v3 Chapter 768： Arthur Blanks attitude (2/2)

Before they knew it, everyone came to Arthur Blank's office and took a break for coffee.

”Mr. Xia, I have a certain understanding of Atlanta Capital Corporation. It seems that I have never seen your company before.”

Arthur Blank asked euphemistically, looking straight at Xia Yu.

Xia Yu heard the words, put down the cup, and smiled calmly: ”Mr. Blank, my company is not in Atlanta, but in San Francisco. It's normal if you haven't heard of it. I also came to Atlanta this week.”

”I just invested 50 million US dollars in Turner Broadcasting Company a few days ago. Of course, this news is not known from the outside. Please keep it secret.”

Arthur Blank's eyes widened and he asked incredulously: ”50 million dollars to invest in Turner Broadcasting Company?”

As an entrepreneur, newspapers are a must, and Turner Broadcasting Company is Atlanta's media giant, it is difficult for him to understand.

It is precisely because of knowing too much about Turner Broadcasting Company that Arthur Blank could not believe it.

Now even ordinary citizens are not optimistic about Turner Broadcasting Company, thinking that Ted Turner has gone the wrong way, waiting for him to hit the wall.

But now I suddenly learned about this news, it is too hot, if it spreads out, it will definitely cause a huge public opinion sensation!

Of course, he will not say to the outside world, now he is more concerned about the strength of Polaris Capital.

If you can easily take out 50 million dollars to bet on Turner Broadcasting Company, your strength is definitely strong. These 50 million dollars are enough to buy two or three Home Depot companies.

After all, Home Depot now owns three shopping malls, and the monthly net profit earned for the company is only about 150,000 US dollars. It is estimated that it is less than 2 million US dollars in net profit in a year.

But like retail companies, as long as they are properly managed, they rely on scale to make profits. The larger the scale, the lower the ratio of compressed costs, the higher the profitability and the larger the scale of profitability.

If Home Depot had enough capital, he would have expanded in big strides long ago, which is like using revenue and loans to slowly open new stores.

Arthur Blank nodded earnestly and promised: ”Mr. Xia, don't worry, I will keep this secret!”

After speaking, Arthur Blank asked with concern: ”Mr. Xia, your Polaris Capital Company is so strong, which areas do you generally invest in?”

Xia Yu glanced at him and said calmly: ”Because the company has relatively abundant funds, there is no limit to which field to invest in ~ As long as it is a company with potential to invest, and it is determined to invest in it, it is generally We are not interested in fighting for small goals, starting at 10 million dollars. Last month, we just invested 170 million dollars in a company called Genentech.”

Xia Yu performed the same trick again, deliberately showing the strength of Polaris Capital.

However, as the saying goes, one trick is eaten all over the world.

No matter how old you are, the key is to use it!

Sure enough, Arthur Blank was startled again, of course, an information point that Xia Yu deliberately said also made him frown.

That's a ten million dollar investment!

This is how to do?

The value of Home Depot today is less than $20 million. Even if Polaris Capital has guaranteed a minimum investment of 10 million, the company will have to change its name to Polaris.

After all, when the Home Depot Company was founded, they had already received too much capital. Although it was scattered, many of which were investment from suppliers, this could not change the fact that most of the company's shares were in the hands of other shareholders.

He and Bernie Marcus’s combined equity is only 52%!

Can be the control company!

Of course, although there are many shareholders, their holdings are very scattered, which poses no threat to them.

But once the equity is concentrated in one family, it is dangerous for them!

Thinking of this, Arthur Blank gradually calmed down.

Although Home Depot needs capital investment and Polaris Capital is strong enough, the disadvantages and risks are too great!

No matter how much he needs funds, it is impossible to sell the company?

The company is not its own, so what is the use of more investment?

He and Bernie Marcus have only been struggling to start a business for two years and are planning to run the company wholeheartedly.

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