The Problem of Funding
Guan Xuemin looked at Lin Yi in shock. The formula for Golden Creation had always been a top secret in the industry. No one knew about it, and while many pharmaceutical companies had paid a high price to hire Eastern physicians to do research on it, no one had been able to find the formula.
But Lin Yi had a formula with similar effects? But when he thought about Lin Yi's painkiller formula, Guan Xuemin didn't doubt that Lin Yi was just joking!
If he said it existed, then it definitely existed. If he said it worked, then it worked! Guan Xuemin had no doubt about that.
"If there really is, then with the painkiller prescription in our hands, we'll be able to compete with Miracle Doctor Kang on equal footing with these two products." Guan Xuemin nodded. He wasn't interested in business, but he was very interested in Lin Yi's formula.
"Grandpa Guan, I'll use my formula to buy shares, and I'll borrow your name to start a pharmaceutical company. Are you interested?" Lin Yi spoke his mind.
Lin Yi had a general understanding of Guan Xuemin through their few interactions. The man didn't care much for fame and fortune, and had almost no desire for it. Prescriptions, on the other hand, were very important to him. It wasn't that he wanted the formula for himself, but that he wanted to study the properties of the formula.
"You can use my name for free …" Guan Xuemin waved a hand. "I don't lack food or clothes, so money is useless to me. But do you know how much money it takes to start a pharmaceutical company? We have to get our hands on the formula, and we can't hire other factories to do it for us. We'll need a production line as well, and we'll need at least a hundred million to start the company! "
"A hundred million?" Lin Yi didn't have any experience in business, so he paused. "That's a bit much. Do you have the money, Elder Guan? I'll take a smaller share. "
A hundred million wasn't much to the Lin Yi of the past. Although the old man lied to him and said that a mission was only a few hundred yuan, Lin Yi knew very well that there were many missions worth more than a hundred million yuan. However, Lin Yi did not want to haggle with his stingy old man. The old man was the one who had raised him. There was no need for him to haggle with him so clearly.
But now, Lin Yi was really short of money. He knew that without money, he couldn't do anything.
"Hehe … My money, other than enough for my daily expenses, has basically been donated to the medical industry." Xuemin smiled. "You know that at my level, I don't need to spend much money. The school basically covers all my daily expenses."
Lin Yi was in a bit of a dilemma. It seemed that his thinking was a bit too simple. He thought that he could make money with the formula, but he didn't think about the start-up capital.
If it was an investment, Lin Yi could pull it in. He could talk to Pengzhan about the prospects of this industry. He was sure that the guy would be interested, but his company's internal problems weren't solved yet. Lin Yi didn't want to give the formula to a company he had no confidence in.
It wasn't that Lin Yi didn't trust Pengzhan, but the problem was that the company might not even belong to Pengzhan in the future. Even if it did belong to Pengzhan, those bastard shareholders of the company were even capable of assassinating Mengyao. There was no telling if they'd be jealous of the recipe or not.
"My eldest son does have the money, but I won't use it." Xuemin continued after seeing that Lin Yi wasn't saying anything. "He's a bit greedy. We can't let him participate in this!"
"Oh?" Lin Yi paused. He wasn't expecting Xuemin to say that. Normally, people would think of their children first when there was something good, but Xuemin had rejected the possibility of letting his eldest son participate.
"Haha, he already has enough money to spend. I don't want to hurt him." "My youngest son, Xinxin's father, is running a temporary business. He does have some money on hand, but his company isn't very big. I estimate that the total value of the entire business is only two to three hundred million. He doesn't have that much liquid capital. So, I don't want either of them to participate in this. I'm still healthy, so it's not a big deal. But in the future … Haha … "
Xuemin didn't continue, but he believed that Lin Yi would understand what he was trying to say. Indeed, Lin Yi understood Xuemin's words. Lin Yi was shocked. He knew that Xuemin was a righteous old man who didn't care about fame and fortune, but he didn't think that the guy would be this insightful. He'd removed his two family members from the equation as soon as Lin Yi mentioned the idea of a partnership.
"Grandpa Guan … It's not a problem to give them some shares." Lin Yi said, a little embarrassed.
"No need." Xuemin shook his head. "Don't talk about them. I don't even want the shares!"
"Ah?" Lin Yi was stunned. "How can you do that? How can I borrow your reputation? "
"You brat … Let me finish!" Xuemin didn't know whether to laugh or cry at Lin Yi's words. "I haven't finished yet!"
"Uh … Okay, Grandpa Guan, go ahead." Lin Yi was familiar with Xuemin now, so he wasn't as restrained as before.
In fact, the two of them had become good friends since the last time they talked about medical problems.
"Xin Xin is my favorite granddaughter. If it's possible, you can just give her a small part of the shares." Xuemin said, "It doesn't need to be much, just enough for her to live in the future."
"Of course, that's not a problem." Lin Yi agreed without hesitation.
"Don't be in a hurry to agree. You still have to think of a way to start your own business!" Xuemin said solemnly with a wave of his hand. "My name is useful in all the big houses, and I can pull in a lot of investments, but you better not let anyone else have a share in this medicine company!"
"House Kang's Golden Creation's profits are enough to make people jealous, but there's nothing we can do about it. They're managing it like a family, and no outsiders are involved." Xuemin continued. "As long as Elder Kang is still alive, there won't be any problems. But if someone else were to get involved in your company, I can't guarantee that my name will still be effective in the face of profit. "
"I understand, Grandpa Guan. I'll think of a way to get the funds myself." Lin Yi nodded.
Xuemin didn't say anything else. A hundred million seemed like a fantasy to an ordinary person, but he knew that Lin Yi wasn't an ordinary person.
How could Huaijun's teammate, someone with such miraculous medical skills, be an ordinary person?
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