Money Likes Me Too - Chapter 80



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Episode 80.

SpaceX story,

I didn’t do it with any particular intention. It was somewhat impulsive.

‘But the moment I saw Musk, I couldn’t help but do it.’

Now that I think about it, it sounds plausible.

Isn’t that the biggest company he owns, other than Tesla?

Maybe we will overtake Tesla in the future. It is an opportunity to make up for all the mistakes we have made so far. I can’t help but be greedy. If we don’t, it would be even stranger.

‘······ That would be difficult, right?’

Even after Musk left, his playful voice lingered in my memory and continued to ring in my head.

“It will be difficult.”

Han Jang-su said.

“why?”

“Because it’s difficult.”

“You have to tell me why it’s difficult.”

“I think you know this, but if I had to say it, I would have to say that SpaceX’s market cap has already surpassed ours.”

“I don’t think so.”

“What matters is that they surpassed us, whether by a large or small amount, Mr. Chairman.”

no.

‘I have to jump over fewer obstacles so I can survive.’

I know the general idea.

SpaceX’s flagship project, the Falcon 9 reusable launch test, is scheduled for February. It’s a project that has already failed once. It suffered a huge loss of nearly $260 million due to an engine explosion.

I’m so jealous.

We can’t afford to let this great opportunity pass us by. We have to make a deal.

This is the perfect opportunity for me to blow all my money. If I hadn’t met Musk, I wouldn’t have known, but since I have, I can’t miss this opportunity.

Han Jang-su got goosebumps when he saw my eyes.

“So you accepted the bet earlier?”

He asked questioningly. I nodded.

What are you talking about?

Just before Musk left, I made a prediction first. It was about the Falcon 9 project.

‘This re-launch will be successful.’

‘How do you know?’

As expected, he reacted unpleasantly.

It’s natural to be sensitive when someone you don’t know suddenly says they’re successful. I said that on purpose.

‘I just have a feeling that’s the case.’

‘Have a premonition?’

‘yes.’

There is a saying that one step forward is worth two steps back. This success is one such example.

Only then will the next failure feel bigger. That’s why I absolutely must join SpaceX as an investor in the future.

‘Oh, I heard that. I heard you have a good sense of the future.’

He regained his mischievous smile.

‘Okay. Then, would you like to make a bet with me?’

‘What’s the bet?’

‘This time, whether what you are saying is true or not. If I lose, that is, if what you are saying is true, then we will sell 20% of SpaceX’s voting stock to Mr. Kang.’

At those words, the faces of the two people except me turned pale.

‘Why? Isn’t that what you wanted?’

‘you’re right.’

The prediction came true.

Elon, who has a gambling temperament and a penchant for betting, was successful in deliberately provoking him. This is why he brought up the Falcon 9 story.

‘instead!’

He declared.

‘yes.’

‘You know what? If I’m wrong, you should sell me your cocoa stocks instead.’

‘I guess so.’

Musk coughed, perhaps because my answer was too fast. He missed the timing to say the next thing.

‘I’m not a person who speaks with two mouths.’

‘That applies to me too.’

‘You do realize that you have eight ears to hear this, right? Are you sure that’s okay? You’d better stop thinking that if I give you 20% of my stock, I’ll get 20% of Cocoa’s stock.’

He continued speaking with a serious face.

‘I’ve done all the research. My 20% stake would be half of Cocoa’s stock. If the relaunch is successful as you say, I’ll have to worry about whether that half will become the whole thing.’

In doing so, he placed bets of up to $50 million, separate from his stock trading.

It was confidence that came from the belief that even if I lost the bet, I wouldn’t have the money to buy the stock.

“Mr. Chairman!”

While I was lost in thought, Han Jang-su screamed.

“Elon Musk tweeted.”

He showed me his phone. It was just one short sentence.

——

Elon.musk ··· 1 minute ago

I wanna play a game, @Kokoa

(Start the game. Cocoa.)

——

“They just posted our bet on the internet. It’s over. Our cocoa is over.”

He trembled. His voice sounded like the world was falling apart.

But my thoughts were very different.

‘It went well.’

Whether you win or lose the bet, the outcome is the same.

If the launch is successful, I have to buy 20% of SpaceX stock. That would cost a lot of money. It would probably be hard to get even if I sold all of the cocoa.

‘Unless Bitcoin goes to $10,000.’

