Rebirth 76: Industrial Internet Empire
Chapter 313
PayPal Technologies, Inc. headquarters in San Francisco, California.
Peter Thiel, who had just taken office a few days ago, was sitting in the spacious president's office looking at the financial statements.
Peter Thiel, who once worked in a well-known law firm and an international investment bank, has seen some of the world, but he was still shocked by PayPal Technology's behavior...
The speed at which they burned money was nothing like that of a start-up company. Before Paypal was even launched, they went through a round of financing and raised US$2000 million.
The eBay online marketplace's "Broches for Sports Cars" event started with a sponsorship of US$10, and new users received US$10 for registration. Within ten days of being online, another US$10 was given away.
There is no embarrassment of a start-up company, but only the pleasure of burning money regardless of the cost. They are using the most barbaric and rude way to gain territory...
What shocked Peter Thiel even more was the structure of Paypal, which subverted his thinking. When Paypal was launched, Peter Thiel and his friends who knew technology thought that the so-called electronic payment tool had a very simple logic, which was to send an email to the bank. , repair the account data to complete the payment.
After taking office at PayPal Technology, he discovered that PayPal has its own data processing center. After receiving the user's transaction transfer request in the background, it will be sent to the data processing center for review. After the review is passed, the payment will be confirmed and the user account data will be modified.
With technology, strength, and innovative spirit, isn't this the Internet start-up company I want?In order to get the 2% option incentive, Peter Thiel willingly signed a non-competition agreement!
"Mr. Valentine from Sequoia Capital is here!" Assistant Jenny walked in and reported.
Peter Thiel had a feeling that he had suddenly reached the peak of his life. Just like in a dream, two big figures in the capital market asked him to meet one after another. Half a month ago, he was just an unknown bank trader...
"Hello, Mr. Valentine..." Peter Thiel pushed open the door of the reception room, stretched out his hand and said enthusiastically.
"Mr. Peter Thiel, this is Jeff Bezos, the founder of cadabra. I'm here to visit you. I want to ask you if you have any plans to sell PayPal Technology Company?" After a brief greeting, Valentine asked bluntly. road.
"I'm very sorry, Mr. Valentine, PayPal technology is in a period of rapid development, and we have no intention to sell the company for the time being!" Peter Thiel declined politely.
Valentine didn't have much hope. Who would sell a hen that currently looks like it will lay golden eggs?
After being declined, Valentin pondered for a moment and then asked: "Peter! Did you spend a lot of money on the promotion of Paypal? Your A-round financing should have almost bottomed out, right? If you need it, Sequoia Capital can help I can invest some money for you..."
"Mr. Valentine, thank you very much for your love. I will be the first to notify you of PayPal Technology's next round of financing!" Peter Thiel said sincerely.
"Peter, I believe that with your wisdom, you must be clear about the benefits of introducing Sequoia Capital. Sequoia Capital can bring you unimaginable advantages in human resources, which will have a great promotion effect on the promotion of your Paypal electronic payment tool. !" After hitting two soft nails in a row, Valentin was very unhappy, but still patiently consoled him.
"Of course I am aware of the help that Sequoia Capital can bring to the company, but during PayPal Technology's A-round financing, it has reached an agreement with the capital and will not conduct new financing in a short period of time!" Peter Thiel continued to decline.
There are no competitors competing for market share, which is why Peter Thiel can reject Sequoia Capital.
Valentin, who has always had a tough personality, did not choose to leave. With his investment vision, he has seen that the future of e-commerce is a sea of stars. There should be no competitor that can replace PayPal's position in a short time. The first-mover advantage is enough for Bayi. After Bao was racing to gain territory, he spent money to consolidate his market share!
"Peter, Paypal makes e-commerce more convenient. We at Cadabra are also considering embedding Paypal electronic payment tools on the homepage and product details page..." After Valentine hit several soft nails in a row, Jeff Bezos Sri Lanka promptly changed the topic, from acquisitions and capital injections to cooperation.
