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Chapter 97: lt;Game kinggt;
After drinking with Jung Jinsup, Woosung called Jang Gwangchul.
"What percentage of stocks were you able to buy so far?"
"Hey! It's 2 am in the morning!"
"But this is important. Tell me."
"I didn't have a lot of time, so only 10%."
"Fine. Keep going."
After the call, Woosung leaned back in his new car. He gave the car Jang Gwangchul gave him to his parents. Then, he got a new company car for himself.
Mercedes Maybach line.
It was worth 800,000 dollars.
It was more than a car. It felt so comfortable Woosung didn't feel like he was riding one. It felt like he was sitting at home in a sofa.
'Jung Jinsup's shares as collateral would get me 15%. I already have 10%. I will buy another 20%, which will make it to 45%. Then I will get my US company to buy 6%, which will make it a total of 51%."
51%.
It still didn't feel enough. To terminate a CEO, the board of directors needed to be called for a meeting, but only the CEO had the power to call such a meeting.
No CEO would ever call for it, which meant he had to call for a shareholder's meeting.
The meeting required the attendance of at least 1/3 of the shareholders and 2/3 of the attendees needed to agree on the decision.
If 100% of the shareholders attended, having 51% may not be enough. Woosung wanted to be sure of the outcome, which meant he needed to have 67%. He needed 16% more.
16%.
If he made enough money during the Dubai Shock, it was possible.
"We have arrived."
The driver announced.
It was very late.
The moon shined brightly. Soon, Woosung knew he could steal MOX from Jung Jinsup. However, there was one more thing.
"He probably has a lot of personal assets."
Woosung wanted to take everything from him. He wanted Jung Jinsup to have nothing.
"What to do…"
He went inside his home and continued to think. The first thing he needed to do was to further decrease MOX's sales. Suddenly, Woosung thought of something.
"League of Ancient"
It was a game created by a relatively new game company RightNow. By 2018 in Woosung's previous life, the game was a world-wide sensation. An eSport event was even held for the game with a prize of 5 million dollars.
Woosung opened his computer quickly and searched for League of Ancient. At this point, it was only in the closed beta test stage, which meant it was currently being developed in America.
If he purchased the company and released the game in Korea, it could be the end of MOX once and for all. He could also make a lot of money from this game as well.
The next day, Woosung flew to America.
RightNow game company.
Its office wasn't very far from KND's headquarter in Silicon Valley. Based on Woosung's research, it was a 3-year-old company with a big investment from a Chinese company Tencent.
By 2018, Tencent was one of the top internet service companies in the world.
When they arrived at RightNow, Jang Gwangchul asked Woosung.
"Can you just tell me in advance how much you are planning to spend?"
"I'm willing to pay up to 300 million dollars."
"On a game that is only in closed beta test stage?"
"How many Coconut users do we have so far?"
"One million in Korea, five million in the world."
"If we link the game to Coconut, it will take care of the Korean market."
"Link?"
"We can make it so that any Coconut users can login to the game with their Coconut ID. It would be convenient for them since they won't have to make a separate account for the game." Woosung continued quickly. "It is a good game. It will be a success world-wide. It is a guaranteed investment."
"So you're going to offer them 300 million dollars?"
"At least. I am not coming out of this building without buying this company."
The CEOs of RightNow were shocked at Woosung's generous offer.
300 million dollars.
Mark Brown and Brandon Reynolds had their mouths gaped at Woosung's proposal.
"I have checked the game and people's reviews. It's good. It's a fast-paced game compared to the existing MMORPG platform. It also has great hero characters."
Mark Brown stopped Woosung.
"W…wait. Let's take a moment first."
Woosung leaned back and replied. "Haha, ok."
"Are you really offering us 300 million dollars, and we won't lose any control over the company?"
"I won't interfere with your game development, but I may want to cooperate with the operation side of the business. For example, I want to be able to decide when to release the game in Korea, and I want to allow the Coconut Talk users to be able to play the game without additional account setup."
Mark Brown knew the Coconut very well. He himself was using it.
"Are you referring to the Coconut messenger?"
Coconut Talk was now a popular app in US. Mark Brown took out his own phone Blue S and pointed at it.
"You mean this?"
Woosung nodded. "Yes. I am the CEO of that phone's company. I think we could become good partners."
"W…we were actually going to suggest the same thing…"
Becoming a part of a popular existing services such as Facebook or Coconut was the best way to attract users for new games.
"That's perfect then. If you have no objections, I would like to sign the contract today. We need to move fast to get things going…"
Woosung was dying to destroy MOX.
The two CEOs of RightNow tried their best not to look too excited as they waited for the paperwork.
Tencent headquarter.
"I can't believe they sold more shares to another company other than us." Tencent's CEO Ma Huateng swore.
At the young age of 36, he became successful with the messenger HH.
"It has been reported that it was a Korean investor. His name is Kang Woosung. The funny thing is he took over the company under his personal name, not his company."
"What the hell? Who is he?"
"He is currently operating a company called KND. It created the smartphone Blue S."
"You mean the phone with the Coconut Talk?"
"That's right. He is also the CEO of Coconut Talk company. He is involved in many different businesses."
"Explain."
Ma Huateng took the report from his assistant and read it quickly.
The assistant continued, "He took over a small Korean PDA company after the financial crisis. He finished the development of Blue S in a Silicone Valley office. The strange thing is that KND and Coconut are two separate corporations and he owns the majority shares of both companies."
"So both are Kang Woosung's personal companies?"
"That's right. KND is listed, while the other isn't."
"That's strange."
"He also owns a hedge fund in the US."
"Hedge fund? Worth how much?"
"Almost 900 million dollars. He purchased RightNow with the money from this fund."
Ma Huateng ate a piece of chocolate. He was trying to quit smoking.
"900 million dollars is only our guess. It appears he made more recently, but we don't know how much."
"I can't believe he spent that much money on a game that hasn't even been released yet."
"He does seem like an eccentric man."
"…And he recently opened an office in Zhongguancun?"
"Yes, and he is looking to hire a CEO to run this office onsite. He appears to be planning to release Coconut talk in China, but with a different name in Chinese so it looks like a Chinese service."
"Why don't we report him to get tax audit?"
"We suggested it to the authorities, but because of the financial crisis, the government doesn't want to discourage any new businesses."
"Then I guess we should wait and see. I don't like it at all though."
"Yes, sir."
Ma Huateng took another piece of chocolate.
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Chapter 98: lt;Game kinggt;
After signing the contract, Woosung and Jang Gwangchul went for a drink.
"Are you satisfied now?"
"Haha, would you believe me if I said yes?"
"No. You probably want more. What are you thinking?"
"I am trying hard not to just get up and go to Finland."Jang Gwangchul didn't reply to Woosung's odd comment. He kept drinking.
"My dream told me to go to Finland. It said there is a chance to win the world in Finland."
Jang Gwangchul waved his hand for Woosung to continue.
Woosung took a sip of his whiskey and added, "It also said to drop by in England first. There is a man I need to meet."
"Did it also tell you to go to the North Pole?"
"Haha, no it didn't say that."
England's Deep Mind.
In the future, its AI, AlphaGo, would beat humans in the complex game of Go.
Finland's Power Cell.
It would create a popular mobile game Clash of Clans and the company would reach a net worth of over 10 billion dollars.
These were the companies Woosung remembered from his previous life.
"Are you telling me you really saw these things in your dreams? Including the success of the League of Ancient?"
Woosung nodded. "You saw how all of my investments turned out to be successful."
"That's true, but…" Jang Gwangchul took another sip of his whiskey. "When I first met you, I saw you as just a smart programmer. Because I knew IT would be the way of the future, I figured you would make something big."
Woosung listened carefully as Jang Gwangchul continued honestly.
"My estimation of your worth was at least 10 million and up to 100 million dollars. But I never imagined things would turn out like this."
"Isn't life more fun this way?"
"Sure, why not. So will you really go to England? Then Finland?"
"Haha, no. I don't have enough money. I will go there next year."
"So it's going to cost hundreds of millions of dollars again, right?"
"Haha, probably."
"Well, I guess you need to spend big to make big."
"I am always appreciative of you, sir. Let's work hard together."
"Why are you suddenly nice to me?"
"Haha, I've always wanted to tell you that. Now, shall we go? We have to work tomorrow."
"Alright. Let's go."
"October 27th, 2009. League of Ancient will be released in America and Korea at the same time."
With this news, MOX's stock continued to decline. It was now at 23.10 dollars.
"Game to be available exclusively through Coconut Talk."
Jung Jinsup called Woosung for an explanation. Woosung gave vague answers, telling him he had no other choice and Jung Jinsup couldn't do anything but to accept Woosung's explanation.
On the day of League of Ancient's release, MOX CEO Jung Hyosung called for an emergency meeting.
"The Legend operating team reported we need to close a third of the servers right away due to lack of players."
Jung Jinsup and his colleagues in the room fell silent.
"This means the sales have decreased by a third."
Jung Hyosung no longer looked confident. He looked angry and frustrated.
He yelled, "Choi Gilak, can you tell me what happened here?"
"It started with the new castle owners increasing the taxes. I suggested for the company's interference from the beginning, but the development team wouldn't accept my solution."
Choi Gilak looked at the development general manager. Everyone followed his gaze.
"He only brought solutions that weren't acceptable."
The general manager couldn't disclose the existence of the master account without getting into trouble, so he didn't explain further on what Choi Gilak had suggested.
He continued, "So I suggested limiting the castle owners' power over the game, but Choi Gilak wouldn't listen."
They were pointing fingers at each other. Jung Hyosung frowned in disgust. Jung Jinsup looked at them with a bitter gaze.
Jung Hyosung announced, "Just stop. We aren't here to blame each other. We are here to come up with a solution."
Jung Jinsup suddenly opened his mouth, "I think we need to release the next project as soon as possible. We lost so much of the gamers' trust with Legend."
Choi Gilak agreed, "I think so too. Battle Round has received an excellent overall review from the closed beta test."
The general manager replied with a worried tone, "But we still haven't stabilized the servers. We also had negative reviews regarding bugs and unbalanced items."
Jung Hyosung asked, "Then are you suggesting we give up on Legend?"
"The gamers are sick of this game. I wouldn't say we give up on it, but maintain it as is. We shouldn't put any more efforts to it."
Jung Jinsup continued, "MMORPG is the future of the gaming landscape. Did you see the reviews on League of Ancient? Short casual games are the new ways to go. It's the current trend and we need to follow it."
Everyone nodded.
After the meeting, the father and son duo stayed behind.
"So is it true you borrowed money with your shares as collateral?"
"We needed the money to hire more programmers and finish the next game sooner than we planned. Because of the decline in Legend's sales, we were and still are very short on funds."
"Then why didn't you just let go of some of the unnecessary personnel? Using your company as collateral is dangerous."
"We already had to fire so many people during the financial crisis. If we lost any more, who will run the company?"
"…I suppose. Are you sure you can trust him? Isn't he the guy who released the League of Ancient on Coconut app?"
"You know me, dad. I'm not gullible enough to trust anyone in face value, but Woosung is alright. Besides, I got a solid contract."
"Well, I trust you."
"Then as we decided, I will release the Battle Round earlier than our planned date."
"Alright. Take care of it."
Jung Jinsup nodded.
Meanwhile, MOX's stock price continued to plummet.
"On November 1st, the government declares a national emergency due to the H1N1 pandemic. All public schools have closed and the Korean SAT exam has been postponed indefinitely."
Woosung turned off the TV and checked MOX's stock price.
19.70 dollars.
It was at its 52-week lowest. As it deteriorated, Woosung continued to buy more.
He already owned 5%.
He made public disclosure of his ownership. He had Jung Jinsup's 15.5% as collateral. Another 15% was under someone else's name. KND as a company also owned 10%.
Woosung had a total of 45%. If he included the stocks owned by his US hedge fund, he had well over 50%. Knowing this made him unable to stop his grin.
Jung Jinsup.
Woosung couldn't wait to see his face when he found out.
Woosung checked the reviews on League of Ancient.
"Over 500,000 users. The most popular game online. Great reviews from gamers…As I expected."
It was going as well as it did in his previous life. Woosung remained grinning ever so broadly and continued to read the news articles.
The game was doing well in North America too.
Everything moved according to his expectations. Blue S's sales were still rising while Coconut Talk users were ascending.
Knock knock.
Jang Gwangchul walked in.
"Sir, it's ready."
Woosung nodded and followed him out. Inside the main office area were two large LED display boards on the wall.
On the top board was a number, '5,000,000'.
It was the number of Blue S's total sales so far.
All the employees looked at Woosung. Jang Gwangchul, Park Byungki, and Hong Soobum stood next to him.
"If you multiply that number by 600 dollars, it comes to 3 billion dollars."
3 billion dollars.
People looked at him in excitement.
"Which means our sales have reached 3 billion dollars. This is thanks to all of you who have supported me without question."
Woosung glanced at Jang Gwangchul, who coughed awkwardly.
"It wasn't easy, but we finally got here, and we will go on even further." Woosung paused and continued. "And I promise you, your bonuses this year won't be disappointing."
Everyone applauded. Woosung went back into his room.
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Chapter 99: lt;Game kinggt;
Jang Gwangchul was excited. "What a profit! This is amazing. I can't believe it!"
"I'm glad."
"Glad? You should be jumping with joy."
"This is only the beginning. We need to do much better."
"You need to learn to enjoy your success."
"You know me, I have big dreams."
"I know, I know." Jang Gwangchul grumbled.
Woosung asked Hong Soobum, "How's it going in China?"
"As you requested, I got an office in Zhongguancun and looked into the list of companies you gave. It's taking longer than I expected because of the H1N1 situation."
"Please contact as many Chinese companies as possible and get the investment through. This is as important as the Coconut service itself."
Tencent.
Xiaomi.
DJI.
Alibaba.
Woosung planned to invest in these companies, which he knew would become big in the future.
"Yes, sir. I will work on it and let you know."
Woosung replied, "I need to go to America for a while. I need to go meet the people who made Blue S possible in Silicon Valley."
Jang Gwangchul looked at Woosung doubtfully. He felt like there was another reason for Woosung's visit.
"But you just got back. What are you planning to do?"
"Haha, I didn't have a lot of time then because it was such a short trip. I'm telling you the truth."
But Woosung had another plan. Dubai Shock would happen at the end of this month.
He planned to make money through crude oil future trading.
'I need to do really well this time.'
Because of Dubai's moratorium, WTI crude oil price would dip.
Woosung looked at Park Byungki and asked, "How's it going in Daeyang? I heard they are coming out with a new smartphone."
"My sources tell me it would be released in March next year, but because of Blue S's success, they are trying to release it sooner. The real problem for us is how TK Telecom is refusing to launch Blue S."
"That's not a problem. Blue S is already released through LU Telecom and TK Telecom users are switching to LU just to get Blue S."
"Are you serious?"
"Yes. It will get even worse for TK when Blue S2 is released."
No one could argue with Woosung. A similar thing happened with iPhone when it was released in Korea. It was available only through LU Telecom, which caused a significant loss to TK. Woosung believed the same thing would happen with Blue S. Jang Gwangchul looked at Woosung.
"I wonder how many Blue S2 will get sold in Korea. We sold over a million Blue S."
"It will take some time, but I am expecting to sell at least 10 million."
"If we sell 10 million in Korea, then internationally…"
While Jang Gwangchul gawked, Woosung turned to Park Byungki.
"I will let the office in America know. Please get ready for the mass production of Blue S2. This means the third factory in Gimpo needs to be ready ASAP. As soon as Daeyang releases its new phone, we will release our S2 to compete against it."
"By the way, we got a call from the Information Department. The new Minister of Information wants to make an official announcement regarding the national employment rate at a business luncheon. Because KND recently hired so many people, you have been invited to this event. I'm not sure if you know, but the new minister Kim Woogyum is situated in Gimpo."
As Woosung listened quietly, Park Byungki continued, "Many people will attend including people from Daeyang. It will be a good opportunity to make important acquaintances."
"Alright. I will attend. Please RSVP."
After the meeting, Woosung talked to Jang Gwangchul in private, "How's it going?"
Jang Gwangchul knew exactly what Woosung was talking about.
He replied, "We have 17% so far. If we continue like this, the stock price may rise. MOX may be losing customers for now, but Legend still has a solid base of faithful fans. It could recover quickly."
Woosung knew this as well.
In his previous life, Legend was reborn as a mobile version, Legend M, a huge hit. Its new game Battle Round was an even bigger hit worldwide.
"How's League of Ancient doing?"
"Great as you predicted. We also took your suggestion and hired Lee Ari and Yoo Sona as the official models for the game. Their signboards are apparently being sold in the black market because they are so popular."
Woosung laughed, "Haha, the display boards?"
"That's right, and you remember Yoo Sona, right?"
Jang Gwangchul glanced at Woosung, who replied indifferently, "Of course. I know her very well."
He remembered that night, but he shook his head to focus.
"Then we are finally the major shareholder of MOX. 17% under a different name, 12% under KND, and 10% under my name."
Jang Gwangchul didn't know, but Woosung also had 15.5% as collateral from Jung Jinsup. He also had 7% in the US account.
It was a total of over 61%.
"What are you planning to do? Are you going to do it?"
"There is someone in MOX I know very well."
He needed to remain close to Jung Jinsup to take everything away from him. He also still needed Jung Jinsup to get close to Choi Gichul.
"Then what are you planning?"
"I will combine all the stocks in one spot."
"W…what?"
"And someone else will attack MOX." Jang Gwangchul couldn't understand what Woosung was talking about. Woosung continued. "After the Dubai Shock, I need to transfer the stocks, so please get the documents ready."
Jang Gwangchul replied, "Yes, sir."
"It will need to happen on December 24th, Christmas eve."
Jang Gwangchul wanted to ask more questions, but he knew Woosung was done with this conversation.
TK Telecom's Jun Taewon gritted his teeth as his director approached him with a customer report.
"About 5000 customers left our service."
"Is it because of Blue S?"
"Yes, based on our survey."
"Is it that good?"
Jun Taewon remembered meeting Woosung at the party.
He had a bad feeling then.
The director replied, "Per Daeyang's request, iPhone's release in Korea has been delayed, but we couldn't stop Blue S's launch by LU."
"What does Daeyang want?"
"They have asked us to delay Blue S's release through TK, but they realized how much it's costing us. If this continues, we could lose up to 50% of our customers."
"What does our Chairman say?"
"He said he will trust your decision."
Jun Taewon gave this conundrum one thorough thought. If things continued like this, the company would have a big loss, but if they released Blue S, they would lose Daeyang's trust.
Plus, he hated Woosung, "Hmm."
The director asked, "Should I arrange a meeting with KND?"
"No, that's not necessary. I will be meeting him at the upcoming business luncheon."
He also had plenty of opportunities to meet Woosung at the KYLO meetings.
The director suggested, "I think we should consider launching Blue S. There is a rumor Blue S2 is in the works."
Jun Taewon still couldn't make a decision. He was rude to Woosung at the KYLO party. He admitted it was a stupid move.
The director continued, "If LU releases iPhone as well, we may not come out of this alive."
Jun Taewon nodded. The company's well-being was more important than his pride.
"Alright. Get in touch with KND."
The director nodded and left the room.
Woosung entered the luncheon in an expensive suit. Many familiar faces were already at the party. Some were from KYLO, while others were people he saw on TV. He also noticed TK Telecom's Jun Taewon and Shin Semi.
However, Woosung was looking for someone else.
Choi Taemin.
Woosung realized that even if he took out Choi Gichul, Daeyang would still survive if Choi Taemin was there.
Suddenly, someone tapped Woosung's shoulder from behind.
"Haha, we finally meet. I am Choi Taemin from Daeyang."
Behind Choi Taemin were Choi Gitae and Choi Gichul. Woosung forced a smile on his face and shook his hand.
"Nice to meet you."
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Chapter 100: lt;Game kinggt;
Choi Taemin.
Woosung had never met him before. It felt surreal, but he didn't feel nervous. He looked at the three brothers leisurely. It was clear Choi Taemin was the leader of the three. He was smiling while the other two looked rigid. Woosung grinned. He bowed towards Choi Gitae.
"You are here too. Thank you so much for the smartphone parts. Thanks to you, Blue S is doing very well. I meant to call you, but this is even better now that I can tell you in person."
"Haha, no problem."
Choi Taemin frowned. Choi Gitae glanced at Choi Taemin nervously.
Woosung thought.
'So Choi Taemin didn't know about this deal?'
Choi Taemin turned to Woosung and said casually, "I am hearing good things about KND. People say Blue S is beyond anyone's expectation."
"The second version of it is on its way. We are working very hard on it."
Choi Taemin smiled.
Choi Gitae stepped forward and said to Woosung, "I am sure it will be a huge success just like Blue S1."
Choi Taemin again frowned briefly but didn't say anything.
Woosung smiled and replied, "Thank you."
Woosung sat down in his designated chair. He looked around and glanced at other's name cards.
'Daeyang, Nuri Finances, TK Telecom…All the biggest companies in Korea…'
Suddenly, Woosung spotted Shin Semi.
'And that must be Shin Yongwon.'
Beside Shin Semi was a tall older man. Woosung knew right away. He had seen him on the news a few times before.
Woosung's eyes met Shin Semi's. Shin Yongwon whispered to his daughter, and Shin Semi's cheeks reddened.
Shin Yongwon walked up to Woosung confidently. "Nice to meet you. You must be KND's Kang Woosung?"
Woosung stood up and shook his hand. "Yes, that's right."
"I have heard good things about you. I hear you are a VIP at Nuri Finances."
"I have been lucky."
"A few millions can be earned with luck, but not a billion dollars. You know this as well as I do."
Shin Semi pulled her father's arms lightly.
Nuri Enterprise.
Woosung had no need for this company.
When Woosung remained silent, Shin Yongwon asked knowingly, "My company is no use to you, is that it?"
Woosung replied, "Currently, I have no need to borrow any money."
"I did hear your smartphone is doing very well."
Woosung had no time to waste on this man right now. He had more important things to do including monitoring the Choi brothers. Woosung gave a short offhand answer.
"Thank you."
Shin Semi frowned at Woosung's attitude, but Shin Yongwon found it amusing.
"Gosh, my legs are killing me. I think I need to sit down for a second."
He then sat beside Woosung. Shin Semi pulled his arm again, but he didn't budge.
"You have met my daughter, Shin Semi, right? I heard you used to work at Nuri Finances as a developer."
"That's right."
"That's amazing. It has only been a year, yet here you are." Woosung didn't reply, but Shin Yongwon continued. "I tried to scout you, but obviously, I failed. I also tried to make your acquaintance, but that didn't work out either."
Shin Yongwon smiled meaningfully.
"But I think things will work out alright in the end. My daughter will tell you."
Shin Yongwon then stood up and left. Shin Semi looked at her father in embarrassment, while Woosung grinned at her.
Suddenly, Jun Taewon came by. "Chairman Shin is still so mean. How are you guys doing?"
Both Woosung and Shin Semi frowned at his appearance.
Jun Taewon announced proudly, "I have good news for you. TK Telecom has decided to launch Blue S, so please make sure you are ready to supply us with the products."
KND didn't need TK for Blue S's sales, but Jun Taewon said it as if he was doing Woosung a favor.
Woosung replied rigidly, "I will look into it when I get a chance."
"Haha, if you don't get to it fast, you might lose us."
"If that's the case, then that's fine with me."
"Wow, what confidence. Are you saying you are going to refuse to sell the phone to us?"
The air became tense.
Jun Taewon glared at Woosung, who replied, "Yes. I don't feel like I need you at all."
Shin Semi frowned at Woosung. TK Telecom owned 50% of Korean mobile business. If KND lost TK, it meant KND lost 50% of the market.
Jun Taewon laughed clumsily, "Ha…Hahaha."
He quickly reddened in anger. Woosung ignored him and turned to Shin Semi.
"I don't think this is a good time for our conversation. Shall we meet later perhaps?"
Jun Taewon glared at Woosung. They were now officially enemies.
Jun Taewon replied, "Then I guess TK needs to reconsider this."
Woosung said in a bored tone, "Whatever."
Suddenly, Lee Sunghyun came by and placed his hand on Woosung's shoulder.
"Haha, this is getting really ugly."
"No, we were just talking business."
"Haha, you are always working, President Kang. No wonder you're so successful."
Woosung couldn't be rude to Lee Sunghyun.
Woosung smiled and replied, "No, it's all thanks to you."
"But I didn't do anything."
"You gave me the chance to meet so many important people."
"Haha, I'm flattered."
Lee Sunghyun turned to Jun Taewon. "Vice president Jun, may I borrow Woosung for a while. There are a few people who would like to meet him."
"Oh, of course."
"Then let's go, Woosung."
Lee Sunghyun took Woosung to the new Minister of Information, who was chatting with Choi Taemin.
Lee Sunghyun said to the minister, "Minister Kim, congratulations."
"Oh, Attorney Lee! It's all thanks to you."
"No way. It's all thanks to my father."
Father.
People frowned at the not-so-subtle mention of the President of Korea.
Lee Sunghyun continued, "This is KND's Kang Woosung."
Minister Kim shook Woosung's hand. "Nice to meet you."
Kim Woogyum.
He used to be the chief of strategy for the current President Lee Parksung during the election. Woosung remembered reading about his profile online.
