Chapter 325: Stealing a chicken but losing the rice

The development of this short video war shocked many people.

It was thought that ByteDance would strongly repel Shengxuan Group's temptation and continue to consolidate its leading position in the short video field.

But a month later, Muse's daily active users have grown steadily.

On the contrary, ByteDance’s daily active users have declined significantly, with nearly 1/5 of its users lost.

Many venture capitalists who were still watching the show can no longer sit still.

Shen Nanping was also stunned. He didn't expect this result.

I thought Qi Sheng would suffer a crushing defeat, but I didn't expect that the other party's short video business would actually compete with ByteDance.

Shen Nanping saw through Muse's tricks at a glance.

It's nothing more than a money-burning game.

Once this money-burning war begins, billions of dollars will not be enough.

Even if tens of billions of dollars are burned, it would not be surprising at all.

Thinking about how he missed the initial investment opportunity in Muse, Shen Nanping slapped his thigh in regret.

Seeing Muse's rapid development.

In the future, not to mention surpassing Douyin, catching up with Kuaishou will definitely be a problem.

Even Kuaishou has the potential to have a market value of hundreds of billions of US dollars, so there is no need to say much about the future of Muse.

Shen Nanping visited him as soon as possible.

This was also his first time visiting Shengxuan Group’s new headquarters.

Although he has been to many large companies, Shengxuan Group’s headquarters is still quite impressive.

The twin towers, a landmark of Chengdu, are worthy of Shengxuan Group’s current status.

The short video business alone has the potential to generate hundreds of billions of dollars.

"Welcome Mr. Shen to visit Shengxuan Group."

Qi Sheng did not ignore Shen Nanping and received him personally.

After all, the other party is the person in charge of a top venture capital firm, so we should give him some face.

"Mr. Qi, you are too polite. We at Sequoia are very optimistic about the potential of Muse. I wonder if you are willing to give us the opportunity to invest?"

Shen Nanping didn't beat around the bush and directly stated his purpose.

Seeing the explosive growth of Muse's daily active users, it would be a miracle if Shen Nanping could still sit still.

"oh?"

Qi Sheng asked with a playful smile: "Then how much valuation does Mr. Shen plan to offer for Muse?"

"I heard that Mr. Qi and Jinshi Capital each invested 2 billion US dollars, and we, Sequoia, invested 1 billion US dollars. The valuation is 20 billion US dollars. How do you think?"

Shen Nanping believed that the valuation he offered was very sincere.

"Mr. Shen, your offer is still a bit low. We just received an investment offer from Temasek, and their valuation is 30 billion US dollars."

Qi Sheng poured Shen Nanping a cup of tea.

"I think Mr. Shen has also seen the strength of our algorithm team. It is definitely not inferior to ByteDance. The sooner we get on board, the greater the rewards we will get."

"Mr. Qi, a valuation of 30 billion US dollars is too high."

Shen Nanping frowned slightly, not very satisfied with the valuation.

Although the valuation is fictitious, the money they invested is real.

"There is no other way. I have to accept the investment from Temasek."

Qi Sheng shrugged, looking helpless.

"Well, I'll think about it and give Director Qi a reply tomorrow, okay?"

Shen Nanping still couldn't make up his mind.

They have also made bets on ByteDance.

It was only because of the thought that there was no gain without pain that I came to Qi Sheng to get involved.

"Of course, but it's hard to say whether there will be another opportunity by then."

Qi Sheng was not worried at all about scaring Shen Nanping away.

Even without Sequoia, it’s not like there are no other investors interested.

Moreover, he did not lie to Shen Nanping.

Temasek did make an investment offer, but the valuation was only US$25 billion.

Qi Sheng is sitting on the Diaoyutai, ready to accept investment from whoever offers the highest price.

…

Just after Shen Nanping left, another heavyweight came to the door.

It was none other than Jin Ying's aunt He Jing.

"Mr. He."

Facing the head of Temasek, Qi Sheng had to be more enthusiastic than when he received Shen Nanping.

Don't give face to the monk, give face to the Buddha. I have to give face to my girlfriend Jin Ying.

"Mr. Qi, I just saw Mr. Shen. Is Sequoia also interested in investing in your short video project?"

He Jing did not try to build a relationship, but instead asked in a somewhat stiff and cold manner.

“Mr. Shen is indeed more interested in Muse, but I personally still hope to continue to cooperate with Temasek.”

Qi Sheng naturally knew the reason for He Jing's cold attitude. It was because his romantic affairs were known to the other party.

Originally, He Jing wanted to scold Qi Sheng and take Jin Ying back to Singapore.

But he was told by his niece that she was pregnant.

It’s a done deal.

Even if He Jing was not satisfied with Qi Sheng, she had to accept it.

Fortunately, Qi Sheng was tactful and held a low-key wedding in Singapore.

At He Jing's request, Li Xianlong served as the witness.

Jin Ying got married in a grand ceremony, without any regrets.

“Sequoia is quite capable, but it is still a step behind Temasek.”

