Chapter 96: The Double Li Era, Director Li! (Flowers and Extra Updates)
“President Lee, if you want to strengthen your control over the company, I have a good idea?”
As soon as Li An said this, Li Xiuman was immediately curious.
As a listed company, Li Xiuman, as the founder, has always had a headache.
That is the balance between financing capital and company control.
If the company’s market value wants to be higher, it will inevitably need financing.
In this way, his net worth will increase and the company will have money to develop rapidly.
But correspondingly, his equity will decrease and his control over the company will weaken.
It is difficult for him to choose between whether the company becomes richer or he becomes more powerful.
This is also the fundamental reason why many unicorn companies choose not to go public.
These companies have a stable and strong source of income, just like the future Mihoyo or Steam
I won’t go public, I don’t need the little money you raise.
In this way, they don’t need to share dividends, nor do they need to look at the directors’ faces, and they can just focus on doing their own things.
This is also the reason why they are called unicorns.
However, entertainment companies obviously can’t do it this way.
“Director Li, tell me.” Lee Soo-man directly changed the name of Lee Ang.
Even though Lee Ang’s shares are not enough to become a director now, in his heart, Lee Ang is already a director of S.M. Entertainment.
It is very likely that Lee Ang is still the second largest shareholder in the company after him.
That group of directors regards shares as more important than their own lives. It is more difficult to get them to reduce their shareholdings than to kill them! Lee Soo-man muttered.
At most, he can use his power to kick out some small shareholders and help Lee Ang collect shares.
Those major shareholders, their views on equity are as stubborn as their thoughts.
Lee An did not speak directly, but looked around.
Lee Soo Man was a little puzzled.
At this moment, Lee An spoke.
“President Lee, to be honest, when I first came to S.M. Entertainment, I thought I was in the wrong place. This doesn’t look like a…large entertainment company that is preparing to go international!”
At first, Lee Soo Man thought someone had led Lee An the wrong way.
After hearing the latter part, he instantly understood what Lee An meant, and his face was a little embarrassed.
“Well, Director Lee, isn’t this…the company is still in the development stage? Wait until the plan is implemented next year, and then we can…can…”
Lee Soo Man didn’t believe what he said.
In his opinion, even if he made money, the first thing to do is to distribute dividends.
The company building is a little broken, as long as it can be used.
How does the Xia language say it?
The mountain is not high, but it is famous because of the immortals.
It wasn’t until 2020 that they moved from this location into their new headquarters building.
But soon, Lee Soo Man seemed to have thought of something.
Looking at Lee Ang in disbelief, “Director Lee, do you want to…”
Now, Lee Soo Man had to get excited.
His dream was to make S.M. Entertainment the world’s top entertainment company, so he naturally wanted the company to be more domineering.
But, he had no money.
The company’s money could be used for other purposes.
Inviting songs, building momentum, publicity, signing artists, trainees, etc.
If Lee Ang had money…
“That’s it. I want President Lee to start a new round of financing for the company as an executive director, and the direction of this round of financing is the new headquarters building of S.M. Entertainment.”
“Not only do I want to build it, I want to build it into the most luxurious building in Seoul!”
After Lee Ang finished speaking, Lee Soo Man was dumbfounded.
He thought Lee Ang was just building a building, but he didn’t expect it to be a landmark.
This is indeed exciting, but this excitement is a bit too great.
To build a headquarters as Ang Lee mentioned, at least 100 to 200 million US dollars are needed.
However, the current total market value of their S.M. Entertainment company is only a few hundred million US dollars.
If he agrees to Ang Lee’s plan and starts a new round of financing, and he does not make additional investments.
It is equivalent to reducing his equity by at least one third.
What makes Lee Soo-man even more uneasy is that
Lee Ang will jump from 10% of the equity to 40%.
Not only will he surpass him, but Lee Ang will also become the largest shareholder of the entire S.M. Entertainment company!
Even if other shareholders make additional investments, they cannot shake Lee Ang.
Lee Ang knows Lee Soo-man’s dilemma.
“Don’t worry, I only want profits, not management. I don’t have time to manage the company, and I don’t even have time to come to Korea!”
“After the financing, I will sign an equity transfer agreement with you. As long as you are still the CEO and executive director of S.M. Entertainment, all my voting rights on the board of directors belong to you alone!”
Now, Lee Soo Man is really tempted!
If it is really as Ang Lee said, although the stocks in his hands have shrunk, his actual wealth has increased.
Not only that, his voice in the company has also reached a new peak through this.
His 20%, plus Ang Lee’s 40%, almost reached 66% of absolute control. (To read the novel, go to Faloo Novel Network!)
At that time, no one could stop him from making any decision in the company.
S.M. Entertainment Company once again became his one-man show.
Lee Soo Man selectively ignored what Lee Ang said, that as long as he is the CEO and executive director.
In his opinion,S.M. Entertainment was founded by him, how could it be in someone else’s hands?
In that case, Ang Lee’s shares are his shares. []
What, you said his dividends have decreased?
Too naive, dividends are not simply calculated by percentage.
100 million 40% or 500 million 20%, he calculated it very clearly…
Once S.M. Entertainment has a building that surpasses other entertainment companies, under the same conditions, who do you think the trainees will choose? Who will the artists choose?
Even, they can save a lot of publicity and promotion costs.
Because their headquarters building is the best publicity and promotion tool.
Looking at Lee Soo Man’s excitement, Ang Lee smiled.
Yes, Lee Soo Man will make a lot of money, but Ang Lee will never lose money.
All he wants is profit.
In this way, S.M. Entertainment alone can bring him at least a few hundred million in wealth in a year.
A cash flow cow.
And he doesn’t have to spend a bit of time managing it.
Lee Soo Man can eat and live in the company like a chicken blood, making money for his Kuku.
What is this called?
This is called the excellent self-management of a big worker.
When a pig is hungry, it knows to sleep and rest, but a worker knows to buy himself an iced Americano and continue to work overtime.
Is there a more efficient production tool in the world than this?
As for controlling S.M. Entertainment, Ang Lee said he doesn’t have the time.
Controlling a company and wanting to compete in a complex market requires a lot of effort.
S.M. Entertainment will only have a market value of several billion US dollars in the future, and Ang Lee doesn’t have the time to waste his efforts on this small company.
In Ang Lee’s eyes, Lee Soo Man is just a tool to make money for him.
However, Lee Soo Man feels that he has made a lot of money.
Of course, this does not rule out Ang Lee’s idea of protecting Yoona Lin.
Entertainment industry is not so easy to get into.
As a coal boss for several years in the future, Ang Lee knows this well.
After an hour of discussion, the new round of financing plan of S.M. Entertainment was finalized by Ang Lee and Lee Soo Man in a few words.
Both of them are full of expectations for the future.
“Happy cooperation, President Lee!”
“Happy cooperation, Director Lee!”
The wheel of history has deviated slightly here.
S.M. Entertainment has entered the era of President Lee and Director Lee!
At this time, the silly little deer is still training hard.
She had no idea that she had become a superstar that no one in the company dared to offend because of a chance encounter.
If she moved, she would die. Lee Soo Man personallyThe kind that kills!
The next day,
The haggard Jin Zechen appeared in front of Li An…
Thank you Changsha Fat Tiger for the other monthly tickets, love you!
Also thank you for the flowers!
However, it ends today (I made up for yesterday’s 5 updates, and wrote another 5 updates today, a total of 10 updates!).
Tomorrow’s flowers will exceed 15969, and I will continue to add more updates! .
