What's wrong with me being a rich man?

Chapter 204 Jianghu Killing Order (4k)

There was a problem with Letao.com.

This surprised Yu Xing a little.

He had discussed many vertical e-commerce models and developments with Bi Sheng before. Although LeTao.com was not quite what he had imagined in practice, it stood to reason that the general direction was correct and problems would not arise so quickly.

What's more, Yu Xing knew clearly that Bi Sheng had invested most of his wealth and US$800 million, so it was impossible for him to encounter financial difficulties before the end of this year.

Yu Xing heard Bi Sheng's tone, this humble approach to seeking financing... and felt that the situation was not small.

He told Xiaoying about this and his decision to decline the offer.

"You are so heartless that you didn't even listen to the end of a phone call." Liu Wanying couldn't help but sigh, half because of this cold attitude and half because of the problems that LeTao.com might encounter. "No matter what the strategy is, it still needs people to execute it."

She was not too surprised, because starting a business is a life-threatening thing.

Although Bi Sheng is an executive who left Baidu, let's not talk about the distant past. The workplace network that announced at the beginning of this year that it had received investment from Sequoia and was in direct competition with Bai Xiaosheng is now completely dead. The founder Lin Tinghan had an impressive resume in companies such as Sina, Motorola, and Apple, but ended up in such a complete failure.

"Well, maybe the people who know me are a little familiar with my style. I rejected him straightforwardly, so he didn't bother me." Yu Xing said calmly, "I think this is a good way to save me from being a pushover, asking questions here and there, and it saves everyone trouble."

Because past events had already proved Yu Xing's "difficult to deal with" nature, Bi Sheng opened his mouth and then closed it again. Similarly, the sale of the price comparison website only caused Liu Jiankai to complain a few words.

Liu Wanying couldn't help laughing. This is the advantage of being a "bad guy".

She smiled and said, "Yes, yes, it's good that you don't ask Bi Sheng for money. Tsk, I think Bi Sheng may use LeTao.com to verify whether he is suitable for starting a business."

Although I have met many executives, elites, and entrepreneurs of all kinds, it is very rare to find someone like Bi Sheng who changed three directions in one company within half a year.

After hearing this, Yu Xing sighed for his friend: "If the answer is no, then it can only be said that the price he paid to find the answer was too high."

Liu Wanying laughed at this time: "Mr. Yu, you are really so heartless. You are still the independent director of LeTao.com."

Yu Xing answered without hesitation: "I have forgotten about it."

Liu Wanying suffers from aphasia.

Well, there is really no need to get involved. Letao.com is a vertical e-commerce sample that the two observed together. To some extent, it is to verify the concept, and some of it is to try investment.

At present, LeTao.com’s abnormal predicament has caused its score to plummet.

Two days later, just as Yu Xing had finished playing badminton with Xiaoying, he received a call from Liu Jiankai of Today Capital.

"Mr. Liu, what's the matter?" Yu Xing handed the racket to Xiaoying.

"Mr. Yu, did you know that Li Guoqing from Dangdang.com is scolding you?" Liu Jiankai asked as soon as he came up.

"I saw it in the afternoon, what's wrong?" Yu Xing asked back.

Liu Jiankai was speechless. He thought Yu Xing hadn't seen it, but he didn't expect that he had seen it at the first time. However, the sheepdog didn't even bark. It was really strange...

He always felt that Yu Xing had become gentler recently, which was somewhat inconsistent with his impression of the stubborn person.

Liu Jiankai asked tentatively: "You don't want to respond?"

"Just tolerate him, let him be, let him be, avoid him, endure him, respect him, ignore him, wait a few years, and you will see what happens." Yu Xing said lightly, "Life, enjoy the present more, why waste time with him."

He quoted the famous "Song of Patience of Han Shan and Shi De", and he did know that Li Guoqing did not have a good life later on.

Liu Jiankai kept saying "weird" in his heart. Damn, if that Yu was so easy to talk to, Cai Dabao, who really attacked her husband, would probably still be at large!
He had no idea what was going on, so he could only move on to the next question: "Mr. Yu, LeTao.com is short of funds recently and wants to raise funds as soon as possible. What's his situation?"

Yu Xing asked back: "LeTao.com is in trouble, and you come to ask me? He asked you for financing, but you don't ask for the details?"

"He summarized the problems himself. One is that he took too big a step, and the publicity costs in big cities are high. Another is that the cooperating brand ran away and some money was taken away." Liu Jiankai said seriously, "I am just making preliminary contacts now, but seeing how he runs the company, well... I can only say that my confidence in him is declining. I have to review the specific expenditures later."

"Vipshop in Guangzhou has already fully turned to second-tier brands. Jushang.com, which was just established in Shanghai in June, is developing at a fast pace. There is also competition in this vertical segmentation direction that cannot be underestimated."

"Taobao Mall has achieved nearly 100 million yuan in transaction volume a day. Whether it is the large e-commerce market or the small niche market, the competition is fierce."

Yu Xing thought about it and asked directly, "Just tell me clearly, you don't want to invest in LeTao anymore? Didn't you ask him to have dinner with you before?"

