allendalepharm Chapter 174
Chapter 174
“I don’t want to either, but you saw the way they looked at you just now.”
Wang Shichong said:
“Good fellow, they are like female demons looking at Tang Monk, their eyes wishing they could suck your marrow dry…”
“I used to think that although I can’t be called handsome, at least I have a lot of money and have never lacked women around me, but compared to you, I am far behind…”
“Come on, you are Versailles, right?”
Zhang Zhe glanced at him and replied:
“You are well-known as the national husband, with 20 to 30 million fans on Weibo, and there are many people who envy you.”
“You are teasing me, right? That’s because you handsome guys are too low-key, otherwise it would be my turn to be in the limelight?”
Wang Shichong made a joke, then said seriously:
“Azhe, we just met and don’t know much about each other. You will know in the future. I am definitely not stingy with my friends.”
“Besides, there are only a few Internet celebrities. What does it mean to people of our status? The platform is solid, but the Internet celebrities are changing. There are too many women in this world who want to make money and become famous.”
“The live broadcast circle is actually a simplified version of the entertainment circle. As long as the platform is still there, there will be as many Internet celebrities as you want?”
“So we should have fun and talk about business, so as not to affect our friendship because of this…”
Although I know that Wang Shichong is making friends with me for a purpose, I have to say that he has just the right degree.
The welcome ceremony is full of sincerity, and his attitude is also very frank, which is completely different from his personality on the Internet.
But it is also true that except for those who have become rich for various reasons, the second generation like Wang Shichong, who has been rich since childhood, has been influenced by his family since childhood, and his emotional intelligence cannot be so low.
On the Internet, it was just his deliberate persona to build his own popularity and influence.
When facing different people, he would naturally show different personalities.
Zhang Zhe has always been a person who gives me a foot, and I will give them a foot. After thinking for a while, he replied:
“Send me a copy of the detailed information of Panda TV later.”
It goes without saying that Wang Shichong’s status is higher than Qin Zhengyang’s. It is not a bad thing to have some interests involved with them.
It just so happens that Zhang Zhe also has a company called Mitao Media, which has close ties with the live broadcast platform.
It is not necessary to take up the entire B round of financing of Panda TV, but you can invest some and hold a small share.
“Okay, I’ll have someone sort it out tonight and send it to you tomorrow morning!”
Wang Shichong’s face was obviously surprised, and he patted his chest and promised:
“Azhe, you are so nice! To be honest, if I hadn’t been forced, I would be embarrassed to ask you.”
“After you read the information, if you are interested, you can come to the company to have a look. No matter how much you invest, I will remember your favor…”
Wang Shichong paused for a moment, and finally decided to directly take out his trump card:
“If you can solve the B round of financing and help me get through this hurdle, I will sign a guaranteed repurchase agreement with you, and the annual interest rate will not be less than 10%!”
“Old Wang, are you crazy?” Zhang Zhe said in surprise.
“I’m in a dilemma now.”
Wang Shichong smiled bitterly and shook his head, explaining:
“You should be curious, why I’m so eager to attract investment, but the other shareholders of Panda TV are not in a hurry at all?”
“I won’t hide it from you. In fact, during the A round of financing, I signed a guaranteed repurchase contract with them, but the interest rate was lower than the promised you, giving them 8%…”
“What on earth are you thinking? You dare to sign this?”
Zhang Zhe didn’t expect him to dare to play like this. He looked at him with a strange expression and asked:
“Then why are you raising funds? You just wrote an IOU at the beginning!!”
Investment itself is a very risky thing. Investors pay money, connections, channels and other resources in exchange for a part of the equity of the invested enterprise.
If the enterprise develops well, the investor will naturally make a lot of money. Once the management is not good, the previous investment will also lose money or even go down the drain.
Therefore, vision is very important in the investment industry, but if a guaranteed repurchase agreement is signed…
Simply put, no matter whether Panda TV can succeed in the future or what its market value is.
Wang Shichong must guarantee that the funds they invested can have an annual interest rate of 8%.
Even if Panda TV goes bankrupt due to poor management, Wang Shichong must use the financing price at that time plus the interest generated during the investment period to repurchase this part of the shares…
This is no longer a venture capital, but a personal loan by Wang Shichong, but it is unsecured.No wonder he was so eager to attract new funds.
If other people start a business and go bankrupt, the worst that can happen is that they lose the principal, but if Panda TV fails, Wang Shichong will have to bear the debt of more than one billion yuan raised before…
“The main reason is that I am really optimistic about the live broadcast industry, and it is not easy to attract investment for Internet projects.”
Wang Shichong said helplessly:
“I don’t know what I was thinking at the time. I signed a contract with them in a fit of anger, but now that things have come to this, I can only go down this path…”
Zhang Zhe didn’t know what to say at all. No wonder he just said that he was willing to sign a guaranteed repurchase agreement with him. It turned out that he had already signed it before.
Anyway, he has already acknowledged more than one billion yuan, so why is he afraid of another ten billion yuan? He must find a way to get the money first.
Zhang Zhe pondered for a moment and asked:
“Old Wang, how much money do you want to raise in the B round?”
“The minimum is 1 billion, and it would be best if it can be more than 1.5 billion.”
Wang Shichong immediately replied:
“After the A round of financing, the valuation of Panda TV reached 4 billion. So much money has been burned in the past six months. The price of the B round will definitely not be lower than this…”
“I am really not interested in the Internet. How about this?”
Zhang Zhe thought about it and said:
“I will lend you this money, but you have to have something as collateral. The interest will be determined by the bank.”
Although there is a guaranteed repurchase agreement, this money is not afraid of losses, but after all, it is not collateral.
And it is not surprising that the situation inside Panda TV must be very complicated. Zhang Zhe is too lazy to get involved. It is better to lend him the money and do him a favor.
Wang Shichong may not have much money, but his family background is still very rich. Just like the Bulgari Hotel, he can take out the corresponding assets for collateral.
If you really can’t pay it back, just consider it as a low-price asset acquisition.
“Fuck?!”
Hearing Zhang Zhe’s words, Wang Shichong suddenly widened his eyes and said in disbelief:
“Azhe, you are kidding me, right? You really want to lend me 1 billion?!”
“It doesn’t have to be 1 billion, how much is up to you.”
Zhang Zhe smiled and asked:
“How about it, do you want to lend it?”
“Lend it!”
Wang Shichong nodded without hesitation, then thought about it and looked at Zhang Zhe and asked:
“I have 8% of Yida Cinema Line’s shares, with a market value of about 2.5 billion. How about mortgaging it to you and lending you 1.5 billion?”
……
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