Chapter 376: A Man Who Earns 13 Billion in 20 Months!

After talking with Yu Minhong for a while, the super coffee entered the third floor of Jiangnan Zun.

The person who came was Chen Shijun, a Chinese.

He is a man who never stops tossing.

earned 10 million at the age of 23, but had to quit his job to start a business;

At the age of 26, he founded the world's largest video website;

earned 13 billion at the age of 27, which raised Google's market value by 100 billion;

But at the peak of his career, he was terminally ill!

He is the co-founder of YouTube, Chen Shijun.

It's a Silicon Valley legend. Without YouTube, there would be no new Internet lifestyles such as "video communication", "video social", and "video marketing".

A few days before Xi Ming's rebirth, I saw a news item "Apple poached a former YouTube executive to develop a food live streaming app".

If you pull the founder of YouTube into his own food birdman live broadcast, then the food birdman live broadcast will be more likely to succeed!

Chen Shijun who is now in front of him.

A pair of black-rimmed glasses, a trademark messy hair, he tried hard to speak Chinese, but he couldn't control the English words.

"Hello, Mr. Yu!"

"Hello, Mr. Xu!"

"Hello, Mr. Dong."

"Who is he, Ive never seen him. ”

"Hello, I'm Xi Ming, hello Mr. Chen!"

"Hello, Xi Ming? I still don't know. ”

Dong Mingzhu thought it would be introduced, but Yu Minhong preemptively said: "Xiao Chen, this young man has the style you had back then!

"Damn, worship the shared bicycle, brother, really good, now the shared bicycle is known as one of the new four great inventions of the republic, amazing! More than a year to achieve a market value of more than 10 billion. ”

"Haha, Mr. Chen is more powerful than me, you have really earned 13 billion in more than a year, my company is just a market value, just a virtual one, and your you Tube is sold for real money and 13 billion!"

Xi Ming once knew about Chen Shijun, he was a person who couldn't live without being crazy.

He doesn't look like a computer engineer now, with his hair unkempt, earrings, and pointy shoes. Perhaps he is the most fashionable man in writing programs, completely opposite to the style of Mr. Li Kaifu, I really don't know how they became close friends, and also invested in Innovation Works.

Chen Shijun loved to tinker with computers since he was a child, and wrote the first program in his life in the sixth grade of primary school, and was highly praised for mastering the Basic language and C language in high school. After entering the University of Illinois at Urbana-Champaign (ranked in the top 5 in the nation for computer science), he spent his days in the company of computer enthusiasts, not attending classes during the day, writing programs until four o'clock at night, and indulging in this rhythm.

If things develop step by step, as an excellent programmer, Chen Shijun will enter a large company after graduation and become an excellent backbone.

But at this time, he met a person through an online chat, and after talking to this person, he decided to work in Silicon Valley, and the decision was made in just 15 minutes of online interviews.

In Chen Shijun's own words: "I dropped out of school in the last semester, others dropped out of school to start a business, and my situation at that time was to drop out of school and find employment, just because the job opportunities in Silicon Valley were too tempting." That's how he joined PayPal, which was founded less than a year ago.

With the listing of PayPal on the NASDAQ in February 2002, Chen Shijun became a millionaire and built his circle of friends and put down roots in Silicon Valley.

Five months after PayPal went public, eBay quickly acquired PayPal.

The impact of this change is huge, Chen Shijun has become richer, Bay's corporate culture has made it difficult for Chen Shijun and other old PayPal employees to adapt, engineers have lost their "right to speak", no longer have the passion to actively create, and can only listen to the dispatch of the upper bosses.

After holding back on eBay for 3 years, Chen Shijun finally mustered up the courage to resign. "I really wanted to try my hand at decisiveness, and I was so full of entrepreneurial ideas that I couldn't help but write them all."

In 2005, at the age of 26, he and Chad decided to create YouTube. Originally, they only set up one server, but in response to the increased traffic, the number of servers increased from two, eight to 28, and the monthly bandwidth cost of about NT$600,000 almost overwhelmed him, plus Chen Shijun bought a house in San Francisco to pay the mortgage, and at that time he thought every day: "What should I do?"

Fortunately, Sequoia Ventures, which had invested in Google and Yahoo!, funded $3.5 million and rescued them. After the basic equipment was stabilized, YouTube content was richer, for example, Hong Kong netizens shared the short video "Uncle Bus" on it, which made YouTube famous in the Greater China region. Many netizens have followed suit and used their mobile phones to take pictures of all living beings and upload them.

