Lin Fan smiled and clapped. He really appreciated Zhang Zhao more and more.
When Jia Yaoting invited the other party to form LeTV Pictures, there was no foundation and the company was not even established yet.
It was the other party that single-handedly surpassed many established film and television companies and brought LeTV to the top five domestic private film and television companies.
Leaving aside cars and mobile phones, LeTV Video and LeTV Pictures are still doing well.
"The first phase of the film and television copyright fund is US$16 million. If it does well, a second and third fund will be established in the future."
Lin Fan looked at Zhang Zhao with a smile on his face, his intention to hire him was already obvious.
Zhang Zhao thought for a while, and realized that 16 million U.S. dollars, equivalent to nearly 130 million yuan in current RMB, would be regarded as the God of Wealth wherever he went.
This job is easy and not too difficult.
But this was not the platform Zhang Zhao wanted. He pondered for a moment and asked: "Xia Jing, if the fund money is spent and the work of purchasing copyright is over, or when the copyright price skyrockets, what is the future direction of the copyright fund?
?”
Lin Fan understood as soon as he heard this. Did he think that work was boring?
Seeing that Lin Fan remained silent, Zhang Zhao's heart trembled, "Mr. Lin, let me boldly say a few words. The development of domestic film and television companies is actually not slow, and it is a high-growth industry.
You all judge that the price of copyright will rise sharply in the future, why not directly set up a film company to include the entire industry chain from investment, production to marketing and distribution.
At that time, you will have Tudou on your left and the film company on your right. The two parties can also form business synergies, so that one plus one is greater than two.
Mr. Chen of Shanda has been saying that he wants to build a Chinese Disney.
Putting aside whether it can be done, I think some of his industrial layouts have merit."
Zhang Zhao is also a bit desperate. If he just hoards copyrighted work content, it is really not conducive to staying in the company for a long time.
Enlight Media has internally decided to establish Enlight Pictures. Wang Changtian also talked to him and wanted him to be the president of Enlight Pictures.
Although the parent company is rich in resources, it also has too many constraints. So when he heard that Lin Fan was interested in investing in the film and television industry, he didn't think too much and came directly to see if there were any better opportunities.
"Okay, I admit, I have the idea of forming a film company, but not now."
Lin Fan looked at Zhang Zhao and said slowly: "If the copyright fund operates to my satisfaction, Lin Capital can provide funding to help you establish a film company."
"Help me?"
Zhang Zhao pointed at himself.
"right."
Lin Fan nodded, "We can provide money, you contribute, and give you and the team 20% options. In terms of investment amount, it is only a lot more than the copyright fund."
Zhang Zhao did some calculations in his mind and found that even based on the scale of the copyright fund of 130 million yuan, the 20% option would be worth at least 26 million yuan.
And from Lin Fan's tone, it seemed that he wanted to give himself a lot of autonomy.
Seeing that the other party was interested, Lin Fan knew that no wage earner could resist the temptation of being a boss, so he continued: "This 20% option is not given for free. You have to let me see your talent in the operation of the copyright fund.
If you can't do the simplest things well, how can you do the more difficult ones?
If the performance satisfies me, the film company will give you the greatest autonomy, but you need to cooperate more with major shareholders in terms of business coordination."
Zhang Zhao lowered his head and pondered, such a well-known figure would not write a bad check to himself, right?
Lin Fan seemed to be able to read minds and saw through Zhang Zhao's concerns at a glance, and said with a smile: "I am in financial capital and don't have that much energy to manage a start-up company.
I don’t understand the entertainment industry either, so I will definitely let the most professional people do the most professional things.”
This last sentence directly wiped away all Zhang Zhao's worries and concerns. He stood up and offered his hand, "Thank you, Mr. Lin, for your trust. I am willing to join Lin Capital."
“Welcome!”
Lin Fan stood up, stretched out his hand, and held the other person's hand tightly.
…………
After selecting three professional managers who were very famous in his previous life, Lin Fan's luck seemed to have run out. In the next few days, the several PE fund managers introduced by Chen Hong were not very satisfactory to him.
After seeing off a candidate, Chen Hong returned to the hotel office and saw Lin Fan worrying there, so he comforted him: "Brother, don't be anxious. If you search carefully, you will definitely find the right candidate."
Regardless of whether the candidate was good or bad, Lin Fan accepted Chen Hong's favor, nodded and said: "It's okay, just take your time and look for it. Anyway, I don't have any projects at hand."
Suddenly, Chen Hong received a call. After talking for a few minutes, he hung up the phone and asked with hesitation: "There is a candidate now, but he is a bit young, only 25 years old. Do you want it?"
"Ah, so young!"
Lin Fan nodded, "That's really cool! Call someone over and we'll talk about it later."
"Okay, then I'll make arrangements!"
After saying that, Chen Hong left directly.
…………
…………
The next day.
