What’s Wrong With Me Being a Rich Man? - Chapter 280

Chapter 280 Senior Brother Locked He Jinyin (5k)

In the second week of December, WeChat Company completed another round of financing led by IDG in a low-key manner.

However, because it involves the cooperation of many companies, the news of this round of financing was quickly revealed. Compared with the previous round of US$150 million, WeChat not only failed to grow again, but was discounted, with the latest valuation of US$120 million.

As we all know, the competition in Penguin Weibo is pressing step by step.

Soon, on December 15, the update of the WeChat version made this pressing more concrete. It also updated the “People Nearby” function, once again popularizing the functions that users like.

The last time we followed up with the voice version of WeChat, it took nearly a month, and this time we only took half a month to follow up with people nearby.

Yu Xing was not surprised by the action of Weibo. The focus of competition in the plan had changed. He only protested on Weibo: “Hey, is anyone in charge?”

Obviously no one cares about it, this is a time when you need to seek blessings for yourself.

Moreover, not only does no one care about it, but we must also face debates at the public opinion level.

WeChat tried to push advertisements from Alibaba on December 14, controlling the number of exposures and trying not to affect the user’s experience.

However, this action was noticed by Penguin, who always pays attention to WeChat trends, and thus launched a publicity attack, targeted expressions, “Always create the simplest user experience for customers”, “The communication software without advertisements is a good software”, “It is also micro, you only need to chat, not watch advertisements”…

WeChat proposed the concept of “conciseness” when promoting various channels, which is largely a QQ that benchmarks functions and interfaces, which makes people have nothing to say, and anyone will inevitably admit this.

However, when it is forced to try to expand revenue first…

If WeChat’s development environment is calm, as a commercial company, its actions can naturally be understood.

But Penguin has raised its competition with WeChat in the field of instant messaging to a strategic position. WeChat’s actions in this competitive environment will be taken over by WeChat to compare who is more concise.

Not only that, this also means that any action that is not conducive to user experience on WeChat will be pursued by similar competitors.

A startup company, a giant backed by a giant, is easy to understand the different resources of WeChat and WeChat chat.

only…

Users are very simple.

They do not need to consider or have no obligation to consider the situation faced by the product.

The information on the Internet has changed rapidly, and the public opinion storm in Penguin has gradually faded this year. The lasting driving force from giants is increasingly showing its importance in this round of instant messaging competition.

However, WeChat is still trying its best to make different attempts.

WeChat updated the version on the 15th, and WeChat updated its functions again the next day after “People nearby”. One is to launch “Shake” and the other is to launch “Expression Graffiti”, and the models involved are still Android and Apple.

Will these two new ways of playing WeChat be popular?

Because of its previous reputation, this question is considered a highly probable answer.

Will Weibo continue to follow up closely?

Because of its previous reputation, this question is considered a positive answer.

That night, Liu Jiankai updated the WeChat on his phone on his way home. He was quite interested and tried the “shake” gameplay, and sent a graffiti expression to his friends, but in the end he only sighed at the playability they did.

Instead, he remembered the remarks of Zhai Yifei, who was dug out by President Yu from Baidu. Homogeneous things cannot be successful.

You homogenize him, and he also homogenizes you, and eventually becomes a competition of internal strength, and it will soon enter a decline.

However, Zhai Yifei’s set of things can’t be explained now. He and Mr. Yu only firmly believe that a new system will emerge on the mobile Internet.

Liu Jiankai walked into the house and thoughtfully thought that the system might be named “hope” or “extraordinary hope”.

He took off his coat, took a sip of water, sat in front of the desktop computer at home, and was surprised to find that the results had come out.

  Do it yourself and got 1 Bitcoin.

According to Mr. Yu, one was dug.

“It’s so slow.” Liu Jiankai looked at the time and took 7 hours to use the GTX580 to mine a Bitcoin. How great is this kind of thing going to have…

He thought for a while, shook his head and asked the computer to continue working. Instead, he opened his laptop and first visited Bai Xiaosheng, and then visited Mr. Yu’s Weibo.

