Rebirth: From Cottage To Big Money

Chapter 102

“Necessary supervision is still necessary!”

Mr. Ren was originally a business man, and he was not very familiar with finance, but he knew a truth: “Excessive indulgence will only lead to annihilation. Perhaps Internet finance companies themselves can have many ways to avoid risks. But the question is, can the user avoid the risk? If something goes wrong, it is not the user in the end to bear it?”

“This…” Lao Ma was speechless, and didn’t know how to refute it for a while.

“Seriously!”

An Ran feels that it is necessary to talk about this matter well. I can only say that the problems involved are not small. Combining the eyes of the two generations, I have some experience: “Our domestic mobile payment, your two are stronger and bigger. The reason why you are able to do this today, will occupy more market share in the future, you have credit in this area, this is an undeniable thing, after all, popularize mobile payment, enter the cashless era, and give people Life brings great convenience and change.”

“But… if you don’t have the support from above, you probably won’t be able to achieve this point. Just because of the inclination of some policies and the green light of some approval procedures, if you don’t have these prerequisites, you can achieve where you are today? Impossible things, but these need to go through the relevant departments. It can be said that the relevant regulatory departments have opened the door to you.”

“Lao Ma… we really can’t scold the cooks with our food. We will always be just an entrepreneur. Our country and national conditions are different. If you want to be completely open, that is impossible, because of the national conditions. It’s not allowed, and conditions don’t allow it. Accepting the necessary supervision and preventing the company from swelling is not necessarily a bad thing.”

“Did you know? Just a few days ago, Xu Jiawei of Longyue Venture Capital mentioned to me whether it is a mobile payment project and the goal is your company. And what is the answer I gave? No.”

“It’s not that I’m not optimistic about your company, and it’s not that I’m not optimistic about mobile payments. I support mobile payments because mobile payments have brought us solid conveniences~”. ”

“I’m not optimistic, but it is Internet finance. This expansion is too fast, and you have firmly tied mobile payment and Internet finance together. Now it has grown to a very fast level. What about the future? Absolutely? It will be bigger and swell faster.”

“Don’t say anything else, it’s just the wealth management products that you are launching now. I don’t know how you actually work, but the interest rate you gave is so high that it’s a bit scary. It may be your own fund company investing. The return is fast, but the interest rate is a bit scary. For modern young people, if they have money on hand, they will never deposit the money in the bank as before.”

“Because the interest rate in the bank is too low, this is probably one of the subversions you are talking about.”

“I have no way to elaborate on this issue, but one thing I can be sure of is that if this trend continues, your two companies will become a behemoth, and what will be the consequence is that the deposits in the bank will be sharp. If you think about it carefully, you will know what consequences will be brought about by the reduction in this period.”

“It’s the loan business, which will slowly transfer to your side, but the question is, is this OK? You are a private company, and under the lack of supervision, the unstable factors can be great. At least you don’t have a bank. With the powerful risk control capabilities of the system, what’s more important is that your lending business advocates unsecured collateral, which is all based on credit.”

“Aren’t you afraid of a lot of bad debts? Once the bad debts accumulate to a certain level, the risk factor can be infinitely magnified. In this case, you will definitely make some transfers to control and avoid risks. Is it something that any company will do, in the end? In the end, the bank will take the risk for you, and the user will take the risk. You have nothing to do.”

“Besides, if the fixed financial interest rate is so high, the state-owned bank deposits will not be as much as yours by that time, so what else does the bank do? It is a state-owned bank, when it loses an important role. , How many problems it brings, and how big risks it brings, I think you will know if you think about it carefully.”

“The other thing is Lao Ma, your company, let alone you don’t know how it works in lending, it is completely snowball-like explosive growth. Is this kind of operation really healthy? It can bring great convenience to users, but also indirectly transfer risks to users. You will eat the piece with the least risk and the highest profit.”

“This is a very unfair thing!”

“In addition, I can’t think of three years, there will be a situation, that is young people, excessive consumption, this is definitely my least optimistic about Internet finance, no mortgage, only rely on credit for loans In the end, the bad debts generated will definitely be more serious than imagined. If one does not overconsume, the young generation will be ruined.”

“. ¨ It may be said that this is the user’s choice, but you are definitely one of the accomplices. I can’t say whether you are right or wrong, but this is not a good phenomenon. I am afraid that there will be a strange situation at that time. It means that many young people are well dressed. In fact, they owe you a lot of money. There is also the issue of interest rates. Let alone low interest rates, they are higher than credit card interest rates.”

“Based on these, I am not optimistic at all. Of course, it is not that I am not optimistic about Internet finance, but that I am not optimistic about the way you operate.

An Ran said a lot in one breath, and some secrets were also revealed, but these secrets are only unknown to ordinary people. To the old Ma and Xiao Ma, they are clear.

Especially Lao Ma, it is clear (Zhao Zhao) that he is the actual controller of the company.

It is Brother Xiao Ma. How his company works is not disclosed by the outside world, but the method is believed to be similar. The only difference may be that the Penguin Group has strong capital. There is no excessively serious operation test, which is not so. Radical, so the risk is lower and the controllable range is larger.

Looking at the future!

Ma will be very aggressive and violent!

To be honest, it is not unrelated to his personal interests, because it really involves his personal interests, and it is not a small amount, otherwise he, who has retired, will not stand up and openly criticize him.

This is human nature, but it is unforgivable.

Just because it stands on the righteousness, it is wrong.

Of course, it is not because of this that the personal contribution that he has brought to the country can be erased and there is still credit.

……sweat.