What's wrong with me being a rich man?

Chapter 119 Start of Construction

Bai Xiaosheng’s company’s Spring Festival holiday is 11 days, which is 4 days longer than the statutory holiday.

When Yu Xing made the decision on this matter, he only used one reason - I myself want to stay at home for a few more days, so just do it my way.

So, this matter was settled. At the same time, everyone also felt that the period around the Spring Festival would be the traffic low point for the workplace platform, so they could indeed relax for a few more days.

But on January 1, the last day of the holiday, many users returned to work, and the Bai Xiaosheng website was unexpectedly lively. Lu Haiying, Zhong Zhiling, Song Yufeng, and Kong Huilin all planned to return to work early.

Plus……

Some employees reported that some of the urging came from family members.

"Your company works so late, are you planning to run away?"

"Is it going to close down before the end of the year? If you go too late, will the desks be taken away by other colleagues first?"

"Your company has received a lawyer's letter and suffered a broken bone. It doesn't look like a legitimate company!"

"Hey, I heard you say that your company is going to give out stock options? Everyone else has gone first, will it reduce your points if you don't go?"

For these reasons, Yu Xing welcomed a 2-member employee condolence team on February 1.

Normally, Yu Guosheng and Chu Qiying's home could not accommodate so many people. There were not even enough benches. The living room was packed with people sitting or standing. Some were putting down gifts, some were wishing a happy new year, some were vying to get the old couple to pour tea, and some were expressing their confidence in the new year in front of Yu Xing.

"Okay, okay, be quiet for a moment, be quiet for a moment, my goodness, I suddenly feel like I'm in a meeting at the company, but you guys weren't so noisy during meetings." Yu Xing had been staying at home quietly these days, and suddenly he felt the voice drilling into his brain.

The living room quickly became quiet.

"Thank you all for stopping by. I have good news to announce—"

"The company has not closed down and is still operating normally!"

Yu Xing gave the notice in a serious manner.

Everyone burst into laughter. We all have a QQ work group where we can see the news shared by colleagues in the past few days.

Yu Xing said enthusiastically: "The second news is that the company's Series A funding will arrive on the 10th of this month. That is, after a period of thinking during the Spring Festival holiday, the investment institution in Series A has not given up on us and will still fulfill its contract!"

Everyone applauded. The A round was done, so how far could the B round be?
Yu Xing waited until the applause ended, and then said loudly: "Third, the original intention of our Bai Xiaosheng company has not changed, that is, everyone must make money, make money, make money!!"

There was even more enthusiastic applause in the living room.

Yu Xing waved his hands repeatedly to quiet everyone down again, and then said, "Let's go, it's too crowded here, let's go to the restaurant first. Zhiling, you take everyone to the Jinniushan Hotel to order food. My dear father and mother will pay for today's meal!"

There was another lively New Year's greeting in the living room, and then Zhong Zhiling led everyone to the restaurant.

"Let's go, change your clothes, and I'll pay." Yu Xing winked at the old couple.

"You are Mr. Yu..." Chu Qiying saw his son's "entrepreneurial spirit" for the first time, "I see you lying on the sofa half-dead every day..."

Yu Xing couldn't help laughing: "I wasn't half dead, I was thinking about life!"

Chu Qiying was still surprised: "There are so many people in your company, are you usually...usually like this?"

She always feels like a big kid.

"That's not a lot. The Guiai website I founded at school last year had hundreds of people working non-stop all summer, and our clothes were soaked with sweat every day." Yu Xing laughed, "That's a small number of people, but we are now a completely Internet company, operating with light assets."

Chu Qiying often talked to his son last year, but he never mentioned this, and now he feels sad.

Yu Guosheng, however, gave him an approving look: "You have endured a lot of hardships..."

Yu Xing interrupted, "Then there will be endless suffering. Change your clothes. I still have to take them to see the grapes."

Yu Guosheng rolled his eyes. What’s so good about broken grapes?

A lunch at Jinniushan Hotel doesn’t cost much. After all, this is just a county town.

However, the elderly couple Yu Guosheng and Chu Qiying experienced the youthful atmosphere of a startup company. The young people at the table had different personalities. Some were talkative, some were quite quiet, some talked a lot about blind dates during the New Year, and some mentioned the current topic of the website.

Chu Qiying felt this light-hearted mood and couldn't help but say, "If you meet a suitable girl, can you introduce her to Yu Xing?"

Yu Xing said seriously, "We don't usually meet with clients or users. We only meet with people in our own company. However, our company strictly prohibits office romances. How do you want them to introduce each other?"

Before Chu Qiying could say anything, he heard the group of young people burst into laughter.

