Chapter 90
In the second year since Su Yin founded Yuexiang Entertainment, she began to gain popularity by regularly updating the trainees' training videos and daily life, as well as live broadcasting their performances on video websites. She also received many olive branches from investment companies and investors who wanted to invest in Yuexiang Entertainment, which was just getting started at that time.
Although, at that time, Yuexiang Entertainment had less than ten trainees and the conditions were relatively simple, it seemed that the popularity accumulated by these young people was purely luck.
However, the unprecedented operating model and low cost still attracted many investors.
Even though most investors don't actually expect this company and these young people to go far, they are just casting a net to catch fish.
Investing in Yuexiang Entertainment at this time only cost a few hundred thousand. There were even many people who came to Su Yin with one or two million to talk, wanting to buy the entire company including Su Yin as an employee.
This is considered a small investment not only in the entertainment industry but also in other ordinary industries. If this company really becomes popular, these investments can bring investors several times or even dozens of times the profit.
When everyone watched in shock as Yuexiang Entertainment slowly attracted more and more fans with the help of these kids who were originally just amateurs, and the number of views of each video episode increased, and they had accumulated a considerable fan base, more and more people began to realize that this seemingly shabby entertainment company and these teenagers might actually have some prospects and could really break into the entertainment industry.
By the time Moonlight Boys officially debuted, Yuexiang Entertainment had produced two hit variety shows and had over 10 million fans. More large investment institutions and well-funded investors also began to show interest in investing in Yuexiang Entertainment.
At that time, many investors offered Su Yin very favorable conditions, and some even offered a sum that exceeded the market value of Yuexiang Entertainment at that time in order to acquire the entire Yuexiang Entertainment.
It also guarantees that Su Yin will continue to hold the position of chairman of Yuexiang Entertainment, and investors will not interfere with the company's daily management, but will only take the profits corresponding to their share of shares each year.
They can help Su Yin bear a large part of the company's operating risks, while also providing her with sufficient working capital for the next development of Yuexiang Entertainment Company.
Seeing that the artists under Yuexiang Entertainment have become top-tier popular artists and the programs produced by them have also become the annual hits, Yuexiang Entertainment has developed from a small workshop-style micro-enterprise to a small and medium-sized entertainment company and a medium and large entertainment company relying solely on its own strength.
The high profits earned from investing in Yuexiang Entertainment every year have been noticed by more and more people, and plans to invest in Yuexiang Entertainment have been proposed by more and more investors and institutions, and they want to put them into practice.
The investment amounts they offered also increased from the initial millions and tens of millions to hundreds of millions in the past two years.
The investors include professional investment institutions, Internet companies, and video platforms. They can not only directly provide Yuexiang Entertainment with sufficient funds, but also provide assistance in other business, technology, and resource development of Yuexiang Entertainment.
Even many institutions directly contacted Su Yin, saying that they could help Yuexiang Entertainment go public and cash out, allowing Su Yin to directly double her personal assets.
If Su Yin sells her shares or even the entire Yuexiang Entertainment, not only will Yuexiang Entertainment not suffer any losses, she can still do her professional work, be responsible for management, and be on the rich list. Why not?
With the continuous rise of Yuexiang Entertainment, the capital level of the company is getting higher and higher, and the amount and conditions proposed are getting better and better.
After all, Yuexiang Entertainment has built itself up on its own, and its market capitalization has already reached double digits. It would be difficult for ordinary investors to offer Yuexiang Entertainment attractive conditions.
More importantly, the conditions and profits required to invest in a company of this scale were not that high. Yuexiang Entertainment's consistent refusal attitude also made most investors and institutions realize that Su Yin was determined to hold Yuexiang Entertainment tightly and not let anyone else get involved.
However, the development of Yuexiang Entertainment in recent years has also allowed more capital to see the huge potential that has not yet been fully tapped in the idol industry and fan industry, so many capitals still have the idea of cooperating with and acquiring Yuexiang Entertainment even though it already has strong strength.
Yuexiang Entertainment's influence is already firmly established, and other companies will not be able to surpass or replace it in a short period of time. If you can use money to buy the Yuexiang Entertainment brand and its current artists and programs, even if you can't get back much profit in a short period of time, it will not be a loss in the long run.
However, what makes these investors and institutions regretful is that Su Yin, the founder and owner of Yuexiang Entertainment, has never been willing to accept investment, let alone acquire the entire Yuexiang Entertainment.
