Chapter 295: Auction Proceeds_2
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Losses and profits.
In the evening, Chen Pingsheng boarded his private jet and left the Capital, with Bai Xin taking over the bank's auctioned assets on his behalf.
In the end, he decided to sell all three major assets, and it wasn't until a month later that he received a payment of 4.8 billion.
Netting over two billion in profit.
Of course, that's a story for another day!
Back in Magic City, Chen Pingsheng was about to get serious about making money, mainly because the new energy sector was consuming too much capital.
He was afraid he couldn't afford it if he wasn't careful enough.
Upon reviewing the internal entrepreneurial projects, Snacks Dash had already succeeded.
Now they were on the IPO track in Xiangjiang, which means finding a brokerage willing to underwrite the offering.
Xin Teng Live Streaming could also go public this year, with a starting valuation of at least twenty billion.
With thousands of internet celebrities and more than ten thousand live-streaming sales hosts.
Once he could cash out on Xin Teng Live Streaming, his income would be exceptionally large.
Moreover, the cash-out plan for Antler Coffee also needed to be scheduled.
The stock price of Antler Coffee on Nasdaq had already exceeded twenty-eight billion.
Teng You Media, specializing in the TikTok celebrity economy, had amassed a large number of influencers in half a year's time.
But the prospect of monetization was still far off.
Mainly because TikTok was still in the user fission stage and hadn't reached the monetization step yet.
They didn't even have live-stream sales yet, relying solely on the most inferior method of making money through live streaming: tipping with gifts.
Maybe they would have to wait another year or so.
In the meantime, he would have to provide endless resources to support TikTok's significant market share.
As for his college mate Yao Anni, in whom he had invested one hundred million, she had given him a bit of a surprise.
She was doing really well in the fashion industry.
After he finishes the cash-out for Antler Coffee overseas, he might be able to attempt further expansion in the fashion industry.
...
Mid-February.
The spoiled brat would soon start school, the second semester of third grade.
As for the little fart kid, she was simply staring with big round eyes, full of longing.
She too wanted to go to school, but unfortunately, she wouldn't turn three until May and would be sent to a top-tier kindergarten only after turning three.
As for now, she had been completely spoiled by her sister.
She could recite poetry backwards.
Whether 1+1 equaled three or four, she would argue with her sister until their faces turned red with fervor.
Mainly because mommy plus daddy made her sister and her.
Even with toes, one could calculate that it definitely equaled four; as for the spoiled brat, she cocked her head and thought it made pretty good sense.
His wife was already three months pregnant, and he hoped for a baby boy this time.
Otherwise, with three daughters at home, things were really going to be lively.
"Dad, are you going overseas?"
"Yes, I am, I'm leaving tomorrow, along with Mrs. Tong."
It was his first time traveling abroad, while Tong Zelan frequently did.
In fact, he was also considering investing a certain proportion of funds overseas; as of now, he had thirty billion in personal funds.
If he could successfully cash out on Antler Coffee, that would mean he would have at least a hundred billion.
It was quite essential to arrange some assets overseas.
If Song Yanxi wasn't pregnant, she would definitely have accompanied him.
Pregnancy made it unsuitable for her to be on a plane for such a long time.
The next day, Tong Zelan hurried back from Xiangjiang to Magic City.
The IPO for Snacks Dash wouldn't be difficult, mainly because their previous listings had been very successful.
They had made their partners a lot of money, establishing a good reputation in the capital market.
The listing was just a matter of time.
Chen Pingsheng and Tong Zelan boarded his private jet together and flew from Magic City to New York.
It would take about 11 to 15 hours.
Since he didn't speak English, he took three interpreters from the corporate headquarters, as well as Zhang Wanyi, his personal secretary.
In addition, two members from the legal department who were well-versed in foreign laws.
And three bodyguards, including Zhao Yimin, the head of the bodyguard team.
The travel team was well-equipped.
Mainly to serve him alone, while Tong Zelan brought only two personal assistants.
She had her own network of relationships in New York, which was quite substantial.
Her own assets, including family wealth, were at least half invested abroad.
This was similar to most of the country's top tycoons.
Many Chinese communities are over there.
New York is a world-class city.
Located on the Atlantic coast in the southeastern part of New York state, it is recognized as America's largest city and largest port.
This city, with its unique location, developed transportation network, rich cultural resources, and powerful economic influence,
has become one of the global centers for economy, finance, business, trade, culture, and media.
New York's influence is not just limited to the United States.
It directly affects the global economic and financial trends.
The world-famous Wall Street is located in Manhattan, New York.
It is also their destination this time.
Sitting next to Chen Pingsheng, Tong Zelan noted that his private plane was indeed luxurious and very comfortable to ride.
"Old Chen, you're not just thinking about cashing out on Antler Coffee's shares this time, are you?" Stay tuned for updates on My Virtual Library Empire
"Of course not, I also want to invest in some commercial real estate over there."
"Investing in real estate isn't as good as investing in football, you know."
Tong Zelan suggested, "Football is genuinely the world's number one sport. If you really want to achieve some global influence in the future, it's best to acquire an English Premier League football club, or an NBA team would also do. You've invested six or seven hundred billion in new energy car manufacturing. You don't just intend to sell well domestically, do you?"
"Talking about that is still a bit early."
Chen Pingsheng asked her, "Aren't English Premier League football clubs very expensive to run?"
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