Money Likes Me Too - Chapter 74



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Episode 74.

The development didn’t take that long. A week was enough.

More importantly, we tested it. We uploaded a demo to Cocoa Cloud. After the migration was complete, we notified our affiliated creators.

“Video under 1 minute?”

“Isn’t it too short? No matter what, it has to be at least a minute.”

At first, there were a lot of negative reactions.

As soon as you enter, there are criticisms that the app environment is not very good because it immediately displays a random video feed. If you swipe with your finger, you will move to another random video. It was an infinite loop.

The tests continued.

Hundreds of videos were piled up. The response gradually became more favorable. For now, it was fun to flip through the clips.

“What can I say, it’s strangely addictive.”

“I turned it on last night and fell asleep at 3am. It didn’t seem like much, but I couldn’t stop watching it.”

Everyone fell into Ding Dong without realizing it.

‘Anyway, so far it’s not bad.’

Song Yu-hwa thought.

After I created the ‘Cocoa Dingdong’ project team, I couldn’t even leave work properly. It was a service I planned myself. I couldn’t just pass it over. I had to take responsibility until the end.

The launch date has been set.

From now on, it’s real. Once you put it on the store, the reaction you get is irreversible. Consumers are cold-hearted.

Then what about Kang Si-Hyeon?

It was the same with J-Bla, and with the Invincible Boys. It was the same with . He was not shaken by the obvious possibility of failure. However, he is a person who knows how to shed hot tears when he succeeds.

He was that kind of person.

I am not the type of person to say anything just because it fails. That actually stimulated Song Yu-hwa even more. The more it happened, the more I wanted to make it a success. No, I had to make it a success no matter what.

‘That’s why I want to show you more.’

Song Yu-hwa had to prove herself, just like she always had.

“president!”

When I came to my senses, the office was already dark.

“I know you’re out of your mind because of Ding Dong, but you have to get off work.”

“Yeah, okay. Saebom.”

It was Cheon Sae-bom, who was working on the project together. In her hand was Song Yu-hwa’s favorite caramel macchiato.

“Look at those dark circles. Do you know how surprised I was when you came into my office?”

No matter what he says, he takes care of Song Yu-hwa more than anyone else.

It has been like this since the OTT planning.

He took care of everything from start to finish. He was meticulous, did his job well, and had a good personality. He was a trustworthy colleague. I believed he would be able to accomplish great things in the future.

“thank you.”

I took a sip. As the sugar kicked in, my mind became clearer.

“Tomorrow, right?”

“Yeah, tomorrow.”

“Whoa, I’m nervous too.”

Suddenly, I remembered the day I first uploaded CocoaTalk. At that time, I didn’t know anything. I was just a designer with some experience. Just like Cheon Sae-bom in front of me.

But now it’s different.

“Is this your first time?”

I put down my macchiato and asked cautiously.

“What is it?”

“This is how we create and launch a service from start to finish.”

“Yes. The CEO started at CocoaTalk Labs in its early days, but I joined after L&M was created.”

“When the opportunity comes, watch carefully. This will all become your bones and flesh.”

Song Yu-hwa said.

‘Working at Cocoa means never knowing what the future holds.’

That’s why I entrusted her with the practical work of the OTT project. There was going to be something for her to do someday.

But I didn’t say what I was really thinking.

It’s something that we’ll all find out when we run into each other anyway. Just like she did before. It was cruel, but there was nothing I could do about it.

* * *

At that time, Beijing, China.

It was inside a building in Zhongguancun (China’s largest high-tech district). That day, Fight Dance founder Wang Menglin was having a hectic day. This was because he was about to conduct the final test of his newly created app, Taoyin.

The door opened.

“Chief Manager”

The word “Chief Executive Officer” in Chinese means “Chief Executive Officer.”

“I just completed my MVP (Minimum Viable Product). Now I just need to put it on the internal network and test it. How do I do that?”

“What are you asking? Do it quickly.”

“All right.”

Wang Menglin called out to the person in charge who was about to leave and asked.

“Are you constantly checking the global market to see if there are any similar apps?”

“Of course. I checked last week.”

He nodded dryly and answered.

“What? Last week?”

“yes.”

“Check it out right now. Last week? Are you kidding me?”

Wang Menglin listened in.

