Chapter 26 Response

"Ten million dollars valuation?" In less than a month, Zhou Shi heard their offer. In other words, Zhou Shi's total investment seems to be less than one million dollars, and it seems that the valuation of tens of millions is also very good, and the post bar is actually a variant of the forum.

But Zhou Shi is really not satisfied, with the addition of web2.0, the other party still invests in Time Company, not Tieba. Even if it's just a post bar, she's still very good at adding to search companies like Yahoo. The number of times I connect from Google Yahoo to Tieba every day, and the number of times I connect from Tieba to Yahoo is really countless. Especially after they banned the post bar in Baidu, they quoted within a few days, and the news was not ill-informed.

"That's right, it's a $10 million valuation, and we're going to invest two million. Xiong Xiaoge, who looked like an honest man, said it in his sincere voice.

"I'm sorry, but my minimum assumption is 30 million, I think our differences are too big. Otherwise, our cooperation will be postponed for the time being. Although Zhou Shi was not happy, he still said politely

"Mr. Zhou, we also have a good relationship with Baidu, and we can ease your contradictions. The development of Tieba needs more financial support at this time. ”

"I also know this, but Mr. Xiong's offer is too different from our expectations. I hope there is a buffer time to give each other a chance to calm down" Zhou Shi still did not let go.

Zhou Shi exited the conference room, and Wang Feng quickly suspended the venture capital talks. Watching them walk out of the company gate, the team of dozens of people suddenly fell silent.

The team that has not gone through the crisis is immature, and the post bar has been established until now, although there are some minor problems, such as servers, such as network security, which have not brought much fluctuation to everyone. Only this time, Zhou Shi, the dean of Peking University, valued Baidu, which was valued at about $100 million last year. With the rise in revenue, despite the blow to it with Tieba, it is still close to a valuation of $300 million. Even if you don't talk about valuation, 40% of the new traffic sources are hao123, 30% are Yahoo, 15% are Baidu, and the rest are from Google and other companies.

Zhou Shi held a meeting of all employees to discuss the response to the crisis.

"How about it, I have already explained the specific situation, do you have the confidence to deal with the crisis that has come?" Zhou Shi said about Baidu's blockade of Tieba and the impact it may have on Tieba.

There was silence below

"Mr. Zhou, just for this, why are you so nervous, isn't it just a Baidu? We have been fighting with them for so long, and we have never been afraid of him, and now Baidu Tieba is not working, his mother will come up and spill, and we will still fight back." As soon as He Tiancheng spoke, Zhou Shi really thought that they were dragging on this matter, and looked at Wang Feng, as if there was no arrangement, but it was right to think about it, they were all senior managers of the company.

"Baidu Tieba, whether in terms of user experience or user activity, they are far inferior to us. I have the confidence to suppress Baidu Tieba all the time. Yin Yue also stood up

Then they began to express their positions one by one, saying that they were very confident. Zhou Shi looked at this group of overconfident people, and couldn't believe it. He and Wang Feng were so worried, but they didn't expect that although everyone had some ideas, they were not afraid to compete with Baidu.

After the meeting, Zhou Shi pulled several senior executives of the company and held a small meeting. Specific countermeasures still need to be carefully studied and discussed.

"Mr. Wang, do you know the development?" Wang Feng is not only the chief technology officer, but also the vice president of the company. As a leader in community products, Zhou Shi learned a lot from it. Even if it is a product that does not make money, Zhou Shi has to develop it and provide traffic for himself. When the time comes, post it, Time.com, know that if these three products stand firm, the role of search engines such as Baidu may be much smaller.

"It's almost done"

"Then speed up, even if there are some minor problems, quit first, and then slowly change. ”

"Alright then!"

"Manager Su, what did the lawyer say?" Zhou Shi turned his head and asked Su Yunan. The trademark brand of Tieba has been registered a long time ago, because Zhou Shi is a little weak-hearted, and has not sent a lawyer's letter to Baidu, and the difference in the online time between the two parties is only one month, and Zhou Shi is not willing to offend Baidu. In fact, if he had known that Baidu Tieba would be launched so soon, Zhou Shicai would not have the confidence to compete with Baidu. It's much better to go directly to Douban!

"The lawyer said that there is no problem at all, if the two sides fight a lawsuit, Baidu Tieba will definitely change its name. Su Yunan said with some excitement. Then she took the initiative to explain the issue of trademarks, and the trademark of Tieba undoubtedly belonged to Time Company. Long after the establishment of the company, Zhou Shi found a professional lawyer and registered the trademark Tieba and various categories related to the Internet. As for some other technology patents, there are also a lot, otherwise the company's capital chain would not be so tight.

"It turns out that there is this killer feature, and we are not afraid of Baidu" He Tiancheng shouted happily

"It's certainly not going to be that simple, we don't have legal counsel, and I don't know how long this case will last. Manager You, how long can our funds last?" Zhou Shicai did not believe that Baidu would take the initiative to admit defeat when it saw a lawsuit that was bound to lose. The shamelessness of capital is beyond the imagination of most people, and their first choice is probably the Tieba company that dragged Zhou Shi to death. Or at least let Baidu Tieba establish a dominant position and then admit defeat.

Listening to Yuwei's insistence on the deadline of funds in various situations, Zhou Shi also had a general understanding. Self-hematopoiesis still has to start early. After unifying the ideas and summarizing the importance of taking precautions, Zhou Shi ended the meeting. Finally, Wang Feng was told to start the development of the post bar web game module.

Sticker advertising is also about to start, in addition to general display advertising, but also to cooperate with game companies to do some promotional activities. Strive to make Tieba a game information distribution platform, or you can also directly make page games in the future.

Fortunately, there are many modes of profit for Time.com, such as book shopping guide, consignment sales, movie advertising revenue, movie peripheral product sales, movie ticket sales, and other activities such as concert ticket sales.

All in all, if Time.com and Tieba want to survive, they can still have many sources of income. Except for the current spending a little bigger, breaking even shouldn't be a problem.

On May 17, Zhou Shi closed the crude oil in his securities account at a price of $41.5, making a profit of $1.5 million. After investing $1 million in the company, there is $820,000 left in the account. According to past experience, they are bought bi-monthly and sold in a single month. It's been a few months since the high price of crude oil of $55 in October this year, and hopefully there will be no problems. It's a pity that the company's development requires money, otherwise even if these funds continue to be invested in the crude oil market at the current price, they can buy more than 1,500 orders, and there will be tens of millions of profits when they rise to $55. If this is the case, it is almost certain that Zhou Shi will earn $150 million in advance. It's a pity that at the beginning, seeing that there should be more than ten times the annual income, Zhou Shi was scared half to death, but I didn't expect that after being reborn, it was really not difficult to make money in the financial market.