Global Monopoly of Technology

At around 7:00 am on August 21, 2004, the domestic version of Bluestar Video and the international version of Bluestar Video were launched simultaneously, which means that Bluestar Technology officially entered the video business field with streaming media technology.

This is the company's most important new product in the second half of the year.

In the video business, the domestic streaming video business is run by Zhou Jin as the top person in charge. This is a returnee who graduated from Johns Hopkins University and INSEAD.

Zhou Jin is now 30 years old. In May of this year, he joined Bluestar Technology, and then entered the development of the Bluestar video project. He was hired as a P6 senior engineer, and was promoted to senior product in July. Manager, the managerial rank of Bluestar Technology Company is M3.

P and M represent the division of the company's management level. According to the HR internal level of the HR department, the P sequence belongs to technical positions, with the lowest P1 level reserved for low-end positions to the highest P10 level researchers; the M sequence belongs to management positions, with the lowest M1 level. Director to the highest M5 Senior Director.

The corresponding levels of the two sequences, the M1 supervisor corresponds to the P6 level, and Zhou Jin is now the M3 senior manager, corresponding to the P8 level, enjoying the treatment of the P8 level employees, and reaching the P8 level means that he has obtained the option pool. But the final allotment depends on performance.

Luo Sheng personally promoted him to be in charge of Bluestar's video business. Although he was a P8-level employee M3 senior manager, he actually became the person in charge of this project, without the name of the director and the reality of the director.

It is equivalent to sitting at the P8 level and looking at the P9 level, and then one level up to the P9 level to be regarded as a senior executive of Bluestar Technology.

The international version of BluestarVideo has Chad Hurley as the project leader. Chen Shijun is not suitable for the management position, he is more suitable for the technical position, Luo Sheng arranges to be responsible for the technical section of BluestarVideo, the corresponding level is P9 senior experts, the treatment is also natural Audited at P9 level.

In fact, before Bluestar Technology entered the streaming media video business, there were already dozens of other video sharing websites in the market, all of which were competitors.

In Luo Sheng's eyes, there is no one who can play, he only values ​​Netflix.

However, while despising the enemy strategically, we still have to pay attention to the enemy tactically. With so many competitors, it is very important in marketing.

In this era, Netflix means selling DVDs through e-mail. The concept of video is basically equivalent to TV, while the Internet is simply text and pictures. Point, the limitation of vision is one aspect, and the limitation of technology is also an important aspect. The current broadband network speed limits the development of online video.

Luo Sheng can confidently launch video services in this era, one is forward-looking thinking, and the other is the superiority of technology.

The development of the video project led by him has produced 23 core patents related to streaming media technology. He is very confident in streaming media technology. Bluestar Technology is currently at least three to five years ahead of the industry.

...

"Come in."

Bluestar Technology Corporation, CEO's Office.

Luo Sheng didn't raise his head when he heard the knock on the door, he was immersed in the affairs of Bluestar Technology Company, and after looking around for about half an hour, he had to go to the next door to the blue coast laboratory.

After a while, after the office door was opened, Luo Sheng heard the peculiar sound that high-heeled shoes can only make, and couldn't help but look up.

I saw Irene, who was dressed in black and white and an OL, walked in, holding a thick document.

"This is the company's financial expenses." Irene threw the document on Luo Sheng's desk, then looked at him and added: "The company's book funds are about to bottom out.

By October, we may not be able to pay wages, and by November, we will not even have the money to pay for the internet. "

Hearing this, Luo Sheng was stunned for a while, and said, "After raising about 2.7 billion yuan, you are out of money again?"

Glancing at the documents on the desktop, he picked them up and looked at them, basically a stack of thick bills.

Irene wrapped her arms around her in front of her, gave him an angry look, and said, "When you spend money, you are very cool and generous, a copyright cooperation cost more than 1.6 billion budget, and the remaining more than 1 billion points are maintained, In addition, Yunge Search currently has a little advertising revenue, and even if you don’t look at the company’s major projects, now just a month’s network fee is an astronomical expense.”

The so-called "Internet fee" is of course not the fee paid only by the Internet cafe, but the cost of the Internet company's server broadband.

Luo Sheng immediately glanced at the company's financial expenditure list.

Since July, the company has paid about RMB 53 million in salary to employees every month. The company currently has more than 2,500 employees, including about 2,000 mainland employees, who are paid a monthly salary of 32 million yuan per month. More than 500 overseas employees have to pay nearly 20 million yuan per month in wages.

The cost of overseas employees is very high. The annual salary of a computer software engineer in Silicon Valley is 71,600 US dollars, and the average annual salary of more than 500 employees of the company is about 57,000 US dollars.

The company's labor costs now cost a total of more than 50 million yuan a month.

This is not the big part of operating expenses, the real big part is the "network fee". The current broadband cost paid by Bluestar Technology to the operator is a bit scary. It may be the company with the highest broadband cost among domestic Internet companies so far. One, maybe not even one.

Because Luo Sheng is very persistent in the Internet speed, which determines the user experience.

Speed ​​is undoubtedly an important factor in determining the user experience of a website, and broadband is an important factor in determining the access speed of the host, especially for websites with a large number of visits, the size of the network bandwidth is particularly important.

However, the broadband of Internet companies is still different from that of ordinary people's homes. Internet server broadband is fiber-to-the-home, and the exclusive broadband is directly connected to the server room, and then distributed by the enterprise's own switch.

Bluestar Technology now operates a large number of servers all the time, which requires a large amount of broadband traffic, which requires money to buy broadband from operators.

The Internet products and services currently being operated by the company include the domestic version of [Blue Space], the international version of [BlueSpace], the domestic version of [Bluestar Music], the international version of [MusicSpace], [Cloud Song Search], [], etc. .

Now new projects have been launched, the domestic version of [Bluestar Video] and the international version of [Bluestar Video], as well as the company's official website. As for [Cloud Song Know] and [Cloud Song Post Bar], these are all integrated into the search business section for calculation.

All of these websites are big consumers of Internet fees, and with the continuous development and growth of the website, the number of users has surged, and the expenditure on broadband costs has also risen.

Bluestar Technology’s broadband bills in July have all added up to about ￥159 million. If the subsequent increase in broadband costs is not calculated, it is calculated based on the expenditures in July. Spend 1.9 billion yuan.

At present, among the major products of the company, the broadband expenditure brought by a large number of pictures shared by BlueSpace accounts for about 46.8%, nearly half.

With the launch of the company's streaming media video business, Bluestar Technology's family bucket has added a super foodie who pays more for broadband fees than Blue Space.

To put it simply, the greater the playback volume of a video website, the higher the demand for broadband. The number of viewers of the video website and the amount of bandwidth required will increase by the same multiple, that is, if the number of viewers increases by 10 times, the cost of broadband will also increase by 10 times.

Once the streaming video business becomes popular, it must also become popular, and broadband costs also flow like a flood.

Seeing the dense pile of bills and expenses, Luo Sheng's brain was aching, and he looked at it for a while and asked directly, "The company is currently down for a quarter, no, how much is the monthly operating cost?"

Irene immediately replied: "About 300 million yuan."

Hearing this, Luo Sheng let out a long sigh and asked after a while, "What about the book funds? How much money is left?"

...

(It's Monday again, please recommend tickets and collect~~)