As a mage, I just want to pursue the truth

Chapter 338 Acquisition
“I’d like to tell you a piece of news in advance. We have already reached an agreement on the acquisition with Kechuang Biotechnology. Soon they will send a vice president to take charge of finance and personnel. We will need to move to Gusu later.

Only a few people will stay in Yangcheng.

Those with families in Guangzhou will be given priority to stay. As for other young people, we will consider them on a case-by-case basis unless there are compelling reasons to stay.

Everyone should be mentally prepared.

Being merged into the KeChuang Biotechnology system is an opportunity for everyone.

One of the important reasons why we have not been able to grow big before is the lack of traffic.

Relying on word of mouth among players, the tap-water-style publicity method has a clear upper limit.

Moreover, we use other people's channels and need to pay large fees for the channels.

Apart from anything else, after being acquired by Kechuang Biotechnology, at least the science and technology innovation tax will no longer have to be paid.

FutureOS's built-in store will also have a traffic bias towards us.

For everyone here, everyone has the opportunity to circulate within the science and technology innovation system.

For example, you can go to Ke Chuang Future to do development, or go there to be a system-level product manager.

It is also a good thing for everyone, and there will be many more opportunities.

So being acquired by Sinovation Biotech is a big plus, but of course there will be a period of adjustment in the early stages.”

After Chen Ran finished speaking, he returned to his office.

The current Red Fox Studio has been renamed Red Fox Entertainment.

Relying on the success of "Feather of the Lawbreakers" and subsequent VR games, Chihu Entertainment has entered the route of film and television development and IP integration.

That is to create an IP universe around the theme of Cthulhu in the Ming Dynasty.

"The Feather of the Lawbreakers" is the pioneering work of this series, which mainly revolves around the Wangfujing explosion at the end of the Apocalypse.

Obviously, there are more than one event in the late Ming Dynasty that can be based on real history and developed into a fantasy.

And the timeline can not only move backwards, but also move forwards.

Relying on near-perfect game graphics and a unique worldview, as well as precise gameplay and a terrifying game plot that makes you think deeply.

Red Fox has been doing very well in the gaming industry in recent years, and the game movies it created have also achieved quite good box office results.

At least it is one of the best movies adapted from games.

Therefore, Chihu Entertainment enjoys a high valuation in the investment circle and is known as the second-ranked unicorn in the gaming industry.

The number one ranking is naturally miHoYo.

It is not uncommon for game manufacturers to create series of games. This is a custom passed down from the stand-alone era.

Famous foreign masterpieces have released sequels one after another.

It’s just that before it was called a series of games, but now we are called creating an IP universe.

The word has changed but the meaning remains the same.

Just like before the trailer for Ke Chuang Bio came out, everyone from the industry to the general public was talking about the metaverse.

Now that the metaverse has arrived in the true sense, people no longer talk about the metaverse, but start talking about virtual reality.

In China, it is called virtual reality, while abroad, the new product to be launched by Ke Chuang Biotechnology is called real virtual world.

We need new words to package old concepts, but once the concepts are implemented, newer words are needed.

Concepts are trends. In an era when the speed of technological iteration is getting slower and slower, companies need new vocabulary and new concepts to package a bunch of shit and feed it to capital.

Capital also needs new concepts and packaging to make the leeks take over.

Whether it can be made or not is another matter, the leeks must be cut first.

The savvy people in the investment circle can naturally see that this is a scam, and even the leeks can see that this is a scam.

The interesting thing is that everyone knows that this is a scam, but they all think that they are not the ones who will be cheated, and they can successfully raise the price and sell it to the next buyer.

When the Metaverse is no longer a scam and is truly implemented, it will not make much waves. We will have to look closely at which company has the technology, market, revenue and profit.

When Chen Ran was still in the office area, no one dared to discuss loudly. After Chen Ran left, the employees of Chihu Entertainment suddenly became noisy.

“The company is actually going to be acquired by Kechuang Biotechnology?

I remember that Kechuang Biotechnology has never acquired or invested in any external companies. Ran is awesome! "

“Yes, for so many years, Kechuang Biotechnology has been criticized by the outside world for its slow response to the financial market.

I read online before that if Ke Chuang Biotechnology could invest in some good companies upstream and downstream of the industry chain in the early stages of the development of the VR industry, its market value could be 30% higher than it is now.

