Chapter 201 Wu Dafo with Golden Light All over His Body!
20 million invested in a little-known small company, and it is a small company that no one in the industry is optimistic about. It cannot even be sold for 1 million. If word gets out, many people in this era may secretly laugh at Wu Yuchen as a fool. . But if this were changed to 20 years later, when basically everyone can speak eloquently about venture capital, many netizens would definitely understand Wu Yuchen.
Venture capital, especially when you are an angel investor, does not mean that the less money you spend and the more shares you hold, the better. If he wanted less money and more shares, Wu Yuchen could buy the company for 1 million and then hire people to work at a high salary. However, the risks of this project would be much higher out of thin air.
Venture capital invests not only in tracks and industries, but more investors value entrepreneurs and entrepreneurial teams themselves. This kind of start-up enterprise is basically inseparable from the founder, because others will not pay so much attention to their godson. Would anyone else be as hardworking as Brother Ma?
Your company belongs entirely to Wu Yuchen, or 89% to 90% of the shares belong to him, so how much effort do you think Brother Xiao Ma and his team are willing to continue to devote to the QQ software? Can working for others have the same motivation as working for yourself?
The relationship between entrepreneurial teams and investors is inherently one of mutual support and mutual caution. To give a well-known example, everyone knows that Alibaba’s Jack Ma approached SoftBank’s Masayoshi Son for a 20 million investment. But in fact, Masayoshi Son wanted to invest 40 million U.S. dollars for 49% of the shares. Jack Ma happily wanted to accept it, but was stopped by Cai Chongxin. In the end, Cai Chongxin only accepted 20 million U.S. dollars for half of the shares, because it involved starting a business. The issue of team control over the company.
Including the US$1 billion that was later introduced to Yahoo, it was not only for money, but also to add another major shareholder to compete with Sun Zhengyi, because Sun Zhengyi had already made moves to seize control at that time, and Ali could reach the point where it later became. It is inseparable from the team of Jack Ma and Tsai Chongxin.
Wu Yuchen invested not only in QQ, but also in Xiao Ma and this team. Therefore, this share must be controlled at a relatively good scale. 40% is almost just right, so that he can invest again in the next round and leave some money for the founding team. sufficient space for control and shareholding.
As for why it is not 3 million or 5 million, but 20 million, because this number is enough to burn QQ. If you invest 3 to 5 million, it will be gone in a few months. In the previous life, IDG and Yingke invested a total of 2.2 million US dollars in exchange for 40% of Tencent's shares. I really thought they were stupid. I wonder if QQ could not be sold before?
This amount of 2.2 million US dollars was calculated by other venture capital companies. How long can it take for server, salary and other cost accounting to be enough for Tengxun to reach the next round. Wu Yuchen is not a stingy person. 20 million yuan is converted into US dollars, which is 2.4 million, enough for Tengxun to use for more than a year.
Although he knew that the Internet bubble would burst within a few months, he did not remind Xiao Ma to save the money, just to let it burn out by the end of next year. It was the coldest time in the Internet industry at that time. Even though Xiao Ma had figured out the relationship between the entrepreneurial team and investors, no one else was willing to invest. If he wanted to survive, he could only accept Wu Yuchen's continued investment. Wu Yuchen doesn’t have many requirements. He only needs to maintain 60% of the shares before going public.
There are also those who say that the second generation is coming to snatch the equity of Tencent. This is really too much thinking.
Even after Tencent went public in 2004, it was not very promising. China's current star Internet companies are portals such as Sina, Sohu, and NetEase. In the next few years, there will be Shanda, Baidu, and Alibaba. Tencent has always been ranked behind these companies, which is half transparent. If you want to grab it, grab those eye-catching bags that clearly show your future!
Besides, more than 90% of the second generation have gone to engage in the free-for-all industry of real estate. They have resources and connections, and they can make money easily. Who will play with you on something you can't understand like the Internet?
Wu Yuchen would not go out and engage in the Internet himself, it would consume too much energy. When Xiao Ma started his business, he was usually the last one to leave every day. In the first few years, he often lived in the company and kept an eye on him. He had to personally fix software bugs that the employees below could not solve.
