Eight hundred and sixty-eight chapters business and infighting
2018 was a busy year for Zhou Yuwen. After three years of dormant period, Douyin finally ushered in an explosion period. From 2014 to 2017, Kuaishou has been a group of demons dancing around in the past three years, and Miaopai and Weishi are also competing for hundreds of schools of thought. The short video industry is in chaos. Some people even shoot short videos that refresh the three views in order to gain favor. As for some videos with colors, there are countless. Even Douyin, which is strictly under the supervision of Zhou Yuwen, sometimes there will be a few vulgar short videos. One came out before the New Year, and there were videos of abalone that were hungry until they were finally hungry. For this reason, Zhou Yuwen was specially asked to talk to the relevant departments and fined 5,000 yuan.
In the past three years, Douyin has been growing steadily with its high-quality pictures and the support of newcomers. In 2017, it even started the store exploration model with its cooperation with Baizhou Plaza, which has made many internet celebrity stores popular. As a result, the number of users has achieved the latest round of growth. Finally, at the end of 2017, it surpassed Kuaishou and became the number one short video software on the Internet.
At this time, Zhang Yiming finally couldn't help but take the initiative to find Zhou Yuwen, hoping to reach a cooperation with Zhou Yuwen. Originally, Zhang Yiming wanted to create a short video software that provides users with high-quality experience, but he didn't expect that Zhou Yuwen took the lead in making Douyin three years ago.
There was no choice but to change his strategy and focus on his existing small video software. He spent a lot of money to create high-quality short video software, but he just slowly walked slowly. Every step Zhang Yiming wanted to take was first made by Zhou Yuwen, which led to Volcano Short Video being a pick-up artist.
With large investments, he barely managed to get a ranking of the third in short videos. In order not to be behind Zhou Yuwen, Zhang Yiming had to take the risk and contact major e-commerce companies and open up access channels. He wanted to take the lead in proposing the concept of live streaming and selling goods to attract a large number of internet celebrities to join.
However, I didn’t expect that Zhou Yuwen’s side would go more steadily. With Baizhou Plaza, the largest urban complex in China, we jointly created virtual and reality, and successfully found the channel for monetization of short videos, not only to mention the real economy, but also to drive the real economy. Zhou Yuwen’s operation not only found a path for monetization for short video software, but also told everyone that he not only has the largest Internet promotion resources in the country, but also has the largest urban complex resources in the country.
Any of these two industries can kill most of the domestic rich people. Together, these two industries can be said to have directly monopolized the short video economy. In this case, Zhang Yiming knew in his heart that even if he played with the software of Volcano Video, he could not confront Zhou Yuwen.
So instead of dividing two harms, it is better to combine two benefits. You should know that Zhou Yuwen now owns 20% of ByteDance's shares and is considered one of Zhang Yiming's shareholders. Instead of fighting the two families to the death, it is better to combine two into one. Will Zhang Yiming be willing to share the world with Zhou Yuwen?
How to share the world equally, Zhang Yiming is willing to give Zhou Yuwen another 10% ByteDance shares, so Zhou Yuwen owns 30% ByteDance shares. This share means that Zhou Yuwen holds more shares than Zhang Yiming and becomes the veritable first shareholder. Of course, the ab-share model is Zhang Yiming, and Zhang Yiming is still the head of ByteDance. The reason why he paid so much is that he hopes 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 realize the greatest potential of Douyin, and has no time or energy. Instead of wasting Douyin's potential in this way, it is better to hand over Douyin to operate it himself. He is even willing to incorporate Volcano Video into Douyin directly, and ByteDance's resources are directly opened to Douyin.
This shows that Zhang Yiming willingly worked for Zhou Yuwen.
After hearing his fistful heart, Zhou Yuwen did not rush to agree, but just said that I would consider it again.
Zhang Yiming was not in a hurry. He put the contract on Zhou Yuwen's desk and said: "Time doesn't wait for anyone. Now there are many capitals that have seen the monetization value of short videos. I believe that more capital will enter the short video industry this year. Instead of waiting for them to come in before we cooperate, it is better to shut the door to death before they come in."
That's true, but Zhou Yuwen must consider the project worth hundreds of billions of dollars. Does Zhang Yiming really have no plans to cheat him?
