My rebirth is different

Chapter 706
"Haha, Yu Wenfei is really crazy, dare to say such a thing. Fortunately, he played a trick and said that it will happen in ten years, but how I look at it, it is impossible for the new Lenovo Group to hatch any great company. "

"This time it's really too big. If it's a market value of hundreds of billions of dollars, I can still be skeptical, but trillions of dollars... I can only say that I'm crazy..."

Especially for Yu Wenfei's advice to young people to buy a house as soon as possible, many black fans took it as a breakthrough point to criticize him.

There is an article that analyzes the advantages and disadvantages of buying a house and renting a house, which is widely circulated on the Internet.

"With all due respect, a house is the worst thing to invest in!
As we all know, domestic commercial housing has only appeared for a short time.And because of the nature of our country, commercial housing has only 70 years of use rights.Please see clearly that it is the right to use, not ownership!

In other words, we went bankrupt and bought the house with our parents’ life savings, which is equivalent to paying 70 years’ rent in advance.

In this case, why don't I rent a house directly!
What is the current rent for a house worth more than 20 yuan?In many provincial capitals, the location is good, and the rent for a house with decoration does not exceed 500 yuan a month!

The annual rent is 6000 yuan, and if 20 cash is deposited in the bank, the annual interest alone will be almost 1 yuan.

It means that you can pay the rent of the house with the interest, and there is still a surplus every year.

If you compare the two, people who buy a house will have nothing after 70 years.And those who rent a house, after 70 years, still have 20 deposits in their hands plus an annual balance of 4000 yuan multiplied by 20 years, which is equivalent to 28 cash left!

As long as it is not a person with a brain problem, he will settle this account. "

The whole article seems to be well-founded, the data is real, and it is very convincing.

Therefore, it has been sought after by those netizens who are not optimistic about real estate. Everyone uses this article as an example to prove that buying a house is a choice only made by fools.

Those who rent a house are the real smart people.

When Yu Wenfei saw this article, he didn't comment too much, and only said four words.

"It's either stupid or bad!"

Because of this article, deliberately distorting the facts, it seems that there is no problem with the data listed in his article.

However, that is judging the future based on the current data. Isn't this a joke?
The reason is very simple, the domestic economy has been growing at a high speed, while inflation is also inflated, and the purchasing power of money will obviously continue to decrease.

In 2003, it was true that 500 yuan could rent a good house in the provincial capital, but three years later, five years later or even ten years later!
Maybe the rent of the same house will rise to 3000 yuan or 20 yuan by then, so will the interest on your [-] yuan deposit be enough to pay the rent?

Similarly, in 2003, 20 yuan could buy a house in the provincial capital, and the housing price in most provincial cities was only [-] yuan, but what about five years later and ten years later?

Maybe the house price will be more than 1...

That also means that the price of the house you bought for 20 yuan will double in a few years!
If buying a house is regarded as an investment, the rate of return on investment is amazing, and for ordinary people, it is also the best way to invest.

This kind of thing doesn't need Yu Wenfei's participation, and the real estate developers are gearing up to fight one by one.

On the Internet, there has been a big debate in the media, newspapers and periodicals. The topic of the debate is, of course, whether it is a good deal to rent a house or buy a house.

…………

Putting aside these disputes, Yu Wenfei got busy with the company's affairs.

The next morning, Facebook CEO Cai Congxin was the first to report to work.

The current Facebook has no challenges. What Cai Congxin needs to consider is how to further stabilize Facebook's position and start trying to expand profit channels.

Sitting on hundreds of millions of traffic, but not a penny in the account, the monthly personnel expenses and server bandwidth expenses are astronomical figures.

Doing business is not doing charity, after all, it is to make money.

Yu Wenfei stands taller and doesn't need to consider revenue, but as CEO, Cai Congxin must consider it, otherwise he will be negligent.

During the last financing, a VC asked this question. At that time, Cai Congxin’s answer was to realize the flow of traffic, so Facebook Entertainment was placed under Facebook’s umbrella.

However, looking at it now, Facebook Entertainment is a bottomless pit of burning money. In the short term, let alone making money, it will be very popular if you can invest a little less money.

Cai Congxin himself is very depressed. Facebook is the earliest company in the Facebook family, and it is also the company with the largest number of registered users and active users so far.

However, the rising star of Facebook Games has started to make money, and its branches have opened to North America. It is doing well in the game industry, and it is even more profitable.

Facebook, which is in charge of itself, cannot contribute a penny to the parent company.

During the recent period of time, he has racked his brains and considered how to generate revenue.

Don't tell me, I really thought of some solutions, but it's not certain whether I can get Yu Wenfei's approval.