Not only inside and outside the industry, everyone generally has pessimism about the future of WeChat. WeChat has revealed many issues such as financing, valuation, revenue, and reproduction this month alone.

Thinking about it again, the vibrant situation of WeChat was only two months ago, which inevitably made people sigh.

Liu Jiankai was stunned for a while, and then came back to his senses and noticed that the figure of Penguin executives appeared in this wave of public opinion.

At noon today, Lu Yanang, vice president of Penguin who had brought someone to acquire WeChat, spoke on Penguin Weibo and said meaningfully: “Yu Xing should know what a commercial company is now. After all, it is all for money. I hope he can sell WeChat advertisements better.”

Liu Jiankai saw the content of this penguin senior executive, and felt anger that was difficult to let go of for a long time, but he had to admit that Penguin could bring WeChat to the same moral level and then use its skillful experience to compete.

However, when he arrived at the company the next day, he found that Mr. Yu was not angry at all.

“Mr. Yu, Penguin is too much this time. It’s okay to keep following the version. It’s still about whether the commercial companies are not companies or advertisements. Its advertisements are not as popular as anyone else!”

Liu Jiankai was still indignant.

Yu Xing just said happily: “It’s just the competition. My expectations are very low. As long as I don’t catch me.”

Liu Jiankai: “…that can’t be so low.”

“If I were a Penguin, I might have done the same thing. What’s the point of talking about too much? Anyway, it uses all the excessive things to me. If I have excessive things, it will definitely do it.” Yu Xing shook his head, “The situation is now. Facts have proved that it is difficult to fully drive the company’s development by relying solely on functional innovation.”

He thought for a while and continued, “I have been thinking about and reviewing the development of WeChat company over the past two days. There is still a lot of room for optimization. Moreover, your criticism of me is sharp, saying that I am fond of me, saying that I am not favored, saying that I am not selling face, and I have also thought of an optimization method.”

Liu Jiankai was a little suspicious and knew what Mr. Yu was referring to.

If it weren’t for a breakup with Mr. Xu, capital would probably not withdraw today. Qiming Venture Capital might continue to follow up. The valuation of WeChat company may not be discounted. Anyway, that incident has brought about a certain chain reaction.

The problem is that these are all because of Mr. Yu’s sharp nature. If it is so easy to change, will it be today?

Liu Jiankai changed his mind and asked, “Then how do you change it?”

Yu Xing corrected: “It’s optimization.”

Liu Jiankai was confused.

“My personality is my personality. Since everyone doesn’t like my personality, just create a favorite personality.” Yu Xing said seriously, “If you have the chance to meet Mr. Xu and her investment projects next time, I will say that I have a private message in my hand. This time I will suppress it, sell my face and leave it alone. Please be a good person in the future and don’t make trouble.”

Liu Jiankai was amused and crying: “Who can believe it?”

“Let me say it in public. Who can ask me to confirm the news in public? Anyway, I will let it go. I can’t blame me for not selling my face if I have any problems in the future.” Yu Xing shrugged.

Liu Jiankai is deeply suspicious of such so-called “optimization”.

He pondered for a while and mentioned that he had mined Bitcoin yesterday.

“Congratulations, Mr. Liu, you dug up $0.3.” Yu Xing was a little surprised, “It’s so fast.”

“I spent seven hours and got $0.3 US dollars…” Liu Jiankai spread his hands, “I’m really good at laying off and re-employed.”

Yu Xing patted the person in front of him on the shoulder: “Mr. Liu, keep working hard. I have communication with Mr. Xiong on WeChat. Let’s look back and see what we can do.”

Liu Jiankai felt in his heart, wondering what plans these two people have made for WeChat’s future.

But no matter what the plan is, it depends on Penguin WeChat’s competitiveness.

