I am a Big Player
Chapter 385 - 381. Qinghe Faction (Big Chapter of 4400 words)_3

Chapter 385: 381. Qinghe Faction (Big Chapter of 4400 words)_3

As the night progressed, the tempo of the conversation gradually changed. Ren He became more and more animated as he discussed Tencent’s critical growth trajectories as though he were an onlooker, sharing them with Cheng Shanshui. Eventually, it turned into a monologue, with Cheng Shanshui listening intently.

Everyone within Qinghe Games knew how extraordinary Ren He’s foresight was, described as a "bug," but none had felt its profound impact as deeply as Cheng Shanshui did that night.

This wasn’t just foresight; it was as if a mature communication software platform had already risen before Cheng Shanshui. When it came to user experience insights, Cheng Shanshui had thought he understood it well enough, but after talking with Ren He until midnight, he was almost too embarrassed to speak...

Ren He did indeed want to support Cheng Shanshui in entering the communication software industry, and within this sector, he also intended to use Qinghe Games’ funds to maintain a majority shareholder status, no matter how many rounds of stock dilution he had to go through. He was determined to preserve Qinghe Games’ voice in the communication industry.

Only he knew all too well that for a gaming company, the greatest adversary is the communication industry’s leaders, with their massive user bases and immense influence.

In a previous life, Dota had almost been sunk by League of Legends...

He sent messages to the executives because he didn’t want to engage in so many industries himself, but he could support others in their endeavors, couldn’t he? Whether they succeeded was a matter for the future, and if things went south, it was just money lost. The reason he spent so much time talking to Cheng Shanshui was that he genuinely hoped Cheng could make it work, which would save him so much trouble...

However, Ren He was also well aware that Tencent would eventually become the target of the big sharks.

In the end, the two reached a consensus. The investment was not just a simple venture capital deal. Cheng Shanshui invested 1.2 million RMB for a 12% stake, while Qinghe Games invested 8.8 million RMB for an 88% stake. Cheng Shanshui would serve as the Chairman of the Board, Executive Director, and CEO.

In the early years, Tencent had started with 500,000 RMB, but the market now was not one that could be entered with just 500,000 RMB anymore.

But for Qinghe Games, with its current money-making power, supporting the venture was easy, especially since the domestic communication industry’s chaotic battles were far from over, and competitors were already worn out.

It was fair to say that the communication software industry Cheng Shanshui was set to enter had become a holding subsidiary of Qinghe Games. Ren He had finally found the perfect balance for this matter: he could be a hands-off manager while confidently seizing a voice in the communication industry.

As for how far this new enterprise would go, that depended on Cheng Shanshui’s abilities. Qinghe Games would support him and share user channels.

After all, it was a holding subsidiary, so there weren’t too many formalities—it was a case of mutual benefit.

Years later, when Cheng Shanshui recalled the big boss of Qinghe Games, he would always refer to him as the most qualified dream-maker.

It was from this time that Qinghe Games began to expand aimlessly into the outside world, with a laissez-faire approach. Its equity structure was straightforward and clear, self-sufficient, with ample funding.

To put it simply, they had the luxury of capricious spending... Ren He did not invest too much effort in it either. He approached venture capital like a shot in the dark, investing only in Qinghe Games’ internal executives, who were never parachuted in but promoted from the grassroots level as part of a cultural legacy, with Qinghe Games being the cultural matrix.

At this time, people still thought Qinghe Games was being reckless with its spending. Having money didn’t mean it should be spent like that, but as more and more successful companies began to bear the imprint of Qinghe’s faction, they realized just how astoundingly wrong they had been...

...

This Chapter counts as an extra rewarded Chapter, ha.