Back when Yuexiang Entertainment was still small, Su Yin refused to accept outside capital to help shorten the company's development time. During this time, the company only borrowed money from banks for project expenses, and repaid it on time.
Joyful Entertainment had grown to its current size and become a veritable money-making machine. Su Yin herself had ample funds thanks to Joyful Entertainment and other investments. She certainly wouldn't simply allow other forces to enter Joyful Entertainment and take away her absolute power.
Before the managers from Blue Sky Capital arrived, they had already greeted Yuexiang Entertainment in advance.
Su Yin had long heard of Blue Sky Capital. She'd heard they'd invested in numerous companies, boasted impressive financial resources, and had a formidable track record. But Su Yin hadn't set out to become a professional venture capitalist, and she'd never really known them before. She hadn't expected them to approach her.
With the information compiled by industry insiders, Su Yin realized how terrifying this organization was.
Blue Sky Capital's market capitalization has surpassed one trillion yuan, and it has invested in over five hundred companies in China, one hundred of which have successfully gone public. Many of the largest companies and brands she's most familiar with are its investment targets, making it a truly top-tier venture capital firm in the industry.
It is a huge capital force that ordinary people cannot even imagine.
For an institution of this level, if the other party dares to come, they must be well prepared.
Even though Su Yin had always insisted that she didn't want foreign capital to infiltrate Yuexiang Entertainment, she couldn't help but take the other party's arrival seriously after receiving the other party's notice.
Although she was unsure about what conditions the other party would offer to convince her, Su Yin still consulted with professionals in the industry and sorted out the matters concerning the company's acceptance of investment from the beginning, and made sufficient preparations.
For most companies, such investment from top capital will bring more benefits than disadvantages.
Needless to say, even though Yuexiang Entertainment's market capitalization is currently in the billions, it doesn't mean they have that much money or can really come up with that much money. However, these top-tier investors can really come up with large sums of money directly, and even buying Yuexiang Entertainment is no problem.
Moreover, they have more professional talents and teams who can make higher-level decisions about the company's future development, leading the company to further expand its strategic map and seek development.
The most important factor is the power of other portfolio companies within top investment institutions. This power is truly formidable. They can directly facilitate data interoperability and business support across different industries and companies, resolving bottlenecks in enterprise development. They can also rapidly enhance a company's visibility and credibility, attracting more investors and users.
There are so many advantages, but the disadvantages are also obvious.
Once you take the capital's money, you naturally have to return it.
Of course, profit sharing wasn't the biggest reason Su Yin rejected outside investment. There was no end to making money, and as the company expanded, the amount of money it could earn would only increase.
She just didn't trust others and didn't dare let the Yuexiang Entertainment, which she had created with all her hard work, be controlled by other people's will.
The investment manager of Blue Sky Capital brought his team to Yuexiang Entertainment and chatted with Su Yin for a whole afternoon.
The other party immediately brought out their trump card and showed Su Yin in all aspects what kind of leapfrog development they could bring to Yuexiang Entertainment after accepting the investment from Blue Sky Capital.
Even though Su Yin had been mentally prepared, she had to admit that it was indeed difficult to resist the move of such a top-level organization, and she was even a little shaken.
The other manager first brought up several cases in which Blue Sky Capital invested in companies and these companies saw their overall value, market share, and business expansion increase by dozens of times, becoming industry leaders.
Then the other party presented a series of promises that Blue Sky Capital was willing to make to Yuexiang Entertainment and a comprehensive plan after the investment.
They can reach a business cooperation worth tens of billions of dollars with Yuexiang Entertainment, build Yuexiang Entertainment into the world's top entertainment company, and become a capital worth hundreds of billions of dollars in the future.
Not only can YueXiang Entertainment's current artists and programs directly access more stages and higher-level resources through the companies and platforms invested by Blue Sky Capital, but they will also provide more professional and stable human, financial and technical support for overseas business expansion.
They also plan to further improve the image of all the current artists and products of Yuexiang Entertainment, explore the spirit and interests behind them, and create a Yuexiang Entertainment universe that is unique to Yuexiang Entertainment.
Hearing this, Su Yin's breathing couldn't help but become heavier.
The agent sent by the other party continued to explain that they had analyzed and researched Yuexiang Entertainment's current core business. Once Yuexiang Entertainment accepted their investment, they could immediately begin developing a large-scale peripheral system based on Yuexiang Entertainment's current foundation, including more books, games, toys, and theme parks.
