v3 Chapter 757： Hunting target-pharmaceutical giant

San Francisco, also known as "San Francisco" and "San Francisco", is a port city on the Pacific coast of California, USA. It is a world-famous tourist attraction and the fourth most populous city in California.

Xia Yu's Polaris capital is based in the southern part of the San Francisco Bay Area.

The San Francisco Bay Area is located around the San Francisco Bay at the estuary of the Sacramento River. There are nine counties and 101 towns. The main cities include San Francisco on the San Francisco Peninsula, Oakland in the east, and San Francisco in the south. Silicon Valley is located on the San Francisco Bay. South of the district.

The existing high-tech companies in Silicon Valley and the ones that will appear in the future are Xia Yu’s hunting goals. It would be great to set up the company here!

New companies generally keep things simple.

But Xia Yu is not bad at all, and it is very cost-effective to buy a property in the San Francisco Bay Area. Therefore, Polaris Capital owns an office building of its own. The building is 30 stories high. Two stories are temporarily opened, and the remaining 28 stories continue to be leased. .

All of this was done by Peter Lynch, a subordinate sent by Xia Yu when he was in New York.

In New York, through Ray Dario and Julian Robertson to list Wall Street's financial elites, Xia Yu combined with past life memories to dig out Peter Lynch from Fidelity Fund Management.

This middle-aged Sven, who was born in 1944 and was only 36 years old at this time, is a manager of a fund called Magellan Fund of Fidelity Fund Management Company. He has just been in office for more than two years and is not the ten most famous investment masters in the world. One of the great people can only be regarded as a small celebrity in Wall Street where predators gather and are full of elites.

In his previous life, Peter Lynch was a well-known Wall Street master. He has been in charge of the Magellan Fund for 13 years since 1977. From the initial 20 million US dollars to 14 billion US dollars, he became the global asset management amount at that time. The largest fund, and its investment efficiency ranks first, with an average compound interest rate of 29% in 13 years.

It is a pity that in his previous life in 1990, Peter Lynch resolutely chose to retire at his peak and devoted himself to education.

For such a person who does not value money, Xia Yu really took a lot of thought in order to dig him. Fortunately, he has the memory of his previous life. He knew very well about Peter Lynch, and only talked about him three times at night. Dig it.

After digging, he sent Peter Lynch to San Francisco first to build Polaris Capital Management Company.

Because Peter Lynch has only been here for less than ten days, and it took some time to purchase the building, he has not had time to fill the company.

When Xia Yu followed the address and came to the company, the office area was still very empty. Apart from the neatly arranged desks, there were not many people.

When seeing Xia Yu's arrival, a white young man took the initiative to ask about the situation: "Hello, is there anything I can serve you?"

Xia Yu looked at him with a smile, and did not reveal his identity, but asked: "Hello, where is Manager Peter Lynch? I spoke with him before coming."

The white young man was taken aback, and then said: "The manager is interviewing applicants upstairs, please follow me!"

"Okay thank you!"

Soon, Xia Yu followed the white youth to the upper floor.

The upstairs is not as large as the downstairs, but is divided into rooms. Along the corridor, Xia Yu passed by a large conference room and saw a group of applicants in suits sitting quietly, but the interview place Diagonally across, a beautiful blonde white woman was waiting in front of the door.

The white young man walked over and said a few words to the blonde white beauty. The blonde beauty looked embarrassed. At this moment, the person next to him opened up and walked out a young man who was applying.

The young man was shocked when he saw a crowd of people standing outside, but Xia Yu didn't even bother to care about him.

Not long after the blonde beauty entered, Peter Lynch, wearing square glasses, walked out quickly. After seeing Xia Yu, he bowed slightly and said, "Boss, you are here. I'm sorry to keep you waiting."

The white youth and the blonde beauty were surprised, and immediately greeted Xia Yu.

After Xia Yu responded one by one, he asked Peter Lynch: "Why do you need to interview in person, the manager of the personnel department?"

Peter Lynch said: "I haven't hired a qualified personnel manager yet, so I can only interview myself."

Xia Yu nodded slightly, thought for a while and said, "Next, I will tell you about an interview."

"Okay!" Peter Lynch replied.

After that, Xia Yu asked Li Wuming and others who followed him to wait there, while he and Peter Lynch returned to the house. The blonde beauty immediately went to inform the next applicant.

During the interview throughout the morning, Xia Yu spent most of the time watching quietly, and he hardly expressed any opinions. It was Peter Lynch who was the master. Xia Yu’s approach made the latter in addition to the initial pressure. It feels baffling behind.

