What's wrong with me being a rich man?

Chapter 147: Brushing Face
Bi Sheng implemented new policies in the company and moved quickly and vigorously.

Just as he told investors, LeTao.com is currently only conducting internal testing of shoes. Now is the time when the loss is the smallest and it is easiest to make the switch. Even the supply chain work that was originally planned can continue.

However, the content of the cooperation negotiations with the shoe brand has changed.

Before, it was, “Boss, we help you sell shoes, and you give us a share of the money.”

Now it’s, “Boss, you still have some leftover shoes, we’ll help you deal with them.”

Although the work content seemed to become a bit awkward, the contact in just two days was unexpectedly smooth.

In addition to communicating with colleagues, Bi Sheng is most concerned about the situation on the front line, and is very encouraged by it.

On the third day, he called Yu Xing in Shencheng again, on the one hand to discuss the transformation situation, and on the other hand to invite him to serve as an independent director.

Bi Sheng is very direct when it comes to making friends.

As one of the top ten core employees of Baidu, it is relatively easy for him to make friends in the business circle. No matter how good your grades are, can they be better than Robin Li?
Therefore, he did not care much about status and liked to look at principles and technical performance. However, when starting a vertical e-commerce business, the technology he was good at in the past was not very useful, so he had been listening to the correct principles.

If you are right, you are awesome.

"Mr. Yu, I called Director Xu and planned to go to record "If You Are the One" again. He agreed." Bi Sheng came up and started by talking about how they met.

Yu Xing was a little surprised: "You still have the mood to record the show? I thought you would be very busy."

"Even if you are busy, you still need to have a personal life. I heard from Director Xu that he is considering recording one day a week and then dividing it into two episodes, so that everyone can save time." Bi Sheng smiled and said, "Just treat it as overtime work during the weekend rest time."

Yu Xing thought for a moment and said, "Then your identity in the third phase will be different from the previous ones."

"It doesn't matter. Small companies are prone to turning around. This is also a way to show the audience and contestants the real entrepreneurial situation." Bi Sheng said indifferently, "It would be fine if we can continue to promote it like this. As long as everyone pays attention, the advertising effect will come out."

He also knew why he was recording the show.

Yu Xing said sincerely: "Mr. Bi, I really admire your execution ability."

Bi Sheng laughed: "You must think I was careless. I talked about this with my investors and we had a fight."

Yu Xing asked: "Is that Mr. Lei? He called me this morning and listened to my thoughts on vertical e-commerce."

Bi Sheng was a little surprised, but not that surprised: "It was him, he called you? Well, that's something he could do."

Yu Xing was a little puzzled: "Did you have a fight? I think Mr. Lei is quite gentle."

Bi Sheng thought for a moment and replied, "He is quite gentle, but a little sensitive. Oh, when you have money, you can also quarrel with him."

He added: "It wasn't really a quarrel, just some arguments. He was optimistic about selling shoes online, and we both insisted on our own opinions, so naturally there were some clashes."

Yu Xing thought for a moment and took a sip of tea: "Boss Bi's strategy is right, he has the execution ability, and he has investors. This means we are not far from success."

"Haha, I hope so." Bi Sheng said, "The model is actually not difficult to understand. It took me a while to make up my mind to do it. Now we just need to see how to combine the model with the domestic Internet. This process is very important."

Yu Xing praised: "Mr. Bi, your words are pertinent."

"Oh, I'm not being polite to you, Mr. Yu. I'm calling you today to invite you to LeTao.com," said Bi Sheng.

Yu Xing still declined: "Come to think of it, Mr. Liu from JD.com also invited me. It's strange that my projects last year and now have nothing to do with e-commerce, but you are willing to listen to my theoretical talk."

"You talk about military affairs, and I make the moves. Isn't that perfect?" Bi Sheng said with a smile, "I'm not asking you to come here for real this time. You can just be an independent director here. We can get together and have some exchanges when we have nothing to do."

Yu Xing still declined: "Since we can communicate, why bother to put my name on it? It's meaningless. Anyway, Mr. Bi, since you are coming to Shanghai to record the show, I will treat you to a meal, and you can also help me check and fill in the gaps on my website."

Bi Sheng thought of what Yu Xing was doing and said helplessly, "Can I help you figure out how to make the crawler better?"

Yu Xing smiled and said, "If you are willing to read this, that would be even better. Oh, by the way, Mr. Bi, I have a friend who is doing investment. We can talk about it when LeTao.com needs financing in the future."

Bi Sheng asked bluntly: "Does your friend have any resources?"

Yu Xing pondered.

Bi Sheng spoke directly: "I have confidence in this model. The initial tail goods information I got from the shoe brands is also good feedback. As long as I run around a little, I have no shortage of institutions that can negotiate money."

