Chapter 349 Two Poor Bosses

Actually, compared to internet celebrities, live streamers seem to have more stable careers.

As long as you don't do anything reckless and your public image doesn't collapse, you can at least maintain a certain level of popularity.

However, it is very difficult for live streamers and internet celebrities to become popular, unlike internet celebrities who can spread everywhere.

Basically, all well-known streamers have a core meme.

Finding a core joke is very difficult because subsequent content creation must revolve around this core joke, which inherently limits its scope.

Internet celebrities may become wildly popular for a few days, but after a month or two, if they can't maintain the output of their core memes, they will gradually fade into obscurity.

The same applies to streamers. However, if a streamer can become popular through a core meme, it means that they have already integrated with the meme, and their daily output is essentially a continuous output.

It's difficult to cultivate a top streamer with a core catchphrase, but creating a popular streamer is no problem at all.

The competition for streamers on live streaming platforms is currently at its peak, especially for streamers of the most popular FPS game, where major platforms are offering extremely high prices.

In the world of game streamers, going from obscurity to instant fame can often be achieved with just one opportunity.

It could be about perfecting a tricky technique, like the suicide rush.

A person can be completely established by a bizarre video, or they can resonate with others by delving into social pain points through things unrelated to games.

Of course, the most mainstream and accessible approach is to simply spend money.

In a few years, with the decline of major live streaming platforms and ByteDance no longer paying signing fees, streamers will resort to all sorts of unscrupulous means to gain popularity and traffic.

Only with more traffic can you make money and get business orders.

Only by gaining traffic can the entire system operate; otherwise, even the biggest streamers will find it difficult to make money.

This year and next year can be considered the last glory of live streaming. With the lack of improvement after Douyu's listing, and its shady practices such as online gambling and money laundering, live streaming platforms can no longer offer those popular streamers annual salaries of tens of millions or even hundreds of millions.

So, after Mi Xiaofan took the initiative to focus on her team's affairs, Lin Lang's demands on her to do live streaming were not so strong. Even if she could earn tens of millions in the next two years, it wouldn't affect anything.

Talent is always the most valuable asset.

Being willing to build a large team is definitely better than having someone else set everything for you.

The value of things created by others is limited.

Mi Xiaofan may not be particularly capable, but as long as he maintains a mindset of independent development, the value he generates will definitely be much higher than a fixed amount of tens of millions.

Because Lin Lang has everything the platform provides, and for the time being, there is no one around Lin Lang who can replace her.

Or rather, no replacement is needed.

During the expansion phase, every employee with the ability to lead a team is a rare commodity, and you won't feel like you have too many even after eight or ten years.

……

Wang Bo is an internet addict.

I failed the high school entrance exam and went to a vocational high school, after which I just drifted along aimlessly.

He couldn't stand the hardship of working in a factory tightening screws, so he basically spent his time online, helping people with orders or occasionally doing part-time jobs. Most of his income went to internet cafes.

Essentially, he and Lin Hui are the same kind of people.

However, he is different from Lin Hui; he likes to use his brain to scheme and plot.

For example, you can use your brain to play games and earn some money through them, usually a thousand or two a month.

I usually get along well with the people I meet through games, and I know how to use my brain to get some benefits for myself.

He couldn't endure the hardships Lin Hui faced in the factory, but Lin Hui couldn't learn his personality either.

When Lin Hui asked him the day before yesterday if he wanted to become a game streamer, he didn't agree immediately. After all, he knew that being a streamer wasn't easy, and becoming famous was even more difficult.

However, this incident also aroused his desires.

Many people in the county know about Dayu Media, especially young people.

Mi Xiaofan, who has millions of followers, is quite famous in the county and has signed with Dayu Media.

He also followed Mi Xiaofan, a super beautiful girl, an absolute internet goddess.

He tossed and turned, and suddenly lost interest in many things.

Once a person's desire arises, it's like not being able to sleep in the middle of the night and finding that the cigarette pack is empty, or like having bought cigarettes but having a broken lighter.

That agonizing feeling caused him immense struggle.

Ultimately, he made the decision to give it a try.

