I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

Qi Jie turned a deaf ear to the criticisms from the senior executives in the office.

I couldn't help but think of the moment when I first chose to come to OFO.

He gave up Mr. Jiang's annual salary of 30 million at Haijing and joined OFO, a brand new company with a bright future.

At the beginning, he was full of energy. Although the OFO platform could not compare with Tencent, it had great potential and the opportunity to go public.

And it is no less popular with investors than Tencent.

However, when he really took over the company's finances, things turned out to be somewhat beyond his expectations.

He had thought that OFO's financial situation would not be good, at least not as good as Tencent's, with such formal financial statements and various perfect processes to support it.

But I didn’t expect it to be so bad!

All the executives own a Tesla Model X, and some of them bought it even earlier than Gao Wei.

All the money was paid from the company's accounts, more than 100 million per car, and there were more than a dozen of them in total.

Not only that, the founder, Mr. Dai’s personal sports car, real estate, and all kinds of large-scale consumption are all covered by the company.

No wonder they had to hire an external CFO, otherwise a large portion of the funds raised by the company would have been spent by the executives of the founding team.

Qi Jie actually regretted his decision at first, but he had already resigned from Tencent and rejected Jiang Hao's invitation.

There is only one way to go. With the current data of the company, let alone going public, it will not even pass the audit by the tax bureau.

Under Mr. Dai's suggestion, false accounts are inevitable.

These days, apart from giant, powerful group companies, there aren't many companies that don't have fake accounts, so Qi Jie doesn't have much psychological burden about this.

And under the encouragement of President Dai, he also joined the executive team in their extravagance and gave himself a series of expenses.

Of course, as the financial director, I still have to do something, and I have to reject all the expenses that the executives cannot tolerate.

This tough approach naturally increased President Dai's trust in Qi Jie.

After all, he couldn't stand the excessive spending of some of the executive team.

It's just that he himself can't help himself sometimes, and besides, they are his fellow brothers who have suffered together with the founding team, so he doesn't want to say it.

Mr. Dai’s entrepreneurial team is actually similar to a start-up team, that is, the first batch of entrepreneurial founders.

This is exactly the same mentality as when Jiang Hao first started his business.

Since the company was not listed, its valuation was fictitious, and he personally could not get a penny before it went public.

He is not bound by any vision and is willing to give up his shares to any investor who is willing to pay.

At the same time, after the company becomes bigger and has a high market share of users, you can give yourself a high salary to enjoy.

In essence, it is a kind of life of cashing out in advance.

Not to mention the year-end bonus, after all, his income before the IPO also depended on the money from the company.

This has caused the company's growth to expand abnormally.

Of course, the extravagance of the company's senior management team is only one aspect.

On the other hand, the business model itself is something that Jiang Hao completely ignores.

Making a deposit for financial investment is completely a gambling activity.

In terms of scale, the stock market has generally been rising in recent years.

However, the financial products purchased by OFO are all high-risk. A group of newbies entering the market with this amount of funds are being sniped and are just throwing money away.

Not to mention the company's extremely aggressive expansion approach.

Qi Jie actually felt uneasy staying in the company, but the shares, annual salary, and the treatment given to him by President Dai made him suppress his anxiety.

The most important thing is the five rounds of financing a year. The continuous capital injection is what makes Qi Jie feel most at ease.

This is the time of extremely crazy and advanced expansion.

It is also the largest financing, and it was originally thought that 18 billion euros would definitely be received.

This led to the company's crazy investment before the New Year, including further crazy spending by senior executives and further increase in capital and leverage in the financial market.

Although all this is crazy, as long as the 18 billion RMB in financing can be received, the company will immediately have tens of billions of RMB in funds, and it can actually operate smoothly and even avoid more abnormal expansion.

Who knew this thing would end up failing!

It’s like a chain of credit card cash withdrawals. Now that the game has reached this point, suddenly one card can’t be paid off!

All previous radical decisions and consumption are now about to come to a conclusion.

"...At the beginning of the year, another 10 million bicycles were prepared for deployment, and these costs can no longer be stopped."

"I have kept a record of everyone's various accounts receivable. The total amount must be hundreds of millions..."

At this moment, Qi Jie was reflecting on himself while nakedly showing what he had done after coming to the company, including the statistics of the company's spending.

At this moment, none of the executives present had the heart to blame Qi Jie.

All eyes turned to Mr. Dai who was sitting at the desk and was also the founder and backbone of the company.

Whenever a company faces a life-or-death situation, the founder is the last hope in everyone’s heart.

"Mr. Qi, I understand everything you said. Now is not the time to hold anyone accountable for these problems. What's important is to solve the problems."

"We are all in this together. If the company goes bankrupt, no one will be better off!"

"Boss Qi, is the only solution right now to raise some money? To deal with the current situation?"

Mr. Dai is still very calm at this moment.

Although SoftBank is no longer raising funds, OFO is still very popular in the market, not to mention that it is backed by Alibaba, so the worst is not yet here.

"Dong~dong~"

There was a hurried knock on the door outside the office.

"Please come in!"

A woman wearing a black silk miniskirt and a professional suit with part of her snow-white chest exposed walked into the office with enchanting steps.

This is Mr. Dai’s secretary, a secretary in every sense of the word, whether it’s company affairs or his personal needs.

"what's up?"

At this critical moment, no one except this personal secretary would disturb their executive team.

"Boss Dai, this is related to Boss Qi. It seems that users in Yantai City have started to withdraw their deposits on a large scale again."

"Also, there are news reports that our company has failed to raise funds and the capital chain has been broken. Right now, more users across the country are asking for their deposits back than usual."

The female secretary has a clear voice and a cool aura that is completely different from her devilish figure.

When everyone heard the news, their first reaction was to look at Qi Jie.

After all, he was the one who knew the company's financial situation best. In fact, they only realized today that the company had reached this point.

As a result, reports on the company have already begun to appear on the Internet.

"What are you all looking at!? This must be a smokescreen specially set up by the enemy company to confuse everyone!"

"It's most likely Mobike. I heard that Mr. Sun is no longer investing, so he's starting to make trouble for us!"

Mr. Dai reacted very quickly in this regard, and I guess the news was just guesswork by the other party.

It’s just that my guess was correct. Now OFO is really facing the risk of running out of funds!