The Black Technology Era of Xueba

Sequoia Capital just called to ask us if we need integration. I just received a financing proposal from Sequoia Capital. It can provide 100 to 200 million soft sister coins for Yigou.

Qian Yi reports to Xiao Ming.

I... IDG also sent a letter saying that they are very interested in Yigou and they are willing to help Yigou out of the predicament.

Qian Yi's hands were a little trembling, IDG said that Yigou has reached the conditions for Series A financing. They can provide 20 to 30 million meters of funding. If we need funds, we can submit a business plan first.

Goldman Sachs, Carlyle, Morgan Stanley also expressed great interest in us. They did not provide specific funds, but they indicated that if we have difficulties, we can negotiate with them at any time.

For these investment firms, throwing cash is like a game.

Yigou, which has translation technology, is like a piece of dough that has not yet been fermented, attracting a large number of investors who want to take a piece of the pie.

Is it good news? Xiao Ming said: Investment institutions usually ask for 20% to 25% of the shares of startup companies, which means that Yigou's valuation has reached about 1 billion soft sister coins, which is higher than Huawei's. Conservative valuations have doubled.”

Sister Qian, what's your opinion? Xiao Ming asked Qian Yi, who was born in finance.

Qian Yi said: As far as ordinary startups are concerned, they are willing to raise more funds, because this will ensure that they have enough time to support the next financing. But financing is CHUN medicine, according to the analysis and cases of countless companies. , no matter how much you raise, you’re going to spend it in 12 to 18 months.”

Xiao Ming nodded, For Yigou, there is no difference between raising 10 million yuan and raising 100 million yuan. No matter how much money is spent, it can't compare to the leisurely way. So, these emails are enough to pass your eyes.

Xiao Ming formulated a dislocation competition law for Yigou, and Yoda opened a free travel assistant business in the island country and South Korea. Xiao Ming asked Ma Yanjun to speak French and German.

As long as the server can afford it, Xiao Ming will continue to open popular areas for Xia people to travel. For example, Southeast Asian countries have launched travel translation assistants in small languages.

原Gou's strategy is not to dominate the entire market, but to survive under the strong oppression of the other side.

When the operation of the company reached a critical juncture, Ma Yanjun and other employees held their breath and took the initiative to work overtime and complete tasks without even telling Xiao Ming any conditions.

A company that can compete with Net Wing just a few months after its establishment must be a company with considerable potential.

It only took one day to build the primary French and German language libraries. Although the translation of papers and materials cannot be completed, it is enough for daily users who are traveling with tourists.

This kind of effect is really good. In the contest with Youdao, Yigou's download installed capacity once again exceeded 1 million.

Xiao Ming then pushed forward the second step of the plan, opening the language database of small languages ​​in Southeast Asian countries to facilitate Chinese people to travel to Southeast Asia.

Xiao Ming did this to see the National Day and the Spring Festival market after the summer vacation. At that time, warm Southeast Asian countries were very popular.

Immediately afterwards, Yigou launched the third-step survival plan, changing the travel translation assistant from 100 yuan/7 days, 120 yuan/10 days to 100 yuan for a season of activities, and one account segment can run on three devices. In the tourist markets of island countries and South Korea, which are influenced by Udo, Udo members will receive a 30% discount.

In fact, how many people travel abroad twice a year? This change in the charging method is just a gimmick.

But consumers just like this gimmick and feel that it is cheap to take.

In this way, a rather peculiar scene appeared on the Internet.

Youdao spent a lot of energy to destroy Yigou, but Yigou is still alive, and the download volume has increased slightly.

The famous financial big V watched this scene on Weibo and was amazed.

And commented: Yigou adopts classic guerrilla tactics to open up markets where Yodao is not present.

But Yodao will not give Yigou more opportunities. It followed up, announcing that the five Western European countries and Southeast Asian countries will open the travel translation assistant service at the same time, which is also free.

Ma Yanjun was quite speechless when he saw the announcement of the translation officer of Yigou, How about spending such a price against a small company?

I always believe that Udo has limited professional translators. Now is the hot market in the summer vacation. I don't believe that Udo has tens of thousands of translators waiting for consumers to call every day. Xiao Ming said with a smile, We do That's it, you don't have to spend money to grab the market.

Sure enough, Xiao Ming expected it.

Yodao travel assistant translation is machine translation plus human translation assistance.

It is mainly machine translation. When encountering problems that cannot be solved by machine translation, call the voice service and ask for manual access.

One is a cold machine, and the other is a human who can communicate. Of course, the user chooses to enable human translation.

The next scene was staged in the island country and various countries in Southeast Asia.

The traveler Xiao Wang was very excited to spend at the bar in the island country. This time, it was just him and his friends, and there was no translation. When Xiao Chen was about to use the manual translation of the Yodao software.

Sorry, the human translator is busy, please be patient. The number of people in the queue is 112, and the estimated queue time is one hour and twenty-eight minutes.

Xiao Chen: Labor and capital...

I called the human translator again, and the reply was still: Sorry... There are 132 people in the queue, and the wait is expected to be one hour and forty-two minutes.

Xiao Chen, your translation software is unreliable!

In front of friends, Xiao Chen was very humiliated.

In desperation, Xiao Chen could only use You Dao's mechanical translation.

The waiter was very busy and took the initiative to ask, Do you want beer, fruit wine, or a simple cocktail, sir?

Udo software began to automatically translate: Do you want a mansion, wine or cocktails, sir?

Since the pronunciation of Japanese beer and building is similar, the mentally handicapped machine turned and took his seat.

The unbearable Xiao Wang used hand typing and translation to let the other party understand what it meant.

If it is translated by hand, an ordinary web page translation can be done. Why use Yodao, what is the competitiveness of Yodao?

The blind expansion of Youdao translation has caused users and netizens to complain.

Wait two hours for the human translator, what do I want you to do!

The same is true for English translation. I urgently need a paper and wait in line for a week. What's the point of being free like this?!

原The dog is still not pressed to the floor and rubbed after a low tide, but is alive and strong.

Xiao Ming even added a new function to Yigou in a wicked way - picking mistakes for Youdao's translation.

If the user uses the Yigou software to find out the wrong place in Yodao's translation, find a place where they can exchange for a one-day travel membership, and find ten places, they can exchange for the opportunity to translate a paper.

At the same time, Xiao Ming threw the second blockbuster to the Android application market - the Ozawa voice assistant.