Volume 8 Final Chapter Chapter 1152 Earning Money on Your Knees
Chen Yicai, and next to her was her old friend An Xiaoli, and her daughter Liu Lingyue, a now famous star. It was unclear how her acting skills were. In Nan Yi's eyes, Liu Lingyue did not fit his perception of an actor. He felt that she did not have an actor's face, and he had a preconceived notion that she could not act, so he never watched any dramas she starred in.
Of course, it doesn’t matter whether he likes to watch it or not, she is famous anyway.
I originally wanted to take a walk to digest my food and to have some peace and quiet, but when I ran into an acquaintance, it was too late to pretend I didn't see him.
Okay, say hello.
"Nan Yi."
Before Nan Yi opened his mouth, Chen Yicai greeted him first, so he had to be more enthusiastic.
"Hey, Old Chen, I haven't seen you for many years. I heard from an old man named Forbes in New York that you have become rich, with hundreds of millions, and you are also a beautiful woman." Nan Yi held Chen Yicai's right hand and patted his shoulder twice with his left hand. There was nothing he could do. The height difference was just right and it was comfortable to pat him.
Chen Yicai frowned, not quite used to having his shoulder patted. After being a capitalist and a financier for so long, he could no longer tolerate such condescending treatment.
"Why are you alone on the street?"
"I can't help it. My wife is working in another place, and my son is serving in the army. Neither of them can come back, so we can only be together as a group of three." Nan Yi nodded at the two women beside him, "Unlike you, you have a beautiful woman by your side. Is good news coming?"
"I will definitely let you know if there's anything good." Chen Yicai said tactfully, "Are you free on the eighth day of the first lunar month?"
"I have to pay New Year's greetings at noon, and I'll be free in the evening."
"I'll call you on the eighth day of the first lunar month and we'll sit down together."
"Okay, you guys continue shopping, I'll go stroll around the front."
The man and the three people said goodbye to each other. Nan Yi continued to walk slowly, while the three people talked as they walked.
An Xiaoli, who was following behind, took two quick steps and came to the other side of Chen Yicai. The three of them formed a line, "Yicai, who is this person?"
"You probably forgot that you met him more than 20 years ago in Xidan."
An Xiaoli thought for a moment and said, "I can't remember."
"Nan Yi, my elementary school classmate."
"Godfather, what does your classmate do?" Liu Lingyue asked beside him.
Hearing Liu Lingyue's question, Chen Yicai immediately said in a friendly manner, "Teaching at a university."
For some reason, Chen Yicai didn't want to introduce Nan Yi as too great. He only said his lowest status and didn't mention anything about his past, although he knew very well that Nan Yi was definitely not poorer than him.
"Professor."
"Lingyue, look there they're selling hydrogen balloons, let's go over and take a look." Chen Yicai didn't want to say more about Nan Yi, so he took the opportunity to change the subject.
"OK."
From the third to the seventh day of the Chinese New Year, Nan Yi maintained the same state as on the second day. On the eighth day, he could finally take a break. For breakfast, he made himself a pot of sweet potato porridge with very thin rice water, pinched some dough into it, and drank two bowls of it with pickles.
I stayed at home during the day, making some tea in cans using the authentic cans I brought back from Jingxi City, listening to folk songs and drinking tea leisurely. I didn't need to go out to pay New Year's greetings at noon. I did that day just to put off Chen Yicai because I didn't want to split my leisure time into two.
The evening chat was really a chat. Chen Yicai revealed to Nan Yi the business he was doing. His main business was still real estate, and his side businesses were scattered. He also invested in a capital company on a street called Wall Street, which was actually Wall Street. Turn left and walk straight for five minutes, then turn right and walk for fifteen minutes. You will see a back alley and walk into it. You can see a two-story building. The first floor is a garage and the second floor is the company office.
It's basically like having a three-square-meter house within the Second Ring Road. Even if you don't tell us the area, it's still quite impressive.
