Start earning money as the girl next door

After all, the penetration rate of computers in the Yingjiang area is now comparable to that of televisions, and users even spend more time using computers than watching television.

In the long run, TV users will undoubtedly use their TVs for shorter and shorter periods of time. Watching TV series or movies through the Internet will be the future development trend...

For viewers who watch movies online, the richness of content is far better than the fixed programs broadcast on TV or cinemas, which can better meet the diverse needs of users.

In the long run, it's an infinite market..."

There is no doubt that Yu Weiwei's PPT is very attractive in the eyes of IDG and Sequoia Capital bosses.

The main thing is that this PPT is not only a vision, but also technically mature.

This model mainly replaces traditional TV media and even a part of offline movie theaters.

Especially for the distribution channels of optical discs, it is a dimensionality reduction blow.

Historically, Netflix started to rent optical discs a few years later. In order to avoid being hit, it transformed itself into an online streaming paid video business.

"Okay, I have a general understanding of your business model, and I also think it has huge market prospects. The main issue I am concerned about now is the cost of your business model. For example, for a novel website, how do you solve the copyright cost." Sequoia asked Capital boss Michael Moritz.

“Copyright for novel websites costs almost zero, and we do not pay authors directly.

Instead, the author signs a contract with us, and then, after the readers generate income by paying to read, we will share 70% of the income with the author.

Basically, the author's royalties are paid by the readers, not us, and will not constitute an additional burden on us. "Yu Weiwei said.

"Okay!" Michael Moritz couldn't help but said, "I want to invest in the novel website! I don't know, how much is the valuation?"

"1 million US dollars." Yu Weiwei said, "In fact, we have already made a profit, but for better development and the need to go public, we need to introduce venture capital."

"I accept this valuation, how much can I buy at most?" Michael Moritz asked.

"The authorization I received is that the first round of venture capital can bring in up to 40% of the equity, and it cannot be one venture capital institution. It needs to be multiple. Investment is only allowed on the premise that it does not affect our strategic development." Yu Weiwei Said.

"No problem. We at IDG have never interfered in management, and we have cooperated with you many times." McGovern, the boss of IDG, said with a smile, "If you do the same and quietly read the Net Eagle Sauce business, we will invest 20% of the equity."

"Okay, Lao Mai! I will also invest 20%, 2000 million U.S. dollars!" Michael Moritz of Sequoia Capital, although he wanted everything, but he knew that Lao Mai was an old acquaintance with the other party and could get 20 million U.S. dollars! % is already pretty good.

Michael Moritz does not need to conduct in-depth investigations to know that this industry has huge prospects.

Although, most people in Yingjiang don't like reading very much and their cultural level is not high.

Many people in Yingjiang have dyslexia, which is much more serious than growing flowers.However, Yingjiang is rich.

Even if one tenth of the people in Yingjiang read novels online, it is still a consumer market of 3000 million people in developed countries. If the annual consumption is 400 US dollars, the final market volume can reach 120 billion US dollars.If the potential of the paid subscription market is unleashed, US$120 billion would be enough to become the world's largest market.

The amount of entertainment consumption per person in Yingjiang is probably dozens of times equivalent to that per capita in developing countries.

It is precisely because of this that this business model can easily attract venture capital as long as it proves itself.

"Okay! Next is the video website. We are also valued at US$1 million. We will transfer 30% of the equity this time." Yu Weiwei recommended.

The advantage of Jingjingdu.com’s Eagle Sauce business is that it is now profitable. After venture capital investment, it should be able to be listed on Nasdaq within two or three years of operation.

As for online entertainment video websites, although they have great prospects, they are still in their infancy. It is not easy to judge whether the future will be as described in PPT.Therefore, it is now valued at US$1 million.

McGovern thought for a while and then expressed his stance: "1000 million US dollars! I will invest 10% of the equity in the video website."

"Lao Mai, you are just too cowardly!" Michael Moritz laughed, "Then I want it all! US$2000 million, 20% equity of the video website!"

"We can't be as rich as you, Sequoia." McGovern didn't care either.

Different venture capital institutions have different styles. As long as they can make money, that's fine. There's no need to compare with Sequoia.

Sequoia Capital is not only a veteran in the field of venture capital, but also has the highest annualized rate of return among venture capital companies that have been established for more than 30 years, reaching an annualized rate of return of more than 20%.

Generally speaking, Sequoia Capital and Buffett's annualized return levels are similar.

