Only after being reborn did I realize how fascinating the world of the rich is.
Chapter 241 You need to give me one more reason why I chose you.
Li Xiaofeng's Wanzhong Media has now reached the point where it meets the requirements for listing and has begun preparations for the listing process.
He originally planned to entrust the task of pushing the company to go public to Le Xin'er, but as Luo Siyuan had said, Le Xin'er needed to outsource some business.
So Li Xiaofeng called Le Xiner and Luo Siyuan together and asked them to each design a plan for him to go public and raise funds.
However, Li Xiaofeng was not satisfied with either of the proposals designed for him by the two companies.
Le Xin'er's proposed plan for Wanzhong Media was to raise funds through a domestic stock market listing, a relatively conservative approach.
Luo Siyuan's plan for Wanzhong Media was to list on NASDAQ. Perhaps to please Li Xiaofeng, the stock price was artificially inflated, reaching more than thirty US dollars per share.
After reviewing the proposals from both companies, Li Xiaofeng frowned and said, "Attorney Le, your proposal is too conservative. The domestic stock market has too small a capital pool and too weak a financing capacity."
Furthermore, the regulatory system is inadequate and easily manipulated, ultimately leaving us to bear the blame. Therefore, I currently have no intention of raising funds domestically.
Le Xin'er said somewhat anxiously, "President Li, although my plan is a bit conservative, it can basically ensure that your company can go public. I think we should go public in China first, and then consider other options."
Li Xiaofeng smiled and shook his head: "Attorney Le, going public is a big deal, not like buying cabbage at the market. The domestic stock market's capital pool is insufficient, which will bring us a series of problems."
This is not just about our company's future financing, but also about our executives and shareholders cashing out. The slightest disturbance can turn the stock market into a rollercoaster ride.
Raising funds on NASDAQ is different. Their stock market has a larger capital pool, allowing for larger-scale fundraising. With the same number of shares, we can get more money, and it's easier for executives and shareholders to cash out.
In addition, Nasdaq's market regulations are more standardized and stringent. As long as we focus on improving the company's performance, we can drive up the stock price.
Luo Siyuan glanced at Le Xiner with a smug look and said confidently, "President Li, I am full of confidence in the future of your company and also confident that your company will be listed on NASDAQ."
Listing on NASDAQ not only provides your company with a better financing environment, but also gives you a completely different level of credibility and reputation compared to companies listed domestically.
Li Xiaofeng turned his gaze to Luo Siyuan and said in a questioning tone, "Attorney Luo, thank you for your high praise and confidence in my company."
But I'm a rational person, and I know my own limitations. The issue price has suddenly risen so high, aren't you worried about the issue failing?
Jinhai Law Firm is a well-known "red-circle" firm in China. Please demonstrate your professional capabilities to me and don't tarnish your reputation!
"I have great confidence in your company!"
"But I don't have that much confidence. I hope that Jinhai will conduct thorough case research and carefully estimate a suitable price, instead of just making empty promises to me!"
Li Xiaofeng showed no respect for Luo Siyuan, refuting him earnestly.
Then, after glancing at the two of them, he said solemnly, "Both of your proposals still have room for improvement. I hope you will carefully revise them based on my feedback. Whoever's proposal is better will get my contract!"
Luo Siyuan glanced at Le Xiner triumphantly, a victorious smile spreading across his face.
Although Li Xiaofeng rejected both proposals, Luo Siyuan's proposal was more to Li Xiaofeng's liking, only requiring some adjustments in terms of price.
On the other hand, Le Xin'er rejected the entire plan and needed to start from scratch to redesign and formulate a new plan.
After the two left, Li Xiaofeng received a call from Le Xiner, inviting him to afternoon tea.
So, Li Xiaofeng went to a private room in a coffee shop that Le Xiner had booked.
"Didn't you say that you would give me the case to handle Wanzhong Media's IPO? Now it seems that you are more inclined to Jinhai's side!" Le Xin'er's tone was very dissatisfied.
Li Xiaofeng smiled slightly and said in a calm tone, "Attorney Le, first of all, you need to understand one thing: I don't owe you anything. Our relationship is a cooperative one, plus a fair transaction."
Also, I want to tell you that, under the same circumstances, we will prioritize choosing your side.
Judging from your current situation, your main legal resources seem to be concentrated domestically. You don't have much confidence or particularly good resources for overseas IPOs or financing cases, right?
Le Xin'er bit her lip, hesitated for a moment, and then retorted, "It's not that I don't have the resources to go public on NASDAQ, it's just that I don't want to use those resources right now!"
Li Xiaofeng shrugged, looking indifferent, and said, "Attorney Le, this is your own business. You don't need to tell me. I paid money; what I want is a result."
As for how to achieve this result, that's your concern, wouldn't you say?
Le Xin'er remained silent and did not speak.
Li Xiaofeng smiled and said in a calm tone, "Attorney Le, since you've chosen to start your own business and make money, you should completely put down your airs."
"A person who earns money is not shameful anywhere, but if you don't earn money, no matter how eloquently you give your reasons, in other people's eyes you'll always look pathetic!"
After a long while, Le Xin'er gritted her teeth, as if she had made up her mind, and said seriously, "Alright, then I'll make an exception..."
However, before she could finish speaking, Li Xiaofeng interrupted her.
"Stop, stop, stop. Don't be so self-righteous and gritting your teeth, as if you've paid a huge price. Do you really think your pride is that valuable?"
As I've said before, that's your own business, and it's also a basic requirement for getting this contract from me. I have no interest in how much face and dignity you need to sacrifice for it.
Don't give me that nonsense. Making money and becoming famous overnight isn't as easy as you think.
You need to give me a reason why I should choose you instead of Jinhai, which has rich experience, abundant resources, and a guaranteed brand and reputation.
Le Xin'er was taken aback for a moment, then frowned and said, "What kind of reason do you want me to give you?"
Li Xiaofeng smiled slightly and said in a calm tone, "I'm the client. You need to give me a reason. Besides, I'm asking for too much. Can you afford it? What do you have? In the eyes of someone like me, what can you possibly offer?"
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