Chapter 167 Sadness 8848
Lin Feng had no choice but to pick up the project proposal handed over by Wang Juntao because of his feelings. Wang Juntao looked at it with anticipation on his face.
In the first few pages, Lin Feng just had a perfunctory attitude and just wanted to dismiss Wang Juntao. However, the more he read, the more he felt, and he secretly admired Wang Juntao in his heart. He was known as the first person in domestic e-commerce. If according to Wang Juntao's words,
According to the plan, my8848 will be able to break even by the end of the year at the latest, make a profit next year, and be listed on the market within three years.
But what makes people laugh or cry is that now my8848's account only has enough to pay the last month's salary, and there is no working capital at all. This makes Lin Feng simply unable to believe it.
Wang Juntao's heart is uneasy. He has found countless investors for my8848 in the past six months, but none of them are willing to invest in my8848. If Lin Feng does not invest this time, after this month's salary is paid, the company can be said to be closed down.
"Mr. Wang, this..." Lin Feng didn't know how to word it, hoping not to hurt Wang Juntao's heart of saving my8848.
Wang Juntao had seen Lin Feng's expression countless times. He felt gloomy in his heart, knowing that the company's last hope might have disappeared. But suddenly he remembered Xiong Xiaoge's words when leaving idg China's Beijing headquarters, and his eyes glowed with brilliance.
"Director Lin, I also know the current predicament of our company, which is why most investment funds are unwilling to invest. But President Xiong of idg China said that if anyone can save my8848 now, it must be you." Wang Juntao was filled with enthusiasm.
He looked at Lin Feng hopefully.
Lin Feng was stunned. He didn't expect that today's trouble was caused by Xiong Xiaoge. He secretly cursed Xiong Xiaoge for not being kind enough, but he saw that Wang Juntao, who had once been so high-spirited and became the number one e-commerce person in China, would be so depressed that he would be reduced to pleading with others.
Lin Feng felt a sigh of relief in his heart.
A penny can stump a heroic man. What's more, this is not a penny, but 6 million US dollars.
Lin Feng has calculated in his mind that to save today's my8848, he will need to invest at least 6 million US dollars. This is not a large amount. Not only Lin Feng can come up with it, but also many venture capital funds such as idg can come up with it. Under the leadership of Wang Juntao, as long as my8845 has
With this capital injection of 6 million US dollars, we will definitely be able to make a comeback.
However, the problem with my8848 is not the business philosophy, but the chaotic equity struggle.
My8848 was originally separated from 8848. Because of the equity struggle of 8848, Wang Juntao suffered so much that he had no choice but to separate from it with business-to-person e-commerce businesses such as b2c, e-shop, and user communities, and changed its name to my8848.
.But what Wang Juntao didn't expect was that a multi-party equity agreement at the time of separation caused the originally vibrant my8848 to fall into the quagmire again.
According to the agreement, Wanquan Investment Consulting Company, the largest shareholder of my8848, was supposed to inject US$8.8 million. Unexpectedly, after injecting more than US$2 million, it stopped injecting capital, which dealt a fatal blow to the booming my8848. How did Wang Juntao lobby for Wanquan Investment?
The consulting company just refused to inject more capital.
Wang Juntao, who was unwilling to accept the collapse of the brand he created, was looking for investors everywhere, but Wanquan Investment Consulting Company was able to accept financing, but refused to give in on the share distribution ratio, which is commonly known as occupying the manhole and not giving up.
Under such circumstances, there are no venture capital funds willing to do this.
Wang Juntao also approached Wanquan Investment Consulting Company several times, but the other party's attitude was that it would not inject capital and would not accept financing from other companies. Financing was fine, but Wanquan Investment Consulting Company still had the majority share.
Eventually, things evolved to the point where the company account only has funds for the last month's salary.
Lin Feng knew what Xiong Xiaoge meant, which was to first acquire Wanquan Investment Consulting Company and then inject capital into my8848. This method is definitely the stupidest and most ineffective method, but it is also the only method that can be tried now.
But what makes Lin Feng depressed is why he wants to wade into this muddy water.
Wang Juntao saw Lin Feng speechless for a while. He knew that Lin Feng would not inject capital. He felt gloomy and knew that my8848, which he had worked so hard to establish, would not escape the fate of bankruptcy. Thinking of this, he felt sad and took a bite of the money in front of him.
