1850 American Gold Tycoon.

Chapter 220 Goodwill Acquisition
"Mr. Pinkerton, your job is coming."

Liang Yao said to Pinkerton.

Coney, his assistant, was robbed in broad daylight in New York, and he couldn't justify standing by and watching.

It just happened to take this opportunity to test Pinkerton's business capabilities.

"I'm happy to help. This must be your assistant, Mr. Coney, right?"

Pinkerton's eyes lit up, he shook hands with Connie and said.

"Mr. Coney, Pinkerton Detective Agency is very honored to serve you, but after the money is returned, we need to take [-]% of it as a commission."

"Thirty percent?"

Kony almost jumped up. This is 12000 US dollars, and [-]% is [-] US dollars. It is a huge sum of money. This person must be too greedy.

"Of course, you can also refuse our service, go to the New York Police Department to report the case, and seek help from the New York police. You are a New Yorker. I think you know better than me what the New York police are like." Pinkerton said, "Find New York police Cops, you and maybe a penny won't come back."

"Thirty percent is thirty percent." Kony could only blame himself for being unlucky, and agreed to Pinkerton's request, "How long will it take you to get the money back?"

How long it will take to get the money back is Kony's biggest concern.

"It only takes a day or two for such a small matter, and your matter is much easier than what Mr. Liang told me." Pinkerton said very confidently.

Pinkerton had handled many similar cases when he was a police detective in Chicago, and he was already familiar with this kind of cases.

Alex and Isaac came to Doyle's cafe to meet Liang Yao as scheduled, and Isaac's patent lawyer Edward also came with Isaac.

Edward has many identities. In addition to being the most well-known patent lawyer in New York, he is also a speculator on Wall Street, but his recent speculation has not been smooth.

During the gold turmoil some time ago, he was also one of thousands of gold speculators, and he lost a lot of assets in the process of gold speculation.

Of course, Edward came here today as Isaac's partner and the largest shareholder of Singer Brothers.

Edward had a vague premonition that this meeting might overturn the sewing machine industry in the United States, or even the entire world.

His sense of smell has always been very keen, and he trusts his own judgment.

Liang Yao would not buy all of Walter's patents for no reason, let alone award the first prize of Liang Yao's Invention Award to the sewing machine patent for no reason.

This rich man must be optimistic about the sewing machine industry and wants to enter the sewing machine industry!
The sewing machine industry is owned by the three of them, and the loss of patent ownership means that they will have to pay corresponding patent fees for each sewing machine they produce in the future.

At present, the selling price of a sewing machine is generally US$75, and the patent fee is 20% of the selling price, which means that they have to pay a patent fee of US$15 for each sewing machine produced.

Patent fees are a huge expense for them.

The profit on the sewing machine is large, but after deducting the patent fee, the profit left is not so handsome.

Thinking of this, they all felt very frustrated, and the originally bright avenue of wealth also instantly became dark.

"Mr. Liang, do you have anything to do with the two of us?"

Erics asked.

Erics didn't know what Liang Yao wanted to find them.

The patents related to the sewing machine have been completely transferred to Walter's name, and all of Walter's patents have been bought out by Liang Yao.

Liang Yao is a person of status, so there is no need to entangle them in the matter of sewing machine patents.

"If you were given a choice, would you choose to continue to be a shareholder of a small factory owner or choose to be a giant in the sewing machine industry and become the shareholder of the largest sewing machine manufacturer in the United States?"

Liang Yao said lightly.

Alex, Isaac, and Edward are not ordinary people, and they have good vision and ability.

If it were not for Liang Yao's sudden birth, according to the historical trajectory, Isaac would continue to make Singer Brothers bigger and stronger, becoming a worldwide sewing machine giant.

Even in the 21st century, the sewing machines produced by Singer are still the best in the industry.

The sewing machine industry has created three millionaires in the United States, and they are all sitting in front of Liang Yao respectfully.

By the time of his death in 1875, Isaac had amassed a fortune of $1500 million, making him one of the [-] richest people in America.

Alex is slightly inferior, but his assets have also reached the level of tens of millions of dollars.

As for the remaining one is Isaac's patent attorney, the largest shareholder of Singer Brothers, Edward Clark, when Clark died in 1882, his property reached a staggering $4000 million, more than Isaac and Alex's sum is even more.

"You want to enter the sewing machine industry?" Isaac was a little surprised.

The sewing machine industry is still an unknown emerging field. How big is this market, even the largest sewing machine manufacturers themselves have no idea.

