He’s abroad, just became a billionaire
32 The Birth of a Giant

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On September 1st, after ten days of hard work, the company was established on the 27th floor of the Platts Building.

Li Yang did not set up the company for live streaming. He had a deeper purpose.

First of all, the Internet had been around for so many years, and there were powerful companies in all major areas of the Internet in the United States.

Among these companies, the most recent ones were naturally giants such as Google, Google, Amazon, and America Online.

Any of these four companies had a market value of tens of billions of dollars, and they already occupied the five most important Internet fields, such as instant messaging, online e-commerce, search engines, portals, and online social networking.

At this time, if Li Yang directly entered these five fields and competed with the four giants, it would be more difficult and he would face a situation of burning money.

They were all listed companies with a market value of tens of billions or even close to 100 billion. The funds they could mobilize far exceeded Li Yang's net worth. Li Yang did not want to burn money with them, so he had to find another way and adopt the overtaking model.

At present, there were no internet companies operating live streaming services in the world. Li Yang could occupy the entire market as soon as he entered.

In the absence of competitors, as long as they operated properly, they could quickly attract a large number of users.

When the live broadcast had tens of millions of active users, Li Yang could start the next step of his plan. He could rely on these users to enter other Internet fields.

It was a very simple principle. As long as there were enough users in his hands, Li Yang could skip the most primitive stage of development and directly climb to the middle and upper levels.

The users were the core of an internet company. As long as they had a large number of users, they could enter any industry. They could even crush the competitors with their users.

Moreover, the major internet companies did not have a good way to make money yet, but live streaming was different.

When the number of users of the live broadcast reached a certain level, the function of gifting, the function of being a noble, the function of being a noble's privilege, the function of being a noble's custom bullet screen, and so on could be launched.

Of course, in order to reward the rich, they would have to arrange for some official sponsors to increase the atmosphere.

The rich man must be in a good mood to use money to make the other boss lose his temper. If the rich man was happy, the profits would come.

Just imagine, other companies were burning money, but TT Live was already making profits, and there were still people giving millions of dollars in tips.

Under such circumstances, the valuation of TT Live would instantly swell to a terrifying level.

When the valuation of MT Live was high, Li Yang immediately pushed MT Live to go public and earn money wantonly. From there, he would have cash flow to continue developing other industries.

Live streaming websites were not the core business of the Internet. They could be used to make money by going public. For example, instant messaging, online e-commerce, online financial payment, online social networking, search engines, and other more important core businesses. Li Yang did not plan to go public. He wanted to monopolize everything.

Of course, this share of the pie wasn't that delicious. There would be people who would be jealous and want a share of the pie. In the end, they might still have to go on the market.

In the simplest case, the US government could not allow a foreigner to control the core business of the US Internet unless he was willing to go public and let everyone participate in the shares.

Why did Google and Amazon fail in their domestic development? Was it really because they were not accustomed to the environment?

That was not the case. It was because the domestic government did not want them to come. The government had to protect the domestic enterprises.

If the officials don't want you to come, then can you still play?

………………

At this moment, in the large conference room of the TT live broadcast company, there was a commotion. There were nearly 200 people sitting in rows of seats.

After the recruitment over the past few days, the company had been established. The HR department, finance department, operations department, public relations department, technical department, design department, and other departments had been established.

Among the five departments, the technical department had the most people, with a total of 153 programmers. The other departments had fewer people, with less than 50 people added up.

"God, our company is developing too fast. It's only been a few days, and we don't even have a structure for our live streaming website.”

"Putting everything else aside, at least the total number of people in our company has already surpassed many internet companies!”

"Have you heard? Just our office space alone costs eight million dollars a year. Adding on the recent staff expenses, server purchases, office supplies, and so on, this is at least tens of millions of dollars!”

"Hiss, spending tens of millions of dollars right from the start, this is too scary!”

"This is called being rich, alright? The boss is worth more than a billion, so it's just a few tens of millions of dollars.”

"Does the boss really understand the internet? Take Facebook for example. They are now valued at nearly a billion dollars, and since their establishment, they have probably spent about the same amount of money as our company!”

"Was Markberg very rich when he founded Facebook? How can his situation when he started his business be compared to our boss? This is called a setup, you know?"

