Chapter 105

It rained in Shencheng, and then it turned cloudy again.

This weather is just like Li Song's mood.

He finally calmed his emotions, and although he was still gloomy, he had to accept more realistic problems.

One is the direction of industry development, and the second is that the company's financing needs to be considered in the long run.

In addition to his own cognition, his wife bringing their two sons to Shencheng is also an important factor.

After all, it's almost New Year.

Li Song realized his wife's intention to ease the family atmosphere and also took the step down.

The two met in Xiangjiang, and their relationship has been very good until now. This time, they were really hit by an unexpected impact. There were industry problems, financing setbacks, and on top of that, the perpetrator was actually arrogant enough to want to get money from Capital Today, which mixed work and life together and made everything a mess.

While taking his two sons to visit the zoo and museum in Shencheng, Li Song sorted out his thoughts and temporarily shelved the financing actions of Zhenai. com.

Regardless, the industry has changed, investors indeed need to observe again, and Zhenai. com must also provide new trends.

Only, while emotions eased, he didn't intend to give up obstruction.

On the evening of January 8, Li Song took the opportunity to chat with his wife about the children's education and gave a sincere apology, saying he shouldn't have interfered with the normal operation of Capital Today.

Immediately, he expressed his worries realistically.

"I don't understand."

"Why would Capital Today be interested in a website like Bai Xiaosheng."

"I think it has no investment value."

Hearing the conversation turn this way, Xu Xin glanced at her husband, not wanting to make the eased atmosphere tense again, and said with a smile: "Yo, you changed your strategy?"

Not doing the hard way, changed to the soft way?

Studying the investment in Bai Xiaosheng?

"I really don't understand." Li Song said earnestly, "Bai Xiaosheng is a small website that just got some users based on two emergencies. Can it encounter such good things later? According to the process, the investment intention should be killed if it should be killed."

Xu Xin pondered what kind of communication method to adopt.

Li Song looked at his wife and said: "It wouldn't be that because I clashed with him, it made it hard for you to kill it immediately, right?"

Xu Xin actually didn't want to talk about this topic and said helplessly: "Don't worry about what I do. Can't you just pretend you don't know about this company now?"

"People eat grains and cereals, so they have seven emotions and six desires. Hey, Xu Xin, you know who caused the problems my company is encountering now, right?" Li Song expressed as calmly as possible.

"If you ask me, this is a matter of time. Better late than early." Xu Xin said objectively, "Without Yu Xing, there is Li Xing and Zhou Xing. This is a reminder to your company. Is there a problem with the industry? Is there a problem with the company? Is there a problem with the thinking? If you can figure these out, then I..."

Li Song's heartbeat skipped a beat: "Then you will invest?"

Xu Xin just spoke too fast and pulled it back in time: "... Then I will bless you and hope to see you ring the bell."

Li Song frowned, emphasizing his attitude: "It can be Li Xing, it can be Zhou Xing, but it cannot be Yu Xing!"

Xu Xin spread her hands, having confirmed that the company's decision-making would not be affected by irrelevant factors.

"Good, Ms. Xu." Li Song understood her meaning and changed his address, "Then as the chairman of Zhenai. com, I also want to remind you here: the company has confirmed it will sue Bai Xiaosheng!"

This is not an irrelevant factor!

Xu Xin frowned: "What do you want to do?"

"The company wants to restore its reputation!" Li Song raised his voice and said again, "I also don't want you to spend that unjust money!"

He threw out another sentence: "I will also sue Yu Xing. The company data he sold to me is fake!"

Xu Xin stopped frowning instead and asked: "Is there solid evidence?"

"Whether it is our company or his previous team, the business now moving toward society is not progressing smoothly. We recovered the illegal gains of the two market managers originally responsible for the Beijing market of Gui'ai. com." Li Song said seriously, "Those two are college students. Once the company intimidated them, they said that the previous reimbursement problem in Beijing higher than other cities was permitted by Yu Xing."

"He knew, but pretended not to know!"

"Moreover, it just so happens that after those two people were transferred away from Beijing, the social market in Beijing achieved results!"

"Yu Xing is watering down the data and forging the company's value!"

"We want to pursue his legal responsibility!"

Li Song warned: "Ms. Xu, don't blame me for not reminding you."

Xu Xin asked patiently: "Is there a contract for the reimbursement problem you mentioned?"

Li Song shook his head: "No contract, they confirmed it by phone."

Xu Xin nodded and asked again: "Good, then is there a call recording?"

Li Song shook his head again and protested: "Who records things for no reason?"

"Then how to prove that those two people didn't try to shirk responsibility? And why didn't it produce results precisely because two mediocre people were replaced?" Xu Xin said this and asked again, "You say Yu Xing watered down the data; are his hands and feet clean?"

