Tycoon: I Have an Unlimited Modifier novel Chapter 509

Chapter 509: Chapter 284: With a Cullinan, Life Is No Longer Hard

Qi Sheng had been a bit busy lately. He was getting a ton of visitors.

Especially the major banks, which were all sending people at the president level.

Their purpose was self-evident—they were all after his 3.78 billion in cash.

As for how 7.08 billion became 3.78 billion...

That, of course, was because Qi Sheng had once again spent money to upgrade his girlfriends’ looks.

Tao Siyao, Pan Yinuo, Pei Yinyin, Lai Manling, and Dong Bai.

Even Peng Caina had been upgraded to the "Peerless Beauty" girlfriend tier.

In addition, Qi Sheng had also upgraded Qin Qingyi to the "Top-Tier Girlfriend" level.

Although his cash reserves plummeted to 3.78 billion, his monthly income skyrocketed to 9.32 billion.

That fraction, of course, was contributed by Tang Qian.

After this round of upgrades, Qi Sheng had completely exhausted the potential of his group of girlfriends.

Even last year’s richest man, Old Ma, couldn’t compare to him.

Old Ma’s net worth was propped up by the stock market.

Not only was liquidating his assets a hassle, but it would also attract unwanted attention.

The System’s rewards, on the other hand, were far more diverse.

Funds could be wired directly into overseas accounts, allowing Qi Sheng to manage them remotely with ease.

Qi Sheng was inundated with invitations to all sorts of galas.

It wasn’t just the banks; many well-informed venture capital firms also came knocking, wanting him to become one of their backers.

Across the entire country, people with nearly 4 billion in cash on hand were few and far between.

"Boss, instead of letting all that capital sit in the big banks, why not let us at Jinshi Capital manage it? We can get you a return of at least 20%!"

Being in a prime position, Lu Fang naturally wanted to be the first to get a piece of the action.

"I know you’re eager, but calm down."

Qi Sheng smiled and waved his hand, signaling for Lu Fang to wait a moment.

"I can give you the funds, but 2 billion at most."

"Only 2 billion?"

Lu Fang was a little disappointed. She’d thought she could sweet-talk him into handing over all his cash.

"That’s not a small amount." 𝒻𝓇𝑒𝘦𝘸𝑒𝒷𝓃ℴ𝑣𝘦𝑙.𝒸ℴ𝘮

Qi Sheng smiled and shook his head. "How’s the valuation growth for the projects you’ve invested in?"

"On the Pop Mart project alone, our DPI has already exceeded 3x."

"Several other projects have also seen rapid growth in their valuations."

"Once we’ve fully exited, the total DPI will be at least 5x!"

Lu Fang gave her detailed report, then added at the end,

"Boss, Shein, which I invested in previously, is about to start its Series E funding round. Should we do a follow-on investment?"

"Shein?"

Qi Sheng was a little surprised. "You’ve got a good eye. Shein definitely has a lot of potential. Their valuation for the next round will at least triple, right?"

"I’ve spoken with President Xu at Shein. They’re asking for a valuation of no less than 15 billion US dollars. Compared to the price when we entered in the Series D round, that’s quadrupled!"

Lu Fang shook her head with a sigh. "That price is a little steep. Plus, a lot of sovereign wealth funds have their eyes on Shein. Jinshi Capital is too small; it will be very difficult for us to get another opportunity to invest."

"We’ll just be happy with a small profit. Their model is easy to replicate; Shein’s valuation is bound to plummet sooner or later."

Qi Sheng shook his head with a faint smile, not particularly concerned.

A valuation of a hundred billion US dollars isn’t so easy to achieve.

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