You call this entrepreneurship?

Chapter 475

"Ten million?!" Xiong Xiaoge was so shocked when he heard this number that he was stunned. He couldn't even hold the coffee in his hand steady and almost spilled it on his clothes. "Ten million in one day, even robbing money can't be that fast."

Qin Shaoyan looked at the report in his hand with a somewhat regretful expression, and said with emotion: "I'm still not ruthless enough. The price is too low."

"Is this still low?" Zhang Pingyi was also surprised. "You sell a doghouse for a hundred yuan? You are really shameless."

"I'm selling a golden doghouse for 18,800 and people are still rushing to buy it. Do you believe it?" Qin Shaoyan glanced at the other person and felt that he was surprised. "There are a lot of rich people nowadays, it's just that you don't know much."

"I set a low price for Happy Farm just to gain reputation. I don't want people to say I am taking advantage of the game. Maintaining users is the first priority, and making money is secondary."

Xiong Xiaoge coughed nearby and said, "It would be even better if we could maintain our user base while making money at the same time."

Qin Shaoyan immediately said, "Boss Xiong, it would be better if you could provide me with funds without making any demands on me."

Xiong Xiaoge smiled awkwardly and quickly changed the subject, "Boss Qin, this little web game of yours has brought out unimaginable value in your hands. It has once again impressed me."

Zheng Nan from Sequoia joked, "Boss Xiong, what you said is wrong. Boss Qin always impresses everyone."

"From the initial campus network to the Qvod network, what does this mean?"

"This shows that Mr. Qin is born to be suitable for the Internet. He can succeed in everything he does!"

Zheng Nan was quite proud of himself because he was the one who discovered Qin Shaoyan. If he hadn't had a keen eye for talent, he wouldn't have had so many opportunities to make a fortune.

Sequoia made money one after another from Qin Shaoyan's projects, and it was almost numb with winnings.

Zheng Nan felt that he had great potential to be a talent scout.

Qin Shaoyan is so capable, so if he has any projects in the future, Sequoia will invest directly without even asking.

"Now the number of registered users of Happy Farm has exceeded 50 million, and the maximum number of online users is nearly 20 million." Qin Shaoyan said calmly, "Happy Farm still has a huge room for improvement."

"By the end of this month, Happy Farm's registered users will exceed 100 million, and the peak number of online users will exceed 30 million."

Xiong Xiaoge was shocked by the KPI set by Qin Shaoyan. He frowned and looked at Qin Shaoyan for a few times. He didn't look like he was joking. "Boss Qin, isn't this goal you set a bit high?"

"The performance of Farmville is already very good, so it would be difficult to improve it further."

According to the current data of "Happy Farm", the stock price will definitely surge. Xiong Xiaoge is mainly afraid that Qin Shaoyan will make things worse.

"The reason I say this is because I have the confidence." Qin Shaoyan took out two more documents and handed them to Xiong Xiaoge and Zheng Nan, "Take a look at this."

Xiong Xiaoge took it and glanced at it and was stunned. This was a cooperation agreement between "Happy Farm" and 51.com and 4399. These two websites will do their best to ensure that all traffic is provided for "Happy Farm".

Xiong Xiaoge knew about the matter regarding 51.com. It had been gaining momentum recently and had made Penguin very annoyed.

Sequoia's Zheng Nan knew this clearly because 51.com was invested by Sequoia.

51.com claims to have million registered users. Regardless of how inaccurate the data is, its traffic is still considerable.

Not to mention 4399, which, relying on hao123, also has millions of active users.

What shocked Xiong Xiaoge and Zheng Nan was that a website like 51.com itself lacked traffic, so how could it be willing to direct traffic to Happy Farm? Aren’t they afraid of attracting users?
"How much did you spend to convince 51.com?" Xiong Xiaoge asked in surprise.

"It's not much money. Overall, it may not be as much as what FarmVille earns in a day." Qin Shaoyan said casually.

"How is this possible?" Zheng Nan frowned. "It's so cheap, Pang Shengdong agreed to it?"

"He didn't agree at first, but my people persuaded him." Qin Shaoyan replied, "I used other conditions to compensate them."

"What conditions?" Zheng Nan asked.

"I promised to help them run the game in the future." Qin Shaoyan said with a smile, "They can't refuse this condition."

