After the Divorce, I Found a Thousand Bitcoins - Chapter 83
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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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I Got Divorced and Found a Thousand Bitcoins Episode 083
The reason he brought them to Nereid wasn’t simple goodwill.
He brought them because he wanted to get his hands on their technology.
‘I’m a businessman. Not a volunteer.’
Kang Hyeon called himself a businessman.
Finding overlooked items scattered throughout the world and selling them at higher prices.
That was the essence of being a businessman.
In that regard, it was the same role he played.
‘Both of them know that.’
They were adults too.
They weren’t naive.
The reason they followed him here was also to fill in the gaps in their technology.
Why?
Because ultimately, completing the technology would earn them big money.
From the moment they first met, they had been faithful to their desires.
The primal desire to make big money.
Kang Hyeon was the same.
Though he already had a lot of money, capital had its own magic.
Once you have it, you inevitably want to have more.
‘I need to call out a fair price.’
Kang Hyeon pondered for a moment before opening his mouth.
“I’d like to acquire the company you two are operating.”
It wasn’t a simple technology transfer.
He wanted to acquire the company.
The reason was simple.
‘It’s more convenient to keep that technology internal and control it rather than having it outside. Most importantly, I can avoid America’s complex laws.’
The United States has clear rights regarding technology.
That’s why even large corporations try to acquire places that developed technology by paying astronomical amounts, rather than just taking the technology.
This was also why unicorn companies frequently appeared in America, unlike in South Korea.
Lea, who heard Kang Hyeon’s proposal, responded.
“Could we hear the price you have in mind?”
“Twenty million dollars in cash.”
Twenty million dollars.
It wasn’t a bad amount.
But if they split it between the two and paid taxes, what remained would be at most around five million dollars.
Lea shook her head.
“I’m sorry, but that amount would be difficult. This technology contains everything from both of us. Plus we have to pay back existing investments. With that amount, there’d be nothing left.”
“There seems to be some misunderstanding.”
“Pardon?”
“Since we’re acquiring the company, Nereid will handle the existing investments. And the twenty million dollars will be paid to each of you.”
Twenty million dollars would be paid to each of them.
In other words, the total acquisition amount would be forty million dollars plus alpha.
Lea’s gaze turned to Sophia.
Sophia was also looking at Lea at that moment.
‘Are you satisfied?’
‘Yes! I’m satisfied!’
Though they didn’t speak, they exchanged opinions through their eyes.
This amount was sufficient.
But Kang Hyeon’s conditions weren’t finished.
“However, this amount requires you both to agree to join Nereid and continue working.”
Joining Nereid.
Kang Hyeon valued their technology highly, but he valued the two people who created that technology even more.
‘If these two people harmonize with Nathan, they can create even more incredible inventions.’
He was curious what kind of results these three people would produce together.
And this condition was something the two wanted as well.
‘We were originally going to propose this ourselves.’
‘We can work with that genius Nathan? Of course we should accept!’
There was no disagreement.
Sufficient money and sufficient conditions combined.
“Yes! We’ll accept those conditions!”
They verbally agreed to sign the contract without hesitation.
* * *
Once the two gave their permission, Kang Hyeon had a meeting with Nereid’s new CEO.
“Hamilton, it’s been a while.”
“It’s been a while, Chairman. I was surprised that you came suddenly without any contact.”
“I discovered good technology in Dubai. So I had to come urgently.”
“I heard from Nathan. A server that doesn’t use rare earth elements? Was such a thing really developed?”
“Yes. It was just an incomplete product. To complete that item, we needed the immersion cooling technology we possess.”
“Oh, then this story will move quickly. It would be good to merge with that company and absorb the technology.”
As expected.
Hamilton was also an exceptionally smart person.
To immediately think of what would benefit the company most.
“That’s what I did.”
“You already finished it? Then there’s no reason for me to be CEO.”
“What I can do is only at the negotiation level. Hamilton needs to handle the finishing.”
Kang Hyeon placed documents on the table.
“These are the contents I discussed with them. You can finalize the contract based on this.”
“The amount is a bit high, but the complete technology transfer and their employment is excellent.”
“The acquisition amount might be high for now, but it will be quickly recovered once we introduce the new servers to India’s data center.”
“Are you thinking of introducing them to India?”
“Yes. The hot weather has been a problem until now, but considering the new server’s cooling technology, it won’t be a big problem for us.”
There were many factors considered when building data centers.
One of them was climate conditions.
If the surroundings were hot, the center’s interior temperature would also rise, requiring more electricity consumption to lower the overall temperature.
Naturally, as maintenance costs increased, the profit structure would worsen.
But if you immerse the entire circuit board in liquid, the story changes.
Rather, there are many ways to use the hot weather in reverse, making India a good environment as well.
“Plus, we need to maintain a good cooperative relationship with the Indian Government, so building a center there would be a good choice.”
“I see. Understood. Then I’ll handle the acquisition contract for Post Rare.”
“Thank you. And since the two will be working here, please help them well.”
“Haha, understood.”
Leaving the rest to Hamilton, Kang Hyeon left the United States.
Because there were still things he had to do.
