Chapter 681 The Dream That Was Intercepted

Chapter 681 The Dream That Was Intercepted

A number of incubated projects are growing in scale.

There is no need to say much about the mainland and international versions of Penguin Weibo. Tudou's market share in the mainland still exceeds 85%.

Since Fan Wumian bought out a batch of online copyrights in advance, it was difficult for other competitors to develop, not to mention that several satellite TV stations, including CCTV, had become shareholders of Tudou.com and continuously provided him with sources for new dramas.

Tudou.com has developed well in the mainland, and has gradually opened up the market and formed scale in Hong Kong, Macao, Taiwan, Japan, South Korea, Southeast Asia and other places.

Although the price of purchasing copyrights in overseas markets is high, the membership fees are also much higher than those in the mainland. Overall, although there is no hope of turning losses into profits in the short term, it is very helpful for Tudou to increase its valuation.

Some time ago, several evaluation agencies gave Tudou a valuation of US$5 million to US$6 million. Representatives of SoftBank Group also contacted Tudou to inquire when it would start a new round of financing.

This shows that venture capital institutions in the market also recognize the valuation offered to Tudou.com.

The main reason is that this company not only has a rapid user growth, but also a continuously increasing revenue. As the network starts to speed up, its business prospects are full of room for imagination.

The most troublesome problem for Fan Wumian at present is the rampant pirated and infringing websites. The legal department has even considered suing the major search engine platforms, accusing them of failing to supervise properly and damaging their own interests.

However, such methods are only temporary solutions and do not address the root cause. Fan Wumian believes that we should start with service and the quality of film sources in order to win the support of some consumers.

After all, from another perspective, even if Tudou.com takes drastic measures to rectify the infringement chaos, there is also the possibility that others will take advantage of it. Now that there is no money to be made by running a video website, it may scare off many investors who try to enter this field.

When the industry gets on the right track in the future, as long as Tudou's market share is high enough, it will be able to make back its investment sooner or later with profit. Therefore, Fan Wumian only chooses to target some large platforms that are about to form scale and have the opportunity to threaten Tudou, while he sits idle on many small and medium-sized platforms.

Anyway, the network transmission speed has not been improved on a large scale. Even if Tudou.com tries too hard, it will be difficult to earn much profit. Maintaining market share is the most important thing at the moment.

Also.

Hengdian Wanxian Film and Television Group, which has jointly invested with Wanda President Wang and Hengdian, has selected hundreds of venues in one go to build a new generation of cinema chain.

Its advertising and film and television businesses also developed rapidly, with Fan Wumian occasionally taking time to oversee them. It has invested in more than a dozen film and television dramas with good potential.

The rate of return on this project is average, and Fan Wumian does not regret only holding a partial stake.

In contrast, WM Rogers Hedge Fund Company, which opened on Wall Street, not only has private equity funds targeting the subprime mortgage market, but also has created three other types of private equity fund products covering the Internet, semiconductor and consumer sectors.

The three private equity funds have raised more than 4 million U.S. dollars so far. Most of their clients are Asians. They have invested heavily in many companies including ASML, Amazon, Apple, Google, and Qualcomm. Since they are using their clients’ funds to make money for themselves, the future rate of return should be quite good.
After attending a meeting at the Hong Kong City Penguin Group branch, Fan Wumian learned more about the situation of going long on Apple shares.

During this period, he used approximately US$1.7 million to build a long position with a total size of nearly US$19 billion, quietly buying call option contracts and Apple shares through individual stock options and margin trading.

Half a year has passed since I attended the Apple conference, and I finally got the good news that the first generation iPhone will be on sale soon. Although Fan Wumian thinks this phone is rubbish, compared with other point-and-shoot phones, it is at least a leap forward.

It’s a pity that the first generation iPhone was bundled with an American telecommunications operator, which limited the market size. Coupled with the high price and lack of entertainment, Fan Wumian was not optimistic about the sales prospects of this phone, so he was once again ready to make a quick buck and run.

At the same time, he was also eyeing the pot while eating from the bowl, planning to wait until the App Store came out, then make a comeback and continue to go long, and by the way, lay out some hot Internet fields in advance, such as mobile game manufacturers, online shopping, and social platforms.