Zheng Nan suddenly realized that this made sense.

If Qin Shaoyan helps them develop online games, they will definitely make money. For 51.com, which is in urgent need of revenue, this is indeed an offer that cannot be refused.

Xiong Xiaoge thought about it and decided that with these two huge traffic-boosting supplements, the data for Happy Farm would indeed increase significantly.

He is now looking forward to seeing how high Campus Network’s stock price will rise by the end of the month.

"Facebook will launch the overseas version of Farmville before Christmas, and they will directly launch the prop mall function." Qin Shaoyan broke another piece of news, "If you are interested, you can pay attention to their data."

Xiong Xiaoge and Zheng Nan nodded perfunctorily. They were not shareholders of Facebook, and Facebook was not even listed on the stock market. Why should they pay attention to it?
"On January 2007, 2.0, I will officially release a new social product, Weibo," Qin Shaoyan continued. "In the future, I will invest all the resources of the campus network into Weibo and shift the focus of the campus network to this product."

"What?!" Xiong Xiaoge dropped the coffee cup in his hand to the ground, stunned, "Qin Shaoyan, what are you doing?!"

Zheng Nan couldn't sit still any longer. "You just said that you want to give all your resources to Weibo and give up the campus network?"

"We are not giving up the campus network, but gradually transforming it." Qin Shaoyan corrected Zheng Nan's inappropriate wording, "We will use three to five years to transition all users to Weibo."

"Don't play word games with me." Xiong Xiaoge scolded, "Aren't you just giving up? The campus network is fine, why are you doing this?!"

Campus Network has only been listed for a few months, and the founder and major shareholder are already thinking of giving up. If the news gets out, will the stock price still be able to rise? !
Even if we take a step back, the campus network has only been in existence for three years at most, so it is still in its infancy and there is still a long way to go in the future.

Even though the Internet industry updates and iterates quickly, it’s not this fast.

Campus networks are now booming and have become the number one social networking site in China. Why would we give it up?

Facing the aggressive questioning from the two investors, Qin Shaoyan remained extremely calm and said slowly: "You two, do you trust me?"

"Don't interrupt me. Tell me why you want to give up the campus network." Zheng Nan waved his hand. "You need to give us a reasonable explanation."

"If you don't trust me, then nothing I say will be of any use." Qin Shaoyan sighed, "Then what can I say?"

Qin Shaoyan's bad attitude made Zheng Nan laugh, but before he could say anything, he was stopped by Xiong Xiaoge.

Xiong Xiaoge said with a straight face: "Boss Qin, what exactly are you going to do?"

"Mr. Xiong, may I ask, is there anyone in China who has a better understanding of Internet products and grasp of future trends than me?" Qin Shaoyan asked, "Can you name even one?" Xiong Xiaoge was stunned by the question and hesitated.

Qin Shaoyan does have unique insights into the Internet. Whether it is the positioning, understanding, user needs, or product design of Internet products, he is the best in the industry, without a doubt.

From campus network to Qvod network, UI layout, website style and user experience are all objects for others to learn and imitate.

Not to mention in China, even abroad there are few people who are better than Qin Shaoyan. Facebook and YouTube were created by him.

Qin Shaoyan said slowly, "I said that Weibo will definitely be popular and will be the mainstream social platform of the Internet in the future. Do you agree?"

Xiong Xiaoge frowned and said nothing.

"The development of campus networks has reached a bottleneck." Qin Shaoyan continued slowly, "It is different from Facebook. Facebook was developed on university campuses and quickly broke through the limitations of campuses and became a social platform for all people."

"But the campus network is different. It is rooted in the university campus and developed on this soil. This is its advantage and disadvantage."

"Away from the campus environment, the user's real identity has changed, and it is somewhat out of tune with the social network atmosphere of the campus network."

"After all, office workers and college students lack a lot of common language, so social interactions are not that close."

"The campus network has been trying to develop user groups outside the campus before, but it has not been very successful."

Qin Shaoyan said in a very serious tone, "These are all supported by data, but considering that the campus network is going to be listed, I think it is better not to disclose data that is not conducive to the listing."

"After the listing of Campus Network, its stock price has been soaring, presenting a scene of vigorous development and competition, and the development has covered up the contradictions."

