Investor That Can See The Future

Chapter 375

It is not difficult to create a platform with similar functions to A-Tube. But making a platform like A-Tube is very difficult.

A-tube is already crowded with creators and users. In one day, there are enough videos to watch for over 20 years.

If you want a lot of people to watch, you have to upload a video to A-Tube, and if you want to see a lot of videos, you have to use A-Tube.

Numerous companies advertise here, and A-Tube distributes advertising revenue to video producers. Then, A-Tubers upload more interesting videos to get bigger revenue, which attracts more viewers.

“This is possible because we have already secured a large number of users. This is not something you can say to pour money into. And Guble is not a company where money can be pushed.”

Taegyu said.

“But, can’t we eat the game broadcasting market using Serana? Game broadcasting requires permission from the game company, but we are the ones holding the key.”

If we create a specific platform and allow Serana game broadcasting only there, both those who want to make videos and those who want to watch will inevitably flock there.

“Yes, but how long will you come?”

Taehyung said confidently.

“A role-playing game is a role play. It starts with a TRPG, where an ordinary student or office worker plays a wizard or a knight. And MMORPGs, large-scale multiplayer role-playing games, are a huge collection of such characters. So, VRMMORPG, enjoyed by hundreds of millions of people, is not just a game, but itself becomes a world and history. Then a lot of people want to know what is going on there, and don’t they want to know?”

I thought of Disney and Netplay.

Disney decided to stop supplying content to Netplay and set up its own platform because it is confident that people will come to watch its content.

Was I thinking too lightly because I was stuck in the frame of a game?

As Taek-gyu said, this is not a game, but a huge world. Maybe Disney can put the content it has built up over decades into a single game.

Disney continues to create new content using existing animations and characters. Theme parks, character industry, musicals, live-action films, etc.

Marvel, which was acquired by Disney, sold the Spider-Man movie rights to Sony Pictures about 20 years ago for a low price of $10 million.

At that time, Marvel’s management was extremely difficult, and there was no interest in filmmaking. Interestingly, at the time, Marvel was trying to hand over the rights to other characters’ movies for $25 million. But Sony Pictures refused and took only Spider-Man.

As the Spider-Man movie series made by Sony Pictures became a hit, Marvel also set up its own studio and started making films with other characters, now earning trillions of dollars from one movie.

In this way, depending on how you use the content, you can generate additional revenue.

Serana’s success will greatly grow not only the game market, but also the game broadcasting market, and many creators will start producing content competitively.

If you just let A-Tube do this, you’re only doing good things.

If we can exclusively broadcast content enjoyed by hundreds of millions of people, wouldn’t it be possible to create a platform that can compete with A-Tube based on this?

Taehyung shrugged his shoulders.

“Well, or not.”

I shook my head.

“No, that’s a great idea.”

* * *

I looked through the relevant material.

Video sharing platforms including A-Tube were focusing on securing creators who broadcast games and attracting exclusive content.

Videos related to Lost Fantasy were also substantial. After a movie or drama is released, it is only watched and reviewed, but a game can continuously create new images through play.

While we were making money from our games, A-Tube was also making money using our games.

Well, there’s nothing wrong with publicity, but… … .

In recent years, the content market has grown rapidly.

There may be reasons for the development of the Internet, communication networks, and production technology, but the main reason is that the working hours have decreased and leisure time has increased.

This is also due to the fact that labor productivity has greatly increased due to technological advances. Working hours will continue to decrease in the future, and the content industry will grow even more.

I held a meeting and summoned the team leaders.

After listening to my explanation, Sangyeop senior said.

“But isn’t the game a bit lacking in popularity?”

Unlike movies, dramas, and animations that almost everyone enjoys, games are mostly played by people.

No matter how successful Lost Fantasy Mobile and Online are, there are many people who do not know or are not interested in them.

Taegyu said.

“In other words, it means that the market is likely to expand that much.”

I said with certainty.

“The VRMMORPG Serana released by OTK Games is sure to succeed. It will go beyond games and become a genre of popular culture enjoyed by people all over the world.”

Team Leader Seo Sang-hyun asked.

“How many users do you predict?”

“Wouldn’t it be 500 million people?”

Everyone looked shocked at my words. It’s hard to believe that about a tenth of the world’s population plays the same game.

Taegyu said.

“It is by no means impossible. Not only Korea and Japan, but also the United States, China, and India. Rather, it is likely to be more successful in emerging and developing countries. Gaming is the least expensive leisure activity.”

“Do you not need any equipment to run the game? It would be an insignificant amount for workers in emerging countries.”

Taek-gyu replied as if it was natural.

“There are PC rooms and PS rooms for those people.”

Considering how much money the PC room owners raked in the early days of StarCraft, this is also a promising derivative industry.

They were skeptical about the number of users, but they all agreed that it was necessary to predict the economic, cultural, social, and industrial changes following the success of the game and prepare accordingly.

Taek-gyu asked the head of the PR team.

“I want to make a game video sharing platform, is there any good place?”

