Chapter 212 Both Were Upgraded (1/2)
Their structure and scale of operations might be large, with several costly aspects which had been denounced by many organizations and media. But Xing Hai Technologies was still viewed in a positive light by countless capital investors due to their strong earning ability and innovation. For example, the ”Work Assistant 1.0” had been downloaded more than 8 million times online, in just one week after it started selling. Paid users of the program exceeded 3 million. Amongst the paid users, each of them purchased 2.8 hashes per second of programming speed on average, which was equivalent to an expenditure of $1,400 per person every month. Multiplied by 3 million, this would bring in 4.2 billion in monthly revenue for Xing Hai Technologies.
In addition, even though the programmers had only been using the Work Assistant for a few days, they gave excellent feedback.
”A machine from the gods!”
”It's too f**king useful!”
”I've only bought 1 hash per second of programming speed and the code generating ability of the program with this level of computing power is indeed very slow, but it's still faster than having to write the codes myself. Now, I can finish in one afternoon what took me an entire day plus overtime of hard work.”
”I've stopped working overtime for the past few days in a row. If my boss tells me to do overtime again, I'll demand extra pay. It's non-negotiable.”
”The code generating is too slow. It's not enough even after I've bought 10 hashes per second of programming speed. I'm self-employed so I'm working as a boss and an employee. Can Xing Hai Technologies spare a thought for entrepreneurs like us? I want to purchase 100 hashes per second, but your charges are too ridiculous!”
There were more than a few who thought that the program was too slow. Most of the mid- to high-level programmers criticized the program for its slow speed. If the limit on the computer power of the program could be unlocked with a more reasonable price, they could do the work of ten programmers.
However, in order to prevent this scenario of ”one programmer doing the work of ten programmers,” whereby the ten programmers would be either be dead or jobless, Xing Hai Technologies had expressed that they would not make any adjustments to the price structure for now. They did not wish to create a destructive situation.
The mid- to high-level programmers could only remain helpless as they had to pay more to buy greater computing performance so that they could use the Work Assistant at a faster pace.
Hence, the ”Work Assistant” software was a godsend to the new programmers. But, for the veterans, it was something that they both loved and hated.
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On the other side of the country, the first list of potential collaborators had been prepared. Xing Hai Technologies had taken quick actions. On the 28th of March, at Tiny Pepper Corporation in Shen Zhen city, The CEO of Xing Hai Technologies, Ling Jundong, had made a personal trip to meet with its Chairman, Wang Xiaoyan. He would give the Chairman a set of ”army provisions.”
Ling Jundong said calmly, ”I've brought two contracts. An interest-free loan of 100 million, or financing of the same amount. Choose one.”
100 million?
Wang Xiao's eyes widened and his heartbeat sped up as he started to pant erratically. Tiny Pepper could not raise 100 million even if they sold off all of their company assets. Restraining his excitement, Wang Xiaoyan said, ”I choose the loan!”
”Ok, sign the contract now. I still have to go to two companies in the afternoon.” After the Chairman had signed the contract, Ling Jundong prepared to rush to the next company without even having his lunch. Wang Xiaoyan sprinted along the road as he tried to keep pace with Ling Jundong's car. He shouted anxiously, ”CEO Ling, let's have a meal first!”
”I'm not eating, please go back!” Ling Jundong waved his hands in dismissal. He was not trying to be rude in his business conduct, but he only had a mere ten days to go to all thirty companies and get the contracts signed. The money spelled out in each contract was at least 100 million or more. Xing Hai Technologies Vice President Liang Ying and two other Managers were jointly in charge of contracts ranging from a value of 50 million to 100 million. Marketing Manager Li Yuan Liang and other Department Managers were jointly in charge of contracts ranging from a value of 10 million to 50 million.
In short, the company's upper management had all been dispatched all over the country with the tasks divided amongst themselves. They threw about countless amounts of cash values across the country and garnered the attention of many hardware manufacturers.
One boss who had experienced such a situation sighed in amazement. ”Frankly speaking, I've never witnessed the phenomena of 'throwing money.' Those who throw money worth thousands or even hundreds of thousands on the streets were merely idiots. To really throw your money away is to discuss a contract worth a few hundred million within a couple of hours without any sort of haggling. And after the contract has been signed, there's no social exchange of any sort. The other party is only thinking about rushing to the next company to give away more money… This is what it really means to throw your money away!”