Chapter 1176 Collapse

"Haha, resign? Did you add spices to your cigarette? Are you high?" Hastings couldn't help laughing as if he had heard the biggest joke in the world.

This is a company that I founded with one hand, grew with one hand, went public with the other, and has become a leader in the online rental field today. Why did you resign? Why?

"Didn't I tell you?" said Randolph, "I was very busy yesterday. Before three o'clock yesterday, I was very busy, very busy."

"The result of my busy work is that 9 directors including me, yes, you heard it right, a total of 9 directors, unanimously agreed to accept your resignation as chairman of the board of directors and CEO of the company,"

Looking at the serious Randolph, Hastings couldn't laugh now, "Is this your idea?"

"How dare you? Why do you do this?" He looked a little ferocious.

"Nineth? Who else?" He thought of another question.

If it was nine directors, that would mean that in addition to Randolph, there was another director who was an executive who betrayed him.

"I think you know my reasons, and whether you believe it or not, I'm doing this for our company and for you," Randolph said.

"For the company? For me?" Hastings walked around the office like a trapped animal, "Why did you become like this?"

"I haven't changed Hastings, you have changed," Randolph said. "You only care about yourself."

"The person behind this must be Mr. Feng, who is said to be highly valued by their country's leaders," Hastings said with a smile. "But that young Mr. Feng doesn't understand. Don't you guys understand too? Motion To remove me as chairman of the board of directors, a shareholders’ meeting must be convened to pass,”

"Yes, it is precisely because we all know that we have been preparing for so long. It is precisely because we all know that I said, for your own good, you should resign voluntarily. Being removed at the shareholders' meeting will inevitably affect you. reputation,”

After Randolph said this, he seemed to be relieved and powerless, "Hastings, you don't have much time left. If you don't agree, we will convene an extraordinary general meeting of shareholders. I don't want you to do it in front of everyone." I was deposed by the majority,”

Hastings originally wanted to ask, why are you so sure that the majority of shareholders will agree to this proposal?

But seeing how sure Randolph said, he immediately understood that they had already obtained the consent of the majority of shareholders. Otherwise, how could Randolph have the confidence now?

As for why those shareholders agreed, their lobbying naturally had something to do with it. However, the company's recent sluggish performance is probably also the reason why those shareholders agreed.

"You guessed it right," Randolph looked at him and nodded, "Yes, we have obtained the consent of the majority of shareholders,"

"So Hastings, take the initiative to resign. Although I really don't want to do this, this is the best result for you and the company."

"You don't want to?" Hastings became angry, and a pile of documents on his desk was brushed to the ground. "You don't want to?"

"You have made arrangements one by one to relieve me of all my duties, and you still don't want to?"

"Hastings, you look outside, you look outside and you know, this is not my choice, this is the choice of everyone in the company,"

"The choice of all personnel?" Hastings suddenly opened the curtains and saw that many of the staff outside, including his secretary, were really paying attention to this place. Seeing that he had seen it, he quickly pretended to be He looked busy.

However, in the distance, more people were whispering and looking in the direction of their office with complicated eyes.

Hastings still knows his employees very well. He understands the expectations in the eyes of those employees. It turns out that they are also looking forward to being acquired by NEXTDOOR?

Why don't so many people understand me?

He didn't believe it was true.

He rubbed his face vigorously, not believing what he was facing now.

He called another number, but, as before, the situation was very pessimistic. The phone kept ringing, but no one answered.

Finally, when he called for the third time, the call went through, "Exxon, it's me, listen to me, I have convinced Walmart that they are interested...,"

"Mr. Hastings," said the other side.

Hearing the old Exxon actually call him sir, Hastings's heart suddenly cooled down. Is this really irreversible?

"Why are you looking for an old guy like me now? Whatever you want to do, you can do it well. Netflix is ​​your company alone. There is no need for you to care about the opinions of us shareholders and directors,"

"Exxon, listen to me," Hastings said a little anxiously for the first time. He felt a little sorry for his behavior for the first time. He really shouldn't have done it after the board of directors had just clearly rejected the proposal to contact Wal-Mart. I ignored this and went to Walmart headquarters the next day.

"Although I had very legitimate reasons to go to Walmart, and although I did get the results I wanted at Walmart, I apologize to you and the board of directors for my reckless behavior,"

In times of crisis, people like him will also compromise.

In short, we must get through the current hurdle safely, and the rest can be discussed in the long term.

To get through this safely, the support of the board of directors is crucial - this is the sadness of most founders of high-tech companies in Silicon Valley. After rounds of financing, they only hold a minority of shares.

When 9 out of 12 directors on the board stand against themselves, it is obvious that if a shareholders' meeting is held, the situation will not be optimistic.

"If everyone disagrees with the proposal to cooperate with Walmart, I respect everyone's opinion,"

"Hastings, it's all in the past. It's meaningless to say that now. Like Randolph, I am very reluctant to do this, but for the company, I fully support him. Okay, I have an appointment. Goodbye,"

But before hanging up the phone, Exxon called again, "Hastings,"

Hastings was happy, "Hi, I'm here,"

Exxon paused, and said in a low voice, "You, hey, take care of yourself,"

This time, the phone was really hung up.

Hastings slumped in a chair.

"These two are the prepared resignation applications," Randolph took out two pieces of paper from his bag and put them on the table.

"Haha, it's really well prepared," Hastings laughed bitterly, "Mr. Feng, it's really a plan that is watertight,"

"Randolph, for an outsider, you,"

"He is not an outsider, he and his affiliated companies hold a large number of Netflix shares," Randolph was completely unmoved at this time, and took out another piece of paper, "This is the company's external statement, you can also take a look,"

What he meant by this was that Hastings only had room to sign, and not a single word could be changed.

"You've signed, let me know," Randolph turned around and said at the door of the office.

"Bang," the desk lamp fell to the ground.

Randolph closed the door and locked Hastings, who was almost collapsed, inside, "Don't let anyone go in to disturb him," Randolph said to Hastings' secretary.

"Okay, Mr. Randolph," the secretary stood up and said.

When he passed by his office, oh, his old office, he also stopped for a moment, and Wilson also came out immediately, "Mr. Randolph, come in and sit down?"

"No, thank you," Randolph looked at the layout inside, which was completely different from when he was there, "I'm sorry, Wilson, I shouldn't have hit your car to vent my anger that day,"

"No, no," Wilson laughed, "Actually, I didn't understand the situation first. I didn't know that the parking space, my office, and my position I got were all from you. I completely understand your mood at the time,"

"Thank you for your understanding, then goodbye,"

"Wait, Mr. Randolph," Wilson stopped him, "Speaking of which, we didn't have the opportunity to get to know each other. I graduated from Stanford and have been working in Silicon Valley. I have served as a senior executive in many technology companies. My strength is in customer service. Mr. Hastings hired me because he valued this strength of mine,"

"I think my ability can also serve Netflix in the future,"

After thinking it over, he didn't want to seek another position so soon. Such an experience would definitely be a stain on his resume.

Besides, logically, Netflix should be better after the acquisition than it is now.

"We will definitely see this," Randolph said.

…………

In Seattle, Coin Star's spokesperson Marcy informed Zheng Jiayi, "Jessica, get ready, we will go to Silicon Valley tomorrow,"

"Really?" Zheng Jiayi was overjoyed.