Life in the world of film and television

Chapter 110 Development Strategy
As time entered the end of June, the office area of ​​Yuandian Technology was finally installed.There are three upper and lower floors in total, which can be used by thousands of employees.

At this time, in the luxurious office of more than 25 square meters on the 200th floor, Li Mu was discussing some issues about product development and big data algorithms with more than a dozen technical experts.

With Su Mingzhe's computer knowledge, he is also an expert in related industries in this world, plus his vision and experience based on the real world.In terms of cutting-edge and sensitivity to future technologies, he is not inferior to anyone present.

In the real world, the rise of Toutiao is beyond the expectations of many people. In their eyes, this is an ordinary news software. I don’t know why it is so popular.

Sina, Sohu, Penguin, and Netease, as the four old Chinese portals, have a deep foundation and launched a dedicated mobile news app very early. They should have an advantage in this regard. Why would a start-up company rise strongly and reach the top quickly? Woolen cloth!

There are many reasons, but the most important one is technology and innovation. Although the four old portals have developed their own mobile news APPs, they have changed their contents, just like the ones on the PC side.

It's just copying the content on the webpage to the mobile phone, without any innovation.

Of course, we can’t blame them. Since entering the era of mobile Internet, there have been more and more professional apps of all kinds. All major Internet companies have devoted their energy to various professional apps, such as social networking, shopping, making friends, games... etc!
As for the news website, it seems to be an old product of the portal era in the last century, and it is outdated.

They did not invest too much time and energy here, struggling to find a variety of new tracks, taxis, takeaways, group purchases... all kinds of new business models.

No one thought that someone could use a piece of news software to create such a big success.

In the real world, when the four major portals are still using the old method on the PC side to make mobile app news software, changing the soup but not the medicine.

Today's headlines have begun to subvert this market bit by bit with technology and innovation.

Big data plus algorithm, the website makes a self-portrait for each user. From then on, it is no longer you go to the website to find news, but the website makes a user self-portrait based on your big data analysis. After various complex algorithms, let The news comes to you.

From then on, "What you care about is Toutiao." This sentence has been deeply rooted in the hearts of the people.

It has also become the label of today's headlines.

Relying on big data and algorithms, Toutiao has counterattacked all the way. In the real world, it was not until around 16 years ago that several major portal websites began to lower their heads to find the reason when they saw that Toutiao was so popular today.

Then I discovered that the news can still play like this!Big data and algorithms have been valued by them, and they have begun to apply them to their respective software.

It's a pity that every step is slow, every step is slow, Toutiao has accumulated a solid foundation and users by virtue of its first-mover advantage, and its algorithm has been optimized to perfection. They can only watch Toutiao grow all the way.

From what everyone thought was a news software at the beginning, it has grown into a large-scale integrated media platform.

The rise of Douyin is due to Toutiao, just like the rise of WeChat is due to QQ.

Without the huge data accumulated by Toutiao, user self-portraits of hundreds of millions of users, and optimized algorithms that are more sophisticated and precise, it would be difficult for Douyin to stand out so quickly and reach such a height.

The situation in this world is similar to that in the real world. Those major Internet companies do not pay enough attention to mobile news apps, and still follow the old PC-side approach.

So, Li Mu's opportunity came.

Today's headlines are the foundation of Byte. This sentence is true. If you want to develop Douyin, you must first make today's headlines.

This is also the way Li Mu planned for Yuandian Technology. First, he will make every effort to create a mobile news software, and then launch Douyin. The two complement each other.

Compared with those simple short video platforms, this combination undoubtedly has absolute advantages in all aspects, and also ensures that the company can stand out from the competition.

Everyone discussed together for a while, gradually finalized the development plan, and established a big data center and an AI intelligent algorithm center.

Li Mu looked around for a week, and finally spoke: "Daily Toutiao, as the company's first product, I position it not only as a mobile information platform based on data mining, but also to provide users with accurate and personalized information. It is also our A testing ground for data collection, user analysis, and algorithm optimization."

"In the future, it will have the potential to grow into a comprehensive media platform."

"It should be a product that can learn automatically. Through user behavior analysis and recommendation engine technical support, it can realize personalized and precise recommendations to meet users' daily news reading and sharing needs."

"It is also necessary to intelligently analyze users' hobbies, automatically recommend favorite content for users, and understand users more and more."

"What you care about is the headlines!"

"This is the slogan of the daily headline software, and it is also the slogan of our company at present."

"I hope everyone will work hard with me to make this software. The current high salary is actually nothing. If we succeed in the future, the option reward will allow everyone here to realize wealth freedom."

"Everyone, let us work together, maybe the next Internet giant is us."

Li Mu's words made everyone here excited, not just a few words of chicken blood, but what he brought out today is real dry goods. He really wants to create such an innovative software as Daily Toutiao. Absolutely.

By that time, freedom of wealth is not empty talk.

Even now, many people are already excited and want to do a big job.If everything goes well, the three harvests of wealth, fame and career will be realized.

After chatting about technical matters and sending off the experts, Li Mu and Xu Ming talked about talent issues.

After such a long period of hard work, through open market recruitment and headhunting, the total number of employees in the company has exceeded 600, of which more than 180 are PhDs from prestigious universities.

There are also many business and technical backbones from Goose Factory, Baidu, and the old company Xinchao, these Internet giants.

For a time, it can be said to be full of talents.

The company's administration, legal affairs, and finance... have also been established. Although it is a start-up company, it is not inferior to other companies in terms of formalization.

For a moment, he was grinding his fists and ready to go, with the intention of soaring to the sky.

After Xu Ming introduced the company's talent reserve and recruitment situation, he said seriously: "Mr. Li, I think the next recruitment can be slowed down. I have communicated with the people in the technical department, and with the current talent reserve, we can complete the recruitment process." There are more than enough development tasks coming down."

"We will not stop recruiting, but we will be stricter and keep improving. We will not recruit people like we are flooding like now."

"Try to use two to four months to make up for the company's current vacancies of about 400 people."

Li Mu pondered for a moment, then nodded and said, "What you said is also reasonable. The company has enough people on the technical side at present, so there is no need to worry so much about recruitment. You can keep improving and find more talents with potential."

"In addition, your human resources department should also take responsibility, and do a good job of reviewing and assessing the existing employees. If there are those who are indiscriminate, they should be dismissed as soon as possible during the internship period."

Xu Ming smiled heartily: "Mr. Li, don't worry, we are already in progress. Three people have been dismissed, and there are more than a dozen people on the watch list."

Li Mu picked up the purple clay pot, filled it up for the two of them, and took a sip.

"The tea is good, Lao Xu, I have worked hard for you during this time."

Xu Ming also relaxed a little while holding the body, and said with a smile: "It should be, it's all my job."

After chatting for a while, the secretary sent the person out.

Li Mu took out his mobile phone and looked at the stock market.

Half a month ago, seeing that the A-share bubble and the risk of leverage were too great, the regulators began to take strong measures. First, they exploded the OTC funds and blocked the HOMS system. The 5000 trillion was completely withdrawn, and then the financing and securities lending and Umbrella Trust in partial liquidation.

However, deleveraging at a high level is itself a very dangerous thing. It went straight to the collapse, and the stock market crash began, and a large area plummeted.

Now that the Shanghai Composite Index has fallen to [-] points, the dozens of companies that Li Mu shorted through securities lending have fallen even more than the broader market.

If you choose to close the position now, you will have a net profit of almost 3.5 million, but [-] points is far from the bottom.

Wait two more months, and the harvest will be even greater.

(End of this chapter)