Chapter 9: The Battle of Directors 1

Remove the chairman? Yes. It's okay to change the CEO? However, the premise is that the company is supported by the middle level. If there is a factional dispute, the middle-level and wavering "wall-riding faction" who are not on their side will be offended, and it is likely that the investors themselves will be kicked out.

1. The report materials of the board of directors are "made".

Zhang Jiahong called Qin Fangyuan to her office and told him that she fired Tom. When she said this, she stared at Qin Fangyuan, noticing his emotional changes, and deliberately relaxed her expression, speaking lightly. Recently, Zhang Jiahong has been very kind to Qin Fangyuan like when he was financing, which made him a little uncomfortable.

Qin Fangyuan didn't sleep all night, the dark circles under his eyes were obvious, his expression was sluggish, and he listened with great energy. He was not surprised, his eyes were empty. On the one hand, he was still immersed in the rumor that Shi Wenqing had told him about last night, and on the other hand, he had already known the result before. Therefore, he just instinctively asked, "So, who will take over the position of COO?"

"The world is bustling, all for profit, and the world is bustling, all for profit. The advertising industry is Vanity Fair, and we are prepared and planned for the coming and going of these people. "The board of directors is not satisfied with our performance, and our dismissal of the COO shows that we have paid attention to this key point and let the board understand our determination." You look for an opportunity to explore the VC with Shi Wenqing. ”

Tom became a victim of this year's poor performance, and Zhang Jiahong's move was described as "surviving with a broken arm".

More than half a year ago, Tom signed an advertising contract of 10 million yuan from Hebei Hemorrhoids Pharmaceutical Factory, Zhang Jiahong held up the contract stamped with the red seals of both parties at the morning meeting, like Huang Jianxiang commenting on the goal of Italy in the World Cup, passionate, and loud voice: "What is real money? This is what is a big name? This is it!" Tom suddenly became a celebrity in the company from the initial question.

The reason why Zhang Jiahong is so excited is because he remembers that since the beginning of the establishment of the media, he has not seen much real money and silver orders, either tens of thousands of yuan, in Zhang Jiahong's words, or barter, although accounting standards allow income in kind, but there are still restrictions on this proportion in future listings, that is, the proportion cannot exceed 30%.

It's just that there are more and more such barters, ***, medicinal wine, golf cards, physical examination cards, ...... It accounts for almost 80% of the income in the past year, but the cash that has been brought in has disappeared forever, and the funds on the account have been shrinking.

How did the VCs know about this? Zhang Jiahong was surprised, because every report had to be approved by her before it could be submitted. That afternoon, Lao Yan called and called Zhang Jiahong over to ask what was going on. After coming back, Zhang Jiahong had a black face, she went back to her office directly, dropped her LV satchel when she entered the door, took off her coat and didn't remember to hang it, she threw it directly on the sofa, and spoke with an open voice. Some employees came in one after another to talk about things, and she scolded this for a while: "Pig brain, since the other party wants kickbacks, they dare to ask for it, we dare to give it, isn't it just an advertisement? Just stare at your two melons and dates, it's really grassroots!"

Qin Fangyuan's office is next door, and he can hear it clearly, and on the opposite side is the financial room, where he is also cautious, and only the sound of turning over the account book can be heard. Zhang Jiahong obviously believes that it must be someone inside who told the secret, and only a limited number of people know about these core financial data.

Zhang Jiahong's scolding mantra is widely known to his subordinates, "pig brains", "brain into water", scolded and scolded, mercilessly, only Qin Fangyuan, Tom, Wang Bingbing and Zhang Karen did not enjoy such "treatment". She wanted to scold Karen Zhang a few times, but the words came to her mouth and swallowed them back alive. Afterwards, Karen Zhang drank and spat out the truth: "It's really uncomfortable to see her swallowed alive." Why does a woman have so many swear words? Just open your mouth, what kind of body will you become, suffocate her!"

