Chapter 32: PayPal

"George, that's just a flash in the pan, a castle in the sky, Bezos's idea is good, have you ever thought about how many people are needed to use this? Tens of thousands, hundreds of thousands, if he really goes to the world, it will take more, and the plan he published seems to me to just drag some insatiable people into the abyss. ”

In James's opinion, George has become crazy now, and he has some regrets at the moment, when London crashed today, he did not withdraw the funds in time, but after some operation, he earned George an extra three billion pounds.

This is a number that can make anyone crazy, and it is not impossible for George to go crazy now, but George is his friend of James, and he can't watch him go to the abyss.

In his opinion, George at this time was undoubtedly very dangerous, and made some judgments without any thought under the impact of huge funds.

Although the asset-heavy Amazon is now running around the possibility of wireless success, because his difference from the eBay model makes it easier for him to raise scarce funds in the hands of banks and investors to tide over any difficulties, but for George it is just a drink to quench his thirst, not a problem to solve.

Once someone has bad intentions, then Amazon will immediately be severely hit, and such a model has no ability to resist risks at all.

eBay's asset-light operation model is the most suitable for what George is doing now, but George completely abandoned the eBay model overnight, and as a friend and partner, he can't see George jump into the pit.

"Well, George, you do something for me, and if it succeeds, we'll run it in eBay first, what do you think?"

Seeing James, who rarely insisted on it once, George pondered for a long time, remembering that an e-commerce company that rose in Southeast Asia in the later generations took the improved version of the eBay model, that is, the Alibaba model, and then after success, when the competitor began to exert force, he suddenly turned to the Amazon model, and after the opponent was caught off guard, the distance between the two was reopened.

Since there is a precedent, it is not impossible for George to take a step back when facing a tough James, after all, he still has a lot of time.

As long as you see the possibility of success, you will increase investment in other areas and slowly make progress, and you will subtly believe that James will not object at that time.

For George, this is his real career, and it is impossible for him to give up a model worth hundreds of billions that all capital in later generations will chase to make a model with a difference of more than ten tens of billions of benefits before and after.

The benefits between the two are immeasurable, and for James's insistence, he made such a compromise plan, first operating in the eBay model, expanding the market, and then gradually increasing the proportion of heavy assets in it.

He couldn't let James' good intentions go down the drain, after all, James was purely for his good.

"Well, as long as you don't step into this bottomless pit, I can do it for you as much as I can, but if you want to embarrass me with this, I'll have to go to Auntie. ”

James stared at George's face and looked carefully, as if he wanted to see what he really thought at this time, but the smile on George's face did not change, and after thinking about it, he threatened George, he knew that George was very respectful to his mother, as long as he moved out of Jory, then George would quickly compromise.

"You win, James, I'm not going to let you do something very difficult, I just need you to contact Elon Musk to see if he has any plans to sell PayPal, and if he has this idea, I hope to take PayPal over in his hands." ”

"PayPal's third-party network payment that connects banks and accounts?"

"Yes, it's third-party payments, which are very important to our new company and the most important part of our future. ”

George ignored James's doubts, but said solemnly to him.

There are a lot of things that he can't do now, and there must be a lot of people staring at him, and he can't reveal his intentions.

Sometimes the opponent is very smart, they can guess your next move at a little bit of your move or a few unintentional drops, so as to constantly set up obstacles for you, many times the internal reason for the bankruptcy of a company is on the one hand, and the external enemy uses stronger relationships or insidious tricks that cannot be ignored.

He may be free to walk around the United States, but that is on the assumption that he does not pose any threat, and that everything becomes unpredictable when any of the heirs who are in front of him find out that he is a great threat to their position.

As a descendant, George knew that he had to formalize every one of his opponents, and he couldn't ignore him because of his weakness, and many things caused a collapse in an inconspicuous place.

Buried in development, when you are strong to a certain extent, your opponent will be far behind, chasing is not good when everything will be invisibly resolved, of course, when you meet a more powerful opponent, in addition, business war and no offline Yin tricks He likes business war more, although there are more times when business war is also bottomless.

