Chapter 404
Bai Shan Capital
Chapter 404 Bai Shan Capital
Different from the past, now Li Xianyun meets the boss directly if he wants to meet.
In the spacious and bright living room of the ghost town, Li Xianyun met Miao Hui who had come all the way here.
Miao Hui is a very elegant middle-aged man. He is over forty, but he doesn't look much different from his thirty-year-old.
Sitting on the sofa, Miao Hui leaned forward slightly, looking at Li Xianyun with admiring eyes: "You're not thirty this year, are you?"
Li Xianyun smiled: "It's coming soon."
"Young people are awesome." Miao Hui nodded in admiration.
Then he shook his head again: "Talented, talented, but it's a pity."
"What?" Li Xianyun asked.
"I heard that you are still directing movies recently?" Miao Hui asked.
"Yes."
Miao Hui shook his head: "You shouldn't waste time on being a director, you should concentrate on running a business."
Li Xianyun smiled and said: "Many people have suggested this to me, but it's my hobby. I mean, it's just a hobby. Some people's hobby is drinking tea, some are picking up girls, some are Mountaineering, some are just anything else. I just want to do it, but it may decrease in the future, just try to do one every year.”
"It would be great if you put your interest in business management." Miao Hui was very serious: "Your company has problems with business management, and you haven't done enough in many aspects."
Li Xianyun does not deny this point: "Enterprise management is a major subject, and it is not enough to have a fixed system. What is more important is to implement it effectively and suit yourself."
"That's right!" Miao Hui was very satisfied, at least the young man in front of him was a sensible person.
The so-called good corporate system is all nonsense. The corporate system depends on what kind of company the company is, and even who the boss is.
The boss is the soul of the enterprise. Every boss has his own ideas, and he is also a practitioner of the enterprise system. If the system and the boss's behavior style are contrary, then the unrestrained bosses themselves are the destroyers of the enterprise system.
But few people will consider this issue, and most people will not think about the suitability of the system and the boss.
Li Xianyun can understand this, which is a good sign.
But he didn't know that this didn't mean that Li Xianyun could change - many systems and departments of Yisheng Media existed for the needs of little ghosts, it seemed unreasonable, but it couldn't be done without.
Miao Hui said: "Just understanding is not enough."
Li Xianyun shrugged: "I just know a lot, and I know more than I do. Now the company relies on me to watch one by one. The biggest advantage of doing this is that many processes are skipped, but the biggest disadvantage is that there is almost no improvement. Space. Energy is limited...that's why you object to me continuing to make movies."
"Then why haven't you made improvements?"
"It has been done, there was a small reorganization, and some big problems were solved, but there were many small problems, and the latter ones are still being studied." Li Xianyun said truthfully.
Miao Hui shook his head: "You need professional people to help you with this."
Li Xianyun smiled: "For example you?"
Miao Hui laughed: "We are not a pure investment institution."
Of course you are not.
There are many types of investment institutions such as angels, VCs, PEs, etc. Angel rounds are venture capital, focusing on startup companies, with high risks and high returns.
VC focuses on the early stage, that is, the first, second and third rounds except for the angel round.
PE is generally in the later stage, that is, the enterprise has grown to a certain scale, is basically stable, and requires a relatively large amount of funds.
Baishan Capital is a PE. They are better at the later stage, investing a lot, packaging and listing.
And such investment institutions rely not only on vision, but also on strong post-investment services.
If you think about it badly, it’s just staring at you to prevent you from exploiting the company’s profits to enrich yourself. If you think about the good side, it’s helping you develop.
Li Xianyun's attitude in this regard is relatively positive, and he doesn't mind investment institutions participating in the company's construction, even though they will inevitably do a lot of backup for themselves in the process.
What he cares about is that the other party wants too much.
Li Xianyun said directly: "Yisheng Media's head office does not accept investment, we only need our subordinate companies."
"I understand." Miao Hui nodded: "What you need is not only money, but the most important thing is resources. I heard that Yisheng Development has a new development plan?"
"Well, I'm still thinking about it. The ghost town itself has enough funds and doesn't need more funds, but we may buy land elsewhere to build a bigger ghost town."
