What’s Wrong With Me Being a Rich Man? - Chapter 262

Chapter 262 Secret Observation (5k)

“Mr. Yu, your WeChat is really popular.”

It is hard for Zhang Suyang to sit in the conference room without lamenting the huge changes in WeChat company.

There were only three people in this meeting today, so Yu Xing personally poured tea for the two shareholders. Hearing the words, he smiled and said, “It’s just a flashy person. I don’t know when it was blown away by the penguin rain and wind.”

Xu Xin has been receiving calls from her colleagues these two days, and today she saw the lively scene here again. She was very proud of her decisive acquisition of WeChat shares and smiled: “When will Zhou Hongyi give him the money?”

Yu Xing was confused: “What money?”

Xu Xin was confused by his natural confusion: “Didn’t you say yesterday that Zhou Hongyi paid for credit to promote you?”

Yu Xing said “Oh” long and pondered: “You said this money, um, um, go on credit first. We have no money, and he is not in a hurry.”

Xu Xin and Zhang Suyang’s eyes unconsciously touched. How could they feel like a mature businessman talking about the payment cycle?

“Compared with money, Mr. Zhou definitely wants to see our success.” Yu Xing sat down and reached out to operate it on his laptop. “So, we need to talk about a very serious issue now, how to succeed?”

He continued to refine without pause: “How many users do we need to be successful enough before Penguin launches its competitors?”

This problem obviously has the second half of “after Penguin launches its competitors.”

However, Zhang Suyang and Xu Xin are both in this office, without the judgment and support from the team. For a moment, you look at me and I look at you, and you can’t answer Mr. Yu’s question in particular.

Finding money, investing money, and making a general judgment, this is within the scope of the business. You can really grasp the company and the product… Of course, you can talk about it, but they are not willing to talk nonsense easily at such moments, so as not to make President Yu make a mistake in his judgment, and that’s all.

Yu Xing took a few sips of tea, not only did he not wait for the following text, but he didn’t even wait for a word.

He put the teacup on the table in shock, and raised his voice slightly: “Say it.”

Xu Xin heard the teacup and the desktop collision and the seemingly impatient voice of Yu’s surname, and suddenly felt a little thorny in her heart: “Well, how many users are there on WeChat today?”

Yu Xing gave the answer: “3.71 million.”

Both shareholders were cheered up when they heard such understatement!

Zhang Suyang stood up and confirmed, “How many are you?”

Yu Xing repeated: “3.71 million.”

“This is already much beyond expectations!” Zhang Suyang exclaimed, “Traveling traffic in the 3Q war is indeed the best choice!”

The investment of IDG and Today Capital is ahead of schedule. At the original pace, WeChat will try to exceed 3 million users by the end of October and start financing. Now, by the 9th, it has far exceeded the planned goal.

Xu Xin smiled and said, “In this case, there are likely to be 5 million users by the end of this month. If Penguin is slower, assuming it develops new competitors to fight, WeChat may be able to reach 10 million users first, which should be the best effect.”

“The growth in the past few days is stimulated by public opinion, Bai Xiaosheng’s diversion and the increase in our publicity scale. The effects of the first two will definitely gradually decline, but as our user scale grows, the effect of user fission will gradually increase due to the effect of free text messages.” Yu Xing’s work overtime these days is studying these things, and now he doesn’t need information to talk about it. “We used to estimate at 500,000, 1 million, or 2 million. It is very good to maintain this fission effect at 30%.

He looked at the two shareholders who were listening carefully and changed the subject: “Software such as instant messaging will form a social link. As the total number of users increases, a certain node will definitely produce a siphon effect. Originally, I was optimistic that this number might be around 20 million.”

The siphon effect, or the Matthew effect, the stronger the stronger the weaker the weaker.

Xu Xin looked at Yu Xing’s face unconsciously solemnly and asked, “What about now?”

Yu Xing took a light breath, pondering but didn’t say the answer: “Now…”

He pointed to the seat, turned on the projector, and said, “Mr. Zhang, Mr. Xu, you sit down. The development of WeChat requires everyone to brainstorm, and it is not just us, but also to listen to the opinions and ideas of ordinary users.”

