Rebirth in a Perfect Era

Chapter 1781: Bankruptcy and liquidation are still lingering on

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It is a common rhetoric used by Internet companies to push all current limiting methods to algorithms.

To put it bluntly, the current limit is equivalent to 10,000 people standing on the playground to perform a group show, and the filming of the show allows the photographer to perform freely.

If the photographer wants to capture the rain and dew evenly, he can simply use a wide angle to include 10,000 people in the lens. Whoever has the ability to rush to the front, or who is the tallest, will naturally have a higher exposure.

However, if the photographer does not want to catch the rain and dew evenly and is a little selfish, he can control the coverage of the lens at any time. Some people may only get a few shots, while some people may be directly passed by the lens permanently.

If the photographer won't take a picture of you, what can you do to him? Are you dissatisfied? The photographer will tell you, sorry, our program has planned the camera's shooting route, and your position happens to be in the blind spot.

If you are still not satisfied, if you say that the photography was done deliberately to prank you, then I'm sorry, we won't admit it, let alone correct it. Anyway, it's not illegal, so I can take pictures of whoever I like.

If you are still not satisfied, then I'm sorry, we won't let you play in this program anymore, please turn left and leave.

What, you regret it? Sorry, we have removed you. If you don't leave, I will call security.

Security, come here quickly...

Therefore, for these stores whose sales are restricted by Ele.me, whether they complain or protest, Ele.me simply ignores them. It is just an excuse. It is caused by algorithms and cannot be intervened by humans.

At this time, the store realized that it turned out that it was not equal in front of the platform. Every move it made was restricted by the platform. If it didn't go out of line, it would be fine. Once it went out of line, the platform would clean it up without even crying. .

In this case, the beef takeout cools down almost instantly.

The vast majority of stores only cooperate with Ele.me, resulting in a rapid loss of users of Niu Waimai. In a few days, daily active users dropped from tens of thousands to less than 200.

A large number of riders are no longer working, and they are waiting for the next step of Niu Waimai. Anyway, as long as Niu Waimai does not express its position and say that it will fire everyone, he will pay everyone's wages.

Lu Yunho initially hoped to solve the problem through legal means, but now this dream has been shattered.

The Shanghai Municipal Market Department and the Industrial and Commercial Department are not prepared to intervene in the competition between the two companies at all, and believe that this is completely a normal exploration and competition between two emerging industry companies.

Lu Yunhao fell into complete despair and was unable to extricate himself.

The entrepreneurial dream built with tens of millions of dollars was extinguished so quickly.

At this point, Lu Yunho is at the end of his rope and has nothing to do.

He is now faced with two choices. First, to close the company and do financial liquidation, and his dream of starting a business will be shattered; second, to continue to struggle and survive, but if this continues, Niu Waimai's daily active users will definitely be much less than the staff. .

For Lu Yunho, of course he wants to persist, at least he can give himself a high salary, and then use this time to think about the next step in his life.

However, IDG can no longer sit still at this time.

Originally, they had raised hundreds of millions of dollars in funds from Wall Street and planned to invest in cattle takeout in the later stage. They were determined to use cattle takeout to pry away a piece of fat from Li Mu's mouth.

But now looking at the combat effectiveness of the Niu Takeaway team, they no longer dare to invest subsequent funds.

This is like supporting an unwinnable force to fight an unwinnable war.

If you invest $20 million, you will lose. If you invest $200 million, you will probably lose.

Under this situation, Wall Street capitalists have forgotten the reason why they had to fight with Li Mu in the first place. All they can think about is whether the money can be returned and whether it is necessary to continue this project.

When Wall Street joined forces to fight against Li Mu, everyone thought very simply. They would invest a sum of money together to support a team and platform that worked against Li Mu. They would disgust Li Mu and take away Li Mu’s job. In this way, spending some money would not only help Relieve your anger and have a chance to make a lot of money.

Moreover, making a lot of money is the most fundamental motivation here.

In other words, while making a lot of money, they can also slap Li Mu in the face. For them, this is something they have to do even if they risk their lives.

If they make a lot of money but can't slap Li Mu in the face, that's acceptable to them. After all, the first priority of a capitalist is to make money, followed by slaps in the face and pretentiousness.

But if you can't make money, but you can slap Li Mu in the face, the big guys on Wall Street should think about it carefully. In fact, they are not that honest, and working in vain is not a big deal to them. Appeal.

If they can't make money, have to lose money, and can't slap Li Mu in the face, these big guys will definitely run away with their tail between their legs.

After all, for them, such a business has no possibility of continuing.

For a true capitalist, any bottom line can be measured in terms of money. If he is slapped with one hundred dollars, he will definitely not agree, but with one million dollars, he may seriously consider it. If If it's $10 million, the vast majority of Wall Street bosses will take the initiative to show their faces. As for the past grudges, they don't care at all.

Nothing is more important than money.

If so, that's more money.

