Hotel conference room.
“What’s wrong with your expression?”
Kim Cheol-soo shook hands with a smile, and Larry held his hand half-heartedly with a chewed-up expression.
“Why don’t you worry about the company you work for? “Isn’t there so much to do?”
“Do you know what they call someone who owns 51% of the shares?”
“··· owner.”
“Of course the owner must attend.”
Kim Cheol-soo shook hands with Kim Hak-dong and Moon Young-jo, who were also present, and sat down at the table.
After drinking a sip of the bottled water, Kim Cheol-soo glanced at them, their faces slightly flushed.
The price Larry proposed for acquiring Africa was $200 million.
In Korean money, it’s about 250 billion won.
“Honestly, I was surprised. “It’s amazing that there are such great IT companies in Korea.”
“What’s there to be surprised about? We have the fastest internet in the world. But… the price is not very satisfactory for that.”
Kim Hak-dong and Moon Young-jo, who thought they had to sell it for this amount, looked at Kim Cheol-soo with their eyes wide open.
Not only is it a life-saving deal, but it is also sold at the highest price among Korean IT companies.
Larry Page frowned.
“Hey, buddy. “You can’t be too greedy.”
There were two businesses that would bring the greatest profit to Google in the future.
The first is YouTube, and the second is the Android-based Google Store.
Android has already taken the lead, and the only card left for Google is YouTube.
However, Africa has taken over the business model that YouTube should have adopted in the future.
Kim Cheol-soo responded with a confident expression.
“When did I say I was selling it? “Who was it that secretly came and tried to negotiate?”
“It seems like I helped you a lot not long ago, but do you think this is going too far?”
Africa was so perfect both technologically and as a business model.
Management’s judgment was that if this was acquired, approximately $200 million could be recovered within five years.
Since it seemed like if he got up to speed, the negotiations would actually fall apart, Larry brought up something from the past.
Kim Cheol-soo quietly listened to his story with his arms crossed.
“I will personally return the personal favor later. However, Africa has plans to enter the United States. “We plan to provide services all over the world, starting with the United States, Europe, Asia, Africa, and Australia.”
Kim Hak-dong and Moon Young-jo turned their heads when they heard this for the first time.
This is because I never heard from Kim Cheol-soo about expanding into overseas markets.
Larry smiled bitterly.
Seeing that he openly stated his biggest concerns from the beginning, it seemed like he had no intention of negotiating for $200 million.
‘There’s nothing funny about it.’
“I think I saw the news that they were going to make a large investment in YouTube, but what is happening in Africa?”
Since the acquisition and investment in YouTube was something that was carried out in great secrecy by a small number of people, Larry Page was momentarily surprised by Kim Cheol-soo’s intelligence.
“her···. “There was no way such news would have come out, right?”
“but. “Is this just a passing rumor?”
As Kim Cheol-soo scratched his head and laughed, Larry felt frustrated.
‘Oh, damn it! Looks like shit again.’
Kim Cheol-soo, who was closely observing Larry’s expression, drank the remaining bottled water in one go.
“If it’s not urgent, it would be better to see you again in a few days. I hope you come properly prepared next time. “I guess the management there also analyzed the value of Africa’s business model?”
“···.”
“So you must have come here. “You also know very well that I’m not the kind of person who will bite you if you ask for that kind of money.”
Moon Young-jo opened his mouth wide as he looked at Larry Page, who had closed his mouth after hearing Kim Cheol-soo’s few words.
When they heard that Larry Page was visiting, they made a fuss as if some kind of president was visiting.
Because he was one of the most successful businessmen in the world.
But Kim Cheol-soo was playing with such a VIP.
‘When they asked for 200 million dollars, I only thought about what I would do with that money.’
Kim Hak-dong blushed when he saw Kim Cheol-soo like that.
This is because I remembered Larry calling me excitedly, saying he had made an acquisition offer that was hard to refuse.
‘After all, I’m not an ordinary person. ‘What kind of Korean would treat Larry like that?’
Larry closed his mouth and glared, and Kim Cheol-soo laughed and stood up.
