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Losing Money to Be a Tycoon Chapter 783 - Meng Chang's Performance

Losing Money to Be a Tycoon - BestLightNovel.com

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Chapter 783: Meng Chang’s Performance


Jingzhou, Dream Realization Ventures.


Meng Chang kept his cell phone, his expression as calm as usual. He was very shrewd, and no one could tell his true emotions.


Meng Chang had been thinking on the way here.


This weekend, Boss Pei had gone to Shanghai alone. The news of Long Yu Corporation and IOI being utterly defeated had spread like wildfire on the internet. He had broken through the circle without a doubt.


Meng Chang might not be interested in the esports industry at all, but he did not dare to be negligent and paid close attention since it concerned Boss Pei.


The more he read into it, the more amazed he was!


Meng Chang carefully a.n.a.lyzed Boss Pei ‘s actions in the IOI qualifiers and realized that Boss Pei really had a flawless plan. He did not make any mistakes at all and was ahead of Long Yu Corporation in every step.


What was even more amazing was that many of the steps in Boss Pei’s plan seemed to have a huge element of luck.


One coincidence could be said to be luck, but what about many coincidences?


Boss Pei would be very scary if it was all planned by him. That meant that his ability to devise strategies had surpa.s.sed most people’s imagination.


Boss Pei would be even scarier if it was not planned by him. That meant that his luck was heaven-defying.


One could not afford to offend someone who had a flawless plan. That was because he would use the difference in their IQs to rub you against the ground. One who had heaven-defying luck could not be provoked, because bad things could happen to them if they provoked him.


It was precisely because Boss Pei was so famous that many timid scammers kept their distance from him and did not dare to approach him.


Who did not know that Boss Pei had unparalleled wisdom and had a clear distinction between love and hate?


There were so many precedents, even big companies like Dayak Corporation and Long Yu Corporation could not withstand the pressure. Ordinary small fries would not dare to try and stop Boss Pei.


Meng Chang was in a similar state now. He felt very guilty!


He had only taken money from Dream Realization Ventures because Dream Realization Ventures was the easiest to obtain investment.


However, during this period of time, from the news conference to the additional investment that Boss Pei put in… Meng Chang felt that things were not that simple.


Boss Pei did not seem to be paying attention to the Cold-Faced Lady on the surface, but he could see everything clearly in the dark. None of his tricks escaped Boss Pei’s eyes.


However, the problem was that Meng Chang had already come this far.


If he had known that things would develop to this stage, Meng Chang might have chosen not to take Boss Pei’s money from the start.


However, the valuation of the Cold-Faced Lady had increased now that they had physical stores and was famous. Meng Chang was already trying all ways and means to get in touch with all the major investors and was just one step away from his final goal.


Meng Chang could not give up now.


He was just like a gambler who had already placed his chips on the table. The cards in his hand were not bad either. He would definitely not give up if he did not see the other party’s trump card now.


The situation with the cold-faced lady had changed ever since that inexplicable blunder last week.


Last week, Meng Chang had arranged for some investors to inspect the cold-faced lady’s store. In the end, he had no idea what happened but the kitchen was in a bad state and left a very bad impression on the investors. The investment that he had been so confident about getting had also failed.


Of course, these investors would not completely look down on the cold-faced lady just because of the mishap. However, once their expectations were discounted, the investment conditions would naturally become stricter.


Meng Chang could not accept these harsh conditions at all, so both sides entered a stalemate once again.


Both parties looked evenly matched on the surface, but the pressure was all on Meng Chang.


Investors had the money in their hands so it didn’t matter how long they wanted to wait. However, Meng Chang was burning money every second!


He had been spending more money previously. He had booked the entire venue for a conference and organized various marketing activities. The cold-faced lady had to make it to hot searches every now and then, and was becoming more famous.


However, all of these were sustained by burning money.


The cold-faced lady’s true form would be revealed once the money was gone.


What’s more, Meng Chang could not slow down his burning of money. Once the popularity dropped, investors would become even more suspicious of the cold-faced lady’s true situation.


Thus, Meng Chang had to continue looking for money. Otherwise, the cold-faced lady’s capital chain would become very dangerous.


After much thought, he could only look for Boss Pei.


Meng Chang could feel that most of the investors’ att.i.tudes were already very relaxed. He would definitely be able to get more money from the other investors and continue playing the game as long as Boss Pei gave him another sum of money to sustain the Cold-Faced Lady for a while longer.


However, Boss Pei had only given him six million yuan, not even half a month ago.


Meng Chang was a little worried that he would burn money too quickly and make Boss Pei unhappy.


Therefore, Meng Chang decided to personally make a trip to Jingzhou after making sufficient preparations to persuade Boss Pei.


He had already carefully prepared his powerpoint. At the same time, he had also worked hard to turn the statistics of the two stores profitable.


For example, he could use a longer period of depreciation for the various a.s.sets of the shop to push the capital expenditure further away, or, he could use word play to remove some of the marketing expenses from the capital expenditure. That way, the cold-faced lady would look very healthy and profitable on the powerpoint with very good prospects.


The Cold Faced Lady was impeccable in all aspects coupled with current brand reputation, cognition, trending figures, etc.


Moreover, strictly speaking, Meng Chang was not faking it. He had indeed used the correct number. However, he had modified the powerpoint and could easily lead investors astray with his words.


