Losing Money to Be a Tycoon

Chapter 623: Boss Pei’s ‘Scrounge’ Formula

August 19th, Friday...

Pei Qian came to Shang Yang Games to supervise the progress of spending money. Other matters could wait but not spending money.

Such a huge amount of money was impossible to spend it all in one shot. For example, it would take time to organize matches, determine the schedule and venue, send invitations to various clubs, and ask them to apply for visas in advance.

If the processing was not fast enough and a certain amount of money had not been spent before the settlement, then it would become very rigid.

Two weeks had passed since the previous spending plan was finalized. A lot of work should have been done. It was time to be updated.

The members of Shang Yang Games had arrived in the conference room. Everyone looked more relaxed as compared to the previous meeting. Every time Boss Pei made his move, the others would feel very at ease... that everything was developing towards a better direction!

Lin Wan sorted out the information in her hand and began reporting on the recent works.

“I’ll update on the domestic server first.

“Our main focus of work in the future would be the global server, but I’m also paying attention to the situation with the domestic server because the domestic server is the basis of GOG. There is no room for mistakes.

“It is worth mentioning that Eric’s second attack has failed.”

Eh?

Pei Qian was a little flustered. He finally remembered who Eric was this time. It was that executive that was sent here to be in charge of the IOI domestic server.

However, for the second attack to fail as well? Was it still so efficient?

Pei Qian did not even know when the second attack happened...

Well, that was a little awkward. News of victory reached Boss Pei’s ears earlier than the beginning of the war. That was very outrageous.

Lin Wan continued. “After the initial strategy failed, Eric changed to a different strategy starting with the game’s peripheral industries.

“He found several domestic live-stream platforms, well-known live streamers, and some veteran clubs; hoping to cooperate to promote IOI. The results are the same as before. He was either declined nicely or kept at bay.

“I can only say that, until now, GOG had been monolithic in China. Live-streamers, internet cafes, clubs, etc. are all towards them, sharing huge common interests with GOG.

“Moreover, this common interest includes not only short-term immediate interests... but also long time interests in the future. Internet cafes, live-streaming platforms, and clubs believe that IOI had no chance of winning. It is obvious that it is more important to side GOG in the long run.

“Eric might be able to give some short-term benefits, but there was no way for him to guarantee long-term benefits because he could not establish strong enough confidence for these people.

“And confidence is the key.

“Eric even wanted to sponsor some clubs in establishing their own IOI divisions, but he was rejected. On the one hand, Eric’s price was not high enough; on the other hand, these clubs are also afraid of causing our dissatisfaction to miss out on the upcoming international invitational competition.”

Pei Qian sighed silently. Eric was so miserable. He originally wanted to fight with GOG to the death, but he was stuck at the first step, unable to even spend the money.

Of course, if Eric was really willing to spend a fortune, he could most definitely be able to spend it. In the end, he did not offer enough. Internet cafes, clubs, live-streaming platforms were not tempted at all, naturally giving him a closed door.

Pei Qian could not help but sigh. Eric was really a genius!

He couldn’t even buy over anyone to his side and had remained at the time before the launch of the offensive.

Really envious.

“This Eric is really a talent. He was over-the-top when he first came, but is that it now?” Wang Xiaobin exclaimed.

Ye Zhizhou also said: “It might be a little unkind to say, but I really want to know what his expression is now.”

Lin Wan smiled. “To be honest, it is not all his fault.

“Eric is only the person-in-charge of the operation of IOI’s domestic server after all. His money is all from Dayak Corporation and Finger Games. He cannot spend it casually.

“People would always turn around if the price was enough and if he could really spend without restrictions. The problem is he can’t.

“Dayak Corporation might be very rich, but this contradicts with them.

“Dayak Corporation is all about money. They have to see tangible benefits when the money is spent. Just like how they spent a huge amount of money to acquire the Finger Games that we simply cannot afford to buy because they saw the achievements IOI had internationally.

“I believe in the future, Finger Games will create even more value for them over their purchase price.”

“However, Eric wants to spend a huge amount of money on the promotion of the domestic server, and it is difficult to convince the senior management of Dayak Corporation.

“What’s more, it may not be effective even if the money is spent. Eric would be blamed if it came to that so he dare not take the risk.

“There is also gossips that we can consider as evidence.

“It seems like Finger Games has been preparing for IOI international competition, but they have a limited budget and have only prepared 100,000 US dollars. They were then acquired by Dayak Corporation so this matter took a backseat.

“When Finger Games had such an idea again, we had already announced that we were going to host a global invitational tournament and had increased the bonus more than a dozen times. The championship prize alone will reach one million US dollars!

“That is very awkward for Finger Games.

“IOI is launching a global offensive on GOG. The prize pool is only 100,000 US dollars if they were to do it. It is too shameful; it’s better not to hold it. Their bonus had to be close to us at least if they did not want to be ashamed.

