Please Do Your Debauchery After You Die - Chapter 291
Episode 291 Trust?
“Today’s agenda consists of two items. I’ll present the first one now. It’s about the company funds of 300 million Lena that we currently have! How can we use this most efficiently? I would like everyone to share their opinions freely.”
Swish-!
“Mayo has raised her hand first. Let’s hear Mayo’s opinion.”
Mayo, who raised her hand energetically as if she had been waiting, clenched her fist and spoke confidently.
“Let’s get a Blazerlight armor set made for Mayo. Then Mayo will lead everyone to victory in the next arena.”
“And if, by chance, we don’t win, do we have to reimburse the 300 million Lena invested in Mayo?”
“If Mayo wears the set armor and doesn’t win, it’s not Mayo’s fault but the incompetence of the team members. Team members should be the ones to reimburse the 300 million Lena, not Mayo.”
“…….”
As expected of a “League of Legends” female streamer, Mayo skillfully deflected blame.
I sighed briefly and turned away from Mayo.
“Next opinion, please.”
“Don’t ignore Mayo!”
“Ahem, then it’s my turn now.”
“Yes. Sup, please give us your good opinion.”
As the one with the longest broadcasting experience and age, Supniti might offer a decent opinion at this timing.
It seemed I wasn’t the only one thinking so; everyone was looking at her expectantly.
“I think if we are not aiming for victory in the arena, it would be better to see this as a long-term interest and lend out funds here and there. After all, the prize money for winning the arena is only 20 million Lena. In fact, the big money we earned this time is thanks to our successful betting, not the prize money.”
“Ah, that’s true. Now that I think about it, if we are not obsessed with honor, there’s really no need to be fixated on winning.”
“It would be much more profitable to succeed with betting instead.”
Everyone nodded in agreement with Supniti’s cool analysis.
Indeed, if the goal was not to win the arena every time, there was no need to excessively upgrade our specs.
It would actually be wise to invest moderately and lend the remaining funds to other companies for interest income.
“I think it would be good to focus on lending operations whenever arena content is opened. If everyone runs low on money while betting, I think many would be willing to borrow even at 5% interest out of desperation.”
“Oh! That’s a good idea.”
As Supniti opened the floodgates, good opinions began to flow from various places.
Lending operations in the arena.
That was truly a devilish idea.
Who could stop the gamblers blinded by dopamine?
They might mortgage their lives in Lena World for a shot at a comeback.
– I thought only Seoa was the devil, but dealing with innocent gambling addicts as a loan shark! 😭
– Every wave brings only rumors from BraCom. 😱
– This is the true creative economy!
“Alright, shall we proceed with a vote based on Supniti’s opinion? There’s no need for secret voting, so we’ll do a show of hands. Please raise your hands if you think it’s better to save money and use it for lending operations.”
Swish-!
Without further explanation, everyone except Mayo raised their hands.
Mayo still did not give up on her dream of the Blazerlight armor set.
It felt like watching a child rolling on the floor and throwing a tantrum in a large supermarket, begging for a toy.
“Shall we cut 150 million Lena off the top?”
“That ratio seems good to me.”
“Rather, let’s invest 100 million Lena in the mythic-grade equipment draw and use 200 million Lena for lending operations….”
Everyone confidently expressed their opinions in a very desirable meeting culture.
When meetings are held at MuYang Group or Owang Company, it’s often the case that low-tier virtual streamers aren’t given proper opportunities to speak.
“Then let’s challenge ourselves to draw mythic-grade equipment with 100 million Lena and decide how much more to invest or whether to leave it all afterward based on the results.”
“Yes, I agree.”
“Lucia, I’m looking forward to this time as well. Last time going for two draws was too much, so let’s aim for about five this time.”
While we weren’t fixated on winning, we still needed to avoid being eliminated in the first round, so spec upgrades with mythic-grade equipment were necessary.
Thus, our limit was to add two mythic-grade equipment pieces to the company.
