Chapter 24 Sandywell's Invitation
Sandy Will, the old man in his fifties, is the financial tycoon who can almost equate with the word "trading" in later generations? He was praised by Jack Welch as "his experience is as incredible as a myth. He is the person who can make money with air!" and the head of Wall Street.
Almost with one person, the Traveler Group led an adult profit of more than $20 billion from a small company of seven million. It can be compared with Sandy Will of the financial giant ship comparable to Morgan Sachs, Goldman Sachs and Citi?
Until now, Jester still remembers the century-old case of the merger of Travelers Group and Citibank to form Citigroup. The huge thing that shocked the whole world.
In that year, Sandy Will was the god of Wall Street, looking down for life.
Jester suppressed the shock in his heart. He didn't know how his grandfather met Sandy Will. As far as he knew, his grandfather had been living on the West Coast since he came to the United States, while Sandy Will lived on the East Coast.
Jester's grandfather seemed to see his doubts and said with a smile: "Don't you know? I went to Cornell University to study for a year in the fifties. At that time, Sandy was roommates, and we met at that time."
Sandy Will, who was originally full of sorrow, couldn't help but look nostalgic when he heard Grandpa Jester's words: "At that time, Lee was the oldest student in the school, and he was a yellow man. You know, McCarthyism was prevalent at that time, and racial discrimination was also the same. Not only blacks, Asians, we Jews from Eastern Europe were not very popular. At that time, Lee was in his forties and Kong Wu was powerful. He was different from those other Asians who dared not resist. One day, I saw him throw a quarterback from the school Olives into the cold pool, and then he had the idea of dating him."
"Maybe it was God's arrangement. Later, when I transferred from the School of Engineering to the School of Political Science, I also changed the dormitory and actually had the same room as your grandfather. It was because of this that I became fascinated by your grandfather's cooking skills. I like eating Chinese food made by your grandfather."
Jester looked at his grandfather in surprise. He didn't have the memory of his grandfather being a Cornell University graduate.
"Your grandma was sick at that time. Your uncle was still young at that time and could not hold on alone. I had to terminate my studies and return to San Francisco. It took more than thirty years to come..." Jester's grandfather also began to recall the glorious years of the past. "Later, when Sandy became successful in her career, she would come to the West Coast when she had time, for nothing else, just to fill her stomach."
After hearing this, Sandy Will shook his head, and his face turned out to be ashamed of the past, and said with some self-deprecating words: "What kind of career can I have? I have achieved nothing in my life and have to face the fate of being swept out of the house."
"Sandy, don't think about those unhappy things, these are just your own guess..." Jester's grandfather began to enlighten again.
"Sweep the floor and go out?"
A look of doubt appeared on Jester's face. He had read Sandy Will's information before, but it was not intentional. It was impossible for him to not pay attention to it, because there were news about him anytime and anywhere.
He remembered that Sandy Will was promoted to the president of Yuntong Group in 1983. This position seemed very high, but Yuntong Group implemented the CEO responsibility system, and the president did not have much real power. Then he was forced to resign in 1985, and then fell into a day without work for more than ten months. It was almost the darkest day in Sandy Will's life. He felt that he was abandoned by the whole world. At that time, he even had the idea of living the rest of his life in silence.
Originally, this might be a good ending for many people. They lived a rich life with the tens of millions of dollars they received after selling the stock of Yuntong. Maybe this is very suitable for others - such as some people without suitors, but it will definitely not be suitable for Sandy Will, an ambitious man who is always full of dreams, passion and endless energy.
The day he walked out of the slum in Brooklyn he swore that he must succeed and that he could not tolerate failure.
However, Jester remembers that he was swept out by Yuntong next year, but not now. He should be the president of Yuntong Group, one of the most likely successors of Yuntong's next CEO, and a hot figure on Wall Street.
Then Jester slowly pieced together a slightly complete infographic from the information revealed by his grandfather's conversation with him.
In short, it was Sandy Will who felt he was framed.
He had just messed up a big business that the company handed over to himself - he was constrained everywhere in the company and failed to bring a fund called Firefighter out of trouble. Then there was a rumor about impeachment in the company. Jester didn't understand the specific process, but he kept hearing a name called Gowsner from Sandy Will's resentful cursing tone.
Jester has also heard of this name. In fact, anyone who studies computer majors in later generations will hear this name if they have a little understanding of the history of computers.
He is not a famous computer expert, nor is he a genius who invented advanced algorithms or languages. He is more difficult than these, and he is much more professional and great, because he saved the world's most influential computer company, the Blue Giant IBM.
He is Louis Gowsner, who is recognized as the greatest CEO and chairman of the board of directors in IBM's history.
