Reborn since 2005

In May 2015, Starlight Culture Communication Company and alphabet beat signed a ten-year technical cooperation agreement.

In this cooperation agreement, Starlight Culture Communication Company will cooperate with Alphabet Jump to establish a big data research center, and the two companies will jointly contribute manpower and resources to study the core algorithms of big data.

Starlight Culture Communication Company also promised to provide no less than 10 billion yuan in financial support to the research center within years, and both parties will share research results.

This is a very important cooperation for alpha jump, which has only been established for a few years, and it will enable them to accumulate more powerful technology.

The Star Group controlled by Yan Xin is the largest shareholder of Star Culture Communication Company, and Feng Xi is the major shareholder of Alphabet Jump. The couple made great contributions to this cooperation.

This cooperation agreement stipulates that both parties can share the core big data algorithms.

However, there are also restrictions: alphabet jump company cannot cooperate with any short video platform in technology, and cannot invest in short video platforms within 5 years after the end of the contract. Starlight Culture Communication Company cannot launch an information platform similar to Toutiao, nor can it invest in any similar information platform.

When signing this contract, Yan Xin was actually not aware of what kind of technical accumulation Alphabet Jump had in big data research.

In this area of ​​research, our company may even be inferior to that of Starlight Culture Communication Company itself.

What made him decide to sign this contract was mainly the additional condition - Alphabet Jumping would not be allowed to invest in short video platforms in the future.

There is only one purpose - to restrict the potential future industry leader from entering the industry.

The cooperation period is 10 years, and after the expiration of the cooperation period there are another 5 years of no entry, which adds up to 15 years.

After 15 years, even if they wanted to enter, they probably wouldn't have the chance.

Yan Xin felt that it was money well spent to spend 100 billion RMB to strangle a future industry competitor.

In this world, he is the only one who knows how terrifying the jumping letters will be when they enter the short video platform in the future.

It's a being that kills people all over the world, and no one can stop it.

Yan Xin had not proposed such cooperation before, because he was a little skeptical whether his short video platform could really succeed.

If I fail to make it, and exclude the future overlord my wife has invested in, then wouldn't I be ruining both my eggs in two baskets?
Judging from the data of the past two years, the Starlight short video platform has become the first choice for short video enthusiasts and a well-deserved industry leader. He believes that it can replace Alphabet Jump's position in the industry in the future.

In order to eliminate a powerful competitor, it is entirely possible to squeeze out this future competitor through such cooperation.

This cooperation agreement, worth 100 billion RMB, is extremely important to Alphabet Jumping - they don't know how powerful they will be in the future, so it is impossible for them to give up this big order.

When signing the cooperation agreement, they did not feel that their development space was cut off. They were even grateful to Feng Xi, the major shareholder, for taking care of the company and using his connections to bring such a cooperation to the company.

That’s 100 billion!

The company is still in a loss-making state, and it is a serious loss-making state.

Being able to carry out technical cooperation with Starlight Culture Communication Company, a powerful Internet company, and having the company provide 100 billion yuan in support, how much money has this saved them?
Anyway, they have no idea of ​​setting up a short video platform now - there are already two giants in this industry, and the cost of entering now is too high. With their current financial status, they simply cannot afford it.

If you enter later, the cost will be even higher.

I have already lost the best opportunity to enter this industry, so there is nothing wrong with accepting such constraints.

Although their own company was subject to restrictions, other companies were also subject to restrictions and could not launch products that compete with Toutiao.

In terms of the company's strength, they still got a great deal.

So they are quite satisfied with this cooperation.

For Yan Xin, this means he is spending 100 billion to buy out the future of Alphabet Dance.

It is still a little difficult to come up with 100 billion RMB at one time.

However, it is not difficult to get 10 billion in 100 years.

Now, Starlight Culture Communication Company’s investment in technology has exceeded 10 billion.

Among the partners of Starlight Culture Communication Company, there are a few who have doubts about this transaction.

However, Yan Xin also successfully persuaded the major shareholders, and finally the cooperation agreement was signed and took effect.

Although alpha jump company is not very strong now and is still in a loss-making state, the data of the Toutiao app they launched is already quite good, and it is in a leading position among information platforms.

The company's technological accumulation is also at the forefront among Internet companies.

Both are Internet companies and both require technical support from big data. There is great complementarity in the cooperation between the two parties.

From the surface, it is hard to say who takes care of whom.

Yan Xin has no intention of creating a platform like Toutiao. Although it can control public opinion to a certain extent, the risks are also great, so he is not interested in it.

Signing the agreement relieved Yan Xin of his worries and made him feel a lot more relaxed.

Without the future industry giant, Acne Scar, joining him, he felt that he could have a field day in the short video field.

People have even begun to look forward to his future position as the richest man.

Whether you are the richest man in China or the richest man in the world depends on luck.

If they could change the fate of their international short video platform being forcibly acquired, there would be a certain chance that they would become the world's richest man.

At this time, he was much more confident.

Of course, that’s not possible at the moment.

At present, the Xingguang short video platform is still losing money - although everyone knows that this platform has a future, with so many users and such a large amount of traffic, it will definitely make a lot of money in the future.

But the fact is that we are losing money now.

The platform now has a monthly revenue of several billion, but its expenses are even greater, and it still has to invest a lot of money every month.

The number of registered users is close to one billion, which is scary to say the least.

But the actual number of registered people is not that high. Many of them are small accounts, and some are zombie accounts registered by water army companies.

However, the actual data is quite impressive, with the number of daily active users reaching more than 100 million.

This is a very scary statistic.

The advertising revenue alone is now around 20 to 300 million yuan a month.

Add to that the sales of virtual props, and there’s not much difference between that and advertising revenue.

The platform's monthly revenue is quite considerable.

