Tycoon: I Have an Unlimited Modifier novel Chapter 299

Chapter 299: Chapter 172: A Small Goal

Zhuangyu Catering, General Manager’s Office.

Su Kai and Yuan Li sat opposite each other, chatting about interesting anecdotes from the world of business management and investment.

"President Yuan, if you’ll permit me to be blunt, a firm of Sequoia’s caliber could easily acquire all the shares your company is offering in its Series A round. Why not let Sequoia be the sole investor?"

Su Kai was finally showing his true colors.

A mere 2% stake was nowhere near enough to satisfy his appetite.

A valuation of one billion US dollars was an astronomical figure, difficult for a newly established firm like Black Ant Capital to accept.

But for Sequoia, it was barely worth a second glance.

Typically, Sequoia wouldn’t even enter the scene until after the Series B round.

Su Kai was in Chengdu on a business trip when he heard about a hot pot restaurant that had a two-hour wait.

Drawn by its reputation, he’d come to check it out and was instantly struck with the idea of investing.

"President Su, I’m confident that with Sequoia’s power, it’s only a matter of time before you could replace Black Ant Capital as Spicy King’s largest institutional shareholder."

Yuan Li didn’t refuse him outright, but her meaning was perfectly clear.

"But—"

Just as Su Kai was about to press his case, there was a sudden knock on the door.

"Come in."

Yuan Li gave Su Kai an apologetic smile and called for the secretary who had knocked to enter.

"President Yuan, President He and President Zhang from Black Ant Capital have arrived in the conference room. They want to sign the share purchase agreement as soon as possible."

The young secretary who entered was none other than Lai Manling, the one who had so stunningly impressed Qi Sheng at the annual gala.

After the New Year, Zhuangyu Catering had been busy expanding and had opened up some internal positions.

Lai Manling had beaten out numerous competitors to become Yuan Li’s much-admired young secretary.

"Don’t they need to perform due diligence?"

Yuan Li paused, then suddenly glanced at Su Kai and couldn’t help but chuckle.

’No wonder Black Ant Capital is in such a hurry. They have Sequoia, the big boss of the venture capital world, watching like a hawk.’

’How could they possibly worry about due diligence? They won’t rest easy until the contract is signed.’

"President He is here?"

Su Kai smiled upon hearing this. "President He and I are old friends. We invested in Pop Mart together. I never thought we’d end up co-investing in Spicy King as well."

"It just goes to show that both you and President He have excellent investment foresight."

Yuan Li suddenly felt a wave of emotion as she recalled her initial worries.

At the time, she had thought the one-billion-US-dollar valuation Qi Sheng had proposed was a bit outrageous.

But with Black Ant and Sequoia both coming to their door and accepting that valuation, her confidence was fully restored.

She had even used that valuation to turn away all subsequent venture capital firms that came inquiring.

If they didn’t accept the valuation, there was simply no need to waste each other’s time.

A one-billion-US-dollar valuation was enough to deter many venture capital firms with more conservative investment philosophies or weaker financial backing.

But a good project never lacks for investors.

Black Ant and Sequoia clearly both had a sharp eye for opportunity.

"President Yuan, if you don’t mind, I’d like to go say hello to my old friend."

Su Kai could just imagine how anxious He Yu must be.

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