What's wrong with me being a rich man?

Chapter 243 Rejection
Among the three major institutional shareholders of Bai Xiaosheng, Liu Jiankai was not the only one who received the internal testing software from WeChat. In addition, he himself experienced it in depth from the beginning.

This experience surprised him, especially when compared with the benchmark QQ.

Why can a startup make smoother products than giants?
Why can a technical team that has been together for less than half a year achieve such performance?

Admittedly, the winner of such a market will not be determined by the quality of the product, but WeChat company... is serious!

This feeling that emerged was very strange. It cost money, poached people, and spent energy. Yu Xing must be serious about running the WeChat company. This was also the attitude he showed from the beginning.

However, that earnestness only became particularly real now that I have experienced more than just a qualified product.

Liu Jiankai tried for a few more days, and after barely finding the occasional freeze in WeChat, he seemed to be relieved and wanted to call Yu Xing.

But as soon as he dialed the number, he remembered the app on his phone and sent a free text message instead: "Mr. Yu, you are doing well on WeChat, are you serious?"

Yu Xing responded quickly: "You are really annoying. WeChat has been established for three or four months. You are still asking me this?"

Liu Jiankai was speechless. A few months was a fleeting moment for a company that wanted to compete with giants, but Mr. Yu might have already been fighting for a hundred days...

After a long time, he sent another WeChat message to wish WeChat success, but he did not receive a reply from Mr. Yu.

The products produced by WeChat are impressive, but the organizational capabilities behind these products that were created from scratch are even more worthy of consideration.

The more Liu Jiankai thought about it, the more regretful he felt. If he had changed his opponent...

He did not discuss the matter with his boss Xu Xin, but he did buy an Android phone specifically to try out the performance of different versions of WeChat.

This exchange...

Compared with Nokia's Symbian version, Liu Jiankai feels that WeChat under the Android system is smoother, and it also has a set of more expressive emoticons.

However, I don’t know if it’s because the Symbian system is too outdated, but the WeChat on this Samsung phone in my hand has encountered several problems after intensive use within a few days.

For example, when you switch to the background and then open WeChat, it will load slowly.

Liu Jiankai silently reported the situation to Mr. Yu, in return for a brief thank you. He didn't know whether the other party could resolve the issue.

On June 6, Xu Xin, who had just returned from a business trip, suddenly called Liu Jiankai to come to the office.

"Mr. Liu, what do you think of Penguin Weibo?" Xu Xin asked about recent hot issues after pouring tea.

The development of Sina Weibo has been remarkable. It is like the second dazzling flower that Sina has blossomed after its portal website. Penguin felt threatened and unsurprisingly launched a replica product.

Liu Jiankai took a sip of tea and said slowly: "I think this may be a very unexpected contest."

Xu Xin gestured: "Be more specific."

"Penguin Weibo's move this time is huge, and CEO Ma has come out to support it himself," Liu Jiankai said seriously, "It has mobilized elite forces from several departments to support the development of Penguin Weibo, and..."

He paused and said seriously, "Penguin has imported a lot of traffic to this product. QQ users can open Weibo directly on their accounts, and their dynamics in QQ and Qzone can also be synchronized to Penguin Weibo. This is a strong support in terms of strategy, manpower, traffic, etc., but..."

Xu Xin took over the conversation: "But Penguin Weibo is still at a disadvantage."

"Yes, it's worth thinking about that the penguins are at a disadvantage even after going out like this." Liu Jiankai sighed.

Unlike the failures in e-commerce and search, Weibo is a social field where Penguin is strong, although it is only at a disadvantage now, not a final failure.

Xu Xin asked: "Do you think Penguin can turn this situation around?"

Liu Jiankai drank some tea, thought about it slowly and said, "I think this time may be a little different."

He pursed his lips and gave his reasons: "Penguin Weibo may seem like a Weibo, but it seems to have a different positioning from Sina Weibo. It uses QQ traffic to do social networking among acquaintances through QQ relationship chains, but Sina Weibo is doing social media. The former is a supplement, while the latter seems to have a new way of discussing public topics and spreading hot topics."

"This is somewhat similar to Bai Xiaosheng. Bai Xiaosheng has always had good vitality and spreadability through the discussion and dissemination of workplace hot topics, but it is positioned in the workplace. Sina Weibo is more popular. It is also because of its emergence that the public community risks that were a bit dangerous in the past are being reduced."

"I think there is a problem with Penguin Weibo that is difficult to solve, which is 'Why do we need a second Weibo social platform?'"

