What's wrong with me being a rich man?

Chapter 483 Vision
A bombshell revelation has spread rapidly on Weibo.

An individual claiming to be a former employee of Singapore-based MusVid posted an article detailing the "close relationship" between Mus and Silicon Carbon Data. In addition to the text, the post included several photos of MusVid at work, including workstations in the Singapore office, colleagues from major domestic companies, and scenes of Lu Haiying, a senior executive from Silicon Carbon Data, chatting with Mus executives.

Lu Haiying is not well-known in the public eye, but those who are slightly familiar with Carbon Silicon Data or Yu Xing know that she is a founding member of the company and has already achieved financial freedom through the listing of Baixiaosheng.

The appearance of these photos greatly increased the credibility of the exposé, and the reposting and verification by many internet professionals and business media outlets allowed more people to see it.

MusVid? Lingang Silicon Carbon?
Mr. Yu?
Mr. Yu, who previously expressed his skepticism about Weishi?

What about Weishi? It's disbanded... no, it was merged into Weichao.

As a mobile app developed overseas, MusVid has not made much of a splash in mainstream Chinese media, but it is increasingly being placed on the desks of domestic companies in the short video industry, and is regarded as another overseas software worth studying.

Mus's explosive growth began to emerge during this year's Spring Festival. At that time, Weishi had not yet been merged, and it had already appeared in the top 50 of the Apple Store's overall ranking. Subsequently, it climbed all the way up into the top 20 and top 10, and finally topped the list in May, starting a two-month reign at the top of the rankings.

Domestic internet companies have gradually increased their attention to it over the past two months, and their thoughts are quite similar: they are considering whether they can bring this simple gameplay to domestic users.

Now, is Yu Xing the mastermind behind it?!
Weibo has a built-in "Miaopai" short video function, and Jia Zong, who was shocked when he saw the news, forwarded it.

did not expect!
But its appearance seems quite logical!
Damn, Yu Xing, you're just too...

"Disgusting! So disgusting!"

"If the scoop hadn't come out, would you have kept it from me forever?"

"What have I done to wrong you? Bai Xiaosheng, I've invested in WeChat, I've invested in Silicon Carbon Group and Silicon Carbon Data!"

"President Yu, President Yu, Yu Xing, Yu Xing, you are so kind!"

Xu Xin sounded very agitated on the phone, and the confirmation of the news by the person involved only made her feel even more disheartened.

Of course, personal relationships only account for a small part; the financial aspect makes it even more difficult for her to express her emotions. The most profitable part of venture capital is actually the early to mid-stage financing of a successful project.

Whether a project succeeds or not often depends on luck, but a reliable and capable entrepreneur can undoubtedly reduce the risk.

Yu Xing had already proven his abilities, and now he held far more resources than before. Naturally, he had a high success rate if he wanted to launch a new project, and this money-making opportunity had been quietly lurking right under his nose for so long...

What upset her even more was that Mr. Xiong found out before she did, and given his personality, it was highly likely that MusVid had already been invested.

Xu Xin said with feigned anger, "Yu Xing, you can refuse me, but you can't deny me a chance!"

"You flatter me, you flatter me, Sister Xin. Look at what you're saying. Like the financing support you just mentioned, I'm always grateful." Yu Xing apologized repeatedly. "The Mus project is mainly being done by carbon silicon data. As you know, my energy is mainly focused on car manufacturing. Since they're willing to do it, I'll let them give it a try. I don't know how it will turn out in the end."

Xu Xin's tone calmed down: "What about IDG? Have they already signed with Mus?"

Yu Xing made an "uh" sound.

Hearing this hesitation, Xu Xin knew the answer and couldn't help but say with a pained expression, "President Yu, what kind of bewitching drug did that guy surnamed Xiong give you?!"

Yu Xing said, half-jokingly and half-seriously, "President Xiong is willing to invest in the Silicon Carbon Group."

Xu Xin spoke frankly: "Are you blaming me for not continuing to vote?"

"No, I don't blame you," Yu Xing said with a smile. "Then you shouldn't blame me either. This is the direction that Zhong Zhiling and the others want to try, and it may not succeed."

Xu Xin simply said, "I want to vote!"

Yu Xing asked in bewilderment, "Which one should I vote for?"

Since Mr. Xiong hasn't started the binding process yet, I might as well take matters into my own hands.

Xu Xin understood the implication, and unable to give a definite answer for a moment, she said, "When I get to Lingang, let's meet and talk. President Yu, you really kept it a secret."

