Losing Money to Be a Chapter 623 - Boss Pei’s ‘Scrounge’ Formula

Chapter 623: Boss Pei’s ‘Scrounge’ Formula

August 19th, Friday...

Pei Qian ca to Shang Yang Gas to supervise the progress of spending money. Other matters could wait but not spending money.

Such a huge amount of money was impossible to spend it all in one shot. For example, it would take ti to organize matches, determine the schedule and venue, send invitations to various clubs, and ask them to apply for visas in advance.

If the processing was not fast enough and a certain amount of money had not been spent before the settlent, then it would beco very rigid.

Two weeks had passed since the previous spending plan was finalized. A lot of work should have been done. It was ti to be updated.

The mbers of Shang Yang Gas had arrived in the conference room. Everyone looked more relaxed as compared to the previous eting. Every ti Boss Pei made his move, the others would feel very at ease... that everything was developing towards a better direction!

Lin Wan sorted out the information in her hand and began reporting on the recent works.

“I’ll update on the dostic server first.

“Our main focus of work in the future would be the global server, but I’m also paying attention to the situation with the dostic server because the dostic server is the basis of GOG. There is no room for mistakes.

“It is worth ntioning that Eric’s second attack has failed.”

Eh?

Pei Qian was a little flustered. He finally rembered who Eric was this ti. It was that executive that was sent here to be in charge of the IOI dostic server.

However, for the second attack to fail as well? Was it still so efficient?

Pei Qian did not even know when the second attack happened...

Well, that was a little awkward. News of victory reached Boss Pei’s ears earlier than the beginning of the war. That was very outrageous.

Lin Wan continued. “After the initial strategy failed, Eric changed to a different strategy starting with the ga’s peripheral industries.

“He found several dostic live-stream platforms, well-known live strears, and so veteran clubs; hoping to cooperate to promote IOI. The results are the sa as before. He was either declined nicely or kept at bay.

“I can only say that, until now, GOG had been monolithic in China. Live-strears, internet cafes, clubs, etc. are all towards them, sharing huge common interests with GOG.

“Moreover, this common interest includes not only short-term imdiate interests... but also long ti interests in the future. Internet cafes, live-streaming platforms, and clubs believe that IOI had no chance of winning. It is obvious that it is more important to side GOG in the long run.

“Eric might be able to give so short-term benefits, but there was no way for him to guarantee long-term benefits because he could not establish strong enough confidence for these people.

“And confidence is the key.

“Eric even wanted to sponsor so clubs in establishing their own IOI divisions, but he was rejected. On the one hand, Eric’s price was not high enough; on the other hand, these clubs are also afraid of causing our dissatisfaction to miss out on the upcoming international invitational competition.”

Pei Qian sighed silently. Eric was so miserable. He originally wanted to fight with GOG to the death, but he was stuck at the first step, unable to even spend the money.

Of course, if Eric was really willing to spend a fortune, he could most definitely be able to spend it. In the end, he did not offer enough. Internet cafes, clubs, live-streaming platforms were not tempted at all, naturally giving him a closed door.

Pei Qian could not help but sigh. Eric was really a genius!

He couldn’t even buy over anyone to his side and had remained at the ti before the launch of the offensive.

Really envious.

“This Eric is really a talent. He was over-the-top when he first ca, but is that it now?” Wang Xiaobin exclaid.

Ye Zhizhou also said: “It might be a little unkind to say, but I really want to know what his expression is now.”

Lin Wan smiled. “To be honest, it is not all his fault.

“Eric is only the person-in-charge of the operation of IOI’s dostic server after all. His money is all from Dayak Corporation and Finger Gas. He cannot spend it casually.

“People would always turn around if the price was enough and if he could really spend without restrictions. The problem is he can’t.

“Dayak Corporation might be very rich, but this contradicts with them.

“Dayak Corporation is all about money. They have to see tangible benefits when the money is spent. Just like how they spent a huge amount of money to acquire the Finger Gas that we simply cannot afford to buy because they saw the achievents IOI had internationally.

“I believe in the future, Finger Gas will create even more value for them over their purchase price.”

“However, Eric wants to spend a huge amount of money on the promotion of the dostic server, and it is difficult to convince the senior managent of Dayak Corporation.

“What’s more, it may not be effective even if the money is spent. Eric would be blad if it ca to that so he dare not take the risk.

“There is also gossips that we can consider as evidence.

“It seems like Finger Gas has been preparing for IOI international competition, but they have a limited budget and have only prepared 100,000 US dollars. They were then acquired by Dayak Corporation so this matter took a backseat.

“When Finger Gas had such an idea again, we had already announced that we were going to host a global invitational tournant and had increased the bonus more than a dozen tis. The championship prize alone will reach one million US dollars!

“That is very awkward for Finger Gas.

“IOI is launching a global offensive on GOG. The prize pool is only 100,000 US dollars if they were to do it. It is too shaful; it’s better not to hold it. Their bonus had to be close to us at least if they did not want to be ashad.

