Open business day-to-day

Chapter 352 Investing
With the smooth launch of the Shangdong music platform, the results are extremely impressive. In order to attract more musicians to join, a series of welfare and support plans have also come out.

For example, the monthly ticket list is modeled on the monthly ticket system of the novel website. As long as the songs can enter the monthly ticket list, no matter how much they sell or how much income they bring to the website, even if you are free songs, you will not earn a dime.

But as long as they are on the ranking list, according to the ranking of the song, they can get bonuses ranging from [-] to [-].

In addition to the monthly ticket list, of course there is also the recommendation list, which is ranked according to the number of recommended tickets for each song, and the reward amount is also ranging from [-] to [-].

Of course, this is the general list, and there are also various categories of music lists. Each category can have a separate sub-list, which is also based on monthly tickets and recommendation tickets.

The reward amount will be reduced a bit, and there will be a bonus ranging from [-] to [-] depending on the ranking.

Of course, all of the above are original songs, and some old songs that have been released for many years are not included.

In addition, a new song list is specially set up, which is aimed at the new songs released that month.

A month after a new song is released, it will be off the charts.

Although the quality of the new song list is not comparable to that of the general list, in order to support new songs, the reward amount is the same.

It is also divided into two lists, the monthly ticket list and the recommended list. According to the ranking on the list, a bonus of [-] to [-] will be given.

In addition, there are also new song classification lists. Entering the rankings on these sub-lists will also give [-] to [-] different bonuses.

The new song list is mainly used to support newcomers and new songs. As long as they can stand out on the new song list, not only will they get a bonus, but they will also get a lot of promotional resources.

Of course, these bonuses are not too much. With the development of the website, more and more musicians are added, and the scale is getting bigger and bigger, and the bonus rate will be further increased.

But entering the list, you can get a bonus from the website. For some new songs or new creators, it is an affirmation, an encouragement and an honor.

What's more, as long as you enter the list, you will also enter the field of vision of the website, and you can get more promotion resources and support policies in the future.

It is conceivable that with more and more independent musicians on the platform, everyone wants to stand out, enter the rankings, and gain more fame and promotion resources.

Like the author soliciting votes, he will solicit votes from fans everywhere, asking everyone to vote for them monthly, recommended votes, and hit the rankings.

The monthly pass can only be obtained by consumption, and the number of recommended tickets also depends on the user's activity level and consumption amount. For those fans who are solicited by singers, what should they do if they don't have monthly passes and recommended tickets?
You can only get a monthly ticket by recharging and spending, and be more active on the Shangdong music platform, participate in comments everywhere, join the community circle, and get more recommended tickets.

Let more people consume and make everyone more active on the platform, which is exactly what Shangdong Music Platform is pursuing.

As the Shangdong music platform gradually entered the right track, Lin Rui also slowly adjusted his focus and focused on other aspects of the company.

In view of the importance of the game business to the company, it is also the company's biggest profit point, the cash cow.

The company decided to increase investment in this area, but after several rounds of large-scale recruitment by Weiyang Technology, there are not many game talents in the province who meet the requirements of Weiyang Technology, so they can only turn their attention to other places.

From June [-]th to [-]th, it took three or four days. Lin Rui and several senior executives of the company went to Guangzhou Province for research and visits.

I found that the game industry here is really perfect, and there are extremely rich talents in various games.

After returning, all the top management held a closed-door meeting, and finally decided that Weiyang Technology could not build a car behind closed doors and put all kinds of business in Los Angeles.

It is necessary to gradually establish branches and R&D centers across the country based on the distribution of talents and policy support across the country.

So there is no suspense about the first branch company. On June [-]th, Weiyang Technology established the first branch company in Guangzhou, mainly for game research and development.

Of course, this is just the beginning. The next step will be to gradually establish branches and R&D centers in cities with abundant human resources and strong policy support in the imperial capital, magic capital, Jiangcheng, Xi'an, and Rongcheng according to the company's needs.

Another morning, just as Lin Rui finished dealing with the matter at hand, his secretary Shen Fei, who had just joined the job, walked in.

With the growing size of the company, Sun Yutong also serves as the director of the president's office as an assistant. He usually has a lot of work on hand, and it is not suitable to be a secretary.

