The Millennium Semiconductor Survival Guide.

Chapter 113 Quora Golden Selection

"Thank you very much for having so many loyal Quora users come to the site to participate in the Quora product launch event."

"Quora's existence today is inseparable from Quora's high-quality users. Quora is just a platform, and the high-quality content in it is created by every user."

"Behind me is a Quora LOGO composed of the verification codes of millions of Quora registered users. It is because of you that Quora exists."

The poster complained: Zhou Xin really loves the verification code.

"Silicon Valley says I'm the best Internet product manager, even if I'm the best Internet product manager, I can't make Quora what it is today without users."

“In the past six months, many Quora-like products have been launched throughout Silicon Valley, such as infoworld, wired, MERCURY, etc. None of these products that tried to replicate Quora were successful.”

"Why? Because they don't have as good a client as Quora."

Ten o'clock in the morning in San Francisco is one o'clock in the morning in Yanjing.

At one o'clock in the morning, the Tianya Zatan board in the Tianya community was still very lively, especially the live broadcast of the Quora conference post.

Wu Shiqiang was watching this live post at the same time at his home.

The live posts were updated very quickly. When Zhou Xin said something, the post was updated. The time delay was no more than 15 minutes.

After Wu Shiqiang returned to China, the work did not go smoothly.

Because now not only Internet companies in Silicon Valley are hot, but Internet companies in Zhongguancun are also hot, and the entire market is not short of hot money.

Wu Shiqiang was able to win the favor of entrepreneurs with Zhou Xin's name, but he asked a lot of questions and did not invest in these entrepreneurs.

This caused his reputation in Zhongguancun to gradually become bad, and he was even given the nickname Wu Sanshe, which meant that he should stay away when seeing him.

Anyway, Wu Shiqiang would not invest in real money.

Wu Shiqiang opened Suspicion again. Suspicion is a question-and-answer community launched by Sohu, and there are similar questions in it: "How to evaluate Quora's first press conference?"

Someone above is also updating the answer in real time, but the update in the suspicion is about 15 minutes to update the answer, which needs to be refreshed constantly.

Once the contents of the press conferences on both sides are combined, we can know roughly what the boss is talking about, Wu Shiqiang thought.

There must be a gap between returning from Silicon Valley to Zhongguancun, especially the entrepreneurs I met in Zhongguancun, their ideas almost all copied American’s business model.

After the launch of Quora, Sohu launched Doubt, Sina launched Xinwen, and Netease launched Yiwen.

Even a small company called Tencent in Pengcheng launched Goose Questions.

When Wu Shiqiang saw Xinwen for the first time, he thought that the boss had returned to China to start a business. When he saw Goose Ask, he suspected that he had gone to the official website of the goose farm.

So far, Doubt is doing the best job. Zhang Chaoyang is a matchmaker, and a group of scientists and experts in humanities and social sciences have been found to settle in. The quality of the community is the best.

Xinqian likes to put news on it for discussion, and it is also related to the business of Sina.com. At the same time, there are a lot of them in your country?Answers to fixed questions.

As for Yi Wen, the response was mediocre and no one cared about it.

Goose Ask is much better. With the help of a large number of QQ users, some color problems above have caused the popularity to remain high.

After Zhou Xin learned about it from Wu Shiqiang, he thought to himself, you all have so many names, why is there no one named Zhihu?
The most projects that Wu Shiqiang has seen during his time in the office are copying Quora. We will be able to realize profitability immediately when the regulatory requirements for electronic payment are relaxed.

The business format of Riot Games is not feasible in China, not only because of rampant piracy and lack of supervision, but also because of the current productivity and per capita disposable income in China, which simply cannot support the birth of a large number of legitimate users.

Even if it is transported to China, it is downloaded by one person, and then shared on major online forums.

So no Internet company has ever thought of transferring the shape of the fist.

As for NewPay, the regulation does not allow it, and the regulation is relaxed, and it is not something that ordinary entrepreneurs can play.

Only Quora was caught by Chinese entrepreneurs.

A group of entrepreneurs came to Wu Shiqiang with a plan. There is no such thing as PPT entrepreneurship. PPT entrepreneurship has to wait until the mobile Internet becomes popular.

The sayings are all the same, we have already set up the website, and when your funds are in place, immediately use the funds to hire academic experts and sociologists, and then use them to attract college students, and finally ordinary users.

This is the suspicious way of playing, the product borrows from Quora, and the style of play borrows from suspicion.

Later, Wu Shiqiang refused to let entrepreneurs see him, so he went to look for entrepreneurial projects.

At this time, Tencent, behind Goose Ask, successfully attracted Wu Shiqiang's attention by relying on the rapid increase in the number of users.

After he went to Yanjing Internet Cafe for a walk, he found that almost everyone on the Internet was using QQ under the name of Goose Factory.

This quickly aroused Wu Shiqiang's interest. He has already contacted Tencent and bought a ticket for Wednesday.

As for why entrepreneurs in Zhongguancun believe that the controller behind Xinxing Investment is Zhou Xin?In this era of no business investigation.

