From elementary school music teacher to superstar
Chapter 218 I Think Teacher Lu Will Not Reject
Chapter 218 I Think Teacher Lu Will Not Reject
Zhou Huaiyong frowned and said, "Boss Lin, I'll just say it straight."
"Of course, Mr. Zhou, please tell me."
Lin Weixiong continued to laugh.
"In the last negotiation, Jingting Music occupied about ten points of market share, but now, this data has increased to more than fifteen points."
Zhou Huaiyong paused, "If Weilin's current valuation is still the same as before, I don't think there is any need for us to talk."
Last time, the valuation given by Weilin Capital was 5000 million, but he rejected it.
Now that the situation has changed, the valuation will only be higher. If the other party does not have this sincerity, there is really no need to continue the negotiation.
Lin Weixiong put away his smile and said sternly: "Then what is Mr. Zhou's expectation?"
"Eighty million."
Zhou Huaiyong said directly.
The last time he quoted [-] million to the other party, this time Jing Ting's situation is much better than before, and the valuation must be improved.
"Boss Zhou is too optimistic. You know, although Jingting has been on a good run recently, it will be very difficult to improve in the future."
Lin Weixiong frowned and said, "Also, there should be a shortage of funds for Jingting, and Mr. Zhou's expectations are too high."
Zhou Huaiyong smiled and said: "Jing Ting has grown from 0 to the current [-] points. During this period, it has experienced many promotions and plans, and also fought two song wars with KK. The platform still has a good room for growth. I have that confidence."
"As for the funds... there are indeed some shortages."
He took a sip and continued, "But even if the financing fails, we still have other solutions. Mr. Lin may not believe this, but it is the truth."
Thinking of this, Zhou Huaiyong felt a little emotional.
He really has no money, but Lu Xin has money.
The two competitions with KK's songs were said to be due to Jing Ting, but it is actually better to say that Lu Xin defeated the opponent with his own strength.
Because although the platform has made some efforts, if the song is not good, everything is useless.
The sales of these songs, whether they are nursery rhymes or later love song duets, are terribly high.
Zhou Huaiyong roughly estimated that the two released songs alone had already brought Lu Xin tens of millions of dollars in revenue.
If it can't last in the end, Lu Xin can also make additional investment to obtain funds.
But in that case, Lu Xin's shareholding ratio will increase, while his own will decrease. Zhou Huaiyong actually doesn't want to see such a situation happen.
Of course, so far, he and Lu Xin have been very happy to cooperate. If they really want to do this, it is not unacceptable.
After all, Lu Xin is really not interested in participating in the company's management, and the existence of such a top creator is of great help to Jing Ting.
Not to mention anything else, the increase in the number of users brought to Jingting by the two fighting songs alone is visible to the naked eye.
"Mr. Zhou, since this is the case, let me tell the truth, [-] million is indeed too high, and [-] million I can go back and repay."
Lin Weixiong thought for a while and said, "But for the [-] million, we need to add a gambling contract and another condition."
Weilin Capital is optimistic about the music platform market, but for a long time, only KK has dominated, and they are not easy to start.
Later, with the addition of TT Music, the KK platform was under pressure, so they wanted to negotiate with KK and try to invest.
Unexpectedly, Jing Ting appeared again at this time.
Moreover, the growth is too fast, and it has gained a firm foothold in a short period of time.
The eyes of Weilin Capital were immediately attracted.
They also noticed the recent growth of Jingting and wanted to complete the investment as soon as possible.
[-] million is actually the highest price that Weilin headquarters can accept. Lin Weixiong originally didn't want to expose the bottom line so early, but judging by Zhou Huaiyong's attitude, the price is too low to continue the negotiation.
"On gambling?"
Zhou Huaiyong frowned, "I would also like to ask Mr. Lin to explain in detail how to bet against each other."
Lin Weixiong said with a smile: "It's very simple. The Jingting platform is valued at 20.00 million yuan, and Weilin Capital will take [-]% of the shares. But there is a prerequisite, that is, we have a growth plan."
"If Jingting's market share can increase to [-] points within a year, then the contract mentioned earlier will be considered fulfilled."
He continued, "But if the promotion plan cannot be completed, then one year later, Jingting will still accept Weilin Capital's ten-point shareholding request at a valuation of [-] million."
In the last negotiation, the valuation did not reach an agreement on the one hand, and the more important aspect was the dispute between the two parties on the shareholding ratio.
Zhou Huaiyong only agreed with Weilin Capital to take 20.00% of the shares, but Weilin Capital asked for 30.00% of the shares.
In the end, the two sides failed to negotiate.
Zhou Huaiyong pondered for a moment, then said: "I agree with this in principle, but I need to discuss it with another shareholder. If he agrees, it will be fine."
He proposed an estimate of [-] million, and there is naturally room for adjustment in expectations.
