My American magical life
Chapter 857 - 857 48 The Wind Rises at Nanhua 1_3

857: Chapter 48: The Wind Rises at Nanhua 1_3 857: Chapter 48: The Wind Rises at Nanhua 1_3 A professional automotive MCN, by integrating enough internet celebrities, affiliated professional facilities, corresponding industry laboratories, and evaluation agencies, can become a giant in automotive marketing in the era of short videos.

Hmm….

How much is our Remote Path worth now?

Sun Dongxin spoke at length about the new MCN, but then suddenly changed the topic and asked about the valuation of Remote Path.

He indeed had the right to say ‘our’.

Having been in foreign trade for so many years, he had fortuitously acquired some Remote Path shares for debt settlement.

President Qi was itching with excitement by the blueprint drawn up by Sun Dongxin, but he would have dismissed it as nonsense if a young person had presented him the same plan.

Just talking nonsense, and you, a young one, create a new automotive marketing giant?

Do you understand automotive marketing?

Do you understand what a giant is?

Also, what is this short video you mentioned?

Isn’t that just a platform for watching girls?

But Sun Dongxin is Sun Dongxin, and President Qi was profoundly moved by what he heard.

The status of a person differs, and so do the resources they can mobilize, which greatly affects the achievements they can attain.

For the same task, even if the path is correct, unexpected factors during the entrepreneurial process will continuously emerge and crush the potential for a correct outcome.

Thus, leading institutions and seasoned investors prefer to invest in people with entrepreneurial experience.

Speaking of entrepreneurial experience, Sun Dongxin really is at the top tier.

“Remote Path should be worth about forty to fifty billion now, selling cars, just earning some hard-earned money.

Upstream manufacturers are like stepfathers, downstream dealers like foster sons, I sit in the middle squeezed by both ends, my days aren’t as good as yours!”

Seeing President Qi sell his hardships so smoothly, Sun Dongxin revealed a polite yet warm smile.

This kind of nonsense, just listen and let it go, anyone who believes it is a fool.

“Here’s a key factor—voice.

Old Qi, the car manufacturers have too much voice, and you dealers appear passive, being forced to stock up on worse models, and even needing to give gifts to get more of the good models.

But the source of voice isn’t singular, especially with the rise of short videos, the voice within the realm of short videos is also significant.

Why did I invest in MCN initially?

Old Qi, we’ve known each other for nearly ten years, let me speak frankly…

In Hua Country, can we invest in TV stations and newspapers?”

With these words, Sun Dongxin doesn’t believe President Qi could still hesitate.

Old Qi, without you, I can still eat hairy pigs; this is also your opportunity, take hold of it!

Cigarette smoke burned blue in President Qi’s hand, his heart was filled with craving, but he still tried to remain as calm as possible.

How to do business in a rush, President Qi is also a president after all, he needs to maintain some poise.

“You just mentioned, this newly established professional automotive internet celebrity MCN needs some other related institutions, I can provide those, after all, Remote Path has been in business for twenty years.

But, Brother Sun, how are the shares counted here?”

Sun Dongxin’s assistant took out a stack of documents from a bag and handed them to President Qi, which were the prepared assessment reports on the assets that Shanhaiguan and Dongxin were investing in the new MCN.

“Twenty million in cash, forty million in intangible assets, totaling sixty million, this is our valuation of our capital share, the key issue is whether you, Old Qi, can accept our valuation of the internet celebrities involved.”

President Qi took the report and slowly started to read.

Dongxin and Shanhaiguan contributed sixty million together, making this new automotive-focused internet celebrity MCN a giant vessel from the start, and he believes Sun Dongxin wouldn’t take too much advantage of him.

But…

how to profit?

Automotive media is profitable, President Qi is aware, but that’s media.

Ordinary self-media often don’t require high costs; with the integration of scriptwriting and directing, maybe three or four people can operate a large private self-media account.

However, an automotive MCN is a platform, running a bunch of special short video media, President Qi finds it hard to imagine how many orders must be received to sustain this giant vessel’s profitability.

Another issue is, the signed internet celebrities on the platform might not find it hard to make a profit, but their interests and those of the platform might not perfectly align.

Thinking this, President Qi put down the report, hesitantly looking at Sun Dongxin.