"Mr. Fei, hasn't Facebook been preparing for an IPO, but we have encountered a problem."

As soon as he sat down, Cai Congxin said with a sigh.

"Oh? What's the problem?" Yu Wenfei thought something had happened.

"It's still about the company's profitability. In the plan, our Facebook profit model is to attract traffic through Facebook, and then realize it through Facebook entertainment. However, in the last road show, this model was questioned by some investors .”

The road show Cai Congxin mentioned was an experimental road show organized in the Mainland half a month ago.

Invited representatives of some well-known funds and investment institutions to come and listen to the presentation, and then survey everyone's investment intentions. That is to say, after Facebook goes public, do you really approve of the company's development? Will you pay for Facebook? net stock.

This is also for the near future, when I actually go to the United States and Europe for road shows, I will do an acting.

During the road show, everyone highly recognized the future of Facebook.

Because of this social media-type site, Facebook is currently the dominant player and has no qualified competitors.

However, some agency representatives have questioned Facebook’s so-called traffic monetization profit model, because they don’t understand why Facebook does not use a more efficient monetization model, but insists on setting up a film and music website.

What are the conditions for mainland netizens?

Will they agree to pay to watch videos and listen to music?

Even in Europe and the United States, this payment model is not mature enough, let alone a continent with a much backward economy.

A simpler and more efficient monetization model, of course, refers to advertising!
Since the birth of the Internet, online advertising has been the most effective monetization model for most websites.

Yahoo became the earliest Internet hegemony through advertising.

In recent years, Google has also achieved profitability through advertising.

Domestic Internet companies count as one, such as Sina, Sohu, Netease, Baidu, and Tencent. In the early stage, they all relied on advertising to make the company's income, and some companies even had a lot of advertising income.

Why Facebook Doesn't Advertise!

According to the huge traffic of Facebook, it is conceivable that the advertising fee is really soft.

Faced with investors' questions, Cai Congxin was also caught in a dilemma. Facebook should not be hard-boiled, which was the rule that Yu Wenfei set up when he founded Facebook.

However, investors don't care about anything else, they only look at how much money your company can help them make in the future.

If this problem cannot be explained well, even if Facebook goes public, it will be very embarrassing, because the stock price will not rise at all, and there may not even be enough investment institutions to subscribe for the tradable shares that may be issued.

So recently, he has been thinking about whether Facebook can advertise without affecting the user experience.

You don’t need to think hard about it, Yu Wenfei will definitely not agree, because it will seriously affect the user experience and make the website look LOW!

However, the recommendation of the information flow inspired him. Since the homepage and conspicuous places cannot be advertised, can we do some hidden advertisements?

In the recent period, the traffic of the information flow page is no less than that of the home page!

If in the information flow recommendation, combined with user preferences, some targeted advertisements are made, it will not only improve the efficiency of advertising, but also will not arouse the disgust of users, and the website can also receive advertising fees, which is the best of both worlds.

…………

After listening to Cai Congxin's report, Yu Wenfei frowned. It is a rule he set for all websites and software on Facebook that the user experience comes first.

As for whether to advertise or not, this should be determined in light of the actual situation.

At the beginning, there was no information flow recommendation, no big data collection, and no targeted advertising. Yu Wenfei chose not to advertise at that time.

Now that technology has advanced and the situation has improved, the kind of soft advertising that Cai Congxin mentioned is not out of the question.

And as far as Yu Wenfei knows, Weibo, Facebook (Xiaozha's), Google, Baidu, etc. in later generations all use this so-called "precision delivery" advertisement.

But in 2003, to be honest, Facebook was ahead of the industry and took the lead in trying to collect big data. With the support of big data, accurate advertising is also possible, which also allows Facebook to generate revenue from advertising. possible.

So, he said, "Let's try it first, let me make some suggestions."

Cai Cong was overjoyed with confidence, and President Fei actually nodded. Before he came, he was still very apprehensive, afraid that Yu Wenfei would refuse directly.

"Speak, Mr. Fei!" He hastily opened the notebook in his hand, ready to take notes.

"This kind of invisible advertisement, in addition to the information flow recommendation, can actually be interspersed in the hot list, in a soft and broad situation!" Yu Wenfei said with a smile.

Cai Congxin was taken aback, hot list?
This is the most prominent place on the Facebook homepage!
Interspersed with soft wide...

"Did you forget that I first posted the face of Hu Jingjing's canned yellow peaches? Isn't that the hot spot list and invisible soft broadcast? The effect seems to be pretty good.!" Yu Wenfei laughed.

　The third update!Continue to ask for a monthly pass. If there is no monthly pass, the recommendation ticket is also good.

　　
　
(End of this chapter)