"Qin Pan, our business is too big and our development speed is too fast, so we have to spend a lot of advertising money. Once users return their deposits, and return them crazily, this will be a huge crisis for us."
Jia Pan said unhappily: "It's all your fault. You go and provoke Qin Yong for no reason. It's okay if we don't snatch Qin Yong's users. After snatching them, the backlash is extremely serious. How to fill the 4 billion pit? Who has so much money to lend us?"
"Mr. Jia, there is no way out now. We can only ask the elders of the family to support us. Otherwise, we owe so much debt that it may be defined as a pyramid scheme, and the Jia family will not be able to get you out."
When Jia Pan heard Qin Pan's words, he wanted to tear Qin Pan apart. He felt that he was badly cheated.
Now, there is no way out.
"Qin Pan, you are a fool, you are a waste. When this crisis is resolved, we will never cooperate again."
After Jia Pan hung up the phone, he immediately returned to the Jia family and came to Jia Hong's study, knocking on the door of the study three times.
"Come in."
Jia Pan heard the voice and pushed the door open to enter.
Jia Hong sat on the leather chair and looked at Jia Pan: "Jia Pan, you are not in a good mood, is there something wrong?"
"Dad, I have a problem and want to ask you for advice."
Jia Hong heard this and absolutely did not believe it.
If Jia Pan really encountered a problem, he would definitely call first and would not go directly home.
Jia Hong asked: "What's the problem? Tell me!"
"Dad, Qin Pan and I created a 'Panpan Bicycle'. This shared bicycle has great potential and is developing very rapidly. The number of users has exceeded 100 million, and our company has also made a profit of 2 billion."
Jia Hong frowned when he heard Jia Pan's complaint: "There is no need to say polite words, just tell me your difficulties."
"Dad, our business has expanded to Heyang Province and Jiang Province, and Qin Yong's 'Safe Bicycle' was refunded by users. As a result, Qin Yong reversed and waived the deposit. More than 20 million users want to refund the deposit of our platform, which is more than 6 billion."
Jia Pan complained: "But we invested money in offices, recruiting employees, renting bicycles, and advertising, and we have no money to refund customers' deposits. If things ferment, hundreds of millions of customers will refund their deposits, which is more than 30 billion."
Jia Hong took a breath when he heard Jia Pan's complaint.
More than 30 billion, Jia Hong is also enough to drink a pot.
"Jia Pan, why didn't you tell me about this big thing before?"
"Dad, according to Qin Yong's business model and our speculation, customers will not return the deposit, and only a small number of customers will return the deposit. However, I didn't expect Qin Yong to be so vicious in competition and directly waive the deposit."
"Jia Pan, the shared bicycles you make are actually fundraising, don't you know?" Jia Hong asked unhappily: "Since you know it, you don't allow vicious competition? You also reduce the price with a deposit, which is bad for the entire industry. In the end, whoever does the biggest will suffer the biggest backlash."
After Jia Hong's analysis, Jia Pan finally understood why Qin Yong didn't expand the "Safe Bicycle" because the backlash was really big.
Unless, use the money raised to make a fortune in other industries.
Jia Pan immediately thought that Qin Yong might have earned back the cost long ago while raising funds for "Safe Bicycle" and doing "Food World" at the same time.
Jia Pan continued to complain: "Dad, my biggest difficulty now is to return the user's deposit first. Otherwise, I may be convicted of fraud and pyramid selling, and may be imprisoned."
In fact, Jia Hong had long known that Jia Pan wanted him to pay this time.
Jia Hong was very disappointed with Jia Pan at this moment, how could he be willing to pay?
Jia Hong said with emotion: "Jia Pan, I am the head of the Jia family. Although the Jia family is large and powerful, the working capital is definitely not more than 10 billion. Even if I help you fill the huge pit of 4 billion now, this pit can continue to ferment, and the entire Jia family will have to fill it."
Jia Pan is not a fool. He has realized that Jia Hong is unwilling to spend a penny this time, which is also a signal of completely giving up on him.
Jia Pan begged bitterly: "Dad, I don't want to go to jail, please save me!"
"Jia Pan, you are not hopeless. Sell the company and transfer the debt to get out of it safely."
When Jia Pan heard this, he realized that his third entrepreneurial failure.
Jia Pan asked: "Dad, can you help me evaluate how much my company can be sold for? You can mobilize your connections and ask them to buy my company."
"Jia Pan, your company has more than 30 billion yuan in debt. Even if you sell it for 0 yuan, it is better than being in debt."
When Jia Pan heard '0 yuan', he almost collapsed.
However, Jia Pan thought that as long as he transferred 2 billion yuan from the company account and then sold the companySelling it for ‘0 yuan’ seems to be a big profit.
This is great, let’s do it this way. We have to discuss the sale of the company with Qin Pan.
Qin Pan has already walked out of the master bedroom on the second floor. He came to Qin Mo’s study and knocked on the study door three times.
Qin Mo shouted, “Come in.”
Qin Pan pushed the door open and entered.
Qin Mo had a bad feeling when he saw Qin Pan.
Qin Mo asked, “Xiao Pan, what’s the matter with you?”
“Plop”
Qin Pan knelt down in front of Qin Mo: “Dad, save me.”
Qin Mo saw Qin Pan’s performance and realized that the trouble was a bit big, and he might not be able to save Qin Pan.
Qin Mo shouted, “Get up and talk. What kind of big trouble have you encountered?”
“Dad, if you don’t agree to save me, I won’t get up.”
Qin Mo was very upset. It seemed that Qin Pan was spoiled and had learned to force the palace.
Qin Mo said unhappily: "In that case, you don't need to say anything, get out."
When Qin Pan saw Qin Mo getting angry, he knew that he was too purposeful and angered Qin Mo.
Qin Pan quickly stood up and said: "Dad, I was in a hurry and didn't mean to force the emperor."
"In that case, you should speak nicely."
"Dad, after my 'online catering' withdrew from the market, I used the remaining money of the company to make 'Panpan Bicycles'. The company recovered, and I expanded the company. Bicycles were spread across five provinces and more than 20 cities, including Jiang Province and Heyang Province..."
When Qin Mo heard that Qin Pan urgently needed 4 billion to stabilize the company's situation, he was very alert. This was Qin Yong's move, and it was definitely not 4 billion that could settle it.
If it continues to ferment, it may cost more than 30 billion. This pit can bury the entire Qin family, and the power that Qin Mo has accumulated for 18 years will also be wiped out.
Qin Mo sat in the chair, already shaking: "Xiao Pan, why didn't you discuss it with your family or tell me before you started the shared bike business? Now something has gone wrong, right? This pit is too big, it's not a problem that can be solved with 4 billion. As the head of the Qin family, I have to consider the entire Qin family, do you understand?"
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