Donghai High-tech Zone, Baile Golf Club.

Today, several investment companies in Tokai held an event at Park Golf Club.

It's a very common activity to play ball, eat and drink, and then talk about business.

For the senior management of investment companies, it is common to invite customers to come over to play and talk about cooperation.

Today's bureau is formed by Chen Lipeng.

The best relationship with Pengcheng Capital is Dingsheng Capital.

The largest shareholder of Dingsheng Capital is named Feng Yuhai, who is also the chairman of Dingsheng Capital and the number one person in Donghai Investment Bank.

Feng Yuhai will celebrate his 60th birthday next year, and he was a partner with Chen Xingye, the old man of the Chen family, in his early years.

Later, Chen Xingye retired and handed over Pengcheng Capital to Chen Lipeng.

Therefore, strictly speaking, Feng Yuhai can be regarded as Chen Lipeng's uncle.

Of course, Feng Yuhai will not put this kind of score, there is no need.

Moreover, Feng Yuhai is also cultivating a successor now, so this golf party, he brought his son Feng Yunbin to meet the senior executives of major investment companies in the East China Sea.

"Dog Feng Yunbin, I just came back from studying MBA abroad, and I will take care of you in the future."

"Feng Gongzi is really a talent." Several investment bank CEOs smiled and complimented.

Feng Yunbin wore gold-rimmed glasses and shook hands with the investment bank CEOs present, and he was very thoughtful in terms of etiquette.

Moreover, when shaking hands, you can accurately call out the other party's name and position, obviously doing your homework before coming.

"It's a young person's world now, and returnee MBA students are different." Before Chen Lipeng came back to take over Pengcheng Capital, he also studied MBA abroad.

After carefully picking it up, Chen Lipeng was able to take over Pengcheng Capital, and he was running it well, which was already a success.

Feng Yuhai smiled and complimented: "Yunbin, you have to learn more from Mr. Chen, Mr. Chen is your senior brother." ”

"I have read Mr. Chen's classic investment case and admire it very much." Feng Yunbin arched his hand, and his attitude was very modest.

Chen Lipeng hurriedly waved his hand: "Don't dare to be, don't dare to be." ”

Feng Yuhai took his son, introduced a circle to the CEOs who participated in the event, and gathered in the private room to drink tea with several investment bank CEOs who cooperated closely.

He was the first to speak: "Mr. Chen, Dachuan Audio's acquisition this time is not very successful." ”

Although the financial problem of Dachuan Audio has not been completely solved, it has turned a profit with the sales of the Chuanliu series.

If nothing else, Okawa Audio is unlikely to go bankrupt.

Therefore, Pengcheng Capital and Dingsheng Capital's plan to swallow Dachuan Audio at the beginning naturally failed.

Speaking of the acquisition of Dachuan Audio, it is necessary to mention the relationship between Pengcheng Capital and Dingsheng Capital.

The two investment companies had a deep cooperative relationship in the early years.

Moreover, the Chen family holds 9.7% of the shares of Dingsheng Capital and is the third largest shareholder.

Feng Yuhai also has a 6.2% stake in Pengcheng Capital and is the fourth largest shareholder.

Therefore, the two families belong to a relationship of both prosperity and loss.

In the financing plan of Dachuan Audio.

Pengcheng Capital and Dingsheng Capital did not want to eat Dachuan Audio from the beginning, and the project of investing in Dachuan Audio was in accordance with the normal investment procedures.

Chen Lipeng personally went to see the factory of Dachuan Audio, and felt that the potential was good, so he decided to invest in Dachuan Audio.

However, when signing the contract, Pengcheng Capital and Dingsheng Capital played a dim sum machine and left a clause that was beneficial to the investor.

Originally, it was possible that such a clause would be discovered by the in-house counsel of the other party and then request a redrafting of the contract.

In other words, this clause was deliberately made by Pengcheng Capital and Dingsheng Capital at the beginning, in order to protect the interests of investors, and this clause may not necessarily be used.

This clause provides that the investor has the right to withdraw the capital and the amount of liquidated damages is very small.

If the legal counsel of Dachuan Audio at that time raised objections to this clause, Chen Lipeng would agree to amend it.

As a result, the legal counsel of Okawa Audio did not find the problem and signed the contract.

If the financing plan goes well, this clause will not take effect.

Until the first phase of funds was in place and Lu Jianchuan bought a new production line, everything went very smoothly.

……

It wasn't until the "Sing Out Loud" project that Pengcheng Capital lost a fortune.