Adviser Kim Zhongliang also did not enjoy this "treatment". Zhang Jiahong was a little jealous of Jin Zhongliang, after all, he was sent by VC. This 50-year-old man can be said to have been on the battlefield for a long time, mixed with many multinational companies, and once served as the president of Greater China of an internationally renowned 4A advertising company, Zhang Jiahong privately called him Old Fox.

From the very beginning, Jin Zhongliang was authorized to conduct a comprehensive understanding of the business situation on behalf of the investor. Although the company has set up some artificial obstacles, through some financial accounts and private chats, Jin Zhongliang probably also understands a rough idea. This is Zhang Jiahong's heart disease.

This time Tom was fired, Zhang Jiahong cut through the mess quickly, cleanly, and without hesitation. She said to Qin Fangyuan: "What is a Tom who has walked? In this world, it is difficult to find three-legged ones, but there are many two-legged ones. We are a company, not a charity, and if we have no performance or outstanding performance, we must let them leave, and we can't occupy the pit and not, and if it doesn't work, we will replace people. Our employment standard is that people who have the ability but poor character or honest but poor ability do not want, we are the future overseas listed companies, and the quality of employees must be high, both able to bill, and loyal, and have the courage to safeguard the interests of the company.

"There was one more thing that I can't say right now, but it made me make the final decision to lay off Tom. I still can't forget that Mr. Zhou, the boss of the media, is right, and we must beware. ”

Qin Fangyuan remembered that when the headhunting company first poached Tom, Qian Feng also helped Zhou Yicai to ask him to dinner, and when it came to the reason for Tom's resignation, Zhou Yicai's expression of wanting to speak and stopping had always been a mystery in Qin Fangyuan's heart. Remembering Tom's somewhat panicked look last night, he seemed to understand something.

Zhang Jiahong did not continue to talk about Tom's topic, but put his heart into Qin Fangyuan's heart, and sighed with great emotion: "Why are there fewer and fewer talents with a little bright color now? The general manager of the East China region, who has been poached from competitors with great effort, is said to be their best performance, but our performance here is the first. If everyone is as good as you, I can go home and sleep peacefully. ”

Then, Zhang Jiahong said: "The board of directors will be held tomorrow, and the reports we arranged at the meeting yesterday will be reported at the meeting tomorrow, and you can personally review the first instance and make a detailed report material!"

"Yesterday's data can't stand up to scrutiny. Qin Fangyuan was blunt.

"Now is an extraordinary time, we don't have time to go through one by one, the financial statements for the past three quarters can be done based on the data provided by the financials, and the operating performance forecasts can be made based on the data reported by the operating department. ”

These words reminded Qin Fangyuan of the materials provided to the intermediary agency during the financing, which was like a huge shadow that had not been completely erased from Qin Fangyuan's heart. This time, it came unexpectedly again, stimulating Qin Fangyuan's nerves.

"Mr. Zhang, I can't participate in this report document. Qin Fangyuan said firmly.

This surprised Zhang Jiahong, she stared at Qin Fangyuan for a long time, and then said word by word: "You can keep your opinion, but this is your job." ”

Qin Fangyuan said: "I don't want this job. ”

2. You can't hold the fire in the paper

Tom didn't come to do the resignation himself, he sent two secretaries to do it, and they left together. The public relations and advertising circles in Beijing know that Tom has a hobby, no matter which company he goes to, he must bring these two female secretaries, one is the main internal staff and the other is the main field staff. Someone once asked Tom with a malicious smile: "Amazing, double secretaries and double flying, people are middle-aged, can you take care of it?"

Tom didn't shy away either: "Know what you're thinking. I'm really, but it's definitely a rabbit who doesn't eat the grass next to the nest. Think about it, once you have sex with a woman, the next day people will look at you wrongly, how can you work?"

