Zhou Guang and Tong Xianqiao start their own businesses and measure their employment in a company in Shenzhen.
Editor’s note: This article comes from the WeChat public account “ qubits ” (ID: QbitAI), author Li Gen.
Gathered for profit, and die within.
RoadStar, the first unmanned company in China, has recently had a series of results.
The project was wound up by the investors, and the partners reported each other with results, but the bitterest was the three founders who had collapsed and had to jointly bear hundreds of millions of yuan in joint debt.
If it is further included in the dishonesty list, it will be added as “Lao Lai”, and the development of life, work and work will be affected.
In short, no one expected that the once splendid partner of self-driving cars is facing such a bitter result.
Sorry and sad.
Joint debts of over 100 million yuan
The latest news said that the latest results regarding the winding up and arbitration of RoadStar have been obtained.
According to the investment round, the investors in the latest round can get their big heads back, so that their capital will not be lost.
Early investors had no money to take, but the existing shares were transferred to a new company.
The worst thing is the three co-founders of RoadStar: Xi Xianqiao, Zhou Guang, and Gao.
Even now, the trio do n’t want any kind of “partnership,” “partnership,” or even “comparison.”
But we still have to share more than 100 million joint debts.
RoadStar, as a limited liability company, does not have to assume unlimited liability. But during the investment and financing process, the partners signed a joint liability agreement.
So after the birds and beasts are scattered, they still have to make up the loss between the total investment and the book balance.
As for the “partner” Nagawa who joined and joined after RoadStar, this is not included.
So Ye, Zhou and He measured the entrepreneurial debt-how to pay tens of millions per person?
We will elaborate next.
Partners’ mutual complaint
Anyway, the three self-driving car partners will definitely not be able to help each other.
During the company’s winding-up, litigation between the three individuals also started.
Summarizing briefly, there are several things like this:
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1. Zhou Guang, based on “infringement of reputational rights”, brought Lu Xianqiao, Gao and RoadStar to court and won the case.
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Second, Zhou Guang took RoadStar to court on the grounds of “RoadStar’s dismissal of his post”, and rejected the lawsuit because of insufficient evidence.
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Third, weighed Zhou Guang and Shenzhen Yuanrong Qixing in court on the grounds of “infringing on trade secrets”, and finally withdrew it automatically because “the legal fees were not paid within the legal period”.
Among them, Zhou Guang sued Xi Xianqiao, Gao and RoadStar’s honorary rights:
The core is a series of evaluations of Zhou Guang by Tong Xianqiao and Gao in an interview, such as:
In the end, the court ruled that it would damage the right to reputation. In addition to deleting existing articles, it also publicly apologized.
While Zhou Guang was dismissed due to the “public account was fired” incident, he was dismissed, and the plaintiff had insufficient evidence.
Because after the court’s investigation, the decision to dismiss Zhou Guang has no evidence to prove that it came from the board of directors’ resolution, and the second is that it cannot prove that the public account used to announce the expulsion of Zhou Guang is the official public account of RoadStar.
However, much information is also disclosed in the judgment documents.
For example, Zhou Guang’s shareholding in RoadStar was 14.16%, and was also selected as CTO in September 2018-equivalent to replacing the original position of measurement.
This also seems to confirm the earlier rumors. Initially, Zhou Guang was jointly measured in the hope of dismissing Xuan Xianqiao and Na Xiaochuan, so he became the CEO, and Zhou Guang was transferred from chief scientist to CTO …
But in the end of January 2019, the situation suddenly changed, and Gao Xian and Qiao Xianqiao joined forces to kick Zhou Guang out of the game.
In addition, measurement also linked Zhou Guang and Yuan Rong Qixing in the lawsuit.
Birds cast their own trees
The lawsuit for measurement is the first time that Yuan Rong Qixing and Zhou Guang have been explicitly linked.
In September of this year, Yuanrong Qixing from Shenzhen-full name Shenzhen Yuanrong Qixing Technology Co., Ltd., focusing on L4-level autonomous driving full stack solutions, announced the completion of nearly $ 50 million in Pre-A financing.
Except for Fosun Ruizheng, the leading investor in this round, VC institutions such as Jinshajiang Capital, Yunqi Capital, Ventech China, and Songhe Capital are almost the same as the early investors of RoadStar.
This also basically confirms another rumor that RoadStar’s early investment organization and core technical team formed a new company and reborn.
While Zhou Guang has not directly assumed the position of Yuan Rong Qixing-only as a consultant, he can also see who the investors and the engineer team are after the internal disputes of RoadStar.
At present, Yuanrong Qixing is making good progress. After getting rid of the dispute, it also provides any point-to-point RoboTaxi service at the military games. The modified vehicles are still domestic Dongfeng.
The latest news is that Yuan Rong Qixing also started the commercial sale of sensing solutions.
Although RoadStar’s high light moment is no longer worth US $ 800 million, today it can also be ranked in the second echelon among US $ 350 million to US $ 350 million and there is still a chance.
So when it comes to debt issues, perhaps Zhou Guang’s millions must be developed by Yuan Rong Qixing.
Yan Xianqiao also started a new venture.
He opened a low-key auto-driving company focusing on intra-city logistics, and has entered the angel round fundraising stage in the second half of the year, but more new developments have not yet come out.
Measuring has entered another Shenzhen company known for product innovation.
This company quietly set up an autonomous driving related department a few months ago, and hopes to use the accumulation of machine vision and perception toNew boundaries. He is headed by a young technical doctor who has previously trained at ZOOX.
In short, Zhou Guang, Xuan Xianqiao, and Gao, are scattered but still compete in the same field.
Unfortunately, a partnership mystery that looked promising.
Partner Alert
In terms of the resumes of the three, none of them are notable after being a noble official, but they are regarded as young generations in the 80s who are struggling to keep up with the times.
Excellent grades since childhood, learn from prestigious schools.
Zhou Guangchang, Sichuan Weiwei, graduated from Tsinghua University with a Bachelor of Science degree, received a PhD from the University of Texas at Dallas, and served as the head of perception fusion for the autonomous driving division at Baidu Meiyan.
Measured to be born in Hanzhong, Shaanxi, Bachelor of Tsinghua, Ph.D. is a Stanford EE major. After graduating, he has stayed at Google and Tesla. Although affected by the “Ban Mi” incident, there are still opportunities to open a new chapter in the era of technological innovation .
Biao Xianqiao was born in Jiamusi, Heilongjiang Province, with a bachelor’s degree from Harbin Institute of Technology. He finally received his Ph.D. from the University of Virginia, and successively held positions at Nvidia and Apple.
The trio won the “Ten Thousands of Horses Crossing the One-Wood Bridge” behind the window of ten years, obtained a doctorate in the United States, met Baidu Meiyan, and quickly gained capital blessings after the start of the business.
However, infighting because of profit, and disbanding because of infighting, once set a single round of financing record “star of tomorrow”, so hastily became a shooting star.
Perhaps He Jianxian Qiao will never think of a sudden attack on January 21—public dismissal of partners with a public account, and the final result is a total loss.
In an interview, he also tried to correlate the shortcomings of human nature with the “autonomous driving” industry. He believed that there was an “internal cause” within the autonomous driving company, so he was further despised by the industry and destroyed the Great Wall.
However, the outcome of RoadStar is not all bad.disease.
RoadStar’s internal drama has shocked the industry inside and outside, and also aroused many people.
Since RoadStar, many partners in the field of autonomous driving and AI understand one thing:
Together, we can win together.
At stake, no one will make a public noise again.
