Chapter 187: Divergence Begins
Under the entanglement of Galaxy Capital, Lehman Brothers still couldn't stand it and spit out part of the profits. Friendster was eventually acquired by Galaxy Capital for $70 million. Time Friends secretly accepted and tried every means to integrate him into the friend network, but unfortunately the company's previous operation was too bad, which added a lot of difficulties to the friend network at this time, and Zhou Shi's delay in announcing the acquisition news and delaying the release of the product also caused dissatisfaction among Lu Qi and others. Zhou Shi had no choice but to rush here to extinguish the fire.
"Xirui, you're also there!" Zhou Shi came to the friend network and actually saw Wang Xirui, who was too busy for a period of time and rarely had time to accompany her. It's been many days since we've talked about our life ideals together.
"Well, I've got something over here. "Wang Xirui
"What's the matter?"
"I joined the Stanford Artificial Intelligence Lab and Vision Lab, and in Li Feifei's ImageNet project team, we had a lot of data to annotate, and the work was very complicated, so I thought of the crowdsourcing service of Friends.com. "Wang Xirui
"Li Feifei?" Zhou Shi sounded familiar. (In reality, Li Feifei seems to have started the project at Princeton University.) )
"She's very good, and this project is very meaningful, and we want to depict the whole world in detail. "Wang Xirui
"yes, it makes a lot of sense. In order for image recognition to cover every entry in the dictionary, at least 1 billion or more images need to be labeled, which is how bold it takes for a character to dare to imagine. Luci also walked over.
"So they found a network of friends?" Zhou Shi
"Well, many of us have started to use Friends.com, and the open platform of Friends.com has many interesting tools, which greatly facilitates our study and work. "Wang Xirui
"Your recommendation is indispensable here, right?" Zhou Shi
"Hmm!" Wang Xirui lowered his head shyly.
"Does their project make sense?" Zhou Shi actually remembered who Li Feifei was at this time, in his previous life, Google invited her and her protégé Li Jiayi, and made the former the chief scientist of Google Cloud and Google's AI goddess.
"Of course, it makes sense, such a database has a great role in promoting deep learning. "Lucci
"Then let's sponsor them. "Zhou Shi
"It's good, but the friend network is also short of money now. "Lucci
"It's okay, I'll let Time Labs pay for it. Zhou Shi thought that Time Lab is basically a place where costs are incurred now, and it is not much of a burden to have an additional ImageNet project. Moreover, most of these funds have also been used on the crowdsourcing platform of Friends.com, which has a considerable role in promoting Friends.com. In its previous life, the ImageNet project became the largest employer of Amazon's crowdsourcing platform for a long time, with tens of thousands of people in more than 160 countries participating in the project. With this change, Zhou Shi believes that the crowdsourcing platform of Friends.com will replace Amazon's Turkish robot and become the world's leading crowdsourcing platform. This platform may not be relevant now but in the future, and it will be one of the biggest ways to communicate between the virtual and the real.
After being tired of Wang Xirui for a while, Zhou Shi still entered the conference room, excused himself and announced the acquisition of Friendster and the launch of social games, naturally in order not to put too much pressure on Zuckerberg, so he quit Facebook by the way and sold it at a good price. Their biggest rival now is MySpace, and News Corp. failed to buy YouTube, and in a fit of rage, they increased their investment in her. Although it may not have a good effect, it still has to be guarded against. Besides, Zhou Shi didn't dare to knock Zuckerberg down, if he monopolized the social networks in the United States, the devil knows what problems would arise. After all, the United States is the biggest hegemon in the world, and even if the mainland government wants to protect Zhou Shi's enterprises, it will be beyond its strength. Fortunately, there was some progress in learning during this time, and I knew that the management of the friend network was not perfect enough, so I took the opportunity to rectify and let the company's corporate culture and values be bound by rules and regulations. The values of the enterprise are not shouted out, but made by various rules and regulations. If you do not lay a good foundation in the development stage of the enterprise and strengthen the company's execution, then in the face of the company's rapid development, a lot of opportunities will be wasted. Until now, Friends Network has not even reached the level of the peak at the end of last year, which is the problem of the company's execution. The rights of the growth team have not been released and have not played their due role. Zhou Shi's words to the point made Lu Qi very ashamed. As a technical expert, it is right to want to do management, but his initial ability is limited after all, and human growth also requires a process. Compared to the geniuses in India, who generally study MBA courses, these Chinese engineers still lack this training. The fact that Chinese executives at Silicon Valley high-tech companies are not as good as those of Indian origin may also be due to the lack of necessary training.
"In short, improving the company's management, improving the company's execution, and maintaining the company's values are our first choice. Zhou Shi finally concluded.
"Bang Bang!!" remembered the warm applause in the small conference room, which now has more than half of the foreign executives. The publicity of the media and Zhou Shi's wealth made him more convincing.
Gideon made his way into Facebook, and Microsoft quickly took the bait. Maybe it's looking for an American post-80s generation who can compete with Zhou Shi, or maybe it's because of the failure of YouTube that Microsoft has a high degree of enthusiasm. Among the top three social networks, the strongest is MySpace, the most potential is Facebook, friends for various reasons still only about 20 million users in the United States, Europe, the United States and English-speaking overseas users combined are only more than 50 million, basically only the same as Facebook users in the United States, such a speed of development naturally can not satisfy investors. Zhou Shi also neglected the development of the friend network for a long time because of the YouTube incident. So Friends.com is now the weakest of the top three social networking sites. In Microsoft's view, in the field of social networking sites, Zhou Shi is no match for Facebook's Zuckerberg.
While waiting for the matter of Microsoft and Facebook to ferment, Zhou Shi is improving YouTube's membership system, and Bezos wants to integrate YouTube's membership system into Amazon's membership system to enhance their attractiveness. But Zhou Shi thinks that this is not a very good choice, if so, YouTube will lose its independence, and it has just begun, the specific cooperation plan has not been done, and the major film and television groups do not know how strong they are, and they should not be bound to Amazon's membership system so soon.
But an entrepreneur like Bezos is obviously very strong. At the beginning of the cooperation, there was a lot of disagreement between the two sides, and Zhou Shi had to take a step back, and Amazon members could watch YouTube's ad-free videos without ads. YouTube's membership will also be divided into several levels, with ad-free and membership content plus premium videos, etc. In addition to these, Zhou Shi also launched a video shopping guide sharing program, Internet celebrities promote certain products, they can choose to charge advertising fees or get a certain percentage of sales shares, which can be regarded as temporarily resolving the contradictions between each other.
Thanks to the Yang family general and Xiaocao's pride for voting for the monthly ticket. Thank you so much for your support!
(End of chapter)