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Novel
Losing Money to Be a Tycoon
Chapter 419 - Boss Li's Plan
LOSING MONEY TO BE A TYCOON
C419 - Boss Li's Plan
Chapter 419 Boss Li's Plan
February 15th… Thriller Hostel…
Pei Qian had yet to recover from being stabbed on the back by his beloved employees on Valentine's Day. He had even thought of arranging a Thriller Hostel experience for all his staff.
However, he dismissed the idea since the project was not yet completed.
Let them go for the time being and settle the records with them once and for all after the Thriller Hostel was completed! Revenge was a dish best served cold.
When the time comes, he would arrange for all his employees to feel the love Boss Pei harbored for them!
At this time, Chen Kangtuo was telling Pei Qian about the completion of the second major project of Thriller Hostel.
"Boss Pei, the six small projects planned at the initial stages had been completed. The pulleys under the container can be randomly combined and moved, so that the players cannot guess which project they were going to enter next.
"The second big project is moderately difficult. It is mainly used to test a player's psychological endurance. You must fully memorize the requirements of the project before entering. You must then accurately complete all the requirements even if the order of the small projects is disrupted. Only then will you pass it and qualify for the third major project challenge.
"Of course, the players will be able to experience the entire project even if they fail the requirements unless they give up themselves.
"The fee for the second large project is set at 30 yuan according to Boss Pei's requirement. It is equivalent to only five yuan for each small project. I personally think this price may be a little too low.
"Plans for the first and third projects are being worked out quickly. It is expected that the construction will start this week. However, we optimistically estimate that it would be ready only in May or June next year since the construction period of these two projects would be longer. "There is a possibility of further delay if the quality of the project at that time cannot meet the requirements."
Pei Qian nodded. "En, not bad.
"Also, there is no need to worry about the price. Thriller Hostel is generally going to profit from the third project.
"We'll officially start business once all three projects are completed. Don't worry, we'll give priority in ensuring the quality and safety of the project."
It seemed like the haunted house project would not be able to be completed within this settlement cycle. It could only be pushed backward.
Fortunately, this settlement cycle allowed one unfinished project. If not, it would affect the settlement.
This way, Pei Qian could put his excess funds into the Thriller Hostel project which could greatly ease the pressure of excess funds before the settlement.
Of course, it might seem to be limitless on the surface, but there was actually still a limit.
The delayed project had to be done before the next settlement which meant that the project should not be too massive.
Take this Thriller Hostel for example. Pei Qian could well spend all the excess system funds on it, but the more money he spent, the greater the amount of work and a correspondingly longer time for completion.
If the next settlement cycle was in three months, the delayed project would be settled even if it had not started operations by then.
Therefore, Pei Qian had to consider the invisible restrictions when he would spend money at the Thriller Hostel. He could not just look at the present and ignore the long term effects.
In addition, since the Thriller Hostel had been selected as a project not to be completed in his cycle, all other projects including the cell phone, games, etc. must be completed.
Pei Qian looked at the time. The lab rat should be here soon.
As expected, Boss Li's car arrived outside the Thriller Hostel not long after.
"Boss Pei." Li Shi came over and shook hands with Pei Qian with happiness.
Pei Qian invited him to visit Thriller Hostel yesterday. Li Shi agreed without saying a second word.
His visit was mainly for two purposes. One was to examine the investment environment around the haunted house, and the other was to test Boss Pei's tone and the attitude of Dream Realization Ventures towards Top Student, Come Quick'. Were they really going to exit?
Pei Qian smiled and waved at Boss Li. "Boss Li, have some tea. You've come a long way."
Chen Kangtuo and Hao Qiong had been supervising the progress of the project here so a small office was built in advance. There were naturally snacks, drinks, tea, etc. It was very in line with the Tengda spirit.
Boss Li sat down on the sofa for one and sipped his tea while exclaiming. "I remember Boss Pei mentioned that you wanted me to be the first customer of the haunted house. I did not expect the progress of the haunted house to be so fast. It's very in line with the Tengda efficiency."