Zhang Suyang and Xu Xin didn’t know why Mr. Yu changed the topic as he spoke, but he did not raise any objections.

Yu Xing pointed to the projector and released the first picture: “This is a conversation between an ordinary group of users, which is quite inspiring.”

The two WeChat shareholders looked at the picture. The above was the dialog box of the WeChat software, but the name was smeared.

Ordinary user A: Do you think the valuation of WeChat companies is US$100 million, is this number too much?

Ordinary user B: It’s a bit of a premium, but to the outside world it is a door to open the door to the IM of the mobile Internet, so that’s not too much. For us, there are talents and technologies to develop such software. Even the users that are most amazed by the media are the least scarce for us. Therefore, the $100 million it is worthless to us. The $100 million we invest can quickly make products that exceed it.

Xu Xin looked at the projected picture slightly raised her head, and suddenly woke up in her mind when she was silently reciting it. She turned her head and asked, “Isn’t this a Pony horse, right?!”

Zhang Suyang didn’t ask, and this was almost certainly the Pony Ma who registered WeChat that Xu Xin mentioned in the group before. Yu Xingzhen, who always protected user information, found him…

“We just need to listen to the user’s opinions and see whether his words are correct or not. No matter what chairman or president he is, that doesn’t matter.” Yu Xing emphasized, “It depends on whether the words make sense.”

The two shareholders looked at the smeared name silently, not wanting to expose the weak and hidden bell.

Zhang Suyang suddenly asked, “Is there any WeChat chat group established by ordinary users?”

Yu Xing shook his head regretfully: “I really don’t have this.”

Xu Xin watched the conversation between A and B twice again, and then said, “They are very confident in themselves.”

Yu Xing nodded: “Yes, it’s as firm as the secondary market’s confidence in Penguin.”

This is the confidence of the giant’s highest level and is not moved by competitors.

Soon, the following pictures show the worries of the giant’s top.

B: What makes me more worried and alert now is that the emergence of WeChat seems to indicate that the world is changing, and the problems within our company are hindering us from paying attention to the changes in the world. All the situations that have occurred in the past year have proved that the biggest problem lies in our internal problems.

A: Yes.

When Xu Xin saw this, she commented: “This B is an ordinary president, and A is the ordinary chairman.”

It’s completely certain that this is a conversation between ordinary chairman Pony Ma and ordinary president Liu Chi-ping.

Yu Xing did not comment.

Ordinary President: Take Penguin Weibo as an example, why can’t we compete with Sina? In addition to Sina’s correct first-mover advantage, there are also big problems in the process of handling this business ourselves. 7 departments work together to do Penguin Weibo, each department has its own ideas and its starting point. Meetings and coordination are held from time to time. How can this compete with Sina Weibo, which is already leading?

Zhang Suyang was shocked and said, “Did Penguin Weibo work together in 7 departments? This… is a bit deformed.”

Yu Xing shook his head: “I don’t know, it depends on what he said.”

Since ordinary presidents say so, it is most likely that it is true.

Moreover, ordinary presidents seemed to have thoughts on this opportunity. Several consecutive pictures explained the process issues within Penguin, which then extended to Penguin’s organizational structure and then talked about the company’s strategy.

Ordinary President: The problems we are facing now are greater than external factors. Threats like WeChat are the ones that only exist within us. As long as internal problems are solved, external threats will naturally be eliminated.

Ordinary President: Pony, aren’t you sad that Penguin has developed to this day and has become the image she has in her current state? We must improve this situation, reorganize our architecture, upgrade our strategy, and listen more to external opinions.

The two users finally revealed their names.

Yu Xing did not continue to put it down here. He first added water to the teacup of the three people, and then said: “They systematically reflected on the “Computer World” and the 3Q war and our emergence. Pony agreed to Liu Chi-ping’s requirement to take action on the organizational structure.”

He quickly played the picture, wanting to skip this section.

However, Zhang Suyang and Xu Xin both stopped Mr. Yu’s actions, wanting to carefully watch how the two people who hold the highest power among the giants reflect on the recent storms.

Yu Xing understood their curiosity and had read it repeatedly.

He slowly drank tea, thinking about how to talk about WeChat’s growth expectations half-true.

