The entertainment industry shouldn't be like this

Chapter 231 She Can Always Create Miracles
"So, those old foxes from the venture capitalists have grabbed your vitals and used their nirvana - beauty trap?"

Weibo Technology, in Wang Wei's office, Wang Chuanqi looked at Wang Wei who was buried in the document with a half-smile.

As Dunhuang is a shareholder of Weibo Technology, Lao Wang naturally also has to pay attention to this round of financing. As soon as Shen Zhenyi informed Pengcheng Venture Capital of the "beauty trap", he understood what the other party was planning.

"Those old foxes are thinking about how to persuade people to invest or accept their investment every day. It's strange to have so many tricks."

Wang Wei said without raising his head while reviewing the documents.

Although Weibo Technology no longer needs to flick, er, tell a good story to impress investors and complete financing.

However, in order to obtain the highest possible valuation, Weibo Technology did not just open its mouth, but it still needs to come up with some real materials——

Unlike investing in the stock market, most new Internet companies have no profits or even turnover to speak of, and their valuations cannot be measured by the traditional price-to-earnings ratio or discounted cash flow.

The key is to look at the company's development prospects in the next few years and where the company has developed so far—how much revenue can Weibo Technology's new profit model generate?How to gradually expand after getting the investment?Even including when is the plan to prepare for the listing, so that investors can get a return?

These materials may not be released to the public, and not every investor believes in the blueprint drawn, but if you don’t have a statement on paper, VCs can’t even convince their own investors.

Without Wang Wei's review, these materials can't really be sealed and finalized, so the number of documents that need to be reviewed by him has soared during this period.

However, Lao Wang didn't have the slightest sense of disturbing others, and said with a strange expression on his face: "If they know that they are your most wanted target, will they regret 'leading wolves into the house'?"

"No, I was the one who was calculated. How do you make me look like a big villain? Besides, Xiaozhen became a partner, so why is it 'leading the wolf into the house'?"

Wang Wei finally raised his head from the sea of ​​books and literature, rubbed his forehead and said.

Lao Wang said in a relaxed tone: "Come on, dare you say that you are not happy with this?"

"Uh, isn't this a bastard's advantage." Wang Wei pouted and said.

——Well, Pengcheng Ventures is indeed at the top of his financing list.

The reason is that a series of Internet companies previously invested by this venture capital have a high degree of matching between genes and Weibo technology.

The history of Internet development in another time and space proves that every Internet giant is a tentacle monster, and likes to take all possible paths and enter all possible fields.

If you don’t fight for territory, others will come to grab your territory. To some extent, the competition on the Internet is more cruel than in traditional industries—there may be only one winner in a field, and the rest are cannon fodder.

But "turf grabbing" is also an art.

——The fat penguin from the other world, through imitation and plagiarism in the early stage, took advantage of the powerful traffic to act as a spoiler, predator and terminator in the industry, leaving other companies with nowhere to go, and finally had to fight against the pressure of both swords and swords The next transformation is also vivid.

In contrast, the fat penguin changed from no grass growing everywhere in the later stage to a competitive strategy of spring breeze and rain to moisten everything. This is the path Wang Wei planned for Weibo Technology——

Invest or acquire emerging players, and open the interface of instant messaging tools to them, so that they can grow rapidly with the support of huge traffic, and build a prosperous ecology together.

Of course, not all companies are able to expand their business through investment or mergers and acquisitions. After many companies acquire new businesses, they not only fail to achieve 1+1>2, but even 1+1<1.

Looking at the successful and failed mergers and acquisitions of Internet giants in the other world, the most important thing is to find companies whose genes match their own, rather than companies that can simply expand the market.

From this point of view, among the many well-known venture capitals in China, the high-tech companies invested by Pengcheng Ventures have social attributes and can enhance the competitive advantage of Weibo Technology through mergers and acquisitions or investment. The number is the highest and the quality is also the highest.

The problem is that Pengcheng Venture Capital never thought of Weibo Technology, which still needs financing and development, and has already thought about buying it, so naturally it is not aware of its own advantages.

Of course, after resorting to the beauty trap, it is not difficult for them to know that they have an advantage-they have no doubt that Shen Zhenyi will communicate with Wang Wei first, and if Shen Zhenyi finally agrees to be a partner, it is equivalent to Wang Wei releasing them. There are positive signs.

"So, these old foxes are more cunning than each other." Wang Wei cursed with a smile.

Old Wang said with a smile, "How cunning they are, didn't they give you a chance to break into the interior?"

Old Wang naturally knew Wang Wei's long-term plan, and he turned his eyes and thought about it, and he also understood Wang Wei's good plan.

In any case, it is definitely more beneficial to promote Weibo Technology's investment plan if there is one of the venture capital partners.

The most beautiful thing is that this is a bargain offered by the other party.

"The only question is, is Xiaozhen interested in the position of venture capital partner? After all, the job at hand is not easy."

Lao Wang didn't know Shen Zhenyi's thoughts yet, and expressed doubts similar to those of his agent.

——If it’s just a name, it’s too much for the old foxes of venture capital to take advantage of it!

And Wang Wei didn't need Shen Zhenyi's accurate words, but he also knew the other party's answer——

"Don't worry, Xiaozhen is definitely interested—it's not that she wants to prepare an extra escape route for herself, or how ambitious she is, she just likes new challenges, just like she likes acting and producing..."

Perhaps in everyone's eyes, this little girl's career ambition should be very high - she was not satisfied with becoming a movie queen at a young age, and joined the ranks of producers, but Wang Wei understands that her starting point for everything is It's because I like it, and then I do it.

She likes acting, playing roles that make her feel different shades of joy and pain; she likes producing films, turning an idea into a movie, and reaping box office and praise;
In other words, she likes the feeling of creating miracles—using the most daring techniques to achieve the most brilliant achievements, surprising everyone!
Although in the eyes of many people, Wang Wei is also the same type of person, but Wang Wei, who is not sure, not sure, steady like a dog, is not as brave as his girlfriend.

As these thoughts flashed through his mind, Wang Wei couldn't help but smile self-consciously, half doting and half proudly saying, "She, she can always create miracles for the career she likes!"

——Damn, if it weren't for the accident, the beauty tricks of those venture capital old foxes targeting this love dog would be extremely lethal!

At least that's what Lao Wang, who was eating a mouthful of dog food, thought so.

……

(End of this chapter)