He is Already a Tycoon at a Young Age! - Chapter 99
Only Noblemtl
#099
On the Great Wall of China in Beijing.
It would be a miracle to meet Jack Ma, who is temporarily working as a tour guide on the Great Wall of China.
‘Why didn’t you come?’
Is Shenzhen too far from Beijing?
That could be the case. The startup fair held in Shenzhen was a trap to catch Ma Huateng.
In the end, Ma Huateng was caught in the trap I had set.
“I don’t know about anything else, but the air is really stuffy.”
“I think so too.”
The secretary of Pacific Investment Corporation told me.
“If things continue like this, all the Chinese people living in Beijing will probably get lung cancer and die. If this is the case in the summer, it will probably be even worse in the winter.”
It may be an exaggeration, but it’s not entirely wrong.
“Since the Chief Secretary said this, I should establish a mask manufacturing company through Taesan Group after returning to Korea and export the masks I produce to China.”
“Are you going to export masks to China?”
“It would be impossible because of the unit price issue, right?”
“In my humble opinion, yes.”
“That may be true, but I think it’s different from the food business.”
“You said food business?”
“The baby products and food businesses will be competitive even if they enter the Chinese market. There is widespread distrust of domestic products in China.”
There are a lot of Chinese businessmen who play around with their food.
‘There was also a fake milk powder incident.’
To be precise, it is a case of defective formula milk.
“It’s not for me to say, but your ability to expand your business is truly beyond imagination.”
“It feels good to hear compliments, no matter who they are.”
“But sir.”
“Yes, Chief Secretary.”
“It seems to me that you are waiting for someone here right now.”
“is it so?”
“Yes, because you keep watching the entrance leading up to this wall.”
As expected, the chief secretary’s insight was amazing.
“You have to observe people well to see business. Hahaha.”
I said this because I couldn’t say that I was waiting for Ma Yun here. But then a miracle happened.
‘The monkey climbed up the wall.’
When I see Ma Yun, I immediately think of a monkey. But that monkey is quick-tempered, prone to making outrageous remarks and showing off.
And that type of person is easy to deal with.
“Sir, do you know him?”
When I saw Ma Yun, the chief secretary immediately asked me.
“The person who created the search engine Yellow Pages in China is now a travel guide.”
“Oh, is that so?”
“Then now would be the lowest point, and for me it would be the best time to buy.”
After speaking to the chief secretary, I walked to Ma Yun.
“Are you by any chance the CEO of Yellow Pages, Mr. Jack Ma?”
When I spoke to him first, Ma Yun looked at me with a surprised expression.
“Who are you?”
Ma Yun looks at us with a slightly wary look.
“How do you know me?”
“I am very interested in Chinese IT-related businesses. Sorry for the late introduction. My name is George Sung, the CEO of Pacific Investment Corporation.”
“Pacific Investment Corporation, which held an IT-related startup fair in Seonjin?”
It seems that the startup fair is quite popular in China’s IT industry.
“Yes, that’s right. After you finish your tour, would you mind talking to me for a moment?”
In fact, it is clearly an absurd situation.
‘If you create a meeting in a forced situation like this in a novel.’
I know the readers will curse.
‘Meet Jack Ma!’
I guess I should say I’m lucky.
‘For a few million dollars!’
If you invest just a few million dollars in Jack Ma, like Masayoshi Son, you can make over $30 billion in investment returns.
‘From Tencent to Alibaba!’
In a word, Chinese investment returns are a jackpot.
* * *
Office of the Minister of Finance of Thailand.
“A U.S.-based Pacific Investment Corporation reportedly made over $5.5 billion in profits from the plunge in the baht through currency futures trading.”
The Thai Finance Minister frowned at the report from his secretary.
“You’re saying you made money in Thailand’s difficult situation?”
“Yes, that’s right. The biggest beneficiary of the Thai baht’s plunge is clearly the US-based Pacific Investment Corporation.”
“Those damn guys, they are messing around with their huge capital, so the exchange rate of a middle-income country like Thailand is bound to fluctuate.”
“And the surprising thing is that the largest shareholder of the US-based Pacific Investment Corporation is a Korean.”
“I heard that story too. But since we decided to meet, we should meet.”
“I want to invest.”
“invest?”
“It seems that they are planning to reinvest the profits from the collapse of the Thai baht back into Thailand. They are said to have looked into land in coastal areas.”
“Foreigners or foreign companies can’t buy land in Thailand at will?”
“Isn’t that why you want to meet the minister?”
The Thai Finance Minister smiled strangely at his secretary’s words.
So Ji-sung was scheduled to meet with the Thai Finance Minister.
* * *
Early evening.
The sunset in China seen from the Great Wall is dirty.
And then Ma Yun, who had finished his tour guide, walked towards me and looked at me with a curious look.
‘Because I’ve been waiting for you for hours.’
So I guess that’s why it’s surprising.
“Have you been waiting for a long time?”
“No. When I stand on the wall and look at China, I think the Great Wall is more impressive.”
“Foreign tourists call it the Great Wall of China, but the Chinese just call it the Great Wall.”