Liu Jiankai smiled and said, "We didn't consider our invitation very carefully, but you went anyway."

Yu Xing said calmly: "Then you guys can do whatever you want. It's public affairs. What can I say? Well, to be honest, vertical e-commerce still has room for error. Everyone is exploring."

"Yes, I agree." Liu Jiankai expressed his attitude, and then changed the subject, "However, if there is a problem with team building, it will be difficult to make more mistakes through trial and error."

Yu Xing did not comment further.

In fact, it can be seen from these words that everyone has doubts about the speed at which LeTao.com spends money. One direction is not about the two points summarized by Bi Sheng, but about the team of LeTao.com.

Since he answered the phone, he also talked about the development of his own Bai Xiaosheng. The company's framework is already very clear, and the main site operation and recruitment business are progressing steadily.

Liu Jiankai was very happy to hear this. Both are start-up companies. Comparing Bai Xiaosheng with Letao.com, the former has clear steps, while the latter seems a little confused.

After the conversation, he also expressed an informal attitude on behalf of Capital Today: "Mr. Yu, in this case, we will raise the next round of funds in June next year, and we may have a chance to go public the year after."

It will take three years to go public. This is his judgment and expectation.

Yu Xing ended the call and mentioned the content of the call.

“Once Bai Xiaosheng goes on the market, it will be eligible to be sniped by Guo Shanfeng.” Liu Wanying said with a smile.

Yu Xing glanced at the partners at Shanfeng and said, "I now understand the anger of the shorted companies."

Liu Wanying took a few steps and finally commented on LeTao.com: "Being an executive and starting a business are two different stages. Starting from scratch will lead to many problems. Bi Sheng actually has zero experience in this area."

Yu Xing shook his head, not knowing what the key issue over there was.

The rest of November was calm. Bai Xiaosheng's steadiness was comforting, while Guo Shanfeng's meetings occupied Yu Xing's time outside of work.

However, as December approached, Yu Xing immediately brought back the thought of his speech in Lin'an at the end of the month, thinking about how to describe his ideas more clearly. He also had to use this rare opportunity to lay the groundwork for the big shovel used for the sniper attack later.

At eight o'clock in the evening on December 12, Yu Xing and Xiao Ying had just sat down in a newly opened restaurant when a call came in from Bi Sheng.

"Hey, Mr. Yu." Bi Sheng said in a low voice, "Where are you? I'm in Shencheng, looking for you to drink."

Yu Xing hesitated: "I'm eating..."

"I'm not looking for you to borrow money, don't worry, I just got rejected by Capital Today, and I'm upset." Bi Sheng said self-deprecatingly, "I'm not that stinky, am I? I can't drink now, right?" Yu Xing reported the location, then put down his phone and said, "LeTao.com failed to get money from Capital Today, Bi Sheng came to drink, do you want to..."

"My identity is Red Falcon, right? It's okay. If you're not embarrassed, then I'm not embarrassed either." Liu Wanying said with a smile.

Yu Xing nodded and ordered two bottles of wine first.

It didn't take long before Bi Sheng arrived, exhausted.

He was somewhat surprised by Liu Wanying's presence, but he never mentioned LeTao's financing. He just drank, chatted about the domestic e-commerce competition, and laughed about the behind-the-scenes footage from the previous recording of the show, as well as the unforgettable debate between Yu Xing and Tang Jun, his mentors and apprentices.

Although Bi Sheng had a smile on his face, he was in a very depressed mood and drank faster and faster.

Yu Xing was relatively restrained, but he estimated that he would need to ask someone to bring Bi Sheng to the hotel tonight.

The two bottles of wine disappeared very quickly. When the third bottle of wine came, Bi Sheng's emotions still broke down. He finally brought up the problems encountered by LeTao.com. He couldn't help crying when he talked about the brand owners running away with the money.

In order to get the leftover goods from the brand owners, LeTao.com not only accelerated the payment period, but also increased the proportion of prepayment of initial funds. The brand owner who ran away with the money this time had successfully cooperated on two batches of goods.

For the third batch of goods, the brand owner started pre-sales and withdrew the payment in advance. He also called Bi Sheng and mentioned that he was facing financial difficulties recently and hoped to borrow some money temporarily to bridge the gap. He promised to pay it back within the month and also mortgage the products in the warehouse.

Bi Sheng didn't want to agree at first, but he couldn't resist the brand owner's pleading and was persuaded by the vice president, and finally agreed to the loan.

The result was that they ran away with the money, and even the goods in the warehouse were counterfeit.

LeTao.com not only had to compensate consumers for their pre-sale deposits, but also had a bad debt. The total loss exceeded 10 million yuan. In addition, the payment period was short to begin with, and the company was trying to expand its business across the country, so its capital chain suddenly became extremely tight.

What made Bi Sheng most upset was that the bank somehow heard about the situation of Letao.com and demanded early repayment of the loan. Also, he accidentally heard his employees mention that the vice president who persuaded them to lend the money had an unclear relationship with the runaway brand owner.