Hmmm… strictly speaking, you are not the first customer of Thriller Hostel since Ruan Guangjian had already experienced three small projects within it. Pei Qian thought silently.
However, Boss Li, you will be the first to experience the second big project in its entirety. There is no problem in saying you are the first customer.
Pei Qian drank his tea and corrected Li Shi's phrasing. "This is only the second big project of the Thriller Hostel. More than half of the work has just started so it cannot be formally operational just yet. "Moreover, this is not Tengda efficiency. Tengda never seeks speed but strives for constant improvement within a limited time."
"Constant improvement…" Li Shi pondered for a moment before asking very seriously. "So, is this project scary?" "Ahem, ahem." Pei Qian coughed lightly and glanced at Chen Kangtuo who was standing at the side. "How do you say this? It varies from person to person. You'll only know after experiencing it."
Chen Kangtuo handed the list with the content of the project to Boss Li. "This is an action to be completed in the project. Please go through it and memorize it."
Li Shi took this piece of paper. His eyes scanned the content on it, and his eyebrows could not help but be raised.
There are a few simple explanatory texts on it:
'Guests can ask to terminate the challenge at any time when they feel unwell.
'Keep in mind the various steps and execute them accurately during the challenge. You will be eligible for the third project of the Thriller Hostel when you successfully clear the process.
'You can continue to experience the entire process even if you took the wrong steps.
There is no time limit for items you have to memorize.
'Special note: The order of the following six items will be randomly disrupted during the challenge. Please do not memorize them mechanically.'
Next were the names of the six projects and the challenge items that needed to be achieved in each project.
There were basically five to seven challenge items each and had certain relevance to each other so it was not difficult to remember.
Take the bathroom project for example. It went like this:
Lock the bathroom door.
Pick up the red candle on the ground and light it.
Put the candle in front of the mirror and shut your eyes for three seconds before looking into the mirror.
Turn on the tap and wash your hands.
Lie in the bathtub and press the timer; blindfold your eyes until the timer stops.
The challenge items basically focused on the entrance, the bathroom mirror, and the bathtub. The order was from outside to the inside. It would take only two to three minutes to remember it with a clear mind.
Of course, it would take at least half an hour to learn all the items considering that the order of the small projects would be disrupted.
Li Shi quickly browsed through the requirements of all the small projects and fell silent.
It seemed… like it would not be as scary as he thought.
Li Shi came with the mentality of rushing to his death. That was because he knew Boss Pei strived to be perfect in everything he did. The haunted house project would definitely be terrifying!
However, it was slightly different from what he expected after seeing the list.
At present, the scariest haunted house had two characteristics. One was a long process; the other was having numerous staff interact with the guests.
However, this Thriller Hostel project was exactly the opposite.
Moreover, it could be seen from the paper that each of these challenge items were not too long. They might end in five to eight minutes so the total time taken would be about half an hour to 40 minutes.
Moreover, it seemed as though there would not be any staff pretending to be ghosts. That gave Boss Li some relief.
It seemed as though this project was mainly used to qualify for the third project so the level of terror was moderate.
Li Shi had some expectations after thinking about it.
He originally thought that if this project was too scary, then he would not experience it. He would then think of another way to get an answer from Boss Pei.
He could make an issue out of it now since it did not seem to be too scary.
"Boss Pei, can I have another reward if I stick to the complete process? The qualification for the third project is meaningless to me," Li Shi asked.
Pei Qian nodded. "Sure, what kind of reward would Boss Li want? Shall I give you a lifetime VIP for Thriller Hostel for you to come and experience it for free?"
Li Shi's face turned black. "What do I want that for?! Do you think I don't cherish my
life?
"Ahem, ahem, how about this? Boss Pei, if I can persist in this project by chance, would you tell me the truth about 'Top Student, Come Quick? Is Dream Realization Ventures going to cash out?"
