Metropolis: My Rising Life

Chapter 573 Chen Yi empty glove father-in-law

When the atmosphere became easing, when Chen Yi and Nan Jiyue’s father changed from investor to investee in the relationship, and became closer to Weng’s son-in-law.

There are many things, and many words become much simpler.

Chen Yi said straightforwardly: “…I need 300 million US dollars!”

He stretched out three fingers.

300 million US dollars is equivalent to more than 2 billion soft sister coins. Nan’s father is not surprised by Chen Yi’s request.

After all, in his investment career, he has also invested larger than this amount of money.

“Then you want 300 million dollars, how many shares can you give me?”

Father Nan asked in his spare time.

“10%!”

Chen Yi said without hesitation.

When Nan Jiyue’s father heard this number, he smiled, picked up the teacup and took a sip of the tea ceremony: “…It’s really a lion’s mouth.”

“…Of course the business is like this. You can ask the price wildly, and I can also pay the money back on the floor.”

“10% is impossible, at least 20%, and you have to be able to convince me that I will pay the money.”

“…Don’t think that you and Yueyue’s relationship, I will open the Internet, in business, I am an investor, but I will not do business that will inevitably lose money.”

Unexpectedly, Chen Yi is more confident than him. He shook his head and said: “…This is not a big lion’s mouth, and it’s not just asking for money back on the ground.”

“…On the contrary, it is not so much that you are giving me a chance, as it is for Yueyue’s sake that I am giving you a chance.”

“Even without you as an investor, I can find other investment institutions, whether it is Sequoia, IDG or Hillhouse. I think as long as these investment institutions are not stupid, they are all willing to invest in me.”

Chen Yi’s talk is eloquent, even anti-going, and Nan’s father is not angry.

How many storms and waves he has experienced in his life, and what kind of people he has never seen before, will never be in a mood for a few words.

That kind of person was not a qualified businessman from the beginning.

“So Uncle Nan, let’s open the skylight to speak up. If you are really a qualified investor, you have a deep understanding of the Internet industry.”

“…Then I am pretty sure that you came here from the very beginning with the purpose of being able to invest.”

“And I also believe that you are in business, since you have determined that you want to invest in me, you will inevitably get the greatest benefits possible.”

“…After all, we may be a family in the future, but now we are not a family.”

Chen Yi’s words made Father Nan watched him carefully for a long while, this young man was stronger than he thought.

“US$300 million in exchange for 10% of the shares. This is the biggest concession I can make to you. I said just now that I will seek investment from you only for the sake of Yue Yue. This is not a joke.”

“…Some entrepreneurs are crying and crying to seek investors, but for some entrepreneurial projects, investors are rushing to invest, because they know this must be a profitable project.”(Read more @ wuxiax.com)

“This is the difference between a buyer’s market and a seller’s market. For this type of entrepreneur, what he needs to pay attention to is not to be emptied of his power and what other resources investors will bring to him.”

“… Unicorn projects are not so easy to invest, because investors also have the right to refuse.”

Chen Yi lifted his teacup to moisturize his throat, and continued: “…You can’t be the only investor. After that, I will naturally look for other institutions to raise funds.”

“… And those institutions who want to raise funds need to pay a higher price, and exchange more money for fewer shares.”

“In other words, if the financing I am looking for here is a round of financing, then as long as there is round b financing, you will be a trade without losing money.”

Father Nan listened carefully to Chen Yi’s words, and when he stopped temporarily, he just smiled and said, “…but these are all Xiao Chen’s words from your family.”

“…Why are you sure that you will succeed, and why are you sure that short videos will become part of people’s needs in the future?”

Chen Yi shook his head and said with a smile: “…Uncle Nan, you are wrong to say that. I don’t believe that an investment institution as large as you has never studied this new track, this new outlet.”

Chen Yi, who said this, took out a document from the Hermès bag he carried with him, which he asked his employees to organize in the past two days.

