The surrounding area was full of bungalows, making the summer lighting unbeatable.

The sunlight streamed into the living room, and the cicadas outside buzzed incessantly.

Su Yehao lounged lazily, watching *Royal Tramp II* on TV.

Nong Qingying found the Mandarin dubbing strange. She was lying on the sofa with her legs propped up on Su Yehao's stomach, idly spacing out.

She checked the time; it was only half past four in the afternoon.

Su Yehao said, "This house hasn't been used since it was renovated. Should we eat at home tonight, or find a restaurant outside? I actually know some people in the capital. Since we're here, we should treat them to a meal."

The people he knew were, of course, Leibus and Chu Jun from Yinhai.

Su Yehao had invested in three rounds of financing for this company, increasing his shareholding to 76%. What was once a partnership had now become absolute control. Sometimes, startups were just so powerless in the face of capital.

The original major shareholders, Chu Jun and the others, probably considered introducing third-party capital, but no one in the market was optimistic about them. Those who got rich first liked to buy houses, invest in stocks, or film TV shows.

Otherwise, they could deposit their money in the bank and get an interest rate of six-point-something percent a year, which was much safer than investing in internet businesses.

Yinhai itself didn't make much money and was always short of funds during its development, so they contacted Su Yehao whenever they needed money.

Over time, his shareholding increased so much. Now, Yinhai was not only engaged in the development of office software but also began to venture into the new market of portal websites, showing some signs of progress.

The portal website market was relatively large, accommodating several companies to develop together. Su Yehao's positioning for Yinhai was roughly a hodgepodge of office software, portal websites, Weibo, online games, and the like. As for antivirus software, he hadn't decided whether to try it, since it seemed like it didn't make much money.

"It's not just you who knows people. The headquarters of Souhu, which I invested in, is also here. I haven't paid much attention to it recently. I wonder if it's made any money for me," Nong Qingying said with a smile.

Su Yehao calmly replied, "It should have. Souhu has launched a search engine. I saw it in the reports. Forget it, let's go out to eat tonight and invite them out for a meal in a couple of days. Let's rest today. I suddenly want to eat mutton hotpot. Let's find a place with air conditioning and crank up the cold air, so we can still enjoy it."

"Hmm? But I'd rather have grilled mutton skewers."

"That's no problem. Then let's find a place that serves both hotpot and mutton skewers, so everyone's happy..."

…

Sihai International's development focus was on the mainland, while Su Yehao's main battlefield was still overseas for the time being.

Despite tAt and tot having been here for so long, their combined valuation was only about fifty or sixty million RMB at most. Even if they wanted to sell them, they might not be able to find a buyer.

But in the United States,

tvt, the instant messaging software, had just over 500,000 active users and already had a valuation of $120 million, which was still increasing.

Valuation wasn't simply calculated based on the number of users; it often placed more emphasis on development potential.

Because tvt drew traffic from ICQ, its customer acquisition cost was particularly low. In addition, it created a brand-new social networking method and had channels to place advertisements. Even though it wasn't making money now, that didn't stop institutions from believing it would make money in the future, and that was its value.

Therefore, compared to the sluggish growth of ICQ, assessment agencies were more willing to give tvt a high valuation.

However, recently, with ICQ making constant big moves, starting to sell its story and pursuing transformation and development, more and more assessment agencies were beginning to look favorably on ICQ, feeling that Su Yehao's acquisition had added new impetus to it.

Previously, the shareholders of ICQ weren't unaware of the company's problems, but they couldn't see the future direction of development and didn't know where to start.

But Su Yehao proposed two major engines: virtual goods and online advertising. He believed that once ICQ completed its restructuring, it could also be reborn and obtain a higher valuation.

With not much business in the capital, Su Yehao specifically went to Xidan, Zhongguancun, and other places to inspect land.

He wanted to see them in advance, so he had a good idea of things. Maybe one day, after he had money in hand, he could come and take a few plots of land to build office buildings, shopping malls, and the like, seeking a steady stream of income.

Compared to Pengcheng, the real estate industry in the capital was slightly more competitive, and the housing prices were also higher.

Greater competition meant higher land prices.

Higher housing prices meant the potential for appreciation was already exhausted.

Honestly, compared to the hidden dragons and crouching tigers in this place, Su Yehao still preferred places like Shanghai, Pengcheng, and Guangzhou. It wasn't that the capital wasn't good enough, but he always felt a bit restricted. He was used to being idle and didn't like being bound.

His most comfortable state was probably closing his doors and doing his own small business, not bothering with anyone, and not provoking others.

Overall, doing business was just a side job. In this life, Su Yehao only hoped to be comfortable, take things as they came, and live a fulfilling life.

If he had a bit of ambition to compete for dominance, he wouldn't be as laid-back as he was now.

Every time he went to the company, there were always new employees who didn't recognize him at all, and even the executives would have the feeling that "a rare guest has arrived."

Zhao Yimeng had always been frustrated by the fact that he was so lazy and could still make money. There was nothing wrong with this kind of discomfort. Su Yehao was indeed a bit lazy.

If he soaked in the company every day, doing everything himself, working hard, Miss Zhao would probably feel much more comfortable. She might even sigh a few times, saying things like, "People work so hard, why shouldn't they succeed?" to balance her mentality.

In the evening, walking down the street,

he was followed by six bodyguards, and there would usually be more in Hong Kong, mainly because the private jet couldn't fit so many people.

The last time he came to the capital, Su Yehao thought about how rich his family was, but now that he had more confidence, he thought about how rich he and his family were.

The high-rise buildings in Zhongguancun didn't overwhelm his confidence. On the contrary, he had a feeling of surveying all the hills from a height.

He could build these high-rise buildings here, as long as he wanted to.

There were very few companies here whose businesses could surpass Su Yehao's. Leaving aside the official enterprises, among the private enterprises, there were a few whose market value had skyrocketed, but they were mostly bubbles.

On the A-share market, the average price-to-earnings ratio was forty times, and it wasn't uncommon for it to exceed a hundred times.

Value investment had been squeezed dry, and even if he wanted to invest, he could only look at growth potential, or speculate in the short term like stock investors, which was like passing the buck, and he could get trapped if he wasn't careful.

They all said the great waves washed away the sand, but unfortunately, there was more water than gold in it.

The fact that Su's father could see Meidi Group was already a pleasant surprise. First, he determined that the real estate industry would explode, and then he focused on the growth potential of the home appliance sector. It was all for a reason. The old fox was indeed cunning.

After wandering around for a while, he still couldn't find a business that could generate more returns than Silicon Valley internet companies in the short term, so Su Yehao was busy looking for food again.

He took a taxi to Wangfujing and found a decent-sized mutton hotpot restaurant. Even in the hot summer, there were customers going in, which meant the taste should be okay.

After entering the private room, Su Yehao subconsciously glanced at the air conditioner. The brand was Chunlan.

He had some impression of this brand. It seemed to have gradually disappeared from the market later. It was summer, and this thing and refrigerators were very popular.

Su's father had just acquired Meidi Group not long ago, and Su Yehao was already considering expanding as soon as possible, acquiring several home appliance manufacturers with strengths, such as Gree, with a market value of more than 3 billion, and Haier, whose washing machines were very powerful.

After pondering for a while, he focused on eating after the food was served…