NOVEL SIMPLE The youngest son of the chaebol family, Mo Hyun-min
Chapter 75
In the face of Mike Möllheim's refusal, Chen Daojun did not get angry, but continued towards him, "Then in a different way, how about I invest?" An excellent game company not only needs to invest a lot of money in research and development, but also needs more funds for publicity, in order to play a great response and effect. And I can invest a lot of money, and all you need to pay is a part of Blizzard's shares. Chen Daojun can't make a plan,
regenerate a plan, if you can't buy Blizzard now, then retreat to the second, invest in the shares. And it's not just Blizzard, but other potential game companies, he plans to do the same.
I have to say that for Chen Daojun's proposal, Blizzard, which is not very optimistic about the company's financial situation, is undoubtedly a blessing, and Mike Mörheim, as the CEO, is quite moved by it. Now the company wants to expand, develop new games, promote existing ones... All of this requires money.
Although he has confidence in the game developed by Blizzard, without good publicity and sales channels, it is difficult for Qiao Nu to cook without rice.
“...... How much do you plan to invest? Michael Möllheim eventually took a step back and chose to compromise with reality. Perhaps the introduction of investment can make Blizzard Entertainment develop better and faster.
"I can invest $5 million, and you need to give me 35% of the shares." Chen Daojun recalled the current operation of Blizzard and offered a moderate price.
Of course, Mike Möllheim will not be satisfied with this, 5 million dollars will take away 35%, how can this be!
"$4 million, 15% shares!"
"No way, the price is too high! If I'm remembering correctly, your Blizzard company made less than $400,000 last year. Chen Daojun shook his head, the other party's lion opened his mouth, if he directly agreed, would he be wronged!
"$3 million, 20% shares!"
"No, this price is too low!"
......
After more than ten minutes of haggling, Chen Daojun finally won an 18% stake in Blizzard for $3.3 million, becoming the fourth largest shareholder after the three founders.
......
After successfully acquiring shares in Blizzard Entertainment, Chen Daojun soon moved to another game company. It's just that unlike the newly founded Blizzard, Westwood Studios is in turmoil. As the big brother of the game industry established in 1985, it did not mix like the beautiful National Art Company, but struggled, even if the release of the popular "Red Alert" in 1996 failed to change the decline and was acquired by Electronic Arts in 1998.
This time, Chen Daojun put forward the idea of acquiring the company, which was unanimously recognized by the company's senior management. You know, over the years, their life has been too difficult. Although they have created many excellent works, their R&D funds and other expenses are huge, resulting in the rapid consumption of the company's funds, and the phenomenon of making ends meet often occurs.
Now Chen Daojun, the "big dog household", is here, and he said that he wants to buy it! Isn't this a rich man who delivers to the door? The two sides quickly met each other, and the price was quickly agreed.
Chen Daojun was also a little puzzled by the fact that the acquisition was so smooth, and he thought that the other party would refuse to be acquired like Blizzard's Mike Möllheim. But after the other party told him the internal situation of the company with bitter tears, Chen Daojun couldn't help but complain that this group of guys was a bit of a pit.
A group of game developers who have started to engage in game research and development, can be described as regardless of the cost, although the game creativity and gameplay are very novel, but the research and development funds have not fallen behind.
"It seems that you have to find a few professional financial personnel to manage." Chen Daojun said with emotion. He bought this company for their future classic "Red Alert", not to burn money!
......
By the time Chen Runji, Chen Daojun and Chen Hengjun took a flight back to the country of Bangzi, it was already five days later.
Miracle Group.
"Boss, as you expected, in order to win Handao Steel, Shunyang Group and Daying Group have been fighting a lot these days! Even the two major chaebols wanted the banks to lend money. At present, Daying Group is temporarily ahead with a quotation of 700 billion won. Wu Shixian reported to Chen Daojun in the conference room.
"700 billion? Can they still come up with so much money? This was a bit of a surprise. Chen Daojun was a little surprised, in his prediction, 600 billion should be the limit of the Daying Group at this stage, no matter how much they need to mortgage the company's shares, it is inevitable that the gain is not worth the loss.