It is more than one level higher than the average annualized rate of return of 15% in Yingjiang's venture capital industry.

In the short term, venture capital may invest in some large projects that are hundreds of times or thousands of times larger. In fact, in the long run, venture capital returns gradually return to the mean and become more and more similar to traditional investments.

Even so, among all types of investments, venture capital has the highest average rate of return.

After all, people are taking huge risks. If it cannot be a little higher than traditional investment, then venture capital will not be attractive.

Chapter 451 The road donated to my hometown is completed

September, Jiangcheng County.

Yeshan Town.

The town beat gongs and drums to celebrate the completion of the cement road from the town to the outside.

In the past, when you got off the national highway, you had to walk through a dirt road to get to the main residential area in the town.

This section of dirt road has virtually increased the cost of transportation into the town.

Many vehicles are unwilling to carry goods because of the bumpy dirt roads.Or even carrying cargo.The efficiency is not very high either.

With the completion of this section of road, the cost and efficiency of transportation in the town will undoubtedly be greatly improved.

“The cement road in the town is now accessible thanks to a donation of 100 million yuan from Wenwen Jingjing Technology Company.

Wenwen Jingjing Company is not only the pride of our county, but also the pride of our town. Its founders, Mr. Zhao Han, Ms. Chen Wenwen and Ms. Chen Jingjing, are all young people born and raised in our formation.

Wenwen Jingjing Company, which made its fortune through science and technology, never forgets to help our fellow villagers become rich. It not only purchases tea leaves from our township, but also drives the development of the honey industry in our town.

We also donated this cement road free of charge, so that in the future we can not only travel to and from the county, but also have lower transportation costs, and it can also bring about a lot of development opportunities. "

Deputy Mayor Zhou Hongxing said happily, "Now I invite Ms. Bai Li, Zhao Han's mother, to come to the stage to speak."

Bai Li was very happy. She went on stage and took the microphone and said, "I'm very happy that my son can make a difference.

He engages in some Internet and high technology that we don’t understand, and a bunch of venture capitalists rush to invest in his company.

But I believe that the Internet, that is, surfing the Internet, is not an idle job as everyone imagines, but it has a lot of job opportunities and business opportunities.

For example, the honey in our town used to be exported at low prices.

But with the Internet, we can build brands and sell online.The purchase price can be continuously increased and the quality of honey can be continuously improved, thus improving the income status of beekeepers.

We don’t do the foreign policy, where everyone overproduces honey, lowers each other’s prices, and buys it at the lowest price.

We build our own brands, and as long as we make profits, we will continue to increase the purchase price, allowing the folks to do the same work as before, but make more money than before.

Once the road is completed, we will introduce some express companies to settle in the area later.

With the courier company settling in the town, the biggest change is that some online purchases can now be delivered.

In addition, goods can also be sold to consumers across the country through express delivery.

I sincerely hope that everyone will be smart and see what business opportunities there are now, not only tea, honey and other concentrated products, but also explore more products. The best thing is that we actively embrace the Internet and directly expand our business to the whole country.

If we can seize the opportunity of the Internet, we can probably change the face of poverty in the town and gradually reap the dividends of the times and drive our economic development. "

Following Bai Li's speech, a group of people in the town applauded.

The main thing is that now that Zhao Han's reputation is getting bigger and bigger, the town is also trying to rely on local sentiments to gradually attract investment and assistance from Wenwen Jingjing Technology Company in the future.

Although Wenwen Jingjing's company has contributed to the town's economy, in essence, it has only boosted the town's annual output value to tens of millions of yuan.

Driven by this, the town's economy has obviously improved.At the very least, it has changed the economic status of at least a few hundred households.

But this is not enough. The population of the entire town is actually more than 2.

The more investment we can get, the easier it will be to achieve political results.

……

"Son, the roads in the town have been repaired. I gave a report in the town, and it was a great success. I specially learned some Internet terms and confused everyone."

"Oh, I see..."

"Whenever you come back, everyone wants to thank you."

"I'm busy, I'll be back during the New Year."

"Oh, okay! Business is important. By the way, let's introduce express companies and encourage e-commerce in the town. Am I right?"

"That's right! Let people calculate the cost. If the express delivery fee plus the cost, you can make money by selling it, then there is no problem in being an e-commerce business.

As for express delivery costs, we can collectively place a large order and negotiate a lower price.

