After divorce, I can hear the voice of the future
Chapter 178 The New King is about to be born
Chapter 178 The New King is about to be born
"Old Yang, what do you think of my vision?"
"Very strong, very awesome, very powerful!"
After drinking a few bottles of beer, Yang Zhenyuan completely relaxed, showing admiration and giving a thumbs up.
Anyone, including him, can question Lu Liang's character, but no one can question his vision.
Yang Zhenyuan is a talented person, and Lu Liang doesn't want him to fall. He said earnestly: "Don't be too repulsive to ByteDance. The concept of Douyin plus the technology of ByteDance is definitely not one plus one. It may be one times ten, or one times one hundred."
"You may not believe what I say, but one thing is absolutely true: both Zhang Yiming and I hope you can continue to stay on Douyin."
"Perhaps in less than two years, at most one year, or even half a year, you will definitely be glad for the choice you made today."
Yang Zhenyuan was silent for a long time, took out another bottle of beer from the ice bucket and drank most of it: "I will try my best to convince myself."
Lu Liang smiled and said no more. He patted Yang Zhenyuan on the shoulder and said, "Zhang Yiming will bring people here tomorrow at noon. You should have a good rest tonight."
He wrapped himself in a bathrobe, walked out of the business pool, went outside to mingle with the employees of Tik Tok, and even joined their card game.
"Are you short of one? Count me in. Don't make it too big. Ten or twenty dollars will be enough." Lu Liang joined the mahjong table with a smile on his face.
When Yang Zhenyuan saw this scene, he could only force a smile. He actually had no choice but to believe Lu Liang.
They played until late at night. Although the maximum spending per person was 46 yuan, in the end the bill showed that the 25 people only spent less than yuan. Excluding Lu Liang's spending, the average spending per person was less than yuan.
The next day at noon, Lu Liang and Zhang Yiming came to Douyin.
Zhang Yiming looked at the office area with nostalgia in his eyes: "It was the same when ByteDance was just founded. I still remember that time, I ate instant noodles for more than three months."
Lu Liang glanced at it and joked with a smile: "ByteDance is not Mr. Zhang's fifth entrepreneurial project. Why were the conditions so difficult back then?"
Zhang Yiming was suddenly speechless and smacked his lips, not knowing how to respond. He just wanted to express the hardships of starting a business.
When the two entered the company, the meeting between the new and old bosses was extremely awkward. Not only Yang Zhenyuan had this feeling, many former ByteDance and current Douyin employees felt even more so.
They were all confused, not knowing why Zhang Yiming suddenly came here, walked with Lu Liang, and was warmly received by Yang Zhenyuan.
"Mr. Lu, Mr. Zhang, please come this way." Yang Zhenyuan pretended to be calm, but he was the most embarrassed person.
More than seven months after resigning from ByteDance and working around outside, Zhang Yiming became his boss again.
"Zhenyuan, don't be so reserved. This is how business works. It's a lot of separations and reunions, and it's not your fault."
Zhang Yiming smiled and suddenly looked at Lu Liang. It was obvious who was to blame.
Lu Liang smiled and didn't take it seriously. He played with his lighter in his hand, waiting for Shen Peng and Zhu Hu to arrive.
This cooperation is the merger of Xigua and Douyin, and Xigua is a wholly-owned subsidiary of ByteDance.
For Xigua, as long as Zhang Yiming comes, it will be enough, but for Douyin, there is Yang Zhenyuan, Tianxing, Sequoia, and Jinshajiang, so we need to wait for others to come together.
Not long after, Shen Peng and Zhu Hu hurried over and brought with them an evaluation report on the two companies from a third-party agency.
Douyin is valued at US$9000 million, and Xigua is valued at US$2 million. The size of Xigua is 2.22 times that of Douyin.
After the merger into Xigua and Douyin, Xigua held 69% of the shares of the new company and Douyin held 31% of the shares.
Douyin's 31% stake was redistributed as follows: Yang Zhenyuan holds 36%, Tianxing holds 34%, Jinshajiang holds 16%, and Sequoia holds 14%.
In the end, Yang Zhenyuan held 11.16% of the new company, Tianxing held 10.54%, Jinshajiang held 4.96%, and Sequoia held 4.34%.
"Now we've finally shaken hands and made peace, and everyone is happy." Zhu Hu smiled and applauded.
The merger of Douyin and Xigua is definitely more than the sum of its parts, with a guaranteed valuation of US$3.5 million.
Jinshajiang made two investments totaling US$432 million and obtained equity valued at US$1736 million.
Quadruple profit, compared with Lu Liang’s past performance, may not be worth mentioning, but it is better than nothing.
Yang Zhenyuan had a forced smile on his face. He invested 300 million seven months ago and now it has turned into 3906 million US dollars.
It has increased 83 times, with technology supported by ByteDance and funding supported by Tianxing, Sequoia and Jinshajiang.
This is definitely a company with a bright future, and he could only comfort himself in this way.
After the redistribution of equity was completed, Zhang Yiming exercised his right of absolute control for the first time and convened a shareholders' meeting.
The company will take over Douyin’s technical department in full, and the original Douyin employees will only be responsible for daily maintenance and operations.
When there were no major decisions to be implemented, they retained independence as much as possible and gave Yang Zhenyuan great trust.
