"Senior, you're so young. ”

On the other side of the video, Lu Ting spoke first, and Chu Yuanxi, who said it, looked confused, and said in his heart that there is really a generation gap in three years, and now young people meet and greet each other is this routine?

However, Chu Yuanxi can understand any routine without a teacher, so he nodded and said: "Of course, heroes are teenagers." ”

After chatting like this, the atmosphere was immediately harmonious, and both sides talked about their own situations and positions. Then Chu Yuanxi knew that Duan Luting was actually a son inheriting his father's business, this fresh food processing company was said to be founded by him, in fact, it has a lot of family attributes, a family of more than a dozen people is distributed in various production and processing links, and the small workshop in the early stage is also the family's assets, but on the surface he is the one in the middle.

This situation has advantages and disadvantages for mergers and acquisitions, and Chu Yuanxi instantly thought of two disadvantages, one of which is that it is easy to cheat. The first domino that caused the collapse of the fresh track last year was the founder of a celebrity fresh food start-up who pulled his whole family into the procurement system.

So from the ground push materials to office consumables, from store decoration to consultant fees, of course, the supply of fresh goods can not run, each link has a large number of rentiers lying on the cash flow, even the store's liquidity does not let go, three times and two times to burn the investor's money.

However, the members of the old Duan family are basically on the production line, and they are all working people, so the situation is much stronger than that of vampires. But the second disadvantage is even greater, that is, if the merger is completed, and then you want to get rid of them intact, you have to work hard.

However, these members are also part of the assets of the target of the merger and acquisition, and the favorable day is that as long as they are stabilized, the basic framework of the company is stable and not prone to incidents.

But when Chu Yuanxi began to ask the price, Duan Luting showed a rather professional smile: "Senior, I won't tell you, I don't plan to accept mergers and acquisitions now." We still have enough money in our accounts, although the business has been affected recently, but the business volume is still maintained, and the cash flow is also expanding. The point is that the development of the enterprise has not yet met my expectations, so I am reluctant to sell it now. ”

Chu Yuanxi pressed the table very hard, and he couldn't see the opposite side anyway. This sounds familiar, it seems that he said it at some time, and it seems that he has said it to different people more than once?

Of course, you must be calm when you speak, Chu Yuanxi smiled: "So, what are your expectations?"

"My goal, of course, is to go public, or to be acquired by a listed company. If non-listed companies must be mergers and acquisitions, I hope it will be all cash, not less than 5 billion. This is my estimate of how far Tianxian can reach in the future, although the last round of valuation was only 150 million. Whether you laugh or think I'm ambitious, that's my goal anyway. ”

Chu Yuan Xixin said that he wiped it, this is definitely what the old man said, at most it has been revised! Why don't young people play cards according to the routine?

Of course, he doesn't have any position to spit on others, and his goal is only 5 billion, which is still down-to-earth compared to shouting 300 billion himself. Even for the other party's promise to meet today, he felt that it might not be for the purpose of being merged, but for something else. This state is familiar to me anyway, but the seats need to be reversed.

For example, Chu Yuanxi thought of the early days of the Ba people at that time. At that time, Daxia Investment talked to him, and then the two sides talked about a valuation of 50 million. Did he ever think about selling? Great Xia would never know the answer. But Da Xia may have heard that when Chu Yuanxi gave his own people reassurance and talked to others, especially when he was recruiting, he endorsed Da Xia's valuation of 50 million. This is the value given by the market, fair, easy to make, say it hard!

Therefore, even if the other party really thinks so, he has no reason to be angry, it is nothing more than a Heavenly Dao cycle. Sun Yuchen is angry with Buffett, is Sun Yuchen better than Buffett?

Thinking of this, Chu Yuanxi laughed, laughing so much that Duan Luting looked confused, then brushed his face, straightened his expression, and said, "I don't think it's as good as this, I'll give you a valuation of 1 billion, and when others ask me, I will say that you refused, what do you think?"

Duan Luting was suddenly stunned and ×2, and said in his heart How did Chu Yuanxi's thinking turn to this point? This is not scientific, I just wanted to get away with it, and it was not your turn to ask me how much I valued! Why don't middle-aged people play cards according to the routine?

