Switch Mode
Check SunTranslate
Check SunTranslate

A Genius Investor Who Picks Up Conglomerates Chapter 288


Episode 288: We are a good match

It’s elaborate. It’s truly a coincidence.

It is at this point that the name Seonmu pops up.

Isn’t it like a twist of fate?

“What exactly happened?”

“I just received a call, so I don’t know the details. “The only thing CEO Bae can say is that he was stabbed in the back.”

“Hmm…”

I stroked my chin and thought for a moment.

‘If a large company decides to attack, there is no answer for a startup.’

In times like these, shouldn’t a trustworthy friend step in?

“Stephanie, please come with me to meet CEO Bae Han-seul.”

“Yes it is. “I was already planning to ask the CEO for help.”

Stephanie’s investment sense and work performance skills were excellent, but there was nothing else Stephanie could do, especially if her interests became intertwined with Korean companies.

“Then, Matthew and Executive Director Kim, please go do your own work, and Stephanie, let’s go in my car.”

The end-of-month meeting ended with a somewhat unpleasant aftertaste.

***

Pangyo Gyeonggi Creation Innovation Center H504 Once Doctor.

Knock knock

Clap

When I opened the door and entered the office, I saw a woman with a short bob haircut talking to her colleagues with a stern expression on her face.

“ah! Stephanie, are you here? Oh my goodness! “CEO Song also came.”

CEO Bae Han-seul, whose face was filled with deep sorrow, greeted us with a forced smile.

The woman with short bob hair, slender height, and bright eyes was the CEO, Bae Han-seul, who turned 36 this year.

“What happened?”

CEO Bae Han-seul, with a bitter smile, guided us to our seats.

“First, let’s have a cup of coffee and talk slowly.”

Bae Han-seul, who served warm Americano, began to tell the whole story of the situation.

“As you may have heard from Stephanie, Royal Healthcare launched a service by copying our ‘Once Doctor’ service.”

“Is it not just similar, but exactly the same?”

Bae Han-seul nodded resolutely.

“I’m sure. Not only the planning and concept, but even the UI/UX is almost similar. Above all, the algorithm that uses AI to tell you the appropriate diet and treatment method by checking blood sugar levels is at the copy-and-paste level. This is really… It’s just copied without any sincerity. “I will show you myself.”

Bae Han-seul, who was furious, held out his cell phone and showed something.

It was an app called ‘Home Doc’, but when compared to the ‘Once Doctor’ app, it was literally at the level of Control C and Control V.

Should I say that this is a level where you can’t even beat anything?

“It seems clear. But how on earth did they copy it? The fact that it was stolen means that there was a leak somewhere… Are there any co-workers who have left the company in the meantime?”

Bae Han-seul bit his lip gently and began to tell an old story.

“That’s true… Two years ago, Royal Healthcare contacted me secretly. “It was a time when we didn’t even have a business yet.”

“For what reason?”

“They showed interest in my items and suggested a meeting because they were interested in investing. I guess… “I think that’s the problem.”

“Have you signed an NDA (non-disclosure agreement)?”

“ha···. At the time, Royal Healthcare refused, saying that signing an NDA was meaningless due to their internal circumstances. At the same time, I reassured them that there would be no need to copy anything, so they could just meet comfortably. At that time, I signed the contract no matter what happened… ha. “It’s my fault.”

“no···. Even if I signed it anyway, I would have copied it if I wanted to. Just because there is a law doesn’t mean thieves won’t steal.”

Stephanie, who had been listening silently, came forward as if to defend Bae Han-seul.

“What made that possible was that at the time, CEO Bae Han-seul only had an idea and a business plan, and I never would have thought that a company that was even listed on the KOSDAQ would do such a brazen thing.”

I nodded in agreement.

This is not the time to judge anyone’s faults, but resolving the situation was the priority.

“Of course I would have. So?”

“Several quite in-depth meetings were held, but in the end, the investment failed. “Now that I think about it, I think I only focused on questions related to that in order to somehow take away the core technology.”

“To summarize, you are saying that you had a meeting with Royal Healthcare two years ago in the name of investment, and it is presumed that key technologies and ideas were leaked there?”

“yes. I’m sure. “Items may overlap, but it doesn’t make sense for the functions, designs, and even algorithms to be the same.”

“understand. Have you ever complained about it? “With President Bae’s personality, he wouldn’t have stayed still, right?”

“What’s wrong with my personality!?”

“Big… “Something like that that can’t tolerate injustice?”

The CEO Bae Han-seul I saw was a person who could easily be called a female leader.

Despite his slender appearance, he had a very fiery personality, and when he got angry, he was the type to crush people with logic.

In short, it meant that he was very talkative.

“These guys are really shameless… They are recklessly insisting that it was their idea that came up first. The position is that there is no problem, just that the items coincidentally overlapped. under! Does that make sense? So I asked for it. Please provide proof that you started there first. Aren’t there any related emails or documents exchanged at the time?”

“I guess so, right? “All of that is recorded on the computer.”

“But these shameless people never exchanged documents and only talked among themselves? Does that make sense? If you think about it that way, would you say that you made the air conditioner yourself? Why do you insist that they thought of cell phones first? what the! It’s ridiculous. In my nature, I just wanted to swear at him… Phew… “I was able to endure it three times.”

He spread both palms towards Bae Han-seul, whose face was gradually turning red.

“Whoa, calm down. And you did well. “Even if you react emotionally, the situation will not change anyway.”

“If it had the same temperament, it would really be… ha. What made me even more upset was that they threatened me to do whatever I wanted, whether to file a complaint or report it somewhere. “I’m really shocked.”

