[ByteDance Opens Cash-to-Doubao Stock Exchange: Up 30% in 4 Months] Breaking news from Beating AI: According to the latest internal information, ByteDance recently held a Doubao stock briefing, raising the price from $14.85 in June to $17.02, marking a 14.6% increase in two months. Additionally, some employees can adjust their compensation structure, converting a portion of their total package cash into Doubao stock. The exchange limit varies by individual. Reports indicate that some L2 and L3 employees have a full allocation ratio of 20%, while some L3 and L4 employees can reach 25% or 30%. ByteDance has also increased the issuance of Doubao stock, with some employees receiving an additional allocation of approximately 5% of their total package. This policy does not apply to all employees. It primarily involves teams working on Seed's pre-training, multimodal, VLM, and other large models, as well as Flow's Doubao main app. Teams closely tied to Seed and Doubao infrastructure, such as Ark, may also receive Doubao stock. Doubao stock is an internal virtual stock incentive designed by ByteDance for its AI business. The initial buyback price in April was $13.08, which rose to $14.85 in June. In May, some Seed employees were already able to opt for converting their year-end bonuses into Doubao stock. If this new policy further opens up cash-to-stock conversion within the total package, employees will be able to directly stake more of their income on the Doubao business. From the initial $13.08 in April, Doubao stock has now cumulatively risen by 30.1%. In comparison, during the same period from April to June, Doubao stock increased by 13.5%, while ByteDance Group options only rose by approximately 2.6%. [Original Link]