Wang Qinian, the helmsman of the company, before he abdicated and made way for Xian, there were some major events in the company, and he could make decisions by himself. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Don't look at the clapper board without technical content, however, for the development of a company, it may be more important than management and execution.

Who makes the decision, as well as his moral level, interests, and vision, are very crucial.

The team of professional managers is either meritorious. For example, Lenovo is a typical example of this, a bunch of large mergers and acquisitions, buying a lot of industries and technologies that are about to be phased out. In fact, it does not help much strategically at all, and it is only beneficial to the company's professional managers and management. As for the time, these mergers and acquisitions become a mess that drags down the company, and it is none of their business, anyway, the money that the company rewarded them has already been paid.

Another example is Japanese companies, many Japanese companies are not promoted because of merit, but rely on the seniority system, that is, to improve seniority and avoid making mistakes. In this way, in order to avoid making mistakes, they would rather not do any new projects and watch the company gradually fall behind than make big transformation decisions. After all, as long as they don't make mistakes, they can gradually accumulate over time and gradually get up. Once you make a mistake, no amount of credit is useless. The punishment for making a mistake and deducting points is far more than the reward for meritorious service.

This one, rewarding the company's team based on meritorious service, may cause blind recklessness. Because, the company's money is not the professional managers' own, they are only the management, not the company's boss. Therefore, spending the company's money, establishing their own merits, and long-term investment risks, even if they know, they pretend not to see it, as long as they can create good performance for them within a few years.

Based on a management system that punishes mistakes, the team becomes less and less aggressive. No one wants to take responsibility, no one dares to make decisions on major events, and they are all waiting for others to make mistakes and be dismissed. Stay free and allow yourself to move forward.

This kind of thing seems to be very easy. However, both the value of the money spent. It is also necessary to have the ability to bear the risks and consequences alone. In fact, only the soul of the company can do this kind of thing. Otherwise, it must be a thankless task.

In the United States, a series of investments and tasks were laid out, and the rest of the things. The teams of each branch can execute it.

After Wang Qinian finished his work assignment, he immediately began to return to China.

In fact, Wang Qinian was in North America during this time, but the news at home and around the world has never stopped reporting on him.

As soon as I returned to China, a bunch of media stood at the airport ready to chase after me to cover some news. However, Wang Qinian was more cunning, and in a chartered plane in the capital, only Yu Dong and others appeared.

And Wang Qinian himself actually took an ordinary flight, which made the media pounce.

The media caught Yu Dong. I can't help but keep asking.

"Mr. Yu, where are you Mr. Wang? Why didn't it appear in the charter plane, it doesn't match our information! A well-informed media reporter asked.

"Hehe, this is called not tired of deceit. Mr. Wang expected that you would be like this, so he deliberately shook a shot and jumped out of your encirclement. Yu Dong said with a smile.

"This time I went to the United States, and you bought a lot of shares of Internet companies? What is the purpose? For example, a company, its net worth is not more than $1 billion. Why are you willing to pay ten times your net worth to buy, isn't it buying a bubble? ”

"Strategic investment, business complementarity." Yu Dong smiled and said, "We can't stay in the country all the time. Rely on the domestic audience and market to feed us. As a responsible company, we take the initiative to sell our products all over the world so that foreigners can also see our works. For us, the company is not buying a big bubble, but buying a strategic partnership. And. Its industry is very promising, much more reliable than traditional TV and cinemas, maybe, it will subvert the traditional TV station in the future, at that time, how much do you say it is worth? ”

All of a sudden, the media people present were stunned, and they realized that this could be played as big news. Yes, what about Internet video sites that have subverted traditional TV media?

Imagine how big the market for American TV media is right now?! With a huge market of hundreds of billions of dollars every year, the top five large television media have a market value of more than tens of billions of dollars. To subvert means to replace.

For example, after touchscreen mobile phones subverted traditional feature phones, Apple's market value has also increased from billions of dollars to hundreds of billions of dollars.

Basically, Apple's growing market value is the evaporated market value of traditional mobile phone manufacturers such as Nokia, Motorola, and Blackberry.

