Chapter 178 The new king is about to be born
“Old Yang, what do you think of my vision?”
“Strong, awesome, awesome!”
After a few bottles of beer, Yang Zhenyuan completely let go, showing admiration and giving a thumbs up.
Anyone, including him, can question Lu Liang's character, but they will not question his vision.
Yang Zhenyuan is a talent, and Lu Liang doesn’t want him to fall into this trap. He said sincerely: “Don’t be too repelled by Byte. The concept of Douyin plus Byte’s technology is definitely not one plus one. It may be one multiplied by ten, or it may be one multiplied by one.” One hundred.”
“You may not believe my words, but one sentence is absolutely true. Both I and Zhang Yiming hope that you can continue to stay on Douyin.”
“ Maybe in less than two years, at most a year, or even half a year, you will definitely be glad for this choice today."
Yang Zhenyuan was silent for a long time, took out another bottle of beer from the ice bucket, and drank most of the bottle: "I will. Try to convince myself."
Lu Liang smiled, said no more, and patted Yang Zhenyuan on the shoulder: "Zhang Yiming will bring someone over at noon tomorrow, so you can have a good rest tonight."
He wrapped himself in a bathrobe, walked out of the big business pool, and went outside to mingle with Douyin employees, and even participated in their card games.
"Three are missing one? Count me in, don't play too big, ten yuan and twenty is enough." Lu Liang smiled broadly and joined the mahjong table.
When Yang Zhenyuan saw this scene, he could only force a smile. In fact, he had no choice but to believe in Lu Liang.
We played until late at night. Although the upper limit was 10,000 per person, in the final check, 46 people only spent less than 250,000. Excluding Lu Liang’s consumption, the average was less than 5,000 per person.
At noon the next day, 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 Byte was first established. I still remember that at that time, I ate instant noodles for more than three months."
Lu Liang glanced at it, He smiled and joked: "ByteDance is not Mr. Zhang's fifth entrepreneurial project. Why, the conditions were still so difficult at that time?"
Zhang Yiming was suddenly speechless, smacking his lips, and didn't know how to answer the conversation. , he just wanted to express the feeling of hardship in starting a business.
The two entered the company, and it was extremely awkward to meet the old and new bosses. Not only Yang Zhenyuan felt this way, many original bytes, but also Douyin employees felt the same way.
They looked confused, wondering why Zhang Yiming came suddenly and walked with Lu Liang, and received warm hospitality from Yang Zhenyuan.
"Mr. Lu, Mr. Zhang, please come this way." Yang Zhenyuan pretended to be calm. He was the most embarrassed person.
Resigned and left Byte for more than seven months, wandering around outside, Zhang Yiming became his boss again.
"Zhenyuan, don't be too formal. This is how business is, split up and combined, and I don't blame you."
Zhang Yiming smiled and suddenly looked at Lu Liang as he spoke. It is obvious who should be blamed.
Lu Liang smiled disapprovingly, playing with the lighter in his hand, waiting for the arrival of Shen Peng and Zhu Hu.
This cooperation is the merger of Xigua and Douyin, and Xigua is a wholly-owned subsidiary of Byte.
Xigua Fang only needs Zhang Yiming to come over, but Douyin has Yang Zhenyuan, Tianxing, Sequoia, and Jinshajiang, so we need to wait for everyone.
Not long after, Shen Peng and Zhu Hu hurried over and brought evaluation reports of the two companies from a third-party organization.
Douyin is valued at US$90 million, and Xigua is valued at US$200 million. Xigua’s size is 2.22 times that of Douyin.
After the merger into Xigua Douyin, Xigua holds 69% of the new company's equity and Douyin holds 31%.
Douyin’s 31% equity will be redistributed according to Yang Zhenyuan’s 36%, Tianxing’s 34%, Jinshajiang’s 16%, and Sequoia’s 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 finally shake hands and make peace, and everyone is happy.” Zhu Hu smiled and applauded.
The merger of Douyin and Xigua is definitely one plus one greater than two, with a guaranteed valuation of US$350 million.
Jinshajiang has made two investments, totaling US$4.32 million, and obtained equity valued at US$17.36 million.
Four times the income, although compared with Lu Liang's past achievements, is a bit worth mentioning, but it is still better than nothing.
Yang Zhenyuan showed a forced smile on his face. He invested 3 million US dollars seven months ago and now it has become 39.06 million US dollars.
It has increased by 83 times. The technology is supported by Byte and the funds are supported by Tianxing Sequoia Jinshajiang.
This is definitely a company with a bright future, and he can only comfort himself in his heart.
After the equity redistribution was completed, Zhang Yiming exercised his absolute controlling rights for the first time and convened a shareholders' meeting.