There were still more than 20 minutes before lunch, and Zhao Ya, Tom's secretary in charge of external relations, knocked on the door and came in, and said to Qin Fangyuan: "Mr. Qin, we have completed the formalities." Tom said he would invite you to dinner another day, and although he left, he said that you were the most worthy person in the company. ”

"How could he not have done it so quickly?"

"The procedures are simple, Mr. Zhang's work is relatively simple, all the expenses are reimbursed, and the 500,000 public relations expenses borrowed from the company are also offset with the severance compensation, so it is done quickly. ”

"Oh, okay, say hello to Tom for me, and let's have a drink another day. Qin Fangyuan watched Zhao Ya leave. He was still a little disappointed about their departure.

In the evening, Qin Fangyuan was dragged by Shi Wenqing to the three trees in Nanluoguxiang, and he looked nervous.

"Tell me, what does that rumor mean?" Qin Fangyuan couldn't wait, this rumor had already made him sleepless all night.

Shi Wenqing was going to tell him something more important, but as soon as he met, Qin Fangyuan grabbed him from yesterday's incident: "Why are you so breathless? I said it was a rumor." ”

Qin Fang was silent and stared straight at him. Shi Wenqing couldn't stand it anymore, so he told him about it.

"Do you know? The agreement that Focus Media provided you with to merge with Power Media is fake, and the actual transaction amount is 10 million, not 45 million at all, which is their trick. ”

"I didn't take this at all, we did the due diligence by our own team. The upper limit of the price I gave internally was 15 million, but Mr. Zhang, they finally finalized the cash plus equity model, 25 million in cash, plus 25 million worth of equity, which was approved by the board of directors. ”

"The board doesn't have a detailed understanding of the specifics at all. Zhang Jiahong specially invited the directors to hold a conference call for this matter, at which Zhang Jiahong deliberately acted in a hurry, repeatedly saying that once a competitor acquires, what serious consequences will it cause, the opportunity must not be lost, the time will not come, and a decision must be made immediately. The board voted yes based on the trust it placed in you, especially the report you led the investigation. ”

"Didn't they see the internal approval process document? It wasn't me who signed it, it was the CFO. Why don't I sign it? Because I don't agree. That's all I can do, if I don't sign, it's a silent protest!" Qin Fangyuan was puzzled by how easily the board of directors approved the deal.

"The board of directors has obtained a lot of information about this transaction, and now there is a serious suspicion that your company deliberately joined hands with the acquiree to inflate the purchase price, and then laundered money internally to profit from it. ”

Qin Fangyuan didn't think of this layer at all, he was dumbfounded.

"You should get the idea. Shi Wenqing said, "You are 40 million higher than your competitors all of a sudden, and fools understand that there must be a problem of benefit delivery." However, this is just a rumor, and the board members have only heard the rumors and don't know who reported it to the board, and they still believe in your qualities. He paused, "I'm asking you out today to talk about another issue." Do you know what the agenda is for tomorrow's board?"

"Isn't it just to report on the business situation of the first three quarters and look forward to the performance of the fourth quarter?" Qin Fangyuan said, he concealed that Zhang Jiahong had arranged for his subordinates to inject water into the results. He has already refused, and whoever fakes will be held responsible.

"It's not that simple. Shi Wenqing took a big sip of Pu'er tea, "You fired Tom in the morning, VC soon knew, they had a meeting in the afternoon, and there will be a big move tomorrow." ”

"What's the big move? How do you know?"

"I won't tell you how I know, the biggest feature of our industry is that we have to know the wind and grass of the customers we serve at any time. ”

Shi Wenqing looked around, then stretched out his head, bit his ear and said.

Qin Fangyuan was taken aback.

3. Investors' secret meetings

On the second day after Zhang Jiahong, who remembered the media, held a secret meeting in a small conference room, the three major investment institutions held a teleconference to study the issue of remembering the media. Kim Zhongliang was invited to join the conference and was the main speaker.