There is no place where money can be made.

There have been numerous exchange hacking incidents, starting with Mt. Gox, ShapeShift, and Gatecoin. In August of last year, a whopping $63 million worth of Bitcoin was stolen from a Hong Kong exchange called Bitfinex.

Every time that happened, the price would drop dramatically.

How do you know so much in detail?

Every time that happened, Lim Kyung-jun told me. Unfortunately, according to his report, the exchanges that held our bitcoins were still strong.

But that’s only for now.

If Bitcoin disappears, other coins will disappear as well. Then the exchanges will disappear as well.

surface?

That goes without saying.

The future is so close that it seems within reach. All it takes is this year.

“Mr. Chairman.”

Han Jang-soo opened his mouth.

“Oh, it’s already this late.”

“······Shall we depart?”

“Okay. We’ll walk, right?”

“Yes, because they are all within one street anyway.”

Davos was a small town. One representative stood up first. His eyes looked as if he had given up.

* * *

It’s evening.

Mydu Chairman Li Hongyan couldn’t believe the story that he had been invited by Cocoa.

‘Are you kidding me?’

It felt like the anger I had tried so hard to forget was coming back.

“What would you like to do?”

“Go and see.”

But my anger was fleeting, and I was more curious about what their plan was. After all, this is neither Korea nor China. Even if they wanted to do something different, it wouldn’t be easy.

He raised himself up.

It was about a 10-minute walk to the Belvedere Grand Hotel, the venue for the event.

“Mr. Lee!”

As I entered the entrance, I heard an unwelcome voice.

“Mr. Schumpeter.”

“It’s been a while. How have you been?”

He looked at the smiling face of Google Chairman Eric Schumpeter, who showed his teeth, and felt sorry. He couldn’t hide the expression on his face that made him want to hide in a hole.

“I never dreamed I would see you here.”

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“Haha, yeah, whatever.”

“Did you recover the bitcoins you lost back then?”

I dug up painful memories no matter what.

“How much does that cost?”

Money wasn’t the issue, but Eric didn’t seem to have any intention of stopping there.

“I’m using the TokTok app well. Congratulations. Isn’t it the world’s second best app?”

This was also sarcasm.

The world’s number one app is Cocoa Dingdong. TokTok is next. However, it is only in second place, having made it to the Chinese domestic market.

The damage was severe, but my pride was hurt.

It was embarrassing to have been hit with back-to-back home runs by a company from a small country like Korea. Now, even the authorities were looking at me with suspicion.

“······.”

Li Hongyan said nothing.

“We at Google are also planning to launch a similar service. Beautiful competition, please. Haha.”

Eric doggedly held onto the subject.

“Moreover, what brings Mr. Schumpeter to this small banquet?”

I tried to change the subject.

“A small banquet?”

“Yes. What’s the problem?”

“There’s a problem. This is definitely not a small banquet.”

He continued.

“Oh, China doesn’t use Twitter? I guess Elon Musk hasn’t posted anything on Weibo yet.”

tweezer?

“Look at my mind.”

Eric winked as he left after speaking.

“You can go in and take your time looking around, but I’ll go in first. It looks like it’s going to start soon.”

Li Hongyan went inside and logged onto Twitter, which he had never used before. He had no firewall.

‘Musk playing games with cocoa?’

It was absurd.

Elon Musk could do it.

That’s the kind of person he is. He’s an alpha who enjoys fighting and betting. Of course, his confidence comes from the size of his capital.

But what about cocoa?

We’re not a big enough company to have a showdown like that just for fun.

If we talk about the bet, it makes me laugh even harder.

Musk may be playful, but he is not a liar. When he first announced that he was going into the private space business, many thought he was a liar.

But he really did try, and he succeeded.

It’s the same now.

He said he would play the game, so he will definitely play the game. Maybe it will not be Maidu but Elon Musk who will suffocate Cocoa.

‘Okay. Now.’

Revenge doesn’t have to be taken with one’s own hands. He smiled with a sense of repentance.

“Come this way, Chairman Li Hongyan.”

I sat down as instructed by the receptionist. Another one came over and poured wine into his glass.

It was a wine I hadn’t even ordered. The scent was familiar.

‘Romanee-Conti?’

It was a wine that I really liked, but couldn’t taste easily. It wasn’t because it was expensive. It was because it was hard to find the right vintage.

But here it was. How on earth?

