Chapter 192: Thinking
After talking about the teacher's coming for Christmas, George stopped talking, just quietly watched the pictures of Christmas in the United States on TV, and his mind couldn't help but sound about what he needed to do after Christmas.
The ranch had been transferred from Express to Wells Fargo, and because it was Christmas, George had not yet received an answer from them and information about his choice.
Thinking of Wells Fargo, George couldn't help but want to associate it with PayPal, if there is an international bank to endorse PayPal, PayPal's development potential will be faster and stronger, at least much stronger than in the previous life under the banner of eBay.
If it is just to dock with the bank, it will be very simple, but George's positioning of PayPal is the same existence as Alipay, the payment boss of later generations in China, and it is destined to be the opposite of the bank.
Once Elon Musk steps out of George, who has now become a major shareholder, to take over, all the changes around PayPal will become the target of strong bank suppression.
Since this is not the era of large-scale bankruptcies of banks and investment banks caused by the subprime mortgage crisis, the price to pay to buy a bank is too great, and even if it can be successful, it will only be a small regional bank, which is far from what George had in mind.
Behind the big banks are countless families and consortia that control them through crossover and nominee holdings, and what outsiders see as stock trading and changing hands is more just an illusion of left-handed hand-to-right-handed hand-to-right created for the masses because of profits.
For example, in addition to its own two founding families, Wells Fargo has the Watt family, the Crella family, and the representatives of Wall Street who reached out to California earlier, but what is presented to the outside world is a large number of shareholders who hold only one percent or one percent of the diversified investment.
More than 4 percent of the more than 4 percent that has been transferred from Wattsmith's hands like George is a major shareholder who can sit on the board.
Thinking of Wells Fargo, George's heart was hot, but this is a consortium at your roots, not everyone can occupy it casually, unless he can be powerful and ignore all the top families, of course, at this stage, no one can have the same ability, even if there is, he will not dare, as long as someone does such a thing, he will be attacked immediately.
The most important thing in doing business in the United States is sharing, sharing is the mainstream, and eating alone will only attract more people's disgust and small actions to keep blowing.
Of course, there are very few people who still survive among the many besiegers like the Koch brothers, and they are getting stronger and stronger, after all, the two brothers only have to go up and slap him when they face Clinton, which shows the degree of strength, and more importantly, the Koch Industrial Bank has very few loans, most of them are from free capital development, and the lack of listing has also eliminated more people's fingers and maintained its independence.
However, George is not ready to learn from the Koch brothers, but in the core enterprise, George will still firmly grasp it in his own hands, even if he shares, he will only share part of the profit under the premise of ensuring control, as for some pure money-making enterprises, he doesn't mind letting those people eat some sweetness.
Thinking about it, George unconsciously frowned, and he suddenly realized that he seemed to be very rich, but compared to what he had to do, the money in his hand was still too far away.
The only time that can bring him a lot of cash is the current Internet bubble, but now the Internet bubble has entered the stage of stalemate, which is the most difficult stage to figure out.
"If you want to hurry, you can't reach it" has an unstable foundation, and there are not a few variables in the history of the collapse of the building, and George also wants to slow down, but there is always a voice in his heart urging him, telling him that time is not waiting.
There are so many things he wants to do now, especially the e-commerce he is about to launch in Southeast Asia, followed by the convenience store he wants to open in China.
E-commerce needs to cultivate the market in the early stage, he needs to find a competent person to lead the company he has high hopes for, and more importantly, he has plenty of time to do this, especially after eBay enters China, it will face up to five years of gunpowder competition with local e-commerce sites, which is the main time point for him to bury his head in development.
Convenience stores are different, he belongs to the future, in large shopping malls because e-commerce websites are changing to get out of the predicament, convenience stores are the humble industry is the lagging behind, becoming the main point of the retail market.
Offline and online This is George's final definition of the future of his e-commerce website, which only exists on paper and has not yet entered the substantive stage, as for those bells and whistles chasing the frontier of science and technology, he is not ready to involve, those things in his opinion, do not need to do it himself, as long as the time comes, there is what he needs, waving a check to the door, before he really achieves his purpose, it is still good to be single-minded, unless the enterprise reaches the bottleneck and needs other aspects to break this ceiling.
It is enough for the United States to have Amazon, and the consumption potential of China, a market with a population of more than one billion, is enough to accommodate the existence of three or four Amazons, which has been proven in later generations, although many companies have been acquired by giants before they can show their prowess, which is a non-war crime.
George clearly knows that as an outsider, he wants to gain a foothold in this market, not to be kicked out by unwarranted reputation, and can only find strong partners, Bank of China is one of the companies he selected, which is why he wants to find cooperation with each other in some investment industries, and profit sharing is a matter of no way.
Earn other people's money at the door of other people's homes, you must understand the unspoken rules, which is a kind of unspoken rules that are common all over the world, is an iron law, Japanese cars were famous in the world for their lightweight, fuel-efficient speed, etc., occupying a large market share, but in the end because of the joint suppression of some forces, had to make concessions, in the United States in Europe and other places in China and other places have started joint ventures, not that it does not want to eat alone, but others do not let it eat.
Why Google withdrew from China, not only because of policy issues, but also because there are more games in it, but Google has always believed in the United States, and did not adapt to different environments and different rules.
George scoffed at Google's naïve approach, and really didn't understand what Schmidt and Palin were thinking at the time, and wasn't a huge market worth paying for something?