Reborn in 1991, helping dad become the richest man

On December 5th, another Xiongchen company started yelling at Tang Xionghua.

Xiongchen map.

In the past year, since taking over the GPS agency, Xiongchen has established this subsidiary.

Subsequently, software development and data collection work were also carried out.

One year down.

The money burned was not much, only more than 20 million RMB, which was directly transferred from Xiong Chen's account.

After all, before, it was just about making software, and then it was just a matter of buying a batch of cheap second-hand cars, installing filming equipment on them, and letting them do the work.

Because there are no users using it, the biggest cost-consuming parts of this type of software, processors and servers, are saved.

At present, it is certainly impossible to collect all the domestic map routes in the past year, but the national highways, provincial highways and expressway conditions in various places have basically been collected.

At this time, it is indeed feasible to launch a trial on the market, at least navigation can be used in towns and cities across the country.

However, if you want to go public and promote the product, you will have to expand the server and increase the number of staff in the company's maintenance and development teams.

Simply put, if you really want to launch a product for promotion, it will cost money, and a lot of money.

In the previous year, only more than 20 million was burned.

If it were to go public now, the 20 million yuan would probably only be enough to last for one month.

Moreover, this is the speed at which money is burned during the normal operation phase after listing.

In preparation for listing now, it is necessary to build a server base and expand the data center.

This investment requires at least 500 million yuan.

"Oh, I'm so worried. Look, your dad is at least the second richest man in the world, worth hundreds of billions of RMB, but now, I can't even come up with 500 million!"

At the old Tang family's house, around six o'clock in the evening, when the father and son were doing some simple exercises in the gym, Tang Xionghua was standing on the treadmill and walking slowly, while looking at Tang Yichen who was playing with the tensioner and complaining.

Hearing this, Tang Yichen looked at his father with a smile and said, "Dad, how about getting some back from Migu?"

"Okay!" Tang Xionghua nodded immediately.

In the rice stock market, 180 million rice funds have not been used after the sideways trend ended.

And now, after the sideways trading ended, three more Internet companies in which the Tang family held shares went bankrupt.

The funds lying in the account exceed 400 million RMB.

Unless something unexpected happens, this money will have to wait until the US stock market bubble is almost over before it can be put to good use.

However, recently, both the father and son of the old Tang family have been feeling very short of money, so naturally, they inevitably came up with this idea.

no way.

The rotorcraft company had already borrowed 100 million RMB, but it wasn't enough!

At most, after a few years, further capital injection will be required.

Yes, Tang Xionghua can continue to apply for bank loans, and the banks will welcome Tang Xionghua.

But as mentioned before, Tang Xionghua and his son really cannot properly be labeled as capitalists.

Of course, the main reason is these more than 400 million yuan of cash, which are now just sitting there gathering dust, but I still have to take out a loan for it. I always feel uncomfortable thinking about it.

Just take it back.

Anyway, the US stock market doesn’t need this money now.

In other words, this money can be used now, and after Huaxing goes public as planned next year, the money can be cashed out and injected back into the company.

Trees move to death, people move to live.

You can’t just not make adjustments because the plan has been set. It’s like a person needs to pee, but there is no toilet here. You just have to go ahead and then die of the urine holding!

The next day, Tang Xionghua took action.

However, it takes time to retrieve large amounts of funds across the ocean.

But there is no rush given this amount of time.

In short, if the 400 million MiGold is taken back, the financial crisis faced by Tang Yichen and his son can be solved immediately.

In fact, the overall environment is not good now.

Global capital is extremely wary of Internet companies. Even for Tang Xionghua's sake, if he really takes out Xiongchen Map to raise funds, the valuation will definitely be unsatisfactory.

Therefore, when this company was first established, Tang Xionghua and his son were thinking about raising more funds for the company and products in the future, but now they have to carry it all on their own.

After all, you may be short of money, but you can’t sell at a low price just because you are short of money.

Capital has only been wary of the Internet for the past two or three years. After the cold winter, the market will recover. The current investment will naturally be doubled back when financing and even listing in the future.

.........

It's winter again!

In late December, Chuzhou welcomed the first cold wave of the year.

Wearing a down jacket, Tang Yichen slowly packed up his things and stood up as the bell rang, amidst the sudden excitement of the entire school.

Walking out of the classroom, Tang Yichen trembled all over.

cold.

The temperature today is only three or four degrees at most.

Compared to the crowded classroom, when you walk out, the cold wind is howling outside.

Shrinking your neck is the minimum respect for this cold wave.

"Master, it's cold outside. There are hand warmers in the car!"

As soon as I got in the car, Qin Li in front turned around and spoke.

Tang Yichen smiled and shook his head: "No, there is air conditioning in the car, it will be ready in a while. Let's go home!"

It was a cold day, so after school, Tang Yichen didn't plan to run around and went straight home.

The car started moving after Tang Yichen's voice.

As usual, the car drove out of the intersection on the school side, and not long after, the one car turned into three cars driving a few hundred meters apart.

The only difference from yesterday is that today there is a Xiali in front and a Wuling in the back.

In order to maintain secrecy, Tang Yichen's bodyguards, except for the fixed car that picks up Tang Yichen, basically change the bodyguard cars in front and behind every day.

Of course, it is impossible to have so many different cars changing every day. These cars are rotated and are basically changed once a week.

Now, sitting in the car, Tang Yichen rubbed his hands a few times before finally picking up the hand warmer.

It's actually a hot water bottle.

The temperature was not high, but after Tang Yichen hugged her cold hands, they instantly warmed up.

Looking out the window, the cold wind was blowing and there were fewer people on the road.

Naturally, Tang Yichen would not feel strange about this.

Nonsense, it’s so cold, and the rice harvest has already ended. Who would want to go out and blow in the cold wind for no reason?

Heading west, Tang Yichen sat in the car. After the chill wore off, he leaned back in the seat, hugged his hand warmer, closed his eyes, and rested. He'd been driving this road for a few years, and there wasn't much to see.

But today is destined not to be an ordinary day.

The car was less than two kilometers into the city.

Suddenly, the bodyguard driving the car slammed on the brakes, and Tang Yichen instantly rushed forward.

"Master, get down!"

"Something's happening, protect the young master!"

The bodyguard in the driver's seat immediately stepped on the brakes and turned back to shout.

Qin Li, who was in the passenger seat, immediately lowered his head, took out his intercom and started shouting.