Chen Tong has no choice.
The CEO's request for an appointment has been rejected by Li Mu. If he can't even get an appointment with Li Mu, then no one at Sina will have a chance.
Chen Tong sighed, hung up the phone, and said to the CEO and other core management: "Let's discuss what happened tonight. It is no longer possible to solve this problem before Nasdaq opens."
The CEO is so confused that he doesn't even give him a chance to give in. What is Li Mu going to do? Do you really want to force Sina to give up? It is not that Sina cannot afford to lose this piece of meat, but once Sina loses this piece of meat, it will have no shame to sit in this position. A CEO who made mistakes during his tenure has caused the company to suffer such a big loss, this is inevitable Taking the blame and resigning.
Chen Tong said to study what happened at night. What else can be studied? It's still early morning in the United States. When it gets dark over there, investors will probably receive the news and call to question the situation. If they can't solve the problem themselves, they can only tell investors that these 26% of traffic will be lost in a short period of time. It is irreversible. Investors will definitely curse in anger, and when the stock market opens, the stock will definitely fall sharply. Now he can only pray that after the stock opens, the decline must not exceed 10%, otherwise he will become Sina's eternity. Sinner.
Chen Tong couldn't bear to see the stock price plummet, so he couldn't help but send Liu Eodong another text message, asking him if he could help get Li Mu out.
He is not a sophisticated person with a strong literary and artistic flair, otherwise anyone else would understand that Liu Edong and Li Mu are in the same boat. Even if he has to call Chen Tongsheng, he will never help Chen on this issue. Not only will he not help him, but he is 100% inclined to Li Mu in terms of his position on this matter.
Liu Edong just promised him that he would help in the message, and then forgot about him, because he is much busier than Chen Tong now. Several well-known companies have signed contracts with Taobao, and he is now preparing Organize a summer brand day activity and conduct a joint promotion for these brands. The concept of brand promotion day activities was instilled in him by Li Mu. Liu Edong strongly agrees and supports this, and his enthusiasm is very high. This is the Double Eleven Online Shopping Festival The prototype of Taobao must not only attract the attention of users, but also attract the attention of manufacturers and brands. If this summer brand day can help those cooperative brands open a powerful online sales channel, Taobao will be able to attract more attention from manufacturers and brands in the future. Become an uncle.
Therefore, in the face of such an important matter, he had no energy to help Chen Tong persuade Li Mu, not to mention that he was not prepared to persuade Li Mu. Li Mu was young and had much firmer ideas than himself. He was afraid that no one would be able to make the decision he made. He couldn't change it. Besides, he also understood Li Mu's way of doing things. It was basically impossible for Sina to get through this crisis without any loss or danger. Li Mu was not such a generous person at all. He was in the business field with Like a wolf, it will not give up if it has its sights on it, and it will never let go of its bite. It will either bite the opponent to death or tear off a piece of flesh.
Chen Tong thought that Liu Yedong would definitely help him lobby, and thought that based on his relationship with Li Mu, Li Mu would definitely give him a favor. However, he waited and saw no reply from Liu Yedong until after five o'clock in the afternoon. He couldn't help but think again. Asked Liu Edong, Liu Edong replied directly: "I'm sorry, Senior Brother Chen, Li Mu doesn't buy my fault, I'm sorry."
Chen Tong had no choice but to do everything he could.
…
Liu Xuebin was extremely depressed today.
Some time ago, he led most of his team members to go north together and successfully joined Sina. He also personally received a generous signing bonus and bought a house as soon as he arrived in Yanjing. Moreover, because he brought a large-scale He joined the old team and was highly regarded by the company, so as soon as he joined Sina, he became one of the few managers with real power and was in charge of the entire UC development. His level was even higher than when he was at QQ.
But what he didn't expect was that within a few days of this comfortable life, Makino Technology suddenly came to Sina to take a step back. He knew very well that from the moment he joined Sina and Sina developed UC with great fanfare, Makino Technology They already regarded Sina as their biggest competitor, and even before Sina UC came to the front line, they launched an attack on Sina.com in advance.
Seeing the company's core management team anxiously gathering together for a meeting, Liu Xuebin felt a little worried. He had previously thought about where he and his team members would go if UC couldn't do YY, but what he originally imagined was that UC would at least still be able to succeed. It will take several months to develop, go online and operate, and it will take at least a year. Moreover, Sina CEO has also promised himself that he is prepared to spend three years competing with Makino Technology in the field of instant messaging. In other words, he will at least He could get a high salary at Sina for three years, but he never expected that Makino Technology would change its tactics and force Sina into a dead end. Now he began to worry about whether Sina would compromise with Makino Technology in order to preserve its core business. If Sina gives up UC, it will be miserable for itself.
