The Millennium Semiconductor Survival Guide.

Chapter 67
"Cheers!" Warren Jensen blushed from drinking.

With the success of "Plants vs. Zombies", NewPay has also risen along with it, with more than one million registered users.

Because after players purchase "Plants vs. Zombies", they will invite their relatives and friends to help register NewPay accounts.

After registering an account, both parties can get a $10 reward.

In other words, the purchasers of "Plants vs. Zombies" and the registered users of NewPay do not completely overlap.

There are more than one million registered users, and most of them are registered through mobile phone numbers. Warren Johnson is fully aware of its value.

In just one week, their electronic payment software gained millions of registered users. Based on these users alone, NewPay's valuation is at least one billion.

It only took NewPay a week to become the number one in the field of electronic payments.

Warren Jensen is thankful that he didn't hesitate to jump ship in the first place.

Now, this position is not his turn.

On the night when registered users broke one million, NewPay held a celebratory dinner at an Italian restaurant in downtown Palo Alto.

Everyone drank very high, but Zhou Xin didn't drink much.

He was a little sad because the number of users had grown too fast.

According to the user incentive plan they formulated, for 100 million users, the incentive plan cost them about 500 million US dollars.

If it were Bezos, 500 million US dollars could be exchanged for 100 million registered users, and he wouldn't even bat an eyelid.

For Zhou Xin, who has insufficient liquidity in his hand, the 500 million is still very painful.

Fortunately, the release of "Plants vs. Zombies" is another sum of money.

"Boss, Amazon, Ebay, Yahoo! A series of Internet companies have approached me and expressed their hope to invest in NewPay."

Warren Johnson walked up to Zhou Xin and said.

Zhou Xin: "Talk, talk one by one, and see who offers the highest price.

We will start to expand at a high speed in the future, and we now need a lot of funds to support the subsequent expansion. "

Zhou Xin handed over the negotiating power to Warren Johnson, who asked, "Price?"

"You talk to them first to see their psychological price.

Tell them clearly that we will take up to 20.00% of the shares for financing in this round.

NewPay does not accept takeovers. "

Zhou Xin put it categorically.

Few people are aware of the value of electronic payment, and almost no one knows what electronic payment can do.

It is also because of this that he, as a Chinese, can engage in electronic payment in American.

Among the founders of Confinity, the predecessor of PayPal, the three founders are East Germany, Poland and the former Soviet Union.

In this era, electronic payment is only considered as a supplementary means of offline payment, and everyone has not seen the power of electronic payment in the financial field.

Zhou Xin can still develop a wave. After the value of electronic payment is fully realized, NewPay will definitely not be able to keep it.

But before that time point, Zhou Xin needs to maximize the value of NewPay.

"Warren, you have been in Silicon Valley for some years. For a company like NewPay, there are many investors. We need to uphold a principle when accepting investment.

What advantages can they bring to NewPay other than capital.

On the other hand, while talking about accepting investment, while chatting with Amazon and Ebay, NewPay will become one of their online payment options!

It's a win-win for both of us.

Our users will become Ebay users, and Ebay users will also become our users. "

Practitioners of the Internet have not yet realized that for electronic payment, application scenarios are crucial.

That is to say, Ebay opens the payment channel to NewPay, and NewPay is the more favorable party.

Because NewPay is only meaningful if users can use NewPay to complete payment actions.

Even if Ebay can only pay with Visa, it still has the value and meaning of existence.

"After accepting financing, we need to build a sales force to communicate with every Internet service provider.

We need to promote NewPay to the door of every Internet service provider.

Don't they lack the means to make money?They have users but no means of profit. NewPay can provide them with a channel linking them and users. As long as they have the idea of ​​charging services, they can charge through NewPay. "

In just one week, NewPay has grown from an obscure pawn to the company with the largest number of users in the entire electronic payment field.

This explosive growth made entrepreneurs and entrepreneurs throughout Silicon Valley look stupid.

Is it so easy for users to copy?
Now everyone's concept of traffic is not very clear, but knowing that users are the key.

Why Yahoo is so valuable, because everyone who uses the Internet is their user.

But Yahoo's success is only limited to the portal website, and they want to replicate users to other Yahoo products, and there are high barriers.

The same goes for Microsoft.

Microsoft is even more of a monopoly among monopolies. You don’t have to choose Yahoo portals, you can choose MSN, Netscape, or American Online.

But the operating system can almost only choose windows. Currently, Linux and Mac are non-mainstream.

Similarly, Microsoft tried to copy their users from windows to browsers, portals, and mailboxes, which failed very much.

The push is almost entirely dependent on acquisitions.

Such as the acquisition of Hotmail, the acquisition of Hotmail also inherits the users of Hotmail, but cannot attract the users of the Windows operating system to Hotmail.

But NewPay did it, and they absorbed a large number of users from the Riot Electronics community to NewPay.

This has caused a huge impact on the entire Silicon Valley, and everyone is discussing why NewPay can succeed.

Why can't I?

"Why can't we?" Bezos was depressed.

Originally wanting to have fun, Warren Jensen went to a little-known small company. The only advantage of this small company is that their founder is a little famous.

Newman is only a minor celebrity in Silicon Valley because of his rapid rise.In Bezos's view, there's no comparison between Newman and a bigwig like him who has made his way out of the e-shopping field.

Later, the name Newman appeared in his ears again, when Newman invested in Google.

And now, the rapid rise of NewPay has focused the attention of the entire Silicon Valley on them.

Bezos is no exception.

Because electronic payment and electronic shopping are closely related, the two are complementary.

And Amazon has repeatedly failed in the field of electronic payments.Since its establishment, it has been exploring in the field of electronic payment, but it has repeatedly failed. Amazon Pay was not launched until 2007.

"We have a consumer base, why can't our electronic payment application attract our consumers?"

Amazon held an internal executive meeting to discuss the issue.

"We need to think about how to convert consumers into our users in other fields, which is very important for Amazon!"

(End of this chapter)