My Age of Investment

Chapter 229: It’s too shocking. (Deepwater Dead Cat

  Chapter 229 is too shocking (Deepwater Dead Cat Lord 610)

  In May, Facebook left the British Isles and marched to the European continent, entering Germany and France, and aroused a very strong response in the high schools and universities of the two countries.

  The media have also followed up on this, with various praises:

  "Very correct decision".

   "Facebook is opening up the European market and is completing the transformation of a small and medium-sized company into a large multinational company."

  "On the basis of the two languages ​​of English and Spanish, Facebook has added two languages ​​and successfully established a foothold on the European continent."

  ...

Facebook’s COO Christina said in an interview with the media: “This is a development process that goes with the flow. German and French universities have contacted Facebook many times, hoping that Facebook can carry out activities in their schools and let More people joined in.

  Actually, users from dozens of countries across the European continent have registered Facebook accounts.

  We are trying to get more people to join in through brand exposure and advertising.

  We will not blindly expand the market. We will promote it in batches. We will focus on one country and region first, and wait for the market share to stabilize before entering the next market.

   Facebook is to socialize with acquaintances. In an area, enough people must join in to enjoy the fun of socializing to a greater extent..."

  In addition to interviews, Christina also attended many forums and even went to Europe to give lectures at several universities in Germany and France.

  A careful media reporter found that it seems that Darren, the CEO of Facebook, hasn’t shown up for a long time.

  ……

  ……

  Xia Jingxing, who has been in retreat for a month, has not been disturbed by the outside world, and is working with the oil pipeline development team to develop and improve the video website.

   "This place needs to be changed!"

  The prototype of the YouTube video website has come out, but the page is very rough and there are many problems. Xia Jingxing is instructing employees to improve.

   Facing a pair of doubtful eyes, Xia Jingxing explained: “The search box must be placed at the top of the website, the most conspicuous position, because only in this way, everyone who visits the website can see it at first glance.

  After seeing it, they can enter keywords, search for videos they are interested in, and then watch them.

  So, we must tag and index every video. "

  Xia Jingxing looked around the work station, standing or sitting employees, and asked: "Now, do you understand?"

  Everyone nodded.

  Xia Jingxing then used the computer to draw pictures, and drew three more buttons below the drawn search box position, from left to right: Upload (upload), Watch (watch), Share (share).

  He introduced to the employees: "These three functions are the core functions of the YouTube website, and there is a sentence below the button to explain this function."

  Next, Xia Jingxing drew a square box under the three buttons, and divided the box into small rectangular grids.

  He pointed and said: "These small boxes are for website recommended videos. On the left is the video, and on the right is the video text introduction, topic tags, upload time, and playback count."

  The person in charge of UI design scratched his head, "Daren, I feel you know UI design better than I do."

   "I must know better than you, otherwise why should I be the boss?"

  Xia Jingxing didn't put on any airs, made a few jokes, and then asked the employee in charge of UI design to rework according to the plan he gave.

  "Dalun, do we have to design a Slogan (slogan) for the tubing?

  The name needs to be louder, how about "video changes the world"? "

  An employee asked.

  As soon as this person's voice fell, other employees jumped out to object, "No, it's more literary and artistic."

  "Tubing, record the world, record you and Ta!"

  "Everyone can come here to share their life!"

  ...

  In order to prove that their slogan was better, several employees also quarreled.

  After working for the tubing for a month, everyone has a sense of belonging.

  This sense of belonging is reflected in the slogan, that is, everyone wants their slogan to be chosen.

  In the future, the website will be really famous, and you can still brag about it: Have you seen it? I designed such a famous slogan.

  The employees were in a stalemate, and they handed over the decision to Xia Jingxing.

  Xia Jingxing was happy, "Why don't you ask me? Just give me to the representative?

   Ask me to say, what name you got is not straightforward at all.

  I have taken the slogan, called:

  Upload, tag and share your videos worldwide!

  What do you think? Is it better than yours? "

  The employees did not speak, but stared at them.

  After a while, someone whispered: "Dalun, is it too tacky and straightforward?"

  Xia Jingxing shook his head, "What we want is this effect, straightforward and clear, and tell users directly what our website does and what functions it has."

  The employees feel that this slogan is too straightforward and not compelling, but the big bosses have spoken out, and they can only **** small ideas in their stomachs.

  Xia Jingxing didn't explain too much. The slogan of the previous life tubing was just like this, and it has received countless fans.

  ……

  ……

  The Kangaroo King, who hasn't called Xia Jingxing for a long time, called.

  "Jingxing, Duoduoyou project, we may close it."

  Xia Jingxing was not surprised at all, and deliberately teased the other party: "What's wrong with this? Well done, you can shut it down anyway.

  I have an agreement with you. As long as Duoduoyou reaches 100,000 users, I will invest in you.

  Do you want to hold on again? "

  Huang Xin hesitated on the other side of the phone.

  Because as long as he persists for a while, maybe Duoduoyou's users will reach 100,000.

  With Xia Jingxing’s angel investment, the company may have a major turnaround.

  However, he quickly drove this idea out of his mind.

  "Doduoyou has many shortcomings in its design. Even if it reaches 100,000 users, it may stop there."

  Huang Xin said frankly, “If we are solely for your angel investment of 500,000 US dollars, we can actually achieve 100,000 users of Duoduoyou.

  I can find someone to borrow money, burn money to attract users...

  But it’s not necessary, maybe you will be pitted on your investment. "

  Speaking of borrowing money, Huang Xin thought of his old father Huang Miao.

  His father just invested 600 million yuan in partnership with Renhe last year to set up a modern cement plant with an annual output of 2 million tons in Fujian Province.

