Beckbeer took his business plan everywhere, looking for investment, but no investment bank was optimistic about their project.
It's already quite an achievement to have managed to stay afloat with such limited funds. When Xing Baohua arrived, he said he was introduced by Wozniak and wanted to see their results.
There were no results; the designed game program was only half completed, and testing, packaging, and other processes were still pending.
We could only ask Xing Baohua to review the proposal.
Xing Baohua's arrival greatly boosted the studio's morale. This guy is famous not only on Wall Street but also in Silicon Valley.
Moreover, he has Haina Investment in his portfolio. If he gets invested in by this company, he can expect to rise to great heights in the future.
Xing Baohua reviewed the game in the proposal and found it to be similar to a casual game about bees, with low playability and a greater likelihood of being mistaken for an imitation of bees.
This is also one of the reasons why it's difficult to attract investment.
Xing Baohua put down the project plan and said to everyone, "Do you want to go to Japan?"
Seeing three or five people shaking their heads inside the room, including Beckbill, Xing Baohua felt that Woz was just casually dealing with him.
What kind of people do they choose for themselves?!
“I’m starting a large game company in Japan, a really big one, and I need professional game designers. You guys were introduced by Woz, and I still trust the people he introduced me to to some extent.”
He hesitated a bit when he said it; if he weren't short of people, he really wouldn't want to recruit these guys.
“I own a comic book company called Marvel, which has many superhero characters. I need to adapt them into games. If you want a change of scenery and higher pay, you can contact me anytime. I'll leave my assistant's phone number.” Xing Baohua finished speaking and was about to get up!
Baker said, "Sir, you don't want to invest in my company?"
Xing Baohua raised his head slightly and said to the tall, thin man, "What does your company have? Projects? People? I haven't seen anything impressive about either of those. As for your plan, to be honest, it's rubbish."
“Sir, please do not insult our wisdom. This is the result of our collective efforts. If you insult it like this, I will fight you one-on-one.” Beckbill said fiercely, standing in front of Xing Baohua.
"You have quite the temper, so I'll just insult you. You're worthless in my eyes. Besides, as someone of status, I won't engage in any pointless duels with you. Why would I pay for guards if just anyone challenged me to a duel?"
Beckbeer was so angry that his tall, thin body trembled, his fists clenched. If Xing Baohua hadn't seen him and taken a step back, he would have been afraid that Beckbeer would have punched him.
Fortunately, Xing Baohua's guards stepped forward and stood between the two, with some even touching their waists.
Beckbeer was so angry his teeth ached. They wouldn't even let him fight one-on-one, and instead sent his guards. If they wanted to use fists, they would use weapons. Did they have no gentlemanly spirit at all?
Xing Baohua left her phone number and left; there was really no need for her to stay any longer.
We'll hire as many people as we can. Since we're in Silicon Valley, we should take a good look around and have someone collect information on some game companies.
The very next day, Xing Baohua received a call from the branch office's HR department.
Beckbeer's studio includes an owner who is willing to work for him and go to Japan. Beckbeer, in particular, wants to continue talking to him.
Xing Baohua was somewhat incredulous at the studio's sudden change in attitude.
Why does everyone suddenly want to go to Japan? Are there other ulterior motives involved?
Xing Baohua decided he wanted to meet them and talk to them alone. He wanted to at least find out why those guys who initially refused to go to Japan were choosing to work elsewhere.
The first person this guy met was Becker. In his hotel meeting room, Xing Baohua offered him a cup of instant coffee, smoked a cigarette, and asked, "Didn't you say you didn't want to go to Japan? Why did you change your mind?"
"After you left, someone proposed exchanging our studio's shares for your shares in R's game company. We would not only become shareholders of the game company, but also employees."
Upon hearing this, Xing Baohua understood what the other party meant. The Beckbeer Studio should be a collective shareholding of many employees, and only in this way could it have survived until now.
It is a common practice to exchange shares of one studio for shares of R Game Company, a practice known as cross-shareholding.
Being both a shareholder and an employee is like Wozniak at Apple, where he not only received dividends from shareholders but also received salaries from employees.
Even if the company is not doing well and there are no dividends or anything, at least salaries must be paid.
Their plan was very clever: to work in Japan, where the income would be high, and besides, the US economy was still recovering from the financial crisis, making employment quite difficult.
They don't want to leave their hometown, but they also don't want to lose their jobs and still make money—a situation they can't have.
Many people are struggling to make ends meet because of taxes. Even if you have no income, you still have to pay taxes here. The cost of not paying taxes is simply too high.
The Da Meizi people are fearless, except for their country's tax authorities.
So after Xing Baohua left, the people in the studio went behind closed doors to discuss things. Since they were all shareholders anyway, they decided to treat it like a shareholders' meeting to make decisions.
This led to the proposal of cross-shareholding.
"In the investment world, there's a saying: one is the investment project, and the other is the investor. As I told you yesterday, what do you have that I could exchange for shares in your game company? I don't care about the project. As for you as a person? Do you have anything worthwhile or any intelligence to offer?"
You were introduced by Wozniak. You need to have Wozniak's abilities. If Wozniak said he had a project that needed funding, people wanting to invest would line up from here all the way to Wall Street, would you believe it?
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