"Chen Ping, the Chinese Character Dictation Competition is going to invite you again."

"ah?"

"Don't want to go?"

"No, of course I am willing."

Early in the morning, Wang Jinhua and Wu Yu came to Chen Ping's apartment.

==

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"Mr. Chen, you are simply a genius."

"Mr. Dais, I can only say that you are too discerning."

"Hahaha, hahaha, no matter what, come on, cheers."

On the day that Huanyu Video became the number one website in the global video field, Dai Si invited Chen Yu to dinner.

Of course, Americans don’t have many traditions of treating guests to dinner, and they don’t like to treat guests. However, Dai Si knew that Chen Yu was Chinese, so according to Chinese rules, Dai Si treated Chen Yu to a luxurious Chinese meal. It can also be seen from this that Dais has great recognition of the recent performance of Huanyu Video.

As for what Chen Yu said about him being discerning, even though he was complaining in his heart, it was all because of you.

But anyway, the final result is good.

Huanyu Video’s current valuation not only exceeds the previous US$20 billion, but has also risen a lot, reaching US$30 billion.

In such a short period of time, their investment increased by more than 50%, and the return was simply astonishing.

You know, their investment is not just a few tens or millions, but an investment of billions of dollars.

The return on investment of such a large amount of money is 10% per year, which is quite astonishing.

"cheers."

Chen Yu was extremely happy after defeating Youtube.

In the previous plan, Chen Yu was also prepared for a protracted war with YouTube.

Because in Chen Yu's vision at that time, video websites were meant to be long-lasting sites.

Just like Youku and Tudou in China, they have been fighting for more than ten years, but neither one has won. Instead, the two have merged.

Did you think this was the end?

Later, Penguin Video and iQiyu continued to compete in the video area.

The two parties invest tens of billions of dollars in video every year, and there is still no winner yet.

But Chen Yu didn't expect that with the use of big data algorithms, the potential he showed would be so terrifying. Not only did Huanyu Video rise rapidly, but it also surpassed YouTube in a short period of time.

Of course, this is also related to the fact that competitors failed to understand their core model clearly at once.

This is a limitation of the times and cannot be broken by this generation.

"By the way, Mr. Chen, when do you plan to go public with Huanyu Video?"

"It's not so soon yet. If it's launched now, it would be too underestimated. Huanyu Video is far from mature. Why, Dai Si..."

Seeing Dai Si sighing, Chen Yu asked, "Is there any problem?"

"It's not a problem. The main thing is that if you don't go public, I guess I'll have to take a break for a while in the future?"

Seeing that Chen Yu didn't understand, Dai Si said: "Your friends and Huanyu Video have already invested too much money in our Mogen. My funding authority has completely exceeded the standard."

"Haha, then Mr. Dais, you can consider selling some shares, I don't mind."

Although the company is not listed, shares can still be transferred or traded.

But this time it was Dai Si's turn to be unwilling: "No, as you said, if we sell now, wouldn't it be a loss?"

This loss is definitely not a loss.

Regardless of whether it is Friends Network or Huanyu Video, based on their original investment in Mogen, they have made a lot of money now.

But they won't do it now. Before it goes public, it's basically impossible for them to sell their potential shares.

Even if it goes public, they assess that the company still has great potential and they will not sell their shares.

"Of course, that's not all. The main reason is that there are probably no more companies worth selling in the Internet sector. You know, I am relatively familiar with the Internet business. Now that we have obtained the last ticket for the Internet, it can be considered a success. It’s over.”

Although he will have to rest for a while, Dais is still quite satisfied.

If you can invest in Friends.com and Huanyu Video with your lapel, even if you retire now, it is worth bragging about taking it out.

"Well..."

Chen Yu hesitated and looked at Dais: "Mr. Dais, if I said that I still have a ticket, would you believe it?"

"Another ticket?"

Dai Si was frightened by Chen Yu's words: "Mr. Chen, please don't joke."

"I'm not kidding."

