Entertainment: Starting With A Net Worth Of One Trillion, I Chose To Lie Flat

Chapter 68 Invitation From The Richest Man In China (4, Please Subscribe Automatically)

When returning to school, Reba was driven back by Chen Mo.

Now that he knows his identity, Chen Mo certainly doesn't have to hide it anymore.

He drives a Porsche.

Before leaving, Chen Mo threw the key to Reba.

"You can drive this from now on."

Chen Mo said directly to Reba.

"I?"

Reba was very surprised and looked at Chen Mo in surprise.

Chen Mo nodded: "It's more convenient to go out."

There was a pause.

He handed Reba a bank card again and said slowly: "There are ten million in the card. Buy whatever you want."

Reba felt like she was being taken care of.

But she doesn't know why, but she doesn't resent Chen Mo treating her like this.

Even happy.

"Thanks."

Reba looked at Chen Mo, hesitated, and said slowly.

No matter what, this is her first man, and Reba knows her feelings for him very well.

Chen Mo smiled softly, hugged Reba, and whispered: "Don't think about it, if you don't like me, just send me a message and I won't disturb you.

The gold medal rule for scumbag men is that they must act affectionately.

as expected.

Hearing Chen Mo's words, Reba nodded slightly, took her bank card and keys, and left here.

Chen Mo, on the other hand, got into the car driven by the bodyguard team.

Not long after, Chen Mo's phone rang.

"Master, are you still in Shenghai?"

Wang Sicong's voice came.

"Hmm. 30"

Chen Mo nodded: "What's wrong?"

"Shang Shanda Chen Tianqiao wants to see you and wants to treat you to dinner."

Wang Sicong said with a smile: "I was found through my father's relationship.

"interesting."

When Chen Mo heard this, he immediately laughed.

04 has special significance in the history of China’s Internet development.

This year, the "Chinese concept stock" Shanda Group officially landed on Nasdaq, opening the door to international finance for Chinese Internet companies.

After its listing, its founder Chen Tianqiao was named the richest man in China in 2004 by the Hurun Rich List with a net worth of RMB 8 billion.

Chen Tianqiao was only thirty years old at that time.

What pushed Chen Tianqiao to the throne of the richest man was an online game called "Legend".

At that time, Internet companies lacked profit-making methods. Ma Xiaoyun's Alibaba suffered a disastrous defeat in the United States and was forced to close its U.S. business.

Ma Huateng looked anxious at Penguin, which had a huge number of users, and once wanted to sell Penguin to Zhang Ruimin of Haier.

Lei Jun advised Chen Zhouzhou, who had just returned to China: "Don't do online communities, you won't make any money at all.

but.

Chen Tianqiao took a different approach and introduced a game called "Legend" from Korea. In just one year, it gained 60 million players, with more than 600,000 people online at the same time, and a monthly income of 50 million, at a cost of only 300 million. Thousands of dollars in agency fees.

The online game charging model has opened a door to profitability for the Chinese Internet.

However, the richest man brought tremendous pressure to Chen Tianqiao, which actually caused him to suffer from "panic disorder" and often felt heartbroken.

Except for "Legend", Shanda's other products were lackluster. The Shanda Box concept, which invested heavily in, was too advanced and collapsed across the board. The game business has been overtaken by Penguin and NetEase, and its revenue has been declining year by year.

If Chen Mo’s source is correct, Shanda will be delisted in less than two years, and Chen Tianqiao will also move abroad and begin to transform into investments.

but now.

He actually invited himself.

Chen Mo couldn't help but feel a little strange when he heard Wang Sicong's words.

"Master, if you don't like to go, I will refuse you."

Seeing that Chen Mo didn't agree immediately, Wang Sicong said directly.

Although Shanda has developed very well in the gaming field, neither Wang Jianlin nor Chen Mo actually care about Chen Tianqiao.

After all, the richest man in the past is already a thing of the past. In today's era, without 50 billion, he is not qualified to be the richest man in the country.

"Need not."

Chen Mo smiled and said to Wang Sicong: "I'm going to see him. I'll meet him tomorrow.

"OK."

Although Wang Sicong was a little confused, he still agreed.

After hanging up the phone, Chen Mo dialed a number.

"Check Chen Tianqiao's information."

Chen Mo ordered directly.

He has his own sources of information, and it takes no effort at all to investigate Chen Tianqiao.

When Chen Mo returned to Yanjia Garden, a piece of information was already placed in front of him.

What followed was an analysis of Chen Tianqiao.

Chen Tianqiao is a person who cares very much about other people's evaluations.

When he was in middle school, his class was electing monitor. Chen Tianqiao, who was both good in character and academics, thought he would definitely be elected, but he lost the election.

He suspected that his classmates were deliberately rejecting him, and he was depressed for a long time. The teacher compensated him for being a member of the life committee, but he still couldn't arouse his interest and was indifferent to class affairs. This has a certain connection with his later suffering from panic disorder.

