this man is not calm

Chapter 537 If you can't avoid it, take the initiative.
It needs to be made clear that media outlets can have a stance, but they cannot be biased, and they certainly cannot become the mouthpiece of bosses or a tiny minority. This industry has the strongest public attribute, and once it loses its independent third-party status, it will become a niche platform for a small circle to entertain itself.

Such stereotypes are almost impossible to break. For example, Skype is used by workplace elites to show off, Momo is used to shake your phone to meet people nearby, Wangwang is used for shopping communication and complaints, DingTalk is used for clocking in at work, QQ is used by kids to show off or as a work account that can be abandoned at any time without feeling bad, and WeChat is used for serious chatting, socializing, and joining groups with relatives and friends to chat and brag.

In a market with few users, you have to try to do everything at once, otherwise you won't be able to build a basic social network moat. This is why internet platforms have to try every means to increase the number of users in the early stages. But once the number of users rises to tens of millions or hundreds of millions, such a large amount of traffic will give rise to a series of niche markets. They are of different sizes. Those that cater to multiple needs are large in scale, while those that have a small scope take a specialized route.

Yahoo, an early internet giant in the previous era, is a classic example. It was very successful at the beginning of its business, but once it faced competition in various niche markets, its all-encompassing, mixed-use model became unworkable.

Some decisions, once made wrong, are difficult to reverse even for the boss and founder.

The most essential and highest-quality output of the instant messaging industry chain and social SNS is traffic output. However, the two have different "tones". They can cooperate and improve each other, but if they are confused and considered together, they will fall into a situation where one is neglected and the other is dragged down.

If there are no competitors, and there is only one such product on the market, then it's fine for users to have no choice. But if a competing product that better meets the needs of netizens appears, then things are hard to say.

The current situation is still relatively optimistic for Jinxi Culture, but we cannot let our guard down, especially with our instant messaging and social networking sites, which serve as our external calling card. Although they are not making much money at the moment, the buzz they have generated is enough to make our competitors take notice and be wary.

"At this critical moment of competition with Fetion, what we need to do is to 'use a point to drive the whole area,' take small steps quickly, and move forward steadily, rather than rushing in haphazardly. That would be like a disorganized mess, adding chaos without any strategy. We must stay focused and not lose our composure."

Listing on the stock exchange?

If Kim Sang had wanted to, he could have found a way to forcefully push for the bell-ringing ceremony two years ago, but what would have been the point?
What Jinshang lacks is not the money from financing, but truly capable and like-minded partners and important collaborators.

"If we're not focused on performance in the short term, then I'm fine."

Yin Feiyang spoke very sincerely.

"Row!"

His subtext was that performance indicators would definitely not be able to be assessed in the next two years, and if they couldn't make money or even lost money, he hoped that the boss, Jinshang, wouldn't mind.

Xiao Jin, who was well-prepared, would certainly not be so demanding. Although he could barely keep the books balanced by his strong coordination skills when he was in charge, Yin Feiyang would definitely not be able to force a profit.
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April 20th, Grain Rain, the fifth day of the third lunar month, almost a month after Jin Shang and Li Xuan's wedding.

The two didn't have a special honeymoon trip; instead, they went on vacation for about ten days, and were still quite busy with work after returning.

Today is special because it's the first major event Jiang Long accomplished after becoming CEO of Jinxi Mall. With an actual market value of 150 billion, he released 10% of the shares, raising over 17.5 billion in actual financing.

The publicly announced funding round was Series B, but the introduction of Ice River Trading in the Series A round was more like bringing in a partner. This is the first time the company has publicly raised funds.

In any case, the agreement officially came into effect when Kim Sang signed the authorization letter.

The financing framework was finalized in the first half of last year, but the details were not agreed upon and went back and forth for a long time before it was finally settled.

As the person who made the first contribution after taking office, Jiang Long also made great efforts. His negotiation style is very different from Wei Shuangping's. The former's professional ability is not as good as the latter's, but his advantages of being good at communication and learning, having strong practical skills, and being good at social maneuvering are quite obvious.

The amount of financing was about 12 percent higher than Jinshang's most optimistic estimate, which was a pleasant surprise.