Faced with internal and external troubles, loan withdrawals and difficulty in raising funds, in just less than two months, LeTao.com seemed on the verge of collapse.

Yu Xing frowned when he heard this, and while Bi Sheng was wiping his tears, he asked, "There's something wrong with your vice president, just send him in, why are you crying here?"

"I confronted him, but he didn't admit it." Bi Sheng covered his face and felt only pain in his life.

"If the team has problems, then we should eliminate them. If we need money, then..." Yu Xing wanted to talk about the two million dollars that Bi Sheng left at home, but he stopped himself. This was what he had advised him to leave for his family.

Bi Sheng understood what was meant and said with sobs, "My wife wants to take out the money, but I can't take it. I can't. I can't... hurt them again."

Yu Xing and Liu Wanying looked at each other. It was really hard to say about this money. There were reasons for using it or not. If it succeeded, it would be fine, but if it failed, it would be a big problem.

The phone on the table vibrated.

Bi Sheng took a long breath, picked up the phone, saw the number, and tried to make his tone cold: "Hello, Fu Shaohui."

The voice on the phone was very loud, and I could vaguely hear the other party's words: "Mr. Bi, the bank called again, you have to pay back the money."

"Fu Shaohui, what do you want to do?" Bi Sheng was easily excited after drinking. "I'm looking for money, what do you want to do? What right do you have to talk to the bank about the repayment time in private!"

Fu Shaohui said innocently: "It is only natural to pay back debts."

"It's the supplier you colluded with, Fu Shaohui. You want to bring down the company, right? Do you think you will have a good ending if the company goes bankrupt?" Bi Sheng stood up.

Fu Shaohui warned: "Boss Bi, you need to provide evidence when you speak. Your salary for this month is about to be paid, so you should take out everyone's hard-earned money first!"

Yu Xing stood up, snatched the phone from Bi Sheng's hand, and coldly listened to the other party's sarcastic voice for about ten seconds.

Then he asked, "Are you so bold as to make money this way?"

Fu Shaohui was stunned: "Who are you? What do you mean by money? I work at LeTao.com and I want my salary. Who is so bold? If Bi Sheng doesn't pay me this month, he is the one who is so bold!"

Yu Xing sighed, and the hostility that had been dissipated by the tenderness and sweetness during this period of time stubbornly emerged from the bottom of his heart. If you want to lie, just lie, but don’t be so arrogant, damn it!

He looked at Bi Sheng, whose eyes were red, and hung up the phone without saying anything else.

Liu Wanying saw Yu Xing's expression and asked, "Can't you bear it?"

This is what Yu Xing said after he appeared on the show last time. I can't bear it.

Yu Xing shook his head: "No, I remembered something."

Liu Wanying asked: "What?"

Yu Xing handed the phone to Bi Sheng and said, "I remember that I seem to be the independent director of LeTao.com."

Liu Wanying smiled and reminded him: "What about tolerating him, letting him be, letting him be, avoiding him?"

Yu Xing curled his lips: "I can't do much, just don't bear it, don't let it, don't let it, don't avoid it, don't be impatient, don't be disrespectful. Think of a way, and send him in if you can."

The alcohol in Bi Sheng's mind faded away for a moment after hearing this, and he asked excitedly: "Yu Xing, do you have any clues about him?"

"No, I heard it for the first time today, how could I have it." Yu Xing shook his head and pondered, "But I can help ask. There are traces left after the incident. The brand that ran away is not a shell company. There must be employees, people who do things or know some situations. I can ask."

Bi Sheng was startled and suddenly realized that the person in front of him was not Dr. Yu, but Bai Xiaosheng!
The gangster in the underworld is known as Bai Xiaosheng and is jokingly called the intelligence chief!

Yu Xing asked Bi Sheng to go outside to clear his throat and spit out the wine, then ran directly to the nearest Internet cafe, logged into the "Bai Xiaosheng" account on Bai Xiaosheng, organized his words a little, and sent a private message requesting 163 million users. He did not mention Fu Shaohui's name, but hoped that someone with inside information would provide inside clues about the relationship between LeTao.com and the runaway brand Rogers.

According to the six degrees of separation theory, the number of people between a person and any stranger will not exceed six. Perhaps this can help us find someone who knows the situation.

Bi Sheng looked at this scene and asked nervously: "This...is this something I should thank you for?"

Yu Xing thought about it and added: "If you can help, then I thank you."

Bi Sheng: “…”

Liu Wanying saw the private messages that were responded to one after another, and couldn't help but say, "It looks like a hunting order from the underworld."

Yu Xing looked at the screen and shook his head slightly: "Try it, it may not work."

Jianghu Zhuisha Ling empowers Bai Xiaosheng's user group by first digging out the links, then reaching out, and finally trying to penetrate them in an attempt to find key clues.

I use private messages as a signal. With one sound, the informant comes, and all kinds of people are aware of him. With two sounds, clues are uncovered, and the intricate connections become clear. With three sounds, the mystery is solved, and the truth is revealed without a trace.

The underworld is chasing us, as fast as the order!

(End of this chapter)