What's wrong with me being a rich man?

Chapter 163 The Future and Dark Clouds

Liu Wanying was quite curious about the bet between Boss Yu and Liu Jiankai.

After listening to the content, she felt that the analysis of Vancl was similar to her own research on Vipshop.

The two of them usually chat about business matters. Liu Wanying still remembers the sinking market that Boss Yu talked about. Today, she didn't talk much about it, but just expressed her agreement: "Vancl's future is indeed not easy, and there are pressures from several companies above."

Yu Xing was walking on the street with Xiao Ying at this time. He also didn't want to talk about these things. He just smiled and said: "I think Bi Sheng was really hit hard when he heard the news of Vipshop's financing from Liu Jiankai."

"3000 million US dollars. If Vipshop adjusts its brand strategy, its subsequent financing will be more supported." Liu Wanying made a small judgment and forced a change of subject. "Want to eat ice cream? Buy two."

Yu Xing nodded: "Okay, thank you."

Liu Wanying had no choice but to jog to buy ice cream.

Yu Xing didn't react until he got it: "Do you want me to buy it?"

Liu Wanying curled her lips and said, "No, I just like running around. It's so hot and there's wind when I run."

Yu Xing chuckled, the ice cream was especially sweet.

Liu Wanying ate half of her ice cream and asked casually, "I want to buy a car. What kind do you think is good?"

Yu Xing had already finished his ice cream in no time, and looked around for a trash can. Hearing this, he asked, "How much is the budget?"

"The budget is very tight. I don't know much about cars. If it were you, what car would you buy?" Liu Wanying changed the angle.

Yu Xing smiled and said, “I want to buy a Rolls-Royce Phantom!”

Liu Wanying blinked: "How much is this?"

"I saw it on the news on Sohu a few days ago. It said the price was around 8 or 9 million. But, it was a convertible," Yu Xing answered seriously.

Liu Wanying coughed and amended her statement: "It is still necessary to adjust the budget."

"I recommend it to you if you buy it, but I won't buy it if I buy it." Yu Xing thought for a moment and suggested, "Take some time to go shopping. As a Red Falcon boss, you still need to have some social attributes. Just look at the mainstream products of the three luxury brands and see which one you like. Hmm, I don't think you are suitable for driving an Audi. The current 7 Series is pretty good, but the current S series of Mercedes-Benz is based on the W221 chassis, which I heard is good."

Liu Wanying tried to suppress her somewhat happy mood and finally asked, "Really? It sounds like you have done some research. Which one is better looking, this S or the 7 Series? I still like the better looking one."

Yu Xing hesitated a little: "I think S is good, you can go and have a look. It depends on you whether you like this kind of thing."

Liu Wanying smiled and nodded: "Go and see it in a couple of days, and buy it when you have money."

"Then wait for the signal from Paulson and others to support us." Yu Xing knew the expected time for this rich man. Because of Tsai Ing-wen's choice of car, two candidates for the "Dialogue" column suddenly popped up in his mind. He smiled and said, "When I have time in the future, I will visit BYD's Wang Chuanfu. He said in an interview with the media two years ago that he would become the number one in China in 2015 and the number one in the world in 2025. I want to see how it has been in the past two years."

Liu Wanying frowned: "Why are you so arrogant? Are you going to visit or to look for information?"

She naturally thought of the development of Bai Xiaosheng during this period.

"A visit, a simple visit, just like the small column where we talked to Liu Qiangdong and Xu Xin." Yu Xing said seriously, "Oh yes, if I have the opportunity to go to the United States, there is an electric car guy there, and I would also like to hear his views on the development of the industry."

Liu Wanying easily identified the American that Boss Yu mentioned: "Is it the Tesla that makes sports cars? The Musk?"

Yu Xing looked at Xiaoying with surprise. Just as Wang Chuanfu would only be considered boasting when talking about the company's goals, Musk is not very famous now. In a few years, he will even be laughed at in person by the Lenovo president.

"Hey, is it surprising that I know some industry news?" Liu Wanying read Boss Yu's surprise and said unhappily, "Do you think I just sit there watching TV every day? I read a lot of information and industry news every day."

Yu Xing gave a thumbs up: "I thought you studied lipstick every day, otherwise, why do you always look so good?"

Liu Wanying said with some amusement: "That was researched in the past."

As soon as she finished saying this, a natural judgment suddenly appeared in her mind, and she asked, "Hmm? Are you optimistic about BYD and Tesla?"

“Yes.” Yu Xing added without hesitation, “It’s not that I am optimistic about it. Buffett also bought a lot of BYD shares last year. This industry has a promising future.”

Liu Wanying nodded and said, "Then I'll study it more when I have time."

Yu Xing said in a low voice: "Are you so obedient to advice?"

"I trust you." Liu Wanying added, "I am also curious about Buffett's decision this time. It doesn't seem to be consistent with his past logic."

