One morning, Elon Musk was completely moved by Li Mu.
For him who holds 11.7% of PayPal, whether PayPal can sell for $1.5 billion or $1.6 billion is not a big impact on his personal interests.
When Elon Musk raised PayPal's transaction price by 100 million US dollars, he created an additional 11.7 million US dollars for himself, but the amount is considerable, but if calculated by proportion, the additional 11.7 million US dollars is less than 7% of the total income.
However, if we cooperate with Li Mu to bring eBay in and share paypal with the three parties, we will have a chance to achieve more than 50% or even 100% of the original planned income in the short term.
In this case, Elon Musk had an idea in mind: bring eBay in anyway.
Near noon, Elon Musk asked Li Mu for an unmanned conference room and a laptop. Then he logged in to his YY and had a video call with Peter Teer, who was far away in Silicon Valley.
As soon as the video was connected, Peter Teer asked Elon Musk in surprise, "shouldn't you be meeting with Li Mu? Why did you surf the Internet all of a sudden? "
"Li Mu has seen through our tricks for a long time, and the content of the original talks is basically useless," Elon Musk said
Peter Thiel said in surprise, "did the Chinese see through? But it doesn't matter. I've released the wind to the media. Now eBay should be paying close attention. It doesn't matter what you talk with Li Mu. As long as we can make eBay worried, we will win! "
Elon Musk laughed at himself and said, "Peter, we all looked down on Li Mu. He not only saw through our tricks, but also dug a hole for us, waiting for me to jump all the way."
"What hole did he dig for you?" asked Peter Thiel in surprise
"Li Mu just gave me an offer. Let's help him get eBay in. I personally think this offer is very exciting, so I suspended the meeting with Li Mu first and borrowed a computer to communicate with you via video," said Elon Musk
Peter Teer was confused and asked, "put eBay in? What do you mean? "
"In a nutshell, Li Mu wants to take a stake in PayPal," said Elon Musk
Peter Thiel's expression immediately fell into a gloom and said scornfully, "it's really shit. At present, the capital behind us is complex enough. I don't want to add a new investor. You should know that we are going to sell the whole PayPal now, rather than finance it!"
"I know." "Don't get excited," Elon Musk said. "Listen to me before you comment."
Peter Thiel sipped and said, "OK, you can say it, but I can tell you clearly that if it's financing, I don't agree."
"Li Mu's idea is not to simply finance, but to combine with eBay to acquire most of our shares, to cash out all the capital behind PayPal at present, and then let our original team members cash out a part of their shares, and finally to retain a part of their shares together with Muye technology and eBay," said Elon Musk
"Joint ownership? Makino technology and eBay? What the hell? "
Elon Musk narrated the whole proposal of Li Mu to Peter thier in detail. During the listening process, Peter thier's expression gradually turned from disdain at the beginning to shock, and then to ecstasy, shouting: "oh my God! Oh-My-God! Oh-My-God!”
Elon Musk looks at Peter Teer in the video and asks him, "what do you think of Li Mu's offer?"
Peter Thiel, holding his head in both hands, said almost madly, "this offer is just wonderful! Once Muye technology and eBay share in PayPal, the market value of Paypal will surely increase dramatically, and the rest of our shares will be worth more money, with unlimited future! "
Elon Musk nodded and said with a smile: "there is no doubt about the strength of eBay and Muye technology. If they both take shares, I guess Paypal will not have additional financing in the future. It is likely that Paypal will be listed directly after a period of development. In the next two or three years, its market value will be more than 5 billion dollars. If it is listed, it is likely to exceed 10 billion. Then we will The shares in Li can be exchanged for hundreds of millions of dollars at least. "
Peter Thiel said: "the key is whether eBay will agree, what do I need to do here?"
"It's evening in San Francisco now," Elon Musk said? In this way, your mobile phone and all other contact information will be closed later. In this way, if eBay wants to contact you urgently, it can't establish contact with you. After meeting with Li Mu, I will go back and make a plan. Then I will send it to you offline with YY. After you arrive at the company tomorrow morning, you will send this plan to eBay to see if they are interested in it. If they are interested in it We are interested in the way that three parties hold shares. Let's make an appointment for specific communication. "……
As the CEO of eBay, Meg Whitman is in charge of a huge Internet empire with a market value of more than 16 billion dollars. As a woman, Meg Whitman has almost become the most successful female professional manager in the world.
has led many major capital operations in eBay, and has acquired many companies for eBay. EBay has been able to have such a high market value after the Internet bubble. It has become a model of occupation managers.
