Chapter 384 Global initiative to send money (7K chapter, please subscribe~)

   Within two days, it is naturally impossible for Chu Huan to wait for Jerry Kohlberg all the time. Chu Huan carefully checked the information sent by Linda in the hotel.

   And during this period, all the newspapers on the market that can be bought on Wall Street.

   This is Chu Huan's habit. It was like this when he first entered the Xiangjiang business circle, it was like this when he was in Japan, and it's like this in North America now.

   Only by being very familiar with the market in this place can Chu Huan complete his plan with fewer mistakes.

   But there is an advantage in North America, that is, Chu Huan does not need to find an interpreter.

Two days passed in a flash. Just when Chu Huan thought that Jerry Kohlberg was about to give up his cooperation and that Chu Huan was going to do it himself, Jerry Kohlberg came to Chu Huan's residence. hotel.

  Jerry Kohlberg not only came by himself, but also brought two white men in their thirties.

   "I thought Mr. Kohlberg wasn't going to come over!"

   After Chu Huan invited Jerry Kohlberg into the living room, he spoke with a smile.

  Jerry Kohlberg also laughed: "It always takes some time to resign!"

In fact, it took only one night for Jerry Kohlberg to decide to join Chu Huan's plan, but Jerry Kohlberg also understands that if they want to complete this plan, they still need some traders to do it. thing.

  So Jerry Kohlberg recruited two of his own very optimistic subordinates, Henry Clivey and George Roberts.

  After hearing Jerry Kohlberg's introduction, Chu Huan smiled and shook hands with the two.

"Guys, I will leave the specific operations here to you. I have already opened a company account with American Express, and I have deposited 54 million US dollars in it. In the next period of time, Jerry and I will give you money at any time in Los Angeles. The two convey our instructions, and you two only need to ensure that the traders of American Express follow our requirements.

  In addition, this Mr. Qin Peng is the one I stayed to assist you in doing this together! "

  In another time and space, Henry Clivey, George Roberts and Jerry Kohlberg co-founded KKR. In fact, these two people can also be called Jerry Kohlberg's apprentices.

The leverage model was pioneered by Kohlberg. In the mid-1960s before founding KKR, Kohlberg noticed that many successful family business owners were willing to sell their business shares due to their advanced age, but hoped to avoid tax reasonably. and retain family control.

  There were only two ways to do this at the time: (1) go public; (2) sell the business to a large company.

  But family business founders are usually unwilling to go public. They don’t want to hand over the business they have worked so hard to create to thousands of external investors who they don’t understand and are not interested in the long-term operation of the company, nor are they willing to sell the company to a large company.

To this end, Kohlberg designed a leveraged buyout model, that is, selling most of the shares of the family business to an investment group composed of equity investors. The family still holds part of the company's shares, and the investment group also agrees that the family continues to operate the company. company.

  Because the acquisition funds of investment groups come from debt, that is, leveraged loans, the proportion of corporate debt is relatively high, and the pressure on the operator is greater. They must strive to improve the cash flow of the company in order to repay the debt.

   In 1965, Kohlberg realized the design for the first time.

  He organized an investment group to bid 9.5 million US dollars to buy most of the equity of SternMetals. The actual investment was only 500,000 US dollars, and the rest was borrowed.

  The founder of the company is 72 years old, and the family still holds a small share of the company and continues to operate.

  The family was so successful that 4 years after the leveraged buyout, investors received cash from the company not only to pay off the loan but also to sell their initial investment of $500,000 to the public for a total of $4 million.

  Due to this success, leveraged buyouts have completely entered the vision of Wall Street. In the 1970s, leveraged buyouts had become a way for many family businesses to achieve profitability.

  Kolberg sees leveraged buyouts and management buyouts as an excellent business development opportunity.

  At that time, famous Wall Street investment banks such as Goldman Sachs, First Boston, and Merrill Lynch did not pay attention to this business area.

  In addition to traditional businesses such as securities underwriting, they mainly play the role of independent financial advisors for one party in the M&A transaction. They do not invest capital themselves, nor participate in the restructuring of the equity structure and governance model of the acquired company.

