The young Wang Yaocheng was very talkative, but he looked like someone who was being taken advantage of to fill a bottomless pit. Stan Lee kept encouraging him to invest;
"Marvel Animation's heroic images are widely licensed to the toy and clothing industries, with annual licensing fees reaching tens of millions of dollars. This situation only occurred due to temporary sales difficulties and the company's difficulty in sustaining the company.
If funds are invested, the company's operating conditions will soon improve, and I guarantee this with my 40-year reputation."
"Is this really the case?"
"Of course it is true. This is just a small setback in the development of the enterprise. I believe we will get over it soon and usher in the moment of real take-off."
Stan Li persuaded with excitement; "This is a good investment. When the company is on the right track, Marvel Animation will bring you huge profits."
hehe!
I believe this, but I won’t say it.
This old and cunning Stan Lee has no good intentions at all. Seeing that Wang Yaocheng has a childish face and is a billionaire who has suddenly become famous in Silicon Valley, he looks like he is easy to fool.
40 years of feelings?
What the hell, does it have anything to do with me?
I grew up watching "Havoc in Heaven" and "Tadpole", and yes, "Calabash" too;
I really haven't read any of the "Spider-Man", "X-Men", "Fantastic Four" and "Hulk" comic books, and I don't have any feelings for them.
1992 was such a good time!
I just came to attend a private party, and Stan Lee and Steve Jobs all had big IP worth tens of billions of dollars thrust into their hands.
If you don't want to offend others, where the hell can you reason with this?
Wang Yaocheng is also bad enough. He knows that if he acts too enthusiastic, it will make these old foxes alert, and things will be difficult to handle in the future.
You must show yourself that you have suddenly gained huge wealth, you are young, you have money and you have nowhere to spend it, you have inexperience, you are stupid and easy to deceive.
Step by step, let these old tricksters fall into their own routine, obediently hand over the chips in their hands and get out, completely control the entire Marvel animation in their own hands, and enjoy the generous rewards that will follow.
Now, all he needs to do is play the role of a sympathetic, inexperienced young rich man, and it's a very inflated one.
"Seeing you so sad makes me feel bad. If possible, I will invest some. The amount may not be high, it can only be said to be a little bit meager.
Oh...by the way, what is the current market value of Marvel Animation?"
Wang Yaocheng showed his inexperience, which made Stan Lee secretly happy;
"The recent stock price performance has not been good, but our management is confident to reverse this situation. The current market value of Marvel Animation is less than 400 million U.S. dollars, which is a good time to buy at a low price."
"Then should I acquire it from the open market? I'm afraid it won't help improve the company's performance, right?"
"We can acquire some appropriately, and I will lobby some small shareholders to sell their stocks. Only by joining the board of directors can I have a say."
"But... I'm only prepared to invest a few million... or ten to twenty million US dollars. I'm afraid this amount of money won't make it to the board of directors."
When Stan Lee heard that the amount of investment was too small, he immediately started to speak out;
"You don't know that Marvel Animation's annual licensing fees reach more than 10 million US dollars. You can make money just sitting at home, and there are them every year. Such investment opportunities are very rare. I suggest you get at least 1/4 of it."
of equity.”
Wang Yaocheng was so surprised that he couldn't open his mouth from ear to ear; "That would cost hundreds of millions of dollars, and I can't afford it."
"You don't need so much. Many small shareholders are willing to transfer their stocks to cash out. I can try my best to help you negotiate. With about 50 million US dollars, you can get 20% of the equity and occupy a seat on the board of directors."
"After all, I don't understand these things. Will I invest too much?"
"Not much, not much, not much at all. When the time comes, we can implement our own plan and license Marvel Animation's superheroes to film companies, and a lot of money can be made."
Stan Lee's old face smiles like a chrysanthemum, and he is ready to start working in tandem tomorrow. With more than 40 years of contacts, he is confident to complete this plan.
Wang Yaocheng once again looked down upon this person. When it comes to creating animations, Stan Lee is a great cartoonist.
But when it comes to running a business, this old guy is a big hole in his incompetence. He licensed the most precious Marvel animated superheroes to a movie company, and it was too stupid to play a good hand with a good hand.
In 1999, Marvel Animation licensed "Spider-Man" to Sony for $7 million to make movies. Tony Maguire's version of the "Spider-Man" trilogy grossed $2.5 billion worldwide.
Similar examples include "X-Men", "Fantastic Four", "Black Panther", "Hulk", "Ghost Rider" and "The Punisher", as well as "Deadpool" and other superheroes, allowing other operating companies to make money
The money was full, and I only had a little money left.
When Marvel Animation repented, they set up their own film company to shoot superhero movies, thus giving birth to an entertainment industry giant with a market value of more than 200 billion U.S. dollars, and the IP value is as high as one trillion U.S. dollars.
