The richest man

Chapter 187 Netflix Takes Off, YouTube Video Room

Zhang Jun's financial resources have been consumed a lot by several large-scale expenditures.But under his forward-looking guidance, almost every company under his name has achieved substantial profitability.

There is really no shortage of money now.

As for Standard Chartered Bank entering the mainland, Zhang Jun is not too urgent at the moment.In his view, it will be a matter of time before Hong Kong-funded banks enter the mainland.Even if it is not possible to open a branch within a short period of time, it is still possible to set up a representative office of a foreign bank first.

This representative office can engage in non-commercial activities such as liaison, market research, and consulting related to representing foreign banks, and it is also very useful.

As of now, "Star Wars" is finally the world's best, and the total box office is astonishingly high, 9.7 million US dollars, which is 2 million US dollars higher than the box office of "Star Wars" in the previous life.

Peripheral revenue is almost five times that of the box office, nearly $50 billion!
The whole world can't help being stunned. It's just a movie, but it has created such a great value, and this is the first movie in the series, and there will be a second, third, and even filming in the future.

Legendary Technologies Inc.

Zhang Jun is currently looking at a beautiful and stylish black video recorder. This video recorder is a video recorder independently developed by Legendary Technology Company. It uses many advanced technologies and can be called world-class. The video recorders produced by Japanese manufacturers are poor.

In terms of appearance, it can be called a work of art. The metal surface has been frosted, which looks very beautiful and has a metallic texture.

This video recorder was playing "Star Wars". Zhang Jun looked at the TV screen. The picture quality was very high-definition, very perfect, and the sound quality was extremely good.

Shangguan Makino said: "Boss, the legendary brand video recorder has passed several rounds of tests and is ready for mass production. The production cost is only about 110 US dollars per set. Combined with the VCRs produced by Sony, Hitachi, Panasonic, Victory and other companies on the market, Our selling price is set at $299."

Zhang Jun was surprised: "The profit of the video recorder is so high?"

Shangguan Makino nodded and said: "It is true at present. The only companies that can produce this kind of home video recorder are Japanese manufacturers, but the main market of Sony, Hitachi, and Panasonic is in Japan, and they have not yet occupied the American market. This is our Chance!"

"Well! Let's go to mass production quickly. We must maximize the production capacity and let the workers work overtime. We must seize the opportunity!! I will go to Alibaba later to find out how the video rental chain store company is doing."

"Ok."

Zhang Jun then left.

An hour later, Zhang Jun came to Alibaba.

"Boss, Netflix has expanded rapidly since its establishment. It has directly bought stores and opened chain stores in major cities in the United States, with a total of 521 stores."

Wayne Webb introduced, "In addition, it spent 6 million US dollars to purchase a large number of film and video tape copyrights from major film companies and TV stations around the world! Some are exclusive copyrights, but most of them are not exclusive copyrights. Film and television companies have also seen it. The potential of videotape, I don't want to be limited to one company."

Speaking of this, Wayne Webb couldn't help but feel that his boss was astonishingly courageous, and dared to spend so much money to buy the copyright of the video tape.

"The number of branches is still very good. Hurry up and open a branch. Legend Technology has developed a video recorder. At that time, I will do my best to promote the development of Netflix!"

"Okay, boss!" Wayne Webb felt Alexander.

Wanting to open so many chain stores in a short period of time, buying land, decorating, recruiting personnel, etc., makes people feel dizzy and busy.

In addition, it is really not easy to build a huge video tape factory.

Wayne Webb feels like his hair is falling out crazily recently. If he continues to work so hard, his head will be bald!

Zhang Jun was urging on both sides.

At this time, he suddenly remembered that Netflix videotape rental company needs a database software, so that it can keep track of the videotape rental situation, such as which cities and which videotapes are more popular, the age group of the audience, etc...

By controlling the data between video tapes and users, Netflix can adjust and optimize supply management, improve work efficiency, reduce storage and transportation pressure, and increase the number of times users rent video tapes.

In fact, it is a preliminary application of big data.

The next morning, Zhang Jun came to Legend Technology Company again to learn about the development progress of the company's database software.

The importance of the database is self-evident.

Zhang Jun's investment in this is not stingy, there are nearly 120 developers alone.

As far as Zhang Jun knows, the Oracle company he invested in has only a dozen people.

There are many people, and they are all elites.

Therefore, the progress of Legend Technology's database development is very fast, and the first version of the database software has almost been completed.

And the name of the database is "Chaos".

The beginning of chaos, the beginning of the universe, symbolizes the origin of all things in the universe.

Database is one of the cores of artificial intelligence. Zhang Jun has high hopes that powerful artificial intelligence can be developed in the future.

Zhang Jun was in the database department this morning, discussing matters with the supervisors of the database department, and told them to use Chaos Database to customize database desktop management software for the major companies of the group, so that various management can be performed directly through the Hongmeng computer.

