Start by trimming cow hooves

Chapter 148 Routine Operations

The production of the mini album has been completed.

If you want to ask about the specific sales situation, the rest can only be left to luck. After personally advertising through social platforms, Suri's work is basically over.

As for learning from other singers, holding offline autograph sessions.

In Suri's opinion, it was a waste of time. The profit earned during the promotion period was probably not enough to pay for the fuel for his private business jet.

There are plenty of ways to make money, so there is no need to resort to unnecessary means.

As for participating in TV talk show interviews, even if he is willing to go, the major TV stations may not agree.

The existence of Netflix Entertainment is equivalent to taking food from TV stations.

In recent days, Suri has become quite popular on the Internet, but many established media groups have turned a blind eye to it. Whether it is news or newspapers, they are silent, as if he does not exist at all.

It can be seen from this.

Privately, he seems to have been banned by these media groups, and he will not help promote the new album.

The conspiracy theory about Suri's parents burning Hades Coins in the past two days has been so fierce that a large part of the reason is that a bunch of traditional media are adding fuel to the fire.

Fortunately, Suri clarified in time, and Facebook and Youtube were the platforms to speak out.

If he were a small role player with no resources, he might have become a victim of fake news and be completely unable to recover.

Major Internet companies, especially social platforms like Facebook, are inherently at odds with traditional media. As the former "uncrowned king," the old media group's crown is already shaky.

Their influence on the new generation is getting weaker and weaker. Only a very small number of young people can still read newspapers and watch TV news.

So even if he was banned, it didn't seem to be a big deal in Suri's eyes, and it didn't delay him at all on Lanai, enjoying the sea breeze and drinking.

Since returning to Hollywood to hold a party.

Over the past few days, the stock price of Netflix's parent company has been rising. The top ten shareholders have been rapidly shuffled, and three well-known Wall Street investment companies have been added to the list, namely Goldman Sachs, Morgan Stanley and Fidelity Fund.

This shows that capital is paying attention to Netflix Entertainment. Suri is not fighting alone. Strong allies are also beginning to appear around him.

Everyone knows it.

Even without Netflix Entertainment, other similar startups will surely emerge to continue to take a share of the established media groups. Changes caused by technological development are inevitable.

The reason why he is now under siege.

The reason is simply that the established giants are flexing their muscles to prove to shareholders that they are capable of coping with the impact of online streaming media.

At the same time, they also want to slow down the expansion progress of Netflix Entertainment and try to buy time for transformation, hoping to get more of the cake.

It is impossible to say that the fish is dead and the net is broken, and the water and fire are incompatible.

As long as Netflix Entertainment develops smoothly and becomes bigger and stronger, it will become a new force that these established media groups cannot kill.

At that time, if we turn around and lead them to participate in financing, maybe the old feud can be cleared up in the blink of an eye, and everyone can become good friends hand in hand.

Considering that Netflix Entertainment cannot develop solely by relying on self-produced dramas, Suri is very covetous of the copyrights held by Hollywood film and television companies. If he wants Netflix Entertainment to dominate and seize most of the market, he needs to shift from confrontation to cooperation. Win-win.

But don’t expect those traditional companies to bow their heads easily before they prove their strength.

There is no hope of reconciliation in the short term, and the secret confrontation may continue until a few years later...

Suri's yacht Lanai slowly docked at the dock.

From the deck, two middle-aged white men in suits and ties walked down. One had a Mediterranean hairstyle, and the other was sweating profusely and was wiping his forehead with a handkerchief.

In the modified Mercedes-Benz G55-AMG off-road vehicle on the shore, Jiang Jiaya, who was trying to start working, asked:

"I've read news on the Internet before. It said that you successfully earned your current net worth through a family office with only twelve employees. They must be very powerful if they can help you earn more than one billion US dollars. It seems Just like the elites in the financial world, they are so smart that their heads reflect."

Suri answered her:

“It’s true that the family office has twelve regular employees, but many tasks are outsourced to accounting and law firms, consulting firms, investment banks, etc. Relying on them alone is a waste of time. Although my business is simple, it is not large in scale. It’s terrible, twelve people can’t handle it.”

Jiang Jiaya then asked: "In addition to the twelve regular employees of the family office, there are also a group of outsourced temporary workers who can spend money and ask outsiders for help at any time?"

"Well, this is professional and efficient. It's much easier than raising an idle person for a long time. It can save me a lot of expenses..."

He came to Lanai Island today to help discuss financing with Liu Dong from Dongjing Mall.

After finally meeting a truly capable potential investor, Brother Dong was still staying on the island, and would go to the Su family and his son from time to time to get acquainted with each other, for fear of being forgotten.

The company lacks Liu Dong to be in charge, so it will be fine for a while, but if it can't get Series B financing and doesn't survive until March next year, the company he founded will be completely out of business.

The current Dongjing Mall.

In addition to the payment owed to suppliers, it also borrowed some bridge funds from outside, which are so-called short-term loans.

The interest rate is much higher than that of normal commercial loans, which is equivalent to legal usury.

Every day when I open my eyes, I see high interest expenses and a loss in revenue. Dongjing Mall is really unsustainable.

In two or three months, the Lunar New Year is coming.

At the end of the year, both suppliers and financial backers who provide bridge funds will come to Liu Dong and ask for money.

Finally seeing some hope, he didn't want to miss any opportunity to renew the company's life before getting a clear answer from the Su family and his son.

Su Rui, who was sitting in the driver's seat and turning on the air conditioner, had been keeping Liu Dong dry for several days.

It's not that he is reluctant to spend money and wants to keep the financing price of Dongjing Mall down. When he cooperated with Netflix's parent company, he was particularly cheerful.

The reason why Brother Dong is deliberately left alone is to win more shares.

The three melons and two dates invested right now are nothing compared to the long-term benefits that can be obtained. Trying to hold more stocks is the most important thing.

If Liu Dong is willing to accept financing of up to about US$70 million.

This fund will be injected into Dongjing Mall for subsequent daily operations, and in return, 50% of the equity of Dongjing Mall will be released to Su Rui.

Even if he doesn't bargain and gives up intervening in the specific management of Dongjing Mall, Su Rui will feel that it is a good deal. After all, if he holds an additional 10% or 20% of the equity now, he will have the opportunity to earn tens of billions of dollars more in the future.

He was not worried about Liu Dong asking for too much money, but worried that the other party did not want too much.

For the sake of long-term interests, this approach of giving up preoccupations and spending money to clear the way is a routine operation of powerful Silicon Valley investors.

The gray line of grass and snakes lies thousands of miles away.

A typical example is Lin'an Jack Ma, who received financing from SoftBank's Masayoshi Son.

How could a venture capitalist like Masayoshi Son not know the original value of Alibaba? After investing 20 million US dollars to knock Jack Ma unconscious, Alibaba not only had sufficient funds to develop, but also occupied more than three-thirds of the shares in one fell swoop. One, in the end, he simply won.

If you only invest US$5 million in the initial stage, it is likely that you will face competition from other competitors by the time of Series A or Series B financing, and you will spend more money, but you will only be able to occupy fewer shares.

Therefore, if you are optimistic about a target, you must be decisive enough to take action.

A few years ago, Suri missed Facebook's follow-up financing, and then he realized this truth. How can he fall into the same pit twice...

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