Chapter 346 This is too smooth
The question is too direct and it is difficult to answer.
Li Yan decided to answer the question with a question. "R&D is a bottomless pit, but I can always rely on the interim results to raise funds later. The question is what New Taipei can provide me. If the early technical support is in place, I believe there will not be a big gap in the start-up capital."
Deputy Mayor Ren raised his eyebrows and glanced at Director Zuo.
Director Zuo showed a smug expression as if saying, "See, I was right."
"Mr. Ni," Ren Jiangfeng asked with a smile, "Can you provide Li Yan with some technical support for system development? What are the funding requirements?"
Academician Ni took a sip of water slowly and said, "This is a collaborative research, and we each get what we need."
"Thank you." Ren Jiangfeng looked at Li Yan again, "Li Yan, I very much welcome you to register your company in New Taipei City. On behalf of New Taipei City, I promise that we will give you sufficient policy support. If you need any coordination, you can contact us at any time. We will also give you a certain amount of financial subsidies, so it is best for you to give a specific start-up capital requirement."
These two statements simply mean that the system research and development already has the cooperation of a team at the academician level, and they don't need any capital investment. Li Yan himself also said that he could get financing with interim results later, so where is the use of the money now?
New Taipei City has provided you with policies, resource coordination, and financial subsidies, which is very sincere.
If you make an exaggerated funding request, it won’t be our fault that we are not cooperating.
Li Yan didn't want to reveal her needs first, because naturally the more the better.
New Taipei City does not want to reveal its cards either, and they certainly hope that Li Yan will find more corporate investments.
Li Yan understood this very early on, from when he was communicating with Zuo Yuming.
Why should New Taipei support him? It is meaningless to talk about idealism and sentiment at this time. We should talk about interests. The government will be willing to invest only if Li Yan's project is beneficial to the government. This is the basic logic.
As the business card of New Taipei City and a celebrity in Linjiang, Li Yan has created a concept phone that has attracted much attention.
It is absolutely unacceptable for New Taipei City not to support it.
What’s more, Li Yan chose New Taipei as the registered place.
Regardless of whether the mobile phone can be successful or not, the policy support and attitude are in place, which makes it a good promotional material.
Once the mobile phone is successful, the benefits it will bring to Xinbei and even Linjiang will be unimaginable.
But if the phone fails, the government will only gain publicity material.
The money you lose might even be criticized by some people with ulterior motives.
The most important thing is that a private enterprise led by a 15-year-old boy is developing mobile phones... This project cannot be compared with various infrastructure projects that can produce immediate results.
I've never seen it before, and I have no reference.
Even if we ask state-owned enterprises to invest, they may not be willing to do so.
There is also the possibility that Li Yan will move to Shangjing after he has finished his work.
No matter how much you support Li Yan emotionally, you still have to be ruthless when it comes to rational analysis at work.
Chuangzu has experience in mobile phone research and development.
But regarding the self-developed system, Chuangzu is not sure.
No one knows when the “upfront investment” will be completed.
Therefore, it is a safer option to let private enterprises bear the risk and the government act as a guarantee.
The pressure finally fell back on Li Yan, and he had to come up with a specific number.
Li Yan took a deep breath and raised a finger.
Someone in the back row suddenly said, "One hundred million? That's more than I expected."
Li Yan was stunned.
The man stood up and walked around the table towards Li Yan without paying any attention to anyone else.
He is tall and strong, looks to be in his thirties, and his hair is already a little gray.
"We can only give you one third. Is that enough?"
what?
Li Yan was too embarrassed to say that she actually wanted ten million.
This amount is certainly a drop in the bucket for serious mobile phone research and development, but it is good as start-up capital. Li Yan originally wanted to make this request to test the government's reaction.
Thirty million? Or is it a private enterprise's investment?
Even Li Yan wanted to ask, "Are you guys too confident in me?"
"Boss Han," Deputy Mayor Ren obviously did not expect this result. Thirty million is actually nothing for a project decided at a city meeting, but it is definitely impossible to invest in a private company with only a semi-finished prototype. "You really care about Linjiang!"
The companies that came today were basically from the technology industry. Li Yan knew most of them, except Mr. Han, whom she was relatively unfamiliar with.
Seeing that Li Yan looked a little puzzled, Deputy Mayor Ren introduced: "Han Zheng, the general manager of Ligao Smart Industry Co., Ltd."
"Hello, Mr. Han," Li Yan stretched out her hand. "You mean to invest 30 million in the future intelligent Jiaolong mobile phone research and development project?"
"Thirty-three million, three hundred and thirty thousand." Han Zheng smiled, "One third."
Li Yan didn't dare to laugh. This level of investment actually existed. On the way to the meeting, Huang Zhan told her that in Linjiang alone, there were several companies that wanted to "buy Future Intelligence for tens of millions of dollars."
Li Yan has never learned much about Ligo Wisdom, but it is definitely not a company that produces high-tech products. The sudden lavish spending of money is most likely an operation they are thinking, “Is buying half of your company’s shares enough?”
