Chapter 203: Chapter 169: A Bright Future
Last time, through an introduction from a friend of his friend Ji Hua—General Manager Li Man, who worked in engineering—he’d had the opportunity to meet the incredibly well-connected Gao Yue!
She was rumored to be close friends with the Sect Leader of Junxiao Investment Group, which had recently been investing in a host of high-tech enterprises.
Hou Fei couldn’t help but get ideas. ’If I have a project and the funding, I can strike out on my own. With all my knowledge and skills, there’s no way I’d do a worse job than Feng Feifei!’
’She can pull off projects worth hundreds of millions, or even billions. Why can’t I?’
’As long as I can lock down some investment money, I can go out and be a founder and CEO. Wouldn’t that be better than just working for someone else here?’
’The salary here isn’t low, but for a vice president like me to be pushed around by that bastard Chen Xiao every day... It’s unbearable!’
He sent a message to Gao Yue: "Hello, Ms. Gao. This is Dr. Hou, from the dinner we had a while back. I have an excellent project and am looking for investment. I’d like to schedule a time to meet with you."
After waiting for a long time with no response, he suddenly grew uneasy. He was so anxious about the outcome that he couldn’t even handle his work properly.
An hour later, Gao Yue replied: "Send me the BP."
Yes! Hou Fei jumped up in excitement.
He immediately called Yuan Kai, who was out discussing business and wasn’t at the company.
"Yuan, about that thing we discussed, I just reached out to Ms. Gao, and she agreed to help! As long as we can get this 20 million, our venture will take off!"
Yuan Kai was surprised to hear how smoothly things were going. ’No wonder they said Ms. Gao was so influential.’
He had no way of knowing the details of Hou Fei’s conversation with Gao Yue, so he took him at his word.
"Congratulations, President Hou!"
Hou Fei said, "This is good news for both of us. From now on, I’ll handle the tech, and you’ll handle the market. As the founding team, we have to be united. It can’t be like it is here, with so much internal friction!"
"Don’t worry. Once this takes off, I plan to set aside 15% of the equity to reward the sales team. I think this project of ours can go public within two years. By then, we’ll all be financially free!"
As Hou Fei painted this grand blueprint, Yuan Kai couldn’t help but be drawn in.
He’d earned a lot in bonuses at Dr. Feng’s Robot, thanks to Chen Xiao, but who wouldn’t want an even better life?
He and Hou Fei had discussed it before. Hou Fei admitted that he lacked business acumen, but he knew technology. That’s why he said he and Yuan Kai were the perfect match.
Yuan Kai thought, ’If that’s the case, then when we start the company, Hou Fei will have to rely on me. I’ll definitely have more freedom and opportunity than at Dr. Feng’s Robot!’
Especially when Hou Fei said Ms. Gao had already promised to help him secure 20 million. Hou Fei had told him about their plan for a robotics project: they would seek 20 million in initial funding in exchange for 10% of the company’s equity.
In other words, the company would have an initial valuation of 200 million. And since Hou Fei had promised him 15% of the equity, that meant he’d be starting out with a stake worth 30 million!
And that was just the angel round. When they got to Series A, Series B... all the way to the IPO... ’My god,’ he thought, ’what a blissful life. It’s amazing just to think about it!’
"By the way, President Hou, when did you write up the BP?"
’Hou Fei hadn’t even asked him to do any market research, so how did he write the market-outlook and competitive analyses for the BP?’
"...I’m going to work on it tonight!"
Yuan Kai was stunned. ’Ms. Gao is so incredible she can arrange a 20-million-yuan investment without even needing a BP?’
But then he thought about Junxiao Investment Group’s recent major moves in the market, throwing around billions at a time. ’Twenty million must be pocket change for them.’
Chen Xiao was cruising around the city. He had originally planned to go to Yunfeng Building, but then he remembered that Xu Gang from Junxing Auto was supposed to come give him a report today.
As the sector that had received the most investment from the group, the automotive division was naturally the one Xu Wu had poured the most heart and soul into.
Chen Xiao had already assigned people to file patents for the motor and electronic control technology he’d received from the System. Since they were utility model patent applications, the process was relatively fast and was expected to be completed before February.
’Anything from the System is guaranteed to be top-quality,’ Chen Xiao thought. This technology was ahead of its time. With this boost, he believed that next year’s Junxing M7 would be unstoppable.
Feeling lazy, he didn’t head back to Junxiao Investment Group, going to Junxiao Square instead. He didn’t know what was going on with him; the more time he spent with Zhao Xiangjun, the clingier he got.
’The moment I have free time, I want to see her. Are all beautiful women this addictive?’
He parked his car in the Junxiao Square garage and sent Zhao Xiangjun a text: "Come out and receive your emperor!"
Then, with time to kill, he ambled onto an elevator and rode it up into the square.
This was his first visit since it had been renamed Junxiao Square. His interest suddenly piqued, he decided to take a good look at his "family estate."
Zhao Xiangjun texted back: "You’re at Happiness Garden?"
Chen Xiao was completely baffled for a second. Only then did he remember Zhao Xiangjun mentioning last night that she was going to visit her grandmother today.
’Damn my brain,’ he thought. ’I was so busy playing ’horse battle’ all night that I didn’t remember a thing!’
’Well, since I’m already here, I might as well look around for a bit. I can go upstairs to see Zhao Hui later.’
Junxiao Square had recently distributed a large number of cash-back vouchers, so the foot traffic inside was huge—much heavier than it had been back when it was Jiangzhou Wansheng Square.
All the stores were making a killing. Even that poor sap Xia Bin, who was about to pack up his shop, had seen good business the last couple of days.
However, since Four Seasons Clothing had to shoulder 80% of the cost for the cash-back vouchers, and since the promotion at its Junxiao Square location had to guarantee the lowest prices in the entire city, Four Seasons Clothing was the one truly taking the hit on profits.
Furthermore, because all five of the Four Seasons Clothing stores operated on a revenue-sharing model, the mall took a cut of their increased sales. In the end, they had basically just joined in on the excitement only to get fleeced by the mall.
Looking at the thriving, prosperous scene, Chen Xiao felt quite satisfied. After all, the 10 million in vouchers for the entire year had been freeloaded from the System.
’I can pull this kind of stunt every month from now on,’ he mused. ’What other mall in the world would dare to pour this much money into marketing?’
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