What's wrong with me being a rich man?

Chapter 162 A small gambling pleasure
Bi Sheng has been thinking about the company's financing recently.

To be more precise, he was trying to further clarify his own and the company's positioning.

How to position objectively?
Apart from the setbacks from friends and occasional self-frustration, investors who specifically look at projects are undoubtedly a better yardstick.

Compared with the rejection in Beijing, Bi Sheng was not too angry when he heard Liu Jiankai's brief conclusion. He was indeed not that good at e-commerce, but after all, he had achieved success and was willing to actively adjust himself.

Bi Sheng came from afar to treat Liu Jiankai and Yu Xing to dinner, and sincerely invited them to share their views on the vertical model.

Liu Jiankai was a little surprised: "Mr. Bi, why didn't you ask Mr. Yu when you were recording the show? That way, there would be more business sharing and discussion in the show."

Bi Sheng said frankly: "Yu Xing was born in the year of the dog, I don't want to look bad on the show."

Liu Jiankai understood this mentality instantly. Indeed, Mr. Yu’s behavior was not easy to predict...

Bi Sheng added: "However, I still think Yu Xing's words make sense. I have also compared the current vertical e-commerce websites and Vipshop. They are all developing very fast at this stage. It may take a few years to really determine which one is better. However, if LeTao.com follows its original plan of selling shoes, it will probably be the first to fail in the future."

Liu Jiankai turned his head and looked at Yu Xing who was calling to invite Hongyun BOSS Liu Wanying. After a few seconds of hesitation, he said, "We at Capital Today have done a lot of research on e-commerce. I also agree with Mr. Yu's view that the future of vertical e-commerce is not that clear."

But he added: "However, is it the segmented market that is better or the special sale model that can develop better, Mr. Bi... Well, this is just my personal opinion. I think Vancl's development is really good."

This is the market segment that tends to favor the former.

Yu Xing came over and just happened to hear the second half of the sentence. He smiled and said, "Really? Mr. Liu, have you really tried buying from Vancl? If you think so highly of Vancl, let's make a bet."

"I have nothing to gamble with, and I don't have the final say on Bai Xiaosheng's Series B financing valuation." Liu Jiankai showed no interest.

Yu Xing said with a smile: "If I win, then if Bai Xiaosheng does something similar to Zhen Gongfu again, you, Today's Capital, can't be angry."

Liu Jiankai's hand, which was about to take out a cigarette, suddenly froze and he stood there in a daze.

The next second, he walked up to Yu Xing excitedly: "Fuck, Mr. Yu, stop it, do you have any news in your hand now?"

Yu Xing spread his hands: "No, I just heard you say that the founder of Ganji.com is getting divorced. Now I feel that your vision at Capital Today is really problematic. Maybe it will appear on our Baixiaosheng website mechanism in the future."

Liu Jiankai looked at Dr. Yu suspiciously: "Mr. Yu, don't play dumb, I already know who you are!"

Yu Xing looked innocent and aggrieved as he shook his head.

Liu Jiankai nodded repeatedly: "Yes, yes, that's it, innocent face, aggrieved words, immoral things, you are like this!"

Yu Xing was at a loss whether to laugh or cry when listening to his description.

He turned around again and saw Bi Sheng nodding with agreement on his face.

"Forget it, let's not gamble. If you insist on thinking this way, I can't do anything about it." Yu Xing was helpless. "Bai Xiaosheng has already been questioned a lot, and he doesn't need the two of you. Let's go and have dinner. Liu Wanying will be here soon."

Liu Jiankai was unwilling to do so. He followed Yu Xing and thought about it for a while before asking, "How do you want to bet?"

"Vancl is actually developing very fast, otherwise Chen Nian wouldn't be so confident. However, there are problems with the most basic strategic model. No matter how fancy the process is, I think the final result will be the same." Yu Xing said as he walked, "Mr. Liu, what do you think?"

Liu Jiankai concentrated on thinking, trying to get some news for the company that he didn't know existed, and said slowly: "From the current situation, Vancl's fundamentals are very good, and its marketing and reputation are also good. I know the goal that Chen Nian shouted out in the program. He made 1 million in revenue last year, and said that this year there is hope to break through 10 billion, and next year it will be 20 billion."

"Mr. Yu, I can tell you with certainty that Vancl's revenue in the first half of the year has exceeded 4 million. Do you know what this means?"

Yu Xing glanced at Bi Sheng.

Bi Sheng understood the meaning of the song: "It means that the goal that Lao Chen shouted out can be achieved with confidence. The second half of this year has the revenue of the first half of the year as a foundation. If we continue to develop in this way, we really have the hope of breaking through 10 billion in revenue."

"An e-commerce company that has been established for just over two years can achieve annual revenue of 10 billion. Mr. Yu, do you think your observation is correct?" Liu Jiankai presented the facts.

