Losing Money To Be A Tycoon Chapter 556
Advertisement
Chapter 556 Over-Analyzing was Useful for Once
June 17th, Friday…
At Shang Yang Games…
Once Pei Qian walked into the conference room, he sensed something amiss with the atmosphere. Everyone looked dejected! The energy was even lower than when Pei Qian had visited the last time.
He could not help but feel worried. He had to encourage his comrades!
If even all of you think that you can’t win, wouldn’t IOI be done for?
What’s more, they had not exhausted all their options yet. The game was still being updated, and it was doing quite well overseas. What’s more, although the game was not defeating GOG in local internet cafes, it was snatching a greater share of the market!
Pei Qian sat at the head of the conference table, feeling the need to say something to boost everyone’s morale. How can we fight this battle if you give up before the fight?!
Pei Qian cleared his throat. “Why do all of you look so down? Quick, perk yourselves up. The battle isn’t over!”
Wang Xiaobin glanced at Ye Zhizhou… who glanced at Lin Wan.
Lin Wan sighed softly. “Boss Pei, we know that you have good intentions behind making GOG and IOI compete. You want the winner to give the loser a boost. You even gave IOI more than enough funds from the group of companies. However… this is too difficult!
“The gap between both games is not getting any smaller now. In fact, it’s getting increasingly bigger. In just one week, GOG has fully caught up with our on-ground marketing strategy and overtaken us.
“We can only say that GOG is more well-prepared and close-knit than we are. We keep raising suggestions to IOI, but they refuse to accept them…”
Wang Xiaobin nodded. Indignantly, he said, “That’s right. Finger Games is even blaming us, saying that our marketing strategy is too weak and that the game is doing extremely well in other countries.
“The question is… does GOG exist in those other countries? We really want to tell them to try fighting GOG if they can. We’ll watch and see if they can successfully defeat GOG!”
Ye Zhizhou nodded and chimed in. “Exactly! It’s bad enough having a useless teammate who slows us down, but Finger Games is even putting the blame on us and mocking us. How can we tolerate this?!”
Wang Xiaobin turned to face Pei Qian. “Boss Pei, you wanted a dog-eat-dog competition anyway. Why don’t you make Tengda buy all the shares in Finger Games?! Then, we can modify IOI however we want to. Alternatively, we can completely take over IOI.
“Then, we won’t have our hands bound, and we would no longer feel so helpless all the time.”
Pei Qian was shocked.
Buy all the shares in Finger Games? Am I not dying quickly enough for you?!
Pei Qian was just about to speak up when Lin Wan beat him to it. “We can’t. Do you think Boss Pei hasn’t thought of that before?”
Pei Qian: “?”
Lin Wan continued speaking. “Do you think Finger Games is still worth as much as it was before? Boss Pei was shrewd enough to buy twenty percent of the shares with twenty million yuan. It was a great bargain.
Advertisement
“Do you think good things are as common as cabbage in stalls by the streets?
“IOI is picking up in momentum now. Finger Games’ value is picking up day by day. We may have twenty percent of the shares now, but even if we want to obtain control of the company, we would have to spend at least a hundred million or even 150 million US dollars more.
“Tengda Corporation’s cash flow is healthy, but Boss Pei wants to maximize the use of the cash he has on hand. All along, he has been investing the cash as quickly as possible.
“What’s more, even if Tengda Corporation has spare cash lying around, it would not add up to a hundred million yuan.”
Wang Xiaobin stopped talking because he knew that it would be difficult for Tengda Corporation to fork out a billion yuan, even if it was doing extremely well. This was not a matter of whether Boss Pei wanted to, but whether the group of companies could afford to or not.
Since it could not, there was no point saying anything more. Pei Qian was shocked.
What the h*ll? Was Finger Games worth that much now? Then… according to that value, the twenty percent shares that he had spent twenty million yuan on… Would now be worth…
Forty million… US dollars?!
He had made more than ten times the original amount in such a short period?!
