Chapter 435: Chapter 353: A Hundred Million in One Minute
Guys, I’m about to die laughing.
She just brings 30 million and still has the nerve to show up a minute late, haha, oh hahaha ho ha!
Given Cheng Zhu’s current situation, he definitely needs financing.
But he doesn’t need this asly 30 million.
If 30 million was enough, why couldn’t I and my future brother-in-law just scrape it together ourselves?
And you think you’re so lucky to ride on my aircraft carrier?
Cheng Zhu had no plans to open a Youu Tea branch in Hang City these days, precisely because there’s no need and no point.
Everyone knows that if he opens a branch in any other district of Hang City, it will be a hit. There’s no need to prove this to the “startup investnt community”.
The amount he could raise in the first round of financing has little to do with how many stores he owns right now.
This money isn’t just for Cheng Zhu to pocket afterward…
He can tell an exhilarating story to the capital about his project, and he already has money in his own pocket; does he lack confidence?
Once he takes this money, it’s about accomplishing sothing big together, not just about a single city, but about the whole country, about revolutionizing the traditional milk tea industry!
The amount he’ll have to burn on opening branches like crazy and improving the supply chain will be insanely high, way more than a few tens of millions can cover.
Therefore, his target for the first round of financing will not be less than what Hey Tea got in the past.
More importantly, Hey Tea’s first-round financing was over a hundred million, a bigshot investnt that could cause a sensation in the “startup investnt community”.
And you, Wen Hua, or rather Tiancheng which you represent, to be honest, just don’t asure up, not by a long shot.
For Cheng Zhu, it’s not just about money.
He does indeed need to burn other people’s money, but there’s so much more he wants behind it!
At least half of these things Tiancheng can’t provide.
“If we say Youu Tea’s first round of financing involves Tiancheng, then many of my subsequent operating tactics, even, will be difficult to implent and operate,” Cheng Zhu was very clear about this in his mind.
Even if Tiancheng really wants to participate in the first round of financing, then it can’t be only Tiancheng Capital involved.
Moreover… Tiancheng will have to add more money!
Wen Hua looked at Cheng Zhu at this mont, her mind full of doubts.
Initially, she thought Cheng Zhu was hinting in a roundabout way that she was late today, implying that she didn’t give enough importance.
But after hearing the number he ntioned, she felt even more confused.
Co on, are you asking for the moon?
Who negotiates a price like this…
I say 30 million, you straight up respond with an additional billion.
Wen Hua put down her teacup and squeezed out a smile on her face.
She personally was quite optimistic about the Youu Tea project.
And she believed that a woman negotiating with a man has its advantages, not to ntion that she was also a rather attractive woman.
Therefore, she said with a beaming smile and in a jokingly teasing tone, “Mr. Cheng, you really have a sense of humor. I was one minute late, and you raised the amount by a billion, so it can’t be that if I’m two minutes late, you’d raise it by two billion, right?”
Having said that, she was about to express that she and Tiancheng truly value Youu Tea and Mr. Cheng a lot, but she was made even more baffled by Cheng Zhu’s response.
“Correct,” he said.
Wen Hua began to doubt if she was hallucinating.
Don’t you get my joke?
She glanced at Cheng Zhu’s expression and found that, to her surprise, he was utterly serious and sure!
…
The initial contact between Youu Tea and Tiancheng ended, naturally, in a falling out.
After settling into her white BMW, Wen Hua’s face started to reveal her emotions, no longer hiding any.
“Are today’s young people crazy?
“I deliberately show up a minute late, and you add a billion, two minutes late, and it’s two billion, right?”
“Madman, a pure madman, is your brain sick?!”
She did think highly of the project and had faith in Youu Tea’s future, but she had never considered the current Cheng Zhu as any big deal.
With her age and status, calling him Mr. Cheng was being quite polite and respectful already.
In her mind, such an experience in life could be bragged about back in the dormitory or even in her class.
—”You know about Tiancheng Capital, right? Today, the vice president t with and called Mr. Cheng!”
Wen Hua couldn’t quite follow the logic here.
“Cheng Zhu obviously wants to secure financing.”
“His business model for Youu Tea is different from traditional milk tea franchise stores, that’s for sure.”
Combining today’s events, she concluded: “But is this how you plan to get financing?”
“Or do you really think Youu Tea deserves such a high valuation?”
Please, if the first round actually gives you 30 million, that’s already a lot.
Look at those milk tea shops, how much is the franchise fee for one shop? How many franchise fees make 30 million?
If your budding milk tea brand actually secures over a hundred million in its first round, that would truly shock the entire investnt circle in Hang City, no, the whole country’s “startup investnt community”!
On the way back to the company, Wen Hua also received a call from the MD (Managing Director) of Tiancheng Capital.
The MD of Tiancheng Capital, nad Chen Bohan, was a native of Hang City and had so reputation in the VC circles there.
As the MD, he was considered to have transcended, moving beyond the so-called A-V club, belonging to another level of existence.
