Media Tycoon since 1999

Chapter 348 51 Fund Network

Gao Yang invited Wan Hong to dinner alone at noon. After returning home, Wu Lan complained:
"You're too busy, you won't be free on weekends..."

Gao Yang said: "Mom, there are some important work communication arrangements in the company recently, and I should be able to finish my work before the National Day holiday."

Gao Yang didn't have any objection to Wu Lan's complaints, and Wu Lan's temperament was quite straightforward.

Gao Yang also understood Wu Lan's meaning. Gu Yawen's belly is getting bigger day by day, and she is pregnant with twins again. I hope he can spend more time with her.

After Gu Yawen was pregnant for 4 months, Gao Yang would have sex with her once or twice a week, and try to spend time with her as much as possible.

The next day was Sunday, which was also the Mid-Autumn Festival. Gao Yang put aside all his thoughts on work and concentrated on staying at home, spending the holiday with his family.

He also called his parents and sister Gao Yue who were far away in Jinyang.

During the Mid-Autumn Festival, Gao Yang's parents and Gao Yue's family celebrated the festival together at Wu's house.

A large family on both sides gathered together through 51talk video chat, lined up to say hello, and chatted a few words one by one.

Mr. Wu and Mrs. Wu were most concerned about Gu Yawen's pregnancy, and finally agreed to return to Jinyang for the National Day holiday.

On September 9, after the Shanghai stock index opened to a high of 20 points, there were big funds smashing the market.

That morning, Gao Yang and Wu Ruohan reduced their position to 5% and released 3.1 million funds, after that, they didn't care about it anymore.

On September 9 and September 21, the stock index fell sharply for two consecutive days, with the lowest point falling below 9 points. Wu Ruohan, who was working at home, was overjoyed and arrogantly called Gao Yang.

Gao Yang naturally praised a few words to make her happy.

On September 9, Wan Hong and Fang Siwen completed the handover. On September 23, the two exchanged positions and began to assume new posts.

On September 9, Fang Siwen's third day as the CEO of 28 Fortune, the stock index fell to 51 points.

On this day, Gao Yang held an enlarged meeting of the board of directors of the 51 Group, Fang Siwen, Yuan Ye, and the backbone of the technical committee attended.

In this meeting, two things Gao Yang proposed were discussed: preparing to invest in 51 Fund Network, and 51 Financial Technology Information Service Co., Ltd. to do online payment business.

51 Fund Network is invested by 51 Fortune, and 51 Financial Services is invested by 51 Group. It is an online payment tool similar to Ali Zhifubao, which is tentatively named 51 Payment.

Gao Yang has been thinking about these two projects for several months, and now that Fang Siwen is in place, he will naturally bring them up for discussion immediately.

Gao Yang had already arranged for Shao Hanyun to collect relevant industry background information as the basis for discussion in today's meeting.

At 9:[-] in the morning, the meeting started. Gao Yang asked Shao Hanyun to give a PPT presentation for everyone.

"Leaders, as early as the beginning of August, President Gao arranged for the President's Office to collect and organize fund information service websites, as well as industry information related to online payment.

Let me first report the situation of fund websites. At present, there are relatively few such websites. The representative ones are the three websites such as Fortune Fund, which mainly provide professional and comprehensive fund issuance, transaction and other information.

However, fund websites have not been established for a long time. The first fund website was Fortune Fund.com, which was launched in April 2004. Because the A-share market is in a bear market cycle, the website traffic is average...

Besides, online payment is mainly Ali’s Zhifubao.

On October 2003, 10, Taobao launched the Zhifubao service for the first time. In 18, Zhifubao was split from Taobao. In early December 2004, Zhifubao Network Technology Co., Ltd. was established.

Then, at the beginning of February this year, Zhifubao publicly proposed full compensation for promotion, and the promise of "if you dare to use, I dare to accompany".

There is no public data on the current transaction scale of Zhifubao, but it is undoubtedly still in the initial stage of development.

