Unlimited modification of Shenhao

Chapter 249 Capital bosses are nothing (page 12)

In mid-August, all La Wang stores in four major first-tier cities began to open.

The early staffing adjustments alone gave Yuan Li a few more crow's feet.

Regarding the next round of financing valuation, Yuan Li deliberately removed elite personnel from within.

The original 21 store managers, plus some deputy store managers with outstanding performance.

Dispatched to four first-tier cities as store manager.

Here, there is Mei Lin.

As an elite talent, Mei Lin's performance was outstanding and Yuan Li had always noticed her.

From a working girl who dropped out of high school to a store manager with an annual income of millions.

Mei Lin’s resume is legendary.

Thanks to Lawang’s ample cash flow.

Qi Sheng is at the elite level of the store manager and the ordinary level of the deputy store manager, and is directly equipped with complete equipment.

The mountains are high and the emperor is far away, and there are talents provided by the system.

Only Qi Sheng, the hands-off shopkeeper, can do this with peace of mind.

The business of these 24 stores has been very prosperous since opening.

The population of first-tier cities is enough to ensure the lower limit of passenger flow.

The per capita consumption of 249 is also at a medium level.

After all, white-collar workers in big cities also have an income of seven to eight thousand.

This kind of price is still affordable.

The most important thing is the spicy taste.

Whether you like the spicy Sichuan and Chongqing flavor, or you like the clear tomato soup base.

As long as you check in the Spicy King, it will be difficult not to get addicted.

Delicious +100% buff, the effect is so awesome.

In terms of service, La Wang is also not bad.

The taste even surpasses many local hot pot brands.

Regardless of whether you think about it or not, it is unacceptable.

With these 24 stores, they have reached a table turnover rate of 4 times.

Net profit margin has also reached the 20% baseline.

The combined daily turnover of all La Wang stores has reached a terrifying 1800 million yuan.

That’s not counting weekends and holidays.

On average, the monthly turnover can reach 6 million.

Based on a rough calculation of 20% net profit, that is a monthly income of 1.2 million.

After all, Qi Sheng had a system to help him cheat.

The higher net profit is reasonable, right?

Speaking of which, La Wang offered a sky-high valuation of US$100 billion.

Many venture capital investors feel that this is a bit inflated, or even a dream.

But as the number of La Wang stores reached 45, the turnover continued to rise.

The net profit is even more eye-catching.

Many venture capital investors who were still waiting and watching suddenly became unable to sit still.

Start to continuously increase expected valuations.

No one has the nerve to mention US$50 billion.

This kind of cash cow enterprise, which can make stable profits even before going public, is naturally a hot commodity in the capital market.

Countless venture capitalists are thinking hard and want to get on the bus and make a fortune.

Someone who was well-informed found Wang Han and others and helped to set up a bridge.

This made Qi Sheng extremely annoyed, and it was quiet until he turned off the phone card.

Wang Han accompanied Qi Sheng to play billiards, his tone was teasing and he couldn't hide his envy.

"If anyone comes to you in the future, just push it for me."

"You can't bear the valuation of US$100 billion, so there is no need to come see me."

Qi Shenghun didn't care about Wang Han's teasing and made another clean shot.

"How many innings have it been? I'm going to tee off. Can you give me a sense of participation?"

Wang Han watched Qi Sheng send Hei Ba into the ball bag again, and couldn't help but feel resentment in his eyes.

"Who told you to be such a bad guy?"

It's not that Qi Sheng didn't give Wang Han a chance.

But the opponent's level is not even up to that of an amateur.

If you play with ordinary people, you are not too good.

But playing with a cheat like Qi Sheng, who has almost full skills, will only lead to abuse.

Even if Ding Junhui came, he would have to stand by holding a billiard cue to watch his performance.

"No more fun, it's still fun to fight with Lao Fu and the others."

Wang Han instantly lost his love for billiards and missed his friends who were also noobs.

"I'll make a call first."

Qi Sheng returned to the rest area and took a drink of water. When he saw a missed call from an old friend, he answered it directly.

"Mr. He?"

"Director Qi, are you still in the Magic City?"

"Playing billiards with friends."

"Then give me a seat and I'll explain it to you in detail when I get there."

"You can come directly to Jingyao Qiantan T6, we are on the top floor."

Qi Sheng hung up the phone, knowing full well what He Yu's intention was.

Nothing more than wanting to lock in a ticket in advance.

Qi Sheng didn't mind giving his old friend a chance to make a fortune.

It's not just taking someone's money, it's just a favor.

……

When He Yu arrived, Qi Sheng was drinking tea with Wang Han.

"Director Qi, does your company rent an office here?"

"rent?"

Qi Sheng smiled and shook his head: "I have already bought this building."

"Damn it, are you kidding me?"

He Yu was immediately confused, "This is Qiantan, the cheapest one is over a billion, right?"

"Old He, you are too small."

Qi Sheng smiled and pressed his hand, motioning for He Yu to sit down.

"It's only 20 billion. It's not just earned casually."

"Uh…"

He Yu and Wang Han looked at each other, and both had the urge to strangle this guy to death.

"Director Qi, you must also know the purpose of my visit this time."

He Yu didn't beat around the bush and went straight to the point.

"We are willing to accept a valuation of US$100 billion and will invest US$2 million."

"As long as the due diligence process is completed, the payment will be received within a week at the latest."

"Old He, I really saw you right. You deserve the money you make."

Qi Sheng smiled and shook his head, his tone also very emotional.

He originally thought that the first person to negotiate would be a large capital giant like Sequoia.

As a result, Black Ant Capital, a small business, gave him a surprise first.

"This is also thanks to Director Qi, who invested in two star projects before."

“Bubble Mart successfully exited, Lawang’s valuation soared again, and the second phase of fund raising was very smooth.”

He Yu chuckled and said: "Otherwise, I can only watch others eating meat and drink soup."

“Then, on behalf of Hot King, I welcome Black Ant Capital’s follow-up investment.”

Qi Sheng stood up, smiled and stretched out his hand towards He Yu.

"This is also a win-win situation for us."

He Yu breathed a sigh of relief, shook hands with Qi Sheng heavily, and asked curiously: "Besides us, have any venture capital companies given this valuation?"

"There will be movement over at Sequoia soon. I guess they didn't expect Mr. He to move so quickly."

Qi Sheng made a cup of tea for He Yu.

"Goldstone Capital will lead this round and is expected to invest US$4 million."

"Haha, then Mr. Su should be depressed again. The share left to them is only a small piece, neither more nor less."

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