Chapter 228: What Do You Really Like?
"There's really no intention to comfort you anymore.
We have six months of cash reserves.
As for this money, it is not too much, and it is not too much to say less.
This is considered a normal amount of cash reserves for a company.
The main problem of OK Technology at present is that our terminal has not yet reached the state that I am most satisfied with.
I think I could have made our olfactory box a little smaller.
During the half-month shutdown, my progress lagged a little behind.
If we don't sell terminal equipment, we won't have a steady flow of cash coming in.
If you want to sell, you have to invest a lot of money and build a production line.
If we rely on ourselves to slowly accumulate funds one project at a time, this process may take several years, and we will miss the opportunity to seize the market.
The projects that OK Technology is receiving now are basically experimental, and the income is relatively limited, and it is not stable enough.
Although it is said that as long as the mass production of the terminal is not done, the capital chain will not be broken.
But if we want OK Technology's olfactory box to be popularized, we must do a terminal.
The smaller I make the terminal, the higher the requirements for the production line, and the greater the upfront investment will be.
As for the matter of financing, we are in a hurry, and we are not in a hurry.
I'm refusing to meet with most of the VCs right now, and I'm building momentum.
If your cousin wants to invest in OK Technology personally, it won't help us much.
She is usually too low-key, and few people except in the industry know who the chief perfumer of INDLE Fragrance is.
I guess most people will think that when INDLE Aromatherapy was established, a senior perfumer over fifty years old was hired with a high salary.
If it weren't for the fact that I had been hearing you say that your cousin was a perfumer, and then my mom had told me something about the pain of your chat, I wouldn't have known such specific information.
At this stage, OK Technology has received such a low-key personal investment, which has not helped me to build momentum.
But it's not the same with indle diffusers.
Not only because indle is a luxury brand, but more importantly, it's an investment in the industry for us.
Industry capital and venture capital are two different concepts.
Venture capital just wants to make money out of money, sometimes just to make quick money, as long as they can successfully exit, they don't necessarily think that this thing has a big future.
If there is industry capital, it represents the support of the entire traditional perfume industry for the emerging industry of digital scent.
Industry capital is also very helpful for our valuation and momentum. "You Meng wants to say everything about vinegar Tan, and he can definitely say everything.
"Well, I don't know what my cousin means by investment, otherwise I'll call her and ask her, anyway, it's still early in China." Vinegar Tan put down his chopsticks and prepared to make a phone call.
"I'm not in a hurry about investment, and I'm not ready to receive it.
If we are profitable before we find an investment, the valuation will rise.
Before I went to Switzerland, I was already planning to start the financing process.
Now, I feel like I need to wait a little longer.
I was supposed to meet with two local London investment banks this afternoon, but they have just been cancelled by Steven. You Meng wanted Vinegar Tan not to call in a hurry.
"Huh? Why? Didn't you just come back for investment? Vinegar Tan looked at You Meng and thought, there was a feeling that he couldn't understand what was in the minds of "non-humans" more and more.
"I'm not telling you, I'm coming back, in addition to the company's affairs, I also have to solve the problem of your lack of smell.
Our professor at Imperial College London has just emailed me and said I've been connected to an expert in the field of anosmia treatment.
One of the events he was supposed to attend this afternoon was canceled for some reason, and I happened to take you to see it on this occasion.
Otherwise, next time, I don't know when I will be able to make an appointment.
For me, your business is always more important than the company. You Meng wanted to hold Vinegar Tan's hand, looking like he was afraid that Vinegar Tan would change his mind temporarily, so he wanted to go to the hospital as soon as possible.
"I'm not suffering from any emergency, I'm not in a hurry for half a day, why did you cancel the meeting with investors?" In Vinegar Tan's opinion, You Mengxiang's behavior was a bit too exciting.
"No, I'll have to check your sense of smell first.
If I start financing negotiations, OK Technology should get the investment soon.
I am the current head of OK Technology, and once I get financing in the current situation, I will be bound.
This binding will also take at least five years.
However, if you can't regain your sense of smell, I don't want to continue to be the head of OK Technology.
I don't want to keep doing something that you can't be a part of and that reminds you of what you've lost.
If your sense of smell is hopeless, I will slowly hand over the operation of OK Technology to me and the team that started the business together.
When the time comes, you go and open your dentist's office, and I open a law firm next to your office.
We are a couple of idle professionals who only work for half a year and travel the rest of the way. You Meng wanted to talk about Plan B again as he had said in Zuo.
Vinegar Tan squatted down and controlled his height to the same height as You Mengxiang, who was in a wheelchair.
"Baby Yuyu, can I ask you a question?" Vinegar Tan put away all the joking hearts.
"What's the problem? You are suddenly so serious, I feel a little panicked. You Meng wanted to look at Vinegar Tan.
"Hmm...... I wonder, what do you really like?
You really don't have to be so careful with me.
My career dreams as a child weren't necessarily what I really wanted.
For me, the sense of smell was just a 'tool' to escape from reality.
Actually, I don't have the ideal of becoming a perfumer.
When I was a child, I was too confused, not to mention my grades were not good, and I didn't have a skill, so I was useless.
At that time, I was young, I had no goals, and I didn't know how to work hard.
When Ms. Tan described my vision as a perfumer, it was just to tell me that it was still possible for me to have something I was good at.
My parents didn't want to put pressure on me, and they were afraid that I would give up too much on myself, so they weaved me a future related to perfumery.
I later told you that I wanted to become a perfumer, probably just to show you that I also have a skill.
I don't want to be crushed into slag by you 360 degrees without dead ends. Vinegar Tan decided to have a good talk with Yu Meng, who had become a little paranoid about his sense of smell.