He is Already a Tycoon at a Young Age! - Chapter 97
Only Noblemtl
#097
“Do you agree?”
“I think that’s what it should be.”
Ma Huateng agrees with what I say.
“We will communicate with the Chinese people through the messenger we developed, and the consumers acquired as a result of that communication will become the consumers of all the businesses that Mr. Ma Huateng will create.”
Ma Huateng nods his head at my words.
“I’ve only spoken my mind. So now it’s time for Mr. Ma Huateng to speak to me.”
“Let me tell you specifically about the business I am running.”
“I will listen.”
A smile appeared on my lips.
‘Ma Huateng’s company.’
In the future, it will become a 100 trillion won company.
‘If it were according to the original history.’
South African media group invests in Ma Huateng’s Tencent, taking a 34% stake.
‘So I.’
We plan to acquire a stake of more than 35%.
‘If it’s 35%.’
Just by doing simple math, I can see that the profits I will secure later will be as much as 350 trillion. That’s why everything is easy when you know the future information.
‘Ma Huateng, you fell into the trap I set. Hahaha!’
* * *
Internet Network Business Office, Ministry of Foreign Economic and Trade of China.
“Ma Yun ended up quitting?”
“Yes, I quit my job two weeks ago and am now working as a tour guide in Beijing.”
Jack Ma first founded Yellow Pages, and then joined forces with the Ministry of Foreign Economic Affairs and Trade to take charge of Internet network work, taking Yellow Pages’ employees with him.
So the Ministry of International Economic and Trade of China became the first government department in China to provide online services, and the person who oversaw it all was Jack Ma.
“The ill-tempered monkey couldn’t stand it anymore and jumped out of the safety of his cage. Tsk tsk!”
The Minister of Foreign Economic Affairs and Trade clicked his tongue as he recalled Jack Ma.
“It seems that he resigned immediately because the promise to give 30% of the management company’s shares could not be fulfilled.”
“Egoist. That’s impossible under the Chinese constitution.”
“That’s true.”
However, when the joint venture was established, China’s Ministry of International Economic and Trade agreed to give Ma a 30% stake in the joint venture that would oversee online services.
So, the one who was deceived first was the Chinese Communist Party, and from this point on, Ma Yun probably became dissatisfied with the Chinese Communist Party.
“Ma Yun is an outsider, someone we should keep our distance from even if he stays in the company.”
“yes.”
“He’s such a capitalist and individualistic person, it’s impossible to obey or control that kind of person. I’m looking for a way to get rid of him, and this is working out well.”
But what’s important here is that Ma’s resignation was only reported two weeks after he left the company.
* * *
“Did you say it was a game operation platform?”
After hearing Ma Huateng’s business plan, I proposed the game operation platform business.
‘You’re just talking nonsense and you’ve fallen asleep.’
Surprisingly, there was no business plan that could be implemented right away during Ma Huateng’s business explanation. So I first proposed the game operation platform business.
“Why are you so surprised?”
“no.”
“You have to make the most of the consumers you have. It’s hard to recruit members through online messengers, but after that, everything becomes easy.”
“I think so.”
“And China has a population of 1.2 billion. I highly value China’s development potential and marketability based on its population. Don’t young people in Korea and China really like games?”
Ma Huateng nods his head at my words.
‘One of the core values of the online world.’
It’s the game industry. So I plan to use Ma Huateng or Tencent to dominate the online game industry. And I need to start by creating a game platform where all games can be played.
‘Through the Ma Huateng.’
If we start a probability game item business in China too.
‘It’s going to be huge.’
In the global game industry, people in advanced countries like the US or Europe enjoy the game itself. However, if you look at developing countries, game users do not enjoy the game itself, but rather seek power within the game. Therefore, the game process is not necessary, and only the result is important.
‘Koreans are like that too.’
Chinese people are even more so.
And Chinese people have big hands. And they use it a lot.
‘When a company’s daily sales exceeded 20 billion.’
Tencent, Asia’s largest gaming platform company, is said to be terrified.
‘In terms of population and game consumer size.’
They say that Chinese game consumers are about 20 times that number. So, it’s just a numerical calculation, but if you multiply 20 by 20, the daily sales are 400 billion, so Tencent officials were shocked.
‘so.’
We need to develop a power-intensive game that Chinese people are crazy about, commercialize it through Tencent, and properly put a straw in the backs of Chinese game users by selling random game items for money within the game.
And the person who will be at the forefront of this work is Ma Huateng, who founded Tencent.
‘In a word, to game users.’
The curse will go to Ma Huateng. Of course, Ma Huateng will also make money.
“In the future, games will play a pivotal role in the future media industry.”
“I think so too.”
“There will be an increase in game users who cannot distinguish between the online and offline worlds. There will probably be an increase in game users who want to have power in online games.”
“That characteristic is the only thing Koreans and Chinese have in common.”
“Mr. Ma Huateng is right. So the company that Mr. Ma Huateng will establish will conduct e-commerce agency services, as well as game platform business and online game development business. Of course, the starting point of all businesses is the development and distribution of free online messenger programs.”
“I understand exactly what you are saying.”
This is Ma Huateng, whose eyes change completely.
“Then it’s time to get down to business. Can I invest in Mr. Ma Huateng?”
I haven’t told Ma Huateng how much I will invest yet, and I haven’t even told him what equity I want.
