Chapter 73: Nervous Internet Giants

Chapter 73: Nervous Internet Giants

February 2014, 2, on the third floor of Raymond Lam’s home.

"Mr. Lin Feng, nice to meet you."

The young Zuckerberg extended his hand, appearing very enthusiastic.

"I didn't expect Mr. Zuckerberg to come here in person from the United States. This is really beyond my expectation."

Lin Feng said with some surprise.

Lin Feng was really shocked by Zuckerberg's amazing ability to take action, and he also realized how powerful Zuckerberg was.

All we can say is that Zuckerberg’s success is not an accident, but a necessity.

His vision is so sharp and he has amazing execution ability. No wonder Facebook has grown into the world's largest social networking site.

"I can't help it, Mr. Lin Feng. The recommendation algorithm you developed is so important that it can determine the future of Facebook."

Zuckerberg is a foreigner as expected. He is not as reserved as the Chinese. He directly stated his purpose and needs, and also expressed his importance to the "second-generation TikTok recommendation algorithm system program."

"Haha, congratulations, Mr. Zuckerberg. Facebook has successfully reached the entrance of the next era."

When he said this, Raymond Lam already knew that Facebook would almost get a ticket this time.

Just because Zuckerberg would come in person, they were willing to pay more than any other company.

“That’s how lucky we are.”

Zuckerberg said this somewhat solemnly. After all, it is hard to say who will win the ticket to the next era.

In response, Lin Feng did not continue to be polite with Zuckerberg.

After shaking hands with Zuckerberg, he glanced at the presidents or vice presidents of various Internet companies present.

Feeling that their attitude in this negotiation was different from the last time, Lin Feng looked at Qu Qiongying on the side, and then Qu Qiongying handed a document to each company.

"12% profit share?"

Seeing that the profit sharing had increased by 2% compared to the last time, the negotiating representatives from various companies on the scene all felt a pain in their bones.

After all, even though it's only a 2% profit share, it's a huge profit considering the size of their company.

In response to this, Lin Feng nodded gently and said:

“It is indeed a 12% profit share, which is the bottom line.

Because you didn’t like my recommendation algorithm last time, I decided to increase it by 2% as a penalty. If you don’t accept it, you can just leave. ”

Since they looked down on it last time, how could they possibly get the same conditions now?
So Lin Feng increased the profit share by 2% as punishment.

"It seems that everyone is reluctant to leave. In that case, let's get started."

Looking at the negotiators who did not leave because of the 2% profit share increase, Lin Feng said directly:

"Regarding the authorization of recommendation algorithms, let me first introduce you to the second-generation recommendation algorithm."

When he said this, Lin Feng inserted a USB flash drive into a 70-inch LCD TV screen with an external interface.

Then the screen of the LCD TV changed to various information of the second-generation Tik Tok recommendation algorithm system program.

"The second generation of Douyin's recommendation algorithm system is a world apart from the first generation. For example, in the video field, if the first generation could achieve 70% accurate push notifications, now it can achieve 95% accurate push notifications.

The 5% error is intentional in order to test what users like and are interested in, and then to build a user model that is updated, enriched and complete.

Compared with the first generation, our second-generation recommendation algorithm can now be applied to almost all fields, including news, music, online shopping, social media, etc. You can compare the specific effects to TikTok!
I will only keep three tickets for each industry, no more than four. One of them must be from abroad, and one must be from China. As for the other two, it depends on their own strength and the price they are willing to pay. "

After hearing Lin Feng's words, some people at the scene breathed a sigh of relief, while others became nervous.

Those who are relaxed in the social media industry are Facebook President Zuckerberg and another vice president of Twitter.

Because there are only four social media companies now, theoretically they can divide up the four tickets respectively.

As for the people with nervous expressions, there were even more. Among them, the one who deserved Lin Feng's special attention was Susan, the new president of YouTube who had just taken office for less than two days.

As a woman, Susan is not very good-looking and she is not very well-known on the Internet.

Not many people know her, either at home or abroad, but she is actually a super woman.

Whether it was during her time at her former employer Google or her contributions to YouTube after she took over as president of YouTube, she was enough to be called a superwoman. Ten years later, she was described by the media as "the most inspiring leader in the global technology industry."

After taking a sip of the tea in the cup, Lin Feng looked at the people at the scene and said:
"The first thing to do is the video field. Currently, Bilibili and Douyin short video each occupy two tickets, so there are two tickets left. These two tickets will choose one from China and one from abroad."

Upon hearing this, the faces of the CEOs of video businesses at home and abroad all became solemn.

"First, let's talk about foreign video websites. Currently, there are three: Netflix, YouTube, and N-Station.

Here is a piece of paper. Please go to the next room and write down the price you are willing to pay to get the recommendation algorithm.

The longest duration is 5 minutes, and I will choose whoever offers conditions that satisfy me. "

Hearing Lin Feng's words, everyone at the scene smiled bitterly.

They didn't expect Lin Feng to use this kind of secret bidding method. They are going to be in trouble next.

At this moment, they were so angry, hating why the original negotiation team did not quickly get Lin Feng's recommended algorithm.

Now that Bilibili, Douyin, and Bilibili's live streaming platform have achieved huge success, their voice has become lower and the profits they give up have become higher.

However, although thousands of thoughts flashed through the minds of the negotiators, this did not prevent them from writing down on their respective pieces of paper the profits their companies were willing to offer.

Soon, after a few minutes, Qu Qiongying collected the secret bids and discounts offered by various companies, and then as Lin Feng read them, she found that YouTube was the one that best suited Lin Feng's taste.

Because this YouTube channel directly caught Lin Feng’s weak spot!
In this note, in addition to the monthly top recommendation resources, they also promised to work hard to control the public opinion on YouTube and shape Lin Feng into a top UP host on YouTube.

It said that if there is any video with negative comments about Raymond Lam, a policy of 'no recommended resources' will be adopted to indirectly eliminate negative public opinion against Raymond Lam.

Finally, in terms of profits, YouTube also agreed to give a 15% profit share, which is 1% more generous than Netflix.

It can be said that Susan is worthy of being the famous super woman in her previous life. Not only is she courageous and sharp-minded, but she also directly grasped Lin Feng's pain points and solved Lin Feng's pursuit.

"I now announce that YouTube has obtained authorization to use the second-generation recommendation algorithm system program."

Lin Feng directly announced the winner of the overseas video website, which also made YouTube's new president Susan breathe a sigh of relief.

“The next step is domestic affairs.”

Following Lin Feng's words, the negotiating representatives from domestic video websites such as Youku, Penguin Video, iQiyi, and Tudou all became nervous.

(End of this chapter)