director of the millennium

In a $20 billion financing plan, even if only $18 billion will be injected into the company and the remaining $2 million will be distributed to shareholders for cashing out, this is still not a small amount of money.

Before, Wu Yuan sold all the money from Times and only injected 20 billion US dollars into Guangying Kuaibo.

By the way, the shares of each shareholder were diluted once at that time, and Wu Yuan’s personal shareholding ratio became higher. That should be regarded as the first angel round investment of Guangying Kuaibo.

However, with this refinancing, Wu Yuan's shares will also be diluted proportionally, but because he holds more than 80% of Guangying QVOD shares, he will still firmly hold the controlling rights even if it is diluted.

Wu Yuan is not a person who is extremely possessive of company shares. In modern commercial companies, it is almost impossible for most of a company's shares to be concentrated in the hands of one person.

Sometimes holding too many shares is not a good thing. After all, shares are not directly equal to money. If you don't cash them out, they are just a string of numbers in your hands and have no meaning at all.

Wu Yuan plans to dilute his shares in Guangying Kuaibo to about 2% through 3 to 60 rounds of financing. He will still have absolute control over the company, but will be able to cash out a large amount of cash through financing.

The most important thing is that after several rounds of financing, not only have many investment companies been introduced, but the market value of Guangying Kuaibo will also increase several times. By then, the 60% stake in Wu Yuan's hands may be worth several times more than the current 80%.

But if he doesn't raise funds, it will not be easy to increase the market value so many times. To be honest, the market value of most listed companies is just hyped up by these investment companies using financial means.

After all, investment companies invest in companies for the sake of the market value of the shares in their hands, and finally cash out after the company is successfully listed, or continue to hold on and continue to drive up the value.

In this process, the company's market value must be multiplied several times so that they can earn "several times" of profit.

Therefore, it is not a bad thing for a company to raise funds, go public, and sell its shares to investment companies. In a sense, it is exchanging shares for market value.

This is why, after most companies reach the stage of going public, the shares held by the startup team are mostly diluted to around 20%, but the value of this 20% of shares may be higher than the original 100%, and then they cash out billions of cash in hand.

Wu Yuan did not intend to dilute his shares to such a small amount. After all, he was not very short of money, and he did not have any new investment plans that required a large amount of cash to start up.

Although as the founder, Wu Yuan can still firmly control the company with only 10% of the shares through methods such as AB shares, equal shares but different voting rights, and signing a letter of concerted action, there is no need for this.

He only plans to raise tens of billions of dollars to improve his life. He will not invest this money in other companies such as Guangying Times and cinemas, but will use it entirely for family expenses and living expenses.

After working so hard for so many years, you really deserve to enjoy yourself.

He also planned to buy big villas, luxury cars, yachts and other things that rich people play with and enjoy them.

I heard that Jackie Chan even bought himself a private jet!

Wu Yuan felt that he should also have a fight!
"Ahem." Wu Yuan brought his scattered thoughts back into his mind.

Taking a holiday is indeed a very relaxing thing. Wu Yuan, who hasn't let himself go for a long time, actually starts to fantasize about the days of "enjoyment".

After a dry cough, he turned his gaze to Chen Dewei again and said with a smile: "I will leave the financing matters to you. It will probably be busy for a while. Thank you for your hard work."

“But I believe the hard work is worth it.”

Of course, according to the Guangying Qvod shares in Chen Dewei's hands, if the cashing out goes smoothly, he can also cash out several million US dollars, and achieve financial freedom in an instant. Of course, as a top manager who earned millions of dollars a year in the United States, Chen Dewei will not be so easily satisfied, and he will still be full of motivation for the development of the company.

In other words, when a career has reached this stage, it can no longer be measured by simple monetary value. Chen Dewei's current goal is to create Asia's largest online video platform, and monetary benefits are secondary.

That was why, when Chen Dewei saw Wu Yuan coming to the company for the first time and discussed financing matters, he was not going to let him go so easily and immediately took out several scripts that he had prepared long ago.

"Director Wu, please take a look. These scripts are for the web series that our company is planning to shoot this year. Do you have any questions?"

As one of the top directors in the country and someone who is very knowledgeable in the field of TV dramas (having acted in TV dramas himself and written scripts), Wu Yuan is undoubtedly the most authoritative person in the industry in Chen Dewei's eyes.

After all, although Chen Dewei is the helmsman of Guangying Kuaibo, he is mainly responsible for the company's development strategy as well as business, finance, and administrative matters. He really doesn't understand the specific content output.

In other words, the production department below felt that these dramas were very suitable for production, so he approved it. He trusted his subordinates very much and let professionals do professional things.

But now with Wu Yuan, Chen Dewei hopes that this big boss can take a look at it personally and give him reassurance.

Since he was already here, Wu Yuan did not refuse. His ability to appreciate scripts was indeed the best in the country. After all, he had integrated so many examples of excellent scripts from his previous life.

Pick up these scripts and take a look - "Forensic Qin Ming", "He's Coming, Please Close Your Eyes", and "Day and Night Chase".

The first two films were based on novels that Guangying Kuaibo bought the copyright for and then adapted into scripts themselves.

The last one was a script produced in collaboration with an industry team called Arclight Alliance. Arclight Alliance was responsible for script production, filming and other aspects, while Guangying Kuaibo was the investor and producer.

"Well, this "Forensic Qin Ming" and "Day and Night Chase" are both good."

"These two can be produced first, and as for "He's Coming, Please Close Your Eyes", it can be done last."

Wu Yuan simply read the three scripts. In fact, he knew all of them, but he pretended to read them for a while before asking, "Mr. Chen, is Guangying Kuaibo going to launch a suspense theater?"

"Are these three dramas all suspense or crime type?"

"Yes." Chen Dewei nodded repeatedly and said, "After evaluation by the subordinate departments of the company, they believe that suspense and crime themes are very suitable as the entry point for online dramas, because this type of drama is very troublesome to pass the review for TV series, and it is difficult to be broadcast on TV."

"But for online dramas, the current review is relatively vague and loose, which is just right for them to seize the market without directly competing with TV dramas on satellite channels."

"Especially for Forensic Qin Ming, the original novel is very popular on the Internet and has many fans, but because it involves anatomy, it is difficult to pass the review for TV broadcast. Making it into a web drama can avoid this problem!"

"Yeah." Wu Yuan nodded with satisfaction: "It's a correct choice. I think it's fine. Let's shoot as soon as possible."

Wu Yuan was happy in his heart. There was an expert in the company. This was exactly the online drama strategy of Qiyi Video later!
Very good! (End of this chapter)