America's Road to Fame

Chapter 258 HOLA Mini Program Platform

It can be said that although Bill Gates always behaved very elegantly in front of the public, in fact, after getting in touch with him during this period of time, Chen William found that this old boy was still quite wild.

It’s like his relationship with Epstein is very unusual. In William Chen’s previous life, after Bill Gates divorced his wife, his wife once complained to the media, saying that he had been persuaded to stay away from Epstein. People like Stan, but Bill Gates never listened.

That small island is an open secret among some of the super rich in the United States, and Gates invited Chen William there to "entertain" for a while, but Chen William declined.

He is very romantic, but he still has a bottom line when it comes to women, and some pious American entrepreneurs are really eye-opening, especially those who are transported to the United States from all over the world through certain channels Those girls, some of the worst, can refer to a movie of "XX Inn".

There is a saying that is as good as the sun, which cannot be looked directly at, but also human nature.

"How is your Tianshu Fund, William, have you found an investment direction?" Bill Gates asked casually.

"Yes, I will mainly invest in the stock market. I have found several good companies, including Microsoft."

"Haha, are you telling me that part of the money I invested in Tianshu Fund was actually invested in Microsoft?"

"Only part of it, Mr. Gates."

However, Chen William did feel a little interesting when he heard what Bill Gates said.

Bill Gates nodded, paused for a moment, and said: "However, although technology companies have good growth, they are not easy to invest in. After all, only a few succeed."

What he said is indeed very reasonable. Regardless of those successful technology companies, they all have dozens of hundreds of times the income, but behind that, dead companies are also dozens or hundreds of times.

Don’t look at venture capital institutions such as Sequoia and Softbank. There are always reports about which company they invested in in the early stage and how many times the return they got, but in fact they have invested in countless companies. A few eye-catching performance, the overall average income is not high.

If it is true that investing in technology companies is so profitable, why do those big funds seldom design this field and crowd into traditional industries?Even a successful technology company has great risks. If it does not pay attention to research and development, it is easy to be eliminated by companies with new technologies, such as Google's elimination of Yahoo.

And can it be successful if it spends most of the money on research and development?There is still a lot of luck involved. Maybe you invested billions of dollars in research and development and did not get the desired results, but other companies just invested hundreds of millions and tens of millions, and they happened to get the right results... From To some extent, investing huge amounts of money in research and development is really like gambling, and there is no reason to speak of it.

And even if you develop the results, will you succeed?Maybe your R&D route will not be accepted by the market, but accept the standards of another route, then the huge investment you have invested will be in vain.

Just like the DVD standard back then, the Blu-ray and HD disputes, in the end Blu-ray won, and the years of research and development of HD camp companies were in vain.The battle between plasma and LED LCD TVs also ended with the defeat of plasma TVs.

In each of these battles, the loser will be severely injured, and even decline from then on.

It is precisely because of the huge risk of investing in technology companies that big funds will not easily touch this field.To be able to see more accurately in the technology industry, you need to be a veteran in this industry, but the leading investors are all Wall Street financiers. How can they determine which company has a future?

Therefore, the founders of technology companies often perform well after becoming investors.The companies that Wall Street has bet heavily on have rarely succeeded.

However, those in the technology industry are often engaged in private investment or small-scale venture capital, and no one is engaged in a private equity fund with a scale of tens of billions like William Chen.

"My investment is also based on safety, and it is a long-term investment, focusing on the value of the company."

"Hehe, this is very similar to my friend Buffett, except that he never invests in the technology industry and prefers traditional industries such as Coca-Cola."

It is also true that Buffett has never invested in technology companies, especially Internet companies.The only Apple company to invest in is said to have been made after repeated persuasion by Bill Gates.

……

HOLA's global users have officially exceeded 5000 million. At present, HOLA has established overseas offices in Europe, South America, and South Korea. HOLA Japan, a joint venture between Japan and Softbank, is responsible for Japan's domestic business. HOLA Huaguo is responsible for the business in Greater China.

In order to support the global expansion of its businesses including HOLA, in addition to the big data center at the Silicon Valley headquarters, Meta Technology is also planning to build three new big data centers in Iceland, Lijiapo, and Huaguo, Yunnan and Guizhou to undertake global data Storage and handling stress.

This time William Chen went to HOLA Technology and talked with David Jones about adding an open applet platform to HOLA, so that HOLA can open APIs, so that third-party software developers can develop applications that run on HOLA program.

This is similar to the small program platform of WeChat in the previous life, which allows developers' programs to obtain the huge number of users of HOLA and promote them quickly. In this way, as long as they develop interesting and easy-to-use applications, they can quickly pass the communication between users. Recommend, reach and promote.

For users, the convenience is that the download of the APP is not required, and various small applications can be directly used in the HOLA APP.

In fact, this kind of open platform has been done by companies for a long time. Facebook has launched its own application platform in May 2007, and later opened the source code.

However, Facebook's platform is mainly aimed at PC-side users, while what HOLA wants to do is a mobile-side application platform.

This step is one of the steps to transform HOLA into an all-round APP. As users can use more functions in HOLA and apply them in life more quickly and conveniently, the user stickiness of HOLA APP will become more and more sticky. The position of the mobile social field is becoming more and more stable.

Just like Venmo, which was recently acquired by Meta Technology, this software for mutual payment between friends can be made into an application on the HOLA applet platform, giving full play to its social attributes and allowing friends to have dinner together , When playing, it is convenient to make AA payment.

In William Chen’s description, David Jones saw the infinite possibilities of HOLA after owning the mini program platform, and couldn’t help but get excited:

"That's a brilliant idea, I can't wait to see him, boss."

The difficulty of developing such a platform is not too high.After all, Facebook has already made a similar open platform and made it open source.Although their open platform is based on the PC-side system, it still has great reference value, which allows the HOLA team to develop the mobile-side small program platform more quickly.

Another point is that William Chen also found a problem when using HOLA, that is, adding friends in HOLA now, in addition to directly adding friends through the address book, can only be done through the other party's mobile phone number or the HOLA code set Find and add, and there is no function of adding QR code business cards.

The use of QR codes will be very important in the future, whether in the social or payment fields, and can greatly increase the convenience of user operations.

However, the QR code will not only be applied in HOLA, but also in various projects of the entire Meta Technology Company.Therefore, he directly requested that research projects on QR code applications and mobile phone code scanning be added to the R&D center of Meta Technology.

The two-dimensional code was originally invented by Teng Hongyuan of DensoWave Company in Japan, and was originally applied in industry.However, William Chen knows that QR codes have the characteristics of large storage capacity, high confidentiality, high traceability, strong damage resistance, large backup, and low cost, and will be widely used in various fields of mobile Internet in the future.

And when the two-dimensional code was first invented, Teng Hongyuan directly opened up the patent, so they can directly study the two-dimensional code, expand its application, and at the same time upgrade the technology of the two-dimensional code to increase its confidentiality and security. After all Then it will involve the payment field, which is an area that needs security very much.

In addition, it is to realize the mobile phone code scanning technology, which is part of the design of the hardware, and it is also necessary to find relevant technical personnel to solve it.

(End of this chapter)