In 1998, at the age of 25, he resigned from public office and switched to stock trading. He encountered a bull market and earned half a million yuan a year. He also met his wife Luo Qianqian in the stock market, and they got married three months after they met.

This Luo Qianqian is no ordinary woman, she is extremely capable, and she will manage Shanda's daily operations all by herself in the future.

In 1999, Chen Tianqiao took 500,000 yuan earned from the stock market to found Shanda Network and start a virtual community.

Due to the times, most people born after 1995 may not know what a virtual community is.

Virtual communities generally refer to forums, chat rooms, etc.

Anything that allows people from all over the world to gather on the same online platform to communicate is called a virtual community.

Later popular blogs and Weibo were “evolved versions” of virtual communities.

One day after starting his business, Chen Tianqiao asked his younger brother: "How much money can we make to be successful?"

The younger brother replied: "Two million!"

Chen Tianqiao looked at his brother but said nothing.

He never imagined that he would become the richest man in China five years later.

A year later, Chen Tianqiao and his brother did not wait for two million, but they waited for the Internet Great Depression.

The reason was that the first Internet bubble burst in the United States, Nasdaq technology stocks plunged collectively, large Silicon Valley companies went into debt overnight, liquidity disappeared, and no company was willing to invest in the Internet.

This cold wave quickly spread to China, making it difficult for emerging Chinese Internet companies.

As people everywhere wailed, Chen Tianqiao realized that Shanda must transform and find new sources of income to survive.

He decided to give online games a try, and went to Korea to win the agency rights for "Legend" at a very low price, namely 300,000 US dollars.

As for why he decided to switch to online games, Chen Tianqiao confessed that it was because he was gambling: "It's like I'm in a casino with only one dollar. Should I take the money home or take the last gamble? If I win a dollar, it becomes a thousand. If I lose, I will. Nothing left.”

The online game "Legend", just like its name, has really become a legend. Chen Tianqiao won the bet!

In 2002, Shanda made nearly 800 million in annual profits from "Legend" alone. Who would have thought that this was a company that was on the verge of bankruptcy two years ago?

Two-thirds of the computers in the Internet cafe are playing "Legend". Players will scream for getting a piece of top-notch equipment, attracting the envious eyes of other customers.

The success of "Legend" did not make Chen Tianqiao "dazzled". He attributed the success to "good luck."

After all, engaging in online games is a helpless move. If virtual communities have a future, he will definitely not take the initiative to engage in online games.

As he said, gambling can turn one dollar into a thousand dollars, all it takes is luck.

In 2003, Ma Xiaoyun held a "West Lake Sword Discussion" event in West Lake, inviting famous Internet tycoons across the country to participate in the discussion.

Chen Tianqiao has just become famous all over the world with "Legend", so he is naturally invited.

By the West Lake, Chen Tianqiao said that the Internet should create happiness for users. Only when they feel happy will people be willing to spend money.

"Legend" can bring happiness to users, so it can make money.

Shanda also wants to create more happiness for users.

As competitors in the online game market increase, the number of players of "Legend" is decreasing every month.

At that time, Zhang Yong, the executive in charge of the game sector, reported the situation to Chen Tianqiao. Chen Tianqiao said: "Calculate, how much money will we lose if "Legend" is converted into a free online game?"

Zhang Yong was shocked and speechless. Isn’t this just cutting down a tree that costs 900 money?

He raised objections in person, but Chen Tianqiao insisted on his opinion and changed "Legend" from a card charging model to an item charging model. Players can play for free, but value-added services require money to purchase.

This move extended the life of "Legend" for more than ten years.

From this perspective, Chen Mo feels that Chen Tianqiao is actually very courageous and visionary.

but.

Judging from the data, Shanda is not without problems.

Chen Tianqiao is famous for his nepotism within the company. His wife Luo Qianqian is responsible for the daily operations of the company. His brother serves as the financial officer and has some financial rights. The remaining relatives and friends are placed at the top of different departments.

If ordinary employees want to be promoted, they have no other way but to gain seniority.

This kind of Shanda is basically a family business.

In the Chinese business environment, family business and nepotism are synonymous and derogatory terms.

But Chen Tianqiao did not shy away from this: "I don't think there is anything wrong with family businesses. When SoftBank invested US$40 million in us, Masayoshi Son said that family businesses like Shanda are very united and efficient!"

It is true that everything must be viewed through dialectics.

When Chinese people hear nepotism, they will subconsciously make negative comments.

Li Hongzhang has a famous saying: "You say I am nepotistic, but I am not nepotistic. How can I be nepotistic?"

Why is the Huai army so powerful?

Because they are all relatives and friends, everyone knows the basics and has a common goal, so it is relatively easy to unite. From an economic point of view, nepotism can effectively reduce transaction costs.

However, Chen Tianqiao's wife Luo Qianqian has very strong personal abilities and manages the company in an orderly manner. Although her innovation ability has been suppressed, Shanda has not had any major problems and has been making steady money.

But.

In Chen Mo’s opinion.

If you manage a company in this way, the upper limit of a company's development will be locked!

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