He is known as one of the best managers in the world like Jack Welch.
His case of saving the Blue Giant is the same as Jack Welch's case of saving GE, and it is something that every business student will inevitably learn.
Of course, IBM is now at their peak, and both the mainframe and personal computer business are booming, so of course there is no need for anyone to save it.
Like Sandy Will, Gowsner is far from the fame and status of later generations.
It just so happened that Gowsner was also working in Yuntong Company at this time. The ideal of the biggest contributor to the establishment of Yuntong Centurion Card was to take over the power of Yuntong Group from Old Robinson, and Sandy Will also think so.
Unfortunately, neither the second and third-ranked powerhouses in Yuntong Group were able to achieve this goal.
First, Sandy Will will be squeezed out of the Yuntong Group next year, and then Gouser will also leave in 1987. Finally, he will be the leader of Yuntong, who will be unexpectedly the unknown Stanford Willger.
Only then did Sandy Will realize it suddenly and then he and his friend who was at Shelson Securities were renounced.
Then, these two people who were swept out by Yuntong started a gorgeous and unusual performance, leaving a brilliant mark in history.
One started with a small seven million dollar company and went on the path to becoming the greatest banker of Wall Street ever, while the other became IBM's savior.
When Jester saw that Sandy Will had been enlightened by his grandfather for a long time, his face was much darker and he smiled a few times while talking and laughing.
He knew that Sandy Will had not given up completely yet, and he wanted to make a final try before the final annual financial report came out. As long as he could bring the firefighter fund out of the predicament, he still had a chance, but after a year, he probably wouldn't think so.
No one would dislike his lack of money. Since there is such a chance, Jester did not intend to let go and hug such a super powerful golden thigh that left a heavy mark in history, but now it is still far from the time.
He wanted to cooperate with Sandy Will as a partner, and not as an elder to support his younger generation.
A person like Sandy Will has such a strong desire to control himself, he is absolutely impossible to become anyone's subordinate - he even followed him for a full sixteen years and regarded him as his nephew, Jamie Damon, who could give up without hesitation in the power struggle.
But when he was completely desperate and wanted to start over, Jester knew that it was his chance.
I will not try to control this terrifying giant crocodile, no one in this world can control him - even he regards federal laws as nothing, he will only follow him, and the seven million dollar commercial credit company that followed him evolved into a world-class financial giant, robbing amazing profits.
But this has to leave a sufficient impression on him, otherwise how could he want to get himself when he wants to make a comeback in two years?
Jester thought so.
Perhaps Jester's grandfather wanted to boast about Jester's extraordinaryness, so he told Sandy Will what Jester had done recently.
When he heard Jester making video games, a look of disdain flashed in Sandy Will's eyes. He was about to advise Jester not to continue making video games. Sandy Will, the senior executive of Yuntong Group, knew very well how many people and how much money they had with Atari in recent times and were buried alive.
It can be said that in the eyes of investors on Wall Street today, the electronic game industry may be the industry they are the least optimistic about.
But when he heard that Jester received the first order of $60 million and the second additional order of $30 million in the first month with the first game, the head of the future Citigroup stood up from his seat in surprise.
He looked at Jester in disbelief, and a report he had just read not long ago appeared in his mind, which was about the extremely hot arcade "American Square" sold on the market. Some people on Wall Street also believe that electronic games are likely to recover with the popularity of "American Square", and Mars Entertainment is very likely to replicate Atari's success.
But Sandy Will scoffed at this remark.
He made his comments straightforwardly. Perhaps the arcade market will recover to a certain extent, but as long as home electronic game consoles cannot restore their former glory, electronic games will be an industry with no investment value.
As of now, home electronic game consoles are still a stagnant pool, and Atari's game consoles are still clearing their stock at a low price.
Of course, Jester didn't know about these things. If he knew, he had to admire Sandy Will's precise vision.
This person who has never been in this industry has seen the essence of the electronic game industry - home computers are the core of everything.
In fact, arcades are relatively small under Atari's impact. Arcades can survive because an arcade machine must first pass the level of the arcade shop owner. Those shoddy games are ignored, so the owner of the arcade shop naturally cannot go into that kind of machine to pay for money.
And players are not harmed by shoddy arcade games, so they naturally will not have the irreconcilable hostility towards arcades like home machines.
"Your company is called Mars Entertainment? It's the game company that produced "American Cubes"?" Sandy Will has a great memory. He actually just glanced at the report about "American Cubes", but the general core content was as if it was firmly engraved in his mind after memorization.
"Yes." Jester was also a little surprised that Sandy Will actually know the name of his company.
