Chapter 268: Esports Club!
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
“Transfer of Shares in the Game Company?!” Zhou Chao exclaimed as he looked at the document in his hand.
Zhou Chao opened the file, and it turned out to be a 7% stake in Si Cong’s game company.
He looked at Si Cong with a puzzled expression, waiting for him to continue.
Si Cong poured water into Zhou Chao’s teacup and set the teapot down before speaking, “You know 1 just sorted out this mess recently, and 1 can’t come up with that much money for you right now. So, 1 thought about using shares to settle your debt.”
Halfway through speaking, Si Cong took a sip of water and continued, “Currently, my electronic game company is valued at around 1.5 billion, and I’ve directly converted it into shares for you.”
When Zhou Chao heard Si Cong’s words, he didn’t pay much attention. In fact, Zhou Chao knew better than Si Cong about the commercial value of this game company, especially the IG esports club. He didn’t need the funds right now, so he could accept the share conversion.
“Alright, consider it an investment in your game company!”
Zhou Chao took the pen from Si Cong and signed his name directly, marking the moment he stepped into the world of esports.
“Oh, by the way, Si Cong, how’s Qin Fen’s game company doing lately? I invested with him on that esports club on the yacht, but I haven’t heard any updates!” Zhou Chao finished signing and remembered the esports club he invested in with Qin Fen.
“It’s not bad. The league division has already entered the LPL threshold, but the overall strength is not that great. After all, Qin Fen’s focus isn’t really on the game.” Zhou Chao understood Si Cong’s point. For people at their level, electronic games were at most a hobby.
“On another note, Si Cong, are you guys making money from investing in esports? I’ve noticed that quite a few second-generation rich kids have formed their own clubs!” Zhou Chao finished his tea and asked the question he had been wanting to ask.
“Well, it’s a kind of ideal, I suppose. Everyone wants to create their own team from scratch, carry the flag, and stand on the world’s highest stage to make their voices heard!
Moreover, running a club often results in losses. If they can’t achieve good results, the initial investment is like throwing it away. Don’t be surprised; many teams may seem glamorous on the surface, but behind the scenes, it’s all about spending money. Ask Lao Piao; his team has been around for a while now, and 1 can’t say it’s losing, but it’s not making much money either!”
Zhou Chao turned his gaze to Lao Piao, who nodded in agreement and said, “Nowadays, there are too many teams in the LPL region, and getting a spot is very difficult.
Without good results, there’s no advertising or sponsors. Many team owners have to foot the bill themselves. Fortunately, the live-streaming industry has taken off in the past two years, so many teams are live-streaming on various platforms. Otherwise, I don’t know how many teams would have gone bankrupt!”
Zhou Chao also understood. In his previous life, many club members were streaming on various major platforms, and with their existing popularity, many of them made quite a bit of money. However, it turned out that most of them were still losing money.
It seemed that every field required strength to speak for itself. Nevertheless, Zhou Chao had a strong interest in esports, as the more he played, the more he loved it. Even though his skills were already top-notch, he still enjoyed playing.
“Chao, what are you thinking about?” Si Cong interrupted Zhou Chao’s daydream.
“Nothing, just thinking about what to eat. Let’s have dinner; the dishes are getting cold!” Everyone started eating.
The room became lively, and they chatted away. After a couple of hours, they concluded their dinner for the night.
“How about going to the bar with me for a while? You’re alone at home anyway!”
Zhou Chao quickly declined, “No, I’d better not. I’m afraid if 1 go to the bar with you, it’ll be all over the headlines tomorrow, and my wife might fly back overnight to kill me.”
“When do you plan to have your wedding?” Everyone looked at Zhou Chao with curiosity.
“I’m not considering it for now. Let’s wait a while longer. There’s no rush!”
“Alright, you’re different now. You’re a married man. We won’t push you. I’ll take Lao Piao and the others to the bar then!” Si Cong understood that when Zhou Chao made up his mind, he wouldn’t be easily persuaded. He left with Lao Piao and the others, driving away from the Huang Mansion.
Zhou Chao watched them leave and then drove in the direction of The Palms Residence.
When Zhou Chao returned home, it was only 8 PM. He hadn’t been drinking, so he was in good spirits.
