Start earning money as the girl next door

Previously, the company had authorized these recruitments of venture capital in advance, and Yu Weiwei used the authorization to attract venture capital.

Overseas business is isolated from domestic business and does not interfere with each other.

In the future, even in an era when the storm is high and free trade is dead, it will not affect the normal operations of domestic companies.

However, overseas business still has great strategic significance. For example, Jingjing Reading.com raised US$4000 million in the eagle sauce market and was valued at US$1 million.

From an operational perspective, Yingjing Reading.com can have more funds to develop its business. Domestic online articles can also be exported overseas through the Yingjing Reading.com platform.

Online Entertainment Video Eagle Sauce Company is also the same.

When Yingjiang Company raises funds, it will also use the money to purchase various copyrights. In fact, domestic online entertainment videos can also sell copyrights to or exchange copyrights with Yingjiang's brother companies.

From the perspective of financial investment, these two companies have gradually entered the countdown to listing on Nasdaq after introducing venture capital.

It’s hard to say how much valuation Jingjing Reading.com’s business model can get on Nasdaq Yingjiang. No such company has ever been listed on Yingjiang in history.

But in the landscape of online entertainment videos, Zhao Han is the world’s reference for Netflix. After all, Zhao Han is in Netflix’s ecological niche.

At its peak, Netflix had a market value of hundreds of billions of dollars. Even if its valuation was later reduced, it could still maintain a market value of more than [-] billion US dollars.The reason is that Netflix makes real money from Yingjiang’s paid video market.

Naturally, its user base cannot be compared with YouTube, but the two are completely different.Simply put, the quality of Netflix users is higher than that of YouTube.One Netflix user is at least worth the value contributed by three or five YouTube users.

After Netflix, or the current online entertainment video model, you pay to watch TV series, movies, and animations. In this model, whether you can receive money mainly depends on two things: whether there is content that users like, and whether the users like it. purchasing power.

As long as these two points are solved, the paid video websites in the Eagle Sauce Market can be described as picking up money from a sack.

"Weibo International, why is there no financing?" Zhao Han asked.

"The main reason is that Weibo International is currently suffering from financing losses." Yu Weiwei said, "Weibo International now has 120 million registered users and 80 daily active users. Following the domestic advertising sharing model, it now has a daily advertising revenue of 1 US dollars, generally speaking, we can rely on Wenjing Media Company’s self-operated funds to support a larger scale.

In addition, after the successful financing of Jingjing Reading Network and Online Entertainment Video, they will be able to continuously place ads on Weibo to buy traffic, which is also an indirect blood transfusion for Weibo International.

If Weibo International has 100 million users to raise funds, it would be better to raise funds with 500 million or 1000 million users.

The characteristics of the Yingjiang market are that, in fact, there are not as many entrepreneurial teams in the Internet industry as there are in China. The main reason is that the amount of Internet investment in Silicon Valley is relatively large, which seems to be very popular.

But in fact, after a track is released, there will probably be a few or even more than a dozen teams competing in Yingjiang. It is unlikely that hundreds or thousands of teams will compete on a track!

Therefore, there is no need to be too eager to raise funds to accelerate development! "

"Oh, that's it!" Zhao Han couldn't help but sigh.

In a sense, there is a surplus of talent in the country.

When any track appears, countless people may immediately pounce on it, raise Gu in it, and kill the most capable group.

Capital is more willing to invest in 100 teams to fight. In the end, even if only one strongest team is left, it will not be a loss.

The battle between hundreds of video websites on the Internet and the battle between thousands of group-buying websites was the result of an abnormal competition that was fueled by a surplus of domestic talent and an excess of venture capital capital.

Of course, video and Thousand Regiment Wars are already relatively severe competitions, and eventually a number of powerful companies emerged. This is still a highly efficient one.

Highly efficient rolls are rolling around the world!

Later, photovoltaics, new energy vehicles, 5G and the like spread all over the world, with saturated research and development. One country has more practitioners than all other countries in the world.

90% of practitioners are in floristry, not only the domestic market leader, but also the supply chain and technology.As a result, the main market share of new energy vehicles and photovoltaics has also been taken away by domestic companies.

It takes large and special volumes to fully drive employment, scientific research progress and industrial chain development.

The result of such crazy and wasteful investment is that we originally had nothing and were just spectators of these industries, expecting others to provide technology and markets.

It turns out that this path doesn't work, and we can only develop on our own.Increased investment has resulted in the loss of technology, market and industrial chain.

If we develop according to the conventional model, look up to others and always lag behind others, that would be a more pedantic strategy.

It has been proven time and time again that this kind of arrogant gameplay, throwing money and people, will eventually have all the brands in the technology market, and winning is a yes!

From a macro perspective, this attitude of trying to involve other countries in the world regardless of the cost is undoubtedly correct.

Industrial competition is sometimes a war without smoke.The winner takes all, the loser gets nothing.

Both high and low, but also life and death!

