Chapter 106 Connection
Pre-prepared meals represent an era and are also a microcosm of industrialized catering.

No matter how high-end the restaurant is, there is a possibility of pre-prepared dishes.

Especially for national chain restaurant brands, almost 90% of the dishes are pre-prepared dishes. It is very likely that you can eat pre-prepared dishes at the price of freshly cooked dishes.

In a few years, rice will be pre-cooked for you and you won’t even need a rice cooker.

"Li Yi, pre-prepared meals are nothing new. For example, the Shannong Group, which I know, also produces pre-prepared meals. They're all semi-finished chicken nuggets that you can just fry at home and eat, and they even have the flavors pre-seasoned. However, their company is on the verge of bankruptcy and has been losing money year after year... People aren't very receptive to pre-prepared meals."

Li Yi said, "Those things are definitely not widely accepted, after all, you have to make them yourself. But what about pre-made braised pork? Pre-made braised pig's trotters with soybeans? Pre-made shredded pork with fish flavor? Pre-made braised fish?"

"what?"

Li Yi continued, "All you need to do is take out a portion of braised pork from the refrigerator and heat it in hot water. Once it's heated, pour a bowl of rice and add the heated braised pork. That's it. A braised pork rice bowl is ready. It should sell for 20 yuan, right?"

Yu Mancang: “…”

He understood it in an instant.

It’s not that there is no market for pre-prepared meals, but that we haven’t found the right direction.

Pre-prepared meals + takeout, it’s a match made in heaven.

Just like QQ was not profitable back then, it only found a way to make money after the emergence of Mobile Dream Network.

It is Super QQ. Only after the emergence of various diamonds did it become a complete product.

It was the emergence of games that gave him more powerful abilities.

Li Yi’s idea is genius!
Yu Mancang laughed. "No wonder you couldn't get to the point just now. It turns out the point is so simple. Now that you've brought it up, aren't you afraid that I'll leave you alone and do it? After all, it's really not that difficult."

Li Yi also laughed. "This is because you trust Mr. Yu. Besides, there are three profit margins in this industry. Without me, you can only earn one at most."

"Huh? Which three?"

"Are you interested?"

"Very interested, and I'm willing to invest! Your budget is only two million, right? Then I'll invest another eight million, and I'll own 80% of the new company."

Li Yi quickly waved his hand and said, "You can only invest a maximum of two million, and I'll also put out two million. And you only own 40% of the shares, I want 60%."

"You guy..."

Li Yi continued, "I'm planning to invest in Wuyou Media under the name of Wuyou Media. If you're willing to hold 10% of Wuyou Media's shares, then you'll own 46% overall. If you hold 20% of Wuyou Media's shares, then you'll own 52%. How about that?"

"Wuyou Media, what's your valuation?"

"Twenty million."

"You're such a ruthless person! I have to spend four million to get 46% of the shares of the new company, right?"

Yu Mancang felt that Li Yi had already planned everything before he came.

If he wants to take control, he has to invest heavily.

Is Wuyou Media worth 20 million?
not worth!
Even though there are a few aces, who can guarantee that they are not just a flash in the pan?
Who can guarantee that it will be better in one year, three years, or even five years?
We can't just give a PE valuation of ten or twenty times the price of a listed company just because it is expected to have a revenue of several million and a net profit of two or three million this year.

Listed companies have all been tested over the years and have a stable direction.

Internet celebrity companies like Wuyou Media disappeared in an instant and had no moat at all.

However, Yu Mancang was indeed envious of this pre-prepared meal model.

He is an investor and generally does not directly participate in the company's operations. After all, it is difficult for him to take care of both.

Investors only need to understand the industry, but real operations can only be done by those who have a clear plan for the industry.

Just like channel 7186, he doesn't care about anything other than money and lets Li Yi operate it.

His thinking was limited, but he recognized Li Yi's internet thinking. As it turned out, Li Yi was indeed better than him.

He has also invested millions in his own gaming channel, but it still has only a few hundred followers.

The main reason why Lao Bing Investment has survived for so many years is that as a boss he only provides money.

But it’s not that easy to get him to pay.

Yu Mancang knew Li Yi very well. The greater the benefits this guy gave, the more likely it was a trap.

If he really took out six million and took control of the new company, Li Yi would definitely have a way to distribute the company's profits reasonably.

This guy never suffers any loss.

"I'll invest 10% in Wuyou Media."

"Uh... Wuyou Media is not short of money right now, so I'll just sell it to you."

Investing in stocks and following sales are two different concepts.

If Yu Mancang invests in the company, the two million yuan will become the company's property.

If Li Yi sells it, then the two million will be his.

It's nothing more than filing taxes at the end of the year.

"Why do you feel like you're going to scam some money and run away?"

"Why would I run away? I worked so hard to build up the company, just for two million? Mainly because other places are short of money..."

As for Yang Ruoxue, her character has been established, and the next step is to seek refuge.

There are many places where money needs to be spent, and Li Yi must become independent from Wuyou Media.

Wuyou Media cannot earn that much, otherwise it will not be able to explain to netizens.

Besides, that was his own ability and it did not harm the interests of the company's shareholders.

Just think of it as him paying for his extra abilities.

"That's right. You have a bright future, and it's not worth running away now. But you are really amazing. You didn't even have a PPT and you fooled me into spending four million."

"Mr. Yu is such a capable person, he definitely won't be fooled. This only shows that we have the same ideals. In essence, I am still working for you."

Yu Mancang didn't respond. After a moment, he said, "Although we haven't signed the contract yet, I'm considered a shareholder of Wuyou Media now, right? When can I meet the pillars of Wuyou Media?"

"You can come anytime, but just don't be disappointed."

"Disappointed? Never mind. Gone."

Yu Mancang could hear the implicit meaning of Li Yi's words, which was simply that it was not that good.

If Xia Panpan is really as good as she appears in the photos, any man would want to sleep with her.

In Li Yi's opinion, the state shown in Xia Panpan's photos can only be achieved by one person in reality, and that is Song Xin.

It’s just that Song Xin doesn’t wear sexy clothes on a daily basis and doesn’t show herself off to others.

Of course, Xia Panpan herself is not bad at being able to shoot such sexy content, it’s just that Li Yi doesn’t want Yu Mancang to worry about her.

"The contract..."

"I'll arrange for Yu Jing to sign with you, but she has military training soon. Anyway, you two should discuss it. I'll start acquiring some equipment and factories."

"it is good."

(End of this chapter)

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