Hou Junda nodded and said, "Indeed, Hummingbird Video has copied Qvod's P2P model, because this way the website operating costs will be much lower."
Fang Hongerlang raised his legs, took a deep breath, and said slowly: "From a technical perspective, P2P video technology is a breakthrough in the field of video playback. Qvod is just an individual in this technology field, and there are reasons to believe in P2P technology."
It will not decline easily, but..."
When he said this, Fang Hong changed the topic, looked at Hou Junda and added: "Have you thought about these questions?"
Hou Junda humbly said: "Please enlighten me!"
When he came, his friend Qin Feng said that Fang Hong was not an ordinary investor. His views on the Internet industry were unparalleled in the entire industry, and he was not an investor who was not interested in technology.
Fang Hong raised a finger and said calmly: "First, video transmission is the core technology of video websites. No far-sighted video website will hand over its core technology to other companies."
Then Fang Hong raised his second finger and said: "Second, the Kuaibo model cannot disseminate content on a single channel. If you put your original programs on Kuaibo, then in theory, as long as you use other websites of Kuaibo, you can
Can play your program simultaneously."
Fang Hong raised his third finger and said: "Third, online playback provided by video websites without plug-ins is the future trend, and the prerequisite for using Qvod is to install browser plug-ins, which is difficult for most users
It is unacceptable, thus reducing the installation rate to at least 50%, even if the installation rate of other browser plug-ins is not high."
At this point, Fang Hong put down his hand and continued: "Last point, Qvod's momentum is very strong now, but what does it rely on to get up? I think you know very well that such a bad impression is deeply rooted and directly
The most important thing that affects the website image and advertising revenue is that a bad person will step on the sewing machine."
Hou Junda hesitated to speak: "Uh..."
Fang Hong simply said: "This is the project you are working on, so I won't invest in it."
As soon as these words came out, both Hou Junda and Qin Feng were stunned.
In particular, Hou Junda felt very embarrassed, feeling a little bit too happy and sad. He was almost excited enough to show it, but he didn't expect the turn to happen so quickly and unexpectedly.
If I couldn't hold it back and showed my excitement in advance, I would be so embarrassed that my toes would fall off.
Qin Feng was also speechless. Even if he had words at this time, he couldn't be right!
But then Fang Hong added: "Have you paid attention to the news that Qunxing Capital recently spent more than 2 billion to purchase more than 90,000 film and television rights?"
Hearing this, Hou Junda suppressed his embarrassment and nodded: "I have indeed heard about it. According to the news I am paying attention to, plus the previous 20,000 copyrights, your company already has more than 110,000 copyright resources. Basically, it can be said that currently
Regardless of whether it is Youku, Tudou, Aiqiyi or other video websites, all infringements are infringed, and the infringement is large-scale, let alone Qibo.”
News came out this Thursday that Qunxing Capital spent 2.3 billion to buy the online broadcast rights of more than 90,000 film and television dramas. Adding the first 20,000 movies, the total is 110,000 movie library resources.
The copyright owner was afraid that Qunxing Capital would return, so he quickly signed the contract formally and pocketed the money.
In fact, both sides are afraid of the other's return.
Now that the dust has settled, Qunxing Capital has started disbursing funds. In the next ten days or so, all the money will be disbursed to major film and television entertainment manufacturers. All major entertainment manufacturers will be satisfied if they can get a piece of the cake worth hundreds of millions.
At this time, Fang Hong looked at Hou Junda and said: "Let me tell you the truth. Star Capital spent more than 3 billion to buy 110,000 film library copyright resources. The outside world thought it was the company's hoarding to keep the price difference in the future.
Wrong, big mistake, Qunxing Capital is focusing on the field of online streaming video, and Qunxing’s Art Star Media Group is formulating a sub-project, which is Art Star Video.”
After hearing this, Hou Junda was immediately heartbroken and had no hope of raising investment this time.
However, what Fang Hong said next made him feel shocked again. Fang Hong looked at Hou Junda and said, "Well, Yixing Video is still on the planning book. I will directly integrate your team and let you and your team
How about taking charge of the art star video project?"
