Chapter 44

The startup CEO is so comfortable. Silicon Valley startup. Although I invested in several companies, I never thought I would do business here myself. New experiences continued every day. ―Chris: Congratulations on your founding! ―Lennon: Investor, you are welcome to be our colleague. ―Veronica: You know how hard we are, right? Entrepreneurs worry about business models, employees’ dissatisfaction, concerns about growth, anxiety about management rights, pressure from investors, etc. I felt that I had to deal with various stresses on my own. ‘Not me.’ Since it is made with its capital, management rights are not shaken, and there is no need to deal with investors. Oh Myung-woo took a leave of absence from Google and was in charge of the work. “It will take about 10 days until the release of Source Coin.” “So fast?” “I made coins right away, but the management program is taking time. For companies to use, security has to be considered a lot.” “That much can wait.” Even if it only happened within a month, it was fast enough. I thought I might fail. “Eddie is a real genius.” Oh Myung-woo was excited and poured out praises. It is said that the progress of the work is rapid thanks to Eddy making the core framework. I was looking at Oh Myung-woo. ‘Isn’t this guy a genius?’ When they lived in the semi-basement, they worried about each other’s way of making a living. A similar alliance was also concluded. If anyone is struggling enough to starve to death, I will send the money for the meal. It was a thought that was close to childbearing, but he was a friend who went through such a difficult time together. I was surprised inside when I got a job in the US, and I got a little respect for adapting well and enduring it. I knew that the development of Source Coin was smooth now and that Myung-Woo Oh, who led the staff well, made a big contribution. The fact that I don’t have much to do as a representative means that the people around me are competent. “Myungwoo.” Yess?” “Aren’t you thinking of becoming vice president?” “Vice president?” “Yes. It would be a waste to quit Google, but… … .” “I’ll be vice president.” “Really?” How could you quit a global company so easily? Arcor was also a well-known multinational company in the field of optics, but I had a lot of trouble even when I quit my job as a salesperson. “It’s more fun here. And if you’re the vice president, you’re promoted and transferred.” Oh Myung-woo had little greed for money. It is said that he has earned enough to live on for the rest of his life through the salary he received from Google and various side jobs. Of course, it was not enough to live in luxury. ‘I’ve been eating for the rest of my life. If I get married, the expenses will increase three or four times.’ That’s how I appointed Oh Myeong-woo as vice president. When the business showed some success, venture capital contacted me first. ―This is Cereal Capital. We have invested in many companies in Silicon Valley, and among them, there are companies that have been listed on NASDAQ. At present, it is only in the beginning stage, but we highly evaluate the possibility of your company’s development in the future. Series A. Three venture capitalists with seed money of less than a million dollars and initial investments were contacted. Of course, I politely expressed my refusal to such companies. ‘There’s no need to share the stake.’ When I was an investor, I wanted to acquire even a little more stake, but since I started a business, even a 1% stake is a waste. Moreover, with the current business model, if it succeeds, it is only a matter of time before the size of the company grows hundreds of times. ‘Now I have to do something else.’ The Source Coin project was proceeding smoothly, and US private equity fund officials were contacted. “I want to sell my Nikola stock.” Nikola’s stock was heavily interested in hydrogen trucks. Since it is an unlisted company, we negotiated a sale with several private equity funds. And within two days, I got a call from Nikola CEO Trevor Milton. – Shin Kim. What happened? It seemed that news had spread that stocks were being sold. I didn’t want to fight because I didn’t believe in Nikola’s growth potential or because the technology I had was a lie. Maybe I was wrong, but there’s no need to discourage hard-working people. “I own a pharmaceutical company in Korea. I need to pay for the research and development of the coronavirus, and I am selling my shares in Nikola because I am starting a new business.” ―Coronavirus? I’ve heard of something like that in Asia. Still, it is disappointing that you are disposing of your stake like this when you would have made a huge profit through Nikola. “I understand. If there is no suitable buyer, we may leave some of our shares, and I hope you understand that if we exercise our rights as a shareholder, we will always be on the side of Chairman Trevor Milton.” -Hmm. You’re still on my side I passed on a phone call that could be a bit tricky. In my life as a salesperson, dealing with complaint calls was close to routine. Biolife. Dr. Lee Ho-yeon and researchers have been sleeping on their own since the coronavirus spread in South Korea. I couldn’t wash properly or rest, and I was forced to focus only on research. “The workshop is here.” Jang Se-hyung, site manager of Mirae Construction. This year’s schedule was all full, but as there was a request from the core royal family, the mobilization of manpower proceeded immediately. “The lot is quite large, but.” He looked around the neighborhood of Bio Life and started transporting and installing containers with workers. A simple, portable container that is essential for large-scale construction. The sleeping room, toilet, and shower room were separated, so it was a building that did not interfere with researchers staying for a while. “Have you got a construction permit?” “Yes. You can build a dormitory.” “Then let’s begin.” As the heavy machinery of future construction arrives, construction work is underway near BioLife. Dream Art Rainbow. In a group chat room connected with company employees, 50 people had a steady conversation. When I was bored, I had fun watching the group chat room. ―Jung