Reborn as a tycoon in Hong Kong
Chapter 40 Phil Smith
Chapter 40 Phil Smith
Out of courtesy, Lin Baicheng went to the airport to pick him up at around three in the morning when the American agent came to the door in person.
The employee of Galaxy Games in the United States is called Liu Shixiong. He chose his English name as Turner. He was an international student before and just graduated this year. Galaxy Games is a company where he officially entered the society.
Lin Baicheng initially shipped ten arcade machines to RB and the United States respectively. However, unlike Yamada Hideyoshi who kept running for agents, according to reports from employees sent to the United States, Liu Shixiong only took the arcade machines out when he went to Atari for the first time to seek agents. In addition, although he later said that he was going to the agency, he did not bring the arcade machine with him. The employees speculated that Liu Shixiong might have gone out to do his own thing.
Thinking that Liu Shixiong had just graduated, Lin Baicheng guessed that the other party might have regarded the work of Galaxy Games as too much, and then he was looking for his ideal job while receiving the salary of Galaxy Games, and went to interviews every day under the pretext of looking for an agent.
Based on this speculation, Lin Baicheng asked the two employees who went to Los Angeles to stay there, as if the company had sent them on a business trip.
However, before the agent arrived, Liu Shixiong did not sell any arcade machines. Every weekend, he would take two employees to large arcade stores to sell arcade machines, so he sold seven machines.
Because Lin Baicheng only shipped ten machines at the beginning, Liu Shixiong also contacted Xiangjiang to send more goods, but Lin Baicheng rejected it because he had decided to participate in the Los Angeles trade fair in October and waited for him to go there. When we fired this Liu Shixiong, we never thought about relying on Liu Shixiong to open up the market.
Although an American agent came to Xiangjiang in person this time, Lin Baicheng was still not prepared to keep Liu Shixiong because Liu Shixiong's previous performance made him very dissatisfied, and he would not let such a person stay in the company forever.
The American agent from Los Angeles is called Phil Smith. He is a young man in his twenties, who looks no older than thirty. Judging from his temperament, conversation and other behaviors, he is probably a rich second generation. Three generations of rich people.
In addition to Liu Shixiong, a lot of people came from Phil Smith, including bodyguards, lawyers, and a translator.
At the airport, Lin Baicheng just exchanged polite words with them and sent them to the hotel to rest. Because I didn’t expect so many people from Phil Smith and his entourage to come, we had to temporarily open a few more hotel rooms.
Phil Smith and his group needed to get off the jet lag and rest, so Lin Baicheng sent them to the hotel and went back to sleep.
At noon, after the two parties had dinner together, Lin Baicheng took Phil Smith and his party to the factory. He first showed them around for a while and then talked.
Out of distrust and dissatisfaction with Liu Shixiong, Lin Baicheng sent him home directly and gave him a holiday. After all, he was also from Xiangjiang. As for the translation issue, Lin Baicheng hired a professional translator yesterday.
In the factory office.
On the Galaxy Games side were Lin Baicheng, Liu Yihui and a translator, while on Phil Smith's side were himself, a lawyer and a translator, the same three people. As for Phil Smith's bodyguard, he went downstairs and waited.
After some polite remarks, let’s get down to business.
Phil Smith said: "Mr. Lin, I came to Xiangjiang this time to buy shares in your company. I have some connections on Wall Street. As long as the company operates well, it is possible for the company to be listed on the US stock market in the future."
"I'm sorry Mr. Smith, I have no idea of bringing in capital for the time being."
Lin Baicheng immediately shook his head after hearing this. He didn't have to be 100% in control of his company. He didn't mind others buying shares in his company, nor did he mind letting the company go public, but the timing had to be chosen right. Galaxy Games has just begun to develop. At this time, letting people buy shares is purely to share their own interests. He is not that stupid.
Phil Smith was not surprised when he was rejected, but said: "Mr. Lin, I think you can listen to my offer first."
"Mr. Smith, I don't think your offer satisfies me."
Lin Baicheng shook his head, but he said so, but he still didn't mind hearing Phil Smith's offer.
"No, Mr. Lin, you will be satisfied."
Phil Smith raised his index finger confidently and said: "For $10 million, I only need 20% of the company's shares, which means I will value Mr. Lin's company at $50 million."
Listening to the trembling voice of the translator, Lin Baicheng shook his head and said: "Mr. Smith, I said that your quotation cannot satisfy me. To be honest, my company has signed an exclusive agency contract with RB's Taidong Co., Ltd. Contract, our first order sold for more than ten million US dollars, Mr. Smith, do you still think I will accept your offer?"
"Sorry, it seems I didn't investigate clearly."
Phil Smith didn't think Lin Baicheng would lie about this kind of thing, and he indeed didn't find any of this. He just checked the approximate orders of Galaxy Games in Hong Kong and Southeast Asian countries, so his valuation of US$50 million is already very high.
"Mr. Lin, for US$20 million, I still only want 20% of the shares."
Phil Smith directly doubled the valuation of Galaxy Games. In his opinion, the orders from Galaxy Games and Taitung Co., Ltd. have made Galaxy Games millions of dollars. This is just RB, the United States and Europe. Before the country was taken into account, he actually wanted to invest in the company Galaxy Games.
"Mr. Smith, you don't have to bid anymore. No matter how much you bid, you can't satisfy me."
Lin Baicheng waved his hand, not wanting to talk about this topic any more, so as not to make the conversation unpleasant, he changed the subject and said: "Mr. Smith, let's talk about the game "Xiangjiang Cube". This time you come to Xiangjiang to see me, you should Do you have any idea of distributing this game?"
"Mr. Lin, I know that you must have a valuation for your company. Please tell me. If I can accept it, then please let me invest in your company. I am really optimistic about your company. If I cannot accept it, , then I have no choice but to give up, what do you think?"
Phil Smith didn't want to give up just like that, because he was optimistic about the gaming industry before entering this industry as an agent. If Atari had not been sold to Warner, he would actually want to invest in Atari.
Unfortunately, just last year, Atari was sold to Warner with a market value of less than 30 million U.S. dollars, but it received 100 million U.S. dollars from Warner for research and development. Therefore, Phil Smith initially thought that he had opened a The price was already very high, but I didn’t expect that Galaxy Games and Taitung Co., Ltd. had already signed an exclusive agency contract, and the first order was worth tens of millions of dollars.
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