Chapter 63: 062 Fireworks Blooming (10,000 words seeking monthly tickets)

Bad news, Yu Xing suspended his graduate studies and went to start a business.

Good news, Yu Xing's business was successful.

Bad news, the financial management failed.

Good news, the money Yu Xing earned is enough to fill the deficit.

On the night of September 14th, as Yu Xing narrated his entrepreneurial history, Yu Guosheng and Chu Qiying were surprised, worried, panicked, and happy. Their son had matured in an unexpected way.

Regardless of Yu Guosheng or Chu Qiying, they never thought that Yu Xing could open a company, or in other words, according to the current path of development, their son should enter a hospital in two years and become a doctor wearing a white coat. 【63-

By the time Yu Xing finished speaking about what had happened in the past three months, Yu Guosheng and Chu Qiying were speechless for a moment.

After a long while, Yu Guosheng tried to clarify one question: "You mean, the company isn't making money?"

"If I wanted to squeeze, I could squeeze out some money, but it really isn't making money right now," Yu Xing replied. "However, the company not making money doesn't mean the shareholders aren't making money."

Yu Guosheng stared at his son: "Are you sure your company can be sold? If others want to compete with you, won't the value of your company drop rapidly?"

"That is a problem, but the strategic process of large companies is relatively long," Yu Xing took a sip of water to moisten his throat. "So, what I'm saying is, taking advantage of the meeting on the 23rd of this month, no matter if it's a little more or a little less, this money should be pocketed for safety."

Yu Guosheng looked at his son without speaking.

After a while, he turned his head to his wife and sighed with emotion: "I just said that reading those stories of world-renowned entrepreneurs to him during prenatal education was useful! Look! If he hadn't chosen to study medicine back then, our family would have already produced a big boss!"

Chu Qiying responded with one word: "Bah!"

Yu Guosheng got up and paced around the living room, then asked his son: "Then if you sell this company, what will you do later? Are you still going to study for a master's degree? You've studied medicine for several years, this... is a bit of a waste."

He suddenly had an idea and said: "Can you combine entrepreneurship with medicine? That way it won't be a waste."

Yu Xing gave a thumbs up; his father's line of thinking was good.

Subsequently, he decisively replied: "No."

Yu Guosheng: "..."

Yu Xing continued to answer the question: "We are already preparing for the second project, which is to build a community website for the workplace. We have already received the approval of an angel, and she intends to invest money, it's just that the investment amount still needs to be confirmed. I estimate that it can start with at least a few hundred thousand."

Chu Qiying asked suspiciously: "Angel?"

Yu Guosheng helped explain: "That is an angel investor, right, specifically for investing money in startups."

Yu Xing nodded: "Yes."

Yes, that angel was just waiting for the financial crisis to see how much money was left, and then she could invest.

If, she kept her word.

"You are going to make a website, will that work? Can it make money? Oh, or do you still have to sell it to make money?" Yu Guosheng asked.

Yu Xing was slightly hesitant: "This remains to be seen. If we can build scale, at the very least we can maintain operations, but I have a different positioning for it. It all depends on looking further ahead. Anyway, just do it first."

Yu Guosheng and Chu Qiying looked at each other; talking any further seemed to be beyond their depth.

"You this..." Yu Guosheng felt the alcohol kicking in again. This thing, this thing... can this still give his son some experience now?

He thought and thought, but still said earnestly: "Although your current company has some achievements, you still have to be humble. You only made a small company. Look at those predecessors, look at the many large companies above, and the giant companies above the large companies. You must be humble in your conduct."

Yu Xing snapped his fingers: "The Director's insight is profound."

Chu Qiying instructed: "If you're going to say it, say it completely."

Yu Xing followed the advice and added: "The Fourth-Level Chief Staff Member's insight is profound."

Yu Guosheng said resentfully: "Your wings have hardened, you have money, you're a big boss, and you look down on your old man."

Yu Xing spread his hands: "My mom requested it. Anyway, the financial management loss was my fault, but the entrepreneurship has some temporary achievements, and the family will be better off in the future."

The couple couldn't help but look at each other again; their son was indeed different.

Regarding the family's financial management, there were different opinions when investing last year. At that time, after the first round of investment profit, it was Yu Xing who insisted, and then there was the second round of profit. Now it belongs to the third round, and as a result, something went wrong.

