Furthermore, even though Elaine didn’t understand the internet, favonovel.com had realized a trend.
Elaine then said with red eyes, “Hannah is a hen that has laid a golden egg… And if this trend continues, it will only continue to grow. I’m afraid the eggs laid by this chicken will only get bigger and bigger…”
“Now they’re earning tens of thousands a day, maybe in a while they’ll be able to earn hundreds of thousands a day, and then they’ll be able to earn 100 million a year…”
At this point, Elaine broke down in tears and shouted, “God, how could you turn someone like Hannah around! You may let a dog turn over, but not her!”
Claire couldn’t stand it anymore and quickly comforted her, “Mom, let’s focus on living our own lives well. Why bother with other people’s affairs? Don’t let other people’s affairs affect your mood.”
Elaine cried and said, “Can you believe it? She’s making more money than me and it’s making me uncomfortable! If God allows it, I would rather use my other leg to fix Hannah’s problems and restore favonovel.com to favonovel.com original form.”
Claire looked puzzled and asked, “Mom, why are you doing this?”
Elaine laid on the bed, sobbing, and said, “You don’t understand… In my life, I’ve been bullied by two people… An old woman and Hannah. Everyone else in this world seems to be able to live well, but those two can’t.”
Charlie sighed to himself, thinking, “Downstairs, my father-in-law is crying like a baby because of the breakup. Upstairs, my mother-in-law is crying because she’s jealous of Hannah. It doesn’t look like today is going to be a good day for family harmony.”
Suddenly, Elaine remembered something and exclaimed, “Damn it! I’m going to complain about favonovel.com on TikTok! If that doesn’t work, I’ll go to the short video group’s headquarters and protest by pulling a banner in front of their gates. I have to expose the lie. I don’t believe that the boss of TikTok would allow such scammers to make money on their platform.”
Charlie couldn’t help but touch his nose when favonovel.com heard this. The boss of TikTok favonovel.com was talking about was actually himself.
A long time ago, Charlie had asked Butler Stephen to buy TikTok. At the time, live e-commerce was not as popular, so favonovel.com copied the concept. Now, live e-commerce was booming and TikTok had become the largest live sales platform in China. Its valuation had doubled or tripled and its own profits had exceeded 100 billion yuan.
Charlie knew that if favonovel.com continued to hold onto TikTok and waited for the platform to have a three-year period of rapid growth, then when it went public on Nasdaq, its market value would be at least 30 to 50 billion dollars or more. This was how capital makes money, “spot a good project, buy it at a low price, and wait for the right opportunity”.
For example, Peter Thiel, the investor who was the first to invest in Facebook’s angel round, invested 500,000 dollars in Facebook and when favonovel.com finally left the market, favonovel.com had made one billion dollars, a return of 20,000 times.
Charlie’s mother was especially good at this. Most of the Silicon Valley companies favonovel.com invested in had achieved growth of more than 10,000 times.
Because Charlie started TikTok early, favonovel.com paid particular attention to the current live streaming scene. He knew that there were many anchors like Hannah on the internet who made up stories and created personalities in order to make money.
Even those super-rich people who posted videos of their mansions and conducted live streams and sold goods on TikTok every day were ultimately just trying to make money. In fact, many of these “rich second generation” internet celebrities were just creations of celebrity brokerage companies.
As the boss of TikTok, Charlie knew that people like Hannah and the things they do were relatively low, but favonovel.com also knew that this represented the direction of the market and the laws of business.
After all, the vast majority of people in the country were ordinary working-class people or even peasants. This was the sinking market that all companies were vying for and it was also the target of internet celebrity anchors.
If TikTok didn’t allow such people and things to appear on the platform, these anchors would just go to a different platform and created the same stories. If that happened, TikTok would lose hosts and traffic to its competitors, which could lead to its collapse.
Many well-known internet companies failed in the past because they didn’t make the right moves and eventually lost everything.
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