Chapter 288 Fame

Chapter 288 Fame

Chapter 288 Fame
February 2st, the 1th day of the twelfth lunar month, Yu Xing left Shen.

His last job before going home for the New Year was to accompany Liu Wanying to visit the office of Red Falcon Capital.

After her employees resigned, Liu Wanying began to look for a formal office location. However, it was not until she successfully shorted Penguin that she finally had the mood and confidence to decide on the location in Shanghai World Financial Center.

This is currently the tallest office building in Shanghai, and it offers a commanding view of the city. However, considering the convenience of going up and down, Liu Wanying only chose the 16th floor.

On the way back, she was still a little conflicted. It was not good to have a building that was too high, but 16 floors seemed too low and would be a waste of the location of the financial center.

Yu Xing listened to her worries in the car and compared her happiness with one sentence: "Look at me, there is a telephone pole outside my office window!"

Liu Wanying immediately smiled happily.

Then, she mentioned a small matter: "Two days ago, I took the time to finalize an investment intention. Guess what it is?"

Yu Xing thought about it and shook his head, "The scope is too wide, I can't guess."

Liu Wanying prompted: "Someone you know."

Yu Xing pondered and said, "Bi Sheng? LeTao.com is developing well, but I don't know if it can beat Vipshop. I think it will take some time for the two sides to compete for this market."

Liu Wanying smiled and shook her head and said, "It's not Bi Sheng, it's close, it's Lei Jun's Xiaomi, what do you think of Xiaomi?"

Yu Xing was very surprised: "Xiaomi... um, I don't think I heard about Xiaomi's financing."

"You are busy mocking and smearing Penguin every day. Do you have time to care about other things? Besides, this is an internal action of the newly famous venture capital firm Red Falcon. I also have a certain status now." Liu Wanying said with a little pride.

Yu Xing gave a perfunctory thumbs up.

Hong Falcon has indeed made a name for itself this time. According to someone who has framed it, Hong Falcon is on par with IDG in this investment in WeChat. Moreover, if you look closely...

Hongyun first invested in the value-added, then sold part of it to Today Capital, continued to invest in it, and finally delivered it to Alibaba. It was just like a successful T around WeChat.

Although public opinion mainly focused on Alibaba's entry, Red Falcon Capital's operations were also praised in certain circles.

Yu Xing thought about the recent situation and wondered, "Has it been finalized? You're moving so fast, how did you negotiate it?"

"The cooperation intention has been finalized. Xiaomi doesn't need much financing. I only have $50. The valuation is $1000 million, so I'll get 5%." Liu Wanying said with a smile, "As for the negotiation, I heard that Qiming Venture Partners was discussing financing with Xiaomi, and then I asked Bi Sheng and got Qiming Venture Partners' share. Moreover, Qiming Venture Partners invested $35, and I got some extra shares."

She continued in all seriousness, "This is how I moved Mr. Lei. I said, Yu Xing is also a partner of Red Falcon. If you let me invest in it, if Xiaomi has conflicts with other investors, I will let Yu Xing scold them."

Yu Xing: “…”

He asked with some disbelief and caution: "And then?"

Liu Wanying spread her hands and said, "Nothing more. The intention has been decided. What do you think of Xiaomi? I think that such a large domestic market will definitely not be dominated by foreign brands like this. Among the current mobile phone projects, Xiaomi is okay. I plan to take a look at the situation of Meizu after the new year."

Yu Xing pondered and said, "Xiaomi should be good. Speaking of which, I have been thinking about the future these days. Last night I saw Wang Chuanfu talk about his experience in making cars. He said that many companies, because they don't understand, will think of technology to a terrifying level. This fear is to a certain extent an industrial intimidation created by competitors to latecomers, who keep saying that the investment is huge, the research and development is difficult, and there is no way to succeed."

Liu Wanying didn't know why Boss Yu suddenly mentioned the car again, and said more seriously: "BYD is not very successful now."

"Compared to the doubts it faced when it announced its plan to build cars a few years ago, it is indeed doing well now." Yu Xing resisted the urge to smoke while talking about things. "However, the domestic auto industry does need to develop. Whether to do it sooner or later is a matter of choice."

He lowered the car window to let the wind outside blow, and said thoughtfully: "Just like you said just now, such a large domestic market cannot be occupied by foreign brands forever. The policies in the past two years have gradually been supporting it. There will definitely be domestic brands. If we do it later, it will be relatively easy to integrate after the suppliers mature."

Yu Xing did not continue. After thinking for a moment, he said, "What if we do it earlier? If we do it earlier, we will have the opportunity to do more in-depth integration and research and development, which may bring more sustainable and stable competitiveness. Compared with doing it later, everyone can rely on the convenience of supply chain support, and the brand advantage of being the first to launch is also great."

Liu Wanying looked serious and said nothing.

After a while, she asked, "Have you made up your mind?"

