City: I was reborn and became the top rich second generation

Zhou Xing took the initiative to stand up: "Let's call it Wuyou Media."

"Wuyou Media?"

Qin Fen asked curiously, "Is there any special meaning?"

Zhou Xing chuckled.

Without too much explanation... This name, he had thought of it a long time ago.

As for why.

Only those in the future will know.

There are tens of thousands of beauties on Douyin, half of which are Wuyou.

The founding philosophy of this company coincides with that of Zhou Xing and the others.

2016 years.

Douyin is not popular, and Wuyou Media has not yet been established.

Then Zhou Xing directly took the name and used it without any psychological burden.

but......

After he entered the arena.

It must be much larger than Wuyou Media in the previous life.

The purpose will not change.

Collected a crowd of Douyin Internet celebrities and entered Wuyou Media.

And... Ke on Tuesday and the Great Demon King are the first batch of online celebrities signed by this company.

"Wuyou... the name sounds quite catchy, concise and clear."

Qin Fen thought for a while: "This name is not bad."

"I feel pretty good too."

Chang Wenyu agreed.

"That's settled then."

In a few words.

Everyone finalized the name of the company.

No excellent media.

"Okay...I'll go through the rest of the formalities here. When the time comes, I will form a company's basic staff, and then wait for the funds to arrive, and then wait for Lao Zhou to take us to fly."

Qin Fen said with a smile.

The rest of the people naturally have no opinion.

In fact, they don't care much about whether this company can be popular.

Regardless of loss or profit.

Zhou Xing took them with him.

Profit is naturally the best... If you lose money, you can deepen your relationship with Zhou Xing, and there are so many internet celebrities waiting for them.

No matter how you calculate it, it is a business that makes money without losing money.

............

three days later.

Qin Fen and others rented an office room of 105 square meters on the 1500th floor of the central building.

Then the business license was successfully obtained.

The company's front door has been slightly decorated, and it has been branded with the signboard of their company Wuyou Media.

All the basic staff at the front desk are also in place.

They took the lead in putting funds into the company's public account.

Zhou Xing did not hesitate either.

I paid [-] million personally, and then remitted [-] million in the name of Nile Crocodile Company.

the entire company.

Billions in funding...all in place.

But at this moment, Deng Haoyang called Zhou Xing: "Boss, you asked me to pay attention to ByteDance, there is news."

Chapter 183 Good Opportunity

"Oh?"

Zhou Xing was a little surprised.

After learning about ByteDance from Qin Fen, there is a big move to raise funds.

Zhou Xing is always paying attention to the trend of ByteDance.

Just... after the news broke.

Bytedance fell silent again.

There has been no new news from Qin Fen.

Zhou Xing asked Deng Haoyang to watch ByteDance, and report to himself immediately if there is any sign.

Originally thought.....it might take a while.

Never thought.

It came so fast.

"Is there any financing news from Byte?"

Zhou Xing asked.

"Yes."

Deng Haoyang said: "And a little anxious."

"How to say?"

"They chose to hold a financing and investment promotion conference in Shanghai five days later...they invited investment banks from almost the entire network industry, as well as major entrepreneurs and many celebrities to help out. It was very grand.”

Deng Haoyang explained: "ByteDance has spent a lot of money to complete the fourth round of financing, but the more this is the case, the more it proves the urgency of ByteDance at this time."

Zhou Xing nodded slightly.

Financing... is an insurmountable hurdle for any enterprise that wants to develop.

Self-made from scratch.

A person's ability is doomed to be limited.

There is not so much capital that can support the expansion of the enterprise.

at this time.

Only investment banks or enterprises can be selected to enter to release part of the shares so as to obtain the help of funds.

Only when you have funds can you do things.

As for investment banks or enterprises, they will not only provide financial assistance.

More importantly....... They are also an extremely large company with abundant resources, and can easily help companies break through channels and seek better development.

So in many cases, even if the company itself has an excellent development prospect, its cash flow is also very good.

But it will also allow other companies to invest and release shares.

To get admission tickets and all kinds of help.

Let the enterprise take off completely.

Generally, when faced with financing, when promising companies have no financing plans, countless investment banks will take the initiative to approach them.

They have no shortage of investment at all.

The person in charge of the company will consider it in advance and have a secret meeting with them.

The conditions are pretty much the same.

Then you can start to sign the contract. After the funds are in place, you can announce it, or you can choose not to announce it.

After all, financing can be regarded as a relatively private matter.

And ByteDance.

A few months ago, I heard the financing information they voluntarily released.

During the period... an investment bank must have come to the door.

Bytedance also chose to hold this financing and investment conference, so it was doomed, and there was no agreement between them.

The high probability is that the requirements of ByteDance have not been met.

Or the funds given are not enough.

Bytedance chose to do this, it should be a helpless move.

The more investment banking companies are invited and the grander the conference is, the more it proves that they are at the end of their rope at this time.

Can only choose the last fight.

If you can't make it above, find an investment bank that suits you.

Their business... I'm afraid they won't be able to survive.

It is estimated that everyone who was invited can see it.

This is already a plot of ByteDance on the surface. To participate in such a conference, the highest price wins.

Even if everyone generally bids are not high.

They can only pinch their noses to recognize it.

Zhou Xing was not surprised. ByteDance’s financing was going well in the past, but in the end...it has not been able to figure out a way to make profits.

The company has suffered losses year after year.

Even if investment banks still have confidence in them, it is impossible to invest too much money.

Those who can meet their requirements are destined to be severely knocked out of a large share of the shares.

So it's stuck here.

"This time the byte beating was too sudden, and this conference was held without any warning."

Deng Haoyang continued: "I sent people to investigate, and the funds in ByteDance's company account are already beyond their means. Even if they find a new way to make money at this time, they will not be able to cure near thirst."

"There must be new financing funds injected, so that the company can survive."

"It is estimated that those investment banks also saw the dilemma of ByteDance, and took advantage of this price to annex the shares, resulting in no agreement... So ByteDance must do this, but... I guess this The second financing conference is not much better."

Deng Haoyang sighed: "Their company's products are quite novel, and the big data is also very good. Some time ago, they also launched a Douyin app. It is estimated that they want to rely on this app to make profits and turn the situation around, but the effect is mediocre. , the business overlap is too serious.”

"Spending a lot of money into it, not only did not achieve any results, but it accelerated the consumption of the company's funds."

Zhou Xing was surprised for a moment.

He knows...every time the company raises funds, it is a challenge.

Bytedance may be tough.

But I didn't expect.......It has reached the point of life and death.

No wonder you can't hold your breath.

Without the injection of funds, the company will completely fail.

No one would have thought of it.

Bytedance, this now seems to be dying, like an old man with a candle in the wind, but he can glow with vitality and become China's Internet giant.