"Also, Penguin has strong traffic, but it relies on the user's own friend chain, so a lot of the content is limited. However, Sina Weibo's forwarding has already had some fission dissemination. The former is closed, while the latter is open."

"Oh, yes. Penguin has its own QQ space, friends network, and Penguin Weibo. There are also overlaps and duplications. How to allocate internal resources is also a problem."

"So, I think the Penguins may not be able to get what they want this time."

As long as Penguin wants to do it, Penguin Weibo will definitely be able to operate. The problem is that it is definitely a long way from its goal.

Xu Xin nodded silently. Liu Jiankai had obviously put in a lot of effort to study this, and what he said made a lot of sense.

She took a sip of tea and said slowly, "Sina Weibo has the first-mover advantage and has been snowballing. This time, it is very likely that Penguin will be defeated in its own strong field."

Liu Jiankai feels that this remains to be seen, but there is indeed such a trend.

Xu Xin suddenly changed the subject and asked, "Have you used the WeChat developed by Yu Xing?"

Liu Jiankai was startled when he heard this: "Yes, Mr. Xu, do you have one too?"

Xu Xin's expression froze slightly, and she asked unhappily, "Can't I have it? Is Yu Xing and I so close? Is he so close to you?"

"No, no, that..." Liu Jiankai wisely avoided the question and directly talked about his experience. "I used WeChat last month. At that time, I used Nokia's Symbian. I thought it was good, but when I switched back to mobile QQ, the WeChat experience became amazing!"

Xu Xin was about to nod when she suddenly noticed a problem: "Wait, last month? You used it last month?"

Liu Jiankai responded with a reassuring look.

Xu Xin raised his brows, but slowly calmed down under the vice president's gaze.

There was a vaguely awkward atmosphere in the office.

Xu Xin drank two more sips of tea, as if she had regained her memory: "Oh, yes, it was last month. I also tried it last month."

"Well... I changed my phone last week and tried the Android version of WeChat. There were some minor issues, but these are still shortcomings in the excellent user experience." Liu Jiankai gave his own conclusion and said seriously, "From the user experience alone, limited to the mobile communication function, and given that WeChat's internal beta users are destined to be small, the result of my own use is that WeChat is much better than mobile QQ."

Xu Xin burst out laughing: "You really have too many adjectives."

“Try to be objective,” Liu Jiankai explained, and then added, “But this is already remarkable.”

Xu Xin stood up to add more tea, then sipped it slowly while thinking.

During this period, there was a call on the landline, but after the call, we did not continue the conversation on WeChat.

Liu Jiankai thought about the competition on Weibo, then the situation on WeChat, and finally what came to his mind was what Mr. Xu had said before - this time it is very likely that Penguin will be defeated in its own strong field.

Weibo is like that, what about WeChat?
He thought that Mr. Xu might have a new consideration after experiencing WeChat. At least, he was not as dismissive as he was at first.

"WeChat and Weibo are still different." Xu Xin suddenly said, "QQ is far more core, more powerful, and more strategically prioritized than Weibo."

Liu Jiankai said with emotion: "Yes."

"Yesterday when I was in Beijing, Mr. Zhang from IDG called me specifically to talk about Yu Xing's WeChat. Then, in the evening, after I finished my work, I met with him again and talked for a while." Xu Xin explained the reason. "Mr. Zhang praised it highly, even more than you did about WeChat."

Liu Jiankai was serious and waited for the next words.

Xu Xin asked: "Do you still remember Mr. Zhang's initial attitude towards Yu Xing's incubation of new projects?"

Liu Jiankai nodded: "He is the most opposed among the three families."

"IDG originally held a lot of shares in Penguin, but then South Africa came in and Penguin redeemed its shares, so they withdrew. I think they have a lot of regrets," Xu Xin said with a smile. "But this is all afterthought. Who could have thought that Penguin would develop to what it is today?"

After she finished laughing, she continued, "But if we can make some changes to the current situation of Penguin, how much benefit will there be?"

Liu Jiankai finally couldn't hold back his surprise and anticipation: "Are we going to support the development of WeChat?"

"No, Mr. Zhang also noticed that Penguin was not able to catch up on Weibo, and the content of our conversation was similar to what we talked about today." Xu Xin frowned and said, "WeChat was able to come up with such a product in such a short time. Yu Xing's ability is unquestionable, but Penguin is really suffering from big company disease."

She continued, "But this alone is not enough. Yu Xing has money. When he has spent most of it, he will definitely come looking for investment. Then we can see the effect of products like WeChat in the market."

