Victor Koo Famous Quotes
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If you don't like what you do, you're probably dragging your feet.
The enhanced features of our ad products would require sufficient understanding from our sales force, advertisers, and agencies. To facilitate this, we have held multiple training sessions internally and road show events externally.
Our platform is a one-stop shop, from marketing and promotion through to ticketing. But even in the early days, in 2006-07, when we were mostly carrying shortform video, we became the premier movie marketing platform.
The online video business started in both China and the US around 2005/6, when broadband penetration grew big enough.
Youku Tudou is a hybrid, like combining Netflix and YouTube. Like Netflix, with Youku, which launched in 2005, we syndicate a library of longform content and create original content. The Tudou model started with user-generated content but is increasingly becoming about partner-generated programming.
In the U.S., search engines are king. That is because everyone already knows what they are looking for. Brands have been around for a long time.
Broadening and deepening the relationship with our users and advertisers have always been our strategic priority.
'YouKu' means what's best and what's cool in Chinese. So, the whole product philosophy really revolves around how to help users, from a massive video database, finds what's best and what's cool.
If you do like what you do, you're cooperating and sharing.
If Youku had adopted YouTube's business model, we just would not be here. We would not exist.
Youku Tudou has helped transform how media and entertainment-related content is distributed and marketed since our inception.
The advertising market in China is big and is still growing at a considerable pace. While online video is emerging as a mainstream advertising solution, it still represents a relatively small portion of advertising budget in China.
If I hadn't gone to Stanford, I'd be working at P&G now.
While we can learn from U.S. models, we certainly can't practice them.
With the rapid growth of Internet users in China bringing online video into a new paradigm, the market scale we first envisioned as an online video website back in 2006 has grown significantly.
Both YouKu and Tudou do original content for a number of years, and we position it based on our difference in terms of age demographic. And so the content itself is really more suitable for the brand itself.
Remember, when YouTube was founded in the U.S., America's Funniest Home Videos had been around for a long time. In China, the history of TV as well as user-generated video is very, very short. So, we've actually had to do a lot of things to motivate that.
