That morning, Xu Baihui called Zhou Buqi and said that she had something to ask him for help and asked him to go there.

There is no way, Zhou Buqi is a big boss somewhere else, and he must be obedient in front of Xu Baihui, the female devil. It’s better to go there, and Tang Yixin has to talk to her about things.

After the past, Xu Baihui took the initiative and said with a smile: "Boss Zhou, how about Xiao Tang?"

Zhou Buqi snorted, "Why did you arrange her into my house?"

Xu Baihui said: "She is from another place and she has just entered the industry and has no money. The company arranges accommodation for her. Isn't that what it should be?"

"That's my house! Do whatever you want!"

Zhou Buqi snorted coldly.

Xu Baihui did not give in at all and gritted her teeth and said, "Stop coming, there are no outsiders, why are you pretending? I've been sleeping for you, what's wrong with living in your house?"

"Ahem..." Zhou Buqi's aura suddenly became weaker, "Then you can't lend my house to someone else without saying hello, right?"

"Why is it just casual?" Xu Baihui said with confidence, "I don't know you yet? When I signed Tang Yixin in, I thought she must be in line with your taste. How about it? I met for the first time, I went upstairs..."

"Get it out!"

Zhou Buqi quickly interrupted her.

Xu Baihui smiled and said proudly: "I'm grasping your preferences and arranged everything for you in advance. Those two apartments are so high-end, and they are also empty, isn't it a waste? Just in time, Tang Yixin lives in one and Jiang Shuying lives in one, so that they are neighbors."

"Jiang Shuying?"

"I'll go back to China next year. I'll sign a contract with me and I'll come to Beijing to develop. Wouldn't you arrange a house for her? You didn't expect that I have to make arrangements for you, right?"

"I thank you!"

Zhou Buqi really has no choice but to do anything to her.

Xu Baihui smiled and said, "No need to thank you. My sister is so nice to you, don't you know? When Zhang Yuqi lived there, you wanted to find her a neighbor, but she didn't find her. Now, I'll make arrangements for you. Let Tang Yixin and Jiang Shuying be neighbors. When you go upstairs, you can still..."

"Okay," Zhou Buqi interrupted her with a black line on his forehead, "You came over in a hurry, just for this matter? Then I'll leave!"

Xu Baihui rolled her eyes wide and said, "You can really pretend!"

Zhou Buqi looked serious, "I'm not the kind of person you think."

Xu Baihui curled her lips and said, "Anyway, I have helped you a lot, and you have to help me once."

"What are you helping?"

"I'll see a few people later, you can go with me."

"Who? Official?"

"No." Xu Baihui shook her head, "Damai.com, do you know?"

Zhou Buqi looked suspicious, "I don't know, what's wrong?"

Xu Baihui said: "Damai.com is Douban's competitor."

"Film Review Website?"

"No, it's a ticketing website. Didn't Douban also open a ticketing system? But Douban's coverage is too narrow. Damai.com is more comprehensive. In addition to movie tickets, there are also concerts, dramas, musicals, crosstalk, stage plays, and you can also buy tickets for sports events. Now the Chinese Super League seems to be in the process, and there is a big capital entering the venue."

"Then you say, even I've entered the market..." Zhou Buqi waved his hand, a little surprised, "No, why are you meeting people from Damai.com?"

Xu Baihui said: "I want to acquire Damai.com."

"What?" Zhou Buqi opened his eyes wide and was quite surprised. "If you don't do a good job in the entertainment industry, why do you do the Internet? We have a division of labor!"

Xu Baihui said: "The core of the ticketing website is movie tickets, which is also part of the entertainment industry. Moreover, Damai.com is so popular. It was rated as one of the top ten shopping websites a few years ago. Taking Damai.com is equivalent to missing Douban with a major competitor."

Zhou Buqi didn't take this trick, "Stop being careless! Even if Douban will not compete in the future, would Ziweixing directly come forward to acquire Damai.com?"

Xu Baihui pouted and was not very satisfied, "Boss Zhou, Ziweixing is your company, and Jieyu Media is also your company, okay? You can't be too biased, why do you give it to Ziweixing for any benefit?"

Zhou Buqi was both angry and funny, "What's the point of being biased or not? Ziweixing is an Internet company. Ziweixing acquired Damai.com and then merged with Douban's ticketing system. This is the optimal solution, with the lowest cost and the highest efficiency."

"You're not right."

Xu Baihui shook her head with a solemn expression.

Zhou Buqi laughed, "What's wrong?"

Xu Baihui said: "From the perspective of business, efficiency and cash flow, Ziweixing's acquisition of Damai.com is indeed the best solution. However, capital can be leveraged. From the perspective of PE, Jieyu Media can create more wealth by doing this!"

"Well……"

Zhou Buqi was choked all of a sudden.

I'll go!

What a Xu Baihui!

This has turned black from the direction of entrepreneurs to capitalists!

Indeed, in another half a year, Jieyu Media will be listed on the Hong Kong stock market. The market value after listing is mainly affected by two factors: one is net profit and the other is pe.

Market value = profit multiplied by pe.

If you want to push up the market value, one is to increase profits and the other is to push up the PE.

It's too difficult to make profits bigger.

In comparison, it is relatively easy to do high-pe, and this thing mainly depends on market confidence.

