Even though it was Saturday, Carmen Keith woke up early because Eric promised to visit WM today. Pen % fun % Pavilion www.biquge.info

Leaving the man's arms lightly, getting dressed, and starting to prepare breakfast.

In recent days, after negotiations with Paul Rowland, Carmen Kayes has successfully bought a 30% stake in WM and become a shareholder in this well-known modeling agency in New York, and Eric has also bought another 10% in his private name.

WM's scale is far from being comparable to industry giants such as Elite and IMG, but after years of operation by Paul Loland, the foundation is not bad. The company has a permanent team of more than 300 models in North America and Europe, and has made profits of between $5 million and $7 million in recent years.

Considering the potential impact of the Firefly system on WM's further growth, Paul Rowland agreed to Carmen Kass and Eric's proposal with little hesitation, valuing WM at $60 million at a 10x price-to-earnings ratio.

With a valuation of $60 million, the price of a 30% stake is $18 million.

Carmen Cays now has two contracts, Victoria's Secret has an endorsement fee of $10 million for five years, and Dior Real Me Perfume has an endorsement fee of $5 million for five years. For a model like her who is just beginning to emerge and has not even officially appeared on the Victoria's Secret runway, both contracts are definitely generous.

However, even if all the two sums of money are in her account, minus the high taxes and brokerage company commissions and other expenses, it is not bad that she can get $8 million in the end.

$8 million was obviously not enough to cover the cost of 30% of WM's shares, but she had no intention of turning to Eric, and although $18 million was not worth it to him, she negotiated a contract with Paul Rowland to pay in installments.

So, signing her name on the equity transfer book, she once again felt a little more down-to-earth in her heart. Even if he is not interested in himself in the future, whether it is spiritual or material, she can also get a support, and the profession of modeling cannot be done for too long after all.

I've always felt that even if I don't get a lot of love, it's good to get a lot of money.

One cannot be too greedy.

She was busy in the kitchen, and a pair of arms hugged her behind her, she stopped what she was doing, kissed the man sideways, and said, "I made a ham sandwich." ”

Eric rested his chin on the girl's shoulder and said, "I'll taste it." ”

So he picked up a slice of freshly cut ham and handed it over.

Eric opened his mouth to bite it, tasted it, and said, "Is it okay to eat only ham?"

She curled the corners of her mouth: "Not good." ”

"Forget it," the man said nicely, kissed Carmen Kath on the cheek again, and turned out of the kitchen without disturbing her breakfast.

After a while, she came out with a prepared breakfast, and he was already sitting in the dining room reading the newspaper.

Two breakfasts, his was very hearty, but she was just a fruit salad, because he was there, and prepared an extra glass of milk for himself.

After setting up the two dinner plates, she sat down across from her, watched the man put down the newspaper and began to eat, and inexplicably felt at home, so she asked the man's work softly like a little woman: "Has the technology stock fallen sharply recently?"

Eric habitually took a sip of the milk in his hand first, nodded and smiled: "Yes, I only have $450 billion left now, and in two weeks, I have lost one Bill Gates and one Warren Buffett." ”

She naturally knows Bill Gates and Warren Buffett, and she also knows that Eric's net worth has shrunk by more than $170 billion in two weeks.

$170 billion is enough to buy all of Estonia, or, to be more precise, enough to buy several Estonias.

In private, I was very distressed that so much money was suddenly gone, and I would imagine how I would spend it if I had so much money, but I couldn't get an answer.

She also took a sip of milk while following the appearance of a man, and said, "That's a lot of money, and you can't spend it all your life." ”

Eric listened to the girl and suddenly realized that she rarely called his name directly, and when she spoke to him, she either called him 'you' or looked straight at him, and didn't use any of them.

Noticing the man's eyes, she was a little puzzled: "What's wrong?"

"Found a problem," Eric laughed, "what are you supposed to call me?"

She misunderstood the meaning of the man, her face suddenly turned a little rosy, and she picked and chose between the intimate words commonly used by Americans in her mind, and finally just said: "Ai, Eric." ”

Eric nodded, and was about to speak, when he suddenly realized that he seemed to have the same problem himself.

In public, Eric is accustomed to the dialogue mode of Westerners, but in private, Eric also does not like to call the name of the person around him.

It seems that he has not fully integrated into this world after all.

Noticing that Eric shook her head slightly in a blink of an eye, she was a little apprehensive, hesitated, and whispered, "Eric, what's wrong?"

"It's nothing, I suddenly found out that we are the same kind of people," Eric explained, noticing the girl's expression, and added, "Hurry up and eat, and we'll go to WM later." ”

WM is headquartered in the East Village neighborhood of Lower Manhattan.

Although it was a weekend, the company's headquarters seemed to be much more lively than usual, and the other partners of WM, who usually rarely showed up, were all gathered, and the company was full of warblers, and Paul Rowland gathered all the models that WM could handle, even if they were abroad, and they all flew back in a hurry in the past few days.

Except for a few of the company's partners and executives, no one knew exactly what was going on. Carmen Keys' stake in WM has not yet been officially announced.

Therefore, when Eric appeared at WM with Carmen Keys, it even caused a small amount of confusion.

When he entered the door, he first met Carolina Kokova and Eugenia Volodina, several girls who had a good relationship with Carmen, and Eric took the initiative to greet them.

The other girls didn't understand the inside story, and they were quite reserved, even if they heard some rumors about Carmen Cays and Eric Williams, who were highly praised by the company, but when Eric Williams, a super-rich man, appeared in his company, it still felt a little incredible.

