My American magical life
Chapter 154 - 154 58 I Don't Want to Wear the Green Hat_2

154: Chapter 58 “I Don’t Want to Wear the Green Hat”_2 154: Chapter 58 “I Don’t Want to Wear the Green Hat”_2 Thinking about this painful entrepreneurial experience, Temir really didn’t want to continue,

she felt like she wasn’t a qualified investor.

The projects she encountered were always bizarre, and the entrepreneurs were quite talented.

However, their talent wasn’t for entrepreneurship, but for tormenting investors.

“Go on, how did the product turn out?”

Cheng Daqi guessed how the story might develop, but Temir simply wouldn’t continue, leaving him itching with curiosity.

“He said he and his girlfriend got married, and his wife is perfect.

But he said, if he were to mass-produce wives like her, he’d feel humiliated when other men used them, and he didn’t want to be cuckolded.”

“Hahahaha.”

Lisa laughed wildly, the car even started to shake a bit.

But the blonde quickly noticed the murderous look in her friend’s eyes, and promptly stifled her laughter, steadying the car.

Cheng Daqi was so astonished he was at a loss for words, his mouth agape in disbelief.

America’s big stage, where if there’s life, there’s opportunity.

Engineers defying the heavens, cleverly trapping investors, making machine wives, but not wanting to wear a cyber green hat.

“Mi’er, I…”

Even the worldly Cheng Daqi, after hearing such an outrageous story, found himself speechless.

“Chan, that’s not even the most unacceptable part.

At least his reason was somewhat plausible, wasn’t it?”

It was still early morning, and Temir had said only a few words, but her tone betrayed the weariness of someone battered by life and the world.

“I also invested in an agricultural company, or more accurately, a fishery.

They were raising crabs on the sea floor in Alaska.

A friend and I went to finance their Series B round, I only invested 2 million.

A year later, we went to Alaska to check on the crabs, but the underwater farm was empty.”

Although someone was speaking, the car was enveloped in silence.

Temir’s heart had been dried up by these frustrating entrepreneurs, so it was quiet.

Lisa had already laughed herself to stomach pains twice today, and she tried her best to remain silent.

Cheng Daqi already knew the end of the story.

Just like the scallops of the Zhongzi Island, the crabs there probably ran away.

“I asked the owner of the agricultural company, ‘Where are our crabs?’

The boss told me it was too cold in Alaska this year, the crabs went south for a vacation, and they would return next month when the weather improved.”

Without saying a word, Cheng Daqi felt that consoling this strong girl was no longer effective.

After all she had gone through, Temir could still calmly face life, which was truly remarkable.

Seeing that Cheng Daqi was silent, Temir continued.

“Two months later, we asked, ‘Have the crabs returned?’

He said the crabs got lost and might need a few more days to come back.”

Lisa at the driver’s seat was clearly not laughing, but the car’s slight shaking made clear what she was doing.

“My friend and I said, fine, we’ll wait a few days.

We settled down in Alaska.

Seeing we were relentless, the owner of the agricultural company had no choice but to tell us the truth.

Guess what the truth was?”

The black-haired rich woman asked.

Cheng Daqi thought for a moment and replied.

“Maybe the crabs fell ill and all died, so he couldn’t explain and made up an excuse.”

“Ha, that idiot gambled all the money away in Las Vegas.

He never raised even a single crab from the start to finish.

The farm he took us investors to see belonged to other companies.”

The black-haired rich woman was furiously incensed, her every hair bristling.

“Don’t you guys do due diligence?”

Cheng Daqi really couldn’t understand how Temir could get scammed so badly if the due diligence she ordered had been done with a bit of care.

“We did, but he found some girls to seduce those doing the due diligence, and they were wasted.

Then, close to the dl, he handed them a bunch of forged documents and made them work overnight.

Do you think such due diligence is reliable?”

The black-haired rich woman’s words seemed far-fetched, yet Cheng Daqi could understand that such absurdity was indeed a reality in this world.

