Breaking Up Is Better Than Divorce

outsider

“It really just got loose.”

Joanna said with a puzzled face.

Daeyang group Ryu Seong-gyu left the police station only two days after being arrested by the police.

He insisted that the charges against him were nothing but innocence, and that he would do his best to prove his innocence, and that he would submit evidence to prove it through a lawyer.

“How can you not be arrested after being kidnapped for s*xual assault? Wasn’t Korea a developed country with very good security and a fair judicial system?”

“If it was America, do you think it would never have been so easy? What if I get a $5,000 lawyer for an hour?”

Eugene asked.

“uh? Well… … Ha, it seems to be the same everywhere. I don’t think this is it, though.”

“If you use an expensive lawyer in the United States, you can be released even if you commit murder, and that crimes related to chaebols in Korea are not severely punished.”

“Isn’t the boss even angry? What doesn’t that guy get punished for what he did to the boss?”

“Because I never thought I’d be able to trap him with that from the start.”

Eugene was not naive enough to believe that in this country the family of the owner of a large corporation could receive proper legal punishment.

“But he looks like he’s been kicked out of the Daeyang group now. I’ve had an accident like this, so I won’t be able to work in the ocean any more. It looks good.”

Unlike Joanna, Kim Hwan was not at all surprised by the current situation. That, too, was quite predictable.

“It is.”

Yoanna and Kim Hwan don’t know, but Eugene is well aware that Ryu Seong-gyu is in a very unstable position in the family.

“But he’s just a tail.”

The real head is the president of Daeyang Heavy Industries and the chairman above him.

So, dropping one Ryu Seong-gyu into the abyss does not mean the end of everything.

“The stock prices of Daeyang Group affiliates have risen quite a bit. It fell about 5% in the afternoon of the same day and recovered in two days, and now it is definitely on an upward trend. In particular, Daeyang Heavy Industries has already risen by 15%. People seem to think we’re going to do something to take away the Ocean Group.”

The stock market is an unpredictable beast.

Even though he has committed such a big event, money is coming in.

It seems that the richest man in Korea who has a grudge against the Daeyang Group will even buy it to get his hands on the Daeyang Group.

“Even though I know that common sense doesn’t make it possible.”

What. The fact is that it doesn’t matter that much. It is only an excuse for the stock price to go up and down.

“right. What’s the point in buying stocks with my money just because there’s a grudge against the Daeyang Group? That’s why you’re just paying a high price for them. Moreover, it is not the Daeyang Group that I have a grudge against, but only the chairman’s family.”

Stocks are always like that.

They make predictions that are not true and make investments thinking they are good news.

“If I had known this would happen, I would have bought Daeyang Heavy Industries shares too. Heh, of course, if that was the case, stock price manipulation would have been a pain in the ass.”

“right. Now is the time to be careful.”

The Securities and Exchange Commission (SEC) of the United States monitors and punishes insider transactions of businessmen and financial institutions to protect investors’ interests, but the Korean Financial Supervisory Service exists to indemnify large corporations and securities companies.

On the other hand, in the case of Eugene, who is still only an outsider, if even the smallest pod is caught, he will torment him until the end.

Therefore, for the time being, we have decided not to take any action on the stocks of Daeyang Group affiliates.

If Eugene’s actions affect the stock price of Daeyang Group affiliates, and if there is even a small profit from it, it was obvious that he would take immediate action.

“SS Ventures has made investments in starting companies worth 400 billion won so far, and has confirmed a new investment of 1 trillion won in more than 50 companies. This is several times more than the amount of investment made by any venture capital in the country so far.”

That weekend, COO Oh Jin-seong called reporters and held a press conference.

“SS Ventures is investing not only in IT companies, but also in various domestic and foreign companies with competitive but not conspicuous technology. This is because we do not want small and medium-sized enterprises (SMEs) that are shaken by subcontracting of large corporations even if they possess excellent technology like Sungjin Precision.”

Jinsung Oh continued his speech with the introduction of the investment direction of SS Ventures.

“Primarily, we invested 100 billion won in about 10 small and medium-sized companies in Korea, and we plan to transfer advanced German machine industry know-how to domestic companies by acquiring Germany’s Fückler Zimmermann precision machine development.”

First, it overcame the baseline with the amount of investment, and then announced support plans for domestic technology companies, which are dominated by large corporations.

“If there are any small business owners like Sungjin Precision who are having difficulties in disputes with large companies, please contact us. If the situation is really unfair, we will do our best to provide legal and financial support.”

Journalists’ hands became increasingly busy.

“In the future, in the economic structure of Korea’s industry in which simple subcontracting is consistently made in the order of 1st and 2nd vendors from large companies, various small but strong companies with independent technological competitiveness are not tied to large companies and have a global influence. It will have to change into a structure that can lead as hidden champions. SS Ventures plans to transfuse funds of at least 10 trillion won to these technology companies over the next 10 years. This will create 300,000 new jobs per year.”

Oh Jin-seong, COO, continued the interview, mixing up a lot of words that reporters would like.

The problem of youth unemployment is intensifying, and the government is also strengthening support for small and medium-sized enterprises (SMEs).

There was no one who said they didn’t like the huge amount of support for technology-oriented small and medium-sized enterprises (SMEs).

