Reaching the age of thirty, my income randomly doubled

Time drifts slowly by.

Luo Shihao still received the acceptance letter from Tengfei's HR department three days later.

The position starts as a Level 2 Engineer.

Whether he excitedly ran to tell Chu Ting, Chen Pingsheng did not know.

But one thing is certain, more and more people have been submitting resumes to him this year.

It's nearly June, the graduation season.

In just the past half-month, Tengying Group alone has received over 150,000 college resumes.

That's not even the peak, which usually falls between June and July.

From this data, two issues can be clearly identified.

One is that there are more and more college graduates, at least ten million each year.

And yet, the availability of good jobs is continually decreasing.

With this imbalance of supply and demand completely disrupted, the value of college graduates is also declining.

They are not even as valued as those who learned technical skills right after middle school.

The state has started initiating diversion plans, urging more to switch to technical careers right from middle school or high school.

This also means that the country simply cannot accommodate so many college graduates each year.

Their future... is an unclear dream.

As the temperature gets hotter, the central air conditioning in the group is still very effective.

Additionally, Tengying's headquarters are located in The Bund, the most bustling part of Magic City.

From here, one can quietly observe the Huangpu River and overlook the entire Magic City.

After Zhang Wanyi left, competition within the secretary group remains fierce.

Meanwhile, college beauty Lin Qiunan has already started her daily duties as a personal secretary.

She hasn't yet managed to engage with roles like the President's Special Assistant, but she meticulously attends to lifestyle and detail.

Lin Qiunan wore a white shirt, a blue hip-hugging skirt, and black stockings.

In college, she was a goddess out of reach for many, yet now, she is serving tea and water.

After Chen Pingsheng sipped his tea, he turned to check the email sent by Zhang Wanyi.

It roughly outlined the development of Douyin short videos this year.

As well as Tengyou's overall plans for the next half-year, or even the whole year.

In the summer of 2018, Douyin fully embraced an era of explosive traffic.

In ten people's phones, at least seven had downloaded Douyin.

And the amount of leisure time spent on it has even surpassed that of the nation's top social media app.

WeChat.

This brings enormous pressure to Tencent while offering boundless possibilities for Teng You Media.

To be specific, Tengyou is divided into three parts.

The first part is cultivating major internet stars.

This mainly revolves around earning money through advertisements, as Douyin has not yet launched its own selling features.

It's projected that by the end of the year, Douyin will start focusing more on monetization.

And the future of these internet stars will largely be driven by sales.

Another part consists of guild livestreams fueled by user donations.

This segment is the most chaotic.

If you donate to a few top contributors, you can easily get involved with a female host.

Chen Pingsheng seriously suspects that those laid-off from Dongguan have now turned to livestreaming.

This inflates the market even more while driving up the usage price of shared bikes.

A twenty-year-old lady that could be easily approached with just 200, after appearing online, won't engage without donations of thousands.

She would rather stay idle than deal with your modest golden cudgel.

This area is unmanageable and beyond restraint.

Everyone simply turns a blind eye.

Apart from these two, there's also corporate cooperation to generate flows for companies or brands.

These are the major parts for now.

The most profitable at present is clearly the guild livestreaming.

Because there really are fools who, rather than living a decent life, choose to give up their hard-earned money

to those broadcaster girls.

Tengyou's registered female hosts number over 30,000, spread across twelve major cities nationwide.

The revenue from this segment alone nets at least seven to eight hundred million a year.

Truthfully speaking, with his current social status, if he wanted to be with those campus beauties,

he could have a different one every day for ten years without repeating.

Getting them is easy, it's controlling himself that's hard.

From what he could see, after secretary Zhang Wanyi left, she was very dedicated to organizing Tengyou's tasks.

"Chen, here's some fruit prepared for you."

"Hmm, set it over there."

Lin Qiunan gently placed the fruit plate beside him, not sure what the big boss was busy with, but he had refused many people's request for meetings.

Among them were quite a few significant local figures.

Teng You Media grew alongside Douyin, their relationship was like that of a husband and wife in ancient times.

