He is Already a Tycoon at a Young Age! - Chapter 98
Only Noblemtl
#098
Office of Dongbang Investment Company.
“So you ended up investing in Ma Huateng.”
After Ma Huateng finished his investment meeting with me, he went back and I came to CEO Han Jun-ho’s office, where CEO Han Jun-ho said to me.
“As you heard, we invested $5 million as an initial investment, and the final investment will be around $500 million.”
“So you think it’s worth more than $500 million in investment?”
“Yes, the Chinese population alone is over 1.2 billion. If they were all to use the free Internet messenger developed by Ma Huateng, the value of Ma Huateng’s company would be over 100 trillion in China.”
“1,000 trillion?”
What you’re asking me is that I’m absolutely certain that that can’t happen.
“Why does it seem impossible?”
“No company with a market capitalization of $100 billion has ever been born in the United States.”
“That’s true now, but won’t it be true in the future?”
“But it is by no means easy.”
“There will be quite a few companies in the US that will join the trillion dollar club within the next 10 years. Microsoft is the most likely candidate, given the current situation.”
CEO Han Jun-ho nods his head at my words.
‘But Amazon.com and Apple.’
And now, no one thinks Amazon.com will become a trillion-club company.
‘I own 50% of Amazon.com.’
Of course, Amazon.com will also have to put a significant portion of its shares up for sale when it goes public. Anyway, even thinking about it now, it seems like the investment is the most profitable.
“Yeah, Microsoft might be able to do that.”
“There will also be a few IT-related companies joining the 1 trillion club.”
“You have already invested in Amazon.com, sir.”
“Yes.”
In times like this, you just have to laugh.
“You are truly amazing. I still can’t believe it, but if the Chinese company founded by Ma Huateng becomes a 100 trillion won company, the stake you have secured is 45%, which is 450 trillion won. With just that stake, you will become the world’s richest person.”
“We will each give up a 15% stake in the distribution network.”
Still, it’s 350 trillion.
And I plan to additionally secure some of the 30% distribution shares that Ma Huateng and I will put up for sale through an account in someone else’s name.
“Still, it’s 350 trillion. If it turns out as you expect, the whole world will be surprised.”
“That’s right. But this is just the beginning. Ma Huateng’s startup item is an e-commerce agency service.”
“But?”
“If you want to provide an e-commerce agency service, China’s online business needs to be active. You need to invest in a company that represents that online e-commerce.”
“Now that I hear it, that’s true.”
“If we could invest in the number one company in the Chinese online e-commerce platform business and help start a business through that investment, it would be huge.”
“But sir.”
CEO Han Jun-ho’s gaze changed completely.
“Why are you doing that?”
“Why don’t you start your own business and instead invest in a newbie entrepreneur like Ma Huateng?”
“CEO Han Jun-ho also heard the reason when I spoke with Ma Huateng.”
“However, rather than investing, wouldn’t it be better to start a business yourself and secure more than 90% of the shares like the existing affiliates that you own?”
Most of the shares in Taean Group’s affiliates are mine.
‘This is why capital is scary.’
Because more than 90% of Taean Group’s net profit becomes my profit through cash dividends if I so choose.
“In terms of numbers, yes. But we must never forget the uniqueness of China. Any market created in China will be absolutely closed, both offline and online. And we must conduct business under the strict control and management of the Chinese Communist Party.”
“That’s true.”
“That’s why we’re only making investments. In addition, as China grows economically, it will become stronger militarily. Then, it will come into conflict with the United States. The United States will never just sit back and watch China continue to grow.”
This is CEO Han Jun-ho nodding his head to what I said.
“When Japan’s national production reached 60% of that of the United States, the United States began to contain Japan, and the Plaza Accord was signed as a result. From then until now, the Japanese economy has been in a lost decade.”
“I think so.”
“The Japanese economy won’t end with 10 years of loss. It will probably be more than 30 years. The United States is that kind of country. When China’s production reaches 60% of the United States’, the United States will pressure China like it did Japan.”
This is the future I know.
‘but.’
No emergencies here.
‘Corona situation.’
The US will not be able to do anything until China’s national production reaches 80% of the US’s due to the coronavirus pandemic.
‘So China.’
They cause all kinds of trouble in neighboring countries.
“At that time, Western countries, led by the United States, will regard China as an enemy and put pressure on it. If that happens, Chinese companies, especially semiconductor companies and online companies, may not be able to export to the United States.”
“You analyzed it as it would turn out that way, and the CEO invested in Lei Jun and asked him to establish an electronics company.”
“That’s why, if the U.S. raises trade barriers while pressuring China, China will retaliate with trade measures.”
“China is retaliating against the United States?”
This is CEO Han Jun-ho, looking at me with eyes that say, “This is impossible.”
“Of course, it’s impossible right now, but China in 20 years will be different from today. And the US will block companies from entering China. Then, local Chinese companies will dominate most of the Chinese market. In particular, the online market will be completely dominated by Chinese-founded companies. In addition, the Chinese Communist Party will block Internet information coming from overseas in order to control the 1.2 billion Chinese people.”
“In the end, only Chinese Internet-related companies will survive.”
“Yes, that’s why the Chinese market is special. So you should invest, not start a business. I said before that we are developing a facial recognition program in South Korea.”
“Yes, you said so.”
