Chapter 302 - Starting Funds
Xuemin looked at Lin Yi, stunned. The Golden Creation recipe had always been a secret in the industry, a secret no one knew. Many medicine companies tried hiring Eastern doctors to look into the medicine, but nothing noteworthy came out of it.
And Lin Yi was telling him that he had a similar recipe? Xuemin remembered the prescription he’d given Huaijun- he didn’t doubt Lin Yi in the slightest!
Lin Yi claiming that he had such a recipe had to be true- it would most certainly be on the same level as the Golden Creation recipe, too, if it was Lin Yi saying that.
“If that’s true, then we’ve plenty of game to contend with Miracle Doctor Kang with the painkiller recipe we now have in addition to the recipe you mentioned.” Xuemin nodded. He was intrigued in Lin Yi’s recipe, but wasn’t too interested in business.
“Grandpa Guan, I’m thinking of building a medicine company by using my recipe and your name. Are you interested? I’ll use the recipes for my shares.” Lin Yi announced.
He’d interacted with Xuemin multiple times, and knew him pretty well. Xuemin wasn’t one to put importance on fame- he hadn’t much desire, but he did focus heavily on recipes. Lin Yi didn’t think that he’d want to take the recipes for himself, but rather look into the properties and nature of them.
“I can let you use my name for free……” Xuemin waved his hand. “I don’t lack anything; why would I want so much money for? But do you understand the cost for a medicine company? Especially with recipes like these- we’d need to prevent other factories from manufacturing them, and keep them firmly to ourselves! Put that in with all the other costs, and we’d need at least a hundred million!”
“A hundred million?” Lin Yi didn’t have any experience doing business, and wasn’t expecting the number. “That’s quite a lot. Do you have the money, Grandpa Guan? I can hold a smaller share.”
A hundred million wasn’t much to the old Lin Yi- Old Lin always lied about how his missions were worth a few hundred kuai, but Lin Yi himself understood. He had had plenty of missions worth over a hundred million, but never argued with his stingy old man over it. The guy did raise him, after all, and he had no reason to put that emphasis on money with him.
But now that he actually had a use for money, Lin Yi realized that you couldn’t do anything without it.
“Haha… I only have enough money for my daily spendings- I donate most of my earnings to medical establishments.” Xuemin smiled. “As you know, there really isn’t any output for me to spend money on, considering my status at the school. I basically have all my daily spendings covered by them.”
Lin Yi found himself in a difficult position- it seemed that he really did look at things too simply, assuming that it’d be fine if he had the recipes. The thought of starting funds hadn’t even crossed his mind until now.
He could discuss this with Chu Pengzhan, a prime investor candidate… He was sure that Pengzhan would be interested in this new industry.
Yet the guy hadn’t even fixed the inside problems at his company yet- Lin Yi didn’t want to hand his recipes over to a company with no guarantee.
It wasn’t that he didn’t trust Pengzhan- the problem was that it might not even be Pengzhan’s company in the future if things went wrong, Even if he continued to hold ownership, there were still the bastard shareholders to worry about; the lot even went as far as assassinating Mengyao. Stealing recipes would look quite benevolent in comparison.
“My eldest son does have that kind of money, but I won’t use it.” Xuemin continued after seeing Lin Yi’s silence. “He’s a greedy man- he can’t be involved in this!”
“Oh?” Lin Yi wasn’t expecting this from Xuemin- people usually left the good things to their children, yet Xuemin cut off any possibility of his son’s involvement right from the get-go.
“Haha, he has enough money on his hands already, I don’t want to make him fall any further.” Xuemin chuckled. “My youngest son, Xin Xin’s father, also has his own business- but it isn’t too big. I reckon that it’s only worth two or three hundred million- they wouldn’t be able to fund us even if they wanted to. That’s why I don’t want either of them to get involved. It’d be fine if I’m still around, but after I’m gone……”
Xuemin didn’t continue- he believed that Lin Yi would understand what he was trying to get at.
And Lin Yi did. Although, it still came as a surprise- he knew that Xuemin wasn’t one to care about fame, that Xuemin was a just man… Yet he didn’t expect this sort of thoroughness from the old man. He’d excluded his two family members right after Lin Yi had proposed the business partnership!
“Grandpa Guan… It’s fine to give them some shares.” Lin Yi said, feeling a little bad.
“No need.” Xuemin shook his head. “Even I don’t want the shares!”
“Ah?” Lin Yi paused. “We can’t do that! How would I borrow your name then?”
“You little… Let me finish!” Xuemin was a bit speechless, a smile on his face. “I wasn’t done!”
“Ah… okay. Please continue, Grandpa Guan.” Lin Yi was pretty close with the old man at this point.
The two had long gotten into a deep bond ever since their last discussion.
“Xin Xin is my dearest granddaughter- if possible, I’d like you to give her a small portion of the shares.” Xuemin said. “Not too much- just enough for her to live her life without worry.”
“Naturally. No problem.” Lin Yi said without hesitation.
“Don’t say yes too quickly- you still have to find a way to fund the company!” Xuemin said with a wave of his hand, his tone solemn. “My name should make things easier for you- you’d be able to gather a lot of investments, but it’s best if you don’t let other people participate in this company!”
“People envy the profits the Kang family enjoys- but there’s nothing they could do about it, because outsiders aren’t allowed to get involved. They follow a familial structure when managing the company.” Xuemin continued. “As long as old Master Kang lives, nothing would go wrong. Your company, on the other hand, is different. I can’t guarantee that they’d respect my name more than the profits in front of their eyes if you involve outsiders.”
“I understand, Grandpa Guan. I’ll figure something out for the funding.” Lin Yi nodded.
Xuemin left it at that. A hundred million seemed like a ridiculous fortune to a normal person, but Xuemin understood that Lin Yi was no normal person.
They guy was teammates with Yang Huaijun, a man with outstandingly mysterious medical abilities. He was by no means a normal person.
“Ah, right, something to discuss with you- I have a patient’s condition I’d like you to have a look at. See if you have any solutions to cure him?” Xuemin pulled out a medical record as he spoke.