Chapter 221 [Performance VAM Agreement]

Tranquility in the living room of the villa.

I saw Hou Junda nodding and saying: "Indeed, Hummingbird Video is a copy of the P2P model of Kuaibo, because the operating cost of the website will be much lower." ”

Fang Hongerlang cocked his legs, poured out a breath, and said slowly: "When from a technical level, P2P video technology is a breakthrough in the field of video playback, Kuaibo is just an individual in the field of technology, and there is reason to believe that P2P technology will not decline easily, but ......"

When he said this, Fang Hong changed his words, looked at Hou Junda and added, "Have you thought about such a few questions?" ”

Hou Junda said humbly: "Please advise!" ”

When he came, his friend Qin Feng said that Fang Hong is not an ordinary investor, and his views on the Internet industry are among the few in the entire industry, and he is not an investor who does not move technology.

Fang Hong raised a finger and said: "First, video transmission is the core technology of video websites, and any far-sighted video website will not hand over the core technology to other companies. ”

Then Fang Hong raised a second finger and said: "Second, the mode of fast broadcasting cannot disseminate content through a single channel. If you put your original program on Kuaibo, then as long as you use other websites of Kuaibo, you can theoretically play your program simultaneously. ”

Fang Hong raised a third finger and said: "Third, the online playback provided by video websites without plug-ins is the future trend, and the prerequisite for using fast broadcasting is to install browser plug-ins, which is unacceptable for most users, so that the installation rate is reduced to at least 50% or less, even if the installation rate of other browser plug-ins is not high." ”

Speaking of this, Fang Hong put his hand down and continued: "Finally, the momentum of Kuaibo is very strong now, but what does it rely on? I think you know very well in your heart that such a bad impression is ingrained, which directly affects the website image and advertising revenue, and the most important thing is that a bad one will go in and step on the sewing machine. ”

Hou Junda wanted to speak and stopped: "Uh......"

Fang Hong said simply: "The project you did is this, then I won't vote." ”

As soon as these words came out, Hou Junda and Qin Feng were both stunned.

Especially Hou Junda felt very embarrassed, a little happy and sad in his heart, he was almost excited to show it just now, but he didn't expect the turn to come so quickly and so abruptly.

If you don't hold back and show your excitement in advance, you won't be embarrassed at this time.

Qin Feng was speechless, even if he had words at this time, he couldn't be right!

But then Fang Hong said: "Have you paid attention to the news that Qunxing Capital recently spent more than 2 billion yuan to buy more than 90,000 film and television copyrights?" ”

Hearing this, Hou Junda endured embarrassment and nodded: "I have indeed heard of it, according to the news I am concerned about, plus the previous more than 20,000 copyrights, your company has more than 110,000 copyright resources, basically it can be said that at present, whether it is Youku, Tu Teasing, Love Riding These video sites are all infringing, and they are large-scale infringements, not to mention fast broadcasting." ”

The news has come out this Thursday, and Qunxing Capital spent 2.3 billion yuan to buy the online broadcast rights of more than 90,000 film and television dramas, plus the first 20,000 is 110,000 film library resources.

The copyright owner was afraid of the return of Qunxing Capital, so he hurriedly signed the contract and put the money in his pocket.

In fact, both sides are afraid of the other returning.

Now that the dust has settled, Qunxing Capital has begun to make payments, and in the next ten days or so, it will send all the money to the major film and television entertainment manufacturers, and the major entertainment manufacturers are also satisfied that they can get hundreds of millions of cakes.

At this time, Fang Hong looked at Hou Junda and said: "Then let's get to the bottom of it, Qunxing Capital spent more than 300 million yuan to buy 110,000 film library copyright resources, and the outside world thought that the company was hoarding Juqi to sell the price difference in the future, wrong, very wrong, what Qunxing Capital values is in the field of online streaming video, and Yixing Media Group, a subsidiary of Qunxing, is formulating a sub-project, which is Yixing Video. ”

Hearing this, Hou Junda was directly heartbroken, and he had no hope of attracting investment this time.