But 1 billion is a number that he is satisfied with, and it will be good for all kinds of actions that may be taken next. Therefore, he also laughed embarrassedly twice, and pretended to be puzzled and asked, "What do you mean by this?"

"It means that I approve of your idea. Chu Yuanxi said calmly: "When others came to talk to me about the acquisition of Xiaokang, I also said that our target was 300 billion, and less than 300 billion did not consider capital operation. So I understand you perfectly. ”

"Wow, there is still such a thing, your ambition is too big, the juniors admire it!" Duan Lu Tingxin said that these two seniors did not scream in vain, it seems that they have really met their peers!

Chu Yuanxi remembered what Yuan Yuan had recently persuaded him, and he just took it out at this time, so he said: "However, although your thoughts are similar to mine, have you considered your ability to resist risks? I guess even if you make a quick profit now, your cash reserves will not be abundant, but now is not necessarily your riskiest period, and you are likely to encounter a very short of cash in the next six months." ”

I saw Duan Luting slap his thigh: "Financing!"

Chu Yuan Xixin said in his heart, I knew you would say that!, "Let's talk about financing, I'll talk about the situation on my side." It is actually very difficult to raise funds this year, and my two main investors, Xu Xin and Hu Shiheng, are among the top in China, but they have been busy saving people recently, and they have already expressed to me that they can help and that money is very tight. ”

This was said by Hu Shiheng, Xu Xin has been a little better recently, and the rise of fresh food has cheered her up, so she is busy but in good spirits, Hu Shiheng is already anxious. His original words are that the more you invest, the greater the responsibility, and now wakes up every day to understand the situation of the invested companies, the lethality of the dual factors is too heavy, some are overwhelmed, and some are about to die, no matter what, we must help them hold on, and only have a chance to survive.

This state is basically the new normal of the domestic investment circle, all the investors say that this year's new projects want to pull financing must be slow, even if things are not in the past, old projects, especially the old projects that were invested years ago, the workload of post-investment services is too great!

And the current reality is that there is no way to enter the market to do DD (due diligence), and there is no way to understand the situation of the entrepreneur and the state of the team, which is called force majeure factor.

Therefore, Chu Yuanxi immediately posted a circle of friends to praise Yang Jiangang, because Yang Jiangang is waiting for the financing to start in March step by step, and the peak visual effects are estimated to be cool. As a result, gritting your teeth and doing a round of promotion before may turn it into a trick by mistake, because you can produce a round of data.

If this key data is good, it is easier to impress investors, and new investors can't get in and there are old people. In the last round of quota release, the Pakistani people "deliberately" did not move, and released as many quotas as possible to institutions, and many of them got on the bus, and it seems that it is still possible for these institutions to get their money as they wish.

Therefore, Chu Yuanxi stood by and watched the A round of financing of peak visual effects, and now it seems that he has become a "god hand", and he was praised by Xu Xin's eldest sister again.

All in all, Chu Yuanxi's words were all true, Duan Luting suddenly thought that Chu Yuanxi not only controlled the well-off, but also the actual controller of the Ba Ren Group, and the information of the Ba Ren Group was transparent and rich until November!

So, what is the purpose of Chu Yuanxi's words? Is it just a simple reminder that it will be difficult to raise funds in the future? There is no need to remind him, who of the entrepreneurs does not know? Duan Luting couldn't help but fall into deep thought.

What he didn't know was that Chu Yuanxi was particularly looking forward to hurrying up to Guotai and Min'an, because after returning to normal, the Ba people could immediately take the money out to buy and buy, and now at this point in time, it looks like a golden time to buy and buy.

Weighing the blockbuster deal of Ba Ren Games at the end of last year, why do some people not think that Chu Yuanxi has lost money? Because although the ability to make money in "Out of the Troubled Times" has been transferred to Ali, especially under the dual factors, it is conservatively estimated that it can earn 2.5 billion more than normal in two months, which seems to be a loss for the Ba Ren Group.

