You call this entrepreneurship?

Chapter 528

Shi Yuzhu stumbled and nearly fell to the ground, but fortunately he had good physical fitness and recovered quickly. "Short selling? Who is short selling?"

He was met with silence, no one answered.

Shi Yuzhu shouted angrily, "Go check it out!"

The assistant left immediately, but the atmosphere in the room remained tense.

"The important thing now is how to deal with short selling." Peng Xiaolin grabbed Shi Yuzhu's arm anxiously, "We need to stabilize the stock price as soon as possible. We can't let it fall any further, otherwise it will be all over."

Lenovo Capital invested 200 million US dollars and was expecting a generous return. It would be a disaster if the stock price of JuRen Network fell below the issue price in the first month.

Shi Yuzhu frowned and said in a deep voice: "Don't panic, this is a minor problem, just some operational accidents, it will be restored soon."

"The drop in stock prices is only temporary. Online Texas Hold'em is a very good project in itself, and a few minor setbacks will not hurt the foundation. Subsequent performance will quickly make up for the losses, and the stock price will rise again."

Peng Xiaolin forced himself to calm down, and said in a low voice with a gloomy face: "I hope so. At this critical moment, we must not make any mistakes."

Shi Yuzhu said confidently: "Online Texas Hold'em is supported by Facebook and Google. As long as it is opened for commercial operation, it will generate huge profits."

"How do you lose in this situation?"

Peng Xiaolin glanced at Shi Yuzhu, frowned and said, "The most important thing now is to stabilize the stock price."

Shi Yuzhu nodded and said, "Brother Peng, please arrange for someone to buy some shares of Juren Network to stabilize the stock price."

Peng Xiaolin's face was gloomy. "Isn't this too risky?"

"This is not a risk. It's just a routine operation to stabilize the stock price. The stock price will go back up soon and we can make another profit by selling it then." Shi Yuzhu said seriously.

"What if there is an accident?" Peng Xiaolin asked back.

"No accidents!" Shi Yuzhu said firmly, "No accidents!"

However, Shi Yuzhu's tone soon softened, "Don't worry, Brother Peng, I won't let you suffer any loss."

"Okay!" Peng Xiaolin gritted his teeth and nodded, "Then I'll arrange it."

Liu Wei came over and asked tentatively: "Should we explain this to the public?"

"Well, we'll just tell the public that it's a technical adjustment." Shi Yuzhu paused for two seconds, "Let me emphasize that Facebook and Google are optimistic about our Texas Hold'em project."

"Okay, I'll have someone draft an announcement right away." Liu Wei left in a hurry.

Shi Yuzhu immediately picked up his phone and started contacting people.

……

Liu Wei quickly got the detailed information of the operation accident. He was stunned for a long time, and finally shouted angrily: "You are all a bunch of idiots!"

"If the server permissions can be stolen, what is the point of technology?"

The lead programmer in charge of the report stammered, "We didn't expect this to happen, and we've only been in charge for less than half a month, so we're not familiar with many things. Some backdoors and loopholes were left by the previous engineer..."

"Didn't I tell you to hand over properly? What did you hand over?!" Liu Wei scolded the other party directly, "I gave you half a month to figure it out. Do you still want to do it?"

Liu Wei knew that getting angry was meaningless, so he suppressed his anger and asked, "How long will it take you to get it done?"

The other party thought for a moment and said, "Well, it will take at least six hours."

"You only have three hours!" Liu Wei said coldly, "If you can't handle it, the entire project team will be disbanded and you will resign."

The chief programmer was stunned for a moment, then said hesitantly, "We need Fang Ziwei's help. He is the CTO and knows the situation best. If he is here, we can get it done in two hours!"

Liu Wei took a deep breath and said, "Sure, call him back no matter what method you use!"

"Also, for this server rollback, you should come up with a compensation plan as soon as possible and issue an announcement to appease users immediately!"

As soon as Liu Wei put down the phone, Facebook's operations director called him and asked directly: "How long can you solve the problem as soon as possible?"

"Three hours. The game will return to normal in three hours!" Liu Wei said firmly.

"Liu, online Texas Hold'em is a game project that Facebook supports. You are fully responsible for this serious mistake!" Operations Director Chris emphasized, "I don't want the same serious accident to happen again. This makes me doubt your professional ability."

