Top of the big era

This year's Changyou annual board meeting will be held in New York.

Zhou Buqi asked four female secretaries, Ning Lu, Gu Zanli, Yan Qiqi and Zhang Zetian, to accompany him, and got on the plane and headed straight to the east coast. Because I worked too hard last night, I went to the bedroom and fell asleep as soon as I got on the plane.

When I opened my eyes, the plane was already over New York.

After getting up and walking out of the bedroom, he saw the four female secretaries surrounding the computer, watching carefully without saying a word. That scene... made Zhou Buqi recall the scene on the university campus. That scene... There was always such a scene in the boys' dormitory back then.

A boy took the risk of being poisoned and downloaded a short movie at extremely slow Internet speed. Then all four people in the dormitory gathered around him, and there was silence. They asked him to be as serious as possible.

This scene really looks like it.

"What are you looking at?"

Zhou Buqi didn't believe that these female secretaries would do such an unfashionable thing. If they wanted to see it, Boss Zhou could personally demonstrate it for them in the evening.

Yan Qiqi turned her head and smiled, "Senior, come quickly! Look!"

Zhou Buqi leaned over and asked, "What?"

Yan Qiqi said: "An approval document sent to you by the President's Office."

"What's so strange about this?"

Zhou Buqi is a little strange.

He is the chairman of the board of directors of Ziweixing International and concurrently serves as CEO.

At least dozens of materials must be read and approved every day.

Yan Qiqi said angrily: "This is different, look!"

She gave up a spot.

The computer screen is shown, which is a micro-book document.

In the first column of the proposer's column, it clearly says "Julia Wen".

This turned out to be a document written by Wen Zhixia!

Couldn't it be through the back door?

Look at the review column again...

Ho!

A full eight executives gave instructions and responded with agreement, including Zheng Xiaoli, Thompson, Xu Liangjie, Gary Ward, Alex Jones, Gore Lewis, Lu Qi and other executives. All names are listed.

This is awesome!

You know, Teacher Wen's position is only Zheng Xiaoli's assistant. Her position cannot even reach the middle level, but a report she writes can be communicated upward until it is approved by the President's Office and finally reaches the CEO Zhou Zhou. Not here!

It's like playing a game. You have to go all the way to the last level.

Zhou Buqi was also a little excited, so he squeezed over, put his left hand around Mai Feixue's waist, and his right hand passed under her thigh, and hugged her. Then he sat in her seat and asked her to sit on his lap, "What kind of document is this?"

Ning Lu said: "A proposal for acquisition."

"Acquisition?"

"Well, an educational product."

"oh!"

Zhou Buqi then remembered that Teacher Wen told him three days ago.

She has been paying attention to the online education market.

I wrote a report and submitted it.

Zhou Buqi didn't pay much attention at the time.

After all, she is a foreigner and doesn’t know much about the United States. What insights can she have into such a new business? Unexpectedly, her report was submitted step by step according to the process. It seems that Teacher Wen has really made progress.

Zhou Buqi's English level, that is, daily communication, is much worse than that of Ning Lu, Gu Zanli, Zhang Zetian and other majors.

Especially when looking at English articles, the gap is even greater.

If he reads Chinese, he can read ten lines at a glance.

Quick and efficient.

It’s not good for those who read English. The speed is slow and you don’t speak. You have to read carefully to understand the meaning of each word.

Ning Lu knew that his level was not very good, so she directly pointed out the key points for him, "Teacher Wen said that he wanted to acquire a website... Well, this is it, Lynda.com. This is an old website, it has been established for 18 years. In It’s quite famous in the industry.”

Zhou Buqi had never heard of it, "Which direction?"

Ning Lu controlled the mouse and showed him the content of the article while saying: "Here... you see, this is an educational resource website, mainly sharing some programming, software, business, technology and creative skills. Educational videos. As mentioned here, the videos are mainly from experts, professionals and experienced teachers in the industry. There are now more than 2,400 hours of video content, and 90% of the content is produced and uploaded by Lynda.”

Zhou Buqi was a little surprised, "Such a large amount..."

Ning Lu said: "It's been a long time. This website was founded in 1995. It has accumulated a lot over the years. It now has more than 700,000 users."

Zhang Zetian said with a smile: "I used the network disk to download a lot of learning materials in China, including many courses on technology and business. I just discovered that the source of pirated educational resources in China is actually from here."

Zhou Buqi was not very satisfied, "Only 700,000 users? What happened?"

Zhang Zetian said quickly: "It's different. We just logged in. This is a paid website. Users need to pay $25 per month to watch these educational videos."

