Tao Liangchen
Chapter 96 Stability Above All
After the conversation, Su Yehao felt reassured.
Between father and son, it was only a short few-minute conversation, yet it involved quite a few things.
First, he got permission to use tens of millions for investment, so he didn't have to worry about helping to select projects in the near future, only to have it be all for naught.
Second, the mainland extended an olive branch, which made Su's father consider going there to participate in land auctions.
Third, his idea of getting involved in the tile industry received preliminary support.
This was only 1997.
The price of land in the north had risen sharply compared to the previous years, but it was still not high.
As long as he chose the right location, even if he didn't develop it in the short term, holding onto it would yield extremely considerable profits.
Su Yehao's old profession was real estate.
If asked which areas had the largest increases, he could point them out with his eyes closed, the first choice of course being the core areas of several super-first-tier cities.
All in all, it had been a month since he became Su Yehao.
He was finally bringing his family's business back on the right track. He was very gratified and at ease.
It would be difficult to spend all of his family's wealth just by eating and drinking, but he was most afraid of his father making random investments that would lead to huge losses.
Now, as long as he held onto land in the north, making money in the future was almost a certainty, at least with a 99% certainty.
First, he would ensure that the wealth wouldn't shrink, and if he encountered a suitable opportunity, he could take a few steps forward.
He wasn't aiming to earn a lot of money, the key was stability.
...
The people from Yinhai had contacted Si Hai International in advance.
After receiving Su Yehao's call, Master Jiang immediately contacted the company's on-duty colleagues, found the information that was registered at the time, and made contact with Yinhai.
It took a little time.
It wasn't until after ten o'clock in the evening that he figured out that the representatives of this company were staying at the Si Hai International Hotel, and they were checking out tomorrow.
Su Yehao was afraid of missing the opportunity, so he immediately decided to go there himself.
It was only after ten o'clock, and the nightlife of young people was just beginning.
After learning about this, Master Jiang proposed to meet him together.
The two hit it off and agreed to meet in half an hour, first contacting Yinhai Software through the hotel...
Master Jiang had been drinking that night.
After hanging up the phone, he asked his daughter, Jiang Yu, who was watching TV in the living room, to help drive, for some reason.
He used the excuse that there were few cars at night, and she had just gotten her driver's license, so she needed to practice more.
The father and daughter went out together.
Jiang Yu's mother, who was at home, vaguely realized something.
She glared at her husband as he left, annoyed. How could he actively send their precious daughter out like that?
However, the young master of a certain wealthy family had grown up under their noses, so they had a good impression of him and knew him well.
Therefore, Jiang Yu's mother chose to acquiesce to her husband's forced matchmaking.
Jiang Yu's mother was worried that her daughter would be deceived, tricked into a life of hardship, or bullied in the future.
She thought about observing for a while to see if she could go with the flow.
If it worked out, that would be the best.
Her daughter wasn't young anymore, and some things should be considered in advance.
When Su Yehao drove his McLaren to the entrance of his hotel, he immediately stared at Jiang Yu with wide eyes.
"Why are you here?"
Jiang Yu asked, subconsciously looking at the hotel lobby, her eyes filled with suspicion, her imagination running wild... always related to glamorous women.
She was wearing denim shorts and a pink short-sleeved shirt tonight.
She had already taken a shower in the evening, her long hair was fluffy, and she was beautiful without makeup.
Su Yehao said happily:
"I made an appointment with your dad to talk about business, of course I have to come. Why are you here instead of sleeping so late?"
Master Jiang had a headache.
He wondered why this considerate little padded jacket seemed to change whenever she saw Su Yehao.
He said to Su Yehao, "Young Master, I drank tonight, so I asked her to drive me. Don't worry about her. She's always up late anyway. I'll take her out for a late-night snack later."
Jiang Yu complained, "Having to work overtime so late."
"Don't worry about grown-up matters. Representatives from a company are leaving tomorrow, so we're meeting them first. This is a big business deal worth tens of millions of US dollars, and Young Master Su is personally in charge. Jiang Yu, remember not to talk nonsense later."
— From a father's assist.
After Master Jiang finished speaking.
Jiang Yu was instantly interested, looking Su Yehao up and down.
With preconceived notions at play.
No matter how she looked at it, she didn't think Su Yehao could handle a business of this scale.
————————————
Since discovering the company whose full name was "Yinhai Document Software Technology" on Saturday, the work of collecting information had been delegated by Su Yehao.
He had already read the preliminary summary of the intelligence.
