Chapter 100: Fierce Competition
The super order of more than 200 million US dollars once again caused an uproar in the United States.
Now that even a fool knows it's a good business, how do you let those politicians get to themselves?
This is just the first order, and there will be continued demand, and if the market responds well, it could be followed by explosive growth.
Consoles, right?
Is there such an exaggerated demand?
This is the question of Wall Street, and it is also the question of American society.
Their doubts were quickly answered, there was a demand from customers in Europe and foot basins, and the quantity they needed to buy would definitely not be lower than that of the Mi Guokees.
Regarding the price and payment method of the order, the footbasin man had no extra ideas, and signed the contract very happily.
It's not easy to get a production license, and the 10% sales share is high, but it's not too much, but the conditions attached are more fucked.
William White's request was that no machines of the same type should be produced during the cooperation period, and that the development could only be carried out after eighteen months after the end of the cooperation.
Sooner or later, the footbasin people will start on their own, and William White has already judged this, he just wants to slow them down and not let the fierce competition come too quickly.
The three companies do have some egg pain.
Abandon?
What are you kidding? These orders are nothing at all, this is a business of more than a billion dollars a year, and if they lose this time, the gap between them will widen even further.
Do your own development?
In less than two years, you don't have to think about it, and when your game comes out, people may have upgraded it.
In the end, the agreed result was twelve months, because neither side wanted to delay, and a lot of dollars were on the street, and how stupid it was to grab it!
Someone said, "Why are you doing three?" Isn't that going to drive down the price.
This is really not, including William White, everyone has a tacit understanding of the final retail price, and the floating range will not exceed 5%.
You say it's a monopoly, it's price gouging.
Well, this one is, but do you have proof?
Toyota and Honda fight so fiercely, is there much difference in price?
The footbasin people are cunning and cunning, this is the tacit understanding between their industry associations, no company will try to destroy, everyone's purpose is to make money, not to fight any price war.
Industry associations in other countries don't care about this, their main job is to organize tourism. Except for the foot basin, the price war in all countries is outrageous, and the profit of a TV may only be 30 yuan, which will never occur in the foot basin, and they will not destroy the market if they choose to go out of business.
The sore footbasin people are gone, they need to get the product out as soon as possible, and they also have to build their own sales channels.
The world of legends began to expand rapidly, and several headhunting companies began to cast a net everywhere, directly killing Atari half to death.
Good benefits, high salary, and option rewards, you can't find such a company in the United States.
Other politicians are crooked, the California government says it doesn't matter, William White's company has a lot of recruitment, which is very helpful to the local economy, and you must not offend this young man, a bad family has returned to Texas, do you think people can't open a company in Houston?
A dazzling set of operations directly dizzy Wall Street, they very much want to ask one thing, big brother, where did you get all this money?
yes, where does the money come from?
They soon learned the answer, William White mortgaged three games, and Sumitomo Bank directly gave a credit line of 60 million US dollars.
And there is news that they planned to give 100 million from the beginning, but William White didn't want it.
According to their calculations, 100 million US dollars is not enough, you have so many orders now, many of them are still leased, how do you solve these financial problems?
They soon had an answer.
Damn, it's a production authorization, and this is the behavior of a loser! What does this product think?
Loser?
Perhaps.
In this way, 60 million US dollars is indeed enough, and it is estimated that there is still a lot of surplus.
With such a gluttonous feast, you can't get a grain of rice, and Wall Street's entanglement can be imagined.
They had calculated that William White would raise money, and they were very interested in both equity and mortgages. This guy has too many valuable things, and a casual bite is full of oil, and now it's okay, all the chickens and eggs are beaten.
William White would go crazy to finance with Wall Street.
Nima, the interest rate is close to 20% now, what the hell is the buddy going to repay the loan?
It is not easy to start a Series A financing, knowing that you are short of money, they will swallow all your shares, and it is kind to be able to leave you 15%.
Most listed companies play like this, and when your stock is officially listed, it may be less than 10%.
Lao Mei does not have the concept of a private company, for them, the company is not your family at all, but everyone's. If you can maintain a good rate of return, you can continue to be the boss, and if you can't meet their requirements, they can easily kick the founders out.
That's the norm on Wall Street.
Nima, 10% license fee.
Oh my God, are the footbasin people crazy?
Well, the profits are very gratifying indeed.
What surprised them was William White's determination, which was clearly a long-planned plan that had never been intended to produce on their own.
Like his software company, it's more of a R&D institution, and people don't even want to build a sales system.
Always think about things from their own point of view, of course, they don't think it's worth it.
If they had stood in William White's shoes, they would have come to a different conclusion.
If William White had only 15% of the shares left, his interests would naturally be far less than they are now.
If that's all he can do, he could lose the management of the company at any time. How is this possible to accept, William White is not an idiot, if there is no solution, forget it, how can it be risky if there is a solution?
Is this yet another cash press?
William White's company is very strange, and the most notable feature is that it has a huge amount of cash flow. Over time, this will become more and more apparent.
Even idiots know that this is a high-quality asset, and this group of Wall Street bastards also wants to be blind, who would give such an asset to others, buddy looks like this?
Do the two of them don't know, anyway, the box office of the second movie broke 100 million again, and the global box office also exceeded 150 million.
Obviously, people are going to record for themselves, and not long ago, there were so-called predecessors who said something unexpected, resolutely claiming that there would be no more good box office performance, and taking a few comedies that hit the street as examples.
How long has it been?
Immediately was pumped in the mouth.
For a few guys who rely on the old and sell the old, William White is also helpless, just claiming that he is shallow, and all the results are just flukes, just hoping that his good luck can last for a while, after all, his expenses are relatively large, so he bought a plane, if there are not enough American knives, there are problems with refueling.
For a few well-known old guys, William White admitted that he was lonely and unheard, saying that he had not heard of it and needed to go home to find information.