Investor That Can See The Future

Chapter 342

It is not uncommon for governments to step down on regulatory issues.

In particular, the sacking of US Secretary of State Shenzhen was a shock. This is because the president is known for his strong trust and is a key figure in the current government’s gender equality policy.

Therefore, when she was sacked, her parents’ groups and women’s groups criticized the government for succumbing to the game industry cartel.

Yeon Na-kyung, leader of the Liberty Korea Party, raised her voice in the National Assembly.

“This is a measure that the government has taken a look at the giant corporations and abandoned the responsibility of protecting youth and women! Is the president a senior deputy spokesperson for OTK Company and the game industry?”

The ruling party strongly protested this remark, and the National Assembly, which was held in a short time, went into lameness.

Rep. Shin, who was sacked from her ministerial position and returned to parliament, attended a meeting with female executives scheduled.

On the spot, she criticized the government.

“I became a proportional representative because I was a woman, and because I was a woman, I could be a minister. I know how important this is because I am a woman who has been greatly benefited. I was able to come this far because I am a woman. But for the current government, which emphasizes gender equality, to exclude women from high-ranking positions in this way, it is a wrong thing that goes against the flow of the times.”

Then a female executive spoke up. She was an executive at Golden Gate’s Korean branch.

“I don’t quite understand what you are saying. Since a man will not take the position of Minister of Leisure, in the end, another woman will take the place. So, does it have nothing to do with your sacking from the ministerial position and the government’s exclusion of women from high-ranking positions?”

At the words that stabbed her in the right direction, Sen. Shin was bewildered.

“Ah, after all, women should be given more opportunities. In support of start-ups, additional points for women should be increased, and preferential measures for women entrepreneurs should be further expanded. Currently, support for women’s start-up under the Women’s Business Support Act, preferential purchase of women’s business products from public institutions, and preferential treatment for women’s business support are insufficient. Were not the women here able to rise to executive positions thanks to these supports and benefits?”

Then she gently shook her head.

“no. I have come to this place only with my own ability and effort. Up to this position, she competed fiercely with the people around her regardless of gender, and she never received any benefits just because she was a woman. To say that she was able to become an executive because she was a woman, I think it undermines the abilities of all high-ranking women.”

The other female executives in attendance nodded her head in unison as if sympathizing.

But Sen. Shin continued to work with women’s groups to argue that a 50-percent quota of female executives in private companies should be enforced, which she helped slash approval ratings for the new political party.

* * *

After the government’s announcement, most game companies withdrew their overseas relocation plans, but some companies decided to leave Korea as planned.

There were a total of four places where they expressed their intentions. Among them, Roansoft, one of the top five game companies, was included.

Not only dissatisfaction with the regulations, but other reasons also played a role.

Jun-baek Yoon, president of Roansoft, said.

“After meeting and talking with the vice president of OTK Company and the president of OTK Games Ichikawa, I felt that my instinct as a gambler that I had forgotten about was awakening. It is every developer’s dream to create a virtual reality game that people around the world can enjoy. We want to be involved in development together.”

According to Taek-gyu, most of the managers of Korean game companies are developers, and there are many cases where they like the game itself.

Is it the desire of all developers to develop fun games?

Despite the opposition of the Ministry of Culture, Sports and Tourism and constituency lawmakers, they decided to move their headquarters to Detroit and held a general meeting of shareholders as scheduled.

[Loansoft decided to relocate its headquarters to Detroit!][Passed the corporate separation plan at the general meeting of shareholders][The dark future of the Korean wave of games… … ][Government responsibility cannot be avoided!]

They directly employ 10,000 people.

Not all of these personnel will be fired or relocated to the United States right away, but the government can’t help but be embarrassed.

The government and the Ministry of Recreation were again criticized, and Vice Minister Cha Yun-hye worked hard to fix it.

CEO Yeon Na-kyung raised her voice again.

“Companies are fleeing overseas due to incompetent economic policies that only call for regulation! The evil on the left must end now!”

-What the hell are you saying?

– Didn’t you say that you were on the side of the game industry until yesterday?

– It was the Liberal National Party that originally proposed the addiction treatment law. As well as making a shutdown system.

– lol

-But you’re right, the companies that pack up and leave now are wise.

-I bet, as the election season approaches, fans will knock on the game company again to beg for votes from parents.

-You can tell just by looking at Shinjeonmi who is still restless and drags aggro.

– Could it be an X-Woman dispatched by the Liberal National Party?

– Just go to America. As President Ronald said, America does not have a leisure department.

* * *

It was a pity that he was leaving, and the government and the media suddenly cried out for the importance of the game industry.

That games are the number one exporter of cultural contents, that the Korean game game is a filial piety, and that the trade deficit in intellectual property rights has been minimized.

The government held a meeting for the development of the game industry, and the media sent out articles showing games every day.

It is unbelievable to be treated like alcohol, gambling and drugs until a few days ago.