Chen Hong led a young girl into the Bund Hotel office with a smile on his face.
As soon as he reached the door, Chen Hong started shouting: "Brother, someone has been brought to you. This is Miss Li Ying!"
Lin Fan was looking at the computer on the table. He raised his head and couldn't take his eyes away.
A beautiful girl wearing a black sleeveless dress walked over. Her long, shiny black hair like satin was draped over her shoulders. Her face was very delicate with a little make-up, and she had a very good temperament.
The girl with long black hair and straight hair was very generous and cheerful. She followed Chen Hong and walked to Lin Fan's desk. She smiled slightly and offered her hand actively, "Hello, Mr. Lin, I'm Li Ying."
"Hello~"
Lin Fan stretched out his hand and shook it briefly, glanced at the jade-white arm, and consciously looked away.
Lin Fan looked at Chen Hong, who was standing with his arms crossed and blinking, not knowing what he meant.
"I've brought you here. Let's have a nice chat. I have something to do, so I'll leave first."
After speaking, Chen Hong turned around and prepared to leave.
"Hey..."
Lin Fan quickly stopped Chen Hong.
"What's wrong?"
Chen Hong actually noticed that Lin Fan was a little nervous and deliberately caused trouble.
In fact, it’s not Lin Fan’s fault. Many men have this problem and get nervous when they see beautiful girls.
Lin Fan was okay, at least he could still speak normally and his behavior was not ugly.
But his movement of moving his eyes away was still caught by Chen Hong, who wanted to tease Brother Lin.
There are some things that he knows very well.
"Stay and have a cup of tea before leaving!"
Chen Hongmeng shook his head, "The company has urgent matters, let's have dinner together later."
After saying that, Chen Hong waved to Hei Changzhi, "Miss Li, if you have any questions, just talk to Brother Lin and we will have dinner together later."
Lin Fan was unable to stop him and watched Chen Hong run into the elevator at the other end of the corridor like a rabbit.
Chen Hong and others disappeared, and Lin Fan also withdrew his gaze, glanced at Hei Changzhi, and greeted with a smile: "Miss Li, sit down wherever you like."
Li Ying nodded slightly, put down the large black handbag in her hand, straightened her long skirt with her hands, and sat down sideways, with her legs together and sideways, her back straight, and her sitting posture was very dignified.
"Tea or coffee?"
"Cafe!"
Li Ying glanced at Lin Fan, replied, and then quickly looked away.
Lin Fan greeted him and asked the waiter standing by to make a cup of coffee and put it on a tray and brought it to him.
After placing the coffee on the coffee table in front of Li Ying, the waiter left the room and gently closed the door.
Except for the two of them, there was no one else in the room, and it became very quiet.
Lin Fan glanced at Li Ying, who was sipping her coffee, and said slowly: "Miss Li, I wonder if Brother Chen Hong has told you about the Bailu Fund."
"Yesterday, Mr. Chen contacted Mr. Wu Ying first, and then Mr. Wu Ying found me and briefly talked about the matters related to the Bailu Fund. I understood part of it, but it was not particularly detailed."
Lin Fan nodded, "Okay, then please briefly introduce yourself."
Li Ying nodded, took the oversized handbag next to her, flipped through it, found a resume, and handed it to Lin Fan with both hands.
Lin Fan also didn't expect that the other party actually brought his resume.
Several fund managers interviewed in the past few days either sent their resumes in advance or did not bring them with them at all.
But it doesn’t matter, a more thorough background check will be arranged before employment.
When Lin Fan was looking through his resume, Li Ying also introduced herself, her voice was clear and her Mandarin was standard.
"I was born in 1980. My birthplace is Meizhou, East Guangdong, the world's tourist capital. I grew up in Pengcheng. I followed my parents to the United States when I was 13 years old, and then I skipped a grade in junior high school..."
In fact, when they first met, Lin Fan recognized him. He was the managing director of Yunfeng Fund in his previous life, and he was quite famous.
Yunfeng Fund is named after Jack Ma and Yu Feng of Juzhong Media. The two are the main investors. Jiangnan Club and a group of Zhejiang business bosses also made small investments.
Jack Ma only contributed money and hid behind the scenes, turning Ali's equity pledge into cash, which was then invested by Yunfeng Fund, turning it into a shareholding in leading companies in various industries. The family assets became diversified and more resistant to risks.
powerful.
Lin Fan and Bill Gates also did the same thing.
"You got three degrees in three years at MIT?"
After the other party finished briefly introducing himself, Lin Fan started to ask questions.
Li Ying gently pushed the hair that was blocking her face behind her ears. She recalled her school days with a bright academic light in her eyes, "Yes, those three years were very hard, but they were also very fulfilling. This
Is there a problem?"
Lin Fan felt the pretentiousness from the top student and shook his head with a smile, "No problem, I just think that someone who can obtain three degrees in three years is unusual.
