My Age of Investment

  Chapter 308 Competition Situation

  The next day.

  Xia Jingxing walked into Facebook with a smile on his face.

  As soon as they entered the company, everyone greeted the CEO who hadn’t seen him for a long time.

  The little dog winked at Xia Jingxing and walked into the office behind him.

  Closed the door, the little dog was flattering and said: "Boss, did you have a good rest last night?"

  Xia Jingxing glanced at the dog and nodded, “Yes, it’s not bad, why, do you want to understand the process?”

  Hearing this, the little dog didn't dare to answer, so he quickly found an excuse and slipped away.

  Xia Jingxing picked up the landline on the desk, dialed the telephone of the administrative department, and conveyed the order for the meeting.

  Ten minutes later, in the meeting room on the second floor, several company executives, including Luo Li and Owen, all arrived.

  Alex, as the senior executive of the oil pipeline, also came to the meeting.

  The foreign girl picked up the file on the table and began to report:

  "As of mid-February, the number of Facebook users has exceeded 40 million, and daily unique visitors exceed 24 million...

The number of users of   Tubing reached 34 million, with more than 20 million unique visitors every day, and more than 80 million video views per day..."

  Data is the most intuitive embodiment of website operation. Xia Jingxing listened carefully and was satisfied with a few key data.

  After Yangniu finished the report, he said lightly: “This year, our goal is to exceed 100 million registered users of Facebook and YouTube.

  Only by maintaining such a business growth rate, can we deter competitors in the social network and online video market.

  Although some achievements have been made so far, it is far from enough.

  When people talk about Facebook and YouTube, they will only say something lightly: "Oh, a good website, a good start-up."

  When it comes to Yahoo, Google, and Amazon, people will stand in awe, calling them giants, and a company represents an Internet sub-industry.

  I hope that Facebook represents social networking and YouTube represents online video..."

  Several executives such as Evans, Luo Li, Owen and others all listened carefully to Xia Jingxing’s speech, and from time to time they couldn’t help but nod their heads.

  If the timeline is pushed forward for half a year or a year, and Xia Jingxing said something like this, they might still find it a bit unrealistic.

  But now, Facebook and YouTube have both won tens of millions of users, and they have spread all over the three continents of North America, Europe, and Australia, and their rise is unstoppable.

  In this context, what harm does it matter if you set your goals higher and align with the top companies in Silicon Valley?

  This is not arrogance, but self-confidence.

  After Xia Jingxing finished speaking, the dog said: "I'll say a few words. In addition to Google's ideas on social networks, Yahoo has officially ended.

  The latest news, Yahoo acquired the Canadian social networking site Flickr (Flash) for 35 million US dollars.

  Shanxian.com was originally a picture sharing tool designed by a game company for an online game of its own, but it went viral by accident and became a picture social networking site.

  They went online in February 2004 and have functions such as upload and storage of pictures, classification, tagging, and picture search.

  Currently, there are not many users, only more than one million users in Canada and the United States.

  If you want to find a benchmarking company for them, it is F agency.

  However, after Shanxi.com was acquired by Yahoo, it has a strong parent company's support, which is much more difficult to deal with than F. "

  Xia Jingxing nodded. He had heard of Flash.com. After being acquired by Yahoo, this company developed well in the PC era, but fell behind in the mobile Internet era.

  Wang Wei founded Tudou, which was also inspired by Xingxian.

  "What does Yahoo want to do? With Google's step by step pressing, not to grab the search engine advertising market and start the idea of ​​social networking?"

  The foreign girl spread her hands and looked to the left and right, "What? Do we look better than Google?"

  Everyone chuckled, feeling that the foreign girl's ridicule was in place.

  Xia Jingxing smiled faintly, “Don’t worry about Flash.com, Facebook has much more features than them.

  F is so clamoring that it wants to rob us of the high school and university campus market, isn’t it also slowly going down? "

  “They haven’t been completely silent yet, and they are still operating. Vertically segmented picture social networking. The market has this demand, but it’s not big.”