"How do you do. I am KND's Kang Woosung."
Choi Taemin looked unhappy as Kim Woogyum focused on Woosung instead of him.
Minister Kim told Woosung, "Thank you so much for building a factory in Gimpo. It has helped the area a lot with many new jobs."
"I am happy to be of help."
Lee Sunghyun patted Woosung's shoulder and added, "Other companies selfishly build factories in China to save money, but Woosung here chose to be a patriot and help our country by creating new jobs. Don't you think he is a great businessman?"
Kim Woogyum glanced at Choi Taemin awkwardly and replied, "Haha, o…of course."
"And if you remember, my father's main election promise was decreasing the cost of telecommunication for the public."
Kim Woogyum nodded and replied, "I have been thinking about that. It will be difficult to keep that promise."
"Woosung has the answer for that problem."
Everyone turned to Woosung in shock. Woosung realized what Lee Sunghyun meant to do.
"Woosung is interested in becoming the fourth mobile carrier to decrease public's cost and provide a better service."
Jun Taewon's eyes widened in anger.
Woosung replied casually, "I am ready for the next step. I will make this industry better."
Kim Woogyum laughed, "Haha, I like your confidence."
"I know it won't be easy, and I'm not asking for a favor. All I ask is for you to be fair and consider my proposal with an open mind."
"But I don't have much authority over that industry…"
"I realize the mobile industry is a responsibility of the Ministry of Communication, but the financing plan will be reviewed by you."
Kim Woogyum tapped Woosung's shoulder encouragingly. "Alright, I will be fair. Good luck."
Woosung bowed deeply. "Thank you."
Jun Taewon fumed in anger. The Choi brothers also looked unhappy with this new development.
Lee Sunghyun talked to Woosung in private, "Please don't think I'm using you in any way."
"Haha, I don't think that"
"I know businesses like this work best when prepared in closed doors, but I just couldn't stand how those guys abuse their power. They have been increasing the mobile user fees and won't even listen to the President's request. Something is needed to be done."
Woosung listened quietly.
"By the way, I have suggested your algorithm trading to the National Pension Plan department. The final decision will be made in May, next year."
"Thank you."
"Are you really serious about the mobile carrier business? You are doing so well with your smartphone, I'm not sure if getting into such a difficult industry is a good idea for you.'
"I am all in."
Lee Sunghyun laughed and Woosung did the same. They were becoming good friends.
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Chapter 101: lt;Game kinggt;
Thanks to Lee Sunghyun, Woosung was the talk in the luncheon. Woosung was introduced to most of the people at the party. He managed to make crucial acquaintances that day.
After the event, Shin Yongwon walked towards Woosung.
"So did you get a chance to talk to my daughter yet?"
"Unfortunately, no."
"Gosh, I keep telling that girl she needs to be more aggressive if she wants to get what she deserves."
Shin Semi poked her father in embarrassment, but he continued, "I heard you helped her out a lot since the time you were working for Nuri Finances."
Shin Semi warned her father, "Chairman!"
"If you are planning to get into the mobile carrier business, you will need a lot of money. I know you have a good amount of funds, but you can never have enough."
Woosung replied gravely, "I will remember that."
"I would normally invest in only solid businesses, but when it involves your children, you end up making decisions with your emotions. I may be the Chairman of a big company, but I am still a father first."
Shin Yongwon turned to Shin Semi and murmured, "I started the conversation for you, so now it's your turn to finish the deal. I will see you later."
Shin Yongwon left slowly. Woosung looked at Shin Semi in confusion. Shin Semi also looked surprised.
After a few minutes of silence, Woosung offered to her. "I will give you a drive."
Shin Semi accepted and followed Woosung. Jun Taewon looked at them from afar with uncontrollable fury. Woosung glanced back at him knowingly and walked away.
Shin Semi flinched when she saw Woosung's new car. "Nice car."
"The company offered to buy the safest car out there for me."
Shin Semi knew cars very well.
This was an 800,000-dollar car.
Woosung was clearly doing very well in his company.
Shin Semi said to him, "By the way, thank you for your advice before. I was able to gain a little bit of my father's trust because of it."
"I'm glad to be of help."
In the car, Shin Semi gave Woosung timid glances. When she first met him as an employee of the Nuri Finances, he looked worn and average. However, a good suit did wonders for him. He looked striking and she was attracted to him.
"Do you no longer need any more gossips about Daeyang from me?"
"Haha, thanks to you, I am getting enough information on them."
"Then I guess you don't need me anymore."
Woosung didn't know how to respond to this question. The car became silent. After a few seconds, Woosung replied smartly, "A relationship isn't just about needs. That would be too dry."
Shin Semi tried to be brave and asked honestly, "Then do you think we could become something more?"
"Maybe in time."
A vague answer.
However, it was enough to break the ice.
"We have arrived."
The driver announced. Woosung looked at Shin Semi's eyes. "Well, I guess I will see you later."
Shin Semi left the car without another word.
The next day.
Jun Taewon called for his assistant who reported what he saw last night.
"Woosung dropped Shin Semi off at her residence and went straight home."
"Phew…So he didn't go anywhere or meet anyone else?"
"That's correct."
"Did you find anything about his plan for the telecommunication business?"
"We know for sure he is planning for it."
"Of course I know that. He wouldn't lie in front of the Minister of Information."
"He is steadily recruiting new employees and buying equipment. His right hand is Jang Gwangchul, who used to be a famous daytime trader with a popular website."
Jun Taewon panted in anger.
His assistant continued, "What should we do about Blue S?"
"What do you think?"
"I think we should still launch it. If we lose more customers, it could be dangerous for us. If we also lose iPhone…"
"Dammit…"
"I don't think KND will be able to get into the telecommunication business. It will cost more than he thinks he could afford and to find experienced workers will be very difficult too."
"But he declared it at the luncheon!"
"Perhaps the government is behind it. Lee Sunghyun might be using Kang Woosung to pressure mobile carriers to drop prices."
This made sense. Jun Taewon replied slowly, "And that is why Lee Sunghyun mentioned it in front of everyone?"
"It's a perfect plan. It was meant as a warning for everyone."
Jun Taewon agreed.
The assistant continued, "Why don't we release Blue S? We need to retain our customers."
"Fine. Go ahead with it."
The assistant suddenly stammered nervously.
"B…but…"
"What's the matter?"
"KND has told us that it doesn't have the products to supply us."
Smash!
Jun Taewon punched the desk.
His assistant explained nervously, "They said they are already running their factories at their maximum capacity to keep up with the demands from LU and KG. They said once the factory in Gimpo is completed, they may be able to supply us. I think you need to talk to Kang Woosung in person."
Jun Taewon bit his lips. He was embarrassed in front of everyone yesterday, and now he had to go back to Kang Woosung and ask for a favor. His pride couldn't take it.
He asked, "Why didn't you tell me before yesterday's luncheon?"
"We got the message this morning."
"What?"
Woosung was doing this on purpose.
Jun Taewon had a decision to make.
Should he swallow his pride and beg?
Should he possibly cause his company a huge loss?
After a big sigh, Jun Taewon replied, "Where is Kang Woosung now?"
"He went to America. He will be back in December. His company couldn't give me his exact schedule."
"Alright. I will contact him."
November 27th.
"Dubai World proposed to delay repayment of its debt of 26 billion dollars for six months."
"The experts are predicting a possible financial crisis in Europe."
Before the news, Woosung already had Alex take a short position on WTI crude oil.
Alex asked him, "Should we sell now?"
"Wait."
"But if we sell now, our profit would be over 400 million dollars."
Woosung wasn't satisfied yet.
"Just wait."
76.5.
77.4.
78.9.
These were the prices of Woosung's WIT future.
Woosung continued to wait until the price dropped to 73 dollars.
"Now we take a long position."
Alex excitedly started selling. He took a long position quickly.
The price started to go up and ended at 76 dollars that day.
It was all thanks to Woosung's memories from his previous life. Alex saw him as the god of investment.
They worked together for a few more days. The price went up to 78 dollars, then down to 70 dollars, and then back up to 78 dollars within days.
Before Christmas Eve, Woosung made billions of dollars.
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Chapter 102: lt;Game kinggt;
Ryan Capital was founded by Ryan Dosen, who now worked as the company's representative fund manager. He stayed in his office all day and only came out for two reasons.
One was to fire someone and the second was when someone made a profit of over 10 million dollars in a week. When the latter happened, he always came out with a whistle in his mouth.
Today, he walked out of his office blowing his whistle emphatically.
It echoed throughout the office, but no one frowned. In fact, everyone started to clap one by one.
Ryan Dosen slowly approached Williams Liam and shouted, "Ten million dollars!"
This was the amount Liam made this week.
"Haha, good job. Here is your incentive."
Everyone looked at Liam enviously. Ryan handed him a 500,000-dollar cheque.
Liam thought to himself.
'It wasn't me who made the right decision.'
He found out which was the serial number that made impossible transactions during the financial crisis. He followed its moves during the Dubai Shock and that was how he made the profit.
All Liam could think of was that serial number.
'Whoever it is, it must be someone incredible.'
Afterward, Liam looked at the data in shock.
The serial number he was following made 5 billion dollars in profit. This was unbelievable.
He used all his sources to find out who owned the serial number.
KND Investment.
It was a one-year-old small corporation that wasn't even registered in SEC (U.S. Securities and Exchange Commission).
This also meant this company was under the radar. Liam realized he now had two options.
Follow KND's transaction patterns…
…Or go against it and steal KND's profit.
Liam enjoyed playing games. He loved competitions.
He didn't want to be a small fish that followed the big fish for small crumbs. He wanted to be the best of the best.
"Let's see…"
Liam looked at KND's transaction patterns again. Currently, it had 5 billion dollars. Liam swore to take that money away from it the next time.
Woosung and Alex enjoyed their dinner at the Rainbow Room in New York.
Alex exclaimed."Boss, I can't believe your instincts! Where did you learn to do that?"
"It was just luck."
"Then you must be the luckiest man alive. At this rate, you will own the Wallstreet."
"Haha, that would be a dream come true."
There were still many opportunities Woosung remembered till 2018 including 2016 Brexit and next year's Greece economic crisis.
Alex whistled. "I think if anyone can do it, it would be you."
"Well, I can see it happening. Wouldn't it be great?"
Alex shook his head. "I don't know if I can keep up with you."
"Haha, by the way, did you get that thing done?"
"Yes. I created a corporation named DNK and I am collecting the stocks under it."
"And how about Finland's Power Cell?"
"I looked into it, but it doesn't exist. Are you sure about it?"
Woosung thought for a second.
'Then they must have created a company next year and release their game then?'
Woosung enjoyed the game in his previous life, but at the time he didn't look up when or who exactly developed it.
"Alright, I will check it again so don't worry about it. All you have to focus on is to continue buying MOX's stocks and get ready for a takeover."
"Haha, that would be a piece of cake. You already bought a majority of the shares."
Woosung ate a piece of steak and looked out the window. "You need to always be cautious and vigilant."
Alex nodded seriously. Woosung was the one who saved him when he lost everything from making bad investment decisions. Alex always took Woosung's advice very seriously.
10 dollars.
The stock price of MOX finally reached 10 dollars. After the H1N1 situation calmed down, League of Ancient became the most popular game online. Everyone was playing it.
Legend's sale continued to decline.
Jung Jinsup paled when he checked the price. He picked up the phone and called Woosung.
When there was no answer, he called his office where he learned Woosung was in America.
"Dammit! Dammit!"
According to their contract, when the stock price went to 10 dollars and below, the stocks were to be sold automatically to pay the debt back This meant Jung Jinsup would lose all the shares of his company.
"Okay, I need to calm down. Even if all of the shares get sold, I can just buy them back with the borrowed money."
Jung Jinsup breathed slowly. Suddenly, the door to his office burst open and his assistant walked in.
"Sir, DNK has just bought a majority of our company's stocks."
"DNK?"
"It's a foreign investment company. It now owns 47% of our company. If you include the mandates it received from the minor shareholders, this company has 67% of the voting rights to MOX. It has called for a shareholder's meeting."
Jung Jinsup froze.
Jung Hyosung couldn't get angry at his son. He tried to stay calm as he said to Jung Jinsup.
"So you think DNK bought your shares that were sold because of your contract with Kang Woosung?"
"I'm sorry.""But now that the stock price is so cheap, I can buy them back with the borrowed money."
"All 47%? DNK basically now has all the public shares of our company. If you start purchasing in big lots, you will cause the price to go up."
Jung Jinsup asked, "But wouldn't that mean the prices should be up already?"
There were no available stocks to buy in the public market which meant the price should be rising, but it wasn't. This meant one thing.
Jung Jinsup continued, "Stock rotation?"
"That's right. I wouldn't be surprised if this company has been targeting us for a long time."
Jung Jinsup paled. This was a hostile MA.
"There is a good chance the meeting is to kick me out of the company."
Jung Jinsup couldn't breathe. He had to contact Woosung.
He needed to hear from Woosung that this was not happening.
He wanted to hear Woosung deny it, but he knew he would be disappointed.
"Be strong and ready."
Jung Jinsup bit his lips to his father's warning. He had to find a way to buy the stocks back.
When Jung Jinsup got back to his office, there was a call waiting for him.
Kang Woosung.
Jung Jinsup pressed the button immediately.
Woosung answered, "Oh, what's going on?"
"W…what happened to my stocks you held as collateral?" Jung Jinsup asked desperately.
"Oh, I don't know. I need to check with the company."
"Then hurry up. Check it now, and how about the stocks you and your company had?"
Woosung answered with a lie, "The price was going down so I sold it to someone."
"Was it DNK?"
Woosung had to try hard not to laugh.
"Yup, that's right. What happened?"
Jung Jinsup dropped his phone. Woosung waited 5 minutes before hanging up. He texted instead.
"I checked with the company and apparently, the stocks were sold automatically per our contract."
"And DNK was the one who bought everything."
"I will look into DNK myself."
After reading the messages, Jung Jinsup threw the phone against the wall.
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Chapter 103: lt;Game kinggt;
After he got back to his hotel room, Woosung checked his bank account.
5,121,141,000.
5.1 billion dollars.
It was the total of what he made from Apple stocks and the crude oil future.
He used the majority of the money he made from the financial crisis. It was true that more money would yield even more money.
He realized why he never made big money in his previous life. It was the lack of seed money.
He lived every living month with his meager salary in his past life. There was no way he could become what he was right now like that.
Woosung stared at the number for a long time. It was right there on the screen, but he still couldn't believe it. However, he had much more to do. This was just the beginning of his revenge.
"I basically own MOX now, so next is Daeyang."
Daeyang was 10 times bigger than MOX, which meant it would not be as easy.
"I need to continue working on cryptocurrency and maybe get Choi Gichul and Daeyang involved as well…But they aren't that stupid…"
Woosung thought he may be able to get Choi Gichul with the cryptocurrency but not the entirety of Daeyang.
"Well…Let's just continue working on the current projects."
Woosung knew he would get a chance in the future. For now, he had to continue growing his company.
He still had to finish off Jung Jinsup.
Woosung closed his laptop. It was time to go back to Korea.
MOX Emergency Shareholder Meeting
Topic 1. Dismissal of Directors.
Topic 2. Dismissal of Auditor General.
Topic 3. Dismissal of CEO.
Topic 4. Elect a New CEO
Woosung sat as one of the many minor shareholders while Alex sat at the special seat as a major shareholder.
"We will now begin the shareholder meeting. DNK 47%, CEO Jung Hyosung 34%, Development director Kwak Mingu 1%, Chief of CS Team Oh Minjae 0.5%, and the public shareholders 17.5%."
After the summary of shares, they began discussing the topics.
"Our first topic is the dismissal of all directors. They have been accused of neglecting MOX's main sources of income Legend 1 and Legend 2."
Jung Hyosung and Jung Jinsup listened with a scowl on their faces. Choi Gilak also sat nearby with a frown.
He objected, "T…the decline in sales can't be blamed solely on the directors. All employees have equal responsibilities. Dismissing someone because of a decrease in sales is not fair."
Choi Gilak looked around for help, but no one spoke up. He turned to Kwak Mingu for support.
"Director Kwak, please say something. Don't you think this is unfair?"
Kwak Mingu was put on a spot. He had no choice but to speak.
"Actually, I would like to add moral hazard on top of the main reason for dismissal."
"Pardon? W…what did you say?"
"You know this better than anyone, Director Choi."
Woosung watched with a wry smile. He already had Alex talk to Kwak Mingu and had him included in the plan. Jung Hyosung turned to Kwak Mingu.
"Director, Kwak…How could you?"
"This is for the best. When we first started developing Legend, this wasn't how we envisioned our futures would be. Look what happened?" Kwak Mingu continued without hesitation. "As the CEO, you have placed your useless son on a position of power. Your strategy development team chief couldn't come up with a solution other than using an illegal master account."
When he unexpectedly exposed the secret, Jung Hyosung gaped at him. Jung Jinsup also turned red with embarrassment. Alex watched with interest.
Jung Jinsup screamed at Kwak Mingu, "Director Kwak!"
"You are no longer my boss so you can't scream at me anymore. I wanted to quit a long time ago, but I didn't because I wanted to be a good employee. You barely just graduated, yet you act as if you know better than everyone. Just stop! Why do you think Battle Ground's release has been delayed?" Kwak Mingu continued angrily. "All of our best veteran developers left because of your accusing attitude. You kept blaming them for every minute detail in the game unreasonably when you yourself didn't even know how to program anything!"
After a brief pause, Kwak Mingu continued, "Because of you, the game couldn't be completed. You only got your job because of your father, when in fact, you are an idiot! Who would want to work for someone like you?"
Kwak Mingu's expression was filled with utter frustration with the purest form of anger.
"Seoul University? So what!? Is graduating from this university a good reason for you to have the right to abuse people?" Kwak Mingu turned to Jung Hyosung accusingly. "Answer me! I didn't graduate from the best university in the country. Does that mean I deserve to be treated this way?"
Jung Hyosung answered slowly, "It's not like that at all. I just thought young blood like my son would make the company better."
"Then you should have done it differently. I may have graduated from a small university, but I worked very hard and I have shown my skills in game programming. Yet your young son kept treating me with disrespect."
Jung Hyosung remained silent.
Kwak Mingu continued, "And young blood? New games? Legend may be an older game, but it still has potential. It also is the only reason why MOX is still making profits. It's not something that needs to be thrown out, but something that needs to be remembered and respected."
Kwak Mingu wasn't being logical and he wasn't well-spoken, but everyone could empathize with him. The moderator tried to calm him down.
"Umm…Let's take a deep breath. I think we should start the voting process now."
Alex raised his hand, followed by Kwak Mingu.
"DNK's representative Alex and Kwak Mingu make the total of 67%. This satisfies the 2/3 of the attendee rule, so the first topic is now officially passed."
The room turned dead silent. Jung Jinsup glared at the traitor Kwak Mingu.
The rest of the topics passed by in a breeze. There were some objections, but they were useless.
Finally, it was time for the fourth topic.
Electing a new CEO.
Everyone turned to Alex.
They all assumed Alex would become the next CEO.
Alex raised his hand.
"May I say something?"
"Yes."
"I propose Kwak Mingu to become the new CEO."
Jung Jinsup stood up and screamed, "You can't do that! According to the rules, any agenda initiated during the shareholder meeting is invalid."
Woosung tried very hard not to laugh. The rules didn't matter. They could call for another emergency meeting and re-elect Kwak Mingu as the CEO. Woosung asked Alex to do this just to make Jung Jinsup angry.
Alex laughed and replied in English. "So what?"
Jung Jinsup understood and shouted, "W…what? You bastard!"
Jung Hyosung stopped Jung Jinsup from attacking Alex. "It's no use. They can just call for another meeting."
"B…but…"
"Just stop."
Jung Hyosung looked like he gave up.
67%.
It was over. Kwak Mingu was elected as the new CEO.
Jung Jinsup left the room in a fit of anger. No one seemed to care, but Woosung followed him.
Woosung understood something crucial after all.
'Jung Jinsup still has a personal asset of 150 million dollars. I need to take that away from him too.'
Woosung followed him determinedly.
Woosung said to Jung Jinsup apologetically, "I am so sorry. It's all my fault. I sold the stocks."
Jung Jinsup sighed deeply.
Woosung continued, "The stock price went down so much that I had to do it. I really didn't expect something like this to happen."
"There was no way you would've known that. Well, I still have the money from selling the stocks and my father still has 34% left so we will try to do something with it."
"The price is still low, so you can buy them back."
"I am doing that already, but there aren't a lot of stocks available so I can only buy little at a time. I also don't want to raise the price by buying too quickly too much."
"That makes sense."
"I think we can take back the company soon."
Woosung thought with a grin.
'Sure, I would love to see you try.'
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Chapter 104: lt;Game kinggt;
They went for a drink as usual. Jung Jinsup drank heavily and groped the women around him shamelessly as expected.
"All the people at the company are idiots. I should have been harder on them! Don't they know they are all replaceable?"
Woosung sipped on his whiskey and listened.
Jung Jinsup continued, "I reprimanded them only because their product was garbage. If Kwak Mingu wasn't my father's friend, I would have fired him a long time ago. Look what happened now. He betrayed us!"
"You should have never help anyone."
"That's right. Most people will betray you if they get a chance. You can never trust anyone. Always be careful."
"I will."
"And the amount of experience doesn't necessarily correlate to your skills. He accused me of being a new grad! Well, he graduated from a mediocre college!"
Jung Jinsup was drunk and angry. He used unsavory profanities.
Woosung frowned and asked, "But don't you sometimes need experiences for certain things?"
Jung Jinsup answered, "Sure, but you know what? If you are a genius, you don't need any experience."
Woosung stopped himself from laughing hilariously and replied, "I guess that's true."
Jung Jinsup pointed at himself. "I am that person. I am super smart. I graduated from Seoul University, the best in the country!"
While Woosung struggled not to laugh, the woman beside Jung Jinsup exclaimed, "Wow, oppa! You graduated from Seoul University? That's amazing!"
"Hahaha, that's right. I'm great!"
"Oh my! You're awesome!"
Woosung took another sip of his whiskey and thought.
'What a joke.'
Jung Jinsup continued his drunken boasting, "All my classmates became lawyers and judges."
Woosung nodded sloppily just to keep him happy.
Jung Jinsup suddenly turned serious and asked Woosung, "I have a favor to ask of you."
"Tell me."
"I will be direct. I need money to buy back the company shares."
Woosung has been waiting for this, but he pretended to feel uncomfortable with the idea.
"I can't, not without a solid collateral. I trust you, of course, but this is a different matter."
"Hey, I can give you a collateral! Who do you think I am? All I ask is to give me a low interest."
Due to the financial crisis, the prime interest rate at most banks was over 5%. If you wanted to borrow 10 million dollars, the yearly interest payment alone would be 500,000 dollars.
Jung Jinsup didn't want to pay this much interest. If Woosung could provide the money at 1% like the first time, he could save a lot of money.
Woosung replied, "If you have a collateral, then it's possible."
Woosung waited. He wanted to know what kind of secret assets Jung Jinsup had.
"MOX's office building is actually under my name. For tax purposes, it is being run by a fake asset management company, but I own that company."
"Oh…"
The building was worth about 60 million dollars.
Jung Jinsup asked, "With that building as a collateral, would you be able to lend me 50 million dollars at 1% interest rate?"
"Haha, of course. I felt bad about the current situation, so this isn't a problem."
"Hahaha, I love you! You're the man!"
The women sitting around them gawked.
50 million dollars.
These men were clearly rich.
One of the women sat closer to Woosung. "Wow, you're super rich!"
Jung Jinsup started to drink again and announced, "Call in the band! Let's have a party tonight! It's all on me!"
Woosung nodded and took another sip. All he could think about was what Jung Jinsup would look like when he realizes he made a huge mistake.
The next day.
Woosung met with Alex in secret.
Alex asked, "So when you call me, I need to move the IP (intellectual property) of all the games from MOX including Legend and FPS to DNK?"
"Not just the game IPs but also all the key developers."
"You want to destroy the company completely! I get it!"
"It's just a business."
"Wouldn't the government authorities object or intervene?"
"We aren't doing anything illegal, so they can't do anything abut it. The only people I worry about are the minor shareholders, but it will work out in the end."
"Haha, I will do whatever you ask of course."
"Just make sure to prepare for it in secret. The stock price needs to continue to rise at this point."
"Don't worry, I will do a perfect job."
"Don't forget to spread the news to the media about this takeover. I want the stock price to go up faster. Use the DNK company card for all your expenses in Korea, including the personal ones. I don't care how much it costs."
"Thanks boss!"
"It's all because you're doing a great job. Keep up the good work!"
Yoon Gihwan was responsible for operating the real time winning stock recommendation algorithm. He sat down in front of the computer and looked over the list.
"So today's stock is MOX. It did hit the bottom recently."
Only a while back, it was at $40, but now it was at $10 mark. Now, suddenly, it was starting to soar fast.
The only news it had was its takeover by a company named DNK. It wasn't that the Legend sales went up, or the new game was released. Yet the stock price was still going up.
12.50.
13.00.
The day ended with it at $13.80. The system had predicted it to continue rising the next day. It recommended to hold the stocks.
After the market closed, Yoon Gihwan grinned.