However, Fang Hong's next words made him feel stunned again, only to see Fang Hong look at Hou Junda and say: "That's it, Yixing Video is now stuck in the planning book, I will directly integrate your team, and let you and your team be responsible for the project of Yixing Video, how about it?" ”

Hou Junda was stunned: "What? Do it for my team? ”

Hearing Fang Hong say that he would directly incorporate their team to make Yixing Video, he was shocked on the spot, Qunxing Capital has now spent more than 3 billion yuan to buy 110,000 film and television copyright film library resources, just by looking at this, you can know how big the scale of Yixing Video is.

Fang Hong said again: "That's right, it's up to you and your team to do it, but your team has to sign a performance gambling agreement with Qunxing Capital." ”

At this moment, Hou Junda's heart was pounding, and he was really incorporated into the rhythm of taking off on the spot, and the art star video went directly to the video sites of Ai Riding and Youku.

The key is to rely on a wealthy father like Qunxing Capital!

Hearing the performance gambling agreement, Hou Junda endured his excitement and said, "Please speak." ”

Fang Hong nodded and said: "Yixing Video will be a wholly-owned subsidiary of Yixing Media Group, and it will be financially independent and will not consolidate its performance with the parent company, and one of its goals in the future is to be listed on the A-share market." ”

As an Internet company, it is basically impossible for Yixing Video to land on the big A and go through the normal process, so it can only take the road of backdoor listing.

Fang Hong continued: "The main content of the performance bet is to take out 15% of the equity package of Yixing Media and share it with your team, how to share the 15% equity package with you to decide, anyway, the 15% equity package is allocated to you, how to divide it between you and your team." In return, your team must achieve these two goals by the end of 2012 to reach more than 300 million Yixing video users, and to become the largest online streaming video site in China. ”

All the staff have been absorbed, and the equity still has to be divided, because working for yourself is always more energetic than working for others.

Hou Junda immediately calculated an account in his heart when he heard this, the total number of users of domestic online video websites is just over 200 million, and the number of domestic netizens is only 338 million, but the size of the national population is on the table, and it should not be difficult for the scale of netizens to exceed 500 million by 2012.

Fang Hong said: "In addition, within the 2012 period, when the user scale of Yixing Video exceeds 50 million, your team can share an additional 100 million cash bonus package; When the user scale reaches 100 million, your team will get another 200 million cash bonus package; When the user scale reaches 200 million, your team will get another 300 million cash bonus package; When the user scale reaches 300 million, your team will get another 500 million cash bonus package. ”

After a pause, Fang Hong added: "15% of the equity package plus cash rewards, nothing else, the company will not pay you a salary, only food and accommodation." ”

Such a requirement is obvious, that is, to let Hou Junda's team have only one goal, in order to achieve the performance goal, to work to the death, to cash in the performance equity, cash is also available, and to share the first 100 million bonus package can basically make the team achieve lifelong financial freedom.

After a while, Hou Junda asked, "What if the bet fails?" ”

Fang Hong spread his hands and smiled: "The 15% equity package is gone, and the cash rewards issued must be returned in full and the interest will be calculated, in addition to signing a non-compete agreement, and you will not be allowed to enter the industry in the next three years from the day of resignation." ”

This is the punitive clause for the failure of the bet, especially the cash reward recovery, assuming that in 2010, the users of Yixing Video reached 50 million and shared a bonus package of 100 million, but in 2012, the final performance target of 300 million users was not achieved, then the bonus issued out must be repaid in full, and the interest in the two years will be calculated.

To put it bluntly, if the performance gambling is successful, you will go directly to the peak of your life, and you will gain fame and fortune; If they all fail, they will have nothing and will be saddled with a lot of debt, and they will be banned from entering the industry for three years.

At the current speed of technological iteration and development, a three-year ban on entering the industry is basically a waste in this industry.

Once Hou Junda's team accepts this performance VAM agreement and signs it, it can only rush forward, even if there are tens of millions of roads, there is no way back.

The pressure can be imagined, but the temptation is also deadly.

At the end, Hou Junda said, "Mr. Fang, can you give me two days?" I need to talk to my team. ”

Fang Hong said without hesitation: "No problem, then give me an answer in three days." ”

……