With investors primarily consisting of banks, postal services, industrial capital, sovereign wealth funds, and state-owned asset management companies, the stability of strategic investors is guaranteed. This ensures that management stability will not be affected by fluctuations in the investor base, allowing Jinxi Mall to adhere to its long-term strategic development path.

The long-delayed financing was confirmed in this way, making the outside world realize once again the terrifying wealth-creating power of the internet industry.

If only paper wealth is considered, Kim Sang's personal net worth would exceed 120 billion.

If Jinxi Mall were to be sold for a price of 100 billion, would a mysterious tycoon be willing to take it over?
Out of curiosity, Kim Sang couldn't resist giving it a try. However, considering that if it were really just a prank, the opponents would all be mysterious buyers who were either rich or powerful, and he might not be able to afford to offend them, but dealing with them would definitely be troublesome, so he gave up the idea.

If calculated using current purchasing power parity, what was Beijing's GDP in 1998?

It's just a little short of 210 billion.

If we're going to talk this irresponsibly, Kim Sang could easily be called "Half-City of Kim," at least on the surface, if we don't count the big fish hiding beneath the surface.

This also reminded Jin Shang of Shen Wansan, the wealthy man from the early Ming Dynasty in his previous life. The bubble created by internet capital has inflated Jin Shang's paper wealth to the point that he is even richer than the "richest man in Jiangnan" who met a tragic end. It's really too exaggerated.

Jin Shang himself has a deep understanding of his own wealth. Whether it is billions, tens of billions or hundreds of billions, there is no difference in essence. Ordinary people may be interested in a series of eye-catching zeros, but for someone like Jin Shang, his understanding of the capital he owns has long surpassed the simple act of making money, not to mention superficial things like valuation and market value.

For example, the founder of a cryptocurrency trading platform, or a financial tycoon with so-called assets worth hundreds of billions, have made their fortunes on the other side of the Pacific Ocean. Or a real estate developer who cashed out a bank loan and bought a so-called reliable family trust—that money is now yours?
Those are just temporarily held in your account; you're basically someone else's "fat pig," a walking protein "ATM."

If someone steals or robs you, you can only protect your wealth if you have the ability to smash their head open or sink them in the Mississippi River. If you can't do that, don't trust trust fund or similar investment products. The more money you have, the more dangerous it is.

"There have suddenly been a lot of reports online about the youngest richest man. Did you do that? Didn't you used to say you didn't like putting yourself in the spotlight? Why are you no longer trying to control yourself?"

"It can't be hidden, and... the internet age is getting closer and closer. If I don't pursue a political career, but instead take a purely business and entrepreneurial path, and the company grows bigger and bigger, it will be a big problem if I don't have any public recognition. After all, Old Huang can't live forever. He's over ninety years old. It wouldn't be surprising if he closed his eyes and never woke up again."

Jin Shanghao, who had anticipated this question, answered calmly. He glanced at his newlywed wife, Li Xuan, who was sitting in the passenger seat reading today's morning paper without getting dizzy, and then continued to explain, "Actually, it's not that I want to loudly proclaim myself as the 'richest man.' Real 'old money' people wouldn't even look at that title. Only nouveau riche are smug and think they're so great. The investors have a requirement for information disclosure, and my attitude towards this matter is... not to publicize it excessively, but to guide it accordingly."

No explanation, no denial, no statement, no responsibility.

Some local tycoons, whose wealth was of questionable quality, did not believe that Jin Shang, this young upstart, was anything special. They considered themselves to be much richer and openly expressed their disdain and dissatisfaction with Jin Shang.

Jin Shang simply couldn't be bothered with these guys who got a little money and then lost all sense of their own worth.

“I’ve chatted with my grandmother a few times. She has a lot of knowledge and it’s really helpful.”

"For example?"

Li Xuan put away the newspaper and said with a slight smile:

"What most ordinary people consider important before breaking through the glass ceiling is actually insignificant to those at higher levels. And the seemingly trivial details they deem unimportant are key to going further and higher. Like the saying 'no merchant is honest,' nouveau riche believe that using any means necessary in the early stages of wealth accumulation is not a big deal; many people have dirty first pots of gold, and they'll naturally clean themselves up once they're on the right track. But…"

The concept of "original sin" does not have a completely equivalent term in Eastern culture, but that does not mean that there is nothing similar.