In fact, Xia Yu is observing the level of candidates.

There are many universities around San Francisco, including Stanford University, University of California, Berkeley, University of California, San Francisco, University of San Francisco, University of Santa Clara, etc. There are no shortcomings in talent training, so applicants have a certain level, but you have to say If it is very high, there is nothing.

After all, Polaris Capital is just a new company, which is not very attractive to senior talent.

According to this kind of progress, it is undoubtedly more difficult to build a team that satisfies him.

But now it has entered March of 1980. Considering his hunting goal, time has become tight, and he must now establish the company as quickly as possible!

At lunch, Xia Yu told Peter Lynch to stop applying for the job and let him go to Los Angeles first.

Early the next morning, Xia Yu brought Peter Lynch and others to the headquarters of Korn Ferry International in Los Angeles. This is not only the global headquarters, but also the first office in North America.

Xia Yu was lucky. When he arrived, the chairman and chief executive officer, Richard Ferry, the largest shareholder, and Lester Cohen, the second largest shareholder, were all in the company.

Last year when Lester Cohen came to Asia to explore the market, he had been to Xiangjiang and met Xia Yu a few times, so he recognized Xia Yu.

After a warm greeting, Xia Yu began to learn more about Korn Ferry International, and found an opportunity in a small chat.

Before that, he spent 25 million U.S. dollars to buy 25% of the shares of Korn Ferry International from the OTC market.

The equity was sold by Lester Cohen for US$4 million in 1972, so Xia Yu took over from other institutions. Naturally, the US$25 million would not enter the company's account.

In the past year, in order to cope with competition from other rivals, Korn Ferry International, which was established the latest, had to expand aggressively. It opened 38 offices around the world at one go. The expenses were very large and the company's funds were tight.

Coupled with the severe domestic inflation at this time, it has affected all walks of life and also affected the business of Korn Ferry.

As a result, the company is in a dilemma. Richard Ferry and Lester Cohen are struggling over the next two years as to whether to suspend the expansion and get through the difficult period first.

However, Korn Ferry International was originally established at the latest. Since its establishment, it has been the most radical and the biggest step forward in order to catch up with other peers.

In the current market environment, Richard Ferry considers that not only Korn Ferry will be uncomfortable, but other peers are equally uncomfortable, so he believes that this is a good opportunity to catch up and want to take the opportunity to fill the gap.

However, Lester Cohen considered that the funds were not enough and the actual conditions did not allow Korn Ferry to expand in a big way, thinking that the risk was too great.

Knowing this situation, Xia Yu found two people and proposed that he had enough capital to inject capital into Korn Ferry International.

Richard Ferry and Lester Cohen did not agree at first, but two days later, Richard Ferry, who holds 49% of the shares, convinced Lester Cohen~www.novelhall. com~ agreed to Xia Yu's capital injection and share expansion.

Considering that the long-term stable relationship is the most powerful for him, Xia Yu was not too harsh during the negotiation and gave the company a high valuation of US$130 million.

At about this time last year, when Xia Yu was at a premium, Korn Ferry’s valuation was only US$100 million, and now it has risen by at least 30% a year, which is definitely not less.

Xia Yu invested 20 million US dollars to enter the company again, and once again obtained a 13.33% equity ratio. With the original equity holdings, his shareholding ratio increased to 38.33%. It is the second largest shareholder of the company.

Richard Ferry's shareholding dropped to 40.29% and remains the largest shareholder.

Originally the second largest shareholder, Lester Cohen's shareholding ratio fell to 21.38%, swapping positions with Xia Yu and becoming a third shareholder.

As soon as the contract was signed, Xia Yu immediately credited 20 million US dollars to Korn Ferry International.

With huge amounts of money in hand, Richard Ferry is in a good mood and can continue to expand the company.

And Xia Yu also took out a list of positions he asked Peter Lynch to list and handed it to Richard Ferry, asking him to do his best to recruit talents as quickly as possible.

The face of the second largest shareholder and major financial owner is indeed great enough. Richard Ferry immediately convened a large number of senior consultants from the company. After brainstorming, suitable people were recommended, and then they began to target people.

Xia Yu and Peter Lynch are in charge of the check.

In this case, the talents of Polaris Capital are filled at a high speed.

Xia Yu took the time to decide the first hunting target.

This goal is the next generation of biopharmaceutical giants with a market value of over 100 billion US dollars!

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