China Entertainment: I became a capital tycoon

Chapter 411 409. I want to acquire Girls’ Generation
  The young man Wang Tao received a call from Fei'e Technology's boss Cao two days ago. He was already a little flattered. He never thought that this legendary entrepreneurial idol would come to his small place in person.

He enthusiastically invited this young man, who was two years younger than himself but already well-known in China, into the factory.

The office is separated from the warehouse. Although the place looks dilapidated, it is clean and organized.

Several workers were making some products. The small office seemed to double as a laboratory. There were also three young people designing things.

"Sorry, I made Mr. Cao laugh when I first started my business."

Wang Tao embarrassedly pulled up two chairs, asked Cao Yu and Cai Chongxin to sit down, poured a cup of tea, and said with a self-deprecating smile: "Actually, we also raised some money last year, but it was a pity that it was all spent on research and development."

"Understandable."

Cao Yu nodded, and then introduced: "This is the COO of our company, Cai Chongxin, Mr. Cai. He will discuss cooperation with you this time."

"Mr. Cai Cai?"

Naturally, Wang Tao had heard of Cai Chongxin's reputation. He was one of Ali's Eighteen Arhats and was once a famous figure in the business community in his hometown of Zhejiang Province. He didn't expect to meet him in person.

"it's me."

Cai Chongxin smiled and said, "I heard that Boss Wang graduated from Xiangjiang University and specialized in drones?"

Wang Tao nodded: "Yes, I have had a dream of flying to the sky since I was a child."

Cai Chongxin looked at the surrounding environment and asked deliberately: "Do you think your dream will come true here?"

"."

Wang Tao was silent for a moment, then nodded heavily: "Definitely!"

"Ha ha."

Cai Chongxin originally thought that he would hesitate or lose confidence when facing himself, so that he could take more initiative in negotiations.

"The boss has a good vision."

I didn't expect this young man to be so determined, but it didn't affect his plan. He had a second set of excuses.

Cai Chongxin glanced at his boss with admiration and said with a smile: "Sure enough, he is the young man our boss likes. Very good. We, Fei'e Technology, can invest in your project and help you build a better laboratory. And A better factory.”

"Really?"

Wang Tao thought that Boss Cao came this time because he was optimistic about his skills and just wanted to give money. He didn't expect that the other party would give so much.

Cai Chongxin nodded and said: "Of course, it is better to teach people to fish than to teach them how to fish. This is our investment philosophy at Fei Ge."

"what do you need?"

After Wang Tao got excited, he immediately calmed down and said seriously: "I can accept investment, but I will not sell the company."

"I have investigated. Your company was established in 06. Although it raised US$[-] million from six institutions last year, all the money was used to develop drone systems. It is now losing millions every year. Such a company , we won’t buy it either.”

Cai Chongxin shared what he learned on the road and what he found on the Internet.

"What do Mr. Cao and Mr. Cai mean?"

Wang Tao felt relaxed, as long as he didn't sell his company, he could say anything.

"The environment here is too bad. We at Fei'e Technology plan to invest [-] million US dollars to support you in establishing a drone flight laboratory and production factory. The boss of the company will still be you."

Cai Chongxin slowly expressed the boss's thoughts: "As for the shares, you used 10% of the shares to raise US$45 million last year. This time we only need [-]%, so you won't suffer."

"45% of the shares."

Wang Tao hesitated.

At present, the shares of all entrepreneurs in the company add up to 90%. If Boss Cao takes 45%, although he is the boss, he will no longer have the right to speak, which is equivalent to selling the company.

He thought for a while and said: "I think the laboratory is the most important. We will consider the factory later. I only need 32 million US dollars now to give you [-]% of the shares. This is my bottom line."

Cao Yu, who had been silent until now, suddenly spoke: "Actually, besides investing, I have another idea when I come here this time."

"what idea?"

Even Cai Chongxin didn't know what Cao Yu was thinking, and several people looked at Boss Cao curiously.

"I come from an entertainment background. Things like drones are still unpopular now, and there are also a few talents in this field in China."