“If you don’t like it, you can go back. Mr. Yeongjo, Mr. Hakdong? We’ll just get up. “I have to go pick up my wife.”
“Ah yes.”
Moon Young-jo and Kim Hak-dong stood up, and Larry sighed.
“I’ll see you back here in a week.”
“A complete takeover is not possible.”
“Damn it, Charles!”
“Haha, I’ll see you then. “Larry.”
**
“May I ask what you are thinking?”
As soon as he left the building, Kim Hak-dong hurriedly asked.
“I was a little annoyed because I felt like I was eating it too raw.”
“No, it’s $200 million…”
Although Africa was gaining popularity, especially among young people, monthly sales were around 2 billion won.
Considering fixed costs, the net profit is about 500 million won per month. This also left us with no choice but to continue investing in server expansion.
“And expanding overseas is impossible. “I don’t have the funds for that.”
——————
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“Of course, it’s impossible based on our circumstances alone.”
“yes?”
Cheolsu Kim answered with a grin.
“So we need to get investment from Google.”
“…Are you planning on receiving an investment rather than an acquisition?”
Kim Cheol-soo stopped for a moment and turned his head to look at the two people.
“Do you two plan to retire financially after you sell Africa?”
Kim Hak-dong paused for a moment and shook his head with a straight face.
“··· no.”
In fact, Moon Yeong-jo, who was tired from business, was not without such thoughts, but when Kim Hak-dong suddenly shook his head with a straight face, he suddenly shook his head.
Kim Cheol-soo smiled calmly while looking at Kim Hak-dong.
“Only good things will happen in the future, but I was actually a little worried about what would happen if I retired already. “Thank you for being so kind to me.”
“We never expected it to do this well.”
“Now that you’ve taken a step, it’s difficult if you’re satisfied that things are going well.”
When Kim Cheol-soo smiled and answered, the two also smiled awkwardly and nodded.
“While studying Korea’s IT market these days, I felt a little… sad. “The fact is that most companies failed with technology and business models that were years ahead of developed countries.”
Moon Young-jo, who had already experienced failure, nodded his head in sympathy.
With the rapid spread of the Internet under the leadership of the government, Korea’s largest telecommunications community died in an instant.
“It seems like the IT market is like that. “It’s the same with my failure.”
Kim Cheol-soo also nodded at Moon Young-jo’s words.
“Yes. We also need to prepare for the next platform.”
“What about the next platform?”
“There will be changes in the PC-based market. From now on, we need to prepare for the mobile market.”
“Mobile?”
“It’s the mobile communications market.”
There was talk about ‘3G’ a while ago, but Moon Young-jo and Kim Hak-dong were not impressed.
“So, I’d like to introduce you to a few people.”
“Who…?”
“Kim Yun-sam, who created I Love School. “Do you know?”
“ah! I know.”
“What about Jeong Jae-hwan, the creator of Freechal?”
“It’s a legend. But all of them…”
Kim Hak-dong’s eyes were wide and his words were slurred.
I covered them when I was a reporter.
Cheolsu Kim nodded.
“These are people who failed once. “He will be a good partner for us.”
**
“Thank you for your hard work!”
“great job.”
“Jinyoung.”
Song Jin-young, who was getting ready to leave work, turned around when he heard Lee Kyung-jeon’s voice.
“yes?”
“Let’s talk for a moment.”
“If it’s work-related, I’ll do it tomorrow.”
“It’s a story related to the team leader.”
Song Jinyoung frowned.
“I don’t have anything to say to you?”
“is it so?”
Kyungjeon Lee also frowned.
“Who gave us a copy of our project? “I checked the log file and there were traces?”
Song Jin-young narrowed his eyes as he glanced at Robert and Park Dong-gyu, who were also getting ready to leave work.
“Are you spying on me now?”
“Follow me to the rooftop. “If you don’t come, I’ll reveal it to the rest of the team.”
Kyung-jeon Lee packed his bag and left the office first, going up to the roof of the building.
Park Dong-gyu, who was talking with Robert, caught the eye of Song Jin-young rushing outside.
‘Where are you going in such a hurry?’