If you save more money now, you will have more money on hand when you launch a new round of large-scale overseas investment in the future.

With the advantage brought by the information gap, Fan Wumian has a rough understanding of the major trends in the next one or two years, and can easily seize the opportunity and soar into the wind.

The times are really good, and there are gold mines worth digging everywhere.

But occasionally, I come across some projects that, although they don’t make much money, can provide strong emotional value, such as Uncle Qian from Deyunshe.

I don't know if he drank too much, but around 8 o'clock in the evening, Uncle Qian suddenly called Fan Wumian and said:

"Mr. Fan, I know you are very capable. I have been in some trouble recently. I would like to talk to you about something. Is it convenient now?"

In the Repulse Bay mansion.

Glancing at Zuo Ziyan who was sitting next to him, Fan Wumian was worried about not being able to pay the full amount of public grain. He immediately replied after hearing this:

"If you have anything to ask, please tell me. I will definitely help you if I can. Since the beginning of the year, Deyun Society has been doing really good business. I see that branches have been opened in Lin'an and Chang'an. You have been very busy recently. Next time I go to Yanjing, I will treat you to a meal when I have time."

Uncle Qian replied:
"Mr. Fan, if you say so, then I really can't be polite. Actually, it's not a big deal. I just want to open a horse farm in the suburbs of Yanjing. I have already chosen the place. It is beautiful with beautiful mountains and clear waters, but I am still short of three or four million in investment funds."

"If it's a losing business, I definitely wouldn't dare to ask you, Mr. Fan. Horse riding is very popular among rich people now, and I can take my children out to play on weekends. I can't say how much money I can make, but at least I won't lose money. When the time comes, I can help others raise horses, build some wooden houses for people to stay in and barbecue, and the business should be good."

"At the end of March, I took my wife to Taiwan for a trip. There was a parent-child paradise tourist farm there with lush green grass, sheep, deer and other small animals. I gave them some carrots and they all gathered around. It felt pretty good."

It has long been known that Uncle Qian likes to raise horses. Fan Wumian has also read the news that his horse farm was demolished and he received 4 million yuan in compensation.

Although it was later clarified that the amount was not as much as 4 million RMB, the racecourse is so large and located in the suburbs of Yanjing, so it is estimated that the relocation compensation will not be too low.

Hear the words.

Fan Wumian replied without saying anything:
"Sure. I think if we're going to do it, we should make the horse farm more beautiful, like a zoo, and charge admission."

"I should live in Yanjing more often in the future. I happen to have two Saker Falcons that I don't have a place to keep. It would be nice to have a place to spend my vacation and relax."

"Well, let's do this. I'm going to Yanjing for a concert in two weeks. Let's go on a field trip and talk about raising some animals that children like, such as mini horses, mini donkeys, mini cows, and red pandas."

"."

It doesn't cost much money and you can have some fun at the same time. This kind of small investment project seems very good to Fan Wumian.

Uncle Qian was happy, but said in a dazed tone:
"Miniature horses, miniature donkeys? I've never heard of these things. Mr. Fan is very knowledgeable. I'll make some preparations recently and then wait for your visit in Yanjing."

Fan Wumian replied: "Okay, where is the exact location of the place we chose before?"

"It's in the suburbs of southern Beijing, a little remote, but some things are readily available, and I should be able to find a better place, but I don't have the money, otherwise, Mr. Fan, can you take another look?"

After hearing what Fan Wumian said, Uncle Qian probably thought that he didn't care about such a small fight, so he gave him the choice.

Fan Wumian didn't hesitate to reply:
"I think it would be better to choose a place near the airport highway, or around the Olympic Village. When Yanjing becomes bigger, maybe we can get compensation for demolition. Besides, if the location is too remote, tourists may not necessarily go there to play. It would be better if the transportation is more convenient."

Uncle Qian was speechless, feeling as if his dream had been snatched away by Fan Wumian.

But it is true that Fan Wumian's considerations are more thorough. Uncle Qian continued:

"Okay, if we want to cooperate, you will be the major investor, so I have to respect your opinion. I have no problem with that." (End of this chapter)