Chapter 330 But I was born with it!

In the early morning, the sun is shining and the water is gentle, it is a good day.

Zeng Liang stood beside the trash can in front of the office building, rubbing his hands in pain and looking around. After a moment, his old face suddenly became lively and he took out a cigarette box from his pocket with quick movements: "Morning, Mr. Xie!"

"Morning, have you had breakfast?" Xie Jingxing raised the two pancakes he bought from a street stall to signal.

Zeng Liang could not help nodding: "I have eaten, I have eaten, let me have a cigarette to refresh myself."

"I don't smoke." Xie Jingxing declined politely.

"Not smoking is good for health. My family members urge me to quit smoking every day. I tried several times but ended up getting even more addicted after relapse."

Zeng Liang blocked their way without any reason. For three consecutive days, they were all staring at each other in a conference room. Everyone was more or less familiar with each other. Out of courtesy, Xie Jingxing stopped and waited for him to finish smoking before entering the office building.

They chatted about this and that for a few minutes. Seeing that the cigarette butt was about to burn his fingers, Zeng Liang smoked one more cigarette seamlessly as if he had rehearsed it, and continued smoking for a few minutes.

"Hey, I really should quit smoking. My body can't take it if I continue like this."

Zeng Liangzhuang casually glanced at someone not far away and greeted him enthusiastically, while handing over the cigarette box again: "Morning, Mr. Wang!"

"Good morning." Wang Xing, who was walking towards him, just nodded.

Zeng Liang invited enthusiastically: "Have one, there are still more than ten minutes before the meeting, so you will just be waiting if you go in."

Wang Xing hesitated for a moment, then walked to the trash can with a calm expression and took the cigarette box. Lao Zeng, who was shouting that he wanted to quit smoking, smoked another cigarette.

The morning breeze was blowing, he lowered his head to protect his clothes and lit a cigarette, his sparse hair that was hanging weakly in front of his forehead fluttered in the wind involuntarily, making him look inexplicably haggard and miserable.

"Sorry, I have to take a call, you guys chat." Zeng Liang dealt with it perfunctorily, took two puffs of his cigarette, and left with the excuse of having something to do.

Baidu has withered, and he has withered too, but he is still being held back.

For three consecutive days, I had to report to the office building on time every day to attend the meetings, which lasted from morning to midnight. It was more torturous than working 996.

The leaders did not give any specific guidance, but just kept repeating the four words of harmony and friendship.

Zeng Liang realized that he could no longer hold on, so he summarized the rules and used the only possible private conversation space. He waited next to the trash can early in the morning and carefully created this encounter.

I beg the two princes to have a good chat and not make things difficult for him, the study companion.

"Baidu really doesn't want to fight anymore."

Xie Jingxing looked at Zeng Liang, who kept looking back at him even after he walked away, and made a thoughtful comment.

Wang Xing was about to throw away his cigarette when he stopped: "They want to raise funds."

"You vote?" Xie Jingxing raised his eyebrows.

Wang Xing asked back: “You don’t want to invest?”

"I don't think highly of Baidu's food delivery business. The group buying business is too expensive, and Robin Li is too arrogant." Xie Jingxing explained seriously.

Wang Xing blew out smoke awkwardly: "The ceiling of the food delivery business is high, and Nuomi.com has a complete and mature business model."

"For now, some investors are still optimistic about the food delivery business because the industry's growth has not yet peaked. But what about another three or five months? Once the population base dividend is fully tapped through market subsidies, no one will be willing to spend a lot of money to invest in the food delivery business."

Xie Jingxing added thoughtfully: "As for group buying, in a highly competitive stock market, a complete and mature business model is not necessarily a good thing."

At the current rate of spending, the number of people in China who own smartphones and have never ordered takeout is decreasing day by day. In another three to five months, when the industry’s growth rate slows down, the growth ceiling will appear.

When capital rationally calculates gains and losses according to the investment methods of the existing market, rather than gambling-style investment at all costs in the incremental market, Meituan will face greater financing pressure. I will burn your last penny.

As for group buying, complete maturity means that it tends to become rigid and solidified. If Meituan becomes increasingly rigid in this fiercely competitive existing market, you will be even more doomed.

Xie Jingxing threw the pancake into the trash can and patted his non-existent hands.

"Then the reverse also makes sense: the takeaway business is too expensive and Nuomi.com is not up to par."

Wang Xing smiled and said, since you know everything, why do you keep burning money? Aren't you a clown?

Xie Jingxing couldn't help but frown: "From the perspective of venture capital, you can say this, but from the perspective of the company's own long-term strategy, it is not entirely true. There is room for imagination in value-added services."

"It's not convincing." Wang Xing exhaled the last puff of cigarette and extinguished it.

Xie Jingxing was silent for a few seconds, then suddenly laughed: "Yunhe catering crowdsourcing business is expected to have revenue of over 6 million yuan this year, with workers... to be precise, they are food delivery riders, providing human resources services for Ele.me, Meituan, and Baidu at the same time."

"Is the market scale large?" Wang Xing was slightly startled and then continued to ask calmly.

He really didn't know that while Meituan and New DAE were fighting each other to the death, Yunhe Logistics' delivery riders were also fighting each other on both sides.

What is this, a highway infrastructure business that collects tolls?

"I haven't learned about it in detail. But based on the same-city delivery capabilities of the catering crowdsourcing business, we also have logistics crowdsourcing services, same-city express delivery and self-operated large-scale cargo handling businesses."

Xie Jing Xing shook his head helplessly: "It's too detailed, I can't manage it, basically I just start and throw it to the people below to do it."

