Chapter 629: I refuse!
On the other end of the phone, Lei Jun's face showed a signature smile.
He was really a little confused by this young man.
But is Cheng Zhu really just talking nonsense because he is young?
Mr. Lei doesn’t think so!
The reason is very simple. After the other party said that they would spend money to acquire the company in full, they added: By the way, we will complete the international layout and kill two birds with one stone!
This made him realize that this little guy named Cheng Zhu might have had this idea a long time ago.
As a top domestic entrepreneur, Lei Jun is well aware that such public opinions as imitating or plagiarizing foreign countries are not a particularly fatal problem.
There are many factors involved.
For example, you can’t use many of the foreign apps.
If the entire country doesn’t come out, you won’t be able to play at all.
In addition, such examples are not uncommon. Many domestic Internet giants simply copy whatever is popular abroad and make their fortunes through this model.
Chinese people have long been accustomed to it!
Even if people make sarcastic remarks at that time, saying that this model was first pioneered by the overseas app [Musical.ly], it will not actually set much of a precedent.
Overall, as long as Youqu can gain momentum, it can really become a hit. This is just a small hurdle.
This problem is difficult to solve, and others can talk about it for the rest of their lives, but it will not affect the development of Youqu in China.
The reason why Mr. Lei asked this question is, on the one hand, that he is in a similar situation now and is extremely exhausted, and on the other hand, he is also very clear that Cheng Zhu is very good at marketing!
As the recognized "King of Marketing", he was very curious about how this new generation of "King of Marketing" would solve this public opinion crisis.
It can also be considered a form of mutual discussion!
"Maybe I can get some inspiration from his ideas?" That's what Lei Jun thought at first.
He has recently been researching some of the marketing methods used in the past.
Even he thinks this young man born after 1995 is quite amazing.
But what did I just hear?
Plain and simple - buy it!
What does it matter whether it is copied or not? I bought it, and we are one!
No matter who is the father and who is the son, just turn against Tiangang!
Once you sign the contract, you will be my son from now on!
How should I put it? If the other party is really willing to sell, this is really the most impeccable method.
However, in this reply, one can actually see Cheng Zhu’s madness!
Although he is young, he speaks so coolly!
Your little [Youqu] is still in the cold start stage and can’t even make it into the top ten of the free list.
However, the overseas 【Musical.ly】 has a high number of registered users and monthly active users, which is not inferior to the domestic short video leader 【Kuai Shou】.
It can be said that this music short video APP has exploded the Western market!
Its overseas data is extremely intuitive. It is a frequent visitor to the AppStore rankings and has always been at the top of the list.
Do you want to buy it?
Why did you buy it?
What qualifies you to buy it?
This is not a question of whether you have money in your pocket or not. This is not in line with normal business logic and principles.
Unless you are confident that you can surpass it in a short time!
But in fact, even if a Xiaomi mobile phone is willing to set Youqu as a pre-installed APP, it seems like a fantasy to surpass it by a large margin in just one or two years.
Lei Zong is very clear in his mind: "It is too difficult to monetize short videos."
How could he not know that the reason why Penguin shelved Weishi was because it had not found a breakthrough in monetizing short videos.
It’s hard to make money on this kind of platform!
Ordinary video platforms can also earn membership fees. For example, Mr. Lei himself has invested in iQiyi.
But short videos are different.
"It's difficult to monetize, and there's no particularly suitable way to make money. Where will the money come from to acquire Musical.ly?" he thought.
But looking at Cheng Zhu, he is planning to use this opportunity to open up overseas markets and complete his international layout.
"You can't just rely on rounds of financing to make money, right?" Lei Jun thought.
If there is no clear profit model, the major venture capitalists are not fools.
What's more, the current short video industry is not optimistic.
At this moment, he felt more and more that Cheng Zhu should have a very complete set of ideas in his mind.
Whether it will work or not will definitely depend on a series of operations in the future.
"But it's better to have an idea than to have no idea," thought Reeves.
He has confidence in him because he truly thinks Youqu is doing better than Musical.ly.
If Musical.ly came to him for investment, he would most likely not invest.
On the phone, Mr. Lei didn't ask much, just said: "Do you know that even if you acquire Musical.ly now, the minimum price will be around 500 million US dollars?"
Cheng Zhu said directly: "I know, and in one or two years, this number will definitely be higher."
"Mr. Cheng is still very confident?" he asked.
"Yes." Cheng Zhu answered.
"Can you tell me why?" Lei Jun asked in Mandarin with his own accent.
“Because no matter how well Musical.ly develops, its future acquisition price will definitely be less than 1 billion US dollars. The reason is very simple. So far, monetization of short video traffic has been a difficult problem, and it has not been solved either,” Cheng Zhu replied.
