William White entered the automotive industry this ti, and it seed he was no longer just playing around.
However, the timing felt a bit awkward. The soaring yen didn't hurt the ho appliance industry, nor did it impact their automotive sector.
The so-called Plaza Accord seed only to have inflated the prices of imported goods.
Well, it squeezed the wallets of the public, especially if you had savings in the bank.
The Big Four automakers in Arica were struggling, and for soone in filmmaking, wasn't that a bit too arrogant?
Such low interest rates? You've got to be crazy!
So folks were confused, others bewildered, and so scoffed with disdain. In this atmosphere, it was astonishing that bonds worth half a billion dollars were announced as sold out.
In light of this situation, not just the onlookers but even William White himself was sowhat shocked. He didn't mind a failed issue -- honestly, he didn't need the money.
What William White didn't know was that his reputation in the U.S. was diocre at best. Yet internationally, he had an excellent reputation; those investing in his company were almost universally reaping huge profits.
So what about the automakers?
What was Bentley like before?
And now? Although it wasn't turning a large profit yet, it had beco a well-known automotive brand. The price was even on par with Rolls-Royce, and if production could keep up, who would doubt its profitability?
And what about those experts in Detroit?
Well, international capital didn't pay them any mind. They had their own assessnt systems -- why should they care about those fools and their nonsensical babble?
This Tesla Automotive Group was quite odd. For a company in Arica, it bizarrely had just one design center in the U.S.
Excuse , what country do you actually represent?
If that was all, we could let it slide. However, while Arican investnt banks collectively looked down upon it, international capital was pouring in. They even thought the amount was low; a billion dollars seed more reasonable.
...
"Ha, no wonder this guy won't invest in Arica. Looks like he won't be listing in New York anyti soon."
"Seems like it. But what exactly is this company? Is it an Arican enterprise?"
This question intrigued many, especially with so many auto workers losing their jobs.
However, William White didn't care what the public thought. Asking him to open a factory in Arica was a pipe dream. As for the subsidies, let General Motors enjoy those.
So, amidst all kinds of skepticism, William White's automotive venture began to unfold.
At this point, industry insiders were utterly baffled. To them, it would have been wiser for William White to acquire an existing company. Whether in Europe or Arica, plenty of automakers were waiting to be saved, and the prices were pretty reasonable.
Rebuilding a brand?
Is this guy out of his mind?
In fact, Filson also suggested an acquisition; they even identified several suitable targets. However, William White was unwilling to go down that road, or rather, he wasn't satisfied with any of those companies.
To William White, cars weren't high-tech; it was all about basic industry. In this regard, who could compete with the Germans?
You could give rcedes the steel from Arican manufacturers, but they'd still produce junk. No matter how powerful your engine design was, if the cylinder pistons didn't et specifications, they'd still break down.
William White's approach beca widely adopted later.
Wasn't Ford's design center in Europe?
General Motors had also managed to embrace the so-called globalization to gradually shake off its embarrassing situation. In contrast, Chrysler, a traditional Arican automaker, was basically just limping along.
Now, this approach was simply ahead of its ti; what was the big deal?
No engine technology?
Then buy it.
Creating a good engine wasn't in William White's wheelhouse, but he certainly knew which companies had decent products. Any company still around twenty years later had its strengths.
...
"Sir, is he really planning to create an entire automotive group from scratch?"
"Seems like it, but it's going to cost a fortune; five hundred million bucks is nowhere near enough."
"Yeah, if it were , I'd just buy Chrysler or Ford."
"Ha, this gentleman isn't having any factory built in Arica. The folks in Pasadena are going to have headaches again."
What Pasadena thought didn't concern him. With his gaming company in such disarray, he had no reason to give them any leeway. Just maintaining one design center was already generous.
The chatter from outside didn't put a dent in William White's good mood. He made a quick buck from speculation, and his assets were practically leaping every day.
This move towards real industry also ca from his think tank's suggestion. William White's asset allocation was severely out of whack; if he didn't adjust it soon, he'd end up just another traditional investnt bank.
Investnt banking wasn't bad; it just wasn't in a good spot anymore. Investing overseas was easy to explain, but for dostic industries, he could only strut around in Silicon Valley.
Over the years, investnt banks and William White had ongoing disputes but had never co to blows. This was likely a major factor in their relationship.
Everyone had their areas of expertise; ideally, they wouldn't encroach on each other's turf. That would be a sure way to earn contempt.
...
The conflict between Apple and Jobs seed to be escalating. This situation was sothing Jobs himself had never anticipated.
Apple, on the decline, seed to have set its sights on graphic systems, which was the only way to distinguish itself from IBM PCs.
IBM was fine, but Compaq's advantages were imnse. Never mind Apple; even the Big Blue was close to choking on its own blood.
What embarrassed Jobs was that the Apple II, which he insisted on discontinuing, turned out to have astounding potential.
In the realm of eight-bit processors, it swept everything aside. This wasn't just in Arica; in fact, Europe and Asia eventually surpassed the U.S. to beco Apple's main custors.
...
"Sir, we're facing so sales issues in Asia."
"Sigh, what could be the problem? It's just piracy, plain and simple." Seeing his boss's calm deanor, Tom was utterly speechless. You've got a way with this; why don't you share it with ?
"There's no helping it. Not to ntion other places; even the Japanese just take the company floppies ho to install without a second thought."
"It's truly that way; the Japanese are manageable, but elsewhere it's getting rough."
"I don't have any solutions. I guess we could offer a bit more commission for the versions in smaller languages; this way, the computer sellers might work a little harder."
"Alright, I suppose that's all we can do."
In fact, William White didn't mind piracy that much; while it didn't earn money, it did contribute to market share. As long as prices were reasonable, people would buy the legit versions.
*****
spatreon/Sayonara816.
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