“You’re saying it comes out like that?”

“Even if you do that, it’s the weak startup that ultimately loses. Even if we drag this into a lawsuit, we know that we will never be able to survive considering the cost and time involved. This is probably the same for most startups. Even if technology is stolen, there are many people who do not know where and how to report it or what response to take. It is said that the Ministry of SMEs and Startups has support measures for startup technology theft and the Korean Intellectual Property Office’s technology police system, but information is not shared between ministries, and even if legal measures are taken, most of them are advisory measures. It’s a completely frivolous punishment. So why would you blink? “If there’s something that looks good, just copy it and throw it away.”

There was nothing wrong with what Bae Han-seul pointed out.

If the law was that soft, there was no need for large companies to be afraid.

“I had a good understanding of the overall situation. “What happened has already happened, and now we have to figure out how to get rid of that thick-faced thief.”

As soon as she finished speaking, Stephanie expressed her opinion.

“Still, shouldn’t we somehow appeal to the Small and Medium Business Administration in addition to taking legal action? “It’s better than not doing anything.”

CEO Bae Han-seul also nodded in agreement.

“My thoughts are the same. “We can’t just let things go like this.”

“The problem is that there is no fundamental solution. “It would be nice to have something that could definitely hit me…”

Bae Han-seul smiled meaningfully at my words and placed his cell phone on the table.

“You two haven’t forgotten what I was doing before starting my own business, right?”

“Of course… ah?”

I forgot for a moment.

Bae Han-seul, who seems like an ordinary career woman, is a lawyer who passed the bar exam with excellent grades.

Moreover, he was also from Go&Go, the best law firm in Korea.

“This can be said to be an occupational disease that has not yet been cured… “I have a habit of recording whenever there is a public event.”

“omg. Do you still have the one from 2 years ago? “You still have the recorder on, right?”

”… … ..“

There was an awkward silence between us.

“Big… That’s not important now. I almost lost my blood trying to find this. I search through thousands of recording files stored in the cloud… ha. There was no hard work or this kind of hard work. “I almost lost my eye.”

“So did you find it?”

Bae Han-seul nodded to Stephanie’s question full of anticipation.

“After much trouble, I finally found it. “I couldn’t remember exactly what I said at the time, but when I listened to the recording, I remembered it clearly.”

“Let’s take a listen.”

With our ears prickled, we focused on Bae Han-seul’s cell phone.

It started with CEO Bae Han-seul’s voice, and then a man’s voice with a gravelly voice came out.

[No matter what, I’m explaining this without writing a confidentiality agreement… A bit] [Hahaha. You don’t have to worry at all. It’s Choi Wonwoo. As a member of the Seonmu family, I don’t do such foolish things. As I said, we need to accurately understand CEO Bae’s items before we can make an investment decision.] [I’m really only trusting CEO Choi to open the market.] [I’m not a fool and I know that CEO Bae is a lawyer from Go&Go, but I can’t believe it. Would I do something stupid? I’m not that stubborn. Don’t worry, just speak comfortably. Isn’t that how we can become true partners?]
Afterwards, Bae Han-seul gave a detailed explanation of his items and plans, and CEO Choi delved deeper and asked questions, including technical details.

“That’s it.”

Stephanie, who listened intently to the recording, shook her head.

“Hmm… Certainly, at this level, there is nothing to say even if it is copied exactly.”

“It’s my fault. “At the time, I was inexperienced as a founder, and I had too much faith in the name Seonmu.”

“What is the identity of this person, CEO Choi?”

“I said that from my own mouth. He is the third son of Sunmu Holdings Chairman Choi Yang-pyo. But there’s something a little strange.”

“What’s strange?”

“In fact, the company called Royal Healthcare is not an affiliate of Seonmu Group.”

“In any case, are you sure that you are related to Chairman Choi Yang-pyo?”

“Yes?”

“That’s really good.”

“yes? What?”

“It’s nothing special. Anyway, the answer has been decided. To put it bluntly, neither time nor money is on our side. In the end, there is only one thing left.”

“what is that?”

“We are shaking up Sunmu Group, not Royal Healthcare.”

“that is···. Is it possible?”

“The public tends to sympathize with the weak rather than the strong, and they do not hesitate to throw stones at the unscrupulous strong. And if there are millions of stones, no matter how large the company is, it cannot remain intact.”

Bae Han-seul expressed some concern at my words.

“It sounds like you are talking about playing with the media, but the Seonmu Group has a significant influence on the media. “It won’t be easy for the article to become public.”

“It doesn’t matter. “I’m making it so that I have no choice but to go out.”

“You’re saying you’re increasing the plate…?”

Bae Han-seul and Stephanie looked at me with curious eyes.

“If you watch, you will know. First of all, Stephanie, please help CEO Bae. “I will just move like that.”

“What are you going to do?”

He smiled brightly at the two women who asked with curious eyes.

“First, we need to talk face to face. “I get along quite well with the third generation of my family.”

next day.

morning work…


A Genius Investor Who Picks Up Conglomerates ( Free )

A Genius Investor Who Picks Up Conglomerates ( Free )

A genius investor who picks up conglomerate leaves
Score 9
Status: Completed Type: , , , , , , , , Author: , Artist: Released: 2023
I went on an ocean fishing boat for 4 years to pay off 300 million won in coin debt, and my account is strange. But that was only the beginning of great fortune. The story of Song Dae-woon, a legendary venture capitalist who is shaking up the global economy.

Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Options

not work with dark mode
Reset