Chapter 334: Lei Siyun Hits the Wall (Part I)

What the hell is bidding? Yuan was so angry that he said in his heart, "What kind of large state-owned enterprise are you, or are you one of the world's top 500 companies?" Why do you still need to write a bidding document?

However, Chu Yuanxi nodded in agreement: "I can't get rid of Meiwa Toys without informing, then my company should be at odds." Besides, I don't have any reason to sacrifice Yang Yuanmei's mother, her mother has done a lot for me, and if I want to sacrifice, I will sacrifice others. But if it's fair play, it's fine.

Besides, I have to see if your relatives know how to do it. I am such a good IP, I can help, but I can't trust non-people, right? Your relatives must have the strength to be my partner, otherwise what if you smash my brand?"

When Chu Yuanxi said bidding, a flash of inspiration flashed in his mind, although he was not familiar with Yuan Rong, he had still been in contact with him a few times in the original world, and he also knew that he and Yuan Liu were the same branch. After all, in the original world, Chu Yuanxi was considered to have a symbiotic relationship with Zheng De's interests, and he was generally passable, and that person looked like a roe deer, and he definitely liked to use non-commercial competition.

This can also be seen in today's incident.

If Chu Yuanxi was Yuan Rong, he would directly find Shangba Ren Entertainment and talk to him, with the identity of the Yuan family, he would definitely not be closed, and then he would rely on his own incorruptible tongue. Yuan Rong may know what Yuan Du has done that hurts nature, or he may not know, but there is no way to know whether he knows it or not, so he will do it to Chu Yuanxi, since he wants to earn this money, he has something to say to his face.

But not only did Yuan Rong not come to the door directly, he did not go directly to Yuan Jing, but took a detour from Yuan Liu, which shows the importance he attaches to the relationship.

When such a person hears that there is a need to bid, what will he do?

Then he will happily win the bid, and then, waiting for him, a vivid lesson......

Yuan Jing didn't know that even he was calculated, and hearing Chu Yuanxi say this, it was in line with his character, and the requirements were reasonable. In fact, when Chu Yuanxi said about Yang's mother's relationship, he felt that he was going to be yellow, and it was impossible for him to get rid of Yang's mother. Then in the end, Yuan Rong still has a great chance, which is already a good result.

Therefore, the brother and sister bid farewell to Chu Yuanxi, and then dealt with their own affairs separately.

Yuan Jing went to communicate with Yuan Liu, in fact, Yuan Rong was also drinking tea in the company. This person is such a person, obviously he should go out to meet people by himself, no, he must rely on relationships.

At this time, he was reviewing the case of Ba Ren Entertainment's "selling cute artifact rabbit hats" with his uncle Yuan Liu. Yuan Rong just heard that this thing sells well, but how good is it? Zheng De backed up a rabbit hat sales data because of his relationship with Chu Yuanxi, and the first five weeks were simply against the sky.

This data made Yuan Rong's eyes red, and what Yuan Jing saw when he entered the door was like this.

And Yuan Yu recruited Lei Siyun to the office.

She sat behind the huge boss's desk, leaned back in the swivel chair, took out the due diligence report but did not open it, but put it on the table, and asked, "In the end, your conclusion is that Baren Entertainment is not suitable for investment at all, not a question of valuation?"

"That's right. Lei Siyun found a chair and sat down, and said steadily: "This company is simply wonderful, it has not started financing yet, it has carried out large-scale expansion, relying on its very unstable cash flow to recruit people, and it has recruited dozens of people, including all kinds of things, and there is actually a team of AI engineers, and the salary is quite high."

Now their cash flow has been hovering between profit and loss, and the only clothing category that may contribute stable cash flow is still expanding such as store investment, and cannot contribute cash at all, which is the first.

The second is that they actually want to make their own brand clothing, and no one in this team has ever worked in the clothing industry, so they make a large investment, how immeasurable is this? I have never seen such a person in the industry for more than 20 years.

The third is their main business. Originally, they were an Internet celebrity team, and from the comprehensive point of view of the media, they were able to lead the industry, but it was not very good to pull out any of them alone. Weibo only has a few million fans, which is not the head at all, and the official account is also, barely more than 2 million fans, and now there is no official account with 15 million fans that is not a first-line at all, and even Douyin has been overtaken.

In this way, they have not made any income, and Douyin obviously provides a very good advertising ecology, but they just don't accept it. I couldn't understand what they were doing at all. ”

Yuan Yu calmly waited for Lei Siyun to finish speaking, and asked, "What about the highlights of Ba Ren's entertainment?"

"You mean games and comics?" Lei Siyun smiled apologetically, "At the moment, I only see input, and I can't see any signs of output at all." You know, what they do is TCG mobile games, this category itself is not profitable, and what they do is self-developed IP, which is still a comic. This kind of thing,I learned about it from my peers.,It's also a light user attribute in comics.,It can be seen that there is no big future.。 As for "Out of the Mountain in Troubled Times", which Mr. Chu has high hopes for, well, how can you say it?"

He paused for a moment and said, "His gameplay is too incomprehensible to draw any conclusions, it can be good or bad, and there is a lot of uncertainty." ”

Seeing that Yuan Yu didn't speak and just motioned for him to continue, Lei Siyun felt that he played well today, and he should be able to score points in front of the goddess?

"I specially looked at the background data of "Out of the Mountains in Troubled Times", and before Mr. Chu split the official account, the approximate open rate was between 300,000 and 350,000 per article on average. Compare the top masterpieces on Tencent Animation, with a collection of 2 million and a total click-through rate of tens of billions.

Let's not talk about the click-through rate, assuming that Mr. Chu's number of opens is equivalent to the number of Tencent Animation's collections multiplied by a coefficient, let's fully overestimate Mr. Chu's work, thinking that it is equivalent to a head work of Tencent Animation, and the value is between 50 million and 100 million. It should be noted that this price is already a serious premium, in fact, not every head work can generate such a large value, in other words, this is already the upper limit, and the lower limit I think is zero.

So, to sum up, the uncertainty is very high, and my conclusion is that it is not suitable for investment. If you have to give a valuation, 100 million. ”

"One hundred million, are you sure?"

"It's already very high!" Lei Siyun said with some excitement, "It's ridiculous, Didi taxi, Baren Entertainment personally issued an article attacking the public account, and then a head tuba was blocked." Immediately followed by the indefinite suspension of major events, domestic investors are now very, very cautious when investing in the media. ”