Life in the world of film and television

Chapter 170 Origin Technology Chief Financial Officer Andy

After chatting for a while, Andy's understanding of Yuandian Technology was beyond Li Mu's imagination. It seems that he has put in a lot of effort before.Many of her opinions and suggestions made Li Mu's eyes shine. Coupled with the top investment banker who came back from Wall Street, an idea suddenly popped up in Li Mu's mind.

Is the current chief financial officer of Yuandian Technology lacking in ability compared to Andy? If...

After chatting for a while, Li Mu suddenly changed the subject.

"I heard that you, Shengxuan, recently acquired Red Star in order to strengthen your PC business. Lao Tan pulled you back from Wall Street and was responsible for this matter."

"Well, I'm currently in charge of the Red Star acquisition." Andy nodded briskly. This is not a secret.

However, Li Mu was puzzled and said: "Now is the era of mobile Internet, and the peak of PCs has long passed. Whether it is HP, Dell abroad, or Lenovo in China, there are many strong players in it. It has long been a sea of ​​red. Let's talk about a sunset industry. Not too much."

"Look at Lenovo, the world's largest PC business, with annual sales of more than 3000 billion yuan and a market value of only tens of billions, which is not even as good as a start-up company."

"The PC business of the Red Star company you plan to acquire is only a few tenths of Lenovo's, less than [-] billion yuan. It looks like a lot, but the profit of the PC business is really very thin now. Your operation of acquiring Red Star is really disappointing. People can't understand."

Andy frowned, thought for a while, and spread his hands: "This is the decision of the board of directors, and I just implement it. As for the company's strategic layout, the future direction of industrial development is beyond my control."

Obviously, Andy also has doubts about this matter. Will the acquisition of a PC company belonging to the sunset industry really help Shengxuan's layout so much?

It's just that Tan Zongming invited her from Wall Street to take charge of this matter. The board of directors has already made a decision, so what else can I do.

Li Mu smiled and suggested: "I think you can have a chat with Lao Tan, buying Red Star is really not a good move."

Andy shrugged and smiled helplessly: "I came here today to represent Shengxuan to participate in the A-round financing of Yuandian Technology. Lao Tan and I are very optimistic about the development of Yuandian Technology and hope to get on the car as soon as possible."

"It's you who actually persuaded me to give up buying Red Star. Tell me, what is the purpose?"

Li Mu spread his hands: "It seems that I can't hide anything from you. In fact, it's nothing. I just chatted with you and felt that our family's chief financial officer may be a little lacking in ability. Can I recruit you here!"

Andy was quite surprised: "Hey! Is it appropriate for you to poach someone so openly?"

Li Mu smiled and said, "What's wrong, your acquisition of Red Star is really a stinky move, besides, the transaction size is only 30 billion, keeping you busy for such a long time is really overkill."

"Come to be the chief financial officer of Yuandian Technology and preside over the A round of financing. The capital and funds involved are more complicated. It is definitely more challenging than the acquisition of Red Star."

Andy smiled: "As the chief financial officer, for a company as big as Shengxuan Group, I have no reason to give up and go to a start-up company."

Li Mudao: "Because the Shengxuan Group is too big and established for too long, it is not suitable for you?"

Andy asked curiously, "Why?"

Li Mudao: "The long time of establishment means that the internal structure is complicated, and an intricate network of relationships has already been formed inside, and various interest spokespersons are intricate. Even if you are the chief financial officer, the power in your hand is not as great as you think. Want to make However, reforms must be made to affect some vested interest groups, which is difficult to deal with.”

"Even now, you are only in charge of the acquisition of Red Star and part of the company's IT business. It is really not easy to make achievements."

"Original Technology is not the case. Not to mention seizing the track, the future potential is unlimited. I don't need to say more about this. On the other hand, it is easy to draw on white paper. The company has just been established, the internal relationship is simple, and everyone is in one place. Thinking, putting all your energy into one place is the time to make the most achievements.”

"Guarding an already successful company, how can it be more fulfilling to build a successful company by yourself."

"What do you say, Andy?"

Being fooled by Li Mu, Andy was really tempted. As the chief financial officer of Shengxuan Group, he naturally understands the real situation of the group.First of all, shareholders are very complicated, and Lao Tan is only one of the shareholders. The company is the spokesperson of various forces and shareholders.

Not to mention her, even Lao Tan has a lot of worries when making a decision, and all aspects must be considered.

Just like Andy was hacked on the Internet last time, the schedule to make a report at the board meeting the next day was immediately stopped, and Lao Tan went to the stage in person.It was because some directors saw the news about her being hacked on the Internet and had opinions about it, Lao Tan had no choice but to compromise.

This can also indirectly show Lao Tan's right to speak within the company.This is true of Lao Tan, not to mention Andy.

Andy frowned and thought for a while: "Old Tan managed to lure me from Wall Street, and he won't let go easily."

Li Mu said: "It's not necessarily true, Old Tan treats you well, as long as you let him know that this matter is beneficial to you, he will consider it."

