My Age of Investment

Xia Jingxing sighed in the sky and glanced at Old John, "Don't worry, I didn't say that I will guard the campus market all my life, students will graduate after all!"

Old John became interested and asked with a smile, "Do you still mean to enter the market outside the campus? When?"

"Wait a few more years until I graduate."

Old John's face suddenly collapsed, "Isn't that still three years away?

Otherwise, you graduate now.

When you are successful and become a billionaire, I will give you an "Honorary Doctorate" degree. "

Xia Jingxing laughed, is this a PY transaction?

"Principal, you can't do this. How can you advise students to drop out of school to start a business?"

Old John spread his hands, "As competitors continue to appear, you will face more and more difficulties, and you have to have enough energy to cope with these increasingly complex jobs."

Xia Jingxing said with a smile, "I know this, trust me, I can handle all this properly."

Old John nodded, stopped talking about it, and continued to ask about the release of registration restrictions.

Xia Jingxing patiently explained to him, "The campus market is currently our main market and our dominant market.

There is an old saying in China called "enhancing strengths and avoiding weaknesses", I wonder if Mr. Hennessy, have you heard of it? "

The old man John smiled, "Promoting your strengths and avoiding your weaknesses, this sentence is interesting!"

Andrew tapped his fingers on the table, "Let me say a few words!"

Xia Jingxing and Old John stopped arguing and looked at him together.

"I support Darren's point of view!"

Xia Jingxing glanced at Andrew with admiration, this fat man has good eyesight.

"Andrew, can you think clearly, if Facebook doesn't attack now, there may not be a chance in the future?"

Old John also has his own considerations. As Xia Jingxing said, socializing is a winner-takes-all track.

When the dating network has several times or even ten times as many users as Facebook, Facebook will be passive.

Andrew said with a smile: "Several of their founders are students, and they obviously understand the campus market and student needs better.

If you let them release the registration restrictions, will the existing student users be dissatisfied?

As far as their founders are concerned, it is very likely that they will become mediocre because of the unknown and unfamiliar market.

Facebook does not have its own characteristics, which is equivalent to giving up its own advantages and competing at the same level as the dating network. "

"You can't just watch the dating network eat away at the social market step by step, right?"

Old John frowned, "And we can't do anything."

"We can do it!"

Xia Jingxing picked up the conversation and said, "We will speed up the coverage of the campus market. Once the coverage is completed, we will release the registration restrictions and fight with the dating network."

"How long will it take to occupy the student market?" John asked.

Xia Jingxing shook his head, "It's hard to say, as fast as one year, as slow as two or three years."

"too long!"

Old man John sighed, "I also know the advantages of occupying the campus market first and being invincible.

But in doing so, it is very likely that you will permanently lose the opportunity to be the first in the social industry. "

Seeing that everyone was silent, Old John explained again: "Don't think I'm exaggerating the truth. Social networking sites are a brand new Internet model.

Dating.com is only the second one to emerge, and there may be a third, fourth...

To win, you have to run faster than everyone else. "

"Mr. Hennessy, you are talking about a sprint. Entrepreneurship is not about a momentary explosion, it is more like a marathon. A temporary lead doesn't mean anything. The test is endurance and stable performance."

Xia Jingxing understood Old John's worries,

After all, Facebook was the first social networking site, and it was a normal request for the old man to want Facebook to lead the way.

However, right now, he will not give up the campus market and run to meet his opponent's bayonet.

Wretched development is king!

Is it bad to sit on the mountain and watch tiger fights?

Old John was still a little dissatisfied.

If Facebook's development was slow, he wouldn't have so many troubles. He would just ignore it, just toss it around, and he would only lose 250,000.

But Facebook is doing pretty well.

Because of this, his expectations are constantly rising.

"Otherwise, Andrew and I will invest another sum, and we will recruit another batch of employees to make a social product specifically aimed at markets other than college students."

Xia Jingxing sighed and did not speak, this old man was too stubborn, if he couldn't do it, he made another plan.

He looked at Andrew, wanting to see what the other party's opinion was.

"No need, Mr. Hennessy."

Andrew smiled and persuaded: "Isn't that Amazon store going to officially open?

When Facebook's T-shirts appear in every corner of American campuses, our battle in the campus market should be stable.

At that time, depending on the development of this dating network, we will formulate the next strategy. "

Old John didn't answer, looked at Xia Jingxing and asked, "Daren, how long will it take for those T-shirts to cover the campus?"

"The first batch of T-shirts only had 100,000 pieces, and the number of American college students was 16 million. How can they be said to be covering the campus by selling millions of pieces?"

Xia Jingxing thought for a while and said, "I estimate that it will take at least half a year to achieve this goal."

Old John lowered his head and pinched his eyebrows. It was still a little too long, and it was hard to say that there was no accident in the middle.

Whether it is T-powder that cannot be sold, the advertising effect has not been achieved;

Or the number of users of the dating network surpasses that of Facebook;

are unbearable consequences.

Old John took a deep breath, trying to calm himself down as much as possible.

After a while, after calming down, the old man John said, "Daren, think about it carefully, don't rush to answer me.

During this period, we also pay close attention to the development of the dating network.

If they are not developing well, we will slow down.

If the development is rapid, we must take action. "

Xia Jingxing smiled bitterly.

A wise man has a thousand worries, and he must make a mistake.

He felt that sometimes Old John was too clever and too ambitious.

After a few people chatted in the conference room for more than an hour, Yang Niu arrived in a hurry.

"Did something happen?"

As soon as she entered the conference room, Yang Niu asked eagerly.

Xia Jingxing showed her the website of the dating network, and briefly introduced the opponent's situation and the topics they discussed.

After listening, Yang Niu frowned.

As one of the three founders of Facebook, she has put this career in a very high position in her heart since running Facebook for more than half a year, and she is very eager to succeed!

Now there is a difficult opponent, and the target market is bigger than Facebook, which makes her a little anxious to get angry.

Principal John's idea is to follow up immediately and never leave any chance for the opponent to grow stronger.

Darren's opinion is to consolidate the campus market first, and then seek a larger market.

Each has its own reasons, so she doesn't know which side to support.

She secretly looked at Xia Jingxing, who didn't look sideways and didn't give her any hint.

"Let's consolidate the campus market first. At present, all our preparations are for the campus market, and we cannot give up halfway."

Yang Niu also quickly made up her mind, and she believed that Daeron would not let her down.

The dog also nodded, "Yes, let's do our own thing with the dating network first, and leave the future to time to decide!"

Old John smiled bitterly, four votes to one, which made it difficult for him to insist on his opinion.

"Okay, you are the founders, and I respect your opinions."

Old man John didn't want to cause any estrangement because of this, so he chose to take a step back.

In fact, he only has the right to advise, but not the right to control and the highest decision-making power.