Li Xianyun, Jiang Zheng, and the others are targeting Shudian, and [-] acres of land can't satisfy their appetite, and now they are looking for land everywhere.
In addition, Li Xianyun himself intends to make noise in the underground of the ghost town, but this only needs to use the profits of the ghost town itself, and does not require financing.
"This requires a lot of money." Miao Hui said.
"Yes, but don't worry, the interior of the ghost town is not finished yet."
"What about technical support?"
"That company has not been established, and it is not planned to be established. The technology is in the hands of the technical department of Yisheng Film and Television, and they are in charge."
Miao Hui was surprised: "Then where do you need investment?"
He could tell that Li Xianyun had a need for Bai Shan.
But now the most money-burning is the ghost town, what is it if it is not a ghost town?
"Cinema." Li Xianyun answered directly.
Hearing this, Miao Hui was stunned.
Fuck!
You are going too far!
Theaters are a good thing, as long as they are properly managed, they will have fixed income every year.
But the problem is that Miao Hui doesn't like it.
What he wants is not that fixed income, but a transaction that can take advantage of the leverage of the financial circle.
The development of theaters depends on the general environment. If the general environment is not good, the theaters will not make money. If the general environment is good, the theaters will basically be able to make money.
But getting rich is impossible.
Theaters are regional revenues, which are difficult to amplify, so they are relatively stable——Chen Yu tried his best, and the fifty profitable theaters did not make much profit. After selling five theaters, the remaining Through various efforts, the five garbage theaters finally made a small improvement. Although the overall situation is better than before, the improvement is limited.
To put it bluntly, this thing is too stable, so it is difficult to be leveraged.
Of course, it is not impossible. In the original world, Wanda Cinemas had a market value of more than 500 billion yuan in more than 400 theaters, but it did not rely on high profits, but bragging. Because the stock price was too empty, it quickly fell back. It is the market value of [-] billion, which is full of moisture.
So what if you invest in a thousand theaters?
Isn't that still real money thrown out?
Without the potential for a valuation surge, there is no investment value.
Theater chains usually want to go public, but investment institutions generally don’t like this. Of course, it also depends on the investment style.
Some are steady, some are radical.
Miao Hui is a talented person, and talented people like huge profits-theater chains do not meet Miao Hui's investment needs.
Li Xianyun could understand his thoughts and said with a smile, "That's the only one I can promise to go public."
Uh……
What's the matter with listing the theater company with the least explosive potential? Are you begging that its stock price will not fall?
At this moment, Miao Hui wrote lightly: "Baishan is a company with great ambitions."
Li Xianyun smiled and said: "I understand. The theater chain is the cornerstone, and the meaning of its existence is to allow film and television companies to have better room for development. The cornerstone is very important, but it cannot be sold at a high price."
Capital does not like the foundation, the founder does the tree planting, and the capital is only responsible for picking the fruit.
Miao Hui didn't say much, just looked at him.
Li Xianyun said: "That's why I think so... I plan to divide the future film and television production into three parts, one part is to focus on online movies, and it is mainly used as our talent training base. The other part is TV series production, which requires a lot of investment. Big rewards, good key publicity effect, can also further promote ghost towns. There are also some major theater productions, which can be combined with theaters and publicity.”
Miao Hui smiled: "A company that focuses on theater films? But Mr. Li, you haven't proven yourself in theaters yet."
"Take your time, I'm not in a hurry." Li Xianyun smiled.
Isn't it just that the box office performance of several Xinhai films is not satisfactory?
That's not a loss, it's just that you earn less, so how can you say you haven't proved yourself?If you are not greedy for money, you can make a lot of money based on the actual investment.
Besides, don't Doomsday Crazy Flower and Mirror World also make money?
At this moment, Li Xianyun said indifferently: "Besides, investors are just fighting for risk and profit? If it's 100% of something, I don't need to invest."
Miao Hui hesitated.
Yes, Li Xianyun does not need to invest in things that are stable and profitable.
Such is the case with ghost towns.
Although the film and television base does not have unlimited space like the Internet, it also has its own advantages, that is, it can be profitable very early.
