hot search! luo yonghao responded to "1 billion financing was spent in 1 year"... he said he couldn't control making friends and selling "iq tax" products
2024-09-10
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in fact, this is not the first time the two have quarreled with each other in public. the focus of their dispute is mainly on financial repayment and reputation issues.
luo yonghao has been on the hot search list recently, not because of his new products, but because of his war of words with investor zheng gang.
previously, zheng gang, partner of zihui venture capital and investor of smartisan technology, posted multiple updates on weibo, responding to recent public opinion controversies and blasting luo yonghao.
on september 9, luo yonghao published a long article titled "response and clarification on the seven unsolved mysteries of 'true return'" in response to zheng gang's article "zheng gang: response to luo yonghao's recent sophistry "bear article" (part 1)".
in response to investor zheng gang's question about the nearly 1 billion yuan of series d financing being spent within a year, luo yonghao said: "in smartisan's last series d round, there was no 1 billion yuan in financing. in the end, only 600 million yuan was received (300 million yuan in investment and 300 million yuan in loans). 400 million yuan of investment did not actually take place."
luo yonghao also said: "as an old shareholder of smartisan technology, zheng gang's fund has personally read and signed every round of financing agreement. now he is suddenly acting crazy and asking where the 1 billion yuan has gone? could it be that zheng gang's amnesia has reached the point where he needs to act like a hooligan, so he has relapsed on demand?"
regarding zheng gang's mention of luo yonghao "misusing startup funds" to rent a private jet to poach talents, luo yonghao said that the money for renting the plane was actually paid out of his own pocket and did not use company funds.
in fact, this is not the first time the two have quarreled with each other in public. the focus of their dispute is mainly on financial repayment and reputation issues.
previously, zheng gang said that he had invested in almost every round of smartisan technology since its a round, with a total of nearly 200 million yuan. when smartisan technology was in trouble, he lent 15 million yuan to luo yonghao in two installments, and did not sign any agreement or iou at first, and only signed the loan agreement three years later.
when luo yonghao spent all the money he borrowed and asked for more, zheng gang said he really couldn't come up with the money, so he mortgaged his house to luo yonghao for 20 million yuan, but luo yonghao denied it and even accused him of lying. in this weibo post, zheng gang attached a video showing the wechat chat records between luo yonghao and his borrower.
in this long article, zheng gang also said, "if luo yonghao wants to act, i will accompany him to act, and we can co-star in "true legend: zheng gang·prince guo vs luo yonghao·niu hulu"."
according to the securities times, the war of words between luo yonghao and zheng gang has been going on for several years. since it appeared in the public eye, both sides have insisted on their own opinions and the dispute has not been resolved. from a business perspective, this incident is not just a quarrel between individuals, but reflects a crisis of trust in the entire entrepreneurial ecosystem.
in addition, luo yonghao's response to "fans questioning making friends and selling bird's nests" also became a hot topic on weibo.
luo yonghao said: "don't use moral kidnapping. i have been doing live e-commerce for four years, and i have never sold bird's nest myself (it seems that once the operator served it to me without discussing it with me in advance, i left the stage and went crazy and cursed at him). many brands offered me sky-high prices to promote their products, but i refused without hesitation. i am completely worthy of the 'fans' who trust me."
luo yonghao said that the anchors of jiao ge pengyou were not his subordinates, and he had officially announced his withdrawal from the management of jiao ge pengyou in 2022. "i was hired as the chief supervisor of jiao ge pengyou. i can only control them from selling counterfeit and shoddy goods, but not from selling so-called 'iq tax' products."
editor: lin qin beijing business daily comprehensive qilu evening news qilu one point client, securities times, luo yonghao weibo, 21st century business herald
image丨screenshots of luo yonghao's weibo and zheng gang's weibo
