Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 784 Chen Mo, are you trying to fob me off like a beggar?

After rambling on for about ten minutes, seeing Chen Mo staring at him expressionlessly, Jia Yueting felt a little uneasy. After all, some things are just empty promises; falsehoods are just that—falsehoods, and they can't be made true.

"Of course, I admit that LeEco's development is currently facing some minor problems, but it's just one step away from recovery. As long as it can catch up, I guarantee that the return on investment from the other side will be more than 2 times, or even 10 times is not impossible."

If it were any other business tycoon, they might have actually believed it. If Chen Mo hadn't known the outcome, he might have been fooled.

But he knew very well that LeEco wasn't just short of life; it was practically on its last breath!

However, Chen Mo did not immediately refuse, "How much do you want the other side to throw?"

"150 billion RMB will do."

Seeing that Chen Mo remained unmoved and silent, Jia Yueting felt uneasy and added, "Actually, 100 billion is enough, Mr. Chen. I haven't contacted anyone else; you were the first person I thought of. What do you think?"

"100 billion. That's not a lot. The other side can afford that amount."

Jia Yueting's heart skipped a beat. Could it be today?

He tried his best to restrain himself, but his face still showed a smile as wide as a foxtail grass. "You...you mean the other side is planning to surrender?"

"Invest? No, no, no, I think you've misunderstood, Mr. Jia. I meant to contribute 100 billion, not to invest 100 billion."

A bad feeling flashed through Jia Yueting's mind as he heard the word "exit." He frowned. "You...you mean..."

"100 billion yuan to acquire all of LeEco's businesses except for automobiles. I'll expand, and you'll shrink."

"All of 100 billion? Mr. Chen, are you kidding me?" As if he had heard a fairy tale, Jia Yueting's eyes widened, and he stammered, a rare occurrence for someone as fluent as him, due to his excitement.

Do I look like I'm joking?

Seeing Chen Mo's cold gaze, the small flame in Jia Yueting's heart began to die down, but he was still unwilling to give up. "Although LeEco's stock price is no longer as glorious as it once was, its market value is still 700 billion, you..."

As he spoke, Jia Yueting, looking like he wanted to get angry but dared not, muttered, "100 billion is still too cheap. Do you think I'm a garbage collector?"

"In my opinion, LeEco is now practically worthless. You have both Beyond and Xiaomi, and they're even better than you."
You know perfectly well where LeEco's funds have gone over the years, and I have my own sources of information too.

Upon hearing this, Jia Yueting couldn't bear to look Chen Mo in the eye, swallowed hard, and made a last-ditch effort.

"100 billion, Mr. Chen. If you invest this 100 billion in LeEco's super car, you'll definitely double your money back. I guarantee it with my integrity."

With 100 billion, you think you can build cars? Do you think you're Lei Jun? And Lei Jun at that age, 20 years old. You need to wait for the supply chain to mature.

Moreover, at this juncture, even Lei Jun's idea of ​​investing 100 billion yuan to build cars is a pipe dream.

Chen Mo slowly stood up, not wanting to continue the conversation. "Shortcut, see the guest out!"

Li Duanfa, who had recently been promoted to chairman's assistant after a selection process, heard the voice, opened the door, and stretched out his hand, "President Jia, this way please."

Jia Yueting gave Chen Mo a deep look, "Chen Mo, you will regret this decision!"

Chen Mo didn't even glance at Jia Yueting. "Whether I regret it or not is unimportant. I think you might regret not accepting the 100 billion price tag later."

"A word to the wise is enough," Jia Yueting snorted coldly and turned to leave.

He hadn't taken more than a few steps when he suddenly heard Chen Mo's voice, "Wait!"

Jia Yueting turned around and looked at the man he no longer dared to compare himself to, a smile playing on his lips and his eyes still filled with anticipation.

"Mr. Chen, you've changed your mind?" "Yes, I have. Next time you come, the other side will still acquire the LeEco business, but only for 50 billion!"

Jia Yueting's smile froze on his face. 50 billion? Is that how you treat a beggar?

So what if they have a little money? It's nothing special.

"Hmph! This world isn't just about one other shore, Chen Mo, we'll see."

After saying that, Jia Yueting really left.

LeEco, worth 100 billion, isn't really that important.

It's a piece of junk that's not bad in terms of cost-effectiveness.

Even if he were to take over, Chen Mo would never go it alone—he would definitely bring Lei Jun along to jointly manage the business.

After all, from software to hardware, LeEco's remaining businesses can just complete the ecosystem puzzle of LeEco and Xiaomi.

Moreover, Chen Mo had another ulterior motive: to use LeEco as a testing ground to see if a 4.5-day work week was feasible.

Since becoming the richest man in China, wealth has truly become a thing of the past for Chen Mo.

Aside from sharing some of my thoughts with Pony Ma some time ago, which was to bring down Alibaba and unite all forces that could be united to face external threats together.

The remaining part involves doing things befitting a billionaire, such as reshaping the industry rules of the internet and technology sector.
First there was Xu Beihong painting horses, then Qi Baishi painting shrimp, and now Jia Yueting is making empty promises!
As for his ability to make empty promises, Chen Mo had just witnessed it and had to admit that in some scenes, this "King of Promises" even impressed him—he simply couldn't bring himself to boast like that.

What Chen Mo admired about this guy was that even though Jia Yue knew he was lying and knew he could tell, he could still be sincere enough. Every lie came from the heart, his face was full of piety and emotion, and his acting was completely genuine.

If this were thrown into the entertainment industry, his acting skills would far surpass a bunch of popular celebrities, and he could even compete with veteran actors for the Best Actor award.

It's seven parts truth and three parts falsehood, exaggerating numbers and confusing concepts to continue making his ecological story believable.

Frequent press conferences, a constant stream of new projects, and a constant stream of rhetoric have become LeEco's current modus operandi.

Despite the flowery words Jia Yueting just spoke, and the seemingly effective solutions he proposed for the problems that have been exposed, such as facing up to the cash flow problem, stopping the cash-burning expansion, strategic withdrawal, and organizational restructuring, they all sound like reliable approaches.

But in Chen Mo's eyes, LeEco was basically dead. The only way to survive was to take the opportunity to open the floodgates of all the power stations and reservoirs upstream. As for what happened downstream, that was not a concern.

100 billion or 150 billion is not enough; at least 500 billion is needed to potentially turn this situation around, but that is only a possibility.

In a sense, LeEco and its counterpart, The Other Shore, are somewhat two sides of the same coin in certain business scenarios. However, The Other Shore is thriving, while LeEco is on the verge of collapse.

The root cause was a problem with the allocation of funds. Jia Yueting used more than half of the funds in places where they shouldn't have been used, resulting in a large deficit. However, this was also an advantage of Jia Yueting's background in accounting, as he used various 'financial techniques' to cover up the financial situation.

The situation is alright with the employees; he read Jia Yueting's internal letter, which was very persuasive and could keep LeEco's employees calm for a short time. But the situation with suppliers and the market is not so good; it has reached the point where it can't be contained anymore.

However, for now, LeEco, this leaky ship, can still sail forward for a while longer, so Jia Yueting refuses to give up and still wants to struggle.

I wonder if Jia's "white knight" will make a move again?
However, this is a minor issue.

Chen Mo stopped thinking about it and decided that once Jia Yueting realized the game was beyond saving, the other side could then step in to salvage the situation.
Let's watch the whole process of its collapse. When it happens, the other side won't mind collecting the scraps.

Whether LeEco will be owned by Sun or Jia in the future is not important.

(End of this chapter)