Reborn: Billionaire in College

Chapter 152 Reactions from all parties (Additional chapter for RiddleMan's reward)
Cheng Binghao was not the only one whose luck was robbed. Chen Yizhou also had the name "Renren" taken away by Chen Pingjiang.

Shenzhen Stock Exchange, Tencent headquarters.

The current QQ business group will be the PCG business group in the future.

The group bosses sat together today, and the atmosphere was solemn.

Pony Ma, Chief Technology Officer Zhang Zhidong, Chief Information Officer Xu Chenye, and Wu Xiaoguang, the main person in charge of Internet value-added services, attended the meeting.

The conference room includes almost all of Tencent Group’s senior management and half of its middle management.

Xiao Ma Ge smiled easily: "The sudden emergence of Renren.com can be regarded as a blow to Chen Yizhou's Xiaonei.com. I guess they are considering a response strategy. Everyone, please speak freely. Is there anything that social games can do for us?"

The person in charge of QQ Space is Wu Xiaoguang, who later became the CEO of Tencent e-commerce and the senior executive vice president of the group. However, he resigned from Tencent in 15 and became a professional angel investor.

"With the launch of QQ Space's information center and friend circle last September, we already had the foundation to transform into an SNS community. However, QQ Space's blogs were too distinctive and it was difficult to make the transition directly. The popularity of social games this time has made me see the possibility of transformation."

In fact, the first social game in China was launched in April 2008, while QQ Space's "Friends Buy and Sell" and "Parking Space Grab" were not launched until 4.

The actions of Chen Pingjiang and Renren pushed the social game war among Chinese Internet companies forward by 1-2 years.

“If we speed it up, it can be launched in 3-4 months.” Zhang Zhidong pondered.

At this time, Executive Director Liu Chih-ping spoke up: "Is it possible to recruit them? Renren has no record of financing. With the popularity of the parking game, their internal funds will not be able to support them for long, and the financing window is bound to open."

Liu Chih-Ping's early experiences determined that he likes to look at issues from the perspective of VC investment.

After graduating in 98, he worked as a management consultant at McKinsey and as chief operating officer of Goldman Sachs Asia Investment Bank. After Tencent went public, he was invited by Pony Ma to serve as Tencent's chief strategic investment officer, responsible for Tencent's strategy, investment, mergers and acquisitions, and investor relations.

Xiao Ma looked at him curiously: "Aren't you going to Korea in a few days to discuss the CrossFire project? Are you still available?"

Liu Chih-ping waved his hand and said, "It's just a side thing. Not many people are paying attention to CrossFire, but I think many VCs/Ps in China may have already set off or are preparing for their trips on Renren."

"Don't put all your eggs in one basket. Lao Liu should contact them first, and we also need to do our own research and development." Xiao Ma Ge finally made the decision.

QQ Space is essentially a freak. You can call it a personal homepage, and it is; you can also call it a blog, and it is even an SNS.

In order to keep up with the trends of each period, it is constantly transformed, but the deeper purpose is to retain users and maintain market share.

Facebook's success on the other side of the ocean made QQ a little nervous, and it had long planned to transform QQ Space into an SNS.

The rush for parking spaces has only fueled the fire.

………………

Cheng Binghao stroked his chin, happily flipping through every page of Everyone Fighting for Parking Spaces, fearing that any tiny thing would be exposed.

The popularity of the parking space grabbing made Cheng Binghao seem to see some hope, and the entrepreneurial fire in his heart burned more and more vigorously.

Cheng Binghao, who works at Sina, is currently the vice general manager of enterprise services and is responsible for developing the search engine "iAsk". However, he really has little confidence in his own product, as the entire Chinese search engine market is firmly controlled by Baidu.

As he entered middle age, Cheng Binghao became increasingly restless.

In the eyes of some people, this guy is really a great guy.

With only a technical secondary school degree, in which he majored in nuclear chemistry, he unexpectedly became the chief technology officer of Sina. Less than half a year after he started Kaixin.com with 20 "die-hards" in a dilapidated office building far away from Zhongguancun, and made Kaixin.com the number one SNS website for Chinese white-collar workers.

The wife came over with some fruit and asked in confusion, "What are you looking at? You're concentrating so intently."

Cheng Binghao's eyes didn't leave the computer monitor, but he said, "A game."

"Your company is going to make games?"

At this time, Cheng Binghao turned his head and looked at his wife, and asked seriously: "If I say I want to quit my job and start my own company, will you support me?"

The wife was stunned and thought Cheng Binghao was joking.

"Your current job is so good and stable, and you just said a few days ago that there was some inside information. Are you going to mention it soon?"

Cheng Binghao didn't know how to explain it to his wife for a moment. To any normal person, this was indeed a crazy thing.

"Then I'll think about it again." Although he said this, Cheng Binghao was more determined to quit his job and start his own business.

If it really doesn't work, I can only resign secretly without telling my family.

