Chapter 771: Japan's Cinema Expansion

Chapter 771: Japan's Cinema Expansion

Chapter 771: Japan's Cinema Expansion

"$10?" Jobs and Wozniak were shocked by this number. You know, their total assets combined were not that much.

But Jobs was still cautious and asked, "Eric, why do you think our small warehouse business can be valued at $30?"

Yang Wendong said: "Venture capital has never looked at the current size of a company, but rather its future potential. The core is the team members, that is, you and Wozniacki."

"Woz and I aren't very famous, are we?" Jobs asked.

Yang Wendong smiled and said: "It is true that I am not very famous, but I was able to start my own company for my own goal and also made a product, which is better than 99% of the young people in Silicon Valley."

Although there are many startups in Silicon Valley, compared to the entire population base, most of them are still employed;

Jobs and Wozniak, one gave up his studies, and the other gave up his high-paying job at HP. Most people don’t have this kind of courage.
Unlike Bill Gates, the two of them do not have a very powerful family background. If their business really fails, they may not be able to recover for several years.

Of course, the reason why Yang Wendong was able to invest personally was naturally because of his foresight.

"Well, I need to think about it." Jobs naturally did not agree immediately, and said, "Let's complete this transaction first. After the transaction is completed, I will seriously consider this matter."

"Okay, this is my assistant's phone number. I'm from Hong Kong and will be back soon, but you can call me anytime without worrying about the time difference." Yang Wendong took out his business card;

This also surprised Lin Youcheng and Wang Zhiqun who were following behind him. You know, Yang Wendong rarely gave his business card to strangers.

And the ones he can give are all potential investment targets that he is very optimistic about;

Just from this moment, the status of Jobs, Wozniak and Apple in their hearts was raised to a higher level.

Jobs took the business card, glanced at it, put it away, and said, "Okay."

"Who is this Eric? He's so generous." Jobs took out his business card again and asked the agent Bob.

Bob smiled and said, "Steve, Woz, you two are going to make a fortune. Eric is a super rich man in Hong Kong and even in Asia. He will definitely not be stingy when he invests in you."

"The super-rich in Asia? Very rich?" Wozniacki asked;
Being in the United States, they basically don't care about countries outside the United States.

Bob smiled and said, "Do you know KFC?"

"I know. I go there often." Jobs nodded.

Bob explained: "KFC is Eric's industry. Today, KFC is the largest fast food chain in the United States. If it can be listed, it will have a market value of several hundred million US dollars."

As an intermediary, I naturally have a clearer understanding of the client's information.

"KFC? Hundreds of millions of dollars." Jobs was shocked and asked, "Is he the descendant of an Asian super-rich man?"

Bob shook his head. "No, he also started from scratch. It is said that he started his business when he was a teenager. In just over a decade, he became one of the richest people in Asia. His businesses are all over Asia, and he often cooperates with top American companies."

"That's really amazing." Jobs was very moved and said, "One day, I will become a person like this."

Wozniacki smiled and said, "Let's put aside our fantasies of being a billionaire. We have to install these 30 computers first."

"Well, everything has a first step." Jobs suddenly felt full of energy;
After leaving Apple, Yang Wendong said to Lin Youqing, "Keep a close eye on this batch of computers from Apple. If Apple has any demands, as long as they are not unreasonable, we will try our best to meet them."

"Okay, Mr. Yang." Lin Youqing agreed immediately.

Yang Wendong nodded and said, "Okay, that's it. Later on, you will be responsible for communicating with them and strive to obtain a certain amount of shares. I should not be in North America by then, so you can report to me by phone at any time."

"No problem." Lin Youqi continued.

The main purpose of his visit to the United States this time was to visit Apple. Although it is still small at present, its future potential is worth his personal visit;
Of course, unlike other companies, if Apple had continued to develop along its original path, it would have needed to gradually cash out and leave after it went public in the early 80s, because Apple had been in decline for more than a decade in its original history, and even nearly went bankrupt or was acquired by Microsoft;
But even in the early 80s, investing in Apple could bring him hundreds of millions of dollars in returns, a rate of return unmatched by any other industry.

