Transmigrating Through the Heavens: Starting with the Silly Pillar of the Courtyard

Chapter 184 TikTok Launched with a Valuation of Hundreds of Millions of Dollars

In the presidential suite of a five-star hotel in New York, Julie, president of Black Angel Investments, emerged from the bedroom wearing a white nightgown.

"Wu, has something happened back home?"

"It's nothing, just a minor issue, it's been resolved."

As Wu Tao spoke, he went over and grabbed the other person, and the two of them fell onto the sofa and began to kiss.

Wu Tao had always been very interested in CEO Julie. Initially, through a headhunter's introduction, Wu Tao had several excellent candidates to choose from for the CEO position at Black Angel Investment Company.

Ultimately, Wu Tao chose Julie to be the president of Black Angel Investment Company. Besides her excellent resume, which was just as impressive as everyone else's, it was also because of her beauty.

Wu Tao doesn't care about the rule of "a rabbit doesn't eat the grass near its burrow." In his mind, any rule can be rewritten if he wants to.

Besides, Jolie has already earned him close to $800 million.

For such a capable and beautiful subordinate, Wu Tao felt that in addition to giving her generous compensation, it was also his duty as a boss to satisfy her physically.

At least Julie is quite satisfied with her boss's reward now, after all, she has achieved both fame and fortune.

Black Angel Investment Company offered its president, Julie, an annual salary of two million US dollars, in addition to the bonuses promised by Wu Tao.

President Julie has now received a bonus of $80 million, and with her original savings, she has officially entered the circle of billionaires.

With her wealth and fame, Angelina Jolie must be very satisfied with her current situation, especially since her boss came to America and developed an even closer relationship with her.

Julie originally approached it with a "let's give it a try" attitude, since she wasn't a young girl anymore, and she just wanted to thank the boss for his generosity.

President Julie had always thought that Asians were inferior to whites in this respect, but after an exchange, Julie was greatly surprised.

The boss's power was so irresistible to Julie that even though she was just putting on an act to appease him, she didn't need to show any acting skills at all.

The boss has completely won over Julie, and now Julie is completely convinced of Wu Tao's abilities.

Previously, Julie only admired her boss for his business acumen, admiring his ability to create a unicorn like Toutiao in China, multiplying his assets countless times.

For a strong woman like Julie, the boss's aura is naturally very dazzling. However, while Julie genuinely admires her boss, she has never considered having a relationship with him.

Julie still prefers to date a white man. This time, the boss came because of the TikTok project. After attending some business parties in New York, Wu Tao and Julie were both a little emotional.

Both of them are bold and decisive people, so it was natural for them to embrace. Julie had initially thought this was just a casual act, but now she finds it hard to give up the relationship.

Wu Tao was naturally very happy, as this actually made their relationship even closer. Of course, even with this relationship, their superior-subordinate relationship remained unchanged.

Julie is certainly not a little girl; during the day, she still transforms into the serious and dedicated CEO.

Wu Tao has completed his work in several European and American countries, and Douyin version 1.0 has been officially launched.

With the traffic from Toutiao, Douyin quickly gained a massive user base worldwide.

Unlike Toutiao, Wu Tao went all out this time. He allocated 100 million US dollars for promotion alone, and this substantial funding helped Douyin's user base surpass 50 million in just one month.

With continued promotion, reaching 100 million users in three months is quite easy.

The novel gameplay attracted a large number of users, and Wu Tao also allocated a large sum of money to encourage users to shoot and upload materials.

Wu Tao is an outstanding entrepreneur who is currently favored by investment banks. Through the success of Toutiao, top investment banks around the world are very optimistic about Wu Tao.

The strong user engagement of Douyin has made top investment banks even more interested, resulting in Wu Tao receiving an overwhelming number of collaboration offers recently.

Wu Tao knew that if he wanted Douyin to grow rapidly and become a major player, he would definitely need the help of many people.

If you insist on taking all the benefits, others will inevitably try to take advantage of you. Attracting more shareholders is a necessity, even if they don't need to contribute yet.

Wu Tao still chose to contribute 20% of the equity because developing Douyin required a large amount of capital.

Wu Tao personally invested US$300 million, and Black Angel Investment Company invested US$200 million, for a total of US$500 million.

With Douyin's user base about to surpass 100 million, Wu Tao directly announced a valuation of 1 billion US dollars without any opposition from investment banks.

The company was valued at one billion US dollars, and 20% of its equity was sold for two hundred million US dollars.

Three shareholders were introduced: two large foreign families and one domestic family.

Three shareholders were introduced: two large foreign families and one domestic family.

The shares being transferred this time were put forward by Wu Tao personally.

Currently, Douyin's equity distribution is as follows: Wu Tao owns 60%, Black Angel Investment Company owns 20%, and the three shareholders own 10%, 5%, and 5% of the equity respectively.

With the addition of new shareholders, TikTok has raised another $300 million, with each shareholder contributing according to their equity stake.

With the injection of 300 million US dollars, TikTok's development became even more rapid, and the media also began to report on TikTok extensively.

As a rising star in the internet industry, Wu Tao has once again attracted widespread attention.

Many people think Wu Tao is amazing. He just took Toutiao public and then came up with another novel internet product, Douyin.

With Douyin poised to become another internet sensation, this signifies another success for Wu Tao.

Wu Tao's reputation soared both domestically and internationally. His net worth had already surpassed one billion US dollars due to the IPO of ByteDance (parent company of TikTok).

Now that the Douyin project has once again attracted investment banks, many people say that Wu Tao's net worth is now approaching 3 billion US dollars.

Wu Tao is not yet thirty-five years old, but in just a few years he has gone from an ordinary person to a tycoon with assets of nearly 20 billion RMB.

This is truly admirable, and Wu Tao's status in Jiangcheng has become even more prominent.

Along with Liu Jinshi, the Liu family also felt proud. After all, they were now family with Wu Tao, and the outside world would definitely look up to them.

At this moment, Liu Ruyan was even more reluctant to give up her position to her younger sister, feeling that she should be Wu Tao's only wife.

Liu Ruyan had accepted the polygamous lifestyle of men. After all, powerful men certainly wouldn't behave like ordinary men; if Wu Tao had dared to have other women in the past, Liu Ruyan would have gone absolutely crazy.

She now knows that she is at a disadvantage when facing Wu Tao, and her only wish is to get a marriage certificate with Wu Tao again.

That way, she could rightfully become his wife, instead of following him in an ambiguous way as she is now.