But to be so straightforward about making a mistake after something went wrong...

"It wasn't your money, after all, it was your old man who made the final decision, and after all, your old man also followed along with the greed," Yu Guosheng shook his head. "Although you are successful in entrepreneurship now and can make up for the money, this responsibility cannot just be pressed onto you."

He thought for a moment and said seriously: "If you calculate carefully, this is the result of organizational discussion and belongs to collective decision-making. How can you personally take the blame?"

Upon hearing this, Yu Xing immediately nodded: "Okay, Dad, when this financial management matter is exposed, you can use this tone with the relatives. After all, everyone was willing to invest, and no one forced anyone to take out money for financial management."

The couple both fell silent.

Yu Xing continued: "A few days ago, my aunt called me..."

Chu Qiying immediately became anxious: "Why did she call you! Really! When something happens, they start blaming this and that, and even blame it on the child!"

"Mom, let me finish. Aunt said she sold her house and invested the money in financial management," Yu Xing said earnestly. "No one forced her to sell her house for financial management. I introduced Yu Xuhui to the family last year, but the decision for this financial management and the scale of investment were all made by each family themselves."

He signaled for his parents to let him finish: "Also, from what I heard from my aunt, it seems my second uncle also mortgaged his house. How much money did they actually invest in total?"

Chu Qiying sighed: "Did they all call you? I thought you didn't know. When your dad was cooking, he heard the news about the United States on TV and called me over, not letting me ask you about this. Sigh, they probably invested quite a lot, adding up to two or three million."

She hadn't tallied it up, just vaguely felt it was about that scale.

This financial investment started last year. At the beginning, they didn't invest much. It was only after truly seeing the rebates that they slowly increased the scale. But even so, Chu Qiying and Yu Guosheng only invested their savings and kept some liquid funds on hand.

They only learned from the phone calls from relatives these past few days that they had invested to the point of obsession; it was clearly a financial storm within the family.

Although everyone is generally considered well-off, such a loss is definitely a massive hemorrhage.

"So, even if I could admit to this debt, the money from selling my company wouldn't be enough to fill it completely," Yu Xing said calmly. "Then I can't admit it. This money of mine is for continuing my entrepreneurship, but it's not that I don't admit it at all. If any family has an illness or an emergency, whether it's my aunt, my uncle, my brother, or my grandfather, I can't bear it either."

Chu Qiying nodded and sighed: "Yes, it's all blood relations, you say this... wait, your grandfather?"

She widened her eyes and asked again: "Your grandfather??"

Chu Qiying was so shocked she even asked: "Which grandfather of yours???"

Yu Xing replied silently: "Your dad."

Then he added: "It is said that my aunt instigated it."

Chu Qiying: "..."

She opened her mouth but couldn't speak.

If that's the case, is the scale of the financial management even larger than it felt?

She suddenly felt a little horrified.

Yu Xing gave his father a look and said in a calm tone: "So, don't say that the company hasn't been sold yet and there are variables; even if I had a sum of money in my hand right now, I wouldn't be able to shoulder this responsibility."

Song Yufeng was almost convinced by this sentence.

He finally asked, "General Manager Yu, doing it this way, will it be a bit dangerous?"

Yu Xing said, "Are hard bones afraid of this?"

Song Yufeng's hard bones suddenly wanted to soften back up.

Yu Xing said earnestly, "I think such a company has a great chance of making it. By then, you can complete a gorgeous transformation from behind the lens to in front of the lens, and you can also be interviewed by Penguin—just call that Kong Huilin again."

Song Yufeng nodded slowly. If you don't enter the tiger's den, how can you get the tiger's cub? Hard bones have to stand up and earn money! ===== CHAPTER 57 =====

Yu Xing criticized: "Comrade Old Yu, we must all be responsible for what we say. We cannot speak empty words, exaggerate, or use clichés. You are also an old comrade. The more special the moment, the more we need to seek truth from facts and be able to solve problems in a targeted manner."

Yu Guosheng couldn't help but sit up a bit straighter and said seriously: "Comrade Little Yu, please talk about your opinion." Chu Qiying listened to the conversation between the father and son, feeling both angry and amused, but soon realized that they were using this way to relieve their heavy hearts.

