Chapter 293: Layout of Online Ticket Purchase

Chapter 293: Layout of Online Ticket Purchase

Chapter 293: Layout of Online Ticket Purchase
“There’s a saying in the venture capital industry that investing in a project is investing in people.”

In the conference room, the atmosphere became relaxed at a visibly fast speed because of Wang Hao's "OK".

“I don’t know how other investors make their choices, but when I invest, the first thing I look at is whether the founder has the same ideas as me.”

Wang Hao looked at Liu Yong and said with a smile:

"If you couldn't handle the pressure just now and really followed what I said and wanted to change the business philosophy of your company, then I would have to consider the 500 million I invested earlier as a waste of money."

"Mr. Wang, what do you mean?" Liu Yong was a little confused and asked tentatively, "Do you still plan to continue investing in our Gewara Network?"

Wang Hao did not give an answer immediately. Instead, he changed the subject and started talking about his original entrepreneurial philosophy and dreams.

“I still remember the first time I became interested in movies was after watching George Lucas’s Star Wars. At that time, I became curious about movies and yearned for those fantasy worlds.

Later, I was admitted to the Shanghai Film Academy, where I also studied directing.

Unlike others, I am not very interested in so-called art films. On the contrary, I like science fiction films very much.

Perhaps influenced by Star Wars, I also want to make a science fiction movie of the Chinese people, a cosmic epic about the Chinese people flying into space.

It’s just that shooting a science fiction movie in China is more difficult than shooting an art film and winning awards overseas…”

"We were just starting out at that time, but we found that there weren't many conditions for shooting science fiction films in China, so we had to solve all the problems ourselves..."

"We actually felt pretty good at the time. After all, in the whole of China, perhaps only our team could make a science fiction film. This is unique.

However, when we arrived in Hollywood and visited Columbia Pictures, we realized that we were the frogs at the bottom of the well.

What does it mean to just make a good science fiction movie? Hollywood has a complete set of film industrialization processes. Their management model, production process, shooting equipment, special effects technology... etc., almost crush us..."

"In the past few years, we have been introducing various new technologies and equipment from Hollywood, and have arranged for our staff to visit, study and receive training in Hollywood in turn. This has never been interrupted, and a lot of our profits have been invested in this..."

……

Liu Yong and his entrepreneurial team are mostly literary young people who love movies. Otherwise, they would not have been able to create a literary website like Gewara Life Network and missed so many development opportunities.

So when they heard Wang Hao talk about his film career, they were shocked and extremely impressed.

This was also the first time that they got to know their investors so well, and the first time they knew how much effort and hardship the Galaxy Group had put in on the road to the industrialization of China's film industry.

And this love for movies is exactly the same as theirs.

Liu Yong couldn't help but feel like a close friend to Wang Hao, "Boss Wang, you guys... I didn't expect Galaxy Pictures to have invested so much in China's film industry!"

"These are just our duties as Chinese filmmakers," Wang Hao waved his hand and said, "So do you understand why I still want to support you and your Guevara Life Network?"

Liu Yong thought for a moment and came up with the answer, "Is it because we all have a deep love for Chinese films?"

"That's right," Wang Hao nodded, "In fact, in my opinion, those questions about the moat that I just asked you are not problems at all."

"No moat? Galaxy Pictures is your moat!
No matter how much money or talent those Internet companies have, as long as they want to get involved in this field, they cannot bypass our Galaxy Group.

Having our support should be your greatest confidence in development! "

Wang Hao's words were firm, resolute, and filled with confidence.

In today's Chinese film and television industry, the Galaxy Group has become as powerful as a tiger in the mountains and a dragon in the sea.

Whether it is the copyrights of films, TV series and novels that he has accumulated or the [Galaxy Cinematic Universe], they are all unique.

What is a moat? This is the moat!

What are industry barriers? This is the industry barrier!

As for what Wang Hao said to Liu Yong, he meant it sincerely.

