After Being Rear-Ended by a New Car, I Became the Richest Second-Generation Heir

Fang Yuan transmigrated to a parallel world, only to discover that his original self, despite being a rich second-generation heir, had to live the life of an ordinary person! He drove a used car an...

Chapter 108: Starting a New Project - Angel Investment

This proves that there is a demand for shared bikes. Moreover, the demand is huge. After all, college students will not buy an expensive bike just for a few years of college life. "

Guan Yingying fell into deep thought, and when she was telling her story, she also found many problems.

"From my perspective now, that pain point does not exist. Convenient transportation and the last mile of parking. These are all false needs.

It is only in the college market that we can see temporary profits, because college students do not really need to ride for long distances.

We didn’t invest in many bicycles, and we could only make money at a relatively low cost. When we invested in other universities, we found that they also made money. Our angel investor at the time asked us to quickly raise the A round of financing.

Originally, I thought that after the A round of financing, I would become a legendary entrepreneur. But I didn’t expect that the A round of financing would almost wipe me out. ”

Fang Yuan listened quietly, and he was also listening to Guan Yingying's experience.

When the whole thing stopped, Fang Yuan didn't realize Guan Yingying's role in starting the business.

He began to doubt whether the shared bicycle was actually invented by Guan Yingying?

"And then? How did capital bully you?"

Fang Yuan was more curious about this.

Guan Yingying smiled bitterly: "Haha, it turns out that I had already fallen into a trap when I was an angel investor. I didn't understand the trap in the contract at all. At the moment I signed the contract, I only had 30% of the shares in the company.

Mingming, the angel investor told me that he and my professor were old friends. He felt that our project was good through my professor, and he wanted to use their experience and funds to help us succeed faster.

Bah! This idiot actually cheated me in the contract. I thought the professor’s old friend wouldn’t cheat us!”

Guan Yingying gritted her teeth and stamped her feet in anger.

This was also the first time Fang Yuan heard Guan Yingying swear.

Even though he just called him an idiot, Fang Yuan actually found it inexplicably cute.

Guan Yingying was furious, and her JK shirt actually started to billow.

“After the A round, my shareholding was once again reduced. The various capital companies that raised funds in the A round demanded to intervene in the company’s development. I disagreed, but I didn’t have enough shares.

After the B round of financing, I was kicked out. The entire shared bike project has nothing to do with me anymore.”

Guan Yingying's pair of lively eyes were actually filled with mist.

“The second time I started a business, I still chose to start a small business. After the first failure, I stopped living in the dormitory. I was kicked out of my own business project because my roommates would only make sarcastic comments all day long.

I rented a house outside the school and started to cook for myself. Later I found that there were no fresh vegetables in the market when I came home from school every day, and there were no vegetables I wanted to eat.

I was wondering if I could pre-order a dish and pick it up after school.

At first, I thought I was the only one who had such a need, but since I started picking up food after school, many office workers have started asking me how I ordered it.

I just realized that there is a huge demand for this. Students and office workers don’t have time to go to the morning market.

So, I started my second business. This time, I started my own business. But this time, there was still a big boss in the industry who was called conscientious and wanted to make an angel investment in me.

I thought there would be no problem this time, and I even asked a lawyer to help me check the contract to see if there were any problems.

After getting the no-questions-asked, I signed the contract and everything went smoothly. But when it came to the A round, the big boss started to set traps, through the gambling contract, deliberately designed a goal that was impossible to achieve, and took away most of my equity.

This time, I was defeated by the capital and was swept out. So, is someone like me qualified to run your angel investment company, Yuan?"

Guan Yingying laughed at herself, her tone full of self-blame.

Fang Yuan raised his eyebrows. He didn't expect that Guan Yingying was also an entrepreneurial genius.

But to be honest, these two projects are both very good projects.

Unfortunately, they all lost to capital under Guan Yingying's operation.

This shows that Guan Yingying is not suitable for investment at all.

She is fit and is leading the charge.

That is to say, now Fang Yuan puts Guan Yingying in the front stage to do things.

If Guan Yingying were to be transferred to investment, what would be managed would be capital.

I guess she can't make it.

Thinking of this, Fang Yuan's mouth corners slightly raised.

"Guan Yingying, you have to believe in yourself, just like I believe in you."

Guan Yingying was stunned, her eyes widened and her pupils were trembling.

She repeated softly, "I want you to believe in me just like you do."

Guan Yingying couldn't suppress her joy. She lowered her head and didn't dare let Fang Yuan see her hot cheeks.

"Yuan, do you really believe me?"

Fang Yuan nodded immediately: "Of course, look, you have successfully completed two projects with me. In these two projects, you have not violated my trust in you."

Fang Yuan gritted his teeth more and more as he said this.

Fortunately, Guan Yingying lowered her head and did not see the expression on Fang Yuan's face.

Fang Yuan really didn't expect that Guan Yingying would basically succeed in each of the two projects she was working on.

This success rate is simply terrifying.

Therefore, Guan Yingying must be removed from the Lighting Investment Co., Ltd.

Guan Yingying clenched her fists. She had been defeated twice by those capitals.

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