Yu Xing pondered and said, "If we can make a lot of profit from Sino-Forest this time, we can really consider making more investments. This is a positive move."

Liu Wanying said with a smile: "People always have different standards. You showed strong aversion to the influence of Capital Today. You always talk about vertical e-commerce and want to exert strong influence on Bi Sheng's LeTao.com."

"This is called, human subjectivity exists objectively." Yu Xing pondered his thoughts for a while and said with emotion, "I don't really want to see Bi Sheng's success or failure, I just want to make this market more exciting."

Liu Wanying pointed out the implicit words below: "More exciting? No, more cruel."

Yu Xing shook his head, thinking that he was not that bad. Of course, he might not be that good either.

As for the cruelty of market competition...

In fact, compared with the entrepreneurial moment last year, Bi Sheng has deeply experienced its reality and cruelty in the past month.

3000 million US dollars...

Vipshop was actually only established last year. In fact, it was established three months later than Letao.com, in August.

In less than a year at most, Vipshop's development seems to be extremely amazing.

Bi Sheng changed his company three times and his mentality had always been relatively relaxed. However, after learning about his competitors' financing moves from Liu Jiankai, he really suffered from insomnia.

The special sale model is of course good, otherwise, I would not choose it this way.

But, Vipshop, why the hell are you so good?

Bi Sheng was in a daze and did not wake up until the next morning. Then he learned another piece of unfavorable news: a new company, Jushang.com, which also wanted to adopt the special sale model, had been established in Shanghai. Its boss had a similar background to Vipshop's founder. They had both been involved in international trade, especially clothing trade.

Are new players entering the special sale model market?

Bi Sheng suddenly felt that the situation was urgent, so after a quick wash he went straight to Bai Xiaosheng's headquarters.

As a result, he didn't say hello in advance and didn't meet anyone when he arrived at the company.

"The doctor has gone to discuss advertising." Kong Huilin knew that President Bi and President Yu had a good relationship, so she informed him of his whereabouts.

"When will he come back? I'll wait for him here." Bi Sheng didn't call to disturb him.

Kong Huilin estimated, "We have to finish lunch at least. Mr. Bi, please go downstairs and eat first. I'll call you when the doctor comes back."

Bi Sheng shook his head: "I just ate before I came here, I don't want to eat anymore, you guys go ahead."

Seeing that this person was not understanding, Kong Huilin had no choice but to smile and said, "Okay, Mr. Bi, then you go to the conference room first. Someone will come to clean the doctor's office later."

Bi Sheng suddenly realized that, uh, he was not allowed to stay in the president's office.

He glanced at Yu Xing's computer, guessing that it was full of Bai Xiaosheng's information, and quietly got up and went to the next room.

Bi Sheng waited for a long time before Yu Xing came.

"Why didn't Mr. Bi return to Beijing?" Yu Xing was a little puzzled. "Vipshop has raised funds, shouldn't you rush to get some as well? If others don't invest in you, how can Baidu not invest in you?"

Bi Sheng shook his head slightly: "I have left Baidu for several years and no one is willing to invest. I asked Robin directly for investment, but I couldn't bring myself to do it." Robin is the English name of Baidu's Robin Li.

"How can you have shame when starting a business?" Yu Xing said with a smile, "Get the money first, and then see how to do it. Go ask Chen Nian, go ask Lei Jun, why are you coming to me now?"

Bi Sheng reminded: "You are the independent director of LeTao.com."

Yu Xing really forgot about this.

He stopped his hand from taking the document and advised: "Boss Bi, I advise you to work hard to achieve some results first."

Bi Sheng asked: "Is this the truth?"

Yu Xing shook his head: "It's not the truth."

Bi Sheng: “…”

Yu Xing was surprised: "Why do you all like to ask me more questions now?"

Bi Sheng said sincerely: "Maybe I learned my lesson after suffering a loss."

He mentioned the industry news he noticed today, that Shanghai has added a new store called Jushang.com that does special sales, and it seems to be learning from Vipshop.

"It's a bit unexpected, but not too unexpected." Yu Xing thought for a moment, "I seem to have said before that since this direction is right, well, it makes sense not to say it, then naturally others will join the competition."

Bi Sheng also thought of what Yu Xing said in the morning, so he rushed over.

Dr. Yu’s words are being verified. Is this good news?

Bi Sheng said sincerely: "Mr. Yu, I reflected on myself all night yesterday. I admit that I don't understand e-commerce, but I admit it, but I don't think I will fail. This is arrogance."

"Hong Jian was right not to vote for me, and Chen Nian was also right when he said I was half a bottle of water."

"Yesterday, I listened to Mr. Liu talking about the choice of brand, and now I think it is right."

"Mr. Yu, please give me your honest opinion. Is there still room for LeTao.com?"

