Chapter 979: Chapter 729: Predestined Failure
“Chen, today’s project ca through because Su Zi’s father has so minor cooperation with us, which is why a vice president was sent to audit it personally.”
An’an’s recently revealed news was so surprising that Chu Qiuyan decided to learn more about the young female CEO Su Zi and the project she brought in advance.
Chu Qiuyan paused, then said, “Unfortunately, her project is too far-fetched. Not to ntion it overlaps too much with Tencent’s core ace, WeChat, but our collaboration with Penguin also started fifteen years ago. Our relationship has always been external competitors, internal strategic allies.”
Her aning was very clear; everyone knows the most crucial asset of Tencent is WeChat.
This is a truly national-level app, present on every person’s phone.
If people had to choose, most would likely uninstall Douyin and keep WeChat.
In such a scenario, trying to compete with Tencent in this business area…
Not to ntion technically, they can easily replicate it.
Financially, without a few hundred billion, it’s impossible to reach the threshold of competing with Tencent.
The Dream Fund indeed does not lack money, but their relationship with Tencent has been strategic-level alliances since fifteen years ago.
The sa goes for Big Ali.
Under such circumstances, Chu Qiuyan would never invest hundreds of billions in Su Zi.
One could say that from the mont she stepped into this building, she was destined to fail.
“Don’t consider my connection; I’m just a driver over there with no other factors involved.”
When Chu Qiuyan heard this, she was relieved. If the big boss had any special relationship over there…
No matter what, she would have to invest in this project and even exhaust all efforts to support it.
Even if it ans breaking into Tencent’s most core social fields.
Over the years, giants have ford a tacit understanding among themselves.
Besides Baidu, which has fallen behind, Tencent’s social, Ali’s e-comrce, and Byte’s short videos…
These are segnts where other giants simply cannot penetrate, nor will they disrupt.
In earlier years, they were entangled in fierce battles, only to later realize none could touch each other’s core businesses.
Blindly fighting would only waste money.
Everyone decided to lay low, except for Baidu.
After AI search appeared, very few people still use this decades-old search software nowadays.
Chu Qiuyan understands that whether it’s the current Dream Fund or the traditional sectors managed by Princess An’an…
They simply cannot compare with Tengfei’s three ace businesses: AI, mobile phones, and automobiles.
Not to ntion Teng You dia, managed by Zhang Wanyi, which controls influencers, short dramas, live streaming, retail, and is also one of the top five shareholders of TikTok.
In terms of competition, her Dream Fund is only famous externally.
Within the group, it doesn’t even qualify as a core business.
How could anyone fight against Tencent with such standing? It’s just not possible.
Chen Pingsheng himself often goes abroad to chat over tea with the two Boss Mas, and their private relationship is quite good.
Similarly, they have collaborated on many overseas projects. If they fought with each other, it would be quite the spectacle.
It would trigger a wave of capital realignnt, reminiscent of twenty years ago, where everyone had to choose sides first…
And then discuss making money.
This situation, although not harmful to current dostic business, is undeniably so attention-grabbing for the three of them.
This is the main reason why Su Zi cannot succeed.
Frankly, matters among the three giants do not leave room for outsiders.
Discussions happen over a few cups of tea, ending with laughter in private.
If agreents cannot be reached, either soone steps back or soone diates.
It’s rare for the situation to escalate to where billions co out for a public showdown.
This is what direct monopoly looks like after business and family giants beco established.
The road is blocked; it’s hard for ordinary people to climb the social ladder.
Even for a wealthy second-generation like Su Zi, it’s equally impossible to leap from an ordinary second-gen to a top-tier second-gen.
If the project were truly successful, it would at least grant her a net worth of several billion.
Sadly, she probably doesn’t even have that chance.
If Chen An took action, it would be entirely different, as she is already a part of this circle, and a top mber at that.
Chu Qiuyan made the right choice.
No matter how well-prepared Su Zi was, or how fantastic her presentation was…
Failure is destined to be unsuccessful.
Even to the end, Chu Qiuyan didn’t intervene.
After Chen Pingsheng spent an hour drinking tea, he didn’t even glance at the financial statents placed in front of him.
This made Chu Qiuyan feel that the big boss truly intends to completely withdraw.
An indescribable feeling rushed through her chest without hesitation.
It was ignorance and awe of the road ahead.
In the past, no matter what, as long as the big boss was around, everyone knew that no matter how big the difficulty, the big boss would step in to solve it.
He was the world’s sky.
Now, this sky withdrew in such a mundane and unexpected way at his peak…
And the retreat was so complete.
Even his wife is still fighting in her field all around.
Chu Qiuyan is confident that there’s only one who could retreat so thoroughly during his peak — that’s the big boss.
As for what he said, human wisdom is limited.
He had already devoted the best eighteen years of his life to the group.
When the group truly flourished globally, he didn’t even hold himself a grand farewell ceremony.
Chu Qiuyan is very sure that if the big boss held his retirent ceremony…
It would certainly shock the entire national and global business community.
Outsiders assu the always-mysterious founder of Tengying Group is still overseeing operations here…
Unbeknownst to them, he had intentions for a complete withdrawal five years ago.
And five years ago, he gradually released all managent duties of the group.
No one expected that after his five-year departure…
Both Tengying Group and today’s Tengfei Group remain a defining beacon in the rising sun.
Brilliant, illuminating the lives of most ordinary people.
Chu Qiuyan stood up top, not allowed by Chen to see him off, to avoid attracting the company’s attention.
The great man who had lit her path and guided her forward…
In the end, as he himself said, “You and I are both ordinary people.”
Coming from the mundane, passing through the vibrant, eventually returning to the ordinary.
The three stages of life are not clear to everyone, let alone traversable by all.
Most remain trapped within the small circle of their birth.
Never crossing it to truly see the beautiful and splendid world.
Compared to her current mixed emotions, perhaps Su Zi is the more disappointed one.
Her father warned her not to trespass into the core realms of the giants…
But she didn’t believe it; she was determined to grasp this opportunity.
Prepared as she was, in the end, the vice president truthfully inford her that such a project could be replicated seventy or eighty tis by their group’s technical departnt in minutes.
But why didn’t they do it?
Because they know that attempting to breach the defensive moats of the giants developed over decades…
Is simply unrealistic and utterly impossible.
Much like outsiders seeking to challenge their core territories, they would be crushed without any remnants by the best technology, maximum funds, and the best resources.
No one deceives her; their status eliminates the need to.
Fifteen years ago, they maintained a long-standing, fruitful collaboration with Penguin and Ali through Tengying Entertainnt!
Why should this be broken by an outsider?
And so, big projects perish, while small projects might still proceed.
The ruthless, harsh truth is laid bare before Su Zi.
Of course, she was not entirely without opportunity.
Chu Qiuyan, at the end, still had the vice president quietly pass along a ssage to her.
In Chu Qiuyan’s mind, the success of the project was irrelevant.
It’s rely a matter of so money, so resource issues.
Her main reason for having soone pass on a ssage to Su Zi was one and only one: not to see the big boss…
Retire… too early.
Reviews
All reviews (0)