Chapter 82: The Vicissitudes of Life
Time flies, time flies like an arrow.
Macy's Mall in San Francisco.
Two girls walked out of the building carrying large bags and small bags.
A well-proportioned and tall girl with shiny high heels is more than 1.8 meters tall, she wears black cropped trousers, a coffee-colored polka-dot shirt on the top, and a dark green fashion trench coat over her shoulders.
This cool appearance has a very high return rate along the way.
The other girl is delicate and petite, yellow-skinned, wearing a cute printed dress, a white spacious trench coat over her shoulders, and white sneakers.
The two stuffed the loot into the car, looked at each other contentedly for a moment, and laughed.
"I should be good at this one, right? This is a new style for the change of season, the fashion queen is the most admired, Roy should like it, right?"
"Well......" The other girl thought for a moment, blinking her eyes, and judged, "I think he wants to roll the sheets with you at once, and pamper you well." β
"Hey, why are you so nasty. The girl shyly, "We won't." β
"Okay, okay, whatever you say is what you say. Who told you that today is your treat, and I must be obedient to you. The other girl said mischievously.
"Hmph. I haven't even said anything about you, but just a moment ago, tens of thousands of dollars were goneβah, that's all my savings. Now that I have a job, I don't know when I'm going to sleep on the road. The girl worried.
"How so, my dear, you hold the original shares of Red Coral Corporation. According to the inside information I have heard, Mr. Hastings is already actively preparing the documents, and the company will go public next year!"
"Next year? β
"Of course, who calls the company growing fast? Hehe, now you can rest assured. β
"Thank you, Jamie, and I'm so excited to think that I'm going to be a rich woman in the future, thanks to you. β
"Hey, it's a gesture. I guess Roy had a stake for you, and I'm going to push the boat with the flow at best. Jamie suddenly said seriously: "Debra, Gou Fugui, don't forget!"
Debra fastened her seatbelt, stepped on the accelerator, started the car, and cheerfully replied, "Must be old iron." β
β¦β¦
β¦β¦
"Hey...... BOSS, it's not that I have to go to you, but I was fired from the company today...... Really, why am I lying to you...... I'm really not, I'm very diligent, and you don't know...... It's all Reed's unkind bastard, who didn't build the foundation of the company as well as we did, and he could soar after he took over?!...... It's not a boss, I didn't mean that...... Hey, isn't it because my team has always been at the bottom of the performance, and I didn't cheat, but that guy engaged in a talent culture of survival of the fittest, and I was fired...... Rest assured, I won't cause trouble...... Okay, wait for me, I'll be there right ......"
Ulysses excitedly said to the two young men next to him: "It's done! You guys are so lucky, Lao Tzu will take you to pay homage to the gods today." β
A young man's mouth opened slightly, and he couldn't believe it: "Is it really Mr. Fan who single-handedly founded Red Coral?"
"Hmph, it's rare, I'm telling you, I now own almost 1% of Red Coral, do you know what that means?"
The two young men shook their heads in cooperation and pretended to be stupid.
Ulysses smiled and looked up to his peers: "It means that it won't be long before Lao Tzu will be a billionaire." Got it?
"And follow me, you follow Roy, as long as you have a dream and are willing to work hard, a billionaire, just around the corner!"
The eyes of the two young men lit up with blood.
β¦β¦
β¦β¦
A luxurious red business Mercedes galloped down the dune roads of Silicon Valley, and then turned to the side at the intersection ahead to a small road with sparse traffic.
Ivy was driving in front of her, glancing in the rearview mirror from time to time, she found that although Alyssa was holding the latest business financial report of Red Coral Company in her hand, her eyes were wandering to the side, and she was stunned, Ivy wondered: "Red Coral Company's performance is very good, and the development momentum is still brave, Alyssa, what are you worried about?"
"Huh?" Alyssa shook her head subconsciously as she woke up from her trance.
"There's Red Coral not far from here, shall we take a look?"
"No need. Alyssa vetoed: "Now Hastings, the head of Red Coral, is a very stable and reliable old entrepreneur, so there is no need to worry about anything." β
Ivy smiled: "Yes, Mr. Peter has also mentioned your venture capital many times, saying that you are decisive and wise, and Mr. Peter also said that the future of Red Coral Company is promising, and this investment is very successful." β
Alyssa smiled politely, to be honest, she thought that Roy's probability of success would be higher, but she didn't expect his company to develop so strongly, and the hurricane of DVD popularization had the potential to disrupt the industry. It's really shocking.
Ivy continued: "The boss of BesTV doesn't know what to think, the DVD market trend is obviously so good, they haven't even launched a follow-up strategy, no wonder Red Coral has been in the limelight repeatedly. β
Alyssa sighed: "BesTV also has its own difficulties. β
Ivy was unconvinced: "What difficulties can he have, I think he is too stupid, he gave up the market to competitors for nothing, if I were a member of the board of directors, I would have proposed to change the CEO a long time ago." Hey, for Roy, luck is coming, and he can't stop it."
Alyssa smiled kindly, thought for a while, and explained: "BesTV's business model, that is, the business of opening stores offline and leasing movies, TV series and games, has very high fixed costs. The so-called fixed costs are the costs that need to be paid regardless of the company's operating conditions - such as store rent, staff salaries, and the cost of purchased content - that is, videotapes, DVDs, game discs. These are fixed costs that don't change much with the company's business. So in order to make a profit, their leasing volume must go up, otherwise it will be difficult to share these costs.
"However, DVDs are new and new, and the rise of new things must have been a niche market at the beginning, so the cost of them to follow up is very high. β
Ivy suddenly realized: "Oh~ So that's it." Wouldn't Red Coral win this battle with the wind?"
Alyssa is a little helpless about her assistant, although the other party graduated from a prestigious Harvard university, but he does not have a sense of the overall situation, but fortunately, the other party is down-to-earth, diligent, and organized, and this shortcoming is nothing.
Alyssa was in a pretty good mood today, and she then made small talk, "Not necessarily. Shopping malls are like battlefields, changing rapidly, and there is no 100% correct answer to who will be the final winner. β
Ivy nodded, and became confused again: "Since the cost of BesTV's business model is very high, is the cost of Red Coral Company low?"
"Of course, fool, Red Coral is asset-light, there are no physical stores, inventory centers are often set up in places with cheap rents, and it is not to be overlooked that Red Coral's engineers have long made a recommendation system that can guide customers to avoid the hottest movies and rent old movies that they may also like, but are not so famous. This improves the DVD rental rate and turnover rate, and also greatly helps customers to retain. β
"Wow! Sounds amazing. Ivy thought of Roy's hairy boy, and she still thought that Roy relied on luck, how could he have this insight if he didn't graduate from high school. However, these days her brother has been asking about Roy, which makes her even more unhappy.
Alyssa nodded, a single detail could be luck, but Red Coral has countless innovations like this, and that's what really scares.
The vehicle was driving for a while, and they stopped in front of a small garage in the middle of nowhere.
Alyssa opened the door and got out of the car, looking at the large garage of only 100 square meters, her eyes were incomprehensible.