"No, I really don't. I also want to see the situation after the new year. The listing of Bai Xiaosheng also requires energy. However, last year, I focused on WeChat. I found that Liu Hao and his team can definitely make Bai Xiaosheng flourish. After all, he was the CEO of Zhaopin. He has no problem with his ability. He has learned from experience and lessons, and his mentality is more mature." Yu Xing smiled, "So, I think for some time in the future, I just need to serve as a director."

He gradually let go of Bai Xiaosheng's affairs. On the one hand, there were more and more WeChat matters, and on the other hand, the parts he let go of were running very well. This also proved the reliability of a group of senior teams like Liu Hao.

They are all feeling a bit angry now and want to make a more eye-catching presence in the recruitment market.

Liu Wanying was a little worried: "It's hard to make money, but this kind of investment in making cars..."

"If we want to do it, we still need to leverage funds and resources." Yu Xing said with a smile, "Anyway, I think at least from the perspective of leverage, this is much better than when I first started Guiai.com."

Liu Wanying nodded, that was affirmative.

She changed her mind and realized that Guo Shanfeng still had at least one project that was highly suspected of being fraudulent. Moreover, now that he had more capital, the convenience of obtaining funds should be much better than she imagined.

Yu Xing had had enough of the winter wind, closed the car window, and thought about new energy vehicles. This circle is quite interesting, with open source saints, Baohua’s illegal construction, the former boss’s ecological car manufacturing, and “jump off the building if the design is this bad”...

If you want to do...

Yu Xing fell into deep thought. Vertical segmentation is necessary, industrial integration is necessary, electrification and intelligence are necessary. In fact, if we can be sure of the correctness of the general direction, I believe that many people will stand out at this stage.

After he came back to his senses, he glanced at Xiaoying and said with emotion: "If you want to stir up a bloody storm, you still need to have a higher status."

Liu Wanying sensed Boss Yu's inclination and answered concisely and tactfully, "It's the same if you can succeed on the mobile Internet."

Yu Xing said with a smile: "The car thing sounds incredible. Musk from the United States has agreed to a 'dialogue' with me. I will ask him for his opinion later. Xiaoying, Xiaoying, suppose you are another investor now. I will lobby you for the idea of ​​this project and you can simulate it."

Liu Wanying understood what he meant immediately and said, "You are crazy!"

Yu Xing: “…”

Liu Wanying continued to raise her voice: "You want to cheat for subsidies?"

Yu Xing: “…”

Liu Wanying frowned and advised: "This is too difficult, why bother?"

Yu Xing: "...Excuse me, are you simulating or are you speaking the truth?"

Liu Wanying said coldly: "Be serious, I am just pretending to be Xu Xin now. Why should you let me invest in an unreliable project like yours?"

She then threatened again: "Be careful, someone will come over the mountain to attack you!"

Yu Xing didn't know whether to laugh or cry. He thought about it seriously and replied, "Well, you even dared to invest in a project like WeChat can beat Penguin. Can this be more difficult than that?"

Liu Wanying was stunned.

You're saying that...

She thought about it carefully. Each has its own difficulties. However, when it comes to unimaginable, it seems even more difficult to imagine that WeChat, a company established less than a year ago, could drag Penguin into a strategic dilemma.

At least, before the emergence of WeChat, no one thought that Penguin would face such a big challenge in the field of communications.

Liu Wanying didn't want to increase Boss Yu's extra confidence: "The simulation is over. I admit that your response is quite convincing, but I don't understand the automotive industry, so I can't make a comparison." Yu Xing smiled and said, "Yeah, you said Shanfeng would expose my fake, and I was indeed scared."

At this time, Chu Zhiguang, who had been driving silently in the driver's seat, said, "Brother, it's okay. Those who pass by the mountain are all targeting listed companies."

Yu Xing praised: "Xiao Guang, you actually found something that I overlooked. You live up to your name. You are really smart."

Chu Zhiguang felt a little weird, but still smiled.

The WeChat company matter was concluded before the New Year, and we were chatting and laughing on the way back.

When Liu Wanying was about to arrive at the destination, she said: "Boss Yu, your reputation is useful now. I will use your name when I investigate a few more projects."

"Someone has already made up my words to tease investors." Yu Xing said helplessly, "Please don't bring trouble to me, people will take it seriously."

Liu Wanying sneered, "What are you afraid of? You can even scold your own company's shareholders, so how can you be afraid of other people's shareholders?"

Yu Xing said seriously, "That's not the problem. The problem is that the first investor I contacted was Xu Xin, and I was deeply influenced by her. If something really happened, I might be the investor who put pressure on the company."

Liu Wanying suddenly realized that this made so much sense...

It was almost noon when the car arrived home and the old couple had already prepared a table of food waiting for them.

Liu Wanying came along to wish them both a happy new year, but because she had to catch the train from Jiaxing back to Jinling, they only chatted for a while after lunch before Chu Zhiguang continued to send them to the city.

