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Vol 2 Chapter 868 business and infighting
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2018 was a busy year for Zhou Yuwen. After three years of dormancy, Douyin finally ushered in an explosive period. From 2014, Zhou Yuwen created Douyin, and in 2017, for the past three years, Kuaishou has been It is a group of demons dancing, and Miaopai and Weishi are also competing for hegemony. The chaos of the small video industry can be said to be unsightly. Some people even take a small video to refresh the three views in order to gain goodwill. As for some videos with colors, There are too many to count. Even on Douyin, which is strictly guarded by Zhou Yuwen, sometimes there will be a few vulgar videos. There was one a few years ago, and there is a video of Bao at the end of the eel’s hunger. For this reason, Zhou Yuwen was specially arrested The relevant departments talked to him and fined him 5,000 yuan.
In the past three years, Douyin has relied on high-quality pictures and the support of newcomers, and the number of users has been growing steadily. In 2017, it started the shop exploration model with the cooperation with Baizhou Plaza, which has attracted many Internet celebrities. Store, and as a result, the number of users got the latest round of growth, and finally surpassed Kuaishou at the end of 2017 and became the number one short video software on the entire network.
At this time, Zhang Yiming finally couldn’t help finding Zhou Yuwen on his own initiative, hoping to reach a cooperation with Zhou Yuwen. Originally, Zhang Yiming wanted to create a short video software that provides users with a high-quality experience, but he did not expect that Zhou Yuwen would take the lead three years ago, and he was the first to create Shake. sound.
No way, Zhang Yiming had to change his strategy, focus on his existing small video screen software, and spend a lot of money to create high-quality short video software, but it was a slow step. The small video of the volcano has always been the wisdom of picking up people’s teeth.
Relying on a large investment, he managed to get a short video ranking third. In order not to follow Zhou Yuwen, Zhang Yiming had to take a risk, contacted major e-commerce companies, opened access channels, and thought of taking the lead in proposing live broadcast delivery. This concept has attracted a large number of Internet celebrities to settle in.
However, I didn’t expect Zhou Yuwen to walk more steadily. Relying on Baizhou Square, the largest urban complex in China, they jointly created virtual and reality, and successfully found a short video monetization channel. Not to mention, it has driven the real economy. This set of operations by Zhou Yuwen not only found a way to realize short video software, but also told everyone that he not only has the largest Internet promotion resources in the country, but also the largest urban complex resources in China.
One of these two industries can kill most of the rich people in China. When these two industries are added together, it can be said that Zhou Yuwen directly monopolizes the short video economy. In this case, Zhang Yiming knows that his own volcano Even if the small video software is good, it can’t compete with Zhou Yuwen.
Therefore, rather than separate the two evils, it is better to combine the two benefits. You must know that Zhou Yuwen still owns 20% of the shares of ByteDance. He is one of Zhang Yiming’s shareholders. First, is Zhang Yiming willing to share the world with Zhou Yuwen?
How to divide the world equally, Zhang Yiming is willing to give Zhou Yuwen another 10% of ByteDance shares, so Zhou Yuwen owns 30% of ByteDance shares, which means that Zhou Yuwen holds more shares than Zhang Yiming, becoming the The veritable first shareholder, of course, in the AB share model, Zhang Yiming is still the head of ByteDance. The reason why he paid so much is to exchange for 20% of Douyin’s shares.
The reason is very simple. Zhang Yiming told Zhou Yuwen directly and clearly that Zhou Yuwen has no time to bring out the maximum potential of Douyin now, and he has no time or energy. Instead of wasting Douyin’s potential like this, it is better to leave Douyin to his own operation. He is even willing to directly incorporate the small volcano video into Douyin, and the resources of ByteDance are directly open to Douyin.
This shows that Zhang Yiming is willing to work for Zhou Yuwen.
Zhou Yuwen didn’t rush to agree after hearing his heart of fisting, but just said that I would think about it again.
Zhang Yiming was not in a hurry, he put the contract on Zhou Yuwen’s desk and said: “Time waits for no one, and now a lot of capital has seen the realization value of short videos, I believe more capital will enter the short video industry this year. Instead of waiting for them to come in before we work together, we might as well close the door now before they come in.”
It’s true, but Zhou Yuwen must think carefully about the hundreds of billions of projects. This Zhang Yiming really has no plans to cheat himself?