Reporters diligently transcribed the interview of COO Oh Jin-seong.

Occasionally some questions were asked, but most of them were already agreed upon in advance.

“I heard that SS Partners is buying large buildings in Gangnam at random. I know that the amount invested in real estate is much higher than that in venture companies. After all, isn’t it the same as speculating on real estate with money from overseas?”

However, not all reporters who came to the conference room were favorable.

“The purchase of a building in Gangnam is not for investment, but for new business. SS Ventures plans to confirm investment in at least hundreds of venture companies within three years. It includes not only simple capital investment, but also support for the problems each start-up company struggles with. High office costs are one of the most difficult problems for these start-ups.”

“Then is the real estate purchase to provide offices to companies invested by SS Ventures?”

“Of course there are. And we, SS Ventures, are planning to start a business that provides inexpensive and convenient work space to many start-up companies that have not yet invested.”

Oh Jin-seong answered the rather sudden question without any hesitation.

“To rent an office for 5 or 6 people in Gangnam, you need at least several million won a month. For a company that is just starting out, the cost of tens of millions of won a year is a huge burden. However, realistically, starting a business in a place other than Seoul or Gangnam has many disadvantages. SS Partners’ new business will provide these start-up companies with the opportunity to start a business in a luxurious building in the Gangnam area at a significantly lower cost than individual office rentals.”

The press conference naturally became a time to promote the new business.

Actually, I didn’t buy the building for that purpose.

Eugene is well aware that the buildings in Gangnam will rise to the ceiling from now on. There’s plenty of spare money, so there’s no reason not to buy it.

But everything needed a cause, and there was a business that suited him.

WeWork, a world-class coworking space provider, has not yet entered Korea.

Therefore, there was no reason to criticize the aspirations of starting this new concept of business and helping venture companies that would contribute to the Korean economy.

Just like that, while COO Jin-seong Oh was holding the press conference, Eugene was going to New York again.

Now that I’ve got my work done in Korea, it’s time to go back to collecting money. For Eugene, work in New York is still the main thing, and Korea is inevitably pushed out of the priorities.

“It was a good deal.”

A few days after returning to Manhattan, he had a meeting with Trump and signed a contract to purchase a hotel in Monte Carlo.

Eugene will invest $180 million in the $200 million hotel, and Trump Organization will invest $20 million.

Of course, both sides will borrow most of the funds from the bank.

Additionally, they agreed to pay an annual fee of $1.5 million to Trump Organization in exchange for the use of the Trump name in hotels.

It’s not surprising that Trump’s investment is small.

After going bankrupt four times in the ’90s, Trump has realized that it’s far more profitable to borrow a name and pay for a license than to buy real estate and run a business with his own money.

And in order to increase the value of the name, which will be his greatest asset, he has appeared on TV shows and conducted various travels.

Trump’s rhetoric wasn’t because he was really crazy, it was just a way to get people to know him strongly through his actions.

Giving Trump’s name to a fancy hotel in Monte Carlo isn’t very welcome, but it doesn’t matter. I’m only going to use that name for a few years.

And the money that went into the hotel is close to a penny compared to Eugene’s assets.

It is not bad to use it as a villa without any intention of operating it.

“They said they were running at the top of the Republican primary. Congratulations.”

“What. It’s natural.”

As he said that, Trump smiled happily.

“Yes. It’s natural. There is no one who has the same level of recognition and ripple effect as Mr. Trump, not only Republicans but also Democrats. Personally, I believe Mr. Trump will take over the White House with ease.”

“Well, a lot of people expect me to run for the Republican nomination, but the president says it’s unreasonable.”

Trump said with a smirk on his face.

“They are stupid people. In the end, Mr Trump will win.”

“It’s the first time outside of my family that anyone has said that. For what reason do you think so?”

“Because Americans are tired of playing correctness right now. What does justice or world peace have to do with my life? I would hate to vote for a woman who emphasizes such waste that doesn’t do anything to my life.”

“haha. Do you really think so? right. That’s not what people want. I need someone to understand my life. That doesn’t mean that no one believes I’m going to win.”

Trump knew well that Eugene was doing him a great favor.

And I wondered why they would bet with an improbable bet.

“I don’t know anything else, but I am confident in betting. Over the past year, we have made about 10 large and small investments, and have never failed.”

“I heard it too. Have you made hundreds of times profits in a year?”

“I will prove again that my eyes must be right. Through Mr Trump. If possible, I would like to donate money to Mr. Trump’s election, but unfortunately I can’t because I don’t have citizenship.”

“It’s a really sad story.”

Trump has lost his appetite. The help of Eugene, who is now famous for money on Wall Street, is sure to be of great help.

Trump has vowed to use his own money for the presidential election, but with billions of dollars in the campaign’s budget, it’s no easy task to hold an election without large donations.

“But even if I don’t help, Mr Trump won’t have any major problems. Rather, it is after that.”

“A problem?”

“Sure. There are a lot of questions about whether the current Trump organization will be profitable after being elected president.”

Trump’s reason for running for president was that he would first become president, and then profit from it.

“Mr. Trump is an outsider in Washington. So, you will be subject to considerable envy and surveillance during your presidency.”

“I will.”

Trump looked displeased.