Chapter 503 A Small Note

Chapter 503 A Small Note

Chapter 503 A Small Note
It is 11 o'clock in the evening in Yanjing time, but it is still 10 o'clock in the morning in New York.

In a small office on Wall Street.

Looking out the floor-to-ceiling windows onto the street, you can see a golden bull sculpture. With only a short history of a dozen years, it has become an iconic symbol of Wall Street and often appears in the financial pages of major newspapers.

Currently, Paulson Hedge Fund has a total of 25 employees, which is not much larger than Fan Wumian’s family office, and the decoration and layout looks a bit simple.

At this moment.

In the small conference room, John Paulson and Fan Wumian's representatives sat on either side of the long oval table.

Negotiations have been going on for some time.

A middle-aged senior consultant named Zheng was speaking slowly with a London accent:

"My boss, WM Van, is working with Disney and Paramount to invest in movies. Last year, he also successfully invested in YouTube in Silicon Valley and made incredible profits."

"He judged that the U.S. bull market had lasted for many years and a new round of crisis was about to occur. The trigger for this round of crisis was probably the subprime mortgages that you, Mr. Paulson, believed. So you were aligned in interests and had the same short-selling goal."

"Mr. Fan hopes to cooperate with you to avoid setting up another hedge fund of the same type. If he can become a partner of your company, I believe it will be very helpful for the subsequent expansion, because he has a high reputation and influence in Silicon Valley and Asia."

"WM Van" is the official English name that Fan Wumian gave himself. He uses this name whether he releases movies overseas or English song albums.

Before today's formal contact, McKinsey Consulting Company sent people to communicate with John Paulson twice in advance, and had already investigated Fan Wumian's relevant situation afterwards.

It must be admitted that although he did not graduate from a prestigious university and had no foundation in the financial field, John Paulson felt that Fan Wumian's achievements were particularly outstanding.

He started from scratch and in a short period of time, he became the largest shareholder of a Hong Kong Stock Exchange-listed company with a market value of over US$30 billion. This kind of thing is not something that can be done easily.

In addition, many people did not believe in John Paulson's judgment, but Fan Wumian arranged a team to come and seek cooperation with great fanfare. This made him feel very favorable towards Fan Wumian and feel relieved that he was not fighting alone.

Previously, a new fund was issued specifically to short subprime mortgages and the US housing market, with the plan to raise more than US$6 million, but in fact only US$1 million was raised.

This amount may seem high, but this is Wall Street. Even if someone stands on the street waving a business plan and shouting that he wants to open a chain of adult product stores or a pizza restaurant, the amount raised in the end may be more than this amount.

The $1 million has been under closed management for three months, and now the total amount has shrunk to only about $4700 million.

He was clearly under considerable pressure, having almost gambled away his many years of connections, reputation and future. After reading the small note handed over by Mr. Zheng, and finding that it read "US$5000 million, 49.9% stake", John Paulson instantly calmed down and began to think about the gains and losses.

Buying nearly half of the shares for $5000 million is equivalent to giving Paulson's hedge fund a valuation of $1 million.

This money is not for financing, but for purchasing equity from John Paulson. As long as he agrees, he can cash out $5000 million in advance.

If you choose to agree, the advantage is that there is no risk. With such a large amount of money, it is enough for you to retire wherever you go and live a fulfilling life in the second half of your life.

But John Paulson himself is quite rich, and he is not the kind of young guy who has never seen money.

Of the $1 million raised, $4700 million was his own savings over the years. This shows that John Paulson was indeed particularly optimistic about the prospects of shorting subprime mortgages and the U.S. housing market.

In his opinion, this offer was just average, not that high, but not too bad either.

There are many founders of small fund companies on Wall Street who hope to package their companies and sell them at a good price at one time, cashing in on their profits for many years to come, just like the major shareholders of A-share listed companies.

After folding the note and returning it to Mr. Zheng, John Paulson said calmly:

"Your boss's appetite is much bigger than I thought. I thought he only wanted to get about 20%. If the oil businessman is interested in your farm, then there must be oil hidden underground. I need to think about it, but I don't think he will agree to give up so much equity."

