We can't blame John Antioko, Red Hoffman for being unrestrained. They are professional managers, so life is not so easy.

It looks very glorious, but although Antioco or Red Hoffmann, their wealth is not low, it is still quite different from the real working emperors.

Previously, Antioco knew how the market was in the market because the dividend reward given to him by Blockbuster's board of directors was cancelled and he turned against him.

Dividends and equity rewards are also the most important source of income for professional Wall Street managers, especially for Red Hoffman. If LinkedIn can go public, it will be a time for huge growth for his net worth!

Compared with Blockbuster, LinkedIn's industries with revenue and scale, other emerging industries that are included in the Chuke technology, it cannot be said that they perform poorly, on the contrary, their performance data are extremely glamorous.

But they are basically losing money, but they only lose more or less. Jack Dorsey, one of Twitter's three founders, stood up and said, "Since Twitter went online, global users have now exceeded 90 million. I believe Twitter may break through 100 million users this year!"

Even though I have known this data for a long time, there are also technology media of all sizes, both Silicon Valley and Wall Street. I have reported on Twitter, which is called "new miracle of the Internet", many times this year. For this reason, I have specially created a new term, "curve growth rate", to describe the rapid growth of Twitter users.

But it was still surprising to hear Jack Dorsey mentioning these things. Whether you admit it or not, Twitter seems to be intimidating, which is much faster than Facebook's development at the time.

Chen Chu didn't listen to this, but asked Jack Dorsey directly, "What about revenue?"

Chen Chu asked about this, Jack Dorsey, Evan Williams and Beats Stone, the founder who had a net worth of tens of millions because of Renren Technology's acquisition of Twitter, was a little embarrassed.

"Twitter's revenue in the first half of this year exceeded 57 million US dollars," Jack Dorsey added another sentence under Chen Chu's suspicious gaze, "Twitter has reached a cooperation agreement with Walmart and Ebay, with the related cooperation funds exceeding 240 million US dollars, and the expected loss this year is more than 170 million US dollars!"

Hearing this, Shirley Sandberg, Larry Songsini, Robert Kingsso and other familiar people who are familiar with the market all have the urge to cover their faces. The so-called related cooperation funds are to attract Twitter to Walmart and Ebay websites.

They knew that Twitter's profitability was a bit weak, but it was so far behind everyone's expectations. Compared with Facebook, which is just like a money printing machine, Twitter is simply a battle with the existence of five slags.

Twitter's unique media model is indeed suitable for rapid promotion, but the content limit of only a few hundred words also limits Twitter's advertising revenue. The so-called gains and losses are nothing more than this moment.

However, Chen Chu did not expect Twitter to make much profit. What he needed was the public opinion and media attributes of Twitter. As the most important propaganda position in the new media era, the importance of Twitter is self-evident. It is enough to be able to sway the flag and cheer for Chuke's technology at critical moments, and it is enough to change public opinion.

Chen Chu looked at Jack Dorsey and others, "When Twitter maintains its user scale, it should also minimize costs!"

Chen Chu's words made Jack Dorsey and others relieved. Chen Chu's words obviously did not blame them, nor did he ask them to change their operating model. This means that he will continue to support Twitter and continue to invest funds, resources, etc. This is the most important thing for Twitter.

Without Chen Chu's support, no matter how strong Twitter is, it will probably lack the momentum. Just the growing server, broadband, labor and technical costs can all be dragged down by Twitter.

Compared with Twitter, which is strong on the outside and is both good, Youtube, which was traumatized by Renren Technology for 1.6 billion US dollars, has performed much better.

"Youtube's revenue will exceed 500 million US dollars this year, although it may still lose more than 400 million US dollars," Chen Shijun, who is in charge of the report, did not evade the problem, "but Youtube is looking for a solution!"

"Youtube's losses this year mainly come from copyright litigation and the rapid growth of user scale. Youtube spent more than 300 million US dollars in the first half of the year, but Youtube currently relies on Renren Film and Television, Renren Music, Facebook, Viacom, Time Warner, etc. to solve this problem. Video ID certification technology is currently identifying pirated and infringing videos. It is expected that pirated and infringing videos will be reduced by more than 87% in the second half of the year!"

When talking about these, Chen Shijun had no frustration on his face. These were originally expected. After being acquired by Renren Film and Television, various problems of Youtube began to appear frequently, but the support of Renren Film and Television is much smaller than before.

Especially the copyright issue, except for the videos that were shot and uploaded by users, few of the other videos were copyrighted. Now it has been greatly improved. Renren Film and Television and Renren Music have provided Youtube with a large amount of audio and video copyrights.

