I was in my final year of high school, and my deskmate found out I was writing a novel!
Chapter 236 Negotiations Complete!
"Mr. Ye, it's all done!"
A week later, Liu Wei called, her voice filled with uncontrollable joy.
Ye Feng was naturally very happy to hear this, but he was about to face the wrath of Tencent.
But so what? This step is inevitable, unless they humble themselves and become each other's branch offices.
"That's good. I guess you can handle the rest now. Just do what you can. But you must keep a close eye on the quality of the game. Time is important, but quality is more important. You've been with me step by step, so you should know that."
"Yes, I will. I won't ruin the reputation you've worked so hard to cultivate."
"Then I won't worry about it. You can handle the rest."
The rest is actually quite simple, and there's no need to avoid it.
For example, penguins would never let this matter pass so easily; they would definitely try every means to stop it.
However, both parties were very willing to cooperate and had a very strong desire to do so, leaving them with no choice.
For example, right now, the manager in charge of this matter at Tencent is sitting in the department's large conference room with a dark face, and everyone below is trembling with fear.
"Manager Luo, how about we...lower our requirements?"
"Hmph! Do you think they're fools? No matter how low our demands are, they won't agree. They're more worried about being manipulated by us later!"
"Our group owns shares in their company, so perhaps..."
"Don't even think about it. The group won't get involved, especially those guys in the investment department. They won't easily interfere with the operations of other companies."
"Isn't this what we're investing in other companies for? If we don't use it now..."
"Well, because we couldn't interfere, our company didn't have many shares in the other company. The founding team still held a lot of shares, and... their shareholding structure was set up at the time."
"So, we'll just leave it at that?"
"Of course not. I'll discuss it with Mr. Liu again. Sigh, we were a bit too pushy back then. We should have taken it slower. By the way, how's their game development going?"
"The production aspect isn't too difficult, but we need to avoid copyright infringement, which will take some time."
It would be too easy for Tencent to copy a game because they have enough talent.
However, Penguin's copy is not a simple imitation. They upgrade the game, develop more gameplay, and circumvent legal issues related to plagiarism, which makes it a bit slower.
More importantly, this game is meant to be played on a mobile phone, and its size and performance are incomparable to those on a computer.
"Hey, why don't you go and urge them again? They're almost done releasing it now, and it's the original version. We're already going to be accused of plagiarism, and if we're too slow, we'll be in a very passive position."
Sure enough, Tencent also requested a board meeting. Although they knew it was unlikely, what could they do if they didn't try?
But it's actually useless.
Liu Wei spoke with each of the directors individually, discussing the company's future development.
For PC games, we will definitely still have to cooperate with Tencent. There's no other way; they've practically monopolized the market. Using their gaming platform is more convenient and also helps with promotion.
Regarding mobile games, the current collaboration is definitely with Zhifubao. The deal has already been finalized, and the profits demanded by Tencent are too high, which is not in line with the company's interests. As shareholders, they will naturally prioritize their own interests.
So, unsurprisingly, nothing happened at all on the penguin side.
After the meeting, Ye Feng was about to go home when he was stopped by several board members.
These people are actually from investment institutions; they just hold the position of company shareholders, that's all.
She grabbed Ye Feng, refusing to let him leave.
"Mr. Ye, let's talk."
"Yeah, it's been so long."
They must have something to ask him, and Ye Feng could guess what it was because everything had been arranged.
Zhifubao definitely wants to acquire company shares. This isn't about a sense of security, but rather because it's a very good opportunity, and they are very optimistic about the company's future.
However, none of the shareholders would agree to the private placement. The company has so much money in its account that it has nowhere to use it, and it is thinking of distributing the money and building a headquarters building.
The most crucial point is that Zhifubao (a wealth management product) doesn't really offer much help to the company; they simply lack relevant experience.
So, the original agreement was that the shareholders would jointly contribute a portion to the other party, but the deal hasn't been finalized yet.
The penguins absolutely refused!
Nonsense! They think they have too little of their share, and you expect them to give it up? Are you kidding me?
Several investment institutions are certainly unwilling, especially when the company is developing rapidly. Do they have a grudge against money or something?
However, they did want to build a good relationship with Zhifubao and were thinking of contributing some of their own shares. But it was only nine percent, so they were thinking of getting Ye Feng to contribute more, since he had a larger shareholding.
The company's equity structure is somewhat similar to dual-class shares, but it's not quite that extreme.
At the time, the company was not short of money, he still had a lot of say, and he was not in a hurry; he was purely focused on going public.
But these investment companies aren't small companies either; they're unlikely to let Ye Feng infringe on their interests so easily.
However, although Ye Feng holds initial shares, they will automatically change to the next category once he sells them, which worries them.
In a private club, five people sat around a table while a waiter helped them make tea.
After the waiter finished their work, they automatically left the room and closed the door for us.
"Mr. Ye, Zhifubao needs nine percent of the shares. Aren't you planning to extract some money from it?"
"Sure, I was just planning to move to a new house and buy a few cars, but not too many. I have a lot of faith in the company."
"Of course... We are very optimistic about it too, but... we don't have a large share to begin with."
"It's alright. If we split it among ourselves, each of us only needs to contribute a small portion, which means you can all pocket the profits, right?"
"You can't be too sure about things. I think the company will reach over 100 billion in revenue soon."
Ye Feng pursed his lips. Anyone can say nice things, but a trillion... who knows when that will ever come.
Moreover, this also falls under the cultural industry. If the company's current games falter and no new ones follow, then a rapid collapse is inevitable, without even a thought.
Ye Feng did want to cash in the money, but he couldn't think of where to put it.
You can't exactly put your money in a fixed deposit account, can you?
If he actually dares to withdraw the money and put it in a fixed deposit, he'll be driven crazy by the annoyance!
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