  In order to seize this opportunity, Kohlberg, who is 50 years old this year, joined forces with Henry Clivey and George Roberts this year to create a partnership specializing in leveraged buyouts and management buyouts.

  George Roberts is 29 years old this year, but money is still relatively tight, and he has no capital to start a company as a partner. However, he is already a junior partner of Bear Stearns, and his future is limitless.

  Henry Clavier's family is relatively well-off, but his father is unlikely to support him.

  The two young people are very satisfied with their current situation and future in Bear Stearns, but they lack confidence in realizing Kohlberg's leveraged buyout idea and are worried about failure.

  Jerry Kohlberg brought them this time, in fact, he used this opportunity to cooperate with Chu Huan to let them see more hope.

  Although it was not a leveraged buyout, Chu Huan was already capital in their hearts at this time, and Jerry Kohlberg wanted to let the two see his power in front of capital.

In another time and space, because there was no Chu Huan, Jerry Kohlberg decided to pay the $120,000 required to register the company in order to persuade Henry Clivey and George Roberts to join. 100,000 US dollars, but he himself only holds 40% of the shares. Henry Clivey and George Roberts only need to contribute a symbolic 10,000 US dollars each, each holding 30% of the shares.

Not only that, Jerry Kohlberg also lent George Roberts 50,000 US dollars as living expenses. At the same time, he also promised Henry Clivey and George Roberts that their salaries would not be less than 50,000 US dollars per year in the first few years of the company's operation. In order to relieve the worries of the two people.

  Finally, George Roberts, encouraged by his wife, agreed to resign from Bear Stearns.

  Henry Clivey finally reluctantly agreed to join the group.

  It is a pity that when the time came to the 1980s, Jerry Kohlberg left the company for a period of time due to physical reasons. When he came back, he found that his right to speak within the company had disappeared.

  Henry Clivey and George Roberts, two young men brought into this industry by him, continue to lead KKR forward,

  KKR later became one of the most successful industrial investment institutions in financial history, and one of the world's oldest and most experienced private equity investment institutions.

  By the way, KKR also invested in Haier in the next century.

  Henry Clivey and George Roberts are both low-level partners in Bear Stearns, and they must have a lot of funds to operate.

   But now I can’t help but be surprised to see an oriental man in his 20s who took out 54 million US dollars at one time.

   Seeing the expressions of the two, Jerry Kohlberg was also satisfied. Although Jerry Kohlberg didn't necessarily know what borrowing arrows from straw boats was, what he was doing now was just such a thing.

  He hopes that with the help of Chu Huan's financial resources, Henry Clivey and George Roberts can see the relationship between themselves and capital, and then believe more in what he said before about establishing their own company.

   "Don't worry, Mr. Chu, but before that, we still need it." Henry Clivey said with some embarrassment.

   They came here this time because they were lobbied by Jerry Kohlberg, and they haven't resigned from Bear Stearns, which means they can't help Chu Huan yet.

   Before Henry Clivey could finish speaking, Jerry Kohlberg had already helped Henry Clivey out of the siege.

   "Henry and George are junior partners of the company, and the resignation procedures are a bit complicated and haven't been completed yet."

   Speaking of which, Jerry Kohlberg glanced at Henry Clivey and George Roberts, and the two told Jerry Kohlberg that he joined!

  Receiving the eyes of the two, Jerry Kohlberg immediately said to Chu Huan: "It only takes one day, and the two of them can officially leave Bear Stearns after one day."

Chu Huan noticed the look in the eyes between the three of them, but he didn't care. Since there is no conclusion on the matter of recruiting Jerry Kohlberg to the Jiaku Consulting Company under his command, let's do this matter first. Let's talk later.

   "It's just right, I also need to explain to American Express, then we will officially start the operation the day after tomorrow."

   The three of Jerry Kohlberg naturally have no problem.

   "After this matter is completed, Henry and George will each have a 1% profit share. I hope that the two of you can take this matter seriously."

   Money is the most touching thing. Even if the income this time is only 10 million US dollars, each of them can get 100,000 US dollars.

   This is already a huge sum of money for Henry and George.

   As for Jerry Kohlberg's dividend, it is naturally the 3% that Chu Huan said before!