Then, all kinds of goods can be shipped in the town, and dozens or hundreds of more profitable Taobao stores can be developed, and the foundation of an e-commerce town will be established. "

After Zhao Han received a call from his mother, he learned that the road in the town had been repaired.

To build cement roads, the water conservancy purchased is actually the cement factory in the town.

Although there are cement factories in the town, most of them are supplied to counties, provincial capitals and other places. As for the town to build its own cement roads, it still has to spend money to buy them.

After purchasing cement building materials nearby, the labor cost for road construction was basically free. The main thing was that the town mobilized the labor force after the slack period and provided meals before construction started.

The standard of road construction is not high, just better than the previous dirt road.

Therefore, the cost is not high, but it can be regarded as a big real-time achievement. The dirt roads in the town were converted into cement roads more than eight years in advance.

This not only makes it easier for residents in the town to return home, but also immediately increases the cost and efficiency of transporting goods.

Later, many natural villages in the town were able to carry out live broadcasts and deliver goods in rural areas. The main reason was that roads were built and express companies settled in.

Then, there are some local promoters of live broadcasts and e-commerce websites who go to rural areas to teach farmers how to engage in e-commerce and live broadcasts. Even the express delivery company Pinduoduo actually introduced it to the villages.

In a sense, there is a reason why Pinduoduo was able to defeat Taobao later.

For example, in terms of agricultural products, Pinduoduo has taken the initiative to sink the market to rural areas. It not only teaches farmers to set up e-commerce to sell agricultural products in the villages, but also naturally brings Pinduoduo a user group of rural sinking markets.

Of course, later Pinduoduo was responsible for infrastructure construction. The government had to complete the infrastructure construction. Basically, after the infrastructure in rural areas was already very good, express delivery could be provided. Therefore, it would settle in rural areas where express delivery infrastructure was established.

Otherwise, without express delivery infrastructure, Pinduoduo will take the lead in reaching the rural market.

Zhao Han can donate money in advance to build roads in his hometown towns, but it will not be enough to solve the infrastructure construction of countless rural areas across the country.

Of course, when the rural infrastructure is completed in the future, Zhao Han would not mind learning from Pinduoduo and running e-commerce in rural areas.

At first, many people thought this was thankless, but in fact, in the era when traffic is very expensive in later generations, this kind of e-commerce promotion in rural areas not only brought some incremental sellers of sideline agricultural products, but also brought in Come a large number of incremental buyers.

This saves money and is more efficient than buying traffic foolishly.

Chapter 452 Watched the movie twice

September 9th, Saturday, is also Teachers’ Day.

The box office of "Rebirth Ten Years Ago" in mainland China has exceeded 5000 million yuan, and the box office in Hong Kong has also reached 1300 million Hong Kong dollars.

The movie also began to be screened in two major theaters in Jiangcheng County.

Zhao Han paid the company benefits as promised and purchased tickets to watch "Rebirth Ten Years Ago" online at Wenwen Services, and the company reimbursed him in full.

Zhao Han read it twice himself.

The first time it was Chen Jingjing who pulled him over to read it with great interest.After reading it once, Liu Mengcheng asked him to read it again.

After watching the movie twice, Zhao Han couldn't help but feel a little weird. The main thing was that he felt that some of the plots in the movie were gradually too similar to his own situation.

"Have you and Chen Jingjing watched it?" Liu Mengcheng said a little angrily after watching the movie.

"Well!" Zhao Han said, "She doesn't watch many movies. She spends most of her time writing code and relaxing."

"What about me?" Liu Mengcheng suddenly asked.

"Well..." Zhao Han said, "You have worked very hard too."

"I don't want to hear this." Liu Mengcheng asked, "Which one is happier with Chen Jingjing or watching a movie with me?"

"Well...it's nice to watch a movie with you."

"Okay, then, do you like me more, or Chen Jingjing?"

"how to say?"

"Hmph, scumbag."

Although, after saying this, Liu Mengcheng became decisive, pressed Zhao Han against the wall, slammed the wall, and kissed him fiercely with a biting posture.

Then, Zhao Han took the opportunity to put his arm around her waist... Originally, she had made up her mind to take the next step.

In the end, it was because Liu Mengcheng was too shy that the good thing failed.

……

9 month 12 day.

Jingjing Reading Network and Net Entertainment Video Network in the Eagle Sauce Market have raised US$4000 million and US$3000 million respectively, which have been reported to the company headquarters.