Only after being reborn did I realize how fascinating the world of the rich is.
Chapter 526 I'm not optimistic about the future of Jia Shiwang
Since Li Xiaofeng got Jiang Xueying involved in charity work, he has also started to spend time attending business gatherings instead of staying in the Li Group, his own backyard.
He attended these kinds of gatherings partly to support Jiang Xueying and make it easier for her to raise funds, and partly to expand the network of contacts within the Li Group.
Soon, he received an invitation from Cao Jinpeng to a business gathering of wealthy second-generation individuals. The gathering was mainly for exchanging information on investment and promoting cooperation among them.
Although Li Xiaofeng is a self-made millionaire, he is young and relatively young. After all, he and Cao Jinpeng were classmates and are about the same age.
When he arrived at the place, he looked around and did not see Cao Jinpeng, but he saw Qin Kai and Wang Shao Cong sitting at a small round table chatting nearby.
Li Xiaofeng nodded to them, intending to say hello briefly before finding a place to sit down, but unexpectedly Qin Kai stood up, walked straight over, and warmly invited him to sit down.
"Mr. Li, I didn't expect you to come to an event like this. It just so happens that Shao Cong and I are discussing some things. Could you give us some pointers?"
"Haha, Mr. Qin, you're too kind. You're a legend in the real estate industry, and now that you've successfully retired, you don't need my guidance at all!"
"Look at what you're saying. I might be able to hold my own against other people, but in front of you, Mr. Li, I'm just a little brother. Come on, if you don't have anything else to do, let's chat here!"
"To be honest, it was Boss Cao who dragged me here this time. Xueying is here to raise funds, and Qianqian is here to discuss some advertising business. I'm here to support them."
Qin Kai glanced around and said with a smile, "It seems that President Cao hasn't arrived yet. You can go over when he arrives. The two beauties are busy with their own things, and you would only disturb their work if you went over now."
As for fundraising, that's easy. I can't guarantee anything for others, but I'll definitely give you face. On this occasion, I'll give you at least one million, and all my money will arrive within three days.
Besides, if you don't believe me, you can ask Xueying. She's never come to me empty-handed when she asks for alms.
Since Qin Kai had already said that, it would be boring for him to just sit there alone, so Li Xiaofeng accepted Qin Kai's invitation and sat down next to him.
"Mr. Li, we've known each other for so many years and are old friends. Recently, Shao Cong and I have both invested some money in Jia Shiwang through regular investment plans."
Opinions on Jia's company, Jia Shiwang, are mixed. Some believe he simply presented a perfect story on a PowerPoint presentation to attract investment, while many others admire him as a visionary entrepreneur.
What are your thoughts on Jia TV and its owner, Mr. Jia?
Qin Kai's previous statement was tantamount to promising Li Xiaofeng a consultation fee. Although it was a charitable donation, it at least gave Li Xiaofeng face, so Li Xiaofeng did not make a fuss.
Seeing the eager look on Qin Kai's face, he thought for a moment, then composed himself and said with a faint smile, "Jia Shiwang did tell a good story."
Mr. Jia claimed to be building a complete ecosystem of "platform + content + terminal + application" based on the video industry, content industry and smart terminals, which is known in the industry as the "Jia Vision Model".
The idea is indeed excellent, but do you know how much money it would take to realize all of this? How many crucial steps need to be implemented for it to succeed?
Wang Shao Cong, who was standing to the side, chimed in somewhat unconvinced: "Even if this ecosystem has not reached the ideal level, it is a closed ecological loop. As long as it can operate, it will become stronger and stronger."
Li Xiaofeng smiled, shook his head, and said, "President Wang, you're being too idealistic. There's no business in the world that's guaranteed to get stronger and stronger."
"Jia's network needs to do so much, its operations are so stretched out, it seems to me that they're good at a little bit of everything but bad at nothing. If any link in the chain goes wrong, it could affect the whole thing."
“But Jia Shiwang’s core competitiveness lies in the entire Jia Shiwang system. It’s about the whole system competing with others, not the traditional individual battles!” Wang Shao Cong was still unconvinced.
"Let me give you a simple example so you can understand. For instance, if a viewer wants to watch a TV series, is it because you have this ecosystem that they watch it, or because the content is good?"
"Of course I watch it because the TV series is good!"
"Therefore, in the cultural industry, content is king, and all aspects must move in the direction of content. The so-called system advantages of Jia TV are actually no match for high-quality content."
To put it in a way that you can understand more easily, high-quality content comes first, and the other elements will enhance the content and help it spread better.
But without high-quality content, the so-called system is nothing more than a stagnant pool.
"You make it sound easy. Everyone can say 'content is king,' but how do you produce good content? Nobody has a stable production channel. It all comes down to luck."
"While cultural output certainly has a certain element of chance and cannot be created simply by throwing money at it, any good content is inseparable from money."
The inability to produce good content might be due to the wrong way of spending money, or insufficient spending, but without investing in it, good content will definitely not be produced.
Qin Kai frowned slightly and asked tentatively, "So, you're not very optimistic about Jia Shiwang's future?"
"Of course, the financial strength of our Li Group is hundreds of times greater than that of Mr. Jia. Our subsidiary, Dingdian Media, only dares to focus on content and platform, and all resources are focused on content production as much as possible."
But with the little money he raised, Mr. Jia actually dared to develop both software and hardware. What surprised me even more was that, according to information from within Jia Vision, he also had plans to build cars.
I don't know if he's gone mad or if my thinking is outdated, but any one of these things on Jia's website would require at least tens of billions to do well.
"If it were me, I definitely wouldn't invest in JiaTV."
"However, although his model does require a lot of money, it is theoretically feasible. In other words, as long as there is enough money, this path can be followed."
"Besides, countless investors have not only been optimistic about the future of JiaTV, but have also invested a lot of money in JiaTV. Are they all crazy?" Wang Shao Cong's tone still revealed his dissatisfaction.
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