America's Road to Fame

Chapter 37 Seeing Gared Again

Although William Chen had completed other studies, Erica was still the same as before, teaching him from three o'clock in the afternoon until ten o'clock in the evening.

He feels that this is not bad now, he can use the daytime to deal with his company's affairs, and naturally, Erica will still live in the guest room of his house at night, although nothing happened to the two of them, but they can feel At this time, their relationship has undergone subtle changes from before.

However, after finishing the afternoon class today, William Chen did not have dinner with Erica as usual.Because Garrett asked him to meet again.

In fact, during this period of time, Garrett still tried to meet William Chen, but William Chen left New York for Silicon Valley because of the acquisition of Twitter, so Garrett was not able to meet him.

And now after Chen William returned to New York, Garrett immediately asked him to meet.William Chen knew that if nothing unexpected happened, he would still talk about Building 666.But he was rather curious, this time Garrett found him again, wondering if he had any new ideas.

Although it felt weird for two men to have dinner together, William Chen still went to the appointment on time in order to find out what new ideas the other party had at this time.

"William, I saw the report that you went to Silicon Valley to acquire Twitter this time, congratulations." At the beginning, Garrett said to William Chen in a rather gracious manner.

Of course William Chen would not be fooled by his attitude.Since he would behave like this, he would naturally have plans. William Chen decided to wait and see what happened to him.

"Thank you, Garrett. In fact, this matter is just a fluke. I hope this company can develop well in the future."

William Chen naturally wouldn't say too many real opinions, so he said in a perfunctory way:
"I'm just recently interested in the mobile Internet, and this company is quite famous, and I also use it, so I tried it, and I didn't expect the acquisition to be successful."

"William, I don't want to beat around the bush too much, so let's just tell the truth. This time I want to talk about my last proposal, which is that the Kushnar Group hopes to inject 666 billion US dollars into Building 30 for renovation. The reason why I The reason for making that plan is that after understanding that your economic situation is not very good, it is proposed that all of our Kushnar Group will invest in the shares.”

"But now through more understanding and your recent acquisition, I know that your funds are still beyond others' expectations, so I have revised the plan for this transformation, and I hope you can join in, and we will work together to convert the 666 The construction of the building is even more perfect.”

"Oh?" Hearing what Garrett said, William Chen became a little curious: "What is your current plan?"

"Now we welcome you to invest together to complete the renovation of Building 666. If you are short of cash, I can help you negotiate with the bank. I believe that your image is now enough for the bank to trust you. "

Garrett said excitedly: "I can accept that after the capital injection is completed, you can hold a maximum of 49.9% of the shares in the building. In fact, the shareholding ratio of both of us is basically the same. But the reason why I want to Think a little more, get the holding of the building, the reason I have explained to you before, after all, the Kushnar Group has to spend so much money to invest in the building, we need a guarantee, so I hope you can understand."

Only this?William Chen felt a little regretful, feeling that it was a waste of time to come here today.Not to mention that he is not so interested in real estate now, it is only because Building No. 666 is an asset left by his parents that he has not sold it.

Even if you want to invest in real estate, you won't do it at the moment when the subprime mortgage crisis is about to break out.According to Garrett's plan, he needs to spend nearly 13 billion dollars to invest in Building 666. Even if he can spend the money, the subprime mortgage crisis will come and the real estate will enter a cold winter, and his investment will immediately depreciate a lot.

And Gareth is so enthusiastic this time, it may not be because he really has good intentions.He kept saying that he could help him coordinate bank loans, but he didn't know his real assets. From his point of view, even if he got the funds, almost all of William Chen's assets would be mortgaged.

And when the Kushnar Group takes control of the building, if they play tricks and delay, William Chen's capital chain may be broken, and the situation after that can be imagined.With the tightening of lending by the bank and the recovery of loans, William Chen's shares could not only be forced to be sold to him, but may even be sold at a very low price.

"Garrett, I'm afraid I'll disappoint you." William Chen shook his head and said to him, "I'm not interested in real estate at all, and I'm not optimistic about the real estate market in the next two years, so I won't join you This plan, and will not agree to your proposal to rebuild Building 666, because now is not a good time."

Hearing what William Chen said, Garrett finally couldn't hold back any longer. He said angrily, "The real estate is booming now, and it's the best time to invest. If you really don't like the real estate market, then just put Buy your shares to me, William, and then we Kushnar Group will complete this project alone."