Even if he starts as a small-time streamer, as long as Big Fish Media is willing to give him some resources...

So, the day before New Year's Eve, he came to Big Fish Media.

A young man greeted him and presented him with a contract that had been prepared beforehand.

“Wang Bo, let me explain our contract to you. You can also consult a lawyer about this contract. The most important part of the contract is about the resources that Dayu Media will invest in you… Dayu Media plans to invest five million in you in the first month, and no less than one million per month thereafter.”

"What? Five million?"

“You and my brother Lin Hui are good buddies, so I definitely won’t treat you badly. I will do my best to train you to become a top-tier streamer. Therefore, I will provide you with all kinds of resources.”

"what?"

Wang Bo was deeply shocked when he heard this, and his legs even trembled uncontrollably.

Such a large amount of resources right off the bat?

Just because I know Lin Hui?
Moreover, the person in charge of Big Fish Media in front of us is actually Lin Hui's brother?
When did Lin Hui's family get such powerful relatives?

"Um... Brother Lin?"

"Yes, you can call me that. I'm a year older than you."

Wang Bo said, "Brother Lin, the company is giving me so many resources, there must be many conditions involved, right?"

"There are definitely conditions, but our Big Fish Media has signed many locals, and all the conditions are reasonable and legal. Let me explain them to you."

"okay."

Lin Lang said, "Our responsibility and obligation at Big Fish Media is to invest resources in you. Every resource invested is accounted for. If you have any questions, you can contact the company at any time to check, to ensure that the company will not inflate the accounts or claim that it spent one million on you but reported three million."

"understand……"

"Next comes your related responsibilities and obligations. In terms of work, you must follow the script the company assigns for your live streams, and you must also follow the relevant live stream arrangements. For example, you must stream for several hours each day, and during the live stream, you must know what you can and cannot do, and what the basic qualities of an internet celebrity are… Secondly, there's your income sharing. Because the company's initial investment is relatively large, your income sharing will initially only be 10%. That is to say, if you earn one million, you will only receive one hundred thousand before tax. The company will withhold taxes on your behalf, mainly to prevent individual tax evasion and illegal activities that could cause losses to the entire company."

Once your income gradually covers our monthly operating costs, the revenue sharing ratio will be adjusted to 30/70: you get 30% and Big Fish Media gets 70%, until your income completely covers all of Big Fish Media's costs. After that, if Big Fish Media continues to participate in revenue sharing, it will be 70% for you and 30% for Big Fish Media after deducting the monthly operating expenses.

Can you accept this revenue split?

"Yes, I can accept it!"

Wang Bo felt this was already an incredibly generous treatment, considering that Dayu Media had immediately intended to cultivate him as a top streamer. The five million yuan operating cost for the first month was already written into the contract and would not be changed.

"Let's talk about the breach of contract. The main breaches are failure to meet the contractual requirements, such as not completing the required live streaming hours and not broadcasting according to the company's content. There's also the violation of the exclusive contract, as you signed with another company after signing with our Dayu Media. Then there are the legal issues, such as broadcasting content that violated regulations, causing huge losses to the company... The penalty for breach of contract is ten times the company's operating costs. This is the standard in the market, so you can refer to it."

Upon hearing this, Wang Bo nodded in agreement without much thought.

He quickly realized that as long as he became famous, he wouldn't need to leave Big Fish Media. After all, Big Fish Media had invested a lot of money in him, and even if he earned 500,000 yuan a month, he didn't know how many years it would take to pay it off.

Even if I only take a 1% cut, that's still 50,000 yuan.

If the business becomes even more successful, for example, earning a million a month, it still won't be able to pay off the company's costs in the short term, but it will be able to get about 30% of the profits, which is 300,000.

This is enough.

He never imagined he would encounter such an opportunity in his life.

As for earning two or three million a month? He hasn't thought about it yet; that would be wishful thinking. Not many streamers can reach that level.

"The contract term is twenty years... After all, the company has invested a lot, and I hope you can understand that."

"I understand, I understand..."

"Okay, take a good look at the contract first. I've already set up the live streaming room for you. You can start the live stream as soon as you sign the contract."

