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Chapter 136: Ma Huateng Calls a Meeting, Striving to Persuade the Company’s Shareholders (Part 2/4)
Everyone nodded in agreement.
Tang Feng checked the time and saw that it was already lunchtime.
He directly asked Su Xiaoli to call the restaurant to have the dishes delivered.
Soon, the dishes were delivered.
Tang Feng and everyone had lunch together.
By this time, Ma Huateng and Zhang Qing were already on the flight back to Xuzhou.
“Mr. Ma, are you really planning to convince the shareholders to accept the proposal to sell Tencent?” Zhang Qing asked.
“Yes,” Ma Huateng nodded and said, “Tang Feng’s strength in software development is not ordinary. The uu chat software is just the first one he has launched, and there will definitely be others. If we can become his partners now, we will definitely benefit a lot,” Ma Huateng answered with a smile.
“But the shareholders might not agree. After all, Tencent’s current profitability is very good. If they don’t agree, what do you plan to do?” Zhang Qing continued to ask.
“I believe they will agree. If they don’t, I will sell all the shares I hold and take the money to invest with Tang Feng,” Ma Huateng quickly made a decision.
“I’ll join you when the time comes,” Zhang Qing volunteered.
“Don’t worry! You’ll definitely be included! When the entire founding team leaves, Tencent’s valuation will definitely shrink significantly,” Ma Huateng assured.
“It’s unbelievable, Tang Feng, at such a young age, has reached the pinnacle level in computer science. Compared to him, my level is simply not worth mentioning!” Zhang Qing sighed.
“He truly is a genius! And a versatile one at that! No matter what, I must work with him. I believe under his leadership, Li Feng Network will become the top internet enterprise in the world,” Ma Huateng said, his eyes filled with admiration.
“Wait a minute! Mr. Ma, it sounds like he has become your idol!” Zhang Qing was quite surprised.
“Because he really is incredible! If you follow him, I believe your technical level will also improve rapidly,” Ma Huateng laughed.
“That’s for sure. If my technical level could reach half of his, I would be more than satisfied,” Zhang Qing responded.
“When you raised those technical questions during our conversation, I saw he answered them very easily. I initially doubted whether the uu chat software was developed by him, thinking maybe he was just a figurehead. Now it seems I was wrong,” Ma Huateng sighed.
“His technical expertise is unquestionable. Moreover, his explanations are very clear and easy to understand, even for those who don’t know much about technology. If we can really become his partners, I must learn from him,” Zhang Qing said.
“After we get back, you’ll help me convince the shareholders,” Ma Huateng said.
“Okay,” Zhang Qing nodded.
Soon, they returned to Xuzhou.
Before boarding the plane, Ma Huateng had his assistant call the company’s shareholders.
So, by the time he arrived at the meeting room, the shareholders were already waiting there.
Tencent didn’t have many shareholders.
Only five.
Mostly domestic and international venture capital funds.
“Everyone, I’m sorry for hastily calling you all to this meeting,” Ma Huateng said apologetically.
“Mr. Ma, have you gathered us here because there’s something important you need to discuss?” Shen Peng, a senior partner at BlueSpruce Investments, asked.
“Have you all heard of the uu chat software?” Ma Huateng looked around at everyone.
“Yes,” Yan Liang, a partner at Sage Fund, nodded.
“It’s said that this chat software was developed by that math genius from Jingcheng University. He also participated in the World Men’s Basketball Championship, leading the China team to victory! When he announced his development of this chat software during the victory interview, the interview content was released, and within just three hours, the download volume of uu chat software reached five million! This number is indeed astonishing!” Shen Peng’s expression became serious as he spoke.
“Mr. Ma, did you call us all here to discuss a strategy?” Yan Liang speculated.
“Not to hide from you all, Mr. Zhang and I have just returned from Jingcheng. We have already met with Tang Feng,” Ma Huateng disclosed truthfully.
The crowd suddenly looked at each other.
“Mr. Ma, why did you go to see him?” Shen Peng asked.
“I initially wanted to acquire the chat software he developed and then have him join Tencent, offering him some shares. But he outright refused,” Ma Huateng answered.
“Now that the chat software’s download volume is so high, he definitely wouldn’t agree. Moreover, I’ve already used this chat software, and it has many features and a very good user experience. If I had to choose between two chat software, I would definitely choose the uu chat software,” Yan Liang said.
“The key is we can’t replicate these features into our own chat software,” Ma Huateng sighed.
“Why can’t we replicate them? Aren’t all technologies interconnected? If really necessary, we could hire more technical staff and jointly tackle the issue! I refuse to believe we can’t do it!” Shen Peng said, clearly unwilling to accept defeat.
“Mr. Shen, our tech department has already studied it carefully, and some of the programming techniques used in those features are beyond our grasp. Simply hiring technical staff won’t solve the problem,” Zhang Qing stepped forward to explain.
“No way? Did I hear that right? There are things you haven’t mastered?” Shen Peng was greatly surprised.
“We indeed haven’t mastered them,” Zhang Qing said somewhat embarrassedly.
After all, he was Tencent’s Chief Technology Officer, a top graduate of Xuzhou University’s computer science department, and had been working for many years, only to find out he was inferior to a first-year student.
“Does that mean Tencent is facing a huge crisis?” Everyone became anxious.
After all, Tencent’s current income was very good. If nothing went wrong, it could go public next year!
“Yes,” Ma Huateng nodded, “If we can’t come up with a good solution, our users will massively defect in a short period of time. And as time goes on, it will become increasingly disadvantageous for us.”
“So, what do you plan to do?” Shen Peng asked seriously.
“I’ve called you all here to discuss the possibility of selling Tencent to Tang Feng’s Li Feng Network,” Ma Huateng answered.
As soon as his words fell, the shareholders were astounded.
“Mr. Ma! Did I hear that right? You’re talking about selling Tencent to them?” Yan Liang thought he must have misunderstood.
“You heard right. I’m talking about selling Tencent to them,” Ma Huateng responded calmly.
“Give us a reason!” Shen Peng’s emotions became somewhat agitated.
“The reason is that the other party is too powerful! If we don’t sell the company to them, it won’t be long before the company faces bankruptcy,” Ma Huateng explained.
———-
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Moofie[Translator]
Just a college student that loves reading novels~!