"we are the video industry" second "genuine goods at a fair price." A rainy summer afternoon, storm CEO Feng Xin sat in front of the dark horse brother said firmly, he will be hard pressed off indistinctly cigarettes on the table.
China video industry has a strange phenomenon, Tencent, Sohu video video, love Qiyi, PPTV and PPS video companies are claimed to be behind Youku industry "second", and every company is from the report of the interception of the long-drawn and tedious documents required, some refer to the total length. Some refer to the per capita length, some references are HD length etc..
this time Feng Xin cited the average number of coverage, according to iResearch IUT data show that the average daily coverage of the storm to reach more than 3113.2 people a day, this ranking has been more than a month after youku. In Feng seems, this data can reflect the real value of a product, it really reflects the user specifications, is within 24 hours of how many people are there in you, we called on the activity, this is the most important data."
whatever you called digital games, you worth mentioning, Feng Xin’s face was marked expression have plenty of reasons to explain. In the video industry, hundreds of billions of dollars in financing crazy burn, Feng Qijin so far only three rounds of financing: $3 million in 2006 2007, $6 million, $15 million in 2008. Baidu acquisition of PPS video, Youku acquisition potatoes; Renren acquisition of 56.com; grand acquisition cool 6…… To find the "Godfather" common practice and in many video enterprises, independent of the storm to survive, but also live well, has been profitable for 3 consecutive years, and submit the GEM Listing application.
in the case of no money no dad, storm video can only barbaric growth." This is Feng Xin repeatedly emphasized to the dark horse I sentence. How is the growth in the brutal storm No Godfather situation? It is how to deal with "two rich generation"? Is it the inspiration for entrepreneurs? The Autobiography of Feng Xin.
we are a nation of more than and 600 people and hundreds of millions of dollars in revenues, compared with competitors, this is "grass root", such as Youku potatoes valuation of billions of dollars, probably $one billion valuation, Iqiyi is Baidu, Tencent and Sohu just get a video is not a problem. It’s hard to see the second of them, because we are not an order of magnitude in terms of human and material resources.
, for example, it costs US $five to invest in copyright. Our principle is to ensure that the purchase of sixty or seventy of the amount of ownership, but do not buy an exclusive, for the content is too expensive, we even buy second-hand. And our opponents will buy exclusive, that is to say, the other side of the user in the use of this thing is more than five times my strength. But in the end, all the video sites with dad’s money were all hit by us. We’re second, Youku