This is because on Zhou Xin's Quora personal homepage, it says "Founder of Emerging Investment" in Chinese.

Coupled with the photo of Wu Shiqiang and Zhou Xin in Wu Shiqiang's office, the combination of the two is the most powerful evidence.

Back at the press conference in San Francisco, Zhou Xin continued: "After the news that I was going to sell Quora came out, the private message column of my Quora account was about to explode.

Originally, I could receive tens of thousands of messages every day. In the few days after the news was made public, my daily message column was [-].

Mostly Quora users are telling me how much they like Quora, and telling me not to sell.

It is said that if Quora is managed by a big company, they only pursue profit and never consider the feelings of users.

Now Jerry and Bill are in the audience, Bill, Jerry, I believe you are not right? "

The camera showed both of them at the same time, and two big faces appeared on the screen behind Zhou Xin.

Yang Zhiyuan thought to himself, he didn't say there was such a link.

He and Bill nodded awkwardly.

Zhou Xin continued: "Look, they made a promise, and we have 1 Quora users on site to testify.

Well, no kidding, it's up to you how you manage the business after it's sold, and I won't and have no right to interfere.

When I saw so many people trying to keep me, I said to myself: brother, I think you probably did a good job, so many people want you to stay.

But a journey has an end, and my days with Quora are limited.

In my hand, Quora has reached a bottleneck. It is difficult to break through this bottleneck with my own efforts.

I believe that both Yahoo and Microsoft can better help Quora break through this bottleneck based on the foundation I built. "

There was a lot of whispering from the audience.

Zhou Xin continued: "But before I leave, I need to release the last feature of Quora, the last feature developed by me.

I've been thinking, what is Quora, and I realize now that Quora is a medium, and everyone on Quora can be a medium.

Your answer is spreading the word to all users who follow you, and users who will see your answer.

Compared with online communities, Quora increases the stickiness among users.

If you have a hundred followers, then you are a campus newspaper; if you have a thousand followers, you are a local media in a town; if you have 1 followers, then you can influence a smaller newspaper Cities; what if there were 100, 1000 million, or even [-] million?
By the time you have 1000 million followers, I'm sure you'll be on par with the New York Times.

So if Quora lets users be media, why doesn't Quora make media itself?

So we launched Quora Gold Picks! "

This is similar to the combination of Zhihu Daily and Zhihu Yanxuan. The American people understand gold panning better, so they use Jinxuan.

Yanxuan foreigners can't taste this artistic conception.

Zhou Xin paced the stage: "Quora Golden Selection is released every three days, and it will gather the answers with the highest number of likes on Quora in these three days.

Different answers to the same question will not be selected repeatedly.

For example, there are two answers to question A, and the second-ranked answer has more likes than the first-ranked answer to question B. We still will not choose the second-ranked answer to question A.

The entire Quora Golden Pick consists of 20 answers, which we tested internally, which is about the content of a New York Times.

The 16 answers are sorted according to the number of approvals and the questions are not generated repeatedly, and 4 of them are generated according to your preferences.

We have developed the latest recommendation algorithm. The recommendation algorithm will calculate the questions you are most interested in based on your browsing and your likes, and then select the answer with the most likes and push it to you. "

Li Yanhong is indeed a top talent and has extremely in-depth research on search engines.

The recommendation algorithm is not uncommon, and it can be traced back to 1992.

At that time, the Palo Alto Research Center of Xerox proposed a recommendation system based on collaborative filtering algorithm and used it for spam filtering.This is the earliest recommendation algorithm.

But it was not until 2003 that Amazon began to use the recommendation algorithm to try to recommend products that users might like to him.

Zhou Xin just proposed this concept with Li Yanhong, and roughly explained his understanding. In just three months, Baidu completed a commercially available recommendation algorithm and applied it to Quora Golden Selection.

After Zhou Xin mentioned Quora Gold Picks, the screen behind him also changed from Quora to Quora Picks.

Zhou Xin continued: "The price of each New York Times is $0.75, and the price of the Sunday New York Times is $1.5.

Quora adopts a monthly subscription system, and you can purchase it on a monthly basis. After purchasing, Quora Gold Selected content will be sent to you regularly through the email address you entered when purchasing.

Our list price is $7 a month, which is a little less than the price of 10 New York Times.

At the same time, Quora officials will draw 30.00% of the money for subscribing to Quora Gold Picks.

The remaining 70.00% will be allocated to each user who answers according to the content contribution.

For example, this month Quora Gold has selected 10 issues, with a total of 200 answers, of which 160 are fixed answers, which will be seen by all users.

Then these users will get 70.00% from the 0.5% of the Quora Gold Selection sales fee for the month.

One answer is 0.5%, and 40 flexible answers will enjoy the corresponding benefits according to the number of viewers. "

　Launched the Quora Golden Selection, further improved the electronic payment ecology, and implemented a monthly subscription system and automatic deduction.

　　Or ask for a monthly ticket at the end of the month!Give some to the crow, the crow wants a monthly pass!
　　
　
(End of this chapter)