The power of community has made YouTube explode in popularity, and it quickly beat rivals Google Video and MSN Video, and even Google founder Boole is researching: "What is YouTube popular?"

In 2005, a video of a Swedish mechanic using his mobile phone to shoot the Indian Ocean tsunami became the first video report of the tsunami, beating all television media; The "milk incident" became the hottest topic, and people who missed the live broadcast searched for video footage on the Internet.

20 months later, YouTube has more than 100 million hits per day. In October 2006, YouTube was acquired by the Internet search engine giant Google for $1.65 billion, and Chen Shijun himself was worth more than 100 million yuan, becoming synonymous with "young people" and "Internet upstarts".

"Mr. Chen, I have watched the video on YouTube, it is very exciting, what do you think was the factor that made YouTube successful back then?"

"I think one of the most important factors in YouTube's success is to always think about the user, make it easy for the user to use, allow the video to be uploaded in a variety of formats, and then convert the video to a normal format to play, the page is clean, and there are no pop-up ads to disturb the user. To avoid network congestion, YouTube requires users to upload no more than 100 megabytes of data per video. We were the first to use Flash Video, so we didn't have to worry about what kind of media player you originally installed, we converted all the videos into a normal format. YouTube's pages are clean and easy to navigate. ”

Curious, Xi Ming asked again, "Why do people like to post that kind of personal video on the Internet?"

Chen Shijun said with a smile: "Everyone aspires to be a star, everyone is eager to communicate, share and get feedback. The advent of new media allows people to learn new knowledge, express their opinions, and share their experiences with like-minded people."

"Mr. Chen, within a few days after YouTube was acquired by Google, its valuation exceeded $2 billion, but there is still a big gap compared with today's Facebook, do you regret selling early?"

Don't mention Facebook, I'll regret it!(laughs) But in YouTube's situation at the time, our team agreed to sell the company because everyone was exhausted, and each of us was working more than 100 hours a week, which equates to 14 hours a day, and pursuing a merger was probably the only option we had.

"Why?"

"In fact, we realized at that time that many things could not be done by a small team alone, such as we wanted to make a video service that supports various mobile phones and wireless networks, and we wanted YouTube to be launched in various countries, which required compiling the website into different languages, and then arranging and selecting content according to the preferences of the locals, and the popular videos in each place were different.

What's more, it is true that the fast-growing YouTube is in dire need of powerful data centers, we need more and more bandwidth and servers, and we need the help of large companies. ”

"Mr. Chen, when I was studying, was it true that I saw on the news that you had a brain tumor?"

"It's true, at the height of my YouTube career, I was diagnosed with a brain tumor. At that time, YouTube had already been sold to Google, and it could be said that even politicians such as Obama were campaigning through YouTube. I will never forget that day, July 25, 2007, at an airport in South Carolina, USA, I was about to rush back to Silicon Valley. Previously, the U.S. presidential election was debated on TV through questions from YouTube users, and I hardly slept for three days because of my repeated work. The plane was delayed, and I fell asleep in the departure hall.

When I woke up, I found myself in a hospital bed instead of a plane, and my assistant was waiting next to me. I thought for a moment and asked, "What's wrong with the plane?" "There's nothing wrong with the plane, the problem is that your brain ......" The assistant searched for words. That's when I realized that I had a tumor in my head.

If the plane hadn't been delayed, I would have fainted at an altitude of 10,000 meters, and the consequences might have been unimaginable. For the first time, after losing time and consciousness, I felt fear and fear. Thinking of my countless days and nights of hard work, countless codes, money, all kinds of entanglements and happy moods, may come to naught in an instant. Suddenly, I was disheartened. ”

"Mr. Chen, you have recovered but you have worked harder and started a business, why is this? Shouldn't you rest more when you have a brain tumor?"

"At that time, I had a brain tumor, and I kept thinking, how should I live the next days? Is it crazy to enjoy and squander all my savings? Or is it crazy to work and forget about the cancer? I started a new thinking in life, I stopped smoking, stopped staying up late, changed jobs, got married, had children, and started a new entrepreneurial road. ”

Once, I stood in the middle of the train track and joked to my assistant, "What would happen if the train came at this time?" My assistant was frightened and told me to get off the tracks. I suddenly understood the truth of life, if everything a person has will disappear in an instant, you understand that you should not waste time, you should not be bored, and you should not consume life.

"In order to live a life that is never boring, I choose to keep investing and keep starting new businesses!"