Chapter 4: Valuation of US$35 billion

Ren Hong looked at several roommates with a smile. The next moment, the few people burst into warm applause. Although the applause was not grand, it was not a great time for him to feel extremely satisfied for the first time.

"Let me calculate a set of big data!" Zhang Han, excited, couldn't help but say: "At present, the global Internet users have exceeded 3.3 billion, the number of Facebook users has exceeded 2.2 billion, the daily active users have exceeded 1.2 billion, the number of instagram users is 580 million, and the daily active users are 180 million. The users active on the Internet are from different countries and regions around the world. Although most people communicate and interact in their own circles, some people who are eager to communicate with the world have only one way, that is, learn English well, otherwise their circle will be difficult to expand to the world. I am more willing to believe that their circle cannot expand to the world because of communication obstacles. Once there is no such obstacle and barrier, then this circle will inevitably expand to the global scope."

Zhang Han became more and more excited the more he spoke, and everyone present was extremely excited. What does this mean?

Zhang Han continued to be excited: "As long as one-tenth of these people is, no, one-fifty-tenth of them use even if they are online translation, it will be an incredible set of data."

"You underestimate people's desire for communication and interaction. It goes without saying that in China alone, I really can't think of a reason why a senior Internet user who only knows the native language does not use instant online translation. How many such users are there in the world? I don't know the specific number, but I can be sure that it is in the tens of millions."

"And this estimate is too conservative, it should be calculated in billions as the unit of measurement." Ren Hong corrected.

After a long time, several people in the room were able to calm down. These data all told them how promising this model should be and how promising such a magical tool is. This is a product that can influence the world. Whenever I think of this, everyone here is extremely excited.

How can you not be excited about such a great product from their company?

After a long pause, Ren Hong on the stage spoke again and said: "I have already figured out how to make a profit from this product. Instant online translation will become a paid software. I decided to set a unified price of RMB 15 per month, RMB 41 per month, RMB 41 per month, RMB 73 per year, RMB 139 per year, and RMB 1, and a total of four packages. New users can register for 7 days for free. For every user sharing and successfully promoting one user to use our product, they will enjoy an additional three days of free use rights, without a limit."

Regarding Ren Hong's pricing and promotion plan for online translation, no one has any objections. There are no new tricks for promotion, but it is a simple and crude promotion strategy. Now XlouS obviously does not have the ability to spend money to promote.

As for pricing, 15RMB is obviously an acceptable range. People who have this need will never be stingy with 15RMB in January, four packages, the more you buy, the more affordable it is.

"My God, our product has no competitors. How much can we make after it is launched?" Zhou Hui was stunned for a moment.

Ren Hong smiled and said, "After launching the instant online translation product, my valuation of 'XlouS' is $35 billion."

"35 billion? US dollars?"

Several roommates were frightened by this astronomical number and were really frightened.

This is by no means a false statement, but a real value for this price.

"So, Ren Hong, what is your maximum valuation of 'XlouS'?" Zhang Han couldn't help asking. This question also attracted several other roommates, and they looked at the young man on the stage with curiosity.

"Priceless!" Ren Hong said proudly: "In the future, the main products of 'XlouS' every product launch conference will have a gene, which belongs to the corporate genes unique to the 'XlouS' technology company."

Ren Hong looked at everyone's curious eyes and finally said: "Our company's gene is... to change the world!"

Whether it was Zhang Han or Chen Kai, when he heard this, he couldn't help but be shocked. I'm afraid no technology company in the world dared to say this. However, Ren Hong was extremely confident that changing the world was the gene he gave to "XlouS".

Ren Hong snapped his fingers and said to everyone: "My first product introduction is over. Some people are busy next time. Chen Kai, you are responsible for applying for the company domain name of 'XlouS'!"

"no problem!"

"Zhou Hui! Li Wei! You two are responsible for the official website of the design company. After completion, leave it to me for review!"

"OK!" "OK!"

"The rest of the people are responsible for improving the bugs that may exist even if online translation is online!"

"clear!"

"I personally handle the product promotion plan." Speaking of this, he looked around everyone and said, "Brothers! Text translation is only the main function of online translation. In the future, our in-depth development direction of this product is the 2.0 version of the 2.0 version of the product, which is ten times more difficult than developing instant text translation. Although the benefits obtained are different from text translation, this is not a reason, because our company is called 'XlouS', and what is the gene of 'XlouS'?"

“Change the world!”

The five people said in unison in a tacit way. Everyone was so excited and excited.

"Although this is a huge challenge, we will succeed. The task of liberating the 'Subtitle Lord' will fall on us!" Ren Hong said with a relaxed smile, but was extremely confident. Then, he said another sentence that made everyone present excited, "Brothers! Hold on for a while, believe me, you will get unimaginable rewards!"

When everyone heard this sentence, their hearts became extremely hot, with a value of 35 billion US dollars! Even if the people present were not professional market analysts, they could understand what kind of commercial value it has for the unique magical artifact of instant online translation.

"Now, you should calm down and perfectly complete the tasks I assigned you. You must do them well and do them perfectly, otherwise it will be just an intangible pie! Miracles will not appear out of thin air, but we can create miracles, calm down and forget the words 35 billion." Ren Hong's voice resounded throughout the room again. It has to be said that he seemed to be born with the temperament of a founder and leader, and his emotions were perfectly driven to the expected range by him.

(To be continued...)
Chapter completed!