Chapter 530: A Good Thing to Find the Door (I)
The rapid development of Yelp has not also slowed down because Zhou Shi is no longer there, similarly, the time payment company independently operated from Time has also gained huge development, which is Zhou Shi comprehensive modeled on Square, PayPal, Alipay to establish an Internet financial company, with the use of shell smartphones, can be in any 3G or iFi network state, through the application to match card consumption, it makes consumers, Merchants can make payments and collections anywhere, and save the corresponding consumption information, which greatly reduces the technical threshold and hardware requirements for card consumption payment (in the United States, POS machines are mainly for large and medium-sized merchants, with high fees, and it is difficult for small merchants to apply, while Time Pay is modeled on Square's products with a low registration starting point and easy to use (as long as you have a smartphone), which solves the pain points of small and medium-sized merchants in acquiring).
MtimePay is an exploration of Zhou Shi in the field of mobile Internet and Internet finance. In the future, a series of functions such as Internet banking and Internet financial management will be introduced. Now cooperate with Guoke mobile phone and Android system to bind sales. It also provides payment channels for Friends, Yelp and Amazon. Recently, we have been discussing cooperation with Groupon, and we may be able to provide them with online and offline payment services in the future.
MtimePay now has hardware (card reader) and software (mobile cashier POS software) products, and may also be involved in merchant lending, person-to-person payment, etc. in the future. It can be regarded as an O2O payment scenario in advance, and if everything goes well, this is another 10 billion dollar company. In fact, the market value of Square alone exceeds $20 billion, and Zhou Shi, a comprehensive version of the Internet financial company, should be stronger!
The in-depth cooperation between MPay and Yelp has increased the advantages of both parties, and the cooperation effect will not be less than two even if one plus one is greater than two.
Zhou Shi originally wanted to go to Xiangjiang at this time, but there will always be some friction in the cooperation between the two companies, and he still needs a while to deal with it. As the boss of both parties, he will not let the potential crisis spread, not to mention that Yelp has not formed a formal board of directors now, but it has also joined investor representatives and brought in more high-end talent. Sheng Haoyu almost pushed him to the position of the main person in charge like he was rushing ducks to the shelves, but he seems to be more handy at doing this than being a friend network. Maybe his success in JD.com in his previous life was also in the right position, everyone can give full play to their abilities in the right position, but not everyone is lucky.
"Mr. Zhou, T. Roe Price's lead on the netsuite project comes to you as if something important is going on. Zhou Shi, who was busy at yelp, heard Chen Wen's words, and suddenly wondered a little, netsuite equity has been in hand, and is starting the second phase of the plan to promote the merger of MySQL and Netsuite. To say that they will regret it should not be. The company is a behemoth, with assets under management reaching $900 billion in a few years. Of course, market capitalization is another matter.
"Let them in! Wait for me in the reception room. After Zhou Shi finished speaking, he sorted out the work at hand, and prepared to go and talk to T. Shi first. Meet someone from Roe Price.
Soon Zhou Shi walked out of the office and came to the reception room.
"I don't know what to do with me?" After a few pleasantries, Zhou Shi asked directly
"I'm here for the Netsuite development. "T. Roe Price is a medium-sized, plain-looking white man named Thomas.
"Is there anything wrong with the development of Netsuite?"
"There's a big problem, and it's okay!" said Thomas
"Why do you say that?" Almost everyone around Zhou Shi was looking for an opportunity to show himself, and if he had time and wasn't busy, he didn't mind giving someone such an opportunity.
"In this cooperation, I have repeatedly studied Simon's various opinions, and finally I found that Mr. Zhou has great confidence in the development of the SAAS industry. "Thomas
"That's right, but what does this mean?" Zhou Shi
"This shows that NetSuite has not yet found a suitable person at the helm, and the current CEO is not the most suitable person. "Thomas
"So you're going to find a suitable person for me?" Zhou Shi
Thomas didn't expect Zhou Shi to say this, and he didn't react at once. Why not ask the current CEO of NetSuite why he is not qualified???
"Yes, I think this guy has what it takes to lead netsuite to become the Oracle of the cloud era, and even more than salesforce, the giant of the SAAS industry. "Thomas
"More than salesforce?" Zhou Shi said noncommittally
"NetSuite got into the industry before Salesforce, but after all these years, it's so far behind Salesforce, and I don't think anyone would believe it if it didn't have the responsibility of the CEO. "Thomas
The operation of a business can be successful long ago without entering the market, just as it is often difficult for people to succeed in the first rebellion in history, it is reasonable for Force to succeed, but the founder and CEO of netsuite is an Oracle person, and there is nothing unacceptable for Zhou Shi to move.
"That seems to make sense! Do you have a better candidate?" Zhou Shi doesn't want to talk nonsense, there is no suitable person, and the current CEO is the best. After all, in a few years, the company's market value can increase several times.
"That's right, the person I recommend is David Duffield, the former founder and former CEO of Renke, who founded a SAAS company called orkday and HR after Oracle hostile takeover of Renke. "Thomas
"What do you mean?" Zhou Shi wasn't sure
"David Duffield is a very good entrepreneur and he would be the right leader for netsuite!" Thomas
"What about his own opinion?" Zhou Shi
"He's got the idea, but there's a lot more to talk to you about," Thomas
"The founder of Renke, what is the current valuation of his company?"
"About $600 million. When Orkday raised funds in October 2011, it was valued at $2 billion, and the initial valuation of the IPO in 2012 was about $3 billion, and the official IPO was more than $6 billion in market capitalization. )
"That means if you want to buy this company, it might cost a billion dollars?" Zhou Shi
"Yes, but I think the price is right!" Thomas
"What worries does he have?" Zhou Shi then asked
"My guess is that it may be because of the hostile takeover of Oracle, which has more than 60 percent of the voting rights at Orkday. "Thomas
"In that case, it should be very difficult for us to cooperate?" Zhou Shi
"But if orkday and netsuite merge, it's a scaled-down version, the Oracle of the SAAS industry, and that's a big temptation for him!"
"Does he have this confidence?" Zhou Shicai didn't believe it
'I don't know if he has the confidence or not, but this is his best chance. "Thomas
"There's no way I'm going to give up control to David Duffield. "Zhou Shi
"But you generally don't interfere with specific operations, and that's enough!" Thomas
"Alright then, let's make an appointment!" Zhou Shi
"I'll make this arrangement!" Thomas seemed to jump to his feet, and soon left Yelp in high spirits.
(End of chapter)