Chapter 337

The frown on Maja’s face deepened. The document only mentioned a $500 million deal with the Pennyfeather family’s company but didn’t specify the deal.

She was instantly on edge. What kind of deal involved such a massive amount of cash flow?

The last time the Pennyfeather family’s company was raising funds, the Raymond Corporation didn’t even invest up to $500 million. But the investment in this deal exceeded that amount.

Maja’s heart started racing, and she could no longer keep her cool.

She rang up Samuel. Samuel had just acquired Silver Carnes‘ company, so he would have more insight into ByteWise Technologies.

Samuel was in a meeting when he received her call, idly twirling a pen between his fingers.

“Maja, what’s up?”

“Mr. Brown, I just wanted to know what project ByteWise Technologies has proposed.”

Samuel reclined slightly, chuckling.

“Oh? The Pennyfeather family is working with ByteWise Technologies?”

the agreement was signed by his assistant, who must have had

down. ByteWise Technologies has business model that exploits contractual loopholes to force small and medium–sized companies into bankruptcy. Despite their talented staff and extensive connections, and even making the Forbes list, their business practices aren’t widely accepted. Ian has been in Silicon Valley long

pounded

they force these

a hurry, Samuel spelled it out for

price of other raw materials. It could vary by as much as 20% within a year. ByteWise Technologies excels at persuading these companies to sign agreements to purchase their paint at a fixed price over the next few months. For example, $30 per barrel. If, three months later, the market price of paint falls below

nodded; that

contracts they sign are usually huge, often more than the company can handle. They might place an order for $100 million. worth of paint, but even if you go all out, you can’t fulfill that quantity. Then you’d be in breach of contract and have to compensate them $200 million. Most companies would force their employees to work overtime to meet this target, but ByteWise Technologies has some of the best

“How much did

“$500 million.”

family’s second round of financing didn’t even reach that amount. Did lan recently block all your business, leading to massive losses for the company,

the thoughts of the

company. It was equivalent to two

they hadn’t had any business for half a year, and everyone was getting antsy.

contract came at just the

factory employees work hard was better than having everyone sitting idle

Carter, the contract

all she understood was one thing: The

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