This star is wrong

Chapter 299 Capital gathering, if you can't beat it, join

Donghai High-tech Zone, Baile Golf Club.

Today, several investment companies in Donghai held an event at Baile Golf Club.

The usual activities are playing ball, eating and drinking, and then chatting about business.

For the top executives of investment companies, it is very common to invite clients to play golf and discuss cooperation.

Today's game is organized by Chen Lipeng.

Dingsheng Capital has the best relationship with Pengcheng Capital.

Feng Yuhai, the largest shareholder of Dingsheng Capital, is also the chairman of Dingsheng Capital, and he is one of the most famous figures in Donghai Investment Bank.

Feng Yuhai will celebrate his [-]th birthday next year. In his early years, he was a partner with Chen Xingye, the old man of the Chen family.

Later, Chen Xingye retired and handed over Pengcheng Capital to Chen Lipeng.

Therefore, strictly speaking, Feng Yuhai can be regarded as Chen Lipeng's uncle.

Of course, Feng Yuhai wouldn't make such a spectacle, there's no need for it.

Besides, Feng Yuhai is also cultivating successors now, so he brought his son Feng Yunbin to this golf gathering to get to know the top executives of the major investment companies in Donghai.

"Feng Yunbin, the dog, just came back from studying for an MBA abroad, all the bosses will take care of you in the future."

"Mr. Feng is really a good-looking talent." The CEOs of several investment banks complimented him with a smile.

Wearing gold-rimmed glasses, Feng Yunbin smiled and shook hands with the bosses of the investment bank present, with a very thoughtful etiquette.

Moreover, when shaking hands, you can accurately call out the other party's name and position. Obviously, you have done your homework before coming.

"It's the world of young people now, and it's different for top returnee MBA students." Chen Lipeng also studied an MBA abroad before returning to take over Pengcheng Capital.

After carefully picking it up, Chen Lipeng was able to take over Pengcheng Capital and manage it well, which is already a success.

Feng Yuhai smiled and complimented: "Yun Bin, you need to learn more from Mr. Chen, Mr. Chen is your senior brother."

"I have read Mr. Chen's classic investment cases, and I admire them very much." Feng Yunbin cupped his hands with a very humble attitude.

Chen Lipeng quickly waved his hands: "Don't dare to do it, don't dare to do it."

After Feng Yuhai took his son and introduced it to the CEOs who participated in the event, he gathered in a private room with several investment bank CEOs who worked closely with him to drink tea.

He was the first to speak: "Mr. Chen, Dachuan Audio's acquisition this time is not very successful."

Although Dachuan Audio's financial problem has not been completely resolved, thanks to the sales of the Chuanliu series, it has turned losses into profits.

If there are no accidents, Okawa Audio is unlikely to go bankrupt.

Therefore, Pengcheng Capital and Dingsheng Capital's initial plan to swallow Dachuan Audio naturally failed.

Speaking of the Dachuan Acoustics acquisition this time, it is necessary to mention the relationship between Pengcheng Capital and Dingsheng Capital.

The two investment companies had a deep cooperative relationship in the early years.

Moreover, the Chen family owns 9.7% of Dingsheng Capital and is the third largest shareholder.

Feng Yuhai also owns 6.2% of Pengcheng Capital, making him the fourth largest shareholder.

Therefore, the two belong to a relationship where one prospers and the other loses.

In the financing plan of Dachuan Audio.

Pengcheng Capital and Dingsheng Capital did not intend to eat Dachuan Audio from the very beginning. The project of investing in Dachuan Audio followed the normal investment procedures.

Chen Lipeng had personally visited the factory of Dachuan Audio, and felt that the potential was good, so he decided to invest in Dachuan Audio.

However, when signing the contract, Pengcheng Capital and Dingsheng Capital played tricks and left a clause that was beneficial to the investor.

Originally, such a clause might be discovered by the other party's legal counsel, who would then be required to re-draft the contract.

In other words, this clause was intentionally made by Pengcheng Capital and Dingsheng Capital at the beginning to protect the interests of investors, and this clause may not necessarily be used.

This clause stipulates that the investor has the right to withdraw the capital, and the amount of liquidated damages is very small.

If the legal counsel of Dachuan Audio raised objections to this clause, Chen Lipeng would agree to amend it.

As a result, Okawa Audio's legal counsel did not find any problems and signed the contract.

If the financing plan goes well this time, in fact, this clause will not take effect.

