In early November, the Science and Technology Complex.

The original housekeeping employees have now replaced a group of new people. The new housekeeping employees hired by the housekeeper are all good-looking. Studies have shown that watching beautiful women for a long time can help prolong men's lifespan, which is a cold knowledge.

After all, if you are upset, you will feel bad. A poor mood will affect your mood and will not help your physical and mental health. There is still some truth to it.

At this moment, Luo Sheng and An Qingxue were in the big living room. Now An Qingxue is taken care of by a private nurse, and she has already put down her work and has been at home to take care of her baby.

Qingxue Meizi looked at Luo Sheng peeling his apples with happiness. She has been with him for so many years, and has been serving him for so many years for so long. After all, she is a creature with emotions. It is still possible to have a relationship over time. Now, with her pregnancy, even if she loves the house and the black man, she feels the tenderness and care that Luo Sheng has never had to her before.

The world is so wonderful. An Qingxue didn't expect that one day she could have the ability to play with Luo Sheng and get angry. Although she has never played with her temper, has a high emotional intelligence, this is a manifestation of power.

Sometimes I can't even get rid of things I never thought about.

Just then, the housekeeper came to report: "Mr. Luo, Boss Jia came here in person, he wanted to meet you."

Upon hearing this, Luo Sheng cut a slice of the peeled apple for Qingxue girl, turned his head to look at the butler: "Boss Jia? Which Boss Jia?"

Butler: "The Founder of Less."

Less?

Luo Sheng immediately understood when he heard this. The technology authorization distribution some time ago, Less mobile phone did not obtain any authorized technology from the Costa ção, including Crazy, which was tantamount to announcing it early. Less was obviously anxious.

"So it's him..." Luo Sheng looked suddenly, and then replied without hesitation: "I'll say I'm not here."

"clear."

An Qingxue watched the butler leave, withdrew her gaze and turned to Luo Sheng, and said in confusion: "Is it a bit inappropriate for everyone to come here in person? After all, Mr. Jia is also a famous big shot in the technology circle and is now a popular figure. Many people buy the story of Les Ecology he told."

Luo Sheng continued to peel the apple and said calmly: "But I don't buy it. Boss Jia's story is almost impossible to tell. What a hot thing? It's so hot that it's going to explode."

Especially last year's Less was at its peak, and the most famous one was Less. In the situation where Blue Star Video dominates the streaming video field, Lesss can still make a fortune.

The key is that the story of Boss Jia makes the VCs very moved. The Les Ecosystem he has been promoting, namely: platform + content + hardware + software + application. After listening to his story, VC buys it and believes that Boss Jia is the next Luo Sheng.

The story of Les Ecosystem tries to form an ecological closed loop from portal website to hardware and then to applications. That is to say, users buy Les’ mobile phones, TVs and other terminal products, and then use Les’ applications to watch Les’ videos, all of which are included.

We also need to build a car!

Look at this route, isn’t it just the story Luo Sheng told and what he is doing now? VC looks at Luo Sheng’s commercial technology empire with the pearls and jades in front of him, and Boss Jia’s ability to deceive, how can you not buy it?

Boss Jia is also a story king who is not inferior to Luo Sheng at all, and even more so. After VC was greeted by his bold words, the money was thrown to him without hesitation.

But Boss Jia was too determined and he wanted to take everything. Even if Luo Sheng wanted to build a closed-loop ecosystem, he never thought that he would take everything alone. If he should bring friends together, he would still have to bring them in and play together.

All included? It’s okay if it fails, but if it really works, the a4 file will come.

Perhaps it is precisely because of his big heart that VC thinks that Boss Jia may be even more limitless in the future, and the market voices are applauding.

Some investors say that Les will be very good in the future and may become another domestic Internet ecosystem. The current losses are just paving the way for the future market.

And it also moved out of Luo Sheng's business period. Didn't Blue Star Technology have been making huge losses in the early stage? It seems to make sense. It was simply carved out from the same model as Blue Star Technology.

However, Boss Jia has a fatal weakness, and there is no strong cash cow. Blue Star Technology's loss was because it did not want to make money. Later, it was proved that once the profit plan was launched, advertising revenue became Blue Star Technology's leading cash cow. Until now, Blue Star Technology's advertising business is still the core source of income.

Except for the video website, all other projects currently suffer losses, and they are huge losses.

The most important thing is that Les.com cannot afford the task of cash cows at all, and large companies can do whatever they want, which one does not have its own cash cow business?

Boss Jia ran over this time and begged Luo Sheng. If Les mobile phone is out, it will be closed-loop P and closed-loop, so how can you not be in a hurry?

An Qingxue said thoughtfully: "It won't be that the explosion will be."

Luo Sheng: "Haha, every Les business does not have the industry-leading level. If you lose money, you will only turn into a pile of bigger garbage. Who in the market doesn't even understand such a simple truth? Of course, they understand that they are just blinded by greed. Doing a few ppts and building momentum can create the rise of a brand new business empire? Then I have been playing a game for more than ten years."

After saying that, Luo Sheng took out a tissue and wiped his hands. After accompanying Qingxue Meizi, he went to the office to work.

The first thing I did when I came to the private office was to ask Xiaona to draft an email in his name to Hengxin International Investment Bank, let it do the latest asset appraisal of Less Company and then release the latest credit rating.

He decided to detonate this thunder himself.

...

Two days later, on November 4, Hengxin International Investment Bank announced that it was bearish on Les and downgraded its credit rating to cc, and the possibility of default is high.

