Chapter 711: It’s humiliating to be pushed around in circles with bare buttocks
Chapter 708: Turning around in circles with bare buttocks is embarrassing
Night, inside the hotel.
Yao Yuan is listening to the report from his subordinates.
99 has now established an investment department and developed several teams. This time it is divided into two groups, with two groups responsible for it.
"This small campus in Sunnyvale is very suitable. Yahoo built it in 2005, which was during its glory days. Now Yahoo is not doing well and is selling some land and real estate.
This is a semicircular structure surrounded by two buildings. The area is not too large and can accommodate up to 1,000 people for office work..."
Sunnyvale is part of Silicon Valley, home to AMD and Yahoo headquarters, and is equivalent to places like Xierqi and Wudaokou in the capital.
Yao Yuan looked at the information and there were many pictures.
The building is beautiful and the location is good, but Hugelive is in the entertainment industry and he hopes to be closer to Hollywood.
"This place is close to Beverly Hills. You can see the Hollywood landmarks from the upper floors, and it is surrounded by large film studios and studios. However, the owner is not selling it, but is only willing to rent it. The advantage is that it comes with a 10,000-square-meter studio.
You can rent together..."
This building in Hollywood is smaller and can only accommodate 200 people, but it has an excellent location.
"What about the price?"
"The one in Sunnyvale is US$200 million, and the one in Hollywood has an annual rent of 30 million."
"Expensive!"
"We're still talking!"
The team leader was afraid that he would be worried about his lack of ability, so he hurriedly said: "Now we just let you finalize it. We will do our best to protect the company's rights and interests."
"Can!"
Yao Yuan nodded and said: "Thank you for your hard work, you go ahead and do your work."
"OK!"
The person in charge breathed a sigh of relief and quickly left.
This is not so much the U.S. headquarters, but actually the North American headquarters. In the future, it can’t be too shabby to manage all Hugelive’s affairs in North America.
The president hasn't been chosen yet, so it's very difficult to find an outstanding person. I'll meet Rouloff in a few days and I can ask him to recommend a few.
Enterprises and venture capital have always been deeply tied. If they do well, they will support them all the way to the top; if they do poorly, they will fight, kill, and set fire...
Immediately afterwards, another team came to report on the situation of the DCP Group.
DCP was established in 1957. The boss is a guy named Dick Clark. He is a music program host and has many connections in the music industry, radio and television. Otherwise, he would not be able to succeed in this business.
But all DCP earns is hard-earned money.
It is just a producer and does not have its own platform. It actually works for TV stations. For programs such as the Golden Globe Awards and the Billboard Music Awards, the profits are closely related to the ratings.
Ratings have been declining in recent years, and DCP has a single business model and has suffered losses year after year.
Is it similar to that in China?
In the past, there was a lack of entertainment in China, and TV stations were the largest entertainment channels. However, with the advent of the Internet era, more and more young people are choosing the Internet, and the income of TV stations is not as good as before.
"How much does it cost?" he asked.
"We talked about $500 million!"
"500 million?"
Yao Yuan raised his voice.
"Their asking price is 300 million. As you know, American industries are very unfriendly to Chinese capital, and excessive premiums are the norm. Of course, we continue to discuss that 500 million is indeed too high."
"..."
Yao Yuan looked at the other person. This guy was quite famous in the country. He hired him at a high price. His professional skills were indeed good, but his thinking was not good.
He likes employees who have the same ideas as him, even if they are less capable.
Just like this acquisition case.
What this guy said, including his expression, was like "500 million is enough, that's the United States, that's the Golden Globe!"
To put it simply, it is "acquisition on your knees".
"..."
He leaned back and suddenly stopped talking. He took a pile of information and started to look through it.
The other person didn’t understand what he meant and had to wait. After sitting for a long time, Boss Yao was still reading the information and couldn’t help but said: “DCP’s revenue has declined in recent years, but the influence of the IP it holds is too great. We can promise to invest after the acquisition.
With funds to improve operational standards and develop new programs, prices should be lowered."
Boss Yao remained silent.
"Our team estimates the final price to be 500 million."
Boss Yao still remained silent.
"..."
In the tortured silence, the man was on pins and needles. After another ten minutes, Yao Yuan finally finished reading and turned his eyes to the opposite side - the information collection was quite detailed, which was barely an advantage.
"Cheng Wei, remember!"
brush!
Cheng Wei immediately opened the small notebook he had always prepared, holding the pen like a Shangfang sword. Oh no, his position in the Ming Dynasty should have been that of a pen-holding eunuch.
“Other interested buyers have a maximum bid of only US$300 million, but we are the most sincere and powerful one.
Mr. Dick Clark is old and ill. I promise to retain a management position in his family after the acquisition. We will not interfere with the specific operations, but we must sign a performance agreement with clear rewards and punishments."
Um!
The man nodded frequently, these were mature and prudent words, and Mr. Yao felt a trough in his chest.
He was thinking like this when he suddenly heard Yao Yuan's voice change and said: "We are very interested in DCP, but it is not necessary. Your group's revenue last year was only more than 20 million US dollars, it was full of debt, and its market value was about to drop.
Arriving in the San Fernando Valley!
Moreover, you have produced almost no new IP in the past five years, and you have rested on your laurels for decades. If you continue like this, go directly to making adult films, and make "Golden Globe Awards: American Sex Idol Special Edition", a live PK, everyone
If you vote, the ratings may explode..."
puff!
The man spit out a sip of coffee and looked at his boss dumbfounded. Yao Yuan did not scorn him, but said directly to Cheng Wei: "I will accompany him to talk to him again and let him say it exactly as it is. I don't care whether it works or not.
But if I miss a word..."
Yao Yuan glanced over and said: "Get out of the company right now!"
…………
The man ran away like shit.
Cheng Wei was thoughtful, and the same was true for Zhao Haitao, who was fired from Cactus Studio back then. It had nothing to do with ability, but ideas.
If the salary is poor, it will be understandable if the subordinates work in both ways. But I give you enough treatment, and I ask you to do it according to this idea, but you just do the opposite, then you should be a fool?
"DCP is in debt. We are the acquirer. What are we anxious about?"
Yao Yuan also discussed this matter with Cheng Wei, saying: "There is so much content on a video platform, and DCP can only bear a small part. Our main focus is film and television... Just like this, we can be manipulated by the other party. It's just a bare-ass push."
——It’s embarrassing to spin around in circles!”
Cheng Wei Yile, you can always learn fresh sayings from following the boss.
"..."
Yao Yuan leaned back again, closed his eyes and thought.
There should be no problem with the buildings in Sunnyvale and Hollywood. The psychological price of DCP is below US$400 million. Any more will be taken advantage of.
Yu Jiajia has not left either and has flown to Hollywood to discuss the filming of the "Angry Birds" movie. The cost of animation is too high and she needs to find a big studio to cooperate with.
After that, she flew back to meet Roelof together.