YM778.TV Chapter 1356 - Investing in Qidian
Chapter 1356 – Investing in Qidian
Qidian had already been acquired by a company called Shanda Group. Qidian’s founders kept some shares for themselves and gotten a large amount of cash.
To invest in Qidian, Feng Yu must approach Shanda.
Sun Lijie made a few calls and fixed an appointment with the Boss of Shanda.
......
Shanda Group’s Boss is Chen Daqiao, and he is waiting in his office for Tai Hua Consulting’s CEO, Sun Lijie. Sun Lijie is one of the influential investors in China’s investment circle. He likes to invest in internet and technology-related companies. Is he going to invest in Shanda?
Shanda group had just ended their first round of financing and had invested everything. After the second round of financing, they should be getting the profits of their initial investments. The company will be on track. They might get listed within two years.
A middle-aged man is brought into the office by Chen Daqian’s secretary. He quickly walks over to welcome him. “Nice to meet you, Manager Sun.”
“I am here for a reason. I am here to discuss a business deal with you.”
Chen Daqiao is jumping with joy in his heart. Manager Sun is here to invest in our company.
“Are you going to invest in our company?”
“That’s right. We are interested in a website under your company, and we can purchase it if you are willing to sell.” Sun Lijie replied directly.
“Which website?”
Although Shanda is set up recently, they had several websites, including gaming distributorships, novel websites, online services, etc.
“You all have acquired Qidian recently, and we are very interested in this industry.”
Chen Daqiao thought Sun Lijie is interested in their gaming distributorships. After all, Tai Hua Holdings own Wind and Rain Games. They are also a distributor for Wind and Rain Games.
Shanda’s Online services are also more advanced, and he thought Sun Lijie would be interested. But he is interested in that novel website!
“Manager Sun, we had just acquired this site like what you mentioned and have no intentions of selling it now.”
“We will offer 20% more than your purchase price!”
20% return is considered high for a website acquired not long ago. But Chen Daqiao and his team also thought highly of this industry. They felt it would be a revolution for China’s novel industry.”
“Sorry, Manager Sun. We can’t sell this website.”
“Alright. Then we will invest in it. We want the controlling shares of this website, or we can have the controlling shares of Shanda.” Sun Lijie immediately makes another proposal.
“We will not let others own the controlling shares of our company. Other shareholders will also not agree. But if Tai Hua Consulting is interested in investing in us, we can continue with the discussion.”
Chen Daqiao will never sell his company. At most, he will go for another round of financing, but he must own the controlling stake.
“Our investment will not be high if we are just getting a minor stake.” Sun Lijie replied with a frown.
Sun Lijie had mentioned that the controlling stake is because he wants to suppress the price. He is willing to accept a higher price if he can get the controlling shares. But if it is only a minor stake, it will be a lower price.
Both parties had reached an agreement, and the negotiation is easier. One party wants to invest and the other needs funding.
Sun Lijie represented Tai Hua Consulting to invest a sum of money in exchange for 33% of Qidian and a top executive position.
Honestly, Sun Lijie and his team do not know anything about this online novel website. Maybe Hu Ran knows something, as his work is related to publishing.
......
“Boss, we have invested in Qidian and owns a third of the company’s shares. Is it enough?” Sun Lijie asked through the phone.
“It doesn’t matter how many shares. Do we have the priority adaptation rights of the novels?” Feng Yu asked.
“Yes. It is included. But it seems that there are no good web novels to be adapted now.”
“There isn’t any now, but there will be in the future. Don’t forget we also own gaming companies. Our future game’s background stories can be written by these online novel authors, increasing our games’ exposures. In return, if they have good stories, we can adapt it into games.” Feng Yu replied.
Sun Lijie finally understood what Feng Yu’s motive is. But he still felt an online novel couldn’t be adapted into a game. A novel is only a longer story, and it’s more suitable to be adapted into films or TV series rather than games.
Sun Lijie and the rest had never read online novels and did not know the future potential. Also, who says novels have never been adapted into games? Harry Potter has its own PC game.
What about manga, anime, movies, adaption to PC games? Nothing is impossible.
Currently, there are no Xian Xia and Xuan Huan novels, and most stories are modern genre. But online novels’ readers are diverse, and these genres will appear soon.
The online novel is still transiting from the stone age to the bronze age era now, but Feng Yu is confident he can speed up the transition.
For example, suppose someone writes a novel similar to The Legend of Sword and Fairy. In that case, it can be adapted into a fantasy sword fighting online game. If someone writes a novel about a modern mercenary, it can be adapted into a shooting and adventure game. If someone writes a novel about football, it can be adapted into an online football game.
There are too many types of novels that can be adapted into video games, but it still depends on the popularity.
“Boss, which novels are suitable to be adapted into games? Wind and Rain Games do not have any experience.”
Feng Yu thought for a while. “It’s fine. I will select and find a suitable novel. There are some issues with the payment and subscription system. We must find ways to attract readers. No matter how well-written the novels are, they will be useless without readers.”
Sun Lijie suddenly felt more confident with this novel website when he heard Feng Yu pick the novel himself. Feng Yu has a 100% track record of zero losses in his investments. This website will make high profits!