October 20th, Thursday morning.
Dream Fulfillment Investment.
“So many companies are seeking investment?”
“Is it because Old Ma came?”
“That can’t be right, his Weibo still only has a few tens of thousands of followers, doesn’t it?”
Pei Qian looked at the list of companies in his hand, his face full of disbelief.
Since the beginning of the month, He Desheng had been reporting intermittently that many companies had approached Dream Fulfillment Investment hoping for cooperation.
Among them were some small companies purely seeking investment, but also some large companies hoping for strategic partnerships.
At first, Pei Qian didn’t pay much attention and just had He Desheng temporarily put them off, telling these companies that Dream Fulfillment’s investment process had procedures and asking them to wait patiently for some time.
Now with more than half of October gone, it wouldn’t be appropriate to delay further—he had to deal with it.
But when he looked at the list of companies seeking investment today, he discovered there were already more than a dozen companies of various sizes, and this wasn’t even all of them.
He Desheng shook his head: “It probably has nothing to do with Mr. Ma. Most likely it’s because of that CCTV financial program earlier.”
Pei Qian suddenly understood.
In that previous program, Professor Bai had analyzed Tenda’s business model and then said two fatal sentences: “Other companies might not be able to learn from Tenda’s business model, but they can cooperate with Tenda more!”
“Considering Mr. Pei’s risk awareness and Tenda’s risk resistance capabilities, Tenda Group will be a great partner!”
Professor Bai was an economics heavyweight. If he said Tenda’s model was stable and healthy and would make a good partner, what else was there to doubt?
So all these companies came running to seek cooperation!
Pei Qian sighed softly. Truly, the tree desires stillness, but the wind will not cease.
Was it so difficult for Tenda to keep a low profile?
Flipping through the brief introductory materials of these companies, Pei Qian was thoroughly confused.
He couldn’t understand them.
These materials contained both truths and falsehoods, making it difficult to discern. Even if everything were true, there would still be exaggerations. Trying to use these materials to judge which would lose money and which would make money was beyond Mr. Pei’s capabilities.
Would choosing those particularly outrageous companies guarantee losses?
Pei Qian had already suffered many setbacks with the shared phone booths and the automatic contrarian machine, so he really didn’t have the confidence anymore.
What about judging by company size?
Large companies that had developed successfully had a small probability of losing money to begin with. If they cooperated with Tenda and gained higher visibility, that probability would be even smaller.
Small companies had a greater chance of failure, but once they started making money, the returns would be more substantial than with large companies…
Even if investments in ten small companies failed, a successful investment in one small company could earn it all back.
It was difficult!
Pei Qian realized that Dream Fulfillment Investment had become something of a hot potato. Mainly because every investment so far had been successful, leading to a tendency toward over-mystification. Combined with the publicity from that TV program, too many companies were seeking investment, making it hard to distinguish which were reliable and which weren’t.
Abandon Dream Fulfillment Investment?
That wouldn’t work. If he left everything to He Desheng, wouldn’t that be handing an already soaring department over to a professional? The consequences would be even more unimaginable!
Pei Qian pondered, needing to find a solution.
Since the projects he chose would make money, and those handed to He Desheng would likely make money too, he needed to find a way to minimize the possibility of profit to a minimum.
Just like those physical industry businesses and the “Path to Poverty” plan.
In a situation where profit was almost certain, by distributing and diluting the probability, having department heads spend all the money according to rules, the less profit the better.
“Mr. Pei, please take a look at this list. Which companies should we cooperate with specifically?” He asked Desheng tentatively.
Pei Qian flipped through casually and pushed the materials aside.
“No need to look.”
“Here’s what we’ll do. Today, I’ll establish the investment policy, and from now on, Dream Fulfillment Investment’s business will follow this established policy under your management.”
He Desheng’s eyes immediately lit up.
Investment policy?
Could it be that Dream Fulfillment Investment was finally entering its next phase?
When Dream Fulfillment Investment was first established, apart from Mr. Ma’s initial investment, nearly all other investments were approved by Mr. Pei.
Of course, Mr. Ma’s investment also seemed to have some mysterious connection with Mr. Pei.
As an investment genius, Mr. Pei’s involvement indeed ensured that Dream Fulfillment Investment’s projects had a 100% success rate.
But this model was unsustainable.
Mr. Pei was busy with work, needing to consider the development direction of the entire Tenda Group, devise new business models for new industries, and even find time to design games.
Most people would already be overwhelmed just handling one of these responsibilities, yet Mr. Pei managed to balance them all, which was truly amazing.
But having Mr. Pei personally select investment projects was too inefficient.
Now that Dream Fulfillment Investment’s operations were gradually getting on track, Mr. Pei could naturally let go.
As for what specific investment policy to adopt?
He Desheng was very eager to know.
Most major domestic companies had investment businesses. Investment wasn’t just for returns but also for expanding the company’s business and building a richer ecosystem.
