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Chapter 33: 032 Acceleration

~8 min read 1,515 words

Yu Xing considered some responses to big companies.

But regardless of whether NetEase comes or not, Gui Ai Wang

The next day, Yu Xing informed Lu Lu Haiying of the latest situation as well, while Zhong Zhong Zhiling described the grassroots company's response while she was worried.

Big companies aren't strong in everything, and small companies aren't weak in everything.

If they can respond appropriately, Romance Net can actually leverage the momentum to develop.

"We need to be faster."

"We need to allocate budget, promote new people, build teams, and replicate the Jin Ling experience to other cities as soon as possible."

"Xiao Ying, communicate with the people on your team again this week to see if anyone is willing to go to the capital or Yangcheng."

"If they are willing to lead people there, I previously held 10% of the shares on their behalf, which can be appropriately taken out as bargaining chips."

Yu Xing did not pin his hopes on the opportunities brought by NetEase Innovation, but he did indeed feel that he needed to be even faster. If they split their forces to the capital and Yangcheng, Romance Net's golden time for these next one or two months would be to conduct business in five cities.

Lu Lu Haiying nodded solemnly: "Mm, the capital and Yangcheng—we don't know the people or the place, so everyone will definitely be very hesitant, but... I see that some interns are quite ambitious."

Yu Xing instructed: "Try it boldly; there's no harm if you fail."

"It's just that our capital turnover..." Lu Lu Haiying raised a question, "If we do several cities at once, will the capital chain be a bit tight?"

"Tightness is normal." Yu Xing pondered for a moment, "But some materials and rent won't be too high. If it really comes to it, I still have 15,000 in my hands; whichever side is short on money can have it invested. Also, before Zhong Zhiling goes to Lin'an, he can make another trip to the bank to apply for the university student entrepreneurship support; there's still a 20,000 loan for that."

Zhong Zhong Zhiling hesitated for two seconds: "That loan seems to be in an individual's name."

"If you have too many lice, you don't itch," Yu Xing replied concisely and forcefully.

Zhong Zhong Zhiling controlled his emotions, and after his girlfriend left, he couldn't help but ask a question: "Brother Xing, that 15,000 you mentioned—this number is very familiar."

Yu Xing verified the third-in-command's conjecture: "Yes, it's the 15,000 you gave me."

Sometimes Zhong Zhong Zhiling felt he really should be numb to it.

However, his mood still rippled uncontrollably.

"Brother Xing, if our company doesn't do well," Zhong Zhong Zhiling had a heartfelt sentiment before working, "really, if this company doesn't do well, you can just kill me then."

Yu Xing watched the back of his junior brother as he left, also feeling very moved. What a good person his junior brother was; even assuming the worst-case scenario, he wouldn't kill him, but rather let him kill him.

If this isn't a good person, what is?

Yu Xing thought about future work while handling daily tasks in the university town, and he also communicated with two team leaders who were performing well; if they were willing to go to Shenzhen with him, their room and board would be covered.

After half a day of thinking, the two team leaders gave their answer—they were willing.

Yu Xing was quite happy about this, and that evening he ate with these two, taking the opportunity to chat about the company's future and team building.

The next morning, Yu Xing began to set about matters for heading to Shenzhen.

He called his master's wife to confirm she was home, went to buy gifts, and then came to say goodbye on behalf of his junior brother.

"Master's wife, this is a shaver I bought for Master, this is bird's nest to nourish you, and there's a doll for Shanshan."

"I bought these with my own salary."

Carrying the gifts, Yu Xing explained the money he had spent with no small amount of pride, facing the nagging of his master's wife.

"Hey, hey, Mr. Yu, did you forget to buy an extra portion?" Liu Liu Wan Ying came out of the room upon hearing the sound, just in time to see the scene of Yu Xing distributing the gifts.

Yu Xing was also taken aback: "Sister Ying, didn't you say you were going back to Xiangjiang to work?"

