My American magical life
Chapter 602 - 602 101 The flame burned in his heart scorching it with anxiety_2

602: Chapter 101 The flame burned in his heart, scorching it with anxiety_2 602: Chapter 101 The flame burned in his heart, scorching it with anxiety_2 But later, the evolution of the mobile internet was too rapid, so rapid that it exceeded everyone’s expectations, including mine.

The idea of using Super TV as a traffic entry point, to form a moat for the content internet platform, failed under the onslaught of the mobile internet.

Then, I proposed the idea of an ecological countermeasure, and began to build LetV Smart Home, including the subsequent LetV smartphone, all in pursuit of creating an ecosystem.

We thought, if we couldn’t establish a content moat, we might as well try building an ecological moat.”

Elder Jia’s business story isn’t complicated; many of his designs still weren’t outdated by 2024.

The content moat was realized by other online video giants later on, and the ecological moat was achieved under CEO Lei, but he didn’t succeed in either.

So saying this, Elder Jia was filled with endless bitterness in his heart.

“When it comes to ecology, they laugh at me now and call it a scam, but CEO Cheng, you’re also a very successful entrepreneur, and you’re even in content.

You must understand that this isn’t a scam; it holds great value.”

With tearful eyes, Elder Jia looked expectantly at Cheng Daqi, hoping to hear affirmation from him.

Human emotions are often inexplicable.

Despite being enemies, despite Cheng having broken his leg, the man who had lost everything was now hoping for recognition from his foe.

Cheng Daqi sighed deeply and nodded as he spoke.

“You wanted to do a lot, but profited very little.

Elder Jia, didn’t you ever think about LetV’s cash flow problems?”

Accountant Jia asked unwillingly, with a fire in his eyes, as he addressed the man whose leg was broken.

“Is cash flow the issue?

Did LetV collapse because of cash flow problems?”

Cheng Daqi neutrally pointed out an obvious problem.

“You and your family walked away with more than ten billion through various means from LetV, what do you say?”

That was the harsh truth, but Elder Jia refused to believe it, and he asked hysterically,

“CEO Cheng, you know it isn’t about that!

At that time, I didn’t make money, and if LetV could not secure low-interest rate funds, it would die after that scandal.

I bought Yidao, bought Coolpad, got into sports, tried manufacturing cars – all to resurrect LetV using the ecological model.

But after that incident, I couldn’t acquire large sums of low-interest rate funds!

Therefore, I could only keep expanding and financing.

CEO Cheng, is it wrong to strive for survival before seeking change?

One lid for nine pots—so many businesses are still playing this game; why can’t LetV borrow money when they can?

(By 2024, there’s a bunch, not mentioning any examples)

If it weren’t for him dragging me down, would I be forced to hype up myself every day?”

Watching the frustrated Elder Jia, CEO Cheng couldn’t help but sneer.

“That line might deceive outsiders, but what are you playing at with me, Elder Jia?

The kind of hatred that keeps you awake all night, unable to sleep at all!

“Elder Jia, that’s a bit petty of you.

What CEO Lei said wasn’t false; your approach really had issues.”

Cheng Daqi agitatedly stoked the fire with a grin, hoping to hear some juicy information from Elder Jia.

Accountant Jia lifted his glass and downed his drink in one go, speaking resentfully.

I refuse to play into their hands!

That’s why I came to America with the money!

They want a piece of me?

No way!”

They want a piece of me?

I, Accountant Jia, won’t let you have your way!

That was why Accountant Jia was so unwilling to bow down; he didn’t want to accept the tragic reality of ending up in Cheng Daqi’s hands.

He’d dodged those older initiates, even managing to splurge on Lou’s loan—seven billion dollars, at that.

But in the end, he was outwitted by Cheng Daqi, who lacked martial valor; how could he easily resign himself to that?

He wouldn’t say these things to people like Elder Li, who were akin to insects; that would be ridiculous.

He would only say this to Cheng Daqi.

Yes, I am utterly defeated, but not by you!

“Boss Jia, that’s too naive and doesn’t sound like something you would say,” CEO Cheng mocked, his ridicule devastatingly potent, turning Accountant Jia’s face green.

Yet, he couldn’t argue back; he indeed had suffered a crushing defeat.

“Let’s talk about making cars.

You worked on charging stations in China, partnered brands, bought Yidao, and overseas, you dabbled with Faraday, causing a huge sensation.

I’d like to know, if Faraday Future had sufficient funds, when could it start mass production?”

There are two great conundrums in Accountant Jia’s world; the first is when he will return to China, and the second is when he will start mass production.

To return to China is next week, to start mass production is next year—not an issue when saying that to others, but with CEO Cheng asking, he dared not bluff.

Cornered, Elder Jia’s face shifted colors like a dye shop, while CEO Cheng simply watched in silence.

In the presence of predators, there are no morals or laws; Accountant Jia finally spoke the truth.

“Can’t start mass production, no technology, no equipment, no channels; it’s difficult to mass produce, and even if we could, we can’t sell them.”

This truth was like an invisible sword, piercing through Accountant Jia’s longstanding self-deception, causing him to visibly wither.

“How can there be no technology?

Didn’t Faraday Future claim to have many patents?”

“Most of those are useless patents just to make up numbers, without any value.”

“Didn’t you have two thousand employees before, with annual salaries costing more than two hundred million dollars?

There has to be some output, right?”

“Now we’re down to just a few hundred people, including janitors and security, barely maintaining the most basic team operations.

Of course, we have output; our prototype is the output.”

“The prototype can’t be mass-produced?”

“Even prototypes from renowned car manufacturers aren’t easily mass-produced.

Our prototype used too many technologies and parts from others, and we haven’t even started refining the whole.

Given the current situation, even if the prototype were refined, mass production would still be a problem.”