"I have two points of opinion," Yu Xing said earnestly. "First, help in emergencies but not in poverty. Within our capabilities, we should prioritize ensuring the basic living security of our relatives, consider helping to solve their urgent living needs, provide necessary assistance, and get through the difficulties together."

Yu Guosheng nodded slightly.

Yu Xing pondered for a moment and continued: "Second, the source of the financial management indeed came from me. It is inevitable to encounter irrational emotions from everyone after the loss. We need to break them one by one. For those with a personality like my aunt, we must resolutely struggle; for those like my second uncle, we need to be gentle."

He thought and said: "My aunt has a fiery personality and can instigate people. We must suppress her momentum in one fell swoop. We can communicate with my second uncle first, telling him that there are still savings at home that can be used for emergencies, but the amount is small. If it is taken by others, there will be no way to help him cope with the mortgage repayment. Let's unify the front first."

"And my grandfather, he is old, this storm must be kept from him. My aunt-in-law (my uncle's wife) also has a somewhat direct temper. Regarding the money, the explanation to my aunt-in-law is the same as for my second uncle. Besides, isn't my cousin about to graduate? I can help him find a job here. If it really doesn't work, he can come to my company. Hmm, just let my aunt-in-law have a quarrel with my aunt."

Yu Xing knew who the "thorn" was among the relatives.

Chu Qiying listened to her son's arrangements, dumbfounded. Had he thought of everything?

Yu Guosheng stayed stunned for a while, then suddenly let out a long breath and said: "Son, I have some doubts about your entrepreneurial history just now."

Yu Xing looked at his father strangely. They were talking about the situation of the relatives, why change the topic?

Yu Guosheng looked at his son with bright eyes and asked: "That junior brother of yours, how did he easily drop out of school to start a business with you? And that reporter, he was working well at NetEase, and you hadn't known him for long, so how did he suddenly have a change of heart, preferring to give up his job to stand up and testify against the company's leadership?"

Although he was in a quiet department like the Agricultural Machinery Bureau, and although he might never be able to advance further, Yu Guosheng still had some sharpness.

He just felt that there was a strange flavor in the entrepreneurial history narrated by his son.

Yu Xing was a little surprised, revealed a smile, and replied: "Comrade Old Yu, history should be rough rather than detailed. Those are all irrelevant things from the past. What is placed before us now is this special situation."

Yu Guosheng agreed. He thought for a moment and said: "Since that's the case, then I will add two points."

Chu Qiying let out a breath.

"First, Yu Xing, since your entrepreneurship has achievements, and since the next project has already been recognized by angel investors, this path is indeed feasible and worth protecting. The money you have now can be used to help everyone after you earn more money."

"Second, no matter your uncle, your aunt-in-law, your aunt, or your grandfather, these are all relatives. I don't want to morally kidnap you. From my principles of conduct, money is enough if it's about right, and life is enough if it's about right. Being able to let everyone live more comfortably, I think it can also make me feel comfortable in my heart. However, everything is done to the best of one's ability."

Yu Guosheng was very serious.

Yu Xing nodded: "Okay."

Yu Guosheng looked at his son: "Uh, do you have anything else to add?"

Yu Xing said simply: "No, anyway, I'll see how it goes."

Yu Guosheng thought and deliberated, then finally looked at his wife: "Comrade Little Chu, do you have any constructive opinions on this matter?"

Chu Qiying was silent for a while, shook her head and said: "No, I have to think about it."

Yu Guosheng made the final decision: "Okay, let's all think about it, everyone think about it. Perhaps, perhaps, things aren't that bad."

He carried forward the spirit of optimism.

However, things were indeed very bad.

That night, Yu Xing slept very well; he saw the results of his efforts, while Yu Guosheng and Chu Qiying didn't sleep all night, chatting about their son's entrepreneurship and the financial storm.

By the next day, after the two got up, they saw their son watching TV in the living room, and everything was even more real.

Chu Qiying rushed over, snatched the unlit cigarette from Yu Xing's mouth, and scolded: "Learn something good!"

Yu Xing shrugged and continued to watch TV. Just like yesterday, there was a lot of discussion in the news today about the financial situation in the United States.

"What exactly is going on with the United States?" Yu Guosheng, with panda eyes, sat down beside his son.

