Before his rebirth, Jiang Cheng had already witnessed TikTok's terrifying money-making speed.
In just a few years, it had transformed from an obscure platform into a top-tier domestic internet giant.
Therefore, in the years to come, TikTok will undoubtedly be the most significant wealth opportunity for investors to seize.
Whoever secures an investment in TikTok at this stage can at least guarantee a lifetime of luxury for decades to come.
However, Jiang Cheng naturally wouldn't mention this to Wang Congcong.
While Jiang Cheng alone certainly couldn't swallow a cake as massive as TikTok,
the person in front of him was the son of the richest man.
If he were to compete with him, he would undoubtedly be a formidable rival.
Let's put it this way: there's no room for sentiment in business, let alone with Wang Congcong, whom he had only met twice.
Jiang Cheng wasn't stupid; he naturally couldn't just reveal this kind of information to him.
Jiang Cheng recalled ByteDance's financing history: On March 9, 2012, ByteDance received an angel round investment of several million RMB.
On July 1, 2012, ByteDance secured 1 million USD in Series A funding from the Nahai Venture Capital Fund.
On September 1, 2013, ByteDance obtained 10 million USD in Series B funding from DST and 360.
On June 1, 2014, ByteDance received 100 million USD in Series C funding from Sequoia Capital, New Social Media Platform, and Source Code Capital; at this time, the company's valuation reached 500 million USD.
ByteDance would launch its fourth round, Series D, in December 2016.
At that time, ByteDance would exchange a 9% stake for 1 billion USD in external financing.
After this round, ByteDance's market valuation would directly reach 11 billion USD.
The next round would be in '17, when it would receive 2 billion USD in financing, bringing the company's valuation to 22.222 billion USD.
The 2017 financing round was the next opportunity Jiang Cheng could seize.
By 2023, before Jiang Cheng's rebirth, ByteDance's market valuation reached over 400 billion USD, making it the largest internet giant in the country.
So even if Jiang Cheng could only obtain a 1% stake in ByteDance now, it would be worth 3 to 4 billion USD in the future.
It was simply terrifying!!
Although Jiang Cheng had the system now, he naturally wouldn't pass up such an opportunity to pick up free money.
There were still a few months left before ByteDance's financing round.
This news definitely couldn't be known by anyone else.
In 2017, short video platforms were still in a stage where a hundred flowers bloomed; at this time, there were Kuaishou, Meipai, and other short video platforms.
Although TikTok was far from monopolizing the market and standing out like it would years later, it had already begun to show its potential, with a faint trend of surpassing other short video platforms.
Although Jiang Cheng couldn't shell out 2 billion USD for now, he still had a [Sons and Grandsons] card that he hadn't used yet.
"When the Host's Sons and Grandsons are consumed by a young lady with a beauty score higher than 90, the Host will receive one-tenth of the quantity of Sons and Grandsons, multiplied by the other party's satisfaction level, to calculate the final cashback."
One should know that a man typically releases 2-6 milliliters of descendants at a time, with 20 million descendants per milliliter. If he rested and built up his strength, he could probably release at least 100 million or so.
One-tenth would be 10 million, multiplied by 100% satisfaction; he could get at least 1 billion in cashback from a single time.
After using this card, Jiang Cheng would still have to find ways to get money from elsewhere.
Thinking this way, Jiang Cheng could only smile and say, "That's pretty much what it means. After all, the platform is where the real money is."
"But the current platform capital is already saturated. No matter how much money you have, you can't enter the market now. Take the most impressive ones like Social Media Platform or Penguin; they don't need investment anymore. Building a new platform from scratch would probably be quite difficult. After all, that's a different story from running a live streaming platform. You can't start an internet business without billions," Wang Congcong replied.
"Yeah, so now we can only look for new platforms and new opportunities," Jiang Cheng said, smoothing things over.
Seeing Jiang Cheng being evasive, Wang Congcong's eyes darted around as he thought about asking further, but unexpectedly, Qi Yuan came over again.
"I say, you two, there are so many Girls here, and you're still whispering together? Come over and have a drink," Qi Yuan said loudly.