"Huh? It's starting so soon?"

"This timing is good, and it also lets you see the resources that Big Fish Media has invested in you, so you won't worry."

……

Wang Bo left with the contract, and Yan Li came over and asked, "I feel like you're going to lose money."

"Haha, there is indeed a risk of losing money. For example, if the company invests a lot of money in a short period of time, he might just quit and run away. Even if you call the police to hold him accountable, he won't have any money to pay, so you'll lose money. But the possibility of him coming here today is very small. Besides, there's no such thing as a sure-fire way to make money in this world, and I'm not going to be in that situation."

"Isn't finance all about making a sure profit for you?"

"Who said that? Tianjin Global Selection lost money today, didn't it?"

"What about over a longer timeframe?"

"Timeline is a false concept. If I extend the timeline, I might lose even more money in the future. By the way, lend me some money."

Yan Li: "..."

What's going on? Why are you asking for money right away?
Lin Lang: "The company's finance department isn't very available today. A lot of funds haven't arrived yet. Can you lend me two million to tide me over? I'll pay you back after the New Year."

"Okay, I'll borrow it from my mom."

Yan Li is also short of money recently. After establishing Tianjin Capital, she only had 20 million yuan left. Subsequently, the fundraising for Tianjin Hybrid Selection fell short of expectations, and she invested more than 10 million yuan of her own money, leaving her with only a few million yuan for emergencies.

It cost over a million yuan to buy Xu Xiuyun a bracelet, and now we've spent over three million yuan in total, and we can't even scrape together two million yuan.

Lin Lang: "No, you're the CEO of Tianjin Capital, worth billions..."

"Aren't you too?"

Lin Lang really couldn't come up with any more money. He couldn't just take out the 1 billion yuan he borrowed from the bank to spend casually. Besides debts and investments, there wasn't much money left in the accounts of Dayu Media.

Originally, Qingguo Reading was his personal stash of money, but with Yang Xi's involvement, he saw hope for expansion and directly merged it into Juhe Group, so he could no longer receive any money from it.

"Sigh, Tianjin Capital should hurry up and go public. Once it's listed, we can find opportunities to distribute dividends and take some money to spend..."

Lin Lang would definitely not want to have his blood drawn now, and the funds are being used very efficiently.

Next year or the year after, when the funds are used less efficiently, some can be taken out and spent under the guise of dividends.

"If you need money, I can borrow some from my mom. She has some money on her hands..."

It's not convenient to touch Yan Keming's money right now, since so much has already been lent out, and mishandling the funds could easily trigger financial risks.

But my mom still has money.

Do you have US dollars?

Lin Lang still has tens of millions of US dollars in Bitcoin futures positions.

Initially, as agreed, he borrowed over nine hundred US dollars from Shen An'an.

He immediately went long on Bitcoin contracts, and after nearly a month, he discovered that Bitcoin had not bottomed out at all; in fact, it had risen significantly.

With the leverage of ten times, the nine million dollars became more than twenty million dollars.

Because it hadn't bottomed out, Lin Lang immediately went short. As soon as he finished the contract, Bitcoin plummeted from over $4,200 to $3,600, and is about to bottom out.

Lin Lang is already preparing to reverse his position and go long.

The funds in his account are now close to fifty million US dollars.

Although the leverage is very high, and the risk is uncontrollable for others, it is not a problem for him.

Moreover, the overall amount of funds is not large, so it cannot affect the overall market trend.

Even a little more money wouldn't be a problem.

"Uh...yes, but transferring US dollars in is a bit complicated."

"No need to transfer it in. I have a dollar account, so just transfer it into my dollar account."

Transferring large sums of US dollars involves too many procedures, and neither Lin Lang nor Tianjin Capital currently has a strong foreign exchange settlement channel.

Of course, if you really want to do it, there are definitely ways, after all, it's just transferring in, not transferring out.

However, apart from having to go through a few more procedures, there are no other benefits at present.

"Then let me ask?"

"Okay, okay, it would be great if we could have twenty or thirty million US dollars."

Yan Li: "..."

(End of this chapter)

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