She was quite confused and could only laugh and ask, "What's going on? What are you laughing at? What are you laughing at?"

"Auntie, they are a couple, they are also a couple, and these two are about to become a couple." Tong Xingjian, who once had the identity of an "informant" of Zhenai.com, smiled and clarified the situation.

This is not prohibiting office romance, it's almost encouraging office romance...

Chu Qiying glared at his son. What he said was just nonsense!

Yu Xing said bluntly: "Don't worry about me, our first goal now is..."

He raised his hand, wanting to see if everyone was in sync.

Sure enough, everyone still had a tacit understanding or remembered what they had heard at home before, and said in unison: "Make money, make money, make money!!"

A waiter passing by outside the private room heard the noise and suspected that this group of customers were involved in pyramid schemes!
Yu Xing gave a thumbs up, which caused everyone to laugh again.

Chu Qiying looked at her husband. Well, it’s hard to understand the mental state of today’s young people, but... they are indeed very high-spirited. Maybe, maybe, it’s something that even if you don’t understand it, you can respect it.

The group of people had lunch in a lively atmosphere, and then hurried to see the new grapes planted by the boss.

There is actually nothing good about grapes, but Yu Xing explained in detail some useless knowledge about growing grapes.

"We introduced seedlings, not seeds, because using seeds for reproduction will lead to genetic recombination, which may result in offspring that are different from the parents, which is not conducive to maintaining the characteristics of the new variety."

"Well, you see, the joint of the graft is a little rotten. This may be due to too high humidity, or the joint is not completely sealed, and there is a bacterial infection. It needs to be redone."

But this is indeed a far cry from the Internet.

Yu Xing saw that everyone was not interested, so he just chatted casually and quickly ended the conversation.

Lu Haiying asked more: "Brother, do you still want to be a grape king?"

"It's not a bad idea when I have money." Yu Xing replied with a smile.

As long as you have money, you can do anything.

Lu Haiying understood that the grape king was still far away.

I counted on my fingers, although the company is improving, when will I be able to make money?

The group of 12 people from Bai Xiaosheng did not have dinner and went directly to Shanghai by bus.

Yu Xing wanted to keep them and let them go tomorrow, but the young people were full of energy, and there was really nothing fun here, so most of them wanted to go back to Shanghai to pack up and sort out their emotions for the new year. With their coming and going, Yu Xing's schedule became clear, and he returned to the company on the morning of February 2, also a day earlier.

Chu Qiying felt a little reluctant after hearing her son's arrangements, but soon began to nag him about eating on time and putting on more clothes when it was cold.

On the morning of the 3rd, Yu Guosheng, who had not shown any concern for his son in the past two days, could not help but tell his son: "Xingxing, run your company and career well, and never break the law."

Yu Xing smiled and said, “If you have to choose, do you want to not break the law or do not make mistakes?”

When Yu Guosheng heard this answer, he looked at his son intently. After a long while, a gleam of light seemed to flash in his eyes, and he sighed faintly, "Don't make mistakes."

"Look at your expression. I'm just teasing you." Yu Xing said with a smile, "Our company is to promote social progress and legal progress."

Yu Guosheng just nodded and didn't say anything more.

The son is not one's appendage, he has already grown up.

Yu Xing simply carried a bag when he came, and he did the same when he left. He waved goodbye to his parents, and as he sat in the car, he always felt that he had forgotten something.

When they arrived in Shencheng, Yu Xing suddenly received a call from his cousin and remembered that he had forgotten about him.

"Brother... do you want me to grow grapes at home?" Chu Zhiguang felt a little aggrieved. He had been to Japan and brought back many different varieties of grapes. He said he would take me to Shanghai during the New Year, but he left again in the blink of an eye.

"You are here to meet the investor on short notice. You can just take a car and come here. It's not far." Yu Xing said, "Come on. I don't have a car. Come and be my assistant first."

Chu Zhiguang was also willing to go to Shanghai as a temporary assistant. He hung up the phone, picked out some clothes, said hello to his parents excitedly, and then went straight to the station, determined to hang out with his brother.

Yu Xing still needs to refine the "Dialogue" column that he plans to add to the website, but he really needs someone more trustworthy to help.

He concentrated on thinking for a while and was about to call Xiaoying, but he saw the number of "teacher" light up on the phone screen.

what……

Yu Xing was very surprised and pressed the answer button.

"Hello..." Liu Jingrong's voice was a little low.

"Hello, teacher, Happy New Year." Yu Xing greeted.

Liu Jingrong said half helplessly and half complainingly: "Don't call me teacher. I am not your teacher anymore."

