Actually I just want to act

Chapter 268 Mutual Benefit
Ling Changyun smiled wryly and said: "Brother, you are pretending to be confused. Okay, I also know that you can't accept more than 30% of the shares, so just pay back the money. Recently, Jiuzhou is also developing games. Funding A little nervous."

Fang Jiming was stunned: "No, didn't Jiuzhou just develop a game last time?"

Ling Changyun said a little depressed: "It's not because of your QQ game, bro, the number of people playing online games has dropped significantly."

"Uh, bro, you're not right. People who play QQ games don't have much overlap with netizens who play online games." Of course, Fang Jiming couldn't give up the field of games.The reason why Tencent can do it is because the game industry has achieved the number one in the country.Then use the No.1 effect to take down popular games such as League of Legends and Stimulus Battlefield, and continue to consolidate its position as the leader in the game industry.If it wasn't for NetEase to catch up, I'm afraid Tencent will really be the only one.

It is precisely because of the game that Tencent can firmly sit on the throne of domestic Internet companies in terms of revenue, while Ali can only be ranked second.

When Tencent failed to become the leader in the game industry, Weibo lost money and had to abandon Tencent Weibo.But if Tencent was rich at the time, why would we be afraid of Sina?
Therefore, the importance of games to an Internet company is self-evident.Alibaba relies on online shopping, and there is no way to compete with the game.

Ling Changyun sighed inwardly, knowing that it was impossible to persuade Fang Jiming to give up the game, he couldn't help asking tentatively: "Director Fang, how do you think the game will develop next?"

Fang Jiming thought for a while and said, "Online games will never become obsolete."

This is not nonsense, even if it is ten or twenty years later, there will still be a market for online games similar to fighting monsters and upgrading, and the krypton gold is the most fierce.However, the vitality of this kind of game is generally not long, which is what Fang Jiming would not say.No matter what you say, Jiuzhou is not only a partner, but also a competitor.

"Then what do you think of the development of online games?" Ling Changyun asked.

Fang Jiming thought for a while, and said: "In the future, there will be fewer and fewer online rookies. The game market will definitely develop in the direction of more fun, multiple gameplays, multiple plots, and exquisite graphics.”

This is absolutely true, because the "World of Warcraft" in the previous life was like this.

Ling Changyun thought for a while and said, "But it takes a lot of investment."

In fact, Jiuzhou Company is now in a dilemma, unable to find a direction for development.Fang Jiming at least had some shares in Jiuzhou, and wanted to collect some interest.Therefore, Fang Jiming couldn't help but reveal a little direction to Ling Changyun.However, Ling Changyun felt that the investment was too much.

"The big investment is temporary. The point is, if you become a benchmark for Chinese games, there will naturally be many people playing it." Fang Zhiming knew that this was definitely a trap, and most people would step into it, fearing that their bones would be broken. can not see. "Of course, you can also introduce mature foreign online games and act as an agent. You can even directly buy foreign game companies, so that you can not only acquire game development talents, but also know the direction of game development in Europe and America."

Ling Changyun thought about it, and felt that this was also a solution: "Fang Dong, thank you very much!"

Fang Jiming smiled and said, "I thank Director Ling for being righteous and not selling the shares to WOO."

"Even if it is sold, you have the final say on hao123." Ling Changyun said with a smile.

"But going public is difficult." Fang Jiming said flatly, yes, once WOO gets the shares of hao123, if you want to dilute it, WOO will increase 100% of the capital, preventing the increase of shareholders.Because WOO's intention is obvious, which is to maintain a 30% shareholding, and then use the motive of going public to force Fang Jiming to reduce his shareholding.Once Fang Jiming's shares fall below 40%, then WOO will rely on its "wealth and wealth" to forcibly compete for the controlling stake and control the board of directors.

Fang Jiming also has countermeasures. He plans to engage in AB shares after listing. No matter how many shares you hold, you will not be able to obtain the company's administrative power, only the right to enjoy dividends.

What are AB shares?It's very simple, that is, different rights for the same share.A shares issued by external investors have only one voting right, while B shares have multiple voting rights.Only AB shares can guarantee that the founder or founding team controls the company.Although Class A shares suffer from voting rights, they often get compensation in terms of profit distribution and priority compensation.

After all, many investment banks, venture capital institutions, etc., are concerned about whether they can get huge profits, and they have no desire to control the company, so most of them will agree.

But once WOO enters hao123, then WOO is seeking to control the company and will definitely not agree to AB's equity. This is also the premise for Fang Jiming to thank Ling Changyun.Of course, it doesn't mean that Fang Jiming has nothing to do. Fang Jiming can delay the listing. Once WOO forces the listing, wait for an opportunity to recover the equity after the negotiation breaks down.It's just that if WOO insists on not making a move, Fang Jiming has nothing to do but spend his time.

So, Ling Changyun still helped Fang Jiming.

"Unfortunately, when the shares were sold, there was no rule that the exchanged shares could not be sold without the consent of the other party." Fang Jiming said, "It's hasty."

However, hao123 was unknown at that time, and Ling Changyun was willing to buy shares at a premium, which was considered a large amount of financing.Fang Jiming, who is seeking financing, does not have much leverage.This is the strength that determines the market position. If we talk about it now, Ling Changyun may agree to Fang Jiming's request.In fact, this is something that both sides are more afraid of.

Now Ling Changyun's shareholding in Jiuzhou has fallen below 40%. If Fang Jiming sells this share to Jiuzhou's major shareholder, and the major shareholder buys other shares that exceed Ling Changyun's shareholding ratio, then Jiuzhou The European company will change ownership in an instant.

"Director Ling, why don't we sign a supplementary agreement. When selling shares in the other company, the other company's consent must be obtained. What do you think?" Fang Jiming said on the phone.

"Okay, let's make a verbal agreement first. But this agreement does not include dilution of shares, what do you think?" Ling Changyun is not a fool, knowing that this is beneficial to both parties, and it is a matter of mutual benefit.

Fang Jiming nodded: "Yes, Jiuzhou is also going to be listed."

He won't reveal that the Internet economic bubble over at Meilijian is about to burst, so if you want to go public, you have to take advantage of this year, otherwise you have to wait another three years.

Ling Changyun said meaningfully: "Yes, if it is not listed, there will be no money to make games."

Fang Jiming smiled and did not expose him.

It's not that Ling Changyun has no money, but he just doesn't want to take too much risk.With a few more shareholders, the risks are evenly spread out, how good it is!
The two exchanged pleasantries and confirmed that Ling Changyun had come to Yanjing to sign a supplementary agreement and inspect Baidu before hanging up the phone.

(End of this chapter)