Rebirth in 1993, My Dad is a Returned Youth

Chapter 279: Taking Advantage of the American Economy

Investors called one after another, asking Lao Yu, "Do you have any way to deal with the New World's strategy?"

"It's very simple. We just follow their lead."

This one sentence made investors want to scold him, "Who will pay for it?"

Many people want to withdraw their investment because it is foreseeable that the education and training industry will be a money-burning war in the future. If they do not make additional investments, their previous investments will go down the drain. If they withdraw now, they can lose less.

Who would be willing to give up this piece of fat meat that is available?

Faced with pressure from investors, Lao Yu had to give out more shares for financing.

This also laid hidden dangers for his future control over the company.

Li Kang also received a call from the investor, but the investor's tone was not very strong.

Instead, he said in a very respectful tone: "Mr. Li, what impact does New World's latest measures have on business?"

"Of course I have. Our latest student has seen a 30% surge in sales. We are currently short of money and hope you can increase your investment. I have decided to offer 10% of my shares to raise $ million in investment."

Li Kang simply asked for a huge amount of money from investors.

These investors are all rich, why not ask them for money.

The investors were silent, but New World’s performance was there. After the media reported it, all college students knew that New World was a patriotic enterprise and were willing to sign up.

On the other hand, Lao Yu, who was half bald, was caught off guard by the new tricks of the new world.

He really didn't expect that the young boss of New World didn't care about money at all.

The money you worked hard to earn has to be given away before you can even warm it up.

Is he really that kind?
He Qiang, who had just returned from abroad, came up behind him and said to Lao Yu, "I don't think he doesn't like money. It's just that spending money now is definitely more valuable than spending money later."

"I know what you mean, but our funds are not as strong as New World's."

“Funding!”

Lao Yu still has 50% of the shares now. Part of it was distributed to several partners in the early stage of the business. They together hold about 10%. Then he distributed 10% to some employees who performed well. 30% was used for financing, and he obtained an investment of million US dollars.

Lao Yu knew that now was the time to test him. It would be so embarrassing if he was beaten by a young man in his early twenties.

I'm afraid that the elders and villagers in his hometown will laugh at him.

He simply gritted his teeth and said, "All partners must invest! Those who are unwilling to invest will be eliminated!"

Even He Qiang and Xu Xiaoping were shocked. They didn't expect that the knife would hit them.

They don't have as many shares as Yu Hongmin.

“Investors are willing to invest an additional 50 million US dollars.”

When everyone heard this number, they held their breath. It was too much money.

Beyond their imagination.

I even began to doubt whether the education sector has such a huge market potential?
The main investors behind it are international capital giants such as Vanguard and BlackRock.

These people are also behind Li Kang, but their attitudes towards the two people are completely different.

Li Kang promised investors that the company would be listed within five years and they could withdraw their investment at that time.

With Li Kang's guarantee, investors rushed in.

Thomas, an old friend, even called and said, "Lee, do you need a foreign language teacher? I can recommend some to you. They are all Americans, speak English very well, and know more about the United States than your teacher."

Li Kang thought about it and felt that there were definitely pros and cons.

People introduced by foreign friends are definitely not here just to help you teach students, they will definitely bring their own ideologies.

Mainland students nowadays are full of unrealistic fantasies about the United States. If they are influenced by foreign teachers, it will affect their strategies.

After thinking for a while, Li Kang only asked for a few teachers with doctoral degrees. "What! You require foreign teachers to have a doctoral degree from the Ivy League?" "So crazy! Every doctor is a national treasure. How could they come to China to be teachers?"

Originally, he wanted to bring some undergraduates to the school, so that they could find jobs and carry out special tasks. But Li Kang actually asked for a PhD.

"The most I can ask a teacher to have is a master's degree, but I can't guarantee that they graduated from the Ivy League."

After thinking about it, a master's degree from an Ivy League school is not bad either.

“But I hope it’s from a science and engineering background.”

"Why???" He didn't understand. Why did they need teachers of science and engineering? How could those mentally ill guys complete a special task?

“Because our students like teachers like this.”

Thomas had to contact alumni of his alma mater and ask if anyone was willing to work in Shanghai, China?

Many alumni with a liberal arts background were quite interested, but Thomas said, "You need a science or engineering background, no major restrictions..."

As a result, the number of alumni asking questions suddenly decreased by more than half. Graduates of science and engineering majors from Northeastern University can find good jobs in the United States, so why go to a distant Eastern country?

The development there is a hundred years behind that of the United States.

There are some students with poor academic performance who are willing to come here.

Thomas agreed immediately and then screened the academic qualifications of the applicants, rejecting those who were not postgraduate students.

In the end, only five people met the requirements.

Li Kang was a little surprised when he heard the news. With such harsh conditions, there were still people willing to come.

That's true love!

"I want them all! Feel free to let them come over."

This group of people will come in half a year, and they are talking about some procedures.

In fact, it just requires some simple training.

Otherwise, how could they possibly attract their own science and engineering talents to come here?

Even if these people's performance is not top-notch, they have mastered some techniques to some extent.

If one or two of these five people are good at computers, you will make more money.

When the time comes, I will use it for myself and let them see the fighting spirit of the Chinese people.

Once you come here, you are no longer as free as in the United States. If you don't work, you will be whipped from behind.

After finishing, Li Kang wanted to relax, but looking at Li Xueer's slim figure, he couldn't help feeling a little hot.

"Boss, can I take a day off today? I want to get off work early."

"Of course. I was worried that you wouldn't ask for leave."

He did not have any regulations requiring overtime work; everything was voluntary for the employees.

If I just want to earn more money, I'm definitely willing to work more overtime.

"Thank you, boss." Li Xueer's thanks sounded a little unnatural, even a little reluctant.

As if he had something on his mind, Li Kang was unaware of his secretary's thoughts.

This is because I have something to say but I am too embarrassed to speak out.

So he asked, "Is your mother urging you to get married again?"

Li Xueer nodded imperceptibly and hummed, "My mother found another blind date for me, but I..."

Having said that, the woman once again looked at him silently with affection.

(End of this chapter)