Top of the big era

PayPal's listing has been successful, and it can finally come to an end.

Boss Ma plans to return to China.

I heard that after Yu’e Bao was launched in China, the response was enthusiastic. Some people participated enthusiastically, while others raised doubts.

Bank interest rates are so low, why can your interest rates be so high?

Is there some capital conspiracy?

Before leaving, Boss Ma specially invited Zhou Buqi to the airport and told him seriously about the seriousness of making Internet financial products.

Obviously, he has felt the pressure after the launch of Yu'e Bao.

He hurriedly returned to China to deal with a series of aftermath problems.

There is a lot of pressure on all sides.

Maybe Yu’e Bao will be banned.

Zhou Buqi glanced at the Gulfstream G550 marked with "Alibaba" parked on the runway of this private airport in Manhattan, and said with a smile: "What's there to say? I've warned you before. . Come to me, you’re just here to show off your plane!”

"What's the matter?"

Boss Ma laughed.

Boss Zhou has already bought several airplanes, and Boss Ma certainly can’t sit still. Logically speaking, you should wait for Alibaba to go public before buying it, so that you can have more funds.

But Boss Ma couldn't wait any longer. He placed an order the year before last and the goods arrived this year for decoration. In March this year, it was officially put into use.

Zhou Buqi looked at this small plane. It was the same model as the first private plane he bought. It was best at short- and medium-distance flights. It is currently being used in China. Xu Baihui came to New York on this plane.

Many domestic leaders also use this aircraft when traveling domestically. Only when traveling abroad, Boeing 747 will be used for modification.

Because Zhou Buqi often has to fly long distances internationally, and the internal space of the Gulfstream G550 is really small, it is difficult to arrange two or three bedrooms for rest, so he later purchased a medium-sized jetliner - Airbus A330.

Looking at Boss Ma's plane now, it feels very mini.

Visit on a plane.

Boss Ma asked: "When will you return to China?"

Zhou Buqi said helplessly: "Not necessarily, the domestic team keeps asking me to go back, so there is no time. After this busy period, I may have to go to Europe first, and then return to China."

"Now it seems that many media are promoting it, saying that you have developed a program to play Go, and then you will play against top human players."

"Well, next month. The first stop is going to Seoul. Let's play chess with Korean players first."

"Is it true? I thought it was hype."

"Of course it's true!" Zhou Buqi snorted, "I'm different from you. Alibaba is doing business, and I'm doing technology business. I'm serious about artificial intelligence!"

Boss Ma ignored his nonsense and said with a smile: "I thought this was to set off the market atmosphere for the listing of Ziweixing."

Zhou Buqi said very matter-of-factly: "The marketing value is great. If we wait another half year, this chess-playing software can be more powerful and mature. Now...it may not be able to defeat human chess players 100%. I guess the winning rate is also That’s 99%!”

"It's hot enough this summer. Don't you plan to go on vacation?" Boss Ma saw this and felt that the boy's tossing back and forth was hard enough, so he made a suggestion, "It's a bit intense to run around like this day in and day out. ."

"Let's wait until we are done with this, or at least after Ziweixing is launched." Zhou Buqi sighed, "It's quite intense. I have to go to the Rockefeller's horse farm to ride horses this weekend."

"Rockefeller?" Boss Ma was a little surprised, "Why do you have contacts with the old family?"

Zhou Buqi said: "His family has a lot of collections. I want to buy those national treasures that have been lost from the country."

Boss Ma said: "These old families must have some private matters, and even... there may be many behaviors that violate ethics. It is not new for sons to marry aunts, cousins ​​to have children, etc. Once you have money, you can do whatever you want. Otherwise, we won’t be able to give birth to so many fools, and the family fortune will be ruined in a few generations. You have to be careful when you come into contact with them.”

Zhou Buqi said amusedly: "Have you read too many gossip tabloids?"

"I'm afraid that you've met too many people and been led by some scheming bad people to become a bad person!"

