Chapter 892

Why did Elon Musk attach so much importance to Li Mu? He even took the initiative to send people to the other end of the ocean. It's enough to send people. He can't wait to come to China to have an interview with Li Mu. What's his idea?

It's not just Li Mu who can't think, it's also others who can't.

In general, it seems that there are many possibilities, but after careful consideration, the assumptions are basically unreliable.

When everyone was a little confused, senior brother Liu said, "I don't know much about Elon Musk, but PayPal has heard for a long time that they are developing rapidly overseas. Will you hope to use Muye technology to enter the domestic market this time?"

Li Mu said, "if Elon Musk doesn't know that I have Taobao and Alipay, or I don't know about these two products, it may be possible, but Elon Musk should have done his homework in advance. He must know that I have more than Makino technology and Alipay. In such a case, how can I let his Paypal come in, and if he really wants to come in, find anyone else. I shouldn't have been called. "

Elder martial brother Liu nodded, "well, this kind of person should be able to do enough homework before implementing the plan."

At this time, Lin Qingya asked Li Mu, "President Li, this Elon Musk, should be a lot worse than you now?"

Li Mu said with a smile, "his PayPal should be worth more than one billion dollars, but his share should not exceed 20%."

Lin Qingya said with a smile, "that's far worse than you, so I think he must have something to ask of you, so he is so positive."

Li Mu asked her, "what do you think he asked of me?"

Lin Qingya said, "it must be about money to talk nonsense. To be sure, there are only a few motives for him."

With that, Lin Qingya said again, "either I want to invest in you, or I want to borrow money from you, or I want to do business with you, which are the possibilities."

Li Mu frowned, as if he had grasped some key points from Lin Qingya's words.

At this time, master Lei suddenly realized and blurted out, "I probably understand!"

Li Mu asked: "Mr. Lei, what's your opinion?"

"If I remember correctly, PayPal started the negotiation with eBay some time ago," said Lei

Li Mu didn't pay much attention to PayPal before YY became popular among overseas elites. But in my memory, the official purchase of PayPal by eBay should be this year, maybe in the next month or two? It should be at a critical stage of negotiations.

At this time, Lei said, "I think Elon Musk wanted to sell PayPal to you."

Li Mu was stunned.

"Sell me paypal? I can't afford it. It's more than 10 billion yuan. "

"Every American Internet bull is a half capitalist. Their entrepreneurs know more about capital operation than our entrepreneurs. There are several reasons for my consideration," said Lei

"First, Elon Musk is a bull and a businessman. Since he and other founders want to sell PayPal, they must try to make the most profits."

"second, PayPal has not many potential big buyers, that is, eBay and Amazon, but obviously eBay's enthusiasm is higher than Amazon's, so that's why PayPal has been talking with eBay about acquisition."

"third, YY is now very popular in the United States. It has created such a big response and such a high daily recharge flow in the U.S. market. The valuation must have soared. And Elon Musk must know that Makino technology is planning to finance round C recently, so he knows that you don't have enough money to buy PayPal now. I believe that there will still be money once you raise money soon Ability to acquire PayPal; "

" fourth, and most importantly, I think Elon Musk values YY and the future of Muye technology. Therefore, if Muye technology is interested in acquiring PayPal, he certainly does not want Muye technology to acquire in full cash. The best way is to be acquired by Muye technology in the mode of stock + cash. With Muye technology as a totem Flying Rockets; "

" fifthly, for Elon Musk, his trip to China is very low in cost, but it can bring huge pressure to eBay. Once eBay thinks that Muye technology is likely to reach cooperation with PayPal, it will definitely force them to increase the price of PayPal acquisition. After all, eBay not only has to worry about PayPal slipping through the fingers, but also about Taobao in your hand Worry about using PayPal to make Taobao overseas in the future! So for Elon Musk, if he comes to China for one visit, no matter what the outcome is, he will win steadily. If he reaches an agreement with you, his profit can be maximized. If he fails to reach an agreement with you, eBay will definitely give some extra premium to ensure PayPal's successful acquisition. "

Lei's comprehensive analysis made everyone think quietly after listening to it. Li Mu also deliberated on Lei's judgment from the bottom of his heart. The more he thought about it, the more reasonable he thought about it.Elon Musk is a smart man. He takes the initiative to give YY the highest rating and priority, and he also takes the initiative to promote YY in the United States. In fact, there is no cost to pay, but he actually makes a lot of human feelings here. So he said he would come to China to see himself, and he promised directly without any hesitation.

