Chapter 108 Conditions

After the handshake, Meng Chang prepared to say goodbye and leave.

For him, although the original goal was to get 5 million, now it was only 2 million, the purpose of "basking in President Pei's halo" had been achieved. Moreover, President Pei would continue to invest in the future, so there was no need to dwell on the amount now.

What's more, Meng Chang hadn't even met President Pei yet.

Meng Chang felt that President Pei was busy, and it was reasonable that he couldn't see President Pei now because he was not famous enough.

When the "Cold-Faced Girl" brand was successful, and all kinds of data and reports were brought over, it would be convincing, and President Pei would definitely make time to meet him.

As long as he met, Meng Chang believed that with his silver tongue, he would definitely be able to persuade President Pei to invest more money.

So, his goal for today was basically achieved, and he could go back and prepare.

But just as he was about to leave, He Desheng said, "Wait a minute, there's one more little thing I forgot to mention."

Meng Chang stopped. "Oh, President He, please go ahead."

He Desheng said, "According to President Pei's requirements, companies we invest in must accept some of our conditions."

"First, they must operate legally and with integrity."

"Second, the money we invest must be used entirely for company operations and normal business activities. It cannot be used to pay salaries to the boss himself, nor can it be used for personal consumption through left-hand, right-hand transactions. Of course, we can't control the money of other investors."

"Given the above two points, we will appoint a financial director to serve as the company's CFO. This must be stated in advance."

He Desheng smiled and spoke in a kind tone.

These rules were set by President Pei when he established the "money-burning" investment model. He Desheng was just going through the process.

This was a very common phenomenon in the investment industry. After all, investors were not stupid. They invested money, but the founder used it to indulge in extravagant pleasures. That was definitely unacceptable.

For President Pei, it was the same.

These founders could burn money, but they had to do something.

Otherwise, these founders would be enjoying delicacies while President Pei was eating chaff and swallowing vegetables; he would be furious.

Therefore, in terms of finance, Dream Chaser Ltd.'s requirements were relatively strict.

Arranging for one of their own people to be the CFO meant that the flow of money in this company could not escape Tengda's eyes. Once any clues appeared, He Desheng could report to President Pei immediately.

For most law-abiding entrepreneurs, this was not considered a restriction, and they could even get a CFO for free.

But for those entrepreneurs with other intentions, it was a completely different story.

Meng Chang hesitated for a moment.

He knew that different investors had different management methods after investment. Some would appoint a CFO to the company's core team, some would require monthly board meetings, some would require the invested company to establish various supervision and reporting systems, and some would ignore the company after investing, holding a board meeting only after a year or so, or finding an investment assistant to take a position…

There were all kinds of approaches; it depended on the rules of the investment company.

Meng Chang had originally thought that President Pei's investment company would be relatively relaxed, but now it seemed that it was the strictest in terms of finance.

This slightly interfered with his plan.

After all, taking the money and running away was also one of his backup options.

Taking the money and running away wasn't something that could be done on a whim; it required a series of complex operations. If the CFO was one of his own people, it would be easier to handle. But if the CFO was from Tengda, he might be invited to a small dark room for tea as soon as he made a move.

But after weighing the pros and cons, he felt that he still had to accept this investment.

First of all, Dream Chaser Ltd.'s request was not excessive, and many investors would have similar requirements. Moreover, Dream Chaser Ltd. was only strict in terms of finance, but did not interfere with the company's specific business strategies at all. Overall, this was actually a very relaxed and favorable investment condition.

If Meng Chang refused, he might be suspected of having ulterior motives. And once this matter spread, it would be even more difficult for him to get money from other investors.

Secondly, even if he completely gave up the option of running away with the money, Meng Chang had other ways to profit.

For example, after the company grew bigger, he could find a big company to take over, which would be a way to make money within reasonable and legal rules, and he could also pass the buck to the big company.

Running away with the money was also a way to make money, but it would mean that he would never be able to return to the country in his life, and he would also leave behind a bad reputation. It was not the best option in the first place, and Meng Chang didn't want to take this path unless absolutely necessary.

Of course, how the founder could get out after finding a big company to take over was a big problem.

Because many big companies valued the founder's entrepreneurial ability after taking over and would force the founder to lock up all shares and not allow them to be sold, so that the founder could continue to manage the company and work for them.

But there were no absolutes in the world, and some big companies preferred to send their own people to parachute in and take over completely because they trusted their own people's management abilities more.

As long as Meng Chang could find such a company, he could still leave safely.

So, after Meng Chang's brain rapidly weighed the pros and cons in a short period of time, he felt that he still had to accept this investment.

Although the risk was great, the reward was also great.

Most importantly, Meng Chang had been preparing for so long, just waiting for this one opportunity, and he was very unwilling to give up.

The reason why people like Meng Chang could gain the favor of investors was largely due to their gambler-like qualities.

If they won the gamble, they could easily have a net worth of hundreds of millions; if they lost the gamble, they could easily have debts of hundreds of millions.

So, with such a high-stakes gamble in front of him, it was difficult for Meng Chang to give up.

