Chapter 255 Paranoia

Everyone knows that it is too early to split up, both businesses are not yet profitable, and both need continuous cash support. What we really need to do now is to get the B round steadily and then get it in the B round. After that, I started to open up the profit points of the two businesses, so that these two businesses can generate income. Once they start to generate income, the value in the capital market will be higher. At that time, the two will be split according to the trend. Muye Technology The slowest listing can be completed within three or four years. It is not a dream for Yiting.com to go public independently. At that time, it will be two heavy fruits, and it is very safe.

However, Li Mu's request to split now is really inappropriate. Such a big move and such a risky move will make capital lose confidence in Muye Technology and the people behind the scenes. Once investors lose confidence , that is really dangerous. The most fearful thing about starting a business is that the capital chain is broken. It doesn’t matter if you don’t make money. If you have capital, you will carry it with you. But once the capital tightens and the capital chain breaks, you can only go bankrupt.

As the first group of people in China to contact the Internet, Mr. Li has some understanding when facing Li Mu's mentality.

In his opinion, young people are high-spirited and have the energy to never admit defeat. However, sometimes this kind of energy is a good thing, and sometimes it is a bad thing. Once you choose the wrong direction, you have to go all the way to the dark It's about to fall.

So, President Li said to Li Mu in a polite tone: "Splitting is a very good idea, but it is only a little early to split. If you really want to split, wait patiently for a few months for the B round of financing. It's not too late to split after success. Then cheat more capital on board. Once you split. They will also do their best to help the development of the two companies."

Li Mu knew that what the other party said was very pertinent, but since he wanted to pretend, he had to pretend to the end, so he sneered slightly and said, "It will be too late to split after the B round of financing, and now is the time to split. When making concepts, we must first split and make the two concepts into a more mature state, and then use higher financing to finance the B round.”

President Li shook his head: "This is very difficult to do. Once it is split, the capital will be disappointed with you."

Li Mu said with a smile: "I'm not afraid, all the capital parties who will be disappointed in the split lack foresight and insight. I don't want to cooperate with them either. I must communicate with those capitals who can see through my intentions.”

President Li's face was a little ugly. Li Mu's words meant that Sang scolded Huai and did not support his split. It is lack of foresight and insight, and he clearly expressed his disapproval just now. Isn't this a slap in the face?

Tan Yaocheng also felt that Li Mu was going too far, cleared his throat, and said, "Li Mu, to be honest, Mr. Li's opinion is very pertinent and objective, and now Yiting.com's valuation can reach three or four in the capital market. 100 million. If you take a wrong step before the B round, once the capital side is not optimistic, the valuation may plummet.

Do you want to destroy the company you have worked so hard to run by yourself? "

Li Mu frowned: "Mr. Tan, what do you mean? My own company, how I do it is my business, I said it just now, I'm just here to convey, whether you like it or not, the split is a sure thing. Besides, you haven't seen my follow-up development plan, so what are you doing in such a hurry to make a conclusion?"

Tan Yaocheng said with a little embarrassment: "I'm not denying you, I'm just reminding you that everyone is a cooperative relationship and a friend." Infinite Creation

At this time, Mr. Li's expression was already a little unsightly. He pointed his finger on the table and said, "Okay, let's not make these useless arguments first, let's take a look at the follow-up development plan."

Li Mu nodded, tapped his fingers on the keyboard, and immediately entered the development plan after the split of EasyTing.com.

In this section, Li Mu detailed his optimism about the MP3 market, which almost coincides with Mr. Li.

In fact, Mr. Li has already started plotting the MP3 business this year, but he has not been very firm for a while How harsh is it, the mode of doing MP3 downloads without authorization, if you are in the United States, you will be punished to ruin your family and even go to jail.

However, just as he was studying the proportional relationship between illegal costs and illegal benefits, YiTing.com was born and proved with personal actions that there is indeed no clear legal provision to manage it, and it is impossible for European and American record companies to come to China. It takes a long time to file a lawsuit with it, because the country doesn't pay much attention to it, and it will end up in the end if it runs hard, and the domestic record company has no way to file a lawsuit with it. The thing is that lawyers have calculated this kind of thing, and they struggled to fight a lawsuit, but they couldn't get tens of thousands of yuan in compensation, and it often took a year or two.

Mr. Li later specially consulted many professional lawsuit sticks, and came to a clear conclusion: the law does not dare to be the first for the time being.

