Chapter 962 - 328, Causing a Sensation_2
"Donnie, the Apollo Chain is connected to Venus Consortium’s sectors like publishing, horse racing, logistics, and retail. Isn’t it too risky to take Apollo Chain public?"
Robert reminded Donnie.
Café Jackson couldn’t help but say: "Boss, right now financial groups like Morgan, Old Rockefeller, and Mellon are pooling large amounts of funds to collaborate with you on other projects. If we take three companies public all at once, it would involve at least hundreds of millions of US Dollars. I’m worried that without the involvement of these major groups, others won’t be able to come up with such significant funding!"
Donnie didn’t share with Café Jackson that he was waiting for this exact moment to take his companies public. The arrival of the Great Depression, although bringing widespread misery across the United States, actually had little impact on the truly top-tier financial groups like Morgan, Rockefeller, and Mellon. In fact, during this period, they took advantage of the market slump to acquire a portion of well-qualified companies.
If Donnie were to join forces with them now, wouldn’t that equate to finding powerful adversaries for himself?
What Donnie wanted was for his competitors not to be too strong, but sufficiently dispersed!
"It’s decided!" Donnie ultimately finalized: "Café, call Charlie Chaplin, Douglas, and Griffith and invite them to New York to jointly discuss the listing of United Artists!"
Unlike Trident Shipyard and Apollo Chain, United Artists was different. After acquiring Pickford’s shares, Donnie became the largest shareholder of United Artists. However, Charlie Chaplin was still the president of United Artists, so for Donnie to push through the company’s IPO, he still needed the agreement of those three!
Café Jackson also understood that once Donnie made up his mind, anything others said would no longer make any difference, so he loyally carried out Donnie’s instructions immediately.
After Café Jackson left, Donnie smiled and said to Robert: "Once I’ve settled the matter of United Artists’ IPO with Charlie Chaplin and the others, I’ll need you to handle something!"