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Chapter 170: Chapter 170: Acquiring Great White Shark Gaming Company
“`
Without delay, Xu Yang picked up his phone and immediately dialed the number of the general manager of Great White Shark Game Company.
The call was quickly answered.
“Hello,” a weary voice came through the phone.
“Hello, am I speaking with General Manager Wang of Great White Shark Game Company?” Xu Yang asked.
The contact name listed on the website of Great White Shark Game Company was Wang Yunfeng.
“Who is this…” Wang Yunfeng asked.
“I am Xu Yang from Yang Xin Investment. I saw that your company is seeking financing, and I’m interested in your company. If I find everything satisfactory after a site visit, I am willing to invest.”
Xu Yang was very direct, he didn’t want to get bogged down in the details. After all, there was big money to be made in the future.
Tencent Games was a cash cow, and in three years, Great White Shark Game Company had become the second-largest game company after Tencent Games, earning a lot of money every year.
“Of course, when are you available? We are always open to your visit, even on weekends; we don’t rest,” said Wang Yunfeng, sounding pleasantly surprised.
As a startup, the founders, including him, were almost always in the office developing games.
They would only rest when they couldn’t stand it anymore.
And now, with the company on the verge of closing down, everyone was deeply worried, trying to find solutions in the office.
The founders were in the office right now, so Xu Yang could visit for the inspection immediately.
“I’ll come over Monday morning at ten,” Xu Yang considered and decided to visit on Monday.
He had time, but he preferred to sign a contract and invest right after the inspection.
For this, he needed to bring Ma Yangrong, the general manager of Yang Xin Investment, and the legal and financial officers with him.
Today was the weekend, and Yang Xin Investment’s employees had the day off.
He couldn’t possibly call them now and ask them to come back to work overtime, could he?
That would be too cruel.
He didn’t want to be cursed as a heartless boss by his employees.
Moreover, as someone who had once been a low-level worker, he deeply understood how detestable it was for workers to be called in for last-minute overtime.
“Okay, we eagerly await your arrival,” said Wang Yunfeng.
Before long, it was Monday.
Xu Yang, accompanied by Ma Yangrong, the general manager of Yang Xin Investment, and the legal and financial departments, arrived at Great White Shark Game Company.
Great White Shark Game Company was located in a technology park.
This government-established science and technology park was designed to support young entrepreneurs.
Startups that rented office space here had a one-year exemption from rent payments.
Upon entering Great White Shark Game Company, they met several of the company’s founders.
They were all like Xu Yang, having graduated from college just last year.
Honestly, if not for the support of the “system,” Xu Yang would be far behind these young entrepreneurs.
“Mr. Xu, these are the founders of our company, this is…” Great White Shark Game Company started introducing their colleagues to Xu Yang.
“Nice to meet you,” Xu Yang nodded in greeting.
“Nice to meet you, Mr. Xu,” they also nodded in response.
Honestly, they were somewhat surprised.
They had originally thought that the visitor would be a middle-aged person.
Even if not middle-aged, they figured he would be around twenty-seven or twenty-eight.
But to their surprise, he was as young as they were.
Probably a rich second-generation.
This was what the founders were thinking.
Xu Yang didn’t know their thoughts, and even if he did, he wouldn’t bother to explain.
“`
“President Xu, please take a seat here. I’ll introduce our company in detail, as well as the games we have developed in the past, the games we are currently developing, and our future vision and plans,”
Wang Yunfeng led Xu Yang and his group to a resting area and poured a glass of water for each of them.
Passing by the workstations of several founders, one could see that each desk had many hand-drawn illustrations on display.
On the computer screens, it was mostly the same.
“President Xu, our company has developed two games before. To be honest, the market reaction to these games was not very good and both lost money. But with ‘Chasing Shadows,’ which we are currently developing, we are confident we can surprise game enthusiasts, especially those who like martial arts games. This ‘Chasing Shadows,’ we have used…”
Wang Yunfeng gave a brief introduction, focusing mostly on ‘Chasing Shadows,’ because it was a game nearing completion. With a little investment, one could soon see the work released.
He also brought over a laptop to show Xu Yang and his group some character and scene designs from ‘Chasing Shadows.’
Of course, he also talked about several other games that the company planned to develop in the future.
It was like painting a blueprint for Xu Yang, making him, the investor, feel that the company could continue to make money.
“Not bad. How much financing are you looking for?” Xu Yang asked directly.
“Five million,” replied Wang Yunfeng. “With five million, we can complete ‘Chasing Shadows.’ I believe we can definitely achieve good market performance.”
“Five million. How many shares are you offering me?” asked Xu Yang.
“Fifteen percent,” Wang Yunfeng said.
This had been discussed and agreed upon by all the founders.
“I’ll invest ten million to give you sufficient funds to make ‘Chasing Shadows’ well and even better than you anticipate. But I want thirty percent of the shares. What do you think?” Xu Yang naturally wanted as many shares as possible.
However, he couldn’t ask for an unlimited amount.
A thirty percent stake, he believed, was still within reach.
“President Xu, I need to discuss this with my partners,” said Wang Yunfeng, clearly very pleased inside since this indicated Xu Yang was willing to invest more than expected.
But the requested stake was beyond his expectations. The company was not his alone; several people had founded it together and all held shares, so he needed to consult with the others.
“No problem,” Xu Yang naturally had no objections.
Wang Yunfeng left to consult in a separate office with his partners.
Ten minutes later, the group returned.
Approaching Xu Yang, Wang Yunfeng smiled and said, “President Xu, we agree to accept your investment.”
Xu Yang smiled back, “Great, I look forward to a pleasant cooperation.”
This was within his expectations, considering Shark Games urgently needed investment.
Now it was time to draft and sign the contract.
The contract was signed.
Xu Yang said, “Today, I will transfer ten million to the company’s account.”
This investment would go through the account of Yang Xin Investments.
“Alright, President Xu, please rest assured. We are confident that we will do well with ‘Chasing Shadows.’ For the last two small games, our promotion was not in place. This time, we plan to have some game streamers promote it, and that should solve the problem,” Wang Yunfeng said.
Xu Yang blinked, then immediately smiled, “You don’t need to hire streamers. I will have the streamers from my guild promote it for free.”
Wang Yunfeng asked, “President Xu, do you own a live-streaming guild?”
Xu Yang nodded, “Yes, Fengcai Guild on Douyin is mine. You should know about this guild, right?”
“What, Fengcai Guild is yours!” Wang Yunfeng and his partners were shocked.
They often browsed Douyin during their breaks and knew that Fengcai Guild was very impressive.
“President Xu, we were actually thinking of asking Lin Xiang, a game streamer from Fengcai Guild, to promote ‘Chasing Shadows.’ Since Fengcai Guild is yours, that’s wonderful!” Wang Yunfeng said excitedly.
“Yes, just focus on making a good game. As for promotion, you don’t need to worry. I’ll have all the streamers from Fengcai Guild promote it,” Xu Yang said.
After a few more exchanges, Xu Yang left with his team.
Xu Yang headed directly home, while Ma Yangrong, the legal and financial staff, went back to the company.
Upon arrival, Ma Yangrong immediately instructed the finance department to transfer ten million to Shark Games and informed the other party.