You call this entrepreneurship?

Chapter 216 You really hurt me
"Trap? What trap?!" Kou Hongfei frowned, feeling wary.

What does Qin Shaoyan mean by saying this?
Is it because we signed a contract with Lenovo Investment and you are deliberately provoking it?
"Mr. Kou, do you think I'm being alarmist?" Qin Shaoyan smiled, took out an investment letter of intent from his briefcase, handed it to Kou Hongfei, and motioned for him to take a look.

Kou Hongfei took the investment letter of intent and glanced at it hastily, feeling a little confused.

This is a standard contract document, no different from Lenovo Investment's letter of intent. All terms are similar, but there may be differences in some details.

"Pay attention to the term sheet attached to the investment letter of intent. Generally, the term sheet will give some conditions for the investment content. Take a look at the exclusive agreement." Qin Shaoyan reminded.

Kou Hongfei took another look, very confused, "What's going on? Investors want to protect their own interests, so there is nothing wrong with this exclusive agreement."

"A letter of intent is not the same as an investment agreement. It is just a letter of intent. Signing this does not mean that he must invest." Qin Shaoyan said with a smile, "If Legend Investment tells you next that they want to consider it, and then delays signing it, Investment Agreement.”

"And there is an exclusivity agreement in the letter of intent you signed. You can't look for other investors within the time specified in the letter of intent."

"Of course, this is not absolute, but the legal risks and troubles involved are definitely not something that a small entrepreneurial team like you can handle."

Kou Hongfei frowned and retorted: "This is impossible. Lenovo Investment is a big company and will never do such a thing."

"This is unethical."

"It's immoral, but it's legal." Qin Shaoyan said with a smile, "What's the use of morality in the face of interests?"

"Why do they do this?" Kou Hongfei still refused to believe it, "You don't make sense."

"Of course it's to lower your valuation." Qin Shaoyan said lightly, "You don't have much funds, right?"

"They keep delaying the procedures, signing the agreement, and disbursing the money. How long can you guys hold on?"

"Investors are sure that entrepreneurs will not need funds for too long, so they take advantage of your weaknesses and take the opportunity to lower the valuation or ask for more shares."

Kou Hongfei's face turned pale, but he still argued: "This is just your one-sided statement, it does not mean it is true."

"You don't have to believe it. The current situation is that you are like fish and meat, and the other party is like a knife." Qin Shaoyan said unceremoniously, "The other party can do whatever they want to you, do you still expect the other party to be kind?"

"Capital has no habit of showing kindness. Starting a business is not treating guests to dinner, nor is it playing house with children."

"Go back and ask Lenovo Investment to see when they are going to pay." Qin Shaoyan sneered, "I can bet you that they will postpone this matter until after the year, and then find other excuses."

Kou Hongfei was silent.

"Let's put aside the matter of Lenovo's investment." Mr. Qin persuaded him earnestly, "Even if you can successfully complete the financing, you will have no chance."

Kou Hongfei was shocked and asked subconsciously: "Why?"

"Because we are also building a video website, and it will be online before the year." Qin Shaoyan said with a smile, "I heard that you will have to wait until May next year to go online?"

"No." Kou Hongfei immediately retorted, "Our progress is faster than you expected."

"Even if I underestimate you, it's impossible for you to go online before the year, right?" Qin Shaoyan asked, "Whether it's March or April, you are all behind."

"In the Internet industry, if you are one step behind, it will be difficult to catch up again, unless your hard power is stronger than my website."

Kou Hongfei became even more silent.

The other party is the CEO of Campus Network, worth billions, and the largest social networking site in China.

Moreover, the other party is the creator of YouTube and has the traffic support of the campus network. No one in the country understands video websites better than him.

How can the website built by my small team be compared with others? I am exhausted and cannot keep up with others.

"Twenty-five million US dollars." Qin Shaoyan looked at Kou Hongfei seriously, "Our video website is valued at US$25 million, and we have signed agreements with four venture capital firms including IDG, Sequoia Capital, and Capital Today."

Kou Hongfei suddenly felt despair, it was over, it was all over.

Others were valued at US$25 million, but I was only valued at US$2.5 million, which was a tenfold difference.

How else to fight?
"Your entrepreneurial project is already a quagmire now. There is no need for you to get stuck in it." Qin Shaoyan looked at Kou Hongfei sincerely, "Why don't you come to us."

"Our video website has just been launched. There are many positions, the salary is easy to negotiate, and there are many benefits."

"The options are all reserved, as long as you come here, you will have them."

Kou Hongfei was stunned for a moment, and it took him a few seconds to come back to his senses, "Are you asking me to change jobs?"

"Why don't you change jobs?" Qin Shaoyan smiled, "I admire your talent very much and am willing to provide you with a higher and bigger platform so that you have the opportunity to fly higher."