Pei Qian laughed in his heart. Boss Li's request was exactly what he was looking for. Pei Qian was about to give him some advice even if he did not take the initiative to ask.
"No problem," Pei Qian agreed.
Li Shi raised his thumb. "Good! Boss Pei is indeed straightforward! I'll go and experience it. Boss Pei, don't break your promise."
Both of them had an ax to grind. Li Shi carefully recited the requirements written on the paper. After about a quarter of an hour, he recited them out loud again. He remembered them all.
"I'm ready." Li Shi stood up. Pei Qian nodded. "Boss Li, please go ahead."
Li Shi walked to the entrance of the second project with full confidence.
"He said he was afraid, but his pace is rather firm. Is Boss Li the same as Ruan Guangjian, pretending to be weak?"
Pei Qian suddenly felt a little uncertain about the Thriller Hostel project. However, he heard a tragic screen from within as soon as he walked to the front of the surveillance cameras.
"Ah!!!"
Boss Li, who had entered for less than a minute, fell to the ground with his hands wiping the back of his head frantically.
Boss Pei noticed that the first project that Boss Li entered randomly was the 'ceiling'.
The guest had to bend down to pick up a broken notebook under the table when he entered the room. A drop of water would drip from the ceiling onto the back of the guest's neck.
The guest would subconsciously raise their heads at this point in time to see that a board had been removed. A head with a pair of wide eyes shedding bloody tears would be looking down at the guest.
Obviously, Boss Li raised his head only to see this head. He was so scared that he screamed and retreated. He subconsciously wanted to wipe away the 'bloodstain' at the back of his neck after he fell to the ground.
Pei Qian was relieved upon seeing that.
"It seemed like there was no problem with the level of horror at Thriller Hostel. The one with the problem is actually Ruan Guangjian…"
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Novel
Losing Money to Be a Tycoon
Chapter 420 - The Method of Selling is a Problem
LOSING MONEY TO BE A TYCOON
C420 - The Method of Selling is a Problem
Chapter 420 The Method of Selling is a Problem
Chen Kangtuo and Hao Qiong dragged the jelly-legged Boss Li out after 20 minutes.
Boss Pei quickly brought some water to him. "Boss Li, drink some hot water quickly."
Li Shi sat paralyzed on the chair and took a sip from the teacup with both hands. The paleness in his face did not go away at all. "Boss Li, do you feel better?" Pei Qian asked with concern.
Li Shi waved his hand weakly. He did not even have the strength to speak.
Terrifying!
Li Shi thought it was very simple at first. Wasn't it just half an hour? You could survive by just gritting your teeth.
He also put a sneaky clause with Boss Pei by saying 'persevere in this project' rather than 'clear it'. That meant to say that he would be considered a win as long as he persisted to the end without clearing it.
The idea was voluptuous, but the reality was all bones.
Li Shi was nearly scared to death by the first project he entered into. He gave up on the fourth project. His legs gave way on the spot, and he had to be brought out by Chen Kangtuo and Hao Qiong.
There was only one thought left in Li Shi's unsettled heart: he must not underestimate Boss Pei at any time!
Take this haunted house challenge as an example. It did not seem scary on the surface. The process was not long, and there was no staff acting as spirits or ghosts. However, it was enough to scare a person half to death when they really experienced it!
Thinking back carefully, these projects were indeed not complicated but full of psychological cues.
To put it bluntly, it was to do everything possible to make the guests scare themselves!
He had to say that the effect was outstanding.
Boss Li held the teacup with trembling hands, feeling that he could often wake up in shock for at least a month.
The bloody head on the ceiling, the mirror in the bathroom… the rustling TV in the dimly lit living room…
These were common scenes at home, but they had now left him with a deep psychological shadow in his heart.
Boss Li who had always had the image of a mature man with a successful career was scared like a chicken waiting to be slaughtered. Pei Qian could not help but feel a little embarrassed.
Sigh, Boss Li just wanted to make some money. Therefore, even though he ruined my good plans so many times, his crime is not punishable by death.
