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MillionNovel > Be happy with sports > Chapter 477 NBA Season Begins 1

Chapter 477 NBA Season Begins 1

    <h4>Chapter 477 NBA Season Begins 1</h4>


    With this great appreciation Matthew regretted not having thought about investing more money than he had saved in the bank when Jake suggested this, Matthew actually thought about selling his shares and did not think about investing more.


    But now he realized that he had missed an excellent business opportunity, he should have trusted Jake who saved hispany from bankruptcy to be the leadingpany in the digital camera market.


    Jake did not know that Matthew thought that way, in fact, he understood well what Matthew thought before, Jake was so confident that the shares would appreciate because he came from the future, otherwise he would never invest almost all of his money in Cisco shares.


    And Matthew had been right to invest the money back in thepany, now the future of Matthew’spany was guaranteed for many years by selling digital cameras and cameras to a cell phonepany.


    Matthew received in profit share much more than the total value of hispany and he would continue to receive a lot of profit because he continued to reinvest profits in thepany again.


    This camera would be thest one they could sell for so much profit, the next ones would have to be much lower in order to keep having so many sales, even so, Matthew had a profit margin of 60 percent and could be reduced to just 20 percent cent and greatly lower the cost of the camera.


    This digital camera that was being sold cost 440 dors, and it sold for 1100 dors, Matthew could sell for 660 dors and still earn 220 dors and the camera would have a value thatpetingpanies could notpete and still earn profits.


    Jake really admired Matthew and knew that Matthew just needed help to be one of the most sessful men in the world, today if Matthew’s equity was calcted he would be 15th among the richest men in the world.


    After all, Matthew’s total fortune was over 11 billion dors, that was because he still had 78 percent of hispany and had 2.5 billion invested in shares and had gained almost 5 billion in profit share from his ownpany. always having reinvested in thepany.


    Jake knew that Matthew was much richer than him and would be even more so when Jake sold the shares in 2000, but in the future, Jake knew that the richest in the world would be him because he intended to invest in 3 of the 4rgest technologypanies in the world.


    "Jake, I confess that I didn’t trust your investment vision very much and that’s why I refused to invest more in the Ciscopany, but I realized that I was wrong and I could have gained many billions to trust you more."


    "It doesn’t matter, Matthew, I understand why you did this and I confess I would do the same if I were you, the important thing is that yourpany has managed to grow and will continue to grow."


    "Yes, that is important, Jake, because now I am going to try to correct my mistake and invest almost all the money I earned with thepany in shares of thepany Cisco, and you will take care of that money for me."


    Jake, Oliver, and Joseph were shocked to hear this, at a time when the market was most uncertain and no one knew when the stock market bubble would burst and it was hard to believe that someone as conservative as Matthew would risk everything.


    "Dad, I don’t think it’s a good idea to do that, I know you trust Jake and I do too, but we’re talking about the stock exchange and not Jake, you can lose everything."


    "Oliver is right, Matthew, it is very risky for you to invest all that money, even because it will be difficult to sell all the shares in a short time if you have so many shares."


    "I trust you, Jake, I know you invested all the money you earned in the Ciscopany, and you are not sure of earning that money again if thepany you invested in goes bankrupt, so I will trust you."


    "I am going to invest 4 billion dors in shares of thepany Cisco, even so, I will still have money saved and it is impossible for me to lose all that money, at most I will lose a few million dors."


    Jake did the calctions quickly and realized that Matthew would probably have 6 percent of thepany if he invested that $ 4 billion now if it were that much Jake could sell before the stock devalued.


    Oliver and Joseph tried to convince Matthew but failed and Jake tried just a little before epting this challenge if Oliver and Joseph knew that Jake hade from the future they would not be so concerned.


    Jake would receive more money with his profit share and if everything went well Matthew would make it into the top 5 on the list of the richest men in the world, so they agreed to this investment, and Jake went back to his house.


