Chapter 304 Venture capitalists, incidentally scamming a grandson.



Make up an excuse that you're busy, and have your secretary tell the other party that you apologize and that you'll meet again in three days.

The following day, Xing Baohua met with SoftBank.

My grandson was quite handsome when he was young.

At this time, SoftBank had not yet reached a significant scale and was just beginning to show promise, so it probably didn't have a lot of funds on hand.

The other party wasn't interested in acquiring shares in mobile phones or other electronic products, but was more interested in the software park.

In the software park, Xing Baohua really didn't want to give the other party shares. At this time, giving the other party money would cost less and they would get more shares.

Once the software park has fully developed its ecosystem, each individual piece of software will be a golden egg hatched from that park. Why should the other party get a share of the hen?

It's the same old routine: setting conditions and exchanging benefits.

Moreover, Xing Baohua did not transfer the software park shares to the other party, but instead suggested several software programs for them to choose from.

This guy is best at changing round cakes; actually, it's a project he's preparing to launch once he has internet access.

It sounds like a fantasy now, but Xing Baohua can basically pull it off. Advancing and cashing out future projects is Xing Baohua's forte.

Online shopping, logistics and express delivery, transit warehouses, etc., all require a lot of effort.

It sounds wonderful, but it will take three to five years to realize it.

The undersea network cable is only at this stage. It would be considered fast if it were completed by the end of 1987.

The pie picture is done, but there are still additional conditions: the finished chip from Japan.

Finished chips are easy to obtain, but the quantity is limited. However, it would be easier to obtain them from SoftBank.

Most importantly, Xing Baohua set his sights on a manufacturer of multi-layer precision PCB production lines.

Xing Baohua sent a letter inquiring about the price.

Unfortunately, no matter how much money they offer, they won't buy the equipment; they'll only sell the boards they produce.

According to data obtained from Xing Baohua, the technology used to manufacture the circuit boards can support the stacking of up to ten layers of circuitry.

If Xing Baohua could acquire the technology to produce these motherboards, he could design a smaller motherboard.

Of course, electrical components also need to be miniaturized to function properly.

The reduction in size isn't very large; the generational gap can still be bridged by finding alternative products.

The grandson wasn't fooled by Xing Baohua at their first meeting. He would go back and think about it, and then find out more about the situation based on the conditions proposed by Xing Baohua.

However, he still expressed a strong desire to cooperate.

There are plenty of people who want to cooperate strongly, why would I give you shares if we don't have any relationship?

Only if I offer what I need in exchange can we discuss the next step of cooperation.

This is similar to how the more you lack money, the less likely you are to find it.

When you don't lack money, many financial institutions will try every means to give you money—it's the same principle.

However, Xing Baohua still put a little pressure on the other party.

"Mr. Sun, the world economy will face a major disaster this year. It's not safe to keep your money in the bank. It's better to diversify your investments. If you come to me for investment after the disaster, it will be much more difficult."

As Xing Baohua saw the other party off, he spoke to his grandson.

"Thank you for the reminder, Mr. Xing. I will pay attention. The world economy is relatively stable right now, and stock markets in various countries are growing slowly. I don't see any possibility of a collapse."

"How about we make a bet?"

How to deal with the traffic jam?

"If a global financial disaster really happens, you have to give me that equipment I mentioned. You have to get it for me, whether you steal it or rob it. Don't worry about the money, I don't need it. I just want the equipment!"

"So what if you lost?"

Without even thinking, Xing Baohua laughed and said, "I'll give you 30% of the shares in the software park under Huahong Holdings."

Seeing the other party shake his head, this grandson said, "I want 51% of the shares."

"Haha, okay, let's sign the agreement in a couple of days. But here's one more thing. If you lose and can't produce the actual product, I demand 100 times the amount in cash as compensation. Are you ready to bet?"

You investors always like to gamble. Come on, who's afraid of who? If I don't give you a piece of my mind, you won't know how many eyes the King of Horses has.

Perhaps Xing Baohua's arrogance and contemptuous tone angered this bastard.

He nodded in agreement immediately.

They agreed to sign a performance-based agreement a week later.

Xing Baohua has prepared the contents of the performance-based agreement. Both parties' lawyers will interpret the contents of the agreement, and it will only be signed and become effective after both parties agree to the terms.

They finally designed a trap for someone to crawl into.

Xing Baohua was extremely happy.

He opened a bottle of red wine and drank it by himself. He stopped smoking and found a cigar in his office that someone had given him, and lit it.

In my excitement, I took a deep drag.

That bastard almost choked to death.

He'd never smoked before, yet it went right through his lungs. He lay in his office chair for a long time, unable to recover, mainly because that puff made him a little dizzy.

One puff of smoke almost made Xing Baohua quit smoking altogether.

When it was time to meet with Sequoia Capital, the person who came was named Hendricks, one of Sequoia Capital's partners in the Asia-Pacific region.

There are many companies in Hong Kong that have received angel investment.

However, these are all small-scale operations, involving only a few hundred thousand or a few million.

They rarely make large investments and are very cautious.

They have been paying close attention to Xing Baohua's performance in Hong Kong and have always been looking for an opportunity to get involved.

Sequoia Capital prefers angel round investments and mostly invests based on the specific investor.

In other words, most of them invest in people, which brings greater benefits.

If Xing Baohua had come to Hong Kong to invest earlier, he might have been able to squeeze into the team of the Seven Young Masters and do seed round investment.

It was possible to acquire shares in Huahong Group, but now Huahong Group is no longer an option; the only recourse is to seek investment from its holding company.

The information about the car project came from the other seven young masters.

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