Currently, the investment models of large domestic companies could be divided into three types:
Federal Allies Model: Providing money and resources, offering some guidance, but not seeking absolute control.
Great Qin Empire Model: Highly unified thinking, pursuing absolute control.
Guan-Ning Iron Cavalry Model: Finding companies and teams with strong combat capabilities for high-price acquisitions, deploying them after ideological training; these departments were more like mercenaries.
Each model had its advantages and disadvantages, but in He Desheng’s view, the Federal Allies Model was the most successful.
The Great Qin Empire Model sought absolute control over invested companies, but often resulted in situations where laypeople directed experts, ruining originally good projects.
The Federal Allies Model, not seeking absolute control, formed a mutually beneficial symbiotic relationship with partners, achieving win-win outcomes.
What kind of investment model would Mr. Pei establish for Dream Fulfillment Investment?
Pei Qian coughed lightly twice: “Here’s the plan. All companies requesting investment will be arranged in order of arrival, first come, first served.”
“We’ll only do the most basic screening. These companies must be law-abiding and operate with integrity; beyond that, we won’t interfere.”
“Additionally, I don’t care how much salary the company’s boss pays himself, but the money we invest must be guaranteed to go into company operations, not the boss’s consumption.”
Pei Qian didn’t want Tenda’s money to be used by these garbage companies for bad things. This was a basic bottom-line issue.
Similarly, Pei Qian couldn’t accept these company bosses using Tenda’s money for lavish living.
Mr. Pei worked hard for months to earn this much; if these company bosses took Tenda’s investment and found ways to spend it on themselves, Mr. Pei would be devastated.
Of course, most investment companies generally had similar requirements when investing, though Pei Qian’s requirements were stricter.
In other aspects, Pei Qian wouldn’t interfere at all.
As long as these companies operated with integrity, regardless of how outrageous or unsuccessful their business models were, Pei Qian wouldn’t intervene.
Pei Qian continued: “Invest according to each company’s scale, but the first investment shouldn’t be too large.”
“Give in order of arrival, with those behind waiting in line.”
“If a company becomes profitable, we immediately divest and sell.”
“After selling, if we’ve made money, immediately invest it in companies further back in the queue.”
“If there’s no profit, we continue to add investment. Sell if profitable, continue adding investment if not profitable.”
“In short, ensure the company doesn’t have too much idle money on its books. If all the money is lost and none remains, immediately come to me, and I’ll consider providing more money.”
For investments, the system’s regulations were relatively lenient.
Since Pei Qian had little control over when investment projects would produce products, the system wouldn’t mandate that invested companies had to have output, but would have certain limits on the amount of system funds used for investment.
In other words, Dream Fulfillment Investment could freely reinvest the money it earned, and the system wouldn’t interfere, but if Tenda Group’s money was used for investment, it wouldn’t be unlimited.
Pei Qian wasn’t that idealistic. For Dream Fulfillment Investment, as long as it didn’t make money, that was fine. If it could consume some system funds, that would be even better.
“That’s about it. Any questions?” Pei Qian looked at the dumbfounded He Desheng.
He Desheng blinked in confusion.
Any questions?
There were many questions!
Others had the Federal Allies Model, the Great Qin Empire Model, and the Guan-Ning Iron Cavalry Model, each sounding incredibly impressive.
But ours is…
The “Money to Burn” Model?
These companies had a much higher probability of failure than success!
But what did Mr. Pei’s model mean? As soon as a company showed any signs of profit, we would stop investing, but if a company continued to lose money, we would keep investing.
This couldn’t possibly make money, could it?
Moreover, the most basic principle for investment companies was to screen projects, filtering out unreliable companies and only investing in reliable ones.
Even with this approach, many investment companies still lost their shirts.
Now, without screening, what kind of miscellaneous companies would we end up investing in?
Although Mr. Pei had certain requirements, these were only the most basic oversight.
Even if these companies didn’t deliberately do bad things or misappropriate the funds, there were still many ways to make the money disappear.
He Desheng was silent for a moment: “Mr. Pei, are there no other screening criteria?”
“Even if it’s first come, first served… shouldn’t there be some priority?”
Pei Qian shook his head: “No priority. Strictly invest in order of arrival.”
“You must adhere to this policy, without any thoughts of your own. Just do what needs to be done.”
He Desheng still had many questions, but seeing Mr. Pei’s determination, he didn’t ask further.
After all, Mr. Pei was an investment genius, and a policy established by an investment genius couldn’t be wrong.
“Alright, Mr. Pei, I’ll arrange it according to this.”
Pei Qian nodded with satisfaction.
Good, the work of Dream Fulfillment Investment had also been arranged!
As long as they adhered to this investment approach, it would be impossible to make money.
Even if they did make money, it would be a long time in the future.
Even if they made a little in the short term, they would quickly withdraw and invest in other projects, ensuring Dream Fulfillment Investment had no idle money.
Perfect!