How long has it been since last week? It’s a world where you can make an app in a week. I sighed.

‘Why is everyone acting like they have a screw or two loose?’

It was an important issue to him.

He bet everything on ‘Taoin’. He was confident that it would be a game changer, a killer app that would change the market landscape. It had to be the first mover.

It was because of the case of Yukuna Tudou.

Even though it started its service earlier than YouTube, Youku was slow as a latecomer. It was only after YouTube’s model became established as a global standard that it changed its interface in a similar way. Tudou, which came out later, surprisingly followed the same path.

The results were disastrous.

The only reason these two are competing for the top two spots in the Chinese video service market is because of the Chinese government’s power. It’s because they banned YouTube. It’s not because they have the right to do so.

He had no intention of walking the same path.

We closely analyzed the market situation.

Although they can earn money from outside, foreign companies cannot enter the Chinese market. This was the nature of the Chinese market. His conclusion was that once they dominate the domestic market, the global market is a given.

The quality of the app wasn’t that important. Relationships with high-level people were more important.

The door opened.

“Again? Did you find out?”

“What do you mean?”

The person who responded to Wang Menglin’s irritated voice with an even more irritated voice was not the person in charge. It was someone else.

“Ah! Your Majesty!” (Executive)

It was Liu Xiaojun of Maidu who invested 100 million yuan (about 18 billion won) in Fight Dance. After the match against Alphaduk, where Ke Hai lost all five matches, he had been in seclusion, but he used Fight Dance as an opportunity to turn things around.

“What brings you here?”

“Am I the kind of person who comes here for a reason? Am I not the kind of person who has the authority to oversee how the investment money is being spent?”

“Of course. Haha. You came every single day thinking of us, so I guess that was just a token of our gratitude?”

Wang Menglin quickly tried to please him.

“Are you developing an app?”

Liu Xiaojun’s mood immediately improved at those words.

It was something he had already talked about several times. Wang Menglin’s face turned pale as he internally scolded him for not being able to remember even one thing. No expression was shown on his face.

He took out the tablet containing the data and politely placed it in front of Yang Xiaojun.

“It’s just like I told you last time.”

Short-clip media service? Liu Xiaojun muttered as he picked up the tablet. A demonstration video played on the screen.

“Knock knock?”

“yes.”

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“The name isn’t bad.”

Despite the insincere evaluation, Wang Menglin continued his explanation.

“It’s a platform service where you can upload short, stimulating videos. You can quickly flip through them while commuting or enjoying a moment of free time in the bathroom. It’s different from YouTube and the like. I think it’ll get a good response.”

“I don’t know what’s better just by listening to it.”

“Ah. That’s a good point.”

Wang Menglin quickly picked up the phone and shouted, “Bring me just one test phone.” His voice trembled slightly.

In less than a minute the door opened.

“Chief Executive Officer.”

It was the person in charge who had left earlier. However, he wasn’t holding his phone in his hand.

“What are you?” Liu Xiaojun muttered.

But the person in charge still looked for Wang Menglin.

“Chief Executive Officer.”

“Can’t you see that the old man is here? Can’t you speak clearly?”

“Something bad has happened. There has been an accident. Sir.”

The person in charge couldn’t see anything. What happened right now was important.

“In Korea, a short clip platform app was launched before our TokTok. I just checked both the App Store and the Play Store, and it seems to have been launched yesterday. In less than 24 hours, the total number of downloads has exceeded 100,000.”

what?

Wang Menglin’s eyes grew as big as lanterns as he shouted.

The first mover’s dream was shattered. He ran out of the office. In the end, only the person in charge and Liu Xiaojun were left in the empty office.

“What are you talking about? An accident?”

Liu Xiaojun had not yet figured it out.

“That, that.”

“What came out? An app?”

“Cocoa, it’s exactly what we were trying to make······.”

I couldn’t bring myself to say that I copied it. I couldn’t have copied it because I hadn’t shown it to anyone.

“Is that cocoa the place that makes Cocoa Talk?”

“Yes, that’s right.”

Whatever else, Liu Xiaojun couldn’t forget that name. He gritted his teeth. It was an automatic reflex.

* * *

Something unexpected happened.

[The world’s first short clip platform, Cocoa Dingdong! ······ ‘Dingdong~ A video has been delivered for you.’]