In addition, it doesn't matter if Elon Musk doesn't get a positive response. PayPal, as an intermediate payment channel, endorses YY in the American market, which is to release an atmosphere of love and ignorance to the American market. Especially for companies like eBay, when they see the love and ignorance of PayPal and Makino technology, they will feel very anxious When goeron musk comes to China to meet himself, it will only be more anxious for eBay.

After a moment's deliberation, Li Mu's heart was clear and clear. Looking at the Lord Lei, he said with admiration, "the general analysis of Lei is very deep. I think your speculation is possible."

Others are also very much in favor of Lei's conjecture, because in any case, his conjecture is the most tenable.

At this time, Lei said with a smile, "thanks to Mr. Lin's warning, I can understand the key."

Lin Qingya said with some embarrassment, "Mr. Lei, you're so kind. I'm just casting a brick to attract jade..."

Elder martial brother Liu laughed and said, "don't be modest. Now is not the time for modesty. Let's think about it. If Elon Musk really wants to sell PayPal to Makino technology, is it necessary for Makino technology to take it down?"

PayPal is the largest and most mature payment channel in the world. There is no doubt about this. If we can swallow such a huge thing in the payment field, it will really improve the technology of Muye. No one will doubt about this. But the most important thing is that PayPal's valuation is too high. If Muye technology can stand up again, and at the same time, it will rush again in the overseas market In a rush, biting one's teeth is estimated to be able to stand on the valuation level of RMB 450 billion. Of course, it does not exclude the possibility that the capital market is extremely optimistic, flocking to and giving a very high premium.

However, RMB 450 billion, corresponding to about USD 6 billion. Li Mu and other shareholders will not accept too much dilution, so 10% is the best choice, but 10% can only bring in USD 600 million. PayPal acquisition needs more than USD 1 billion, which is still a big hole.

What about a big hole? If there is no money, you can only take shares to make up for it. I believe Elon Musk is the same idea, in exchange for some cash, and then merge PayPal into the system of Muye technology. In the future, Muye technology will take off, and Paypal will also take off. It's much better than packaging and selling it to eBay at one go, and it's irrelevant from then on. The imagination space will be bigger. However, if Li Mu buys paypal with half of the cash and half of the shares, it means In addition to diluting 10% of the shares to the capital, we should also dilute 10% of the shares to PayPal's team.

This ratio is too high!

PayPal is powerful, but Li Mu is not sure, because he has no egg to use.

In other words, in the next few years, Paypal will be useless for Makino technology. If you give PayPal to yourself now, it will probably die in your own hands in a short time. The reason is very simple and there is no strong platform support.

wants to maintain the market share of the payment channel, and it must rely on the electronic business platform. In the past life, Alipay has survived and expanded because it can be attached to Taobao and Alibaba. The online trading volume of these two platforms is enough to enable Alipay to become a world-class payment channel on the transaction volume, and Paypal can shine brilliantly in the future. It is closely related to eBay's global development in previous years.

if Alipay does not have the support of Taobao and Ali bar, the payment channel will gradually become desolate, because other e-commerce platforms will set up their own payment channels, and will not be heteronomy on the payment issue. By then, Alipay's value will be lower and lower. Users will find it difficult to use Alipay when they are unable to pay for many platforms. He will gradually give up it and choose others;

because of this, Li Mu feels that he has no ability to support paypal as a huge payment channel in the world. Relying on the flow of Muye technology, he can only do one of PayPal's numerous access enterprises at most. It is far from enough to support PayPal if he takes PayPal, EB The global e-commerce enterprises such as ay and Amazon will immediately develop their own payment channels. No matter how difficult or laborious they are, they will not let the payment channels be controlled by other enterprises.

