Chapter 338: Mr. Tang's Dream
As soon as Lu Qi returned to his office, he heard the landline on his desk ring.
Glancing at the small LCD screen on the landline, it shows the internal number.
"Hey, this is the technical department. He said in a deep voice.
"Director Lu, Mr. Tang invites you to come to his office. ”
A soft female voice came.
It turned out to be the CEO's secretary calling.
In high-tech companies, the CEO is not called the general manager, and the CEO is used instead, which looks foreign.
Lu Qi put down the phone and prepared to go to the boss's office.
This building is all Yitang Company, with a total of fifteen floors, and the boss is of course on the highest floor.
Their technical department is on the fifth floor.
Take the elevator to the fifteenth floor and come to the door of the CEO's office, where the secretary is already waiting.
Seeing Lu Qi coming, Yanran smiled and helped him open the door and invited him in.
Lu Qi was a little apprehensive, what did the boss do with him?
I haven't heard any good news lately, but don't ......
If it's just layoffs, or even layoffs of himself, Lu Qi is not afraid. With your own technology, no matter how bad it is, you can eat it.
What he feared was that the company would declare bankruptcy and go out of business.
It doesn't matter if you're alone, but it's estimated that a group of little brothers under your command will be more miserable.
In the past two years, we have just caught up with the so-called "Internet winter", everyone is gritting their teeth and living a life, and no Internet company dares to recruit people on a large scale.
Not to mention recruitment, if any company does not lay off employees in the past two years, it is already a rare good company.
In fact, as early as the beginning of 2000, the Nasdaq Composite Index of the United States, which is dominated by technology stocks, suffered a heavy setback, the stock index continued to decline, and the Internet economy crisis broke out in full swing. By September 21, 2000, the NA stock index had fallen to 1,088 points, the lowest in three years.
After the bursting of the global technology network bubble in 2000, the other Internet pioneers on the mainland, Sina, Sohu, and NetEase, also operated dismally, and most domestic Internet companies faced the dilemma of bankruptcy after burning all the venture capital funds.
This is a crisis in the Internet web 1.0 era, and large-scale Internet companies at home and abroad have been liquidated and withdrawn, which is the first real Internet winter.
From March 2000 to October 2002, Internet companies lost about $5 trillion in market value.
Yitang.com just caught up with this wave of cold winter, so after the first $50 million venture capital was burned out, it never got a large amount of venture capital.
Just kidding, the venture capital company is going to go out of business, how can it be possible to invest money in you.
............
Walking into the office, Lu Qi found that not only the boss was there, but also the representatives of the major shareholders.
Of course, the major shareholder is the "unjust big" venture capital that invested 50 million US dollars in Yitang, accounting for 51% of the company's shares.
The atmosphere in the office was not very good, VC representative Pete was sitting there with a gloomy face, and Mr. Tang was also silent.
Of course, Pete couldn't be happy, the American venture capital company he represented, Sevin Rosen, was fooled by the Tang in front of him and was "lame", and he was hot-headed and invested 50 million US dollars in him at once.
Now, two years have passed, and not only has the company not made a penny of profit, but the money has also burned out.
What's even more terrifying is that Yitang can't see any hope.
Whether it is from the portal, e-commerce, or any field, it has not achieved the top three in the mainland market.
In the field of the Internet, it is different from other industries.
In traditional industries, there may be thousands of enterprises, everyone is making the same products, and their lives are quite nourishing.
But in the Internet industry, the boss is thriving, the second is struggling, and the third is ......
Is there a third child?
Yitang.com is like this, what can't you do, and you spend more money than any company, can Pete not be angry when he looks at it?
"Lao Lu, I called you over to ask how much our company's computer room and technical team can be worth in the industry?" Mr. Tang said in a deep voice.
Lu Qi was stunned, what do you mean?
"The computer room, the technical team, and our computer room also cost a lot of money to build at the beginning, and the purchases were all IBM servers, which cost tens of millions. Now that it's been used for two years, it's estimated that it's worth four or five million. The technical team, how to say this, it's not a good valuation......"
Lu Qi scratched his head.
He asked rhetorically: "Mr. Tang, what are you asking for?"
Mr. Tang pondered for a while, but still told him, "Our company may be acquired." ”
"Ah...... How...... How could it be?" Lu Qi opened his mouth wide.
He has thought about many possibilities, such as the company going bankrupt, the company going to lay off employees, the salary that can't be paid this month, the venture capital, etc., but he never thought that the company would be acquired.
Who is so blind, acquire Yitang!
Of course, he thought about it in his heart and didn't dare to say it.
Pete, the VC representative sitting next to him, spoke, "Don, you make a relatively accurate company valuation as soon as possible, and we are going to start negotiations with the other party." Believe me, the current Yitang is still worth some money, choosing to sell is the best and last choice, don't insist anymore, Internet companies all over the world are not having a good time. We've invested a lot, so let's pay for it. ”
Pete said helplessly.
At the beginning, Mr. Tang relied on an excellent idea and a group of elite teams, so that their company was convinced that this group of people would be able to make a career, so they invested a lot of money.
The core management team of Yitang Company is five MBAs from Harvard Business School and two MBAs from Chicago Business School.
No, Mr. Tang himself is also an MBA from Harvard Business School.
At that time, if you only talk about the diplomas of company executives, then Yitang will definitely beat all the Internet companies in China, and all the old horses and ponies are turtles, can they compare with this group of turtles.
It's a pity that such a group of top students, the elite of the elite, got together and made great achievements, but they were extremely disappointed.
"I know that I also have shares in Yitang Company, and the current situation of the company is not good, and I am more anxious than you. Mr. Pete, can't your company invest another amount of money? Actually, I feel that after this year, the Internet winter will be over. It's hard for everyone to have a hard time now, but as long as you grit your teeth and stick to the past, maybe spring is coming. Mr. Tang persuaded bitterly.
This company carries his dreams, and of course he doesn't want to give up just like that.
Tang has always been a child who grew up in the countryside, chasing his dreams all the way, and indeed realizing many of them.
He was admitted to Fudan, went to the United States for further study, entered McKinsey, the holy land of consulting, studied for Harvard MBA, served as the assistant to the president of Ermenegildo Zegna, and now founded Yitang!
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