Chapter 625: YG's New Building
Kim Do-jun didn't expect to see him in the real estate exchange, and suddenly felt a little strange, and thought that he had seen it wrong, wearing a black cap, his hands in his pockets, and a black jacket on his upper body.
With a cautious look, he found a place and sat down casually.
Kim Do-joon thought for a moment, then stood up directly and walked over there.
"Hello, President Yang!"
Kim Do-joon deliberately walked around from behind, patted him on the shoulder, and greeted him politely.
He was originally staring at the big screen of the transaction, but he was photographed twice at once, startled, and quickly turned his head to look twice to see who it was.
"Oh! Daojun, why are you here! ”
It turned out that in front of Kim Do-joon, the president of YG, Yang Hyun-suk, was looking at Kim Do-joon with a suspicious expression, and he couldn't understand how he could see him in this place.
"I'm here to learn the knowledge of real estate, as well as some precautions for development, and it just so happens that the past two days are a little free, so I'll come over, what about you?"
Kim Dojun looked at the vacant seat next to him, saw that there was no one around, sat down, and immediately responded.
"Learning about real estate? It's true? Did you kid buy land? Ready to build a house? ”
President Yang Hyun-seok is Kim Do-joon's senior, and he is the eldest senior, but because Kim Do-joon is not his company, he is not very afraid.
In addition, I have been studying in the United States for so long, and I don't have a good impression of this kind of courtesy, so I speak casually and not too politely. Of course, when honorifics should be used. I still use honorifics.
Yang Hyun-seok still felt a little strange. No matter how lucrative Kim Do-joon's contract is, no matter how many advertisements he receives, it is impossible for him to have the financial strength to buy a piece of land.
You must know the high housing prices in Seoul, especially in Cheongdam-dong, Myeongdong, and Seongsu-dong, even if you are yourself, you can't bear it.
What's more, a hiphop singer who only debuted last year?
Kim Dojun hurriedly waved his hand, shook his head, and said with a slight smile.
"It's still on the sidelines. Don't make a decision so quickly! Check out the opportunities! By the way, President Yang is here, he won't be like me, just here to learn knowledge! ”
Kim Do-jun looked Yang Hyun-seok up and down, dressed simply and casually, without the appearance of the president at all, but with a very hip-hop taste, it is indeed a brokerage company with a unique banner in the entire entertainment industry, from top to bottom, from the boss to the artist. Almost all of them follow the same style.
Hiphop music, rapper. Whether it's a male artist or a female artist, it seems that only by speaking well and singing well can you have a foothold in YG.
Yang Xianshuo pursed his mouth, it seemed that it was a little difficult to answer, the flesh on his cheeks bulged, touched his nose, twitched, and then said lightly.
"It's time for YG to change buildings!"
"What? You repeat? ”
Kim Do-jun didn't hear it very clearly, he plucked out his ears, Yang Hyun-suk's voice was too small just now that he couldn't hear it at all, and people who didn't know thought he was talking to himself!
"I've been coming to this property every afternoon for a while, I want to see what's good, YG has been established for many years, and it's always been in the same place, and the conditions weren't very good before, and the profits weren't very high, so I didn't have the idea, but now it's time for YG to move and move to a new building!"
YG's former IDF was an old building that had been in use since 1997, and it was very simple and rented, which was very inconvenient.
For YG, BIGBANG's successful debut has already laid a very good foundation for the future, so it will need a new environment for future business expansion, studio expansion, and trainee training.
Yang Hyun Suk didn't want to say it, first, he is the president of the company, his identity does not match, and he is a senior, although he admires Kim Do-joon, a junior artist, but he always feels that it is not good to tell him.
After all, it hasn't been formalized yet, and it would feel inappropriate to tell him rashly.
Later, I thought about it, isn't Kim Do-joon a top student who graduated from Yale University? I heard that I still learned business management, such a talent is in front of me, why not seize this opportunity and ask him face to face, and with my own understanding, the reputation of the Leessang group in the entertainment industry has always been very good.
The person who can be favored by Gary and Ji will not be very bad if he thinks about it, besides, he didn't just write a song for Bigbang, and even the MV was directed by her, although it was his debut film, but after watching the MV, I had to admit that he was really a highly educated singer, and he had his own ideas, and even the shooting of the MV was different, focusing on the description of the story, and the whole MV was like a small miniature version of the micro-movie, which was very good.
So much so that I secretly praised him in private, and it would be a pretty good thing if such a person could come to YG.
After thinking about it, I decided to say it.
After listening to this, Jin Daojun raised his head slightly, looked at the information on the LED trading platform in front of him, and immediately responded.
"Buying a new building? Did President Yang build it himself? Or buy ready-made? ”
"Of course I built it myself, it's so possible that it is ready-made, it's too expensive to afford, and I won't buy land near the Jiangnan area, the price is too high!"
