Manhattan, Upper East Side.

Abel was sitting in the back compartment of a black Maybach 62s on the roadside.

He watched Ikana take a Mercedes-Benz S car and slowly drive next to his Maybach 62s.

Ikana lowered the glass in the back compartment of the Mercedes-Benz S and waved to him.

Abel also lowered the glass and smiled back at her.

After the Mercedes-Benz S drove away, he raised the glass.

Then lie down on the soft and comfortable seat in the most comfortable position.

He raised his head and looked at the beautiful glazed starlight carriage ceiling.

"Oh, fishing."

"I just don't know who is being fished and who is fishing. Who is the prey and who is the hunter."

He shook his head slightly in amusement.

As far as he knew, Ikana was definitely not as calm and calm as she showed now.

The failure of ykm's second round of financing was by no means as easy as what she just described.

This time ykm’s second round of financing failed.

The real reason is that ykm’s round of financing and current valuation are too fictitious.

There may even be fraud involved.

If any agency intervenes in the investigation, it may even lead to fraud!

ykm is a clothing brand.

The pace of development is not unsatisfactory.

It has only been established for three years, and its valuation reached US$300 million in the first year.

700 million in the second year, and 1.1 billion in the third year this year.

It doesn’t look like much,

But you must know that ykm is just a factory now, not even a factory.

It is only a medium-sized clothing brand with 50 chain stores in a few big cities such as Los Angeles and New York.

The valuation has reached an exaggerated US$1.1 billion.

L Brands, which owns the Victoria's Secret brand and has more than 300 stores in the United States, is valued at about US$1.5 billion.

How can ykm be so virtuous and worth 1.1 billion?

Is it more famous just because it's in the media?

Or is it because she sells more clothes?

Obviously not, and investors are not stupid.

The bank that gave it this valuation is not stupid.

The reason why ykm is so valuable is actually because of its 50 stores.

Almost half of them are self-owned properties, which means that these stores are not rented.

It's ykm's own.

Ykm is valued at US$1.1 billion because its own assets are worth more than US$600 million.

Coupled with the brand value and Ikana's marketing capabilities.

The valuation reached an exaggerated US$1.1 billion.

However, even so, this valuation is obviously too high.

For Ikana’s second round of financing, she wants a valuation of at least US$1 billion.

The investors are not stupid, so of course they won’t.

Its second round of financing has been put on hold.

As far as Abel knows, ykm owns valuable properties.

In fact, it is Ikana's father, D. Ted Lerner.

D. Ted Lerner used these properties for investment and invested in a round of ykm.

Among the current shareholders of ykm, Ikana herself only holds 26% of the shares.

Her father's shareholding ratio is as high as 48%.

So the name of ykm is "Miss Ikana", and Ikana herself is also the founder and CEO.

But you can actually know who the boss of this company is by looking at the shareholding ratio.

The Lerner family's method is not clever, and the investors are not stupid.

This led to the failure of ykm’s second round of financing.

Let ykm and Ikana be in trouble now.

The media and the public are pursuing Ikana, who boasts about her youth, beauty, and successful business.

But in the eyes of a sensible person who has investigated all this.

Everyone knows that this is just a capital hype carried out by Ted Lerner, a guy who is super good at hype, using his daughter.

It's just that his daughter is indeed capable, and her appearance and figure are also outstanding.

The hype this time was relatively successful, and she became famous as the number one socialite in New York.

This fact makes other New York rich people quite envious.

Because their daughters or descendants,

Even if they wanted to fire it like this, they wouldn't be able to fire it successfully like Ikana.

To make iron, you still need to be strong, no matter how good the blacksmith is.

If the iron itself is a piece of waste, you won't be able to make good iron.

The situation of father and daughter Ikana and Ted.

It's just that the iron is a good material, but the blacksmith's skills and strength are not good enough.

Therefore, Ikana still deserves the two honors of "other people's child" and "New York's first socialite".

These are all since the last date.

Abel through David, and other channels.

The affairs of D. Ikana Lerner and D. Ted Lerner were found out.

these things,

In parallel time and space, he who is far away in heaven doesn't know.

Even local ordinary people and media, not many people know about it.

Abel also has a second-generation person with top connections like David around him, coupled with the particularity of his own industry.

Only then can we figure it out so clearly.

Otherwise, he would be an ordinary New York rich man.

It is impossible to know the details about her family and her.

"Since she hasn't asked me for help directly yet, it means that the matter has not yet reached an urgent stage."

"Then don't worry about it for now."

With this in mind, he took out a piece of paper from his pocket, handed it to the driver in front of him, Dirks, and said, "Go to this place."

The driver Dix took it and looked at it and found that it was in a neighborhood in the uptown area.

"Okay, boss." After agreeing, Dix drove away.

The convoy of three vehicles slowly drove into the streets of Manhattan.

Half an hour later, the vehicle arrived at its destination.

This is a 20-story apartment building in upper Manhattan.

This apartment is in a good location, with roads on both sides.

There is also a road across the north side, which is adjacent to the side of the Hudson River facing Queens.

Houses here are cheaper than those in Shangxi and Shangdong.

But if you can really buy a property here, even if it's just a small apartment.

Then this person can definitely be considered upper middle class in the United States.

After arriving at his destination, Abel did not get off the car immediately.
To be continued...