Chapter 21 Recruiting Soldiers
After coming out of the TV station, Song Yang and Greg rushed to the bank where they had an appointment.
It was at the bank that Song Yang first experienced the benefits of being famous. The bank is the most realistic place. As long as you have money, you can get all kinds of extraordinary treatment that are unimaginable to the outside world.
Song Yang and Greg first tentatively arrived at the Morgan Bank, the largest bank in Houston.
As for Morgan Bank, even though it still had some doubts about the value of DoubleClick Advertising's mortgaged assets, it still sent a senior manager to receive Song Yang and gave him high-level VIP treatment.
However, although Morgan Bank was willing to lend money to DoubleClick Advertising Company, the amount was not high. They were only willing to lend the company less than US$800,000, and they had to mortgage nearly half of the company's equity. The interest rate was also a bit high. Morgan Bank obviously still had some doubts about investing in the Internet industry.
Afterwards, Song Yang visited Western Union Bank, First Federal Bank, First Empire Bank, and several local banks in Texas, including Bank of America. Compared with Morgan Bank, these banks had a much better attitude towards DoubleClick Advertising Company, especially Bank of America.
After coming out of several other banks, Song Yang and Greg came to the Bank of America. As soon as they entered, they met a middle-aged man in his forties who was already waiting in the bank lobby.
When he saw Song Yang and the other man, the middle-aged man's eyes lit up and he immediately led people to greet them, "Welcome Houston's technological heroes to Comerica Bank!"
The middle-aged man came to Song Yang and said to him, "I just saw a wonderful interview on TV. I have seen a new technology star in Houston rising from the Space City!"
"Chris Jain, you can call me Jain, the credit manager of Comerica Bank of Houston!" Jain handed two business cards to Song Yang and Greg respectively. Compared with other banks, Jain was much more enthusiastic. He started to flatter them, which was even louder than what Song Yang boasted on TV.
"Thank you!"
After arriving at the conference room, Song Yang took the coffee brought by Jia En's pretty female assistant and said to Jia En.
After Song Yang and Greg exchanged a glance, Greg spoke first on behalf of DoubleClick Advertising Company, "Manager Jian, DoubleClick Advertising Company needs to apply for a loan from Comerica Bank!"
Jain clapped his hands a few times, "Bank of America is also willing to cooperate with DoubleClick Advertising, a 'potential' company like this!"
Song Yang and Greg looked at each other. It could be said that among all the banks they met today, Jain had the best attitude towards DoubleClick Advertising Company.
But there must be something wrong when things are abnormal. It seems that Jain's enthusiasm is a bit too much. A bank is not a place for charity. Instead, Greg felt uneasy and signaled Song Yang with his eyes not to speak carelessly.
"Bank of America, how much funding are you willing to provide to DoubleClick Advertising?" Greg asked Jain.
Jain didn't look at Greg, but at Song Yang, "One million dollars!"
"Two million!" Song Yang said at this time.
Upon hearing this, Jain couldn't help but shook his head and laughed a few times, "You can listen to my conditions first. I think Comerica Bank, Houston Credit Department, is the most friendly bank in this area for DoubleClick Advertising Company!"
"One million and five hundred thousand in credit funds, two months of interest-free period, and you only need to mortgage 20% of the shares of DoubleClick Advertising Company!" Jia En said to Song Yang.
Are such conditions harsh? To be honest, they are already very generous. Why didn't Internet and technology companies borrow money from banks in their early stages? It's not that they didn't want to borrow, but that banks were simply unwilling to give money because the risk was too great.
DoubleClick Advertising Company is now riding on the boom of digital advertising and the support of Netscape, so banks are willing to tentatively throw some money to the company. But in fact, after throwing the money out, they never think of taking it back. After all, countless new companies emerge in America every day. How many of these companies can survive to the second year?
Therefore, the conditions proposed by Jain are already very generous compared to those offered by JPMorgan Chase and other banks.
"What does Manager Jan want?" Born in America, the thing Greg least believed in was that pie would fall from the sky.
Jia En laughed and then pointed directly at Song Yang!
"The funds can be lent to DoubleClick Advertising Company. As long as I am still in the Houston Credit Department of Co-America Bank, Co-America will be able to cooperate with DoubleClick Advertising Company in the future!"
Jia En looked at Song Yang and said, "But I hope that Song, you can become my client in the future. Of course, the capital turnover between DoubleClick Advertising Company and other partner companies can also be done in my bank."
Song Yang heard the hidden meaning of Jiann, which was to make Song Yang become "his" client, not Co-America Bank!