I feel a little guilty, letting him experience such a scary haunted house just to hear some stuff from me.
Pei Qian felt that it was possible to temporarily cross out Boss Li from his notebook. Oh, no, push him down the list temporarily.
"Boss Li, you've worked hard. Your feedback on the haunted house is of great significance to us! Thank you very much!" Pei Qian's expression was extremely sincere.
Li Shi's pale face was now confused. "Huh? What feedback did I give?"
Pei Qian smiled. "Your screams are the best feedback. I have decided to give you information on the 'Top Student, Come Quick' as a form of gratitude.
"That's right, Dream Realization Ventures is selling their shares of 'Top Student, Come Quick'. This is my decision. Moreover, I hope that you will sell your shares away as soon as possible. These are my heartfelt thoughts; there is not a single word of falsehood!"
Pei Qian looked very serious.
There was no lie here. Pei Qian was indeed selling his shares, and he really hoped that the others would sell their shares, too. However, he hid his true intention: hoping that the 'Top Student, Come Quick' project would lose money.
Boss Li would definitely think that Boss Pei was going to sell all his shares in hand and cash out this way. He would naturally follow suit. The other investors would naturally dump their shares if they threw theirs together.
In actual fact, Pei Qian was planning to keep some shares in hand so that these shares would become worthless when the project fails.
That way, it would be a stop-loss order[1] even if this project could not make too much of a loss.
Li Shi observed Pei Qian's expression carefully before nodding. "I understand. I'll sell the shares in my hand if that's the case."
Pei Qian could not help but smile.
Done!
Boss Li had more than 20% shares in his hand now. Selling it together with Dream Realization Ventures would definitely smash their confidence in this project instantly!
Boss Li's shares would probably still be able to profit a little if it was successful. No one suffered; it was perfect!
Afternoon, Fu Hui Investments…
Li Shi was in his office, his eyes shut in deep thought. He was rather shocked in the morning at the Thriller Hostel, but work could not wait.
The information that he exchanged for with his life should be reliable.
Boss Pei said Dream Realization Ventures was selling their shares. It was indeed his thinking and recommended that Li Shi should sell his shares with him. Boss Pei should not be lying.
Li Shi decided after considering it for sometime.
Sell!
However, he had to think about how to sell.
The transfer of shares of a non-listed company generally required an internal offering. That meant that a shareholder would have priority to purchase the shares.
If no shareholders were willing to buy the shares, they would then sell the shares to outside parties if the shareholders agree during the shareholder meeting.
In other words, all the shareholders would know if Li Shi wanted to sell his shares in the first place.
The shares that Boss Pei sold were basically gobbled up by these internal shareholders as well. There were no new shareholders.
However, Boss Pei did not sell a lot of shares so these shareholders held their suspicion, but they did not think that Boss Pei was going to exit.
Then again, Li Shi was going to sell all of the 20% shares he held in his hands away. The exit was too obvious. There was no way the other shareholders would not know that he was trying to exit!
Most shareholders only invested in this project because Li Shi invested in it. The other investors would definitely panic if Li Shi were to sell his shares together with Boss Pei. If that were to happen, everyone would lose confidence in this project and sell their shares, too. The valuation of the company would then collapse instantly!
If that really happened, Li Shi would probably not be able to sell his shares for much of a profit.
Therefore, Li Shi felt that he should not sell this way.
He invested a total of four million yuan into such a good project. Its valuation would plummet if he were to throw it in such a way.
Profiting only a few hundred thousand after so much trouble?
Not possible!
Therefore, he had to sell them… but not in this way!
Li Shi searched for the contact info of the other investors. He decided to hold a mini-phone conference. The other investors replied in no time. They set the meeting to one hour later.
Li Shi took advantage of this time to sort his thoughts out a bit. He then recorded all the points that were needed to be spoken later.
One hour later, the telephone conference started on time.