Hou Junda said in shock: "What? Let my team do it?"
I was extremely shocked when I heard Fang Hong say that he would directly recruit his team to make Yixing Video. Qunxing Capital has now spent more than 3 billion to buy 110,000 film and television copyright library resources. Just looking at this, you know that Yixing Video
How big is the scale of .
Fang Hong added: "That's right, I'll leave it to you and your team, but your team has to sign a performance betting agreement with Qunxing Capital."
At this moment, Hou Junda's heart was pounding. He was really absorbed in the rhythm of taking off on the spot. Yixing Video was directly aiming to compete with video websites such as Aiqiyi and Youku.
The key is to have a rich and powerful financial backer such as Star Capital!
After hearing the performance betting agreement, Hou Junda suppressed his excitement and said: "Please tell me."
Fang Hong nodded and said: "Yixing Video will be a wholly-owned subsidiary of Yixing Media Group, and will be financially independent and will not consolidate its performance with the parent company. One of its future goals is to be listed on the A-share market.
"
As an Internet company, it is basically impossible for Yixing Video to go through the normal process of landing in Big A, so it can only go through a backdoor listing.
Fang Hong continued: "The main content of the performance bet is to take out Yixing Media's 15% equity package and share it with your team. You decide how to share this 15% equity package. Anyway, the 15% equity package is allocated to
You, how do you and your team decide? In return, your team will increase the user base of Yixing Video to more than 300 million before the end of 2012, and become the largest online streaming video website in China.
These two goals must be achieved.”
After all employees are recruited, the equity still needs to be divided, because working for yourself is always more exciting than working for others. Hou Junda's team considers that they are working for themselves if they have equity, so they naturally focus on striving for performance.
When Hou Junda heard this, he immediately made a calculation in his mind. At present, the total number of users of domestic online video websites has just exceeded 200 million, and the number of domestic Internet users is only 338 million. However, considering the size of the country's population, by 2012 the number of Internet users will exceed
500 million should not be difficult.
Fang Hong added: "In addition, within the deadline of 2012, when the user scale of Yixing Video exceeds 50 million, your team can share an additional 100 million cash bonus package; if the user scale reaches 100 million
When the user scale reaches 200 million, your team will receive another 300 million cash bonus package; when the user scale reaches 300 million, your team will receive another 300 million cash bonus package.
500 million cash prize package.”
After a moment of pause, Fang Hong added: "15% equity package plus cash bonus, nothing else. The company will not pay you wages, it will only provide you with food and accommodation."
This requirement is very obvious. It is to let Hou Junda's team have only one goal, to work hard to achieve the performance goal, to cash in the performance equity, and to have cash. It is basically enough to share the first 100 million bonus package.
Let the team achieve lifelong financial freedom.
After a while, Hou Junda asked: "What if the bet fails?"
Fang Hong spread his hands and said with a smile: "The 15% equity package is gone. All cash rewards issued must be returned with interest. In addition, a non-competition agreement must be signed. Counting from the day of resignation, no compensation will be allowed for the next three years."
Enter the industry.”
This is the punitive clause for gambling failure, especially the withdrawal of cash rewards. Suppose that in 2010, Yixing Video’s users reached 50 million and shared a bonus package of 100 million. As a result, it did not do so in 2012.
If the final performance target of 300 million users is reached, all the bonuses will have to be returned, and the interest within the two-year period will also be calculated.
To put it bluntly, if you succeed in the performance bet, you will go straight to the top of your life, gaining both fame and fortune; if you fail in the performance bet, you will have nothing, and you will be saddled with a lot of debt, and you will be banned from entering the industry for three years.
At the current rate of iterative development of technology, if you are prohibited from entering the industry within three years, you will basically be considered useless in this industry.
Once Hou Junda's team accepts this performance betting agreement and signs it, they can only move forward. Even if there are millions of ways, there is no way out.
The pressure is understandable, but the temptation is also fatal.
At the end, Hou Junda said: "Mr. Fang, can you give me two days? I need to discuss it with my team."
Fang Hong said without hesitation: "No problem, then give me a reply in three days."