Anyway, after listening to him, it seems that Chen Yicai is doing well, but he also has a problem that many domestic businessmen have - pretending to be rich. That is, he pretends to be richer than he really is, not to fool the general public, but to fool the bank credit system.
People definitely cannot be fooled. Nan Yi heard from Liu Zhen that those who are at the loan opening are all shrewd people. There are only two ways to make them stupider. One is to let them get closer to Chairman Mao, and the other is to send Chairman Mao to live in their homes.
Finally, Chen Yicai expressed his intention to move around more often in the future.
Nan Yi didn't understand for a moment why Chen Yicai wanted to walk more with him at this moment. Was it because he happened to meet her and wanted to play with her, or did she smell something?
I thought about it for a few seconds, but when I had no idea, I stopped thinking about it. Anyway, the other party would definitely stick his butt out before he had any ideas.
On the tenth day, Fan Hongdou came over and we chatted about some business besides wishing New Year's greetings.
At that time, Pan American Investment Holdings had four small sections: the Richest Man, Entrepreneurship Hero Plan, Third World, and Qiongqi. Needless to say, the Richest Man was the main section of Pan American Investment Holdings, and it had invested in many companies in Europe and the United States.
Qiongqi throws money into various investment banks and capitals, acting as a hen to lend others golden eggs, while also letting others share in the silver eggs.
The Third World is responsible for investing in the Third World, mainly investing in economic projects led by various governments. The person in charge of this domestic area is Li Jin, who has invested in several large projects and is currently in the payback period.
The original intention of the Entrepreneurship Hero Program was for people to bring money to invest in promising entrepreneurial projects. In the later period, it underwent several fine-tuning and expansions to support promising investors, give them a sum of start-up capital, and let them find projects to invest in on their own. If they succeed, everyone will happily share the profits, and then wait for the future when they will be fully grown. They will play a game called falling out. If it fails, one side will lose money, and the other side will always have to pay a price, otherwise it will become the scapegoat.
There are six people in China who are responsible for implementing the Entrepreneurship Hero Plan. Most of them are people who studied in the United States and the United Kingdom and worked in investment banks. They have basically become capital tycoons in the domestic industry.
In addition, there is the Scarlett Fund's fission plan. After Luo Shenshen, the experimental product, more than 30 people have been successfully trained and sent back to their homeland. Including Luo Shenshen, there are a total of four people in China who have also become capital tycoons.
In principle, these ten people plus Li Jin are under the jurisdiction of Fan Hongdou. A copy of the reports they submit will be sent to Fan Hongdou. If there are any adjustments that need to be made, they will be initiated by her and sent all the way to the Intelligence and Policy Committee for approval and then to Pan American Investment Holdings.
Fan Hongdou brought two reports to Nan Yi, one was about investing in JD.com, which was run by his former employee Liu Daqiang, and the other was about investing in YesPPG.
When Nan Yi started reading YesPPG's report, Fan Hongdou said, "Godfather, PPG will soon have problems."
"Why do you say that?"
"Look at the investigation on CEO Li Liang on page 3 of the report. When he first emerged in the domestic Internet industry, he boasted that he received a $1 million investment from SoftBank in 1999, founded a wedding supplies website in the United States, operated an online direct sales business, and found a buyer for the wedding supplies website on the eve of the bursting of the Internet bubble in 2000, and made a net profit of $60 million from the resale, digging up his first pot of gold in life."
Nan Yi chuckled, "It's not surprising for entrepreneurs to brag. If they succeed, it's a legendary story, but if they fail, they're just liars. It's just that Li Liang's story is not good enough. Go on, I'll listen and watch."
"I analyzed PPG's operating model last year and found that it had many problems. First, its sales were driven by advertising. An investment of 10,000 yuan in advertising could only bring back 15,000 yuan in sales.
