Chapter 304 Venture capitalists, incidentally scamming a grandson.



The soup itself is decent, but after drinking it, you become a little unreliable.

His reason was that the soup had a significant nourishing effect and he needed to release his energy.

If a man wants to do something good in front of a girl, lying is essential.

Xing Baohua did not stay overnight, fearing that Zhou Ma would suddenly return and it would be difficult to explain.

They're the kind of people who'd pull up their pants and run away.

Although it was somewhat ruthless, Sect Leader Zhou didn't care about that. She always knew that Xing Baohua could never belong to her alone.

As long as that person keeps her little plot of land in mind, that's enough.

Although Hong Kong has abolished some systems, the older generation still holds the traditional view of dividing the family into several branches.

This is not unusual in the industry.

The next day, Xing Baohua arrived at Hainan Holdings in high spirits. His secretary brought the appointment slip over for him to review.

The people on the list are all people who have made appointments to see him.

Xing Baohua glanced at it and saw Sequoia Capital, Salomon Brothers, KPCB, and even SoftBank.

This guy was puzzled. Why were there so many venture capitalists suddenly appearing?

Why are they all gathered together to arrange a meeting with him?

Xing Baohua stroked his chin and thought for a while. Regardless of why these venture capitalists were coming to him, they must all want to give him money.

Is Xing Baohua short of money right now?

It's scarce, extremely scarce.

But he can still hold on now. If venture capitalists come along at this point, they're out of luck with the seed round. All that's left is the angel round or Series A.

Okay, Xing Baohua will first see which of his companies these venture capitalists actually want to invest in. If the price isn't right, he can simply not sell; his company isn't even publicly listed yet, so why should he worry about a hostile takeover? But it's not so easy for anyone to invest in his company; there must be conditions attached.

Even if it becomes a listed company, it's still just a branch. The worst outcome is that the other party pays a premium and then takes a cut.

That would be tantamount to tearing off all pretenses, and Xing Baohua could turn the tables and give them a taste of their own medicine.

Large, reputable companies don't operate like that.

Xing Baohua told his secretary that he had met all these people.

Solomon, also known as the Solomon Brothers, is an investment firm that has been famous for a long time.

Two kings have arrived this time!

A man known as the King of Wall Street, Gufran

One of them became the King of Futures and Bonds, Meryl Weather.

Goufland was already well-known in the mid-1970s, and under his leadership, Salomon Brothers became one of the world's top venture capital firms.

As for Merriweather, he is currently still the head of the Salomon division.

Of course, in a few years, through several investment strategies, he will also become a renowned investor. The title of "King of Futures and Bonds" will be bestowed upon him.

These are all historical figures, but Solomon was later acquired by Citibank, and Meryl Streep started her own business.

Xing Baohua warmly received the two in his office.

There was no small talk; he got straight to the point, saying he wanted to be an angel investor in Xing Baohua's automotive and mobile phone/computer product industries.

Xing Baohua thought for a moment and said that Dami Technology does not need financing for the time being, but the automotive industry can come in.

They can come in, but there are conditions: they need to help move AMC to the mainland, whether it's technology or production lines.

Xing Baohua isn't someone who just wants to come in and play around because he has money; he doesn't lack resources. He'll always find a way to get money. What he lacks now is money for financial investment.

Moreover, the foundation has already been laid. When others bring in money, they are just hitching a ride. Why should we let you play along?

Big face?

The conditions are set out in the open. Whether it's difficult or not depends entirely on the venture capitalist's capabilities. Sometimes it may seem very difficult, but for capable people, it's a piece of cake.

Faced with Xing Baohua's conditions, Solomon's two kings were defeated.

Most people involved in finance are digitally savvy and rely entirely on their words. The automotive industry, on the other hand, involves investment within the real economy.

Unless Solomon takes the risk of buying out the entire AMC and selling it to Xing Baohua, he will not be qualified to get involved in his business.

This risk is enormous for Solomon. They dare not take the risk because there are too many unknown factors that they cannot control. Even if Xing Baohua leads them, how many shares can they get?

The initial contact was a failure, but meeting in person and establishing a relationship was a success.

When Xing Baohua saw the two off, he said that they should keep in touch if there were any opportunities for cooperation in the future.

What were meant as humble words were interpreted by the two kings as an invitation for future collaborations.

In the afternoon, Xing Baohua met with people from KPCB.

The demands made were the same as those made by Solomon.

Xing Baohua's reply was the same as Solomon's.

The only difference between KPCB and Salomon is that one of their founders is a major shareholder of Intel.

He wields considerable influence at Intel; hopefully, Xing Baohua will consider this carefully.

This carries a hint of verbal threat.

If we don't think things through properly, there's a possibility that chip supplies might be insufficient or prices might rise.

Xing Baohua never received the most advanced or best chips; they were all outdated products, two or three generations behind.

Even if we cooperate with them, can they supply us with the best chips?

Of course, Xing Baohua also tentatively asked about this condition.

Unexpectedly, the other party made an exorbitant demand: to obtain the latest chips, they wanted a controlling stake.

Screw you! I painstakingly built this business, only to hand it over to someone else?

Dream on! We've developed without chips, haven't we?

When it came time to see the guest off, if Xing Baohua hadn't had some self-restraint, he probably would have said "get lost" right away.

Big companies can bully their customers. Perhaps the other party doesn't care about its production volume, but Intel isn't ruled by the founder alone.

There will always be a way to get the goods.

Sequoia Capital is temporarily absent, probably hoping to benefit from the situation. They're stalling for now, after all, they're a well-known venture capital firm, and Xing Baohua has other plans.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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