"It should have been 600 billion points, but they didn't know where they got the aid again." Wu Shixian was a little puzzled, there should be a lot of people who can get this money, but now the Daying Group and the Shunyang Group are deadlocked, and as long as the other chaebols are not stupid, they will not rashly stand in line and mix in, so as not to get into trouble themselves.
"That money should be from Shunyang Fire Insurance." My second uncle, Chen Dongji, will definitely not sit idly by and watch Chen Yongji successfully take Han Dao Steel. If he succeeds, then Chen Yongji will definitely sit in the position of vice president, what chance does he have? Chen Daojun recalled the original plot, and soon thought of Chen Dongji, who was quietly engaged in small actions behind his back.
"Are you saying that Chen Dongji privately supports Daying Group?" Wu Shixian was completely stunned by this news, in his opinion, even if there was a conflict between the Chen family, it was a family. But Chen Dongji colluded with the Daying Group and calculated his pro-big brother and the Shunyang Group, isn't this a traitorous act inside and out? Do you still want this?
"It should be. I don't think anyone other than him is so desperate to hope that Chen Yongji is unlucky, right? If Chen Yongji, the eldest son, did not make a mistake, how could he, the second eldest son, have a chance to replace him? Chen Daojun took the coffee and said calmly with a comfortable sip.
"Then it depends on how Shunyang Group turns the situation around." Wu Shixian quickly reacted, Chen Daojun said at the beginning that Shunyang Group still has a considerable reserve fund, really to the stage of dividing the winner and loser, Chairman Chen Yangji should not sit idly by, right?
"We just need to be good spectators and kind donors. No matter who loses, let's just pull it over. Chen Daojun did not directly affirm Wu Shixian's opinion. After all, this acquisition of Handao Steel, Miracle Group did not participate, but the fierce competition between the two chaebols still pushed the purchase price up rapidly.
If Hando Steel's debt is more than 4.2 trillion won, even if it is converted into US dollars, it will cost billions of dollars, such a huge debt, even in a good year, Hando Steel will have to repay these loans for many years. Not to mention two years later, in 1997, the economic crisis erupted, which spread around the world. At that time, the deep pit of Han Dao Steel will not be dragged down!
regenerate a plan, if you can't buy Blizzard now, then retreat to the second, invest in the shares. And it's not just Blizzard, but other potential game companies, he plans to do the same.
I have to say that for Chen Daojun's proposal, Blizzard, which is not very optimistic about the company's financial situation, is undoubtedly a blessing, and Mike Mörheim, as the CEO, is quite moved by it. Now the company wants to expand, develop new games, promote existing ones... All of this requires money.
Although he has confidence in the game developed by Blizzard, without good publicity and sales channels, it is difficult for Qiao Nu to cook without rice.
“...... How much do you plan to invest? Michael Möllheim eventually took a step back and chose to compromise with reality. Perhaps the introduction of investment can make Blizzard Entertainment develop better and faster.
"I can invest $5 million, and you need to give me 35% of the shares." Chen Daojun recalled the current operation of Blizzard and offered a moderate price.
Of course, Mike Möllheim will not be satisfied with this, 5 million dollars will take away 35%, how can this be!
"$4 million, 15% shares!"
"No way, the price is too high! If I'm remembering correctly, your Blizzard company made less than $400,000 last year. Chen Daojun shook his head, the other party's lion opened his mouth, if he directly agreed, would he be wronged!
"$3 million, 20% shares!"
"No, this price is too low!"
......
After more than ten minutes of haggling, Chen Daojun finally won an 18% stake in Blizzard for $3.3 million, becoming the fourth largest shareholder after the three founders.
......
After successfully acquiring shares in Blizzard Entertainment, Chen Daojun soon moved to another game company. It's just that unlike the newly founded Blizzard, Westwood Studios is in turmoil. As the big brother of the game industry established in 1985, it did not mix like the beautiful National Art Company, but struggled, even if the release of the popular "Red Alert" in 1996 failed to change the decline and was acquired by Electronic Arts in 1998.
