Chapter 444: Investing in Douyin

Chen Anan first learned about stock trading with her grandmother Liu Fen.

At that time, Vanke was in a big fight, and many people in Beijing were investing in stocks.

The market was very good in those years, and even a cleaning lady could make money easily after entering the market.

Later, it was not so good. The money earned by luck was lost in technical research.

Chen Anan rubbed her hands. She was going to try her hand with her 200 million pocket money.

Winning would be the best. If she lost, she would spank her sister. Anyway, this was what she should bear at that age.

Even when facing dazzling stock market data, she could understand it at a young age. She grew up in such an environment and understood some of the stock market routines.

Three things not to buy in the stock market.

The first one is junk stocks. What does it mean?

Those companies that obtained listing through financial fraud and under the table must not be bought.

Chen Anan still remembers that her grandmother bought two similar stocks.

After the company went public through some special means, the founder tried every means to drive up the stock price.

Then continue to cash out.

At this time, all shareholders need to pay the bill. The most amazing one is a big shot of a listed company. After he was found out, he actually issued a notice directly.

Why can my rubbish company cash out more than 5 billion? Don’t you have any idea in your mind?

Look at this tone, how awesome!

This person is really showing off. He might as well show his cards directly. Anyway, he has already taken the money and fled abroad.

The rest is that all shareholders pay the bill together. Originally, he just wanted to speculate in stocks, but in the end, the boss of the company was fired.

Liu Fen was so angry that she cursed loudly at the time, but in the end, she was helpless.

Lost 700,000 or 800,000 yuan.

There are still some industries that cannot be bought later. The national policy does not support or even cracks down on industries.

Those stocks that have internal conflicts in enterprises cannot be bought either.

Put aside these and don’t buy them. The remaining ones should still be carefully selected.

Chen Pingsheng also taught the big fart a simple lesson. The water of the stock market is very deep, so it’s better for her to get involved earlier.

He has more than 4 billion left to buy ByteDance, but he doesn’t know if he can buy it.

If you can't buy it, then just buy Tesla.

Anyway, you can't put the money in the bank, it will only depreciate, not to mention that his wife can take out billions at any time.

His family doesn't need to save much money, there is a steady flow of funds every month, and it can't be spent at all.

Just think about how to make money.

The days passed quickly, and it was the end of March in a blink of an eye. Tengyou Night was held as scheduled in Guangdong.

This is not an ordinary Internet celebrity gathering, but the first grand event in the Internet celebrity circle.

Zhang Jingjing, who was transferred to the Guangdong headquarters, attended in a red dress.

She was not qualified to participate in this kind of event before. After shaking her head and changing her clothes became popular in the past month, she quickly attracted more than 8 million fans.

She became one of the most popular Douyin Internet celebrities during this period, so she was naturally qualified to participate.

In addition to her, Huang Meiyou was also very popular.

Both of them are girls, and they are beautiful in their own ways.

Because it is an annual event, the grandness is no less than that of a celebrity gathering.

The host on stage also invited the internet celebrities to check in and take photos.

After almost all the big internet celebrities of Tengyou Media arrived, the host came on stage.

Zhang Jingjing and Huang Meiyou sat next to each other in the second row, and the two of them whispered to each other whether Lao Chen would come.

If it weren't for him, they would definitely not become popular so quickly.

After waiting for a while, the news came from the conference hall that not only all the big internet celebrities would come this time.

Even the big boss would come.

This was very surprising, after all, whether it was Xinteng Live or Tengyou Media.

After so many years, Chen Pingsheng had never attended a large-scale meeting held by them.

It was obviously a surprise that he could come this time.

"The big boss is here too, where is he, why didn't I see him!"

Huang Meiyou even stood up on tiptoe to look, she didn't see the big boss, but the familiar Lao Chen saw him.

Huang Meiyou was a little surprised, and quickly stood up and waved to him.

She also pulled Zhang Jingjing along, preparing to go over and say hello to Lao Chen, but she didn't expect that Sun Liancheng, the president of Tengyou Media, was standing next to him.

He looked so cautious, which was obviously abnormal.

Isn't Lao Chen just a newcomer, worthy of being treated like this by the boss?

For these Tengyou Media's Internet celebrities, the big boss is still too mysterious, and he hasn't appeared in the past few years.

Sun Liancheng is their boss.

This time, not only Chen Pingsheng came, but also the important leaders of Tengying Group basically came.

Seeing Lao Chen come on stage surrounded by the big figures in the first row, Zhang Jingjing and Huang Meiyu began to react.

It turned out that he was the big boss who had been investing in Tengyou Media behind the scenes and had absolute control.

This was too unexpected. They were actually promoted by the big boss himself. Don't be too surprised.

After Chen Pingsheng came on stage, he didn't say much.

He just said some encouraging words, and then went to the back to talk about investment with the founder of Douyin.

When TikTok was first created, its valuation was still 7 billion US dollars, but now it has risen to 60 billion US dollars without making a profit.

This means that in less than three years, the valuation has increased tenfold.

Not to mention that he missed it in the early stage, Shen Nanpeng and Tong Zelan also missed it collectively.

Now that he owns Tengyou Media on the Douyin platform, it is still necessary to reach a strategic cooperation between the two.

The maximum share that Douyin Group can give is 1%.

About 600 million US dollars, which is about 4.5 billion RMB.

Chen Pingsheng did not hesitate too much and immediately arranged for the legal department to sign a formal investment agreement.

Since then, he has owned 1% of the shares of this group.

Although 1% does not seem to be much, it can still be ranked among the top ten shareholders.

A group like this has raised funds countless times since its establishment.

The shares have been diluted almost.

He can buy this 1% because he has too many Internet celebrities, which is called half of the country.

Douyin Group will definitely raise funds in the future, and he can buy a little bit more in the process.

Not asking for more, at least 3%.

The proportion is similar to Pinduoduo and Meituan.

After the cooperation was reached, Chen Pingsheng still took a photo with him.

After the Tengyou Night ended, he went to Sun Liancheng for a drink.

It is expected that in another half year, at most by the end of this year, Tengyou Media will officially start its IPO.

Chen Pingsheng's starting valuation of it will not be less than 30 billion, and the market value of Tengyou Media will only increase in the next three years.

It is very likely to rise to the level of 100 billion, and he personally owns 80% of Tengyou shares.

It is an absolute controlling stake.

Most of the remaining 20% ​​are in Changfu's side.

Once Tengyou Media cashes out, he should not have to worry about money for five years.

This is really a day worth looking forward to.