Chapter 846 Failure
Lu Heng put down the work report in his hand expressionlessly, but thoughts were swirling in his mind.
These two work reports were prepared by Wang Dong and Chen Yibai when they returned. They should have been reviewed by Xu Shaojie from the Supervision Department. However, Xu Shaojie had to stay with Ele.me for now, so he had to let Lu Heng
Check it out on your behalf.
He is the boss anyway, so it is normal to look at the work reports of the lower-level salesmen.
The report covers a lot of content, but the focus is on YY Voice, a subsidiary of Huanju Times. The other party's actions, big and small, during this period are all recorded in it.
After Lu Heng injected capital and the internationally renowned venture capital firm ggv invested US$23 million, the development of yy Voice experienced explosive growth from the end of 2008 to May 2009.
YY Voice itself is an instant messaging software used for game communication, but under Lu Heng's suggestion, this voice software began to evolve into a live video content platform.
Driven by yy, countless gamers began to spontaneously perform singing and other content on this voice communication tool.
Especially after receiving a large amount of investment, YY launched a model of anchor signing, prompting more and more people to join the anchor industry.
These people are no longer limited to the original game players, but some groups that mainly focus on singing, talent performances, and shouting have been born.
Under this "user-generated content" UGC model, it has also brought unimaginable rich returns to yy.
Lu Heng remembered that before he invested in yy last year, there were only 300,000 people online at the same time on yy voice.
It sounds like a lot, but among many Internet companies, this number of users can only be said to be average, and it is not very attractive to investors at all. This is why Li Xueliang was looking for investment everywhere, but only Lu Henghui saw it.
Hero, boldly invested in him at the juncture of the financial crisis.
However, last year there were only 300,000, but as of May this year, the latest statistics have undergone earth-shaking changes!
yy Voice has 1.5 million people online at the same time, more than 15 million registered users, more than 100,000 registered trade unions, and the traffic generated has exceeded 50 million!
What is this concept?
Since the establishment of Tencent QQ, it took three years for the number of people online at the same time to exceed one million. However, it was only officially launched in July 2008. Now, in less than a year, it has exceeded 1.5 million people online at the same time.
Number of people.
Although the Internet environment was completely different between that time and now, its momentum is self-evident.
At least among today's peers in the industry, no one can compare with its momentum.
It is precisely because of its strong potential that yy attracted investment from the internationally renowned venture capital firm ggv, and there are even other investment giants investigating yy.
Maybe some people don't quite understand why free tools like yy, Ele.me, or even 360 anti-virus software and qq attract so many big investors to spend money with them.
They may even think that those big investors are fools, throwing away hundreds of millions and billions to burn.
Are others fools?
The answer is obviously no, because both sides look at things from completely different perspectives.
What ordinary people see is whether the product is losing money or making money, but savvy businessmen see not the gains and losses of one city or one place at this time, but the huge number of users it has.
Why will Tencent become the top three domestic Internet giants in the future, keeping pace with Alibaba and Baidu?
No matter JD.com or later Xiaomi, no matter how glorious it was, it can only be said to be the closest thing to BAT.
One of the reasons is the number of users. Tencent has QQ as a big killer. With more than one billion registered users, it can kill all the same software. As soon as any carefully prepared product is released, it can be used with the help of QQ.
Make a lot of money.
YY Voice is also an instant messaging software. Although its functions focus on games, it also conflicts with QQ.
Perhaps its current value is too far behind QQ, but its potential value is enough to make people look forward to it.
If it develops well, it may not be impossible for yy to become the second qq!
This is also the expectation of founder Li Xueliang and a series of shareholders surrounding yy.
But before it grew stronger, it seemed to have been targeted by that giant-like existence.
"Boss, President Li Xueliang wants to have a video call with you."
Bai Yijing walked in and said playfully.
"Okay, I understand, go down!"
Lu Heng nodded to Bai Yijing, and then silently turned on the computer. After a while, Li Xueling's face appeared in front of him. He was far from happy, and his eyebrows were deeply furrowed.
"Hello!" Lu Heng greeted with a smile.
Li Xueling replied without any pain, "Hi, long time no see, have you been busy lately?"
Lu Heng laughed and said with a smile: "That's it. As you know, I haven't graduated from college yet. I'm going to school all day long. What can I do to be busy?"
Li Xueliang curled his lips and said, "Pretend, just pretend for me. Don't think I don't know that you have opened an investment company again and what big moves are you going to make next?"
"Big move? No big deal, but how did you know I opened an investment company?"
Li Xueling looked at Lu Heng speechlessly, "You have sent all your people to my side. How could I not know that you have a lot of twists and turns in your stomach all day long?"
Lu Heng chuckled and forgot about this.
But it's not his fault. When Genesis opened, it was quiet. Not a single guest was invited. Subconsciously, he felt that not many people knew that he owned this investment company.
But in fact, not to mention Li Xueling, even Liu Qiangdong from Jingdong Mall, Li Xiang from Autohome, and Xu Xin from Capital Today basically all know about it.
After all, Lu Heng's shares in JD.com and YY were renamed from the original personal holdings to those held by Genesis Investment Co., Ltd., so it was only natural that the other party knew about it.
"Okay, okay, I'll treat you to a meal when I have time. I'll just apologize for not inviting you when the new company opens. I read Chen Yibai's and his team's work report today. First of all, I have to congratulate yy on the achievements he has made in the past six months.
The impressive results are really surprising!”
Li Xueling waved his hands reservedly, but the smile on his lips was still difficult to conceal.
As you can imagine, he is also very proud of his company's development in the past six months. After all, as a creative, he has carved out a new way of life from a game website that was about to die, and it is becoming more and more spectacular, and he has enough capital to make a difference.
Lu Heng did not point out Li Xueliang's self-confidence. Instead, he straightened his expression, left the back of the chair, put his hands on the computer desk, and looked at Li Xueliang seriously.
Seeing Lu Heng's behavior, Li Xueliang gradually stopped smiling. Everyone knew that today's video call was not a drama where you praise me and I praise you.
"It's half a year earlier than I expected!" Lu Heng said in a low voice.
"It's a year earlier than I thought. It seems to have failed." Li Xueliang murmured, his tone seemed very hoarse under the spread of electronic signals.
Chapter completed!