"Boss Han, Ligao Wisdom is..."
"Property management, business management consulting, investment consulting, market research, information system integration..."
This doesn't sound very relevant to today, right?
President Han suddenly patted Li Yan on the shoulder and said, "We have a lot of business, including sales of surveillance and security equipment, digital products, and communication equipment."
Oh... this is somewhat related.
“And the technical development of Internet technology.”
Li Yan was stunned. Brother, are you a little bit confused?
"Our company is currently mainly engaged in the smart housekeeping business in residential areas, which is not very related to mobile phones." President Han sat directly next to Li Yan, looking a little too enthusiastic. "Li Yan, we always support potential projects in Linjiang."
Is it coming? What is the cost?
Then Han Zheng just looked at Li Yan like that, and that smile actually made Li Yan see a sense of pride for a moment.
No, brother, tell me quickly, what’s the price?
Don’t come and do something like a god picking grapes for me when it’s time to sign the agreement!
Director Chen of the New Taipei Science and Technology Bureau coughed and said, "Boss Han, Li Yan is waiting to hear your terms."
Han Zheng then realized - it didn't seem like acting, but the awesome businessmen were also great actors, and no matter how genuine their feelings were, they couldn't be believed.
President Han patted his forehead and said, "Look at me. The conditions are very simple. The sales profit of this phone after it is officially launched on the market must be 20% higher in the first year."
See, they really want shares, even if it’s only 20%, but they will definitely find a way to play the capital game with me in the future, and then…
and many more?
profit?
Or is it within a year after the listing? Did you limit yourself?
What if the phone doesn't work? What if it fails after it's launched? That would be a waste of 33 million.
But if the phone can be made, even if only one million units are sold, priced at 2,000 yuan each, the sales will be 2 billion yuan, and 20% of 2 billion yuan is 400 million yuan...
No, Mr. Han was not talking about sales volume, but sales profit!
Profits are hard to say.
Is this an investment plan that is so ancient, so confident, and so trustworthy?
Li Yan was completely stunned. Not only him, but the two rows of bosses on the opposite side also stopped whispering.
The scene was a bit funny at one point.
"Are you sure, Mr. Han?" Ren Jiangfeng couldn't help but ask.
It sounds like nonsense, but it still makes sense when he says it in this situation: Are there any restrictions?
This is what Li Yan is worried about. If the profit is limited in amount and time, that is another matter. "Of course, I know what everyone is thinking. We really only want dividends. And we can bear the risk of Li Yan's business failure. Even if the phone is not made and we only burn money but do not make money, and our 33 million is wasted, that is no problem."
Brother Han, you are more confident than me.
“The essence of venture capital is to create greater value by supporting disruptive innovative technologies to promote scientific and technological progress and industry change, and ultimately reap ‘knowledge value’, ‘social value’ and ‘economic value’.”
After Mr. Han finished speaking, he patted Li Yan on the shoulder again.
There was still that special look of pride that made Li Yan very confused.
Ren Jiangfeng took the lead in applauding. "This is a huge angel investment. Li Yan, President Han has always been concerned about the development of Linjiang. He is a person with great feelings and ideals. He is not an ordinary businessman. He has a big vision and a high vision."
Han Zheng laughed so hard that his shoulders shook. "Mayor Ren, thank you for the compliment. I am just a little willful. The charm of venture capital lies in finding those uncertain but potentially disruptive innovations."
"Well said!" Zuo Yuming praised.
Li Yan was still stuck in a special emotion - it was so fake, this was fucking fake.
If things go too smoothly, it will make people a little worried.
What kind of company is this? With such a wealthy boss, how could he not treat more than 30 million as money?
It is not impossible to want profit dividends instead of shares, especially in China, where many people are unwilling to wait and pure money is the right way to go.
However, in the early stages of a startup company, giving such a huge amount of "start-up capital" and then waiting for uncertain dividends without any restrictions can only be said to be charity.
An unfamiliar businessman took the initiative to come forward to do charity. Has my, Li’s, charm reached this extent?
If you were a wealthy boss with fair skin and good looks, Li Yan might still suspect that you were after his body.
Mr. Han, you don’t have any special hobbies, right?
The two rows of bosses over there weren't really feeling calm either.
What is Han Zheng thinking? Ren Jiangfeng kept thinking, the New Taipei City government welcomes large investments, but they don't want to see charity.
I originally thought that the city government would give out two to three million today and mobilize major companies in New Taipei City to raise some money to give Li Yan a few million in start-up capital. If there is a loss, it is a loss.
If you can produce something, it is definitely more reliable to go through several rounds of financing with large investments. It doesn’t matter how it develops in the future, as the registered address is in New Taipei anyway.
Now, Han Zheng has given 33 million to support Li Yan. What about my New Taipei City?
Li Yan also thought that as long as she could get some start-up capital, make necessary initial expenses, and let potential partners see the government-backed background, she would have achieved her goal today.