These idealists may be naive and cute, or may not be suitable for business competition, but who stipulates that only one path is the right choice?
Just like Yu Donglai, the entrepreneur he admired very much in his previous life, his Pang Donglai Supermarket distributed a large amount of profits to the employees below. There was no exploitation, no overtime, and no attempt to make the last penny, but he still managed to run his business prosperously.

Those supermarkets that followed the market competition system and expanded rapidly ended up in a mess.

Wang Hao likes to cooperate with such simple and idealistic people, likes to be friends with them and work together for a common cause.

At least by being with like-minded people and working with people who have the same dreams, he and his company will not stray too far from corporate culture and original intentions in the future.

Like what happened to Ma Ali, his original intention was to make “no business is difficult in the world”, but ended up making “no business is easy in the world”, which is not what he wanted to see.

"Thank you, thank you Mr. Wang for your understanding!"

Liu Yong kept thanking him, because of what Wang Hao had just done, his eyes were already filled with tears and he seemed almost crying.

The biggest problem on the road to entrepreneurship is uncertainty about the road ahead. It’s like walking in a dark forest and you don’t know what’s waiting for you.

When establishing the Guevara Life Network, there were people who raised the same questions as Wang Hao, and there were also people who advised him.

Therefore, when one meets a friend like Wang Hao who understands him, comprehends him and supports him, he will be particularly moved.

In other words, the ancient ways are no longer popular nowadays, otherwise Liu Yong would have to surrender to a wise leader, kneel down and say, "If you don't abandon me, I am willing to be your running dog."

Of course, even so, Liu Yong has great trust in Wang Hao, his confidant and investor.

So he listened to every word Wang Hao said next and kept it in mind.

“Very good, now that we have reached a consensus, let’s continue to talk about the future development and financing of Gewara.net.

First of all, it is a question of development direction. As I said before, the Internet is developing very rapidly. Mr. Liu, you don’t have much time left. It is imperative to expand rapidly and seize the market! "

Liu Yong did not refute him this time and continued to listen patiently.

“And think carefully, there is no irreconcilable contradiction between quickly occupying the market and improving user experience and service quality. The two can go hand in hand. As long as the funds and manpower are in place, you can improve the network and send people to promote the market in other cities.

So in the final analysis, it's still a question of money.

In the next round of B financing, Spark Capital will inject 5000 million into Gewara Life Network to acquire 40% of the website’s shares.”

5000 million, 40% of the shares, that means Spark Capital’s valuation of Gewara Life Network has reached 1.2 million.

This amount has quadrupled compared to the 3000 million valuation of Gewara Life Network during its Series A financing last year.

It's just 40% of the shares, which is already a very dangerous number. With a few more rounds of financing in the future, it is possible that the actual controller of Gewara Life Network will become Spark Capital.

If this happened in the future, those bosses who went public just to sell their companies would probably wake up laughing in their sleep.

But now, Liu Yong has no intention of selling the website.

However, at this moment he was not worried at all that the other party had any bad intentions. This was the positive impact brought about by Wang Hao's previous round of operations. At least at this moment, Liu Yong's trust in him had reached its maximum.

So Liu Yong did not refuse immediately, but waited for Wang Hao's next words.

"The reason why we need so many shares is that in addition to the 5000 million, our Galaxy Group will also provide other assistance to Gewara Life Network."

As expected, Wang Hao did not disappoint him and continued to give him several benefits.

"First of all, we have a good relationship with the Magic Shadow Group in Shanghai. They also have certain cinema resources in Shanghai. We can talk to them about this and let Gewara Life Network completely occupy the Shanghai market as soon as possible.

Secondly, we also have cooperative relationships with Wanda Group and Huaying, and we can also help Gewara Life Network connect with their cinema chains.

Then in terms of ticket sources, our Galaxy Pictures itself is the most outstanding content producer in China. Not only does it have big sci-fi IPs such as [Galaxy Cinematic Universe], but it also participates in the investment and production of more than ten hit movies every year.

