Losing Money to Be a Tycoon - Chapter 123
Chapter 123: A Hopeless Boss Pei
“This site… its name is Aili Island?” Pei Qian looked at Huang Sibo as he tried his best to not appear shocked.
Huang Sibo nodded, “Yet it is. Piecing together the syllables in English for ilid, this site is called Aili Island.”
Pei Qian was speechless.
You actually still seemed to make some sense!
“Alright, Boss Pei. We will make a move first. These few days, we have to properly consider the future of Fei Huang.”
“Hope that Boss Pei’s Daily Life and Game Designer can both make killing profits!”
Huang Sibo and Zhu Xiaoce ‘cursed’ as they kept their equipment and left.
The entire office was filled with jubilation and a harmonious atmosphere!
Pei Qian went back to his own office, stunned. He quietly sat in front of his computer and entered the Aili Island website. The web page loaded. Seeing the familiar page in front of him, Pei Qian was now certain.
This was indeed this world’s B-Site!
Pei Qian hurriedly used the Qiandu search engine to find out how the site was doing. Alas, after he searched, his heart sank deeper.
Aili Island was the earliest bullet-screen video website. Although it had only been established recently, its momentum was rather fierce. It was now going up against Potato Web and other traditional websites! Furthermore, Aili Island also had something different from the B-Site that Pei Qian knew; it was rich!
Although it was still making a loss now, it was an independent video company that Shenhua Corporation and Qiandu had jointly invested in. That was how it could have such strong finances to spend a huge amount of money to purchase exclusive, popular drama series!
More unfortunately, as Qiandu had also invested in this website, regardless of what one searched on the Qiandu search engine; the Aili Island video website would always be prioritized as a search result.
“An enhanced version of B-Site?
“B-Site combined with iQiyi?
“Finished…”
Pei Qian leaned on his chair; he was feeling very unwell. He had thought that only at eight tonight would he announce his death sentence; now, he realized that the writing was already on the wall! This was a loss as a result of him not being familiar with the environment!
Pei Qian had been rather attentive to this world’s video websites; he was especially mindful of the websites that started with A and B. However, never would Pei Qian have guessed that this world’s B-Site had actually been written backward—from Bilibili to ilidilid!
Together with this ludicrous Chinese name for this site, Pei Qian had mistakenly thought that this was a site that would crash and burn very soon; he had not paid much attention to it!
Now that things had come to a head, it was very embarrassing for him.
After sitting in a daze for a long while, Pei Qian was a little hopeless as he summoned the system screen.
<Wealth Conversion System>
<Owner: Pei Qian>
<Profit Conversion Ratio 100:1. Loss Conversion Ratio 1:1>
<System Funds: 710,000 (↓290,000)>
<Personal Wealth: 48,223.5>
<This Week’s Special Task: The company needs to own a physical shop house that is situated near a bustling city district or a university. [Complete]>
<Special Task Completion Reward: Additional Ten Percent above the final converted amount.>
From the looks of it, the system was still experiencing losses.
However, this would not be the case for long!
From the previous settlement to date, Pei Qian’s primary income had still been Ghost General and Ocean Stronghold.
As he had not created any new purchase options, Ghost General’s income had started to slide. However, at least a million in revenue still came in monthly while profit was at six to seven hundred thousand.
As Ocean Stronghold continued to benefit from an ever-rising number of active players, its monthly revenue was on a rising trend. Revenue was now almost seven million while profits were at three and a half million.
Although the game only sold one Red Kilin, there were just so many FPS players in the domestic market!
Currently, Ocean Stronghold was one of the leading FPS games domestically; it was converting Counter Strike players in droves. As Tengda kept on acquiring new servers and increased bandwidth—with more and more players joining, this game’s revenue had not only not dropped but was showing signs of rising!
After all, FPS games were known for their longevity. In two and a half months, these two games had brought Pei Qian around nine million in profits! Together with the initial million in the System Funds, that was a total of more than ten million.
Furthermore, when it came to current expenditure, he had:
Fei Huang Workspace, one million;
Game Designer, three million in development;
Game publicity and the money for sponsored partnerships, another three hundred thousand;
Fish-Catching Internet Cafe, three and a half million including three months’ rent;
The company’s monthly rent was below four hundred thousand while employees’ monthly wages amounted to two hundred thousand. Together with all miscellaneous expenditure, these amounted to eight hundred thousand monthly or around two million in two and a half months.
All expenditure added together was around nine million and eight hundred thousand!
Of course, Pei Qian wasn’t bothered with the exact figures; the company accountants would naturally do those up. Pei Qian only had to look at the figure in the System Funds and then make plans on how he was going to continue spending money.
Originally, he had been in good control of the numbers and had successfully pushed the System Funds to below eight hundred thousand.
Before this month’s settlement, as long as he did one more large-scale splurge, giving all his employees bonuses while going on a shopping spree himself; he could control the System Funds to around a hundred thousand. That would mean that he could safely get more than eight hundred thousand in his own pocket during the next settlement!
However, there was a premise: the new game, short videos, and internet cafe couldn’t make money or couldn’t make much money! Like the internet cafe that was losing three hundred thousand a month; that fulfilled Pei Qian’s requirements very well!
However, problems arose.
Although Boss Pei’s Daily Life had not been fully released—based on its popularity now, that would bring in at least a million. Of course, Pei Qian would not want this whole sum. However, he had to take some at least, or else the system would not let this go.
Game Designer’s sales had also continued to rise exponentially. In the remaining half a month, at the very least, it would sell two hundred thousand copies!
Added together, these two projects would bring in more than three million!
While the internet cafe could continue to bleed—in the face of so many other sources of revenue and profit, it could not amount to much use.
If Pei Qian did nothing from now on, optimistically, he would still make two to three million in the end.
If he was pessimistic, he could even end up with four to five million.
If the profits were four million and were converted into forty thousand as Pei Qian’s Personal Wealth—as he only had less than fifty thousand now, that was actually not bad. It was better than nothing.
However, the crux was in what that was in comparison to!
If he incurred losses, he could get seven to eight hundred thousand added to his Personal Wealth; that was a difference of at least ten times!
Pei Qian sighed sorrowfully. He couldn’t do anything now and could only leave it up to fate.
If the numbers were just like the previous time, Pei Qian definitely could organize another shopping spree and bonus splurge.
However, with the situation being such now…
He could only take one step at a time.
Pei Qian felt a little anxious and worried.
Didn’t I have a triple-layer insurance plan…?
How did things end up like this…?