40 billion debts are overwhelming, even Wang Sicong bows his head to life

Mondo Entertainment Updated on 2024-01-19

Let's take a look at this **: What is unexpected is that Wang Sicong, who was bent on changing his girlfriend, actually entered one day"Preparation"。

In order to leave a good impression on the leader, Wang Sicong decisively put away the usual attitude of being a child, and listened to the leader's speech with a frown.

Everyone is wearing formal clothes, but Wang Sicong is dressed in casual clothes, which seems to be his last stubbornness, proving that he is still the arrogant and comfortable teenager.

Sicong is still Sicong, but Wanda is no longer the Wanda it once was. Since Wuhu Da Sima was jokingly called the "Han Hall" by fans, our Wang Sicong will also evolve into a "Wang Bureau"...

This time, the "Wang Bureau" came to Tai'an, Shandong Province to negotiate for a cultural tourism project. To put it simply, Tai'an City entrusted Wang Sicong to operate the Taishan Cultural Tourism and Fitness Center. The city has completed the construction of this fitness center, and the follow-up investment operation has been handed over to Wang Sicong to be responsible.

This kind of commercial real estate operation should have been his father's strong point. In the process of Wanda's transformation, Wang Jianlin has made it clear that the reorganized Wanda will stop the development of commercial plazas and focus on the operation of plazas to transform into a commercial management company.

Therefore, Wang Sicong took over the operation of Taishan Cultural Tourism and Fitness Center this time, obviously preparing for the inheritance of Wanda.

Why did you suddenly change your mind and refocus on the family business?

There can be two reasons for personal profiling:

First of all, there will be a 40 billion debt due at the end of this year, and the end of the year is less than a month away, but the funds have not yet been raised, which poses a huge risk for Wanda.

Wang Jianlin, 70, is already a little overwhelmed and needs to concentrate on dealing with this debt problem. Therefore, he decided to hand over part of the daily work to his son Wang Sicong.

In addition, 14 years have passed since Wang Sicong returned to China in 2009. Lao Wang has lost hope in Xiao Wang's personal entrepreneurship, and he hopes that his son can honestly come back to inherit the family business. He believes that Wang Sicong, as a rich second generation, should enjoy wealth with peace of mind, and no longer need to advertise himself as an entrepreneur.

When looking back on Wang Sicong's 14-year entrepreneurial journey, it can only be described as ups and downs. At the beginning, Wang Jianlin generously gave Wang Sicong 500 million yuan as start-up capital, and jointly established an investment company called Pulse Capital.

At that time, Wang Jianlin was still the richest man and doted on his only son very much. He even said that it doesn't matter if the 500 million is lost, he is willing to give Wang Sicong another 500 million. However, if he loses money again, then Wang Sicong must obediently return to Wanda and take over the family business.

See?The rich have always spoken so domineeringly, as if they were telling jokes, even if they lose 1 billion, it doesn't matter.

For most Chinese, money that cannot be earned in a lifetime is just pocket money in Wang Sicong.

Although Wang Sicong is a little distracted, he is not stupid. When he got the 500 million given by his father, he did not squander it, but used his identity as the "son of the richest man" to attract other rich second generations to follow suit and invest. It is said that this includes a group of rich second generations such as Wahaha's daughter Zong Fuli and He Youjun, the son of the gambling king.

Wang Sicong, a rather arrogant young man, seemed to have done nothing, but relying on his reputation alone, he effortlessly accumulated more than a billion funds, and suddenly with this money, he quietly began to show the demeanor of the leader of the "Rich Second Generation Alliance".

It was not until 2014 that the online live broadcast industry rose rapidly, and Wang Sicong, who had been dormant for a long time, finally saw the opportunity, held a huge amount of funds in reserve, and finally strode into this field, and invested in two projects, Panda Live and Banana Project.

Let's talk about Panda Live first. Before Wang Sicong intervened, Panda Live was just one of thousands of ordinary live broadcast platforms, which was inconspicuous.

As soon as Wang Sicong joined, he immediately made full use of his extensive connections in e-sports and the entertainment industry, and won the signing of many first-line celebrities. Anglebaby, Lin Gengxin, Lin Junjie, Chen He, Wang Baoqiang and many other celebrities have handed over their first live broadcast to Wang Sicong. Anglebaby's live broadcast room alone attracted more than 5 million onlookers.

Professional players in the e-sports circle, such as PDD, Ruofeng, Sky, Prisoner, Ash, etc., have also joined the panda live broadcast platform, and their live broadcast rooms have soared in popularity, all of which have more than one million fans.

Panda Live quickly emerged as a leader among many live streaming platforms. This brilliant achievement is essentially inseparable from Wang Sicong's unremitting efforts and dedication, and his dedication to Panda Live can be described as sincere and worthy of his heart.

Regarding the later decline of Panda Live, according to the famous anchor Xiaozhi, the reason is that its competitors have no bottom line.

At that time, Panda Live suffered serious losses and urgently needed financing to maintain its business, but financing would dilute the shares of the original shareholders, and Wang Sicong was unwilling to do anything sorry for the shareholders, and he was unwilling to dilute the shares and lead to financing failure. Panda Live, which could no longer gain support, soon collapsed.

In contrast, Douyu, which is opposed to Panda E-sports, really pursues monetary interests without scruples, and even gets involved in the field of ***, not to mention things like financing and diluting shares.

The failure of Panda lies in Wang Sicong's adherence to his reputation and bottom line, which allows a platform with no bottom line like Douyu to expel those good coins that abide by the law and rules.

The second project invested by Wang Sicong"Banana Project"In fact, it is an entertainment company that is mainly engaged in the business of girl group training and event planning.

once hosted the selection of "Hello Goddess", Wang Sicong personally served as a judge and decided whether the girls would stay or not. The girls he selected were all beautiful and moving, fair-skinned, and tall, so much so that some fans suspected that Wang Sicong was choosing the future queen.

However, these girls later formed several girl groups that adopted the training model of Korean groups, but did not achieve much reputation and disbanded in a short time.

The Banana Project relies heavily on hosting League of Legends tournaments held by Tencent to obtain funding. The early years of cooperation made the relationship between the two parties inseparable, and Wang Sicong participated in all aspects, playing the role of player, commentator and coach, creating a warm atmosphere for the League of Legends event.

However, in the second year of the contract renewal, the two sides broke up unhappily, because some people said that Tencent's price was too low, and some people said that Wang Sicong's price was too high, and no one knew the truth.

Once Tencent's financial support broke, the Banana Project quickly failed.

At present, Wang Sicong has already squandered the wealth given by his father, Wanda Group is also bearing huge debts, and 70-year-old Wang Jianlin is facing the dilemma of insufficient strength. The increasingly urgent situation can only allow Wang Sicong to return to the family and share the pressure for the family.

Fighting with brothers, going into battle with fathers and sons, at the critical moment, they can only rely on Wang Sicong to return to the family to alleviate the pressure of the crisis.

After so many years, Wang Sicong has enjoyed the absurdity and indulgence of his youth, he has no regrets in his youth, and now it is time to calm down and mature. As the heir of Wanda Group, he should take on the debt problem and shoulder the responsibilities of the family.

We can't let Lao Wang work until he is 80 years old, and Xiao Wang is still wasting his youth with female Internet celebrities, right?This is unfair to them, and it is not in line with reality and reason. Let Wang Sicong face the responsibility of the family business rationally, which is in line with the inevitability of his growth and struggle. Only in this way can he continue to cultivate and thrive on the road of life.

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