With the Time Shop, I Too Am the Greatest Conglomerate of All Time

Episode 27. Second gift.(2)

At the same time, as before, he held a note folded in half in his hand.

Whoops, what kind of information would you have given me this time?

With a pounding heart, I opened the note and found a single word written on it.

– the road driver

“You’re a chauffeur. This sounds like the name of a company.”

We all got together and went back to the office, and Daewon looked for my brother.

“brother. Please check to see if there is a company with the name of Fugitive Driver in Korea, and if so, find out what the company is doing.”

“The driver? Why?”

“Just take a look. I don’t know yet, so I can’t say anything.”

“..how long can I find out?”

I answered without hesitation.

“…Of course it is. okay. We will find out as soon as possible.”

“Come here. We investigated the fugitive.”

After reading all the material that my brother had been researching, I couldn’t contain my laughter.

“haha. ha ha ha. What did this mean?”

TSP (Touch Screen Panel).

It’s a technology that is now considered useless.

In a decade, all high-tech devices will have touchscreen technology.

Multi-touch screen technology (a technology that allows you to touch multiple places at the same time) was one of the core technologies of future smartphones.

The company’s main item was an RF (radio frequency) repeater mainly used in the mobile communication field.

Unusually, this company was also a company that developed a few TSP (Touch Screen Panel) at this time.

As the company is on the verge of bankruptcy because it cannot block foreign currency loans, it seemed that the acquisition negotiation would not be too difficult.

‘It was originally a company that made and sold RF (radio frequency) repeaters, so there is a hole for cash. There is even a touch screen production facility, so we can only block the loan maturity this time around.’

An RF repeater is a device used for mobile communication.

Literally, it plays the role of amplifying the signal in the middle so that the radio signal spreads well.

As mobile communication continues to grow these days, it seemed that for the time being, if we overcome this crisis, we will get a pretty decent profit.

This is how my third business was decided.

“Daewon hyung. How many dollars do we have now?”

“About five million dollars. If you switch to gold, you can add another million dollars.”

“The dollar is enough.”

“why? Do you have a place to invest?”

“I am not sure yet. There’s a touchscreen company called a thief.”

“touch screen? What else is that?”

“So… it’s like the touchpad on a laptop, and it’s a technology that allows you to put your hand on the display screen and have the same effect as clicking with a mouse.”

“okay? that’s interesting. But does that technology make money? Isn’t it more convenient to take pictures with a mouse than to take pictures with your hands?”

“It’s convenient to take pictures with a mouse. But what if you can’t take a picture with a mouse? For example, let’s say you have a laptop with only a display. Can I use this?”

“I can’t use it.”

“Right. But what about touchscreen technology?”

“…I can write. It will be a little uncomfortable.”

“Is that right? Laptops will be more than half thinner than they are today. One touch screen technology.”

The tablet PC of the future was built on that principle.

Daewon-hyung nodded as if he understood the merits of touch screen technology.

“..I see. It’s a great skill.”

“yes. Please have the dollars you have saved ready to be used as soon as the investment contract is signed.”

The next day, I headed to Yeongdeungpo-gu, where the driver’s headquarters is located.

When I entered the office, there were few people, and even those who were present seemed unfriendly.

The empty information desk next to the representative office seemed to show the current situation of the company.

When I called earlier, I heard that the boss was there, right?

At that moment, a human voice was heard from inside.

“..Come on in.”

When I entered the office, there was smoke from cigarettes.

Chae Ki-hwan, the owner of the road driver, looked at me with an expressionless face.

“If you came to collect debt, stand in line. There are about 30 people waiting in front of you.”

I said hello to him.

“hello. president.”

It was then that Chae’s expression changed as if he recognized that I was young.

“..you look like you’re still a student, but what have you come here for?”

“I came here for work. Everyone, my name is Jae-Woon Kang, the director.”

“Work..?”

“yes. We want to invest in the president’s company at Damoye.”

“investment? to our company?”

“..I think I’m a student for now, did I not see it well?”

“You saw it right. I’m still in high school.”

“By the way, did the student come to represent the company called Damoye and make an investment in our company?”

“yes. Even though I’m young, I’m in the position of a director. I want you to think of my position rather than my age.”

“It’s hard to believe. Are there any companies in the world that entrust high school students with executives these days?”

“It is rare, but as long as we have the ability to gather together, we can take on any number of important responsibilities. That is one of our strengths.”

“…well, whatever it is. Would you like to invest in our company? Did you know about the company?”

“Sure. Also, the financial situation is temporarily not good right now. It is also said that if we overcome the crisis now, the company will grow significantly.”

“You’re all right, but did you know that you need $4 million to get through that crisis?”

four million dollars

You owe a lot more than you think.

But it was at a level that I could solve within the dollar I had.

At those words, Chae’s eyes changed.

“How can you mobilize $4 million when the dollar is dry like today? It doesn’t seem like a small company.”

It wasn’t exactly like that.

It’s because our company has a lot of cash for its size.

In terms of size, it was one of the smallest among small and medium-sized enterprises (SMEs).

“yes. Then can I talk to you in detail?”

He sat on the sofa in the office and continued the conversation with the boss.

“Then how much do you plan to invest?”

