Chapter 119: The Hidden Dangers of Worry-Free Payment and the Decisive Match Point

Roy and Noah looked at each other and smiled, the number of users of worry-free payment has increased exponentially recently, no one expected that this company would come from behind so quickly, and it has the tendency to dominate the world.

It seems that worry-free payment is about to move to the next stage, just wait for time to pass, and a glorious tomorrow will come.

However, the truth is much more complicated than meets the eye.

Roy said: "Ulysses, this 'growth hacking' method, for the time being, what you need to know is that our company still has a backhand, which can make PayPal and Dudu into melon skins." ”

"Haha, so I'm more confident, three days later, Series A financing, stay tuned for my performance. ”

"Well, I've read your manuscript, and it's really good. But what is the result of your investigation of the financing amount?"

Ulysses put away his cynical expression, took out a document, and after careful confirmation, said: "50 million, 20%." ”

Roy remembered that when the company was first established a few months ago, he was ashamed to tell Alyssa about this amount, but he didn't expect that after the rapid development of the business, the company's valuation could reach the original valuation. Every time I think of the previous scene, I feel a little embarrassed.

"Is your estimate conservative?"

"A little, but not too much. ”

Roy looked at Noah, wondering if he had a good idea.

Noah said: "I think it's relatively reasonable. It's good for us to have a lower valuation, and when it comes to Series B financing, the probability of accidents will be much lower, and as long as the capital chain continues, we still have opportunities. ”

Hey, Roy sighed in his heart, he didn't expect to turn around a long time and return to square one. When you see Alyssa in the future, won't you have to hide and leave?

The previous financing was almost a mess on Mars.

"Have you notified Wan Qian Capital?"

"Of course. ”

Roy asked, "Noah, you know, I had a bit of an unpleasant relationship with Alyssa before. I thought, can you give Wan Qian Capital a green light alone and give her a priority or financing quota right?"

Ulysses thought about it and shook his head, not quite approving.

Noah muttered, "If you make such a public statement, it will not be good for the company's financing reputation, and if you really want to give you remedial privileges, I suggest that you discuss it privately and not make it public." ”

Privately, you can negotiate a yarn in private. There are no good cards in the hand, and negotiations only complicate the problem.

Roy said helplessly: "I know." Ulysses, come as you planned. ”

The three of them decided again on the details of the financing, and Ulysses went out.

Only Roy and Noah were left in the room, and the festive atmosphere in the air immediately dissipated a lot.

Noah's face turned from sunny to gloomy, and he said seriously: "Including this villa, I mortgaged it and urgently injected 5 million for the company." Roy, this is my last family. If the money cannot be raised within half a month, the company's capital chain will be completely broken. ”

Roy nodded, he was also under a lot of pressure, if it weren't for the fact that today was Christmas and the whole company was on holiday, he would definitely still be working overtime in the company now. He comforted: "Don't worry, Noah, you also heard just now, with the company's current advantages, it has attracted a large number of investors, and within half a month, within a week, the cash flow problem will definitely be solved." ”

Noah sighed: "I thought that 50 million was enough to support half a year, but it's only been three months, and I've run out of food. ”

Roy encouraged: "Noah, don't be so pessimistic, it is precisely because of the rapid growth of our customers that we will burn money so much, this is a good thing, and the only chance to defeat the opponent, if this time can be successfully funded, I will definitely continue to work hard, the suppressed PayPal life can not take care of itself." ”

Noah smiled again: "You, what medicine have you taken recently, like a fighting warrior, you are a mess." I remember when I first met you, you were still shaking at the mention of PayPal. ”

"Ha, once a person has wealth, status, and power, he is afraid that he will lose them, and he is afraid to rest on his laurels. I just figured it out later, if you fail, it's a big deal to go bankrupt, at least you have Noah with me, right? ha......"

Noah was speechless for a moment, Lao Tzu didn't want to experience the feeling of bankruptcy and liquidation at all, don't say such unreliable words, okay.

Roy laughed, "Teasing you, really, look at what scares you." Now we have more than 500,000 registered users, thousands of individual users through our transfer every day, and more than 10 million funds stranded in our system, so rest assured, the capital chain cannot be broken. ”

Noah said solemnly: "This money is not a last resort, don't speculate, otherwise...... In the event of a run, the credibility we have worked so hard to build will be destroyed in one day. ”

"Rest assured, I know the seriousness of this. Don't worry too much, isn't there also an account of the balance treasure function, when the time comes to deposit money to the user higher than the bank's interest, I believe that many users are willing to keep their money with us. ”

"Has this feature been developed?"

"Right now, it's being tested, it's just a few days. Hey, if you want to say that Elon Musk is really a genius, he can even think of such a powerful practical function, and it is in vain that we have worked hard to imitate it. ”

Hearing Roy so sure that he would be able to achieve this function in a few days, Noah was really relieved, he was pulled onto the thief ship by Roy this time, it was like a roller coaster, and his heart was beating in circles, and he unconsciously even pressed his coffin, if he lost this time, he would really start all over again.

Roy raised his eyebrows slightly, his eyes were difficult to understand, he had an ominous premonition, a big event must happen in these days, otherwise once the A round of financing of worry-free payment passes, PayPal and almost no chance of turning over, the situation will snowball, tilting towards worry-free payment, until the network effect, winner takes all.

……

In another small room in the villa, Debra called Jamie aside, took out the little note that Roy had left for her, and read it.

"Jamie, you say that capitalists are mercenary, so why don't they give all their employees a minimum wage?" (Appendix 1)

Jamie blinked and asked rhetorically, "Who wrote this thing for you?" ”

Debra said proudly, "Roy. ”

"Why did he write you this?"

"I asked him, and I said, you tell me that the government is right to set the minimum wage. ”

"Huh?" Jamie was surprised, "Not really. I'm just telling you the fact that most countries have a 'minimum wage', but I don't mean that there is nothing wrong with this policy. ”

"What about you...... Why does it ...... to join what progress will be"

"Hee-hee, it's a secret. Jamie smiled mischievously and whispered to Debra.

[PS] Appendix 1: Answer the following questions for the reference of the visitor.

1. Why don't capitalists pay all employees a minimum wage?

Because an employee's salary is not determined by a single boss, but by the boss with the highest bid. So, if you only pay a little salary, you can't recruit people.

2. Why is the salary for temporary workers or interns so low?

Because these interns and temporary workers cause more trouble than they contribute, the company just provides them with the opportunity to learn.

3. If the government sets a minimum wage, but the value created by a worker is lower than the minimum wage, what will happen to the worker?

The answer is: never find a job, forever lose the objective conditions for self-reliance.

4. The minimum wage standard protects the disadvantaged, but the French minimum wage standard does not protect the disabled, why?

Because the government also knows that if there is a minimum wage, these vulnerable groups will never want to find a job.

5. So why is there a "minimum wage standard"?

Because this is the good wish of the people, politicians will cater to the masses for their own political interests.