Tao Liangchen
Chapter 169 How About It? Deal?
Master Tang actually arranged a Food God banquet, supposedly inspired by Stephen Chow's movies.
It was all ordinary ingredients, but the taste was exceptional.
Master Tang's two concubines, along with Su Yehao and his mother, plus his recently returned aunt, all ate together.
During the meal.
Su Yehao learned that the woman next door to the Tang family's old house was also surprised after hearing about the value of the items, but she didn't seem inclined to ask for them back.
Master Tang didn't explicitly say so, but mentioned that the woman needed surgery and was looking for a matching heart transplant donor.
Su Yehao was thoughtful, vaguely guessing what was going on.
Considering the Tang family's extensive connections in the medical group, he could only conclude that there was indeed no such thing as unmotivated kindness in the world, and he probably understood why she had given such a valuable gift.
However, the value of those watches, cufflinks, and the like did exceed the woman's expectations.
At sixty years old, without children, and possessing a large sum of money, she had come to terms with many things.
Master Tang donated ten million Hong Kong dollars in her name, and the whole matter was considered settled. The Patek Philippe watch worth over three million U.S. dollars was still on Su Yehao's wrist, while the other items were temporarily stored in the First Credit Bank's vault for professional evaluation and appraisal, to be used as collateral for a loan.
This astronomically priced Patek Philippe would also be used as collateral, but he'd enjoy it for a while first.
As for the three Hermès handbags.
He had already given one each to Nong Qingying and Nangong Tian, leaving only an orange Birkin bag, which he would bring to Yin Liuli next time he went to Casino, 1997.
The First Credit Bank was at fault in the first place, so this collateral loan could be further discounted. Calculated over three years, the loan interest could be reduced by about one million Hong Kong dollars.
To win over Su Yehao as a major client, the bank was indeed investing a bit.
While receiving some benefits, the price was that Su Yehao inadvertently became famous. A post about him making tens of millions through investment had been posted on the HKU campus forum.
After hearing the news, Su Yehao took a bold move, using his real name to advertise the tAt chat room, which actually had some promotional effect and caught the attention of the media.
Recently, he had been riding a wave of popularity, and news about his tribute song and his potential marriage with Zhao Yimeng were being dredged up and rehashed.
For a while, this led to him being in the spotlight on campus.
Because he was an only child, even the young masters and daughters of several wealthy Hong Kong families couldn't compare to Su Yehao.
After all, Sze Hai International Group would be inherited by him in the future, which was basically a done deal, while the other young masters and daughters had to compete with their siblings, and might not be heavily cultivated in the future. Even if their families had more assets, they would be divided up, leaving them with less.
That was the difference.
Some busybodies had already quietly named Su Yehao, whose style was somewhat "low-key," as the number one young master at HKU.
After hearing this from the gleeful Nangong Tian, Su Yehao was speechless. He was benefiting from his family's reputation; with billions of dollars in wealth on display, there was no hiding it…
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On September 19th.
All the shares of Berkshire Hathaway were cashed out, plus the twenty million Hong Kong dollars transferred from his mother, Su Yehao had a total of more than fifty-six million lying in his bank account.
Recently, the Hong Kong stock market had plummeted, and the housing market had crashed, with some new developments selling at 20% off.
It wasn't just Hong Kong; the direction in other places was also a bit off. Coincidentally, Yahoo's stock price had risen to around fifty U.S. dollars again, so Su Yehao wasn't in a hurry to increase his position. Instead, he first asked Nong Qingying, who had reported to KOKO Ventures, to find out about Silver Sea Software and finalize the detailed financing arrangements.
While studying at university, Nong Qingying majored in accounting and finance, and was also a non-practicing ACCA accountant. This certificate came from the Association of Chartered Certified Accountants, also known as the "International Certified Accountant."
No wonder she said it was related to her major. Venture capital firms usually hire certified accountants to be responsible for auditing, evaluation, and serving as investment advisors.
Letting Nong Qingying go over to try her hand was equivalent to acting as Su Yehao's agent.
With other professionals responsible for the detailed work, he believed there would be no slip-ups. The real decision-making power was firmly in Su Yehao's hands; the entire company was his, so there was no need to worry.
That day, a little after ten in the morning.
Su Yehao had just finished listening to a speech by a well-known entrepreneur and was walking down the corridor towards another classroom.
His high school classmate Wei Jiang suddenly came over to greet him, saying, "Number One Young Master, long time no see. You're still so popular at your new school. I admire you!"
"There's no helping it. The tree desires tranquility, but the wind won't stop. I didn't want to be in the limelight."
Although they were high school classmates, their friendship was only so-so.
After Su Yehao finished speaking with a smile, Wei Jiang continued in a casual tone, "I heard you're busy doing business, developing a chat room called tAt? I think it's pretty good. Last time I mentioned it to my brother, he wanted to buy your technology and bring it back to the mainland to play around with."
As soon as these words came out, they touched a nerve with Su Yehao.
Turning to look at his old classmate, he asked Wei Jiang, "What exactly does your family do? I heard you mention before that if Huang Zewen went to Pengcheng, you'd dare to ambush him. You could get into Tung Wong Rose School, and you could casually take out the 20,000 yuan for the study tour. Now you're also at HKU. It all feels a bit unusual."
