Chapter Eight Hundred and Sixty Eight: Business and Infighting
2018 was a busy year for Zhou Yuwen. After a three-year dormant period, Douyin finally ushered in an explosive period. From 2014, Zhou Yuwen created Douyin. Until 2017, in the past three years, Kuaishou has been It's a group of demons dancing wildly, and Miaopai and Weishi are also competing for hegemony. The chaos in the small video industry can be said to be unsightly. There are so many of them, even Douyin, which is under strict supervision by Zhou Yuwen, sometimes there will be a few vulgar videos. There was one a few years ago, and there will be a video of Bao when the eel is hungry. For this reason, Zhou Yuwen was specially caught The relevant department talked to him and fined him 5,000 yuan.
In the past three years, thanks to the high-quality images and the support of newcomers, the number of Douyin users has been growing steadily. In 2017, thanks to the cooperation with Baizhou Plaza, the mode of exploring stores was opened, and many Internet celebrities became popular. As a result, the number of users has achieved the latest round of growth, and finally surpassed Kuaishou at the end of 2017, becoming the number one short video software on the entire network.
At this time, Zhang Yiming finally couldn't bear to find Zhou Yuwen on his own initiative, hoping to reach a cooperation with Zhou Yuwen. Originally, Zhang Yiming wanted to create a short video software that provided users with a high-quality experience, but he didn't expect that Zhou Yuwen would take the lead three years ago. sound.
No way, Zhang Yiming had no choice but to change his strategy, focusing on the small video software he already had. He spent a lot of money to build high-quality short video software. The small video of the volcano has always been picking up people's teeth.
Relying on a large amount of capital investment, Zhang Yiming managed to get the third place in the short video ranking. In order not to be behind Zhou Yuwen, Zhang Yiming had no choice but to take risks. He contacted major e-commerce companies, opened up access channels, and wanted to be the first to propose live streaming. This concept has attracted a large number of Internet celebrities to settle in.
But I didn't expect Zhou Yuwen to go more steadily, relying on Baizhou Plaza, the largest urban complex in China, to create a combination of virtual reality and reality, and successfully found a short video monetization channel, not to mention driving the real economy. Zhou Yuwen's set of operations not only found a way to realize the 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.
Taking any one of these two industries can kill most of the richest people in the country. When these two industries are added together, it can be said that Zhou Yuwen has directly monopolized the short video economy. Under such circumstances, Zhang Yiming knows that his volcano Even if the small video software is well played, it can't compete with Zhou Yuwen.
Therefore, instead of sharing the two harms, it is better to combine the two benefits. You must know that Zhou Yuwen still owns 20% of ByteDance’s shares. He is one of Zhang Yiming’s shareholders. One, Zhang Yiming is willing to share the world with Zhou Yuwen?
How to divide the world equally, Zhang Yiming is willing to give Zhou Yuwen another 10% of ByteDance shares, so that Zhou Yuwen owns 30% of ByteDance shares in his hands. This share means that Zhou Yuwen holds more shares than Zhang Yiming, becoming The veritable first shareholder, of course, Zhang Yiming is still the head of ByteDance in the ab-share model. The reason why he paid so much is 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 bring out the greatest potential of Douyin. He has no time and energy. Instead of wasting the potential of Douyin, it is better to let Douyin run it himself. He is even willing to merge the small volcano video directly into Douyin, and the resources of ByteDance are directly opened to Douyin.
This shows that Zhang Yiming is willing to work for Zhou Yuwen.
Zhou Yuwen didn't rush to agree after hearing his hard work, but just said that I would think about it again.
Zhang Yiming was not in a hurry, he put the contract on Zhou Yuwen's desk and said: "Time waits for no one. Now a lot of capital has seen the realization value of short videos. I believe that this year there will be more capital entering the short video industry. Instead of waiting for them to come in and us cooperating, it is better to close the door now before they come in."
It is true to say so, but for a project worth hundreds of billions, Zhou Yuwen must think carefully about it. Does Zhang Yiming really have no intention of cheating himself?
