Chapter 1773 Windfall from the sky(1/2)
Qin Feng has a headache.
One place where money is urgently needed right now is Dimon's side.
Qin Feng promised 10 million US dollars to promote Bitcoin.
Then, it’s Marissa Mayer’s side to build an artificial intelligence AI system. For this, the money needed is gone.
Currently, what is needed is US$10 million.
This is the base.
In fact, investments by companies such as IBM are calculated in the hundreds of millions.
10 million US dollars to develop artificial intelligence AI can only be said to be an introduction.
Then, it was time to invest in building the Facebook headquarters building.
This one can be more or less.
Qin Feng didn't want to be too little.
In this regard, Qin Feng does not want to spend too little money and build a headquarters casually.
In the future, this will be a company worth trillions of dollars.
If you just set up a headquarters, it's enough for now. But for future development, it won't be enough.
Therefore, Qin Feng wanted to build a headquarters that could be established once and for all.
If you have a budget for this, there will be more.
At least it costs 30 to 50 million US dollars.
This is indispensable.
Based on this calculation, it would cost at least US$50 million.
It's not too late.
At this moment, Qin Feng couldn't help but recall Boss Yan's fixed monthly money laundering commission.
That's really profitable.
That money was earned so easily.
You can earn 20% by doing nothing but following a process.
Boss Yan and the others charge high commissions, at least 30%. If the other party is urgent, it will be 50% commission. And the amount is very large.
It can easily reach hundreds of millions of dollars. In one go, Qin Feng can get tens of millions of dollars in income.
This is so profitable.
Now, after losing this project, it is a bit difficult to make money.
As for the company, it is still in the development stage. How to make money?
Just when Qin Feng was in the area, he suddenly received a message from Nokia.
The first quarter dividend of the global ringtone download service has arrived.
According to the original agreement, Nokia will exclusively receive 40% of the dividend, the five major record stores will receive 30%, and Qin Feng will receive 30%.
In this first quarter, the cumulative number of ringtone downloads worldwide was 1.7 billion, with after-tax income of US$380 million.
According to the profit sharing, Qin Feng received a profit share of US$114 million.
Qin Feng quickly logged into his Swiss bank account and took a look. There was an amount of US$117 million lying in it.
Before this, there was only more than 3 million US dollars left in the account.
Now, it suddenly became 117 million US dollars.
Qin Feng felt a little dizzy.
This is so crazy.
This money is so crazy.
It came too timely.
All of a sudden, I became a rich man!
Qin Feng didn't expect that Nokia could send such a large sum of money at this time.
Of course, this also proves that Qin Feng's vision is correct.
Accompanying this notification letter was a letter of thanks personally written by Nokia President Kallasvuo Kallasvuo.
Thanks to Qin Feng for his suggestion, so that everyone can achieve a win-win situation.
$117 million.
Damn it! Why else are you in trouble!
Qin Feng laughed.
"Marissa, Damon, come back to me for a meeting!" Qin Feng called immediately.
At this time, the five major record stores have also received dividend emails from Nokia.
Of course, for the five major banks, the profit sharing is not as large as that of Qin Feng alone.
After all, the same profit needs to be divided among five companies.
Calculated in this way, the average price of a family is almost US$22.8 million.
Although there is a big gap compared with Qin Feng's US$114 million, it is also a surprise for the five major record stores.
Because those ringtones have already been launched on the market. This is their second use.
As a result, it can bring in revenue of US$22.8 million in one quarter. If you calculate this, doesn't it mean that the revenue from this ringtone alone can exceed US$100 million in a year.
This is amazing.
This is a casual win.
In particular, they hardly need to pay these copyrights to the singers. At most, they share a little bit with the authors of lyrics and music. They take most of them.
This is an extra $100 million in net income a year out of thin air. This is not small money.
The five major record companies were a little stunned.
Are profits so high? As for digital music copyright, are they wrong? Are they too stubborn?
You know, Britney's song "Baby Oime" has just exceeded 20 million downloads worldwide. That's 20 million US dollars.
One song sold for $20 million.
The cost is nearly zero.
This has made them feel the trend of digital music copyright.
Now, Nokia's dividends are real money. This allows them to truly feel the power of money from digital music copyright.
Perhaps their previous rejection of Qin Feng was wrong.
So, should we talk to Qin Feng when he comes back?
However, they rejected it so completely at the beginning.
Isn't it inappropriate to find Qin Feng now?
The five major record companies are being reserved and hesitant.
Qin Feng is having a meeting with Dimon and Marissa Mayer.
"Boss, you smile so brightly, why are you rich?" Marissa Mayer teased casually.
"Of course! You must have money, otherwise how could I come back to you!" Qin Feng chuckled.
"Really rich!" Marissa Mayer exclaimed.
She just said it casually, which probably stimulated Qin Feng.
Unexpectedly, Qin Feng was really rich.
She had just left. Before leaving, Qin Feng was still frowning.
Why is this so fast?
"Where did the money come from? Is it legal?" Dimon was also a little in disbelief.
"Don't worry, it's legal. Absolutely legal." Qin Feng nodded, "This is the ringtone download business I previously cooperated with Nokia. Today Nokia sent me the first quarter's earnings."
Damon nodded when he heard the words. As long as it was legal, he was relieved.
He was worried that Qin Feng would do something illegal because of money problems. Too many such things happened on Wall Street.
Generally speaking, it can indeed be profitable at the time. But in the long run, it will definitely cause trouble.
Therefore, as far as Dimon is concerned, it is better to have no money now, be poor for a while, and postpone the plan than to do something illegal.
After all, if you open a company for the long term, it must be legal.
To be continued...