    He had to wait because the next day he would talk to ra at lunch, after knowing how much he would receive from ra’spany profit share he would set up a meeting to send Emily to invest Matthew’s money and his as well.


    ra’spany had made 50 million dors in profit in 1997, it was very much thinking that thepany had made many investments in the whole year and was starting to make new agreements to sell even more in 1998.


    But in 1998 Jake had ended their sponsorship contract which did not help thepany to earn more profits, of course, some people who bought the products because of Jake would continue to buy, but now was the time when Jake was bing more famous in everyone after joining the NBA.


    Even so Jake expected them to earn more that year because it was the first profit after making all the investments, after that thepany would depend on making new investments and the quality of the products to make more profit.


    Jake was waiting at the restaurant he arranged to meet with ra to talk business, it was different from Matthew that Jake coulde into his house to talk, Jake realized that ra was happier than at theirst meeting.


    Of course, on his birthday ra was happy, but it was a party asion so he hadn’t noticed any difference, so Jake can be more excited waiting for good news from ra.


    "Hi, ra, you look happier and more rxed today."


    "Yes, fortunately, thepany’s results in thest year were better than expected, they were not as good as they could be, but thepany finished the improvements that were invested at the end of thest year, so we hope that this year will be even better."


    "This is good, I am happy for you, ra, I know how you have fought for the sess of yourpany for many years and I want you to know that I will always support you in any decision you make."


    "Thanks, Jake, but let’s talk about business, in 1997 we started a lot of investments and we were also recovering from the years of lostpany growth, but we did not have a good financial result."


    "But in 1998, because of our investments, we were able to earn much more than expected, ourpany’s profit was 114 million dors, much more than double thest year."


    "I’m going to have to reinvest half that money, but you will still receive $ 5.7 million for your 10 percent stake in thepany."


    "It’s really good, ra, yourpany is doing very well and I’m sure that in 1999 yourpany will have an even greater profit, you managed to recover the lost time that you could have invested and now it will improve yourpany even more."


    "Thanks for the support, Jake, I know that you and Tiffany have always supported me, and that gives me the strength to make thispany grow even more."


    They talked for a while and then Jake went to meet Emily, in the conversation with ra, he didn’t mention Tiffany’spany because he knew ra was a little envious of Tiffany’spany even though they were friends.


    After all, Tiffany’spany had a much smaller investment than herpany and startedter and in thest year it made more profit than herpany did that year, and in 1998 Tiffany’spany made 156 million dors.


    The biggest difference was that Tiffany owned more than half of the shares in herpany, and even by reinvesting in thepany, Tiffany earned much more than she did, not to mention that Tiffany also owned 10 percent of ra’spany.


    Of course, the two were still very friendly and supported each other, but ra’s pride was very great and so it was better not to mention it near her, Emily was already waiting anxiously because she knew that Jake would invest even more in the Ciscopany and she would win more with that too.


    "Hi, Emily, sorry to call so urgently, but you and your team are going to have a lot of work in the next few days and the sooner I speak to you the better."


    "It’s okay, Jake, I knew something like this was going to happen and I got everyone ready to work hard for the next few days."


    "Okay, well, I decided to invest an additional $ 66 million in shares of thepany Cisco, and Matthew asked me to invest $ 4 billion in his name, so you’re going to have to work hard to get all those shares."


    Emily, who was concentrating on writing, was shocked and even stopped writing when she heard what Jake had said, she thought she had already gotten used to working with a lot of money after taking care of Jake and Matthew’s actions, she already took care of more than 3 billions of dors.


    This put a lot of pressure on her and the employees of Jake’s investmentpany, but she could never hope that Matthew would still decide to invest more money than she currently cared for, with those 4 billion dors she would look after more than 7 billion dors.


    Perhaps only the biggest investmentpanies in the world worked with so many stocks and so much money, and it was crazy for any investor that they invest everything in just onepany.
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