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Luo Yonghao said: Because of burning investors' money, he did not have the courage to make mobile phones again

Recently, in response to a question from netizens about whether they have the courage to do a mobile phone again, Luo Yonghao replied on Weibo: "Because I want to burn investors' money, so I really don't have the courage." It is worth noting that Luo Yonghao also said: "If you don't consider the financial returns and the reactions of the mediocre, I will make you a mobile phone that touches the soul and swings back to the intestines." ”

Luo Yonghao said: Because of burning investors' money, he did not have the courage to make mobile phones again

It is worth noting that "China Entrepreneur" quoted a friend insider as saying that Luo Yonghao will completely pay off the debt as early as next month, when he will leave to make a friend and return to the technology industry, "the direction of the march is related to VR, still To C."

Luo Yonghao said: Because of burning investors' money, he did not have the courage to make mobile phones again

It is understood that in May 2012, Luo Yonghao founded Hammer Technology. On May 20, 2014, the Hammer mobile phone was officially released as the Smartisan T1. However, due to problems in follow-up decisions, Hammer Mobile was in debt trouble, and Luo Yonghao was also saddled with huge debts. Forced to enter the e-commerce live broadcast track in 2020.

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