Boss Ma snorted.

Zhou Buqi said calmly: "Don't worry, I will not participate in any of those messy occasions. Epstein even invited me to his island, but I have never been there."

Boss Ma nodded, asked him to take a seat, and then asked the flight attendant for two portions of ice cream. Then he got down to business, "When is the right time to invest in PayPal?"

Zhou Buqi said with a smile: "Aren't you in a hurry?"

A prerequisite for inviting Boss Ma to join PayPal's board of directors is to let Alibaba invest in it. After the spin-off from eBay, PayPal's shareholder structure has undergone significant changes.

The current largest shareholder is Ziweixing International, with a shareholding ratio of 4.6%.

Carl Icahn's stake, at about 2.2%, is the fifth largest shareholder.

Alibaba’s share is agreed to be between 2% and 3%.

Too much is not enough.

Now PayPal has transformed from a name into a public and social company. Even if you have money, you cannot buy too many shares or cause worries in the market. You must distribute the shares equally to the whole society as much as possible.

Boss Ma said angrily: "Who knew the market was so optimistic about PayPal? After three days of listing, the stock price was 15% higher than the issue price. Major institutions predict that it can rise by up to 30%."

Zhou Buqi said: "If Alibaba wants to invest, it must follow the real-time stock price and cannot have any special privileges."

Boss Ma said "Hmm", "Will PayPal launch a series of international mergers and acquisitions next?"

"This is for sure."

Zhou Buqi has already communicated with CEO Dan Schulman, and this is a move that must be made.

Otherwise, entering the venue so early will be in vain.

With PayPal's current strength, it can actually get involved in any business in the Internet financial field. This is the world's largest Internet financial product.

But in actual operation, it is not that simple.

Domestic Internet products often walk a tightrope, getting on the bus first and paying for the tickets later.

This is not possible in the European and American markets, especially for financial services. Supervision is very strict and there are many restrictions. You must first obtain relevant licenses before you can start business.

But the work efficiency here in Europe and the United States is really terrible!

This is an institutional disadvantage.

If there are some key projects in China, or some objects of special care, the efficiency of the relevant agencies is astonishing, and the top-down execution capabilities can stun foreign capitalists.

However, these capitalists really do not have such privileges in Europe and the United States.

Have to queue up.

Even the richest man in the world has to queue up to apply like a grassroots entrepreneur.

Jobs was plagued by cancer in his later years. The cancer cells spread to his liver and required a liver transplant. For this level of rich people, money is not an issue at all.

But he still couldn't change it in time.

Because you have to queue up.

Fortunately, I later moved from San Francisco to the city where my adoptive father is from. The queue there was relatively small, and I was able to get a liver transplant within a few months.

But it was still too slow, and the condition was delayed a bit.

There are some privileges that can be bought with money. There are some privileges that no amount of money can buy.

The company's relevant license application is within the category that cannot be purchased.

Apple and Google are both clamoring to launch mobile payments, but they have yet to take action. They are just stuck at the license level, and the application has not been received yet.

As long as the license is obtained, with the strength of this company, relevant products can be launched in minutes.

PayPal is now available.

There are US$6 billion in funds on the books.

The next thing to do is to exchange money for time!

You cannot buy privileges, but you can buy companies with relevant licenses.

Through a series of international mergers and acquisitions, we will buy companies with related products, related services, related teams, and related licenses on the market, and then integrate them into PayPal.

Most of the products, technologies, and services of these companies are actually very poor and far from meeting PayPal's requirements.

But they have been deeply cultivated and developed locally for many years.

With a certain number of users, especially with local approval, PayPal can take over and directly enter the local market, which can greatly increase PayPal's business advancement speed.

Before other technology giants could react, they quickly spread PayPal's Internet financial services on all fronts.

Zhou Buqi said: "Go back and prepare the money! Next month...July, we can finalize this matter. By August, PayPal will be able to launch an international buying and selling strategy."