Jin Zhongliang's opening remarks were already shocking: "Remember that the cash income of the media company is less than 30 million yuan, and it has only completed 10% of the expected promised sales of 300 million yuan!"

There was a moment of silence on the call, as if they were holding their breath. After all, Lao Yan is an industry boss, and he is still calm, he suppressed the fire, and said unhurriedly: "Now we can consider our follow-up plan, we have given it a year." ”

The two institutions invested in Mingming Media to a large extent because of Lao Yan's vision. They know that Lao Yan has been depressed enough recently. He finally sent a TV shopping company to the main board for listing, and when the lock-up period expired and he could exit smoothly, the stock price fell below the entry price and he could not exit.

As the managing partner of Sentai Fund, Tony Hsu is also a director of Mindful Media. He said: "Now like this, how do I feel that this female boss is cheating us? The board of directors meets every quarter, and every time she says that the performance is rising, how is it that the year is almost over, and the cash income is less than 30 million yuan, and only 10% is completed, what kind of performance is this?!"

"Startups must learn to assess the situation, if they are struggling every day but there is no result, and there is no hope, they should give up when they should give up, and they should transform when they should transform. Many successful companies end up with different things than they envisioned when they set out. Lao Yan also expressed his position.

Hong Dakai, a partner of Observer Avenue Investment, said: "It's time to legally deal with the matter of remembering the media in accordance with the statutory provisions. ”

Although Hong Dakai is a co-investment, in order to successfully invest in the Mingming Media project, at the internal investment review meeting, he boasted about Haikou in front of many investment review committee members, saying that Mingming Media is estimated to be the second Focus Media, or even surpass Focus Media.

He was also puzzled by the company's current situation. Before investing, they also did due diligence and visited several large customers, all of whom said that they would not only advertise to the company, but also invest a lot, but from the data returned from Jin Zhongliang's investigation, there were few customers who swore at the beginning. Could it be that the customer is cheating on him?

Although Hong Dakai did not invest a large amount of money in this round of investment, this was the first project he led the investment as a partner, and there was naturally the greatest pressure when problems arose so quickly. Not long ago, he talked to Tom alone about business, and Tom's words kept him awake at night.

Tom said, "I'll tell you, this kind of media can't be sold at all." It seems that consumers have nothing to do when they go to the toilet, but their attention in this state is basically on excretion, and they don't have the heart to look at the LCD screen in front of them, and they don't care about or remember what content is playing on the LCD screen. As soon as advertisers heard that it was a bathroom advertisement, they avoided it, saying that advertising here would reduce their advertising taste. However, the products for the treatment of hemorrhoids and prostate that are suitable for advertising in such places are limited, and they have many communication carriers to choose from. In the first year, 300 million sales can be completed 10% and high incense will be burned. ”

Hong Dakai relayed Tom's words at the meeting, and there was a cold silence at the meeting.

The most devastating thing about Kim Zhongliang's report was not the performance, but another set of data, which surprised the participants even more. Jin Zhongliang said: "At present, the company only has $5 million on its books, and there is not much left. ”

This sentence is like a basin of cold water, pouring them from head to toe. At this rate of burning, the company can only last for 5 months. How can money burn so fast?

At the suggestion of Lao Yan, the conference call reached a consensus and was ready to be launched at the board meeting the next day.

4. Failure to execute the VAM

The board of directors was successfully convened as scheduled.

While at work, Qin Fangyuan encountered a strange thing: he ran into Zhu Yuan, the ex-girlfriend of his college roommate, in the elevator.

Zhu Yuan was the first to exclaim: "Qin Fangyuan!"

Qin Fangyuan had just stepped into the elevator with his front foot, and was startled by her, and when he looked up, he found that it was Zhu Yuan. Zhu Yuan has short hair, no more flowing hair back then, and no shyness, looking shrewd and capable. After graduating with a bachelor's degree, Zhu Yuan studied for a master's degree in law from China University of Political Science and Law, and is said to have become a lawyer after graduation.

