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Stronger by Paying Salaries and I Have 1 Billion Employees

Chapter 98 - 93: Opportunity to Enter the Express Delivery Industry, Home Decor Festival Concept (Page 2/4)

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Liao Wei frowned, unsure how to respond. It wasn’t that he was unwilling to part with the equity, but that he didn’t know how much to give.

If he offered too little, Chen Yansen wouldn’t agree. If he offered too much, it would sting.

”How much do you want, President Chen?” After struggling for a long time, Liao Wei decided to leave the choice to Chen Yansen.

”Boss Liao, I don’t have time to dawdle with you,” Chen Yansen said bluntly with a cold snort.

”How about... 2%?” Liao Wei asked tentatively.

Cloud Speed Express’s total assets were about 150 million, and venture capital firms valued it at 270 million. 2% was worth exactly 5.4 million, which was a better deal than paying cash.

”I’ll help you handle the lawsuit from Wine God Network,” Chen Yansen said, shaking his head noncommittally.

”3%!” Liao Wei said, gritting his teeth.

He had built Cloud Speed from scratch. Giving away even a little bit of equity was like cutting off his own flesh.

”Alright, 3% it is! President Liao, from now on, we’re on the same team,” Chen Yansen said with a relaxed smile, clapping him on the shoulder.

’This kid is nineteen? What nineteen-year-old college student could be this cunning and shameless?’

Liao Wei forced a smile, but inwardly he was cursing him out.

After the terms were settled, Chen Yansen’s attitude softened considerably. He led Liao Wei into his office, and they discussed the recent developments in the express delivery industry over tea.

Half an hour later, Chen Yansen finally had a general understanding of the current state of the express delivery industry.

To put it simply, among private express companies, Shunfeng was the undisputed leader, the Three Passes and One Reach were the second tier, and Cloud Speed was in the third tier, surviving on scraps.

’No wonder I’d never heard of Cloud Speed more than a decade later,’ Chen Yansen thought to himself. ’It was probably crushed by other delivery companies before 2013.’

Any thought he had of pulling some strings and helping Liao Wei out was instantly dismissed.

’Who cares if his company lives or dies!’

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’It’d be best if it was half-dead. Then I could acquire it on the cheap and score a bargain.’

The two of them finalized the details of the equity transfer and agreed to meet the next day with their legal and finance teams to sign the contract on the second floor of the Innovation Park.

”President Liao, this must be your first time in Xucheng. I’ll make the arrangements for tonight.” Having achieved his goal, Chen Yansen immediately put on a warm, enthusiastic smile.

”If President Chen is treating, I’ll definitely be there. See you tonight,” Liao Wei said with a smile, putting an arm around Chen Yansen’s shoulder as they walked warmly out of the Innovation Park.

Anyone who didn’t know better would have thought they were old friends who had known each other for years.

Liao Wei calculated in his head that even though he was out 3% of his equity, getting to know Chen Yansen was worth it.

Having one more friend was always better than having one more enemy.

Chen Yansen saw Liao Wei to his car, sent him the address for the Sky Garden, and then waved goodbye.

Back on the second floor, Chen Yansen called for Wang Zihao.

”We’re going to the Star of the Milky Way tonight?” Wang Zihao’s eyes lit up, unable to hide the mischievous grin on his face.

”Mhm, I’ll introduce you to a new friend, Liao Wei, the boss of Cloud Speed Express,” Chen Yansen mentioned briefly.

”Brother Sen, I kinda feel like you got the short end of the stick,” Wang Zihao muttered under his breath after comparing the value of the 6 million in compensation with the 3% equity.

In his opinion, 3% of Cloud Speed’s equity wasn’t worth 6 million at all.

”You think if we asked for 6 million, we’d actually get it? We’d be lucky to get one million,” Chen Yansen said, shooting him a look.

To make Wang Zihao understand, Chen Yansen cited several other commercial defamation lawsuits. Generally speaking, enforcing even 20% of the claimed damages was the upper limit.

”Oh, so that’s how it is.” Wang Zihao nodded thoughtfully.

Chen Yansen didn’t care about the 3% equity. What mattered was the opportunity to get a foothold in the express delivery industry.

That evening, Chen Yansen and Wang Zihao first hosted Liao Wei at the Sky Garden before moving on to the Star of the Milky Way.

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