Chapter 369 ByteDance



"It's delicious, right? Then eat more. Sister-in-law knows you like to eat this, so sister-in-law specially cooked a little more tonight. Don't worry about not having enough, there's more in the pot."

Lu Zhenwei was very pleased to see Zhao Xukun eating voraciously.

"You're welcome. When you come to my sister-in-law's place, treat it as your own home. Eat whatever you want and say whatever you want."

"Come on, Xiaoxuan, pick up some meat. Don't just keep eating the vegetables."

Seeing that Su Zixuan's chopsticks were still in the dish, Lu Zhenwei immediately said to Su Zixuan.

"Sister-in-law, I'm trying to lose weight recently and don't like eating meat."

Su Zixuan said with a wry smile on her face.

"Well, why don't you try the sweet and sour pork ribs made by my sister-in-law? These sweet and sour pork ribs are really good."

Zhao Xukun recommended it to Su Zixuan while eating.

After hearing what Zhao Xukun said, Su Zixuan also picked up a piece of sweet and sour pork ribs to try the taste.

"Well, it's really good, sister-in-law. The sweet and sour pork ribs you made are really tender. The sweetness and sourness are just right. It's delicious."

Su Zixuan tried it and immediately gave a thumbs up and praised it.

"Come on, Brother Zhao, drink, drink!"

President Guo handed over the glass and drank with Zhao Xukun.

....................................

After three rounds of drinks, only Zhao Xukun and President Guo were left at the table drinking and smoking. Lu Zhenwei and Su Zixuan both went to sit in the living room outside. It was a rare occasion for a new guest to come to the house, so Lu Zhenwei of course had to treat the new guest well.

After drinking a glass of Maozi wine, President Guo turned his head and whispered to Zhao Xukun.

"Brother Zhao, last year I paid special attention to your account at our bank. On the last day of last year, you actually took out 200 million US dollars to invest in a company called ByteDance, which is overseas. You invested so much money, aren't you afraid of the huge risk?"

December 30, 2016 was ByteDance's fourth round of financing, with the total financing reaching 1 billion US dollars. President Guo always asked product manager Hu Yanxuan to pay attention to the investment direction of Zhao Xukun's account. Starting in December last year, Zhao Xukun had a round of phone calls with Hu Yanxuan.

During the call, Zhao Xukun asked Manager Hu to invest 95% of his bank's funds in ByteDance's fourth round of financing on December 30.

Manager Hu initially tried to persuade Zhao Xukun that the risk would be enormous and that their bank could not afford the risk of Zhao Xukun investing in such a small company. After several phone calls, Manager Hu felt that Zhao Xukun's idea was too bold and that Zhao Xukun was a man who would complete what he had decided to do.

Finally, Manager Hu completed all the formalities. When it came to President Guo's turn, President Guo was really shocked when he saw Zhao Xukun's big move this time. He knew Zhao Xukun's vision and views clearly. In the previous few months of investment, Zhao Xukun also made a lot of money with his vision and analysis of the stock market.

In this fourth round of financing for ByteDance, he basically put all his money into it, which surprised President Guo very much, so he also became interested in ByteDance. President Guo has a wide network of contacts in this position, and in less than half a day, he found out about ByteDance.

After several rounds of financing, the company has raised a lot of funds, but President Guo is the kind of person who is 100% sure, and he is not very optimistic about this company.

"Old Guo, I'm getting angry when you talk about this. The funds I deposited with your bank belong to me alone, right?"

"Yes, that's right. This is your personal fund, Brother Zhao. What's going on?"

"Last July, I went to your bank to open a super member account. You promised me all the priority procedures. But you should know that last December, I asked my personal secretary for bank products, Manager Hu, to help me raise 200 million US dollars for ByteDance's fourth round of financing."

"You actually took me seven days just to review the funds. Tell me, is that reasonable? If I put this money in your bank, does it still belong to me?"

Zhao Xukun had been very angry about this matter for a long time, but fortunately, all the procedures and documents were completed before ByteDance's fourth round of financing, otherwise, Zhao Xukun would have missed this huge fortune.

President Guo said with a forced smile.

"Brother Zhao, if you were to go through these procedures with one of the four major domestic banks, each would have to go through the same process. This is stipulated by the higher-ups. Your $200 million investment in ByteDance's fourth round of financing required countless meetings, large and small, to assess the risks of this investment. Our bank also held several meetings to discuss and assess the risks. For some ordinary users, just going through these procedures would take at least two weeks. I've already used my connections to expedite the approval process for you."

"These are all necessary procedures, and they reflect the direction from above. The amount of money you've deposited with us isn't small, but it's over 200 million US dollars. Naturally, we must carefully manage the risks. Please understand our work."

Zhao Xukun was already cursing in his heart when he heard what President Guo said. If he had known that they would be so slow in doing things, he would have thrown 1 billion yuan into China Merchants Bank. He heard that China Merchants Bank's service was very good, many times better than that of other banks.

"Hiss, Brother Zhao, I have something to say but I'm not sure if I should say it or not."

President Guo's expression immediately became serious and he stopped smiling playfully.

"If you have anything to say, just say it directly. There's no outsider here, just the two of us."

President Guo placed one hand on the back of Zhao Xukun's hand, patted it gently, and said seriously.

"Brother Zhao, I think we have a pretty good relationship, so I'll give you a hint."

Zhao Xukun was attracted by President Guo's actions and words, and said.

"Old Guo, what do you want to say?"

President Guo said mysteriously.

"Brother Zhao, a friend of mine in the US, who has a friend who's a senior executive at this company you're so optimistic about, let slip a message these past few days. According to several internal company meetings, this company's fourth round of financing was just a lot of noise, but little action."

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List