Winning the new financial era

Chapter 354 School Meng
Xun Mi is in his early thirties, graduated from Stanford University, and has worked in two social application companies, Facebook and Snapchat.

At this time, he was sitting on the sofa in the luxury office on the top floor of Ruixiang Building, chatting with Zhang Yida.

He said excitedly: "Mr. Zhang, after our research and development and continuous testing during this period, the Gaomeng APP has basically met the conditions you requested for the revision and relaunch."

Zhang Yida nodded, "Then tell me, what functions have been added?"

"Compared to the past, the function has undergone earth-shaking changes."

Xun Mi chuckled, "The previous Gaomeng APP was a promotion and distribution software. Although the registered users were all college students, it didn't have any social functions.

Now, we have added instant chat, and social functions such as text, picture, video sharing and so on.

In addition, on this basis, we have added a lot of tool functions, such as class schedule reminders, class notes recording, grade query and so on. "

Zhang Yida frowned while listening, what the hell?Don't make a complete picture out of it.

"These functions sound very common! Wechat and Weibo have these functions, why do students use ours?"

Xun Mi smiled and said, "Mr. Zhang, although WeChat and Weibo have these functions, they are still very different from us."

"Then tell me, why is it different?"

Xun Mi explained: "First of all, are WeChat friends very messy? Students' parents, teachers, and various elders are all on it.

When posting to Moments, I am often intimidated, and I have to set who can watch it.Quite troublesome!
It will be different if college students use our Gaomeng APP.Our Gaomeng APP will set a threshold to verify the information on Xuexin.com, and non-university students and graduate students cannot be authenticated.

Most of those who can pass the certification should be college students, and everyone is of the same age, so there is no need to worry so much about sending various news updates.

In addition, Weibo's current traffic and attention are all above various big Vs and entertainment circles, and it has been completely reduced to a news release platform.

Ordinary people post Weibo, no one pays attention to you at all!The effect is not as good as WeChat Moments. "

Zhang Yida interrupted, "Wait, do you want to make a real-name social networking product or a stranger social networking product?"

"Half-stranger, not a pure stranger like Momo, nor a real-name model like WeChat."

Zhang Yida asked again: "Do you mean that real-name authentication is not required? Or after real-name authentication, you can choose to hide it?"

"The latter, we give the user the right to choose. In fact, after the user uploads the information on Xuexin.com, we have already collected his real name information.

As for whether he is willing to make it public, that is their business! "

Xun Mi paused, and then said: "We also plan to try the LBS social solution, that is, strangers connect with each other through geographical location, so as to realize information transmission and social interaction.

Mr. Zhang, think about it, you are a college student, you are wandering in school, and suddenly you pass by a group of beauties, and then the location reminder on your mobile phone lights up, showing that the distance is less than 10 meters.

Isn't it fun?Is this fate?Maybe there will be a story next. "

Zhang Yida was a little suspicious, "The trick you mentioned has been used by people around WeChat and Momo, and it feels very ordinary!

I think that if you want to make precise social interaction, you should divide it according to your interests and hobbies! "

There are really no social talents in his hands, and Xun Mi was poached from Snapchat (Sharab), a very popular social software company in the United States, at a high price.

Shalab is a photo-sharing app that burns after reading, which is very popular among young Americans.

Using the app, users can take photos, record videos, add text and drawings, and send them to their friends list on the app.

The most important function is that all photos have a life span of 1 to 10 seconds. After the user takes photos and sends them to friends, these photos will be automatically destroyed on time according to the time preset by the user.

And, if the recipient attempts to take a screenshot during this time, the user will also be notified.

"Hey, Xun Mi, do you think there is any hope of replicating a salad cloth in China?"

Xun Mi shook his head repeatedly, "Impossible, let alone how the penguins react. In terms of national conditions and culture, people in our country don't like to send photos that are automatically deleted in a few seconds.

Although some people are very open, most Chinese are still very conservative.

In fact, Ari secretly tried it too.

Back then, the development of the "Lailian" project was not as good as expected, so it was renamed "Diandian Chong" in a low-key manner. The main focus was on socializing with young people who disappeared after reading, and it was completely reduced to a niche product. "

Xun Mi said again: "Mr. Zhang, I understand your uneasiness. Because I don't have much confidence in the social track on campus.

For socializing on campus, there is also a school intranet, and most of the others are unknown.

This is because the right time, place and people are available at that time.

The weather is that the penguins are far from being as strong as they are now, the geography is that Facebook has not swept China, and the people are that Huang Xin is a very good entrepreneur. "

Zhang Yida nodded, and sighed: "Yes! No one dares to say that they are 100% sure before trying."

"We also analyzed almost all mainstream social software on the Chinese market, such as WeChat and Weibo, including some of their specific functional designs and details.

The final conclusion is to focus on the campus and serve students.

It is almost impossible to face the whole social market.Being able to gain a foothold in the college student market is considered a victory. "

Although Xun Mi's words were somewhat pessimistic and lacking in ambition, Zhang Yida felt that they were very realistic.