Peter Thiel handed over a folder and explained with a smile: "This is our business cooperation template file. As a third-party company, PayPal Technology treats all cooperative enterprises equally. It will permanently use the PayPal electronic payment tool for free, and the funds will be deposited." The period is 7-10 days. Of course, in order to give back to customers, in the future we will sell part of the equity of PayPal Technology to important partners at a relatively low price based on the business volume of the cooperative company..."
This is a trump card thrown out in accordance with Yang Mo's instructions and modeled on Asmai's model!
Firmly bind important customers to the chariot of PayPal Technology through cross-shareholdings...
Valentin wanted to invest in PayPal Technology and quickly agreed to the contract terms proposed by Peter Thiel. The two parties reached a cooperation to embed the PayPal electronic payment tool on the Cadabra homepage and payment purchase page.
.........................................................
March 3, Yanjing Airport.
Yang Mo and Lin Yan walked down the spiral staircase and saw Xia Xinyi and Chen Jun waving their hands towards them.
"Mr. Yang, where are you going?" Xia Xinyi got into the cab skillfully and started the car.
"Xinyi, have you learned to drive? That's great!" Lin Yan said with a look of surprise.
"I have to thank Mr. Yang for giving each of us educated youths who jumped in line a luxury car!" Xia Xinyi said with a smile.
Yang Mo chuckled and said: "You don't need to thank me. With your and Chen Jun's levels and contributions to the company, you should be equipped with special cars. Giving you a car will not only save the company two cars, but also save money." The salary of two full-time drivers is so cost-effective..."
"Where! The entire Zhiyuan Metal Research Center has allocated two Hongqi vehicles to Director Luo and Tel Aviv..." Xia Xinyi said casually.
Yang Mo's expression suddenly changed, and he frowned and asked, "What's going on? The quota and money for the car were distributed two years ago? You haven't bought the car yet?"
"Mr. Yang, don't listen to Xia Xinyi's nonsense. In addition to the special car in Tel Aviv, everyone can use Director Luo's car. Besides, everyone's taxi expenses can be reimbursed, and additional subsidies can be paid..." Chen Jun quickly explained road.
"That's not okay. This is the arrangement of the group company. What does Fatty Luo think?" Yang Mo said displeased.
Peter Thiel, who had just taken office a few days ago, was sitting in the spacious president's office looking at the financial statements.
Peter Thiel, who once worked in a well-known law firm and an international investment bank, has seen some of the world, but he was still shocked by PayPal Technology's behavior...
The speed at which they burned money was nothing like that of a start-up company. Before Paypal was even launched, they went through a round of financing and raised US$2000 million.
The eBay online marketplace's "Broches for Sports Cars" event started with a sponsorship of US$10, and new users received US$10 for registration. Within ten days of being online, another US$10 was given away.
There is no embarrassment of a start-up company, but only the pleasure of burning money regardless of the cost. They are using the most barbaric and rude way to gain territory...
What shocked Peter Thiel even more was the structure of Paypal, which subverted his thinking. When Paypal was launched, Peter Thiel and his friends who knew technology thought that the so-called electronic payment tool had a very simple logic, which was to send an email to the bank. , repair the account data to complete the payment.
After taking office at PayPal Technology, he discovered that PayPal has its own data processing center. After receiving the user's transaction transfer request in the background, it will be sent to the data processing center for review. After the review is passed, the payment will be confirmed and the user account data will be modified.
With technology, strength, and innovative spirit, isn't this the Internet start-up company I want?In order to get the 2% option incentive, Peter Thiel willingly signed a non-competition agreement!
"Mr. Valentine from Sequoia Capital is here!" Assistant Jenny walked in and reported.
Peter Thiel had a feeling that he had suddenly reached the peak of his life. Just like in a dream, two big figures in the capital market asked him to meet one after another. Half a month ago, he was just an unknown bank trader...
"Hello, Mr. Valentine..." Peter Thiel pushed open the door of the reception room, stretched out his hand and said enthusiastically.
"Mr. Peter Thiel, this is Jeff Bezos, the founder of cadabra. I'm here to visit you. I want to ask you if you have any plans to sell PayPal Technology Company?" After a brief greeting, Valentine asked bluntly. road.
