There was a reason why Li Moyan didn't go home directly after the holiday.
Jingdian has a curriculum called "Summer Semester", which means a group of foreign teachers will be invited to come and start classes every summer vacation. It is regarded as an academic exchange activity and is a required credit for every student before graduation.
My senior sister didn't choose it when she was a freshman, so she had to stay in school for a month of "summer semester" during the summer vacation of her sophomore year.
Lin Yi didn't expect this at all because he hadn't even taken a few serious classes at the school, let alone such a fringe course during the summer vacation?
After the senior sister agreed to join, Lin Yi immediately shared his second business plan with her, and the two discussed it for a long time after returning to school.
The academic system of the summer semester is actually very relaxed. It lasts for one month but only takes one class in the middle. There is a lot of free time, which is more convenient for starting a business than usual.
Lin Yi had only arranged some interviews with Liu Jianni before to build momentum for himself in public opinion, but he had not yet made any other preparations.
This time they are no longer as broke as last time. Of course, the process of starting a business is also much more formal. First, they must register a company.
When talking about this, Li Moyan jokingly asked: "How many shares does Boss Lin intend to give me this time? It can't be less than the last time, right?"
The senior sister was very serious about discussing shares when she first agreed to start a business with them, but now that the two of them are familiar with each other, it's easier and they don't think this will be an obstacle.
Lin Yi had indeed considered it before: "Our start-up capital this time is US$10 million, and I can give senior sister a 15% share."
This ratio is not small, and the senior sister received 1.6 million US dollars from random distribution, which can be used as capital contribution. Lin Yi's 8.5 million US dollars is certainly not a problem.
The senior sister is not a person with strong material desires, so the $100,000 left behind is enough for her to spend.
Li Jianguo's departure gave Lin Yi more space in terms of equity. On the one hand, the ratio he gave took into account the senior sister's investment ability. On the other hand, leaving 5% more than before was not intended to be put in his own pocket, but to prepare for it.
To attract more talents.
Really useful talents in the entrepreneurial stage cannot be hired with money.
Li Moyan did not raise any objection. She just asked: "Do we need to raise as much as 10 million US dollars ourselves?"
It is normal for entrepreneurs like Lin Yi and others who have a certain amount of capital not to raise an angel round, but if they directly raise US$10 million, it would be equivalent to the size of a round A or even a round B of a typical startup company.
In fact, when Lin Yi went to see Liu Jianni before, the other party suggested that if he had a new business plan, he could tell her. If it sounded reliable, Lin Yi thought it wouldn't be a problem to get a few million dollars from her.
Of course he has a reason.
"First of all, senior sister, you should remember that I just said that our two main competitors have completed tens of millions of dollars in financing. I don't want to start with a huge disparity in funding like last time."
"Secondly, the track we have chosen must be paved with money in the end. It does not mean that we will not deal with investors if we skip one or two rounds of financing now. We will need their support sooner or later."
"Sister, our equity will be diluted very quickly by then. Keeping a little more now will be beneficial to ensuring our control in the future."
Li Moyan didn't ask any more questions. Although Lin Yi's predictions now sound a bit inexplicable, his previous magical judgment that "every group will definitely enter the takeout industry" finally came true.
In addition to registering the company, their immediate priority is to come up with products, but this time Lin Yi does not plan to do it himself, so a technical team is needed to realize his needs.
Then Lin Yi and his senior sister appeared at Professor Li Feifei's home.
The two parties were now very familiar, so Li Feifei poured them a glass of water, sat down and asked: "You just made a windfall, and you didn't go out to play a few times during the summer vacation, so you came to my place again, I'm afraid you'll be there again."
Are you planning something bad?"
She was still so quick-tongued, but what she said was just a joke.
"There are two things."
Lin Yi said with a smile, "The first is that we had a lot of help from Mr. Li in the process of setting up Suiyi. However, the process of selling Suiyi was very hasty, so I came here today to express my gratitude."
Lin Yi was not just talking. They did not come empty-handed today, but carefully prepared some gifts. Li Feifei accepted them after seeing that they were not valuable.
Then he also proposed that he would sponsor Professor Li Feifei's research. Of the more than 12 million US dollars he got casually, 8.5 million would be used for his next business venture. He planned to leave some for his parents when he returned home, so he should be able to use some of it.
.
The money will not be too much, Lin Yi just wants to express his gratitude to Professor Li Feifei.
The female professor was also surprised that she was able to incubate a project worth US$20 million after accidentally receiving an entrepreneurial guidance task assigned by a college.
Now her relationship with Lin Yi and Li Moyan may be closer than most of the graduate students she has taught, but she did not intend to take their money, so she declined.
"I accept your wishes, so let's just talk about the second one."
Lin Yiyi was so sorry to give up.
"I really want to ask Teacher Li for help with this second matter. My senior sister and I are preparing a plan to start a business for the second time, and we need a partner with strong technical skills to join us."
In the past, the technical strength of the casual takeout website was mainly the graduate students led by Professor Li Feifei. Now that he is rich, Lin Yi is naturally embarrassed to do such free prostitution.
Li Feifei asked back: "Technical partner, do you want me to help you find a CTO?"
The so-called CTO is the chief technology officer. This time they are not as casual as before. The technical leader of a US$10 million startup company is qualified to hold this title.
After Lin nodded, Li Feifei asked again: "Why don't you ask Jenny to help with this? She must have more candidates than I can think of."
"Actually, I have asked her to help me contact the media before, but I have no plans to take her money yet, so I don't want to owe her too many favors or let her know too much information."
Lin Yi told the truth, and then briefly introduced his general plan.
Li Feifei is not the kind of pure teacher. She has a certain understanding of the industry, so before Lin Yi finished speaking, she interrupted and asked:
"There are already many players in the track you chose, including some with profound backgrounds. Moreover, some of the first batch of players have now been eliminated. Are you sure you want to take this trip into troubled waters?"
What the female professor meant was that it seemed to be too late to enter the game. Lin Yi certainly understood the situation, but he knew that the turning point had not yet occurred based on his memories from his previous life.
"I feel that the war in this industry has not really started yet. Although it seems to be lagging behind others, my senior sister and I both want to try again."
"After all, when we founded Yiyi, Hungry Are You have already been running for three years. When each group finally aggressively acquired us, they didn't think they would lose to it, right?"
Li Feifei knew that selling it would be a problem for them, so she stopped trying to persuade them and just agreed to help them find someone.