"Didn't you say that the video business is the last ticket to the Internet?"

"Didn't I say you would pay a high price?"

"I……"

At this moment, Dai Si was petrified.

Unexpectedly, despite all their calculations, they were tricked by Chen Yu in the end.

The last ticket, damn it, it’s all a scam.

However, Dais felt something strange: "Isn't the video the last ticket to the Internet?"

Although Dais is not an Internet practitioner, since he is an investor, he knows more about the Internet.

Previously, instant messaging, portals, social networking sites, search engines, email, e-commerce... including some vertical platforms. These have all appeared one after another, and basically all the businesses that can be developed on the Internet have developed. If you want to enter now, it will be as difficult as climbing to the sky.

Of course, there is no chance of entry.

Either you take over other investors' stocks, or you support another website to compete with them.

The cost of taking over the shares held by others is too high, and they have no profit margin.

Support another platform?

I would like to ask, who can defeat Yahoo now, and who can seize Google's market?

Who can take down Amazon’s e-commerce?

Therefore, the video Chen Yu mentioned is the last Internet ticket, which is why his lethality is so great.

If you miss this ticket, you will miss the video.

When you look back, the funds you have to pay will be ten times, or even a hundred times, the original amount.

This is very normal in the capital investment circle.

But Dais just doesn’t understand. Apart from the video business, is there any other big business on the Internet?

Dai Si thought about it carefully, it seems not.

"Mr. Chen, do you have any other Internet projects?"

"Of course."

"What is it?"

"Keep it secret."

Chen Yu smiled slightly.

How can you say such a thing?

"Mr. Chen, you are joking again."

"Just think I'm kidding."

Is it okay if Chen Yu is not here yet?

What do you mean by tickets?

He actually has no limits.

If you say he is the last one, he is the last one.

You say he is not, but if he launches a new business, wouldn't it be the case?

However, Dais was unsure and said: "Mr. Chen, no matter what, if you really have any Internet projects in the future and need investment, please remember to contact me then."

"Didn't you say that the fund limit has been exhausted?"

"That's for others. For you, Mr. Chen, we will vote for you even if we spend all our money."

No matter whether Chen Yu cheated them or not.

Dais is an excellent venture capital manager who only looks for results.

It doesn't matter if there are pitfalls in the process, as long as they make money in the end result.

Furthermore, this is not a trap.

It can only be said that they did not look far enough.

But whose fault is that?

They are just investors, how can they know so much about the Internet?

Then again, even those Internet practitioners can’t think of many of them, right?

"Hahaha, easy to say, easy to say."

Chen Yu laughed.

As for the projects he wants to undertake in the future, Chen Yu feels that it is not yet time yet.

Again.

Now Chen Yu has a more important thing to do...

"Mr. Chen, you are back."

"Enough is enough. Do you think I will stay abroad forever?"

"I'm really afraid that you always want to make money abroad and don't want to come back."

"How can it be."

The Huanyu Video matter was temporarily stabilized abroad, and Chen Yu returned to China.

"How about the production volume?"

"Five million units have been produced so far."

"Five million units are not enough. We must speed up our efforts and strive to achieve 10 million units in the first mass production."

"The first mass production is only 10 million units. Can we sell so many?"

"What do you think?"

Chen Yu looked at Wu Kai with a smile.

After a while, Wu Kai said excitedly: "Yes."

"Let me tell you."

Chen Yu was very satisfied: "Brother, it seems that you are very confident this time."

"It's not a matter of confidence. The main thing is that when I think about our 4th generation Pear, I can't help but get excited. I feel that if our 4th generation Pear is launched..."

At this point, Wu Kai became excited again.

That's right.

The more important thing Chen Yu said is that the 4th generation of Lizi is about to be launched.

As the most important product of Huanyu Technology and the product with the most technological content, the 4th generation of Lizi has placed the infinite hope of Huanyu Technology. For Chen Yu, the Lizi 4th generation is the key to Chen Yu’s smartphone layout.

