Chapter 1317 I Have to Obey

In the bar in Los Gatos, Hastings suddenly became energetic. Hey, this guy is so brave. He even dared to provoke that woman who was famously not easy to mess with.

He glanced at Randolph, who said drunkenly, "I don't know that either."

But he pointed his fingers at Hastings and said, "But I know you're gloating."

"Is there any?" Hastings drank a glass of champagne happily.

Really, he didn't hide his gloating at all.

Although he admires Feng Yiping, and although he has to bow to Feng Yiping next, it does not mean that he has no objection to Feng Yiping. On the contrary, he has no objection to the guy who single-handedly drove him out of the company he founded. Very big and would love to see him get into more trouble.

"I love this show so much, Charlie," he said, raising his glass.

"Jing Feng," Randolph also raised his glass.

"No, I have to ask Patty to record this episode,"

The Charlie Rose Show is different from the warmth of Oprah and the comedy of other talk shows. The target figures he interviews are relatively high-end, such as presidents and prime ministers of various countries, Nobel Prize winners, academic leaders, Oscar winners and successful companies. Home etc.

So it's relatively serious, but that doesn't mean his questions won't be sharp.

As long as it is a TV show, there are ratings requirements, and The Charlie Rose Show has been on the air since 1991 and is still very popular today because of more than just professionalism.

The other side of this host, who is the same age as Feng Yiping's father, seems to be a gentle and good-natured man, and is always better at listening, is that the questions he raises are sharp and unexpected.

Feng Yiping was stunned for a moment, "We do have competition with eBay in some areas, but that is a normal business category and there is no conflict at all."

Feng Yiping said it very grandly.

At this time, if you really follow his words and attack the opponent, it will be really hopeless.

"eBay is a responsible large company, and Ms. Whitman is an excellent business leader. The competition between our two companies has a positive effect on both parties,"

Hastings laughed again, "Competing with eBay? Why do I think he is promoting himself?"

This is true. If one day you say that a giant like Microsoft treats you as a rival, this also illustrates the status of your company.

In the field of e-commerce, eBay is a giant.

"They do have competition. Didn't eBay target them very much in the group buying project a while ago?" Randolph said.

"For example, we can now find that more and more individuals and families are using group buying services. Although this business model is our first,"

On a show like this, of course he has to highlight his company, not to mention he is telling the truth.

"But it is precisely because of the follow-up and participation of companies like Amazon and eBay that this market is getting bigger and bigger, and we welcome such beneficial competition,"

He emphasized the word "beneficial". Compared with Charlie Rose, he also understood that the competition between eBay and NEXTDOOR in group buying a while ago was by no means beneficial.

This is also determined by objective reasons. To be fair, Whitman is naturally an outstanding business leader, but because she is a woman, some of her methods will inevitably appear feminine or stingy.

For example, when we first started competing with Taobao advertising, we placed ads on Google and Baidu saying "If you want Taobao, go to eBay", and on your own website you said "Taobao, open a store, enjoy life."

In the end, Taobao didn’t even need to say anything, and Taobao didn’t say anything. Her two ads had to be withdrawn because they caused public outrage in the industry.

As for Feng Yiping being angry at NEXTDOOR because of his investment in Taobao, she thinks it is normal, but in fact it is not professional.

"No, that's not what I'm talking about," Charlie Rose shook his head. "I think your biggest conflict is caused by the fierce competition between two e-commerce websites in China."

"You took over Goldman Sachs's stake in Alibaba, and eBay acquired a local e-commerce company in China and invested heavily in highly targeted competition,"

"eBay has invested a total of 100 million US dollars in advertising costs," Feng Yiping added. "They have signed clear exclusive agreements with all large websites. When they can't find advertising carriers, Alibaba has spent 7 months in the early stages of advertising. In March, advertising expenses were simply frozen.”

"What's the result now?" Charlie Rose asked, holding his left cheek with his hand.

"Just like the expanding group buying market in the United States, China's e-commerce market is also increasingly prosperous, driven by large amounts of advertising expenditures. eBay acquired by eBay still occupies the largest market share, but Taobao's share is also rising,"

He said this very euphemistically. To put it bluntly, Taobao defeated eBay in this round.

"How do you evaluate this competition?"

"First of all, I want to make it clear that I was involved innocently. You know, I have a good relationship with Goldman Sachs. Last year, they did not want to hold shares in Alibaba and consulted my opinion immediately. I also think it is good. The investment was finalized very quickly, and I really didn’t intend to get involved in such competition,”

"As for this competition, I think the most important experience is that even if you have to burn money, you have to put it into the stove. In this way, even if you may not be able to cook a pot of rice, you can at least heat a pot of water."

Feng Yiping still couldn't help but sarcastically said, "Your Majesty, are you watching? I guess you can't laugh after seeing what I said, and you probably can't even eat your meal."

He guessed it right. Silicon Valley, Whitman, who saw this scene, not only had a livid face, but also almost dropped the precious crystal cup in her hand to the ground. Feng Yiping's words were definitely a salt sprinkled on her bleeding wound.

Although it was clear that what Feng Yiping said was the truth, and it was not even the whole setback of eBay, under the influence of Taobao's "free service" commitment, the board of directors had decided to reduce the fees of eBay's OneNet at the beginning of next month.

