Chapter 411

In previous generations, video live broadcasting websites have also been popular in the Internet industry and investment circle for a while, but it has been after 2015. Therefore, at this stage, Huizhong and zhongwin capital's investment focus does not include startups in the video live broadcasting industry.

However, since he hit, Fang zhe naturally has no reason not to vote.

In the previous life, tiger tooth was listed in the United States with a valuation of nearly $10 billion. However, later, its share price fell all the way because of its weak profitability.

The same situation also happened in the whole video live broadcasting industry, including the panda live broadcasting founded by Wang XiaoCong, son of Wanda. After the scenery, because the profitability could not keep up, they had to seek financing or even sell themselves.

Of course, in Fang Zhe's view, this does not mean that there is no "money" scene in the field of live video. It can only be said that the cultivation and development of this market takes time.

Similarly, the capacity of this market is limited and it is impossible to accommodate several unicorns at the same time. However, in the mature stage of the industry, it is still possible to cultivate one or two unicorns through mergers and acquisitions!

On the other hand, whether it is to expand the influence of steam China and related games under Huizhong, cultivate their IP benefits and enhance their value, or the strategy of not putting eggs in one basket, it is impossible for YY to exclusively win the live broadcasting copyright of steam China and various games under Huizhong. Fang Zhe is necessary to invest in one or two video live broadcasting websites, especially as tiger teeth shows his mentality, Peace of mind to do game video live website!

As for Huizhong or steam China's own live video broadcasting, it is not within Fang Zhe's consideration. Tencent's becoming a public enemy of the whole people in the Internet industry is a lesson from the past. Although the huge business front seems to make the whole company and the group extremely strong, the company's anti risk ability, It is far more fragile than the ecosystem built with this company as the core.

This is also one of the important reasons why Fang zhe doesn't take a taxi, Momo and other Unicorn creative products he has long known in his head, but he has to invest in these start-up companies by spending money.

In the future, based on Huizhong's games and even various upstream novels or animation IP as the core, we will build an ecosystem of game animation, film and television adaptation, live broadcasting and surrounding development. Under such macro strategic thinking, Fang zhe smiled and expressed his optimism and potential investment intention to Dong Rongjie on the stage!

After Dong Ruijie stepped down, Fang zhe was also interested in the project brought by the fifth contestant. The contestant's name was Chen Chi, and the entrepreneurial project he brought was called piggy short rent.

Yes, when Fang zhe heard his name and read the resume of Founder Chen Chi, he knew that this company, like tiger teeth, was also an existing project in previous lives.

The core concept of piggy short rent is actually some meaning of sharing rent. The landlord can hang his house rental information on the piggy short rent platform, and the tenant can screen the information on the platform for rent.

At first glance, Piggy's short rent is very similar to the rental business on ganji.com, 58 local life service websites such as the same city, but in fact, Piggy's short rent business, as its name, is more inclined to short rent. In addition, in terms of housing supply, it is also more targeted at the source of characteristic home stay housing. In terms of tenants, it is mainly aimed at tourists with tourism intention!

After Chen Chi came to power, the two things mentioned in his project speech attracted the attention and interest of Fang Zhe and more than a dozen judges.

One is that aibiying, which started earlier than pig short rent abroad, has a very similar model and has received Zhongying capital investment. A few months ago, several venture capital institutions, including Huizhong and overseas DST and GCP, just made a $120 million round B investment in the company with a valuation of $1 billion.

Another thing is that more than a month ago, google invested US $306 million in qunar, the largest shareholder of qunar.

"With the improvement of Chinese people's consumption level, the online tourism market has ushered in a period of rapid growth and outbreak. I have been tossing around in the Internet industry for more than ten years and have been feeling that I have not encountered the right opportunity and found the right entrepreneurial direction.

Until the Shenzhen it summit at the beginning of the year, I heard Fang always mention an American company called airbnb aibiying. I was very curious about what this company is for. Now that the United States has it, does China have the same entrepreneurial opportunities.

Then, after a lot of investigation and analysis, I finally founded the current pig short rent. Half a month ago, this platform was just launched. Because I participated in the publicity of the entrepreneurship competition, the starting traffic of the platform is still very good, so here, I would like to thank Fang Zong for this entrepreneurship competition!

Search engine has always been the core entrance and the best wind vane of the Internet industry. I believe Baidu and Li should be the ones who know best about the growing needs of Chinese people and the rapid development and growth of the market.

Before Baidu invested in where to go website, it gave me the confidence to insist on being a short-term rental platform for home stay tourism. Therefore, I would like to express my gratitude to Mr. Li and Baidu. Thank you, Mr. Li and Baidu! "

Chen Chi has been playing around in the Internet industry for more than ten years, which has made him a smooth and philistine person. Let's not say whether president Fang and President Li, Huizhong and Baidu have any impact on his establishment of pig short rent. Anyway, now he puts these two high hats on president Fang Zhe and President Li. Fang zhe doesn't like such a character.

In addition, all kinds of troublesome problems involved in the short-term rental market, such as rental policy, rental safety, housing management, landlord and tenant disputes, also make this business very heavy. For heavy business, Fang zhe never likes it. Therefore, Fang zhe just shows a professional fake smile and politely replies to Chen Chi's flattery with a high hat. As for whether he is optimistic or not, Investment or not, sorry, I don't want to talk now!

Compared with Fang Zhe's indifference to this project, including Baidu Li and the bosses of other Internet companies, they are much more enthusiastic. In particular, they heard that aibiying, which also does home stay leasing overseas, has now been valued at $1 billion, which shows that this business model has been verified. Even if the business does not make money, it can always find a successor, can't it?

From the wild era of the domestic Internet industry to today, the leaders on the jury have seen too many cases of overseas companies spending a lot of money to acquire domestic companies of the same type in order to enter the domestic market. In their view, even if the pig short rent can not be done well in the future, it can also be sold to aibiying who enters the domestic market in the future. Anyway, money can be made!

After the pig's short rent project speech and the judges' speech, all the five projects of the top five of the entrepreneurship competition have finished their speeches. At this time, an hour and a half has passed since the start of the live broadcast, and the competition has finally ushered in the most expected link for the audience on site and in front of the national TV. The final ranking of the top five has been announced!