Breaking Up Is Better Than Divorce

issue maker

The next day after arriving in Korea, I went to the Shooting Star headquarters building in Teheran-ro and received a report on the situation.

“Shooting Star Company has a lot of cash equivalents.”

“How much?”

“We spent 700 billion won out of the 3.7 trillion won allocated to SS Partners, and about KRW 1 trillion to 400 billion won allocated to SS Ventures.”

Kim Hwan gives us an approximate asset minus the Ussuri.

Before the terrorist attack on Freescale Semiconductor’s Malaysian factory, $600 million was brought in and short-selling stocks of Daeyang Group affiliates, resulting in 1.5 trillion won worth of money. This amounted to 2.3 trillion won.

Most of the shares of Daeyang Group affiliates were sold and turned into cash.

If it wasn’t for Daeyang International stock, which is the core of the Daeyang Group’s circular shareholding structure, there was no reason to hold it.

In the meantime, it acquired one small private equity fund and one venture capital, and changed the names to SS Partners and SS Ventures, respectively.

“So far, we have purchased 32 properties in all.”

SS Partners spent 700 billion won to collect buildings for sale on Teheran-ro.

It can be seen that almost all of the building-level properties currently being used as the headquarters of Shooting Star have been purchased. In addition, small and medium-sized office buildings between billions of won and tens of billions of won were also purchased as long as the location was good.

Of course, each building has at least 80% of its loans, so the actual value of the real estate it owns exceeds 4 trillion won.

All of these buildings will more than double or triple in the next few years, so if you factor in leverage, you’ll get at least a tenfold return.

“SS Ventures has invested in a total of 35 companies.”

SS Ventures invested 20 billion won in cryptocurrency-related startups such as Bit Korea, Bitwon, Coinzero, and Dougru, and 300 billion won invested in early stage companies such as Market Cullinan, Bobby Republic, and Carat. .

And while Eugene was in the United States, Hwan Kim and his team invested 50 billion won in additionally invested in startups with high potential for success.

“In terms of assets under management, it is the number one venture capital firm in Korea, and it is unquestionably the number one in terms of investment amount. We have never invested in so many companies in just a few months.”

The assets under management of Prime Venture Capital, which was Korea’s No. 1 before SS Venture, did not exceed KRW 500 billion.

This included investment in general companies, not startups, and investment in venture companies was less than 300 billion won.

“If the companies you are investing in receive additional investment requests, try to attract as much investment as possible.”

“yes. All of them have clear prospects and the management skills are outstanding, so I think we can continue our investment.”

The 20 companies selected by Eugene are all recognized for their value of more than 1 trillion won within 6 or 7 years.

At that time, the stakes in these companies owned by Shooting Star alone will amount to the size of a large conglomerate.

For a while, the two talked about the operation of Shooting Star.

“Shall we eat now?”

“Is that so? It’s already past lunch time. But what would Miss Joanna like? Have you ever tried Korean food?”

While Hwan Kim was having a conversation with Eugene, I asked Joanna, who was sitting next to her.

“I’ve eaten Korean food a few times. It was very healthy food.”

When the first question was asked in English, Joanna answered with a smile.

“There are quite a few Korean restaurants in Manhattan, right?”

“uh. But I didn’t really want to go there.”

Life in New York is similar to life in Korea, and Eugene is no longer obsessed with Korean food.

It was satisfying enough to eat it like a special meal once a season.

Until last time, I often went to a Korean restaurant for my younger brother who was not yet used to it, but recently, when I miss Korean food, Yoosung has come alone.

“Then, shall we make authentic hometown food after a long time?”

Kim Hwan got up from his seat and said.

“It’s hometown food… … I ate a lot yesterday.”

When I went home after a long time, my mother prepared food that made my upper legs bent.

“But shouldn’t we still treat Joanna with proper Korean food?”

It seems that Kim Hwan and Joanna are quite concerned.

Eugene introduced Joanna as an intern, but Kim Hwan did not believe it at all.

“okay. Let’s go eat Korean food.”

“Even if you don’t, I’ve made a reservation, so it’ll be perfect if you go now.”

The place where Kim Hwan took Eugene and Joanna was a Korean restaurant in Sinsa-dong.

“Uncooked crab?”

When Joanna saw the raw crab in the black sauce, she opened her eyes and tried to touch the crab with her fingertips.

“It’s fine here.”

Eugene liked Kim Hwan’s choice.

Come to think of it, it’s been a long time since I’ve been here. It’s probably been 30 years.

“If you can’t get your hands on it, you can eat something else. Fried is good too.”

I said to Joanna, who was staring at the crab with a look of curiosity and fear.

“no. I will try one.”

Joanna carefully picked up the crabmeat in her hand.

Then, as Eugene does, lightly press the crab’s body to scoop out some meat with a fork and put it in her mouth.

“Well… … .”

When the crab meat first entered his mouth, he had a very embarrassed face, but his expression quickly changed.

“It’s delicious. Slightly salty and very creamy. I can’t believe it’s raw crab meat.”

“Yes? More foreign people like gejang than I thought.”

“right. When guests come from abroad, they sometimes bring them here.”

“I learned it from my seniors. huh.”

Soy sauce crab was quite effective as a hospitality for foreign guests.

Of course, if you are afraid of foreign food, you can take it to a Western restaurant, but for those who want a new experience, there is nothing like crabjang.

