Chapter 104: Changes in Twitter
The Big Bang Theory continues to be a hit, and the third episode has already occupied the first rating in the same period, and James and Zhang Zhao are very happy. One is that the status has been consolidated and the rights have been promoted, and the other is that the American market has been opened up and the company's production team has been trained. What's more, Zhang Zhao's status in the domestic film and television industry has been greatly improved. Being able to star or make guest appearances in American dramas is not something that any Chinese star can do.
Starlight, who is not short of money, directly controlled Tang Ren in the shortest possible time, and then Hu Ge joined the Big Bang Theory, and his hard days followed, and his English level and acting skills still need to be exercised. Also in the United States was Starlight's production team, which included many Tang employees. I have to say that Zhou Shi's imagination is not rich enough, and he does not have the domineering spirit of Zhang Zhao. Immediately improve Starlight's TV drama department, he can better devote himself to movies and animation. This time, I wanted to talk to Zhou Shi about what their animation production department was going to do. The cartoon impressed Zhou Shi not much, and Kung Fu Panda was one of the best, but unfortunately after Zhou Shi said this idea, he was vetoed by James, and he heard that DreamWorks had a similar project. Well, it's good that I didn't say the details, otherwise it would be difficult to explain.
The domestic Xiyangyang and bear infested Zhou Shi didn't want to learn from it.,The main thing is that there's no impression.,In addition to knowing the name.,Who still watches such a naïve animation.。 But this doesn't bother him, and the Despicable Me series is his best prey. Except for the shrinkage ray gun being snatched by a Chinese thief, everything else is roughly the same, but to be honest, even if it remains the same, Zhou Shi can't remember the whole plot. Anyway, cuteness is justice, as long as the single-celled Minions are still there, three cute little girls plus a sensitive, fragile villain as the protagonist, and the rhapsody of stealing the moon to keep the main idea unchanged, and the specific details will naturally be supplemented by others. When Zhou Shi handed over the Minion design draft to Zhang Zhao, James also came over.
"Wow, this little man is so cute," James said exaggeratedly
"What, you have taken a fancy to it?" Zhou Shi
"yes, why don't we work together?" James
"The CW also has a cartoon channel?" Zhou Shi asked curiously
"You're not going to make an animated movie" James
"Even if it is, it has nothing to do with you, you are from the CW TV network, not Paramount, do you have this right?" Zhou Shicai didn't want to be fooled by him, and the Big Bang Theory of life had experienced a lot of turmoil, but fortunately Zhou Shi didn't have to worry about it, otherwise he would really have to turn his face with him.
"Well, I mean, do you need help?"
"You can do this, I only focus on cost and content. Zhou Shi pushed the matter to Zhang Zhao, it's just a cartoon, what is there to cooperate with. And if it works well, it may be a big IP resource, so he is reluctant to share it with others.
Before Zhang Zhao returned to China, Zhou Shi gave him a task, and through Internet searching, Zhou Shi found that the Pleasant Goat animation had been launched at this time, and if Zhang Zhao could buy it, he would buy it, and if he couldn't buy it, forget it. Set up an animation department by yourself and concentrate on doing a good job of Despicable Me.
Originally, Zhou Shi was going to return to China with Zhang Zhao, but Twitter, which thought that it didn't send much money, was still short of money, and Zhou Shi proposed to seize the opportunity of the World Cup to develop well. Add to that the growth of travel search sites, and they're still running out of money. And Twitter has a 7.2% stake in YouTube, and several people don't want to let go now, so they are in a dilemma now, and Zhou Shi doesn't know what to do, it's like three monks have no water to drink. Zhou Shi regretted it now, he knew that he wouldn't let the two of them hold shares in each other.
Although the relationship with Sequoia is relatively good, Zhou Shi still prefers to choose a new partner. For example, IDG and KPCB, which are called Kleiner Perkins Huaying in China.
Founded in 1972, KPCB and Sequoia Capital are known as the twin constellations of the global venture capital community because of their impressive achievements in history. KPCB has invested in and supported 475 start-ups, including AOL, Amazon, Pharmaceuticals, Compaq, Google, Intuit, Juniper Networks, Netscape, Lotus Software, Sun Microsystems, etc. More than 150 companies in KPCB's portfolio have been successfully listed.
Of course, there are many other companies, but KPCB is the most sincere. Or that Zhou Shi's ability and performance won their attention.
In order to put Twitter on the right path, Zhou Shi also organized company meetings one after another to establish the company's culture and values, and emphasized that no matter how strong the ability is, those who do not agree with Twitter's culture and values will be dismissed.
"Our vision is to change the world with 140 characters, to let everyone know a more objective and just world, to maintain the transparency of our information, and to promote truth, goodness and beauty!" Zhou Shi said in an impassioned speech.
"Why promote truth, goodness and beauty? We just need to be objective and fair, and it is not our responsibility. "A foreigner
"I don't want to live in a garbage heap, we have built a house, and we have a property to maintain public health, this is our obligation!" Zhou Shi said viciously, and kicked you again
The KPCB was present at these meetings, and then they had more confidence. Lu He also traveled from Hong Kong to Silicon Valley to participate in this complex venture capital design. It is also necessary to improve the U.S. branch of Galaxy Investment.
The first is to set up a parent company, then to split the Qunar and Twitter that SC Johnson is responsible for, and then put 10 percent of YouTube into the parent company, and YouTube will continue to hold 10 percent of the parent company. In the end, the company holds 100 percent of Qunar and Twitter. Then there is the division of management rights, Zhuang and Dai are in charge of Qunar, and Zhou Shi is in charge of Twitter. Originally, I wanted to carry out further equity division, but unfortunately it was really difficult to deal with, so I had to put it on hold for the time being. Then began formal venture capital negotiations between Twitter and Qunar.
KPCB is more bullish on Twitter, and IDG is more bullish on Qunar. The valuation is also different, Twitter is valued at $100 million, KPCB invests 10 million, and several other venture capitals, IDG, Axel Partners and Galaxy Capital each contribute 2 million, with a total of $16 million in venture capital to obtain 16% of Twitter's shares. Qunar is valued at 30 million US dollars, IDG China mainly invests 6 million, and the other three have a total of 4 million, obtaining 25% of Qunar's shares.
Galaxy Capital received 2% of Twitter shares and 3% Qunar shares for this direct investment.
The $16 million fund is also enough for Twitter to expand into the European market for the time being, and this time Zhou Shi handed over the management of Twitter to Jack Dorsey, although the World Cup is approaching and the time is very tight, Zhou Shi believes that this very outstanding leader in his previous life can put Twitter on the track of rapid development.