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The words were startling, and everyone's expressions froze in place; they hadn't expected that their re curiosity would elicit such a revelation. Such a shareholding proportion would absolutely make them the largest shareholders in any of their companies, yet they knew nothing about it!

"After we go back, we must thoroughly verify this!" Everyone silently took note of it in their hearts.

"So, Mr. Zhang, what's your take on war in the business world? Or to put it another way, what thods would you use to defeat your enemies in the realm of business competition?"

"It's quite simple!" Zhang nglong exclaid, "If it's a public company, just throw money to acquire shares, if a 10% premium doesn't work then offer 20%, if 20% doesn't work then 30%, and if that still doesn't work, double it, super double it! As long as all the company's shares are yours, there's no competition left!"

A few of them looked dumbfounded. What the hell kind of strategy was this? It was just throwing money around! Did it have to be so simplistic and brutal?

"What if it's a completely private enterprise?"

"Then headhunt, offer double the salary, throw in a car and a house, and dig out all their people! An empty-shell company is worthless!"

"Oh, fuck!"

Several world-class tycoons were dumbstruck by Zhang nglong's remarks; his approach was beyond their realm of knowledge!

Acquisitions and headhunting are the most common strategies in industry competition, but they presuppose sufficient capital, not to ntion whether the other party is willing to comply.

But Huaxia had an apt saying, "With money, you can make the devil turn the millstone; if you have a bit more money, you can even make the millstone turn the devil!" If you want to acquire soone's shares, a 10% or 20% premium might not be enticing, but if you bombard them with double or triple that, anyone who doesn't sell is a fool!

Indeed, holding certain capital long-term might yield far more than double or triple the returns after many years, but it's a lengthy process. If you now possess two to three tis the capital, you can certainly pursue more lucrative investnts!

Even these wealthy magnates would find it hard to resist the temptation if soone offered to buy their shares at double the price.

The sa goes for headhunting! But their typical headhunting would at most snag a few individuals of significant status and importance, whereas Zhang nglong aid to poach an entire company's workforce. This wasn't business competition; this was hooliganism! However, there has never been a rule saying you can't headhunt, nor a limit on the number you can recruit.

But regardless of the approach, it must all be based on the foundation of profitability. Leaving aside whether you have the money to support such thuggish business tactics, if you spend all your money buying shares and headhunting staff, what will happen to the company's future developnt?

"Mr. Zhang, we all understand what you're saying," Bila Gates said, laughing sowhat awkwardly. They suddenly felt there might be sothing wrong with asking Zhang nglong these questions, as his logic operated on a completely different dinsion from theirs, "But won't such business competition be too costly?"

Zhang nglong replied bluntly, "As long as you have enough money, to kill off your strongest competitor, are you afraid you won't earn back the money you've invested? Although there's the Monopoly Law, there are still many ways to operate, right?"

Zhang nglong simply recounted his strategy of dealing with NetEase Music, leaving the group of top-level tycoons agape with astonishnt.

Purchasing the music rights of all musicians outright, poaching the entire staff of a company—could these bold moves really be made by humans?

"But Mr. Zhang, you've spent so much money on acquiring rights, and even significantly raised employnt costs. Your profits might not cover the expenses even in ten years, and these costs will increase year by year. You're not making any money!" Walton pointed out Zhang nglong's flaw sharply.

Indeed, many years later, when Zhang nglong's enterprise completely dominated the music market, they would set the market rules, controlling the market with ease.

But this had a lifecycle, it wasn't achieved overnight. Even saying it would take ten years was an understatent. How many decades does one have to waste? It's utterly aningless!

"You guys, don't be so vulgar," Zhang nglong said with a laugh, "Do you know why I wanted to acquire Wangyi Cloud? Because their boss annoyed ! I felt good after taking down his company, and when I'm in a good mood, my health is good, and with good health, I can live another ten years!"

"What kind of logic is that?" The crowd was taken aback.

"Besides, if I have the money to acquire them, do you think I care about this expense?" Zhang nglong started speaking in Underworld lingo again, "Humans shouldn't always be after money. You can't comprehend my realm simply because you're not wealthy enough! At my level, I've lost interest in money. What's the point in spending more or less, earning more or less? The most important thing is to be happy!"

"Cough cough cough!" A few tycoons choked at Zhang nglong's words, "You're not wealthy enough." Each of them featured on the Forbes rankings, and so had even topped the list of the world's richest. And Zhang nglong was suggesting they... weren't wealthy enough?

Moreover, Zhang nglong claid to have no interest in money at all. The last person to say this was also an entrepreneur from Huaxia. Have the Huaxia people really beco so wealthy? Could it be that their status as a developing country is a scam, and everyone in Huaxia is silently making a fortune?

Zhang nglong never expected that his offhand remarks would completely overturn these tycoons' perception of Huaxia.

"Mr. Zhang's words... really have been very enlightening..."

"Um, we have so other matters to attend to, so we'll be taking our leave first."

"Yes, yes, yes, we need to et a few more friends. We'll co back to seek Mr. Zhang's advice when we're free!"

After exchanging a few pleasantries, they fled as if they had seen a ghost. Continuing the conversation might even lead them to doubt whether they were the poor ones. Could the Forbes rankings be playing a joke on them?

"This..." Zhang nglong pointed to the backs of the retreating tycoons and said, "Poladi, you can't bla

for this. They wanted to hear about my experiences, and I was just honestly sharing."

Poladi imdiately showed a helpless wry smile, knowing full well that everything Zhang nglong said was true, without any exaggeration. But that was exactly why nobody could handle it!

"Mr. Poladi, I think your friends' hearts have suffered a severe shock. You should probably go and comfort them," Wang Ling joked from the side.

"Then, I'll excuse myself for a mont. Mr. Zhang, Mr. Wang, please feel free to continue."

...

"Tsk, they're supposed to be on the world Forbes rankings, yet they can't handle a little provocation!" Wang Ling said with a hint of disdain.

Ever since he t Zhang nglong, he had been subjected to a daily dose of Versailles literature to the point where he was becoming immune to Zhang nglong's flamboyant maneuvers. These people got upset after just a few minutes; their psychological resilience was indeed too weak.

You are reading I Inherited 5,000 Ye Chapter 208 206: It's That Simple and Rude on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
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