Chapter 658 Internal Volume

   "The number of Facebook users is now close to 300 million, and the latest market valuation is over 20 billion U.S. dollars."

  Xia Jingxing spread out his hands and sneered, "But what about this? Is the company profitable? Is the market position completely stable? How much money do you put in your little dog's pocket?"

  The little dog was speechless when asked, and lowered his head ashamed.

  He admitted that he has indeed been out of work lately, and he has made work mistakes one after another.

  But it really wasn't that he had developed a slack mind and began to lie on his laurels, but because of his difficulties.

  Xia Jingxing did not notice the sadness in the little dog's eyes, and continued to train: "Let me summarize, we are currently in the most critical period. One step forward is to prosper, and one step back is an abyss.

  Yes, we are indeed the leader in social networks, but this does not mean that we can sit back and relax.

  Social network is a promising track, which has the potential to cultivate the world's top technology companies, there is no doubt. Because of this, there are many people staring at this piece of fat.

  As soon as we show weakness or weakness, these people will quickly pounce on Facebook.

  Even if Facebook is extremely stable in its operations, it will face a “cycle problem”. "

  "Cycle problem?"

  The foreign girl frowned, "Like finance, how many years does the cycle change?"

  Xia Jingxing nodded, and solemnly said: "Technological changes will overturn the old market dominance. This is an iron law."

  The little dog smiled, "Boss, this is a bit of a drag, right? Facebook is in the midst of the day, adding 200 million users a year.

  Continue to develop at this speed, as long as ten years, we can cover Internet users all over the world.

  As for social networks, you told me before that it is a winner-takes-all. The more users there are, the more and more complete the chain of relationships concluded, and the deeper the corporate moat.

  You suddenly tell me now that a company may replace us. "

  Speaking of this, the little dog paused, shook his head and laughed, "I admit that there may be one day, but it is definitely not now.

  If you really find something wrong, Facebook will definitely respond in time and quickly adjust our product strategy. "

  Xia Jingxing also didn't expect that the little dog, who had always been the only one, would dare to talk back to him.

  He was not angry, but started a debate with the dog in a very peaceful tone.

  "Once the company gets big, it will definitely get sick from the big company. Do you admit this?"

  The little dog pondered for a while, then nodded. Over the past year, he has been constantly learning, his business knowledge has been greatly enhanced, and he knows that the boss is telling the truth.

  Xia Jingxing smiled and looked at the little dog, "Okay, then do you know what the biggest damage to the company is caused by the disease of a big company?"

Without waiting for the dog to answer, Xia Jingxing continued: "It's efficiency! Adjust the product strategy in time. When you slowly adjust, the opponent may have fully grown up and become our confidant."

  Speaking of this, Xia Jingxing thought of Douyin. It is precisely because of the bloated, arrogant and arrogant Facebook and YouTube mechanisms that gave Douyin a chance to rise.

  And Douyin is just the beginning. With the development of technology, the form of social interaction will continue to change. Every change will challenge and test the existing industry giants.

  "Stop talking about this, what's wrong with you lately?"

  The little dog looked at the boss’s sincere gaze, and shook his head, “It’s nothing, maybe I’m a little tired, I’m adjusting.”

   "No, you must not tell the truth."

  Xia Jingxing pointed to the little dog, "Let me guess, there must be some problem in life that has brought emotions to work."

  The little dog glanced at Xia Jingxing, then smiled and said, “No, I know it’s wrong, so I’ll change it next.”

  Xia Jingxing always feels that the little dog is hiding something in his mind. With his understanding of the little dog, although he is usually not formal, he is very serious in his work.

  However, he didn't ask the question, patted the dog on the shoulder, and told him to go out to work.

  As soon as the little dog left, Xia Jingxing said to the foreign girl, "What do you think is the problem?"

  The foreign girl spread her hands, "How do I know, he doesn't even tell you, let alone tell me."

   "I can't go on like this!"

  Xia Jingxing still has something to say. As a co-founder and executive, Xiaoqu, if he does not show the corresponding ability, can enjoy his success. If he wants to continue to hold an important position in the company, it is a bit inappropriate, because it is difficult to convince the public.

  Facebook is not his own company, nor is it a company of little dog alone. It belongs to everyone and is shared by all shareholders.

  …………

  …………

  I heard that Xia Jingxing had arrived in the United States. Shareholders such as Breyer and Red Hoffman rushed to Facebook in the afternoon.

  As everyone was there, Facebook simply held a board of directors.

