Chapter 480 Platform

On the stage, Su Yehao was expounding on the concept of building a platform for third-party enterprises by leveraging a large user base.

Down below.

Among the crowd, Qiu Yaohe, the son of Su Laodie's friend, was sitting shoulder to shoulder with He Shaofan's cousin, He Shaolin, whispering to each other.

Qiu Yaohe and He Shaolin were now doing business together in Silicon Valley.

The reason they appeared together was that their relationship was ambiguous. They happened to be traveling in Japan recently and had traveled all the way from near Sapporo to Tokyo just to attend today's roadshow.

Compared with Su Yehao, Qiu Yaohe's entrepreneurial journey was like one in the ground and the other in the sky.

In the beginning, he developed a new drug, losing a total of two or three hundred million before leaving in a hurry. Then, he went to be an agent for pagers, thinking he had found a new opportunity in the mainland market. Unfortunately, the existence of counterfeit machines and cheaper goods from outside his agency province made him understand the dangers of the world.

In addition, users who had a little more money went directly to buy mobile phones.

The speed of communication infrastructure construction far exceeded his expectations. In the end, he had a warehouse full of goods. Although he didn't make any money, he didn't lose any either, but he wasted nearly a year in vain.

After reading the iCQ and tvt user data displayed on the projector, Qiu Yaohe sighed with emotion and said in a low voice:

"It was right for us to change our development direction in time. With this level of activity, wouldn't they be suppressing us? The concept of building a service platform... I think it should be right. They ran ads for us for two days at the beginning of the month, bringing in a total of more than 300,000 users. It's the first time I've felt that the advertising fee was worth it."

He Shaolin was a little petty and still remembered the scene when she found Su Yehao but was ignored by him. She sneered:

"As expected of Su Bapi's (Su the Skinflint's) son, each one is black-hearted. If it weren't because we're in the same industry, he would never have given us a hand. Our company would probably have developed a long time ago. Now he's already listed, and we're still struggling in the mud. The gap is getting bigger and bigger."

Qiu Yaohe was also annoyed by this, but now that he had found a new entrepreneurial direction, he gradually saw it more clearly. He smiled and said softly:

"A blessing in disguise. If the instant messaging road hadn't been blocked, we probably wouldn't have developed new businesses. Now that there's no competition between us, as long as we use this Yanwenzi (Emoticon) Group's platform, I think we should be able to succeed this time... It's just a pity that the advertising fee is a bit expensive."

In the past, Qiu Yaohe and He Shaolin developed in the direction of instant messaging.

Later, they gradually discovered that this industry was difficult to make money in. With iCQ and tvt, two giants, suppressing them, they struggled in the mud with a group of small and medium-sized companies. It coincided with the rise of dating software, similar to the "People Nearby" and "Drift Bottle" functions launched by Su Yehao, but more professional.

Therefore, Qiu Yaohe decisively seized the opportunity, shifted the direction of development, and changed the company name to "loveLine," literally meaning "line of love."

Its main direction can be imagined, which is to provide users with dating and friendship services. In just over a month, it has attracted the attention of a large number of new users, and even venture capital companies have tried to contact Qiu Yaohe.

After struggling to start a business many times, Qiu Dashao (Young Master Qiu) finally saw the signs of success.

Sitting in the audience at this moment, he wasn't even that envious of Su Yehao anymore, because Qiu Dashao thought he would definitely succeed this time, and he had just asked his father, Qiu Wanfeng, for another 200 million Hong Kong dollars in sponsorship.

Compared with accepting financing too early, Qiu Yaohe's idea was similar to Su Yehao's, feeling that since he could pay for it himself, there was no need to accept financing too early.

…

Su Yehao buried his head and finished reading the manuscript, feeling dizzy. A speech of fifteen minutes was indeed a bit long.

After briefly answering a few questions, he walked off the stage to the applause of the audience and handed over the task of continuing the introduction to the CEO of Yanwenzi Group.

To be specific.

iCQ and tvt basically did their own thing, each with a relatively mature management system. Therefore, the parent company, Yanwenzi Group, mainly handled trivial matters such as personnel, fund management, and legal affairs.

Unless Su Yehao specifically requested it, he generally wouldn't directly interfere in the specific operations of the two companies. He was now busy building a platform to serve third-party enterprises and providing venture capital and private equity-type businesses, mainly concentrated in the game industry.

When Su Yehao arrived at the specially prepared lounge, Nong Qingying was drinking champagne and tasting snacks, probably taken from the nearby venue.

The two of them talked for a while.

Lin Youfeng, the vice president of koko Ventures, appeared at the door of the lounge with a young man named Ye Ruiting.

Seeing his subordinate executive come, Su Yehao smiled and shook hands with them respectively, then asked, "Vice President Lin, what wind has blown you from Silicon Valley? Could it be that you've encountered some promising projects that made you come to Tokyo for inspection in person?"

Lin Youfeng said with a smile, nodding in reply, "Yes, Su Zong (President Su), you told us to slow down the pace. There haven't been many new projects recently, but there's a Rakuten Market here in Japan that mainly develops e-commerce business, and it feels quite interesting."

As soon as he finished speaking.

Nong Qingying let out a light "hmm" and said to Su Yehao, "This Rakuten Market, I remember you seemed to have mentioned it before, and you asked me to try to invest in it. Could it be... that it has grown up?"

Unaware, Vice President Lin Youfeng heard this and replied, "It's developing quite fast. I also saw the news that Amazon's expansion in Japan was hindered and it was fighting Rakuten Market on equal footing, and then I paid attention to its existence. Now Rakuten Market's valuation is about 200 million US dollars. I talked to their president on the phone before to understand some of the situation."

After listening to Vice President Lin's words, Nong Qingying's eyes twitched, and she turned to look at Su Yehao with an expression that was almost crying.

Seeing this, Su Yehao immediately understood that she was regretting missing out on a large profit.

In order to avoid being nagged by Nong Qingying, Su Yehao decisively said:

"In the current market, the valuations of Internet-type companies are all too high, so don't take it too seriously... Who is this..."

Lin Youfeng took the opportunity to introduce Ye Ruiting to him and said:

"This Mr. Ye makes particularly detailed games. He plans to raise funds to develop a racing game that supports multiplayer online games. I think it has a lot of potential, so I want him to join Valve and be solely responsible for a new business."

Hearing about Valve, Su Yehao instantly felt unfamiliar, and then he remembered that he had acquired this company.

Recently, he had been focusing on Yanwenzi Group, the mainland market, and the Qianxin (Thousand Cores) City project, etc. In addition, the development cycle of Valve's games was too long, and there was very little news sent to him, so it was normal to be ignored.

Ye Ruiting didn't dare to look at Nong Qingying too much. At this moment, he only felt that as expected of Su Yehao, he was indeed living an incomparably unrestrained life as described in the newspapers.

After Lin Youfeng finished introducing him, Ye Ruiting immediately took out a document, handed it to Su Yehao with both hands, and said, "Please take a look at it when you have time, Su Zong. If we can cooperate with a team like Valve, the racing game we develop will definitely be popular."

Being brought here by Vice President Lin meant that he should have some ability.

Su Yehao had a good impression of racing games and instantly recalled the era of playing *QQ Speed*. He replied with a smile, "Okay, I'll finish my work tonight first, and I'll give you an answer after I've read the plan..."