Didn't Wu Yuchen just want to make money easily? 20 million yuan is nothing to him now, but if he can get talents like Xiao Ma to help him develop a trillion-dollar empire and make a lot of money, why should he care about this little money?
Of course Wu Yuchen himself wants to focus on the main industry of entertainment. As the saying goes, if you want to do something, love something!
This year's Golden Rooster Award is in mid-October, which is still half a month away. Naturally, Wu Yuchen will not be idle and will take advantage of this time to inspect the territory he has designated.
…
In the car, a middle-aged man in his 50s asked the secretary beside him: "Xiao Chen, why did you choose such a remote place for this inspection?"
"Niuxian County, I heard that they are choosing a location to build a film and television city. I guess they are afraid that it will be too close to the city and it will be inconvenient to spread out."
The middle-aged man nodded, and then said: "At first, it was said that it was a Hong Kong businessman, then it was said that it invested hundreds of millions, and now it is said that Wu Yuchen came suddenly. How can it be a bit evil?"
These days, various places welcome Hong Kong businessmen to invest and provide many preferential policies. However, there are also many "Hong Kong businessmen" who are actually scammers. There have been many cases of cheating money, land, and factories. Therefore, County Magistrate Niu is also a little wary, but when it comes to If you want to invest hundreds of millions, you definitely have to go there in person.
The secretary chuckled and said:
"County Magistrate, you will know if you go over and take a look. If Director Wu Yuchen is really here, then I think this matter is reliable. With Director Wu's appeal, everyone everywhere is eager to invite him. I guess If the Hengdian side finds out, they will come over immediately to rob people."
County Magistrate Niu couldn't help but nodded when he heard this, and then told his secretary: "Xiao Chen, you are right. If Wu Yuchen is really here, you and the people in the circle will be told to keep it confidential and not to leak it to Hengdian. !”
A few years ago, director Xie Jin filmed "The Opium War", which immediately attracted attention in Hengdian. Then Chen Kaige's "Assassination of Qin" was also scheduled to be set in Hengdian. In the past two years, it has attracted large and small crews one after another, making Hengdian faintly visible. With an increasingly prosperous posture.
And now, Wu Yuchen, a great director who is better than Xie Jin and Chen Kaige, comes here in person, so he must try his best to keep his new movie in their Xiangshan!
…
"Xiangshan is located on the coast of the East China Sea, at the southern edge of the Yangtze River Delta, between Xiangshan Port and Sanmen Bay. It is surrounded by the sea on three sides and embraced by two ports. Our Xinqiao Town is..."
The middle-aged man wears a white short-sleeved shirt tucked into a belt, has dark skin, and the leather shoes under his feet are stained with mud. He is the mayor of Xinqiao Town, and he is diligently introducing the local situation.
While listening to the introduction, Wu Yuchen looked at the endless land across the river and couldn't help but feel satisfied. It doesn't matter if it's remote, it just needs to be remote enough so that you can use it at will!
By then, all the buildings from the Spring and Autumn Period to the Republic of China will be built, including Ming and Qing Street, Qin and Han Tang Street, Song City, Qingming River Scene, Ming and Qing Palaces, Jiangnan Water Town, Hong Kong Street, Guangzhou Street, Hollywood, etc., none of them can be missing. !
Wu Yuchen is not short of money now. He has made so much in the United States. Naturally, he wants to use some of it to invest in construction in China and give back to the motherland. The film and television city is one of his goals, which can not only expand his influence With the power and voice in the industry, it can also stimulate the local economy and benefit the people of the area. Why not?
Hengdian's momentum relies on the 4-wave rhythm. The first wave is "The Opium War" by Xie Jin, and the second wave is "Assassination of Qin" by Chen Kaizi. But in fact, these first two waves can only be regarded as laying the foundation, because these two movies are not very successful, and their influence is not as great as everyone imagined.
And this third wave is very important. Although Lao Mouzi's "Hero" was criticized by many people at the time, the momentum of this movie far exceeded that of "Assassination of Qin" and "The Opium War", and it brought huge traffic to Hengdian. and publicity role. Since "Hero", Hengdian has basically taken the top spot in the domestic film and television industry.
