Reborn 2005: The Internet Myth

I was busy until July 20, when Ultron's first console was finally fully finalized, and the system and console also obtained American and European marketing approvals.

Our own social networking site is very convenient, and the publicity and promotion work has also been started. The initial publicity methods are basically some concept pictures, and we will cooperate with some digital creators to do some "gossip" promotion.

The purpose is to first arouse curiosity and spark discussion, and then decrypt it bit by bit in order to form a daily topic among enthusiasts. The fundamental purpose is to obtain the first batch of customers.

Accordingly, the scale of Ultron has to be expanded again - there is a serious shortage of office space.

In the end, the R&D team and the sales team had to be completely separated. No. 255 was only used by the R&D team, while the sales team found another office.

In North America, there are two main sales channels for electronic equipment, namely several larger online malls and the home appliance supermarket Best Buy.

Altron has no plans to open a directly operated store for the time being. It does not have enough manpower and it is too late. Therefore, discussing cooperation with Best Buy in the offline market has become an inevitable option.

As for online sales, after careful consideration, we decided to sell directly through the official website of Altron to cultivate our own online retail team and prepare for the launch of our own online mall in the future.

The ringtone of his cell phone suddenly rang. When Wang Zheng saw it, it was Jeff Rothschild who had disappeared for almost a week. It seemed that the acquisition of PA semi company was finally settled.

As soon as he answered the phone, Jeff's voice came over: "Phil, I have obtained 42% of the shares of PA semi. The controlling stake is now yours."

…Is this Rothschild’s work efficiency?

It has only been a week, how could the acquisition work be so fast?

In response to Wang Zheng's question, Jeff said matter-of-factly: "Isn't this normal? By the way, you may not know that before the Internet fund I was responsible for was established, Enyi's main business was to invest in these investment funds

Funding."

Investment funds rarely use their own money to invest. For example, domestic companies such as Hillhouse Capital and Today Capital, which are relatively good at domestic companies, basically provide fund management services to large domestic and foreign capitals. They make investments after earning profits.

Take a commission.

For a family like the Rothschilds, God knows how many investment funds they provide funds for. It’s not surprising that they have such energy.

"Okay. What is the equity structure of PA semi now?"

"The founding team still has 37%, management 15% options, Sutong Capital 3%, Hoffman 3% and Enyi Capital 42%. Hoffman's 3% is not a big problem, I asked Peter to follow him

Talked."

Wang Zheng was very happy to save himself a lot of trouble: "Thank you then. How much are these shares?"

"I don't want money, I want shares. As long as it's a company under your name, any company will do." Jeff said simply: "Phil International's is the best."

"Go ahead and dream, Phil International is not for sale!" Wang Zheng was also blunt: "Crowdfunding or Tik Tok, you pick one."

"Isn't it possible to use WeChat? I'll help you find the founding team of PA semi and guarantee that you will eventually get at least 70% of the shares. I only want 5% of WeChat."

PA semi is now worth about 70 million, and 70% of the shares are worth about 50 million. Jeff’s meaning is obvious, the valuation of WeChat is 1 billion US dollars.

I'm afraid you're not kidding me internationally - my WeChat will be one of the trillion empires in the future.

"This is impossible. It is impossible for WeChat to raise funds now, either 15% of the crowdfunding network or 5% of Tik Tok, you choose one."

Wang Zheng also holds 37.5% of the shares of Crowdfunding Network. According to the current value, it is about more than 50 million. However, with its long-term development prospects, it will definitely exceed the current PA semi.

Wang Zheng doesn’t really care about Tik Tok’s shares.

If Tik Tok follows his path, it will not be possible without strong partners.

This kind of thing that breaks the tradition can only bring more big players in to play together, otherwise these people will have the ability to prevent you from playing.

Besides, Twitter has not yet made a profit more than ten years later. Its market value is just its market value. Who can withstand losing billions every year?

Get more people to carry it with you.

Tik Tok does have profit plans, but the better ones have been left to WeChat and Meta. The remaining scraps cannot afford to feed this gold-devouring behemoth.

Jeff was not disappointed, "Then let's go to Tik Tok."

The person he wanted to invest in was Wang Zheng. Although the shares of Crowdfunding Network were also more attractive, they were not within Phil International's system after all.

"Okay." Wang Zheng didn't care. There were already so many people who wanted shares in the crowdfunding website, and they were in the stage of appreciation, so they were not in a hurry to take action right away.

The two of them had not met each other, and the call lasted less than three minutes. Wang Zheng was about to own a chip design company. This feeling was really refreshing.

Even this company doesn't know that they are about to change their boss.

However, 70% of the shares is still a bit small. The ideal state is about 80%. I hope Jeff can give more.

The power of capital is truly intoxicating.

But there is another saying, only by never forgetting your original intention can you always succeed.

Wang Zheng turned around, put aside his distracting thoughts, and started dealing with the payment platform.

In fact, the domestic Huoyun Group has already developed a payment platform called Cloud QuickPass.

Wang Zheng did not intend to reinvent the wheel, but simply took the core abroad and replaced it with skin and continued to use it.

At present, Phil International's business mainly uses PayPal payment, and the advantages are also obvious, because PayPal payment is the only one in foreign countries.

As the earliest payment platform, PayPal has now completed cross-border operations and has a very large user base around the world.

As the group's business gradually expands, online transactions will become more and more frequent, and more and more funds will be left in the PayPal payment account.

Moreover, payment platform derivative finance can also bring very generous returns. Golden Ant’s model will definitely not work in China, but it is very suitable to switch to the capital society.

But if you want to build a payment platform, it is not an easy task.

To build a payment platform, you must first negotiate a good cooperation with a bank. The funds must be held somewhere and the transfer fees must be low enough. Although the procedures in China are complicated, they are more secure. State-owned banks are endorsed by the state and are stable and risk-free.

Western banks are basically private banks, and the bankers are more sophisticated than the others, and there are not a few banks that have gone bankrupt.

Therefore, you must carefully consider which bank you choose.

Secondly, consumption in Western countries basically uses credit cards and debit cards. Visa, MasterCard and Express must be supported. In addition, there are also **C in China and UnionPay in Daxia.

All require payment platforms to apply for docking.

Just opening accounts in banks around the world and connecting with credit card brands is already a very huge project. The twists and turns are so complicated that it took Wang Zhengguang three days to simply understand it.

For people who are not majoring in international accounting, it is really difficult to understand these processes.

The most urgent task is to find a team you can trust to carry out this part of the work.

The first thing Wang Zheng thought of was Peter Dill and Rhett Richard. As the two founders of PayPal payment, there is no need to doubt their abilities.

But now they all have their own businesses, and their venture capital business is booming. Who knows if they are still interested in starting a PayPal again.

After all, I still have insufficient foundation.

The accumulation of foundation requires time, and what Wang Zheng lacks most now is time.