Li Song understood the meaning: "What? As long as his hands and feet are clean, you can invest, right? Who was it that accused Zhenai. com of problems before?"

Xu Xin sighed and didn't answer directly: "You can sue if you want, but I also need to remind you that NetEase is eyeing this market. If you end up burning yourself, then just stay home and take care of the children."

NetEase not only started promoting its NetEase Dating, but more importantly, its own media power is very strong.

Can a website that exposes industry problems being sued be a weapon that can be used to expand the market?

It may not necessarily draw blood, but NetEase certainly wouldn't mind trying.

Li Song was shocked and frowned without speaking.

"Our investment needs to look at the performance of the core team. These years have made me feel more and more that people are truly different." Xu Xin said with some emotion, "Some people are trapped in their own small plot of land, while others can look at the entire industry."

"When I met Ding Lei and Liu Qiangdong back then, they were not famous figures, but they had surprising performance."

Li Song was silent for a while: "Do you mean you are determined to invest in him?"

"I'm not sure yet, but if I invest in him, it must be because he is worth investing in. Conversely, it's because he is not worth investing in. It won't have anything to do with what you and I said." Xu Xin smiled, "Mr. Li, don't talk about what you said. Even Ma Yun has said so many things over the years; did it hinder me from investing in JD. com?"

Ma Yun is a leader in the e-commerce field. He naturally talked about domestic enterprises and was not optimistic about the asset-heavy JD. com. With his status and achievements, his words are often regarded as the gold standard by many people.

Li Song was also shocked by this boldness for a time and looked at his wife blankly.

Xu Xin just smiled.

"Alright." Li Song exhaled and shook his head, "Sometimes, I indeed ignore your... decisiveness and firmness because of our relationship. Sigh, this is the Xu Xin of Capital Today."

He said somewhat dejectedly: "I will still sue Yu Xing."

Xu Xin was dumbfounded: "Was everything I just said in vain?"

"It's either suing Bai Xiaosheng or suing him for the company he sold us having problems." Li Song said unwillingly, "I will have people carefully screen the previous data of Gui'ai. com. This is reasonable, right?"

Xu Xin shrugged: "That's up to you."

Li Song looked at his wife and said helplessly: "You always say you haven't decided whether to invest or not, but I feel you are already inclined to invest. You said before that my company is not profitable enough. Bai Xiaosheng is such a short-lived company; do you see it as profitable enough?"

"The meaning of this..." Xu Xin was silent for a moment and said euphemistically, "Social networking is a very good concept, a concept that both Chinese and foreigners can understand. Workplace social networking is also a good story. Nasdaq in the United States must be able to accept a special version of LinkedIn."

LinkedIn is a workplace social platform in the United States, and it is said that it is not far from listing.

Xu Xin sighed and still felt that it was better to be straightforward: "You are not profitable enough because you are not making our money make money."

Li Song understood the meaning in her words: "Funny, Zhenai. com will definitely list before Bai Xiaosheng!"

Xu Xin encouraged: "Hmm, I hope so too."

Li Song always felt that his wife was perfunctory toward him. He is a dignified financial doctor, in and out of Bear Stearns, worked at Morgan Stanley, started two businesses, and has been in the business world for more than ten years. Can he not compare to a fledgling dropout medical student?

He stood up suddenly: "If I don't ring the bell first, I'll take his surname!"

Xu Xin felt that such angry words were unnecessary.

She pondered repeatedly: "Sit down, I don't necessarily invest in him."

Li Song shook his head: "Not sitting, upset!"

Xu Xin looked at her husband's figure going downstairs and felt that she had helped Bai Xiaosheng a favor.

Before becoming a shareholder, she helped eliminate one lawsuit.

As for the possibility of lawsuits related to Gui'ai. com, perhaps a step down is still needed.

On January 9, at 3 PM, Yu Xing took advantage of the end of his work and paced to the conference room to call Liu Wan Ying, who was already active in Xiangjiang.

"Xiao Ying, Xiao Ying, how is it?"

Liu Wan Ying's reply was very calm: "This week, at the latest next week, the media here in Xiangjiang will report it first."

Yu Xing elongated his voice: "Which means..."

"It means it's time to test the toxicity of the mountain peak." Liu Wan Ying answered this way and asked again, "How is your financing over there?"

"We are going up to see Capital Today tomorrow to talk again. We will talk about specific issues such as the financing amount." Yu Xing thought, "I don't know what the progress of this process is, but Capital Today is definitely interested. This is a good start."

Thinking of Bai Xiaosheng's route to Capital Today, Liu Wan Ying still felt it was both incredible and laughable.