So Zhou Yuwen said: “The contract is with me, I’ll look at it first, and sign it if there is no problem, at most one week.”
“Well, I look forward to President Zhou’s reply.”
After Zhang Yiming left, Zhou Yuwen called Hu Yingjun and Jiang Ting, and called Hu Yuqing and Su Qianqian over together, and held a high-level meeting of the group. There were 28 people, large and small, except those close to Zhou Yuwen. Just some industry elites.
Zhou Yuwen explained Zhang Yiming’s proposal to everyone, and then distributed a copy of the contract to everyone.
After reading the contract, Jiang Ting came to the conclusion that if this cooperation is reached, Zhang Yiming would be using the advantages of our real economy to enrich his virtual economy business. He gave us 10% of the shares of ByteDance. It’s true, but ByteDance has not had any outstanding performance in recent years. Zhang Yiming’s business idea is to create his own Internet ecosystem and use his own algorithms to share resources among several of his software. This kind of business philosophy is not. Wrong, but in the past few years, the small volcano screen created by Zhang Yiming has always been sullen, which means that Zhang Yiming’s ecological circle cannot be brought up, so Zhang Yiming will choose to cooperate with Zhou Yuwen.
Using the mature Douyin to drive his entire industry chain, Douyin is very important to all his industries, but he is only willing to exchange 10% of the shares, or AB shares with no right to speak. To be honest, Jiang Ting feels that It’s too bad to do so.
“With our current resources, if we want to replicate ByteDance’s business model and build our own Internet ecosystem, it only takes a year to completely drive ByteDance out, and we don’t need to cooperate with them at all.” Jiang Ting is still a strong woman as always.
In fact, Zhang Yiming’s willingness to replace 20% of Douyin’s shares with 10% of ByteDance’s shares is already a big hemorrhage. You must know that ByteDance’s current valuation is $11 billion, and Douyin’s current value It’s estimated to be around $3 billion.
But think about it another way, ByteDance has not made any big moves in recent years. The short video business it developed was blocked by Zhou Yuwen, and its future development can only be said to be confused, but Douyin is a young man full of vitality. The future has unlimited prospects. It is not worthwhile to use Douyin for ByteDance. It is better to build your own ecosystem and take all the ByteDance from the bottom of the pot.
Jiang Ting’s heart is a bit ruthless, but business has always been non-toxic and not husband.
After Jiang Ting finished speaking, Hu Yuqing, who had been helping Zhou Yuwen manage Douyin, nodded after thinking about her choice, and said, “I agree with President Jiang’s opinion.”
Zhou Yuwen asked the others for their opinions. Lin Xue was earning a pen over there, and smiled slightly: “I have no opinion.”
Zhou Yuwen asked others, besides Zhou Yuwen’s women, these people were recruited business elites who had been with the company for six or seven years.
Originally, they had their own ideas, but Jiang Ting’s performance was too strong, and they couldn’t say anything more. The most important thing was that the method proposed by Jiang Ting really maximized the benefits.
Jiang Ting was a little happy when she saw that everyone supported her, and was looking forward to Zhou Yuwen’s approval.
Zhou Yuwen, on the other hand, sat on the main seat, changed a comfortable position, and asked Su Qianqian, who had just arrived at the company, “Qianqian, do you have any comments?”
Gu Li, “I,” Qianqian stammered at this moment and was speechless. She could only regret that she didn’t join the company earlier. Studying is really important. Now Su Qianqian’s education is the highest graduate student, but what’s the point? Use, she doesn’t know anything about the relationship between Douyin and ByteDance that Zhou Yuwen said. Even if she understands something, she definitely doesn’t dare to speak casually.
You can’t just say you don’t agree just because you follow Jiang Ting against it, right?
If so, it is equivalent to telling everyone in front of all corporate executives that I am a vase of unruly, willful, ignorant and ignorant.
So after holding back for a long time, Su Qianqian said, “I have no opinion.”
Zhou Yuwen was a little disappointed after hearing this, hey, this Su Qianqian has grown up, and originally wanted to make trouble with her, but who knew that this girl wouldn’t be fooled.
“That means there are no objections?” Zhou Yuwen said.
There were nearly thirty people in a conference room, and only Jiang Ting stood out there.
Just when Zhou Yuwen wanted to think about it, Hu Yingjun coughed twice.