"How long have you been back home?" you work here?" asked Zhu Yuan.

"It's been more than a year, and I've been working part-time. Qin Fangyuan hurriedly explained, "I am keeping the media in mind and doing investment and financing." ”

"What a coincidence that I'm going to go today is to remember the media. Zhu Yuan smiled, revealing two rows of white teeth, a little feminine.

Qin Fangyuan was quite surprised, and before he could ask, the elevator reached the 18th floor, and they got down. Walking out of the elevator door, he saw Zhang Jiahong walking around the elevator room with a nervous expression.

Zhang Jiahong glanced at Qin Fangyuan and said, "You go in first." Then she pulled Zhu Yuan into the office quickly and spoke in her office full of all kinds of dragonfly ornaments.

Qin Fangyuan, as the CSO of Mingming Media, was invited to attend the board of directors. Due to the increase of Focus Media, the board of directors is composed of five people, including Lao Yan and Tony Xu, two VCs, Mr. Yang of Focus Media, Zhang Jiahong of Mindful Media, and Hong Dakai, an observer.

Zhang Jiahong came in with Zhu Yuan. As soon as Zhu Yuan sat down, Lao Yan protested: "Today is our temporary board of directors, and the participants are all invited in advance, and those who have not been invited in advance are not suitable to attend the meeting." ”

Zhang Jiahong stood up to defend Zhu Yuan: "Lawyer Zhu is a non-voting representative specially invited by me, and many contracts and documents reported to the meeting need Lawyer Zhu to help me answer the questions for the directors, and I hope to get the approval of the directors." ”

After Zhang Jiahong finished speaking, he gestured to Lao Yan to show respect. Since the chairman said so, Lao Yan did not intend to deliberately make things difficult, he glanced at Tony Xu and Hong Dakai and did not raise any further objections.

However, from the very beginning of this meeting, a cold wind was faintly blowing, and a hint of foreboding enveloped Qin Fangyuan.

According to Zhang Jiahong's requirements, his subordinates made a PPT of operating data and sales performance after two days of all-night preparation, including next year's sales target. At first glance, it looks very well organized and everything is under control.

The opening remarks were made by Lao Yan, this Chinese-born Chinese-American still understands some national conditions, he first had a meeting with Chinese people to greet him, and did not go straight to the topic like Lao Mei. In his opening remarks, Lao Yan mentioned the current grim situation, especially the collapse of Lehman Brothers in the United States, the downgrade of the credit ratings of some European countries, and the second dip of the global economy is not ruled out. However, after the opening remarks, Lao Yan immediately returned to normal, and said with a serious face: "Chairman Zhang, please report on the current business situation." ”

Chairman Zhang confidently turned on the computer and began to say that the resource maintenance cost is the lowest competitive advantage in the country, but before he finished speaking, he was interrupted by Lao Yan: "We have investigated these when we invested, and directly report the sales performance." ”

"Most of this year is to lay a solid foundation, despite this, in the first nine months we have completed more than 30 million yuan in cash income, more than 50 million yuan in barter income, and in the fourth quarter we will generate 50 million yuan. ”

Lao Yan immediately stood up: "How could the fourth quarter make a sudden income of 50 million yuan? Where is the barter income and how much is sold?"

Zhang Jiahong's thinking was disrupted by Lao Yan's sudden questioning, and he lost his temper for a while, looking at Lao Yan in a daze. Immediately, she returned to normal: "There are 50 million barter!"

Lao Yan immediately turned his head to Jin Zhongliang, who was sitting on the board of directors, and asked, "Where is the barter income?"

Jin Zhongliang replied: "The company does have barter income, but the specific amount and how much it sold is not reflected in the financial statements. ”

Jin Zhongliang has always been regarded by Zhang Jiahong as a spy sent by the VC, and she was very dissatisfied with Jin Zhongliang's answer: "Why can't you see it? Aren't the wines you drink, the cigarettes you smoke, and the gold cards you play golf all for?"

