Rebirth: I Am The Second Generation Of Coal Miners, Building A Super Family
Chapter 96: The Double Li Era, Director Li! (Flowers And Extra Updates)
"President Li, if you want to strengthen your control over the company, I have a good idea?"
Li An's words immediately aroused Li Xiuman's curiosity.
As a listed company, Li Xiuman, as the founder, has always had a headache.
That is the balance between financing capital and company control.
The higher the company's market value wants to be, the more financing it will inevitably need.
In this way, his worth will increase and the company will have money to develop rapidly.
But correspondingly, his equity will decrease and his control over the company will weaken.
He has a hard time deciding whether the company will become richer or he will become more powerful.
This is also the fundamental reason why many unicorn companies choose not to go public.
These companies have a stable and strong source of income, just like the future Mihoyo or Steam.
I won't go public, and I don't need the little money you raise.
In this way, they don't have to pay dividends, nor do they have to look at the faces of the directors, and they can focus on doing their own things.
This is also the reason why they are called "unicorns".
However, entertainment companies obviously can't do this "eight four seven".
"Director Li, tell me." Lee Soo Man changed the way he addressed Li An.
Even though Li An's shares are not enough to become a director now, in his heart, Li An is already a director of S.M. Entertainment.
It is very likely that Li An is still the second largest shareholder in the company after him.
'Those directors regard their shares as more important than their lives. It is harder to get them to reduce their shares than to kill them! Lee Soo Man muttered.
At most, he can use his power to kick out some small shareholders and help Li An collect the shares.
Those major shareholders, their views on equity are as stubborn as their thoughts.
Li An did not speak directly, but looked around.
Lee Soo Man was a little puzzled.
At this time, Li An spoke.
"President Li, to be honest, when I first came to S.M. Entertainment, I thought I was in the wrong place. This doesn't look like a... large entertainment company that is preparing to go international!"
At first, Lee Soo Man thought someone had led Li An the wrong way.
After hearing the latter part, he instantly understood what Li An meant, and his face was a little embarrassed.
"That, Director Li, isn't this... the company is still in the development stage? When the plan is implemented next year, then we can... we can..."
Lee Soo Man didn't believe what he said.
In his opinion, even if he made money, the first thing to do was to distribute dividends.
The company building was broken, so it was broken, as long as it could be used.
How did the Xia language say it?
The mountain is not high, but it is famous if there are immortals.
It was not until 2020 that they moved from this place to the new headquarters building.
But soon, Lee Soo Man seemed to have thought of something.
He looked at Li An in disbelief, "Director Li, do you want to..."
Now, Lee Soo Man had to be excited.
His dream was to make S.M. Entertainment the world's top entertainment company, and he naturally wanted the company to be more domineering.
But, he had no money.
The company's money had other uses.
Inviting songs, building momentum, publicity, signing artists, trainees, etc.
If Li An has money...
"That's it. I want President Li to start a new round of financing for the company as an executive director, and the direction of this round of financing is the new headquarters building of S.M.Entertainment.
"Not only do I want to build it, I want to build the most luxurious building in Seoul!"
After Li An finished speaking, Lee Soo Man was dumbfounded.
He thought Li An was just building a building, but he didn't expect to build a landmark.
This is indeed exciting, but this excitement is a bit too great.
To build a headquarters like Li An mentioned, at least 100 to 200 million US dollars are required.
However, the current total market value of their S.M.Entertainment company is only a few hundred million US dollars.
If he agrees to Li An's plan and starts a new round of financing, and he does not make additional investments.
It is equivalent to reducing his equity by at least one third.
What makes Lee Soo Man even more uneasy is that
Li An will jump from 10% of the equity to 40%.
Not only will he surpass him, Li An will also become the largest shareholder of the entire S.M.Entertainment company!
Even if other shareholders make additional investments, it will not shake Li An.
Li An knows Lee Soo Man's dilemma.
"Don't worry, I only want profits and will not interfere with management. I don't have time to manage the company, and I don't even have time to come to Korea!"
"After the financing, I will sign an equity transfer agreement with you. As long as you are still the CEO and executive director of S.M. Entertainment, all my voting rights on the board of directors belong to you alone!"
Now, Lee Soo Man is really tempted!
If it is really as Li An said, although the stocks in his hands have shrunk, his actual wealth has increased.
Not only that, his voice in the company has also reached a new peak through this.
His 20%, plus Li An's 40%, almost reached 65% of absolute control.
At that time, no one could stop him from making any decision in the company.
S.M. Entertainment once again became his one-man show.
Lee Soo Man selectively ignored what Li An said, as long as he is the CEO and executive director.
In his opinion, S.M. Entertainment was founded by him, how could it be in the hands of others?
In that case, Li An's shares are his shares.
What, you said his dividends have decreased?
Too naive, dividends are not simply calculated by percentage.
40% of 100 million, or 20% of 500 million, he calculated it very clearly.0
Once S.M. Entertainment has a building that surpasses other entertainment companies, under the same conditions, who will the trainees choose? Who will the artists choose?
Even, they can save a lot of publicity and promotion costs.
Because their headquarters building is the best publicity and promotion tool.
Looking at Lee Soo Man's excitement, Li An smiled.
Yes, Lee Soo Man will make a lot of money, but Li An will never lose money.
All he wants is profit.
In this way, S.M. Entertainment can bring him at least hundreds of millions of wealth a year.
A cash flow cow.
And he doesn't have to spend a little time managing it.
Lee Soo Man can still eat and live in the company like a chicken blood, making money for Kuku.
What is this called?
This is called the excellent self-management of a big worker.
Pigs know to sleep and rest when they are hungry, but workers know to buy themselves iced American coffee and continue to work overtime.
Is there any more efficient production tool in the world than this?
As for controlling S.M. Entertainment, Li An said he doesn't have the time.
To control a company and compete in a complex market, it takes a lot of effort.
S.M. Entertainment will only have a market value of several billion US dollars in the future [Li An has no time to spare for this small company.
In Li An's eyes, Lee Soo Man is a tool to make money for him.
However, Lee Soo Man feels that he has made a lot of money.
Of course, this does not rule out Li An's idea of protecting Lin Yuner.
The entertainment industry is not so easy to mix.
Li An, who has been a coal boss for several years in the future, knows this well.
After an hour of discussion, S.M. Entertainment's new round of financing plan was finalized by Li An and Lee Soo Man in a few words. Both of them were full of expectations for the future. "Happy cooperation, President Lee!" "Happy cooperation, Director Lee!" The wheel of history took a small turn here. S.M. Entertainment has since entered the era of President Lee and Director Lee! At this time, the silly little deer was still training hard. She didn't know that she had become a super god that no one dared to offend in the company because of an encounter. She would die if she moved, the kind that Lee Soo Man killed personally! The next day, Jin Zechen, with a haggard face, appeared in front of Li An... Thank you for the monthly ticket of 'Changsha Fat Tiger Bie', love you! Thank you for the flowers too! However, it's over today (I made up for yesterday's 5 updates and wrote 5 updates today, accumulating 10 updates!). Tomorrow's flowers will exceed 15969, and I will continue to add more!
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