Chapter 183: Saving 4 billion can earn you a million a year
. I have to say that Chen Jing is still a good comrade.
Although the boss's plan doesn't sound so reliable, she still helps to improve it seriously.
"Boss, which industry do you plan to enter?"
"It's still relatively close to the entertainment industry, such as games, fast fashion, the Internet and the like." Meng Bai said: "But if there are other suitable companies, you can also take a look. There is no need to limit yourself to a certain industry."
To be honest, Meng Bai is not without venture capital experience.
The "target" of his first venture capital was himself.
From starting from scratch to having a little fame now, in his understanding, venture capital for start-ups, first look at the personal ability of the founder, and second look at the market space of the company's business.
So he actually has no obsession with the industry, whichever one makes money.
The reason why he wants to get closer to the entertainment industry is because his main business is still in the film and television industry. If the industry is close, there will be greater cooperation benefits in the future.
Of course, all this is based on the success of the investment.
"I understand." Chen Jing nodded and adjusted her glasses. "I will compile a list and information of startups that are in demand in the market in the next few days. In addition, boss, do you personally have any optimistic companies?"
Meng Bai touched his chin: "I have always been optimistic about ByteDance."
"ByteDance?"
"Oh, it's Toutiao."
Chen Jing suddenly realized that she knew Toutiao. This is an Internet company founded by Zhang Yiming, the younger brother of Meituan's Wang Xing, two years ago. It mainly engages in information search and distribution business.
The growth momentum is very strong. Since its establishment in 2012, it has only been three years. It has developed into a "top-tier" platform with nearly 300 million users and 25 million daily active users.
As far as she knows, the company just completed the C round of financing led by Sequoia Capital last year.
The financing amount is 100 million.
US dollars.
Even so, it only got 20% of ByteDance's shares. In other words, the capital market's valuation of this company is as high as 500 million US dollars.
And this is the price last year. Now, this number has almost doubled tenfold.
Qiming Venture Partners' current assets are 30 million RMB, which is about 5 million USD according to the current exchange rate.
Not bad, almost one thousandth of others.
"Boss." Chen Jing said calmly: "You have a good vision, but unfortunately, global capital has a good vision."
"Heh." Meng Bai laughed dryly: "I know, just talk about it and discuss the feasibility."
"Actually, it's not that there is no chance."
"Oh?" Meng Bai's eyes lit up and poured a glass of water for Chen Jing, "Tell me more."
Chen Jing thanked him and continued: "It's very simple. As long as we can add a zero to Qiming Venture Partners' funds by the end of the year, we have a chance to catch up with the D round of investment."
"..." Meng Bai looked at Chen Jing speechlessly.
If I can make 300 million in half a year, why would I invest in ByteDance
? I can just wait for others to invest in ArcLight. This is like that classic joke, how to make a million a year? Deposit 60 million in the bank. How do you get 60 million? Deposit 4 billion in the bank.
ByteDance must be wishful thinking for Meng Bai. If he really wants to find a suitable target, he still has to go to the capital market to "find a needle in a haystack".
Chen Jing acted quickly. In less than half a month, she handed Meng Bai a list of hundreds of start-ups and more than 200G of corporate information.
"So fast?" Meng Bai looked at the detailed corporate information on the screen and said in surprise.
Even if an entire experienced team came to do this, it would take more than a month or two to collect it.
"Oh, I have a few friends who are also in the investment field, so I asked them to borrow it directly." Chen Jing explained, "But they can only give me some public information, and there is no internal research and judgment information and investment analysis."
"It's already very good." Meng Bai was still very satisfied, "It's impossible for them to give us outsiders their core information, so it's enough to have these."
Looking at the neatly arranged information in the folder again, he looked at Chen Jing sincerely: "Thank you, Sister Jing, I owe you a favor."
"It's nothing." Chen Jing said, "These public information were sent to their venture capital companies by the companies on their own initiative. They were originally sorted out, and my friends also did a little work."
Meng Bai smiled. Chen Jing said it easily, of course, the work may not be difficult, but this favor is real, because they are looking at her face.
Speaking of which, Sister Jing has been in Arclight for more than a year. She has always been hardworking and has never made any mistakes, whether it is the financial accounts of the crew or the income settlement between Leshi.com.
Meng Bai has already planned to make another adjustment to the corporate nature of Arclight Film and Television before the end of the year.
First, it is to prepare for possible financing in the future.
Second, it is also to give some dry stock dividends to the management who have made great contributions to Arclight, such as Chen Jing, so that everyone can make money together.
As the scale of Arclight Film and Television grows, the number and ability of management personnel are also getting higher and higher. Without satisfactory benefits, how to attract talents to join.
