Chapter 252: Chapter 191 Magic City Great Relocation_3
After all, what industry is bubble tea?
In his view, it had no class at all.
But what was the result? They used only 60 million, and in less than a year, they took the bubble tea business public.
Valued at 2.5 billion, they successfully cashed out 1.5 billion.
Compared to the live streaming entertainment business he thought was high-end, that was who knows how many times more successful.
And the key point is, Wang Yanfeng gave up Feiying Entertainment and Juxianzhuang halfway to focus all his efforts on Male Cat Live Streaming.
If you said he made the wrong choice, you wouldn't be wrong.
After all, this project allowed him to secure over 2 billion in financing in a short time.
But if you said he was not wrong,
Male Cat had already lost a heap of money, with no chance of a comeback.
On the other hand, Chen Pingsheng, he not only made the bubble tea business a success.
From dining, entertainment, to fruits and department stores, he didn't miss any.
Everything was progressing together like a herd of cash cows; not a single one was running at a loss.
You could say the industries he worked in weren't that prestigious, but you couldn't deny that the money he made that year was definitely the most in the class.
None could compare.
And certainly, not someone like Wang Yanfeng, a second-generation rich kid, could be on par with him.
The big waves washed away the sand, and time bore witness to everything.
Even Wang Yanfeng himself felt odd looking at Chen Pingsheng.
This guy, who he had previously considered to be unsophisticated, kept shattering his perceptions time and again.
Now, he could even afford to spend a billion to buy a headquarters building in Capital City.
In the whole class, Chen Pingsheng was the only one who could whip out that kind of cash in one go.
Wang Yanfeng couldn't do it, and neither could anyone else.
If you say cash is nothing, let's talk about valuation.
The unlisted Tengying Entertainment is valued at 10 billion, without any fluff.
Their revenue and net profit could totally support that valuation.
Going public is just a matter of one or two years.
At that point, he will be the founder of a hundred-billion-level listed group.
With such status, anywhere he goes, even the city leaders will have to greet him.
Maybe not in Beijing-Shanghai-Guangzhou-Shenzhen, but in those cities with slightly less economic conditions, they would definitely treat him as an honored guest.
This is the influence a hundred-billion-level listed group brings, far beyond ordinary people's imagination.
Chen Pingsheng wasn't proud, but rather, after he took the stage, he sincerely thanked everyone for the professional knowledge learned over the year.
From finance and bonds to international investments, as well as business management.
He had made significant progress in all these areas.
And the classmates in his class also showed him a broader world and a variety of industries.
There were all sorts of professions among the twenty-plus people in the class.
There are experts in every trade.
If it weren't for Tong Zelan, he definitely wouldn't have invested in Bobo Milk Tea.
If it weren't for He Bijing, he wouldn't be so determined about sticking to the traditional breeding industry in the future.
He wouldn't have even thought about starting in Guangdong with Fei Yangyang.
It could be said that he gained the most over the year.
In the last three days, everyone seemed to have become much closer.
A class group was created, and everyone said they should stay in touch in the future.
Next time we take the CEO class, we can all enroll together.
Never too old to learn, right?
Facts have proved that enrolling in the CEO class was a very correct decision.
The classmates in his class had initiated quite a few small group projects, but the only successful ones so far were his Bobo Milk Tea and Fei Yangyang.
Currently, the development of Fei Yangyang is very promising. Tong Zelan guarantees that the final round of D-series financing will be completed before September.
For that financing, she herself will participate again, to avoid diluting her shares too much.
Chen Pingsheng felt the same, he didn't want to dilute his stock too much either.
At the time of IPO, he can go big again.
He might even pull in more than two billion.
With both of their participation, the D-round financing will definitely go very smoothly.
It was He Bijing who suggested, "Let's not wait until September. We all trust Old Chen, isn't it just over seven hundred million?
"He and Tong Zelan have already taken the major share. The rest of us will cover it all together. If we can complete the IPO this year or next, everyone can make a fortune."
Fei Yangyang had everyone's participation from the beginning, and now it was down to the final round.
Having the people in this class collectively take it over would also be like the graduating class propelling Fei Yangyang straight into the clouds together.
It was also a common witness of their time together in class.
Tong Zelan thought this was a great idea; anyway, she still strongly supported the development of Fei Yangyang.
Even though the pricing was low and the profit margin wasn't high,
The popularity was undeniable wherever they opened.
Marketing was always far ahead, and in terms of service, it beat other brands in the same price range and class.
Hardly any competition was in sight, even with binoculars.
Good reputation, good service, and low prices.
What reason could there be not to go public?
So, she had to protect her existing shares during the final round of financing.
When it goes public, she can cash in big again.
If Fei Yangyang goes public, it will be valued at at least seventy to eighty billion.
It may not compare with Tengying, but in the restaurant industry, it's definitely a unicorn.
Now, in a year, Chen Pingsheng seems to be the owner of three businesses ready to go public.
In the class, he really stood out from the crowd.
Leading by a long way, and still going further ahead.
The twenty-plus classmates of the CEO class gave Fei Yangyang a great gift at this crucial moment of graduation.
They helped it complete the D-round of financing directly.
And from that moment on, Fei Yangyang would no longer dilute its shares to raise development funds.
All that was left was the IPO process.
After getting the money, Fei Yangyang wasted no time in expanding in Guangdong. According to Gao Hu, he'd spend that money well even if it meant no rest for half a year.
7.5 billion.
Plus the 4.5 billion from the previous C-series.
Fei Yangyang got a total of 12 billion in development funds this year.
How huge was the figure?
It could open six hundred Fei Yangyang direct-store outlets in nationwide first-tier cities.
With the existing ones, after spending this money, there could be about eight hundred Fei Yangyang stores in the country.
It would become a mega-group in the restaurant industry overnight.
All that was left was going public.
In such a situation, how could anyone not envy him?
It can be said that Fei Yangyang's development was much harder than Bobo Milk Tea's.
Traditional large dining restaurants were just like that, far from the easily replicated franchise stores.
But at this point, the hardest part was over.
From here on, they just needed to proceed steadily.
There shouldn't be too many surprises anymore.
Fei Yangyang had basically clinched success, and at such times, one must be even more cautious.
They absolutely cannot afford to make a wrong step at the final phase.