Rebirth of financial migrant workers

Chapter 369 Careful Persuasion

As the saying goes, investing is investing in people.

The standard for investors to look at people is that they have N points, have structure, ambition, and feelings.
But the quality most investors value most in an investee is honesty.

After all, faced with mediocre honest people, investors can choose not to invest, which at most is a waste of time and cost.

If they are facing a shrewd liar, investors must be careful not to have their wallets wiped out by the other party.

There are many cases of scammers committing fraud in the investment world, but no case of 'bad blood' fraud has had such a huge impact.

It can be said that after its lies were exposed a few years later, it shocked the global venture capital circle.

Wang Chunliang never thought that one day he would be able to come into contact with this shocking case or even just its 'peripheral' environment.
Mrs. Zhao was surprised at first, and then the corners of her mouth turned up. Someone present could directly point out the project name, founder's name and other information, which made her a little more confident and proud.

She glanced at the handsome young man in front of her with satisfaction, and then asked Ning Minghao:
"Minghao, who is this?"

Before Ning Minghao had time to introduce, he was overtaken by Mrs. Xu again.

A number of celebrities have directly joined the board of directors or become investors to endorse her Theranos platform.

Not to mention that I have no evidence, I can't prove my identity as a reborn person.

You must know that Holmes and her Theranos were favored by prominent political figures in ugly countries in their previous lives.

The power behind Elizabeth Holmes is unfathomable and can be described as a colossus that cannot be seen above.

After that, she took out another pile of materials from her bag and handed it to Wang Chunliang and said:

Wang Chunliang was a little speechless. However, due to the intimidation of the district chief's wife, he still took the project book with both hands and pretended to read it carefully, but in his mind he was thinking about how to prevent the mule and horse company from entering this sinkhole. .

On the other hand, even if Wang Chunliang had evidence, he was afraid that he would be wiped out the next day after revealing that the 'Blood Drop Cancer Test' project was fraudulent.

The other party patted Wang Chunliang on the shoulder and said proudly as if introducing his son-in-law:

Of course, directly bursting this huge bubble will definitely not work.

Mrs. Zhao's eyes were shining brightly, she scanned Wang Chunliang from head to toe, and then nodded:
"It's pretty good. I'll have more interactions with my children in the company in the future."

"I also have a copy of the blood cancer test project book here. Since you have heard about it, you might as well come and take a look."

Even the then President Obama appointed her as the Global Entrepreneurship Ambassador of the United States.

"This is Wang Chunliang, the major contributor to Luoma Company's investment in Imperial Technology."

But then again, is it true that none of the big bosses and investors who lined up discovered that this was a Ponzi scheme?
Wang Chunliang didn't believe it from beginning to end. He preferred to believe that the people who got on the bus first were tricking those who came after them to get on the bus. Everyone was playing the game of beating the drum and passing the flowers around.

If I desperately jumped out and tried to shake this giant ship, I was afraid that my hundred-pound body would be crushed into pulp.

In the previous life, it was the famous "Wall Street Times" that took the lead in launching a group and taking the lead in exposing this huge lie. In 2015, they published an investigative report on Theranos titled "The Struggles of a Star Startup" on the front page.

The article quoted the testimony of four former Theranos employees, questioning the effectiveness of the company's blood testing device Edison.

Then, the lead writer of this report and the four former employees mentioned above received death threats from 'strangers'
"Xiao Wang, what do you think? Do you feel that you have gained a lot after reading this project introduction written by a senior investment manager of DFJ?"

Mrs. Zhao's slightly majestic voice brought Wang Chunliang back to reality. He put down the introduction book in his hand and replied in a sincere tone:

"Indeed, thank you for giving me a chance to learn."

Mrs. Zhao grinned and nodded with satisfaction:

"Well, if you have any opinions, you can express them and let's discuss them together."

Wang Chunliang hesitated for a few seconds, stretched out his finger and pointed at a certain passage in the book:
"Mr. Zhao, you just said that Theranos has received US$5 million in financing, but I saw that the original text said a total of US$5 million."

Mrs. Zhao pursed her lips, frowned slightly, then quickly relaxed her lips, and replied in a relaxed tone:
"Slip of the tongue, but Mr. Delapé said that five other investment institutions in the country have promised to participate in the next two rounds of investment."

Wang Chunliang: "Oh, that is to say, currently only Drapé and his DFJ have actually invested in the project, while other investors are still in a wait-and-see state. However, investors are recruiting new investors for the invested party's platform. , then the marketing concentration in his words would be even heavier, and the objectivity would have to be greatly compromised.”

Mrs. Zhao: "You are still young and have not long entered the investment circle. You are not aware of Mr. Drapé's status in the U.S. investment field. His character and credibility ensure that he will not do anything that violates professional ethics."

Then, she turned to look at Qu Yiming: "Xiaoqu, you have been in the Chouguo investment circle for so long, you should know this, right?"

Qu Yiming waved his hand:
"My memory of being in Chou Country has been almost forgotten with the defeat after returning to China. So I really don't know much about Drapé."

Wang Chunliang changed the topic in order to avoid Mrs. Zhao’s embarrassment:

"So Mr. Zhao, how much do you think Luoma Company should invest this time?"

"An epoch-making scientific research project must require a large amount of funds. As for the specific amount of investment from Luoma Company, I can't make the decision for Minghao and the others. I just saw a good project and couldn't bear to give it to outsiders. By the way, it is said that Gu Qing from Junlin Capital is also very interested in this project and is willing to participate in the investment.”

Mrs. Zhao glanced at Qu Yiming and said lightly.

Sure enough, after hearing this sentence, Qu Yiming's expression became a little unnatural, and he lowered his head and started to read the project book.

Wang Chunliang shook his head, turned his gaze to Ning Minghao, and reminded:

"Chairman Ning, the main source of investment funds for our Luoma Company is the ownership rights of Mule Bank. If we invest money overseas, and it is still in an ugly country, it will not be justified by the supervision, right? If we are exposed to the media again with the intention of Based on the last name of transferring assets, I am afraid that Mule Bank’s listing on the Hong Kong stock market will be seriously affected.”

Ning Minghao nodded slightly when he heard this, looked at Mrs. Zhao and said:

"Peru, after all, you are not a banker. You don't know that for banks, the most important thing is that everything must be politically correct."

Wang Chunliang returned the introduction letter to Mrs. Zhao and kindly reminded:
"In the final analysis, Holmes is developing a blood testing machine, and the only companies that are leading the world in this field are Siemens. So Mr. Zhao, you might as well change your perspective and ask about those companies and Holmes. Is there any commercial procurement cooperation between Sri Lanka?”

(End of this chapter)