Woo-young: The corona situation is getting very serious. It is said that several travel-related entertainment programs have been canceled. ㅠㅠ ―Dal-Rae Lee: Filming for Jinseo Yugi has been put on hold for this season. ―Park Na-jung: Until the coronavirus calms down, it is said that it is difficult except for studio shooting. The corona situation in Korea was so serious that broadcasting stations even scaled back popular outdoor variety shows. -Jeong Beom-tae: CEO. It is better not to invest in film production for the time being. The multiplex cinema is almost empty… many movies have been canceled or stopped filming. The same goes for the film sector as well. The coin project was doing well, so it was a little comforting. Moreover, it was rather fortunate that I went through this during the preparation stage. If it goes down after starting, the loss is bound to be much greater. -Kim Shin: That’s right. However, I will continue to pay attention and invest in the field of film production. ―Kim Shin: A good movie won’t disappear in the middle just because production is delayed. Please see if you can invest in films that are canceled or abandoned in the middle. ―Kim Shin: If it’s a good movie, we’ll get a chance while others stop. Dream Art Rainbow, in charge of investment and production. If there were a good opportunity, we could provide sufficient funding. ―Kim Shin: Don’t worry about the company. You can prepare to produce the program you want to make regardless of Corona. ―Kim Shin: When the coronavirus calms down, we can start production anytime. In addition to broadcasting stations, it can also be broadcast on OTT, etc. So do what you want without worrying about the programming plan. ―Seonah Yoo: CEO! I’m so bored because the representative isn’t there. When are you coming? Yoo Seon-ah was an employee hired as a secretary, and delivered necessary information such as plans for various entertainment programs or broadcast programs. ―Kim Shin: I think my stay in the US will be a bit longer. I wish you well in your business. ―Seonah Yoo: Yes! CEO! An era in which management is carried out while talking with employees. After texting with the company people, I hung out with Oh Myung-woo in the company PC room. “I was promoted to gold this time.” “Really?” “Okay. Let me show you my stepmom. Umhwa hahaha.” South Korea is engulfed in an epidemic crisis, and the company that has been established at best seems to be in the red for the time being, but you have to play when you play. If everyone works, the tourism and cultural industries will collapse. As much as I bet $200 million on the crash of the New York stock market, I also needed to wait patiently for the results. “Myungwoo.” “Yes.” “I like that you are so relaxed.” “Well then. Even if the sky collapses tomorrow, I won’t have to play ‘Range Game’.” And 15 minutes after starting the game, I could see Oh Myung-woo blowing all kinds of pad lips in the chat window. At Dream Art Rainbow, PDs and artists held a planning meeting. Rеаd at ոоbӏеmtӏ.соm Various items that had been saved since working at the previous broadcasting station were being prepared for production. “It is a very difficult time. Because of the coronavirus, it’s hard to try the contents that I usually think of, whether it’s on set or outdoors.” “It has to be topical.” “It would be nice to have a corner where you can heal somewhere.” Even if you wrap your head and hold a meeting, it is not possible to create work that captures the interest and fun of the public at the same time. It was a burdensome situation to recruit famous MCs and performers. Then, a writer who had just graduated from college came up with an idea. “How about taking a picture of our representative in the US?” “CEO?” “It is. It was buried because of the coronavirus, but it was very noisy as a new rich man. He is handsome and popular.” University or work. The story of how he became very rich at the age of 32 drew great attention among Koreans. Despite the public’s curiosity, the media’s competition for coverage did not continue because of the spread of the coronavirus. “There will be many parts that viewers do not know well. We film and export our CEO’s daily life.” “You want to make it into something like a documentary about a celebrity?” “There are a lot of them on Netflix. Can’t you? I don’t think it will cost a lot to produce, and the CEO is kind to the company.” It was also an era when broadcasts where you went to the mountains or the sea to cook rice had high ratings. If you follow the United States and broadcast the daily life of the super-rich, there will be people who want to see it. Even though it was impossible for terrestrial broadcasters, OTT and even YouTube broadcasting were possible. “To film, you have to get permission from the CEO, and you don’t know what scenes will come out in the US. There is a public resentment towards the super-rich.” “Don’t decorate it luxuriously. The staff can also organize it simply and go. PD, camera man, me. The three of us go and take a picture, and if it’s not suitable for broadcast, we discard it. All you have to do is edit the scenes that the CEO would criticize.” “I think the idea is good. How about talking to the CEO first?” “Who will carry the pistol?” “PD-nim, talk to me.” “What if the CEO’s reaction is not good?” “Could I ask you to write a resignation letter?” Seong Ho-jin PD hesitated and wrote a message in the group chat room. ―Seong Ho-jin PD: CEO. As a result of the idea meeting among us, an opinion came out that we would like to do a program where the CEO takes pictures of his daily life in the United States. ―Seong Ho-jin PD: The representative has to give permission, and the broadcast video needs to be selected well, but… If you don’t mind, can we go and shoot? ―Seong Ho-jin PD: 2 or 3 days is fine. I will edit and take out all the uncomfortable content. Since it was for the company representative, it was a request close to the town hall. Silence came to the chat room, which was noisy. Asking the CEO if he can take a picture himself? And about 30 minutes later, Shin Kim’s post came up. ―Kim Shin: Filming about me? Seong Ho-jin continued to watch the group chat room with the writers.