Before the Charlie Rose talk show was aired, for the vast majority of Amerikens, they had used Newman's products, but they didn't know that they were related to Newman.

For Internet practitioners in Silicon Valley who have not dealt with Zhou Xin, Zhou Xin only has a vague image of a genius, and the target he used to belittle them when he was scolded by his top boss.

"Newman can think of it, why can't you think of it?"

Roughly like this, especially in the group of product managers, Zhou Xin has attracted too much hatred.

In the words of a well-known Silicon Valley CEO, he would rather spend 100 product managers for Newman than a hundred mediocre product managers.

Of course, under the influence of Zhou Xin, the treatment of product managers has improved a lot, and everyone realizes that a good product manager can bring huge value to the enterprise.

It's just that the definition of a good product manager is hard to measure.

"When you use Newman as a yardstick, all product managers become insignificant." These are the words of Microsoft's executive in charge of MSN during an internal meeting.

After Charlie Ross broadcast this episode of the talk show, Zhou Xin's image in Ameriken is fuller, no longer an ethereal image of an entrepreneur, especially the tragic childhood experience makes people have a sense of identity.

"This guy grew up as an ordinary person, just like us."

Quora's discussion about this episode was divided into TV shows, and Charlie Ross was invited to join Quora by Zhou Xin as a well-known host after the show.

After he joined Quora, a large number of users invited him to answer this question himself.

"How can I see Newman's performance on the Charlie Ross talk show?"

Charlie Ross himself replied as follows:

"Thank you all for the warm invitation to share my thoughts as the mascot of this show.

Most talk shows will have a script, and the host and guests will perform according to the script, and some scripts will even tell the host that after the guest answers the question, you should show surprise, or you should show fear or other notes.

You can think of it as a fact-based script.

But on the Charlie Ross talk show, we're just going to have a rough framework and tell the guests that our interview questions will be within that framework.

Since there is no script and no rehearsal in advance, sometimes the guests' answers will lead me to ask questions outside of the framework.

There were a lot of questions that I wanted to ask in this interview with Newman that were out of the frame and I wanted to ask, and Newman was both sincere and alert. He was the most responsive of the guests I interviewed, and he had his own thoughts on many issues.

All I can say is that he deserves to be the best Internet product manager, and this title is well deserved. ”

While the Charlie Ross talk show sparked heated discussions, Quora relied on its unique paid Q&A feature to beat the online community.

The Quora craze has even affected traffic to Riot's community, which has been interrupted for the first time since its launch, with the month-over-month increase in user visits.

Quora made its debut among the top three most visited websites in the U.S. in early June.

At the same time, it is filled with top talent from various countries.

Quora has no restrictions on registered users, and has the largest number of users in the Europa region except for those in America.

Users from these other countries will likewise take the exam, competing alongside users from Ameriken.

So much so that Americacan users said that they would ban users from other countries from participating in the user registration exam.

There are a large number of users around the world who have to take the threshold test despite the time difference, which is also nicknamed the Quora entrance exam.

Taking Zhou Xin's alma mater, Yanda, as an example, if anyone passes the Quora entrance exam and gets a gold badge, they can show off on Weiminghu BBS.

However, users in other regions cannot use NewPay, and other countries have not yet opened up regulatory restrictions on electronic payments.

In particular, it was not until 2005 that China opened restrictions on electronic payments and allowed private capital to enter the field.

As a result, the paid Q&A feature is an exclusive perk for Americon users.

Users in other regions can't even use this feature.

"One of the most common questions we've had from our agents lately is that they also want to use Quora's paid Q&A feature, and is there any way we can meet their needs."

This question was asked by Peter Thiel, as Quora's paid Q&A feature only opens up one payment option, and that's NewPay.

Users ask Quora's service staff, and they will push the issue to NewPay.

Peter Thiel said: "There is a lot of ambiguity about electronic payments in the Europa region, and indeed in most parts of the world, but I want to meet the needs of users.

And I think the opening of electronic payment is also a matter of time for other countries, can we take some way to allow users to enjoy NewPay's services in advance.

At the same time, it is also for us to train users around the world? ”

Peter Thiel got up and wrote with marker on the whiteboard in the back: "Virtual account." ”

"We can give users in other countries the ability to sign up for a NewPay account, for whom it is nothing more than the inability to link a bank card.

But we can give him a virtual account.

