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Seeing the change in Arthur Blank’s attitude, Xia Yu immediately realized that he was scared and tended to shrink.

So he immediately adjusted the rhythm, not wanting Arthur Blank to continue to calm down.

He changed the subject, to ask a question, when already knows the answer: “Mr. Blank, I don’t know how many shareholders does Home Depot currently have?”

Arthur Blank thought for a while and said: “There are 100 40 6 including me and Bernie Marcus.”

This kind of distribution of equity shares is extremely rare for a company that has just been established for 2 years.

Therefore, Xia Yu was surprised and asked doubtfully: “Why are there so many shareholders?”

Arthur Blank not at all said the real reason. After all, the real reason was that no big capital was willing to invest in them, so he went to 4 places to make small investments.

He said flatly: “The main purpose is to stabilize the supply chain of Home Depot at first, so these shareholders are basically suppliers, and they have invested a little money to account for a small part of the equity shares.

Xia Yu said softly, “It turned out to be a strategic investment. It is a very wise choice to develop early stage in the company.”

He changed the subject and said: “However, there is also a drawback, which will be tied up by the supplier and will be affected in brand selection, which will be detrimental to future competition and external expansion.”

Arthur Blank was a little embarrassed to hear this. Xia Yu said that he hadn’t thought about it, but at that time the capital was not enough, and he was expecting the supplier to give them on credit, and there was no inventory. They all used empty boxes to fudge. As for the customers, Home Depot is very dependent on suppliers, and they are taking good care of them. Even now, they are not enough to counter-pressure suppliers.

But the retail industry is like this. When the volume is small, the upstream has the right to speak, but when the volume is large, because of the importance of the market, the right to choose will naturally come in hand, and it is time for the downstream to judge the upstream.

In later generation China, there are not too many cases of large-scale supermarkets oppressing suppliers, and some suppliers are even dragged down by the supermarkets to bankruptcy.

The topic turned to the Home Depot Company. With its current equity shares structure, in the future operations, if the quality of the supplier’s shareholders is not outstanding, but because of the shareholder relationship, it will affect the Home Depot Company’s choice, it will definitely cause trouble.

Two are okay. For example, there are more than 2 supplier shareholders. The probability of problems is too high, which is a big hidden danger.

In addition, when you leave Atlanta and Georgia, some suppliers may not be able to keep up. If the products are shipped to other regions after big purchases in Atlanta, it will greatly increase logistics and management costs, which is not cost-effective.

This thing about building materials, logistics costs are too high!

Although this is the case, it is absolutely impossible to admit. Arthur Blank rightfully said: “Mr. Xia, we treat every supplier’s choice with extremely strict requirements. So far, didn’t appear any problems.”

“And in the future, I believe that we will not affect the company’s healthy growth because of personal affair, even if the problem is the small shareholder!”

Xia Yu laughed, she didn’t hold onto this question anymore, she felt that the timing was right, and she planned to discuss the topic clearly.

“Mr. Blank, retail companies have a great demand for capital. I have also learned about your company. Your company has more prominent advantages in management, but the drawbacks of capital are also obvious. This point I can help you, do you think how about it?”

Arthur Blank looked embarrassed and hesitant.

Xia Yu pondered for a moment, and asked bluntly: “Mr. Blank, if there is any difficulty, you may wish to make it clear that any cooperation requires a process of discussion, right?”

Arthur Blank was slightly nodded and said: “Mr. Xia, you are right, but there is another Founder in the company, and there is currently no time. I have to discuss with him before I can decide.”

“But before that, I want to ask you a question.”

Xia Yu leaned forward slightly and said with a please gesture: “Please speak!”

Arthur Blank said: “Your company invests in a company, what is its position in this company?”

Xia Yu has just seen Arthur Blank’s attitude towards the company’s control, so of course he will pay attention to his words.

He said with a faint smile: “Our company has always believed that the key to the value of a company lies in its people and management model. Our investment has always been moved towards people. As long as we recognize the ability of a person, no matter the size of the company, or If you are in a trough, you will choose to invest.”

“So Mr. Blank doesn’t have to worry about us taking the Home Depot Company. What I recognize is the abilities of you and Mr. Bernie Marcus. If you two leave, then the Home Depot Company will be worthless in my eyes. “

“Now you have invented the management and operation model of Home Depot. I don’t think anyone in the world can understand it better than you.”

Upon hearing this, Arthur Blank smiled and thanked Xia Yu: “Thank you for your approval!”

Finally, Xia Yu added sincerely: “So, Mr. Blank, even if we invest in the Home Depot Company, we will not interfere with the company’s operations. We will only send people to supervise the finances, and the rest of the management and operation rights. It’s all yours. What we need to do is to give you the greatest support when the Home Depot Company needs funds, so that you can expand without any worries!”

“We, Polaris Capital, are just a capital investment company. We don’t have the ability to manage various companies. With this time and energy, we might as well look for more investment opportunities!”

These two sentences, Xia Yu said with sincerity, her eyes calm as water, and Arthur Blanc looked at each other calmly.

Arthur Blank and Xia Yu looked at each other for a long time, and slowly nodded and said: “Mr. Xia, I understand your attitude. I still need to discuss with my partner to decide how to decide.”

Speaking of this, Xia Yu knows that this can only be done today.

He stood up, and Arthur Blank followed suit.

Before leaving, Xia Yu said to Arthur Blank: “Mr. Blank, although our company starts at 10000000 million USD, you don’t have to worry about losing too much of your equity shares. Our investment method is very flexible. “

“Now Home Depot has outstanding advantages and disadvantages. If you are willing to accept investment, we will first clear out other small shareholders, acquire their equity shares, and then inject capital into the company. After all, we have sufficient funds and There is no need to be pinched by the supplier, USD can buy anything, including suitable cooperation partners!”

“If we can reach a cooperation, on the basis of investment, we can also provide the Home Depot with commercial loans, which can prevent you from losing too many equity shares.”

Arthur Blank raised his brows, didn’t expect Xia Yu would say so, but after listening, his mind became active.

Xia Yu can say that, at least he is not aggressive. Although I don’t know whether it is true or not, the first impression given to him is really good.

“Mr. Xia, I understand what you mean. I will discuss with the partner first, and if there is a decision, we will contact you again.”

Xia Yu shook hands with him and said with a smile: “No problem, but I hope to reply to me as soon as possible. My schedule is relatively tight and I will not stay in Atlanta for too long.”

“This is my current address and contact information.”

After leaving a contact information for Arthur Blank, he took Arthur Blank’s business card and was sent out.

After the car started, he looked again at the big sign at the Home Depot Mall, and a thought flashed in his eyes.

“It seems that it is necessary to acquire a bank in United States as soon as possible. After all, not all Founders of the company do not care about control rights. The equity shares cannot be obtained too much for the time being, and they must be tied up with the cooperation of the bank. There will be opportunities in the future!”

“Moreover, it is not good for all equity shares to be concentrated in Polaris Capital. If a bank is used to hold part of it, it will not only reduce public attention, but also reduce the vigilance of the Founder of the invested company!”

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