She turned to Lao Yan again and said: "We will definitely be able to return 50 million in the fourth quarter, and it is expected to exceed 500 million next year, because the foundation is good this year." ”

Hong Dakai said: "Of course, it is good to be able to sell 500 million next year, but now we want the 300 million promised this year, even if there are 50 million in the fourth quarter, it will be less than 100 million." I propose that the Board of Directors implement the VAM clause and adjust the shares. ”

Zhang Jiahong immediately jumped up: "That agreement is not a true expression of my own intentions, you take advantage of the shortcomings that I don't understand the rules of capital to trick me, and engage in some kind of gambling clauses." I don't recognize this agreement at all, I can't enforce it!"

When Lao Yan heard this, his anger surged, and he forced his voice and said: "In view of your current business situation, I propose: first, to remove Zhang Jiahong from the position of chairman and CEO; ”

Zhang Jiahong stood up, closed the computer, and threw the notebook on the table with a "snap": "This is the logic of capital bandits, I firmly disagree, all the resolutions of the board of directors today are invalid." After speaking, she pulled Zhu Yuan and left the meeting in protest.

Qin Fangyuan was stunned, it seemed that the news revealed by Shi Wenqing yesterday was conclusive. Shi Wenqing said that investors have reached an internal consensus: (1) The CEO must be replaced, no matter how famous Zhang Jiahong is in the industry and how good the resources are, they must rely on performance to speak, and the current performance speaks for itself. If Zhang Jiahong has no opinion, it is agreed that she will continue to serve as chairman, but will not participate in the specific operation of the company. (2) Someone must bear the responsibility for the previous dismal business performance, and the manner of responsibility shall be implemented in accordance with the agreement. According to the terms, Zhang Jiahong promised to achieve sales of 300 million yuan in the first year, and if it did not reach, he would give back 6% of the shares of investors. Considering that there is still some barter income and to avoid tearing up the relationship between the two parties, and Zhang Jiahong is still the founder, venture capitalists only make financial investments and generally do not interfere in daily management and operation, and the effective shares of this round of VAM have been reduced to 5%. (3) If the above clauses are passed, the three VCs will jointly invest another $20 million, and the company can strive for at least a year of survival.

In Qin Fangyuan's view, this is completely in accordance with the rules of the game in the capital market, and it is understandable that he is willing to gamble and lose.

Lao Yan voted on the above proposal, and Lao Yang of Focus Media actually voted in favor, so Jin Zhongliang was appointed as the company's new CEO, effective immediately.

The board of directors ended within 15 minutes, which Qin Fangyuan could not have imagined, but even more unexpected was still to come.

Zhang Jiahong stood in the lobby and shouted: "You are robbers, you have robbed my company, and I have founded this company single-handedly!" Let me tell you: All the resolutions of the board of directors today are invalid, and I will never give up control of the company!"

The members of the board of directors walked out of the small conference room one after another to the large conference room, and asked the front desk to notify all the middle employees of the company to participate in the meeting to announce the resolution of the board of directors.

Zhang Jiahong stood in the lobby and threatened his subordinates who received the notice of the meeting: "See which of you dares to participate?" The middle level who came out one after another had to stand awkwardly, not going, not going.

At this time, Zhu Yuan, a female lawyer hired by Zhang Jiahong, also shouted: "Today's resolution of the board of directors is invalid. According to Chinese law, 15 days' notice and announcement of agenda items must be given to the convening of the board of directors, and such ad hoc meetings of the board of directors have no legal effect. ”

The female lawyer was shouting, Lao Yan walked out with a serious face, pointed at Zhu Yuan and asked: "Who are you? What right do you have to dictate to the company I invest in? Let me tell you, we are investing in a foreign-funded company, and we are enforcing the laws of the place where the offshore company is located, and there is no time limit, no subject matter, and no place limit. Tell me about the law, go back and flip through the books!"