"I'm sorry, Mr. Chris Shuster." Liu Wei immediately said apologetically, "I promise there won't be a next time."

"According to the contract, we have to pay a fine of five million dollars," Chris said bluntly, "I hope you learn your lesson."

"Okay, I'll pay attention." Liu Wei promised humbly.

After hanging up the phone, Liu Wei cursed a few times.

But the next second the phone rang again. He looked at the caller ID and saw it was Chris again. He immediately put on a smiling face and answered the call.

Then he stopped laughing.

……

The $5 million fine is not important to Shi Yuzhu. Maintaining the stock price is the top priority at the moment.

After some emergency rescue, the stock price finally stabilized at around US$22, which made Shi Yuzhu breathe a sigh of relief.

"Just keep steady, just keep steady." Peng Xiaolin wiped the cold sweat from his forehead.

Shi Yuzhu nodded with a gloomy face. This round of trouble cost them another 100 million US dollars.

But it's all worth it.

"The stock price will go back up soon, and then the money lost will be doubled." Shi Yuzhu said in a low voice, then raised his glass and said loudly, "This is just the beginning, and our road to wealth has just begun."

The room was once again filled with laughter, and capable people, partners and brokers all showed happy smiles.

But the smile didn't last long, as someone pushed the door open again and rushed in.

"The stock price has started to fall again and has dropped to $21!"

Shi Yuzhu broke out in a cold sweat and said immediately, "Don't panic, it's only temporary and will go back up soon."

“It’s already down to $20!”

Another person rushed in and said in panic.

Everyone present was stunned, staring at each other.

Shi Yuzhu said loudly, "I told you not to panic, it's just a technical adjustment!"

“It’s already down to $19!”

Before Shi Yuzhu could finish his next sentence, Peng Xiaolin grabbed him and asked in a low voice, "What happened?"

"It doesn't matter what happens!" Shi Yuzhu glared at him fiercely, "What's important now is to stabilize the situation and people's hearts!"

"As long as the stock price is stable, there is a way!"

"We also have the trump card of online Texas Hold'em!"

Peng Xiaolin hesitated for a moment and said nothing more.

Although Shi Yuzhu behaved like a great general, he still failed to stabilize people's hearts. The continuously falling stock price made everyone panic.

Moreover, the stock price is still falling and is about to fall below the issue price. As long as it can be stabilized, there is a way, but the premise is that it can be stabilized.

Shi Yuzhu's cell phone kept ringing. At first he was chatting and laughing with the person on the other end, but later he simply hung up.

It is unnecessary to explain anything now. He still has the trump card in his hand. It doesn't matter how much the stock price of Juren Network falls.

As long as there is a trump card in hand, the stock price will go back up soon!

"Tomorrow, tomorrow online Texas Hold'em will be charged!" Shi Yuzhu said calmly, "Then the stock price will rise again, so we must stay calm."

Peng Xiaolin glanced at him, picked up his phone and reported to his immediate superior, "Boss Liu, there is only a small problem now. Juren Network still has a trump card, and it will be effective soon..."

At this moment, the door of the room was suddenly pushed open, and Liu Wei walked in with a pale face, looking like he had lost his soul.

He stumbled to Shi Yuzhu and said, "Boss...it's over...it's all over..."

Shi Yuzhu suddenly felt something was wrong. What was this? It was all over. What a depressing thing to say!

"What happened?" Shi Yuzhu grabbed him and asked sternly, "What's over?"

Liu Wei looked dazed, "Online Texas Hold'em is over!"

Shi Yuzhu's eyes went dark again, and he grabbed Liu Wei's shoulders anxiously, "What nonsense are you talking about? How is Texas Hold'em over?"

Liu Wei said with tears in his eyes: "Facebook just notified us that the online Texas Hold'em project has been suspended..."

"Pause?!" Shi Yuzhu yelled, "Why pause?"

"They said this project had major legal risks, and immediately suspended cooperation and required the game to be taken offline immediately," Liu Wei said with a sad face. "They didn't say when it would be resumed."

"What went wrong?" Shi Yuzhu said anxiously, "Why did you suspend the cooperation?!"

Liu Wei was also confused and could not give Shi Yuzhu an answer.

However, the next day Shi Yuzhu found out why the cooperation had to be suspended. People from Facebook came to his door with a newspaper and threw it in front of him.

