Winning the new financial era

Chapter 634
Stimulated by the news that Yanhuang invested "150 billion RMB in Tesla", Zhang Yida came to him for various projects before returning to China.

The first to come is torn onions!

Unlike in the past, Tiecong did not ask Zhang Yida to meet at the bar this time, but came to the 50th floor of Ruixiang Building in person.

"Hey, rare guest, please sit down!"

Zhang Yida greeted Wang Sicong, and asked a young girl from the administrative secretariat to serve tea.

Wang Sicong was wearing a hat and dressed in a hip-hop style.

He let out a long sigh, "Let me just say it straight, Panda Live can't last any longer, do you have any ideas for acquisition?"

Zhang Yida froze for a moment, "What's going on? It's not a well-run business, so why can't it go on all of a sudden?
With your family's strength, even a casual bite would kill your life! "

Wang Sicong shook his head, "It's not that simple, now the live broadcast pattern has been set, you and Penguin are competing for hegemony.

You know, the company also has [-] as a shareholder, Penguin will not accept us.

If you don't even want Panda TV, you can only turn it off. "

Tear Onion's tone was full of loneliness, who would want to starve to death a child raised by himself?
Zhang Yida found that there seemed to be something wrong. The panda live broadcast in the previous life seemed to be closed on March [-] Women's Day.

It's already early May, and the pandas haven't collapsed yet.

He guessed that it should be a series of cooperation with Ruixiang, which extended the panda's life for two months.

"What do people from [-] say?"

Wang Sicong shook his head and sighed, "The thing I regret the most now is that I brought them in and stood in line ahead of time, otherwise I wouldn't even be able to keep a chance to quit."

Zhang Yida knew more or less about the situation in the live broadcast of the panda. He heard that the people from [-] were in charge of the technical department, and there were serious internal conflicts with the people who tore the shallots.

Tear Onion is also a person who is used to spending money extravagantly. At the beginning of starting the company, he used his influence in the e-sports circle and his status as a national husband to lure many hot anchors.

If the company goes uphill, it will naturally be able to support these high expenditures for poaching people.

However, the last round of financing for Panda Live stayed in May 17, and as of today, there has been no financing for two years.

In the hot live track, this is extremely abnormal.

If it does not continue to raise funds and does not go public, is it a balance of revenue?

Wang Sicong asked anxiously: "Are you going to take over? Ruixiang's big entertainment strategy has already taken shape, and if we acquire Panda Live and integrate it, we will definitely be able to rejuvenate."

Zhang Yida shook his head and laughed, "Too many, we currently have three live broadcast platforms under our umbrella, and Touronghui is still planning to start a live financial management class, so there are four platforms.

What do you think I use so many live broadcast platforms for?Put a piece to fight? "

Wang Sicong nodded, expressing his understanding.

Anyway, he is also a person of status, so naturally he will not beg Zhang Yida.

It's fine if you don't buy it, and he will ask others.

"Isn't it just a live broadcast platform? If it goes down, it goes down. Don't you still have shares in Ruixiang? Keeping it makes you a lot of money."

Pusi Capital participated in Lilith's investment. When Ruixiang acquired Lilith, Tiecong transferred the shares into Ruixiang's equity.

This is how Zhang Yida said "holding shares in Ruixiang".

"I know Rui Xiang will definitely not let me down, but..."

Tear Onion seemed hesitant to speak, making people a little confused.

"What's wrong? Is there something unspeakable?"

Wang Sicong thought for a while, and finally confessed, "I signed the VAM agreement and the personal unlimited joint liability guarantee for debt financing."

"My good boy!"

Zhang Yida lamented that he didn't know that in his previous life, he was turned into an "executed person". This happened only one month after he traveled through time. Naturally, he didn't know the story behind the financing of Panda Live.

"You dare to sign such an agreement?" Zhang Yida asked Tie Cong.