The fourth wave is that Hengdian further upgraded itself, built supporting facilities, invested heavily in building buildings of various dynasties, and improved the industrial chain to achieve domestic dominance.
It's only 1999 now. Although a new film and television city will lag behind Hengdian, which has been started for a few years, the gap is not as big as imagined. Wu Yuchen is still confident in his appeal.
Let’s just talk about their own movies and TV series from Miracle Pictures, don’t they all have to come over? And when the time comes to shoot "Hero", Senior Brother Mouzi, why don't you show respect to Junior Brother and come to our own film and television city to shoot?
It’s just a small Hengdian, allowing you to see the appeal of a great director!
Gao Yuanyuan put her sunglasses on her hair, wearing white short-sleeves, sports pants, and traveling shoes. She held Wu Yuchen's hand and looked at the beautiful scenery in front of her, feeling as happy as a cheerful bird.
The countryside scenery in front of her is certainly nice, but what’s more important is the people beside her. When Wu Yuchen called her last time, he said that he would take her to play until November. Although Wu Yuchen was working and sightseeing at the same time, But as long as I can be by his side, anything will work!
Just when Wu Yuchen was thinking about his Xiangshan Empire, he heard an energetic voice coming from behind:
"Sorry, everyone, I'm late!"
I saw a middle-aged man who looked like a government official and walked towards Cai Yinong with a smile:
"Mr. Cai, hello! Our Xiangshan is a treasure land. You are welcome to invest in our Xiangshan!"
Mayor Xinqiao quickly introduced: "Director Wu, this is Mayor Niu of Xiangshan County!"
Cai Yinong also greeted County Magistrate Niu enthusiastically, and then hurriedly said: "County Magistrate Niu, this is our Director Wu!"
County Magistrate Niu immediately came over and shook hands with Wu Yuchen: "Director Wu, I really didn't expect that our Xiangshan could catch the eye of a great director like you. If you have any requirements for your new movie, just ask them and we will fully cooperate!"
County Magistrate Niu is not an ignorant person. He knows that the works of a great director can drive tourism. He said that after the release of "My Sassy Girl", there was an endless stream of people going to the Magic City during the summer vacation and National Day, especially It is a movie filming location, and they have all developed into popular tourist destinations for tourists, especially among young people!
There are also the previous films "If Love Is Provident" and "Donkey Gets Water". I heard that the number of people traveling to those two villages has also skyrocketed, and both villages directly built a road because of this!
This great director can drive a country's economy with just one movie. Which local official wouldn't welcome him?
Wu Yuchen also walked up to meet him, stretched out his hand and said with a smile: "County Magistrate Niu, please run over here in person."
"Hahaha, it should be true. To be honest, Director Wu, I am still a fan of your movies. My daughter has watched your "My Sassy Girl" three times. If she knew that I came to see you this time, she would definitely You’re asking me to get your autograph!”
County Magistrate Niu is quite good at getting close to each other, and he doesn't put on any airs when faced with Cai Yinong, a Hong Kong business representative, and Wu Yuchen, a great director. He did also see the beautiful woman following Wu Yuchen. She looked familiar. She must be a female star. But what's so strange about a great director having a beautiful woman next to him? The important thing is whether you can keep Wu Yuchen's new movie.
…
After running around all day, Magistrate Niu personally accompanied him in the private room at night. After finishing the meal, he couldn't help but ask Cai Yinong: "Mr. Cai, what do you think of our Xiangshan Mountain?"
Although Wu Yuchen is also important, the investment of hundreds of millions of real money that can be directly realized is obviously more attractive. Therefore, County Magistrate Niu also focused most of his attention on Cai Yinong tonight. Wu Yuchen was also at ease, and Gao Yuan I ate vegetables and listened to their conversation.
Cai Yinong smiled and said: "Very good! We have to go to other places to look again, such as Wuxi, and compare other conditions."
County Magistrate Niu understood what he said and immediately said: "Mr. Cai, when it comes to preferential policies, our Xiangshan will definitely not lose to other places, and we will also have preferential prices for land. As long as you are willing to land in our Xiangshan, we will give you whatever you want. !”
