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Chapter 240 bitter mouth

Yi Ruoshui is telling the truth. Although SSA is in its prime now, the daily fee for a senior consultant in China is US$1,200, and the daily fee for an ordinary application consultant is US$800, but now the development of SSA company is in super trouble.

In 1991, Rogerwei left the company for the first time to study for a master's degree in Chinese art history at the University of Chicago. Although it had something to do with the exclusion of the board of directors, he was originally planning to concentrate on academic research and put down the company's business. However, when the company developed, he encountered a series of difficult problems. The board of directors had to invite Rogerwei back. Although Rogerwei was determined to focus on academics, he had to return to SSA to serve as a CEO. At that time, Rogerwei stated that he had only been a CEO for two years. When the situation stabilized, he would return to the academic community and not interfere in the company's affairs.

But now, these problems of the company have not been completely solved, but have encountered more and more troubles. In other words, SSA has encountered the tide of the times and is powerless to resist. The most symbolic event in China is to lose the super big order of Super Want Computer.

SSA is a company specializing in ERP business, which is the ERP (enterprise resource management) that "if you don't go to ERP, you want to die, you want to die" ERP. In 1981, when Roger Wei founded SSA, only ib's minicomputers and mainframes were able to run such heavyweight programs, so the programs written by Roger Wei could naturally only run on ib's minicomputers.

However, the performance of PC machines is now higher than that of early mainframes. In the eyes of users, ib's mainframe and mainframe have long become dinosaurs of ancient times. The purchase and operation cost is too high. Customers vote with their feet to naturally choose various Unix platforms and even NT platforms. However, SSA's erp program is still running on a small machine like 00, which is extremely priced at 00, which is completely unbearable to ordinary users. It is completely behind the times. It is very difficult to develop new users. Even the original old users have begun to transfer the platform.

In this case, SSA spent $2.5 billion to migrate programs from small machines to various general Unix platforms or even NTs. This is the famous BPCS system. However, no matter the various T and IB mini machines are completely different platforms, the transplanted programs are very unstable. Rogerwei has been in a hurry to deal with stability issues in recent years.

Just at the end of this year, the board of directors of SSA, despite Roger Wei's opposition, forced the epic failed product BPCS6001. The reason why "bPCS6001" is an epic failed product is because this product not only ruined the present and future of the entire SSA company, but also forced the founder of Roger Wei to sell all his shares and leave SSA company.

The company's global sales have reached US$400 million, and its revenue in each fiscal quarter is around US$100 million or even reaching a peak of US$1.2 billion. In 1997, global sales increased to US$4.3 billion. However, the annual fiscal year after the collapse and restructuring was only US$10.4 billion. It was not until the fiscal year 2003 that it recovered to US$28.7 billion through mergers and acquisitions, which is still far below the level in 1996.

One of the most typical examples can even be used to illustrate the terrible impact of bpcs6001. The company's stock reached its peak of $120 per share. In 1997, the stock still maintained a high of $60. When the company's stock did not split, it was mostly only $01, and even fell to a low of $006, which was only one-two thousandth of the stock price in 1996.

The reason why it fell from $120 per share to 6 cents per share is entirely a negative impact of the upgrade of BPCS6001 this time. If SSA now calls itself "we are a small software company" just a self-worth, but after the release of BPCS6001, SSA is a perfect small software company worldwide.

But Roger Wei didn't know what kind of big troubles will be next. He assured Yi Ruoshui, "What's the trouble? Our company has venture capital business. If we had quarterly losses last year, our profitability this year is very good. We also received more than 100 million US dollars in the financial market to invest. Moreover, Star Internet is a company worth investing in. Many people say Star Internet will become China's Yahoo. I think even if it can't become China's Yahoo, it can only become China's Netscape. I definitely not invest based on personal feelings!"

Just talking about the company's venture capital business, Roger Wei also felt a little headache. SSA did recently obtain $13.7 billion in financing in the financial market, but the price was that it lost two board seats, which also made him completely lose control of the board. The board has repeatedly reiterated that it must launch BPCS6001 in 1997, otherwise they would be ready to reorganize the management.

Xu Jingyi and Jiang Yulian next to him were obviously not as complicated as Yi Ruoshui's thoughts. Xu Jingyi had already spoken to welcome Roger Wei's investment. "I think Mr. Roger Wei's decision will not go wrong, just as it was as correct as you returned to the university campus in 1981. And you will gain two powerful partners, Wangshan Computer and Starry Sky Computer. We will have an absolute advantage in the Jiangdong market."