What Arclight Film and Television lacks most now is a comprehensive manager with a wide range of network channels.
After all, Meng Bai often goes out with the crew for ten days or half a month, and needs someone who can be responsible for daily operations.
The most ideal candidate in his mind is Liu Jun. After all, he has cooperated with this brother for such a long time, and the cooperation is tacit, and the other party's ability and qualifications fully meet the needs of Arclight Film and Television.
It's just that he is now a member of Leshi.com. If there is no suitable opportunity, I am afraid he will not easily change jobs.
After getting the information, Meng Bai put most of his energy on studying these companies.
Fortunately, the filming of "Forensic Qin Ming" is nearing its end, and now the only thing he has on hand is the script rewriting of "Detective Chinatown".
Oh, by the way, there is also the script of "The Wandering Earth".
However, this project can't be done quickly. He and Guo Fan have just recently determined the main storyline, and there are still a lot of details that need to be filled in after the demonstration and design are completed.
Conservatively speaking, it will take at least the end of the year.
And even if it is completed, the results are still unknown.
Can China Film pass their settings? Will they choose their team after passing? No one can say for sure.
Meng Bai has thought it through anyway, and the one million investment is just a qualification to brag about in the future.
"Thinking back then, the brothers worked hard and contributed real money to the development of domestic science fiction..."
Once this qualification is put out, the audience and netizens will not only remember the merits of Arc Light, but also the hard work.
Time passed in a flash. In mid-May, "The Best of Us" was completed. Liu Haoran went to prepare for his college entrance examination, and Meng Bai also took out the first version of the script of "Detective Chinatown".
Compared with the plot that was told to Chen Sicheng at the beginning, the story of the movie version has changed a lot. Except for the retention of part of Qin Feng's personality, the rest is basically new.
"The origin of the story is a case of 'murder and treasure'. A gold shop in Chinatown, Thailand was robbed, but the criminal died in his own studio. Tang Ren, the 'Chinatown detective' hired by a mysterious man, unexpectedly became the biggest suspect. It happened that the 'reasoning genius' nephew came to seek refuge, so the 'protagonist duo' kept dealing with the underworld bosses, the police station and the thieves, while escaping the pursuit, while reasoning about the truth of the case..."
In the room, Meng Bai roughly told Chen Sicheng the main plot.
"Well - it sounds a bit like Guy Ritchie's "Snatch." Chen Sicheng said.
Meng Bai smiled slightly: "Brother, you have a good eye. Indeed, this story itself has some black humor, so I also made similar treatments in the story structure."
Human civilization has developed for thousands of years, and the routines and structures of literary stories have basically been explored. How people write later is nothing more than modifying the "skeleton" of their predecessors and adding their own "flesh and blood".
Chen Sicheng nodded. He has been a screenwriter himself, so he naturally understands this.
Besides, Guy Ritchie's style is really suitable for this movie. As long as the story itself is different, imitating other parts is actually a way to improve the quality of the film.
"This 'Tang Ren' is the role for Bao Qiang, right?" Chen Sicheng asked.
Meng Bai nodded: "Yes, and in order to match the personal style of Teacher Bao Qiang, some action plots have been specially added. But this aspect needs to be designed by you, senior brother, I really don't know much about action."
Since it is a comedy style, it is natural that there are all kinds of gags.
For Meng Bai, there is no pressure on these small jokes in the plot and lines. Before, whether it was "Soul Ferry" or the current "Forensic Qin Ming", they all took this route.
But in terms of action comedy, he, as a screenwriter, is powerless.
"No problem, there are professional martial arts directors, and Baoqiang himself has the ability to design actions."
Chen Sicheng said indifferently. He was more concerned about another question: "Does Leshi Films have any intention to cooperate in this project? I don't think the words 'Green Ivy Series' appear in the plot at all."
"Oh, I've talked to Leshi." Meng Bai spread his hands and said, "But they said that there are already many projects starting filming this year, and there is no plan for additional investment."
"As for the problem of the plot, I have said before that the first part is the 'Origin Chapter'. Let's first establish the characters and tell the story well. As for whether to expand the background setting, we can wait until the next part."
As a new series without the original mass base, the most taboo thing is that the creators are "greedy". In a
100-minute plot, they want to tell the character growth, the main story, and a huge background, but the final result is that nothing is told well.
"The Lord of the Rings" took three films to tell the story of "returning the ring".
Let's not talk about other aspects, but in the film field, Chen Sicheng is still quite capable. He accepted Meng Bai's suggestion, gave up the extra ideas, and made the first film as an independent "suspense film".
(End of this chapter)
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