After returning to the hotel, Yang Wendong also informed Su Yiyi, who had just returned from an inspection of a clothing store in the United States, of what happened today;

Su Yiyi asked in confusion: "Computer? Will this thing have a big market in the future?"

"Yes, it will be bigger than the home appliance market." Yang Wendong smiled and said, "I have told you before about the speed of electronic product iteration, so theoretically sooner or later, everyone will have a computer at home, which can be used for work and entertainment, just like a TV, and become a necessity. That's why I invested in Apple."

"Is that so?" Su Yiyi nodded. Yang Wendong did tell him about the development speed of the electronics industry, but he still asked curiously, "If it's so good, why don't we do it ourselves?"

"We also make computers, of course, and this does not conflict with my investment in other companies." Yang Wendong said: "This is a huge market. Even if I do well, I can't monopolize it. So it is a good choice to invest in other companies appropriately. It is the same logic as our real estate industry in Hong Kong."

In fact, he had no confidence that he could succeed in the personal computer market. His foresight advantage had no advantage in pure industrial competition, and the electronic manufacturing industry in Hong Kong was far behind that of Silicon Valley or even Japan.

The only advantage is that it owns a Best Buy and has a good relationship with Walmart, but if the product quality and technology are not good, no matter how strong the channel is, it will be useless. Therefore, success ultimately depends on the competitiveness of the product.

"So that's how it is." Su Yiyi didn't ask any more questions;
Yang Wendong asked: "How do you see clothing stores in the United States?"

Su Yiyi said, "I feel it's not as good as our Yiranzhijia model. Either the clothes are expensive but the service is good, or they are cheap but the clothes are poor. There is no middle ground."

"You mean the quality is similar, the service is similar, and it's cheaper?" Yang Wendong asked back.

Su Yiyi said, "Yes, that's about it." Yang Wendong smiled and said, "That's unlikely. It's possible to do this in Asia because labor costs are very cheap. The service industry in the United States has to strictly control labor, so if there is a shortage of labor, it's naturally impossible to provide good service. With high labor costs, the only way is to reduce product quality costs."

Su Yiyi nodded and said, "Well, in that case, I'd better not enter the United States in the short term. Let's deal with Japan first."

Yang Wendong said: "Labor costs in Japan are not cheap either, but they are still not as good as those in the United States. You should learn more about this yourself.

And one more thing, if you invest in Japan, I can take care of the property, but not in Europe and the United States. I am not planning to invest in large-scale property here, so you should also be mentally prepared. "

There are many areas to invest in Europe and the United States, but not real estate. Although cities like New York and Los Angeles will appreciate in value, they are already developed cities and have little room for future growth.
In addition, there are taxes on properties in Europe and the United States, which are very complicated. If you have too many properties in Europe and the United States, it will also be a shackle for you.

"Okay, I understand." Su Yiyi replied.

Yang Wendong continued, "The Hong Kong textile industry is currently lacking in channels. When I have more funds in the future, I will continue to invest heavily in your Yiranzhijia."

"Okay." Su Yiyi was very happy and asked, "Is your current funding still insufficient?"

"It's not enough. I also have many businesses that require continuous capital investment." Yang Wendong said: "Compared with those top global companies, I am still far behind. According to my estimation, it will be much better in three to five years."

After three to five years, Hong Kong real estate will increase several times, factories can be moved to the mainland to enhance competitiveness, the second oil crisis, the boom in the US electronics industry, etc., combined can increase his wealth several times. By that time, he will be qualified to compete with large international companies.

Only then could his funds sustain his continued expansion in many industries, especially those that required huge losses in the early stages, such as Best Buy, Red Bull, and Yiran Home.

Su Yiyi asked curiously, "Brother Dong, our wealth is actually more than we can spend in ten lifetimes. Why are you still working so hard?"

