Chapter 1139: A Resilient Entrepreneur

Li Dong and Qi Yunna were chatting when suddenly there was a shout from the restaurant door.

"Li Dong, Li Dong, are you here?"

Li Dong's face turned bitter, and the crowd in the restaurant became quiet for an instant, and then many people whispered, "Li Dong, is Li Dong far away?"

"I heard that Li Dong has come to the capital and stayed at the Intercontinental Hotel?"

"..."

The InterContinental is also a five-star hotel. Apart from a few tourists, most of the people who come here are business people or government officials.

Everyone knows Li Dong's name.

Hearing the shouts, many people looked around.

After looking around, someone saw Li Dong and quickly nodded to Li Dong, but didn't bother him.

Li Dong also nodded in response, no matter whether he knew him or not, he got up and waved to Hu Xiaorui.

When Hu Xiaorui saw Li Dong, he trotted over quickly.

Then he said embarrassingly: "I called you and you didn't answer, Bai Su said you went downstairs to drink tea, I didn't see anyone, so I yelled a few words..."

It's not that she really didn't know that this would attract people's attention. The main reason was that she hadn't seen Li Dong for a long time, and she couldn't wait to see him.

But seeing that everyone in the restaurant was under the spotlight, Hu Xiaorui also knew that he had caused trouble.

Li Dong smiled wryly: "It's okay, it's not a secret, I didn't plan to hide it in the first place.

The main thing is you, pay attention to your image, after all, you are also the boss of a big company.

With the merger and acquisition of the New Film Federation, now you can be regarded as a small half of the entertainment godmother, and you are still like a child. "

Mastering theaters is even better than mastering entertainment companies.

The New Film Federation ranked second in the national cinema chain last year, losing to the Shanghai United Cinemas.

But this year, the trend of the New Film Federation is not bad, and it should be possible to beat the Shanghai United Cinemas. In other words, the New Film Federation is likely to become the number one theater chain in the country this year.

If Dongxing Entertainment wins the New Film Federation, it will have a higher status in the entertainment industry.

Even if Dongxing Entertainment has not been established for a long time, that is not the point. No matter how much you invest in a movie, no matter how big the stars are, and no matter how good the acting skills are, the theaters will not arrange films for you, or the number of films scheduled is small, and the release time is not good...

In the end, no matter how good your movie is, you will have to hit the street.

The movie box office in 2008 was not too high, according to estimates, it was around 4 billion.

The New Film Federation's box office this year is estimated to reach 400 million, and a single company has accounted for 10% of the domestic movie box office, and in the capital market, it has even occupied 60% of the market share.

If you want to make a name for yourself in the imperial capital and thus affect the whole country, the New Film Federation will occupy an absolute dominant position.

Hearing what Li Dong said, Hu Xiaorui seemed a little embarrassed, but soon recovered, sat down next to Li Dong, and said with a smile: "Okay, okay, pay attention next time.

Besides, I don't want to be an entertainment godmother.

I've been annoyed to death recently, the people at the New Film Federation are so annoying.

There are many shareholders who don't talk about it, but they still open their mouths. The company's total assets seem to be high, reaching 1.2 billion.

But there are also a lot of debts, more than 50%.

In the end, these people dared to ask for 1 billion, they are so beautiful! "

Li Dong couldn't help but said: "It's indeed a bit high, the equipment of the New Film Federation is now aging, if we really want to take over, we must replace the equipment.

600 million is not a loss, and it is acceptable if it is slightly higher. After all, it has a great influence in North China and is also an old brand traditional theater chain.

But 1 billion is inflated.

How are you talking now? "

Hu Xiaorui said with a smile: "Of course, 1 billion is impossible. After so many days, it's almost the same. I'll figure it out. I want to win all of them. It's about 700 million.

Now more than half of the negotiations have been settled, and the rest is time to grind.

The 700 million acquisition funds will cost at least 200 to 300 million when they are in hand.

You have to prepare 1 billion yuan. I don't know if the remodeled theaters can meet expectations. "

The profit margin of theaters is not low. Under normal circumstances, 10% of the net profit is stable. If you do something small, 20% is possible.

steal box office,

In this day and age, it's too common.

There is no unified e-ticketing website, and the cinema has the final say on how much you box office.

Of course, if you engage in too many petty tricks, your reputation will be bad.

In short, the profit rate is above 10%, that is certain.

According to the current revenue of Xinyinglian, the annual net profit can reach 50 million, which is not low.

Moreover, after the transformation, the revenue will definitely increase, and the annual return on investment can reach more than 8%.

This is still under the current general market conditions. In a few years, the box office of domestic movies will skyrocket, and the rate of return will naturally be higher.

Li Dong pondered slightly after hearing the words: "For this price, it is not a loss to acquire the New Film Federation, but making money is second, the key is Dongxing's reputation.

But in this way, the total investment is as high as about 1 billion, which is a little higher than I expected. "

One billion is not a small number.

Even if half of it is paid out, it will cost 500 million. For Li Dong now, every penny has a place to go, and it is not easy to get so much money out.