At first, it was very hesitant to put it in their mouth, but after entering and tasting it, everyone indulged in the taste without hesitation.

“It tastes just like quality butter mixed in.”

So was Joanna.

“Because there is something in common between the fermented flavor of soy sauce and the flavor of fermented butter.”

“I mean, that’s really unfortunate. The fact that the taste of raw crab can be so luxurious. I never thought of food like this.”

At some point, Joanna was digging into crabmeat.

“It is better to eat with rice than to eat crab alone.”

Kim Hwan showed me how to eat crabjang by mixing it with rice.

“okay? uh? ah! It’s real!”

Joanna soon began to understand the delicacy of crab cakes.

“Aren’t you going to get salty if you eat like that?”

Kim Hwan said as he watched Yoanna eat more crabjang than expected.

“Dutch food is also very salty. So, you won’t be able to fit crabjang on a salty axis.”

Eugene, like Joanna, put plenty of crab meat on a spoon and ate it up.

“but. I guess so. When I go on a business trip to Europe, the salty taste is really hard.”

“The Netherlands is a bit more serious. It must have been because I ate a lot of salted food.”

“ah! Did I mention that Joanna is from Holland? I guess all Dutch women are beautiful.”

Hwan Kim started the conversation in Korean again.

“Not all will. Joanna must be quite a beauty in the Netherlands.”

“But are you really just an intern?”

“why? You don’t think so?”

“I was wondering if there was something dark in my heart. haha.”

“No such thing.”

And if there’s such a thing, it’s a big deal… … I wanted to add that.

“Senior’s notoriety seems to be skyrocketing.”

This is what Kim Hwan really wanted to say.

He seems to want to talk about what happened to Eugene the day before when he returned home.

“I saw it too. There was no one else to kill.”

Eugene laughed and said.

The happenings at the airport the day before were immediately reported and covered the gates of each portal.

In addition to news, the top search terms for each portal are all related to Eugene.

“Right now, the senior is the hottest person in this country.”

I did just that. It is a well-known fact that one year ago, he won the lottery in the United States, and the money was multiplied dozens of times again in one year.

The media pointed to Eugene as the person with the most cash assets in Korea.

It’s not wrong.

Traditionally, the ranking of the wealthy in Korea is based on the stocks they own, and almost no one owns more than 1 trillion won in cash.

Of course, the slush funds that the owners of large corporations are secretly running will exceed that level, but there will never be anyone with cash equivalents worth 10 trillion won like Eugene before or after.

Even if the richest person in Korea gets married, it will be a big issue, but it is not such a warm issue, and there will be no story that appeals to people like the fact that she entered Korea with a new blonde haired lover during the breakup lawsuit.

“Do you have an exit strategy?”

Kim Hwan asked with a slight smile.

“Is this going to be a problem?”

“A little. Apparently, the image of a senior is almost like a serial killer right now, so if the conditions are similar, we will not accept investment from our side.”

Such was the concern of Hwan Kim.

Most of Shooting Star’s projects are investments in other companies. And compared to businesses already on track and cruising, startups rely heavily on their image.

“There is no urgent investment right now, so it doesn’t matter, but the companies we have invested in so far are the problem.”

If Eugene is demonized and goes up and down in the media every day as it is now, companies that have previously received investments from Shooting Stars will also be terrified.

“I’ll hold out for a while. Where can we find a place to invest that amount of money on our behalf right now?”

“Sure. But if you go long, it will be difficult.”

“It won’t be long. You just have to wait until the trial is over. Can you do it?”

Eugene said calmly.

“If that’s the case, then you have no choice but to survive.”

Hwan Kim answered with a smile again.

From Eugene’s attitude, I read that the current situation was only temporary, and I was confident that I could overcome it.

The reason Kim Hwan and other team members joined Eugene after leaving a large company was not simply because of the fact that Eugene made a lot of money.

It is possible because Eugene’s former colleagues had faith in Eugene.

After that, Hwan Kim did not discuss the matter with Eugene any more.

“It was a really good meal.”

Joanna, who ate three large crabs, enough for one person per person, and emptied three bowls of rice balls, said with a happy face.

“It looks like that. I have never seen Joanna so happy on her face.”

“ah! is that so? I’m really happy. At least today, I didn’t have to stress about investing, and I ate a lot of delicious food. I still want to learn Korean. For some reason, I didn’t feel like I was left out.”

“If you want, I’ll give you a Korean teacher. Can you make time?”

“Sure. Don’t you have to create time somehow to achieve what you want?”

It was time to talk and leave the restaurant.

A flash of light struck the group’s eyes.

“Mr. Kang Yu-jin. This is the Garden Daily.”

And someone’s voice was heard.

Looking ahead, there is another reporter standing there. This time, it wasn’t his intention, so Eugene frowned slightly without realizing it.

“ah!”

Startled, Joanna stumbled back and staggered, and Eugene quickly pulled her into her arms.

flash! flash!

The flash went off again.

Soon, John and his bodyguards, who were waiting, surrounded Eugene and the others.

“Mr. Eugene. Please tell us something about the lawsuit with the woman who broke your marriage.”

Eugene and the party left the reporter’s voice behind and left without saying anything with a stiff face.

“I hope there will be more reporters like that in the future.”

Kim Hwan said as if he was a little worried.

“I will.”

Eugene was slowly loosening her hardened face again.