Chapter 478: American Friends Network
Zhou Shi naturally came to Guoke not to brag about his exploits, but to understand the specific operation of the friend network.
"Friends' revenue in 2009 was between 6~700 million US dollars, which should be slightly more than Facebook (historically, Facebook's revenue was 6~700 million, and there should be changes at this time, and the two companies together will not have so much revenue, but it is really unclear how to calculate it, let's do it first), and the loss is about 100 million US dollars. "Lucci
"Very good stats, much better than Yelp. "Shirley, as for Yelp's data, don't say it, it's mainly too lazy to make it up, it's too troublesome.
"Although our competition with Facebook has accelerated this market, it is difficult to grasp the future development, and the efficiency of advertising is not high. "Lucci
"That's my responsibility!" Shirley knows that although she is the CEO, she is really responsible, or her focus is to develop the company's revenue streams.
"It's a vulgar idea that our goal is to build a huge free traffic center, and it's Luki's responsibility to find a way to attract people to stay, expand and maintain our traffic sources, and Shirley's responsibility is to find a way to monetize the traffic. We provide better service to users all over the world, which is the foundation. During this period, we have to compete with Facebook, how to balance profitability and high-quality service, which is a test of everyone's ability to collaborate," Zhou Shi
"Didn't you say that before, isn't the purpose of creating a friend network to connect the whole world and make the world more peaceful?"
"Can we merge with Facebook?" Zhou Shi did not answer directly, but asked Lu Qi.
"Facebook's Zach has a lot of ideas, and even if we merge, it might be difficult to reconcile the cultures between our two businesses. "Lucci
"Culture is not a big problem, and YouTube has not been assimilated by Amazon's culture until now, and it still maintains a high level of development, so don't worry about it. "Shirley
"Do you really want to merge with Facebook?" Lu Qi looked at Zhou Shi in surprise
"No, I just thought that if we merged with Facebook, the dream of connecting the world would soon come true. But our investors are different, who Google and Microsoft choose, who will be the main and who will be the second after the merger, these can't be solved," Zhou Shi
"In the short term, it is not realistic for the two sides to merge, but the one that goes public ahead of schedule has more advantages!" Lu Qi
"Therefore, in order to survive, we have to plan to go public," Zhou Shi
"Going public, is this what we're working on this year?" Shirley
"yes, to make the company's financial position look better, to keep us ahead of the curve in our traditional strengths, and to make our website more attractive. "Zhou Shi
"Is it finally going public?"
"We don't have a choice. "Zhou Shi, just like the domestic focus after the acquisition of Juzhong, similar companies listed in advance always have a greater advantage, Facebook and Friends have great similarities, although the cultural concepts of the two sides are different, but these have little impact on ordinary users.
"Yes, there is not much difference between the revenue, active users, and market size of our two companies this year. "Lucci
Although China, Russian-speaking regions, Japan, South Korea, Southeast Asia and the Middle East are divided into the fifth friend network, but these regions Zhou Shi has chosen strong partners, at least in the recruitment of talents, these partners have helped the friend network a lot, much better than the quality of local talents recruited by Facebook. It is also these local partners that make the cooperation between Guoke mobile phone and local telecom operators much easier, otherwise Guoke would not have the current development.
"Let's not talk about the issue of going public, how can we surpass Facebook? If we keep on an equal footing with him, even if we go public, it won't be of much use, and the gap between us and Facebook will get bigger and bigger. "Lu Qi, theoretically speaking, Facebook's market potential is much larger than that of Friends in the United States.
"Don't stare at how to surpass Facebook, we should think about how to make users more satisfied, brother they provide more services. "Zhou Shi
"What's Simon's idea?" Shirley
"The easiest thing is to borrow, damn Zuckerberg, and copy our timeline function in the past!" Zhou Shi said hatefully, although this feature was originally developed by Facebook, although the friend network was released so long in advance? Anyway, in the eyes of many people, Zuckerberg is Mr. Thief.
"Whoever calls this name is not ours?" Lu Qi is also helpless, in fact, the name and function of the timeline are not owned by Friends.com, which involves several companies at home and abroad, and as a result, this killer feature was abolished all of a sudden, and Lu Qi's statement is actually a bit euphemistic.
Friends are actually very complete now, basically the functions of email, friends have it, including sending attachments, sharing documents, and is also seeking to acquire PS or develop their own office software, to provide users with cloud collaboration, cloud storage, etc., but due to cost problems and technical difficulties, these have not made any progress.
"Either we would develop a Q&A service and invite experts to answer the questions based on the industry involved. At present, the quality of Q&A service on the Internet is generally not high, so we will set up a high-quality Q&A service. Zhou Shi thought about it and pushed Zhihu out, anyway, Zhihu and Quora are not profitable, let these high-quality entrepreneurs engage in entrepreneurship in other directions.
"Q&A service?" Shirley asked, puzzled, does this make sense?
"I'd rather get my knowledge from 1,000 high-quality answers than from an integrated channel. Zhou Shi shamelessly quoted a sentence from the founder of Quor, and did not indicate the source.
"It seems that this Q&A is not an ordinary social life Q&A, but a knowledge-based Q&A service, I understand it this way, right? "Lucci
"That's right, if someone asks me why Friends.com is pursuing the hackers who stole our company, you can tell them what we can say. Or others ask us why we chose MySQL as the company's database software, or what are the tricks of using MYSQL software, as long as it is not a secret or patent of the company, we can say it and tell others about our experience. "Zhou Shi
"That's going to be a lot of demand for users!" said Shirley
"That's right, so we can use an invitation-only system and let the experts who know about the questioner answer the question. "Zhou Shi
"Is this only available on our site?" asked Luqi, who could lose a large portion of Facebook-only users if there were only friends.
"Does it make sense to set up an independent company?" Zhou Shi was a little embarrassed
"We can only use it for friends users in the early stage, and then open Facebook accounts and Google accounts to log in directly. "Shirley
"That's good!" said Lucky
"Well, we can also launch a live streaming service that features celebrity (including influencer) interviews, new product launches, and other special events, and encourages users to interact with the interviewees. What do you think?" Zhou Shi then came up with another idea.
"The live webcast is very good, the last YouTube live broadcast of the Guoke press conference attracted a lot of users to watch, and until now the live video has been clicked more than 10 million times, which is very good. "Shirley
"It's going to add a lot of costs. "Lucci
"There is no money to find local tyrants, and the American friend network is open to financing and preparing for listing. Zhou Shi waved his hand, full of pride!
(End of chapter)