“Ugh, it’s so boring lately. I’ve had enough of gaming, and there’s nothing to do in the evening. It’s really boring!”
Zhou Chao was now lying on the patio lounge chair, holding a super-sized cup of frozen watermelon juice. He took occasional sips, enjoying the peaceful life.
“Bzzz!”
“Hmm, why so early today?” Zhou Chao put down his juice and picked up his phone, wondering why Jiang Li was calling on a video call so early.
As the video call connected, he saw Jiang Li and the scene behind her, which seemed to be a bonfire party!
“Hey, where are you guys right now?”
“We’re in Aba, Sichuan Province. We happened to be here during their local festival, and the government invited us to join. There are so many people here!” Jiang Li’s face was filled with a cheerful smile as she spoke.
Zhou Chao couldn’t help but be captivated by the smile on Jiang Li’s face.
“What are you staring at so intently, you goof?”
Coming back to his senses, Zhou Chao smirked and said, “Of course, I’m admiring my beautiful wife!”
“Ugh, shameless!” Jiang Li playfully scolded him, but her smile became even brighter.
The two of them chatted for a while, but Jiang Li had something to attend to, so they quickly ended the call, leaving Zhou Chao feeling a bit lonely for a moment.
He continued to gaze at the night view of the Huangpu River and the Bund. After finishing the watermelon juice in his cup, Zhou Chao got up and headed to the bedroom.
Nights always passed quickly, giving a fleeting feeling. The next morning, Zhou Chao woke up early and was already sweating profusely on the treadmill in the gym.
“Phew, phew! This body feels rusty from not exercising regularly!” Zhou Chao had spent nearly two hours in the gym, and his workout shirt was soaked with sweat.
After taking a shower, Zhou Chao walked out of the bathroom, still naked. He looked at himself in the mirror, his body still in perfect shape, and the prominent symbol of masculinity. He nodded in satisfaction and then put on some clothes.
As the clock neared 10:30 AM, Zhou Chao grabbed his keys and headed out of his house. His agenda for the day included a visit to the company for a checkup and an afternoon meeting with the talented individual recommended by Ling Chen..
Chapter 268: Esports Club!
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
“Transfer of Shares in the Game Company?!” Zhou Chao exclaimed as he looked at the document in his hand.
Zhou Chao opened the file, and it turned out to be a 7% stake in Si Cong’s game company.
He looked at Si Cong with a puzzled expression, waiting for him to continue.
Si Cong poured water into Zhou Chao’s teacup and set the teapot down before speaking, “You know 1 just sorted out this mess recently, and 1 can’t come up with that much money for you right now. So, 1 thought about using shares to settle your debt.”
Halfway through speaking, Si Cong took a sip of water and continued, “Currently, my electronic game company is valued at around 1.5 billion, and I’ve directly converted it into shares for you.”
When Zhou Chao heard Si Cong’s words, he didn’t pay much attention. In fact, Zhou Chao knew better than Si Cong about the commercial value of this game company, especially the IG esports club. He didn’t need the funds right now, so he could accept the share conversion.
“Alright, consider it an investment in your game company!”
Zhou Chao took the pen from Si Cong and signed his name directly, marking the moment he stepped into the world of esports.
“Oh, by the way, Si Cong, how’s Qin Fen’s game company doing lately? I invested with him on that esports club on the yacht, but I haven’t heard any updates!” Zhou Chao finished signing and remembered the esports club he invested in with Qin Fen.
“It’s not bad. The league division has already entered the LPL threshold, but the overall strength is not that great. After all, Qin Fen’s focus isn’t really on the game.” Zhou Chao understood Si Cong’s point. For people at their level, electronic games were at most a hobby.
“On another note, Si Cong, are you guys making money from investing in esports? I’ve noticed that quite a few second-generation rich kids have formed their own clubs!” Zhou Chao finished his tea and asked the question he had been wanting to ask.
“Well, it’s a kind of ideal, I suppose. Everyone wants to create their own team from scratch, carry the flag, and stand on the world’s highest stage to make their voices heard!
Moreover, running a club often results in losses. If they can’t achieve good results, the initial investment is like throwing it away. Don’t be surprised; many teams may seem glamorous on the surface, but behind the scenes, it’s all about spending money. Ask Lao Piao; his team has been around for a while now, and 1 can’t say it’s losing, but it’s not making much money either!”
