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Chapter 150: The Insidious Plan to Acquire the Knicks(1/3)

Abel next stayed in Tarrant County for two more days.

In the past two days, he visited five American supermarket branches that were slandered by locals.

He noticed that the locations of these five stores were actually very good.

Not only does it have a spacious parking lot, it is also not far from the surrounding gathering areas.

A few minutes to half an hour's drive is the most suitable distance for large shopping malls in the United States.

Logically speaking, this location and this area.

Coupled with the strength of the American mass supermarket company, business should not be much worse.

Being able to be forced to quit, I can say that some local people are ruthless and have too many tricks and methods.

Local protectionism is really pervasive in the United States.

In addition, Alexander’s proposal.

It also reminded him of a possible entry point for him to enter the American industrial world.

He asked David Jones to find a list of the top ten private companies in the United States.

in this list.

In addition to Koch and Cargill already mentioned.

The other eight companies are -

Albertsons Supermarkets, with annual revenue of about $40 billion, is a giant that is twice the size of mass supermarkets in the United States.

Wal-Mart, a listed giant in the same industry, has global annual revenue of only around 100 billion U.S. dollars.

But Albertsons only has one US market, and its revenue is so exaggerated.

This means that it is only the US market.

Albertsons, which is not listed on the market, is not much worse than Wal-Mart.

Fourth place is Deloitte, with $30 billion in revenue, business services and supplies.

The fifth place is PwC, with $30 billion in revenue, business services and supplies.

These two companies are actually in the same industry.

The sixth place is Mars, with a revenue of 20 billion U.S. dollars. Its main business involves the manufacturing and marketing of snacks (candy and chocolate), pets, staple foods and electronic products.

The seventh place is Ernst & Young, with $20 billion in revenue, business services and supplies.

It is the same type of company as Deloitte and PricewaterhouseCoopers before.

The eighth place is American Supermarket Company, with a revenue of 20 billion U.S. dollars, mainly engaged in supermarkets and retail.

The ninth place is Reyes Holdings. With a revenue of 20 billion U.S. dollars, it is mainly engaged in food, beverage, tobacco, McDonald's, and KFC's supply of large-scale fast food in the United States. This company is basically the company.

The tenth place is - billion-dollar revenue, a chain of convenience stores and gas stations across the United States.

Abel discovered that these ten giants in private companies.

In addition to several accounting and actuarial firms and Koch.

All others are related to retail, food and supermarkets.

These industries are basically asset-heavy and investment-heavy industries.

It belongs to an industry where if you do it well, you can have super cash flow.

Once it gets bigger, it will be difficult to fail.

This gave him an inspiration.

That is him. In fact, he can also start from these industries.

These industries generally require more employees than energy.

What's more, with the development of automated machinery, there will be fewer and fewer workers in factories.

On the other hand, these service industries will always need a lot of workers.

Perhaps their profits will be much slimmer compared to the Internet, let alone compared to Wall Street.

But as long as one or two such giants are mastered.

Then the actual influence and strength of my voice in the United States.

It will definitely increase a lot.

With this idea in mind, Abel quickly made up his mind.

He decided to start with the five American Mass Market stores in Tarrant County.

Then use these five branches to expand outward from Tarrant County and focus on development first.

Exhibiting in Texas and several neighboring states.

Just spend more money in the early stage and combine it with Internet shopping, which is about to be on the fast track.

Abel felt that he might not be able to survive within a few years.

Create a combination of Amazon and Walmart.

It's just that if you don't go public, you want to keep it in your own hands and become a private giant.

In this process, too much money will be burned.

After all, there is no first-mover advantage. These companies have developed for decades or hundreds of years.

Only with enough accumulation can we reach this level.

I want to achieve this level within a few years.

Apart from borrowing the power of the Internet, the only way is to burn money.

The Internet & money-burning entities & private companies are two very conflicting concepts.

Not being listed means not being able to raise funds.

If you can't get financing, you can only burn your own money.

The good thing is that Abel's money is sometimes simpler than what the wind brings.

He can afford to burn the money if he wants to.

In this way, Abel's physical industrial route, which he had no clue about before, was temporarily determined.

At present, it is focused on physical production and retail of energy.

And in the process, see if we can get some high-tech manufacturing.

Finally, strive to achieve your goal before you are thirty.

There are currently two steps to take.

One is the Taylor family that continues to engage with Sempra Energy.

Try to get about 16% of their shares and officially enter the energy industry.

The other is to first acquire the five American Mass Market branches in Tarrant County.

With these five branches, we started in Tarrant County.

Taking advantage of Alexander's rise to power and the convenience of Texas itself, it developed rapidly while burning money.

After confirming these two points, Abel left Texas on November 9th.

He returned to New York.

The temperature has cooled down over in Texas, but it hasn't started snowing yet.

Here in New York.

When Abel returned, it could be considered that the road was blocked by heavy snow.

The weather forecast says that it will snow for five consecutive days this time, starting from the 7th to the 12th.

Fortunately, the snowfall was either heavy or continuous.

Coupled with the occasional melting snow in the middle, New York's winter is even colder this year.

One more thing to mention.

Ikana, who has been working in Los Angeles for almost half a month, just returned to New York today.

She came back half an hour earlier than Abel.

After learning the news that Abel was back, Ikana didn't even leave the airport.

She was waiting for Abel's return in the warm waiting hall of the airport.

While in the waiting room.

What I saw was Ikana wearing a very fashionable winter coat, holding the latest issue of the "New York Observer" and sitting on a comfortable sofa reading.

This is a private waiting room and no one else will be allowed in while it is in use.
To be continued...
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