Rebirth of the Internet Overlord

0013. Reasons why Paypal is willing to pay

{Time: January 24, 2001}

{Location: Flower Planting-Qin Province-Hannan City}

"Here, look at my plate of roasted pork ribs with potatoes!" Putting down the full plate, Ning Zimo quickly put her fingers on her earlobes to cool down.

This large plate of hard vegetables was just made by Ning Zimo. Although it is not suitable to eat this thing in the morning, there is no problem in storing the vegetables in winter. And this dish tastes better after being reheated repeatedly. Therefore, I feel happy after receiving the money.

The good Ning Zimo started to make a fuss.

After all, the first step of the plan has been taken.

Going further down, there is not much time to really spend time with your family.

Ning Zimo cherishes the recent hard-won family life from the bottom of his heart, so naturally he will not miss every opportunity to get along with her.

Zheng Yawen was immediately happy when she saw the decent dishes on the plate, "Do you still remember? Since Zimo and the others were in the fourth grade of elementary school, several of our families happened to be away from home during lunch time, and then there were three of them.

Let’s get together to cook and eat.”

Probably thinking of a few children working hard on the terrace beside the stove, Zheng Yawen's face turned gloomy as soon as she spoke, and her voice became a little softer.

"At the beginning, they only knew how to steam rice. Then they took some kimchi from the kimchi jar, mixed it with red oil, and it tasted delicious.

But after eating it for a week, they got tired of it, so they started eating instant noodles. As a result, after another week, they also got tired of Moon Brand instant noodles.

Slowly, I started trying to make scrambled eggs with tomatoes, shredded potatoes, and shredded potatoes and pork. Finally, I was able to cook even hard vegetables.

So many years have passed, and now when I think about their childhood, it was not easy."

Zheng Yawen's eyes turned slightly red as she spoke, and Ning Yaping quickly reached out and patted her shoulder to comfort her, "Hey, we all have things we can't take care of. Life was really hard at that time.

This is a problem we all face, so brothers and sisters, don’t blame yourself."

Ning Zimo was indifferent. He smiled and exchanged glances with his sister Zhang Junya, "Don't we three have to be independent in the future? These skills require more or less practice, and we can't rely on them all our lives.

You guys? So we took this opportunity to practice our cooking skills. Isn’t that a good thing? If it weren’t for you to help us, we wouldn’t be where we are today.”

"Hey, our nephew is very good at using puns." Zhang Qingshan laughed and pointedly pointed in the direction of the study, "You have achieved such impressive results all of a sudden, but

It really shocked the elders like you."

On the surface, Zhang Qingshan was talking about Ning Zimo making a lot of money, but in fact, he was not trying to divert his mother's attention.

Ning Zimo glanced at his clever second uncle. Both of them understood what the other meant and kept smiling.

But Ning Zimo's action had a special meaning in Zhang Qingshan's eyes. Zhang Qingshan never noticed these small details of his nephew Ning Zimo before.

Only now do I realize,

I can no longer use the eyes of a teenager,

Look at the next generation growing up.

Although, money is not the only thing that can reflect value.

However, enough money can reflect sufficient value.

This amount of 100,000 U.S. dollars, which Zhang Junya saw with her own eyes, converted into 800,000 RMB, is half the lifetime income of a well-off family of three in Hannan.

This is considered a huge sum of money in this era,

Therefore, this huge sum of money had a huge impact on the Ning family.

Zhang Qingshan also went to his nephew's screen to see the long list of numbers. Apart from shock and surprise, Zhang Qingshan had no other words to describe his feelings.

Only a few days have passed since then?

Can such a big gain be achieved?

What is the outside world like?

What will future development look like?

If you still look at the world through old eyes,

Are you afraid that you will gradually be unable to keep up with this era?

Everyone at the dinner table has been deliberately avoiding this topic.

But it's inevitable that there are people who don't know how these people are.

For example, Ning Zimo's sister--Zhang Junya.

The whole family was chatting happily,

Zhang Junya seemed to suddenly remember something and turned to Ning Zimo and asked: "Brother, that company called Paypal mentioned the topic of fraud in the email to you.

I am very curious about what online fraud is all about, and they say that your mini program can help reduce their fraud losses by 70%.

What I’m more curious about is, how much will their losses be each year?”

In fact, regarding the history of Paypal being defrauded online, Ning Zimo and Luffy only explained the method of the second large-scale fraud.

But really speaking, the first time PayPal suffered a large-scale fraud can be traced back to June 2000.

At that time, Paypal was a new company after the merger of two companies. In order to attract more users to use Paypal, they implemented a rule, which was account registration bonus.

The amount of this reward was no more or less than 10 US dollars in 2000.

Every time an old user introduces a new user to register, the new user can get a reward of 10 US dollars.

But at the time, PayPal didn't realize at all that this very attractive rule had become the meat of the fraud gang.

After decoding the PayPal account number, a fraud gang worked with people who knew technology to create software for registering new accounts in batches. So they used the rule of $10 for each account registered to make a one-time profit of $6 million.

Although Paypal later followed up and fixed the policy, the losses had already occurred.

