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Chapter 209: Painful

Cus Baker looked at Wang Liu seriously, with sincerity, a hint of expectation and tension.

It is true that South African newspapers are the main media business, but since 1996, the group sold its European pay-TV business that it had been operating for many years and cashed out $2.2 billion, the company's business focus has gradually shifted to investment.

However, due to the small local market in South Africa and there are no high-quality companies available for investment, the investment target can only be placed overseas. After careful selection, they took a fancy to China.

First, he invested in Pulse.com for US$46 million, and then he took action one after another, winning several major orders such as Yifu.com and Huati.com.

Originally, they thought that they could make a big profit, but who would have thought that with the bursting of the previous Internet bubble, they carefully selected and felt that several Internet companies with great prospects would be wiped out in a blink of an eye, and he lost all his money.

As a result, the company's stock price began to plummet continuously due to these investments.

At present, he urgently needs to find a high-quality company to invest, regain reputation and save the company's stock price.

And Tiansheng is his most optimistic company at present.

But he also learned that Tiansheng's main business game field is currently popular and has made a lot of money. The company is not short of money at all. It is not difficult for him to invest, so he settled for the second best and turned to invest in QQ.

Although QQ is still burning money, there is no clear business model in the future.

But as a former media group, he knew too well how precious the invisible traffic assets of users were.

Judging from the QQ user group, this is a huge treasure. As long as you try more, you will always find a way to cash out in the future, and the energy source will be continuously explored.

If you can submit, you will have a bright future.

His idea of ​​taking the opportunity to save his reputation and save the company's stock price will definitely have a chance to come true.

So even if he is an arrogant investor, even if he comes to the door in person and comes to deliver money, he will inevitably feel a little nervous.

Wang Liu also looked at him and said calmly: "I think Mr. Baker should be very clear about the current situation in the Internet industry. The US stock market collapsed, the Internet concept was unprecedentedly cold, and countless investment banks were too late to withdraw their investment. In this case, why did Mr. Baker still invest in me? Aren't you afraid of losing all your money?"

Cous Baker said: "Yes, I do understand the current situation, but I am still optimistic about the Internet. Even if I am temporarily in a trough, I believe that I will definitely return to the peak in the future.

Any investment is risky. I am optimistic about QQ and recognize its commercial value. I believe it will definitely develop well in the future and are willing to grow with it. Of course, I am also willing to bear the risks that may exist in investment.

So, it depends on whether Mr. Wang is willing to give me this opportunity to take risks."

The vision is pretty good, but I refuse... Wang Liu smiled apologetically and said, "I am very grateful to Mr. Baker for his trust, but the company has no plans to raise funds for the time being, so... I can only express regret for Mr. Baker's investment."

Cus Baker's heart sank and frowned, "Why? Are you dissatisfied with the investment amount? If so, we can discuss it again."

Wang Liu shook his head and smiled, saying, "Since Mr. Baker comes to invest in me, I must have some understanding of me. You should know that Tiansheng has good performance and good profits. The company is not short of money now and there is no need to raise funds."

"But isn't QQ still burning money now? With the current Internet situation, even if Tiansheng is not short of money, it is good to increase more capital reserves, right?"

"No, we are already trying to explore the charging model. I believe that it will not take long to see some results. At that time, QQ will make a profit by itself, and coupled with the profits in the game business, even if we do not raise funds, I believe that Tiansheng can survive safely."

Speaking of this, Wang Liu's attitude is already very obvious. Even if Cus Beck wants to invest in QQ again, he knows in his heart that it is useless to say more now, and he smiles bitterly:

"It seems that Mr. Wang has made up his mind. Nothing I said is useless. Okay, I respect your decision, but I hope you can think about it carefully, or wait for a while to change your mind and want to raise funds again. Please feel free to contact me."

As he said that, he took out a business card and handed it over.

Wang Liu reached out to take it and agreed happily: "I will think about it seriously. If I have the chance in the future, I am looking forward to reaching a cooperation with Mr. Baker."

After all, you are an investor and you can refuse investment, but it is still necessary to maintain a relationship and leave a way out. Maybe you will use it at any time in the future.

Cus Beck probably still has a strong heart and is willing to establish a good relationship with Wang Liu, so although the cooperation has not been completed, the three of them have a good time for the rest of the time.

...

night.

Aloft.

Wang Liu, Wen Yanqi, Hu Mingyu, Qu Guangjie and others have been together again for the first time since the last wedding.

Qu Guangjie lit a cigarette, took a deep breath, and said in fear: "The US stock market has lost its limits when it fell. It has been a few months and is still falling. It has also brought A-shares that have been bullish for more than a year into the ditch.

Fortunately, I heard Mr. Wang last time, I withdrew early, otherwise I would have to lose all the profits I made after holding them for more than a year. I would have to lose all of them this time, and I might be trapped again."

Hu Mingyu joked: "So, are you spared? Don't you respect Mr. Wang for a cup?"

"That's not said, come on, Mr. Wang, I respect you." Qu Guangjie went to the fore and raised her glass to invite her.

Wang Liu raised his glass helplessly and said, "I suspect you two are joining together to drink me, but I have no evidence."

"Hahaha……"

Everyone burst into laughter.

Wen Yanqi asked casually: "Depending on the situation, the concept of the Internet has really collapsed this time. What kind of online social projects are you doing now?"

"It's okay, although the market is not good, the user growth is still very fast and it is basically not affected." Wang Liu put down his wine glass and said casually.

Are you okay?

Wen Yanqi frowned, which was a little different from his expectation of heavy losses. He tentatively said: "So... have you found a profit point?"

Wang Liu shook his head and said, "I have made some attempts, but there is no result yet. I am still relying on spending money to support it."

That's good... Wen Yanqi relaxed and stretched his eyebrows and said, "That's a pity. You should be more at ease. If you don't, stop decisively and don't get deeper and deeper."

Are you regretful? You are clearly gloating. Are you happy to see me losing money?

Wang Liu raised his eyebrows and said secretly: "Young Master Wen can rest assured that he spent almost 30 million yuan. Although he has not made any money yet, he will not lose money.

Just this morning, some investors came to the door and expressed their willingness to exchange 35 million US dollars for 40% of QQ shares. If I want, I can cash out at any time."
Chapter completed!
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