Growth-type Super Rich

Chapter 177: Even 20 Billion Isn't Enough to Spend (Part 2)


Current Completion: 6/10

Task Reward: 10 billion RMB, 3 points for attractiveness.

Currently, six people have an attractiveness score above 90 and have had intimate interactions with Gu Bai.

Zhang Yumeng, Qi Man, Dasha Talan, Zeng Yaning, Peng Shiba, and the eager Yi Yiyi.

Additionally, two twin sisters are eyeing Gu Bai eagerly, waiting for his favor.

Initially, it was thought the charity task would be the fastest to complete, but unexpectedly, the title of "Redemption of the Kidney Eater" hasn't been obtained, and the task of "Ten Fires Blazing" is about to be completed.

Returning to Shanghai, Gu Bai got busy once again.

The matters concerning the school anniversary have been mostly handled, just waiting for the time to come.

And now, Gu Bai is still in the headquarters office of Black Swan Group.

The company has a total of five directors, all gathered in the chairman's office.

As 2017 is about to end, the financial director stands in front of Gu Bai with the company's financial report, ready to give a report.

"Chairman Gu, our group made huge expenditures in investment in 2017.

The acquisition of Wajijiwa Entertainment cost us 235 million.

Black Swan Entertainment cost 350 million.

Cooperation with Yao Lai Group's cinema line also cost 7 billion.

The investment in films reached 1.2 billion.

Additionally, the 400 million investment in the new Black Swan Club in Kyoto has been officially approved, along with some small investments occupying 100 million, totaling an expenditure of 9.285 billion in 2017.

Among them, the 2 billion for the Black Swan Charity Foundation, although it went through the company account, it was your personal expense, so it doesn't count as a company expenditure.

And in the second half of the year, except for the 120 million revenue from Black Swan Entertainment, there hasn't been any other revenue."

Unconsciously, more than half of the 20 billion from the Level 2 System has already been spent.

And this is far from the end; the group will build a headquarters building next year and invest in the physical industry, all of which require massive funding to support.

Gu Bai never thought that in his lifetime, he could experience the feeling of not having enough with 20 billion.

As the financial report concluded,

then Mr. Shao and Xiao Qiang began their work reports.

Mr. Shao: "Chairman Gu, although the company has become a group, I think the focus should still be on the investment sector. During this time, the company is receiving more and more capital invitations, but the manpower is still insufficient. Currently, our investment department only has over 200 employees, and we estimate 400 are required to meet the work demands.

So I suggest the company must expand talent and have its talent reserve to ensure normal company operations."

This issue was something Gu Bai had foreseen at the company's inception and nodded slightly towards Mr. Shao.

"I am aware of these issues, and I have entrusted the Construction Bank to help our company establish a talent reserve foundation, which is currently funded with 200 million. More than 20 famous domestic and international universities have agreed to join, so we can recruit directly from universities in the future."

Hearing Gu Bai's words, Mr. Shao became excited.

"Chairman Gu is indeed far-sighted."

Facing Mr. Shao's light compliment, Gu Bai merely smiled faintly.

After hearing Mr. Shao's report, Xiao Qiang also stood up.

"Chairman Gu, there is a little problem in the group's film and television sector."

Upon hearing this, Gu Bai frowned.

"What's the matter?"

Xiao Qiang quickly reported: "We've moved too aggressively this year. Currently, Black Swan Film and Television has participated in over 40 film and television projects, eating into the pie of many established entertainment capitals. The public opinion outside is currently unfavorable to the company. Although it is temporarily under control, if it continues, it will definitely affect the company's reputation and even cause audiences to resist projects we invest in."

Hearing this, Gu Bai did not speak, but gently tapped the armrest of his chair with his fingers.

This situation was also anticipated by Gu Bai.

Black Swan Film and Television was too high-profile; in just a few months, it threw 1.2 billion at projects, whether big or small productions, covering all. Almost every film and television project initiated in the second half of the year had Black Swan Film and Television behind it.