Pei Qian began to feel light-headed. At the same time, he noted Ma Yang’s mistake in his heart.
If other people had been in Pei Qian’s situation, they would be laughing until they cried. However, for Pei Qian, based on the conversion ratios, forty million US dollars could only be converted to forty thousand US dollars. That was about 280 thousand yuan…
Incurring losses would still be more worth the while…
In fact, if he was not careful, his profits and losses could cancel out. Then, he would surely vomit blood.
Speaking of which, that was only a valuation. Not many people would be willing to fork out that amount of money. What’s more, if Tengda refused to sell the shares, there shouldn’t be much of a problem…
Once again, the discussion reached a dead-end.
They could not buy Finger Games because it was too expensive now. They could not instruct Finger Games either. It wouldn’t listen and would even give opposite instructions.
It was no wonder that everyone at Shang Yang Games was so dejected. After all, everyone had been used to working on their own game and running their own marketing campaign. They had been free to modify any part of the game that they had not liked.
However, while they knew where the problem lay now, the developers would not allow them to modify the game. Instead, the latter was blaming them for failing to manage and market the game well as agents. Who wouldn’t be pissed? Pei Qian cleared his throat. “Don’t be too anxious, everyone. There’s always a perfect solution. What’s more, things are not the worst now.
“GOG started early, but IOI still managed to win a certain share of the market earlier. A minority was old customers of Gods Rising, and most were gamers of other game genres.
Advertisement
“This means that, while GOG and IOI are competing, more new gamers are being drawn into the pit. That’s a good sign. As long as we can maintain a stable footing, there’s a possibility of turning the situation around.
“There are a few things we cannot change, like GOG’s initial advantage and the game’s mechanisms. However, compared to GOG, IOI’s local server is lacking in something else that we have not tried to fill—that is esports. “In the next stage, I will allocate more funds for you to organize a large-scale competition for IOI. We will maximize the marketing funds to correct the misconception that Tengda does not care for IOI in esports!” After Pei Qian finished speaking, there was no lighting up of eyes or applause as there would have been before.
After some consideration, Wang Xiaobin said, “Boss Pei, for an esports event to be popular, we need a good foundation. Players aside, where are we going to find the competing teams?
“We can’t possibly pick random people from the ranked list and make them form a team at the last minute, can we?”
The others nodded their heads as well.
Pei Qian: “…”
Things were slightly awkward now.
Just as Pei Qian was considering this problem, Lin Wan spoke up.
“No, none of you understood what Boss Pei meant. It is entirely possible for us to contact the bigger esports clubs in the country now and get them to form IOI teams.”
Wang Xiaobin was stunned. “That’s unlikely, right? Given IOI’s current market share, the clubs would much rather form a GOG team if they really wanted to.
“We could offer them money, but the clubs would focus on long-term benefits. If we offer too little money, they might not be interested in complying, but if we offer too much, we would lose out.”
If we offer too much, we would lose out?
That was perfect, wasn’t it?!
Pei Qian’s eyes lit up. He was just about to speak up when Lin Wan did.
“We don’t have to give them too much money.”
Pei Qian: “…”
Lin Wan continued speaking. “I understand Boss Pei now. We might have entered the esports arena late, but IOI would have some advantage over GOG. That’s because IOI is much more popular overseas!
“It’s true that the clubs would focus on long-term benefits when forming teams. For those clubs, being able to take part in international competitions would obviously be one of the long-term benefits! “An esports event has to be popular all around the world for there to be enough attention to it. Although IOI is not as popular as GOG in the country at the moment, it could become a large-scale international competition in the future.
“Forming an IOI team now could be a very promising option for E-Sports clubs. We could make a big deal out of this to persuade local esports clubs!
“I guess that’s Boss Pei’s deeper intention, right?”
Pei Qian cleared his throat. “Er… that’s about right.”
A realization dawned on everyone else. That’s right! That’s a great advantage!
