Chapter 64 Second Generation Recommendation Algorithm

At present, the number of daily active online users of our Bilibili is second only to 9158 and YY, and netizens jokingly call them the three giants in the live broadcast industry.

Even with our amazing growth rate, it is inevitable that we will surpass them in a few months.

Therefore, in the past few days, well-known anchors from other platforms such as 'Xiaozhi', 'Saonan', 'Saozhu', 'Ruofeng', 'Xiaocang', 'Miss' and other anchors have jumped to our Bilibili live broadcast platform in advance, hoping to occupy a spot in advance. "

Having said that, Xu Yi's face became excited again.

After all, so many well-known anchors have switched to Bilibili, which naturally represents the rise and prosperity of Bilibili's live streaming platform.

"Is it like this?"

Lin Feng nodded.

He didn't know most of the hosts mentioned above, but he had seen a few of Xiaozhi's League of Legends videos.

Xiaozhi's big tongue, Northeastern accent and funny style are quite impressive.

After thinking for a while, Lin Feng looked directly at He Rui, the president of Bilibili, who had been silent.

"Mr. He, I think we should officially launch the short video plan. Of course, the free novel website must also be prepared. We can send someone to the island country to discuss it first."

“Well, I know that free novel websites are easy to come by, but short video apps won’t be available so quickly.

Although we have been developing the short video APP for more than one and a half months, Mr. Lin, you have also provided us with a complete operating interface and specific function development plan, which can greatly speed up the development.

But even so, it will probably take half a month to a month to complete the development.”

He Rui is naturally very concerned about the development of the Douyin APP, even a little too concerned.

To be honest, the reason why he decided to join Bilibili was because of the prospects of the Douyin software, so he was naturally very concerned about the development of this software.

But even if he was supervising the development team in real time and urging them to speed up, there was always a limit to the speed.

"Between half a month and a month? I understand, but let them work overtime to speed it up.

We can pay them more for overtime so that they can finish the work in half a month. This way, the product can be listed earlier and we can make money earlier.”

After expressing his opinions, when both of them nodded in agreement, Lin Feng continued:

“In the agreement I signed, I promised to license the recommendation algorithm to Bilibili, but the specific profit was not determined. At that time, you were not optimistic about the recommendation algorithm, so the licensing fee was put on hold.

Now you have seen the performance of the recommendation algorithm. I don’t ask much for this recommendation algorithm. I will charge you a friendly price and take 5% of the profit. "

After hearing Lin Feng's words, He Rui and Xu Yi looked at each other, and the corners of their mouths twitched.

5% profit commission is still a friendly price, are you sure it’s not too much? !

They all felt the pain and regretted why they did not set a profit sharing ratio for the recommendation algorithm.

Now that the recommendation algorithm has shown amazing results, they are directly in a weak position and can only accept Lin Feng’s request.

After all, we can't just refuse. Once we refuse, without the recommendation algorithm, Bilibili will be reduced to its original state.

So they didn't argue too much, but agreed to the profit sharing ratio with a bitter face.

Lin Feng smiled at this. According to the previous life, Douyin's annual revenue of 2023 billion yuan in 2015, about 100 billion yuan of pre-tax profit would be his.

Of course, the actual amount will definitely be less. After all, in the past, Tik Tok’s profit model did not rely solely on profit sharing from recommendations. If the recommendation algorithm was not involved, then there would be no profit sharing.

But no matter what, there should be no problem in getting a net profit of 50 billion yuan after deducting taxes.

I just don’t know whether Douyin, led by He Rui in this life, can achieve the same results as in the previous life.

If that doesn't work, then we have to consider how to change the leader.

After all, the strongest foundation has been laid for you. Even with such a good foundation, your performance is still so poor in the end. If He Rui is not out, then who will be out?

Putting aside his thoughts about the future, Lin Feng turned around and looked at He Rui and Xu Yi, who were looking miserable and unable to express their pain.
“Don’t look so sad, I guarantee that it won’t be long before you regret being paid so little.

Because I am already developing the second-generation recommendation algorithm, compared to the first generation, the second-generation recommendation algorithm is like the difference between a BMW and a bicycle. "

After telling a lie, I recalled that before coming here, I specifically checked the experience value displayed by the TikTok recommendation algorithm.

'The first generation of Douyin recommendation algorithm system program, experience value: 123 million/600 million, source point: 165/1000.'

According to the current situation, it will take some time to upgrade the recommendation algorithm, after all, we still lack a lot of experience.

The next step still depends on large-scale publicity, otherwise the upgrade will be a long way off. Fortunately, the documentary and promotional video are now mostly completed.

This time, in addition to inspecting the progress of Bilibili, I also came here to collect video materials for documentaries and promotional films.

“Second-generation recommendation algorithm?”

Xu Yi asked with bright eyes, full of anticipation and curiosity.

After all, the first-generation recommendation algorithm is already so powerful, how powerful is the second-generation recommendation algorithm that was praised by Lin Feng?
Nodding slightly, Lin Feng gave the two of them a brief introduction to the second-generation recommendation algorithm.

“This second-generation recommendation algorithm is a large-scale improvement and upgrade based on the previous one. I won’t go into details about what it did.

In short, the second-generation recommendation algorithm can be launched in a week at the earliest and half a month at the latest.”

Hearing this, Xu Yi and He Rui's eyes became brighter.

So then Lin Feng continued to inspect the situation of Bilibili, while Chen Hang started collecting and shooting video materials.

Several old employees of Bilibili, including Xu Yi and He Rui, also cooperated with Chen Hang in the video interview shooting. There is a high probability that these interviews will be included in the documentary promotional video.

Also, it’s strange to say, it’s been a week since Lin Feng developed the recommendation algorithm.

During this week, apart from a few small and medium-sized Internet companies that contacted him, the big fish in Lin Feng's eyes, such as Baidu, Weibo, Penguin, Youku, YouTube and other websites, did not contact him at all.

I don’t know whether they are unaware of the current situation of Bilibili, or they think highly of Lin Feng’s recommendation algorithm and want to develop it on their own instead of purchasing the license to use his recommendation algorithm.

In short, up to now, a week has passed and Lin Feng has not received any calls from those big fish, which naturally made his idea fail.

But no matter what, Raymond Lam believes that as the promotional videos and documentary videos are released.

After showing the amazing results that Bilibili has achieved in the past week, its recommendation algorithm will surely become a sensation on the entire Internet. While successfully upgrading the second-generation recommendation algorithm, it will also attract those Internet giants to actively seek cooperation.

(End of this chapter)