Meng Chang hesitated for a moment, but still squeezed out a smile: "Of course, that's what it should be."

He Desheng nodded in satisfaction: "Okay, I hope we can have a pleasant cooperation!"

…

At the same time, Pei Qian was yawning while drinking coffee at Mo Yu Internet Cafe.

He was still thinking about how to spend the money from selling the GPL spot.

Just then, his phone rang.

It was Zhang Yuan calling.

"President Pei, the bosses of those three clubs have come over in person, hoping to meet you."

Pei Qian was stunned for a moment: "Are you saying, the bosses of the three clubs that sold their GOG divisions?"

Zhang Yuan: "Yes. They are at DGE Club now. Do you have time to meet them?"

Pei Qian fell into a brief silence.

He definitely had time, and plenty of it.

The key was, what was the purpose of these three bosses coming here?

Pei Qian thought for a while and asked, "Are they trying to break the contract?"

Zhang Yuan: "They wouldn't dare to break the contract. They should be here to admit their mistakes."

In theory, these three clubs could indeed pay 3 million in liquidated damages to break the contract, and then decide not to sell their GOG divisions.

But the problem was, not selling didn't mean they would have a GPL spot!

From beginning to end, Pei Qian had not handed over the GPL spot to them in black and white. He had only verbally promised that these clubs "would have" a GPL spot, and that was on the premise that they accepted the various terms of Tengda's e-sports division, including the standard contract.

The reason why he allowed them to transfer the GPL spot was simply because everyone had cooperated before, and he wanted to save some face for these clubs.

If these clubs really tore their faces, then Pei Qian could naturally ignore them and directly give these three GPL spots to others.

Of course, this was in the worst-case scenario.

If he did that, these three clubs would not get any benefits, and Pei Qian's credibility would be slightly damaged.

Therefore, the bosses of these three clubs had come to the door, on the one hand to admit their mistakes, and on the other hand to hope to discuss a proper solution.

Pei Qian thought for a while, and this matter did need to be resolved.

In short, he would meet with the bosses of these three clubs first.

"Okay, then I'll go over now. Tell them to wait a moment."

…

Half an hour later, DGE Club.

The boss of SUG Club and the bosses of the other two clubs were sitting in the conference room, drinking tea but unable to calm their anxious emotions.

Waiting for President Pei to arrive was excruciatingly painful every second.

Finally, there were faint footsteps outside, and President Pei pushed the door open and entered.

The three club bosses quickly stood up from their seats.

"President Pei!"

Pei Qian nodded slightly, and Zhang Yuan introduced them as he shook hands with them one by one.

The boss of SUG Club was named Ding Gan, and he was also a very rich second-generation heir, slightly worse than Xue Zhebin, about the same as Yao Bo of Jin Ding Group.

Pei Qian had heard of this person before.

Because SUG e-sports club was already well-known in China, although it was not as established as H4 Club, it was the most generous among the earliest e-sports clubs.

Before, in order to buy DGE Club's players, SUG Club had prepared a full 25 million. Although they didn't spend much of it, it was enough to prove their financial strength.

As one of the second-generation heirs who entered the e-sports industry earlier, Ding Gan brought funds, attention, and traffic to the domestic e-sports industry, but also brought bad habits in club management and operation.

Everyone took their seats.

Ding Gan coughed lightly and said, "President Pei, the three of us have made a special trip here today mainly to apologize to you and clear up misunderstandings."

"Manager Li deceived us and caused losses not only to Tengda, but also to our clubs. From this point of view, we are all victims."

"I will definitely punish him severely when I get back to give you an explanation, President Pei!"

"I hope President Pei will be generous and not let this small misunderstanding affect the cooperative relationship we have worked so hard to establish. After all, when preparing for the Global Finals, our clubs have worked hard even if we have not made any contributions."

The bosses of the other two clubs also echoed, their attitudes quite sincere.

Pei Qian nodded, noncommittal.

Although these three people had adopted a very low posture and their attitudes were also very sincere, it would be too stupid for Pei Qian to believe them completely.

Such a big matter as selling the GOG division was not something that a club manager could decide. The three bosses must have repeatedly asked for instructions.

And the fact that these three bosses did not stop him showed that they actually supported Manager Li's actions in their hearts.

The higher the level of a person, the less likely they are to get involved in these dirty and tiring tasks, and instead, they will all be thrown to their subordinates. In this way, if there are no problems, of course, everything is fine. If there are problems, they can immediately clear themselves of responsibility.

Therefore, the bosses of these three clubs must have also resisted the standard contract in their hearts and did not want to accept Tengda's management and constraints from the beginning.

They even thought that as long as several clubs united, they could control the GPL league in turn and force Tengda to back down.

It was just that the situation had developed to this point, and they had no choice but to give in.

If the auction of this GPL spot was not popular and did not sell for much money, then these club bosses would definitely not have such an attitude.

Therefore, Pei Qian could not be said to be angry, nor could he be said to be understanding.

"So, are the three of you planning to fulfill the contract?"

Pei Qian was too lazy to pay attention to these three people's attempts to get close, and instead went straight to the point.