Kou Hongfei hesitated, shook his head, and said firmly: "I'm sorry, I can't do this."

"Thank you, Mr. Qin, for your love. I have never thought about leaving my current team."

"It doesn't matter." Qin Shaoyan still maintained a smile, "Cooperation is about your will and my willingness. Everyone chooses each other. There is nothing to be sorry for."

Kou Hongfei quickly said goodbye and left. Edward looked at Qin Shaoyan and asked doubtfully: "What should we do now?"

"What should we do? Keep going." Qin Shaoyan said with a smile, "There are eight people in this entrepreneurial team. Let's talk slowly."

"who is the next?"

Edward immediately pulled out his address book, "My name is Yan Jingtao, and he is also a programmer."

……

Although he rejected Qin Shaoyan, Kou Hongfei was still upset along the way.

Without him, the content of the conversation the other party had with him today was too shocking.

Before your own project has even been hatched, a powerful competitor has already arrived.

Kou Hongfei felt anxious about his career, and his future felt bleak.

At the same time, I was also worried about Lenovo's investment. On the one hand, I comforted myself that the other party was a big company and would not be so shameless.

On the other hand, I am also worried, what if what Qin Shaoyan said is true?
Being undervalued means that you have less starting capital, there are strong enemies around you, and you have insufficient funds internally, how can you do this?
Kou Hongfei, who was worried, returned to the office they rented. It said it was an office, but it was actually a residence because the rent was cheap.

Kou Hongfei sat in front of the computer and opened the code out of habit. After looking at it for a long time, he couldn't type a line.

There is always a nightmare lingering in his mind. If the campus network also operates a video website, what should they do?
Kou Hongfei had experienced the previous Internet winter, when countless websites went bankrupt, and the lingering scene made him a little scared.

Nowadays, hundreds of thousands of websites are born on the domestic Internet every day, and more websites close down.

Under the impact of the tide of this era, no one is sure what the future will be like.

Kou Hongfei, who had been holding back for a long time, got up and looked around. He found that Wang Wei was not in the company, so he picked up his cell phone and called him.

"Hey, what's going on, Hongfei?" There was a lot of noise in the background of Wang Wei, who seemed to be socializing with others.

"I didn't see you in the company, where are you?" Kou Hongfei asked.

"I'm eating with people from Lenovo outside." Wang Wei asked, "What's the matter?"

"Is Mr. Peng from Lenovo Investment here? Did he say when he will send the money?" Kou Hongfei asked directly.

"They have to conduct due diligence first, and then pay the money." Wang Wei thought for a while, "The investigation will take a while, and it won't be until later than the new year."

"After the new year?!" Kou Hongfei was shocked, "There are only these few people in our team, what is there to investigate?"

"This is a standard procedure. You can't omit any steps." Wang Wei consoled him, "It's not going to be short of a few days anyway."

"What are the days? There are still more than two months before the Chinese New Year?" Kou Hongfei frowned, "Can you urge them."

"Okay, I understand." Wang Wei agreed. After Kou Hongfei put down the phone, he felt even more uneasy, but he didn't know what to say to Wang Wei.

Just when he was struggling, a team member named Yan Jingtao came over.

Yan Jingtao stood next to Kou Hongfei, hesitated for a long time, and finally summoned the courage to say: "Brother Fei, can you come out for a moment? I have something to tell you."

Kou Hongfei was stunned for a moment, then nodded and followed Yan Jingtao downstairs.

But when they got downstairs, Yan Jingtao stopped talking again and looked at Kou Hongfei who was hesitant to speak.

"What's the matter with you, Jingtao?" Kou Hongfei saw Yan Jingtao's expression was wrong, frowned and asked, "Are you short of money?"

"What about Brother Fei?" Yan Jingtao held it in for a long time and finally said, "I'm not short of money. I want to say that I want to quit."

"What?!" Kou Hongfei was shocked and looked at the other party in disbelief, "What did you say? You want to quit?"

"Yes, I want to quit." Yan Jingtao gritted his teeth and said, "I quit."

Kou Hongfei was stunned for a few seconds, took out a cigarette from his pocket, lit it, and took a long puff, "Why?"

"Our team has reached an agreement with Lenovo Investment and will have money soon. Why exit at this time?"

Yan Jingtao hesitated for a moment, "For personal reasons, I don't want to do it anymore, and I don't want the shares that Brother Wang promised."

Kou Hongfei stared at Yan Jingtao's face closely, "Tell me the truth! Why?!"

"Did someone poach you, or did you want to change jobs yourself?"

Yan Jingtao was silent for a moment, "Brother Fei, we have known each other for so many years, and I won't hide anything from you."

"I found a new job and the salary was very high."

"Which company is it?" Kou Hongfei asked.

