My American magical life
Chapter 470 - 470 73 No matter if you are a pig with hair or not CEO Cheng has to give it a good tug!_3

470: Chapter 73: No matter if you are a pig with hair or not, CEO Cheng has to give it a good tug!_3 470: Chapter 73: No matter if you are a pig with hair or not, CEO Cheng has to give it a good tug!_3 Opinions had been expressed, and the audience was contemplating, but CEO Cheng couldn’t afford to give them too much time to think.

Once humans start to think, all sorts of ideas emerge, and that becomes uncontrollable.

CEO Cheng desired to take control of their minds, thereby deeply implanting the concepts he needed these people to recognize.

Stop thinking; come on, watch the presentation!

CEO Cheng directly opened the tt app on his phone and mirrored it to the screen, displaying tt’s interface.

“Everyone, look at this video.

This account belongs to one of our mas’s popular influencers, focusing on car repairs.

I’ll like it now, and then swipe to the next one.

Look, the next one is also about cars, and the following one, still about cars.

Press and hold ‘dislike,’ then refresh.

Look, it’s now extreme sports clips.

The next one, still extreme sports, and the next, still sports.

Friends, do you realize what’s happening?”

Now, children, it’s time for you to think under CEO Cheng’s guidance.

“Cheng, are you saying that tt’s algorithm lets users continuously see content they like?”

The extra actor assists, helping the other audience members to quickly arrive at a conclusion.

CEO Cheng is so considerate!

“TT has been at the top of the APPstore download charts for two months in a row.

Everyone, can you hear the sound of money?

Each download equates to advertising revenue; we just watched a few videos, contributing a few cents to the ad revenue that tt negotiates.

The algorithm of short videos makes people addicted; they’ll keep watching, and that means a massive inflow of advertising!”

Now, having finished his pitch, CEO Cheng picked up a cup of water and took a sip, seeing Lisa at the far end of the conference room giving him a thumbs-up.

Geweil Niusen seemed to think of something, and he asked.

“That tt, which company is it from, do they need financing?”

Niu Sen’s point of focus was indeed greedy; his question was perfectly anticipated by CEO Cheng.

“Hahaha, you’re quite the character.

If you were qualified to invest in TT, would you need to be here?

Startups in the internet field are not for non-professional investors like us.

Of course, if you can invest several hundred million at once, then forget what I’ve said.”

The extra actor Ross, playing a mysterious and wealthy heir according to the script, mockingly faced Geweil to help CEO Cheng make Geweil realize his own strength.

Out of your league, you’re not worthy!

TT would later become a target across America; a local magnate’s white-gloved attempt to get involved was wishful thinking.

Embarrassed by the rebuke, Geweil’s face changed color, but after all, he was a figurehead, and in today’s setting, he couldn’t lose face, so he forcefully suppressed his anger.

“Mr.

Geweil, tt is a very excellent company, but its boss behind the scenes isn’t short of money.

We at mas may not have seized the chance to create a short video platform, but at least we’ve caught this trend.

Making money from content creation isn’t easy, but we at mas have our advantages and features.

Next, I will focus on mas’s business and model.

Before that, does anyone have any questions about what I’ve just discussed?”

Domo had always admired Cheng Daqi’s sincerity, so he asked without hesitation.

“Cheng, you said tt’s algorithm has advantages, but what about old internet giants like YouTube, Facebook, don’t they have their own technical capabilities?”

Great question, non-professional investors are just perfect!

As long as CEO Cheng’s PPT is in place and his story is convincing, they genuinely don’t care about the details of mas.

Geweil isn’t concerned, neither is Domo.

They are all captivated by CEO Cheng’s story!

Excellent!

CEO Cheng nodded in appreciation and picked up the microphone.

“Domo, have you ever written code?”

The chubby chef shook his head; he knew next to nothing about the internet.

CEO Cheng paused, seemingly troubled, then explained.

“This matter is actually a bit more complex than you might think.

As many of you might not have a technical background, let me use a simpler analogy.

You can think of the algorithm as the framework; they’re an important part of supporting the competitive strength of different software and applications, but that’s not all.

It’s like renovating a building; besides the framework, bricks and cement are essential, and decoration comes later.

It’s a complex systemic project.

Consider the algorithm itself like this: the same building can be constructed using different frameworks, and while they might look similar from the outside, do you all follow so far?”

CEO Cheng’s explanation was so straightforward that the two potential investors present, who were both billionaires with Domo being a real estate tycoon’s son, understood completely.

Seeing everyone nod, CEO Cheng continued to explain.

“An algorithm is just a framework, and different frameworks can be seen as different technologies.

Many technologies can build a building—a product—to a certain extent.

The issue is that if you want to construct the building taller and more beautifully, you’ll need a better framework, and the bricks, cement, paint, and decor must keep up.

Whether it’s Facebook or YouTube or even Twitter, they all have fantastic algorithm engineers, but these companies aren’t interested in building a new, beautiful building!

Actually, they are just patching up old houses.

Their technical strength is not weak at all, but technology is only a part.

Friends, take another look at this sleek interface.

Behind it are thousands of software engineers.

It seems simple, but such extreme simplicity comes with a great deal of technical investment.”

For those who are not tech-savvy, emphasize the importance of technology; for those who understand technology, emphasize the importance of capital.

In communication between people, authority comes from overpowering knowledge.”