Portal websites could also be subverted using this model.
The most classic example would be Toutiao Toutiao and the like.
However, now was not the time to think about portals. Let's settle the video first.
A few days later, Li Xuelin and Wang Xiaochuan came to Chen Yu's office again.
Although Chen Yu appointed Li Xuelin to be in charge of the video, Chen Yu also called Wang Xiaochuan over.
At first, Wang Xiaochuan thought that he only needed to be in charge of the technology, but after Chen Yu flipped through the new model, Wang Xiaochuan became more and more shocked. He felt that through the method of big data analysis and recommendation, the search engine he was in charge of might be able to overtake and catch up with Baidu in the future. It might even be able to compete with Google.
For a moment, Wang Xiaochuan was extremely concerned about the video business.
For the latest plan, he studied it with Li Xuelin for an entire week.
"Well, this plan is not bad."
Seeing the latest plan, Chen Yu was satisfied.
However, when he saw the funds at the back, Chen Yu frowned.
"Xuelin, what's with this 100 million USD?"
"Boss Chen, this is the money we need to invest in the early stage."
"So much?"
"This is indeed a bit much."
Li Xuelin explained, "Video websites are not like ordinary websites. They need a lot of resources for bandwidth and video storage. Especially after the website attracts more popularity, the amount of uploads by users every day may not be enough for an individual to watch in a lifetime. "
"Xuelin, it's not a day, but a minute of uploads. Humans may not be able to watch it in a lifetime."
Wang Xiaochuan, who was in charge of technology, corrected Li Xuelin.
With such a terrifying amount of uploads, his investment was also very large.
This was also the reason why video websites could not find profits before.
It was not that they could not make money, but the cost of saving these videos and letting users watch them normally was a huge expense.
"How much money is left in the Huanyu Gateway account?"
"Boss Chen, don't worry, the company account can still take out the money for the time being."
The company Li Xuelin was referring to was not Huanyu Technologies Group, but Huanyu Gateway.
Although Huanyu Gateway didn't seem to be making money, Huanyu Gateway's secondary channel Huanyu cars were still making a lot of money.
Currently, Huanyu Automobile was not just a car portal. It was also involved in car sales, car insurance, and other businesses. As the most authoritative and professional platform in the country, although Huanyu Gateway was not necessarily better than Shin-Lang, it was much better than Shin-Lang in terms of earning money.
"I know."
Chen Yu nodded. "But Xuelin, didn't you say that making videos is very expensive? If you need 100 million USD now, how much will you need in the future? "
"I'm not sure yet. I estimate that we'll need financing after 100 million USD."
If they didn't raise funds later on, ordinary companies wouldn't be able to withstand it.
After all, if they wanted to expand the video website in the future, any website would be worth tens of billions of USD.
This scale was not something a company could afford.
Even if they could afford it, ordinary companies wouldn't do it.
"We'll take our time with financing. If we want to raise funds, we have to build the website first."
"How about this, you guys start the business first. I'll think about the funds later on."
Chen Yu made the video website to make money.
Although in order to make money, he had to invest in the early stages.
However, Huanyu Gateway was not necessarily very rich. If he invested too much at once, Chen Yu's heart would ache.
Moreover, to be honest, after taking over the lithography machine from Lin Benyan, Chen Yu was already very poor.
Even if some of the subsidiary companies had money in their accounts, Chen Yu did not dare to spend money casually.
…
A few days later, Chen Yu brought Li Xuelin and Wang Xiaochuan to the United States again.
However, Chen Yu did not go with Li Xuelin and Wang Xiaochuan.
Instead, he let them handle the video business themselves.
Li Xuelin was also smart. He went to Wang Chang's place immediately.
Although Wang Chang was now in charge of WeChat Moments, they had worked together in the past.
After asking Wang Chang for advice, Huanyu Video's work in North America progressed very smoothly.
As for where Chen Yu went?
He went to youtobe.
Recently, there were rumors that youtobe was going to be sold.
In an instant, many investors and a series of global IT companies contacted youtobe.
When he heard this news, Chen Yu naturally had to react.
Therefore, he also contacted the founder of youtobe, Chen Shijun.
Yes.
That's right.
The founder of youtobe was also a Chinese American.
The reality was very unexpected.
The founder of Yahoo was a Chinese American. The founder of youtobe was also a Chinese American.
Of course, Chen Yu contacted Chen Shijun not to buy youtobe.
However, Chen Yu has a reason to buy youtobe.
On one hand, Chen Yu is very tight on funds now. On the other hand, he does not want to buy youtobe at all.
He wants to set up his own video website. Isn't it better to defeat youtobe?