Hu Xiaorui probably understood what he meant, and said with a smile: "Don't worry, it won't be done all at once, it will take several years.

This year, around 400 million is more than enough.

You pay 200 million, and I pay 200 million. If you don't have enough money, I'll make up for it first. "

The corner of Li Dong's mouth twitched, whether I am the richest man or you are the richest man, 400 million is about the same as 4 yuan in this girl's mouth.

Qi Yunna on the side couldn't help being speechless, Mr. Sun's daughter is full of air.

You listen, 400 million is taken out after talking about it, and the children of the rich are different.

But who let the Hu family only have such a daughter, who is rich and self-willed, and even envious can't be envied.

Of course, Li Dong was embarrassed to ask her to pay, so he smiled and said, "No need, I'll be tight here, it's not a big problem to collect 200 million.

Take it down as soon as possible, some of the current equipment of Xinyinglian is aging, and if it is not updated for a long time, its reputation will weaken.

At that time, the added value will be much lower, and the sooner we win it, the better off we will be.

It just so happened that recently reached an agreement with Longhua, and then New Film Federation can enter the East China region for development.

In addition, our Yuanfang City plan has also begun. In a few years, the theater chain will also spread to the entire China region, instead of only showing its popularity in North China as it is now.

After three to five years, if we can occupy 30% of the national market share, we will just wait and count the money. "

China's movie box office will experience explosive growth in the next few years.

In 2014, it was nearly 30 billion, and in 2015, it exceeded 40 billion, approaching the 50 billion mark.

If you really want to occupy 30% of the market share, then sitting and counting money is not empty talk.

Of course, the possibility is not high, and Li Dong's goal is not high. If he maintains the current trend and occupies more than 10%, he cannot lose the market.

And with the expansion of Yuanfang City and Longhua in the future, the theater chain will also expand accordingly, and it should be higher.

Even if it occupies 15% of the market, the revenue is still very impressive, at least around 5 billion.

Li Dong still vaguely remembers that a few years later, the revenue of Wanda Cinemas was only a little over 4 billion, and the market value unexpectedly exceeded 100 billion, which fell below the eyeballs of the world.

The false high is a bit falsely high, but it also shows that theaters are still very optimistic in the next few years.

These thoughts flashed in his mind, and Li Dong just recovered when he heard Hu Xiaorui say: "Li Dong, my mother invites you to dinner at my house tonight, why don't we go later?"

"night?"

Li Dong was stunned for a moment, then apologized a little: "Not at night, I have an appointment with someone else."

Hu Xiaorui was a little disappointed, and muttered: "It was hard for me to convince my mother."

Li Dong really couldn't help it. Before he came, he made an appointment, and he had to go to Du Anmin's side in the evening.

Lao Du had something to tell him, and he also had something to talk to Lao Du.

Compared with Sun Yuehua, Du Anmin's time is a bit tighter. If he misses the appointment today, he may not be able to spare time later.

Besides, Li Dong didn't dare to break the appointment, didn't he.

In Huaxia, few people dared to let Lao Du's pigeons go. Even if Sun Yuehua knew about it, he wouldn't say anything.

Just as Li Dong wanted to comfort her, Hu Xiaorui recovered and said with a smile on her face, "Forget it, if you can't do it today, can you do it tomorrow?"

"tomorrow……"

Li Donggang wanted to explain that tomorrow might not be the case. After all, he attended the Internet conference on the first day, and he might have a chat with Ma Yun and the others in the evening.

But after thinking about it, Li Dong nodded and said, "Well, I'll visit tomorrow night."

Sun Yuehua's side is also more important.

Li Dong needs to communicate with her about Tian Fang's matter, and also needs to communicate with her about the continued cooperation between the two parties.

In addition, Hu Xiaorui said so, so I feel embarrassed not to go.

Li Dong didn't like to participate in dinners before, but now he is forced to do nothing.

Not only Lao Du and Sun's family are here to visit, but also members of the Entrepreneur Club have invited him to dinner, and some people from the Classmates Association have also invited him to dinner, as well as other messy partners and government agencies...

Invitations have been sent, he really wants to stay in the capital for dinner, and he can't finish eating until next month.

Seeing that Li Dong agreed, Hu Xiaorui's face became more joyful, and he said with a smile: "Then don't forget, I will pick you up tomorrow.

Also, do you want to meet some of the original shareholders at the New Film Federation..."

"Forget it, you just need to be responsible, and I won't get involved.

In the past few days, there are many things to do, and I'm afraid I won't be able to spare much time. "

"Well, then I'll do it myself."

"..."

The two chatted for a while, seeing that Li Dong still had things to arrange, and Qi Yunna was still waiting, so Hu Xiaorui didn't stay any longer.

As soon as she left, Qi Yunna smiled and said: "President Li, Miss Hu is really lively."

Li Dong smiled, shook his head, and said, "My young child, you haven't seen her lively before.

Guess where I first met her? "

"where?"

"When she smashed the Qi's clubhouse, she took a few little sisters and smashed seven or eight cars..."

