What’s Wrong With Me Being a Rich Man? - Chapter 266
Chapter 266 Reduce expectations
Halfway through October, the 3Q war that happened not long ago seemed to have happened a long time ago. Both Penguin and 360’s various actions were quickly submerged in the information ocean of the Internet.
Of course, as a war that has been recorded in the history of the industry, the highly condensed words of war “making a very difficult decision” have been immersed in the hearts of many users and become a classic quoted in their daily jokes.
In addition, 360 is not very popular, and Penguin is not very popular, let alone the small characters such as Rising, Keniu, and Aoyou who were in the team before.
Under such circumstances, WeChat has been quite successful and left an impressive label – struggle, resistance, grassroots.
These are exactly the concepts Zhou Hongyi of 360 wanted to instill in everyone with the help of public opinion, and they were successfully accepted by WeChat and Yu Xing.
In particular, Yu Xing, a young entrepreneur, is different, so he has gained greater love and support.
Is it more struggle, more rebellious, and more grassroots?
Perhaps there are some such factors, but judging from the increasingly popular Weibo platform, the main factor that everyone is willing to spread WeChat and help Yu Xing is that he is more interesting.
“You’re the One” aired on the 14th strongly proves this.
“WeChat Hat” and “Protective Shirt” are the live pictures that Yu Xing was exposed when he recorded the program before, and it also made this episode of the program particularly look forward to, so it naturally broke the highest viewing record since the program was recorded.
Still photos provide expectations, and dynamic program effects satisfy or exceed expectations.
—Li Song, a guest at the same venue, asked: “I just want to know, what kind of mood did President Yu make the instant messaging product?”
—The program edited the program and Yu Xing, who was made difficult by the guests, replied with a smile: “Even companies like Penguin can do it, why can’t I do it?”
—Li Song commented on “arrogant”, and then he seemed to be conquered “applauding the arrogance”.
Young audiences love watching this too much.
This is not a hero, what is a hero? !
The old guy doesn’t like it very much.
Especially Zhou Hongyi, who paid a lot of money for this competition.
It is difficult for him to erase the anger, fear, and disgust in a short period of time, and he has been paying attention to WeChat that is taking over the baton.
But, WeChat should be good, but…
Is this young man’s WeChat a little too good?
4 million users, 6 million users, and… 7 million users announced in just two days!
The popularity of this mobile Internet IM tool has forced 360 company to hold an analysis meeting to discuss whether to follow up on similar project developments.
The same is true for the reasons. All small companies that can be pieced together can be built, and 360 has this condition.
Moreover, if WeChat takes revenge on 360, how can it be so refreshing to succeed in personal revenge?
Zhou Hongyi attended the seminar and listened to various analysis and judgments.
In addition to being surprised by the rapid progress of WeChat, he also felt a little depressed and couldn’t help asking after the meeting.
“Why can Yu Xing promote this so well? Is it so interesting to wear a hat?”
Immediately, he received an answer similar to his own impression.
“It’s not interesting.”
“Maybe it’s a navy, and the number of users in WeChat companies needs to be questioned.”
“Variety shows are recorded repeatedly, and the audience in the audience must laugh as required.”
Zhou Hongyi was a little satisfied. It was not that she was rigid, but that everyone thought so.
Immediately, he returned to the office to check the documents, but found that there was a problem with the advertising fee connected with WeChat, and there were relatively large differences between the funds and the accounts period.
This matter ultimately depends on Zhou Hongyi himself. His anger after he re-launched it really needs the most visible channel.
Zhou Hongyi looked at the report on the document, frowned and thought for a while, then reached out to take her phone and called Yu Xing.
He straightforwardly said: “Mr. Yu, you have to settle the advertising fee of 360. This kind of promotion is 10 million per month. Isn’t it too much?”
360 really gave a very discounted price this time, and omni-channel promotion includes but is not limited to pop-up advertisements, software key recommendations, security guard interface banners, browser navigation page advertisements, etc.
According to the normal value of these advertisements, even long-term cooperation customers will be at least 20 million per month.
Yu Xing received a call from the head of 360. When he heard such a question, he said politely: “Mr. Zhou, there are not many, not many. I really thank 360 for their help. If it were not for President Zhou’s spirit of resisting monopoly, WeChat will really not dare to stand up this time.”
“Mr. Zhou, don’t worry, the advertising fee must be paid, but my financing has not yet been completed. As long as I have a good time, I will connect with 360 immediately.”
“Mr. Zhou, to be honest, I am under a lot of pressure now. I pushed WeChat to the front of the stage under the pressure of institutional shareholders. They asked me several times not to do this, thinking that it would be better to hide WeChat and develop, but…”
When Yu Xing said this, he said emotionally: “Those who hold firewood for everyone should not let them die of freezing in the wind and snow!”
Zhou Hongyi opened her mouth and suddenly hesitated what would be more appropriate to say at this moment.
He thought for two seconds and said, “Resisting monopoly is beneficial to the development of the entire industry, and WeChat company is very good.”
