The penniless son of the penniless ...

Chapter 173 Zhao Chongxun Vomits Blood
"Because it will take some time for the investment target I'm talking about to turn the tide and rise strongly. During this time, we can slowly get in touch with them and build a good relationship with them to ensure that our investment can get the greatest benefit!"

Zhang Junfeng then talked about the current situation of Apple and Amazon and the difficulties they encountered, which made Leon John, who was listening at the side, frown for a moment.

"…If I remember correctly, Apple has been on a downward spiral in recent years. From being able to compete with Microsoft in operating systems to now having a market value of no more than 5 million US dollars, is it really possible for such a company to turn things around?!"

In Leon John's opinion, a series of wrong decisions made by Apple have brought it to the end of its road. The risk of investing in Apple at this time is simply too great. Anyone with a little common sense would not make additional investments in such a bankrupt company. After all, investors' money does not come from the wind!

"According to the situation in the past few years, Apple is indeed not worth investing in, but now Apple has changed to a certain extent. In 1997, Apple spent 4.29 million US dollars to acquire NeXT, and Steve Jobs, the founder of Apple, returned to Apple as a special consultant!"

"The most interesting thing is that in July last year, Jobs carried out a series of "operations" to cause Apple's board of directors to hold a 36-hour conference call. CEO Amelio was forced to resign, and Jobs became Apple's interim CEO with an annual salary of $1!"

"... This doesn't seem to make much sense, right? Jobs was just a programmer. How could he understand product marketing? How could he reverse such a big decline by himself?!" Leon John still found it hard to believe. After all, in his opinion, the R&D personnel of Internet companies could only develop a product with good performance at best. As for sales? To them, those were two completely different concepts and fields. Different trades were like different mountains!

"John, although what you said is true, don't forget how this guy Steve Jobs returned to Apple? The NeXT company he founded was eventually sold for a high price of 4 million US dollars. You should know that the network program framework developed by NeXT - WebObjects, can be used to generate dynamic web pages. But because of the high price (more than 50 US dollars), it did not become popular..."

"Do you still think that Jobs is a simple-minded programmer?" Zhang Junfeng reminded him with a playful look. Just like a wise man said, people grow up, and Jobs has obviously made up for his shortcomings over the years. He has also made some progress in product marketing. At least his ability to fool people has improved a lot, right? !
After hearing Zhang Junfeng's analysis, Leon John nodded and understood what Zhang Junfeng meant.

Just like the financial institutions on Wall Street investing in new Internet companies now, as long as the other party can come up with a novel idea, they can get a considerable investment even if they don't even have a product, even if after several months or even years, what they produce is a pile of unsalable garbage.

This Apple is obviously much stronger than those shell companies that "scam investors". Not only was it once glorious, but the core figure of the R&D team, Steve Jobs, has also returned. It has even learned how to... convince investors and promote its own products. If it can come up with one or two products with superior performance, Apple may be able to "come back to life"!
……

Zhang Junfeng then mentioned Amazon to Leon John, and this time he made it very clear, explaining that he was optimistic about the future prospects of e-commerce and could invest in it in advance.

As for the two founders of Google, who were still researching Google's first product, the Google online search engine, at Stanford University, he was a little unsure whether they had successfully developed it. After thinking for a moment, Zhang Junfeng mentioned the online search engine as an Internet research and development direction, and asked Leon John to contact the two companies while searching for research and development companies or researchers in this area.

Hearing Zhang Junfeng say this, Leon John nodded subconsciously. Anyway, it's the same to drive one sheep, or three sheep! The more you drive, the more opportunities to make money!

Seeing that Leon John readily agreed, Zhang Junfeng finally relaxed. Although he opened Comet Capital, an investment company, in the United States through channels.

But he was also very clear in his mind that the company in America was more like an empty shell with almost no presence, let alone asking the staff there to help find important people and contact some company executives.

……

Two days later, the father and son of Zhao Zhongxun who were taken away by the Seoul Prosecutor's Office for questioning were released. However, after experiencing this incident, the arrogant eldest brother Zhao Liangzhao and the second brother Zhao Xiuhao had long lost their former style, and the chairman Zhao Zhongxun also became quite depressed.

The reason why Zhao Chongxun was able to escape this time was entirely because he entrusted his trusted subordinates to help contact many former political dignitaries and ask them to intercede and lobby for him, which allowed him to escape by chance. However, even so, Zhao Chongxun paid a high price for it and felt extremely heartbroken!

But not long after they returned to the group headquarters, they soon heard even worse news from their subordinates: the stocks of Hanjin Food Company, a subsidiary of their group, were bought by other companies in large quantities. This morning, representatives of Yuetian Group came to Hanjin Food Company and said that they would hold an extraordinary shareholders' meeting in the near future!

Putting these two pieces of information together, the Zhao family's father and son quickly realized that the one stirring up trouble behind the scenes was also one of the large domestic companies - Yuetian Group!
When Zhao Chongxun heard this terrible news, he was already full of anger. After being stimulated by this, he spat out a mouthful of hot blood and fell down. Before he fainted, he was full of resentment towards Xing Gehao, the chairman of Yuetian Group. How dare this bastard take advantage of others' misfortune? !

Zhao Liangzuo and Zhao Xiuhao, who were standing by, were also panicking. They quickly helped their father up and asked their assistant to contact an ambulance to rush him to the hospital. Without Zhao Zhongxun, how could the two brothers fight against the covetous Yuetian Group?
……

(End of this chapter)