However, the Ba Ren Group cashed in talent into strength in advance, which seemed to be an overdraft, and it was discounted to a certain extent, but the overdraft was to win time, which was explained in the terminology of the game, and it was a "wave of flow" play.

At this point in time, the Pakistani people have a lot of cash in their hands, and the value of various assets in society is falling, money is worth more than usual, and some assets that cannot be bought with 100 million yuan can still not be bought, but some can be bought with 10 million. So, is it a loss or a gain?

The shutdown seems to be a joke for ordinary people, and the holiday has been extended as soon as you close your eyes and open your eyes. But for business owners, it has become a closed eye and an open eye, hundreds of thousands are gone, only consumption and no output, including the output of the Ba people themselves. Only livelihood industries such as Xiaokang and Tianxian are still operating, and the cost is increasing but the income is also rising, and the situation is slightly better. As for fresh e-commerce, that's an example.

This is why capital tycoons such as Xu Xin and Hu Shiheng are now anxious every day, and the prices of the underlying assets they invest in are generally falling. Even if remote work can be started, there will still be communication costs, and the output of employees' time and workload will definitely fall.

Therefore, seeing that it is entering February, Chu Yuanxi is thinking about whether to carry out unplanned mergers and acquisitions every day.

Originally, this money was used as a strategic reserve for the well-off, and there should be expenses such as investment and factory construction, etc., which should be on the schedule, but there must be a surplus, and of course it can be flexible. At this time, if you have the ability to distinguish which assets are high-quality, which are wrongly killed, and which can be returned to fundamentals, it is indeed worth studying whether to go out and scatter coins.

The bigwigs and LPs in the fund industry are holding their money bags tightly at this time, and Chu Yuanxi ran out to scatter coins, which may be called the big head, but Chu Yuanxi has a different mentality from them. People are engaged in this industry, they play finance, they measure profits and losses and risks, and they talk about cash as king; Chu Yuanxi is doing business, and he only needs to consider two questions: first, whether he wants to do it or not, and whether the conditions allow it; second, whether there is anything wrong with the goal, and whether it is worth it.

What's more, if Xu Xin's boss has so much living money in her hands, she will definitely take the initiative.

It's just that restricting Chu Yuanxi is exactly the three words "unplanned". The unplanned means that the Pakistani people have not carried out talent reserves for mergers and acquisitions, and do not have the ability to distinguish between good and bad, so it is easy to be eye-catching.

Even if you have analytical ability, it is difficult to make reasonable mergers and acquisitions without the right traders, because the equity of many companies is not as simple as Ba Ren and Xiaokang. In the process of a round of financing, various conditions may arise, there are various early investors, and various unreasonable agreements may be signed. The purpose of M&A is to gain control, which requires traders to sort out all aspects of the situation, and then come up with appropriate M&A terms.

This kind of thing that takes up a lot of time and energy obviously can't be done by Chu Yuanxi himself. And the actual conditions do not allow it, the fund cannot communicate with the entrepreneur face-to-face at this stage, and cannot enter the country to do DD, and there is no way for the Ba people, and it is difficult to even recruit relevant talents.

What's more, if the Ba people plan to carry out mergers and acquisitions, what are the mergers and acquisitions? Although they can cross borders in a limited way, they must be related to the two main businesses of the Xiaokang people, right? The price of catering has fallen the worst, and you can't merge and acquire a number of restaurants just because the Ba people's information is a store to explore and eat, that's nonsense, and Chu Yuanxi can't bear it himself.

Therefore, it is best to supplement the main business, such as Tianxian is strongly related, but its value has not fallen, and it is very unbeautiful.

In the past few days, Liang Kenian has opened a lot of brains.

Although Liang Kenian does not have a full understanding of the Ba people and the well-off, he can still sort out good ideas from the perspective of the big logic regardless of the details. For example, Ba Ren is a cultural and creative company, and he understands the meaning of a cultural and creative company, because his father also used to do it, and "Out of the Mountains in Troubled Times" was Lao Liang's at the beginning.