"Subprime mortgage crisis, and then there's some CDO, CDS stuff," Yu Xing answered vaguely, and then said, "I was thinking when I was brushing my teeth this morning that I could go study for a master's degree in finance in the future and learn more about these. I haven't tried it 'before', and unknown things are always a bit scary."

Yu Xing had never been involved in the financial field, whether in reality or in dreams; he only knew how to work hard to earn money and save money. Now that he thinks about it, if he could learn some financial knowledge, perhaps he would have a better way now.

But after he finished saying this, he thought of Liu Wan Ying. She must have some understanding. He didn't understand it himself, but recruiting talent in this area might also be possible.

Yu Guosheng said with some relief: "Learning more is good. You are not complacent, that's even better."

Because Yu Guosheng and Chu Qiying got up relatively late, breakfast was quite rushed.

By the time they all went to work, only Yu Xing was left at home. While continuing to watch the news, he called his uncle to invite him to lunch.

Although he said yesterday that he would let his aunt-in-law confront his aunt, in fact, the one who loves him the most is his uncle, and he could talk more sincerely today.

Near noon, his uncle Chu Jinxiang arrived, and as soon as he entered the door, he saw his nephew cooking.

"Oh my, I thought your mom was at home. Why is it you, this top student, who is cooking?" Chu Jinxiang asked with a smile. "Xingxing, when did you come back? Why didn't you come back during the summer vacation? Isn't school starting now?"

Yu Xing put the food on the plate and laughed: "I came back yesterday, planning to learn how to grow grapes from you. My mom isn't coming back for lunch today. Today, let you taste your nephew's craft."

Chu Jinxiang smiled and squeezed his nephew's shoulder, asking about his life and love situation at school.

Yu Xing chatted for a while and then let his uncle go to the living room to watch TV.

At 11:50, the food was on the table, and two glasses of wine were poured for a small drink.

Chu Jinxiang was very happy with this lunch. He gave a high evaluation of his nephew's craft—it had the style of his father.

At 12:40, the uncle and nephew finished eating, the table was cleaned up, and they sat on the sofa, watching TV while chatting.

Chu Jinxiang was originally chatting idly, and as they chatted, they talked about growing grapes, but to his surprise, his nephew was not an outsider when talking about growing grapes.

He was a little confused: "Xingxing, did you recognize another uncle outside? How did you learn to grow grapes from an outsider?"

"I see that Xiaoguang doesn't intend to grow grapes with you, so I can't let the unique skill be lost," Yu Xing laughed.

Chu Jinxiang shook his head, also feeling a bit helpless about his son who was messing around.

Just as he wanted to talk about his son's situation, the news on TV suddenly interrupted with a message.

—Lehman Brothers announced bankruptcy, becoming the largest investment bank bankruptcy case in American history.

"Lehman Brothers went bankrupt..." Yu Xing muttered to himself.

Chu Jinxiang didn't react: "An American bank went bankrupt, right? What does that mean?"

Yu Xing sighed: "It means that we are probably going to witness the blooming of a smoke."

Chu Jinxiang was bewildered:?

Yu Xing stared at the TV screen, his heart surging.

A few seconds later, his mobile phone received a text message, which was sent by the potential angel investor.

Liu Wan Ying: Wow really ah see ga de ga ha ga ga.

Yu Xing understood. The text message was pressed randomly on the mobile phone keyboard, and it seemed to be two words—shocked.

After a while, the potential angel investor sent a second message.

Liu Wan Ying: Damn!

Yu Xing replied to the message, comforting: Welcome to invest, a blessing in disguise, who knows if it's a misfortune?

Liu Wan Ying: I'm convinced, I'm really convinced, you are really a crow's mouth, my money...

Almost at the same moment, Chu Jinxiang finally reacted and asked a similar question: "Xingxing, you said this bankruptcy, does it affect our money?"

Yu Xing answered affirmatively: "It affects it, our money is in it."

Chu Jinxiang was stunned for a long time, looked up to the sky and sighed: "It's over! How many grapes do I have to grow! My grapes! My money! My grapes! It hurts so much, grapes!!"

Yu Xing rubbed his face and said sincerely: "Bai Jiujiu, let me tell you something. One night three months ago, my fellow junior brother Zhong Zhiling..."

(End of chapter)