So Zhou Yuwen said: "The contract is with me. I will read it first. If there is no problem, I will sign it. It will take a week at most."
"Well, I look forward to Mr. Zhou's reply."
After Zhang Yiming left, Zhou Yuwen called Hu Yingjun and Jiang Ting, and called Hu Yuqing and Su Qianqian over to hold a high-level meeting of the group. 28 people, big and small, came, except those who were close to Zhou Yuwen. Just 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 came to the conclusion that if this cooperation is reached, Zhang Yiming would use the advantages of our real economy to enrich his business in the virtual economy. He gave us a 10% stake in ByteDance It’s true, but ByteDance has not had any outstanding performance in the past few years. Zhang Yiming’s business idea is to build his own Internet ecosystem, and use his own algorithm to enable several software under his umbrella to share resources. This kind of business idea is not Wrong, but the small volcano video screen created by Zhang Yiming in the past few years has been indifferent, that is to say, Zhang Yiming's ecological circle cannot be brought up, so Zhang Yiming chose to cooperate with Zhou Yuwen.
Use the mature Douyin to drive his entire industrial chain. Douyin is very important to all his industries, but he is only willing to exchange 10% of the shares, which is still ab shares without the right to speak. To be honest, Jiang Ting thinks It's too bad 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 we don't need to cooperate with them at all." Jiang Ting is still a strong woman as always.
In fact, Zhang Yiming is willing to use 10% of ByteDance's shares to replace 20% of Douyin's shares. It is estimated that it can only be around three billion US dollars.
But looking at it another way, ByteDance has not made any big moves in the past few years. The short video business developed by Zhou Yuwen has been blocked by Zhou Yuwen. It can only be said that the future of future development is confused, but Douyin is a young man full of energy The future is limitless. It is really worthless to exchange Douyin for ByteDance. It is better to build your own ecosystem and take all ByteDance.
Jiang Ting's heart is a bit cruel, but she has always been non-toxic and husband-free in business, and there is no reason to spend tens of billions of dollars to make money because of a little sense of morality.
After Jiang Ting finished speaking, Hu Yuqing, who had been helping Zhou Yuwen manage Douyin, nodded after thinking about her choice, and said, "I agree with Mr. Jiang's opinion."
Zhou Yuwen asked other people what their opinions were, and Lin Xue was earning a pen over there, and smiled slightly: "I have no opinion."
Zhou Yuwen asked other people, besides Zhou Yuwen's women, these people were recruited business elites who had worked with the company for six or seven years.
Originally, they had their own ideas, but Jiang Ting's performance was too strong, and they couldn't say anything more. The most important thing was 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 agreement.
But Zhou Yuwen sat on the main seat, changed into a comfortable position, and asked Su Qianqian who had just arrived at the company: "Qianqian, do you have any comments?"
"I," Qianqian stuttered and couldn't speak at this time, now she can only regret that she didn't join the company earlier, studying is indeed important, now Su Qianqian's degree is the highest graduate student, but what's the use of that, She didn't know anything about the relationship between Douyin and ByteDance that Zhou Yuwen said. Even if she understood something, she definitely didn't dare to speak casually.
You can't just say you don't agree just because you're against Jiang Ting, right?
If that is the case, it is tantamount to telling everyone in front of all corporate executives that he is a savage, self-willed, ignorant vase.
So after holding back for a long time, Su Qianqian said, "I have no objection either."
Zhou Yuwen was a little disappointed after hearing this, hey, this Su Qianqian has grown up after all, and originally wanted to make a fuss with her, but who knew that this girl would not be fooled.
"That means there are no objections?" Zhou Yuwen said.
There are nearly 30 people in a conference room, and only Jiang Ting stands out there.
Just when Zhou Yuwen wanted to think about it again, Hu Yingjun coughed twice.
In a blink of an eye, Hu Yingjun was already forty years old. When I first met Hu Yingjun, Hu Yingjun was tall and thin, with a round frame and a strict and refined manner. His forehead was a little bald, but at least it was blocked by his three-to-seven hair Now, Hu Yingjun's forehead is as barren as the Mediterranean Sea, and he has lost a lot of weight.
