Chapter 541: The value is amazing

The reception room was silent, as if for a moment there was silence, and Lloyd Blankfein looked at Ronan and realized that he could not find out what the young man was thinking.

Most entrepreneurs, wanting to make the company grow, desperately seek the support of investment banks.

According to Goldman Sachs' assessment, Ronan Anderson is also in the entrepreneurial stage, but his composure and shrewdness far surpass his peers.

He seems to believe that he doesn't need the support of investment banks to make the company bigger.

But if you think about it, it seems that this is how relativistic entertainment developed.

From a video tape production company with little value to speak of, in just five or six years, it has developed into one of the few large-scale entertainment conglomerates in Hollywood today.

Even in terms of the film business alone, it can wrestle with the bottom of the six major Hollywood companies.

Perhaps it was these that gave him plenty of confidence.

Ronan doesn't have much affection for Goldman Sachs, including other Wall Street peers, who are commonly referred to as vampires, and certainly doesn't have a bad feeling, which is a normal product of business development.

They have huge funds for enterprise development in their hands, and how to deal with financing and benefit distribution is the primary problem in cooperation with investment banks.

It is not appropriate to take the entire Relativity Entertainment Group to cooperate with investment banks, at least at this stage.

But there is a company that wants to become bigger, and the amount of capital needed is huge, and it is impossible to rely on relativity entertainment blood transfusion alone.

Ronan spoke slowly and asked, "Lloyd, have you heard of Netflix, which is owned by Relativity Entertainment?"

Lloyd Blank Fein nodded slightly: "The company that specializes in Internet DVD rental and sales, and recently launched video and Internet social features?"

Although he is not particularly familiar with these new businesses, Lloyd Blankfein has seen some of them from the Goldman Sachs survey report.

"This company is growing rapidly, the business is completely independent from Relativity Entertainment, and the development of Internet companies is different from that of film and television companies, and the return on investment requires a longer cycle," Ronan said. ”

Lloyd Blankfein didn't say anything, but agreed with Ronan's point of view, how many of these Internet companies are profitable today? Wall Street invests in them, more with an eye to the future.

Nowadays, even conservative investors can be sure that the future belongs to the era of the Internet.

"Since last year, Netflix's business volume has increased dramatically. "In the second half of this year, Netflix launched a new video and social function business, and there will be new businesses next year," Ronan said unhurriedly. ”

Hearing this, Lloyd Blankfein couldn't help but ask, "You want Goldman Sachs to invest in Netflix?"

Ronan pondered for a moment and said, "I want to run Netflix's IPO financing. ”

"I see. Lloyd Blankfein nodded: "Working with Goldman Sachs?"

Ronan spread his hands and said, "Goldman Sachs is one of the largest investment banks on Wall Street, and it is also the ideal partner to work with. ”

Lloyd Blankfein stopped talking: "Netflix ......" he finally said: "I don't know much about your company." ”

Ronan said simply: "Let me tell you a statistic, Netflix currently has more than 12.5 million registered users, and this number is increasing at a rate of more than 100,000 every week. ”

Lloyd Blankfein gasped: "More than 12.5 million registered users?"

This number of users is quite staggering, and Amazon, which has been listed and its stock price is steadily rising, seems to be at this level, right?

"Netflix will launch a new business next year, which will be as attractive as Netflix is today. Ronan looked at Lloyd Blankfein and found that he didn't know much about Netflix, so he could only say simply: "By this time next year, the number of registered users of Netflix, the most conservative projection, will be close to 18 million." ”

He said slowly: "On the Internet, users are the foundation of everything. We all know that the future is an era that belongs to the Internet, and our life, work and social interaction are inseparable from the Internet. Netflix has been ahead of everyone in terms of internet socialization, and I am very confident that no other company will surpass Netflix in this area for at least two decades. ”

Anyway, bragging and not having to pay taxes, Ronan said with peace of mind: "And Netflix is deriving a lot of new functions on the basis of its existing business, which I can't elaborate on, it is a trade secret." ”

Lloyd Blankfein thought in silence for half a minute before he said, "Ronan, what do I have to your Netflix...... No, Goldman Sachs doesn't know enough about your Netflix, and I can't give you any answer. ”

The value of the more than 10 million users represents is amazing, and Lloyd Blankfein is very clear about this: "But I can tell you that Goldman Sachs will conduct a preliminary investigation of Netflix, and we also hope to cooperate with Netflix, Goldman Sachs has very rich experience in IPO operations, and we have a basis for cooperation." ”

Ronan smiled and said, "Hopefully we have a chance to work together." ”

Lloyd Blankfein stood up and shook Ronan's hand: "I also hope that Goldman Sachs Group can join forces with your company. ”

Ronan gave Lloyd Blank Fein all the contact details of Mark Randolph and Robert Iger before he left, and Netflix is already preparing for the IPO, and this preparation period can be as short as a year or as long as several years, which is very normal.