Cao Yu took a sip of tea and said slowly: "My plan is to hold a global drone competition in the future and broadcast it on our Flying Goose Video. This way you can make your drones a star product and also It can drive more young people in China to pay attention to science and technology."

"Haha, Boss Wang, the reason why we want to get enough shares is to have enough say in the company. In the future, we will not only research drones, but also robots."

Every word spoken by Cao Yu echoed in Wang Tao's heart. He originally just wanted to make a good drone and make the company profitable as soon as possible, but he didn’t think about much else.

Who knows that Boss Cao really has a longer-term view.

If he really invests, it will definitely be good for the company.

“Boss, why didn’t I think of such a great idea like a drone competition?”

Cai Chongxin admired this young boss even more at this time: "No wonder it was able to develop to this scale in just a few years after getting two million from Ahli."

At this time, Cao Yu said again: "If you are not interested in factories, I actually don't mind building a factory by myself, but I don't think this is good, and when the company is started, other venture capital will join. Your current The shares will be diluted, but if you are losing money now, you don’t know if you can wait until one day.”

"I know this."

Wang Tao nodded. He also knew that drones were only a niche after all, and no one knew how his dream would develop.

The young rich man in front of him owns the world's number one video website. If he can really hold a drone competition, the company will definitely develop faster and better.

And behind this boss Cao, there is Huawei that he looks up to.

After pondering for a while, Wang Tao finally said: "Mr. Cao, in your capacity, I am very grateful to come here in person, so I will take a step back and give you 33% of the shares, which is still only [-] million US dollars." , I will invest [-] million in the laboratory for research and development, and I will invest [-] million in the factory, what do you think?"

"You should talk to Mr. Cai about this."

Cao Yu has already said that. Negotiating these details will be left to Cai Chongxin, who should be better at it.

After walking around the workshop, when he came back again, Cai Chongxin had spent US$40 to get [-]% of DJI's shares.

Although he did not get 45%, it was almost as much as Wang Tao's shares.

"Mr. Cai, you should pay close attention to this project. It is very important to our future."

On the way back, Cao Yu made arrangements: "In two days, I will go to Han Bang, and there are some things to arrange there."

"I understand, I will keep an eye on it personally."

Cai Chongxin agreed and asked: "Mr. Cao, when do we plan to go public?"

"Let the video company go public first, and then we'll see about the rest."

Regarding technology, Cao Yu thinks Ren Zhengfei is right. Try not to let foreign capital get involved in order to be more independent.

Back in Yanjing, Cao Yu asked again about the preparations for the movie "The Lost Orphan" and flew directly to Seoul.

In Shanghai, a family concert by SM Entertainment is also being held.

Although Girls' Generation, a girl group that SM has high hopes for, has not yet developed, there are still boy groups including BoA, TVXQ, Super Junior, and SHINee, so the venue was still full.

"Black Sea, why is it the Black Sea again?"

I thought that when I came to China, a situation like the Black Sea would not happen, but what made president Jin Yingmin depressed was that the Black Sea appeared again.

The Black Sea appeared three times in one year, causing the nine girls on the stage to almost collapse.

After they performed, they hugged each other and cried in the lounge.

Several of them have been training for many years, and now they have made their debut, but they got this result.

And Jin Yingmin looked at these girls and didn't know how to comfort them.

"Hey"

Just as he sighed, his phone displayed a number, and it turned out to be a call from FNC's vice president, Jin Guangzhu.

After answering the phone, Jin Yingmin asked unceremoniously: "Jin Guangzhu, are you going to laugh at me?"

Jin Guangzhu on the phone smiled and said: "President Jin misunderstood, I am not looking for you, it is our president who is looking for you."

"Your president? Cao Yu?"

"That's right, just wait a minute."

A moment later, a young voice came from the phone: "I saw on the Internet that the SM Family's Magic City concert had another black sea. I deeply regret this."

"As expected, I came here to laugh at you."

Jin Yingmin didn't believe that this Chinese man was so kind to comfort him, and said dissatisfied: "If you have anything to say, just tell me."

The young man chuckled and said, "I want to buy Girls' Generation. I wonder if President Kim can give it up?"

(End of this chapter)