“However, there seemed to be no consensus within the Dayak Corporation on this since the acquisition had consumed a large amount of cash flow. Many of the senior management felt reluctant and thought that it was not worthwhile.

“It is not that they had no money, but they were not willing to spend money. Therefore, this matter can only be shelved.”

Pei Qian nodded silently. He originally thought that Eric seemed to be a talent, but now it seemed like he wasn’t. The main reason why Eric was smashed in the domestic server was that of Dayak’s management.

Pei Qian’s ability was not in how much money he had but how much he dared to spend.

It would seem like you are 10 times richer than me when I have 100 yuan and you have 1,000 yuan. However, I was fine with spending the entire 100 yuan while you have to weigh the pros and cons of spending 20 yuan. Therefore, I am stronger in monetary terms.

Pei Qian soon became disinterested in Eric’s affairs.

Eh, I thought he could put some pressure on GOG in the country so that I could spend another wave of money and earn less.

He was disappointed.

Pei Qian had a bad feeling about this.

“However, his third attack has begun,” Lin Wan continued.

“In the first two attempts, he seemed to have realized that GOG’s base is very stable, including the internet cafes, clubs, and live-stream platforms are all deeply tied to us. GOG-related industries are all under monopoly. He would not be able to do anything to get in.

“Therefore, Eric probably changed his thinking to get other players who had yet to play GOG to enter IOI. They seem to plan on focusing on third parties such as beverages, male skincare, mouse, and gaming chairs for collaboration.

“Boss Pei, do you think we should follow suit?”

Pei Qian’s eyes brightened up.

This Eric actually found a breakthrough even though he was in such a passive position? Cooperate with third parties? Why didn’t we think of it previously?

Very good, this Eric has given me new avenues to spend money!

I’m grateful to him!

Pei Qian nodded. “Necessary, definitely necessary!”

“Watch him closely. Cooperate with whoever Eric cooperates with. We’ll follow closely behind no matter who he chooses! No need to use your brain, just spend money, how easy!”

Everyone could not help but show the same expression.

Tengda Games did the same when Shang Yang Games was pushing the IOI domestic server previously. GOG would follow behind them brainlessly no matter what sort of promotional method IOI thought of!

The word ‘scrounge’ was enough to make everyone in Shang Yang Games desire death.

There would be no way out for IOI if GOG were to follow them brainlessly since GOG had already crushed them in domestic users. At the same time, everyone was now more certain that what Tengda Games did previously was something they learned from Boss Pei.

These hooligan tricks were all the same!

Everyone was saying their prayers for Eric, watching the fire from the shore.

Pei Qian, on the other hand, was immersed in the joy of discovering a new way to spend money. He did not care about Eric’s life or death.

“Alright, this matter is settled. Continue.” Pei Qian waved his hand.

“GOG’s overseas promotion had achieved good results,” Lin Wan continued.

“Boss Pei, we have acquired a comic company in the United States with the remaining 20 million US dollars. This company, Hurricane Comic Company, has less than a 5% market share. We have decided to use its biggest IP, Multifaceted Man, as the main hero for publicity.

“We have put up the publicity of the Multifaceted Man and GOG in Times Square, subways, bus stations, and major websites after some preparation. GOG’s overseas users are growing rapidly by the day.

“GOG’s conscience pricing is highly acclaimed among overseas players. It’s interesting that Literary Genius of the Winds, Ruan and Modest have also won the love of overseas players.

“Tengda Games has now completed the production of the Multifaceted Man which can be launched during the weekend. There should be a surge of traffic then!”

Pei Qian frowned slightly. “Wait, the Hurricane Comic Company you just mentioned... it didn’t happen to make a movie called Iron Man, right?

“Iron Man? What’s that? Hurricane comics did not have any film-making capabilities and is on the verge of bankruptcy. Otherwise, we would not have been able to buy them for 20 million US dollars.” Lin Wan shook her head, a little lost.

Pei Qian was relieved.

Yes, what did I say? I can’t be that unlucky every time.

It would not be possible for me to always buy companies that are seriously undervalued, right? That would be way too unscientific.

I was still having headaches about how to spend the 20 million US dollars previously. I could finally rest assured now that it had been spent smoothly.

Moreover, they bought a comic company that not only had less than 5% market share but was also about to go bankrupt. It would not be able to bring down IOI overseas, which is great.

The offensive should not be too violent; let GOG eat away at IOI’s market share bit by bit. Dayak Corporation would then resist, and GOG would continue to spend justified promotional money.

You expand your market share; I grab your market share. This cycle would form a perpetual loop. GOG and IOI would then continue to play happily on the overseas servers. Everyone burns money happily.

Wouldn’t that be beautiful?

Dayak, I have no choice but to make you my new money-burning tree since you bought over my old money-burning tree—that was IOI domestic server!