Young Again

When he started accepting manuscripts, Chen Wang quickly recruited a new editorial team to take charge of both review and examination.

Ten people in total.

After Chen Wang issued the request, these people began to work harder.

The funding provided is five million, and based on the station fee of one hundred per post, a total of 50,000 posts will be collected.

It is also necessary to review whether these recommended stores are still in business.

This workload can be said to be extremely large.

The entire department has to review an average of a thousand articles every day, which means that each person has to review a hundred articles. The department is so busy that it almost makes people faint.

So I work overtime every day.

Of course, the new company’s benefits are still good. There is a small amount of subsidy for overtime, overtime meals in the evening, and a driver to take you home.

But this is not a long-term solution.

Frowning, Chen Wang was thinking about something.

Currently, the entire company has more than one hundred employees, and the maximum number of employees that the entire company can accommodate should be around three hundred. Although it is also a small factory, the location is indeed not very convenient.

But it would be nice if the city bus could extend one more stop to provide some convenience for these employees...

But it is a bit early to make such a request now.

Chen Wang did not desert, but stood together with these employees.

He always stays in the office to study, and when someone comes to him, he can make decisions as quickly as possible.

Today, he also left the office after 9pm.

At this time, the aunt who was working overtime pushed a cart with lunch boxes for everyone.

Seeing Chen Wang coming, the team leader of the new department quickly stood up, gave his workstation to Chen Wang, and even got him a lunch box and handed it to him.

He held the lunch box and ate it standing aside.

"Thank you for your hard work, everyone. We are still expanding our department. We will try our best to maintain the number of people above 20, so that it won't be so tiring then." Chen Wang promised his subordinates who were working overtime while eating.

"Mr. Chen, please hire someone quickly... I feel like all my hair is going to fall out." A female college student said crying.

"Mr. Chen." A female college graduate next to him said jokingly, "You don't need to recruit 20 people. Just give 10 of us the salary of 20 people. We guarantee to complete the work of 20 people."

"How about sending fifteen people?" Chen Wang bargained.

"Fifteen people is fine, and the salary will increase by 50%. That's great!" the girl said in a strong voice.

Look, this is the roll skin.

"Okay, when the time comes, I'll raise everyone's salary. The longer the length of service, the higher the salary." Chen Wang started to make plans.

"Let's raise the price now, Mr. Chen, okay?"

The beautiful girl acted coquettishly, making it impossible to refuse.

But capitalists can refuse anything.

"The company is in its start-up phase now. Let's get through this hard time together." Chen Wang said in an official tone.

"Then the newcomers will defeat the old ones~"

After a girl said this, the whole office burst into laughter.

It can be clearly seen that the office atmosphere here is very good.

Of course, this is not Chen Wang’s personal charm.

The main reason is that the salary level is far higher than that of Jiangchuan and comparable to that of Jiangcheng, while the welfare benefits are far higher than the average level of private enterprises in Jiangcheng.

At the same time, their living costs are Jiangchuan's.

Workers do not naturally hate their leaders.

They will be good to whoever is good to me.

The reason why Chen Wang was able to raise the tone so high all of a sudden was not entirely because he was a good person or a good boss, but because this company received strong support from the government when it was first established.

Moreover, because it was the Jiangchuan government that begged Chen Wang to build a factory within Jiangchuan, some hidden expenses were basically kept to the lowest level.

After all, generally speaking, hidden expenses account for at least 20% of corporate expenditures.

Of course, this is just a transition here, and I will eventually be poached by the province.

But even so, I have to stay in Jiangchuan for three years.

There is no way Chen Wang could move without completely gaining control of the local connections and being completely in the dark.

This is the risk resistance awareness that every business must have.

It’s like Pang Donglai has never left Xuchang for so many years.

Ambition can expand, but it must never expand blindly.

"So when will our manuscripts and all the received contributions be published online?" Chen Wang asked.

At this time, the team leader thought for a moment and said, "Probably around May 1st."

"The fastest?" Chen Wang asked.