With our help, Gewara Life Network will be able to participate in the promotion of these movies and gain access to better ticket sources.”

Compared with the 5000 million, the two conditions given by Wang Hao are not less valuable.

After all, sometimes even if you are carrying a pig's head, you may not know which temple to worship.

The Chinese film and television industry is neither small nor big. With Wang Hao's current connections, he has people in both the Beijing and Shanghai circles. Magic Film, Beijing Film, Huayi, and Eagle King all have to give him face.

As long as Gewara Life Network can connect with these companies and take over their resources, its subsequent development can be said to be on a fast track.

As long as the money is in place, we should be able to occupy 80% of the online ticketing market in mainland China within a year.

If they are given another one or two years to consolidate, not to mention Meituan, even Tencent and Alibaba will have to think twice before entering the market.

So sometimes financing is not just about raising money, it is also about raising connections.

Faced with Wang Hao's words, Liu Yong was very tempted even if he had to give up 40% of the shares of Gewara Life Network.

The key point is that through Wang Hao’s introduction just now, he knew that Wang Hao was also a movie lover and was devoted to the industrial development of Chinese films.

This kind of person, even if he really swallowed up the Guevara Life Network, would not be a problem.

What's more, given his character, he may not completely take over Guevara Life Network.

So after just a moment's hesitation, Liu Yong agreed to Wang Hao's arrangement for this round of B financing. At this point, the two companies have reached a deeper cooperation.

After the contract was signed, Wang Hao immediately fulfilled his promise. He first made a phone call to Shanghai and told Mo Ying about the Guevara Life Network.

Then he organized a drinking party and called out Wang Zhonglei from Huayi, and facilitated the cooperation between Huayi and Guevara Life Network over the table.

As for Wanda, the current scale of Gewara Life Network is not large enough, and the market is mainly in Shanghai and its surrounding areas, so there is no need to rush to approach them.

Of course, even if there are only two partners, Moying and Huayi, it is enough to make the future development of Gewara Life Network smooth.

Not to mention the 5000 million invested by Spark Capital. With these, according to Liu Yong, he is confident that Gewara Life Network will occupy the entire East China online ticket booking market this year.

Wang Hao also expressed his anticipation for this, but when seeing Liu Yong and others off, he still made another suggestion.

"Mr. Liu, generally speaking, when naming an Internet website, simplicity and ease of remembering are the first priority. Although the name of Gewara Life Network has a profound meaning, it is indeed not conducive to mass dissemination."

"Does Mr. Wang have any good suggestions?" Liu Yong was not angry because of Wang Hao's suggestion, and asked humbly.

Wang Hao smiled slightly and gave a name that he had already thought of.

"I think it's better to call it 'Tao Piao.com'."

"Taopiao.com? What a great name!"

While repeating the name, Liu Yong and Wang Hao held hands tightly and shook them vigorously.

"We will start changing the name of the website after we return. When the time comes, please come to our place more often to give us guidance."

"Easy to say, easy to say."

Wang Hao smiled and saw Liu Yong and his party off. The layout of the online ticket purchasing platform has come to a temporary end. It all depends on their own development. The Galaxy Group has its own business to deal with.

As for what it is about, the personal origin movie "Shock Wave", the villain "Battery" in "Wolf Warrior", has been prepared and is officially ready to start shooting after the project was approved.

The director of the film is Zhuang Wenqiang, who is the best at making Hong Kong films in the Galaxy Group. Wang Hao is the producer. As for the leading actors, one is Zhang Jiahui who plays "Explosion" and the other is Ren Xianqi who plays Gao Shang.

The launch conference was scheduled in Hong Kong, and Wang Hao also arrived at the scene that day. After watching the crew start work, he was invited to visit the villa of Eagle King boss Yang for a small gathering before returning to Beijing.

It is now July, and the first trailer of "Wolf Warrior" has finally been launched on major Internet platforms amid the anticipation of the majority of movie fans.

(End of this chapter)