My rebirth is different

Page 399

Although Yu Wenfei is recruiting part-time students on a large scale, he does not expect these part-time employees to be the main force.

The real main force must be a full-time employee, and he has already found the target...

In a high-tech park in Pudong New District, there is a building belonging to a company called Yitang!

That is to say, it was established at the same time as Sina and Netease on the spot, and it burned 5000 million US dollars in venture capital a year!

In just three or four years, Yitang.com has long since faded away, and there are very few promotions of this company in the market.

For no other reason than the company ran out of money.

The original 5000 million was thrown in, and the splash was seen, but after the splash subsided, it didn't produce much effect.

What to do, what to do, the scope of business is very wide, but everything has not been done.

Later, the venture capitalists also understood that this company... has no future!

There is no money!

Therefore, no venture capital firm dared to invest in Yitang anymore. The boss of Yitang went out every day to meet with venture capitalists and solicit investment, but he didn’t get any money.

After a few years, Yitang, which once had thousands of employees and three branches, has closed three branches one after another, and there are only about [-] core employees at the headquarters.

The rest of the positions, those that are not so important, have already been laid off, there is no way, the wages cannot be paid.

"Boss, can I get my salary this month? I owe rent for two months. If I don't pay the rent, the landlord will kick me out."

It's working time now, but Yitang's employees don't care about work.

In the technical department, it was supposed to be the clacking of the keyboard, but now there are quite a few people chatting in whispers when they hear someone typing on the keyboard.

"I asked the accountant yesterday, and he said that there is no problem with the salary, and it will definitely be paid this month. The boss bought a house of his own, and he wants to pay salary for everyone. Hey, our Yitang has been brilliant before, How did you end up in this situation now?"

The boss of the technical department said with a long sigh.

"Hey, Boss, you are considered number one in the industry, so no one is going to poach you? Why are you sticking around here? When you came here before, you can also say that you are running for the company's listing and stock options. What are you planning now? .” The staff next to him asked curiously.

The head of the technical department, a middle-aged man named Lu Qi, gave a wry smile.

"In the past two years, Internet companies have not been as hot as the previous few years. Our salary level is not very high, but it is not low. It is very difficult to go to an outside company to get such a salary level. It’s difficult. Besides, I also joined Yitang right after its establishment, and I still have feelings for this company. Stay here."

Shaking his head, Lu Qi stood up and told everyone: "Okay, stop chatting, you have to work hard for a day's wages. Continue to optimize the page. Although our website has low traffic, the user experience is better than that. This big website is much better. In addition, Lao Li, please go to the computer room to check. I saw a user left a message saying that the speed of visiting the website was a bit slow last night. When we make a website, we must ensure the speed of access. This is the most important thing in user experience No matter how good the content of your website is, if the speed is very slow and users have to wait a long time to open it, then not many people will have that patience.”

Chapter 338 Mr. Tang's Dream

Lu Qi had just returned to his office when he heard the landline on his desk ring.

Glancing at the small LCD screen on the landline, the internal number was displayed.

"Hello, this is the technical department." He said in a deep voice.

"Director Lu, Mr. Tang invites you to come to his office."

A soft female voice came over.

It turned out to be from the CEO's secretary.

In a high-tech company, the boss is not called the general manager, and the CEO is always used instead, which seems foreign.

Lu Qi put down the phone and was about to go to the boss's office.

This building is owned by Yitang Company, with a total of fifteen floors, and the boss is of course on the highest floor.

Their technical department is on the fifth floor.

Take the elevator to the fifteenth floor and come to the door of the CEO's office. The secretary is already waiting there.

Seeing Lu Qi approaching, she opened the door for him with a sweet smile and invited him in.

Lu Qi felt a little uneasy, what did the boss ask him to do?

Recently, I haven't heard any good news, let alone...

If it's just layoffs, or even layoffs himself, Lu Qi is not afraid.With his own skills, no matter how bad he is, he can still make a living.

What he feared was that the company would declare bankruptcy.

It doesn't matter if I'm alone, but it's probably worse for the little brothers under my command.

The past two years have just caught up with the so-called "Internet winter". Everyone is gritting their teeth and no Internet company dares to recruit people on a large scale.

Not to mention recruiting, if any company does not lay off employees in the past two years, it is already a rare good company.

In fact, as early as the beginning of 2000, the US Nasdaq Composite Index, which is dominated by technology stocks, suffered a severe setback. The stock index continued to decline, and the Internet economic crisis broke out in an all-round way.On September 2000, 9, the Nasdaq index fell to 21 points, the lowest record in three years. The emerging Internet industry, which relies on venture capital for a living, suffered a catastrophe, and the entire Internet industry was full of gloom and chill.

After the global technology bubble burst in 2000, other pioneers of the Internet on the mainland, Sina, Sohu, and NetEase, also performed poorly.

This is the crisis of the Internet web1.0 era. Large-scale Internet companies at home and abroad have been liquidated and withdrawn. This is the first real Internet winter.

From March 2000.3 to October 2002.10, Internet companies lost about US$5 trillion in market value.

Yitang.com just caught up with this wave of cold winter, so after the first 5000 million US dollars of venture capital was burned out, it never received a large amount of venture capital again.

Just kidding, the venture capital firm is about to go bankrupt, how can it return your money.

…………

Walking into the office, Lu Qi found that not only the boss was there, but also the representatives of major shareholders.

The major shareholder is of course the "big head" venture capital that invested US$5000 million in Yitang at the beginning, accounting for 50.00% of the company's shares.

The atmosphere in the office was not very good. VC representative Pete was sitting there with a gloomy face, and President Tang was also silent.

Of course Pete couldn't be happy. Sevin Rosen, the American venture capital company he represented, was "limped" by Mr. Tang in front of him, and invested 5000 million US dollars in him all of a sudden.

Now two years have passed, not only has the company not made a penny of profit, but the money has also been burned.

What's even more frightening is that Yitang.com sees no hope.

Whether it is from portal websites, e-commerce, or any other field, it has not achieved the top three in the mainland market.

In the Internet field, it is different from other industries.

In the traditional industry, there may be tens of thousands of companies, and everyone is making the same product, and they are all living a good life.

But in the Internet industry, the boss is booming, the second is struggling, and the third...

Is there a third child?