The Youngest Son Of A Rich Family - Chapter 123
[123] Venture spirit 1
When I arrived at the airport after barely stopping my father to see me off, an unexpected Oh Se-hyun was waiting.
“What are you doing here?”
“I’m sorry, man. Isn’t it the new car presentation in three days? Wouldn’t it be nice to see a new car launch?”
“no. Whether I see it or not, it doesn’t change anything.”
“Still, isn’t it the first car to come out with the HW name?”
The minivan that has been prepared since the days of Ajin Motors is just coming out. It’s an inertia that has nothing to do with the purpose for which I bought the car company. Nothing special.
It is at the turn of the new millennium that the reason for the acquisition is revealed and that reason becomes the slogan of HW Automobile.
Being reborn as a new automobile company in a new era draws attention and is symbolic.
“I thought it would be nice to get out of here for a bit. You may misunderstand that you are meddling as a major shareholder. Why don’t you go to the new car presentation, too? Leave it to the experts for now. Aren’t they the experts in Ajin Sunyang?”
“hate. take a look It is also necessary to show up from time to time and make them nervous.”
He knows the role of an investor or a shareholder much better than I do, so I didn’t say anything more.
“Have you talked to your true father?”
“DMC?”
“yes.”
“I didn’t even answer you, but will you do it to me?”
“Isn’t it more a friend than a son to confide in?”
“Your child… just noticed.”
Oh Se-hyun smiled and tapped my shoulder.
“Wait a little longer. I have a lot of will to do it, but I am more cautious because I am worried about the realistic possibility.”
“Please tell me, at least, that we should start by the end of this year. Wouldn’t it be better to move in as soon as you enter the building after finishing the preparations? When my father settles down, more people will come after him.”
“Don’t worry about it here, go and see your work. I’ve told you in advance, so there won’t be any inconvenience.”
I said I was going to cool my head, but I already know it’s not.
“yes. I will take it easy.”
I sent Oh Se-hyun, who was worried, back and got on a plane to New York.
* * *
“Dojuna!”
At the arrivals hall, I heard a voice calling my name.
“brother!”
Sang-joon hyung, whom I see after a year, has changed a lot.
The hair that had been dyed colorfully in fancy clothes for music was nowhere to be found, and it was a normal look with jeans and a shirt.
“what? Did you miss the music? Do you look like a criminal?”
“okay. Fucked. Hehe.”
The shy smile tells you that it’s not a joke.
“really?”
“Let’s talk about it slowly and go fast. Your mother is preparing a banquet to feed you. Force yourself to eat it all.”
When I entered the apartment where my mother and older brother lived, the smell of food filled me. My mother seems to have misunderstood something. I didn’t come back from living abroad, I came to New York from Korea.
However, the table was full of Korean food, including stew.
It is a table that reveals the feeling of regret for not being able to prepare a table for the younger son because he was taking care of the older son.
Even if it’s not your brother’s request, you should be grateful for this heart. He emptied everything and stroked his torn belly.
I only ate and slept all day.
When I adjusted to the time difference, I chatted with Sang-jun over a glass of wine.
“what? Have you given up on real music?”
“okay.”
“why?”
“There is only one thing I have realized in the past two years. I was just a spectator, not a lead or supporting character. Even as an extra, I couldn’t go on stage.”
“Is there any possibility?”
As he poured alcohol into the glass he was fidgeting with, Sang-jun laughed bitterly and shook his head.
“People who sing on the streets of New York with old guitars are better than me.”
“Hyung didn’t originally dream of becoming a singer. Wasn’t it producing?”
“therefore. You have to produce music through an instrument called a singer, but that’s not possible. I have some ears for music. That was all.”
“Then what are you doing now?”
“Do nothing. It’s all just hanging around here.”
It is sad to see one or two young people lamenting their lack of talent.
“How are you? You’ll see the end if you linger around. don’t be in a hurry It took me two years to realize my limits, so wouldn’t it take me two years to find new possibilities?”
Sangjun hyung looked at me and smiled.
“We should have been born out of order. It suits you better.”
* * *
“Wow! Howard. Look at You! What a gorgeous!”
It’s been a year or three since I haven’t seen you.
Rachel Arieff, who is older but more sophisticated, hugged me with her characteristic exaggerated look.
“So are you. How long are you going to be this cool?”
Rachel laughed with her mouth wide open at my compliment.
shit. Why do comments like this only come out to people I meet for work?
What should I eat for Min-young, who said we should meet once a month? The word comes first.
“What about James? You have a lot of complicated things in your head these days, so don’t do anything at all.”
“But you can’t play around with people who are busy. Just enough to keep your hair from rusting.”
He is the largest shareholder and the biggest player with over 2 billion dollars, but is it because he has been watching since he was 10 years old? Rachel treated me like an older sister.
“good. Shall we briefly brief the current situation?”
“Before that, let’s finish eating.”
After having lunch with salad and French fries at a restaurant in Manhattan, we headed to the headquarters of Miracle Investment.
