Leisurely Network CEO Li Zhu: Two years domestic video site will be eliminated 99%

Now active in China's nearly 200 video sites, is about to usher in a survival crisis. Leisurely network CEO Li Zhu yesterday reluctantly to the reporter forecast, within two years, 99% of the domestic video site will be eliminated. If this prediction is true, it will mean billions of dollars in venture capital to ashes.

2006, the United States video-sharing website YouTube by Google to buy a billion of U.S. dollars, which makes domestic entrepreneurs and the wind to rejoice, have to throw money into the emerging video field, video site at the most time reached nearly 200 home. But Li Zhu yesterday to reporters that, according to his knowledge, less than half a year, there have been a number of small video business closures, "network video industry reshuffle has begun, next year will be fully aware of the pattern, the end may be only three or four."

"The sudden ebb of venture capital from the end of last year has had a huge impact on the industry," Li Zhu said. "If entrepreneurs don't get a clear business model, or see no hope of profitability, venture capitalists will not continue to hit the money." ”

It is reported that the beginning of this year's government regulation of the storm, but also let investors more cautious, "in fact, many video companies are facing a ' famished ' situation."

The situation of oligopoly is beginning to emerge, and the last is the enterprises with deep pockets. The network has recently received 23.5 million of dollars in investment, and PPLive, PPStream and other large video sites also strive to obtain resources to support the "winter."

Li Zhu said, just like the establishment of several major portal sites, the final pattern of the video field is likely to be "three points world", two years or so, the market will be left only three or four in positioning and profitability of the difference in the mode of the video enterprise.