Reborn as a tycoon in Hong Kong

the next morning.

When Lin Baicheng left the apartment, Demi Moore was still sleeping. She was very tired last night and used up a lot of energy, so she needed more rest.

Today is Friday, a working day.

Lin Baicheng took a car to Morning Star Pictures.

The president, Shirley Lansing, knew that when the big boss came, Lin Baicheng had already entered the company, and all the employees who recognized the big boss said hello one by one.

"Chairman!"

Shirley Lansing hurriedly hurriedly hurriedly, and finally before Lin Baicheng stepped out of the elevator, she had someone waiting for him outside the elevator.

"Good morning, Lansing."

Lin Baicheng shook hands with Shirley Lansing and just nodded in greeting with other senior executives.

"Lansing, come with me, let the others go to work."

Lin Baicheng took Shirley Lansing towards his office here.

Although Lin Baicheng spends very little time here, his chairman's office has always been kept, and it is cleaned every day, so there is no need to worry about hygiene and other issues.

"Chairman, why didn't you inform me before you came over? I could take someone down to greet you."

Coming to the office, Shirley Lansing said aloud.

"There's no need to do that face-saving project."

Lin Baicheng waved his hand and motioned for Shirley Lansing to sit down opposite him.

"I came here today mainly to see how the company is developing and operating, and to exchange opinions with you about Blockbuster."

"Yes, I will report to you on the recent development of the company."

Shirley Lansing responded and then reported directly without having to prepare documents in advance. She is the president of the company, so of course she knows the company very well, that is, some data cannot be known clearly, but it is okay to give a general idea.

Lin Baicheng listened carefully and asked questions from time to time.

Morningstar Pictures has not changed much recently. Except for the two consecutive filming of Home Alone, which require large investments, the investments in other films are small and medium-sized. At present, the company cannot afford to invest in blockbusters.

If you invest 30 to 40 million US dollars to make a blockbuster, if it fails at the box office, the company will definitely be exhausted and unable to develop for several years. Therefore, it is not easy to invest in making blockbusters.

As for if you are short of money, you can go directly to the big boss Lin Baicheng to ask for it. But Lin Baicheng is not short of money, but a company cannot do this if it wants to operate healthily. The company must make its own blood and invest with the company's profits. Bear the risk of investment failure so that the company will not be unable to operate due to a loss on one film.

The biggest good news for Morningstar Pictures recently is that it has begun to gain a foothold in Hollywood, is accepted by the industry, and is cooperating with other second-tier film companies.

Investing in movies is a high-risk business. No one knows whether investing in a certain movie will make money before the movie is released and the box office is released. Hiring famous directors and actors is just more secure, and there is no guarantee that the movie will be successful.

In this case, risk sharing is required.

Some film companies cooperate with other film companies in the same industry. They all invest together, and whoever takes the lead gets a larger share. In this way, even if the film does not perform well at the box office, someone will share the loss and the loss will still be within the tolerance range.

Some film companies seek cooperation with outsiders and look for overseas capital investment, but this is more difficult, and external funds are not so easy to find.

Morning Star Pictures is accepted by the industry, and the films it invests in can be shared with others. This way, it can not only lead more projects and invest in more films, but also avoid being suppressed by peer companies.

Of course, since we all belong to the same industry, competition cannot be avoided. If it is just a cooperative relationship, as long as the interests are not too great, there will be no disagreements. Competition also has a bottom line.

"The company is operating well. Keep working hard. I hope you can complete the targets this year and exceed the tasks."

After listening to the report, Lin Baicheng nodded, feeling satisfied.

Of course, he would not just listen to Shirley Lansing's report. He would also look around the company and listen to the reports from his assistants to see if there were any shortcomings.

Shirley Lansing immediately said: "Chairman, don't worry, we will work hard to complete the performance set at the beginning of the year and not let you down."

"If you don't let me down, I won't let you down either."

Lin Baicheng said with a smile: "As long as you complete the set performance indicators for three consecutive years, I will first use 5% of the shares as equity incentives for your management and outstanding talents as promised."

If you want a horse to run, you must let it eat grass.