  Hearing this dividend, Henry Clivey and George Roberts were naturally happier.

  As long as you are happy, even if you cannot recruit the three of you, it is good to invest in your company now!

  Of course, this is just a solution after there is no other way. After seeing Henry Clive and George Roberts, Chu Huan even had other ideas.

  If Jerry Kohlberg is obsessed with starting a company by himself, he can even poach his corner and drag Henry and George over.

  As long as the **** dances well, there is no corner that cannot be pried away.

  The next day, Chu Huan invited Linda to the hotel where he was staying.

  Chu Huan did not use his personal account to operate in New York this time, but chose to do it in the name of Beihai Investment.

  Since Beihai Investment caused a certain degree of panic to many listed companies in Xiangjiang before Beihai Investment, it is time for listed companies in North America to feel the taste of fear.

   The specific operator must be someone from American Express, but Chu Huan still needs someone who is obedient in this matter, just like Chu Huan used Kelly.

  Chu Huan only needs to let the trader follow his instructions perfectly and foolishly operate. Henry and George are the ones who help Chu Huan keep an eye on them.

   And Qin Peng is responsible for keeping an eye on these two people, and can't let them escape.

  $54 million is not a small sum!

  Chu Huan took all the profits from "Fantasy Comics" for the entire April.

  With Linda's assistance, there is naturally no problem with this matter.

  After sending Linda away, Jerry Kohlberg came to the hotel first. This time, Chu Huan didn't talk nonsense, and directly handed some of the information he had sorted out to Jerry Kohlberg.

   "Here are some goals I have sorted out in the past three days. You are more familiar with the situation in North America than I am. Let's see which companies are inappropriate!"

   This is the first time for Jerry Kohlberg to experience Chu Huan's work style.

   Act vigorously and resolutely!

  But Jerry Kohlberg is also a person with such a personality. He couldn't understand that two people are obviously working together to do things together. As long as the interests are right, they can do it. Why are there so many pleasantries before doing things?

  If Chu Huan knew Jerry Kohlberg's thoughts, he would definitely tell him that maybe some people like plots!

  Chu Huan is only like this when he is working. For other things, Chu Huan not only likes to have plots, but also likes to have subtitles!

   No nonsense, Jerry Kohlberg immediately began to seriously check the information Chu Huan handed over.

  When he looked at several companies, some different emotions immediately rose in his heart.

  Before this, although Linda introduced Chu Huan, Jerry Kohlberg still had doubts about Chu Huan's ability.

   After all, Chu Huan succeeded in Xiangjiang, not in North America.

  He doesn't think Chu Huan can adapt to the situation in North America.

   But after reading the information of several companies, he realized that Chu Huan is really good at sniping in the stock market, and the company he chose is definitely the most suitable for sniping.

   Except some.

"This company is not good. The founder Carter's physical condition has not been very good, and his descendants don't like his company very much. If we make a move at this time, I am afraid they will easily push the boat along and directly sell the company's shares. Sell ​​it to us!"

  Jerry Kohlberg took out the information of an agricultural machinery manufacturer and handed it to Chu Huan to give a lecture.

  Chu Huan nodded, and threw it aside without looking again.

  There are many companies I have selected, and what I have to do now is subtraction, so Chu Huan doesn't care about the company that was eliminated.

  Jerry Kohlberg continued to help Chu Huan with sitting subtraction.

  Occasionally, the two have some exchanges, but more often they choose the company they need to operate.

   It took a whole day, and the two finally selected ten companies. Of course, it is impossible for Chu Huan to search all ten companies.

   As long as there is a repercussion on such things as sniping in the stock market, these companies will soon notice their own situation, and then change their company's shareholding structure.

  At that time, it was basically impossible for Chu Huan and the others to make any moves.

  In addition, if this kind of thing is done too much, it will inevitably lead to hatred, and even be backlashed, so these ten companies are only the primary selection, but not the final selection.

  In the evening, Henry Clivey and George Roberts also came to the hotel where Chu Huan was staying.

   "Tomorrow I will take Jerry to Los Angeles. As for the matter here, I will trouble you two!"

  The matter of taking Jerry Kohlberg to Los Angeles was something that Chu Huan had already discussed with Jerry Kohlberg before.

