I Won a Prize of 100 Million at the Beginning, and I Became a Capital Boss

Chapter 231 The Richest Man in Puhai, Zheng Wentong!

Chapter 231 The Richest Man in Puhai, Zheng Wentong!
After Galloping Horse went public, ByteDance announced the D round of financing. This round of Byte raised a total of 10 billion U.S. dollars, and the company’s valuation was 100 billion U.S. dollars. The D round of financing CCB International and Sequoia Capital invested 10 billion U.S. dollars.

Yanjing Galloping Horse announced two acquisitions. Galloping Horse bought Light Chasing Animation for RMB 7 million and More VFX special effects company for RMB 5000 million.

The founder of the light-following animation is Tudou Wang Wei, Tudou and Youku merged, Wang Wei got out of the game with money, and later created the light-following animation.

At that time in 08, Wang Wei's personal net worth exceeded 10 billion yuan, and his wife was Yang Lei, the host of Puhai TV.Wang Wei later moved on and fell in love with ballet dancer Tan Yuanyuan.The graceful Tan Yuanyuan is the only Chinese principal dancer in the world's top ballet troupe.

Tudou.com had completed four rounds of financing before going public. In order not to give any money to Yang Lei, Wang Wei made Tudou.com a loss. Yang Lei provided 20 yuan for the decoration of the wedding room, and Wang Wei was only willing to give 10 yuan to his ex-wife. .

In 2010, Wang Wei and Yang Lei decided to divorce. Wang Wei thought that everything was settled. In 2011, Tudou.com submitted an application for listing on the US stock market. Tudou.com’s listing application was actually earlier than Youku’s. The market shares of Tudou.com and Youku.com were almost the same. Whoever goes public first wins.

As a result, Yang Lei sued the Laomei court at a critical moment, bluntly stating that the 38% equity distribution of Tudou held by Wang Wei in the divorce lawsuit was unreasonable, and asked the court to freeze the shares held by Wang Wei first.

The court froze Wang Wei's shares, and all investors were dumbfounded and helpless.After a long delay, Youku has been successfully listed, and Wang Wei can only use 700 million US dollars to reconcile with his ex-wife in the end.

But one step behind is one step behind. After the listing of Tudou.com, Youku has become the leader of the video website. In the end, the leader and the second merged. China's Pixar animation.

Apple founder Steve Jobs was driven out of the company by Apple shareholders in the 80s. Jobs spent $1000 million to acquire the Lucas computer animation department of Lucasfilm. In 1995, he launched the first 3D animation "Toy Story". ", Pixar Animation has won 8 Best Animated Feature Film Awards, including "Robot Story", "Coco" and so on.

In 2006, Disney bought Pixar animation for US$74 billion, and the Steve Jobs family became Disney's largest individual shareholder.Everyone knows what happened later, Jobs returned to Apple, and then launched the smartphone iPhone.
Wang Wei compared the light-chasing animation to Pixar. Perhaps he was worried about being kicked out by the capital, and he was also counting on being able to kill Youku Tudou and regain control of the company.

Wang Wei has been waiting for three years, just to wait for an opportunity, he wants to win, not to prove that he is great, he wants to tell others that he can sell Tudou, and he can also sell Chasing Animation.

Wang Wei chose to leave Chasing Light Animation. The other two co-founders of Chasing Light Animation, Yu Zhou and Yuan Ye, disagreed. Yu Zhou tended to start a business with Wang Wei again, and Yuan Ye tended to stay.

Yu Zhou is relatively young, so it's understandable that he doesn't want to be inferior to others. After all, Yuan Ye has worked in Tudou for more than ten years, and he really doesn't have the ambition to start a business three times. Starting a business is a very torturous thing.

Light Chasing Animation has already produced two films, "Little Door God" and "A Tang Adventure". The production cost of "Little Door God" was 7000 million, but the box office was only 7860 million. Only 3039 million.

Light Chasing Animation has completed two rounds of financing before. In 13, Light Chasing Animation received USD 500 million in financing from IDG Capital. In June 14, Light Chasing Animation obtained GGV Capital and became the lead investor of the fund, followed by IDG Capital and Hillhouse Capital. $6 million in Series B funding.

The loss of two consecutive animated films has made the investment institutions participating in the A round and B round lose interest in continuing to pursue investment. The fact is also true. Since 14 years, Chasing Light Animation has not completed financing, and the listing is nowhere in sight.

When Light Chasing Animation completed its B round of financing in 14, the company’s valuation was around US$1 million. After experiencing losses in two animated films, the industry actually lowered the valuation of Light Chasing Animation. Galloping Horse was willing to spend 7 million The wholly-owned acquisition of Chasing Light Animation, Wang Wei, Yuzhou and the investment institutions participating in the A and B rounds of financing can just cash out and stop losses in time.

Zheng Wentong made some personnel adjustments for the light-following animation. Yuan Ye served as the general manager of the light-following animation and directly reported to Zhong Lifang, the chairman of Galloping Pony. Huang Jiakang served as the animation director of the light-following animation.

Chasing Light Animation stopped producing the third animated film "Cat and Peach Blossom Land", and directly started to produce the fourth film "White Snake: Origin". Chasing Light Animation will cooperate with Warner Pictures to produce this animated film. The art team of Warner Pictures Will participate in the production of "White Snake: Origin" and the sequel "White Snake 2: The Green Snake".

Zheng Wentong did not set a release schedule for "White Snake: Origin", and hoped that director Huang Jiakang would polish this cartoon. The box office of a movie is 4.68 billion, Zheng Wentong has enough patience.