For a user on Quora, after they are asked, the money is transferred to their virtual account, and he cannot withdraw or top up.

However, he can use the money on the virtual account to complete the payment action.

For example, he can use the money to buy Riot Games products, ask other user questions, and even buy items on Amazon to give to his friends at Ameriken. ”

Amazon has not yet begun to expand its cross-border business at this time.

That is to say, for users in other regions, NewPay accounts are no different from Ameriken users except for the inability to recharge and withdraw.

As for top-ups, they can also take some marginal methods, such as transferring money to the Ameriliken user through a bank card, and then the Ameriliken user transfers money to his NewPay account.

We can't do this, but regular users can do it.

In this way, we bypassed the regulation, and also cultivated customers for us in advance, greatly expanding NewPay's influence territory. ”

The concept of a virtual account was an absolute genius idea in 1999, perfectly circumventing regulation.

Zhou Xin thought to himself, no wonder PayPal can achieve the final success, Peter Thiel this guy is also keen, in the product can find ways to meet the needs of users to circumvent supervision.

Sometimes Internet companies that are too conformist will be eliminated, and Baidu's conformance in many areas has proved this in the future.

Zhou Xin nodded: "Very good idea, I don't think there is a problem."

But the only risk lies in how to avoid fraud.

Because all of our users are currently bound to bank cards, and bank cards need their real information, so every transaction has a trace.

Once the registration of the virtual account is opened, the mailbox can directly register the NewPay account, and the NewPay account can complete the transfer.

At present, the registration of the entire mailbox is completely unrestrictive, and we cannot supervise the transfer of virtual accounts.

In the event of fraud, we are unable to cooperate with regulators in pursuing it.

Small-scale fraud supervision will not intervene, but NewPay's size determines that once a similar incident occurs, it will definitely not be a small-scale behavior.

So I would like to make a few requests that overseas users must register with their mobile phone numbers when registering, and Riot Games has talked about it with telecom operators in major countries.

Just go ahead and talk.

Overseas users can only register through their mobile phone number, and secondly, when initiating a transfer to an overseas account, they need to confirm it twice and warn the user at the same time.

We need to do what we can get right.

And by the way, I would like to emphasize one point here, that is, NewPay needs to benchmark banks in terms of risk control and user management, rather than Internet companies. ”

While NewPay is carrying out a new round of exploration in the field of product innovation, the negotiations with EBay are also nearing the end.

The main obstacle to NewPay's integration with EBay comes from EBay's in-house head in charge of Billpoint, who believes that EBay should only use its own payment software instead of using NewPay.

The field of electronic payments is an area with high potential, and the adoption of NewPay will make it impossible for Billpoint to turn around.

In terms of the number of users, user quality, user activity, etc., NewPay is an all-round crushing of Billpoint, if EBay does not let Billpoint monopolize, then Billpoint's acquisition will be in vain.

"I want to ask you how long it will take for Billpoint to go live? How long do our users still have to endure traditional check money order payments? ”

"It will take half a year at the earliest, and we are already working on it, and if we double the number of developers, it can be shortened, but it will take until October at the earliest.

Because electronic payment involves information security and capital security, we need to test it adequately. ”

Originally, eBay didn't officially launch Billpoint until March 2000 after acquiring Billpoint.

EBay is struggling internally with whether to wait for Billpoint or use NewPay directly.

NewPay's valuation has doubled, and now it is valued at $2 billion, and if you can cultivate a payment software, even if it is not as good as NewPay, the valuation must be half that of NewPay, $1 billion.

Isn't it nice to raise Billpoint yourself? This is the view of the Billpoint supporters.

The other group believes that the introduction of NewPay will not affect their cultivation of Billpoint. When Billpoint was not yet launched, NewPay was used first, and then the two were paralleled after Billpoint was launched, and after users gradually got used to Billpoint, NewPay was eliminated at one time.

So that there is no delay on either side.

At this time, Amazon and some e-shopping platforms have been connected to NewPay, and after these e-shopping platforms are connected to NewPay, sellers and buyers have expressed their true fragrance.

Compared with traditional payment methods, electronic payment is much more convenient.

EBay's users don't just use EBay, they also use other e-shopping platforms, and comparisons are harmful.

A number of EBay users have said that if they don't have NewPay, they won't use EBay anymore.

Today's first chapter

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