Lin Baicheng set performance indicators after discussing with the company's management. Then the management completed the performance indicators for three consecutive years. Lin Baicheng first rewarded them with 5% of the shares and made them shareholders as a reward.

Of course, the incentive equity must have an exercise period, and it is impossible to exercise the rights immediately. Instead, the rights must wait until the company is listed before the rights can be exercised.

However, Lin Baicheng also promised them that as long as they complete the performance indicators, he will let the company go public within five years of achieving the performance indicators and will not keep them waiting.

Also, if Lin Baicheng did not list the company within the stipulated time, he would calculate the company's valuation based on a price-earnings ratio of ten times the company's annual profit at that time, take back their shares, and let them liquidate their shares.

In this way, with goals in mind, everyone will naturally be more motivated to work and pay more attention to the interests of the company.

"Thank you, Chairman!"

In Shirley Lansing's view, this is the closest she has ever come to becoming a rich man. She is sure that even if she switches jobs to a better company, she will not be able to develop the company and get such high equity incentives to achieve the goal. Wealth freedom.

Therefore, Shirley Lansing sincerely hopes that the company can develop and go public as soon as possible, and then she can sell the incentive equity she received and become rich.

As an American, Shirley Lansing knows only too well the status of the rich in the United States.

It can be said that in the United States, as long as you have money, you can basically do anything and enjoy everything.

Of course, there are definitely exceptions for foreigners. The privilege of the United States must be to serve the country's capitalists. However, Shirley Lansing is an American, so she doesn't have to worry about this. What she has to worry about is whether she can become rich and have a good life. How much net worth.

“Tell me about Blockbuster.”

Lin Baicheng said: "I didn't expect Blockbuster to run out of money again so soon. The last financing was three months ago."

Blockbuster was established in July last year. Morningstar Pictures initially invested US$10 million. When he was running out of money at the beginning of this year, Lin Baicheng asked an offshore company to raise US$5 million and obtained 25% of Blockbuster's shares. After financing, Blockbuster estimated Worth $25 million.

Financing negotiations concluded at the end of February, and a formal agreement was reached at the beginning of March, and the funds were received.

Five million US dollars, plus the profits from the company's operations, were almost spent in three months, and the account was almost out of money again.

"This is all because Blockbuster is developing so fast. According to your plan, Manager Kilman, direct-operated stores and franchised stores will run in parallel, with direct-operated stores as the mainstay and franchised stores as the supplement, so that the company's stores can spread in various cities. Come and occupy each market."

Shirley Lansing immediately said, I don’t know whether the boss Lin Baicheng planned it well, or whether Blockbuster’s manager Errol Kilman was really suitable for this. Blockbuster spread in just nearly a year. Come on, there are hundreds of stores.

Although some stores are owned by franchisees, and directly-operated stores only account for about half, directly-operated stores are located in prosperous areas of various cities. It is normal for the costs to be higher, and of course the monthly profits will be higher than those of franchised stores. .

Blockbuster's rapid expansion is nothing. As long as it has money, any company can expand rapidly.

What's important is that as long as Blockbuster's stores are operated like the successful stores in the past, most of them will be able to achieve profitability after three months, and profits will increase every month. The growth rate will not slow down until a certain upper limit.

In addition, Blockbuster's current success is also related to excellent management. The management of hundreds of stores is not chaotic. Although there are some minor problems, there are generally no major problems. The operations are normal and can support Blockbuster's continued expansion. .

Otherwise, even if Blockbuster is rich, even if it knows that it can make money by continuing to open stores, if the management is chaotic and the stores cannot make money, then it can only give up expansion temporarily and reorganize the company's management before talking about expansion.

"You and Kilman both deserve credit, Lansing."

The fact that Blockbuster has developed so quickly and so well is beyond Lin Baicheng's expectation, but this is a good thing. The sooner Blockbuster can capture this market, the better.

Shirley Lansing said humbly: "The main credit goes to Manager Kilman, I just played a supporting role." It's not that she doesn't want to take credit, but she spends most of her time on Morningstar Pictures, BesTV Da paid very little attention, and she didn't think those assistants didn't know about it.

"No matter what, Blockbuster is still a subsidiary of Morningstar Pictures. The company is developing well, and you, the president of the parent company, naturally have a share of the credit."

