Pang Jinglong was talking nonsense while drunk, but Wen Ying was not drunk.
If she had met He Zhen a month earlier, Wen Ying really wouldn't have been able to come up with much money. Apart from the 1 million yuan that Xie Qian returned and the 1.5 million yuan that Yuan Fenghui earned from helping her promote three Weibo posts, Wen Ying gave all her remaining money to Chen Ru to invest in stocks.
It's August now.
When Wen Ying went to discuss the endorsement contract with Li Mengjiao, she developed a publicity and promotion plan and sold it to the brand for 3.8 million. Later, she and Tianjiao split the profits in a ratio of 8:2 - that still left 3 million.
August is also the month for settling royalties for the previous quarter for "Teenage Idol" and "Star River With You".
"Teen Idol" sold fewer than 100,000 copies last quarter, generating less than $500,000 in royalties.
"Galaxy and You" sold nearly 300,000 copies last quarter, with royalties of 670,000.
The combined royalties of these two books are not as much as those of "Xun Yong". From its launch on February 15 this year to the end of July, "Xun Yong" sold a total of 1.25 million copies!
When the sales of "Xun Yong" exceeded 926,000 copies, the 5 million yuan in royalties that Modu Literature and Art Publishing House paid to Wen Ying in advance would have been recovered. So if the sales of "Xun Yong" reached 1.25 million copies, Wen Ying would still receive a share of 1.73 million yuan.
With Bao Lixin as a negative example, neither Chengdu Literature and Art Publishing House nor Shanghai Literature and Art Publishing House would delay paying Wen Ying royalties, and both would pay the full amount as soon as possible.
So Wen Ying now has several million in liquid funds.
It was impossible for her to invest all her money in He Zhen and continue to play the role of an investment novice, so she asked Pang Jinglong, who was already drunk, "How much money did you invest?"
Pang Jinglong said with a big tongue: "Five million, I have five million, do you have it?"
Wen Ying smiled: "I have 5 million, but I can't compete with you for the throne of the largest shareholder. Everything is based on first come first served, including investment... Then I will invest 3 million!"
These words are easy to understand if you listen to them separately.
Putting it all together, why does it feel so wrong?
He Zhen searched for Wen Ying's information online and found out that she was born in an ordinary family in a small county town and was not a rich second-generation.
The money Wen Ying has is definitely earned from writing novels.
Great writers may not be able to compete with big business owners in wealth, but they are definitely not poor!
Even so, isn't it too outrageous to casually invest 3 million in an unfamiliar person and an industry you don't understand?
"If you spend money like this, you'll easily be cheated."
He Zhen politely declined.
Wen Ying pretended not to understand: "Actually, it's easy to get scammed no matter how you spend money. From a probabilistic perspective, the chances of being scammed by someone you know are probably even higher."
——Is this what probability theory says?
Rebecca agreed with Wen Ying's point of view. "It's easier to scam someone you know well. People are usually wary of strangers, but they tend to let down their guard when they meet someone they know well."
That being said, 3 million Chinese yuan can be exchanged for more than 200,000 pounds, which is indeed not a small amount of money.
Rebecca wondered why Wen Ying trusted He Zhen.
Wen Ying said that she just had a spur-of-the-moment decision: "He's short of money, and I have money. Do I really need a reason?"
Rebecca thought about it carefully, but couldn't find any reason to refute it.
The money belongs to Wen Ying, and it is up to her to decide how to spend it.
Do we have to list reasons for every expense?
Obviously not.
"Impulse spending" always exists and has nothing to do with whether you are rich or not... Rebecca judged by her own standards that Wen Ying, who can take out 200,000 pounds in cash at any time, is definitely a rich person!
Pang Jinglong no longer clung to the railing. He took Wen Ying's arm and sat down.
"Come on, come on, let's toast to our discerning eye for talent!"
Wen Ying readily opened another can of beer and said, "Drink it if you want. Who's afraid of who?"
He Zhen suddenly had the urge to push his childhood friend off the terrace.
Rebecca opened a can of beer and handed it to He Zhen, "Honey, relax, okay? We should enjoy such a beautiful night. In fact, I have wanted to say this for a long time. You shouldn't be so tense."
Pang Jinglong paid money, and He Zhen also paid money.
With Rebecca's help, He Zhen obtained a loan of 500,000 pounds.
He Zhen had no real estate to use as collateral, so Rebecca taught He Zhen some common banker tactics - first negotiate a few patent usage rights with sincerity, persuade the patent users to accept deferred payment, and then use the negotiated patent usage rights to go to the bank for a loan. If the bank believes that these patents are valuable, it will approve He Zhen's loan application.
The bank approved it.
He Zhen used the loan approved by the bank to pay the patent royalties.
At this point, He Zhen really owned the right to use these patents.
Next, He Zhen will upgrade and package the story he told to the bank, and use the patent rights to tell the story to investors.
There will always be investors interested in He Zhen’s story.
Investors put up real money, and He Zhen used the right to use the patents in his hands to buy shares.
The investors believed He Zhen's story and were optimistic about He Zhen's entrepreneurship. They would not come to reap the profits before He Zhen's company achieved results. The investors at this period were true angels, so He Zhen had the final say in the company.
He Zhen told a good story and got investment, and the company was founded.
But newly established companies are very money-burning.
The patent obtained needs to be turned into a product and put on the market for sale, and every step requires money!
The initial investors were willing to invest more, but only if He Zhen was willing to give up his shares. Each investment reduced He Zhen's stake, and in the end, He Zhen, the founder, would own very little, becoming a "senior white-collar worker" working for the capital.
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