Chapter 102
Chapter 99: Paypal Gang
Chapter 99 paypa1 gangster
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Palo Alto, one of the core cities of Silicon Valley, has moved from the garage into a formal office since paypa1 accepted a $2.2 million investment from Phoenix Capital. The number of personnel has grown from less than ten people to more than 30 people.
Now, this newly emerging Internet payment-based company has been acquired by Guo Shouyun’s Phoenix Investment Management Co., Ltd. at a price of more than 10 million yuan. 75% of the shares, in addition to the management retaining 10%, the rest All in the hands of Michael Moretz’s Phoenix Capital.
After driving to paypa1’s office, Qin Zhicheng was already waiting here.
“boss!”
After nodding at him, Guo Shouyun walked into paypa1’s office with some anticipation under his leadership.
Because of getting the news in advance, the office was not as cluttered as Guo Shouyun imagined.
Along with a round of applause, Guo Shouyun walked through the crowd and came to the center of the office in the eyes of everyone. Since there is no meeting room, the office area acts as a temporary meeting room. A table and a background board behind it became Guo Shouyunyan’s podium.
After waving his hand and suppressing the applause of the crowd, Guo Shouyun’s eyes swept across the curious and inquiring faces. After organizing the language, he said with a smile: “It’s nice to meet everyone, I believe that before. You guys know me too. So to save time, I won’t introduce myself! Also, I’d like to apologize to my assistant, Miss ‘Wendy’, because the 37-page speech is too much. Much, it took me way too long to read it from the script, which is very bad!”
“You are the boss, you have the final say!”
Looking at Guo Shouyun’s eyes, Wendy shrugged her shoulders slightly, and said in a somewhat helpless tone.
The conversation between the two led to a commotion among paypa1 employees, and even a few whistles. This is not difficult to understand, paypa1’s corporate culture is to break the rules. They love to see all kinds of unusual tunes. Guo Shouyun’s performance suits their appetite very well.
“I am very grateful for the interest in paypa1’s business, hence the acquisition. Of course, my strategy team has been against my acquisition of paypa1 throughout the process. I asked them why and they told me that six of paypa1’s Among the founders, four have made bombs and are out-and-out violent. I said it doesn’t matter. When I was in Huck’s middle school, I used my adoptive father’s hunting rifle to point at the disgusting man. The head of a physical education teacher with racist views, I told him ‘if he dares to call me a yellow monkey again’ I will blow his head, and this soft **** is a coward. Although I paid the price later, I did not No regrets. Of course, I don’t say that because I advocate violence. I admire this guy with a madness in his bones, because I believe in a success theory of ‘you can’t follow the rules to be successful.’”
“However, the above reasons were not enough to convince my strategy team, they are a bunch of shrewd and stubborn guys. So they quickly said to me: Boss, paypa1 is still for you. Because their founder Peter Thiel Think every athlete who plays basketball is an idiot and you’re the main guard for the Stanford Cardinals home team. Besides, they don’t take in any union employees, and mBas, fraternities, consultants, etc. Plus, paypa1 doesn’t fit the corporate culture of LinkedIn and Google.”
When Guo Shouyun finished speaking, a young man in a plaid shirt sitting in front of him was stunned, and couldn’t help but twitched the corner of his mouth. Although he was mentioned by the new boss, he didn’t say anything more.
“…what they say makes sense. But I thought about it and said to my advisory team that I bought paypa1 mainly from Phoenix Investments, not Google and LinkedIn. So I never thought about integrating it in Linkedin or Google, paypa1 should be independently exhibited and then listed. As for my basketball, it turns out that I am not a muscle idiot. Now I have a master’s degree in computer science from Stanford, a bachelor’s degree in economics and history, and am proficient in English, Chinese and Spanish, a genius with an IQ of over 14o. Therefore, I should be suitable for the team of paypa1.”
“After my strategy team heard my words, they knew that I was determined to acquire paypa1. In the end, they told me that paypa1 people reject headhunters, they never recruit employees, they don’t want professional managers, and they don’t want to jump from big companies. People, they don’t need PhDs, they just hire their friends or those ‘Bill Gates’ college dropouts.”
“I said it was okay because I also just ‘dropped out’ from Stanford in April of this year. Also, no matter what kind of recruiting, as long as he is a talent and has a respectable morality, then even if he is a criminal, I I would like to give him a chance.”