Yu Xing nodded slightly: "There is hope, but the hope is small. Mr. Liu, since its establishment, Vancl's shirts have been learning from the PPG brand. But please answer me, in the domestic market in the next three years, can Vancl maintain high growth with its shirt category?"

“Even if Chen Nian can achieve his growth target of 10 billion this year and 20 billion next year, can he continue to double it to 40 billion the year after?”

"If he can't break through the ceiling with shirts, he will have to expand his product categories. Mr. Liu, do you think he will expand to 3C categories like JD.com or to super comprehensive categories like Taobao? Will the two companies just watch such a rival emerge?"

"Given the growth rate of Taobao and JD.com, how much pressure will this bring to Vancl next year and the year after?"

"The more beautiful the present is, the more cruel the future will be."

Liu Jiankai frowned and couldn't answer for a moment.

After a moment, he shook his head: "It is easy for a single product category to reach its ceiling, but as long as Vancl expands steadily and steadily and serves its users well, I think it still has a chance."

Yu Xing smiled and said, "I hope Mr. Chen is such a sober person."

Bi Sheng interrupted at this time and said, "Old Chen is a little proud. He and Lao Lei started Joyo.com together, which was considered a pioneer in domestic e-commerce. When they sold it to Amazon, everyone thought the price was good, but the e-commerce market exploded six months later. He was very depressed for those two years."

"I'm not familiar with Mr. Chen. I still think there aren't many solutions for this vertical e-commerce, and Vancl's thinking is not in the right direction." Yu Xing looked at Liu Jiankai, "What do you think, Mr. Liu, do you want to bet?"

Liu Jiankai said: "What if you lose? Will there be news about us?"

"Let's set the deadline as two years, no, two and a half years, which is exactly until the end of 2011. He said he would aim for 10 billion this year, but I don't know if he can achieve it. If the revenue in 2011 can maintain the current growth rate and reach 40 billion by then, I will lose, otherwise you lose." Yu Xing first explained the content of the bet, and then laughed, "If I win, then you can jump out of Capital Today and help me."

Liu Jiankai was about to nod before he finished listening, but frowned at the end: "That's not what you just said."

Yu Xing asked, "You are not the boss of Capital Today. If Bai Xiaosheng's mechanism really comes true again, can you guarantee that Mr. Xu will not be angry?"

Liu Jiankai: “…”

"Right, you can only be your own boss." Yu Xing said with a smile, "So, if I lose, what do you want?"

Liu Jiankai saw that the conversation was getting serious. He walked in silence for a while and shook his head, saying, "I can't think of what I want. You don't have anything good to ask of me. Even if I asked you to come to Capital Today, Mr. Xu couldn't let you in."

"That's possible." Yu Xing replied, and then he said thoughtfully, "Boss Liu, if I lose, I will tell you a big secret."

After hearing this, Liu Jiankai felt like he was being scratched by a cat. Knowing that he would not get an answer, he pressed on, "What big secret? How can I know if you are lying to me without even saying a word? Give me some clues, at least, what is it?"

Yu Xing smiled but said nothing, obviously not going to say much.

Liu Jiankai turned to seek pressure from his allies: "Boss Bi, don't you think so? If we really bet like this, I will suffer a lot!" Bi Sheng echoed: "Yes, yes, Yu Xing, you don't have much credibility, you have to reveal it!"

Yu Xing shrugged: "It's up to you to gamble or not. Besides, even if I win, Mr. Liu may not fulfill his promise, right? What credibility can we talk about?"

Liu Jiankai was silent. I am the vice president of Today Capital, how could I make such a joking bet with you?

If Mr. Xu knew about this, he would laugh at me to death!
My own values ​​don't allow me to do this!

He shook his head and thought, forget it, the man named Yu must be lying to him!
When Bi Sheng saw Liu Jiankai retreat, he immediately changed the direction of the pressure: "Boss Liu, you bet with him! He is the head of the news. In the past, he was the kind of person who sold intelligence in the underworld. Just think about it, he has hundreds of thousands of informants on his website, so he must have something big in his hands! He must have some explosive information about your Capital Today! You bet with him!"

Liu Jiankai calmed down and said with a smile: "If you want to gamble so much, just bet with him. If you win, he will invest money in you. If you lose, you will go to work for him."

Yu Xing and Bi Sheng shook their heads at the same time and said in unison: "That won't work."

Bi Sheng was stunned for a moment, then glared at him and said, "I work for you, and you still don't like me?!"

"A small temple cannot accommodate a big Buddha." Yu Xing said, "Liu Wanying is in charge of the investment. I can't make the decision."

Bi Sheng rolled his eyes in annoyance.

Soon, the three arrived at the place where they would have dinner tonight.

Bi Sheng took some time to invite his guests to dinner and chose a well-known private restaurant called Rongfu Banquet, which mainly serves Taizhou cuisine.

