The God of Coding, Becoming an IT Conglomerate

54. Enemy’s Enemy is Enemy (1)

The man’s name is Seok Myeong-cheol.

Like all artisans of this era, even though he did not receive a proper college education, he was a person who had risen to the ranks of masters through decades of field experience and tremendous effort.

“Hmm…”

He frowned between his eyebrows and was looking at the blueprint.

“Is it difficult, sir?”

Seok Myeong-cheol glanced at Ho-young, who was sitting in the front seat.

Despite his young age, no, he said he would give him a large sum of 10 million won.

He looked like a young man from a rich family with his elegant and handsome appearance and his suit pulled out.

“It’s hard and there’s nothing to do. I already brought the prototype, and the blueprint is enough. It’s like bragging, but I can build anything with a blueprint. What I’m curious about is that even if I take on this request, I don’t know anything about this system, so the finish is neat, and the resistivity of the wire is lowered to the maximum so that the current flows better… It’s because it seems like there’s nothing I can do about it.”

“That’s enough. I’m not asking you to add special features. I want the device I envisioned to come out in perfect shape.”

Hoyeong’s crude device had a data rate of only 200kbps.

I thought it would be a success even if I lowered the resistivity and reached 300kbps.

Hoyeong didn’t want to save money on being able to use Gaia.

“Okay. Then try my hand. Come back in a week.”

“thank you. Teacher.”

Hoyeong bowed her head in greeting and put down five bundles of 1 million won in her bag.

“Here is the down payment. I’ll give you the other half when the item is complete. Please also purchase the highest quality materials. And among the materials needed for production here, I’ll give you the RFID module here. Maybe this device is hard to find in Korea right now. There is currently only one of these devices. Please handle with care.”

“Is it possible?”

Hoyoung left the store in a good mood.

He did not give Seok Myeong-cheol a large sum of money just for this request.

If Seok Myeong-cheol was really good enough to be in the ranks of masters, it was to deepen his friendship, thinking that he would have countless production requests in the future.

“Looks like there will be many days to meet.”

Hoyoung laughed thinking of Seok Myungchul.

There were countless things I wanted to ask him for in the future.

.

.

.

As promised, one week later, after Seok Myeong-cheol completed the RFID transceiver, H&H’s software development speed increased by leaps and bounds.

Until now, Hoyoung had to check the developed sources with his own eyes, but now, when he delivered them to Gaia through his laptop, Gaia reviewed them at an incredibly fast speed.

Ho-yeong asked Dell to find out where RFID modules were sold, imported a few more high-performance equipment, and commissioned a few more from Seok Myung-cheol.

He only received 1 million won for each request, saying that it was easy to make because it was a machine he had made once.

And in the meantime, H&H faced a cataclysm.

– Hoyoung. The lawsuit you asked for is actually sluggish. No matter how much I explain, the federal government is only returning the answer that it is under review.

“Smith, don’t mind that too much. Of course, it would be best if we could get something right through patent litigation, but it’s enough to give consumers the perception that Microsoft is embroiled in these patent disputes.”

Hoyoung had been talking to Smith for the first time in a while.

Currently, Hoyoung has entrusted two requests to Smith.

One of them, the patent dispute with Microsoft, was not going well.

Smith continued as if he was frustrated.

– It seems that Microsoft’s influence in the United States cannot be ignored. And H&H is not a local company in the first place.

“you’re right. Then, how is the second request going?”

When the story of the second request came up, Smith’s small laugh was heard through the receiver.

– It’s going well. Currently, the investment plan has been submitted to the state government, and the business establishment report has been completed. Now, if the Dallas state government approves, preparations for establishment are officially over.

“You worked hard. Within a few days, my senior Lee Jin-chan, who served as the CEO of H&H, boarded a plane to the United States this morning. It will probably arrive the day after tomorrow morning, American time.”

Hoyoung and Smith were talking about the establishment of H&H’s US branch.

Now, H&H, whose sales and cash flow far exceed most mid-sized companies, decided to establish a US branch to enter the US market in earnest.

– yes. If the representative comes, we will talk enough and proceed well. According to the current proposal, Gaia Investment’s stake will be 50.1% and H&H’s stake will be established in the form of 49.9%. In fact, the US government would classify it as an American company.

Hoyoung smiled.

The US branch was in fact a business with greater sales and scalability than the Korean headquarters.

If H&H in Korea was the foundation for growth, H&H in the US was the core that would serve as the actual headquarters.

Of the 49.9% of H&H’s investment in the US branch, Hoyoung’s share was 52%.

Then, 25.9% of the investment in the United States was no different from Hoyoung’s share.

When combined with the 50.1% invested under the name of Gaia Investment, a whopping 76% was Hoyoung’s stake.

“Smith, have you considered my suggestion?”

– Could you give me a little more time? Actually, I made up my mind, but my family’s opinions haven’t come together yet.

“You can think slowly. There is still time until the establishment of the US branch is completed.

– thank you.

Ho-young asked Smith to lead the legal team at H&H’s US branch.

For one thing, Smith said that even in the same Dallas, his current place of work and the place where H&H’s US branch is planned to be established are quite far apart, so he discusses moving and education issues with his family and answers them.

‘Although it looks like it will come anyway.’

Hoyoung had the idea that Smith would join H&H.

He already had a chimney-like desire to work with Ho-yeong.

Currently, he must be convincing his family.

– What does Eric say?

“Eric has already agreed. By now, he probably already resigned from Goldman Sachs and went on vacation somewhere.”

– this! Calculations are also fast.

“You should think well of Smith. You may need to take a vacation soon. If you come to our company, it might be difficult to take a vacation for a while.”