This time, Chen Daojun put forward the idea of acquiring the company, which was unanimously recognized by the company's senior management. You know, over the years, their life has been too difficult. Although they have created many excellent works, their R&D funds and other expenses are huge, resulting in the rapid consumption of the company's funds, and the phenomenon of making ends meet often occurs.
Now Chen Daojun, the "big dog household", is here, and he said that he wants to buy it! Isn't this a rich man who delivers to the door? The two sides quickly met each other, and the price was quickly agreed.
Chen Daojun was also a little puzzled by the fact that the acquisition was so smooth, and he thought that the other party would refuse to be acquired like Blizzard's Mike Möllheim. But after the other party told him the internal situation of the company with bitter tears, Chen Daojun couldn't help but complain that this group of guys was a bit of a pit.
A group of game developers who have started to engage in game research and development, can be described as regardless of the cost, although the game creativity and gameplay are very novel, but the research and development funds have not fallen behind.
"It seems that you have to find a few professional financial personnel to manage." Chen Daojun said with emotion. He bought this company for their future classic "Red Alert", not to burn money!
......
By the time Chen Runji, Chen Daojun and Chen Hengjun took a flight back to the country of Bangzi, it was already five days later.
Miracle Group.
"Boss, as you expected, in order to win Handao Steel, Shunyang Group and Daying Group have been fighting a lot these days! Even the two major chaebols wanted the banks to lend money. At present, Daying Group is temporarily ahead with a quotation of 700 billion won. Wu Shixian reported to Chen Daojun in the conference room.
"700 billion? Can they still come up with so much money? This was a bit of a surprise. Chen Daojun was a little surprised, in his prediction, 600 billion should be the limit of the Daying Group at this stage, no matter how much they need to mortgage the company's shares, it is inevitable that the gain is not worth the loss.
"It should have been 600 billion points, but they didn't know where they got the aid again." Wu Shixian was a little puzzled, there should be a lot of people who can get this money, but now the Daying Group and the Shunyang Group are deadlocked, and as long as the other chaebols are not stupid, they will not rashly stand in line and mix in, so as not to get into trouble themselves.
"That money should be from Shunyang Fire Insurance." My second uncle, Chen Dongji, will definitely not sit idly by and watch Chen Yongji successfully take Han Dao Steel. If he succeeds, then Chen Yongji will definitely sit in the position of vice president, what chance does he have? Chen Daojun recalled the original plot, and soon thought of Chen Dongji, who was quietly engaged in small actions behind his back.
"Are you saying that Chen Dongji privately supports Daying Group?" Wu Shixian was completely stunned by this news, in his opinion, even if there was a conflict between the Chen family, it was a family. But Chen Dongji colluded with the Daying Group and calculated his pro-big brother and the Shunyang Group, isn't this a traitorous act inside and out? Do you still want this?
"It should be. I don't think anyone other than him is so desperate to hope that Chen Yongji is unlucky, right? If Chen Yongji, the eldest son, did not make a mistake, how could he, the second eldest son, have a chance to replace him? Chen Daojun took the coffee and said calmly with a comfortable sip.
"Then it depends on how Shunyang Group turns the situation around." Wu Shixian quickly reacted, Chen Daojun said at the beginning that Shunyang Group still has a considerable reserve fund, really to the stage of dividing the winner and loser, Chairman Chen Yangji should not sit idly by, right?
"We just need to be good spectators and kind donors. No matter who loses, let's just pull it over. Chen Daojun did not directly affirm Wu Shixian's opinion. After all, this acquisition of Handao Steel, Miracle Group did not participate, but the fierce competition between the two chaebols still pushed the purchase price up rapidly.
If Hando Steel's debt is more than 4.2 trillion won, even if it is converted into US dollars, it will cost billions of dollars, such a huge debt, even in a good year, Hando Steel will have to repay these loans for many years. Not to mention two years later, in 1997, the economic crisis erupted, which spread around the world. At that time, the deep pit of Han Dao Steel will not be dragged down!
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