"Yeah, that's the fastest. And by that time, when there are more articles in the library, we can also see the optimization level of the software." The team leader replied, "But I have another question."

"Yeah, go ahead." Chen Wang raised his head.

The team leader said with a little concern: "Now these articles are 100 yuan each, and all of them have opened a traffic reward mechanism. If all these contents are produced, the royalties we have to pay at that time... That will be a lot."

Chen Wang smiled and said, "With more than 50,000 articles, if we can pay for the traffic reward, how many active users do we have?"

Hearing this, the team leader immediately understood: "That's true."

"So what are you worried about?" Chen Wang seemed to have discovered something and asked without hiding anything.

"I'm not worried, it's just..." The team leader felt a little awkward, "So far, the investment in purchasing volume is too large..."

"I feel that our company's main income now comes from self-media advertising, and I have invested too much in the new project. The company can't support it. When the time comes, it may not work out. The new project will go bankrupt all of a sudden, so everyone will be unemployed?"

"Oh, I dare not, I dare not think so." Because Chen Wang's tone was quite casual when he said it, the team leader was not shocked. He quickly waved his hand and explained, "I think the boss is bold and determined!"

In fact, as an experienced manager, he did feel that Chen Wang was a little too young.

Being able to create a masterpiece like "Eat in Jiangchuan, Benefit in Jiangcheng" that goes with the times, it is no problem for Chen Wang to be called "talented".

But everyone is proud.

Not everything you do is right.

For example, in this brand new field, spending money like crazy to increase sales is going to extremes.

What if it doesn’t work out?
"Relax."

After all, he was not a time traveler, so Chen Wang did not blame the manager for his harsh words. At the same time, he could confidently comfort him: "You can rent a house near the company for a long time, or buy one. If you do a good job, you can do this job for a long time. After all, our project will definitely flourish."

Chen Wang's inexplicable confidence made these new colleagues inexplicably excited.

Of course, I still have doubts.

No matter what, you have to pay one third of the deposit for the house first!
………On the day before May Day, basically all of the five million was spent.

Although the quality of articles varies, it does not affect the outcome. This is what impulse articles are like. More is enough, and users will be able to filter them themselves.

After AI matured, many websites directly used AI to increase their traffic, which is no different from Chen Wang’s indiscriminate collection of manuscripts.

In the conference room, the general manager of Youxiang Software projected the software onto the big screen and began the final presentation.

When the software was opened and the opening animation appeared, and the area of Jiangcheng was located and the pop-up message was sent, all department leaders applauded collectively.

"Silky, so fucking smooth." The deputy general manager immediately burst into curse words and laughed extremely happily.

"And this is the push frequency we set in advance based on the quality of the articles. According to user searches, what appears are basically the ones that best fit the public's consumption psychology. And the completion rate is 50 percent," the general manager introduced.

Chen Wang, who was leaning casually on the swivel chair facing the big screen, pointed to the end of the article and asked, "Is the push of this ad also intelligent?"

"It's very smart." The general manager said proudly, "First of all, in terms of type, it is basically a vertical push based on the user portrait. Then, the frequency is also set quite reasonably. The amount given will determine the effect that can be achieved."

"As for the social attributes, show them off." Chen Wang continued.

Then, the general manager clicked on "Discover", and the first user to appear was Tangtang.

As soon as you click on it, the homepage is filled with a beautiful swimsuit picture that immediately catches your eye.

"This is our most popular anchor, she's very beautiful," he said.

There was a burst of hehehe below.

If you scroll down, you will see various very tempting life sharings.

There are pictures and texts, as well as short videos.

The general manager clicked on a short video and analyzed it while playing it: "I think this is the most powerful thing about our Youxiang. The era of vertical screens will soon begin because of us."

"I think this video-swiping function is the real essence. The length of a video is usually less than 30 seconds. If you see something you don't want to watch, just swipe it down."

"Silky, really silky."

"It's really hard to imagine how big of an impact this software will have on the market."

"Although our current service scope is basically in northern Jingzhou, as long as our download volume soars, we feel that we will be able to obtain a large amount of financing and quickly occupy the national market."

