My capital is quite large.

Chapter 113 Dong Ge or Dong Zi

And at this very moment.

As the instigator of this major upheaval in the entertainment industry, Li Feng had no interest in paying attention to the gossip online.

The annual China Internet Conference is being held in Beijing.

As the most prominent figure in China's internet industry with massive cash flow, Li Feng is naturally surrounded by all sorts of entrepreneurs and startup bosses seeking funding.

"Mr. Li! Our company operates an O2O food delivery platform, which is absolutely a blue ocean market worth hundreds of billions! If you're willing to lead our Series A funding round..."

"Mr. Li! Take a look at our ride-hailing project! We're solving the last mile problem in offline transportation, burning money to grab market share, and once we monopolize it..."

Faced with these pioneers in the food delivery and ride-hailing industries who later grew into super giants, Li Feng always maintained a restrained to the point of indifference.

He smiled and politely declined one business plan after another, his eyes deep and clear.

Others see a future opportunity worth hundreds of billions, but Li Feng, as a reborn person, sees the unfathomable meat grinder nature behind these tracks!

Burning money? Haofeng Network currently has nearly 3 billion yuan sitting in its accounts; it can afford to burn it.

The problem is that food delivery and ride-hailing are purely capital-intensive and labor-intensive industries!

Millions of food delivery riders, millions of ride-hailing drivers... the labor disputes, public security, and traffic accidents involved behind this are all pain points in people's lives that are being exploited by monopolistic capital!

The waters are too deep, and social relationships are too complicated!

Even the slightest mishap can easily thrust a company into the eye of the storm of public opinion, or even draw the ire of the state for strict oversight.

Li Feng only wanted to quietly make a fortune in the fields of entertainment, social networking, and high-end hardware. He had no intention of getting involved in these thankless and troublesome industries that directly impact people's livelihoods.

Just then, a young man wearing black-rimmed glasses, who looked rather refined, walked up to Li Feng somewhat awkwardly.

"Hello Mr. Li, I work in drone R&D. Our company is called DJI..."

DJI!

Upon hearing this name, Li Feng's heart skipped a beat!

This is a true national treasure that, in later generations, in the fields of civilian and even military drones, rendered the Americans utterly powerless and forced them to enact sanctions, yet even these measures could not shake it!

If we could acquire DJI, it would be an absolutely phenomenal deal that would bring both fame and fortune!

The young man looked at Li Feng with expectant eyes, preparing to pull out his drone blueprints and business ideas.

however.

Li Feng did something that surprised Zhang Xinyu, who was standing next to him.

He took a half step back, not even taking the young man's business plan.

"I'm sorry, Haofeng Networks' business focuses on pure entertainment and internet software ecosystem. We don't have the professional evaluation capabilities for the high-end aircraft manufacturing field. You should look for venture capital firms with a strong technical background."

Li Feng's tone was polite but distant, effectively shutting down the other party's words.

A deep sense of disappointment flashed in the young man's eyes. He sighed, bowed, and turned to leave.

Watching the DJI founder's departing figure, Zhang Xinyu looked puzzled: "Boss, those drones sound really high-tech. We have so much money in our account, we could easily invest tens of millions as an angel investment and not lose money. Why didn't you even glance at them?"

Li Feng glanced at her, a hint of awe flashing in his eyes.

"There are some things that private entertainment capital like ours shouldn't or can't touch."

......

After seeing off the group of startup founders, Li Feng found a sofa in the VIP lounge area of ​​the venue and sat down, casually scanning the entire room.

Suddenly, his gaze stopped on a middle-aged man with a buzz cut.

The man was holding a wine glass, surrounded by managers from several venture capital firms. Although he had a smile on his face, his brows betrayed a hint of anxiety and exhaustion.

"Brother Dong."

Li Feng's lips curled slightly, and a hunter's gleam flashed in his eyes.

JD.com is currently in its most difficult period, frantically building its own logistics and warehousing facilities and burning through cash.

Even though Dong Ge has already sold everything he owns, the bottomless pit of logistics still faces the life-or-death crisis of a broken capital chain at any time.

JD.com is currently searching the world for Series C funding!

"Xinyu, go and make the arrangements."

Li Feng stood up and straightened the hem of his suit jacket.

"Go and say hello to General Manager Liu, and tell him that Haofeng Networks has taken over his Series C funding round."

Zhang Xinyu was stunned for a moment.

"Boss, didn't you say we wouldn't touch those thankless, heavy asset projects?"

"JD.com is a typical black hole that burns through heavy assets."

"Getting involved yourself and being a shareholder who sits back and collects dividends are two different things."

Li Feng chuckled, "Although Brother Dong doesn't speak the truth much now that he's older, and he can't control his lower body a bit, his ability to be a brother and his execution in logistics are absolutely top-notch in the country."

"We have two or three billion yuan sitting idle in our accounts anyway, so it's not a bad deal to spend a lot of money to acquire their pre-IPO shares."

"We're all from the same hometown, having started our businesses in northern Jiangsu. Let's help each other out."

Just as Li Feng was about to walk over and make a good connection with this future e-commerce giant.

His gaze swept across the crowd and landed on a corner at the other end of the banquet hall.

There, Zhou Hongyi was holding a wine glass, smiling broadly as she toasted with Pony Ma from Tencent. The two appeared very close, seemingly about to reach some kind of deep collaboration.

Upon seeing this, Li Feng stopped in his tracks, a cold smile flashing in his eyes.

"Zhou Hongyi, do you think that by surrendering and fawning, you can get Tencent to take you in and do you a favor?"

In Li Feng's memories of his previous life, in the spring of 2010, Zhou Hongyi did indeed have great fantasies about penguins and took the initiative to seek cooperation on many occasions.

However, he underestimated the penguin's domineering gene of "taking other people's paths and leaving them with no path to take" during this period!

"Tencent's current strategy is to copy whoever is popular. Not only will they copy, but they will also use their channel advantages to kill you off. They won't leave you any way out."

Li Feng silently calculated the timeline in his mind.

"We waited until October of this year..."

"When you discover that Tencent not only launched QQ PC Manager to blatantly copy your 360, but also forces users to choose between uninstalling it or not..."

"Is the '3Q War,' which shocked the entire Chinese internet, about to erupt?"

Li Feng's smile grew wider and wider.

He now wields Haofeng Weibo, the largest public opinion weapon in China, as well as iQiyi, Bilibili, and a vast gaming matrix.

When the 3Q War broke out, Tencent was engulfed in a sea of ​​public opinion and anti-monopoly criticism.

This was the perfect opportunity for Li Feng to stab the Penguin Empire in the back!