Top of the big era

The current CEO of PayPal is David Marcus. He is very young and was originally an entrepreneur. The company he founded was acquired by PayPal in 2009, and then he became the vice president of PayPal and won the top management of eBay. of appreciation.

When Thompson left PayPal and went to Yahoo, he became PayPal's CEO.

Over the past year or so, his performance has been very good.

However, it has encountered some trouble recently.

eBay and PayPal are splitting up.

And Marcus is a typical eBay person who is not trusted by the new board of directors... In fact, there are two people, Zhou Buqi and Carl Icahn.

To be more precise, it was a person—Zhou Buqi.

This naturally makes Marcus worried.

Fortunately, this kind of thing is a secret within the board of directors and will not be spread outside. The outside media is not aware of these things yet. However, some financial media have reported on PayPal's spin-off and listing, as well as some disclosures such as PayPal's board of directors reorganization. A certain amount of analysis has been conducted on the public information.

Zuckerberg is also very concerned about these things.

The product that he attaches most importance to now is Facebook Messenger, and among the Facebook Messenger products, what he is most concerned about is actually the newly developed mobile payment business.

In order to promote this business, he had already formulated a series of promotion plans, including cooperating with the French operator Orange, and various agreements were reached.

As a result, at the last moment, Ziweixing International jumped out and snatched it away.

Zuckerberg was furious.

I felt that what Zhou Buqi did was very unethical and contrary to business ethics. Facebook had finally done all the preliminary work, and finally signed the contract... Zhou Buqi jumped out.

So annoying!

Meanwhile, PayPal is in big trouble.

In the online payment market, PayPal's market share exceeds 60%. If only the North American market is included, this share is even close to 80%. If Facebook Messenger wants to do mobile payment business in the future, it will inevitably face two strong competitors, one is Helo payment and the other is PayPal.

Now comes the crisis.

PayPal has reorganized its board of directors, and the news has been released. Zhou Buqi is likely to become the first chairman of the board of directors after PayPal is spun off!

This is terrible!

Doesn’t this mean that under Zhou Buqi’s operation, Helo Payment will join forces with PayPal next?

How can Facebook Messenger’s payment business survive?

This bad thing happened one after another.

what to do?

He discussed the matter with deputy Sheryl Sandberg.

This Sheryl Sandberg is extraordinary. She graduated from Harvard and joined the Treasury Department of the Clinton administration in her twenties, equivalent to a department-level official.

Later, I felt that being an official was too shabby and boring, so I gave up politics and went into business, and joined Google as a vice president.

Later, he jumped ship and joined Facebook as chief operating officer, second in command after Zuckerberg.

She is a role model for women in the workplace.

Shirley said: "Behind Facebook Messenger is the powerful resources of Facebook to promote it, as well as business guidance on the PC side. However, the competitor Helo has no accumulation. It is a product that was actually built from scratch through the mobile Internet. From now on Judging from the situation, Helo is far stronger than Facebook Messenger, and even has an impact on Facebook, which is the main business.”

Although Zuckerberg was very angry, he could not lie about his admiration for Zhou Buqi. He sighed and said: "Zhou Buqi is the person who knows the Internet best in the world. When the mobile Internet first appeared, he seemed to have foreseen it. What the future will look like.”

Shirley nodded, "Indeed, Helo's growth and development are astonishing. Every step he takes is very determined, and he moves forward without any hesitation. This is completely different from most product concepts."

Most product development, promotion, and operations are groping forward.

This is a project full of uncertainties.

But Helo is different.

Without groping at all, I just rushed forward.

This type of product concept does not exist, but it must be a deterministic project. For example, if Twitter is very good, if you imitate Twitter and develop a highly similar product, you will have certainty and you can attack quickly, eliminating a lot of fumbling stages.

However, in the early days of mobile Internet, all projects were full of uncertainties.

Helo's firm pace, rapid development, and deterministic drive and fighting spirit really shocked every competitor.

Zuckerberg said with conviction: "In terms of decisive decision-making and resolute execution, Facebook Messenger is indeed much worse."

Shirley said: "Do you want to change someone?"

"Um?"

Zuckerberg was slightly startled.

Sheryl Sandberg said: "The next two most important businesses of Facebook Messenger are the OTT phone service and the payment business. In comparison, the payment business will be more complex and competition will be more intense. The current project leader, Scutt, lacks relevant experience in the field of online payments."

Zuckerberg nodded.

He has long been dissatisfied with Scat.

Shirley said: "Let's replace him. We are very grateful to Scott for his contribution to the company over the past few years, but a lot of his understanding of the Internet is still in the PC era."

"Who should I replace?"

"How about Marcus? David Marcus."

"who?"

Zuckerberg raised his eyebrows and thought the name sounded familiar.

Shirley smiled and said: "He is the current CEO of PayPal."

Zuckerberg suddenly remembered, "It's him!"

Shirley continued: "Now PayPal has undergone some adjustments to its shareholding structure and organizational structure. They are going to split off from eBay and be listed separately, and they have recently reorganized their board of directors. It is said that Zhou Buqi will become the chairman of PayPal's board of directors. , This will have a fatal impact on our payment business. I have consulted with legal counsel and it is difficult for us to sue them for monopoly at the legal level, so we can only adopt some other strategies."

Zuckerberg took a deep breath and said, "Get David Marcus!"

Shirley smiled and said: "Yes, I think this is the best solution. Marcus has rich experience in the field of online payment, and also has unique insights and knowledge in the field of mobile Internet. He has entrepreneurial experience, and under his leadership, PayPal He has also achieved further breakthroughs in performance. I think he can become Facebook's senior vice president and be in charge of our Facebook Messenger."

"Okay! This is a good idea!"

Zuckerberg suddenly had the feeling of clearing the clouds and seeing the sun.

It feels like all the difficulties have been solved under this plan.

Shirley further said: "PayPal was spun off and listed and the board of directors was reorganized. What they need most is stability. If we can work hard to recruit Marcus at this time... this will have a double effect. Both You can find a good person in charge of Facebook Messenger, weaken your competitors, and even cause turmoil in PayPal’s management!”

Weaken your opponent and achieve your own success!

Especially one important point.

It is this kind of behind-the-scenes action that can cause Zhou Buqi, the new chairman of the board of directors, a big management dilemma... As soon as he took office as chairman, the CEO left. What did the outside world think?

Could it be that you, the richest man in the world, are not charming enough?

This is indeed a bit unethical.

Too shameful.

But it doesn't matter, what Zuckerberg lacks now is this kind of means.

He needs revenge!

Go poach PayPal CEO David Marcus, and then create turmoil for PayPal. This can be regarded as a fierce counterattack against Ziweixing who swooped in and snatched away the French operator Orange!