"I've read a report about the game you have in your company. The analyst at Yuntong said that the game is worth hundreds of millions of dollars. Also, my little daughter likes the game you made very much. In order to prevent her from going to those arcade ghosts every day, I had to spend $10,000 to get one. Since I moved it home, everyone in my family has become its fans."
Sandy Will explained with a smile, then he changed his voice and said seriously at Jester with admiration: "I heard that you were decisive in the first promotion, bold and confident. It seems that you are sure that your game will definitely be successful. Confidence is an extremely rare quality. I also heard that your negotiations with the Schwell Group were full of desire for interests, which made me see that you have the talent to become a top financier."
Then he stretched out a hand to Jester, and his face still had the extremely admiring expression: "Jess, as an elder, I want to ask you a question, are you interested in being a financier on Wall Street?"
Then Jester was speechless. It seemed that Sandy Will now just felt that even if he couldn't be the head of Yuntong this time, there were still many places he could go after leaving Yuntong with his qualifications. But he would never have expected that from leaving Yuntong next year, he would start his unemployed life for more than ten months. For people like him who claim to be a top financier, unemployment is more terrible than death, because unemployment means that the entire industry has lost the trust you should have in you.
If it weren't for the article written by Fortune magazine for him, he wouldn't have even had the opportunity to make a comeback by relying on commercial credit companies.
And it is indeed not Jester's interest to be engaged in the financial industry. Although he knew that this industry was a hundred times more profitable than playing games, he knew nothing about it. Looking at the powerful palm that Sandy Will stretched in front of him, Jester thought about the wording of rejection.
Jester only does what he is good at, and then gives people he is not good at to those he is good at.
He also stretched out his palm and held Sandy Will's hand together. After all, Sandy Will was his elder, so it was not a big deal to let the other party stretch out his hand so embarrassedly.
"Grandpa Sandy."
Jester felt that since Sandy Will had a relationship with his grandfather, although the age difference between the two sides was very large, he should have called him grandfather.
Then he continued: "I made video games because I like them, I like the feeling of making them, I like the pleasure after completing them, the sense of accomplishment that others agree with. As for the success of "American Squares" was also unexpected for me. It was just an immature attempt by me. My dream is to make the best video games that can revive the industry and make the game popular again, and for nothing else, it is my dream."
After hearing this, Sandy Will did not show a look of disappointment on his face, but instead looked at Jester and admired him even more.
"Every young man is qualified to pursue his dreams, and I was the same back then - but my dream was to become a top engineer like Frank Goll, but after I studied at the best engineering school in the United States for a while at Cornell University, I was not that material at all. Those physics and mathematics made me dizzy, so I turned to a major in politics that had no use and only knew how to talk. My biggest gain here was to meet your grandpa, my best friend."
Perhaps it was because Grandpa Jester's persuasion just now that Sandy Will's expression returned to the usual situation. Without the decadent look on his face when he just entered the room, on the contrary, he became full of confidence. Perhaps because he was in a better mood, or perhaps because he saw that Jester was a rare talent that satisfies him, he began to give enthusiastic speeches.
"...Jess, I heard that you just finished your sophomore year at UCLA and studied electrical engineering? This major is good, but you should also read more philosophy and history. They are particularly important to a businessman. Fortunately, you didn't study business. I agree with Jim Rogers' conclusion about this. This major is useless... Well, if you feel that electronic games are still not improving after graduating from college and there is nothing better to do, you can go to New York to find me, and I will take you to a world you have never seen before, in which you will enjoy the wonderful feeling of controlling everything."
"Thank you!" Jester said sincerely. He could hear the kindness of the other person as an elder in his speech. Of course, he had also heard the words Jim Rogers often said to students when he was teaching at Columbia School of Economics.
"Learn history and philosophy, it's better to do anything than to go to business school; be a waiter, travel to the Far East." Rogers always told all students when teaching at Columbia School of Economics, "You shouldn't come to the School of Economics. This is a waste of time, because including opportunity costs, it costs about $100,000 during school. This money is better than investing in business than spending money to go to school. Although it may or may lose money, it's better to earn money than to sit in the classroom for two or three years, and listen to those "senior professors" who have never done business before and talk about it. "
Jester doesn't want to make too much comment on this, even though Jim Rogers is the best analyst in the world.
And as Sandy Will said before, Jester is indeed going to find him two years later.
But it was not to follow him into the financial industry, but to take on the giant ship that no one could foresee.
And that time was the moment when Sandy Will was preparing to make a comeback at the lowest point in his life. If he didn't join, wouldn't it be a little stupid?
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Chapter completed!