God of Rebirth Trader
Chapter 24: Keeping up with Soros
Soros.
International financial giant.
The head of Quantum Fund.
After long-term observation, analysis and preparation.
He believes that the time has come to make big money by shorting the Thai baht...
...
At the same time, Xiangjiang.
After several days of research and observation, Chen Weidong decided to follow the footsteps of Quantum Fund and lurk in the market first, waiting for the time to mature before launching a fatal blow.
Based on the memory of trading back then.
For this battle, Quantum Fund has gradually established short-selling positions in Thailand six months in advance.
That is, around October of 1996.
It's now.
Taking advantage of this opportunity, Chen Weidong urgently contacted Lin Zeju and asked him to help him convert all the more than 4 billion Hong Kong dollars in his hands into US dollars.
According to the exchange rate of this era, more than 4 billion Hong Kong dollars eventually turned into 500 million U.S. dollars.
Immediately afterwards.
Chen Weidong continued to transfer these U.S. dollars to a Thai bank account prepared in advance and began to short-sell the Thai stock market.
With the support of leverage, US$500 million in funds was magnified 7 times.
A large number of short orders quietly appeared on the market...
During the time when Chen Weidong was deploying in Thailand, Song Yunjiang also called him several times to tell him that the software had been optimized.
Wait until all funds are arranged.
Chen Weidong was free now and took Li Xi'er to the computer company to check the optimization progress of the software.
As soon as he entered the door, Song Yunjiang hurriedly greeted him.
Many programmers from mainland China nodded when they saw Chen Weidong, but did not leave their seats.
Chen Weidong was very satisfied when he saw this.
It seems that Song Yunjiang has arranged the company in an orderly manner during this period, and there has been no trouble.
"Mr. Chen, take a look at our software."
With that said, Song Yunjiang asked two employees to demonstrate the instant messaging software.
I saw two programmers sitting in front of their computers, sending text messages to each other.
Chen Weidong estimated that after the message is sent, the delay is about 4 seconds before the other party can receive the message.
Although it is not as good as the delay of less than 2 seconds in later generations, in 1996, this was already very powerful.
Chen Weidong praised them a few words, and then said with a smile: "I won't be too demanding about the first-generation version. Is the current function only about sending and receiving messages?"
"Mr. Chen, of course not. It also has the function of online transferring files smaller than 30MB." Song Yunjiang explained immediately.
Immediately afterwards, Song Yunjiang asked two programmers to transfer files again.
An office document of about 200KB was sent from one computer to another in less than ten seconds.
Due to insufficient network bandwidth, the speed is relatively slow.
However, these will be greatly improved with the development of the Internet.
For now, this software is completely sufficient.
The rest is how to promote it.
Thinking of this, Chen Weidong turned sideways and said to Song Yunjiang: "What do you think should be a better name for this software?"
Song Yunjiang thought for a while and said: "How about calling it "IC"? It is the abbreviation of "instant communication"."
"IC?..."
Chen Weidong read it several times and found it a bit difficult to pronounce.
Shaked his head.
He added, "It's better to call it CC, which is the abbreviation of "constant communication" in English, which means: continuous communication."
Song Yunjiang's eyes lit up and he said happily: "Mr. Chen, this name is not bad."
"Oh, let's just use it." Chen Weidong actually wanted to call it "QQ", but it was definitely infringement.
Although in this time and space, QQ would not be born until 1999, Chen Weidong always felt that if he did this, would it be a bit too sorry for Xiao Ma?
"It's better to call me TT, it's easier to say than yours." Seeing the two people's hesitation, Li Xi'er couldn't help but interjected.
"TT?"
"I'm still using condoms, Tantan is here."
Chen Weidong thought of a certain social software in later generations, and suddenly felt that it was too vulgar, and he definitely couldn't call it this.
After all, this software is positioned for chatting at any time, daily communication, and office needs.
If you engage in ***, although it may be faster to accumulate customers in the early stage, it will definitely affect the upper limit of subsequent development.
After all, no one would use social software of this nature as a means of communication with family and friends.
Don't go astray.
Therefore, under Chen Weidong's insistence, the final name of the software was called "CC", and the original icon of this software was a planet pattern.
Chen Weidong thought it was too ugly.
Taking into account the three aspects of design, positioning and brand, as well as the characteristics of Chinese society and culture, national moral values and other comprehensive factors.
Chen Weidong drew a panda on the spot similar to the "Ice Squatting" pattern of later generations, as the startup icon of this software.
The honest and cute image of the panda was immediately recognized by the entire company.
After determining these matters, Chen Weidong, Song Yunjiang and others discussed marketing issues in the conference room.
He has only one requirement, and that is to cover the market as quickly as possible at all costs.
Talking about the promotion issue, Song Yunjiang asked doubtfully: "Mr. Chen, how much are we going to charge for this software?"
"Charge?" Chen Weidong was stunned. He really hadn't considered this issue. In the image, Penguin has always been free.
"It's completely free." Chen Weidong thought for a while and said.
"Ah... how can you make money if it's completely free?" Song Yunjiang was surprised. He couldn't just develop it for charity.
Nowadays, any computer software on the market requires a fee. For example, a genuine WPS, a mere word processing software, costs 500 yuan per set.
"Haha, you may not understand it now, but you will know in the future, the free one is the most expensive." Chen Weidong explained earnestly.
He asked Song Yunjiang to first launch the first generation version of CC and fully occupy the market.
When the time comes to cultivate user stickiness, we can then launch some "personalized needs."
For example, CC shows, colorful diamonds, super memberships, etc., there will definitely be people willing to pay.
Especially young people, how can they resist the temptation of comparison.
Chen Weidong laughed when he thought of the money-stealing functions of later generations.
After listening to Chen Weidong's explanation, Song Yunjiang was so impressed that he fell to the ground with admiration.
It turns out that the boss had a plan, but he was still worried about not being able to make a profit. It was so stupid. No wonder someone else was the boss and he was just a code writer.
Even the way Li Xier looked at Chen Weidong changed.
What she saw was something deeper than Song Yunjiang.
Others sell software and only make money once, but Chen Weidong intends to make people pay continuously and make continuous profits.
Even if it's just a few dollars at a time, a trickle can turn into a big river over time.
"Call Lin Zeju and ask him to come to the company to take a look."
Chen Weidong said to Li Xier.
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