Money Likes Me Too - Chapter 55



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Episode 55.

The first multiplex was built in Hwapyeong City.

“I approached all three companies, but the discussions with Sharon Cinema went well.”

This was Lee Jong-suk’s report.

“Sharon?”

“Yes, it’s because of the department store that is scheduled to be completed next to A1. We decided to change the design of the 7th floor space that was supposed to be a cultural center into a cinema. The completion date will be delayed by a few months, but there will be no major problems.”

It was disappointing.

I’m not disappointed in Sharon. I’m disappointed in Lee Jong Suk.

When we first talked about buying a movie theater, this wasn’t what we meant. We were talking about building a new building, or at least buying the Daeyoung Theater, a local medium-sized theater, and remodeling it.

If you get it wrong, you got it wrong a lot.

They’re going to hand over the entire movie theater to another company. It won’t cost us a single penny. Of course, I don’t like it.

‘They say that the axe you trusted will end up betraying you.’

Just the day before yesterday, I believed in Lee Jong-suk. I decided that he had overcome his small mistakes and was now making every effort to spend money.

He studied my expression.

“Why? Don’t you like it?”

“I am concerned that this is not our investment. I feel like it is moving away from my original intention of contributing to the development of cultural infrastructure in Hwapyong City.”

“I knew you would say that.”

“yes?”

Lee Jong-suk smiled brightly.

“I have already conveyed the CEO’s intentions to Sharon. It is a condition that we must also participate in the movie theater shares. They welcomed it as well.”

His words were as follows:

Sharon Cinema also said that it was burdensome to suddenly change the construction plan, that additional funds needed to be secured, and that it would be welcome if they invested, but since they were going to invest anyway, why not start over from scratch? This is what they said.

‘I like this suggestion.’

It was a fortunate thing.

“It’s an independent legal entity, not a branch. That’s advantageous for a joint venture. Here’s your offer: Sharon 55%, we 45%.”

“Not bad.”

“I think it would be better to invest in KSH rather than cocoa.”

I nodded. He continued.

“The corporate name will be Sharon Cinema’s subsidiary, Hwapyung Sharon Cinema Co., Ltd., but the name ‘Cocoa’ will be written on the signboard. We have agreed in practice that we will monopolize everything from the operation of the movie theater to side businesses such as the concession stand and merchandise business.”

It’s all about money. It costs money. Now I like it.

“great.”

The decision was easy.

“Chief Han.”

“yes?”

“Don’t you feel anything?”

“I feel it. What are you talking about all of a sudden?”

A spark flew at Director Han Jang-soo, who had been standing still. He flinched.

“Fortunately, CEO Lee Jong-seok handled the movie theater well, but that’s not the end. Hwapyeong City is still hungry. There are many things lacking.”

“It’s not like there’s that much lacking······.”

“Just because a movie theater is opened, nothing fundamentally changes. The cultural life of the citizens of Hwapyong is also the cultural life of the Cocoa employees. Don’t you understand yet? Mr. Han?”

If you think about it, that’s true.

The population of Hwapyeong City is already close to 150,000. It is not just a movie theater that is lacking.

There are some commercial facilities inside AC. Starbucks and McDonald’s are also in operation. However, the infrastructure is still inadequate for the increasing demand. More is needed.

One manager mumbled.

“Haha, really? I don’t think I have any at all.”

“No. It’s not enough.”

I spoke in a determined voice. I got to the point.

“I heard that Gyeongridan-gil or something is hot these days. There are already several ‘○ridan-gils’ popping up all over the country. I think it would be good to have something similar in Hwapyeong. How about ‘Hwaridan-gil’?”

You can never be too good at understanding trends. If you want to spend money, you have to constantly put in effort.

“Do you understand?”

Director Han’s expression darkened.

“······yes.”

“Then go out. If you’re not busy, why don’t you go and check out Gyeongridan-gil first?”

The shoulders of a manager who was leaving the room looked slumped.

I looked at his back with the heart of a superior who hoped that he would only follow Lee Jong-suk’s lead.

A director who came out of the representative office sighed deeply.

“What’s wrong, sir?”

This time it was Accounting Team Leader Lee Chae-min.

“It’s nothing.”

“It doesn’t seem like it’s nothing.”

“Team Leader Lee.”

“yes.”

