From Wage Slave to Tycoon novel Chapter 106

Chapter 106: Chapter 96: Sometimes Missing Out Isn’t a Bad Thing

These were high-quality small businesses, all carefully selected by our internal teams. They’re all just starting out. Each company’s financing round was between seven or eight hundred thousand to one or two million—nothing like Byte’s previous round, which was in the tens of millions.

Su Chen nodded thoughtfully, then asked out of the blue, "Is the company running low on cash?"

"Er... The company’s funds are more than sufficient. We currently have over one hundred fifty million!" Pei Rang said with a smile.

Over one hundred fifty million? Su Chen glanced at Pei Rang in surprise, his eyes telling him to stop beating around the bush and get straight to the point.

You see, Su Chen had transferred a total of three hundred fifty million to the company. Of that, fifty million was paid out in bonuses to the staff. The Byte financing and acquisition cost over twenty million US Dollars, which was nearly two hundred million RMB. Now, another fifty million had been invested. How could there possibly still be one hundred fifty million on the books?

So where did the extra hundred million come from?

The answer: playing the stock market.

As an investment firm, Yunmengze Capital would naturally only invest in other companies after ensuring it had sufficient operating capital.

Pei Rang and Zong Xinyao were in complete agreement on this. Pei Rang led the investment team, making frequent plays in both domestic and international stock markets—futures, short-term trades, you name it. As long as it was profitable, they seized the opportunity, whether the returns were in the tens of thousands or hundreds of thousands.

Meanwhile, Zong Xinyao led the internal team responsible for screening promising enterprises. During the month or so that Su Chen was away, all of Yunmengze Capital operated at an incredible pace, which was how they managed to secure investments in twenty-three quality companies in such a short time.

The total investment amount wasn’t huge, but it covered a very wide range of sectors. As long as just one of those companies broke out, their investments wouldn’t be considered a failure.

Why was everyone at Yunmengze Capital, from top to bottom, working so hard and in such unity? It was all because of the fifty-million-yuan bonus Su Chen had handed out. It showed everyone that hard work truly pays off. Even though the rank-and-file employees didn’t receive as much as Pei Rang and the senior staff, they each still got twenty to thirty thousand. This made them realize their boss was no cheapskate...

That alone was enough to make everyone strive to do their best.

"Well, well, Pei Rang. I was wondering why you were so proactive today, leaving at three or four in the morning to wait for me at the airport. It turns out you’re here to fish for compliments!" Su Chen teased with a laugh.

"Hehe, Boss, I had no such intention! I came to pick you up out of sheer sincerity!" Pei Rang quickly, and unconvincingly, argued.

"Alright, alright. I know you, Zong Xinyao, and everyone else at the company have been working hard. As for the reward..." Su Chen paused in thought for a moment before continuing, "I won’t be handing one out for now. Wait until the end of the year, and I’ll give you all a huge one!"

’Su Chen had just given out a bonus, so giving out another one right now would be overkill. It would be much better to wait until the end of the year. The whole company could celebrate properly, and everyone could go home happy for the New Year.’

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