They were all so into the drama!

Chapter 112 10% shares, four million?

"Second uncle, why do you suddenly want to invest in a dating website?" Huo Chengyin asked with surprise on his face.

Huo Mingjie said vaguely:

"I'm just optimistic about this model, and I think I can make money from it!"

Xiang Zixin on the side suddenly raised his head, revealing his dark circles, and interjected:

"I have already talked with Hurley, the person in charge of the website. In fact, they have recently planned to change the business direction of the website, from a dating website to a real online video sharing website."

Because of the time difference between the two places, Xiang Zixin stayed up all night in order to communicate with the person in charge of YouTube!

After hearing this, Huo Mingjie, who was still a little hesitant at first, suddenly became convinced.

Sure enough, online video sharing website, isn’t this YouTube?

Huo Mingjie immediately clapped his hands and said:

"I am very optimistic about this online video sharing model. It feels like a video version of a blog. Everyone can publish their own content online!"

Xiang Zixin said that he couldn't help but look at his boss again and said with admiration:

"Boss, you and Mr. Hurley have almost the same idea!"

My boss is really awesome!

Yesterday, I just took a casual glance at this dating website and saw its most competitive content from its appearance...

Huo Mingjie was looked at by Xiang Zixin with admiring eyes, coughed lightly and said:

"I just think if blogs are popular, then this kind of video sharing website will also work..."

Huo Chengyin looked at his second uncle, then at Xiang Zixin, but instead of trying to dissuade him, he asked instead:

"How much to invest?"

Xiang Zixin said, quickly turned the computer screen over, pointed at the email just sent from the other side, and said:

"Due to the change in business model, Mr. Hurley needs a certain amount of capital turnover, so he is willing to accept investment."

Having said this, Xiang Zixin swallowed his saliva and said:

"His valuation of his website is $5 million. He is willing to give up 15% of it."

Huo Chengyin heard this and counted with his fingers.

"Ten percent of five million is half a million dollars... What's the current exchange rate?"

"A US dollar is almost eight dollars," Xiang Zixin replied.

Huo Chengyin nodded and said:

"Oh, that's four million..."

At this point, Huo Chengyin's voice suddenly stopped, his eyes widened, and his tone increased:

"Four million, in exchange for 10% of his shares in a broken website?"

"He might as well go grab it!"

Today, YouTube is still preparing to change its business direction. It has only a few thousand registered users and only three founders as employees.

With these conditions, he dared to value himself at five million US dollars. No wonder Huo Chengyin scolded him for robbery.

Xiang Zixin said quickly:

"Mr. Huo, don't worry, this is the preliminary intention, we can continue to discuss it."

"This is considered robbery, what else are we talking about..."

Huo Chengyin wanted to say something else, but Huo Mingjie held him down and said in a deep voice:

"We can continue talking!"

Having said this, he looked at his cheap nephew and said seriously:

"I think this investment will not be a loss!"

Huo Chengyin looked at his second uncle's serious expression, moved his lips, and then said helplessly:

"Second uncle, the question is how long ago did we start making money? Where did we get so much money?"

As he spoke, Huo Chengyin counted on his fingers:

"The biggest amount of money we have now is several public relations fees on the account of the navy company. "Jingwei", "The Condor", and the money from Chengtian Entertainment, these three sums are in addition to the wages and bonuses of the navy , there are only more than 2.5 million left in total."

"All the remuneration you received from filming before, now only adds up to more than 200,000 yuan left."

"By the way, there is also the endorsement fee this time. One million is a lot, but that is the studio's revenue. It must be divided with the company at the end of the year. You can't touch it now!"

Excluding the revenue from the Navy Company and the share from the Sugar Man Company, Huo Mingjie earned close to one million in the equivalent of one year since he started filming.

This kind of money-making speed is naturally not comparable to that of entertainment stars a few years or more than ten years later.

But in the current social environment, it is already powerful enough. No wonder so many people are thinking hard about entering the entertainment industry...

But in the final analysis, Huo Mingjie worked hard to make money from filming, but in the end it was far less than the revenue generated by the navy company's large-scale online public relations.

This point alone tells Huo Mingjie that in 2005, when celebrity salaries have not yet increased dramatically, if you want to become your own capital, you still can't make money honestly by filming!

Huo Mingjie, however, had made up his mind and said in a deep voice:

"Find a suitable professional first and continue talking there. As for the money issue, we can think of a solution later!"

The valuation of the website can be negotiated, and if it is really not enough, you can buy fewer shares.

If Huo Mingjie hadn't known how long it would take for YouTube to start generating revenue, and wanted to have a little more stability, he would have planned to borrow money directly and get more shares...

When Huo Chengyin heard this, he looked at his second uncle and couldn't help but ask:

"Are you so optimistic about this website?"

Hearing this, Huo Mingjie nodded extremely seriously.

Seeing his second uncle's resolute attitude, Huo Chengyin was silent for a moment, and finally sighed helplessly and said:

"Okay, anyway, this money is all earned by you... If you lose, you'll have to start all over again!"

Think about it, Huo Mingjie is so young, and now that he is becoming more and more famous, his future is bright.

Even if you lose all the money you make, it doesn’t seem to be a big deal!

When Huo Mingjie saw his cheap nephew nodding in agreement, he immediately became overjoyed and made a final decision:

"Zixin, keep talking with them, and we'll find professionals to prepare. Once the price is a little settled, we'll implement the contract immediately and finalize it as soon as possible!"

Hearing this, Huo Chengyin smacked his lips and said:

"The main thing is money..."

"How about we do something on the Internet and get some public relations money back?"

Huo Mingjie refused without even thinking:

"People are not fools. This kind of routine will become useless if you do it too much!"

Having said this, Huo Mingjie paused for a moment and then said:

"Let's discuss with the company to see if my dividends can be withdrawn in advance... If I accept a few more endorsements by then, it shouldn't be a big problem!"

Huo Chengyin shook his head repeatedly and said:

"It's really a bit of a loss to sign an endorsement now! At least wait until the end of the year before thinking about endorsements. By then, the endorsement price can probably be raised..."

Hearing this, Huo Mingjie shook his head and said solemnly:

"That way you can get an endorsement fee of 20,000 to 30,000 yuan at most, but if you miss this opportunity, I'm afraid you will lose a hundred or a thousand times..."

When Huo Chengyin heard this, his brows moved and he couldn't help but murmur in his heart.

My second uncle, is he really so optimistic about this crappy website?

This part of the content is obtained by consulting the information published online. The timeline is slightly delayed and can be ignored.

Five months after the transformation of the website, YouTube received a Series A investment of US$3.5 million by giving up 30% of its shares.

At this time in the book, the future of the website was uncertain, and one of the three partners was even bankrupt, so I felt it was not unreasonable to accept the investment.

Well, anyway, business investment is just a subplot of this book. If there is anything unreasonable, please let the big guys who know about it lightly...