To be honest, because of the growth of users in one day, he was indeed optimistic about whether he could really defeat the Penguin head-on, but after witnessing the exchange between Pony and Liu Chi-ping from such a distance, this optimism disappeared.

Competition is still a competition that burns everything, but the expectations in the heart need to be constantly corrected.

Zhang Suyang woke up from the inexplicable excitement of peeping at the changes in Penguin’s decision-making, and instead remembered the issues he had talked with President Yu before, and asked cleverly: “Did Pony and President Liu talk about the competition for WeChat?”

Yu Xing nodded and said, “I just mentioned it simply. They mainly talked about the internal issues of Penguin.” He searched in his laptop and released the two of them and finally talked about the competition on WeChat.

Pony: The competition on WeChat still needs attention.

Liu Chiping: WeChat fills the communication of acquaintances on the mobile Internet, which is a different positioning from QQ, so we cannot use QQ to call it. We can launch products that compete with it in about 20 days, which is enough time. According to experience, such software requires at least 50 million to 100 million users to completely consolidate its position. This WeChat cannot reach such a node in such a short time, and can give us space to send first.

Zhang Suyang and Xu Xin both frowned.

Yu Xing did not stop, knowing that they could directly remember the judgment of “50 million to 100 million”, and continued to show the complete dialogue between the two people.

A considerable part of them is still reflecting, and finally there are some specific actions.

Liu Chi-ping proposed to improve the company’s brand image and wanted to invite users outside Penguin, industry experts and even people from multiple dimensions such as news, politics and law to talk about the problems that Penguin encountered.

The last image is frozen on their discussion of the invitation.

Liu Chiping: Can you please ask Yu Xing? Where is Zhou Hongyi?

Pony: Yu Xing can consider it, but Zhou Hongyi doesn’t.

Liu Chiping: Why?

Pony: Zhou Hongyi is too bad.

The newest ⊥Xiao⊥Speak⊥Send⊥Six⊥9⊥Book⊥⊥⊥⊥Back⊥⊥⊥⊥!

Liu Chiping: OK.

There are no new pictures, but there is no sound in the conference room for a long time.

After a while, Xu Xin asked, “Mr. Yu, can I copy one?”

Yu Xing flatly refused: “No.”

Zhang Suyang commented: “Old Zhou is much more annoying than you.”

However, even though he said so, there was no smile on his face.

Zhang Suyang never expected to see the conversation between these two people today, and their conversation actually revealed a lot of information. Judging from the current closely related perspective, they have firm confidence in Penguin’s victory over WeChat.

How firm are you?

It is so firm that even if there is information that may be noticed by Yu Xing.

Both of them believe that the problems Penguin is facing now are decisive, and external factors, including the threat from WeChat, are secondary.

Xu Xin also had the same feeling: “Pony and Liu Chi-ping talked mainly about strategic discussions. If Penguin’s architecture really changes, it is suitable for a business case discussion. Therefore, they are not afraid that we can see it, and what can we have if we know their confidence…”

Zhang Suyang asked, “Mr. Yu, do you think the 50 million to 100 million mentioned by Liu Chiping is of reference value?”

“Yes.” Yu Xing said concisely, “I originally thought that 20 to 30 million could form a good advantage, but now it seems that even if WeChat gets 50 million, it is not possible to defeat the Penguin, but… we don’t need to defeat. If we hold on, we will be successful.”

If the stalemate can be held back, what changes will happen?

Then the changes may be much more complicated.

Zhang Suyang and Xu Xin are both silently thinking about the possibility of the future.

Yu Xing waited for them to think for a while and said, “The popularity of public opinion will disappear. Bai Xiaosheng’s user traffic is only 3.4 million. The idea of ​​fantasizing that Penguin would make mistakes and using QQ to fight can be extinguished. Liu Chiping had no idea of ​​making mistakes at all, and Pony Ma was consistent with him. Moreover, their development time was faster than I thought, and it might only take 20 days.”

Today is October 9th, and 20 days later it is October 29th.

It may not even be left until November.

According to some media descriptions, the appearance of WeChat seems to pop out of a stone. Now, looking at the penguin’s response, it is likely to be extremely targeted.

A giant who can be sure of not making mistakes!

