Chapter 903
When the new tycoon comes on stage, it will disrupt the rhythm of all the people on the stage, because no one understands the new tycoon's style of doing things, whether it is conservative or aggressive, rational or paranoid, once he makes any move, it will arouse everyone's closeness. Attention, no one dares to take it lightly. "Qi←net"
For Meg Whitman, Li Mu is one such new tycoon.
One month forward, Meg Whitman didn't even know who Li Mu was, let alone what Muye Technology was, but when the Huaxia government launched the "Internet Going Home" policy and personally promoted the Chinese Internet industry as a government During the development, the Internet giants in the United States heard the name of Li Mu for the first time.
When Li Mu's name first appeared in the US media reports, everyone regarded Li Mu as a key figure in promoting the Chinese Internet market. He was a key. It doesn't matter who he is. It opened a new era of vigorous development of Huaxia Internet, and also gave American Internet companies and capitalists a huge market full of endless imagination.
However, with the deep digging of Li Mu by the Silicon Valley media, the software of Muye Technology, YY, which amazes the global elite, was dug out of the tip of the iceberg, and then, like a prairie fire, YY quickly swept the entire United States and the whole world.
The speed of Li Mu's rise on the world stage is so fast that he has not even been out of the country, and he has become famous in the entire American Internet industry. It is precisely because of this that Meg Whitman has never met Li Mu in his heart, There is also considerable apprehension.
According to normal thinking, young and promising people generally have a more aggressive behavior style. On the one hand, it is because they are young, and on the other hand, because success comes too quickly, it is taken for granted that success is very easy.
Therefore, what Meg Whitman is most worried about is that Li Mu's aggressive behavior style is desperate to win Paypal. She is not afraid of Li Mu and Li Mu's Muye Technology, but she is afraid that Li Mu will indirectly bring huge benefits to herself. influences.
There is a stranger in the town, this is nothing to worry about, but once he starts to contact his sweetheart in the town, who will worry about whether he is a charming gentleman or an unscrupulous devil? If it is the former, he will let his sweetheart be convinced by him; if it is the latter, he may forcibly defile his sweetheart in the middle of the night.
Li Mu is an entrepreneur, and he is his own boss. A decision failure will not bring him disaster, but for a professional manager like Meg Whitman, if there is a major decision-making error during his tenure, then he must be Get fired by the board.
Every high-end professional manager has signed a fairly generous equity return agreement before joining a large company, but there are many conditions to get this batch of equity. , is to bring a sufficiently high rate of return to shareholders within a specified period.
Meg Whitman's equity incentive is a cycle every three years, and now, half of the second three-year cycle has passed. If Meg Whitman wants to meet the requirements of the board of directors and help the company within this three-year cycle Shareholders get the rate of return they demand, they can get the contract for the next three years, and after the three years are up, they can unblock and cash out a batch of shares worth at least millions of dollars.
On the contrary, if Meg Whitman fails to meet the requirements of the board of directors for three years, then not only will the contract for the next three years fail, but even the stock incentives after this three-year period will be completely lost.
For eBay, the acquisition of Paypal is the most important part of the work at the moment. If it fails, it will be a huge blow to the confidence of eBay shareholders, so Meg Whitman asked himself to be nervous and never allow a new Huaxia young people took Paypal away from themselves.
Tom Anderson, vice president of eBay and directly responsible for the acquisition of the Paypal project,
The pressure at this time is no less than that of Meg Whitman. If Meg Whitman misses out with Paypal, Meg Whitman, as CEO, can at least survive the contract period. Meg Whitman took the blame.
So, Tom Anderson contacted Peter Thiel immediately after the meeting. On the phone, Tom Anderson's first sentence was "Peter, what are you doing? We have been talking about the acquisition of Paypal for so long, you guys. Going to talk to the Chinese people without saying hello is too much, isn't it?"
Peter Thiel was not surprised at all when he received a call from Tom Anderson, he smiled slightly and said to Tom Anderson, "Tom, we have not signed any agreement of intent, and everyone is still deadlocked on the issue of price. At this time Do we have any problems finding other potential buyers? If you eBay made some concessions on key issues, we might have already signed the contract.”