Perhaps intimidated by Lao Yan's momentum, Zhu Yuan immediately fell silent.

Then, Lao Yan personally dragged the middle-level managers into the large conference room one by one, and Qin Fangyuan was also dragged into the conference room by Lao Yan from under Zhang Jiahong's nose. Some of Zhang Jiahong's cronies did not attend the meeting due to her obstruction.

While Lao Yan summoned some of the mid-level executives to announce the board's decision in the large conference room, Zhang Jiahong convened a secret meeting of her cronies in her office full of bonsai.

They were surprised to find that Zhang Jiahong, who had always been tough, sobbed, covered her face with a small handkerchief, suppressed her voice, and her shoulders shook regularly. When one of her subordinates pushed the door in, she realized her gaffe and quickly returned to normal, with a determined face.

"What are they doing? They are bullying people! What kind of gambling clause, this is not suitable for the national conditions, this is on Chinese soil!" Zhang Jiahong pointed to the key point as soon as he came up, "This enterprise was founded by us, how can we easily give it up?"

"Never!" Zhang Jiahong suddenly raised his voice.

She quickly made arrangements, and the financial manager Hu Dongmei immediately locked all the account books, except for the financial seal in the hands of CFO Li Dong, all the information was handed over to the director of the office, including the company's official seal and legal person seal. Didn't all the contracts be filed in the legal department? Legal manager Zhao Yu defected, and you, Li Xia, as a legal assistant, didn't you take care of the keys? And so on, one by one.

The subordinates hesitated in their hearts, whether to listen to the decisions of the investors and the board of directors, or to listen to the arrangements of President Zhang, who had already been dismissed? They looked at each other.

Originally, everything was developing according to the VCs' expectations, but Lao Yan made a wrong decision, which suddenly reversed the situation.

After announcing the decision of the board of directors to the middle-level cadres in the large conference room, Lao Yan asked the department representative to express his position. Then, Lao Yan suddenly said: "I have another temporary decision, informing other middle-level managers who did not attend the board announcement meeting today will not be required to go to work from tomorrow." ”

Tony was stunned, and immediately said to Lao Yan: "Isn't this inappropriate? Dealing with so many people at once will cause passivity to the next daily work; besides, the law does not hold the public accountable." ”

Lao Yan has another set of ideas: "These people who don't attend the meeting are either cowards or former CEOs, these people don't deal with them, how can they let Lao Jin establish his prestige and carry out his work in the future?"

Kim Zhongliang, the new CEO on the sidelines, said: "That's true. Then, he looked around for the chief of staff to give a notice, but he couldn't find it. He saw the new director of the IT department and asked him to send the board of directors' decisions in bulk, and the use of the OA system to send mass notices is the official way to keep in mind the issuance of media meeting notices.

To the surprise of VCs, it was precisely this mass text message, and it was precisely this temporary increase in processing measures that made the situation greatly reversed.

The management staff, who were frowning over whose decision to execute, suddenly received this text message dealing with them and immediately exploded.

"Why should you fire me? Who did I provoke whom? Why should we bear the consequences of the contradictions between your shareholders?"

The only effective way to resist is not to find VCs to theorize, but to resolutely implement Zhang Jiahong's decision. Soon, without Zhang Jiahong's urging, these managers quickly went around collecting effective information such as contracts, seals, and account books.

After the end of the board of directors, the directors noticed that these people were busy, and only then did they realize that something was wrong, so they went to snatch the official seal, contract and other materials. Zhang Jiahong ran to greet the security guards of the building, who only knew Zhang Jiahong, after all, she was the legal person of this company and their customers, and immediately drove the board of directors away without saying anything.

Lao Yan protested as he walked: "We are the majority shareholder, this company is invested by us, what right do you have to drive us away?"

