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Besides stocks.
Another major source of profit for GGP is its investment in projects.
Said it before.
GGP has a dedicated group of experts who study whether games can make money from various perspectives. Since they've already studied whether games can make money, they've determined that those games can.
GGP will proactively reach out to game developers.
Make project investments.
They don't invest in the entire company, but in individual projects. If the project makes money, they share the profits; if the project loses money, they lose a percentage of the profits.
Major stock operations are handled by the GGP Fund Office.
And these individual projects.
It is managed by GGP's investment managers.
Mino is that kind of person.
Mino's luck hasn't been good since the beginning of this year.
Whether it was Fallout 76 at the end of the year or Anthem at the beginning of the year, both resulted in huge losses.
In investing, it's normal to have both wins and losses.
Moreover, the loss is only the fund's money. As long as the overall market doesn't lose money, his loss is nothing. At most, he won't get a bonus, will be scolded by his boss, and his managed funds will be further reduced.
Can be biased.
Mino's habit of "borrowing a chicken to lay eggs" means that when the company invests in projects, he also invests himself.
Investments of tens of thousands or hundreds of thousands.
This is also a common practice for many fund investment managers.
To be fair, the experts that GGP hires at great expense are not to be underestimated; in most cases, projects selected by GGP are profitable.
Mino can also make some money by leveraging GGP's reputation.
But... this year has seen two consecutive rounds of blows.
However, this caused Mino to lose all the money she could possibly lose.
For gamblers, when the chips on the table are gone, their reaction is definitely not to stop gambling.
Instead, they try every means to make money before the next gambling game begins.
Mino was lucky; after GGP's second round of funding, because the funding came from Sweet Baby, GGP was able to get involved in some projects that it couldn't get involved in before.
For example, Marvel Alliance.
For Mino, Marvel Alliance is his next gamble.
A game that must be won.
Mino really didn't know how to compensate a game with a global super IP that had just won the Most Anticipated Game Award at the Summer Game Festival.
The remaining questions are quite simple.
We need to raise the money quickly.
Marvel Alliance, which is about to be released next month, is like a stock that is about to be delisted. If you don't buy it now, you won't be able to buy it anymore!
Right at this critical juncture.
Honey has arrived, bringing with him an opportunity to blackmail Spark. If you were Mino, would you let it go before you get the money?
impossible!
Almost immediately after confirming the information's authenticity, Mino pounced on it without hesitation, like a shark seeing blood.
After receiving no response to the first two emails, Mino pulled Honey to submit the paper documents.
Even at the very end, it was Mino who made the decision to provoke Spark through a whistleblower report.
"Don't worry, my old buddy, the people from Spark will definitely come after us. Don't forget, we're Americans."
Milo believed his plan was bound to succeed.
And even if he fails, he's not afraid; after all, he's an American.
This identity offers both offensive and defensive advantages.
If, as an international friend, he were to expose this matter, it would be a scandal for Xinghuo and would also embarrass the Chinese government.
Even if something goes wrong, what can China do to an American like him?
to be frank.
Mino's plan was brilliant, and it was absolutely right.
But what he didn't expect was that he was actually completely exposed to Xinghuo's watchful eye.
“I think we should just give up. We sent three ransom letters and it didn’t work.”
"Spark probably doesn't care about this. They're already one of the top companies in the gaming industry, and they have their own PR team. Now that I think about it, they think they can get money with just a ransom letter..."
Horney no longer wanted to continue the plan, because he had gradually realized why Emmett had asked him to do it.
This in itself implies a risk.
Milo smiled dismissively at his best friend's hesitation.
"Hey, old buddy, don't underestimate the power of this whistleblower. No matter how big Spark is, it still developed on Chinese soil. They have a lot to worry about, while we Americans don't have as many concerns."
“Spark ignored us before, probably because they thought we weren’t capable of doing this. But now that we’ve sent the complaint letter, according to my Chinese friend, once the complaint letter is sent, they will definitely know that we’re not joking.”