Less than a week
Stan Lee, the CEO of Marvel Animation, went around and helped Wang Yaocheng acquire a total of 21% of the equity from small and medium shareholders, spending US$54 million.
This huge amount of funds was borrowed from Citibank using 10% of Red Hat's equity as collateral, and a total of US$80 million was obtained.
The short orders on the Tokyo Stock Exchange are getting bigger and bigger, now reaching 231 million U.S. dollars. It seems that the entire real estate market is still sliding into the abyss.
This short-selling transaction has been messed up several times, and I don’t know who is doing all the short-selling.
Wang Yaocheng was not willing to use the money from the stock exchange market.
He would rather pay some interest to Citibank than kill the chicken that laid the golden eggs.
As for Netscape's first-round IPO, it is still in the process of contact inquiry and is far from being completed. Of course, there is no huge amount of cash in the account.
Therefore, the boss king, who is said to be extremely corrupt, actually does not have much money to spend.
Of course, this is a bit hypocritical. If he pledges his company's equity for a loan, he can easily lend out hundreds of millions of dollars in minutes.
this day
With Stan Lee's full efforts to broker the deal, a group of people came out of the law firm after completing equity transactions with small and medium-sized shareholders.
Looking at the thick checkbook and the remaining credit limit of 26 million US dollars, Stan Lee was jealous and encouraged Wang Yaocheng to continue to acquire equity.
The inexperienced Wang Yaocheng was a bit tender and could not refuse, so he finally agreed to join the interim board of directors and continue to acquire equity from major shareholders.
The minority shareholders of Marvel Animation have basically sold their shares. Except for 30% of the listed stocks on the market, the rest are in the hands of the four major shareholders on the board of directors, totaling 49% of the shares.
Among them, Marvel Animation boss Ronald Perelman holds 26.6%.
Parmut, who operates the toy industry, accounts for 11.2%.
Company director Carl, a senior investor on Wall Street, holds 6.6%
Company director Avi Arad, a Jew who loves Marvel animation, occupies 3.1%
CEO Stan Lee, 1.6%
nine o'clock sharp
The interim board of directors officially begins
Looking at Wang Yaocheng who followed Stan Lee into the conference room, the other major shareholders had different expressions and stylized smiles on their faces.
After confirming the equity, Wang Yaocheng was ranked as the second largest shareholder. After some useless nonsense, the board of directors seemed a little silent, and everyone was thinking about their thoughts.
"Let me tell you, the company's operations are very difficult right now. Comic book sales dropped sharply in the second quarter, the market has further shrunk, and it is still burdened with a heavy debt of more than 100 million US dollars."
Pamut briefly introduced the situation and continued;
"I suggest that the images of famous heroes in comics be licensed to the surrounding film, television and toy industries for development, so as to collect funds as soon as possible and reduce debt pressure."
"be opposed to."
"Oppose plus one."
"Oppose plus two."
In the board of directors, everyone looked at Wang Yaocheng. He cleared his throat and looked like he had a strong desire to express himself;
“I think this proposal needs to be considered from both pros and cons. Is it suitable for the development of the company?
Regarding the sharp decline in comic book sales, I think we should focus on tapping potential, creating better works, and dedicating better heroes to readers.
Only excellent works can be recognized by the market and restore the glory of Marvel comics.
You can't simply say authorization and authorize. What's the difference between that and selling your son or daughter?
Of course, things must be viewed dialectically. Well, it is an objective fact that the general environment is not good, and we cannot change it for the time being.
Finally, I’d like to say, I’m sorry, but I oppose the addition of three.”
After saying that, Wang Yaocheng straightened his body honestly and pretended to accept criticism humbly.
Is this nonsense interesting?
Where did this come from?
Several major shareholders on the board of directors looked at each other, all focusing on Stan Lee;
You brought this person here, please give me an explanation!
Stan Lee felt waves of pain in his head. He had done all the evil he had done, and he had to comfort this man with tears in his eyes.
"I very much agree with Boss King's strategy and firmly support Boss King. Marvel comics need to change to adapt to the market, well, to adapt to the changing consumer demands and the reading appetite of teenagers in the 1990s."
Several other shareholders looked at each other and said this not 500 times, but at least 200 times. Is it really interesting to repeat it again?
All right!
If you think it's a waste of everyone's time, just make both of you happy.
Stan Lee continued;
"Boss King has a deep affection for Marvel Comics. Well, he is willing to invest more in the company and create a better tomorrow with all his colleagues. He is also willing to acquire your equity. Please cooperate as much as possible."
This statement could not be more obvious. If you are not optimistic about the future of Marvel Comics, you can sell your shares.