In order to gain a monopoly position in the Internet industry, in the early stage, it was constantly burning money to grab the market, with high risks and high returns, so it was difficult to get a loan, and it all depended on financing to continue life.
But the ghost town is different. As long as the business conditions of a film and television base like this improve, there is no need for several rounds of additional investment.
After the completion of the third phase of the ghost town film and television base, the ticket price is 218 yuan a piece. Now the daily tourist reception has exceeded 7000, and the single-day ticket revenue is 50 million.Coupled with the crew, merchants, and the rental of peripheral props and clothing, etc., the annual revenue of 15 billion is not far away.
Finally, it is stable!
The ghost town is like this now. When the commercial area is completed, it is estimated that the annual revenue can reach 30 billion.
This is just a preliminary stage. If it expands ten times like the vertical store, the prices of ticket shops and other stores will increase accordingly, and the number of customers will increase, then the rate of return per unit area will further increase, and the net profit will also further increase. In the future, it is entirely possible to become more than Shudian, a super film and television center with an annual revenue of more than 300 billion.
The larger the company is, the higher the corresponding cost is, the opposite is true for tourist attractions, the larger the scale, the lower the corresponding cost!
So this is the gold-swallowing behemoth!
If you think the theater chain is too stable, the essence is not that it is stable, but that it earns less money.
If you want to add stability to huge profits, it will be different!
So now Li Xianyun doesn't want to borrow money, but many financial institutions come to him and are willing to lend him money.
money?
There is no shortage of Li Xianyun.
Only the theater chain, this asset-heavy project is struggling, which has become a heart problem for Li Xianyun.
The same reason why Miao Hui is not optimistic about the theater chain, Li Xianyun is also unwilling to invest too much money in this project, and only real estate developers who are used to heavy asset operations will like the theater chain.
Both film and television and capital, which are accustomed to huge profits, hope to maximize the value of funds, and hope that the work of digging the soil and farming techniques will be done by others, and they will pick the fruits themselves.
So the first contact with Baishan Capital ended in vain.
(End of this chapter)
Different from the past, now Li Xianyun meets the boss directly if he wants to meet.
In the spacious and bright living room of the ghost town, Li Xianyun met Miao Hui who had come all the way here.
Miao Hui is a very elegant middle-aged man. He is over forty, but he doesn't look much different from his thirty-year-old.
Sitting on the sofa, Miao Hui leaned forward slightly, looking at Li Xianyun with admiring eyes: "You're not thirty this year, are you?"
Li Xianyun smiled: "It's coming soon."
"Young people are awesome." Miao Hui nodded in admiration.
Then he shook his head again: "Talented, talented, but it's a pity."
"What?" Li Xianyun asked.
"I heard that you are still directing movies recently?" Miao Hui asked.
"Yes."
Miao Hui shook his head: "You shouldn't waste time on being a director, you should concentrate on running a business."
Li Xianyun smiled and said: "Many people have suggested this to me, but it's my hobby. I mean, it's just a hobby. Some people's hobby is drinking tea, some are picking up girls, some are Mountaineering, some are just anything else. I just want to do it, but it may decrease in the future, just try to do one every year.”
"It would be great if you put your interest in business management." Miao Hui was very serious: "Your company has problems with business management, and you haven't done enough in many aspects."
Li Xianyun does not deny this point: "Enterprise management is a major subject, and it is not enough to have a fixed system. What is more important is to implement it effectively and suit yourself."
"That's right!" Miao Hui was very satisfied, at least the young man in front of him was a sensible person.
The so-called good corporate system is all nonsense. The corporate system depends on what kind of company the company is, and even who the boss is.
The boss is the soul of the enterprise. Every boss has his own ideas, and he is also a practitioner of the enterprise system. If the system and the boss's behavior style are contrary, then the unrestrained bosses themselves are the destroyers of the enterprise system.
But few people will consider this issue, and most people will not think about the suitability of the system and the boss.
Li Xianyun can understand this, which is a good sign.
