Real Man-Chapter 754

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Chapter 754

Instead of answering, Yoo-hyun asked a question.

This question contained what he had been pondering over during this trip.

“Da-hye, do you know how Airbnb became successful?”

“You told me before. They introduced the concept of shared accommodation properly.”

“No, before that. Why weren’t you afraid of sleeping in a stranger’s house?”

“Um… because of the reviews?”

“Why?”

“Because the reviews had the experiences of many people. If others can sleep well, I can too.”

Yoo-hyun found what he had been thinking in Da-hye’s words.

“That’s right. Trustworthy reviews helped overcome the fear.”

“Um… now that I think about it, you’re right. But there were also many cases where it wasn’t.”

“Like when we had a bad meal?”

“Yes. I’m still upset when I think about what happened then. Our schedule got messed up from the first day.”

“What if everyone could write trustworthy reviews?”

“Do you think that’s possible? Everyone has their own interests.”

Now was not the time to think about realistic problems, but to imagine.

Yoo-hyun corrected the wrong direction.

“Just suppose it’s possible.”

“Of course it would be nice. If I could, I would want all the reviews to be gathered.”

“Wasn’t it a hassle?”

“Yes. I visited dozens of sites to look at reviews and make reservations during this trip. And they were all inconvenient.”

Da-hye must have felt the importance of reviews more than anyone else during this trip.

Yoo-hyun took out the answer he had found in her worries.

“In summary, it would be nice if trustworthy reviews could be gathered in one place.”

“Of course it would be nice, but it won’t be easy. There are hundreds of problems that come to mind right away.”

“But you really need it, don’t you? So do I.”

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“That’s true. But why?”

Yoo-hyun told Da-hye what he had decided.

“Let’s start with that.”

“Reviews?”

“Yes. If we can gather valuable reviews, wouldn’t we be able to become a global platform company like you said?”

“Do you mean making reviews into content?”

Airbnb had accommodation, YouTube had videos as content.

They called it a platform company that gathered content that matched their colors.

Da-hye understood it at once and Yoo-hyun smiled at her.

“Reviews are also content. That’s good.”

“Wait. To do that…”

“That’s it. Let’s talk about the details when we go back to Korea.”

“Just a little more. I have an idea.”

“Think later. The sun is setting now.”

The rippling sea was dyed with a deep red.

The last day in Europe was coming to an end.

Yoo-hyun returned to Korea and smiled.

“It’ll take three years at most.”

He planned to work hard for that period.

And after that?

He planned to enjoy life and enjoy it again.

First of all, he rented a personal studio near his house.

There was a space with a large window overlooking the lake and office supplies were ready.

Computer, printer, beam projector, whiteboard, etc.

After setting up the environment to work, he planned the direction of the business.

Swoosh. Swoosh.

-Integrated review platform.

Da-hye, who wrote the words on the top of the whiteboard, said to Yoo-hyun.

“Let’s start with the big picture.”

“Sounds good.”

“Then I’ll start.”

Yoo-hyun joined Da-hye, who had sparkling eyes, in the work of organizing ideas.

The whiteboard had a list of things to do from a big perspective, and the notebook had a list of detailed tasks.

One day. Two days.

As time passed, the content became more and more specific.

They were tired from spreading their wings of imagination all day, but Da-hye still had energy.

She emphasized to Yoo-hyun, who was sitting with a board marker in her hand.

“The most important thing is how to make the reviewers write on our platform.”

“We have to give them some benefits to write.”

“Right. The most intuitive thing is monetary benefits. But giving 100 won or 200 won like the existing sites is not useful.”

“That means it will only be one-time, right?”

“Yes. I think we have to give the reviewers continuous income. Like YouTubers who get more income as their views increase.”

The core was in Da-hye’s words.

They pay money according to the value of the reviews.

Then, the reviewers will write quality reviews to increase their views or recommendations, and as quality reviews accumulate, visitors will increase.

The increase of visitors leads to the increase of views of the reviews, and the reviewers can get more income.

The income creation of the reviewers has the effect of attracting other reviewers.

When this virtuous cycle is established, the platform’s ecosystem is established.

Tadadadak.

Yoo-hyun, who organized the content on the laptop, answered.

“Setting up the revenue model is the key.”

“That’s right. Eventually, we have to put ads, but that will cause the site quality degradation problem.”

“We have to increase the views to raise the ad price, but that’s also a dilemma.”

“So my idea is first…”

“I agree. But we have to consider…”

The target period was three years.

They promised not to look back and threw themselves into it.

Six months passed from then.

October 2013.

The Unique2, which was released to the world, competed with the Mercury4 and the Applephone5S.

It was a three-way battle between Hansung, Ilsung, and Apple, and there was no room for Chinese companies to join.

But that was only for a moment.

A news that showed signs of cracks in the well-matched balance came out.

Yoo-hyun heard the news directly from the person involved.