He paused and continued.
"Moreover, think about it. Spark is currently selling games to Chinese players in an illegal manner. Once this is exposed, Spark will not only damage its domestic market, but also, in the United States, we can use public opinion to severely damage Spark's image among American players."
"Then their losses will be enormous."
When someone starts to back down, they'll find excuses for themselves.
Horney also voiced his objections.
"But what if they choose to fight it out? Or what if the Chinese government directly declares that what Xinghuo did was not illegal? Milo, think about it carefully. A Chinese game platform selling games to Chinese players is illegal in China? That's really absurd..."
"That's why we need to invite so many experts."
Milo burst into laughter.
"That's what it is."
“If they dare to stand their ground, we’ll make a big scene. I’ve already registered a public relations company in China… You don’t understand China; it truly is a magical country.”
"We're going to make a fortune this time, a huge fortune!"
Just then, Milo's phone rang.
He glanced at the caller ID and a smug smile spread across his face.
"See, I told you so, the people from Spark really did come looking for us."
He answered the phone, deliberately speaking in an arrogant tone.
"Hey, who is it?"
A deep voice came from the other end of the phone.
“Mr. Milo, I’m the head of Spark America. I think we can talk…”
Milo was overjoyed, but on the surface he still pretended to be very calm.
It's important to know that if an investment is successful, the bulk of the profits come from GGP.
But what if the extortion succeeds?
All the money ended up in his own pocket.
"Oh? Talk? How do you want to talk?"
“Mr. Milo, I hope you understand that Spark is a legitimate company and we will not accept any form of extortion.”
The other party's tone was very firm.
"Haha, extortion? Don't accuse me of that. I'm just protecting our rights."
Chapter 368 Old Tricks
Milo said shamelessly.
"Think it over. We only want ten million US dollars. If you agree, we can talk. If not, in three days, you can expect your story to be in the newspapers!"
After saying that, Mino hung up the phone without waiting for a reply.
After hanging up the phone, Milo let out a long howl and danced with joy.
"Awesome!! Bro, did you see that? They're not fearless!!"
"Damn it, I told you not to answer the extortion letters before, you were so arrogant."
"And now look at you, aren't you still obediently calling me to beg me?"
"Hahaha, it's so cool."
Milo was basking in his "victory," as if he could already see the huge sum of US dollars about to be his.
He paced back and forth in the room, a smug look on his face.
At this moment, he felt that all his previous efforts had been worthwhile.
"See, Horney? I told you so, they did come looking for us. Why do you look like that?"
Mino looked at Horney.
At this moment, Horney showed no excitement whatsoever; instead, he looked bewildered, with a hint of fear on his face, as if he had seen a ghost.
Mino assumed that Honey hung up because he had only spoken a few words on the phone.
I'm worried that the other person will stop contacting me.
He even went out of his way to explain.
"Think I hung up too quickly? No problem, bro, just mess with them, they'll definitely call back..."
But he hadn't finished speaking.
Horney spoke up.
"How did they know your name was Mino?!"
"My name has always been Mino, what's the big deal..."
Almost instantly.
Milo's expression changed immediately.
"Yeah, how did they know my name was Mino!?"
"Is there something wrong with your phone card?"
"Impossible! I bought this phone card on the black market for a high price..."
Horney asked, looking flustered.
"How did they know your name!?"
Milo was starting to panic.
But she still tried to remain calm.
"What's there to be afraid of? Even if they know, what can they do? As long as our threat is real, I don't believe they can do anything to me."
Horney paced anxiously back and forth; he understood the darkness of capitalism better than Milo did.
"You're too naive. Spark is no ordinary company. They definitely have ways to deal with us."
Milo's expression also turned somewhat unpleasant. At this moment, he was also in a state of utter confusion, but he still stubbornly gave a reply.
"There's no other way now, let's see what Xinghuo decides to do."
~~~
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