How can I justify myself as a Magnate if I don't indulge myself?

Chapter 200 Wuyou Media_2



As the party who suffered a loss, he not only didn't get angry, but instead invited me with a smile on his face, and even apologized to me?

What was the reason for that?

Although Gu Heng had learned some business rules over a period of time, he had misunderstood this time...

In the business arena, interests are always the most important.

Gu Heng's strong intervention indeed caused a bit of loss to Wuyou Media, but such a loss was negligible for an MCN agency of such magnitude...

But what about Gu Heng?

He was the owner of a rising star company in the capital industry, not just any small boss. His first venture was a project worth 3 billion RMB, and he could also privately spend over 6 billion RMB in Europe...

It wasn't even halfway through 2024, and Gu Heng had already spent nearly 10 billion RMB...

Such a super tycoon, even without much overlap of interests, who in the business world wouldn't want to get acquainted?

Sometimes, business and political rules are quite similar.

Both involve having more friends and fewer enemies. Only a fool would walk around all day with his head held high, acting as if he was second only to the heavens...

Although the representative from Wuyou Media didn't know what Gu Heng was thinking, seeing that Gu Heng remained silent and just stared at him suspiciously, he had to speak again, "Mr. Gu, when will you have time? I would like to report back to our Mr. Lei...

Of course, if you are busy, Mr. Gu, it's alright, we understand that you must be very busy every day."

The representative from Wuyou Media, who was prepared to be refused, suddenly saw Gu Heng stand up.

"No need to wait for later, I am free now. You can tell your Mr. Lei that I will come over for a visit now."

Gu Heng, after all, was a media worker with two years of experience and clearly understood the value that "Wuyou Media" holds in the MCN agency industry.

Being an MCN agency that solely relied on TikTok and deeply focused on a single platform, Wuyou Media's influence was second only to the current top player in the broadcast business, "Three Goats."

As for why Three Goats were valued at 100 billion RMB, while Wuyou Media was valued at less than 20 billion RMB, hardly comparable even to a fraction of it? On one hand, Three Goats' valuation was hyped up by naive netizens claiming it was worth 100 billion RMB, but the actual worth, even if reduced by 90%, still had some fluff...

On the other hand, the difference was in profitability...

Three Goats' net profit exceeded 800 million RMB a year, with taxes reaching over 200 million RMB, while Wuyou Media, seemingly on par, lagged far behind in profitability...

Capital has a very clear line on so-called valuations, either you are like Alibaba in its early years, constantly losing money but with unlimited future potential, or you must have strong profitability.

And the ceiling for MCN agencies is just so high; there is no chance for breakthroughs or talking about the future, only profitability counts.

It was precisely because of this that such a vast gap in valuations between the two existed...

However, Gu Heng's interest in Wuyou Media was not because of the company's value but because of a phrase he saw online...

With millions of TikTok beauties, half belong to Wuyou Media...

Previously, he had neither the opportunity nor the capability to confirm this at Wuyou Media, but now that he had the time, Gu Heng certainly wouldn't miss out...

Seeing the representative from Wuyou Media not speaking, Gu Heng raised an eyebrow, "What? Is it not possible to go now?"

"Yes, of course! Mr. Gu, it would be our honor to have you visit Wuyou Media!"

Gu Heng, tired of their nonsensical flattery, waved his hand, "Then, let's cut the chatter and just go."

Having said that, he took the lead and walked out of the office... Explore more stories with My Virtual Library Empire

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...

Meanwhile, on the other side, Lei Yibin, who was conducting a routine meeting in the conference room, stood up immediately upon receiving the call from the employee who had invited Gu Heng to the Wuyou Media headquarters.

"Let's end today's meeting here. All senior management present should prepare; we'll have an important guest visiting shortly."

Although the senior executives were somewhat puzzled by Lei Yibin's words, none of them raised any objections.

It's inevitable...

Lei Yibin, though not outwardly impressive, was the sole dictator of Wuyou Media.

Not only did he control 99% of the company's shares, but his keen market insights were also incredibly sharp. Wuyou Media's rapid development into a top MCN agency in less than four years was largely due to his decisions.

It's no exaggeration to say that these executives were merely executive personnel, with hardly any authority, so of course they complied with Lei Yibin's orders.

While the many executives got up to make preparations, Lei Yibin called the director of the artists' department and instructed, "While you're at it, notify our 'high-performing' female internet celebrities to come down and greet the guests as well."

The so-called "high-performing" internet celebrities was just an underlying implication.

It merely referred to those who were attractive...

As a company known for producing beautiful internet celebrities, beauty was Wuyou Media's specialty. Whenever any big shot visited Wuyou Media, this was the usual practice, probably an unspoken rule...

It wasn't exactly coercion...

Most of those who ran to become internet celebrities did so hoping to become famous overnight and make a fortune.

If they could really win the favor of those big shots, it wasn't just beneficial for the company, but for the internet celebrities as well.

It could only be described as a win-win-win: the big shots got the beauties, the company got connections, and the internet celebrities got money.

Upon hearing this, the director of the artists' department was slightly taken aback, but quickly nodded in agreement. After some thought, he still asked, "Cheng Yuxin, Huang Yumeng, Liu Siyao are shooting a video together, should I call them too?"

"Call them, call everyone."

"Alright, I understand. I'll notify them right away."

After speaking, the director of the artists' department didn't dawdle but left the conference room to make arrangements according to Lei Yibin's instructions.

As he walked, he speculated silently about how important this "honored guest" must be, given that previous big shots had not caused such a stir.

Today, even the company's top moneymakers were called out. With Wuyou Media having only fourteen internet celebrities with over ten million followers, almost each of whom was treated like a treasure by the company, having considerable autonomy, Lei Yibin, a very decisive boss, usually treated them cordially, and would always ask their opinions before asking them to do anything; but today, he hadn't even asked for their opinions and directly had several of them stop working to greet the visitors...

The only explanation was...

Today's visiting dignitary was definitely extraordinary...

With this thought, the director of the artists' department decided to emphasize the significance of this visiting dignitary in the notification, to avoid any of them offending the visitor...

Although the company's internet celebrities were all cunning as foxes, with an abundance of craftiness, it was unlikely that such an incident would happen. But if it did occur, the greatest responsibility would lie with him...

30 minutes later, led by two ordinary vans, a blue Bentley Flying Spur drove into the Wuyou Media headquarters.

While under the robotics center building, Lei Yibin stood at the entrance with nearly ten executives and twenty to thirty female internet celebrities waiting...

After Gu Heng got out of the car, his first reaction was stunned...

He shouldn't have had any interactions with Lei Yibin, right?

Goodness, was he valued so highly?

Looking at the large crowd of welcoming people in front of him, there must have been forty or fifty people, right?

His second reaction was that it was a feast for the eyes...

Although the saying, "Among millions of beauties on Tiktok, half are from Wuyou," was an exaggeration, it still held considerable truth...

Especially given that Hang City, a city where beauties had emerged from Jiangnan since ancient times, and Wuyou's internet celebrities were selected from these beauties, there was no need to mention the aspect of attractiveness. At a glance, there were several girls whose beauty reached the level of Lin Jiayun and He Jing...

Some were even more beautiful than He Jing and Lin Jiayun...

And now, being summer, it was the season when women's outfits held the greatest appeal to men...

Glancing over, dozens of long white legs made an impact that was indescribable if not experienced first-hand...

No wonder so many people envied the boss of Wuyou Media...

Even Gu Heng felt a bit envious...

Living in that environment every day could probably add a few more years to one's life...


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