At the beginning, when these mobile phone giants were glorious, their market value reached more than 200 billion US dollars, and the profits they made in a year were even larger than the total market value of the company now.

Suppose that we have eliminated the traditional TV media and reshuffled the pattern, even if we cannot monopolize the new market. But if you really want to kill the TV media cleanly, the market share you have grabbed is hundreds of billions of dollars in the cake. Even if you eat only a tenth of the cake, it is tens of billions of dollars in revenue, enough to support a huge media empire.

Is there a realistic basis for this prospect? Yes!

After all, the market share of television media and the average amount of time viewers spend watching TV are declining all over the world.

The traffic of video websites has been growing, and the growth of these market shares is largely due to the hands of traditional TV media.

Just imagine, how valuable is it to be able to publish a steady stream of works on a platform that has an advantage in the U.S. market?

This is likely to be much higher than the box office share and royalties that Hollywood earns from the Chinese market every year! After all, the number of Hollywood movies is limited, and the number of movies that are shared at the box office every year is just over twenty. Other films, instead of taking the box office sharing model, have relatively weak bargaining power, and are bought out of the copyright by video websites or other institutions in a very cheap way.

The copyright of the partner company can be sold through channels, and it can be divided into five points. If you sell $100 million, you can get $50 million in shares. In essence, the investment of 1.3 billion US dollars, after deducting taxes, basically sells a total of 3 billion US dollars of film and television copyrights in the United States, and you can rely on copyright sharing to recover this part of the investment.

What's more, assuming that the partner company can sell $3 billion of content on the platform, then I am afraid that the stock price will rise and the market value will increase far more than the performance of copyright sales.

This kind of sunrise industry, which is optimistic about the prospects, shows a little beautiful performance, which is enough to make the stock price sky.

"We also want to buy some mature traditional media and companies, but even if we buy them at the current market value, we may not be able to buy them." Yu Dong said with a smile, "So, by buying this kind of growth company, we can not only share its growth in equity and assets, but also share the growth dividend as a partner!" What's more, we have similar premium video sites ourselves, but it is more difficult for us to replicate our domestic sites in the United States and overseas. However, it was not much difficult to participate in shares, and it did what we originally wanted to do. In the future, the content platform of the small partner company can use this way of equity investment to distribute at home and abroad, online and offline, and strive to have no dead ends in the distribution channel. ”

……

After Yu Dong was interviewed by the media, a series of articles began to appear in the domestic media - "The Territory Construction of the Little Partner ********"!

In the article, from the standpoint of China, it tells about the cooperation of small partner companies over the years. From the domestic hard work, Hong Kong's capital market has begun to show its edge, creating the myth of Golden Harvest Entertainment's thousand-fold growth.

Then, taking advantage of the downturn in the global capital market, it took a controlling stake in IMAX and entered the upstream of cinema line technology. At this time, he made another move and took a stake in the American streaming site. In addition, people began to analyze that the small partner company even laid out the Vietnamese market, Vietnam's largest Internet giant, in the early years by acting as an agent for the small partner company's games, so far, the small partner company is also an important shareholder of this company.

In terms of the Japanese market, the partner company quickly opened up the situation by laying out the mobile game and mobile Internet reading and music markets, and teamed up with SoftBank. At present, the market valuation of the Japanese company is 5 billion US dollars, and the small partner company owns 75% of the company's equity, and 20% of the equity is obtained by SoftBank with a capital of 1 billion US dollars.

The bull stocks that have begun to show their edge in the Japanese market have actually participated in the shares of small partner companies. Originally, it was an unknown company, but since the beginning of 2012, a mobile game "Wisdom Dragon Maze" has been released since the unprecedented speed and popularity in Japan. In half a year, it has attracted tens of millions of players to download, and the turnover of the game's recharge payment has repeatedly shaken the market. This company was invested by a small partner company last year!

This super ******** is growing at an almost lightning rate. Moreover, it is not blindly throwing money at the loss of gun market share.

In fact, not only did you not lose money, but you were able to make money from these investments. Occupy the market and make money!

This kind of investment ability is very rare in the world! (To be continued.) )