Chapter 453

XNUM X Year X NUM X Month.

Wenwen Jingjing Technology Company.All business lines have shown gratifying growth momentum.

Jingjing Reading Network, the company's earliest website, now has 160 million daily IP visits, and daily VIP activity has reached 20.The daily transaction volume of the website reaches 20 yuan, of which novel subscriptions reach 6 yuan, and the scale of e-commerce reaches 14 yuan.

The number of installed users of Jingjing Pinyin input method has reached 2600 million. With an absolute advantage, it has firmly established itself as the leading Pinyin input method.At the same time, the monthly revenue from the input method skin has exceeded 300 million yuan. The advertising business revenue from the sign-in advertisement added to the personal user center has also reached more than 100 million yuan. The input method has made a slight profit of several 10 yuan per month.

As for Weibo, it is even more popular. It has 1400 million daily IP visits and more than 4.5 million daily PV views. It is far ahead and remains the largest WEB website on the domestic Internet.

Various other businesses, such as e-commerce, cultural service networks, and online entertainment videos, although their development has been slower, they are all developing steadily in the established direction.

As the company's business scale became increasingly complex, Zhao Han also held a strategic meeting with the participation of company executives to build consensus.

This consensus is mainly because Zhao Han needs to use this kind of retreat to tell what kind of pattern he wants to create.

Only if the direction is clearly drawn, the people below will not deviate.

"Everyone, Wenwen Jingjing Technology Company was registered and established in March 2004, and it has only been about half a year.

A year and a half ago, with a capital of tens of thousands of yuan, plus a monthly personal income of about 2 to [-] yuan, I started my personal Internet business out of my longing for the Internet. "

Zhao Han said with emotion, "Perhaps I am ignorant and fearless. I have neither technical advantages, nor capital advantages, nor talent and technical advantages. I have nothing, so I rashly started my Internet business.

It has developed to what it is now, with initial patterns and small achievements!This is by no means my achievement alone!

I am sincerely grateful to all the colleagues and partners who have joined the company during this process!

It is the joint efforts of all of you that have established the structure of our company today! "

For a moment, everyone in the audience couldn't help but smile cheerfully. The main reason was that Zhao Han was not only a small achievement, he was already a person who could stand shoulder to shoulder with Goose Chang, Du Niang and Ali.

"Of course, I am a little grateful to IDG Capital and SoftBank SAIF Fund. Their investment has accelerated our development...The scale of the funds has allowed us to increase some certainty of development."

Everyone present couldn't help but nodded. Indeed, the most important thing in starting a business is direction.But you have the right direction. If you do not have strong capital strength, similar products from large manufacturers may take advantage of your unstable structure and occupy your original ecological niche.

You already have an advantage, and then you get venture capital money!To a large extent, in addition to accelerating your own development and structure, you also need to avoid investing this money in your competitors!

At first it was said that there was little need for venture capital.

But venture capital came, and Zhao Han kept giving PPTs one after another, deceiving the venture capital bosses, and kept giving money.

Other entrepreneurs regard venture capital as their financial father, but Zhao Han regards venture capital as a cash machine.

What is the mantra? There is no need to give venture capital to money-making projects, and let venture capital invest money in money-burning projects.

Of course, it’s not just that the venture capital was taken advantage of. In fact, it also gave the venture capital some sweet spots.

Because if you don’t let venture capital invest in a track that venture capital is optimistic about, most of the money will be invested in similar competitors!

Attracting venture capital to invest actually reduces the funds available to potential competitors.

“In the early days of starting a business, I simply made a three-step plan for starting a business, which was Jingjing Reading Network, Jingjing Pinyin Input Method, and Weibo Network.

The reason why there are three steps is that each step consumes more resources and the pattern is larger.

The three-step plan in my imagination will probably be among the top ten small Internet giants in China. "

Zhao Han said with emotion, “So far, I can proudly say that the three-step process was successful!

Not only did it succeed, but it exceeded my expectations and succeeded several years ahead of schedule!

Chen Jingjing is commended here. There was only one programmer in the company in the early days. Before she graduated, she first completed the code for Jingjing Reading Network for the company, and then laid the foundation for Jingjing’s Pinyin input method.

applaud! "

In an instant, everyone present couldn't help but burst into fierce applause, without any reluctance.

But he is really full of respect for Chen Jingjing.

"General Manager Chen Wenwen is another person who contributes silently to the company. She has spearheaded many of the various profitable businesses.

Without her, in the early days of doing e-commerce and computer malls, and other profitable businesses, and making tens of millions of profits for the company in the first year, our development might have been slower, and we might have only taken the first step so far. "

Zhao Han said, "Applause to Mr. Chen Wenwen!"

There was a burst of applause, and it was extremely fierce.

"That's right! We also want to applaud Jack Ma. Without the Taobao he created, it would have been a big problem for our company to make money in the early stage." Zhao Han thought for a while and said, "Mr. Ma, he belongs to our company and does not require equity." Venture capital. Selflessness allowed us to make money on Taobao, thus laying a solid foundation for our early development!"