Moreover, PPG's light asset model has big problems. It only has the Internet, call centers and warehouses, and its goods are supplied by upstream factories. However, PPG has no product department, no order follow-up staff, and no quality control department.
Although the advertisement attracted users to make their first purchase, due to PPG’s single product line and very poor quality control and after-sales management, users basically would not repurchase.
As a result, PPG must continue to spend money on advertising to attract new users. As the number of users and sales grow, the amount of advertising investment increases, and the conversion rate will definitely deteriorate. Perhaps in the near future, an investment of 10,000 yuan in advertising will only generate 10,000 yuan in sales, or even less. "
Nan Yi looked up and said, "Have you ever bought a shirt from PPG?"
Fan Hongdou took out a shirt from the bag beside him and handed it to Nan Yi, "I asked my secretary to register ten accounts on PPG and bought ten shirts respectively. Six of them were not as good as the ones sold at the night market stalls for ten or twelve yuan. The other four were not as good as the ones sold at the store for the last three days."
Having said that, Fan Hongdou glanced at Nan Yi and muttered in her heart about her godfather's bad taste.
Nan Yi turned the shirt over to expose the lining, and observed the cut, stitching, and thread ends of the shirt. After a while, he showed the joint of the shirt sleeves to Fan Hongdou, "You can tell from the stitching here that the person who sewed it is a novice. The buttons are also a little crooked. The person who sewed them is probably also a novice, or has a problem with his work attitude."
Nan Yi pointed to several places on the shirt and said, "There are too many loose threads. The factory that produces the shirts probably assigned the process of cutting off the loose threads to the packaging staff."
Nan Yi folded the shirt and put it aside. “Generally, shirt factories have quality control. Before packaging, the quality control personnel will check the shirts once. If there are no problems, they will be packaged. The people in each previous process will add a piece rate, and those with problems will be sent back for rework.
There is no big problem in reworking most links, only cutting and sewing are more troublesome. If the cutting is wrong, the large size can only be changed to a small size. If the sewing is reworked, the fabric will easily fall apart once the thread is removed. Therefore, these two links are basically for veterans, and few bosses dare to let novices do them.
After seeing this shirt, I have two guesses: First, PPG may have been very reluctant to pay, and its credibility is not very good. The promised payment date has been delayed several times, so the shirt factory tried to fool around. Second, there are problems within PPG, someone is taking kickbacks, or some upstream factories are invested and opened by insiders. "
Fan Hongdou asked in surprise: "Godfather, you know so much about shirts?"
"What's so strange? When I was working at Shenzhen Guofa Trading, I went to a shirt factory to follow orders. Later, I went to Suxi and Dachen in Yiwu to inspect shirt factories. I understand the processes of both state-owned enterprises and small private workshops."
"Oh. I haven't investigated the factory situation, so I'm not too sure, but it's certain that PPG's products are of poor quality. I've also asked print media to ask, and they found that many PPG advertisements only require a deposit, and the balance will be paid a few months later."
"Um?"
Nan Yi flipped back two pages of the report and pointed to a line of data and said, "PPG has raised funds twice, a total of 12 million US dollars. Is it so unreliable? Is he another person who treats the company's money as his own and spends it at will?"
"Almost. Li Liang is a man who knows how to enjoy life. In the luxurious nightclubs in Shanghai, Boss Li is well-known."
Nan Yi nodded, read the rest of the report, and then pondered for a while.
a long time.
“My suggestion is to cash out most of our shares when PPG’s data is impressive, and only keep a small portion to prove our status as the victim. Then, when PPG’s problems break out, contact other investors, and force Li Liang to go abroad, creating a persona for him to abscond with the money.
This is the first step, to let the media make a conclusion on Li Liang’s identity, and to make it a little louder so that the investment and Internet communities will know about it.