Ultimately, with the joint efforts of both parties, Yuexiang Entertainment's training and operation model was moved to other countries and regions, truly supporting Yuexiang Entertainment to become a world-class entertainment giant.
In the conference room, the Blue Sky Capital representative was still speaking. Several people from Yuexiang Entertainment present felt their hearts racing and their heads racing. Seeing the other party's aura and the array of data and astonishing case studies they presented, they realized they might have truly seen the market again.
It had been a long time since Su Yin had experienced a negotiation situation like today, where the other party completely controlled the situation and the emotions of the people on her side changed constantly with the other party.
Sure enough, the top business talents and top teams in any world are terrifying.
Compared to these people, I am really too young.
Not only Su Yin had such thoughts, the other two vice presidents attending the meeting today and the head of the firm hired by Yuexiang Entertainment Economy also naturally realized that they were suppressed by the other party and the situation was completely controlled by the other party.
Not only did the other party think of everything they could think of, but even many of the things that Blue Sky Capital said were things they had never thought of or dared to think of before. But in the other party's mouths, it seemed that as long as they accepted their investment, these would become reality.
Moreover, after comparing with the other party, they found that Yuexiang Entertainment was really not good at making empty promises.
How many people can bear the olive branch of such top capital and the terrible picture they paint?
Su Yin was also nearly losing her mind, a rare sight, but she continued to mentally prepare herself, calming herself down and not letting the other person's words get to her head. Yuexiang Entertainment, the result of her years of hard work, absolutely couldn't allow her to make a decision she would regret in the future just because of her impulsiveness.
But she also had to admit that Blue Sky Capital had completely grasped her weakness, and she didn't know how much research they had done on Yuexiang Entertainment and her.
Unlike some investors, they did not focus on describing how much benefit Su Yin could gain from their investment, how she could enter the top ranks of the wealthy, and how she could participate in more business operations.
Instead, she completely started from what she cared about most, how to make Yuexiang Entertainment stronger and bigger, and make the idol industry an indispensable spiritual consumer product and culture in people's lives. She even directly talked about the practices of the top Hollywood film and television companies in the world where Su Yin used to be.
It's really terrible.
She thought these ideas hadn't yet appeared in this world. Perhaps in the future, when her power was strong enough, she could begin to experiment in these areas. Little did she know that others already had these ideas and plans.
Su Yin also knew that the other party really had such power and capital.
It would probably be difficult for Yuexiang Entertainment to build such a huge business empire in the next five or ten years relying solely on its own strength.
There are too many professions and industries involved, and we don’t know how much of an obstacle there is.
Yuexiang Entertainment lacked the energy and expertise to undertake so many tasks in such a short period of time. Without profit, it would be impossible for her to enter these industries and seize a share of the pie. However, the strength of Blue Sky Capital could overcome many difficulties and help her shorten this timeframe.
Su Yin took a deep breath and asked the two secretaries to accept all the materials brought by Blue Sky Capital this time, saying that she would seriously consider their proposal.
The Blue Sky Capital staff weren't surprised at all. They professionally shook hands with Su Yin and the other two vice presidents, politely stating they were waiting for good news. They didn't betray a trace of impatience or dissatisfaction, and their demeanor was perfectly balanced.
They did not intend to complete such a high-level, large-scale investment project all at once.
What's more, from their understanding, Su Yin, the owner of Yuexiang Entertainment, is actually a very cautious person. In addition to her commercial side, she also has some naive idealists' persistence in the entertainment industry and the idol industry, which is not so easy to win over.
But they were confident that the description they gave would be tempting to the person in front of them.
After personally seeing the other team off from Yuexiang Entertainment, Su Yin returned to the office and started working again. She didn't seem to be affected much.
The two vice presidents present wanted to say something but swallowed it back.
They probably also knew that Su Yin had invested in many industries besides Yuexiang Entertainment, and her net worth was definitely higher than the outside world imagined. In other industries she invested in, like most businessmen, her goal was to make money.
If the need arises or the timing is right, she will withdraw without hesitation, just like when she previously sold her shares in the Douyin platform. Even though Douyin's market value is now rising, she has never expressed any regrets about selling her shares.
Only Yuexiang Entertainment is different. This entertainment company is indeed her greatest effort and her greatest persistence.
The company has always been firmly in her hands.
In order to better retain talent, Su Yin is willing to pay higher salaries and more considerate and caring treatment than in the industry, but has never proposed stock splits.
