Chapter 370: Only Two Hundred Million US Dollars



"They're almost unable to sustain the $1 billion in funding and need to start the next round of financing."

"I'm afraid the two hundred million dollars you invested will be wasted. I feel so sorry for you."

Zhao Xukun's head was thinking quickly. It seemed that President Guo's friend of a friend in the United States was just a gimmick. According to his memory of his previous life, ByteDance could not get over it at all. If it wanted to carry out the next round of financing, it would have to wait until more than seven months before starting the fifth round of financing.

Zhao Xukun raised his eyebrows and said.

"Old Guo, is this information reliable?"

"Brother Zhao, this news is absolutely reliable."

"It's been less than a month since their fourth round of financing, and internal news has come out that they spent a huge amount of money on this billion US dollars in financing, with almost no revenue. I guess they are just another company that harvests leeks."

"I don't know why you are so optimistic about this company."

"Brother Zhao, I see we have a good relationship, so I'll just say this directly. Don't be offended later. You must have heard some rumors outside. They did release a lot of stocks this time. You invested 200 million US dollars and got a lot of shares. But this time, I can only say that you are really going to waste 200 million US dollars."

President Guo's face showed an expression of both regret and relief. What President Guo felt sorry about was that this was 200 million US dollars. Although people of President Guo's status had seen many investments of 200 million US dollars, it was a pity that these 200 million US dollars were indeed being invested by an 18-year-old boy.

President Guo was thankful that he did not invest a single cent in this wave of investment, so he did not suffer much loss.

However, Zhao Xukun was very calm. No one today understands better than him how huge the future development of ByteDance will be. ByteDance will be the famous Douyin in China in the future. This company has already started to go online in China. Although the number of users is not large, Zhao Xukun has also begun to plan for the next step.

Starting next year, this software will shine brightly in the domestic Internet market, bringing huge amounts of wealth and market value to the country. In the future, this software will be popular not only in China, but also abroad, and it can be said to be spread all over the world.

Although the company had not yet been fully listed when Zhao Xukun passed away in his previous life, according to information from multiple sources and channels, financial professionals have valued the company's market value at at least 25 trillion to 4 trillion US dollars, which is a very large market value.

Many people regret not investing in ByteDance shares in the early days and getting a piece of the pie.

"Old Guo, two hundred million US dollars! If I didn't have any extra funds right now, I'd be willing to invest even one billion US dollars, let alone two hundred million. This is how the world works."

“When you don’t understand the trend, it has already appeared. When you understand it, it has already passed.”

"I believe in my own judgment. Also, Lao Guo, your American friend should come as little as possible. As for that friend who claims to work at ByteDance, just listen to him."

Zhao Xukun did not directly expose the lies of President Guo's friend's friend in the United States. If it were someone else, he would have been scared to death by these incorrect rumors from President Guo. Fortunately, Zhao Xukun has the memories of two lives, and he believes more that he personally witnessed the future development of ByteDance in his previous life, and this world will only develop in the same way as the world before him.

"Hey, Brother Zhao, why are you so unwilling to listen to advice? This is 200 million US dollars."

"Look, this ByteDance company has already launched a product in China, right? It's called [something called] Yin. I've also read about it. It's a short video company and software. If you look at the short video software in China right now, the leading one is [something called] Kuaishou. Can this company, [something called] Yin, even rival the [something called] Kuaishou platform?"

"It's too difficult. I had dinner with some of the CEOs last month. The CEOs of several other major domestic companies were also at the table. Many of them had a bad opinion of this sound and it's definitely not going to work."

"Also, this software has been online since last month, and it's been almost half a year now, but its growth momentum isn't even as strong as the daily traffic of its popular apps. If it continues to develop at this rate, will it be able to succeed? I think it won't be long before it goes bankrupt."

"Brother Zhao, you're still young. You haven't fully grasped the development and progress of this world. You still need to learn more, especially in the investment industry. The waters are very deep. Once you enter, many people will drown. In the decades I've been in this industry, I've seen countless young people like you who are full of youthful energy. But in the end, many of them may not make it to the end."

"If you didn't acquire enormous wealth at a young age and enter the stock market and investment industry, within two or three years, some would go bankrupt and some would be devastated. Anyway, I have only one thing to say: you should take it easy. You are still young and have a long way to go."

President Guo took advantage of the alcohol to wear off and kindly gave Zhao Xukun some guidance. Zhao Xukun did not think that President Guo's words were excessive.

What he said makes sense, but Zhao Xukun is not the young people that Governor Guo has met. He is a middle-aged man who can predict the future development of the world.

"Old Guo, there's nothing wrong with what you said, but I've already invested the money. There's no turning back. Once the arrow is shot, there's no turning back."

Zhao Xukun had no intention of telling President Guo about the future development of ByteDance. This memory could only remain deeply in his mind.

President Guo shook his head and said lightly.

"Well, that's crazy. Two hundred million US dollars is fifteen hundred million dollars. Brother Zhao, you're not any different from a gambler. If you lose all your money, you'll lose everything."

Zhao Xukun still laughed and said.

"President Guo, it's only two hundred million US dollars. It's not a big deal. Besides, I still have over eighty million in my personal account at your bank, and I have a company registered with your bank. Even if I lose the two hundred million US dollars, I'll still have money."

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