He brought the glass to his lips. It was ecstatic. It was enough to make all the anger that had built up come crashing down.

‘This won’t do.’

He made up his mind.

“Chairman Li Hongyan?”

Someone came and touched his shoulder. It was Clyde Schwab.

“Mr. Schwab.”

“I got an invitation from Mydu too. As expected from Cocoa. I’m sure it’ll be a good relationship. Hehe.”

“Haha, yeah, I guess so.”

We kissed roughly. I couldn’t say anything bad out loud.

A question remained in my mind.

‘Why on earth is Clyde Schwab here?’

Eric Schumpeter, whom I just met, has a connection with me, so it makes sense, but Clyde Schwab is not the type of person with free time to come to such a small banquet.

But that thought was shattered one after another.

Because Clyde beckoned to a young man.

“Trevor!”

He came closer.

“Greetings. This is Chairman Li Hongyan, the General Chairman of Maidu among China’s MAT (Maidu, Alibaba, Tencent). Mr. Lee, this is Trevor Kalanick, the founder of Uber. Greetings.”

That’s how it was all.

“······ Hello. This is Nicolas Stronsky, founder of European challenger bank Revolut.”

or,

“······ Nice to meet you. I am Samsung Vice Chairman Lee Yong-jae. We met last time, right? Thank you for your help. I look forward to working with you in the future.”

All the big names in the world gathered at the ‘small banquet’.

That’s ridiculous!

Even while intoxicated by the aroma of the Romanee-Conti that was so delicious, Li Hongyan tried to come to his senses. This is not enough. This is Kang Si-hyeon’s work.

‘Anyone can do this if they have money.’

But after a while, that thought was quickly shattered.

When someone ran to the MC and hurriedly handed him a cue card, the music suddenly stopped.

“Distinguished guests, I apologize for disrupting the pleasant atmosphere.”

His voice continued.

“But I would like to ask for your understanding that I could not help but introduce you to a distinguished guest. He is now coming in. He is the investment genius and the ‘sage’ of Omaha, Warren Buffett. I would appreciate it if you would give him a round of applause.”

What? Warren Buffett?

Now, not a trace of blood could be seen on Li Hongyan’s face.

* * *

When I was planning Cocoa Night, I never expected it would turn out this well.

In particular, the meeting with Buffett was unexpected, so I had to hurriedly prepare a separate Coca-Cola.

‘You said you came to see me on purpose.’

It is well known that he does not like IT companies.

It’s because of the IT bubble about 20 years ago.

When investors criticized him for not touching the dot-com stocks that were skyrocketing by the day, he famously said, “When the water recedes, it will be revealed who is naked.”

It’s called a bubble.

So, I was full of the things he hated. He came to see me.

After the event was over, we had a meeting in a private room.

“You decided to fight Elon?”

There was only one reason he came.

“You said that if you won the bet with him, you would buy 20% of SpaceX stock? Stock that you wouldn’t give to just anyone?”

I nodded obediently. He said.

“I will buy it.”

“What are you talking about?”

“When you win the bet, you get the right to buy 20% of the stock. You’re going to make a profit anyway, right? I’ll buy it at a high price. Isn’t that good?”

revenue?

That’s nonsense. I didn’t answer right away.

“I guess you’re thinking about LTCM.”

Actually, I had no idea. Buffett continued speaking hastily, as if making excuses.

“I admit that I hit back then. Yes, it was my mistake. I didn’t offer even half of the actual value. But if I didn’t sell, they had no choice but to go bankrupt, and they actually went bankrupt without selling. It’s not that I regret going bankrupt. If I had been a little more rational, it wouldn’t have happened. I would have bought LTCM and made more money.”

These are eyes that humbly accept their own mistakes.

“I won’t make the same mistake again, so I hope you won’t make the same mistake again. You won’t believe me, but I mean it.”

To put it simply, it means that he doesn’t want to see me go bankrupt because of my stubbornness.

That’s not wrong. It’s also true that it’s well-intentioned.

The only thing he overlooked was that I was really desperate for that bankruptcy.

“I refuse.”

Buffett’s eyes widened in surprise.

“You can’t afford it with the money you have. Berkshire Hathaway experts estimate it’s worth more than 10 trillion.”

You don’t have to prepare.

“You will definitely regret it.”

In the place where he left, only the cola he had left behind was left behind like a regret.

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