Drink up the blue margarita.
"Director Lin, excuse me." Wang Juntao stood up, ready to do his last bit for his company.
Wang Juntao's face was haggard, which made Lin Feng sigh again, and he suddenly had an idea in his mind. This Wang Juntao is definitely a talent. Judging from this project alone, although his grasp of China's future e-commerce cannot be said to be unique, it is definitely
It would be a pity if such talents, who are leaders in the e-commerce industry, are let go, and they will be struck by lightning.
"Mr. Wang, I have a suggestion, what do you think?" Lin Feng grabbed Wang Juntao.
"Dr. Lin, please speak!" Upon hearing this, Wang Juntao seemed to have a chance of improvement and hurriedly sat down.
"Mr. Wang, you also know that my subsidiary 'Dingdang.com' is also engaged in e-commerce. Why don't you help me? I will hire you as a special consultant of Dingdang.com and give you 5% of the shares of Dingdang.com." Lin Feng's words made him happy.
Wang Juntao's heart skipped a beat.
"Dingdang.com" is now extremely popular in China. It has surpassed its previous big brother Yiqu.com to become the leader of e-commerce. The daily transaction amount is close to 100 million yuan, which makes all the elites in the e-commerce industry, such as Wang Juntao and others, envious. Today
Lin Feng hired himself as a special consultant of Dingdang.com and also gave himself 5% of Dingdang.com shares. This is definitely a very generous treatment.
Was Wang Juntao excited? Of course he was, and he agreed almost immediately. But when he thought about my8848, which he founded, Wang Juntao felt sad again. Although he knew that my8848 would be hard to come back from, he was unwilling to give up.
"Mr. Wang, not only do I invite you to join Dingdang.com, I also sincerely invite your team to join Dingdang.com." Lin Feng saw Wang Juntao's hesitation and continued to throw out bait.
It is not unreasonable for Lin Feng to value Wang Juntao and his team so much and give him shares. Wang Juntao's philosophy and understanding of e-commerce are far superior to others in China. It's just that he was too unlucky to catch up with Nasdaq.
Before the Internet bubble burst, Wang Juntao went public, and met an investor who had some cramps. He was occupying the manhole and did not give up. Wang Juntao struggled to survive, and in the end he sadly disappeared from the public. But none of this can deny that Wang Juntao is an important player in e-commerce.
status and vision in the field.
Although today's Dingdang.com is full of vitality and business is booming, the profit value is very low. With the expansion of the fields involved and the shortage of talents, the company has shown signs of chaos. Although Liu Yingying tried her best to maintain it, she was short of experience after all.
You can't learn it in college or books.
On the contrary, Wang Juntao has experienced so many business ups and downs, and his qualifications are more than enough to serve as a special consultant. Of course, Lin Feng is also interested in the my8848 team, which has been working hard with Wang Juntao and is also a rare talent in the e-commerce industry.
Moreover, Lin Feng was about to develop the MP3 market and the mobile phone market, and a large number of talents were scarce. Naturally, Wang Juntao could not let him go. Hiring him as a special consultant for Dingdang.com was also to search for talents in advance for the Lin Technology Co., Ltd. he was about to establish.
However, to Lin Feng's disappointment, Wang Juntao declined Lin Feng's kindness after hesitating for a while.
"Mr. Wang, there is really nothing I can do about your company. But my door will always be open for you, and today's promise will always be valid." Lin Feng knew that my8848 would collapse sooner or later, and Wang Juntao would be poached by other companies, so he made a promise to him in advance.
promise.
"Director Lin, thank you. If there is such a day, I will definitely come to join Director Lin." Wang Juntao stood up unusually heavy, and he did not dare to say it to death. He could not just throw away the brothers who had worked hard with him for many years.
ignore.
"Goodbye!" The two high-fived each other.
Not long after Wang Juntao left, he called suddenly.
"Director Lin, although I can't help you right now, I can recommend someone to you." Wang Juntao said firmly.
"Listen attentively." Lin Feng knew in his heart that Wang Juntao recommended such a cautious person, this person must be extraordinary.
"Dr. Lin, I wonder if you have heard of Tan Zhi?" Wang Juntao said.
Chapter completed!