As if agreed, Miller would not be gone for more than five minutes, and Paul and Andya father and son came over to visit Tang Bao together.

Goldman Sachs Group ......

When Paul appeared, Tang Bao immediately realized which investment institution he represented. Today, Goldman Sachs is far less powerful than it was in later generations, and it has not officially launched a capital investment business, and its business scope includes only agents, consultants, foreign exchange, precious metals and coffee trading.

Goldman Sachs, which has not yet launched a capital investment business, suddenly broke the normal historical trajectory, which is good or bad, and it is difficult for Tang Bao to find out.

Let's be honest.

Tang Baocong has had a very strong mental struggle on whether to accept the investment of Goldman Sachs Group, and he is eager to strengthen the relationship between the two sides through equity investment transactions, so as to use Goldman Sachs' various resources for him. But at the same time, he is also full of jealousy of Goldman Sachs, an investment bank...... lest if you are not careful, you will be yin by Goldman Sachs. Those who know Goldman Sachs' "past" experience will definitely be very jealous of it.

After many days of hesitation, greed triumphed over fear. Tang Bao is still determined to bring in Goldman Sachs Group.

……

Tang Bao also knows that his decision will lead Goldman Sachs to a broader investment banking field in advance, and will also change the historical development trajectory of Goldman Sachs.

Guiding Paul and Andya into the living room, Tang Bao warmly beckoned each other to take a seat and personally brewed a cup of coffee for them.

"Oh, Andya, is there something that has to come so late and can't wait for tomorrow?" After Tang Bao sat down, he pretended to smile in confusion.

The age difference between Andia and Tang Bao is not much, and there have been many contacts before, so Tang Bao can also let go. As for Paul...... He and Paul had only spoken on the phone once, and they didn't know each other. For this senior partner at Goldman Sachs, Tang Bao is not as relaxed as it seems.

What is a simple role that can become a senior partner of Goldman Sachs?

"Don, we're all friends. Why pretend to be confused with me? I think you should know why when you see my father appear. Andya said with a smile.

And Paul didn't say anything except a brief greeting to Tang Bao when he first met, but just sat there quietly and handed over the matter to his son. He knows that young people used to be more likely to communicate with each other...... What's more, the relationship between Tang Bao and Andia is very good.

How could the shrewd Paul waste such resources in vain?

"Uh......"

Tang Bao was slightly stunned, he didn't expect Andia to spread things out so simply, but this is also Andya's cleverness.

After coming back to his senses. Tang Bao showed a smile. In the East West Bank merger case, Andya helped him a lot, removing the biggest hurdle to the acquisition. He owes Andya a big favor. Besides, he has also decided to take the risk of absorbing Goldman Sachs, the future investment banking giant.

Therefore.

Tang Bao agreed to come down with a favor, but it was nothing. Frowning, he pretended to be embarrassed for a long time before he replied helplessly: "Well, Andya, in fact, the remaining equity is basically settled......

"What. Tang, do you mean to say that the 10% stake given up by Phoenix Investment Group has been distributed? Andya was shocked.

Paul, who had been watching calmly, could no longer remain calm, and his face showed anxiety.

"Hmm. Yes. It's all gone! But since you're all open, I can't let you go home empty-handed......" Tang Bao said as soon as his voice changed.

Andya looked happy and asked, "Oh? Don, do you have to increase the upper limit of share expansion? ”

"Increase the cap on share expansion. It's impossible. 10% equity is the biggest bottom line set by each shareholder, and it cannot be changed. I had to kick out the other agencies. Replace it with Goldman Sachs! Tang Bao didn't blink his eyes and rammed all over the place, in fact, how could there be any other investment institutions, which were originally reserved for Goldman Sachs.

"Don, how much equity can Goldman Sachs get?" Paul, who had not interjected, suddenly asked.

“1.215%！”

Tang Bao replied with a light smile.

"Huh? So little! Don, can you ......? Paul tried to ask.

"Mr. Paul, the rest of the equity has been distributed, Bear Stearns, Wells Fargo, Citibank, these have been negotiated, the agreement has been initialed, and there is no way to change it. Only this 1.215% stake can I change the ...... before I sign the final agreement," Tang Bao shook his head.

Goldman Sachs, even if it is introduced, Tang Bao must remain vigilant, and it is impossible for the other party to hold more equity.

Let's be honest.

Even if this 1.215% equity, Tang Bao had thought about dividing it and distributing it to the two investment institutions, but it was the appearance of Andya, and he was embarrassed to only take out no more than 1% of the equity. Therefore, all these shares were allocated to Goldman Sachs Group.

Raise equity again?

Tang Bao would not agree to be killed. Even if he was ready to allocate the 1.215% stake, when Goldman Sachs was weak, he would take the opportunity to raise a new round of financing for Phoenix Investment Group to dilute Goldman Sachs' equity and weaken the other party's threat.

