Reborn 10 years later: First, save 100 million Bitcoins

Chapter 54: I've bet everything

When everyone heard that Xiao Feng was going to give away 10,000 yuan to install air conditioners for free, the other six members of the team immediately looked at Xiao Feng with gratitude.

It's 2010 now, and air conditioning is still not widespread in many places.

Especially when you're crammed into such a small place, on such a hot day, the fan is completely useless.

If we could have air conditioning to cool things down and create a comfortable working environment, it would definitely help speed up the process.

So what seems like a small sum of 10,000 yuan is more exciting for the other six members of the team than the 1 million yuan they just received.

Upon hearing Xiao Feng's words, President Lei was naturally very pleased.

However, it's still necessary to exchange pleasantries.

"No need, Mr. Xiao. Spending 1 yuan on air conditioning seems a bit extravagant."

"Besides, installing an air conditioner won't cost 1 yuan; it can be done for a few thousand yuan."

"It's alright, the air conditioner must be installed." As Xiao Feng spoke, he had already transferred the money: "No need to return the rest, consider it my treat for everyone to dinner."

"Oh, right," Xiao Feng added, "Once the air conditioner is installed, you can leave it on 24 hours a day without any problem, and I'll cover the electricity bill."

Goodness… the phrase “I’ll cover the electricity bill” is simply a detail and an art form in language.

This allowed everyone on the team to immediately feel the level of importance that Xiao Feng placed on them.

To be precise, it's not Xiao Feng, it's President Xiao!

A great favor from President Xiao!

"Thank you, Mr. Xiao."

"Thanks, Mr. Xiao!"

He expressed his gratitude repeatedly.

Xiao Feng tried hard to suppress the corners of his mouth, trying his best not to smile.

That 1 yuan was totally worth it.

Afterwards, Lei also gave Xiao Feng a general overview of the next steps.

Xiao Feng is, after all, a shareholder who has invested 100 million yuan, so he still needs to understand these things.

There is only one direction: to create a smartphone that belongs to China.

The name has already been decided: Rice Porridge.

Xiao Feng already knew what Lei Zong was talking about.

In the previous life, after the successful launch of MiZhou Mobile, it quickly rose to prominence, not only because of its affordable price but also because it set an industry benchmark.

"Hmm..." Xiao Feng nodded seriously, "Not bad, very insightful, I have high hopes for it."

"Right?" Lei continued, "Our brand will definitely sell very well in the future. As of now, we've already started working on GG."

"With the 100 million you invested in us this time, we will use part of it to develop our system and part of it to promote our system and accumulate as many users as possible."

"Although these users are not yet potential users, their feedback to the system can help us to more accurately target users."

"In this way, once we have achieved certain results, it will be easier for me to attract investment in the third phase."

After listening to Lei Zong's words, Xiao Feng seemed to have grasped the key words again.

"So, the third phase of investment is also very important?"

"That's right." Lei nodded: "The third stage is the real fundraising, to prepare for subsequent hardware research and development."

"The fourth stage is actually the most difficult and the most crucial part of the entire product development process."

"As for the fifth stage, things will be much easier then, when the product will enter the launch and production phase."

"Therefore, we don't need to consider the fifth stage, because by then, many big names will come to invest in the achievements we have made."

"The most difficult part is now, and the third and fourth stages."

"The latter two stages are each incredibly difficult."

"If we fail, all our previous efforts will be in vain."

"However, Mr. Xiao, don't worry, I will definitely not let you lose this million."

"No matter what, we will succeed."

Lei spoke with great passion and also pointed out the challenges ahead.

But Xiao Feng didn't care about the problems that followed.

Because he knew it very well.

It will definitely succeed.

So I'm not worried at all.

The thing to worry about is... the shares.

Xiao Feng, using the previous words as a starting point, asked with a serious expression.

"Approximately how much funding will be needed for the third and fourth phases?"

Upon hearing this, Lei instantly deflated like a wilted eggplant, losing much of his confidence.

"Well, it's hard to say. Take the third phase for example, a rough estimate would be at least 1000 million."

"After all, once we reach the third stage, we'll officially enter the hardware development phase."

"However, there is one advantage: as long as we succeed in the second phase and achieve certain results, it will be relatively easier to attract investment than before."

"However, it will probably be very, very difficult to make this 1000 million investment."

"As for the fourth stage... it's no longer a fixed number; it could be anywhere from tens of millions to hundreds of millions, or even more."

"But for the fourth phase, since we have achieved results in the first three phases, perhaps some big names will be willing to invest."

"In short, each stage is more difficult, but we will achieve corresponding results at each stage."

"Moreover... the more achievements we make, the more valuable our shares will naturally become."

"Then... I'll give you more shares."

The shares that Mr. Lei mentioned will indeed become more and more valuable.

Even if the phone hasn't been developed yet, the success at each stage will make other investors more optimistic about the project.

Therefore, the shares will become more valuable, and more people will be willing to invest.

This is like an ordinary person who, in the first stage, claims to be developing a mobile phone, and even if they ask someone to invest 10 yuan, no one will believe them.

However, if there have been some results and success can be seen, then even tens of millions of dollars would be worth investing.

Xiao Feng only ever heard the key words from Lei Zong's words.

What are you babbling about?

Tell me how many shares you can give me.

Xiao Feng paused for a few seconds, as if he was seriously considering the problem.

A few seconds later…

"By the way... regarding this third phase of the 1000 million investment, how many shares do you plan to give to the investors?"

"I've thought about that," Lei blurted out. "Given the success of the first two phases, I'm willing to offer 15% for the third phase of investment."

"15%?" Xiao Feng frowned. "What about the fourth stage?"

Lei almost repeated the same words: "Although the fourth phase requires the most funds, the results of the first three phases are there after all, so I can only give a maximum of 25% of the shares in the fourth phase."

After listening to what Lei Zong said, Xiao Feng quickly sorted it out.

The third stage is 15%.

The fourth stage is 25%.

That adds up to 40%.

The fifth stage requires no investment at all.

Because the fifth stage is already the release and mass production, the fourth stage includes the mass production in the fifth stage.

Therefore, in the third and fourth phases, if all investments are made, Xiao Feng can still own another 40% of the shares.

Adding to the current 11%.

I lost it!

A total of 51% of the shares?

For a moment… Xiao Feng's lips curled into a smile again…

But it's just too hard to suppress.