According to the original timeline, Cheng Binghao should have resigned in February next year, but now he has resigned eight months earlier. ………………

Chen Pingjiang hid in his office, pressing his right index finger on his right eyelid, muttering, "Why is it always jumping back and forth? It's so annoying. Left eye twitching means good luck, right eye twitching means disaster. Is something going to happen?"

Of course, he also knew that this kind of thing lacked scientific basis. The reason was that he had a lot of work to do recently and had to stay in the company until the early morning every day, which made him a little tired.

"Do you want to go to the hospital? I see you're feeling unwell." Wan Yuqian sat opposite with panda eyes.

"No, just buy me a bottle of eye drops."

At this time, Wan Yuqian said again: "Recently, VCs and PEs have been calling the company. How long are you going to hide? They are all big capitals with various names that sound particularly intimidating. The front desk has some nervous breakdowns."

Chen Pingjiang smiled and said, "Why am I hiding? I just don't want to see you. Let's let the bullets fly for a while. They are all small VCs. The big fish hasn't been hooked yet."

"Aren't you complaining every day that you don't have enough money? Given how popular we are in scrambling for parking spots, the servers will soon be full, right?"

"It can probably last another month or two, but it will be over soon. Unfortunately, distant water cannot quench immediate thirst. It will take a while to get the advertising fees from the car manufacturers back, otherwise I may not even need financing."

After that, Chen Pingjiang asked Miao Bingwei next to him, "How is the progress of the "Everyone's Farm" project?"

Miao Bingwei was stunned: "This project has just been launched and is in the early stages of planning. It hasn't been long since you last assigned a task."

Chen Pingjiang kept tapping his fingers on the table. "It's mainly because I thought of a problem. The essence of social games is the same. There are countless versions of this kind of game with a different skin. I don't want the parking space grab to inspire our competitors, so that they end up being the first to come up with the vegetable stealing game."

"But even if we speed up the process and make it in two or three months, we still can't put it online. Otherwise, we won't be fighting among ourselves, like Renren Farm and Renren fighting for parking spaces?"

Chen Pingjiang nodded: "That's not wrong. Anyway, let's speed up first. By the way, what do you want to talk to me about?"

Miao Bingwei smiled bitterly and said, "This generation of netizens is too powerful. They are crazy about registering small accounts and then parking their cars in the parking lot of the big account. When the time is up, all the money will be covered. Now the game funds are expanding rapidly. In just one week, some people already own a BMW 730."

Chen Pingjiang had already anticipated this situation. After all, this was how he played it in his previous life.

"The price of a BMW 730 is 100 million, right? Update the minor version and release the Porsche 911, Maserati, and Maybach. The trumpets must not be stopped, as this will dampen the enthusiasm of players for the game."

Miao Bingwei wondered: "But even this is only a temporary solution. Luxury cars have higher parking profits. If the players in front are too fast, it will also weaken the enthusiasm of the players behind."

"The reporting and maintenance methods mentioned earlier can be released in advance. After parking for 8 hours, no matter where you park, your friends can report you, thereby reducing your income, and your friends will also benefit from it. The better the car, the higher the insurance and necessary car maintenance costs."

"Also, let's launch a parking space grabbing competition."

Seeing the puzzled looks from the two people opposite him, Chen Pingjiang patiently explained: "We can hold a parking space grabbing competition every week, and set up a separate competition area. It starts from scratch, which is different from the normal game area, and the competition area can only have one person and one number. After a competition cycle, we will reward the first place with the right to use a family car, and arrange different prizes for other places."

Miao Bingwei's eyes lit up: "This is a good idea. The combination of online and offline, with the addition of prizes, can fully mobilize the enthusiasm of players, and the popularity and traffic of grabbing parking spaces can continue to increase."

"Why is it the right to use and not the ownership?" Wan Yuqian asked.

“Ownership can be bought and sold, but the right to use cannot be bought and sold, mortgaged, and is not taxable.”

"Once a week, that means the total prizes for a single month could exceed a million."

Chen Pingjiang laughed and said, "Have you ever seen a Spring Festival Gala raffle prize bought by himself? Aren't all of them sponsored by manufacturers? Find more media reports and emphasize the brand of the show. There are many manufacturers willing to sponsor."

Wan Yuqian was also convinced. She thought her brain was only capable of handling personnel work. These capitalists thought too fast and she said she couldn't keep up at all.

One week after the launch of the parking space grabbing app, the daily active users exceeded one million, and the number is increasing by more than 100,000 or 200,000 every day.

It seems to have become a trend.

And this trend is getting more and more intense.

In the past, the daily active users of QQ Parking Space Grabbing alone reached 51 million. If we include the parking space grabbing users of Xiaonei, Kaixin, and , this number can be doubled.

So, what does the current 1 million DAU mean? It’s far from the peak.

Time is on the side of Chen Pingjiang and Renren. In the next 2-3 months, before the competitors' "parking space grabbing" products are launched, the market will be eaten up by Renren alone.

Therefore, even if VC/PEs frantically called Chen Pingjiang to make appointments, he was not interested at all.

　There are at least two more chapters tonight.

　　
　
(End of this chapter)