In order to stabilize the company's shareholders, Chen Lipeng temporarily decided to eat the blood of Dachuan Audio, and only then did Dachuan Audio's capital chain break.

Throughout the incident, Feng Yuhai of Dingsheng Capital is also an insider.

Therefore, not eating the fat of Dachuan audio is a big loss for Feng Yuhai.

After all, for capital, not making money is losing money.

Now, Feng Yuhai once again mentioned the acquisition of Dachuan Audio, which immediately made Chen Lipeng's face a little unsightly.

"Dachuan Audio turned a profit, which is also unexpected." Chen Lipeng explained dryly.

Feng Yuhai is older than Chen Lipeng, so the shelf is also bigger, and he doesn't even mind embarrassing Chen Lipeng a little in words:

"Mr. Chen has failed several projects in a row during this time, and they all lost in the hands of the same person."

Of course, Chen Lipeng knew what he meant.

In the "Sing Out Loud" project, the loss of money is because Fang Xing.

In the acquisition case of Dachuan Audio, the failure was also due to Fang Xing's sideways intervention.

Chen Lipeng's expression was a little ugly, and he replied expressionlessly: "The opponent is really difficult to deal with, Mr. Feng, don't just let me charge into battle, when will I make some efforts?" ”

Feng Yuhai laughed, eased the atmosphere, and said, "Also, the opponent is really not easy to deal with." In the field of music, it's really normal to not be able to beat each other.

"To invest in a record company, you still have to rely on the work to speak, this is called Fang Xing, in terms of music, he does have the ability.

"The opponent has something to do, we have to admit it.

"Originally, I just thought he was difficult to deal with in music, and he shouldn't be able to play any tricks when he pulled the battlefield into business, right?

"Who would have thought that he would be able to use songs to revitalize Dachuan Audio, which really broke my business ideas.

"Mr. Chen can't be defeated, and it's not surprising, after all, a company that can continuously produce blockbusters in music, film and television is a once-in-a-century encounter."

Because Feng Yuhai is the fourth largest shareholder of Pengcheng Capital.

Pengcheng Capital loses money, that is, he loses money.

Therefore, when Pengcheng Capital and Ark Culture were in the ring, Feng Yuhai also paid attention to it.

This time, Dachuan Audio relied on a song to make the brand "Chuanliu" famous.

It really broke their original business ideas.

Chen Lipeng's expression was still not good-looking, his eyes closed lightly, and he turned his words around, and threw the problem to Feng Yunbin: "Feng Gongzi came back from studying MBA abroad, and he is a young man, what do you think of Fang Xing and Ark culture?" ”

Feng Yunbin glanced sideways at his father, and after getting permission, he said with a smile: "Actually, things are very simple, when it comes to investment, one of the eternal truths is that don't get along with money." If you can't beat it, just join, what a simple thing. ”

If you can't beat it, join in.

This is indeed very reasonable, but after listening to it, it is the same as not listening to it.

Chen Lipeng chuckled and said, "What does Feng Gongzi mean by this? Ready to work with Ark Culture? ”

Feng Yunbin smiled, and then said: "I have checked the shareholding structure of Ark Culture before, this company is a wholly-owned company of Fang Xing, and it has not been financed.

"Now the scale of Ark Culture is not large, and the valuation is not high, now is the best time to enter.

"A company can produce dozens of chart-topping songs and two hit TV series in a row, it's definitely not just luck.

"Therefore, it is better to be a partner than to be a competitor to Ark Culture.

"I have calculated that the valuation of Ark Culture will not exceed 300 million now, but in a few years, it will be difficult to say.

"In other words, it's a unicorn."

Chen Lipeng frowned, shook his head and said, "If you want to invest, you have to be willing to accept investment." ”

Feng Yunbin shrugged and said: "It depends on the ability of the bosses, Ark Culture doesn't want to raise money, you can find a way to make him think." ”

The CEOs of several other investment companies present were suddenly thoughtful.

Chen Lipeng frowned, shook his head and said: "I know the economic situation of Ark Culture very well, and their main revenue comes from the copyright income of songs and TV series.

"And these revenues don't come at a high cost.

"The songs and TV series were produced by Fang Xing himself, and the investment in TV series was thirty or forty million, and he was even unwilling to accept investment from other film and television companies.

"In this case, Ark Culture doesn't need financing at all."

Usually.

In the start-up stage, the most lacking thing for a company is capital, so it needs to be financed.