"It's the campus network." Yan Jingtao said simply, "Not only did they give me a high salary, but they also had good benefits and agreed to stock options."

"Is that why?" Kou Hongfei blushed, feeling a little angry in his heart.

"Of course, why not for this?" Yan Jingtao sighed, "Isn't it just for money to start a business? Why not go there now that you have a better place to go."

"And Campus Network is very sincere. In addition to salary and options, CEO Mr. Qin also personally promised to provide us with the down payment for buying a house. I'm getting married soon, so I can't continue to rent a house with my girlfriend."

"..." Kou Hongfei was silent. He didn't expect Qin Shaoyan to be so aggressive in poaching people. "Everyone has their own ambitions, so you can go."

He waved his hands helplessly, knowing that Yan Jingtao would definitely not be able to keep him. Why bother making trouble with friends when they are just friends.

Yan Jingtao was overjoyed, as if a burden had been lifted from his heart, "Thank you, Brother Fei, for understanding."

Yan Jingtao was about to turn around and leave when he suddenly stopped and said, "Brother Fei, since we are all friends, let me advise you."

"The cost of our project is too small, so we can't compete with others. Even with the US$500,000 invested by Lenovo, we can't compare with others."

"Even if we can survive until the listing, the boss Wang Wei will be the one who gets rich and eats meat, and those of us who work part-time will just drink some soup."

Kou Hongfei was stunned. He didn't expect Yan Jingtao to say such a thing.

They are all working part-time. If you drink soup here, you can also drink soup on the campus network, so why not go to a place that is more comfortable and has a greater success rate.

Kou Hongfei returned to the company a little depressed. As soon as he entered the door, he saw another member of the team walking over.

"What about that, Brother Fei, I have something to tell you."

Kou Hongfei was confused for a moment and asked in a voice: "Are you going to change jobs? Is the campus network poaching you?"

The other party was also stunned and asked in shock: "Brother Fei...you already know..."

Kou Hongfei's eyes darkened. The campus network was too ruthless. They poached two of his men in one go.

But this was just the beginning. In addition to Yan Jingtao, three people expressed their intention to quit.

The remaining three people said nothing, their meanings written on their faces.

People's hearts are broken, and the team has rebelled!

Kou Hongfei was so angry that he almost vomited blood. The campus network was draining money from the bottom of the cauldron!

He called Qin Shaoyan angrily and asked directly: "Qin Shaoyan, you are still the boss of an Internet company, so you are plotting against me like this?"

Qin Shaoyan sighed, "I'm doing this for your own good."

Kou Hongfei was very happy, "You poached all my people, is that for my own good?"

Qin Shaoyan said with a smile, "I know that you are a loyal person and are unwilling to abandon the team for a high salary, so I had to poach your brothers together."

"Now that your team is here, you can't abandon them, right?"

Kou Hongfei was speechless. What kind of logic is this?

Qin Shaoyan said sincerely: "Mr. Kou, I am thirsty for talents and appreciate you very much."

"As long as you come here, the salary and money will not be less, and a house and a car will be provided for you."

"I will provide you with a bigger and better platform so that we can achieve each other's success."

"Even if you don't think about yourself, you should think about your team brothers." Qin Shaoyan continued, "You don't want your brothers to suffer along with you and ultimately fail in their business, right?"

Kou Hongfei sighed, "I'm sorry, I can't abandon Wang Wei, we are friends."

"Aren't Yan Jingtao your friends?" Qin Shaoyan asked, "You persuaded them one by one to join the entrepreneurial team. They trust you very much, so you abandon them like this?"

"Abandoning seven other friends for one friend?"

Kou Hongfei was silent and then hung up the phone.

Seeing that Kou Hongfei did not express his position, Yan Jingtao and others couldn't sit still. They sat around him and began to persuade.

"Brother Fei, I came with you. What will we do if you don't come?"

"Brother Fei, I resigned and started a business with you because I trusted you. Now that everyone is leaving, please say something."

"Brother Fei, you don't want to see your brothers in trouble, right?"

Several people tried to persuade him, Xiaozhi moved him with reason, and Kou Hongfei's head got big.

"You are really hurting me!" Kou Hongfei closed his eyes and let out a long sigh, and finally relented, "I will risk my life to accompany you."

Everyone was overjoyed and gathered around Kou Hongfei to pack his things, then went out together and went to find Mr. Qin excitedly.

Wang Wei, who was socializing outside, didn't know anything at this time. After drinking too much, he went home to rest.

The next day Wang Wei happily walked into the company, and then was stunned.

There was no one in the small room, and the computer screens were all black.

He couldn't help but be surprised. It was already ten o'clock in the morning, and everyone should be working normally. Why was there no one there?

Where is my team?
Where did my big team go?
(End of this chapter)