Growth-type Super Rich

7 PM sharp.

The executives of Black Swan Group and Panda TV all gathered at the Peace Restaurant.

Starting today, the cooperation between the two companies became closer. Financing was essentially a resource exchange; Principal Wang traded Panda TV shares and its future potential for Gu Bai's money and channels.

The live streaming industry and the entertainment industry are closely related industries in themselves.

And Black Swan Group's status in the entertainment circle goes without saying. When the era of live streaming for all comes, Black Swan Group's entertainment capital will immediately convert into reality. Just imagine, when Douyu and Huya are still having internet celebrities PK each other, Panda TV has already brought a bunch of popular stars to hold online concerts and other activities on the platform, which is a dimensionality reduction blow.

Tonight, the two companies were divided into two groups, with Black Swan Group's executives and Panda TV's executives sitting in another private room, while Gu Bai and Principal Wang were in Private Room No. 1.

However, it couldn't just be Gu Bai and Principal Wang dining in a private room, so PDD, Ruo Feng, Zhou Shuyi, and Zou Erke, four famous streamers, got lucky. They directly bypassed the executive level and sat together with the big bosses of the two companies.

"Gu Bai, it's been more than 4 months since we started talking about financing, and it's finally settled. You are now one of Panda's major shareholders. Can you say the things you couldn't say before now?"

Gu Bai listened to Principal Wang while arranging the teacup in front of him, knowing the topics discussed were sensitive. Principal Wang also called the service staff out. Just as Gu Bai was about to pour the tea, Zou Erke, quick with her eyes and hands, immediately picked up the teapot in front of her and filled Gu Bai's cup.

Seeing this, Gu Bai gave her a slight smile.

Zou Erke saw Gu Bai's smile, and her heart started pounding. As for PDD and the others, they saw it but thought nothing of it. Among the four streamers present, not one didn't want to suck up to Gu Bai, it's just that Zou Erke was quicker, making the first move.

After taking a light sip of tea, Gu Bai slowly said, "Actually, I don't need to say much for you to understand, but since you want to hear it, let me share my thoughts. However, Panda TV's development ultimately depends on you. If you take the wrong path, at most I'll lose some, then pull out and leave."

"Damn, you're that pessimistic about me?"

As the two were speaking, PDD stood up and said, "Chairman Gu, Principal, since you are discussing matters, how about we step out for a bit? We can also explore the hotel."

Without turning his head, Gu Bai casually raised his right hand and gently pressed down.

"No need to leave. It's not some business secret."

After speaking, he ignored them and continued talking to Principal Wang, "What is your development plan with this financing?"

Principal Wang didn't expect that after questioning Gu Bai, it turned into Gu Bai questioning him. But after a little thought, he started to answer: "Given the current situation, we can only do like Douyu and Huya, seize traffic. After all, traffic is the way of the live streaming industry, burn money first, and snatch a piece of meat from Douyu and Huya's mouths."

After listening to Principal Wang, Gu Bai continued rubbing his teacup with an indifferent expression, as if he didn't care at all about Principal Wang's development strategy.

In a normal scenario, it wouldn't be wrong for Principal Wang to personally step up and grab traffic. But Gu Bai, having come back from the future of the grand era of live streaming for all, was much more insightful about the live streaming industry than Principal Wang.

Gu Bai didn't speak, and Principal Wang wasn't in a hurry, just quietly waiting for his reply.

After a long pause, Gu Bai shook his head slightly and said, "What you're doing makes sense logically, but you're ignoring one thing. Panda started later than Douyu and Huya, and in terms of accumulation, it's far inferior. Besides, you're aware of Panda's development in the past year. You want to jump into a life-or-death fight with these two companies, but Panda isn't qualified yet. After all, it's not just Panda with financing; they have it too, and their funds are greater. Moreover, if their funds run out, they can continue to get financing. What about Panda? Who would step in?"

Gu Bai's words pointed out the shortcomings of Panda TV sharply.

"Of course, I'm aware of these shortcomings, but isn't the path to listing for internet companies just like this? Can you play it any differently?"

"I actually have a plan, but it depends on whether you have the guts to do it."

"?"

Principal Wang looked at Gu Bai with a puzzled expression.

"My plan is simple. Since we can't compete in terms of strategy, we need to find a new path.

Douyu and Huya seem to dominate the top two seats in live streaming, but their path has narrowed. They're endlessly waving supercars to attract users, and it seems the platform is thriving, but everyone knows it's just an illusion created by burning lots of cash. If the cash-burning battle doesn't completely crush one, or at least cause heavy damage, all that money burned is meaningless.

One day when the cash flow stops, there might not be any user growth, just a swap of users between platforms. You treat users like fat pigs, waiting to slaughter them when they're fat, but you don't realize that, in the eyes of ordinary users, your platforms are just sitting ducks ripe for plucking."