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Chapter 202 Shocking You With Your Thoughts...

Chapter 202 Shocking You With Your Thoughts
Zhang Yiming.

Founder of ByteDance.

Its main products include Douyin, Toutiao, Watermelon, Volcano, Early Connotation Duanzi, and so on.

If you use the most popular slogan in 09, Xiangpiaopiao milk tea sells more than 3 million cups a year, and if you connect the cups together to circle the world, ByteDance's products can kill netizens for as long as several epochs.

Zhang Yiming graduated from Nankai in 05, and first worked with a senior brother to make enterprise office collaboration software. Unfortunately, this product died soon at that time.

Later, he joined Kuxun, which was still a small company at the time, and became employee No. 003. With his excellent technology, he was promoted to technical director a year later, and then promoted to the chairman of Kuxun's technical committee.

It's a pity that the good times came to an end this year. In the wake of the financial crisis, internal conflicts broke out in the company. The CEO and COO of Kuxun were kicked out of the company by investors, so he could only pack up and leave.

According to the development trajectory of another time and space, he will stay at Microsoft for a while first, and then he will not be Meituan Wang Xin but a member of Fanfou Wangxin's team. Unfortunately, he will meet Fanfou.com a year later. Regulatory issues were shut down indefinitely.

Walked out of Fanfou, started his own business, and built Jiujiufang with the foundation he had acquired in Kuxun.

Jiujiufang’s development is not bad, but real estate search was too small in the past. Unwilling to be lonely, he has already felt that the PC era has come to the end, and mobile apps are new opportunities in the future, so he finally started to set up Toutiao.

However, most of the above resumes are based on failures. In addition, he is introverted and quiet, and he does not know how to brag. He is a product manager. Even if he is worth hundreds of billions in the future, he will still wear jeans and shirts, so the bytes at the beginning are taken for granted. are not favored.

This also led to countless well-known investors who had seen Byte’s project at the time when Byte’s valuation exceeded the $5000 million mark for the first time.

Zhao Yong is one of them.

In an interview later, he once said that Zhang Yiming was too introverted, and talking to him about the project should take a whole afternoon to dig into his heart.

This is the reason he gave himself, and it is also the reason countless investors gave him.

The real situation is that they didn't understand the Byte project at all at that time.

What push, algorithm, big data
This was still just a fantasy in the eyes of countless investment banks with vicious eyes at that time, and these people were all the best of the best.

The real reason for their remorse is simpler.

Byte has created one-third of the total return on investment of all start-up companies in China in the past 20 years. By 2022, the valuation is [-] trillion, ranking first in China. So far, it is proud of the crowd.

Of course, he still doesn't know how brilliant he will be in the next ten years.

He had just left at Kuxun, and his mind was all about finding a stable company, and he would work for a while before looking at it.

As for coming to Shanghai to participate in Zhao Yong’s engagement ceremony, it was because Jinjiang Venture Capital was also one of Kuxun’s investors when he was working in Kuxun. The two of them had meetings and dinners together, so they were considered friends. .

It just happened to catch up with the trough of his life again, so besides congratulating him this time, he himself wanted to relax more.

But after politely shaking hands with Sister Zhao Yong, he found that the young man next to him looked at him with a slightly dull gaze, so he also started to be dull.
After a while, Chen finally came back to his senses, and shook hands with the absolute top boss in Huaxia in the future: "Chen Zui."

"Zhang Yiming."

The two exchanged pleasantries in a little embarrassment.

Then Chen Zui turned around and led the way in the direction of the BMW.

When he got in the car, he didn't start talking. Zhang Yiming was originally an introverted person, and Chen Zui's character was neither inside nor outside, but he really didn't have the skill to let him lick like crazy.

So on the way back to the hotel after the departure, the silence in the car lasted for 10 minutes.

On the contrary, my sister felt a little embarrassed, so she asked some ordinary words.

"What does Mr. Zhang do?"

"I used to do Internet search, but now I am unemployed"

Zhang Yiming is honest, and Kuxun is indeed doing this, but what it does is not Baidu’s full-category search, but classified tourism, which mainly provides air tickets, hotels, train tickets and other travel information searches. Now it is the industry leader. It will be surpassed by Ctrip in the future.

It was also because of this experience that he was later offered by an investor to be a ninety-nine real estate house. The categories are different, but the foundation is the same.

Even later, Toutiao was aimed at users, using big data and algorithms to capture users' interests, allowing users to see more of the content they want to see, and optimizing the essence of search.

Therefore, the search gene is rooted in Zhang Yiming's DNA.

Chen thought of this the most and slapped his head.