When Cai Yinong heard what the other party said, he glanced at Wu Yuchen. When he saw Wu Yuchen nodded, he said, "County Magistrate Niu, I can't make the decision on this matter!"
County Magistrate Niu frowned slightly, and then quickly said: "Mr. Cai is being humble. Since you are here to inspect, your opinion will definitely be the main one. Whether it can be successful or not is not a matter of your words."
Cai Yinong quickly waved his hands in denial and said: "County Magistrate Niu, don't say that, this is really not something I can decide! Why don't you ask Director Wu for his opinion?"
County Magistrate Niu's mind was a little confused, and he thought to himself, "I asked you to invest, why did you ask me to ask Wu Yuchen?" Even if you are trying to shirk the blame, you are too deceptive, right?
But since Wu Yuchen was mentioned, County Magistrate Niu couldn't ignore it. He turned his face and said to Wu Yuchen with a smile:
"Director Wu, what do you think of our Xiangshan Mountain? Does it meet the requirements of your new movie?"
Wu Yuchen put down the teacup in his hand and shook his head at County Magistrate Niu.
County Magistrate Niu couldn't help but change his expression, and asked hurriedly: "Director Wu, what do you think is wrong? Why don't you mention it, and we will take you to find a more suitable place!"
Magistrate Niu felt uncomfortable. The Hong Kong businessman who came to invest and the director Wu who made the movie all shook their heads and waved at him after the inspection. Could it be that none of them could succeed? Doesn't this make him anxious?
Wu Yuchen smiled and explained to Magistrate Niu: "Niu County, you misunderstood. What I mean is that I don't have any new movies to shoot for the time being."
"Ah? Then come to our Xiangshan..."
Magistrate Niu was a little surprised, did you really come to visit us by chance? Can you still travel to such a remote place?
"Oh, County Magistrate Niu, I forgot to tell you. I hold some shares in Mr. Cai's Little White Bear Media Company, and I can be heard by others, so I just stopped by to take a look."
County Magistrate Niu couldn't help but be a little confused when he heard this, and then turned to look at Cai Yinong. Cai Yinong immediately smiled and nodded at him, then stretched out his hand to Wu Yuchen, signaling Magistrate Niu to talk to him.
Only now did Magistrate Niu finally realize that this person is the real Buddha, and the person who can really make the decision in this matter is Wu Yuchen!
"Oops! Director Wu, I'm so sorry, I made a big mistake! I thought you were here to shoot a movie! I'll punish myself with three drinks!"
County Magistrate Niu didn't care about Wu Yuchen's obstruction and drank three glasses of liquor. Although Wu Yuchen and Cai Yinong said from the beginning that everyone could just drink tea, Magistrate Niu himself still drank to show his sincerity. This is the atmosphere these days.
Although it was a mistake, Magistrate Niu was even happier now, because Wu Yuchen's words at least proved that Cai Yinong, a Hong Kong businessman, was not a liar and could really bring in hundreds of millions of investments!
County Magistrate Niu put down his glass and said, "Director Wu, I won't say anything more. Just say whatever you want!"
Wu Yuchen doesn’t show off either:
"County Magistrate Niu is generous, and I won't beat around the bush. I believe Magistrate Niu will implement the preferential policies for us, so I will make two points. First, the location of the film and television city we have selected must be built for us with a direct link from the county. highway!"
Everyone knows that if you want to get rich, you must first build roads. The same applies to the film and television city. No matter how good you build it, if you don’t even have a good road, how can people get there? Convenient transportation is a must for development at any time!
County Magistrate Niu quickly made a calculation in his mind. Building a road from the county road would only cost a few million at most. In exchange for an investment of hundreds of millions, it would also be convenient for the people along the way. It was worth it!
"No problem! We can definitely implement this!" County Magistrate Niu assured, patting his chest.
Wu Yuchen nodded, and then said: "Second point, give us a piece of land starting from at least 30 square kilometers. How much discount can the price be based on what you said?"
In the previous life, Xiangshan Film and Television City was known as the second largest, but its total area was only 1,176 acres, less than 1 square kilometer, while Hengdian, the eldest, had more than 50,000 acres. Think about how big the gap is. Now that Wu Yuchen had the opportunity, he naturally laid the foundation first. Anyway, the land itself is very cheap now.
