[1] THE SCHOLAR ADVANCED TECHNOLOGY SYSTEM (END)

[1] THE SCHOLAR ADVANCED TECHNOLOGY SYSTEM (END)
Chapter 102: Investing Five Million

...welcome to read...


Translator: Translated Henyee Editor: Translated Henyee


"... I'll try and invest five million first."


When he said those words, his tone was so casual as if he was buying a bicycle.


This was the first time Lu Zhou had met such an impolite investor.


He didn't see the bullet points or PowerPoint or even he didn't ask for a business model. Undaunted, he opened with five million instantly ...


Things that Ms. taught. Lu Zhou was useless.


Poverty once again limited his imagination.


Liu Wanshan was a busy person, and he did not like to waste a single day. He casually asked his secretary to come over, take Lu Zhou to the hotel manager's office, and print out the contract.


There was a template for this type of contract, so he only needed to modify the template.


According to the agreement between Chairman Liu and Lu Zhou, Zhongshan New Material will finance 5 million yuan and acquire a 20% stake in the Campus Assistant.


Of course, those five million won't be given at once.


According to general financing practices, the two parties will first sign an equity transfer agreement, and then the first batch of 500,000 yuan will be sent to the Campus Assistant account. After that, 500,000 yuan will be paid at the beginning of each month, for 10 months.


This type of financing method is to protect the rights and interests of investors and to prevent entrepreneurs from misusing funds or causing legal problems due to extreme behavior.


However, if the investor refuses to fulfill the financing agreement and delays the payment for more than one month, a so-called "divestation" occurs. Equity held by investors will be restored. As for the money already invested, it will depend on the startup's ability to pay.


Of course, these kinds of things usually wouldn't happen.


Letter of intent signed immediately. The specific agreement on equity and financing will be completed in three days. When the time comes, Zhongshan New Material will send someone to the university to sign the contract.


Just like this, a letter of intent of investment worth 5 million has been signed.


Lu Zhou counted. It didn't even take an hour for him ...


As the money was transferred from the VIP channel, he quickly received a message from ICBC.


Total 500k yuan.


Lu Zhou put the pen on the table. He was confused and asked, "Did you not want to see our business plan?"


Liu Wanshan smiled and waved his head, “What use is that? Bullet points? Power Point's? It's all about fooling people. I don't invest in businesses, I invest in people. You are talented and worthy of my investment. Even if I make a mistake, I will lose what, the value of a car? ”


Lu Zhou was completely silent.


Maybe, what is the rich man like?


He thought of the half-month in which Fat Wu and Yuan Liwei struggled and failed to earn 2 million. And now, he chatted a few words and secured five million ...


Suddenly, there was an indescribable pleasant feeling blooming in his heart.


Liu Wanshan spoke a little more with Professor Li before he left. After all, he had other important people to talk to.


Professor Li looked at Lu Zhou who was immersed in the knowledge of five million yuan worth of investment and he asked, "What, surprised?"


Lu Zhou nodded slowly.


"Just five million, what's surprising?" Professor Li Rongen said with a smile. He then added, "If you help me with some projects, I can even help you with Series A funding."


Professor Li looked at Lu Zhou's incredulous face and said nothing. Instead, he just smiled and walked away.


Even though the table was filled with delicious food, Lu Zhou was unable to taste anything.


The year-long research finally produced results, and everyone was very happy. Research, entrepreneurs, company executives, and everyone have fun because they congratulate each other.


Lu Zhou was forced by some researchers to drink. After a few rounds, he was already drunk.


Lu Zhou always thought that he could manage his alcohol well enough. He would always drink with his roommate, which made him think that he could drink.


Fortunately, it wasn't him who fainted just yet.


Red-faced Brother Qian fainted on the table.


They ate until eight before leaving.


After they left, Chairman Liu called the two drivers and sent Lu Zhou back to campus.


Liu Bo bid farewell to Lu Zhou before he brought Brother Qian into his graduate dormitory.


When Lu Zhou walked alone on the path overgrown with sycamore trees, he felt a cold wind blowing and he could hear the singing coming from the gymnasium.


He stood under the umbrella tree and shook his head before pulling out his phone. He then called Fat Wu.


"Hello? What's up?"


The voice from the phone was noisy like he was in a subway station.


By the way, Wu Dahai and the managers were working hard for the startup, but Lu Zhou did his science research project, not contributing at all.


Yet…


It seems Lu Zhou is the MVP.


"Done."


When Fat Wu heard Lu Zhou's words, he asked, "What happened?"


"Financing, Zhongshan New Materials invest 5 million."


The other end of the phone went off without a sound.


After a while, Fat Wu coughed and spoke.


"How much? I didn't hear you. "


"Five million."


Fat Wu took a deep breath.


Five million!


Five million in angel financing!


According to their initial plan, they were happy to get two million in angel financing. With 200 thousand per month for promotion, they will have a six-month runway and get six million users. Then they can do another round of financing ...


However, they got five million from only one angel found.


Lu Zhou coughed and broke the silence, "Say something, strangely you didn't say anything."


Fat Wu was leaning against a pillar in the subway station. His fingers trembled with excitement, and he would pick up a cigarette when he saw the sign of not smoking. Smiling, he said, “Say what? I don't want to say anything, I just want to smoke in silence. "


Lu Zhou asked, "What about Yuan Liwei?"


Fat Wu, “I parted with him, he should be out now ... I'll call him and tell him to go back to college. Oh yeah, did you sign the contract? Or just a letter of intent? "


Lu Zhou took a deep breath and said, "Only a letter of intent, but the other party is sincere. I've got a 500,000 yuan advance. The contract will be signed in three days. Let's have a meeting tomorrow night. Go and book the classroom. "


Fat Wu controlled his breathing and said, "OK, do you want me to send a message to them in the chat group?"


"Let me tell them," Lu Zhou said. He paused for a moment before saying, "The phone call looks more official."


Lu Zhou took out an investment letter of intent and went straight to his dormitory. He then called out to Yuan Liwei, Rong Hai, and all the other club members. He also told them about the meeting tomorrow.


Five million investment.


What does it mean for a group of self-employed students?


That means the whole world ...


In some ways, Lu Zhou felt like he changed the lives of eight people.


He doesn't know if this is a good thing. If it wasn't for him, those people would have had completely different lives.


He knew that many people would not be able to sleep tonight.


Seriate