Becoming Rich with Daily Scavenging APP-Chapter 599: Spoiled by Flattery

Moreover, many of the companies Chen Yiyang invested in are mostly in the field of innovation, with few heavy assets.

But all the industries where ChaseMifty invests require enormous input; you can't even get in the door without investing hundreds of billions.

To be honest, looking at the industries ChaseMifty has announced they're entering these past few years.

Chen Yiyang feels that even if he uses investment intelligence to cheat, he might not succeed in so many fields.

Does the owner of ChaseMifty have a plugin as well?

"Never mind." Chen Yiyang originally thought he had met a formidable rival.

But now, it seems this guy is here to mess around abstractly.

So there's not much to worry about; the new energy electric car field hasn't welcomed a player in the same ecological niche as Yiyang Automobile.

However, Chen Yiyang didn't pay much attention to ChaseMifty; instead, ChaseMifty's owner, Yu Hao, actively reached out to Chen Yiyang, wanting to have a chat.

ChaseMifty is a unicorn star company in the neighboring province of Lin'an. However, since everyone is in the Jiangsu-Zhejiang-Shanghai business circle, they often meet, so some courtesy must be given.

Thus, Chen Yiyang happily agreed to meet and have a face-to-face with him.

"Mr. Chen, I've wanted to meet you for a long time." Yu Hao hosted the dinner at an upscale restaurant, inviting Chen Yiyang.

After seeing Chen Yiyang walk in, Yu Hao immediately came over enthusiastically to greet him.

"What's the deal?" Chen Yiyang looked at Yu Hao.

Yu Hao is an 80s generation, not much older than Chen Yiyang, so the two didn't have a serious communication barrier.

"I've closely studied your investment moves over the years and believe our investment and business philosophies are very similar."

Uh.

Hearing Yu Hao's words, Chen Yiyang was somewhat speechless.

I have a cheat to do this; what, do you have one too?

"Mr. Chen has invested in so many fields, from AI to drones, from robots to automobiles, and you've been very successful in every industry.

Though I'm a few years older than you, Mr. Chen, I lack the courage; therefore, I started investing several years later and missed the step, needing several more years to see my investment results."

Chen Yiyang felt that this buddy either really got a cheat these years or is living in a dream.

He has investment intelligence, knowing which companies will develop in the future, and that's how he managed to invest successfully at the beginning.

He directly assembled his team, recruited personnel to enter these fields.

There's a paradox here: if one has the ability to achieve results in these emerging fields, they can form a team, attract investment, and start their own business; they wouldn't typically go to work directly at a big company.

And those who don't have that capability still can't produce outcomes from the big company's support.

After all, many technologies and frameworks need to be built from scratch in emerging fields. While funding is crucial, it's not the critical factor for success in these areas.

So, Yu Hao's success would be a miracle. 𝐟𝗿𝐞𝚎𝚠𝐞𝚋𝕟𝐨𝚟𝐞𝕝.𝕔𝕠𝚖

But since the two didn't have any disputes, Chen Yiyang said a few polite words to compliment Yu Hao.

"Hahaha." Upon hearing the praise, Yu Hao immediately replied, "Little Brother Chen, when I make a name for myself in these fields, I certainly won't monopolize the market; we'll make money together."

I've suddenly been downgraded to little brother?

It's the first time someone called him little brother after Chen Yiyang became a billionaire mogul.

This Yu Hao must be overly encouraged by his employees.

"By the way, Little Brother Chen," Yu Hao thought of something and continued, "I poached two people from your company earlier; I need to apologize with this meal."

"It's nothing; people have their aspirations, which is perfectly normal," Chen Yiyang replied, using a cold as an excuse to turn down Yu Hao's toast.

"By the way, your two subordinates and the company signed a non-compete agreement; when I poached them, I promised to help resolve this issue for them. Little Brother Chen, can you kindly forgive them?"

"I'm not a mafia; what's there to forgive?" Chen Yiyang said, "Just go through legal procedures normally."

Upon hearing Chen Yiyang's words, Yu Hao's face had an awkward expression.

But he didn't say anything further; instead, he changed the subject and chatted a bit before speaking again,

"By the way, my car-making project already has an investment agreement from Rice. Although I don't lack funds, I need to collaborate with some car manufacturers to solve some supply chain issues. Does Yiyang Automobile have any plans to cooperate with us?"

"What kind of cooperation?" Chen Yiyang asked.

"Yiyang Automobile can supply us with some components, and the payment for goods could be converted into investment shares. The non-compete compensation for those two talents could also be converted into investment shares."

"No thanks." Hearing the proposal to tie Yiyang Automobile into the deal, Chen Yiyang immediately shook his head and refused, "Yiyang Automobile's finances aren't very healthy; if we supply goods without receiving cash, it might impact our production."

"If that's the case, then there's nothing to discuss." After Yu Hao spoke, his face turned cold and he no longer acted warmly toward Chen Yiyang.

Thus, the meal wasn't very enjoyable for either of them, despite several attempts by employees from both sides to lighten the mood.

But seeing their bosses with such tense expressions, both sides dared not act too enthusiastic either.

In the end, everyone parted without amiability.

Chen Yiyang didn't see Yu Hao off; he just went directly home.

"How was dinner today?" Upon return, the home accountant asked curiously.

"Not great; this guy seems to be someone pampered so much by his subordinates that he doesn't know who he is."

Chen Yiyang made his judgment on Yu Hao.

With owners like Yu Hao, achieving fame young and succeeding at his first venture, making substantial profits, it's easy to quickly become overconfident, with subordinates and employees around him flattering him so much that he forgets his roots.

This explains why, despite ChaseMifty doing well in the robotic vacuum industry, it suddenly began investing across different sectors frequently.

Because the boss is inflated, thinking he can earn from other fields too.

Employees and subordinates are eager to flatter the boss, as with ChaseMifty investing frequently, they benefit by getting chances to line their own pockets.

The result is investing more and becoming poorer.

The early-stage investment can't recoup, thus betting on more investments for rebound.

Now ChaseMifty has fully followed its boss into a fantasy.

If he sincerely entered the electric vehicle sector and started from the low-end, Chen Yiyang would have respected him.

Yet, he comes in targeting supercars right away, doing something unprecedented.

It only shows ChaseMifty has gone entirely mad, hoping by investing in various sectors, they can flip around and prove the boss's decisions weren't wrong.

But that's no longer related to Chen Yiyang.

The home accountant, noticing Chen Yiyang's downcast mood, changed the subject and shared, "I just saw a news story on my phone, where a woman complained about a wall painting at the Lu Xun Museum showing Mr. Lu Xun smoking, saying it could set a bad example for children."