In order to speed up the development progress of the database software, Zhang Jun couldn't help adding manpower to the database department again.

……

……

After two and a half months.

Many companies under Zhang Jun's name have successively used the chaotic database software, starting a frenzy of computerized office.

For a time, work efficiency is greatly improved!
The staff applauded!
Before the legendary technology company released the chaotic database software, many companies from all over the world came to seek cooperation and wanted to purchase the chaotic database software.

Chaos database software doesn't come cheap, though.

The purchase method mainly depends on the number of users of the company, and there is also a number of years.

Insanely expensive.

But even so, every powerful company, government, or research institution in the world has sent cooperation intentions to Legendary Technology.

In just 15 days, Chaos Database's sales exceeded $1 million.

Inadvertently, Zhang Jun was eager to develop the database. It was originally for his own company, and he didn't think about selling it to the outside world.Unexpectedly, major companies and governments around the world have such an urgent demand for databases.

With the advent of chaotic database, the world's major database development companies ushered in the spring.

Major venture capital companies have heard the news and moved.

Oracle is valued by several venture capital firms including Sequoia Capital, International Data Group, and KPCB. They plan to launch a round of financing, and the pre-investment valuation is as high as 3000 million US dollars.

Zhang Jun was slightly surprised when he heard the news.

The president of Suzaku Investment Company asked Zhang Jun for his opinion on whether to follow up in Oracle's A round of financing.

"Of course you have to follow the investment, try to ensure that the shares will not be diluted."

Oracle still has great potential for development, and it is still an American company, so it will definitely be supported by the US government.

It is difficult for Legendary Technology to obtain database orders from the US military or some secret agencies.Even if they urgently need a database, they will not buy Legendary's database software for safety reasons.

Zhang Jun still understands the truth that all eggs should not be put in one basket.

After more than two months of preparation, Netflix Netflix has established nearly a thousand chain stores in the United States.

The decoration style of the store is extremely simple, and the requirements for the location and the size of the store are not too strict, so it is relatively easy to buy a store.

Staff training is also relatively simple.

Just learn to use the Netflix video rental management software.

A large number of videotapes and legendary VCRs produced in Hong Kong have been shipped all over the United States.

December 1978, 5.

Netflix's video rental company is officially open for business.

At the same time, Legend Technology Company held a product launch conference and released the Legend Video Recorder.

Every press conference of the legendary technology company is highly anticipated, and this time is no exception.

There are millions of people watching live TV alone.

The home video recorder designed by Legend Technology Company won the love of everyone when it was released at the press conference because of its good looks.

In terms of performance and price, legendary VCRs do not have much advantage over Japanese brand VCRs.

but……

On the stage, Shangguan Makino said: "Users can not only buy legendary video recorders at the legendary store, but also rent video recorders at the Netflix Netflix video rental chain store! Yes, you haven't heard that Netflix Netflix can not only rent video tapes, And you can also rent the video recorder. In terms of price, let me tell you here. The price of the video recorder is 299 US dollars. If you rent it, you also need to pay a deposit of 299 US dollars. If it is used up, then this video recorder is yours too, and we will not recover this machine from the user."

"At the beginning, everyone was reluctant to spend money to buy a video recorder, so you can rent a video recorder from Netflix and try to experience the fun of watching a video!"

"In addition, the price of renting video tapes is also relatively cheap. The rent of each video tape is 3 dollars a day, and the deposit is 30 dollars. Also, if the deposit is exhausted, you don't need to return it. The tape is yours. It is worth mentioning that , Netflix spent 6 million US dollars to purchase a large number of videotape copyrights of film and television dramas, so you can find any TV dramas and movies you want to watch on Netflix. Of course, due to the limited store area, it is impossible to put all the works on the shelves. So even if you don't find the movie you want to watch, it doesn't mean that Netflix doesn't have it. You can order it with the clerk, and then Netflix will deliver it to your home. From the moment you sign for it, the plan will start. fee."

"Finally, I would like to talk about the Netflix video rental chain store. This chain store will open today. The number of stores is all over the United States, with more than 1000 branches. Local people can learn the location of the rental store from the newspaper. At the same time, Netflix will also be handing out flyers locally, so don’t worry about not being able to find the chain’s locations.”

The audience in the audience and in front of the TV couldn't help but feel a little moved when they heard this.

They have never seen many movies in the cinema.

Now you can just go to Netflix and rent a VCR, and you can watch it to your heart's content, which is such a bargain.

At this time, some smart people couldn't help being shocked.

The leasing model is simply more profitable than selling directly.