Regarding time management and self-discipline of behavioral habits, it has reached an unusually high standard..."
Li Ying smiled and said, "Actually, it's not that exaggerated. I get up one hour early and go to bed one hour late every day, so that's two hours.
For another example, while you boys were playing basketball, I went to the library to read.
If you use summer school, weekends, and school holidays, you will have more time.
There is a classic saying at MIT: study, sleep, and social circle, you can only choose two."
"Don't you need to rest in between?"
Li Ying lowered her head and smiled, "There is rest, but very little, because when you devote yourself to one thing, you will not be so tired or tired."
"I think McKinsey appreciates your talent!"
Li Ying didn't want to speak ill of her old employer, and she defended her with a smile: "In fact, the intensity of McKinsey's work is not as exaggerated as expected. On the contrary, I find it very interesting, more interesting than studying.
When living business cases are placed in front of you, it is more colorful than what you learn from books."
Lin Fan didn't know whether what the other party said was true or not, but thinking about his study experience and work history, he couldn't help but believe it.
"I see you wrote on your resume that you joined Ikanos as marketing and marketing director, and at the same time represented the company as the deputy editor-in-chief of IEEE802.3ah.
Convinced China's top three telecom equipment manufacturers to adopt Yinkanos' VDSL broadband products, signed an exclusive cooperation agreement with Taiwan's top four ODM foundries, and helped Yinkanos successfully list on Nasdaq.
Can you tell me more about this section?"
Li Ying tidied up her language a little and began to tell Lin Fan about her role in this work.
Time passed unknowingly. Lin Fan asked the other party about his work experience and was generally satisfied.
"The size of the Bailu Fund is US$500 million, all invested in the Chinese market. If you were to take the helm, could you briefly explain to me your arrangements or investment strategy?"
Lin Fan always felt a little worried when he looked at the girl in front of him who was only less than four years older than him.
Judging from my academic qualifications and resume, I really can’t find much fault.
But in the final analysis, he is too young and experience is a big issue.
But we must give young people a chance!
Besides, he is also a young man...well, an old boy!
When she heard that it was really worth 500 million U.S. dollars, Li Ying's eyes lit up, her waist straightened up, and her whole aura instantly became sharper.
She retracted the relaxed tone of the conversation, put on a smile, and asked with a serious face: "Does this fund have any restrictions on majority equity investment and leveraged buyouts?"
"No restrictions!" Lin Fan shook his head.
"If that's the case, I recommend doing a leveraged buyout."
This answer surprised Lin Fan. He leaned on the sofa and spread his hands casually, "What's the reason?"
“First of all, half a billion US dollars is neither too much nor too little.
Compared with established institutions such as Carlyle and KKR, a fund of US$500 million may only be a fraction of their funds.”
After saying that, Li Ying secretly looked at Lin Fan.
Lin Fan was not that stingy, and there was no displeasure on his face, because this was the truth.
"Keep talking!"
"Well, US$500 million is not a lot in the U.S. market, but it is not a small amount in the domestic market.
To invest in Internet and technology start-ups, I guess Jingzhe Fund should be enough.
In fact, even the late-stage financing of Series C and D in China is only tens of millions of dollars.
Of course, Ahri is an exception. There is only one Ahri in the whole country.
A fund of US$500 million, no more, no less, is just suitable for acquiring one or two domestic companies with good business prospects.
For example, privatization and delisting, transformation, re-empowerment, packaging and listing again, or splitting and selling off, while reaping good returns, can also build the reputation of Lin Capital.
Now Lam Capital can only be called a big VC, but there is no classic PE investment, especially M&A investment.
Furthermore, with one or two mature cases practicing, I believe that Lam Capital’s PE fund can also train a capable team.
Talent accumulation is also an indispensable part of Lin Capital's transformation from immaturity to maturity."
“Unlike abroad, mergers and acquisitions investment is not easy to do at home.”
Li Ying shook her head, "Mr. Lin, I don't agree with your view. Just because it's difficult to do and we dare not do it, we have to be the first to do it, so as to obtain the maximum benefits and intangible business value."
Lin Fan pondered for a while and then suddenly laughed, "You only have a few years of business management experience. Once you get up there, you dare to choose the most difficult thing to do?"
"As long as you find the right target and use the right methods, success is a high probability event."
Li Ying smiled lightly and said, "In finance, no one can guarantee that you will not make a mistake.
If you want to be China's black stone, you must first take this difficult but brave first step."
"I didn't say I wanted to be China's black stone!"
Lin Fan didn't know where the other party got the information from, and he didn't like being compared against anyone.
"A full-chain investment platform, every link is essential."
Li Ying seemed very confident. She picked up the coffee on the coffee table and stirred it gently with a spoon.
Looking at the stirred coffee, Lin Fan's heart was also disturbed.