Chapter 901 The Situation Is Not Good
In one morning, Elon Musk had been completely moved by Li Mu.
For him, who holds 11.7% of PayPal's shares, whether PayPal can sell for $1.5 billion or $1.6 billion has little real impact on his personal interests.
Every time Elon Musk increases the transaction price of paypal by $100 million, it is equivalent to creating an additional income of $11.7 million for himself, but the amount is quite considerable, but if calculated proportionally, the additional income of $11.7 million is still proportional. less than 7% of total revenue.
However, if you cooperate with Li Mu, bring eBay in and the three parties jointly hold PayPal, the additional income that can be brought to you will have the opportunity to reach more than 50% of the original planned income in the short term, and may even reach 100%.
In this case, Elon Musk has an idea in his mind: Anyway, bring eBay in.
Near noon, Elon Musk asked Li Mu for an unmanned conference room and a laptop, and then he logged into his YY to make a video call with Peter Thiel, who was far away in Silicon Valley.
As soon as the video was connected, Peter Thiel asked Elon Musk in surprise: "Aren't you supposed to be meeting with Li Mu? Why did you suddenly go online?"
Elon Musk said: "Li Mu has already seen through our little trick, and the content of the original meeting is basically useless."
Peter Thiel said in surprise: "That Chinese man saw through it? But it doesn't matter, I have already released it to the media, and eBay should be paying close attention now. It doesn't matter what you and Li Mu talk about, as long as it can make eBay anxious, We win!"
Elon Musk laughed at himself and said, "Peter, we all underestimated Li Mu. He not only saw through our tricks, but even dug a hole for us, waiting for me to jump from thousands of miles away."
Peter Thiel asked in surprise, "What hole did he dig for you?"
Elon Musk said: "Li Mu gave me an offer just now, and let us help him put eBay in. I personally felt that this offer was very exciting, so I suspended the meeting with Li Mu and borrowed a computer to communicate with you via video. a bit."
Peter Thiel was confused and asked, "Take eBay in? What do you mean?"
Elon Musk said: "In short, Li Mu wants to take a stake in paypal."
Peter Thiel's expression darkened immediately, and he said contemptuously: "What a piece of shit, the capital behind us is already complicated enough, I don't want to add a new investor in, you have to be clear, we are going to put The whole paypal is sold, not financed!"
"I know." Elon Musk said: "Don't get excited, listen to me and then express your opinion."
Peter Thiel pursed his lips and said helplessly: "Okay, you can say it, but I can tell you clearly that if it's financing, I don't agree."
Elon Musk said: "Li Mu's idea is not to simply raise funds, but to join eBay to acquire most of our shares, cash out all the capital behind PayPal, and then let us, the original team members, cash out part of the shares. , and finally leave a part of the shares to jointly hold shares with Makino Technology and eBay.”
"Joint shareholding? Makino Technology and eBay? What the hell?"
Elon Musk described Li Mu's entire proposal in great detail to Peter Thiel. During the listening process, Peter Thiel's expression changed from disdain at first to shock, and then to ecstasy. Excitedly shouted: "y-god!"
Elon Musk looked at the excited Peter Thiel in the video and asked him, "What do you think of Li Mu's offer?"
Peter Thiel held his head in his hands, and said almost madly: "This offer is amazing! Once Makino Technology and eBay jointly invest in al's market value, it will definitely skyrocket.
Our remaining shares will be worth more money, and the future is limitless! "
Elon Musk nodded and said with a smile: "The strength of eBay and Muye Technology is unquestionable. If both of them take shares, I guess paypal will not conduct additional financing in the future. It is very likely that after a period of development, Direct listing, in the next two to three years, the market value can reach more than 5 billion US dollars, if listed, it may exceed 10 billion US dollars, and the shares in our hands can be exchanged for hundreds of millions of US dollars.”
Peter Thiel said: "The key is to see if eBay will agree. What do I need to do here?"
Elon Musk said: "It's already night in San Francisco, right? In this way, your mobile phone and all other contact methods will be turned off later. In this case, if ebay wants to contact you urgently, there is no way to establish contact with you. I and After Li Mu meets, he will go back and come up with a plan. I will send it to you offline using yy. After you arrive at the company tomorrow morning, send the plan to eBay to see if they are interested. If they hold shares in this tripartite If you are interested in the method, then we will make an appointment to communicate in detail.”
...
Meg Whitman is in charge of a huge Internet empire with a market value of more than 16 billion US dollars. As a woman, Meg Whitman has almost become one of the highest-achieving female professional managers in the world.