Of course, this time, Chen Yu’s interest in Lizi 4th Generation is not limited to the domestic market.

It’s not just limited to Asia.

For the fourth generation of Lizi, Chen Yu is targeting the global market.

Although the Pear Series MP3s had also been sold around the world before, Chen Yu did not pay special attention to the global market at that time.

Even the global market is selling well.

But now, Chen Yu wants to completely put the pear brand into the global market.

He wants everyone to thoroughly remember the brand Pear.

"In that case, let's call everyone and let's have a meeting."

Chen Yu is also looking forward to it.

He wants to see how amazing the world will be when their 4th generation Pear appears.

"Brothers, I heard that the fourth generation of Lizi is about to be launched."

"Well, I saw it. It is said that this will be an epoch-making product."

"I have seen it too. Especially their promotional advertisements. Although the main product functions are not introduced, but judging from their promotional tone, this time the Lizi 4th generation will shock the world."

The Shanglizi MP3 series itself is unique in the world.

Although its market share is not large, far less than that of mobile phones, the brand effect has been established.

And then a series of other manufacturers followed suit, which further highlighted the innovation of Lizi MP3.

Starting from the first generation of Lizi, almost every generation is so exciting.

Now it is the 4th generation of Pears.

In the official words of Huanyu Technology, he will change the world.

It may be an exaggeration to say that this will change the world.

However, many fans know that Huanyu Technology has generally been relatively restrained before promoting the Lizi series of products. It wasn't until the real product was unveiled that it captured everyone with a series of innovations. But now, Lianlianyu Technology officials can’t help but exclaim for this product.

Can you imagine how this would be a product that changes the world?

Of course, this is not just for domestic fans.

Abroad, the same Lizi brand also allows it to own many hardcore players.

In terms of overall brand power, Pear is certainly not as good as IBM, not as good as Apple, not as good as many technology giants.

But when it comes to MP3, Li Zi dares to say that it is the first, and no one dares to say that it is second.

now.

The world's number one MP3 manufacturer is finally launching their latest product.

Of course, in fact, Lizi MP3 is more than just an MP3.

If it were just MP3, then its sales would never increase.

Because mp3 is a niche product.

After Lizi MP3 added the electronic watch function, Lizi MP3 is no longer a pure MP3.

As for what exactly is a pear?

No one can completely define it yet.

If you really want to define it, then he is a pear.

Pears are not just a brand, but also synonymous with this category of products.

"God, Huanyu Technology's Lizi 4th generation is about to be launched. I like this product so much."

"Me too, I just don't know if this product can be launched on our side as soon as possible."

"Don't worry, this time it is said that the 4th generation of Lizi will be launched globally."

"It would be great."

"By the way, when will the press conference be held?"

"Just recently."

"OK, let's watch their press conference together then."

The press conference of the 4th generation of Lizi is still in the deep city.

Wu Kai had previously proposed that the Lizi 4th generation press conference would be held in Germany or the United States.

But in the end Chen Yu said no.

He just wants to put it in the country.

Although Chen Yu knew that Wu Kai had deep intentions in doing this, he was also good for the global market.

But Chen Yu didn't think so.

The path that Chinese people have been taking is to constantly cater to the global market.

But this pandering is passive.

What Chen Yu needs is to take the initiative to lead the entire market and the entire world.

He wants all manufacturers and consumers around the world to shift their attention from abroad to China and to Huanyu Technology.

He wants Huanyu Technology’s innovation and Huanyu Technology’s gameplay to subvert their thinking.

If we don’t have such courage, we may have many difficulties in developing smartphones in the future.

You know, smartphones are nothing new.

Likewise, the touch of a smartphone is nothing new.

Without a strong, time-leading idea, it will be difficult to bring your product to the world.

At that time, you may be forced by the market to make changes to yourself.

But what Chen Yu needs is not for the market to change him, but for him to change the market.

"Mr. Chen, are you coming to this press conference?"

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