But he didn't know that this didn't mean that Li Xianyun could change - many systems and departments of Yisheng Media existed for the needs of little ghosts, it seemed unreasonable, but it couldn't be done without.
Miao Hui said: "Just understanding is not enough."
Li Xianyun shrugged: "I just know a lot, and I know more than I do. Now the company relies on me to watch one by one. The biggest advantage of doing this is that many processes are skipped, but the biggest disadvantage is that there is almost no improvement. Space. Energy is limited...that's why you object to me continuing to make movies."
"Then why haven't you made improvements?"
"It has been done, there was a small reorganization, and some big problems were solved, but there were many small problems, and the latter ones are still being studied." Li Xianyun said truthfully.
Miao Hui shook his head: "You need professional people to help you with this."
Li Xianyun smiled: "For example you?"
Miao Hui laughed: "We are not a pure investment institution."
Of course you are not.
There are many types of investment institutions such as angels, VCs, PEs, etc. Angel rounds are venture capital, focusing on startup companies, with high risks and high returns.
VC focuses on the early stage, that is, the first, second and third rounds except for the angel round.
PE is generally in the later stage, that is, the enterprise has grown to a certain scale, is basically stable, and requires a relatively large amount of funds.
Baishan Capital is a PE. They are better at the later stage, investing a lot, packaging and listing.
And such investment institutions rely not only on vision, but also on strong post-investment services.
If you think about it badly, it’s just staring at you to prevent you from exploiting the company’s profits to enrich yourself. If you think about the good side, it’s helping you develop.
Li Xianyun's attitude in this regard is relatively positive, and he doesn't mind investment institutions participating in the company's construction, even though they will inevitably do a lot of backup for themselves in the process.
What he cares about is that the other party wants too much.
Li Xianyun said directly: "Yisheng Media's head office does not accept investment, we only need our subordinate companies."
"I understand." Miao Hui nodded: "What you need is not only money, but the most important thing is resources. I heard that Yisheng Development has a new development plan?"
"Well, I'm still thinking about it. The ghost town itself has enough funds and doesn't need more funds, but we may buy land elsewhere to build a bigger ghost town."
Li Xianyun, Jiang Zheng, and the others are targeting Shudian, and [-] acres of land can't satisfy their appetite, and now they are looking for land everywhere.
In addition, Li Xianyun himself intends to make noise in the underground of the ghost town, but this only needs to use the profits of the ghost town itself, and does not require financing.
"This requires a lot of money." Miao Hui said.
"Yes, but don't worry, the interior of the ghost town is not finished yet."
"What about technical support?"
"That company has not been established, and it is not planned to be established. The technology is in the hands of the technical department of Yisheng Film and Television, and they are in charge."
Miao Hui was surprised: "Then where do you need investment?"
He could tell that Li Xianyun had a need for Bai Shan.
But now the most money-burning is the ghost town, what is it if it is not a ghost town?
"Cinema." Li Xianyun answered directly.
Hearing this, Miao Hui was stunned.
Fuck!
You are going too far!
Theaters are a good thing, as long as they are properly managed, they will have fixed income every year.
But the problem is that Miao Hui doesn't like it.
What he wants is not that fixed income, but a transaction that can take advantage of the leverage of the financial circle.
The development of theaters depends on the general environment. If the general environment is not good, the theaters will not make money. If the general environment is good, the theaters will basically be able to make money.
But getting rich is impossible.
Theaters are regional revenues, which are difficult to amplify, so they are relatively stable——Chen Yu tried his best, and the fifty profitable theaters did not make much profit. After selling five theaters, the remaining Through various efforts, the five garbage theaters finally made a small improvement. Although the overall situation is better than before, the improvement is limited.
To put it bluntly, this thing is too stable, so it is difficult to be leveraged.
Of course, it is not impossible. In the original world, Wanda Cinemas had a market value of more than 500 billion yuan in more than 400 theaters, but it did not rely on high profits, but bragging. Because the stock price was too empty, it quickly fell back. It is the market value of [-] billion, which is full of moisture.
So what if you invest in a thousand theaters?
Isn't that still real money thrown out?
Without the potential for a valuation surge, there is no investment value.