The second step is to connect with other VCs and PEs, and work together to extend Li Liang’s personal problems to the collective integrity of Internet entrepreneurs, question their integrity, artificially raise the financing threshold, and then force them to lower project valuations and reduce investment costs. "
Nan Yi narrowed his eyes and said, "It would be best to promote unlimited liability in the industry. We can't let them get investment, and then if a project fails, they can easily get investment again by starting a new one. This way, the cost of trial and error is too low for them.
Investors have made mistakes and have to admit their losses. Entrepreneurs cannot let them get away with it easily. Both sides must work together. If we lose money, they will have to sell their houses and cars. Not to mention that they have to buy cigarettes on credit. At least they can no longer eat out casually. Eating a fast food meal with one meat and two vegetables for seven yuan, and then having a bowl of free soup, is the correct way for them to consume. "
Fan Hongdou took a breath and said, "Godfather, you are so cruel."
"Little girl, where is your little butt sitting?" Nan Yi spat, then waved his hand and took Fan Hongdou to the yard. Pointing at the bamboo grove, he said, "The first batch of bamboo seedlings were brought from the south. They are heat-resistant but not cold-resistant. They didn't grow well at first. The good Xiangfei bamboos are now wilted.
I kept the bamboos that grew well and pulled out the ones that did not. After several springs and autumns, the bamboos finally grew into good shape. This is called survival of the fittest.
The domestic Internet market seems to be very large, but in fact, the same track can only accommodate two or three leading companies to check and balance each other, or to form a three-legged race. Under the red line of monopoly, this is the best state.
After several reshuffles in a track, only two or three companies can survive well in the end.
The cards are being shuffled with money, whose money?
Most of it is our investors’ money. It is the entrepreneurs who are eliminated by the survival of the fittest, and a lot of our money is also lost with their elimination. Why don’t we make changes to reduce the loss of funds?
Break the myth of entrepreneurs, lower their status, and make entrepreneurs beg for funds on their knees, instead of treating investors as fools. Angel investors should have the status of angels, and should eat the incense offered by entrepreneurs and make money by listening to their kowtows. "
"Godfather, your idea is difficult. The way we Chinese think is that we like to make others abide by the rules, but we don't abide by the rules ourselves. We are lenient with ourselves and strict with others. Most investors form an offensive and defensive alliance. There will always be smart people who secretly lower the conditions and eat the fattest ones into their stomachs."
Nan Yi smiled faintly, "You are right. There are many clever people in our country who are opportunistic and have made full use of the word 'special'. Most things can only be vague, they can argue in private, and can only smooth things over at the table. If we really want to investigate, everyone will smell like urine.
You talked about the Chinese people's thinking, and I would also like to talk about the Chinese people's thinking. If they see a good project, everyone will flock to it. Except for businesses that the country does not allow, which industry is not noisy?
People who like to be clever usually don't have much money in their pockets. Domestic Internet projects don't have much technical content and are mostly shallow applications. To be honest, there are not many tricks involved than selling vegetables at a stall in front of a vegetable market.
To break out of the siege, one must first be lucky, secondly, be a capable entrepreneur, and thirdly, have enough money to burn. Without investment, even if the entrepreneur is capable of great things, he is still like the Monkey King trapped in the Five Finger Mountain of Tathagata Buddha.
"Journey to the West" is full of exciting 81 difficulties, but the monks, monkeys, and pigs, none of them are the protagonists. To put it nicely, they are like playing cards, through which the winners and losers are determined; to put it bluntly, they are just clowns who add to the fun. What the ending will be, has already been decided by the great god behind them.
The same goes for entrepreneurs of Internet projects. Even if we cannot remove the firewood from the bottom of their pot, we can add firewood to the bottom of another entrepreneur's pot.
When you punish disobedient smart people, you don’t have to be so fussy about returns as you would with investments. You just have to add fuel to the fire until the entrepreneurs supported by the smart people are burned to death, and their investments go down the drain.
It is really not difficult to hurt others with this.”
"Godfather, you are trying to trap the entrepreneur to death." Fan Hongdou has multiple identities, and she shudders when she imagines putting the title of entrepreneur on her head.