After this fraud, PayPal learned from the pain and spent a long time to create the first registration verification program.

Compared with Ning Zimo's verification applet with complex logic and simple operations, Paypal's "Gaosi Baker" program is extremely simple.

They added an image to the account registration page. The image has a yellow background with thin black cross lines, and a set of random black letters at the top of the image.

The account holder needs to fill in the letters of the picture into the text box next to it to successfully register.

This human-machine verification program, which was extremely popular before the mobile Internet era, was first used by Paypal.

The reason why PayPal is willing to pay 100,000 US dollars to purchase Ning Zimo’s mini program is because the fraud gang’s technical methods are also upgrading.

However, Ning Zimo's mini program was too far ahead of its time, which extended the time it took for fraud gangs to bypass this technical barrier.

In order to satisfy her sister's curiosity, Ning Zimo tried his best to focus on the online fraud related to Paypal.

After a pause, Ning Zimo continued with the whole family watching:

"In 2000, Paypal's total transaction volume was as high as 500 million U.S. dollars, and the fraud rate was 2.6%, which was a loss of 13.2 million U.S. dollars. Adding the entire security team and research costs, the overall investment was more than 20 million U.S. dollars. Just based on last year's loss amount

, my small program can help them save 924,000 US dollars. Of course, using this program this year will only help them save more money."

After saying that, Ning Zimo calmly prepared to pick up the vegetables.

I stretched out my chopsticks, only to find that the whole family in the audience had dumbfounded expressions.

It took a long time before mother Zheng Yawen came back to her senses and said cautiously, "Zimo... then... did you lose money by selling that small program... of yours?"

Zheng Yawen's words made everyone look at Ning Zimo. It seemed that such "gossip" was something that every ordinary person was curious about.

Ning Zimo suddenly became happy when he heard his mother's "stingy" words, "Mom, the price is a bit cheaper, but it won't be a loss. After all, my purpose is not just to make a little money from Paypal. What's going on?

, this small program of mine is a bit of a provocation."

"To attract good news?" Zhang Qingshan was a little curious about what his nephew said. After thinking about it, Zhang Qingshan tried to ask, "Do you have any plans for this company?"

Although he knew that his second uncle did not fully understand the meaning of his words, Ning Zimo still nodded, "Yes, I plan to use my software products to knock on the door of Paypal and ask them to invite me to work in their company.

."

"This company called Paypal, according to Junya, seems to be a foreign company? If it turns out to be true, my grandson will have to work for a foreign company at a young age?"

Ning Zimo's grandma Luo Luomin suddenly joined the discussion, and the wrinkles on her face were stretched out because she smiled happily.

It seems that she is very proud that her grandson may go to work abroad.

Seeing that her grandma was happy for herself even though she didn't know the specific situation, Ning Zimo nodded heavily and smiled at her, "Yes, grandma. If your grandson does well recently, he will work for an imperialist company in the future.

"

"Well, it's okay to work in an imperialist company. Our country has been reforming and opening up for so long, and we have the ability to go out. However, the imperialists are determined to destroy me. Zimo, if you really go out, you must always remember that you are a

Flower grower."

Grandpa Ning Guangyao was born in the 1940s. Although he was influenced by his grandma, his mind was much more open-minded, but his words still revealed the unique characteristics of people of that era.

"Grandpa, don't worry, my grandson understands."

Ning Zimo had no intention of being perfunctory at all. Although he had a good start now, he still clearly remembered the treatment he had received in his previous life.

Zhongxing, Weihua, Luban Technology, and the other 9 Zhonghua Internet companies, all the masterminds behind the scenes are pointing directly at foreign countries.

Tactically, we should despise the enemy, but strategically, we should pay attention to the enemy.

There must be a pattern,

But the grudges from the past life cannot be forgotten.

Seeing that the topic suddenly became serious, Zhang Qingshan smiled and waved his chopsticks, "Come on, let's talk and eat at the same time. Now we have also seen Zimo's professionalism. What Zimo just told Jun Ya, if

Without conducting specialized research, we cannot say anything so specific."

With that said, Zhang Qingshan put a piece of sausage into Ning Zimo's bowl, looked at Ning Zimo and continued, "My uncle didn't know you had this ability two days ago. The original intention of setting the reward for that computer was actually

I want you to get out of the way.

Who would have thought that my eldest nephew would have such outstanding abilities in this industry and his long-term vision.

Let me tell you, at the age of 17, there are really not many people who can grow flowers at the level of our nephews."

Ning Guoping chuckled and took over the conversation, "Brother-in-law, don't praise Zimo to the sky so quickly. After all, he still has a long way to go from now on."

"No," Zhang Qingshan shook his head, "This is the second time I have heard Zimo speak so thoroughly about the software industry. He can't get into this industry like this because of me.

These two sentences were spoken lightly.

You all don’t know how much of a shock it was to me when Zimo went to my company yesterday.

It was originally a test planned by me. Who would have thought that his eyes were not focused on this test at all but on something further away.

Did you know? A new plan he launched yesterday not only impressed the four employees of my company who were top university graduates, but even me was moved by what he said.

