Losing Money to Be a Tycoon - Chapter 1503
Chapter 1503: Informing Charles In Advance
Translator: Atlas Studios Editor: Atlas Studios
March 4th, Monday.
Pei Qian sat comfortably in the boss chair in his office and listened to Eric, Meng Chang, and the others reporting the progress of acquiring Finger Games over the phone.
Allin all, everything was going quite smoothly.
Dayak Corporation had decided to sell Finger Games because they really wanted to sell it and wanted to get away quickly. Naturally, they would cooperate fully.
Dayak Corporation did not mind that Tengda Corporation was going to pay in installments. After all, the money would not be a single cent less. It was impossible for Tengda Corporation to go back on their word. What’s more, everyone knew that Tengda was a high-speed cycle. It was unrealistic to take
out such a huge sum of money all at once.
However, the situation was more complicated for Finger Games.
The composition of some of the upper echelons in Finger Games was complicated. Their reactions were naturally different when faced with this matter.
‘The first was parachuted in from Dayak Corporation. For example, Eric used to belong to this category. After that, he might leave Finger Games and return to Dayak Corporation. These people’s attitude was the same as Dayak Corporation. They were just doing business and going through the motions.
The second was a high-level executive like Chrétien, who was a designer or a technical background. Their attitude was more complicated and they were more resistant emotionally. However, since they had changed bosses, they could only accept it;
The third was that upper echelons who held shares and really had real power like charles were very unwilling to accept this fact. They would definitely try all ways and means to obstruct Tengda. They were not willing to become vassals. They hoped to negotiate with Tengda and maximize the autonomy of
the management company.
Dayak Corporation had already entered the process stage. However, how to absorb Finger Games into the entire Tengda system after acquisition was the most serious problem at the moment.
‘The four-man team had two choices now. One was to return to China. After all, they still had various positions in Tengda Corporation and had many other things to deal with. The other was to go to the United States to take over and modify Finger Games.
Of course, anyone could take over and modify it. They could go at any time. Even if they did not go, they could leave Finger Games to continue managing themselves.
The specific choice would depend on Pei Qian.
After listening to everyone’s report, Pei Qian pondered for a moment and asked, “Is he not cooperative?”
Eric nodded. “Of course, that was expected.”
“He was almost about to become the true owner of Finger Games. What’s more, he could increase his money by hundreds of times over the years by relying on his capital operations for Finger Games. In the end, Tengda intercepted him at the last step. Especially when he tried his best to lower the price
and ended up benefitting Tengda. That was obviously unacceptable to him.”
“Not only that, his power in Finger Games has also decreased. After all, even though Dayak Corporation had been giving instructions to Finger Games previously, they were basically only concerned about the profits. Finger Games’ upper echelons still had full autonomy over some specific game design and
operations strategies.”
“Now that Tengda Corporation has taken over, he can foresee that we will definitely take back his power in all aspects. It’s unlikely that he will continue to be a local tyrant in Finger Games. That will definitely make him very dissatisfied.”
“His current approach should be to unite with the other upper echelons and think of a way to make Finger Games’ upper echelons look like an iron plate. He should strive for independent operating rights as much as possible and reject us from interfering too much.”
“Not only that, he also has to hold on to his shares tightly and wait for Finger Games’ share price to rise. He wants to make a huge profit and make up for his previous losses.”
Pei Qian could not help but snicker.
The previous losses? Where were the previous losses?
Could it be that Charles felt that it was a loss that he did not successfully buy Finger Games and was intercepted by Tengda?
That was true. That was what capital thought. The money that they did not make was a loss.
It looked like Finger Games still had many diehard fans. It would be a little troublesome if other companies took over such a company.
That was because other companies’ acquisition plans would definitely be optimistic about the future of this company and hope that it would continue to make money for them.
Since he wanted it to continue earning money, he had to show full respect and autonomy to the upper echelons of the original company. He could not interfere and cause trouble.
Otherwise, if he really forced away the upper echelons who knew the company’s situation the best, and he parachuted a group of people over, the final outcome would often be that things went against his wishes. He would quickly make the company go downhill or even collapse to the end.
Thus, in order to allow the companies that they had acquired to continue earning money, they would usually be cautious after acquiring. They would appease these upper echelons and tell them that they still had a lot of power. They would earn more money. They would continue to work hard. Our
cooperation was bright, and the future was limitless.
It was also for this reason that the upper echelons of the companies that were acquired would often work together to protect their power and status, asking their parent companies for as much autonomy as possible.
This was a common game.