Yang Hyun-seok shook his head decisively, the current YG cannot be compared with s.m and JYP, although it is said to be the three major entertainment companies in South Korea, but the economic strength is the weakest at this time.
The days of Bigbang's debut are not very long, and the income is not particularly high, after all, it is just past the newcomer, even if it is advertising CF, endorsements, and commercial performances, the remuneration received, from the company's point of view, is still a little humane, and there is no excessive share, which YG still does very well, giving artists a very relaxed and free space.
In addition, YG now has only one group, and they are needed to maintain the daily operation of the company, and of course they must take care of them wholeheartedly.
Let's talk about why Yang Hyun-seok goes to this real estate exchange every day. Just look at what places are very good in terms of location and price. Take it down in one fell swoop.
This is different from the presidents of other companies. Yang Hyun-seok has a sense of crisis, and if BIGBANG's album is not successful, the impact on YG will be immeasurable, because all the resources, money, and manpower are invested in it, and if it fails, it will be doomed, which is why he chose to go to a real estate company. See what places are worth shopping on your own.
Land and buildings are the core things that maintain value.
Kim Do-jun touched his chin, thought for a while, and continued to ask.
"Then President Yang is not optimistic about anything now, I can help you consult, I still have some experience in the economy, investment, and financial management, and I also did a small business when I was studying in the United States, so I am also ready to buy a piece of land when the land price falls!"
Just as Kim Do-joon said this, he had already strengthened his determination to acquire SK Group's land. I have been restless for the past two days, thinking that I may have made a wrong decision. I can't sleep, and because of this, I choose to come here to visit and relieve my anxiety.
"No wonder, I said how could you come here, I can't see that you are also rich!"
Yang Xianshuo suddenly teased and responded with a slight smile.
"What's the matter, it's just a small business, it's not worth mentioning, let's listen to President Yang's good ideas!"
Kim Do-jun hurriedly retorted, without explaining too much, and quickly covered up the past and continued.
"Hmmm! I am optimistic about a place, although the surrounding environment is not very good, are uphill and downhill, and there are some small alleys, but the future potential is great, the most important thing is that the price is not very high, I asked, there are about more than 2000 square meters, the area is quite large! ”
Yang Hyun-seok hurriedly spoke, hoping that Kim Do-jun could help him analyze how this piece of land was.
"Where?"
"Hajeong-dong, Mapo-gu"
When Jin Daojun heard this, he was immediately happy, isn't this close to Brother Ji's house?
Mapo has always been dominated by middle-income families, but there are also some middle-class people living there, which is a mixed place of Arowana, unlike Gangnam, Gangdong, and Songpa, where the rich and wealthy gather, and high-end neighborhoods abound.
Therefore, it is also very good to choose that place, at least the future potential and development far exceed other regions, such as the Jiangnan region has developed to the end, and it will no longer be able to tolerate it, just like a bowl, it can only hold so much water, and if there is more water, it will overflow, and everyone understands this truth.
Kim Do-jun suddenly thought of a question and felt a little embarrassed, but he still asked.
"President Yang......"
Before he could finish speaking, he interrupted him.
"Don't call me President Yang, I'm older than you, or your senior, just call me brother, Zhilong, Shengli they all call me president, you're not our company, I can't force you, just call it that!"
President Yang, President Yang, calling back and forth, feeling very uncomfortable, not only Kim Do-joon, but even Yang Hyun-seok himself felt a little awkward.
"Brother, let me take the liberty of asking, is it your own private property or YG's money to buy this land?"
glanced at him cautiously, for fear that he would say the wrong thing, these things are indeed somewhat private, and they can't be asked casually.
But fortunately, the usual relationship is not bad, and I have met a few times, so I don't have so many scruples.
Yang Hyun-seok smiled after hearing this, patted Kim Do-jun's shoulder, and immediately spoke.
"I knew you were going to ask this question, and I wasn't embarrassed, since it was YG's new building, it must be my personal property, and I wouldn't use the revenue from bigbang's albums, events, and advertising to build the new building, and it would be very difficult to buy land with the company's money, and the money had to be used to pay for the production of the new album, the shooting of the music video, costumes and props, overseas events, the training of trainees, the renewal of studio equipment, etc., which were valuable places, so I decided to take on debt. Go to the bank and take out a loan to build this new building! ”
In fact, YG in '08 is still developing very rapidly, and the success of "Lies" has almost made the debut BIGBANG win a lot of awards, whether it is the newcomer award or the main award. Or the Single Award. It's all in the bag.
And JYP's wondergirls became the most dazzling male and female group. Suppressed JYP's upcoming debut rookie boy group and S.M's Girls' Generation.