"That's also impossible, Garrett. I've said it many times. This building was left to me by my parents. I can't possibly sell it." After thinking about it, he said, "I advise you to Go find another building to complete your project, Garrett, if you want, I can buy back your shares in Building 666 right now."

In fact, what William Chen said was also to give Gareth the last chance.Because Chen William originally wanted to buy back 40% of the shares.

If those shares are still in the hands of the Andal Trust Fund, then the subprime mortgage crisis comes and the real estate market is in a cold winter. The trust fund is too ugly for its own book performance, and it is very likely that it will agree with William Chen to buy them at a lower price. shares.

It's like when they bought this part of the stake, they bought it for $16 million at an overall valuation of $6.4 billion.At that time, they are likely to get William Chen back a little bit, and 6.5 million will be able to get back the shares.

But Garrett's Kushnar Group bought the 20% stake for $8 million at an overall valuation of $40 billion.In this way, after the outbreak of the subprime mortgage crisis, it was naturally impossible for William Chen to buy these shares with so much money.

But if it is sold at a lower price, the Kushnar Group will suffer serious losses, which will affect Garrett's status in the family, so he is likely to die and not sell, delusional to survive until the crisis is over and the real estate industry recovers, so that It is not conducive to William Chen's smooth repurchase of these shares.

At that time, if Chen William still wants to take advantage of the crisis to get this part of the shares, he can only attack the Kushnar Group from other places, forcing their cash flow to be tight, and they must sell their shares to save themselves.William Chen really didn't want to do such a thing that hurt others and had limited self-interest, even though he didn't get along well with Gareth.Therefore, it is best to make it clear that the chariots and horses will not accept his proposal, and persuade him to find another building to implement that plan.

As for how much it would cost him to buy Garrett's shares now?Chen Weilian's plan was naturally to delay and let the other party divert his attention first. Anyway, the subprime mortgage crisis broke out in more than a month.If he moved quickly to buy another building, then the accumulated loan must be a lot, and Chen Weilian will be able to lower the price with him.If he hasn't bought another building, the situation can't be much worse, at least he won't bother him for a while.

However, in Garrett's view, Building 666 is really suitable for him, and he has already acquired 40% of the shares, and has studied the renovation plan for so long, how could he give up so easily.

Seeing that Garrett still held this attitude, William Chen didn't want to waste any more time with him.Hey, it's really hard to be a good guy. It's a matter of reducing his losses, and he got this result. If he didn't want to take the risk of losing his shares in the building, he would definitely agree to the other party's proposal. Let's see, when the subprime mortgage crisis comes, what will he do? What can be done.

Seeing Garrett's expression when he left, William Chen knew that this matter would definitely not be over like this, and the Kushnar Group would have follow-up actions.I have done all the gestures I should do. If they insist on jumping into the pit, there is nothing they can do.

……

"William, I saw the report. I didn't expect to see it for a while. You spent another $2 million to acquire Twitter. It's amazing. I registered a Twitter account earlier. I didn't expect you to become it now." Boss, this is so cool."

Ivanta has returned to New York, so the two of them can run together again in the morning.As soon as they met, Ivanta admired William Chen.

If William Chen's acquisition of the "New York Observer" just made her feel a little surprised, then his acquisition of Twitter this time brought Ivanta a shock.You know, that is an Internet company that has grown rapidly recently, and the company's valuation is as high as 2 million US dollars.

Although Ivanta has billions of dollars in assets in her own family, she also has the right to inherit more than 20 billion dollars in assets.But she is still only working in the family company at this time, and her personal assets are not high yet.

As for running this morning, she found two tall bodyguards following William Chen not far away. She felt normal. After all, William Chen's assets and reputation at this time were protected by bodyguards. very normal thing.

Just like her, Central Park is one of the safest areas in New York and even in the United States, so she doesn't need to bring bodyguards when she runs in the morning. If she goes to other places, she will also bring bodyguards.

"To be precise, I bought 1.7% of Twitter's shares for US$85 million, but I will invest US$5000 million for the company's future development, so it's about the same." William Chen finished correcting and started Jokingly: "As a friend, if you can tweet more in the future and help me attract more users, I will be grateful, Ivanta."

(End of this chapter)