Eyes fixed on Silicon Valley, Su Yehao lacked understanding of the mainland's internet industry.

After a brief meeting.

Lin Wei, the CEO of tAt, invited Su Yehao to try out the new generation of tAt instant messaging software.

During this time.

Lin Wei sighed deeply and told him:

"The market is playing a cruel joke. From last year's adulation, hype, and praise, to the current investor scorn and frantic withdrawal of funds, it's a complete extreme. The media has completely turned against us, magnifying the negative aspects. Recently, even stock market experts have jumped out, saying the internet market is trash."

Su Yehao listened attentively.

He had made a killing this time, so he seemed unfazed by these words. Calm and collected, he simply smiled and said:

"That's too extreme. I can only say they don't know their asses from their elbows. The best era for us has just begun. It's rare that some competitors emerge, only to be frozen to death by the winter. If I don't find a way to seize this opportunity, it would be a waste of God's favor, you understand?"

People's joys and sorrows are indeed not connected. Considering Su Yehao's situation, Lin Wei naturally understood what he meant.

So he nodded and stated, "I know. Whether the market praises or curses, the number of users is still growing, and the market size is continuing to expand. With your advantages in capital, technology, and so on, Mr. Su, now is the perfect time to flex your muscles and play the big fish eat small fish game."

Su Yehao walked to the bookshelf and examined the various awards Lin Wei had received as CEO in the past two years. Relying on tAt's resources and platform, he had won almost every award available.

In fact, the organizers preferred to give the awards to Su Yehao.

However, he maintained a low profile and consistently promoted these professional managers, to the point that many people still don't understand the kind of business layout he has completed.

Simply put, almost all internet users in the mainland today cannot live without Su Yehao's products.

He occupies the top market share in instant messaging, social blogs, office software, browsers and portals, email, online games, and other industries, with extremely high market share, forming a product ecosystem.

Of course.

Due to the small number of active internet users, even occupying so much market share doesn't actually create much value, making it seem unremarkable. It only enjoys a prominent reputation within the industry, like a towering mountain that everyone looks up to.

This is probably what they mean by dimensional reduction.

Casually putting a trophy back on the shelf, Su Yehao said to Lin Wei, the CEO, "The rise of new industries will inevitably impact old industries. The current mockery and condemnation may be due to some vested interests. Technology will inevitably develop, which won't affect us. Just focus on doing our own thing."

Lin Wei spoke again, "Yes, I understand. I just feel it's a pity that the market had finally developed somewhat, only to be beaten back to its original state."

"That's why I decided to take money out to support a group of high-quality companies."

Su Yehao smiled and looked at Lin Wei:

"You must think I'm taking advantage of the situation. There are indeed investment considerations, but on the other hand, the mainland's internet market is too fragile. Some domestic funds finally mustered the courage to enter the market, but they were frightened back again. Since the market is still developing, who do you think will fill the funding gap?"

"...American venture capital firms?"

"That's right. After crashing the stock market, they rely on their strong capital to start harvesting. This is an old trick that the Americans often play. My 5s Asset Management company is currently working with securities companies, banks, and other institutions to try to raise a sum of money. Adding my money to that, it shouldn't be difficult to fill the initial hole."

Su Yehao has the ability, so this can only be considered as taking on some social responsibility along the way.

Considering that the most valuable batch of mainland internet companies are almost all in his hands, it's not as easy for foreign capital to come in and deploy as it was in his previous life.

In the past two years, he's been scattering money like a generous child, frantically spending money to seize market share, and the moat is already strong enough.

As of now.

His total losses in these mainland internet companies amount to a staggering one billion RMB or more. Who else has the courage to throw money into a bottomless pit like this, without caring about revenue at all?

Even industry giants with more money, such as Yahoo and Amazon, cannot compete with Su Yehao in this market.

Lin Wei's vision is not so long-term. Recently, influenced by external opinions, he often feels confused about the future.

However.

With Su Yehao, a living god of wealth radiating golden light, in charge, the mentality of a group of senior executives, including Lin Wei, is obviously much easier than their peers. As long as the funding is reasonable, they can just submit a report to Su Yehao's assistant's office.

How could they be like others, worrying about money all day long, begging and pleading, and running into walls everywhere?

Lin Wei pondered Su Yehao's words and suddenly thought of something, reporting, "By the way, Masayoshi Son, the major shareholder of Yahoo, is currently inspecting Shanghai. It is said that the entrepreneurs seeking investment from him are lined up outside the restaurant, and each person only has five minutes to make a presentation."

"Oh? Is that guy reaching so far?"

Su Yehao smiled and then waved his hand, saying:

"Ignore him. That guy's representative on the Yahoo board of directors suggested that others should target my Google search engine. There will be plenty of opportunities for revenge in the future. Isn't it just spending money? I used to lose in one-on-one battles. As long as 5s Asset Management can develop, I must fight him when the time comes."

Su Yehao's personal wealth is higher than Masayoshi Son's, but SoftBank has many investors behind it, and its strength is indeed stronger than his.

Fortunately, when it comes to investment vision, Su Yehao is not convinced by anyone and sincerely believes that five Masayoshi Sons combined are not as good as himself.

Compared to the other party's wide net, precise investment can definitely obtain more benefits, which means that Su Yehao still has an advantage on the future track, and may even be able to poach SoftBank's major clients to ssssss Asset Management.

Lin Wei was just reporting the news, telling him the important content, and could not give any advice.

Then.

The CEO of tAt changed the subject again, curiously asking: "There are rumors outside that you, Mr. Su, plan to reopen a technology startup board similar to Nasdaq on the Hong Kong Stock Exchange, lowering the listing threshold and providing some support for mainland companies?"

Hearing this.

Su Yehao generously admitted, smiling and saying, "That's right. It took a lot of effort to get my friend promoted. I have also reached a tacit understanding with the chairman of the Hong Kong Stock Exchange on the Science and Technology Innovation Board, and there may be results within this year. You wouldn't want tAt to be listed there, would you?"

Lin Wei was stunned and said with a wry smile: "I'm just an employee. You make the decisions on these matters. The market is so bad now, and the user base is developing so fast. I don't think there's any need to go public before the company reaches a higher level."

"Well, anyway, we're not short of money for the time being. Let's wait three or five years before talking about it."

They chatted for almost half an hour.

After Su Yehao tried out the new product that was about to be launched, he found that the tAt instant messaging software was becoming more and more like Penguin, from personal show functions to membership, to space decorations and small games such as farms.

Temporarily thinking of something, he asked about Pony Ma's recent situation and learned that he was developing a Xianxia (immortal heroes) massively multiplayer online game, determined to take advantage of the broadband boom to turn losses into profits in the online market.

Finding him to be in charge of the company's game business was really the right choice.