The e-commerce sector is also growing rapidly.

Although he has not reached the size of Boss Ma, the distance between them is closing rapidly.

Although I was losing money every month, that was because the investment was too huge.

Now we have to compete with competitors for market share, so the investment must be huge. The subsidies provided to high-quality short video content creators alone are a considerable investment.

There is also promotion on other platforms.

There is also investment in technology.

Wait, wait, everything costs money.

It is easy to turn losses into profits, just reduce investment.

But now is the development stage, we definitely can’t do that, we can only continue to burn money.

The e-commerce sector still does not charge any commission, which gives the store owners more profits and allows consumers to save some money.

With such favorable conditions, this sector has developed rapidly.

Although the platform does not make money from e-commerce now, Xiguang Youxuan has made a lot of money on this platform. The Jinxi Group, to which Xiguang Youxuan belongs, is a company owned by Feng Xi and Yan Xin, which means that Yan Xin has made money.

Other major shareholders may be losing money, but Yan Xin will never lose money.

Now Xiguang Youxuan’s sales have exceeded Jinxi E-commerce’s sales.

Moreover, because of the platform’s preferential treatment, Xiguang Youxuan has lower costs and greater profit margins.

Feng Xi shifted the focus of e-commerce to the Starlight platform last year, and results are already being seen.

Although Jinxi Group is not listed, it has caught up with the trend of online shopping and its performance growth is quite terrifying. Now its monthly profits are also considerable.

Higher profits than most listed companies.

——The main reason is that the added value of their products is too high.

The outside world is not clear about the company's profitability. Only the couple know how profitable the company is.

It can be said that among all the companies invested by Yan Xin, this company has the highest profit.

The sales volume is not as good as Feng'an Group, but the profitability is stronger than Feng'an Group.

Moreover, Feng'an Group has too many shareholders, and Yan Xin, the largest shareholder, does not hold much share.

But the Jinxi Group belongs to the couple, and each of them owns half of the shares, so the profit will be much greater.

The industrial layout of Jinxi Group has been almost completed, and it has repaid a lot of loans. It now still has a few hundred billion yuan in loans that have not yet matured.

The company's cash flow is now quite sufficient, and huge amounts of funds are lying in the company's accounts.

Feng Xi has discussed with Yan Xin whether to set up an investment company and use the money for investment.

Yan Xin was actually a little worried - he felt that he had no talent for investment and could only reap the benefits of rebirth.

But the benefits of rebirth can only last for a few years, and what to choose at that time is a big problem.

He has no idea at all.

Feng Xi's investment performance in his previous life was also quite poor, which made him doubt whether he could make money by setting up an investment company.

Is it making money or losing money?
Feng Xi did some ideological work on him. They didn't need so much money anyway, and it would be a waste to keep it in the bank.

The investment layout of the supply chain has been completed. This involves their sales capabilities and the market's ability to bear. It is impossible to continue investing, so the requirement for subsequent investment is not that great.

It’s better to invest it.

It doesn’t matter even if you lose a little, just think of it as paying tuition.

In the end, Yan Xin agreed.

Just like that, in May, another company was added to the Jinxi Group, Jinxi Technology Investment Company.

The main purpose is to use the surplus of Jinxi Group to invest in some technology companies.

Jinxi Group is just their husband-and-wife business. There is no other capital injection. They just give a very small portion of shares to senior employees as option incentives. The controlling power is still in their hands, and they can do whatever they want.

The company does not have many employees, and Feng Xi serves as the general manager. All investment projects must be reviewed by her before they can be implemented.

There are only about twenty employees besides this.

But these employees all graduated from famous universities, including top domestic institutions and famous foreign universities.

Yan Xin knows his own abilities and he does not participate in decision-making.

Jinxi Investment Company's first investment was in the chip industry, investing 1 billion yuan in a chip company.

Yan Xin had some concerns about such an investment - according to his memory from his previous life, the domestic chip industry did not seem to be doing very well.

Anyway, before he was reborn, the domestic chip industry was not doing well and was beaten by its foreign counterparts.

In the last few years before his rebirth, he knew that a lot of money had been invested in this industry, but he didn't know whether it would be effective in the end.

He raised his doubts to Feng Xi:

"It seems that our domestically produced chips have no foundation. I seem to have heard that there are too many scammers in this industry. If you invest in this field, will you lose money?"

Feng Xi explained to him: "There are indeed many fraudulent companies in this industry, but not all of them are fraudulent companies. The chip company we have chosen now still has certain technical strength. I dare not say whether it can succeed, but they are definitely not a fraudulent company."

"Are you confident that you can make money?" Yan Xin asked.

"I don't have much confidence," Feng Xi said with a smile, "but it doesn't matter if I lose a little. As long as I contribute to the technological development of this industry, I think it's worth it."

Yan Xin looked at her with some doubt: "So great?"

"Now that we have money, we can do something meaningful. I think it is more worthwhile to invest some money in research in this area than to donate it to charity organizations," said Feng Xi.

"I heard that this industry is very money-intensive, and I'm afraid you won't be able to accomplish anything with 10 billion." Yan Xin still felt that something was wrong.

According to his memory, in the years before his rebirth, hundreds of billions or even trillions of hot money may have been invested in this industry, but it seems that no products were produced that could outperform their overseas counterparts.

Ten billion, wouldn’t it mean that there would be no sound at all?

"It's not that exaggerated," Feng Xi told him with a smile, "We are not investing in mobile phone chips, but automotive chips. The technical difficulty is not that great. And the 10 billion is not the final investment, but only an initial investment. I think it can produce results."

Under her insistence, Yan Xin finally agreed.

As she said - even if it doesn't make money, it has contributed to the technological development of the industry.

(End of this chapter)