In other words, what Jiaen invested in this time was Song Yang himself. He bet that Song Yang would be able to grow in the future. Not to mention becoming a billionaire like Bill Gates, as long as he became a person worth tens of millions, it would be a huge boost to Jiaen's career.
Even further, if Song Yang can break through the ceiling and reach the billionaire level, then with such a supporter, Jain may even be transferred back to the headquarters of Bank of America.
America gathers more than half of the world's wealthy people, but there are only a few billionaires. Every billionaire has a huge influence. Getting the support of such people is enough to accomplish many things.
Greg really didn't expect that Jaen actually wanted to invest in Song Yang. Although he was abusing his power for personal gain, his willingness to take a risk on Song Yang was enough to show how much he valued Song Yang.
Song Yang saw Greg nod, and then he also spoke to Jia En, "Of course, no problem, I am willing to cooperate with Manager Jia En, and Double Click Advertising Company's capital turnover can also be done through Manager Jia En's bank, but as for partners, Double Click Advertising Company is really powerless!"
Whether it is the current Netscape or the future Yahoo, there are a large group of forces behind them. Song Yang does not have the ability to force Netscape and Yahoo to put their money in the bank where Jain is.
After thinking about it, Jian realized that it was really too much to ask Song Yang to interfere in the finances of Netscape, a company valued at over 10 billion US dollars.
"Happy cooperation!" Jia En stretched out his hand and said to Song Yang.
After Song Yang and Greg left, the female secretary who delivered the coffee immediately stuck to Jiann, and the pair of adults and children became entangled with each other.
"Are you really optimistic about Song?" The female secretary lit a cigarette, took a puff, and then handed it to Jia En. She had never seen Jia En, the credit manager, think so highly of anyone.
No matter which bank it is, the credit department is a lucrative job. It is the credit department that decides who to give money to, who not to give money to, how much to give, and when to collect the money. Jain is not a good person. There are more than one or two small companies and those who borrowed money because of him.
Glancing at the female assistant in front of him, Jia En said, "Silicon Valley and Wall Street are now touting the Internet industry. Maybe there will really be several multi-millionaires and billionaires in this industry. And right now, it seems that De Song has a much better chance than others!"
Jain is just gambling. If he loses, it doesn't matter. But if he wins, he can make much more than Bank of America. In this case, of course he has to gamble.
After receiving the money, Song Yang and Greg both breathed a sigh of relief, especially Song Yang, who had been on edge all the time and finally felt like he could take a breath.
Greg bought some drinks and came to the garage with Song Yang. When he saw the garage, Greg was filled with emotion for a moment.
Looking back at Song Yang, Greg, his cheap uncle, was silent for a moment. In just a few days, Greg felt that his and Song Yang's identities had undergone subtle changes.
Whether in the law firm or in the bank, Gleick's situation has changed because of the emergence of DoubleClick Advertising Company.
Greg's mentality towards Song Yang is still changing. In addition to the kinship maintained by blood, there are also some special things. In the past, Greg had more of the mentality of an elder towards Song Yang, but now, Greg unconsciously began to consider Song Yang's attitude.
Song Yang didn't think too much about it. He looked up and saw Greg standing there in a daze. He pulled him to sit on the recliner and opened a bottle of wine for him.
Song Yang clinked the bottle of wine in his hand with Greg's, "Uncle Greg, we still need your help with DoubleClick Advertising Company!"
Greg came back to his senses and took a sip of wine. Although his life was a bit busy now, it was more enjoyable for Greg than the monotonous days before.
"What are you going to do? America's funds can't sustain DoubleClick Advertising Company for long!"
Greg asked Song Yang, Double Click Advertising Company will definitely have to recruit people, rent offices, and hire staff. Especially since it has boasted to Netscape, Double Click Advertising Company must work hard to attract advertisers, and all of these require a lot of money. As for when Double Click Advertising Company will be able to make a profit, no one can tell.
Song Yang lay in the chair, looking at the simple garage. He would probably have to move out of here in a few days.
"Double Click Advertising Company definitely needs investment, but we need to find the most suitable sponsor!"
Song Yang had rejected many investment calls before, but this did not mean that Song Yang was not planning to raise funds. Instead, he wanted to find a big sponsor who was most suitable for Double Click Advertising Company.
Greg wanted to say something else, but when he turned around, he saw that Song Yang had fallen asleep. Greg shook his head, stood up and started to deal with things.
The interview Song Yang gave in Houston was reprinted and broadcast by CBS, which later caused some waves in the core industry, especially for the names Song Yang mentioned in the interview.
"I like Song very much. He is a true genius. He has opened the curtain for a new generation of the Internet!" Tristan, who was praised by Song Yang in the interview, turned around and returned the favor by praising Song Yang.
