What’s Wrong With Me Being a Rich Man? - Chapter 263

Chapter 263 Dr. Haiyan Yu

It’s absolutely impossible to sell a company!

Zhang Suyang felt Mr. Yu’s determination. Although his face changed a little suddenly, he could understand the other party’s mood.

WeChat company’s data is growing rapidly and has an immeasurable upper limit. If we predict current achievements, once it succeeds, it will almost be the Pony horse of the mobile era. How can we not make young entrepreneurs excited?

Moreover, it may be because of Mr. Yu’s intention that WeChat is incubated under pressure, and this momentum is also needed at this stage.

If he agreed to selling the company immediately, he might have to mutter a little.

However, before you consider winning, you must first consider losing.

Mr. Xiong pointed out the problem of WeChat’s withdrawal before IDG finalized its investment. Although it is not inevitable, the risk is already being reduced in terms of probability.

besides…

Zhang Suyang waited in the conference room for President Yu to gradually calm down and then mentioned another idea that President Xiong had talked to him a few days ago.

“Mr. Yu, I am neither afraid to fight nor dislike you and WeChat. The words of Pony Ma and Liu Chiping are not the truth. If they are right, Penguin will not encounter such storms this year.”

“What I want to express is that WeChat companies have many directions.”

“I discussed with Mr. Xiong the day before yesterday that WeChat company must have to spend more money to withstand the penguin’s attack, and its attack must be powerful. Judging from the communication between the two of them, we can put aside the previous fantasy of penguin’s mistakes, so…”

“We don’t have a fluke mentality. If the trend of WeChat companies is not that good or that bad, and if both sides can hold on, maybe we can consider letting WeChat companies raise money from the stock market.”

Zhang Suyang proposed Mr. Xiong’s idea.

Yu Xing frowned and looked at the shareholder representing IDG. How did WeChat go public in a short period of time?

Unlike Yu Xing who has not had any experience in listing and related operations, Xu Xin just changed her mind and guessed the direction IDG was considering, and reminded with a smile: “Mr. Yu, you can let Li Shanyou come in and listen. He has experience in this area.”

Listing in a short time, stock market financing, Li Shanyou…

Yu Xing connected these words in his mind and asked, “Are you talking about the operation like Ku6.com being injected into Huayou Century in reverse?”

Zhang Suyang and Xu Xin nodded at the same time.

Cool6.com is now a listed company on the Nasdaq in the United States, but it did not reach this point by itself. Instead, Shanda Company acquired it and injected it into its listed company Huayou Century as assets, thus completing the curve login.

“Have Li Shanyou told you that the situation that Ku6.com was facing a lot of spending and burning money, and making profits was difficult?” Xu Xin asked.

Yu Xing shook his head: “He hasn’t said much, he is just unhappy there.”

“Well, Mr. Yu, there are different possibilities for WeChat companies. Some of them are good at it. For example, if we go public on this curve, I believe there will be appropriate goals.” Zhang Suyang said patiently, “Some of them are good at it, such as referring to Penguin’s views to judge the market situation.”

He immediately praised: “What you thought about repeatedly at the beginning of the project incubation is still valid today, which has proven your ability. This voice version of WeChat is very suitable for Penguin to debut when it launches its competitors.”

Yu Xing nodded slightly: “Voice will definitely be popular, but it’s not that bad that Penguin will definitely add popular features to its products.”

Neither shareholders understood Mr. Yu’s expression of this pity.

“According to the current trend, assuming that Penguin launches competitors at the end of the month, my goal for our users is to be close to tens of millions. Whether it should be said or not, 360’s publicity capabilities on PC should not be underestimated.” Yu Xing said seriously, “There will be funds in the future.”

Zhang Suyang and Xu Xin’s eyes were touching. They had already communicated before. WeChat company is not very good at valuation now. They said that it had a premium in the last wave, but the total number of WeChat users exceeded 3 million. They said that it was particularly valuable and that Penguin competition was imminent…

Moreover, there are many colleagues outside the conference room today.

Zhang Suyang took a few sips of tea and proposed the next financing intention, which could attract Qiming Venture Capital to increase the overall valuation by 50%. WeChat company sold 20% of its shares to obtain 30 million US dollars.

In this way, the three institutions will bear the funds, and the pressure will be reduced.

Yu Xing tried to strive for a higher valuation, but this attempt did not achieve any effect, so there was no objection. The only big opinion was that these two people wanted to sign relatively detailed data goals on WeChat.

Zhang Suyang believes that what WeChat has to do with the $30 million is to push the number of users to 50 million.

Yu Xing did some calculations. According to the current cost of WeChat to acquire users, it is almost $5 per person. Even if it is further compressed, the 30 million US dollars can only push the total number of WeChat users to 10-15 million.

There are great differences in perceptions of this number on both sides.

“Mr. Zhang, you have to say that 50 million is unreasonable to pull Liu Chiping over. It is hard to cook without rice. If we want to win, we can’t be stingy.” Yu Xing seriously suspected that Zhang Suyang temporarily revised the numbers after seeing Liu Chiping’s judgment.