Tom Anderson was also at a loss for words. The two parties have been negotiating the acquisition for a long time. If it matters, he really has no right to interfere with the other party's search for other buyers, but the key is to put so much effort and energy into it and show enough. The sincerity, but the other party is not grateful like Bitch at all, and even throws himself away at any time to hook up with other people, Tom Anderson certainly has some anger in his heart, but when Peter Thiel said this, he immediately felt a sense of hopelessness. A sense of powerlessness to refute.
After hesitating for a moment, Tom Anderson said to Peter Thiel, "If you have any objections on key issues, we can both sit down and continue to talk. As long as everyone has full sincerity with each other, we will definitely reach a final consensus."
For Peter Thiel, he has been moved by Li Mu's proposal. What he and Elon Musk are most looking forward to now is to be able to cash out part of the Paypal shares in their hands, and then hold a part of the shares to appreciate in value. Wholly-owned was acquired by eBay, and the interest space is really unimaginative.
For them, Paypal is equivalent to a piece of land in the heart of Manhattan. If they develop it themselves, it will be a multi-storey building with less than ten floors at most. If eBay buys it and develops it, it might be a 100-story building. Skyscrapers, originally, eBay asked me to pay, the land belongs to me, you take the money and get out, how I play in the future has nothing to do with you.
Now, Li Mu has given them a new option. You and I are a partner. Let's force eBay to let us take a stake together. You can sell half of your land for money to improve your life. This money is enough for you to buy a car, a house, and a house. , It's time to pretend to be coercive, it's time to pick up girls, it's time to manage financial management, and it's time to invest.
As for the other half of the land, you can use it with me to invest in this skyscraper with more than 100 floors in the future. Once the building is up, at least more than 20 floors will be yours, which is no more than the amount of money you sold for the land. much? If I work with eBay to make the foundation stronger, in the future, if this skyscraper has 200 floors, you will have at least 40 floors.
However, your own strength is not enough. If you want to leave me alone and play such a game with eBay alone, with your strength, you will not be able to check and balance such a huge enterprise as eBay, so if you want to participate, you can only use Qichu’s Strategy.
If you think about Qi Chu, you must first have both Qi and Chu countries. If there is only one eBay family, you will directly fight against eBay yourself, and you will be a fart?
Only when Muye Technology is brought in, and Muye Technology and eBay become Qi and Chu countries in the future Paypal landscape, Paypal's original team can become the Teng Kingdom sandwiched between the two countries. Only in this way can we ensure the balance of the game. .
However, Peter Thiel and Elon Musk did not completely trust Li Mu. At first, the two used Li Mu as a tool to check and balance eBay to seek maximum benefits, but the two who held this goal were suddenly changed by Li Mu. Attracted by a good plan, it would be great if Li Mu's plan could work, but if this plan could not be implemented, they would still go back to the original plan and use Li Mu to force eBay to increase the purchase price.
Out of this plan, Peter Thiel still wanted to leave some leeway for Tom Anderson, so he said to Tom Anderson, "Tom, when we met Li Mu, we actually wanted to leave more room for ourselves, which is also a normal business behavior. , you don't have to be so sensitive, we will continue to negotiate with eBay, and we will continue with great sincerity. As you said, if everyone can reach a consensus, we will naturally sign the contract without hesitation. "
Tom Anderson asked him, "Then what are your requirements for the acquisition now? If it is convenient, you can give me an overview first, or tomorrow we will directly bring out the team responsible for the acquisition and talk face-to-face."
Peter Thiel said, "Let's meet and talk tomorrow. There's no need to bring the whole team out. Let's meet and talk alone."
...
The next day, at 9:30 a.m. New York time, the Nasdaq opened in the United States.
At this moment, the time on the West Coast is just half past six in the morning.
The news that Elon Musk went to China to interview Li Mu and jointly announced to the media that Muye Technology plans to hold Paypal has spread all over the United States since last night.
Whether it is the Internet industry in the United States or the capital market, eBay has a high possibility of missing Paypal. Even if it finally regains the heart of the Paypal team and successfully acquires Paypal, I am afraid the price will be higher than the previous $1.5 billion. much more.
So, this is really bad news for eBay's stock price.
eBay opened at $50.55, down nearly 5 percent from the previous day's closing price of $52.88!
The influence of bad news is beginning to show!