"Let's see if we can get over 500,000 downloads in a month with our own promotion."

“If there’s half a million, that would be a real explosion.”

"Even if someone copies us, it will take at least half a year or three months before they can follow up. By then, we will basically be mature."

"At that time, whoever dares to compete with us for the market will have to spend money to see who spends more."

“The first angel round is very important.”

"Kuaishou's first round of financing was one million US dollars, Ele.me's first round of financing was several million US dollars, and Meituan's first round of financing was 2015 million US dollars from Sequoia Capital. Now basically all boats are rising. I think in , if our market performance is good, it will be no problem for us to get million US dollars in financing."

When the topic came to the most important angel round, Chen Wang remained calm, resting his chin on his hand and leaning sideways on his chair. After the general manager finished his speech, he slowly turned his chair and looked at everyone.

Meituan’s first round of financing was US$12 million from Sequoia Capital, which accounted for 22% of the shares.

Meituan's valuation will be around 400 billion yuan in a few years.

Founder Wang Xing holds about 10% of the shares.

And because of the large number of Class B shares he holds, he has 44 percent of the voting rights (Class B shares are generally held by company founders, and each share has multiple votes, sometimes even dozens of times the voting rights of Class A shares).

Basically under your control.

Chen Wang didn’t know how high he could reach, but if he wanted to become a leader with strong control, he couldn’t be looked down upon just because of his youth.

To show his leadership.

So he sat up straight and made a very powerful decision: "Bet everything, all in."

.........

This wave is considered a gamble.

However, Chen Wang played his cards openly.

That is, short videos will definitely become popular.

Xiaohongshu’s model will also become popular.

He has combined these two, so he will definitely become popular.

So the key to the problem lies in how much you sell "Youxiang".

Chen Wang’s previous public accounts and official accounts on various platforms had about five to six million active Jingbei fans, and this number began to convert rapidly after the software entered the application market.

However, since it is a software download after all, the threshold for conversion is naturally raised, and the conversion rate naturally cannot be too high.

In the first week, the number of downloads was 210,000.

In the second week, the total number of downloads reached 360,000.

In the third week, it reached 490,000.

By the end of the first month, the total number of downloads was half a million.

This is mainly due to downloads from users in the Jingbei area, which has already reached the sixth place in the software download volume list that month.

At this time, at Fujiko's top management meeting, a rather heated discussion was taking place.

"This app is really awesome. It feels much more comprehensive than Dianping."

“It’s not only highly commercialized, but also has some social attributes.”

“Although it’s a bit messy, it feels like it’s designed to highlight the ‘user reviews’ feature, and it’s an enhanced version of Dianping.”

“This short video is so genius. The vertical version will surely lead an era.”

"So far, it seems that the promotion among users is going quite smoothly."

"It's mainly about consumption. This market is too big. If we can really take away Dianping's users, we can catch up."

"Youxiang is preparing for its first round of financing. Mr. Huang, haven't you been cooperating with them? Please tell us."

Everyone focused their attention on Mr. Huang, so he spoke: "I have been paying attention to this kid. He first started a food promotion in Jiangchuan, a small county-level city. Later, we also did a lot of things, basically imitating his model. I can only say that he is very powerful and a demon-like character."

"Can the first round of financing be confirmed?"

"Sure, he has always wanted to cooperate with us." Mr. Huang said, "The kid said that Fujiko is the only one on the list of investors in the first round. But he doesn't want to dilute the equity too much. At the same time, the preconditions for the delivery must be simple and the funds must be in place quickly."

"How much does he think?"

Mr. Huang hesitated for a moment and then said, "He said that this can only be done later because he has to concentrate on the college entrance examination recently..."

When the words "college entrance examination" came out, there was an uproar.

At the same time, it also made these giants laugh.

"Tell him that we can deepen our cooperation."

At this time, the CEO who was browsing the app on his phone put down his phone, tapped his fingers on the table a few times, raised his head, and said in a calm tone: "Ask for 25 million US dollars and 22.5% of the shares. The lowest limit we can accept is million US dollars and %." (End of this chapter)