You call this entrepreneurship?

Chapter 383 What if the opponent commits suicide?
Qin Shaoyan called Zhang Pingyi, Kou Hongfei and others over and held a small meeting.

A big meeting is held for small matters, and a small meeting is held for big matters.

Qin Shaoyan happily announced to everyone that Qvod.com had already started making money, with the annual licensing fees for genuine resources alone amounting to 15 million US dollars.

Everyone was very surprised to hear the good news, especially the executives of Qvod, who cheered and applauded excitedly.

Kou Hongfei even shed tears of excitement. It was not easy.

Qvod finally saw its money return.

As the CEO of Qvod, Kou Hongfei was appointed to the position in a time of crisis and was urgently promoted by President Qin.

His predecessor, Chen Guangxia, was promoted in name only to be demoted in reality. He couldn't stand the difference in treatment and the loss of power, so he resigned, leaving a huge mess on his head.

When Kou Hongfei took over Qvod, he was completely confused.

Who could have thought that Vice President Chen, who had a promising future and was on the rise in his career, suddenly became depressed and committed suicide in the workplace.

He is just a technical programmer, and he is not being modest, he really cannot hold a management position.

At that time, Kou Hongfei tried his best to decline the offer, wanting Mr. Qin to find someone else.

Mr. Qin replied that there was really no one else, so you had to go even if you didn't want to, so just make do with it for now.

As long as the server doesn't crash, there's nothing else to do.

And just like that, Kou Hongfei took office with this inexplicable instruction.

Kou Hongfei has been on edge since the day he was appointed, fearing that he would not be able to manage Qvod properly and would not be able to explain himself if anything went wrong.

He also bought several books on business administration and studied while working.

But it seemed that the book he bought was of no use. He read it several times but still didn't understand it.

Just like that, Qvod grew rapidly, and it seemed that he did nothing, but the company suddenly became prosperous.

The only thing Kou Hongfei did was to keep an eye on the technical staff and carry out the orders given by President Qin to the letter.

Apart from that, he did nothing and did not use any of the business management skills he learned.

Kou Hongfei couldn't understand Mr. Qin's placement PLAY gameplay, but this method was really effective.

Of course, in addition to management, Kou Hongfei is most worried about how Qvod will make a profit.

As we all know, video websites are very expensive, and their monthly costs are much higher than those of ordinary websites.

Kou Hongfei was terrified by the monthly expenditure figures. The monthly cost of Qvod was enough to run ten websites.

What’s even worse is that Qvod doesn’t have a money-making model yet.

For the sake of user experience, Mr. Qin compressed the advertisements as much as possible.

Although there were many advertisers willing to invest money in Kuaibo.com, Kou Hongfei still declined many orders, which made him feel painful.

Although his mind told him that those advertisements were not enough to buy bandwidth, any money he could get was good.

Qvod cannot just burn money without generating any income.

Kou Hongfei sometimes wondered if Mr. Qin was crazy.

Instead of earning money, you just keep spending it. Even though it's investors' money, you can't waste it like this.

If this continued, the investors would be quite dissatisfied. Seeing that the company's funds were decreasing day by day and there was no movement on the next round of financing, Kou Hongfei was so anxious that his mouth was full of bubbles and he became anxious and angry.

A good company should not go bankrupt just because it cannot raise funds.

Other executives in the company who were in the know were also a little panicked. They had finally found an Internet company with great potential and were hoping to get ahead with it.

If there is a problem with the capital chain, where can I find a company with such good benefits in the future?

But no one expected that when everyone was worried about funds, the company suddenly made money.

The money was made from the most unlikely copyright.

Everyone in the company was shocked. What kind of magical operation was this?

How can copyright make so much money?
How did Mr. Qin do it?
"Boss Qin is indeed a business genius. People in the industry say that you are the most knowledgeable about video websites. Your reputation is well-deserved." Kou Hongfei said with emotion, "Boss Qin either doesn't make any investment, or once he does, he has earned 15 million US dollars a year, which is much more profitable than those advertisements."

Other executives echoed and praised President Qin sincerely.

Mr. Qin’s move was indeed brilliant.

Kou Hongfei has calculated that even if all the revenue from rejected advertisements is added up, it is only more than 10 million RMB, which is indeed incomparable to the genuine licensing fee.

What's more, this is only one year's income, and there will be such a sum every year in the future.

If there are two more companies, Qvod will not have to worry about funding at all, as it can maintain the company's normal expenses just by relying on genuine authorization.

When Qin Shaoyan went against the majority's opinion and proposed to vigorously acquire legitimate film and television resources, many people did not understand.

Now everyone understands. If you don’t understand it, it’s because you are too inexperienced. Mr. Qin’s far-sighted strategic vision is truly top-notch in the industry.

