My rebirth is different.

Chapter 791 How to Spend Money

As an accountant, he talked about the problem with data: "Over the years, there have been 1882 entrepreneurs on the rich list, and 24 of them have financial problems, that is to say, this ratio is 1.3%, which is very small.

I did the math, 24 of them committed an average of 2.6 crimes, they were in prison for 11 years, the average age of imprisonment was 45 years old, and they were 56 years old when they were released from prison.

In this age group, they have accumulated a certain amount of experience and are the most ambitious, and the higher the ranking, the higher the attention, so accidents are prone to happen. "

However, no matter how Hurun defends, many rich people are afraid of being listed on the "killing pig list" by him.

According to folk rumors, there was even a rumor that a rich man gave Hu Run money, begging him not to write his name on it.

The older generation of rich people made their fortunes in the early days of reform and opening up. To be honest, they were somewhat unclean, or it was impossible to make a fortune cleanly in the general environment at that time.

Once you are on the rich list, under the attention of everyone, there will always be people who will find you unhappy and want to trouble you.

But Yu Wenfei is different. Just like Xue Chun said, he is in the Internet industry and high-tech.

Every penny he earns is clean, and he has very little involvement with the government and the country, so there is no need to worry about someone checking him or something.

…………

Facebook was successfully listed, and Yu Wenfei and others returned to China with a full load.

Through the listing, 60 billion US dollars were directly raised. After deducting the money distributed to the underwriters, there are still more than 58 billion US dollars left. Of course, it can be called a rewarding return!

After returning to the company, Yu Wenfei directly convened a board meeting to discuss how to spend the money.

Cai Congxin took the lead in speaking and talked about several investment directions.

"As per the listing instructions, the money will be used in three ways."

"The first is the development of Facebook's main business, which is used to purchase servers, expand computer rooms and other basic investments, and continue to expand the scale of recruitment to prepare human resources for the company's development."

"Second, Facebook has promised investors during the road show that Facebook will go global. Now, our foundation has been solidified and our human resources are sufficient to go global. So, this year, Facebook's The main task is to establish a North American subsidiary, which will also undertake the important task of Facebook going global."

"Third, Facebook Entertainment also needs a sum of money to acquire copyrights, establish a new film and television media company, and invest in making films."

The three points he mentioned are also the main work content of Facebook this year.

Of course, Dong Xiaoxue had just communicated with him about the third point. Originally, the establishment of a film and television media company and investment in film production were not in the plan.

These things, in fact, were discussed by everyone at the board meeting before the Chinese New Year, and they were all unanimously passed.

Let’s talk about it at this time, of course no one will have any opinions. What everyone is discussing now is how to allocate the nearly 59 billion US dollars reasonably.

"I suggest that a fraction of the US$ million be used for basic investment, and this time our data center can be directly expanded on a large scale.

For the Internet, the data center is our weapon. If we want to give users a better experience, we must stay ahead in terms of hardware.

What's more, after the expansion of the data center, the servers we don't need for the time being can still be leased to brother companies.I see that the servers on the Facebook game side have not been enough. "Cai Congxin continued.

Everyone nodded in agreement. Among all the websites in China, Facebook's website is the fastest to log in and browse, which is also praised by all users.

This is because it is willing to invest in the bandwidth and servers of the computer room.

Now that the company has received a large amount of funds, there is no problem in expanding its lead in areas where it has its own advantages.

"Facebook North America Company, let's invest million US dollars, because there is no foundation there now. There is nothing in the data center, and even the office address has to be rented or purchased. More cash preparations are needed in the early stage. And there, we It starts from scratch, and the cost of publicity and promotion is also indispensable." Cai Congxin added.

But Yu Wenfei opened his mouth. He shook his head and said, " million is not enough, one billion should be. Since we want to enter the North American market, we must make a big decision and invest heavily. There is no way out, we must succeed!"

Yu Wenfei is never stingy when it comes to spending money!

Since Facebook is going to go abroad, it will be an instant hit. With a billion dollars spent, Yu Wenfei does not believe that it will not be able to occupy the global blogging market.

The chairman of the board of directors has spoken, and everyone will naturally not object, and this investment has been unanimously approved again.

The third investment is Facebook Entertainment. Cai Congxin directly talked about the numbers at this time. He looked at Dong Xiaoxue and said with a smile: "Mr. Dong, I just heard about your new plan, and I am not very familiar with it. So, how much is it needed?" Funds, it’s up to you to decide.”

Dong Xiaoxue gave a slight smile and said, "Dear leaders, before talking about the budget, let me report the work plan of Facebook Entertainment for this year. This plan has been changed after the year, and it is quite different from the report a year ago. , so it needs to report to the board of directors again."