Zhou Buqi was surprised: "All users are paying users?"

Ning Lu said: "Well, there are no free users. This is because this company has not raised funds in more than ten years and is self-reliant. It was not until last year that it finally conducted its first round of financing and received a US$100 million venture capital investment capital.”

After saying this, Zhou Buqi understood.

This is a traditional model website.

The operating costs of this kind of video website are too high. Once there are too many users, the server and broadband will be overwhelmed, causing the website to crash. In the early years, many video websites died because they had too many users and could not survive.

The payment model can very well limit this situation. Only by paying can you watch, which will inevitably lead to very few users, making it easier to operate, and the website overhead will be greatly reduced. Coupled with the income from paying users, the website can survive well without external financing.

This type of model is actually more common on some high-quality adult video websites.

You need to pay to watch.

For the website, this can not only earn a fee, but also reduce the pressure on the server and broadband caused by the influx of a large number of free users to watch. With the advent of cloud computing services, it is easier to operate such a website.

Ziweiyun is the largest cloud service provider in this market.

In most developed countries, these types of websites are aboveboard and legal, and they can run businesses openly and without any need to cover up.

Because the DVD market is now in decline, the adult industry is in decline.

Many companies have gone bankrupt and can no longer sell films.

Those outstanding actresses no longer sign contracts with companies, and they all work alone on the Internet... Those who are business-minded can use Ziweiyun's services to build a small website by themselves, and then Take videos and upload them yourself, and then use social platforms such as Twitter, Facebook, Helo, and Ucgram to attract traffic to your personal website.

Because it is a paid website, the operating costs are very low, allowing them to be self-reliant and have a freer career.

Many popular independent newcomers are increasingly adopting this small but beautiful model.

You can easily make hundreds of thousands of dollars in a year.

If she makes a few popular short videos that make her popular, her annual income can even reach tens of millions of dollars, which is more than many female stars in Hollywood earn. Backed by the Internet with cloud services, the new generation of adult actresses have income and freedom that their predecessors could never imagine.

Under the guidance of Boss Zhou, Ziweiyun also firmly stepped on such a track and won the video content market. Don’t underestimate this market. There are tens of thousands of similar websites in this market, and the total traffic is not much worse than YouTube.

Each user pays Ziweiyun a service fee of US$1,000-5,000 per month. Ziweiyun can also rely on this sector to earn hundreds of millions of US dollars per year.

I can only say thank you to the ladies in Europe, America, Korea and Japan for your hard work and making a lot of money for Boss Zhou.

Zhou Buqi saw this educational website called Lynda and immediately focused on this market.

Um!

There must be many paid education websites like Lynda in the United States.

Ziweixing International cannot monopolize the online education market. This field is destined to flourish. However, the logic of this industry is similar to that of the adult industry. We should find a way to bring all video websites in the education industry to Ziweiyun's platform!

Mai Feixue sat in the big boss's arms, feeling giddy and happy, and wanting to express herself. She pointed at the computer screen and said, "Boss, look, there is data here. Lynda's current users are 700,000 , but some users will not continue to pay. There are currently about 400,000 paying users, and the monthly subscription fee is US$25, which is equivalent to the website’s monthly subscription revenue of US$10 million, which is one year. More than 100 million US dollars!”

Zhou Buqi nodded, "Well, this is the secret of this small and beautiful paid website. It has very few users and a strong ability to generate income. Many girls who run personal websites drive Ferraris and Lamborghinis I want to travel around the mountains and rivers as much as possible.”

"What little girl?" Mai Feixue was slightly stunned, not understanding, "Boss, have you fallen in love with another little girl?"

Zhou Buqi quickly said: "How is it possible? I have never seen it!"

Then he quickly changed the topic and said seriously: "This educational website Lynda is indeed niche enough, with only more than 400,000 users. However, Teacher Wen has a very unique vision. This is actually an unexploited gold mine. Once it is operational, There is absolutely a chance to create greater value!”

Zhang Zetian said softly: "Well, how can we rely on the paid model? It's not Netflix. I think Lynda should be fully opened to free users to earn some advertising fees. Then, open a premium channel. Only premium channels can Only for educational courses do users need to subscribe. If it is purely paid, the traffic will be too low, and it will be difficult to expand the online education business.”

Zhou Buqi smiled and said, "There is progress."

Zhang Zetian was very happy and said cheerfully: "Am I right?"

Zhou Buqi said: "Well, you're right!"

"Do you want to approve Teacher Wen's proposal?"

"allow!"