Kou Hongfei was completely impressed by Qin Shaoyan. Mr. Qin was indeed the boss who knew the most about video websites in the world. His operating ideas were simply unique.

While other competitors are still in the exploratory and plagiarizing stage, Qvod has already left them far behind.

If nothing unexpected happens, the overall situation of the video industry will be determined and QVOD will no longer have any rivals.

Now Qvod no longer has to worry about any competitors. Those small fish and shrimps are no longer in Kou Hongfei's eyes. The next thing to consider is how to go public.

Qin Shaoyan smiled at his employees' flattery and said calmly, "It's just some trivial things."

"Mr. Kou, do you know that there is a company called Netflix in the United States that rents videotapes and DVDs?"

Kou Hongfei thought for a moment and said, "Yeah, I've heard of it."

Qin Shaoyan said solemnly: "Netflix's website has a feature, that is, they have set up a special recommendation mechanism, which recommends suitable products to users based on their habits on the website."

"I think this recommendation mechanism is very interesting and we should focus on studying it."

“Based on the user’s video viewing habits, we can simulate and predict the user’s behavior and recommend videos they like to the user.”

Kou Hongfei frowned. "This requires an algorithm, which is a bit troublesome."

"It doesn't matter. We'll do it no matter how much trouble it is." Qin Shaoyan said with a smile, "In this way, I will set up a separate company and keep the R&D funds in a separate account, so as not to squeeze out the funds of Qvod.com. You just need to cooperate with them."

"That's no problem." Kou Hongfei said readily, "We fully support it."

Qin Shaoyan thought for a moment and added, "This company will pay a data usage fee to Qvod."

"Hmm?" Kou Hongfei was a little confused. "Boss Qin, why is this?"

"This is to avoid disputes." Qin Shaoyan said meaningfully, "Data is also wealth, and it can be regarded as another way to generate income for Qvod."

Kou Hongfei didn't understand what President Qin meant, but he knew it was right to listen to him.

Whether you understand Mr. Qin’s words or not, you must execute them.

Qin Shaoyan glanced at several senior officials of Qvod.com and said seriously: "Qvod.com has now opened up a new profit model, but this is just the beginning."

"This licensing fee for genuine resources is just a small step in the company's strategy. The challenges we face next are even more severe." "After all, the video website market is still immature and users are not aware of genuine products. What we need to do is to guide users correctly and cultivate their awareness of genuine products and the habit of watching videos."

"At the same time, vigorously promoting legitimate resources will definitely cause hostility and backlash from peers, and even worse, it will incite netizens and users who are unaware of the truth to spread negative comments about Qvod."

"So, the situation we will face in the next stage may be a dangerous battlefield of public opinion."

"Boss Kou, you will have a heavier burden next time."

Kou Hongfei straightened his back, looked at Qin Shaoyan seriously, and waited for his boss's orders.

"First, we need to clean up the customer service department, step up employee training, and set up rules to prevent them from making irresponsible remarks."

Everyone present was a little confused when they heard this. Why didn't President Qin play by the rules?
How did the first fire of the business war spread to the customer service department?

Doesn't make sense?

However, Mr. Qin's ideas have always been wild and imaginative, so it is better to do as he is told.

Qin Shaoyan ignored the surprised and puzzled looks of the crowd and continued to say seriously: "Second, the website will start to clean up pirated resources, especially domestic film and television resources."

“We need to assign a special team to review, screen and compare to ensure nothing is missed.”

Kou Hongfei asked: "What about the resources abroad? Do you want to clean them up together?"

"No need for foreign ones." Qin Shaoyan said casually, "Those are resources we transferred from our friendly partners. They are legal transfers. If there are any copyright disputes, they will be handled by YouTube."

"Oh."

After hearing this, Kou Hongfei had no doubts. President Qin had already bought most of the online copyrights of domestic film and television dramas. The rest were either too old or had low ratings, and some had never been broadcast on TV at all.

They said they needed to clean up, but in fact there was not much.

"Third," Qin Shaoyan said, "The public relations department needs to prepare a plan for dealing with public opinion. Submit a few reports first. I want to review them personally."

"Whatever public opinion emerges next, you must remain silent, do not speak out without authorization, and do not discuss it in private."

"Fourth, the Legal Department must be prepared to deal with possible legal disputes." Qin Shaoyan paused for two seconds and said, "Copyright disputes may not be needed, but more rumors and slander."

"If you encounter malicious slander, you will be warned by a lawyer!"

Kou Hongfei nodded and said, "Boss Qin, there are only two lawyers in the legal department. I'm afraid they can't handle it."

"Should we find some external help?"

"The campus network has a special cooperative law firm. I'll ask Xiao Chen to give you the phone number later." Qin Shaoyan then added, "Yiku.com will also second some people over."

