Top of the Great Era

Chapter 1774 Boss Xu wants to blacken

This morning, Xu Baihui called Zhou Buqi and said that she was looking for him for something and asked him to come over.

There is no way, Zhou Buqi is the big boss in other places, and in front of Xu Baihui, the devil, he still has to be obedient.It's good to go there, Tang Yixin has to talk to her about it.

After passing by, Xu Baihui took the initiative and said with a smile, "Boss Zhou, how is Xiaotang?"

Zhou Buqi snorted, "Why did you arrange her in my house?"

Xu Baihui said: "She is a foreigner, and she has just entered the industry and has little money. Isn't it right for the company to arrange accommodation for her?"

"That's my house! Goof off!"

Zhou Buqi snorted coldly.

Xu Baihui didn't give in at all, she gritted her teeth and said, "Come here, and there are no outsiders, so why pretend? I've already slept with you, what's wrong with living in your house?"

"Ahem..." Zhou Buqi lost his momentum immediately, "Then you can't just lend my house to others without saying hello, right?"

"Why are you so casual?" Xu Baihui spoke plausibly and confidently, "I don't know you yet? When I signed Tang Yixin in, I thought she would definitely suit your taste. How about it? The first time we meet, why don't we just go upstairs... ..."

"Get it!"

Zhou Buqi hastily interrupted her.

Xu Baihui smiled, and said triumphantly: "I'm catching your preferences, and I've arranged everything for you in advance. Those two apartments are so high-end, and they are empty and empty. Isn't it a waste? Just right, Tang Yixin lives in one, Jiang Shuying lives in the same apartment and let them be neighbors."

"Jiang Shuying?"

"I'm going back to China next year. I will also sign a contract with me at that time, and I will come to Beijing to develop. Don't you arrange a house for her? You can't think of it, I have to arrange it for you, right?"

"thank you!"

Zhou Buqi really has nothing to do with her.

Xu Baihui smiled and said, "You're welcome. Don't you know how kind my sister is to you? When Zhang Yuqi lived there, you wanted to find a neighbor for her, but you couldn't find her. That's it, I I've made arrangements for you. Let Tang Yixin and Jiang Shuying be neighbors, and you can go upstairs when the time comes..."

"Okay," Zhou Buqi interrupted her with a black line on his forehead, "You came to me in such a hurry, just for this matter? Then I'm leaving!"

Xu Baihui rolled her eyes, "You can really pretend!"

Zhou Buqi looked serious, "I'm not the kind of person you think."

Xu Baihui pursed her lips and said, "Anyway, I did you a big favor, so you have to do me a favor too."

"What help?"

"I'm going to meet a few people in a while, you go with me."

"Who? Official?"

"No." Xu Baihui shook her head, "Damai, do you know?"

Zhou Buqi looked suspicious, "I don't know, what's wrong?"

Xu Baihui said: "Damai.com is Douban's competitor."

"A movie review site?"

"No, it's a ticketing website. Didn't Douban also open a ticketing system. But Douban's coverage is too narrow. Damai.com is more comprehensive. In addition to movie tickets, there are also concerts, dramas, musicals, cross talks, and stage plays. You can also buy tickets for sports events, and now the Chinese Super League seems to be gaining momentum, and big capital is coming in."

"It's up to you to say, even I have entered the stage..." Zhou Buqi waved his hands, a little surprised, "No, what are you doing with the people from Damai.com?"

Xu Baihui said, "I want to buy Damai."

"What?" Zhou Buqi opened his eyes wide, quite a bit astonished, "If you don't do a good job in the entertainment industry, what are you doing on the Internet? We have a division of labor!"

Xu Baihui said: "The core of the ticketing website is the movie ticket, which is also a part of the entertainment industry. Moreover, Damai.com is so popular, it was rated as one of the top ten shopping websites a few years ago. Winning Damai.com is equivalent to letting Douban lost a major competitor."

Zhou Buqi didn't like this, "Don't give me a sloppy eye! Even if Douban can't compete in the future, Ziweixing will directly come forward to buy Damai.com, okay?"

Xu Baihui pouted, dissatisfied, "Boss Zhou, Ziweixing is your company, and Jieyu Media is also your company, okay? You can't be too partial, why give all the benefits to Ziweixing."

Zhou Buqi was annoyed and funny, "There's no partiality here. Ziweixing is an Internet company. Ziweixing bought Damai.com and then merged with Douban's ticketing system. This is the optimal solution, with the lowest cost and high efficiency. Highest."

"You are wrong."

Xu Baihui shook her head with a solemn expression.

Zhou Buqi laughed, "What's wrong?"

Xu Baihui said: "From the perspective of business, efficiency and cash flow, Ziweixing's acquisition of Damai.com is indeed the best solution. However, capital can be leveraged. From the perspective of PE, Jieyu Media will do this. Create more wealth!"

"Uh……"

Zhou Buqi choked.

I go!

What a Xu Baihui!

This is the blackening from entrepreneurs to capitalists!

Indeed, in half a year, Jieyu Media will have an IPO in the Hong Kong stock market.The market value after listing is mainly affected by two factors: one is net profit and the other is PE.

Market value = profit multiplied by PE.

If you want to increase the market value, one is to increase profits, and the other is to increase PE.

It is too difficult to maximize profits.

In comparison, it is relatively easy to achieve high PE, which mainly depends on the confidence of the market.

