Reborn with the Ultimate Genius System
Reborn with the Ultimate Genius System Chapter 127.2

“Chapter 127: The Shock of Su Gang and Others (Part 2/2)

“Since that’s the case, I won’t keep you here overnight. You’ll leave after dinner, try to get home before it gets dark,” Tang Feng said.

“Little Feng, Xiaoli called me yesterday, saying you’re planning to start a company. What exactly does this company do?” Su Gang asked with interest.

“An internet company,” Tang Feng replied.

“Internet company? Is it like those websites we use to go online?” Su Gang guessed.

“Pretty much. But what I’m working on is a chat tool, similar to QQ.”

“I know QQ! I even registered an account! But I hardly use it. It seems that not many people use it now.”

“That’s mainly because there are too few internet users. Of course, as technology advances, the price of computers will become cheaper, and the number of internet users will increase.”

“But how do you make money by developing this chat software?”

“I’m not considering that for now. To be precise, I don’t plan to make money for the next five years,” Tang Feng answered.

“Ah?” Upon hearing this, Su Gang and the others were stunned on the spot!

“Little Feng, your uncle is also in business. It’s okay to operate at a loss to build up reputation when you just start. But that’s usually only a loss of a few hundred thousand. Then, gradually, you work on increasing sales and start making money. Your idea of not making money within five years means you will have to keep investing. For five years, how much do you plan to invest?” Su Gang asked, puzzled.

“That’s hard to say. Maybe one billion, maybe ten billion,” Tang Feng answered.

“Ten billion! My goodness! Son, are you feverish? Where are you going to make so much money?” Tang Feng’s Mother became nervous all at once.

“There are many ways to make money. I just wrote six characters and painted three paintings, planning to sell them,” Tang Feng said with a smile.

“Little Feng, your paintings are indeed good! But even a painting sells for at most a few hundred thousand, a million. For such a large investment, at best, it’s just a drop in the bucket,” Su Gang reminded him.

“The company won’t need much money at the beginning. I estimate that twenty or thirty million should be nearly enough. I currently have a few million in hand, which should last for a while,” Tang Feng said.

“That’s not right! Little Feng, didn’t you solve many mathematical problems before and received several million dollars in rewards? Where’s your money?” Tang Feng’s Mother asked.

“I bought forty million worth of stocks,” Tang Feng answered truthfully.

“Stocks? Little Feng, you know how to do this too?” Su Gang was somewhat surprised.

“I bought stocks in Maotai Company. I think the development prospects of this company will be very good. I plan to hold them for a long time and sell when the time is right,” Tang Feng responded.

“Maotai liquor does taste good, though the price is also high. But the stock market is risky, you have to be careful,” Su Gang reminded him.

“I know,” Tang Feng nodded and said, “Anyway, forty million, for me, is nothing much. Just consider it as putting money in the bank.”

“Little Feng, how has your tone become so big? Forty million is more than most people can earn in their lifetime,” Tang Long seemed somewhat displeased.

“What I said is true. I’m going abroad in a few days to participate in the World Championship. If I can win the championship, the prize money should also be quite substantial,” Tang Feng said with a slight smile.

“Participating in a competition? Is it Go?” Su Gang asked.

“No,” Tang Feng shook his head and said, “I’m participating in the World Men’s Basketball Championship.”

“I didn’t hear wrong, did I? You said basketball?” Su Gang was very shocked.

“Yes,” Tang Feng nodded and said, “I will be joining Yao Ming and others in competing in this edition of the World Men’s Basketball Championship.”

“Tang Brother, your son is really extraordinary! I originally thought it was Go, but it turned out to be basketball!” Su Gang couldn’t help but express his admiration.

“Dad, let’s talk business first. How much money can you put into the company?” Su Xiaoli asked.

“Two million. That’s all the cash I can come up with right now. Later on, when I have more money, I can put in some more,” Su Gang answered.

“Brother Feng, is two million okay?” Su Xiaoli looked at Tang Feng, her eyes filled with affection.

“Of course, it’s okay! In that case, Uncle Su puts in two million, and I put in eight million, making a total of ten million,” Tang Feng decided.

“For two million, what’s the percentage of the shares? Twenty percent?” Su Gang asked.

“No,” Tang Feng shook his head and said, “For two million, it’s ten percent.”

“How come it’s only ten percent? Are there other shareholders?” Su Gang was a bit puzzled.

“Here’s what I’m thinking. I’ll put in eight million for forty percent. You put in two million for ten percent. The remaining fifty percent, I plan to set up a share pool. It can be distributed to employees who join the company,” Tang Feng answered.

“You’re really generous to distribute so many shares to others,” Su Gang laughed.

“If you want the employees to work hard, then the compensation must be sufficient. Wanting the horse to run fast but not wanting to feed the horse. A company like that is doomed not to grow,” Tang Feng said.

“However, for the employees, shares of a company that hasn’t gone public are just empty promises. I think it’s better to give more salary,” Su Gang suggested.

Tang Feng nodded and said, “You’re right! Some employees indeed don’t like shares. Because shares are more like pie in the sky. It might be impossible to go public in their lifetime. If employees don’t want shares, then the salary will definitely be increased appropriately.”

“Running a company is not easy. You might think starting a company is very easy now, but once the company is up and running, you’ll know how hard it is to be a boss. Anyway, I’m busy every day,” Su Gang said, shaking his head.

“Uncle Su, how much does your winery make in sales a year?” Tang Feng asked with interest.

“About twenty million,” Su Gang answered.

“With twenty million in sales, can the net profit reach two million?” Tang Feng continued to ask.

“About that. With good luck, the net profit can reach three million.”

“Three million is still okay. I think you can expand the production scale and develop a few new types of wine,” Tang Feng suggested.

“It’s not as simple as you say! My company currently only has one technician and two lab technicians. Relying on them to develop new products is basically impossible. The wines we produce now are also the more popular ones on the market, with no room for innovation,” Su Gang’s mouth curled into a bitter smile.

“Next time I come home, I’ll visit your company and see if I can help with anything,” Tang Feng offered.

“Okay!” Su Gang nodded.

At that moment, the dishes were served one after another.

Tang Feng invited everyone to start eating.

“Once your company is established, tell me the company’s corporate account, and then I’ll transfer the two million to this account. These shares will belong to Xiaoli, and you can decide what to do with them,” Su Gang said.

“Ah? Dad, this money is all yours, giving the shares to me, is that appropriate?” Su Xiaoli seemed a bit surprised.

“It’s appropriate! What’s not appropriate about it! Not to mention this money, even the company I’m running now, and all the property at home, will ultimately be yours. Besides, you’re studying in the capital. Being a shareholder of this company, attending meetings, and so forth will be convenient. Otherwise, I’d have to rush over from Binjiang, which is very troublesome,” Su Gang answered.

Seeing him say this, Su Xiaoli didn’t say anything more.

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Just a college student that loves reading novels~!

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