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Chapter 1501 Starting Point Chinese Network

The founder of Qidian off the stage never expected that he would get the opportunity to ask Li Mu at Li Mu's press conference. Not only did he promote his brand, but he also got Li Mu's promise to determine the investment. More importantly, Li Mu publicly expressed his optimistic view of online novels, which would definitely trigger a blowout development of online novels.

At this moment, his mood was particularly excited and excited, sweeping away the haze accumulated in his heart recently.

The reason why I feel gloomy is because the Qidian founding team is not having a good time now.

Qidian Chinese Network is the pioneer of a new industry, and this industry was divided into shares with authors in the early stage, which means that Qidian's business model is a "consignment system" that sellers in the commercial field envy.

Consignment means that the commodity producer takes the initiative to deliver the goods to the seller. The seller does not need to pay the fees in advance, but sells the goods first and then settles them regularly to the producer.

In this way, there will be no largest "purchase cost".

Just like Walmart, a huge store opened and goods costing tens of millions or even hundreds of millions of yuan were put on the shelves. Walmart may not spend a penny on it, which greatly reduces the cost of business operations.

Qidian is now the "Walmart" in the field of online literature. Authors upload their works to the website and then sign a "consignment system" share agreement with the website. However, the consignment is not the actual goods, but the digital content they created themselves. Qidian puts these contents on the shelves and sells them, and then divides them with the authors on a monthly basis after creating profits.

In this model, Qidian can easily make money.

However, even though Qidian Chinese website data has always been very optimistic, the paid reading model has a certain foundation, and the company's overall operation also has positive cash flow, but Qidian is still lacking a real thrust, a powerful thrust that can make it seize the opportunity and take off quickly.

It is not difficult to run a company that can make money. You can buy a leather bag for ten yuan, print some dog skin plaster for twenty yuan, and stick it everywhere. Then you can make money by visiting people's toilets. The cost is only 30 yuan in total, and you can get three or six toilets back. If you pass it again, you will be considered a net profit.

However, it is too difficult to run a company with broad prospects and strong explosive power.

Just like an individual businessman who opens a restaurant, it is not difficult to open a small restaurant and have a monthly surplus. However, if you want to turn a business that makes 3,000 yuan a month into a monthly earning three million yuan, 99% of people do not have such ability. After all, there are very few giant catering companies like Haidilao.

Qidian team is not satisfied with the positive cash flow of its company every month. They hope to seize a wave of opportunities to make online literature bigger and stronger. However, relying on the current slow development speed and profitability, they need to accumulate strength for a long time to try to make breakthroughs.

So in order to seek this breakthrough, Qidian team has been looking for suitable financing and mergers and acquisitions opportunities, sacrificing equity in exchange for energy.

Li Mu is indeed optimistic about the future potential of the novel industry, but the reason why he has not done it is because this industry still needs a long time to incubate. At least at present, it can only be regarded as a mosquito thigh for its own industry, and it is not even a useless rib. He has so many profitable businesses and so many concepts that are optimistic about the world. There is no need to do an online literature that no one knows about yet.

If you didn't meet the founder of Qidian team today, Li Mu might wait for Shanda or another company to work hard to create a good industry basic market, and then directly choose a acquisition with the greatest potential. Shanda Literature has been operating for so many years, and the final offer is only a few hundred million US dollars.

However, since I met this day so by chance, and I chose the head of this company from thousands of company leaders, Li Mu felt that the time to make an advance arrangement was ripe.

In Li Mu's memory, Qidian was directly acquired by Shanda in 2004 in his previous life, and the amount of the acquisition was only two million US dollars. According to the exchange rate at that time, two judgments can be drawn from this memory:

First, Qidian's business model was difficult to raise funds from 2003 to 2004. The stories they told and the concepts they created were not recognized by capital during this period. Otherwise, Qidian would definitely carry out at least one round of financing first, gradually release equity, and gradually absorb capital, rather than directly packing and selling it to Shanda in one go;

Second, Qidian’s founding team itself did not expect high returns on this project, otherwise it would not have agreed to sell it for only two million US dollars;

With these two judgments, Li Mu can basically determine the appetite of Qidian team during this period of time.

...

Afterwards, Li Mu selected the second questioner. This time, he chose a reporter from the Western Confucian Republic.

