FutureFantasy was originally bought by Tao Yushu to practice for Netflix, but unexpectedly, under the management of Mark Randolph and Reed Hastings, the development momentum was pretty good in the past year.

But the upward momentum is significantly weaker than the competitors in leaps and bounds, Amazon, BookStacksUnlimited

After competitors received financing this year, FutureFantasy is still relying on Tao Yushu to transfusion blood.

At present, the online bookstore has accumulated losses of more than US$1.2 million.

Mark Randolph and Reed Hastings have also been connecting with venture capital companies during this period, and their valuations have always been not ideal.

It is rumored that Kelpentasy gave Amazon a valuation of nearly $600,000, and among all futureFantasy's offerers, the highest valuation is only $25 million.

The head siphon effect of the Internet industry is more cruel than that of the physical industry.

There is no shortage of money and Tao Yu’s books.

She does not lack US dollars with at least nine digits, but in today's American Internet industry, having money alone is not enough. This experience is also something she gradually realized in Silicon Valley during this period.

The new industry of the Internet seems to have unlimited potential, but there are still too many conceptual things since the beginning. Everyone is telling stories and looking at the future.

How far a company can go depends entirely on how optimistic investors are about it.

In such a situation, it is absolutely impossible not to introduce external investors.

An interesting verb has been popular in Silicon Valley in recent years: 0PM.

OPM is OtherPeople’sMoney, other people’s money.

Taking other people’s money to start a business is not only a risk sharing, resource sharing, but also a shaping of common interests.

Only when everyone brags about this cowhide together can the benefits be maximized. It took Tao Yushu two months to accept this concept from Xiangjiang to the United States.

"You have an appointment with that Michael Moritz tomorrow to promote financing." Tao Yushu said to Reed Hastings.

"In addition————." Tao Yushu looked around the two of them and said, "Netflix and FutureFantasy have both shown certain potential at present. We cannot continue to develop like this and need to be regular."

Mark Randolph and Reed Hastings were shocked when they heard this. Both of them understood the subtext behind the boss's words.

Netflix and FutureFantasy are going to split up!

"Reed will be responsible for FutureFantasy for the time being."

Although he had guessed this result, Reed Hastings couldn't help but show a look of loss in his eyes. He knew very well that Netflix's position in the boss's heart was obviously more important.

"OK!"

Next, the three of them talked about the issue of division. Tao Yushu took a look at the time and got up and left the company.

For Netflix, she and Lin Chaoyang have been in the United States for 4 months since April. For the convenience of living, they simply bought a house in Woodside.

The configuration is far less than that of the villas on Deep Water Bay Road or the luxury houses on Mulholland Road, but at least you don’t need to stay in a hotel anymore.

During this period, the affairs of several companies under her were handed over to Tao Yumo. She only went back twice and stayed together for less than a week.

The last time was in July when I went back to pick up my two children to come to the United States for summer vacation.

Woodside is a wealthy area in Silicon Valley. It has a beautiful and quiet environment and good security. People live in new rising wealthy people in Silicon Valley in recent years, such as Jobs and Larry Ellison.

As soon as the Mercedes-Benz entered the yard, she saw Dongdong skateboarding in the yard.

"Have grandma and grandma arrived?"

"arrive."

Tao Yushu walked into the living room and said to Lin Erchun and Zhang Guiqin who had just arrived, "My parents, there is something going on with the company today..."

"It's okay, you're busy with your business, so many things."

The old couple waved their hands quickly.

This summer vacation, the two children did not return to Yanjing. The old man missed the child, so Tao Yushu and Lin Chaoyang suggested that a few elderly people come to the United States for a walk, just treating it as a traveler.

It’s a pity that Tao’s father is old and has been in poor health in the past two years. Traveling across the ocean is a bit painful for him, so Tao’s father and Tao’s mother did not come.

"Don't come if you have the ability!"

Zhang Guiqin's words made Lin Erchun speechless.

"Don't argue with you two for national affairs. Come to the United States to see the children. Isn't it good to relax?" Lin Chaoyang advised.

Lin Erchun changed the topic and asked, "How is Yushu's company going? Will you stay in the United States to develop in the future?"

"I will definitely not stay in the United States. However, this step is crucial to the company's global business development. You need to spend more energy. You may have to stay in the United States for a longer period of time in the past two years."

Lin Erchun asked puzzledly: "I heard from Chaoyang that it is a company that rents video tapes. Can it have such a big impact?"

Tao Yushu patiently explained: "China and the United States have different national conditions. They attach more importance to intellectual property rights and the cost of piracy is very high, so the market size of the film and television entertainment industry is far greater than that of the domestic market.

Currently, the video tape sales and rental market in the United States far exceed the box office of movies. The combined market size of the two is already 200

Billion dollars have moved forward."

