novelraw Chapter 170 I’ll Think of a Way
Chapter 170 I’ll Think of a Way
"Oh, it’s that impressive?" Hearing what his mother said, Lin Feng was also startled and hadn’t expected the formula he came up with casually to be so formidable. According to his mother’s words, once this product was in production, it would generate huge profits, and it would also be one of those things that everyone is eager to buy; the underlying value was well understood by all!
Seeing his mother’s current state, Lin Feng also felt very happy, as his mother has always been a strong businesswoman in his memory since he was a child. After he had an accident, she sold the entire group she owned to look for him. Although he felt that his mother was very happy when he returned, he could sense that she wasn’t as joyful as she was when running her business. Unexpectedly, today he saw his mother’s confident side again and was truly happy for her!
Actually, his thought upon returning was very simple, just wishing to see the two elders healthy and happy. His father had already returned to his own place, and he had been encouraging his mother with her work, yet there hadn’t been any good projects for her to manage. Now, this situation presented itself perfectly and was handed over to his mother, which was absolutely the right move, letting her return happily to the role of a powerful businesswoman.
"Dr. Wang Bo has already obtained the world’s top assessment from the Munich Laboratory in Germany. The market outlook is incredibly promising, and once in production, it will be a monopolistic position. There were already offers of 5 billion for this formula—just imagine what the market prospects could be like!" Zhang Lan handed Lin Feng the assessment report from the Munich Laboratory, which Wang Bo himself had seen. Viewing this report written in four languages, Zhang Lan realized why this laboratory was ranked as one of the world’s top chemical laboratories. Usually, the foreign evaluation reports she dealt with were only in English, but this one was meticulously prepared in four languages, showcasing their rigor and authority.
Thinking of this, Zhang Lan was also extremely delighted. Her son’s formula was in the hands of Wang Bo, who could have easily sold the formula then and there and have spent the rest of his life in endless lawsuits with her, but he chose not to. Billions would be enough to do anything! Facing such a temptation, Wang Bo remained unmoved and instead made every effort to come back and discuss a partnership with Lin Feng. Without going into details, this rare quality and sincerity alone were enough to make him a worthy business partner!
"So that’s how it is. What did Wang Bo tell you during the day?" Lin Feng sorted out his mother’s words a bit, realizing she now had absolute confidence to do well in this matter. He had never doubted his mother’s capabilities, but he wanted to clarify what exactly Wang Bo discussed with her. Once the situation was clear, he would decide on an overall direction with his mother, leaving the rest to her.
"He talked about the value of the formula, then spoke of discussing a partnership with us," Zhang Lan answered her son’s inquiry, understanding that he wanted to know the specifics, yet she was unsure about what exactly her son planned to do with this situation.
"Did you discuss the specific methods of cooperation?" Lin Feng continued, not because he was worried about his mother being at a disadvantage, but because he felt that if Wang Bo was capable of advancing things this far, he must be a good person, and the kind you’d want as a partner for future collaborations.
"Without your consent, we’ve only talked about general matters, roughly determined the division of shares, and the direction of future development. The specifics will still need to be decided by you, because after all, you are the inventor!" Zhang Lan replied to her son, knowing that he understood business matters well, and his inquiries must have some reason behind them.
"Formal written legal authorization should be easy to handle. I’ll write an authorization letter tomorrow and give it to the lawyer, and from there on, all these matters will be entirely up to you. How are the shares divided, and what’s the planned direction for future development?" Lin Feng realized after hearing his mother’s words that to get her to deal with related matters properly, he truly needed a complete letter of authorization, but that was not a problem. The future development and division of shares were the actual issues.
"The current agreement is to enter with our technology and take eighty percent of the shares, since we don’t have the funding ourselves. To grow quickly in the future, we must plan to go public through a shell listing and become a joint-stock company, attracting more funds through the stock market to expand production capacity!" Saying this, Zhang Lan’s eyes began to shine. The shares she negotiated for were already conservative, considering some might see taking 80% of shares for just the formula as farfetched. This formula’s potential value was boundless, however.
