Super Tycoon
Chapter 286 North American Zhiduoxing Investment Company
"Registered company? What project do you want to operate?" Lawyer Billy sat opposite Zhang Yang.
Although this is not his main business, it is not impossible to do it. If he introduces a friend to help, he can also make some money and continue to maintain a relationship with this big client.
The company's legal issues have to be handed over to his law firm, right?
"Investment. This company does nothing else but invests in other companies, holds shares in some companies, and also invests in some stocks and other financial products in the stock market. What procedures are required?"
"It's just that, it's very easy. I introduced a company that specializes in helping with these things. The fees are not expensive, and everything can be done in tens of thousands of dollars."
Zhang Yang looked at Billy: "I'll let you handle the company's legal issues, and follow the standards of your peers, okay?"
"Yes, of course, thank you, Mr. Zhang."
A week later, the North American Zhiduoxing Investment Company was successfully registered. The registered capital of this company is 100 million U.S. dollars, but it actually holds more than 300 million U.S. dollars in assets.
Holds about 42% of SanDisk's stock and only 34% of the voting rights. Holding 60% of Blizzard Entertainment's shares, the voting rights are only 30%, and the management rights are in the hands of the two founders, Alan and Mike.
Holds all shares in a small game production company renamed Nostalgic Games, which owns all the game copyrights of Atari. It holds 49% of the shares of ID Engine Company and 51% of the shares of Valve Corporation.
Finally, there are some shares held in two companies, one called Microsoft and one called Yahoo.
Among them, the most valuable at present is the stock of SanDisk, followed by the equity of those game companies. Although the equity of some companies did not reach Zhang Yang's goal, it didn't matter, he would make the heads of those companies obedient.
If these game companies are integrated, they can actually be regarded as the top three game companies in North America. Because except for EA in North America, other game companies are currently very average.
And Zhang Yang has also obtained many precious game copyrights, although most of them may not be released on Zhiduoxing G, but it allows Zhiduxing to take the lead in computer games.
In the future, computer games will become very popular, especially Internet games. This is probably something companies such as Nintendo did not expect.
At that time, the profit margins of game console manufacturers fell sharply.
On the contrary, the profit margins of game companies are rising. The cost of developing games is much lower than the cost of making game consoles.
The development cost of many once-popular games was only hundreds of thousands of dollars or even lower, and the profits obtained were tens or even hundreds of times.
This is why the former Sega dared to abandon the game console business and focus on the development of game software.
The transfer of these shares will also take some time, and Zhang Yang has been in the country for a long time, so it is difficult to take care of it here, so a few people are needed to support the stall here.
Ordinary employees are easy to find. There is never a shortage of job seekers here in New York, but it is more difficult to recruit two vice presidents.
The two vice presidents can check and balance each other, so they won't come up with something tricky and cheat Zhang Yang's money. But after interviewing several people, Zhang Yang was not satisfied.
Some resumes are very beautiful, but after chatting, I found out that the other party's resume must be fake. If they are so capable, why can't they find a job and come to interview for this low-paying position?
Some have no work experience yet, even though they graduated from prestigious schools, they can't just become vice presidents, right? Others have some stains. Although they said that they were wronged, Zhang Yang didn't have time to investigate, so he couldn't believe it.
Fortunately, when his visa was about to expire, he found two suitable ones.
One is a senior manager who worked in the Bank of America. He left the job and failed to start a business. He lost money on two consecutive investments, and his word of mouth deteriorated.
The other party was only willing to sign a three-year contract, and Zhang Yang readily agreed. The ability is good, and it doesn't matter if you don't have a sense of belonging to the company. In the future, try to give a little equity incentive, maybe you can stay. Even if he had to leave at that time, Zhang Yang would have plenty of time to recruit another one.
The other is because his wife was seriously ill, and he resigned to take care of his wife. It was not until his wife passed away last month that he came out to look for a job again. His last work experience was as a game development director at Activision, and he was also the veteran who helped Activision get out of the quagmire.
His personal philosophy conflicts with Activision's business philosophy, so he is unwilling to go back. However, EA company interviewed, and the salary given by the other party was too low, so he chose North America Zhiduoxing Investment Company, and vowed to make some achievements, so that those who rejected him would regret it.
...
"You said that a North American smart multi-star investment company popped up in New York? Is it the smart multi-star investment company I know?" EA CEO Bob looked at his subordinates.
"Yes, the owner of the company is Yang Zhang. He spent hundreds of millions of dollars to acquire the equity of several game companies, as well as the equity of SanDisk."
"It's just because he won't be in the United States for a long time, so he didn't serve as the executives of those companies, but appointed the executives of the North American Zhiduoxing Company to concurrently serve."
"The Edson who came to our company for an interview some time ago became the vice president of North American Smart Star Company? He also served as a director of other companies?"
"No wonder I called Edson personally later, and he also refused. He has several jobs and can get a higher salary than we give."
For every additional position, there will also be an additional salary. Zhang Yang’s salary is not high, but as a company representative and concurrently as an executive of other companies, he must get the salary of the corresponding position.
These positions should have belonged to Zhang Yang.
It is precisely because of this that Zhang Yang was able to recruit these two talents. Otherwise, with the annual salary he offered without equity incentives, it would be strange if others would agree.
"Mr. Bob, the funds of Zhiduoxing Company are more abundant than we imagined. Their company is worth at least 300 million U.S. dollars!"
Three hundred million dollars is not a small amount for anyone, even the top richest people at this time.
Bob also frowned: "Zhiduoxing's acquisition of equity in game companies and hardware companies in such a strong way is to make this industry bigger."
"But it's actually not us, but Nintendo that should be the most troublesome. Nintendo hasn't lost for many years. This time, they lost to Zhi Duoxing on the handheld. They will fight back soon."
"Speaking of the N64 launched by Nintendo this time, whose game console can be compared? There are also many interesting games in it, which can promote the sales of game consoles, especially because they have too many exclusive games."
Bob's headache is not EA's games, but the 3DO company they invested in. It seems that he wants to suggest to the shareholders again that the business focus of 3DO company must be shifted!
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