50 million dollars in Korean market.
50 million dollars in US market.
The total initial investment of 100 million dollars was now at 150 million dollars. It was an amazing profit. Yoon Gihwan expected to get at least 100,000 dollars in incentive this year.
One hundred thousand dollars.
He couldn't help but smile.
Yoon Gihwan turned to Jang Gwangchul and asked, "Hey, do you have any plans for tonight? Let's go for a drink. It's on me!"
Jang Gwangchul ignored him and walked into Woosung's office.
Yoon Gihwan murmured, "That's strange…He never says no to drinks."
Woosung's office.
Jang Gwangchul pointed at the newspaper and accused Woosung.
"This is you, isn't it?"
"…pardon?"
"DNK taking over MOX, this is you! DNK sounded so familiar."
Woosung denied it one more time, but Jang Gwangchul didn't buy it.
"DNK and KND! So obvious! I also noticed that all the MOX stocks owned by KND were moved to DNK."
Woosung remained silent. He wondered if he should tell him the truth. After a few minutes, Woosung decided he could trust Jang Gwangchul.
"You're right. I am behind everything."
"…huh. I can't believe it."
"Haha."
"I knew you had an ulterior motive for going to America. Also…" After a pause, Jang Gwangchul continued. "Dubai Shock. That was it, wasn't it? You saw it in your dream, and you created DNK and took over MOX."
"That's right. I meant to tell you, but I haven't found the right time."
"I….I….!"
Jang Gwangchul felt betrayed. He was hoping Woosung would give him these kinds of information so he could make money too.
"I get information from my dreams. What if they are wrong? I didn't want you to lose money because of me."
"I would never blame you. I trust you now.""So from now on, let me in on your predictions, or I can give you my money so you can invest it for me."
"Why don't you use the algorithm trading system general manager Yoon is operating? Its profit is at 50%."
"…But your profit rate is usually over 100%!"
"Not always…"
"Don't lie to me!"Jang Gwangchul was getting angry.
Woosung finally answered, "Oh, alright, but you can't blame me if I get it wrong."
"Fine, fine. Tell me now then."
"I haven't seen anything for 2010 yet. I will let you know when it happens."
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Chapter 105: lt;Sudden declinegt;
Gamers were happy with the change in MOX's executives.
A new rule was set where users' complaints and demands were addressed.
Most of all, all the castles' tax rates were lowered. Many gamers finally returned to the game and MOX's stock price continued to go up.
It also helped that Jung Jinsup and his father bought huge lots of stocks in an attempt to get the company back.
After a few days, the price finally went up to $20.
A notice of disclosure was made one day.
"Change in major shareholder equity: Jung Hyosung 34% - 36.7% (investment purpose)"
Woosung knew Jung Jinsup probably owned a significant number of shares by now. Following the 5% rule, Woosung expected a notice soon.
At that time, the father and son will call for another shareholder's meeting for a counterattack. Woosung remembered his recent phone call with Alex.
"Boss, everything's in order. All you have to do now is sign off."
"Alright."
It was the order to transfer Legend's and the new developing game's IPs to DNK.
Woosung was holding off on signing the documents until Jung Jinsup announced he owned 5% of the shares.
Woosung waited like a predator prowling for an unsuspecting rabbit.
Meanwhile, the stock price continued to soar.
Suddenly, Woosung's assistant came into his room in a hurry.
"Sir, Daeyang will be releasing its new Android-based smartphone named The One. The press release is to take place at their headquarter soon."
Woosung was expecting this news.
He ordered quickly, "Arrange a press release in Silicone Valley at the same time for Blue S2."
His assistant moved posthaste to make calls. Blue S2 was completed a long time ago, but Woosung had been waiting to release it until Daeyang finished its new phone.
Jung Jinsup and his father talked quietly.
"Your friend Kang Woosung is amazing. It is not easy for even the best of us to come up with 50 million dollars this fast."
"He made 600 million dollars from Blue S's sales. 50 million is nothing to him."
Jung Hyosung laughed.
"Wow, you are so smart for having a friend like that. Is he a classmate of yours from Seoul University?"
"No. I met him at the KYLO meeting. We hit it off right away."
"Haha, good job. It is always smart to have friends like him when you are a businessman. You never know when you'll need help."
"That's exactly why I befriended him."
"Great."
Jung Hyosung looked at his son proudly, but his gleeful countenance change into that of a frown suddenly.
"But father, the stock price has gone up so fast."
"It will be ok till it hits $30. I looked into the current situation and found out that DNK has no intention of operating MOX. DNK is apparently one of those companies that buys cheapened companies and sell after normalizing it."
It was a false rumor Woosung had Alex spread. He actually had an opposite intention.
Jung Jinsup asked, "So after the hostile MA, they improve the company and sell it at a profit?"
"That's right."
"…But you are one of the major shareholders, which means the company will end up back in your hands."
"Exactly."
Jung Jinsup said angrily, "When we get back the company, the first thing I'll do is get rid of Kwak Mingu."
"I agree. We'll start fresh."
Daeyang headquarter.
Choi Taemin walked in front of a giant screen and announced.
"Hello everyone. I am Daeyang System's Choi Taemin."
The screen changed to a photo of Daeyang's new phone, The One.
"It is my honor to introduce you our very first Android-based smartphone, The One. It has a memory of 512MB, many amazing apps, and a 4.0-inch screen."
Choi Taemin described the phone in detail proudly.
Meanwhile at the same time, Woosung was busy releasing Blue S2 in Silicone Valley. He explained in front of the reporters.
"Blue S2 will become the new icon of innovation. Everything has been upgraded from its first version. You will now be able to use your phone as a sub-computer, and we aren't done yet. We will not stop here; we'll continue to improve our product until our smartphones can replace your desktop completely."
A few sample phones were then handed to the reporters for monkey testing. After trying out the phones, the reporters became excited. They started asking questions to Woosung.
"Currently in Korea, Daeyang is in the process of releasing The One, which will be your competition. How do you feel about that?"
"Competition is a good thing. I believe in a fair rivalry."
After answering all the questions, Woosung made his last comment.
"I still haven't shown you the best part of Blue S2."
Woosung placed his thumb on the home button.
It rang, and the phone unlocked.
"Fingerprint recognition function. You no longer have go through the inconvenience of inputting your pattern or password."
The reporters' eyes widened in surprise.
At the same time in Korea.
After Choi Taemin's introduction, special guests TK Telecom's CEO and Andy Rubin appeared.
TK's Jun Taewon announced, "This is the best cell phone out there. Every great technology from Daeyang has been placed into this product."
Next was Andy Rubin, who delivered a prepared speech. "With the cooperation from Daeyang, we were able to create the best phone Android can achieve."
LU Telecom CEO also added, "Just like the name, it will be the one the customers choose."
Suddenly, one of the staffs approached Choi Taemin and whispered, "Sir, KND just announced fingerprint recognition function on their cell phone."
"What? Why didn't we know about this?"
"That is…we missed it."
"I'll talk to you later."
At the same time in Silicone Valley.
Woosung's phone vibrated. It was a text from Alex.
"Jung Jinsup just acquired 7%. A notice will be released soon."
Woosung checked online.
"Share major hold report"
"Jung Jinsup 7% acquisition for an investment purpose."
It was the news Woosung was waiting for. He called Alex.
"Do it."
"Yes, sir."
"News release"
"Legend 1,2 IPs have been transferred to DNK."
"Any game-related operations to be outsourced to DNK."
Immediately, MOX stock price dropped 15%, and it continued to decline the next day.
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Chapter 106: lt;Sudden declinegt;
Minus 15%.
Minus 15%.
Minus 15%.
It happened so fast that there was no chance to sell the stocks. Usually, in dramatic cases like this, there would have been an outcry from all the minor shareholders, but it wasn't the case this time. It was because the majority of the shares were owned by Jung Jinsup, Jung Hyosung, and Woosung.
It also didn't appear on the news actively as there was bigger news.
"Daeyang System's The One to be launched on February 10th."
"Blue S2 to be released in Korea on January 25th."
"Will Daeyang's The One become the next Nokia or Apple?"
"Blue S2's new fingerprint function is a big hit."
"Blue S2 considered the most innovative phone so far."
Because of the release of two new smartphones, no one cared about MOX's news. In fact, most gamers preferred DNK being in charge rather than MOX's old way. The online game forum was filled with comments favoring DNK.
"Don't you guys think DNK is doing a better job than MOX?"
"It's true that they respond much faster to complaints."
"Bug patch is faster too."
Jung Jinsup stared at the screen with an open mouth. The stock price that was close to being $30 until yesterday was now a little over $10.
"How…How could this happen? Who the hell is causing this?"
He shuddered uncontrollably. He tried to sell his stocks before he bleeds more money, but it was no use. Everyone was trying to sell, and no one was buying.
MOX was now a useless company.
Jung Jinsup had no choice but to stare at the screen as the price continued to fall.
However, this wasn't even the worst part.
"Illegal activities by the ex-directors of MOX were reported. All trading of MOX stocks has been suspended until further notice."Jung Jinsup's eyes widened. Illegal activities? What did that mean?
He searched the news online and finally found a small article.
"MOX's ex-directors have been charged with using an illegal master account to manipulate the online game Legend. An investigation is underway."
Jung Jinsup swallowed. Only a select few knew about the master account. Jung Jinsup gritted his teeth.
"Did Kwak Mingu rat on us?"
He could think of only one person. He wanted to find Kwak Mingu right now and send him to a world of pain.
His cell phone was vibrating constantly. It was a call from his father Jung Hyosung. Money was no longer their biggest problem. They could end up in jail at this rate.
At the KYLO meeting in a mansion on Sungbookdong.
Jung Jinsup sweated profusely as he begged Hong Minwook, who was the son of the Law firm Hwajung's CEO.
"Please help me out here. Once I get to sell my stocks, I will have the money to pay you then."
"I can't help you for free. You know how it is. Our law firm charges big money, but we get the job done."
"That's why I'm asking."
"You can't mean you don't even have a million dollars for deposit."
Hong Minwook looked at Jung Jinsup with pity. Everyone knew about MOX's situation.
Suddenly, Woosung walked in. Everyone stared at him.
Shin Semi turned to him too. He looked good in a clean suit. He walked with a relaxed demeanor into the room. Hong Minwook ran to Woosung and greeted him.
"Haha, thank you so much for hiring my firm to represent KND and Coconut service."
Woosung smiled. "We are friends, so of course we should help each other out."
"My father also wanted to visit you and thank you in person. He has informed all of us that any work related to KND will always be our priority."
"Thank you, and I would love to meet your father for dinner sometimes."
Woosung patted his shoulder.
Hong Minwook said to him in awe, "I can't believe your net profit is 700 million dollars, and it will be even more next year."
"It's all thanks to my employees."
"I also heard Coconut service is doing equally well. Over 10 million users! I also heard you are planning to get into the Chinese market?"
"Yes. We are working very hard."
"That's amazing, and you are so young!"
Hong Minwook looked at Woosung with respect. Jung Jinsup watched them with anger.
Woosung walked towards Jung Jinsup and asked, "Hey, why haven't you been answering my call?"
"Haha, I have been really busy."
"You need to sign off on transferring your building to me per our contract."
Jung Jinsup laughed awkwardly. "Hahaha, o…of course. We'll get it done."
"You can buy it back if you want to. You borrowed almost 200 million dollars from me, so you must have enough money left still. You didn't spend all the money on buying the stocks, did you?"
200 million dollars.
Everyone's eyes widened as they eavesdropped on their conversation. They were all wealthy, but not enough to lend someone 200 million dollars.
'Just how much money does he have? How did he make so much?'
Jung Jinsup stammered guiltily, 'T…that is…Just please be patient. Once the trading suspension gets lifted, I will have enough money."
Woosung frowned. "It's not ideal, but I guess for you, I will wait."
Jung Jinsup finally smiled. "Haha, thanks. It will happen soon, you'll see."
Woosung smiled as well. He turned to Hong Minwook and asked, "How much does it cost to hire your firm?"
"1 million as a deposit and the rest will depend on the case. We probably could get him out of any jail time, but it will cost a lot.'
Woosung turned to Jung Jinsup. "Do you have any other collateral you can use? I can lend you more money with the same conditions."
"R…really?"
"Of course. Things need to work out for you so I can get my money back."
"But I feel bad for borrowing so much money from you…"
Woosung laughed and said kindly, "It's alright. As long as you have solid collateral, it's all good."
Jung Jinsup nodded cautiously. "I can use my house if you don't mind."
Woosung bowed and replied respectfully, "Alright. I will get my lawyer to contact you tomorrow."
"Great. Thank you."
Jung Jinsup then left the meeting.
Hong Minwook approached Woosung again and whispered, "Are you sure this is ok? You already lent him 200 million dollars…"
"It's alright. We are pretty close."
Shin Semi suddenly came to Woosung and asked, "Hey, can I talk to you in private?"
She looked gorgeous as usual. Woosung nodded.
A separate room was set aside for private conversations. It was soundproofed in case people needed to share sensitive information.
Shin Semi explained, "KYLO meetings may look like they are arranged to help each other out, but it's actually the opposite most of the times."
Woosung nodded. He knew this already.
"The business world is a dog eat dog kind of world. They are here to sniff out any weakness in each other so they can use it."
Woosung took a sip of whiskey. He wondered why Shin Semi was being kind to him.
He stared at her eyes. She asked, "Don't you know what you just did will be used against you?"
Woosung wanted to tell her the truth, that he did it on purpose. Instead, he asked her, "Advisor Shin, don't you know that when you give me sincere advice like this, you are giving me a mixed signal? To get me to a private room with you alone? Are you trying to tell me something?"
Shin Semi reddened.
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Chapter 107: lt;Sudden declinegt;
Woosung continued to make light of the conversation. "Don't worry. I know you don't mean anything by it."
Shin Semi cleared her throat. "Hmm…Hmm…"
Woosung continued slowly, "I hate sounding like an asshole, but I am doing very well nowadays. I appreciate your concern, but I know what I'm doing. What I did today was on purpose."
"On purpose?"
"It will be useful for me to have everyone here know how well I'm doing."
"Well, I guess it's nice for you to have a lot of people fawning over you."
"…But it's rare to have a genuine friend."
Shin Semi asked quickly, "Am I one of the genuine ones?"
"You are one of the few who knew me from the beginning."
"You are always so vague."
Woosung replied quickly, "Invest in KND. It will get much bigger."
Shin Semi laughed at Woosung's confidence. "Are you sure?"
"Hey, don't you remember how I predicted the election result?"
Woosung and Shin Semi both grinned.
Shin Semi realized that she always ended up smiling when she was with Woosung. Sometimes she was frustrated with him, but she knew it wasn't his fault.
Why did she feel like this around him?
Why?
Woosung shrugged his shoulders and said to her, "Let's get out of here now. People are going to think we are doing something inappropriate."
Shin Semi said with a disappointed tone, "Alright."
Choi Gichul didn't come to the meeting. After a nice conversation with Lee Sunghyun, Woosung looked at Jun Taewon, who was glaring at him.
'Why is he looking at me like that?'
Jun Taewon was looking at him like he wanted to kill him. It was even worst now after Woosung had a conversation with Shin Semi.
Jun Taewon and TK Telecom.
Woosung didn't owe him anything. He approached him.
"Haha, it looks like you have something to say to me. Am I wrong?"
Jun Taewon calmed down and asked, "Why don't you supply Blue S to TK?"
"Oh! I already told your company, it's because we are short on the products. We will be able to supply you when the factory in Gimpo is completed."
"I don't want your lie. I want your truth."
"Blue S was loved by the customers in the US first, so our priority is them. TK was the one that asked for our phone the last, so why should we take care of you before others?"
Jun Taewon hesitated at Woosung's sharp words.
Woosung added, "You're acting like I owe you anything."
"It's not like that. I just think it's good to help each other out."
"Then why did you reject Blue S at the beginning?"
"It wasn't a rejection. It just took us a long time to review your phone properly."
"Well, we are doing the same thing. We are reviewing your company properly."
Jun Taewon gritted his teeth. He had to be rational and logical.
He replied, "How is it going with Blue S2? S1 was a huge success, so you must have manufactured enough Blue S2 for everyone."
"True, but the demand is even bigger than expected so we are still short."
"TK is willing to take care of the marketing fee for Blue S2 if you supply us."
Woosung was surprised but he hid it well.
Jun Taewon continued, "No other telecommunication company will offer you a deal this good."
"The fact is Blue S2 is already well known that it doesn't require much marketing anyway. So I don't see much merit in your proposal."
"Then what do you want? Tell me."
"I want you to promise me that you won't do anything to impede me from becoming the fourth mobile carrier."
"What if I break that promise?"
"Then I will stop supplying you with the phones."
"How would you determine if I broke the promise? You might hear a rumor that's false."
"I have enough sources to figure out things like that."
Jun Taewon realized Woosung was no ordinary man. He answered thoughtfully, "I have no plans to stop you from getting into this business, but you will never know what might happen in the future. I will have to talk to my lawyers before agreeing to your terms."
"That's fine, but you better make a decision quickly."
Jun Taewon nodded gravely.
Woosung's apartment.
The building's exterior ambiance seemed old, but the inside of his apartment was modern and expensive. Woosung looked out the window at Han River and grinned.
He was now the biggest businessman at KYLO. Everyone was bowing to his wealth and success.
"And now I have over 2 million coins. MOX will disintegrate into nothing. I will then hire Jung Jinsup at my new cryptocurrency dealership and get Choi Gichul involved."
Slowly, he meant to destroy them.
He had the best lawyer in the country, but he couldn't get out of it 100% free. The proof Kwak Mingu and Choi Gilak provided was too damning.
Jung Jinsup and his father were busy trying to win the case. Meanwhile, another notice was announced.
"Due to the lack of transactions, MOX will be de-listed."
Jung Hyosung shouted angrily, "Dammit! De-listing MOX? How could they!"
Jung Jinsup asked in a trembling voice, "…Father, what's happening? Why would they delist it?"
"Son, you need to be smart. Lack of transactions? That's not a good enough reason. We need to appeal it."
"T…this would mean all the stocks we hold will be worthless."
Jung Jinsup shivered in fear. Jung Hyosung grabbed his son's hands. "We can survive this. We can do it! Don't worry."
Suddenly, Jung Jinsup's phone vibrated.
Kang Woosung.
He didn't want to talk to Woosung for he was now Jung Jinsup's creditor.
Blue S2 release date.
Woosung visited TK Telecom's opening event.
He has been calling Jung Jinsup but without success.
'So he's avoiding my calls.'
Woosung could guess how he was feeling. Jung Jinsup was probably in panic due to MOX's delisting.
Woosung couldn't contain his happiness over this news. Jung Jinsup was losing everything.
Jun Taewon, who was standing next to him, murmured.
"S2 is indeed very popular."
It was not in the level of iPhone's popularity, but the line to buy Blue S2 was astounding.
Woosung replied, "It's still not enough to beat iPhone."
"I admire your ambition, but too much of it can be poisonous."
"I will be the judge of that."
Jun Taewon gritted his teeth, but quickly hid his anger and replied, "Hahaha, here comes the very first customer."
"Huh? Jonghyun?"
Park Jonghyun exclaimed at Woosung, "Y….you!"
Woosung took his hand and shook it, "Haha, nice to see you. It has been so long! How have you been?"
"I…I saw you in the newspaper, but I couldn't believe it…So it really was you! What happened last year?"
"Well, lots of things happened. By the way, what are you doing here on a workday? Don't you work?"
Park Jonghyun reddened at Woosung's joke.
"H…huh! It's…well…"
"Haha, let's get going. We can talk later."
Jun Taewon came by and offered Park Jonghyun his hand.
"Are you President Kang's friend?"
Park Jonghyun bowed deeply and replied, "Pardon? Oh, yes."
"Haha, nice to meet you. Congratulation on becoming the very first customer of Blue S2 at TK."
"Oh, thank you."
Park Jonghyun replied in confusion.
Meanwhile, Woosung tried to call Jung Jinsup again but there was no answer.
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Chapter 108: lt;Sudden declinegt;
After the event, Woosung and Park Jonghyun got together and went to an expensive Japanese restaurant.
Park Jonghyun asked nervously, "A…are you sure this place is ok?"
"Of course. Haven't you heard how well I'm doing?"
"Oh."
Park Jonghyun did hear about Woosung's success.
The CEO of KND.
Woosung asked, "So how's it going with you?"
Park Jonghyun couldn't answer. He hesitated in embarrassment.
Woosung said to him understandingly, "Well, I know things are tough for everyone nowadays." Woosung then ate a piece of fresh sushi.
Park Jonghyun looked at him curiously and asked, "So how did this happen? KND's CEO! I heard you quit your job, but what happened after that?" Park Jonghyun couldn't hide his surprise.
Woosung replied, "Lots of things happened. I don't think we have enough time for the entire story."
"I…I guess."
"I would rather hear about you. Maybe I can help you!"
Park Jonghyun's eyes widened at Woosung's offer.
"R…really?"
"Well, I AM the CEO of KND and Coconut Talk. For example, I will be speaking at the Job Fair at Songwon University and I can let people know about you."
Park Jonghyun answered quickly, "W…well, I have been applying to many different companies for the past year but none of them called me back for an interview. I even applied to KND but I didn't hear back."
"Hmm…"
"My GPA is over 3.0 and my TOEIC score is 800. I just don't know what else I can do. Currently, I'm just working part-time at a convenience store."
Woosung thought carefully as he ate another piece of sushi.
Park Jonghyun looked at him expectantly and continued, "I have been studying programming really hard. I don't know what else I can do. I know I can do an amazing job if I am given a chance."
"Hmm…"
Woosung pretended to think again. He actually had a use for Park Jonghyun.
Woosung said slowly, "What did you say you did the best when you were in the military?"
"In the military? I did programming very well of course!"
"Not that. Something in the quarters."
"Umm…disciplining? Establishing seniority and applying clear rules?"
Park Jonghyun understood quickly.
Woosung grinned, "Yup, that's it. I need someone to play good cop and bad cop for me."
"I see."
Woosung nodded and continued, "I am planning to create another company soon. The problem is I am not good at being a strong disciplinary figure. It also looks bad if the boss acts too bossy nowadays.
"T…that's true."
"If you can do that for me, I am willing to hire you. As a director."
Park Jonghyun exclaimed, "Director? That would make me one of the executives!"
"Haha, we are friends, so of course! The only thing I'm worried about is if you will be able to do it…"
"Of course! You know how mean I can be!"
"I do know that."
"Just hire me for a year and if I'm no good, you can fire me." Park Jonghyun looked determined.
Woosung emphasized. "I would like the company to run VERY tightly. Like in the military."
"I was nicknamed the best Drill Sargent when I was in the military. Don't worry about a thing. I will run it with a whip."
"Great. I already have an office ready, so I will call you later with more details."
Park Jonghyun's eyes widened again, "T…then I'm hired?"
"Yup. It's almost ready. I am looking to hire developers, so ask Chanjong if he is interested. I will let you know more details once you sign the disclosure agreement."
"R…really?"
"The name of the company is Bitmain. Go to this address. This is the office. Go there and they will make you a business card."
Park Jonghyun stared in shock.
Woosung emphasized one more time. "Run it tight. You get it, right?"
Park Jonghyun nodded vigorously.
Daeyang headquarters, Choi Gitae's office.
Choi Gitae said to Choi Gichul, "Hahaha, awesome."
Choi Gichul remained quiet. Choi Taewon asked, "What do you think? Do you think The One will be a hit?"
"I'm sure Taemin will find a way."
"You're so stupid. He needs to fail for us to survive. Remember that."
Choi Gichul nodded gravely.
Choi Gitae laughed evilly. "Hahaha. The stock price went down 5% yesterday! Do you know what this means? The market thinks The One is going to fail!"
Choi Gitae took a sip of his drink and continued, "There is now a good chance that I will be the next heir to this company. Don't worry. I will take care of you."
Choi Gichul nodded rigidly.
"Choi Taemin needs to fail for us to succeed. Make sure you don't help him out in any way, got it?"
Choi Gichul nodded again.
He had no choice.
Choi Taemin's office was tense.
"TK is doing its best to market Blue S2. They let us know that they already lost iPhone so they can't lose Blue S too."
Choi Taemin sighed deeply. "Blue S2 was released a week before The One's launch date. Do you think this was a coincidence?"
"I think KND is treating us as its rival."
"…And how is parts supply going?"
"I asked that department, but Choi Gitae made sure Daeyang continues to provide electronic supplies to KND."
Choi Taemin hit the desk loudly.
His assistant stood nervously.
Choi Taemin screamed in anger. "How could he supply our competitor!? That bastard!"
"They are also supplying semiconductors to iPhone."
Choi Taemin sighed. He asked his assistant, "How do you think The One will do?"
"Daeyang placed everything it has into this phone. It will be a success."
Choi Taemin leaned back. "I'm so stressed. You know what to do."
"Yes, sir."
The assistant left the room.
Daeyang System Laboratory in Soowon.
Go Sangjun was busy with the hard test for The One to be released soon.
Beep!
On the screen, which was connected to the phone, the temperature appeared.
34.5 oC.
Go Sangjun looked at it in confusion. "That's strange."
He tried on a few more apps.
Beep!
The real-time temperature went up even more.