“However, there seed to be no consensus within the Dayak Corporation on this since the acquisition had consud a large amount of cash flow. Many of the senior managent felt reluctant and thought that it was not worthwhile.

“It is not that they had no money, but they were not willing to spend money. Therefore, this matter can only be shelved.”

Pei Qian nodded silently. He originally thought that Eric seed to be a talent, but now it seed like he wasn’t. The main reason why Eric was smashed in the dostic server was that of Dayak’s managent.

Pei Qian’s ability was not in how much money he had but how much he dared to spend.

It would seem like you are 10 tis richer than

when I have 100 yuan and you have 1,000 yuan. However, I was fine with spending the entire 100 yuan while you have to weigh the pros and cons of spending 20 yuan. Therefore, I am stronger in monetary terms.

Pei Qian soon beca disinterested in Eric’s affairs.

Eh, I thought he could put so pressure on GOG in the country so that I could spend another wave of money and earn less.

He was disappointed.

Pei Qian had a bad feeling about this.

“However, his third attack has begun,” Lin Wan continued.

“In the first two attempts, he seed to have realized that GOG’s base is very stable, including the internet cafes, clubs, and live-stream platforms are all deeply tied to us. GOG-related industries are all under monopoly. He would not be able to do anything to get in.

“Therefore, Eric probably changed his thinking to get other players who had yet to play GOG to enter IOI. They seem to plan on focusing on third parties such as beverages, male skincare, mouse, and gaming chairs for collaboration.

“Boss Pei, do you think we should follow suit?”

Pei Qian’s eyes brightened up.

This Eric actually found a breakthrough even though he was in such a passive position? Cooperate with third parties? Why didn’t we think of it previously?

Very good, this Eric has given

new avenues to spend money!

I’m grateful to him!

Pei Qian nodded. “Necessary, definitely necessary!”

“Watch him closely. Cooperate with whoever Eric cooperates with. We’ll follow closely behind no matter who he chooses! No need to use your brain, just spend money, how easy!”

Everyone could not help but show the sa expression.

Tengda Gas did the sa when Shang Yang Gas was pushing the IOI dostic server previously. GOG would follow behind them brainlessly no matter what sort of promotional thod IOI thought of!

The word ‘scrounge’ was enough to make everyone in Shang Yang Gas desire death.

There would be no way out for IOI if GOG were to follow them brainlessly since GOG had already crushed them in dostic users. At the sa ti, everyone was now more certain that what Tengda Gas did previously was sothing they learned from Boss Pei.

These hooligan tricks were all the sa!

Everyone was saying their prayers for Eric, watching the fire from the shore.

Pei Qian, on the other hand, was imrsed in the joy of discovering a new way to spend money. He did not care about Eric’s life or death.

“Alright, this matter is settled. Continue.” Pei Qian waved his hand.

“GOG’s overseas promotion had achieved good results,” Lin Wan continued.

“Boss Pei, we have acquired a comic company in the United States with the remaining 20 million US dollars. This company, Hurricane Comic Company, has less than a 5% market share. We have decided to use its biggest IP, Multifaceted Man, as the main hero for publicity.

“We have put up the publicity of the Multifaceted Man and GOG in Tis Square, subways, bus stations, and major websites after so preparation. GOG’s overseas users are growing rapidly by the day.

“GOG’s conscience pricing is highly acclaid among overseas players. It’s interesting that Literary Genius of the Winds, Ruan and Modest have also won the love of overseas players.

“Tengda Gas has now completed the production of the Multifaceted Man which can be launched during the weekend. There should be a surge of traffic then!”

Pei Qian frowned slightly. “Wait, the Hurricane Comic Company you just ntioned... it didn’t happen to make a movie called Iron Man, right?

“Iron Man? What’s that? Hurricane comics did not have any film-making capabilities and is on the verge of bankruptcy. Otherwise, we would not have been able to buy them for 20 million US dollars.” Lin Wan shook her head, a little lost.

Pei Qian was relieved.

Yes, what did I say? I can’t be that unlucky every ti.

It would not be possible for

to always buy companies that are seriously undervalued, right? That would be way too unscientific.

I was still having headaches about how to spend the 20 million US dollars previously. I could finally rest assured now that it had been spent smoothly.

Moreover, they bought a comic company that not only had less than 5% market share but was also about to go bankrupt. It would not be able to bring down IOI overseas, which is great.

The offensive should not be too violent; let GOG eat away at IOI’s market share bit by bit. Dayak Corporation would then resist, and GOG would continue to spend justified promotional money.

You expand your market share; I grab your market share. This cycle would form a perpetual loop. GOG and IOI would then continue to play happily on the overseas servers. Everyone burns money happily.

Wouldn’t that be beautiful?

Dayak, I have no choice but to make you my new money-burning tree since you bought over my old money-burning tree—that was IOI dostic server!