"Boss. A fat security guard said, "We don't know or care who the shareholders of this company are, what we do know is that we must protect the personal and property safety of our tenants, and the legal person of this company is Ms. Zhang." ”

In the midst of the entanglement, the VCs left. Qin Fangyuan later recalled this scene, and he was always very depressed, the VCs who were upright, received a good education in the United States, and invested so much money for nothing, actually left the company they invested in under the hostage of the security guards.

5. Options dreams come short

At half past eight the next morning, as usual, Jin Zhongliang came to the company. Before he could enter the company's door, he was stopped by four big men.

"I'm the CEO of this company, what right do you have to keep me from going in? Who are you?" Jin Zhongliang was very surprised, and roared at the four big men.

"Sir, we are following Mr. Zhang's orders, she is the legal person of the company, and this is the notice she signed. One of the big men handed over a notice.

Jin Zhongliang looked at the notice handed over, which was a notice of dismissal of Jin Zhongliang signed by Zhang Jiahong in the name of the company's legal person. Kim Zhongliang protested: "This notice is invalid, she has been relieved of all positions and has no right to issue orders." ”

"Sir, Ms. Zhang is a notice signed in the capacity of a legal person of the company and stamped with the official seal of the company. Disputes between your boards of directors should be resolved through legal means. The big man seemed to have gone through rehearsals and rehearsals, and his answer was perfect.

Jin Zhongliang insisted on going in, but the big men resolutely refused to let him in, and the four pairs of big hands almost lifted Jin Zhongliang up. At this time, He Jing came out and handed Jin Zhongliang's personal belongings to him: "Mr. Jin, we believe that the resolution of the board of directors is invalid, and President Zhang will continue to communicate with the board of directors." As for Mr. Jin personally, he is no longer a regular employee of the company, and the procedures will be handled later. ”

Jin Zhongliang felt helpless at this time, so he had to take his personal belongings to the garage on the basement floor. He called to report to Lao Yan, who listened for a long time without saying a word, and then just replied dullly: "Then you go back first!"

In the afternoon of the same day, Zhang Jiahong also made another decision: as the company's legal representative, she would collectively dismiss all the participants who participated in the board announcement decision meeting on the first day, on the grounds that they colluded with the VC to do something harmful to the company's interests.

Qin Fangyuan decided to resign voluntarily, although he was not among the people who were fired in this round. Is Zhang Jiahong sympathetic, or is there another purpose? Qin Fangyuan didn't bother to think about this.

However, Zhang Jiahong did not agree with his resignation, and first knew his feelings: "Why did you resign? Are you falling into the ground? Fang Yuan, you are Shi Wenqing's classmate, he recommended it, I still say the same thing, you are our own person." ”

Qin Fangyuan thought that it was a bit hypocritical to say these words at this time, and he insisted on resigning.

Zhang Jiahong turned his face this time: "Fang Yuan, you have signed a non-competition, intellectual property and related confidentiality agreement with the company, if you step out of the company now: first, the options we promised are to be withdrawn; second, you cannot work in the same kind of enterprises that constitute competition within half a year; third, you have to keep all the trade secrets, otherwise we will have to go to court with you." Zhang Jiahong was high up when she said this, and she wanted to scare Qin Fangyuan with this.

Qin Fangyuan said: "Mr. Zhang, I am a professional, and I pay more attention to relevant laws and regulations. First, I promise to waive the company's options, second, I promise not to trigger the non-compete clause within six months, but the company also needs to pay for this period, and third, it is the basic professional ethics of employees to keep the company's trade secrets. Thank you for all the convenience you provided during my return to China, but I also want to remind Mr. Zhang that the gentleman seeks to be self-respecting, and the villain is seeking others, which is the so-called self-responsibility with the heart of others, and forgiveness of oneself with the heart of forgiveness. ”

Qin Fangyuan behaved neither arrogantly nor humble, and left her office under Zhang Jiahong's surprised gaze.