35 oC.
"Sir, this is strange."
"Wait a minute. It might be just a temporary blip."
Everyone nodded and continued to monitor, but the temperature wouldn't go down.
Suddenly, the phone exploded!
"Chief!"
"Huh?!"
After a small spark, the phone continued to smoke.
Go Sangjun yelled at the workers, "Why are you guys standing around? Get to work! We need to log this incident and figure out what's wrong!"
Go Sangjun called the development team director immediately. "Sir, The One's battery exploded during a test."
"What's the cause?"
"It is still unclear. I just wanted to report to you right away first."
"Did it happen at every test?"
"No. This was the first and only time so far."
The director sighed in relief. "Well, at least that's good news."
"Do you think it will be ok to release the phone to the public like this?"
"We only have a week till the launch, and The One has been marketed as the phone with the best battery…" The chief didn't give a clear answer. He continued, "Try to find out what the problem is, but we need to keep the launch date. If we delay it, we will all lose our jobs."
Go Sangjun swallowed nervously. He was well aware of how important this phone was to Daeyang.
Jang Gwangchul smiled and asked Woosung, "Do you know how long it took Apple to sell one million iPhones?"
Woosung answered without interest, "About a week?"
"Only three days!"
"Then how about our phone?"
Jang Gwangchul grinned.
Woosung could guess. "2 days?"
"Exactly! We are a huge success! Blue S2 beat iPhone in sales!"
Woosung replied, "I told you so."
Jung Jinsup kissed Woosung's cheek.
"I love you, man!"
"So this means there must be a big increase in the number of Coconut users."
"Over 20 million globally."
Woosung nodded.
Jang Gwangchul continued, "The mobile carrier business is also going according to plan. We created a corporation already and are in the process of hiring the developers." Jang Gwangchul calmed down and asked Woosung. "Did you get permission from the government yet?"
"We will once we are ready."
"Perfect. We are going to be beyond rich!"
Woosung nodded and turned to Hong Soobum, "I think it's time we go ahead with the Chinese launch. How's it going there?"
Hong Soobum gave his report nervously.
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Chapter 109: lt;Sudden declinegt;
China.
Over 1 billion in population.
Its market was limitless.
"According to my research, HH by Tencent is the most popular messenger in China. It is expected that it will continue its success on smartphones."
Woosung frowned.
'I thought WeChat was the most popular messenger in China…Am I remembering it wrong?'
Woosung's memory of the Chinese market from his previous life was unclear.
Hong Soobum continued, "Mobile market in China is still at its early stage, so I couldn't find the specifics of which companies are developing new mobile messengers. However, I suspect there are at least a few who are working on it."
Woosung suddenly remembered.
'Oh, so that means HH will slowly disappear and the mobile version of WeChat will become the next big messenger.'
Hong Soobum continued, "And I also looked into DJI. They are in the process of developing something called a drone, but not much information is available."
There was still much time until drones became popular. Woosung nodded.
Hong Soobum added, "And the company called Xiaomi doesn't exist yet. AliAli is a company that specializes in electronics and it is growing fast. It doesn't want our investment."
After mentioning a few more companies, Hong Soobum reported, "And that's the end of the major Chinese IT companies. I am confident KND's Blue S and Coconut Talk will become a success in China. As you said before, Woosung, we will be the first to introduce smartphones to the Chinese market."
Everyone turned to Woosung, who replied, "The most important thing here is customizing our products to fit the Chinese people. China is a communist country and will not easily allow foreign products to succeed."
Hong Soobum added, "I contacted many of the Chinese government officials to make acquaintances. It will be useful in the future."
"So you are pretty much ready."
"Yes. We are also almost done hiring local developers. We also built a factory in China to minimize any objections from the locals."
"Then let's arrange the opening ceremony to take place at the end of this month. We'll all visit China together."
Everyone nodded in agreement.
After the meeting, Woosung greeted a visitor. It was Jung Jinsup. He couldn't meet Woosung's eyes. Woosung knew why.
MOX stock was de-listed permanently.
Majority of Jung Jinsup's money was tied to MOX's stocks and now he had nothing.
Woosung asked, "So what are you planning to do now?"
Jung Jinsup couldn't answer. His father was still going through the trial. Jung Jinsup didn't know what to do.
Woosung told him encouragingly, "You can still make it. Just create another game like Legend, and you will get back on your feet soon."
Jung Jinsup sighed. He replied, "I am in the process of selling my building and my house. I will be able to get about 60 million dollars for them."
He owed Woosung 55 million dollars, which meant Jung Jinsup still would have 5 million dollars left. It was still more than Woosung wanted him to have.
"I will pay you back first."
Woosung's eyes widened. Did Jung Jinsup borrow from others too?
"Thank you."
Jung Jinsup sighed again.
Woosung offered quietly, "I will be opening a new company soon. Would you be interested in being a part of it?"
"Are you talking about the mobile carrier business?"
"Not that one. I am referring to the cryptocurrency dealership."
"Cryptocurrency?"
Jung Jinsup appeared to not know about it.
Woosung explained, "It's called coin. It is a new type of currency to achieve decentralization."
"coin? Decentralization?"
Jung Jinsup didn't understand.
Woosung continued, "Just think of it as a new electronic currency. It is to gain people's trust in transactions and exchange values."
Jung Jinsup started to understand. He asked sharply, "And are you telling me people trust coins?"
"Not yet. It is a brand new industry but think about it. What would it be like when it does gain people's trust? Its value will be limitless."
Jung Jinsup was still doubtful.
He shook his head and replied, "I still can't believe it. Even if it works, I can't believe it will actually be used by regular people."
Woosung lowered his voice and said quietly, "But there is one more very important thing."
Jung Jinsup stared at Woosung's eyes. Woosung was the man who created Blue S and Coconut Service. Jung Jinsup knew he couldn't take Woosung's ideas lightly.
Woosung continued, "I am not planning to buy this currency. I am going to create a dealership for it."
"Dealership?"
"It's like a stock market where people can buy and sell cryptocurrency. We will charge a transaction fee and that is how we would make money."
Jung Jinsup started to look interested. Woosung said confidently, "It will happen, mark my word. People will become interested in it, and then different types of cryptocurrencies will be created. There will be a huge need for a dealership. Don't you agree?"
Jung Jinsup nodded. "Hmm…"
"I am only offering it to you because I believe in your ability."
"Oh, alright. Just give me some time to think about it."
"You need to let me know as soon as possible. coin is at the beginning stage, but once it gains momentum, it will be too late for us."
Jung Jinsup looked at Woosung hopefully. Woosung grinned. He knew he had Jung Jinsup.
A building near Sunleung Station.
Park Jonghyun shouted as soon as he entered the office. "Why is the office so unorganized? Doesn't anybody clean it regularly?"
Five employees all turned around to stare at him.
Park Jonghyun asked, "Who is responsible for general affairs?"
A cute woman raised her hand.
Park Jonghyun ordered, "Order my business cards right away. Director Park Jonghyun."
"Pardon?"
"Have you not heard the news yet from the boss? This is my first day."
"Oh…"
Her eyes widened. She did remember Alex telling her.
"I will be in the US for a while, so I am sending you someone in my place."
Then suddenly, someone else walked in the office.
Jung Jinsup.
He ended up accepting Woosung's offer. Woosung told him he didn't have to invest until things got better. Jung Jinsup was also to receive a salary.
Park Jonghyun looked at Jung Jinsup and said rudely.
"Wow, look at this. Do you know what time it is?"
Jung Jinsup stared back and asked, "A…are you talking to me?"
"Obviously, you dumb ass, and who do you think I am? I am the Representative Director of this company! Don't you know who your boss is?"
Jung Jinsup reddened.
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Chapter 110: lt;Sudden declinegt;
Jung Jinsup stammered. "A…are you crazy?"
"You are the one who's crazy. What do you do here?"
"I am a director."
Park Jonghyun flinched, but then remembered Woosung's assurance.
"No matter what anyone says, you are the representative of the CEO. This means you are basically the acting CEO until further notice. You are the boss. Don't forget what your role is in this company."
Park Jonghyun replied confidently, "Who cares? I am the CEO's representative."
They argued like little kids. The other employees laughed at them secretly. Jung Jinsup couldn't calm down. He had never been treated like this before.
He asked, "You…. Do you know who I am?"
"You just said you are a director here. So what? Is there anything else I need to know?" Jung Jinsup was fuming, but Park Jonghyun continued rudely. "Do you think this is a joke? Don't you get that I am your boss? This is ridiculous."
It was now clear, Park Jonghyun was above Jung Jinsup.
Jung Jinsup left the office in anger. He screamed as he walked out, "We'll see."
Jung Jinsup called Woosung. "Hey, how could you! That guy is the boss?"
Woosung stopped himself from laughing and replied calmly, "You're being rude. He is a representative of a major investor and that is why he has that position. You can't act like that."
"I can't do this. Why don't you buy back the shares you sold to that guy, or open another company?"
Woosung paused so Jung Jinsup thought he was thinking about it seriously.
He then replied, "Having investors minimizes the risks. You know that very well. He belongs to a big investor who also has a lot of influence in US finances. We need him."
"… But this is unacceptable."
Woosung raised his voice slightly, "Didn't I tell you how important it is to have a US connection? He is a very important investor that got me where I am today. I was a mere employee at Nuri Finances only a year ago." Woosung paused before continuing dramatically. "He made me who I am today. He is the one who taught how to analyze data."
Jung Jinsup had no reason not to trust Woosung. He said helplessly, "So there is no other choice?"
"If you don't like it, then you can leave at any time."When there was no answer, Woosung continued, "Don't you want to reclaim your throne? Just trust me."
Jung Jinsup finally agreed and hung up.
When he returned to the office, Park Jonghyun said to him callously, "Well, look who came crawling back. GET BACK TO WORK! The number one rule in MY company is excellent time management. Got it?"
Jung Jinsup gritted his teeth, but he walked to his desk.
'Dammit. I will make you pay for this.'
Woosung laughed as soon as he hung up the phone. "Hahahahaha."
After the call, Woosung walked into the VIP departure lounge in Incheon International airport.
Jang Gwangchul asked Woosung, "What are you planning now?"
"Hahaha. Nothing."
"You…"
Woosung could guess what Jang Gwangchul was thinking. "Hahaha, it's not what you think. It has nothing to do with money."
"You know you can't lie to me, right?"
"I know."
Just then, they heard the announcement for the flight. Woosung and his employees got onto the plane to China. There was a total of eight passengers including Park Byungki, Jang Gwangchul, and Hong Soobum.
Woosung bought first class tickets for everyone. The lower ranking employees murmured among themselves in shock.
"This is my first time ever being on the first-class seat."
"T…this is amazing."
"Oh my god, you can lay down!"
"Free drinks! It's like a hotel."
"Did you see the meal? We are going to get three-course meals including steaks."
Park Byungki asked Woosung worriedly, "Is it ok to spend so much of company money like this?"
Woosung answered loudly so everyone could hear him, "It's ok to do so if it's necessary. All our employees need to maintain good health for our products to turn out great. This is how we will make our Blue S smartphone the best in the world."
Jang Gwangchul also added. "By the way, Lee Ari will be joining us for the opening ceremony. As you suggested, we hired her as the spokes model for LetChat service. The commercial will be aired starting next month."
Woosung asked, "We spent 2 million dollars for her, right?"
Jang Gwangchul stammered, "T…that's right."
"And how popular is Lee Ari in China?"
Jang Gwangchul remained quiet. He made a fuss when Woosung made this deal, but it was nowhere near Lee Ari's worth in China now. After her last TV series became popular in China and other Asian countries, Lee Ari's popularity was through the roof.
Suddenly, Lee Ari and her manager walked in.
She greeted Woosung, "Long time no see, sir."
Woosung smiled and replied, "Wow, it has been a while. I haven't seen you since the day of our TV commercial shoot."
Her manager smiled awkwardly.
Lee Ari said to Woosung, "That's right. It was the day you stood me up at a hotel."
"Ha…ha…That sounds strange when you say it like that."
"Oh, I'm surprised you care. I apologize."
Lee Ari replied sarcastically.
Woosung sweated profusely and apologized, "I am so sorry about that. I had a good reason, but it still is unacceptable. I am truly sorry."
"Haha, it's alright. I got a good dinner out of it."
While Woosung smiled uncomfortably, another woman and a man walked in.
Yoo Sona and her manager.
Since she was hired for the Coconut Talk, her popularity has gone up significantly to a point that she was now at the same level as Lee Ari.
When Yoo Sona saw Woosung, she flinched.
Jang Gwangchul grinned and explained, "Oh, I forgot to tell you. I also asked Yoo Sona to join us. She is very popular in China as well. You approve, right?"
Woosung was now sweating visibly. Jang Gwangchul grinned knowingly.
Woosung smiled awkwardly and replied, "Y…yes. Good job."
Finally, the announcement was made for everyone to take a seat and fasten their seat belts.
The One opening event.
Daeyang's Choi Taemin attended himself to boost its sales. Jun Taewon whispered to Choi Taemin.
"TK is doing everything it can to make The One's launch a success."
"Haha, thank you for your hard work."
While they chatted, the name of The One's first buyer was announced.
"Congratulations to Kim Namyoung! You are the first owner of The One. How do you feel?"
"I can't believe it!"
Choi Taemin hired a famous MC for this event. He wanted to make it into as big of an occasion as possible.
The MC asked excitedly, "So Namyoung, who would you like to call first with your new phone?"
"My parents."
"Then do it!"
Kim Namyoung dialed. When she placed the phone against her ear, she felt it becoming warm. Quickly, her mother answered.
"Mom, it's me."
"Oh, what's going on?"
"I got the very first The One from Daeyang!"
Suddenly, the phone became too hot for Kim Namyoung. She dropped it, and as the phone hit the ground, it started to smoke.
Everyone stared in shock.
Minus 12%.
That day, Daeyang System's stock dropped to its lowest price ever.
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Chapter 111: lt;Chinagt;
International Airport in Beijing.
Woosung buttoned up his coat as the cold wind blew harshly.
As he got into the car, his secretary whispered, "The One's battery blew up."
"Then let's increase the marketing budget. This is the best time to promote our phone."
Jang Gwangchul asked Woosung, "What happened?"
"Apparently The One's battery exploded at the opening event!"
Everyone's eyes widened. "What?"
"I guess their plan to create a longer lasting battery backfired."
Everyone took out their Blue S2 phones and searched for relevant news.
"The One's battery explosion: What happened?"
There weren't many news reports, but it was considered a breaking news.
Jang Gwangchul exclaimed, "This is our chance! We need to milk it now!"
Woosung turned to Park Byungki and asked, "Other than increasing the marketing budget, what else should we do?"
"Hmm…"
Park Byungki thought carefully. Unfortunately, there weren't many things competing companies could do in this kind of situation.
Park Byungki gave a cautious reply, "Why don't we do another quality test of our own product and slowly increase its production? I can't think of anything else right now other than that."
"Alright. Let's do that."
Jang Gwangchul suggested excitedly, "Shouldn't we do a huge TV commercial? This could be a chance to kill Daeyang."
"Daeyang still has many fans. If we go too big right now, we may look bad in this situation."
Woosung turned to his secretary and asked, "What is our schedule for this trip?"
"We need to visit the office first and have dinner with the Zhongguancun government official. Tomorrow, we will visit an investor company. The next day, we will attend the opening ceremony, and then there will be a dinner after."
Tight schedule was planned for this three-day trip.
KND office in China.
Woosung hired a Chinese business man as the CEO for this branch. A new name was given to this company as well to blend in.
The name they came up was LetChat.
It was the same name as the chat program they were developing for the Chinese market.
"As you suggested, the data center has been built in China too. This is essentially a separate company from Korean KND." Woosung nodded as Hong Soobum continued, "And per your request, we are also developing an app store named Let Store. It will be included in the Chinese Blue S2, which will be launched next month."
Woosung replied, "There is a rumor that Google will be booted out from China soon. That means the Chinese customers won't be able to access Google App Store. That could be our chance to replace it with our own app store."
"Yes, sir." Hong Soobum nodded.
Woosung turned to the Chinese CEO and asked in fluent Chinese, "Is there anything you need from me?"
Everyone looked at Woosung in surprise.
The CEO replied in fluent Korean, "So far, I am very happy with everything. Thank you."
Woosung answered in Korean too, "We consider Chinese market to be one of our top priorities."
"Good. I heard you are planning to have a dinner tonight with the Zhongguancun local authority?"
When Woosung nodded, the CEO added, "It obviously won't be a simple dinner. You better be ready for it. Chinese people consider saving face to be very important. You better have something big to offer."
"How much do you think I should gift?"
"At least 100,000 dollars. If you are going to bribe, you better go big."
It was a lot of money for such a lower ranking government official.
The CEO continued, "I realize it may seem unfair to you, but this is China and it is how it is. If you go smaller, they will be offended."
"Alright. I will prepare 200,000 dollars." Woosung decided to double it. He added, "Tell them that if they can connect me to Jang Min, Hu Jintao's right hand, I will double it again. If they can introduce me to Xi Jinping or Liu He, I will quadruple the amount."
After the meeting, everyone decided to have some free time on their own. Woosung visited the Beijing university.
"Department of Economics…"
He was looking for Wu Jirin. In his previous life, Wu Jirin was the man who created the cryptocurrency called coin Terra and ASIC for mining.
Woosung walked into Beijing University's Economics Department.
"I would like to make a donation for scholarship."
"P…pardon?"
"I would like to make a donation to thank this university for educating such great students."
The staff seemed confused and surprised.
Woosung continued quickly, "I would like to donate about 1.5 million dollars. How can I do this?"
When the staff looked flabbergasted, Woosung asked, "I would also like you to find a student for me."
Beijing University.
It was the best university in China. The head of Economics Department greeted Woosung with a smile.
"Hahaha, I have seen you on TV. It is such an honor to meet you."
"Haha, you too."
Across from Woosung was Wu Jirin, who was in his fourth year.
"I heard you want to meet my student Wu Jirin here."
"Yes, I heard he is to graduate at the top of his class. If possible, I would love to scout him for my company. I will make a donation to the University as a thank-you gesture."
The head of the department smiled proudly while Wu Jirin looked pleasantly surprised.
Woosung did a quick research on Wu Jirin before coming to the school. Wu Jirin had an excellent grade and was known to be very prideful. He had a sister and his father was a high-ranking government official.
The head of the department said proudly, "He is the best student we have in our school. Haha. He is intelligent, just like his father."
Wu Jirin nodded with a smile.
The department head asked him, "What do you think? He came all the way here just to meet you."
Wu Jirin adjusted his glasses and answered, "Thank you for coming here and making such a big donation. I am well aware of KND and its innovative ways. I do have a few concerns though. Can I ask you some questions?"
Woosung nodded.
Wu Jirin continued, "First of all, your company doesn't have a clear identity. You started out as a smartphone company, but suddenly, you are also doing an internet service business. You are not focused." Wu Jirin breathed and continued. "You are now preparing to get into the mobile carrier business too. You also are known to have a few different personal businesses on the side. You may do well in all of them for now, but without a clear identity and focus, there is a very good chance your company will disappear soon."
Wu Jirin was clearly a very intelligent and well-versed young man. Woosung listened calmly.
"In addition, I also researched you, President Kang, and I haven't found anything about you that was outstanding. The only conclusion I could come up with was that you just have been very lucky so far."
The department head frowned disapprovingly. He was afraid Wu Jirin's criticism may cause Woosung to change his mind about the donation.
Wu Jirin continued anyway, "So based on these facts, I don't find KND to be an attractive company. What do you think, President?"
Woosung looked at Wu Jirin quietly. He was impressed.
Woosung replied, "Do you know the main characteristics of Korean CEOs?"
When Wu Jirin nodded, Woosung continued, "My plan is to grow my company in various different businesses. I am dreaming of making my company the best in the world."
Wu Jirin didn't react. He just nodded and listened.
Woosung continued, "The reason I came to you isn't to get you involved in the existing KND businesses." Finally, Wu Jirin looked interested.
Woosung said one word. "coin."
Wu Jirin's face became rigid. He knew what it was. Wu Jirin was actually the one who translated the original coin report into Chinese.
Woosung explained, "I want you to be the head of this business in my company."
"What do you mean exactly?"
Wu Jirin now looked curious. The department head looked confused.
"Mining, dealership, mining hardware and software, new blockchain technology development, and so on. The possibility is endless. China is very strict with foreign investment and technology. If you become part of my company, you can become the representative of cryptocurrency, which is the future of the financial world." Woosung added firmly. "Your beginning yearly salary will be 1.5 million dollars."
It was 200 times the average salary in China.
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Chapter 112: lt;Chinagt;
Shock.
Surprise.
Pleasure.
Woosung could tell Wu Jirin's emotions clearly on his face. Then suddenly, Wu Jirin looked unconvinced. The offer seemed too good to be true.
Woosung quickly took out the contract he prepared in advance. On the contract was the salary he promised.
Woosung asked him, "Contracts are the foundation of any business relationship."
Wu Jirin read through the contract carefully with trembling hands. He was still shocked at the number of 1.5 million dollars, but he tried to look calm.
Woosung tried hard not to grin.
Wu Jirin said to him, "It's…perfect."
"I had it proofread by a lawyer. It can't be any better."
The head of the Economics Department looked at Wu Jirin.
Woosung asked the department head, "Sir, there will be a big need for great people in the near future in IT and economics. I believe that this university is the best place in China to find such people."
"O…of course."
"Wu Jirin here is now the representative of Bitchina and he will be responsible for hiring employees for this company. Please take good care of him."
Wu Jirin hasn't signed the contract yet, but Woosung shook his hand and said to him.
"I'm happy to be working with you."
Wu Jirin bowed respectfully.
Wu Jirin followed Woosung when he left the room.
"You are leaving after just giving me the contract?"
"Your salary will be directly deposited starting next month. There is an office ready, so you just have to start showing up there." Woosung shrugged his shoulders and continued. "I am paying you 1.5 million dollars, which means I shouldn't have to tell you how to do everything."
"Then tell me one thing."
Woosung nodded.
Wu Jirin asked, "Do you really believe coin will work? Do you think it will replace our corrupted currency system completely?"
Woosung laughed loudly. In his previous life, Wu Jirin was a cold businessman who caused so many people to lose their life savings, but even Wu Jirin was naïve and pure-hearted as a young man.
In 2017 in Woosung's past life, Wu Jirin encouraged many to invest in his cryptocurrency. At first, the value of it soared exponentially, but quickly, it plummeted to the bottom.
Woosung remembered the event clearly. He was working at Bitmain at the time, and it was a shocking incident.
Many believed this was Wu Jirin's plan all along. They believed he orchestrated the whole event for personal gain, but there was no proof.
Wu Jirin looked confused. He asked, "Is my question that strange?"
Woosung shook his head. "No. That wasn't why I laughed. I just thought…I felt like I was seeing myself in you when I was young and pure."
Wu Jirin still looked confused.
Woosung explained in a more refined tone. "I do believe it can replace the current system, and I think a lot of it will depend on you. You could be the one who decides how coin turns out." Woosung patted his shoulder and continued, "Work hard. Don't worry about money when you are hiring people. I suggest you start with Zhu Ketuan."
Zhu Ketuan.
He was the developer who actually created the mining system.
Wu Jirin was studying economics, which means he didn't know much about programming. If he and Zhu Ketuan worked together, there was no stopping them.
Yoo Sona's agency's CEO sat in a hotel room nervously.
"Why? Why aren't they calling for you? I told them clearly that you are willing to do anything."
Yoo Sona asked sharply, "Are you still wanting me to do 'that' even in China?"
They both knew what Yoo Sona was referring to.
The CEO replied, "You can't relax just because you are popular. This is how you maintain your status. You know Kim Soomin, right? Do you know what she is doing nowadays?"
Yoo Sona remained silent.
Kim Soomin.
She was one of the top actresses in Korea, but she wasn't seen nowadays. Yoo Sona understood what her boss was saying, but she still didn't want to do it.
"We already made enough money."
"Do you hear what you're saying? Just because you made a little bit of money, you really think that's enough? It's not even going to cover your mother's hospital bill."
Yoo Sona couldn't deny it, but she still said to him, "But I don't want to do it with a Chinese man. I won't even understand what he is saying."
"You do whatever you are asked to do. Just shut up. You think you're so big now?"
Yoo Sona remained silent.
He continued callously, "Don't forget who made you what you are now. You have a long way to go till you pay back your debt."
Yoo Sona tried hard not to frown. She looked at her phone. It was a promotional gift Blue S2 given to her for being a model for KND's TV commercial.
'I don't think he asked me to come for that.'
Her boss thought Woosung asked her to join him on this trip for an inappropriate reason, but Yoo Sona thought differently. Woosung didn't seem like the type who would ask her to do things like that.
On the way to his hotel, Woosung read the messages from Yoo Sona's boss and frowned unpleasantly.
"She is ready whenever you want her."
"It doesn't matter who."
"Let me know."
He remembered Yoo Sona's story. He became angry. He hated seeing her being treated like an object. He remembered her tears that day.
"Maybe I should get into the entertainment business."
Woosung knew the future. He knew which celebrities would be popular. He also knew which TV shows and reality shows will become successful.
Woosung knew he could make a lot of money in this industry.
