Lu Xiaobu returned ho 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 investnts!"
Lu Wenhuo suddenly stood up, bursting with excitent, 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 ans no! You say you have this technology, but who believes that? Out of ten who co asking for money, nine claim to have core technology! Why don’t you show it to if it’s true, and I’ll invest!" Hu Shengyi scoffed.
"This..." Lu Wenhuo was stuck!
Show it to others?
How could that be possible?
If everyone knew about it, would it still be valuable?
"See! You won’t show and yet expect 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 bla for being blunt, your Lu Family has always been in the catering business, which everyone knows is a low investnt and stable profit field. If it were investnt 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!
"You!"
Lu Wenhuo was infuriated!
"Er... how about this! The $50 million USD investnt you talked about earlier is definitely unrealistic. Considering that Lu Xiaobu has just been added to the Newcor 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 ?"
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 investnt 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 investnts! 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 investnt." 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 investnt? Better not count on him!"
"That’s not necessarily true, it’s very easy for Young Master Bu to attract investnt 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, co on, make a call, attract so investnt."
With a resigned attitude, Lu Wenhuo pulled Lu Xiaobu over.
"What? I won’t make the call. If I fail to secure investnt, you’ll bla again." Lu Xiaobu sulked and disagreed.
"Co on! Stop stalling! Anyway, it’s already like this, could it get any worse? You won’t be blad 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 Newcor Rich List." Liang Lan said with a smile.
"Fine, fine." Lu Xiaobu said reluctantly.
"Hello? Lu Wenhuo, aren’t you done pestering yet!"
Hu Shengyi’s irritable voice ca over: "I was thinking of giving you fifteen million, now, not a single di!"
"Er... this is Lu Xiaobu, no money then, no worries! Just take another look at the rankings on the Newcor 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 investnt!"
Lu Wenhuo sighed: "Sigh!"
But at that mont!
Lu Wenhuo’s phone rang again.
It was Hu Shengyi!
As soon as Lu Wenhuo picked up, Hu Shengyi’s urgent voice ca through: "I’ve decided to agree to your investnt plan, invest fifty million US dollars! We only need twenty percent of the shares, what do you think?"
"Ah?"
Lu Wenhuo was stunned.
Wasn’t it thirty percent for fifteen million just a mont ago!
What’s going on now?
Did sothing 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 imdiately 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 ca through.
His tone was almost begging!
Just like how Lu Wenhuo had been begging for an investnt monts 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!
What just happened?
Lu Xiaobu made one phone call, said one sentence, and the situation dramatically flipped around?
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