High School Belle Fell in Love with Me

Chapter 388 - 187: All-Out Attack on Li Yang (Part 3)

Just like stocks, there are about nine million restricted shares waiting to be unlocked, with at least over five million permanently stuck as bottom stock. The market can only trade a few million shares, with a market value of just under one billion US dollars, trading 24 hours a day, with daily turnovers of just a few million US dollars.

Such a small volume means big funds are not willing to enter the game.

Li Yang wouldn’t be able to collect much chips in the market; there’s no trading volume. Even if he swept up the market goods for three consecutive days, it’s not much money.

Moreover, continuously sweeping goods greatly impacts subsequent big funds entering the field, as big funds don’t want to lift others’ sedans.

Trading some offline for fun is feasible; they can only go the offline route. However, it’s unclear how much those people hold.

After school, a glasses-wearing man approached Li Yang and asked, "Is it Junior Li Yang? Let me introduce myself, my name is David, from the MBA class. Any chance I could get to know you?"

Li Yang chuckled and said, "Oh, it’s a senior, nice to meet you, why don’t we find a place?"

"Sure."

Afterwards, the two walked out of the classroom and sat down in the school’s restaurant.

It was Li Yang’s first time meeting David.

This name might seem unfamiliar, but he is the founder of OFO little yellow bike, which originated from Jing University campus.

He himself was pursuing a graduate degree and incubated the concept of shared bikes using Jing University campus as a foundation.

The entire Jing University is basically filled with his yellow bikes, and it’s already expanded to the entire Capital City.

This project is indeed quite formidable, arguably leading the trend of the sharing industry.

At its peak, OFO was valued at tens of billions, but eventually collapsed overnight, leaving only millions lining up for deposit refunds. Based on processing a few dozen a day, most people will have to wait for 200 years. It’s hopeless to see it alive, so they can only hope their kids won’t choose not to have children and don’t forget to inform their ancestors during family sacrifices.

This matter has nothing to do with Li Yang. David found him, likely aiming for financing, since it’s well known that he has money.

Losses are losses regardless of whom they’re for, aren’t they?

Li Yang didn’t mind seeking financing at this time, planning to leave with profits after a few more rounds.

Currently, OFO completed its angel round of financing in March, but it’s only a few million.

And now, David clearly aims to start an A round, indicating a fast burn rate, and the few million are already spent.

After chatting with David for a while, Li Yang took the initiative to bring up the little yellow bike, and only then did David express his purpose.

Indeed, he wanted financing, asking if Li Yang was interested.

But it was not the A round Li Yang imagined, rather a Pre-A round.

Upon hearing this, Li Yang admired David’s skills. The so-called Pre-A round is financing between the angel round and the A round, not affecting the A round.

Based on his approach, are there going to be A and A+ rounds to fully complete the entire A round of financing?

That’s not all; David only invited Li Yang to participate in the Pre-A round of financing, which means there will be others as well.

He wants to sell to the highest bidder.

This is utterly dark-hearted, not wanting to take more chips himself, yet wanting more money.

Many start-ups face such circumstances, as the angel round typically doesn’t raise too much money, mainly relying on the subsequent rounds of financing.

Each round of financing would require the founders to give up quite some shares.

Generally speaking, even if some are stingy, at most they’ll do a B1, B2, C1, C2 in the B or C rounds, to maximize benefits.

David, however, started directly at the A round.

Eventually, they exchanged business cards, marking the end of their conversation.

The next day, Li Yang saw his news on related articles.

"Li Yang plans to invest in OFO little yellow bikes. As students from the same Jing University, the OFO founder and Li Yang had a delightful conversation. Based on current information, Li Yang has already reached an investment intention with OFO little yellow bikes."

Li Yang: "..."

These are some marketing geniuses! This graduate study was worthwhile!

Now, the buzz around Li Yang online is huge, and OFO little yellow bikes are essentially in the founding stage. Leveraging Li Yang’s fame for such publicity, won’t David exploit it to ask for more money at the upcoming financing meeting in a few days?

After all, from something only known by Jing University’s faculty and students to something known nationwide, its fame has reached another level.

Although there are quite some little yellow bikes already in the Capital City, does David have the money to promote it? Does he have the money for ground promotions?

These days, it costs more than ten Yuan to register an account for ground promotions, and David simply can’t afford that kind of play.

But regardless, this project is certainly worth investing in. Li Yang plans to secure the so-called Pre-A round and not partake further, regardless of how diluted it gets; he’ll cash out by the D round.

Being stingy benefits him too, as long as he could participate in the Pre-A round, subsequent gains are assured.

After school that day, Li Yang went to Wanliu Capital.

He hadn’t visited for several days, his hands were itching.

After all, having Innate Massage Saint Body, he couldn’t waste such an excellent physique.

Jiang Banxia, after work, smilingly told Li Yang, "Congratulations to Master Li for investing in another future Fortune 500 company!"

Li Yang: "How do you even know about these cornered bits of news?"

"Ah, I keep an eye on all news related to Master Li, and given my understanding of you, if a company lacked potential, you wouldn’t spend a dime on it."

Li Yang, surprised, said, "You know me that well?"

Jiang Banxia, somewhat proudly, "Of course! No one understands Master Li better than I do!"

Li Yang, smiling, said, "Then do you know what I came for today?"

"Of course, it’s..."

Jiang Banxia leaned in and whispered, "Master Li wants me to treat you, doesn’t he?"

Li Yang nodded, saying, "Yes, only you can treat me, after all, my hands can’t help themselves anymore, I rely on you to satiate my itch."

"Then when I’m not around, who helps Master Li satiate his itch?"