The wind has been very noisy recently.

Everyone in the capital market feels that they are about to witness the rise of a new power Internet company!

This is how the third round of financing for [Youqu] began.

After careful consideration, Cheng Zhu finally chose to let Penguin participate in this round.

However, Penguin was not chosen to lead the investment.

He needs this support now.

Well, just for now.

This round of financing was led by the [wall-riding] Red Mountain Capital.

Hongshan invested in Kuaishou very early on.

After Cheng Zhu launched Youqu, it, as an important investor in Youte, also invested in Youqu.

What can I say? This is the norm in Hongshan, betting on one or two ends.

Moreover, the final result is basically profit from both ends,

As the top venture capital institution in China, Hongshan indeed has a unique vision.

However, in the round of financing held 2017, Hongshan no longer invested as much as before and only maintained its original shareholding ratio.

Judging from the investment amount, it seems a bit...\n.\nConvergent?

The reason is simple. There are too many top investors in Hongshan.

Their senses are extremely keen, and the data and information they can collect are also very complete.

Hongshan values ​​the potential of Youqu!

A lot of data cannot be seen by others.

As investors, they can do it.

Hongshan compared Youqu’s data with Kuaishou’s data, and naturally he knew which platform had greater potential, higher user stickiness, and faster growth!

What's more, this round of financing also includes Penguin.

The reason why Cheng Zhu asked Hongshan Capital to lead the investment was actually to let Hongshan make a choice.

"I don't blame you for being a fence-sitter."

"After all, you have already invested in Kuaishou."

"In the past, Hongshan attached great importance to the Katate project."

"They are so close to each other, they follow each other, but I am...\n...I am stepping in!"

"But, so what?"

Dog Man: "The one who is not loved is the mistress!"

His attitude is simple.

Between Youqu and Kuaishou, sister Hongshan, you have to make a choice!

Will you live with me or him from now on?

A similar situation also unfolded between Douyin and Kuaishou in the previous life.

At that time, Kuaishou relied on Penguin, but Hongshan still chose Douyin.

After negotiation, Hongshan voluntarily withdrew from Kuaishou's board of directors.

Now that Kuaishou has lost even the penguin backer, the situation is naturally clearer!

The capital market’s expected amount of financing for Youqu is approximately US$1.5 billion.

But judging from the final released data, it reached an extremely exaggerated US$2 billion!

After this news came out, the entire capital market was completely boiling!

"Two billion? Why did it jump to 2 billion all of a sudden!"

"With so much money lying around in the account, it looks like there will be a lot of excitement in the next year!"

"When did the short video industry become so popular?"

"In fact, it's understandable. After all, they have done a good job in commercialization."

Many investors have a clear conscience.

Although Kuaishou does a good job in live broadcasting, but...\n::.\n.Can't Youqu learn from you in live broadcasting in the future?

sure!

But if you want to imitate Youqu in advertising, can you compare to Youqu who relies on [algorithm]?

Their automatic advertising distribution model is so awesome!

Your strengths can be copied by others.

You cannot have the strengths of others.

This is very fatal!

Will Cheng Zhu launch a live broadcast mode in the future?

Cheng Zhu: Then this is nonsense!

In his previous life, he made a fortune by selling goods through live streaming, and he will definitely do it again in this life.

This will also facilitate the later launch of [Youqu Mall].

By then, his direct competitor will no longer be Kuaishou, but Ali!

After the company had 2 billion US dollars in its account, Cheng Zhu slightly squinted his eyes.

“It’s time to start implementing our overseas strategy.

"Now, the competition between us and Kaitou has entered a fierce stage, and he will probably try to gain some public opinion for me."

"It's going faster!" he thought to himself.

The development of the situation was as Cheng Zhu expected.

Youqu now poses a threat to all friends in the short video industry. There will definitely be people who want to trick him. There are rampant remarks about Youqu plagiarizing foreign [Musical.Iy].

A lot of comments started to come out.

"In terms of interface and functionality, the UI designs of the two are very similar.'

"In fact, even the initial user positioning is the same."

"If you take a look at these comparison pictures of mine, I can only say that you understand everything."

In fact, the Youqu created by Cheng Zhu is different from the original Douyin, and more like the more mature Douyin.

The initial Douyin was also different from what everyone saw later in appearance and positioning.

At that stage, Douyin was indeed similar to Musical.Iy.

Even the groups targeted at the beginning were young girls in big cities.

Youqu and Musical.ly can only be said to be somewhat similar.

However, there is one interesting thing about domestic public opinion.

Once it is said that domestic platforms copy foreign platforms, a lot of people will jump out, indiscriminately, and just complain.

They are the best at praising foreign countries and undermining domestic ones.

"It's so funny, it's copied from abroad again."

"Chinese people can't produce good things!"

"I thought Youqu was quite interesting and innovative before, but I didn't expect that I copied it, haha."

"The copying also turned out to be completely different, which is embarrassing!"

"Who knows Musical.Iy! I think Musical.ly is much better!"

"Chinese people are just so pissy!"

"Which successful person in China didn't copy someone from abroad?"

Many knowledgeable people started to criticize in various ways and even started to create confrontations.

Some people who deliberately back-test will also give up at this time.

Many comments made Cheng Zhu laugh.

"No, you are fucking foreigners, Musical.\nly is also made by fucking Chinese, right? It was developed in China, right?"

"It's really fun for me." Cheng Zhu's eyes were disdainful, as if he was looking at a group of clowns.

"These people, if you shoot them ten times with bullets, you probably won't be able to hit their brains."

"How the hell is this going to shrink?"
To be continued...