– Gosh! It’s a bad boss. I’ll have to think about this a little bit more.

Hoyoung and Smith laughed for a long time while exchanging jokes.

“Then Smith, talk to Jin-chan tomorrow and contact me again. It’s because there’s not much time left for today’s appointment.”

– All right. boss. I will contact you.

Hoyeong said no, but smiled at Smith, who already called him boss.

Unlike manufacturing, software sales through local corporations made a lot of profit.

This is because logistics costs are not high anyway, and customs duties through goods are not greatly imposed.

Instead, the criteria for permission to establish a branch were very strict.

Since the government does not grant permission unless it is a fairly large company, it was not until the early 2000s that Hoyeong lived in the previous life that a Korean software company created a US corporation for the first time.

Beep-

“Procrastination. We are about to depart for the meeting place now.”

– yes. Director. I will wait for the car on the first floor. Please come down in 5 minutes.

“I’ll go right down and wait. thanks.”

Hoyoung asked Miru over the intercom and went straight down to the first floor.

After waiting for a while, Miru pulled out the car.

Hoyoung got into Miru’s car and went to the meeting place.

The meeting place was a private room on the first floor of a hotel not far from Gangnam.

“What on earth did you call such a secret place to talk about? Gaia. Record every conversation in the conference room.”

Jiing-

After hearing Gaia’s answer, Hoyoung opened the private room and entered.

In the private room, a man dressed in a suit and with his hair neatly brushed back jumped up from his seat when Ho-young arrived and greeted him.

“hello? I am Kim Eui-chan of Myeongseong Investment & Securities. Thank you so much for your valuable time.”

“yes. nice to meet you I am a director of H&H, and my name is Yun Ho-young, who is acting as the representative due to the current CEO’s business trip.”

A few days ago, Ui-Chan Kim had contacted Ho-Young directly through the company.

With the polite words of asking when we can meet.

In particular, he asked if Hoyeong could come out in person.

In fact, Hoyoung tried to refuse without looking back.

Because the meeting itself was not very interesting.

I had received countless requests to meet personally before.

As H&H was on the road to success, the stock market began to keep an eye on H&H, and in fact, investment proposals came in frequently.

However, Hoyoung rejected all offers.

Not only did he not need additional investment money, but even if he received an investment, he was a shareholder and did not want to interfere in management even a little.

However, the reason why Hoyeong was here today was because of the name Kim Uichan mentioned.

Kim Eui-chan said that there was another person who said he wanted to meet Ho-young, and that he was just an errand boy.

“Would you like something to drink?”

“A glass of iced americano, please. Who said he wanted to meet me?”

“He is coming now. Because there is a lot of attention from the outside, he left with a time difference with me.”

After a while.

There was some commotion outside.

Judging by the presence of people, it seemed that it was not just one or two people.

Miru, who was standing next to Hoyoung, was wary and pressed close to Hoyeong.

jump-

Then the door opened and four men entered.

Judging by their appearance, the one in the front seemed to be their boss, while the others were three bodyguards accompanying him.

“Nice to meet you. Mr. Hoyoung Yoon? haha! I really missed you. I am the Adjustment Ceremony of Fame.”

The man who entered the room was Cho Jung-sik, the eldest son of the Myeongseong family and vice president of Myeongseong Products.

If Hoyoung was someone else, he would have lightly ignored the offer to meet today.

However, after hearing Jo Jung-sik’s name, he changed his mind.

“Nice to meet you. This is Yun Ho-young. What did you ask to see me for?”

“ha ha ha. I just arrived Let’s take it slow. slowly. Hey, bring me something cool.”

Jo Jung-sik sat down in a chair and spoke to the attendant.

The attendant immediately said ‘yes!’ He disappeared and quickly appeared with two glasses of iced americano.

“Here, let’s get a drink. You seem impatient, so I will tell you straight.”

“I see.”

“Is Yun Ho-young also a shareholder with H&H shares?” “Yes.”

“Then that share. Are you willing to sell to me?”

“There is not.”

“yes?”

“I just said I have no desire to sell.”

Hoyoung answered Jo Jung-sik’s words as soon as he was afraid to run out.

Upon hearing the answer, Jo Jung-sik’s eyes widened slightly.

He looked at Hoyoung with devastated eyes and opened his mouth.

“ha ha ha···. Of course, that doesn’t mean selling it at that price. I can give you big bucks you can’t even imagine.”

“Do you know what percentage I have and you say that?”

“I cannot know the details as H&H has not yet made a public offering, but I have obtained information that four people equally divided the shares at the time of the establishment. There was also an external investment. Then, by analogy, wouldn’t it be at least around 15% per person?”

Jo Jeong-sik met Ho-young’s eyes and smiled.

His calculations were quite accurate.

“Then how much will you give me?”

“15 billion. I will give you that as a lump sum in cash.”

“15 billion?”

“yes. Besides, it’s not just a gift. We will solve all tax problems and other problems on our side, and put 15 billion won in our bank account as an after-tax receipt.”

Jo Jung-sik had a confident expression on his face, but Ho-young smiled.

“15 billion seems too small.”

“Less?”

“yes. That would be a little difficult for me to buy my stake in H&H.”

“haha! Distribution is also great. I didn’t expect you to accept the offer all at once. How much do you want?”

“I should have received about 500 billion.”

Jo Jung-sik was startled by Ho-young’s words and opened his eyes wide.

“I beg your pardon? 500 billion? Did I hear you wrong?”

“no. You heard me right. 500 billion as an after-tax real estate order. If you suggest that much, I guess I can think about handing over the stake.”

Hoyoung said without raising an eyebrow.