Ye Zhizhou was deeply inspired as well. “That’s right. We could even invite one or two average teams from overseas as a gimmick and provide accommodation and return tickets for them. Then, we could call the competition an international invitational tournament and make more people pay attention to us!”
Upon hearing the words ‘provide accommodation and return tickets’, Pei Qian became elated.
Everyone else noticed how comforted Boss Pei looked as he gazed at Ye Zhizhou. At once, they knew that this was what Boss Pei had been thinking
“Alright, let’s do as Boss Pei says and get started immediately!”
“I’ll contact the local clubs”
“I’ll invite the foreign clubs.” “Remember to pick the weaker teams. Otherwise, if our local teams get miserably defeated, our plan would fall through!”
“I’ll inspect possible venues and come up with the competition schedule.”
Everyone split the tasks quickly, and the once-lifeless meeting room instantly burst with vitality. Pei Qian was pleased. Everyone had read too much into what I said again, but it seemed like a positive thing this time!
Alright, the meeting was a success!
June 18th, Saturday…
At the Management Trainees’ regular meeting… After settling Shang Yang Games yesterday, Pei Qian felt like a great weight had been lifted off of his shoulders. Today, on the way to the meeting, his footsteps felt lighter.
“Everyone, let’s start reporting,” said Tang Yishu once she saw that everyone was present. She gestured for the meeting to start and prepared to take notes in her little notebook. After the meeting, she would convert the meeting minutes into a report.
One by one, the Management Trainees spoke.
“Deposit Fitness’s members are already using the new application, and feedback has been pretty good. The opening ceremony of Fish-Catching Internet Cafe’s Live Esports Museum has greatly improved Deposit Fitness’s reputation. Recently, a good number of customers approached us with questions. The new fitness meals have also arrived…”
“Fish-Catching Internet Cafe’s Live Esports Museum has been a great success ever since its opening ceremony. Although its charges are higher than the previous two versions of the Fish-Catching Internet Cafe, it is still as popular. More and more people are forming teams. I guess that we can organize the first competition in the internet cafe soon…”
“DGE Esports Club has resumed training as per normal. However, the feeling of being sought-after by fans at the opening ceremony has greatly motivated the team members and ignited their fighting spirit. Everyone’s training harder now…”
Pei Qian was speechless as he listened to the Manage Loss Trainees’ reports. His good mood had completely dissipated by now.
Wasn’t this supposed to be a Secret Service meeting?
How did it turn into a funeral?
It’s bad enough that everyone’s telling me things that I already know, but they’re just repeating all the bad news! I went to great lengths to organize Management Trainee meetings, and yet they’re just serving to double the back-stabbing effect!
After getting stabbed in the back at the scene, I have to endure another stab at Management Trainee meetings?
Pei Qian was furious, but he had no choice but to pay attention.
That was because he did not know if there was useful information hidden in those reports. Moreover, the Management Trainees had no way of filtering what Boss Pei already knew from what he did not know yet.
Thus, they could only report indiscriminately. Pei Qian fell into deep thought, wondering if something had gone wrong somewhere…
Advertisement
- In Serial7 Chapters
The Sudden Rise of the Magic Continent
A girl named Aki is an active coder and has a very active imagination and found strange code on a weird website. That code creates a floating status screen in the real world that lets whatever she codes happen to the real world. After creating what would be a magic continent in the middle of the ocean. She removes her memories and lives her life on it experiencing everything she created and gaining memories as she continues. Can also be found on scribblehub at https://www.scribblehub.com/series/266360/the-sudden-rise-of-the-magic-continent/
8 218 - In Serial16 Chapters
Moon: Lost Dreams
"There's a place you go when you close your eyes. A place only for those worthy to accept such imagination. Moon is an almost magically created place for children's dreams. Toys, games, festivals, desserts, are an eternal part of Moon. Take a gondola across the upside down space ocean or play dodgeball with apple pie in the Apple Pepper forest. Every child has the curiosity and imagination to explore and discover new places in Moon's vast system. Moon welcomes and thanks you for being a part of our fantastical world!" Or at least that was what Moon was supposed to be, before it shut down for six months. No one knows why but it's up again and it promises bigger and better adventures, and grander magic. However, after a haunting dream and a missing friend, Lily has a bad feeling she can't shake. Will Moon bring back the imaginable wonders it used to or is there something more sinister waiting for Lily and the dreamers who set foot in the vast dream?
