Top of the big era
Chapter 1596 Smooth Financing of Toys
In the car, Zhou Buqi closed his eyes and rested.
He didn't go to bed until after 3 a.m. and got up after 7 a.m., which meant he had little sleep. Xue Baoshan and Ning Lu were riding in the same car with him, talking quietly beside him.
Ning Lu whispered: "Mr. Zhen went to Los Angeles and seemed to have bought another basketball team."
"Golden State Warriors, right?"
"right."
"How much is it?"
Xue Baoshan doesn't care about this stall, so she doesn't know much about it.
There are too many things at home, and after many things are done, we make a report at the family meeting to tell everyone how much money and assets our family currently has, so that we have an idea of the situation.
Family property belongs to everyone, so it can be open and transparent.
Ning Lu whispered: "For US$225 million, we will get 50% of the equity of the Warriors."
Xue Baoshan asked curiously: "Can you watch basketball?"
Ning Lu said: "It's okay. I can understand it, but I'm not interested. The boss said that this is an entry point into the American sports market. In the future, the blind box business of Chaowan Commune can be promoted."
"I don't know how the financing of Chaowan Commune is going."
Xue Baoshan was a little worried.
The business development of Chaowan Commune is actually very good. It has established relationships with 12 wealthy European teams and will provide exclusive player blind boxes for these 12 wealthy teams starting from next season.
I originally wanted to participate in the World Cup in South Africa this summer, but after contacting FIFA, I felt that time was too tight. All plans were finalized two years ago, and temporary changes may cause chaos.
If this is the World Cup in the United States, or if it is held in a powerful country such as the United Kingdom, South Korea, Japan, Germany, or China, then there will be no problem. Even if there are temporary plans, it can be done smoothly.
But not South Africa.
With Mandela's successful rise to power, "white supremacy" was stripped away, and South Africa became more and more like an African country. As long as they can successfully host the World Cup, thank God, and they can't ask for too much.
From a business perspective, Chaowan Commune is doing very well, but the core team... is a bit unsatisfactory.
General manager Shi Jingmei, she has no problem and is very capable. But Chairman Wu Yu and Design Director Ning Yameng are very worried about investors.
As a result, the financing case has not been finalized for a long time.
The financing of Chaowan Commune is not about money, nor is it about reducing risks. It is expected to raise US$120 million to US$200 million. This amount of money is really nothing to the Zhou family, and it doesn't matter even if they all lose money.
The more significance is to obtain market resources.
The purpose is to attract more partners to the market through financing, and then use the market resources of world-class venture capital institutions to help Chaowan Commune’s blind box conduct global business operations.
By coincidence, Xue Baoshan was worried when Shi Jingmei called. This was Zhou Buqi's personal phone number. In Ning Lu's hand, she hesitated and did not answer it, but handed it to Xue Baoshan.
Baoshan was not polite and picked up, "Second sister, I am Baoshan."
Shi Jingmei smiled and said, "Baoshan, where is your husband?"
Xue Baoshan pursed her lips and said: "We are in the car, going to the company. He had a meeting very late last night and was catching up on his sleep."
Shi Jingmei said: "It doesn't matter. I'll tell you the same thing. When he wakes up, I'll tell her."
"OK."
"The financing case has basically been reached."
"real?"
Xue Baoshan was a little surprised, which was a good thing.
Because the original purpose of Chaowan Commune was to design commercial "toys" for Wu Yu, the equity distribution was very arbitrary. At the beginning, she was given 100% control. After several rounds of coordination, there are now three major shareholders. Wu Yu holds 60% of the shares, Ning Yameng holds 20%, and Shi Jingmei holds 20% as the general manager.
Neither the family foundation nor Zhou Buqi himself holds any shares.
At first glance, it seems to have nothing to do with the Zhou family.
However, Wu Yu and Ning Yameng are both women of the Zhou family. They belong to the Zhou family, and the shares they hold certainly belong to the Zhou family.
In the past few days, Senior Sister Zhen Yu has also expressed her anger in private, saying that the Zhou family may carry out a series of reforms in the near future to change the past independent model and build a huge community.
In this community, everyone has a share, benefits and risks are shared. Everyone in the family should work hard for this community.
Baoshan was very smart and made some guesses.
In the future, it is possible that the assets owned by the Zhou family will be managed uniformly in family funds. For example, Wu Yu holds 60% of the shares of Chaowan Commune, Zhen Yu holds 10.8% of the shares of Jieyu Media, Wen Zhixia holds 16.5% of the shares of Xueersi, etc., they all have to give up their control. The rights should be placed in the family fund for unified management.
Everyone in the family lost their "private property" and became the "public property" of the family foundation.
In fact, all the property of the Zhou family is to be handed over to the male owner Zhou Buqi. In this way, everyone else will unite around him, and the complex big family of the Zhou family will become like an ordinary couple. Their families are equally stable.
Some people may not be willing to make such an arrangement.
This is tantamount to losing one's own independence. Women like Wen Zhixia, Shi Jinglin, and Zhen Yu are all relatively independent women. Baoshan is actually quite independent, but she will support such an arrangement.
