Chapter 58
Chapter 58
Sangyeop looked at me and asked.
“What do you mean?”
“Just looking at the economic indicators and news these days gives me an ominous feeling.”
It is said that crises come without warning, but it is not impossible to notice the signs if you keep your eyes wide open and look closely.
For example, before the IMF, the won was overvalued compared to the Korean economy, and before the subprime mortgage crisis, the delinquency rate of mortgage bonds was increasing.
As always, the truth is hidden in lies, and finding it is not easy. Even a few days before the IMF, the economic ministry shouted that the Korean economy was okay, and even just before the sub-prime mortgage crisis broke out, mortgage bonds were maintaining a triple A rating.
c.
Of course, I haven’t really figured out anything by analyzing all kinds of economic indicators. I literally just felt that way.
When I was discharged from the army, I was just a kid who accidentally acquired superpowers, but a lot has changed since then.
At least a year wasn’t wasted. I don’t know how it affected my superpowers, but it was clear that at least my ability to use them improved.
It’s still the same as not being able to control as I set my mind, but instead my senses have become much sharper.
Perhaps because of that, even if Yeji didn’t come to mind, the feeling first reacted.
What I’ve been feeling lately is the calm before the storm. There seems to be no problem right now, but the fear that a storm is coming soon.
I said with a smirk.
“I’m not quite sure yet.”
Sangyeop’s expression changed seriously.
“no. If you think so, there must be a good reason for it.”
Every investment I’ve made so far has been successful. Because of this, Sangyeop senior believed that I had an insight into the market.
The same goes for Hyunjoo noona and Ellie. Taek-gyu is the only one who knows the truth.
I changed the topic because the atmosphere seemed to be getting heavier.
“How about K Company?”
“Same. Still busy, still going out.”
K Company, a subsidiary, is entrusted with the management of companies invested by OTK Company. Dozens of startups have to report, analyze, and take countermeasures on issues that occur every day.
“This time, Edm Entertainment is going to raise a 28 percent capital increase.”
The stake is not fixed. Through capital increase or reduction, the number of shares can be increased or decreased, and thus the stake also changes.
Investors should be careful about diluting the equity value. For this reason, K Company, like OTK Company, stipulated the right to restrict the issuance of new stocks (in order to issue new stocks above a certain ratio, we must obtain consent from us) and the right to take over first.
In technical jargon, this is called a shareholder allocation capital increase. General public offering and third party allocation are possible only when we give up our rights.
“GJ and RCK Bros are showing interest, and I think it would be better to assign them to GJ in consideration of the business partnership. Because they have several cable channels.”
“Do it yourself.”
Whenever possible, I tend to leave the decisions on the domestic side to Sang-yeop senior, and the foreign side to Hyun-joo noona.
Jiying!
The cell phone on the table vibrated.
“Who are you?”
“The chief executive is from the SSK group.”
“Why that person?”
“I want to invest some personal assets.”
Sangyeop’s investment skills have a reputation in the industry.
The rumor spread so much that not only the wealthy Gangnam, but also the chaebol families came to say that they wanted to entrust the management of their personal assets.
I stuck out my tongue.
“Senior has really succeeded.”
“What do you mean?”
People lined up who wanted to deposit their money with K Company, but they all refused.
With the current manpower, it is too much to manage K Company’s assets. I can’t afford to roll with someone else’s money.
You don’t even have to do something good for someone else.
“Is Ki-hong doing well?”
“then. Deputy Chung is still working at the company.”
Senior Ki Hong, who originally attended KYB Securities, excitedly resigned and left when restructuring was in full swing. He was good up to there. He was just fine there.
After that, he applied to private equity funds such as RCK Bros. and Lane Capital, but fell out, and so did elsewhere.
Then he hit the ground and regretted his resignation, but it was already too late.
While he was eagerly looking for his job, he contacted Sang-yeop senior. By the way, K Company was suffering from a severe manpower shortage because Sangyeop senior was alone.
Senior Sangyeop offered the job, and senior Kihong, who had nothing to do and was eating at home, quickly joined K Company.
Although I joined the company on a parachute called networking, my experience working in a financial company helped me a lot when setting up the company in the early stages.
Since then, his careers have come in one after another and he has become virtually the youngest. Anyway, one person seems to be doing enough.
It is clear that he does a good job and has a lot of love, regardless of what he does. Whenever you meet your juniors at a drinking party, you can see how proud they are of K Company.
He even promoted the fact that he was making a huge profit from his investment and that the starting salary for a new employee was 70 million won and the bonus was tens of millions of won.
Even in the financial sector where the average salary is high, this is unprecedented.
Rumors spread through the mouth of the juniors and spread throughout the school in an instant. Then, the classmates and juniors who had no acquaintance or who could not find a job contacted Sangyeop senior at once.
The purpose is to apply for a job.
It is to show the spirit of ‘we are Nami’ and line up with Gakyeon. People who didn’t even care when Sangyeop senior was in debt and was having a hard time.
Looking at this, it seems to be true that success produces friends.
Not only did they ask for a job, but they came in like a flood of positions. Even her math professor contacted her and asked if she would like to meet her daughter.
The phone was ringing so much that Sangyeop couldn’t stand it and even changed his cell phone number.
“Are you getting so many calls?”
“Don’t talk. I mean, would you say that if I tell Ki Hong my number to the schoolboy one more time, I’ll get kicked out?”
“·················ogue.”
Mr. Jung will be fired soon.
After we finished eating, we got up.
“I will live today.”
“No, I will live. I came out with a corporate card.”
Taek-gyu said something.
“If we swiped with a corporate card, wouldn’t we be living anyway?”
“·················ogue.”
K Company is from OTK Company (98% to be exact), and OTK Company is from us (97% to be exact).