Xu Xin said to the side, “Yes, Mr. Zhang, we have to face up to the objective cost. 50 million is too much. Too much pressure can easily lead to problems.”

Immediately, she turned her head and said to Yu Xing: “Mr. Yu, but the optimization of organizational efficiency is beneficial in the long run. Let’s compress the cost together and control the company’s goal to reach 30 million users. This is still feasible.”

Yu Xing naturally saw the tacit understanding between these two people, and they didn’t hide it too much.

This kind of high reports and compromises are nothing more than enhancing the mastery of WeChat companies, rather than allowing one’s own side to completely manipulate funds.

He pondered: “Mr. Zhang, Mr. Xu, you can say whatever you want to do. The more frank we are, the easier it is for WeChat companies to improve. Let’s determine the intention today. What specific user numbers are appropriate, so let the team try it together. If the user costs can be reasonably optimized, how could I object?”

Zhang Suyang and Xu Xin both laughed, and the same specific negotiations were held.

Well, as for why not say it straight…

Just now, someone changed his face as soon as he was told.

The three continued to discuss for a while, and then called Hu Xubo from Qiming Venture Capital in.

WeChat company data, a new round of valuation, the investment of the three shareholders and the upcoming competition, as well as the accounting and optimization of WeChat funds use…

Hu Xubo’s mind was almost pushed.

However, he looked at the attitude of these three people. If he didn’t give a clear attitude today, he would soon open the door and invite colleagues outside to come in.

“Mr. Yu, Mr. Zhang, Mr. Xu, I firmly believe that one thing that can provide benefits to users is a good project. Our WeChat is such a product!” Hu Xubo made a decision on the spot, “Qiming Venture Capital is willing to work with everyone to do this thing to welcome the mobile Internet era.”

Yu Xing was not too excited, but just shook hands with Mr. Hu on an ordinary basis.

The basic financing intention was reached, and further communication of the contract terms was needed in the future, but overall it was still smooth.

But… there was not much smile on everyone’s face, and the dark clouds of penguins were already coiled on it.

“Mr. Yu, it really doesn’t work. Mr. Zhang’s proposal to go public on a curve can be considered seriously.” Xu Xin did not rush to leave, and accompanied Yu Xing to deal with today’s peers, and mentioned the idea of ​​reversely injecting assets.

“Is there a lot of twists and turns here? Isn’t it equivalent to selling the company to a listed company? I saw that Li Shanyou left the Cool 6 Network he founded after being acquired.” Yu Xing said with concern, “There are probably a lot of pitfalls in it.”

Xu Xin did not deny this, but said: “There is indeed a problem of dominance and control, but Mr. Yu, we are facing the competition from Penguin, so how can we be perfect? ​​I can only say that the better the WeChat company operates, the more initiative we have. Otherwise, you can understand it.”

Yu Xing frowned and said nothing. Xu Xin smiled: “Thinking about the good point, if that is the case, WeChat companies may have been listed first than Bai Xiaosheng. This is quite good. Look, like the Tudou.com I invested in, it has only been around for so many years and has only been listed next month. This is not easy.”

Yu Xing picked up the teacup and took a sip of tea and was suddenly choked: “Cough cough cough…”

He waved his hand and sootheed his breath, then asked, “Is Tudou.com going to be on the market?”

Xu Xin nodded and said, “Yes, the time is set to submit the listing application on the 9th next month. Tudou.com is very good this time. If you can go public before Youku, you will have great hope to lead your opponent step by step.”

Seeing that Xu Xin’s tone was full of longing, Yu Xing really didn’t know how to respond.

He lit a cigarette unconsciously.

“Is it a lot of pressure? Penguin is not an ordinary opponent after all.” Xu Xin saw Yu Xing smoking and said, “But WeChat has initially proved that it is on the right path.”

Yu Xing answered silently: “It’s okay, I can bear the pressure. Sister Xin, to be honest, everyone faces Penguin together, are you under a lot of pressure to vote on WeChat?”

Seeing that he changed his name at this time, Xu Xin noticed the emotional fluctuations of entrepreneurs facing pressure, and comforted him: “I have always been able to withstand pressure.”

Yu Xing nodded. It was indeed not the first time, and he could practice it.

He passed the cigarette box on the table over and said, “Sister Xin, do you smoke?”

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Xu Xin shook her head.

Yu Xing taught his experience: “You can draw when you are under great pressure.”

Xu Xin smiled.

There are still a lot of things to be busy with on WeChat. When he saw that Yu Xing’s mood was relatively stable, Xu Xin finally talked about the information he saw today and wondered: “How could Liu Chiping still think of asking you? This matter is really interesting.”

Yu Xing replied, “Isn’t it normal to invite me? Even the opponents are invited. Didn’t Penguin show a painful and determined attitude? Moreover, I have done nothing wrong since my debut. You think I’m here and there.”

Xu Xin was stunned when she heard him say this, and laughed: “It seems to be true, it makes sense, it makes sense.”

