I can become stronger by paying salaries. I have one billion employees!

Chapter 537 Chen Yansen: Then 600 million! A bunch of lunatics, do they even know how to do business

Chapter 537 Chen Yansen: Then 6 million! A bunch of lunatics, do they even know how to do business?
In less than ten minutes, Chen Yansen arrived at No. 8 Stephens Road.

Temasek is only about ten times the size of Pudong International Airport. Whether you're traveling from south to north or from east to west, it takes at most half an hour.

As the car turned at the intersection, the surrounding high-rise buildings instantly disappeared, and we entered a quiet manor amidst the hustle and bustle.

Judging solely from the size and decoration, the living conditions of this former richest man in China are even better than those of Li Qianlong.

Two white marble lions stand at the entrance of the manor, with auspicious cloud patterns carved on their bases.

As you walk further in, a winding bluestone path winds through a grove of camphor trees. Sunlight filters through the lush foliage, casting dappled shadows on the path, and the air is filled with the fresh scent of grass and earth.

A man-made lake ripples with clear water, and weeping willows line its banks.

A small octagonal pavilion was built on the lawn, complete with a stone table and benches. A middle-aged man of about forty years old, wearing a loose Chinese-style short shirt, was staring blankly at the lake in the distance.

He only turned his head when he heard the sound of the wheels rolling over him, his gaze fixed intently on the Maybach that was slowly approaching.

"Judging from the car he's riding in, he doesn't look like a young man in his early twenties at all," his wife joked with a smile.

She couldn't help but recall that when her husband was that age, his favorite things were sports cars.

"Perhaps that's what makes him special."

Chen Tianqiao replied.

As soon as he finished speaking, he strode towards the intersection where the bluestone slabs and cement ground met.

In terms of seniority, he is indeed older than Chen Yansen.

However, in terms of achievements, he is far inferior to Chen Yansen.

Therefore, Chen Tianqiao did not dare to be presumptuous and took the initiative to go to meet him.

"Click"!
Xiao Li jogged out of the car and opened the door for Chen Yansen.

Chen Yansen got out of the car, took a few steps forward, stopped opposite Chen Tianqiao, and raised his right hand, saying, "President Chen, it's a pleasure to meet you!"

"Mr. Chen, I haven't been involved in company affairs for a long time. If you don't mind, you can call me Lao Chen or Brother Qiao."

Chen Tianqiao waved his hand and said.

He suffers from severe anxiety disorder and has gradually withdrawn from the business world since six years ago.

While others are still striving, he has already begun to retire and enjoy his old age.

There's no way around it; compared to Lei Yijun, Chen Tianqiao is more like someone who's cheated.

He was admitted to Fudan University in 1991 and completed all his credits ahead of schedule in just three years, graduating smoothly.

He then joined a state-owned enterprise, and in the second year he was promoted to deputy general manager, and in the third year he became the chairman's secretary.

Following a normal career trajectory, given his rapid promotion, he could very well become the head of a state-owned enterprise within ten years.

But just then, the big boss who promoted him was suddenly transferred.

Chen Tianqiao did not want to join the Central Bureau, so he resigned and joined a securities company instead.

A year later, in 1999, he made 50 yuan by trading stocks.

At the time, this amount of money could buy 5 to 10 apartments within the inner ring of Shanghai.

Instead of using the money to buy a house, he used it to start a community website called Stame, which raised $300 million a year later.

In 2001, Shanda Games acquired the agency rights to "Legend of Mir," and within just three years, it successfully took the company public, reaching a peak market capitalization of over US$55 billion.
Back then, in 2005, Chen Tianqiao already had a net worth of over 10 billion yuan.

At that time, Ma Liyun had just founded Alibaba, Lei Yijun was still Qiu Bojun's senior employee, and Zhou Hongyi had just sold 3721 and started to found 360.

This demonstrates just how quickly Chen Tianqiao rose to prominence.

Of course, they are still no match for Chen Yansen.

Because Chen Tianqiao's skill was like having a cheat code, while Chen Yansen's skill was genuine.

"Then I'll still call you Brother Qiao."

Chen Yansen replied with a smile after hearing this.

"The weather's nice, why don't you come with me to enjoy the breeze and soak up the sun?" Chen Tianqiao suggested.

“Okay,” Chen Yansen replied.

The two walked towards the pavilion.

Sunlight streamed through the sparse clouds, warming me, and the breeze carried the scents of grass and flowers.

Song Yuncheng followed silently behind.

Chen Tianqiao sat down on a wicker chair at the edge of the lawn and pointed to the empty seat opposite him: "President Chen, please sit down!"

He casually picked up the purple clay teapot on the table, poured tea into the cup, and the amber-colored tea soup, with wisps of steam rising from it, instantly filled the air with its aroma.

"This tea is pre-Qingming Longjing tea sent from my hometown. Try it." Chen Tianqiao picked up the cup in front of him and took a small sip.

He glanced at Song Yuncheng at the same time, but Chen Yansen didn't introduce her, and he was too lazy to ask.

Chen Yansen took a sip and nodded in approval.

"I have no objection to Mr. Chen wanting to buy Shanda Literature."

Actually, the company planned an IPO back in July of this year, and the team had spent a considerable amount of time preparing for it, with all the necessary documents basically complete.

Chen Tianqiao's tone carried a hint of emotion: "But later the market environment changed, and after comprehensive consideration, the plan was temporarily shelved. Now that President Chen is willing to take over, it may not be a bad way out for Shanda Literature."