Lin Rui does need one or even two professional secretaries to assist him in his work.

Although Sun Yutong was a little reluctant about this, he was still very rational. Considering the overall situation of the company, Lin Rui really needed a very professional secretary to serve him.

And she has more and more work herself, and she doesn't have the energy to serve as Lin Rui's secretary concurrently.

Since some time ago, at a meeting, some company management suggested that Lin Rui should have one or two professional secretaries, and this matter has entered the agenda. Sun Yutong only hesitated for a moment before agreeing.

Secretary Lin Rui's selection criteria are set very high. Of course, this high is not because of good looks, but because of professional ability.

It is said that Sun Yutong also participated in the formulation of this standard.

In the end, after many procedures and many people were eliminated, Shen Fei finally stood out and became Lin Rui's secretary.

Shen Fei wasn't very pretty, she could only say that she was good-looking and pleasing to the eye.But the ability is indeed very powerful, with both a shrewd and capable side and a careful and cautious side. These days, he assisted Lin Rui in handling his work in an orderly manner.

And her personal resume is also very impressive. She went to Peking University in college, and finally got a doctorate in Cambridge. She got a doctorate in economics in four years.

After returning to China last year, I worked in an economic research institute for a period of time, and I was not used to resigning.

During this period of time, Weiyang Technology and Lin Rui were in the limelight. Shen Fei saw that Lin Rui was recruiting a secretary. Both the salary and future development prospects were extremely superior.

So he passed all the way and finally became Lin Rui's secretary.

Lin Rui is still very optimistic about Shen Fei. Although there is still some lack of work experience, she is indeed very capable in all aspects.

He can always handle things well.

At this time, Liu Fei opened the folder and put it in front of Lin Rui: "Mr. Lin, this is the due diligence information that Mr. Zhao handed over. He will report to you later."

Lin Rui nodded, a little surprised and said: "I didn't explain it earlier. For general investment, their strategic investment department can just decide. There is no need to ask me for review. Is there any big move recently!"

Shen Fei said from the side: "The investment amount of this target is not too large, nor is it small, it is a bit special. Apart from this matter, Mr. Zhao should have other things to report to you."

Lin Rui nodded, flipped through the due diligence report in his hand, feeling a little surprised.

He has a little impression of this company. As an affiliated company of an advertising company, Feicai Media mainly produces advertisements for advertising companies and shoots some promotional videos, which have little to do with the Internet.

This has also started financing, and has passed the preliminary review and done due diligence.

In the end, I looked through the information in my hand and found that Feicai Media is really good.

Lin Rui heard this from Leng Yanqiu before. Although Feicai Media is not a big company, it is the largest advertising production company in Los Angeles and one of the largest in the province. Its technical strength is very good.

After reading the information, Lin Rui nodded. Feicai Media is indeed a relatively high-quality company. Although it has little connection with the Internet, it is very suitable for investment in terms of income.

He read the materials here, and Zhao Yan knocked on the door and walked in.

The two chatted for a while, and Lin Rui also understood why Zhao Yan was optimistic about Feicai Media. One was that the company had good strength and good technology.

The second is to improve the industrial chain and technology chain of Weiyang Technology. Although the company does not involve in some industries and technologies, it does not hinder the layout in this area.

Feicai Media's publicity, production and shooting capabilities are what Weiyang Technology values.

The purpose of Feicai Media's financing this time is to further improve its technical strength, which is what Weiyang Technology is willing to see.

Enterprises willing to develop technology and make progress are more likely to be favored.

Last but not least, he is a local company in Los Angeles, and he is the media company with the highest production capacity in Los Angeles. He supports a production company nearby, which can be used at any time in the future, which will also help Weiyang Technology to a certain extent.

The two chatted for a while, there was no surprise, Lin Rui agreed to the investment.

Next, Zhao Yan reported one more thing, which was his main purpose of looking for Lin Rui today, and investing in Feicai Media was more like incidental.

"Mr. Lin, for this investment in Feicai Media, the company is estimated to invest 3000 million yuan, accounting for 40.00% of the shares. The pre-investment valuation is 500 million yuan, and the post-investment valuation is 500 million yuan."

"After the 3000 million shot this time, we don't have much money in the investment fund!"

Lin Rui froze for a moment, and found that it was true.