If the parent company felt that they would not be able to play well if they were to get rid of all these higher-ups, they would be forced to compromise and temporarily accept these people’s conditions. Then, they would slowly change them when the conditions were ripe.
However, it was a pity that the group from Finger Games met Pei Qian.
Did Pei Qian buy it because Finger Games made money?
No.
‘Would he rely on Finger Games to continue earning money after acquiring it?
He did not expect that.
Would Pei Qian be disadvantaged even if he opened all these higher-ups?
Not at all.
Since that was the case, why did these people think that they were qualified to talk about conditions?
After some consideration, Pei Qian said, “How about this? The other three people will come back. Eric, go to Finger Games and take over the CEO.”
“If these higher-ups are obedient, then forget it. Keep them. If they are disobedient and even want to take you down, then fire them all!”
“Lhave something big to do next. I don’t allow any opposition from Finger Games.”
“As for those who have shares like Charles…”
“Tell them that we can sell all our shares to Tengda at a premium of 10%. If they don’t sell them, Finger Games’ share price will plummet. Don’t blame me for not informing them in advance.”
‘The four people on the other end of the line were obviously shocked.
Finger Games’ share price was going to continue to plummet?
How could this be?
One had to know that the share price of Finger Games had been at a historical low point because of the several stunts that had caused gamers to complain.
After learning that Finger Games had bought over Tengda, the share price had immediately increased, but the increase was limited.
It was because Tengda had decisively made a move to allow the capital market to regain confidence in Finger Games: At the very least, Tengda recognized the value of Finger Games.
In the MOBA game market, Tengda knew the most. They all wanted Finger Games, which showed that this share was in a low position.
The increase was limited because Tengda had not revealed any follow-up measures against Finger Games.
Everyone was also guessing if Tengda was going to play left and right, turn something rotten into something magical, and turn Finger Games into a giant again? Or was it going to hide Finger Games and become GOG’s stepping stone?
‘The difference between these two possibilities was too huge. Thus, the capital market was still waiting for Tengda’s signal and was unwilling to act rashly.
Under such circumstances, Boss Pei actually said that Finger Games’ shares were going to plummet?
Wasn’t that shrinking his own wealth?
Finger Games had just spent a billion yuan to buy it!
This move was really unpredictable.
Meng Chang was especially shocked. He even broke out in cold sweat.
Then, he felt relieved.
‘That was because according to his and Fan Xiaodong’s original plan, they would short it first and then make more. They thought that charles would release negative news to lower Finger Games’ share price to facilitate the transaction. However, Finger Games’ share price would definitely increase after
Boss Pei made his move.
After that, Meng Chang thought about it and decided to only make empty money. The subsequent operations might involve internal transactions. There were certain risks and it would easily arouse Boss Pei’s disgust. He gave up.
Now, he realized that giving up was right!
If he did not give up, Boss Pei would make a move to cause the shares to plummet. He and Fan Xiaodong would have to spit out everything that they had earned previously!
Boss Pei was the God of Investment.
Therefore, don’t second guess at Gods!
Anyone who thought that they were smart and saw through Boss Pei would ultimately obtain a tragic lesson.
Meng Chang could not help but feel excited for his wise decision and rejoice that he had escaped.
However, he still could not understand. Boss Pei had just spent a huge sum of money to buy Finger Games. The first thing he did was to destroy his own business? To reduce his money?
According to the brain circuit of ordinary companies, the first thing they would do was to release some good news to increase the share price and make the capital market look good again!
Boss Pei’s courage was not something that ordinary people could possess.
Eric nodded. “Alright, Boss Pei. I’ll tell him truthfully.”
Pei Qian said, “You’ll have to work harder during this period. Stay at Finger Games for a while. I have other things for you to do in the future. Leave GOG’s operations to the other people in the project team to keep an eye on them for you.”
“Let me know if you need anything.”
Eric nodded. “Alright, Boss Pei!”
Eric’s status in Finger Games was basically equivalent to the emperor.
Eric was deeply moved by Boss Pei’s high regard.
He might have been a high-level executive sent by Dayak Corporation to Finger Games and was parachuted in to be the person-in-charge of the China region, but he was still far from being comparable to Charice.
After all, he was not only the CEO of Finger Games, but he also had a good relationship with the upper echelons of Dayak Corporation.
What about now? Their positions were completely reversed.
He could only say that times were different!
Everyone might not know what earth-shaking big thing Boss Pei was going to do but Boss Pei must have thought about it carefully.
He just had to wait patiently!