Rebirth 2003: Dominate the Tech World
Chapter 32
The next afternoon, when Ye Yunzhou and his father appeared at Shangdao Coffee Shop, Li Mi was already waiting there. Seeing Ye Yunzhou and the others come in, he quickly stood up to greet them, and his hospitality was impeccable.
“Mr. Li, this is my father Ye Zhenting, the founder and chairman of Cambrian Technology, and also the founder and chairman of Hongxin Capital.” Ye Yunzhou introduced to Li Mi.
“Hello, Mr. Ye, I didn’t expect you to be able to establish so many companies at such a young age, it’s really admirable.” Li Mi shook Ye Zhenting’s hand and said.
“Mr. Li praised it immediately. This is all done by my son. I just carry a title. Mr. Li, you have reached such a high position, and you can retreat bravely. It’s admirable.” Ye Zhenting also blurted out a bunch of flattery.
“Mr. Li, dad, then don’t be polite to each other, let’s get to the point.” As a reborn person, Ye Yunzhou is very disgusted with this kind of Xiaguo style of human relations. He prefers to be more straightforward.
The two nodded slightly after hearing it.
“Mr. Ye, thank you for your invitation. I am very curious about your company, especially your foresight and courage in technological innovation, which is very rare in the current market environment.”
“Thank you for your praise. In fact, we are standing at a historic turning point. You know, Internet technology is changing the world at an unprecedented speed, and the most striking one is the change in payment methods. We believe that online payment will become the main means of payment in the future, and there are no mature products in the domestic market yet. This is a huge opportunity.” Ye Yunzhou said to Li Mi confidently.
“I agree that this is a field with great potential. But it is also full of challenges, such as security, user habits, and regulatory policies. Mr. Ye, can you give us a detailed introduction to your plan?”
“Of course. Our goal is to develop a safe, convenient, and user-friendly online payment software that can be seamlessly integrated into users’ daily lives, whether it is online shopping, transferring money, or paying utility bills. We hope that this product can lead the market and become the industry standard.”
“This is an ambitious plan. So, what is my role in this project?”
“We hope that you can serve as the vice president of Cambrian Technologies and the general manager of Jiaoyibao, and be fully responsible for the launch and operation of the online payment business. You need to form and lead an interdisciplinary team, including technology development, marketing, customer service and other departments, to ensure that the product’s research and development, testing, listing and subsequent services can proceed smoothly.”
“Of course, I can tell you confidently that I am personally responsible for the research and development of the product, and it is currently 70% complete. If you join, in the short term, you only need to be responsible for opening up the bank’s payment channels, doing a good job in market development, customer service and later product operation and maintenance.” Ye Yunzhou said and waited for Li Mi’s response.
“This is a completely new field for me, but I am interested in the challenge. However, I also have my own concerns. After all, my previous career was in the traditional banking system, and I am not familiar with the operating model of start-ups and the Internet industry.” Li Mi expressed his concerns.
“In fact, your financial background and management experience are exactly what we lack. They will bring depth and breadth to our products and services and enhance our competitiveness in the market.” Ye Yunzhou said.
To be honest, when Ye Yunzhou confirmed that he wanted to do “Jiaoyibao”, he wanted to find someone with a financial background and use their background to connect with the bank’s cooperation.
“I understand. So, do we have any preliminary ideas about product positioning, target customers, market strategy, etc.?”
“Our initial idea is to launch it in the domestic market first, targeting young and active Internet user groups, and provide fast and convenient payment solutions. We will use big data and artificial intelligence technology to continuously optimize the user experience, and we will also actively communicate with regulators to ensure compliance operations. As for the international market, we will gradually consider expansion after we succeed in China.”
Ye Yunzhou has been thinking about this product for a long time, and he is still very accurate in positioning the product after he was reborn from 20 years later.
“This sounds like a grand and pragmatic plan. I am willing to join and create this new market with you. However, before I officially start, I hope to learn more about the company’s financial situation, technical capabilities and team structure so that I can plan my work better.”
