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With 40 billion debts on the top, Wang Sicong finally bowed his head to life

author:Shuai Zhen Finance

I never dreamed that Wang Sicong, who has been focusing on changing girlfriends for 20 years, will one day enter the "establishment".

Let's take a look at this photo:

With 40 billion debts on the top, Wang Sicong finally bowed his head to life

In front of the leader, Wang Sicong put away his usual state of being a child, and listened to the leader's speech with a serious face.

With 40 billion debts on the top, Wang Sicong finally bowed his head to life

Everyone is wearing formal clothes, only Wang Sicong is wearing casual clothes, which may be his last stubbornness - proving that he is still the open-mouthed and free teenager.

Sicong is still the same Sicong, but Wanda is not the original Wanda. Since Wuhu Da Sima was jokingly called "Han Hall" by fans, our Wang Sicong is also going to become a "king".

With 40 billion debts on the top, Wang Sicong finally bowed his head to life

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

The operation of commercial real estate like this should have been his father's strength. When Wanda transformed, Wang Jianlin made it very clear: after the reorganization, Wanda will stop the development of commercial plazas, make every effort to do a good job in the operation of the plaza, and transform into a commercial management company.

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

Why did Wang Sicong, who had been wandering outside for more than ten years, suddenly change his mind and pay attention to the family business?

There are two reasons for personal analysis:

With 40 billion debts on the top, Wang Sicong finally bowed his head to life

The first is that Wanda has a debt of 40 billion due at the end of the year, which is almost December, and the money has not been scraped together, and Wanda is very dangerous. The 70-year-old Wang Jianlin was a little overwhelmed and needed to concentrate on dealing with the debt problem, so he handed over some daily work to Wang Sicong.

The second is since he returned to China in 2009, a full 14 years, Lao Wang has no hope for Xiao Wang's personal entrepreneurship, let him honestly come back to inherit the family business, the "rich second generation" is the "rich second generation", don't pretend to be the "second generation".

Looking back on Wang Sicong's 14-year entrepreneurial history, it can only be described as opening high and walking low.

Wang Jianlin gave Wang Sicong a start-up capital of 500 million yuan with a wave of his hand and established an investment company called Pulse Capital.

Wang Jianlin, who was still the richest man at the time, doted on this only son very much, and said: It doesn't matter if the 500 million is lost, he will give another 500 million, if he loses again, Wang Sicong will obediently return to Wanda to inherit the family business.

With 40 billion debts on the top, Wang Sicong finally bowed his head to life

Did you hear that?! The richest man is so arrogant when he speaks, and the loss of 1 billion yuan is such a big thing, and it is the same as saying a joke in his mouth.

99.9% of people in China can't earn money in a lifetime, which is just the starting line of Wang Sicong.

Although Wang Sicong is attentive, he is not stupid. After taking his father's 500 million, he did not squander it, but sat up and used the name of "the richest man's son" to attract other rich second generations to follow. It is said that a group of rich second generations include Wahaha's daughter Zong Fuli and He Youjun, the son of the gambling king.

Wang Sicong didn't do anything, and he rolled the funds to more than a billion yuan based on his reputation alone, just like the leader of the "rich second-generation alliance".

When the online live broadcast became popular in 2014, Wang Sicong, who had been dormant for a long time, finally made a move, ran into the market with funds, and successively invested in two projects: Panda Live and Banana Project.

Let's talk about Panda Live first. Before Wang Sicong joined, Panda Live was mediocre, just a very ordinary one among thousands of live broadcast platforms.

With 40 billion debts on the top, Wang Sicong finally bowed his head to life

After Wang Sicong joined, he immediately used his connections in e-sports and the entertainment industry to bring many first-line celebrities to Panda Live.

Such as Anglebaby, Lin Gengxin, Lin Junjie, Chen He, Wang Baoqiang, etc., have given their first live broadcast to Wang Sicong. Anglebaby's live broadcast room alone attracted more than 5 million viewers.

Professional players in the e-sports circle, such as PDD, Ruofeng, SKY, Prisoner, Ash, etc., have also settled in Panda, and the popularity of their live broadcast rooms is more than one million.

Panda Live quickly stood out from many platforms and became the top player. These are inseparable from Wang Sicong's efforts, for the panda live broadcast, Wang Sicong can be said to be dedicated and has a clear conscience.

As for why Panda Live collapsed later, according to the famous anchor Xiaozhi, it was because the opponent was too bottomless.

At that time, the loss of Panda Live was very serious and needed financing to maintain, but the 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, resulting in financing failure. The panda, which ran out of ammunition, quickly collapsed.

With 40 billion debts on the top, Wang Sicong finally bowed his head to life

On the other hand, the opponent Douyu, in order to make money, they even dare to do online casinos, let alone financing and diluting shares.

The panda was defeated by Wang Sicong's face and bottom line, which led to the inferior currency of the platform with no bottom line to drive out the good money.

The second project invested by Wang Sicong, "Banana Project", is essentially an entertainment company, mainly engaged in the business of cultivating girl groups and hosting activities.

The "Hello Goddess" audition contest was held, and Wang Sicong personally served as a judge and decided that the girl would stay. The girls he selected were all white-skinned and beautiful with long legs, and some fans even suspected that Wang Sicong was "choosing a concubine".

Later, these girls formed several girl groups and cultivated them in the model of Korean groups, but they were not well-known and soon disbanded.

The main source of funding for the Banana Project is to host Tencent's League of Legends events. In the first year of cooperation, the two sides were intimate, and Wang Sicong made cameo appearances as players, commentators, and coaches to build momentum for League of Legends.

When the contract was renewed in the second year, I couldn't figure out whether Tencent's price was too low or Principal Wang's asking price was too high, anyway, the two sides broke up.

Without Tencent's financial support, the banana plan soon fell ill.

Now, Wang Sicong has lost all the money given by his father, and Wanda is also facing a debt of 40 billion, and the 70-year-old Wang Jianlin is really powerless. Fighting brothers, going into battle as father and son soldiers, the only way to let Wang Sicong come back to share some pressure on the family at a critical moment.

With 40 billion debts on the top, Wang Sicong finally bowed his head to life

After so many years, Wang Sicong should play and play, should be chic, have no regrets about his youth, should be retracted, become mature, and take on Wanda's debts and family responsibilities.

You can't let Lao Wang work until he is 80 years old, Xiao Wang is still in love with female Internet celebrities, right?

Author: Jiang Zuo Youan

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