The technical department of Douyin has been fully taken over. The former employees of Douyin will only be responsible for daily maintenance and operations in the future.
When no major decisions are being implemented, retain independence and autonomy as much as possible and give Yang Zhenyuan great trust.
Zhang Yiming didn’t know how Lu Liang persuaded Yang Zhenyuan, but since Yang Zhenyuan agreed, he would be responsible in the future.
Yang Zhenyuan was shocked, thinking about Lu Liang's words last night. It seemed that he was not lying to him, but he didn't know if it was a way 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 Byte can do more in the future."
"Don't worry, Mr. Lu, so am I."
Zhang Yiming looked serious. Byte holds 69% of the shares of Xigua Douyin, which has reached the level of absolute control.
In his opinion, Yang Zhenyuan just went out and found him a very good product and investors.
He will not look at Yang Zhenyuan and Douyin with colored eyes.
Including, after finishing the conversation with Lu Liang, Zhang Yiming had the same guarantee with Yang Zhenyuan in a private conversation.
A few days later, Douyin updated its version, this time optimizing the algorithm and connecting to Xigua’s backend. As soon as the news came out, the whole Internet was in an uproar.
“Isn’t this too fast?”
“Douyin and Xigua merged?”
“Douyin is the main one, Xigua is the main one? ”
"Is Zhang Yiming crazy?"
Netizens have been talking about it, and the most worrying thing is the video authors who have devoted themselves to self-media.
The melee between the heroes lasted for less than a month, and suddenly it turned into a three-legged situation.
They are worried that countless past deeds have proven that the more chaotic the situation, the more beneficial it is to the relevant practitioners.
Just like the Thousand Regiments War back then, one-yuan lunches were everywhere, and there was also the online ride-hailing war. It’s not surprising that one-yuan taxis are available.
Now, Meituan almost dominates the food delivery market, and Didi almost dominates the online ride-hailing market, and the unit price per customer has been increased.
There is also a fierce battle over shared bicycles.
Some people were overwhelmed and withdrew from the market, while others quietly raised the unit price. From the original one yuan for an hour of riding, it quietly became one yuan for 30 minutes.
Those good days are gone forever.
Xigua Douyin stood up and jointly issued a statement. It is just a normal business cooperation and the creative incentive projects do not interfere with each other.
Lao Luo from Smartisan Technology, full of resentment, updated the news on the bib: [Lu Liang, are you playing with Smartisan? 】
The situation of Smartisan mobile phones is already difficult. They originally wanted to imitate the M1 mobile phone of Apple 6s and make a serious comeback.
As a result, Lu Liang initiated it, and the sudden arrival of the self-media era disrupted all their plans.
The ability of small businesses to resist risks is already poor, which makes families who are not already wealthy even worse.
It’s okay if you benefit yourself at the expense of others, because this is the nature of business. The key is that harming others does not benefit you much.
There was such a big fuss, but it ended in a merger. It seems that Zhang Yiming's interests were maximized.
Lao Luo was extremely unhappy.
As soon as 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: "Are you playing with more than just a hammer? Squint and smile.JPG"
"It's none of your business. Without your father, you Count it?”
Lao Luo was in a bad mood and suddenly opened fire.
Lu Liang only dared to complain, but Xiao Wang didn't care. The first generation could absolutely crush the second generation of rich people.
After all, some time ago, Xiao Wang teased Lei Jun about his poor English and embarrassing the country. He quickly apologized and explained that night.
In the eyes of the first generation, Xiao Wang is really just a guy.
The scolding war has gradually escalated and has the potential to spread throughout the entire network.
In the past year or so, Lu Liang had offended quite a few people, but due to his strength and prestige, they did not dare to say anything.
Since Wang Xiaocong dares to be the leader, they don’t dare to bombard Lu Liang, why don’t they dare to bombard Xiao Wang?
For a time, Xiao Wang was besieged by a group of entrepreneurs, and netizens also enjoyed hearing about it and watching the show.
Just as the situation was getting worse, a picture was posted online, like a huge flood, extinguishing the fire in an instant.
In the ranking of user stickiness in 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. In particular, insiders learned that Douyin last week was only 62 minutes long.
To judge the success of an application, 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 charged. After the updated version of Douyin, it has doubled.
For a time, the entire Internet fell into deathly silence.
Lao Luo was silent and lost interest in facing Xiao Wang. This was obviously not a one plus one arithmetic problem.
This is just one day.
The changes are so big.
“I apologize, are you really awesome?”
Lao Luo went offline after updating his news.
It's because his structure has become smaller, but Lu Liang's vision is still so vicious.
Douyin’s concept plus Byte’s technology is simply king. Kuaishou is in danger, and a new king is about to be born.
The latest update is a little bit underworld, there is only one chapter tonight, please adjust it a little bit.
(End of this chapter)