I'm A Baller - Chapter 363
Chapter 363: High IQ Props
Back at Wangting Entertainment, Wang Yan went straight to talk to Ling Ya.
“You won’t be able to go Panda. Pick one from Tiger Tooth, Dragon Ball, and Battle Flag. Which one you prefer?”
Ling Ya was stunned, “You just said you wanted to sign the contract yesterday, but you changed your mind today?”
“Yes, the company may stop the cooperation with Panda completely.”
“Oh my…”
Ling Ya was not mentally prepared at all. She was completely lost but the little girl was smart by expressing her loyalty immediately.
“I’m fine with anything. I’ll listen to your arrangements and go wherever you instruct!”
Wang Yan nodded, “Then I’ll go and talk about the signing fee. You have to be mentally prepared. Those platforms probably won’t pay as much as 30 million.”
“Uh, the signing fee doesn’t really matter. But I feel that those platforms seem to be… Heyday, it doesn’t matter anymore. I’ll go wherever you say.”
Wang Yan understood Ling Ya’s concerns and reminded her, “You can’t work as a mukbang celebrity for a lifetime. You have to slowly switch to management. The company needs talent to grow but those three idiots can’t be counted on. You have to hold up.”
Ling Ya was immediately pumped up. She saluted and said, “I promise to complete the task!”
Done.
Then, Wang Yunxi would go for negotioations of changing the platform for the batch of live streamers who were originally chosen to go to Panda.
They were all rookies and easy to communicate with. They didn’t have any objections.
The company’s management were a little confused about this, but Wang Yan’s prestige was still there. Even if the other party was Wang Siming, no one questioned him.
The young master did not explain why he had made such a decision.
The main reason was that he did not want to put too much pressure on everyone. Not cooperating was one thing, but going against him was another.
Wang Siming was not scary, but thinking about Yida behind him, even a normal person would be intimidated.
However, they could tell the truth to Brother Xizi.
“We are two different models in the same industry. There is no way for Wangting Entertainment and Panda to compete directly. Therefore, if you want to take advantage of the other party, you have to seize Panda’s weakness and work on another battlefield. At the moment, what we can do is to lock up Panda’s new streamers traffic. Ling Ya and the new streamers are good seedlings with their own streams of traffic but we must not fund the enemy.”
Wang Yunxi nodded in agreement, “We are the biggest official guild in the industry and many streaming source was from us. Those small guilds at the moment can’t even farm two million traffic in a month. Without us, that fellow will not get any place further!”
“Yea. When we become bigger and occupy more than 50% of the industry’s official streaming traffic, it will be enough to affect the data of any platform.”
Trying to go public?
Without Wangting Entertainment’s streamers and streaming volume, I doubt seeing you go public!
It was not that Wang Yan was arrogant, but he did have that kind of strength.
He started early and became famous quickly. The current Wangting Entertainment was a well-known brand.
If the 100 or so signed streamers were included, it could be said that they were a special giant in the industry.
What did it mean to have more than 100 female streamers who had 90 points in looks, emotional intelligence, and were willing to work hard?
Each of them had the potential to become the backbone of the industry.
At this point of time, all the female streamers on the internet might not be able to beat Wangting Entertainment.
Originally, it was impossible for a weird company like Wangting Entertainment to exist according to the objective laws of normal things.
There were tens of thousands of part-time models in Beauty Ko and they were scattered all over the country. Their artistic photos were all very good, yet Beuty Ko didn’t allow anyone to post advertisements. So, how could you contact them?
If one didn’t poach these beauties from Beauty Ko, where would he find so many top-quality beauties?
No doubt there would be one or two top-quality beauties came to consult occasionally when the company spent a lot of money to create advertisements. But, what methods would one use to make them stay?
And why should they trust you and your company?
Things that Beauty Ko could not do on her own were handled by Wang Yan through some plug-in and a series of tactical operations.
To be fair, the current Wangting Entertainment could be said to be a big bug with its terrifying potential.
With so many top-notch beauties, even if they didn’t spend money on advertisements, they would still slowly gather fans and rise up.
What if they were willing to spend money?
Coincidentally, the creator of the bug wasn’t short of money.
Tens of millions of dollars were spent in a month for streaming volume had caused the entire industry to tremble.
Other rich people, even if they were given a hundred top-notch streamers for free, they wouldn’t spend money on promotion like that.
If the platform did not earn a single cent according to the most ideal situation, the guild would still be at a loss by spending 100 Yuan to get 100 Yuan in return.
At least 30% of the cost would be swallowed by two main taxes, corporate and personal income tax!
Spending 100 million a month, losing 30 million, that would be 360 million a year!
What about other costs?
After three years of going public, 3 billion would not be enough to make up the loss at the best scenario.
Some people thought of making full use of the investors’ money to manage and expand the company, but if one did not have a good profit model, why would they invest in him?
