Chapter 316

At night, the Donovan family was celebrating Josie's sixth birthday. Matthew was carrying out his routine of checking in on the Donovan family at least once a month. He asked, "How's Brandon's company doing?"

He had been taking Athena out for dinner every week in Kitmore City. He stayed at the Donovan family farm once a month, so he had a decent understanding of Donovan's Restaurant and Donovan's Farmland. For everything else, he got updates from Louis. Louis responded, "Ever since Donovan High-tech landed that big order from Hastron Group, their Al products have become quite famous and are selling very well in the market.

"But the original production workshop is too small, and the company's production capacity is weak, so they can't meet the demands. Many of their components have to be outsourced to contractors or other manufacturers.

"Brandon has high standards for his products. However, powerful manufacturers aren't interested in orders from a small company like Donovan High-tech, while those that are willing to take on such orders often lack the equipment or capability to meet his standards." Louis continued, "Brandon wants to bring in a world-class, fully integrated production line to handle everything from R&D to production, assembly, and testing, but this requires a huge amount of capital.

"Some expensive equipment would only be used to make small, low-cost parts and wouldn't be very practical. Because of this, his idea has faced strong opposition from his partners."

He added, "To convince them, he proposed two solutions. First, he would be responsible for raising the funds for the production line while keeping all salaries and benefits unchanged. Second, once the production line is fully operational, any idle equipment could be used to take on external orders to avoid waste and losses.

"Even so, several partners still felt his idea was too aggressive and risky, and they strongly opposed it. Only one unconditionally supported him. At this point, he's in quite the dilemma."

rtner

Louis added a bit of gossip, "That one partner who unconditionally supports him is Lindsay Dudley, a classmate from his time studying abroad in Aeloria. She seems to like him, and there's some ambiguity in their relationship."

Matthew wasn't interested in Brandon's personal life. He only cared about his business. "How much investment does he need for these production lines?"

Louis, being a top-tier secretary, had all the details. "At least 100 million dollars, not including land and factory space."

Donovan High-tech's total assets wouldn't even reach 20 million dollars, so an additional 100 million investment was indeed a crazy leap.

is certainly ambitious." A look of appreciation flickered in Matthew's eyes. "Call him right now and tell him I'll

seconds before

walked out of Matthew's

he's extremely grateful. If you dare to invest, he will accept

loss in the end, he could consider it part of a gift to the Donovan family. Matthew nodded, then asked,

Chapter 316

third phase of Bard Property's

quality of the first and second phase homes was good, and the property management has earned a solid reputation, many buyers are very interested in Bard Property's houses. It's expected that the pre-sale of the third phase will do well, bringing in some funds

situation. There's a plot of land next to Bard

years ago, intending to profit from the success of the old Bard Property and develop

the old Bard Property failed, it caused property values in the area to drop, and the

"Now, the area has been revived by the new Bard Property, but the landowner is heavily in debt and

that land and develop it into housing. That's the full report." After finishing, Louis focused on his

his fingers lightly on the table and shook his head slightly. "Real estate has been appreciating for nearly twenty years, but the bubble is too big. I predict that in two to three years,

next few years, he

Louis was momentarily stunned.

was certainly aware of both domestic and

there had been many predictions of a decline in real estate over the past twenty years, but the industry had never truly faced a

even during economic downturns or crises, real estate

how this booming real estate market could face a wave of bankruptcies in just two

not question him. He asked, "Shall I subtly find a way to remind him and help him drop the idea?" Matthew pondered for a few seconds. "You don't carry enough

thought Matthew was right, so

his phone and dialed a number. "Mr. Frowick, I'd like

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

Comments ()

0/255