Technology Bigshot Chapter 4: : Valued at $35 billion

Chapter Four: $35 Billion Valuation

Ren Hong looked at several roommates with a smile. The next moment, several people burst into warm applause. Although the applause was not grand, it was the first time he felt extremely satisfied.

"Let me calculate a set of big data!" Zhang Han couldn't help but said excitedly: "Currently, the number of global Internet users has exceeded 3.3 billion, the number of Facebook users has exceeded 2.2 billion, and the number of daily active users has exceeded 1.2 billion. The number of users is 580 million, and the number of daily active users is 180 million. The users who are active on the Internet come from different countries and regions around the world. Although most people communicate and interact in their own circles, some people are eager to communicate with the world. There is only one way, and that is to learn English well, otherwise it will be difficult for their circle to expand to the world. I am more willing to believe that their circle cannot expand to the world because of communication barriers. Once there is no such obstacle and barrier, then this circle must be will expand globally."

The more Zhang Han spoke, the more excited he became. The people present were also very excited. What does this mean?

Excited, Zhang Han continued: "Global Internet users, as long as one-tenth of these people, no, one-fifth of them use even online translation, that would be an incredible group of data.”

"You also underestimate people's desire for communication and interaction. It is self-evident in China alone. I really can't think of a reason why a senior Internet user who only knows his native language does not use real-time online translation. , and how many such users are there in the world? I don't know the exact number, but I can be sure that it is in units of tens of millions."

"And this estimate is too conservative, it should be calculated in billions." Ren Hong corrected.

For a long time, several talents in the room were calmed down. These data all told them how promising this should be and how promising such an artifact is. This is a product that can affect the world. Whenever Thinking of this, everyone present was extremely excited.

How not to get excited about such a great product from their company?

After a long pause, Ren Hong on the stage spoke again and said: "I have already thought about how to make this product profitable. Instant online translation will become a paid software, and I have decided to unify the product. The price is 15 RMB per month, 41 RMB for three months, 73 RMB for half a year, 139 RMB for one year, a total of four packages. New users can register for free for 7 days, and each user shares and successfully promotes a user to use us of products will enjoy an additional three days of free access, with no cap."

About Ren Hong's pricing and promotion plan for online mutual translation, everyone has no objection. The promotion has no new tricks, but it is a simple and rude promotion strategy. Now XlouS obviously does not have the ability to spend money to promote it.

As for the pricing, 15RMB is obviously an acceptable range, and those who have this demand will definitely not be stingy with 15RMB a month, four packages, the more you buy, the more affordable it will be.

"My God, we don't have any competitors for this product. How much can we make if it is launched?" Zhou Hui was stunned for a while.

Ren Hong smiled and said, "After launching the instant online translation product, my valuation of 'XlouS' is US$35 billion."

"35 billion? US dollars?"

Several roommates were frightened by this astronomical number, really frightened.

This is not a lie, but it is worth the price.

"Then, Ren Hong, what is your maximum valuation for 'XlouS'?" Zhang Han couldn't help but ask, this question also attracted several other roommates, who all looked at the stage with a confident smile. wearing youth.

"Priceless!" Ren Hong said with great arrogance: "From now on, the flagship product of each product launch of 'XlouS' must have a gene, which belongs to the unique corporate gene of the technology company 'XlouS'. "

Ren Hong looked at everyone's curious eyes and finally said: "Our company's genes are... to change the world!"

Whether it was Zhang Han or Chen Kai, when they heard this sentence, they couldn't help but stunned. I'm afraid no technology company in the world would dare to say this sentence. But Ren Hong is extremely confident, changing the world is the gene he gave "XlouS".

Ren Hong snapped his fingers and said to the crowd: "This is the end of my first product introduction. I'm busy now, Chen Kai, you are responsible for applying for the company domain name of 'XlouS'!"

"No problem!"

"Zhou Hui! Li Wei! The two of you are in charge of designing the company's official website, and then hand it over to me for review!"

"OK!" "OK!"

"The remaining people are responsible for improving the bugs that may exist even in online translation!"

"Got it!"

"The product promotion plan will be handled by me personally." Having said that, he looked around at everyone and said, "Brothers! Text translation is only the main function of online translation. In the future, our in-depth development of this product will be directed to The 2.0 version of mutual translation between real-time speech and text is ten times more difficult than the development of real-time text translation. Although there is a gap between the benefits and text translation, this is not the reason, because our company is called '' XlouS', and what is the gene of 'XlouS'?"

"Change the world!"

The five said in unison. Everyone was so excited and excited.

"Although this is a huge challenge, we will succeed, and the task of liberating 'Subtitle Jun' falls on us!" Ren Hong said with a relaxed smile, but he was extremely confident. Then, he said something that made everyone present very excited, "Brothers! Hold on for a while, trust me, you will get unimaginable rewards!"

When everyone heard this sentence, their hearts instantly became extremely hot, the value of 35 billion US dollars! Even if the people present are not professional market analysts, they can understand the commercial value of the unique artifact of instant online mutual translation.

"Now. All of you should settle down and complete the tasks I have assigned to you perfectly. You must do it well and be perfect, otherwise it's just an untouchable pie! Miracles won't happen out of thin air, but we can create them. Miracle, calm down and forget the word 35 billion." Ren Hong's voice resounded throughout the room again, and I have to say that he seems to be born with the temperament of a founder and leader, and the emotions of his subordinates are perfectly driven to expectations by him within the range.

(To be continued...)

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