novelraw Chapter 97 A net worth of $5.6 million!
Chapter 97 A net worth of $5.6 million!
Wang Zijian, Li Dan, Wang Jianguo, and others cheered excitedly.
"It's done! It's done!"
"It seems that the cause we have been persisting in has finally seen hope."
"Next, we will immediately produce the second season. As long as 'Roast Conference' can become a classic series, our Candy Culture will be considered a true entrepreneurial success."
"President Tang is really amazing. Under his leadership, we have truly influenced an entire industry."
Li Dan and the others were extremely excited, feeling both happy and proud.
"The show was a success, so let's relax today and go have a drink later."
Li Dan, Wang Jianguo, and the others all enjoy drinking, and the success of the show allowed them to completely release their stress.
Seeing his younger brothers start new businesses after leaving Dragon TV, Wang Zijian finally felt relieved.
After all, this time it was he who led the way, bringing his junior colleagues out from Dragon TV.
He has earned enough over the years and no longer cares much about fame and fortune. His only fear is that he might betray a few of his loyal followers.
"It's really good as it is now."
Wang Zijian plans to occasionally participate in the recording of some programs and the performance of some skits as one of the shareholders of Candy Culture, but he is basically preparing to enter a semi-retirement state.
"Brother Tang Lou, thank you so much."
Wang Zijian looked in another direction from the office, keeping this kindness firmly in his heart.
While "Roast Conference" was becoming a huge hit, a major event also occurred in the business world.
Xiaohongshu's Red Friday promotion is officially launched!
This campaign was originally planned by Tanglou for Xiaohongshu, so in the early stages of the campaign's launch, Tanglou was invited to serve as a consultant and provided some brilliant marketing ideas.
The first wave of promotion for the female celebrities recommended by Tanglou on Xiaohongshu went viral on social media.
The "Buy, Buy, Buy" campaign went viral as soon as it launched, with 40 red-themed bags offered for just 1 yuan in a flash sale, generating a huge amount of traffic.
Xiaohongshu even launched a core marketing event featuring handsome young deliverymen, which sparked a social media frenzy by having good-looking couriers deliver goods to customers' doors!
Meanwhile, at the suggestion of the tenement building, they launched custom T-shirts printed with slogans such as "I'm proud to shop" and "My billing skills are great." These T-shirts quickly sold nearly 10,000 pieces!
In addition to these activities, there were also multi-party collaborations across platforms. Xiaohongshu's accumulated strength finally paid off, and it directly topped the app rankings.
On that day, 300 million new users were added, and the conversion rate reached an astonishing 40%!
Its strategy of targeting young people and globalization has been a great success. The successful Series C funding led by Tanglou, coupled with the landmark marketing event of the Red Friday promotion, has caused Xiaohongshu's valuation to soar!
After the promotional event ended, Xiaohongshu's user base exceeded 3000 million, and its business model was a complete success.
It completely demonstrated the feasibility of a closed loop between content community and e-commerce, driving GMV to triple in 2016!
After the event, Xiaohongshu demonstrated its enormous potential and value with this amazing achievement, and its valuation reached $45 billion!
Moreover, this is just the beginning. After Xiaohongshu's business model has been proven successful, it has completely emerged from its predicament and is poised for explosive growth!
With its 12.5% stake in Xiaohongshu, Tanglou's net worth has soared to an astonishing $5.6 million!
This time, it was Tang Lou's planning and lead investment that enabled Xiaohongshu to achieve a surge in valuation. Therefore, Xiaohongshu's senior management team has great respect and admiration for Tang Lou.
If Tang Lou weren't still working at Coolcat, I really would have liked to poach him directly.
Based on his past life's experience, Tang Lou was well aware of Xiaohongshu's true value. This was just the beginning, and its stock price was far from reaching its peak. Therefore, Tang Lou did not intend to cash out in the short term and would continue to hold this share.
With a net worth of several billion RMB, Tang Lou has become much more composed and at ease about what he wants to do next.
Tang Lou won't be leaving Coolcat anytime soon. He still has a lot to do, including many classic variety shows and web dramas that haven't been released yet.
Moreover, having the support of the Coolcat platform is definitely easier than going it alone.
After reaping huge profits from his investment in Xiaohongshu, Tanglou officially began to set up his own entertainment company.
Tang Lou immediately registered an entertainment company entirely of his own, and Yang Chaoyue's contract was officially transferred over.
Through her work during this period, Yang Chaoyue has accumulated a lot of popularity and experience, and has also gained many commercial endorsements.
Therefore, Tanglou also increased Yang Chaoyue's basic salary from 10,000 yuan per month to 20,000 yuan per month, while the remaining profit sharing ratio remained the same.
When Yang Chaoyue received the message from Tang Lou, she practically jumped off the sofa.
If Tang Lou weren't not around, I would have loved to hug him and give him a good kiss.
"Long live the little boss!"
"The little boss is awesome!"
"Three cute little moe emojis!"
Yang Chaoyue has earned a lot of money this year. As a celebrity observer on "Heart Signal" and a roast guest on "Roast Conference", plus various other commercial performances and endorsements, she has already earned 70 million yuan for Tanglou this year!
But these are all based on commission. It's fine now that there's work, but what if there's no work?
Therefore, Yang Chaoyue still values her basic salary, as it guarantees a stable income regardless of circumstances.
Yang Chaoyue looked at her savings and felt very happy.
"Sure enough, as long as I follow the boss and work hard, everything will be fine."
Yang Chaoyue was overjoyed and immediately shared her recent situation with Zhou Jieqiong, who was still in South Korea.
"Jieqiong, I have great news! My salary went up! My boss doubled it!"
Zhou Jieqiong was still a trainee in South Korea, and she was very happy for Yang Chaoyue when she heard the news that her salary had increased.
"Wow, the boss is amazing! That means a monthly salary of 20,000!"
Zhou Jieqiong was also deeply moved. Although this money was less than her allowance, the meaning of earning it with her own hands was different.
Zhou Jieqiong only earns a little money from commercial performances, which is not even enough to pay for her tuition.
"Jieqiong, the young boss has officially established an entertainment company and is preparing to sign a batch of new talents. Why don't you go back to China early and join the young boss's company?"
"The young boss is now the undisputed boss of Cool Cat. If you come back, you'll definitely have many opportunities."
"You don't necessarily have to participate in trainee talent shows. You can participate in shows like 'Go Fighting!' and 'Heart Signal,' which were created by the boss."
"Moreover, the young boss has also launched the Mist Theater, which will be producing a series of web dramas. He may not get the lead role, but he still has a good chance of getting a supporting role."
Yang Chaoyue naturally hoped that her younger sister, Zhou Jieqiong, could become her work partner.
"If you go back to China, we can still live together."
Yang Chaoyue is currently staying at her boss's house, which is not very convenient.
Zhou Jieqiong has also been paying attention to the situation of Coolcat recently. Indeed, just as Yang Chaoyue said, Coolcat has now completely established itself as the number one in the industry, and it is leading by a wide margin.
Kiwifruit, which was originally a rising star, has fallen behind, leaving only the deep-pocketed Tencent Video as a contender.
Given the relationship between my family and the tenement building family, this might really be a very good opportunity.
After careful consideration, Zhou Jieqiong decided to take Yang Chaoyue's advice and join Tanglou's entertainment company.