“I’m going on a business trip from now on. I won’t be back until today, so if there’s even the slightest problem, don’t report it. Never. Got it?”

It was a resolute attitude.

“Where are we going this time?”

She asked again.

He was a manager who had become accustomed to business trips. It had long been the norm for him to be absent from his desk. No one was surprised.

“This is Seoul.”

“Why Seoul?”

“As instructed by the CEO, I’m going to see, no, inspect, Gyeongridan-gil.”

This time everyone reacted.

‘Gyeongridan-gil? What’s going on?’

‘Director Han also knows Gyeongridan-gil? That’s surprising.’

It was a hot place that everyone knew about. There was a reason why the employees were surprised at the mention of Gyeongridan-gil.

Han Jang-soo’s brow furrowed.

I barely managed to hold back the urge to shout, ‘If you like Gyeongridan-gil so much, why don’t you go instead of me?’

“Then I will go with you.”

Lee Chae-min suddenly stood up.

“I don’t know if you know, but when you think of Gyeongridan-gil, you think of me, Lee Chae-min, right? I know the area like the back of my hand. Just trust me and follow me.”

Han Jang-soo’s head turned quickly.

‘Maybe this problem can be solved in another way?’

I was planning to pass it on.

Lee Chae-min, who didn’t know the intention, put on a coat. The weather was still chilly. Han Jang-soo smiled inside. It was a devilish smile.

* * *

It was around that time that Gil Jun-gyu entered the Help Synergy TF office.

“Peace is really the best.”

He spoke to Hong Jeong-tae in a welcoming tone. He was sincere.

“yes?”

“It’s more than I expected.”

“That’s right. I was really surprised at first. This isn’t the end. Shaback (Sharon Department Store) will be completed soon, and there are rumors that Costco will be coming in.”

“Really?”

“I told you, our CEO is the kind of person who will do anything.”

Gil Jun-gyu sat down.

When I first received Hong Jeong-tae’s offer to scout him, I was half in doubt.

Of course, I really wanted to go to Cocoa. If there was one thing on my mind, it was a place called Hwapyeong. I imagined a country road that smelled like fertilizer.

It was a wrong idea.

First of all, I was amazed by the magnificent appearance of ACity. I also saw A2, which was being built next to A1. Techno Valley was also impressive.

What about the commercial districts that have developed around the area?

It was like Yeouido or Manhattan. Casually dressed young men and women were walking to work one by one, carrying tumblers and coffee carriers from a local cafe.

“Are you sure about it now?”

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“Of course. Otherwise, would I have come?”

“That’s true.”

An employee came in.

“Sir, I got a call from Cocoa Labs. It’s now.”

The time has come.

“Should I get up?”

“Let’s do that.”

It’s an interview. It’s to choose the president of a company. It’s impolite to be late.

The two of them picked up their pace in silence.

At nine thirty there was a knock on the door.

“This is Hong Jeong-tae.”

“Come in.”

There was a new face. It was Gil Jun-gyu, the CEO candidate for Help Communication. He had a smart-looking appearance.

I waited for him to sit down and then greeted him first.

“I’m Kang Si-hyeon. It’s my first time meeting you. Nice to meet you.”

“It’s an honor to meet you. I’m Gil Jun-gyu.”

The formalities are over.

“Let’s get to the point. I invited you here to take charge of the management of Help Communications in place of Mr. Hong.”

I got to the point.

“Of course I am honored.”

“What do you mean?”

“I accept it. I am grateful that you have called me back to help someone like me.”

Gil Jun-gyu’s cool answer continued.

“Before I take my position, I have something to ask you.”

But the interview wasn’t over. He got nervous again.

“I heard you served as the CEO of Dohum Cartoon Company.”

“Yes, that’s right.”

“If you ever come back with help, you will now be in charge of all the businesses. What will you do with the comics business? Do you intend to revive it?”

The webtoon business of helping people has long since been eliminated. It still lives on in a corner of the portal. However, its contribution to profits is minimal.

Gil Jun-gyu answered cautiously.

“It’s difficult right now. We’re not competitive.”

“Does that mean you won’t do it?”

He hesitated.

“As I said, even though it may be difficult right now, I think securing content IP is a future source of income. Just because you failed once doesn’t mean you can’t try again. Of course, it will cost money.”

Correct. It’s one step ahead.