Since Mayo was throwing such a fit, we decided to challenge the Blazerlight armor and pants first.
The armor and pants would have slightly better basic defense than the helmet and shoes.
So we decided to invest 100 million Lena, but if our synthesis luck was poor, we would have to reduce the capital for lending operations.
‘Still, we have lots of crops and ratatouille.’
From the reports from Na-roshi that came up daily, we ascertained that if sales increased to previous levels before our return, approximately 80 million Lena worth of ratatouille was stored.
It might take more time to sort it all at once just in case sensitive information leaked out, but it would undoubtedly provide significant help to our company’s financial condition.
“Then we will proceed with the mythic-grade equipment draw right after the meeting and move on to the second agenda.”
This agenda was quite unexpected for me as well.
Or perhaps it was something obvious that I had simply not paid attention to?
As I had explained once before, the income structure of a streamer is divided into several categories.
The most basic would be Candy sponsorship income.
Advertising income earned when viewers enter the broadcast or watch replay videos.
Moreover, the income from live commerce broadcasts, where products are promoted and sold during the broadcast based on contracts with companies.
There are a few more to mention, but the three above can be considered the most representative methods.
And this time, the agenda was specifically about ‘live commerce.’
“I actually completely forgot. It’s something that has nothing to do with Lucy before my return.”
Live commerce was a relatively common broadcast format on Pangea TV.
Especially, Buck Minam Park Bong-sik often hosted it, and his record of 540 million Lena in sales was the highest record for live commerce sales on Pangea TV.
“This time, a live commerce proposal came for our company, specifically targeting Kit Kat chocolates for Valentine’s Day. The conditions cannot be publicly disclosed. I will share them in the group chat now, so please confirm. And I want to emphasize once again, do not ever disclose the ‘pay’ during the broadcast.”
Live commerce companies had been actively approaching virtual streamers active in Lena World before my return.
In the present, our V-Live Company had also become one of the targets.
“Oh? But I’ve never dealt with this before, nor do I know what the conditions are like. Are these terms good?”
“I thought only famous streamers received live commerce contracts.”
The employees looked flabbergasted at the unexpected news.
Some were quite excited.
But unfortunately, this was a rejection.
I did not mention anything about live commerce in the group chat for no reason which was different from the first agenda.
In fact, there had been a lot of negative rumors regarding live commerce among virtual streamers prior to my return.
“What could be the reason for suddenly contacting low-tier virtual streamers in the first place?”
The companies were not fools.
Low-tier virtual streamers conducting live commerce would hardly yield effective results.
However, if those low-tier virtual streamers belonged to a large ‘company,’ the story would change significantly.
“It was the same before my return. Large-tier streamers cost a lot to contract. They were deliberately targeting low-tier virtual streamers to get a cheap deal.”
Moreover, they were not aiming at just anyone.
The target of the companies was precisely those associated with large companies in Lena World.
Virtual streamers belonging to MuYang Group, Owang Company, and Akatsuki were the targets.
In the present, V-Live Company was also included.
“If the streamers belonging to the company do live commerce, the company’s fandom would buy to some extent. That’s a very sly strategy.”
Figures like Buck Minam Park Bong-sik or Wangko, the heads of large companies, are too expensive to even contemplate contracting.
However, low-tier virtual streamers could expect high returns at a very low cost.
This is the crux of the strategy established by commerce companies.
Before my return, many virtual streamers often signed contracts at very low rates without realizing the companies’ devious intentions.
“We can’t be in such a situation either. It would be several times more profitable to receive Candy sponsorships with the money that viewers would spend on purchasing chocolates from commerce.”
As someone who returned, I knew there was a clear problem with this proposal from the companies.
However, I couldn’t use my knowledge from my return as a reason for rejection.
That’s why I invited Mr. Young-jun to this meeting.
Partner streamer, with 14 years of broadcasting experience this year.
With Mr. Young-jun’s evaluation, everyone would likely trust it.
“Hi hi. There are so many pretty people gathered here.”
“…….”
Can I really trust this person?