Han Lie and Peng Hu had, at most, reached a preliminary agreent.
The specific content was—
Han Lie would give Peng Hu a minimum of 100 million in private equity funds and guarantee a 20% annual return for three years, while Peng Hu would use his personal connections to bring Han Lie into various internal investnts.
Pretty vague, right?
That’s exactly right.
What reliable investnt opportunities the venture innovation fund under Wen Guang Group had, even Peng Hu himself wasn’t clear.
When Old Peng discussed this with Han Lie, it was like he was laying his heart bare.
"Mr. Han, don’t think too highly of Wen Guang Group. The good projects we can incubate aren’t necessarily that abundant, and this matter can only be left to ti.
But don’t underestimate Su Xiao either. That elusive film company he’s got is most valuable not for its background and connections, but for the team itself.
Old Su is a very capable leader and also possesses imnse personal charm.
I roughly know about four or five people who are set to join him—they are rare elites from our group. I’m not joking; they’re genuinely elite.
Even if Old Su didn’t bring a penny, just with this small team of four or five people to draw investnts, all well-known dostic film companies would give face, and a valuation of 300 million should be no problem, I believe.
Actually, Old Su hasn’t decided yet which backer’s money to take. This also has a lot to do with other resources.
So I can’t guarantee how much I can allocate to you. This will require everyone to sit down and discuss it at length.
All I can say is that Old Su’s team is trustworthy. They understand the market, and they understand content production, so it’s worth getting in early."
Han Lie bought Peng Hu’s pitch.
Not because his salesmanship was that impressive, but because Su Xiao had really stood the test of ti.
The company itself went public, and they produced quite a few high-quality projects.
Take ’The Cri Hunter’ as an example: an original script without any IP boost sohow elevated Tan Jianci to the top of the second tier—who could believe that?
If it weren’t for the protagonist’s halo in ’The Cri Hunter’ being too strong, and if the script had been revised carefully with more fleshed-out details, it might have been more than just a modest hit.
Not to ntion even more impressive dramas like ’Nothing But Thirty’, ’A Little Reunion’, ’The Little Things’, and ’Xiao Min’s Ho’.
In Han Lie’s view, the biggest issue with President Su’s shows was the actors.
’The Chronicle of the Heavenly Selection’s Lu Han, ’The Southern Trees’s Chen Weiting, ’Legend of Fuyao’s Ruan Jingtian, ’The King’s Avatar’s Yang Yang...
Oh, co on!
Back then, Han Lie was so looking forward to those top-ranked male-centric IPs, but after watching half an episode... a certain plant na sprang to mind.
What?
Penguin’s IP, Penguin’s actors?
It didn’t seem fair to bla President Su, but if Han Lie were the producer, he would definitely take the IP and tell Penguin to get lost.
In the end, Su Xiao back then wasn’t assertive enough; the company had taken too much money from Penguin.
So now, my entry to balance the scales is a good thing.
That’s how Han Lie persuaded Su Xiao.
"President Su, I’m an expert in the financial field. There’s one thing I understand best—leave professional matters to the professionals.
I won’t interfere with your managent. On the contrary, when you have a disagreent with those less professional investors, I will unconditionally be on your side.
You concentrate on making good dramas, and I will take care of getting the company listed within three years.
Don’t doubt my capability. My private equity fund is 2 billion in scale. That extra 500 million is specifically set aside for important figures in securities firms and banks.
I achieved my financial freedom a long ti ago, in three and a half months.
Next, I’m responsible for helping you and your team achieve financial freedom as soon as possible, without any reservations, for both public interest and personal benefit."
Su Xiao was tempted.
Big bluffer Han... PFFT!
God Lie had a knack for capturing people’s hearts. With just a short conversation, he eliminated Su Xiao’s resistance towards him.
Perhaps bringing in a financial mogul is a good thing?
Peng Hu also chid in with encouragent, "Old Su, you’re short on money right now, and all your personal savings are going into the company, but you won’t always be without money. While developing the company, you also need to find a reliable outlet for your personal wealth.
What’s wrong with becoming partners with Mr. Han?
Look at Second Sister Jin, itching to get in. Does she have the chance?"
Su Xiao subconsciously glanced at Second Sister Jin—there she was, glaring with wide eyes, her cheeks puffed out in jealousy.
Su Xiao stopped being stubborn and nodded slightly.
"Alright, in principle, I agree to let Mr. Han in. We’ll discuss the specific distribution ratios later, once I’m prepared. So, to a successful cooperation?"
Han Lie shook his hand with a beaming smile, "To a successful cooperation!"
And so, the matter was settled.
Although it was just a verbal agreent, these kinds of mutually beneficial oral agreents were more effective than written contracts.
—No, at least for now, it was Peng Hu who needed Han Lie more.
Co on, shout it with : God Lie is aweso!
Of course, when it cos to finally sealing the deal, there will definitely be argunts.
Equity investnt is a particularly complicated matter. So third-party institutions make a fortune just from due diligence fees because every detail can determine the success or failure of a project, as well as the ownership of huge interests.
So why join a circle?
The first problem that a circle solves is the foundation of trust.
You’re in a circle, and I’m in a circle. We might not know each other, but a core senior mber stands up to vouch: Su Xiao is capable, Han Lie is reputable. The two of you working together will do well!
Alright, no one has to fear the other harboring any ill will. There won’t be issues in the startup phase.
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