Rebooting the top stars, starting with Extreme Challenge

Once I remembered I had important business to attend to, traveling was out of the question.

After getting out of the bathtub and drying themselves off, the two went back to bed and fell asleep.

Silent all night.

The next day, the two had a simple breakfast and then headed to the airport to fly back to Beijing.

The meeting place arranged with Wang Sicong was at the headquarters of Beijing Wanxiang.

He has to go back.

As mentioned earlier, the purpose of this meeting with Wang Sicong was to discuss the Wanxiang live streaming platform.

This section will detail the Wanxiang Live platform under Jiang Chengyu's name.

Today, Wanxiang Live is a well-known name in the live streaming industry, belonging to the absolute top tier.

Even Douyu, which has emerged as a dark horse, is still a little short of Wanxiang.

This is a difference in fundamental background.

The reason why Wanxiang Live has reached such a scale is ultimately because Jiang Chengyu entered the market too early.

In 2012, when the live streaming industry was just emerging, Jiang Chengyu decisively took action, submitted his qualifications for review, and became one of the earliest live streaming platforms.

Looking back, the live streaming industry, after 12 years, truly has no rivals.

To put it slightly exaggeratedly, Jiang Chengyu could have mastered the live streaming platforms of that time with his eyes closed.

They had the first-mover advantage, were not short of money, and had the experience of future generations.

It would be strange if the Wanxiang live streaming platform didn't take off.

This year, Wanxiang Live's net profit is expected to be around 2.5 million yuan.

Of course, this is a result of benefiting from the industry's growth.

To put it simply, Wanxiang Live's net profit for the entire year last year was less than 80 million yuan.

Even setting aside any talk of foresight, the sheer volume of data reveals just how huge the live streaming industry is.

Logically speaking, Jiang Chengyu, who controls the largest live streaming platform in China, should be in the best position to ride the wave of success.

However, the truth is that Jiang Chengyu not only has no intention of riding the wave of popularity, but also plans to cash out and leave.

Or rather, Jiang Chengyu's initial purpose in creating the live streaming platform was to make money while the trend was hot.

However, Wanxiang Live's development later exceeded expectations.

But this did not prevent Jiang Chengyu from achieving his initial goal.

The reason why Jiang Chengyu had such thoughts was quite simple.

As a time traveler, he knew all too well the fate of the live streaming industry.

In the previous life, starting in 2015, the battle between live streaming platforms gradually began.

That's money wasted; Jiang Chengyu certainly couldn't afford to burn through it now.

Most importantly, after a fierce money-burning war, there are no winners in the end.

Douyin overtook them on a curve and swallowed all the fruits of victory. Where can you find justice in this?

Then why is Jiang Chengyu still playing along?

Making money is the most important thing!

On a side note, also in 2012, Jiang Chengyu gave Zhang Yiming a helping hand in his time of need.

Jiang Chengyu currently holds 30% of the shares in ByteDance.

However, Jiang Chengyu was already prepared for his shares to be diluted.

His bottom line is to hold 5% of the shares.

After all, the size of the pulsation of the Zi Jie (子节) in later generations is too large.

Jiang Chengyu can't afford to play this game either.

As for why he doesn't create a new juxtaposition mechanism himself?

Jiang Chengyu had considered it.

But you only realize how difficult it is when you actually have to do it.

Jiang Chengyu's current wealth is seen by outsiders as a result of his sharp insight, ruthless and decisive actions, and exceptional business acumen.

Only Jiang Chengyu himself knows that his current wealth was all acquired through foresight and shrewdness.

If you really ask him to start his own business... well, Jiang Chengyu has absolutely no confidence or assurance.

So, it's better to buy than to make!

Let's get back to the point.

In 2015, the wind began to blow.

Jiang Chengyu started preparing to cash out at the beginning of the year.

Jiang Chengyu originally wanted to attract those venture capital giants.

Who would have thought that as soon as the news was released, Wanxiang Live was targeted by Wang Sicong.

At that time, Wang Sicong had long been eager to get involved in the live streaming industry.

He has been planning to establish his own live streaming platform for a long time.

He didn't expect that, on the eve of the plan's implementation, he would receive news that Wanxiang Live was going to sell its shares.

This is the largest live streaming platform in China!

As the saying goes, it's better to buy than to make!

Given the valuation of Wanxiang Live, even with many competitors, how expensive could it be if we buy it at a premium?

But creating a leading live streaming platform from scratch is a long story.

Therefore, Wang Sicong took the information released by Jiang Chengyu more seriously than anyone else, and was more determined to obtain it than anyone else!

In addition, the funds he planned to use to create a live streaming platform were already in place.

Therefore, a deal worth 25 billion was finalized within two months.

Wang Sicong wanted to cut the Gordian knot!

The final result of the transaction was that Wang Sicong invested 25 billion yuan to acquire 70% of the shares of Wanxiang Live.

They have achieved absolute control of Wanxiang Live!

Of course, Wang Sicong alone could not possibly come up with this amount of money.

The source of this money is complicated.

But these things are none of Jiang Chengyu's business.

All he knew was that once the contract was signed, the 2.5 billion would be his!

Back in the capital, I spent a day resting and recharging.

The following day, at the headquarters of MixC in Wangjing, Jiang Chengyu met the legendary "national husband".

The two didn't exchange many pleasantries.

After all, every word of the contract they held was worth tens of thousands of dollars, so they couldn't afford to be careless.

Of course, the specific details of the transaction had already been discussed by the professional teams of both parties.

The significance of this meeting between the two was more symbolic than practical.

When they meet, they mostly talk about trivial details.

There are only two things that can be brought to the table.

The first thing to do is to set a time for a press conference to announce the change of ownership of Vientiane Live.

The second thing is to discuss the renaming of Wanxiang Live to Xiongmiao Live.

Communication is essential.

Even if the deal goes through and Wang Sicong takes over Wanxiang Live.

Jiang Chengyu also owns 30% of Wanxiang Live.

As the major shareholder, Jiang Chengyu still needs to maintain a certain level of influence.

He plans to make a profit from the remaining 30% of the shares when the live streaming boom reaches its peak in the next year or two.

Let's go back to these two things.

The matters are serious, but they are all easily resolved.

Jiang Chengyu has no other work. Apart from filming "Go Fighting!", he can cooperate at any other time.

So after a brief chat, the two set the time for the press conference for next Friday.

As for the second matter, Jiang Chengyu had no objection whatsoever.

Now, Wanxiang Live is no longer his.

Wang Sicong can call himself whatever he wants; it has nothing to do with him.

Go through the motions, finish discussing everything that needs to be discussed, and finally both parties sign the contract.

The moment both parties put down their pens, Wanxiang Live officially changed hands.

Finally, Jiang Chengyu took Wang Sicong for a tour of the Vientiane headquarters, and his work for the day came to a successful end.

Daily revenue of 2.5 billion yuan!

The thought of the RMB that was about to arrive filled Jiang Chengyu with excitement.

When the two were about to part ways, Jiang Chengyu even made a half-serious joke with Wang Sicong.

"Mr. Wang, I forgot to tell you something."

"What is it?"

"This building is also mine, remember to pay the rent on time every year."