Salted Fish’s Self-help Strategy
Chapter 334: Lei Siyun hits the wall (part 1)
?What the **** is bidding? Yuan Mu was so angry that he asked what kind of large state-owned enterprise or the world's top 500? What about writing a tender document?
However, Chu Yuanxi nodded and agreed: "I can't leave the Meiwa toy side without telling it. Then there should be something wrong with my company. Besides, I have no reason to sacrifice Yang Yuanmei's mother. I have done a lot and sacrificed others. But if it is fair competition, it will be fine.
Besides, I have to see if your relatives know how to do it. I have such a good IP, I can help, but I can't be trusted? Your relatives need to be able to be my partner, otherwise, what should I do if I smashed my brand? "
When Chu Yuanxi said about bidding, there was a flash of inspiration in his mind. Although he was not familiar with Yuan Rong, he had been in contact with Yuan Rong several times, and he knew that he and Yuan Liu were the same. After all, in the original world, Chu Yuanxi had a symbiotic relationship with Zheng De's interests, and it was pretty decent on the whole, but that person looked like a roe-headed rat and definitely liked to use non-commercial competition.
This can also be seen from the incident today.
If Chu Yuanxi were Yuan Rong, he would directly entertain the Shangba people and talk to himself. With the identity of Yuan's family, he would definitely not be too close, and then he would rely on his own tongue. Yuan Rong may know what hurts Yuan Du has done, maybe he doesn't know, but there is no way to know or not, so he can do it instead of Chu Yuanxi. Since he wants to earn this money, he has something to say in person.
But Yuan Rong not only didn't come directly, he hadn't directly approached Yuan Jing, but took a detour from Yuan Liu, which shows that he attaches great importance to relationships.
When such a person hears that a bid is needed, do they still have to ask what they will do?
That way he would happily win the bid, and then, waiting for him is a vivid lesson...
Yuan Jing didn't know that he had been calculated. Hearing what Chu Yuanxi said, it was in line with his character, and the requirements were reasonable. In fact, when Chu Yuanxi talked about Yang's relationship, he felt that she was going to be pornographic, and it was impossible for him to get rid of Yang's mother. In the end, Yuan Rong still has a big chance. This is already a good result.
Therefore, the two brothers and sisters send farewell to Chu Yuanxi, and then handle their own affairs separately.
Yuan Jing went to talk to Yuan Liu. In fact, Yuan Rong was drinking tea at the company. This person is such a look, obviously he should go out to meet people by himself, but he must rely on relationships.
At this time, he is reviewing the case of "selling cute artifact rabbit hats" with his uncle Yuan Liu. Yuan Rong just heard that this thing sells well, but how good is it? Because of his relationship with Chu Yuanxi, Zheng De backed up a copy of the sales data of the rabbit hat.
This data made Yuan Rong's eyes red, what Yuan Jing saw when he entered the door.
And Yuan Mu recruited Lei Siyun to the office.
She sat behind the huge boss’s desk, leaned back on the swivel chair, took out the due diligence report but did not open it, but placed it on the table, and asked: “Finally, your conclusion is that Pakistani Entertainment is not suitable for investment at all. Isn't it a question of valuation?"
"That's it." Lei Siyun found a chair to sit down and said steadily: "This company is simply weird. Obviously, it has carried out large-scale expansion before it started financing. The stable cash flow recruits dozens of people. There are many kinds of talents, and there is a team of AI engineers, and the salary is quite high.
Now their cash flow has been hovering between profit and loss, and the only clothing category that may contribute stable cash flow is still expanding store investment and other expansions, and it is the first to contribute no cash at all.
The second is that they actually want to make their own branded clothing, and no one in this team has any experience in the clothing industry, so they make a large investment. How overwhelming is this? I have never seen such a person in my career for more than 20 years.
The third is their main business. They were originally an Internet celebrity team. From the perspective of the media, they can be regarded as the industry leader, but it is not very good to pull any one alone. Weibo has only a few million fans, so it’s not a top account at all. The official account is also, barely more than 2 million fans. Now an official account with no 15 million fans is not even on the front line. Going back, the recent decline has been obvious, and the increase in fans has been extremely slow, while other people's homes are all growing fans, and large numbers are frequently seen.
In this way, they have never made income. Douyin clearly provides a very good advertising ecology, but they just don't accept it. I can't understand what they are doing. "
Yuan Mu calmly waited for Lei Siyun to finish, and asked, "Where are the highlights of the Ba people's entertainment?"
"Are you talking about games and comics?" Lei Siyun smiled apologetically, "At present, I only see input, and no signs of output. You know, they are doing TCG mobile games, the category itself They don’t make money, and what they do is self-developed IP, which is still a comic strip. I learned from my peers about things like strip comics. In the comics, they are considered to be user-friendly, which shows that there is no big future. As for Chu "Out of the Mountain", which always has high hopes, um, how do you say it?"
He paused and said: "His gameplay is too unintelligible, and it is impossible to draw any conclusions. It may be very good or it may be very bad, with great uncertainty."
Seeing Yuan Mu didn't say a word, he just motioned for him to continue. Lei Siyun felt that he played well today and should be able to score points in front of the goddess?
"I specially looked at the backstage data of "Troubled Times"~www.wuxiaspot.com~Before Mr. Chu split up the official account, the approximate open rate averaged between 300,000 and 350,000 per article. Compare this on Tencent Animation The head masterpiece has a collection of 2 million and a total click rate of over tens of billions.
Let’s not talk about the click rate. Assuming that Mr. Chu’s number of openings is equivalent to the number of Tencent Animation’s collections multiplied by a factor, we fully overestimate Mr. Chu’s work and think it is equivalent to a head work of Tencent Animation. That is between 50 million and 100 million. It should be noted that this price is already a serious premium. In fact, not every head work can produce such a large value. In other words, this is already the upper limit, and I think the lower limit is zero.
Therefore, in summary, the uncertainty is very large, and my conclusion is that it is not suitable for investment. If you must give a valuation, 100 million. "
"One billion, are you sure?"
"It's already very high!" Lei Siyun said excitedly, "It's ridiculous to say that the Didi Taxi incident, Pakistani Entertainment personally issued an article attacking the official account, and then a large head was blocked. Then came the indefinite suspension of major events, leading to the fact that domestic investors are now very cautious when investing in the media."
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