I was in my final year of high school, and my deskmate found out I was writing a novel!
Chapter 210 Market Value Soars
To be honest, Ye Feng didn't expect this game to become so popular, and so quickly.
In less than a month, it has already attracted phenomenal attention. Before, most people in internet cafes played League of Legends, but now it's different. PUBG is slowly taking over the screen.
Furthermore, this game has also gone international through Tencent's channels, although it has only been a short time and while it has received positive reviews, it has not yet been widely promoted.
"Ye Feng, Ye Feng, look!"
Miaomiao ran over excitedly, wearing bunny slippers, and put her phone in front of him.
"Look at this! The news says your game's valuation is almost over 10 billion!"
"Hehe, I didn't expect this game to become so popular. But in the end, it's all thanks to the good publicity beforehand. Otherwise, even if it was going to become popular, it wouldn't have happened so quickly."
Actually, when the first game became popular, Tencent came to talk to them, but at the time they only paid a little attention to it. After all, the game didn't quite fit their company's style, and they weren't too interested in the small amount of money it would make.
After that, Ye Feng became more cautious. Everyone knows about penguins; if they try to steal from him, there's nothing he can do.
So, he thought of raising funds.
At the time, the game's revenue was quite good, and investment banks happened to approach them. Ye Feng then asked someone to call over the people from Tencent as well.
It's estimated that since several major investment banks were involved, Tencent invested in some of their projects, and then followed up with the first and second rounds.
Your company already owns shares in the other company, although not a large amount, but you can't copy it now, right?
Moreover, the other party also provided a lot of resources for publicity.
When PUBG was first created, the other party came to see it and immediately took a liking to it.
Then I thought I'd buy it for them.
But how could that be possible? No one in the company was willing, so the other party didn't say anything more, since the alliance belonged to their company.
Then, once the game was released, it gradually started to encroach on the League's territory, which made Tencent unhappy.
I initially thought these were two different types of games and that there wouldn't be much competition between them.
However, a person can only play one game at a time. If you play PUBG, you won't have time to play League of Legends!
And what's more, this thing gets more and more addictive the more you play with it; you can jump over fifty parachutes in three hours! Isn't that fun?
So, Tencent simply withdrew the promised promotional material.
How can this be allowed? This is precisely the time of our fastest development!
Moreover, Ye Feng was worried that the other party would directly resort to plagiarism, so he had no choice but to privately transfer five percent of his shares to them.
Although he resigned and lost all his positions except as a director, he couldn't simply walk away from the issue. After all, the more valuable the company was, the more beneficial it would be for him.
This 5% directly brought him 500 million yuan in cash; Tencent gave him the cash directly!
This amount of money is really nothing to the penguin, and there's no need to play any tricks on him.
Then, Ye Feng's shares are now only 37%.
That's enough for him; after all, if he didn't give away that five percent, who knows what the penguins might do.
Actually, the other party initially wanted to take away all the shares he held, but Ye Feng wasn't stupid.
When the other party learned that both games were created by him, he felt that it wouldn't be right to take them both away.
Both games were successful, the second one being a phenomenal hit, so what about the third?
So, the other party reluctantly accepted it, since it was using Tencent's channels after all, and they could still make a profit.
That's how Ye Feng was able to keep more than 30% of the shares he held and still manage to tie the other party to his side.
In fact, the valuation of the company as reported by the outside world is too conservative. The capital market has already valued it at 15 billion and it is still growing.
If they hadn't been preparing for an IPO all along, their valuation might have been even higher in another round of listings.
Ye Feng didn't tell anyone about it. Anyway, before the company went public, nothing he said mattered.
"Just wait, the market value will be even higher after the IPO. By the way, have you decided where you want to go?"
"I haven't decided yet. Didn't you say you'd only have time after the IPO?"
"Let's wait and see. Besides, it's only a few days away. It's just that I'm going to ring the bell, otherwise we could go now."
"Hehe, ringing the bell, how interesting!"
"I'll take you up with me then, you have shares too, don't you?"
Miaomiao also has shares, but very few, since she was also busy with everything back then.
Ye Feng was definitely too embarrassed to say it at the time, since Miao Miao was doing all the logistical work and also helping with online promotion.
It was Chen Guowei who suggested it, and after declining three times, he gave Miaomiao one percent.
However, after two rounds of financing, only a fraction of a percent remains. It will definitely be better after the IPO, but it's better than nothing.
"I'm not going. I'm just here to observe."
"Go ahead and go up. I heard that several people can go up."
"No, no, this is your success, you should enjoy the fruits of it. I'll think about what to do, and I'll just watch you from the audience."
Miaomiao is quite sensible; she knows that this doesn't belong to her, but to the founding team.
"Okay, I'll be free after the bell rings. I'll go with you wherever you want then."
Although he doesn't need to go to the company every day during this period, the handover cannot be done all at once; it must be done gradually.
If anything happens that Lin Wei can't handle and needs to contact him, he has to go too.
However, after more than a month of handover, he gradually had more free time.
Ye Feng was looking at cars again, but this time it wasn't a sports car.
He's been driving his 5 Series for four or five years now and is getting a bit tired of it. Electric cars seem pretty good now, so he's planning to get one and try it out.
That's the advantage of being rich! You can buy both electric cars and gasoline cars, and drive whichever one you want without having to think about which one is better or worse.
With electric cars, there's not much to consider in terms of choices. He doesn't plan to buy anything too expensive, a few hundred thousand will suffice, and he can just drive it casually.
Miaomiao was much more interested this time. Although she doesn't drive, she often sees videos of nice cars while watching them.
Seeing Ye Feng looking at the tram, she offered a lot of advice.
"This is great! Look how big the screen is! There's more in the passenger seat, and in the back too, you can even watch movies there!"
Miao Miao gets all excited when this is mentioned. She may not know much else, but she knows this car has many functions!
She doesn't drive, and with the zero-gravity seat and the screen, she'll be so comfortable in the car from now on!
"Okay, okay, let's buy this one. I think the car looks pretty good."
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