Global monopoly of technology

Compared with the overseas version, the domestic version of Bluestar Music was launched, and 2.25 million songs were free to listen to. The last six months have been prime time because there are no music players on the market, such as [QQ] and [] [] These follow-up projects can only go online in half a year or even longer.

Qiao’s gang is proud, but domestic entrepreneurs don’t care about these things. Just take a gourd and draw a scoop first. There is nothing wrong with Bluestar Music’s function. Changing the skin and terms can perfectly circumvent the law. risk.

However, some functions can not be imitated by imitating. For example, Bluestar Music intelligently recommends similar songs according to the user’s listening habits. These have high technical content, especially the algorithm requirements, and it depends on the engineer’s technology. Strength.

Therefore, even if the project that follows the trend is launched in a hurry, its user experience is definitely not as good as that of Bluestar Music.

Unless you go to dig for the engineers of Bluestar Technology, the employees who enter Bluestar Technology are now very popular in the industry. The IT industry is originally a sunrise industry, and an employee who comes out of Bluestar Technology is rushed by the industry.

Without him, being able to enter this company has already completed the screening itself. It must be an elite in the industry. Just like the engineer returning from Silicon Valley, this is more sought-after than the employees of Bluestar Technology.

However, people who have a career experience in Silicon Valley basically start their own business when they return to China. If they work, he will not be able to return to China, but will continue to stay in Silicon Valley. The reason is simple. The annual salary of Silicon Valley engineers starts at $70,000, which is equivalent to Nearly 580,000.

Domestic companies that can give such treatment can be counted with one hand.

Therefore, the engineers of Bluestar Technology are in demand, but they have to face a new problem if they want to dig into Luo Sheng's corner.

First of all, the treatment issue should at least be more in line with Bluestar Technology. There are really few domestic Internet companies that can compare the treatment of Bluestar Technology. If the money is not available, it is difficult for men who want to dig people away.

When the money is in place, it is not the talent but the talent.

I am afraid that there is only one company that can give money in place, and that is Huawei, but Huawei is a communications equipment manufacturer, not an Internet company.

With the money in place, what about the working environment?

Apart from other things, the food culture of Bluestar Technology has already nurtured all employees, not food but also food, employees go to work in other companies, it is not necessarily used to it.

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In the next six months, Luo Sheng set the goal for the Bluestar Music Project Department to become the necessary software for the installation of major Internet cafes across the country. Taking advantage of the fact that there are no other competitors entering the market, he frantically grabs the market and breathes. Directly allocated RMB 80 million for promotion, which is not enough. The copyright agreement has spent 1.67 billion. The company now has about 1 billion, and the funds are quite abundant.

Luo Sheng wants to win more than half of the market share by the end of this year. The biggest competitor is Baidu's Mp3 search. Baidu now has two core traffic positions. The first one is naturally search engines, followed by mp3 search and mp3 search. For the whiteness came huge traffic gains.

If it weren't for Luo Sheng's half-hearted humiliation, Baidu actually has three positions now, and the third one is the post.

However, Tieba has now become a related product of Yunge Search. Although Baidu Tieba has been launched in a hurry, Yunge Tieba has become popular in China during this period.

As the senior product manager of Yunge Tieba, Li Mingyuan brought the traffic of Yunge Tieba to a new peak in a short period of time by relying on the close search mode and the operation of "Super Girl" entertainment events.

As of May now, Yunge Search internally has reached the traffic ratio, and the data of Tieba has soared to 22%, and the current growth rate of Yunge Search is second only to Baidu. Yunge Tieba and hao123 have contributed.

Baidu now regards cloud search as the number one competitor. It used to be Google. Now Google is ranked behind, and the threat of cloud search is ranked first.

The launch of Bluestar Music once again caused Baidu to tremble suddenly. This is Jianzhi Baidu's second largest traffic position mp3.

