Chapter 138:
Neo ultimately persuaded the board mbers with his eloquence and his plans, which was also related to the current situation in Listoan.
These people wouldn't blindly trust soone who had deceived them more than once. They would surely find out for themselves if what Neo said was true or not and then make a decision.
But fundantally, there wouldn't be much change because this ti Neo wasn't lying.
However, these matters remained distant from the concerns of ordinary people. The notion of a key economic enterprise contemplating departure from a region, despite potential agreents with local authorities on certain fronts, wouldn't be easily achieved.
Just resettling the workers and employees who couldn't move to other states with Listoan would consu a lot of ti.
The next day, which was Saturday, after the ferntation of the Friday reception, people began to pay attention to so aspects of Lynch's second-hand goods trading auction.
So individuals who didn't seem to fit in with the rest appeared at this auction.
They were dressed in expensive formal attire, maintaining a refined appearance even in the scorching heat. Despite their continuous perspiration and occasional wiping of sweat, they still managed to exude a sense of grace that didn't co across as overly impolite.
These individuals watched Lynch's auction throughout, and so even actively participated. In fact, these individuals were all potential partners of Lynch.
How to expand a business had always been sothing businessn relentlessly pursued.
The conclusions drawn by each person might vary. So might believe in putting effort into craftsmanship, while others might emphasize integrity. But what truly facilitated rapid business expansion was the operation and ans of capital.
Perhaps the presence of these respectable individuals today sparked a desire for consumption in so, because by the ti the auction ended at seven in the evening, the total transaction amount was slightly higher than last week by twenty thousand bucks. This unexpected upward trend brought many positive effects to the auction.
As soon as the auction ended, several businessn approached Lynch, wanting to discuss cooperation matters with him.
Capitalism was never kind, compassionate, or loving.
In the ocean of capitalism, plunder was fundantal.
Under federal and financial laws, if a company's market value surpassed ten million, it was required to accept investnts from investors. Of course, the way they presented this requirent sounded more appealing, saying that mandating that a company with assets exceeding ten million to have multiple shareholders and a board of directors with more than ten mbers was primarily aid at preventing financial cris.
In other words, if Lynch's Interstellar Trading Company's market value exceeded ten million, he wouldn't have the right to refuse investnt from others; otherwise, his company might face investigation.
As for how much money others could invest and how much stake they could get from him, he could negotiate, but he couldn't refuse.
And when a company's market value exceeded one billion, the company must go public. Only after being listed for a period could it be delisted.
In official terms, as companies expanded, they were expected to contribute to society while also being subject to community oversight. This was also intended to prevent financial cris.
But in reality, these laws were primarily for the convenience of capital to prey on other capital. The market of capital was always a deep, dark ocean, where everyone was a predator and, at the sa ti, prey. It was a ga of survival.
Infinite appreciation and depreciation were the most common phenona in this world. How to beco soone who appreciated and was always in a position of a predator was what every businessman, especially those who could be called capitalists, pursued.
Compared to other entrepreneurs who feared investors, Lynch's attitude seed much more generous. He even invited these people to a hotel and opened a business suite with a eting room.
Sitting in the room, feeling the cool breeze from the central air conditioning, these gentlen who had been stifled in the gym for hours finally breathed a sigh of relief.
After a brief rest, soone smiled and asked Lynch about his views on investnt.
In fact, at yesterday's reception, these people had already exchanged opinions with Lynch. Today, they mainly ca here to inspect on-site. If they could cooperate, they would. If they couldn't but there was profit, they would consider whether they could compete with Lynch for business.
While they wouldn't openly admit to it, behind the scenes, they would have individuals register a company to conduct the sa business as Lynch, even if they were part of the sa faction; they wouldn't back down when it ca to competition.
"I won't refuse investnt. In my opinion, it's better for everyone to make money together," perhaps this statent held a different kind of allure. Soon, the atmosphere in the room was stirred up by Lynch.