"You guys don't know yet, right? Our company hasn't even made a product yet, but a venture capital firm came to our door yesterday. They asked for a valuation of 100 million gold and even wanted to invest 10 million yuan. Unfortunately, the boss didn't like them. He even said that he could consider a valuation of 1 billion gold.”

"God, the boss's name is really valuable. It's already worth 100 million meters of gold…"

"Don't say anything else. Do your best. We're all veterans of the company now. When the company expands, wouldn't it be easy to get a promotion and a raise?”

Just as everyone was discussing, the door of the conference room opened. Li Yang, who was tall and straight, was surrounded by the stars. The people scattered around him were the department heads and General Manager Miller.

Soon, surrounded by the management, Li Yang walked to the front of the conference room and sat in the center.

In an instant, the entire conference room fell silent. The previous discussion disappeared without a trace. Everyone looked up at Li Yang.

Miller cleared his throat and stood up.""The company has been established for a few days. Today will be the first all-staff meeting of the company. Next, let's invite our chairman to give a speech!”

Pa! Pa! Pa!

There was a round of warm applause. Nearly 200 employees clapped at the same time to welcome him.

" I'm very happy to be able to sit here and meet everyone. You will be the original founders of TT Live Streaming Company. You will witness how a great company grows from nothing to glory..." Li Yang's words were slow and his gaze was sharp as he swept his gaze across the employees below.

Pa! Pa! Pa!

Applause sounded again. Many people looked at Li Yang with admiration, and many female employees were even smitten.

"Alright, stop clapping!" Li Yang cracked a joke to ease the atmosphere. He continued,"The company has just been established. It can be considered a three-star company, but our prospects are extremely brilliant.”

"Currently, there are close to 600 million netizens worldwide. However, looking at the world, the online live streaming business is still in the blank stage. As long as our live streaming website is online, we will be able to occupy 100% of the market in an instant. This is a market that is destined to be monopolized by us.”

"In terms of the number of netizens around the world, we have at least tens of millions of livestream viewers. If we dig deeper, our user base can break through 100 million, or even more!”

"Everyone here is an Internet practitioner. An Internet company with tens of millions of users, or even more than 100 million users, doesn't need me to explain what this means!”

As soon as he said this, there was an uproar below. Everyone was shocked.

Based on their understanding, as long as the number of registered users reached tens of millions and the number of active users approached ten million, the company's valuation would be at least 4 billion or more.

This valuation wasn't fake, it was real. Because the company had no competitors, the online live broadcasting industry was a blank space.

If the company had tens of millions of registered users and found a new way to make money, the company's valuation would continue to rise.

With the boss's financial resources, he could completely withstand the initial expenditure of the company.

In other words, in the near future, the company was destined to be a medium-sized internet company with a valuation of billions of dollars.

Above, Li Yang looked at the employees 'reactions and smiled confidently. He continued,"" Everyone, in my estimation, the value of the company is at least tens of billions of dollars. Within a year, I will push the company to go public and make its market value surpass that of yahoo…"

"God, going public in a year and surpassing Google? That's impossible!”Someone exclaimed.

"The current market value of Yahoos is 31 billion dollars. Can we achieve this goal within a year?”A female employee said with her mouth agape. She felt that this goal was too crazy, like a lunatic's dream.

" I know that everyone thinks that what I said can't be realized…" Li Yang picked up the cup and took a sip of pure water."The internet is an emerging industry, but it is also an industry full of miracles. In this industry, as long as you dare to think and do it, anything is possible!”

"Going public within a year isn't a big problem, but if we want to surpass Yahoos within a year, isn't Boss 'goal a little too big?”Miller, who was sitting beside Li Yang, twitched his mouth.

In his opinion, it was already very impressive for TT Livestream to be able to reach a valuation of more than one billion meters of gold in a year.

As for surpassing the market value of 31 billion dollars from Yahoos, that was simply impossible!

Among the emerging Internet companies in the United States, only Facebook's valuation rose the fastest. It took Facebook almost two years to reach a valuation of nearly one billion dollars. Even if the boss had the financial resources to support the expansion of the company, it was impossible to achieve this goal.

This book comes from:m.funovel.com。

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