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78: Section 78
Watching the familiar figure before him, Double Ma's expression instantly froze on his face.
Chapter 70: Taobao's Demise, The Next Software Direction! (Requesting Subscriptions!)
"Gentlemen."
"Long time no see."
After walking out of the room, Wang Mo greeted the two with a smile.
And looking at Wang Mo, who appeared from the room.
Double Ma's expression was incredibly grim at this moment.
They never expected.
This software, which Wu Jin was willing to endorse unconditionally, was actually Pinduoduo!
After seeing Wang Mo appear.
Wu Jin also smiled, preparing to introduce Wang Mo to Double Ma.
"Let me introduce you two."
"This is Wang Mo, the Chairman of Junzi Group."
"I have already signed an exclusive endorsement contract with his Pinduoduo."
As Wu Jin was about to continue, Wang Mo waved his hand, interrupting him.
"No need for introductions."
"We already know each other."
With that said.
Wang Mo sat down opposite Double Ma.
And at this moment, Double Ma's face was as grim as it could be.
"It's actually you."
Xiao Ma murmured.
"Why can't it be me?" Wang Mo smiled.
While Lao Ma sighed deeply.
"I should have thought of it earlier."
"Since we set our sights on Wu Jin, you certainly wouldn't miss this opportunity either."
"But I still don't understand."
Lao Ma looked at Wu Jin and Wang Mo.
"Mr. Wu, why are you willing to endorse Wang Mo's Pinduoduo under almost gratuitous terms?"
"Neither in terms of company scale nor endorsement fees."
"Pinduoduo simply cannot compare to Taobao."
Lao Ma's mind was filled with questions; he truly couldn't understand Wu Jin's reason for choosing Wang Mo.
After Wu Jin smiled, he slowly began to speak with a serious expression.
"This is because."
"At that critical juncture, when I was filming wolf warrior 2 and no one was willing to invest, and I was preparing to sell my house."
"Mr. Wang Mo was willing to invest in wolf warrior 2 unconditionally."
"And Mr. Wang Mo didn't even make me sign a gambling agreement; he directly transferred the funds to me."
In film investment, gambling agreements are quite common.
If the film's box office does not reach a certain amount specified in the gambling agreement, the production company will compensate the investor with a certain amount of funds to reduce the investor's losses.
Such a gambling agreement, which is incredibly favorable to investors, is almost 100% present in all commercial film investments.
But when Wang Mo invested in wolf warrior 2, he did not make Wu Jin sign any gambling agreement.
That's why Wu Jin was so grateful to Wang Mo.
It's important to know that the word 'trust' is one of the words that can bring the most warmth to others.
Many investors looked down on wolf warrior 2 and were unwilling to invest, but Wang Mo directly made a large investment without any gambling agreement.
This comparison made Wu Jin extremely grateful to Wang Mo.
Therefore.
Not long after wolf warrior 2 became a hit, when Wang Mo came knocking.
Without any hesitation, Wu Jin directly agreed to Wang Mo's endorsement request.
And initially, Wu Jin didn't even want an endorsement fee, and the two sides haggled for a long time.
Ultimately, Wu Jin set a maximum limit of ten million, saying he wouldn't endorse if it was higher, and only then did Wang Mo agree.
Wang Mo's favor to Wu Jin.
Indeed, it cannot be simply measured by money.
And Wu Jin himself is a person who values loyalty greatly.
After listening to Wu Jin's explanation.
Lao Ma couldn't help but sigh deeply.
When Wu Jin mentioned that wolf warrior 2 was invested by Wang Mo, he already understood that Taobao simply couldn't compete with Pinduoduo.
"So that's how it is."
"I didn't expect CEO Wang to have such great expertise in film investment."
Xiao Ma, after hearing Wu Jin's words, also spoke slowly.
The kindness of helping someone when they are at their lowest point is indeed something they cannot compare to.
This also explains.
Why Wu Jin would rather give up two hundred million in endorsement fees to endorse Pinduoduo.
"However."
Xiao Ma continued.
"If I'm not mistaken."
"About a year ago, when wolf warrior 2 was seeking investment, CEO Wang's Douyin should have only been launched not long ago, right?"
"Where did the funds to invest in wolf warrior 2 come from?"
Facing Xiao Ma's question, Wang Mo smiled.
"Although Douyin had indeed only been launched not long ago, at that time, Douyin had already launched its advertising business."
"Through the advertising business, Douyin earned its first pot of gold."
"And for the investment in wolf warrior 2, I used that first pot of gold."
"After that investment was used up, Douyin's funds were basically almost depleted."
After Wang Mo finished speaking, Xiao Ma was also a little surprised.
He hadn't expected Wang Mo to dare to gamble like that.
It's important to know.
Every penny of a startup company's early-stage funds is extremely precious.
But Wang Mo still chose to use such a sum of money to invest in wolf warrior 2.
This choice was indeed quite bold.
So Xiao Ma continued to speak.
"Then I somewhat admire CEO Wang."
"To be able to so keenly discover the potential of wolf warrior 2 and invest without hesitation."
"That kind of perseverance isn't something everyone possesses."
Listening to Xiao Ma's words, Wang Mo smiled.
"Actually, for this matter."
Wang Mo looked at Li Wenqiu behind Xiao Ma.
"I have to thank CEO Li."
Upon hearing this, Xiao Ma was stunned for a moment.
He subconsciously asked.
"Why?"