Of course, Meng Chang did not think that he could fool Boss Pei 100%. He was not that arrogant.


However, Meng Chang felt that he could at least give it a try and used real data, and Boss Pei was more or less clear about the financial situation of the cold-faced lady. Meng Chang had never thought of ways to get kickback from the cold-faced lady. He had been wholeheartedly thinking about generating high valuation profits.


Boss Pei would not invest anymore at best if he was not satisfied. Would he be able to undermine the company on the spot?


That was very unlikely.


Therefore, Meng Chang came to Jingzhou after making ample preparations and decided to give it a try.


Meng Chang saw He Desheng when he arrived at Dream Realization Ventures. Both of them shook hands warmly.


“Give me a moment. Boss Pei has agreed to meet you, but he just returned from Shanghai. He’s on his way here,” He Desheng said.


Meng Chang quickly nodded. “Of course, Boss Pei gave me this chance despite being so busy. I’ll definitely perform well!”


He Desheng did not say much and got someone to serve tea. The two of them chatted in the guest room as they waited for Boss Pei to arrive.


Boss Pei arrived about half an hour later.


Meng Chang quickly stepped forward and said eagerly, “Boss Pei! Welcome back from Shanghai! The legend of a small boat covering a thousand miles and a million strong soldiers take off their battle robes is really admirable!”


Meng Chang had been taking money from Boss Pei for the past few months, but he had never had the chance to interact with him face-to-face.


He could only say that Meng Chang’s level was too low previously and it was not worth Boss Pei taking the time to meet him.


However, as the cold-faced lady’s valuation grew higher, its performance in Dream Realization Ventures could be said to be outstanding. He had gradually gained Boss Pei’s favor and attention.


Thus, Meng Chang was filled with praises for Boss Pei when they met.


In his opinion, Boss Pei had gone to Shanghai alone and defeated Long Yu Corporation without using a single soldier. That was something to be proud of.


As the saying went, one should not slap a smiling face. Many people might say that they did not like bootlicking, but who would be unhappy if they felt comfortable while being bootlicked?


However, Boss Pei’s expression collapsed instantly to Meng Chang’s surprise. If he had been nonchalant earlier, he was obviously unhappy now.


Meng Chang could not help but feel a chill in his heart. This was bad.


What’s going on? Did I say something wrong?


It couldn’t be.


Meng Chang was extremely confused. Boss Pei did not even like ordinary compliments?


The corners of Pei Qian’s mouth twitched. The more he looked at Meng Chang, the more he disliked him.


I’ve just returned from Shanghai and my anger has yet to subside. Yet, this person is rubbing salt into my wounds!


However, Pei Qian was a magnanimous person after all. He did not say much and just entered the guest room with Meng Chang and He Desheng.


He Desheng had already called to report that Meng Chang had arrived in Jingzhou, hoping to report the situation of the cold-faced lady in person when Pei Qian was still on the high-speed rail.


Pei Qian did not think too much about it and agreed immediately. He had been keeping an eye on the cold-faced lady previously after all. He was very worried that he would suddenly start making profits one day and make him a lot of money. He was prepared to slip away at any time.


On the other hand, Meng Chang knew nothing about this. He thought that Boss Pei had agreed so readily because he thought highly of the cold-faced lady. He could not help but feel more confident.


He Desheng showed a powerpoint on the projector. Meng Chang readied his emotions and started his performance.


“Boss Pei, I came to Jingzhou this time mainly to report good news to you! The cold-faced lady has turned its losses into profits! While I cannot say for sure that this business model will succeed, it definitely means that the cold-faced lady has taken a solid step on the road to success!”


Pei Qian picked up his teacup and was about to take a sip of tea to moisten his throat when the teacup stopped in front of his mouth.


“The losses have been turned into profits? So fast?” Pei Qian sounded shocked and frightened.


Meng Chang could not help but feel elated when he saw Boss Pei’s reaction.


Boss Pei’s reaction was huge. That meant there was a chance!


He quickly continued, “That’s right. Boss Pei, you can see the current situation of the cold-faced lady from this graph. Our financial situation is very healthy. As long as we continue to invest more, we will definitely be able to reap rich rewards…”


Meng Chang was well-prepared. He had even made the data into various columns and pancake-like images. It was a clear picture.


Pei Qian looked at He Desheng skeptically and asked, “Are these figures… all accurate?”


He Desheng hesitated and nodded.


Meng Chang’s forceful operations to generate profits were a little flashy, most companies would more or less have similar operations in order to make their profits look good. It could not be considered fraud.


Boss Pei asked if the data was accurate, but he did not ask anything else. Of course, He Desheng answered truthfully. The data was indeed accurate.


Meng Chang was filled with excitement and was prepared to show off seeing Boss Pei’s reaction.


It looked like he would definitely win Boss Pei’s favor as long as he performed well today. It would not be a problem for him to get another few million yuan in investment!


However, Boss Pei raised his hand to stop him just as Meng Chang was about to continue.


“Alright, you don’t have to continue.”


Pei Qian turned to look at He Desheng. “Sell all of our shares in Cold-Faced Lady!”

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Losing Money to Be a Tycoon Chapter 783 - Meng Chang's Performance summary

You're reading Losing Money to Be a Tycoon. This manga has been translated by Updating. Author(s): Inebriation-seeking Blue Shirt, 青衫取醉. Already has 369 views.

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