Chapter 1710 - You Can't Change People
"Damon, I personally don't really want capital to come in. Qin Feng said, "I'm not too short of money, and I don't want such a promising company to be shared by others." In particular, I don't want third-party voices in the company. ”
Dimon nodded.
"However, I'm afraid it will burn a lot of money in the early stage. Dimon said.
For Qin Feng's thoughts, it was difficult for Dimon to understand.
Once capital is introduced, then the company will inevitably have a third-party voice, which is unavoidable.
However, the amount of money required is significant.
This is likely to go through the first round of financing, the second round of financing, the third round of financing, and so on.
Generally speaking, it is normal for a company to raise four or five rounds of funds before going public. And the total amount of financing can range from tens of millions of dollars to hundreds of millions of dollars, which is perfectly normal.
Qin Feng is burning money like this, I'm afraid it will be at least hundreds of millions of dollars.
This is the later stage, you have to spend real money.
Does Qin Feng have so much money?
Of course, he also investigated some information about Qin Feng and knew that he had many factories in China. It can also be regarded as a strong capital.
However, it was precisely because of the investigation that he learned that most of Qin Feng's enterprises in China came from loans.
Although, these companies are very profitable, which proves that Qin Feng is indeed very discerning.
However, at present, none of these companies are profitable. Moreover, this also caused Qin Feng to be burdened with debts.
This debt ratio is too high.
This is a very dangerous debt ratio.
Dimon is the most prestigious vice president on Wall Street. He knew very well how much trouble this might cause to Qin Feng.
Once this intermediate capital chain is broken, then Qin Feng will be in trouble.
Don't look at the fact that his company has a high market capitalization, and it is currently exceeding these debts.
But once your capital chain is broken, then the market value of your company will shrink rapidly.
That's not to say it's really shrinking. Its original market value is still there, but this debt will lead to the outside world taking advantage of the fire.
It's like a famous businessman with the surname Wang. His industry was originally worth hundreds of billions. However, for some reason, his capital chain was broken, forcing him to raise funds to repay the loan.
At this time, a group of people took advantage of the fire to rob. Obviously, the price that has been negotiated, as a result, they all came to sign, and they were temporarily cut by half, resulting in more than 100 billion assets, and finally more than 30 billion were sold cheaply.
And the other party, obviously losing a mess in other aspects, finally relied on this business to rob and sell more than 30 billion yuan, and finally spent a few years and sold more than 100 billion yuan.
Sometimes, the capital chain is so fragile.
Don't look at everything is fine, but once the real capital chain is broken, then the consequences are unimaginable.
It's like Qin Feng's side, which is now burdened with a debt of nearly 70 billion yuan. His business assets, Dimon also investigated.
The automobile factory, steel factory, and 4S store under its name, as well as the Wuzi Lianxing Building, as well as the Kyushu IT company that produces CPUs, the Kyushu network service company that owns QQ, and the Kyushu game company, with a total value of about 80 billion.
In other words, Qin Feng's worth, aside from these negative assets, is also more than 10 billion yuan. In this year, he is already very rich.
Especially, Qin Feng is still young.
However, this is all false prosperity.
If he is allowed to operate and annex Qin Feng's assets, it is very simple.
As long as the four major banks behind Qin Feng withdraw the funds and let him repay the loan, then Qin Feng will be gone in an instant.
80 billion, used to repay the loan, at this time, it is far from enough.
A group of jackals, tigers and leopards on the market come over, and if they have a little conscience, they will buy you in half, and they will be considered to have a conscience.
If you don't have a conscience, it won't be impossible to make a 10 or 20 billion yuan acquisition in the end.
At that point, you're straight out into bankruptcy.
Not only did they not have a penny, but they also owed tens of billions to the bank in the end.
There will never be a turnaround.
If you don't pay back the money, even better, the bank directly confiscates the assets.
In short, in the capital market, Qin Feng's debt is a big problem. Of course, as long as the four major banks do not withdraw their investments, then Qin Feng will not have any problems. On the contrary, he is a super-rich man with a net worth of more than 80 billion.
Of course, Qin Feng, a super-rich man, is relatively empty.
"Boss, you're going to give me a number, how long will it take to have how much money there will be. I have the ability to help you get money, but if you don't finance it, we have a way to not finance it. But I want to know, how much money do you have!" Dimon said.
Qin Feng calculated. I still have more than $7 million in my account, and I can probably realize about $30 million. Then the bubble in the U.S. stock market bursts, and if you sell a lot of money on a large scale, you should be able to make a lot of money.
In this regard, Qin Feng felt that the problem should not be big.
"In the middle of this year, that is, in May-June, there should be about 20 million inputs, and by the end of the year, there should be 1-200 million US dollars. Qin Feng thought for a while and said.
Dimon did the math, and it was basically enough.
As long as the salary expenses of the personnel are controlled, then the expenditure is enough.
But now the company is really not easy to control.
Qin Feng's salary before was too high.
Dimon frowned.
That's when he found the finance, he could offer a salary of $18,000 a year. That's because the company is already small and has very little financial need. Actually, it's going to be outside, and it's about $1,000 a month.
The salary of an intern is very good.
Even a minimum of $800 a month is not impossible.
But Qin Feng did this, which really made it difficult for him.
Especially, they are all Harvard students.
"Actually, I have a proposal. However, this may lead to some competitors in the future. Dimon said.
What is the proposal? Qin Feng was curious.
"That is, the company does not sign long-term contracts except for the core employees of a few core departments. All employees are employed by Harvard faculty and students. Once you graduate, you can work for the company for up to half a year, and then you have to leave your job. "In this way, we are providing Harvard teachers and students with a part-time job on campus." Of course, U.S. law prohibits international students from working, but we can use the status of a company on campus to provide them with a job to meet their work needs. Of course, it's not here that it's important, it's about maintaining a long-term relationship with Harvard. ”
Qin Feng blinked.
This can be there!
Maintaining a long-term good relationship with Harvard is so good for the company.
In this way, Qin Feng will have the hope of investing in some research areas of Harvard in the future. This investment means that Qin Feng will be able to obtain more patent copyrights at a relatively low cost.
In addition, there is another point, that is, the tax that enterprises need to pay, which is less.
In the middle, the profits are huge.
But why no company is willing to do this, it is because not every company will be recognized and supported by a prestigious school like Harvard.
This is also Qin Feng, otherwise it would be impossible to change people.