Chapter 88: Unbeatable Xiaoqiang

"Sequoia Capital just called to ask if we need integration needs, and I just received a financing proposal from Sequoia Capital, which can provide 100 to 200 million soft sister coins for TransGou."
Qian Qianyi reported to Xiao Ming.
"I ... IDG also sent a letter stating that they are very interested in the translation dog, and they are willing to help the translation dog out of the predicament."
Qian Yi's hand is a bit sloppy. "IDG said that the translation dog has reached the A round of financing conditions, they can provide 20 to 30 million meters of knife funds, if we have funding requirements, we can submit a business plan first.
"Goldman Sachs, Carlyle, Morgan Stanley also expressed great interest in us, they did not provide specific funding, but showed that if we have difficulties, we can always talk to them."
这些 For these investment companies, throwing cash is like playing.
的 The translation dog with translation technology is like a piece of dough that has not been fermented, attracting a large number of investors, and they hope to get a share of it.
"It's not good news," Xiao Ming said. "Investment institutions usually ask for 20% to 25% of the shares of startup companies, which means that the valuation of Transgou has reached about 1 billion soft sister coins, which is better than Huawei Conservative valuations have doubled. "
"Sister Qian, what's your opinion?" Xiao Ming asked Qian Yi, a student 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 countless company analyses and cases No matter how much you raise, you will spend it in 12 to 18 months. "
Xiao Ming nodded, "For the translation dog, we have no difference between financing 10 million and financing 100 million, and it is no better than burning money. Therefore, these emails have been eye addicted."
Xiao Ming enacted a misplaced competition law for Transdog. Youdao opened free travel assistant business in the island country and South Korea. Xiao Ming asked Ma Yanjun to open up French and German.
As long as the server can afford it, Xiao Ming will continue to open popular tourist areas in Xia, such as the launch of a small-language tourist translation assistant in Southeast Asian countries.
The strategy of XieYuGou is not to occupy the entire market, but to survive well under the strong oppression of the other party.
When the company's operation came to a critical juncture, employees like Ma Yanjun took a sigh of relief, took the initiative to work overtime, and took the initiative to complete the task without even talking to Xiao Ming about any conditions.
A company that can compete with Netwing just a few months after its establishment must be a company with great potential.
In just one day, the language libraries of elementary French and German were set up. Although it is not possible to complete the translation of papers and materials, it is sufficient for daily users who need to travel.
This effect is really good. In the contest with Youdao, the download installed capacity of the translator again exceeded 1 million.
Xiao Xiaoming immediately promoted the second step of the plan, opening a small language language library in Southeast Asian countries to facilitate Chinese people to travel to Southeast Asia.
Xiao Ming did a good job of looking at the National Day and the Spring Festival market after the summer vacation. At that time, the warm Southeast Asian countries were very popular.
接着 Immediately after the launch of the third step of the survival plan, Translator will change the travel translation assistant from 100 yuan / 7 days, 120 yuan / 10 days to 100 yuan package for one season activity, and one account segment can run on three devices. As for the island and South Korea's tourist markets, Yodo members have a 30% discount.
How many people actually travel abroad twice a year? This change in charging method is nothing more than a gimmick.
But consumers just like this gimmick and think it's cheap.
Alas, a rather strange scene appeared on the Internet.
Youdao spent a lot of effort to wipe out the translation dog, but the translation dog is still alive, and the download volume has slightly increased.
Famous finance and economics v saw this scene on Weibo and was surprised, and commented: "The translation dog uses the classic guerrilla tactics to specifically open up the market where Youdao is not."
But Youdao will not give the translator more opportunities. It has followed up and announced that the five western European countries and Southeast Asian countries will simultaneously open a tourist translation assistant service, which is also free.
Ma Yanjun looked at the announcement of the translator and interpreter was quite speechless, "It cost so much to deal with a small company, as for it?"
"I always believe that Youdao's professional translators are limited, and now it is a hot market in summer vacation, I don't believe that there are tens of thousands of interpreters waiting for consumers to call every day." Xiao Ming said with a smile, "We do That's it, don't spend money to grab the market. "
Sure enough, Xiao Ming expected.
Youdao Travel Assistant Translator is a machine translation plus human translation assistance.
Machine translation is mainly machine translation. When you encounter a problem that cannot be solved by machine translation, you can call the voice service phone again, requiring manual access.
One is a cold machine, the other is a human who can communicate. Of course, the user chooses to enable manual translation.
The next scene is performed in the island countries and various countries in Southeast Asia.
Traveler Xiao Wang is enthusiastic about spending at the bar in the island country. This time, he and his friends only have no translation. When Xiao Chen is going to enable the manual translation of Youdao software.
"Sorry, the human translation is busy, please be patient ~ EbookFREE.me ~ The queue is 112 people, and the expected queue time is one hour and 28 minutes."
Wu Xiaochen: "Labour and capital ..."
拨打 Called the human translator again, and the reply was still: "Sorry ... 132 people in line, expect to wait an hour and forty-two minutes."
"Xiao Chen, your translation software is not reliable!"
Xiao Chen was ashamed in front of a friend.
In desperation, Xiao Chen only enabled the mechanical translation of Youdao.
The waiter was very busy and asked, "Sir, do you want beer, fruit wine, or a simple cocktail?"
Youdao software automatically translates: "Mr. Want a building, wine or cocktail?"
Because the Japanese beer and the building sound more similar, the mentally handicapped machine turned over and took a seat.
Unbearable Xiao Wang used hand typing to enter a translation so that the other party could understand what it meant.
If you use a hand-crank machine to translate, an ordinary web page translation can be done. Why should you use Yodo, and what is your competitiveness?
The blindly expanding Youdao translation has made users and netizens vomit.
"Wait two hours for a human translator, what do I want you to do!"
"The same is true for English translation. I rush to use a paper and wait in line for a week. What's the point of this free?"
After translating into a low tide, the translator dog was not pressed to the floor and rubbed, but lived strong.
Xiao Ming even added a new feature to the translator with humor-picking mistakes for Youdao translation.
If the user uses the translation dog software to find out where Youdao is wrong, find a place that can be redeemed for a day of travel membership, and find ten places that can be redeemed for the opportunity to translate a paper.
At the same time, Xiao Ming dropped the second blockbuster in the Android application market-Ozawa Voice Assistant.