What's wrong with me being a rich man?

Chapter 219 Goose Hunting
The atmosphere at the meeting between Bai Xiaosheng and shareholders was originally very good. Everyone talked about achievements, gossip, and financing, and then just followed the routine of making money.

However, as soon as Yu Xing mentioned new incubation projects, or projects that would most likely compete with giants like Penguin, the mood in the conference room took a sharp turn.

IDG's Zhang Suyang tried to persuade him, but Yu Xing just said "just try it". Qiming Venture Partners' Hu Xubo tried to persuade him, but Yu Xing just said "I know my limits". Today Capital's Liu Jiankai tried to persuade him again, but Yu Xing just said "don't panic, it's not a big problem" in the end.

Seeing that Yu Xing was not just chatting casually and really wanted to incubate a new project in the mobile era, Zhang Suyang simply pointed out the most important concern of the institutions: "Mr. Yu, everyone is optimistic about the mobile wave, but the opponents are different, and the difficulty is also different. If you insist, I suggest you don't touch the money raised by Bai Xiaosheng."

IDG provides financing to Bai Xiaosheng to build a career platform. Without going into detail about every expenditure, the general direction is to ensure that funds are used for their intended purposes.

Yu Xing glanced at the three institutional shareholders, not angry at all, and smiled: "No problem, Mr. Zhang, we can discuss this matter frankly. I understand that you are worried about the money you took out being wasted. Then, last year, 1716 million was non-operating income. The copyright was something we dealt with by chance, and the price comparison website was something we did by chance. After deducting the expenditure costs, there should be no problem using this part of the money, right?"

Zhang Suyang didn't want to agree, but he had talked about "non-operating income" before, and it was just a joke. He couldn't deny it now, so he just said in a businesslike manner: "Mr. Yu, then tell me a rough figure, so that we don't get confused when we mix them up."

"About 7 to 8 million. If I develop WeChat, Bai Xiaosheng will only use this amount of money and will never use more." Yu Xing promised solemnly, and then changed the subject, "Of course, if it really works, I will not refuse your additional investment."

Zhang Suyang nodded, and after a few seconds of silence, he said, "IDG is still very optimistic about Bai Xiaosheng's listing prospects, but for a company to go public, in addition to a clear business plan, the joint efforts of the entire company are also very important."

Yu Xing replied: "Mr. Zhang, I understand."

"Okay, let's stop here today. I have to hurry back." Zhang Suyang stood up and said, "Mr. Yu, we will discuss the next round of financing in May."

Yu Xing tried to persuade him, "Mr. Zhang, you have to finish lunch before you go back. I have already made the reservation."

Zhang Suyang declined the invitation politely, not knowing whether it was because of the changes he had encountered today or because his schedule was indeed very tight.

Compared to the elder from IDG, the reason given by Hu Xubo of Qiming Venture Partners was very sincere - "Mr. Yu, my wife made soup at home and I have to go back to drink it."

In the end, only Yu Xing and Liu Jiankai had lunch together.

As Yu Xing poured the wine, he said thoughtfully, "It seems that both Mr. Zhang and Mr. Hu are not very happy."

Liu Jiankai patted the table lightly, then pointed at his face and reminded: "Hey, Mr. Yu, look at me and see if I'm happy."

"I forgot about you." Yu Xing came back to his senses, looked at me carefully and praised me, "Mr. Liu didn't change his expression when he heard that I would compete with Penguin. I heard that this is the demeanor of a great general."

Liu Jiankai smiled bitterly and said, "I am like this. I just need to keep my face calm. Mr. Yu has a lot to consider. He has to compete with Penguin, take into account the investors' ideas, and prepare a technical team..."

He paused, then added: "In the end, you may have to take the risk of total failure."

Yu Xing was not angry, he just tasted the food.

Liu Jiankai said: "Whether you founded Guiai.com two years ago, or the current Baixiaosheng.com, or the price comparison website that was sold, you have grasped the essence of vertical segmentation. Even if you have not actually done e-commerce, I sincerely think that the vertical model you mentioned can be verified on LeTao.com, but..."

"What you want to incubate is not vertical enough and not segmented enough. Is it that easy to grasp?"

Liu Jiankai advised, "Boss Yu, please don't think my words are harsh, just like when you stabbed Tang Jun in the face. I know you may not like what I said, but I still have to speak my mind."