At that time, since Kechuang Biotechnology was the only company engaged in brain-computer VR connection, all upstream suppliers needed to look to Kechuang Biotechnology for feedback.

They can invest in any company they want as long as they want.

Companies like Dami and Tencent have invested a lot, but only one supply chain company, Sinovation Bio, has not invested in it.”

"When did you say Mr. Ran started talking to Kechuang Biotechnology? Why is there no news at all?"

In the early days of Red Fox, when the actual gameplay trailer of "Feathers of the Lawbreakers" was released, there were often reports that outside investment institutions or companies wanted to invest in Red Fox.

There have been rumors that companies like Tencent, QQ, Perfect World, and ByteDance are planning to acquire Chihu Studios.

Whenever there were rumors in the early days, everyone would discuss it in small groups, imagining that they would be able to obtain more resources after being acquired by a large company.

Every time similar rumors come to nothing.

Later, everyone knew that Chen Ran was completely resistant to outside investment and rejected all investment intentions.

Even if very generous conditions are offered.

"It is estimated that Sinovation Biotech has offered the boss an offer that he cannot refuse. As a giant that has surpassed Tencent, Sinovation Biotech has probably offered very generous conditions in terms of resources at other levels in addition to money.

I guess what will impress the boss the most should be the virtual reality device that Kechuang Biotechnology is about to launch.

If it is really like what people speculate online, it is a virtual world-like existence, and one can create his own virtual world.

This is a fatal temptation for gamers. "

"Ran is still very courageous. If it were me, I would have sold the company when Tencent offered a price.

How can we wait until this time?

After all, Mr. Ran also came from Tencent. If he succeeds in starting his own business, he might be able to take over Ren Yu's position and become the president in charge of the interactive entertainment business group.

In terms of both reputation and strength, Ke Chuang Bio is stronger than Tencent.

But after all, Kechuang Biotechnology is more of a hardware manufacturer, so its room for development in this system is limited.”

"I think it's mainly because of virtual reality technology."

"Wait for the news, everyone will know the specific reason later."

The employees of Red Fox Entertainment had a heated discussion.

In the past decade, Sinovation Biotech has risen like a rocket, with its market value surpassing Apple to become the world's most valuable Internet company. After the release of brain-computer VR, Sinovation Biotech began to be regarded as an Internet company, and the biopharmaceutical sector was regarded by the outside world as a non-core business of Sinovation Biotech.

Chen Chi, as one of the people who followed Chen Ran to start the business, is also the only one of the original founding team who has persisted to this day.

He couldn't understand Chen Ran's behavior.

"Chen Ran, when we first started our business from Tencent, didn't we just want to make the games we wanted without any constraints?
This is what you told me before when you rejected investments from Tencent, ByteDance, and QQ.

At that time, Tencent promised to only invest and not interfere in our operations and management, but you refused.

This time, Ke Chuang Bio is acquiring us and will also send a vice president to deeply participate in our business management.

Human resources and finance are the most important powers in an enterprise, and it is obvious that the other party has bad intentions.

Why did you accept the acquisition by Kechuang Bio?
I don’t understand. ”

Chen Chi said it very directly, he has the qualifications and the connections.

Chen Ran said: "We can create a virtual world. Is this reason enough?"

Chen Chi shook his head and said, “Not enough.

We are a game development company. Although the company has been emphasizing pan-entertainment operations in recent years, in my heart, we are a game company.

As a game company, not being acquired does not affect our development of virtual reality games.

Kechuang Biotechnology has launched a virtual reality device. Don’t they need game developers to enrich their entire software ecosystem?
Or do you think that the three hundred or so of us have the capital to help Ke Chuang Biotechnology build a virtual reality operating system?

If it is an operating system, it is simply not enough for us to do it, and our developers do not have this experience.

If we just want to create a virtual world like gaming, we don’t need to be acquired by Ke Chuang Biotechnology.

Judging from the way Zheng Li and Kechuang Biotechnology behave in the outside world, even if you reject their investment, they will not use this as an excuse to embarrass us.”

Chen Chi is 1.8 meters tall and weighs 200 kilograms, which makes him quite oppressive.