She ended the call, which was filled with questioning, emotional outbursts, and requests for investment.

As Xu Xin rushed to Lingang, she called Xiong Xiaoge again, but the call didn't go through.

She sat in the car, glancing at the equally shocked and mocking discussions on the Baixiaosheng Forum, and then at the list of overseas Apple phone brands posted there, with MusVid prominently displayed at the very top.

Xu Xin breathed a sigh of relief, and her mood suddenly improved.

In fact, the biggest victim of Mr. Yu's actions is undoubtedly the one who suffered the most.

Thinking about Tencent and the merged Weishi, my mood brightened.

Xu Xin received a call back from Xiong Xiaoge halfway through her journey.

She laid it all out in an annoyed tone, asking when the funding round had started and what Mus's development plans were.

"Oh dear, I just invested, only after the holiday," Xiong Xiaoge said with a smile. "But I don't know how it plans to develop, I don't know how it will operate overseas, or whether it will return to the domestic market."

Xu Xin frowned: "You're still hiding it from me!"

“I really didn’t hide it from you,” Xiong Xiaoge said. “The market competition is so complex, involving both overseas and domestic markets, as well as Facebook and Weibo. I trust Mr. Yu and his team’s capabilities, so I really didn’t ask any more questions.”

Xu Xin remained silent, a statement that was typical of Xiong Xiaoge's style.

She thought for a few seconds, then asked, "So what is the company's ultimate goal? Is it to go public independently or merge into Silicon Carbon Data?"

"It might operate independently," Xiong Xiaoge replied, then quickly added, "It might also be merged into Lingang Company. You can ask President Yu."

Xu Xin was somewhat helpless. She didn't know this or that, all she knew was how to invest money.

She said, "I'm on my way to Lingang."

Xiong Xiaoge said, "Okay, please give my regards to President Yu."

Xu Xin hung up the phone through gritted teeth.

She used the last few hours before arriving in Lingang to study MusVid's product format again and felt that this differentiated competition combining music and short videos was indeed like Mr. Yu's idea.

Looking back at the current state of carbon silicon data, it seems that the company has the resources to launch similar projects in China.

If we take Apple's rankings as further evidence, the overall rankings for two consecutive months undoubtedly demonstrate a relatively stable level of growth.

Most importantly, this time is different from the past. In the past, overseas markets had already been developed, but now both overseas and domestic markets are still in a state of untapped potential, which makes it even more necessary to amplify the ability to grasp the market.

Xu Xin arrived at the Silicon Carbon Group and used facial recognition to get to the president's office, but couldn't find anyone. She then learned that Yu Xing was already in a meeting at Silicon Carbon Data next door regarding the sudden incident. When she went next door, she saw her secretary, Zhang Yangxu, already waiting.

Xu Xin asked, "When will the meeting end?"

As Zhang Yangxu pointed out the direction, he said, "President Yu said that President Xu is not an outsider, and if he is interested, he can attend the meeting directly."

Hearing this, Xu Xin breathed a sigh of relief.

She didn't stand on ceremony and went straight into the conference room.

"Mr. Xu is here, please have a seat." Yu Xing stood up to welcome him and even reserved a seat next to him, fully expressing his respect for the shareholder.

Xu Xin felt a little relieved. She had originally planned to launch into a preemptive questioning upon meeting him, since Today Capital held shares in Carbon Silicon Data, yet they hadn't been informed at all about such a major matter as cooperation or investment overseas.

However, since he was being respected in front of many senior executives of Silicon Carbon Data Company, he could only put on a smiling face.

"Where were we?" Yu Xing sat down again, his expression turning serious. "Speaking of the competition we face in China, Mus is doing well right now, but we have zero presence in China. This could very well disrupt our business development plans."

"According to our original plan, we would wait until the algorithm was fully tested and evolved on Mus before turning our attention to the domestic market. However, this leak may indirectly prompt our competitors and potential competitors to invest resources. To put it bluntly, Lingang is already quite well-known in the mobile internet industry."

Lingang silicon carbon is an industry term.

In the automotive industry, this term refers to Silicon Carbon Group, while in the internet industry, the same term is used to refer to Mr. Yu and his Silicon Carbon Data company.

Mr. Yu is very important, and so is Carbon Silicon Data Company.

This reputation, which has been established since the development of mobile internet in the country, is indeed influential.

CEO Zhong Zhiling shook his head and said, "This kind of small leak has caused a big impact. It really reminds me of the various situations on Baixiaosheng. MUS's confidentiality agreement has many provisions. We can find out who that person is."