"I'm very sorry, Mr. Valentine, PayPal technology is in a period of rapid development, and we have no intention to sell the company for the time being!" Peter Thiel declined politely.
Valentine didn't have much hope. Who would sell a hen that currently looks like it will lay golden eggs?
After being declined, Valentin pondered for a moment and then asked: "Peter! Did you spend a lot of money on the promotion of Paypal? Your A-round financing should have almost bottomed out, right? If you need it, Sequoia Capital can help I can invest some money for you..."
"Mr. Valentine, thank you very much for your love. I will be the first to notify you of PayPal Technology's next round of financing!" Peter Thiel said sincerely.
"Peter, I believe that with your wisdom, you must be clear about the benefits of introducing Sequoia Capital. Sequoia Capital can bring you unimaginable advantages in human resources, which will have a great promotion effect on the promotion of your Paypal electronic payment tool. !" After hitting two soft nails in a row, Valentin was very unhappy, but still patiently consoled him.
"Of course I am aware of the help that Sequoia Capital can bring to the company, but during PayPal Technology's A-round financing, it has reached an agreement with the capital and will not conduct new financing in a short period of time!" Peter Thiel continued to decline.
There are no competitors competing for market share, which is why Peter Thiel can reject Sequoia Capital.
Valentin, who has always had a tough personality, did not choose to leave. With his investment vision, he has seen that the future of e-commerce is a sea of stars. There should be no competitor that can replace PayPal's position in a short time. The first-mover advantage is enough for Bayi. After Bao was racing to gain territory, he spent money to consolidate his market share!
"Peter, Paypal makes e-commerce more convenient. We at Cadabra are also considering embedding Paypal electronic payment tools on the homepage and product details page..." After Valentine hit several soft nails in a row, Jeff Bezos Sri Lanka promptly changed the topic, from acquisitions and capital injections to cooperation.
Peter Thiel handed over a folder and explained with a smile: "This is our business cooperation template file. As a third-party company, PayPal Technology treats all cooperative enterprises equally. It will permanently use the PayPal electronic payment tool for free, and the funds will be deposited." The period is 7-10 days. Of course, in order to give back to customers, in the future we will sell part of the equity of PayPal Technology to important partners at a relatively low price based on the business volume of the cooperative company..."
This is a trump card thrown out in accordance with Yang Mo's instructions and modeled on Asmai's model!
Firmly bind important customers to the chariot of PayPal Technology through cross-shareholdings...
Valentin wanted to invest in PayPal Technology and quickly agreed to the contract terms proposed by Peter Thiel. The two parties reached a cooperation to embed the PayPal electronic payment tool on the Cadabra homepage and payment purchase page.
.........................................................
March 3, Yanjing Airport.
Yang Mo and Lin Yan walked down the spiral staircase and saw Xia Xinyi and Chen Jun waving their hands towards them.
"Mr. Yang, where are you going?" Xia Xinyi got into the cab skillfully and started the car.
"Xinyi, have you learned to drive? That's great!" Lin Yan said with a look of surprise.
"I have to thank Mr. Yang for giving each of us educated youths who jumped in line a luxury car!" Xia Xinyi said with a smile.
Yang Mo chuckled and said: "You don't need to thank me. With your and Chen Jun's levels and contributions to the company, you should be equipped with special cars. Giving you a car will not only save the company two cars, but also save money." The salary of two full-time drivers is so cost-effective..."
"Where! The entire Zhiyuan Metal Research Center has allocated two Hongqi vehicles to Director Luo and Tel Aviv..." Xia Xinyi said casually.
Yang Mo's expression suddenly changed, and he frowned and asked, "What's going on? The quota and money for the car were distributed two years ago? You haven't bought the car yet?"
"Mr. Yang, don't listen to Xia Xinyi's nonsense. In addition to the special car in Tel Aviv, everyone can use Director Luo's car. Besides, everyone's taxi expenses can be reimbursed, and additional subsidies can be paid..." Chen Jun quickly explained road.
"That's not okay. This is the arrangement of the group company. What does Fatty Luo think?" Yang Mo said displeased.
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