The black technology empire started with a debt of one billion

Chapter 208 Chapter 204
Because there are too many people studying corporate management.

It is not easy to find a good job.

It would be fine if he graduated from Harvard or Stanford.

Graduating in Dubai is really not as good as others.

"The Dubai branch lacks a general manager. If you are willing to stay in Dubai, I can give you a chance to try." Lu Bingwei said.

"This." Zhang Chongyang was a little hesitant when he heard that he wanted to stay in Dubai.

The best thing for him is to go back to China.

For him to stay in Dubai, he really doesn't want to stay here.

Seeing his hesitation, Lu Bingwei said, "You can discuss it with your family, but you only have three days."

After all, it is a matter of leaving one's hometown.

It's better to let the other party discuss it carefully with his family.

"Thank you Mr. Lu." Zhang Chongyang replied.

Lu Bingwei watched the other party leave and shook his head helplessly.

From Lu Bingwei's point of view, it is a bit suspenseful to want to keep the opponent.

There is really no choice but to hire a foreigner to be the general manager.

China time 2:[-].

Comrade Xiao Wang walked out of the elevator carelessly.

Originally, he was going to come to Deep Blue Technology at 10:30 in the morning, but because Douyin had something to deal with, he postponed it to the afternoon.

Seeing Comrade Xiao Wang's dark circles like smoky makeup, Cao Mang asked after he sat down, "Tell me, what can you do with me?"

Comrade Xiao Wang unhurriedly lit a cigarette and said, "I have an immature idea and would like to ask you for your opinion.

I want to spin off Douyin Mall to form an independent company. "

As Douyin’s performance in selling goods is booming, more and more users are shopping on Douyin.

Comrade Xiao Wang had such an idea in his mind.

Douyin has so many users here.

It would be a waste for Douyin not to convert them.

It is better to separate Douyin Mall and set up a shopping app.

"There is no problem with the split, have you thought about how to operate it, and how to develop Douyin.

You have to think about all of this, don't make it so that you pick up sesame seeds and lose watermelon. " Cao Mang asked.

"That's what I think." Comrade Xiao Wang expressed his thoughts.

Douyin continues to use the current operation method, and the mall adopts the live broadcast plus platform operation method.

In Cao Mang's view, Comrade Xiao Wang's operation model has no characteristics at all, and he has not yet realized the crisis that Douyin will face.

Cao Mang had already seen similar products appearing on the app store at noon.

These products operate very quietly.

This shows that they are accumulating strength.

Once the energy is charged, they will explode.

From Cao Mang's point of view, Comrade Xiao Wang is not bad in terms of ability, but he is a little bit weaker in terms of overall situation.

“These are all short video platforms that have recently been launched. Next year we will enter the era of short video wars, and Douyin’s future will become increasingly difficult.

The victory in front of you is not the real victory. How to maintain the current advantage is the king. "Cao Mang handed the phone to Comrade Xiao Wang and said.

Comrade Xiao Wang felt a little headache when he saw the five or six platforms on his mobile phone.

There are so many platforms coming out but the operations department has not reported them. It seems that these people are living too comfortably.

Go back and beat them hard.

"What should we do next?" Comrade Xiao Wang asked.

"Take out 100 billion cash as a subsidy to encourage creators of short video creators," Cao Mang said.

"100 billion? Are you crazy?" Comrade Xiao Wang said in surprise.

Douyin has only earned more than a billion yuan since it went online, so where can I get [-] billion yuan to subsidize it?

Even if you can get it, there is no need to take so much money.

"How can we deter other platforms if we don't spend 100 billion? Other platforms can't spend [-] billion or [-] billion?" Cao Mang said.

Xiao Wang fell silent when he heard Cao Mang's words.

If these platforms raise funds, it will not be a big problem to get one billion or eighty billion. In comparison, Douyin has no advantage.

"But Douyin doesn't have that much money in its account, unless we take out the shares for financing." Comrade Xiao Wang scratched his head and said.

Douyin is still profitable.

According to the current situation, the valuation is at least around 200 billion, but Comrade Xiao Wang does not want to raise funds so early.

At this time, financing is really too bad.

"Shenlan Technology can lend Douyin 100 billion, but the money is not for nothing, and the annual interest is calculated as one point." Cao Mang said.

"No problem." Comrade Xiao Wang nodded.

Maybe at this time someone will ask Cao Mang what he is doing?
Does your company charge interest on borrowing money?
Although Cao Mang is the major shareholder of Douyin Company, the company is not entirely his. Comrade Xiao Wang has shares in it.

Moreover.

It is also normal for companies to charge interest on inter-company lending.

Public and private projects must be distinguished.

Comrade Xiao Wang doesn't have any objections to this. In fact, Douyin is still making money from this business.

Douyin needs money to expand.

There are only two ways to make money.

One is to find a bank loan, and the other is financing.

However, these two methods are at a loss no matter how you look at it.

Let's talk about finding a bank loan first.

Bank interest is at least two points or more, and Deep Blue Technology only charges one point, which is much cheaper than the bank.

And this money can make money when it is not used.

In this way, Douyin is not losing at all.

As for financing?

There is no need to think about this question, it will definitely be a blood loss.

The conditions for raising such a large amount of money must be very harsh on the venture capital side, and they have to share Douyin's cake with them.

Don't say that Cao Mang agreed to this matter, even Comrade Xiao Wang didn't agree.

Now that Douyin is profitable, why should I share the cake with you?

"You have to take this opportunity to develop Douyin to the whole world. The 100 billion is not just subsidized to Chinese users, but the 100 billion is subsidized to global users." Cao Mang laughed.

Comrade Xiao Wang's eyes lit up when he heard this.

Douyin wanted to use 100 billion as subsidies, but it didn’t say that all of it would be used in China.

But how will these competitors react when they hear that Douyin has provided 100 billion to subsidize short video authors.

Scared them all.

Not to mention that even venture capitalists are scared of these short video platforms.

Douyin has provided 100 billion subsidies. At this time, these platforms also need to subsidize. If they do not subsidize the authors, they will definitely run out.

At this time, the platform can only find venture capital financing for subsidies.

Venture capital companies will consider a risky issue at this time.

The same is true for how long a subsidy of one billion can take and how long a subsidy of ten billion can take.

We invested one billion in you, and you spent it all in one year, but Douyin still has bullets.

These platforms can only choose to continue financing in the future. If they don’t raise funds, the money they invested in the past will be in vain.

To vote or not to vote?
(End of this chapter)