Reborn as a prince, achieve the pinnacle of power

Young Master Chu showed his true colors, and not only Huang Qiong, Shen Beipeng, but also Zhao Lei and Zhong Liping were stunned.

They are all old foxes. They have seen many arrogant young people. Although they secretly despise Young Master Chu's performance.

But he continued to smile and chatted with Chu Yuchen for a while before leaving.

When Chu Yuchen and the other two sat down together, Zhao Lei lowered his head and whispered, "Mr. Chu, these people are all veterans in the investment circle. They were originally fighting on their own, but now that you said this, I think they will unite.

This time, it’s a bit risky to get shares in Toutiao.”

"Don't worry, Lao Zhao. I know what's going on."

Chu Yuchen sat there with a calm expression, waiting for the highlight of the day to arrive.

At 8 o'clock, Zhang Yimin from Toutiao walked onto the stage from the top of the venue holding a microphone.

With a smile on his face and an excited voice, he said, "Good evening, friends. I am Zhang Yimin, Chairman of Toutiao. Thank you all for coming to this financing conference. You have come here from all over the country, which is the greatest support for us and also makes this venue glorious."

There was a sudden burst of applause from the audience.

Zhang Yimin, as if he was energized, began to introduce Toutiao in detail.

On the big screen at the conference venue, Toutiao’s achievements since its establishment were transformed into detailed data and displayed in front of everyone.

It's just that the big guys present didn't seem to be very interested.

After all, Toutiao sent these data to them when it sent out the invitations.

After presenting the data, Zhang Yimin gave a detailed explanation of Toutiao’s recent plans.

As he continued to talk, more than 30 bigwigs from different capital sources, who went from being indifferent at first to being attracted in the end.

At this time, Chu Yuchen was sizing up the senior executives of Toutiao who were attending the meeting today.

"Why don't I see anyone here? Didn't they come to participate?"

Chu Yuchen frowned and muttered.

Zhong Liping, who was sitting on his right, heard it and asked curiously, "Mr. Chu, who are you looking for?"

"Sister Liping, please go and ask the employees of Toutiao whether their technical director Liang Ruobo is here."

"What does Master Chu want him to do?"

"I'll explain it to you then, go ask first."

Although she didn't know what Chu Yuchen wanted to do with this person, Zhong Liping nodded and left her seat carefully with doubts.

“Ladies and gentlemen, Toutiao’s achievements are obvious to all and its potential is huge. In order to continue to increase funds for promotion and publicity, we have this financing conference.

Zhang Yimin on the stage said solemnly, "Toutiao is ready to offer 15% of its shares to participate in this financing. You can make an offer now."

Zhang Yimin did not choose to make an offer.

His purpose is very clear, just like an auction, let these big guys bid. Toutiao only needs one most powerful investor. Too much capital entering is not a good thing for the growing Toutiao.

This was a decision made by Zhang Yimin that morning after he suffered a loss in the development of Volcano Video, and he did not discuss it with others.

But he actually had no idea.

After all, his psychological price for 3% of Toutiao's shares is at least US$21 million, equivalent to billion Daxia coins.

This is no small amount. Even though there are more than 30 investment companies here today, no more than 10 of them can come up with so much money at one time.

At this moment, Zhang Yimin looked very calm on the surface, but he was a little nervous inside.

If these big guys think that the investment is too big and not worthwhile, then this financing conference will be in vain. And Toutiao will become a joke in the entire Internet industry.

Chu Yuchen gave Zhang Yimin a thumbs up in his heart. He was still worrying about how to acquire more shares, but Zhang Yimin did not play by the rules and only wanted capital financing. Isn't this just like a pillow falling asleep?

He glanced at Zhao Lei next to him and whispered, "Old Zhao, $3 million."

Zhao Lei stood up immediately: "Mengchen Investment, 3 million US dollars."

Zhang Yimin's heart was at ease. Fortunately, fortunately, at least he reached his psychological price at the beginning.

Looking at Zhao Lei who was standing there, Zhang Yimin smiled gratefully.

Seeing Zhao Lei take action, the CEOs of the two powerful state-owned funds looked at each other, smiled bitterly, and shook their heads silently.

"Red Mountain Capital, $3.5 million."

Red Wolf Shen Beipeng stood up.

In the last round of financing for Toutiao, he missed the opportunity because he did not understand Toutiao's profit point. This time he came well prepared and was determined to acquire shares of Toutiao.

"Penguin invests $3.6 million."

The capital that came here today are all optimistic about the development of Toutiao. It’s just because Zhang Yimin changed the rules of the game on a whim that most of them are helpless and can only watch the performance of the big guys with strong financial resources.

"Mengchen Investment, US$4 million".

After receiving Chu Yuchen's instructions, Zhao Lei stood up again.

Zhang Yimin was delighted when he heard this. This price was a full $1 million more than his psychological price. Moreover, considering the level of competition, it would probably go up further. He silently praised his temporary decision.

After reaching $4 million, the price continued to rise, but the increase was getting smaller and smaller, with each increase being several million dollars.

Time passed slowly, and Zhong Liping went out to ask around and came back.

"Mr. Chu, I found out that Liang Ruobo didn't come because he had something to do today."

"Well, I see."

Chu Yuchen replied with some disappointment.

Liang Ruobo's absence meant that Chu Yuchen had to delay his chance to meet the future "Father of TikTok".

Young Master Chu, who was in a bad mood, wanted to introduce the bidding game earlier, so he said to Zhao Lei, "Old Zhao, stop wasting time and just give us $5 million. We can go home and sleep early after we are done."

Zhao Lei was a little surprised and reminded: "Mr. Chu, Red Mountain Capital's offer is only $4.4 million. Are we raising it too high?"

Backed by his past life experience, Chu Yuchen was not worried about Toutiao's valuation at all.

You have to know that even at $5 million, Toutiao's overall valuation is less than $35 billion. Compared with its later highest valuation of over $3000 billion, it is simply a drop in the ocean.

Even if he really managed to poach TikTok, Toutiao's market value should be over 100 billion US dollars, so he would make a huge profit from this investment anyway.

"Just $5 million."

Chu Yuchen said with affirmation.

As Zhao Lei announced $5 million, countless whispers immediately rang out in the conference hall. Everyone's eyes turned to the standing Zhao Lei, and then stared at Young Master Chu.

Chu Yuchen faced the gazes of so many people, crossed his legs, looked calm, and did not show any pressure from beginning to end.