My Animation Era

  Chapter 259 Financing (for subscription)

  Wanbao video is a true "gold-swallowing" behemoth.

  Gu Miao has been raised until now, with the increase of users, the pressure on the server has increased, and he really can't afford it.

then what should we do?

   It is impossible to give up!

   It’s hard to raise a platform, and it’s about to be harvested soon. Doesn’t giving up now mean that all previous efforts have been wasted?

  But video sites are too expensive.

   Relying solely on Wanbao Group, it is already difficult to independently support the development of "Wanbao Video", which is growing and losing money.

  Thus, under the persuasion of Mr. Xiong, Jiang Keke and others, Gu Miao finally decided to introduce new injustice...investors!

  The addition of the Great Injustice can greatly reduce the burden on Gu Miao and Wanbao Group.

  The price Gu Miao needs to pay is nothing more than selling or diluting the shares in his hand. For him, the deal was a bargain.

  At first, he wanted to find Mr. Tan to invest.

  It's a pity that Mr. Tan, as the helm of a major Internet company, has long seen through the "video website" is a deep pit, and he refuses to join it no matter what.

  But he still helped Gu Miao.

  After Mr. Tan's introduction, Gu Miao got to know several heads of investment banks, and exchanged information with them about Wanbao Video.

   These investment banks are very interested.

   It must be admitted that Gu Miao may not be able to do other things, but "painting cakes" is definitely a good hand. In his description, Wanbao Video will be like "Animation Hollywood" in the future.

  The scale of the global animation industry is trillions.

  Even if Wanbao Video can only get a small piece of cake, that is not a small amount.

   Good guy!

  When the investment bank heard this and combined with the current development of Wanbao Video, they immediately felt that this deal was feasible.

  The two sides hit it off.

   They hooked up quickly and reached a preliminary financing intention. But on the "valuation", the two sides had great differences.

   "You can't do that."

  As a senior, Mr. Tan told Gu Miao that if he wanted to get a high valuation, he had to make the data look better.

  Buying foreign animation copyrights aggressively to attract more new users to register. This is Gu Miao's decision to "scrub data".

   Marquette was right.

   Buying copyright in this way will definitely lose a lot. After all, there are only so many Wanbao Video members, how can they afford to spend so much money?

   But the data has been cleared, Wanbao Video has a substantial copyright library and a large number of animation fans, and its valuation has gone up immediately.

   Come and go, it's really not a loss.

  The second round of financing negotiations was held in the Wanbao headquarters building soon. After a fierce battle of words, the deal was finally reached at a valuation of 1 billion.

  There are generally two ways to start-up financing.

  One is "cash flow", that is, the founder team directly sells part of the equity in their hands to investors at an agreed valuation.

  It is equivalent to selling shares.

  So the founder team can take the opportunity to cash out and get a lot of cash.

  The other is "dilution flow".

   To put it simply, the investor's money will not fall into the hands of the founder team, but directly into the company's account.

  The company is valued at 100 million, and investors have invested 10 million. According to the valuation, investors get about 10% of the shares, and the founder team is diluted from 100% to about 90%.

  Gu Miao chose the second method.

  Because he is not very short of money, but Wanbao Video is very short of money, so after all considerations, it is more appropriate to keep the money in the company.

  This time, 100 million yuan was raised.

   It is expected to meet the development needs of Wanbao video website in the next one and a half years. When the money is burned out, Wanbao Video’s valuation will be higher. At that time, another round of financing will be held, and some money will be used to burn it.

   "When will the money be burned?"

   "Go public!"

  Gu Miao thought for a while and then said: "When it's listed, we can cash out properly and get back the capital invested in the early stage. When the market value drops to a certain level, we can repurchase it."

   "Isn't this always a loss..."

   "That's right! Video websites are like this. They burn investors' money in the early stage and shareholders' money in the later stage."

  Gu Miao nodded and explained: "But it's not a loss for the rest of my life. According to the development plan I made, it will turn around in about five or six years."

  Five or six years?

   Ma Kui pouted.

   Really wait until then, I am afraid that the day lily will be cold. Moreover, turning losses into profits only means that the losses are over. As for how much money can be made?

   Should not be too much.

   Seeing Ma Kui's suspicious eyes, Gu Miao was very helpless. Of course he knew what Ma Kui was thinking, but he knew it, and he couldn't be blamed for it.

  Video websites, you know everything.

  Wanbao Video is not bad, at least it is taking the "Mango TV" route. It has been losing money for a few years, and at least there is hope of "turning losses into profits" in the later stages.

   Another video site?

   Turnaround? Go dreaming! If you don't lose billions or tens of billions a year, you are ashamed to say that you are a video website.

   Wanbao Video's financing did not involve too much energy from Gu Miao.

  But Wanbao Comics, the establishment of the "Beep Comics" website and the collection of online manuscripts from fans of the two-dimensional animation around the world, he is particularly concerned about.

  Beep Comics Network, the full name is Beep Comics and Novels Serial Reading Network.

  The website is mainly engaged in serial comics.

   There are also light novel serials, but they are not the main project, at most they are an additional project.

   As for the comics, Nan Tong invited several talented cartoonists to open a new work on "Beep Comics", becoming the first batch of contracted cartoonists.

  The website has been online for more than a month.

   Judging from the current response, the situation is not very optimistic. Because the user base is too small, the income of serializing comics and light novels on this is too low.

  Nantong was also very helpless.

  As a newly established website, even if it is backed by the mountain of Wanbao, it is impossible to become popular all over the Internet overnight and attract countless users.

  This can only be slowly boiled over time.

  But Gu Miao came up with a good idea, maybe it could help Nantong attract a group of users for the newly established "Beep Comics".

any solution?

   Of course, I opened a vest account and went to the website to "scatter coins" everywhere.

  As a website for serializing web comics and light novels, Beep Comics has the function of "rewarding" by learning the advantages of all parties.

   What Gu Miao has to do is very simple.

  He just got an inconspicuous trumpet, randomly picked a few works that are pleasing to the eye, especially those that are of acceptable quality, and rewarded them heavily.

  The amount must be "scary"!

  【A young man in a rented house in Chiba County, relying on serial comics on the Internet, successfully earns millions every day! 】

   Don't you see the heat? With topicality, and then a wave of deliberate publicity, curious passers-by will not have to take a look or two?

have to say.

   This kind of routine, which is almost rotten in China, may reap miraculous effects in foreign markets. After all, foreigners may have never seen such a scene.

   This year 618, what did you buy?

  (end of this chapter)