My Age of Investment
Chapter 670: Alone Better Together
Chapter 670
"adjust?"
White’s eyes on Gao Lili are very sharp, “The concept of Internet celebrity brokerage companies has not yet fully matured, and it is still unknown whether the business model will be established.”
White looked at Xia Jingxing again, “You’re welcome, I hope you don’t mind Darren. The outside world has always had doubts about the business model of oil pipelines. Countless scholars and industry experts are not optimistic about the long-term operation of oil pipelines.”
Xia Jingxing did not expect that the other party would even burn the fire on him, and smiled, "Yes, there are bad-mouthing remarks in the market, thinking that we can’t be between the user experience, copyright protection, advertisers’ needs, and our own profitability. Find a balanced operating model."
Xia Jingxing's tone of speech is downplayed. In fact, he is extremely disdainful of these experts in his heart.
Nowadays, there are a lot of bad comments about the oil pipes in the market, and many people just follow behind, and they don’t think about the deeper things.
200 million users cannot make a profit, what about 2 billion users?
Facebook's current advertising technology is not strong enough, and there are not enough advertising partners. What about five or ten years from now?
Of course, these beasts are right. The video is a money-burning gadget.
Internal calculations have been done in the oil pipeline. It is estimated that by the end of the year, monthly bandwidth and server expenditures will exceed 30 million US dollars.
However, YouTube’s monthly advertising revenue is far from the US$30 million figure, and half of it is divided among content creators.
The increase in platform users and the increase in daily uploads of videos can increase advertising revenue, which also means that bandwidth expenditures have to increase.
Whether can break even, it depends on which of the two indicators grows faster.
The foreign girl once asked the financial department to make a calculation, and it is expected that the revenue will be balanced in three years. She also happily sent the report to Xia Jingxing, and he could only laugh without saying a word.
He can say that the tubing is a loser, but others can’t.
Singing bad news every day, that will affect the overall valuation of Facebook and the development of its business plan.
Xia Jingxing looked at White with a smile, "If you don't think the oil pipeline can continue to operate for a long time, why invest in Lilith?"
White was in awe of Xia Jingxing’s strength, but he had his own stand, shrugged and said: “Venture investment, how can it be possible to take no risk at all.”
Daniel came out to help: "Yes, Lilith has created a new business model. This is worthy of recognition.
But the birth of any new business model is accompanied by countless risks, because there is no experience to learn from, and no case can be compared.
Our two institutions are willing to take a risk, but we also hope to control the cost of the risk.
I hope to understand this. "
To speculate is to speculate, but also to take risks.
Xia Jingxing smiled lightly. He didn't go to expose the two. Lilith's current size is still small, and it can be regarded as a rare target on the market, but because there is no way to follow, many big capitals are still on the sidelines, or look down on it.
Internet celebrity brokers are not yet a very popular track.
When the previous life was hot, even Disney couldn't help but join in the fun.
But at the moment, Internet celebrity brokers are still wild. As a pioneer, Lilith must tell the capital story well.
Shen Xinyi said lightly: "Lilith was born on the tubing, but our business model is not limited to tubing.
Take the rapper Brian as an example. If we use the YouTube platform to build him into an Internet celebrity with tens of millions or even hundreds of millions of subscribers, I believe the three major record companies will be interested in him. "
Daniel smiled and said: "Amanda, I understand what you mean, but I want to say, if Brian is really hot, then soon, his record management contract will be taken away by CAA.
Compared with the behemoth CAA, Lilith is just an inconspicuous ant. "
Korryeo snorted, “CAA hasn’t been slowly developed from a small company. Who has been born as a big company? If Lilith can mass-produce internet celebrities, no one can ignore our existence.”
"Many things in Lilith's company are still immature and are still in the verification period. Lilith, don't be too confident, it will only blind your eyes."
Realizing that the tone is a bit too heavy, White eased his tone again, “Our two companies have rich resources and experience in the entertainment industry, and we are willing to use the resources and experience in our hands to help Lilith improve the business model.
This is a mutually beneficial thing for the three of us.
So, Lilith, you should carefully evaluate our cooperation. "
Daniel nodded and smiled.
The two veterans resolved the advantage of Gao Lili in a few words, and the offense and defense changed in an instant.
Xia Jingxing was silent, watching so quietly, he didn't plan to help, he wanted to see how the two girls deal with it.
"Lilith expects to achieve a multi-million dollar revenue target this year. Without considering expanding operations, we can even achieve positive operating cash flow this year."
As soon as Goryeo’s voice fell, White nodded, "Very good, very remarkable. It has only been more than a year since its establishment, so I can support myself."
