This Bad Luck is Awesome!
Chapter 396 - 189: 50 Million Investment, 115 Million Total Return
Chapter 396: Chapter 189: 50 Million Investment, 115 Million Total Return
So, he wanted to know how much Wu Zicong was willing to pay for this phenomenal wave of traffic.
"Fifty million for fifty percent of the shares. What do you think?"
"Chen Mo, that valuation is by no means low. Once the daily active users start to drop, there’s no way we could offer that much."
Wu Zicong had already discussed the price with his executive team and directly told Chen Mo what he could offer.
He and Chen Mo were friends, so there was no need to beat around the bush and waste time.
Even if this game’s life cycle was short, a price of 50 million definitely wouldn’t be a loss for their company.
They were confident they could channel a sufficient number of players from this game to the various other games under their company’s banner.
And whether these people were paying players or played for free, they could still bring the company over 50 million in revenue.
As for whether they could squeeze out even more money, that would depend on if they could plan some excellent events and new gameplay features.
So this price of 50 million wasn’t just pulled out of thin air; it was a figure derived from precise calculations by their company’s in-house professionals.
"Fifty million?"
Hearing this, a thoughtful look flickered in Chen Mo’s eyes.
He seemed to be pondering whether the price was reasonable.
Fifty million for 50% of the shares meant that Pentagonal Game Company’s valuation had reached 100 million.
Of course, this valuation would be short-lived.
Moreover, this was just the valuation given by Qijie Game; it didn’t mean people in other industries would recognize it.
Ultimately, it wasn’t very significant.
As the game’s life cycle came to an end, this valuation would plummet along with its daily active users.
Only a large game company like Wu Zicong’s would even consider buying in, since they could leverage the game’s massive player base to channel traffic.
Otherwise, there probably wouldn’t be anyone willing to buy in at all.
Of course, besides Qijie Game, there were certainly other game companies of a similar scale to Qijie that would be interested in this wave of traffic.
But Chen Mo felt that the prices they offered probably wouldn’t be as good as Qijie’s.
Although business was business, Chen Mo and Wu Zicong were friends, after all.
If the prices were similar, he would definitely have to prioritize selling to Wu Zicong.
But if there was a significant price difference, then it would have to go to the highest bidder.
"Yes, a price of 50 million. What do you think?"
Wu Zicong nodded in confirmation.
"That’s a very sincere offer, but I can’t give you an answer right away. I need to discuss it with my executives first."
"How about this: I’ll definitely give you an answer by tonight, or tomorrow morning at the latest."
Chen Mo thought for a moment and didn’t rush to give Wu Zicong an answer.
"Alright, I’ll wait for your call."
Wu Zicong had no objection; something this big certainly needed to be discussed.
After chatting for a bit more, Chen Mo hung up the phone.
’Since Qijie has already called, other game companies should be making their moves soon, right?’
Chen Mo put down his phone, an idea forming in his mind.
Wu Zicong coveted this wave of traffic, and his competitors would also want to use this game to channel traffic to their own.
The game’s daily active users had now peaked, and from here on out, it would be all downhill.
Anyone who wanted to make a deal would most likely make their move today or tomorrow.
This was also why he had given Wu Zicong that reply.
Sure enough, just as he had expected, Xu Xiyue came to find him in the afternoon, saying that a large game company had come to the office to discuss acquiring shares.
Chen Mo didn’t go over himself, merely sending Xu Xiyue to negotiate with them.
This was a game company of a similar scale to Qijie Game.
Their portfolio of games was also diverse, featuring a wide variety of genres.
They offered 40 million for 50% of the shares.
Afterward, people from a gaming platform showed up. Their platform specialized in casual games.
The platform was filled with all sorts of casual games, similar to *Fruit Fruit*.
Therefore, for players of *Fruit Fruit*, transitioning to their games would be completely seamless.
The player conversion rate would be much higher, making an acquisition to channel traffic a very cost-effective move.
They offered a price of 45 million to purchase 50% of the shares.
Xu Xiyue negotiated with them and managed to get the offer up to 50 million, which was their absolute limit.
By the next morning, only these two companies had come to Panshi Venture Capital to discuss acquiring shares.
Including Qijie Game, that made three companies in total.
Qijie Game and the casual game platform both offered 50 million.
The other one that offered 40 million was no longer in the running.
「In the conference room.」
"President Chen, what are your thoughts?"
An executive from Panshi Venture Capital looked at Chen Mo and asked respectfully.
With two identical offers on the table, it was a matter of seeing if either would raise their bid, or simply seeing who Chen Mo wanted to sell to.
"Qijie."
Chen Mo answered almost without hesitation.
Since the prices were the same, Qijie Game was naturally the first choice.
After all, he had a friendship with Wu Zicong.
"Understood."
Hearing this, everyone in the conference room nodded in understanding.
Xu Xiyue gave a slight nod. Since Chen Mo had chosen Qijie, she would have to give the other company a reply after the meeting.
She had actually guessed that Chen Mo would choose Qijie Game.
Because Chen Mo and the owner of Qijie were friends.
Previously, Chen Mo had received the Outstanding Contribution Award, while the owners of Qijie and Era of Radiance had received letters of thanks.
This meant they had all gone deep-sea fishing together that day, something only good friends would do.
She even suspected that when Chen Mo first invested in this game, he had already planned to sell the shares to Qijie all along.
"I’ll speak with the chairman of Qijie. When they send someone over to handle the acquisition procedures, arrange for someone to coordinate with them."
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