The reason is very simple. There are too many pirated copies in China. In small cities, except for the Xinhua Bookstore, where the books are genuine, almost no genuine books can be found in other bookstores. The same is true for tapes, CDs, video tapes, and CD-ROMs. %, there is no clear legal support now. If any court dares to set a precedent, it is likely to cause trouble for itself.

Therefore, Mr. Li has recently made it clear in Baidu that no matter what, MP3 must be launched next year. Even if Baidu has invested in Makino Technology, it must not give up its own MP3 search and download market. The cost of MP3 hardware is increasing. The lower the popularity, the more popular it is. In the future, it will be the world of MP3 and digital music. At that time, the download demand on the Internet will definitely surge. awful!

Tieba, Sina, Netease, Shanda and Tencent do not feel impatient, because everyone specializes in art, Tieba is a minimalist forum, Sina Netease is the portal, Shanda is an online game, and Tencent is instant For communication, what Baidu does is search. Everyone who works in a restaurant can’t be the enemy of someone who buys clothes, but MP3 is different. Although MP3 is a music audition demand, its front end represents a huge MP3 search volume, future music audition enthusiasts and MP3 hardware users must first search for a song after thinking of a certain song, then find the download address, and download it to the local or hardware.

Although MP3 search is only part of search, it is also search!

The restaurant owner won't fight with the person who buys clothes, but he will have a grudge against the person who sells breakfast. On the one hand, he also wants to make the money of the breakfast. Eating a few buns in the evening to pay for the payment will affect the potential benefits of the restaurant to some extent. Interstellar Pharma Guide

Now look at Li Mu's optimism about the MP3 market, and even asserted that MP3 search will account for more than 20% of online searches. Mr. Li can't sit still. If he really allows him to make EasyTing.com bigger, Baidu will launch MP3 search next year. It will definitely be greatly affected. Although Baidu also has shares in EasyTing.com, but that 10% counts as wool? It doesn't make much sense! The core business must be in your own hands! Even if you don’t sell breakfast yourself, you should try your best to recruit people who sell breakfast, sell it in your own store, cooperate deeply with yourself, and be under your own control.

Li Mu didn't expect that the prospect of MP3 had already made Mr. Li unable to sit still.

And Li Mu's follow-up plans for MP3 also made President Li feel a strong sense of crisis. Between the lines, Li Mu is really optimistic about MP3. The key is that he thinks the same...

With a hint of sadness in his arms, after listening to Li Mu's introduction to the MP3, Li Mu coughed twice, cleared his throat and took a sip, and started today's real highlight.

"Building a navigation website of your own is imminent!"

"The navigation website will be the first stop for more than 70% of netizens to access the Internet in the future, and it will be the traffic hegemon in the Internet world!"

"To expand the navigation website and tap the potential of the navigation website will hold the lifeblood of the entire Internet world!"

"Increase capital, sell advertisements, spend most of your energy on building your own navigation station, and then use most of the funds to increase traffic and influence for the navigation station. Be sure to catch up with Hao1 in 2002!"

Just as optimistic about MP3, Li Mu showed his unparalleled enthusiasm for navigating websites with an almost decisive attitude.

President Li's brows furrowed even tighter. In his eyes, Li Mu became an extreme paranoid.

Previously, Li Mu was extremely optimistic about MP3, which made him feel that there was a serious crisis in the MP3 plan next year; now, Li Mu is extremely optimistic about MP3, which made him feel that once Muye Technology is split, Tieba will be dragged down by his navigation website plan to death .

The Internet is a place that pays attention to user experience. It is not impossible to sell advertisements. However, once advertisements start to affect the normal use of users, users will inevitably have resistance and cause a certain loss of users. Li Mu is now so optimistic about the navigation station, reading between the lines. It means to sell iron by smashing the pot and trying to do a good job of navigating the website. At that time, he is worried that Li Mu will squeeze out all the value of Tieba in advance, and develop a navigation website that kills chickens and finds eggs.

The biggest problem is that he is not optimistic about navigating the site.

In his view, a navigation website is a product without technical content and only in line with the early and mid-term forms of Internet development. It is like an extremely rough map of a city. People who have just entered the city or are not familiar with the city will need it. One set, to give some guidance to his basic needs, but when the user is familiar with the city, he naturally no longer needs this product, and the user viscosity and average usage time of this product are pitifully low, the average user surfs the Internet for an hour, Staying in Hao1 will not exceed 30 seconds, Li Mu said that the potential of the navigation website is deeply explored. How can it have any deep potential to be tapped? (.)