Rebirth 2003: Dominate the Tech World

Seeing that everyone was listening attentively, Ye Yunzhou said: “We are going to update three functions this time. The first one is campus groups. After this function is updated, users can join groups specific to their school, so that users can more easily find people from their school and communicate with them. The second function is personal status. After adding this function, users can update their personal status to tell friends where they are or what they are doing. This function allows users to quickly share their activities or moods. The third one to be added is the graffiti wall function. The graffiti wall is a space on the user’s profile page where friends can post messages. This function will make the interaction between users more intuitive and public.”

Ye Yunzhou was talking, and other participants were taking notes. Shangguan Wan’er, the president’s assistant who was responsible for the meeting minutes, was even more focused, for fear of missing a word from Ye Yunzhou.

“Well, the function update of Facebook will be handed over to our technical director Xu Liuyang. When I wrote the Facebook architecture, I had reserved the ports for these functions, so adding functions should not be difficult. I will give your technical department two days.”

After Ye Yunzhou finished speaking, Xu Liuyang nodded, indicating that the function update will be completed in two days.

Ye Yunzhou really wanted to see what Xiao Ma would look like when he saw Facebook update so many functions at once.

The campus network is different from Facebook. For these functions, if the campus network is asked to add them, most of the underlying code needs to be rewritten, which is difficult to complete without ten days and a half months. By the time he copied these functions, the number of Facebook users has surpassed it by a large margin.

This is called as long as my innovation is fast enough, others can’t keep up with it even if they copy it.

“By the way, there is another function that can be tested now. We will update it at the end of this year.”

As soon as Ye Yunzhou said this, everyone looked at him to see what other functions there were, because there were already enough functions updated today.

“Well, this feature is the news dynamics feature. This feature will display the latest activities of the user’s friends, such as status updates, new photos, friend additions, etc. This feature needs to be tested well, and it will become one of the main features of our Facebook in the future.”

Everyone nodded, and Xu Liuyang wrote down every word.

“Okay, next, Xu Liuyang, tell me about the technical department.”

Xu Liuyang nodded and said, “President, partners. Our technical department has recently eliminated some people and added some partners. The team is currently stabilizing. In terms of projects, the “Twitter” we are currently developing is progressing smoothly. We expect to be able to conduct product testing before the end of the year and launch it at the beginning of next year.”

Twitter is the product that Ye Yunzhou appointed Xu Liuyang to be fully responsible for after he joined Alphabet. He has been watching it personally and has not encountered any problems so far. The project is progressing quite fast.

Xu Liuyang paused for a while and continued: “In addition, the ‘Hahayou Game Studio’ that I am temporarily managing has formed a team of about 20 people. These people are now receiving training on company regulations and corporate culture from the Human Resources Department, and can start game development at any time.”

After Xu Liuyang finished speaking, Ye Yunzhou pondered for a while and said: “Well, let’s do this. The 20 people from Hahayou will be arranged to rotate in the technical department for a week. After a week, they will be gathered together. I will tell everyone about the game project we are going to develop at that time.”

The reason why Ye Yunzhou made this arrangement is that his game engine has not been completed yet. Arranging these people to rotate in the technical department will allow them to better integrate into the big family of Alphabet Company.

After Xu Liuyang finished his report, Ye Yunzhou signaled Zhao Man to start.

As the human resources director of Alphabet Company, Zhao Man also takes care of many operations and is one of the most important cores of Alphabet Company.

“President, partners. Since its establishment, our Alphabet Company has developed rapidly. At present, the total number of employees in the company has exceeded 150, reaching a scale of 156.

“Among them, the marketing department has reached 50 people, the technical department has reached 45 people, the customer service department has 15 people, the finance department has 6 people, the human resources department has 10 people, and the newly established legal department has 10 people. The head of the legal department is a partner poached from Junhe Law Firm and is expected to take up the post tomorrow.”

“Well, there are 20 people in Hahayou Studio, who are still in training.”