When the time is right, Zheng Wentong can rely on the platform of chasing light animation to create the animated movie "Nezha: The Devil Boy Comes into the World". This movie has a box office of more than 40 billion.In addition to movies, Chasing Light Animation will merge with Weike Xinke's animation department to produce novels adapted from Weidu novels, such as the work "Budo Grandmaster" by Diving Squid.

For More VFX Visual Effects Company, Zheng Wentong kept the management team unchanged, and Wei Ming continued to serve as the general manager of More VFX. More VFX Visual Effects Company has an office space of 3000 square meters and a production team and operation team of more than 200 people.

More VFX has participated in the production of special effects for films such as "The Legend of Wukong", "The Iron Fist of Shame", "Xiuchun Knife 2: Asura Battlefield" and "Master of Memory" in the past two years.

Zhong Lifang and Wei Ming, the founder of More VFX, are old acquaintances. More VFX produced special effects for Ning Hao's movie "Golden Robbery" in 12.They originally thought that the film only needed 200 special effects shots, but when it was actually produced, it was found that there were 600, which far exceeded the production capacity of the company at the time.

The project budget provided by the film company to More VFX is certain. If More VFX recruits people, then the project will have to lose money. After completing the production of special effects, the company's vitality was greatly weakened. Many employees left one after another, and the team of 70 people shrank to 15 people.

The Wachowskis, the directors of "The Matrix", are planning to shoot the original sci-fi film "Jupiter Ascending", and invited the co-founder of More VFX, Wei Ming's team, to participate in the concept design of all scenes about Jupiter in the film. Wei Ming seized this opportunity , led this little-known domestic special effects team to independently produce special effects comparable to Hollywood sci-fi movies.

So from this perspective, Slope Investment owns almost all of Liu Cixin’s adaptation rights for science fiction films and TV series, and More VFX special effects company is indeed a company destined to be acquired by Galloping Horse.

After Galloping Horse completed the acquisition of More VFX, Galloping Horse announced to the public that it would officially launch the production of the domestic sci-fi film "The Wandering Earth". The author Liu Cixin served as the screenwriter of the film.

In 2012, Galloping Horse bought Digital Domain, a Hollywood special effects company, for US$3000 million. As a result, Galloping Horse transferred Digital Domain to Aoliang Group in the second year.It is worth mentioning that the special effects of Thanos are all done by Digital Domain.

At that time, the investment market was not optimistic about Galloping Horse's acquisition of Digital Domain, and the Hollywood special effects company was a little bit unaccustomed to the mainland.

After 4 years, Galloping Horse once again acquired a visual effects company with RMB 7 million, and began to produce the domestic sci-fi movie "Wandering Ball". This time, the industry is generally optimistic about Galloping Horse's acquisition.

More VFX produced the special effects of "Jupiter Ascending", Galloping Pony produced "Crazy Alien", and with the blessing of Liu Cixin, a big IP, sci-fi fans have high expectations for "The Wandering Earth".

After Galloping Horse announced the two acquisitions, the Hong Kong stock market was generally optimistic about the stock price of Galloping Horse, which soon broke through the 80 yuan mark. On January 1, the closing price of Galloping Horse was 8 yuan per share. The total market value is 82 billion yuan.

The 1 million shares of Galloping Horse shares jointly held by Slope Investment and Tonglu Investment Fund are currently worth 860 billion.

Weike Xinke is about to start its B round of financing. Zheng Wentong seeks to complete the B round of financing at a valuation of US$40 billion. Zheng Wentong holds 80% of Weke Xinke's equity, which is worth US$32 billion.

Bluestar Games is currently valued at US$30 billion, and Zheng Wentong holds 95% of the shares, which are worth US$28.5 billion.

If Zheng Wentong's shares in Weike Xinke, Bluestar Games and Galloping Horse are added together, the combined value of the shares of these three companies is 512 billion. Credit insurance brokerage, Huaxin Microfinance and other companies, Zheng Wentong's personal net worth also surpassed Huang Jisheng, the founder of Guanghai Group, the richest man in Puhai. After the Spring Festival, Zheng Wentong will become the new richest man in Puhai City.

On January [-]th, Zheng Wentong and his girlfriend Bai Xiaolu flew to Yanjing together. Zheng Wentong attended the top ten economic figures of the year award ceremony, and Bai Xiaolu participated in the Spring Festival Gala rehearsal.

Yang Zi welcomed Zheng Wentong and Bai Xiaolu, and specially invited them to have dinner at Beihu No. [-] Restaurant.Bai Xiaolu teased her best friend, "A meal here is not cheap, look at your happy face, you have earned a lot during this time."

Yang Zi smiled, "Thanks to Mr. Zheng, the stock of Galloping Horse keeps rising. The stock bought for 1000 million is now worth more than 3280 million."

"My dad heard that I was going to treat you two to dinner, so he immediately recommended me to come here. I'm treating you today, so you can order whatever you want." Yang Zi was very proud.

After dinner, Yang Zi sent Bai Xiaolu and Zheng Wentong back to Palm Springs International Apartment. Yang Zi was very satisfied with the environment of this community. Bai Xiaolu persuaded Yang Zi to buy a set here, and we should be neighbors together. There are also many opportunities in Beijing, and everyone can visit each other.

Although she is 24 years old, Yang Zi still lives with her parents and does not live independently.Yang Zi was a little moved. She was also planning to buy a house, and wanted to buy a villa for her parents to support her parents, but the villas in Yanjing were too expensive, and it was difficult for her current income.

But Palm Springs International Apartment is not far from CCTV, this year Bai Xiaolu and Zheng Wentong will definitely stay in Yanjing for the Spring Festival.
 The two chapters are over, see you at noon tomorrow

  
 
(End of this chapter)

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