In addition, for this third-party online payment, there is no relevant regulatory policy, nor is it explicitly prohibited.

There is another online payment company, which is Jingdong Multimedia, which we have already invested in. Jingdong launched [Online Banking Payment] in 2003, but its influence is not great.

In terms of online payment, there is another latest information, that is, Goose Factory just launched a website called Fortune Tong in mid-September this year, and according to the public information on the website, Goose Factory also plans to do online payment..."

After Shao Hanyun finished his introduction, Gao Yang asked others to share their views first.

All of a sudden, there was a lot of talk and different opinions.

Fang Jiandao: "With the current foundation of popularity on 51 Fortune.com, it is logical to build a fund information service website.

Just doing online payment, like what Yunyun just said, there is no current policy prohibition, nor is there any encouragement and support. I feel that the risk is relatively high. "

Fang Jian's thinking is more rational, and he also seeks stability in his work. This view represents many people.

Fang Siwen said: "I am still a newcomer in the 51 Group, so I will talk about an angle for everyone to think about.

In October 2003, Ali announced the launch of Zhifubao, which attracted more attention from the media.

Last year, I heard from friends in the media that this matter was quite controversial within Ali at the time. At that time, Boss Ma was also quite tough, saying that if the company went bankrupt due to the policy, he would pay compensation to shareholders out of his own pocket.

Later, Zhifubao was spun off from Taobao.com to operate independently. It should have two purposes. One is that independent operations can develop better, and the other is that if it is banned by policies in the future, the impact on Taobao. So a firewall was built. "

After everyone discussed for a while, Zhou Wenbin, Gao Yang's diehard fan, said:

"Let me tell you, all of the projects Mr. Gao has proposed in the past few years have failed? On the contrary, they have all developed very well. Let's all have a little confidence, okay?"

Jin Yang smiled and said: "Mr. Gao, every time you launched a new project before, you would first explain the business logic of Chu clearly. This time it's the other way around. Let us express our opinions first. I don't think you should hide it. Tell me in detail. Bar."

Gao Yang nodded and smiled: "Let everyone talk about it today, and then I will talk about the business logic, in order to quickly unify the thinking and work together to promote these two projects.

It is only natural for 51 Fortune to build a fund information service website, as Lao Fang just said.

My suggestion is that 51 Fund.com still adopts the model of 51 Fortune.com, with SNS platform as the core, industry information website plus SNS investment and wealth management community.

In the past few years, the A-share market has suffered greatly, and financial websites generally have insufficient investment. We have done the opposite. As soon as 51 Fortune launched, we will hold high and fight high, and at the same time directly adopt the SNS structure that is more in line with the needs of the times.

After the 51 Fund website goes online and has a certain traffic base, we can start accepting advertisements.

If there is another round of bull market cooperation, 51 Fortune can also sell professional-level market software, stock trading software, develop or act as an agent for data service products, etc.

In this way, 51 Fortune will be able to generate cash flow very quickly..."

Gao Yang explained this idea clearly, and then asked everyone to continue the discussion, and they all agreed.

As the new CEO of 51 Fortune, Fang Siwen said: "Before, on behalf of Yiwang, as a non-executive director of 51 Fortune, I also communicated with Mr. Wan and Mr. Yuan a lot.

51 Fortune started investing against the industry cycle, has sufficient capital, and adopted a more advanced technical framework such as SNS. When the A-share market index fell below 1000 points and became hot news, it went online for public beta and achieved rapid development. Effect.

In addition, 51 Fortune also has the drainage of various Internet platforms of the entire 51 Group. After it went online, Mr. Gao arranged for the reform of shareholding structure and organized relevant industry professionals and media reporters to write a series of articles, and the popularity immediately rose.

Now, Mr. Gao proposed the 51 Wealth Reinvestment Fund information service website and the SNS community of Jimin. I deeply agree and have great confidence.

If there is another round of bull market cooperation, there are many ways to realize the flow of 51 wealth..."

(End of this chapter)