Becoming Rich with Daily Scavenging APP-Chapter 446: Three Gamblers

"Huang Feng."

"Li Lun."

"Cai Wei."

The three young men in their thirties shook hands with Chen Yiyang and introduced themselves.

Because there wasn’t much of an age difference, they all felt quite at ease and sat down in the living room to chat directly.

"We’ve heard about your investment achievements," Cai Wei, the more talkative among the three, said as he communicated with Chen Yiyang. "Even though you’re younger than us, you’re actually our idol. We didn’t expect you to take the initiative to contact us for investment this time."

"Am I that famous now?" Chen Yiyang joked.

In fact, his online fame wasn’t as high as the two Mas or Lei Jun, so he never really felt it.

"Any young person starting a venture knows you. Your investment experiences have even been turned into PPTs for people to sell."

"I’ll have to buy a copy then," Chen Yiyang said, intensely curious about it.

"Let’s talk business."

After the small talk, Chen Yiyang got straight to the point, "You guys attempted to go public before, right? I found the relevant listing materials for you."

"Yes," Cai Wei replied, "But the IPO failed. The review committee thought our company’s profit method was too singular, relying solely on one game for profits, so we were rejected."

"Let me take a look."

Chen Yiyang flipped through the materials the three had prepared.

Yingkumi initially made a game and earned a small profit.

But these young people didn’t squander the money they made on luxury.

Instead, they invested all their earnings into a new game.

Now, this game can stably generate a profit of 200 to 300 million annually.

"Currently, you do rely on only one game for profits, and domestic scrutiny of game stock listings is stringent, so it’s normal not to succeed in going public."

Though Chen Yiyang said this, he was actually complaining in his heart.

The domestic stock market is bizarre.

Game companies that can consistently make money aren’t allowed to go public, but a bunch of film companies with no earning power go public one after another.

These film companies have no profitability; their stock prices depend on the celebrities under their belt or the projects they participate in.

Investors don’t even care how much the company makes in a year; they only care about how much it’s trending on social media.

But these complaints, Chen Yiyang could only keep to himself.

"Based on your previous behavior, let me guess. Did you guys pour all the money from the company into new projects this time, which is why you need external investment?"

"Yes," Cai Wei said, embarrassed, "The previous hope to go public was for this reason. We needed a lot of funding support."

"You’ve at least earned a billion from your last game, right? Can’t you make a new game with a billion?"

Chen Yiyang widened his eyes.

It wasn’t unreasonable for him to be puzzled.

He’d previously invested in several game companies and games.

A few endeavors only spent tens of millions, and for those browser games specially supplied to Middle Eastern princes, each game’s development cost was just a few million.

Of course, these were just development costs, and the marketing expenses for these games were substantial.

In fact, some games’ marketing expenses exceeded their development costs.

But currently, this company didn’t seem to have reached the stage where the game was complete and needed marketing.

Why were they already short on money?

"Mainly because we started too many projects simultaneously."

Cai Wei could only answer truthfully under Chen Yiyang’s questioning, "Each of the three of us independently oversees a game project.

For instance, Huang Feng wants to create a tower defense game with a grand world setting, engaging gameplay, detailed world background, long stories, and great music."

"That’s still okay," Chen Yiyang estimated mentally.

This should require development costs of only two to three hundred million at most.

"Li Lun wants to create a remarkable action game for the anime genre, where the smoothness and excitement of combat should be on par with single-player games."

"That’s a big expense," Chen Yiyang knew, as action games have always been difficult.

Don’t be fooled by the few skills the characters have in the game, moving around a bit.

The technical demands behind it are high. If not done well, characters will look stiff, even worse than turn-based games.

Many domestic single-player developers don’t dare venture into making action games for this reason.

And the Wukong, Black Myth single-player epic that Chen Yiyang had invested in before.

Billions have been spent on it, and it’s still tackling the related action technology.

Single-player games are one-off deals; as long as they can be completed, it’s fine.

But what’s tricky for Li Lun is making a long-term mobile anime game requiring consistent updates.

The difficulty may not be as high as Wukong Black Myth, but the long-term update costs are certainly not low.

"Five or six billion, give or take," Chen Yiyang calculated Li Lun’s costs.

He figured the company had almost spent the ten billion it had previously made.

No wonder they wanted to attract investment.

Because Cai Wei’s project wasn’t discussed yet.

So Chen Yiyang turned his attention to Cai Wei.

"I want to create an open-world anime game that can run smoothly on mobile phones."

Cai Wei said softly about his project.

This is nuts.

Chen Yiyang finally understood why a company that made ten billion would be short on cash.

This guy’s project was the heaviest of them all.

In a previously unchartered field, the initial investment alone would probably be around ten billion!

These guys aren’t just short a little cash.

After saying that, Cai Wei appeared a bit awkward.

Initially, they didn’t expect it would cost so much money.

They each started their projects without realizing.

As they got about halfway through, they discovered a close to seven to eight billion gap remaining.

The three of them were dumbfounded.

No one wanted to give up their project; they all wanted to keep going.

And all three had a drive, not wanting to finish quickly with a half-baked product due to a lack of money.

So they ended up in this stalemate.

Especially after the failed IPO, the three of them realized that without external investment, they would indeed have no money to continue the projects.

They hadn’t even calculated the post-launch marketing expenses yet.

Three gamblers.

That’s the only way Chen Yiyang could describe these three.

If not for insider information, any normal investor would turn around and leave after hearing these guys out.

The first game made money, and going all-in wasn’t a problem.

That’s called guts and ambition.

But earning ten billion from the second game and not having enough after going all-in?

That was purely three gamblers addicted to gambling.

And they were all like Cameron, striving for perfection as gamblers.

But even Cameron only gambled again after a long time after his first try.

Yet, these three never took a break from gambling.