Yu Xing toasted him with a glass of wine: "Mr. Liu, how could that be? You are a good friend. I am willing to listen to your ideas. I am so happy."

Liu Jiankai was slightly pleased, feeling that Mr. Yu had listened to him, and immediately continued, "Mr. Yu, vertical segmentation can lead to successful projects. This kind of positioning is a kind of protection. Once you abandon it, you will have to face the sharp edge of Penguin."

Yu Xing put down his wine glass, frowned and said, "I am a little unhappy with what you said."

Liu Jiankai was stunned. He was so happy just now, but now...

He suddenly remembered the other party's nature, a face-changing dog!

"Don't you all say I'm so sharp?" Yu Xing stared at Liu Jiankai and said jokingly, "I want to avoid its edge? Pay up!"

He made a promise: "You pay, and I will never let you lose money!" Liu Jiankai looked at Mr. Yu and sighed: "Mr. Yu, you said it yourself, just scare it. So what if it's just a scare? This is not something else, this is the direction that Penguin relies on to make a fortune, and it will not take it lightly."

Yu Xing smiled and asked back: "Scare it, scare the market, isn't that enough?"

Liu Jiankai shook his head: "Why bother with this? You might as well put your wasted energy into Bai Xiaosheng. Besides, you have never worked in this field before, so how can you be scared?"

"Bai Xiaosheng's business and framework are very solid, Mr. Liu, you know this, as for how to scare..." Yu Xing thought, "I have three major strategies."

Seeing him doing this again, Liu Jiankai said weakly, "Which three?"

Yu Xing perked up and was particularly serious this time: "Built-in, spend money, and update the version!"

Liu Jiankai frowned in thought.

Yu Xing continued: "I also have three major groups."

Liu Jiankai was surprised and asked, "Which three?"

Yu Xing poured a glass of wine and said, "College students, Internet surfers, and workplace users!"

Seeing that he was actually quite organized, Liu Jiankai asked, "Are there any other three?"

"I have three great helpers." Yu Xing stood up and poured a glass of wine for Liu Jiankai, then picked up his own glass to toast.

Liu Jiankai raised his glass and motioned to continue drinking.

Yu Xing said with emotion: “IDG, Qiming Venture Partners, Capital Today.”

Liu Jiankai immediately put down his glass and said repeatedly: "This wine is undrinkable. I can't make this decision. I can't make this decision!"

Yu Xing just laughed and drank it all in one gulp.

Liu Jiankai's hands froze in the air, not knowing whether to put it down or drink from it.

"Are we still so distant? I'm not forcing you to take the money. I also know that the surname of Today Capital is Xu. You can invest or not. I'm actually afraid that you will insist on investing when the time comes." Yu Xing said with a smile, "Drink it. The New Year is coming soon. Consider it my early New Year's greetings to you."

Liu Jiankai shook his head slightly, knowing that Mr. Yu had made up his mind, so he had no choice but to drink the New Year's wine.

After he finished drinking, he drank three more glasses of wine in a row, feeling quite depressed.

Penguins are wealthy and famous. They enter all industries with all their might to compete for territory, and few stand in their way. They control traffic, consolidate their foundation, expand their territory, and chase away their competitors. No one in the industry can resist them.

The power of giants is overwhelming the Internet, squeezing from the front and back, besieging from all sides. Those who are surging and fearful cannot find peace even if they have creativity.

The situation of the peers is getting worse day by day, and they have exhausted their wisdom and money. They call for change, and are in a difficult situation. When encountering frost and snow, going through twists and turns, and resisting heavy pressure, failures often follow one after another.

Today, there are doctors who have risen up with an unyielding heart, and are walking on the thorny road. Day and night, they may struggle in dangerous rapids and deal with difficulties. Those who are anxious and worried will hardly gain anything even if they are diligent.

Now when I am drunk and think about it, I sigh and say, penguins are actually more ferocious than tigers!

Liu Jiankai drunkenly pulled Yu Xing aside and chatted for a long time. This was not the first time he had met this person in front of him, and he already knew Dr. Yu's tough personality. In the end, he could only dip his fingers in the wine at the end of the drinking party, helplessly, not knowing whether he should write two words on the table with a hint of expectation.

Catching geese.

(End of this chapter)