Chapter 707: Small Games Are Coming

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

Of course, in fact, Huanyu Technology does not only have only one battle, he also has several online games.

However, there are too many places to use money now, even if online games make a lot of money every day, Chen Yu still feels stretched.

Especially in the chip.

And if you want to develop a lithography machine, the capital required is even greater.

Chen Yu studied it, and the investment in the lithography machine starts at least 10 billion yuan.

However, it is impossible for Chen Yu to allocate all the funds of Universal Technology to online games only.

He also has a money-making project, Friends Network.

All right.

In fact, Friends.com is not making money now. After Chen Yu instructed Wang Chang to attach beauty, he was actually in a state of losing money.

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

After several rounds of rioting, Friends.com has become the second social networking site in the United States after Friends.com grabbed the Facebook domain name and launched a group of college students to counterattack Facebook.

Although it is still unable to compare with Facebook for the time being, there are already many capitalists who have taken a fancy to Friends.com.

Such as the previous Bain Capital.

Because of the agreement with Bain Capital, Universal Technology agreed to Bain Capital's investment.

However, the development of social networks is too fast.

In this kind of interpersonal communication, countless people have taken a fancy to the potential of social networks.

Following Bain Capital, SoftBank, Sequoia, Tiger Fund...etc. are all interested in investing in Friends.com.

For these capitals, Chen Yu did not refuse.

But as for the price, it's up to Chen Yu to decide.

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

"I can consider investing in these companies,

But their offer is too low. "

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

Although the social network technology is not very good, it is a very profitable project.

At present, the friend network, which has 30 million registrations, has become the sweet pastry of many capitals.

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

"I don't think we're any worse than Facebook."

"But from the point of view of the number of registrations and active users, there is still a lot of gap between Friends and Facebook for the time being."

"Then wait until we get past Facebook."

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

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

Before Friends.com, Chen Yu kept Wang Chang in charge.

But now, Chen Yu will be personally responsible.

He has to quickly expand the network of friends and surpass Facebook in one fell swoop.

Of course, overtaking Facebook is not the end.

The social network that Chen Yu wants to do is to spread all over the world.

...

"Wang Chang, I will come to the United States tomorrow."

"Mr. Chen, are you coming to the United States?"

"Um."

"Tourism or?"

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

"Mr. Chen, I..."

Wang Chang was a little embarrassed when he received Chen Yu's call.

Looking at Universal Technology, the business performance she is responsible for is average.

"Okay, I'm not blaming you. We started social networking later than Facebook, and we're not fighting in our own country. Of course, we won't be able to surpass Facebook for a while. However, although we started late, as long as we use the right strategy , it is not impossible.”

"That's it, see you tomorrow."

Without further ado, Chen Yu made arrangements at the headquarters and set off for the United States.

When it comes to the United States, Chen Yu is here for the first time.

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

When Chen Yu walked into the friend network in the United States, which is the branch of Universal Technology, Chen Yu looked at it and said, "It looks good, at least it looks decent."

"Mr. Chen, when we first arrived in the United States, we were not familiar with this place at all. We also encountered a series of troubles when we started our business. Fortunately, we have become familiar with it for a while. We have recruited many industry elites here. Business development is on the right track.”

Seeing Chen Yu's smiling face, Wang Chang breathed a sigh of relief.

She once thought that Chen Yu thought she was ineffective.

"Mr. Chen, I have arranged a hotel for you. You just came to the United States, so let's take a rest."

"It's okay, I've rested on the plane, recognize someone before going to the hotel."

"Row."

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

After getting acquainted with the company employees, Chen Yu returned to the hotel.

Although he had rested on the plane, there was still a jet lag, and Chen Yu had to get used to it for a few days.

Almost three days later, Chen Yu was able to adjust to the jet lag, so he held a company meeting.

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

Chen Yu put aside an Internet topic.

All of a sudden, this topic has everyone talking freely.

Everyone is very knowledgeable about the Internet.

The heads of each department also successively expounded their views on the Internet.

Some people think that the reason why the Internet is fascinating is because the Internet is virtual, and everyone can go online and do whatever they want.

Some people also say that the Internet provides convenient communication conditions, so there are social networks, instant messaging, search engines... and so on.

For these, Chen Yu agrees very much.

From their answers, Chen Yu also saw that they have a good understanding of the Internet.

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

Although Chen Yu was not particularly satisfied, it was from his point of view.

For them who have not opened up and cannot predict the future, they have actually done a very good job.

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

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

"Mr. Chen, Friends.com is a social network that expands on the basis of student groups. At present, the number of registrations has exceeded 30 million, but there is still some gap between Facebook. Our goal now is to continue to expand the student group and strive to make global universities, And high school students unite to make the world's largest social networking site for student groups..."

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

But now, Chen Yu shook his head and said, "The student group is too small. To make it bigger, it is necessary to absorb everyone from all over the world."

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

"But then there's the problem, what about the student body against it?"

Chen Yu asked back.

You know, this is how Facebook was opposed by student groups at the time.

They started with Harvard as their main station, and then slowly moved to other universities.

When they were almost done with a series of college student groups, they thought of expanding to the general public.

But unfortunately, a group of students has been opposed, thinking that Facebook should not be introduced to the public.

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

Although the strategy at the time seemed successful.

Friends are online, and Facebook is blocked.

But now, because it only targeted the student group at the beginning, the current friend network has also been restricted.

If the friend network also wants to expand at this time, then he will also 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 be a joke.

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

Wang Chang obviously did not consider how to reverse the concept of students' group break.

Or rather, now is not the time.

The main task now is to expand the market and incorporate all student groups from around the world into the entire website.

"I think that's our number one priority."

Chen Yu shook his head: "At present, Facebook has almost completed the layout of global colleges and universities, and we have only completed half of it. Sooner or later, like Facebook, we will face the problem of expanding positioning. If we don't do it now, we will successfully deploy all colleges and universities. , then we will have more resistance. Like Facebook, they all have some now that they don’t know how to break through.”

Facebook was also devastated by a student group resistance last time.

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

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

Once again, if you can't make friends, you can catch up with them faster.

"Mr. Chen, we investigated and found that it is difficult for the student group to accept social users. They think that Moment Network must be a group of students like them."

Deputy General Manager Xu Anhua said.

She's been thinking about it all the time.

If you don't expand the scale of users, even if Friends.com is the first in the world, then his users are those people.

He's only for students, he's not really social.

In the real society, he not only needs students, he also needs all kinds of people living on the earth.

Only in this way, the entire social network will continue to be layered, in order to show greater charm.

"What if they let them invite other friends to join?"

"We tried and they would only invite groups of students who are like them."

"If we change the way, replace this invitation with a game, and invite friends to join through a game, what do you think..."

There are always more ways than difficulties.

The Facebook in the previous life can solve the positioning of the student group, and Chen Yu can also.

And his way, that is through the game.

However, his game is not that kind of big game, but that kind of small game.