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Zhou Buqi originally thought that the opponent's bones were very hard.

They were all ready to let Meng Houkun come out to solve the problem.

Unexpectedly, when one person said something, the other person would relent.

The next day, Banmi publicly apologized, posting simultaneously on Weibo, WeChat Moments, official accounts, Facebook and other platforms, and wrote a "Letter of Apology to Banmi Friends".

The content is sincere.

It was like kneeling down and surrendering.

They said they have removed corporate travel projects and will make rectifications to their business. At the same time, he also apologized for the inappropriate remarks made by the previous CEO, and answered some high-profile issues, such as Banmi's charging issues and how to deal with employees who have been punished or even fired by Silicon Valley companies.

Banmi said it would provide necessary help to these Silicon Valley employees who were criticized for participating in company travel projects.

Zhou Buqi saw the letter.

It's funny.

help?

Can you help?

There are more than one million in the account. What can I do with this little money? Because of this incident, hundreds of Chinese employees in Silicon Valley may have been fired from their unions.

However, it is always a good thing to give in.

Clarified attitude.

Tensions over in Silicon Valley can also be relaxed.

Then Zhou Buqi sent a group email to Facebook, Apple, Amazon, Google and other Silicon Valley giants in his own name, and gave them some simple explanations, and that was about it. Don't go online, don't ruin the employment environment of Chinese employees in Silicon Valley just because of trivial matters.

Because this was a project that Boss Zhou paid personal attention to, Liu Qing did not dare to slack off.

At the same time that Banmi issued a letter of apology, Liu Qing also flew back to the capital from Shanghai to make a face-to-face report on the matter.

Zhou Buqi was very happy. He brought her coffee specially and said with a smile: "This went smoothly than I thought. I thought it was going to be a little cruel!"

"Who dares?" Liu Qing was very relaxed, "Let alone a start-up company, even Baidu and Ali wouldn't dare to challenge you directly, right? Besides, what they did is wrong."

Zhou Buqi asked: "There are many domestic travel companies that offer similar corporate tours, right?"

Liu Qing nodded lightly, "Well, it has caused a lot of trouble to the industry."

"Isn't this banned?"

"There is no forced ban. Even those start-up travel apps can hardly get any financing now, and it is difficult to survive. Baidu is doing this, and it is doing quite well."

"Baidu?" Zhou Buqi was surprised, "Baidu is rectifying this market?"

Liu Qing smiled and said: "Well, Mr. Li is still very responsible in doing things. It's just that the methods are different from you. He... he is still quite personable. He doesn't do anything hard. He just uses the market. The rules are being done.”

Zhou Buqi said "Oh", "You are talking about the merger of Ctrip and Qunar, right?"

Liu Qing said: "Yes, this is just the first step, and now there is movement again."

"What's the noise?"

"Baidu is now the largest shareholder of Ctrip and has launched an acquisition of another travel company, eLong."

"I'll go!" Zhou Buqi couldn't help laughing, "Baidu wants to unify the domestic Internet tourism industry and integrate the three largest companies together."

Liu Qing said with a smile: "Because Baidu Nuomi only has a takeout business, which is different from Fantuan. Fantuan provides local life services, and takeout is only one of its businesses. It has entered many areas of local life and has a great impact on the market. "

Zhou Buqi didn't take it seriously and said: "Ziweixing only needs to do its own thing well. It will be difficult for others to catch up no matter how they develop."

Liu Qing said: "Now there is an industry where opportunities may come."

"Which industry?"

"Short video."

"Um."

Zhou Buqi nodded.

Indeed, the general environment has changed.

Since last year, 4G has been available in China, which has greatly improved the network speed. This year, the policy of “increasing speed and reducing fees” has been further proposed, which will significantly reduce mobile phone data fees, which can greatly stimulate the development of mobile apps.

Especially those apps that consume a lot of data.

This is the short video field that Zhou Buqi has been paying close attention to for a long time.

Zhou Buqi said: "The policy of increasing speeds and reducing fees is a huge benefit to high-bandwidth applications on mobile phones. However, it may have to wait until next year for full implementation."

In fact, this is indeed the case.

Douyin was born in 2016.

It was the improvement of policies and infrastructure that created the short video trend.

In the past few years, many short video products have actually appeared in China.

But without exception they all failed.

Because the policies are not implemented and the infrastructure is not perfect, the prerequisites for the industry do not exist. Even Kuaishou only started to comprehensively promote short video business after the 4G network was fully rolled out this year and the policy of "increasing speed and reducing fees" was proposed.

Even if Zhou Buqi had foresight, he would not have been able to create Douyin in advance.

Even if he did it, he would definitely die.

Liu Qing said with a smile: "It is true. In the past few years, many short video startups have appeared in China, but they have not ended well. In the past few years, the domestic entrepreneurial boom has been so fierce, even more enthusiastic than Silicon Valley. high."

Zhou Buqi said: "The competition is too fierce."

"Yes, so many startups have also discovered that the domestic competition is too fierce and the probability of survival is too low. Many entrepreneurial teams have set their sights overseas. They would rather put their entrepreneurial projects in overseas markets. Liu Qing, as the chief investment officer of Ziweixing, is very familiar with market trends, "Banmi is a typical example. Doing tourism projects in China is a red ocean, but going to the United States to develop has opened up a new world."

Zhou Buqi nodded, "This should be a major trend. Domestic mobile Internet products are so competitive, better than those made by major Silicon Valley manufacturers. Many projects that cannot survive in China will not survive if If they can change their thinking and develop overseas, they will be very competitive.”

Liu Qing agreed, "It's true. In the past few years, many entrepreneurial teams in China have given up on the local market and settled in the United States. Many projects are doing well, including the short video field."

"Huh? Short video?"

"The basic network environment in the United States is much better than that in China. It is temporarily inconvenient to do short video business in China, but the United States has such infrastructure. Many people who make short videos in China have basically died and went to the United States to develop. , but can stand out.”

"Really?" Zhou Buqi was particularly concerned about this, "Who is it? Is it started?"

Liu Qingdao: "Well, it's doing very well. There is a short video application called Musical.ly, which is very popular among young people in the American market. It started last year and has millions of users. The market response is very good. . This is a product made by a domestic team.”

“Musical.ly…”

Zhou Buqi took a deep breath.

Sure enough!

In the previous life, Douyin was actually modeled after Musical.ly, and was later sued for infringement. Fortunately, Byte had already successfully started a business and was very wealthy. It directly spent US$1 billion to buy Musical.ly.

Winning Musical.ly means helping Douyin expand overseas markets.

Since then, Douyin has been popular at home and abroad, and it is out of control.

Liu Qingdao: "I have received the application. Musical.ly is seeking Series A financing, mainly targeting domestic investment institutions. The entrepreneurial team is all domestic, and they don't seem to have any connections with U.S. dollar institutions."

Zhou Buqi said decisively without hesitation: "Take it!"