Rebirth of the Strongest Tycoon

Chapter 757 Hunting Target - Pharmaceutical Giant

San Francisco, also known as "San Francisco" and "San Francisco", is a port city on the Pacific coast of California, the United States. It is a world-renowned tourist destination and the fourth most populous city in California.

Xia Yu's North Star Capital is located in the southern part of the San Francisco Bay Area.

The San Francisco Bay Area is located around the San Francisco Bay at the mouth of the lower Sacramento River. There are nine counties and as many as 101 towns. The main cities include San Francisco on the San Francisco Peninsula, Oakland in the east, and San Hexi in the south. Silicon Valley is located in the San Francisco Bay. South of the district.

The high-tech companies that exist in Silicon Valley and will appear in the future are exactly the hunting targets of Xia Yu. It would be better to set up the company here!

New companies generally keep things simple.

But Xia Yu is not bad at all, and it is very cost-effective to buy property in the San Francisco Bay Area. Therefore, Polaris Capital owns an office building of its own. The building is 30 stories high. .

All this was done by Peter Lynch, a subordinate sent by Xia Yu when he was in New York.

When in New York, through Ray Dalio and Julian Robertson's list of financial elites on Wall Street, Xia Yu combined his past life memories and poached Peter Lynch from Fidelity Fund Management Company.

Born in 1944, this middle-aged 36-year-old Sven is the manager of a Magellan Fund under the Fidelity Fund Management Company. He has just been in office for more than two years and is not yet the world's top ten most famous investment masters One of the great people, he can only be regarded as a small celebrity in Wall Street where predators gather and elites are everywhere.

In his previous life, Peter Lynch was a well-known master on Wall Street. Since 1977, he has been in charge of the Magellan Fund for 13 years, from the initial $20 million to $14 billion, becoming one of the largest assets under management in the world at that time. The largest fund, and also ranked first in investment efficiency, with an average compound interest rate of return of 29% over 13 years.

It's a pity that in his previous life in 1990, Peter Lynch resolutely chose to retire at the peak of his life and devoted himself to education.

For such a person who doesn't care about money, Xia Yu really put a lot of effort into digging him up. Fortunately, he has the memory of his previous life. He knows Peter Lynch in detail, and he succeeded in talking about him three times in the evening. Dig in hand.

After digging, he sent Peter Lynch to San Francisco to build Polaris Capital Management.

Because Peter Lynch had only been here for less than ten days, and it took some time to buy the building, there was no time to fill the company.

When Xia Yu came to the company following the address, the office area was still very empty, and there were not many people except for the neatly arranged desks.

When seeing Xia Yu's arrival, a white young man came over to ask the situation: "Hello, may I be able to serve you?"

Xia Yu looked at him with a smile, did not reveal his identity, but asked, "Hello, what about Manager Peter Lynch? I spoke to him on the phone before I came."

The white young man was stunned for a moment, and then said, "The manager is interviewing candidates upstairs, please come with me!"

"OK, thanks!"

Soon, Xia Yu went upstairs with the white youth.

The upstairs is not as large as the downstairs, but is divided into rooms. Along the corridor, Xia Yu passed a large conference room and saw a group of applicants in suits and leather shoes sitting quietly, but the place for the interview. It was diagonally opposite, and a beautiful blond white woman was waiting in front of the door.

The white young man walked over and said a few words to the blond white beauty. The blond beauty looked embarrassed. At this moment, the person next to him opened up, and a young man who applied for the job walked out.

The young man was startled when he saw a bunch of people standing outside, but Xia Yu didn't have the heart to pay attention to him.

Not long after the blond beauty entered, Peter Lynch, wearing square glasses, walked out quickly. After seeing Xia Yu, he immediately bowed slightly and said hello: "Boss, you're here, I'm sorry to keep you waiting."

The white youth and the blond startled,

Say hello to Xia Yu immediately.

After Xia Yu responded one by one, he asked Peter Lynch, "Why do you need to interview in person, the manager of the personnel department?"

Peter Lynch said: "I haven't recruited a qualified personnel department manager yet, so I have to interview myself."

Xia Yu nodded slightly, thought about it, and said, "I'll tell you to interview with you next."

"Okay!" Peter Lynch responded.

After that, Xia Yu asked Li Wuming and others who followed him to wait beside him, he and Peter Lynch returned to the house, and the blonde beauty immediately went to notify the next applicant.