Yoo-hyun heard Hyun Jin-geon’s voice over the phone.

-What congratulations? We still have a long way to go to succeed.

“Isn’t the design done?”

-Production is the problem, not design. It’s so complicated and it’s a fine process, so there are many issues. The contract we signed is just a test, not a formal mass production.

“You sound weak, unlike yourself. It must be hard.”

-Yeah. Producing a simple modem and producing an integrated chip are different dimensions.

He must have had a reason to cling to the lion’s tail, knowing it was hard.

Yoo-hyun pointed it out.

“But if you do well, you might catch up with Qualcomm, right?”

-If they screw up one more time. But I don’t think it will be easy.

“Well, they got their pride hurt by your modem last time, so they must be really angry this time.”

Qualcomm lost to Unique, which used JK Communications’ modem, and regained their pride.

The rumor was that they invested all their core personnel for the next-generation AP and modem development.

Wasn’t it too much to hope for their mistakes?

Hyun Jin-geon asked Yoo-hyun, who was lost in thought for a moment.

-Well, that’s something we’ll know when the time comes, how are you?

“Me?”

-The new thing you started. I’m curious too, but Paul is very interested.

“What’s there to be interested in? I’m just digging a shovel now.”

Yoo-hyun’s sullen response made Hyun Jin-geon laugh.

-Haha, you know Paul’s style. He can’t stand his curiosity.

“I know too well.”

-How amazing is the item you got that you decided to walk the path of an entrepreneur again? If you can’t convince me, I can’t cheer for you.

Hyun Jin-geon’s words had a point.

When Yoo-hyun told him what he had in mind, Paul Graham had put up a bluff.

But his attitude changed 180 degrees after hearing Yoo-hyun’s story.

He nagged Yoo-hyun to show him the real thing as soon as possible, and that led to now.

-It might be more than you think. Paul said he would fly to Korea yesterday. He must be thinking of investing right away.

“No. Stop him.”

Yoo-hyun’s startled voice surprised Hyun Jin-geon.

-Why? Wouldn’t it be easier with Paul’s support?

“It’s a minus right now. This is not something that can be done by putting money in.”

That was true.

What Yoo-hyun wanted to do was different from what he did at JK Communications in terms of nature and tendency.

It was hard to guarantee results by spending money on expensive equipment or scouting key personnel.

Rather, if he received too much investment too early, he might miss the steps he had to take slowly.

Hyun Jin-geon seemed to understand and gave an insightful answer.

-Um, now that I think about it, you’re right. If money could do everything, Google’s SNS wouldn’t have been completely pushed out by Instagram.

“Right. Hilton Hotel wouldn’t have been caught up by Airbnb either.”

-That means the initial members are important, right?

In a completely new field, it might be better to have a gem that can spread its wings of imagination without prejudice than a well-polished expert.

Many cases that came out of Silicon Valley proved this.

There was no reason to turn away from the path he knew.

“It’s important. That’s why I’m going to gather those people from now on.”

-What kind of people?

“People who can move the world with a little polishing.”

Yoo-hyun’s will was conveyed.

He ended the call and stepped forward to lean on the railing.

Below was Gwanghwamun Square, and to the right were the views of Gyeongbokgung Palace and Bukhansan Mountain.

The view was pretty good for a 20-story building.

Swoosh.

He turned his head and saw the outdoor garden decorated on the roof of the building.

There were benches and flower beds around the pavilion where he could sit and rest.

It was an office building now, but there were many spaces that were well decorated here and there because it was originally built for hotel purposes.

The exterior of the building was also very splendid.

The only regret was the structure that occupied about a third of the roof area.

It was a waste of space to use it for the purpose of attaching the ‘Future Tower’ logo to the wall.

Wouldn’t it be better to put a giant billboard?

It was a bit high, but it looked pretty good from the opposite side of Gwanghwamun Street.

Yoo-hyun was thinking about this and that when his phone rang.

Jiing.

-Mr. Han Yoo-hyun, the final bidding competition rate for the Future Tower auction is higher than expected, and you may have to pay 10 percent more than the estimated price. Is that okay?

It was a message from the agent who was in charge of the building auction.

10 percent?

To be honest, he didn’t mind paying twice or three times more.

That’s how good the price of this building was.

The real estate market was still frozen due to the aftermath of the financial crisis, and the company that was going to take over this building backed out.

They postponed the contracts of the companies that moved in to sell the whole building.

There were many companies that said they would leave, so the previous building owner couldn’t afford it.

The building eventually went to auction and caught Yoo-hyun’s eye, who was looking for a place.

There was no place more suitable than this.

The location and exterior were good, but the biggest advantage was that he could trade right away.

Yoo-hyun sent a reply right away.

He added that he delegated all authority over the bid amount to the agent.

He was an expert in building acquisition, so he would do well.

He had to, if he wanted to get the success fee.