After ordering the dishes, Bi Sheng took out his phone again and said with a smile: "Do you want to invite a few celebrities to come sit with us?"

Yu Xing looked at Bi Sheng in confusion: "Have you also done business extension in this area?"

"You can sell variety show copyrights, but can't I make more friends?" Bi Sheng said a little boastfully, "I often hang out with Wang Shuo, Xu Jinglei and others. Two years ago, on my birthday, I booked a floor at Qiangui, and Daolang even flew over from his hometown. Once, I was photographed by paparazzi with Xu Jinglei, and there was a headline saying that she was secretly meeting with a man with glasses."

Yu Xing was indeed surprised and commented: "You can't judge a person by his appearance."

Bi Sheng just nodded, and suddenly felt something was wrong, and said angrily: "What do you mean!"

"No, no, I just feel that as the boss of LeTao.com, you can only show off with these things now." Yu Xing said to Liu Jiankai with emotion, "You are still in a state of decline."

Bi Sheng silently put down his phone: "You, Yu Xing, are really a dog that can't spit out ivory!"

But he just let it go.

At 7:30 in the evening, Liu Wanying pushed the door and walked into the box. She first greeted Liu Jiankai, whom she had met before, and then introduced herself in a slightly formal way: "Mr. Bi, I am Liu Wanying from Red Falcon. We talked about Letao on the phone."

Bi Sheng was a little surprised: "Hello, Mr. Liu, hello, Mr. Liu, I only heard Yu Xing say that you two are good friends, but I didn't hear him say that Mr. Liu is so good-looking."

Yu Xing laughed and said, "If you praise her, will she invest in LeTao.com?"

Bi Sheng didn't know how many times he had glared at Yu Xing today.

Liu Wanying sat down and said, "Is LeTao going to learn from Vipshop in all aspects?"

Bi Sheng said more seriously: "Yes, Vipshop has developed very well. Since Yu Xing's words make sense, I think it is right for LeTao to learn from Vipshop."

Liu Wanying said lightly, "Then you can't invest in Letao.com. I went to Yangcheng to investigate last month. Vipshop is not entirely correct. Baixiaosheng competed with Zhichang.com before. At that time, Mr. Yu said, 'Those who learn from me will live, and those who imitate me will die.' Later, it was proven that Zhichang.com in vertical niche fields could not catch up with Baixiaosheng at all. Letao.com wants to do the same now, and the result will probably be similar."

Bi Sheng said tactfully: "Mr. Liu, you are indeed friends with Yu Xing."

The way he speaks is not very nice.

Liu Wanying took the tea handed over by Boss Yu, took a sip and said, "Vipshop is now offering discounts on first-tier brands, and its development speed is not slow. Recently, when I have free time, I often look for some Vipshop users and found that they have a common feature."

Not only Bi Sheng, but also Liu Jiankai of Today Capital has become more serious.

"VIPSHOP's brand discount model is very good, but it currently only selects first-tier brands," Liu Wanying said. "Many users I asked generally want brand quality but are still price-sensitive."

Bi Sheng thought about what the investor he met for the first time wanted to express.

Liu Jiankai understood immediately and said, "You mean, even if first-tier brands are discounted, their prices are still high, and this price level limits their customer base?"

"Capital Today has done a lot of research on e-commerce." Liu Wanying smiled, "Yes, I think if Vipshop wants to develop further, its brand strategy must be adjusted. It needs to go deeper into the market and offer discounts to second- and third-tier brands. This will not only provide a lower limit for quality, but also more favorable prices. Mr. Liu, what do you think?"

Liu Jiankai agreed and also gave a piece of news about Vipshop: "So, if Hongshun is considering whether to invest in Letao.com, my advice is not to invest, because, Vipshop..."

Bi Sheng interrupted dissatisfiedly: "Hey, can you treat me as a human being?"

Liu Jiankai looked at Mr. Bi and finished his sentence: "Because Vipshop has already received $3000 million from two venture capitals, it will surely develop further and faster. I am not optimistic about the idea of ​​'LeTao in the north and Vipshop in the south'."

$3000 million? !

Bi Sheng slid his throat subconsciously, and instantly thought of how he had been rejected by venture capital many times...

He was destined to be in a state of dismay during this meal.

Liu Jiankai provided accurate information and did not think it was harmful, but rather a good thing.

He ate happily, and just before the meal was about to end, he asked the question he had been holding back for the entire meal: "Hey, Mr. Yu, do you really have any big secrets you can tell me?"

Yu Xing nodded seriously: "It's true."

Liu Jiankai questioned: "Why shouldn't I believe it?"

Yu Xing said seriously: "It's up to you."

Liu Jiankai stared into Dr. Yu's eyes, feeling anxious. After a while, he sighed, "God is my witness. Let's see how Vancl develops in two and a half years."

Yu Xing stretched out his hand: "A little gambling to cheer you up, it's a deal!"

(End of this chapter)