It was impossible to provide Huanyu Technologies with a steady stream of cash just by relying on Battle Wars.
Of course, Huanyu Technologies didn't only have Battle Wars. They also had several online games.
However, there were too many things that required money. Even though online games made a lot of money every day, Chen Yu still felt stretched.
Especially when it came to chips.
And if he wanted to develop a lithography machine, he would need even more money.
Chen Yu did some research. The investment for a lithography machine was at least 10 billion RMB.
However, Chen Yu couldn't just invest all of Huanyu Technologies' funds into online games.
:
:
He also had a profitable project, WeChat.
Okay.
In fact, WeChat wasn't making money now. After Chen Yu told Wang Chang to Fu Mei, it was actually losing money.
But losing money didn't matter. While it was losing money, the number of users continued to grow.
After several rounds of operations, WeChat seized Facebook's domain name and mobilized college students to counterattack Facebook. WeChat had become the second social networking site in the UA.
Although it still couldn't be compared to Facebook, many capitalists had taken a liking to WeChat.
Bain Capital was one of them.
Because of the agreement with Bain Capital, Huanyu Technologies agreed to Bain Capital's investment.
However, the development of social networking was too fast.
In this kind of communication between people, countless people saw the potential of social networking.
After Bain Capital, Softbank, Sequoia, Tiger Fund … They were all interested in investing in WeChat.
Chen Yu didn't refuse these investments.
However, as for the price, it was up to Chen Yu to decide.
"Mr. Chen Yu, what do you think?"
"I can consider investing in these companies, but their offer is too low."
As the head of the China division of Bain Capital, John, as a representative, came to Chen Yu's office to discuss the next investment.
Although the technology of social networking wasn't very good, it was a very profitable project.
At present, WeChat had 30 million registered users and became a hot commodity for many capitalists.
"Mr. Chen Yu, 500 million USD is already very high. You have to know that Facebook is only one billion USD. "
"I think we're as good as Facebook."
"But judging from the number of registrations and active users, there is still a big gap between friends and Facebook for the time being."
"Let's wait until we surpass Facebook."
"Mr. Chen Yu, I think you should consider it as soon as possible. You have to know that if you accept their funds, you will be able to surpass Facebook faster. "
"That's true. However, you can come back in a month. "
Previously, Chen Yu had always let Wang Chang be in charge of WeChat Moments.
But now, Chen Yu was personally in charge.
He had to quickly expand his Wechat network and surpass Facebook in one fell swoop.
Of course, surpassing Facebook was not the goal.
Chen Yu's social network had to be spread all over the world.
…
"Wang Chang, I'll be making a trip to the US tomorrow."
"Boss Chen, are you coming to the US?"
"Yes."
"Travel or?"
"I'm not in the mood to travel. John came to me and said that our Wechat network's valuation is only 500 million USD. I'm not happy about it, so I have to come here personally."
"Boss Chen, I …"
Wang Chang was a little embarrassed when she received Chen Yu's call.
Looking at Huanyu Technologies, only the business she was in charge of had an average performance.
"Alright, I'm not blaming you. We started our social network later than Facebook, and we're not fighting in China. Of course, we won't be able to surpass Facebook in a short time. However, although we started late, it's not impossible as long as we use the right strategy. "
"That's all. We'll talk about it tomorrow."
Without saying much, Chen Yu made arrangements at the headquarters and left for the US.
Speaking of the US, it was Chen Yu's first time here.
However, although it was Chen Yu's first time here, Wang Chang and the rest of the American team were already waiting for Chen Yu at the airport when he arrived.
When Chen Yu walked into the US friend network, which was the branch of Huanyu Technologies, Chen Yu looked around and said, "Looks good, at least it looks decent."
"Boss Chen, when we first arrived in the US, we weren't familiar with this place at all. We also encountered a series of problems when we started our business. Fortunately, we've become familiar with it during this period. We've also recruited many industry elites here, and our business development is on the right track. "
Seeing Chen Yu smiling, Wang Chang breathed out a small sigh of relief.
Previously, she had thought that Chen Yu thought that she was incompetent.
"Boss Chen, I've already arranged a hotel for you. You've just arrived in the US, so you should rest first."
"It's fine, I've already rested on the plane. I'll go to the hotel after I get to know the people."