Park Dong-gyu, who had recently seen Song Jin-young in Africa, tried to talk to him naturally on his way home from work.
“You like it, right?”
Park Dong-gyu blushed when he heard Robert’s voice next to him.
Robert was patting Park Dong-gyu on the shoulder and smiling happily.
“Oh, no.”
“Hmm, I see.”
However, Robert smiled faintly, patted Park Dong-gyu on the shoulder once more, and stood up.
Meanwhile, Song Jin-young, who came up to the rooftop, approached Lee Kyung-jeon, who was standing in a corner with his arms crossed.
As soon as Lee Gyeong-jeon saw her, he frowned.
It was a business plan that the entire team worked hard to create over the course of a month.
The team leader also thoroughly emphasized security.
I don’t want to be a dog chasing chickens.
“Are you crazy?”
“I’m not crazy!”
“Who did you steal it from?”
“Do you think I’ll tell you?”
“what?”
Lee Gyeong-jeon shouted and grabbed Song Jin-young by the collar.
Song Jin-young, who saw Lee Gyeong-jeon’s bloodshot red eyes, struggled with the instinctive thought that he was going to get hit.
At her previous company, Kyung-Jeon Lee had her business plan stolen several times.
When someone in the department said they needed a promotion, the department head gave the business plan he had worked hard to create to someone else.
At first, I wondered if this was what organizational life was like, but as it became repetitive, I became angry.
I quit my first company after putting my department head in the hospital for dumping him.
“Ugh…”
Kyungjeon Lee let go of the hand that was clutching his neck at that sound.
“Are you crazy? Do you have anger management disorder? “Why are you trying to kill people!”
Jinyoung Song touched her neck and screamed.
“It’s you, right? “You mean the person who spread the rumor that my team leader and I were having an affair?”
Lee Gyeong-jeon looked at Song Jin-young with a puzzled expression.
Although it wasn’t a rumor he started, it was because of him that the rumor spread.
“Do you think I have nothing to say to you? f*ck! Something huge is happening right now! Who did you steal it from? “What are you going to do with that?”
Song Jinyoung, barely able to catch his breath, gritted his teeth.
“If you don’t know what’s going on, just shut up and sit still.”
The current situation was also difficult for Lee Gyeong-jeon.
“So you know how things are going?”
Song Jin-young, who was looking at Lee Gyeong-jeon’s expression, burst into laughter.
“At least I’m better than you in that regard. If you don’t know, just stay still. At least you won’t take any damage. “Don’t disturb the team.”
“what? You were the one who stole the team’s business plan. “You’re a hindrance to the team!”
Gyeong-jeon Lee shouted, and Jin-young Song could be sure.
He said he was really angry that the team’s business plan had been stolen.
“It’s an order from the team leader.”
“what?”
Lee Gyeong-jeon made a dumbfounded expression.
“Okay?”
“… Unless the team leader is crazy, there is no reason to give such an order!”
“of course. “The team leader is not crazy.”
“what?”
Song Jinyoung frowned.
“He’s a really scary person.”
someone was caught in a trap
A handsome middle-aged man with curly gray hair.
Kim Cheol-su looked at him and bowed his head deeply.
“Nice to meet you. “This is Kim Cheol-soo, Deputy Manager of Hanyoung General Trading Company.”
“Nice to meet you. “This is Vice President Jang Sam-dong.”
At Ahn Jung-gyu’s request, Lee Jun-hak connected Kim Cheol-soo and Jang Sam-dong.
Jang Sam-dong smiled and shook hands with Kim Cheol-soo.
The first time I heard about Kim Cheol-soo was through his son-in-law, Lee Jun-hak.
‘This is the guy my son-in-law was talking about.’
When Lee Jun-hak brought up the story about Kim Cheol-soo at the Vice President’s celebration party, Jang Sam-dong nodded but did not really believe it.
but.
When I met him in person now, I could see that he was a solid person, even though he looked like he was in his mid-20s.
It was hard to believe that someone with such great ability graduated from a local university.
He became the son-in-law of the Choi family, which controls the Hanyoung Group, and recently attended a charity party where America’s richest people gathered.
