The Millennium Semiconductor Survival Guide.

Chapter 101 The First Matrix Keyboard
"NewPay has more than 200 million users, and more than 50.00% of these users have non-zero balances in their accounts.

At the same time, about 20.00% of these users, that is, more than 60 users, have an account balance of more than $20.

There is a huge degree of overlap between our customer base and Ebay's target customers.

If Ebay chooses to cooperate with NewPay, we will put the Ebay account number under the registered account number on the homepage, just like Amazon.

According to our statistics, Amazon gets more than one million clicks from the NewPay portal every month on average. "

This is what Peter Thiel said when he was negotiating with the vice president of eBay.

Among them, why there are more than 60 user account balances above $20, because the minimum amount for Quora questions is $20.

If your question is not answered, the money will be refunded to your NewPay virtual account.

That is to say, the user initiates the payment through the bank card, and then the refund is refunded to the NewPay account.

This NewPay R&D team is a careful machine in product design, which can effectively increase the total balance in the NewPay virtual account.

You must know that there is no Yu'e Bao now, so the income of this part of the accumulated funds in the bank is completely owned by NewPay.

At present, the accumulated capital of NewPay virtual account is close to 5000 million US dollars, and some banks have realized the value of NewPay beyond the SMS verification code.

As the number of NewPay users increases and users' trust in NewPay increases, NewPay's accumulated funds will rise in a straight line.

"Ms. Whitman, I strongly recommend accepting NewPay as one of Ebay's payment methods. In my opinion, after accessing NewPay, the number of Ebay users will be greatly improved.

NewPay has a large number of users with account balances between US$20 and US$100. After depositing their funds into NewPay’s virtual account, these users are unwilling to withdraw money to their bank accounts.

For these users, Ebay is a good shopping place, because NewPay promised to add an Ebay entrance under their official website address.

This will attract these users to conduct transactions on Ebay. For Ebay, the increase in the number of users, the number of transactions, and the transaction amount will bring benefits to the capital market. This part of the income is far more than our own development of an electronic payment software. .

And NewPay is already very well established in this market, even if we launch Billpoint, it will be difficult to beat NewPay.

Having chosen not to cooperate with NewPay, we can only watch as Amazon leaves us behind in e-shopping with the help of NewPay. "

When the vice president reported to Ebay President Ms. Whitman after negotiating with Peter Thiel, he strongly recommended that Ebay cooperate with NewPay instead of waiting for Billpoint to be developed.

To be honest, the Internet bubble around the turn of the millennium is far beyond the imagination of later generations. Take Billpoint as an example, an electronic payment company that has not launched a product, and Ebay spent about 8200 million US dollars to acquire it.

(Also said it was $1.12 million.)
Billpoint doesn't even have products, let alone users.

NewPay, with millions of users, is valued at only $10 billion, so don’t be too conscientious.

Whitman, full name Meg Whitman, American's political and business revolving door is obvious, she started as the president of Ebay when Ebay had only 30 employees, and worked in this position for ten years.

After she retired, she first represented the Elephant Party in the California gubernatorial election, and later joined the Donkey Party.

Another vice president who had a similar experience with her, Steve Westley, the director of electronic payments, seemed a little depressed after getting the final decision of the board of directors.

He knows how big the potential is in the electronic payment field, and he has always insisted on waiting for Billpoint to go online before, including the acquisition of Billpoint by Ebay, which he also led.

The result still did not stop NewPay from entering the payment channel of Ebay.

This was a fatal blow to Billpoint, he could understand all this, but it was hard to accept.

We must know that transaction is the core behavior of modern commercial society. From large multinational companies to street vendors, the ultimate goal of all commercial activities is transaction, and transaction is realized through payment.

In Steve's view, electronic payment is like a treasure that has not been unearthed in the Internet age. Once unearthed, the light will shock everyone.

Ebay obviously has a mining hoe and has found gold, but it is abandoned.

Steve left Ebay to become governor of California, and then lost the election to Schwarzenegger.

For NewPay's promotion and marketing team, Ebay is definitely the toughest battle they have ever talked about.

When other online shopping sites heard that they could cooperate with NewPay, they almost all accepted it after a little discussion.

Amazon, which has more users than Ebay, also accepted after NewPay proposed to put the Amazon official website link under NewPay's official website.

Only Ebay is so difficult to deal with, and the most important reason is that Ebay just bought the electronic payment company Billpoint at a high price not long ago.

"Boss, Ebay has agreed to cooperate with us." When Warren Johnson told Zhou Xin the news, Zhou Xin and Cao Yongluo were assembling their first customized keyboard.

After Zhou Xin answered the phone, he picked up the Coke in hand, and signaled to Cao Yongluo: "Come and celebrate."

Technology geeks like Coke, which is a classic combination.

