Chapter 34
Chapter 34
I searched for startup related materials on the internet.
Unlike listed companies, it was not easy to obtain information on unlisted companies. Clearly, there is a limit to the data that an individual can access only by searching.
I first read the material I found on the internet. It was written plausibly, but most of it was watermelon licking.
Well, if it was really important data, I wouldn’t have put it up for everyone to see.
That’s why we need the help of industry officials.
As I raised my face and scratched my head, Taek-gyu asked.
“What’s wrong?”
I presented the material I had read to Taek-gyu.
“It’s in Korean, would you like to read it?”
“Give me.”
Taek-gyu received the material and read it.
As he drank coffee and looked at the material again, an email notification rang.
Tiling!
You’re finally here!
I quickly opened my mailbox. The caller is Hyun Joo unna.
[I just checked because I was crazy. Send the materials you already have as soon as possible. I’ll send the rest as soon as I find it]It seems crazy busy. It will be more like the end of the year.
I printed out all the PDF files attached to the mail. The printer spit out the paper incessantly.
“What else is this?”
Golden Gate, a global IB, has branches around the world and several investment companies under its umbrella. One of them is a company that specializes only in startup investment.
Startups in need of investment knock on doors here and there with a plan full of ideas and passion.
The world’s best talents working at Golden Gate carefully review the plans, select startups with growth potential, and make investment decisions.
Taek-gyu asked after hearing the explanation.
“Then is this the list of startups Golden Gate has invested in?”
I shook my head.
“No, it’s the other way around.”
Founders who challenge new industries have ideas and passion. However, ideas and passions do not directly lead to merchandising.
There are countless experiments and trial and error before ideas and passions become reality. This process is called scale-up.
Money is needed to withstand the scale-up process and bring a commercial product to market. So startups are looking for investors.
Even if you are lucky enough to receive an investment, not everyone is successful.
When it comes to making it, it fails for all sorts of reasons, such as a poor product, insufficient investment, being too ahead of its time, bound by regulations, caught up in a patent dispute, and a competitor releasing a better product faster.
To borrow Tolstoy’s words, “Successful companies all succeeded for the same reason, but failed companies failed for their own reasons.”
There is no need to worry about companies that have succeeded in attracting investment through the passing of the plan. After all, those companies will be able to find investors even if they aren’t us.
What I noticed was the startups that were dropped out.
I said to Taek-gyu.
“It is our job to find a unicorn among them.”
* * *
Data came pouring in via email.
While I was reviewing the material, Taek-gyu printed it out, organized it, and handed it to me.
The printed data piled up like a mountain. There must be so many startups looking for investors.
Since the data came from Golden Gate, the number of American companies was the largest. But there were other nationalities as well.
From developed countries such as the US, Canada, Australia, UK, France, and Finland to emerging countries such as China, India, Indonesia, Vietnam, Cambodia and the Philippines.
I reviewed the plans one by one.
“Eat it because it’s late at night.”
“Huh.”
I looked at the clock and it was almost midnight.
On the living room table, Taek-gyu’s Kimchi stew and Jeyuk-bokkeum were set. Neither of them knew how to cook, so they had all meals delivered.
Fortunately, not only pizza and chicken, but also stews, soups, and even sashimi and course dishes were all delivered to the house.
This time, the menu was changed as I barely ripped off what I was trying to order at a Chinese restaurant.
“Huh, humans have evolved enough to survive without even stepping out of the house.”
“·················ogue.”
Humanity, who used to live a hunter-gatherer life, can get food with just a few clicks of a smartphone. In a sense, evolution is right.
“When you eat, put down your papers. It’s not like nothing happens if you don’t see me for a while.”
“Uh, okay.”
I put down the material I was holding in my hand for a moment.
Taek-gyu turned on the TV. Celebrities gathered at the year-end awards ceremony were preparing for the new year. The small Bosingak was shown in a split screen at the bottom.
Around 11:50, the screen changed completely, Bosingak appeared on the main screen, and the awards ceremony hall was changed to a small screen.
The reporter exhaled white breath and said.
[······ Despite the cold weather, many people are coming out around Bosingak to welcome the new year. I hope that your wishes come true in the new year. Now we have about 10 minutes left until the new year.]The area around Bosingak was bustling with people. The reporter interviewed the families who came from the countryside and told them about the situation at the scene.
“Have you been there on the 31st?”
“no. If I had to go, I would only come to watch people. It’s nice to see you at home.”
“It is not.”
When the clock shows exactly 12 o’clock.
The reporter said vigorously.
[Then shall we all shout together? 5! 4! 3! 2! One!]Occasionally! Occasionally!
The bell bell rang. A new year has finally begun.
Taek-gyu said while eating.
“Happy New Year.”
“Oh, you too. Happy New Year.”
I don’t really care about such things, so I skipped it, but this time, I feel a new emotion.
Is it because you have gone through so many things in such a short amount of time?
“But don’t you think we did really well?”
“What?”
“just. whatever.”
He knew what he was trying to say.
Thanks to Taek-gyu finding the Vantcoin encryption key, I suddenly got 13.6 billion won, and I made that money into hundreds of billions of dollars with my foresight.