In recent years, Meg Whitman's most important work is to promote eBay's acquisition of PayPal and strive to put the whole PayPal into eBay's bag as soon as possible.
Meg Whitman also saw the current situation of PayPal, so she has been holding on to the offer of $1.5 billion without any concessions. She believes that Elon Musk and Peter Teer will accept the purchase price, which is just a matter of time.
However, she heard an unexpected news today: Elon Musk has gone to China! Moreover, she went to China to meet with Li Mu, who has a great reputation at present, which made her feel that the current form was very bad.
The famous name of Li Mu, Meg Whitman, has been heard. During this period, YY was in the ascendant in the whole western countries, and it was no different for a while.
As long as people in the Internet industry are concerned about Muye technology, and the 20-year-old boss behind Muye technology. A few days ago, YY and paypal cooperated deeply. On the first day of the opening of the payment channel, more than 10 million dollars were collected to top up. This data scared all Silicon Valley elites including Meg Whitman.
Because of the rocket like development of YY, the market value of YY is also rising. In terms of the current strength of Muye technology, it is not impossible to acquire PayPal.
Meg Whitman has been salivating for paypal for a long time. At first, she had regarded paypal as something in her bag, but Elon Musk suddenly met with Li Mu, which made her uneasy. For fear that Li Mu Zhen would reach an agreement with Elon Musk, cut off the beard halfway and take PayPal away.
Although eBay can also create a new payment channel by itself, it is easy for Meg Whitman to build a payment channel, but it is difficult to promote and popularize the payment channel.
Now eBay obviously doesn't have the experience to rebuild a payment channel, so PayPal is the best choice.
However, seeing that the acquisition plan is about to be achieved, Elon Musk unexpectedly went to China temporarily, which made Meg Whitman worried.
Just a few months ago, Meg Whitman led eBay's acquisition of Huaxia eBay. EBay officially entered the Chinese market. Although it did not form a direct competition with Li Mu's Taobao, it was all peers in the field of e-commerce in general and threatened each other to a certain extent.
Moreover, Li Mu's Taobao has made great progress in the Chinese Internet since its birth, and it is not impossible for him to develop globally like YY in the future. Therefore, in view of this, Meg Whitman speculates that Li Mu may consider purchasing PayPal, even if it is not for the sake of Muye technology, and for the sake of the global development of Taobao in the future, he will consider it carefully.
Meg Whitman is an old professional manager with many years of experience. She is well-informed. Because she has been immersed in large enterprises for many years, she knows the operation of large capital very well. On the capital level alone, she is much better than Li Mu and Bielon musk. However, experienced people will inevitably complicate problems when looking at them For this reason, she had a clear misjudgment of Li Mu at the beginning.
In fact, Li Mu didn't want to globalize Taobao at all for the time being. E-commerce involves too many offline links. The cost of globalization is very high, and it needs to have good government relations in various countries. He is far from so powerful to develop Taobao to all parts of the world. Therefore, in the next three or five years or even longer, Taobao's market positioning is the domestic market Field.
Taobao does not have a global strategy at present, so PayPal's significance to Li Mu is naturally much smaller. He does not need to spend a lot of money or a lot of shares to buy PayPal at this time.
Meg Whitman couldn't guess that, so she worried all day long that eBay would miss PayPal.
During the day, she called Peter Thiel many times to ask them what they thought. Seeing that the acquisition and cooperation with eBay are at the most critical time, Elon Musk went out to find other buyers. This kind of practice is against professional ethics, isn't it?
What's more, do they really think Li Mu, the Chinese, can give them a better offer than eBay? Muye technology doesn't have such a strong cash reserve at all. What they can do is share exchange, which is far less straightforward than eBay's all cash acquisition!
Although she was very dissatisfied, Meg Whitman controlled her mood and didn't take the initiative to contact Peter Teer. Instead, she called the core team to hold an overtime meeting to discuss how to promote eBay's purchase of PayPal as soon as possible and avoid long dreams. Even if the purchase price is increased, PayPal's idea of continuing to communicate with Li Mu must be cut off!As people debated 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 said to the crowd with cold face: "everyone, the latest news, ten minutes ago, Li Mu and Elon Musk of Makino technology announced to the media in China that Makino technology has plans to hold PayPal!"