Investing in a company is to look for potential teams to invest in among many entrepreneurial teams.

Through many rounds of investment, the company will be listed from the grass team, all the way to the top, and then reap the benefits.

You can also get off the bus in the middle of the way and earn the added part of the income.

Therefore, an investment company can invest in any company, and both parties are willing.

In fact.

Investment firms receive countless funding proposals every day, and there is no shortage of companies in need of investment in the startup market.

But there is a premise for investment, that is, the invested company needs capital.

Fang Xing's Ark culture belongs to a strange company, which does not need financing, and can develop very well, and it develops very quickly.

This is completely out of line with common sense in the investment industry.

Is there no way to deal with such a company that refuses to raise funds?

Of course not.

Times are constantly evolving, and occasionally a new rising company will emerge, using a new model, to rise rapidly.

For example, the sharing concept in previous years is a completely new model.

However, sharing companies need a lot of capital in the early stage to quickly expand their scale and occupy the market.

Therefore, this kind of company needs to occupy the market by burning money, so financing is a must, and no money is equivalent to nothing.

Suppose, there is a company that rises rapidly.

Capital wants a piece of the pie, but this company does not know how to raise and does not accept capital entry.

At this time, what will the capital do?

Very simple.

Capital can invest in another team, copy the same company, quickly occupy the market by burning money, and squeeze this company out of the market.

As a result, the company could only go bankrupt.

As a result, emerging companies, for the most part, have no way of declining capital investment.

There are countless ways for capital to kill these ignorant companies.

Moreover, it is not one capital that starts, but countless capitals enter the market together and devour the company alive.

……

This set of business practices is the most conventional operation of capital.

Therefore, the CEO of the investment company present immediately thought of it, and then threw money to squeeze the Ark Culture to death, or squeezed the Ark Culture to the verge of bankruptcy, and then made a purchase.

But there is a problem here, and that is to squeeze the Ark culture to death in the first place.

It doesn't seem that easy to achieve this goal.

In fact.

Pengcheng Capital has been fighting with Ark Culture.

Whatever project Ark Culture engages in, Pengcheng Capital will invest in any project, the purpose is to knock down Ark Culture and force Ark Culture to accept investment.

However, the projects invested by Pengcheng Capital were all rubbed on the ground by the projects produced by Ark Culture.

In fact.

For capital, it is already an instinct to invest in other companies and compete with competitors.

Pengcheng Capital has already done this, but it has not succeeded.

Chen Lipeng shook his head and said, "Feng Gongzi, what do you think can be done to make Ark Culture accept investment?" ”

At this time.

Feng Yuhai interjected: "Yun Bin has only returned to China for a long time, and he doesn't know enough about the domestic business model, if Ark Culture is so easy to deal with, there is no need for so many CEOs to sit here." ”

Feng Yunbin smiled and said: "There are actually many methods, I know that there are many ways, some are ways, and one method is not working, so try them one by one." For example, taxes, business qualifications, some are means, aren't they? ”

When Feng Yuhai heard his son's words, a smile appeared on the corner of his mouth.

At home, there are too many ways to deal with competitors.

In particular, there are ways to have connections and geographical advantages.

If capital wants to kill a company, there are many ways.

Chen Lipeng smiled and said, "Mr. Feng, I heard that Ling's brother-in-law is very well-connected in taxation. ”

Feng Yuhai immediately laughed and interrupted: "Mr. Chen said that he was laughing, drinking tea and drinking tea." ”

……

This afternoon.

Fang Xing and Lu Xianger were rehearsing the program of the opening ceremony of the Olympic Games with the Dongyin No. 1 Symphony Orchestra, and at three o'clock in the afternoon, they received a call from Qiao Yinghong.

Qiao Yinghong's voice on the phone was very urgent: "Boss, the relevant departments are here to check the taxes, and the boss is better to come back." ”

Fang Xing didn't know what was going on, but tax inspection was a big deal, and once something happened, it would be a big deal.

Therefore, Fang Xing hurriedly asked for a leave of absence and returned to the Ark Culture Headquarters.

When I returned to the company, I did see that there were department personnel checking taxes.

After Fang woke up, he instructed the company owner to cooperate with the investigation.

Regarding the matter of paying taxes, Fang Xing has always taken it seriously.

After all, there are not too many stars planted because of this in the previous life.

Where Ark Culture was founded, there was no special financial department, so the tax payment was outsourced to the largest tax agent firm in the East China Sea.

Therefore, it is completely safe to pay taxes.

(End of chapter)