Extraordinary Genius Chapter 821

Extraordinary Genius

Chapter 821 - New investment's direction

"Boss, the company has many bad rumorsabout you now. Don't you think you should do something?" Ralph said. If FengYu's position in Microsoft was removed, it would affect him much.

"What do I need to do? What can the rumorsdo to me? I am still the one controlling the Chinese market and still thedirector and shareholder of Microsoft." Feng Yu replied calmly.

Feng Yu also want to do something aboutthose rumors. But what can he do? Give those gossipmongers a warning and firethem? If it is only one or two staff spreading rumors, he could still do thatas a director. Bill Gates will also support him. But now, it is the media andall the engineers discussing him. Can Feng Yu fire all of them?

Feng Yu's influence on Microsoft was stilltoo small. Microsoft is still Bill Gates's and he is the only one who has thefinal say.

"Boss, did you really acquire the EmpireState Building?" Ralph asked curiously.

"I bought it with a partner. I am only themain shareholder of it." Feng Yu casually said. When he was not in the US, Ralph'sjob was to send emails about the latest happenings in the company to him. Hisemails are very detailed, and Feng Yu was satisfied with his work.

"Boss, will I have the chance to work inthe Empire State Building?" Ralph asked. He was looking forward to it.

"I had kept an office for you. I will sendyou the renovation plans later. If you are not happy about it, you can ask themto change it." Feng Yu patted Ralph on his shoulders.

Ralph was overjoyed. "Thank you, boss. Ifinally get the chance to work in the Empire State Building!"

Ralph's father was a successful businessmanin the past and had rented an office in the Empire State Building. But in thelate 1980s, his investments failed and committed suicide. This was Ralph'sbiggest regret in his life.

Ralph swore that he must return back to theEmpire State Building in his life. This was his greatest wish and did notexpect his dream to come true so fast!

"How is Amazon's progress? How manyshareholders are willing to sell their shares to us?" Feng Yu asked while heread a Microsoft doc.u.ment.

"Jeff sold his house and his bonds to raisea sum of money. He increased his shares in Amazon to 21% and I had contactedall the shareholders. All of them wanted a premium price for their shares. Ifnot, they will not sell it. Only 2 minor shareholders rejected us directly.They are the earliest investors of the company. Maybe Jeff had told themsomething."

"Ok." Feng Yu nodded. "How much more dothose shareholders want?"

Premium prices are a must. After all, whenFeng Yu decided to invest in Amazon, he was already paying a premium for hisshares. Even if the shareholders wanted double the amount of the market price,it was not a lot to Feng Yu. What matters most was the shares and thisE-commerce operating model.

"The shareholders seem to have discussedand all of them wanted 30% more. I think we can speak to each of them, and a 15%increase should be sufficient to reach a settlement. But I think it isimpossible to get their shares at the market rate." Ralph repliedembarra.s.sedly. He felt he had not done an excellent job.

"What about the settling up of a team?" Theother bosses have teams of secretaries and a.s.sistants to a.s.sist them. But FengYu only hired Ralph, and Ralph was not able to handle the workload.

"I had reached out to two of my buddies andhired two helpers from other companies. Our team has 4 people now."

Feng Yu had told Ralph to set up his team,and Feng Yu will pay for their salaries. Why would Ralph reject this? Althoughhaving more people will share his credit, but it will be more efficient.

If Ralph insisted that he can handle theworkload by himself and he will have to bear the full responsibility when thereare any screwups.

"Your workload will be increased in thefuture. The team is too small. Continue to hire more people and tell Amazon'sshareholders that premium pricing for their shares is not a problem. But limit.i.t to less than 15%. You will get 30% of whatever you save for me."

Ralph's eyes brighten up. Boss is toogenerous to give me a big bonus.

"Boss, don't worry. I will try my best tolower the prices and will not disappoint you." Ralph said.

"Are there any rules in Microsoftrestricting the directors from using their shares as collaterals for loans?"Feng Yu asked.

"There are no such rules in Microsoft. Evenif this rule exists in other companies, it is only limited to the votingshares. Boss, most of your shares are non-voting shares."

Ralph was curious. Why was Feng Yu askingabout getting loans? He does not have enough to acquire Amazon?

But this should not be a problem. Microsofthad forecasted its shares to rise by more than 60% this year. That means FengYu's a.s.sets will increase by at least 60%, excluding dividends. In another 2years, Feng Yu's a.s.sets might be more than 10 billion USD!

If Feng Yu made some successfulinvestments, he would surely give Ralph some rewards.

Feng Yu had to get a loan now. Not only hehad made a significant donation, but he had also bought the Empire StateBuilding. He still wanted to buy a mansion in New York. He does not have muchcash on hand.

Furthermore, getting loans is worthwhilenow. Feng Yu can invest his money in some popular shares, and his returns willdefinitely be more than the banks' interest. Using the banks' capital to makemoney is the best investment.

Feng Yu knew that now and the next fewyears will be bullish in the US stock market. Most of the shares will be rising,and if Feng Yu could pick one or two performing shares, he might double hisinvestments within a month!

Although in his previous life, Feng Yu hadnot noticed the performing shares in this era, he saw a report in the papers a fewdays ago. It was an interview with a Chinese programmer, Yang Zhiyuan. He isone of the co-founders of Yahoo!

Early this month, Yahoo got listed, andFeng Yu regretted not remembering about this company. He should have investedin this top internet company earlier.

If Feng Yu had remembered about thiscompany earlier, he would have made a substantial amount and might even becomeone of the directors.

But Feng Yu still have time. Yahoo's sharesare still less than 40 USD now and the company is suffering losses. Althoughthis is a technology share and sought after by many people, the share pricesdid not shoot up as rapidly as other tech shares.

Even if Feng Yu could not enter the boardof directors, he will still acquire as many Yahoo circulating shares aspossible. He will sit on the shares to wait for the prices to reach its peak in1997.

Feng Yu can still use these shares to getloans then. He needs a large sum of money to fight against those speculators atthat time!

"Hi, Myers. I'm Feng. I want to use myMicrosoft shares to get a loan." Feng Yu called Vice President of Citibank. Hehad worked with Citibank on the listing of the Sixth Sense Company in the past.

Translator Notes:

Yang Zhiyuan

https://en.wikipedia.org/wiki/Jerry_Yang