Apart from a few who insisted on resigning, most people silently retracted their resignation letters. Not everyone has the courage to venture out and start their own business.
Since leaving would an working sowhere else, it makes no sense; after all, staying at Anjing Online Supermarket offers a decent salary, and the benefits are not bad either.
However, so could smoothly withdraw their resignation letters, but for others who had already submitted them, retracting wasn't so easy.
Those who turned around and made trouble ultimately had to pay the appropriate price for their actions.
Wang Xin never expected that people from Hualong Investnt would reach out to him, wanting to invest in the MiTuan he founded, and they were very generous with their offer.
Wang Xin was pleasantly surprised, which boosted his confidence in the future developnt prospects of the group-buying industry dostically.
Wang Xin was quite familiar with Hualong Investnt Company, having carefully studied the developnt history of the Arican group-buying site pioneer, Gaopeng Group-buying site, and he knew that the angel investor for Gaopeng was Hualong Investnt Company from Harbor Island.
Wang Xin actually had plans to approach Hualong Investnt Company for financing later, but he didn't expect to approach them for funding initially.
The initial start-up funds for MiTuan did not require much, and given his personal connections, finding an angel investor wasn't difficult.
Once ituan officially goes live, after using up most of the angel round of financing, an A round of funding would start. Only then would Wang Xin consider approaching Hualong Investnt Company for financing.
Wang Xin didn't expect Hualong Investnt Company to find him so early, wanting to invest in the ituan he had founded.
Wang Xin naturally couldn't refuse, but he also didn't fully accept all of Hualong Investnt Company's investnts, only taking a small portion.
He didn't want to give away too much equity during the angel round. If he lost too much equity in the angel round, what would happen with the A round, B round, and C round of financing later? He would beco very passive by then.
Wang Xin was no longer a newcor to internet entrepreneurship, so he considered issues very comprehensively, never making avoidable mistakes.
After all, from his previous entrepreneurial endeavors, he had already made all the mistakes necessary and accumulated extensive entrepreneurial experience. Mistakes he had already made were unlikely to be repeated.
Despite Hualong Investnt Company's grand gestures, willing to invest a lot as long as they could acquire more shares, Wang Xin remained very restrained and wasn't swayed by imdiate benefits.
However, facing the substantial investnt from Hualong Investnt Company, he still made so concessions, but not too many.
Lei Bus, who had just founded Xiaomi, was also approached by Hualong Investnt Company, and he naturally welcod it.
Nowadays, Hualong Investnt was not an obscure investnt company; it was renowned in the investnt community as the "God of Investnt."
Because companies invested by Hualong Investnt Company essentially never failed; conversely, those favored by Hualong Investnt Company always went on to success and beca bigger and stronger.
Abroad, there was Arica's Gaopeng and Tesla; dostically, there was Jingdong and Yihaodian.
Even the backing investnt for the Anguo Group dostically ca from Hualong Investnt Company.
The Anguo Group was undoubtedly a first-class company dostically, and a successful one, which also proves that Hualong Investnt Company's investnts are very successful, with an extraordinary eye for investnts.
No internet startup company dostically didn't want investnt from Hualong Investnt Company.
Although Lei Bus had long made a na for himself in the internet world, he couldn't refuse the olive branch extended by Hualong Investnt Company.
However, his thoughts were similar to Wang Xin's; he only accepted part of Hualong Investnt's investnts and didn't want to overly dilute the shares at the start, worrying that he might be controlled by Hualong Investnt Company later or even beco a worker for Hualong.
Xiaomi's goal was to develop and manufacture phones, to redefine phones. Although the company was newly established and hadn't started phone R&D and manufacturing yet, it was temporarily focused on developing social networking software. Lei Bus was developing a mobile social software called MiChat, aid at competing with mobile Feixin and Mobile QQ.
But eventually, it would definitely engage in phone R&D and manufacturing, which would inevitably lead to competition with Huaxing Smartphones; and the largest shareholder of Huaxing Technology Company is also Hualong Investnt Company.
This was also one of the main reasons Lei Bus took a cautious approach to Hualong Investnt Company's investnt.
Although he did not refuse investnt from Hualong Investnt Company, he wouldn't let them hold a significant share of the equity.
In this regard, Hualong Investnt Company felt helpless as well, but it was a company the chairman wanted to focus on, so regardless of the equity percentage, it had to be invested in, as long as they could strive to occupy as much as possible.
Lei Bus also felt helpless facing the heavy investnt from Hualong Investnt Company, and although he firmly held onto his bottom line, he did make so concessions.
In Hualong Investnt Company's investnt plans, any company the chairman specifically nad for investnt was a key focus, to be invested in at all costs, trying to acquire as much equity as possible.
For companies not nad by the chairman for investnt, those were left for internal research and determination by Hualong Investnt Company on whether to invest, considered discretional projects.
After the seven major groups were ford, Yi Anguo noticeably felt much more relieved than before. Zhou ngdie felt the sa, and she also felt that the pressure was much lighter than before.
Even though the Anguo Group remained massive after the split, it was still the most powerful group among the seven major groups, aside from Hualong Investnt Group.
This power was, of course, asured by profitability.
The main industries of Anguo Group include real estate developnt, real estate interdiary services, property managent services, financial managent services, banking, securities, funds, investnts, among others, and include Anguo Furniture as well. It would be no exaggeration to describe Anguo Group as extrely wealthy.
However, no matter how wealthy Anguo Group is, it's still not as rich as Hualong Investnt Group, which is also a 100% owned group company by Yi Anguo, essentially Yi Anguo's own child.
Compared to Hualong Investnt Group, Anguo Group is still sowhat inferior.
As for Anjing Group, it is still constantly investing and developing, with annual financial statents showing a loss status.
This is unavoidable not because Anjing Online Supermarket has not made money, but because Anjing Online Supermarket is continually expanding, and the money earned is not enough for the investnt needed.
The situation for Huaxin Semiconductor Group is similar because it hasn't been established for long and constantly building branches and investing in technological R&D projects, hence the year-end financial statents also show a loss.
Huaxing Technology Group is almost the sa, albeit slightly better off compared to Huaxin Semiconductor's situation, with lesser losses; it's expected to achieve profitability by the end of this year.
The most severely loss-making is Hua'an Microelectronics Group, with no expectation of profit in the coming years due to the massive investnt in technology R&D and the difficulty in seeing returns.
As for Huasheng Automobile Manufacturing Group, it is just in the start-up phase, so profitability is hard to anticipate in the short term.
Considering the situation, the only truly profitable enterprises under Yi Anguo are Hualong Investnt Group and Anguo Group.
The rged Anjing Group can barely self-sustain and achieve balanced developnt.
Huaxing Technology Group can also self-sustain, managing its profits and losses independently.
Huaxin Semiconductor Group could survive on its own if the funding support were stopped.
Only Hua'an Microelectronics Group is a company needing substantial support, requiring continuous investnt to sustain its developnt.
If funding support were stopped for Hua'an Microelectronics Group, it wouldn't survive three months.
As for Huasheng Automobile Group, enough starting capital has already been injected, and the new model has successfully rolled out, making the situation much better than Hua'an Microelectronics Group's.
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