Reborn in 2014, getting rich from the World Cup

The next day.

Without waiting for Shen Yixin to report Musical.L's financing results to Yang Zheng.

Ye Shiliang had hurried back and told him in vivid detail what happened at today's financing meeting.

The two founders of Musical.L, Zhu Jun and Lu Yu.

The original plan was to release 25% of the shares and raise US$1500 million.

That means the valuation was 6000 million.

This price is announced.

There were not many investors who responded initially.

But "your stupid secretary" - this is what Ye Shiliang calls Shen Yixin.

Indicates that full investment is acceptable.

Then the capitals were attracted to compete.

The final result was: 25% of the shares, with a total financing of US$2000 million.

This means that the actual valuation has been raised to US$8000 million.

This is exactly the "bottom line" that Yang Zheng gave to Shen Yixin.

So much so that Yang Zheng initially thought that Shen Yixin was being stupid this time.

But not long after, Shen Yixin called and told him the actual situation.

Shen Yixin simply stated that she could accept an offer with a valuation of US$6000 million.

It was Ye Shiliang who suggested that the two families could share the profits equally.

This attracted several other investors to scramble for it.

Then the price continued to rise, and finally reached a valuation of 8000 million US dollars.

After hanging up the phone.

Under Yang Zheng's unfriendly gaze.

Ye Shiliang honestly admitted her mistake.

In fact, she was right to raise the price.

As a representative of the Meishu Group, she also has to accumulate merits for herself.

Of course, I can’t let go of Musical.L after investing in it this time.

Yang Zheng had no intention of asking her to let go.

Otherwise, I wouldn’t have said it directly to Shen Yixin when I talked to her on the phone yesterday.

The evil thing about this girl is that she wants to drag down Shen Yixin.

In her own words, "She follows you wherever you go. I'm jealous!"

After hearing this, Yang Zheng had nothing to say.

The only way is to use strong actions to try to eliminate Ye Shiliang's jealousy.

So before, and even now, he doesn't want to mess with a girl with a background like Ye Shiliang.

A very realistic reason.

A girl without a background, even if she is jealous, can't make any big fuss.

As for the girls with backgrounds who were jealous, he could only coax them.

Otherwise he won't be able to bear the commotion.

Actually, Ye Shiliang is pretty good.

Her background is not very reliable.

So Yang Zheng still dared to take the risk.

And people like Han Yiren and Liu Luoyao.

One is the daughter of the governor of Chubei Province, and the other is the granddaughter of the top leader of Chunan.

How dare Yang Zheng touch it?

So he hid as far away as possible.

I stayed in Shanghai for another three days.

Yang Zheng just returned to Jiangcheng.

en route.

Shen Yixin gave a complete report on the financing results of Musical.L.

Zhengrong Holdings and Meishu Group each invested US$8 million and each obtained an 800% equity share.

The remaining 9% will be divided equally among the other three venture capital institutions.

This is the end.

Zhengrong Holdings originally held 30% of Musical.L's shares, which was diluted to 20.5%.

Another 8% increase.

Now the total is 30.5%.

Then there is Meishu Group with 8%.

There are 4 other institutions, totaling 14.25%.

Finally, there are the two founders, Zhu Jun with 28.35% and Lu Yu with 18.9%.

In other words, Yang Zheng has now become the largest shareholder of Musical.L.

This is the power of capital.

……

8 month 22 number.

Jiangcheng.

The conference room of Shanyin headquarters.

The heads of various departments reported the situation to Yang Zheng.

The good news is.

After launching a national challenge video led by celebrity artists.

The number of downloads and registered users of Shanyin has seen another wave of massive growth.

And user activity has increased again.

More than 9500 million total users and more than 6200 million daily active users.

The active ratio increased by nearly 7 percentage points compared with last month.

This is undoubtedly a rapid and healthy development.

And the bad news is.

The opponent's block player developed even more exaggeratedly.