Pocket money is cheap money, and money going out of corporate cards is no different from going out of our wallets.
“Just scratch it.”
Exactly 31 million won.
A black Mercedes-Benz S-Class stood in front of the restaurant.
“Good tea.”
Senior Sangyeop chuckled.
“It’s a corporate car, so you’re off anyway. Jinhoo, don’t you buy tea?”
“I’m still looking to buy it.”
After a while, the driver came and we got into the car.
“First, go to Samneung Park, then go to Yeoksam Station.”
I leaned back in the back seat and fell in thought.
A year ago, after I finished investing in startups, there was nothing I had to do. They were just watching the value of the companies they invested in rise.
Is it slowly coming to work?
The car arrived in front of the house.
I said as I got off the back seat with Taek-gyu.
“Except for start-ups, if there is a long-term product you are investing in, turn it into a short-term product, and be prepared to turn it into cash whenever I give you instructions. As soon as I find out more, I will tell you.”
Sangyeop senior nodded his head.
“Okay.”
* * *
It has been over a month since the opening.
I did not miss school whenever possible.
I was worried because it was going back to school after a long time, but thanks to Yuri, I had no problems adjusting to it. I also became quite friendly with her juniors.
Most of all, I could definitely feel that the way the children looked at me had changed since that day.
It was he who changed his attitude the most.
Hyemi, wearing heavy makeup and large ring earrings, approached me and pretended to be friendly.
“In the past, I thought you weren’t my type, but you’ve become cool these days. Do you know that I’ve actually liked you since first grade?”
“·················ogue.”
Am I the only one who doesn’t feel the contradiction between these words?
It’s hard to adapt well when your child changes suddenly. In some sense, it should be said that it is the same.
Hyemi asked kindly.
“I’m going to have coffee right now, would you like to go with me, Jinhoo?”
“I quit coffee.”
“Then do you want to go eat?”
“I also stopped eating.”
“·················ogue.”
I left Hyemi, who was bewildered, and went into the classroom.
Yuri, who had come first, waved her hand.
“Sit here, old man.”
I sat down next to the glass.
“It is not normal to take 21 credits in one semester.”
“Ah, but you were exempted from attending two English courses.”
There are a lot of foreign students and Koreans at Hankuk University.
Children who no longer need to learn English usually earn credit by submitting a brief report.
Thanks to my improvement in English within a year, I was able to meet an American professor and be exempted from attending. The same goes for glass. Thanks to her studying abroad when she was young, Yuri’s English was at the level of a native speaker.
She was listening to a lecture on her major, and Yuri asked in a low voice.
“Are you really not going to tell me where the five million dollars came from?”
“You said I borrowed it.”
Everyone wondered where the $5 million came from. Even the professors who had heard the rumors asked about it.
I said it was borrowed money, but no one believed it.
With common sense, who would lend $5 million to a single college student?
However, the answer to that was easily solved through senior Ki Hong.
‘Jinhoo’s Sangyeop senior… No, he’s close with the CEO of K Company. They’re not just like classmates, they’re like brothers and sisters. How terribly the CEO cares for her. If I had asked you to lend me million instead of million, I would have lent you.
To this, a plausible story was added that I may have invested money before Sangyeop founded K Company. (Surprisingly, rumors contain the truth.)
From my point of view, it was comfortable.
“Hmm, okay. If your senior says so, that’s it. I will believe you.”
“·················ogue.”
I don’t believe it at all.
How much does he know about me?
Yuri said as if thinking of something.
“Ah! Isn’t today the day the car is shipped out?”
I was surprised.
“how did you know?”
Yuri looked at her cell phone.
“Taekkyu oppa told me.
“·················ogue.”
Why is this kid saying that? No, when did you exchange numbers before that?
Yuri said, sticking out his tongue slightly.(Read more @ wuxiax.com)
“Let’s go together after class. I have to have a test drive.”
* * *
During that time, I didn’t need a car because I had only a short time in Korea. But because of school and work, I felt the need to move around.
It’s like I can’t borrow a car from Taek-gyu forever.
In the end, last week, Taek-gyu and Sang-yeop went to the store and bought one. The car is released today.
After class, Yuri and I headed to the Porsche store in Samseong-dong.
The dealer welcomed us warmly.
“Are you here?”
A leasing company employee was already in the store.
“Come this way.”
A white Panamera, whose model was changed this time, stood at the factory. After adding some options, the price exceeded 200 million won.
Yuri meticulously inspected her car on my behalf. Then she nodded her head as if nothing was wrong.
“How are you, senpai? I love it?”
“Well, that’s good.”
Come to think of it, this is my first car.
There was a time when I didn’t have a car, so I had to get an Otekkyu car. Now let’s put the gloomy past on the other side of our memory.
Tirling!
“Yes, Dad.”
While Yuri went to pick up her phone, I did the paperwork and picked up the car keys.
We got into the car. Panamera ran as cool as she stepped on it. The more I drive it, the more I like it.
“The tea is good. Doesn’t it make you more popular if you drive it to school?”
“There are a lot of kids who drive better cars.”
For example, Go Jun-hyung drives a Bentley.
It’s not uncommon to see a Benz or a BMW in a school parking lot, but a Porsche will definitely stand out.
This is also a new model.
“By the way, with what money did you buy this car?”
“It’s not my money, it’s a corporate lease.”
That corporation is mine.
I turned the subject the other way.
“Did you talk to your father earlier?”
Yuri nodded her head.
“Yes. You’re on a business trip to the UK, and the atmosphere doesn’t seem too bad.”
“Why? What’s going on?”
“Not long ago, the Brexit vote date was confirmed. So now the pros and cons are at odds.”
“okay?”
At that moment, something flashed in front of my eyes.
I stared blankly at the hologram.
