mijobooks Chapter 456: Having successfully secured funding, he completely revealed his hand!
Chapter 456: Having successfully secured funding, he completely revealed his hand!
Chapter 456: Having successfully secured funding, he completely revealed his hand!
Seriously, when the announcement of the soda company's financing appeared on the big screen on the stage, everyone went wild, and the live stream chat was flooded with comments in that instant.
Everyone was drawn to the figure of 500 billion.
Especially Chan Kam-ching's die-hard fans were all stunned and questioned:
"Am I seeing things? My brother needs 500 billion in funding?"
"When did my brother become so awesome?"
"My brother suddenly became incredibly rich, and I feel so bad!"
"I'm also very sad. I can't bear to see my brother doing so well."
"Sigh, how am I supposed to tip my brothers now?"
"..."
Honestly, everyone has always felt that Cheng's live streams are a lot of fun, and they enjoy watching Cheng's live streams and seeing him flirt with girls. Although they know that he is streaming less and less, and everyone knows that he is definitely not short of money now, they really did not expect that he is this rich.
The news that Chen Jincheng was going to use 37.2℃ to raise funds and value the company at 500 billion yuan spread like wildfire.
The next day, the news went viral on various platforms and websites, becoming headline news.
One website even gave it a huge headline: 500 billion.
And then there's Tencent News, which is controlled by Tencent Pictures, and they gave it a sarcastic headline: "500 billion? Is it a legend, or naivety?"
It seems like there's no problem, but if Chen Jincheng's fundraising at a valuation of 500 billion yuan fails, then the word "naive" can be used to mock him at will.
Huang Zhen was in his office, constantly watching the news related to this matter.
Honestly, hearing this news suddenly was quite upsetting.
Although he had heard that some investors were willing to raise 500 billion yuan for Ershixingchen, he never expected that Chen Jincheng's lousy liquor company would also want to raise 500 billion yuan.
He had fought with Ershixingchen Film and Television twice, and although he lost face both times, he still dared to arrogantly say that Chen Jincheng was nothing on the film and television platform, and that he had just made a mistake due to bad luck.
Next time, he will definitely be able to defeat his opponent with "Joy of Life".
But now it's as if his status is completely unequal to Chen Jincheng's.
He's just the head of Tencent Penguin Pictures, holding a small share, while Chen Jincheng is a major investor.
Although the other party was the owner of the Second Starry Sky, and in terms of status, he was definitely higher than him, the other party did not reveal his cards so directly. Without revealing cards, even if it is a royal flush, there is no direct impact.
The assistant reminded him, "Mr. Huang, what if Chen Jincheng succeeds in raising funds? After all, he's making such a big fuss about it, so he must be confident."
Upon hearing this, Huang Zhen snorted and said, "Then I'll stop mocking him from now on. I'll beat him in terms of the show's performance, and he won't have anything to say then, right?"
Clearly, his voice lacked some of its previous confidence.
Even after being reminded by her assistant, her voice became somewhat hesitant.
Wangzai, who had been watching Cai Xiaoyi's live stream, naturally saw this scene as well, and at that moment, he felt like he couldn't breathe.
He already knew that there was a big gap between him and Chen Jincheng, but he did not give up his ambition to surpass Chen Jincheng.
But what's the point of this stunt?
500 million?
If he actually helps the other party secure funding, what will he use to pursue them? His ass?
Wangzai suddenly felt uncomfortable all over his body, as if all the cells in his body were undergoing plasmolysis.
Many people saw this news first thing in the morning.
In his office, Lin Hao hugged Ms. Mikami and reminisced about the past, saying, "Yua, do you know when your dad met him? Really, back then he was just a small internet celebrity, and I was just a rich kid. Now he's going to become a super tycoon, and I'm still a rich kid."
But Mr. Mikami comforted her, saying, "You're still my daddy!"
"Then Daddy wants to fuck you!" Lin Hao said viciously, though he was still quite satisfied with his teacher's words of comfort.
When Yuan Peng saw the news about the OST, he remained silent for a long time.
He said to the two people beside him, "If this financing is successful, we will have to look up to Chen Jincheng forever."
The two executives exchanged a glance, looking somewhat embarrassed upon hearing this.
It seems they've always looked up to Chen Jincheng and Er Shixingchen.
Yuan Peng remarked with emotion, "Even if Chen Jincheng succeeds in raising funds, we can still proudly say that we once competed with him in the MCN field."