Andy said: "I'm the chief financial officer of Shengxuan now, I can't only consider my interests, but also Shengxuan's interests."

Li Mudao: "It is also a good thing for Shengxuan that you come to me to be the chief financial officer and preside over the A-round financing of Yuandian Technology. It will be easier to get in the car."

"Besides, with Shengxuan's size, there is no shortage of excellent chief financial officers. Don't feel that you can't do without you! Whether you are there or not doesn't make much difference to a large and stable group like Shengxuan."

Andy was not angry when Li Mu taunted her for a while. What Li Mu said was the truth. The approval of her becoming the chief financial officer at the board meeting was not smooth.

The two chatted for a few more words, and finally Li Mu urged: "Go back and talk to Lao Tan. I really don't think much about Red Star's acquisition."

"It's better to stop as soon as possible, come to me as the chief financial officer, and preside over the A-round financing of Yuandian Technology. It is definitely more freeing than you in Shengxuan, and you will be happier and more fulfilled."

Andy smiled helplessly: "I will consider it, thank you!"

After Andy left, Li Mu stood in front of the large floor-to-ceiling windows, overlooking the city below.

He persuaded Andy to talk to Lao Tan just now, and he gave up the acquisition of Red Star, which is not nonsense.

What era is it now? In the era of mobile Internet, the PC computer industry has long been a sunset industry, and the competition is fierce, and profits are compressed to the extreme.

Lenovo, the global leader in the PC industry, has annual sales of hundreds of billions, net profit of only a few billions, and a market value of only tens of billions, which is pitifully small.

As a company of the same type, the scale of Red Star is only a few tenths of that of Lenovo. The brand is not well-known in China, and it belongs to the third- and fourth-tier brands.There is also no core technology. This is not the Red Star family. Lenovo also does not have any core technology. It purchases components globally and is affectionately called an assembly plant by everyone.

Such a second- and third-tier PC brand really doesn't have much acquisition value.

Li Mu doubts why a company as big as Shengxuan Group, with so many smart people, would make such an insane choice.

However, after thinking about it for a while, he suddenly realized that the original work of this play was published in 2010, and the writing time should be around 2009. After it was adapted into a TV series, the timeline was changed to 15 or 16 years.

Then there is no problem.

In 09 and 10, smartphones were in the ascendant, and PCs were still the world. People used computers more to surf the Internet. At that time, Lenovo was in full swing, and its influence was comparable to that of Huawei.

Putting the background of the times in 09 and 10, the PC business was indeed a hot industry at that time, and Shengxuan's acquisition of Red Star was a very correct choice, and there was nothing wrong with it.

It’s just that the screenwriter has changed the background of the times, but the content of the acquisition has not changed. As a result, the popular industry at that time has become a sunset industry five or six years later. It is strange to still acquire here.

In addition, there are many strange places, such as the BMW 15 series driven by Wang Baichuan, which was placed on the Shanghai stock market in 16 and [-]. It was really just a scooter, and it was too exaggerated to use it to save face.

If the background is set in 09, the BMW [-] Series can really be driven, and it can already save face for ordinary people.

There is also Fan Shengmei's father's 10 yuan surgery fee. In 09, it was indeed a lot of money for ordinary people. In 15 and 16, is it as exaggerated as in the drama?

From this, Li Mu came to the conclusion that as long as Andy and Lao Tan have a good talk, they will find that the acquisition of Red Star is really a bad move, and it doesn't make much sense except to help the original shareholders take over the deal.

……

A month later, Shengxuan Group held several board meetings in a row, and finally stopped the acquisition of Red Star, and Andy, who was in charge of the case, was free for a while.

Li Mu seized the opportunity to chat with Andy several times alone, and visited Tan Zongming again to express his attitude.

Lao Tan really cares about Andy, and probably thinks that Andy's continued stay in Shengxuan Group is too restrictive. Joining Yuandian Technology will give her greater freedom and room for development, and she will be able to give full play to her ingenuity.

In the end, he chose to let go and supported Andy to join Yuandian Technology, becoming the new chief financial officer and presiding over Yuandian's A-round financing.

Internet technology is hot these days, and Internet companies are also extremely sought after on Wall Street. Yuandian Technology has shown enough potential. The founder Li Mu is still her good friend and neighbor. This is a rare opportunity and platform.

After careful consideration, Andy finally accepted Li Mu's invitation to serve as the chief financial officer of Yuandian Technology and preside over Yuandian Technology's A round of financing.

Andy deserves to be Andy, and Andy in life and Andy in work are simply two people. After taking over the work of Yuandian Technology, Li Mu saw her genius and workaholic side.

In just a short period of time, the tacit understanding between several large investment institutions was directly broken, and they could no longer use a unified pace to form pressure on Origin Technology.

Under the separate battle, the valuation increased rapidly, and the speed of financing negotiations also began to accelerate, allowing Li Mu to see Andy's talent and wisdom in business.

(End of this chapter)