Chapter 267 ByteDance Co-founder

During this period, Zhang Yiming was not unprepared. The person facing him was a billionaire, although he looked as young as himself.

The two of them each ordered a cup of ordinary medium-sized coffee and started a conversation that would change the future landscape of the Internet.

It was mainly Zhang Yiming who was talking and Chen Mo who was listening, occasionally interrupting to ask questions or add a few words.

Chen Mo's targeted approach always made Zhang Yiming's eyes light up again and again, and inspiration came like an avalanche, connecting all his previous ideas together in an instant.

When talking about excitement, Zhang Yiming grabbed a napkin from the coffee shop, drew a flow chart and prototype on the paper, and explained the entire product idea he had conceived.

Chen Mo looked at the crude tissue with burning eyes. He could see that the prototype vaguely resembled the later Toutiao.

He understood what Zhang Yiming was saying now, and what he wanted to do next was actually to change the current entire information distribution model.

He knows better that this model will change the entire Chinese Internet landscape
Over the past decade, with the continuous development of the Internet, information distribution can be divided into two stages.

1.0 is the portal era, represented by portal websites such as Sina, NetEase, and Sohu. They are mostly distributed through editors. The editors choose which content is worth putting in a prominent position for everyone to read. People get news and information in a relatively passive way.

2.0 is the era of blogs or Weibo, where products and content are distributed based on interest-based reading, but it is more of a user-selected method, which is similar to the RSS subscription method. If you subscribe, it will be distributed to you; if you don’t subscribe, it will not be actively distributed to you.

The same goes for blogs or Weibo. Follow channels that interest you, such as digital, film, television, games, music, etc., and then some big Vs will be recommended to you. After you follow them, you will see the content posted by the corresponding big Vs.

This method of focusing on or subscribing to users still seems clumsy and remains based on distribution mainly based on user behavior.

Last year, mobile Internet had just emerged and there was a lot of work to be done. No one knew how to make mobile Internet products, and most of the work was done by copying the functions of existing PCs.

In other words, the mobile Internet will be made like the products on the PC, and the operation and interaction of the app are very similar to those on the PC.

Even as powerful as Tencent, mobile QQ is just a ported version of the PC version in the traditional Internet era.

It can be seen that this is how people understand mobile Internet, because this kind of copying and transplantation is the safest way.

What Chen Mo and Zhang Yiming were talking about was the 3.0 version of information distribution, which means that information distribution uses viral transmission or machine methods instead of active attention, which is a very important change in the future of mobile Internet.

This distribution method is based on big data, machine learning and artificial intelligence. This technology can search for your hobbies, your potential concerns, or your habits based on the different interests of different people, and then recommend content that suits your taste.

But the concept is very forward-looking in 2012.

It was because Chen Mo completely understood the scene described by the other party that he was even more impressed. Although this guy is not tall and has a temperament a bit like Conan, and looks like a baby-faced technical manager at best, his insight and foresight are absolutely top-notch.

Some people are indeed geniuses, a genius who can talk for 5 hours with a cup of coffee.
However, Zhang Yiming proposed another product concept, which is a website that collects various funny and meaningful content. He intends to use this as a direct entry point, one is to polish the team, and the other is to accumulate original users and divert traffic to Toutiao.

Chen Mo denied this and reminded, "Have you forgotten what I do?"

Zhang Yiming suddenly realized that the other party was not only rich, but also the head of WeChat, which currently has the largest traffic. If he wanted traffic, he could directly divert it from WeChat, which is a natural and huge traffic pool.

"We will focus on polishing this news portal product and polishing the core recommendation algorithm through the product. With this intelligent and accurate recommendation algorithm, the future will be smooth."

Chen Mo also helped to complete some key links in his urgency, demonstrating his own voice and ability, and the other party nodded repeatedly, just because what he said was true.

Seeing that it was getting dark outside the window, Chen Mo felt that he had finished talking, so he couldn't help but yawn and prepared to end it. "Let's talk about the funds and shares. How should we divide them?"

Brothers should settle accounts clearly, and Zhang Yiming has started several businesses and is not a rookie who just graduated.

After some bargaining, Zhang Yiming contributed the work and Chen Mo provided the money and key suggestions, so Chen Mo invested 100 million US dollars in his personal name in the early stage.

The two co-founded a new company, with Chen Mo holding 51% and Zhang Yiming holding 49%.

Seeing that Zhang Yiming still had concerns, Chen Mo said, "Don't worry, I won't interfere in your affairs on weekdays. Besides, the company will definitely need help from the other side in the future. 51% is fair!"

Zhang Yiming thought about it, admitted that what the other party said made sense, and agreed to the plan proposed by Chen Mo.

In fact, he had no choice but to agree, because in the past month, Zhang Yiming had actually met with several investors privately, but those people either didn't understand what he said, or even if they understood, they felt that the risk was too high.

No one was optimistic about his idea, and no one supported the product he mentioned.

One of them was willing to invest 100 million RMB because of their past relationship!

After going around in circles, Zhang Yiming found that only Chen Mo understood him, and he even felt that the other party's understanding was better than his own.

