Chapter 424 - 229: Scrambling for Advantage (First Update)
Chapter 424 - 229: Scrambling for Advantage (First Update)
Francis Johnson remained silent for a moment, not telling Kenneth Osborne the truth, instead saying, "Our new target is also in the field of AI, but our investment in the new company will be ten times more than in your company."In other words, this is SSA Private Equity Fund’s indirect abandonment of AI Vision Promise.
Kenneth Osborne didn’t speak for a moment.
Francis Johnson struggled to say, "...Moreover, this approach is something SSA Private Equity has never done before. So once the news gets out, it will be very bad for your company."
Kenneth Osborne came back to his senses, helplessly curled his lips and said, "Actually, this also damages your company’s reputation, possibly even more than it does mine."
Because SSA Private Equity prides itself on never failing in investments.
If they suddenly invest in another company that also deals with AI, and the investment amount is ten times higher than the previous similar company, it most likely indicates that the previous investment failed.
This kind of occurrence is common for typical angel investors, who often invest in ten companies, might fail nine times, but as long as there’s one success, the losses from the previous nine failures can be covered.
SSA Private Equity is different. They’ve only been in the investment world for four or five years, having invested in eight companies without a single failure, earning abundantly each time.
Kenneth Osborne’s AI Vision Promise is their ninth investment.
Now, are they about to face their Waterloo?
Francis Johnson felt a bit frustrated, but he couldn’t help thinking that Kenneth, who was favored by Patrick, indeed had a sharper commercial intuition than he did, even after being in the business for several years.
He suddenly had a sense of pride, like the apprentice surpassing the master, although Kenneth wasn’t actually his protégé, just a self-deprecating joke.
Francis Johnson chuckled softly and said, "You’re right, then do your best and slap them in the face! Let them know that we at SSA Private Equity have never failed!"
Kenneth Osborne felt a bit better, leaning back on the couch, putting his injured leg up on the square footstool opposite, and said, "I certainly won’t let you down."
After hanging up, Francis Johnson shook his head with a wry smile.
He realized that Kenneth’s side wouldn’t fail; the one likely to fail was the company they’re about to invest in.
...
At this time, Christopher Mason was also at the official residence talking with Patrick.
Lydia Graham sat cross-legged on the floor beside Christopher Mason’s legs, holding her chin with one hand, playing on her phone with the other, while also distractedly watching Azui play with the little Corgi dog.
Patrick, with his legs crossed and holding a cup of coffee, said leisurely, "So, you want to create another fake company to attract the opponent’s attention?"
Christopher Mason nodded calmly and said quietly, "Kenneth Osborne is quite talented; I can’t let him live in constant fear of being coveted."
Lydia Graham listened, raised her head, and smiled, saying, "So you made a decoy."
A decoy is a lure and also a wooden wild bird used by hunters to capture real wild birds.
Christopher Mason patted her head and smiled, "Yes, you could say that."
Azui had been trying to butt heads with the little Corgi but now crawled over, hands and feet, to Christopher Mason’s leg and placed his round little head in Christopher’s palm for a rub.
Lydia Graham: "..."
Patrick smirked.
Christopher Mason, however, didn’t pat Azui on the head, just glanced at him disdainfully, withdrew his hand, and said, "Go walk the dog; why are you here listening to adults’ conversations?"
Azui: "..."
He lifted his head, and with Lydia’s exact large eyes, stared at Christopher, almost making him soften.
But Azui was still a bit afraid of Christopher, he stared at him for a while, then got up, picked up the little Corgi’s leash, and babbled, "Arc, I’m taking you to leave and find my uncle! My uncle is good to me!"
Christopher Mason said nonchalantly, "You’ve never met your uncle, so don’t call anyone uncle casually; be careful your mom gets mad at you."
Azui rolled his eyes, looked back, and said, "I’ve seen photos."
"Photos aren’t the same as real people," Christopher Mason shamelessly deceived the child.
Azui: "..."
What’s going on?
Azui looked suspiciously at Christopher Mason, "Really not the same?"
"You’ve never seen the real person, so how can you believe that the photos others show you are real?" Christopher Mason spoke once more with ambiguity, his expression unchanged, speaking as if to an equal adult.
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