[ ‘Ding Dong’, a sensational hit among influencers. ······ ‘These days, if you don’t know about the Ding Dong Challenge, you can’t talk.’ ]

It’s only been two months since its release.

“Congratulations, Representative Han.”

“As expected from the ‘Jangsu’ Strategy Planning Office’s old master, he hit a grand slam right from the start.”

For the first time, Han Jang-soo was hosting Monthly Day as the representative of Cocoa Labs. He had an awkward expression.

He said while looking at Song Yu-hwa.

“It’s not my performance, it’s President Song’s performance.”

“No. Since I was in charge from HQ, it was ultimately the CEO’s performance. I was only in charge of planning and production.”

“So you’re saying that you’ve done it all in the end?”

“Did that sound like it? But, in the end, if CocoaTalk didn’t have a solid foundation, it wouldn’t have grown this much in such a short period of time.”

It wasn’t a mess whether I gave or received.

‘shit.’

My heart ached as I looked at that sight.

I didn’t know that Dingdong would betray me. The service that I thought would fail and gave it a name that turned out to be a huge success. That alone is heartbreaking, but the two of them keep on hurting each other by saying they’ll share the credit.

sick.

But it didn’t end there.

“Isn’t all this ultimately thanks to Chairman Kang’s foresight?”

Song Yu-hwa suddenly tossed the ball towards me.

“you’re right.”

“If it weren’t for the Chairman’s wise decision, nothing would have happened. That’s a very accurate point!”

Other people also came forward. I felt like crawling into a mouse hole.

‘I wish it would end soon.’

This is all because I stepped down from the representative position. Since becoming chairman, I have had fewer opportunities to speak than I thought.

I returned to the chairman’s office.

“Are you here?”

It was Lim Kyung-jun, waiting for me at the desk in front of the spacious chairman’s office. He was with his laptop. His eyes were red, as if he was working. There was a trace of worry on his face.

“Nothing happened, right?”

He was supposed to be my support until we could get more manpower.

“There was.”

“What’s going on?”

“There was a call from the United States asking for the chairman.”

Phone? America?

“This is a call from Netflix’s US headquarters. They are planning to visit Korea next month to hold a press conference and media day, and they would like to meet with you while they are here.”

Is this perhaps due to Netflix Korea’s poor performance?

“Is Andy Hastings coming in person?”

It was the name of the Netflix founder. Lim Kyung-jun nodded.

I feel a little better. I was worried because my performance was so good, but this is a good thing. I learned a lot.

“I also got a call from Google.”

“Why there again?”

“It’s because of YouTube. Since our business overlaps with Dingdong’s, Google has also been talking about it. They’re sending Alan Davis to Korea.”

“It would be nice if the three of us could meet together.”

“I brought up the issue myself. Google said they would consider it positively.”

Somehow, it turned into a three-way meeting.

“Well said.”

Lim Kyung-jun still seemed to have something to say.

“But I······.”

“If you have anything to say, say it quickly.”

“I’m talking about Bitcoin. The Chinese reaction is unusual. Mydu has launched an app called Goldmine Service.”

I guess it was because of the serious expression on his face as he looked at his laptop earlier.

His explanation continued.

China has long been the country where Bitcoin mining has been most active.

While the sword of regulation was being wielded from above, it was said that more than half of the world’s hash rate was being exported through illegal mining of bitcoins below. It was a contradiction. As a result, the volatility of the global bitcoin market increased.

The same goes for Goldmine services.

It is a type of CDN service that allows miners to sell their excess computer resources to the company. In other words, it means that Mydu has fully entered the Bitcoin mining business.

The board has become bigger.

“I think it would be better to get rid of Bitcoin. It’s dangerous.”

I shook my head.

It was good news that Mydu was coming in. Now is the time when he absolutely must not leave.

The more they muddy the waters of Bitcoin, the better, because it increases the chances of losing money on Bitcoin.

“Vice President Lim.”

“yes.”

“Rather, let’s increase our investment. Are you afraid of risk? That’s not right.”

He lowered his head without answering my firm words.

‘I knew you’d say that.’ It was as if he had this look in his eyes. I’m glad he understood right away. The explanation didn’t have to be long.

“Then I will go back to the office and connect you on the phone.”

Lim Kyung-jun left the chairman’s office. His voice was unusually dead.

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