As a mage, I just want to pursue the truth

Chapter 17 Suspension of School
"Dean, I am very grateful for the care that the school and the college have given me during this period of time. I want to apply for withdrawal."

The first thing he did after reaching a venture capital agreement with Lei Jun was to drop out of school. Diplomas and academic qualifications were of no value to him.

When it was proven that the spellcasting path was feasible and magic could be reproduced in this world, the most important thing for Zheng Li was to obtain enough resources to restore his spellcasting ability.

If the experiment of consciousness interfering with reality fails, Zheng Li might still be willing to stay dormant at Jiangcheng University for a while.

Dean Zhao was very shocked. It was understandable that one would drop out of school because of poor academic performance. Every year there were students who dropped out of the School of Mathematics because they could not continue studying.

Jiangcheng University has a GPA requirement for students to change majors. If the GPA does not meet the requirement, they cannot change majors. And if you cannot continue to study mathematics, you will naturally not meet the GPA requirement for changing majors. This is a vicious circle.

And who is Zheng Li? Now the outside media has hyped him up as a rare genius in Jiangcheng University in the past hundred years, and his fame is second only to Lei Jun who graduated from Jiangcheng University.

Dean Zhao could not understand why a top genius who had just published papers in Nature and ARMA was going to drop out of school.

Dean Zhao asked: "Why?"

“Is it because a foreign school has extended an olive branch to you?”

Although it is rare, it does exist for students to study in a domestic university for one or two years and then transfer abroad because they are dissatisfied with university life.

Especially for top talents like Zheng Li, famous foreign universities will not be stingy with scholarships.

Zheng Li shook his head: "No, although professors from Harvard, Yale, and Stanford all sent me emails and told me that I could go directly to graduate school, but I didn't agree."

"I just have more important things to do."

If it was an ordinary student who wanted to withdraw from school, Dean Zhao would have asked him to go to the staff to handle the formalities after a few words. Zheng Li was too talented, so Dean Zhao asked:

"What's more important?"

Zheng Li: "I went to Yanjing yesterday to meet Lei Jun from Dami. He promised to give me 50 million in venture capital. I can't balance my studies and entrepreneurship, so I applied to drop out."

Extraordinary people do extraordinary things. This was the only thought in Dean Zhao's mind. He originally wanted to study hard and believe that the development prospects there would be greater than those of starting a business.

But on second thought, it’s not necessary.

If you don't choose the path of scientific research, 50 million in venture capital is far more than what you can learn in school. A student who graduates from Jiangcheng University can earn less than one percent of 50 million on his own in his lifetime.

Dean Zhao asked, "How many shares are there for 50 million?"

Zheng Li: "Fifty million and 10% of the shares is just the first round of venture capital."

The dean of the School of Mathematics calculated the company's valuation in less than a second: "It's amazing. You got 50 million in venture capital at the age of 18."

"Then your company has a valuation of 500 million without any one person, and your shares account for 90% which is 450 million."

"It's amazing!"

"The most outstanding people are those of today. The teacher is happy for you."

"But don't rush to drop out. The college will help you keep your student status, which is considered a one-year leave of absence. If your business doesn't go well, you can come back to continue your studies."

"The teacher believes that you can succeed, but also hopes that you can leave yourself a way out."

“The School of Mathematics will always be your home.”

Dean Zhao has no objection to Zheng Li's entrepreneurship. If the business is successful, then the School of Mathematics will have an entrepreneurial alumnus, which is a positive thing for the school. Maybe some alumni will donate scholarships.

If the business fails, Zheng Li will come back to continue his studies, and the School of Mathematics will have one more talented mathematician.

Either way, it's not a loss from his point of view.

The worst thing was that he dropped out of school, and then Zheng Li failed in his business, so he went to another school to study, and he couldn't get anything from the School of Mathematics. "Okay."

"What!!!" Li Miaomiao couldn't understand why he suddenly wanted to drop out of school.

"I contacted Lei Jun of Dami the day before yesterday, and then went to Yanjing to meet him yesterday. He is willing to invest 50 million in me as start-up capital." Zheng Li said.

“I plan to drop out of school to start my own business.”

If someone told her that the starting point was 50 million venture capital, she would think that the other person was joking. But Zheng Li was different. Li Miaomiao knew that Zheng Li never joked.

With Zheng Li's ability, this might not be impossible. Li Miaomiao asked, "Where did you start your business? Jiangcheng or Yanjing?"

Zheng Li: "The members of my team in Suzhou's high-tech park are basically people that Mr. Lei found for me. They chose Suzhou."

"Gusu is the core area of ​​the Yangtze River Delta. My entrepreneurial direction is biomedicine. There are many innovative pharmaceutical companies in the Yangtze River Delta with a complete talent pool."

"In addition, Suzhou's high-tech parks will have many tax incentives."

Li Miaomiao became depressed. She felt as if the relationship had ended before it even began. She suppressed her emotions and asked:

"If you are starting a biomedical business, 50 million is not enough to start with."

"For any new drug, even if you outsource the R&D to a foreign company, 50 million is not enough."

Many domestic pharmaceutical companies claim to be developing innovative drugs, but in fact they are outsourcing research and development to European and American pharmaceutical companies because China’s labor costs and water and electricity costs are much lower than those abroad.

Trivia: In 18, my friend's company was recruiting a PhD in biology from Fudan University (his undergraduate degree was not from a non-key university, but a 211 university), with an annual salary of about 22 to 25 yuan, in Shanghai. In Europe and the United States, a PhD with the same background would earn at least 8 to 10 US dollars.

Zheng Li: "Do you know what the topic of my Nature paper is?"

Li Miaomiao: "Artificially synthesized endorphins. I don't know how many times my dad told me about it when I went home on the weekend."

Zheng Li: "I have also invented a method for mass production of endorphins. 50 million is just the price for registering a worldwide patent and conducting a phase I clinical trial."

“Once the results of the Phase I clinical trial come out, we will conduct the second round of venture capital.”

Li Miaomiao: "No wonder Lei Jun invested 50 million RMB without hesitation."

"If you have the skills, then 50 million is not expensive at all."

"He holds the majority stake of 50 million?"

Zheng Li: “Ten percent.”

Li Miaomiao: "That's not bad. Your shares won't be diluted too much in the second, third, or even more rounds of venture capital."

"I suggest you introduce as much international capital as possible in the second round of investment, such as IDG, European and American investment institutions, etc."

"Endorphin is a drug with great potential. If you want to sell it to the whole world, like American, you need to obtain FDA authorization."

“If you don’t have European and American capital, clinical trials and authorizations will take a long time.”

"If you want to be an international R&D pharmaceutical company, introducing some European and American capital will not only help you open up their market, but also help you attract top researchers from Europe and the United States."

Zheng Li: "I didn't realize you were quite knowledgeable about the pharmaceutical industry."

This book will be recommended starting this Sunday. Collections, recommendations, and monthly tickets are all very important to the author. In the end, following the book is the most important. I hope everyone can see the latest chapter. If you don’t want to read it, you can help me click to the latest chapter. Thanks~
I still want to wish everyone a happy New Year 2022!

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(End of this chapter)