Throughout the morning's interview, Xia Yu watched silently most of the time, and he hardly expressed his opinions. He let Peter Lynch call the shots. It felt weird afterward.

In fact, Xia Yu was observing the level of the candidates.

There are many universities around San Francisco, including Stanford University, University of California, Berkeley, University of California, San Francisco, University of San Francisco, and Santa Clara University. Not very high.

After all, Polaris Capital is just a new company, which is not very attractive to senior talents.

At this pace, it will undoubtedly be difficult to build a team that satisfies him.

But now that it is March 1980, considering the target he wants to hunt, time has become short, and he must now build the company as quickly as possible!

At lunch, Xia Yu told Peter Lynch to stop applying for the job and go to Los Angeles with him first.

Early the next morning, Xia Yu brought Peter Lynch and others to the Korn Ferry International headquarters in Los Angeles, which is not only the global headquarters, but also the first office in North America.

Xia Yu was lucky. When he arrived, the chairman and chief executive, Richard Ferry, the largest shareholder, and Lester Cohen, the second largest shareholder, were all in the company.

When Lester Cohen came to Asia to open up the market last year, he came to Xiangjiang and met Xia Yu a few times, so he recognized Xia Yu.

After some warm greetings, Xia Yu began to learn more about Korn Ferry International, and found an opportunity in a small talk.

He previously bought a 25 percent stake in Korn Ferry from the OTC market for $25 million.

The equity was sold by Lester Cohen for US$4 million in 1972, so Xia Yu took over from another institution, and the US$25 million would naturally not enter the company's account.

In the past year, in order to cope with the competition from other rivals, Korn Ferry, the latest established company, had to expand aggressively, opening 38 offices around the world in one go. The expenses were huge and the company's funds were tight.

In addition, the severe domestic inflation in the United States at this time has affected all walks of life, and also affected the business of Korn Ferry.

As a result, the company was caught in a dilemma, with Richard Ferry and Lester Cohen struggling to hold off on expanding for the next two years and get through the tough times.

However, Korn Ferry was established at the latest. Since its establishment, in order to catch up with other peers, it has been the most radical and the fastest.

In the current market environment, Richard Ferry considers that not only Korn Ferry will suffer, but other peers as well, so he believes that this is a good opportunity to catch up, and wants to take the opportunity to make up the gap.

However, Lester Cohen considered that the risk was too great, considering that the funds were insufficient and the real conditions had not allowed Korn Ferry to expand in a big way.

Knowing this situation, Xia Yu found the two and proposed that he had enough capital to inject capital into Korn Ferry.

Richard Ferry and Lester Cohen did not agree at first, but two days later, Richard Ferry, who holds 49% of the shares, persuaded Lester Cohen to agree to Xia Yu's proposal. Capital injection and share expansion.

Considering that a long-term and stable relationship is the most powerful for him, Xia Yu was not too harsh during the negotiation, and gave the company a high valuation of 130 million US dollars.

Around this time last year, Xia Yu was at a premium, and Korn Ferry's valuation was only $100 million. Now it has risen by at least 30% a year, which is definitely not a small amount.

Xia Yu once again invested 20 million US dollars into the company, and once again obtained 13.33% of the equity. In addition to the original holdings, his shareholding increased to 38.33%. The second largest shareholder of the company.

Richard Ferry's shareholding dropped to 4.29%, still the largest shareholder.

The original second largest shareholder Lester Cohen's shareholding ratio dropped to 21.38%, swapping positions with Xia Yu and becoming the third shareholder.

As soon as the contract was signed, Xia Yu immediately credited $20 million to Korn Ferry's account.

With huge sums in hand, Richard Ferry is in a good mood and can continue to expand the company.

And Xia Yu also took out a list of positions he asked Peter Lynch to list, and handed it over to Richard Ferry, asking him to do his best to recruit talents as quickly as possible.

The second-largest shareholder and big financier did have enough face. Richard Ferry immediately summoned a large number of senior consultants from the company. After brainstorming, suitable people were recommended one by one, and then began to poach people in a targeted manner.

Xia Yu and Peter Lynch are in charge of gatekeeping.

In this case, the talent of Polaris Capital fills at high speed.

Xia Yu took the time to decide the first hunting target.

This goal is the biopharmaceutical giant with a market value of more than 100 billion US dollars!

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