Chapter 258 Financing (Subscription Requested)
Wanbao video is a true "gold-swallowing" monster.
Gu Miao has been raised until now, and with the increase in users, the pressure on the server has increased, and he is indeed about to lose his support.
So what to do?
It is impossible to give up drops!
It's hard to raise a platform, and it's about to be harvested, doesn't giving up now mean that all the previous efforts are lost?
But video sites are too money-burning.
Relying on Wanbao Group alone, it is difficult to independently support the development of "Wanbao Video", which is growing day by day and has increasingly serious losses.
So, under the persuasion of Mr. Xiaoxiong, Jiang Keke and others, Gu Miao finally decided to introduce a new injustice...... Investor!
The addition of the big injustice can greatly reduce the burden on Gu Miao and Wanbao Group.
And the price Gu Miao needs to pay is nothing more than to sell or dilute the shares in his hands. For him, the deal was a good deal.
At first, he wanted to find Tan Tou.
It's a pity that Mr. Tan, as the helmsman of a major Internet company, has long seen through the "video website" as a deep pit, and refuses to join in anything.
But he still helped Gu Miao.
After Mr. Tan's introduction, Gu Miao met several heads of investment banks and exchanged information about Wanbao Video with them.
These investment banks are interested.
I have to admit that Gu Miao may not be able to do anything else, but "Painting Cakes" is definitely a good hand. In his description, in the future, Wanbao Video will be like "animation Hollywood".
The scale of the global animation industry is trillions.
Even if Wanbao Video can only be divided into it, a very small piece of cake, it is not a small amount.
Boy!
As soon as the investment bank heard this, combined with the current development of Wanbao Video, they immediately felt that this deal was feasible.
The two sides hit it off.
Soon they hooked up and reached a preliminary financing intention. But on the "valuation", the two sides have a big disagreement.
"You can't do that."
As a senior, Mr. Tan told Gu Miao that if you want to get a high valuation, you must make the data look better.
Buying foreign animation copyrights on a large scale to attract more new users to register is the decision Gu Miao made in order to "brush data".
Magui was right.
If you buy the copyright like this, you will definitely lose a lot. After all, there are so many Wanbao Video members, how can you afford to burn so much money?
But the data is brushed up, and Wanbao Video has a rich copyright library and a large number of animation enthusiasts, and its valuation has gone up at once.
Come and go, it's really not a loss.
The second round of financing negotiations was soon held in the Wanbao headquarters building. After some fierce verbal fighting, the deal was finally reached at a valuation of 1 billion.
There are generally two ways to raise funds for start-ups.
One is the "cash flow", that is, the founder team directly transfers part of the equity in their hands to investors at the agreed valuation.
It's equivalent to selling shares.
Therefore, the founder team can take the opportunity to cash out and get a large amount of cash.
The other is the "dilution stream".
To put it simply, the investor's money does not fall into the hands of the founding team, but goes directly to the company's account.
The company is valued at 100 million, and the investors invested 10 million, according to the valuation, the investors get about 10% of the shares, and the founder team diluted from 100% to about 90% of the shares.
Gu Miao chose the second way.
Because he is not very short of money, but Wanbao Video is very short of money, so all things considered, it is more appropriate to keep the money in the company.
This time 100 million funds were raised.
It is expected to meet the development needs of Wanbao video website in the next year and a half. When the money is burned out, the valuation of Wanbao Video will be higher, and then another round of financing will be conducted, and then some money will be burned in the circle.
"When will you burn money?"
"Let's go public!"
Gu Miao thought for a while and then said: "When it is burned, we can properly cash out and return the capital invested in the early stage." Wait for the market value to fall to a certain extent, and then repurchase it. ”
"Isn't it always losing......"
"That's right! Video websites are like this, burning investors' money in the early stage and stockholders' money in the later stage. ”
Gu Miao nodded and explained: "But it's not a loss for a lifetime, according to the development plan I formulated, it will be almost possible to turn losses into profits in five or six years." ”
Five or six years?
Marqui pursed his lips.
When I really wait until then, I'm afraid that the daylilies will be cold. And turning losses into profits just means that the losses are over, as for how much money can be earned?
It shouldn't be too much.
Seeing Ma Kui's suspicious eyes, Gu Miao was very helpless. Of course he knew what Ma Kui was thinking, but if he knew, he couldn't be blamed.
Video sites, I know everything.
Wanbao Video is not bad, at least it is taking the "Mango TV" route, losing a few years in the front, and at least there is hope of "turning losses into profits" in the later stage.
Is it another video site?
Swung? Dream on! If you don't lose billions or tens of billions a year, you are embarrassed to say that you are a video website.
Wanbao Video's financing did not involve Gu Miao's much energy.
However, Wanbao Comics, the establishment of the "Beep Comics" website and the collection of online manuscripts for animation fans around the world, made him particularly concerned.
Beep Comics Network, the full name is Beep Comics and Serialized Reading Network.
The website is mainly engaged in comic book serialization.
There is also a light serial, but it's not a main project, at most it's an additional project.
In the comics, Nantong made an appointment with several powerful cartoonists to open a new work on "Beep Comics" and became the first batch of signed cartoonists.
"The Legend of the Fairy Tree"
It's been more than a month since the website was launched.
Judging by the current response, the situation is not very optimistic. Because the user base is too small, the income from serializing comics and light on this is too low.
Nantong was also helpless.
As a newly established website, even if it is backed by the mountain of Wanbao, it is impossible to become popular overnight and attract countless users.
This can only be boiled slowly over time.
But Gu Miao thought of a good idea, maybe he could help Nan Tong and attract a group of users for the newly established "Beep Comics".
What's the solution?
Of course, I opened a vest account and went to the website to "scatter coins" everywhere.
As a webtoon and light serialization website, Bippy Comics learns the advantages of all parties, and naturally has a "reward" function.
What Gu Miao had to do was very simple.
He just made an inconspicuous trumpet, picked a few books that were pleasing to the eye, especially those of acceptable quality, and rewarded them fiercely.
The amount must be "scary"!
[Chiba Prefecture rental house youth, relying on the Internet to serialize comics, successfully earned one million a day! ] 】
Don't you think it's hot? With topicality, and then deliberately publicize a wave, curious passers-by are not allowed to take a look or two?
I have to say.
This kind of routine, which is fast to play in China, may reap miraculous results in foreign markets, after all, foreigners may not have seen this meeting.