The richest man starts with a blind box

Chapter 878 Does he want the company to close down?
"Is there no money to watch? Haven't we already made a profit?" Hastings froze for a moment.

"But sir, we have spent a lot of money recently. You ordered to enrich our film and television resource library and prepare for future online film and television plans, so we have been purchasing copyrights of various film and television resources in a planned way. It was your order to execute it, and almost all of our profits for the first half of this year have been invested in it!" said the person in charge of finance.

"That's the old rule, ask the head office for money!" Hastings said nonchalantly.

In fact, Netflix in this world has developed about three years faster than Netflix in another world. For example, Netflix began to purchase various film and television copyrights on a large scale after 2008.

The reason for this situation is that Netflix in this world is not short of money!

Netflix in another world, even after its listing, is always in a state where the capital chain is about to collapse. For some reason, Netflix in this world is not the same as in history. It was listed in 2002. It is estimated that Boss Huang Butterfly effect, but funds are still very tight.

After Boss Huang took over, Hastings suddenly found that he had become very wealthy, and he didn’t need to save money. Once he was short of money, he only needed to ask the headquarters for money. Huang He always Be able to give money immediately.

Therefore, the development speed of Netflix has been three years faster than in history. At the same time, Hastings has also developed the habit of asking the headquarters for money. expansion.

So this time, when the financial department continued to say that the company had no money in its account, Hastings immediately showed his traditional performing arts and asked Huang He for money.

Although Hastings didn't think about the bad relationship between himself and Huang He, the headquarters might not be willing to pay, but Hastings felt that the possibility was unlikely.

Because the company now only has 20 yuan left, if Huang He doesn't pay the money, then Netflix will stop operating in an instant, and Netflix may go bankrupt immediately.

Huang He spent a huge amount of about [-] million U.S. dollars on Netflix one after another. It is impossible for him to watch the company go bankrupt, and then all the [-] million U.S. dollars will be in vain!
So Hastings is quite confident that Huang He will definitely give money.So Hastings didn't think about money at all, but continued to discuss a series of offline physical store expansion plans with executives.

However, Hastings is very clear that Huang He will not support this kind of offline physical store plan, so he will warn all executives later that this plan must not be leaked, at least in the latest sum of funds from Jiangnan Group This plan must never be known to anyone else before it arrives.

Finally, Hastings announced a 20% salary increase for all employees, which set off a huge cheer from the audience.

After that, Hastings asked the relevant departments to manage Huang He's request for money. According to the normal situation, after the report was submitted, it would take about half a month before the headquarters would approve the money directly.

Once before, because the company was in urgent need of money, Hastings called Huang He directly. As a result, the funds arrived in the account within three days, which quickly solved Netflix's urgent need, so Hastings felt that this time it was the best. At most, it will take half a month before the money will come down. At that time, it will directly expand the offline stores and raise the salaries of the employees. Netflix will be bloodletted, and the money will be released from Huang He. Hastings felt very happy.

As a result, that night, the secretary reported to Hastings that the company had received a reply from the head office. The head office said that there was no money to give them, and asked Netflix to solve the company's financial problems by itself!

"What? Isn't Huang He afraid of the company going bankrupt?" Hastings said angrily, asking the secretary to continue to ask for money, but no matter how many letters he sent, all the memories he got were left to Netflix to resolve.

In the end, Hastings couldn't hold back anymore. He called Huang He, and described the financial difficulties faced by the entire Netflix in a very serious tone on the phone, and finally said to Huang He, "Mr. There are so many conflicts between them, but Netflix is ​​your thing after all. In three days, it will be the time for the company to pay salaries, and there is only less than 10 US dollars left in the account, and the money to pay half of the employees It’s not enough, if you don’t support us, then you just wait for the company to go bankrupt!”

"Crack!" As soon as Hastings finished speaking, Huang He hung up the phone directly, and during the whole process, Huang He actually only said one word, hello!
Suddenly I felt a little flustered, because it is true that the salary will be paid in three days. Even if the salary can be delayed for a few days or even a few months with sweet words, the daily operation of Netflix cannot be without money!

So now we must find a way to get money for the company.

At this moment, the only way to get money quickly is to raise money through financial means, because Netflix has no right to external financing or borrowing, so Hastings called Huang He again and asked to use the Internet Fei's name to raise funds, or to borrow money or something.

