CSGO Unboxing Streamer: A Charity-Driven Tycoon
Chapter 324 I really didn't lose out!
Hongkong Zhixing hit the daily limit for two consecutive days.
The upward trend gradually stabilized on the third day.
However, it also pushed the market value of 29 billion to 30 billion in less than two hours after the market opened.
Its market value went from nearly falling below 20 billion to 30 billion.
It only took Lu Yiming a single sentence and less than two days.
This left netizens with no choice but to describe it as terrifying.
As for Lu Yiming's fans...
They simply called Hong Kong Intelligent Transportation Company a go-getter.
As for the previous misunderstanding that Lu Yiming had backed down, they had already forgotten about it. Even if Lu Yiming brought it up during the live stream, they would only blankly ask, "Did that really happen?"
January 25th.
A week has passed since Hongkong Zhixing finally turned the tide.
This week has passed.
Netizens have stopped paying attention to the Hongkong Zhixing incident.
Hot topics are time-sensitive.
Once the hype dies down, it's over.
However, Hongkong Zhixing's market capitalization was lower this week.
It has increased to nearly 40 billion.
It's safe to say that even if it reaches the 50 billion mark, at the current rate of increase, it will only be a matter of next month.
However, compared to the fact that Hongkong Zhixing's market value has exceeded 50 billion,
Lu Yiming's fans were more concerned about something else.
The RSSCSGO department was never reported to Valve after its establishment.
The main problem was that the players weren't confirmed at the beginning.
After finalizing all the players a while ago, we immediately started this process, and Valve provided feedback today.
This kind of feedback is normally given by Valve directly to the club.
The contents will not be known to outsiders beforehand.
But Lu Yiming learned of this news while he was live-streaming.
Therefore, this news was directly shared with the viewers.
The feedback was nothing more than that.
Lu Yiming holds shares in the NAVI esports team and is now planning to register an RSS esports team.
To ensure fairness in the competition, Valve does not allow a single owner to own multiple teams.
therefore.
RSS wants to register with Valve and participate in subsequent tournaments hosted by Valve.
Lu Yiming must give up his shares in the NAVI team.
Even if Lu Yiming is a shareholder of Valve.
You also cannot break this rule.
The next day.
Lu Yiming's show has started airing.
Viewers have been asking about the follow-up to this incident.
Lu Yiming shrugged easily and said, "What's there to hesitate about! We should just sell NAVI's shares!"
That's fine.
However, the fans are worried about whether they can get a good price for it.
They continued to ask Lu Yiming what price he paid for it.
In response, Lu Yiming said, "I remember it was eight million dollars to acquire 45% of the shares, right? I subsequently increased my stake by another 10%, so now I hold 55% of NAVI's shares!"
Lu Yiming acquired NAVI shares relatively early.
In 2019, NAVI's valuation was just over ten million US dollars.
However, valuation is valuation.
To defeat NAVI, who were then part of the Galactic Empire, would inevitably require paying an extra price.
And just then, NAVI's owner needed money.
At the same time, an investor who doesn't interfere too much with NAVI's development is also needed.
Lu Yiming just happened to meet his criteria.
That's how the eight million dollars were exchanged for 45% of the shares.
Of the four million dollars, the owner of NAVI pocketed it; another four million dollars was used to sign supplementary agreements to extend the contracts with the players at his request; and the remainder was used to operate NAVI.
But no one expected it.
After Lu Yiming invested, NAVI immediately won the championship.
At this point, the value of NAVI increased dramatically.
At the same time, NAVI's revenue share after winning the championship was enough to recoup Lu Yiming's investment of eight million dollars.
However, NAVI's owner's investments in several other projects failed.
He then exchanged 10% of his shares for four million dollars from Lu Yiming.
With a surge in CS:GO players in China.
Furthermore, Lu Yiming's purely green platform has been rapidly increasing the CSGO player base across Asia.
The CSGO esports scene is currently thriving.
Moving towards a Tier 0 base for the league.
NAVI's valuation has increased from the initial ten million US dollars to the most recent valuation of fifty million US dollars.
This means that Lu Yiming holds shares that cost him 12 million dollars.
Its current value is $27.5 million.
of course.
This part is pure profit.
The costs have already been recouped through dividends.
at this time.
The viewers learned the value of Lu Yiming's shares from his account.
He immediately exclaimed that Lu Yiming had made a fortune.
However, selling NAVI's shares at this point would also result in a loss.
After all, everyone knows it.
The popularity of CS:GO has not yet reached its peak.
NAVI's value still has room to grow.
Lu Yiming didn't expect his fans to react this way.
The live stream chat was full of comments saying he lost a lot of money.
For a moment, I didn't know what to say.
It has been about a year since the end of 2019.
An investment of twelve million dollars.
The net profit was approximately thirty million dollars.
This can be considered a loss.
He genuinely doesn't know what it means to make a profit.
Then, exasperated, he said, "That's enough! This was definitely a worthwhile trade!"
In fact.
Lu Yiming chose to acquire NAVI's shares at that time.
They really went there to make money.
After all, he knew NAVI would win.
Even though his intervention ultimately prevented NAVI from winning the championship.
He won't lose money on this investment.
This move brought great convenience to the later establishment of the RSSCSGO department.
His stake in NAVI became the ticket for RSSCSGO youth players to train in Europe.
Without NAVI's shares.
I believe that arranging for someone to go to Europe for training is not an easy task.
It's not something that can be solved with the current cost.
In summary
Acquiring shares in NAVI made Lu Yiming a fortune.
However, the viewers wouldn't think that much about it.
Lu Yiming is now "forced" to sell his shares.
Losing even one dollar is still a loss.
Ignoring Lu Yiming's complaints, they all asked about the next buyer of the shares.
In this regard.
Lu Yiming nodded and said, "We're already in talks! I estimate it will sell for around three to three thousand five hundred!"
at the same time.
Lu Zhen is currently discussing NAVI shares with Cao Siyun at Fanxing Group.
Perfect Group wants to acquire a stake in NAVI.
It was used as a window for them to promote other businesses in Europe.
It's worth noting that NAVI's endorsement fees are not cheap these days.
Since the previous ones haven't expired yet.
As the contracts expire, the new endorsement fees will definitely increase.
Compared to paying exorbitant endorsement fees.
Having a channel to directly acquire shares is of course the best thing.
At this point, Cao Siyun remained adamant about paying 40 million knives.
Furthermore, it was suggested that Lu Zhen should continue to use these shares to facilitate RSS's youth training in Europe.
Lu Zhen can agree to the additional requests.
But forty million dollars is too expensive.
NAVI's current market value is already significantly inflated.
Therefore, he felt that 30 million was a very reasonable price for this portion of the shares.
Negotiations cannot be resolved in a day or two.
The two failed to reach an agreement that day.
We've decided to continue the talks tomorrow.
But just ten minutes after Lu Zhen and his team said goodbye.
He dialed Cao Siyun's number and said, "Alright! Since President Lu has already spoken, let's go with thirty-five million dollars!"
Upon hearing this, Cao Siyun's expression froze.
He then said, "Huh?" (End of Chapter)
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