Reborn Entrepreneurial Giant.

The questioning and loss of users brought about by the revision of the privacy policy of Shiguang Instagram is just a relatively big trouble encountered in the internationalization of Jumei Time.

Qu Li communicated with the young employees of Time Company, telling them what is happening in the company, how the management is responding, and what kind of mentality he is.

This is not useless work. Talent growth needs to go through one thing.

Time is still overseas. The turmoil will not end so easily. The public relations department just lowered the frequency of discussions and the intensity of opposition. The process of competing for WhatsApp between Facebook and Goose Factory is not smooth. They just got venture capital, and they are not short of money. In addition, as the second in the market, the price cannot be called up.

Of course, the WhatsApp team and the venture capitalists who support them insist on excluding Time WeChat, and WhatsApp is the industry leader.

In order to divert the focus of media attention, and to promote Future Geometry, Qu Li officially announced the "Super Factory" plan.In an interview with a well-known American media reporter, he talked about the recent turmoil: "Time Company was established in strict accordance with the standards of multinational companies. In order to reduce everyone's worries, we even set up our international headquarters in Singapore..."

"The person in charge of Shishi WeChat and Instagram is very young, an early employee of Google, and later..."

"At the beginning we wanted to build an app with one billion users around the world. We made several attempts, and the successful ones were WeChat and Instagram..."

"WeChat does not make money. We want to make money through Instagram, but people who think of selling pictures uploaded by users are naive. Leaving aside copyright issues, the vast majority of users' photos have no commercial value. How do we screen out valuable photos? How much can these photos sell for?"

"Instagram's business model is likely to sell newsfeed ads like Facebook and Twitter..."

After talking about time, the reporter asked about Qu Li's own situation. He is the third billionaire in the world and the youngest among them. He has super voting rights, but he does not directly manage Jumei and Glory.

This is not surprising. This is what the two founders of Google did. They are not the chairman or CEO, but they can control the board of directors with super voting rights.

"However, how far away from the establishment time and future are, this is very strange." Reporter

"Time is an innovative business for the mobile Internet. The establishment of Future Geometry was inspired by Tesla founder Musk. Whether it is for environmental protection or to change the current energy structure, electric vehicles are a choice worth trying."

Then I talked about the difference between Future Geometry and Tesla, "software-defined hardware", "evolution from advanced assisted driving to autonomous driving", "regarding the factory as the most important product of geometry", "the machine that makes the machine is more complicated than the machine itself"

"So we thought of building a brand new super factory: the four major process divisions of "stamping, welding, painting, and final assembly" are concentrated in one large workshop..."

The reporter didn't feel much after hearing it, but the professionals heard it and exploded. Some experts said: This is a whimsical decision made by a young man who doesn't know how to build cars.

"Geometry car pills, only Tesla in the future."

"In the hundreds of years of the automobile industry, no one knows how to make cars better than Qu Li?"

"BBA was scared to death when they saw that the super factory became super garbage."

"Qu Li was dazzled by his previous success, thinking that..."

"Qu Li knows how to brag. He used to talk about building rockets and active suspension, but now he has nothing. It's just a big fool."

A simple "super factory" has not yet become a reality, but it has been besieged by so many voices of doubt. It is really...

Fortunately, there is good news, Huang Zheng told him: "The growth rate of new users of WeChat and Instagram has returned to normal."

That's good, Qu Li himself doesn't care about doubts from the outside world, he has encountered similar situations many times, and now he has developed an antibody.

At this time, Musk publicly said on Twitter: "I don't think the super factory is a bad idea, in fact we have similar plans..."

"Qu Li is a great entrepreneur. Even if you don't understand his ideas for the time being, he is worthy of respect..."

The two competitors, Qu Li and Musk, often brag about each other's business, which is regarded as mutual achievement, so it is possible to unify the charging standard and jointly respond to the stress response from traditional fuel vehicle companies.

The business bragging between the two is still effective. After all, Musk is the "Iron Man" of Silicon Valley, and he is more convincing when it comes to professionalism.

After dealing with overseas affairs, Qu Li led the team to develop the mobile payment market. First, he introduced Didi Taxi into WeChat Pay, Alipay into Kuaidi, and Shiguang WeChat into Didi Taxi, which means that it is time for online car-hailing to enter the giant competition.

At the same time, the Jumeijuhuasuan APP can directly call WeChat payment.

Of course, the hottest thing is definitely "Internet Finance". After Jumei, there are Ali, Baidu, and the rate of return of one of Baidu's products is as high as 8%, but it is a pity that the limit is limited.

The popularity of Yu'ebao on the Internet has not been transmitted to the industry at all. Qu Li went to Yangcheng to find out about the situation with old friends in the bank, and some executives didn't care at all.

On the one hand, there is a "money panic", on the other hand, there is no shortage of money, and the general trend of the industry has not yet been seen. A large number of young users have no money in their current accounts, and the bank's blood loss will become more and more serious.Think about the scale of the Ali family's Yu'e Bao, which is up to 1.7 trillion yuan. It has earned 10 billion yuan for users in 3867 years. In addition to the management fees charged by fund companies, it has exceeded 4000 billion yuan.

There are also young people in the bank who have seen the general trend of Internet finance. Unfortunately, they have limited voice and cannot influence the upper echelons. The bank is a conservative financial institution after all.

There are also those who are not conservative. Ping An Company promotes Internet insurance, attracts Ali and Jumei to establish a joint venture, and officially enters the preparatory process, and is approved by relevant departments.

The success of WeChat has re-established Jumei's status in the domestic Internet arena. Some high-end resources have abandoned goose factories and found them. I have to say that the financial industry is snobbish.

Unfortunately, no matter how hard Qu Li struggles, Alipay’s GMV is twice that of Jumei, and Alipay’s transaction volume may be 4 times that of Jupay. Even if it is to develop WeChat mobile payment business, it is still facing the hand-to-hand combat of Alipay and Alipay, and it is difficult to close the gap.

"Do you want to introduce Kuxun's hotel and air ticket business into WeChat Pay?"

Someone in Shiguang made a suggestion. Qu Li tried to develop Kuxun’s large-scale travel and large-scale accommodation business many times, but he always got off the ground. This year, Ctrip launched a subsidy war and fought fiercely with Qunar and other companies.For a while, Kuxun was so oppressed that he lost his temper.

"Yes!" Qu Li and the others have included movie performances, mobile phone recharges, credit card repayments, living expenses and other items into the WeChat payment service section.