Chapter 095 Additional investment
Monday was the start of another work week. Masayoshi Kishimoto called Oda Feitsugu and Kobayashi Kiyoshi to the conference room to prepare for a meeting that would only be held between the managers.
From today, he planned to make it a customary practice to call the company’s managers on Monday mornings every week. The original intention was to follow the example of the RB Zaibatsu Group.
At present, the company was small, and the number of people was small, but it would gradually become the middle management, and then only the top management.
Ota Fei bird as a woman, adhering to the RB tradition of custom, take the initiative to tea is to Kishimoto Masayoshi and Kobayashi Kiyoshi poured good one by one in front of it.
Of course, this was all from the inferior to the superior. When she was the upper management of the company, she would not take the initiative to pour tea for the male employees below her.
Even if there were more important visitors, it wouldn’t be her turn to personally pour the tea, but rather it would be Rumiko Kato’s part of the administrative team.
“As you all know just on September 4th, Google Inc. located in San Francisco, U.S.A. is officially established. Kobayashi Kiyoshi and I are going to fly to the United States to talk about additional investment.
In principle, our company still want to hold 40% of the shares. Even if we pay more for the additional investment now, we will recover it with interest in the future.
While both of us are away from the company, Ota will have to work hard for you.” Masayoshi Kishimoto waited until Ota Fei Toru had taken his seat and spoke first.
While taking notes of the meeting, Ota said seriously, “Although I don’t know much about the company’s specific investment business matters, I definitely have the skills to stay and watch over the family. President, don’t worry and leave it to me.”
Kobayashi Kiyoshi had long known that this Google company located in San Francisco, USA was the president’s earliest investment, “Internet companies are the trend of the current era of forward development.
There is no problem with investing in this type of company. My question is that we still have to hold 40% of the shares of the priority of additional investment rights, is not the risk too high?
Let’s reduce our stake to 10% of Google’s shares and wait and see. If it’s good, we’ll invest an additional 20%. Even if it goes to 30%, that’s fine.”
Masayoshi Kishimoto understood that he was saying all of this for the good of the company. If not for his own foresight, holding 40% of the shares directly would have been a very big risk.
Furthermore, as of now, Hard Gold Capital Corporation was wholly owned by himself, which meant it was completely privatized. Any loss of capital is also a loss of one’s own money.
As long as he was bent on going ahead, there would be absolutely nothing above resistance. He didn’t need to give the necessary reasonable explanations to the board of directors, the shareholders.
What’s more, like this kind of Internet enterprise, is still in the seedling growth stage, according to the normal investment logic thinking is that it should be a little bit of additional investment, so that a little bit of possession of more share of stock.
“Today is September 11th.” Masayoshi Kishimoto recited a date that had nothing to do with the topic with a self-talk. In his mind, he knew that Penguin, the Internet company that would become China’s number two in the future, would be founded on November 11, 1998.
This is the same company that will have a market capitalization of 459.7 billion US dollars twenty years from now.
Penguin’s location is in Shenzhen, one of the four first-tier cities in China. For this reason, they must personally go to run a seek cooperation things.
Only in this way could he show his greatest sincerity, lest he be shortchanged by others. For this reason, he has long set aside 2.2 million dollars.
Before Justice Kishimoto was reborn here, he had studied business administration, and had also studied the business case of Penguin’s success, and was most aware of its history.
Ma Huateng is originally from a wealthy family, only the university is not too good, the provincial key two colleges, that is, double non-university. However, Shenzhen University is more special.
He studied at that time more special majors, electronic engineering department of computer science. He was in 1989 with the college entrance examination score of 739 points to be able to enter into the time, the computer is not called a computer, but called the era of computers, this professional collection of scores in the country can be said to be the highest professional.
Even a secondary school at that time to learn computer-related professions, but also in the admission score than the city’s best national model high school score is higher.
This is often only the best and brightest children have the qualifications to learn the profession. Even in the mid-to-late 1990s, many prefecture-level cities still had computer training, which taught copying and pasting, typing, and so on.
In later times, it was particularly ridiculous, something that even the mentally retarded could learn without a teacher. However, that era is so, but also not exaggerated.
Shenzhen University also produced another Chinese business legend is Shi Yuzhu. His undergraduate degree was in mathematics at Zhejiang University, but his master’s degree was in software at Shenzhen University. It shows.
China’s universities were restored in 1977, and the only winter session of the college entrance exam was also the one with the lowest overall acceptance rate, less than 5%.
On top of that, personal political vetting is required, and there is no access to one’s gaokao results. Don’t think it’s unfair, it was in a special era, coming out of the Cultural Revolution, and also crossing the river by touching the stones.
If this is compared to the past recommended to go to college, that for the children of the people’s families, I do not know how fair to go there. Recommendations for university will have a few places to the head of the children of ordinary people’s families.
Wang Shi, the founder of Vanke, one of China’s leading real estate developers, was recommended to go to university. In his book “Roads and Dreams: 20 Years of Vanke and I”, he wrote that he was recommended by the master workers to go to university because he was a good boiler burner, that is, he graduated from Lanzhou Jiaotong University (the former Lanzhou Railway Institute) majoring in water supply and drainage.
In fact? Wang Shi’s father is the Liuzhou railroad section of the leading cadres, and his old father-in-law, more provincial-level senior officials.
Wang Shi for Kishimoto justice before the rebirth of the generation of 80 later said, like Ma Yun in the mind of 90 after the existence of the idol.
Wang Shi put the professional manager this concept is really introduced to China, the real implementation of the Chinese company can be managed by professional managers to operate.
In the establishment of Vanke, he could have firmly held an absolute controlling stake, but did not do that, but also for him later was forced out of the Bureau laid a huge hidden danger.
At that time, Wang Shi gave the public, especially the perception of business students, who said that the chairman of the board of directors must be particularly busy?
He only needs to make strategic decisions, and then leave the specific things to the management team of professional managers to execute.
Then, he can go hiking and even advertise. And the entire group of companies remained firmly under his control.