So Zhou Yuwen said: "The contract is with me, I will check it first. If there is no problem, sign it, at most one week."
"Well, I look forward to Mr. Zhou's reply."
After Zhang Yiming left, Zhou Yuwen called Hu Yingjun and Jiang Ting, called Hu Yuqing and Su Qianqian over, and held a group's senior management meeting. 28 people came in all sizes. In addition to those close to Zhou Yuwen, they were also some industry elites.
Zhou Yuwen told everyone about Zhang Yiming's proposal and distributed a copy of the contract to everyone.
After reading the contract, Jiang Ting concluded that if this cooperation is reached, Zhang Yiming would be like to borrow a chicken to lay eggs and use the advantages of our real economy to enrich his virtual economy business. It is true that he gave us 10% of ByteDance's shares, but in recent years, ByteDance has not shown any outstanding performance. Zhang Yiming's business idea is to build his own Internet ecosystem and use his own algorithm to enable several of its software to share resources. This business concept is not wrong. However, the Volcano Small Video created by Zhang Yiming has been unrestrained in recent years. That is to say, Zhang Yiming's ecosystem cannot be brought up, so Zhang Yiming chose to cooperate with Zhou Yuwen.
Using the mature Douyin to drive his entire industrial chain, Douyin is crucial to all his industries, but he is only willing to exchange 10% of his shares, and he still has no say in ab shares. To be honest, Jiang Ting thinks it is too much of a loss to do so.
"With our current resources, if we want to copy ByteDance's business model and build our own Internet ecosystem, it only takes one year to completely drive ByteDance out, and there is no need to cooperate with them." Jiang Ting is still a strong woman as always.
In fact, Zhang Yiming's willingness to use Cross-ByteDance shares to replace 20% of Douyin's shares is already considered a heavy bleeding. You should know that ByteDance's valuation is now 11 billion US dollars, while Douyin's current value is estimated to be only around 3 billion US dollars.
But to think about it, ByteDance has not made any big moves in recent years. The short video business it developed has been blocked by Zhou Yuwen. In the future, it can only be said that its future is confused. Douyin is a vibrant young man, and his future is limitless. It is really not worth it to exchange Douyin for ByteDance. It is better to cut off the cause and build its own ecosystem and take all ByteDance.
Jiang Ting's heart is a bit cruel, but she has always been non-toxic in business. There is no reason to put tens of billions of dollars in profits because of a little moral sense.
After Jiang Ting finished speaking, Hu Yuqing, who had been helping Zhou Yuwen manage Douyin, nodded after thinking about it and said, "I agree with Mr. Jiang's opinion."
Zhou Yuwen asked others what opinions they had. Lin Xue was making money there and smiled and said, "I have no objection."
Zhou Yuwen asked others again, in addition to Zhou Yuwen's women, these people are recruited business elites and have been working hard for six or seven years with the company.
They originally had their own ideas, but Jiang Ting was too strong, so they couldn't say anything else. The most important thing is that the method proposed by Jiang Ting was indeed to maximize the benefits.
Seeing that everyone supported her, Jiang Ting felt a little happy and looked forward to Zhou Yuwen's consent.
However, Zhou Yuwen sat in the main seat, changed into a comfortable position, and asked Su Qianqian who had just arrived at the company: "Qianqian, do you have any objection?"
"I," Qianqian stuttered at this time. She could only regret not entering the company early. Studying is indeed important. Su Qianqian has the highest education level now, but what's the use? She knows nothing about the relationship between Douyin and ByteDance mentioned by Zhou Yuwen. Even if she understood something, she would definitely not dare to speak casually.
You can't just say you don't agree just because you followed Jiang Ting to the side, right?
If that is the case, it would be like telling everyone in front of all corporate executives that you are just a vase that is willful and willful.
So after holding it in for a long time, Su Qianqian said, "I have no objection."
Zhou Yuwen was a little disappointed after hearing this. Alas, Su Qianqian has grown up and originally wanted to find her to have a fight, but who knew that this girl would not be fooled.
"That means there is no objection?" Zhou Yuwen said.
There were nearly thirty people in a conference room, and only Jiang Ting was the only one who stood out there.