Surprisingly, Taek-gyu Oh did all this!

“It’s good to know how important the game is to this industry.”

But Taehyung shook his head.

“How long do you think this atmosphere will last? After all, if an incident occurs, the government or the media will likely blame it on the game again. Murder, bullying, school violence, shooting, etc. It’s all because of the game. Did we get hit once or twice?”

Anyway, now that the atmosphere is friendly, the game industry is fighting a tug-of-war with the government and trying to win concessions as much as possible.

As for game companies that are sneakily trying to step out of self-regulation, Taek-gyu nailed it, saying that no matter what, it must be pursued with certainty.

In this situation, Lost Fantasy Online ended its open beta service and officially launched it in Korea and Japan at the same time.

From now on, you have to pay a certain amount every month to enjoy the game, but in Korea alone, it hit a jackpot with 200,000 paid subscribers on the first day.

Games are more distinct than any other content.

If it fails, the publishing cost is blown for nothing, and if it succeeds, the entire production cost can be pulled out within a few months.

At this rate, it will be more than enough to recoup the production costs within this year.

As Lost Fantasy Online surpassed expectations, the VRMMORPG development plan became easier. As a part of the development cost can be financed by itself, the burden on investment has also been reduced.

Thanks to this success, Shigeru Ichikawa’s reputation has grown even more

But that did not mean there was no crisis. The star developer who created the Lost Fantasy series, and a person who made games that reached the limit of technology every time, made the public enthusiastic, but after the merger of Linix and Pentagon, it suffered a slump for a long time, and eventually even developed due to disagreements with the management. stopped

It was even said that the Lost Fantasy series was over, but after leaving Linix Pentagon and setting up OTK Games, he proved his competence by making consecutive invitations on mobile and online.

People praised him as “the resurrection of the game emperor,” and paid attention to his next move.

OTK Games separated its Japanese subsidiary. After all, most of the shares were owned by OTK Company, and the rest was held by Shigeru Ichikawa and the development team, so there was no need to open a separate main gun.

He then proceeded to relocate the headquarters to Detroit. This matter was being discussed with the city. The city council began reviewing tax benefits and site provision.

The development of VRMMORPG Serana is the biggest mega project in the history of gaming.

Some experts still had doubts about its feasibility, and it was expected that there would be numerous technical difficulties. However, Shigeru Ichikawa will surely overcome those difficulties and create a game.

If successful, how much added value will it create?

Who would have imagined that banks, shopping malls, bookstores, etc. would appear on the Internet? Once a virtual reality game becomes a reality, there is no law that prevents such things from being made in the game.

In a way, it’s more than just a game, it’s about creating a world.

$10 billion in development cost alone!

This is the largest development cost in game history. We are making a game that has never existed before, so we don’t know how much more can actually go into it.

The world’s attention was focused, and investors showed great interest.

There are three reasons for this. The first is that various technical foundations such as VR technology, artificial intelligence, machine learning, data processing, etc. have been prepared. Second, Shigeru Ichikawa’s development capabilities are excellent, and finally, OTK Company decided to invest the development cost.

OTK Company has achieved tremendous success in all of its investments so far, and has never failed once.

Even in a seemingly impossible business, if Warren Boat invested in it, the chances of success would suddenly seem high. In this case, the investor’s reputation is certainly helpful.

He expressed his desire to invest from various places.

Even if it is 10 billion dollars, OTK Company will be able to pay the development cost somehow if it makes up its mind. However, as you can see from this situation, games are heavily influenced by government regulations. Therefore, it is necessary to establish a cooperative relationship by involving local companies or investment institutions.

Witchant publishing manager flew from China, and RCK Bros, Asia’s largest private equity fund, also showed interest. Nicholas Carlsen, head of operations at Norwegian Sovereign Wealth Fund (GPFG), visited Korea in person.

Norway is sparing no investment in IT and game industries. This is because it has little to do with oil and is a high value-added industry.

However, there was an unexpected person accompanying him. She is about 160 cm tall and has a cute appearance. A woman in her early 20s with an impressive freckle remaining on the back of her nose.

She was Princess Anneke of Norway. This is her first time coming to Korea.(Read more @ wuxiax.com)

The two came to the OTK Company headquarters right after getting off the airport. It’s even more nice to see people I’ve seen in Norway again in Korea.

Hyunjoo noona and Ellie also exchanged greetings.

Princess Anneke was delighted to see Ellie.

“I heard a lot. I also saw advertisements. In fact, you look more beautiful.”

Ellie smiled.

“Thank you.”

I asked gently.

“Any advertisement… … Oh!”

Ellie pinched my side hard, and I quickly bit her mouth.

Princess Anneke spoke with a lively expression and voice.

“Congratulations on your Lost Fantasy Online success. I do it every now and then, and it’s so much fun. I think Shigeru Ichikawa is great.”

Taegyu said.

“Norway doesn’t serve it yet.”