Chapter 24: Mysterious Investor
From Sidekick to Bigshot
Translator: Exodus Tales Editor: Exodus Tales
As Qin Chuan didnât need to go tutor Jian Yiling today, he returned to Hengyuan University which was where he studied.
He was currently in his second year of university and thus, his workload wasnât that intense yet. And with his current grades, even if he didnât attend his classes, he still could successfully pass the exams. He didnât have to worry about his grades at all.
As soon as Qin Chuan returned to his dorm, his roommate and good friend Bai Youqian threw himself at him in happiness.
Qin Chuan took a small step back before saying, âIf you have something to say, say it properly. Iâm straight.â
âBrother Chuan, thereâs good news! Super good news in fact! We got funds for our project!â
Bai Youqian excitedly told Qin Chuan the amazing news that he had just received.
âThere was someone who is willing to give us funds?â Qin Chuanâs face that usually appeared to look cold had a rare glimmer of excitement and emotion.
Qin Chuan had worked with his roommates to create a new software app for socializing. The software was currently in its prototype stage and they were trying to find angel investors.
The early stages of creating this application were incredibly costly. If they didnât get timely investments, they wouldnât even be able to pay the fees for using the server.
Qin Chuan and his roommates only had technological skills. They did not have money.
His roommates were children from ordinary families. Qin Chuan himself, could not even be considered to be from an ordinary family.
âYes! And itâs two million! Our problem will be solved soon!â Bai Youqian jumped up and down with excitement. It was as though he was a three-year-old child.
âWhere is the investor from?â Qin Chuan asked quickly.
Although Hengyuan Univesity was one of the best universities in Hengyuan City, it was not ranked highly in the country.
It was incredibly difficult for an undergraduate from an ordinary university to receive funds for a startup company.
âI donât know their real name. However, we will find out when we sign the contract.â
âYou donât know their real name?â This made Qin Chuan somewhat skeptical of the matter. Before he saw the money, anything could be possible.
âThe other party always used an abbreviation of their name. The abbreviation is F.S.â
F.S?
âWas their surname Fu?â
âHow much equity does the other party want?â Qin Chuan asked again.
Angel investors typically would take around 5-30% of the equity from the entrepreneurs. The amount would typically depend on the negotiations between the two parties.
And now that they were in a passive position and the other party was willing to fork out two million dollars, it was difficult to make sure that the other party wouldnât ask for a ridiculous amount of equity.
â20%â Bai Youqian replied.
That request was quite reasonable. After all, two million dollars was a lot for Qin Chuan and Bai Youqian at the moment. And furthermore, it could solve their urgent situation.
âYouqian, could you give me the other partiesâ contact details? I will talk to them personally.â Qin Chuan was serious about this matter. He didnât want to miss this opportunity.
âSure thing!â Bai Youqian gave Qin Chuan the contact information. At the same time he also reminded his friend, âBrother Chuan, you should also pay attention to your health. You have so many things going on in your life right now. You have to take care of your mother, tutor that girl from that rich family and youâre also busy with our startup company. Please donât tire yourself out.â
Although Qin Chuan skipped almost all his university classes, he could still only sleep around four hours a day.
âIâm fine.â
âHow is the girl from that rich family anyways? Is she hard to deal with?â
âMuch better than expected.â Speaking of Jian Yiling, Qin Chuan felt as though she was much easier to deal with than he had initially thought. She wasnât wilful nor stubborn. It wasnât even difficult for him to explain the required content to her.
In fact, when he tutored her, he even had time to do his own things.
Qin Chuan quickly sent a message to the email of this investor with the initials F.S.
At the same time, a message popped up on the screen of Jian Yilingâs phone that was currently on silent. The message read, [Hello, My name is Qin Chuan. Iâm the main person in charge of Project Changhang.]