His identity as his former employer can bring him a lot of resources, and he is an elite entrepreneur that venture capitalists like.

"Oh, I really envy you guys." Yu Xing couldn't help but say, "I have a hard time finding money."

"The niche market you are working in is very special. If the strategy is right and the execution is roughly good, there will always be money. The setbacks in the early stages are just acceptable." This is how Bi Sheng sees the problem.

Yu Xing thought for a moment and asked, "Is strategic vision considered a resource?"

Bi Sheng smiled and said, "If you are like this, then forget it."

Yu Xing said, "Boss Bi, you really compliment me. Since Boss Bi thinks highly of me, how can I refuse? One can learn from others' experience. If LeTao.com is indeed suitable, then I will try to be an independent director."

Bi Sheng immediately said: "Mr. Yu is so respectful, so the financing will be easy to talk about. Everyone's money is money, right?"

Yu Xing chatted with Bi Sheng for a while before ending the call.

He then informed Liu Wanying of Red Falcon Capital of the news.

"Xiaoying, let's see if I care about our business. I'm just trying to get Red Falcon to line up in a goodwill gesture."

Liu Wanying commented: "I don't know whether you care about it or not, but I know that Bi Sheng really cares about you."

Yu Xing thought about it and felt that it was true...

All he could say was, “That’s probably how fascinating good strategy is.”

Since they were on the phone, Yu Xing asked about the latest data: "Have you looked at the Lincang local data in the email? Does it match what you asked?"

Sino-Forest has a large number of standing timber in Lincang, and Liu Wanying had previously used logistics and transportation as a starting point for her research and called local timber dealers to inquire about their transportation situations.

"It's basically the same, except that the data reported to me at the beginning has a little more overload." Liu Wanying perked up, "The data reported by your cousin shows that those are special timber transport trucks. There is an interesting detail. He went to the forest to see it in person. It took more than four hours to load 86 tons of eucalyptus into three trucks. They were 3 cubic meters, averaging 3 tons."

She continued, “No matter how you look at this data, Sino-Forest’s local business is seriously falsified. There is no way to justify it. Also, I just called the Lincang local forestry bureau yesterday in the name of investment. The logging limit there this year is 376000 cubic meters, and this standard will be the same for the next few years.”

"According to data disclosed by Sino-Forest, the local logging quota needs to be increased by more than five times to meet its hardwood sales."

"It doesn't match. None of the data match. It can't refute this kind of indicator."

“So, this is just a Ponzi scheme with a lot of holes.”

Liu Wanying gave a decisive conclusion.

Yu Xing smiled and said, “Then we can use Jiahan’s money to invest in Letao, if the subsequent feedback from Letao is good.”

Liu Wanying said, "I plan to start writing a research report soon, one paragraph a week, and take a look at the specific development model of vertical e-commerce. Boss Yu has your respect, so I can't be ignorant of everything." Yu Xing laughed, "I really look like an investor now. This is another step in my career."

Leaving a consulting firm and switching to an investment institution is indeed a career transition.

Well, crossing the mountain...it’s a part-time job, a part-time job for two people.

Yu Xing asked again: "Are you still going to Lincang? I'm still waiting for my honeymoon."

"I see your cousin has done a very careful verification, and he also has photos and text records of the conversation." Liu Wanying thought, "Such credibility has convinced me, and I think it will also convince the secondary market."

Yu Xing understood: "Okay, I'll let him look at the logistics situation in different places so that he won't immediately associate it with Sino-Forest."

The company Chu Zhiguang went to verify had no obvious connection with Sino-Forest. Lincang also had businesses with other companies. In addition, he had to travel between different cities, and he might not pay attention to the distant short-selling issues, so it was a relatively independent investigation.

Liu Wanying asked, "Are you going to let him do some of the work of crossing the mountain?"

"It's okay to do independent research in this way. Let's see how he performs. I tend to keep it this way." Yu Xing said seriously.

Liu Wanying did not comment. In fact, someone still needed to carry out the research across the mountain, but everything had to be done with caution.

After Yu Xing ended the call, he immediately went to see the internal incubation situation of the company named "Price Comparison Network".

Originally, he wanted to call it "Compare Prices", but the votes showed that "Compare Prices Network" was more formal, so he used this straightforward enough name.

The price comparison website has not established a subsidiary. It is now an internal function that Bai Xiaosheng is trying out. It is not technically uncommon. It is just like what Bi Sheng said, using a crawler to crawl prices from different e-commerce websites.

Yu Xing specifically asked the company's legal officer Ye Jiarui about this matter: "Is this legal?"

Ye Jiarui’s answer was: “No.”