In the blink of an eye, Hu Yingjun was already forty years old. When he first met Hu Yingjun, Hu Yingjun was tall and thin, with a round frame, strict and gentle, and his forehead was a little bald, but he was blocked by his hair. Now, Hu Yingjun’s forehead is as barren as the Mediterranean Sea, and he has lost a lot of weight.
He doesn’t look like a forty-year-old man, but a bit like a fifty-year-old man. No way, Hu Yingjun’s body is not very good. Over the years, he has been a bull and a horse for Zhou Yuwen. Zhou Yuwen has more than a dozen companies, large and small, and Hu Yingjun has contracted the law alone. The small legal department has no one person at the beginning, and now there are hundreds of people. Hu Yingjun has paid too much to Zhou Yuwen.
Now that no one spoke in the conference room, Hu Yingjun took the initiative to speak, and said in his non-standard southern Mandarin: “Mr. Zhou, it is true that doing it alone can maximize the benefits, but at present, we do not have such a big hand. The energy to create an Internet ecosystem like ByteDance.”
Wanting to be a company like ByteDance is actually quite simple. It is nothing more than extending outward based on Douyin, creating a new Toutiao and Xigua video, and copying the delivery mode of Xigua small video one-to-one. Coming in is a very simple thing in terms of plan, but who should carry out such a thing?
Jiang Ting immediately said, “I can do it with Yuqing about this.”
“Mr. Zhou, Aoki Takeaway is going to go public this year in the United States. The group doesn’t have so much energy to focus on other things, not to mention that copying ByteDance in all directions is tantamount to directly fighting ByteDance. And other Internet companies will also put themselves at risk, which is not a good thing for our group. I have also contacted Zhang Yiming. Even if there is no ByteDance, Zhang will still have other industries. Zhang is always in the Internet circle. There are a few talented people who are willing to do things, and my suggestion is to fight against them, and cooperation is the best way.”
“The money is endless, but there are only a few people in the circle. President Zhang’s willingness to take 10% of the shares to cooperate is enough to show their sincerity. I think we can think about it.” Hu Yingjun said so many words in one breath.
Others whispered and nodded frequently, feeling that what Hu Yingjun said seemed to make sense.
Jiang Ting stopped talking after listening to Hu Yingjun, because it is undeniable that Hu Yingjun walks more steadily in this way.
And the biggest thing in the group this year is the listing of Aoki Takeaway. If Jiang Ting is to be in charge of the Douyin project, then she must break away from the Aoki Takeaway project~www.readmtl.com~ Aoki Takeaway is Zhou Yuwen and Jiang The crystallization of Ting’s love, Jiang Ting said that she would never miss the launch of Aoki Takeaway.
After listening to Hu Yingjun, Zhou Yuwen nodded in agreement. In fact, when Zhang Yiming found himself, he had plans to cooperate. After all, he was in charge of this project. Now let him continue to work to help him make money. Zhou Yuwen It’s not a loss to say anything, I called Jiang Ting and the others just to let them see if there are any loopholes in the contract.
But who knew that Jiang Ting came up and said that he would overthrow everything. The most important thing was that there was no objection at the meeting, which surprised Zhou Yuwen.
Fortunately, Hu Yingjun was there to support him.
“Well, I think what Lawyer Hu said is very reasonable, otherwise you can go back and think about it. If you have any new opinions, come to me again. That’s it for today, and the meeting is over.” Zhou Yuwen said finally.
Others began to pack up and leave the meeting.
Jiang Ting got up and wanted to tell Zhou Yuwen about her suggestion, but before she spoke, Zhou Yuwen raised her head and said to Hu Yingjun and Su Qianqian who were leaving: “Old Hu, Qianqian, you stay here, I have something to talk to you about. you said.”
The two listened to Zhou Yuwen saying something, and sat down again, while Jiang Ting on the side couldn’t help frowning, hesitating again and again, and finally chose to leave.
Hu Yuqing, who was wearing a black uniform, short skirt and black stockings and high-heeled shoes, walked in front. When Jiang Ting left the conference room, she saw Hu Yuqing walking in front and thought for a moment: “Sister Yuqing!”
When Hu Yuqing heard someone calling her, she turned around curiously. Seeing that it was Jiang Ting, she asked curiously, “Is something wrong, President Jiang?”
“Sister Yuqing, we are all a family, just call me Tingmei in the future, you don’t need to be so unfamiliar.”
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