Becoming Rich with Daily Scavenging APP-Chapter 495: Acquiring Bilibili

"Haha, how can I let your students work for me for free? Don’t worry, I’ll pay according to the market price," Chen Yiyang, of course, understood the historian’s intentions.

The historian was busy worrying about the museum matters for Chen Yiyang; how could he not have his own interests?

Among Chen Yiyang’s collections, there are many unique and national treasure level artifacts.

These can be used to write papers and conduct research.

They could sustain generations of researchers.

The historian, relying on these, could directly leap to become a significant expert in the country.

Although academic cliques have always been a big issue since ancient times, they are impossible to eradicate.

The reason is simple; many studies are not hard, just that firsthand information is inaccessible.

The historian simply needs to have his students come here to research and publish papers.

Unless those students don’t learn properly, one by one they will grow based on these papers.

By then, the historian’s status will also rise accordingly.

This kind of development model naturally creates academic cliques.

But Chen Yiyang couldn’t refuse the historian; after all, he was only financing the museum, and everything else was set up by the historian, who was helping Chen Yiyang for free and deserved compensation.

Thus, Chen Yiyang planned to pay the historian’s students standard salaries and, once the museum’s operations stabilized, open it to allow independent scholars to prevent the historian’s students from monopolizing research.

After dealing with these relaxed and pleasant matters.

Chen Yiyang received news from his assistant.

Douyin had showed a surprisingly good attitude, willing to cooperate with Chen Yiyang.

Of course, there were conditions.

Douyin is currently the app with the highest daily activity in the country; many try to pay for a channel to get traffic from Douyin.

So they hope that Chen Yiyang could sell the Qingguo short drama to Douyin.

Heartbeat has long coveted Qingguo short drama.

After all, Douyin started with short video content and aims to acquire all short video content to build a moat.

So when short dramas began to rise, Douyin has always hoped to buy Qingguo, and even tried investing in the short drama field itself.

But the effect was not good.

Short dramas are a new field, and no old video content platforms manage it well.

Upon hearing Douyin’s terms, Chen Yiyang didn’t rush to agree, instead waiting for the professional team’s evaluation of the Bilibili acquisition.

"Bilibili has been suffering losses these past few years, with major shareholders and the management team cashing out without waiting for the stock price to peak.

This indicates that even the top management doesn’t have confidence in Bilibili’s future."

For big companies, there are generally two reasons for senior management to cash out.

One is believing the stock price is overinflated, cashing out for some instant cash, then buying back after the price drops.

The other is seeing no optimism in the company’s future, cashing out while it’s still worth something.

Clearly, Bilibili doesn’t seem to fall in the former category.

"So how much would it take to buy Bilibili wholly?" Chen Yiyang inquired.

"Based on Bilibili’s current valuation, even with a premium, about 45 billion yuan should suffice," the team replied.

Forty-five billion.

Chen Yiyang made some calculations.

Yingkumi can provide him with a cash flow monthly.

Also, due to his good relationship with Cai Wei and others.

He could even further use loans or investments to draw out Yingkumi’s surplus cash to fill Yiyang Automobile.

Thus, the over 10 billion in cash he originally saved can be kept as tens of billions for backup.

Selling Qingguo short dramas to Douyin could fetch about 1.5 billion.

After all, Douyin previously offered Chen Yiyang 1 billion to purchase Qingguo.

Since then, Qingguo has grown significantly, becoming the leader in the short drama industry.

Selling for 1.5 billion is not an issue.

But it’s still too little.

Thinking of this, Chen Yiyang called Zhao Feipeng from Fei Peng Automobile.

"I see Fei Peng Automobile’s stock prices have risen quite a bit lately."

"Our newly released models are selling well, and the stock prices have quickly rebounded," Zhao Feipeng said relaxedly.

After Wang Fengyi joined, Fei Peng had a rapid recovery.

Although there’s a subsidy battle in the automotive industry now, Fei Peng’s financial health is excellent, unaffected by much disturbance.

"If I sell my shares in Fei Peng, how much do you think they’d fetch?" Chen Yiyang asked suddenly.

"Mr. Chen, are you joking?" Zhao Feipeng couldn’t quite believe it.

"No," Chen Yiyang replied sincerely.

"Is there something wrong with Fei Peng?" Zhao Feipeng first assumed there might be a flaw in Fei Peng’s management causing Chen Yiyang to lose confidence in its future.

"It’s simply a lack of funds," Chen Yiyang admitted honestly, "We’re friends; I wouldn’t lie to you. I’m planning to sell my Fei Peng shares, purely because I need money."

"Around 16 billion," Zhao Feipeng quickly provided a quote.

"Many investment institutions have also been inquiring about investing in Fei Peng. I’m well-informed about the price. If you’re willing to sell, Mr. Chen, I can guarantee 16 billion in cash."

"Okay, then I’ll have my team start preparing, and we’ll sign the contract once the buyer’s money is ready."

After some more small talk, Chen Yiyang and Zhao Feipeng ended the call.

Ultimately, both felt a subtle sense of relief.

Chen Yiyang first invested in Fei Peng, then started Yiyang Automobile.

Initially, this wasn’t a problem.

But as Yiyang Automobile rapidly grew in the low-end electric vehicle sector, in some areas, it started to compete with Fei Peng.

Perhaps Zhao Feipeng also worried about the shares in Chen Yiyang’s hands.

After all, as a major shareholder, Chen Yiyang had access to a lot of Fei Peng’s internal secrets.

There’s bound to be a risk that these secrets might leak to Yiyang Automobile’s team.

By selling the stocks before conflicts arise, it’s better for everyone.

Selling Fei Peng’s stocks would leave Chen Yiyang with over 20 billion.

Still shy of the over 40 billion needed.

But since many big investment firms hold Bilibili shares, Chen Yiyang needn’t prepare all 40 billion in cash, as some payment could be in fixed assets.

The next day, Chen Yiyang woke up at home.

After contemplating how to negotiate with Bilibili’s major shareholders, Tengxu and Ali, he checked his phone.

Todays’ intel: An underestimated software: A game accelerator is preparing to transform into a gaming community app; their management team is seeking external investment.

Investing now could mean catching a lucky break.

Contact details for related personnel are on page two.