Cao Yongluo watched Zhou Xin celebrate with him after he answered the phone, knowing that it was because of the matter on the other side of the phone, not because of the keyboard they were assembling.

He also picked up the cup: "Is there any happy event?"

After Zhou Xin obtained his green card, he bought a villa from Bill Gates in the wealthy area of ​​San Francisco. Zhou Xin chose to pay for the villa with the shares of Riot Games.

Originally, Zhou Xin planned to cash in part of the shares of Riot Games before going public.

Before he accounted for 60.00% of the shares, Zhou Xin plans to reduce his shareholding to 50.00%.

According to the valuation of Riot Games at US$20 billion, that is US$1 million.

After knowing how much tax he would have to pay, Zhou Xin dropped the idea.

Because Riot Games was established less than a year ago, according to the federal tax law at the time, this was a short-term capital gain, and the tax rate was the same as personal income tax, which required paying 39.6%.

At the same time, he also needs to pay California state taxes, etc. Overall, nearly half of it was paid to him.

At that time, Zhou Xin felt that Huaguo was better, and that the direct taxes levied on the rich were much less.

The ass decides the head is nothing less than that.After doing some calculations, Zhou Xin opted for a direct share swap, and with Microsoft's specialized tax consultants doing the tax, he was able to keep the tax below 3%.

Zhou Xin said: "NewPay has made a relatively big progress. The cooperation that has not been discussed before has just been discussed.

In front of NewPay is a flat river, which is worth celebrating. "

Cao Yongluo nodded: "This is really worth celebrating, foreigners don't understand, don't we Chinese people understand?

The closer to the money, the faster the money will come. Is there anything faster than the electronic payment field in the Internet field?

That is to say, Huaguo has been unwilling to open up private capital to enter the field of electronic payment. Many elders around me have long been gearing up to enter this field in various ways.

Recently, my relatives asked me, also at the University of California, do you know you, they want to invest in NewPay.

I don't even think about how much money I have, and I can invest in NewPay. "

After getting the American green card, it is equivalent to getting an insurance policy, and ordinary means can no longer be used against Zhou Xin.

Coupled with Zhou Xin's own reputation in American and Huaguo, it is almost impossible to make some small moves.

Zhou Xin didn't know if Cao Yongluo's words were tentative: "Haha, it's normal to have such thoughts, but recently NewPay won't accept external investment.

The money is enough. The next round of financing, NewPay's valuation will start at least [-] billion.

I welcome anyone in China who wants to participate, but he has to give me an equivalent price, such as allowing NewPay to enter the Huaguo market.

Or he can give me a special electronic payment license. "

In other words, a license is called a franchise license.

Cao Yongluo shook his head: "It really can't be done. There has been no opening up in this area in China, and there is not even a rumor of opening up."

Zhou Xin: "If the country can be opened up, I will set up a new company called NewPay, specializing in electronic payments in China.

This company will have strict equity separation from American's NewPay.

In other words, NewPay Global and NewPay Huaguo have the same name, and the control is in my hands, and there is nothing else the same. "

Cao Yongluo: "I will inform you when I have news, but don't think about it in the short term.

If you really want Huaguo to get an electronic payment license, after the PBOC opens up, I can help you find someone to talk to. As for how to distribute the benefits, it depends on how you talk. "

Zhou Xin asked: "Why, your family still can't get it?"

Cao Yongluo: "I can't get it, my family has almost no way in this regard.

Moreover, the People's Bank of China is very stuck in the third-party payment market. Even if it is opened up, it will be gradually opened up. The first to obtain licenses must be the group of people with great powers. Our family does not engage in financial business.

This one comes in quickly, but there are many taboos. "

In 98, the People's Bank of China promulgated the Measures for the Administration of Payment Services of Non-financial Institutions, which clarified the access and management requirements for non-bank institutions to engage in electronic payment services.

However, it was not until 2004 that the People's Bank of China allowed private capital and foreign investment to enter the electronic payment field, and Alipay was also established in that year.

Later, it was not until 2010 that the People’s Bank of China allowed payment licenses to be auctioned. The first transaction price of payment licenses was around 1.6 million RMB. Later, the price climbed all the way, even reaching more than 10 billion RMB.

Zhou Xin picked up the PCB board in his hand and said, "These are still too far away.

Even you don't know when the PBOC will loosen restrictions, let alone me.

Let's prepare for this matter after there is wind of the pedestrian line. Let's assemble the keyboard first.

This is related to the first step of our century-old plan for a consumer electronics brand! "

They found three electronic product companies that focus on meeting customers' individual needs to help make these accessories.

　Chapter 2, there should be another chapter.

　　Then let’s talk about how much the transaction tax of the share replacement villa can achieve. I don’t know.

　　
　
(End of this chapter)