Picking Up Fragments

Chapter 365: Targeting Bixin?



The next day, Ishihara Satomi reluctantly bid farewell to Jiang Siming and returned to Japan. She needed to sever ties with her former company and handle contract issues, as well as publicly expose the shameful behavior of her former company and Takahashi's agent. With Jiang Siming's guidance and support, Ishihara Satomi was no longer the person who found it difficult to refuse others. This time, when returning to her country, she had not only planned to completely sever ties with her former company but also sought revenge, giving them a thunderous counterattack! After settling matters, Ishihara Satomi decided to move to Huaxia for development and settlement.

After sending Ishihara Satomi off, Jiang Siming planned to rest for two days, play some games, and do some live streaming while waiting for the start of the knockout rounds.

Principal Wang called him, saying he wanted to discuss the business they talked about earlier at TAXX, which was the acquisition of "Bixin." At TAXX, Principal Wang had tried to bring Jiang Siming into the deal, and the reasons were clear. First, he wanted to use Jiang Siming's rising position in the live streaming industry. Second, bringing a friend in would allow him to bear the risks if things failed. But the most important reason was that he wanted to further establish a relationship with Jiang Siming.

Principal Wang had always been selective about his friends. While he had many acquaintances, few had caught his eye, and Jiang Siming was the only one in recent years who had. Despite not knowing each other for long, Principal Wang had treated Jiang Siming as a true friend.

They met at Jiang Siming's company, Yinghuan, where he was curious to see the newly installed elevators in the building. The building had been completely renovated with the Yinghuan logo displayed, making it look even more impressive. Two new elevators had been installed—one for Yinghuan employees and another for high-level staff. Both elevators were guarded by security, and non-employees were not allowed to use them.

Every day, Yinghuan's employees enjoyed the luxury of using the elevators, avoiding the crowded stairs and standing comfortably in spacious, exclusive elevators while other employees envied them. The high-level elevator even had sofas, so executives could reach their offices without having to stand.

"You bought this building and immediately gave yourself privileges? Too extravagant," Principal Wang said, sitting cross-legged in the elevator, shaking his head. However, his tone hinted at a little jealousy.

"I spent thirty billion, and you expect me not to have a few privileges? Is it because your dad doesn't let you live like this, so you're bitter?" Jiang Siming teased.

Principal Wang's father, the former richest man in Huaxia, was a man of humble origins, known for his simple lifestyle and upright character. He demanded high standards for himself and his family. Despite being the son of a billionaire, Principal Wang did not indulge in excessive luxury.

They continued through Jiang Siming's company, and once they reached the office, Principal Wang was impressed and decided that he would build a similar one for himself. Especially when he saw Jiang Siming's two secretaries, he nearly jumped out of jealousy.

"How did you find such perfect secretaries? Twins, too?" Principal Wang asked enviously.

"Do you want my secretaries? They're not free, but you can pick any car from my garage if you want," Principal Wang joked.

"My secretaries are off-limits. If you keep talking about them, I'll have security throw you out," Jiang Siming responded with authority.

Seeing that Jiang Siming wasn't budging, Principal Wang reluctantly gave up and decided to discuss serious matters. He moved to the meeting area, leaned back on the sofa, and made himself comfortable.

Jiang Siming asked Qi Muqing to bring some fruit and snacks, then sat beside Principal Wang.

"You must have heard of Bixin. Let me get into the specifics. This app company is currently the largest companion service company in the country, with a complete industry, all operations legal, and nearly 100,000 full-time companions, with hundreds of thousands of part-time ones. The website gets an average of 100 million visits per day, with daily profits reaching millions, covering various services, mainly chat and gaming."

"Now, Bixin is considering going public and urgently needs funding. This is our best opportunity. If we can seize it and take 10% of the shares during their Series A financing, it's a guaranteed win," Principal Wang said enthusiastically, barely noticing when Qi Muqing entered with the snacks, too focused on the potential deal.

Jiang Siming listened and then asked, "Ten percent is too little. What's the point of being a small shareholder?"

Principal Wang rolled his eyes and said, "Do you think I don't want to be the majority shareholder? Bixin has grown so big, and its current market valuation is already 300 million USD, which is nearly 2 billion RMB."

"Moreover, we have a strong competitor, NetEase NetCafe. They're very optimistic about Bixin and are determined to get in. It's expected that NetEase NetCafe will invest at least 1 billion in Series A funding, and with their deep pockets, Bixin will surely favor them."

"1 billion isn't that much, so what if we outbid them by a few hundred million?" Jiang Siming responded indifferently.

Principal Wang knocked on the table and quickly persuaded, "That's too risky. First, we don't even know what the future of Bixin will be. If the policies change, Bixin will be the first to be targeted. Plus, we can't be sure that Bixin will make it to Series B, C, D, or even further. If they don't, all our investment will be wasted. You can't just throw your money around like that."

Jiang Siming countered, "Since you've done so much research and pulled me into the partnership, it shows that subconsciously, you believe in its success. There's no such thing as 100% certainty in this world. If there's a 60% chance, it's worth taking the risk."

"Besides, your family is big and wealthy. Investing a few billion is nothing. Even if you lose, what's the worst that can happen? So, consider it as an experiment."

Principal Wang was left speechless. This guy was now far bolder than he was, treating ten billion like a mere trifle. His audacity was almost at the level of his father's small target of one billion.

"Do you know I've spent the money I earned myself these past few years? My dad stopped giving me sponsorship. If I had to take out this much at once, my Pusi Investment company would have to be emptied," Principal Wang said.

If Wang Jianlin were supporting him, he wouldn't hesitate, but right now, Principal Wang had to rely on his own earnings. His assets were only worth a few tens of billions.


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