Rebirth Strongest Tycoon

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As soon as I entered, I saw the layout different from the ordinary 100-goods retail supermarket.

Some shelves are very tall, at least 2 meters long, and most people can’t reach them.

But there are all kinds of boards, water pipes and the like, and price tags on the shelves.

Because the plates, water pipes, etc. are placed, all aisles are also very large, close to 2 meters, making it easier to place and transport.

Of course, this is an area such as building materials. It is different when you go to other small and medium-sized tool areas, and they are more closely placed.

A box of screws, a wrench, screwdriver, tape measure, etc. are placed on the shelf.

Apart from this there are paint, brushes, glue, etc.

Anyway, it has everything to do with building materials, home improvement, gardening and the like, and the varieties are very complete. It is like a large wholesale market for home building materials.

Of course, it is the elite model of Home Depot to build an intensive hypermarket with a variety of varieties and price advantages.

Xia Yu wandered inside the Home Depot mall, and another impression was that the passenger flow was much less than that of ordinary supermarkets.

However, it is normal to think about it. Different products are sold, and customers’ buying methods and time consumed are also different.

Xia Yu took a few subordinates and bodyguards, wherever he went, there was a group of people, which naturally attracted the attention of many people. The spirited staff quietly reported to their superiors and suspected that a super customer was coming.

They bring bodyguards when they go out, and they still walk around in the mall. The staff can’t think about that.

Soon, a middle-aged white man with two subordinates appeared from a corner and walked towards Xia Yu and the others.

At the reminder of his subordinates, Xia Yu looked over, browsed slightly and raised the corners of her mouth.

He recognized the person who took the lead. He just finished reading the photo today. It is the other of Home Depot’s Founders, Arthur Blank, who is also the CEO of Home Depot.

“Hello, gentleman, what can I do for you?”

Arthur Blank stopped in front of Xia Yu and asked with a smile.

Xia Yu smiled slightly, and nodded said, “Of course, Mr. Arthur Blank!”

Arthur Blank was a little surprised. He didn’t expect to be recognized by Xia Yu all at once. He recalled his memory and seemed to have never contacted any Asian.

Arthur Blank asked with a raised eyebrow: “This gentleman, I wonder if you are?”

Xia Yu said with a smile: “My name is Xia Yu, I am the Board-Chairman of Polaris Capital.”

“Our company’s business is mainly to invest in companies with potential! I just passed by here this time and saw that your company is holding a product knowledge and skills seminar. If you are curious, come and have a look.”

As soon as these words fell, Arthur Blank looked surprised and immediately smiled and shook hands with Xia Yu: “Mr. Xia, hello, welcome to you!”

“Mr. Blank, hello!”

Xia Yu smiled and looked towards Arthur Blank and asked: “Mr. Blank, is it convenient for you to show us around? In San Francisco and New York, although there are shops such as tools and building materials, I just watched After a while, your store seems to be very different from those traditional stores.”

Although not a major customer, Arthur Blank is of course very happy to face the request of the Board-Chairman of the capital investment company.

He welcomes capital very much. After all, the capital needed to open such a hypermarket is too great, and he is able to open the company and capital is indispensable.

Rejecting capital is ruining one’s own future. After all, if the opponent accepts the support of capital, he can definitely come from behind and crush oneself.

At the beginning, after he and Bernie Marcus were fired from the 5 gold department of the original group, they used the savings of 2 people to establish the Home Depot Company, and also looked for investors in 4 places, including a supplier of home building materials. Pulling investment, a total of 100 people were found to get funds.

When they first opened the store, because the store was very large, they did not have enough funds to buy goods that could fill all the shelves. They also found a pile of empty cardboard boxes with dealer logo stickers from the dealer, and then put the empty cardboard boxes Going to the top of the shelf makes consumers feel that the Home Depot mall really has a lot of inventory.

Although I have passed that stage for the time being, there are still big shortcomings when it comes to inventory. Now the company is trying its best to use the current status and future of hot sales to stabilize the dealers. Otherwise, how can the Home Depot company credit so much? goods.

Warehousing and inventory are a large part of retail costs.

If there is enough capital, the Home Depot will definitely be able to quickly catalyze it.

He and Bernie Marcus were able to accept more than 100 investors, which naturally showed his welcoming attitude towards capital.

Next, he took Xia Yu to stroll around in the mall. When answering Xia Yu’s questions, he also described the advantages and development model of Home Depot, and wanted to show the most attractive side of Home Depot.

Throughout the process, Xia Yu appeared very patient and admired the Home Depot model from time to time, which made Arthur Blank in a good mood.

Unconsciously, 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 not seen your company before at all.”

Arthur Blank asked euphemistically, looking towards Xia Yu.

Xia Yu hearing this, put down the cup, and calmly said with a smile: “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.”

“Just a few days ago, I invested 50 million USD in Turner Broadcasting Company. Of course, this news is not known outside. Please keep it secret.”

Arthur Blank eyes opened wide and asked incredulously: “50 million USD 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 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 of this news, it is too hot, if it is spread 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 USD to bet on Turner Broadcasting Company, your strength must be strong. This 50 million USD is enough to buy 2 Home Depot companies.

After all, Home Depot now owns 3 shopping malls, and the monthly net profit earned for the company is only about 50,000 USD. It is estimated that it is less than 2 million USD 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 proportion of reduced 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 assured nodded with a serious face: “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 ample funds, there is no limit to which field to invest in for the time being. As long as it is a company with potential to invest, and it is decided to invest in the end, we are generally not interested in fighting for small goals. , The starting price is 10000000 USD. Last month, I just invested 200000000 70,000,000 USD in a company called Genentech.”

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

But as the saying goes, it’s a trick to eat all over the world.

No matter how old you are, the key lies in the effect!

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

That is 10000000 USD starting vote!

This is how to do?

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

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

The equity shares of him and Bernie Marcus add up to 50% 2!

Can the control company!

Of course, although there are many shareholders, the shares are very scattered and pose no threat to them.

But once the equity shares are 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!

If he needs capital any more, 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 2 years and are planning to run the company wholeheartedly.