My Age of Investment

  Chapter 578 Buying Chinese Cabbage (seeking monthly pass)

  It is Deng Yuanyun who reports to work after Zhao Jun.

  He briefly reported on the development of eleven companies including Huaqin, Wingtech, Lens Technology, Everwin Precision, Luxshare Precision, Zhaoyi Innovation, OFILM, Sunny Optical, Dongshan Precision, ATL, CATL, etc.

  Next, he talked about the case he was following.

   "Mr. Feng Deng of Northern Lights introduced us to Spreadtrum Communications. He intends to attract us, and Cybernaut Investment Group will invest in this mobile phone chip company."

  Xia Jingxing nodded, Deng Feng is still very kind, and ask friends to share any good things.

  Of course, this is also because Spreadtrum Communications is no longer a start-up company, and Northern Lights is an institutional investment, which is risky and somewhat overwhelming.

  "Spreadtrum Communications was founded in 2001 by Dr. Wu Ping and more than 30 Chinese students from Silicon Valley back to the Magic Capital Zhangjiang Science and Technology Park.

Since its establishment, Spreadtrum has aimed at the TD-SCDMA direction, but the domestic 3G communications have been slow to land. In order to ensure the company’s revenue and cash flow, Spreadtrum has been tossing about the 2G/2.5G business over the years, which involved a lot of time and energy. The scale of the enterprise did not increase quickly.

  At present, they have completed four rounds of financing and are planning the fifth round, which is the E round of financing.

  After this round of financing, Spreadtrum should be listed before 3G is completely rolled out, because since the investment in 2001, venture capital institutions have been waiting for five years, and there is a certain degree of exit pressure. "

  Deng Yuanyun smiled and commented: “This is a good company. There are more than a dozen venture capital institutions among shareholders, which are very popular.”

  Xia Jingxing understands Deng Yuanyun’s subtext, not just to remind herself, don’t hold out too much hope, it’s good to be able to participate, and you can’t vote alone.

  He knows that Spreadtrum Communications has a good reputation in the past. Although it has entered the later stage, but now the end of the market, the rate of return is still considerable, because the dividends brought by 3G have not yet been reflected in the valuation of this company.

  "Can you talk more, let us lead the shot."

  Deng Yuanyun knows his boss’s investment style and likes heavy warehouses so much that he often accounts for 20% and 30% of the shares.

  This article has also become the basis for ridiculing Vision Capital in the circle, and the gambling is too heavy!

  Actually, Deng Yuanyun didn’t think that the boss was serious about gambling, maybe he was used to it, because even a company as big as Ari, the boss would dare to drop 700 million US dollars and take 23% of the shares.

  Compared with this investment, other investments of several million dollars, ten to twenty million dollars, can only be regarded as drizzle, and a piece of it is not as big as the investment of Ari.

  To talk about heavy storage, Ahri's pen is the real heavy storage.

  As long as there is no problem with Ari, a small loss will not hurt the fur of Vision Capital.

  What's more, each of the eleven companies invested by the mobile phone industry M&A fund passed through his hands, and he was personally responsible for the due diligence. He did not think there was any problem, and they were all companies with very investment value.

   "Okay, I will try my best!"

  After taking over the task, Deng Yuanyun informed about the capital situation of the mobile phone industry M&A fund.

  The eleven companies invested in, excluding CATL, have invested a total of 173.85 million U.S. dollars, and two-thirds of the 250 million U.S. dollars in cash has been spent.

  In terms of capital consumption, the Bailu Fund, which spends the most money, ranks second in the fund of Vision Capital, and ranks ahead of the Jingzhe Fund.

  Naturally, Xia Jingxing still said the same thing, don’t save flowers, make it hard for me, invest hard, and raise the second phase of fund when it’s gone.

   With the words of the boss, Deng Yuanyun was relieved, and he did not need to worry about the money spent and he would fall into an embarrassing situation.

  Next, Zhang Zhao smiled and reported: “Mr. Xia, as you ordered, I traveled to domestic state-owned and private television and film production companies in the past few months, and finally spent all of the 16 million US dollars.”

   "Is it all spent?"

  Xia Jingxing was a little surprised.

  The same goes for other executives, and they are very curious about how to spend it.

  Zhang Zhao explained with a smile: “These TV shows and movies, no one has ever talked to them about buying online copyrights before, and they are all “used for free”.

  After I came to the door, everyone was very happy. I guess I didn’t expect this kind of "windfall" to be delivered to the door. "

  Xia Jingxing and the executives all listened to joy. In the eyes of others, he was really stupid.

  Zhang Zhao smiled and said: "I was afraid that they would kill me severely, so I deliberately picked and picked in the film library, not this one, not the other.

