We are all reborn, who wants to be the richest man?
Chapter 551: Pretending to be a Business
After coming out of the convenience store, Luo Nianzhong planned to go to the coffee shop opposite to check out the situation.
While crossing the road, Luo Laosi asked curiously.
"Brother Zhong, if they are all scammers, why do we have to spend money to purchase servers and increase expenses? Isn't it better to just take the money and leave?"
This Luo Laosi, being from such a family, really has no business acumen at all.
If she were really allowed to do business alone, Luo Nianzhong dared to guarantee that if he gave her 10 million, she would be able to pay him 100 million. Not only would she lose all her capital, but she would also have to incur a large amount of foreign debt.
“Only when the website is online and has a certain amount of traffic can we better convince investors to continue to invest.
What they did was not called cheating, it was called business failure. Now, there is nothing they can do legally.
But if you run away with the money, the situation will be different. Not only will this be a one-time deal, but you may also end up in jail."
Standing at the intersection, pointing at the camera on the road, Luo Nianzhong asked, "Do you think these scammers can get away with it without being discovered?"
New Territories Future City, what is a future city? It is full of technology.
In the New Territories, there are cameras in every neighborhood and public place on the streets, so the crime rate here is the lowest in Hong Kong Island.
This is just part of it. For example, the photovoltaic solar panels on the street lights. All the street lights in the New Territories use this technology developed by the United Lighting Group and the China Light and Power Group.
Although this technology is not yet fully mature, it can save about 60% of electricity in street lighting every year.
Not only street lights, but also buildings have similar solar panels installed to save costs for the flashing neon lights at night.
The night view worth a million dollars is no longer just for both sides of the Victoria Harbour, but also for the New Territories.
This is what is visible on the surface, but there is much more that is invisible.
Corresponding software management systems have been developed for drainage systems, road traffic systems, environmental sanitation, etc., achieving preliminary informatization and intelligence.
Coming to the other side of the street, the style here is more European.
Every cafe has open-air chairs on the spacious roads outside the entrance, and sitting here gives people a feeling of leisure in the midst of busyness.
"Dreamer, what a great name."
When he walked to the door of a coffee shop, Luo Nianzhong was attracted by the name of the coffee shop.
Aren’t the young people sitting on the seats of these coffee shops and making speeches with spit flying what they are pursuing just a dream, an opportunity to make a fortune?
In Hong Kong Island, whether it is materialism or admiration for the strong, it is not surprising, it can be said to be normal.
This is a world of capital, and this is what they have been exposed to since childhood.
What neighbors talk about on the street is not which hero but which tycoon’s rise and fortune story, and it is very likely that Luo Nianzhong himself is one of them.
"Are you new here?"
As soon as he sat down, the middle-aged man behind Luo Nianzhong turned around and affirmed.
"How did you know?"
"Because only newcomers will be attracted by this name, old customers come here to seek fortune."
"What do you mean?" Luo Nianzhong asked with interest.
“The owner of this shop is from the Wen family. He wanted to open a coffee shop to make money because he saw that there were many white-collar workers here.
However, with the development of the New Territories, it became a place for cultural communication for many young people with ideas. The boss changed the name to the current Dreamer, and unexpectedly it became an instant hit and the business got better and better.
With the money, the boss started to develop more new products suitable for young people and open branches. Now, Dreamer has opened four or five stores here following the development trend of the New Territories.
I heard that Dreamer recently received financing and will soon be opening stores all over Hong Kong Island and Macau. Who knows, it may even go public in the future.
So people who are familiar with it say that the dreamers are not the customers who come here to pursue their dreams, but the bosses who come here by chance to get some good fortune."
So this is actually the case, but it’s not surprising.
With the great development of the New Territories, the first batch of businesses will definitely reap the benefits. This is true for all industries. It just depends on how these people can use these benefits to develop better.
The middle-aged man was a bit familiar. After telling the history of Dreamer, he asked with great interest, "Are you GP or LP?"
Luo Nianzhong raised his eyebrows and was confused by the question again.
Many people may not understand the meaning of these investment abbreviations. GP stands for general partner, which is the management organization or natural person of an equity investment fund, such as PE, VC, or hedge funds, such as Sequoia Capital and Gaoling Capital.
