My Age of Investment

the next day.

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

As soon as they entered the company, everyone greeted the CEO who had not seen each other for a long time.

The puppy winked at Xia Jingxing and followed him into the office.

After closing the door, the dog said flatteringly, "Boss, did you rest well last night?"

Xia Jingxing glanced at the dog and nodded, "Yes, not bad, why, do you want to understand the process?"

The puppy didn't dare to answer after hearing this, and hurriedly found an excuse to slip away.

Xia Jingxing picked up the landline on the table, called the administrative department, and conveyed the order for the meeting.

Ten minutes later, in the conference room on the second floor, Luo Li, Owen and several other company executives all came.

Alex, as an executive of YouTube, also attended the meeting.

Yang Ni picked up the documents on the table and started reporting:

"As of mid-February, Facebook's user base has exceeded 40 million, and daily unique visitors have exceeded 24 million...

YouTube has 34 million users, more than 20 million unique visitors per day, and more than 80 million video playbacks per day…”

Data is the most intuitive reflection of the operation of the website. Xia Jingxing listened carefully and was satisfied with several key data.

After Yang Niu's report, he said lightly: "This year, our goal is to have over 100 million registered users on Facebook and YouTube.

Only by maintaining such a business growth rate can we deter competitors who covet social networks and online video markets.

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

When people mention Facebook and YouTube, they will simply say, "Oh, good website, good start-up."

When it comes to Yahoo, Google, and Amazon, people will be in awe, calling them giants, and a company representing an Internet segment.

I hope Facebook is for social and YouTube is for online video..."

Several executives such as Evans, Lori, Owen and others listened carefully to Xia Jingxing's speech.

From time to time, he would nod his head involuntarily.

If the time line was pushed forward by half a year or a year, and Xia Jingxing said such words, they might still find it a little unrealistic.

But now, both Facebook and YouTube have gained tens of millions of users, and their popularity has spread across the three continents of North America, Europe, and Australia, and their rise is unstoppable.

Against this backdrop, what's the harm in setting your goals a little higher and on par with Silicon Valley's best-in-class companies?

It's not arrogance, it's confidence.

After Xia Jingxing finished speaking, the dog said, "Let me just say a few words, in addition to Google's idea of ​​social networks, Yahoo has also officially ended.

In the latest news, Yahoo acquired Canada's photo social networking site Flickr (flicker) for $35 million.

Blinking.com started out as a photo sharing tool designed by a game company for one of its own online games, but it became popular by accident and became a photo social networking site.

They were launched in February 2004 and have functions such as uploading and storing pictures, classifying, tagging, and searching for pictures.

At present, 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 company.

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

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

Wang Wei founded Tudou.com, which was also inspired by Scintillation.com.

"What is Yahoo trying to do? Under the pressure of Google, not to grab the search engine advertising market, but to start the idea of ​​a social network?"

Yang Niu spread her hands and looked left and right, "What? Do we look better than Google?"

Everyone chuckled lightly, feeling that Yang Niu's ridicule was in place.

Xia Jingxing smiled lightly, "Don't worry about Flickering.com, Facebook's functions are much richer than them.

The F company is so clamoring that it wants to snatch the high school and college campus market with us, isn't it slowly going silent? "

"They haven't completely quieted down, and they are still operating. Vertically segmented pictures are socialized. The market has this demand, but it's not big."

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

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

"But once Yahoo defeats F Club, it will definitely turn its guns on us."

Yang Niu thought about it and put forward her own idea.

Evans is engaged in technology every day, and he doesn't know much about the competitive landscape and situation. He asked in confusion: "Aren't we allies with Yahoo? Last year, when Google Video was launched, we and Yahoo also jointly sniped Google once?"

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

Last year Yahoo wanted to buy us or launch its own social network.

The slogan has been shouted for a year, and until today, the flashing net was finally taken down. You can savor the efficiency of this work. "

Everyone smiled and said nothing. This is the disease of a big company! Bad cure!

"Not to mention the flickering net, you can just continue to pay attention to the little dog."

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

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

Seeing Xia Jingxing's inquiry, the dog reported the current situation of several rivals one by one, including user growth, function updates, and so on.

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

Xia Jingxing interrupted and asked after listening to the little dog talking about this.

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

Juyou.com video can play some copyrighted videos under the media group.

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 complementarity. "

Xia Jingxing nodded, the news group in the previous life took a fancy to Juyou.com and brought this company under its command.

Several major media groups have also approached Facebook to discuss acquisitions, but Facebook refused to talk to them without any fuss.

Since Facebook cannot acquire it, it is normal to find Juyou.com, which ranks second in the industry.

He heard the dog say that the parties are still in contact, and no results have been reached.

So he told the puppy to keep staring outside and did not give other work instructions.

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

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

Hearing this, Xia Jingxing couldn't help showing a slight smile, "Okay, after a year of waiting, I finally got it.

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

Evans nodded heavily, "Daren, don't worry, the technical department has stopped a lot of development tasks and concentrated most of the technical force on this matter.

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

Then, Lori also began to report work.

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

Xia Jingxing smiled and said, "Very good, once the advertising system is online, let them start generating revenue for the company!

After more than two years, it is time to start earning some money. "

Owen is still clichéd, and continues to cry poor.

"...Currently, there is not much money in the company's account, and it may not be able to support it until the end of the year."

Xia Jingxing tapped his fingers on the table and said lightly, "After the advertising system goes online, the company's revenue will skyrocket, and it may not necessarily reach a balance of revenue, but it's definitely not a problem to support it for a few more months.

What's more, we had planned to raise a round of financing this year.

How are you getting in touch? How much are VCs willing to offer us recently? "

Owen smiled, "The highest bid is still Sequoia. They offer 5 billion US dollars, and other institutions are 3 billion US dollars, 4 billion US dollars."

Xia Jingxing was unmoved and said lightly, "Continue to keep in touch and wait for my order."

Owen nodded, "Okay!"

Alex's last report was about the development plan of YouTube this year.

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