"If these are considered value-added services, what do you think from an investor's perspective?" Wang Xing got back to the point. Xie Jingxing said without hesitation: "You can't chew too much, but as long as there is sufficient cash flow to help digest, you can always chew a few and create some high-quality value-added services."

"Food supply chain, fresh food supermarkets, pre-prepared meals... New DAE has a lot of layouts."

His smile looked hideous: "And from the perspective of Yunshan Group, these are not just value-added businesses, they are strategic heights that we must stand on."

"Haha, I wish you success."

Wang Xing reacted by gritting his teeth and pursing his pale lips to resist his impulse. Finally, he sneered and turned away.

The business that Xin Da E was doing was exactly what he wanted to do, but the endless group purchases of takeout food burned so much money that he couldn't spare any money to invest. However, Xie Jing Xing still had the energy to leisurely place his chess pieces.

It all comes down to cash flow!
The Entrepreneurship Campus Network was suffocated by a mere few million yuan in investment, so when he started Meituan, he told himself countless times that one should not step into the same river twice.

Now he is still standing on the shore, not because he stepped into it on his own initiative, but because the river has expanded into the ocean and spread to his feet, which may drown him at any time.

"500 billion, 500 billion is enough to conquer the world!"

When Wang Xing thought about the rumors he had heard recently, the passion in his heart could not resist the chill in his bones.

"If I had to choose again, I would have a good talk with you."

A calm voice came from behind him. Wang Xing paused, exhaled slowly, turned around expressionlessly, and calmly accepted the final statement.

"We first met at the Shanghai Global CEO Summit in late autumn of the year before last. At that time, I was a bit frivolous and too self-righteous. Cheng Wei and Zhang Xuhao both made me pay for that, but looking back today, you may have made me pay the most for that."

Xie Jingxing sincerely raised his wrist and emphasized: "Maybe if I had given you the respect you deserved at the beginning, even if I had just spent 20 minutes to invite you to sit in the coffee shop and been a little more humble and communicated well, there wouldn't be so much trouble later."

"20 minutes, and for these 20 minutes, I spent tens of billions. This feeling is really terrible." He shrugged with a wry smile.

Wang Xing joked: "There's no need to do that."

"No, I'm not playing the emotional card. I mean, I have to make up for the mistakes I made. As long as Meituan exists, I will feel embarrassed, so I have to fight you to the end."

Xie Jing Xing stepped forward step by step, looking him in the face: "And I have to let you know that the essence of your current situation is not that you have suffered a second cash flow crisis. All the strategic arrangements you can imagine are being realized one by one in my hands."

"If I win in the end, you didn't lose to cash flow, you lost to me." He spoke every word seriously.

You are deceiving yourself and are unwilling to let the business philosophy you believe in lose for the second time to a young opponent who seems to only know how to burn money.

——Wang Xing heard a buzzing sound in his ear, and Wang Huiwen’s words exploded in his mind.

"If you didn't have cash flow to squander, you and Xinda E wouldn't have come this far, let alone advance the ecological layout of value-added services!" He lost his composure and looked at you angrily.

"But I was born with it!"

Xie Jingxing walked forward calmly, leading the spring breeze, passing Wang Xing and walking up the tall steps, like an elephant king traveling.

When he reached the main entrance of the office building, he picked up the phone and said a few words. Then he turned around and trotted back up the stairs with brisk steps, like a baby returning from swimming.

"Mr. Xie, where are you going? You can't be absent from the meeting, or you will be punished." Zeng Liang appeared out of nowhere and rushed forward to persuade him.

"Punish him."

Xie Jing Xing smiled and got into a car. He disappeared from sight in an instant, leaving only a faint trace of exhaust fumes floating in the air.

"No, his father is a high-ranking official?!"

Zeng Liang was dumbfounded in disbelief. He didn't even bother to pretend and didn't even bother to put on a show and just stood up.

One party was absent temporarily, the meeting was suspended, and then inexplicably terminated.

The specific punishment measures were discussed at an internal meeting. Zeng Liang and Wang Xing returned home and waited for their fate with Xin Da'e.

…………

The next day, before the internal discussion meeting started, another piece of news shocked the market.

[On May 5, New Dang E announced that the company launched a $8 billion E round of financing, led by Yunshan Group and Wanda Group, followed by Tencent Group, CITIC Industry Fund, Temasek Sovereign Fund, China Cultural Industry Fund, Chinese Culture Fund, and China Construction Bank Cultural Industry Fund...]

[US$100 billion valuation - with a star-studded investor base, New Dang E has created a new valuation record for local life service providers! The financing will be used for platform technology development, upstream and downstream supply chain optimization, brand promotion, etc. 】

[Regulatory attitudes are unpredictable. With another $20 billion, we have reason to believe that Xie Jingxing has done what he said, burning more than billion yuan, and the subsidy war is endless. So if Wang Xing says that he is a monk with only a little obsession left, then what is Xie Jingxing? Why do people usually compare founders and investors? How do you evaluate Xie Jingxing and Wang Xing? ]

On the question-and-answer website Zhihu, when someone asks a question, there are hundreds of answers below, ranging from denouncing commercial monopoly to analyzing capital operations.

Among them, there was a post marked by the editor as one that I answered personally and was placed in the recommended reading position. It only had a few short words - Don't be attached to the past, just move forward with all your heart.

User real-name authentication, Meituan founder/CEO Wang Xing.

"People with ideals tend to have short lives." Xie Jingxing said with a smile.

Putting down the phone, he picked up the baby and rocked him gently with increasingly skilled movements, thinking to himself that you were born with this gift!
(End of this chapter)