"Boss Li, what is so urgent?" One of the investors on the 'Top Student, Come Quick' app asked.
Li Shi decided not to waste time and go directly to the point. "Boss Pei is probably cashing out. I'm also about to sell off all my shares."
There was a moment of silence, and then doubtful voices came. "Huh?"
"What? Are you sure?" "Now?"
"Where did you hear about that? Is it reliable?"
Obviously, most of them were skeptical and were unwilling to believe it instinctively. Everything was going well with the 'Top Student, Come Quick' app. It might be burning money fast, but the money was all exchanged for data!
They could continue to burn money until it gets listed to the stock market. The investors would profit many times over then!
This project was far from going downhill, and yet he wanted to exit now? That seemed rather unreasonable.
"I don't have to lie to you. Think about it. Isn't it the best time to cash out when the 'Top Student, Come Quick' app is on fire?
"Moreover, do you really think this project can be listed? Even if it could, how much money do we have to burn? A company must have at least three years of operating history before it can be listed!
"I would have no doubt that this company will be listed after three years if Boss Pei were to persist, but Boss Pei is going to withdraw now. Do you think this project will be able to last three years then?
"How much more money will be burnt according to the current rate of burning? Which of you would have so much money to burn? Who could guarantee that you could find financiers?
"Have you thought about what would happen when the money's gone?"
Everyone fell silent again.
Obviously, most investors understood and recognized Boss Li's views.
This project was credible only because of Boss Pei. If Boss Pei were to withdraw and confidence were to crash, then there would only be one ending to this project:
Get nothing back! A voice came from the phone after sometime. "Boss Li, why are you telling us these?"
Shouldn't he make a fortune in silence and sell his shares first? The confidence of this project by outsiders would be crushed if everyone were to sell now. No one would be able to profit from it!
Li Shi smiled. "What I mean is… I cannot just sell off stupidly since I've decided to sell.
"People would not want something cheap, but they would grab it if we desperately raise the price.
"Now, let us maximize our own interest. The best way is not to panic and sell to external parties in a frenzy but to continue stirring up the popularity of this project and then find a suitable buyer to sell all the shares at a high price 'unwillingly'!"
There were voices of approval on the phones immediately. One of them pondered for a while before talking. "Speaking of which… Boss Li, a vice president of Xude Education showed a strong interest in 'Top Student, Come Quick'. He wanted to buy the shares I had in hand. I hesitated and had yet to reply to him."
Boss Li smiled. "It sounds like this is the 'suitable buyer'."
Li Shi had plans in his head after hanging up the phone.
All the investors were now grasshoppers on the same rope. Their interests were all aligned. They wanted to sell their shares at as high a price as possible so there was no need to worry about someone leaking this secret.
The next step was for everyone to work out a way to continue the enthusiasm of the 'Top Student, Come Quick' project so that it would be of greater appeal to Xude Education.
Then… Xude Education would definitely continue to acquire shares of 'Top Student, Come Quick' to become a major shareholder of 'Top Student, Come Quick'. Li Shi and the rest would be able to cash out with huge profits.
As for Xude Education…
Li Shi did not have a good impression of this educational institute.
Xude Education sounded legit, but it was in fact a bad company. They posted false propaganda, made fake promises, and the salesperson had multiple identities when getting students to enroll. It could be said that they did anything to get money. Of course, such a company had grown to a large scale with its ubiquitous propaganda, aggressive marketing, and training of its sales personnel.
Many students were still naive about worldly affairs. Their parents also hoped they would become prominent in the future. Xude Education, therefore, managed to fool them all with their marketing tactics. It was very hard for money to be spit out once it was given to them.
Li Shi could not be like Boss Pei where every penny he earned was clean. He could only assume as much social responsibility as possible, for example… investing in Upwind Logistics which did not make much money.
Nonetheless, he still despised the behavior of Xude Education which was defrauding students.
Li Shi would not feel the least bit guilty letting such a black-hearted company take over.
[1] This is an order that limits the loss of a broker.
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