Suddenly with this money, he no longer needed to use future shares as bargaining chips when recruiting startup teams. He could just hire them with high salaries.
Moreover, Han Zheng did not exchange shares for this investment, which reduced the investment costs of subsequent investors and would not dampen their investment desire to a certain extent.
Could it be that the real advantage of Mr. Li after his rebirth is good luck?
The novel has the attention of the editor, and a Golden Alliance has arrived at the most critical moment; now Mr. Han has appeared on the phone.
If Li Yan uses his own abilities to produce good enough results, then someone will send money to him?
It seems that he didn't just do his best to defy fate, but he actually did his best to trigger fate!
But he calmed down again and realized that all actions must have cause and effect and should not be attributed to luck.
Han Zheng had already made such a statement, so the Provincial Department of Science and Technology, New Taipei City and major industry associations naturally could not sit idly by. They all gave some support in more or less ways, some of which were more vague and some more substantial.
But with Han Zheng's 30 million, at least Li Yan can focus on doing the preliminary work, and that is enough.
As for other miscellaneous things, let’s wait until the system is finally developed.
At the end of the meeting, only four people were left. In front of Zuo Yuming and Ren Jiangfeng, Li Yan discussed the specific details of the investment with Han Zheng.
The result is unexpectedly simple. Ligao Wisdom will transfer the money directly to the company account of Future Intelligence.
"We don't need any regulatory agency? Any fund operations or something like that?" Li Yan was stunned for the Nth time today.
"Young man," Han Zheng laughed, "I heard you are very confident."
"I am confident that you will make a lot of money from this investment."
"So you think that businessmen are all profit-driven?"
"No, that's not the case," Li Yan smiled awkwardly, "Identity is identity, and individuals are individuals. Although from a group perspective, identity labels all have some common characteristics, it's best to put aside stereotypes when communicating with individuals."
"Zuoting, Ren Mayor, look at him, he's only fifteen years old, tut tut."
The meeting then entered the routine session of praising Li Yan, but after all, the level was quite high and Mayor Ren was very busy, so just as the praise reached the critical point where Li Yan's feelings turned from comfortable to uncomfortable, the meeting was adjourned.
In the building, Ren Jiangfeng took Han Zheng to his office.
"Old Han, is this money an investment in your personal name or in Ligao Wisdom's name?"
Han Zheng took a deep breath and sat directly on the sofa. "It's a public matter between Ligao Zhihui. How can it be my personal opinion?"
"You're really optimistic?"
"To be honest, I don't quite understand." Han Zheng shrugged, "This is the boss's request. I'm actually here to implement it."
"...As expected." Ren Jiangfeng patted his forehead, "Li Gao Zhihui is indeed the most suitable. He really took the trouble."
"So I said 30 million is not a big deal, but Li Gao doesn't have the confidence." Han Zheng yawned, "I came back from Bazhou specially. I was thinking of handing it over to the person in charge of the South China region, or our Minister of Finance. He specifically asked me to come here."
“It’s very important.”
"He originally prepared 50 million. I said we should see what Li Yan actually needs. If he only wants a few million, it would be too much to give him 50 million."
"What you said about one hundred million is really scary." Ren Jiangfeng also sat in the office chair and started drinking tea.
"He wants 10 million. If he really tells me that, won't it be like I'm the one giving the money away?"
"Isn't that what you ended up doing?"
"It's not me, it's the boss." Mr. Han shrugged.
"Yili still cares about Linjiang very much."
"You'd better give all the compliments you gave me to the boss." Mr. Han laughed.
Ren Jiangfeng was silent for a while, "Old Han, next time you make such a decision, let me know first."
"What's going on?" Han Zheng had already closed his eyes and was resting. "Is it so difficult for New Taipei City to support such an amazing project and give a few million dollars?"
"I'm not as careless with money as you are. I'll have to report the situation later."
Li Yan walked out of the compound and got into Huang Zhan's car.
"Thirty million, is that enough?" Huang Zhan said with a smile.
"Boss Huang, do you want to add another 30 million?"
"I'm not as wealthy as them, but this probably isn't something that requires a lot of money..." Huang Zhan motioned to the driver to drive, "Are you going to use high salaries to recruit people, or to share shares?"
"Let's talk about it later. I have very high requirements." Li Yan smiled.
After all, my next step is to break through the 60% limit and explore the mysterious first-level skills. Once that day comes, I will be a nuclear weapon and an army of one man!
"Where's Mr. Han?"
"He followed Mayor Ren and Director Zuo upstairs. I don't know where he went."
"You don't want to gossip a little?" Huang Zhan teased, "Mr. Li."
The name "Mr. Li" coming out of Huang Zhan's mouth really made Li Yan shudder.
"Mr. Li is my father. I'm just a junior high school student."
Li Yan felt the car shake a bit. It seemed that the driver had just tried hard to manage his emotions.
(End of this chapter)