"If you are Zhang Yiming......" Bao Fan said tentatively, "Will you sell TikTok?"

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

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

"There is news from the United States that some investors in ByteDance are discussing the possibility of jointly acquiring a majority stake in TikTok. Including Sequoia, Transatlantic, SoftBank, and NEA......"

Shen Feng nodded, if it was one of these institutions......

It's possible!

In the past six months, TikTok has been on a rampage, with more than 315 million downloads in the first quarter alone, which is higher than any app in the world, the proper ByteDance money printing machine.

Global revenue exceeded 90.7 million US dollars, equivalent to 635 million yuan.

Will Zhang Yiming sell his hard-working son to raise his own son?

Even Zhang Yiming participated in the negotiations, and if this idea is implemented, TikTok's current management will remain in place, including the new CEO Kevin, who will continue to take the lead. ”

Hearing this, Shen 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 that outsiders can access ByteDance's computer code and its content recommendation engine, which is the biggest risk.

Shen Feng sighed secretly, there is no way, the situation is stronger than people. Zhang Yiming is faced with a major choice, to cut the meat and sell TikTok, and bring in more international capital, so that it can become a truly international company in terms of equity structure, or completely localized.

I have to say that since its establishment more than eight years ago, ByteDance has always been the C position of VCPE at home and abroad, and it is still the most talked-about topic in the venture capital circle.

Back then, when Toutiao was just a product prototype drawn on a napkin, Wang Qiong, investment partner of Haina Asia, gave Zhang Yiming an angel round, which not only made today's ByteDance, but also made Haina Asia still the largest institutional shareholder of Byte.

Angel investors Liu Jun, DST, Source Code Capital, etc., have given Zhang Yiming absolute trust and support, starting from the C round of financing, it is difficult for investment institutions to buy headlines if they do not have enough strength......

Sequoia, Shunwei Capital, CCB International, General Atlantic......

In 18 years, it received $4 billion in financing, known as the Pre-IPO round by the outside world, and the valuation reached a key $75 billion SoftBank, KKR, Primavera Capital, and even Lao Ma's descendant Yunfeng Fund appeared behind the scenes.

The valuation exceeded 100 billion US dollars!

TikTok's sweep has made ByteDance the only company in China and Western countries other than Apple to have a daily activity of more than 100 million.

"Hey, who made this cake so fat, even the government can't look at it. Bao Fan joked: "In order to keep the overseas market, Zhang Yiming tried to separate TikTok from the parent company even more. ”

"Internal executives are rapidly building new corporate structures and separating TikTok from it in other ways, including setting up TikTok headquarters overseas and creating a separate board of directors between ByteDance and its overseas subsidiary, TikTok. ”

Shen Feng understands that such efforts have actually started a long time ago, and TikTok and Douyin have been independent early, and in the first half of the year, they completely migrated their international business overseas. Not only did it move out of its decision-making and functional research departments, but it also made a big change in the senior management team, and it also positioned servers overseas......

With major offices in the United States, the United Kingdom, India, and Singapore, it is headquartered in the United States and has established a second largest center in Europe......

Subsequently, offices were set up in Australia and other countries...... Fat Cat Literature Network

Everything represents TikTok and ByteDance trying to navigate the storm circle.

"I heard that Zhang Yiming asked Zhu Jun, vice president of product and strategy and former head of TikTok, to be appointed head of strategic investment. ”

"I also secretly bought a few small mutual gold licenses......"

After listening to the inside story of Bao Bao's inquiry, Shen Feng couldn't help but smile and said: "This is to increase the domestic rhythm!"

It's normal to think about it, when you go to sea and encounter force majeure, take 10,000 steps back and say, if you really can't do it, it's a big deal to sell it, it's easy to spend tens of billions of dollars, but the domestic base camp must not be lost!

"The next step is education, as well as games, e-commerce live streaming, e-commerce, ToB and other fields. ByteDance has always been running multiple businesses and multiple lines of the same business at the same time."

Bao Fan joked: "Giants are all masters of time management!"

Micro-loans, insurance brokers, and securities investment advisors understand Chedi through its products to enter the auto finance market......

Sign up for my first installment, multi-flash payment, light chestnut installment, byte payment......

ByteDance is sneaky, but there is no less darkness.

Shen Feng smiled, of course, this is not a secret for insiders, there is no impermeable wall.

Of course, I went to Ningxia to toss the license, but I was closed......

Now that I have smashed 1.1 billion yuan to buy land and build a building in Shenzhen, I finally got my wish?

Of course, there are only three licenses at present, which is not outstanding among Internet giants. In addition to insurance brokers and small loans, BAT, JD.com, and Meituan often hold third-party payment, virtual banking, consumer finance, and corporate credit ......

Wanli has now completed two of them.

"Even Ali Tencent has to continue to tell good stories to investors, not to mention that Zhang Yiming has not yet been listed. ”

Bao Fan said with a smile: "There is no shortage of money in your hand, you must cast a wide net, dig a pit if you have nothing to do, bury a seed, count one, two, three, four, five......"

"Maybe then a towering tree will grow, right?"

Shen Feng waved his hand, and the venture capital circle is also a network of people to put it bluntly. You voted for me at the beginning, and now I support you.

Zhang Yiming is also an LP of Source Code Capital, and the sympathy between him and Cao Yi is also a model for investors and entrepreneurs to support each other.

Toutiao, which has been active for millions of days for 13 years, began to look for Series B financing, but hit a wall everywhere. It is said that at that time, Zhang Yiming visited more than 30 VC institutions one after another, and no one was willing to vote for him even if he was dumb.

It was in this round that Cao Yi, who was still at Sequoia Capital at the time, pushed today's headlines at the internal meeting, but it was not passed. This is also something that Shen Nanpeng felt a pity when he thought about it later-he was late!

Cao Yi, who left Sequoia, founded Source Code Capital on his own, and successfully raised $100 million in the first phase of the fund. The first one smashed 5 million US dollars in today's headlines, and later it will be added whenever there is an opportunity.

What's even more interesting is that the LP behind the first phase of Source Code Capital's fund, in addition to Zhang Yiming, actually has Meituan Lao Wang!

In other words: this is a person who can organize a game to pull ByteDance and Meituan together to drink and chat!