When you think that the plot of using your own official WeChat account to report your own boss’ “run away” will only appear in the movie, it has been quietly staged in our real life. Recently, Yunniao Technology, favored by well-known unicorns and star capital, staged such a shocking scene. “This time, Yunniao really flew (running), and Yunniao CEO Han Yi said that he had no money and was about to go bankrupt and liquidated. After a few months of suffering, the editor did not receive a single salary, and it suffered from the day and night of the driver and his colleagues. Hard work! Everyone, go and sue Han Yi! See you on Monday!”
If you don’t see it with your own eyes, it’s really hard to believe that your official WeChat account will post a message calling on the entire network to pursue your boss’s information.
Subsequently, many employees known as Yunniao Technology madly broke the CEO’s various debt-repudiation behaviors on the Internet, and the news soon appeared on hot searches and was successively reposted by many authoritative media. On November 1, the operating entity of Yunniao Technology issued an announcement stating, “The company is currently exhausted with its cash flow and can only be forced to make the most helpless choice and decide to file for bankruptcy.”
However, Han Yi, the protagonist of the start-up company’s thunderstorm, was missing and his whereabouts became a mystery.
Who is Han Yi?
Anyone who knows the venture capital circle and the logistics industry should have heard of Han Yi. This person has many auras: “70 Chinese logistics private entrepreneurs in the 70 years of New China”, “the most resilient serial entrepreneur in China”, “the future star of the logistics industry”…
For a long time, Han Yi has been advertised as a “great entrepreneur.”
It is said that entrepreneurship is “nine deaths and life”, but he has been “successful” continuously. He is not only the founder of Molong International, Weiboyi, and Yunniao Technology. According to Tianyancha APP, he also directly or indirectly holds equity in more than 40 companies. .
In the eyes of some media, Han Yi’s wisdom and abilities are “extraordinarily outstanding”-he was originally just a logistics “layman”, but he was able to transform this “silly, big, black” traditional industry into a “sexy” and intelligent high-tech. industry.
Looking at this evaluation, a “layman” can actually play a high-tech traditional industry. The author guessed that Han Yi’s wisdom must surpass Ma Yun and Wang Xing. In addition, Han Yi’s abilities are also very strong, including hiring and financing blood transfusions. In terms of employing people, with insightful eyes and evidence, an elite team can be formed soon. Financing, like a fish in water, won the favor of celebrity capital.
Relevant information shows that Han Yi founded Yunniao Technology, an Internet company “same city supply chain distribution” in 2014, and has successively obtained four rounds of financing. Investors include the famous Sequoia China, Jingwei China, Jinshajiang Venture Capital, and Warburg Pincus. In just a few years, the company has grown into a unicorn with a valuation of 7 billion yuan, and its business covers intra-city distribution, truck rental, and shared logistics.
You must know that it is not easy to get the money of Shen Nanpeng, Zhang Ying, and Zhu Xiaohu at the same time. It is impossible to do without superb wisdom and ability. No wonder someone shouts “Yunniao Technology is the 58 city in the supply chain.” Isn’t Han Yi the “next Yao Jinbo”?
Although Boss Yao has a difficult time now, he certainly doesn’t want to be Han Yi. No matter how they say it, they are also people who have gone to Wuzhen to participate in the big boss dinner. They once competed on the same stage with Wang Xing, Zhang Yiming, Lei Jun and others.
As the old saying goes, “The higher you hold, the harder you fall, and the wise will save the truth.” If it weren’t for the employees who finally couldn’t sit still and exposed their shortcomings, who would have known that Yunniao Technology, which had four rounds of financing, would not survive, and the “great entrepreneur” Han Yi would be missing.
Why is the unicorn valued at 7 billion yuan thundering?
In the eyes of a former employee of Yunniao Technology, the boss is completely “self-determined.”
“In the early days of the company’s establishment, it developed well and received financing. However, the rise of the concept of sharing economy made the boss completely unable to sit still. At that time shared bicycles were hot, and the boss felt that the opportunity was coming. Ofo has launched a nationwide cooperation, but people are not as good as the sky. The sharing economy is a pseudo-demand. The small yellow car and the thunderstorm have caused Yunniao to stumble.”
“The little yellow car is a big pit. They owed us huge sums of money, which caused the company to shift from expansion to contraction. So you will find that the external reports about Yunniao have decreased a lot after the downfall of the little yellow car.”
“It stands to reason that the boss should learn from the failure, but he believes that it is not the pot of the sharing economy, but that there is a problem with the shared bicycle business model. They don’t understand the sharing economy at all.” According to the statements of former employees, Han Yi’s paranoia about the word “sharing” is almost crazy, “I hit the south wall and don’t want to look back.”
In 2019, Han Yi launched a new concept “Indus Plan” to put a vest on the sharing economy. At that time, capital had already sneered at the sharing economy, so it can be seen from the data that in 2018, 2019, 2020, and 2021, Yunniao Technology did not continue to receive any financing. Since 2019, the company’s business has been deteriorating. .
The company’s 4 rounds of financing have long been consumed by Han Yi’s dedication to “sharing”. Yunniao Technology can only control operating costs through continuous downsizing and layoffs, and gaining a sense of presence in the venture capital market, but Han Yi did not wake up in a dream.
He is still in front of the media boldly thinking about his unreachable shared future.
Han Yi believes that as long as his model can be successful, it will certainly subvert the traditional logistics industry. Dreams need money to support, and this is also one of the main problems of this thunderstorm. Han Yi couldn’t raise funds himself, so he thought about raising money and drawing cakes through employees.
If the money is really to raise money to start a business, the author will definitely admire the entrepreneur and his employees.
But judging from multiple reports, this may not be the case. According to media reports, a middle-level manager of Yunniao Technology said that according to his estimation, the company owes almost more than 100 million yuan.
A lawyer from a law firm told the author, “If Yunniao Technology or the actual controller of the company launches wealth management products without the approval of relevant departments and does not intend to repay the principal and interest when raising funds, they may be suspected of fund-raising fraud.” It is worth a visit. It is mentioned that after the company declared bankruptcy, some employees tried to withdraw cash and found that they could not withdraw the money at all.
This morning, many employees called Yunniao Technology posted on social platforms saying that Han Yi was missing and his whereabouts were a mystery. They hope to find Han Yi as soon as possible so that he can pay off the debt. Finding Han Yi is becoming the wish of everyone at present.
Written at the end:
I remember the author once talked with an investor, and he told me, what kind of entrepreneur is the most terrifying? That is, the ability, the resources, and the logic are very clear, but the entrepreneurs who are determined to go their own way are the most terrible.
Because once the entrepreneur goes wrong, it’s not a matter of losing a few financing funds. The time, energy, and manpower involved in it is not something that you can get back if you want to get it back, so Xu Xiaoping just spit out the sentence, “No. Partners’ start-up companies cannot be invested.”