Zhang Yiming didn't know how Lu Liang convinced Yang Zhenyuan, but since Yang Zhenyuan agreed, he would be responsible for it from now on.
Yang Zhenyuan was shocked. Thinking about what Lu Liang said last night, it seemed that he did not lie to him. He just didn't know whether it was a strategy to appease him.
After the meeting, Lu Liang found Zhang Yiming for a private chat: "Mr. Zhang, I am optimistic about Douyin, and I hope ByteDance can pay more attention to it in the future."
"Don't worry, Mr. Lu. I feel the same way."
Zhang Yiming looked serious. ByteDance holds 69% of the shares of Xigua and Douyin, which has reached the level of absolute control.
In his opinion, Yang Zhenyuan just went out for a walk and brought him a very good product and investor.
He will not treat Yang Zhenyuan and Douyin with prejudice.
Including after finishing the conversation with Lu Liang, Zhang Yiming had a private chat with Yang Zhenyuan and made the same assurance.
A few days later, Douyin updated its version, optimizing its algorithm and connecting to Xigua’s backend. As soon as the news came out, the entire Internet was in an uproar.
"Isn't this too fast?"
“Did TikTok merge with Xigua?”
“Douyin is the main one, and Xigua is the auxiliary one?”
"Is Zhang Yiming crazy?"
Netizens are talking about this issue, and those who are most worried are the video creators who have devoted themselves to self-media.
The fighting among the heroes lasted for less than a month, and suddenly it turned into a three-way confrontation.
They are worried that countless past events have proven that the more chaotic the situation is, the more beneficial it is for the relevant practitioners.
For example, during the war between thousands of groups back then, one-yuan lunches were everywhere, and during the war between online ride-hailing services, it was not uncommon to take a taxi for one yuan.
Now, Meituan almost dominates the food delivery market, and Didi almost dominates the online car-hailing market, and the average customer price has been raised.
There is also the current fierce battle among shared bicycles.
Some people withdrew from the market due to the heavy burden, while others quietly raised the price from one yuan per hour of riding to one yuan per 30 minutes.
Those good days are gone forever.
Xigua and Douyin came out to issue a joint statement, saying that it was just a normal business cooperation and the two creative incentive projects did not interfere with each other.
Luo Yonghao, the founder of Smartisan Technology, was full of resentment and updated his Weibo status: [Lu Liang, are you playing with Smartisan? ]
The situation of Hammer smartphones was already difficult, and they wanted to make a comeback by launching the M6 smartphone, a high-end imitation of the Apple 1s.
As a result, the sudden arrival of the self-media era initiated by Lu Liang disrupted all their plans.
Small businesses already have poor risk resistance, which makes the situation even worse for already poor families.
It would be fine if it harms others to benefit oneself, because that's how business works, but the key is that harming others doesn't benefit oneself much.
It caused such a big fuss, but it ended up with a merger. It seems that Zhang Yiming's interests were maximized.
Lao Luo was extremely angry.
Once the news was released, it quickly became a hot topic, after all, he was the first entrepreneur to publicly criticize Lu Liang.
Before Lu Liang responded, Xiao Wang stood up and spoke for him: "It's more than just hammers. Squinting smile.JPG"
"It's none of your business. Without your father, who are you?"
Lao Luo was in a very bad mood and suddenly opened fire at full force.
Lu Liang only dared to complain, but Xiao Wang didn't care. The first generation of entrepreneurs could absolutely crush the second generation of rich people.
After all, some time ago, Xiao Wang teased Lei Jun for his poor English and brought shame to the country, and he hurriedly apologized and explained that night.
In the eyes of the first generation, Xiao Wang is really just a jerk.
The war of words is gradually escalating and is showing signs of spreading across the entire Internet.
Over the past year or so, Lu Liang had offended quite a few people, but due to his strength and prestige, they dared not say a word.
Since Wang Xiaocong dared to be the first to speak out, and they didn't dare to criticize Lu Liang, would they not dare to criticize Xiao Wang?
For a time, Xiao Wang was besieged by a group of entrepreneurs, and netizens were also happy to hear the news and watched the show.
Just as the situation was escalating, a picture circulated online, like a flood, instantly extinguishing the fire.
In the user stickiness rankings for the past 24 hours, Douyin topped the list with an average daily active time of 128 minutes.
If there are 100,000 daily active users, then the average viewing time of 100,000 people is more than two hours.
This is an extremely outrageous set of data, especially according to insiders, the usage of Tik Tok last week was only 62 minutes.
To judge whether an app is successful, in addition to the number of daily active users, user stickiness is also a key indicator.
The higher the stickiness, the more advertising fees can be collected. After the version update, the advertising fees of Douyin have doubled.
For a moment, the entire Internet fell into deathly silence.
Lao Luo remained silent and lost interest in competing with Xiao Wang. This was obviously not a one plus one arithmetic problem.
It's just one day.
The changes are so great.
"I apologize, that's fucking awesome."
Lao Luo went offline after updating his status.
He was too narrow-minded, and Lu Liang's vision was still as sharp as ever.
The combination of Tik Tok’s concept and ByteDance’s technology is simply a king bomb. Kuaishou is in danger and a new king is about to be born.
The updates have been a bit shady recently, there is only one chapter tonight, and I will make some minor adjustments.
(End of this chapter)
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