“This is the full $4 million loan we need to stop.”

CEO Chae swallowed dry saliva and asked.

“..I would be very grateful if you could, but what is the condition?”

“I want a 60% stake.”

The color of Chae’s face deteriorated.

“60%? Are you saying you want to take over?”

“Not right now, but maybe someday. Even if I take over the stake, I do not intend to touch the position of CEO Chae. For now.”

60%.

It’s the same as losing the company, though.

Still, 40% of his share remains.

If he goes bankrupt, his share is 0%.

After the bank sells the buildings and equipment at a bargain price and takes their share, there will be nothing left.

“..Are you going to eat a company with a real value of 30 billion won for 4 million dollars, or 8 billion won?”

“That is Chae’s personal opinion. You know very well that if the liquidation goes like this, nothing will be left of the boss.”

“.. let me ask you one thing. With that amount of money, it would be nice to invest in something other than ours, but why would you want to invest in our company?”

“To be honest, it’s because of the touchscreen technology you have.”

At my words, Chae put on an unexpected expression on his face.

“..the purpose is touch screen technology, not the RF (radio frequency) repeater technology we have? I don’t understand. Investing in that non-commercial technology.”

“There is no commercial value. CEO Chae saw something, so he developed touch screen technology, didn’t he?”

“I saw it. The screen moves when you put your hand on it. How cool is this? But in the end it was just an illusion. It looked cool from the outside, but in reality, it was just a technology that had no use and no one was buying it. In the end, I ended up spending a huge amount of money and ended up like this.”

It sounded absurd to me, who knew the future.

Chae, who was driven to this point because he could not find a market, could have thought that way.

“I have a different opinion, but you probably need time to think about investing anyway, right?”

Contrary to my expectations, CEO Chae shook his head.

“I have already thought enough about it. If the company called Damoye is interested in my company, let’s sign a contract on that condition.”

“.. that’s surprising. You’re giving up a company you’ve grown for a long time so easily.”

“If I was alone, I would never pass that condition. How did you grow the company? I’d rather go bankrupt before handing it over to someone else. But I can’t because I have one daughter who I’m looking at right now.”

With those words, President Chae touched the photo album on the desk with his hands.

However, the face of the girl in the photo album was very familiar.

Maybe Chae Sang?

‘ah. Chae Ki-hwan. Chae Sang-ah. Was CEO Chae the father of ivory?’

For a moment, the thought crossed my mind that this might not be a coincidence.

That didn’t change anything.

No, it was rather good.

Thanks to this, CEO Chae avoided bankruptcy and Sang-a no longer had to move to Gangwon-do.

The next day, lawyers from both sides signed the investment contract.

After signing the autograph, Chae’s face looked surprisingly light.

“You have more than 60% of the stake, but you don’t look so bad, don’t you?”

“Did it look like that? When she told me that she had received the investment yesterday, she said how much her daughter liked it. And when she thinks about it, I think she’s been very considerate of me there.”

“Are we?”

“okay. In fact, if I were in that position, I would have asked for a 90% stake. Because my situation wasn’t good enough. But if you look at only 60% of the request, the person who is the representative of that side seems to have a lot of recognition.”

It wasn’t about recognition.

President Chae was a necessary person for the development of the touch screen.

It was because it was necessary to leave enough shares to not lose motivation.

interpret it like this fufu.

“Our CEO really cares about people. It’s a person you’ll be working with in the future, but it’s understandable that you take care of the situation.”

Chae nodded his head with a ‘really’ face.

“I have a question for you.”

“Why did you invest in our touchscreen technology? It’s a technique I tried to sell, but in the end it failed.”

“Chief Chae. Do you know the PCS phone?”

Personal communication service (PCS) phone.

It was a product that could be said to be a kind of mobile phone used in this era.

It did not have as many functions as the smartphone of the future.

It was only possible to make calls and send simple text messages.

“..I know.”

“What if the buttons on that PCS phone were on a touchscreen instead of being physically pressed like we do now?”

“…it might take less power.”

“It’s not like that. You can make a number appear when you need to press a number, and a text when you need to press a letter. And when a message arrives, we might be able to show it.”

“There is another. What if there is a machine where a picture of food floats on a large display screen installed in a restaurant, and the food is ordered by touching it with your hand?”

Chae had a face that was already deep in thought.

“These are just a few examples of how touchscreens can be used. Besides this, there are tons of other places where you can use the touch screen. In the future, touchscreen technology will be one of the most important technologies.”

You’re a smart person, so if you explained it like this, would you understand?

Chae opened his mouth to see if his thoughts were organized.

“How can you use a touchscreen like that? I never imagined. After hearing what Director Kang said, I think I had taken the wrong direction.”

“Touch screens are a technology that has a lot of potential beyond what your boss thinks. That’s why we’re also investing a huge amount of $4 million.”

Chae smiled with a disappointed face.

“..haha. In fact, I’ve been waiting all along. Someone told me that your dreams were not in vain, that the touchscreen you developed will change the future, and so on. But I never thought I would hear that from a high school student.”

“Let me say it again. The boss was not wrong. If you join us, you will see how touchscreens are changing the future, just like you said.”

Chae had a shocked expression on his face.

“..thank you for saying that. Director Kang.”