LP, limited partner, refers to institutional investors participating in the investment.
To put it simply, investment institutions have no money, and the funds used for investment are all raised in the market.
The person who gives them money is the LP, and the person who invests the money in you is the GP
LP and GP have different duties and responsibilities.
However, LPs do not necessarily have to give money to GPs. They will also invest in good projects, such as Far East Chip, which has a clear future and can only make money.
After all, the rich are the boss, and GPs also need to be supported by LPs, they are just more professional.
However, what Luo Nianzhong finds strange is that for entrepreneurs who only need a seed round, it is not surprising to have a GP, but why are there LPs too?
On second thought, it makes sense. Isn’t it that LP just gives money to GP for investment? It would be much easier to just skip this step.
Isn’t it just a seed round? Is it necessary to make it so grand?
Luo Nianzhong strongly suspected that these titles were all developed by those scammers. Don’t those young men with a little money like this kind of tone of being praised highly?
"We just have a little money, and after hearing about this place, we wanted to come and see if there is any opportunity to make a fortune."
Chatting?
The two didn't talk for too long, and soon the middle-aged man welcomed his guest, or to be more precise, an entrepreneur who needed investment.
"Hea's success shows that there is great potential in online shopping. My website is very simple. I just rent video tapes online and then send them by mail."
Netflix? This is a good idea, but it is not suitable for Hong Kong Island now.
Sure enough, the middle-aged man raised his own questions.
"Hea already has a video rental business, what can you use to snatch Hea's Yu customers?
Another thing is that Hong Kong Island is a city, and the videotape market is so developed that there are basically one near every housing estate. It might be more convenient for you to rent it by going downstairs than to have it delivered, right?
Haven't you seen that 90% of HEA's business now is books? The videotape business is not as good as records and tapes.
Finally, there is the issue of supply. If you want to do online shopping, how do you source goods? You can't just rely on Hong Kong's lack of foreign blockbusters, right?
If you want to have a rich supply of goods, you need a lot of money, at least one million Hong Kong dollars to start with. Who will give you the money in the early stage?"
That’s right, this is exactly why Luo Nianzhong said Hong Kong Island is not suitable.
Netflix is good, but there is not even a one in ten thousand chance that it will be successful in Hong Kong Island.
To succeed, you must invest heavily from the beginning and treat the entire Southeast Asia as a market.
Hong Kong Island’s movies are very popular, but there is a certain lag in release times in other regions.
Many times, video tapes have been released in Hong Kong, but movies may still be showing in other regions. At this time, the Netflix model is very attractive.
Watching the young entrepreneur leave, Luo Nianzhong patted his brother on the shoulder.
"Sure, brother. You're quite professional. I wonder which organization you work for. Maybe we can cooperate in the future."
"Me?" The middle-aged man chuckled, and seeing that there was no one around, he came to Luo Nianzhong's ear and whispered, "I'm just a small owner of a laundry shop."
"Forehead…".
What’s going on? Can laundry shop owners become investors now?
Luo Nianzhong misunderstood. The middle-aged man pointed to a few people and he found that in front of them were the so-called entrepreneurs, who were all dressed like successful people.
"Did you see that? Those people are not investors. They are just like me, here to seek a sense of existence."
"So your clothes."
"They belong to customers. Everything they wear is rented from my shop for 100 yuan a day."
"Well…".
Yes, you can do this business. You can make money from laundry on one side and rent clothes on the other. The key is that it is a business with no capital investment.
"Then your analysis just now is very comprehensive. How do you know all this?"
"Is this something you need to understand?" The older brother gestured around.
"Ninety out of a hundred entrepreneurs here want to do online shopping. You're so tired of hearing those professionals refusing you that you just have to follow their advice."
Luo Nianzhong looked like a dog being cornered, and asked with a wry smile, "Why are they doing this?"
"To find a sense of existence. With just over a hundred dollars, you can experience a day in the life of a successful person. Who doesn't want to have the feeling of being in control of other people's destiny?"
Feelings are castles in the air, caused by vanity.
Entrepreneurs are scammers, and now even investors are scammers. This is really incredible.
Just as he was thinking about it, another person sat down opposite his table. It seemed that his brother could satisfy his vanity again.
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