Moreover, many of the companies Chen Yiyang invested in are mostly in the field of innovation, with few heavy assets.
But all the industries where ChaseMifty invests require enormous input; you can't even get in the door without investing hundreds of billions.
To be honest, looking at the industries ChaseMifty has announced they're entering these past few years.
Chen Yiyang feels that even if he uses investnt intelligence to cheat, he might not succeed in so many fields.
Does the owner of ChaseMifty have a plugin as well?
"Never mind." Chen Yiyang originally thought he had t a formidable rival.
But now, it seems this guy is here to ss around abstractly.
So there's not much to worry about; the new energy electric car field hasn't welcod a player in the sa ecological niche as Yiyang Automobile.
However, Chen Yiyang didn't pay much attention to ChaseMifty; instead, ChaseMifty's owner, Yu Hao, actively reached out to Chen Yiyang, wanting to have a chat.
ChaseMifty is a unicorn star company in the neighboring province of Lin'an. However, since everyone is in the Jiangsu-Zhejiang-Shanghai business circle, they often et, so so courtesy must be given.
Thus, Chen Yiyang happily agreed to et and have a face-to-face with him.
"Mr. Chen, I've wanted to et you for a long ti." Yu Hao hosted the dinner at an upscale restaurant, inviting Chen Yiyang.
After seeing Chen Yiyang walk in, Yu Hao imdiately ca over enthusiastically to greet him.
"What's the deal?" Chen Yiyang looked at Yu Hao.
Yu Hao is an 80s generation, not much older than Chen Yiyang, so the two didn't have a serious communication barrier.
"I've closely studied your investnt moves over the years and believe our investnt and business philosophies are very similar."
Uh.
Hearing Yu Hao's words, Chen Yiyang was sowhat speechless.
I have a cheat to do this; what, do you have one too?
"Mr. Chen has invested in so many fields, from AI to drones, from robots to automobiles, and you've been very successful in every industry.
Though I'm a few years older than you, Mr. Chen, I lack the courage; therefore, I started investing several years later and missed the step, needing several more years to see my investnt results."
Chen Yiyang felt that this buddy either really got a cheat these years or is living in a dream.
He has investnt intelligence, knowing which companies will develop in the future, and that's how he managed to invest successfully at the beginning.
He directly assembled his team, recruited personnel to enter these fields.
There's a paradox here: if one has the ability to achieve results in these erging fields, they can form a team, attract investnt, and start their own business; they wouldn't typically go to work directly at a big company.
And those who don't have that capability still can't produce outcos from the big company's support.
After all, many technologies and fraworks need to be built from scratch in erging fields. While funding is crucial, it's not the critical factor for success in these areas.
So, Yu Hao's success would be a miracle.
But since the two didn't have any disputes, Chen Yiyang said a few polite words to complint Yu Hao.
"Hahaha." Upon hearing the praise, Yu Hao imdiately replied, "Little Brother Chen, when I make a na for myself in these fields, I certainly won't monopolize the market; we'll make money together."
I've suddenly been downgraded to little brother?
It's the first ti soone called him little brother after Chen Yiyang beca a billionaire mogul.
This Yu Hao must be overly encouraged by his employees.
"By the way, Little Brother Chen," Yu Hao thought of sothing and continued, "I poached two people from your company earlier; I need to apologize with this al."
"It's nothing; people have their aspirations, which is perfectly normal," Chen Yiyang replied, using a cold as an excuse to turn down Yu Hao's toast.
"By the way, your two subordinates and the company signed a non-compete agreent; when I poached them, I promised to help resolve this issue for them. Little Brother Chen, can you kindly forgive them?"
"I'm not a mafia; what's there to forgive?" Chen Yiyang said, "Just go through legal procedures normally."
Upon hearing Chen Yiyang's words, Yu Hao's face had an awkward expression.
But he didn't say anything further; instead, he changed the subject and chatted a bit before speaking again,
"By the way, my car-making project already has an investnt agreent from Rice. Although I don't lack funds, I need to collaborate with so car manufacturers to solve so supply chain issues. Does Yiyang Automobile have any plans to cooperate with us?"
"What kind of cooperation?" Chen Yiyang asked.
"Yiyang Automobile can supply us with so components, and the paynt for goods could be converted into investnt shares. The non-compete compensation for those two talents could also be converted into investnt shares."
"No thanks." Hearing the proposal to tie Yiyang Automobile into the deal, Chen Yiyang imdiately shook his head and refused, "Yiyang Automobile's finances aren't very healthy; if we supply goods without receiving cash, it might impact our production."
"If that's the case, then there's nothing to discuss." After Yu Hao spoke, his face turned cold and he no longer acted warmly toward Chen Yiyang.
Thus, the al wasn't very enjoyable for either of them, despite several attempts by employees from both sides to lighten the mood.
But seeing their bosses with such tense expressions, both sides dared not act too enthusiastic either.
In the end, everyone parted without amiability.
Chen Yiyang didn't see Yu Hao off; he just went directly ho.
"How was dinner today?" Upon return, the ho accountant asked curiously.
"Not great; this guy seems to be soone pampered so much by his subordinates that he doesn't know who he is."
Chen Yiyang made his judgnt on Yu Hao.
With owners like Yu Hao, achieving fa young and succeeding at his first venture, making substantial profits, it's easy to quickly beco overconfident, with subordinates and employees around him flattering him so much that he forgets his roots.
This explains why, despite ChaseMifty doing well in the robotic vacuum industry, it suddenly began investing across different sectors frequently.
Because the boss is inflated, thinking he can earn from other fields too.
Employees and subordinates are eager to flatter the boss, as with ChaseMifty investing frequently, they benefit by getting chances to line their own pockets.
The result is investing more and becoming poorer.
The early-stage investnt can't recoup, thus betting on more investnts for rebound.
Now ChaseMifty has fully followed its boss into a fantasy.
If he sincerely entered the electric vehicle sector and started from the low-end, Chen Yiyang would have respected him.
Yet, he cos in targeting supercars right away, doing sothing unprecedented.
It only shows ChaseMifty has gone entirely mad, hoping by investing in various sectors, they can flip around and prove the boss's decisions weren't wrong.
But that's no longer related to Chen Yiyang.
The ho accountant, noticing Chen Yiyang's downcast mood, changed the subject and shared, "I just saw a news story on my phone, where a woman complained about a wall painting at the Lu Xun Museum showing Mr. Lu Xun smoking, saying it could set a bad example for children."
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