Reaching the age of thirty, my income randomly doubled

The best way is undoubtedly to directly take a stake in the already mature Teng You Media.

Teng You Media currently has three major shareholders: Xin Teng Live Streaming holds 20%,

Chen Pingsheng holds 50% himself, and Zhang Yiming of Douyin Group owns the remaining 30%.

Just looking at these three major shareholders, its future is very stable.

Guo Ziyi hopes to buy 15% of the shares, and the cooperation method can be share exchange plus cash.

Chen Pingsheng does not quite agree with this plan, mainly because he himself has Tenghui Department Store.

He is not particularly interested in Guo Ziyi's top-tier department stores.

Relatively speaking, he is more interested in cash.

As for the benefits of adding Guo Ziyi as a strategic partner, they are very clear.

That is to complete Teng You Media's market layout in the high-end department store sector.

As long as they can cooperate with Guo Ziyi, Teng You Media's future in luxury goods live-streaming promotion

will definitely have the largest discounts.

After all, his advantage in this area is particularly obvious.

If it cannot provide strategic-level benefits for Teng You Media, or fill its weaknesses,

then no matter how much money Chen Pingsheng has, he would not sell the shares to him, because that would be meaningless.

It would not benefit the company's future at all.

The most ridiculous thing is that two young heirs actually wanted to make a fortune without any investment, attempting to buy shares for one dollar under their parents' protection.

That's fucking outrageous.

These two found Zhang Wanyi and threatened her quite openly and covertly for a while.

They didn't just come out and say, "My essay once won first place in the district."

The title of the essay was "My District Leader Father."

Coincidentally, Teng You Media is located in that district.

Chen Pingsheng himself is from Capital City, and Tengying Group has also reached this stage.

How could he be easily threatened!

...

Chen Pingsheng flew to Guangdong on his private plane.

Coincidentally, Guo Ziyi is still around here, and the Guo Family's business complexes are developing quite well in Magic City and Greater Guangdong.

The two agreed to meet at the Baiyun Headquarters, and Chen Pingsheng's terms were straightforward.

The current trend clearly indicates that Douyin is more optimistic than Kwai.

The future market value of Teng You Media, which grew attached to Douyin, is incomparable to Xin Teng Live Streaming.

To put it in the simplest terms, one is on the decline while the other is still growing rapidly.

Therefore, an evaluation of 40 billion for Teng You Media is not high.

If Guo Ziyi wants 15%, he must invest 6 billion in cash.

As long as he thinks it's worth it, 6 billion isn't a lot for the Guo Family, one of the four great tycoons of Xiangjiang.

Just last year, the Guo Family spent 21.7 billion to buy a 140-acre core commercial land parcel in the center of Magic City.

Then they invested another 30 billion for development.

The most outrageous part is that the more than 50 billion in funds was all without any loans,

it was all their own capital, showing their strength is not even comparable to Mainland's super-leveraged tycoons.

Let's just say that Xu Pidai and many other real estate magnates from the Mainland are all just for show.

As soon as there's a major economic downturn and banks tighten credit,

these people will all be facing a crisis of a capital chain break.

But not the Guo Family, their annual rental income alone reaches between 15 and 20 billion.

This kind of strength is simply incomparable to those pseudo-wealthy from the Mainland.

Even now, as much as Chen Pingsheng has developed, his commercial real estate only yields over 2 billion in income a year.

Compared to an established tycoon like the Guo Family, there is still a massive gap.

Guo Ziyi's idea was cross-shareholding, like Zhang Yiming of Douyin, using the Magic City's department stores' shares for an exchange with Teng You Media's shares,

plus some additional cash compensation.

Share exchange is also a common type of cooperation for large projects.

Chen Pingsheng made his refusal clear, "Not to hide from you, I need some cash right now, so I can only refuse your proposition."

"You still need cash?"

60 billion is nothing to the Guo Family, especially since even Douyin spent 2.5% of its shares to complete a share exchange with Teng You Media.

Guo Ziyi said with a smile: "You are probably the one who lacks cash the least in the entire Magic City right now. If you're willing, you can mortgage those commercial properties in Xiangjiang, and I guarantee I can raise 20 billion in cash for you within three days."