The two senior executives felt even more ashamed.
Mr. Yuan, aren't you embarrassed to say this?
Do you know our OST, Second Star?
They probably don't know that they competed with our OST team, right?
Linhai City, Century City.
Lei Bin, sitting in his office at Wuyou Media, also saw the news about the 500 billion valuation and financing. This made him subconsciously look up at the Ershixingchen Building not far away.
Although he felt that he and Wuyou Media had always been in the shadow of Ershixingchen, and it seemed that whatever they did would be preempted by the other party, he reconciled with himself after seeing this news.
If the other party successfully secures funding, it seems like an honor to be in the shadow of such a figure.
Just as the news was about to explode online, the 37.2℃ Soda Wine Company in the Jin Mao Tower had already attracted more than a dozen teams.
The financing planning team of the Rice Group was responsible for receiving these teams, who were naturally financing teams sent by investors who were interested in raising funds.
These investors were all selected and reviewed by the Rice Group's financing planning team, and are the most suitable shareholders for the Soda Wine Company.
When these financing teams arrived, Chen Jincheng, the boss, was naturally present, as was Lei Xiaojun, who came as an advisor.
An identity without any flaws.
It's true, if Lei Xiaojun were willing to be a financing advisor for any company, those companies looking for funding would line up to invite him; it's just that those companies aren't qualified to invite him.
When Chen Jincheng met the financing managers of these capital firms, he said, "Everyone, welcome to 37.2℃ Beverage Company, this way please."
The heads of the financing teams were all very polite to Chen Jincheng, and they also greeted Lei Xiaojun, who was standing next to him, politely.
At the same time, these people were also very surprised by the relationship between the two.
Everyone says the two have a good relationship, but it's a bit too good.
Because both financing teams were very professional, the financing process went very smoothly. Moreover, these investors were all interested in financing, and after three days of negotiations, they basically decided to raise funds and signed a letter of intent.
There are a total of 6 companies, with the lowest securing a 5% stake, as a 5% stake is required to gain a seat on the board of directors.
The highest-funded firm raised 15%.
The sale of 45% of the shares of the 37.2℃ liquor company will result in six more directors. Once the financing process is fully completed, a new board of directors will be established.
At that time, representatives from various investment firms would also be sent over. The firm that received the largest investment had an additional requirement: they needed to send one person to serve as a vice president. This was a common practice, and Chen Jincheng did not refuse.
The main reason is that he doesn't care about the soda wine company. After this round of financing, around next year, major liquor brands will release their own soda wines, which might impact the valuation, potentially making it lower than this 200 billion yuan financing.
However, if he had the opportunity to obtain any products from the system that could be used by the liquor company, he wouldn't mind using them to stabilize the valuation of the soda liquor company, or even to directly go public.
As for why not start a separate company?
There's no need. At that time, or even after he successfully swallows the dragon, it makes no difference whether he has one more company or one less company, or more or fewer shares.
Look at Ma Da Lao and his ilk, how many shares do they actually own?
Once you reach a certain level of wealth, there's actually no difference between being number 10 on the rich list and being the richest person. With stock market fluctuations, the number 10 might become the richest person, and the richest person might become number 10.
At a certain point, it all comes down to connections and background.
Those leading companies that have raised so many shares, which one of them doesn't have a powerful backer?
Those with connections cannot participate in business operations or make public appearances, yet they still exist. Relying on their connections and influence, they can amass immense wealth, often surpassing even the richest individuals on the official rich lists.
Take Mr. Ma, for example. How many shares does the other party actually hold?
There is a capital fund that holds three times the shares of him. This capital investment fund has also invested in many other leading companies, holding a large number of shares in them. So guess how much wealth the person or the background force that this capital fund holds 40% of the shares has?
But nobody dares to calculate these things.
Therefore, when Lei suggested that Second Starry Sky raise funds from the capital in Beijing, he had no objections whatsoever. In fact, after he successfully swallowed the dragon, he would need to refinance and relist the company, issue some shares, and attract two more such background capital investors.
Once the letter of intent is signed, the financing is essentially secured.
However, the details of the process will take some time.
Given the current situation of the soda company, its finances are simple and clear, and it should take about a month to complete.
Of course, at this point, it's basically safe to announce that the financing has been successful.
