Chapter 221 Color Head


    Yu Xing''s mind was immersed in the cat seduction action. In addition to trying to communicate with Alibaba''s people, he was also looking for a technical team.


    The original WeChat development was not complicated. It was developed by Zhang Xiaolong, led by a small team of more than ten people, which were divided into iPhone, Symbian, and Android. It did not grow too fast in the first three months of its launch. Regardless of the growth rate or media attention, it was not as good as Xiaomi''s MiTalk next door.


    At that time, in addition to MiTalk and WeChat, there were also mobile communication software such as Kaixin.com''s "Feeddou", Shanda''s "KiKi", Qihoo''s "Shunting". It is not necessary to hide it. It is basically a reference for KiK, a communication software that has gained millions of users in 15 days after it was launched abroad. The team members of WeChat are more of an uncertain mentality and always feel that their existence does not have much meaning, because everything can be done by mobile QQ, and it has a wider coverage and stronger channels.


    It was not until the WeChat version 2.0 appeared voice and introduced huge traffic and support resources of "QQ offline message", that once a bit complicated market competition ended quickly.


    Xiaomi''s MiTalk was the only threatening mobile communication product at that time. It was released early, developed early, and voice functions were added early. Lei Jun also made a judgment that "this is a market of tens of billions of dollars."


    However, Zhang Zhidong, a senior Penguin figure, once invited Xiaomi''s co-founder Lin Bin to have dinner, and sent three signals to Lei Jun through him. First, WeChat is very important to Penguin, second, Penguin wants to gather heavy troops to do WeChat, and third, WeChat has been strategically deployed by Ma Huateng himself.


    There is no doubt that this makes Lei Jun have to decide whether to welcome the full competition from the penguins.


    In the end, Xiaomi wisely turned to focus on creating smartphone products.


    At this point, Penguin has completely obtained a ticket to the mobile Internet era.


    Yu Xing is not too worried about the technical capabilities of development. What he is a little worried about is the subsequent technical support issues such as high concurrency processing, storage and data management. Although it is to be sold to Alibaba in packages, WeChat polishing is still a serious project creation.


    Even though the direction of this project is a dead end, the process of going to the end must be taken seriously, and the effort it requires may be no less than the efforts of the past year or so.


    Yu Xing estimated a general time range. His side would definitely not compete with Penguin in the early stage, but instead tried not to attract attention. But even so, it would only be a 6-8-month competition period at most.


    By this calculation, at the latest before the next Spring Festival, it should be the node of "snake arrival".


    Under the pressure of the giants, they held on until they could not support them, and eventually sold themselves vigorously and introduced heavy competitors to create ultimate trouble...


    Yu Xing thought about it so much that he felt that he was about to burst into tears.


    He sat in the office and smoked several cigarettes in a row, then got up and opened the window to dissipate the smell of smoke. However, as soon as his eyes passed the telephone pole outside the window, he saw his cousin Chu Zhiguang downstairs washing the car with his secretary Zhang Yangxu.


    Yu Xing looked at it for a while and shouted to the bottom: "Xiao Guang, what are you doing?"


    Chu Zhiguang looked up and saw his cousin protruding his head at the window, and answered loudly: "Wash the car, wax it!"


    Yu Xing had never seen him be so enthusiastic about the car before, so he shouted casually: "Bring me a pack of cigarettes later."


    Chu Zhiguang waved his hand and received the order.


    Not long after, Secretary Zhang Yangxu walked into the office and put a "Li Qun" cigarette on the table.


    "Why do you think of getting up and fiddling with the car?" Yu Xing asked while dismantling the cigarette.


    Zhang Yangxu scratched his head: "It''s nothing wrong now. Brother Guang said that it''s almost the Chinese New Year, so I''ll pack up my car and look good when I go back."


    When Yu Xing heard this answer, he walked by the window again. After looking at his cousin who was busy with joy for a while, he suddenly realized that the New Year was coming soon.


    He closed the window with a smile on his face and decided to get things done about his WeChat subsidiary before the New Year.


