I'm A Baller - Chapter 428
Chapter 428: Three Ways to Make Money
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
The money-spinner was sent by Chu Hong, and it was Chen Xi. He did not rest during the holidays and had sent an invitation to Wang Yan.
“The 2016 China Cultural and Entertainment Industry Investment Summit? What’s it for?”
Chen Xi explained, “It’s just an investment exchange that is similar to a forum. The founders and investors of the cultural and entertainment industry gather together to brag and pull investments — these are Chu Hong’s original words.”
The young master was slightly interested. “Will there be many people?”
Chen Xi nodded. “All the famous founders and investors in the country should be there. I heard that it was quite lively last year, with more than a billion dollars in total invested.”
After a pause, she continued, “This year is the year for live streaming. Many start-ups in the live streaming industry have been invited. Wangting Entertainment’s appearance at the summit should be very popular.”
Wang Yan lowered his head to look at the time and place and immediately frowned.
March, Beijing.
At that time, he would be filming The Witch, so he might not have the time to go.
Moreover, based on the time frame given, the actual day that he would really get the investment might be delayed until May or June. He could not wait that long.
The most important thing was that Wangting Entertainment actually did not lack money. The one who lacked money was himself.
With that thought in mind, he lost interest. “Thank you for coming over. We’ll talk more about it when the time comes.”
Chen Xi understood, she hurriedly added, “If you’re not interested in the summit, our industry will organize a small meeting in a few days. The main purpose is to prepare an investment promotion for our high-net-worth clients. We sincerely hope that you’ll attend, and we won’t need you to do anything…”
“What do you mean?”
After Chen Xi explained, Wang Yan finally understood.
It was to invite a bunch of high-net-worth clients to the meeting. In the name of “introducing investment opportunities,” they would trick people into coming, before selling their wealth management services, pulling deposits, and making connections.
In essence, it was a cover, but they still had to make a decent impression regardless.
Therefore, they had to have a good investment target to attend the meeting. It was one thing whether the target accepted the investment or not. The person had to be there in the first place to understand.
To put it bluntly, it was just a bait.
In previous years, the bank could pull in private equity tycoons and star founders to make up the numbers. For example, after Wang Yawei left Huaxia, he would run to the bank every year and brag about the appearance fee of at least one million yuan. Moreover, as not every bank would accept the invitation, he would only appear at high-level meetings.
But with the current situation, who would dare to invite the so-called stars in the financial market?
Xu Qiang had been killed as a sacrifice to divert the attention away from the stock market disaster. The smart ones had long gone far away.
Chen Xi sighed. “We can’t hire founders. No one wants the shares of the new third board. The core real estate products that are securitized are strictly regulated. This year, we can only focus on artworks, venture capital, and ecological concepts. It’s too difficult right now.”
The amount of information contained in these words could be said to be infinite. Every single sentence was a big deal, and Wang Yan could only understand a small part of it.
Her biggest thought was, “Your bank’s tactics are really deep!”
Chen Xi originally wanted to continue convincing Wang Yan, but thinking about Wang Yan’s past record, she suddenly broke the bottle and said, “You have to come anyway!”
Eh?
Was she acting coquettishly?
The young master looked at her with a deep stare, until she admitted defeat and begged for mercy, “Just help me! Besides, there are a lot of thrifty people who have money but nowhere to invest. There are definitely people who are willing to invest in your company at a premium. It’s up to you whether you want to accept it or not. You won’t lose anything by helping…”
Alright, she was indeed acting coquettishly.
Wasn’t this girl’s change of attitude a little too sudden?
Anyone could tell that Wang Yan really didn’t do anything worthy of this treatment!
Needless to say, there must be some internal story between them that caused such a change.
Was it good or bad?
For the time being, it wasn’t easy to talk about it.
However, she, who had always been dignified and cold, suddenly acted coquettishly. She had a different style and was even more seductive than Sister Bai when acting like this.
Unfortunately, Young Master Wang’s thoughts were not on her at all.
“Where can I find so many fools?”
“There are lots of them.”
Chen Xi’s spirits were lifted and she explained to him seriously.
“The simplest one is to demolish two buildings, collect a few years’ rent, sell one because it’s too tiring to keep collecting, and get a quick 500 million in one go. Then, with so much cash in hand, I really don’t know what to do. Every time I start a business, I suffer a loss. I want to invest in it, but I don’t have the channels, so I just leave the money in the bank and wait for interest… don’t laugh! Really, there are so many people like that!”