Zhou Chao turned his gaze to Lao Piao, who nodded in agreement and said, “Nowadays, there are too many teams in the LPL region, and getting a spot is very difficult.
Without good results, there’s no advertising or sponsors. Many team owners have to foot the bill themselves. Fortunately, the live-streaming industry has taken off in the past two years, so many teams are live-streaming on various platforms. Otherwise, I don’t know how many teams would have gone bankrupt!”
Zhou Chao also understood. In his previous life, many club members were streaming on various major platforms, and with their existing popularity, many of them made quite a bit of money. However, it turned out that most of them were still losing money.
It seemed that every field required strength to speak for itself. Nevertheless, Zhou Chao had a strong interest in esports, as the more he played, the more he loved it. Even though his skills were already top-notch, he still enjoyed playing.
“Chao, what are you thinking about?” Si Cong interrupted Zhou Chao’s daydream.
“Nothing, just thinking about what to eat. Let’s have dinner; the dishes are getting cold!” Everyone started eating.
The room became lively, and they chatted away. After a couple of hours, they concluded their dinner for the night.
“How about going to the bar with me for a while? You’re alone at home anyway!”
Zhou Chao quickly declined, “No, I’d better not. I’m afraid if 1 go to the bar with you, it’ll be all over the headlines tomorrow, and my wife might fly back overnight to kill me.”
“When do you plan to have your wedding?” Everyone looked at Zhou Chao with curiosity.
“I’m not considering it for now. Let’s wait a while longer. There’s no rush!”
“Alright, you’re different now. You’re a married man. We won’t push you. I’ll take Lao Piao and the others to the bar then!” Si Cong understood that when Zhou Chao made up his mind, he wouldn’t be easily persuaded. He left with Lao Piao and the others, driving away from the Huang Mansion.
Zhou Chao watched them leave and then drove in the direction of The Palms Residence.
When Zhou Chao returned home, it was only 8 PM. He hadn’t been drinking, so he was in good spirits.
“Ugh, it’s so boring lately. I’ve had enough of gaming, and there’s nothing to do in the evening. It’s really boring!”
Zhou Chao was now lying on the patio lounge chair, holding a super-sized cup of frozen watermelon juice. He took occasional sips, enjoying the peaceful life.
“Bzzz!”
“Hmm, why so early today?” Zhou Chao put down his juice and picked up his phone, wondering why Jiang Li was calling on a video call so early.
As the video call connected, he saw Jiang Li and the scene behind her, which seemed to be a bonfire party!
“Hey, where are you guys right now?”
“We’re in Aba, Sichuan Province. We happened to be here during their local festival, and the government invited us to join. There are so many people here!” Jiang Li’s face was filled with a cheerful smile as she spoke.
Zhou Chao couldn’t help but be captivated by the smile on Jiang Li’s face.
“What are you staring at so intently, you goof?”
Coming back to his senses, Zhou Chao smirked and said, “Of course, I’m admiring my beautiful wife!”
“Ugh, shameless!” Jiang Li playfully scolded him, but her smile became even brighter.
The two of them chatted for a while, but Jiang Li had something to attend to, so they quickly ended the call, leaving Zhou Chao feeling a bit lonely for a moment.
He continued to gaze at the night view of the Huangpu River and the Bund. After finishing the watermelon juice in his cup, Zhou Chao got up and headed to the bedroom.
Nights always passed quickly, giving a fleeting feeling. The next morning, Zhou Chao woke up early and was already sweating profusely on the treadmill in the gym.
“Phew, phew! This body feels rusty from not exercising regularly!” Zhou Chao had spent nearly two hours in the gym, and his workout shirt was soaked with sweat.
After taking a shower, Zhou Chao walked out of the bathroom, still naked. He looked at himself in the mirror, his body still in perfect shape, and the prominent symbol of masculinity. He nodded in satisfaction and then put on some clothes.
As the clock neared 10:30 AM, Zhou Chao grabbed his keys and headed out of his house. His agenda for the day included a visit to the company for a checkup and an afternoon meeting with the talented individual recommended by Ling Chen..
