Technology Bigshot

Chapter 4: $35 Billion Valuation

Chapter 4: Valuation of $35 billion

Ren Hong looked at several roommates with a smile. The next moment, several people burst into 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, the number of daily active users has exceeded 1.2 billion, and the number of instagram users has exceeded 3.3 billion. 580 million, 180 million daily active users. 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 who are eager to communicate with the world have only one way , 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 will inevitably expand to global wide."

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

Zhang Han's excitement continued and continued: "As long as one-tenth of these people, no, one-fifth of Internet users in the world use even online translation, that would be an incredible set 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 instant online translation. How many users are there? I don't know the exact number, but I'm sure it's in the tens of millions."

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

After a long time, a few people in the room were able to calm 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 I think about it, Everyone in the room 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 set a unified price of 15 for this product. RMB 1 month, RMB 41 for three months, 73 RMB for half a year, and 139 RMB for one year, there are four packages in total. New users can register for free for 7 days, and every user who shares and successfully promotes a user to use our products will Enjoy an additional three days of free access with no caps."

Regarding Ren Hong's pricing and promotion plans for even online 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, our product doesn't have any competitors. 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 knife?"

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 curiously at the young man who was always smiling with confidence on the stage. .

"Priceless!" Ren Hong said with great pride: "In the future, the flagship product of each product launch of 'XlouS' must have a gene.

It belongs to the unique corporate DNA 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 is Zhang Han or Chen Kai, when they hear this sentence, they can't help but stunned. I am afraid that no technology company in the world dares 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 hand it over to me for review after you're done!"

"OK!" "Good!"

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

"clear!"

"The product promotion plan is 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 real-time voice and translation. Version 2.0 of mutual translation between texts, which is ten times or even more difficult than developing real-time text translation. Although the benefits obtained are somewhat different from text translation, this is not the reason, because our company is called 'XlouS', And what is the gene for 'XlouS'?"

"change the world!"

The five of them 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. You should settle down and complete the tasks I have assigned to you perfectly. You must do it well and be perfect, otherwise it will just be an intangible pie! Miracles will not appear out of thin air, but we can create miracles. Come 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 by him to the expected range. .

(To be continued...)

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