After arriving in Los Angeles, Chu Huan still needs to deal with Vertex Pictures and Universal Pictures because of the promotional work of "Jaws". Although it is only behind the scenes, Chu Huan will definitely be very busy. At this time, Jerry Kohlberg You can take your place and communicate with Henry and George very well.

I believe that according to Jerry Kohlberg's ability, some small problems can definitely be solved. If there is a problem that they can't solve, Jerry Kohlberg can tell himself about it as soon as possible !

  Henry Clivey and George Roberts heard that Chu Huan was not in New York at such a time, Henry Clivey couldn't help asking.

   "Mr. Chu, this is a 54 million business, and even more in the future, why don't you stay here?"

   Naturally, it is because the business in Los Angeles has also made money, and it is a business worth hundreds of millions of dollars.

Chu Huan said with a smile: "Since Jerry was able to bring the two of you, it means that Jerry believes in the abilities of the two of you very much, and there is an old saying in our Hua country that people are not suspicious, since I have invited the two of you, naturally Just trust the two of you!"

  Henry Clivey and George Roberts were quite moved when they heard what Chu Huan said.

  Henry Clivey said seriously: "Mr. Chu, please rest assured, we will not let you down!"

  Jerry Kohlberg's ability lies in leveraged buyouts, not in personnel affairs. Otherwise, when Jerry Kohlberg heard Henry Clivey say this at this time, he must be beating his heart!

  Next day!

  Chu Huan left Qin Peng in New York, while he flew to Los Angeles with four other bodyguards and Jerry Kohlberg.

   But it was not Kai Li who came to pick up Chu Huan, but Yuan Hua and Lin Zhengying.

  Because Li Xiaolong was different from another time and space and did not die, Yuan Hua and Lin Zhengying naturally did not join the Hong family class, but followed Li Xiaolong to Hollywood.

  Looking at the two of them, Chu Huan couldn't help thinking, if the two of them had been developing in Hollywood, wouldn't there be Uncle Jiu and Sheng Beach's charterer who shocked the zombie world in the future?

  As for why these two people came to pick him up, it was because Chu Huan didn't want Jerry Kohlberg to know about his relationship with Kelly.

   After all, I am not my own person, so there is no need to know so much!

   "Young Master Huan, the hotel has been booked for you, let's go there now!"

  Yuan Hua preached to Chu Huan with a bright smile.

   Lin Zhengying talked to Chu Huan on the other side: "Brother Long has a scene to shoot, so it's really hard to make it through, but Brother Long said, he will go to the hotel to find you after he finishes filming!"

  Chu Huan smiled and said, "Don't worry, I have other things to do on my side anyway!"

   They got in the car and went to the room that had already been booked.

"Jerry, this will be your office from now on, because I have some personal things to do in Los Angeles, so sometimes I won't stay in the hotel, but don't worry, I will come over every day to discuss with you about New York. In addition, Fu Hai is with you, if there is anything urgent, he will notify me as soon as possible."

  Fu Hai is one of the five bodyguards beside Chu Huan. He is also thirty years old and came from his hometown. According to Lin Feng, this is the King of Soldiers!

Jerry Kohlberg didn't have any objection to this. He usually comes into contact with a boss of Chu Huan's worth. He knows that a person like him must have a lot of things to deal with every day, and it is impossible to focus on this. on one thing.

   Moreover, Jerry Kohlberg has also seen in some materials before that Chu Huan has a very good relationship with Bruce in Hollywood. Now it seems that the other party's film company in Xiangjiang still has not given up on the North American market.

   "Okay, if there is anything here, I will let Mr. Fu Hai contact you as soon as possible!"

   After bidding farewell to Jerry Kohlberg, Chu Huan came to Vertex Pictures and saw Kelly who was already waiting for her here!

   "How are things going in New York?"

  After meeting Chu Huan, Kelly asked Chu Huan concerned.

"It seems to be going well now." Sitting on the sofa, Chu Huan asked Kelly in a deep voice, "Let's talk about Universal first? Didn't they agree to promote "Jaws" according to the A-level production specifications?" Is it? Why is there another moth now?"

