Chapter 103 My money isn't any less than theirs.
Chapter 103 My money isn't any less than theirs.
Chapter 103 My money isn't any less than theirs.
Wang Sicong.
The name had barely flashed through Ren Pingsheng's mind when the other person plopped down and grabbed the beer in front of Lin Gengxin, taking a swig.
"Damn, why isn't it cold anymore?"
Lin Gengxin snatched it back, wiped the bottle opening with an annoyance, and said, "Go get it yourself if you want it cold."
After saying that, he pointed to Ren Pingsheng with his chin, "I've mentioned him to you, the director of 'Old Boys,' my brother Sheng."
Then, pointing to the opposite side, he said, "This guy's surname is Wang, the foolish son of the Wanda boss."
The introduction was rather rough.
Wang Sicong didn't seem to care, but he tilted his head at Ren Pingsheng and said, "Oh, you directed 'Old Boy'?"
"Have you seen it?"
"I didn't watch the whole thing. I don't really watch those tearjerker stuff," Wang Sicong waved to the shopkeeper for two more bottles of ice-cold beer. "But I know it's really popular online lately, it's everywhere."
Ren Pingsheng smiled but didn't reply.
The current Wang Sicong has a very different demeanor from the extravagant "national husband" he will be portrayed in the media a few years later.
"How did you two meet?" Ren Pingsheng turned to ask Lin Gengxin.
"We met while playing games," Lin Gengxin shrugged. "Just recently, we were matched together for several games in a row, and then..."
""
"Then I found out this bastard is a total jerk," Wang Sicong chimed in, "He screwed me over every time, so I got so angry that I challenged him to a fight."
Lin Gengxin slammed his hand on the table. "It's clearly you who didn't help me navigate."
"Why the hell should I help a guy who dies three times in ten minutes roam the map?"
"But you can't just go AFK! How are we supposed to play if you do?"
"We can't win even if we don't hang up, so we might as well start the next game sooner."
"you!"
The two began to analyze the game, spitting as they talked, neither giving an inch.
Ren Pingsheng didn't interrupt, just listened to their back-and-forth banter, finding the scene inexplicably funny.
After arguing for a while, the topic naturally drifted off.
The owner brought over the newly added dishes, and Wang Sicong casually grabbed a skewer, took a bite, chewed it a couple of times, and then frowned.
"It tastes awful."
Lin Gengxin rolled his eyes. "As long as you don't starve, that's fine. It's only thirty yuan a bunch of skewers. What more do you want to eat?"
""
"Honestly, there isn't a single place on this street that's even worth eating at."
"So you come every time I call you?"
"I'm just bored," Wang Sicong said matter-of-factly.
Lin Gengxin scoffed, "If you're so free, go back and inherit the family business. Wasn't your family's movie theater number one in the country last year? Why don't you go back and take over? Why are you just sitting here?"
Ren Pingsheng pricked up his ears.
Wang Sicong twirled the lighter on the table, and his lips twitched slightly.
"I don't want to."
Three words, light and airy, yet with a certain stubbornness.
"I told my dad I didn't want to keep up the business for him."
Lin Gengxin clicked his tongue twice. "Awesome. So what are you planning to do?"
"I'm doing my own investing. I just registered a company to work in venture capital."
"Did your dad agree?"
"It took some effort," Wang Sicong said with a subtle expression, "but after failing twice, I have to go back to work."
"Only twice?" Lin Gengxin exclaimed in surprise.
"That's fine, it's better than having your life all planned out for you."
After these words were spoken, there was a brief silence at the table.
Ren Pingsheng silently took a sip of wine; he admired Wang Jianlin's boldness.
Older generations of entrepreneurs are eager to ensure their sons are firmly in the position of successor.
As we all know, during the economic boom, this young master had a good eye for opportunity, and his principal multiplied more than tenfold.
However, once those major scandals involving LeShi Sports exploded, even ten times the amount wouldn't be enough to cover the losses.
"So what have you voted for now?" Ren Pingsheng asked casually.
"Still looking," Wang Sicong said, twirling his lighter. "I'm more interested in the internet and gaming sectors, but there aren't many good projects."
He turned to look at Ren Pingsheng. "What, you want to raise funds too?"
Ren Pingsheng shook his head with a smile, "Tencent and Baidu are in talks, so it's probably too late to get in this round."
Wang Sicong raised an eyebrow. "Both families together?"
"Under discussion."
"What is your company's valuation?"
"I can't say about that."
"cut..."
He didn't ask any further questions.
Lin Gengxin chimed in from the side, "Brother Sheng's company has Tencent and Baidu investing in it, what are you doing, with your newly established small fund, getting involved?"
"Damn it, who the hell do you think you are?" Wang Sicong kicked Lin Gengxin's chair leg. "My money is no less than theirs."
That's absolutely right.
Don't underestimate him just because he's a young man now; behind him stands Wanda, the largest cinema chain giant in the country.