"It's not a scam, it's just to protect my own interests and to gain a little more benefits. Youqiong seems to be still in Seoul, you can contact him, and when he leaves Seoul, he will come around and meet you again. You two can discuss it on your own. What I said just now is just a suggestion. It's up to you whether to adopt it or not."
Nan Yi patted Fan Hongdou's soft hands and said, "The weather is nice today. Come with me to Cuan Village to go fishing. I will tell you about my recent thinking on information cocoons."
"Godfather, are you still so interested in new things?"
"It's not new. The concept of information cocoon has been proposed for a long time, but no one has given it a name before."
Nan Yi and the other person got into the car and chatted about the topic of information cocoons along the way.
When they arrived at Cuan Village, they put down their fishing rods and continued the topic. After talking about the information cocoon, they jumped into the Tacitus trap. Then, the topic ranged from one place to another. Fan Hongdou mentioned the stock market, the Xianlin Gang on Longjing Road in Hangzhou, the death squad from Ningbo City, etc., and introduced all the masters of the domestic stock market.
Finally, he told Nan Yi that most of the stocks he held before had been sold and the funds were safely in the pocket. Not only would he not sell the two stocks 600030 and 600109 for the time being, but he would wait for an opportunity to buy them back, as he was optimistic that they would increase by 20 to 30 times.
Nan Yi was stunned when he heard this. He could only count on his fingers to calculate how much money his more than 40 million yuan in the stock market could become. Four times two equals eight, four times three equals twelve, four times four equals sixteen, four times five...
Forget it. One should not be too greedy. If the money increases by twenty times, one should just pack up and run away.
"Wonder Girls , Wonder Girls..."
At the entrance of JYP company, Nam Youqiong was hanging out with a group of young girls, screaming at a nanny car.
He originally wanted to learn about South Korea's fan culture, but he accidentally got into a TTM chat group, where he saw a job that allowed him to get 50,000 Korean won by just shouting a few times at the entrance of JYP in less than half an hour.
This is perfect. You can understand the situation and earn some pocket money at the same time.
After a pretentious interaction between fans, the nanny car left to run an announcement. The paid fans chased the nanny car for a few meters, then pretended to be discouraged and gave up. Then a group of people came to the corner, and the leader who took the job paid everyone for their work. After getting the money, everyone scattered instantly.
Nan Youqiong received his 50,000 won and kept the money carefully.
Busy with work during the day, Nan Youqiong went to Hexagon again at night.
Not long after he arrived, Hexagon's president Shin Sung-hyun brought him a small book that he couldn't tell whether it was a picture album or a photo album. After opening it, Nan Youqiong decided to call it a product catalog.
Each page of the catalog has four photos, and there are three lines of text under each photo. The first line is the name, the second line is the height, weight, measurements and other data, and the third line is the age.
Of the four people on the first page, Nan Youqiong had two familiar faces, as the drama they starred in was a hit on TV recently. Flipping through the pages, he saw several more familiar faces, and by analogy, he estimated that the unfamiliar ones should also be artists.
Quickly turning to the last page, Nan Youqiong raised the small notebook in his hand and said, "President Shen, what does this mean?"
Shin Sung-hyun said with a smug look on his face, "If President Nan is interested in any artist, you can tell me the name and someone will contact them on your behalf."
Nan Youqiong shrugged, "So, they are more noble than Miss Eun-hee and the others in Chairman Cui's store?"
"President Nan, you don't know that the artists above are probably different from what you think. They have been keeping themselves clean and waiting for the favor of a big shot."
Nan Youqiong understood. This was a higher-level existence. Someone was imprisoning or raising them, just to give them to some powerful big shot for enjoyment. Or perhaps it could be said in another way that they were all waiting for a sponsor to appear, relying on the sponsor, and only being seduced by one person.
Nan Youqiong opened the little notebook again and read it carefully from beginning to end.