“Wendy, how’s the chat going?” he called out Wen Hua’s English na.
For those in venture capital, English nas are indeed necessary.
More precisely, many of the top venture capital firms in the country are early international investnt institutions that entered the Chinese market.
Wen Hua recounted her experience today while driving.
The confirmation from Chen Bohan over the phone drove him to silence.
He was equally perplexed.
What he couldn’t understand the most was: adding a billion for being one minute late, two billion for two minutes.
What was this, a child’s tantrum?
But they did their research, and Cheng Zhu was definitely a capable young man.
The initial arcade shop, Youu Co to Play, had actually entered the investnt circles of Hang City.
Later, everyone felt that the project was in the category of investable or not, and since the founder sold it off and didn’t continue, it beca even less valuable.
“Wendy, here’s what we’ll do, you co back to the office and let’s have a small eting,” Chen Bohan suggested after a thought on the phone.
“Okay,” Wen Hua replied.
On her way, she drove fiercely, more so than usual.
She thought Cheng Zhu didn’t understand their investnt circle at all.
The investnt circle is known to be “a very small circle”.
Most circles that are heavily tied to “connections” are indeed small.
In fact, besides connections, the investnt circle also deals with “information”.
People in this line of work very much need news!
So, it would be strange if the circle were large.
Any big news would quickly beco common knowledge.
Today’s eting and conversation with Chen Bohan and the senior partners will spread the information swiftly.
“Let’s see how you handle this,” Wen Hua pressed hard on the accelerator.
…
Inside Star City, Cheng Zhu sat in the reception room, snuffing out his cigarette.
“The investnt circle is a very small circle,” he said while on the phone with Shen Minglang, who had just flown to Yun Province to et suppliers.
Shen Minglang was taken aback: “Cousin, and you dare to talk so boldly?”
He just got really into it, thinking: Sweating yet, woman!
For Young Master Shen, he might not have 30 million in his pocket, but having grown up in a wealthy family, he thought it pretentious of others to co forward with 30 million just to show off.
But when Cheng Zhu just ntioned that the investnt circle is very small, he imdiately felt that bragging like this might backfire if spread.
“It doesn’t matter,” Cheng Zhu chuckled.
“True big shots, if they really want to cooperate, will be able to reach the figure I ntioned.”
“They are top people in the industry and will understand what I ant with what I said to Wen Hua.”
“This way, it saves the trouble of dealing with every Tom, Dick, and Harry.”
“If a VC firm of this level cos with only a few tens of millions, indeed, there’s nothing to talk about.”
“Don’t worry, as long as soone of high caliber cos knocking, within a few minutes of talking, I’m confident they’ll be more than willing to fork out the cash,” Cheng Zhu said with an assured tone.
Shen Minglang couldn’t resist comnting: “Cousin, tone it down a bit when you talk to ! We’re family, no need to show off!”
Listen to what he’s saying? Just a few minutes’ talk, and I can make them happily pay at least a billion!
Damn, I could kneel and chat with my dad for a few minutes, and I still wouldn’t get that much money!
Not even if I begged!
At the end of the call, Shen Minglang as a partner said, “Cousin, I’ll be watching closely then!”
“No worries at all, minor issue,” Cheng Zhu stated.
Ti flew, and two days passed in a flash.
Yue Lingjing, who was staying at the Technology University dormitory, received a call from her uncle in Shanghai.
“Jingjing, I’ll be in Hang City tomorrow, do you want to have a al with ?” her uncle said on the phone.
“I can do that,” Yue Lingjing, with a classical temperant and demure charm, replied softly.
“Then, uncle will treat you to dinner, and in return, you help uncle with sothing, get in contact with your classmate called Cheng Zhu, and arrange a eting with him for ,” the man said.
At the ntion of Cheng Zhu, Yue Lingjing’s cheeks flushed slightly, her grip tightening on the phone.
All thanks to senior sister Hu Yan, every ti she now thought about Cheng Zhu, not his face, but the image of a naked man from Hu Yan’s comics popped up in her mind.
“Uncle, are you interested in Cheng Zhu’s milk tea shop?” she asked, a bit extra.
“Yes, didn’t you say before that your classmate asked you to relay a ssage, to keep an eye on his new project for ? Let tell you, your classmate has beco sowhat famous in our investnt circle these past few days,” the man said with a laugh.
Yue Lingjing was definitely willing to help, but she was a bit unsure how to approach Cheng Zhu, afraid of being the middle person and causing any complications with uncle’s and Cheng Zhu’s serious business.
Laughing over the phone, the man assured, “Just tell him I want to et him, and then tell him my na, that’s it, no need to say more.”
“Once he knows the na, he can look it up on Baidu himself,” the lighthearted Partner of Pulin Capital in Shanghai said.
(ps: The second update, asking for monthly tickets to compete for today’s daily monthly ticket champion! Let’s see if we can continue the streak.
Another thing, Lin Lu’s [character] is almost one star-rated, don’t forget to like the character, and when donating, give priority to [character] donations, which also adds to the star value.)
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