Tencent headquarter.
On top of the building was CEO Ma Huateng's office. He looked at the phone Blue S2 on his desk and asked.
"So Coconut Talk service will be pre-installed on this phone?"
"Yes, and that is how the number of users will increase fast."
"And how is our project going?"
"We got to the point where emoticons can be used."
Ma Huateng asked seriously, "Should we give up on HH and start developing a brand new messenger?"
"This is the era of smartphones, which means we need an appropriate messenger for it. Trying to fit HH to it may not work."
Ma Huateng sighed. It seemed like giving up on HH was the only solution.
His assistant continued, "The problem is WhoChat's speed can't compete against Korea's Coconut."
"But that's because Korean internet service is faster."
His assistant replied carefully, "The thing is…Coconut Talk in Blue S2 is still faster than WhoChat even in China. It is up to 10 times faster."
"How?"
"Our development team needs to know KND's server configuration in order to figure it out. So far, what we did is we placed a spy in his Chinese company LetChat as a developer."
"We can't lose this. We can't lose Chinese customers. Don't forget that."
His assistant nodded gravely.
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LetChat office in Zhongguancun.
Lee Dongjin, a server developer, went down the first floor for a smoke when the local developer, Zaijian, spoke to him in fluent Korean.
"You can smoke in the office. You don't have to keep going downstairs for it."
Lee Dongjin smiled awkwardly and replied, "Haha, it's a habit."
"Koreans have such good manners."
"I find Chinese people great too."
Zaijian continued to ask Lee Dongjin questions to keep the conversation, "The server development is progressing quickly, it is hard to keep up on the client side."
"Well, it's because the server development is almost completed already. The only thing left is the infra to fit the local market."
"I guess Coconut Talk is already up and running, it's basically the same server."
"Pretty much. We basically are copying and pasting a lot of it, but I understand that the client side probably has much more work to do."
Zaijian nodded at Lee Dongjin's explanation.
Lee Dongjin asked curiously, "By the way, your Korean is amazing."
"Thank you. I have always been interested in Korea, so I have been studying the language for a long time."
Zaijian appeared to still have more questions he wanted to ask.
Lee Dongjin smiled and offered, "If you have more questions, please feel free to ask me anything."
"Well, I am finding LetChat's speed to be unusually fast. It is so much faster than the local messenger HH, and I don't understand why."
"It makes sense that you are curious as a developer."
"I heard KND's President Kang Woosung created it. Is that true?"
Lee Dongjin nodded. "That's right. He developed the server. He also delivered a presentation at the Microsoft MVP Conference. He is famous."
"MQTT?"
"Yes. He adjusted it slightly to fit the chat service, but of course, MQTT protocol doesn't make up the entire server."
Zaijian continued to ask more detailed questions and Lee Dongjin answered as best as he could.
After a long conversation, the two returned to the office.
Lee Dongjin sat down in his chair and sent a text message using the company cell phone.
"LetChat Client Part Lobby Developer Zaijian"
Lee Dongjin was following the protocol taught to him before leaving Korea. Every Korean developer was asked to report to Hong Soobum if any local developers asked about Coconut Talk's core technology.Hong Soobum read the text.
"Zaijian five times…"
This was the fifth time Zaijian was mentioned by the Korean developers.
He was suspicious.
"Sir, what should we do? Should we let him go?"
Woosung shook his head. "Even if we get rid of him, they will just send another spy. It would be easier for us to keep him. That way, we know who to monitor."
"This is difficult. I can't believe we have to worry about things like this on top of everything else."
"I think we need to create a separate internal information team. I will think about it. Until then, please make sure to protect our technology as best as you can."
"Of course."
The Zhongguancun government officials finally arrived. The highest-ranking representative's name was Mahwacin and he was responsible for controlling local businesses. His power was absolute in this area.
Mahwacin's face was round with a large forehead.
He shook Woosung's hand and introduced himself. "I'm Mahwacin."
"My name is Kang Woosung."
After a quick introduction, they started the meal.
Mahwacin said to Woosung, "I heard about your donation to Beijing University. I was very happy to hear that, as were my superiors."
It was a promising start of a conversation. Woosung's goal now was to earn Mahwacin's trust.
"I am glad to hear it. I will try to do more in the future."
"Haha, thank you so much."
"China is a very important market for KND. I am well aware of its growth potential."
Mahwacin gulped down his drink and replied, "China will definitely grow and become the center of the world."
Mahwacin was clearly proud of his country.
Woosung also took a sip of his drink and answered, "And I hope you end up in the center of this country."
"Haha, thank you. I think your gift will definitely help me to achieve that dream."
Mahwacin was referring to Woosung's bribe, which was given before the meal.
Woosung stopped himself from sneering and replied, "There are still so many more ways I can help you. I don't know if you have heard, but I use the big data analysis to decide major decisions for my company."
"No wonder your company is doing so well if you study such reliable data." Mahwacin didn't seem convinced.
Woosung continued, "There are many uses for big data analysis. It can be used to predict who will win the presidential elections, and what kind of products customers will like…"
Woosung paused, then added. "And also what will happen in China in the future."
Mahwacin flinched.
Woosung continued quickly, "There is a saying you need to become extra cautious when things look calm."
"Are you saying I'm in danger?"
Woosung answered, "I am telling you there is a danger coming, and no one in China is ready for it"
The room became silent. Jang Gwangchul and Hong Soobum didn't know how to react. Mahwacin's colleagues also remained quiet with uncertainty.
Woosung asked, "Can we talk in private?"
Woosung was a successful businessman who invested 500 million dollars in China recently. There was no reason why Mahwacin wouldn't want to hear what Woosung had to say. When Mahwacin nodded, everyone left the room.
During an hour of private conversation, Mahwacin never shook his head once. He kept nodding to Woosung's words earnestly.On their way back to the hotel, Jang Gwangchul asked, "What did you tell him?"
"We just talked about China."
"What about?"
2010.
Natural disaster.
The city of Yushu will experience an earthquake that ends up causing thousands of deaths. Mahwacin found it hard to believe, but he also couldn't reject the possibility completely.
"I told him about a few of my dreams. It was the best way for me to gain his trust."
Hong Soobum looked at Woosung in confusion, but Woosung ignored it.
Jang Gwangchul answered instead, "President Kang dreams of the future ways to make money."
Hong Soobum still didn't understand, but that was the end of the conversation.
When Woosung entered his room, he flinched. He saw Yoo Sona sitting on his bed wearing a sexy qipao outfit.
He asked in shock, "S…Sona, what are you doing here?"
Yoo Sona answered coldly, "Didn't you ask for me to wait for you here?"
There was only one person Woosung knew who would plan something like this.
"That bastard…"
Her boss didn't have access to his room. It must have been Jang Gwangchul.
Yoo Sona stood up and walked slowly towards Woosung.
She asked, "You must be feeling better?"
Woosung answered nervously, "Not yet."
Woosung had to stop himself from ogling her.
She was a seductress.
Red qipao and lipstick.
Her skin looked so pale against such bright colors.
She asked slowly, "Then do I need to tell you about my past ordeals again?"
Her voice was so feminine. Suddenly, she touched his shoulder.
"Take your coat off. I will hang it for you."
Woosung's mouth felt dry. He felt himself losing his control. With the last thread of his willpower,
Woosung said quickly, "I think there must have been a misunderstanding. Please leave the room now. We can talk later."
He then pushed Yoo Sona out to the door. He quickly went into the bathroom and took a cold shower.
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Yoo Sona stood outside Woosung's room in shock.
What.
Just.
Happened?
The only answer was rejection.
She was rejected. Yoo Sona was one of the most popular actresses in the country with countless male fans. She couldn't believe this situation.
"I feel like he is lying to me…But then, he seems serious…"
After shaking her head in confusion, Yoo Sona walked towards the elevator. She stopped when she saw Lee Ari who was frowning at her.
Lee Ari thought distastefully.
'So the rumor was true.'
"Yoo Sona's popularity is because of her secret sponsor."
"She does sexual favors for many powerful men to keep her fame."
Lee Ari didn't want to believe Woosung was involved in this unsavory rumor, so she came to his floor to check it. What she saw was Yoo Sona coming out of his room.
'Whore.'
Lee Ari looked at her in fury. Yoo Sona understood what Lee Ari felt toward her. She had seen similar looks from other members of her idol group. Instead of cowering, Yoo Sona stood straight and walked confidently.
Lee Ari murmured quietly, "Without talent, you will end up losing everything eventually."
Yoo Sona heard it, but she walked away silently. If she reacted now, it would have been like she was confirming the rumors.
She entered the elevator and her eyes met Lee Ari's. Before the door closed, Yoo Sona said the line from her famous TV drama out loud.
"You were given everything, but I had to fight for every single thing I have. If you truly are a good person like everyone thinks then couldn't you let me have this for once?"
Lee Ari remembered this line well. This was the line from the TV drama that made Yoo Sona famous.
Before Lee Ari could respond, the door closed.The city of Yushu.
Chalong, who was the owner of the fruit stall, wasn't feeling well today.
"Why is this broken?"
The photograph of his family placed on top of a shelf was on the floor in pieces.
"Is today going to be an unlucky day?"
He didn't want to go to work today, but he had no choice.
"I'm off to work, honey."
He said to his wife, who was busy with their 4-year-old son.
"Here is your lunch box."
She made his lunch from scratch every day. She was a good cook.
He grabbed the fruit wagon and started walking. He quickly began sweating as he pulled it up the hill.
When he finally arrived at the market and started arranging the fruits, he heard a loud noise.
It was indeed an unlucky day for him. The building in front of him suddenly started collapsing to the ground.
"Dammit…"
He swore and started running towards his house.Woosung was visiting the Chinese companies he invested in. Woosung knew these companies would be successful in the future.
It was nice to see so many talented people working hard. He talked to them earnestly and gave helpful pieces of advice. They looked at him in awe.
DJI.
VIPshop.
Xiami.
Suddenly, Woosung's smartphone rang loudly.
"Hello, sir. Yes. Alright. I will get to it. Yes."
Woosung hung up and called his secretary. "Get the Red Angel Team involved right away and offer our building near the City of Yushu for use. Make a donation of 10 million dollars under the name of KND."
"Yes, sir."
His secretary bowed and disappeared.
The others asked Woosung, "What happened?"
"There has been an earthquake in Yushu city. It was in a 7.1 level. I am expecting many deaths, unfortunately…Probably thousands…"
Everyone looked at him in shock.
Hong Soobum asked, "How do you know that?"
"You can get environmental data from the UN and NASA. It contains a lot of information about what is happening on earth."
No one seemed to understand what he was saying.
Woosung continued, "I analyzed the data on past big earthquakes and was able to predict Yushu will be devastated by an earthquake. I expected it to happen sometime soon, and apparently, it was today. I told this to Mahwacin yesterday so he hadn't had the chance to get prepared for it, unfortunately."
"S…so?"
"So I ordered my building and supplies to be donated to help. I also ordered a large donation. We may have to cancel our opening ceremony tomorrow."
Jang Gwangchul was getting goosebumps. Hong Soobum kept starting at Woosung in surprise. Park Byungki still could not understand the situation.
"You are saying you predicted the earthquake based on the data?"
Before Woosung could answer, a car approached them quickly. It was a custom vehicle from the Chinese government.
"Please come with me. Mahwacin has requested your presence."
The driver opened the door for Woosung as he explained.The city of Yushu.
Overa hundred disaster relief agents from Korea sat around in a hotel room and chatted.
"This is awesome. Nothing is happening right now and we will still get paid 5000 dollars for this trip. He must be a very rich man."
"Haha, I know. We got here on a private jet and get to tour China for free. This is an awesome job."
"I agree."
The room was filled with expensive equipment including helmets and first-aid kits.
"Our monthly salary is 4000 dollars plus we get paid 5000 dollars for every international trip. Kang Woosung must be a super rich guy."
"Haven't you heard of KND? It's the company that sells the popular cell phone. I guess he wants to do good deeds with all his money."
"Well, good for him."
Suddenly, one man's eyes widened.
"W…wait. Did you hear that?"
Their radios started to blink red as the order came in.
"Red Angel, Red Angel. Everyone needs to get ready for Protocol One."
"Red Angel, Red Angel. Everyone needs to get ready for Protocol One."
Over a hundred agents in red fire suit ran out of the hotel.Woosung arrived at the government building in record time. Every car on the street recognized the government vehicle and moved aside for it to pass.
Mahwacin was standing outside the building waiting for Woosung.
"What is happening with the disaster relief team?"
Woosung replied, "I have ordered them to get to it right away. It's happening as we speak. The emergency supplies and donations will arrive soon too."
"Thank you so much. The government will show you our gratitude very soon."
"Haha, of course, we should help each other."
As they spoke, their phones rang nonstop. The TV nearby was reporting live about the disaster site. Many men wearing red fire suits were seen helping people in need.
However, no Chinese agents were seen yet.
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Red Angel's leader Ban Jihwan.
Ban Jihwan first met Woosung last year on November 9th at the Fire Fighters' event. Woosung attended the ceremony created to thank firefighters and made a big donation. There, he told Ban Jihwan of his plan for a team named Red Angel. Woosung offered a generous salary as the job involved the dangers of saving lives during natural disasters.
The average salary of a firefighter was about 3,000 dollars for 280 hours of work per month. Woosung offered the base salary of 7,000 dollars per month plus 10,000 dollars extra for any direct involvement in the disaster relief effort.
For every life saved, he would pay 1,000 dollars.
This was a very attractive offer. Ban Jihwan accepted the job immediately.
"Stop fooling around and do the CPR right now!"
Ban Jihwan resuscitated a woman and moved onto the next victim as he ordered his members. The interpreter followed him around and explained to the locals what was happening and what needed to be done.
"There is a little girl trapped here!"
Someone yelled desperately. Ban Jihwan ran to the site posthaste and noted that the area was not safe with an unsupported concrete wall nearby.
Ban Jihwan shouted, "Everyone back away from the wall."
Ban Jihwan moved carefully. He believed one could never be too cautious in situations like this. He checked the area thoroughly while he yelled words of reassurance at the girl in Chinese.
"I will save you very soon."
Ban Jihwan finally got to the girl and extended his hand towards her. When she grabbed him, he pulled her out.
Meanwhile, everything was being recorded by news reporters.
Chinese government not only ruled the land but also controlled the internet. Facebook and Twitter were not allowed in China. Only the Chinese SNS Weibo was available.
On Weibo, news outlets reported the Yushu city situation everywhere.
Media sources uploaded real-time photos continuously. Most of the said photos included men in red fire suits saving lives. They were running into burning buildings and other dangerous sites to help the victims of the earthquake.
"Who are these men? They got to the disaster location before Chinese firefighters."
"Aren't they the Chinese disaster relief agents?"
"I think I recognize them. They're the Special Fire Man."
"I am a firefighter and I have never heard of Special Fire Man."
"That's why they are special."
"The important thing now is these men in red suits are saving hundreds of lives."
A small news report came up online.
"KND forms a disaster relief team."
In the news article were photos of the dangerous situation in Yushu City. However, the comments and the news article disappeared at an unprecedented speed. It was due to the efforts of the Chinese Government to censor the entire affair.Woosung was reading this article with a proud smile when he exclaimed.
"Huh?"
The article disappeared on Weibo. Woosung turned on the TV and watched the news. The live footage was showing a surprising new headline.
"Chinese special firefighters on site to save lives."
"So far, 1000 fatalities confirmed."
"Thanks to the government's quick action, many lives saved already."
KND or Red Angel weren't mentioned at all. The report made it seem like the Chinese government was the hero. Mahwacin, who was nearby as he watched the report with Woosung, explained.
"Don't think too much about it. This is how things work in China. If you want to do business here, then accept it."
It sounded like a mild threat.
'Bastards.'
However, there was nothing he could do about it. After a few minutes of silence, Mahwacin stood up and announced.
"They are here."
Liu He and other government officials walked into the room.
The future leader of China was Xi Jinping.
However, the actual brain behind him was Liu He.
He was one of the people Woosung wanted to meet. Woosung bowed deeply and introduced himself.
"I am Kang Woosung."
Liu He smiled with a pleased look. "Nice to meet you. I am Liu He. I heard you have provided a lot of help for the Yushu city."
"I just wish I could have done more. I wish I could have told you the exact time of the earthquake as well. I apologize."
"Haha, predicting it alone was amazing."
"I am so honored you came here in person."
Woosung said respectfully. Liu He studied Woosung as he replied. "We are appreciative of all your help."
Many foreign businesses were dying to get into the Chinese market. Woosung was one of them, but the difference was Liu He would remember him now because of what occurred today.
"I heard you used big data analysis to predict the earthquake."
"It's not always this accurate. I was very lucky this time."
Liu He narrowed his eyes and asked, "Luck…Do you think you will continue to be lucky?"
"Most likely."
"Then it's not luck, it's your skill."
"At this point, it doesn't matter. What counts is saving as many lives as possible."
"Then I assume you don't care who saves these lives, or who people think saved lives?"
Liu He looked at Woosung intently. It was a test.
Woosung didn't hesitate for a second. He answered quickly, "Of course. Who cares as long as lives are saved!"
Liu He laughed loudly. "Hahaha, for such a young person, you are very understanding. I am envious of Korea for having someone great like you."
Woosung replied.
"Big data's uses are limitless. This is only one of the many things it can do."
"What else did you learn from it?"
Many people had asked Woosung this same question countless times before. He was starting to get tired of it.
"Sir, I am a businessman."
Liu He frowned but remained silent.
Woosung continued quickly, "But for the brain behind the future general secretary, I am willing to provide you with some information."
Woosung said boldly. He just made a strong claim that Xi Jinping would become the general secretary of China. It would happen in 2 years.
Liu He stared at Woosung for a second, then asked, "And is that also from the data analysis?"
Woosung tapped his head and answered, "Based on MY analysis of the data."
Liu He now seemed interested. "Continue." He nodded for Woosung to go on.
"China will grow at least 10% every year. It will become the second biggest country after America."
Liu He smiled proudly, but as Woosung continued, he became rigid.
"But the pollution will become a serious problem soon with the new factories. Your crops will grow dangerously unhealthy." When Liu He tried to argue, Woosung continued quickly. "But with Xi Jinping, I have no doubt China will swiftly recover. That is why I prepared this gift for you."
The room became tense. Woosung asked.
"If you don't like my gift, you can return it right now. I can pull back my team immediately."
As no one spoke, the only sound in the room now was the sound from the news, which continuously reported of the heroes in red suit saving Chinese lives.
"The total fatality so far has been confirmed to be 2,300. This is one of the worst disasters in recent Chinese history."
"Thanks to our government, people are being saved quickly."
"Already, hundreds of victims have been saved by these angels in red."
"They are the true heroes of our country."After Woosung left, Liu He asked, "Can we trust him?"
"Based on my research, he is clean. I think you can trust his words."
"He wants our help to get into our market."
"Yes."
"And he formed a disaster relief team for this earthquake just to get his business into the Chinese market."
It was hard to believe. It was also shocking to hear Woosung claiming Xi Jinping's future with such certainty. It was a likely situation based on how things went so far, but it's far from being a certainty.
"He offered to quadruple his gift if I introduce him to you, Liu He."
"He is a businessman, so clearly he is very wealthy."
"And he is also very intelligent. Why don't we go with it? We can give him what we can and use him. We need more money if we want to win against Hu Jintao."
Money.
They needed money.
"Tell him we'll do it."
Mahwacin bowed.
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Chapter 116: China
The opening ceremony was canceled, but the dinner planned by Mahwacin was still on. Woosung realized that Mahwacin was not so low ranking as he first thought after all.
Tencent's Ma Huateng.
Aliali's Chungwin.
All the CEOs of the major companies in Zhongguancun attended the event. Woosung glanced at Ma Huateng.
'That's the guy.'
He looked sly. Woosung could feel Ma Huateng checking him out as well.
'Obviously he hates me…Well, I did steal the game League of Ancient.'
There was no firm proof, but Woosung strongly suspected Zaijian was a spy sent by Tencent.
Mahwacin took Woosung around to introduce him to everyone.
"This is Kang Woosung from KND. Say hello to Chungwin of AliAli."
AliAli.
It was the biggest electronics company in China.
"Nice to meet you. I am the CEO of KND, Kang Woosung."
"My name is Chungwin."
Chungwin took out his smartphone from his pocket.
"Blue S2. I am using it myself. I really wanted to meet the man behind such a great product."
"I have heard great things about AliAli as well."
"I am flattered, but I think it's your company that is truly great and innovative"
"It is no flattery, and as for my company, I have been…"
Woosung was about to say he was lucky, but he stopped himself. He had been saying the same thing to everyone. Woosung thought perhaps it was time to change his attitude.
"All I did was provide adequate support for my amazing employees."
Chungwin smiled and replied, "Haha, then I must try harder to be more like you."
After a quick chat with Chungwin, Mahwacin continued to take Woosung around the room.
There were so many important and successful CEOs. Some were familiar, while others were new to Woosung.
During the event, Woosung realized why Mahwacin was doing this.
He was keeping his promise of 'connecting' Woosung to people he needed to know in order to do business in China.
Woosung could feel Mahwacin's good intention.
"This is Ma Huateng, CEO of Tencent, famous for the HH messenger."
Woosung shook Ma Huateng's hand firmly.
"I am KND's CEO Kang Woosung."
Woosung could feel Ma Huateng taking his hand firmly too. He could also feel Ma Huateng's rage.
"I am Tencent's Ma Huateng. Nice to meet you. I heard your messenger Coconut Talk is doing very well in Korea. I would be grateful for any helpful advice from you."
Ma Huateng's lips were smiling, but his eyes were cold.
Fake smile.
"Haha, I am sure you don't need anything from me. I heard your company is doing very well on its own."
"My company is trapped in China, but Coconut Talk has gone international. Oh, I also heard you are developing a messenger called LetChat for China."
"That's right. I created a brand new China-specific company separate from KND. I wanted to make sure I follow Chinese laws and rules perfectly."
Ma Huateng didn't mention the app store development. It was probably because he didn't know Google would soon leave China.
'By the time you realize it, it will be too late.'
Woosung hid his smile and continued, "I hope we become good competitors."
Just then, Lee Ari stepped up to the stage with a microphone.
Many of the men in the room were in their 30's. When they saw Lee Ari, their eyes glowed.
"Hello. I am Lee Ari. I thought I should start with a quiet song considering the recent event."
Lee Ari continued in a professional. She also spoke in fluent Chinese.
As the music began, she started singing "Quiet Night". It was her most popular song.
'I can't believe I am hearing this live.'
Woosung felt proud. He became so successful that he was at an event where a famous singer sang live.
Lee Ari sang like a goddess.
When she finished and bowed lightly, she received a standing ovation. Ma Huateng also couldn't take his eyes off her.
She was wearing a fragile white dress and blood-red lipstick. She looked exquisite.
She was usually paid tens of thousands of dollars for an event and Woosung could understand why. He looked around and the men were gawking at her.
'They must all be Lee Ari's fan, including Ma Huateng.'
It was no wonder. Lee Ari was nicknamed 'the goddess' in China.
As Lee Ari started stepping down from the stage, Ma Huateng raised his hand.
"Encore!"
Lee Ari smiled as brightly as she could and replied.
"I'm sorry, but we are out of time, unfortunately. Perhaps next time."
Ma Huateng looked at her with a disappointed gaze. When Lee Ari sat beside Woosung, Ma Huateng's eyes widened.
Woosung said to Lee Ari, "Good job. I love your voice. I can hear your voice has matured since the last time you released your record."
Lee Ari answered coldly, "I'm surprised you had the time to listen to my songs and compare. I thought you were too busy."
Woosung couldn't understand her meaning. When he tried to ask her, the lights in the room dimmed and Yoo Sona started singing on the stage.
She sang a Chinese song titled "Sweet".
Her accent was near perfect. Woosung could tell how hard she practiced for this day.
Yoo Sona also danced lightly. She was again wearing a revealing qipao, which made the audience wild.
One of the businessmen stood and climbed up the stage. The bodyguards tried to push him out, but he was persistent. Mahwacin frowned angrily.
Yoo Sona left the stage earlier than planned because of this incident.
She asked Woosung, "Did people not like my singing?"
Woosung glanced at the audience. The problem clearly was that they liked her too much.
Instead of answering, Woosung offered. "The steak tastes great. Why don't you try it?"
Yoo Sona frowned at Woosung's attempt to avoid answering her question. Lee Ari smirked secretly. Yoo Sona ate a piece of steak anyway.
Woosung asked her, "How is it?"
"It's ok."
"Of course it's great. It was made with the best meat by the best chef in China."
Yoo Sona nodded. Lee Ari also ate a piece of steak.
Woosung explained. "I think you two are like great chefs. You use singing and acting as your ingredients and cook it to cater to the audience." Woosung looked at both of them and asked, "What do you think makes a good chef?"
Lee Ari answered first, "Graduating from a great culinary school."
Yoo Sona's answer was different. "Trying your best to achieve your goal?"
"Both answers are correct. There are many different ways to become the top chef. However, my answer is a little bit different." Both women concentrated on Woosung as he continued. "The answer is meeting the customer with the best taste. Only then could a chef hear an honest and accurate review of his or her food."
Lee Ari asked, "So what are you trying to say?"