Kelly showed a helpless expression, and said: "It is true that we have already negotiated and signed a contract with the other party, but after watching the sample of "Jaws", Universal is not very satisfied with this sample, and thinks This movie will not have a good box office revenue in the market, so they will discuss with us and want to reduce the promotion fee of this movie from A to B!"

   "Don't like this movie?"

  Chu Huan didn't know what to say. He didn't know if Universal's executives had the same idea in another time and space, but now Chu Huan definitely couldn't accept such a downgrade.

   "However, the other party also said that if the movie is released and the attendance rate is high, they will be willing to increase the promotion level of the movie."

  Kelly continued to introduce the situation of Universal Pictures to Chu Huan.

  If this is the case, then Universal Pictures should simply not be optimistic about this movie.

  Chu Huan shook his head, not knowing what to say to the executives of Universal Pictures.

  Maybe the other party has never seen the sample of this movie, it was just something done by the person in charge of this matter.

  After thinking about this, Chu Huan preached to Kelly.

   "The publicity level must not be lowered. As for Universal Pictures, we can bear the difference between the B-level and A-level of this movie, but the other party's share must be reduced."

   This is what Chu Huan came up with.

Whether in North America or Europe, Vertex Pictures does not have its own promotional channels or distribution channels. Although the Paramount antitrust case led to the separation of North American production companies and theaters, the only relationship between the two parties is It's just a different way of working together.

At this time, if Vertex Pictures wants to release the movie "Jaws" smoothly, it needs global distribution channels, so this is why there are so many independent production companies in Hollywood. One of the important reasons why several major film studios can always survive.

   Of course, there are exceptions to everything, otherwise a studio like United Artists would not have been acquired.

  Kelly thought for a while, and said: "It should be possible to talk to Universal Pictures, but I think even if we want to pay for it ourselves, the other party won't drop much of the share."

  Chu Huan pondered for a moment, and then said: "Apart from Universal, other major studios in Hollywood, are there any films released during the release period of "Jaws"?"

  In later generations, because of Marvel, the schedule in May has gradually become more important, but in this era, the schedule in May is not considered an important schedule.

  In this era, even in North America, there are only two important schedules, one is the summer schedule, starting in June, and the other is the Christmas schedule.

  A movie like "Jaws" is obviously not suitable for the Christmas schedule.

  Since the schedule in May is not considered the most important, there must be some film studios that did not arrange their own films or release films from other companies during this schedule.

  Kelly thought for a while and said, "Paramount probably hasn't arranged any movies yet."

  Chu Huan said: "Then contact Paramount, and we can't let Universal think that they are the only partner for us."

  Kelly said: "Okay."

  After talking about this matter, Kelly reported to Chu Huan a trivial matter in her opinion.

"The Bill Gates you mentioned before, he has started a business with Paul Allen and founded a technology company called Microsoft. According to your request, we have contacted the other party and completed the initial angel investment of 50,000 US dollars. round of investment, accounting for 49% of the shares, and prepared offices and other office supplies for them!"

When talking about this, Kelly still didn't understand. When her people found Bill Gates, he and his partner Paul Allen wanted to rent a hotel room and start their own company. .

   According to my own people, no matter how I look at it, I don’t think these two people seem like people who can succeed in starting a business.

  But since this matter was arranged by Chu Huan, Kelly naturally doesn't care about it, just invest directly!

Chu Huan was also very happy when he heard Kelly talk about this matter. Although he knew that after Microsoft developed, most of his shares would definitely be diluted, but he won the first share of Microsoft with $50,000. Angel investment, no matter how you look at it, it is a very happy thing.

"very good!"

  Chu Huan said two things in succession.

  Kelly didn't understand. Does the mere investment of 50,000 US dollars make Chu Huan so happy?

   "Remember to notify me in advance of each round of investment from the other party!" Chu Huan said to Kelly.

  Kelly nodded and said, "I know, but there is no news from Jobs yet!"

  Chu Huan, who had already received bonuses from Microsoft, seemed much calmer now: "Don't worry, take your time!"

   There is something at home, there are only two chapters today, and next month I will try to pay back everything owed this month~ Sorry everyone!

  

  

  (end of this chapter)