Rebirth in a Perfect Era Chapter 255: paranoid
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Everyone knows that it is too early to split, and both businesses are not profitable yet, and they still need continuous cash support. What we really need to do now is securely secure the B round, and then in B After getting the round, they started to break through the profit points of the two businesses, so that these two businesses can have revenue. Once they start to make revenue, the value in the capital market can be higher. When the time comes, the two will split up. Muye Science and Technology is the slowest to complete listing in 3-4 year. The independent listing of Easy Music network is not a dream. It will be two heavy fruits at that time. It is very safe.
However, Li Mu ’s request to split up now is too inappropriate for this timing. Such a big move and such a risky move will make the capital lose confidence in Muye Science and Technology and the helm behind it. Once the investor If you lose your confidence, then it is really dangerous. The most feared thing about starting a business is that the capital chain is broken. It does n’t matter if you do n’t make money. If you have capital, you will be accompanied by you. But once the capital is tightened and the capital chain breaks, you can only go bankrupt. .
Chief Li, as the earliest group of people in China who has been exposed to internet, has some understanding when facing the mentality of Li Mu.
In his opinion, young people, have a strong spirit, and have the strength to never lose, but sometimes this kind of strength is a good thing, sometimes it is a bad thing. Once you choose the wrong direction, you have to go all the way. Black, that is to fall.
So, Chief Li said politely to Li Mu: "Split is a very good idea, but now the split is just a little early. If you really want to split, wait patiently for a few months, B It is not too late to split after the successful round of financing, when the time comes to deceive more capital on board, once you split, they will also do their utmost to help the development of the two companies. "
Li Mu knew what the other party said was very pertinent, but since he wanted acting cool, he had to install it. So he sneered slightly and said: "It is too late to split after the Series B financing. It is now When splitting to make a concept, we must first split and make the two concepts into a more mature state, and then use higher financing to melt the B round. "
Chief Li shook his head: "This is very difficult to work, once the split. The capital party will be disappointed with you."
Li Mu laughed: "I'm not afraid, the capital parties who are disappointed in the split are all lacking foresight and insight, and I don't want to cooperate with them on this type of capital parties. As the saying goes, it's not a plot to be different. In the future, I must communicate with those who can see through my intentions. "
Chief Li's face is a bit ugly. Li Mu's words mean that Sang cursed Huai. Those who do not support him split are lack of vision and insight. He just made it clear that he did not support it. Isn't this a real face-slap?
Tan Yaocheng also felt that Li Mu was a bit excessive, cleared his throat, and said: "Li Mu, to be honest. The opinions given by Chief Li are very pertinent and very objective. Now the valuation of Easy Music network can achieve 3-4 in the capital market. Billion, if you take the wrong step before the B round, once the capital side is not optimistic, the valuation may be a big dive. Do you want to destroy the company you are working hard for? "
Li Mu frowned: "What do you mean Director Tan? My own company, how do I do my business, I just said it. Today is just to convey, whether you like it or not, the split is a pinnacle. Things, let's talk about it. You haven't seen my follow-up development plan yet, so anxiously decide what to do? "
Tan Yaocheng slightly embarrassedly said: "I am not going to deny you, I am just to remind you that everyone is a cooperative relationship and a friend."
Chief Li's expression is not so good at this time, and he nodded his finger to the table. He said: "Okay, let's not do these useless arguments first, let's take a look at the follow-up development plan."
Li Mu nodded, tapped on the keyboard with a finger, and immediately entered the development plan after the Easy Music network was split.
Li Mu in this section details his optimism about the MP3 market, which almost coincides with Chief Li.
Chief Li has actually started plotting MP3 business this year, but it is not very firm at the first half of the meeting. The main concern is the copyright issue. He came back from the United States and worked in the United States Silicon Valley for several years. How strict is the protection of property rights? If you do n’t take authorization, you can do this MP3download(ing) model. If you want to be fined in the United States, you will have to go to jail.
However, just when he studied the proportional relationship between illegal costs and illegal benefits, the Easy Music network was born and proved by his own actions that there are indeed no clear legal provisions that can manage it. I came to China to fight the lawsuit because China didn't pay much attention to this one. Fenbara's running came and ended up losing the case, and the domestic record company could not fight the lawsuit with it. It took a long time to start the lawsuit. The most important thing is that this kind of thing has been calculated by the lawyer, and it takes a lot of hard work to get a lawsuit. As a result, it can not get a few 10.000 Yuan compensation, and it will take one or two years.