"but……"
White smiled and opened her hands, "If Lilith does not develop quickly, your opponent will soon surpass you, Lilith will never be able to become a big company."
"Mr. White, what you said is too absolute!" Gao Lili's face sank.
"I’m never alarmist. With the help of capital, we can quickly grow a company. This is an iron law! This is especially true in the 21st century when information is highly developed and there is no information gap."
White squinted at Gao Lili. He still admired the Chinese girl very much, but she was a bit too immature, and he led her by the nose in a few words.
Xia Jingxing squeezed his eyebrows. He couldn't say that he was disappointed with their performance, but he still felt that he did not meet his psychological expectations.
I thought about it again. They only graduated from college this year and started their business for only one year. It is estimated that they can only reach this level, and it takes time to settle.
Shen Xinyi saw that Gao Lili was gradually falling into a disadvantage, and she was a little anxious in her heart. She had an idea, and said: "Mr. White, you forgot, Darren is the co-founder and major shareholder of Lilith."
Shen Xinyi's speech made White a little surprised. He remembered that this girl talked very little, and was a little introverted and shy.
"I didn't forget! But that doesn't explain much."
White looked at Xia Jingxing, "Daren, would you let the oil pipe tilt resources to Lilith just because you hold shares in Lilith?"
Xia Jingxing was not taken into the pit, and replied with a smile: "Lilith is a strategic partner of Youtube, and an online celebrity brokerage company supported by Youtube. Christina has repeatedly named Lilith on the board of directors."
His meaning is very clear, even if he does not engage in insider trading, Lilith's position in the eyes of the Youtube management team is very important.
Shen Xinyi understood, and then continued: “Tubing spent a huge amount of money to create a creative space in Los Angeles. Lilith was the first online celebrity brokerage company to settle in, and the video bloggers we signed occupies half of the space there.
Lilith is currently the fastest growing and best online celebrity brokerage company.
Tubing can develop into a tens of billions of dollars, hundreds of billions of dollars of companies, Na Lilith is at least a billion dollars of companies. "
White shook his head and laughed, "But all of this is based on the oil pipeline, and it shares the same destiny with the oil pipeline. This is not like a company that can develop and grow independently."
Shen Xinyi replied unhurriedly: "But this model of Internet celebrity brokerage companies is inherently doomed. Lilith needs tubing, and tubing also needs Facebook, just like Hollywood does to CAA.
Mr. White, do you think CAA can survive without Hollywood? "
White laughed blankly. The other party's example really made him speechless.
Shen Xinyi continued: "Even Mr. Bill Gates is a fan of Tubing, and he made Microsoft invest hundreds of millions of dollars in Tubing (Facebook).
Do you think our richest man is not good-sighted, or is he keen-sighted?
You invest in Lilith, which is equivalent to making the same choice as Mr. Gates.
Of course, the biggest piece of cake came into Mr. Gates’s mouth.
If Mr. White feels that the profit is not big enough, I suggest you invest in Facebook (Tubing).
Daren is here today, you may be able to talk to him later. "
White laughed loudly, and looked at Xia Jingxing, "Dalun, will Facebook accept investment in the near future?"
Xia Jingxing smiled happily, “Of course, we are planning to complete a new round of financing with a valuation of 30 billion U.S. dollars.
If Mr. White is interested, I can reserve a seat for you. The share of 300 million and 500 million US dollars is easy to discuss. "
White smiled, and he was already cursing in his heart. They are not a big fund. They invested in early projects and couldn't participate in such a big case.
However, being reminded by Shen Xinyi, White also wanted to understand a lot, and raised the upper limit of Lilith's evaluation.
The one that moved him most was the phrase "Hollywood is to CAA". If the tubing becomes Internet Hollywood, then Lilith will have the opportunity to become an Internet CAA, and maybe it can subvert the old industry order.
It is worth the bet!
White looked at Daniel, who also moved intentionally and nodded slightly at him.
"Well, it's up to you, we give Lilith a pre-investment valuation of $25 million."
White added another sentence, “However, we have to increase investment and invest US$6.25 million, and still maintain the 20% equity dilution ratio unchanged.”
Shen Xinyi looked at Xia Jingxing, who nodded lightly.
He has already calculated that in his business plan, these two organizations are needed to wave the flag for them—invading Hollywood and subverting Hollywood.
The louder the slogan, the bigger the bubble can be blown.
It’s not as good as everyone’s happiness alone. Let’s work together happily and make money happily.
Of course, he also thought about letting Envision Capital continue to invest in Lilith.
But this is on the territory of the United States, eating alone must be choked.
(End of this chapter)
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