"Youtube has now launched paid music, records, MTV, TV, movies, news subscription and other functions, and has reached comprehensive cooperation with Universal Music, Warner Music, MGM, Lionsgate Entertainment, etc. Sixty TV stations including the Fourth British Channel and Yanjing TV have entered Youyube's global channel. Currently, Youtube websites with copyrights in 24 languages ​​have been opened in 78 regions."

"I can say here that more than one-fifth of the people around the world spend a total of 170 million hours watching videos on Yoytube every day!"

This achievement is already amazing enough. Youtube can even yell at the global online video industry. Youtube is the world's largest video website. From the perspective of user scale, Youtube is even more active than Renren Film and Television.

But in terms of influence and revenue, Youtube that Renren Film and Television can instantly have no more scum. Now, the top 20 video websites in the world, and the bottom 19 are combined, the revenue is less than half of Renren Film and Television!

The revenue of the "007" video released this year has been the revenue of dozens of video websites for ten years, not to mention the member subscription revenue of Renren Film and Television. It has a stable revenue of billions of US dollars every month. This is not as good as video websites that rely on advertising to make profits.

Today, the staff in the conference room have a deep understanding of the Internet industry and can also see the potential of Youtube. Although Youtube is in losses now, it obviously has huge potential for future development.

Chen Chu decided to acquire Youtube for $1.6 billion, and it was impossible to say that he made a lot of money, but it was not as if some media deliberately disgusting, which was a deal that was one of the "Top Ten Failures in Silicon Valley"!

Once Youtube develops in the future, it can be expected that it will be a huge media platform, even more than Renren Film and Television’s platform!

After North American Trust and Investment Banking, Facebook, Blockbuster, LinkedIn, Youtube, Twitter and other industries, the rest of the MSN, ICQ, and the North American New Economic News, which can only be regarded as the top-notch Alex, have also reported one after another.

However, compared with these main businesses, the North American New Economic News, etc., it can only be considered good at most. It is still far from the industry giants. If you expect the North American New Economic News to compete with News Group, Sony and Columbia, it is probably just like asking Zhang Yida to defend himself. It is the kind of person who starts in a desperate situation!

Although Chuke technology is not enough in the field of traditional media, Chuke technology has begun to form its own system in the field of Internet media.

Many emerging Internet media industries such as Facebook, Renren, Oriental, Twitter, Skype, ICQ, MSN, Tianya, Maopu, Douban, etc. have allowed Chuke technology to span the world in the field of Internet media, building the prototype of an Internet media empire.

In the past few years, from the PC Internet era to the mobile Internet era, traditional paper media and TV stations completely declined. At that time, the Internet media resources in Chuke technology will not be reversed like traditional media, but it is estimated that it can still be done by pointing out the deer to the horse!

"I have signed an agreement with Bloomberg's major shareholder Michael Blonger, Facebook, Twitter, and LinkedIn. Starting from this year, I will start working with Bloomberg and start launching the "news broadcast function" on the platform!"

Chen Chu looked at the people in the conference room, "The times are developing, and the user group is also developing. In the past, the Internet media was mainly entertainment and games, but when the Internet entered the era of the whole nation, the traditional finance, finance, investment and other groups in the past will also enter the Internet platform. These are the groups with the most consumption potential, and they will eventually become an existence that changes the entire industry!"

Chen Chu's words made Facebook, Twitter, LinkedIn and other leaders look a little serious, and Chen Chu could make it specifically mention it. Obviously, Chen Chu also attaches great importance to this cooperation with Bloomberg and others, which is also an opportunity for Facebook, Twitter and others.

After taking a sip of coffee, the bitter coffee was far inferior to the skills of Qiao Xueling, the young assistant of Chen Chu and Yanjing. However, the coffee is really refreshing. It is not that the effect is so good, but that it is really bitter and it is difficult not to refresh itself.

After breathing out, Chen Chu looked at everyone, "I know everyone has heard some rumors these days!"

The entire conference room was extremely quiet, and everyone knew that it was the highlight. Only Chen Chu's voice echoed in the conference room, and everyone stood up their ears, not daring to miss every word Chen Chu said.

"Chuke Technology does require some funds. From this year to next year, Chuke Technology will have some plans and need some funds. For this reason, Chuke Technology needs to transfer and mortgage some equity shares of Facebook, Autohome, etc."

When I heard the rumors were true, there was inevitably some noise in the entire conference room.

"but!"
Chapter completed!