Yu Xing thanked the head of 360 for his approval and promised again: “Mr. Zhou, don’t worry, WeChat company will never be liable for debt! Our company’s financing will be signed soon!”
Seeing this, Zhou Hongyi said that since the financing is about to be in place, it will be no longer enough time.
He did not hang up the phone immediately and said a small matter: “Yu Xing, you said on Weibo that if you catch me, I can’t catch you. What does this mean?”
“Mr. Zhou, at that time, I felt that if I lost contact, I had to expand public opinion to solve the problem more.” Yu Xing said seriously, “If there is any offense, please forgive me.”‘
Zhou Hongyi felt a little offensive, and it has been more than once.
He asked again, “Why are the words printed on the back of the clothes you wore on the show?”
Yu Xing sighed: “It was the program team’s own decision that day. I didn’t have the nerve to make trouble when recording, and later I regretted it. Alas, Mr. Zhou, I sometimes have a bit of dogma.”
Zhou Hongyi’s questions and dissatisfaction received a phased response.
The phone call ended and the office returned to quiet.
About half an hour later, the secretary came to get the documents and noticed that the boss wrote the words “suspended” on the advertising fee documents of 360 and WeChat, and asked, “Mr. Zhou, why has this money been suspended? WeChat has not paid the first payment now.”
“I called Yu Xing and it was still raising funds there, it was almost done.” Zhou Hongyi replied.
The secretary said curiously: “Mr. Zhou, did he say how many people are on WeChat now?”
Zhou Hongyi shook her head and said, “I didn’t say anything.”
Then he added: “He is quite polite, not quite the same as the legend.”
The secretary thought for a while and asked another thing today: “Then are the IM tools we developed…”
360 has made a decision on developing mobile communication software, but now there are two directions: one is to do it yourself and the other is to follow it. The decision extended by this is that the omni-channel promotion of WeChat will not be renewed.
Zhou Hongyi said without hesitation: “Just copy it according to WeChat.”
The secretary nodded, and the matter was confirmed.
He finally checked for the missing and made up for the missing: “Yu Xing may be very dissatisfied by then.”
Zhou Hongyi had no mood swings: “He has no choice but to do anything to us.”
The secretary took the order and left.
The 3Q war has ended, and the condemnation of Penguin’s monopoly has come to an end. Now it is time to return to 360’s own monopoly position in the security software market. …
Yu Xing adopted the suggestion from Liu Jiankai.
The number of WeChat users will be announced in time for every one million increase, hoping to bring further growth potential.
Sometimes users are very followers and may be curious when they see so many people using it.
As long as newcomers try it, WeChat software is actually a product that really meets the aesthetics of many people.
It is both free, not fancy, and has simple functions. This is an improvement in today’s product stage. After all, we cannot put aside the times and talk about specificity.
Of course, many users think this is “simple”.
On October 17, at noon, Yu Xing met Liu Jiankai who was visiting.
“Mr. Yu, how about WeChat?”
“Everything is normal, except for the allies, everything else is good.”
Liu Jiankai felt a sudden heart when he heard Mr. Yu’s casual words.
The newest ⊥Xiao⊥Speak⊥Send⊥Six⊥9⊥Book⊥⊥⊥⊥Back⊥⊥⊥⊥!
Yu Xing pointed to the whiteboard: “Our promotional post on Renren.com has been deleted. I heard that Renren also has plans to make instant messaging products, which probably constitutes potential competition.”
Liu Jiankai shook his head slightly: “You have taken away the taxes for college students first.”
Yu Xing smiled: “It’s not that exaggerated.”
He immediately introduced the company’s use and planning for the company’s funds to Liu Jiankai, who represents Today’s Capital, which is related to the expectations of institutional shareholders and closely related to the development of WeChat company itself.
A large part of WeChat’s early funds were used to ensure technology investment, so the cost of a single user was as high as nearly US$6 on average. With the uniform allocation of technology investment and the reflection of scale fission, the cost of user has recently dropped to US$3.
Now, WeChat companies need to further reduce costs, hoping to achieve US$2-2.5.
It is also because of this research and judgment that the financing agreement between WeChat Company and IDG, Today Capital and Qiming Venture Capital has been basically finalized, and the target customers of this round of US$30 million are around 20 million users.
Although Yu Xing has designed the future of WeChat, he is definitely going all out of the company’s development, so he is very excited to talk.
In comparison, he quickly noticed that Liu Jiankai was absent-minded.
“Mr. Liu, what’s wrong? What’s the problem?” Yu Xing stopped and asked.
“No problem, Mr. Yu, you are very awesome. Now this situation is beyond my imagination.” Liu Jiankai said this and hesitated for a moment, “It’s okay, it’s just my private matter. I’m too tired recently.”
Yu Xing joked: “Is capital too tired today? Come to my side. I probably won our bet. You can give up in advance.”
The two had a bet on Vancl’s development, and although it is still growing, it is already below expectations.
Liu Jiankai sneered: “What you bet with is Liu Jiankai of Today Capital, what does it have to do with Liu Jiankai who left Today Capital?”