Ye Yunzhou nodded slightly and asked: “Do these 156 people include the 30 people sent to the United States and Europe to set up branches?”

“Included, President.”

Ye Yunzhou frowned and said: “So our staff has to increase, and we will continue to recruit.”

Zhao Man nodded and wrote down Ye Yunzhou’s opinion.After a moment of contemplation, Ye Yunzhou continued: “I would like to say a few things about the construction of the talent team. First, we need to clarify the team composition and roles. For example, we need to determine the key positions and determine which positions are core based on our business model and strategic goals. We need to formulate job descriptions and clarify the specific responsibilities and skill requirements of each position.”

“Secondly, about the strategy of attracting talents. I think it is important to create an attractive culture. We need to build an open, inclusive and vibrant working environment. In this regard, we can learn from Google, and the corporate culture they have built is very good.”

“And we will have an equity incentive plan next to provide stock options for our core team. You can use this condition to attract them when recruiting core members.”

When Ye Yunzhou finished talking about equity incentives, everyone’s eyes lit up. They are all company veterans, and their equity will definitely not be less. With the current growth rate of Facebook, they will soon be financially independent.

At this time, they felt that the original choice was really right. Who would have thought that Alphabet could develop so fast?

After everyone finished recording, they looked at him eagerly. Ye Yunzhou continued, “Regarding training. Onboarding training should be strengthened to ensure that new employees can quickly integrate into our team and understand the company culture. At the same time, the mentor system should be improved as soon as possible, and a mechanism for senior employees to guide new employees should be established.”

After Ye Yunzhou finished speaking, he thought for a while, thinking about what other methods can be used to strengthen team building in the future.

“Well, there is one last point, performance management and incentives. Regular performance evaluations should be conducted to understand employee performance and give feedback. At the same time, bonuses, promotions and other forms of rewards should be established to motivate employees.”

“In addition, communication and collaboration between different departments should be encouraged to promote information sharing.”

“Also, employee satisfaction surveys should be conducted regularly to understand employees’ needs and dissatisfaction, and actions should be taken based on the survey results to continuously improve the working environment and conditions.”

“Regarding the charter for talent team building, you executives should discuss and form a formal text, and then issue it as company regulations after review and signature. Zhao Man is responsible for this matter, and others will assist.”

After Ye Yunzhou finished speaking, others nodded in agreement.

“Okay, let Su Qing talk about the company’s financial situation next.”

Su Qing nodded and began to introduce the financial situation.

“President, partners. Alphabet currently has 110 million RMB in its financial account. In the past month, the company’s marketing expenses have reached 16 million RMB, server rental 6 million, and technical department expenses are about 1 million RMB. At the same time, the funds taken away by the two groups of employees in the United States and Europe to establish branches are 8 million RMB respectively. As for the company’s daily expenses plus monthly employee salaries, it is about 1.6 million RMB.”

Ye Yunzhou nodded. He was still very satisfied with the current expenditure and achievements. However, since Facebook has not yet started commercialization, the income is basically zero.

However, as long as the number of Facebook users grows, he has many ways to achieve revenue growth. At present, user growth is still the main focus, and premature commercialization is not conducive to user experience.

“Well, Su Qing, the company is in its early stages. You in the Finance Department must keep a close eye on every expense of the company and strive to use every penny of funds where it counts. Of course, you must also be willing to spend the money that should be spent, so as not to affect the students in the business department.”

Su Qing nodded and took note of Ye Yunzhou’s suggestion.

“Next, Zhao Yutong, do you have any questions for the customer service department?”

“President, I request additional staff. With the growth of Facebook users, our students in the customer service department are completely overwhelmed.”

Ye Yunzhou frowned, then relaxed: “I approve Zhao Yutong’s request. You can communicate with Zhao Man about the missing people, and the Human Resources Department can start recruiting people.”

“Okay, thank you, President.” Zhao Yutong said happily.