Chapter 12 I Don't Invest (3/6)
Since Orange went public, Lu Qibai has never provided any products for the market!
His influence is great, far exceeding Lu Han’s Weibo post “Hi, Darling”, which directly prompted Darling to add millions of downloads!
This is the influence of celebrities!
tmt investment industry, Tengxun and Ali are leading companies. Generally speaking, the companies they invest in will become the target of capital robbery...
So far, there has been no public news that he has been involved in the investment field except Netflix, which has been made public.
Other investments are all about the industrial chain itself, such as special effects companies, game companies...
It was unsuccessful to prevent it and revealed that he is a shareholder of Toutiao, and his shareholding ratio exceeded that of the founder...
This time, the public platform has been implemented as a capitalist identity.
Look at his public statement and say directly later, "Baidu is behind, and Toutiao is the future!"
Brother, we have to look at your explanation of infringement, but you have directed the topic to ‘recommendation and search’?
Effect…
Very good...
First of all, Lu Xiaoran helped to endorse the letter. Most media chose to make peace with the people who said that hiring 3,000 to 5,000 content producers at a high salary means giving money directly!
Of course, there are still one or two small websites that can be handled by Zhang Yiming...
...
"In fact, the most important thing in doing mobile Internet is to be a user. After becoming a user, you must consider content and ensure retention rate. Therefore, we must first hide our strengths and maintain our low profile, benchmark Baidu, and wait until the time is ripe to overturn the bat!"
"…You are so ambitious!"
"It's not that I am ambitious and I don't have any technical content. If the channel is opened and the user retention is sufficient, you can be the industry leader!"
Zhang Yiming asked again: "Then why don't you do it yourself?"
"Me? I do content! And I'm not suitable for business."
After chatting for half an hour, Lu Xiaoran was about to get up and leave, and then Chen Zhixi called him and said that "Financial Magazine" wanted to interview him...
"…Now?"
"right."
"You took him to the company's conference room..."
Zhang Yiming reminded him: "Be careful, he will definitely ask you about your values..."
“…My values are normal!”
"You don't know. Nowadays, many colleagues say that we are just Dupin... They say that users may be tempted by the title when clicking, which does not mean that they need and like this content."
“…Damn, is that miserable?”
"It's so miserable!"
Lu Xiaoran hesitated for a moment, should he turn down this interview?
After all, he is not the actual operator...
...
"Finance" is a very famous magazine with in-depth content, very macro and high-level views. It is not only limited to economy and finance, but also reports on social and people's livelihood, such as food security, genetically modified and other aspects.
They usually ask questions that are tricky, so they ask positive questions, for example, Yang Yuanqing: "I wonder if it is from China or the United States?"
Lao Yang did not give a positive answer, but said: "I think it is a global company rooted in China, hoping to take it from the world and use it for the world."
Therefore, the prices in China and the United States are different. Cut leeks to feed Americans?
According to their general logic, I might really ask Lu Xiaoran about the vulgarization of today's headlines...
Sure enough, the first question was: "Is vulgarity one of the reasons why Toutiao is successful?"
"...It's far from being successful. According to official data, the number of netizens on mobile is about 400 million. The total number in the future will definitely double. Today's Toutiao's size is far from being successful!"
"Please answer positively!"
"I think the core is that headlines do not make profits from vulgarity. In fact, vulgar content will harm commercial interests. In a sense, we are also cracking down on vulgarity..."
I sweated one time, it’s so straightforward!
Unlike in the circle, it's all you and I'm all you...
“Does Toutiao have values?”
"Two questions, first, I am just an investor, not an actual operator of Toutiao. Second, any company has its own sense of social responsibility. The search for people we launched Toutiao is based on this. As for your values, go and chat with Zhang Yiming. I am not an actual operator!"
"Why did you invest in ByteDance?"
"…I have always felt that the recommended things are much more interesting than what I searched for myself. Through the user's browser browsing history, I recommend the relevant information to the user. Just so happened that Zhang Yiming wanted to do this, so I invested!"
"Will Baidu focus on the content field this year pose a threat to Toutiao?"
"Thinking too much, our daily active users are about 2/3 of Baidu's mobile phones, and our users often stay longer. At the same time, I don't think Baidu has any advantages that we don't have."
"Toutiao's revenue in 2013 is more than one billion, and this year it is expected to have more than 6 billion. Baidu's advertising revenue in 2013 is about 60 billion. When will Toutiao's advertising revenue exceed Baidu?"
"…I don't know this, but I always believe that Baidu's search algorithm is lagging behind!"
"Then will you still invest in the future?"
"I am not a professional investor. In fact, the reason why I invest in ByteDance is to broaden the content channels. The current situation of Chinese movies is that theaters are getting bigger and bigger, and the content suppliers and producers are at a disadvantage. I have thought of joining forces to put pressure on theaters to force them to take a step back. Unfortunately, they failed. They quickly found other content suppliers, and they could also make content by themselves..."
“Since then I felt that I had to have my own channels!”
"Video websites and mobile phones have given me hope, but the video platform is basically saturated unless I am willing to burn money wildly, and in the long term, it is difficult for long-term video platforms to make real profits..."
“Why is it difficult to make a profit?”
"Scale barriers are entirely established by content procurement, and the supply and demand market of content is highly centralized, which directly leads to the fact that both supply and demand parties do not have enough bargaining power. It is better to start a new business and do mobile phones. When the time is ripe, ByteDance will launch video classes!"
"So, are you trying to subvert the theaters?"
"No, if you say that, I'll become a sinner in the industry! It's best to have a mobile phone work between 40-60 minutes, and the length of the movie is a bit too long... In fact, mobile theaters are not a good choice! I mean to provide more layers of choices so that we can't charge when theaters get angry and don't scheduling films!"
"Then what do you think of Zhang Yiming?"
"It's a bit unripe, too trusting machines, and, in many aspects, ByteDance has deviated from political correctness, and algorithms have to be political!"
"What will you do?"
"Let's not do it now. When he hits a nail, he will naturally know what the most basic thing is for a large company in China!"
What is it?
Of course, it’s a good relationship with zf!
Zhang Yiming once said, ‘The media must have values. It must educate people and output opinions. We do not advocate this. Because we are not media, we are technology, and algorithms have no values.’
Then he was educated and closed the connotation jokes...
Chapter completed!