The words of [-] million are acceptable within his psychological range.
In fact, the negotiation is like this. I will not talk about the previous trials. This time, if both parties are willing to reach a cooperation, it will be easy to succeed.
Although Lin Weixiong said he would go back and report, Zhou Huaiyong knew that he should be able to make the decision. After all, Lin Weijie, the founder of Weilin Capital, was his elder brother.
As for the growth plan, Zhou Huaiyong is confident that it can be completed.
He asked, "What does the other condition refer to specifically?"
"It's the other shareholder Mr. Zhou mentioned, is it Lu Xin?"
Lin Weixiong smiled, "I don't know how the shares between Mr. Zhou and you are distributed, but Weilin Capital requires that Lu Xin cannot quit Jingting Music within three years."
"To be honest, Mr. Zhou has found a good partner."
If it weren't for Lu Xin's recent strong performance, winning four major albums on the song twice by himself, Weilin Capital would not have agreed to raise the valuation so readily.
They estimated that Lu Xin's influence in the music scene, as well as his own growth, cannot be measured by money.
Because no one can predict where his ceiling is.
Zhou Huaiyong nodded, "Okay, I don't think Mr. Lu will refuse this point."
Lu Xin accounted for 40.00% of the shares, and in this financing, he may also spend money to maintain the proportion. He should agree to the request not to withdraw for three years.
"Then, I'll go back and hope that we can formally sign the contract next time we meet."
Lin Weixiong said with a smile, "At that time, Mr. Zhou will also call Mr. Lu, and our whole family will be his fans."
"it is good."
The two stood up and shook hands.
When receiving a call from Zhou Huaiyong, Lu Xin was writing the arrangement for "Laughing in the Red Dust".
Although Tang Litao said that it would be fine to come out in two months, there must always be preparations in case the song needs to be changed.
He thought about it and agreed to the request of the capital side relayed by Zhou Huaiyong.
From [-] points to [-] percentage points, it should be able to be completed in one year.
After all, within a few months of its creation, Jingting has grown from 0 to [-] points.
As for the three-year deadline, he has no problem.
With a stable platform for releasing songs and not being controlled by others, he can concentrate on showing all the good songs in his mind.
"Mr. Zhou, set a time and tell me, I will go to Beijing on time."
Finally, he said.
Thank you Michiyo for rewarding 500 starting coins.I have to go out in the afternoon, and the update at 5 o'clock in the evening may be postponed to 7 o'clock.thank you all.
(End of this chapter)
Zhou Huaiyong frowned and said, "Boss Lin, I'll just say it straight."
"Of course, Mr. Zhou, please tell me."
Lin Weixiong continued to laugh.
"In the last negotiation, Jingting Music occupied about ten points of market share, but now, this data has increased to more than fifteen points."
Zhou Huaiyong paused, "If Weilin's current valuation is still the same as before, I don't think there is any need for us to talk."
Last time, the valuation given by Weilin Capital was 5000 million, but he rejected it.
Now that the situation has changed, the valuation will only be higher. If the other party does not have this sincerity, there is really no need to continue the negotiation.
Lin Weixiong put away his smile and said sternly: "Then what is Mr. Zhou's expectation?"
"Eighty million."
Zhou Huaiyong said directly.
The last time he quoted [-] million to the other party, this time Jing Ting's situation is much better than before, and the valuation must be improved.
"Boss Zhou is too optimistic. You know, although Jingting has been on a good run recently, it will be very difficult to improve in the future."
Lin Weixiong frowned and said, "Also, there should be a shortage of funds for Jingting, and Mr. Zhou's expectations are too high."
Zhou Huaiyong smiled and said: "Jing Ting has grown from 0 to the current [-] points. During this period, it has experienced many promotions and plans, and also fought two song wars with KK. The platform still has a good room for growth. I have that confidence."
"As for the funds... there are indeed some shortages."
He took a sip and continued, "But even if the financing fails, we still have other solutions. Mr. Lin may not believe this, but it is the truth."
Thinking of this, Zhou Huaiyong felt a little emotional.
He really has no money, but Lu Xin has money.
The two competitions with KK's songs were said to be due to Jing Ting, but it is actually better to say that Lu Xin defeated the opponent with his own strength.
Because although the platform has made some efforts, if the song is not good, everything is useless.
The sales of these songs, whether they are nursery rhymes or later love song duets, are terribly high.
Zhou Huaiyong roughly estimated that the two released songs alone had already brought Lu Xin tens of millions of dollars in revenue.
If it can't last in the end, Lu Xin can also make additional investment to obtain funds.
But in that case, Lu Xin's shareholding ratio will increase, while his own will decrease. Zhou Huaiyong actually doesn't want to see such a situation happen.
Of course, so far, he and Lu Xin have been very happy to cooperate. If they really want to do this, it is not unacceptable.