To put it bluntly, it will be insolvent.

And a detailed list of reasons for downgrading its rating.

First of all, Less' core asset Less Video, which is the most competitive in its business structure, but it is not the leader in the field of streaming video websites. Bluestar Video's dominance in this field is almost unshakable. Even Bluestar Technology's investment in the newly emerging Bilibili video network has more potential than Less. Less has no technical barriers and a solid moat, and may collapse at any time.

The second is the mobile phone business, which is at most among the top five mobile phone brands in China, not to mention its core technical competitiveness. This time, it has not earned a position on the table of technical authorization distribution on the Costa 1st Costa 1, so it can be announced to be eliminated early.

The third is TV, just like the mobile phone business, and the business is not satisfactory.

The fourth is automobiles. Less has been trying to build a car by poaching a few people from a large enterprise and setting up a car company. He wanted to copy the miracle of the Blue Pure Electric Automobile Company? He saw the glory of the Blue Pure Electric Automobile Company with a market value of more than 8 trillion yuan, but he didn't look at the huge amount of technology investment in the Costa delle behind it for so many years.

Less, who does not have core technology, relies entirely on capital operation and momentum to expand its territory, is a rootless duckweed and a castle in the air.

Hengxin International Investment Bank also emphasized that when the stock market was at its peak last year, the Les Ecological concept was flying all over the sky, and the stock price was at its peak. It rose nearly 8 times at its peak. At this time, the founder Mr. Jia chose to cash out wildly. In more than a year, he cashed out tens of billions, and then used equity pledge to get another 30 billion, totaling 40 billion.

I said I used it to build a car, not to mention whether the money is enough for the car to build a car, but I did not disclose the account details. After working on it for so long, I didn’t see the shadow of the car, and the supplier’s debts were a lot.

The information disclosed by Hengxin International Investment Bank can be said to have hit Les' pain points every word.

...

Just when Star International Investment Bank downgraded Less' credit rating and gave it an extremely poor rating. Before it was announced, Boss Jia saw that Luo Sheng was fruitless and left the country that night and took a flight to the United States.

Well, it officially kicks off the return to China next week!

Poor small and medium-sized investors and Xiaosan are still kept in the dark.

As soon as the credit rating of Hengxin International Investment Bank was released, the industry was shocked. Less executives immediately came out to refute the extremely unreasonable credit rating of Hiib Investment Bank. They even described Luo Sheng as a dragon and Less as a dragon-slaying warrior. This is the foundation of Luo Sheng's seeing that Less Ecology will threaten his business territory, thus suppressing Less Ecology, which indirectly proves the future potential of Less Ecology.

Logical genius.

However, at this critical moment, Boss Jia was exposed to appearing in North America, and the news that Boss Jia had run away was also spreading online. In response, the senior executives of Les Company quickly came out to defy the rumors, saying that Boss Jia was going to the United States to seek financing.

On December 6, Boss Jia, who just arrived in the United States, also issued a letter to all employees, saying that the company's development pace was too fast, and the supply chain pressure has increased sharply in recent months. Coupled with the funding problems that have been consistent with development, the supply is tight, which has had a huge impact on the development of the mobile phone business. He is currently actively seeking financing in North America.

However, it cannot satisfy the outside world, because the fact that he cashed out at a high position has already made people unhappy.

Immediately afterwards, there were more and more negative news about Less. After the latest financial report was disclosed, the performance was huge, and it showed that the financial director and financial executives were frequently changed.

Because it is a listed company, executive transfers will be disclosed.

But before the disclosure, these executives had already left, and small and medium-sized investors and small sects from the outside world were late.

The so-called spring river water is warm and duck prophet. A company often runs out in advance before something happens to an accident, but it will not tell the public.

Now that the financial report is disclosed, it can't be hidden.

Then there was a negative news about the supplier's debt collection. In less than a week, Les' negative news was flooded with the screen.

This year, "Juezhi" invested by Les Films lost both its reputation and box office during the National Day holiday, with a cumulative box office of only 330 million yuan, which further put Les Films, which made huge performance commitments under greater pressure.

Other well-informed bigwigs already knew that before Less Company suffered a downgrade in Hiib credit rating, Boss Jia ran to Luo Sheng's residential area to visit, but the figure was shot out before he could see it, without giving him any face.

This shocked the big guys in the industry. Luo Sheng's move was completely different from his previous attitude towards Xia Wei's glory. He thought he was a kind person and well versed in the world. He didn't expect to do the most unreasonable thing. No matter what, Boss Jia is also one of the star-level big guys in the domestic technology circle, so he wouldn't be like this.

But Luo Sheng did this, which was a strong signal. How fast did these bigwigs who have been in the business world for decades turn their minds? Luo Sheng's actions were equivalent to indirectly indicating that Boss Jia had no chance to turn around.

On November 9, Les' stock price crashed, opened low and closed low, and plunged directly in the afternoon, closing at 40.51 yuan, plunging 7.94% without warning. To everyone's surprise, if calculated based on the closing price of the company's stock that day, the company's market value has evaporated by 6.7 billion yuan in one trading day.

This is just the beginning.

Now, all investors know that Les' story can't be told anymore, so run away quickly.

Twenty days ago, Less also created the most expensive press conference at the San Francisco Art Museum in North America. Mainstream media such as Wall Street Journal, Forbes, Fortune, and Bet participated in the event, and Boss Jia was also in full swing.

In a blink of an eye, his company broke out in less than a month.
Chapter completed!