hollywood melon man

Chapter 952: Several Battles Between Silicon Valley and Wall Street

For a movie that is completely exhilarating, the brain is the last thing that is needed. It is enough as long as it is exciting enough.

Later, the "Fast and Furious" series became more and more exaggerated, and even had the reputation of "Family Heroes". It was because the film broke away from the traditional racing action theme and turned into a superhero movie.

But this doesn't matter to the audience. Although the April schedule is still a month away from the traditional summer season, a large number of moviegoers still went to the cinema to watch this movie.

The death of Paul Walker has further increased the popularity of the film.

Even if Paul Walker is a third-tier star at this moment, once Disney's publicity machine is started, he can be blown up into a first-tier Hollywood superstar, comparable to Tom Cruise.

A young couple came to an IMAX cinema under the Regal Cinemas in Santa Monica.

"Honey, what movie are we going to watch?"

"Go watch this, I heard it's good."

The girl suddenly saw the advertisement of "Fast and Furious 7" at the entrance of the cinema, and pulled the boy and said, "Why don't you go watch this, Paul Walker's last film."

The boy was a little reluctant: "But I'm afraid of what I heard. Vin Diesel has a bad temper and beats people."

"Are you watching him as a person, or are you watching a movie?"

"Watching a movie, of course."

"That's not the end. Why do you still care about those off-field factors?"

The boy thought so too, so he bought a ticket and went into the cinema with the girl. The quality of the movie also conquered the two of them, and the boy instantly forgot about Vin Diesel's incident outside the theater.

In fact, with the development of information technology, the electronic ticket purchasing system has become quite advanced.

After IMDB, several online ticket purchasing websites such as Rotten Tomatoes and Tao Movies have developed one after another. These platforms have accumulated users for themselves through various promotional activities.

Especially Tao Movie, it seems like a latecomer catching up.

Because Tao Movie was jointly established by several cinema chains and has the support of the cinema chains, the discounts are usually more generous.

What’s even more amazing is that Tao Movie not only sells movie tickets, but also peripheral snacks, such as popcorn and cola packages, as well as some peripheral product online stores.

At this juncture, with the help of mobile Internet information technology, everyone is exploring new business models, and Tao Movies is undoubtedly at the forefront.

IMDB is a website owned by Xigua Company, which in turn is controlled by Fruit Group, and the boss behind Fruit Group is Gilbert Jr.

According to North American antitrust laws, companies engaged in film production and manufacturing are not allowed to participate in film screening and sales, otherwise it will be a monopoly.

But through IMDB, Gilbert Jr. also indirectly participated in the operation of theaters, bypassing antitrust laws.

Of course, it’s not that no one reported it, after all, there are so many jealous people.

But faced with a new era and new ways of playing, even the federal government is not quite sure whether this can be considered a monopoly.

Moreover, once the gentlemen were lobbied, they blocked the antitrust investigation into Apple and IMDB in Washington, and then the matter was dropped.

In the past, young Gilbert was afraid of offending financial capital and was worried about this and that.

But now he is not pretending anymore and is directly launching mobile payment to challenge traditional financial business. So he started to develop online movie ticket purchase, Amazon online shopping, and value-added services of Banana Company and Watermelon Company.

With the support of a large number of Silicon Valley technology companies, mobile payment has become popular.

Although Wall Street has been promoting how unsafe mobile payments are, various financial and economic media have denounced the dangers of mobile payments.

But Silicon Valley also did not give in. For Silicon Valley, their purpose of supporting Gilbert Jr. was to seize power. Therefore, most Silicon Valley capital will do and support anything that is not conducive to financial capital, and the same is true for mobile payments.

Silicon Valley media such as Silicon Valley Technology Daily and Silicon Valley News Network have listed the benefits of mobile payment, such as being able to go out easily with just a mobile phone instead of a bulky wallet.

In August last year, mobile payment software Weifubao announced that it had reached cooperation agreements with multiple merchants, including retail giants such as Walmart, Costco, Kroger, and Target.

This means that mobile payments have moved from online to offline, making life much more convenient for people in North America.

Faced with the situation of mobile payment being pressed forward step by step, financial capitals are of course unwilling to give up. While launching their own mobile payment software, they announced that their banks would not cooperate with Weifubao.

But financial capital has overlooked one issue, which is the number of users.

You should know that the launch of Weifubao is based on the large number of users generated by Banana Company through social networking, and then connecting to the mobile payment system on the mobile terminal.

The Internet has an inertial user habit. Once a user gets used to using a software, it will be difficult for him to use other software with the same function.

By this time, Weifubao has formed the Matthew effect on the Internet, and the rest of the mobile payment software can only eat up the little market share it has left.

It has nothing to do with the bank cancelling its cooperation with Weifubao. Weifubao has opened a change function that allows users to keep their funds in their own accounts without having to connect with the bank.

More importantly, the interest earned on money kept in change is much higher than that in the bank.

Aiming at some users who have the habit of pre-consumption, Weifubao launched the Consumer Bao and Micro Loan services. Consumer Bao is equivalent to an online credit card, and the interest rate is lower than that of a credit card, and there is no annual fee.

As the name suggests, micro loan is a small loan service for users who are in urgent need of money. As long as their credit meets the requirements, they can obtain a credit limit.

How to get the credit limit? Of course, spend more with Weifubao.

Faced with Weifubao's series of combined punches, financial investors were dumbfounded. Every service launched by Weifubao was digging graves for the traditional financial industry.

Financial capitalists naturally opposed it, and then lobbied the bosses in Washington to ban the development of Weifubao.

But Silicon Valley investors have plenty of money. If you can lobby, why can't I? So they also formed a large lobbying team to lobby Washington.

With that scale, even the lobbying team serving the Squid Man would have to admit defeat.

So after several quarrels, the final result was nothing.

Steve Jobs later said: "Times are advancing, and those who stick to the old ways will eventually be eliminated by the times."

As the second-in-command of Silicon Valley capital, Steve Jobs was extremely important to Gilbert Jr.

Steve Jobs gave him the greatest support in saving his life. Now Gilbert Jr. can have a powerful influence in Silicon Valley, which is inseparable from the support of Steve Jobs.

In the face of this major defeat, financial capital still has one trick up its sleeve, and that is the stock market.

After all, many Silicon Valley companies are seeking to be listed on the stock market. If financial institutions like us don’t support them, how can you so-called technology companies break through?
It’s no wonder that this move really scared many startups and Silicon Valley companies seeking to go public.

Gilbert's opinion on this is that Silicon Valley Fund and Fruit Fund should provide support to those who have core technologies.

As for those things that have no core technology and rely purely on concepts to cheat money, just let them die and don't waste everyone's time.

Then someone asked: "What if these companies turn to financial capital?"

To this, Little Gilbert replied: "The world is ultimately material. Without actual products, everything is virtual." (End of this chapter)

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