Wang Yan really couldn’t help it.
He really couldn’t imagine how such a thing could happen, but it had to be true.
The abnormal nouveau riche class in the country seriously lacked investment channels. Otherwise, how could there be Chinese aunties sweeping waves in the world of gold?
The rich could buy gold, the richer could invest in houses, what could the richest not invest in?
For Wang Yan, this is actually a good opportunity.
Wangting Entertainment’s market value is 1.2 billion, selling the stock at this price will incur a slight loss.
But if the premium reaches 3 billion, 5% of the shares can be cashed out 150 million, it will be a huge profit.
The most crucial point is — individual investors will not affect Wangting Entertainment’s control of itself.
If they dared to jump, the company would be able to take it back whenever they wanted.
From the looks of it, attending the meeting was not bad for Wangting Entertainment. He just had to go.
“Alright, I’ll go. What the heck! But Wangting Entertainment doesn’t have anyone to spare right now. You will stay and help me with the Powerpoint Presentation!”
The young master was able to hold onto Chen Xi just like that.
At first, she was a little confused, but after pondering for a few seconds, she bit her lip and lowered her head. “Okay, but I don’t work overtime at night…”
“It’s okay, you can work during the day too.”
Chen Xi’s heart skipped a beat, and she subconsciously clenched her fingers.
Why did these words sound so strange?
But looking at Wang Yan, his expression was very normal, as if it was just a casual reply. Chen Xi felt that she was thinking too much.
Anyway, I’ll just obediently do the powerpoint presentations, so it shouldn’t be a big deal.
What if something happened?
What should she do then?
She didn’t think about it.
She didn’t dare to think about it, didn’t want to think about it, and didn’t want to think about it in vain.
..
She decided to attend the conference and listed the “2016 China Cultural and Entertainment Industry Investment Summit” as a possibility in the future. Wang Yan hosted Huang Yiqing in the company again.
The Golden Boy.
Director Huang was now more troubled, but his pride didn’t change. He started to point fingers at Wangting Entertainment.
“Brother, is your company a little messy? You can’t continue to expand like this. The team can’t keep up. If you continue to expand blindly and your foundation isn’t stable, you’ll have a headache in the future! It’s good to be young and energetic, but you can’t just keep your head down when running a company. You also have to look up at the road ahead…”
Wang Yan almost laughed out of anger.
Where did this guy’s young age go?
By right, his father was also a decent real estate developer. How did he raise a successor with such a low EQ?
The young master could not be bothered to argue with him. He was just about to send him off when this fellow finally revealed his intentions.
“There’s a match in a few days. Are you interested, brother?”
This person could not grasp the main point of the conversation at all. He wanted to have a match without even thinking. He did not even mention the reason, method, and benefits. Where did his interests come from?
The young master declined politely. “I’ve been quite busy recently.”
Huang Yiqing said something stupid again. “There will be bets for this competition. The bets on the outside might be in the hundreds of millions. I won’t let you run for nothing.”
Wang Yan was interested in this matter, so it was even more impossible for him to agree to it.
“Brother Huang, I’ve been really busy recently. I’m going to have a meeting right now. I’ll think about it later.”
Huang Yiqing had no choice but to ask Wang Yan out for a meal to discuss the matter in detail. He was perfunctorily brushed off by the young master.
Later, Wang Yan went to look for Zhou Jianwu and finally found out what was going on.
In the domestic supercar circle, there was the SCC in the capital and the SSCC in Shanghai. The two had always been particularly at loggerheads.
The remaining FFF, HAC, GSCC, CQSCC and the other clubs did not participate in the competition. They closed their doors to play, and their relationships with the SSCC was not very harmonious.
After all, the Shanghai Supercar Club had such a weird president. When he went crazy, he defamed even his own wife and offended many other people.
Normally, no one would have much interaction with each other. However, the conditions in Shanghai were too unique. More than half of the new models of the top supercars would choose to appear in the Shanghai Racing Field.
On top of that, there were regional conflicts. There were also club-level honors and personal grudges to fight for below, so there would be conflicts from time to time.
