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On the verge of bankruptcy, the debt exceeds 300 billion. How did Founder Group, backed by Peking University, play a good hand?
Founder Group used to be the largest campus enterprise in China, but because of the infighting of the company, it finally owed 300 billion yuan and declared bankruptcy. First of all, Founder Group is already strong. Later, because the company changed a chairman, and then introduced a new character, Li You. Although Li You, the new role, said that he was capable of leading Founder Company to glory, his demand for power was too strong. Anyone who threatens his position on the board of directors will oppose him.

Once people have a mind about rights, they are no longer so concerned about the company's affairs, so the company faces a potential crisis after the change of government. Too much infighting is definitely bad for the company's profits, because what the board of directors discusses every day is not how to carry out a new project, but whether to carry out an important task for a certain person, which seriously affects the company's future development, so the company has to be in debt of 30 million yuan and declare bankruptcy.

Many people feel sorry for the bankruptcy of Founder Group, because it is not only high in human resources, but also backed by Peking University. So its bankruptcy is unexpected to many people, but the fact is that the IT industry is too infighting. Although there are other industries under the Founder Group, the main profit is still in the it industry, but the infighting in the IT industry has made the Founder Group a mess for a long time.

At first, Wang Xuan was the leader in IT field, because one of his inventions successfully put Founder Group on the right track and made Founder Group profitable. Since the IT industry has a new CEO, their innovation ability has gradually declined, so there is no progress without innovation. A group that does not know how to innovate will eventually be abandoned by the times. Therefore, in the case of poor management, Founder Group is on the verge of bankruptcy.