Elon Musk was given a sentence by Li Mu.
Before he came here, Elon Musk had rehearsed countless times. If he wanted to sell PayPal to Li Mu, what would Li Mu say.
In his opinion, 90% of Li Mu, a 20-year-old man with such a fortune, would not consider buying PayPal, because in his current form, PayPal means a lot to him, and the development space of YY must be much larger than PayPal, so it's a big loss to use YY's shares to merge PayPal. Li Mu can't do that Yes.
Therefore, in Elon Musk's view, Li Mu's greatest possibility is to decline himself in various ways.
For example, he might ask himself, "what do you think PayPal means to YY or Makino technology?"
Or Li Mu Hui said, "I don't think YY needs PayPal at present."
In short, Elon Musk concluded that 90% of Li Mu would decline his marketing intention.
But he didn't really want to sell PayPal to Li Mu. He just wanted to use Li Mu to put some pressure on eBay to break through the price stalemate between the two sides.
However, he didn't expect that Li Mu didn't play the card as he expected, and said, "I have this idea!"
This made Elon Musk dumbfounded. He calculated countless possibilities, but he didn't figure out that Li Mu would say such words directly.
To say the least, even if Li Muzhen is interested in PayPal, according to the normal logic of the shopping mall, he takes the initiative to sell, and Li Mu takes the absolute initiative, so he should never say that he has the idea of acquisition, because once his intention is exposed, his initiative will be lost.
Normally, even if Li Mu really has this idea, he should pretend that he is not very interested in it, and then wait for his further promotion, and then ask about the price grudgingly.
Therefore, Li Mu has 10000 possible answers, but he chose the most unlikely one, which Elon Musk never expected.
In a moment, Elon Musk felt a bit confused, but after a moment, he adjusted himself immediately. Then he said to Li Mu, "Mr. Li is very interested! We can have a deep talk on this topic. "
Li Mu nodded and said, "then you can make a direct offer. I know you should be talking about the purchase with eBay now. You should make a price first, and I will consider it."
Elon Musk thought that eBay is willing to give a price of 1.5 billion dollars now. He came here to raise the price. If the Chinese really want to buy it, it doesn't matter. As long as the price is in line with the expectation, no matter who buys it, he and his partners as well as the investors behind the scenes will join hands.
So Elon Musk said to Li Mu, "Mr. Li, our current offer is to buy two billion dollars in a package."
"Two billion?" Li Mu smiled and said, "I'll say two things. First, the price is expensive; second, I can't afford it. Muye technology doesn't have so much cash, even if it's round C, it can't get so much cash, so even if I'm interested in acquisition, I can only adopt the way of cash + shares merger and acquisition. I accept paypal, and you become the shareholder of Muye technology. "
Elon Musk immediately said: "there is room for adjustment in the offer. As for the cash + share merger, I have no opinion on this way. It mainly depends on how much cash and shares you are willing to give."
When he said this, Elon Musk's mood had been relaxed a lot. Although he didn't expect Li Mu would answer as before, he thought carefully that Li Mu was interested in PayPal, which was a great good thing for him that had all benefits but no harm.
If Li Mu is interested in PayPal, even if he can't talk it out, his attitude will bring a lot of pressure to eBay, which will eventually force eBay to raise its bid price;
if Li Mu's conditions for merger and acquisition are more favorable than eBay's, he will sell PayPal to him directly, and everyone will take part of the cash and share of Muye technology. In this way, in the near future, he will Come on, I'm afraid shares alone are a huge amount.
Li Mu smiled and said, "Mr. musk, I want to ask you a personal question."
"Mr. Li, please," said Elon Musk
Li Mu looked at him and asked with a smile, "do you want to get PayPal out of hand completely and change it into other fields, or do you want to continue to struggle in paypal for a while and win a bigger future?"
Elon Musk was stunned. He didn't expect that Li Mu would ask himself such a question. Of course, he was inclined to get rid of it completely. Since the beginning of this project, there have been several times when he took the wrong route because of his immaturity. It's like a painter's first work. Although it's amazing enough, the painter knows that there are many places in it, There are better ways to write, color and present, but it's too late to save.So in this case, Elon Musk would like to take PayPal out of his hands completely, and then take the report obtained from this first work and put it into the new work. Everything in the new work starts from scratch. With previous experience and lessons, he can achieve his goal in a better way.