The three of them chatted for a while, and then finished their beer.
Wang Sicong glanced at his phone, stood up, said he had to leave, and added Ren Pingsheng on QQ before leaving.
"Boss Ren, don't forget me if you come across any good projects in the future."
Ren Pingsheng nodded, "Definitely."
Watching his figure disappear through the door, Lin Gengxin leaned over and said, "That guy's a nice guy, just stubborn. Last time I treated him to Japanese food, he said it wasn't even as good as the ramen from the street vendors, which made me really angry."
"Alright," Ren Pingsheng checked the time, "that's about it, I'm going back."
"No way," Lin Gengxin grabbed his arm, "Let's play a few more rounds? You finally came all the way to Shanghai, why don't you play all night?"
Ren Pingsheng rolled his eyes at him and pulled his arm back.
"You shouldn't be an actor anymore. Your brother Wang wants to invest in games, right? Let him invest so you can go pro."
He stood up, dusted off his pants, leaving Lin Gengxin looking resentful.
The next day, July 29th.
Ren Pingsheng embarked on the second stop of his trip to Shanghai: Gewara.com.
Just yesterday, Avatar, which had been running for three months, was taken off the screens, with its final box office figure set at 13.4 billion yuan.
13.4 billion!
This staggering figure not only broke the record for the highest-grossing film in Chinese history, but also demonstrated the power of Hollywood's industrial behemoth to the entire Chinese film and television industry.
In this frenzy, Guevara made a name for itself in online ticketing.
It's still the same office building, but the space next door has also become Guevara's office area.
Liu Yong pulled out a report and pushed it over: "127 million tickets were sold online, accounting for 4.4% of the total box office."
4.4%.
Ten years from now, this number will be insignificant.
But in an era when the vast majority of viewers were still queuing at the ticket window, it was like tearing a crack in the road.
With this opening, things will be much easier from here on out.
"We've surpassed 170 million registered users," he said, his tone completely different from a few months ago. "Three VCs approached me last week."
Ren Pingsheng knew very well that, riding the wave of Avatar's success, Guevara's valuation was skyrocketing.
"Congratulations, Mr. Liu. What are your plans for the future?"
Liu Yong thought for a moment, "First, we'll cover all the first-tier cities, then we'll move on to second-tier cities, but..."
He spread his hands helplessly, "But funds are still tight, the technical team needs to be expanded, and we need to negotiate with cinemas in various places one by one. Some cinema managers are stubborn and won't budge. The server also needs to be upgraded."
At this point, he gave a wry smile, "To be honest, the money is being burned faster than I expected. Although those few VCs are interested, the due diligence process will take at least two or three months, and we can't afford to wait that long."
Ren Pingsheng picked up his teacup and gently blew on the floating tea leaves. "Two or three months... the summer movie season is almost over, and these VCs love to stuff all sorts of random clauses into the agreements. By then, you won't have the final say on Guevara anymore."
Liu Yong's hand, which was about to pick up the cup, visibly stiffened, clearly indicating that his sensitive spot had been touched.
Ren Pingsheng put down his teacup, looked at him, and said, "President Liu, since you're short of money and don't trust venture capitalists, why not consider taking a clean strategic investment?"
"A clean investment? Whose?"
"mine."
Liu Yong suddenly raised his head and looked at Ren Pingsheng in disbelief.
Ren Pingsheng's expression was very serious, without the slightest hint of joking.
"Mr. Liu should be aware that Gewara's success this time is not only due to the effectiveness of its referral commission model, but also because of the traffic generated by 'Report to the Boss'."
"You're right," Liu Yong nodded, not denying it.
"The power of combining content and channels is much greater than doing them separately," Ren Pingsheng said, holding up one finger. "My investment in you is not just about providing funding. In the future, for every film produced by Shengping Vision, Gewara will be the exclusive ticketing partner and will receive priority promotion slots. For major theatrical releases during the summer, New Year's, and National Day holidays, I will help you develop user acquisition and traffic generation strategies."
He looked at Liu Yong and said, "A movie of Avatar's caliber, who knows when there will be another one? But if Gewara can be tied to a team that consistently produces hit content and gain a stable source of traffic, that's more important than getting a sum of money."
Liu Yong didn't rush to express his opinion. He wasn't the kind of person who would get carried away by empty promises, but Ren Pingsheng's logic really hit him where it hurt.
Guevara's current success is thanks to Avatar, with over 90% of its orders coming from this movie.
As the screening of this blockbuster movie came to an end, the number of new users on Gewara gradually declined.
This unhealthy structure, which relies heavily on a single blockbuster hit, is fatal to the platform.
What will fill the gap before the next blockbuster hits?
If there could be a stable channel to continuously drive traffic to the platform...
Liu Yong took a deep breath, raised his head, and said, "I appreciate President Ren's sincerity."
He extended his hand, saying, "I will definitely reserve a seat for you in Guevara's financing."
It's a deal.
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