Everything went smoothly until the first phase of funds was in place and Lu Jianchuan purchased a new production line.

……

It wasn't until the "Singing and Singing" project that Pengcheng Capital lost a fortune.

In order to stabilize the company's shareholders, Chen Lipeng temporarily decided to eat Dachuan Audio to return blood, which led to the breakdown of Dachuan Audio's capital chain.

Feng Yuhai of Dingsheng Capital was also involved in the whole incident.

Therefore, for Feng Yuhai, it was a big loss for Feng Yuhai not to eat the fat of Dachuan Audio.

After all, for capital, not making money is losing money.

Now, Feng Yuhai once again brought up the acquisition of Dachuan Audio, which immediately made Chen Lipeng's face turn a little ugly.

"Da Chuan Acoustics turned losses into profits, which is unexpected." Chen Lipeng explained dryly.

Feng Yuhai is older than Chen Lipeng, so he is a bit more airy, and he doesn't even mind embarrassing Chen Lipeng with words:
"Mr. Chen has failed several projects in a row during this time, and all of them were lost by the same person."

Of course Chen Lipeng knew what this meant.

In the "Singing with Sound" project, the money was lost because of Fang Xing.

When it came to the acquisition of Dachuan Audio, the failure was also due to Fang Xing's meddling.

Chen Lipeng's expression was a bit ugly, and he replied blankly: "The opponent is indeed difficult to deal with, Mr. Feng, don't just let me charge into the battle, when will you do something?"

Feng Yuhai laughed, relieved the atmosphere, and said: "Yes, the opponent is indeed difficult to deal with. In the field of music, it is really normal to not be able to beat the opponent.

"Investing in a record company still has to rely on the work to speak, this Fang Xing, in terms of music, is indeed capable.

"The opponent has strengths, we have to admit it.

"Originally, I just thought that he was difficult to deal with in music, and if he dragged the battlefield to business, he shouldn't be able to play any tricks, right?
"Who would have thought that he could use songs to revitalize Dachuan Audio, which really broke my business thinking.

"Mr. Chen is no match, and it's not surprising. After all, a company that can continuously release blockbusters in music and film and television is once in a hundred years."

Because Feng Yuhai is the fourth largest shareholder of Pengcheng Capital.

If Pengcheng Capital loses money, it is he who loses money.

Therefore, when Pengcheng Capital and Ark Culture were fighting, Feng Yuhai also kept paying attention.

This time, Dachuan Audio made the brand "Sichuan Liu" famous with one song.

It really broke their original business idea.

Chen Lipeng's expression was still unsightly, his eyelids closed slightly, he changed the topic, and asked Feng Yunbin the problem: "Mr. Feng returned from his MBA abroad and is a young man again. What do you think of Fang Xing and Ark Culture?"

Feng Yunbin glanced sideways at his father, and after getting permission, he said with a smile: "Actually, things are very simple. One of the truths that will never change in investing is that you don't get stuck with money. If you can't beat it, just join. It's such a simple thing. "

Join if you can't.

This is indeed very reasonable, but after hearing it, it's like not listening.

Chen Lipeng smiled lightly and said, "What does Mr. Feng mean? Are you going to cooperate with Ark Culture?"

Feng Yunbin smiled, and continued: "I checked the shareholding structure of Ark Culture before, and this company is wholly owned by Fang Xing, and has not raised any financing.

"The scale of Ark Culture is not large at present, and the valuation is not high. Now is the best time to enter the market.

"It's not just luck for a company to release dozens of chart-topping songs and two hit TV series in a row.

"So, it is better to be a partner than an opponent of Ark Culture.

"I have calculated that the current valuation of Ark Culture will not exceed 3 million, but it will be hard to say in a few years.

"In other words, this is a unicorn."

Chen Lipeng frowned, shook his head and said, "If you want to invest, Fang Xing must be willing to accept the investment."

Feng Yunbin shrugged and said: "It depends on the skills of the bosses. Ark Culture doesn't want to raise money, so we can find a way to make him think."

The bosses of several other investment companies present were suddenly thoughtful.

Chen Lipeng frowned, shook his head and said: "I know the economic situation of Ark Culture very well, their main income comes from the copyright income of songs and TV dramas.

"And these incomes do not require high costs.

"The songs and TV series are produced by Fang Xing himself, and the investment in the TV series is only 4000 to [-] million, and he is not even willing to accept investment from other film and television companies.

"In this case, Ark Culture does not need financing at all."

usually.

