My Age of Investment

Two hundred and sixty-five, sitting in the well and watching the sky

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Unsurprisingly, once Google Video was launched, it was unanimously sought after and loved by netizens, and the growth of users was gratifying.

Just like when the Okut social network first launched, the number of users has skyrocketed.

When a reporter came to the oil pipe company about this matter and was about to interview the operation team of the oil pipe.

The oil pipe was interviewed by the media for the first time.

This makes the media reporters who came to interview very happy, because whether it is YouTube or Facebook, they generally do not like to be interviewed and are relatively low-key.

Taking the reporter to the conference room, Xia Jingxing and Alex attended the interview together.

The reporter was a blond young woman in her thirties, with every frown and smile revealing a sense of style, she asked Xia Jingxing with a smile:

"Daren, do you and the YouTube operations team feel any pressure when facing Google Video?"

Xia Jingxing nodded, "Yes, to say that there is no pressure at all is pure self-deception. However, in my opinion, this is a good thing."

The female reporter was a little surprised, she didn't expect Xia Jingxing to be so sincere, and she came up to admit that she was under pressure.

She continued to ask along the topic: "What do you mean by good things?"

Xia Jingxing said lightly, "The good thing is that the online video industry is more prosperous, and there are more and more choices for users.

This forces our video website to improve the website experience and enrich the content..."

The female reporter felt that these words were a bit hypocritical, too high-sounding, and not topical.

She tried to steer the topic in another direction, so she asked: "Google has invested 100 million US dollars in copyrighted content. Does YouTube have any consideration for copyright cooperation, or plan to implement it?"

Xia Jingxing shook his head, "The tonality of the YouTube platform is that users upload original content by themselves. This is the core of our product, and we will not change it."

The female reporter continued to ask reluctantly: "Is it because of the limited size and scale of the current oil pipeline that it cannot support any action on copyright?"

Xia Jingxing shook his head again and again, pretending to be trying to defend himself: "Actually,

We are not short of money. There are already investment institutions in the market that have given us a valuation of 3 billion US dollars.

As long as we want to raise money, we can raise 100 million, 200 million US dollars or even more in the market at any time.

When I say this, you may not believe it.

Let me take Facebook as an example. Facebook is a website purely for ordinary users. People can upload personal information, make friends, and post blogs on the website.

Youtube, we also hope that every user can share their own life through video, and let more people see it, everyone can leave comments and form discussions together..."

The female reporter nodded and continued to ask: "So, the main focus of YouTube is actually original content and social networking?"

Xia Jingxing watched the reporter go on like this, nodded and said, "Yes, YouTube is actually a video social networking, a new type of online social networking that is different from text and pictures."

The female reporter felt that this Silicon Valley entrepreneurial star was too petty, and Google held it high, vowing to bring users a new video viewing experience, and to bring traditional TV to the Internet.

As for youtube, it seems that you just want to stare at your own one-third of an acre of land, and video social networking sounds good, but it is actually a branch of a social networking site, a vassal.

The pattern of this Asian CEO is comparable to that of Larry Page.

The female reporter continued to ask questions, and the more she asked, the more she frowned, because the Asian-American CEO didn't seem at all worried about the challenge of Google Video.

"Google Video completely kills YouTube? I don't think it's possible."

Xia Jingxing said confidently: "Just like a TV station, no matter how well a TV station does, and no matter how high its ratings are, there is still room for other TV stations to survive.

This is because the audience is different, and the tastes of the audience are different.

The same is true in the field of online video.

It is impossible for a company to monopolize the entire industry, and there must be room for other companies in the same industry. "

The female reporter frowned and said, "But there are good and bad TV stations, and good TV stations can cover the vast majority of audiences in the United States.

And some local TV stations can only have a certain market in the local area.

And the strong stay strong, and the weak stay weak.

Viewer subscribers, good presenters, and producers will all focus on developing better stations. "

Xia Jingxing nodded, "Yes, this is what we need to do next, identify our own characteristics, and insist on them to win over our audience."

The female reporter was a little disappointed, she looked at Alex again, and began to ask the chief content officer of the YouTube.