A VCR would have cost $299, but leasing would make the machine even more valuable.In addition, users who rent video recorders will often not return them as long as they think the machine is useful.And some people may be busy with work and have no time to return the machine, so they can only keep the machine.Some people have used it for more than ten days and have already spent nearly half of the rent. At this time, they thought that it would not be worthwhile to return the machine, so they simply refused to return the VCR and it was their own.

In this way, a large number of video recorders can be sold indirectly.

In the video recorder industry, Legend Technology is only a latecomer. It is still very difficult to break through and occupy the market.However, in cooperation with Netflix's leasing business, it was able to overtake on a curve and become the number one in the industry!

Sure enough, the press conference ended.

The Netflix rental chain quickly welcomed a wave of subscribers.

"Haha, today is really cool. You can rent video recorders and video tapes. I must watch as much as I want! There are so many movies I want to watch, but unfortunately I am not willing to spend money to go to the cinema..."

"Me too, I'm so excited that I don't want to sleep at night, I'm going to watch the video all night!"

"I'm sorry, there are so many people, the business is so good!!"

"..."

There are hundreds of VCRs in each store, and all of them were rented out within more than an hour. Netflix had to transfer goods from the warehouse in an emergency. At the end of the last day, a total of 95 VCRs were rented out, which is simply appalling. .

The Legend Store also sold 5 VCRs today, which is a bit small. It seems that everyone has gone to Netflix VCRs.

In addition, Netflix has rented out tens of millions of video tapes today and sold more than 120 million video tapes.

Some people thought about renting VCRs for only one or two days, so they retaliated and rented more than ten videotapes in a row, watching them all at once!
What's more, many users who own Japanese brand video recorders have also come to Netflix to rent video tapes.

On this day, Netflix created a miraculous sales volume, which made people dumbfounded.

Netflix received a soft hand in accepting the deposit, and obtained an extremely large amount of funds within one day. Although the deposit is not from Netflix, all users will not return the video tapes and recorders together. Netflix can completely embezzle part of the funds for expansion. Branch size.

The next day, it was daylight, and Netflix only transferred a small number of video recorders from the warehouse.

Although some people will still rent the VCR the next day, there are also people who will return the VCR.

However, as long as users try the VCR, they will definitely be fascinated one after another, and those who choose to return the VCR in the end belong to a small number of users.

US$299 is actually not expensive, and the jobs of Americans are not low, with an average income of about US$1000 per month.

For an ordinary family, if the husband and wife both work, the combined monthly income will definitely exceed 2000 US dollars.

Looking at it this way, is $299 still expensive?
In the next period of time, the longer the time, the fewer users will return the video recorder.

One month later, according to statistics, more than 400 million users in the United States have used the legendary VCR.

Netflix has more than $20 billion in its accounts, although most of it is margin...

Because of Netflix's size, the videotape market boomed instantly.

The major Hollywood film companies expressed regret and sold the copyright at a low price, which is a big loss.

The VCR manufacturers were also caught off guard, and their production capacity was too late to explode. They could only watch the Legend VCR sweeping the US market. The key point is that the Legend VCR cooperated with Netflix Video Rental Company to promote it, and it took off immediately, becoming the most famous VCR brand in the United States.

At this time, Netflix also began to deploy in Europe.

It won't be long before Legendary VCR and Netflix are all the rage in Europe.

In addition, Zhang Jun does not intend to let go of the markets of developing countries.

Although they don't have the money to buy a video recorder, and they don't even have a deposit, but Zhang Jun can open a video studio!

Zhang Jun was sitting in the office, looking at the map while making plans.

"Video hall chain store, serious, not that kind of dirty place..."

"In Asia, Africa, and South America, there is still a market for video halls. In the mainland of the 80s, video halls were very popular. It can be said that it is a deep memory of a generation that cannot be erased."

Zhang Jun murmured, but he could understand.

The mainland is too poor, and the material life is still very poor. Various foreign thoughts are flooding into China, and people eagerly pay attention to the world outside the region to absorb nutrition.And at that time, televisions were not popular yet, and having a tape recorder at home was already very good.But the recorder can only listen to the sound, there is no picture.At the same time, there may be more newspapers, magazines and books in cities, but it is almost difficult to find them in some remote villages.It is in such a situation that the video hall came into being.

"The video hall market has a bright future, and I should lead the development of this industry!"

The more Zhang Jun thought about it, the more excited he became.

Video halls do work.

At that moment, Zhang Jun wrote down the thoughts in his heart.

In the afternoon, he convened a meeting to discuss the plan to check for gaps.

After several days of discussion, the plan was perfected, and a company was formed: YouTube Video Hall, and $2.5 million was invested in growing the company.

Uh, just looking at the name, you can tell that Zhang Jun chose it. He is really too lazy to think about it, and it may be a hobby.

It seems cool to think that Netflix, YouTube, Disney+, etc. will all be his companies in the future.

(End of this chapter)