Qi Yunna: "..."

After a long while, Qi Yunna smiled wryly and said, "That's because I'm ignorant, and I underestimated Miss Hu."

Li Dong also laughed, and said a few more words to Qi Yunna, and went upstairs to rest after drinking afternoon tea.

I have to go to Du's house at night, so I can be in a better state of mind.

...

Night gradually fell.

When Li Dong woke up, Liu Hong had already gone to the Internet Association's dinner.

After Li Dong woke up, Bai Su told Li Dong that someone would come to visit him in the afternoon.

But knowing that he was resting, he left his business card and left first.

Li Dong took the business card and looked at it, before saying after a while: "It's him, he's here too?"

Bai Su really didn't know this person very well. Hearing this, he asked curiously, "Mr. Li, do you know this Wang Xin?"

"I've heard the name, but I haven't seen it before. He's a genius."

It is generally not easy for Li Dong to be called a master.

But Bai Su is really not familiar with it, so he can't help but look a little surprised.

"Does Xiaonei know?"

"Know……"

"He founded it."

"But the business card says President Fanfou..."

"Lonely and ignorant!"

Li Dong shook his head, and said as he went downstairs: "Fanfou is the originator of Weibo in China, and our Weibo is a few months later than Fanfou's launch.

However, Fanfou’s publicity was weak, coupled with its small investment and insufficient technology, it was quickly surpassed by us.

Later, when our Weibo became bigger, the Weibos of companies like Sina also went online, and he did not have strong capital support, so of course his reputation was not obvious.

Of course, I don't care about rice or not.

Wang Xin himself is a master in the field of SNS websites. He dares to work hard, has many creative ideas, and has a full understanding of the development prospects of the Internet both abroad and at home.

Unfortunately, luck is not good.

Back then, if the Xiaonei network was strong, there would be no room for other people to survive. If Fanfou had strong support, there would be no room for our Weibo to survive.

and……"

Li Dong didn't say any more, he wanted to, and this guy was very resilient.

Xiaonei.com was acquired by someone, and he immediately set up Fanfou.com. Not long after Fanfou failed, he set up another website that will become famous in the future—Meituan.com!

Yes, Meituan was also founded by Wang Xin.

Although Meituan is not the first group buying 2.0 website in China, it is the largest and best group buying website.

This guy, known as a "professional entrepreneur" in the future, also topped the Hurun list with a net worth of tens of billions.

Of course, that is when Meituan succeeds in the future.

Now Wang Xin is still relatively down and out. After finally setting up a school intranet, the popularity has skyrocketed, and users flocked to him.

But the reason why they sold Xiaonei in the end made people dumbfounded, because they had no money!

Yes, there are too many people, and the servers and broadband are not enough, so we need to invest more money.

It stands to reason that some people invest in this kind of popular website.

It's strange, but no one is willing to invest in Wang Xin. In 2006, Wang Xin was full of anger and reluctance, and sold Xiaonei.com to Thousand Oaks Interactive.

As a result, they changed hands and changed their name to Renren.com and increased investment. Investors are now enthusiastic.

The same reason why Fanfou didn't start, no money!

Still no one wants to invest in him!

It's not that no one is willing to invest in Wang Xin's organization. Either the lion opens his mouth and Wang Xin doesn't want to, or the organization is too small and the funds are not strong. If he spends hundreds of thousands, he will intervene in Wang Xin's management .

Down several times, time has long been missed.

In the future, Meituan will be able to start. I have to say that Wang Xin has to thank Sequoia Capital. Sequoia is probably the only big capital institution that has taken a fancy to him. At that time, it invested 10 million US dollars to let him start a new business.

Thinking of this, Li Dong was a little interested and said, "Did he say what he came to see me for?"

Bai Su shook his head and said: "No, he just said he wanted to visit you.

I said you were resting, and he left his business card and left, saying he would visit again next time. "

Li Dong didn't blame Bai Su for not waking him up. Now that there are so many people who want to visit him, it is impossible to welcome everyone.

Generally, those who are not well-known will leave a contact information and contact them later.

That being said, in fact, Li Dong really hasn't contacted a few people.

Wang Xin's reputation is not obvious now, it's normal that Bai Su didn't wake up Li Dong, but if someone like Ma Yun came, Bai Su would definitely call him.

This is also human nature, you don't have the status and fame to match, why should you visit Li Dong, Li Dong is not everyone can meet.

How many great people, when they were not famous, wanted to visit someone, but they were not allowed to enter.

When Ma Yun didn't get up, he wanted to meet the investor, but he begged his grandpa to tell his grandma, and they only gave him a few minutes.

Society is like this, but it's no wonder that others have high vision and arrogant attitude.

"It's fine if you don't have one. He should also be attending an Internet conference. If you meet him, let's talk about it. If you don't, call him back and say I'll treat him to dinner."

"good."

Bai Su didn't ask the reason. In her opinion, Li Dong wanted to attract the other party, and the founder of Xiaonei still had some value.

Li Dong didn't say much, got into the car and drove to Du's house.

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