Wang Sicong took a long breath, turned his head to look at Zhang Yida, and said: "If you don't sign a contract, you can't get financing, especially debt financing. Panda Live is not like an industry that has a factory and land, and there is no mortgage. The actual controller takes personal money." The assets are used as a guarantee!"

Zhang Yida nodded lightly. He also signed such an agreement when Huimin Bicycle completed 10 billion US dollars in debt financing.

Are entrepreneurs stupid?No, capital is ruthless!
Capital is profit-seeking. When it succeeds, it is the icing on the cake. When it fails, it may become the last straw that overwhelms entrepreneurs.

Between entrepreneurs and investors, there is a structure full of tension. The two often form a game relationship and start a silent contest.

From the perspective of investors, there are many examples of entrepreneurs cashing out and leaving, leaving a mess for investors. Signing joint and several liability is to protect themselves.

From the perspective of entrepreneurs, unlimited joint and several liability is squeezing entrepreneurs. This money may revitalize the company, or it may be a way to quench thirst by drinking poison and taking yourself into it.

"Hey, you've got something to do this time!"

Zhang Yida reckoned that the panda live broadcast would not be sold.

At present, the live broadcast industry structure has been formed. Except for Penguin and Ruixiang, other companies have no courage to enter this industry.

Courage here means that the risk is very large, and it may take more than 10 billion U.S. dollars in heavy capital to revitalize the panda.

If it is not revitalized, the money will be wasted, and the money for the acquisition of Panda Live will be added.

However, Ruixiang and Penguin looked down on pandas, and their business data had already plummeted.

I heard that there are still high-level infighting within the company, employees and anchors paddling, like a monk hitting the clock for a day.

Buying this kind of enterprise is a burden, and neither Penguin nor Ruixiang will want it.

"Have you signed a contract with the investor?"

Seeing that the live broadcast of Panda could not be sold, Tear Onion began to ask questions again.

In his mind, although Zhang Yida is younger than himself, he has much richer entrepreneurial experience and capital operation experience than himself.

It would be best if Zhang Yida could give him two tricks.

"Why didn't you sign it? The total number of gambling agreements I have signed is [-] to [-]!"

Speaking of this, Zhang Yida got excited, but still maintained a calm demeanor, and talked in a very calm tone.

This is called invisible pretense, and it is the deadliest!
Tear Onion was startled, "Don't tell the truth on the Internet?"

"What online?"

Tear Onion slowed down, sorted out his language and said: "It is said on the Internet that you have won more than a dozen rounds of gambling?"

"Uh... well, it's true!"

Before Tie Cong said "Fuck", Zhang Yida stopped him with gestures, "Calm down, don't spread the word, everyone is now a shareholder, spreading it is not conducive to unity."

Zhang Yida's temperament of "hiding merit and fame" was taken aback, he sighed, "Hey, it's easy to say if you win the bet, but it's really miserable to lose!
You said, how can there be such a shameless venture capital, if you lose the investment, you have to buy back the shares and pay 12% annual interest. "

Zhang Yida didn't answer the question, the words seemed meaningless to him, why did you go so early?Let your dad invest directly?

You want to use capital, and capital wants to use you, so don't blame others if you lose.

"I suggest you talk to them and see if the interest can be wiped off."

It was signed there in black and white, and the live broadcast of the panda was looking like this again. Zhang Yida had nothing to do with it, so he could only find a way to reduce the loss.

"Talk, it doesn't work."

Tie Cong sneered, "They've already decided on me. If I don't pay back the money, my dad will pay it back for me for the sake of reputation."

Zhang Yida gasped in a "hissy" breath, let alone, it really made sense.

If you are a grassroots entrepreneur, venture capital can only admit it, and the rule of law can't do anything to others.

It's different to tear the green onion, the son owes the father to pay, I will hype it up for you on the Internet, and it will be exposed, and the richest man can only hold his nose to pay back the money.

(End of this chapter)