The reason is that this field is the short video field. Filming a video only takes over ten seconds, and dozens or even hundreds of videos can be produced in a day.
In this situation, this means the barrier to entry for filming videos is extremely low, and anyone can become a small UP主!
Compared to the creativity of the vast majority of people, how much high-quality content can the content creators, who only make up a small portion of the population, create?
Therefore, Kuaishou's market positioning was wrong. They doted on mid-to-large UP hosts, which seemed to yield considerable profits, but they overlooked the issue of the creativity of the general public.
In this situation, if a relatively fair short video app appears.
This app will only push content precisely based on the quality of the video, disregarding the hierarchy of large, medium, and small creators. Even if you don't have many followers.
But as long as the video is excellent or has a viral element, it can still become an overnight sensation with tens or hundreds of millions of fans. Would you, as a small uploader or even an individual user, be tempted?
Of course, anyone would be tempted. So they would definitely prioritize releasing their short videos on this app.
And this naturally brings us a huge amount of video resources, providing a foundation for the recommendation algorithm to function perfectly later on.
With high-quality content created by a vast user base, coupled with excellent "ammunition" and a recommendation algorithm that precisely pushes videos the user likes.
This will ultimately lead to high user retention, making them scroll and scroll, spending tens of minutes or even hours on the app.
As long as users spend more time on the app, it means our profit margin increases.
Whether it's through advertising or charging platform fees for live streaming, both can bring us huge benefits."
Hearing Lin Feng's words, the scene instantly fell into a deathly silence.
Everyone's eyes were wide open, and they looked at Lin Feng as if he were an alien.
Because through Lin Feng's words, they realized that this short video app really had potential.
In fact, through Lin Feng's words, they seemed to see the rise of a short video giant!
"This thing is amazing, it has great potential!"
A small shareholder of Bilibili showed an excited expression.
"That's right, through this short video development plan, I see hope for defeating Kuaishou. This way, our Bilibili's valuation could multiply several or even tens of times in a few years!"
Another small shareholder also said with an excited expression.
"I support entering the short video field."
Xu Yi spoke his mind, a hint of excitement appearing on his face.
At this moment, everyone's gaze focused on He Rui, seeing that he seemed to be in deep hesitation.
But soon, He Rui suddenly gritted his teeth and said decisively:
"I support it too, and I will personally participate in the operation of Bilibili and short videos!"
"Huh?!"
A wave of surprise arose from the crowd, and Xu Yi also showed a hint of excitement.
"Really, you're really willing to join Bilibili?"
Xu Yi was visibly excited because he had always sighed every time they met, lamenting that if He Rui had joined Bilibili, the platform's development wouldn't be so difficult.
But unfortunately, at that time, He Rui already held a senior position in another company, so he could only refuse Xu Yi's invitation. He never expected that He Rui would join now.
"That would be for the best. With Mr. He Rui joining Bilibili, I won't have to worry about Bilibili's future development."
Lin Feng smiled and welcomed He Rui's joining.
He Rui's capabilities were indeed strong. After all, in his previous life, after joining Bilibili, he led the platform all the way to its rise.
Ultimately, he even achieved the feat of listing on NASDAQ, so his work ability was very strong, and he was a top talent.
With him in charge of Bilibili now, Lin Feng wouldn't have to micromanage Bilibili's own development issues or businesses like free novels and short videos. He could simply be a hands-off manager.
Thus, with Lin Feng expressing no objections, He Rui's entry was settled.
Next, Bilibili officially began a series of discussions on development, ultimately making plans for massive recruitment and revamping the website and app interface.
They also decided to focus on developing the live streaming business to make money first, then manage the short video business, and finally purchase copyrights to enter the free novel business.
If their plan is realized, they will be a super combination of Tomato, Douyin, and Bilibili. If they can go public, their value could reach hundreds of billions of dollars, which is not a dream.
Of course, for Lin Feng, what he cared about more was that once it reached such a level, he could, as a major shareholder, freely push traffic to the products he developed.
This is something other websites and apps cannot do. After all, they could give him a homepage advertisement push with just one phone call from Lin Feng.
But they couldn't have his videos on the homepage all the time, as it would affect their own development, and homepage ad slots represent money.
So outsiders and insiders are different. If Bilibili can develop into a super conglomerate of Tomato, Douyin, and Bilibili, it would greatly benefit his "borrowing the fake to become real" plan.
However, these are all future matters. After the meeting ended, Lin Feng personally called Editor-in-Chief Liang.
He asked them to casually mention on the "I Love Invention" program that Lin Feng is a Bilibili content creator and that viewers can come to Bilibili to watch documentaries and videos.
Then, Lin Feng changed the topic and mentioned the possibility of delaying the program's broadcast by two weeks, giving Bilibili some time to make changes.
In response, Editor-in-Chief Liang, holding a favorable view of Lin Feng, this genius inventor, naturally saw no reason to refuse. It would merely involve a bit more talking from the host and adding some screenshots, so why not?
As for delaying by two weeks, that wasn't a problem at all. When it airs is when it airs, anyway. So, Editor-in-Chief Liang naturally agreed.
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