Is there anyone in the world who can make this type of product better than Zhang Yiming?
The group buying website he wants to build is actually no different from the travel website recommending hotel air tickets and Jiujiufang recommending real estate information, except that the recommended products are different.

Originally, Chen Zui planned to find a few programmers in Songcheng to spend a sum of money to build a website during the winter vacation, but now Zhang Yiming is in front of him.
Don’t say that he should now make headline algorithms that have been optimized countless times in the future, but as long as he can achieve the level of Kuxun’s website, will he make money?
So, when his head moved, Chen Zui coughed: "Mr. Zhang, so you are a programmer?"

Zhang Yiming nodded: "Yes."

"I want to make a website, but I wonder if you can do it?"

"Okay, what type of website do you want?"

Chen Zui turned to him and said, "It's a bit complicated to say, my company is an O2O company,"

"O2O?"

Zhang Yiming was at a loss.
He has only heard of B2B and various extensions of B2.

Simple analogy, the more widely known concept is that Alibaba’s wholesale website is B2B, merchants to merchants, Tmall is B2C, merchants to individual customers, and Taobao is C2C, individual sellers to individual buyers.

The concept of O2O was proposed by Alex Rampell in August 2011. It is Online to Offline in English. It also combines offline business opportunities with the Internet, making the Internet the front desk for offline transactions.

So don't say that Zhang Yiming, the big bull in the future, doesn't understand now, even if Xiao Ma Da Ma is sitting here now, he can't understand it.

Chen Zui scratched his head, because now Ali’s well-known B2B business is completely different from O2O, and the functions required to make a website are also different, so he can only explain it from B2B, and then extend it to O2O, let Zhang Yiming understand this concept understand.

After talking for a full 5 minutes, Chen Zui blinked: "Do you understand?"

Zhang Yiming's comprehension ability is very good, and he nodded immediately: "Understood, but I have never heard of this concept before."

Chen Zui: "It doesn't matter. To put it simply, this website needs three background systems, an internal system for easy management, a merchant system for them to log in to view their own product data, put products on the shelves, etc., and an external C-end to face customers normally. system"

Zhang Yiming knew all of these things well, but after hearing what Chen Zui said, he didn't quite understand why a C-end system that normally faces customers was used, so he asked, "What functions does the customer system need?"

Chen Zui coughed: "Record what each individual user has bought the most recently, what he has browsed, and what he is interested in, and then use these to form an analysis. After the customer logs in to the website, he will be interested in, recently bought There are many good products in the form of recommendations, which are presented in front of his eyes in a simple and straightforward way.”

【shameless! 】

[Want to prostitute the algorithm for nothing, right? 】

【Yiming, Yiming, don't be fooled】

Chen Zui's calculations rattled.

The reason why Byte Future’s products are addictive is that by analyzing user behavior and using a set of powerful core algorithms, every user can see what they want to see.

Leaving aside the side effects of the information cocoon room for now, if his group buying website can push their favorite products to their eyes by recording user behavior, it will inevitably increase the payment rate.

The increase in the payment rate means that not only the platform makes money, but also the merchants make money.

In the O2O model, merchants will attract more merchants to join if they make money, and enrich the product line, so as to become bigger and stronger.

Therefore, if possible, Chen Zui would certainly like to prostitute Zhang Yiming's algorithm, even if it is naive, incipient, and unformed, but using algorithm analysis through big data must be a future trend.

And what he said completely made Zhang Yiming, who was originally his own idea, stupid in the future.
Hearing this, he was almost dumbfounded.

Then he suddenly felt enlightened.

It was as if the second channel of Ren and Tong had been opened, and for some reason, the body and mind became more comfortable.
【Shock you in your way.】

【Leave me alone, I am also stupid】

Chen Zui looked at Zhang Yiming's ordinary face, seeing him wandering for a long time and couldn't extricate himself, and felt that it might be a bit embarrassing for him who hasn't grown up yet, and the prostitution algorithm might be useless...
So I took a half step back and said, "It doesn't matter if you can't do it, it's okay to be a normal mainstream website."

Zhang Yiming raised his hand at this time: "No, Mr. Chen, your idea is very good!"

While speaking, the BMW car turned a corner, and a beam of light came in from the window, which was reflected on his glasses, making Chen Zui almost unable to see his small eyes at this moment, and he could see the light in his eyes.

At the same time, he said: "I'm not sure if I can do it, but I'm willing to accept this challenge!"

Chen most didn't know why now he looked at him who was thin and thin, but now he suddenly felt tall
Maybe this is what is in the bones of successful people.

They are all willing to challenge themselves.

But it doesn't matter, the other thing that Chen is most concerned about is: "How much money will it cost?"

Zhang Yiming waved his hand: "We are all friends, let's not talk about money first."

(End of this chapter)

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