Chapter 1,710 Even if It’s Someone Else, It Won’t Work

Latest website: "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. Especially, I don't want the company to get a share of the pie." A third-party voice appears.”

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 a third-party voice, 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. The total financing amount ranges from tens of millions of dollars to hundreds of millions of dollars, which is perfectly 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 is also considered to be well capitalized.

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

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

However, these companies are currently not making money. Moreover, this also caused Qin Feng to be burdened with debt.

This debt ratio is too high.

This is a very dangerous debt ratio.

Dimon is Wall Street's most prestigious vice president. He knew very well how much trouble this might bring to Qin Feng.

Once the capital chain breaks, 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,

Then your company's market value will shrink rapidly.

This is not to say that it has actually shrunk. Its original market value is still there, but the debt will lead to outsiders taking advantage of it.

This is like a famous businessman named Wang. His properties were 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 has obviously been negotiated, but in the end, everyone came to sign, and temporarily cut it in half, resulting in assets worth more than 100 billion and eventually sold at a low price of more than 30 billion.

But the other party, who obviously suffered a huge loss in other aspects, ended up taking advantage of the situation and packaged up more than 30 billion and sold it. In the end, it took several years to sell more than 100 billion.

Sometimes, the capital chain is so fragile.

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

Just like Qin Feng, he is now burdened with nearly 70 billion yuan in debt. Dimon also investigated his business 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 day and age, he is already very wealthy.

Especially, Qin Feng is still young.

However, this is all false prosperity.

It would be very simple for him to take over 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 bunch of jackals and tigers and leopards come 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 was there no money, but in the end, the bank owed tens of billions.

This will never turn around.

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 divest, Qin Feng will have no problem at all. 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 a short period of time. 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. I still have more than 7 million US dollars in my account, which can probably be cashed out to about 30 million US dollars. Then the U.S. stock market bubble bursts, and if you sell on a large scale by then, you 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 yuan 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 expenditure aspect 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's because the company is inherently small and has few financial needs. In fact, this needs to be done outside, and it only costs about US$1,000 a month.

The salary for 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, " This is 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 an on-campus enterprise 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.

This can be done!

Maintaining a long-term 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.

This is Qin Feng, otherwise it would be impossible to change him.