Chapter 738 Doomed to Failure
"Uncle Chen, the project we're attending today is also because Su Zi's father has some small cooperation with us, so we asked a vice president to attend in person."
Because the news revealed by An An a few days ago was too surprising, Chu Qiuyan learned in advance about the project that the young female president Su Zi had brought to her.
After a pause, Chu Qiuyan continued, "It's a shame her project is so unrealistic. Not to mention that it overlaps too much with Big Penguin's flagship product, WeChat, our own cooperation with Big Penguin began fifteen years ago. Our relationship has always been one of external competition and internal mutual support."
What she meant was very clear. Everyone knows that the core of Big Penguin is WeChat.
This is a truly national-level APP, and everyone has one.
If people have to choose, most of them will probably uninstall Douyin and keep WeChat.
In this case, we want to compete with Penguin for this business.
Putting aside the technical aspects, they can copy it easily.
In terms of funding, without tens of billions, it is impossible to reach the threshold to compete with the big penguins.
The Dream Fund is indeed not short of money, but their relationship with Penguin has been a strategic alliance since fifteen years ago.
The same goes for Da Ali.
Under such circumstances, it is absolutely impossible for Chu Qiuyan to invest tens of billions in Su Zi.
It can be said that she was doomed to fail from the moment she stepped into this building.
"Don't consider my connections. I'm just a driver there. There's no other reason."
Chu Qiuyan felt relieved when she heard this, if the boss really had some special connections there.
Then she would spend the money no matter what, and would even do everything she could to support this project.
Even if it affects Penguin's core social area.
Over the years, a tacit understanding has been formed among the giants.
In addition to Baidu, which has completely fallen behind, there are also Penguin's social networking, Alibaba's e-commerce, and ByteDance's short videos.
These are areas that other giants cannot enter at all and will not destroy.
In the early years, they fought each other fiercely, but later they found that no one could do anything about the other's core business.
Just calling it blindly is just a waste of money.
Everyone simply stopped doing it, except for one company, Baidu.
After the emergence of AI search, very few people still use the search software that has been used for decades.
Chu Qiuyan understood very well that whether it was the current Dream Fund or the traditional fields managed by Princess An An.
In fact, none of them can compare to Tengfei’s three flagship businesses: AI, mobile phones, and automobiles.
It is even more inferior to Tengyou Media, which is managed by Zhang Wanyi and covers internet celebrities, short dramas, live streaming, supermarkets, and is one of the top five shareholders of Douyin.
If we really compare, her Dream Fund is also well-known outside.
Within the group, it is not even considered a core business.
With such status, how can I compete with the big penguin? It is impossible.
Chen Pingsheng himself often goes abroad to drink tea and chat with these two Mr. Ma, and they have a good relationship in private.
They have also collaborated on a large number of projects overseas. If they were to fight each other, it would be a huge spectacle.
It will only make countless capitals come together again like 20 years ago, and everyone has to choose a side first.
Then we talk about making money.
This is not necessarily bad for the domestic business that has already taken shape, but there is no doubt that all three of them will attract attention as a result.
This is also the main reason why Su Zi cannot succeed.
To put it bluntly, it is not the place for outsiders to interfere in the affairs between the three families.
If there was anything, everyone would just drink a few cups of tea and discuss it privately with laughter.
If no agreement can be reached, either someone should back down or someone should come out to mediate.
It would be difficult to get to the point where one company would spend hundreds of billions or even trillions of dollars and the fight would become known to everyone.
This is the direct monopoly formed by the aristocratic families, including giants like them, after the business is formed.
The road ahead is blocked, not to mention it is difficult for ordinary people to cross classes.
Even rich second-generations like Su Zi cannot make the leap from ordinary second-generations to top second-generations.
If she could really succeed in this project, she would be worth at least tens of billions.
What a pity, she probably doesn't have that chance at all.
If Chen Anan came forward it would be completely different, because she is already a member of this circle, and one of the top ones.
Chu Qiuyan’s choice was not wrong.
No matter how well Su Zi prepared, or how wonderful her speech was.
Those who are destined to fail are destined not to succeed.
Even at the end, Chu Qiuyan did not show up.
After drinking tea for an hour, Chen Pingsheng didn't even look at the financial statements in front of him.
This made Chu Qiuyan feel that the big boss was really going to withdraw completely.
An indescribable feeling hit her chest without hesitation.
That is ignorance and awe of the road ahead.
In the past, no matter what, as long as there was a big boss in the group, everyone knew that no matter how big the difficulties were, the big boss would come forward to solve them.
He is the God of all people.
And now, at the peak of his career, this Tian had actually... retreated in such an ordinary and unpredictable manner.
And he retreated so completely.
Even his wife is still fighting in her own field.
Chu Qiuyan was sure that anyone who could retire so completely at the peak of his career must be a real big boss.
As for what he said, human wisdom is limited.
He has dedicated the best 18 years of his life to the group.
When the group was truly flourishing, he didn't even hold a grand exit ceremony for himself.
Chu Qiuyan was very sure that every big boss would hold his own retirement ceremony.
That would surely shock the entire country and even the global business community.
Outsiders just thought that the mysterious founder of Tengying Group was still in charge here.
Little did he know that he had been planning for today's complete withdrawal since five years ago.
Starting five years ago, I gradually gave up the management of the entire group.
But no one would have thought that the boss would leave five years later.
Whether it is Tengying Group or the current Tengfei Group, it is still like a ray of light in the morning sun.
It is brilliant and illuminates most of the ordinary lives.
Chu Qiuyan was standing upstairs. Uncle Chen didn't let her see him off because he didn't want to attract the attention of the entire company.
The great man who illuminated her path and led her all the way.
As he himself said, you and I are all mortals.
We come from the mortal world, live in prosperity, and finally return to ordinary life.
There are three stages in life, and not everyone can understand them.
Not everyone can complete it.
Most of us have always been trapped in the small circle we were born into.
Throughout their entire lives, they will never be able to cross the circle into which they were born.
Take a real look at this beautiful and prosperous world.
Compared to her complicated mood at the moment, perhaps Su Zi is the one who is more lost.
Her father had warned her not to try to touch the core areas of the giants.
But she didn't believe it, she just wanted to seize this opportunity.
After preparing everything, the vice president finally told them truthfully that they could have the group's technical department replicate seventy or eighty such projects in a matter of minutes.
But why not do it?
That's because they know that they are trying to break the moat in the core areas that the giants have formed over decades.
That is simply unrealistic and impossible.
Just as outsiders want to touch their core territory, they will be destroyed without leaving any trace by using their best technology, most funds and greatest resources.
No one told her lies because at their level, there was no need to do so.
Fifteen years ago, they maintained a long-term and good cooperative relationship with Penguin and Ali because of Tencent Entertainment!
Why should you, an outsider, break it?
So, big projects are dead, but small projects can still be done.
The ruthless and cruel truth was laid out before Su Zi.
Of course, she is not without a chance.
In the end, Chu Qiuyan asked the vice president to quietly pass on a message to her.
In Chu Qiuyan's mind, it doesn't matter whether this project is successful or not.
It's just a matter of money and resources.
There was only one main reason why she asked someone to pass the message to Su Zi, and that was that she didn't want the big boss to do anything.
Retreating...too early.
(End of this chapter)
Continue read on readnovelmtl.com