8 159 - In Serial25 Chapters
Strongest NPC Returns as a Player ( A NPC Evolution LITRPG)
'Apocalypse' A deep dive VRMMORPG game renowned for its high-class graphics and player-friendly quests became a hell as one day an unknown NPC appeared, wreaking havoc and annihilating everything that came into his path. 90 million players allied under the banner of the Top Rankers, the strongest players to ever exist but were annihilated by the powers of the NPC. Left with no choice, the leader of the alliance, the Spear Master faced the unknown NPC alone and somehow came victorious. But little did he and the whole world know that the NPC who became a nightmare for them returned as a 'Player'. "Wait for me as I annihilate you and your world." Follow the story of the NPC-turned-Player as he discovers the cruel truth behind the game and his own existence and become the Strongest of the 'Apocalypse'.
8 186 - In Serial85 Chapters
New Paris [a Modern-day LitRPG]
New Paris [OR] I reincarnated into the world of my favorite wuxia novel as an S ranker with unbalanced skills. [Volume 1] - Completed I was one of those people who only stood out in a crowd when their name was called. Then, I died. But instead of heaven, hell, or anything else, I found myself in the body of a young woman whom I did not recognise at first. You see, I had this novel I was obsessed with. The novel was a fairly popular wuxia that got a few sequels, and a handful of spinoffs. One of these spinoffs took place in Paris, where the main cast fought against a multi-millionaire villain. When I woke up after dying, I eventually realised that I was now the third daughter of this multi-millionaire end-game boss in a spin-off of a sequel of my favourite novel. Does this make any sense to you? Because it doesn't to me. But I guess I might as well make the most of it now. Just gotta stay away from some of the more unstable main characters and cut all ties with my 'family' to avoid certain death. [Volume 2] - Currently Airing It had not been a good idea to interfere with the characters of the original novel. Had I known it was going to cause a butterfly effect, I would have stayed in my lane and minded my business. Although, between the suspicious attacks I seem to constantly find myself in the center of, and my 'family' who is the living definition of the expression 'rich pricks', I’m not entirely sure my current predicament would have been avoidable. But maybe it isn't to be avoided; maybe I should embrace this opportunity that has been given to me and become the hero of this story? At least it's certain that I can't do worse than the original protagonist in terms of moral ambiguity; with immortality already in my pocket, and no other useful skills to account for. However, if I were to follow this path, I would have a lot to lose, including an upcoming promotion and my growing relationship with my crush. With power, glory and whatever else on one side, and my wellbeing and happiness on the other, even in this magical wuxia world, the choice is easy to make. CW: graphic descriptions of violence, swearing, implied child abuse, mention and graphic description of suicide
8 141 - In Serial31 Chapters
Bullied by magcon
Karma Hope Thompson, that's my name. My life is anything but happy, I'm depressed, my dad is a bit of an achohalic, my mom is to scared to do anything, oh and I'm relentlessly bullied by 9 guys.
8 60 - In Serial4 Chapters
☆Join In☆ | ChanHyunIn
"Their youngest member stood in the door frame, his mouth had fallen open in complete and utter shock and disbelief. "°°°°°°Stray Kids' leader Bang Chan and main dancer Hyunjin have been together in a 'friends with benefits' relationship for a while now. They were always careful to keep their secret hidden. But not careful enough.⚠️WARNING⚠️This book contains a threesome!!!If that makes you uncomfy DO NOT READ :)
8 68