Not only is he worried, but also the nearly 100 former QQ employees who joined Sina with him are worried about this. They have their own QQ group where everyone usually communicates. Everyone spent the whole afternoon discussing in the group. , what should everyone do if Sina cannot withstand the pressure of Makino Technology and gives up UC this time.
The first time I came out of QQ, I had already been a bereaved dog. No one among the more than 80 people wanted to repeat the painful experience at that time. They finally got two opportunities to develop in Yanjing. In order to Following the old leader, in order to get a higher salary, they chose Sina, and traveled thousands of miles from Shenzhen City to Yanjing. As soon as they settled down, would they become the losers for the second time? If this is the case, then their future may be even more worrying than last time.
There were more than 80 people in the group who looked at each other and said something to each other. After a certain period of chatting, someone said: "If we had known that Makino Technology was so domineering, we might as well have joined Makino Technology in the first place. At least Makino Technology would definitely be more stable than Sina." .”
This sentence suddenly reached the hearts of others. They had always wanted to say this, but no one had started. Now someone brought the topic to this first, and the group suddenly exploded.
Many people are saying that they should have sought stability instead of more money. Some are even discussing whether they would still have a chance to join Makino Technology if UC was axed by Sina.
Liu Xuebin had never spoken in the group, but when he saw these remarks, he couldn't help but get angry and posted in the group: "Please calm down for a while! Everything is still unknown now, does it make sense to speak ill of UC so early?" ?If you really don’t like UC, then just resign!”
The group fell silent for a moment. No one expected that Liu Xuebin would become anxious all of a sudden.
Liu Xuebin deliberately spoke more harshly, just to suppress this topic at once. Otherwise, if he used a slightly softer tone, everyone would definitely drag him to discuss the topic just now. What he has to do now is to hold his ground. Military spirit, if UC becomes corrupt, others can think about whether he can join Makino Technology again, but he can't, because he knows in his heart that when he first interviewed Li Mu, he had actually offended Li Mu. He is so smart. The person must have seen that he deliberately gave him problems first, and then made excuses to deal with him. He only met him to deal with him, and then dealt with his team members. Therefore, he knew very well that if UC Being cut down, Makino Technology has absolutely no place for itself.
Because he yelled such a sentence in the group, no one in the group spoke anymore. Everyone either moved to private chat or small group, or simply made an appointment to have dinner after get off work to talk about the matter. Liu Xuebin was in agony waiting for the senior management to make an announcement. The final result, but I didn’t receive it until after get off work in the afternoon.
…
At seven o'clock in the morning New York time, Wall Street's political investors begin a busy day. Every morning, before the market opens, they will make a general judgment on the stock prices of the stocks they are paying attention to today based on news and information collected from all over the world, especially For those listed companies in countries with large time zone spans, they need to pay closer attention, because the night they just rested, for people on the other side of the ocean, happened to be the entire day, any new corporate trends, or some good news, Bad news basically comes out during working hours, so they have to pay attention to what happened to those companies in the past ten hours.
Such a big thing happened in Sina, so naturally it could not escape their eyes.
When they learned about what Sina was facing and the impact they suffered, they immediately made a judgment on Sina's stock price: Sina being blocked by Makino Technology was a major bad news for Sina. If Sina is currently facing If the predicament spreads to the United States, Sina's stock price will inevitably fall sharply at the opening. Now is a good opportunity to short it.
Wanting to short a stock is very simple in principle. As long as you think its stock price will definitely fall, you can immediately start shorting. The method of shorting is nothing more than borrowing a batch of stocks from a brokerage and selling them at the current price. Wait for the stock to fall and then buy it back at a low price to repay the stock. Generally speaking, short selling is based on the company's public or potential risks. They have the most powerful and timely information exchange system in the world. Once they smell an opportunity, Will start immediately.
The current share price of Sina on Nasdaq is around US$1.6, with a market capitalization of over US$70 million. This kind of stock is not very eye-catching on Nasdaq, but there are still a lot of stockbrokers watching, and the stock has not yet opened. , a bunch of people have started gearing up, ready to take the opportunity to make a fortune by shorting Sina.
(End of chapter)