Team leader Jeong Ki-hong responded vigorously.

“I’ll find out right away, deputy chief!”

* * *

As part of its social contribution activities, OTK Company collaborated with Golden Gate to create OTK Gate. This is a shared office that supports start-up space.

Not only did they share offices, but they provided legal services such as company establishment, partnership agreements, patent acquisitions, equity purchases, company sales, and closures, various advisory services in corporate activities, and connected angel investors.

The OTK gate, which first started in Gangnam, has since expanded to Gangbuk and the metropolitan area, and is now built in each metropolitan city.

Korea’s shared office market was practically close to short-term office rentals. Although it has the advantage of reducing various incidental costs such as real estate brokerage fees, utility bills, internet costs, and furniture purchase costs, the cost was prohibitively expensive even considering that point.

However, compared to the cost of OTK gates at 20 percent, the facilities and services are better. As the space continued to expand, so many founders wanted to move in, so they had to be selected through a screening process.

It didn’t matter when there was only one OTK gate in Gangnam, but as it spread across the country, companies that were running shared office businesses expressed dissatisfaction. However, they also tried to differentiate themselves by lowering rents and strengthening services.

As the start-up environment has greatly improved, more and more young people are taking up the challenge of starting a business.

Korea has a disadvantage in that the market size is small compared to the US and China. But there were also advantages. It has the world’s highest Internet speed, smartphone penetration, and computer use rate, and a whopping 20 million people live in the metropolitan area alone.

Here, you can experiment with new ideas and products.

Global IT companies dominate the Internet market, including search sites, SNS, and shopping malls. However, there was clearly a gap.

At OTK Gate today, many founders were trying to find new opportunities. The most successful company here is Pool Riding, which created a carpool service.

This startup, created by students from Hankuk University, was acquired by K Company for 15 billion won.

This gave a good stimulus to other founders as well.

If you have a good idea and the ability to put it into practice, you have witnessed before your eyes that you can succeed.

After graduating from the Department of Electronic Engineering at Hankuk University, Yeom Tak-hoon got a job at a large corporation.

Fortunately, he succeeded in moving into the OTK gate.

What they envisioned is an application that allows anyone to easily create and share videos.

As A-Tube is getting bigger and bigger, it is difficult to attract subscribers without high-level video shooting and editing skills. There were even academies that specialized in filming and editing.

So, we developed an application that allows you to shoot short videos with your smartphone, edit them, and easily add various effects and BGM.

The idea was good, but the road to starting a business was not easy. What is most lacking is funding. I met with investors and tried to persuade them, but they were all negative because there were many existing large companies.

After lunch, Tak-Hun Yeom rented a conference room with his staff after lunch.

“Since there is no money to spend on publicity, we are going to strengthen the community function and attract new users through word of mouth… … .”

But towards the end of the meeting, suddenly there was a commotion outside.

Everyone turned their heads out.

“what?”

“What’s up?”

Someone shouted outside.

“You came after the Gangjin!”

“What, Jinhoo Kang?”

“I’m coming up in the elevator now!”

“Wow! Really?”

The people in the conference room were startled.

Jinhoo Kang made the OTK gate, and the company is nearby. Even so, she was a very busy person, so she hardly ever visited this place in person.

“Aren’t we supposed to go out too?”

“I don’t have much time left, so I won’t be able to use the conference room when I come back.”(Read more @ wuxiax.com)

“Is that important now? The meeting can be held later in the cafe.”

“Yes. Do you want to see your face after the earthquake or now?”

“That, right?”

Kang Jin-hoo is a superstar in this industry. No, she was more than a star, she was a mythical being.

He is the most famous investor of the 21st century, and became the world’s richest person in his 20s. What’s even more surprising is that he got to that position on his own without any property he had inherited from his parents.

Is there any joke in the world that only Korean politicians are funny after the earthquake?

‘Would it be possible to get one autograph?’

Opportunities like this do not come every day.

Yeom Tak-hoon, who was about to run out of the conference room, realized that there was no need for that. Because Jinhoo Kang entered the conference room.

Yeom Tak-hoon has always emphasized to his staff that he is five years older than Kang-jin. But when he met, he bowed his back 90 degrees.

“Hello, CEO Kang Jin-hoo. It is an infinite honor to meet you like this.”

The staff looked like they knew it.

“You must have been in a meeting.”

“Oh, yes. That’s right.”

“Am I not disturbing you?”

“Oh, no! I am always grateful to be able to work in this space.”

Jinhoo Kang sat down on an empty chair naturally.

“Nothing else, but I’m interested in the to-go box.”

“… … Yes?”

For a moment, he looked at the staff, wondering if he heard something wrong. Seeing that the employees are also making expressions that they must have heard it wrong, I don’t think they heard it wrong.

‘suddenly? Kang Jin-hoo is interested in our company?}”

Yeom Tak-hoon swallowed his saliva involuntarily.

At that moment, everyone in the conference room had the same thought.

‘Is this the chance of a lifetime?’