Many entrepreneurs have survived the difficulties in the early stage of entrepreneurship, solved the difficulties of the business model, and survived the baptism of several rounds of financing, but they were choked by the breakdown of their marriages and lost the opportunity for enterprise development.

Wang Wei is the most typical one.

In later generations, after Tudou went public, it was still acquired by Youku for a full share exchange, and in the final analysis, it was inseparable and directly related to his failed marriage.

The founder of Tangtang Tudou, since then, has almost completely withdrawn from the Internet stage, and has not even made any noise in the domestic business community.

About the only time, it was the filming of a domestic animation "Little Door God" with a good reputation.

Even if the word-of-mouth box office is still passable, compared with his previous brilliant performance of founding potatoes and finally going public, this small achievement is really not mentionable.

In the eyes of most people, Wang Wei is a waste.

The current Wang Wei naturally doesn't know what will happen to him in a few years, but because of the impact of the divorce, it has begun to ferment.

In fact, this marriage existed in name only two years ago.

Divorce naturally involves the division of property, potatoes are Wang Wei's biggest property, whether it is the investor of potatoes or Wang Wei himself, he does not want a large amount of equity of potatoes to fall into the hands of his ex-wife, so through a series of operations, in the name of potatoes is 'negative assets', let his ex-wife leave the house.

After that, it has been quiet, but last year, the day after Tudou submitted its IPO in the United States, his ex-wife suddenly filed a lawsuit with the court, demanding a new division of property.

Previously, Tudou had gone through five rounds of financing, with a total investment of 150 million US dollars, and had been in a state of loss, and his ex-wife's move meant that both sides would lose: if the court decided, Wang Wei would lose half of his equity in Tudou, and although his ex-wife could get the equity, she would have to bear a huge loss debt with Wang Wei.

In the end, after mediation, Wang Wei paid $7 million in cash to settle the lawsuit and 'redeem' his free body.

Because of the divorce, the IPO process of potatoes has been greatly prolonged, and it has not yet been completed.

The date of the ex-wife's lawsuit happened to be the day after Tudou submitted the IPO application, and after that, the lawsuit lasted for half a year, during which time the IPO has been at a standstill.

If it weren't for the delay of this incident, Tudou would be the first online video company listed in the United States on the mainland.

Normally, it doesn't hurt to go to the market at night, anyway, it's in the morning and at night.

However, during the period when he finished handling housework and restarting the IPO, the U.S. capital market underwent tremendous changes, with the scandal of the bubble and audit fraud of mainland Internet companies breaking out, and there was a major crisis of confidence in China's concept stocks, with nearly 20 mainland companies being suspended intensively, and the attitude of the entire United States towards mainland Internet companies from the government, institutions and ordinary shareholders to mainland Internet companies took a sharp turn.

At this time, the U.S. stock market is full of high doubts about the fraud of Chinese concept stocks and non-standard financial accounting and auditing, and the valuation of Chinese Internet stocks is too high, and the bubble is thick, and a large number of stocks have been cut in half and wrongly killed, and the stock price has fallen sharply.

It is obviously not a wise move to go public at such a time, compared with the same period of time, there are thunderbolts who retreat in the face of difficulties, and there are also Taomi that broke at the opening.

The reputation of potatoes themselves in the U.S. market has also been greatly affected by Wang Wei's personal problems.

He was the Director of Corporate Development at the headquarters of the Bertelsmann Group in Germany and the Executive President of Bertelsmann Online China, with a sunny appearance, a youthful passion and ideals, and a title, identity and status that do not match his age, he is like a fish in water in the top 500. A few years after starting Tudou, his reputation was at its peak.

As the divorce case was amplified by the media, he divorced after two years of marriage, leaving his ex-wife out of the house, and Wang Wei's reputation in the overseas market plummeted.

Industry insiders estimate that if Tudou insists on listing at this time, it is obviously the worst time, not to mention that compared with the lively situation of Youku's listing a few months ago, it is even very likely to fall directly below the issue price, the transaction volume is sluggish, and it is completely impossible to recover the cost, and all the institutions that invest in potatoes will also be trapped.

It's like selling a house, the market is the hottest, and it was not sold when it was 20,001 square meters, but I didn't expect that two months later, the house price plummeted to 8,010 square meters.

However, this house, when you buy it, you have to pay 10,000 square meters, and at this time, not only will it not make money when you sell it, but you won't even be able to get it back.

The normal way of thinking is naturally to wait and wait for the market to pick up again.

The problem is that Wang Wei can't wait any longer.

On the one hand, there is tremendous pressure from shareholders.

Tudou's major shareholders include General Catalyst Partners, GGV, IDG, Temasek Holdings and other investment institutions, Tudou is the earliest online video website in China, after years of waiting, all shareholders are waiting to go public and cash out, because of a divorce lawsuit, shareholders are so aggrieved that they have to wait and wait, flowers bloom and fall, and the pain is unbearable.

I can't eat the meat in my mouth, this kind of pain is really painful to the extreme, and I hate it deeply.

On the other hand, there is the operation of potatoes themselves.

In the past few years, mainland online video websites have been in the stage of 'burning money', Tudou and Youku are like this, on the surface, they seem to be thriving, but on the books, they are losing money every year.

Tencent Video and iQiyi, the two cutting-edges, each have their own industry giants behind them, relying on strong resources, they are not afraid of burning money, and they don't even need to burn money.

Tudou Youku can't, so both sites are counting on going public to ease financial pressure and increase shareholder confidence.

Now Youku has gone public and has received a lot of money and put it back into production;

What about potatoes, by contrast, with a series of losses, shareholder confidence eroded, and no other way to get new investment.

What are the two highly homogeneous companies competing?

Putting aside the subjective things such as the leader's ability and pattern, the fight is money. If you have money, you can increase investment in publicity and research and development, and you can buy more equipment and film source copyrights...... Tudou's statement made it clear that the IPO's revenue was used to expand network bandwidth and upgrade its own technology in order to compete with its main competitor, Youku.

The strong will always be strong, if there is no new blood injection, the potatoes of the future will be thrown farther and farther away by Youku.

In fact, before Youku went public, Tudou and Youku were high and low, and they were very closely bonded, and in just a few months after Youku went public, the market share surged, and the potatoes were completely suppressed in all aspects.

Wang Wei was a little bitter in his mouth, going public, of course, he will have to face the downturn in the stock price in the future, but if he doesn't go public, Tudou will soon be thrown away by Youku, and even eliminated by the market, and there is no hope of restarting the IPO at all!

Even if it is a cup of poisoned wine, for a person who will soon die of thirst, he must drink it first.

Drinking to quench thirst is the embarrassing situation that Wang Wei is currently facing.

After thoroughly thinking about this, Wang Wei sighed deeply, put down the book in his hand, got up and went to the bedroom to change his clothes, and called his assistant to prepare for the next IPO.

But on the other end of the phone, the assistant's words made Wang Wei's spirits lift!

"Zelianko contacted us and wanted to cooperate. The assistant said.