Chapter 48: Refinancing
"Cultural heritage?" Chu Zhixiang said with words in his mouth.
"Your book is children's literature, and you must remember how sensational it was, millions of copies were not a small number, and cartoons influenced generations. It's a heritage, a legacy that belongs to us, like Disney's Donald Duck and Mickey Mouse, MGM's Tom and Jerry are classic cartoon characters, they have been passed down for almost 70 years, and they are still loved by adults and children alike.
Why do our cartoon characters have to be buried deep in memory? What are kids watching now? Slam Dunk, Conan, Teenage Mutant Ninja Turtles, and Transformers are all foreign, what else do we have besides having a Journey to the West that is constantly being remade? ”
Chen Bo's words were deafening, and Chu Zhixiang was quite excited after listening to it, "This is our children's literature author who has not fulfilled his responsibility." ”
"There was indeed something wrong with Meiying back then, but at that time, it had just been reformed and opened up, and the awareness of copyright was still weak, which not only affected your reputation but also suffered financial losses. You can rest assured that as long as I am here, the copyright fee will not be less than a penny from you, including making up for the current year. I still hope that you can come back to the mountains and let the children of our country see our own excellent cartoons. ”
"Money is a trivial matter, the things of the year have passed, don't mention it again, I'm not a businessman who smells of copper." Chu Zhixiang said with a straight face.
"Of course, you are the income of your labor, and you deserve it, without your ingenious ideas, how can you come to life as a black cat sheriff."
"You young man, you have such a three-inch tongue, you hold me so high, and you are not afraid of falling down and killing you." Chu Zhixiang was already smiling at this time.
"No, no, I'm young and strong, and I'm willing to be this pad."
"Then I'll give full play to my spare heat, it's all for the sake of the children." Chu Zhixiang seemed to be rejuvenated with youthful passion at this time.
"Old Chu, I think Director Dai will still be the executive director in this series, I don't know ...... you," Chen Bo hesitated.
"Haha, you want to say that I contradict him! What year was that? 87 or 88 thing, we have long shook hands and made peace, and now there are still occasional contacts, not as narrow-minded as you think! Chu Zhixiang said heartily.
"Ahem, I'm not worried, Director Dai was indeed treated unfairly back then, and now he is closed to no guests."
"As long as this is a good thing for the benefit of the country and the people, Lao Dai will leave it to me to persuade him, and you won't break his heart again this time."
"We're asking God now, how dare we!"
said that the original creator moved, and the next thing was much easier, and it was impossible for Chen Bo to bring the agreement contract with him, but he also gave enough promises. Not only has it been authorized to produce the animation of "Sheriff Black Cat", but it has also obtained the publishing rights of the children's literature of the same name, and when the time comes, it will still be possible to make the brand bigger with both directions.
After solving the problem of the sequel of Sheriff Black Cat, Chen Bo and Qian Shunping visited other old directors and artists of other American studios one after another. For example, Yan Dingxian, the director of "Little Tadpole Looking for Mother" and "Nezha in the Sea", Qian Jiajun, the director of "Shepherd Flute" and "Nine Colored Deer", and Hu Jinqing, the director of "Ginseng Doll" and "Hulu Brothers". Each of the works represents the pinnacle of domestic animation and is an indelible mark.
How to put these classic works back on the big screen and tap their greatest value has become a problem that needs to be solved in front of us.
DreamWorks' technology can help Meiying improve the production level of computer animation in the short term, but it can't create content for you, Meiying's glorious history itself is a treasure trove, Chen Bo spent a lot of money to buy it, and he can't let them all rot in the warehouse.
Invite these directors, screenwriters, and producers of the older generation together, and solve the problem together, and talk about the follow-up development by the way. The United States Film Studio is not only the glorious history of domestic animation, but also their dedication to youth, this symposium is scheduled for July, arranged and organized by Qian Shunping.
Chen Bo is now very busy every day, and since he came back, all plans have been under intense arrangement and planning, just like a summer movie, which will be released in turn.
Dingdong's account is about to bottom out again, and e-commerce, a money-burning business, consumes traffic and cash.
What to do? The simplest and most violent way is to find venture capital, Chen Bo no longer plans to continue to use his company's money to smash it, and if he fills this bottomless pit when he is already not making much profit, he will be dragged to death.
IDG Capital Xiong Xiaoge, Softbank Saifu Song Anran, and Legend Investment Zhu Linan all sat together, and Chen Bo talked eloquently in front of these old acquaintances.
"Ladies and gentlemen, the e-commerce industry was not only deeply affected by the general environment three years ago, but also restricted by various conditions, but now it is different.
In the warehousing link, we have the 2,000-acre operation base "Asia No. 1" next to Pudong Airport, which is also the world's largest e-commerce warehousing center.
