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Chapter 79 Warm Invitation

But what? Rockefeller Jr. did not agree immediately, but just said that he wanted to evaluate it. Sheffield said that there was no problem and did not express any urge.

"Are you sure? Are there other exploration teams in Texas? Or oil wells?" Little Rockefeller looked at several project managers, his strong posture obvious.

"In a place as big as Texas, someone must have been exploring before, but we are sure that no oil has been discovered so far, and no oil company can escape our sight." Several project managers quickly exchanged opinions and gave

Answered in the affirmative, they knew that Rockefeller Jr. was assessing the risks in order to make a decision.

Well! Rockefeller Jr. was noncommittal. Standard Oil controls more than 90% of the current share of the United States. This in itself is a manifestation of great strength. If there is any oil businessman in the country who can hide the news of the oil blockade from his own family, he also thinks that this is

It's impossible.

Trust in one's own company is itself a kind of strong self-confidence. But even so, little Rockefeller still did not act impulsively, but quickly sent a telegram to his father and waited for a reply. Standard Oil had already passed because he was so young.

When Lee gets carried away, he remains calm at all times.

Sheffield did not rush, nor was he in any hurry. Just as the truth is often hidden in fog and wrapped in facts, no matter how good the exploration team is, they cannot figure out whether there is oil under a piece of land, because it is all unknown.

What's more, he added the patent bill's position and the harvester's patent.

Just like the pharmaceutical industry, which the Rockefeller family is heavily involved in, Sheffield knows a basic fact. Even in the 21st century, among the tens of thousands of diseases in the field of internal medicine, only one in 10,000 diseases can be said to be cured. He

I can only think of lobar pneumonia. The rest of the diseases are incurable. The purpose of taking medicine is to control the spread, not to cure it.

If you are really seriously ill and in an advanced stage, don't count on medicines, just go to the operating table and try your luck.

In fact, even colds cannot be cured by humans. The difference between taking medicine and not taking medicine is that one is more uncomfortable and the other is less uncomfortable. It can be relieved with medicine and buy time for the body to recover on its own.

Even if this is the case in the pharmaceutical industry, people will still choose to take medicine once they are seriously ill. Just like now, Rockefeller Jr. will definitely evaluate this contract himself, but no matter how he evaluates it, it seems to be harmless to Standard Oil, so he has no reason

I don’t agree, because making money, the capitalist’s instinct to make money, is as natural as a patient’s fear of death.

Through the design of terms, the VAM agreement can effectively protect the interests of investors. The VAM agreement has been applied in the investment of domestic enterprises by foreign investment banks. The VAM agreement is the future agreement between the investor and the financier when they reach a financing agreement.

An agreement is made in an uncertain situation. If the agreed conditions appear, the financing party can exercise a right; if the agreed conditions do not appear, the investor will exercise a right. Therefore, the gambling agreement is actually a way to protect both parties.

form.

This is inherently risky, and Rockefeller Jr. is now using all channels and connections to assess this risk.

The old Rockefeller's remote control telegram also came back soon, "This kind of contract is very interesting. This is the first time I have seen the terms in it. If oil is discovered, you will definitely get more than 500% of the benefits. If it is not found, both parties share the risk?"

On the premise that oil is discovered, Sheffield guarantees 500% of Standard Oil's profits and can buy back all of Standard Oil's shares after ten years? It can be bigger!"

Old Rockefeller had already assessed the risks involved, but with a huge profit of 500%, even he could not keep calm. Even he could not judge how much oil reserves there were in an unexploited place.

"For the cooperation with Sheffield United Company, Standard Oil, in order to show the greatest sincerity, is willing to spend 10 million US dollars, holding 49% of the shares, plus a written guarantee of support for the patent bill, and the United International Harvester

All the company's patents!" When Rockefeller Jr. appeared again, it was to finalize the contract.

The two parties compared the contract item by item, and Sheffield finally agreed. Once this contract triggers favorable terms for Standard Oil, it can bring back $50 million in return for Standard Oil.

It seemed that the return was huge, but Sheffield knew that this was not a problem that fifty million dollars could solve. So even if some managers warned that it would be disadvantageous to invest upfront and share risks, he agreed.

"The initial investment is controllable, and we have received some compensation from other aspects, so we have not suffered a loss." Sheffield explained to the group of managers who came over, "Promoting the large-scale agricultural plan is the current top priority.

.”

Even if the contract expires in the future, it is not certain that the Rockefeller family will be willing to stop, but at that time, the Rockefeller family will still need to provide other help or give up benefits in order to preserve their share.

"William, actually I want your friendship more than finalizing the contract." Rockefeller Jr., who was leading the negotiation of a big deal for the first time, was in a good mood and repeatedly promised to assist the Sheffield family in entering the industrial field.

"What I said is that I actually think so too. I admit that this time I am betting, and I hope that the bet is right. In an area as large as Texas, there should be oil. The probability is not too high.

Xiao. And you also provided help in other aspects! But I also want to ask, when will the patent bill be formally proposed? It would be best if the Republican Party proposes it, because you also know that our southern industry is not as good as that of the north.

The bill is still a bit strange." Sheffield nodded and raised what he should be most concerned about at the moment.

The United States mainly focuses on domestic demand. This is of course because the products are inferior and the quality is comparable to that of the Soviet Union. But it is also true that domestic competition is fierce. The patent bill that kills companies with insufficient capital should indeed be his biggest concern.

"Do you want Republicans to appeal? That's not impossible!" Rockefeller Jr. pondered and nodded, "Leave this matter to me. I'm going to go to Chicago. On the one hand, I also want to see my sister. So, you

You can go with me, you don’t have any other plans? And Chicago is the center of steel.”

"Uh? Okay!" Sheffield pondered for a moment. This time, there was no Annie around him, so he didn't have to worry too much. He nodded and agreed. Chicago is the industrial center of the north and is well worth an inspection, even if it is just for study.
Chapter completed!
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