Chapter 525
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Austin's lips twisted, wondering how his father had found out so quickly. He suspected Ruby had informed Yuriel about the incident since she was a Caulitorna BBQ investor.
"That's the money I made from trading stocks. It's easy money. It's as if it fell from the sky, "Austin replied calmly.
Yuriel was aware that Austin had invested a lot of money in stocks. Despite Yuriel's concern, Austin never took his advice.
Feeling hopeless, Yuriel sighed and said, "You should stop investing in stocks while you're ahead. As for that university girl, don't take her too seriously. She's not worthy of you."
Already in a terrible mood, Austin became more irritated.
He raised his voice and shouted, "Don't do this, don't do that... You're annoying!"
Yuriel snorted coldly.
"I am your father. Shouldn't I be concerned about you?"
Austin leaned back in his chair and closed his eyes, ignoring his father's rage.
"If you were half as competent as Carlisle, I wouldn't be so worried about you," Yuriel remarked.
Despite being the wealthiest man in Riverland, Yuriel couldn't help but envy Carlisle's parents for having such a brilliant son, while his own was a mere disappointment.
Nonetheless, he was relieved that Austin was diligent at work and had no bad habits. Yuriel felt that if Austin had only some business acumen and some training, he might be able to shoulder his business empire.
Yuriel pulled a chair to sit down.
"I plan to acquire Alumni Network."
At that moment, Carlisle's Alumni Network had three million registered users. With its trajectory, it could reach ten million by the end of the month, making it a significant revenue generator in the Internet industry. Yuriel didn't think Carlisle should own such a money maker, so he planned to acquire it for 100 million dollars.
Austin cracked open his eyes and asked, "Are you sure they're willing to sell?"
Alumni Network's reputation had spread across the Riverland business community. Many angel investors were eager to contribute, yet Alumni Network did not intend to accept investments, indicating that Carlisle did not lack funds.
"If the number's right, I believe he'll sell it anyway," Yuriel replied confidently.
"How much do you plan to offer?"
"100 million!"
"100 million?"
Austin's eyes widened in disbelief.
He knew Alumni Network showed great potential but wondered if it was worth 100 million dollars. After all, it had only been launched for nearly a month.
Narrowing his eyes, Yuriel explained, "One must take risks to gain an advantage. Alumni Network's future commercial value would exceed 100 million dollars if not one billion."
"No, it can't possibly be worth one billion! The internet isn't fully popularized yet, so most students find it novel!" Austin exclaimed.
He refused to believe that Carlisle could make one billion from a mere website, surpassing the Gust family's achievements, which was the result of generations of hard work. He found it simply too good to be true.
Looking at Austin, Yuriel sighed and slowly explained, "Despite the internet not being fully popularized, Alumni Network has already attracted so much attention. University students nationwide will undoubtedly sign up for its membership once it becomes widely adopted!"
As much as Austin wanted to argue, he remained silent, not daring to question his father's business acumen.
Meanwhile, Gareth and a few others took their seats in a private room at Caulitorna BBQ. Carlisle sighed.
"Gareth, your gift was simply too much!"
The Rolls-Royce Gareth gifted Carlisle was shipped directly from abroad and cost about one million dollars after adding various taxes and fees to its selling price.
The shipment took about one month to reach the country. In other words, Gareth had purchased it a month ago. This explained why he had not been visiting the bar then he was tight on cash.
However, despite his tight finances, he had been willing to spend over one million dollars to buy Carlisle the car as a token of his genuine and loyal friendship.
"Some friend I am, huh?"
Gareth grinned, his brows raised.