High-end business warfare is just this unadorned.

The companies that reach B-round funding, with such simple tricks, swindle investors out of tens of millions in Alaska.

“But I’m right here in America, I won’t run off to Russia.

My company doesn’t make smart robots.

I don’t raise crabs, nor do I cultivate scallops, and my employees in Hua Country don’t get that many vacations.

In short, I won’t swindle you, honey.”

The process of entrepreneurs seeking investors is just like dating.

Business logic, monetization potential, customer cost, lifecycle, industry competitors, track prospects.

All the data, logic, possibilities, at the moment of decision-making, what investors need is a feeling.

An impulse.

Temir obviously wasn’t yet impulsive, and that wasn’t because she didn’t want to date Cheng Daqi.

It was because Cheng Daqi’s words at the moment were just empty promises, lacking persuasiveness.

To invest is like to date, referring to that sense of resonance between the investor and the entrepreneur.

Cheng Daqi’s Shanhaiguan lacked the ability to resonate with Temir, or rather, Cheng Daqi was not truly prepared to start the formal fundraising pitch.

Based on such logic, Temir replied with waning interest.

“I’m not interested for now, you have to show me your potential, otherwise investing a hundred or two hundred thousand is meaningless to me.”

Cheng Daqi wasn’t discouraged.

Which romance is won in a single round?

The same goes for raising funds, as long as there’s still money to burn, just take it slow, no rush.”

“I’ll have someone make an English version of the fundraising report and send it to you to take a look, Mi’er.”

Fundraising report, a general term for a bunch of reports.

These usually involve business plans, investment value analysis, project data analysis, etc., all of which are essential for startups during fundraising.

Cheng Daqi indeed wasn’t ready to fundraise, it was only when he remembered he knew a wealthy woman that he tried his luck and asked.

“Chan, can I invest in your company?” Lisa asked.

The blond woman, looking through the rearview mirror, could see Temir had already started to focus on playing with her phone.

As a ‘hidden’ ordinary wealthy woman, she too had thoughts of investing.

Unlike Temir, she hadn’t been through so many frustrating entrepreneurs, so she had no psychological burden.

And although she had only known Cheng Daqi for a short time, Lisa had already acknowledged his ability.

From the first time she met Cheng Daqi, she felt that he wouldn’t always be a wanderer.

Now, just a few days later, Cheng Daqi was not only starting a company and living in a mansion but even managing a standoff against fierce cops.

She believed Cheng Daqi wouldn’t disappoint her.

“Of course you can, but you might want to wait, wait until I’ve prepared the fundraising report, and then make a decision after you’ve read it.”

Cheng Daqi was texting Xiao Cao in WeChat, assigning work.

Compiling a fundraising report required professional talent, hence, he asked Xiao Cao to find some fourth-year college students.

A thousand dollars per person plus assistance with internship endorsements, fourth-year students could make the report perfect.

Of course, ordinary seniors didn’t have this ability, nor were they so capable.

Cheng Daqi was hand-holding Xiao Cao on how to proceed.

Xiao Cao needed to pose as a big securities firm’s employee, pretending to look for capable students at major financial colleges.

A perfect match every time!

“Forget it, no need, I’m not investing in your company, but in you as a person.

I forget where I read this investment philosophy, but I really agree with it.

I believe in you, so I invest in you, Chan.”

Gripping the steering wheel, the blond woman spoke eloquently.

Once away from the realm of plots and schemes, she was back to being smart and sharp.

“Cut it out, doesn’t someone know which big investor bet against Tesla this year and lost a few thousand Dollars?

Oh right, seems she’s driving a Tesla too~”

Cheng Daqi was still brewing his reply when Temir directly retorted.

“What do you know, Tesla is just trash…”

The female driver rambled on with words unintelligible to the two in the back, something about black screens, annoying charging issues, crappy workmanship…

For a moment, the car was filled with a joyful atmosphere.