It is not one or two who want to challenge the status of the penguin king, but [-]% of the corpses are completely cold, and only Momo has a little bit of market, because of his good sideball.

However, Zhang Yida didn't want to challenge Penguin's status in the past. With the relationship chain left there, any efforts would be in vain.

In the previous life, Duoshan, chat treasure, and toilet MT released products on the same day, making various gimmicks.

The media also talked about "Three Great Wars against Lu Bu", but Penguin collapsed before he could do anything.

All kinds of users who burned money in exchange, after the novelty period, the users will disappear, and the retention rate will drop seriously.

Of the three mountains of BAT, the most difficult one is the penguins.This is also a conclusion that countless social entrepreneurs have tested for everyone with dead bodies.

"Let's do it first! It's best to be able to stand on your feet. If you can't stand on your feet, you have to create some content."

Zhang Yida said, "Tikvision will help Gaomeng hold a school flower selection contest this time. The gimmick is created for you. Whether you can seize the opportunity is up to you."

Xun Mi frowned, "Mr. Zhang, that's why you want to connect Doushi and Gaomeng! Let Gaomeng provide content for Douvision!"

"That's right! College students have a lot of free time, and there are a lot of people who shoot Doushi. It's a market we can't ignore.

Of course, Gaomeng itself has several million registered users of college students, which can be regarded as a good foundation for socializing on campus.

With such a good foundation, it would be a pity not to work hard. "

A hint of disappointment flashed in Xun Mi's eyes. Gao Meng's status in Mr. Zhang's mind was still too low.

If I can't start the Gaomeng project, I guess it won't be long before it will be abandoned.

"Mr. Zhang, I think it would be inappropriate to call him "Gao Meng" if we want to socialize!

Today's college students are basically post-95s, and it takes a cool name to attract them. "

It's just a name change, Zhang Yida has no objection, nodded and said: "Sure, what do you want to change it to?"

"Cute school!"

……

Lu Qi ran back and forth for more than half a month, and finally finished the integration of Pinduoduo and Doushi.

Among them, Pinduoduo was given a valuation of US$90 billion, and Douvision was given a valuation of US$100 billion.

This valuation finally satisfied the investors of both companies.

But there is also a VAM agreement. Pinduoduo must achieve 1000 billion GMV in the next year, and Douvision must achieve 100 billion in revenue in the next year.

If the bet is not completed, the valuation of the two companies needs to be recalculated according to the actual completion.

In this case, although Penguin did not invest in Doushi, it does not feel that its equity has been excessively diluted, causing its own losses;

Ruixiang Industrial Investment Fund and Huayi Capital also feel that they are not at a loss, because Pinduoduo, which they do not have a stake in, also signed a VAM agreement.

After balancing these two companies, Lu Qi began to integrate Huimin Travel Group.

"Mr. Lu, didn't Mr. Zhang say to integrate Huimin Travel Group into Zhonghe Group?
Why isn't it all integrated now, only the part of the equity held by him is merged. "

Wei Cheng, the investment representative of CITIC Industrial Investment Fund, looked dissatisfied.

He's been under a lot of stress lately!Because CITIC invested US$3 million in Huimin Travel Group.

This investment was also because he was intoxicated, thinking that Huimin would have a chance to wrestle with Didi after he traveled.

But with the merger of Didi and Uber, he felt his dream was about to be shattered.

What's even more irritating is that Huimin Travel is still tossing about the aggregation taxi, and has no idea of ​​​​launching its own taxi brand.

Hey, on a thief ship!
"Yes, Mr. Wei is right. Mr. Zhang can't go back on his word? It was agreed that everyone's shares will be merged into Zhonghe Group. Why is he the only one now?"

The person who spoke was the representative of Softbank Investment. Currently, apart from Zhang Yida, Heishan Capital, and Penguin, they hold the most shares in Huimin Travel Group.

As the fourth largest shareholder, speaking is still very useful, and many small shareholders have voiced their support for Softbank.

Lu Qi had a plan in mind, and was not surprised at this scene.

He said very calmly: "Mr. Zhang means that Pinduoduo, Doushi, and Huimin Travel are not yet profitable.

The three companies are bundled together, and the losses are too eye-catching, which is not good for follow-up financing and valuation.

What he means is that if Zhonghe Group becomes the largest shareholder of Huimin Travel, the rights and interests of all shareholders will remain unchanged.

Zhonghe Group will mobilize various resources under its umbrella to help Huimin Travel to make profits as soon as possible. "

"I can't think of it as a one-off! For Huimin's travel to make a profit, does Mr. Zhang have any good advice?"

Zhu Xiaohu from Jinshahe Venture Capital became a little alert. Zhang Yida, what does this mean?
Afraid that Huimin's travel will drag Zhonghe Group?Not confident about the future profitability of Huimin Travel?

Zhu Xiaohu thought of a lot at once, and began to think about the way forward.

They still have a 4.38% stake in Jinsha River Venture Capital, which is worth US$60 million based on a valuation of US$2 billion.

Compared with the US$5000 million at the time of shareholding, this investment has more than quintupled.

But these are all paper returns, and they are always false until they are settled.

(End of this chapter)