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In the evening participated in the TechWeb generosity advisory sponsored it Longmen, this issue of the keynote speaker is CNET China president Wang. I sat next to Uncle Bing and took his new business card and found out that he had gone to CNET. Later Wang speech was also specifically said, and Bing uncle was originally as his "friends and relatives Regiment" to participate in, because he was afraid to speak of the bad. This is Wang's modesty, in fact, he speaks very well today, especially in the interactive link with the audience.
In listening to Wang speech, I have two points of the deep experience, one point is the business aspect, one point is the mentality aspect. First say business:
Wang said that in CNET's acquisition of a series of websites, Xcar by them as a classic case, even the US CNET's bosses have repeatedly mentioned, in addition, Xcar this year is also a quarterly quota. Wang's introduction, should be given me a prior guess--cnet all the acquisition of the site, I think the most "valuable" is xcar;xcar actually do a little, should be a separate listing of the site.
I look at the site generally from 3 angles: first, the site of the industry's "card" is big enough-"card" in fact, and the industry itself, but in your industry value chain "location." Many VC said investment is to see the industry, in fact inaccurate, we actually look at the industry's "card position." Card good bit, a "small" industry may be born to a big website, for example, Deliang Chemical network, how vertical an industry, but his card is very good; second, "Live" users and business flow is unified-some sites, such as some blog sites, the user claims tens of millions of, in fact, what is the use Ah, The key is whether the user is in the main business model of the site "live". And then blog site for example, if you blog site every day really blog people only thousands of, to see the beautiful pictures of millions of people, it is not; third, the "network effect" on the competitors formed a high threshold for entry.
Above 3 conditions, it is difficult to have the website exhaustive, especially difficult in the first article. However, Xcar is three conditions are available, I am too optimistic, optimistic about the N years. To make a joke, suppose I am a person in the investment company, I will buy Xcar 2 years early. Please note that I am optimistic that xcar is irrelevant to whether he is a "vertical website". The reason for this is that it is now because of the successful listing of the network, the domestic and blowing up an industry or vertical wind-this is not necessarily right. Xcar is worth acquiring, not because he is a vertical website, but because he meets the above 3 conditions.
After CNET acquired the Xcar, I continued to look at the High line, and I think the xcar will be more important than zol in the next two years in the CNET website. As for CNET's recent takeover of Onlylady, I have the opposite attitude. Because Onlylady does not look also is the Community type website, but its market "the card position" is not good, the active user and the network effect also far is smaller than Xcar.
Regarding the mentality aspect, Wang thinks the internet person cannot be impetuous. He example in CNET and a webmaster talk about acquisition, originally had reached an agreement, but the webmaster to the wife after a phone call, and then the price, so the transaction failed. In the meantime, Wang said a very interesting words, the effect is "good acquisition behavior, is the sellers think sell cheap, buyers feel expensive"-this is very simple and true.
Not impetuous, in fact, I am the most personal experience of the Chinese Internet. In fact, said uttered, I full-time to do the Internet less than 3 years, but this 3 years, to say I personally to the industry most despise is what-"impetuous" two words. But this blog does not say other people, only said myself. I recently found that although I am very disgusted with "impetuous", but in the industry, as if the ship on the water, but also unconsciously downstream, contaminated with some impetuous style. Of course, my "impetuous" is not a site fraud, nor greed for money, my "impetuous" is expressed in the Ant network product design Upgrade anxiety-I am too eager to complete a good product, and ignore the good product is a number of "elements" of the composition. Only if these "elements" are done well can there be a good product.
To put it simply, the core product application of ant network is made up of "one center, three basic points", our whole team can make a passable "product" only if we do a steady "one center, three basic points" element.
Not impetuous, ordinary heart, very road--these nine words easy to say, do it in fact difficult.
The above is a lecture by CNET Chinese president Wang. In fact, also borrow Wang speech, the idea of their own.
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