Subsequently, seeing that Eric was so 'close to the people' in front of the Carolina girls, he immediately boldly came up, asking for autographs, introducing himself, and even rubbing oil, so the scene suddenly became chaotic.

Paul Rowland 'freed' Eric from a group of crazy goblins, and everyone went to a conference room together, and ran out to get the girls out of the way, before Paul Rowland came back and said apologetically to Eric, "I'm sorry, Mr. Williams, they didn't know you were coming today."

Eric helplessly looked at the sleeve of his shirt that had been stripped of a button, and could only smile and shake his head, and said to everyone: "It's okay, everyone sit down." ”

Paul Rowland took the initiative to introduce Eric to several of the other WM partners and executives, and then everyone sat down together.

Carmen Kayth sat down quietly next to Eric, feeling a little amused at the man's cuffs, but a little worried at the bottom of her heart, he was a man who could attract women in every way, and she didn't feel that she had any advantage in holding him back.

Paul Rowland was very excited, as long as Eric Williams could be here, it would be a great opportunity for WM.

The development of a modeling agency is ultimately an expansion of resources and contacts.

If you want to promote your models, you must have the resources and contacts of the media industry. If you want to find a job for a model under your company's name, you need a network of major corporate brands.

In either case, the firefly system is definitely a super big backer.

In terms of model promotion, the media resources owned by the Firefly system are enough to even support the small WM company.

In addition to Victoria's Secret, a super promotion platform that can bring brand contracts to models as long as they go on stage, the huge TV media network, Internet media network and even the associated paper media network of the Firefly system are enough to make the models that WM wants to promote become household names as long as they are given a little opportunity.

On the other hand, the entire firefly system can provide countless job opportunities for WM companies.

Originally, he was worried that Eric would be distracted because WM was just a small shrimp compared to the Firefly system, but noticing that Eric was listening carefully to his details about the company, Paul Rowland became more serious, and even dragged out some of the details of the company's operation that he originally wanted to hide from Eric.

Paul Rowland keenly felt that in front of this young man who wielded a huge economic empire, he could gain more trust by being more honest.

However, when I heard Paul Rowland say that more than a quarter of the more than 300 contracted models under WM are 'illegal workers' who do not have U.S. work visas, a worried expression suddenly appeared on his face.

After being in this circle for so long, Carmen Kath naturally knows some industry rules, but she didn't expect WM's problems in this area to be so serious, and even thought that she might have been deceived.

Noticing the flickering eyes of the girl next to him who frequently looked at him, Eric patted the girl on the leg soothingly, and said, "Do you know how many work visas the United States issues each year?"

Carmen Kath shook her head, because she was a special training object of WM, she had already obtained a work visa with the assistance of WM before she came to the United States, so naturally she didn't know much about this problem, and she didn't even care too much about the situation of other girls in the company.

"About 200,000, the U.S. only issues about 200,000 work visas to overseas workers every year," Eric said, turning to Paul Rowland and saying, "Paul, isn't that so?"

Hearing Eric say this number, Paul Rowland realized that Eric obviously had some knowledge of the situation at WM, otherwise he would not have paid attention to the issue of U.S. work visas for no reason.

Somewhat glad that he took the initiative to confess today, Paul Rowland nodded with a smile, and took the initiative to add to Carmen Keys: "Carmen, it is true, but this is not the most important thing. The U.S. issues only 200,000 work visas per year. But in reality, the total number of long-term non-permanent immigrants and even illegal immigrants without visas in the United States exceeds 50 million, and a large proportion of these people need to work to support themselves. As a result, the number of illegal workers in the United States exceeds the number of jobs officially issued by the government by more than 200 times. Moreover, the federal government has acquiesced to this fact, and there is no trouble, and most modeling agencies in the industry, even Elite, are in a similar situation to us. ”

Carmen Cayce listened to Paul Loren's explanation, but looked at Eric again, and she was not relieved until the man nodded approvingly.

Illegal labor is indeed a big problem in American society, and it has even formed a stable existence that has been tacitly acquiesced by the US government.

Compared with the expensive cost of labor at home, illegal labor not only does not add to the already heavy social welfare system of the United States, but also provides the United States with a large number of cheap labor. Many small businesses in the U.S. use illegal workers in large numbers, and as long as there are no problems, no one will bother at all.

Even, if the federal government really wants to take the problem of illegal labor seriously, it may even cause a shortage of sufficient labor in many industries, which will cause a series of cascading social problems.

The modeling industry happens to be an industry where illegal workers are more concentrated.

Compared with those overseas talents with high academic qualifications, it is even more difficult for girls who usually just have a good skin to apply for a visa, not to mention that most girls are not old enough for them to get a formal work visa.

Therefore, many models only hold a travel visa to start their own business in the United States, and this short-term travel visa is still very easy to obtain between Western countries. I just have to return to my home country every three months and renew my visa. Even if the immigration department finds out that it is boring, it will often only turn a blind eye.

Although his stake in WM was only the most inconspicuous investment in Eric's vast estate, Eric was very careful to have a detailed investigation into the state of WM to make sure that nothing went wrong with the company.

Since the use of illegal workers is an unspoken rule in the industry, Eric doesn't pay much attention to it, he has always believed in the principle that when the water is clear, there are no fish. Even if this matter is taken out by someone, it will not actually have any effect on him.

After discussing the operation of WM, everyone began to turn the conversation to the future development of the company.

Talent brokerage companies, in general, often have two paths to choose from if they want to reach the top.

The two companies in the industry, Elite and IMG, happen to be the ultimate manifestation of these two paths.