After all, Lu Xin is really not interested in participating in the company's management, and the existence of such a top creator is of great help to Jing Ting.
Not to mention anything else, the increase in the number of users brought to Jingting by the two fighting songs alone is visible to the naked eye.
"Mr. Zhou, since this is the case, let me tell the truth, [-] million is indeed too high, and [-] million I can go back and repay."
Lin Weixiong thought for a while and said, "But for the [-] million, we need to add a gambling contract and another condition."
Weilin Capital is optimistic about the music platform market, but for a long time, only KK has dominated, and they are not easy to start.
Later, with the addition of TT Music, the KK platform was under pressure, so they wanted to negotiate with KK and try to invest.
Unexpectedly, Jing Ting appeared again at this time.
Moreover, the growth is too fast, and it has gained a firm foothold in a short period of time.
The eyes of Weilin Capital were immediately attracted.
They also noticed the recent growth of Jingting and wanted to complete the investment as soon as possible.
[-] million is actually the highest price that Weilin headquarters can accept. Lin Weixiong originally didn't want to expose the bottom line so early, but judging by Zhou Huaiyong's attitude, the price is too low to continue the negotiation.
"On gambling?"
Zhou Huaiyong frowned, "I would also like to ask Mr. Lin to explain in detail how to bet against each other."
Lin Weixiong said with a smile: "It's very simple. The Jingting platform is valued at 20.00 million yuan, and Weilin Capital will take [-]% of the shares. But there is a prerequisite, that is, we have a growth plan."
"If Jingting's market share can increase to [-] points within a year, then the contract mentioned earlier will be considered fulfilled."
He continued, "But if the promotion plan cannot be completed, then one year later, Jingting will still accept Weilin Capital's ten-point shareholding request at a valuation of [-] million."
In the last negotiation, the valuation did not reach an agreement on the one hand, and the more important aspect was the dispute between the two parties on the shareholding ratio.
Zhou Huaiyong only agreed with Weilin Capital to take 20.00% of the shares, but Weilin Capital asked for 30.00% of the shares.
In the end, the two sides failed to negotiate.
Zhou Huaiyong pondered for a moment, then said: "I agree with this in principle, but I need to discuss it with another shareholder. If he agrees, it will be fine."
He proposed an estimate of [-] million, and there is naturally room for adjustment in expectations.
The words of [-] million are acceptable within his psychological range.
In fact, the negotiation is like this. I will not talk about the previous trials. This time, if both parties are willing to reach a cooperation, it will be easy to succeed.
Although Lin Weixiong said he would go back and report, Zhou Huaiyong knew that he should be able to make the decision. After all, Lin Weijie, the founder of Weilin Capital, was his elder brother.
As for the growth plan, Zhou Huaiyong is confident that it can be completed.
He asked, "What does the other condition refer to specifically?"
"It's the other shareholder Mr. Zhou mentioned, is it Lu Xin?"
Lin Weixiong smiled, "I don't know how the shares between Mr. Zhou and you are distributed, but Weilin Capital requires that Lu Xin cannot quit Jingting Music within three years."
"To be honest, Mr. Zhou has found a good partner."
If it weren't for Lu Xin's recent strong performance, winning four major albums on the song twice by himself, Weilin Capital would not have agreed to raise the valuation so readily.
They estimated that Lu Xin's influence in the music scene, as well as his own growth, cannot be measured by money.
Because no one can predict where his ceiling is.
Zhou Huaiyong nodded, "Okay, I don't think Mr. Lu will refuse this point."
Lu Xin accounted for 40.00% of the shares, and in this financing, he may also spend money to maintain the proportion. He should agree to the request not to withdraw for three years.
"Then, I'll go back and hope that we can formally sign the contract next time we meet."
Lin Weixiong said with a smile, "At that time, Mr. Zhou will also call Mr. Lu, and our whole family will be his fans."
"it is good."
The two stood up and shook hands.
When receiving a call from Zhou Huaiyong, Lu Xin was writing the arrangement for "Laughing in the Red Dust".
Although Tang Litao said that it would be fine to come out in two months, there must always be preparations in case the song needs to be changed.
He thought about it and agreed to the request of the capital side relayed by Zhou Huaiyong.
From [-] points to [-] percentage points, it should be able to be completed in one year.
After all, within a few months of its creation, Jingting has grown from 0 to [-] points.
As for the three-year deadline, he has no problem.
With a stable platform for releasing songs and not being controlled by others, he can concentrate on showing all the good songs in his mind.
"Mr. Zhou, set a time and tell me, I will go to Beijing on time."
Finally, he said.
Thank you Michiyo for rewarding 500 starting coins.I have to go out in the afternoon, and the update at 5 o'clock in the evening may be postponed to 7 o'clock.thank you all.
(End of this chapter)
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