She sighed: "You can also be considered a touchstone for their husband-and-wife relationship."

"I was just looking at the email you sent me before, which is the information about Capital Today and Xu Xin you organized." Yu Xing said.

Liu Wan Ying waited for two seconds: "And then?"

Yu Xing laughed: "Good to look at."

He just saw Tudou. com invested in by Capital Today. This name reminded him of a quite famous matter.

When Tudou. com was hot, it planned to list in the US, but was forced to postpone it because of the property lawsuit between the founder and his ex-wife. Just the following month, Youku. com was listed first, making the latter the first video website stock.

Later, Tudou. com had to merge with Youku and then disappeared in the tide of the times.

This kind of gossip, this kind of topic...

Tsk...

It's just that I don't know if Bai Xiaosheng takes the lead in poking things out, will it hurt Capital Today's investment in Tudou. com.

Yu Xing associated more for a time. Who else was there whose marriage caused problems for the enterprise? Dangdang? Ganji? Zhen Kungfu?

But Tudou. com is the most famous. It seems it was because of such a thing that investors jokingly called to add a "Tudou Clause" in the investment agreement, requiring the founders of invested companies to marry or divorce only with the consent of the board of directors, especially priority shareholders.

"Hello? Hello? Wake up!" Liu Wan Ying was a bit used to Yu Xing's distraction on the phone and only called out after waiting for a while without seeing any movement.

"Xiao Ying, your touchstone statement is very good." Yu Xing came back to his senses, "Bai Xiaosheng strives to act as a touchstone for more people's feelings."

Liu Wan Ying said earnestly: "You will be hit by someone with a bag over your head from behind sooner or later."

"It's not that hateful, we are just a news platform." Yu Xing smiled, "Oh right, you said how should we make requests to Capital Today tomorrow? I am a bit hesitant about the shares to be transferred for Series A financing."

Liu Wan Ying didn't give specific suggestions, only reminded: "Boss Yu, Bai Xiaosheng is not worry-free. Your website mechanism is already very clear now. If others feel that this set is feasible, it can be copied. Therefore, you need to use money to race against time and pull the advantage away."

"Anyway, the company is A/B shares. As long as your control is stable, if you ask me, as long as funds can come in, a little more or less shares are secondary."

"Website development is fast, all relying on funds."

"Financing is like this. You must transfer equity. Don't lose the big because of the small, and don't give up development opportunities."

She roughly understood the pain of taking equity out. Many startup teams have this problem.

"Good, worthy of being our company's consultant." Yu Xing didn't argue, but still gave a reminder that the website is not worry-free.

The two chatted about shorting again, and then hung up the phone.

Yu Xing put his phone on the table, considering the actions in Xiangjiang. According to Liu Wan Ying's design, funds buy Put options on Nasdaq, Xiangjiang media releases news first to attract wandering funds, and then it is the launch in the United States.

This is the ideal situation; it depends on the effect of the execution level.

If this shorting goes smoothly...

Yu Xing suddenly thought of those former bosses and had a deep thought: It's time for me to earn some money back, right?

Knock, knock, knock, the office door was knocked.

Second-in-command Lu Haiying walked in, holding the contact situation with investment institutions.

She contacted well-known venture capital as much as possible, but... most were on vacation, and the rest were not interested.

"On vacation so early?" Yu Xing was surprised.

"I don't know if it's a polite refusal, but that's how they replied." Lu Haiying was quite helpless.

Yu Xing said "Hmm" and fell into thought. After a while, he said: "Don't worry, talk after seeing Xu Xin tomorrow. Hmm, I know a very famous investor, Shen Nanpeng of Sequoia."

Lu Haiying nodded and reminded: "He used to be from Ctrip... so, I didn't try to contact him."

Coincidentally, he is not only a co-founder of Ctrip but also related to Focus Media.

If there is movement in Xiangjiang, Shen Nanpeng would resume work even if he is on vacation.

"Hmm, don't be afraid. We even contacted Xu Xin; are we still afraid of Shen Nanpeng from Xiecheng?" Yu Xing said earnestly, "Liu Wan Ying just taught me a sentence, which I think makes a lot of sense."

Lu Haiying listened attentively.

Yu Xing sighed: "Website development is fast, all relying on the boss being bad."

Lu Haiying felt that the senior brother was a bit slandered, but she was not sure if the senior brother was doing anything behind the scenes, so she could only remain silent.

Yu Xing explained: "This is a general term, referring to the core leadership of the company, who must have the courage to face the wind and rain."

Lu Haiying understood; it was indeed slandered, haha.

Bai Xiaosheng is not bad; Bai Xiaosheng is just a porter of industry news, nothing more.