Creativity, only the first person to eat the crab can have a creative premium.

You see, new video websites are being born every day around the world.

LeTV, have you heard of it? It’s earlier than you, and it was registered in Beijing in November last year.”

Wang Wei was a little surprised, even questioning, "You said there are other video websites established in China?"

"certainly!"

Lin Fan shrugged and asked, "You don't know?"

Wang Wei said nothing.

What Lin Fan told him had a big impact on him.

He always thought that Tudou.com was the first to do so in China, but he didn't expect that someone would come ahead of them.

"Have you seen them?"

Wang Wei suddenly thought of something and asked.

Lin Fan shook his head, "Not yet. If you can't reach an agreement, I will go find them next."

Wang Wei wondered, "Why come to us first instead of them? After all, they were established earlier than us."

"I think you have a better chance of success."

Lin Fan was telling lies with open eyes. The main reason why he didn't join LeTV was because he didn't want to get involved in that mess. Boss Jia's network of connections was too deep. He had little arms and legs, so let it go.

It is necessary to remove chestnuts from the fire.

Wang Wei laughed. To be honest, he wasn't too sure about Tudou's success. He didn't expect Lin Fan to be so optimistic about him.

"Let's do this. I'll make some concessions and lower the valuation a bit, to four million US dollars."

Lin Fan shook his head, "The earlier we raise money, the better Tudou will be able to take the lead and gain some head start.

I won’t hide it from you, Facebook will raise a round of B round of financing this year, and the scale will exceed everyone’s imagination.

At that time, the value of video websites will be further highlighted.

Once the news spreads back to China, Tudou's competitors will spring up like mushrooms after a rain.

By that time, Tudou.com is still developing slowly and will inevitably fall into endless bitter struggles and waste golden development opportunities.

Don’t think I’m being alarmist, just look at the domestic social network market and you’ll know.

At that time, Rao Lei had been putting off returning to China to start a business in order to get a degree.

If he had returned to China half a year earlier, Youyoumi would definitely have achieved more than what he has achieved today.

The Internet is a winner-takes-all model, with one step ahead and one step ahead, leading resources concentrated on top projects.

If we get into a hard fight, the outcome will be unpredictable."

Wang Wei frowned, thinking carefully about Lin Fan's words.

Lin Fan sighed in his heart. This brother had too much of an artist's temperament, a bit of a Buddhist spirit, and a bit of indecisiveness. He lacked a wolfish nature.

After Tudou.com was launched in April, it spent more than half a year in contact with idg. It only completed an angel round of financing of US$500,000 at the end of the year, wasting precious time to distance itself from its competitors.

This caused Youku to launch a year later and surpassed Tudou.

In addition, Tudou.com completed five rounds of financing. By the time it went public, Wang Wei only held less than 13% of the company's shares.

Youku has completed six rounds of financing, and Gu Yong will still hold more than 40% of the shares.

Of course, this is also due to the fact that Gu Yongjiang has more experience in the Internet and financial industry and is more famous in the domestic Internet circle.

But it must be mentioned that during the first round of financing of Tudou, idg took away one-third of the equity at a cost of US$500,000.

Lin Fan felt that he was very generous. In February, he offered conditions that were on par with idg. Idg would have to wait until the end of the year to offer such conditions.

Because the YouTubers in this life are more famous and have more brilliant achievements than those in the previous life at the same time, it is normal for the valuation of domestic video websites to rise.

The two offset each other, and Lin Fan felt that valuing Tudou at US$1 million was almost just right.

Furthermore, if Tudou gets financing earlier, it will be able to take off earlier, and it will no longer develop like a tortoise.

"How about you give us a valuation of US$3 million? Or, we can discuss it after Tudou goes online and see the results?"

Lin Fan had been treated to a Buddhist attitude by the other party. He knew that if he backed down today, the other party would definitely be able to contact him again in a few months.

"I wonder if you know the rise of the oil pipeline?"

Wang Wei nodded, "I know, in the early days, Facebook was used to attract traffic, and then through the video blogger competition, it quickly became famous, and in one fell swoop, YouTube was introduced to more people.

To be honest, I still admire your methods, your actions are so fast, it’s overwhelming!”

"It won't work if we don't go faster. If we go slower, we would be pressed to the ground by Google now."

"Survival should be the first priority. Otherwise, even if you hold 100% of the equity, you will still have nothing if Tudou.com is destroyed."

Lin Fan turned on the training mode to see if he could stimulate the opponent's backup hidden energy - wolf nature.

If such a Buddhist system can succeed, it means that it has caught up with a good era!

After Lin Fan offered to give up his voting rights and his board seat, Wang Wei felt relieved about Lin Capital's investment motives.

But the other party wanted to take away one-third of the equity at once, which made him unable to make up his mind.

Lin Fan almost knew what the other party was hesitating about.

Although Wang Wei in his previous life finally agreed to dilute one-third of his equity to idg, it was the result of seven or eight months of consideration.

And he had to convince the other party today, which was not easy.

Even though it was difficult, Lin Fan had no intention of giving up. He also had his own unique advantages.

"Let's do this. After Tudou.com is launched, I will design several marketing plans for you, so that Tudou.com will have more than 100,000 users in one month and one million users in three months."

"Are you serious?"

Lin Fan chuckled, "I have created so many successful marketing plans, how can I still lie to you?"

Wang Wei pondered for a moment, "The valuation I can give you is as low as two million US dollars at most."

Lin Fan didn't want to squeeze out toothpaste anymore. It didn't matter if he invested an additional half a million US dollars. As long as the development speed increased, it would be worth it.

And it has to be coordinated with your own marketing plan. How can you do it without spending money?

As for the lost double return rate, we can only make up for it from peers such as Youku, 56, Exciting, pptv, and pps.

"Okay, it's settled, let's sign the investment agreement first."

Wang Wei was stunned, "Ah, sign now?"

"I would venture to say that you need to change your lazy temperament. Your competitors will not slow down their pace just because of your kindness."

Wang Wei's face turned a little red, and he also knew that he had this problem.

But when someone pointed it out to his face, it was a bit embarrassing to lose face.

However, after all, he is also a person who has stayed overseas for nearly ten years, so he is not too disgusted with this straightforward way of talking.

He nodded, "Okay, then sign it today."

"Oh, one more thing, Lin Capital has a special clause..."

Wang Wei frowned, "Does this need to be approved by the board of directors? But you haven't joined the board of directors?"

"Oh, that's right. If you don't join the board of directors, you won't be able to participate in some of the company's decisions."

Lin Fan seemed to suddenly remember something, scratched his head and handed the problem to Wang Wei.

Tudou needs his successful experience, but it is worried that he will occupy the magpie's nest.

Wang Wei frowned and thought for a long time before slowly relaxing.

He took a deep breath, as if he had made a lot of determination, looked at Lin Fan seriously, and said:

"Well, you might as well join Tudou's board of directors. I hope your experience can better help Tudou.com.

Of course, I want to make it clear that Tudou is not a subsidiary of YouTube Video, and the control of the company must be in my hands."

Lin Fan smiled with satisfaction, "Of course, cooperation will lead to win-win results!"

After saying that, Lin Fan stood up, stretched out his hand to hold the other person's hand tightly, and shook it vigorously.

(https:////80_80438/)
Chapter completed!