Although the popularity is there, the album sales are there, and the company is much more generous, Yang Hyun-seok himself doesn't have much money, as early as when he was watching this block, if there is so much money, why come over every day?
It's not a simple purchase, it's a no-brainer. But because of this, he decided to borrow money from the bank and use his shares as collateral to obtain the loan he needed.
If the price of the land is alone, Yang Xianshuo's personal property is still no problem, and it can be paid, but the cost of construction alone far exceeds the budget.
I found a design company and made a plan for a building. A simple budget, a new seven-story building. The cost of construction, decoration and equipment far exceeds the cost of buying land, not counting the cost of renovating equipment, it has exceeded 10 billion won, nearly 60 million yuan, which is not a small amount, and it is cash.
As a result, Yang Hyun-seok had to mortgage his shares in exchange for the loan he needed, and he had to return it on time in accordance with the signed contract.
It's not so much about building and repairing the building, but about the risk of going into debt.
"Do you need to do this? Still short of money? ”
Kim Dojun bit his lower lip, and he already had some ideas in his heart, but he didn't know whether it was appropriate to say it, but instead of giving it to the bank cheaply, it was better to keep it to himself, it depended on what he thought.
"Hmmm! There is a lot missing, if I put all my net worth and savings into it, there is still a gap of 6 billion to be able to complete it all, which is still an ideal state, in case of delay or other factors, it may rise! ”
Yang Xianshuo's face was embarrassed, and he responded in a hesitant manner, now that the financial crisis is now, the banks are tightening their banks, and they will not lend out easily.
Even if you need a loan, you should put it in the large chaebol enterprises of Samsung and Hyundai as soon as possible, so as to avoid that after the loan is completed, the company will immediately declare bankruptcy or cannot repay it, which will outweigh the losses.
"6 billion, it's still not a lot, it's not a big problem!"
Kim Do-jun made a simple bargain, that is, less than $10 million, and Kim Do-jun didn't care about this money.
Not to mention anything else, if he lent it to him, he wouldn't be able to repay Yang Xianshuo just this favor.
To put it mildly, if the bank does not approve the loan, but he really wants to take the land, in the end there is no way, whether he will borrow usury is not clear.
Almost everyone knows that 70 percent of college students have borrowed loan sharks to fall in love, or buy electronic products, watch movies, shop, and so on.
In addition, Kim Do-joon also wants to use this opportunity to become closer to Yang Hyun-suk, and YG is one of the most promising companies in the future.
For S.M, he doesn't look down on Taeyeon just because he is his girlfriend, on the contrary, S.M is the least optimistic about him.
Pursuing too much profit, not treating artists as their own family, but becoming a consumer commodity, has no human touch at all, and it is not at all comparable to JYP and YG.
The second point is that too many political and chaebol companies have joined the company, making the company not very pure, and it is easy to be affected by political turmoil, and a general election will almost kill S.M company.
Finally, S.M. has taken too much importance to overseas interests, such as Japan, China, Thailand, Singapore, and even the United States, all of which have great ambitions, and S.Mtown has also started to operate globally, and concerts have officially come out, and they are ready to open all over the world in the future.
It seems to be indeed fruitful, with high overseas revenues and high box office receipts for every concert.
This is understandable, the company is in pursuit of profits, and the artists can get more income for overseas activities, and they are all tired of it.
But they all ignore one point, you are a Korean artist, and your roots are in Dabenmei, in Korea.
And South Korea is a country where idol artists are changing very quickly, don't think that the heart of rice is very stable, no matter how long it is, no matter how much rice you have, you will slowly break away from the original idol and like other artists.
If they are all so loyal, 50 million Koreans are only how many young people. Why this combination has hundreds of thousands of fans. Another group also has hundreds of thousands of followers. How can there be so many people.
In addition to the repetition inside, this number is really worth scrutinizing.
And if the foundation is unstable, let alone continue to stand at the top, the company will also have their considerations, whether this combination is not suitable to continue to exist, and whether it is necessary to speed up the time to launch a new group to replace them.
Over time, they have become real out-of-fashion artists.
"Brother. I have an idea, I don't know if it's suitable or not, anyway, I say it, if there's something wrong, please don't be angry! ”
Kim Do-joon stuck out his tongue, lowered the brim of his hat, and said worriedly.
"No problem, if you have something to say directly, but there is one thing, don't learn from my vocal cord imitation!"
Yang Hyun-seok was still half-joking. Tempered the atmosphere, and his vocal cords mimicked. However, almost all of them in YG have to learn personal skills, and Victory is the one that can be imitated in the best way, and it can almost be faked.
"Brother, I'm not from YG, I'm from Jungle!"
Kim Do-jun smiled awkwardly, touched his hair, and immediately responded.
