My net is dead, at age 3

I network in April 2005 began operation, has always been low-key, stable known in the video industry. has developed video album products, a wide range of applications, has been leading the use of segmented buffer technology, but also by other sites to follow, has received more than 200 million yuan of financing, occupy the first camp video industry.

It has been 1 months since the June 4 shutdown. The company's explanation is that "all video data is being maintained and the system is being upgraded on a large scale". But the industry is rife because of its lax regulation of video content. Whatever the reason, the loss of these one months will be incalculable.

Capital aspects. To my network venture capital Sequoia Capital, Disney's Haina Asia Investment Fund and so on. In the second half of 2006, Sequoia Capital Investment in the first round of My network, in 2007, Disney's Haina Asia venture capital to join the round of financing, the total amount of investment in this round of more than 10 million U.S. dollars; at the end of last year, I also received from HPE, SIG and other overseas venture capital led by the 20 million U.S. Such a huge capital investment will certainly have high expectations. This happened, and do not say how to achieve the objectives of the advance, how to recover the cost, is how to operate later, whether there will be someone willing to pay for the huge risk, for the video industry this high input high-risk type of Web site, these will constitute my music network development of major issues.

Operational aspects. The inability to access for up to 1 months has caused a huge loss of users in the site. Alexa data shows that my network throughout the June, the daily visit rate dropped more than 80%, the site's traffic ranking from 3 months ago, the average 110, down to close to 1000-bit. Video site is still in a row echelon as the goal of the enclosure situation. Last year, the slogan "The remnant is king" has already explained that the video industry can not tolerate so many swarming sites, only a few occupy the oligopoly market. The Yixieqianli of My Music network, has been left behind, and very far away.

Other trifles. If I open the net again, how to end and how to start from the beginning of the need for a lot of manpower, financial resources, resources. Internal resources reintegration issues, external cooperation how to continue the problem. The gap with industry rivals. Wait, wait, all will haunt my network.

Though the grapevine claims to reopen in the near future, even so, it is a huge injury. Add money, traffic, copyrights, content, revenue, and so on. I believe that the network will be more difficult to do.