In other words, they spent such a huge price, not only did they fail to make Taobao disappear, but made it stronger. The sad thing is that they had to take the initiative to reduce the relevant fees, which is the so-called misfortunes never come alone.

All she could think about now was how to make Feng Yiping sad again.

From a business perspective, forget it. The only thing they had in common was group buying, and she couldn't do anything about Feng Yiping. As for other aspects, whether it was social networking or video websites, not to mention the company she was currently in charge of that had nothing to do with those two aspects, even other social networking websites had already been left behind.

Perhaps, let Barry think of a solution?

Didn't the USA Today report have some effect?

Also, it seems that matters related to PayPal's entry into China must be accelerated.

In fact, Feng Yiping's sarcastic words also had a meaning that was difficult to tell anyone, especially eBay. Since they were spending hundreds of millions of dollars on advertising with uncertain or confirmed results, why not just learn from Taobao and make it free?

Now eBay is also in the stage of burning money. According to the current charging policy, how could it possibly recover $100 million? Why not waive it?

Don't they know that the money spent directly on users is the best advertising?

If eBay was free, even if Taobao could survive, it would never have achieved the success it did later.

Why didn't the people at eBay do this? This is a question that he couldn't figure out after he figured out the competition between the two.

Perhaps it was arrogance?

…………

"You yourself are more optimistic about Taobao?" Charlie Rose asked.

"Yes, I think Taobao is more suitable for the Chinese market than Eachnet, which is a rigid copy of the American model."

Is there any need to hesitate about this question? How many of the later online shoppers know about the e-commerce company that now accounts for the largest share in China?

"That is, will you continue to invest in Alibaba and support Taobao?"

"I have no reason not to do this," Feng Yiping smiled brightly. Supporting Taobao is not just supporting yourself, right?

"Finally, let's talk about your recent move. YouTube, the website that caused a sensation nationwide as soon as it went online, is your main preparation for Netflix?"

"Yes, we are very happy to see that the current hardware level is getting better and better, and it is fully capable of supporting netizens to watch related videos smoothly online,"

"Soon, Netflix will complete another merger and acquisition, but this time the main body of the merger is Netflix, and the acquired is YouTube. With the help of YouTube, we will divide Netflix into two parts, traditional DXD rental, and Netflix's streaming business,"

Feng Yiping unveiled the new direction of Netflix's development in front of the public for the first time.

The representatives of Hollywood film and television companies gathered in the bar finally understood Feng Yiping's arrangement for the first time. No wonder they have been discussing the division of revenue again.

If those movies and TV series can be put on the Internet so that everyone can watch them on computers and other terminals at any time, such a service will obviously be more attractive to many people. It can be foreseen that Netflix's registered users will usher in a substantial increase again.

"And you know, video is always more three-dimensional and cooler than voice. The slogan of our website is 'Broadcast Yourself', which means showing yourself. We just hope to give more people this opportunity, so that this platform can record more bits and pieces of life,"

"So, as for YouTube, what do you foresee its future development, or what kind of development do you hope it will become in the future?"

"It will definitely help Netflix bring more and more registered users, and I can fully predict that in the future, it will help more and more people become hosts like you, of course, they will definitely not be comparable to you,"

"The programs they produce no longer need to bother the TV network, they can be broadcast directly on YouTube, and they can also receive compensation through clicks from other users,"

Charlie Rose's eyes were a little straight, and he was a little out of control as he had been controlling the entire interview. This was the first time he showed such an expression tonight. Everyone can become a host?

And can also receive compensation? How is it possible?

But if you think about it carefully, isn't that exactly the case?

Randolph glanced at Hastings, a little surprised that he was so quiet at this time, and then he saw that Hastings was staring at the TV blankly.

Humph, I knew it would shock you.

In terms of grasping future trends, who can be better than Feng who is always at the forefront?

"Are you convinced?" he asked.

The Hollywood people in another bar were also confused. Does this mean that in the future, those who have no strength and are not professional can also compete with them for business? Because they don't need to distribute at all, they just need to upload their works to YouTube.

This is simply inevitable, and at least one company is ready to compete with them for business.

"With the development of other related technologies, we are also working on this, such as the research of TV boxes. I think soon, our users will be able to watch YouTube videos on TV."

Everyone knows the situation more than ten years later. The power-on rate of PCs and other terminals is much greater than that of TVs. You may spend more than four hours a day on computers, smartphones, and tablets, and you may spend less than 40 minutes watching TV.

But at present, it is still a period when computers and TVs begin to compete for users. Due to the influence of pixels, screen size, and the richness of cable programs, TVs are still the most important entertainment terminals in a family.

"From the existing technology, the integration of telecommunications network, radio and television network, and the Internet in high-level business applications is bound to happen. It won't be long before we can easily watch our show on the computer,"

"I think I understand why you are so successful, Feng, because you can always be one step ahead of others at the critical moment,"

Yes, in terms of grasping the future development trend, I really can't find an opponent. I really feel that life is really lonely.

"I hope the day you mentioned will come soon," Charlie Screw sorted out the pile of papers in front of him, "Thank you Feng for participating today,"

This last paragraph touched him too much, and he had to think about it carefully.

Feng Yiping smiled and signed for a staff member. Charlie Rose smiled and said, "Feng, I'm thinking, should we upload all our videos to your website now,"