“We will secretly sell that facial recognition program to the Chinese Communist Party. In return, the Hong Kong-based company, Oriental Investments, will change its name to Oriental Securities and enter the Chinese stock market.”
“ah!”
“The Chinese stock market is my playground.”
A dialogue from a certain movie came to mind without me knowing.
‘A playground for experts, hell for beginners.’
The Chinese stock market will be my playground.
‘actually.’
We all know that the current and future South Korean stock market will become a playground for foreign capital.
To prevent that, I have to become a big capitalist.
“My heart starts pounding just thinking about what the CEO said to me.”
“Just wait and see. It will happen. So, you should secure and mobilize as many connections as possible so that I can meet with the Chinese Communist Party’s power elite while the facial recognition program is being developed.”
“Yes, I understand.”
“Then, I guess I should go on my trip to Beijing, China as planned.”
In fact, it would be a miracle to meet Jack Ma, who looks like a monkey, on the Great Wall of Beijing.
‘And the miracle.’
It almost never happens.
* * *
The Office of the President of the Republic of Korea, Blue House.
“We will announce the date of the public auction of Seungbo Steel on September 5th.”
The new economic chief of the Blue House spoke to the president.
“You say there are few companies interested?”
“Even if Daehyun Group is the sole bidder, it should be a public sale so that His Majesty does not get embroiled in gossip later.”
The chief economic advisor, who had been at odds with Ji-Sung, was dismissed after various corruption scandals were revealed to the media.
“Is that so?”
“Yes, that is correct. And Mr. President.”
The new chief economic secretary at the Blue House called the president with a determined look in his eyes.
“Why do you have anything else to report?”
“Your Excellency, the current foreign exchange reserves of the Republic of Korea foreign exchange authorities are in a critical state.”
“Really? My predecessor never reported it to me?”
There was no reason to report to the president because the former chief economic advisor was a black-haired foreigner.
“It’s a serious situation, so everyone is reluctant to report it.”
“okay?”
“Yes, that’s right. Mr. President, if things continue this way, there is a good chance that we will be insolvent.”
“What if that happens?”
“We will be pushed to the point of national bankruptcy. You must prepare.”
The president frowned at the report from the new chief economic secretary at the Blue House.
“You said the country was in bankruptcy?”
“Yes, Mr. President. The worst-case scenario could happen. So you have to prepare for it and prepare countermeasures. I also think the public should be aware of this situation.”
“The presidential election is coming soon.”
The president said.
The new chief economic secretary at the Blue House bit his lip tightly.
“In order to prepare and prepare countermeasures, the regime must remain in power. And you are the only one who brought up this story. No economic expert has reported on this situation yet.”
“Your Excellency the President.”
“Okay, the presidential election is important. Maintaining power is the most important thing.”
Anyway, the president has now realized that South Korea is heading towards national bankruptcy, but as the president is also a politician, maintaining power is the most important thing.
‘The economic president is a piece of shit.’
The new chief economic secretary at the Blue House gave the impression that he was the president who had ruined the South Korean economy.
* * *
The next day at Ma Yun’s house.
“Should I have gone to Seonjin too?”
Ma Yun muttered while reading the newspaper. Ma Yun was currently working as a tour guide on the Great Wall near Beijing after resigning from the online department of the Ministry of Foreign Economic Affairs and Trade of China. However, his heart was filled with the desire to start an internet business.
“Were you reading the newspaper?”
Ma Yun’s friend came to see him and Ma Yun smiled.
“I heard that an IT-related startup fair was held in Seonjin.”
Ji-sung instructed Han Jun-ho, the head of a Hong Kong investment company, to place a large-scale advertisement to promote the expo, and so local Chinese newspapers and broadcasts reported advertisements for IT-related expos held in Shenzhen every day.
“okay?”
“It might have been a good opportunity to get investment.”
Ma Yun frowned after telling his friend.
‘Chinese people don’t invest in Chinese people.’
Ma Yun muttered to himself. In fact, the fact that the people who deceive other Chinese the most are Chinese themselves is probably one of the reasons that China is preventing itself from becoming a trustworthy society.
“Jack Ma, are you saying that people in business like yours treat you like a fraud?”
“A frog in a well thinks the sky above the well is round.”
“What does that mean?”
“You treat me like a conman because you know nothing more than a dog sleeping on the side of the road.”
“If everyone thinks a business won’t work, then maybe it won’t work.”
“Business is about making the impossible possible. Just wait and see, the Internet will become the center of the world, and you too should live thinking about the future and not just staying in the present, or you will eventually be eliminated. How long are you going to live like this?”
“Are you cursing me too?”
Ma Yun’s friend frowned.
“It’s not a curse, it’s advice. If you live like this, you’ll end up dying as an incompetent father who leaves nothing but poverty to your children.”
Ma Yun is the type of person who says exactly what he wants to say.
So even now, I have more enemies than friends. And today, I lost another friend.
“Die as an incompetent father?”
“That’s what will happen. Your son will live his life resenting you.”
“This is why you don’t have any friends.”
Ma Yun’s friend got up from his seat, shouted, and left Ma Yun’s house.
“Chinese, tsk tsk!”
Ma Yun ignored Chinese people even though he is Chinese himself.
Originally, in the future, Ma Yun was known as a tycoon who made outrageous remarks, and even now, he never thought about other people’s feelings.