Chapter 377 Video Effects
After the subprime mortgage crisis, venture capital seems to be generous. A groupon, which was not long after it was established, received a $30 million investment from Axel Partners (there is another saying is $6.8 million, which has changed history). Compared to Zhou Shi's investment of hundreds of millions of dollars, well, it is still not worth mentioning. At least in the Silicon Valley Bay Area, it is difficult for them to compete with Yelp, but their base camp is in Chicago, and it is meaningless to say that competition in Silicon Valley is not interesting.
"Groupon's merchant resources are about 60% of ours. It has not occupied the Chicago market yet, so it does not pose a threat to us."
"If you are a groupon CEO, what would you choose when facing a competitor like Yelp?" Zhou Shi knew that the wild development of groupon in his previous life stood out among the competitors and was a respectable opponent. He must not be underestimated. Moreover, the law of the Internet is to win and take all, and only one or two websites of the same type can succeed in the end. Therefore, the attention to competitors cannot be reduced no matter what, but you cannot pay too much attention to your own opponents and follow the rhythm of others, which will only lead to death. In fact, this is to make us despise the enemy strategically and pay attention to the enemy tactically.
"They should consolidate their market first, and then..." Stopurmann
"If I hadn't done this." Zhou Shi looked at Shirley after saying that, this was a routine meeting between several of their executives.
"We should take the initiative? While they have not developed, they will go to their base camp to impact their market share." Shirley
"That's right, we now have the advantages of capital and talent, and can attack opponents while expanding rapidly." Zhou Shi
"This way our costs will increase a lot!" Yelp's CFO, the treasurer of a large traditional retail company.
"Control costs is your business, what I need is rapid development." Zhou Shi responded
"But......"
"Okay, let's prepare to establish a second branch in Chicago. The previous goal was to first take up a large tier of cities to take up a point. Chicago was our goal!" Shirley Sandberg
The company is not short of money now, so CFO's responsibility is to increase revenue and reduce expenditure and control costs without hindering Yelp's development. The significance of a good system to the company is self-evident. Yelp's operating costs are much higher than that of Groupon. Zhou Shi is just to build a relatively complete organizational structure and financial system from the beginning. I don't know if it is useful, but in his opinion, it may not be very useful. After all, if success is so easy, then those rich bigwigs will block the development of startups and make the whole world monopolized. Unfortunately, the endless startups continue to subvert traditional enterprises, which shows that sometimes sufficient funds and a complete management system are not so necessary. He is also constantly looking for a balance point in it, sometimes abide by company rules and regulations, and sometimes actively breaking rules and regulations, which makes the management a little tired. Fortunately, he has had sufficient communication with Shirley Sandberg, and she worked diligently to help Zhou Shi check for omissions.
"Mr. Zhou, Mr. Zhang from Xingguang Film and Television is here!" Just as Zhou Shi was trying to make a fuss about the company, Chen Wen came to him.
"Let's go see him!" Zhang Zhao arrived yesterday, but the jet lag needed, and Zhou Shi did not urge him to come here this afternoon.
This time, it was not alone. Zhang Zhao led several people. Does he really want to reach a cooperation agreement with Marvel? Co-production is not that easy to make. No matter how you watch Marvel's superhero movies, it is not suitable for co-production. It is most likely that they will not pass the approval.
"Mr. Zhou, in addition to Marvel movies, the production of despicable fathers also needs to be closely watched. After talking to Marvel, we still need to go to Paramount. That is our first co-production film, and it is an animation." Zhang Zhao explained
Only then did Zhou Shi realize that he was really stupid and bold at that time. Cartoons were not that fun. Apart from Disney, DreamWorks was doing well. You should know that Pixar was acquired by Disney at this time, and DreamWorks was just trying hard to support it.
Zhou Shi asked about despicable father again. The director of this cartoon is Chris Reynold and Tian Xiaopeng. It seems that Zhou Shi doesn't know any of them, so it may not be the reason for a well-known person. In the original history, one of these two people was despicable father and the other was the director of the Return of the Great Sage. Now they are together and have no experience. I hope they won't make a four-dimensional animated movie.
"Since that's the case, Mr. Zhou and others will communicate, otherwise such a big loss will be a big blow to us!" Zhang Zhao
"Okay, go if you have time." Zhou Shi did not refuse. It was almost the same as Yelp or not. Maybe he was not here, so the Yelp employees were happier.
"Mr. Zhou, what's going on with Marvel!" Zhang Zhao
"This is what I was planning to shoot Iron Man next year, but there was a rich second-generation who had a lot of money and wanted to invest in Marvel. This time I will star in the movie with Larry Ellison and Tesla's Musk. The probability of making money should not be high. If you are not tight in funds, you can participate..." Zhou Shi said a lot of things.
"Zhou always said that the boss of Oracle Company and the world-renowned tycoon Larry Ellison?" Someone reacted after Zhang Zhao. It turned out that the biggest brand was not Zhou Shi, but a famous madman in Silicon Valley who wanted to fly a fighter to kill Microsoft's Oracle Ellison.
"That's right, it's him." Zhou Shi
"It seems that this time I really need to pay attention to this opportunity..." Zhang Zhao
"You guys go and talk. Kevin Feige may not have a limit for you! I don't know how much money the rich second generation of their family has." Zhou Shi
"Is Ellison's child investing in Iron Man 2?" Zhang Zhao
"That's right, you guys are very annoyed." Zhou Shi has always had a bad impression of David, and he is so greasy and powdery. He feels very good.
"Okay..." The rich second generation is the most terrifying creature. Relying on the power and power of the family, they can even turn black and white, such as the famous Li Tianer incident. The capitalist country may be even more terrible. You should know that in some cases, killing people here is not illegal, and the degree to which lawyers turn black and white is even worse than that in China.
"By the way, I almost forgot that Time Games has acquired a special effects company in the digital field. Can you cooperate to make Starlight's special effects level a top-notch company in China." Zhou Shi thought that even if you hold concerts, press conferences, or party, special effects can be used, but things have to be done step by step, and it is useless to hurry. Moreover, the special effects company either remains independent or attracts several strategic partners, or even if your technology is advanced, which film company is willing to help competitors grow, and if there is not enough business support, you will only starve to death.
"The special effects company that helped James shoot a 3D movie ship?" Zhang Zhao
"That's right, it's this company!" Zhou Shi
"Of course we have to cooperate!" Zhang Zhao took the route of a large Hollywood company, recruiting many people from Hollywood to build his dream of the film industry. Zhang Zhao is not a Beijing circle, and he is not prepared to rely on film and television groups such as the Beijing circle. Now he has a first-class screenwriter team in China, and the theaters have reached the third place in China due to the joining of venture capital. Film directors and actors have made breakthroughs, and only the shortcomings of special effects are finally complete.
(End of this chapter)
Chapter completed!