In many cases, just stand up and shout a few slogans, or make a PPT to hold a press conference, and the market will believe it, and it will scream.Even if the profit does not increase, the stock price can take a rocket and soar.

If Jieyu Media is only engaged in the entertainment industry, which is a relatively traditional industry, the PE given by the market will not be too high, and 25 times is almost the same.

However, if Jieyu Media is connected to the Internet, it will be great.With the background blessing of the Internet, it will be wildly sought after by the market, and it is very likely that the PE will be raised to 50 times all the way.

That is to say, Jieyu Media’s current valuation of internal initial stock allocation is 800 billion Hong Kong dollars. Once it acquires Damai.com and claims to enter the Internet entertainment industry, its market value is likely to soar all the way to 1600 billion Hong Kong dollars.

The effect is immediate.

The capital wealth created in this way is far greater than the acquisition of Damai.com by Ziweixing.With Ziweixing's scale and volume, if Ziweixing acquires Damai.com, it will hardly see any growth in capital wealth.

Seeing Boss Zhou's silence, Xu Baihui said with reason: "After Jieyu Media goes public, it can raise at least 100 billion Hong Kong dollars. Such a large amount of money can't be put in the bank, right? It's also irresponsible to shareholders. It just so happens that the Internet is so popular now, and it is also a way out to develop properly toward the Internet.”

Zhou Buqi was silent for a long time, and then slowly said: "It's better to be in a down-to-earth place to start a business?"

"Then why go public? Jieyu Media is not short of money at all!"

Xu Baihui didn't agree with him at all.

Zhou Buqi said: "That's what I said, but in the end, don't be too floating, and pay more attention to long-term value. This kind of game targeting the Internet to promote PE is too short-term."

"Short term is short term." Xu Baihui glanced at him, "Boss Zhou, you are the big boss, don't stand and talk without back pain!"

Zhou Buqi said angrily: "Why don't I have a backache?"

Xu Baihui said: "People from the Ten Schools Entrepreneurship Alliance, everyone is still earning dead wages."

Isn't there still a dividend? In the beginning, Ziweixing distributed it, and Yuanwei Group has also distributed it in recent years.

"How much is that?"

"Ah."

Zhou Buqi nodded. The Yuanwei Group has been paying dividends every year for the past few years, but the distribution to everyone is only a few million.You can live a life far beyond that of ordinary people, but it is far from the standard of the rich.

There are billions worth of stocks empty in hand, but the quality of life has not changed much.

Xu Baihui said softly: "Jieyu Media and Yuanwei Group are the first companies listed in our Ten Schools Entrepreneurship Alliance. After listing, we must provide them with the opportunity to cash out big money. If you want to cash out, of course the higher the stock price, the better. The hotter the market, the better. Yuanwei Group has no room for PE expansion, and Jieyu Media can take on this responsibility.”

Zhou Buqi's anger disappeared immediately, and he felt that what she said was very reasonable.

It is true that the veterans of the Ten Schools Entrepreneurship Alliance should be provided with a generous cash-out opportunity, so that they can truly exchange cash to achieve wealth freedom, rather than paper wealth.

Boss Zhou can't fly around the world with private jets every day, enjoy luxurious manors, private yachts, and private islands, and other entrepreneurial partners don't even have the funds to go to Dubai for vacation.

Sure enough, it's still a woman's heart.

It is indeed ill-considered.

Xu Baihui said seriously: "Boss Zhou, Jieyu Media's current internal valuation is 800 billion Hong Kong dollars. But outsiders don't know, don't we still know? Jieyu Media can really support such a high market value? The reason why the valuation is so high Gao, this year’s hot plate investment business in Hollywood, especially the investment in "Avatar", which has already accounted for 4.4 million US dollars. You said that you want to pursue long-term value, but the plate investment business, how to pursue long-term value? Hollywood It’s not very popular to raise funds from platters. The business is not sustainable.”

Zhou Buqi took a deep look at her, feeling more and more that she had made a lot of progress, and said deeply: "Yes, the business of platter investment is not sustainable, and the model of Hollywood's film industry has changed. As I said, We must develop in the direction of inertia, popcorn, family carnival, and special effects. In the future, there will be blockbuster sequels, only debt financing, no equity financing.”

To be precise, Zhou Buqi's words refer to Hollywood blockbusters.

With the development and progress of technology and the application of 3D, Dolby, IMAX and other technologies, the mode of Hollywood blockbusters has undergone tremendous changes, and the role of "inertia" has become more and more important. Basically, sequels and various sequels are being shot.

For example, "Top Gun" used to be very popular, and after a few decades, "Top Gun 2" will have a great probability of success.This is a high-probability success event. There is no need for the film studio to use the model of platter investment for equity financing, and it is enough to directly borrow money in the form of debt to shoot the film.

However, this does not mean that platter investment will disappear completely.

It will be mainly for those middle- and low-cost Hollywood movies, as well as new categories of Hollywood blockbusters without "inertia" endorsement... This is very unfriendly to investors.

Movies with small and medium budgets cannot make big money, and new types of Hollywood blockbusters are too risky.

In short, it is the platter investment business that supports Jieyu Media's largest source of profit, and there is no guarantee in the future.This means that the stock price of Jieyu Media will not be guaranteed in the future.The so-called long-term value is out of the question.

(End of this chapter)