With enough startup capital, the original value could be enhanced multiple times over, even a hundredfold in profits. The problem now was that both she and Wang Bo didn’t have much capital, and the limited production capacity was a serious concern for future development, given the vast global market. Therefore, becoming a joint-stock company and using substantial funds for a shell listing, to absorb more capital from the stock market, was an essential strategic move—a common choice for many businesspeople.
However, many businessmen hope to avoid the path of shareholding systems, because the risks of the stock market are too great. It’s easy to gamble away one’s enterprise, but currently, this seems like the only method for swift development. Otherwise, the future growth of a product would be too restricted, failing to realize its inherent value. Even if your product is good, if it can’t be bought, it’s as good as bad!
"Well, let’s keep Wang Bo’s 20% share unchanged. Let’s not get involved with shareholding. Relying on the stock market for financing through shell company listings is unreliable. Draft a business plan detailing how much funding we need and I will figure out a way," Lin Feng pondered for a while before voicing his opinion.
Wang Bo’s stake of 20% was still acceptable, not for anything else but for the value of his character, which was worth the price. A good partner is rare to come by, so nobody in their right mind would be stingy with them, as they would provide much more in return in the future.
The type of shareholding and financing via shell company listing that mother mentioned was definitely not an option. The risk was too high, especially with the stock market’s recent instability. It was absolutely dangerous to tie the fate of a business to the stock market. Besides, if it’s only capital that was needed, there were other solutions. With Senior Sister Chu Meng around, why worry about not having a source to borrow money from!
"Son, the initial cost won’t be small. I’ve roughly estimated that if we want to achieve the best effect, it won’t be possible without 3 billion," after hearing her son, Zhang Lan felt extremely helpless and perplexed. Nobody wants to go down the path of shareholding, but the capital needed is enormous—3 billion! Where else could you raise such an amount if not from the stock market?
But what exactly did the son mean by finding a way, and why is a business plan needed? Preparing a business plan is doable, but the magnitude of funding needed is just so immense. Banks won’t possibly lend that much, so where could her son secure such a hefty sum? Even after racking her brains, she couldn’t think of any place other than the stock market to get that kind of money!
"Remember that beautiful Chu Meng? As long as your business plan impresses her, money won’t be an issue!" Seeing his mother’s puzzled expression, Lin Feng, of course, understood what she was thinking. Ordinary thinking would lead to the assumption that apart from the stock market, nowhere else could one find such significant funding. But with Senior Sister Chu Meng, all this was no longer a problem. Would the leader of Cloud Fund care about 3 billion in funding? Especially for a project that could create extraordinary value.
"Ah! The pretty girl you brought home that time? Who is she? How could she have so much money?" Upon hearing her son’s words, Zhang Lan suddenly remembered the girl. She was the only girl her son had ever brought home. Although a bit older than her son, she possessed incredible talent in business. They had a great conversation then. Why was her son bringing her up now? Could her background be extraordinary?
But the son’s words seemed to suggest something else; the implication was that she wasn’t just a wealthy heiress, but someone actively involved in business operations. Otherwise, her son wouldn’t have said that as long as the business plan could convince her, it seemed even more mysterious. How could such a young girl have such an ample fortune? That is not something commonplace. She knew of a phenomenon where a billionaire would struggle to collect twenty billion in cash since their assets are usually immovable. Almost everyone in the world is like this.
So what exactly did her son mean, and who exactly is this Chu Meng, who could inspire such confidence in him? She was certainly no mere mortal, but she couldn’t think of any well-known financiers by the name of Chu Meng!
"Mom, Chu Meng is the Sect Leader of Cloud Fund. I needn’t say more, right?" Lin Feng looked at his mother’s bewildered face and smiled faintly before directly revealing Chu Meng’s identity to her, partly to dispel her confusion and partly to give her more confidence in the future developments.
"What!" Zhang Lan could never have dreamed that the beautiful girl who had visited their home for a meal, was none other than the Sect Leader of the world-renowned Cloud Fund. Any businessman in the world knows about Cloud Fund and its immense wealth. The exact extent of that wealth is unknown to anyone. Good heavens! Am I dreaming? How did she become the leader of the Cloud Fund at such a young age?