Since this company belongs 100% to Su Yin alone, she must have thought that the final decision on whether to cooperate or not is up to her, so they should not say too much.
Su Yin was in the office. Although she seemed to be looking at a report, she actually had no intention of working anymore.
She thought about it for a long time but still couldn't come up with an idea. The picture described by Blue Sky Capital was too good and it touched her heart too much.
But such a good thing naturally comes at a price.
She is now finding it difficult to judge whether she can afford and is willing to pay such a price?
Giving up her 100% controlling stake allowed the company to develop further, and allowed the idol industry and culture to truly develop in a way she had never seen before in this world.
About an hour later, Su Yin called her personal financial manager to find out when to talk to him about the extent of the water and risks behind today's incident.
The brokerage agencies participating in the meeting today will also compile relevant information within two days and give their rough judgment and suggestions as professionals.
Then, Su Yin called several of her acquaintances and visited a few close friends, asking them about their understanding of the situations that companies that had received investment from large investment institutions might face and their personal opinions.
Naturally, these people also guessed something in their minds. There must be capital that has approached Su Yin again and wants to invest in Yuexiang Entertainment.
This kind of thing is no longer news, but I don’t know what is so powerful about it that it could convince Su Yin, who has not received any investment in five years, to agree to learn about the relevant situation from them.
The fact that Su Yin asked these questions proved that she was moved.
Knowing that this matter involved commercial secrets, no one asked too many questions. They simply expressed their opinions on the matter and shared some examples they had seen.
Generally speaking, for most companies, securing investment from legitimate investment institutions and having everything clearly spelled out in contracts upfront are generally beneficial, but for the original founders, whether it's a good idea to spin off their company is a matter of personal preference and thought.
In the evening, Su Yin got detailed information about Blue Sky Capital from the firm, as well as some of their classic cases in recent years.
Just as the manager said that day, Blue Sky Capital has strong financial strength and influence, plays a vital role in both traditional media and the Internet industry, and is the top operator behind the scenes in the entertainment industry.
What they described as being able to facilitate cooperation between Yuexiang Entertainment and other industries and enterprises, and help Yuexiang Entertainment further expand and enhance its influence globally is definitely not empty talk.
Previously, many companies received other investments from the government and business community simply by virtue of receiving investment from Blue Sky Capital, and quickly became famous.
The power brought by a name like Blue Sky Capital is something that ordinary people can't even imagine.
However, although Blue Sky Capital did not directly state the amount or stake they intended to invest in Yuexiang Entertainment, given the world-class pie they had painted, they would definitely not discuss a small investment case. This would not be in line with their style or their interests.
Therefore, if Su Yin wants to obtain these benefits, she must accept Blue Sky Capital's large stake and be mentally prepared for their great say and decision-making power in the future development of Yuexiang Entertainment.
Professionals also analyzed Su Yin's situation and advised her not to assume that the outcome of the negotiations with Blue Sky Capital meant that Su Yin would still be able to retain a majority stake. Even if Su Yin held a majority stake, it did not mean that she would still be able to firmly grasp the dominant position in the management of Yuexiang Entertainment.
Because once you accept capital, and the various traffic, data sharing, and resource, technology, and energy improvements brought by capital, it's like being tied to a boat.
It’s not so easy to get off the boat.
This is also why many companies, after accepting an investment that is actually not particularly large, announce a full acquisition of the other party just a few months or half a year later.
Because once capital wants to exit, you will find that you have no way to accept the impact of their exit on the company.
All the foundations you've built can crumble in an instant due to disagreements or withdrawals from the other party. Then, during negotiations, you realize you're powerless to turn the situation around. You might as well take the exorbitant sale fee and become a wealthy individual, or use the money for other investments.
Su Yin took a deep breath. Now she probably understood the benefits and possible risks and disadvantages of this matter.
She needs some time to think carefully.
She had to think clearly about whether it was more important to create the Joyful Entertainment that she truly dreamed of, or to take the risk of watching Joyful Entertainment become a world-class enterprise and spread idol culture.
This decision is too difficult.
She can only make her own decision.
The author has something to say: The above content is purely fabricated, so professionals please don’t complain.
This chapter took me a whole day to code, it was really difficult. I was reluctant to not write this content, because it was something I had thought about before, and it was also a more realistic problem.
In the evening, I will try my best to write the second update, but I can't guarantee the time.
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