My Age of Investment

Chapter 428: A swarm of horses (seeking a monthly pas

  Chapter 428 A swarm of horses (seeking monthly ticket)

   "But we are content too!"

  Wang Wei put away his envious expression, and said with a smile: "Not to mention the recovery of all the investment invested in Supergirl, but also more than 10 million users."

  Xia Jingxing nodded, smiled and said: "Don't get cheap and sell well!

The   SP service has already run through the model, everyone knows that it is a golden rooster laying eggs.

  If it weren’t for Tudou.com being the first video site in China, it would help to increase the influence of Supergirl on the Internet. Maybe they wouldn’t make money with you. "

   "Yes, I have to thank Mr. Wang from Tianyu, and Mr. Ou Balcony."

  Xia Jingxing thought about it for a while, and figured out the routines of Tianyu and Hunan Taiwan, and let Tudou engage in online voting in the preliminary round. The two of them also have money points. This is an addition.

  The nature of the finals is different. All of them will be broadcast live on Hunan Provincial Channel. Naturally, this bite of fat was swallowed by oneself.

  The host shouted on the TV to support a certain player, please edit the text message and send it to...

  Under the TV, swipe over a row of small prints.

  The audience sent it according to this number, even if they voted by SMS.

  Several millions or tens of millions of voting text messages are received in a game, and the short message operators will be generated by China Mobile and China Unicom.

  The money cannot be swallowed alone, and even the bulk of the money must be distributed to content providers, that is, Tianyu and Hunan Channel.

  Tudou is purely redundant.

  Due to too many competition schedules and too scattered in the preliminary round, Tudou.com also needs to build an online voting channel.

  The finals are not needed anymore, it is normal to be kicked aside.

  "Tonight is the finals. After the end, Tudou will not have this trump card program to attract users. What are you going to do later?"

  Xia Jingxing deliberately tested Wang Wei, so I asked.

  Wang Wei nodded, "This is considered. Since two months ago, Tudou has been supporting users to upload original videos.

   However, compared with YouTube, the amount of our content is still a bit less and not rich enough. "

  Xia Jingxing said lightly: “After all, Americans are rich. There are more families with DV equipment, and there will be much less in China.

  However, our country has a large population base, no matter how small the proportion of wealthy people is, it will not go too far. "

   "Yes, I found that college students have a lot of time and like to make videos, so I want to hold a few video blogger contests on campus similar to those launched by YouTube."

  Xia Jingxing smiled and said: "Your discovery is correct. The main force of the YouTube video is also college students. There is a lot of time, all of them are spared, and there is not much work pressure. They are interested in doing these things."

   "I think we can focus on students from media and art colleges. These people have a foundation in acting and look good, and the things they shoot should be more popular with users."

  Xia Jingxing smiled, “Then you have to come up with a little prize, or is it that Tudou also wants to launch an advertising platform to share advertising for video bloggers?”

  Wang Wei waved his hand, “It’s incomparable. There is Facebook behind YouTube, which has powerful technology and sufficient funds.

  You invested 1 million US dollars in angel rounds. In the past six months, we have expanded the team, leased servers, and purchased the network rights of Supergirl. All these money has been spent in a hurry.

  Even if there are more than 10 million yuan in income from the Super Girl SP service, Tudou's funds are not sufficient.

  The money, in terms of daily operating expenses, is estimated to be spent in half a year.

  Then we have to walk into the campus and engage in some competitions.

  The money on this account is probably spent like running water.

  After making a video website, I realized how much money the industry is burning.

  To be honest, I think it’s too early and it hurts the user experience very much. "

  While speaking, Wang Wei also glanced at Xia Jingxing, for fear that he would be unhappy because of this.

  Let them buy the copyright of Super Girl Network, which is regarded as showing him the ability of Xia Jingxing to "turn stones into gold". Compared with money, he now appreciates Xia Jingxing's talents more.

  At the same time, he also hopes to continue to maintain a good relationship with Xia Jingxing, so that the other party can continue to make suggestions for the development of Tudou.