It is staring at WeChat and is about to pounce on it with all its strength!

Zhang Suyang and Xu Xin’s joy at first hearing about WeChat’s 3.71 million has completely disappeared, and have turned into huge pressure to face the penguin.

This pressure was expected before investment and even project incubation. However, when it is really going to be faced, especially now that there is already investment, it is almost concrete.

Zhang Suyang thought hard and suddenly noticed that Mr. Yu’s expression was still calm.

He asked out loud, “Mr. Yu, your meeting today is sweet first and then bitter, which puts a lot of pressure on me. Is there any good news?”

Yu Xing nodded and said, “Yes!”

Immediately, he looked at the two investors and congratulated: “The good news is that Penguin’s dollar is not more expensive than your dollar.”

The two of them were silent, not that good.

Yu Xing took out his mobile phone and said, “Mr. Zhang, Mr. Xu, we are small in size. We have been clear about the disadvantages and advantages from the beginning. When Penguin competitors appear, we need to compete with fast and slow, and use version changes to conduct market competition.”

Xu Xin said slowly: “I heard Liu Jiankai mention your three major plays, built-in, burning money and version changes, right?”

“Yes, this is a established competitive strategy,” said Yu Xing. “Our next software version will add voice function, which will have both free text messages and certain free call effects. It will definitely have better market effects and may bring higher user fission ratio.”

Zhang Suyang did not immediately express his opinion. After a while, he suddenly said: “Mr. Yu, I don’t think you should be anxious. If we really can’t compete this time, we will have a chance to recover the losses. After all, Penguin came to negotiate the acquisition immediately. Even like Liu Chiping, I don’t think that WeChat users would have increased from 2 million to nearly 4 million in just a few days. This is his wrong judgment.”

When Yu Xing heard this, he was furious: “Mr. Zhang, what do you mean? Do you want me to sell the company?”

Zhang Suyang said nothing.

Yu Xing pointed at Zhang Suyang’s nose and asked, “Are IDG timid before fighting?!”

Seeing that the Yu surnamed Yu changed his face again, Xu Xin persuaded him, “Mr. Yu, Mr. Zhang is just helping everyone consider a way out.”

“If IDG and Capital today are afraid of war, don’t invest from the beginning. Today, I have the opportunity to repent and ask me to sell the company? Haha.” Yu Xing walked to the door of the conference room, pushed open the door, and shouted outside, “Sequoia, where is the Sequoia people? Call it! Call it!”

“Oh, here, here, here!” Vice President Sequoia Qi Weilun responded while responding, “Hey, Mr. Yu, here.”

Zhang Suyang sighed and replied to President Yu: “It’s okay, it’s okay, President Qi, you go back.”

Qi Weilun naturally knew Zhang Suyang and said, “What’s the matter? It’s obviously Mr. Yu called me.”

“Always Yu asked you to raise the price, go ahead, it’s okay.” Zhang Suyang looked at Yu Xing very clearly and reiterated his position, “Mr. Yu, you can talk.”

Yu Xing nodded and said to Sequoia, “Thank you, go.”

Qi Weilun was dissatisfied: “Mr. Yu, what do you mean? Alas, if IDG and Today Capital have no courage and funds, I will definitely support the development of WeChat. Competing with Penguin requires courage!”

Qiming Venture Capital Hu Xubo jogged over with a beat slower and said anxiously: “Mr. Yu, I’m still here!”

Yu Xing patted Hu Xubo on the shoulder and smiled apologetically at Sequoia: “Sorry, this guy, Mr. Qi, if WeChat needs funds, Sequoia will still be interested at that time and rank second, Qiming will still be the first.”

He reached out and closed the conference room door.

Qi Weilun was a little helpless, but could only laugh at himself: “I’m ranked second.”

Hu Xubo stopped wandering around this time, and his colleagues there couldn’t stop him. They chatted and discussed in groups of three or three, so he would better stay here and wait for the situation.

Qi Weilun suddenly glared at Hu Xubo: “It’s okay for me to rank second, but why should Qiming rank first!”

Hu Xubo glared back and said, “I sold myself to WeChat as vice president!”

Qi Weilun muttered, “I can be the vice president… I can be the director…”

(End of this chapter)