"Can you explain what's going on?" Operations Director Chris said angrily.

Shi Yuzhu picked up the newspaper and glanced at it, his face instantly turning pale.

Newspapers severely criticized "Online Texas Hold'em" as a hidden online casino. It looks like an ordinary casual chess and card game, but it often lures users to another website.

Another website is almost identical to "Online Texas Hold'em", the only difference is that this replica website allows users to exchange virtual chips for money, inducing users to gamble.

The reporter also interviewed several users who were lured there and logged into the copy game website and obtained solid evidence.

Shi Yuzhu didn't finish reading the rest, but he already understood what was going on. It was all over now.

Chris yelled: "You are breaking the law by doing this. Are you going to destroy Facebook?! You cunning guys!"

"From today on, we will cancel all cooperation. You have been blacklisted by us. We don't want to have any contact with you anymore!"

After saying that, Chris left angrily, leaving Shi Yuzhu sitting there alone.

As soon as the news report came out, YP Technology, a wholly-owned subsidiary of JuRen Network, was completely ruined by such a scandal, and the stock price of JuRen Network also plummeted.

As soon as the market opened the next day, the stock price fell directly below the issue price, even reaching only US$12 per share.

Judging from the trend, the stock price still has a lot of room to fall.

At this moment, he no longer cared about the stock price, because Peng Xiaolin had come to his door with a gloomy face.

……

"Tsk tsk, that's too bad, the share price of Juren Network has been cut in half."

Qin Shaoyan looked at the newspaper and sighed, "How come it has dropped to seven dollars?"

Zhang Pingyi was a little puzzled. "I think seven dollars is quite high. Five dollars is about right."

Qin Shaoyan smiled and said, "That's not the case. After all, 'Zhengtu' is still making money, so it won't fall that badly."

"But a huge loss is certain. I just don't know how much Boss Shi has lost."

As he spoke, Qin Shaoyan picked up the phone and called Davis.

"Hey David, how's the harvest?"

"Incredible gains." Davis laughed. "Our profit is at least $800 million."

Qin Shaoyan was very surprised, "Are there so many?"

"We are not the only ones shorting. You know what Wall Street lacks the most is hunters. They are as sharp as sharks smelling blood." Davis laughed, "But I didn't expect to get such a big harvest."

Qin Shaoyan nodded, "It's good to have some gains. Everyone's work has not been in vain. Remember to pack up my share."

"Don't worry, we have a professional team." Davis laughed.

After Qin Shaoyan put down the phone, he said with emotion: "Even if Juren Network has not gone bankrupt, it has suffered heavy losses."

Zhang Pingyi shook his head. "They have suffered such a great loss, will they vent their anger on you?"

"What does it have to do with me?" Qin Shaoyan said righteously, "From a certain perspective, I am also a victim!"

"I was the one who arranged this cooperation. I am also the honorary vice president of Facebook. What they are doing is destroying the reputation of Facebook and smearing me!"

"I'm lucky I didn't settle with them!"

Zhang Pingyi nodded. Qin Shaoyan didn't actually do anything except arranging people to short sell.

Who can be blamed for this?
Blame it on their own greed, otherwise it wouldn't have come to this.

Zhang Pingyi thought for a moment, "They won't let Chen Yuanzong go, right? He's the one behind all this."

"That's for sure." Qin Shaoyan thought for a moment, "I think Chen Yuanzong must have hidden himself."

"Where can he hide? The Juren Network will definitely use formal channels to report him to the police." Zhang Pingyi frowned, "He must have fled overseas."

"No, he must be hiding in the country." Qin Shaoyan said, "If he runs overseas, I'm afraid his life will be in danger."

"What happens to him has nothing to do with us. It's his own fault."

"Let's focus on our own business." Qin Shaoyan said solemnly, "The Olympics are only a few months away, we have to promote them well."

Before Qin Shaoyan could say anything, the door of the president's office was pushed open.

Secretary Xiao Chen poked his head in and said, "Boss Qin, Boss Liu from Jingdong Mall is here and wants to see you for something urgent."

"Hey, Brother Dong is here, please come in." Qin Shaoyan made a gesture.

Soon Liu Qiangdong walked into the office with a chill, and there were snowflakes on his shoulders and hair, looking exhausted.

"What happened?" Qin Shaoyan was a little surprised.

“It’s snowing in the south.”

(End of this chapter)