If we can cooperate with Goldman Sachs, it is bound to speed up this process.

But it won't go public before 2005 at the earliest, and Netflix needs time to launch new businesses and show its capabilities in order to give people investment confidence in the future.

As for Netflix's post-IPO stakes, Ronan's idea is to emulate Steve Jobs and Pixar Studios.

In other words, even if Netflix IPO, it will be under the control of him and Relativity Entertainment.

After sending off Lloyd Blankfein, Ronan just wanted to call Robert Iger, after all, Robert Iiger was more professional in terms of company operations, but Avi Aradd, who had gone out to make an extra-long call, suddenly reappeared.

"Sit, Avi. Ronan greeted warmly in the reception room: "I thought you were gone." ”

Avi Arad said: "There's something I want to talk to you about. As the number of interactions between the two sides increased, and they became familiar with each other, he first explained simply: "I used to ask Goldman Sachs for investment in Marvel Comics, so I know Lloyd Blankfein, he suddenly found me yesterday, as the introduction of your meeting, they are all from the New York business district, I can't refuse, but don't worry too much, I'm just introducing you to each other." ”

Ronan naturally doesn't make decisions about the company casually because of the existence of Avi Arad, but he is more concerned about the other point in Avi Arad's words: "You got investment from Goldman Sachs?"

Avi Arad shook his head slowly: "No, Goldman Sachs Group thinks that Marvel has no investment value, because the copyright of any well-known superhero is no longer in the hands of Marvel." ”

As he spoke, he looked at Ronan, and now he was sure of one thing, he was completely pitted by the entertainment of relativity.

After the success of the "Spider-Man" movie, if Marvel Comics takes out a mortgage from a bank or an investment bank such as Goldman Sachs, the copyright of those superheroes can definitely be exchanged for more money, and it is not impossible to get hundreds of millions of dollars.

Ronan asked tentatively, "Marvel Comics are not in a good situation?"

It's not a secret either, Avi-Arad nodded very dryly: "It's not going to be bankrupt, but it's not much better." ”

"Is that so?" Ronan said seemingly casually: "Avi, have you ever thought that in this era, the entertainment industry is developing towards a group, and a strong alliance is the right way, and Marvel Comics may need to find a collaborator." ”

Avi Arad is not stupid and asks, "Who are you looking for? Who wants to work with Marvel Comics? Ronan, your Relativity Entertainment Group?"

Ronan smiled: "If you are willing to join the Relativity Entertainment Group, I personally raise my hands to welcome you." ”

Avi Arad sighed, "It's not for me to decide alone. ”

Some words should be said in moderation, and Ronan turned to ask, "By the way, you just said that you had something to do with me?"

"Something very important for you. Avi Arad said very seriously: "I have a request, the Marvel superheroes in the hands of Shahai Entertainment, you must be cautious in adapting the movie!"

Ronan looked at Avi Arad, the CEO of Marvel Comics, with less hair and a shinier forehead than the last time they met.

Marvel Comics is really hard in this era.

is a good personable middle-aged uncle, who was stunned and boiled into a Mediterranean greasy man.

Seeing that Ronan didn't respond, Avi Arad hurriedly said: "After the success of "Spider-Man", I thought that the era of Marvel had come, but it was an illusion after all, Peter Parker is the most popular superhero in Marvel and does not have universal significance. ”

Ronan sighed secretly, it was Avi Arad who urged him to adapt the movie two years ago, and now it is Avi Arad who is cautious, the CEO of Marvel Comics, who is really not good.

"This year, Marvel has two superhero movies that have failed. Avi Arad seems to have lost most of his spirit: ""Daredevil has lost all its word-of-mouth and box office! "Hulk" has also lost its word-of-mouth and box office!"

He was extremely sad: "It's okay if "Super Daredevil fails", after all, it is not a first-line superhero, but the failure of "Hulk" is too big a blow to Marvel, and the current Marvel Comics can't afford to experience another painful failure." ”

Ronan thought for a moment and said, "Avi, I've always been a fan of Marvel, and I understand what you're saying. Here, I can assure you that if you are not very sure, Shahai Entertainment will definitely not start the Marvel superhero movie project. ”

Avi-Arad said sincerely, "Thank you, Ronan, thank you for your support. ”

Ronan took the opportunity to politely say a few words, of course, Shahai Entertainment will not quickly start the Avengers plan, otherwise Marvel Comics is very likely to change the predicament, which is inconsistent with Relativity Entertainment's plan.