  In the end, a company only picks a few films.

  They watched secretly and anxiously next to them. On the basis of the original low price, they gave me a 50% and 30% discount, and wanted me to have their library full.

   President Xia, you say this kind of good thing, can I refuse it? "

  Zhang Hao paused, then smiled and said, “I still refused, and bargained with them again. Finally, one family bought all the film libraries.”

  Xia Jingxing smiled faintly, Zhang Zhao said the process was so ups and downs, didn't he just want to take credit for it.

  He understood very well, and nodded, it was a good job for Zhang Zhao.

  Sure enough, seeing the boss nodded, Zhang Zhao suddenly opened his eyes and smiled, and then reported: “After knowing that I was such a spoiled boy in the circle, many film and television production companies contacted me and invited me to pick up the scraps.

  I just pedaled three rounds...Oh, no, I was flying all over the world.

  Domestic TV stations such as Tianyu Media, Huayi Brothers, Enlight Media, Tang TV, Hong Kong’s Shaw Brothers, Jiahe, China Star, Emperor, Wanwan Times, China Television...

  Inland plus Hong Kong and Taiwan, there are TV and film production companies with names and surnames, and I have run almost all of them.

  Some TV dramas cost a few hundred dollars a episode, a few thousand dollars a movie, or hundreds of thousands of movies and TV dramas. Our copyright fund has accumulated more than 5,000 movies and 100,000 episodes of TV shows. "

  Hearing this number, everyone was a little dumbfounded, this is simply Chinese cabbage.

   Is 16 million dollars a lot? The equivalent of RMB is no more than one billion. Looking at this posture, I am afraid that it will wipe out all the movies and TV series that the Chinese have made in the past 100 years.

   "Are "Crouching Tiger, Hidden Dragon" and "Mythology" in it?"

  Li Ying is very interested in copyright funds and can't help but ask.

  ""Myth" was jointly invested by China Film and Emperor Entertainment Corporation. Since it was a movie that was released only a few months ago, it was still hot, and it took nearly one million yuan to win it.

"Crouching Tiger, Hidden Dragon" was not won. The guys from Columbia Pictures asked for too high a price of one million U.S. dollars, and only authorized the right to broadcast on the mainland network, and only authorized it for five years. The conditions were too harsh. ! "

  Xia Jingxing smiled. The Yankees are not so foolish, and there are precedents for the purchase of copyrights on foreign networks. People have fully realized the value of copyright in their hands.

  As for China, he was the first to eat crabs, so he was able to carry the copyright to his home at the price of cabbage.

   Boss Jia did this at the beginning. The copyright cost of a TV series and movie is an average of 15,000 yuan.

  Zhang Zhao suddenly said: "Oh, yes, when it comes to authorization time, this is also very particular."

  "How to pay attention to the law?" Xia Jingxing asked.

  "First of all, my country's "Copyright Law" stipulates that the copyright protection period is only 50 years, and whether copyright belongs to an individual, a legal person or an organization, there is only such a long period of protection.

  For example, the movie released in January 1956 can now be used casually. No one will be held accountable whether it is played on the Internet or offline. "

Zhang Zhao said with a smile: "The movies and TV series shot in Hong Kong, Wanwan, and the Mainland in the 1980s and 1990s have been released for more than ten or twenty years. The period is taken down and can be used until the copyright becomes invalid.

  Film and television works that entered the new century after 2000 will not work. Except for a small part that has been authorized for more than 40 years, most of them are only willing to grant authorization for five or ten years. "

  Xia Jingxing frowned, "Add some money, can you extend the authorization time?"

   "No, I tried it."

  Zhang Zhao shook his head and smiled bitterly, “Mr. Xia, these people are not fools, and old movies and TV series are not mentioned. New movies and TV series are much more attractive to audiences.

  This is determined by the quality of the film and the shooting technique, including action, fighting, plot, etc. Most old films are not as good as new ones.

  These people are shrewd. Even if I pierced my mouth, I didn’t give in. In the end, I just lied...to get a small part of the long-term authorization, the proportion is less than 10%.

  They should also be on the sidelines, wanting to see if the path of online copyright works.

  If it works, I want to buy it in the future, but it won’t be so cheap.

  And they didn’t lose much, because they have to shoot new dramas every year, and the copyright of the new drama is worth the money, a top 100 old dramas. "

  Xia Jingxing nodded lightly, "Okay, it's not bad to be able to do this step, you should remember your work."

  Zhang Zhao smiled, "Then Mr. Xia, what should I do next...?"

  Xia Jingxing glanced at Zhang Zhao, who looked down and smiled, seeming a little embarrassed.

   "Don't worry, I will remember what I promised you!"

  (End of this chapter)