All companies, businesses, people and places described in this story are fictionalized.
This chapter reads like a romance story and there is no sex in it.
Thanks to Alwaysready64 for editing, without his help my story would not have ever got out into the ether.
This is the last chapter of the story; I do not plan to write more. I hope I tied up all loose ends.
I hope you enjoyed this series and as always thanks for reading.
*
Chapter 13 - The Unlikely Quarterback
At the end of July, Inotech was finally sold to a huge telephone company that wanted to expand their reach into areas Inotech controlled. By buying our fiber optics, it allowed them to bypass regional cable monopoly boundaries that by law kept them from competing in specific geographic areas. The cable companies wanted the Ma Bell out of their area and by driving the cost of the company up they would at least drain the phone company's cash reserves. So, a bidding war ensued and when all the dust settled and the lawsuits ran their course, Inotech was sold for just over a billion dollars. My two-million-dollar investment and Candie's ten suddenly returned more than ten times our investments. Candy took home close to ninety million after taxes and I took home about eighteen.
The only thing about the deal that did not sit well with me was that the Ma Bell was only interested in the infrastructure and assets, most of the employees were going to be laid off because they were redundant. So, I offered them a deal to buy the Inotech name, office building and its people. They gladly sold it all to me as a package deal since the firing of its people would cost them more than it would to just give it all to me.
Inotech, after the split, only consisted of fifty employees, a leased building, some computers, copy machines and various office equipment such as desks and chairs etc. I was suddenly the employer of ten engineers, various accountants and other office workers. My plan was to use the business to develop some ideas I had on a burgeoning new technology called the World Wide Web.
Candy was part of the board of directors during the company buyout and helped negotiate the deal that gave severance for the employees leaving. As good as the deal was, most people would need it in order to survive while they looked for other jobs.
Candy was my number one supporter and begged me to allow her to invest in what I was doing. She wanted to be my partner. I told her that if she was going to take part in the company, she could not be a silent investor, she'd have to work for me. She was kind of conflicted at first because she had a baby on the way. I told her that I would work around her schedule and even put in daycare on site.
After that she was on board and she insisted that for every dollar I spent she would spend just as much. We would be 50/50 partners with me as the CEO and her as the COO. Since our company was still small, she would be able to do her job part-time, and she would take an immediate six-month leave after the baby was born. That meant I would not get much help from her at first and she was the people person. That is when I got the brilliant idea to hire my sister Lorry as CFO.
Lorry over the next year did such a great job at running the company that I stepped down as CEO and handed her the reins. I took the CIO (Chief Information Officer) position and was still on the board. As one of the company's biggest shareholders, I still had a lot of sway in the policy making. But I trusted my sister and she shared my vision of the future. I was the ideas man and she was the one that made them happen. She somehow managed to run the company and complete law school at the same time. Like I said before, I am a certified genius, but I always knew Lorry was smarter than me and she proved me right every day.
I think the reason Candy was so enthusiastic about partnering with me was not because I was going to make her rich, it was because we shared a vision. Candy was, like me, did not care about money any more than the need to use it to buy food and clothes and normal everyday things. She shared my ideals and my morals and wanted to do something useful with her surplus.
Most people want to get rich so they can buy things, others do it for the power or prestige, but we wanted the money to launch ideas and to employ as many people as we could. We saw ourselves as good stewards and the money we came upon was there not to give us things, rather so that we could help others be successful.
My early years as a Christian still influenced how I acted. I didn't go to church but I still lived by the golden rule, and I believed in the "parable of the talents", as such I believed that when given more money than you need it's your responsibility to make that money work for you rather than "bury it" in the sand. Spending it wastefully on material things like expensive cars and mansions in Bel Air when I could be employing someone was unthinkable.
The new Inotech was not a success right off the bat. We did not gain immediate undying loyalty from our employees; as a matter of fact, half of them took their severances and moved on to other companies. So, from what I had left I proposed our business model and the future of our company. I offered each of them the opportunity to buy into the company and gave them a guarantee that I would personally buy them out at their buy in price within the first two years if any of them wanted to leave. If they were fired, they could keep their shares or sell them back at the current market value or buy in price, whichever was more.
To my utter surprise, all but a few of them invested their severances making Candy and I eighty percent stakeholders with the employees owning the rest. We hired a lot of computer science and math guys and got to work developing a brand-new platform selling products on the internet which would later be coined as E-Commerce.
*
On August 10th one week before her due date, Candy was rushed to the hospital after her water broke. Eight hours later an 8lb. 11oz baby boy named Ryan was brought into the world and no one was prouder than me. Jack was not around to hand out cigars, so I took over patting everyone on the back and celebrating in his stead. Jack's mom and his sister were there along with Candy's mom, a few of Candy's cousins, me, my mom and my sisters.