In the chapter "Responding to Emperors" of the Zhuangzi, it is written that the emperor of the South Sea was Shu, the emperor of the North Sea was Hu, and the emperor of the Central Region was Hundun. Shu and Hu often met in the land of Hundun, and Hundun treated them very well. Shu and Hu plotted to repay Hundun's kindness, saying, "Humans all have seven orifices for seeing, hearing, eating, and breathing, but this one alone has none. Let's try to carve them out." They carved one orifice each day, and after seven days, Hundun died.

The original sin in the West is that Adam and Eve were tempted by the serpent. Compared with this kind of "breach of contract", the original sin in the East is more like "murder" caused by "loyalty".

The original intentions of 倏 and 忽 were good, but the mistake of doing bad things with good intentions, causing chaos to die as a result, is beyond doubt.

There are many interpretations of Eastern and Western narratives, and they are still controversial. However, with the continuous progress of modern society, economic development, and the deepening of capital, there is an increasing tendency to rush towards a self-centered view of the world in the direction of spiritual victory.

Unlike the straightforward expression in the West, the initial blame for the mistakes in the East has been diluted by the secular and pragmatic culture. However, it has not disappeared, but rather been covered up, expelled from the level of conscious awareness, and buried deep in the subconscious.

However, when the collective unconscious of the masses manifests, the deepest and most firmly rooted thorn will be exposed like a volcanic eruption.

These so-called entrepreneurs or successful businessmen, their every move will be scrutinized under the public opinion of almost the entire population in the Internet age.

"Public figures are not immune to making mistakes, but they absolutely cannot make fundamental errors, carrying the burden of corporate ethics on their own shoulders and turning it into a heavy burden that crushes their personal morality."

Li Xuan's words made Jin Shang think more deeply.

For example, a certain whole grain brand is not good enough at making cars and air conditioners, and its publicity and service are also inadequate.

However, there are plenty of companies that fail to manufacture electric vehicles and air conditioners properly, and many that are criticized by customers for poor after-sales service. Even TV manufacturers are selling electric vehicles. Regardless of the quality or service, no other company would be caught in such a public opinion storm.

Ultimately, it was the founder's carelessness that led him to confuse personal ethics with corporate ethics.

You can't be complacent after using your boss's charismatic image to protect the company, only to try to distance yourself from it after being dragged down.

In a marketing strategy that involves sharing both glory and hardship, one cannot simply enjoy the benefits without bearing the consequences.

Similarly, the benefits and costs of other choices are complementary, inseparable, and indivisible.

After listening to Li Xuan's many words, Jin Shang was deeply moved and concluded:
"Our Eastern-style social morality is, in essence, too mature. While emphasizing the unity of man and nature, we also draw on the Western idea of ​​human-centeredness. The discovery and respect for people are engraved in the core of our culture and deeply ingrained in our bones, rather than just empty talk like in Europe and America, where we only emphasize what is useful and discard what is not."

If we... incur public wrath, we might be attacked under the guise of "punishing the guilty and relieving the people," and then it's hard to say if anyone will be willing to say a few good words for us.

"Therefore, the best way to counter 'punishing the guilty and relieving the people' is to raise the banner of 'punishing the guilty and relieving the people' ourselves, become an entrepreneur of the people, a conscientious and good boss, a well-known philanthropist, an artist of both virtue and talent, and a local cultural figure rooted in the core of culture..."

All of this is promoting a stereotype to society.

“I am a ‘child of the family’ who has no ‘original sin’ and is not caught in a moral dilemma of ‘loyalty’ and unable to move forward or backward. Naturally, the money I make from the company I founded is clean. Even though I don’t want to conflate the two, when we are rich to this extent, we shouldn’t talk about personal rights and measure ourselves by the standards of ordinary people.”

There are no private matters in the imperial family, no privacy for celebrities and artists, and no tycoon who is rich but heartless. Whether you take this opportunity or not, once you've taken this job, don't complain before you put it down, or you won't be able to make a living.

"If you can't hide it, then expose it proactively and seize the initiative? Fortunately, we've already seized the bridgehead of the internet age..."

"Let's not talk about that. You still haven't mentioned which things seem useless but are actually very useful."

Kim Sang-ru changed the subject.

(End of this chapter)