Perhaps forever, Wall Street seemed difficult to adapt to.
This is where a completely different species from humans lives. So does Hollywood.
They have different ideas about money. earns a lot and spends a lot. It seems completely useless to my common sense, but they are full of elements that are so important.
It is the same with the vases and flowers that are scattered all over the pictures hanging in the hallway of the office.
Those paintings are genuine and are used as tools to enhance the dignity of the office and pay huge monthly rental fees to famous galleries. The vase is also the work of a famous artist, and the flowers are changed and maintained by experts every morning. You spend a lot of money on all of this.
At first glance, it’s crazy, but here it’s taken for granted. The reason is because of our customers.
The American upper class who can’t control the overflowing money.
What started to cater to their tastes has now spread to the upper class, even to the people who work here.
Oh, there are people of the same kind. That’s our aunt.
My aunt follows the American upper class in its entirety.
In the meeting room that Rachel entered, there was even a beam projector prepared for a very detailed and thorough report, not for a brief briefing.
After all, no matter what anyone says, I’m holding the life and death of these people, so I can’t be careless.
I opened my mouth after hearing about the investment so far and the future investment plan.
“Direct investment in dot-com companies is prohibited in the future. No matter how rosy the future looks, don’t trust them. Of course, don’t trust your intuition and don’t trust the data.”
A dozen or so managers sitting in the conference room began to mumble.
Isn’t the Silicon Valley of the United States where the world’s money is now gathered? If you don’t invest there, you’ll be called an idiot on Wall Street.
Everyone flinched as Rachel glared at them fiercely when someone disagreed and flinched.
“When we invest directly in a company, we cannot decide when to exit. Don’t you learn in infancy that you shouldn’t get involved in games? We have to lead the game. Direct investing is the dot-com founder’s game. We only play on NASDAQ.”
“Wasn’t it Howard’s ability to earn high returns by investing directly before going public? Are you careful now?”
Rachel asked on behalf of everyone.
What should I answer?
Can’t you ironically answer that you saw a lot of money disappear into thin air when the dot-com bubble burst?
“What do you call it when you wrap something intangible with nice words, deceive people, and then make them pay for themselves?”
“Fraud?”
“Yes. Fraud… that’s what they call it differently these days.”
All eyes turned to my mouth.
“Venture spirit.”
The meeting room was as quiet as a rat.
“Even one cent is fine. Companies that generate actual sales Even if the performance is poor, you should invest in IT companies that provide specific services. Like Amazon, for example.”
Most seemed to know only about the existence of Amazon. However, there was also a friend who was strong in details.
“Are you referring to the online bookstore on Amazon?”
“That’s right. Amazon.com.”
The friend who is strong in detail shook his head.
“If you are talking about Amazon, which was founded in 1994, the investment value converges to zero. Last year the company went public at $18 per share, but it closed at $1.96 on the first day of trading.”
“How do you know so well?”
When I asked in surprise, my friend who was strong in detail sighed and couldn’t lift his head, and the meeting room became a sea of laughter.
This sight made me laugh too.
“How much did you lose?”
When I finally stopped laughing and asked, Rachel spread her palms out.
“Five thousand dollars?”
Rachel shook her head just a little.
“Fifty thousand?”
Rachel nodded and said.
“Everyone said there was no possibility, but that friend eventually invested with his own money. In the end, he did not bear the damage. Kick kick.”
“It’s a pity. If it were me, I would have invested 10 times, no 100 times.”
It is still not too late. The stock price is still the same.
Realizing that I meant it, Rachel widened her eyes.
“Are you serious, Howard?”
“Sure. Amazon takes orders and delivers books. Even a very small amount of revenue is generated. It’s a simple concept, but it’s different from the blatant dot-com. The service concept is simple and easy to understand. The company is real. The rest is just a bubble.”
Why does everyone only realize this simple principle after paying huge tuition fees?
“Recover all money invested directly in dot-com companies after this time. Make a suitable excuse and accept a little loss. And we only invest in stocks of companies listed on NASDAQ. This is the first rule.”
“Is there a second one?”
Rachel had no doubts. She is the closest person to see the results I’ve shown so far.
“The second is that no matter how stormy the Nasdaq grows, it completely pulls out in the first quarter of 2000.”
“The reason is?”
“By then everyone will know.”
“You mean the venture is a scam?”
“Yes.”
The US Nasdaq Composite Index soars to 5,000 and then completely collapses. It is the gift of the new millennium.
Managers who had no way to know about this started to open their mouths with embarrassed expressions.
“But Howard. Investors won’t be alone. If we were the only ones who fell in love with the dot-com company investment, would we reap the investment? There are many other investors.”
“Then nail it down and invest. We invest because our customers want it. Let’s not forget to make sure we notice the danger.”
I wanted to see their skills when everyone exchanged bewildered glances.
“Now, let’s cover the jade. Among thousands of companies, who knows what the future Microsoft will look like?”
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