The place he headed to was India.
* * *
India.
Kang Hyeon requested a meeting with the Prime Minister and was able to meet quickly.
“Oh! Representative Choi, did you have a good trip?”
A smile naturally formed at the sight of Lao Sing Prime Minister greeting him very warmly.
Certainly, knowing high-ranking government officials was an extremely convenient thing.
“Yes. Thanks to your help, I was able to travel comfortably.”
“Haha! So, was it worth going all the way to Dubai?”
“I finished my discussion with Chairman Lee Jae-seong successfully.”
When Chairman Lee Jae-seong’s name was mentioned, Prime Minister Lao Sing’s eyes lit up.
Since he had gone all the way to Dubai, he seemed to think some results had been achieved.
Results, of course there were.
But there was something more important before that.
“I’ll speak directly to the point.”
“Good. I don’t want to beat around the bush either. What does Chairman Lee Jae-seong want?”
“He wanted your promise to be documented rather than just verbal.”
“Documentation…”
“And he wanted you to keep the promise even if the administration changes.”
“How rude!”
Prime Minister Lao Sing’s secretary raised his voice.
Talking about a change in administration meant Prime Minister Lao Sing stepping down.
However, the Prime Minister raised his hand to stop his secretary’s words.
“No, he’s right. My power won’t last forever, but S Group has to continue working here.”
“Thank you for understanding.”
“Good. If S Group truly invests in India, I’ll document the maximum support I can provide.”
This was a very groundbreaking decision.
For a nation’s prime minister to document his promises.
It could appear as favoritism toward a specific company, which could become a weakness when he left office in future administrations.
However, Prime Minister Lao Sing truly believed that S Group was necessary for India.
Only then would India’s economy come alive, he judged.
Just as China and Vietnam had done.
“I’ll convey this matter to Chairman Lee Jae-seong. After that, I believe Chairman Lee will also take action.”
“Haha! You’re working hard being in the middle.”
“Not at all. Since you’ve granted many of my requests so far, this much is certainly my duty.”
“No. A businessman wouldn’t move for free. Is there something I can do for you?”
Prime Minister Lao Sing was someone who understood give and take precisely.
Since he brought it up first, Kang Hyeon raised the issue he had been preparing.
“Actually, the progress on the highway construction and nickel mine work is slow.”
“The progress is slow?”
“Yes. According to the field personnel, they’re having difficulties due to a culture called jugaad.”
“Jugaad…”
Prime Minister Lao Sing naturally knew about it too.
But this was a culture in India.
Even as prime minister, he couldn’t carelessly interfere with this.
There could be public backlash.
“I’ll try my best to resolve that issue. But it will be difficult to solve in the short term. As you know, removing a culture that has been ingrained over time isn’t easy.”
“I understand. But if this culture remains, it will become a factor hindering India’s development. Especially for companies from abroad, time is money. If they can’t adapt to a culture that wastes that time, it will be difficult.”
“Hmm…”
“China also had a culture called guanxi. But they were able to get ahead in the speed game because the central government gave privileges so that global companies could be free from it.”
“From what you’re saying, it seems you have some idea?”
Prime Minister Lao Sing took the bait.
Kang Hyeon shared what he had been thinking.
“I’d like you to designate a specific area in India as a Special Economic Zone where global companies can enter and freely conduct business.”
Special Economic Zone.
China’s Shenzhen, the Arab’s Jebel Ali, and South Korea’s Incheon Free Economic Zone were representative examples.
And India also had existing Special Economic Zones.
“How about using existing Special Economic Zones? GIFT City would seem most suitable?”
GIFT City was a representative Special Economic Zone currently operating in India.
But Kang Hyeon shook his head.
“If we use existing Special Economic Zones, we’d have to enter under already established laws. Most importantly, since GIFT City specializes in finance, it doesn’t suit us as we’ll be operating AI data centers.”
“Then do you have a region in mind?”
“Visakhapatnam, which connects to the highway currently being built by KH Construction, would seem most suitable.”
Visakhapatnam.
It was located right below Odisha State where the nickel mine was currently discovered, and was the most suitable region since it wouldn’t harm the existing route of the highway construction.
Most importantly, since the Indian Government had been making moves to turn this place into a Special Economic Zone, it wouldn’t be a big burden for the Prime Minister either.
Prime Minister Lao Sing, who had been lost in thought for a moment, opened his mouth.
“You want this place designated as an independent Special Economic Zone for S Group and KH?”
“If you do that, all the data centers we’re currently planning and the factories S Group will build in the future can come here.”
“Does Chairman Lee Jae-seong think the same?”
“Chairman Lee was already fed up with Vietnam.”
Special Economic Zones could legally include clauses that exempt taxes for several years in the future.
A situation where what Prime Minister Lao Sing had proposed as conditions would be legally established without needing separate documentation.
From S Group’s perspective, they had no choice but to raise both hands in agreement.
From Prime Minister Lao Sing’s perspective too, having Kang Hyeon, the representative of KH who had already become closely tied to India, manage the special zone would actually be safer.
“Good. I’ll convene parliament immediately.”
Kang Hyeon cheered inwardly.
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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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