Yu Xing ignored his cheating and said in surprise: “Did you want to leave Capital Today? Have you fallen out of favor?”
Liu Jiankai: “…”
He shook his head slightly: “It’s just that the pressure is too high. Sometimes I feel that it’s boring to do this business. There is an opportunity in the company outside now. Hey, the recent problems with Zhengangfu and Ganji.com are all deeply involved in several projects, which are a headache.”
“You are all following?” Yu Xing raised his eyebrows, “Then I have to consider whether I can accept you.”
Liu Jiankai spread his hands helplessly, and he couldn’t think of a divorce like Ganji.com and Zhen Gongfu.com.
He shook his head, not wanting to talk about this, and looked at the words “Renren.com” on the whiteboard and tactfully reminded: “Mr. Yu, WeChat company is developing very fast, but I think, maybe you still need to find a backer, for example…”
Yu Xing looked at Liu Jiankai.
Liu Jiankai expressed his thoughts: “For example, Baidu, its traffic is also very strong.”
Yu Xing pondered: “Mr. Liu, sometimes, you really have to reflect on your own vision.”
“Look at the current companies in China that can match Penguin. Alibaba first excludes it. Its focus is on e-commerce, and everything is built around e-commerce. Renren actually has traffic, but it has to do it itself.” Liu Jiankai said his thoughts, “The other Sina, NetEase, and Sohu are all out of date. Sina Weibo is not only restricted, but also needs to improve its revenue first. There are actually not many choices on the market.”
Yu Xing asked seriously: “Are you suggesting to me on behalf of Capital Today?”
Liu Jiankai was silent for a moment: “I represent myself.”
Yu Xing threw a cigarette over and lit it for himself: “Does Mr. Xu have other considerations about WeChat companies within Today’s Capital?”
Liu Jiankai smiled and said, “What other considerations can you make?”
Yu Xing pointed to the face of the person in front of him: “This is the first time you have laughed after entering my office. If you don’t laugh in front of you, why do you laugh when I mention this?”
Liu Jiankai stopped smiling: “Mr. Yu, don’t be so arbitrary!”
“It’s arbitrary. The three institutions maintain the same position and are unwilling to give voting rights. The funds have not been implemented yet.” Yu Xing smoked, “If you have something to say, it’s not that I really treat her as my sister when I call her Sister Xin.”
Liu Jiankai said silently and said after a moment: “Penguin is said to have established a three-person group of Pony, Zhang Zhidong and Lu Shan to discuss competition with WeChat, so I do think WeChat needs more help.”
Mr. Xu actually didn’t let himself say this news, so as not to affect morale, but seeing Yu Xing’s indifferent performance seems nothing to say.
Yu Xing nodded: “It seems that the action of such a giant’s leader can make investors hesitate. The giant is worthy of being a giant.”
Liu Jiankai found that Mr. Yu was not only good at pieced together the team, but also good at pieced together the news. He almost figured out the essence of the matter without saying a few words.
He couldn’t admit it directly, so he had to say, “Mr. Yu, I met many entrepreneurs in the past. They actually have a very innocent temperament, but you are different.”
Yu Xing smiled and said, “Is that true? Is it because I took your money and signed your words, and don’t I completely believe you?”
Liu Jiankai commented: “Mr. Yu, I have met many entrepreneurs in the past, but you are definitely the one who speaks the most unpleasantly.”
“I always think that making things clear is the most effective communication, and I won’t be angry. I’m lowering my expectations and I won’t expect everyone to work together.” Yu Xing said leisurely, “Yes, you can have the heart. Everyone is human. Whoever can say who is good or who is bad.”
Liu Jiankai sighed, “Mr. Yu, you are really good-minded.”
“I’m not petty, let’s go and go downstairs to have a meal.” Yu Xing got up and pulled out the cigarette butt.
Liu Jiankai stood up, and suddenly noticed that there was a number “41” on the whiteboard, and asked, “What does 41 next to Renren.com mean?”
Yu Xing replied casually: “It’s nothing, Renren deleted 41 of our promotional posts.”
Liu Jiankai nodded and followed him to the Shaxian Hotel downstairs, but he always felt that something seemed a little wrong.
Soon, just three days later, he received a call from President Yu and heard a small request from the other party.
“Mr. Liu, the vice president of Penguin’s public relations department has been attacking us these days. I see that he comes to Shanghai to participate in the event the day after tomorrow. Can you get me in too?”
When Liu Jiankai heard this, he said with some concern: “Mr. Yu, what do you want to do? Get in? Do you also want to lose contact to create public opinion?”
“It’s about getting his event!” Yu Xing was amused and crying, “I want to chat with him in person. I don’t understand technology, and I can’t find more funds now, and I can’t go to the front line, so I can only do publicity work.”
Liu Jiankai pondered for a moment and agreed to such a request.
Indeed, Mr. Yu does not understand technology and cannot go to the front line. It is not realistic to seek more funds now, so he can only give full play to his sharpness.
(End of this chapter)