But what I have to say is that Baidu responded very quickly. On the second day after Bluestar Technology launched Bluestar Music, Baidu immediately realized the importance of PC music.Immediately on the third day, Baidu sent someone to contact Qianqian Music, a domestic music portal, and initiated an acquisition. Bluestar Technology suddenly entered the music field, and Qianqian Music was also panicked.

Under such a background, the two sides hit it off. Qianqian Music has no financial advantage, but it has whiteness and MP3 does a good job. However, Bluestar Music is backed by Bluestar Technology. Although it was just born, it is coming aggressively. Technology's products have strong linkage capabilities. Facing this all-round offensive, Baidu dare not take it lightly.

This year, the domestic Internet has become more lively than ever, and the aftermath of the bursting of the Internet bubble has not been dissipated. However, the competition is full of gunpowder, and it has become more and more intense, which also drives the domestic Internet field to start late but develop rapidly.

At present, only Ahri is the only one of the "BALT" Big Four. The other three are extremely fierce, and they have started the melee mode, but Ahri is also in the same way with others.

QQ and Blue Space are fighting each other. One is a virtual social network, another is a real-name social network, and the user core is primary and secondary school students, and the core user core high school students and college students. At the same time, they are divided into groups of giants with a size of more than 200 million. .

The newly-emerged blue space is losing out on QQ, and what is losing is user activity. The two sides compete fiercely for users who open more products, take longer, and more frequently.

With the launch of QQ space, Tengxun finally made a fortune. The first quarter revenue of this year's QQ show reached 128 million yuan in revenue, allowing Tengxun to find a strong breakthrough in realizing. In addition, qq games also performed Eye-catching, surpassed Lianzhong this year, which gave Tengxun a taste of the sweetness and finally found a new business growth point.

Bluestar Technology is still struggling with Baidu. The domestic search engine market is now in a mess. Yunge, Baidu, Sogou, Soso, Google and other messy search engines, etc., the competition here can be said to be In the fiercest position, the whiteness is the most uncomfortable.

Ah Li is not out of the picture. Its Di Bao and eBay are hot, and Dangdang, and this year's Ma boss is secretly preparing for online payment product Alipay.

This year, the domestic Internet has been competing with hundreds of thousands of heroes, and fierce competition is rapidly driving the rapid development of the Internet.

And just in the middle of this month, another Internet company became the protagonist. On May 13, 2004, Chen Tianqiao rang the bell on NASDAQ, and "Legend" sent the grand event to NASDAQ. The IPO financing amount was 1.52. With a market value of nearly 800 million U.S. dollars, it has become the Chinese concept internet stock with the highest market capitalization in Nasdaq today. This company has the presence of SoftBank Capital and owns more than 20% of Shanda's shares.

In comparison, Bluestar Technology received US$325 million in its Series B financing, with a valuation of US$3.25 billion.

Tengxun’s listing is getting louder and louder, and there are multiple rumors in the industry. There is no doubt that it will be listed this year, but until now the specific listing time is still uncertain. Some people speculate that it will be next month, that is, June. The uncertain place is the listing location. First of all, A shares can definitely be ruled out, because Tengxun has just completed a financial turnaround, so the suspense lies in listing in Hong Kong or listing in the United States.

Although Tengxun is currently facing such a strong competitor as Bluestar Technology, the market is not pessimistic but optimistic, because Tengxun holds shares of Bluestar Technology and is Bluestar’s second largest shareholder and the largest external investment shareholder. .

The current valuation of Bluestar Technology is definitely above US$3.25 billion. If the market is most awaiting listing of domestic Internet companies, it is none other than Bluestar Technology. Now that it has just passed the B round of financing, the valuation is already far ahead. Shanda just went to the US to go public and IPO financing is not half of the B round financing of Bluestar Technology.

The market is more optimistic about who is more optimistic.

Many people don't dare to imagine what kind of grand occasion Bluestar Technology will be once it develops steadily until the day of its IPO, but it is certain that it will be a gluttonous feast in the capital industry.

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