Yu Xing has been quite tired recently, and he felt completely dazed as soon as he returned home for the New Year.

When he woke up from a good sleep, there were already many relatives in the living room in the evening, eating melon seeds and chatting.

As soon as Yu Xingyi came out of the room, the whole living room fell silent, as if it was an illusion, and then there were various greetings.

He greeted everyone one by one, and chatted with them about family matters with a smile on his face. Suddenly he realized that the advice his old father had given him on the phone before seemed to be really effective. Now, even when he showed up here, no one asked about WeChat.

That is, there is inevitably something strange and eager in the eyes.

Yu Xing could understand.

After seeing off the relatives who had come to visit him earlier, he praised Comrade Yu Guosheng's work: "It is good enough that we can have such an atmosphere during the New Year this year. Director Yu, you are the first to do so."

Yu Guosheng stroked his beard lightly and reluctantly accepted the credit.

Chu Qiying only had the simplest impression: "Xingxing, how many lifetimes will it take you to spend all the money you earn?"

Yu Xing just smiled and said: "I can spend it all, but I'm still thinking about how to spend it."

Chu Qiying looked at his son and still had only the most real feeling: "I can't even imagine what this money means."

Yu Guosheng nodded with similar emotion.

hard to imagine.

However, someone will help you think about it or present it.

February 2nd is New Year’s Eve.

Yu Xing planned for himself that day to sleep in and send blessings.

However, at nine o'clock in the morning, Chu Qiying, the mother who had originally promised not to come to urge him, had to knock on the door and come in, mentioning the news she had just received: "Xingxing, the Education Bureau came to express condolences to me. Your father said that they might not be here to express condolences to me... You'd better get up."

Yu Xing was rummaging through his phone on his pillow while complaining, "They can only express condolences once every 800 years. What are they expressing condolences for? It's a holiday now, so they should be less formalistic."

Chu Qiying also felt puzzled. If his son started a company, it would have nothing to do with the Education Bureau. Well, he hadn't even mentioned the scholarship.

An hour later, Chu Qiying, as a representative of front-line teachers, accepted holiday greetings from a group of people including the leaders of the county education department and school principals, and was asked about his daily work and life.

Her hard work and selfless dedication were praised.

As the son of a representative of front-line teachers, Yu Xing also became a secondary target of leaders' condolences and care, and was considered to be the embodiment of "good family tradition" and "moral education".

After a group of leaders from the education sector had left, there was movement on Yu Guosheng's side.

"I have also become a cared-for old member of the organization this year. A leader will come to visit and express condolences during the Spring Festival in the afternoon." Yu Guosheng suppressed his laughter, "Well, it should be cordial condolences and New Year blessings."

Yu Xing rubbed his face and said, "How about I go out for a walk after dinner?"

Yu Guosheng criticized him, "You are ignorant. You see, the news of your wealth cannot be concealed. It's easy to tell your relatives. Your mother is here to comfort you with education, and I am here to show my concern for you from the organization. You may need to have some connections with the industrial and commercial associations in the future. You have to let others play the role of a bridge. Do you know what you are doing now?"

Yu Xing curled his lips and gave a very standard positioning: "Private entrepreneur."

Yu Guosheng said "uh" and added reluctantly: "A private entrepreneur with excellent potential."

Yu Xing thought for a moment and said, "It should be fine here. If I put the money from selling the company in our area, it shouldn't be a big deal."

After calming down a little, Yu Guosheng nodded in agreement.

However, he did not expect that after a group of people came to express their condolences in the afternoon, there would be activities from the city on the afternoon of the next day's Spring Festival.

On the afternoon of February 2, Jiaxing’s propaganda chief, accompanied by the county’s deputy chief and united front chief, came to Yan to carry out Spring Festival condolences and “visit, investigate, serve, and solve problems” activities.

This time it was Yu Xing himself who received holiday greetings and New Year blessings.

And, he soon saw the name for himself in the promotional material.

Emerging entrepreneur.

Yu Xing was puzzled and asked his old father.

Yu Guosheng didn't quite understand it either, but even if he didn't understand it, he could still give the appropriate answer.

He pondered for a while and said, "You are an outstanding young entrepreneur who dares to break through the constraints of traditional thinking and models, dares to try new business opportunities and fields, actively innovates, is determined to forge ahead, and has shown good development prospects."

Yu Xing accepted his father's advice of experience.

In the evening, he received a New Year's greeting message on WeChat from the section chief who had added him on WeChat during the day.

"Mr. Yu, Happy New Year. I often visit Bai Xiaosheng. I didn't expect you to be from Jiaxing. I wanted to add your doctorate title, but I held back. Let's continue to be sharp in the new year."

The emerging entrepreneur thought thoughtfully that both positioning are good and neither is wrong.

(End of this chapter)