Chapter 120: Chapter 119 Capitalists Are Not Philanthropists

"...we expect to achieve a net revenue of 8 million yuan by the end of the year!""The corporate culture at Origami Network is: refusing ineffective internal competition, advocating for a leisurely work environment for employees, and creating the most relaxing games for female players with the most relaxed mindset!"

"My presentation is over, thank you all for listening."

Wei Tong struggled to suck in his little potbelly and bowed deeply to the audience.

After collecting his things, he returned to his seat and let out a long sigh the moment he sat down.

"Phew... I was actually a bit nervous, haha."

He grabbed some tissue from the table, wiped the fine sweat off his neck, and chatted up Gu Yu with a chuckle.

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"Haha, after all, it's related to the development of the company, being nervous about such a crucial matter is very normal."

Gu Yu grinned, though his eyes kept moving back and forth over Bi Jian.

Sure enough, Bi Jian was next to take the stage, with a charming secretary following to assist with his USB flash drive and project proposal.

"I am the general manager of Sword Barrier Network Technology Co., Ltd., Bi Jian, and I'm pleased to introduce Sword Barrier Network to everyone here!"

"Our company was founded in the spring of 2019, and we have gone through nearly two years of consistent upgrading — from the blossoms of spring to the moons of autumn, from the cicadas of summer to the snows of winter. Under my leadership and through the hard work of all the employees at Sword Barrier Network, we've released popular games like 'Rags to Riches' and 'Synthesize Big Watermelon'. Now, we have another hot product, 'Simulating Billionaire', live on the Shengda Mobile Game Platform."

"Please look at the statistics. 'Simulating Billionaire' has been live for less than a week and has already achieved 2.03 million downloads and 500,000 daily active users! We expect to complete 5 million in revenue after a full month online... "

"It's not difficult to see from the data…"

Bi Jian elaborated on his company's capital and prospects at length, and Gu Yu listened quite attentively.

After all, it is important to know your enemies as well as yourself, but the more Gu Yu listened, the more displeased he felt.

Because Bi Jian's lengthy speech was just boasting about how incredibly impressive his company was, and even the efforts of the developers were credited to his own correct leadership.

If Gu Yu hadn't known that Bi Jian's company was always exploiting those impoverished students, he might actually have believed in Bi Jian's strong leadership.

Sadly for Bi Jian, all the information about his company had already been collected by Ma Tengyun and given to him!

Sword Barrier Network was nothing but a thoroughbred vampire!

"Mr. Bi, I have a question, how many full-time employees does Sword Barrier Network currently have? To my knowledge, Sword Barrier Network doesn't have a formal development team, does it?"

Gu Yu couldn't bear to watch Bi Jian continue fabricating tales on stage and so raised his hand, interrupting his speech.

Since every attendee had the right to ask questions freely, and a few people had already voiced their opinions upon spotting issues.

These were the rules of fair competition, you can attack my philosophy, and I can question anything about you.

Bi Jian, who was in the midst of his impassioned speech on stage, came to an abrupt halt. He hadn't expected Gu Yu to challenge him at this point, especially with such a tricky question.

No formal development team? Could that sound right for a gaming company?

No, it did not sound right at all!

It indicated that the company was just a shell, even though it might seem well-operated now, it was unstable, and it wouldn't be surprising if the management ran off with the money someday.

Bi Jian didn't know whether Gu Yu stumbled upon this question by accident, but anyway, this kind of issue was a severe no-no for investors!

The audience below also started whispering among themselves. They had thought Sword Barrier Network had a very strong development team after hearing Bi Jian's boastful claims.

Then, all of a sudden, the façade was ripped off — no stable developers, how could this company be a worthy investment?

Even the investment manager Chen Yufei and several supervisors who hadn't accepted Bi Jian's bribes looked serious. They might decide who to invest in, but they couldn't be reckless!

After all, they were on camera!

"Mr. Bi, we share the same question and would like you to clarify for everyone. Is this a new management strategy of yours?"

Finally, Supervisor Wang, who had taken Bi Jian's bribe, came to the rescue.

He suppressed the minor questions from everyone and also gave Bi Jian a reminder.

Beads of cold sweat were nearly running down Bi Jian's back and into the crack of his buttocks, but he regained his composure promptly thanks to Supervisor Wang's words.

Right, he even has Supervisor Wang to help him! What's there to panic about?

With this thought, he cleared his throat, then organized his thoughts and explained to everyone, "Hehe, Supervisor Wang really sees things clearly. This is indeed a new management strategy of mine."

"While currently our company only has three formal employees, we actually have a total of twenty-seven developers! They are all impoverished computer science students from Haidong University, having undergone over a year of practicum at our company, their development ability is beyond doubt."

"I hire them to develop products for the company, paying them a living allowance as compensation. Not only does this solve the company's product issues, but it also helps these students be self-sufficient!"

"As for stability issues, I've been working with these students for over a year. Not to mention that we know each other inside out, but we've also gone through numerous difficulties together, forming deep bonds!

Although we haven't signed labor service contracts with them, we understand and respect each other mutually, otherwise, we wouldn't have completed the hit game 'Simulating Billionaire'!"

"Of course, as Sword Barrier Network grows, and once they graduate, I'll establish formal employment relationships with them! The current approach is just to simplify company management and optimize our structure!"

Bi Jian finished introducing his "new management method" in one breath, and the audience whispered among themselves.

"This… isn't this just exploitation? Without a service relationship, isn't it just paying whatever wages they want to pay?"

"Such practices are comparable to a vampire!"

"Some new management method that is! Bi Jian is really unscrupulous!"

Unscrupulous as it may be, but this method can indeed significantly reduce management costs and company expenses."

"Yeah, as business owners, isn't our goal to make money?"

"..."

Some people disagreed, some agreed, but there was no unified opinion.

Some entrepreneurs, though bosses, still held on to their bottom line.

Others, on the other hand, were solely focused on making more money, fully illustrating the saying: capitalists are not philanthropists.

This is when Supervisor Li Jia spoke up.

"Although this management method has some issues, for a company in the start-up phase, it can indeed greatly reduce initial costs, so it's not entirely indefensible. As long as the company gets on track later, proper handling should not be a problem."

Supervisor Li Jia's voice was cool and detached, conferring an inexplicable sense of conviction.

At this time, Supervisor Wang Meng echoed, "Indeed, it's not a big issue. It's just a start-up, I can understand."

One cold and one warm, in harmony, the crowd gradually quieted down.

Manager Chen Yufei's brows furrowed and then relaxed as he looked left and right at his two supervisors, and suddenly understood something. Searᴄh the Nôvelƒire.net website on Google to access chapters of novels early and in the highest quality.

These two, were probably like him, having received something, weren't they?

He hesitated in his heart, but since both were his subordinates, he chose to turn a blind eye.

"Hmm, it's indeed not a big issue. Since everyone's concerns have been addressed, let's invite Mr. Bi to take his seat."

Chen Yufei nodded, using his authority to gloss over the matter.

Bi Jian returned to his seat, giving Gu Yu a provocative smile.

At this point, Gu Yu had also understood everything.

This was insider trading! Absolutely insider trading!

"There's one company left, Ideal Paradise Network Technology Co. Are you ready to take the stage?"

Chen Yufei looked towards Gu Yu, the last company.

But Gu Yu just smiled and shook his head at him.

"No, our company will not participate in Shengda's bidding investment."

"Whoa—"

As soon as the words fell, the room erupted in surprise.