  His father is also very supportive of his entrepreneurship and gave him a lot of financial support.

  But this kind of support is extremely limited, it just allows him to worry about food and clothing in the capital, no need to find a job to support himself, and he can devote himself to entrepreneurship.

  Actually, he can ask his father for more money without thinking about Xia Jingxing’s $500,000 angel investment.

  But his inner arrogance and what he saw and heard studying abroad made him give up this idea.

  He wants to rely on his own abilities and not rely on his father to independently obtain investment and achieve success independently.

  Xia Jingxing smiled and said, "You are so frank, and you care about my investment failure, which makes me a little embarrassed."

  "Believe me, I’m serious. I will borrow one million RMB. If one person registers, I will send ten bucks to others, which will definitely attract 100,000 users.

  After you have invested 500,000 US dollars in the account, I changed hands and repaid the 1 million renminbi loan. There is still 3 million left, which is very cost-effective! "

  Xia Jingxing smiled and said nothing, he naturally knew that there was such a possibility.

  I deliberately didn't make it clear, just to see if the Kangaroo King would do this.

  If he does, he can refuse to invest and make Kangaroo Wangkong happy.

  Huang Xin continued, “This kind of user who relies on money is meaningless. Maybe the front foot is registered and the back foot is gone.

  What I want to do is to find a way for users to grow sustainably, a sustainable business model. "

  Xia Jingxing gave an "um" and said lightly: "After you have closed Duoduoyou, what are you going to do?"

  "I have already thought about it. I will do a project called Youzitu."

  Next, Huang Xin gave Xia Jingxing a detailed introduction to this project.

  "This is a service website, which can be regarded as a kind of e-commerce.

  Wandering pictures can allow travellers overseas to send digital photos to China, pay by credit card, print out the pictures of the travellers, and mail them to their parents..."

  Xia Jingxing listened, this man is still very immature, this thing does not sound reliable, the market is small.

  "For your project, I have a few suggestions. If you think I am right, you can listen to it;

  If you feel wrong, you can filter it out directly. "

  Huang Xin was very excited when Xia Jingxing wanted to provide advice to herself, and quickly said: "Thank you so much, I'll listen!"

  Xia Jingxing did not sell Guanzi, and asked very directly: “First of all, have you ever counted how many foreign students in China?”

   "I have statistics. From 1978 to 2003, the total number of Chinese students studying abroad reached 702,000, and the number of returned overseas students reached 172,800.

  Among the 527,400 overseas students currently studying abroad, a total of 356,600 people are still studying, cooperative research, and academic visits abroad.

  In addition, in 2003, the total number of Chinese students studying abroad was 117,300, of which 3,002 were publicly dispatched by the state, 5144 were publicly dispatched by the unit, and 109,200 were self-funded to study abroad. "

  Xia Jingxing also did not expect that Xiao Huang had such detailed data in his hands. It seems that he has really learned the lessons of the failure of the previous venture and has done a lot of preparations.

  "Are you holding a data report on the phone and reading it to me?"

  It really made Xia Jingxing right. Huang Xinzheng on the other end of the phone was holding a paper and reading the data to Xia Jingxing according to the script.

  This data report also took a lot of work for Huang Xin. He obtained it through a senior from Tsinghua University who worked in the ministry.

  Huang Xin smiled and denied: “Absolutely not. I am very familiar with these data. After all, I want to start a business in this field and I am not familiar with these. How can it be done?

what do you think? This market may seem small, but in 2003 alone, hundreds of thousands of international students went abroad.

  According to the trend, there will be more in the future.

  At the same time, because no one is watching this market, this is our opportunity. "

  Xia Jingxing poured cold water on Huang Xin: “It’s too low frequency. A student may send photos once or twice a year through this wandering map.

  How much do you plan to collect? It will not work if it is too high, at most 10 dollars!

  Even if all three to four hundred thousand international students are your users, and each person uses your service once a year, it will cost three to four million dollars in annual revenue.

  The ceiling is obvious, and it is not easy for you to expand these overseas students to register on your website called Youzitu. "

  Xia Jingxing thought about building a website for international students before, but because the upper limit was too low, he gave up.

   "Three or four million dollars in revenue is still a lot, you may not look down on it, but I am very satisfied.

  Moreover, the cost of printing and mailing photos is not high, and the gross profit margin will never be low. "

  Xia Jingxing looked at Xiao Huang with a complacent look, and was too lazy to persuade him.

   "Well, then I wish you a successful business."

  "Thank you~"

  Huang Xin, thank you for your non-stop, and then said: "If you develop well, can you invest in us?"

  "Yes, it’s no problem at all. As long as you can get 50,000 international students to register, I’ll still invest you 500,000 US dollars."

  Hearing these words, Huang Xin finally relieved his heart.

  He thinks Xia Jingxing is really good. He doesn't have any arrogance, and he is willing to give him the opportunity of an entrepreneur who has no experience.

  On this point, it is much better than those venture capital institutions that ask "Where did you work?" and "Why did you drop out of school?"

   "Jingxing, I heard that the number of users of Facebook is about to exceed the 20 million mark? Have you also entered Germany and France?"

  Xia Jingxing smiled and said, "Your news is a bit sluggish, and the number of Facebook users has officially exceeded 20 million."

  Huang Xin is speechless. In fact, he hasn't given up on social life.

  Hearing these words by Xia Jingxing, my heart felt like a cat's paw scratching.

  Too shocking!

   sighed, Huang Xin said a few words "Take care of your body" and "Welcome to Beijing to guide your work" and hung up the phone.

   Fourth update, ask for some recommendation tickets and monthly tickets.

    

   

  (End of this chapter)