"I am that customer with the best taste. I can also provide you with the best ingredients. What do you think?"
They both suddenly realized what Woosung was saying. He was trying to scout them. Yoo Sona nodded without hesitation.
"Will you take care of my debt to my current agency, and also any future legal disputes?"
"Of course. I believe in your potential, Sona. I will take care of everything."
Yoo Sona smiled in relief, while Lee Ari looked uncomfortable.
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Chapter 117: China
Lee Ari said to Woosung awkwardly, "This is so sudden. I assume you are saying KND will be getting into the entertainment industry?"
"I will be building a comprehensive agency, which will include music and making movies and TV shows. Have you heard of Netflix?"
Both women shook their heads. It was not available in Korea yet, but it was a fast-growing business worldwide.
Woosung explained, "It is a company that shows videos online. I will be adding the management department on top of that."
Lee Ari asked, "So it's like YouTube."
"YouTube offers free videos uploaded by the users. What I will do is provide videos for a fee. Unlike YouTube, which relies on ads for profit, my company will have paying users."
Woosung answered sincerely. He was a big fan of Lee Ari, and he really wanted her to join his agency.
"Sona, do you have any other conditions you would like to add?"
Yoo Sona hesitated, but Woosung understood immediately.
He answered quickly, "Don't worry about that. You will never have to do anything you don't want to."
Yoo Sona bit her lips. Her eyes welled up. She tried her best not to cry.
Clap!
Suddenly, Woosung clapped his hands and winked at Yoo Sona understandingly.
He then asked Lee Ari, "Ari, what do you think?"
Yoo Sona got her emotion under control. Lee Ari could guess what Woosung and Yoo Sona were talking about.
She answered, "I may not know much about business, but I know you need to make thoughtful decisions and have total focus. Don't you think getting into so many different industries will be your downfall someday?"
"Some people think that, but I don't believe that." Woosung grinned and continued. "I can do anything."
Yoo Sona suddenly felt subtle darkness radiating from within Woosung. She shivered and looked at him. She wondered if she could really trust Woosung.
Mahwacin approached their table and asked, "Haha, what are you guys talking about so seriously?" He spoke in Chinese.
Woosung answered in the same language, "We were talking about my company."
Both women's eyes shined at Woosung's flawless Chinese.
"Your secret to success must be to never stop working, Woosung."
"I am trying to give up that habit, but it's very hard."
Two women looked at Woosung with interest. Women loved successful men.
Mahwacin said to Woosung, "But you should always think of your health too. Your work is only beginning in China."
"Thank you for your concern. I won't let you down."
"I think this is the end of this evening. I will contact you later with more details."
"Call me anytime. I will wait for you."When Woosung returned to his hotel, he called for Jang Gwangchul.
After Woosung's explanation, Jang Gwangchul said to him weakly, "Sure, why not."
Jang Gwangchul knew by now Woosung would do whatever he wanted without his approval anyway. Besides, everything Woosung had tried so far had been a huge success.
"I want the headquarter to be in Chungmuro, so please purchase an appropriate building."
"Will you start this company with your own personal money again?"
"Do you want to invest? Once it gets listed in the stock market, I guarantee your profit will be over 100%."
Jang Gwangchul said to the confident Woosung, "So you will start making smaller movies and TV shows, then get into the management business. Eventually, you want it to become something like a mixture of Netflix, Fox, and HBO?"
"Haha, yup. Have you heard of something called a comprehensive channel? With Lee Sunghyun, I should be able to get a TV channel for this company."
Jang Gwangchul closed his eyes and asked, "And you are probably thinking of taking this company to the international market too."
"Of course. Oh, and I forgot to mention that we need to purchase Spotify."
"The free music streaming service?"
"Yes. The current Korean streaming service Grapefruit will never survive the world market, But bringing Spotify into Korea would be easy, just like Facebook and Google."
"So your company will be truly comprehensive."
"Yoo Sona already accepted my offer. I have a good feeling Lee Ari will also be convinced too."
"Then why not just take over Lee Ari's management company, Top Entertainment? You can keep the current chairman Moon Yongjun as the CEO."
Woosung thought carefully. "Is he someone who could be trusted?"
"I will look into it."
Jang Gwangchul stood up to leave, but Woosung grabbed him. "One more thing."
"Gosh, stop creating more work for me! I'm dying here."
"Sir, I am doing this to make it easier for you."
"Fine. Tell me."
"I think we need to make a separate information department."
"Like the Daeyang Economics Lab?"
Woosung nodded. "We need a reliable internal department that can gather various information and analyze them. Like looking into Moon Yongjun."
"Why don't you ask for Lee Sunghyun for help? He must know a lot of NIS agents."
"What if those agents give Lee Sunghyun information about us?"
Jang Gwangchul coughed. "Umm…You're right."
"We need people we can trust. Don't you know some reliable people?"
"Fine. I will look into it."
Woosung stood up and gave Jang Gwangchul a big hug. Jang Gwangchul stammered in surprise.
"W…what are you doing?"
"Do you remember that day when we decided to create our own company?" Jang Gwangchul remembered. He trembled as Woosung explained, "I know very well how hard you have worked for me, but look at where we are. We are doing business in China! Did you ever think we would come this far?"
Jang Gwangchul couldn't answer.
Woosung continued, "It has been less than a year and we have come so far. Blue S is selling like hotcakes and Coconut Talk is being used worldwide. Soon, China will be ours too." Woosung stepped back slowly and added, "It won't take very long. Just a little bit longer, and our empire will be complete. We will become so big companies like Daeyang will cower before us."
Jang Gwangchul replied quietly but firmly, "Is that the future you saw in your dream?"
"So far."
"Fine. I get it. I will do my best."
"Haha, thank you. I know I can count on you."
"And…" Jang Gwangchul paused before continuing. "Thank you."
"…pardon?"
"I admit we came a lot further than I could ever imagine."
Woosung added, "And we will go much further."
Jang Gwangchul nodded. He believed it. He was sure of it.Incheon International Airport.
Many reporters were waiting in anticipation.
"Are you sure he is coming back today?"
"For sure. Why would they lie to me?"
"Then what is taking him so long?"
"Just be patient."
The earthquake in Yushu didn't interest the Korean public much, but the efforts of the Red Angel Team did.
Once it became known that it was a team created by a Korean company KND, people became fascinated.
The media was all over it, and that was why so many reporters were waiting at the airport.
"Maybe he already left through the VIP exit."
Then suddenly, someone yelled.
"Oh, there he is!"
Ban Jihwan was the first to come out. He was a big muscled man. The reporters crowded him and asked.
"Is it true that your team was waiting on site in advance?"
"How did he know there was going to be an earthquake?"
"Is it true your team was waiting in a hotel room?"
"Does KND have an earthquake detector?"
The biggest question was this.
"How did he know he needed to wait in the city of Yushu?"
Ban Jihwan gave the answer prepared for him by Woosung. "I just followed my CEO's order."
"Are you referring to Kang Woosung?"
"Yes."
"Then it's true that Kang Woosung sent your team to Yushu city three days before the earthquake? Because he knew it would happen?"
"I guess so."
At Ban Jihwan's vague answer, the reporters became frustrated.
"This is very important. Please answer the question."
They were being pushy. Ban Jihwan became angry. Even when he was a firefighter, reporters treated him like this. They were rude and aggressive.
Ban Jihwan raised his voice. "The important thing is…!"
The reporters quieted down.
"…That there were so many people we couldn't save. There are people still buried under buildings somewhere unknown to us. Lives matter the most, but it seems like you people don't care. I have no more to say."
He then walked away. KND's bodyguards made a way for him and Ban Jihwan quickly disappeared.
Lee Sunghyun turned off the TV.
Oh Hoon, the current mayor of Seoul who was in the middle of re-election, asked, "Is this your friend's work?"
Lee Sunghyun nodded. "He said I am in the lead by a little."
"His analysis ability is uncanny."
"When will I be able to meet him?"
"He is actually on his way here right now."
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Oh Hoon.
Woosung remembered seeing him on TV in his previous life.
Oh Hoon said to Woosung, "I heard a lot about your data analysis skill."
Lee Sunghyun nodded.
Woosung answered, "Thank you."
"I wish we could have met sooner but we have been both very busy."
Oh Hoon sounded genuine. It was no wonder he was a successful politician. His words sounded sincere and kind.
"I should have visited you sooner. I apologize." Woosung said to him respectfully.
Oh Hoon replied, "Should we get to the business on hand? I heard you think I will be re-elected?"
"Yes. Currently, my analysis tells me you will win but only by a little. Unlike the Democratic Party's Han Minsook, you have already proven your skill as the mayor of the capital city. You have made the city better with natural gas public buses and building a customer support service to hear the public's suggestions and complains. Most people like the improvements you made."
Woosung complimented him, but Oh Hoon wanted more. "Can I hear the specifics? How did my work affect people exactly?"
"Firstly, when I search your name on Google, one of the most popular relevant terms that come up is the public call center. The public's reviews all state how convenient it is for them." Woosung took a deep breath and continued. "I collected the positive and negative words that came up with your name online and compared them. I did the same for Han Minsook too."
Oh Hoon looked at Woosung with interest.
Woosung continued. "I also collected the public's countless comments about you and the other candidate. What I came up with was based on all of these data, but remember, I am not saying I am giving you data that speaks with a hundred percent certainty. It is all about the game of numbers."
Oh Hoon suddenly looked disappointed. Lee Sunghyun's eyebrows flinched.
Woosung continued. "But to be honest, I have never been wrong so far. I have made many predictions and they all turned out to be accurate."
Both Oh Hoon and Lee Sunghyun brightened once again, but their frowns returned after hearing Woosung's next words.
"But then, perhaps I made things to happen my way and that is why I have been right so far."
Woosung said it with a hint of mystery.
He was implying he could make things happen.
Oh Hoon smiled again and replied, "Haha, no wonder Lee Sunghyun recommended you. Make things happen…And do you think you can make the election result go my way?"
"If the reward is big enough."
"Hahaha, you're a true businessman. What would you like me to do for you?"
Woosung answered slowly. "You must feel the world changing. The era of hardware is gone and IT technology is the new future."
"Are you talking about smartphones?"
"Not only that. I was also thinking even more progressively."
Lee Sunghyun looked at Woosung in confusion. Oh Hoon also looked curious.
Woosung asked, "Do you know the bus-only lane?"
Both nodded. It was the previous mayor's crowning achievement.
"The goal was to make sure the public transportation gets to its destination faster. Another improvement was the Transportation Card system."
Both nodded again.
Woosung continued. "This was why the low-income citizens loved this idea. Subway used to cost 90 cents and another 90 cents for the bus separately. However, with the card system, they now only have to pay 90 cents for both the subway and the bus fee."
Oh Hoon asked impatiently, "I know all that. So what are you trying to say?"
"If I go to a convenient store and load my Transportation Card with my credit card, 2% fee is charged by the VAN (Value Added Network)." Oh Hoon and Lee Sunghyun appeared to be ignorant of this fact. Woosung continued. "Currently, the reload system involves the VAN and the credit card company sharing this 2% fee. This was created before the internet became widespread, but at this point, this is unnecessary and is costing the public."
Oh Hoon asked quickly, "So do you have a solution to replace the VAN?"
"I also think the fee is too expensive."
"So?"
"I recommend a new system. You can call it Seoul Pay or S Pay for short. It will replace VAN. It will also decrease the fee to 1% maximum and as low as 0.5%. This will benefit the public a great deal."
Oh Hoon seemed unconvinced. "But if that's possible, why wouldn't it have been applied already?"
"Before now, we didn't have the technology or the funds for it. Not to mention, the main problem was due to the many small businesses that won't support the idea."
Lee Sunghyun glared at Woosung. This was something new and he didn't like to be surprised like this.
Oh Hoon asked again unconvinced, "Are you sure?"
"Can I show you right now?"
"I would love that."
Woosung made a quick call, and his assistant brought in various items with bar codes and the POS machine.Woosung showed many examples. When he took the POS onto the Blue S2 phone, it beeped with an alert that said the transaction was completed. One could also check the transaction history right away.
"You can use the existing POS system or the ones that can be provided by KND."
"By using S Pay, you will earn S Coin, but you will get less of it as your fee will be less as well?"
"That's right, and if they want to cash their S Coins, they can do it at any KND POS stations or through my new company Bitmain at the rate of 1:1."
"I don't see that much of a difference between S Coin and the existing credit card reward points."
"The main differences are the security and the future value of the coins. Firstly, I will be using blockchain, which is a new technology." Woosung brought out the paperwork he prepared. "This is the proof that it is a superior system."
Oh Hoon nodded earnestly. Woosung could tell it was almost a done deal.
"The second advantage is the value of the coins. These S Coins could become more valuable in the future."
Both men's eyes widened. "How?"
"You are probably aware of how popular Blue S2 is currently." Woosung continued. "I am planning on creating another line of luxury phones. For examples, Blue S2 Diamond and Gold. They will be limited editions. They will also have KND services included in the phone for free. These phones could be purchased only through the use of S Coins."
Oh Hoon rubbed his chin.
Woosung added. "Of course this plan does not have to be disclosed immediately to the public. The first thing will be to sell this idea by emphasizing the advantage of fee reduction. I think this will be the way for you to win this election with 100% certainty."
"It sounds like your idea is an innovative system that can be applied anywhere. It doesn't actually have to start in Seoul. It almost feels like I should be asking you for it, rather than you suggesting it to me."
"As a matter of fact, I was going to launch it in America first, but I wanted it to be applied in working condition as soon as possible. A nationwide application would take too long, but if we start in Seoul first, it could yield results immediately. Once the people see how beneficial it is, it will spread like wildfire nationwide. I can then take it overseas."
Woosung added. "What I want is to prove this system a sense of speed and security. What you will get is a lasting achievement as the mayor of Seoul. Who knows? This could get you even further in your career."
Oh Hoon looked excited.
Every Korean politician's dream was to become the President of Korea.
He asked, "Are you confident about your plan?"
"I just proved it to you."
"S Pay. S Coin."
"Seoul Pay. Seoul Coin. This could be your shining legacy."
Oh Hoon nodded again. There was no room for Lee Sunghyun to join between Oh Hoon and Woosung.
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After the meeting.
Lee Sunghyun murmured disappointedly, "If you had a good suggestion like that, I wish you would have told me in advance. I could have helped you in selling the idea…"
"This technology is very high level and innovative. I needed to keep everything a secret for security reasons. I'm sorry."
"Well, I guess you're right."
Woosung changed the subject quickly. "I am especially sensitive because a Chinese company has already planted industrial spies in KND."
"Industrial espionage?"
"That's right. They must have wanted to steal our smartphone and Coconut Talk technologies. There are at least three spies I know of so far."
"Why didn't you tell me earlier? As a matter of fact, I could designate your company's technologies as a national core technology so they can be protected by the NIS."
"I didn't want to bother you again. I have been getting so much help from you recently…"
"I understand that but…Well anyway, if you have a problem like that again in the future, please let me know. Losing such important technologies to other countries would be detrimental to Korea. Your company has tens of thousands of employees in Korea so far. Anything that affects your company affects our country's economy. Don't forget that."
"Alright, and…"
Woosung hesitated. Lee Sunghyun understood immediately and replied.
"Ok. I will check it right away."
After Lee Sunghyun left, Woosung got into his car and headed to the office in Sungleung where Park Jonghyun and Jung Jinsup worked.Nuri Finances headquarter.
The general manager walked into Shin Semi's office on the tenth floor.
"Advisor, Mayor Oh asked us to examine technologies called blockchain and S Coin. He also asked to check on the method of making payments with cell phones."
"Making payments with cellphones? Blockchain?"
"That's right. We are currently studying them at our own research facility and investigating about blockchain."
These were new concepts to Shin Semi. Paying with your cell phone? Also, what was blockchain?
"Where did Mayor Oh hear about these technologies?"
"He didn't tell us. He just mentioned making payments with your cell phone on the POS machine and getting a reward point called S Coin." The general manager continued before Shin Semi could ask any questions. "And he also asked about the possibility of transactions without the VAN. I think he must be thinking about reducing the transaction fees as part of his campaign."
"I can't quite understand. Is he referring to something like mobile banking?"
"I asked that, but he said no. It sounded like something completely new."
"So someone came up with brand new inventions and showed them to the mayor?"
Shin Semi thought carefully. She could guess who it was.
'Now that I think about it, Lee Sunghyun is part of Mayor Oh's election campaign."
This also happened when Woosung returned to Korea. This couldn't be a coincidence.
"Find out where KND's Kang Woosung is right now."
"Yes, ma'am."Bitmain office in Sungleung.
Park Jonghyun threw the report onto the desk.
"You call this a plan? I thought you graduated from the top university in Korea, yet this is the best you can do?"
When Seoul University was mentioned, Jung Jinsup glared angrily.
"I made the adjustments you requested from the last plan, so what is the problem?"
Jung Jinsup fumed at being in this situation. The only reason he was still working here was because he needed the money for his lawyer. He also needed the salary for his living expenses.
'Dammit!'
He couldn't understand how all this happened.
However, there was no use regretting the past.
The only thing he could do was to plan for a better future.
Woosung became the CEO of a successful company in only one year. He graduated from a mediocre university and used to work at Nuri Finances as a newbie developer.
Jung Jinsup would do the same.
Park Jonghyun threw the paper into the air and screamed, "Gosh, you still don't get it! Just get out and start from the beginning."
When Jung Jinsup turned around to leave, Park Jonghyun yelled again, "What are you doing? Pick up the paper first."
Jung Jinsup gritted his teeth loudly. His whole body shuddered in fury. He wondered if he should just quit right now.
He had to sell his cars and smaller assets quickly and cheaply. He was kicked out from KYLO. His pride was damaged terribly.
Jung Jinsup started picking the papers up one piece at a time. Suddenly, another hand appeared.
It was Woosung.
"Sir, I will do it for you."
Jung Jinsup's eyes started to well up with tears. He had never been treated like this before.
"W…Woosung."
Woosung glanced at Park Jonghyun and secretly gestured him to leave.
"I'd pick all of them." Jung Jinsup closed his eyes tight. Woosung tried his hardest not to laugh at him.
He asked, "Are you okay?"
"Y…yeah. I'm okay."
"Tell me if it's too much. I will try to make it better."
"No. I can do this."
"Jonghyun is a bit aggressive, but I didn't realize he is this forceful. I will talk to him, but I'm not sure if he'll listen to me."
Jung Jinsup looked at Woosung hopefully. "R…really?"
"Sure. Anyway, we need to talk. Let's go into the conference room."
Woosung, Park Jonghyun, and Jung Jinsup conducted a meeting in a private room. Woosung's official title at Bitmain was the same as Jung Jinsup. Woosung explained his recent meeting with Oh Hoon and what he offered.
Park Jonghyun asked, "So the first project for this company is the S Coin exchange?"
"That's right. I recommended this to the mayor and I think it will go through."
Jung Jinsup already knew Woosung and Park Jonghyun were friends.
"S Coin? Woosung, are you referring to the blockchain…"
As soon as Jung Jinsup opened his mouth, Park Jonghyun glared at him.
"Show respect to Woosung! Watch your tone!"
Woosung replied kindly, "Haha, it's ok. You can talk informally."
Park Jonghyun added. "No. It doesn't matter if you are friends. Inside the office, you need to always remember your position."
Good cop and bad cop strategy.
This was exactly what Woosung asked Park Jonghyun to do.
Jung Jinsup glared angrily, but he needed the salary. He said weakly, "Well, I understand. It's the rule here."
Woosung's eyes widened. Park Jonghyun did very well making Jung Jinsup meek.
"I suppose. Anyway, let's get back to the business."
Woosung estimated Jung Jinsup's family's current asset to be about 4 million dollars. However, it was decreasing fast due to the trial cost for his father.
Woosung smiled in satisfaction.After the meeting, Woosung talked to Park Jonghyun in private.
"You are doing an amazing job!"
"I am being especially mean to that guy. I'm surprised he is still here."
"Perfect! Keep up the good work."
"So why do you hate him so much? I didn't realize you like to treat people like this."
"Hahaha, I have a good reason for it."
"I asked Chanjong and he said he is not interested in working here. He likes working at a big corporation."
"Alright."
"And Yeoreum called."
"Huh?"
"Some of us from the university created a chatroom to keep in touch. I'd let everyone know you are looking for a developer and she contacted me. She asked how you are doing."
"Tell her I'm doing great."
"I did tell her that."
"Good. That's it, then."
Woosung clearly didn't want to talk about her, so Park Jonghyun changed the subject.
"Oh, and can I attend our university's job convention on the behalf of this company?"
"Job convention?"
"Yeah. We will need more people so this would be a good place to pick some good developers."
"Well, if you find talented workers, then sure."
"Good. I will take care of it."
Woosung realized Park Jonghyun wanted to go back to their university and show off his new job.
He grinned and added, "Just keep up the good work."
"No worries. I'm perfect for this job."
Woosung was happy with him. Park Jonghyun was doing much better than he expected.
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Jung Jinsup swallowed a pill for his headache.
"Dammit! I will make him regret it!"
Jung Jinsup glared at Park Jonghyun sitting in the conference room.
"Bastard!" He murmured. His eyes looked crazy.
He hated his job, but he had no choice.
Then suddenly, he could smell roses.
"Anyone here?"
Shin Semi was behind him.
Jung Jinsup asked in confusion, "Oh, what are you doing here?"
"I heard Woosung is here."
When Woosung came out of the meeting and saw Shin Semi, he grunted, "Why are you here? You didn't even call that you're coming. I thought you have better manners than that."
At Woosung's sudden irritation, everyone froze.
He was the boss of everyone and everything here.
All the employees tensed. Shin Semi also stammered at his unexpected coldness.
"Oh, I didn't mean to be rude."
"And how did you know I was here? Only my secretary and my driver know my schedule. Coming here was actually a spur of a moment thing. Did you bribe my driver to get information on my whereabouts?"
Shin Semi became speechless at Woosung's interrogation. She actually didn't know how her assistant found out where Woosung was.
Woosung continued to accuse her. "Advisor, I consider you one of my close acquaintances, but there are boundaries you need to respect. How would you like it if I did something like this to you?"
Why was he overreacting?
Shin Semi thought they were closer than this. She felt betrayed. She answered impulsively, "I wouldn't mind."
"Pardon?"
Shin Semi raised her voice. "I said I would be okay with that. I believe I have the right to seek you out."
Woosung looked confused. "What?"
Shin Semi explained, "Mayor Oh asked us to examine S Pay. He wanted to know if it was really possible, and how practical and innovative it was. I was hoping to discuss this technology with you, yet here you are accusing me of how I found you."
"Advisor, you're missing the point."
Shin Semi answered bluntly, "Then what is the point? Is there anything more important than business to a businessman? Don't you think it would be damaging to you if we gave him a negative report?"
Woosung became rigid at her threat.
"I think you are misunderstanding the situation." Shin Semi bit her lips nervously. Woosung asked, "Is the security level of Nuri Finances higher than that of America's DARPA?""This technology has been approved by DARPA. Mayor Oh probably wanted a confirmation. Do whatever you want, but remember who will lose if we end up in a battle."
Woosung walked away and before leaving the office, ordered loudly to Park Jonghyun.
"We will go ahead with the plan, so get prepared. Make sure never to allow outsiders to our office. This is a company that deals with security technology. Remember that."
Shin Semi followed Woosung out quickly.
"W…wait. I didn't mean…"
"Advisor."
"Yes?"
"Someday, my company will become much bigger than Nuri Finances. Would you be okay with that?"
"W…what are you talking…"
"I am telling you that my ambition is endless. I may end up taking over your company. Would you still see me as a friend even then?"
Shin Semi tried to calm Woosung down. "You are being unreasonable."
Woosung continued quietly. "Advisor, I became a CEO in only a year. One year. Can you imagine where I would be in 10 years?"
"A company can't grow that fast. You will learn eventually that a company cannot grow continuously forever at this rate. Your company will stabilize soon."
Woosung started to feel that this conversation was going nowhere. "That is why I am getting into many different businesses."
"But if one or more of them fail, then…"
Woosung cut her off. "Then let's see what happens in 10 years. We'll see where I end up then."
Woosung turned around. This was always how they ended their conversations and arguments.
They both didn't know how to compromise.Woosung returned to his KND headquarter. There was more work for him to do.
Future technology research team.
It was a department created by Woosung. It consisted of the best developers in the world including Amelia.
Woosung greeted everyone.
"Are you all ready?"
"Hey! What's new?" Ted, from England, replied as he loudly chewed a piece of gum.
Amelia looked at him with a frown and Ted shrugged his shoulders.
"I would like to congratulate everyone here for the successful development of S Pay and Coin. I am ready to let you know about the next project."
Peter, a dark-skinned man in his 20's, asked curiously. "I am listening."
Woosung looked around the room and asked. "Who read Google's paper on GFS?"
GFS (Google File System).
It was a system different than Window's NTFS and Linux's EXT2. Ted raised his hand.
"Doug Cutting used it to create the Hadoop system."
"That's right."
Ted sneered and asked, "Are you thinking about the big data? Did you really get us here for that?"
He obviously didn't approve of the idea. Amelia raised her voice, "Ted! Have you even studied big data before?"
"What is there to study? I glanced at it, and it was useless."
