Among them, Lao Luo English Training is an English training company started by Luo Yonghao after he resigned from New Oriental. Hammer Technology is a technology company that Lao Luo decided to enter the mobile phone industry when his English training business developed well, and it has been sold to ByteDance. The last person to make friends was a company that Lao Luo entered after he decided to pay off his debts by live broadcast. The red line is after Lao Luo basically paid off his debts. A new company, its main business is VR and so on.
Lao Luo has started his own business many times. In any case, his indomitable spirit still deserves our admiration.