Greetings to Kyle,
However, it wasn't long before he was interrupted.
The individual who interrupted Kyle was none other than his attorney, Paul Goodman.
"Mr. Page, I've already established some connections regarding the issue you asked me to handle. I've chosen two banks that would be suitable for you. If you're available now, I can come meet you."
Kyle nodded and replied, "Sure, I'm currently on the set of Juno. It's at Warner's studio, as you probably know. Let's discuss it during lunch; we can catch up then."
After that, Kyle ended the call.
Indeed, Kyle had intentions to acquire a bank.
For various reasons, having his own bank is significantly more beneficial for his future investments, loans, and other endeavours.
Naturally, Kyle was also planning for the upcoming year!
"Next year is 1997! Soros' Quantum Fund, along with several investment banks based on Wall Street, is about to unleash a severe storm in Asia, extracting vast wealth from Thailand, Southeast Asian nations, and the four Asian tigers. I cannot miss such an opportunity," Kyle mused.
Certain priorities can be postponed, but when it comes to making money, Kyle is quite proactive.
....
When noon arrived.
Paul Goodman laid out a stack of documents and stated, "Mr. Page, I've picked two banks for you, which are California Standard Bank and Los Angeles Credit Bank. Their acquisition costs are both approximately $20 million. Given your financial situation, you're certainly able to carry out the acquisition."
Kyle nodded and began to review the documents.
Before long, Kyle selected his target.
"Lawyer Paul, I wish to proceed with California Standard Bank. Please start reaching out to them."
It's worth noting that aside from major banks like Citigroup and Wells Fargo, there is an abundance of small private banks in the United States, akin to the stars in the sky.
There are simply too many!
California Standard Bank, established in 1965, operates four branches across North America, all situated in California. It has 115 employees and has garnered $450 million in depositor funds. Its primary sources of revenue come from mortgages and car loans, and its value ranges from $17 to $20 million.
It perfectly aligns with Kyle's needs.
In America, nothing is off the table. If something seems unavailable, it simply means the right price hasn't been offered yet.
Less than ten days later, Kyle successfully acquired the Standard Bank of California, and the entire purchase set him back $21 million.
While $21 million is a considerable sum, for Kyle at this point, he could still manage it if he tightened his belt.
Nevertheless, this almost depleted Kyle's cash flow.
Make money!
Make money!
Keep making money~!
"Is there anything that can rapidly increase my wealth?"
"Stock investments? No, that's still a bit slow for my liking."
"Gold futures? Although gold has seen long-term growth, it still feels too gradual."
Ultimately, Kyle shifted his focus to the Internet.
"I can launch an Internet company!"
It must be said that Kyle is quite astute!
Between 1996 and 1999, the most lucrative enterprises were, without a doubt, those related to the Internet.
Any project with a gimmick can attract a large number of investors and investment institutions. As long as it can gain a large number of users, it can be listed quickly regardless of whether it can make money or not, and reap a large amount of dollars from shareholders.
Is there anything in the world that can make more money than this?
Maybe there was, but Kyle didn't know.
LinkedIn!
Since he wanted to start an Internet company, Kyle chose a valuable investment project, which was LinkedIn!
LinkedIn is an online job search website.
"Okay, okay, I'm a genius!"
"As long as I create LinkedIn, and with the help of ICQ's listing and promotion, I will be able to quickly have a large number of users. I don't have to worry about whether I can make money or not. As long as I sell it, I will make a fortune~!"
Kyle thought so.
He has a clear position on himself. From the beginning to the end, Kyle knows that his ability is limited. Compared with being an entrepreneur, Kyle prefers to invest and speculate.
"Isn't it for the sake of enjoying yourself that you came here? Why make yourself so tired? Isn't it nice to be a rich salted fish?"