But upon hearing Hastings' request this time, Huang He didn't pretend to be dumb anymore, but instead asked eccentrically, "Have you paid off all the money owed by Netflix? You're still borrowing money everywhere!"

Then he stated very simply that he would never allow Netflix to borrow money, let alone any financing behavior, which made Hastings foolish.

"What exactly does this Yellow Crane want? He doesn't really want Netflix to go bankrupt, does he?" Hastings muttered in his heart, but he didn't really take this sentence to heart.Instead, he thought it was Huang He's means of revenge, using money to choke himself, hoping that he would voluntarily give up the right to operate the company.

"Hmph, kill 2 enemies and lose [-]. Let's see who can bear it. Anyway, I am not short of money!" Hastings sneered, and after going to work on the second day, he announced very simply to all employees, Due to problems with the company's capital chain, all employees' wages for this month have been suspended.

As soon as this order was announced, there was an uproar at Netflix. Many people vowed that Netflix might go bankrupt this time or something. Rumors quickly spread throughout the circle. At the same time, many employees were wondering whether to resign up.

Hastings didn't care about this at all. He just wanted to make Netflix a mess, and finally forced Huang He to pay to clean up the mess.

In other words, it is impossible for Huang He to watch Netflix, which he invested more than 5 million US dollars, go bankrupt!
"He will definitely not be able to bear it in the end, and he still has to spend money on the company!" Hastings made such a judgment very confidently.

As a result, only half a day later, in the afternoon, the person in charge of the financial department suddenly ran over in a hurry, found Hastings and said, "President, are the people in the head office crazy? Are you going to force us out of business?"

"What's the matter?" Hastings froze for a moment, and found that the person in charge of the financial department was sweating profusely, obviously frightened to the extreme.

"Huang He's lawyer sent a lawyer's letter to our company, asking us to repay all the debts within three days, a total of 2.8 million U.S. dollars!" The financial director said in horror.

Hastings snatched the lawyer's letter out of his hand, and it turned out to be a letter from Huang He asking for debts, asking Netflix to repay the debt of 2.8 million US dollars.

Some people may wonder, isn’t Netflix Huang He’s own company?Why are you still in debt?
If Netflix was a 100% subsidiary of Huang He, then of course there would be no such thing.But the problem is that Huang He only owns 60% of Netflix, and Hastings owns the other 40%.Because of the existence of two shareholders, the issue of money must be settled clearly.

Netflix has always asked Huang He for money, and Huang He can give money, but after giving the money, the company has developed, and Huang He can only enjoy 60% of the income, and the remaining 40% of the income belongs to Hastings. This is very unscientific, it doesn't make sense, Hastings is such a big deal, isn't it!

So when Netflix first managed Huang He to ask for money, Hastings either increased his investment proportionally, or had to reduce his shareholding in the company.

Hastings can see the development prospects of Netflix, so he will never allow his shares to decrease. He initially invested together.

Netflix asked for 5 million US dollars, Huang He offered 000 million, and Hastings offered 3 million, so that the balance of shares could continue to be maintained.

But after asking for 1.2 million US dollars, Hastings found that he couldn't keep up. It is true that Hastings is a multimillionaire, but he is not a billionaire.

Of the previous 1.2 million US dollars, Hastings himself paid 4 million US dollars, which allowed Hastings to invest almost half of his net worth. If he followed the investment, Hastings might not want to Borrowed directly.

So Hastings doesn't want to follow suit.

Huang He actually wished that Hastings would not invest, so he proposed at that time that Hastings could use his own shares to offset the investment.

But Hastings is also unwilling to accept this plan. After all, a fool can see the development potential of Netflix. He thinks that Netflix can at least become a company with a market value of tens of billions in the future, so 40% of the shares are equivalent to 40. It is inappropriate to sell your own shares just for tens of millions of dollars now.

But it was impossible to have no money, so Hastings developed another plan, that is, not to ask for money in the name of company financing, but to ask Huang He for money in the name of company debt.

Netflix came up with a relatively high interest rate, borrowed money from Huang He in the name of the company, and then repaid the funds when due, Huang He could also get a very considerable interest, so that there would be no equity problem.

(End of this chapter)