Chief Li later specifically consulted many professional litigants, and came to a clear conclusion: the law is still not dare to set a precedent for now.
The reason is very simple. There are too many domestic piracy. In small cities, except for Xinhua Bookstore ’s books are genuine, almost all other bookstores ca n’t find a genuine book. The same is true for tapes, CDs, video tapes, and CDs. The ratio is over 90%, and there is no clear legal support. If any court dares to set the precedent, it is very likely that it will cause trouble for yourself.
So, recently Chief Li has also made it clear within Baidu. In any case, MP3 must be launched next year. Even if Baidu has voted for Muye Science and Technology, it must never give up its own MP3 search and download(ing) market. The more the cost of MP3 hardware The coming is low, and the popularity has been expanding. In the future, it will definitely be the world of MP3 and digital music. By then, the demand for download(ing) on internet will definitely increase. If the layout cannot be prepared in advance before then, it will definitely die. Miserable!
Tieba (Post It), Sina, NetEase, Shanda, Tencent, Chief Li do not feel impatient, because everyone specializes in art, Tieba (Post It) is playing a minimalist forum, Sina NetEase is Portal, Shanda is Online Games, Tencent is Real-time Instant Messenger, Baidu do search, everyone does not make rivers, dry restaurants, it is impossible to match with the ones who buy clothes, but MP3 is different, MP3although is a music audition demand, but its front end represents a huge MP3 search volume, future music listening enthusiasts and MP3 hardware users must think of a song, first search for the song, then find the download(ing) address, and transfer it to local or hardware download(ing).
The althoughMP3 search is only part of the search, but it is also a search!
Dry restaurants do n’t know how to buy clothes, but they will have an enmity with selling earlier. On the one hand, he also wants to earn the money earlier. On the other hand, selling it early is too good. In the morning, evening and night, I eat a few buns to redeem, and the potential benefits of the hotel will be affected somewhat.
Now look at Li Mu's optimism about the MP3 market, and even assert that MP3 search will account for more than 20% of online search. Chief Li can't stand it. If he really lets him enlarge the Easy Music network, Baidu will launch MP3 next year. Search will be greatly affected, although Easy Music network Baidu also has shares, but what about 10% of wool? It doesn't make much sense! The core business must be in your own hands! Even if you do n’t sell it early, you should try to recruit those who sell it earlier, sell it early in your store, cooperate with yourself, and be under your control.
Li Mu didn't expect, a prospect of MP3 prospects, has already made Chief Li a bit uneasy.
The Li Mu's subsequent planning for MP3 also made Chief Li feel a strong sense of crisis. Between the lines of Li Mu's, it is really too optimistic about MP3. The key is that he is also the same as he thought ...
With a touch of sadness listening to Li Mu, after introducing the MP3, Li Mu coughed twice, cleared his throat and drank, and started the real highlight of today.
"Building your own navigation website is imminent!"
"Navigation website is the first stop for Browsing and Browsing in the future 70%, and it is the traffic master of the internet world!"
"Bigger navigation website and deeper exploration of the potential of navigation website will hold the lifeline of the entire internet world!"
"Increase capital and sell advertisements, use most of the energy to build a navigation station, and then use most of the funds to increase the traffic and influence of the navigation station. Be sure to catch up in 2002 Hao123! "
Like optimistic about MP3, Li Mu shows its unparalleled enthusiasm for navigating website with an almost decisive attitude.
Chief Li's brows are tighter, and in his eyes, Li Mu has become an extreme paranoid.
Previously, Li Mu was extremely optimistic about MP3, making him feel that there is a serious crisis in next year ’s MP3 plan; now, Li Mu is extremely optimistic about MP3 and making him feel that once Muye Science and Technology is split, Tieba (Post It) will be planned by his navigation website Lethal to death.
internet is a place that pays attention to user experience. Selling advertisements is not impossible, but once the advertisement begins 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 navigation stations In the words, there is a pair of pots selling iron and fighting hard to get rid of the meaning of navigation website. Then he worried that Li Mu will squeeze out all the values of Tieba (Post It) in advance, and the development of navigation and killing chicken website.
The biggest problem is that he is not optimistic about navigating website.
In his view, the navigation website is a product that has no technical content and only conforms to the early and mid-term development of internet. It is like an extremely rough map of a city. It has just entered this city or is not familiar with it. People will need a 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 use time of this product are poor, the average user Browsing An hour, staying in Hao123 will not exceed thirty seconds, Li Mu said to deepen the potential of navigation website, how can it have the depth potential to tap? (To be continued.)