Yu Xing asked again: "Is it illegal?"

Ye Jiarui still gave the same answer: "No."

Yu Xing did not ask any further questions, but received active suggestions from Ye Jiarui.

"Boss Yu, this can be done." Ye Jiarui said, "Since there are no specific regulations, there is room for legal disputes. Moreover, there is often a period of time between the formation of such laws and reality."

Yu Xing nodded and instructed: "Look through the relevant legal provisions again."

Ye Jiarui said confidently: "Boss Yu, I've already turned over the evidence, I won't be sentenced to many years!"

Yu Xing: “…”

He was a little skeptical about Lu Haiying's previous recruitment criteria. Could it be "courageous"?
In any case, the "Price Comparison Network" is already in internal testing and a link was posted on Bai Xiaosheng on June 6. In addition to the product prices from e-commerce companies, the independent website also has some electrical appliance price comparisons from Suning, Gome offline chains and JD.com.

Bai Xiaosheng is a vertical workplace platform. Yu Xing does not intend to use such functions to promote the transformation of the website. If Bai Xiaosheng wants to succeed, it needs to have high-quality functions rather than many functions. It would be good enough if it can do a good job in recruitment.

However, he did not promote this, and Bai Xiaosheng did not promote this either, but the quiet launch of "Price Comparison Network" inadvertently attracted the attention of Liu Qiangdong.

Liu Qiangdong accidentally saw the "friendly link" below when he was browsing Bai Xiaosheng. He understood what it meant at a glance and clicked on it to take a look with great interest.

Upon closer inspection, I saw that there were JD.com's product prices, and they were lower than similar prices at Gome and Suning.

When Liu Qiangdong saw this, he was not happy. Instead, he quickly called Xu Xin and asked her to exert her influence to have Bai Xiaosheng's function taken offline.

In his opinion, Xu Xin is an investor, Bai Xiaosheng is a small website, and Yu Xing just graduated from school last year, so this kind of pressure should not be a problem.

"Isn't the price shown here on JD.com lower?" Xu Xin seemed a little surprised after hearing the request.

"It's low, but I'm worried about the impact. JD.com is not ready to go to war with Gome and Suning." Liu Qiangdong was quite serious. "The strategic timing is not right."

Xu Xin understood what Liu Qiangdong meant. Although she didn't think that the "price comparison website" would have such a big impact, it was necessary to avoid risks.

only……

The man surnamed Yu doesn't seem to be that easy to talk to...

Xu Xin said tactfully: "Then I'll try and talk to him about this."

When she put down her phone, she felt a little embarrassed.

Yu Xing had previously strongly objected to interference from investors, which was once an important reason why the two sides were unable to reach an agreement.

Xu Xin considered it carefully, and thought optimistically that Bai Xiaosheng and Yu Xing had actually made adjustments since the purple clay pot, so maybe it wasn’t that difficult to talk to them.

She called Yu Xing and asked about the "price comparison website".

"Oh, we're not that busy with our website work normally, so this is just our attempt." Yu Xing introduced the situation, "It won't affect Bai Xiaosheng's business, we've created a new website."

Xu Xin asked again: "I took a look, why are there prices for appliances from Suning and Gome?"

"It's filled out manually. I asked my colleagues to write it down when they browsed on the weekend. It's not very complete, but their own website is also very simple." Yu Xing smiled, "It's just a reference. The offline models of this kind of electrical products don't change frequently, but there are some promotions and the like."

Xu Xin was silent for a few seconds and made a request: "JD.com does not want to be involved in this kind of comparison. You are also very familiar with Mr. Liu, and you are his non-staff brother. This function is actually not very related to Bai Xiaosheng..."

He was interrupted before he finished speaking.

Yu Xing said, "Who is his brother?"

Then, the second sentence: "Take your money back!"

I go to a 'price comparison website' and you're like this. What will you be like then when I have sex with a real man?
Xu Xin stroked his forehead, not too surprised to be interrupted.

Tsk, too optimistic, this doesn’t make sense, he hasn’t changed, he hasn’t changed!

She didn't speak immediately. After a moment of silence, she asked, "What if JD pays?"

"We don't accept investment from big companies." Yu Xing emphasized his position and asked, "But if there are companies interested in our incubation project, we can sell it. Ask Brother Liu how much he can offer."

Xu Xin sighed: "How come this is like blackmail? I can't give you much. Otherwise, you can wait a little longer to promote this function. Just give me some face."

Yu Xing laughed and said, “Beep, beep…beep!”

Xu Xin: “???”

Yu Xing said regretfully: "Mr. Xu, the face recognition failed."

Xu Xin felt as if his temples were throbbing. He had changed! He had changed! He had become even worse!

(End of this chapter)