Chapter 1025 – If we cannot buy them, poach their staff
“Seppuku is for the cowards. If you failed at sothing, you should be thinking of how to pick yourself up. Death is just a form of escape. I do not want to hear you saying this again.” Feng Yu patted Kada Masao’s back.
If you kill yourself, who is going to recover my losses? I trusted and grood you is for you to help make more money. I don’t care about your ‘samurai spirit’!
“Yes, Boss. I will no say this again.” Kada Masao is not a Samurai. In front of Feng Yu, he is a subordinate, but in Japan, he is also an influential businessman.
The Sixth Sense company is currently the number one in its industry and owns most of the market share. Their brand is now famous around the world.
Kada Masao is only kissing Feng Yu’s ass but had got it wrong this ti.
However, Kada Masao imdiately tells Feng Yu a piece of good news. “Boss, we had acquired Nexon now, but their company had set up an independent subsidiary in the US.”
Does this an this company is targeting the US market? It is normal for the company to set up an independent subsidiary. The shareholders of this company might have wanted to focus on developing gas, but how can the South Korean market compare to the US market? Now, the shareholders had gotten a large sum of money, and they can start their plans for the US market.
But Feng Yu felt they would fail. Although the gas developed by Nexon are not bad, they are not the top.
Although the internet is more developed in South Korea, compared to China, its population is low. Even in the year 2000, more than 100,000 Koreans were online at the sa ti, which is considered a successful ga.
South Korean online gas only require a few servers, but in China, the number of servers must be multiplied by ten!
Nexon only reaches their peak after they had developed Crazy Arcade, Crazyracing Kartrider, Dungeon Fighter Online, and Counter-Strike Online.
At that ti, Nexon has more than a dozen subsidiaries all over the world and is working with lots of companies. They might not be the best in the industry but is consider worthy competitor by other major ga developers.
This company is only diocre, but its developnt team is still quite good.
“What about their ga developers? Did they send them to the US?” If Feng Yu had bought an empty shell, his losses would be great. To Feng Yu, talented staff is more important than the brand. It is easy to build a brand with a good product. Still, it is hard to find talented staff with experience, technical knowledge, and ideas.
“Other than the ones that were sent to the US before our acquisition, most of them are still around. But so of the managent staff had resigned. They are the pioneers and shareholders of the company and had gone to that company in the US. Only one of them, who is in charge of gas’ operations, remained. I intend to appoint him as the company’s CEO.”
Feng Yu is satisfied to hear this.
“Good. What about that NC Software?” This is the company that developed Lineage, JX online, etc. and is quite strong.
“We are still negotiating with them, but they are greedier than Choi Woong. Their startup capital is less than 1 billion Won, and they are asking for 50 million USD!”
50 million USD?! These people are asking for too much. Do they think that they can make lots of money when they developed a successful ga? Or did they thought their company’s value would be multiplied several tis after they got listed? Or did they know Kada Masao is representing Feng Yu and felt Feng Yu, as a super tycoon, will not mind this amount?
“We will not acquire this company anymore. But I feel their staff is quite capable, and our company’s salary and benefits are more attractive. We should open our doors to welco these capable people.”
Feng Yu sneered. If you all had already developed the popular classic gas in my previous life, we could still negotiate. But the gas you developed now is not worth it.
Even if I don’t acquire your company, I can acquire your n! After I had poached all your developers, I shall see how you are going to develop new gas!
Feng Yu is striking at the root of the problem and making all talented staff join the two companies he acquired. Even if so of these people start their own ga company, but they will not be as successful as Feng Yu’s previous life.
A tree sapling might be able to grow in between trees, but it can’t grow as tall as the other trees!
Feng Yu wants to buy these companies, but he values their developers more.
Kada Masao imdiately put on the ‘you are so smart’ expression. “Boss, you are so smart. This way, NC Software will not be a threat to us!”
“Oh, how you registered the gas holding company in Hong Kong?”
“Yes. I had registered Wind and Rain Gas Holdings. Actoz Soft and Nexon will be subsidiaries of this holding company.”
Feng Yu nodded. “What is the progress with CUC International? Are they willing to sell their Blizzard Entertainnt’s shares?”
“We are still negotiating with them, and we stand a high chance.”
“Ok. You must acquire this company as I like their technologies. Also, have you contacted the rest of Blizzard’s shareholders? Are they willing to sell their shares?”
“Other than so founders, the rest are willing to sell. If we manage to buy the shares from CUC International and so shareholders, we should own more then two-thirds of the shares. We will have the super-majority of the shares!”
“Very good. We will get high profits from this company, and they will be our stepping stone to enter the US and European markets!” The ones who refused to sell their Blizzard’s shares are the ones who love the company, and the company needs these people.
Blizzard is strong in its technologies, branding, and distribution channels.
But Kada Masao is curious. This company is developing single-player gas, and Feng Yu had said they must focus on online gas. Is Feng Yu thinking of making Diablo or Warcraft into an online ga?
Boss must have his reason for acquiring this company, and Kada Masao only needs to carry out his orders.
“Boss, I also have a ga developnt company in Japan. Can I rge it with Wind and Rain Gas Holdings?” Kada Masao asked.
“Eh? You also own a ga developnt company?”
Feng Yu rembers that Japan is good at the arcade and console gas. They are also good at RPG gas, but they don’t have any good titles in online gas. Maybe they do have good online gas, but these gas are no popular in China.
“ELF Corporation.”
Translator’s notes:
Nexon
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