Game of Life: Signing Internet Celebrities from a Bar

Chapter 622 A Letter to Chen Jincheng: Every Time Will Be Different!

No one expected that during the Spring Festival today, the once-thriving Kuaishou would undergo such a dramatic change.

The precipitous drop in market value is astonishing.

According to the latest data from the new day, Kuaishou's value has fallen below 2 trillion.

In other words, at this point, the capital invested in acquiring Chen Jincheng's shares has already incurred a loss.

Before the Spring Festival, after Kuaishou went public, it was all the rage, especially Mr. Chen, who almost became a super big shot in the financial circle, giving his opinions on everything.

His targeting of Chan Kam-ching even led some to believe that Chan Kam-ching was nothing special.

Looking back now, everyone realizes that Chan Kam-ching was the wise man.

After all, he escaped unscathed and even became the richest man in the country.

Looking at Chen Yixiao, he was previously in the top 20, but has now fallen to 32nd.

Moreover, his position may drop significantly starting tomorrow.

With its daily active users surpassed by Tei-on once again, Kuaishou seems to have truly lost its last chance.

In other words, before the Spring Festival, Chen Jincheng said that giving out red envelopes was an act of repaying evil with kindness, giving the chopsticks a last glimmer of hope.

However, it is clear that this Mr. Chen did not seize the opportunity.

One blogger even commented: "The changes that occurred during the Spring Festival reminded me of some ancient figures who were about to gain power, such as Xiang Yu and Yuan Shao. They all had one thing in common: they had the opportunity to gain power and become the strongest."

"Unfortunately, they were stubborn and arrogant. Despite having the best strategists in the world, they refused to listen to their advice and ultimately lost the world."

"Mr. Chen of Kuaishou is certainly not qualified to be compared with these two, but his situation is similar to theirs in the short video platform testing."

"After all, the Chopsticks Hands have already reached the top, and they can even maintain it. If they just listen to Chen Jincheng's advice once, the result will be different."

"For example, before Kuaishou was launched, the conflict between this General Manager Chen and Chen Jincheng was well known. At that time, Chen Jincheng said that Kuaishou's foundation was not yet solid, and even implicitly suggested that the market should be stabilized. At that time, he probably already knew that Tiyin would be a threat."

"If it were Chen Jincheng, he would have definitely suppressed Tien Yin with all his might at that time, leaving Tien Yin with no chance to turn things around before considering going public."

"Unfortunately, Mr. Chen of Kuaishou did not do that. He did not listen to any of the advice and even contacted investors to target Chen Jincheng when Kuaishou went public."

"Now, all the capital that he contacted has gone into a state of loss. Their assets will shrink day by day in the coming days. It seems that these people are all thinking of taking advantage of that Mr. Chen."

"If this time, if this General Manager Chen listens to Chen Jincheng's advice and adopts the strategy of giving out red envelopes, then Kuaishou may have a turning point."

"Unfortunately, Chopsticks didn't pay any attention to this suggestion. Instead, it was used by Kagune and became the weapon that defeated them."

"So, this Mr. Chen should have woken up from his dream by now."

This blogger's video analysis quickly went viral because it was very reasonable, and the facts were clearly as described.

Chen Yixiao naturally saw the video news, so many employees of Kuaishou heard the sound of smashing coming from an office.

Chen Yixiao's face was more pale than ever before; the blogger's analysis video almost made him vomit blood.

This is yet another video praising Chan Kam-ching.

What do these people know?

But he had to admit that what they said was right.

He simply couldn't think of a way to deal with it.

Therefore, he could only hold a meeting, hoping that the senior management of Kuaishou could come up with a solution. Unfortunately, the senior management of Kuaishou seemed to fall into a collective silence at this time, and could not come up with any useful countermeasures at all.

In fact, he should have realized this when he thought about it. If someone could really turn the tide at this time, they wouldn't have failed to see the hidden dangers of Kuaishou rushing to go public and leaving behind a problem.

A day passed just like that. The next day, Chen Yixiao looked at the market value of Kuaishou plummeting again, and he felt a pain in his heart.

1.6 trillion.

This is terrifyingly disruptive data.

Chen Yixiao's wealth ranking has dropped again. The key point is that at this point, even if he wanted to cash out, he couldn't, because there was simply no way to sell.

Even if they wanted to implement an official review process, no one would accept chopsticks at this point, unless that person was crazy.

As Kuaishou experienced another precipitous drop of over 2500 billion yuan, the valuation of Ershixingcheng actually increased at this time, directly exceeding 3000 billion yuan.

This estimate is actually quite high for the current second-generation stars.

There was nothing they could do; their largest shareholder was the richest man in the country, and he had never lost a case in the market.

This incident involving Kuaishou also demonstrates that this richest man has the ability to create a unicorn company.

If Kuaishou had followed his ideas, it would already be a unicorn, and it wouldn't be impossible for it to challenge Tencent's position in the internet industry.

Unfortunately, although the person who wielded the chopsticks also shared the surname Chen, he did not possess Chen Jincheng's abilities.

Now that Chen Jincheng has control of the Second Generation Star, there is reason to believe that it will grow even stronger in the future.

Therefore, the inflated valuation is all because of Chen Jincheng, and that's why those investors are investing.

Lei Xiaojun once said that investing is actually about investing in people, and the value of that statement continues to grow.

If Chen Jincheng hadn't been at Second Star, the valuation of Second Star would have plummeted.

Beijing.

Mr. Zhao and Lei Xiaojun arranged to meet again for tea.

The two were also filled with disbelief; the market value of Kuaishou had evaporated during the Spring Festival, leaving them dumbfounded.

"Mr. Lei, do you think all of this was within Mr. Chen's expectations?" Mr. Zhao asked with a serious expression.

Lei Xiaojun was also shocked: "Anyway, I'm quite shocked. If President Chen hadn't anticipated this situation, he wouldn't have done so many things to provoke Chen Yixiao. He should have wanted to withdraw a long time ago."

Mr. Zhao then thought of something: "Mr. Lei, do you think Mr. Chen specifically raised so much money to invest in Kuaishou just to make a profit from this wealth?"

Lei Xiaojun was visibly taken aback upon hearing this: "Otherwise what? Because of this fortune, President Chen has become the richest man in the world. Such a scheming move is something that few people can pull off in their entire lives. This should be the most brilliant business plan in modern times."

"That's true." Mr. Zhao nodded, agreeing with the assessment. Just then, he received a phone call.

It turned out to be a call from General Manager Chen.

He answered the call immediately, and after hearing what Mr. Chen said on the other end, he was immediately shocked.

The change in that expression even captivated Lei Xiaojun; for this person to show such a reaction, something truly incredible must have happened. (End of Chapter)