When a company is in its entrepreneurial stage, what it lacks the most is capital, so it needs financing.

Investment companies are looking for potential teams to invest in among many entrepreneurial teams.

Through many rounds of investment, the company has been promoted from a grassroots team all the way to the listing, and then reaped benefits.

You can also get off the bus halfway to earn value-added income.

Therefore, the investment company can invest in any company, and both parties have the will.

In fact.

Investment companies receive countless financing proposals every day. In the entrepreneurial market, there will never be a shortage of companies that need investment.

But there is a prerequisite for investment, that is, the invested company needs funds.

Fang Xing's Ark Culture belongs to a strange company. It doesn't need financing, and it can develop very well, and it develops very quickly.

This is completely against the common sense of the investment industry.

In dealing with this kind of company that refuses to raise funds, does capital have nothing to do?
of course not.

Times are constantly evolving. Occasionally, a newly emerging company will emerge and use a brand-new model to rise rapidly.

For example, the concept of sharing a few years ago is a brand new model.

However, sharing companies need a lot of capital in the early stage to quickly expand their scale and occupy the market.

Therefore, such companies need to burn money to occupy the market, so financing is a must, and no money means nothing.

Suppose, there is a company that rises rapidly.

Capital wants a piece of the pie, but this company does not know how to flatter and does not accept capital entry.

At this time, what will capital do?
Very simple.

Capital can invest in another team, copy the same company, quickly occupy the market by burning money, and directly squeeze this ignorant company out of the market.

In this way, the company can only go bankrupt.

Therefore, emerging companies, in most cases, cannot refuse capital investment.

Capital has countless ways to kill these ignorant companies.

What's more, it's not a single capital that started, but countless capitals entered the market together to eat up the company alive.

……

This set of business practices is the most conventional operation of capital.

Therefore, the bosses of the investment companies present at the scene immediately thought of spending money to squeeze Ark Culture to death, or squeeze Ark Culture to the verge of bankruptcy, and then make a purchase.

But there is a problem here, that is to squeeze the Ark culture to death first.

It seems that it is not so easy to achieve this goal.

In fact.

Pengcheng Capital has been fighting against Ark Culture.

Pengcheng Capital invests in whatever projects Ark Culture engages in. The purpose is to knock down Ark Culture and force Ark Culture to accept investment.

However, all the projects invested by Pengcheng Capital were rubbed against the ground by the projects produced by Ark Culture.

in fact.

For capital, it is already an instinct to invest in other companies and compete with competitors.

Pengcheng Capital has already done this, but it didn't work.

Chen Lipeng shook his head and said, "Young Master Feng, what do you think should be done to make Ark Culture accept investment?"

At this moment.

Feng Yuhai interjected: "Yun Bin has only returned to China not long ago, and he doesn't know enough about domestic business models. If Ark Culture is so easy to deal with, there won't be so many bosses sitting here."

Feng Yunbin smiled and said: "There are actually many methods. I know, bosses, there are some methods. If one method doesn't work, let's try one by one. For example, taxes, business qualifications, some are methods, aren't they?"

Feng Yuhai smiled when he heard his son's words.

In China, there are too many ways to deal with competitors.

Especially contacts, geographical advantages, there are plenty of ways.

There are many ways for capital to kill a company.

Chen Lipeng smiled and said, "Mr. Feng, I heard that your brother-in-law is very well connected in tax affairs."

Feng Yuhai immediately laughed, and interrupted: "Mr. Chen was joking, let's drink tea."

……

This afternoon.

Fang Xing and Lu Xianger were rehearsing with the Dongyin No. [-] Symphony Orchestra for the opening ceremony of the Olympic Games. At three o'clock in the afternoon, they received a call from Qiao Yinghong.

Qiao Yinghong's voice on the phone was urgent: "Boss, the relevant departments are here to check the tax. It's better for the boss to come back."

Fang Xing didn't know what happened, but the tax inspection is a big deal, once something happened, it would be a big deal.

Therefore, Fang Xing hurriedly took a leave of absence and returned to the headquarters of Ark Culture.

Back at the company, I did see some department personnel checking taxes.

After Fang Xing came back, he ordered everyone in the company to cooperate with the investigation.

Fang Xing has always been serious about paying taxes.

After all, there should not be too many celebrities who were planted because of this incident in the previous life.

Where Ark Culture was established, there was no dedicated financial department, so the tax payment was outsourced to the largest tax agency in Donghai.

Therefore, you can rest assured in paying taxes.

(End of this chapter)