The other party started his business in 1971 and has accumulated a net worth of nearly 10 million US dollars. He has some development prospects, but it is not very clear and there are many uncertainties.
Han Chudong believes that his business layout is more stable and has equally promising prospects.
Especially for Rainbow Beauty’s new facial mask products, as long as they are well promoted and the quality and effectiveness of the products are guaranteed, they should be able to achieve good results in the future.
What's more advantageous is that it only took him more than three months to earn so much money from scratch. Thinking about it from this perspective, Han Chudong felt much more comfortable.
He also knew that there were many unfairness in this kind of comparison. For example, Nolan Bushnell could not compare with him in terms of the advantages brought by rebirth. He was simply jealous of the other party's dominance of the electronic game market and was just thinking about it out of boredom.
Although they are at different starting points, Han Chudong is well aware of how great his own advantages are. He is not afraid of anyone, nor does he need to envy anyone.
He turned and walked out without looking at the so-called business secrets any more. He said to Boss Nolan, "I wanted to participate in the arcade game project before, but now I have changed my mind. If we separate the home game business and make it a separate company, how many shares do you think I can get for one million US dollars?"
I can't keep up with Han Chudong's jumping thoughts.
In Nolan Bushnell's view, Atari includes this project, and this project belongs to Atari. The two are one and the same. He has never thought of separating it and taking it out separately to raise funds for research and development.
but.
If we follow what Han Chudong said, it is not absolutely impossible. Given the profitability of the arcade business, Nolan is reluctant to give up this piece of fat.
However, the new project is not certain. The idea of developing a home game console was only conceived last year, and there has not been much progress so far. If someone is willing to share the risk and work together on research and development, it is more in Nolan's own interest.
It is also in the interests of Han Chudong.
His greatest advantage is his ability to invest in small companies, help them grow and occupy the market, and share a considerable profit from them.
However, Atari has grown into an industry leader with sales exceeding US$7 million last year. Instead of investing the limited funds in it now, it would be better to spend more money to improve Baofeng Electric and Rainbow Beauty, or to develop tape players and be the first to seize new markets, which should make more profits.
The home game console project had just begun to develop, and Han Chudong could smell a strong scent of money from it. He thought that this was a good business that was worth his money to take a chance on.
When you speak your mind, there is a chance for collaboration.
Although Han Chudong felt that it was a bit inappropriate to say this, he still stared at Nolan, wanting to get his answer, and added:
“Both sides contribute ideas, funds, and talent. Take one of me, and your chances of success will be greater.
You have market influence and patents, and I can give you a lot of support, including helping with research and development to design a more complete home game console technology solution for us."
The idea of making this kind of product came up as early as Christmas Eve last year.
At that time, Han Chudong felt that the scale of investment was too large and he was not familiar with the entire market environment. If he cooperated with Nolan, there would be a chance to achieve a win-win situation.
The other side.
Nolan Bushnell had no idea about Han Chudong's background, he only knew that this young Asian was interested in Atari.
It is not clear whether technical support can be provided, but it should be able to provide some financial support, which is what he needs.
In Nolan's eyes, investing in the development of a home game console is a gamble that will cost all the previous savings. Not to mention anything else, just borrowing computers, hiring electrical engineers, and designing necessary accessories would cost at least two or three million US dollars to get a finished product.
It is not even certain whether it can be actually developed. After all, no one has developed a similar product before, and the so-called success only exists in theory.
It's not money that came from the wind, who wouldn't feel sorry for it?
Nolan was a little tempted, but he didn't give an immediate answer. He said, "You mean we can separate this project and develop it together? There's still a lot of cash in the company account, and we can continue to make money. It seems that I don't need you too much."
"I admit that Atari has more advantages, but think about it, why do so many startups look for powerful partners? The benefit is that it shares the risk, and no one can have 100% confidence in a new project.
If you choose to cooperate with me in research and development, we will allocate the investment of research funds according to the shareholding ratio. Even if it fails in the end, you can keep the wealth you have now. As you said, the arcade game machine business is still making money, right? And this new project may be very profitable, but it is all estimated profits that do not exist at the moment. "
Han Chudong briefly considered the question of "whether he needed Atari" and came to a positive conclusion.
The reasons are complicated. For example, this company has technical patents and resource advantages. Also, he is not sure that he will succeed if he conducts his own research and development.
For risk control reasons, it is also in his interest to find a capable partner to share R&D costs without causing too much impact on other businesses.
The olive branch was extended rashly, and Han Chudong couldn't see through Nolan's thoughts.
There is no wrong version in the 1619 book forum!
He did not press for an answer, but continued to wander aimlessly around the factory.
Arrived at the factory gate.
After the goods were fully loaded, the truck with a Nevada license plate was driving out of the factory gate. A casino hotel in Las Vegas customized a batch of machines for its guests to use for entertainment.
Nolan looked at the truck going away and said to himself, "I have to admit that you are a smart businessman. You even took my concerns into consideration. It is really good for me to divest the project and find someone to develop it together. It reduces the risk."
"Thank you for the compliment. If I wasn't smart, I wouldn't have come to you."
Han Chudong said with a smile, and then asked Nolan if he smoked cigars.
In fact, he was not interested in cigars. Cigarettes hurt the throat and mouth, but they could help bring people closer together, just like passing cigarettes around the table.
I have read some books on socializing, and one of the three major places for doing business mentioned in them is the cigar club.
The rest include golf clubs and party receptions. Most American male businessmen like these places, while offices, restaurants, cafes and other places will make them feel defensive.
Knowing that she didn't know how to smoke, she didn't ask Kiko Mochizuki to help get it from the car.
After a long time without a reply, Han Chudong took the initiative to avoid the situation, leaving space for the other party to slowly think about the pros and cons. It can be seen that Nolan Bushnell attaches great importance to that project.
When he got in the car, he was already considering whether to use the knowledge in his mind to register some patents first and become a patent troll for the sake of profit.
I was also thinking if I should set up my own R&D team to gain the upper hand if the other party did not agree.
If the profit is big enough, it is inevitable that you will be tempted...