Although the office was large, Chen Chi was sitting on a chair that weighed him down so much that he could hardly breathe.

Just one person makes the entire office seem a little crowded.

Chen Ran sighed and said, “Well, the actual reason is that we can’t refuse.

Didn't you always suspect that there were no investors at all and that I took out the money myself?
Because the investor has not shown up for so many years. How could anyone invest hundreds of millions in a company and then never take care of it?

They don't even care about dividends and business operations.

Now I can tell you that my original investor was Zheng Li. Now they want to incorporate us into the Ke Chuang Biotechnology system, and we have no right to refuse.

The reason why I rejected investments from those companies and investment institutions before was not only because I didn’t want to be interfered with by the outside world, but more importantly, because I didn’t have the power to do so.”

Chen Chi's eyes, which had been squeezed so tightly by the fat that they were invisible, opened wide. His eyes had never been so big before.

When Chen Ran told him that he had received an investment of hundreds of millions of RMB, he didn't seem so surprised.

"Zheng Li? How do you know him?

Hasn’t Zheng Li been in Gusu all the time and never left Gusu?

There is absolutely no common ground between you two.

It shouldn’t be like that.”

To them, Zheng Li was like a figure from another world, someone they had only heard of but never seen.

It’s like when they were just unknown employees of Tencent, Pony Ma suddenly came and said that he wanted to set up a company just for them.

In fact, when Ke Chuang Bio released the preview video of the virtual reality device, Chen Ran had some guesses about Merlin's true identity.

As professionals in the industry, they naturally know how far away true virtual reality is from them.

The result was just as he expected. Li Miaomiao soon called him through some means and discussed with him the equity transfer and the subsequent dispatch of senior executives to Chihu Entertainment.

Chen Ran had no power to refuse, nor the ability to refuse.

Unlike Zheng Li who does not interfere with the operation of Chihu Entertainment and only needs to meet his demands, Li Miaomiao has a strong desire for control in her career.

She could not tolerate Red Fox Entertainment remaining outside the system as it is now.

In Li Miaomiao's view, since it does not choose to cooperate with the Internet giants of the old era, the position of Chihu Entertainment becomes particularly important.

Therefore, Li Miaomiao planned to move Chihu Entertainment to Gusu and deeply participate in the operation and management of the enterprise.

Chen Ran reminded: "Do you remember when brain-computer VR first came out, we were still working at Tencent.

There was an internal competition for game proposals, and Li Miaomiao came to serve as a judge.

She was very impressed with our proposal at the time.

Later, it may be her who acted as a go-between and let Director Zheng see our game plan.

Then Mr. Zheng also thought it was a good idea and came to discuss investment with me, asking me to make the game.”

What Chen Ran said is quite similar to the actual situation.

Chen Chi believed this statement as soon as he heard it. He sighed and said, "No wonder. They had always suspected that all the shares of Red Fox Entertainment were in your hands.

You said that other people invested in Chihu, but that was just an excuse so as not to give them equity.

It turns out we misunderstood you."

The option pool of Internet companies is very important, which can effectively motivate senior executives and core backbones.

Basically, Internet companies will use option incentives to reduce the company's operating costs while motivating their employees.

After the great success of "Feather of the Lawbreakers", the team that started the business with Chen Ran hoped that he could set aside a portion of his equity as an incentive pool.

Chen Ran refused on the grounds that he did not have the authority. Later, no investor showed up, and Chen Ran could not produce any relevant agreement to prove that there was really an investor.

After all, when Zheng Li invested, he never signed an agreement.

No matter what Chen Ran said, no one believed that there were investors behind Red Fox.

They believe their demands are low and they only need to set aside 20 percent of their shares as an option pool as part of their incentives.

Although Chen Ran did not agree, Chihu Studio became more and more successful, and the members of the founding team also became famous and had representative works.

So they left one after another.

Since Chen Ran is unwilling to offer equity benefits, they will go to other companies that can offer such conditions.

These years happen to be the years when VR games are booming, and the outside world can offer higher salaries.

The only one who has persisted until now is Chen Chi.

Because of this, Chen Chi has a lot of prestige within Red Fox Entertainment, and Chen Ran's attitude towards him has remained the same for ten years.

It’s a bit late, sorry, I was doing nucleic acid in the morning.

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(End of this chapter)