"Everyone, the contracts have been signed. Let's go have some tea first. The company has prepared a dinner party for you all tonight." Chen Jincheng invited the capital managers after signing the contracts.
These people were naturally very polite.
That very evening, news spread that Chen Jincheng had hosted six business executives at the largest and most upscale restaurant in Linhai City, and videos of the event even circulated online.
This already indicates some signals.
Moreover, it was a signal that surprised everyone: Chen Jincheng had successfully raised funds.
Sure enough, the next day, Chen Jincheng once again topped the trending searches across all platforms.
Chen Jincheng's 37.2℃ Beverage Company has successfully secured a 500 billion yuan financing round, which has officially entered the process and is expected to be completed within a month!
We have witnessed the birth of a young legend!
He rose from humble beginnings to prominence in this new era; who says it's impossible for children from poor families to succeed? His 500 billion valuation speaks for itself!
The news was everywhere.
Chan Kam-ching has completely revealed his hand; he is now a super-rich man.
When Wangzai saw this news, he smashed his computer to pieces. He had done another live-streaming sales event the night before, and the previous incident had a significant impact on him. He had previously achieved sales of 30 billion yuan, but this time, even with Douyin's full support, he only achieved 25 billion yuan.
This was unacceptable to him.
Even his sales figure of 25 billion yuan didn't cause a stir online; nobody paid attention to him anymore, everyone was focused on Chen Jincheng.
"Damn it, this can't be! We can't break Chen Jincheng's record of 5 billion in sales. How can we surpass him?" Wangzai was unwilling to give up and immediately instructed his assistant: "Have President Hong prepare more sweet soup products. This time, the price should be lower. I'll make a big splash at my next video sales carnival."
"And for those ten or so products from before, I told them I could sell them through video sales, but they had to offer my fans the best prices so I could encourage them to make a purchase."
The assistant was shocked to hear this: "Boss, forget about Mr. Hong's sweet soup. Those products all have serious problems, and some are even harmful."
"So what?" Wangzai said viciously, "Fans are all idiots. Do you think they can tell the difference between good and bad products? Do you know whether the products are up to standard? Haven't you seen those unscrupulous merchants selling them formaldehyde mattresses, and people still treat them like treasures?"
"No one will know if you sell it once. The key is that these items have a high unit price, which can boost the total sales volume. Do as I say!"
Seriously, if he wants to break Chen Jincheng's record of over 50 billion yuan in video sales, this is the only way he can do it.
He still harbored the illusion that he could surpass Chen Jincheng.
Upon hearing this, the assistant hesitated for a moment before taking action. However, he had a feeling that something serious was about to happen, but as an employee, he didn't have the ability to make any decisions.
Shanghai, a film and television shooting location.
Yang Mi joined the cast of "Love and Redemption".
She was there to visit Leba on set, of course.
Since the other party is her artist, she, as the boss, naturally has to care.
After meeting, the two discussed the script and some of Leba's upcoming work. There were some jobs that Leba didn't want to take, so they were given to other artists or politely declined.
"Boss, did you see today's news?" Leba couldn't help but ask after finishing their business. "Chen Jincheng actually succeeded in raising funds, with a valuation of 500 billion!"
Upon hearing this, Boss Yang jokingly remarked, "Shouldn't I congratulate you? You've hooked up with a super-rich tycoon. As long as he's willing to support you, you can still operate within this circle, but you can also break free from its rules."
Leba said with a mischievous grin, "He will definitely support me, and he always supports me very strongly. He can do it many times in one night, and he can still support me the next day."
The sudden turn of events left Mr. Yang speechless, as he opened his mouth and said, "When did you become so crooked, girl?"
Leba said with a smile, "Boss, want to give it a try? He's really amazing, he can make you fly."
"Really?" Yang Mi asked.
"Boss, your attitude is wrong. You don't really want to try it, do you?" Leba immediately glared at him.
This looks a bit bad. Did the boss take her joke seriously?
So, she subconsciously asked, "Boss, next time I'll ask him if he's sexually interested in busty female celebrities who have given birth?"
"Get lost!" Yang Mi snorted.
Seriously, if she were back in 11-14, she would have gone on a killing spree, wouldn't she?
Alas, time flies and can never be turned back.
My new book is titled "I'm a Popular Online Photographer, My Name is Teacher Chen".
It's already 15 words.
Everyone, let's start the killing!
thank you all!
(End of this chapter)