Over 8000 million daily active users.

Registered users...nearly 2.4 million!

Although real-name authentication is not strictly implemented, a single ID card can only be used to register a single account.

The number of registered users does not tell us much.

But with nearly 100 million new users added in less than a month, it is indeed a bit scary.

The most intuitive manifestation - valuation.

At the beginning of July, BlockHand’s valuation was only US$1 billion.

By the end of August, the valuation has exceeded 15 billion US dollars!

Yang Zheng remembered that in his previous life, Blockbuster only reached this valuation in early 2016.

Half a year earlier.

This is the difference between having competitors and not having competitors.

In his previous life, Blockbuster was invincible until 2018.

Its development is certainly not so urgent.

And now there is Flash Sound.

The speed at which Block Hand burns money naturally increases a lot.

Yang Zheng also received news that Kuaishou was preparing for a new round of financing.

The 1.6 million US dollars received in the last round of financing is nearly 10 billion Xia currency.

It’s less than 20%.

The speed at which this capital is burned is even faster than that of Flash Sound.

To know.

Shanyin is a new company, with more expenses at the beginning and less profits.

There is also a large algorithm team to support.

"Boss, should we also increase our promotion efforts?"

Planning Director Xu Liang asked.

Marketing Director Zhou Yi continued:

“I also think we can increase the promotion efforts.”

"Although at present, the market share of Kuaishou is slightly larger than that of our Shanyin."

"But the market feedback for our Flash Sound is much better than that of Kuaishou."

"If we can keep up with the promotion, the conversion effect of our Flash Audio will definitely be better."

Several other executives then echoed the sentiment.

It is normal for them to have such thoughts.

The products are better than the other side, and the funds are no less than the other side.

Then of course we should keep up with the promotion to seize the market.

It is Yang Zheng's perspective with his third eye that seems abnormal now.

But correct.

In the past, Douyin’s daily active users peaked at 7 million, and its monthly active users peaked at 10 billion.

How many daily active users do Shanyin and Kuaishou have now?

Less than 1.5 million.

It’s just over 20% of Douyin’s peak level.

This means that the current short video market can only be said to have just opened up a gap.

Why does Shanyin need to fight a bayonet fight with a guy now?

Therefore, Yang Zheng rejected the proposal of the executives and still said:

Improve user conversion and enhance content quality.

Afterwards, he left the technical director Zhu Weijia alone to chat.

Got another good news: the decentralized recommendation algorithm is basically complete.

The so-called "decentralized recommendation algorithm" is based on the "centralized recommendation algorithm".

The "centralized recommendation algorithm" is the recommendation model of traditional Internet platforms.

By measuring the weight of each data item, popular topics, products, etc. are displayed to users in a prioritized and concentrated manner.

Traffic is basically dominated by the platform and concentrated at the top.

The advantage is: the platform can efficiently manage the content ecology and dominate popular topics.

The disadvantage is that users’ choices are limited by algorithms, and it is difficult for medium and small creators to obtain traffic.

If this continues for a long time, it will lead to the homogenization of platform content, user aesthetic fatigue, and the platform will lose its competitiveness.

The decentralized algorithm, which is the core algorithm of Douyin in its previous life, is designed to circumvent these shortcomings.

Its core mechanism is:

Establish different user models and let each user choose to independently determine content recommendations.

The advantages are: reducing platform intervention, accurately pushing content that users want to see, providing creators with relatively fair competition opportunities, and preventing traffic monopoly.

The disadvantages are: the quality of content varies, traffic distribution is not "reasonable", and users are easily trapped in the information room cocoon.

But these shortcomings certainly do not have as great an impact on the platform development as the former.

It is even beneficial to promote the development of the platform.

For example, “users are easily trapped in the information room cocoon”.

Who doesn't prefer to see what they want to see?

This is even the core factor that enables Douyin to develop.

This is also the main reason why Yang Zheng dared to let go and run 40 meters first before chasing.