Chapter 522: Chapter 516: Arrogance
Why are there such substantial differences between individuals? Ruby Frank’s thoughts wandered a bit, but Finn Lewis was, of course, oblivious to it. Upon hearing Ruby’s words, Finn chuckled and responded, “None of that matters. Be itpany A or Corp, it makes no difference to us. If I ask for it, I trust that even 5% of Corp shares freely given by Hanson Lee is a possibility.”
Having spent the night at the hotel, Finn attended the board meeting ofpany A the next day upon an invitation extended by Greg. Forpanies like A, shareholders with more than 10% of shares were rare. It was virtually impossible to obtain absolute controlling interest, otherwise, Finn wouldn’t have be thepany’s major individual shareholder with a mere 4.8% of shares.
“Let’s wee Mr. Lewis to his first board meeting atpany A.” Levinson Wesley, a middle-aged board member, kicked off the meeting with a weing remark. The room erupted in warm apuse. Surveying the room, Finn observed that the attendees were generally in their forties or fifties, with some of them sportingpletely white hair. Finn stood out markedly from the group.
“Hello everyone, I believe that we’re not entirely unfamiliar with each other,” Finn said with a smile.
“Certainly. Mr. Lewis, you are the first to acquire 4.8% ofpany A through a technology exchange,” Levinson said.
“Company A benefited significantly from this advanced technology, right?” Finn responded with a grin. The technology Finn had offered wasn’t extraordinary. At least it didn’t seem so to him now. To put it bluntly, it was essentially an operating system. While different from existing operating systems, its capabilities were much greater.n/?/vel/b//in dot c//om
It fulfilled a purpose simr to the voice system inside Company A’s current system, but there was noparison between the two. The former was advanced and smart in a way thetter simply wasn’t. It enabled a spectacr drop in system resource usage of the iOS system in Company A’s devices.
It could even reduce battery consumption from a software perspective, enhance system performance, and deliver an unparalleled user experience. After instation, over 90% of users would use this new system instead of the existing one. Furthermore, due to its capacity for integrating and optimizing other systems, all other systems could be discarded. However,pany A purchased all rights to it.
Furthermore, imagine the value of a software that can reduce resource consumption by 70%, significantly boost performance, and integrate your mobile phone andputer, or any device with an operating system for that matter, controlled via your phone. In the realm of mobile phones, such an operating system would givepany A an edge over allpetitors globally.
You should know thatpany A is still under great pressure. Ever since Jobs’s death, althoughpany A’s market share hasn’t declined much, Corp is undoubtedly increasing its market pration rate. If it wasn’t forpany A’s loyal customer base who has continually supported the market,pany A would have failed long ago.<div>
Even thoughpany A’s annual profit hasn’t declined, a drop in market share is an inevitable certainty. The fluidity and ease of use of the iOS system ounts for a significant portion of the reasonpany A could maintain its current market standing. The Android system tends tog after an extended period due to a buildup of system junk. This problem persists regardless of how Corp enhances its system.
Since the Android system itself is open, this is a significant reason why it could be on par withpany A. The software Finn sold topany A revived their hope of monopolizing the market. Around this time, the chairman of Corp paid a visit to Finn. Regardless of the reason for the visit, it was somethingpany A didn’t want to see happening.
“Of course, both parties were satisfied with this transaction. One of the reasons this board meeting was called is because ofpany A’s future, where Mr. Lewis ys a significant role. We invited Mr. Lewis here today to inquire if there may be a possibility of a partnership between yourpany and ours.” Levinson said with a smile.
Augh almost erupted from Finn, “Mypany? you’re brave. With less than 5% of shares, I am far from calling this mypany.”
“Alright, though I consent that Mr. Lewis only has less than a 5% share. However, a drop inpany A’s share price wouldn’t be good news to Mr. Lewis either, would it?” Levinson said with a hint of inquiry upon noticing Finn’s expression.
Finn nced at him, observing the expressions of the other attendees. He soon understood what they were implying – taking advantage of him as a shareholder ofpany A or literally getting advanced technology from him for free. Their intention was definitely audacious but where were these invitations when he just got his shares in Company A?
Although the agreement between the two parties states that it should not be made public, as the most substantial individual shareholder, Finn should’ve been notified bypany A about the convening of board meetings, as a basic courtesy. Therefore, he didn’t have a good impression of them.
“As I recall, our contract states that if I ever want to sell my shares,pany A has the right to repurchase them at market price. So now, are you willing to buy back?” Finn casually straightened his attire and responded with a slight smile, looking at Levinson, “Partnership or not, is all this talk necessary? I don’t have to y along, right? Is it difficult to get Company A’s shares? Maybe, but I don’t care.”
Upon hearing Finn’s words, everyone in the room froze, then their expressions became somewhat awkward.
Levinson, in particr, was at a loss for words. After a long pause, he forced augh and said, “Mr. Lewis must be joking. Since you are here, it clearly indicates that you see potential inpany A, doesn’t it?”
“Let’s say that I’m selling my 4.8% shares right now, would you buy them?” Finn ignored his response and asked coolly.