Chapter 709

Relying on the war alone, it is naturally impossible to continuously deliver cash flow to Huanyu technology.

Of course, in fact, Huanyu technology is not only a war, but also several online games.

However, there are too many places to spend money now. Even if online games make money every day, Chen Yu still feels stretched.

Especially in the chip.

If we want to build a lithography machine, it will require more funds.

Chen Yu studied that the investment in lithography is at least 10 billion yuan.

However, it is impossible for Chen Yu to only spend all the funds of Huanyu technology on online games.

He also has a profitable project, friends network.

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In fact, the friend network is not making money now. After Chen yuphen told Wang Chang to attach the United States, he actually belongs to the state of losing money.

But it doesn't matter if you lose money. On this side, you lose money, but the number of users is growing.

After several rounds of Sao operations, after friends robbed Facebook domain names and launched college students to counter attack Facebook, friends has become the second social networking site in the United States.

Although it is still unable to compare with Facebook for the time being, many capitals have taken a fancy to friends one after another.

Than Bain Capital before.

Because of the agreement with Bain Capital, Huanyu technology agreed to the investment of Bain Capital.

However, social networks are growing too fast.

In this kind of communication between people, countless people see the potential of social networks.

After Bain Capital, Softbank, Sequoia, Tiger Fund... All intend to invest in friend network.

For these capital, Chen Yu did not refuse.

But the price is up to Chen Yu.

"Mr. Chen Yu, how are you thinking?"

"I can consider the investment of these companies, but their quotation is too low."

As the head of Bain Capital China, the first group of investment friends, John, as a representative, personally came to Chen Yu's office to discuss the next investment issues.

Although the technology of social network is not very good, it is a very gold absorbing project.

At present, the friend network with 30 million registrations has become a pastry of many capital.

"Mr. Chen Yu, the valuation of $500 million is very high. You know, Facebook is only $1 billion."

"I think we're no worse than Facebook."

"But judging from the number of registered and active users, there is still a lot of gap between friends and Facebook."

"Then wait until we surpass Facebook."

"Mr. Chen Yu, I think you should consider it as soon as possible. You know, you can surpass Facebook faster by receiving their funds."

"That's true. But you can make an offer in a month."

Chen Yu had Wang Chang in charge before the friend network.

But now, Chen Yu will be personally responsible.

He has to quickly expand his friend network and surpass Facebook in one fell swoop.

Of course, surpassing Facebook is not the goal.

Chen Yu's social network is to spread all over the world.

……

"Wang Chang, I will come to America tomorrow."

"President Chen, are you coming to America?"

"Yes."

"Travel or?"

"I'm not in the mood to travel. That John came to me and said that our friend's valuation is only $500 million. I'm not very happy, so I had to come in person."

"President Chen, i..."

Wang Chang was embarrassed when he received a call from Chen Yu.

Looking at Huanyu technology, the business performance she is responsible for is average.

"Well, I'm not to blame you. We started social networking later than Facebook, and we didn't fight at home. Of course, we won't surpass Facebook for a while and a half. However, although we started late, it's not impossible as long as we use the right strategy."

"That's it. See you tomorrow."

Without much to say, Chen Yu made arrangements at the headquarters and left for the United States.

Speaking of the United States, Chen Yu is still the first time to come.

However, although Chen Yu came for the first time, when he settled down, Wang Chang and other American teams had already met Chen Yu at the airport.

When Chen Yu walked into the friend network in the United States, that is, the branch of Huanyu technology, Chen Yu looked at it and said, "it looks good, at least it's decent."

"Mr. Chen, when we first arrived in the United States, we were not familiar with it at all. We also encountered a series of problems in developing our business. Fortunately, we were familiar with it during this period. We recruited many industry elites here, and our business development was on the right track."

Seeing Chen Yu smiling, Wang Chang breathed a small sigh of relief.

She once thought that Chen Yu thought she was incompetent.

"Mr. Chen, I have arranged a hotel for you. You have just come to the United States. Let's have a rest first."

"It's all right. I've rested on the plane. I'll go to the hotel again."