WeChat company issued new options after completing a new round of financing. However, compared with the last time, all employees of the whole country seemed much more solemn, as if they were not hearing good news. On December 19, on the third day of WeChat options issuance, Yu Xing received a resignation from Song Xinlei, head of the application layer group of the technical development team.

This is also the highest position in WeChat company since its establishment.

Yu Xing made a special trip to chat with Song Xinlei in the office, hoping to keep her with all her sincerity.

Whether it is a position of this level or a contribution from the past period of time, Song Xinlei has high value and often participates in secret discussions on WeChat development.

“Song Xinlei, now that you leave, the options in your hand cannot be fulfilled. If you wait a little longer, just wait for a while, these things can be realized.” Yu Xing mentioned the implementation of the options.

Song Xinlei whispered: “Mr. Yu, options…well, I have been thinking about it for a long time, and this is my decision.”

Yu Xing noticed Song Xinlei’s dodging eyes and sighed, “Let’s do this, I will add 20% more than the Penguin gives you. You have been in WeChat for so long and have been weeping about our development. This is what you deserve. Similarly, you deserve the cashing of options.”

Song Xinlei pursed her lips and hadn’t answered for a long time.

In the end, she declined the sincerity and said, “Mr. Yu, I am very grateful for your recruitment and bringing WeChat to this point. I am proud that WeChat has become the third largest instant messaging software in China, and I am proud of Penguin’s attention, but…”

Song Xinlei looked up at the young boss and said helplessly: “But I have to plan for my personal career. Mr. Yu, please understand me. If you were me, how would you choose?”

Yu Xing’s lips moved, he touched the empty cigarette box, stared at the person who often appeared in the conference room in front of him, and hesitated for two seconds and agreed, “Okay, I understand you, and understand each other.”

He finally asked, “How much does the penguin drive for you?”

Song Xinlei replied: “Three times, add bonus.”

Yu Xing stretched out his right hand: “Then I wish you all the best.”

Song Xinlei shook hands with the boss, wanted to speak but didn’t know what to say, and silently turned around and left the president’s office of the WeChat company.

This is not the first time that Penguin has poached people, but it is indeed the first time that Penguin has poached such a high-level technical supervisor.

WeChat company does not have a large-scale competition agreement, only the technical director, deputy director and early core team signed the agreement. Moreover, even if there is, Yu Xing doubts whether it can stop poaching people at a greater price.

  A lawsuit is time-consuming and labor-intensive. Maybe the lawsuit is not fought, and the WeChat company is gone.

Yu Xing’s emotions were not greatly affected by the resignation of the executive. If you refuse, Penguin’s Weibo follow-up will not change at all, and WeChat’s user data will not change any of Penguin’s strategic actions.

What can really make the penguin feel the chill again may be the orders they will give to WeChat in the end.

Yu Xing’s only thing he is worried about now is whether Alibaba can pay attention to this strategic window.

“As soon as the ‘people nearby’ were launched, our activity here fluctuated and declined, but now it is not certain whether it is the impact of similar functions or the role of our launch of Alibaba advertising.”

“Mr. Yu, Alibaba invests in advertising costs, and we are under attack from Penguin public opinion. Why not stop now.”

Technical Director Ge Zhijie made suggestions at the latest meeting.

Yu Xing just shook his head: “A user’s exposure 1-2 times a day will not have that much impact. However, we really shouldn’t start new developments now. We should focus on software optimization and updates of functions.”

Ge Zhijie couldn’t help but ask a difficult question, and his voice trembled: “Mr. Yu! It’s difficult to update the function! Penguin just needs to follow and then surpass… what should we do…”

Yu Xing looked at Ge Zhijie’s eyes, and there was deep worries inside.

He carefully gave impossible hope: “IDG is helping to seek reverse injection of assets of listed companies. Mr. Ge, no matter what, I have a thought now. The options we send to everyone must have an explanation. If IDG does not go well, we have other solutions, but I promise that the options will never be reduced to waste paper.”

Ge Zhijie stopped talking, he actually didn’t care much about this.

