Chapter 621 $100 Billion Market
‘Financing 10 billion’
Even though Whitehead was mentally prepared, he couldn't help but be surprised by Yang Chen's good appetite.
However, Yang Chen's appetite did not scare Whitehead away. On the contrary, Whitehead was determined in his heart to strive for cooperation with Yang Chen.
Nowadays, Goldman Sachs is a well-known investment bank on Wall Street. With a history of more than 100 years, Goldman Sachs has no shortage of knowledge and talents. It only lacks a few large orders to further enhance the company's reputation.
Not to mention that Yang Chen wants to raise 10 billion, even if it is 100 billion, as long as the other party shows value, Goldman Sachs can find someone interested in it.
Looking at Yang Chen who looked confident, Whitehead couldn't help but asked curiously: "Mr. Yang Chen, are you so sure?"
Yang Chen shook his head decisively and said: "No, nothing can be 100% sure."
"However, nowadays, Atari has no chance to turn around. They develop and acquire so many games a year. Not to mention the quality, the quantity alone is enough to make players dizzy."
"As the saying goes, too much is never enough."
"If Atari can steadily produce high-quality games of its own, with its control over game terminal channels, it will surely be able to firmly occupy a leading position in the increasingly prosperous game market.
It's a pity that Atari took the wrong path from the beginning. Instead of developing good games, it acquired other junk games on the market with varying quality..."
Having said this, Yang Chen couldn't help but cheer for Atari's short-sighted behavior. It was precisely because Atari missed a move that he had the opportunity to go to the United States and make a fortune.
If Atari had followed Nintendo's approach from the beginning, it would have been able to firmly control the U.S. game market by virtue of Atari's control of terminal channels.
Any company that wants to enter the U.S. game market will be besieged by Atari and others.
But now, Atari had no time to deal with him. As the sales of games developed and acquired by Atari were getting lower and lower, the storm became more violent when Yang Chen suddenly broke in.
Danger is often accompanied by opportunities, and rising against the trend is often more eye-catching.
The collapse of Atari will, to a certain extent, cause the entire U.S. game market to decline, but it will also give Yang Chen's game companies the opportunity to succeed Atari and become the dominant player in the U.S. game market.
“Since the launch of the gb game console, we sold more than 40 million game consoles in North America in just half a month.
Next, I believe that the sales volume of my gb game consoles will have a great growth trend.
And this is just a market in North America, such as Europe, South America, and the most populous Asia. Conservative estimates put the sales volume at more than 300 million units."
"Game consoles are not a one-and-done business. Once you have a first-generation console, there will be a second-generation console and a third-generation console.
In addition to game consoles, there are also game cards. But for those who bought my game console, even if only one out of ten people buys subsequent game cards, the number is unimaginable."
"Mr. Whitehead, tell me, if I make this data public after Atari collapses, how will those investors choose?"
At this time, Whitehead said with sincere admiration: "Mr. Yang Chen, you are a shrewd businessman, and you have realized how to maximize your profits.
If nothing else happens, I believe it won’t be long before the American game market will be dominated by your game companies, no, it should be said that the entire world game market.”
Facing this tall hat, Yang Chen directly refused and waved his hand: "Mr. Whitehead, you may have misunderstood this point. I have never thought about dominating the world game market. The reason why I decided to
Preparing to take the game company public in the United States.
The reason is just not to cause the emerging global game market to suffer a huge blow due to the decline of the U.S. game market.
I don’t need to say more about the potential of the game market. Mr. Whitehead, you have already seen it.
From a market of less than 100 million US dollars to a market of several billion US dollars, the size of the game market is growing several times every year.
In emerging economic industries, the game market has shown its value. It is a huge market, an emerging market that is expected to reach a scale of hundreds of billions of dollars within a few years."
"I can't eat such a big market by myself. Even if I eat it, I'll probably suffer from indigestion."
‘A market worth hundreds of billions of dollars’
Yang Chen's words were like a slap in the face, hitting Whitehead on the head, leaving him speechless for a moment.
"Yang, Mr. Yang Chen"
Yang Chen smiled and said: "Why, is Mr. Whitehead doubting what I said?"
Whitehead quickly waved his hand and said: "No, no, no, Mr. Yang Chen, you misunderstood. In fact, as early as the rise of the game market, many people saw the future of the game market.
This is also the reason why the number of game companies in the United States has been increasing day by day in the past two years. However, as the number of game companies increases, the U.S. game market has experienced a situation that is opposite to what was expected."
"If, I mean, if Mr. Yang Chen can really change this situation, I believe that the American game market will get back on track."
Yang Chen said noncommittally: "I believe I can do this. At least my game company has now achieved this on handheld consoles.
Following the lessons learned from Atari, I will not let those junk games on the market have the opportunity to enter my game consoles."
After hearing what Yang Chen said, Whitehead couldn't help but said: "Mr. Yang Chen, I don't know about Goldman Sachs."
Before Whitehead could finish speaking, Yang Chen raised his hand and interrupted: "I have learned about Goldman Sachs. If you want me to hand over the listing of the game company to you, I need to see your sincerity.
There are many investment banks on Wall Street that are stronger than Goldman Sachs. Ten billion in financing is just the minimum limit. I have no doubt that Goldman Sachs can do this.
But how can you assure me that you will do your best to do this? And who am I to blame Goldman Sachs for this?"
Whitehead said urgently: "Mr. Yang Chen, we will offer you the best price."
Still not waiting for Whitehead to finish speaking, Yang Chen directly interrupted: "Mr. Whitehead, I am not short of money, and it is not necessary for me to have a discount or not.
I am a very simple person who only values the strength and sincerity of my partners. If there is neither, then I can only express regret."
Although Goldman Sachs has great influence in later generations, that is a matter for the future and has nothing to do with the present.
Now Goldman Sachs is eager to come to the door. If he doesn't take advantage, wouldn't it be a missed opportunity?
Chapter completed!