He Jing's tone was calm, but full of confidence.

After all, one is private equity and the other is a sovereign fund.

The strength is naturally not on the same level.

"We plan to invest $3 billion in Muse, with a valuation of $30 billion."

As the head of Temasek, He Jing was able to come here specially.

Naturally, there will be no hesitation and they will just cut the Gordian knot.

If it works, it works. If not, use Jin Ying’s connections.

Compared with this short video project, He Jing is optimistic about Qi Sheng as a person.

The decision to lend Qi Sheng funds to acquire Richemont Group was also a test for her.

Qi Sheng's performance did not disappoint her.

After acquiring the Richemont Group, Misia's development momentum has become increasingly fierce.

After that, it acquired Burberry, and with the funds raised from the IPO, it swallowed up Hermès, the ceiling brand in the luxury goods industry.

Its current market value is approaching the 150 billion euro mark.

Even as the head of Temasek, He Jing had to look at Qi Sheng with new eyes.

After all, the size of assets controlled by Temasek is only twice that of Misia.

It only took a short time for Misia to do this, but it took Temasek decades.

Thinking of this, He Jing's determination became even stronger.

She will also step down as CEO of Temasek in October this year.

Before retiring, He Jing naturally wanted to achieve something.

Leave a perfect period to your resume.

“Welcome Temasek to join Muse. I believe this investment will bring you rich returns!”

Qi Sheng smiled and stretched out his hand to He Jing. This cheap aunt was really generous.

Come to think of it, it makes sense, they are spending national funds.

Unlike him, he relies entirely on the system to generate gold coins.

"Where's Yingying?"

He Jing shook hands with Qi Sheng, and her expression finally softened a little.

"She is recuperating at home. Should I ask her to come see you?"

When Qi Sheng heard He Jing's change of tone, he had to switch his identity and answer.

"Well, this girl has almost completely forgotten about me, her aunt. Bring her to the hotel where I'm staying and I'll talk to her."

He Jing didn't say much and just got up and left.

One of the reasons I came here this time is to secure investment.

Another thing is to look at Jin Ying.

Jin Ying's parents died early, so her aunt is like a half-mother to her.

He Jing also put a lot of effort into Jin Ying's training.

Although Qi Sheng's fickleness was a little hard for her to accept.

But no one is perfect.

What's more, Jin Ying already has Qi Sheng's child.

Even if we wanted to break them up, it would be impossible.

Qi Sheng is not the poor boy in the TV series.

In terms of wealth, her wealth is no less than that of Temasek, which she relies on.

…

Banyan Tree.

Jin Ying stood at the door of the suite, took a deep breath and knocked.

"Enter."

He Jing was looking down at her phone and didn't look up when she heard the footsteps.

"Aunt."

Jin Ying knew that He Jing was angry.

But she didn't think that the rich young men recommended by her aunt could be as good as Qi Sheng.

Big brother, don't laugh at the second brother.

As long as there is money, how many men are not unfaithful?

"Sit down."

He Jing patted the sofa cushion beside her in annoyance.

"Hey, why are you here suddenly?"

Jin Ying immediately sat over obediently, hugged He Jing's arm and acted coquettishly.

"Who told you to be so cruel as not to come and see me? I had no choice but to come and see you."

He Jing rolled her eyes at Jin Ying with resentment.

The cabbage that I had carefully cultivated since childhood was finally taken away by that rascal Qi Sheng.

"I don't believe it. You are so busy. You must have come to see me because of something."

Jin Ying was notified by Qi Sheng on her way here.

I can guess why He Jing came.

There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!

"Are you still blaming me?"

He Jing pinched Jin Ying's face with amusement.

Compared to the shrewdness and capability he showed under her command, he now has a bit more maternal gentleness.

Tsk tsk, love is so scary.

The successor whom she had carefully trained was now extremely happy to have a child.

He Jing could naturally see that Jin Ying had very deep feelings for Qi Sheng.

The previous tentative introduction was rejected by Jin Ying without hesitation.

Afterwards, she gave up the idea.

Anyway, daughters will get married when they grow up, so Jin Ying is lucky to be with Qi Sheng.

At the very least, you will enjoy endless wealth and glory in this life.

"No, no, I don't dare. You are so busy, and I am very grateful that you can take time to come and see me."

Jin Ying understood He Jing very well and waved her hand quickly.

As the head of Temasek, it is no exaggeration to say that he is very busy.

"Seeing that you are doing well now, I feel relieved."

He Jing didn't see Qi Sheng and couldn't help feeling a little dissatisfied.

"Is your man so busy?"

After all, I am Jin Ying's aunt.

Even out of courtesy, we should have dinner together, right?

"Oh, you misunderstood. He specially cooked a table of authentic Sichuan dishes for you. I guarantee that you will be so delicious that you will swallow your tongue!"

Jin Ying said this with a happy face.

He Jing's dissatisfaction immediately disappeared, and she felt more satisfied and surprised.

"Qi Sheng can also cook?"

