Before the Charlie Rose interview show that Zhou Xin participated in was broadcast, for the vast majority of Americans, they had used Newman products, but they did not know that these products were related to Newman.
For Internet practitioners in Silicon Valley who have not dealt with Zhou Xin, Zhou Xin only has a vague image of a genius, and a target to belittle them when he is scolded by his immediate boss.
"Newman can think of it, why can't you think of it?"
This is roughly the case, especially among product managers, Zhou Xin has attracted too much hatred.
In the words of a well-known Silicon Valley CEO, he would rather spend the money of 100 product managers to hire Newman than hire a hundred mediocre product managers.
Of course, influenced by Zhou Xin, the treatment of product managers as a group has improved a lot. Everyone realizes that a good product manager can bring huge value to the company.
It’s just that the definition of a good product manager is difficult to measure.
"When you use Newman as a yardstick, all product managers will become worthless." This is what Microsoft's executives in charge of MSN said during an internal meeting.
After the broadcast of this Charlie Rose interview show, Zhou Xin's image in Amerikan became more complete and he was no longer a vague entrepreneur. Especially his tragic childhood experience gave people a sense of identity.
"This guy grew up as an ordinary person just like us."
The discussion on Quora about this program was divided into the field of TV programs. As a well-known host, Charlie Rose was invited to join Quora by Zhou Xin after the show.
After he joined Quora, a large number of users invited him to answer this question himself.
"How to see Newman on Charlie Rose?"
Charlie Rose himself responded as follows:
"Thank you for your warm invitation. As the mascot of this show, I will share my thoughts.
Most talk shows have a script. The host and the guests perform step by step according to the script. Some scripts will even tell the host that after the guest answers the question, you should show surprise or fear. Class annotations.
You can think of it as a script based on fact.
But on the Charlie Rose interview show, we will only have a general framework and tell the guests that our interview questions will fall within this framework.
Since I don’t have a script and haven’t rehearsed in advance, sometimes the guests’ answers will cause me to ask questions outside the framework.
In this interview with Newman, there were many questions that were not within the scope of the framework. They were questions that I spontaneously wanted to ask. Newman acted both sincere and astute. He is one of the fastest responders among the guests I have interviewed, and he has his own thoughts on many issues.
I can only say that he is indeed the best Internet product manager, and he deserves this title. "
While the Charlie Rose talk show sparked heated discussions, Quora relied on its unique paid question and answer function to conquer the online community.
The Quora craze has even affected the traffic of Riot Electronics Community. After the launch of Quora, the monthly increase in user visits of Riot Electronics Community was interrupted for the first time.
Quora ranked among the top three most visited websites in the United States for the first time in early June.
At the same time, it is filled with top talents from various countries.
Quora has no restrictions on registered users. Except for Amerikan users, the largest number of users is in the Europa region.
Users from these other countries will also participate in the exam and compete with users from Amerikan.
So much so that Amerikan users expressed that they would ban users from other countries from participating in the user registration exam.
There are a large number of users around the world who have to take the threshold exam despite time differences. This exam is also nicknamed the Quora entrance exam.
Take Zhou Xin's alma mater, Yan University, as an example. Anyone who passes the Quora entrance exam and gets a golden badge can show off on the Weiming Lake BBS.
However, users in other regions cannot use NewPay, and other countries have not yet opened regulatory restrictions on electronic payments.
Especially in China, it was not until 2005 that China opened up its restrictions on electronic payments and allowed private capital to enter this field.
This results in the paid Q&A function being an exclusive benefit for Amliken users.
Users in other regions cannot even use this feature.
“Recently, our customer service has generally responded to a question, that is, they also want to use Quora’s paid Q&A function. Is there any way for us to realize their needs.”
This question was raised by Peter Thiel because Quora’s paid Q&A feature only opens one payment option, and that is NewPay.
When users ask Quora service staff, they will refer the question to NewPay.
Peter Thiel said: “Because the current attitude towards electronic payments in the Europa region and even most parts of the world is very ambiguous, but I want to meet the needs of users.
And I think the opening up of electronic payments is also a matter of time for other countries. Can we take some way to allow users to enjoy NewPay services in advance?
At the same time, is it also for us to cultivate users around the world? "
Peter Thiel stood up and wrote in marker on the whiteboard in the back: "Virtual Accounts."
