Chapter 286: Chapter 286 The Problem with Lazy Cat Live Streaming
Xu Deming and Jiang Qiuping just rested at home.
Originally, today was scheduled to spend time with his parents, with no other arrangements made. Xu Yang and Zhao Yuxin didn\'t go out; they stayed at home with his parents.
Around eleven o\'clock, Xu Yang\'s phone rang. It was a call from Wang Xiaocong.
"Old Wang," Xu Yang answered the call.
"Old Xu, I\'ve arrived in Jiangcheng. Let\'s have lunch together. I\'ve got something to discuss with you," Wang Xiaocong said.
"Sure," Xu Yang readily agreed.
His parents were at home, and his wife as well.
Whether he was at home or not didn\'t really matter.
"Let\'s go to the Ultimate Private Kitchen. The taste there is really good, and I want to go there again."
Wang Xiaocong had fond memories of the food at that private kitchen.
Last time, when they invested in Hui\'an Pharmaceuticals, Shen Yuyan\'s father, Shen Wanpeng, invited all the big shots to dine at the Ultimate Private Kitchen.
Everyone raved about the food there, and naturally, Wang Xiaocong was no exception.
This time over, he picked that place.
"I thought you were going to treat me to a medicinal meal," Xu Yang joked.
"Medicinal meals can be had anytime, but I can only eat at the Ultimate Private Kitchen when I come to Jiangcheng. It\'s better we go there," Wang Xiaocong laughed.
"Alright, I\'ll head out in a bit," Xu Yang said.
"Great, I\'ll wait for you over there," Wang Xiaocong replied.
After hanging up, Xu Yang mentioned the plans to his parents and Zhao Yuxin.
"Honey, you go ahead. I\'ll stay at home with your parents." Zhao Yuxin got along very well with her in-laws. With Xu Yang stepping out, she took care of them easily and without any pressure.
"Okay, then I\'m off. With you here, I\'m at ease. Mom and Dad, I\'m leaving."
Xu Yang picked up his car keys and left.
...
More than half an hour later,
Xu Yang arrived at the Ultimate Private Kitchen and went straight to the private room Wang Xiaocong had mentioned.
"Old Xu, you\'re here. Have a seat. I\'ve ordered a few dishes. See if there\'s anything else you want to order," Wang Xiaocong pointed to the menu.
"No need, I\'m good with anything."
When someone else was treating, Xu Yang wouldn\'t order dishes.
He had no dietary restrictions, so he was content to eat whatever was available.
Soon, the dishes were served.
Xu Yang and Wang Xiaocong began eating while they talked.
"Old Xu, I\'ve heard that Penguin fully acquired Yunhai Literature yesterday and officially entered the online literature industry," Wang Xiaocong said.
"Really? That was quick," Xu Yang wasn\'t surprised.
The last time he had dinner with Han Jun, the latter had already mentioned he wouldn\'t give up on the online literature market—either acquire other online literature companies or establish one on his own.
Penguin\'s choice of the former was foreseeable.
After all, acquisitions were more convenient than starting a new company from scratch and allowed for quicker results.
"Penguin is really disgusting. They want to meddle in every industry," Wang Xiaocong couldn\'t help but complain.
Over the years, Wan Da Group had been greatly impacted by Penguin. Whenever Penguin was mentioned, Wang Xiaocong\'s tone turned sour.
"Old Wang, Penguin\'s persistence in entering the online literature field shows they have great faith in its future. This proves our acquisition of Shengda Literature was the right move," Xu Yang said.
"You\'re right, I\'m just annoyed by them. They\'ve put Wan Da Group under so much pressure. Anyway, now that Penguin has entered the scene, do you think we need to make some moves with Shengda Literature?" Wang Xiaocong asked.
"There\'s no need. Shengda Literature is the leader. It\'s not wise to strike first."
"Penguin\'s acquisition of Yunhai Literature is definitely aiming to challenge the dominance of Shengda Literature. Let\'s see what moves they make; we can respond accordingly based on their tactics," Xu Yang said.
