Coal Mine Sells Hundreds Of Billions: I Support Half Of The Entertainment Circle

In the blink of an eye, it was the end of March.

Relying on almost non-stop energy, Chen Ke led his team to create the first version of TT Space in just two weeks.

During this period, the number of registered users of TT skyrocketed to 45 million, and the number of online users reached about 150,000 at the same time.

For a time, many Internet companies, including the three major portals, began to look sideways.

There were even local VCs coming to the door.

The local "Emperor Capital Youth Daily" reported

"TT is named after a national treasure, an upstart in online instant messaging!"

At that time, Imperial City found that the largest consumer weekly newspaper "Boutique Shopping Guide" even reported:

"Internet upstarts aiming at penguins!"

Of course, such reporting is only an expectation.

Compared with the users of Penguin at this time, TT is still less than a fraction of others.

However, it has been seen from here that many people have been suffering for a long time.

By the way, during this time Lin Xuan acquired some businesses and recruited some important people.

For example, Yuanhang Technology acquired Foxmail software from Pengcheng Boda at a price of 240 million Chinese dollars.

That's twice as cheap as the $450 million the Penguins will cost a year later.

So after four years of silence, Zhang Xiaolong, the future father of WeChat, was acquired by Yuanhang Technology.

The other is that Lin Xuan directly recruited the founder of the future 51.COM through McKinsey’s headhunting company,

Pang Shengdong.

Speaking of these two people, Zhang Xiaolong graduated from the Department of Telecommunications of Huazhong University of Science and Technology in 1994.

After graduating from graduate school, I independently wrote the Foxmail mailbox system around 1996, which is an earlier mail software than Outlook.

It was Ding Lei of Netease who developed the mail system at the same time as him.

It's just that one is developed as a client, and the other is developed based on web pages.

After the birth of Foxmail mailbox, the number of users of the Chinese version exceeded 4 million within one year, and the users of the English version spread over more than 20 countries.

Ranked among the top ten domestic software.

Therefore, Zhang Xiaolong is regarded by the industry as the second software engineer after Jinshan Qiubojun.

Zhang Xiaolong is introverted and doesn't like to mingle. He is also an amateur tennis player.

But I don't have much interest in business. When the Foxmail mailbox system is in full swing,

He didn't even think about forming a company, but joined Lingtong Company, a subsidiary of Huacheng Academy of Sciences.

In 1998, Zhang Xiaolong sold Foxmail to Pengcheng Boda for 12 million yuan, and then the Internet bubble burst.

Boda has not found a way to make Foxmail profitable.

Zhang Xiaolong had no choice but to take more than 10 engineers to work as a corporate mailbox.

But this is a very small market, it can be described as lingering.

However, at the end of March 2004, Lin Xuan brought Chen Ke to Pengcheng again.

Direct offer of 200 million to acquire Foxmail,

Finally, after negotiation, it was finally sold at 240 million yuan.

Chen Ke talked with Zhang Xiaolong, both of them were technical backgrounds, as the so-called "smells like each other", they quickly became friends.

Zhang Xiaolong especially admired Chen Ke's fight against the hackers of the beautiful country as a hacker.

With almost no difficulties, Zhang Xiaolong agreed to join Yuanhang Technology with his team.

As for the other Pang Shengdong, he is also a remarkable person,

In 1998, he joined Ma Yun's Yellow Pages Company as a part-time salesman, as the lowest-level employee.

Later, he was transferred to Ningbo Planning Economic Commission, responsible for finding financial information from the Internet, and participated in the construction of Ningbo Information Network during this period.

Later, he made several personal stations,

Including biying.com, zhanzhang.net, 86.net, 1tong.com.cn, etc.

Some fail, but most succeed

However, the most impressive thing is that the interactive social platform 51.com he established,

This is the product that almost drove Penguin into a corner.

In the end, Penguin and 51 were forced to compete for users in Internet cafes across the country.

If it hadn't been for the intervention of the capital and the internal strife among the founders, 51.com may not have grown to the level of rivaling Penguin.

At its peak, 51.com had 51 show, 51 mall, 51 group, 51 ask and so on.

Pang Shengdong also created the same online payment system as Q coins.

It can be said that as long as Penguin has it, 51 must have it too.

Although the value of Zhang Xiaolong and Pang Shengdong joining Yuanhang Technology is not cheap, but in Lin Xuan's opinion, it is very worthwhile.

Pang Shengdong was appointed CEO as soon as he joined the company.

Zhang Xiaolong and Chen Ke became the company's CTO.

At the same time, the company has recruited many people with high salaries from Penguin, the three major portals, and MSN.

In a short period of time, the number of Yuanhang Technology has expanded to two to three hundred people.

In order to facilitate management, but also for formalization.

Yuanhang Technology started to adjust the framework.

The S line and M line were established.

Among them, the S line is the research and development department.

For example, the S1 department developed the TT show.

The S2 department is TT Mall.

S3 is the game department

There are about 12 R&D personnel in each department, but they can be flexibly deployed according to the priorities of the projects.

For example, in the current TT space, almost all R&D personnel are gathered to test and improve.

The M line is the promotion department.

It can be subdivided into M1 advertising planning department, M2 local promotion department, M3 is the liaison department with various related companies, etc.

In addition, there are financial department, public relations department, customer service department and other functional departments

To this end, Lin Xuan also introduced the Six Sigma management model proposed by Motorola in the 1980s.

A dedicated management committee has been established to

Determine the specific improvement projects and improvement sequence, and allocate resources

Regularly evaluate the progress of each project and provide guidance, etc.

In short, in a very short period of time, Lin Xuan has established an excellent team in the imperial capital.

At this time, Penguin, who was preparing for the road show to go public, did not realize that the giant beast was dormant in the distant imperial capital, waiting for the opportunity to soar into the sky.

(PS: The new book asks for an ending, flowers, evaluation votes, your support is the motivation of the author)

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