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Chapter 1710 It's not enough to change people

"Dimon, I personally don't want capital to come in." Qin Feng said, "I'm not too short of money. I don't want such a promising company to be shared by others. In particular, I don't want a third party to appear in the company.

sound."

Damon nodded.

"However, I'm afraid it will cost a lot of money in the early stage." Dimon said.

It is difficult for Dai Meng to understand Qin Feng's thoughts.

Once capital is introduced, the company will inevitably have third-party voices, which is inevitable.

However, a lot of funds are required.

This will most likely go through a first round of financing, a second round of financing, a third round of financing, and so on.

Generally speaking, it is normal for a company to raise four or five rounds of financing before going public. And the total financing amount can range from tens of millions of dollars to hundreds of millions of dollars, which is completely normal.

If Qin Feng is burning money like this, it will probably be at least several hundred million dollars.

This is the later stage, you have to spend real money to get it.

Does Qin Feng have so much money?

Of course, he also investigated some information about Qin Feng and knew that it has many factories in China. It can be regarded as having strong capital.

However, because of his investigation, he knew that most of Qin Feng's enterprises in China were financed by loans.

Although, these companies are very profitable, which proves that Qin Feng is indeed very visionary.

However, none of these companies are currently making money. Moreover, this has also caused Qin Feng to be burdened with debt.

This debt ratio is too high.

This is a very dangerous debt ratio.

Dimon is the most prestigious vice president on Wall Street. He knows very well how much trouble this may cause Qin Feng.

Once the capital chain is broken, Qin Feng will be in trouble.

Regardless of the high market value of his company, it currently exceeds these debts.

But once your capital chain is broken, your company's market value will shrink rapidly.

This does not mean that it has really shrunk. Its original market value is still there, but it means that this debt will lead to outsiders taking advantage of it.

This is like a famous businessman named Wang. His property was originally worth hundreds of billions. However, due to some reasons, his capital chain was broken, forcing him to raise funds to repay the loan.

At this time, a group of people came to take advantage of the situation. The price had obviously been negotiated, but in the end, everyone came to sign and temporarily cut it in half. As a result, the assets of more than 100 billion were sold at a low price of more than 30 billion.

But the other party, who obviously suffered a huge loss in other aspects, finally used this advantageous business to package and sell more than 30 billion yuan. In the end, it took several years to sell more than 100 billion yuan.

Sometimes, the capital chain is so fragile.

Although everything seems fine, once the capital chain is really broken, the consequences will be disastrous.

For example, Qin Feng is now burdened with debts of nearly 70 billion yuan. Dimon has also investigated his corporate assets.

Under his name are automobile factories, steel plants, 4S stores, and the Wuzi Lianxing Building, as well as Jiuzhou IT Company that produces CPUs, Jiuzhou Network Services Company that owns QQ, and Jiuzhou Game Company, with a total value of approximately

80 billion.

In other words, Qin Feng's net worth, regardless of these negative assets, is more than 10 billion yuan. In this year, he is already very rich.

Especially, Qin Feng is still young.

However, this is all false prosperity.

It would be very simple for him to take control and annex Qin Feng's assets.

As long as the four major banks behind Qin Feng withdraw the funds and let him repay the money, Qin Feng will be gone in an instant.

80 billion is used to repay the loan. At this time, it is far from enough.

If a group of jackals, tigers, and leopards come over to the market, and if they have a little bit of conscience, they will buy it for you at half the price, then they are considered to have a conscience.

If there is no conscience, it is not impossible to end up with a 10 to 20 billion yuan acquisition.

At that time, you will go bankrupt directly.

Not only did he not get a penny, he ended up owing tens of billions to the bank.

There will never be a day of recovery.

If you don't pay back the money, even better, the bank will confiscate the assets directly.

In short, in the capital market, Qin Feng's debt is a big problem. Of course, as long as the four major banks do not withdraw their capital, then Qin Feng will not have any problems. Instead, he is a super rich man with a net worth of more than 80 billion.

Of course, Qin Feng, a super rich man, is relatively empty.

"Boss, you have to give me a number, how much money you will have in the future. I have the ability to help you get the money, but if you don't raise funds, we have a way not to raise funds. But I want to know how much money you have!"

Damon said.

Qin Feng did the math. He still had more than 7 million U.S. dollars in his account, which could be cashed out to about 30 million U.S. dollars. Then the bubble in the U.S. stock market bursts, and if there is widespread short selling, he should be able to make a lot of money.

In this regard, Qin Feng feels that the problem should not be big.

"In the middle of this year, that is, from May to June, there should be about 20 million US dollars invested, and by the end of the year, there should be 100-200 million US dollars." Qin Feng thought for a while and said.

Damon did the math and found that it was basically enough.

As long as the personnel salary expenses are controlled, then the expenditures will be enough.

But now the company is really not easy to control.

Qin Feng’s previous salary was too high.

Damon frowned.

Then I found a finance manager who could offer me a salary of US$18,000 a year. That was because the company was already very small and had very little financial needs. In fact, if this was done outside, it would only cost US$1,000 a month.

The salary for being an intern is pretty good.

It is not impossible to even say that it is not impossible to reduce it to as low as 800 US dollars a month.

But what Qin Feng did was really difficult for him to handle.

Especially, they are all Harvard students.

"Actually, I have a proposal. But, this may lead to some competitors in the future." Dimon said.

What proposal? Qin Feng was curious.

"That is, the company does not sign long-term contracts except for core employees in a few core departments. All employees are hired by Harvard teachers and students. Once they graduate, they can work in the company for up to half a year before they must leave," Dimon said, "

In this way, we are equivalent to providing Harvard teachers and students with a job on campus. Of course, American law prohibits overseas students from working, but we can use our status as a company on campus to provide them with a job to solve their problem

needs. Of course, the important thing is not here, but to maintain a long-term cooperative relationship with Harvard.”

Qin Feng blinked.

You can have this!

Maintaining a long-term and good relationship with Harvard is very beneficial to the company.

In this way, Qin Feng hopes to invest in some research fields at Harvard in the future. This investment means that Qin Feng will be able to obtain more patent copyrights at a relatively low cost.

In addition, there is another point, that is, the taxes that companies need to pay are less.

In the middle, the profits are huge.

But why no company is willing to do this is because not every company will be recognized and supported by a prestigious school like Harvard.
Chapter completed!
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