"OK."

On his first day in the United States, Chen Yu didn't have much arrangement.

After getting to know the employees of the company, Chen Yu returned to the hotel.

Although I had a rest on the plane, after all, there was still time difference, and Chen Yu had to adapt to it for a few days.

Almost three days later, Chen Yu was able to adapt to the time difference, so he held a company meeting.

However, Chen Yu did not directly say the company's specific arrangements and corresponding strategies when holding the company meeting.

Chen Yu threw aside an Internet topic.

This topic suddenly let everyone speak freely.

Everyone has opinions about the Internet.

The principals of each part also successively expounded their views on the Internet.

Some believe that the Internet is charming because it is virtual and everyone can do whatever they want on the Internet.

Others say that the Internet provides convenient communication conditions, so there are now social networks, instant messaging, search engines... And so on.

Chen Yu recognized these.

From their answers, Chen Yu also saw that their understanding of the Internet was very good.

It is precisely because of their understanding of the Internet that they have been performing well in the friend network.

Although Chen Yu is not particularly satisfied, this is from his point of view.

For those who don't hang up and can't predict the future, they have actually done very well.

"Now, let's have a formal meeting."

Sitting in the middle, Chen Yu said, "Wang Chang, tell us about the current specific situation of our friend network."

"Mr. Chen, friend network is a social network based on student groups. At present, the number of registrations has exceeded 30 million, but there is still some gap from Facebook. Our goal now is to continue to expand the student group and strive to unite colleges and high school students around the world to become the world's largest student group social network..."

If it was before, Chen Yu would recognize Wang Chang's practice.

But now, Chen Yu shook his head and said, "the student group is too small. To grow bigger, we must absorb everyone in the world."

"President Chen, we have also considered it. When we finish all the student groups around the world, it will be open to the public."

"But there are problems. Is the student group opposed?"

Chen Yu asked.

You know, that's how Facebook was opposed by the student group at that time.

They first took Harvard University as their main station, and then slowly moved to other colleges and universities.

When a series of college student groups are almost done, they want to expand to the mass group.

But unfortunately, a group of students have always opposed it, believing that Facebook should not be promoted to the public.

To this end, friends also took the opportunity to launch at this time.

Although the strategy seemed successful.

Friends are online, and Facebook is limited.

But now, because we only targeted the group of students, the current friend network has also been limited.

If the friend network also wants to expand at this time, he vowed to be resisted by the student group like Facebook.

Moreover, at that time, the friend network was advertising, and they were only for students.

If this is extended to society, it will become a joke.

"For the time being, we haven't considered the later things."

Wang Chang obviously did not consider how to reverse the concept of student group rest.

Or, not yet.

The main task now is to expand the market and integrate all student groups around the world into the whole website.

"I think this is our primary consideration."

Chen Yu shook his head: "At present, Facebook has almost completed the deployment of colleges and universities around the world, and we have only completed half of it. Sooner or later, we will face the problem of expanding our positioning like Facebook. If we don't do it now, when we successfully layout all colleges and universities, we will face greater resistance. Just like Facebook, they don't know how to break through."

Facebook has been greatly weakened by a group of students' resistance.

They want to expand users, but they are afraid that the student group will resist again.

You know, the last time the student group resisted, then it became a friend network.

Again, maybe friends can catch up with them one step faster.

"President Chen, we investigated that it is difficult for students to accept users in society at present. They think that the friend network must be their student groups."

Deputy general manager Xu Anhua said.

She has been thinking about it.

If you do not expand the scale of users, even if the friend network is the first in the world, its users are those people.

He is only aimed at students. He is not really social.

In real social life, he needs not only students, but also all kinds of people living on earth.

Only in this way can the whole social layer be continuously improved and show greater charm.

"What if they invite other friends to join?"

"We've tried. They only invite groups that are students like them."

"What do you think if we change this invitation into a game and invite friends to join through the game..."

There are more ways than difficulties.

Previous generations of Facebook can solve the positioning of student groups, and Chen Yu can do the same.

And his way, that is through the game.

However, his game is not a big game, but a small game.