"Start at 30 square kilometers?!"
This figure can't help but make County Magistrate Niu shocked. 30 square kilometers is equivalent to 40,000 to 50,000 acres of land!
If it were just a few square kilometers, the land price would be discounted, but for a land as big as 30 square kilometers, it would be a discount. An investment of 100 million is not worthwhile!
County Magistrate Niu adjusted his mood and said tentatively: "Director Wu, these 30 square kilometers are not a small piece of land. It's not that I don't want a discount. This has to be reported to the superiors, and the investment of 100 million..."
"Oh, Magistrate Niu, I forgot to tell you just now, the unit is US dollars." Wu Yuchen said with a faint smile.
Secretary Chen, who was drinking tea, choked and the chair creaked. He quickly covered his mouth with a tissue and did not dare to say anything anymore.
"Beautiful? Dollars!" Magistrate Niu was stunned and couldn't close his mouth.
Wu Yuchen nodded: "I made a little money from making movies in the United States. I can use it back to build the motherland!"
County Magistrate Niu and Secretary Chen were shocked. You call $100 million a small change!
They only knew that Wu Yuchen had made three blockbusters in succession in the United States, each of which achieved high box office, but they did not expect that he could make so much money as a director!
County Magistrate Niu couldn't care less and once again made sure that his ears heard correctly:
"Director Wu, are you sure you want to invest US$100 million?!"
"Haha, I have this plan, but it depends on your conditions to make me attracted, otherwise I will still plan to go to Wuxi Film and Television City and other places~" After Wu Yuchen finished speaking, he picked up the tea cup and took a sip of tea, Stop talking.
Magistrate Niu's eyes were red at this time. This is 100 million US dollars! Not to mention that the exchange rate has increased the amount by eight or nine times, let’s just say that the country now rewards earning foreign exchange. Whoever can earn foreign exchange will have merit!
If Lao Niu gets the $100 million and stays in Xiangshan, it will not only benefit the people, drive industrial development and make people rich, but he will definitely be promoted within two years!
When he looks at Wu Yuchen now, he looks like a giant Buddha covered in golden light!
Lao Niu slapped the table: "Director Wu, let alone 30 square kilometers, I will do it for you even if it is forty or fifty square kilometers! I will build this road for you according to the provincial road standards! As long as you invest, I will give you whatever you want!"
"Oh? Niu County, what about the approval from above..."
"Don't worry, Director Wu, there are people above us!" Lao Niu was so proud at this time. With 100 million US dollars, he would walk around the city!
"Okay, then I'll leave this to Niu County!" Wu Yuchen picked up the tea cup and said with a smile.
The next day, the top leaders of Ningbo, the superior city of Xiangshan County, came directly to the county for inspection. At the same time, they had cordial conversations and friendly meetings with Wu Yuchen. They expressed their strong support for his investment in the construction of Xiangshan Film and Television City and ordered Magistrate Niu to fully cooperate with the film and television industry. City work construction. As for the land, it’s 40 square kilometers, half buy, half free!
Generally speaking, Wu Yuchen is quite satisfied with the treatment provided by Xiangshan officials. These days, the US dollar is clearing the way, and it’s really going all the way!
He will transfer the money from the United States to Little White Bear Media Company in Hong Kong. Through this company's investment, both "Meteor Garden" and F4 are under this company's name. There is no way, now Hong Kong businessmen enjoy preferential policies and the country encourages them, so Wu Yuchen must wear a layer of skin when investing.
Naturally, the US$100 million will be received in batches. In fact, if Xiangshan Film and Television City is to develop into a major player, Wu Yuchen estimates that US$100 million is not enough. But once the 100 million US dollars is invested, you can find a bank loan. The bank's money does not need to be used in vain. A company that does not owe debt is not a good company, and today's banks are eager for you to apply for a loan!
In this case, three years of money will definitely be enough. After all, the film and television city cannot be built in one day. The key is to get projects. Successful, well-known, and high-traffic film and television projects play a publicity role.
Thinking of this, a person he wanted to win over appeared in Wu Yuchen's mind.