After operating an intermediary company for many years, Lin Erchun has already had his own understanding of business. After listening to Tao Yushu's explanation,

He nodded and said, "That's really a big deal. No wonder you value it so much."

Like Yan Yan, he turned on the TV at home, took out a "Red Zone" from the piles of DVDs at home, and played it for Lin Erchun and his couple to watch it with the projector at home.

After reading for a few minutes, Lin Erchun slowly saw some tricks, "This thing seems to be clearer than VCD?"

Tao Yushu said: "The clarity is much higher. The VCDs that have been popular in China in the past two years are 352240 or 352288 resolutions. It is okay to watch on TV. If the screen is a little larger, it will not work. There will be blurry and grainy pictures."

"Then won't VCD be eliminated in a few years?"

"It won't be a few years, but it's definitely not up to date. Both of these are invented based on MPEG video compression technology.

If we look at the long run, neither of these will make a real leap.”

"What does this mean? It's not enough?" Lin Erchun asked, pointing to the picture on the projector.

"It's not that it's not that it's not enough, but that the world is developing and technology is also improving. Whether it's VCD or DVD, it's essentially analog, and the future trend is digital and digital.

Once the movie is digitized and uploaded through videotapes as a medium, downloading becomes meaningless——”

This remark did not come from Tao Yushu, but the high theory of the investor Alexander Barkansky, whom she contacted some time ago.

Alexander Barkansky is a businessman and a giant in the field of DVD and video technology. The Scooper Systems Company, which he founded, developed video compression software that can convert analog video and image materials into digital bytes that are easy to store or transmit.

In the first month after Netflix went online, Scobowei Systems Company came here, hoping to invest in Netflix.

At that time, the two sides did not reach an agreement, and the main problem was valuation.

But Tao Yushu was deeply impressed by Alexander Barkansky's remarks. He believed that with the continuous development of the Internet in the future, people will sooner or later watch movies through online downloads or streaming media technology.

Busy plastic plates like VHS, DVDs, and VCDs will eventually be eliminated.

When Tao Yushu heard these remarks, his first reaction was to think that Alexander Barkansky was exaggerating, and his purpose was naturally to take the initiative in negotiations.

But after that meeting, Tao Yushu still went to have an in-depth understanding of the current technological development.

It turned out that Alexander Barkansky's words were not groundless.

With the current technological development speed, Alexander Barkansky's words are not easy to achieve within three to five years, but it will be hard to say in ten or eight years.

Downloading or streaming videos online may really break the life of videotapes.

After learning about these situations, Tao Yushu was very anxious for the past two days, and then he soon felt relieved after Lin Chaoyang's persuasion.

Things in the future are still in the future, and when the sky falls, there are tall people holding on. Even if she becomes that tall person by then, she will also be able to lead the company to complete another transformation.

At this time, Lin Chaoyang smiled and said, "The jade books are all things that will happen in more than ten or twenty years, and they are not something that should be worrying about now.

Everyone dies, and we can't die in the future and don't even eat now."

The old couple Lin Erchun basically had no idea about these new things. When they heard Tao Yushu say those words just now, they were full of ignorance and were also a little anxious.

Lin Chaoyang's words made the two more relieved. Lin Erchun said, "That's the reason. Who knows what happens in the future? Ten years ago, everyone was watching movies in the cinema, but now they buy a VCD and watch it."

"Come and have a meal." Lin Chaoyang shouted again.

While having dinner, Lin Erchun asked Lin Chaoyang, "Yu Shu is busy with the company, what are you busy with?"

"Reading a book."

"Only reading books? Not writing books?"

"Isn't this preparing for the next work? Creating requires accumulation."

Tao Yushu listened to the conversation between the two and laughed in his heart.

After many years of couples, she has long been familiar with Lin Chaoyang's set of things.

During this time he spent in Silicon Valley, he ran out a lot. Tao Yushu watched him several times just at Buck Restaurant.

She didn't believe it because she said she hadn't done anything, but she was too lazy to expose it.

The whole family was having a meal and chatting. After the meal, Lin Erchun and his wife worked hard all the way and then they rested early.

In the next two weeks, Lin Chaoyang took Lin Erchun and his two children to play near California, while Tao Yushu continued to be busy with Netflix.

Netflix's subscription model has been launched for a week and has achieved initial results.

Netflix has set up the web page so that users who click the redemption button on the website will be directed to a custom page, giving them the opportunity to subscribe to Netflix's "subscribe" plan for free for one month.

There is no expiration date and no late payment fee. The website will send them 4 DVDs. For every 1 DVD is sent back, the website will send them another one, and they will rent them as many times as they want.
To be continued...