She has led many major capital operations in eBay, and has acquired a number of companies for eBay, so that eBay can still have such a high market value after the Internet bubble. She has become a model for professional managers.
Recently, Meg Whitman's most important job is to promote the acquisition of al, and strive to get the entire paypal into eBay as soon as possible.
Meg Whitman also sees the current situation with paypal, so she has been holding on to the $1.5 billion offer without making any concessions. She believes that Elon Musk and Peter Thiel will accept this purchase price, It's just a matter of time.
However, she suddenly heard unexpected news today: Elon Musk went to China! Moreover, she went to Huaxia to meet Li Mu, who is now very famous, which made her feel that the current situation was not good.
Li Mu's name, Meg Whitman, has been heard. During this period of time, yy was in full swing in the entire western countries, and the limelight was always on the rise.
As long as you are in the Internet industry, you will basically pay attention to Muye Technology and the 20-year-old boss behind Muye Technology. A few days ago, yy and paypal cooperated deeply, and the first day the payment channel was opened, more than 10 million yuan was collected. U.S. dollar recharge, this stat scares all Silicon Valley elites, including Meg Whitman.
Because of the rocket-like development of yy, the valuation of its market value is also rising. With the current strength of Muye Technology, it is really not impossible to acquire PayPal.
Meg Whitman has been coveting PayPal for a long time. She already regarded PayPal as her own, but Elon Musk suddenly met Li Mu, which made her feel uneasy, for fear that Li Muzhen and Elon Musk reached an agreement, stopped halfway and took paypal.
Although eBay can also create a new payment channel by itself, for Meg Whitman, it is easy to create a payment channel, but difficult to promote and popularize the payment channel.
Now eBay obviously has no experience to rebuild a payment channel, and the acquisition of paypal has become the best choice.
However, seeing that the acquisition plan was about to be completed, Elon Musk went to China temporarily, which made Meg Whitman anxious.
Just a few months ago, Meg Whitman led eBay's acquisition of Huaxia eBay. eBay officially entered the Huaxia market. Although it did not directly compete with Li Mu's Taobao, it was generally a peer in the field of e-commerce. , each has a certain threat to each other.
Moreover, Li Mu's Taobao.com has just been born, and it has achieved huge development in China Internet. It is not impossible for yy to develop globally in the future, so in view of this, Meg Whitman speculates that Li Mu may consider it. The acquisition of paypal, even if it is not for Muye Technology, for the future global development of Taobao, he will definitely consider it carefully.
Meg Whitman is a veteran professional manager with many years of experience. She can be said to be well-informed. Because of her years of immersion in large enterprises, she knows the operation of big capital like the back of her hand. Li Mu and Elon Musk are much stronger than Elon Musk, and experienced people will inevitably complicate the problem when looking at problems. Because of this, she had an obvious misjudgment of Li Mu at the beginning.
In fact, Li Mu did not intend to globalize Taobao for the time being. E-commerce involves too many offline links. The cost of globalization is very high, and he needs to have good government relations in various countries. He is far less powerful than Taobao. The Internet has developed all over the world. Therefore, in the next three to five years or even longer, Taobao's market positioning is the domestic market.
Taobao does not have a globalization strategy at the moment, so the significance of paypal to Li Mu is naturally much smaller. He has absolutely no need to spend a lot of money or a lot of shares to acquire paypal at this time.
Meg Whitman hadn't been able to guess this, so she worried all day, lest she miss it.
On this day, she called Peter Thiel several times to ask what they thought. Seeing that the acquisition cooperation with eBay reached the most critical time, Elon Musk went out to find other buyers. This kind of practice is a bit unprofessional, right?
Besides, do they really think that Chinese Li Mu can give them a better offer than eBay? Muye Technology does not have such a strong cash reserve at all. What they can do is to exchange shares, which is far inferior to the all-cash acquisition of eBay!
Although there was a lot of dissatisfaction in her heart, Meg Whitman still controlled her emotions and did not take the initiative to contact Peter Thiel, but called the core team to work overtime for a meeting to discuss how to facilitate the acquisition of al as soon as possible to avoid Even if you increase the purchase price, you must cut off the idea of paypal continuing to communicate with Li Mu!
While everyone was arguing over whether to raise the price to $1.6 billion or $1.7 billion, Meg Whitman's assistant stepped into the conference room and whispered in her ear.
Meg Whitman's face suddenly became serious, and he said to everyone with a cold face: "Everyone, the latest news, ten minutes ago, Li Mu and Elon Musk of Muye Technology jointly announced to the Chinese media that Muye Technology has plans. Holding paypal!"
(To be continued., Your support is my biggest motivation.):51:19
(Sanqi Chinese 37zw)