In the logistics link, we have a controlling stake in Nebula Express, and charter 5 flights with China Eastern Airlines Group, connecting the north and south, and currently covering the three major economic and industrial belts.
In the online payment link, we have Ant Pay, which has reached cooperation agreements with ten large banks, and is also negotiating access agreements with MasterCard, Visa, Express and JCB credit card organizations, and our goal is to recreate a PayPal in China, and to give more functions.
Dingdong C2C transaction, excellent mall B2C dual mode, two-pronged! In the fight against the SARS virus, I believe you are also well aware of it, and now we are second only to eBay and Taobao in the e-commerce market, with a market share of 17% and 12 million registered users, ranking third. But we have search tools, live chat software, email and browsers, all of which drive constant traffic to our website platform. ”
Several people nodded frequently, after eBay became the owner of eBay, it did not set foot in the B2C field, and the C2C side did not hold its advantage, but was continuously conquered by Taobao and Dingdong, and lost a good game.
Ma Yun has Alibaba's B2B link to large and small business owners, occupying the advantage of supply, solving the problem of personal supply of Taobao sellers in the short term, coupled with more down-to-earth promotion and operation, and now also online the third-party network payment product Alipay, aiming at a larger market, but also a firm foothold.
Amazon's Dangdang has not yet been rectified, and the future is unknown.
Two of them are American giants, Alibaba's backers are SoftBank Capital and Yahoo, and even if other investors want to get in, they won't have much meat and have to throw a lot of money, and they may not really be able to squeeze in.
Dingdong is different, it has a good cooperative relationship, Chen Bo's operational ability is convincing, and the product resources are no worse than others, and the plan is very large, and the future development prospects are broader, they are not interested in making a small fuss.
CEO Chen Nian then showed the detailed data of the website, including user stickiness, transaction volume, transaction frequency, browsing time and future planning and development.
As the market value expands, their investments are also profitable, and they can find a next home to transfer out regardless of whether they are listed or not.
Venture capital is venture capital, and if you don't have the spirit of adventure, don't play at all.
"I'm interested, and IDG leads the pitch no problem." Xiong Xiaoge took the lead in clapping the board, grabbing a piece of meat first.
"Mr. Xiong, what's the hurry, our Softbank SAIF is not bad for money." Dr. Song Anran said happily, "I didn't say that the financing is small, I only invest in large projects!" ”
Yes, the two of them are still on the bar, Chen Bo saw it in his eyes, and said with a slight smile, "Of course, I don't need financing for a little money." 15% of the shares, a total of 100 million US dollars of financing, a few of you look at the discussion, my credibility is the guarantee, and I will definitely not lose a few people. ”
"What? It's only 15%, and you still want us to share it? Xiong Xiaoge was a little dissatisfied.
"yes, that's too little." Song Anran also felt a little unfair.
"It's a lot, guys. Last year, BP Capital invested $50 million in Series A to get 30%. I didn't want a fund to grow bigger, so I rejected them this time, otherwise they would have paid $150 million. "Chen Bo made a move to provoke the method, anyway, you can guess for yourself.
"It's still a little little, give another 5 points, it's 5 points!" The bear pigeon said urgently.
Chen Bo was silent, pretending to be contemplative, pacing around the venue a few times, and they were all distraught, before he said, "It's not impossible to get more equity, don't you still have shares in Maidong Music, you can replace them at an equivalent price of 1 to 1, and you will definitely not lose." ”
"I agree!" Song Anran immediately expressed his position.
The largest shareholder of Mai Dong is Legend Investment, with 22%, followed by IDG with 11.5%, and the least is SoftBank SAIF with 1.5%, which of course he agrees.
Although the user scale of the music website is not small, the profit model is still relatively vague, which is nothing more than advertising plus MP3 income. But the prospects of e-commerce are obviously broader, just look at the market capitalization of Amazon and eBay, which is tens of billions of dollars.
Dingdong is to create a combination of the two, and has its own warehousing and logistics system, coupled with the huge base of 1.3 billion people in China, the market prospects are broader than that of 230 million Americans.
"Well, that's fine." Xiong Xiaoge touched the stubble on his chin and thought about it and agreed, "I'll just change it to 5 points." ”
Zhu Linan also stated that he changed 2 points, and 8.5% of the shares of Maidong Music were returned to Pangu.
This financing is still Softbank SAIF finally won, the total amount of 100 million US dollars is not a decimal, IDG has invested in many industries, they have always liked small investment, they come up with such a large amount of money is obviously stretched, Lenovo Investment is operating with its own funds, so it is even less, Kankan can obtain 2% of the shares, adding up to 4%.
So far, SoftBank and IDG each have 10% of the shares, ranking behind BP Capital and before Ant.