Many times, if you stand up and shout a few slogans, or do a PPT to hold a press conference, the market will be able to scream. Even if the profits do not increase, the stock price can still rise on the Rockets.

If Jieyu Media only does the entertainment industry, this industry is relatively traditional, and the pe given in the market will not be too high, 25 times will be almost the same.

However, if Jieyu Media is linked to the Internet, it will be amazing. With the support of the Internet, it will be crazy sought after by the market, and it is very likely to increase the pe to 50 times all the way.

In other words, the current valuation of the original internal share allocation of Jieyu Media is HK$80 billion. Once it acquires Damai.com and claims to enter the Internet entertainment industry, its market value is likely to soar to HK$160 billion.

The effect is immediate.

The capital wealth created in this way is much greater than that of Ziweixing's acquisition of Damai.com. With Ziweixing's scale and size, if Ziweixing acquires Damai.com, there will be almost no growth in capital wealth.

Seeing that Boss Zhou was silent, Xu Baihui said with reasonable grounds: "After Jieyu Media went public, it can raise at least 10 billion Hong Kong dollars. Such a large amount of money can't be kept in the bank, right? It's not responsible to shareholders. It just so happens that the Internet is so popular now, and it's also a way out to develop appropriately towards the Internet."

Zhou Buqi was silent for a long time before he said slowly: "It is better to do a business, right?"

"What's the point of going public? Jieyu Media is not short of money at all!"

Xu Baihui simply disagrees with his point of view.

Zhou Buqi said: "That's it, but don't be too arrogant, and pay more attention to long-term value. This kind of gameplay aimed at the Internet to promote PE is too short-term."

"Short term is short term." Xu Baihui glanced at him, "Boss Zhou, you are the big boss, don't stand and talk without any pain in your back!"

Zhou Buqi said angrily: "Why is my back hurting?"

Xu Baihui said: "The people from the 10 School Entrepreneurship Alliance are still earning dead wages now."

Isn’t there still dividends? At the beginning, Ziweixing has been divided, and in recent years, Yuanwei Group has also been split.

"How much money is that?"

"Um."

Zhou Buqi nodded. In recent years, Yuanwei Group has been paying dividends every year, but it only costs millions to everyone. It can live a life that is far beyond ordinary people, but it is far from meeting the standards of a rich man.

I have stocks worth billions of dollars in my hand, but my quality of life has not changed much.

Xu Baihui said softly: "Jieyu Media and Yuanwei Group are the first listed companies in our 10-school entrepreneurship alliance. After listing, they must provide them with a large opportunity to cash out. Since they want to cash out, of course, the higher the stock price, the better, and the hotter the market, the better. Yuanwei Group has no room for expansion in terms of PE, and Jieyu Media can bear this responsibility."

Zhou Buqi's aura disappeared in an instant, and he felt that what she said made sense.

It is indeed necessary to provide the veterans of the 10 School Entrepreneurship Alliance with a large opportunity to cash out, so that they can truly exchange cash to achieve financial freedom, rather than paper wealth.

Boss Zhou cannot enjoy private planes flying around the world every day, luxury manors, private yachts, and private islands. Other entrepreneurial partners do not even have the funds to spend on vacation in Dubai.

Sure enough, it's still the woman's carefulness.

It's indeed a lack of consideration.

Xu Baihui said seriously: "Boss Zhou, Jieyu Media's current internal valuation is 80 billion Hong Kong dollars. But outsiders don't know, don't we know yet? Jieyu Media can really support such a high market value? The reason for such a high valuation is that the platter investment business in Hollywood this year is very popular, especially the investment in "Avatar", which has now earned US$440 million. You said you want to pursue long-term value, but how can you pursue long-term value in the platter investment business? Hollywood is no longer very popular with platter investment financing methods. This business lacks sustainability."

Zhou Buqi looked at her deeply and felt that she had grown a lot. He said deeply: "Yes, the business of platter investment is unsustainable. Hollywood's film industry model has changed. As I said, we must develop in the direction of inertia, popcorn, family fun, and special effects. In the future, it will be sequel blockbusters, only debt financing, no equity financing."

To be precise, Zhou Buqi's words refer to Hollywood blockbusters.

With the development and progress of technology and the use of 3D, Dolby, IMAX and other technologies, the Hollywood blockbuster model has undergone great changes. The role of "inertia" is becoming more and more important, and it is basically filming sequels and various sequels.

For example, "Top Gun" was once very popular. If you shoot another movie "Top Gun 2" decades later, there is a great probability that you will succeed. This is a high probability of success. The film company does not need to raise equity through the platter investment model. Just borrow money to make a movie directly in the debt model.

However, this does not mean that platter investment will disappear completely.

It will mainly target those low- and medium-cost Hollywood movies, as well as new categories of Hollywood blockbusters without "inertia" endorsement... This is very unfriendly to investors.

Small and medium-sized movies can’t make a lot of money, and new types of Hollywood blockbusters are too risky.

In short, it is the platter investment business that supports the biggest source of profit of Jieyu Media, which is now unprotected in the future. This means that Jieyu Media’s stock price will not be guaranteed in the future. The so-called long-term value is beyond the reach.

(End of this chapter)

Chapter completed!