"If you were Zhang Yiming..." Bao Fan tentatively said: "Will you sell tiktok?"

"Someone wants to buy it?" Chen Feng was stunned and said in surprise: "Old Zhang wants to give up?"

"It's not easy to say." Bao Fan shook his head and said, "Although the probability is not high, how can the mall be 100% loyal?"

"There is news from the United States that some investors of ByteDance are discussing the possibility of jointly acquiring a majority stake in Tiktok, including Sequoia, Pan Atlantic, SoftBank and nea..."

Chen Feng nodded, if it were these institutions...

It's indeed possible!

Tiktok has been unstoppable in the past six months, with downloads exceeding 315 million in the first quarter, which is higher than any application in the world. It is a complete ByteDance money printing machine.

Global revenue exceeded US$90.7 million, equivalent to RMB 635 million.

Will Zhang Yiming sell his hard work to raise his own son?

"Even Zhang Yiming is participating in the negotiations. If this idea is implemented, tiktok's current management will continue to remain in office, including the new CEO Kevin, to continue to take the lead."

After hearing this, Chen Feng analyzed: "Money should not be the biggest obstacle. After all, ByteDance is not short of money for the time being, mainly because the core algorithm may be leaked."

Bao Fan agrees with this statement that outsiders can access ByteDance's computer code and its content recommendation engine, which is the biggest risk.

Chen Feng sighed inwardly, there was no way, the situation was better than others. Zhang Yiming faced a major choice, to sell tiktok, and introduce more international capital, so that it can become a truly international company from the equity structure, or completely localize it.

It has to be said that after more than eight years of its establishment, ByteDance has always been the C position of VC/PE at home and abroad, and it is still the most talked about topic in the venture capital circle.

When Toutiao was just a product prototype drawn on napkins, the angel wheel given to Zhang Yiming by Haina Asia Investment Partner Wang Qiong not only achieved ByteDance today, but also made Haina Asia still the largest institutional shareholder of ByteDance today.

Angel investors Liu Jun, dst, source code capital, etc. all give Zhang Yiming absolute trust and support. Starting from the C round of financing, it will be difficult for investment institutions to buy into the headlines without sufficient strength...

Sequoia, Shunwei Capital, China Construction Bank International, Pan Atlantic Investment...

It received US$4 billion in financing in 2018, which was called the pre-iPo round by the outside world. The valuation reached a key US$75 billion SoftBank, KKR, Chunhua Capital, and even the Yunfeng Fund, the direct unit of Lao Ma, appeared behind the scenes.

The valuation exceeds 100 billion US dollars!

Tiktok's sweeping troops made ByteDance the only company in Chinese and Western countries with a daily active users exceeding 100 million, besides Apple.

"Hey, who made this cake too fat, even the government couldn't stand it." Bao Fan joked: "In order to protect the overseas market, Zhang Yiming tried to separate tiktok from his parent company."

“Internal executives are rapidly building a new corporate structure and taking other ways to separate tiktok from it, including setting up a tiktok headquarters overseas and establishing an independent board of directors between ByteDance and its overseas subsidiary tiktok.”

Chen Feng understood that such efforts had actually begun long ago. Tiktok and TikTok were independent of each other early, and completely moved their international business overseas on a large scale in the first half of the year. Not only did they move out the decision-making and functional research departments, but they changed their senior management teams, but they also positioned the server overseas...

The United States, the United Kingdom, India and Singapore have major offices, headquartered in the United States, and establish the second largest center in Europe...

Later, offices were set up in Australia and other places...

Everything means that tiktok and ByteDance are working hard to cross the storm circle.

"I heard that Zhang Yiming had appointed Zhu Jun, the vice president of product and strategy, the former head of tiktok, Zhu Jun, to be the head of strategic investment."

"I also secretly bought a few small Internet gold medals..."

After listening to the inside story of Baochao, Chen Feng couldn't help but smile and said, "This is to increase the pace of the country!"

It’s normal to think about it. When you go to sea to meet force majeure, you can take a step back ten thousand steps. If it’s really not possible, you can sell it for 10 billion US dollars, but you must not lose the domestic base camp!

"The next step is probably education, as well as games, e-commerce live broadcasts, e-commerce, to                                                   

Bao Fan joked: "The giants are all time management masters!"

Microfinance, insurance brokerage, securities investment advisor, and enters auto finance through its products, Dachedi...

Register Wuxian installment, Duoxia payment, Qingli installment, Byte payment...

ByteDance has been secretly secretly in Chen Cang.

Chen Feng smiled. Of course, this is not a secret to people in the circle, and there is no airtight wall.

Of course, I went to Ningxia to try my hand on my license plate, but ended up being turned away...

Now I have spent 1.1 billion yuan to buy land and build a building in Shenzhen, and finally got what I want?

Of course, currently only holds three licenses, and this number is not outstanding among Internet giants. In addition to insurance brokers and micro loans, they often hold third-party payments, virtual banks, consumer finance, and corporate credit reporting...

Wanli has already completed two of them now.

"Even Alibaba and Tencent have to keep telling investors good stories, not to mention that Zhang Yiming has not been listed yet."

Bao Fan smiled and said, "I don't have enough money to do it. I have to cast a wide net. I have no time to dig a hole, bury a seed, and count one, two, three, four, five..."

"Maybe a towering tree will grow, right?"

Chen Feng waved his hand, to put it bluntly, the venture capital circle is also a connection circle. You invested in me at the beginning, and now I support you.

Zhang Yiming is also the OP of Source Code Capital. The mutual appreciation between Cao Yi and Cao Yi is also a template for mutual support between investors and entrepreneurs.

Toutiao, which has been operating in 2013, began to look for round B financing, but it hit a wall everywhere. It is said that Zhang Yiming visited more than 30 VC institutions in succession, and no one was willing to invest in him because of his hoarse voice.

It was in this round that Cao Yi, who was still at Sequoia Capital, pushed the headlines at the internal meeting, but was not approved. This was also a pity that Chen Nanpeng thought about when he thought about it - he was too late!

Cao Yi, who left Sequoia, founded Source Code Capital by himself, and successfully raised 100 million US dollars in the first phase of the fund. The first transaction was to hit Toutiao 5 million US dollars, and later he would add it whenever he had the opportunity.

What’s even more interesting is that in addition to Zhang Yiming, there is also Meituan Lao Wang behind the first fund of Source Code Capital!

In other words: this is someone who can organize a game to bring ByteDance and Meituan together to drink and chat!
Chapter completed!