He presented so data to illustrate that this was a very profitable project. "So far, the profit from a single auction can guarantee about fifteen percent of the total turnover. After deducting so other expenses and necessary costs, the net profit fluctuates around eight percent…"
"If seats related to cooperation are added for sale, there will be additional stable inco. In Sabin City, it's about twenty thousand bucks per week…"
To be honest, this was already a very attractive figure. About eight percent net profit, even so large corporate groups dared not guarantee they would be able to make this much money.
Moreover, being able to maintain such a profit trend under the current economic situation was what interested these businessn in front of Lynch.
They might not necessarily be genuinely interested in this deal; what they valued was the political significance behind the auction and its ability to provide a reliable and stable cash flow during economic downturns. That was what they needed most.
Lynch continued to promote these things with a slightly excited tone, tinged with a sense of reverence, almost resembling a pilgrimage. "Since the instructions of three stages of the auction, there hasn't been a significant decline in the transaction amount. In fact, today's transaction volu has even seen a slight increase. This situation tells us that its potential has not yet reached its limit."
"I am currently actively preparing to hold auctions throughout the entire state, and in this regard, I have already received recognition from the mayor and the governor. In the fourteen cities across the state, there will be uniform prices, services, and quality in the second-hand goods trading auctions."
"Furthermore, I'll reveal a new small project here. I will establish a distribution center for second-hand goods trading, gradually reducing low-priced goods after each auction, increasing high-priced goods, separating low-end and high-end goods, and providing a more premium custor experience…"
"According to my current estimation, if each city's auction proceeds smoothly, the net profit per month should be over a million."
The businessn in the room looked at each other. They hadn't expected such astonishing profits from a seemingly inconspicuous second-hand goods trading auction.
Even their own estimations of profits exceeded what Lynch vaguely referred to as "over a million". He had more profit space, especially with those seats.
They had already figured out that each seat could bring Lynch five bucks in inco, and the reason those salesn were willing to join this seemingly extravagant feast ga was that Lynch could ensure that the top three salesn would earn over ten thousand bucks a month.
In other words, if salespeople wanted to earn more, their enemies were their colleagues, and their colleagues were their own greed.
If one arranged for soone to participate in the auction and, when necessary, bid for oneself, assuming the investnt for the seats and auction participation amounted to nine thousand five hundred bucks, and they could secure the third position, they could still earn an additional five hundred bucks by the end of the month.
So, they didn't need to worry about not being able to sell these seats. Rather than calling these people Lynch's partners, it was more accurate to say they were a group of gamblers, and Lynch rely provided them with an unconventional gambling thod.
Those people wouldn't care about how others would judge them. With a profit of over a million per month, it was more than enough to attract them, not to ntion there were many additional values behind this business.
For example, accepting advertisents for so goods on flyers at the auction, promoting products through lucky draws at the auction venue, giving away experience vouchers and movie tickets…
These were all ways to make a profit. As long as there were people, as long as these people had the ability to consu, capitalists would find a way to exploit them. This concept also ford the basis of "traffic" in the internet era.
At this mont, soone asked a core question, "Mr. Lynch, how much do you think your Interstellar Trading Company is worth, and how much money do we need to invest to get shares of your company?"
Lynch nodded slightly, his lips curled up into a smile, "Following the mainstream calculation thod in the current financial market, estimating the short-term value of the company at three to five tis the annual inco is a very reasonable calculation thod…" Others nodded in agreent; this was indeed how the calculation was done according to the current thods in the Baylor Federation.
"Based on my possibly not very accurate estimation at present, from the second half of the year, the net profit of Interstellar Trading Company is about one point two million per month, making it around fourteen point four million per year."
"Let's take the average, and estimate the company's value at four tis the annual profit. I believe the market value of Interstellar Trading Company should be over fifty million…"
When Lynch said this, the people across the table suddenly realized that sothing wasn't quite right. Today, Lynch's inco was probably only about sixty thousand, yet he estimated his company's market value to be over fifty million.
This didn't quite add up. If they wanted to invest, just one percent of the shares would cost them five hundred thousand federal Thor. This… seed a bit off.Please vote for this novel at /series/blackstone-code/There are advance chapters available nowAccess will be granted 24 hours after the donationTier 1: 7 Advance chapters Link
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