Before he was discharged from the military, he was on the brink of poverty, but now he is contemplating which company to buy.
If you have done this, it will be enough to praise yourself for doing well.
“Let’s do better this year.”
* * *
New Year’s morning dawned.
Her mother visited her house early in the morning with her luggage in her hands.
“Best wishes for a Happy New Year.”
“Happy New Year to both of you.”
The mother put the first things she had brought into her refrigerator. The empty refrigerator was filled with side dishes.
“The refrigerator is this big, and there is nothing to eat,” she said. Are you eating your meals every now and then?”
“I am eating well.”
In fact, if you’re hungry, you eat, or if you don’t, you often skip.
“But why does your face look so tired?”
“I didn’t sleep well last night.”
She looked at the material until late and fell asleep. Have you slept for three hours?
On the other hand, Taek-gyu, who went to bed early and woke up early, was energetic.
“I’ll show you the house.”
Following Taek-gyu’s guidance, the mother looked around her house.
“The house is nice. But why are you so messy?”
Because they don’t clean. Should I even hire a housekeeper?
“Since there are two men, I knew it would be like this.”
Her mother took her rubber gloves and detergent out of her envelope.
When did you come ready again?
Then I started cleaning the bathroom first.
“I’ll do it, ma’am.”
“I can do it alone, so Taek-gyu is resting too.”
“No. I like cleaning.”
If you like it, why didn’t you do it earlier?
Taek-gyu himself went out wearing rubber gloves. While my mother and Taek-gyu were cleaning the house, I kept looking at the startup plans.
Cleaning was only finished at lunchtime.
My mother went shopping for her at a nearby mart and made rice cake soup. We all sat around the table and ate rice cake soup on New Year’s Day.
Mother asked indifferently.
“Are things going well?”
“Yes.”
Even if you don’t express it, you seem to be very worried.
“Health is more important than money, so don’t overdo it. Always beware of scammers.”
“Do not worry.”
Unlike me, who nodded his head dryly, Taek-gyu spoke softly.
“I will take good care of Jinhoo.”
“Yeah, Taek-gyu. Would you like to eat more rice cake soup?”
“Yep.”
After the meal, the mother cleared her kitchen and put on her shoes.
“let’s go together.”
I went out with her to see her mother off.
“Still, the house is very nice. The location is good and there is a park in front.”
“How about living in Gangnam? You can get it in a better place than Dongtan’s house.”
Mother shook her head.
“done. I like the house your father built.”
If she hadn’t had money, her mother would still be struggling. And I wouldn’t even dare to buy the house back.
Maybe that’s why she has to work hard to earn money.(Read more @ wuxiax.com)
I forced my mother to take the bus to a taxi.
“I’ll come again, so I’m eating well. I put frozen soup in the refrigerator, so I boil it and eat it.”
“I see.”
“Be strong, my son.”
“Please go in carefully.”
Watching the taxi leave, I was motivated.
“Shall we start again?”
* * *
It is difficult to judge the success or failure of a business by reading only the plan without a discerning eye.
Among them, there are things that surprise you, saying, ‘How did you come up with this idea?’, while others think, ‘You came up with this as an idea.’
Businesses that are easy for investors to understand often have successful models already established in the market. A completely new business has no market at all. In this case, supply must create demand to create a market.
Either one will succeed or not, you have to try.
Taek-gyu again piled up a mountain of materials in front of me.
“Is this all?”
“About half. The rest are being picked up again.”
“······Damn it.”
To review everything, wouldn’t it be enough to hang around all week?
“Take it easy.”
“Probably Hyunjoo noona, this is her daily life.”
Whether domestic or overseas, senior IB executives are mostly male. The reason is the male-dominated corporate culture and the glass ceiling, but it is because the work intensity is so strong that it is difficult for women to physically endure it.
You must monitor the stock market, bond market, and commodity market on a daily basis, and be aware of government policies and trends in the global economy.
It is basic to go to work early in the morning and leave late at night, and when you are busy, you have to do all kinds of work at home after work.
This is the same for Koreans and foreigners.
The European stock market opens before the Asian stock market closes, and the US stock market opens before the European stock market closes.
This is the reason why financiers whose annual salary exceeds hundreds of millions of dollars are unable to bear it and are resigning.
Maybe Hyun-joo noona can’t sleep well even three or four hours a day.
Again, I thought it was great. It’s not enough to enter Golden Gate, which is called a dream job in the financial world, and even to be promoted to a team leader.
It’s a question of whether or not a lot of hard work can be added to the innate talent.
On the other hand, Taek-gyu has no motivation in everything and has a laid-back personality. He’s really quite the opposite, so it’s hard to believe that they’re siblings.
As a result, Taek-gyu earned a lot more money than Hyun-joo’s older sister, who studied and worked hard. This is thanks to the launch of the Suseong Electronics put option following BANTCOIN.
That’s why life is so unpredictable.
It wasn’t a lot of work that I could handle alone, but I couldn’t get help from others either. Because no one else has the same ability as me.
So, unlike me, who couldn’t sleep well and worked, Taek-gyu was full of leeway.
Did you know that this bastard was going to be like this and passed all the shares on to me?
