VIP Class Notes (Tibo) [S/W]

What can fintech companies learn from game companies?

watch about capital one in the us and coffee banks on youtube

plan bring me some places -> they plan to bring me to some places

you should know some people more -> know people better / connect with people on a deeper level.

once she knows that I know.

how are my feelings about her -> how I feel about her

lots of eyes watching on you, -> lots of eyes watching you. 

how the games  or apps  encourage consumer to spend their money much more than expectations.
you don’t know either about …/ you have no idea how much it really is / you lose track of money / the virtual currency makes it hard to know how much you are spending..
you tend to pay it via credit card without conciousness / payment is so painless that you don’t realize you are spending money.

First of all, American are more straightforward in communication and expression. However Chinese and Japanese will do vice versa. In terms of expressing one’s opinion, American will express in a direct way but Chinese will state lots of irrelevant topics instead of straightforward communication .In terms of showing one’s anger, American will express unhappiness on their faces and Chinese will bury the unhappiness deeply in their heart without showing that they are obviously not happy .
Secondly, American pursue the life balance between work and life and maximizaiton of happiness during their work . However, Japanese and Chinese will be inclined to devote themselves to work and volunteer to work overtime without OT payment and extra compensation leave . I heard a story from Alipay company , IT normally work overtime to late at night to go home . Their wives are normally stay-at-home wives and they will open a wechat group to chat with each other . I heard that wechat group name is widow wife group because they cannot see their husband for a long time because their husbands are devoting themselves to work .
In a nutshell, I am more in favour of American life instead of Chinese life .

First of all, Americans are more straightforward in communication and expression. However Chinese and Japanese aren’t like that / are more reserved. In terms of expressing one’s opinion, American will express in a direct way/go straight to the point but Chinese will state lots of irrelevant topics instead of straightforward communication/ Chinese will beat around the bush.
In terms of showing one’s anger, Americans will express unhappiness on their faces/ for Americans, their facial expressions will show their unhappiness / their unhappiness will show on their face.
and Chinese will bury the unhappiness deeply in their heart without showing that they are obviously not happy  / Chinese won’t show any signs of unhappiness / their face won’t let you guess they are unhappy . they will keep a poker face.
Secondly, Americans pursue a balance between work and life / a work life balance and maximization of happiness during their work/ and strive to make the office an enjoyable place / strive to make work fun . However, Japanese and Chinese will be inclined to devote themselves to work.  They even volunteer to work overtime without OT payment and/nor extra compensation leaves .
I heard a story about Alibaba, the IT department normally works overtime till late at night. Their wives are normally stay-at-home wives/housewives and they will open a wechat group to chat with each other . I heard that wechat group name is widow‘s wife group because they cannot see their husband for a long time because their husbands are devoting themselves to work .
In a nutshell, I am more in favour of American life instead of Chinese life .

Vocabulary

credit card stratement : the statement describing what you spent every month.
I don’t want to receive my credit card statement so I moved to a new house.

compartments : specific places where you put something
This way of working is too compartmented.

to monetize : to find ways to make money
A lot of social networks put ads to monetize users time.
Since our app is free we need to find a way to monetize it.

monetization strategies 
One common monetization strategy of free app is using ads.

to skip : to go to the next one
I don’t like this song, lets skip it.
Are ads skippable if I buy the VIP pass on Iqiyi?

Texas hold’ em : poker style

susceptible : likely
Tom is susceptible to accept a low offer since he has been jobless for 3 months.

unobtrusive : doesnt get the way.
Having ads underneath a movie rather than one ad break is more unobtrusive.

obtrusive : gets in the way / putting obstacles / noticeable
The LV logo is way too obtrusive.

whale 🐳
A huge player (monetary)
Tom made a whale move on gold
Tom is a whale in this game, he spends more than 10,000USD per month in crash of clans.

to wipe out: to clear / to destroy
Apple wiped out the market when they released the first iPhone
ICBC wiped out its competitor from the market.

poker face: face which doesn’t give any hints / emotion

Grammar

to plan to do something
I am planning to go to Japan for the week end.

to encourage someone to do something.
He encouraged the student to review the homework before the test.

I heard from Tom that …
I heard about the accident