"Hahahaha!" In an instant, everyone present burst into laughter.

The main thing is that Jack Ma doesn't know that his Taobao has become Zhao Han's business, a free and unpaid venture capital that continuously delivers cash flow. He doesn't get any equity, but only gives away real money and silver profits.

Then, everyone gave Mr. Jack Ma and Taobao a round of applause for their contribution to Wenwen Jingjing Technology Company.

Zhao Han originally thought that Jingjing Reading Network was initially established in 2004, and around 05, Jingjing Pinyin input method had a small pattern.It was not until around 06 that we focused on Weibo.

The result was that success came sooner than Zhao Han planned.

The main reason is probably that the venture capital firms in the Internet industry from 04 to 05 were not as wealthy as they were later, and the funds they invested were not as arrogant as they were later.

In other words, the money-burning war started by video websites started in 06.Especially 10 years later, the trend of money-burning on the domestic Internet became more intense, and the track theory also gradually became popular during that period.

It was because the funds of venture capital began to expand and they were eager to seize opportunities in major tracks. As a result, the Internet gradually entered a stage of chaos and chaos, and the survivors were king.

In the early years of the Internet, there were not hundreds of companies competing in each track. Later, driven by funds, hundreds of thousands of companies in one track competed in crazy money-burning competitions, and eventually they were eliminated. There are only a few left!

In other words, if Zhao Han had developed a few years later, success would not have been easier, but more difficult.

Every night for a year, the difficulty of success increases exponentially.

Because the opponents that are considered to follow the trend now are generally on the order of dozens and hundreds of companies.In the future, there may be thousands of imitators!

"In addition to the traditional three-step plan, we now have three more steps. That is, e-commerce sales, cultural service network and online entertainment video network." Zhao Han said passionately,

“Although our e-commerce business is currently fragmented and piecemeal, we are doing e-commerce on Taobao, and we have also found every opportunity to add an e-commerce section to our self-operated novel website.

But there is no doubt that we are constantly actively exploring how to sell goods on the Internet.

As these practical teams gradually mature and mature, they will lay the foundation for our future development towards an e-commerce platform.

Wenwen Service Network is also an alternative e-commerce service, an O2O model e-commerce. In this market, we are currently on the same page as traditional C2C and B2C retail e-commerce.

But as we continue to develop, this pattern will definitely compete with the e-commerce giants in the future.

E-commerce companies like Taobao will definitely become competitors with our Wenwen Service Network in a certain period of time in the future.This is not a crisis, but a necessity. As long as we develop well and Taobao develops well in the future, our businesses will overlap to a certain extent. "

“Online entertainment video websites, we will not see profits in the short term.

However, with the support of venture capital and the fact that Net Entertainment Video will invest in some film and television works, it can support the website's continuous purchase of film and television copyrights.

This business is about accumulating and hoarding copyrights in the future.We are waiting for the copyright environment to begin to change and enter the era of genuine video websites. "

Originally, many employees of the company had no idea or confidence about the development of each business within the company, and were confused.

But Zhao Han has the wisdom in his hands, as if the future will be based on what he said and he will continue to achieve his set goals.

Originally, I didn't know what direction I was taking, whether it had any meaning or future, but after listening to Zhao Han's analysis, I felt that my company was simply too awesome. Every time a project was dismantled, it was like a giant at the head.

To put it simply, the company is like a huge monster incubator. Every time one is hatched, it is possible to develop into a giant at the forefront of the industry.

“In addition to the foundation of our key development, that is, the domestic Internet. Compared with other Internet companies, we are more proactive in deploying the global Internet.

Taking advantage of the fact that the global Internet market environment is still relatively open, we have already laid out the Yingjingjiang version of Jingjingdu.com, the Weibo international version and the online entertainment video international version in the Yingjiang area.

Most of the domestic Internet business models are imitated by Silicon Valley and copied domestically.

On the contrary, we develop domestically first. There is no such business model in Silicon Valley, so we actively promote it to Silicon Valley.

In terms of business model innovation, we should be at the top of the world and far ahead! "

The people present couldn't help but burst into even more intense applause.

Chapter 454 Corporate Culture and CCTV Interview

“We are continuing to develop our overseas business.

Even taking into account the policy environment and market environment, I isolate overseas companies from domestic business.

However, overseas business has also provided our domestic business with a fulcrum for cooperation overseas.

For example, the Chinese copyright of our Jingjing Reading website can be translated into the English market, which will bring us more overseas copyright income through the overseas market of Jingjing Reading website.

The same goes for online entertainment videos. Domestic and foreign companies can collaborate. Online entertainment videos in different regions operate independently of each other, but some copyrights and businesses can still complement each other. "

"On the occasion of one and a half years since the establishment of Wenwen Jingjing Company, we sincerely hope that our company's partners and ordinary employees can benefit from the company's development and achieve simultaneous development themselves.