“First of all, we are still very sufficient in terms of finance. I can guarantee that the funds we will invest in the second half of the year will not be less than fiveTen million. ”
“Secondly, regarding technical capabilities, this is our core competitiveness. I am personally responsible for the technology, and I am sure that the technology of our products is far ahead. ”
“Finally, it is the team, which is our weakest link. We hope that Mr. Li can help us make up for this shortcoming.” “Of course, you don’t have to worry about the salary. We will give you an annual salary of 700,000 in the first year. Based on your achievements, the annual salary will not be less than one million from the second year, and there will be corresponding options in the future. “Ye Yunzhou said to Li Mi very sincerely.
“Then it’s settled. I look forward to working with you to create history together.” Li Mi stood up and shook hands with Ye Yunzhou and Ye Zhenting formally.
Ye Yunzhou was very happy to finally convince this person to join, and his future online payment empire has taken another step forward.
Hangzhou, Ali headquarters.
“What did you say? The domain names of Taobao and Alipay have been registered by someone? Have you checked it out? Who registered it? ”
Ma Yun was very surprised after listening to his subordinates’ report, because he had thought about these two names for a long time, but he didn’t expect that someone had already registered the domain name, including the trademark.
“I checked, and the domain name and trademark are currently in the hands of a company called Red Letter Capital, and the chairman of the company is Ye Zhenting.” The subordinate said.
“Can we contact him? We want to buy all the trademark rights and domain names of these two names from him.” Ma Yun pondered for a moment and said
“Okay, Mr. Ma, I will contact him right away.”
“It must be fast, and we can’t let other companies get ahead, otherwise the price we pay may be even greater. ”
“……”
Li Mi was very fast. After he settled down at home, he came to work on the third day. Since the Qiyuan Building had not been renovated yet, he could only rent an office next to it for the time being.
His current job is to receive resumes submitted by headhunters, conduct interviews, and recruit people. Among these people, except for the supervisors of various departments and the big guys in the technical department who need Ye Yunzhou to personally ask about, all others are handed over to Li Mi.
Because it was just a start-up, Jiaoyibao Company did not have many departments. It was mainly divided into technology and product departments, which were responsible for the update, maintenance and upgrade of Jiaoyibao system to ensure the smoothness and security of payment process. Design payment products and user interface to improve user experience.
The operation department is mainly responsible for market development, establishing cooperative relationships with merchants and financial institutions, expanding the use scenarios of Alipay, conducting market promotion and user education, and increasing the user base.
Customer Service The business department provides user support, handles payment-related inquiries and issues, and resolves disputes.
The risk control department monitors transaction behavior, prevents fraud and money laundering, and protects the safety of user funds.
The finance department manages the company’s finances, including account records, fund flows, and financial reports.
The legal and compliance department ensures that the operation of Jiaoyibao complies with laws and regulations, and handles legal affairs such as contracts and intellectual property rights.
Each department has a department head and a deputy head. The head reports to Li Mi, and Li Mi reports to Ye Yunzhou.
Currently, Ye Yunzhou is the president of Cambrian and is responsible for the strategic planning of the entire company. As the vice president of Cambrian and the general manager of Jiaoyibao, Li Mi is responsible for the daily operations of Jiaoyibao.
“Son, someone from Ali Company contacted me today and said they wanted to buy the trademarks and domain names of Taobao and Alipay from us. Do you think we should sell them to them? “Ye Yunzhou’s father asked for Ye Yunzhou’s opinion.
Before, Ye Yunzhou registered so many trademarks and domain names and said he could make a lot of money. Ye Zhenting didn’t believe it. Unexpectedly, just a few days after transferring the rights of the more than 5,000 domain names registered before to Hongxin Capital, the first business will come to the door.
“You can sell it to them, just quote 20 million, no bargaining, if they need it, buy it, if not, leave it.” Ye Yunzhou knew the value of these two trademarks and domain names, and 20 million was very cheap.
“20 million? So expensive?” Ye Zhenting was very surprised. He didn’t expect that something that only cost a few thousand yuan to register would be worth so much money.
“Dad, these two trademarks and domain names are indeed worth so much, and I still quoted a lower price.”
Ye Yunzhou’s father nodded and prepared to quote the price to the people of Ali Company.
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