Therefore, how about mergers and acquisitions of companies that operate crane machines? This is certainly the pioneer of falling prices, the more national large companies are more difficult to operate at this time, but they can also return to the fundamentals in the future, and they also belong to the cultural and creative mouth. This kind of asset can just be allocated to the artifact company Barana, operating offline IP derivatives, and it is best to merge and acquire enterprises with upstream industrial chain resources to achieve one-stop production, supply and marketing, and then bless the IP of "Wudao Duanjun" to the crane machine inside and out, which is the finishing touch.

It is important to know that there are not many companies engaged in the cultural and creative industry in China compared with other industries, and there are even fewer serious ones, among which there are many with healthy capital conditions and strong risk resistance? Policies are unlikely to give priority to support. Therefore, after the reshuffle, the market in the second half of the year will definitely be better. The difficulty is how to tide over the difficulties of cultural and creative companies at this stage, if a large area falls, the industry will be broken.

Chu Yuanxi immediately took Liang Kenian's brain hole to Cao Shan.

In fact, Banana is also quite miserable now, Cao Shan reports for funeral every day, she played a little fiercely before, resulting in a little tight cash flow. But fortunately, although Chu Yuanxi told Cao Shan that she could switch to the incubation mode, allow independent financing, and allow her to really be the master, Cao Shan didn't know if she was lazy or felt that it was not at the right time, so she never turned to incubation. So now that Banana has a demand, the Ba Ren Group still needs to support, unlike the peak visual effects, which can be seen dead or saved.

The five Trench players had also approached Chu Yuanxi for this matter, and they couldn't sit back and watch Bana come up with a problem. Therefore, the previous financing of Panana was completed under the leadership of Ba Ren Entertainment, and Chu Yuanxi and Cao Shan have been communicating with Cao Shan in the past few days, what plan is used to solve the financial problem? Is it capital dismantling? Continue to finance under the leadership of Ba Ren, or enter the incubation state?

Cao Shan also has to consider whether to complete this important role change and shoulder greater responsibility.

For example, film, animation, and special effects companies have been directly affected. Film and television are originally a cold winter, and animation and special effects, all in the middle and late stages, require a lot of collaborative work, and require professional equipment and broadband, making it difficult to work remotely.

As far as Chu Yuanxi knows, some teams with a strong desire to survive are already working on the development of remote control systems, and it doesn't matter what is kept secret or not, first let employees be able to remotely create workstations in the company through the system at home to carry out special effects processing.

Chu Yuanxi can know that it is because there is a similar demand for peak visual effects, and he is also desperate to save himself, Yang Jiangang has been busy these days, and has spent the most impressive Spring Festival in his life for more than 30 years. In his words, to open such a company, you must be able to solve the problems you may encounter.

These words made Chu Yuanxi have to nod, even if he is not able to solve it, he must pretend to work hard to solve it, otherwise he will be looked down upon by investors.

At this time, it must be much easier than usual to make a merger and acquisition. This kind of company can use it whether it is for Lu Yu, Zhao Jie and Yang Jiangang.

Therefore, what Chu Yuanxi said to Duan Luting was a rare heartfelt word, and he was at home anyway during this time, and he had a lot of time to ponder mergers and acquisitions.

Ending the video connection with Duan Luting in a cordial and friendly atmosphere, Chu Yuanxi thought about it, let's first inform all the brothers of the well-off about the tentative method of rework.

Rework is relatively simple for the Ba people, because there is no particularly urgent work to catch up with the three levels, but this is not the case for the well-off. However, the situation is still grim, and the relevant spirit issued by the state and the city must also be observed, especially to spare time to stay, so it is urgent to issue a charter before the 3rd in order to resume work in an orderly manner.

When he finished these things, he found that Feng Lin was actually playing "Warcraft 3 Remake"?

"You still play RTS games?" Chu Yuanxi was surprised, there were no female players playing real-time strategy for ten years, let alone now, even male players have played real-time strategy, and e-sports has been dominated by mobas.

I saw Feng Lin staring at the screen, and said while operating: "No, I'm just curious, why this game can be so bad that the rating is less than 1 point, and why do you want to buy such a bad game." ”

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