The hotel manager couldn't help but glance at him again.

Many people have come to Caesars Hotel these days looking for investment opportunities from Shen Ze, but most of them can't even be met in person.

Wang Xiaolong being allowed to go upstairs already puts him ahead of the vast majority of people.

Shen Ze stepped into the private elevator and instructed his secretary, "Retrieve all of Douxin's operational data."

"I need to see user data, financial statements, equity structure, debt situation, and the exit conditions of existing investors."

"Delivered to the office within ten minutes."

The secretary nodded immediately: "Understood."

Wang Xiaolong stood to the side, his heart pounding with anxiety.

The ability to access all the core information about a platform in ten minutes demonstrates an efficiency and resource utilization far exceeding that of ordinary investors he had previously encountered.

Not long after, the complete information was delivered to Shen Ze.

The claim of seven million daily active users on Douyin is not fabricated.

The average user time spent and retention rate are both quite good, and the number of new users is still growing rapidly.

There's only one problem: no money.

The platform lacks a mature Google system and other revenue streams, yet it burns through 40 million every month.

The original investors have all withdrawn their investment.

Based on its current financial situation, Douxin can only sustain itself for a maximum of one month.

A month later, without new funding, the server costs and employee salaries could not be paid.

Wang Xiaolong sat across from the desk, his hands clasped tightly together.

"Mr. Shen, Douxin is only short of transitional funds."

"Fifty million."

"If you invest 50 million, I can give up some of my shares."

"Once the platform's user base continues to grow, it will definitely be able to secure a higher valuation in the next round of financing."

Shen Ze closed the document: "I refuse."

Wang Xiaolong's face turned pale instantly. He had originally thought that Shen Ze's willingness to access Douxin's information meant that he was at least interested in investing.

But as soon as I finished looking at the information, the other party refused outright.

"Mr. Shen, if 50 million is too high, the amount is negotiable."

"It's not that I think it's too high."

Shen Ze leaned back in his chair: "I do not accept equity participation."

Wang Xiaolong was stunned: "What do you mean?"

"Full acquisition".

The office fell silent immediately.

The secretary looked up at Shen Ze, and the hotel manager next to her also looked surprised.

Douxin is losing 40 million yuan every month, and all the original investors have withdrawn their funds, putting it on the verge of bankruptcy.

If an ordinary investor can come up with 50 million to keep the company afloat, they will inevitably demand a large number of shares and control.

Shen Ze, however, did not want a portion of the shares; instead, he planned to buy the entire platform outright.

Wang Xiaolong, breathing rapidly, said, "President Shen, I founded Douxin."

I understand your feelings.

Shen Ze calmly said, "But emotions can't cover server costs or pay employee salaries."

"Without my money, Douxin will go bankrupt in a month."

"By then, your shares will be worthless."

Wang Xiaolong's expression kept changing. These words were direct, but every single one was true.

No investors are willing to take over Douxin now; 50 million is no small sum.

Moreover, 50 million can only keep the platform afloat for a little over a month at most, after which it will need to raise more funds.

"I can accept a full acquisition."

Wang Xiaolong gritted his teeth: "But the price cannot be less than three hundred million."

The hotel manager next to him gasped in shock. A platform on the verge of bankruptcy, losing 40 million yuan a month, actually dared to ask for 300 million yuan.

The secretary frowned slightly: "Mr. Wang, Douxin is currently insolvent."

"Seven million daily active users is value!"

Wang Xiaolong looked up: "These users can't be bought with money immediately."

"The platform's technical team, algorithm accumulation, and content ecosystem have all taken initial shape."

"The 300 million yuan is not for buying a loss-making company, but for buying a future traffic portal."

Shen Ze looked at him: "Two hundred million."

"Mr. Shen, three hundred million is already the lowest price."

"Then you can continue to look for other investors."

Shen Ze glanced at the time: "You have twenty minutes left."

Wang Xiaolong's forehead gradually broke out in a cold sweat; he had already searched for every investment institution he could contact.

After hearing that Douxin was losing 40 million yuan every month, everyone was asking the same question.

How to make a profit?

Wang Xiaolong couldn't answer.

Nobody is willing to spend hundreds of millions of yuan to gamble on a platform that even the founders don't know how to monetize.

Shen Ze is his only chance right now.

Time ticked by, and Wang Xiaolong tried to speak several times, but he was unwilling to give up the last 100 million yuan.

Shen Ze did not urge him, but simply lowered his head and continued to flip through the documents.

This silence, however, only brought more pressure.

Five minutes later, Wang Xiaolong finally couldn't hold back any longer: "Two hundred million is fine."

His voice was hoarse: "But I have one condition."

"explain."

"After the acquisition, the current core team will be retained."

Wang Xiaolong looked at Shen Ze: "They've been with Douxin until today, and they haven't left even after months without receiving their full salaries. I can't let them all lose their jobs after I get the money."

"Can."

Shen Ze agreed readily: "You will continue to serve as the general manager of Douxin, responsible for the platform's daily operations."

Wang Xiaolong suddenly looked up: "You still want me to manage it?"

"You were able to get seven million daily active users on Douyin, which proves you have the ability."

Shen Ze pushed the acquisition agreement in front of his secretary: "Prepare the contract."

The secretary immediately contacted the legal team.

Half an hour later, the complete acquisition agreement was delivered to the office.

Wang Xiaolong picked up the pen, his fingers trembling slightly.

Douxin is a platform he poured his heart and soul into building. Now that he has signed his name, the company no longer belongs to him.

But if they don't sign, Douxin will go bankrupt very soon.

If employees don't receive their wages, the servers will stop running, and ultimately, all seven million users will be left with nothing.

He took a deep breath and signed his name on the last page of the contract, and Shen Ze followed suit.

The 200 million yuan acquisition payment was quickly transferred, and Wang Xiaolong stared at the screen for a long time when he received the notification on his phone.

With 200 million yuan, Douyin survived.

The staff members in the office looked at each other, their faces filled with undisguised shock.

From meeting to signing the contract, it took no more than an hour.

The acquisition of 200 million yuan was thus completed.

The secretary looked at Shen Ze with awe.

Others would need months of meetings, reviews, and evaluations to handle an investment of this scale.

Shen Ze quickly saw through Douxin's true nature and reduced the stake from 300 million to 200 million, acquiring all the shares.

Wang Xiaolong put away his phone, his mood still complicated: "Chairman Shen, there's something I just can't figure out."

"Douyin has seven million daily active users, and users spend a lot of time on the platform every day."

"We've tried Google Play, memberships, and paid content, but the results haven't been ideal."

"Too many GGs will affect the user experience, and too few people will pay for memberships."

"You spent 200 million to acquire Douyin, how do you plan to monetize this traffic?"

The secretary and the hotel manager also looked at Shen Ze.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like