The so-called changes, and the relatively large discrepancy, are because of the things Yu Wenfei suggested when she talked with Yu Wenfei a few days ago.

This is indeed a big change. From then on, Facebook Entertainment will change from a simple Internet company to a comprehensive Internet entertainment company, covering both online and offline businesses!
Offline includes contract training for artists, investment and production of film and television dramas, etc.

Online is video music distribution.

The embryonic form of a giant entertainment company has already emerged!
"Mr. Dong, don't worry about it. Just mention how much money you need. Our company is rich and powerful now! And your entertainment business department, Mr. Fei is very optimistic about it. It belongs to the reserve force and must be cultivated." Cai Congxin laughed.

Cai Congxin did not intervene much in the work of the Facebook Entertainment Division, but fully delegated power to Dong Xiaoxue.

He knew that, judging from the framework of this business unit, it would definitely be spun off to form a separate company in the future, or even a group company!

As for Dong Xiaoxue, if things go well, her position in the Facebook holding company may not be lower than her own in the future.

This woman will be a strong contender for the fifth vice president of Facebook Holdings!
There are many companies in the entire Facebook family, and it is very easy to tell which company boss has a high or low status. You only need to look at his position in Facebook Holdings.

Now Facebook Holdings has a total of four vice presidents, Cai Congxin, Fang Zhiyan, Shen Nanpeng, and Effie!
These four people are also called the "Four Heavenly Kings" by the company's employees, and they belong to the absolute group executives and core leadership.

Li Xin from WeChat and Dong Xiaoxue from Facebook Entertainment are the contenders for the fifth vice president.

"In terms of conventional copyright acquisition, including the acquisition of film and television dramas and song copyrights, the cost of this piece has been reduced a lot compared to last year. Because this year we only need to acquire new film and television dramas and song copyrights. As I have reported before, million RMB is needed.”

"A big new business is that we want to set up our own film and television media company, as well as an entertainment brokerage company. The cost of this part will be relatively large."

"Let's talk about the entertainment agency first, because it has just been established, and it must match the status of our Facebook Entertainment, and become the industry leader as soon as possible! Therefore, I plan to sign some big names in the film and television industry, as well as some potential artists. The cost of this part is estimated to need million RMB!"

"In terms of film and television dramas, this year, we will invest in the shooting of three series. These three dramas are adapted from Mr. Fei's "Youth Trilogy"! This is the first shot of our film and television company, so we must follow the classic standard Let’s build it and strive for a good start!”

"Three series, with a total of to episodes, with a total investment of million!"

"So, the budget for Facebook Entertainment this year will increase to one billion yuan."

Dong Xiaoxue said sonorously, with firm eyes.

One billion yuan?
The people present didn't feel much, because converted into US dollars, it was only a little over 1 million.

And Facebook, just raised nearly 60 billion US dollars from the stock market!

"Is it not enough? Let's not add some more. Adhering to President Fei's principle, if we want to do it, we must do our best!" Shen Nanpeng said with a frown.

Dong Xiaoxue was stunned. She raised the department's budget from million to billion. She thought it was a lion's mouth.

Unexpectedly, at the board meeting, Mr. Shen still felt that his budget was too small, and he wanted to give himself more money...

Other companies have to fight for a little budget. Why is the situation like this on Facebook?
"It's indeed less, one billion. Two new companies need to be established, big-name artists must be recruited, and three TV dramas need to be filmed. It feels a bit insufficient." Cai Congxin also echoed.

"Is it someone like Andy and Aaron Xingxing who is digging a big-name artist? Isn't million not enough? To adapt Mr. Fei's book, it must be made into a classic. I have only one opinion, that is, no matter the cost, we must do our best!" Xue Chunhe also spoke.

Dong Xiaoxue quickly waved her hand: "No, we may not be able to scoop up big names like Hua Zi and Aaron Xingxing. They are mainly domestic entertainers, and the fees will be much cheaper."

Yu Wenfei smiled and said: "Okay, okay, we are making TV dramas, not movies, what are those movie stars doing, let them make TV dramas, that would be too wronged for them.

But this budget is indeed a bit tight, so let's allocate million US dollars to Facebook Entertainment this year.

Of course, you don't have to spend all of these million yuan, and you have the confidence to do more things with more money in your hand, but try to save it as much as possible. "

Well, Yu Wenfei more than quadrupled the budget of Facebook Entertainment with just one word.

40 million US dollars, this is more than billion yuan. Entering the entertainment industry with so much money, wouldn't it immediately leap to the top position in the industry, which is going to subvert the entire industry...

　It's the end of the month, so just vote for the monthly pass, otherwise it will be wasted if it expires.

　　
　
(End of this chapter)