They had to support each other.

To further consolidate Teng You's absolute position in Douyin, Chen Pingsheng still picked up his phone to call Zhang Yiming.
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To discuss a collaboration.

Zhang Yiming had been incredibly successful in the capital market in recent years, many big shots who missed out on him are now beating their chests in regret.

Chen Pingsheng did not feel that way, having come across countless opportunities on his journey.

Moreover, at that time, he didn't have extra cash to invest in Zhang Yiming.

Speaking of BAT, the trio of internet giants, that is an old term.

Now, Baidu clearly lags behind, unable to keep up with Tencent and Alibaba.

And the most likely contender to surpass Baidu is none other than the glasses-wearing, gentle Zhang Yiming.

Chen Pingsheng's current social status certainly is not lesser than his.

But that could change in a few years.

After all, Douyin has just started rising, whereas he already has seven or eight companies listed with a market value exceeding ten billion.

And one of them, Tengying Entertainment, flaunts a market value of over 150 billion.

These are figures that the current Zhang Yiming can't match.

Thus, the location Chen Pingsheng chose to meet was still in Magic City.

His intention was simple: to offer 30% of Teng You Media's shares for further cooperation.

Zhang Yiming could purchase with cash or exchange with shares of Douyin.

One being a platform and the other being the largest internet celebrity economy under the platform.

If Chen Pingsheng does not collaborate with him this time, Zhang Yiming might limit his traffic in the future.

Teng You Media is susceptible to restrictions.

For long-term considerations, this collaboration had to be finalized before Douyin really takes off.

Douyin's current valuation is a staggering 70 billion US Dollars, anyone can see there's an element of overvaluation in it.

Chen Pingsheng valued Teng You Media as a whole at 45 billion.

While that also seems high, one must know he owns nearly half of the major internet celebrities across the platform.

Including 30-40 thousand guild broadcasters.

The supporting businesses include Tenghui Department Store, Clothes Warehouse No. 9, Busy Snacks, Bobo Milk Tea, Antler Coffee, and a series of other large-scale enterprises.

It is fair to say, once Douyin decides to carry out merchandise sales,

with a simple command from Teng You Media, it could accelerate its growth by at least two years.

Because he has the most comprehensive physical supply chain.

In first and second-tier cities, delivery can be achieved within one day.

This is the most valuable capability of Teng You, and also something Zhang Yiming must consider.

Douyin, being so prominent, cannot avoid entering e-commerce.

To venture into e-commerce means digging into Alibaba's roots, and with his assistance, it would obviously be much faster.

Both parties have a lot of common interests, which are prerequisites for collaboration.

Zhang Yiming proposed to use share exchange as the method to complete this collaboration.

Chen Pingsheng completely agreed.

He didn't lack cash now; what he lacked was a longer-term plan.

The two talked for an entire week.

Eventually, they exchanged 30% of Teng You shares for 2.5% of Douyin's shares.

It could be said that he was slightly at a disadvantage.

Because Teng You's valuation was pressed down to 40 billion, while Douyin didn't lose a cent.

Zhang Yiming firmly believed that Douyin's future, not only surpassing Baidu, but surpassing Tencent was also possible.

Alright then... since he was so confident.

Chen Pingsheng simply conceded.

He exchanged 30% of Teng You shares for 2.5% of Douyin.

Once their collaboration was achieved, no similar internet celebrity economy companies could surpass them in the next decade.

The wise ones strategize... this was probably what it meant.

The transaction was completed, and he became the seventh largest shareholder of Douyin.

Only preceded by Zhang Yiming, Sequoia Capital, SoftBank, Atlantic Investment Company, Carlyle Investment.

And Hillhouse Capital.

Being ranked seventh among these was indeed remarkable.

Anyway, Chen Pingsheng himself was quite satisfied.

Up to the present, he had invested in four major enterprises.

Namely Meituan, Pinduoduo, Tesla, and Douyin.

And the shares were mostly around 3%, only Douyin reached 3.5%.

In the coming years, with these large groups supporting him, his personal assets would only continue to rise.