Chapter 407 - Discouraging Investors (1/2)
January 26th, Wednesday…
Dream Realization Ventures…
Pei Qian sipped his tea, wandering beyond the sky while listening to He Desheng’s report. Pei Qian felt a little empty even though he should be very happy now that Ruan Guangjian was gone and the last of his exams were over.
There was one more week to Chinese New Year. Most of his classmates had returned home, but Pei Qian had to continue working hard in the office.
Why did he have to suffer so!
He wanted to delegate to someone else, oh no, just let it all go… but there was no way. It would come back to haunt him.
There were two activities for Dream Realization Ventures. One was the IOI’s local server, and the other was ‘Top Student, Come Quick’ app.
At present, the testing conditions of IOI in Europe and the United States were pretty good. Theoretically speaking, they had to start preparations for the local server.
At this stage, many local games companies had noticed IOI gaining momentum in the Europe and America testing period. They were trying to win the agency rights of the local server as soon as possible.
They only realized that the agency rights had been given when they went to ask Finger Games about it.
Therefore, they could only hope that Dream Realization Ventures resell the IOI agency rights for its local server.
The prices offered naturally increased with the ample demand.
“Boss Pei, so do we… sell?” He Desheng ended the long report, finally touching the questions of the soul.
Pei Qian was silent for the moment. “Tell me what the highest offer price is now again.”
He Desheng, “35 million yuan.”
Pei Qian put down his teacup silently, wanting to lament the heavens.
Thirty-five million yuan!
I
The rights for the local agency in the hands of Dream Realization Ventures was a sweetener when he bought Finger Games.
At that time, it only cost Finger Games 20 million yuan to buy 20% of Finger Games’ shares. The shares were still in their hands. Just selling the agency rights for the local server would get them 35 million yuan.
Such speed of churning money.
Pei Qian shook his head immediately. “Reject all of them, not selling!”
Pei Qian knew very well that he would not be able to make a loss in this cycle if he were to sell it!
What could he do to spend more than 30 million yuan more now that he was two months away from the settlement? It was too risky!
Therefore, he must not sell it!
He Desheng agreed deeply, “Yes, I think so too! 35 million yuan is too little. You can definitely sell it for higher if you were to hold it in hand for a while more!”
Pei Qian, “?”
He Desheng continued with joy on his face. “Boss Pei, I did my homework. Agency fees paid by local games companies for foreign games are reaching astronomical figures! “The agency fee for the previous version of Fantasy World was 30 million US dollars, nearly 200 million yuan! “If that’s the case, IOI popularity in the future might even reach the level of ‘Fantasy World’. They want to buy from us at only 35 million yuan now? Not possible!
“Of course, this is also because IOI had just started its testing phase, and Finger Games itself is virtually unknown.
“In short, we don’t need to worry now. The agency fee will definitely increase again as long as IOI’s popularity abroad continues to swell!”
Pei Qian was speechless.
We’re thinking about two different issues, alright!
Pei Qian’s thoughts were on the settlement of this cycle going down the wrong way if he were to sell it now. There would be no place to spend the 35 million yuan so it could not be sold now.
On the other hand, He Desheng thought 35 million yuan was obviously still too low-that the price would still increase!
Pei Qian felt like selling instead after hearing He Desheng’s words.
However, he gave it some thought and decided that he should not sell.
In the short term, selling would affect the settlement. Looking at it in the long term, however, if IOI could really make billions of yuan; then why wouldn’t Pei Qian just simply lie down and make the money.
After thinking about it for a while, Pei Qian said, “What I mean is that we cannot sell it. We have to open another company to be fully responsible for the operation of the IOI local server!”
He Desheng was stunned momentarily before nodding his head immediately. “That’s good as well! We’ll be able to hold this cash cow in our hands and let it spin money for us then!”
Pei Qian was speechless.
Think whatever you will! I don’t want to explain anymore! So tired!
Pei Qian decided to set up his own company to operate IOI’s local servers mainly for two reasons.
First, it would be suspicious if he obtained the agency rights for the local server without selling it or doing anything himself.
Second, operating it himself meant he could spend more money!
The server requirements for IOI and GOG as a real-time battle game were amongst the highest amongst Tengda Games’s current games. A huge amount was bound to be spent for the server fees.
At the same time, IOI’s initial publicity would definitely require a lot of money. This way, he could at least be guaranteed a loss during this period. As for the future…
If IOI did become a cash cow and ended up making so much that he could not make a loss, then Pei Qian could simply let it sit. He would then make a profit conversion ratio of 1000:1 to earn some pocket money.
Pei Qian did not want to think too much about the problem of IOI. He could not sell it now anyway so he could only grit his teeth to do it this way.
“Anyway, there’s no need to hurry. We can wait until after Chinese New Year.
“What about ‘Top Student, Come Quick’?