Chen Pingsheng's global headquarters alone in Xiangjiang is worth more than 10 billion, not to mention he also owns Tenghui Department Store and many Water Cloud Space store facades.

If he wanted to, he could indeed quickly borrow tens of billions using these properties.

"There's no need for that; it's just a small shortfall. Even if I were given 20 billion right now, I wouldn't have anywhere to spend it."

"Fine, since you insist, I'll go back to Xiangjiang and have a board meeting to discuss it. I'll get back to you within seven days."

With an investment involving six billion in cash, Guo Ziyi couldn't make the decision alone.

He also had to report to the board for approval.

Pingsheng waited for his response and took the opportunity to show him around his Tengying Art School.

He originally established this school to open the doors to the entertainment industry for ordinary people.

To improve the current atmosphere in the entertainment circle.

Little did he expect that it would become the backyard for Yateng Short Drama and Teng You Media.

As of now, at least half of the live streaming celebrities have come from Tengying Art School into Teng You Media.

This is quite normal, after all, art school students are not only good-looking.

Their talents are also much stronger than the average live streaming celebrities.

At least when it comes to dancing, the girls here can do more than just twist their hips and sway their waist.

Traditional Chinese dances, idol trainee competitions, they excel in everything.

If people from the entertainment industry really crossed over to become live streaming celebrities, it would be a dimensional strike against ordinary live streaming celebrities.

Teng You Media's rapid development and its foothold in the TikTok celebrity circle owe much to the Tengying Art School.

He feels that the Tengying Entertainment nowadays is more about supporting Teng You Media and other industries.

The scale Guo Ziyi showed up with to visit was pretty impressive.

Chen Pingsheng also explained some ideas from when he founded the school, as well as some current development directions.

Put simply, as long as his Tengying Art School and Tengying Entertainment are operating normally,

Teng You Media will never run out of live streaming celebrities.

He's using the entertainment industry's resources to achieve a dimensional strike in the live streaming circle.

The hardworking girls, who might not become superstars due to the fierce competition in the entertainment industry,

find themselves completely in their element when they enter the grassroots cluster of live streaming celebrities.

There's no need to worry about having no future.

He brought Guo Ziyi to see the Tengying Art School also to give him peace of mind.

Their cooperative projects are not just one or two, and so far, they've been very enjoyable.

Mainly because everyone has made money.

So, when Guo Ziyi wanted to cross into the live streaming economy, the first person he thought of collaborating with was Chen Pingsheng.

As long as TikTok continues to surge like it has in the past two years,

the value of Teng You Media will only increase.

His six billion is highly likely to be a profitable investment.

Once TikTok opens up the market for live streaming sales,

Teng You Media, with thousands of live streaming celebrities, will definitely become a whirlwind,

sure to amaze countless people.

His traditional business arrangements in the past two years have all been geared towards this direction.

Once live streaming sales are opened, the value of Teng You Media may far exceed its current 40 billion.

Of course, that's all for the future, but to make Guo Ziyi earnestly fork out that money,

he definitely needs to show him something.

Chen Pingsheng took him on a big tour around the place, and only after he left did he go to have a meal alone with his secretary, Zhang Wanyi.

The little secretary has been transferred to be the CEO for some time now.

After parting ways with Sun Liancheng, Teng You Media was a bit chaotic at the beginning.

But soon after it stabilized.

The main reason is that other than Sun Liancheng, the other senior executives remained unchanged.

As long as they don't foolishly oppose the group, their positions are basically secure.

With the cooperation of so many original senior executives, the little secretary soon completely sorted out Teng You Media. Explore more at My Virtual Library Empire

Until now, after equity swaps with TikTok,

and then planning to introduce the powerful shareholder, the Guo Family.

From a strategic level, with these two firms investing, Teng You's future path is clearly set for a smoother journey.

This is also something the little secretary has always admired.

The big boss, far away in Magic City, is able to make decisive moves from a thousand miles away.

Completing the overall business layout in advance, so that when the fruit ripens, they can pick it at the first opportunity.

Being the first to try the crabs.