    Compared with the various money raised by registering a company the year before, it is too simple to register now. What is more important is the distribution of shares. According to the previous verbal agreement with IDG, Bai Xiaosheng can use no more than 8 million yuan. Yu Xing actually did not intend to let Bai Xiaosheng occupy too many shares, and even the upper limit was not used. He only used 6.82 million Chinese coins, which is 1 million US dollars. At the same time, Kestrel Capital will also invest 2 million US dollars, which accounted for a total of 30% of the shares, while he personally held 70%.


    In this way, the overall valuation of WeChat company at the beginning of its establishment reached US$10 million.


    Of course, whether other investors are willing to recognize such valuations depends on the specific development of the company.


    The reason why Yu Xing did not allow Kestrel to hold too many shares is that it is in line with the conventional practice of financing, and on the other hand, this kind of personal shareholding also allows him to have legal and reasonable assets.


    The money in Bai Xiaosheng''s account belongs to the company. Except for part of the money earned by Zhu Shanfeng, most of the remaining money is in overseas company accounts. Personally, Yu Xingming has not realized his financial freedom on the surface.


    Even the Mercedes-Benz he used came from his girlfriend.


    Therefore, this is expected to be the accumulation of Yu Xing’s public wealth.


    In addition, Yu Xing also notified Lu Haiying, Zhong Zhiling, Song Yufeng and Kong Huilin to briefly talk about the prospects and competition of this new incubation, weakening the latter, strengthening the strong, and giving a choice to raise money to Kestrel Capital, and then count it as a slightly risky financial management in the 2 million US dollars it invested.


    Yu Xing did not guarantee or deny the risks, and only asked them to give answers before the Spring Festival.


    Zhong Zhiling had already known this in advance when he arrived in Lin''an. This time he made a decision quickly and unified his understanding with his girlfriend - if the eldest brother wants to cheat others, he will not be so restrained.


    What should be a cheating person? At least we need to be enthusiastic.


    As for the risk of losing money in the project, Bai Xiaosheng was saved up by his senior brother. Guiai.com and Bisheng.com were both successfully sold, whether it was the results of the project operation or the work they had spent in the past year and a half... All of this gave them a kind of trust that was at risk.


    If the elder brother didn’t make it happen, it was definitely not that he was useless, it might be that he really couldn’t make it.


    After discussing this, Zhong Zhiling and Lu Haiying thought this might be a good opportunity and planned to raise 500,000 yuan together. If Song Yufeng and Lu Haiying were willing, the four of them could make up an integer.


    However, unlike the two of them''s determination and trust in Yu Xing, Song Yufeng and Lu Haiying seemed quite hesitant. They wanted to raise money and try it out, but they didn''t want to take out too much. Not to mention 500,000, or 200,000 were hesitant.


    Zhong Zhiling communicated twice, and saw that the chairman really didn''t want to pay more, and he felt that the numbers he collected like this were not very nice, so he came up with a way to let his girlfriend come forward.


    Lu Haiying was extremely shocked when she heard her boyfriend''s idea and had only one reaction: "Is this okay?"


    When Yu Xing heard what Lu Haiying came to find what he said, he couldn''t help but laugh and gave a similar reaction: "This is OK? Xiaoying, don''t tell me, this is your idea."


    "Well... it was Zhiling who thought about it. He said that 700,000 is not nice, but we can''t raise more money now, so we want to borrow 180,000 from our senior brother to make up 880,000 yuan to get a prize." Lu Haiying said honestly, "Then, anyway, we are in the company, and we can directly deduct it from our salary after the New Year."


    When I had no money, I would borrow money from my senior brother, then invest the money in my senior brother’s girlfriend’s company, and then continue to invest in the projects incubated by my senior brother. Finally, I worked in my senior brother’s company to pay back the money…


    Zhong Zhiling trusts his senior brother and is willing to take some risks. Now it is his senior brother''s turn to borrow money to trust him...


    After hearing this, Yu Xing laughed and lent the money to his junior brothers and sisters, fulfilling their wish for a good New Year.


    In this way, 880,000 is equivalent to 129,000 US dollars, which is regarded as the financial management share of Kestrel Capital in US$2 million. Together, we have established a clear shareholding distribution of WeChat subsidiary 7/2/1, completing the first step on the road.


    (This chapter ends)