"Okay."
It was his first day in the US, so Chen Yu did not have many arrangements.
After getting to know the company's employees, Chen Yu returned to the hotel.
Although he had rested on the plane, there was still a time difference, so Chen Yu still needed a few days to get used to it.
After about three days, Chen Yu had gotten used to the time difference, so he called for a company meeting.
However, Chen Yu did not directly talk about the company's specific arrangements or corresponding strategies during the company meeting.
Chen Yu, on the other hand, changed the topic of the Internet.
This topic allowed everyone to speak freely.
Everyone had a lot of opinions about the Internet.
The people in charge of each department also expressed their opinions about the Internet.
Some people thought that the Internet was fascinating because it was virtual, and everyone could do whatever they wanted on the Internet.
Some people also said that the Internet provided convenient communication conditions, which led to the emergence of social networks, instant messaging, search engines, and so on.
Chen Yu agreed with all of these.
From their answers, Chen Yu could tell that they had a good understanding of the Internet.
It was also because of their understanding of the Internet that they had always performed well on their friends' websites.
Although Chen Yu was not particularly satisfied, this was from his perspective.
For them, who did not have cheats and could not predict the future, they were already doing very well.
"Now, let's officially start the meeting."
Chen Yu sat in the middle and said, "Wang Chang, tell me about the current situation of Wechat."
"Boss Chen, Wechat is a social network that expands on the basis of the student community. Currently, the number of registered users has exceeded 30 million, but it's still a distance away from Facebook. Our goal now is to continue to expand the student community and strive to unite universities and high school students from all over the world to become the world's largest social network for students … "
If it was before, Chen Yu would agree with Wang Chang's approach.
But now, Chen Yu shook his head and said, "The student community is too small. If we want to expand, we have to attract everyone from all over the world."
"Boss Chen, we've also considered this. When we finish with all of the student communities from all over the world, then it will be open to the public. "
"But there's a problem with this. What if the student community opposes it?"
Chen Yu asked rhetorically.
Back then, Facebook was opposed by the student community in this way.
They first used Harvard University as the main site, then slowly expanded to other universities.
When they were almost done with a series of university student groups, they wanted to expand to the public.
Unfortunately, the student community had always been against it and believed that Facebook should not be released to the public.
For this reason, Wechat was also launched at this time.
Although the strategy at the time seemed to be successful.
Wechat was launched, Facebook was also restricted.
But now, because it was only targeted at the student community, Wechat was also restricted.
If Wechat expanded at this time, then it would be resisted by the student community, just like Facebook.
Moreover, Wechat advertised that they were only for students.
If this was expanded to society, it would be a joke.
"For the time being, we haven't considered the future."
Wang Chang obviously didn't think about how to change the student community's view.
Or rather, it wasn't time yet.
The main task now was to expand the market and include all of the student communities from all over the world.
"I think this is our first consideration."
Chen Yu shook his head. "At present, Facebook has almost completed the distribution of universities all over the world, and we're only halfway there. Sooner or later, we'll be like Facebook and face the problem of expanding our positioning. If we don't do it now, when we succeed in all of the universities, then we'll be met with even greater resistance. Just like Facebook, some of them don't know how to break through now. "
Because of the student community's resistance last time, Facebook had suffered a great loss.
They wanted to expand their users, but they were afraid that the student community would resist again.
After the student community's resistance last time, Wechat was formed.
If they did it again, they would be able to catch up to them even faster.
"Boss Chen, we've done some research. At present, it's very difficult for the student community to accept users from society. They think that Wechat should be their student community. "
Deputy General Manager Xu Anhua said.
She had been thinking about this problem.
If they didn't expand their user base, even if Wechat became the world's number one, their users would only be those few.
He was only targeting students. He wasn't really socializing.
In real socializing, he didn't just need students. He also needed all kinds of people living on Earth.
Only in this way could the entire social network not be broken and show greater charm.
"What if we let them invite other friends to join?"
"We've tried. They will only invite groups of students like them."
"What if we change the method and turn this invitation into a game and invite friends through a game? What do you think?"
There were always more solutions than difficulties.
In his previous life, Facebook could solve the positioning problem of the student community. Chen Yu could do the same.
And his way was through games.
However, his games weren't big games, but small games.
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