King of Capital

Chapter 79: Rich Country Bitch

Yunnan, the City of Spring.

The sun slowly jumped out of the horizon, and the dawn in late summer always comes later than in the mainland.

“Mr. Cui, we are a young investment institution, but because we are young, we have unlimited possibilities. We are also more patient than the leading institutions in the industry to grow hand in hand with the Budu brand.”

In the hotel's buffet breakfast room, Prince Wang was looking at his phone in silence with his head down, while a middle-aged woman with a capable temperament and a dignified appearance was talking beside him.

Cui Aliu sat opposite the two of them, wearing a loose men's suit jacket on her shoulders. She behaved calmly, smiled without saying a word, and listened quietly. She now had the capital to do so.

Because she made a drastic decision to personally resolve the emotional conflicts within the founding team, and understood what Xie Jingxing said - milk tea is an entire industry chain, and Budu has the opportunity to become the supplier of tea raw materials for the entire milk tea market.

Since we can become the raw material supplier for the entire milk tea market, can we further imagine forming a systematic sales channel for finished tea?
However, she was able to figure this out with the help of Sun Tao, the direct investment fund manager of Juntai. Mr. Sun personally came to her house to give her advice and persuade her to cut off her emotional ties. As long as the emotional conflicts of the founding team were resolved, Juntai was willing to invest money.

With the fatal problem solved and promising business prospects, Juntai is not the only one who wants to invest in Budu in the past half month. Taihe, Proust Capital and even Today Capital have also come to talk.

But Cui Aliu could not make up his mind. His thoughts wandered far away, and the woman in front of him finally stopped preaching.

She collected her thoughts and said lightly, "People in the industry say that Pu Si has a tough and sharp style. I think Mr. Jin deserves half the credit for this. You really make it difficult for me."

"Mr. Cui, you are too polite. I know that some of my peers in the industry say that we are lone wolves in the Pusi style and don't like to share."

Jin Xiu paused for a moment, smiled and continued, "But in fact, based on my years of experience in the industry, many start-ups fail largely because the backgrounds of their investors are too complicated."

"Thank you very much for sharing your experience. I will consider this carefully and give you news tomorrow night at the latest."

Cui A Liu glanced calmly at Master Wang who remained silent the whole time, hoping that he could say something. Unfortunately, there was a gap among the super rich second generations. The one with the surname Xie was a typical financial type, but this one was not easy to evaluate.

Wait a little longer. I heard from Mr. Shen from Taihe that Mr. Xie will come to Chuncheng today. Have a face-to-face meeting with him before making a decision.

After watching Cui A-liu say goodbye and leave, Jin Xiuqi's stomach ached and he took a big sip of milk from the mug, then banged the mug on the table: "Brother, what are you thinking about?!"

“Who do you think was the one who scolded me on Weibo last night, that idiot Xie Jingxing or his lover?” Young Master Wang finally raised his head.

Jin Xiu was speechless and held her forehead with her hand: "Boss Wang, we are here to discuss the project. Do you believe that Cui A Liu will go to see Shen Xin of Taihe as soon as he leaves this door?"

"Then tell me, what does she want from us?" Prince Wang finally concentrated and asked.

Jin Xiu thought for a moment and said, "As for personal connections, the founding partner she kicked out had some influence in Chuncheng, and many of Budu's social resources were integrated with the help of that partner."

"Yes, didn't you say last night that all three Budu stores in KM City were investigated?"

Prince Wang asked disdainfully: "Who has more resources than us in this regard?"

The process of Cui Aliu kicking out his partner Peng Chuanming was not friendly. The latter's revenge made him feel embarrassed. In this regard, Juntai, Taihe and Jinri were all newcomers and did not take a second-generation rich man who had not even graduated from university seriously.

But as the saying goes, it is easier to deal with the King of Hell than with the devils. Today, Peng Chuanming invites two businessmen to visit the store. Tomorrow, he will invite a few idle people with tattoos to the store to order two cups of milk tea, and have them sit there for the whole day.

Under normal circumstances, no investor would ask someone with social connections to act as a gatekeeper for the invested company. If they can't even handle such a small matter, what's the point of starting a business?

Prince Wang is different. In the past two years, Wanda has entered Spring City and claimed to have invested tens of billions of yuan to build a landmark business district. The project progress has not yet been completed. Now he has the ability to do things that he cannot do at other times.

A young man who hasn't even graduated from college was stepped on to death. There is no such thing as the King of Hell or the devil.

"...You can't have path dependence. Business is business. Venture capital is ultimately a commercial behavior." Jin Xiu persuaded tactfully.

The implication is that you shouldn't always think about things from the perspective of a rich second-generation. Connections are only a part of venture capital. If Cui A-liu ultimately doesn't think about anything else and chooses to take Pusi's money without caring about the consequences, she would not want to invest anymore.

Prince Wang shrugged impatiently: "Whatever you say, this is indeed our biggest advantage. Apart from this, what else can we use to compete with Juntai and Today Capital?"

Jin Xiuping remained calm and said nothing more. His peers in the industry said that Pusi’s lone wolf team had fierce offense and ample ammunition, and last year it even made it into the top 30 domestic venture capital institutions.

However, all of this is piled up by the number of projects. Small projects take up all the investment shares as lone wolves, and truly high-quality projects cannot even get the right to lead investment. They basically follow behind large institutions and invest to pick up some of the profits.

To put it bluntly, Young Master Wang took the 500 million yuan start-up capital given by my father and plunged into the venture capital industry. His pockets were full of money, but he did not have the venture capital industry resources to match the funds.