Hey, are you hooking up with Yiku.com again this time?
Kou Hongfei then realized that Yiku.com had been acquired by YouTube and was no longer the same Yiku.com.

Mr. Qin is the former boss of YouTube, and he also has close ties with YouTube's new owner, Microsoft.

Zhang Pingyi was also surprised, "Are we forming a strategic alliance with Yiku.com?"

"I was forced into this." Qin Shaoyan sighed, "It was Davis who asked for it. I couldn't get away from him, so I had to agree to cooperate."

Zhang Pingyi sneered and said nothing.

However, it is a good thing to form an alliance with Yiku.com. Previously, Qvod was an isolated player in the industry and was targeted by the "Anti-Qvod Alliance".

Now with Yiku.com we can share some of the pressure.

And the situation was a little different this time. As soon as Qin Shaoyan mentioned the copyright issue, Zhang Pingyi remembered the last conversation between President Qin and Zhang Chaoyang.

It seems that this time Qin Shaoyan is finally going to take action against his peers, raising the banner of copyright to attack them.

We cannot fight against piracy alone. We need to recruit more allies.

In front there is Sohu Video, and in the back there is Yiku.com.

Tsk tsk, it really is an American company that is so generous. Davis just waved his hand and gave 15 million US dollars.

After Qin Shaoyan assigned tasks to the executives of Kuaibo.com, he let them go.

Zhang Pingyi stood up and wanted to follow him out, but was stopped by Qin Shaoyan.

"Master Zhang, I have a job on hand right now and I need you to do it." Qin Shaoyan said seriously.

"You tell me." Zhang Pingyi answered directly.

"It's from the game company. Go and get a few people out." Qin Shaoyan took out a paper plan and handed it to Zhang Pingyi. "Do it according to the requirements I wrote."

Zhang Pingyi took Qin Shaoyan's plan with great surprise and asked, "Qvod.com is about to go to war, but you don't let me go to help and instead send me to a gaming company. What's this?"

"Qvod.com is a big deal with little impact, so it doesn't need technical support. We mainly rely on public opinion warfare." Qin Shaoyan explained seriously, "The game company is more important, and it is related to the company's strategy for next year."

"Besides, we are not the main force this time. We are just supporting players."

"Huh?" Zhang Pingyi was a little surprised, "So you don't plan to charge."

"What are you rushing for? Fighting against piracy should be done by others, not Qvod." Qin Shaoyan said confidently, "The first bird to stick its head out gets shot, let others take the limelight."

"You accepted 15 million US dollars from Yiku.com, and Davis still relies on you to carry the banner, and now you say you don't want to charge anymore?" Zhang Pingyi said contemptuously.

"That's the copyright fee. Being a thug is not worth that much." Qin Shaoyan waved his hand, "If he gives me 1.5 billion, I can still consider it."

Zhang Pingyi suddenly became serious. "Yiku.com is now owned by Microsoft. YouTube has extended its hand into the domestic market. It will be a strong competitor in the future. You still authorized them to use the genuine resources. Isn't this inviting a wolf into the house?"

"Aren't you worried at all?"

"I have nothing to worry about." Qin Shaoyan smiled nonchalantly, "So what if Yiku.com got the legitimate resources? I'm not bragging, in my eyes they don't even have the qualifications to be a rival."

"Are you a little too arrogant?" Zhang Pingyi frowned and advised, "Davis is not here with good intentions, so you should be careful when trying to get something from a tiger."

"If Yiku.com wants to make a difference in the domestic market, it must first clean up the management team and then hire local talents, then there will be a slight chance." Qin Shaoyan said lightly, "What's more, even if they want to compete with Qvod, they have to get a video website license first."

The video website license refers to the "Information Network Audiovisual Program Transmission License". Currently, only the private enterprise Qvod has obtained it. No other video website has it, let alone Yiku.com, a foreign-funded company.

Zhang Pingyi pondered and was a little surprised, "You mean, the administrative agency will restrict them?"

"It's hard to say." Qin Shaoyan smiled.

"What if there is none? What will you do?" Zhang Pingyi was a little anxious.

There are now many American Internet companies entering the domestic Internet, such as Eachnet acquired by eBay, Google, and Yahoo, and they all seem to be more ferocious than the other.

Zhang Pingyi's worries are not groundless; he is really worried about Yiku.com becoming too big.

Qin Shaoyan once told him that video websites are content output platforms and are related to ideological issues.

Whether it is due to industry competition or simple patriotic sentiment, Yiku.com cannot survive.

Qin Shaoyan said with a relaxed smile, "Don't worry, I have a way to deal with them. It's just Yiku.com."

"Maybe Yiku.com committed suicide because they couldn't bear it anymore."

"Stop talking nonsense. How could a good company commit suicide out of despair?" Zhang Pingyi refused to believe it.

(End of this chapter)