  He has carefully studied the development of Facebook and YouTube, and found that this man is extremely good at formulating various marketing plans.

  After facing each other's opponents, he did not hesitate to greet the key points directly.

  Xia Jingxing's skills or traits are all he is very fond of, and they are also urgently needed by Tudou.com.

   "If you launch an ad later, you will be late, that's okay!"

  Xia Jingxing smiled and said, “Don’t worry, I’m not the kind of short-sighted person. Even if Tudou is not profitable within three years, I can accept it.”

  Hearing this sentence, Wang Wei felt much more at ease. He was afraid that Xia Jingxing would force him to launch large-scale online advertisements quickly and make big revenues. It was really a disaster.

  "In the first half of this year, after the launch of Tudou.com, a large number of video websites, such as www.56.com.cn.com.cn.com.cn, PPTV.com, PPS...

  Wang Wei explained: “It’s the time for a race to enclose the land. Whoever puts online ads will drive users out, and whoever will perish.”

  Xia Jingxing smiled and nodded. Domestic entrepreneurs like this-chasing the wind.

  After the Ganji online went online, 2,000 classified information websites emerged across the country.

  The same is true of Tudou now, and a large number of video sites have been born soon after.

  Because many people have found the wealth code, that is Copy America, Jack Ma, Ponema, Robin Lee, and Charles Zhang can all succeed, why can’t I?

  The executives of domestic Internet companies and the turtles from the United States are all staring. If there is any good idea abroad or a novel website is born, just copy it!

  A swarm of horses, and then the crazy involution consequences.

  After all, there is too much population, too much country, and too much competition. China's Internet is honed in this kind of breeding ground.

  Many years later, Chinese entrepreneurs have gone to Southeast Asia and Africa without any disadvantage.

What does    rely on? Relying on the experience of many battles.

   "Then you have to think about financing? Increase the company's reserve cash on the books."

  Wang slightly nodded: "Yes, I also want to mention this to you.

  A number of venture capitalists have approached us, and I hope Tudou will start the A round of financing as soon as possible.

  SoftBank China and Sequoia Capital have the highest bids, with pre-investment valuations of US$60 million and US$50 million respectively. "

  "A user is valued at five or six dollars, which is not too high?"

After hearing the news, Xia Jingxing reacted calmly.

  At present, Tudou is the best in China.

  In foreign countries, there are tens of billions of dollars worth of Facebook and YouTube benchmarking, and the business model is too clear.

  This kind of target is extremely scarce and popular in the market.

  Wang smiled wryly, “After all, China is not as good as the United States. We use RMB and they use US dollars. The economy determines the value of individual users.

  And we have only been established for half a year, and our valuation has increased from 3 million U.S. dollars to 60 million U.S. dollars, which is a 20-fold increase, which is regarded as setting a new domestic record. "

   "Opening the A round of financing, I agree in principle."

Xia Jingxing looked at Wang Wei's eyes and paused before saying: "But, as I told you before, because I have a non-competition agreement on my back, Tudou needs to make Axel invest in order to resolve some contradictions. "

  Wang Wei nodded, and responded cheerfully: "That's okay, but Axel's bid can't be too low, right?"

   "Of course, it will never be lower than Softbank and Sequoia."

  Xia Jingxing smiled and said, "I will contact Mr. Breyer in Axel as soon as possible, so please wait for good news!"

"Well!"

  Wang Wei said nothing, because he needed Xia Jingxing too much.

   And he still has nothing to disclose. Sequoia and Softbank have asked implicitly: Did the purchase of the online copyright of "Super Girl" come from Xia Jingxing?

  Like him, other venture capital institutions that want to invest in Tudou.com are all interested in Xia Jingxing's ability.

  The other party can build a Facebook with a valuation of tens of billions of dollars. Why is it difficult to return to China to trade in an imported Tudou?

  Venture investment institutions are also shameless. Even if they are rivals, they want to ride Xia Jingxing’s ride.

  (End of this chapter)