So when Zhang Yiming figured this out, he was pleasantly surprised to find a soulmate in the world. Out of caution, he confirmed it one last time, "You really won't interfere with the company's daily operations?"

Chen Mo took Zhang Yiming's hand and they shook it. "Brother, I make tens of thousands every day. I'm very busy, okay? How can I have the energy to take care of you? I'll take care of the key issues for you. Just put your mind at ease and move forward boldly. I'll cover you from behind.

Come to my office tomorrow morning at 10 o'clock and we'll sign the agreement."

"Okay!" "Are you hungry?"

Gurgle, Zhang Yiming's stomach answered for him, and he smiled awkwardly at Chen Mo.

"Come on, to celebrate our new beginning, I'll treat you to a meal!"

Zhang Yiming waved his hands repeatedly, "No, no, no, I'll treat you!"

"Let's talk about it when you're richer than me. There's a barbecue restaurant next door that's pretty good. I'm almost starving. Let's eat and talk at the same time."

Chen Mo quietly put the two napkins with the prototype and flow chart drawn on them into his pocket, preparing to frame them and put them at home. This would serve as a testimony to the history of the development of the Internet.

It's also convenient for bragging. At that time, Toutiao was born on this napkin, and I supervised Yiming in drawing it on the spot.

He put his arm around Conan's shoulders and walked out.
"By the way, have you thought about the name of the company?"

“How about ByteDance?”

“ByteDance?”

"Hmm? Your name sounds better. Originally I wanted to name it Byte Dance, but um, Dance is better."

I thought that this company was also a coil factory. It was broken. Now only one of the heart and the byte can beat.
Chen Mo curled his lips secretly, damn, he is so rude.

But he changed his mind and thought that this time he had the man behind Yiming, so he let his heart and bytes dance.
The two walked out of the coffee shop and walked away
After the two left, the coffee shop clerk came over with a resentful look on his face to clean up the mess.

What kind of person is this? He is so handsome, and he always talks about monopolizing the market with millions of dollars and tens of millions of users. But he still orders the most ordinary order, and drinks one cup of coffee a day.
Fortunately, the two did not go for barbecue, otherwise, each of them would have had a skewer and the skewers would have produced sparks.

If other customers are like these two, my coffee shop will be closed within a month.
On January 1th, there is still one day until the Bi'an Annual Meeting, two days until the launch of red envelopes on WeChat, and one week until New Year's Eve.

After signing the contract with Yiming and sending him away, Chen Mo thought that the New Year was coming soon, so he asked the public relations department to buy some expensive gifts and asked them to give them to some business friends with whom he had a good relationship.

For example, IDG's Xiong Xiaoge, who had been optimistic about me but declined the other party's investment intention, and friends in the Internet circle who had attended my press conference before.

Of course, there was one person that Chen Mo and Lei Jun discussed and decided would be better to visit in person to pay their respects. That person was Zhang Rujing.

This time they flew over in the morning and sat in the old man's home for two hours. They flew back in the afternoon to visit the employees of Mi'an Xinsheng. Currently, the company has gotten back on track and is making great efforts in research and development.

Everyone is very busy.

After a whole day of hard work, the two of them returned to the company in the evening.

Lei Jun mentioned something and was a little unsure about it, so he wanted to discuss it with Chen Mo.

"There's a new two-bag disciple who wants to join the gang and wants to come in and take up a spot."

Since Lei Jun can say this, it means that Black Rain Consulting has a new candidate, and this person must have strong power behind him, otherwise Lei Jun would not discuss it with him and he would have made the decision on his own.

Now the employees of Heiyu basically have single-line contact and do not know each other. After all, Heiyu is not open to the public. The legal representative of the company has nothing to do with Xiaomi and Bia'an. There is just one of Lei Jun's absolute confidants who acts as a middleman. The three of them have a small group to pass on messages, which makes it easier to cut off ties. It is better to be safe than sorry.

Chen Mo asked seriously, "What's your family background?"

"There is someone in the court who is very popular. He is a young master!"

"Young Master, please recruit her. Just don't be a young lady. I can't handle a XXN when she gets angry."

"Well, the problem is that he hasn't graduated yet. He just started college this year."

"That's easy. Just register as an intern and all benefits will be based on the position and rank of the person at home."

"So you agreed?"

Chen Mo chuckled, "Why not? People like Xiaobai who haven't graduated yet, haven't experienced the harsh treatment of society, are consistent inside and out, can't hide anything, and can talk nonsense when encountering something, and can't be stopped. They are the good employees that Black Rain needs the most."

Lei Jun nodded, agreeing with his idea, "Okay, I'll take care of it."

Chen Mo wiped the table and yawned as he prepared to leave. "Don't be late for your flight at 9 a.m. tomorrow. Even though you are worth hundreds of billions now, the flight won't wait for anyone."

Lei Jun watched the other party stagger away, feeling a little emotional. This guy usually looked cynical, but his rare serious speeches were very mature. For a moment, he even had the illusion that he was the same age as him.

This filter was soon broken.

"Chen Mo! You shameless bastard stole my premium wolfberries again."

Thanks to "book friend 20240719121559702" for the 200 points reward, the boss is generous~


(End of this chapter)

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