The special investment fund of Weiyang Technology was established in January this year, and cooperated with ICBC.

According to the allocation ratio of one to four, Weiyang Technology invested 6000 million yuan, and ICBC allocated 4000 million yuan to form Weiyang Technology Investment Fund with a total of [-] million yuan.

Of course, ICBC's money is not in vain. The 4000 million [-] million is equivalent to Weiyang Technology's loan, with an annualized rate of [-] points.

With money in hand, especially since Lin Rui still has the task of investing in start-up companies, Weiyang Technology's move is naturally unambiguous.

Years ago, it was better. Basically, a company only invested a few million dollars, and many of them only invested tens of millions.

In the past few months, 500 million yuan was invested in "Eleme", and another 500 million yuan was invested in Tsingman Media, and things got out of control after that.

Previously, Weiyang Technology had limited influence and strength, and only invested in the province. Since Zhao Yan joined the company, he invested in a start-up company in Shanghai, "Ele.me", and Weiyang Technology's investment territory began to expand to the whole country.

All start-up companies in the country are within the scope of his investigation and investment.

Regardless of the dozen or so shots just after the year, nearly [-] million has already been invested.

In this way, if the 3000 million is invested, there will be no money in the investment fund.

Lin Rui thought for a while and said, "That's it! Then continue to inject capital into the fund, have you communicated with ICBC? What's their attitude?"

Seeing that Lin Rui readily agreed to the capital injection, Zhao Yan expressed a lot of joy: "I have already communicated with ICBC, and according to their credit evaluation of our company, the ratio of one to four is still allocated for less than one billion. "

"One billion to two billion, the ratio will be further reduced to one to three, or even one to two."

"More than 20 billion, the uncontrollable risk is a bit too big for them, and we need to invest one by one."

Lin Rui nodded: "What do you think?"

Zhao Yandao: "I don't think we need to set up a large-scale investment fund. Not to mention occupying the company's cash flow, it will also affect the company's other financing and loans."

"This time the company can invest [-] million yuan. According to the ratio of [-]:[-], the bank will give [-] million yuan to form an investment fund with a total scale of [-] billion yuan."

"At present, in China, an investment fund with a total amount of one billion yuan is not too small, and it can meet the company's next investment and layout needs."

"When the scale of our company is further expanded and the credit evaluation in the eyes of the bank is further improved, we can further increase the scale of the investment fund according to the situation."

Lin Rui pondered for a moment, and Zhao Yan's approach was indeed more thoughtful: "Okay, let's do it like this!"

The two chatted for a few more words. Zhao Yan got up and was about to leave when Lin Rui suddenly asked, "Has your strategic investment department made any big moves recently?"

Zhao Yan was stunned for a moment, then smiled at Lin Rui and said, "Boss Lin, how do you know?"

Lin Rui said: "Looking at your appearance, you really made a big move?"

Zhao Yan then sat down again and explained: "Recently, I have indeed contacted a company that has great potential, but it has already been targeted by many venture capital institutions, including Sequoia China, and it is not easy to snatch it away."

"The matter is not too big now, and I don't want to report to the company casually."

Hearing what he said, Lin Rui's curiosity suddenly came: "Which company are you talking about? It is so optimistic, but it is targeted by so many venture capital."

Zhao Yan said: "Boss Lin, have you heard of Wang Xing?"

Lin Rui was stunned for a moment and said: "Wang Xing, how could he not know that he is also a well-known figure in the domestic entrepreneurial circle. Chen Yizhou, who first founded Xiaonei.com and later sold it to Thousand Oaks, was renamed Renren.com, and is now in the United States. Listed, with a market value of billions of dollars."

"Then he founded Fanfou.com, the originator of the domestic microblogging website, but unfortunately it was blocked in [-]. This is how Sina Weibo and our microblogging platforms emerged."

"I heard that a group buying company called Meituan has been founded, and it is doing well. Are you talking about him?"

Zhao Yan nodded and said: "Yes, this is the person. As a legendary entrepreneur, Wang Xing has a very keen and unique vision. Although he has imitated American companies for several times, he stepped on the right node and led the way. Entrepreneurship boom."

"Not to mention other things, but his ability and vision are worthy of recognition, and it is worth investing in."

(End of this chapter)