As for the reason why he contacted Chen Shijun, it was simple.
Whose money is it?
Google's money.
"Shijun, who have contacted you?"
"Microsoft, Yahoo, Google, Apple … all of them."
"Haha … Microsoft does not have the genes to do the internet. Apple might not be able to fork out so much money now. Yahoo might be interested, but I think they might want to do their own video business. I think Google wants youtobe the most. "
"I think so too."
Chen Yu and Chen Shijun got along very well.
It was probably because their age difference is not very big, and they are both Chinese.
Also, Chen Shijun had been learning Chinese since he was young. He is very interested in Chen Yu.
"Why did you think of selling youtobe? Is it your idea or the whole team's idea?"
"It's my idea, and the whole team's idea."
Chen Shijun said. "Something happened to my body, and I need some time to recuperate. That's why I don't have the energy to manage youtobe. The team also thinks that having a top IT giant to protect us will be beneficial to youtobe's development. "
Chen Shijun did not hide anything from Chen Yu.
In fact, this is the normal way for many internet companies to become bigger and stronger.
After all, not just any company can become a giant.
Even if you have an innovative business, you will not be able to become a global company.
There were too many uncertainties and too many challenges in all of this.
"Understandable."
Chen Yu nodded.
Based on the information from Feng Yu's previous life, this is why Chen Shijun wants to sell youtobe.
Of course, Feng Yu's health problem is only a minor problem, and he will recover after some rest.
Feng Yu might want to sell to Google because he wants to cash out. On the other hand, it might be for youtobe's development.
Of course, Chen Shijun might not know that if everything goes according to history, youtobe will be worth 100 billion in the future.
And it will be in USD.
"I think Google can only offer 3 billion USD."
"That is still unknown."
Chen Shijun did not say anything this time.
Although he is also interested in Chen Yu, Chen Yu did not contact him for a simple chat.
"Haha … Shijun, you can talk to Google for a while. It might not even be 3 billion USD … If I join, they might raise the price to 4 billion USD. "
"Are you sure?"
"Of course."
"Huanyu is also interested in our youtobe?"
"You can say that … but I can tell you now that although I am interested in youtobe, I will not buy it."
"Why?"
"I have the same thoughts as Yahoo."
"Haha …"
Chen Shijun laughed.
This is normal.
Why buy it? Why not do it themselves?
Why is Yahoo not interested? It is because they want to do it themselves.
Why did Chen Yu not buy it? It is also because they have WeChat and can do it themselves.
Both companies are professional internet companies, and they are confident that they can create another video website.
Why did Apple not buy it? The problem is that they do not have the money.
Why is Google interested? It is because they are a search engine. They do not only search for text and images, but they also search for videos. However, they were previously in the search industry. They did not have particularly good genes for operating internet websites. At this time, it was best to acquire a website with potential and then support it through their search engine.
"You want to help me raise the price?"
"That's right."
Chen Yu nodded. "You know that people in the industry call me the Prince of Price Raising."
"Hahaha …"
Chen Shijun laughed.
Dong Xuebing had heard of Chen Yu raising the price.
When Yahoo acquired 3721, Chen Yu raised the price and cheated Yahoo.
When Lenovo acquired IBM, Chen Yu cheated Lenovo again.
This time, Dong Xuebing is going to cheat Google.
"Chen Yu, are you trying to scam Google or me? I still have some shares in the company."
"Your shares are too little. Why don't you sell them all? Besides, I'll give you a one billion USD raise right away. This deal is worth it. "
"What do you want in return?"
"Just give me 30 points as a reward."
"Deal."
Since Chen Shijun wants to sell youtobe, youtobe's future has nothing to do with him.
Chen Shijun had wanted to keep some shares to see if youtobe can grow into an international giant.
But who would know about this kind of thing?
Cash is the safest bet.
Chen Yu is not worried if Google will fall for this trick.
First, Google needs youtobe badly.
Not only youtobe is popular, but youtobe is also related to their search business.
If other competitors enter the market, Google might not be so worried.
But if Chen Yu makes a move, Google will not let go.
After all, WeChat Moments is very popular worldwide and is almost second to Google.
Of course, this is not a big deal.
More importantly, Google should know WeChat Moments is not just a social networking site.
He can also threaten Google's position.
Do you think this is impossible?
No.
Google only needs to insert a search engine into WeChat Moments, and a search engine's market share will increase by 10%.
That means no matter who gets youtobe, Chen Yu's WeChat Moments must not get it.
Even if Google knows Chen Yu is here to raise the price, Dong Xuebing will not give up.
Dong Xuebing must get youtobe no matter what.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
