Recast youth

Chapter 1605 Subscription for Shares
After the interview between Ye Feng and Wang Xin.

Wang Xin summoned all management leaders at the general manager level and above to the conference room for a meeting. This kind of meeting basically takes place once a week, but Wang Xin presides over it, and Ye Feng rarely participates.

This time, Ye Feng sat in the chairman's seat in the conference room and listened.

Chen Xiao, Li Zhedong, Gao Xuan, He Chongxin, Li Ping, Wang Xin and other senior managers are all in place.

Sitting in the chairman's position, Ye Feng was not in a hurry to mention the company's listing. Instead, he asked Chen Xiao, Li Zhedong, and He Chongxin to report on the performance of their respective departments.

From w5173, to Lanshan Games, to video culture and financial fields.

Gao Xuan is currently the executive vice president of Lanshan Company. She conveys many of Wang Xin's decisions to various departments and follows up on their implementation. After Chen Xiao, Li Zhedong, He Chongxin and others reported their reports, she stood up , made a report summary to Ye Feng.

as expected.

Whether it is games, video culture, or the financial field, they are all developing very well at present, but w5173 is currently developing a bit slowly, but it is not really slow.

It’s just that compared to projects like Lanshan Video, Lanshan Games, and Maple Leaf Payments that can become unicorns in the future, it’s a bit too weak.

There is no way around this. After all, w5173 is an intermediary virtual trading platform. Its profit sources mainly rely on advertising and transaction fees. The audience is small. It is only targeted at game users, which has limitations. Unlike Taobao, it targets a full range of customer groups. In addition, companies like NetEase have launched their own game trading platforms, and the competition they face is even stronger.

But this is to be expected.

When Ye Feng originally founded w5173, he had the idea of ​​packaging it and selling it for cash around 2007. It is now at its peak, but because Lanshan Company is not short of money now and has plenty of cash flow, Ye Feng has not been able to do so. Even though the profit created by selling it is not as much as the monthly revenue of Lanshan Game Department, it can still bring in more than 1 million in revenue in a year, right?

After hearing Gao Xuan's report, Ye Feng suddenly asked Gao Xuan: "By the way, I asked you to discuss the acquisition with pps Video. How did the negotiation go?"

"The other party's price is relatively high."

Gao Xuan looked at Ye Feng and said.

"How many?"

"3 million."

"3 billion?"

Ye Feng wanted to laugh. The company that was swallowed up by iQiyi in the end now wants 3 million from him. He tapped his fingers on the table, looked at Gao Xuan and said, "Didn't you ask him why?"

Gao Xuan said: "It may be that Lianchuang Ceyuan and Qiming Venture Partners provided a US$1000 million investment fund in March, and PPStream is not short of money now, or it may be that we, Lanshan Company, want to acquire it and want to open our mouths." .”

"Then we have to see if he has good teeth."

Ye Feng shook his head. If it was around [-] million, he would consider acquiring PPS Audio and Video. He could absorb PPS Audio and Video technology and customers into Lanshan Video.

But the figure of 3 million is really too high.

They simply regarded Lanshan Company as being taken advantage of.

Then Ye Feng turned to Chen Xiao, general manager of the legal department, and said, "Get ready to sue PPS for infringement."

"Already doing it."

Chen Xiao said: "Last week, we collected evidence that PPS Video pirated the copyrights of several exclusive TV series and movies of Lanshan Video. All we have to do is file a formal lawsuit."

Ye Feng asked: "What's the claim amount?"

"1500 million." "Let's increase the claim amount to 3000 million."

Ye Feng looked at Chen Xiao and said, "Aren't they the lion's mouth? We will follow suit and return it. Let's talk about a few TV series and the exclusive broadcast rights of movies. We have spent tens of millions, especially on promotion resources. There are a lot of them, let’s not talk about whether we can win the case or not, let’s scare them first and then talk about it.”

"Ok."

Chen Xiao nodded, but took a breath in his heart. According to Mr. Ye's prosecution method, PPS Video would have to spit out nearly half of the $1000 million it had just raised.

Ye Feng indeed thought so.

No matter whether it is successful or not.

I’ll scare you half to death first.

You actually want 3 million for asking?

Ye Feng sneered, and then ignored the matter. Instead, he looked up at the many executives sitting in the conference room and said, "I called you here for the meeting today, not because of the company's business, but because I have something to think about. I want to tell you that the company will be listed in the United States in the near future."

As soon as Ye Feng's words came out, the senior management below started to feel a little uneasy. As early as the beginning of last year, the company was already preparing to go public.

The company's current business flow is also strong enough to go public.

Just saying when it will be available is a question.

Privately, people like He Chongxin and Li Zhedong have also discussed when the company will be listed and how much the virtual equity in their hands will be worth after the company is listed.

Now Mr. Ye has finally spoken out personally about the plan to go public in the near future.

Ye Feng curled his fingers, tapped them casually on the conference table, and continued: "Currently, the company's equity is in my name alone, which is equivalent to sole proprietorship. Some of you have some virtual incentive equity in your hands, but in the end it is not as good as the actual equity. Equity is more valuable. Now that the company is about to go public, according to the rules of the US Securities Regulatory Commission, let’s not talk about assets. This is not a problem. Regarding shareholding, there must be more than 300 people holding shares publicly, which means that the original shareholders More than 300 people are required to list the company. As the saying goes, the money does not go to outsiders. This money is for Americans to make. I would rather let the people sitting here make it. In this way, my personal 15% share ratio will be distributed. Among them, Wang Xin will Subscribe for 5% of the shares and see for yourself whether you want to hold the remaining 10%. If so, make statistics and give the report to Wang Xin when the time comes."

The meat is divided.

Completely divided meat.

None of you sitting here are fools. Who doesn’t know that the valuation of Lanshan Company has been on an upward trajectory, passing the US$150 billion mark?And with the rise of Weibo, this number will continue to rise.

It is equivalent to saying that if you buy these 15% shares, you will earn it. Others who want it will not have such an opportunity.

People like He Chongxin and Li Ping are not too sensitive about equity issues and are quite content with the status quo. Li Zhedong and Chen Xiao are both top students. One is from a state-owned bank and the other is a returnee from overseas. They are high-end elites in the political and legal circles. Both of them are interested in Numbers are particularly sensitive. When Ye Feng said that he would give 15% of the company's shares to the management, his eyes lit up.

Another person whose eyes lit up was Gao Xuan.

But soon Gao Xuan became frustrated again. Although the shares were good, she couldn't compare with people like Li Zhedong and Chen Xiao. She simply didn't have that much money to subscribe for the shares that Ye Feng offered.

Calculated based on the minimum valuation of US$150 billion.

Don’t say 15%, let’s say 5%.

Even 1% would be US$1.5 million.

Gao Xuan felt a little uncomfortable. This was like Ye Feng throwing a very delicious piece of meat in front of her for her to eat, but she couldn't even eat a single share.

(End of this chapter)