However, Elon Musk wondered why Li Mu asked? Does he want to keep fighting in paypal? In other words, he wants to be CEO after PayPal acquisition?
So Elon Musk asked Li Mu, "Mr. Li, what do you mean?"
Li Mu smiled and avoided answering his questions. Instead, he said, "Mr. musk, if you can, please answer my question first."
Elon Musk nodded, thought for a moment, and said, "for me, I do prefer to pack paypal and sell it, and then invest in other areas with cash."
Li Mu asked him, "is it because you have no confidence in PayPal's future?"
Elon Musk said that Li Mu's question is really sharp. How should he answer it? If you really don't have any confidence in PayPal's future, it's to slap yourself in the face; if you have confidence in PayPal, then what you just said is somewhat inconsistent, because if you have confidence, how can you think about packing and selling?
I quickly thought of several statements in my mind, and Elon Musk said: "it's not that I don't have confidence, but I think PayPal is the blood vessel of e-commerce. Enterprises interested in PayPal are more inclined to wholly-owned acquisition, because only wholly-owned acquisition can make them feel more at ease. If we are the original team, we still retain certain shares Share is a huge destabilizing factor for buyers. "
Li Mu spread out his hand and said seriously with a face: "I don't think so. If your original team continues to hold a certain share, I personally can accept it, and I think it's better."
Elon Musk asked him in surprise, "Mr. Li, do you want to join paypal or buy?"
Li Mu smiled and said, "well, I'm inclined to be a shareholder but not a shareholder, and I'm inclined to be a shareholder in paypal with eBay."
Elon Musk's eyes were blank: "do you want to join eBay in paypal?"
Li Mu nodded: "yes, my idea is to let eBay take control of PayPal. Muye technology will take another part of the shares. First, let all the capital behind PayPal take the money to cash out, and then you can cash out some of the shares of your original team, and then keep some of them. We will work together to make PayPal bigger. At the same time, you are the CEO of PayPal."
"Mr. Li, eBay is very tough in buying PayPal. They have always insisted on a wholly-owned acquisition. Now we have accepted the proposal of a wholly-owned acquisition from the psychological point of view. The biggest problem is that the price has not been agreed, so I don't think eBay would like to share paypal with you."
Li Mu said with a smile, "after all, you and I are meeting here now. Even if eBay's attitude was tough before, it should be worried now. As long as there is worry, it will be loose."
Elon Musk's expression was a little embarrassed. In his opinion, Li Mu said this in a light way, but he had pointed out his real purpose directly. This time, I just wanted to meet with Li Mu to loosen eBay's attitude. Did Li Mu realize his motivation?
Thinking of this, Elon Musk asked tentatively, "Mr. Li, do you want to put pressure on eBay to give up its wholly-owned acquisition?"
Li Mu nodded and said with a smile: "there is an old saying in China that people don't speak in dark. To tell you the truth, PayPal is not very useful to me in the future, but I think PayPal is a very promising payment product, so I hope to participate in it to some extent, so eBay needs to give up the plan of wholly-owned acquisition of PayPal and consider with Mu Mu Ye technology and your original team share in this way, PayPal can continue to develop as an independent company, rather than directly become a payment channel in eBay's hands. "
Just after that, Li Mu looked at Elon Musk, with a thoughtful smile on his face, and said: "in fact, Mr. musk, you are here in China for the purpose of exerting pressure on eBay by using the technology of Muye? In this case, it's better for us to help each other. If you want to make more money, I want to invest in PayPal. Let's cooperate with each other and set up a bureau for eBay to let him jump in with a higher valuation, so that we can achieve their own goals. As long as Muye technology has successfully invested in PayPal, if your original team can't wait to get rid of it completely and don't want to involve in any relationship with PayPal in the future, then I won't force it. "
Elon Musk was stunned! I didn't expect that I wanted to use Li Mu to put pressure on eBay this time, but Li Mu suddenly put forward an obviously well thought out share plan, so it seems that he had already seen through his fundamental motivation to see him in China this timeThinking of this, Elon Musk couldn't help but ask himself, "is this a routine given by Li Mu? Does he want to use him to force eBay to raise its price, or does he want to use himself to force eBay to give up its wholly-owned acquisition so that he can participate in one of them? "