After all, what industry is bubble tea?
In his view, it had no class at all.
But what was the result? They used only 60 million, and in less than a year, they took the bubble tea business public.
Valued at 2.5 billion, they successfully cashed out 1.5 billion.
Compared to the live streaming entertainment business he thought was high-end, that was who knows how many times more successful.
And the key point is, Wang Yanfeng gave up Feiying Entertainment and Juxianzhuang halfway to focus all his efforts on Male Cat Live Streaming.
If you said he made the wrong choice, you wouldn't be wrong.
After all, this project allowed him to secure over 2 billion in financing in a short time.
But if you said he was not wrong,
Male Cat had already lost a heap of money, with no chance of a comeback.
On the other hand, Chen Pingsheng, he not only made the bubble tea business a success.
From dining, entertainment, to fruits and department stores, he didn't miss any.