original title: entrepreneur exclusive dialogue: I do not care Tencent, Sohu and other news portal client
when you read this article, today’s headlines APP, also is Beijing bytes Beating Technology Limited (hereinafter referred to as "byte beating"), has completed the lead investor Sequoia $100 million C round of financing, micro-blog also participate with the cast. Zhang Yiming’s byte jitter valuation of up to $500 million.
APP more and more valuable in early 2014, Android Application Search (now extended to mobile content search) APP pea pods B round of financing $120 million. Further, Baidu nearly $1 billion 900 million acquisition of 91 radio. Also, close to the myth, Facebook announced $19 billion acquisition of Whatsapp.
number of users to determine the valuation of the glare. From Zhang Yiming’s figures: today’s headlines currently download activated users 120 million, more than 13 million active users.
the following is "entrepreneurs" & I horse exclusive dialogue towards his $500 million APP content is how to make
Entrepreneur: when you say the product well, the amount of users to reach a certain number, there will be a natural business model. If the cool well, what is the possible profit mode of
Zhang Yiming: then what is the direction of cruel dispatch is unknown. How to make money, big direction, to become what kind of company is not clear (to do general search or vertical search, etc.). When I left, kuxun in selling brand advertising, selling PPC (like Baidu), (AD) on the basis of (amount) charges are.
if you look at it now, I think it is no problem to pay the effect. But the product, I think we should put the product model served well, (then cool News) has yet to revenue model stage. I think it should not be too anxious to spend too much energy on the income model, it should (spend more energy) to provide users with more value on the product. At that time, the expectations are still too high, the product itself is not looking for a good model.
"entrepreneurs": the domestic network was not done, in addition to the rise of the network happy, whether it is because of this form
Zhang Yiming: I think anything is going to be out of date, QQ is out of date, and Google may be out of date. It does not matter, the key is that you can not let the company’s products with the times, so that it can meet the needs of users as much as possible. Even if the product is out of date, can not continue to produce good products in this enterprise, the so-called outdated is not completely without demand, is that it may account for the proportion of decline.
I do not expect a product to be immutable, in fact, Instagram (Facebook) is also (through) the evolution of the product (to maintain the number of users), it was later acquired