"What's the use of him to you, isn't it a means of connecting small and medium-sized businesses to make it easier for them to pay?"

James wondered why George had set his sights on PayPal, a convenient payment program that targets small and medium-sized businesses, and how useful it was for them to spend a lot of time on their convenient payment procedures of constantly moving between banks to make various amounts of reconciliation and transfers.

After all, in the United States, where the banking industry is the mainstay, it is very rare for a third party to want to develop, and many of the things that South African-American Elon Musk has done are things that make people laugh at it, and in his opinion, building rockets and studying space are all empty talk, and the US Space Agency is powerless in many places, let alone individuals.

What good can such a madman make.

"What is the original intention of James PayPal? It is a combination of credit and debit card payment, helping small and medium-sized enterprises to solve various payment difficulties, especially in cross-border transactions, its instant payment, instant arrival service has attracted him a lot of customers.

More importantly, he also opened up a service that made the other party more satisfied, tracking orders and monitoring the quality for them, which is a point that he will definitely succeed.

I don't know if you've read the data they have published, and now there are a lot of individuals who are starting to try this aspect of the business, and when they are busy and don't have time to deal with some things, they can find an agent or someone else to do it for themselves, and then receive the certificate and then transfer the fee to the other party or pay the other party directly, how convenient it is.

What do you think would happen if we started a personal business on it and then added something to it?

With the development of science and technology and the popularization of computers, personal transfers only need to enter the amount on the computer page, and then press the enter key to complete a thing that may need to be wasted in the bank for dozens of minutes or even hours to complete in the bank, which will save many people unnecessary wasted time.

Can you tell me what choices you would make when faced with quick payouts?

Can you imagine what kind of chemical reaction will occur if you join us in overseas shopping?

The personal business is not very obvious now, but he has begun to make a name for himself among small and medium-sized enterprises, eBay also has a wholesale business, and as the transaction between the two sides becomes more and more of the proportion of PayPal, what do you say they will do?"

Looking at James, who had a somewhat moved face, George chose to stop talking about it, these were enough to move James, and he believed that James would be very happy to do it.

"What's the price?"

Sure enough, James didn't continue to ask, now George explained that this was enough to shock him, as a business school leader, it was enough for him to automatically make up a lot of things in a very short period of time.

"Let's start with 300 million US dollars, I believe that after a period of time they will find that there is greater value in it, rather than making them unhappy, it is better for us to leave a very good impression on them, Elon Musk will sometimes do something that makes people shine, I believe that with this friendly cooperation, future cooperation will be simpler.

The online does not exceed 800 million US dollars, and the rest you talk to him, if the asking price exceeds this number, tell me in time, we are negotiating between the two sides, in this matter I mean to cut through the mess quickly, spend more money, spend more, after all, this is a very good platform, we have to take it down before ebay reacts.

Otherwise, when eBay finds out what he's useful and snipes at us, then price won't necessarily be the only deciding factor. ”

"I know what to do, and I think Attorney Alston will be more than happy to take on this case. ”

James thought of their senior brother who was not offline, and laughed proudly, his senior brother is definitely a master of such an acquisition, I believe that as long as it is handed over to him, everything will become very simple, of course, money is also the most important component.

He doesn't believe Elon Musk will be unmoved in the face of such a huge interest.

"If Elon Musk doesn't agree, then try to take a stake, occupy a controlling stake, tell him that we will not interfere in the operation of the company, and believe that he will agree, this is a concession that is made when there is no way"

Although he has not met Elon Musk, he knows that he has now registered a space exploration company and is preparing for the development and launch of a second-hand rocket, which is a very money-consuming project.

Paranoid people can abandon everything in the face of their favorite projects, just like he didn't think about giving up when he ran out of money on space exploration and was about to go bankrupt.

The same thing happened to Tesla, another company he founded, and the paranoia that helped him succeed also left him with hidden dangers, because of his persistence, George did not hear about his turnaround by the turn of the century.