  As the chief information officer, Little Dog has a deep understanding of various competitors, and added Xia Jingxing's words.

  Then, the dog continued: “I think that after the acquisition of Flash.com, it will definitely be brought to the United States by Yahoo to operate. The real threat should be F agency, not us.”

   "But once Yahoo beats F agency, it will definitely aim its gun at us."

  The foreign girl thought for a while and came up with her own idea.

  Evans engages in technology every day, and doesn’t know much about the competitive landscape and situation. He asks in confusion, “Aren’t we allies with Yahoo? Last year, Google Video went live. We and Yahoo also attacked Google once?”

  Xia Jingxing smiled, “It’s just a temporary ally, don’t take it seriously. Yahoo wants to enter the social scene, just let them in.

  Yahoo wanted to acquire us last year or launch its own social network.

  After chanting the slogan for a year, until today, I finally took down the flashing net. You can savor this work efficiency. "

  Everyone smiled and said nothing, this is a big company disease! It's hard to cure!

  "Don't mention the flashing net, you can just continue to pay attention to it, little dog."

  The little dog nodded, "Okay, I will continue to pay attention."

  "How about Google Video, Okut, Juyou.com?"

  See Xia Jingxing’s inquiry, Little Dog reported on the recent status of several opponents, including user growth, feature updates, and so on.

  "You said Viacom and News Corp are in contact with Juyou.com and want to acquire this company?"

  Listening to the little dog talking about this, Xia Jingxing interrupted and asked.

  "Yes, there are a large number of bands and singers gathered on the social network of Juyou.com, which can form fan interaction and listen to songs.

  Juyou.com video can play some copyrighted videos owned by media groups.

  I think that several major media groups have taken a fancy to this point, which can help them extend their business to the network and form a certain degree of complementarity. "

  Xia Jingxing nodded. It was the fact that the previous news group took a fancy to Juyou.com and then acquired this company.

  Several major media groups have also approached Facebook to talk about the acquisition, but Facebook refused to talk to them, so they refused.

  Since Facebook cannot be acquired, it is normal to find Juyou, the second largest in the industry.

  He heard the dog say that the parties are still in contact, and they have not come up with any results.

  So he told the dog to keep staring outside, without giving other work instructions.

  "How is the development of information flow products and advertising systems?" Xia Jingxing looked at Evans and asked.

  Evans replied: "The final commissioning is already underway. If everything goes well, it will be officially launched next month."

  Hearing this, Xia Jingxing couldn't help but smile, "Okay, after waiting for a year, I finally waited for it.

  Don’t worry, you must ensure the quality of the product, and there should be no problems. "

  Evans nodded heavily, "Daren, don't worry, the current technical department has stopped many development tasks and concentrated most of the technical force to do this.

  In short, it will ensure the successful launch of the product. "

  Next, Luo Li also began to report to her work.

  "Dalun, according to your instructions, our human resources department has recruited more than a dozen business elites from Google and Yahoo during this period, and we are preparing to build our own advertising business department..."

  Xia Jingxing smiled and said: "Very well, after the advertising system goes live, let them start generating revenue for the company!

  I have been holding back for more than two years, and it is time to start earning some money. "

  Owen is still a cliché and continues to cry poor.

   "...The funds in the company's account are running low, and it may not be supported until the end of the year."

  Xia Jingxing tapped his finger on the desktop and said lightly: “After the advertising system goes online, the company's revenue will usher in a skyrocket, which may not necessarily reach a revenue balance, but there is definitely no problem in supporting it for a few months.

  What's more, we originally planned to raise a round this year.

  How is your contact? How much are VCs willing to quote us recently? "

  Owen smiled, "Sequoia is still the highest quotation. They offer 5 billion U.S. dollars, and other institutions are 3 billion U.S. dollars, 4 billion U.S. dollars."

  Xia Jingxing remained unmoved, and said lightly: "Keep in touch, wait for my instructions."

  Owen nodded, "Okay!"

  Alex’s last report, talked about the development plan of Tubing this year.

  (End of this chapter)