To Gu Bai, there's certainly no problem; the 1.2 billion investment is not significant in his eyes.

For those project initiators expecting investment, having someone willing to invest is a good thing.

But for those established entertainment capitals, it seemed Black Swan Film and Television was crashing the party—there's only so much pie, and it wants to take a bite everywhere, leaving them with nothing to eat.

Although, as of now, Black Swan Film and Television's market impact isn't too large.

But what about later?

Who can guarantee that Gu Bai won't continue being this assertive?

In their eyes, Gu Bai's fund pool seems deep and bottomless; competitive funds don't work, so why not use underhanded tactics to suppress him a bit?

Xiao Qiang, watching Gu Bai's expressionless face, didn't dare say a word.

With the establishment of the group, Gu Bai's authority had become increasingly significant, and Xiao Qiang's position in the group was arguably second to none, but deep down, he was still quite intimidated by Gu Bai.

It's only been a few days since the group was established?

Gu Bai entrusted all the company's film and television departments to him, which was a sign of trust, yet problems arose only after a few days. How would Gu Bai see him?

"So, have you come up with any solutions?"

Gu Bai asked her calmly.

If the company runs into problems, and she, as the person in charge, has no solutions, then Gu Bai would have to question Xiao Qiang's capabilities.

Hearing Gu Bai's question, Xiao Qiang immediately responded: "I had a meeting about this matter earlier, and we unanimously agreed that we should have peace talks with those established capitals.

After all, with the recently founded group, it is not suitable to go head-to-head with them. The priority is to develop ourselves first."

"This is the solution you came up with from the meeting?"

Gu Bai shook his head, looking at Xiao Qiang with a face full of disappointment.

"I'm sorry, Chairman Gu..."

"No need to apologize to me. All the assets of the company are focused on the entertainment industry now, and I entrusted them to you as a sign of trust, but your performance has been disappointing.

You are a capital elite returned from abroad. With your understanding of capital, even if you reach a peace agreement, do you think those established capitals will let go?"

This question hit Xiao Qiang right in the heart.

Capital is always greedy; it doesn't show sympathy just because you appear weak, instead, it becomes more aggressive. However, apart from reaching a peace agreement, she really couldn't think of any solutions to this problem.

Gu Bai continued: "Do you know why they so far only dare to employ small tactics secretly? Because in their eyes, our Black Swan Group isn't a pushover either.

The more you yield, the more aggressive they become!"

"Do you mean to confront them head-on, Chairman Gu?"

"Why not?"

Everyone in the office fell silent.

They knew Gu Bai was bold, but they didn't expect him to go this far. Those established capitals have long taken root in the entertainment circle, and their combined size is even several times that of the Black Swan Group. If faced head-on, they would definitely be at a disadvantage.

Gu Bai glanced at everyone's expressions, knowing their thoughts, and slowly spoke: "Facing them head-on also requires strategy, not just reckless fighting."

"Chairman Gu, what are your plans?"

"Later, I will personally inject another 2 billion into Black Swan Group."

Another 2 billion, though still a huge number, they were used to their boss's financial power and recklessness.

Everyone remained silent, waiting for Gu Bai's next words.

"These capitals rely on having certain sway in the entertainment circle. This 2 billion will be earmarked as special funds to develop the company's media department.

With the group's development, an external portal is also a necessity; we must have our own voice.

Mr. Shao, you can contact some media outlets that already have a substantial user base for direct acquisition, and I want you to make the momentum as big as possible! Moreover, let those capitals know that our group has money to play their game."

Without waiting for them to speak, Gu Bai continued: "However, there's no need to go all out. Xiao Qiang, you can reach out to the bosses of these capitals and properly clarify our stance.

Our group doesn't have the habit of hogging everything; we do have a few self-produced film projects, right? Appropriately let them have some shares, and also promise them that once the Black Swan Cinema Line is established, movie projects they produce can give them a little profit.

Starting a company is all for making money, right? They also won't go against money.

If this still doesn't satisfy them, let them be, and play along slowly."

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