Lin Baicheng said with a smile that he knew who had the most credit, but Shirley Lansing's contribution could not be ignored. Otherwise, how could the presidents of other parent companies care about the development of their subsidiaries in the future?

Only when the presidents of each company know that they have contributed to the good development of the subsidiaries, will they support the managers of each subsidiary and develop the subsidiaries to create more benefits for him, the big boss.

"Since Blockbuster is running out of money, it will continue to raise funds, what do you think, Lansing?"

"I think so."

Naturally, Shirley Lansing would not object. This is not a bad thing, not to mention that she has already raised funds once before.

Lin Baicheng was not surprised when he heard this: "This time I want to seek financing from Wall Street to prepare for the subsequent split and listing of Blockbuster. What do you think?"

“Bringing in Wall Street capital has its pros and cons.”

Shirley Lansing listened to the analysis and said: "The good side is that it will be beneficial to the company's subsequent listing. Wall Street capital hopes that Blockbuster can go public as soon as possible and will provide assistance. There is also a bad side. Wall Street capital is notoriously greedy. If they see that the company has great potential, they will definitely try their best to acquire more shares of the company, or even kick the parent company out, leaving them to dominate Blockbuster."

"It's inevitable."

Lin Baicheng said: "As long as Morningstar Pictures retains about 30% of the shares after Blockbuster's listing, there is no need to worry about Wall Street capital. As for the fight for power, even if it is not Wall Street capital that finances the shares, other shareholders will still fight for rights. The struggle for power is inevitable.”

"Chairman, you just have to know what's going on."

Shirley Lansing said no more, she had already reminded what needed to be reminded.

"Is Kilman in Los Angeles?" Lin Baicheng asked.

"He's here, and Blockbuster's headquarters is right here in Los Angeles."

Shirley Lansing nodded. Errol Kilman was the manager of Blockbuster. Except for the times when market expansion required him to go to other cities, he stayed at the headquarters to control the overall situation.

"Then contact him and call him over. We need to communicate with him about the financing."

Although Blockbuster's success cannot be entirely attributed to Errol Kilman, he contributed a lot, so Lin Baicheng respects his opinion on major company matters.

"OK!"

Shirley Lansing responded, stood up and made the call.

Errol Kilman was in Los Angeles. When he learned that the big boss was calling, he rushed over immediately.

When meeting Errol Kilman, Lin Baicheng first expressed his affirmation of his work, and then informed him that Blockbuster was going to seek financing from Wall Street.

"The company is short of money right now. The more money we can get, the better. I have no problem with that."

After hearing this, Errol Kilman immediately said that the company's financing does not mean changing the boss, and it has no impact on him. More money can make the company develop faster, and he, the company manager, is also good.

Lin Baicheng was not surprised when he heard this. He said: "I will ask the secretariat to assist you in financing. You two, Lansing and Kilman, should start doing this recently and try to get a higher valuation for the company." value."

Shirley Lansing asked: "Chairman, how many shares are the company prepared to give up in this financing?"

"Let's just say 20%."

Lin Baicheng had already thought: "This will not be the company's last financing. There will definitely be another financing before the company goes public. However, before financing, the parent company Morningstar Pictures will separately provide 5% of the shares as equity incentives. Based on performance, Give equity incentives." The next words were meant for Errol Kilman.

"On behalf of everyone in the company, I would like to thank the chairman for the award. I believe they will work harder after learning about this."

Errol Kilman suppressed the ecstasy in his heart. He knew that he would definitely get a certain amount of equity when the time came, and as a manager, he was likely to get the big deal, which made him unhappy.

Even if you only get 1% of the shares, as long as the company's market value after listing can reach US$100 million, it is still worth one million US dollars.

One million dollars, this is the salary that Errol Kilman will receive in decades.

"I look forward to your performance."

Lin Baicheng smiled and nodded. He gave up 5% of his equity as an option pool reward to the management and outstanding talents, in order to let them work hard and develop the company, so that he could get more.

Regarding Blockbuster's financing, Lin Baicheng just set a general direction, and his assistants would follow up on the specific work. He didn't have to worry about it himself, he just needed to pay attention.