Jang Sam-dong had no choice but to change his mind.
“I heard a lot of stories from Junhak. “Whenever the story comes out, it’s full of praise.”
“Haha, thank you.”
“I ended up going to another company on my own because of Deputy Director Kim.”
Kim Cheol-soo responded to the question with a subtle smile.
“Manager Lee is a boss I really love and respect. “If he had known that the vice president was my father-in-law, he would have held me by the crotch of my pants and kept me from going to another company.”
Jang Sam-dong, who stopped, burst into laughter.
‘I definitely know how to treat people.’
Banks and companies have a mutually beneficial relationship.
Banks invest a lot of money in companies and earn a lot of interest.
Companies expand their business through bank money.
As the company grows, the bank invests more money, and as this relationship continues, the two eventually enter the path of symbiosis.
The bank, of which Jang Sam-dong is vice president, has never had any dealings with Hanyoung Group until now.
This was because there was no room to join hands with other companies to clean up the mess of companies that failed during the IMF, and now they are slowly recovering.
Jang Sam-dong, who is aiming for the head of the school, recalled what Lee Jun-hak said.
– Hanyoung Group is tied to its existing business and cannot go beyond its limitations, but Cheolsu is different. If the Hanyoung Group grows, he will be at the center of it.
– ··· Does that mean that an individual’s ability is that much?
– It seems like we are looking at least 10 years into the future.
– Even 99% of smart economists cannot properly predict the future one year from now.
– different. If your father wants to become a branch president, I hope he will join hands with Korea-English General Trading Company… or, more accurately, Deputy General Manager Kim Cheol-soo.
– hmm···.
– Cheolsu already has deep relationships with some of the world’s leading businessmen. Don’t you know again? He also has a deep relationship with the president of a country.
Deep friendships with celebrities.
After a brief conversation, Jang Sam-dong, who took a sip of tea, changed the topic.
“Why did you meet me separately?”
General trading companies also have deep networks with the financial sector.
The more funds a bank with which it had a close relationship with had, the bigger the business could be built.
It is also involved in arms trading and national industries.
The same was true for Hanyoung General Trading Company.
However, due to large-scale apartment development projects, overseas resource development, and construction development orders, almost all funds from financial institutions in the network were used.
Therefore, it was believed that the possibility of the board of directors approving a new business with high risk was virtually low.
“We are trying to start a new business.”
“What kind of business is this?”
“It’s an IT business.”
“You probably know that the IT bubble burst in the U.S. not long ago and that most high-growth IT businesses failed in Korea as well.”
Kim Cheol-soo already knew that banks, which have to move large sums of money when making equity investments or lending to companies, are very conservative.
“··· I know very well.”
“If the new business we wanted to pursue was manufacturing, we would have reviewed it positively.”
Fall 2005.
Korea’s manufacturing industry was achieving unprecedented performance, and Jang Sam-dong’s words were reasonable enough.
And conservative does not only mean stability.
Any large company that everyone knows is attractive enough.
“We intend to do business together with Google.”
“Google…?”
Jang Sam-dong’s eyes widened slightly.
Jang Sam-dong, who saw a video of Kim Cheol-soo sitting with big names such as Bill Gates, Larry Page, and Steve Jobs at a charity party for the rich in America, did not think it was bragging.
However, since we have seen quite a few people scamming people by claiming that they will receive government support because they are relatives of powerful people, we needed more solid evidence.
“If there are objective contracts such as an MOU, we will consider them positively.”
“I have an appointment with Larry Page, one of the founders of Google, in person in a few days. “How about seeing it for yourself then?”
“··· Larry Page?”
“yes. “They are already in Korea.”
Jang Sam-dong was a little surprised, but did not show it.
If such a famous person came in, there would definitely be talk in the media.
“I’m a friend who doesn’t like to be bothered by things other than business. “He wore jeans and a hat and flew economy class.”
Jang Sam-dong and Kim Cheol-soo, who were nodding their heads, didn’t even realize that he had just read his expression and answered.
“Then we’ll have to postpone the real talk until a few days later. “I want to talk more while eating together.”
fantasy, modern,
