Hong Kong Island Comic Master

Chapter 22 Incorporation
"Of course not. What I mean is to make the entire magazine and printing house formalized and corporate, instead of just being a small workshop like it is now!"

"Our broken business still needs to establish a company?"

"want!"

"want!"

This time, Li Wanshui and Li Wannian said in unison.

Li Wanshui glanced at Li Wannian. Obviously he didn't expect that Li Wannian had such knowledge, but he quickly withdrew his gaze and fell on Li Chongjun again.

"Since Shangguan Xiaobao and Huang Yulang can both establish companies, why can't we? After all, our magazine now owns the third largest-selling comic newspaper in Hong Kong Island!"

"How can I start a company with just that little money?"

In Li Chongjun's view, you can't make a lot of money by doing comics. If you open a company, how can you support so many people?

Obviously, Li Chongjun has never seen the big world and does not understand how much value is behind IP.

And Li Wannian and Li Wanshui have met before!

"I want to hear your opinion, Nianzi, on this aspect!"

Li Wanshui suddenly brought the topic to Li Wannian.

"Ah I?"

Li Wannian said blankly.

"Yes, my entire set of ideas is based on your comics. As the most indispensable person in the entire plan, I want to hear your opinion. After all, you are the one who knows comics best! "

The reason why Li Wanshui asked this question was not as simple as what he said. After what his father told him about his interactions with Li Wannian today, Li Wanshui discovered that his third brother not only had talents beyond ordinary people in comics, but also in business. He also has unique and long-term vision and insights.

"In my plan, I plan to take comics as the core and develop animation, games, peripherals, movies, theme parks and other commercial developments, but..."

"It's just that you don't have money now?"

"Is there anyone else?"

Li Wannian lamented that there were too many things he wanted to do, but he was unable to do anything. Apart from him, no one could help him.

"Same, the key to having no one is lack of money! With money, people will naturally have them!" Li Wanshui said sharply.

"Isn't that the same as not saying anything? After all, I still have no money!"

Li Chongjun spread his hands at this time, and LeBron... said helplessly.

"So, we need to form a formalized company, then raise funds and get loans!"

"Financing? Whose financing?"

"mine!"

"You... yours?"

As he spoke, Li Wanshui took out a New York Bank card from his pocket and placed it on the table.

"Over the years, I have worked and studied and earned US$5. Now I am ready to invest!"

Since the Hong Kong dollar was decoupled from the US dollar in November 74, the Hong Kong dollar officially entered a nine-year free floating period (11-1974.11), which was also an "anchor-free period". The Hong Kong dollar was not anchored to any foreign currency.

The development of this situation will only cause the Hong Kong dollar to depreciate further.

However, at this stage, due to Hong Kong Island's continued trade surplus, the Hong Kong dollar is relatively stable. The current exchange rate between the Hong Kong dollar and the US dollar is around 5.6.

In other words, Li Wanshan has earned nearly 30 yuan in the past three years while studying.

"how did you do it?"

Li Chongjun was surprised to see that Li Wanshui could still come up with money.

In recent years, because Li Wanshui had a scholarship, he had almost never paid Li Wanshui except for the first year. But Li Wanshui not only didn't spend much, but actually made money! "I made some money from stock trading!"

Li Wanshui didn't say much specifically, but everyone could imagine that a poor student who was unfamiliar with the place could earn so much money with nothing in a foreign country. The amount of sweat and talent he put in was definitely beyond the imagination of ordinary people.

"Keep this money for your marriage, our family is not short of it now!"

Li Chongjun firmly disagreed with Li Wanshui's approach.

"If I don't invest, how can I legitimately enter the company?"

"You are my son, come whenever you want!"

"That won't work. The company will have problems sooner or later. For example, how much equity does Nian Tsai currently have? How much salary do you give him?"

As soon as these words came out, Li Chongjun fell silent.

Yes, now Li Wannian is the treasure of the magazine, and no matter how much money he gives, he is not too small, but Li Chongjun still hasn't given him a penny in salary.

Still like a child, Li Wannian asked for pocket money, and he gave it!

I have to say that in this regard, Li Chongjun is truly a capitalist!
"Brother, this is the brother you mentioned. Do you want to settle the score?"

"That's right, the first step for any company to become formalized must be to clarify the equity! While the company's assets are still small now, they can be divided in advance. If the company's market value is several hundred million in the future, it will be impossible to do so! "

Just like Li Wanshui said, although Li Wannian believes in everyone in his family, he should never use money to test human nature, especially a lot of money!

"Brother, I support you, how do you divide it?"

Seeing that Li Wannian had said this, Li Chongjun naturally had no choice but to agree.

"First, we need to set up a company, including the administrative department, personnel department, financial department, etc., and then spin off the magazine and printing house as subsidiaries. The shares of the magazine and printing house are controlled by the company, and mine These funds are directly injected into the company, and you, me and Lao Dou will jointly occupy the equity!"

"How to divide it specifically? I don't have a penny!"

Li Wannian continued to ask.

"No, you can choose to invest in technology. At present, your technology is definitely the core of the entire company's competition! I will give you a very high valuation. Next, we have to calculate the revenue of the entire company!"

As he said this, Li Wanshui asked Li Chongjun for the account book.

When Li Chongjun saw this, he said nothing and took out the account book and handed it to Li Wanshui.

Li Wanshui was reading and writing and drawing on paper. In just half an hour, the A4 paper in front of him was full.

"Well, in the first half of the year, the company's total revenue is about 40 Hong Kong dollars. According to my estimate, the annual revenue should exceed 100 million!
Therefore, I set the total valuation of the company at 180 million. Now I have raised 30 and can get 14% of the shares.

As for the remaining shares, I suggest you hold 46%, Ladou, and 40%, Nianzi, if you suffer some losses! "

"Wait, what about me?"

At this time, Li Wanshan on the side was suddenly dumbfounded. The family was divided for a long time. What could he do without him?

"What can you do in this company?"

Li Wanshui asked suddenly.

"me……"

"Don't worry, you are my brother, and I have another use for you!" Li Wanshui didn't bother to explain to his second brother. After saying this, he turned to look at his father and third brother, "With this division, both No objection?"

Li Chongjun and Li Wannian both shook their heads.

"Very good, then, next, there is the most important question, what should we name the company?"

When everyone was silent, Li Wannian suddenly had an idea and said, "How about calling it DreamWorks?"

(End of this chapter)