Theater chains usually want to go public, but investment institutions generally don’t like this. Of course, it also depends on the investment style.
Some are steady, some are radical.
Miao Hui is a talented person, and talented people like huge profits-theater chains do not meet Miao Hui's investment needs.
Li Xianyun could understand his thoughts and said with a smile, "That's the only one I can promise to go public."
Uh……
What's the matter with listing the theater company with the least explosive potential? Are you begging that its stock price will not fall?
At this moment, Miao Hui wrote lightly: "Baishan is a company with great ambitions."
Li Xianyun smiled and said: "I understand. The theater chain is the cornerstone, and the meaning of its existence is to allow film and television companies to have better room for development. The cornerstone is very important, but it cannot be sold at a high price."
Capital does not like the foundation, the founder does the tree planting, and the capital is only responsible for picking the fruit.
Miao Hui didn't say much, just looked at him.
Li Xianyun said: "That's why I think so... I plan to divide the future film and television production into three parts, one part is to focus on online movies, and it is mainly used as our talent training base. The other part is TV series production, which requires a lot of investment. Big rewards, good key publicity effect, can also further promote ghost towns. There are also some major theater productions, which can be combined with theaters and publicity.”
Miao Hui smiled: "A company that focuses on theater films? But Mr. Li, you haven't proven yourself in theaters yet."
"Take your time, I'm not in a hurry." Li Xianyun smiled.
Isn't it just that the box office performance of several Xinhai films is not satisfactory?
That's not a loss, it's just that you earn less, so how can you say you haven't proved yourself?If you are not greedy for money, you can make a lot of money based on the actual investment.
Besides, don't Doomsday Crazy Flower and Mirror World also make money?
At this moment, Li Xianyun said indifferently: "Besides, investors are just fighting for risk and profit? If it's 100% of something, I don't need to invest."
Miao Hui hesitated.
Yes, Li Xianyun does not need to invest in things that are stable and profitable.
Such is the case with ghost towns.
Although the film and television base does not have unlimited space like the Internet, it also has its own advantages, that is, it can be profitable very early.
In order to gain a monopoly position in the Internet industry, in the early stage, it was constantly burning money to grab the market, with high risks and high returns, so it was difficult to get a loan, and it all depended on financing to continue life.
But the ghost town is different. As long as the business conditions of a film and television base like this improve, there is no need for several rounds of additional investment.
After the completion of the third phase of the ghost town film and television base, the ticket price is 218 yuan a piece. Now the daily tourist reception has exceeded 7000, and the single-day ticket revenue is 50 million.Coupled with the crew, merchants, and the rental of peripheral props and clothing, etc., the annual revenue of 15 billion is not far away.
Finally, it is stable!
The ghost town is like this now. When the commercial area is completed, it is estimated that the annual revenue can reach 30 billion.
This is just a preliminary stage. If it expands ten times like the vertical store, the prices of ticket shops and other stores will increase accordingly, and the number of customers will increase, then the rate of return per unit area will further increase, and the net profit will also further increase. In the future, it is entirely possible to become more than Shudian, a super film and television center with an annual revenue of more than 300 billion.
The larger the company is, the higher the corresponding cost is, the opposite is true for tourist attractions, the larger the scale, the lower the corresponding cost!
So this is the gold-swallowing behemoth!
If you think the theater chain is too stable, the essence is not that it is stable, but that it earns less money.
If you want to add stability to huge profits, it will be different!
So now Li Xianyun doesn't want to borrow money, but many financial institutions come to him and are willing to lend him money.
money?
There is no shortage of Li Xianyun.
Only the theater chain, this asset-heavy project is struggling, which has become a heart problem for Li Xianyun.
The same reason why Miao Hui is not optimistic about the theater chain, Li Xianyun is also unwilling to invest too much money in this project, and only real estate developers who are used to heavy asset operations will like the theater chain.
Both film and television and capital, which are accustomed to huge profits, hope to maximize the value of funds, and hope that the work of digging the soil and farming techniques will be done by others, and they will pick the fruits themselves.
So the first contact with Baishan Capital ended in vain.
(End of this chapter)