There wasn't much information.
He only knew that this mainland company was currently valued at about ten million US dollars in Hong Kong, which had shrunk significantly compared to the previous two years, and its plan to list on the Hong Kong Stock Exchange had also failed.
It had cooperated with Microsoft in its early years, but then repeatedly fought against it... and suffered a crushing defeat.
At the beginning of last year, Yinhai still had more than two hundred employees, but because the products couldn't be sold, the sales team was reduced to only a dozen people, and its reputation in the venture capital world plummeted.
The only valuable thing this company had now was the WPS document program, with the genuine software selling for 169 yuan in the mainland.
And Microsoft's Word was rich and generous, and could be used without paying for it.
As a result, it was no wonder that Yinhai Software's performance was miserable and its market share continued to decline.
Su Yehao didn't know enough about these things.
He didn't have the chance to come into contact with them in his early years, and he regretted choosing the wrong major, busy eating dust on construction sites.
He did know that later big companies liked to promote for free, constantly seizing market share, first knocking down their competitors, and then slowly plotting for profit.
Clearly.
Yinhai Software's WPS was the "competitor" that was about to be knocked down by Microsoft Word.
He didn't know the details, but Su Yehao knew that WPS had survived.
Therefore, in his eyes, Yinhai Software had some value. Currently, computers had few functions, poor performance, and were not very practical, their main function being office work.
Yinhai's WPS just happened to be involved in the field of document office work. If it was rescued, there was still hope to accumulate some users.
He always saw in the news that "in the Internet age, traffic is king."
If he seized the opportunity to control traffic, Su Yehao felt that it could be used in the future.
He couldn't say exactly what it could be used for, and he wasn't most optimistic about the office field.
He just didn't have a choice for the time being.
The familiar Internet giants hadn't been found, and only Yinhai had been discovered by Su Yehao first.
Some time ago, Su Yehao had considered starting his own business.
Even with money and ideas, after careful consideration, he found that the probability of starting a business successfully was at most 50-50.
A fifty-fifty chance of success.
Rounding it off... wouldn't that be equal to a one-in-ten chance of survival?
Su Yehao was unwilling to do things he wasn't sure about.
He didn't have to worry about his livelihood, so there was no need to fight to the death. Wouldn't it be more appropriate to rely on his family's wealth and cast a wide net?
Look at those familiar faces.
After a company succeeded, the ones who made the most money were often not the founders, but the venture capital institutions that invested in the early stages.
SoftBank and Yahoo behind Taobao, Naspers behind Tencent, since there were many such precedents, there was no need to take risks personally.
Being a backer and part-time consultant, with more money, less work, and close to home, that was so easy...
Lobby lounge of the Si Hai International Hotel.
Chu Jun, the major shareholder of Yinhai, led his assistant downstairs aggressively.
One had a bruised eye, and the other had an injured corner of his mouth. The fresh wounds had just been inflicted at the entrance of the Liren Royal Court Club.
Chu Jun couldn't hold back his anger. After Master Jiang introduced Su Yehao's identity, he immediately said:
"We guarded the entrance of the club for two days and finally met, but your father actually had people beat us up. What's there to talk about? Go to bed early, we have nothing to talk about!"
"...My father had people beat you up?"
Su Yehao was stunned and said, "Why would he do that for no reason?"
"Who knows? We just wanted to talk about business. As soon as we entered the karaoke room and explained our intentions, he started chasing us away. Your father was hugging a hostess and wouldn't even let me finish my sentence! Then the security guards started bullying us!"
"..."
Su Yehao understood.
Recalling the conversation between father and son... What the hell was that about having tea with people!
Laughing awkwardly, he said to Chu Jun:
"You've got the wrong person. I'm in charge of this matter. What does my father, that old antique, know about the Internet? There must be some misunderstanding. I'm still very optimistic about your company. My father wouldn't be so unreasonable... would he?"
Before, he had gone to the Liren Royal Court Club and finally waited for Su's father.
Chu Jun also knew that he was also at fault, having gotten angry with the security guards first.
He still couldn't save face, but the company was really short of money. Seeing that Su Yehao took the initiative to apologize, Chu Jun temporarily didn't mention it and suppressed his anger.
They came to the sofa in the lobby and sat face to face.
Su Yehao cut to the chase and asked first:
"Boss Chu, I had people find out that your company's development direction has gone wrong, and your performance has been declining in the past two years. Investment... can be discussed, but I want to know first, after you get the money, how do you plan to solve the current troubles?"