The Great Wall of China doesn’t really mean anything to me.
‘and.’
The Great Wall of China doesn’t seem that great when you know that a lot of it was newly built for the Chinese Communist Party’s Northeast Project.
‘By the Emperor’s instructions.’
The number of laborers who died while building the Great Wall of China is enormous.
In contrast, the Great Wall of China was vulnerable to enemy attacks.
Because if you just pass through it like that, that’s the end of it.
“okay.”
“But why did you make me wait so long?”
“When I was hosting an IT-related startup fair in Shenzhen, I checked out some Chinese IT-related information, and there was a report about the Yellow Pages and a photo of Jack Ma among the reports.”
“Oh, so that’s why you know me.”
“I was quite impressed by Mr. Ma’s simple explanation recorded in the report.”
“What does it say?”
“People in the Chinese IT industry call Jack Ma a fraudster.”
Ma Yun immediately frowned at my words.
“It is a misunderstanding and also an insult.”
“The difference between a conman and a successful businessman is as thin as a sheet of paper. If you succeed with your own business idea, you’re a businessman. If you fail, you’re a conman.”
“That may be true.”
“But Jack Ma founded Yellow Pages. I thought that was amazing. No one had ever done that before. Can you tell me a little bit about Yellow Pages?”
For Jack Ma, the Yellow Pages is both a beginning and an achievement.
‘When telling your own history.’
The man is excited.
And Ma Yun started to chatter like a monkey excited by my request.
* * *
On the Great Wall of China in Beijing.
“Mr. Jack Ma, do you think you should start an Internet-related business again?”
Maybe this is what Jack Ma wants to hear from me.
‘Your eyes are really rolling.’
The look in his eyes changed into one of great anticipation.
“Internet business?”
“Yes, as you know, I am the head of an investment firm. I can invest in anyone I think can make a profit, no matter where it is.”
Ma Yun’s eyes changed at my words.
“So, would you be willing to invest in me so I can start my Internet business again?”
Ma Yun looked at me with longing eyes for a long time and then said to me.
“If Mr. Jack Ma’s new Internet business is profitable, there’s no reason not to invest. So what kind of Internet business ideas do you have?”
I know very well that Jack Ma succeeded in Alibaba.com and became the richest man in China.
‘Tencent and Alibaba.com!’
It is probably the representative Internet company in the United States.
‘A leading electronics company in China.’
If it’s Huawei and Xiaomi, then it’s Tencent and Alibaba.com for internet-related businesses.
“I want to build the largest e-commerce site in China, and I want to start in China and expand my business to the whole world. The Internet has no borders.”
Ma Yun’s words were wrong.
The Internet around the world has no borders, but China has it.
‘This is the Great Wall of China.’
The Chinese Communist Party blocks overseas internet access in order to control the Chinese people, and the name of the program is the Great Firewall.
“is it so?”
“Just as the ancient people built the Great Wall of China, I also want to build a trading site based on the Internet to protect the Chinese Internet trading market.”
Ma Yun said he is keeping it now.
‘Alibaba.com’s position is not defensive.’
It is an invasion through cheap Chinese products.
“It’s a good idea as an Internet e-commerce site. China has a population of 1.2 billion, so even if only 500 million of them use the Internet and only 100 million of them use Internet e-commerce, it would be huge.”
It was Ma Yun who smiled at my words.
“Yellow Pages failed because it was too early, but I am now confident that it can succeed because the local Internet conditions in China have improved.”
That’s right.
China is developing differently every day.
‘From the 70s to the early 80s.’
The Yanji Koreans migrated to North Korea to avoid starving in China, but now China is quite developed.
‘And then in the 2000s.’
China is becoming arrogant due to its economic growth.
“How much would it cost you, Ma Yun, to start over from scratch?”
“Please invest just $7 million.”
“Seven million dollars? Hahaha!”
I just laughed, and Ma Yun couldn’t help but think a lot about my laughter.
“Do I······. Do you look like a fraud, sir, as written in the report?”
“What grounds do you have for me to trust you and invest in you? Of course, you have the title of first.”
Now it’s time to kill Ma Yun’s spirit.
“Not right now······.”
“Yes, there is nothing right now. But I intend to invest in Mr. Ma. He has the title of the first and has failed once, so you know why he failed. But you must understand that I am an investor and I cannot highly evaluate Mr. Ma, who has failed once.”
He said he would invest.
But still, you made me feel like a loser and worthless.
“I will invest $7 million as you want. Then, how much of the shares will you give me? The shares of the company you will establish?”
“How much do you want?”
It was Ma Yun who asked me, looking right at my face.
“How much will you offer? It would be natural for Mr. Ma to speak first. Mr. Ma’s value is not high right now.”
“Hmm······. I will give you 20% of the shares in the company I am establishing.”
“You said only 20%? You have nothing to back up right now? I will invest in your dream. And by the way, the young entrepreneur named Ma Huateng, who decided to invest at the startup fair held in Shenzhen, has agreed to transfer 45% of the shares of the company he is establishing to me.”
“Ugh······!”
Ma Yun groans at my words.
“Besides, he has never failed before.”