The three members of the Shen family and Little Ma's four henchmen had a meal together in the office.
Shen Lanlan raised her beer and toasted Xiao Ma and the others one by one. She even put her arm around Xiao Ma's neck and asked them where the girls in Shenzhen's nightclubs were pretty and beautiful.
Brother Ma was speechless: "No, bro, your granddaughter is acting a bit crazy."
Shen Fang waved his hand: "This is already good enough. I can't control her. As long as she doesn't do anything reckless, it's fine."
"You guys work really hard. You only pay Brother Ma and Lao Chen 500 a month? You're really ripping them off."
Little Ma: "Brother, they're all shareholders. Getting money is already an extra subsidy for them. We're dirt poor right now. I haven't changed my underwear in two years, brother."
Chen Yidan took off her shoes, revealing socks with large holes, and even lifted her leg to show them off.
"I'm poor, Mr. Shen."
Chen Fang was speechless: "No, Old Chen is eating right now, isn't it disgusting? Goodness, you haven't washed your feet for days, they really smell bad."
Chen Yidan chuckled: "I'm exhausted every day, like a dog. I go home and collapse into bed as soon as I get home. I don't even have time to wash my feet."
Zhang Zhidong nodded: "Yeah, to be honest, before we guys came to Tencent, weren't we all handsome young men full of vigor? Just because we were fooled by Lao Ma, in just a few years, we've all gone bald and become pale and thin. I don't know when this will end."
Brother Ma smiled and said, "Brothers, we are all ambitious young people. Now is the time to seize opportunities. It's okay to suffer a little. As long as we don't starve, what does it matter if we suffer a little? The hardships we endure now are for the sweetness we will enjoy later."
Shen Fang smiled at the three of them: "Brother Ma is right. As long as we get through this difficult time, the penguin will stand up again. Good days are coming for everyone."
Little Ma looked at Chen Fang and said, "Brother, as long as we get through this winter, as long as Tencent is profitable, we can IPO and list in Hong Kong. Actually, we could have listed in 2003. Goldman Sachs had already helped us make the arrangements, but unfortunately we encountered the internet winter, and we made a wrong move. We'll have to eat leftovers for a few more years."
Shen Fang smiled at Pony Ma: "Brother Ma, I think this is actually your opportunity. Slowly accumulate strength. Although Tencent has a large user base, you haven't found a suitable profit direction. Even if Goldman Sachs and Li Zeju lead the way for your IPO, you won't raise much money because for companies without profit points, the majority of the funds will still be bought by major companies at low prices. Such fundraising is actually not beneficial to the company."
"What you need to do now is to quickly determine the direction and achieve initial profitability. If you don't have enough money, come to me. Our Flying Dragon Novels, Penguin Battle Platform, Red Diamond, Blue Diamond, Super Member, Penguin Farm, and Penguin Show—these projects need to be launched into the market as soon as possible. As long as we are profitable, we can raise more funds in Hong Kong to further develop Penguin."
Zeng Liqing nodded: "Mr. Shen is right. I thought we were in a bit too hasty when we were preparing to go public. Although going public would allow us to get more funds to develop our company, our company didn't have any profit points at that time. Even if we got the money, we didn't know how to make the money work for us. It would be a waste of money. We are going to create a new era, not run away with the money. We want to use the money to develop the company."
Zhang Zhidong nodded in agreement: "That's right. Brother Qing is right. We really want things to be easier, but we haven't figured out what to do after we get the money."
Pony Ma took a sip of beer and said with a troubled expression, "To be honest, I'm still a bit confused about Tencent's future direction. Even if the Penguin software has a valuation, it has no value. How much money can we make from advertising? Even if we raise funds, it's all just a bubble. Brother, you're quick-witted. What do you think is the right path for our company?"
Shen Fang raised his glass and clinked it with Xiao Ma's.
"Ladies and gentlemen, I have a dream: that China will become the world's number one economy, a prosperous and strong nation where people live in peace and contentment. In the next 20 years, China will enter the era of intelligent networks and ubiquitous entertainment..." Shen Fang began to paint a picture of the future for everyone.
After Shen Fang finished speaking, everyone present longed for the wonderful life that Shen Fang described 20 years later.
"China's economy is recovering step by step, with GDP growing year after year, and wave after wave of people becoming rich. Since you are running an internet company, you should focus on three main areas: convenience, entertainment, and finance."
Tencent has created the most convenient instant messaging service, boasting a massive user base. If it can do this well, it can become a leading internet company in China.
In the entertainment sector, my own path is to work in the cultural and entertainment industry. My goal is to expand into pan-entertainment, build an entertainment empire, and create a flywheel ecosystem.
Through a new interactive entertainment ecosystem encompassing various cultural and creative business areas such as games, literature, animation, film and television, and drama, an innovative business model of "one star IP, multiple cultural and creative product experiences" has been initially created.
This creates a "clay effect," constantly sticking together. It forms a dedicated film and television IP universe, leveraging the effects of movies, TV series, novels, animation, merchandise, tourist towns, restaurants, theme parks, and more, achieving multiple benefits from a single investment—turning a 10 million business into a 100 million profit.
Tencent is focusing on the online world, so we'll need to work on games, anime, novels, and merchandise. Longteng will provide support in that regard. A powerful alliance!
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