Just when Zhou Yuwen wanted to think about it again, Hu Yingjun coughed twice.
In the blink of an eye, Hu Yingjun is already forty years old. When he first met Hu Yingjun, Hu Yingjun was thin and tall, with a round frame and a gentle and gentle man. His forehead was a bit bald, but at least he was blocked by his 300-minute hair. Now Hu Yingjun's forehead is like a Mediterranean, and he has lost a lot of weight.
He doesn't look like a man in his forties, but he looks a bit like a man in his fifty years old. There is no way. Hu Yingjun's health is not very good. Over the years, he has worked hard to make a cow and horse for Zhou Yuwen. He has worked hard for many days and nights. Zhou Yuwen has more than a dozen companies of big and small, but Hu Yingjun contracted the law alone. The small legal department has not had 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 is speaking in the conference room, Hu Yingjun took the initiative to speak and said in his not-standard Southern Mandarin: "Mr. Zhou, working alone can indeed maximize the benefits, but at present, we do not have such great energy to build an Internet ecosystem like ByteDance."
It is actually simple to be a company like ByteDance. It is nothing more than extending outward based on Douyin, recreating Toutiao and Xigua Video, and copying the sales model of Xigua Video one-to-one. It is a very simple thing in terms of planning, but who should implement such a thing?
After hearing this, Jiang Ting immediately said: "I can do this with Yuqing."
"Mr. Zhou, Aoki Takeaway will be listed in the United States this year. The group does not have so much energy to focus on other things, let alone the comprehensive copy of ByteDance is equivalent to going to war directly with ByteDance, and other Internet companies will be in danger. This is not a good thing for our group. I have also contacted Zhang Yiming. Even without ByteDance, Mr. Zhang will still have other industries. Zhang has a few talented and willing people in the Internet circle. My suggestion is to be an enemy of him and cooperate with him is the best way."
"There is no money to make, but there are only a few people in the circle. Mr. Zhang's willingness to take out 10% of the shares to cooperate is enough to show their sincerity. I think we can consider it." Hu Yingjun said so many words in one breath.
Others nodded frequently with their heads whispering to each other, feeling that what Hu Yingjun said seemed to make sense.
Jiang Ting stopped talking after hearing Hu Yingjun's words, because it is undeniable that Hu Yingjun's walking is more steady.
Moreover, the biggest thing in the group this year is the listing of Aoki Takeaway. If Jiang Ting is responsible for the Douyin project, she has to leave the Aoki Takeaway project.
Aoki Takeaway is the love crystallization of Zhou Yuwen and Jiang Ting. Jiang Ting said that she would never miss the launch of Aoki Takeaway.
After hearing Hu Yingjun's words, Zhou Yuwen nodded in agreement. In fact, when Zhang Yiming found himself, he had plans to cooperate. After all, he was responsible for this project. Now he asked him to continue working and help him make money. Zhou Yuwen said that he would not lose anything. He asked Jiang Ting and the others to come here just to let them see if there were any loopholes in the contract.
But who knew that Jiang Ting came up and said she wanted to overthrow everything. The most important thing was that no one opposed it at the meeting, which scared Zhou Yuwen.
Fortunately, Hu Yingjun is there to support him.
"Well, I think what Lawyer Hu said makes sense. Otherwise, you can think about it when you go back and think about it. If you have any new opinions, come to me. Today, it will be like this, and the meeting will be over." Zhou Yuwen finally said with a final conclusion.
Others began packing their things and leaving the meeting.
Jiang Ting stood up and wanted to talk to Zhou Yuwen about her suggestions. However, before she could speak, Zhou Yuwen looked up and said to Hu Yingjun and Su Qianqian who were about to leave: "Old Hu, Qianqian, please keep it, I have something to say to you."
When the two heard Zhou Yuwen say something was wrong, they sat down again. Jiang Ting, who was beside him, frowned when she heard it, hesitated for a while, and finally chose to leave.
Hu Yuqing, wearing a black uniform short skirt wrapped in black stockings and high heels, 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. When she saw that it was Jiang Ting, she asked curiously: "Is there anything wrong, Mr. Jiang?"
"Sister Yuqing, we are all a family. Just call me Tingmei in the future. You don't have to be so unfamiliar."
Chapter completed!