Alex had already received Xia Jingxing's advice in advance, so he naturally followed the same pace with the boss, and talked about original content and the characteristics of video social networking.

"Youtube's video quality is low, and it may become the Achilles' heel of the platform?"

Alex shook his head again and again, "I don't agree with this point of view, but I admit that the video quality of YouTube is indeed not high.

Our feature is that the video content is rich enough, many bloggers talk about their own lives, or shoot videos of traveling around the world...

This information, for many ordinary users, is not necessarily particularly valuable, but it is very interesting. "

Female reporters always feel that the two executives of YouTube are a little secretive and not frank enough.

At first, she felt that Xia Jingxing was a little frank, but now her mind has changed.

Even if you don’t pay attention to the competition of Google Video, you still insist that YouTube has its own characteristics.

This gave her the illusion that a beggar looked down on billionaire mansions and instead boasted about the benefits of his "ghetto".

What's the benefit? No one likes it, no one comes to steal or rob.

The female reporter hurriedly ended the interview and left.

After the people left, Alex smiled and asked the boss, "Daren, what do you think the outside world will think of us after our interview report is released?"

Xia Jingxing popped out an English-translated idiom: "Sit in the well and watch the sky!"

Alex's eyes lit up, "This sentence is too vivid."

After laughing, Alex had a concern, and he asked: "Daren, in the eyes of most people, Google Video has chosen a much brighter direction than YouTube. Are we really not doing some preparation? ?"

"What to prepare?"

Xia Jingxing understood Alex's concern, in fact, everyone around him had this concern except himself.

Alex said lightly: "For example, to buy some copyrights, you don't need too much, it's enough for young people to like it."

"Can you beat Google for money?"

Xia Jingxing shrugged and said, "Even if we start large-scale financing now, our strength is far behind Google's.

Rather than jumping into a field where we don't have the upper hand, it's better to stick to the position where we've been digging trenches and building fortifications. "

Alex nodded, "That's right, but there is no doubt that the upper limit of the direction Google chose is much higher than ours."

"That's not necessarily, maybe it's evenly matched, or even we're better."

Alex didn't know how to answer this, but the boss said it all, and he didn't refute it.

Nodding, "Okay, then let's do a good job in the current market and launch the first million video blogger contest."

Xia Jingxing smiled and said, "Let's go to work first, if you can't beat it, naturally you have to beat it before you know."

…………

…………

The media reports of interviews with Xia Jingxing and Alex came out quickly.

Although the female reporter felt that YouTube was a little petty and the layout was not big, she did not add fuel to the story, or cut out interviews and reports.

Nonetheless, through interviews and reports, a sense of pity and sympathy can be read out of "indignant and unhappy".

"I have always heard that the CEO of Facebook and YouTube, Darren, is a very creative and decisive young entrepreneur.

When I met each other, I realized that they were indeed very young. Because Asians are generally younger, he looks like an eighteen-year-old.

Darren is very optimistic about the competition with Google Video, and believes that it can stimulate the prosperity of the industry...

When I asked if YouTube would do some copyright purchases, Darren said firmly that he would not...

The video social concept he proposed sounds very good, but it still revolves around "social" services, which is more social than video.

The author believes that online video is an emerging industry that is not weaker than the social field.

Darren's view, of course, has brought a lot of fun to Facebook's social media, but does it underestimate the potential of video?

In the fierce business competition, a wrong decision may cause irreparable losses.

Let's wait and see, what kind of direction the video battle will develop! "

...

Because this report was Xia Jingxing's first response to the competition from Google Video, the topic was very high. It was not only reprinted by major media, but also circulated on the Internet, and was read, browsed and commented on by many people.

The mainstream business elites in Silicon Valley scoffed at Xia Jingxing's remarks.

In their view, Google Video has just been born, and it is when the foundation is not stable. If YouTube does not take this opportunity to thwart Google's conspiracy, sooner or later, it will taste bitter fruit.

Ordinary users are fine, they have little to do with them, and they just watch the fun.

At the same time, many people applauded YouTube's persistence, believing that they insist on their own video characteristics, do not follow the trend, and have a personality!

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