Chapter 10, Changing the World

Mr. Ren, is 35 billion USD a bit excessive! Although I have high hopes for your company, " said the head of Sequoia Capital, frowning.

Ren Hong revealed a faint smile upon seeing this, "The person bringing money has arrived"

This is undoubtedly a mind-boggling big data.

If such a company truly exists in this world, it would indeed be priceless. Forgive me, Ge, but I do not believe that xlous is such a company, even though it currently possesses great potential. There is no such company in this world.

"Why is this impossible?" Ren Hong retorted, leaving the other party momentarily speechless. Instant online translation has transformed the impossible into the possible

350 billion dollars, I can't believe that a website built with a few hundred square meters, a few computers, and a few rented servers is now valued at 350 billion dollars! My worldview is being turned upside down, when did making money become so easy?" Zhang Han said in a daze, and others felt the same way.

Hehe! Ren Hong smiled gently, choosing not to continue the argument on this topic, and said: "Let's talk about the existing products! Currently, the instant online translation has only launched its initial version, which is the text translation version. The upcoming versions will add translation between voice and text. Although the difficulty will increase exponentially, it will merely be an enhancement. However, I believe it is worthwhile and also represents a significant profit point, even though version 2.0 cannot be compared to the initial version"

"Where the hell is the elm-headed person we know, the academic who spends all day in the library?" Zhou Hui said in a daze

Ren Hongwen paused upon hearing this and calmly replied: "xlous! Priceless!"

Attention! Ren Hong suddenly emphasized, "The 35 billion I mentioned does not refer to xlous! It solely pertains to the value of the real-time online translation product, the preliminary displayed value."

Indeed! Ren Hong acknowledged this, but then asked: "May I ask if you have seen the logo of xlous company?"

After a long time, Zhang Han said with admiration: "Boss! From now on, you will be my boss!"

Hehe! The head of Sequoia Capital smiled slightly upon hearing this and said: "Mr. Ren, I admit that every company is priceless in the eyes of its founder, and this is understandable. However, on the other hand, there is nothing in this world that cannot be clearly priced. What do you think?"

Mr. Ge also took his leave! I am very much looking forward to collaborating with your esteemed company! said the head of Sequoia Capital with a smile

What are you doing? Have you turned into wood?" Ren Hong said

"Money is here!" Ren Hong joked, then cleared his throat, his eyes shining with fervent light, and said: "Alright! Let's get to work! When Mark Zuckerberg founded Facebook in his dormitory, and Steve Jobs created Apple in his garage, we are establishing xlous in a classroom at Tsinghua University! Therefore, they are not unattainable or out of reach. One day, we at xlous will also stand at their height, and even surpass them! Because xlous..."

Watching the other person leave, Ren Hong calmed his emotions and then walked into the classroom. It was eerily quiet inside, with not even the sound of keyboards being typed on, which caused Ren Hong to pause slightly. As he looked around, he noticed that several of his roommates were staring at him.

What? Zuckerberg? The crowd was once again astonished

"Change the world!" the crowd called out in unison, filled with excitement. When Ren Hong spoke this phrase with his unique voice, it seemed to possess a certain enchanting quality, stirring the blood of everyone present. Ren Hong exhibited all the qualities expected of a company founder; despite being only 19 years old, he was able to generate a powerful sense of cohesion during discussions with his subordinates, igniting a profound passion in each individual.

This is the charm of technology

The other party's words could not be clearer

Li Taosheng and the head of Sequoia Capital did not understand his meaning, however, Ren Hong has already begun to issue an eviction order, "Ladies and gentlemen, it seems that we have not reached an agreement today, so let us postpone to another day. I believe that as long as your side has sufficient sincerity, cooperation is not impossible."

After half a day of discussions, neither party reached a concrete outcome. At this moment, the attention of all three parties was drawn to the sounds of laughter and conversation coming from downstairs

Ren Hong nodded and smiled, saying: "I apologize for not being able to personally see you off, please take your leave!"

Ren Hong asked with a faint smile: "Then, Your Excellency, how do you think such a company can be given a precise valuation?"

"Forgive my frankness! Mr. Ren, even if I acknowledge that everything you said is true, you do not have sufficient funds for expansion. If you do not accept venture capital, I fear that your products will be unable to achieve effective promotion for years, longing for the golden mountain from afar without success" said Li Taosheng

Alright, brothers, in a few days I will announce an important matter that is significant for both you and me. I just wanted to greet you first, but before that, Facebook founder Mark Zuckerberg has arrived and should be on the second floor now, Ren Hong estimated and said

Haha! Mr. Ren is truly ambitious. Upon hearing this, the head of Sequoia Capital immediately laughed, as he was naturally familiar with the logo of xlous company

May I ask Mr. Ren, what is the valuation of xlous, and would you be able to accept an investment from Sequoia Capital? The head of Sequoia Capital did not refute this, which indirectly acknowledges the immense value of instant online translation

The leaders of the two venture capital firms fell silent; indeed, this is a startup of immense value. However, the investment and return differ significantly from previous experiences. Conversely, it is almost clear that investing in this company carries minimal risk; losses are nearly impossible, and while the potential for high returns exists, the investment in this company is virtually risk-free, thus eliminating the prospect of envious returns.

Ren Hong glanced at both parties and then said: "Ladies and gentlemen, we are now in an era of highly developed information sharing, where globalization is the trend. The internet has connected the world more closely, and everything in the world is interconnected. Instant online translation serves the business of global internet users. Every internet user who has grown up is a potential consumer of instant online translation, as humans inherently need to communicate, and it is impossible for one to learn the languages and scripts of all major countries and regions. I want to emphasize that instant online translation is a business for global internet users. How many internet users are there globally? Instant online translation serves the business of global internet users. Every internet user who has grown up is a potential consumer of instant online translation, as humans inherently need to communicate, and it is impossible for one to learn the languages and scripts of all major countries and regions. I want to emphasize that instant online translation is a business for global internet users. How many internet users are there globally? 3.3 billion! If we exclude half of these 3.3 billion people, and they only need to spend 15 RMB for one month in their lifetime, can you calculate how much that is? Of course, my statement may not be very scientific, but it indirectly reflects the enormous potential of instant online translation."

Indeed! We will have a detailed discussion another day, so I won't disturb you any further. Li Tao smiled as he spoke, having long forgotten Ren Hong's previous indifference. They are both competent businessmen, and competent businessmen will never go against the US dollar.

Change the world

Is this possible? Li Taosheng expressed some disbelief

Upon seeing such a slogan for the first time, he merely scoffed and smiled dismissively

Ren Hongyi smiled immediately upon hearing this, looking at everyone, "Hehe, what you see is just the tip of the iceberg."

What? We can still translate between voice and text?" said the head of Sequoia Capital in shock

"What? This is impossible," Li Taosheng denied on the spot

It is unexpected that Mark Zuckerberg personally came here, clearly indicating that this product has attracted his presence, which also proves the remarkable potential of this product and the company. It is worth noting that the person being attracted is the helm of a company valued at over 400 billion US dollars. At this moment, both Sequoia Capital and IDG have made a determination to carve out a share of the profits.

This is simply a seasoned veteran who has been navigating the marketplace for many years, a versatile individual! Isn't that right!" Chen Kai continued.

The leaders of Sequoia Capital and IDG Technology Venture Investment Fund felt a jolt in their hearts when they saw the young figure below