"But the growth of campus network users will eventually stagnate, because it has an upper limit, and the number of students on campus is its upper limit."

"The number of Internet users is growing, but the number of college students will not increase on a large scale."

“It is better to take the initiative now than to consider transformation when the development of campus network is hindered.”

Zheng Nan thought for a while with a serious face, and asked: "So you put all your chips on Social 2.0."

"I have always been reluctant to talk about gambling, but now I have to admit that I am gambling." Qin Shaoyan replied, "I am not gambling blindly. I think you should continue to believe in me as you believed in me before."

Although it was difficult to accept emotionally, Xiong Xiaoge and Zheng Nan still listened to Qin Shaoyan's words.

Investors certainly don’t understand the future development of campus networks as well as the CEOs who are actually working on it. They are the ones who are truly close to and understand the market.

When they invested in the campus network, they did not expect this website, which specifically targets the college student market, to become very big.

What they didn't expect was that, thanks to Qin Shaoyan's efforts, the scale of the campus network grew larger and larger, reaching a market value of 10 billion US dollars.

Although it has far exceeded their previous expectations, who doesn't want to make more money?

How to expand the scale of the campus network becomes the primary issue. The stock market looks at your future potential. If your user base doesn’t grow, what’s the point of saying that you have strong profitability.

Previously, they thought that it would be enough to have new students joining continuously and maintain a steady growth in campus network users.

But American investors will definitely feel that their ideas are still too conservative and are very unfavorable to stock prices.

Therefore, the campus network does need a new explosive growth point.

After sorting out the logic, the emotions of both people gradually calmed down.

The excitement before was entirely due to emotional unacceptability and fear derived from possible turbulence in the stock market.

After all, the CEO of a company that just had a market value of tens of billions of dollars announced that its main business was going to fail, so we had to find another way out.

Anyone who has bought the company's stock would not be able to accept this, let alone the investors and shareholders.

Thinking of this, Zheng Nan glanced at Xiong Xiaoge and asked, "Boss Xiong, what do you say?"

Xiong Xiaoge said with a gloomy face: "I reluctantly agree with some of what Qin Shaoyan said, but I disagree with his statement that campus network has no future."

Qin Shaoyan laughed and said, "How about this, you find someone to take my place and see when he can get 100 million users for the campus network."

"..." Zheng Nan glared at Qin Shaoyan, "Don't say anything that is not conducive to unity. No one can replace you."

Qin Shaoyan smiled and said, "I can't say when the campus network will have 100 million users, but I can achieve 100 million users for Weibo within three to five years."

"Are you so confident?" Xiong Xiaoge looked at Qin Shaoyan with suspicion.

"If I don't have confidence, why would I do Social Network 2.0?" Qin Shaoyan said confidently, "I'm doing this for the sake of investors, otherwise I can just lie down and let the campus network develop slowly on its own."

Xiong Xiaoge actually thought that what Qin Shaoyan said made sense. He nodded after a long while, "I think Weibo has a bright future. If we can get 10 million daily active users, then the campus network can be completely transformed."

Qin Shaoyan laughed, "Boss Xiong, you underestimate the potential of Weibo. Ten million a day is just the goal for the first year. My goal is to reach 100 million daily active users."

"Don't be so confident." Xiong Xiaoge frowned and said, "Let's see the product effect first. What if the users are not satisfied? What if the market does not recognize you? What should you do?"

"Then I will go ahead and make an instant messaging software." Qin Shaoyan said very seriously, "The valuation is one billion US dollars, do you want to invest in it?"

Zheng Nan and Xiong Xiaoge pretended not to hear and continued thinking about the Weibo issue.

Seeing that neither of them responded, Qin Shaoyan smiled and said, "Do I need your help with this Weibo matter?"

"Speak." Xiong Xiaoge's expression was indifferent, and it was impossible to tell what he was thinking.

"I hope the two bosses can mobilize your connections." Qin Shaoyan said with a smile, "Find more celebrities to register on Weibo, especially those at the top of Sina Blog."

"Dig as much as you can. The more famous you are, the better."

Xiong Xiaoge frowned and asked unhappily, "Why don't you go yourself?"

"I don't know any celebrities, and I'm not familiar with Sina." Qin Shaoyan answered righteously, "It's hard for me to poach people from Sina."

(End of this chapter)