I nodded slightly at him, who was observing my expression. ‘Good idea.’ Of course, I didn’t say anything.

It’s an interview. It’s rude to reveal your true feelings.

“Let me ask you one more question.”

This led to the next question.

“Please speak.”

“You are aware that our company, Cocoa, has recently entered the internet-only banking business, right?”

“Of course.”

“As a manager and financial expert, what advice would you give to Cocoa’s new bank about the future direction it should take?”

As expected, it is not an easy question.

“that······.”

“Please speak your mind. It’s just a question anyway.”

“Let me tell you.”

In a follow-up answer, he predicted that while it would be difficult to challenge the legacy of commercial banks, if they could target the generation familiar with KakaoTalk, they would be able to gain an advantage in the small loan and short-term credit loan markets.

But at that moment, Gil Jun-gyu’s face turned ashen.

“Why are you doing that?”

I asked.

“yes?”

“Your expression has changed. If you don’t want to go to the bathroom, it seems like you have something to say.”

It was a stabbed expression.

“Go ahead.”

“It’s just that the words small loans and short-term credit loans suddenly made me realize how risky they are. Many people with low credit scores and no ability to repay will use them. Naturally, the delinquency rate will increase.”

Yes, that’s a valid point.

As expected, you are an expert. You have great insight. You have just come up with another amazing reason why I do cocoa banking.

“That’s it.”

Yes? A large question mark was drawn on both their faces.

“Is that what you call a scene filer?”

“Oh, yes. That’s right.”

A thin-filer is someone with little financial history, making it difficult to assess their credit. They are usually college students or young professionals.

“Isn’t it also the responsibility of internet-only banks to create more precise and better credit rating models and provide them with financial services as much as possible? Gil Jun-gyu’s point was appropriate, but it seems he failed to foresee two or three steps ahead.”

The intention was different.

‘That’s why I’m doing it.’

I believed that an internet-only bank would overcome past failures and become a money-making scapegoat, or rather a treasure trove.

As expected, he is the person Hong Jeong-tae recommended.

I understand Cocoa’s vision and culture very well. It’s not without its shortcomings, but anyway, it perfectly answered the two questions I prepared.

I’ve seen it all. This is enough.

“Thank you for your effort.”

Tension returned to Gil Jun-gyu’s face. This was because he had not yet received a definitive answer.

“Then shall we go out for a meal?”

“yes?”

“Mr. Hong, Mr. Gil, you two have come all the way to Hwapyeong, so it’s my job to treat you to a meal. Please get up quickly.”

It took me a while to understand what I was saying.

“Go, thank you.”

The moved voice of the new CEO, Gil Jun-gyu, resonated throughout the CEO’s office.

“Let’s go.”

He urged me to hurry up.

“A delicious restaurant recently opened in Korea. There’s not much time left to make a reservation. It’s called [La Table de Joël Le Boucher], and it’s a French restaurant I always enjoy going to whenever I go to Europe.”

French restaurant? Their eyes widened.

* * *

ACITY was a project consisting of two buildings: A-One, which was completed first, and A-Two, which is currently under construction.

As we were getting used to the move-in to A1, A2 was finally about to be completed. The noise caused by the construction was a thing of the past. Now, once the office is finished moving in, A City will be twice as busy.

Then one day it happened.

“Big news.”

While I was talking to Lee Jong-suk, a manager came running into the CEO’s office.

“What’s the news?”

“The A2 construction is almost finished. Isn’t it almost finished?”

“Yes, but?”

“The company that will be moving in has been confirmed. I heard about it from Director Lee Jeong-hak yesterday when I went to Seoul. It’s Graviton. Graviton.”

Graviton? It’s the first time I’ve heard that name.

“It’s a hot game company these days. Graviton Studios is a large company that has formed an alliance with small game companies and is leading the game industry these days.”

Lee Jong-suk gave me some fat.

“okay.”

“The four floors below A2 are used by Graviton, and the three floors above are used by another company. That’s the really big news, sir.”

“So where are you going? Don’t be shy.”

“It’s Naver. Naver.”

He said.

“Not all of Naver will be coming in. They say that only some of them, including the R&D center and several subsidiaries, will be coming in until ‘Factory Earth’ is built. But that’s not going to happen. Even without that, the reporters are already going crazy, it’s a mess.”

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