"Okay, don't be poor, say anything quickly!"
Yang Hyun-seok patted Kim Do-jun on the back and urged, the more this is the case, the more he hangs his appetite, and he is uncomfortable to death, so it is better to say it happily!
"If I had 6 billion and could lend it to you for free, would you accept it?"
Kim Do-joon leaned over next to Yang Hyun-suk, lowered his head, and whispered in his ear.
"What? It's true? ”
After Yang Xianshuo listened, he actually stood up in an instant, and the people in front of him turned to look at the two people, thinking that it was someone, and suddenly stood behind and shouted.
"Of course it's true, why am I lying to you!"
Kim Do-joon quickly pulled him to sit down, and the province was noticed by others, and he was also the president of YG, so he was scared by such a little thing.
"How can you kid be so rich, is it a chaebol family? No, I've read your information, except for Wonbin's younger brother, he was born in an ordinary family in Gangwon Province, and I heard that there was a flower shop at home, didn't I say that? ”
In the eyes of those who care, Kim Daojun's little information has long been inquired clearly.
Moreover, Kim Do-joon's official website also has these basic information, and there is nothing to hide as soon as you search for it on the Internet.
What really surprised Yang Hyun Suk was that Kim Dao Joon was only in his early 20s, and he had such a large amount of money, which was really shocking.
"Where is the chaebol, I earned it by investing when I was studying in the United States, and I didn't give it from my family!"
Kim Do-joon pursed his lips and replied.
"Then why do you want to lend it to me for free, you kid is studying abroad, shouldn't you chase your own interests? With this money, you can do a lot of investment business, put it to me, it's not a matter of one or two years, at least at the moment I can't see that I can pay off your money in three years, of course, it's my personal income, and it has nothing to do with the company! ”
Yang Xianshuo has done a good job of this, the company is the company, in addition to his own shares, and the remuneration received according to the position, the rest is the company's money, which cannot be moved.
And many presidents, who are still listed companies, treat the company's money as their own money, use it as they want, spend it as they want, and don't care at all, as if they are the biggest in the world.
"It's just that I lend it to you if you need it, there is no other purpose, instead of borrowing from the bank, you still need to pay a lot of interest, it is better for me to take the initiative to stand up, anyway, I have this money, don't you say?"
Kim Do-joon began to convince that it would not be easy for Yang Hyun-seok to accept his offer.
We must consider it in all aspects, whether there are risks, whether there are gains and losses, what are the benefits to yourself, and what are the disadvantages, all of which need to be carefully analyzed.
"If I borrow it, how long will it take to pay it back to you!"
Yang Xianshuo lowered his head, touched his chin, and said seriously, he didn't want to borrow it today, wait for the start of work, or after a while, he would have to go back, it would be really troublesome.
If that's the case, you might as well borrow from the bank!
"No, just return it to me according to the agreed date, this time I helped my brother so much, I have encountered any difficulties in the future, or need help, don't refuse!"
Kim Do-joon smiled and immediately spoke.
The two of them discussed the details again, especially the interests of the funds, the confidentiality agreement, and the notes and agreements of the loan, etc., and discussed them one by one, until the end they shook hands and made a deal.
"Daojun, thank you really this time, without you, I'm still hesitating!"
"No thanks, I'll go back and arrange for someone to transfer the money to your account, if there's nothing to do, I'll leave first, the company still has some things, and I've been writing songs recently!"
Kim Do-jun smiled slightly, stood up, tidied up his clothes, and spoke.
"Hmmm! If we have the opportunity to come to the company, we can discuss how YG is a company that specializes in hip-hop music, and there are still some things that you can't learn at leessang, so I will introduce you to our producer in a few days, and he has told me several times that I will have a chance to meet you! ”
Yang Hyunshuo said with a smile, and also stood up, ready to go back to the company to arrange these things.
"Oh? It's Brother Teddy! Ok, I know, if you have a chance to call me, I'll go over it, by the way, brother, is Dacheng good at singing trot? ”
Kim Do-joon suddenly remembered that once Ji-ryong had told him about this, it seemed that Daesung liked and was good at singing trot, and that the song he gave to Sunny could not be published.
It's better to make another version, change the lyrics a little, and let Dacheng try it.
"yes, how do you know, the singing is not bad, why are you interested?"
"No, I wrote a trot and want someone to try it, why don't you let Dacheng come over and help me try it?"
Jin Daojun said shyly, I just helped others, and I was a little embarrassed to ask others to do things when I turned around.
"Okay, I'll call their agent later, ask him to contact you, you see when you have time, let Dacheng go over and try it!"
By the time Kim Do-joon returned to the company, he had already received a call from BIGBANG's agent, and he couldn't wait to tell himself.
"Dacheng is free tomorrow, you can come over!" (To be continued......)