"...Just doing a little business, can't compare to your family."
Wei Jiang's words were as good as saying nothing.
The economic development in the north was a bit slower; even the richest people on the list didn't have as much total assets as the Su family.
Su Yehao vaguely guessed that this guy was eyeing the product he had invested in developing. After thinking about it, he tentatively asked, "To develop the tAt chat room, I've already invested several million. How much are you planning to pay to buy my product?"
Ever since the tAt chat room went online, Wei Jiang had been paying attention to using it, and the more he thought about it, the more he felt that this thing could become popular in the mainland.
Before coming to find Su Yehao, he had carefully considered it. Now, he held up a hand and said, "Fifty thousand Hong Kong dollars. It wouldn't cost much to develop something similar. You've put too much into advertising; the cost can't be included."
Hearing these words, Su Yehao found it amusing and immediately laughed, saying, "It wouldn't cost much? That's what I thought at first too. I've invested several million and haven't heard a peep."
"How about it, deal?"
"Deal... definitely not. My subordinates also suggested that I try my luck in the mainland. I'm already planning to invest in a database in Pengcheng. The simplified Chinese version should be out in a few days."
"Then count me in. How about I invest in you?" Wei Jiang didn't expect Su Yehao to refuse so simply, so he had to settle for second best.
Su Yehao would be a fool to agree, so he bluffed and said:
"It's estimated that the initial investment will be thirty million Hong Kong dollars to expand the market. How many shares can you take?"
The so-called thirty million was just to scare Wei Jiang.
The database and simplified version were still non-existent. Su Yehao wanted to wait until the one-on-one instant messaging function was developed before talking about it.
He couldn't figure out Wei Jiang's background for the time being, but the interest he showed made him alert.
Su Yehao was worried that someone would compete with him for the market, so he quoted a large sum of money, hoping to nip Wei Jiang's little thoughts in the bud.
For a long time.
Su Yehao had always been thinking about hitching a ride on other people's coattails and seizing other people's opportunities, and he had a clear understanding of the potential value of his products.
He had finally managed to get to where he was now, with the number of registered users just surpassing three thousand. How could he allow others to reap the rewards now? Even if he really chose to finance, he would wait until he really couldn't afford it anymore.
Wei Jiang was intimidated by the so-called investment amount and asked in surprise, "The maximum number of users is only one thousand, and you're planning to invest so much money?"
Su Yehao's heart skipped a beat when he heard this.
He guessed that this guy had probably calculated the number of online users in each chat room, otherwise how would he know the number of users? This data had not been released to the public.
From this, it seemed that the tAt chat room was probably being targeted, and Wei Jiang's approach had become premeditated.
Being alert was right, but Su Yehao didn't think it was a big deal. Whether it was positioning, creativity, or capital and talent, he believed that he could crush others. It was inevitable that there would be competitors in the future. That was how the business world was; wherever there was profit, there was a battlefield.
As long as he ran fast enough, he wasn't afraid of being caught up by others.
Since he had already guessed that Wei Jiang had ulterior motives, Su Yehao weighed his words carefully in his mind before speaking, and then replied, "Just playing around. The old man at home gave me money, so I'm just investing randomly. I made tens of millions again, and someone in the company is optimistic about this industry, so I just casually took out some money to try it out."
He didn't reveal half a word about planning and creativity.
He even prepared for a rainy day in advance, thinking that the employee confidentiality and non-compete agreements had not yet been signed, and that the core code also needed to be patented.
It wasn't just to guard against Wei Jiang.
But to guard against people like Wei Jiang; it was hard to guarantee that there wouldn't be other businessmen who were also interested in the tAt chat room.
If he was targeted in the early stages of development, it was obviously not stable enough. There were many examples of overtaking on a curve and catching up later, and Su Yehao didn't want to capsize in a gutter.
Wei Jiang didn't think much about Su Yehao's statement of "investing for fun," only thinking that the young master Su had a strategist under him who was helping him devise plans.
His early incompetence and arrogance had now become an advantage. At least Wei Jiang didn't think that Su Yehao's business acumen was great... he only recognized his ability to pick up girls.
After all, he was a young lad. In high school, Su Yehao often went to and from school with Jiang Yu, and he was often madly in love with Nangong Tian. How could Wei Jiang not see it?
Their conversation wasn't fruitful.
After chatting for a few words, they went their separate ways.
Wei Jiang's interest successfully aroused Su Yehao's vigilance.
After the two separated, Su Yehao conveniently made a call to John Zhou, asking him to register patents while developing, especially patents in the mainland, and to re-sign confidentiality and non-compete agreements with employees, even if it meant paying them more.
The plan to focus on developing the mainland market was temporarily kept secret from the employees, and John Zhou was only asked to try to develop simplified Chinese and English versions of the program.
He wasn't afraid of being too vigilant, but of being unprepared. He had to keep a hand up his sleeve so that he wouldn't panic when he really encountered trouble...
He continued with his class.
He happened to see an empty seat next to Jiang Yu. Other boys were thin-skinned and embarrassed to get close to her so blatantly.
Su Yehao wasn't afraid, so he sat down next to Jiang Yu in a carefree manner, looked at the girl, and said with a smile, "Didn't get enough rest these past few days? You have bags under your eyes. You look like you're in bad shape..."