"It can be considered as a life goal. If a person has no goal, he will be very bored and his life will not be exciting." Yang Wendong smiled faintly and shook his head and said, "Besides, it is impossible to let go of so many companies. If you don't make progress, you will regress, and it will affect too many people;

Besides, at a certain level, if we can’t maintain some things, it may actually be a very unsafe factor.”

Many wealthy people, small wealthy families and even some celebrities have already achieved financial freedom, but whether for personal purposes or social responsibilities, they cannot just sit there and do nothing.
The most important thing is that once you give up, your internal and external competitors will strike back fiercely;
It is impossible to stop a giant cargo ship just like that.

"That's right." Su Yiyi now has tens of thousands of people under her command, so naturally she can feel this responsibility.

Yang Wendong added: "Don't think too much. Life is interesting only when you have a goal."

"Yeah." Su Yiyi nodded;
Work is important, but rest is also important. The family also traveled in Los Angeles for a few days and visited many beautiful places.
On April 4, Yang Wendong returned to Asia with Su Yiyi, but instead of returning to Hong Kong, they went to Japan to travel for a few more days;
Chiba Prefecture:
"The future Japanese Disneyland is in front, but it is still under construction and it will probably take several years before it opens," said Yang Wendong, pointing to the large piece of land in front.

Su Yiyi asked: "I know you also invested in Disney, are you involved in this?"

Yang Wendong shook his head and said, "No, I just invested in Disney. I didn't ask to join Disney's board of directors, let alone participate in any management."

Su Yiyi smiled and said, "I thought you wanted to acquire Disney in the future?"

"It's unlikely. Disney is a cultural symbol of the United States and it also has two TV stations. Movies are also a form of public opinion dissemination. It's too difficult for a Chinese like me to acquire Disney." Yang Wendong shook his head and said.

If he could really acquire Disney, he would still be happy to do so, but the US government would most likely not agree, so there is no need to bother. After all, there is no strategic need for investment in Disney; and Disney's success is also due to its American background.

Of course, even if the acquisition is possible, you will have to wait until five years later when you have sufficient funds.

However, it is hard to predict what will happen in the future. Even if I cannot acquire the company, it is still possible to obtain a large number of shares. It would also be good to let talented and ambitious American people work for me.

"Haha, that's right." Su Yiyi also understood matters at the national level. Even in Hong Kong, the Hong Kong government would not delegate power to the Chinese. The establishment of the Independent Commission Against Corruption was also to fight against some old Chinese forces.

Yang Wendong pointed in a direction and said, "That's our future Four Seasons Hotel. It will be almost completed after Disney opens. This way, we can catch up with this trend."

"Isn't there a hotel inside Disney?" Su Yiyi had obviously been to Disney.

Yang Wendong smiled and said, "Yes, but the number of hotels in Disney is seriously insufficient, and it is not suitable for business people, so this is an opportunity for our hotel."

"Oh." Su Yiyi nodded.

The two of them walked around the area again, but saw nothing at the moment, so they returned to Kyoto Ginza after a while, where Changxing Group also had a small property.

"Mr. Yang, this is the headquarters of Changxing Group in Japan. My Changxing Cinema Company also has an office here." Zou Wenhuai said with a smile.

Yang Wendong said: "It's not bad to have a decent-sized office in Ginza where every inch of land is valuable."

Ginza is to Tokyo what Central is to Hong Kong. Japan's economy had already taken off in the mid-to-late 70s, and real estate prices had not risen sharply, but they were much better than Hong Kong, and housing prices were higher than those in Central.

Zou Wenhuai nodded and said, "Yes."

Yang Wendong asked again: "How is the expansion of theaters in Japan going?"

Zou Wenhuai replied: “Mr. Yang, because Japan’s economy is very strong now, the procedures and costs of building new stores are very high, so I chose to directly purchase existing theaters, especially small regional theater chains, which usually have dozens or dozens of them;

As of today, our group has a total of 1039 cinema chains in Japan, with 2690 screens, making it the third largest cinema chain in Japan today.”

PS: Please give me a monthly ticket
(End of this chapter)