It’s no wonder He Jing was surprised, for they are super rich people.

Usually there are special chefs to serve you, so there is no need to do it yourself.

"You don't know, he is a very good craftsman, but he is too lazy and doesn't really want to do it."

"I made an exception and cooked a table of dishes because I saw you coming. It's almost time. Shall we go downstairs now?"

Jin Ying looked at the watch on her hand, smiled, and walked out of the presidential suite taking He Jing's hand.

"lady."

When the waiters on the road saw Jin Ying, they all bowed and greeted her respectfully.

Although Jin Ying spends most of her time abroad, she has come here quite often during this period.

This saying is even circulating among employees of Banyan Tree Group.

Whenever you see an incredibly beautiful woman, you can always call her Madam.

Even if she is not the wife of his boss, she must be the woman of some other wealthy man.

"It seems that your position is not bad."

He Jing could tell from the details that Jin Ying was indeed living a very comfortable life here.

The respectfulness of these waiters is definitely not fake.

Of course, they also did so because of Qi Sheng’s identity.

This is why he loves Jin Ying and respects her.

"Hey, it's okay."

Jin Ying straightened her back proudly.

The originally flat belly now had a slight bulge.

"Walk slowly, don't rush."

When He Jing saw that Jin Ying was already pregnant, she couldn't help but scold her.

"Yeah, here we are."

Jin Ying saw the familiar Box No. 1 and pushed the door open and walked in.

There was a large revolving table with several covered plates on it.

Jin Ying opened one at random, and the fragrant aroma immediately aroused He Jing's appetite.

She has eaten countless delicacies from land and sea.

But the color, taste and presentation of the dishes in front of me can be called works of art.

He Jing was a little surprised: "Are these all dishes made by Qi Sheng?"

"Of course, how about I take you to the kitchen?"

Without waiting for He Jing to answer, Jin Ying pulled her to the kitchen.

Although the kitchen is a restricted area where no outsiders are allowed to enter, Jin Ying's identity is special.

Even Qi Sheng didn't dare to offend a pregnant woman, let alone other chefs.

They all pretended not to see anything and were busy with their own work.

"Wow, really professional!"

He Jing folded her arms and watched Qi Sheng's skillful stir-frying, marveling at it.

Looking at Qi Sheng's appearance, it's not an exaggeration to say that he is a professional chef.

There was even a group of chefs gathered around to learn.

Do you think it’s outrageous?

The cooking skills are at the highest level, not to mention the eight major cuisines.

Qi Sheng can reproduce any cuisine that has ever appeared in the world vividly.

"How did you get in?"

Qi Sheng was just finishing up the dishes and frowned when he saw Jin Ying and He Jing standing not far away.

He Jing didn't care, Jin Ying was still a pregnant woman after all.

The kitchen smells heavily of cooking fumes, so pregnant women should stay there as little as possible.

"Hubby, my aunt doubts your strength, so I'm going to take her to see it with her own eyes."

Jin Ying greeted him with a smile, not disliking the smell on Qi Sheng.

He even took a few exaggerated puffs.

There's nothing I can do, her physical condition is special now.

If you can’t eat Sichuan cuisine, you can only satisfy your craving for it.

"It won't happen again."

Qi Sheng didn't say anything else. He had to give Jin Ying face.

Back in the box, He Jing suddenly had the illusion that Qi Sheng should be the cook.

This skill is a hundred times better than the chef serving in their house.

"Aunt, my husband is a good cook, right?"

Jin Ying ate the light dinner that Qi Sheng prepared for her with love, and showed off with a proud look on her face.

"Yeah, it's really good."

He Jing couldn't go against her conscience and had to give him some praise.

Although Qi Sheng is a bit of a scumbag, he is really good to his niece.

With Qi Sheng's wealth and background, even if he didn't give her face.

He Jing couldn't do anything about him.

Just from this point, He Jing couldn't help but have a much better impression of Qi Sheng.

Everyone has his own fate.

Seeing Jin Ying so happy, she felt relieved.

This dinner was a great enjoyment.

He Jing was on a tight schedule and flew back to Singapore the next morning.

As for the investment contract, she had also signed it with Qi Sheng.

Temasek's investment in Muse undoubtedly dealt a stab to Sequoia.

Originally Shen Nanping planned to wait a little longer.

In such a short time, no one should compete with them for it.

As a result, Temasek reaped the benefits.

When Shen Nanping called Qi Sheng, he only got a reply that he would not accept investment for the time being.

Shen Nanping demonstrated vividly what it means to lose the rice while trying to steal the chicken.

He could have clearly acquired a stake in Muse before Temasek, but his hesitation enabled others to do so.

If Muse's subsequent development was not satisfactory, he would not be too depressed.

But the problem is that Muse has a boss named Qi Sheng who is very powerful.

Wherever there is a shortage of people, we will fill the gap.

Not only the algorithm team, but other public relations, operations, and legal talents are also gradually being fully equipped.

Douyin is very strong?

I work for the elite!

(End of this chapter)