Reborn: I'll Never Fail My Childhood Sweetheart Again

Chapter 581 - 217: Venture Capital Arrives, 100 Million Acquisition Offer! (3)

He couldn’t bear to sell it!

Fortunately, Su Zelin made the same decision as him.

Kang Baohong felt a huge sense of relief.

He might be the most afraid of New Era being sold.

Even if his shares could fetch two million, and though he was a veteran familiar with all the business operations, ensuring a stable position even if a new company took over, he still just wanted to follow Su Zelin.

A boss with such wisdom and charisma is really hard to find another one.

The boss is a real star!

He didn’t even blink at the sight of a hundred million!

That courage is really unmatched.

"I’m definitely not selling my shares either!"

Kang Baohong stated his position!

"Got it, I’ll reply to them a bit later!"

Brother Xiao Yang nodded.

Since they all reached a consensus, there wasn’t much else to say about it.

Time is precious, onto the next matter.

"The five million we loaned from the bank, along with what we earned, is almost spent!"

The second issue from Brother Xiao Yang was related to funds.

Of course, that money wasn’t just squandered; it was spent wisely on an aggressive and continuous advertising blitz across television, newspapers, and various other media, mobile business, and the expansion of new direct stores, all of which required money.

"Finally almost spent, huh?"

Su Zelin seemed a bit dissatisfied.

Yang Fen: "..."

Kang Baohong: "..."

From Su Zelin’s tone, he wasn’t upset that the money was spent too quickly, but rather too slowly.

Actually, it had only been about half a year.

A hustler’s thinking is different from others.

The money was originally intended for the company’s development; the longer it took to spend it, the slower the business expansion, indicating fewer places that needed spending.

That’s not a good thing.

He wished it could have been spent in three or four months.

In fact, more than just five million was spent, including the company’s earnings over the past half year.

This isn’t called squandering or carelessness; it’s reinvestment!

The value of the five million is already evident, helping New Era complete its initial layout within the province.

However, to cultivate deeply within the province or even to expand the business map to the entire Jiang Zhe Lu region, further investment is needed.

"Let’s loan from the bank again. This time, getting more than twenty million shouldn’t be a problem; the more, the better!"

Su Zelin suggested.

There are two ways to quickly obtain funds: either finance or take out a bank loan.

Su Zelin not only had no intention of selling New Era, he didn’t even plan to finance it, nor was there a need.

What kind of companies most need financing?

Commonly, those that hype concepts, like some internet companies, craft a grand vision then rapidly expand the market but may consistently operate at a loss. For instance, if Pinduoduo couldn’t secure ongoing financing early on, its cash flow could break anytime.

New Era was not built on hyped concepts but grew step by step. Each of its direct stores and franchises is profitable and generates funds for the parent company; Su Zelin merely found the fund transfers not fast enough.

Similarly, in later years, the blue and green tech giants hardly accepted any financing; they were in almost the same situation.

Though these two sister digital companies’ products were often criticized for being overpriced and under-equipped, one has to admit, from a business standpoint, their operations were indeed stable.

Both companies are solid, stable enterprises that don’t rely on financing to maintain cash flow or hype concepts. Their in-house capital reserves are astonishingly ample, and until Su Zelin’s rebirth, they hadn’t even gone public, yet their market valuation surpassed Xiaomi, with industry experts estimating their market value to be two to three times that of Xiaomi.

Su Zelin’s aspiration was to build a conglomerate like the blue and green tech giants, so he wasn’t considering financing or going public.

If they’re short on funds, they just loan from banks then.

For those launching hyped internet companies, bank loans might not come easily.

But banks adore companies in solid industries with stable revenue streams.

Previously, with only ten direct stores, New Era secured a five million loan from the bank. Now, with dozens of direct and franchised stores, twenty million is naturally no issue.

As New Era continues to enlarge, Su Zelin will keep applying for bank loans until their spending speed surpasses the cash flow generated by stores. That’s when he’ll stop borrowing.

"Alright!"

Brother Xiao Yang agreed much more readily this time than when they borrowed five million back then.

Due to that five million, New Era now possessed dozens of stores, which were rapidly growing, and had established a presence as a well-known provincial chain. Their monthly net profit even reached seven to eight hundred thousand, with the million mark only being a matter of time.