"So, you think Youqu is okay?" Mr. Lei asked.
"I can't guarantee it completely. I can only say that I have some ideas in my mind. I will try them step by step. I will start to move forward by the middle of next year at the latest." Cheng Zhu said modestly.
Lei Jun originally planned to talk to him for only about ten minutes and then finalize a series of things.
His schedule today is very full and he is very busy.
But in the end it took nearly half an hour to understand.
He was also not sure whether the monetization models listed by Cheng Zhu later would work.
Looking around the world, the short video industry is currently considered an emerging industry, and everyone is crossing the river by feeling the stones.
But he thought they were all quite interesting.
At the end of the call, Mr. Lei directly stated that he was willing to provide pre-installation support for Youqu.
However, he also mentioned one more point.
That is, [Block Hand] will also continue to enjoy this treatment.
Upon hearing this, Cheng Zhu fell into a brief silence, and then said in a deep voice: "Okay!"
His voice was crisp and calm.
He knows very well that this means that in the future, the direct competition between the two apps will be more intense, especially among these mobile phone users!
Because when you buy a new phone, it comes with two short video apps. Although they take different routes, they are both short video platforms after all.
"In the end, who can retain users better depends on their own ability!" Cheng Zhu stood in front of the floor-to-ceiling window, overlooking everything, thinking in his heart.
On the other side, [PaPa] headquarters.
Shang Qi was sitting at the tea table in Zhao Qing's office while Wen Ting was making tea for them.
It is already the end of the year, and some time has passed since [PaiPai] was taken off the shelves.
The slightly stiff relationship between the three of them has also been eased recently.
The reason is simple. The daily active user data of [PaiPai] has finally reached the same level as before it was blocked!
Congratulations, congratulations!
Zhao Qing and Shang Qi had been full of ambitions in the past few months, thinking of spending a lot of money to double the number of daily active users!
As a result, after working so hard, I was only able to recover from the serious damage.
I’ve only just finished “healing” myself, and it’s already the end of the fucking year, so I have to start looking forward to the next year.
Zhao Qing really felt that Shang Qi was mentally ill.
Why pick on Cheng Zhu when there are so many people to pick on!
There was some rift between the two brothers.
During this period, Shang Qi frequently went to the club to meet young models. He invited Zhao Qing several times and made clear arrangements for him, arranging two people for him every night. Finally, the relationship between the two brothers warmed up again.
At this moment, the two of them gathered together, and their extinguished ambitions were ignited again, and they began to look forward to 2016!
Wen Ting, who had a gentle temperament, sat there and refilled their tea cups.
She was used to occasions like this where middle-aged men sat together and boasted.
This is man's nature.
This is true for poor men and rich men alike.
She has no idea how to develop short video apps in a big way.
This financial bitch has no business ability and just relies on herself to have fun.
She was listening to them talking, but it went in one ear and out the other.
Until Shangqi mentioned Youqu!
When Wen Ting heard about this APP developed by her ex-husband and his team, it was as if a keyword was triggered.
Her ears immediately became more alert, afraid of missing any details.
"Youqu is going to start raising funds soon." Shang Qi put down the teacup and said to Zhao Qing.
This matter is not a secret in their capital circle.
Some companies will send financing invitations to their favorite venture capital firms or large enterprises before starting financing.
Tianyun Capital, where Shang Qi works, naturally does not have such qualifications, so it would be strange if Cheng Zhu would send them an invitation.
But with his influence in the circle, it was easy for him to find out some information.
Upon hearing this, Zhao Qing, the founder of Paipai, immediately became very alert.
"Will Youqu's financing go smoothly?" he asked.
"What do you think?" Shang Qi replied unhappily.
He tapped his fingers lightly on the table and said, "Let me tell you this, Cheng Zhu's old partner when he was working on Youzu Tea, that is, Prin Capital, has received an invitation for financing."
“And Red Mountain, Red Mountain Capital has also received it!”
When Zhao Qing heard this, he was extremely envious.
"Compared with Hongshan and Prin, Shangqi's talent is nothing!" he roared in his heart.
Especially RedMountain Capital, which is one of the top venture capital firms in the country and often ranks first in venture capital rankings!
Zhao Qing felt that if he could obtain more resources from Hongshan, [PaPaPa] would have taken off long ago!
"Damn it, the more I think about it, the more envious I become!" he cursed in his mind.
However, Shang Qi's next words stunned Zhao Qing and Wen Ting.
Shang Qi narrowed his eyes and his tone was extremely complicated.
"I heard that Hongshan originally wanted to lead the investment in this round of financing."
"But Cheng Zhu refused!"
Zhao Qing: "What!?"
(ps: asking for monthly ticket~)
(End of this chapter)
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