He doesn't look like a forty-year-old man, but he looks like he's fifty. There's no way, Hu Yingjun's body is not very good, and all these years he has worked hard for Zhou Yuwen, and he has spent countless days and nights, Zhou Yuwen has more than a dozen companies, large and small, but Hu Yingjun contracted the legal aspect alone. The small legal department has no one person at the beginning, and now has hundreds of people. Hu Yingjun has paid too much for Zhou Yuwen.
Now that no one was speaking in the conference room, Hu Yingjun took the initiative to speak, and said in his not-so-standard southern Mandarin: "Mr. Zhou, it is true that we can maximize our benefits by working alone, but at present, we really don't have such a big The energy to create an Internet ecosystem like ByteDance.”
It is actually simple to want to be a company like ByteDance. It is nothing more than extending outward based on Douyin, recreating a Toutiao and Xigua video, and copying the delivery mode of Xigua small video one-to-one. Coming in is a very simple matter in terms of planning, but who should carry out such a thing?
After hearing this, Jiang Ting immediately said: "I can do this with Yuqing."
"Mr. Zhou, Qingmu Food Delivery is going to go public in the United States this year. The group doesn't have so much energy to focus on other things, let alone copying ByteDance in all directions, it is tantamount 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 met Zhang Yiming. Even if there is no ByteDance, Mr. Zhang will still have other industries. Mr. Zhang is always in the Internet circle. There are only a few talented people who are willing to do things, and my suggestion is that instead of being an enemy, cooperation is the best way."
"Money is endless, but there are only a few people in the circle. Mr. Zhang's willingness to take 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.
The others nodded frequently in whispers, feeling that what Hu Yingjun said seemed to make sense.
Jiang Ting stopped talking after hearing what Hu Yingjun had said, because it was undeniable that Hu Yingjun walked more steadily this way.
And the biggest thing in the group this year is the listing of Aoki Food Delivery. If Jiang Ting is to be in charge of the Douyin project, she has to get out of the Aoki Food Delivery project.
Aoki Takeout is the crystallization of love between Zhou Yuwen and Jiang Ting. Jiang Ting will never miss the launch of Aoki Takeout.
Zhou Yuwen nodded in agreement after hearing what Hu Yingjun had said. In fact, Zhang Yiming had planned to cooperate with him when he found him. After all, he was responsible for this project in the original time and space. Now let him continue to work to help him make money. It doesn't hurt to say anything, and Jiang Ting and the others are called here just to let them see if there are any loopholes in the contract.
But who knew that Jiang Ting would overthrow everything when she came up, and most importantly, no one objected at the meeting, which shocked Zhou Yuwen.
Fortunately, Hu Yingjun was there to support him.
"Well, I think what Lawyer Hu said is very reasonable. Otherwise, you can go back and think about it again. If you have any new opinions, come to me again. That's it for today. The meeting is over." Zhou Yuwen finally said with a final conclusion.
Others started packing up and leaving the meeting.
Jiang Ting got up and wanted to talk to Zhou Yuwen about her suggestion, but before she could speak, Zhou Yuwen raised her head and said to Hu Yingjun and Su Qianqian who were about to leave: "Old Hu, Qianqian, please stay here, I have something to say to you." Say it."
The two of them sat down again when Zhou Yuwen said they had something to do, while Jiang Ting, who was at the side, couldn't help frowning, hesitated, and finally chose to leave.
Hu Yuqing, who was wearing a black uniform short skirt and black stockings and high heels, was walking in front. When Jiang Ting came out of the conference room, she saw Hu Yuqing walking in front and thought for a while: "Sister Yuqing!"
When Hu Yuqing heard someone calling her, she turned around curiously, and seeing that it was Jiang Ting, she asked curiously, "What's the matter, Mr. Jiang?"
"Sister Yuqing, we are all one family, just call me Tingmei from now on, don't be so unfamiliar."