If New Era didn’t require continuous investment, repaying that five million would be effortless, so borrowing another twenty million didn’t seem stressful.

If those two million are truly spent, New Era’s moneymaking ability will be at a different level than it is now.

After a brief meeting among the three giants, they went about their own work.

Su Zelin returned to the office to approve those documents.

...

Financial Academy, girls’ dormitory.

"Xiaoxian, did you hear any news about senior at Zhejiang University last night or today?"

Huang Panpan was secretly calling her confidante outside the dormitory corridor.

Wei Xian was her best friend at Zhejiang University.

She sounded anxious, afraid of hearing that Su Zelin was on a date with Qin Shiqing from her good friend.

Without even thinking, Wei Xian said, "No."

In fact, she had heard about it.

The high-profile wealthy and handsome boyfriend of Qin Shiqing, as posted on BBS last time, Wei Xian immediately identified as undoubtedly being Su Zelin, and she told Huang Panpan.

However, her best friend insisted she was mistaken, that person couldn’t possibly be Su Zelin, just someone who resembled him.

Or perhaps too many suitors around Qin Shiqing forced Su Zelin to act as her shield.

Wei Xian was speechless at the time.

There’s a saying that holds true.

You can never wake someone who’s pretending to be asleep.

Since her friend was in self-denial, why should she interfere?

If I told you that Su Zelin was here last night, you’d say it’s just someone who looks like him, or that Shiqing called him to be her shield.

What’s the point of this question?

With her friend’s single-mindedness.

She’d probably give herself excuses even after Senior Su got married, like saying he was forced by his family or something.

"I knew senior didn’t go. Last night, there was a big leader from the bureau coming to inspect at the Financial Academy, someone he knows, so he had to host. I saw him receive the call!"

Hearing Wei Xian’s reply, the junior in the grade sighed in relief.

Yeah right, hosting a leader at a Christmas party at Zhejiang University, and you actually believed it.

Wei Xian shook her head in disbelief, not knowing how else to respond.

You can keep pretending asleep; let’s see how long you can keep it up!

Dingsheng Mansion.

"Didi didi..."

The Nokia 8210 on the table rang, a new message arrived.

It was from Huang Panpan.

"Senior, are you busy?"

The junior knew that these months, Su Zelin had been very busy, busy to the point of exhaustion, with barely any time left at the dormitory, always heading to the company whenever he had free time.

Once when she called, he was in a meeting and hung up. Afterward, Su Zelin explained the reason, and since then, Huang Panpan didn’t dare call him casually, afraid of interrupting his work, usually communicating through text messages.

"Yeah, I’m at the company."

Su Zelin put down a document he was working on and replied while drinking water.

"Senior, it’s already ten o’clock, you should take care of yourself and not overwork your body, okay?"

Ten o’clock?

Su Zelin checked his phone, and it was indeed.

Time flew by without notice.

"How about you come back early tonight, and we go grab a late-night snack?"

Huang Panpan tentatively asked in the message.

Su Zelin hesitated a little, then typed a reply.

"Okay, but I’ll need about half an hour to get back to school."

He indeed felt a bit hungry, having only eaten a quick meal for dinner, and after working for several hours, his energy was mostly depleted.

Moreover, he met Qin Shiqing last night and even spent the night elsewhere. Though they didn’t do anything, and he wasn’t in a boyfriend-girlfriend relationship with the junior, he still felt a bit guilty.

In his past life, Qin Shiqing and Panpan were the major unsolved issues he faced.

The relationship with the junior is indeed hard to handle; it’s quite a headache.

Saying goodbye isn’t appropriate, and neither is not saying goodbye.

Just gotta take it one step at a time.

But what if, before I knew it, another ten years passed, turning Panpan into an old spinster.

"No problem, I’ll go to the snack street and order some goodies now, the timing should be just right. Senior, what do you want to eat?"

"Order a seafood porridge for me at Haiji, with extra abalone."

"Alright, Senior, I’ll wait for you!"

Hanging up, Huang Panpan was in high spirits.

Senior spent Christmas Eve not with Shiqing but Christmas night with me.

This time, I’m the winner!

...