The better the Zhou family is, the better Bao Shan and Aunt Xue can live happily in such a big family. If something goes wrong in the Zhou family, not only will Zhou's classmates be in trouble, but every family member will suffer.
Baoshan and Aunt Xue had a very gloomy life in the past, and they never wanted to live that kind of chaotic life again.
Shi Jingmei didn't know that Baoshan's thoughts were flying on the other end of the phone. She was in a good mood and said with a smile: "Well, the plan has basically been achieved. A total of US$180 million has been raised, diluting 20% of the shares. There are 6 investors. They are all very powerful capital institutions.”
"180 million U.S. dollars, diluted by 20%..." Xue Baoshan was a little surprised, "The valuation has reached 900 million U.S. dollars?"
Shi Jingmei smiled and said: "Yes, 900 million US dollars."
"How did you do it?"
"The performance is great. After the Southeast Asian market opened, the sales of Manchester United's blind boxes took off immediately. In February, more than 4 million blind boxes were sold in Southeast Asia, with sales exceeding US$30 million."
"this……"
Xue Baoshan was shocked.
She had long heard from classmate Zhou that Southeast Asia was Manchester United's home base and its largest overseas market. I didn't expect the effect to be so amazing.
No wonder before the Spring Festival, Chaowan Commune’s financing case was still doubted by investors because of the company’s core team’s lack of capabilities. In the blink of an eye, in March, investors rushed to enter the market with higher quotations.
It turned out that a stunning report card was produced in February.
Shi Jingmei changed the subject, "However, there is another not-so-good news."
"what?"
"I remember someone told me that you are in charge of Hollywood business?"
Xue Baoshan was more relaxed, "Well, it's mainly about Jieyu Media's platter investment. I haven't participated in Ziweixing Global for the time being. It's inconvenient to have too many connections, which has attracted criticism from the platter investment partners."
Shi Jingmei asked: "Among the partners of Platter Investment, is Disney included?"
Xue Baoshan said: "No, mainly 20th Century Fox and Universal Pictures, as well as Summit Entertainment and Lionsgate Pictures. I didn't expect that Universal Pictures and Summit Entertainment would be merged into Ziweixing Universal."
Shi Jingmei smiled and said, "It doesn't matter. Fox is enough. Have you got the "Avatar" platter?"
"Yeah, I got it."
"That's enough. One movie can recoup all the investment."
"Yes, you can still make a lot of money. The revenue ratio of "Avatar" is a full 33.8%. This business is so successful." Xue Baoshan's job is very easy, mainly because of the recent super sales of "Avatar".
Shi Jingmei couldn't help but sigh, "Your husband is really amazing. He can succeed in anything he does."
Xue Baoshan said "Yeah" sweetly.
Shi Jingmei said: "Baoshan, please pay attention to Disney, they are dishonest!"
…
After giving Curry the power, Zhou Buqi was very satisfied with his work.
In Zhou Buqi's view, appointing Kurian as a senior executive not only kills white senior executives instantly, it is even better than Lu Qi, just like using people like Zhang Yiming, He Yang, Shen Xiangyang, Guo Pengfei, and Tang Binchen. The feeling is almost the same.
Although this was an Indian, Zhou Buqi had gradually regarded him as one of his own.
Such a strong sense of responsibility!
His work attitude is responsible and serious, and his work style is decisive and sharp. He has only been in office for half a year, and the Ziweiyun international business he manages has already demonstrated its integrity, systematicness, collaboration and innovation.
Especially the innovation is really eye-catching.
In the past two months, in addition to the normal development of cloud computing business, Kurian has mainly done three things in overseas markets: First, he has integrated cloud businesses such as Weidian Notes, Evernote, Github, and Weishu into Ziwei The cloud system is introduced; second, the cloud disk business is launched; third, the ledger business is launched.
The cloud disk business is easier to understand.
Although Zhou Buqi has long rejected the plan to build cloud disks in China, there are great development prospects for building network cloud disks in overseas markets.
Cloud disk allows users to upload content to the cloud, which is compatible with cloud computing business.
Ziwei Cloud's global layout has dozens of data centers being established at the same time. If it does not engage in cloud disk business, it will be a waste of resources.
The business lines of Ziwei Cloud Disk have been organized, and it is expected that this new product will be officially launched in June-July this year.
The operating costs of this business are extremely high, so fees must be charged.
The free version has 3G of storage space.
If you want to expand the capacity, you will have to pay for it.
Zhou Buqi looked at the form and found that the price was really not low. 100G, US$5.99 per month; 200G, US$9.99 per month; 500G, US$12.99 per month; 1T, US$16.99 per month.
However, this is only the official selling price.
This type of business mainly relies on sales, so it can give intermediate sellers up to 30% sales rebate. For example, there is a storage service on Yahoo. If it is connected to Ziwei cloud disk and the user activates the relevant cloud disk service when using Yahoo, Yahoo can get rebates.
This set of business is really not something that people in China can do.
Domestic Internet games are all free, and no one knows how to make paid games. Kurian is different. He comes from Oracle. He may not be very good at free gameplay, but he knows the paid gameplay well.
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