  As the CEO, the foreign girl sits at the top of the long conference table and slowly introduces the various numbers.

   "As of today, the number of registered users on Facebook has reached 296 million, the number of registered users on YouTube has reached 254 million, and the number of registered users on Twitter has reached..."

  The foreign girl glanced at Xia Jingxing, who was sitting next to her left hand, and found that the latter was staring at her. She let out a long sigh and said calmly, "Twenty-five million."

  All shareholders looked at Xia Jingxing, curious about the expression of the former CEO.

  Xia Jingxing looked as usual, and did not ask why there are so few registered Twitter users.

  None of the major shareholders raised any questions, and the other shareholders stood still.

  Although no one asked, the babes explained it specially.

  " Facebook does not mention it, this is our flagship product, and the tubing is in the form of video, which is very conducive to dissemination and promotion.

  And Twitter, although we are vigorously promoting with Facebook and YouTube, the effect is not satisfactory.

  After analysis, we have come up with several reasons.

   Facebook’s public homepage and information flow function compete with Twitter’s business to a certain extent.

  In the early days of the launch of Twitter, because of the electric car event marketing by Darren, a large number of user registrations were obtained.

  But in the following period of time, Twitter's user growth fell into a bottleneck again.

  The reasons behind this show that Twitter is in great need of hot topics for marketing, and our company has spent the main energy on Facebook and YouTube, resulting in insufficient resources to tilt towards Twitter.

  Finally, it's the product itself. Twitter currently has a single function, and it looks far less attractive than Facebook.

  For our company itself, upgrading Twitter is also a problem in itself.

  Get up, Twitter may have an impact on Facebook’s business. If you hit yourself, you are suspected of wasting resources.

  Is not going to rise, Twitter's user growth cannot be accelerated. Compared with the other two major products, the volume is only one-tenth of theirs.

  The positioning of Twitter has always been a headache for us.

  Is its existence complementary to Facebook's business, or does it compete? "

  A group of shareholders looked at Xia Jingxing. Twitter was also from this man, and he has the most say.

  Xia Jingxing smiled. In his previous life, Twitter and Facebook were not part of the same company, or even competitors, so Twitter naturally didn't need to worry about Facebook, and started everything from its own good.

  They can’t. They have to look at the problem from the perspective of the overall situation, and even when necessary, they have to give priority to the interests of Facebook. This is determined by the better development of Facebook.

  Like most teachers in the school, they prefer eugenics.

  This question is a bit stumped for Xia Jingxing. YouTube is a video format, which is completely different from Facebook, and there is no doubt that it is complementary.

  Twitter is not. There is a lot of overlap with Facebook. Sooner or later, there will be conflicts.

  If you leave Twitter alone and become a tasteless, then it is meaningless, and it is easy to be exploited by other opponents.

  The best solution is to keep competition within a certain range, which can have a certain impact on Facebook, but not too much.

After Xia Jingxing said his thoughts, everyone was shocked.

  Brayer stretched out his hand in a puzzled manner, “Daren, Facebook is fundamental. Let Twitter attack Facebook. What if something happens?”

  “It’s better than Twitter-like products in the hands of others? In our own hands, that means it’s controllable.”

Michael Larson, the head of the Waterfall Investment Fund, who attended the meeting on behalf of Bill Gates, understood Xia Jingxing’s intentions and asked with a smile: "Dalun, you just believe that Twitter and other products can develop into a not weak social network. Network branch?"

  Larson asked the voices of many people present. In their opinion, Twitter is a bit redundant. When Twitter was not officially launched last year, there were many voices of opposition among shareholders.

  As the development of Twitter fell short of expectations, this kind of opposition became even greater.

  Xia Jingxing groaned, the potential of Twitter has not been fully revealed. Shareholders have no way of knowing. In addition, if they want to vigorously develop Twitter, they have to beat Facebook, waste some resources, and may cause problems for the normal operation of Facebook.

  Under the superposition of various reasons, it is normal that shareholders do not understand his thoughts.

  In fact, Facebook and Twitter can coexist, and each can develop very well, but this is the result of the independent operation of the two companies in the previous life.

  Xia Jingxing found that it is not a good thing to stack this product all together, because it is too easy to roll in.

  Take Facebook and Twitter as an example. With the development, there will be various conflicts between companies and subsidiaries due to conflicts of interest.

  In fact, many large companies are like this. Because of their different interest demands, there are many situations in which their own people are stumbling upon their own people.

  It can be seen how difficult it is to manage a large company.

  (End of this chapter)