Mr. Yu’s image is still very good, not as criticized as Mr. Zhou.

Yu Xing smiled and said, “Yes, even if you don’t have an investment relationship, Sister Xin is willing to be a friend for someone like me. You can’t be a friend just because you like to tell the truth, right?”

Xu Xin was silent for a while and said, “It is easy to be harsh if you tell too much truth. If you don’t be a friend, I will just be a passerby. I won’t offend you.”

Yu Xing didn’t feel guilty, so he personally took Sister Xin downstairs and watched her go away by car.

On November 9th, it’s exactly one month away today. At that time, there will be a big enemy like Penguin on WeChat. Sister Xin shouldn’t be like what she is doing because of telling the truth.

Yu Xing shook his head and returned to the company.

The exchange between the two bosses of Penguin is more of a strategic level, but it is also really referenceable.

After Yu Xing met with investors, he came back to examine the competition on WeChat, and he felt that he had two problems.

First, no one actually saw the Penguin attacking with all his might, which may be even stronger than expected. There may be misalignment in judgment, including Zhang Suyang, Xu Xin and even Xiong Xiaoge.

Second, the so-called siphon effect and the so-called number of users nodes are a false proposition for penguins. Simply put, penguins with abundant funds and resources will not voluntarily give up just because WeChat reaches a certain node. Otherwise, what will the money in their hands be kept for?

Therefore, WeChat companies are destined to face a constant competition, rather than a competition that ends suddenly at a certain point.

This is a problem of fighting in the core and strong areas of Penguin.

Can curve listing solve the dilemma?

Yu Xing felt that the answer was no.

The ambitions brought about by WeChat’s rapid growth are increasingly returning to the original plan, and it is still possible to use giants to make giants.

Ma Yi loves martial arts, and his nickname in Alibaba is Feng Qingyang.

When Yu Xing thought about this, he unconsciously gave a positioning that WeChat company needs a takeover hero, and Ma Yi is the takeover hero.

That afternoon, the total number of WeChat users officially exceeded 4 million.

As of the evening, NetEase reporter Tang Hanyi came to interview Yu Xing, one of the most popular young entrepreneurs during this holiday, with 4.19 million WeChat users.

When she heard this number, she asked in surprise: “Isn’t it more than 2 million? Mr. Yu, why is it 4.19 million??”

Yu Xing calmly replied in front of the camera: “Users can vote with their feet. We are both surprised and happy to see this growth. This is everyone’s support for entrepreneurial forces together, and I am very grateful.”

In just a few days, WeChat users have achieved exponential growth.

Tang Hanyi digested some of the surprise, put aside the established manuscript, and asked: “Mr. Yu, everyone thinks that Penguin is undoubtedly a powerful opponent of WeChat. Although WeChat’s users are growing rapidly, QQ is already a software for hundreds of millions of users. This gap is huge. How do you view the distance between the two?”

“The positioning of QQ and WeChat is different. I have been a QQ user for many years, but I don’t want to use it when sending messages to my parents, relatives, or colleagues. Instead, our users are increasingly using and recommending WeChat.” Yu Xing said seriously, “There are huge differences in this positioning. I think Penguin can also realize this. If you interview Pony, you can ask him the same question, how to view the distance between Penguin and WeChat on mobile acquaintance communication.”

It’s not that WeChat and QQ are far away, but that Penguin is far away from WeChat.

Tang Hanyi only felt that the young entrepreneur in front of him was too energetic!

She asked with a smile, “I will come to Pony to ask this question if I have the chance. If at that time, Mr. Yu, do you have anything to say to me to convey it on my behalf?”

Yu Xing pondered for a moment: “You have to say that, I watched “Romance of the Three Kingdoms” yesterday, but I thought of competing with Pony in instant messaging… Then ask him for help.”

He decided to spread his personal and WeChat image to the end and joked: “Old Pony, can you tell Dr. Hai Yan Yu?”

Tang Hanyi easily thought of this line in “Romance of the Three Kingdoms” and couldn’t help laughing: “Mr. Yu, I will definitely convey it!”

She can’t see old Pony, but the Internet can definitely be transmitted to herself.

…

WeChat has maintained its popularity at the end of the National Day holiday during the weekdays.

Everyone discussed the competition between WeChat, which represents the entrepreneurial power and Penguin, which represents the monopoly power.

As Feixin’s outsourcing company, Yang Xiaobo, the director of Shenzhou Taiyue, suffered a difficult situation.

He quietly asked the vice president: “Mr. Liao, are we still investigating WeChat’s benchmarking of Feixin? Its development is really fast. It doubled in a few days, and the user’s reputation is good. If this continues, Feixin will be very dangerous.”

The vice president waved his hand: “Mobile company wants us to investigate the benchmarking competition between WeChat and Feixin. That WeChat is not benchmarking with Feixin now. If they are benchmarking against QQ, what else can they investigate? The basis for the research is no longer there.”

Yang Xiaobo was stunned, you, me, you… I…

I said, the CEO is very insightful!

(End of this chapter)