“So, you see, I fit so well with paypa1. I bought paypa1, and I didn’t intend to change its corporate culture, nor do I intend to make it a vassal of LinkedIn, Google, or any Internet company, but to build Become the No1 in the field of Internet payment!”
‘Crash’, thunderous applause sounded again, this time more enthusiastically than before. Because Guo Shouyun’s words clarified his attitude towards paypa1, soothed the confusion among employees about the company’s future after the company was acquired, and stabilized people’s hearts.
For founders and management such as Pete Thiel, Max Levine, Reid Hoffman, Chen Shijun, Peter Thiel, etc., Guo Shouyun’s words also relieved them. Paypa1 independent exhibition, then they are still the veterans of the company, such a future is undoubtedly more promising than becoming a subsidiary of LinkedIn or Google.
Noticing the changes in the expressions of these people, Guo Shouyun nodded secretly in his heart. Although the elites of the paypa1 gang are now missing a small number of Elon Musk and others, the ones that are already there have already made him salivate. Therefore, before thinking about how to maximize the use of these talents, it is very important to use paypa1’s promise to be listed in the future to stabilize people’s hearts and keep them in paypa1.
“Okay, that’s all I’m going to say. … Pete, I know that paypa1 operates in an open-ended way, and all employees can see detailed data on the company’s customer records, revenue data, fraud losses, and capital expenditures. So I asked directly, … what is the number of registered users of paypa1 now?”
“The registration data as of now is 1o52,000!”
Pete Thiel, the CEO of paypa1 in a black jacket, got up and replied.
“What about the transaction amount?”
“$7.73 million!”
Guo Shouyun nodded, “According to the 1% handling fee, paypa1 has generated a gross profit of 773,000 so far!”
“Yes! Although it’s not much, we are growing rapidly. From the time we received the capital injection from Phoenix Capital in July to now, the average weekly growth rate is 48.5%! That is to say, every two months paypa1 users and transactions The amount will be doubled.” Peter Thiel’s tone was full of pride.
Guo Shouyun glanced at him, and he also felt proud and confident about the company he founded. He could understand how Pete Thiel was feeling. However, as an acquirer, he has to suppress this emotion and enhance his presence in paypa1.
Of course it’s not difficult. Later, he saw a lot of Alipay and WeChat payment, including some strategies used in the later exhibition of paypa1. Therefore, it is easy to give some advice to immature paypa1.
“Your exhibition on paypa1 is really fruitful. But in my opinion, there is still a lot of room for improvement in paypa1 now!”
His words instantly attracted the attention of Peter Thiel, Reid Hoffman and others.
Looking at their unconvinced eyes, Guo Shouyun was not surprised. The heart of a genius is always proud.
“The current paypa1 is just a simple payment tool, or an instant payment tool. After the two parties of the transaction agree on the price, the transfer is made through paypa1, and paypa1 is not responsible for the consequences of the transfer. This is the current business model of paypa1!” Paused Afterwards, Guo Shouyun’s eyes quickly swept across the crowd, “This business model is feasible, but in my opinion it is still relatively rudimentary. Because it does not solve the security problem of transactions.”
“I’m sorry to interrupt. Transaction security should be the responsibility of both parties, and paypa1 is only an Internet payment company, not an insurance company!”
A young man with eyes interrupted Guo Shouyun unceremoniously.
Guo Shouyun, who had a deep understanding of the high-level structure of paypa1, quickly recognized him as Max Levin, one of the founders of paypa1.
“paypa1 is indeed not an insurance company, but if the transaction cannot make both parties feel at ease, why should I use paypa1? What if I am cheated? I think both parties in any transaction will This question always arises when conducting online transactions. After all, the Internet is virtual, and the two sides of the transaction may be separated by the entire United States. Of course, as Mikes said, we can leave these problems to the insurance company to solve, or to The two sides of the transaction share the risk. But in this case, what about the paypa1 exhibition? Do they simply wait for others to solve the problem, and then use paypa1 to conduct transactions? In this case, why can’t they set up their own Internet payment company, A business model doesn’t need patents anyway?!”
Guo Shouyun’s words successfully caused most of the people present to ponder. In the past, their exhibition was too smooth, and many problems were not encountered, and naturally they would not think of solving them. Moreover, the well-established legal system in the United States, as well as the security procedures of e-commerce websites such as eBay and Amazon, have made this very prominent problem in China less prominent in the United States. Moreover, there are still too few people who actually conduct online transactions today. There are only 60 to 70 million Internet users in the United States.
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