Chapter 315 Short-sightedness



An employee of Mason Venture Capital in Silicon Valley happened to know that Han Chudong was angry because Bushnell, the CEO of Aurora Games' actual controlling shareholder, tried to license games to Atari. So after seeing the new Atari game console, he reported the news immediately. The news was quickly summarized by the secretary's office and delivered to Han Chudong.

Arthur's assistant's guess was similar to Han Chudong's idea.

At this moment, Han Chudong was drinking coffee with a strange expression on his face. He said, "Maybe he regrets cooperating with me and wants to use delaying tactics. If he does well, it will take three to five years for the lawsuit to come out. By then, Bushnell will have made enough money from street arcade machines. If he gives me some compensation, he can still make more."

It's not that he was too annoyed. He had been betrayed once at the end of last year, and he had already felt that the guy could not be trusted.

Isn't that how business works? As long as the profit is big enough, it's easy to sell out the partner. Arthur said, "It seems that he chose to settle last year, not because he really wanted to. Maybe he just wanted to delay time and sell Atari's new game console first. Or maybe he wanted to settle at that time, but felt that the profit was too big, so he regretted it. Recently, it seems that street game consoles from other companies have appeared, putting Atari under great pressure, and Atari has no other products to show for it except Ping Pong."

The implication is obvious. Bushnell may have encountered a strong competitor, and when the very profitable Atari company ran into problems, he thought of selling Han Chudong and getting new games directly from Aurora Games to ensure his own interests in Atari.

Han Chudong finished a cup of coffee, poured another one, and continued, "No matter what, he offended me badly. If he came to me to discuss, I might have only taken a little bit of his favor and agreed to help Atari. But that guy must be crazy. He didn't tell me anything and just robbed me openly? What do you think I am? Air?"

This is just complaining.

Arthur's assistant offered advice, "I remember Atari was preparing to go public. If a scandal broke out at this time, I believe financial newspapers and financial TV programs would be very interested. No one would be willing to invest in a company that is involved in a major lawsuit."

After listening carefully, Han Chudong thought for a moment and shook his head, saying, "Don't worry, this can be used as a bargaining chip. Bushnell doesn't seem to attach importance to the home game console project, but I am still interested. Look at these short-sighted guys, they really make me angry... Call him and tell him that if you don't want to go to court and ruin the good situation at the listing stage, come to Los Angeles to discuss it with me in person."

Arthur was quick enough to ask tentatively, "Do you want to take over Bushnell's shares in Aurora Games?"

"Yes, compared to cash compensation or Atari, this is what I want..."

If Bushnell, who served as CEO of Atari and Aurora Games respectively, had not played this trick on Han Chudong, Han Chudong might have been happy to join him and seize the opportunity to seize the home game console market, but now he has completely lost his patience.

Since these two major shareholders are not in agreement, the final outcome will be either Bushnell squeezing him out, or Han Chudong squeezing the other out. Bushnell has more advantages in this matter, after all, he is the controlling shareholder.

However, out of consideration for his own interests, Han Chudong did not intend to give up the upcoming home game console project just because this guy did something disgusting. For this reason, he had to think of a way to see if he could take advantage of the other party's fault and kick that guy out of Aurora Game Company.

The importance of voice is unquestionable. If the shares are too few, you can only take your chances and see whether your partners are truly capable.

In comparison, Hermès Lady's brand of Hermès Company is doing quite well. After obtaining the funds, it has made steady progress and continued to maintain the brand's high profile. With the opening of four new stores, advertising in some high-class occasions, and cooperation with Hollywood actresses and European aristocrats, its sales have increased by more than 20%.

Given the grim economic situation, this figure is already very good.

Gucci is doing even better. A wave of promotions before the New Year doubled its sales year-on-year. However, due to the high cost of advertising and opening new stores, its apparent profits are shrinking, while its valuation has increased significantly.

Han Chudong took control of Gucci and decided not to distribute dividends for five years, which aroused opposition from some members of the Gucci family, who also had no foresight.

Fortunately, CEO Maurizio Gucci stood on the same side as him, so the objections from those small shareholders fell on deaf ears.

The reason why he said to Arthur "these short-sighted guys" instead of "this guy" was because Han Chudong was clearly very confident that he could lead them to make a fortune together, but they kept hindering him and making things difficult for him. Who would feel comfortable encountering such a thing?

New year, new atmosphere.

Han Chudong was too lazy to travel far, so he asked Arthur to help notify the executives of Gucci, YSL, Intel, Mason Trust and other companies to come and talk to him. If they couldn't spare the time, he would hold a conference call. He planned to re-examine the development plan and determine the goals for this year.

I spend a lot of time thinking, and I have read all the financial reports and have a clear understanding of the situation of each company.

I had a meeting with the executives of Mango Toys in the morning.

There is nothing much to say. We still maintain close cooperation with the agents who make money. The focus is nothing more than cracking down on infringing and pirated products and expanding product lines.

The cartoon characters drawn last year, such as the Big Mouth Monkey and Ali, will be developed into comics and puppets. Stationery, clothes, school bags, etc. will also be customized and purchased from third-party companies and sold through agents. In terms of toys, the main products of the year are determined to be Transformers, Magic Ball, 4WD Racing, Super Bubble and other products are still making money, plus the current account of nearly 20 million US dollars in cash, which is enough to support the completion of these new projects.

There is no wrong version in the 1619 book forum!

As soon as this group of people left, the executives of Baofeng Electric entered the conference room, and representatives of the three shareholders were all there.

Speaking of Baofeng Electric, through its own expansion and mergers and acquisitions, it has as many as 97 stores, with more than 10 stores under construction, and has acquired small shares in two chain appliance retailers.

While steadily expanding on the West Coast, it has also entered the East Coast market, including New York, Philadelphia, Boston, Washington, and other cities, where Baofeng Electric can be seen.

CEO Joe Austin is quite capable and Han Chudong hardly needs to worry about anything on a daily basis. As long as he is given sufficient funds, he can continue to apply the existing sales model.

However, the veteran employee was not present today.

Seeing the empty seat next to him and the unhappy faces of the people, combined with the news of a large number of job-hopping in various departments this year, Han Chudong had a premonition of something and was mentally prepared to hear bad news.

Seeing that no one spoke, he took the initiative to ask: "I heard about a large number of resignations. Who did Joe take away?"


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