Therefore, a group of Wall Street tycoons led by IDG have discussed the cattle delivery business several times. They are discussing whether to abandon the project. As the discussion continues, more and more people are in favor of stopping losses in time.

Therefore, IDG immediately interviewed Lu Yunhao and proposed bankruptcy and liquidation of Niu Waimai.

When making the request, the IDG executive had a somewhat unkind tone. He believed that Lu Yunho was the stupidest person IDG had ever invested in. He was pinned to the ground and rubbed repeatedly by Li Mu from beginning to end. Such a person makes IDG and other capital Having lost tens of millions of dollars in blood, it was almost like being nailed to a pillar of shame.

Lu Yunhao also knew that after this mess, bankruptcy and liquidation were basically a certainty. IDG could get back some of its money by stopping losses in time. Otherwise, if it continued to be spent, it might be all gone.

However, when Lu Yunhao saw IDG's disdainful attitude towards him, he immediately felt arrogant in his heart.

Lu Yunhao feels that being defeated by Ele.me is not his problem at all, but that no one can compete with Ele.me in China, and it makes sense that he cannot do it.

The IDG executives felt that it was themselves that led to the failure of the project, which made Lu Yunho very unhappy.

When discussing severance pay, Lu Yunho originally requested that at least one year's annual salary be compensated for himself and the executives he brought with him, but the people at IDG disagreed and were not willing to pay a penny in compensation, demanding that the company directly enter bankruptcy liquidation. The program allows IDG's audit team to enter immediately to conduct comprehensive control over all accounts and funds, and at the same time register and value all fixed assets.

This gave Lu Yunho the feeling as if he had rented an apartment and was living in it. The landlord suddenly rushed in and told him to get out immediately, and at the same time threw all his belongings into the trash.

This is not only a financial restraint, but also a personal insult.

Lu Yunhao's stubborn temper suddenly rose. He pointed at the IDG executives and cursed: "Don't think that I have to listen to you in everything. According to our contract, although I only hold 20% of the shares, I started the company In the first two years, I had absolute voting rights, and you have no right to replace me!"

In other words, in the past two years, Lu Yunho had the final say in everything about Niu Waimai.

Despite the small number of shares, the voting rights are here and the contract terms are here. It is impossible for IDG to kick him away.

Unless Lu Yunho clearly violated the company's articles of association and relevant laws, such as accepting kickbacks, job embezzlement, etc.

If Lu Yunhao himself made no principled mistakes, IDG would have to wait until the two-year contract expires if it wants to take back control of Niu Waimai.

This makes IDG very uncomfortable.

At the beginning, what IDG thought was to treat Lu Yunhao as his lackey and let him bite Li Mu while holding the majority of the shares. Once it is sold in the future, he will naturally get a large profit.

What Lu Yunho was thinking at the time was that I could sacrifice most of my shares in this project, but I had to get enough money, and at the same time, I had to get absolute control.

Therefore, in order to avoid being kicked out of IDG's management, he asked for a two-year absolute safety period.

Although he has never started a business, he has heard many entrepreneurial stories.

The founder of Cisco had his shares diluted too much and did not receive enough voting rights. He eventually lost his right to speak and was kicked out of management by the board of directors.

In other words, like Alibaba’s Boss Ma, the original founder’s shares have been diluted to a very low level. At the same time, like Boss Ma, he is still in charge of the company.

However, because he does not have enough voting rights, he does not have absolute control over the company.

At this time, if the people on the board of directors unite and can gather 51% of the voting rights, they can directly vote for the founder to get out.

In this way, although the founders still have their shares, they completely lose control of the company.

In order to avoid such a thing, Boss Ma even gave up listing in Hong Kong. At the same time, he had a higher partnership structure and AB share structure. While diluting the shares, he did not dilute the voting rights. He even specifically asked for the voting rights back from Sun Zhengyi and other shareholders. , This ensures that although he is not a major shareholder, he always has absolute control over the company.

Lu Yunho is also guarding against this move from the major shareholder. Does he want me to get out? If it doesn’t exist, I won’t leave!

So Lu Yunhao slammed the table and announced on the spot that Niu Waimai would not enter the bankruptcy liquidation process. On the contrary, he would stop Niu Waimai's delivery service and expand other businesses.

The executives of IDG went crazy. They gave Lu Yunhao 40 million US dollars, almost more than 300 million US dollars, hired a lot of people, and bought a lot of hardware equipment, including a large number of commercial computers, cars, mobile phones, electric vehicles, Bicycles and batteries have been built, and several charging stations have been built. They have even subsidized users and riders with a large amount of cash. They just invested several million US dollars to invest in electric vehicle companies some time ago, and they are also preparing to develop lithium battery technology.

If it is liquidated at this time, it is estimated that half of the cash and fixed asset discounts can be recovered, but if Lu Yunhao continues to toss, he may lose a penny!

(End of chapter)