The other party stood up, nodded slightly to Li Mu, and said politely: "Hello Mr. Li, I am a reporter from the Los Angeles Times. When Google announced that it would acquire Muye&baidu, there were many media and Internet in the West, and economic experts expressed a concern, that is, after obtaining Google's shares, Muye Technology will have a negative attitude towards subsequent cooperation. I would like to ask your question, how will Muye Technology cooperate with Google after today? Or, what priority will Google be placed?"

After hearing this question, Li Mu raised his lips slightly and answered in fluent English: "Your question gives me a feeling of a question from a woman's relative or friend before a wedding. For example, she is going to marry you today. Will you be nice to her in the future? How will you be nice to her? Will you tolerate her at any time..."

When Li Mu said this, there were laughter from the audience. The reporter who asked the question also laughed. He had never thought about this before, but after Li Mu said this, he felt that it was really no different.

At this time, Li Mu's expression gradually became serious and said, "Actually, I think that cooperation or marriage should not be the responsibility or obligation of one party. Whether two people can last for a long time after marriage does not depend on whether the man is good to the woman or whether the woman is good to the man, but on whether the two people can work together and keep intimate with each other. The same is true for the cooperation between Muye Technology and Google. For us, we will definitely do everything we can. For example, we will divert traffic for Google searches in various product links, bring more users to Google, and realize Google's demands for us. At the same time, Google must cooperate with Muye Technology's grand strategy to realize Muye Technology's demands for Google well. Only in this way can everyone maintain a close cooperative relationship for a long time."

The reporter who asked the question nodded very seriously and said, "Thank you, Mr. Li."

Li Mu smiled slightly: "I have something to add to the question you just said."

The reporter hurriedly said: "Please tell me, Mr. Li."

Li Mu said: "There is a folk ranking in China called 'Go-tongue'. The original meaning is to describe gossip women who especially like to talk about others behind their backs. Of course, I have no gender discrimination here. This is just an old saying that has been circulating among Chinese people for many years. So now, who is a typical portrayal of 'Go-tongue'?"

Speaking of this, Li Mu paused and smiled, "It's the media and experts you just said that we would have a negative attitude towards Google! Their irresponsible empty remarks are like a girl is about to get married. A bunch of gossiped tongue-in-laws insist on saying to her in her ear: Your fiancé doesn't actually love you at all. In fact, he wants to marry you for your money, not your people. In fact, he has had other women outside for a long time, and he won't treat you well if you marry you..."

"To be honest, this kind of person is quite unethical based on the three views of our Chinese people."

There were laughter from the audience again. In fact, every company of a certain size has been sang by the media and so-called experts. Today, you are not good at this, and tomorrow you are not good at that. So no one has any good feelings for those who dare to say anything when they talk like this. Li Mu just said something that everyone has always wanted to say, but has never had the opportunity to publicize it.

After the applause, Li Mu chose another entrepreneur representative. After the other party stood up, he couldn't wait to ask Li Mu: "Mr. Li, you have been emphasizing the Internet 2.0 era just now, and have always emphasized that Muye Technology must first enter the 2.0 era and transform into an open platform. So I would like to ask, what is the core gap between the 1.0 era and the 2.0 era?"

Li Mu replied with a smile: "The core difference between the 2.0 era and the 1.0 era is actually the difference between the large planters and landlords. The large planters plant themselves no matter how much land they have. If they can't plant, they hire more workers to help them grow. Whatever they plant, how they plant, how they plant, how they plant, how they will handle the harvest after planting, and the workers are only responsible for their efforts and salary. The landlords are responsible for the effort and no matter how much land they have, they plant part or no plant at all. The rest are contracted to others to plant, what they plant, how they plant, and how they handle it after planting. The landlord doesn't care. He only collects rent based on the area or divides the fruit according to the harvest."

After saying that, Li Mu said: "You should have heard of our yytunes. We have created a platform that specializes in selling music, and opens this platform to record companies, music studios and individual creators around the world, so that they can upload their works to our platform, provide them to our users, and make money from our users, and at the same time convert our users into their fans. This is the platform concept of the 2.0 era. However, in the next 2.0 era, Muye Technology will open all platforms and build the entire group ecosystem into an open platform that is full of rivers!"
Chapter completed!
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