This time, it was originally a bet between the SCC and the SSCC. Then, the HAC’s founder, Fu Songyang, came at the right time because of the launch of the new Koenigsegg model. This guy also looked down on Huang Yiqing. In the end, he stepped in and expanded the bet.
The domestic supercar circle was just a small world. There were various sects and factions, and they had never been said to be soft.
The official Supercar Championship was a competition for honor. It was not suitable to resolve personal grudges. On the contrary, a private bet to determine the winner was more popular.
Now, it was not just a small matter for the three clubs, but a big matter that affected the entire circle.
The outside world could not hear about it, but the circle itself was spreading vigorously. That was the portrayal of the current situation.
In fact, when Wang Yan first used the G65 drift, this bet was already in the pipeline. That was why the club’s senior management paid so much attention to the young master.
Originally, this bet could have continued to drag on, only ending completely when one side had admitted defeat.
However, Young Master Wang just had to use the Laferrari to run out of the curve speed record and join the SSCC. This gave Huang Yiqing confidence again, and a while ago, he started pretending to be arrogant again.
The result was that the gamble had been pushed to the highest, and now it was almost inevitable.
The funny thing was, just as the race was about to start, the SSCC lost a driver.
According to the rules of the gamble, the driver must be an official member of the club, and pro players were not allowed to participate in the race.
Lin Zhiying of HAC had the status of a professional racer, so she couldn’t participate.
Han Han, who hadn’t joined any club, couldn’t participate either, as he was also a professional racer.
There were many underground racers abroad in Hong Kong and Taiwan that could be hired with money, but most of them had their driving licenses revoked. Even if they had joined the club temporarily, they still couldn’t participate.
Although this was an underground race, it was still legal on the surface and had to respect domestic laws and regulations.
Under the heavy restrictions, only amateurs could serve as drivers.
Therefore, Wang Yan suddenly became extremely careful.
After Zhou Jianwu had a clear argument with Young Master Wang, he advised him to go on stage and show the spirit and elegance of the SSCC, but Wang Yan did not immediately agree.
What a joke, I’m not some lowly man!
You think I’ll go up and risk my life with just a word from you?
Just as he put down his phone, Chu Xin called again.
“Brother, if you’re confident, go ahead. But don’t go for nothing. Huang Yiqing has a favor to ask of you. If you don’t extort him, I’ll feel sorry for you. Don’t bother too much about this matter. Sister Xu Jiao and I will step in for you. Wait for us!”
Then, it really had nothing to do with Wang Yan.
The young master started to busy himself with other matters. On the night of the second, the conditions were laid out in front of him.
5 million appearance fee, regardless of whether it was a win or a loss.
This money didn’t seem to be a lot, but it was definitely not a small amount. Hiring an underground racer overseas was only 500,000 US dollars.
This wasn’t the end.
If he could win, 20% of all the profits that belonged to SSCC in the bet would be given to Wang Yan.
At least four or five parties would participate, and the winner would take it all. It was definitely not a small number.
Finally, Wang Yan could also place his own bet.
This was interesting.
Even if his share of the money was not huge, he could always directly find his opponent.
If his luck was good enough, wouldn’t it be wonderful to get a car of the gods?
However, the most important point was — who was his opponent.
Potential was potential, and strength was strength. [ The Car of the God of Rampage ] was super awesome only in the drift domain, it was not certain that it would win in a field competition.
If he did not win against his opponent, he would have to pay a month’s breathing wages. That would be a joke.
“Alright, I’ll take it. Which car should I use for the race?”
“Laferrari!”
Chu Xin was even more excited than Wang Yan. “Sister Ye said that if you dare to use it, she will lend it!”
Very good, he had an extra point in his grasp.
As for whether he should personally participate in the bet… they would discuss it as it happens.
The competition started on the tenth, and the specific time was still being coordinated. The young master’s most recent focus was on driving.
With such a big event, Wang Yan didn’t think much of it when he found the money boy, C.
The one who came was Black Tiger, who asked Wang Yan to go to Pingzhou to play.
Where was that?
For a moment, he didn’t react, and Wang Yan directly pushed it to the end. “After I’m done with this, I’ll accompany you to wherever you want me to. Now, don’t delay me from earning some pocket money!”
As the news continued to spread, it was said that Wang Siming, Qin Lao, and many other top young masters were interested in joining in the fun. Now, if Wang Yan and Black Tiger could win, it wouldn’t just be some pocket money.