Guoping, after all, I am someone who has been in this industry. Think about it, if even I have been persuaded, is the content of my just evaluation a compliment to him?"

The more Zhang Qingshan talked, the more excited he became, giving Ning Guoping the illusion that he was the father of his son.

After a few glances back and forth between his son and his brother-in-law, Ning Guoping felt helpless when he thought of his son's huge income today.

Inexplicably, he felt like he was almost out of step with the times.

Ning Zimo noticed his father's emotions and quickly changed the subject, "Second uncle, since we just talked about the new plan I mentioned, I have an idea that I would like to hear your opinion on."

"Well, what do you think?" The nephew suddenly changed the topic, and Zhang Qingshan became interested again.

"That's it," Ning Zimo coughed, took the opportunity to sort out his thoughts and continued, "Actually, I have planned a lot of things in software. However, if we continue to develop in Hannan City, the introduction of talents and the overall

The environment is a serious problem. So, after I thought about this problem last night, I want to go to our flower-growing frontier city, the Special Economic Zone, to set up a company there."

"Go to the Special Economic Zone to open a company? Why do you have an idea all at once? Are you thinking too much?" Ning's mother, Zheng Yawen, was surprised by her son's whims. She couldn't accept her son's changes.

"Mom, isn't this my idea? I want to talk to my uncle first to see his opinion."

Ning Zimo smiled confidently. Anyway, he took the first step and the result came out. He had to proceed step by step.

Zhang Qingshan frowned when he heard Ning Zi's silent words. He understood that his nephew's idea was another step forward, even somewhat beyond his expectation.

Come to think of it, my nephew obviously has a far-reaching plan to move forward, and that plan must be matched by huge ambitions.

After thinking about it, Zhang Qingshan asked doubtfully, "You mean, you want to set up a separate software company? Is it because you value that there is a flower-growing economy, a cutting-edge area of ​​technology, and a gathering place for talents?"

"Well," Ning Zimo nodded, "my aunt came back a few years ago and kept talking about the rapid development and changes in that city. She made me yearn for the special zone.

Think about it, in all your years in Hannan, have you ever heard of a few regular software companies?

Has the software department you established built any serious software in the past year?

In addition to product direction issues, are there factors such as Hannan's environment, market demand, talent, etc. that have jointly created the dilemma of your company's software department?

So since we can have better choices, why can’t we try them?”

The establishment of a software company is necessary, and Ning Zimo has several pieces of software in his mind that need to be implemented.

On the one hand, it is to lay the foundation for the planned Internet industry, and on the other hand, it is also to make money.

Ning Zimo does not expect to rely solely on the few people from Zhang Qingshan's company to complete future big projects.

He has longer-term plans for the future. He doesn't know whether his second uncle Zhang Qingshan can keep up with his pace, but he hopes to reserve a certain share for his second uncle in the first product, which is the second product.

My uncle supported him in taking the first step and he deserved the reward.

But there are too many things involved in future development. In addition to having a clear direction of development, he also needs to have a clear distinction with his second uncle Zhang Qingshan from the beginning.

Zhang Qingshan raised his chin and carefully considered his nephew's words in his mind.

Although his nephew's sudden maturity caught him off guard, Zhang Qingshan thought it was a good thing.

My nephew's plan is very big. Regardless of whether it is successful or not, he must not hold himself back in taking forward steps.

Zhang Qingshan looked at Ning Zi and said silently, "The problem you mentioned involves many things. If it were just a piece of software, our aunt and nephew could indeed make a confusing account. But with your efficiency in the past two days and your long-term plan

It seems that the future may be infinite. In this case, the cooperation between my uncle and you cannot be so unclear from the beginning."

At this time, Zheng Yawen, who had been silent for a long time, suddenly joined the conversation, "It's not Zimo's benefit to you and your nephew to do something together..."

"No, no, no," Zhang Qingshan waved his hands repeatedly to interrupt his siblings, "Yesterday, because I was obsessed with Zimo's plan, I didn't think about this matter in detail.

If you really think about it carefully, kinship is kinship, and business must have business rules.

I'm afraid you have underestimated the potential of Zimo and the future development of the software industry.

Although I have said before that the flower planting software industry is struggling at the moment, but yesterday Zimo showed me a different path.

Not many people have walked this road, but as long as Zimo can walk through it, it will definitely be a broad road that belongs to him."

Amid Zheng Yawen's surprise, Zhang Qingshan looked at Ning Zimo and said seriously, "Let's spend this year well first, and give me some time to think about it.

When the new project starts at the beginning of the year, I will give you an answer on this new project, and we will discuss the details at that time."

Putting another piece of sausage into Ning Zimo's bowl, Zhang Qingshan's expression became much more relaxed, "No matter what, your ability to surpass us must be something our parents' generation can be proud of. Therefore, I, the elder, should also take it."

Show your own attitude.

I am a businessman myself, and the experience I can pass on to you is the attitude you should have when doing business."

A little bit of care, but he was carefully taken care of by his second uncle Zhang Qingshan.

Ning Zimo suddenly felt that he was very lucky to be born in this family.

The future seems to be even more worth looking forward to.

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