Woosung said to Ted, "Didn't I tell you that what you think in your head is different than actually making the idea into a practical solution for customers?"
"And that's why we made S Coin. I did find blockchain interesting."
Ted was an immature pig.
However, his skills were undeniable, so Woosung let it go.
"This will be interesting as well."
"If you are serious about working with big data, I'm out. It's boring."
Others seemed to agree with Ted. Woosung said one word to the room.
"AI."
"AI? You mean machine learning?"
"Specifically the deep learning."
"But that is something that isn't used widely because of the overfitting problem. Even if you fix the problem with GPU, it will be too slow…"
Ted suddenly murmured to himself, "Well, there are plenty of data for learning so the only problem would be overfitting."
Overfitting.
It referred to a model that models the training data too well. It happened when a model learned the details to the extent that it negatively impacted the performance of the model on new data.
Woosung looked at Ted and replied, "The first thing we need is the data for the AI to learn, and that is why I mentioned big data."
Ted raised his voice. "Like I said, unless you can fix the overfitting problem, it will not work. Do you even understand what I'm saying?"
"Ted, that is why I hired someone who can fix that. Shane, please come in."
A man with curly black hair walked in.
Shane Legg.
He was the founder of Al Mind Technologies in Woosung's previous life.
Woosung recently purchased a brand new company Al Mind for 70 million dollars.
The company consisted of only three people.
It specialized in AI technology.
If Jang Gwangchul knew this, he would have called Woosung crazy. However, Woosung knew this company was worth a fortune in the future.
Shane walked in and bowed lightly. He then started the brick breaking game.
No one was playing it, but the game went on by itself.
Ted exclaimed. Amelia looked surprised as well. So did Peter.
"Double Point."
"Double Point."
"Double Point."
"Double Point."
The AI was playing the game with excellent skills.
"Congratulations! Hidden Stage!"
The AI even found a hidden stage, which was often missed by human gamers.
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"I didn't know the brick breaking game had a hidden stage…"
Ted said in awe, but no one replied. They all just stared at the screen.
It was a popular game everyone in the room played as children, but no one had seen a hidden stage before. The AI, which was named Thomas, was clearing each level perfectly and ending each stage with the highest possible score.
Woosung looked around the room and asked, "Now, do you understand what I am talking about? Your mission is to improve Thomas to think more deeply and act better while supporting the S Coin technology. Your living expenses will be paid by me on top of your salary while you work on this project." The team members looked excited. "And this is a top-secret project, so you can't talk to anyone about it. This is a part of your non-disclosure agreement."
After everyone signed their contracts, the meeting ended.
Ted approached Shane and started asking questions about Thomas.
Amelia remained seated, but she clearly seemed to want to leave.
Woosung offered, "Go ahead and take a break. You have plenty of time to work later."
"R…really?"
When Woosung nodded, she left the room with the others.
Woosung smiled fondly.Phew.
He was finally home after another long day.
Woosung opened the computer screen. This was his nightly routine before going to bed.
"3,531,300.4311 BTC"
He now had over 3 million coins. After checking the number, Woosung visited the online coin community made by various developers.
"I want to buy a coin."
Previously, Woosung left a message asking to buy coins. There were new replies to his request.
"1BTC = 0.1 cent"
"1BTC = 0.15 cent"
Those who obviously didn't know the future value of coins were selling their coins at a dirt cheap price. Odd times, there were people who received the money and didn't provide him with the coins, but most people were honest.
At present, Woosung managed to buy a coin for 0.1 to 0.2 cents.
In the future, each coin reached the value of up to 20,000 dollars. Through this method, Woosung bought about 72,000 coins at a fraction of a price.
His total in his wallet was 3,603,300.4311 BTC. Just looking at the number made him feel satisfied.
Woosung checked his account balance afterward.
The total of both the US and Korean accounts was 6.1 billion dollars.
He spent a significant amount of money recently on purchasing Al Mind and creating the companies DNK and Bitmain. Despite all these investments, his balance was continuing to increase.
This was because Woosung was profiting substantially from the games League of Ancient and MOX's Legend. He was also earning a considerable amount of money by owning US stocks and through KND products.
He had more than enough money to start his mobile carrier business and his planned entertainment agency.
"You have a new mail."
An alarm rang on his phone. When he checked it, it was an email from Yoo Sona.
"My answer is yes."
Quickly, Woosung opened the Coconut Talk messenger and ordered.
"OS interest increase. Start."
Afterward, he connected to the biggest AC inside community. He then looked up the reports on Mayor Oh Hoon.
"Mayor Oh Hoon plagiarized his paper?"
The report also included a few photos as proofs.
"Jang Gwangchul did very well in finding a good worker."
This was discovered by the person Jang Gwangchul hired for their internal information team.
Plagiarism incident.
In Woosung's previous life, Mayor Oh Hoon was successful in getting re-elected, but during the election, this incident created a lot of problems for him.
Woosung knew this would surface, so he ordered the information team to gather as much info as possible on it.
Suddenly, his phone beeped. Another message had arrived.
"Emergency meeting now."
It was from Lee Sunghyun. Woosung immediately left to the designated meeting place.
A private house in Nonhyundong.
"This is Kang Woosung."
When he spoke to the intercom system, the gate swung open. Inside the garden were rare and well-groomed trees.
This was the first time an emergency meeting was requested.
Following the secretary, Woosung walked into a room where Lee Sunghyun and other election team leaders were gathered.
As soon as Woosung sat down, Lee Sunghyun criticized the leaders.
"What happened here? Why couldn't you stop this?"
Everyone looked bewildered. How could anyone know Mayor Oh plagiarized a paper in the past?
Lee Sunghyun tried to ease the tension and continued, "In 2 months, the election will begin. If this becomes big, the result will not go in our way. You must all know this. So tell me the solution."
Everyone remained quiet.
The report on the plagiarism incident was made only an hour ago. There was no way anyone could have come up with a viable solution. Lee Sunghyun was just being difficult.
"How about we release a scandal about Han Minsook?" One person proposed an idea cautiously.
"Do you have something solid?"
"No, but we can just leak a made-up rumor."
"And when it is proven to be false, we just pretend it wasn't us?"
"That's right."
Lee Sunghyun sighed in frustration. "Gosh! Who does that nowadays? Don't you know it will just make Mayor Oh look bad?"
Lee Sunghyun looked around and asked again.
"Anyone else?"
"It sounded like he did plagiarize a document when he was in university. Why not just admit that he made a mistake and volunteer to give up the corresponding degree?" Another man offered.
Lee Sunghyun sighed deeply again. He felt like this was the only option. They had to close the issue as quickly as possible.
Suddenly, Woosung opened his mouth. "Sir, I found a good video recently."
"Video?"
"Yes. It involves a celebrity named Yoo Sona. It also involves someone very interesting."
Lee Sunghyun nodded for Woosung to continue.
"In the video is a man in Han Minsook's election team. It is Kim Minsoo, the son of Taeson Group's CEO Kim Gwangsun."
Lee Sunghyun looked interested. "That is indeed very intriguing. How did you find such valuable information?"
"I have my ways, but it still hasn't been confirmed with utmost certainty that it is Kim Minsoo. I actually don't know what Kim Minsoo looks like."
"Haha, it doesn't matter as long as the man in the video looks similar to him. It would be big enough of a scandal that destroys Han Minsook."
"I have a plan…"
Lee Sunghyun motioned the others to leave. He knew it was better for fewer people to know about these kinds of affairs."Yoo Sona S Tape" was uploaded quickly onto a porn site.
Yoo Sona.
She was a very popular actress in many Asian countries. The video spread like a wildfire.
"10,203."
"21,444."
"51,559."
The number of views increased quickly
Many agreed that it was a legit video. Ji Minsuk screamed angrily.
"Dammit! Dammit! How did this happen?" He turned to the manager and asked, "Did you ask Yoo Sona about this?"
"Sona said she didn't know how it happened. It looks like a hotel room, but Sona can't tell which one. She has been to so many…"
Ji Minsuk pulled at his hair. His phone was ringing nonstop. Every time he answered it, he ended up apologizing.
"No, sir, it's not like that. I will make sure to fix this."
"Yes, sir, your name won't be mentioned anywhere. I promise."
"I swear your name won't be involved."
There were so many powerful men in various fields that were getting worried. They all had relations with Yoo Sona.
Ji Minsuk asked as he wiped his sweat off his forehead, "How about the media?"
"We sent an official statement to the reporters."
"We have to make sure it just turns into Yoo Sona's personal scandal. The company can't be part of this. Arrange a press release."
"Alright."
A news report came up on TV.
"Hello. This is Reporter Jo Chunghyun from MBD. It has been discovered that the man in the infamous Yoo Sona tape is Kim Minsoo, the son of Taeson Group's CEO. The public is now wondering if they are in a legitimate relationship or Yoo Sona did a sexual favor for her career."
Ji Minsuk stared at the TV in shock.
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Choi Taemin asked his secretary, "Was my name mentioned?"
"As far as I know, no. I already made sure to talk to President Ji Minsuk. He has assured me your name will remain a secret. even if your name gets leaked, I made sure the media will not release it."
"Just where did this video come from? Dammit. We have enough to worry about."
"It is impossible to tell who leaked it. It was first uploaded on an international porn site."
"It better stops with Kim Minsoo. There can't be any other videos of anyone else."
"It sounds like it will end soon. The reporters are starting to believe Kim Minsoo and Yoo Sona were dating at the time."
Choi Taemin replied, "You better be right about that."
"I will find out more about it as quickly as possible."
"Good. By the way, what is he up to nowadays?"
"Nothing unusual. Work-home, work-home as usual. It looks like he is still doing drugs though."
"How about KND's Kang Woosung?"
"He has increased the number of his bodyguards, so it is now harder to learn new information about him. He started to improve his security team after Shin Semi visited his office in Sunleung."
"He did have a sh*tty security. Now that the election is coming up, we need to prepare some cash."
"How much?"
"We need to cover the officials from all the provinces, so I would say about a million dollars."
"Yes, sir."
"And I heard the semiconductor department is doing well nowadays?"
"Yes, because Blue S2 and Apple are being sold out."
Choi Taemin sighed deeply. The situation was getting more difficult. It wasn't so bad that he would lose his position as the heir to Daeyang, but if things continued like this, his future was unclear.
"The report we sent to the chairman on the battery explosion strongly implied the incident was due to the semiconductor overheating. It is partly true too."
"So we are sticking with the story that the problem came from the semiconductor department."
"And one good thing is the sales of Amor doubled. We just need to fix this The One situation, and we will be golden."
Choi Taemin looked outside the window. Until now, he never doubted he would inherit Daeyang. He didn't like this new form of uncertainty.
"How about the KND's developers?"
"Most have skills we already have in our developers. We have tried to poach the main ones, but they will not budge so far."
"… it's so hard. Arrange a meeting with KND's Kang Woosung."
"Yes, sir."Mayor Oh Hoon's plagiarism scandal was quickly forgotten.
Yoo Sona.
Yoo Sona tape.
Yoo Sona Kim Minsoo.
ThirtyNine.
Kim Minsoo.
Yoo Sona's agency.
Keywords involving Yoo Sona's sex tape filled the internet.
Moon Yongjun murmured, "I think she may not survive this."
Woosung replied, "I will be the judge of that."
"I supposed, but…"
Woosung took over Lee Ari's agency. According to Jang Gwangchul's research, CEO Moon Yongjun had a decent reputation and a good business sense.
"You will have control over most things, but this time, you need to trust me."
Moon Yongjun nodded and continued with his report. "Spotify purchase is almost finished. It will be launched sometime next month in Korea."
"Most Koreans are already using a Korean streaming service, so it may be hard to attract them. I don't care if we initially lose money for a few months. Just make sure to focus on getting as many users as possible." Woosung continued calmly. "Spotify is a free music streaming service, so many customers will like that. Grapefruit's service has fees. It will be, however, not easy to attract the sponsors for ads. KND and Coconut Talk will help as much as possible for that. Spotify will be pre-installed to all Blue S phones, so this will help too."
"And after we have enough users, we will create a premium service with fees?"
"Yes. We will offer both free and premium services. Currently, the developers are working hard to create a system that makes accurate personalized music recommendations to the users."
Moon Yongjun still couldn't understand how such a system could make money, but Woosung was the boss now.
"Yes, sir."Slowly, the popular online keywords started to involve Han Minsook.
Han Minsook.
Han Minsook Taesun Group.
Han Minsook Kim Gwansun.
Han Minsook Kim Minsoo.
Suddenly, a rumor started. People began saying Han Minsook offered Yoo Sona to Kim Minsoo for his support during the election. The reporters also started writing speculative articles online.
"You need to protest strongly. Tell the media, Taesun, the police, and Nexter to get rid of these false reports and articles. If we let this continue, your chance at winning the election will become slim."
"Is it still happening?"
"We keep protesting and they deleted it for a while, but a new article keeps popping up. The keywords involving your name also continue to pop up whenever people type Yoo Sona's name."
Han Minsook frowned angrily. She had fought so hard to reach where she was. This needed to stop.
"What did the people from Taesun say?"
"They confirmed that Kim Minsoo and Yoo Sona are dating. At this point, that would be the only thing they could say even if it's not true."
"Warn Taesun, this needs to disappear in 3 hours, or else I will get the prosecutors involved. Do the same to Nexter."
"Yes, ma'am."After a few hours.
Ji Minsuk made Yoo Sona stand in front of the cameras. It wasn't easy for an actress to go through a press conference after such a scandal, but Ji Minsuk needed her to do this.
Yoo Sona was a true actress as she played the victim.
"I again apologize for disappointing my fans, but I want everyone to know that the rumors aren't true." Yoo Sona cried as she asked for sympathy. "I apologize again. I plan on taking some time for reflection. Thank you so much for your support and understanding."
The reporters started to ask questions.
"There is a rumor you were involved in inappropriate relationships with many powerful men for your career. What do you say to that?"
"Is it really true that you and Kim Minsoo are in a romantic relationship? According to our sources, Kim Minsoo had a girlfriend around that time."
"How do you explain getting a TV commercial contract from Taesun Group?"
Yoo Sona remained silent.
It was all planned that she made no additional comments.
Ji Minsuk stepped forward.
"We will be taking legal actions against those who spread these vicious false rumors. So I hope all of you will let this poor girl rest."
Yoo Sona quietly murmured to Ji Minsuk in a cold voice, "As agreed, our contract is now void."
"Fine. It's over. You owe me nothing. We're done."
When Yoo Sona nodded, Ji Minsuk smiled. Yoo Sona already made him over 10 million dollars.
As Yoo Sona was about to leave the room, Ji Minsuk murmured savagely, "You better keep your mouth shut about this, or else."
"If that day comes, I won't be the only one who gets hurt."
"What? Bitch! Don't forget who I am!"
Suddenly, Moon Yongjun walked in. "You can't treat my agency's artist like that."
Many bodyguards in black suits followed Moon Yongjun. Ji Minsuk stammered, "President Moon? W…what are you doing here?"
"I am taking her with me."
"Pardon?"
"Yoo Sona belongs to my company now, so get lost. Got it?"
Moon Yongjun was a legend in the entertainment industry. He was the big fish, while Ji Minsuk owned a small-scale agency.
"Didn't you hear what I just said?"
Ji Minsuk swallowed and nodded.
"This is my only and last warning. I better not see you again." Moon Yongjun then turned to Yoo Sona. "The CEO is waiting for you."
"Alright."
Yoo Sona got into the black sedan.
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NK Entertainment agency in Chungmuro.
Woosung sat down with Yoo Sona. "You made a difficult decision."
"I am the one who needs to thank you. If we didn't do this, I would have been his slave forever."
Woosung explained, "So let's go over the plan for your future. Firstly, your English lesson will begin right away. When you are ready, you will debut in the US. You need to be able to act and sing in English. You will become a star in America."
America.
It was where every Korean star wanted to be. Many Korean singers attempted it, but they all failed. Yoo Sona had her doubts.
"Do you think I have the potential?"
"With my support and your effort, it is absolutely possible. The only thing you need to worry about now is if you can work hard enough. I will be giving you a million dollars as a prepayment. Once you start making profits, we will split it 7:3. You will, of course, be getting the 7."
Yoo Sona had no complaints. She wondered why Woosung was being so kind to her.
"Are you being nice to me because of my body?"
Men loved her looks.
Classically beautiful face.
Voluptuous body.
Long legs.
Woosung replied, "Let's just say I feel your pain."
"Pardon?"
Yoo Sona was ready to give him whatever he wanted. In fact, she was partly hoping he would ask of her.
Woosung continued, "Don't think about anything else other than improving yourself. You became popular in many Asian countries. You have the potential and the charm to be bigger. A mere sex tape will not end you. You will make it."
Woosung then stood up and left. He was one of the very few men who didn't abuse her.Woosung met with Lee Sunghyun who looked happy. He was smiling proudly at Woosung.
"I believe trust is like a point system."
"Then I hope I have a lot of points saved up in your book."
"We went through two big events recently, so I would say you're doing very well."
"I'm glad."
"With this incident, I realized again how talented you are. I am amazed."
"Thank you."
"Your success isn't due to luck. I believe that now. My father is also very impressed."
He was, of course, referring to the President of Korea, Lee Parksung. Woosung pretended to be surprised and humbled.
Lee Sunghyun took a sip of his tea and continued. "With your strategy, we were able to bury Mayor Oh's plagiarism scandal and damage Han Minsook. Kill two birds with one stone. It's my father's favorite saying."
Lee Sunghyun kept using the term 'father' rather than 'the president' to remind Woosung of their relationship.
'Your father's the president, not you!'
Woosung wanted to scream at him but restrained himself. Instead, he said quietly, "I am glad things worked out."
"It's all thanks to you. Mayor Oh is also very happy with your efforts."
Woosung waited. Lee Sunghyun wasn't the type to arrange a meeting for compliments alone. Finally, Lee Sunghyun brought up the main subject.
"With respect to the reduction in fees for the transportation card…"
"Yes."
"I told my father about it, and he said that starting in Seoul is a good idea but why not go bigger?"
"You mean to start in Seoul, and once it proves to be successful, go national?"
"No, he meant we should go bigger from the beginning. Why not launch it in Seoul and a few other provinces as well?" Lee Sunghyun continued, "And if we do it this way, the government will help in every way possible."
"So don't use it as Mayor Oh's election promise…"
Lee Sunghyun nodded and replied, "Make it look like it is a federal government's idea and Seoul will be just a small part of it."
"That would be amazing."
"And you said the value of S Coin will increase if more things are available to be bought by it?"
Woosung nodded.
Lee Sunghyun continued, "So I will ask Daeyang's help. I want to arrange it so the S Coin can be used to buy Daeyang's products including The One premium line and other electronics."
The more S Coin was used, the better it was for Woosung. There was no reason for him to decline this idea.
Woosung asked, "Then why not also talk to the architectural firms so houses can be purchased with S Coins too?"
"Oh! That's a good idea!"
"I am also creating an online store where products can be bought only with S Coins. I will finish this project as soon as possible and let you know.
"Haha, it's amazing how fast and effective you work."
Lee Sunghyun smiled in satisfaction. He then took out a business card and gave it to Woosung.
"This is the number for the director of Ministry of Commerce, Industry, and Energy. Just tell him you are calling about registering as a national core technology and he will know."
National core technology.
It was designated by the government. Once a form of technology received this title, it was protected by the government from being stolen by other countries.
"You can register all your technologies including S Pay, S Coin, Coconut Talk, and Blue S."
It sounded too good to be true, which meant Woosung needed to think it through rationally before committing.
"I will have a meeting with my people."
"Good, and what's the state of the national pension plan investment consulting contest?"
"I have registered my company to be considered.
"I already told the appropriate people to look out for your application."
"Thank you."
Woosung bit his lips. The government was so corrupt. Things weren't won fair and square anymore. At least this time, Woosung was the one who was benefiting from this muddy system.
"My company's system is the best algorithm out there anyway. It profited over 50% last year. You don't have to worry about the quality of my work."
"Many experts will evaluate it, so I am not worried." Lee Sunghyun took another sip of his tea and continued, "As you know, the national pension deals with over 300 billion dollars. When your algorithm gets selected, it will start with only 3 billion dollars as a test and once it proves to be adequate, more money will be placed in the system."
It was an incredible amount of money.
Lee Sunghyun looked at Woosung knowingly. "So this means…"
Woosung answered immediately, "I have already prepared it for you. Same as usual."
"Haha, this is why I like you so much."
Woosung smiled and thought.
'I have a detailed record of how much bribe you received from me. 700,000 dollars. You will regret this someday.'Nuri Enterprise's Shin Yongwon gathered all CEOs for an emergency meeting.
"Did everyone hear the news?"
Silence.
Shin Yongwon continued, "Reduction in the credit card transaction fee by half…What do you think will happen to Nuri credit card?"
Silence again.
Nuri Card's CEO Park Jiwon was sweating visibly. "And there is also a rumor that an internet bank will be created. It will be more convenient than all the existing banks including faster transactions and transfers."
Shin Yongwon smacked the table loudly. "What have you guys done so far to fix this situation?" He looked around the room. He stopped at Na Jaeman and asked, "Tell me what is happening with the national pension consulting contest?"
Na Jaeman swallowed and answered, "We applied with the improved version of the winning stock recommendation system."
"Who made that system?"
Shin Yongwon asked even though he knew the answer, "It's K…Kang Woosung."
"And who is the CEO of the Coconut Bank, which also entered the same contest?"
"K….Kang Woosung."
"So can you guarantee that the system we have is better than what he has now?"
"N…no."
Bang!
Shin Yongwon continued angrily.
"Reducing the fee is Kang Woosung's idea. Internet bank is also Kang Woosung's idea. Kang Woosung is entering the national pension contest too" Shin Yongwon gritted his teeth. "Kang Woosung will take over the financial world. Am I wrong?"
Silence again.
Shin Yongwon slammed the desk again. "Dammit. You are all idiots! Didn't I tell you to study pin tech to prepare for a situation like this?"
Shin Gungu replied finally, "Sir, I think we need to hear from Advisor Shin who is the head of the pin tech department."
Everyone turned to Shin Semi. She replied, "We are just at the beginning stage of the mobile banking project. We have no clue about Kang Woosung's technology. That is where we are now."
Shin Gungu asked, "So what's the next step?"
"We need to become a primary partner with Coconut Bank."
"Partner?"
"Internet bank still needs ATM machines. People still need a place to withdraw money. An offline contact is also necessary. Not everything can happen online."
Shin Gungu replied, "So we become their partnering company…"
"That's the only way for us to survive."
Shin Yongwon frowned viciously.
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Chapter 124: National Core Technology
The chairman of the National pension plan was Jung Homin. The judging finally started. The first level was the evaluation by various expert developers. The contestants looked nervous.
Whoever won this competition would have immediate access to 3 billion dollars and more eventually.
The winner would have a huge influence on the financial world.
"Daeyang Finances' algorithm trading has proven itself over the last three years with an overall profit of 5%."
When Daeyang developer explained, the judges looked unimpressed. They murmured among themselves.
"Wouldn't it be better to give the contract to a foreign equity company?"
"The new policy is to promote diverse investment portfolio within our own country, so we have no choice."
"But this is basically using the public's money to enrich the big financial companies…"
"Oh well…"
The experts all agreed, but there was nothing they could do.
"Next is Nuri Finances."
Shin Gungu stepped forward.
"Hello. I am Shin Gungu from Nuri Finances. I would like to talk about our company's winning stock recommendation algorithm. This system has been doing very well last year." After a brief pause, Shin Gungu continued, "This algorithm learns the pattern of the past winning stocks and applies it to predict the future winning stocks. It has already proven to be very profitable, and I believe it will be a perfect solution for the national pension plan."
The experts murmured among themselves again, "I saw that system and I think it's too risky"
"But it has been profitable so far."
"I looked into it very closely, and it is basically a gambling system."
One of the experts raised his hand to ask a question.
"I think the system involves recommending very risky stocks. What is your answer to that?"
"That is why we have improved it by taking the financial analysts' objective opinions into account."
Some experts looked confused. With this change, this was then technically no longer an algorithm system.
However, they didn't say anything. Nuri Finances was a big company. Someday, it was possible that they may get a job here.
"Alright. Next is KND Investment's Kang Woosung."
Real-time winning stock recommendation.
Extra high-frequency transactions.
Pairs trading algorithm transaction.
As Woosung provided an expert explanation, the event began to feel like a lecture. The concepts Woosung used were pioneering. Even the experts didn't seem to understand everything.
"T…then, are you saying your system is safer and involves lesser risks?"
"That's right. It provides consistent yet profitable results."
"You mentioned it is also making profits in the US market. Then I take it that it is competing against large investment companies like JP Morgan and Citibank. Am I correct?"
"Yes, and we are winning against them. There are even some companies following KND's trading pattern. We are competing against many large US corporations every second." Woosung took a big breath and continued, "And we are winning. Isn't it great that a Korean investment company is winning against the world's best hedge funds?"
Many of the experts nodded.
Woosung was now appealing to the judges on the emotional level.
When Woosung was done with his presentation, everyone in the room could feel who the winner would be.
Shin Gungu approached Woosung thereafter.
"Don't you want to join the after-party?"
"I have more work to do today."
"Well, I guess you must be busy with the fee reduction project."
