However, the reason why Hoffman can be called the "King of Silicon Valley Networks" and become one of the most famous angel investors is not just because he can deeply understand the value contained in each idea.

What's more, Hoffman knows how to see the risks inherent in good ideas.

There is no shortage of geniuses in Silicon Valley, but many people lack a clear understanding of their future careers.

No matter how good some ideas are, if the risk control is not done well, its advantages will immediately turn into disadvantages, and then it will go bankrupt at an accelerated pace.

After reading it carefully twice, Hoffman closed his eyes and slowly began to think.

Xiao Qi smiled slightly, continued to drink his coffee, and quietly waited for Hoffman's judgment.

After waiting for about half an hour, Hoffman opened his eyes again and began to ask questions: "Qi Shao, this company of air accommodation can definitely detonate the entire short-term rental travel market. But the biggest problem is that you

How to control the security and privacy issues of personal rental of vacant houses?”

"We can introduce a risk assessment mechanism just like hotels. First, we will conduct a preliminary screening of each customer and private landlord through the application rating mechanism popular in Europe and the United States. Then we will conduct a preliminary screening of both users and private landlords through their evaluations.

Rating. If the credit rating is high, we can recommend it more. If the credit rating is low, we will issue a risk warning.

Because the willingness to close the transaction is their own business, so as long as we do a good job in this part of the evaluation and reminder work, then our responsibility will be fulfilled. Of course, it does not mean that if something happens, we will not go back and take care of it. On the contrary

Yes, we will set up many specialized groups to deal with these disputes, security and privacy issues, and do our best to satisfy both parties."

"The assessment method and risk warning are good." Hoffman smiled, "It's pretty much what I thought. But when doing it, we still have to be more careful. After all, it's our first time to do this industry.

No one has done it before, so only with a good start can we develop best."

After a pause, he continued: "Then can I ask, why are you unwilling to start this business in China, your hometown, but instead develop it in Europe and the United States?"

Xiao Qi said harmoniously: "The cultures of the East and the West are different, and Eastern Confucianism has serious thoughts, so most people cannot accept this kind of thing. Besides, I don't feel reassured when it comes to security issues. After all, over the years, China has

It's too impetuous. The trust and goodwill between people have reached a low point."

"Um!"

Hoffman nodded, "Then the first problem is solved, I think there is a lot of potential for in-flight accommodation. Let's talk about the second one, Foursquare, to be honest. In addition to sharing geographical location and information, various ratings of that trip, etc.

Means. Why do I feel that it is similar to Chosegirl founded by your girlfriend?"

"Chosegirl is more extensive, while Foursquare is more precise. Its concept of real-time sharing is very attractive to young people, because they want to see the information of friends and family, so they will spend more time on Foursquare.

This will increase their user stickiness to Foursquare." Xiao Qidao, "You have also read the user forecast report. I have no intention of making it as big as Facebook and MySpace. It should be a medium-sized one, but

A social networking site with sustainable development potential." Xiao Qi replied.

"If you want to make it bigger and stronger, I may not be able to do anything about it. But if you have such a clear initial plan, you are very smart. I like to partner with people who are self-aware." Hoffman left no trace.

He clearly pointed out his status, and then said: "Although it is not easy to become bigger and stronger, I still think it is no problem to be among the top 15 in the United States."

With such poor profitability and stickiness levels, Foursquare has reached the top ten in the United States. With Xiao Qi's improved version and Hoffman's planning, it is strange that it cannot reach the top 15!

Hoffman took a sip of the cold coffee and continued: "Then there is the third game company left. I am very optimistic about it and think it is the most profitable among the three companies. What do you think, Qi Shao?

"

Xiao Qi raised his eyebrows and said, "Reed, if you have anything to say, just say it. Do you think this game company is the least suitable for long-term holding?"

Hoffman laughed, "What do you think Mr. Qi did?"

“When it gets bigger, sell it directly!”

"Well!?"

Hoffman's eyes widened, and he didn't expect Xiao Qi to be so straightforward.

After a long time, he stammered: "Are you willing to give it up? According to your plan, it will have hundreds of millions of users!"

"Every game has its own lifespan, and this is especially true for online casual games." Xiao Qi said lightly: "No matter how good the ideas I put forward are, they will only be popular for two or three years at most.

It will gradually weaken. Even if it continues to exist, it will not always be so prosperous. It is better to maximize profits and sell it when it is at its peak."

"I thought you Chinese people wouldn't want to hand it over as long as you hold it in your hands." Hoffman shrugged.

"It still depends on whether it is worth owning. If this company acquires Electronic Arts, then I can consider holding it for a long time." Xiao Qi said with a smile.

"Electronic Arts?" Hoffman shook his head, "Forget it then! There is absolutely no way those old stubborns will agree to sell it. They are not short of money."

Hoffman was not sure about acquiring such a giant gaming company, but while joking and laughing, he already got the answer he wanted.

There is no doubt that Airbnb is what Xiao Qi has been prepared to hold, and he holds it firmly; Foursquare can be held and the shares can be diversified; and the last game company, Xiao Qi is purely to make money.

Three ideas, three companies, and three different destinies made Hoffman deeply understand Xiao Qi's thoughts. He was also shocked by Xiao Qi's terrifyingly calm mind. No wonder he could create miracles.

Come on, looking at business with such a calm and clear attitude, as if looking down from the sky, is completely ahead of this era!

Thinking that he could cooperate with such a talented person, the excitement in Hoffman's heart surged for a long time, just like when he founded PayPal.
Chapter completed!