Chapter 70
Chapter 70
Not to mention the price of a server, they had not even been able to afford to pay their own salaries for the past few months.
If they did not earn anything in the short term, Terizone could only go bankrupt.
Terizone was currently going through its toughest time.
Plenty of investors had approached them due to KK, which had the largest number of users in the country. However, they were either greedy in terms of their demands or pessimistic toward Terizone’s future development.
In short, they just could not agree on anything.
Hudson was eager to obtain an investment. He had even thought of selling KK. His ideal sum was a million dollars, but the only boss who was interested only offered up to a maximum of 800,000 dollars. A disagreement thus occurred due to the difference of 200,000 dollars. This content is © NôvelDrama.Org.
This would become a major joke in the future. That boss missed out on the opportunity to invest in a trillion-dollar company just because he could not bear to pay an extra 200,000 dollars.
“Yes, I intend to invest ten million dollars.” Jasper threw out a shocking statement in a calm tone.
“Huff! Cough!” Logan choked on a mouthful of food and instantly spat it out.
His spit landed on Cameron, who was seated opposite of him. However, Cameron did not bother to go after Logan for spitting on him as well. His eyes widened. “How much did you say?! Ten million dollars?!” he asked in utter disbelief.
It felt as if Jasper had just pulled out a royal flush in front of them while all they had were pairs of threes. (TN: royal flush and pairs of threes refer to cards dealt in a game of poker. A royal flush is the
highest hand in poker.)
Unlike Zaine and the others, Hudson did not show such an exaggerated response toward Jasper’s proposal. Instead of excitement, worry overcame him when he heard about the sum of money Jasper would like to invest.
Based on Terizone’s current net worth, ten million dollars was enough to buy two to three companies of the same net worth. The fact that Jasper was willing to offer such a large sum of investment meant that he really looked highly upon Terizone. On the other hand, this meant that… Hudson’s ownership and rights to Terizone would likely be relinquished.
This went against Hudson Moore’s basic principles.
When a company received an injection of capital from an outside party, the founders would not be able to develop the company according to their own ideas. Would this brainchild of theirs still belong to them?
Jasper could tell what Hudson was worrying about instantly. He continued to speak, “Yes, ten million dollars. It will be a cash injection, but not a full-scale acquisition. I want 51% of the company’s shares. You guys can have the remaining 49% and distribute it amongst yourselves however you want to.
“In other words, I don’t care how you divide the shares among yourselves, but I cannot have less than 51% of the company’s shares.”
Hudon let out a dry laugh. “51% of the shares exceed the proportion of shares owned by a majority shareholder. How is this any different from a full-scale acquisition?”
“It is different from a full-scale acquisition because I’m only going to formulate the major strategic policies, such as coming up with ways to increase Terizone’s profitability, whereas you guys will have the final say on the specifics in company management and operation. I will not intervene.”
Jasper put down his spoon. Although he had a calm expression on his face, his stance was domineering and overbearing.
Amazed by Jasper’s strong demeanor, Hudson furrowed his brows without saying anything.
“Zaine, what do you guys think?” Hudson asked while turning to look at Zaine and the others.
Zaine and the others were beyond excited.
“What else do we need to say about this? Of course, we’ll agree to it wholeheartedly!” Cameron said excitedly.
“Mr. Laine has already said that he won’t intervene in the management of the company. He’ll also help us achieve profitability. Isn’t this exactly what we dreamt of?”
Jasper chuckled. “Exactly. Don’t think that the shares you own are little. Think about this instead. With a capital injection of ten million dollars, the 49% of shares you guys own will be worth up to five million dollars. Even if you resell the shares, you’ll earn a huge profit.
“Besides that…”
Jasper paused momentarily. He then stood up and continued speaking with a confidence that bordered on arrogance.
“In the future, Terizone will become an invincible company with a market value of up to trillions of dollars.
You’ll have the largest user base in the world, and you’ll earn up to millions of profits every second. You guys will change the way humans communicate!”