Although Xu Jingyi has sold a lot of computer equipment in the past two years, she is still just a software and hardware dealer as a whole. The profit of selling a computer is only 10 or 20 points. Sometimes she has to compete for price wars and cannot enter the real high-end market.

The ERP field of SSA is the real high-end market. It can even be said that it is as high-end as it can't be more high-end. It is the crown of the information industry. Xu Jingyi's profit from selling ten computers may not be as profit as SSA's randomly sends an application consultant to provide one-day consulting services. Such a high-end market, Starry Sky Computer and Wangshan Computer were invisible in the past. However, after Starry Sky Internet accepted the investment from SSA, both parties were strategic partners. At least the ERP market on the ground of Xingzhou, Starry Sky Computer had the final say, and the two parties could even expand strategic cooperation to the entire Jiangdong Province.

If this business is taken down, it will be at least nearly 10 million US dollars in a year, and the profits of this business are particularly generous. Xu Jingyi estimates that the part she handles will have at least 30% of the profits, and Jiang Yulian also has the same idea. "We in Sanjiang Province have always lacked strong ERP manufacturers. I think our strengthening of cooperation is almost perfect complementary, and with the assistance of SSA, Starry Internet can enter the Nasdaq market in the shortest time!"

Jiang Yulian really thinks that accepting investment from SSA is the most perfect solution. Compared with other foreign bosses who are fat and full of foreign words, who don’t understand the Chinese market at all, Roger Wei is a fan of Chinese culture who loves China very much and understands China. Jiang Yulian and Xu Jingyi are willing to cooperate with such Roger Wei and SSA from the bottom of their hearts.

Moreover, SSA entered China in the last year of the 1980s. After entering China, it has been deeply engaged in the Chinese market and has not withdrawn. It is precisely based on this history and Roger Wei's personal interests that SSA has an unparalleled advantage in government public relations. Some time ago, Roger Wei was also received separately. Accepting SSA's investment in Starry Internet is equivalent to having an unbeaten golden body. SSA's strategic investment can also allow them to gain an advantage in the Southeast market to obtain large orders of tens of millions of dollars.

Roger Wei also felt that the collaboration between Starry Sky Internet and SSA was the most perfect combination. "Yi Ruoshui, you really don't have to worry about valuation. I believe that even if you can't become Yahoo in China, you can become a Netscape of China. I will definitely give a reasonable valuation, and only require one board seat!"

Rogerwei's attitude made Yi Ruoshui determined, "Thank you, Mr. Rogerwei, but I have figured it out. I don't want to bother Mr. Rogerwei too much in this matter, because I think you are my friend, and I can understand the difficulties you are facing now. It is already very difficult for you to take into account both academic and SSA companies. I can no longer let the trivial problems of Starry Sky Internet both trouble you. Mr. Rogerwei, please recommend one or two foreign companies that are interested in our Starry Sky Internet. I am confident to talk about it!"

Yi Ruoshui puts himself in his shoes and considers Rogerwei. Although other foreign companies will definitely not be as easy as Rogerwei, and his valuation will be greatly affected, he really feels that it cannot be too troublesome to Rogerwei. Now, Rogerwei not only has to be distracted from academics but also has to fight with the board of directors when dealing with company affairs, and can no longer be distracted and taken into account Starry Internet.

But Roger Wei is the standard American. The more Yi Ruoshui said he was unwilling to accept SSA's investment, he must Yi Ruoshui accept his kindness. "Manager Yi Ruoshui, you are too polite and not friends enough. Do you know, how much US dollars I invested in the Tang Research Fund? For me, this is just a small investment. I don't have to be distracted at all, until your Starry Sky Internet becomes a real big tree. I can pick fruitful fruits."

Yi Ruoshui knew that Roger Wei really loved Chinese culture. When he established the Tang Research Fund in 1991, he invested millions of dollars in it and was investing additionally. When he found Professor Rong to host the annual issue of "Tang Research", Professor Rong directly asked for a fund that was far enough for twenty years later, but Roger Wei agreed without thinking. Therefore, a venture capital of several million US dollars is indeed not a big adventure for Roger Wei.

Yi Ruoshui thought about it carefully and decided to reject Luo Jiewei's kindness. "Mr. Rogerwei, I always feel that it is difficult to focus on one thing. You may not know. I have promised one of my teachers that the paper on Tiansheng Ling is my last long history paper. In three to five years, I must focus on the company affairs of Starry Internet. I cannot be too distracted. I think the problems you encounter are the same as mine. SSA is a consulting company on the surface, but it is actually a software company. I think you should temporarily focus on software development!"

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