After chatting for a while, John Paulson still insisted on his opinion. Even though Mr. Zheng put forward Plan B, hoping to acquire 4100% of the shares for US$40 million, the other party still did not agree.

From what he said, he only wanted to give up about 20% of the equity at most. This was too far from the number Fan Wumian wanted. Mr. Zheng was unable to make a decision and planned to continue contact after the discussion was over.

After a while.

When he was about to leave, Mr. Zheng shook hands with Jorgen Rogers, one of John Paulson's right-hand men, and unexpectedly felt a small folded note in his palm.

It was not until he took the elevator downstairs and got into the car that Mr. Zheng looked at the note.

I saw it written in English on the paper
——"I understand the company's business. I am responsible for planning many of the business. If you want to cooperate in starting a new company, let's meet at the Central Park Boathouse Restaurant at noon."

As a formal employee of Fan Wumian Family Office, Mr. Zheng has extensive work experience.

After reading this note, I immediately guessed that this executive named Jowon Rogers was no longer satisfied with just working for others and hoped to use this opportunity to start his own business.

John Paulson manages a total of more than $10 billion in client assets. He has basically achieved financial freedom in the past few years and does not need to care about Fan Wumian's acquisition offer.

However, in the eyes of Zowon Rogers, this was a great opportunity.

If he could reach a cooperation with Fan Wumian, it would mean that he would not only get sufficient start-up capital, but also a large number of potential customers. In addition, entrepreneurship is exactly what Zoven Rogers is good at, so it is inevitable that he would have other ideas.

We are all workers. If we find an opportunity, who would want to be depressed and work under someone else for a long time?

Mr. Zheng did not think there was anything wrong with this approach. After thinking about it, he felt that it was more appropriate than directly investing in Paulson's hedge fund because he could have complete control and John Paulson did not seem to be the kind of person who was easy to get along with.

Once he cooperates with John Paulson, it is very likely that the other party will take advantage of Fan Wumian.

After all, in Asia, many people know that Fan Wumian is very wealthy. If he just shouts a few times among the wealthy families in Hong Kong, the amount of funds he can raise may be much higher than 1 million US dollars.

Feeling that this might be an opportunity, Mr. Zheng called Fan Wumian to report the situation and gave a detailed account of the whole incident.

Yanjing.

Fan Wumian drank some wine tonight and was very sleepy at first, but after a while he became energetic and was watching "The Lotus Lantern" on his computer.

The heroine Shu Chang was no longer his cup of tea. Instead, he was quite interested in the actor who played Xiaotian Dog and thought it would be suitable for him to play more supporting roles.

After the conversation, Fan Wumian learned that there was an opportunity to set up a hedge fund company on his own. He was quite excited and only asked:
"Are you sure that Zowon Rogers is really capable? Don't think he is just a half-baked person with high expectations but low skills. Otherwise, I will become a sucker."

Mr. Zheng on the other end of the phone didn't dare to make any guarantees, he just said he would help find a headhunting company to investigate.

Thinking of casting a wide net to catch big fish, after the conversation Fan Wumian considered betting on both sides. As long as one company can seize the next opportunity, he can make back his money with interest.

If both sides succeed, it means double the happiness.

Lying in bed, I vaguely thought of "Falling Leaves Return to Their Roots" co-produced by Tsunako and Uncle Benshan, and then I remembered that a friend next to me was wearing a funny T-shirt with the "Northeast F4" pattern printed on it.

An idea popped into Fan Wumian's head. He planned to let Wang Baoqiang, Xiao Yang, Fan Wei, Huang Bo and others dress up, take photos and mass-produce a batch of peripheral products. Then he would let Yang Mi, Liu Shishi, Zhuang Muxi, Feng Ying'er and Huang Shengyi form the "Five Little Flowers of the Bandit King".

With the addition of the Allure Girls Group, it is estimated that a large-scale promotion can be achieved at a low cost, creating a hot topic online.
(End of this chapter)