Lu Xiaobu returned home and surprisingly found that Lu Hongbin was not there. Only Li Xide and Lu Wenhuo were in the living room!
These two were interesting, facing each other and plucking their hair!
It was like a competition, plucking each other’s hair consecutively!
Lu Xiaobu was taking off his coat with Liang Lan’s help!
Just then, he heard the two start a conversation.
"No way! I’m making one more phone call to try. I can’t believe that with such great technology we can’t attract investments!"
Lu Wenhuo suddenly stood up, bursting with excitement, and dialed a number directly.
"Hello, Lu Wenhuo, it’s you again. Haven’t I told you, your plan won’t work!"
The angel investor Hu Shengyi on the other end of the line frowned, speaking impatiently.
"Mr. Hu, please reconsider! We have mastered core mobile technology! This technology has always been monopolized by foreign countries, and now we’ve developed it on our own. This could be hugely profitable!" Lu Wenhuo pleaded.
"No means no! You say you have this technology, but who believes that? Out of ten who come asking for money, nine claim to have core technology! Why don’t you show it to me if it’s true, and I’ll invest!" Hu Shengyi scoffed.
"This..." Lu Wenhuo was stuck!
How could that be possible?
If everyone knew about it, would it still be valuable?
"See! You won’t show me and yet expect me to invest, isn’t this fraud! Has the Lu Family started doing such things now?"
Hu Shengyi shook his head, ready to hang up the call!
"Would the reputation of my Lu Family ever involve in such things?"
Being called a fraudster made Lu Wenhuo furious!
"Don’t blame me for being blunt, your Lu Family has always been in the catering business, which everyone knows is a low investment and stable profit field. If it were investment in catering, I would give money without a second word!"
"But concerning these high-risk industries now, the Lu Family really doesn’t have much of a reputation. Take my advice, stick to your small businesses!" Hu Shengyi said irritably.
His words were incredibly sharp, basically saying the Lu Family was not up to the task!
Lu Wenhuo was infuriated!
"Er... how about this! The $50 million USD investment you talked about earlier is definitely unrealistic. Considering that Lu Xiaobu has just been added to the Newcomer Rich List..."
Knowing he had spoken too far, Hu Shengyi hesitated, and finally he said, "How about this, I’ll invest $15 million USD, but I want a 30% stake in the company! What do you think?"
"Get lost! Why don’t you just rob me?"
Lu Wenhuo exploded and directly hung up the phone!
30% shares, how could that be possible?
Entrepreneurs all know that during financing, the maximum equity given to investors is usually 25%.
Exceeding this percentage, it’d be easy for entrepreneurs to lose their say in the company in future financing!
This would be nothing short of quenching thirst with poison!
Of course, if this Hu Shengyi agreed to their plan and provided $50 million USD, which is more than 300 million RMB, he might consider it.
But now, offering only $15 million USD and also wanting 30% of the shares, that was sheer extortion!
"Calm down, what’s up, second bro?"
Lu Xiaobu grabbed a can of cold cola, inserted a straw and asked.
"It’s just about the smartphone issue!" Lu Wenhuo spoke irritably: "Li Xide and I discussed, to develop a smartphone we can’t rely solely on our family’s funds, we must attract investors."
"A conservative estimate requires $50 million USD, at the very least $30 million USD, but we’ve scoured investment platforms and no one is willing to invest! They all say our family can’t hack it! It’s infuriating!"
"Yes! Young Master, what was just discussed was already pleasant, there’s even more infuriating stuff!" Li Xide was also very angry.
"Oh, about attracting investments! Then you guys carry on." Lu Xiaobu shrugged: "If it’s about spending money, maybe I could still help."
"Right, Liang Lan, please help us think of a way to see if there’s a chance to attract investment." Lu Wenhuo turned to Liang Lan for advice.
Liang Lan is Tian Jilan, she should have a way.
"I? I don’t have any solutions, you need to ask Young Master about that!" Liang Lan said with a smile.
"Him?" Lu Wenhuo rolled his eyes: "He also said, he is good at spending money, but attracting investment? Better not count on him!"
"That’s not necessarily true, it’s very easy for Young Master Bu to attract investment now." Liang Lan said cheerily.
"Really?" Lu Wenhuo said skeptically.
"If you don’t believe it, just let the Young Master make a call and you’ll see." Liang Lan shrugged.
"Xiaobu, come on, make a call, attract some investment."
With a resigned attitude, Lu Wenhuo pulled Lu Xiaobu over.
"What? I won’t make the call. If I fail to secure investment, you’ll blame me again." Lu Xiaobu sulked and disagreed.
"Come on! Stop stalling! Anyway, it’s already , could it get any worse? You won’t be blamed either way!"
Lu Wenhuo dialed Hu Shengyi’s number and handed it to Lu Xiaobu.
"Young Master Bu, just tell him to take another look at the Newcomer Rich List." Liang Lan said with a smile.
"Fine, fine." Lu Xiaobu said reluctantly.
"Hello? Lu Wenhuo, aren’t you done pestering me yet!"
Hu Shengyi’s irritable voice came over: "I was thinking of giving you fifteen million, now, not a single dime!"
"Er... this is Lu Xiaobu, no money then, no worries! Just take another look at the rankings on the Newcomer Rich List," Lu Xiaobu said nonchalantly.
After that, Lu Xiaobu hung up the phone.
He then turned to Lu Wenhuo: "See, I told you, I can’t handle attracting investment!"
Lu Wenhuo sighed: "Sigh!"
Lu Wenhuo’s phone rang again.
As soon as Lu Wenhuo picked up, Hu Shengyi’s urgent voice came through: "I’ve decided to agree to your investment plan, invest fifty million US dollars! We only need twenty percent of the shares, what do you think?"
Lu Wenhuo was stunned.
Wasn’t it thirty percent for fifteen million just a moment ago!
Did something happen?
"Is it too much to ask for that much of a share? We can negotiate. How about fifteen percent?" Hu Shengyi hastily suggested.
Now Lu Wenhuo was even more shocked, almost in a fluster!
Ecstasy filled his heart, he immediately wanted to agree!
"Hold on!" Liang Lan smiled and stopped Lu Wenhuo, taking over the phone: "We’ll think it over and call you back."
"No, no, ten percent! Ten!"
Before hanging up, Hu Shengyi’s final pleading voice came through.
His tone was almost begging!
Just like how Lu Wenhuo had been begging for an investment moments ago.
However, now it was him begging to invest in Lu Wenhuo!
Lu Wenhuo and Li Xide were both dumbfounded!
The two stared at Lu Xiaobu, who was drinking a cola, completely shocked!
Lu Xiaobu made one phone call, said one sentence, and the situation dramatically flipped around?