This plan was not released to the public yet, but many already knew of it.
Credit card fee reduction.
It was a ground-breaking idea both economically and socially. The credit card companies would lose profits and their stocks would decline.
"Yes, that's right."
"I also heard you will create an internet bank? Coconut Bank?"
"I needed a financial institution to process the card transactions."
"Have you decided on ATM or offline places for transactions? Some may prefer online operation, but many will still prefer the offline way."
"We have a specific target for our product. I realize it isn't for everyone, but we will have enough customers who prefer online banking. Also, our ATM machines will first be placed in convenient stores."
"Then what Nuri Bank will offer you is to eliminate any fees we normally charge on using our own ATM."
There were many Nuri Banks available in Seoul. Being able to use their ATMs for free would be very beneficial.
Woosung asked, "What do you want in return?"
"We should help each other."
"Can you give me some specifics?"
"I think we should go somewhere private to talk."
Woosung replied coldly, "As I said before, I am busy. Besides, you aren't the only bank that offered me this deal. Daejin and Saehan Finances both offered very similar deals. If your proposal is similar to theirs, I don't see the point of wasting our time." Shin Gungu frowned at Woosung's rudeness. Woosung continued, "If you would like me to consider your offer, please send me an official proposal."
Woosung left abruptly.After Woosung left, Shin Semi came to stand by Shin Gungu.
"How was your first meeting with Kang Woosung?"
"Just as you said, he is different."
"He said he will take over Nuri Finances in the future. We need to be cautious."
Shin Gungu replied, "I approve of your choice for your husband."
Shin Semi raised her voice. "Oppa!"
"I see why our father was happy with him. He also has a kind face, which is hard to find." He ignored Shin Semi's protest and continued, "He looks honest. Despite his success, I didn't find him to be arrogant. He looked very controlled and ambitious."
"So what? Will we let this happen?"
"This isn't big enough to be the end of Nuri Enterprise. Our company is over 50 years old and very stable. Don't give up so easily."
Shin Semi took out her Blue S2 and replied, "You are the one who needs to take this more seriously. The world is changing. There will come a day when everything can be done on the smartphone. The future is uncertain for us."
"Banks will always be needed no matter what."
Shin Semi frowned. She disagreed, but she couldn't find the need to argue.Yoon Gihwan and the others were waiting for Woosung at the office.
"How did it go?"
"Fine. Besides, it doesn't matter anyway. It was a rigged game."
"Well, just in case."
"The other algorithms were jokes. They can't compare to our system."
"Haha, perfect."
"Just make sure to keep the system conservative. It is the public's pension plan. We need to do the best job we can."
Park Junwoo bit his lips. This was a huge responsibility.
Woosung added seriously. "We are talking about people's lives here. Let's work hard."
Everyone looked determined.
[Breaking news] The government released the credit card fee reduction plan.
[Breaking news] KND's Kang Woosung decides to get involved in the financial industry.
[Breaking news] Coconut Talk is designated as national core technology.
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Choi Gitae exclaimed while watching the news, "Wow, that's impressive."
Choi Gichul remained silent as he watched it as well.
"It would've been difficult to get into the financial industry because of the Separation of Banking and Commerce Act. Maybe different law applies to IT companies, but would the government approve it? Do you know anything about it?"
"No."
"Our company wanted to get into this business too, but the most we were allowed were insurance and hedge fund businesses. However, it sounds like they are going to be launching Coconut Bank…But the law will allow Coconut Company to have only a 10% share of the Coconut Bank…"
Choi Gitae couldn't understand the situation.
Choi Gichul added. "And the company probably could only own 4% of the voting rights. Even if they could gather generous and supportive investors, building their own bank wouldn't be easy."
"They wouldn't be able to do it without active support from the government. I guess the president probably likes the idea of reducing the credit card fee for the public. His approval rating would go up with this."
"I guess so."
"He must be very smart. How would he convince the government though?"
"I heard he hangs out with Lee Sunghyun."
"The President's second son?"
"Yes."
"Why didn't you think of that?"
Choi Gichul remained quiet to Choi Gitae's criticism.
Choi Gitae continued in frustration, "And he is also getting into the mobile carrier business."
"That is correct."
"He is trying to grow too fast. Maybe he is just a greedy idiot."
Choi Gichul nodded slightly in agreement. "I heard he is part of KYLO. Did you hear anything about him?"
"I don't attend regularly, so no."
"Then you should attend more from now on, and you need to do everything you can to bring down Choi Taemin."
Choi Gichul nodded slightly again.
Choi Gitae laughed, "You and I are of the same blood. We need to make Choi Taemin disappear so we can survive." Choi Gichul was sick of hearing this. Choi Gitae continued, "Oh, too bad about Yoo Sona. I liked her.""Do you know any other good girls?"
"I don't really know much about things like that."
Choi Gitae sighed deeply, "Gosh, just what do you know then? It seems like you know nothing. Do you even have a brain?"
Choi Gichul knew that when Choi Gitae became moody like this, there was only one thing he could say.
"I'm sorry."
"Let's be better, okay? How can I trust you with anything if you're like this?"
"I'm sorry."
"I am so sick of your 'I'm sorry.' Anyway, how's the electronics department doing?"
"Same as last year."
"Diregie will be coming to us for cooperation. That company developing a new smartphone. Make sure to delay responding to them as long as possible. I realize it will be hard, but you must."
"Alright, but they may not listen. I think they are Choi Taemin's people."
Choi Taemin screamed at Choi Gichul angrily, "Why can't you just do it right? JUST DO IT!"
Choi Gichul remained silent and motionless. It was best to look as invisible as possible.
"Just do better. We are almost there."
Choi Gitae looked crazy as his eyes shined. Choi Gichul looked scared as he stared at his brother.The building next to KND headquarters.
It was the Coconut Talk's main office. A press conference was held here to release the official news regarding the credit card fee reduction plan.
"So how will this happen exactly?"
"Did you get fair agreements with all of the existing credit card companies?"
"Is it true that the drop could be significant?"
Reporters raised their hands for questions.
"We could do it by improving our technology."
"We didn't require any agreements because Coconut will not be using the existing transaction system."
"Yes, that's correct."
Even after Woosung answered numerous questions, the reporters didn't stop.
"How can you accomplish your plan without using the current transaction system?"
Woosung took out his Blue S2. "You can use this. Install Coconut Pay app on your phone and pay for anything you want. I will show it to you."
Woosung's staffs performed a test for the reporters. The first thing they showed was making a transaction using the existing VAN system.
"As you can see, you register the card on your Blue S2 and scanned it on any POS machine. You can register as many cards as you want on the phone, but if you use the VAN, we won't be able to provide such a significant reduction."
"So in this case, the only advantage would be having all the cards in one phone."
"That's right. Now, let's see the second scenario."
The staffs showed a transaction using Coconut Pay and a POS machine.
"If you use this system, your fee will be halved."
"Is it true that the reduced fee will be given back to you in a form of reward points?"
"Yes. So 1% of your purchase will be returned to you in a form of S Coin. You can use these coins at the S Mall. You can also purchase the KND's premium phone with them. Now, this is the third thing I want to show you."
The staffs opened an app on the phone and entered the 6-digit password.
Beep.
With an alarm, a popup came up.
"Transfer completed."
Woosung explained to the reporters.
"Do you see this? I was able to transfer money with a single click."
Innovation.
"America's has the ability to transfer money and make online purchases with a single input of your password. It is such a convenient system, yet what about Korea? We need so many security steps and certifications to make any online transactions. Even then, things don't always happen smoothly." Woosung took a deep breath and continued, "Fail, fail, and fail. Often times, we are asked to re-install the security program. We get failed transaction messages all the time. We need to install a different version of browsers frequently. It's so crazy and frustrating."
Woosung looked around.
"But the Coconut Pay system is different. After the registration, you just need to enter the 6-digit password to make any transactions or transfers. You never have to bring out your card."
This was routinely used in 2018, but not currently.
Woosung brought future technology to 2010.
"When you use this system, your fee will be reduced by at least 50%."
One of the reporters raised her hand and asked, "But if we get the reduced fee by coins and the coins can't be exchanged for actual money, wouldn't this plan be worthless?"
"A dealership called Bitmain will be opened soon. If anyone wants to exchange the coins for money, it will be possible here with a minimum balance of 5 dollars."
"Wouldn't there be security risks with this system?"
"This approach has been approved by the American federal agencies. I don't think you have to worry about security."
While Woosung took a sip of water, another reporter asked, "Is it true that Coconut is also creating its own bank?"
"If it can increase the customers' benefits, then yes."
"Could you be more specific?"
"For example, we are trying to achieve the elimination of fees involved during transfers and ATM withdrawals. In our company, our IT and financial experts are working very hard for this project. The current banks get enriched by abusing their customers. I will make sure to destroy these existing rules that take advantages of the people."
Another reporter raised his hand. "We also heard you are getting into the mobile carrier business. Is that true?"
"This is a press conference just for the financial business news. I think we took up too much time so far. Let's end it for now."
Woosung stepped down from the stage.
Immediately, the online and offline news were plastered with Woosung's name and his launch of Coconut Bank.
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After the press conference, Woosung returned to the office and faced his employees.
"It finally begins. Please do your best to make Coconut Pay a success."
Jang Gwangchul asked Woosung, "But are you really thinking about forming a bank too? Banking is a very different level of business than just making a transaction system. It will not be easy to go around the Separation of Bank and Commerce Act."
Woosung knew this as well, but he also believed he could do it.
"I am not saying it is something that must be done. As I said at the conference, if there is something we can do to make it more convenient and beneficial for the public, then we must consider it. Once I am certain of our technology and idea, I will do it."
"What about the law?"
"You know I have influences high up in the government. It won't be an issue. Besides, money can buy anything."
People sitting around him frowned bitterly, but they had to admit that it was true.
Woosung told Hong Soobum, "Please get ready to do the same thing in China. Most of the world is covered by , but China is different. We have a chance there."
"Alright."
"I will make a call to Mahwacin to let him know. I already paid him, so he will be helpful." Woosung then looked around the room. "Reduction in fee. With this, we can gain the public's trust. This will make it easier to launch the mobile carrier business because the people will believe in our promise of reducing mobile cost."
Jang Gwangchul, Hong Soobum, Park Byungki, and Yoon Gihwan listened silently.
"We will then become a company that no one can ignore."
Jang Gwangchul replied, "We are big enough now that no one ignores us. People know how many Blue S2 we sold and how many Coconut Talk users we have."
"We are indeed looking at the net profit of 100 million dollars this year."
"Haha, exactly. It could increase more based on our performance so far."
Woosung lowered his voice and replied, "But it's still not enough. We are just beginning."
Jang Gwangchul shut his mouth. Woosung was clearly not satisfied as usual.
"KND's next goal is taking over Qualcomm, and then ARM. We need to become the biggest AP company."
AP (Application Processor).
It was a very high-level technology.
Everyone nodded solemnly. They believed in Woosung's vision for the future.
Woosung ordered, "Now, you are all free to go. Vice president Jang, please stay so we can talk in private."
When everyone else left, Woosung said to Jang Gwangchul, "As you know, the approval rating for the current government is less than 50%. The government wants to use us to improve the situation. After the credit card fee reduction and the mobile cost reduction, they will become more popular."
"So we should use the government as well, but if we do that, we may become a target by the next government…"
"So we need to be ready. We must accomplish the big projects on our own without the current government's help. I have placed an ad looking for a business partner."
"But there aren't any companies good enough to be our partner."
"Many of our competitions will still contact us. They will want to know what kind of technologies we have."
"I better get the internal information team ready."
"We need to protect what we have at all cost."
Jang Gwangchul nodded gravely.Blue House state council meeting.
Seoul Mayor Oh Hoon was making a passionate speech.
"Why do you think the financial crisis happened? It was because of the greedy banks and their poorly run operations. New regulations? Do you really think that will work?" It was a rhetorical question. He continued, "No, I don't think so. It's because of the lack of competition. We need to change this."
Lee Parksung narrowed his eyes and looked at Oh Hoon. He could tell Mayor Oh wanted something.
Lee Parksung asked, "What does everyone think?"
The chairman of the financial service commission answered, "It is true that the world is changing. As technology improves, we need to follow suit and change the financial world too, but the basic principle of the bank system must remain the same. If Coconut Bank can guarantee to stay within this guideline, I agree that it is a good idea."
Oh Hoon added, "That's right."
After a few more opinions from other chairmen, it was finally time for Lee Parksung to make a decision. He asked for a break and returned to his private office.
In his room were two reports on his desk.
"General human resources report."
"Second quarter performance analysis report."
He read the first report.
"Seoul Mayor Oh Hoon."
"Most likely to win the upcoming provincial re-election."
"Made it public that he plans to run for the presidency in the future."
"Supports the fee reduction project."
Lee Parksung murmured.
"He sounds very ambitious, but Sunghyun said he can be trusted…I wonder if he will really become the President in the future."
The report on Oh Hoon was clean.
"It would be great if Oh Hoon becomes the next President, and then Sunghyun next."
Lee Sunghyun read the second report.
"Fee reduction project For 75% Against 20%"
"Coconut Bank For 80% Against 17%"
"Kang Woosung's popularity increasing steadily."
Lee Parksung's eyes sparkled. He stood up and returned to the meeting.
That day, various news made the headlines.
"Government supports the internet banking project."
"Korean transaction company to be formed similarly to ."
"CEO Kang Woosung's Coconut Bank: Will it be actively aided by the government?"
Towards the end of the day, more breaking news came up.
[Exclusive] KND plans to build another factory in Gimpo worth a billion dollars.
[Exclusive] Thousands of jobs to be created in Gimpo, which will positively affect the real estate market in the city.
[Exclusive] Coconut Bank now officially confirmed to be in plans.
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Turning off the TV, Oh Hoon asked Woosung, "You are now more famous than I am!"
Woosung laughed, "Haha, no way. Everyone knows this project got approved because of you."
"I did make an impressive speech at the Blue House. I said this is necessary for this country!"
"Thank you so much."
Oh Hoon laughed and replied, "Haha, you're welcome."
Woosung had to restrain himself from sneering.
'I gave you 300,000 dollars so of course, you should do this for me…'
Woosung had spent a total of over a million dollars in bribe so far.
Oh Hoon continued, "And now, I have to show my thanks to some people in the Blue House…"
Woosung nodded and answered, "I already have something prepared for you. You can take it when you leave."
"You are great!"
Woosung bit his lips. Before this meeting, he at first wondered why Mayor Oh wanted to see him without Lee Sunghyun. However, he caught on quickly.
Money.
He was right too.
"It is my pleasure."
"It will take some time to get final approval. There may be some resistance and objections from the opposite party."
Woosung listened quietly.
"But eventually, they will pass it. Your reputation is great in Korea. You have been compared to America's Elon Musk."
"It is all thanks to you."
"Do you have an interest in getting involved in politics? You have a big potential."
Politics.
Woosung hasn't considered it. The only goal he had so far was making money for the revenge against Choi Gichul.
Woosung replied honestly, "Not right now."
"If you change your mind, come to me. I will help you."
"Yes, sir."
Woosung thought the meeting was over, but Oh Hoon added in a lower voice.
"By the way, it would have been better for me if the fee reduction project started in Seoul first. Because it will now launch in various cities, the public thinks the idea came from the President."
Oh Hoon needed another big project to promote himself for the upcoming re-election.
He continued. "So I thought that perhaps you can take over Yongsan International Business district development project. As you know, it is at the brink of bankruptcy due to the recent financial crisis."
Yongsan International Business district development.
It was an enormous project that required a budget of over 30 billion dollars. Unfortunately, due to the financial crisis, it was halted.
"I don't have any experience in the construction industry…I will have to think about it."
"If you are up for it, the city of Seoul will help you in any way you need. It will be beneficial for you too as a businessman."
"But it is such a huge project. I need to look into a few things before answering."
"You will have the Coconut Bank, which will make it easier for you to get the necessary funds. You will also gain huge tax benefits."
Woosung didn't have anywhere near 30 billion dollars to afford this project. Besides, entering the mobile carrier business was his priority.
When Woosung looked uncomfortable, Oh Hoon added, "Just think about it. You won't have to come up with the entire budget right away. If you can just provide 4 billion dollars, it will prevent the project from having to file for bankruptcy."
After the meeting, Woosung left with an unhappy expression.Jang Gwangchul asked Woosung. "Didn't you say you will use that money to purchase Qualcomm? Besides, we just started the entertainment and mobile carrier businesses. If we get into the unfamiliar territory of the construction industry, it could end us."
"But it could also have a huge return."
"You don't sound sure this time. Do you really believe this is a good opportunity?"
Woosung paused at Jang Gwangchul's accurate assessment of the situation.
Yongsan International Business district development.
It could be a huge opportunity, but unlike other businesses, Woosung wasn't sure of the future of this project.
Woosung asked, "How about using the Coconut Bank for the funds?"
"The Separation of Bank and Commerce Act is there to prevent banks from doing things like that. It is not possible. The media will have a field day if they find out."
"What if we get the cooperation from all the other banks?"
"Do we really have to do this?"
"Yongsan is a prime piece of land. Anything we build there will surely be profitable."
Jang Gwangchul sighed deeply. Theirs was an IT company yet Woosung was becoming interested in the construction industry.
"We could also apply our IT expertise. In the future, homes will become very popular. We can test it there."
"If you must get involved, we need to first cut the budget in half at least. Only then could even consider it."
Woosung added, "The project will involve mainly building residential structures. This will help the housing shortage in Seoul, which means other banks will want to cooperate. We can get them to invest."
This could make him billions of dollars. It was a whole new level of game for Woosung.
However, he also knew how difficult this project would be.
Jang Gwangchul sighed and asked nervously, "And what about the mobile carrier business?"
"Of course we will go ahead with it too."
"Where would we get the additional fund?"
"I was thinking about selling some of the company stock."
"Are you serious?"
"Haha, always. Besides, I have a bit of money in my personal account. It will be enough to start the mobile carrier business."
"Then why the need for selling the shares? We have enough money."
"Haha, for the next investment opportunities."
Jang Gwangchul shook his head and asked.
"And how much were you thinking to sell?"
"1 billion dollars since the smartphones have done so well. Let's do 50 million dollars for Coconut."
"So you have it all planned already."
Woosung lowered his voice further. "I can see the big picture, but I don't have the people to carry it out. I realize I can't do anything. We need capable people in the finances and constructions."
"I know some good people in finances but constructions…I have nothing."
Woosung thought carefully. So much to do yet not enough people. Jang Gwangchul also frowned thoughtfully.
After a few minutes, Woosung replied, "Well, I haven't said yes to Oh Hoon yet so we have some time. Let's get some financial experts first."Nuri Finances headquarters, Shin Gungu's office.
Shin Gungu frowned as he listened to his secretary's report.
"It is now official that Coconut Bank has been approved by the government."
"It wouldn't have been easy…"
"The public likes Kang Woosung. He is the new hero of the country. There are people who are comparing him to Elon Musk."
"He did create innovative products like Blue S, Coconut Talk, and now the Internet Bank."
"The President needs him to improve his approval rating."
"I guess."
"On top of Coconut Bank, there is a rumor that he is planning another project."
"Mobile carrier?"
"That's officially in works already. I meant on top of that too. They are thinking to get into the space business or the electric cars."
Shin Gungu swallowed. It was clear that the government had an undeniable trust in Kang Woosung.
He replied, "If we stay put, we will lose everything."
"Some thinks his company will grow bigger than Daeyang."
"We need to do something. Get Shin Semi."
"Yes, sir."
When she arrived, Shin Gungu explained the situation. As she listened, no expression can be read on the way she looked.
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Chapter 128: Coconut Bank
Every day, Kang Woosung's accomplishments filled the news. In KYLO meetings, he was always the center of attention. The women especially flocked him.
"Haha, tell me your secret to success! It took you only a year to get to where you are now. Come on, you can tell me."
"I just worked hard. There is no secret to it."
Another beauty asked him, "I actually know the answer to that question. It's the data analysis, right?"
Woosung smiled and answered, "Haha, I guess that's the most accurate answer."
The woman smiled brightly. "I knew it!"
"Data analysis? What kind of data did you study to get such great results?"
Another woman answered instead, "What? Do you not know how to perform data analysis? It's statistics. You based your decisions on statistics, right?"
The beautiful woman asked him, "Haha, that's right. At this rate, you ladies are going to know all my secrets."
"Hahahaha."
The women laughed at his joke flirtatiously. Woosung thought in disgust.
'Just stop.'
This wasn't a nightclub, yet these women rubbed themselves against him shamelessly.
One of the women whispered to him secretly, "Can you teach me about statistics in private?"
Woosung blinked. Quickly, he recovered and played the game.
"I can actually teach you something better. Are you interested?"
"Hahaha, you're funny!"
Woosung narrowed his eyes and replied, "Haha, I think you misunderstood me. I meant different analysis techniques…"
The women laughed again.
They were surrounded by expensive whiskeys. Everyone was getting slowly drunk. One woman replied, "It's not a bad idea."
Another one complained in a jealous voice, "Oh my! You have no shame!"
Woosung replied, "Haha, I am happy to teach everyone, but I only teach one on one."
One of the women patted his shoulder and said in a husky voice, "I'm ok with two on one too."
"Hahaha, you're so naughty!"
Woosung replied, "Haha, I have great stamina, so I can handle two on one too."
Everyone laughed again.
Shin Semi watched from afar with a frown. She hated seeing him like this.
'How could he say things like that to those women!'
She hated everything about this situation, yet she couldn't look away.
Jun Taewon approached Shin Semi.
"Haha, Woosung is very popular."
Shin Semi was so focused that she didn't hear him. When she didn't react, Jun Taewon frowned angrily.
He raised his voice slightly, "Leader Shin Semi?"
Finally, she turned around.
"Oh, hi."
"What are you thinking about so seriously?"
"Oh…Just this and that…" However, she quickly turned to Woosung's direction again.
Jun Taewon said to her in disappointment, "I thought TK had a great relationship with Nuri Finances, but I guess I was mistaken."
"It's not like that."
"I asked to meet with you several times through your father, yet you refused every time…I'm not a bad guy, you know. The only reason why TK works with Nuri is because of my trust in you."
Shin Semi sighed lightly at the mention of work. She then remembered what has happened in Sunleung recently. She could understand how he must have felt. She ignored Jun Taewon and started to walk towards Woosung, but Woosung was walking away.
Jun Taewon murmured as he looked at him, "Look at that. He is leaving with those girls."
The group was going into the private room.2 hours later.
Most members have left the meeting, but Shin Semi was still waiting anxiously. When Woosung and the women finally came out, Shin Semi quickly pretended to be doing something else.
The women said to Woosung, "Haha, we had a great time."
"Haha, thank you for your good advice."
"I hope we can do this again?"
"Of course."
"Hopefully in a more private setting?"
Woosung laughed. "Haha, totally."
They passed Shin Semi, who quickly asked pointedly, "Don't we have something to discuss?"
The women turned around with wide eyes.
The atmosphere became tense suddenly.
The women clearly wanted to stay and see what happens, but Woosung winked at them and said with a smile.
"I will tell you later."
"Haha, alright. See you later."
After the women left, Woosung turned around. "What are you talking about?"
Shin Semi looked over Woosung quickly. He looked neat. His hair wasn't messy and his suit was wrinkle-free. Shin Semi was sure nothing happened in the room.
She replied, "We were talking about pin tech last time."
"I already got an offer from your brother. I thought that was the end of the conversation."
"That's different…"
"I meant to send my answer tomorrow anyway. It's a no.."
"Pardon?"
"The deal itself was not very attractive." Shin Semi was baffled. Woosung continued quickly. "Nuri's offer was worse than those from Daejin or Saehan. I had no reason to accept your company's deal."
She had nothing to say about it. So instead, Shin Semi asked, "What did you guys do in the room? Was it fun? Do all men become like that when they become rich?"
"When I first asked you to help me get into KYLO, I told you why I wanted to join. Did you forget?"
Shin Semi remembered. She remained silent.
Woosung continued, "Women like to gossip. I needed the information. That's all."
"I…I see."
"Do you have anything else to ask?" When Shin Semi didn't say anything, Woosung turned around to leave. He added, "Then I would like to ask you a question. Why are you so interested in me?"
"Pardon?"
"You were waiting for me, right? Why?"
Shin Semi wanted to admit it.
Yes! She was waiting for him!
Instead, she answered, "T…that's ridiculous."
"You're the one who is ridiculous. This is the third time you came to me. If you had no feelings for me, you wouldn't do that."
Shin Semi suddenly felt thirsty. She gulped down the warm whiskey on the table. Her heart was beating fast.
Woosung continued, "I am telling you because you are beginning to mix business with your personal feelings. Everyone at the meeting already noticed this too. There are numerous rumors."
Shin Semi reddened. She has never felt this humiliated before.
What should she do?
Her brain stopped working.
"W…what kind of rumors?"
"About two of us. I am used to it, but you aren't. You better be careful or else, it might even appear on the news."
Shin Semi's eyes suddenly shined. The whiskey was helping her to be bold.
She answered, "That's fine with me."
"…pardon?"
"A scandal with a successful businessman wouldn't be a bad thing."
Shin Semi's licked her lips. She looked at Woosung with longing.
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