He often communicated with Lü Haiying. MusVid was always recruiting and the turnover rate was not high. Even the angle of the photo could narrow down the scope.

Yu Xing laughed and said, "Forget it, things have come to this. The more important thing is to readjust the development plan. Now there is a question in front of us: when should we start in the domestic market?"

"The domestic market is definitely viable. We've done it before with Weishi, and now there's Weibo, and Kuaishou is doing well recently. Including Weishi and the short video function in WeChat Moments, I think it can effectively help users become familiar with this new format." Zhong Zhiling first established the premise, then added, "Can we do it now? If we don't do it now..."

"Mus's model may soon be replicated in China. I personally feel that the lip-syncing format is quite addictive, and its spread among overseas users has already been confirmed."

"If a domestic company were to develop this, and if it could capture users' minds..."

"To put it bluntly, if Tencent's Weishi were to revive and replicate Mus using a music + short video format, it would have a high chance of success, given that it already has the team and copyrights of QQ Music. If we were to try to catch up then, it would be much more difficult."

Tencent didn't do it before because of WeChat's position; now that it's going to do it, it's probably because of Mr. Yu's position.

Yu Xing nodded slightly upon hearing Zhong Zhiling's words; this was the source of his concern.

The discussion in the conference room continued following Zhong Zhiling's words, and the mainstream opinion was that carbon silicon data could help Mus expand its presence in the domestic market.

Yu Xing initially participated in the discussion, but soon fell into deep thought. If it were to be done in China, it might not necessarily have to follow the vertical segmentation approach of Mus. It could be possible to consider all types of short video formats.

Xu Xin attended this internal meeting of Carbon Silicon Data and listened attentively to the ideas of many senior executives. At the end, she noticed that General Manager Yu was deep in thought.

She reached out and wrote something in the notebook, then tore off the page and handed it to Yu Xing.

Yu Xing thought it was President Xu's reflection on the meeting content, but when he took it and looked at it, he found that it was just three words.

—You're really something!

Yu Xing smiled at Xu Xin, but before he could speak, he felt the phone vibrate. He glanced at it and saw it was Liu Chiping from Tencent.

He hesitated for two seconds, signaled everyone to be quiet, and then answered the phone.

The sound was somewhat harsh.

Yu Xing moved his phone further away, but seeing that it was still blaring, he had no choice but to hang up and block the number.

The business world is like a battlefield; these kinds of things should be something we can all understand each other about.

The people in the conference room looked at President Yu's actions and seemed to exchange glances for a moment before continuing their discussion.

The business world is like a battlefield, and battlefields are inevitably rife with hidden dangers and sabotage.

……

Yu Xing is really something!

That's going too far!

First, they criticized Tencent's Weishi, then they provoked Alibaba's WeChat to add short videos, and then they quietly launched a similar project overseas. It's really... unethical!
As the Weibo post spread and gained traction, more information came to light.

It is said that Singapore's MusVid has already received funding.

It is said that this Mus absorbed many employees from the disbanded Weishi.

It is said that Xing Hongyu, the former head of Weishi, has also switched to Silicon Carbon!

More information came with more evidence, including photos of Xing Hongyu appearing in the US market.

It's said that life doesn't have that many spectators, but there are always photos from different perspectives, whether they are from international students, employees in the US, or daily sharing on overseas social media.

Weishi was dissolved, and its person in charge was directly bailed out.

That's immoral! Absolutely immoral!
What's most astonishing is that the videos where Mr. Yu repeatedly expressed his pessimism about Weishi are still around, yet he suddenly started making a big splash with it.

Tencent's general office held a small meeting, not specifically about short videos, but the topic was brought up again, albeit seemingly casually, at the end of the meeting.

Carbon Silicon Data seems to be optimistic about the development of short videos. What should Tencent do?
There was a discussion on "brother topics" on Tencent, where Carbon Silicon Data seemed to be pessimistic about the development of short videos. What should Tencent do?
Liu Chiping chaired the meeting, but he could hardly contain his frustration.

No one is more shameless than Yu Xing, and no one is more cunning than Yu Xing!

While a meeting was being held at Tencent's headquarters, the company was also buzzing with discussion. There was much indignation and astonishment regarding the reversal from Lingang Carbon Silicon. Some members of the original Weishi team were particularly aggrieved, thinking, "So you went out to develop the new Weishi but didn't take me with you..."

After a long time, everyone came to the conclusion that we can trust Mr. Yu's judgment, but we shouldn't easily believe the judgment he displays!
(End of this chapter)