Chapter 417 - Boss Pei in Good Times (1/2)
Pei Qian asked about the other aspects in more detail and finally drew a conclusion: ‘Top Student, Come Quick’ was safe for now.
“Phew… I must have been overthinking.
“Shared projects like that should continue to burn money for a long time in the beginning. How could it start generating profits so soon? That’s impossible.
“I have to let it burn more money during this period, so that I can break the capital chain as soon as possible!”
Pei Qian heaved a sigh of relief.
He felt like he was racing against time. Mainly, he had to see which of them would come first: the Shared Top Student project becoming popular or him spending all his money.
Once the capital chain broke and they ran out of funds to plug the gaps, the entire project would collapse very quickly. For all he knew, they might even incur huge debts. That would be a beautiful outcome.
Pei Qian stood up and prepared to leave.
At that moment, He Desheng’s cell phone rang. He Desheng looked hesitant. Logically, he should walk Boss Pei out first. However, after seeing the number, he felt the urge to pick up the call immediately.
Pei Qian glanced at him and said, “Go ahead and answer the call; don’t worry about me.”
He Desheng nodded and did as he was told. “Hello? Boss Li?”
Pei Qian was speechless. A bad feeling washed over him.
He Desheng’s expression turned somber as he listened. Then, he nodded profusely and said, “Alright, Boss Li! No problem, Boss Li! Thank you, Boss Li!” Pei Qian, “?”
An even worse feeling washed over him. He Desheng hung up and said, “Boss Pei, there’s good news! Boss Li thinks that “Top Student, Come Quick’ is becoming very popular, and its fanbase is rapidly expanding. He sees a lot of potential in the project and has decided to invest another three million
yuan!
“What’s more, under his leadership, the other investors became more confident as well. We don’t have to worry about not having enough funds in the short term!”
Pei Qian looked at He Desheng, confused. His mind was filled with question marks.
What the f*ck…?
Every time the situation improves slightly, Boss Li would appear! Pei Qian hated him to the core. However, on further thought, that seemed reasonable. Boss Li had only invested a million yuan to begin with.
Pei Qian had known that the project was bound to fail. Not wanting Boss Li to waste too much money, Pei Qian had good-heartedly persuaded him to only invest that amount.
However, Boss Li had been holding himself back!
He, who had only invested a million yuan, had been observing the current situation and thinking that he was losing out by stepping back. Thus, he had decided to invest more money and generate more profit. Pei Qian felt very tired.
All of you are creating problems for me again and again. When will all of this end?!
Pei Qian felt like he was in charge of a furnace. He had been filling it with charcoal, wanting to finish up all the charcoal, so he could knock off work and go home.
However, all of those people were bringing more charcoal to him by the truckload. No matter how hard he tried, he could not finish up all the charcoal!
That was not it. The more charcoal he put into the furnace, the faster they burned and the larger the fire got…
Pei Qian, who had gotten up to leave at first, quickly sat down again. His expression darkened, and the pressure mounted. He was at a loss as to what to do next.
He Desheng looked at Boss Pei’s somber expression, and his eyes lit up.
He’s here! ‘Boss Pei in Good Times’!
Everyone knew that, during bad times, Boss Pei would automatically infect the people around him with his positive attitude. That would motivate everyone to overcome the difficulty together.
However, during good times, Boss Pei would look somber and occupied. That signified that Boss Pei was thinking about possible dangers. He was coming up with a long-term plan for the future, which would deal with threats that could surface during the good times.
Obviously, Boss Pei was now in the ‘good times’ mode!
Not daring to disturb him, He Desheng stepped back and waited in silence.
Perhaps a single word from ‘Boss Pei in Good Times’ after brainstorming would teach He Desheng a lot! Pei Qian felt hopeless and conflicted. Should he carry on and burn more money? Yet, what if the project became more and more successful? Should he retreat and sell all of his shares?
Yet, given the current situation, the profits he would reap could reduce him to tears immediately.
‘Top Student, Come Quick’ had undergone two rounds of financing. Dream Realization Ventures had already invested close to ten million yuan in the project. In reality, the amount of shares that Pei Qian held (including those from the entrepreneurial team and Dream Realization Ventures) had fallen from ninety percent to about sixty percent.
However, that also meant that ‘Top Student, Come Quick’s company value had ballooned to about 25 million yuan.
Of course, that was just a number. Whether it would change or not depended on if people would buy his shares.
Still, looking at the investors’ confidence in the project, Pei Qian was sure that people would want to buy his shares as long as he was willing to put them up for sale. What should I do?! It’s too dangerous.
Pei Qian felt like he was walking a tightrope. A single misstep could send him into a bottomless pit.
Calm down. Let me think. What’s the most important thing for investors?
Confidence!
At the moment, ‘Top Student, Come Quick’s value is increasing rapidly because its investors think that Tengda is backing the project. That’s why they have unrealistic confidence in it.
I have to think of a way to get rid of this confidence to get out of this predicament!
As long as everyone’s confidence collapses, they’ll start thinking about selling their shares and escaping. Once people lose confidence in the project, its value will crumble.
Yes, that’s the only way.
After some consideration, Pei Qian found his
goal.
Yet, how could he shatter everyone’s confidence? Should he conjure negative news?
However, the System’s regulations would restrict him from using underhanded means like that.
What’s more, everyone had invested a considerable sum. That symbolized their unflinching confidence in this project. Pei Qian could try and tell them that the project was unreliable, but nobody would believe him.