Yu Xing said without hesitation: "Okay, Lao Liu."

Liu Jingrong: “…”

Why does it feel even more awkward? !
He took a breath and said in a stern tone: "Liu Wanying is going to work in Shencheng. I asked her what kind of investment company she wants to set up, and it is related to your company. Yu Xing, I tell you, don't mess around."

Yu Xing said: "Lao Liu, I am serious, but we also let things take their own course, whether in career or life."

Liu Jingrong hung up the phone. He was still not used to this level-headed conversation angle.

Yu Xing thought about it and did not call. Instead, he sent a text message to Xiaoying, asking her if she needed help renting a house.

Liu Wanying replied quickly: It has been rented, you don’t have to worry about this, just finalize the investment in Bai Xiaosheng first.

Yu Xing planned to wait and talk to Xiaoying face to face.

However, before he could think about it any further, today seemed like a resumption of work after the holidays, and another unexpected call came in, from Xu Xin of Today Capital.

"Hey, Mr. Xu, Happy New Year." Yu Xing's tone was very enthusiastic.

"Let's discuss Bai Xiaosheng's financing again." Xu Xin was straightforward and simple.

Yu Xing said with some embarrassment: "Mr. Xu, our Series A financing has been finalized. This, wait..."

Xu Xin interrupted in surprise, "Decided? So quickly? Who did you negotiate with?"

Yu Xing did not hide it: "Red Falcon Capital, a new institution."

Xu Xin had indeed never heard of the name of this venture capital firm.

She had previously told her husband that Today Capital could wait for the B round, but she never expected that it might actually reach the B round now. The changes around the Spring Festival were really fast.

Xu Xin was silent for a while, then asked, "Can you tell me how much it invested and how much you estimated?"

"That's convenient, Mr. Xu. Hongshun invested $100 million and holds a 10% stake." Yu Xing added, "It's a pure financial investment and will not involve Bai Xiaosheng's company operations."

Xu Xin listened to the investment and valuation and expressed his opinion: "You have received less money now. In fact, the amount of money you will get in the B round of financing will also be less. Bai Xiaosheng could only use the money from institutions in the early stage, so the valuation increase of your B round of financing will be relatively reduced."

The scale of a company developed with $100 million and $250 million will be different, so the valuation will naturally be different.

"Mr. Xu, I don't want to focus on dealing with investors." Yu Xing said with a smile, "I will take 100 million now, and when I spend it, more investors will come to me instead of me going to them."

He continued, “Perhaps the assessment given to Bai Xiaosheng by Capital Today is correct, but I believe that with more investors, Bai Xiaosheng can get a more accurate assessment.”

Can all venture capital firms reach a tacit understanding with Today Capital like Sequoia Capital has?
Yu Xing finally said: "What's more, we also have bank executives introduced by President Xu. The loan money is also money and can be used in the same way."

Seeing how straightforward he was, Xu Xin let out a sigh and regretted giving this grandson the director's contact information.

But she quickly put away her emotions and said, "The development of a workplace social and topic platform in China is still a very curious future. Mr. Yu, if there is a chance, let's cooperate next time."

“Mr. Xu, you are the most professional investor I have ever met!” Yu Xing did not hesitate to praise him. “Although I have not met many of them, you have satisfied all my fantasies about professional investors! If you don’t mind, Bai Xiaosheng will first consider Capital Today for its Series B financing!”

Xu Xin didn't want to hit a smiling person, so she said something pleasant before hanging up the phone: "Really? I hope we can meet and talk again next time."

Yu Xing remained enthusiastic: "Yes, yes. Okay, since Mr. Xu wants to meet and talk, let's make an appointment. Bai Xiaosheng has just launched a new column called 'Dialogue', which is designed to bring the thoughts of successful business people to our users. Mr. Xu, whenever you are free, I'll be available anytime."

Xu Xin: “…”

How could something new come up while we're talking?

Does the person on the other end of the phone really not know what a polite conversation is or what thick-skinnedness is?

She declined, "What do you want to talk about? I'm busy lately."

Yu Xing thought for a moment and said, "Boss Xu, we can talk whenever you are not busy. It is fine now. We can talk about it. Why did you miss the A round of Bai Xiaosheng? Are you unwilling to increase the valuation?"

“Yu Xing!!”

Xu Xin's voice was still ringing in my ears, but the call was disconnected.

Yu Xing put down his phone, thought about it carefully, and thought that this was actually a good topic for the first conversation.

Everyone talked calmly and without emotion about their agreements and differences, reviewing the past and actively preparing for the next round.

(End of this chapter)