Yu Xing looked at Bi Sheng in surprise: "In fact, Hongshun really wanted to invest in Letao.com."

Bi Sheng reflected: "We didn't do very well."

"Yes." Yu Xing was puzzled. "I didn't expect that you, a general assistant of Baidu, would go to the IPO and ring the bell. You are financially free, but how could you do things like this?"

He still felt a little amused when he said this: "It's not that I don't dare to express my judgment, I'm just afraid that you are too aggressive. You suddenly changed the company model after listening to my words. If you suddenly listen to my judgment and make decisions again, and the company goes bankrupt in the future, won't you drive your car to hit me?"

Bi Sheng raised his right hand: "I definitely won't bump into you!"

"The trouble with people is that they love to teach others." Yu Xing reflected, stood up and paced, "Mr. Bi, I think the future window of LeTao.com is gradually shrinking. Unless you make a decisive move now to get money into the company and immediately turn to second-tier and third-tier brands, maybe you can still compete with Vipshop."

Bi Sheng stood up at once: "Okay! I will put all my wealth into it now!"

Yu Xing was startled: "Hey, don't, don't..."

Bi Sheng sat down again: "Hey, just kidding."

"People like you who sell toys, shoes, and clothes... are capable of doing such things." Yu Xing shook his head.

"For reference, I am for reference." Bi Sheng emphasized, "My brain can think for itself."

Yu Xing took two steps and suddenly asked, "Jingdong has a store anniversary event on June 18th. Did you know that?"

Bi Sheng nodded: "I know there is such a thing."

"JD.com has been holding the 618 store anniversary event for several years, but this year its June sales were close to its annual revenue," Yu Xing asked again, "Did you know?"

Bi Sheng shook his head.

Yu Xing added: "I have news that Taobao will also hold a promotion in the second half of the year. Do you know what this means?"

Bi Sheng hesitated for two seconds: "Is their development speed accelerating?"

"Yes, it is accelerating. Taobao and JD.com are like snowballs that have found a long, wet slope, growing faster and faster and bigger." Yu Xing talked about the industry situation. "During this period, we talked about Vipshop, Lefeng.com, Vancl, and your LeTao.com. We talked about the different models and situations of these vertical e-commerce companies, but there is an implicit background for all of them."

"Our destiny is not really in our own hands."

"The e-commerce market is gradually becoming a bit like a battle royale. If you are slow, you will die. If you go in the wrong direction, you will also die."

"There are dark clouds hanging over the heads of vertical e-commerce."

"Taobao is the largest one, JD.com is the fastest growing one, and the other is Penguin, the largest traffic giant in China. Penguin was not successful in Paipai.com in the past, but it will not give up on e-commerce. At least it will exert influence. Its traffic can bring impact."

"So Liu Jiankai and I made a bet that by 2011, there would be fundamental changes in Vancl."

"If you don't burn your boats and fight your way out at this time, Bi Sheng, I advise you, I sincerely advise you, to stop, take advantage of your financial freedom, enjoy your life, go out to eat with celebrities, sing songs, isn't that relaxing?"

Yu Xing turned around and looked at Bi Sheng.

Bi Sheng frowned and said, "I have lived that kind of life for several years since I left Baidu. If I continue like this, my life will have no passion at all."

"Yes, there is passion in starting a business, and there is even more passion when the business fails. When you have no money, you have to slap yourself in the face." Yu Xing sat down and said with a smile.

"Mr. Yu, what you say always makes sense." Bi Sheng thought for a while and said this.

Yu Xing said frankly: "I am looking back from the end, it is not worth mentioning."

Bi Sheng thought this was a kind of self-praise, and after thinking for a while, he suddenly asked: "You mentioned Alibaba and Penguin just now, what about Baidu?"

Yu Xing shook his head: "I don't understand it, so I won't comment on it."

Bi Sheng frowned, feeling that he was taking his own feelings into consideration, but Yu Xing didn't seem like someone who would consider other people's feelings.

Not commenting, but it seems like commenting.

"The fact that Vipshop has received financing has really shocked me. Director Xu and I will take a leave next weekend, and I will also visit brands with different positioning and take a look at Vipshop and our users." Bi Sheng has made a decision, "I will weigh the pros and cons."

Yu Xing said with some concern: "Research and thinking are fine, but don't be so reckless as to invest all your wealth in it."

Bi Sheng shook his head: "Don't worry, it won't happen."

He stood up and said seriously, "I'll go and calm down first."

Yu Xing reiterated: "Don't spend all your money just because others don't invest."

"What are you thinking about?" Bi Sheng sneered, "Do you really think you see through me? Let's go. I won't go back to Beijing. I'll go to Guangzhou first."

He said goodbye and left, standing in the descending elevator thoughtfully. Yu Xing was really good at judging people.

However, I don’t just have wealth, I can also leverage.

(End of this chapter)