My Age of Investment

???? "Entering the international market\

,"???? "Open Facebook to all people to register\

,"???? "Online Advertising Service".

???? These three proposals were said one by one from Xia Jingxing's mouth, and one was more powerful than the other.

???? Old man John laughed, and he didn't let himself down. This young man from China can always surprise people.

???? "The international market, are you going to be Mexico, Canada, the UK, Australia, and New Zealand?"

???? Because Xia Jingxing mentioned before that he planned to enter the international market, the old man remembered it, so he immediately reported the names of five countries.

Xia Jingxing nodded, "After several months of investigation by several colleagues, we have a certain understanding of the high school and university markets in these five countries, and we have established contacts with some school clubs.

???? They have been looking forward to it for a long time, hoping that Facebook will be open to their school.

???? However, out of strategic considerations, we have postponed the opening time again and again.

???? Now announcing this news, just to give the market a shot in the arm.

???? Didn't Dating Network always keep claiming that it is the only "international social networking site"?

???? Not anymore soon! "

???? Old man John nodded, "Yes, show your muscles properly and let those swaying venture capital institutions feel the pressure.

???? Such a potential social networking site, is it a pity to miss it? "

???? Andrew also nodded, Facebook was preparing to enter the international market a few months ago, and this step is a natural progression.

???? "What about opening Facebook to everyone?"

???? Old man John smiled, "I kept reminding you more than half a year ago that you need to open up, and it should be sooner rather than later. Now you finally figured it out?"

???? "If we open it to everyone at that time, we will lose our biggest feature - the campus feature, and become no different from an ordinary social networking site.

???? And it is not easy to convince people outside the school to use their real names on the website. "

???? Xia Jingxing looked at Andrew, "When I invested in LinkedIn, Andrew also accompanied me on a trip, and he should be well aware of their development dilemma."

???? Andrew looked at the questioning eyes handed by old John, and nodded to the latter, "Yes, I can prove that LinkedIn is a social networking site for business people. Ten million.

???? Even so, the development of LinkedIn is very difficult, and it has only 60,000 users after it was launched for half a year. "

???? Old John laughs dumbly?? Do I have to admit my error of judgment?

???? I'm getting old?? Shame?

???? Xia Jingxing still did not let old John go, and continued to explain: "If we were open to everyone at that time, the focus of development was unbalanced? It is possible that the off-campus network could not be compared to the dating network, and the market share on the campus did not increase.

???? There will even be opponents entering the campus market?? and we are fighting.

???? Now it's different, we have 9 million college students ?? occupy more than half of the campus market.

???? It will be a matter of time before the remaining half of the campus market is fully covered.

???? So at this point, I think the time is ripe to open up Facebook to everyone. "

???? Old man John nodded, "Yes, I am very supportive of you. Now let's see?? You

continue reading! There is nothing wrong with insisting. "

???? Xia Jingxing smiled?? This old man John really wanted to save face.

???? But this is what the other party said, he can't really fight with old John to force the other party to admit his mistake.

????never mind!

???? I am a generous person.

???? Xia Jingxing went on to say: "The two steps of opening registration to everyone and entering the international market complement each other.

???? The Five Eyes Alliance are all English-speaking countries, and it is relatively easy to expand. First win their student market?? Then penetrate into the off-campus market.

???? Facebook first adopted this kind of penetration in the United States, and there will be those pits that can be avoided when developing the international market;

????If there are flash points and successes, it can be copied to overseas markets.

???? This will make our international market development work easier and more efficient.

???? Mexico is close to the United States, and it is relatively easy to expand?? The most important thing is that they all speak Spanish.

?? America was first discovered by Columbus?? The Spanish royal family supported his nautical expeditions?? The Spaniards first began to immigrate to the Americas.

???? Although the Americas are now dominated by the Anglo-Saxons, the imprint of the Spaniards coming to this land is indelible.

???? Throughout South America and Central America, except for Brazilians who speak Portuguese, the official language of other countries is Spanish.

???? The world, including Spain, has a total of 21 countries and more than 400 million people speak Spanish.

???? To develop the American market, we can't go around Spanish.

???? Take Mexico first and do a drill for the subsequent promotion to the entire Latin American region. "

???? Old John applauded and laughed, "Daren, I didn't expect you, a science student, to be so familiar with history."

???? Xia Jingxing shrugged, noncommittal.

???? The American continent is very interesting, the Spaniards benefited from this land first, but the British had the last laugh.

Some scholars have made statistics that there are only more than 40 million people in Spain, but there are hundreds of millions of descendants in Latin America. Of course, the blood is not pure, they are all mixed with local indigenous people and black people, including some Spanish blood. .

???? There are only more than 60 million British natives, and the overseas descendants are the Five Eyes Alliance, with a number of hundreds of millions.

???? There are still 20% of Americans of German descent. In the two world wars, they fought very hard against the Germans.

???? When Xia Jingxing saw Zheng He's voyages to the West in the history books, he felt it was a pity, it would be great if he discovered America.

???? But the actual situation is that America is closer to Europe, and it is too far from East Asia, and the conditions at that time were difficult to emigrate by sea on a large scale, which is very regrettable.

???? "What about advertising services?"

???? Andrew asked: "Will it be too early for you to advertise now?

???? Although there is advertising revenue and a business model that can be monetized, there will be problems with the user experience.

???? Especially now when the battle for social networking sites has not yet reached a complete victory, Facebook has tens of millions of users, and Dating.com also has millions of users. The gap between you does not mean that it cannot be filled.

???? If the user is driven to the dating network because the advertisement affects the user experience, it is really worth the loss. "

???? Xia Jingxing nodded, "You are very reasonable, now is not a good time to launch advertising services

continue reading! machine.

???? I just made an attitude to let the venture capital institutions know that Facebook has its own business model, which does not mean that it cannot survive without their venture capital money.

???? This is also equivalent to putting pressure on VCs to accept our offer. "

???? "You have to walk steadily in this step, and don't lose the big because of the small." Old John reminded.

???? "Don't worry, I won't come up and launch a large-scale advertisement, it's just acting."

???? Xia Jingxing felt that the game between himself and the venture capital institutions became more and more interesting.

???? Although the two sides have not formally approached, but they have begun to make their own moves.

????Venture capital institutions put pressure silently, and may even encourage the media to engage in Facebook.

???? And I also see tricks and tricks on my own side, don't bow to the evil forces.

???? At this point, in fact, he is not particularly sure.

???? Just as the backbone of the team, there are some negative emotions that he can't show.

???? Otherwise, the morale of one's own side will drop.

???? The company is up and down, dozens of employees are still waiting for him to bring the good news of the A round of financing, everyone will share the equity and go public...