In the end, Shen Nanpeng and Zhou Shi parted a little unhappily, but in fact, Zhou Shi was actually very restrained at this time. Thinking of Ctrip, which this guy invested in, Zhou Shi was on fire. Such a monopolistic enterprise has done too many disgusting things. It's a pity that Zhou Shi fooled Johnson Chao to the US imperialism and started the process of starting a Twitter business. Although I don't know what the final result will be, Zhou Shi doesn't feel very good, assuming that Twitter develops, will the US imperialists use national security as an excuse to expel Zhou Shi and Johnson from Twitter's board of directors.

In his thoughts, Zhou Shi naturally thought of Priceline, a giant in the overseas OTA market, which has a market value of nearly $100 billion more than a decade later. When I opened the trading software, I saw that the market value of less than one billion US dollars and the upside of 100 times Ah, Zhou Shi did not restrain his greed, or more uncertainty about the future of Tengxun. Zhou Shi snatched the two major profitable games of Tengxun in the future, what if Tengxun collapsed halfway?

Zhou Shi thought of raising money here, selling Tengxun shares at the same time, and at the same time contacting the brokerage to buy Priceline shares. The reason why Zhou Shi is familiar with this stock is also because another wealth idol, Hong Kong's Li Jiacheng, who withdrew from Priceline early in 2006 and his son Li Zekai's early exit from Tengxun are known as the two major investment failures. Now Priceline is more than 38% owned by Lee Kar-shing, and I don't know why they gave up.

Zhou Shi sold and bought Priceline shares in this way, and was busy until the beginning of November, when Priceline's stock price suddenly skyrocketed. From $19.5 the day before, to $23.4 at the opening of the next day. The inexplicable Zhou Shi was taken aback, could it be that his frenzied rush to buy caused an unpredictable turmoil? But Zhou Shi didn't care, at this time he had already bought 600,000 shares of Priceline stock, and the average transaction price was less than $19.5. After careful calculation, it turned out that he had already bought 1.2% of Priceline's shares. Fortunately, on the day Shen Nanpeng came, Priceline's stock price began to plummet, from a high of 20.6 to a low of 18.2. Zhou Shi bought more and more as he fell, and with the brokerage matchmaking, he bought so much, with a total cost of less than $12 million, which is really not much. Half of the shares were sold, and in the end there was $500,000 left short of financing. Naturally, the excess margin of London copper futures will be repaid, but in fact, it is nothing if it is not repaid for the time being, and the financing cost of US imperialism is really not high.

Still didn't wait for Shen Nanpeng to come over, and Friends officially launched value-added services. Zhou Shi rushed to the United States, and after a period of investigation, Sequoia officially invested in YouTube. Whether it is due diligence or negotiation, Zhou Shi's participation is required. YouTube now has advertisers running advertising videos, but it's not in-roll ads yet. Zhou Shi also took this time to let Liu Yiyang, who is good at makeup and conforms to Western aesthetics, record a lot of short videos. When investors come, you must give him some room for imagination, and the Internet celebrity model is about to make its debut. As for the bidding ranking, we still have to wait, and it will take time for intelligent recommendations, but these are all selling points. At least this entrepreneurial team has a sound business idea, and the profit is not so hopeless.

Back to the United States, Zhou Shi found out that the video industry burned money really fast, millions of dollars were about to burn out, and if there was no financing, YouTube would still collapse. It's a pity that Sequoia doesn't have much room to lower prices, and with Zhou Shi's participation, there is no problem with short-term financial support, but Zhou Shi also knows that with his financial resources, he will definitely not be able to support YouTube's development and growth. This is not a matter of tens of millions, at least hundreds of millions, and there is also a copyright crisis, Zhou Shi has no way to save YouTube from legal troubles, and the laws of the United States imperialism can even exempt Zhou Libo from prosecution if he holds a gun and hides gambling, and vice versa. Therefore, selling to Google according to history is the best option, and there is a lot to think about.

The video uploaded by Zhou Shi was naturally recommended by the website quietly, and the video of teaching girls to make up is not only loved by girls, but there are still many male audiences. The more you care, during Sequoia's due diligence, an influencer is created in this way. Naturally, the next step was to cooperate with advertisers, such as implanting makeup brands, and the imagination of YouTube was instantly opened.

With a valuation of $150 million and 10% of the financing, team members such as Zhou Shi and Cheng Shijun have no concessions, if it weren't for the fact that the video site needs too much money, they would have a higher asking price, and YouTube, which has a profit model, is naturally not comparable to a video site without a clear development route. However, in two months, Zhou Shi was valued at less than 10 million when he bought the shares, and such a price naturally caused Sequoia's dissatisfaction. But what does it matter, there will definitely be disputes if there are interests. The value of YouTube is not only the current user scale, but also the imaginative business model and the team's ability to promote and operate.

Seeing the rapid growth of YouTube's users and the shortage of funds, Zhou Shi put forward an ultimatum, and if they did not agree, they would raise funds on their own and the negotiations would be suspended. This time, Sequoia's Moritz personally stepped out, and in the face of such an old and spicy opponent, Zhou Shi was obviously not an opponent. After Moritz proposed 50 million US dollars, 25% equity, Cheng Shijun and others agreed, and Zhou Shi agreed.

Everyone's imagination of YouTube is different, Zhou Shi knows the situation in his previous life, and in another year, Google will buy YouTube for $1.6 billion. But now it is not necessarily, after Zhou Shi became the main Tubing, the development of Tubing has been significantly more stable. The number one position in the US market was established by them early, and they have not yet seen the footsteps of the chase. In particular, the valuation of YouTube is now at a much premium, although there are performance requirements, but no matter how low the performance is, it will pay five percent more shares. Zhou Shi really couldn't find enough reason to refuse. Ginger is still old and spicy, and once you see the trend of success, you will immediately take action.

The first funds arrived quickly, and the development of YouTube did not come to a standstill due to funding, and with the help of Sequoia, Zhou Shi began the regularization of the operation of YouTube, including experienced CFO, COO, and legal affairs department. All kinds of technical talents are the first step to be satisfied, Silicon Valley's talent pool is much better than Zhongguancun, Zhou Shi's website improvement suggestions, in Zhongguancun generally takes a few days, here may only be one day.

While accumulating strength, improving the company's organization and management system, and stabilizing the development trend of YouTube, Zhou Shi did not rush to plan this overseas branch and began to seek cooperation with the four major TV networks. However, there was no positive response, it was still the UPN TV network, and I don't know if it was a return to the light, and the declining TV network began the road of self-redemption. Before they reached an agreement with Starlight Culture, they began to prepare for the talent show. The market warm-up is now underway, with a premiere before Christmas, and YouTube is clearly the best partner.

The cooperation between YouTube and UPN was soon agreed, and the American Got Talent will be launched in the YouTube UPN TV network area, and YouTube will also become the only video website partner of the Got Talent.