Li Mu knows that he can push YY overseas and use an excellent popular product of four or two kilos. But he can't push Taobao overseas in a short time, or even in the next few years. The cost is too heavy, and there's no more than 10 billion dollars of plate support. It's basically a dream to go to the developed countries to make e-commerce bigger. So PayPal is right It's even more meaningless to ask him to dry his eggs?So on the whole, if Elon Musk wants to sell PayPal to Li Mu, Li Mu will definitely refuse it, but Lord Lei is right. Maybe Elon Musk himself knows that Li Mu will refuse, but it doesn't matter. This time, he came with the attitude of "friendship meets porcelain". Li Mu has promised to meet. As long as two people meet, Elon Musk will have the resources Ben went to eBay, or forced eBay to offer more benefits.

Li Mu thought of this place. He couldn't help smacking his mouth, shaking his head and sighing, "Elon Musk is really not an ordinary man. How can he see that he has properly expropriated me this time?"

Said, Li Mu helpless smile: "but it doesn't matter, after all, they first sent me a human feelings, in the feelings of reason I have to return to him."

"It's a pity that we are not strong enough to digest such a huge thing as PayPal," said Lei

Li mudian nodded: "no matter who PayPal is sold to, as long as it is sold to a strong, global online trading platform, it can certainly be bigger and stronger. After a few years of incubation, it will be no problem to split it up and go public independently in the future."

Elder martial brother Liu couldn't help but say, "if PayPal has the right maternal development, it must be at least a $10 billion product, right?"

"Thirty five billion dollars is OK," Li Mu said with a smile

Elder martial brother Liu regretted: "ah, I know that a little girl will grow very beautiful in the future, but can you touch her now What a pity... "

Li Mu was shocked. His chin almost fell to the ground. He took off his mouth and said: "my grass, elder martial brother Liu, your idea is very dangerous! Don't think about it! Stay with sister Jing. Don't worry about those girls who are in their teens or twenties younger than you. They are against the criminal law, you know! "

Elder martial brother Liu was stunned and said, "I will go. Where do you want to go? For example, how could a person like me be really interested in a girl in her teens or twenties... "

Li Mu looked at him carefully and said, "be careful when you talk big!"

Elder martial brother Liu felt puzzled. He didn't understand how Li Mu reacted to his metaphor and let Li Mu have such a big reaction.

Li Muxin said that he really needs to guide elder martial brother Liu's three views. In the future, you should never marry a girl 20 years younger than you in public. Such a big entrepreneur can't do this easily.

After reading this article, Li Mu thought that elder martial brother Liu's metaphor was a little interesting. Now he knows that he can't afford PayPal, and there's no use for eggs. But it's meat pain. You need to know that this product will be worth at least 50 billion dollars in the future, and now it's worth 1.5 billion dollars. It's just missed. It's estimated that meat pain will come to mind later.

At this time, Li Mu kept pounding on the table, as if he was talking to himself, and said loudly: "grandma, you say that I can't swallow all this. It's good to let me bite a piece of meat! I don't want to take it all, I want to eat a piece of meat! "

Others can't help laughing at the way Li Mochou scratched his heart and liver. In their eyes, the boss was really shocked by PayPal.

Li Mu grinned and thought for a long time. Suddenly, a flash of inspiration came out. When everyone was relaxed, he suddenly slapped the table: "ah! I think of it! "

Other people looked at each other: "Mr. Li, what do you think of?"

Li Mu said excitedly, "look, is there any possibility? When Elon Musk comes, once he proposes to let me purchase or merge PayPal, I will stabilize him first, and let him and his partners not rush to sell PayPal, then we will pull them, or they will pull us, both sides will go to negotiate with eBay, and let eBay not think about it With a wholly-owned acquisition of PayPal, how good is it for the three parties to cooperate and share PayPal together? "

When they heard this, they were surprised.

Speaking of this, Li Mu's eyes were also full of wolf like light, and he said excitedly: "think about it, even though we have a Taobao in addition to Muye technology, we still have no direct conflict with eBay, a platform of personal auction nature. Moreover, Muye technology has such a strong momentum of globalization, and eBay's goal is also global development, as long as everyone enters together We can use paypal as a link to join hands with YY and eBay to achieve mutual benefit and common development in overseas markets. I think eBay will also be attracted by this proposal, right