“We can provide users in other countries with the permission to register NewPay accounts, but for them, it’s just that they can’t bind their bank cards.
But we can give him a virtual account.
For users on Quora, after they are asked questions, the money will be transferred to their virtual account, and they cannot withdraw cash or recharge.
But he can use the money in the virtual account to complete the payment action.
For example, he can use the money to buy Riot Games products, ask other users questions, or even buy items on Amazon to give to his Amerikan friends. "
Amazon has not yet begun its cross-border business expansion at this time.
“That is to say, for users in other regions, apart from being unable to recharge and withdraw cash, the NewPay account is no different from Amerikan users.
As for recharging, they can also adopt some marginal methods, such as transferring money to American users through bank cards, and then American users transfer money to their NewPay accounts.
We can't do this, but regular users can.
This bypasses supervision, cultivates customers in advance for us, and greatly expands NewPay’s influence. "
The concept of virtual accounts was an absolutely genius idea in 1999, and it perfectly circumvented regulation.
Zhou Xin thought to himself, no wonder PayPal was able to achieve final success. Peter Thiel has an equally keen sense of smell, and he can find ways to find ways to satisfy users and circumvent regulation on products.
Sometimes Internet companies that follow the rules too much will be eliminated. Baidu's compliance in many fields in later generations has proved this.
Zhou Xin nodded: "It's a good idea, I think there is no problem.
But the only risk lies in avoiding fraud.
Because all our users are currently bound to bank cards, and the bank cards require their real information, every transaction is traceable.
Once the registration of virtual accounts is opened, the email address can directly register a NewPay account, and the NewPay account can complete the transfer.
At present, the registration of the entire mailbox cannot be controlled at all, and we cannot supervise the transfer of virtual accounts.
Once fraud occurs, we cannot cooperate with regulatory agencies in tracing it.
Supervision of small-scale fraud will not intervene, but the size of NewPay determines that once a similar incident occurs, it will definitely not be a small-scale behavior.
So I would like to make a few requirements. Overseas users must register with their mobile phone number when registering. Riot Games has almost reached an agreement with telecom operators in major countries.
Just go ahead and talk.
Overseas users can only register through their mobile phone number. Secondly, when initiating a transfer to an overseas account, a second confirmation is required and a warning is given to the user.
We need to do what we can.
By the way, I would like to emphasize one point here, that is, NewPay needs to benchmark against banks, not Internet companies, in terms of risk control and user management. "
While NewPay is conducting a new round of exploration in the field of product innovation, negotiations with EBay are also nearing completion.
The main resistance to NewPay's integration with EBay comes from the person in charge of Billpoint within EBay. She believes that EBay should only use its own payment software instead of using NewPay.
The electronic payment field is an area with extremely high potential. The adoption of NewPay will make it impossible for Billpoint to make a comeback.
NewPay itself crushes Billpoint in terms of user number, user quality, user activity, etc. If EBay does not let Billpoint have a monopoly, then Billpoint's acquisition will be in vain.
"I want to ask you how long will it take for Billpoint to go online? How long will our users have to endure traditional check and draft payments?"
"It will take half a year at the earliest. We are already stepping up development. If we double our developers, the time can be shortened, but it will take until October at the earliest.
Because electronic payment involves information security and financial security, we need adequate testing. "
Originally, eBay did not officially launch the market until March 2000 after acquiring Billpoint.
EBay is debating internally whether to wait for Billpoint or use NewPay directly.
NewPay's valuation has doubled and is now valued at US$2 billion. If you can develop a payment software, even if it is not as good as NewPay, its valuation will be half of NewPay's, US$1 billion.
Wouldn’t it be nice to grow your own Billpoint? This is the view of Billpoint supporters.
The other group believes that the introduction of NewPay will not affect their development of Billpoint. Before Billpoint was launched, NewPay was used first. After Billpoint was launched, the two were used in parallel. After users gradually got used to Billpoint, NewPay was eliminated at once.
This way neither side will be delayed.
At this time, Amazon and some electronic shopping platforms have already connected to NewPay. After these electronic shopping platforms connected to NewPay, both sellers and buyers said it was really good.
Compared with traditional payment methods, electronic payment is much more convenient.
EBay users do not only use EBay, they also use other electronic shopping platforms. Comparison is harmful.
A number of EBay users have said that without NewPay, they will no longer use EBay.
Today's first chapter
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