“Short video socialization is the most important direction for Internet socialization in the future. Back then, Goose Factory had its own hegemony because of Penguin’s social platform, and the future social focus will be on short videos.”

“…There are nearly 1 billion netizens in our country, and there are actually very few people with a college degree or above. This has led to our current way of socializing with text, which has great limitations.”

“This alone means that the short video market will be able to approach the core penguin platform of Goose Factory in the future.”

“…I hope you will take a closer look at this document, Uncle Nan. Now Douyin has been put on the market, and there are close to tens of millions of users in a short period of time, and the stickiness and use time of these tens of millions of users is very high.”

“This data already means that short videos will inevitably succeed. It’s just a matter of time.”

“…And our company has also noticed the limitations of Douyin, that is, it is too small and fresh and too urban, so there is a new app Kuaishou that is under development and will be available soon.”

“With this app, we will focus on sinking the market, and the time users waste in short videos is a huge amount of traffic, and traffic is money, which can be used to monetize.”

“…Our company is not only focusing on the domestic market, but also going international. I have spent $1 billion to acquire musical.ly, the short video app with the highest user traffic in North America.”

“This platform alone is worth one billion U.S. dollars. Isn’t my entire company worth three billion? You know, although the goose factory is powerful, it is only in China.”

“…Penguin, a social platform outside the country, is nothing, but our goal is different. We want to occupy the international market.”

Chen Yi talked endlessly, but Nan’s father looked at the information Chen Yi gave him very seriously.

Although the surface is calm, but inside is very surprised.

As an excellent investor, he can certainly see the future development of short videos, but no one can be sure in the future, and he can’t guarantee that short videos will succeed.

But Chen Yi’s words are conclusive, as if he has already determined the direction of the future.

If this is just the young man’s self-confidence, then this information convinced him a little bit.

The information is very detailed, all about the proportion of users’ age and education, the loss and the fragmented time occupied, etc. These data can not be investigated by his Nanxing Capital.

This is confidential information belonging to Chen Yi Company, because the data is only in Chen Yi’s hands.

To be honest, even if Chen Yi is just someone who has nothing to do with him, this information alone is enough to make Nan’s father determined to invest.

Of course, whether Chen Yi’s current company is worth three billion US dollars is still debatable. After all, it hasn’t been a few months since the establishment of the company.

Moreover, Chen Yi took a trick and said that he had spent 1 billion US dollars to acquire musical.ly, but this matter hasn’t started yet.

This is the same as the joke back then, what I am a certain senior of the World Bank, and then used this identity to marry Bill Gates’ daughter.

Then, as Bill Gates’ son-in-law, let the World Bank give him this position.

Simply put, Chen Yi is the empty glove white wolf.

“¨〃Since you firmly believe that short videos are the focus of future social networking, Goose Factory probably thinks so too. Why do you think you will defeat that giant in the social field?”

Father Nan put down the information, he looked at Chen Yi with admiration, and asked with a smile.

“It’s very simple, it’s the technological gap. The core algorithm we are developing now cannot be matched by other companies at least within a few months, even if the goose factory spends a lot of money on research and development now.”

“…I’m still cautious, maybe this time can reach one year.”

“Secondly, our products have been launched. I know that the goose factory also has a vx video project, but this project may be some time before it goes online.”

“…We have already run fifty meters ahead of time on this track. For a 100-meter-long track, as long as we don’t make big mistakes, even the goose factory will not be able to catch up.”

“The only way the goose factory can be used is to spend money on the acquisition, but I will not agree to the acquisition!”

With Chen Yi’s words, Father Nan couldn’t find any refutation.

He shook his head, sighed and joked: “…the young people nowadays are really terrible, you should say that you are the most powerful young man I have ever seen.”

“… Three hundred million dollars? I invested this money!”

Chen Yi clapped his hands and said with a smile: “…a wise choice, after two years, it may not even take that long, father-in-law, you will think this is an investment no less than brother Liu jd.”

“You will get at least ten times, or even twenty times the profit.”

“Huh? What do you call me?”.

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