On June 18, Wei Zhe delivered a speech entitled "How to Be an Overmatched CFO" at the Shanghai Sharing Conference. In his speech, he said, "I'm not very good at math." Margaret rice immediately said, "How did you become CFO (Chief Financial Officer) if you were not good at math?" Wei Zhe responded: "Miss, I am not good at math, but I am better than you!" Margaret Rice went on to say, "I was the third in the Beijing College Entrance Examination for Liberal Arts, and I was an undergraduate at Cornell University ..." The scene was once full of gunpowder.
According to public information, from 65438 to 0993, 23-year-old Wei Zhe graduated from Shanghai International Studies University and became the secretary of Guan Jinsheng, the godfather of securities. It took him only three years to become the deputy general manager of IWAC. 1995 After the "March 27th" incident that shocked the industry, Wei Zhe entered PricewaterhouseCoopers. Three years later, at the age of 29, Wei Zhe became one of the youngest partners in the history of PricewaterhouseCoopers. At the age of 32, Wei Zhe became the president of B&Q China. At the age of 36, he joined Alibaba as CEO of Alibaba B2B Company and led Alibaba to go public in Hong Kong one year later. 20 1 1, Wei Zhe resigned from Ali because of the supplier fraud. Since then, he has established the Jiayu Fund.
Margaret Mi studied economics in Peking University, and then transferred to Cornell University to get a bachelor's degree in economics. She works as an investment analyst in Morgan Stanley's new york office. Before joining Dao Heng, she served as vice president of Paijie Investment Bank and director of Gaohong Investment Bank. He introduced himself 14 years of investment banking experience.
A letter of apology from Margaret Meade.
According to the news, after the incident, Wei Zhe found the relevant person in charge of CEFI and asked for an apology, and asked Margaret's company Duff &; Phelps) and herself, and asked the company to change contacts at the CEFI meeting. In addition, it was revealed that Wei Zhe asked Dao Heng to donate more than $654.38 million to the CEFI conference anonymously.
Official website shows that Dao Heng is a global valuation and corporate financial consultant. The company has more than 2,000 employees and serves different customer groups in offices around the world.
According to Margaret Mi, Wei Zhe made three demands on Dao Heng: 1, and the CEO of Dao Heng personally wrote a public apology letter; 2. Dao Heng donated $654.38 million to CFEI; Anonymous; Margaret rice is never allowed to participate in CFEI activities. Two weeks later, Wei Zhe personally wrote an email to the CEO of Dao Heng Company, and Margaret Mi was immediately fired by Dao Heng Company.
On July 7th, Margaret Rice sent a letter of apology to Wei Zhe, which was widely circulated on the Internet. According to reports, the recipients of the email include top PE/VC funds (Gaoling, IDG, CDH, KKR, TPG, PAG, Sequoia, Confidence, Safran, Softbank, Carlyle, etc. ), large investment banks (Goldman Sachs, JPMorgan Chase, Morgan Stanley, Citigroup, Bank of America Merrill Lynch, etc. ) and all the HR and top international university alumni she knows.
However, Margaret Rice stressed that she didn't send emails to so many people. "I don't know how this email leaked out. I only sent it to HR Wei Zhe of his company and Lu Sanjin of our company. "
"I was particularly angry when I wrote this letter. I was fired and I had to write him an apology letter. " Margaret rice explained.
Regarding the current situation, Margaret Rice said that she wanted to make a formal apology to Wei Zhe, but she had not contacted Wei Zhe. "I think I was wrong, too. First of all, people should really respect the speaker when they speak. They shouldn't ask others if they are good at math. This is not a real humiliation for them. I have already reflected on this point, and I can also write him a check. But I just hope that he can sincerely accept my apology, because it is not easy for us, and we all rely on ourselves to eat. I also want to solve this problem. We are all losing each other now, and our image is not good. I have to continue to mix in the financial circle and find a job. "
Margaret rice
WSJ: Why did you tell Wei Zhe that math was bad?
Margaret Meade: I'm really just saying. I talked to the CFO of American Airlines, and I heard Wei Zhe say that he was particularly poor at school, especially in math. Then I said, "Aren't you CFO? How to be a CFO if math is not good? "
We have sponsored CFEI activities for 8 years, and I am very familiar with the people who come. For me, this is a family event. But Wei Zhe seemed very angry and said, "Miss, I'm not good at math, but I'm better than you!" I think Wei Zhe seems to look down on me as a woman. I studied in Peking University and Cornell University, and worked in investment banks such as Morgan Stanley. I can also get my American citizenship and resume. So I said it.
Newspaper: What will happen next? Did you really get fired from the company? What reason did the company give?
Margaret rice: I really didn't think there was any problem at that time. Earlier, I pointed at Shen Nanpeng (founder and managing partner of Sequoia China Fund) and scolded him. He just wrote me an email afterwards, asking me not to scold him directly in public, and it was over.
That night (June 65438, 2008), I wrote an apology email to Wei Zhe, but he didn't accept it. He said he wouldn't communicate with me directly. He thought I didn't have enough coffee seats, so he had to tell my boss. Then my boss wrote him a letter of apology, which he didn't accept. "
Later, Wei Zhe put forward three requirements for Dao Heng: 1, and the CEO of Dao Heng personally wrote a public apology letter; 2. Dao Heng donated $654.38 million to CFEI; Anonymous; Margaret rice is never allowed to participate in CFEI activities.
My boss can't be the boss. Said it was communication. About two weeks later, Wei Zhe personally wrote an email to the CEO of Dao Heng Company, and then I was fired by the company. I received a letter of dismissal on July 4, saying that I had violated my professional ethics and so on.
Thesis: The letter of apology sent to Wei Zhe through the Internet has been copied to many people in the industry. What is the consideration?
Margaret Meade: I was very angry when I wrote this letter. I was fired and I had to write him an apology letter. But I really didn't copy so many people, and I don't know how this email got out. I only sent it to HR Wei Zhe of his company and Lu Sanjin of our company.
Newspaper: It's been a while. Are you still in touch with Wei Zhe?
Margaret Meade: I've been trying to contact Wei Zhe. I've tried many ways, but it didn't work. I think I have problems, too. First of all, people should really respect the speaker when speaking. They shouldn't ask whether they are good at math. This is really a disgrace to others. I have already reflected on this point, and I can also write him a check. But I just hope that he can sincerely accept my apology, because it is not easy for us, and we all rely on ourselves to eat. I also want to solve this problem. We are all losing each other now, and our image is not good. I have to stay in the financial circle and look for a job. I am a single mother and I have a son to raise.
Thesis: There are many photos of you on online social media, all of which are "cool". Many people think you are hype. what do you think?