Before setting off, Chen Yansen had conducted a thorough investigation of Shanda Literature, so he naturally understood what Chen Tianqiao meant by the changes in the market environment.

The only difference is that Ma Wenteng founded Penguin Literature, which adds another layer of uncertainty to Shanda Literature's IPO.

A web-based literature platform with limited profitability and facing challenges from Tencent would find it difficult to attract investors even if it successfully went public. Rather than becoming a laughingstock after a bloodbath IPO, it's better to postpone the plan for now.

After all, Shanda didn't bring Chen Tianqiao much profit; on the contrary, he made a fortune in the investment field.

"This is a quotation prepared by the strategic investment department of Senlian Capital."

Chen Yansen handed over a document.

"I won't look at it. Mr. Chen, name a price. If it's above my expectations, we can discuss the terms in detail. If it's too far off, we'll save each other's time."

After Chen Tianqiao finished speaking, he picked up his cup and continued drinking his tea.

Chen Yansen realized that although this guy said he wouldn't interfere in company affairs, he was clearly very knowledgeable about business details.

Loading!

Chen Yansen commented to himself.

But he was determined to acquire Shanda Literature, so he didn't bother with such details and immediately announced a figure: "5 million".

He learned from the head of Goldman Sachs' securities department that Shanda Literature's target valuation was $6 million to $8 million.

However, times have changed. Under the pressure from Tencent's Tencent and Baidu's Zongheng, Shanda Literature's business growth and market share have both declined.

5 million is just right!

Chen Tianqiao paused in his teacup, then fell into deep thought.

He is a top student from Fudan University, and his ability to rise to a senior position in a state-owned enterprise within three years is a testament to his exceptional capabilities.

Shanda Literature's core business and financial data are all in his mind.

The price of 5 million US dollars was a bit low, but he knew in his heart that there were more scoundrels in Shanda than rats in a wheat field.

This can be seen from the stagnant business.

Sell ​​to realize cash and cut your losses, or keep it to feed the mice?

With the current management team, can they withstand the penguins' attack?
In fact, he already had the answer in his heart.

Otherwise, they wouldn't have invited Chen Yansen to their home.

“A price of 6 million is more reasonable, so that I can give an explanation to the other shareholders.”

After pondering for a while, Chen Tianqiao spoke.

Chen Yansen found it amusing, thinking: You've been acting all deep and brooding for so long, I almost thought you'd really achieved the state of "being as indifferent as a chrysanthemum." In the end, you just want to raise the price even higher.

As long as a person is alive, who can resist the allure of money?

Therefore, Chen Yansen gave Chen Tianqiao the title of "histrionic personality".

But he could understand; after all, it was 100 million US dollars, not ten dollars or a dollar, which couldn't be easily given up.

"Then it'll be 6 million."

Chen Yansen readily agreed.

At this time, Shanda Literature's value was at a low point, and the price of 6 million US dollars was still cheap.

When Tencent later acquired Shanda Literature, its market share was not as high as it is now, and it still cost 8 million US dollars.

Chen Yansen acquired Shanda Literature for two reasons: firstly, to build content for Douyin and Mimo; and secondly, to suppress Baidu and give Pony Ma a resounding slap in the face.

Ma Wenteng copied Orange Pay first, then Yu'ebao, and then Douyin. Does he really have no temper?

Seeing Chen Yansen agree so readily, Chen Tianqiao couldn't help but wonder: Had the price been quoted too low?
But once the words are spoken, any further haggling would just make one look like a clown.

Chen Tianqiao nodded, refilled Chen Yansen's cup with tea, and then stopped talking about Shanda Literature. Instead, he pressed Chen Yansen about his entrepreneurial experience.

Retellings from others or reports from journalists can never compare to the authenticity of a firsthand account from the person involved.

Seeing the other person's curiosity, Chen Yansen selectively recounted a few points.

From FoxTao to Orange Technology, Pinbei Mall, and then to Yunsu, Tiangong and Xingyuan Technology.

The narrative is straightforward and seemingly uneventful, yet in just a few words, his net worth has increased from over 20 to over 6000 billion.

"Mr. Chen, have you calculated your shareholding percentage and its total value?" Chen Tianqiao asked.

"What's the point? It's not like it'll cost anything anyway," Chen Yansen said, picking up his teacup and taking a sip.

Looking at Chen Yansen, Chen Tianqiao felt as if he were seeing himself in his twenties, with an endless amount of money in his hands.

However, Chen Yansen was more successful than him.

As the two chatted, it gradually got dark.

Chen Tianqiao invited Chen Yansen to stay for dinner.

Chen Yansen didn't get back to the hotel until 9 p.m.

The next morning, Chen Yansen and Song Yuncheng took the Gulfstream 550 back to Xucheng.

When they arrived, there were more than a dozen people, but when they left, only he, Song Yuncheng, and two security personnel remained.

The rest of the staff stayed with Temasek to handle the aftermath of Lazada's operations.

at the same time.

As Ma Liyun, Pei Yi, and Li Yanhong fought, their eyes turned red with rage, and the subsidies from the four food delivery platforms were expanded again, spreading from Jiangsu, Zhejiang, Jiangsu, Anhui, and Shanghai to the entire East China region.

The four food delivery platforms are burning through more than 1.6 million yuan in subsidies every day!
Sanpower Group got involved for two days, but couldn't hold on any longer on the third day. They were so angry that they cursed, "A bunch of lunatics! Do they even know how to do business?"

(End of this chapter)

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