"Besides, we don\'t understand the specifics of running this type of business. If we don\'t understand it, we shouldn\'t interfere blindly."
"It\'s best to leave it to Qiu Wenyu to handle. Qiu Wenyu has managed Shengda Literature as an industry leader for so many years, never seen defeated by other companies\' operations, but instead, the leading status has become even more stable."
"I believe he can also handle Yunhai Literature, now backed by Penguin, with ease."
Xu Yang would not interfere with the management of the company lightly. Since he had chosen Qiu Wenyu to continue as president, he would trust him.
As long as there were no major issues, he wouldn\'t intervene.
"You\'re right. We don\'t understand, so let\'s not worry about it. Anyway, I trust you, and since you trust Qiu Wenyu, I naturally trust him too," Wang Xiaocong said.
"Inviting me to dinner, you must have something else to talk about, right?" Xu Yang said with a smile.
"Yes, there\'s something more important," Wang Xiaocong replied.
"What is it?" Xu Yang asked.
"You should know I founded Lazy Cat Live, right?" Wang Xiaocong asked.
"I know," Xu Yang nodded.
It wasn\'t that he had deliberately kept tabs on it, but sometimes he would come across news about Wang Xiaocong and learn that Wang had invested in several companies, including Lazy Cat Live.
Lazy Cat Live mainly focuses on gaming livestreams.
"So, is this matter you want to discuss about your Lazy Cat Live?" Xu Yang inquired.
"Yes. Right now, in our country\'s game livestreaming field, the three giants are my Lazy Cat Live, Dayu Live, and Hubei Live."
"Dayu Live and Hubei Live are under Penguin\'s banner, and my Lazy Cat Live is at a critical moment in the competition with these two."
"I want to raise funds to keep up the fight with them, and I was hoping you would invest. Are you interested?"
"If you are interested, I\'m willing to sell a portion of the shares to you at a low price," Wang Xiaocong explained, looking to get Xu Yang to invest.
The two of them were familiar enough with each other; there was no need to beat around the bush.
Xu Yang wouldn\'t invest in companies that weren\'t hinted by the system.
Establishing a security firm was an exception.
That was because of the former soldier Jiang Zhiyong; he felt that a security company would probably not lose money.
Moreover, as his business expanded, he often needed a security firm as support to confidently handle many situations.
Even if he had a good relationship with Wang Xiaocong, he wouldn\'t invest just because Wang asked him to.
Just as he was about to refuse, a system prompt rang in his mind. Your journey continues with мѵʟ
[Ding! Lazy Cat Live has internal management chaos... If it can be resolved, it will be reborn, but if it can\'t be resolved, it will only face closure!]
This prompt held quite a significant amount of information.
Xu Yang listened for a couple of minutes.
"Old Xu, are you interested in investing or not? Just give me an answer," Wang Xiaocong urged, seeing Xu Yang remain silent without responding and growing a bit anxious.
Honestly, Xu Yang was his last hope.
If Xu Yang invested in Lazy Cat Live, it would mean that Xu Yang had faith in it, and Wang wouldn\'t need to worry as much.
If Xu Yang didn\'t want to invest, then Lazy Cat Live might really be finished.
"Uh... sorry, I was just thinking about the issues with your Lazy Cat Live," Xu Yang came back to his senses and offered an apologetic smile.
"So, are you willing to invest?" Wang Xiaocong asked again.
"Old Wang, forgive my bluntness, but Lazy Cat Live doesn\'t just lack money. It\'s not a problem that can be solved with money; there are internal issues with the company," Xu Yang said gravely.
"What issues? Tell me," Wang Xiaocong demanded, putting down his chopsticks with a jolt.
He had no doubts about Xu Yang\'s judgment.
If Xu Yang said that there were problems inside Lazy Cat Live that couldn\'t be solved with money, then these issues were definitely serious.