"You were born in Oswego, New York, left home at the age of twelve to become a failed actor, and ended up in a factory in Pittsburgh repairing machines. Fortunately, you are very talented in this area. Pittsburgh saved up a fortune."

Liang Yao stared into Isaac's eyes and said.

"Later you designed a new printing press, and you were very optimistic about the future of printing presses, and opened a factory in New York to prepare printing presses.

Unfortunately, there was a big explosion in the boiler of the factory, the big explosion destroyed your entire factory, killed a dozen workers, and you became penniless again at the age of thirty-nine, until one day you died in a kind of In a disgraceful way, he came into contact with the sewing machine patent and saw business opportunities again. "

Every word of Liang Yao's words was heartbreaking, and it hit Isaac's pain point, and Isaac's body trembled uncontrollably.

"How did you know this?"

Isaac picked up the coffee cup tremblingly with his trembling hand, took a sip of coffee and asked.

"It doesn't matter how I know this, what matters is that you are very lucky to have met me, and I am willing to give you a chance. Now I want to acquire your factories, merge your factories and inject capital to become the world's largest Sewing machine factory."

The purpose of Liang Yao calling them to Doyle Cafe was to buy their factory.

Singer Brothers and Bridgeport Machinery Company are the only two companies in the United States with experience in mass production of sewing machines. Since 1850, these two factories have begun to produce market-oriented household hand sewing machines.

The factories of both companies have ready-made production lines and skilled workers, and the management also has rich management experience.Even the three of them have experience marketing sewing machines.

Especially Edward, not only good at playing patent companies, but also good at advertising and raising funds.

Singer Brothers can grow bigger, and a considerable part of it is Edward's contribution.

This is also why Edward made more money in this industry than Isaac.

Liang Yao can also choose to build his own production line to produce and sell sewing machines.

But there is nothing more convenient and troublesome than the direct acquisition of Singer Brothers and Bridgeport Machinery.

The problems of the factory and the production line are easy to solve, but the management and marketing personnel are a headache. After all, the sewing machine is a new gadget with a high price, and it is not easy to sell it.

If these people can be used for themselves, these problems will be solved.

After all, they have proven their abilities in history.

"Of course, you can also choose to reject my goodwill acquisition, but I have to remind you that all the sewing machine patents are in my hands. If you want to continue to make money in the entire industry, the sewing machines you produce are by no means my opponents. Wait. There is only one result for you, and that is bankruptcy."

Liang Yao glanced at the three of them. The three of them had different reactions. Edward and Erics were ready to move, but Isaac was still hesitant, and he continued to add fuel.

"At that time, there is only one result waiting for you, and that is bankruptcy and nothing."

It's not that Liang Yao is scaremongering.

The patent fee in the United States is astronomical, which is why many patent owners can succeed in setting up factories in person.

As long as the patent is in hand, you can strangle your competitors by the throat and block their lifeline.

Without patents, the cost of patents can only be passed on to consumers, but consumers are not fools. Most consumers will definitely choose cheaper prices when faced with products of the same quality.

Especially for high-end durable goods such as sewing machines, which are expensive, many families may not be able to buy them several times in their lifetime.

If Liang Yao went out to make sewing machines himself, neither Singer Brothers nor Bridgeport Machinery would have room to survive.

"What will we get if we agree to be bought by you?"

In business talk business, Edward, who looks gentle and gentle, asked bluntly.

How much real benefit he can get from this acquisition is what he cares most about.

"The three of you will still be responsible for the operation of the merged company, and each of you will get 10% of the shares. I think you should be clear that what I want is not a small factory with tens of thousands of dollars, but a company with millions of dollars. Great factory of the dollar."

Liang Yao called Doyle, asked Doyle to refill him a cup of coffee, and then continued.

"There are more than 400 million families in the United States, and as long as one tenth of them buy our sewing machines, it will be 40 units. If we can open up the European market, the prospect will be even more limitless. Whether we want to become a giant in this industry or ask me It is difficult to survive by paying patent fees, it is up to you to choose.”

Liang Yao's calculation is still very conservative. In the future, the sewing machine will be the "messenger of civilized society" from the bustling New York, London, Paris, to the jungle-covered Central America and even as far as Madagascar. This "messenger of civilized society" can be seen "The figure.

The sewing machine was also one of the first American industrial products to go out of the world. Even the American Civil War failed to stop the expansion of Singer Brothers.

By 1865, Singer Brothers had established branches in 29 countries, with sales of up to 6.42 million US dollars.

This is only the sales of one company, Singer Brothers, without counting other sewing machine manufacturers in the United States.

The huge profits in the sewing machine industry can be seen in general.

(End of this chapter)