Liu Jiankai was inexplicably disappointed, even though this decision was not very surprising. If he were in Mr. Xu's position, perhaps he would feel the same way.

Xu Xin asked again: "How much money did Hongshun invest in WeChat?"

Liu Jiankai hesitated for a second and then replied, "It seems to be 500 million US dollars."

"Then I guess..." Xu Xin thought about the situation, "It should be enough for Penguin to notice the emergence of WeChat."

Liu Jiankai nodded and expressed his thoughts: "We can actually try investing less."

Xu Xin shook her head: "Let's wait a little longer. We have to see how the market performs."

This is a safe idea and there is nothing wrong with it.

Whether the product can gain initial recognition from the market is a crucial step.

That night, Xu Xin went home and sat on the sofa, thinking back to the conversation with IDG President Zhang and his own vice president. The performance of WeChat company in creating such a product in such a short time was impeccable.

At eight o'clock in the evening, Li Song returned home.

"Do you have WeChat? The one with Yu Xing." Xu Xin asked.

Li Song replied casually: "Yes, do you want to add me?"

Seeing that he was not surprised, Xu Xin asked suspiciously, "When did you try WeChat?"

Li Song thought for a moment and said, "Last month, at the end of last month."

Xu Xin felt her teeth itching when she heard this answer, and asked, "Then why didn't you tell me about it!"

"He just told me casually, so I just used it casually." Li Song felt puzzled. "How should I tell you? What should I tell you?"

"You bastard! I called him a few days ago and casually asked about the incubation of his project, and only then did he send me the installation package!" Xu Xin said angrily, "It's OK if IDG has it, and it's OK if Liu Jiankai has it, but why do you have it so early?"

Li Song was amused: "So I didn't send it to you? Hey, is the rift between you two so serious? He even went to my company to make trouble, and now we have forgotten our grudges just by laughing!"

Xu Xin pounded the sofa angrily, "You idiot, you idiot!"

She clenched her fists, feeling depressed and puzzled, "Yu Xing wants to compete with Penguin. Doesn't he know that my investment is important? I didn't ask him to do this or that, but why is he so dismissive about the trial at this first opportunity?"

Li Song remained silent and did not express his opinions easily for fear of getting into trouble.

The next day, at ten o'clock in the morning.

Xu Xin was sitting in his office reviewing an investment project when he was suddenly interrupted by a hasty knock on the door.

Liu Jiankai almost barged in, holding up his phone screen and showing it to his boss: "Boss Xu, Boss Xu, look, look, I think it's worth investing in WeChat now!"

Xu Xin stared blankly at the vice president's screen, only seeing a string of names, not understanding why he was suddenly so excited.

"Look, this is my address book! It's my cell phone address book. WeChat can show who in the address book has also registered on WeChat!" Liu Jiankai said quickly, "This version was just updated last night, which means WeChat can make use of the cell phone address book to do something, just like..."

He spoke too fast and choked on his own saliva. After coughing a few times, he said, "Just like Sina Weibo uses forwarding and topics to generate user fission, WeChat can completely use mobile phone address books to generate user fission!"

Xu Xin frowned and thought.

"WeChat and QQ have different positioning, just like two Weibo accounts. WeChat's product experience is better than QQ's. It's also like two Weibo accounts on mobile devices. WeChat can use the mobile phone address book to do fission, just like Sina Weibo can expand certain first-mover advantages." Liu Jiankai elaborated on his thoughts and compared Sina Weibo, which put Penguin at a disadvantage.

Xu Xin didn't say anything.

Liu Jiankai expressed his opinion again: "Yu Xing's ability, the technical level of WeChat, the performance of WeChat, and the slowness of its competitor Penguin, I think we can make an investment attempt based on these."

Xu Xin thought about it for a long time, pondered the relevant performance repeatedly, and finally said: "Then you contact Yu Xing, we can try a small investment."

Liu Jiankai walked out of the office excitedly.

However, after a moment, he walked back feeling embarrassed and helpless.

Seeing this, Xu Xin asked in confusion: "What's wrong? He offered a very high price?"

"Uh, no, um..." Liu Jiankai said, "He directly refused and didn't make an offer."

Xu Xin was stunned: "?"

Five seconds later, she snorted, "What do you mean by no offer? He just wants more! I'll give him the call!"

Half a minute later, the call was connected and ended quickly, and the answer was no different.

Xu Xin held the phone, looked at the vice president, and asked angrily, "Why?"

Liu Jiankai couldn't answer, he didn't know why, but what made him happy was... Yu Xing did reject everyone fairly.

(End of this chapter)