"Hmm. I understand! ”

Hearing Tang Bao say this, Paul couldn't help nodding again and again, Bear Stearns was the first strategic investor, which actually reversed the situation that Phoenix Investment Group's financing and share expansion were on the verge of dying. For Phoenix Investment Group, it is gracious, and Tang Bao naturally cannot reduce Bear Stearns' equity. Wells Fargo has Wagner as a matchmaker, and it is impossible to be kicked out. Citibank and Phoenix Investment Group have always had in-depth cooperation, and it is impossible to be kicked out...... The equity eaten by these three will not be able to spit it out again.

Unless they volunteer......

But.

How could such a thing happen?

"Mr. Paul, if only you could understand my difficulties!" Tang Bao said with a smile, and at the same time promised very happily: "Phoenix Investment Group will definitely give priority to Goldman Sachs Group ...... the next round of financing and share expansion" After saying this, Tang Bao secretly added in his heart, "But if you don't have the ability to continue investing, it's no wonder to me!" ”

"Okay."

Paul was also very happy to receive this promise from Tang Bao. I didn't eat enough this time, and next time I have priority, it can be regarded as an unexpected gain.

Meantime.

I thought to myself, well, bring Andya over this time. It's really right.

"Don, thank you so much......" Andia didn't know what Paul was thinking, he only deeply felt Tang Bao's attention to him.

……

on this.

Tang Bao could only show a faint smile and didn't respond to anything. It would be hypocritical to say that he is a friend, and he and Andya are just a combination of mutual interests. As for whether he and Andya can become real friends in the future, it depends on fate.

They get acquainted because of the bundle of interests, and they can only be maintained by interests......

"Don. Goldman Sachs is a brilliant investment bank with a background in relationships you can't imagine...... You won't regret working together! Paul laughed.

Relationship background?

That's not easy! As for whether you regret it later, it's hard to say. After all. Tang Bao has so many living examples in front of him in his memory...... It is an indisputable fact that many of the companies that work with Goldman Sachs end up very miserable.

Let's be honest.

When he saw Paul's extremely sincere smile on his face, Tang Bao had an urge to immediately regret it, Goldman Sachs ...... The more sincere you are to your partners on the surface, the more ruthless you will be.

I thought so.

Tang Bao's face was impassive, and he said with a smile: "Mr. Paul, I hope that Phoenix Investment and Goldman Sachs can have a happy cooperation!" ”

"Yes."

Paul echoed with a smile. Andya has completed the mission of threading the needle, when talking about Phoenix Investment Group and Goldman Sachs. He didn't interject in any interest.

For a moment.

"Hmm...... Tang, to be honest, there has been in-depth research within Goldman Sachs Group on the investment methods of Phoenix Investment Group! But I haven't caught any rules. Paul said suddenly.

Tang Bao couldn't help but smile and thought secretly. Now there are more than one or two people who study the investment strategy of Phoenix Investment Group, if you can grasp the law, then how can Phoenix Investment Group be mixed. Even if you don't think to death, Phoenix Investment Group's main investments come from future memories in my mind.

"What's right for you is the best. I think that investment should be based on your own analysis and judgment, and tracking and imitation is not a long-term solution. Phoenix Investment Group's investment returns are not the highest. In fact, there are also many small investment institutions whose returns are much higher than those of Phoenix Investment Group......" Tang Bao said with a smile.

"Hmm. However, those whose yields far exceed those of Phoenix Investment Group are all because of their small scale, and there is a great element of luck. Comparatively speaking, Goldman Sachs is more interested in the investment strategy of Phoenix Investment Group! Paul smiled and shook his head, staring at Tang Bao and said.

"Huh?"

Tang Bao's brows furrowed slightly, and Goldman Sachs was more interested in the investment strategy of Phoenix Investment Group...... Is this just a compliment, or is it something else?

He didn't seem to notice Tang Bao's abnormality. Paul still smiled and said: "Tang, after Goldman Sachs became a shareholder of Phoenix Investment Group, I hope to send some partners to Phoenix Investment Group to learn investment experience from Phoenix Investment Group!" ”

"Sending personnel to Phoenix Investment Group?" Tang Bao's face was as usual, and he asked calmly.

"Yes. Tang, the competition in the financial field is very cruel and may be eliminated at any time, and everyone exchanges and learns from each other, which is conducive to everyone's progress together. Isn't it? ”

"Mr. Paul, I would like to ask a question, did you personally propose the proposal to send personnel to Phoenix Investment Group, or did Goldman Sachs have already planned it?" Tang Bao's voice gradually turned cold. Hmph, communicate and promote each other...... It's better to say than to sing.

Forehead?

Paul was stunned, but he also noticed the change in Tang Bao's attitude. Looking closely at Tang Bao's eyes, there was no longer any friendliness before.

"Well, Tang, there is no difference, this industry is like this, everyone communicates and learns together, so that they will not be eliminated ......!" Again, Paul emphasized.

……

Call.

Looking at Paul, who was still smiling very kindly, Tang Bao's mood was unhappily, and after being silent for more than ten seconds, he raised it and took a deep breath. Staring at Paul, who was still expounding on "communication", he said slowly: "Unfortunately, Mr. Paul, I need to think carefully about the cooperation with Goldman Sachs......" (to be continued......)