"I am going to, but I haven't left yet." Liu Liu Wan Ying rolled her eyes.

Yu Xing felt a hint of awkwardness, so he had to spread his hands: "Alright, Sister Ying, then I've brought a few questions for you."

Liu Liu Wan Ying turned to go back to her room.

Master's wife Yan Yan Lirong called out twice: "Xiao Ying, Xiao Ying, just chat, it doesn't hurt."

"He never pays the consulting fee." Liu Liu Wan Ying complained.

Seeing that her sister-in-law had already turned back, Yan Yan Lirong said with relief: "I heard your Master muttering to me, saying that this company really has shown improvement. Your junior brother called him yesterday, saying that you guys received 100,000 in revenue just this week—that's really quite good!"

To be precise, it was 103,298 in revenue, totaling 342 university student orders and 2 counselor orders.

Yu Xing poured tea for Sister Ying and said with a smile: "This is the company's revenue, not what we can get our hands on; most of this money belongs to the employees."

"That's still pretty good." Liu Liu Wan Ying commented.

"So, Sister Ying, do you think I can find money if I go to Shenzhen to find investors? I want to accelerate development one step further." Yu Xing didn't want to waste time and went straight to the point.

Liu Liu Wan Ying thought for a moment: "Go find investors? Why is my first reaction that you're about to run away?"

Yu Xing was caught between laughter and tears: "Absolutely not running away!"

"Then there's nothing much to say about meeting investors. There isn't much meat in a small track, and not much room for imagination. As for the big tracks, there are already established players like Century Shiji Jiayuan, Zhenai, and Baihe," Liu Wanying said casually, "And these three don't know when they'll notice you; they can intervene at any time. Your project isn't safe."

She added: "Also, I read the latest version of the report you sent me. That number was embellished. Will you tell investors the actual probability you estimated? If you do, it's easy to leak; if you don't, you can't convince people."

Yu Xing was unconvinced: "Why can't I convince people?"

"The probability isn't low enough, and the revenue doesn't cover the final funds to be redeemed." Liu Liu Wan Ying took a sip of tea.

"If it's a business argument, then we can keep having new customers and keep getting new money." Yu Xing argued his case.

Liu Liu Wan Ying smiled: "This investment logic is hard to convince investors with. If business development suddenly slows down, the pressure for redemption will appear. No one invests like that."

"Why not? Doesn't everyone still buy social security?" Yu Xing gave an example.

Liu Liu Wan Ying retorted: "Can you compare this to social security?"

Yu Xing explained: "Yeah, you can't compare them, so I don't charge much either."

Liu Wanying thought for a moment: "Let's put it this way: I advise you not to be naive. How did the founder of Zhenai, Li Song, get his investment? He himself was from Morgan Stanley, and his wife is Xu Xin—that's the Queen of Venture Capital."

"As for Gong Haiyan of Century Shiji Jiayuan, she's from Fudan, and the two people running Baihe are from Tsinghua."

"Resources in this area don't come out of thin air. If you go looking for investors here, the investors might just turn around and call those three websites to sell a favor, and your own company will be in trouble instead."

Yu Xing pursed his lips and said sincerely: "Sister Ying, can you introduce any investors you are familiar with? I will definitely not be stingy with the shares in my hands as a token of gratitude."

Liu Liu Wan Ying smiled: "That really won't work. You'd better develop the company first; who knows when you'll face a threat."

Yu Xing was slightly disappointed, but immediately talked about the NetEase matter and discussed his idea of leveraging the momentum.

When Liu Liu Wan Ying heard about the threat from NetEase, her brow furrowed immediately, but the more she listened, the more it smoothed out.

By the end, she couldn't help but praise: "Turning a threat into an opportunity—tsk, indeed, entrepreneurship still requires someone with a dark heart like you. Perhaps this is talent."

"Where is there any talent?" Yu Xing quoted, "I have no other secret, only that my hand is practiced."

Nothing else; having been cheated enough times, one just gets practiced.

◈

End of Chapter

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