Even going public succeed after much hard work, but if the investors did not approve it and it ended up not making a fortune, the company would still be at loss.
In short, it was very difficult.
However, Wang Yan was not afraid. Money came in short would burst anyway. He would use every dollar to earn another dollar.
Those taxes would be paid to the government to protect the national construction funds. As long as he could get a reasonable and legal income, what was the loss?
For Wang Yan, the routine that others could not play was a tailor-made golden career.
Afterall, every step he took would be decided by the heaven.
To put it in a more down-to-earth way: it was reasonable for the heaven’s son to spend every single cents.
When Wang Yan really started to be tycoon in the industry, it would be the day when the host and guests would switch position and other platforms would bow down to Wangting Entertainment.
Wang Yunxi was overwhelmed with emotions and asked excitedly, “Then, on Panda side, apart from banning them, should we do something else?”
Wang Yan suddenly remembered what Li Yixu had told him and fell into deep in thought.
Panda was formed by a grassroots team. They were in a hurry to get online but many of the staff were very thoughtful.
Unfortunately, Wang Siming only realized how messy their operations were now. It was a situation worth pondering when Wang Yan thought about it.
Could it be that there were shareholders trying to poach their own people?
“Go and find out about the ownership structure of Panda and get a better understanding of their director of operations. We’ll study it later and see if we can give their young master an eye-opener.”
Taking care of Panda was a long-term matter and could not be rushed.
Wang Yan was confident enough to flip Panda and shatter Young Master Wang’s dream of going public.
However, it was estimated that he could not hurt Wang Siming too much. Losing 300 to 500 million Yuan was like a normal office worker losing 3000 to 5000 Yuan for him. It did not make any real impact on him.
Unless… he thought of a way to trap Young Master Wang deeper.
Where should he start?
After pondering for a while, Wang Yan suddenly thought of the repurchase agreement and had an idea.
He immediately picked up a pen and paper and started writing and calculating.
Panda’s round A financing target was 500 to 100 million Yuan. Round B should be a little more to continue inflate its valuation.
If everything went smoothly, there would be round C and then the IPO would start.
If it didn’t go smoothly, there might not be round C.
Without round C, Panda would have to take on at least 1.5 billion Yuan of guaranteed debt. Based on a 3-year calculation with annualized interest rate of 12%, the final amount would be around 2 billion Yuan.
Crushing Panda and asking his father to fork out 2 billion Yuan to buy back the shares, wouldn’t that be enough to hurt Young Master Wang?!
If it was a little more ruthless, he might as well think of a way to push for round C financing by adding another 2 billion Yuan to the principal…
F*ck!
A debt of nearly 5 billion Yuan, one slap would be enough to paralyze him!
Just thinking about it hurt.
Eh? Wait!
If the plan was brought further, would it be possible to take down a billion-dollar Yida Plaza or a city by then?
The main factor was the 12% annualized interest rate was not stimulating enough. If he could get a betting agreement of more than 50%, 1 billion Yuan would become 2.2 billion Yuan in two years. It would be enough to exchange for a plaza.
Paying off debts was different from buying. The discount would be very high. It would be a marvelous bargain.
What the heck!
If the plan succeed, they could use plaza to do a big cultural and entertainment project related to live streaming and internet celebrities. Relying on their own online streamers to uphold this event in full force, it would probably cause waves of popularity and profits!
Normally, successful businessmen would pick a auspicious day and have a large-scale celebration!
If Tmall could have double 11 and double 12, why couldn’t they organize double 6 or double 8?
They would directly suppress the carnivals on all the platforms and make it the world’s largest Internet celebrity festival!
After that, they could take everyone to a small island in the Pacific Ocean and hold a celebration party. The sunny beach would be filled with bikinis. Out of thousands of top beauties and hundreds of crooked male streamers, Wang Yan would be the most charming prince!
The banquet could last for three days. Please, carry the boss onto the plane…
Cough… Cough!
When the time come, one would definitely have to drink less and eat more vegetables. It was not that he was afraid of getting drunk and screwing around, but getting drunk would hurt his body badly.
…
Wang Yan had already thought of three years later.
In fact, this was a kind of ability to lay out a plan. Only by setting a general goal could he properly weigh the pros and cons and use his strength with ease.
From drifting along the crowd at the beginning to current strategy, Wang Yan had grown very fast and was becoming more and more like a devil.
The only problem now was – how could he dig such a deep hole?
Wang Yan did not need to intervene in round A and round B. The Young Master would do it himself. However, once the situation turned bad, no matter how stupid a person was, they would not continue to sign the round C repurchase guarantee agreement. They would definitely be in a hurry to find someone to take over!
How could I trap you… Uh, should I help you?
Wang Yan pondered for a long time but he still could not think of a way.
