Return to 2002: Freestyle Superstar

Chapter 504: Earn money by playing basketball and reinvest it

For the majority of netizens, they don't quite understand why Chen Ran would give such huge benefits to Penguin Company. After all, "World of Warcraft" is so profitable, why should he share it with others?

Although Brother Xiao Ma also donated millions worth of stocks to Chen Ran, the value of these stocks in today's era is far from equal to the conditions given by Chen Ran.

However, people in the industry, especially the big guys in the Internet industry, are uneasy about this.

What they value is not the present, but the future.

Everyone can see the huge potential of QQ.

In 2005, Penguin had no rivals on the instant messaging track.

With the rapid development of China's Internet, it is almost certain that the number of QQ users will increase dramatically in the next few years.

Therefore, they regard Chen Ran's policy of recharging "World of Warcraft" with Q coins and offering discounts as another kind of "angel investment" for Penguin Company.

Chen Ran did not give out real money, but directly used the resources in his hands to exchange for Penguin stocks.

Although these stocks are currently only worth a few million Huaxia coins, given the huge potential of the Huaxia Internet market, who knows how much they will be worth in the future?

Of course, risks also exist.

In the ever-changing Internet market, no Internet company can pat its chest and continue to make money.

It can only be said that the world's number one tennis player is really courageous.

Such a generous move by Chen Ran also attracted the attention of another sports superstar Yao Ming.

Yao Ming also asked himself, if he had a money-making weapon like "World of Warcraft" in his hand, he would definitely treat it as a treasure.

Even if Mr. Ma from Penguin comes to talk to him, he may not agree to the plan of recharging the game with Q coins, not to mention that Chen Ran still takes the initiative to seek cooperation.

Yao Ming really wanted to talk to Chen Ran.

If the other party is really so optimistic about Penguin, he is also prepared to take a gamble.

However, Chen Ran maintained the same rhetoric whether he was talking to him or in interviews with outsiders.

"I know it's a bit risky for me to do this, so I'm not offering any advice on whether or not you should follow suit."

"If you buy Penguin stocks now, you don't need to thank me if you make money in the future, and you don't need to complain to me if you lose money. This is entirely up to you."

Chen Ran's words were impeccable and he left himself completely behind.

He knew that his actions this time were a bit big. Coupled with his status as a world sports superstar, the outside world's attention was higher than he expected, so he took decisive action.

In addition, Chen Ran also asked Chinese media who were familiar with him to release the news.

Nike and IMG were very dissatisfied with Chen Ran's introduction of Penguin into the company, but Chen Ran introduced Penguin Capital regardless of the objections of the two partners.

This also deepened the outside world's impression of Chen Ran's stubbornness.

Then the entertainment media also broke the news: Chen Ran was dissatisfied with the script of "Tennis Movie" and asked to rewrite it and find a new screenwriter.

"He thought it was a humiliation for the screenwriter to write such a script to deal with it perfunctorily. Chen Ran insisted on drawing a clear line with this screenwriter and never cooperate with this person again."

"Do you know why Chen Ran is so angry?"

"As far as I know, the reason Chen Ran was so angry was because the screenwriter didn't use his brain at all when writing the script and directly copied the plot of "Space Jam"."

"This kind of screenwriter is simply a disgrace and a disgrace to the entertainment industry!"

After learning about this incident, many netizens also began to complain.

"It is understandable that Chen Ran is angry, but this kind of plagiarism is too common in today's Chinese entertainment industry."

"Not to mention other things, pop songs from Hong Kong and Taiwan are to some extent copied from those from Japan and South Korea next door."

As the Internet becomes popular, there are more channels for people to obtain information.

At this time, many people in mainland China suddenly discovered that many of the restricted areas in Hong Kong and Taiwan they had grown up with turned out to be knock-off products.

During the period after the Wimbledon Championships, although Chen Ran did not participate in any competitions, his name continued to appear on the Internet and major media, spanning the fields of sports, entertainment, and business. …

Before Chen Ran left for Canada, he revealed a piece of information to his cousin: "Sister, use our newly established company to invest in this company. Remember, it must be kept confidential."

After explaining the matter, he got on the plane from Shanghai to Toronto, Canada.

Chen Ran had no intention of continuing to invest in emerging companies in the recent period.

But not long ago, he left Nike and IMG as planned, and privately established an investment company with his cousin.

However, Chen Ran had been troubled for some time about what to name this newly established investment company.

Perhaps since he and Penguin's Mr. Ma became brothers, Chen Ran deeply understood the essence of the other person's "walking others' path and leaving others with no way to go".

So, he directly named the new company "ByteDance Investment Co., Ltd." by accident.

With this first investment, Chen Ran did not want to get a big return, but wanted to do a good deed for the majority of netizens, and at the same time make up for the small regrets he had in his previous life.

When Chen Ran was playing games in an Internet cafe in his previous life, he would often turn on a music player and play games while listening to music. This music player was called "Qianqianjingting".

At the turn of the century, many first-generation Internet users could not live without the "Qianqianjingting" music player in their music-listening memories, and it left a deep impression on them.

However, according to the original timeline, Baidu will acquire Qianqianjingting for tens of millions of Huaxia coins next year.

Since then, this online music player with a huge number of users has continued to decline. After it was finally renamed "Qianqian Music", its market share reached the point where it was almost negligible.

Of course, this is not an isolated case.

Most of the companies acquired by Baidu were killed if they were unlucky, and half-dead if they were lucky. This is normal.

Chen Ran was also surfing the Internet recently when he saw that the number of users of "Qianqianjingting" reached a new high and he was reminded of the past.

"Baidu's acquisition price next year will be tens of millions of Chinese dollars?"

He sneered at the price, thinking that the other party was probably pulling a gimmick again.

This is just like Baidu's acquisition of "hao123". It was advertised for 5000 million, but the real price was just over 1000 million.

Keep in mind that Baidu's words are as reliable as using Baidu search to find a suitable hospital and should not be taken seriously.

For such a music player software that has been burning money and has no prospect of profit, it is impossible to sell it at a high price.

Chen Ran's idea is very simple. He first plans to inject around 6 million into the company behind "Qianqianjingting" to become a major shareholder and gain enough say in order to directly veto Baidu's acquisition proposal in the future.

With sufficient funds, the number of users of "Qianqianjingting" will inevitably increase rapidly in the foreseeable time.

Then, he asked his good brother "Brother Xiao" to cooperate so that QQ users can directly log in to "Qianqianjingting". When the time is right, it will be directly merged into Penguin Music and become an existence on par with QQ Music.

The demise of "Qianqianjingting" in the previous life is really a pity. From Chen Ran's personal perspective, he really liked this player.

Immediately afterwards, another bold idea emerged from Chen Ran's heart.

His current "ByteDance Investment Co., Ltd." is still an empty shell, and no funds have been injected into it. This time he will take over "Qianqianjingting" in the name of this company, and he will hide behind the scenes. Didn't show up.

Therefore, Chen Ran decided not to use the "Golden Slam Company" account or his personal account, but if this was the case, he would not be able to draw so much cash flow for a while.

But doesn’t the North American season just start?
As long as he wins one of the Toronto Masters and Cincinnati Masters, he will have almost the acquisition funds he needs.

What if poor performance at these two stops results in insufficient prize money? Isn’t there a US Open foundation?

Well, let’s do it!

When he thought of this, Chen Ran suddenly felt energetic.

At this moment, as an English broadcast came from the plane, Chen Ran also knew that he had arrived in Toronto again.

……

(End of this chapter)