“You said investment, but you don’t want to invest. You want to hire me?”
This was the reason why the look in his eyes had changed so much.
“Why do you think so?”
“Based on our conversation so far, it was a process of explaining all the business items to me in more detail. Only the e-commerce agency service was my idea, and the rest were the CEO’s business ideas. So I thought he was not trying to invest in the company I was going to establish, but rather hire me to start the business himself.”
“What if I tell you that that’s your real purpose?”
“Ultimately, the real purpose of IT-related startup fairs is a trap to steal startup ideas. And I will have my startup idea stolen by Dongbang Investment Corporation.”
I laughed at Ma Huateng’s words.
“Hahaha, hahaha!”
“Why are you laughing?”
“Chinese investment firms use that method.”
“Hong Kong investment companies are ultimately Chinese investment companies.”
“That’s true. Since Dongbang Investment Corporation is a Hong Kong investment corporation, you could say that it is ultimately a Chinese investment company, but I am not Chinese, I am Korean.”
“I guessed it. Chinese and Korean people have different personalities and even different appearances.”
“Yes, the important thing is that even if Mr. Ma Huateng were to start a business now, no Chinese investor would invest in him. If any Chinese investor wanted to invest in Mr. Ma Huateng, they would not have visited the startup fair.”
“That’s true. Unfortunately, Chinese people don’t trust Chinese people.”
Ma Huateng is becoming more and more honest.
“I’ve talked too long. Let me answer the question that Mr. Ma Huateng asked me. The Chinese market is only generous to Chinese people. And I came here as an investor. In the future, political problems will arise in China and South Korea. If I hire Mr. Ma Huateng as the CEO and run the company under such circumstances? I will become the main enemy of Chinese consumers who are steeped in patriotism. So the Chinese market should be taken over by a Chinese entrepreneur. I will only invest.”
I looked at Ma Huateng and asked again.
“Can I invest in Mr. Ma Huateng?”
“Can you really trust me?”
“The analysis has already been done. I trust my team’s analysis.”
“So, how much can you invest in me?”
Now Ma Huateng’s eyes are sparkling.
Ma Huateng seized the opportunity.
And I took the opportunity too.
* * *
“For $5 million, I think we could complete the program you mentioned and build everything.”
I nodded slowly at Ma Huateng’s words.
“Okay, I’ll invest $5 million. And I’d like to get a 45% stake in the company that Mr. Ma Huateng will establish.”
Ma Huateng said as if he was a little embarrassed by what I said.
“I think you’re asking too much.”
“Isn’t 55% enough to maintain management rights? In addition, the initial investment is 5 million dollars, and the operating expenses that will have to be incurred when expanding the business will amount to hundreds of millions of dollars.”
“I know that, but if you list on the Hong Kong Stock Exchange, you will also need tradable shares.”
I initially thought of 35%. That was because the South African media group invested in Ma Huateng and received a 34% stake. But I was short on time and I knew I was meeting Ma Huateng and that Ma Huateng had nothing, so I asked for 10% more.
“When that time comes, let’s each give 15%.”
“Then I am at 40%.”
It’s Ma Huateng who immediately frowns as he speaks to me.
‘Continue to transfer that 40% and invest in Tencent.’
If Ma Huateng establishes Tencent and continues to hold a 40% stake, he will become a 400 trillion won billionaire.
‘Almost the richest man in the world.’
I’ll be like Elon Musk, who succeeded with electric cars. Of course, I’ll be even better.
“That should be enough to maintain management rights. I will be your strong white knight.”
I deliberately emphasized the word ‘white knight’.
Then Ma Huateng asked me.
“At what point does an investor stop realizing his profits?”
“Yes. But once all the programs I have mentioned are implemented, it will be a goose that lays golden eggs. I will not make the mistake of cutting open the goose’s belly in the name of profit taking. The dividend income alone will be enormous. And when you convert 15% into shares, I am sure you will recover dozens of times your investment.”
Ma Huateng will also give 15%, and I will also give 15%.
‘and.’
I intend to hold some of the shares through other investment firms that I control and in someone else’s name.
‘Of course I have no intention of taking away management rights.’
As I said, Chinese people are only generous to Chinese people.
“Hmm.”
“What I can promise for sure is that my investment will not interfere with management. There will be no seizure of management rights through equity.”
“Can you document that for me?”
“Of course. Of course, I would like to be allowed to give some business idea advice to the founder of Ma Huateng. Like today.”
“That’s natural. In the end, both investors and entrepreneurs prioritize profits.”
“Then, now you can decide.”
I looked at Ma Huateng and smiled.
“We will receive an investment of $5 million and give you the 45% stake you want. Of course, as you said, $5 million is the initial investment amount.”
As soon as I heard Ma Huateng’s words, I turned my head to the side.
“Dongbang Investment Corporation representative, please give the investment contract and the share transfer contract to Mr. Ma Huateng.”
“Yes, I understand.”
CEO Han Jun-ho immediately took out the contract document and handed it to Ma Huateng.
Now, in 10 years, I will become a stock tycoon beyond my imagination with Ma Huateng’s Tencent.
‘Tencent is in the trillion dollar club.’
Just 30% is $300 billion.
Time is on my side because I know the future.
‘Now all that’s left is Ma Yun.’
I have to put even the angry monkeys within the fence of my capital and make them earn money for me.