Wang Xin’s new identity is the founder of Yunge Company. Along with him comes a product with a very earthy name, toilet. This is an anonymous social app, or rather an app that asks for information between anonymous acquaintances.
Anonymous social networking is not a new concept. Five years ago, Secret in the United States and Secret in China had already burned a fire, and both of them had already become extinct. Secret closed in April 2015. Secret also stopped in the process of renaming and offline.
Wang Xin tried to avoid the mistakes of his predecessors by using “reverse operation”. Although the success or failure seems to be unknown, Wang Xin is extremely insipid, because this is only one of the many projects of Yunge demonstration, “
If the demonstration is not successful, because there are demonstration results.” More importantly, he has something to leave behind in the first year of the new generation of social products.
Yesterday, the entrepreneur-i Dark Horse talked with Wang Xin for more than two hours about his product methodology and life thinking. The following is Wang Xin’s oral description of the entrepreneur-i Black Horse.
First, technological trends. Yunge has two technical reserves: artificial intelligence and block chain. The former is the basic techno
logy, we are still accumulating, the latter we are good. These two technologies will be used in any product in the future. Toilet is our first product officially launched.
Second, product direction. I think we should choose social orientation and video orientation,
especially short video orientation. Firstly, infrastructure such as 5G will bring new changes and ways of playing. Second, the
time has come, things have a certain rule of development. Today, Wechat has a daily life of 1 billion, user growth should have reached its peak.
There is a saying, “The world has suffered for a long time. People who make products know that when a product reaches the top,
that is, when it is basically qualitative, it will not change, or it will be difficult to change. Even if you try to add new features, you don’t feel like it because you’re “fixed”.
And people need something new. New users need new experiences and new circles. For example, many young people don’t want to be in a social application with their parents.
They need their own social circle. At this time, users are willing to find or try new products, which is a window of time.
What’s new is important. It must be more than just chat software. Because Wechat is already equivalent to chat and communication, if your product is still equivalent to chat, it will surely die.
2019 must be the first year of a new generation of social products. There will be many social products coming out this year. Stranger so
cialization, anonymous socialization, acquaintance socialization will have new ways to play, they will cut different markets,
such as some products may cut overseas markets, some products cut young people’s markets, such as after 00, even after 10.
For social networking or short videos, choose an entry point. There are many innovations in str
angers’social interaction, and relatively more companies are involved. And I prefer to challenge the harder
things – anonymous social interaction, people have needs, but no one has succeeded in history, I want to try.
Jiang Chao, who was in Las Vegas a few days ago, responded exclusively to First Finance and Economics on the morning of January 14 for the Cool Group’s overseas “strategy” and has now left the Cool Group.
“The whole youth, has achieved 30 billion annual sales, there is no regret.” Jiang Chao told reporters.
On the evening of January 13, Cool Group (02369.HK) announced that the company had held a board meeting on January 11, 2019. The directors
attending the board meeting deliberated and adopted (including) the following resolutions: to remove Jiang Chao from all positions of the
company and its affiliates, including but not limited to the company’s role as executive director
, vice-chairman, chief executive officer and all board of directors. Terminate all relevant service contracts and employment contracts and appoint Ma Fei as CFO of the company.
This means that Jiang Chao will withdraw from all the management affairs of the Cool Party. Cool party announcement
shows that Liang Zhaoji and Liang Rui were re-elected as executive directors. Currently, Cool Partners’shares will continue to be sus
pended, with a total market value of HK$3.624 billion and a share price of HK$0.72 before the suspension.
Jiang Chao, formerly Vice Chairman of Cool Group, was appointed CEO by Cool Group in February
2018. After that, Jiang Chao made drastic reforms to Cool Group. First of all, he shut down his business in China one after another, retaining
only the core R&D team, and will carry out some R&D business in India and Taipei, China. He also restructured the U.S. team, which i
s now managed by Alcatel and Samsung USA and accounts for 90% of Cool’s sales.
Two days before the announcement of the recall, Jiang Chaochai appeared in the United States as “Cool CEO” and said that Cool Chiefs could
hardly survive at home and would focus on overseas markets. He also revealed that Cool not only r
ealized the team’s localization in the United States, but also prepared to let American funds come in and become a truly Americanized company.
In his recent New Year’s address, Jiang Chao mentioned that in 2018, the overall business of the Coo
l Party reached its expected goals, and formed a team led by well-known local executives in the United States to explore the North America
n and Canadian markets. In terms of products, besides mobile phones, there are a variety of products such as MBB, tracker, IOT product chain based on household needs, as well as Xcentz, a local brand in the United States.