People in the industry only regard him as a nouveau riche who crossed over from the real estate industry. He would never take PuSi to play when he encountered any good project. He had money but had no place to spend it, so he just threw it around.

Therefore, Prince Wang's second-generation rich path dependence thinking is not wrong from a certain perspective. In the "Bu Du" milk tea brand project, the most competitive aspect is the use of Wanda Group's local social resources.

The young master of the Xie family is different. He made his debut with a multi-billion dollar cross-border merger and acquisition case, and then turned around to take charge of Taihe, which has been working silently in the industry for many years. His status in the venture capital circle has skyrocketed. He is a young talent with a good background in the circle and a definite candidate for the next generation leader of the martial arts world.

The two sides collided head-on, and Pusi's future was worrying...

"Take your time eating. I have an appointment with people from Today Capital. If things don't work out, I'll give the lead investment rights to them." Jin Xiu said with determination.

Prince Wang hesitated for a few seconds, then gritted his teeth and said, "We can make some concessions. Do you want to open one of her offline stores in the hundreds of Wanda Plazas across the country?"

"I understand. Let's talk about it first."

Jin Xiu didn't take the young master's words seriously. The core business model of "Budu" is not the store at all. Prince Wang sighed with mixed emotions. After all, he had been in Chuncheng for two or three days to follow the project. Of course, he knew that "Budu" was selling the entire supply chain of tea raw materials. It was precisely because it was selling the supply chain that it was worth pursuing by multiple venture capitals including him.

But the same thing applies, he really has no other competitive advantage, and can only use Wanda to leverage its momentum.

…………

At noon, the sun was scorching and the strong ultraviolet rays at the high altitude made Pei Fei open a parasol as soon as she stepped out of the cabin.

She wore a baseball cap and sunglasses, and an oversized white short-sleeved top, revealing her long white legs in the popular bottom-missing look. She looked like an ordinary pretty girl walking on the street, with a relaxed and natural demeanor, and kept mumbling something.

Xie Jingxing was still dressed in his usual trousers and white shirt, except that he had replaced his Oxford shoes with a pair of more casual and comfortable white leather shoes.

"Mr. Xie, let's split into two cars."

Li Yan opened the car door and gestured. A colleague got into the passenger seat of the second car, and he took another colleague to the first car.

The whole process was well-trained and smooth, and he disappeared before our eyes in the blink of an eye like a ghost.

Xie Jingxing pretended that he had never appeared, got into the car and called Shen Xin to get in touch.

"Put some on you, too."

Concubine Pei took out various sunscreen and moisturizing skin care products from her bag and applied them on herself. When he interrupted the call, she rubbed his face with the back of her hand in a sticky way.

Xie Jingxing let her mess around, thinking about something while saying: "Go to the hotel and rest first, I'm going to meet the founder."

"Then when will you come back? I haven't gone shopping for a long time. Can you accompany me?" Concubine Pei said coquettishly.

Xie Jingxing felt that he had made a mistake. Last night, he was able to calm down Concubine Pei's mother and bring Concubine Pei on a business trip today. He wanted to take this opportunity to teach Collection, who was smart but easily influenced, a lesson and tell her not to listen to her mother in the future.

I never expected that when my mother was not around, my brain for collecting things seemed to be not enough.

"We are here to hide from the paparazzi. You stay in the hotel honestly. After we finish discussing this project, we will go to Dali and Lijiang to play for a few days." Xie Jingxing reminded.

Concubine Pei pursed her lips: "How many days can we play?"

"It depends on the situation, not necessarily."

Xie Jingxing believed that there would not be any waves on the "Budu" project side, and the rest depended on how many days it would take Wang Zhonglei to divert the attention.

"...How about I be your assistant?"

Concubine Pei is very thoughtful. The drama she is currently filming happens to be about a strong career woman falling in love with a rich and handsome boss. It can be said that the film and television drama has come true.

Xie Jingxing glanced at her outfit and didn't know what to say for a moment.

"After all, I am a star. If I sit next to you, the boss on the other side will definitely look up to you when we discuss business." The more Concubine Pei thought about it, the more excited she became.

She has seen many wealthy people specifically pay to invite female celebrities to accompany them when discussing business. They just drink with them to show off their wealth. If there is any other plot after drinking, it will be a different price.

Xie Jingxing was convinced by her serious look. If for no other reason, at least she would learn more and not embarrass herself in public by claiming to be his girlfriend.

"Mr. Xie, please get out of the car."

Arriving at the reserved restaurant, Concubine Pei got out of the car first, enthusiastically playing role-playing games, and went around to the other side to help open the door.

Xie Jingxing stuffed the backpack containing the computer and documents into her arms: "Carry it."

Concubine Pei put on her backpack and lowered the brim of her hat. The two of them quickly walked through the hall and pushed the door straight into a private room.

"Mr. Xie." Shen Xin stood up and greeted him.

Two of her colleagues responded quickly. Sun Tao from Juntai Direct Investment Fund followed suit and Cui Aliu also stood up.

Xie Jingxing waved his hand to signal everyone to sit down, and said straight to the point: "I heard that you want me to be responsible for post-investment management?"

"I have this idea, but Mr. Xie is very busy with work. I don't know if our 'Bu Du' brand will have the honor to work with you." Cui A Liu said with a smile.

Xie Jingxing did not comment and continued to ask: "Are there any other conditions?"

"We can discuss the specific terms. Your last visit to our brand has benefited us a lot, so today I want to meet you mainly to hear your views on our brand's business model."

Cui Aliu spoke in a humble tone, but his attitude was quite indifferent and unperturbed by fame or disgrace.

Xie Jingxing nodded: "Let's eat first and talk while we eat."

(End of this chapter)