  The real burning speed of WeChat company from scratch is too fantastic, and it really allows itself to defeat the Penguin head-on.

Yu Xing ended the solemn meeting with a small joke: “There is also good news. Renren’s Renren Cha has indeed been dissolved. It is said that similar projects on Sina Weibo have also been temporarily suspended. I have to say that we have added Penguin to be very deterrent.”

WeChat companies are struggling to compete, Penguin WeChat quickly catch up, and executives such as Pony, Liu Chiping, and Zhang Zhidong have successively expressed their views that this strategic focus from the giants has allowed companies that have previously tried the waters due to the development of WeChat to be self-aware.

Renren officially dissolved the instant messaging business on December 20, stopped the operation and maintenance of related software, and returned to its main business and listing.

At the same time, Chen Yizhou, the head of Renren.com, also made a statement through the media.

“Renren has conducted a brief exploration in the field of instant messaging, but Penguin has proved that its position in this field is unshakable, so we need to stop losses in time to make our attention more focused.”

“I have to say that Yu Xing led the WeChat company to seize the once-in-a-lifetime development opportunity, but now, this opportunity also traps him.”

“Just as Mr. Zhang Zhaoyang said, WeChat companies have no chance.”

“Yu Xing proved his talent and innovation ability, and Penguin also proved its status and strength.”

“It’s over. The competition in this field has ended. As soon as Penguin makes efforts, the short-term chaos in the mobile Internet track will return to peace.”

Chen Yizhou was very moved and once again emphasized a judgment similar to Zhang Chaoyang.

Yu Xing did not respond to such remarks, and both Weibo and Bai Xiaosheng fell silent.

However, on the last day of 2010, it was reported that the deputy technical director of WeChat was suspected to have changed jobs and switched to Penguin with a competitive agreement.

At the same time, WeChat’s user data was also exposed.

As of the arrival of 2011, WeChat has reached an astonishing 23.76 million.

What’s even more amazing is that the data of WeChat appeared simultaneously the next day, narrowing the gap to within two million, with a total of 21.93 million.

A Penguin executive informally talked about the competitors on Penguin Weibo: “WeChat will be caught up this month, its activity has declined, there is no chance. It is impossible to compare with offline messages from QQ alone. It is already a chronic death situation. Otherwise, Tan Ruize would not have left WeChat.”

Tan Ruize is the former deputy director of WeChat technology.

There is no doubt that his switch to Penguin will inevitably bring a lot of confidential information.

In the first week of January, there was a lot of bad news about WeChat. In addition to the issue of the deputy technical director, someone revealed that WeChat’s institutional shareholder Qiming Venture Capital is negotiating the share sale price with Penguin.

WeChat, which debuted in October last year, seems to be accelerating its collapse.

Senior executives change jobs, shareholders clear their positions, users are approaching, activity is declining, and revenue business is difficult to develop…

Someone has a pessimistic judgment on Bai Xiaosheng: “WeChat has been blocked by Penguin in all aspects. This is not only a normal market competition, but even if there is a competition agreement, it will be poached… Penguin has locked WeChat.”

On January 9, Zhai Yifei, who served as the temporary consultant of WeChat company, was called to the office by Yu Xing.

“Mr. Zhai, go on a business trip with me next week.” Yu Xing notified.

Zhai Yifei knew that the WeChat company was in poor condition and was a little surprised that he was on a business trip now, and asked, “Where are you going on a business trip?”

Yu Xing replied lightly: “When I went to Pengcheng, Penguin invited me a strategic seminar. I agreed before. The date they set was next Saturday 15th.”

Zhai Yifei hesitated and said, “Mr. Yu, are you still going now?”

In the situation where the decline of WeChat companies has become apparent, he is worried that this trip will be humiliated.

Yu Xing smiled and said, “Go, they invite me, then I’ll go. The Chinese New Year is coming soon, well, there’s not much time left.”

Attend the meeting on the 15th, Baixiaosheng will undergo technical upgrades on the 22nd, and there is really not much time left.

(This chapter ends)