There was too little information, too many variables and it was still a long way for the incident to take place. It was indeed difficult to act for the time being.
Alright, he should put it on hold for now!
He would treat it as a long-term goal and take it slowly.
Anyway, Wang Yan’s idea was set – when the time was ripe, he would take revenge on both old and new grudges, and then eat a belly full of fat!
…
After settling all the urgent matters at hand, Wang Yan finally had time to look at the reward.
When he was full of anger just now, he had drunk a cup of wine and there was a reward notification, but he did not know if it was related to the matter at hand?
He opened the system with full anticipation.
[Wang Siming’s undisguised insult made you burn with anger. When you drank that cup of wine, you silently swore in your heart: What was given today will be returned in the future!]
[You’ve activated a secret reward as you were agitated.]
[Revenge Notebook]
[A one-time special item.]
A notebook floated in the system’s toolbox. It could actually be taken out and materialized.
Other than the large earthworm incubator, this was the second item that could exist in the real world.
Wang Yan curiously took out the notebook and opened it. There were only three pages in the thin notebook.
[You need to write down the name of the target of revenge on the first page. ]
Wang Yan opened the first page and wrote down Wang Siming solemnly.
[You can write down three questions related to the target on the second page. The notebook will automatically show the correct answers.]
[However, whether you can get the key information is a great test of your wisdom.]
[Please write down the results you hope to achieve on the third page.]
[When the goal is completed, the notebook will disappear and you will be given an additional reward according to the degree of completion of the goal.]
[Note: The duration of this item is permanent. The only basis for receiving the reward is the goal that you write down.]
What a strong reward!
Once those three questions were asked correctly, valuable information would be obtained.
However, once the questions were not asked correctly, it would be useless.
What a high IQ prop prepared for intelligent people with high IQ. Interesting, Wang Yan liked it!
As for the target of revenge…
It was very simple. It should be where did it start and it should end due to the cause.
Wang Yan wrote a line of regular script – Panda go bankrupt and Wang Siming loses everything.
It was not a life-and-death revenge and there should be a limit to the revenge.
In fact, even if he could dig out five billion Yuan, it still would not hurt Yida’s foundation. It was just a small lesson that Wang Yan wanted to teach Young Master Wang.
He was just a whetstone on the road to growth. That was all.
…
Li Yixu had never expected that Wang Yan would scheme to such an extent, even though he had leaked some insider information in order to express his goodwill.
Normal people wouldn’t dare to have such thoughts.
In fact, Li Yixu was still very confident in Panda’s listing in the future.
The current live broadcast industry was a pure land. Panda had money, connections, and face. Wasn’t success a matter of course?
After lunch with Wang Siming, they went to the sauna in the afternoon.
After having enough fun, Li Yixu finally brought up today’s matter.
“I understand.”
Wang Siming waved his hand, “Tomorrow, I’ll have Mr Shi communicate with Wangting Entertainment. I’ve raised the conditions by two percents.”
Li Yixu felt slightly relieved.
Then, the next day, he received a piece of bad news – Wangting Entertainment had completely stopped the negotiations with Panda.
Wang Siming smashed a cell phone and went to the living room to find a new one. After he installed the SIM card, he called Mr Shi.
“Continue the negotiations! Let’s see what that idiot wants! Also, activate the backup plan. If it doesn’t work, we’ll poach Rabbit or Waiter Black!”
What Wang Yan wanted, Young Master Wang could not afford to give.
Two days later, Tiger Tooth announced in a high-profile manner that they had signed a contract with the famous mukbang internet celebrity, Da Gang and the signing fee was 60 million Yuan for two years.
The next day, Dragon Ball officially announced that they had signed a contract with Ling Ya, and the contract fee was 70 millian Yuan for two years.
In reality, it was 20 million Yuan in cash plus various invisibility clauses for Da Gang while Ling Ya’s contract was 25 million Yuan in cash plus invisibility clauses.
For a time, the industry was in an uproar and there was no end to the discussions.
Mr Chen of Fish flew to Shanghai on purpose to meet with Wang Yan. Then, he pinched his nose and raised the new contract signing fees for Mi Zi and Ah Dai.
At the same time, the first batch of Wangting Entertainment’s killing machines, the model army that had already met the requirements for live streaming also entered the live streaming platforms one after another.
Not to mention the big platforms like Fish, Tiger Tooth, Dragon Ball, and Battle Flag, the remaining small platforms were also in the midst of intense preparations.
Once the east wind blew, thousands of silver flowers would bloom overnight.
Wang Siming changed another set of furniture and only a few people knew the reason.
In the midst of all the dissension, it was now November 13th. Another major event had attracted all of Wang Yan’s attention.
The auction for the 17th and 18th floors of Sunrise Building would end today.
As long as he successfully bought it, his assets would increase by more than 10 times and the system would be upgraded immediately!
