When a new tycoon comes on stage, it will disturb the rhythm of all the people on the stage. No one knows the style of the new tycoon, whether it is conservative or radical, whether it is rational or paranoid. Once he makes any move, it will cause everyone's close attention. No one dares to take it lightly.

For Meg Whitman, Li Mu is such a new tycoon.

A month later, Meg Whitman didn't know who Li Mu was, let alone the ghost of Muye technology. But when the Chinese government launched the "Internet home" policy and personally promoted the development of the Chinese Internet industry as the government, the Internet tycoons in the United States heard the name of Li Mu for the first time.

When Li Mu's name first appeared in American media reports, people regarded Li Mu as a key figure to promote the Internet market in China. It's not important who he is. What's important is that his existence has opened a new era of vigorous development of the Internet in China, and has also given American Internet companies and capitalists an endless imagination Huge market.

But with the deep excavation of Silicon Valley media to Li Mu, YY, the software that amazed the world's elite, was dug into the tip of the iceberg. Then, YY, like a prairie fire, quickly swept across the United States and the world.

Li Mu's rise on the world stage is so fast that he has become famous in the Internet industry of the whole United States without even going out of the country. Because of this, Meg Whitman is also quite afraid of Li Mu, who has never met before.

According to normal thinking, young and promising people generally behave in a more radical way. On the one hand, they are young, and on the other hand, success comes too fast, so they take it for granted that success is very easy.

So, Meg Whitman is most worried about Li Mu's aggressive style and desperate to take PayPal. She is not afraid of Li Mu and Li Mu's Pastoral technology at all, but she is afraid of Li Mu's indirect impact on herself.

There was a stranger in the town. There was nothing to worry about. But once he began to contact his sweetheart in the town, everyone would worry: is he a charming gentleman or a devil who does everything by any means? If it is the former, he will let his sweetheart be overwhelmed by him; if it is the latter, he may defile his sweetheart by force one night.

Li Mu is an entrepreneur and his own boss. A failure in decision-making will not bring disaster to him. But for a professional manager like Meg Whitman, if there is a major decision-making error during his tenure, he will be fired by the board of directors.

Before joining a large enterprise, every high-end professional manager has signed a quite rich equity return agreement. However, there are many conditions for these shares to be obtained. First, they need to stay at their posts for a long time, and second, more importantly, they need to bring enough high returns to shareholders within the specified period.

Meg Whitman's equity incentive cycle is every three years. Up to now, the second three-year cycle is more than half. If Meg Whitman wants to meet the requirements of the board of directors and help the company's shareholders to achieve the required rate of return in this three-year cycle, he can get the next three-year contract, and after the three-year period, lift the ban and cash out A group of stocks, whose value is at least millions of dollars.

On the contrary, if Meg Whitman fails to meet the requirements of the board of directors for three years, not only the contract for the next three years is not settled, but also the stock incentive after the end of the three-year period will be completely lost.

For eBay, PayPal acquisition is the most important part of the current work. In case of failure, the blow to eBay's shareholders' confidence will be huge, so Meg Whitman demands that she must be nervous and never allow a young Chinese who just started to steal PayPal from her own hands.

Tom Anderson, eBay's vice president, who is directly in charge of the PayPal project, is under no less pressure than Meg Whitman. If he loses his hand with PayPal, Meg Whitman, as CEO, can at least survive the contract period, so he is not so lucky. At any time, Meg Whitman may bring him back.

So Tom Anderson immediately contacted Peter Teer after the meeting. On the phone, Tom Anderson said the first sentence: "Peter, what are you doing? We've been talking about the purchase of paypal for so long, you just run to talk to the Chinese people without saying a word of Hello, isn't that too much? "

Peter til was not surprised to hear from Tom Anderson. He smiled and said to Tom Anderson, "Tom, we have not signed any agreement of intent. We are still stuck on the price issue. Is there any problem in looking for other potential buyers at this time? If you eBay make some concessions on key issues, maybe we've already signed a contract. "

Tom Anderson was speechless all of a sudden. The two sides have been negotiating for a long time on the issue of acquisition. If we talk about the matter, we really have no right to interfere with each other to find other buyers, but the key is to invest so much effort and energy, show enough sincerity, but the opposite side, like bitch, is not grateful at all, and even get rid of ourselves to hook up with other people at any time, Tom Anderson was angry, of course, but when Peter Teer said that, he immediately felt a sense of powerlessness that could not be refuted.After a moment's hesitation, Tom Anderson said to Peter Teer, "if you have any objection to the key issues, we can sit down and talk about them. As long as we are sincere, we can reach a final consensus."

For Peter Teer, he has been moved by Li Mu's proposal. What he and Elon Musk are looking forward to now is that they can cash out part of PayPal shares in their hands, and then hold another part of shares for appreciation. If a wholly-owned company is acquired by eBay, the interest space is actually a little unimaginative.

Paypal for them is a piece of land in the heart of Manhattan. If they develop it by themselves, at most, it is a multi-storey building with 10 floors or less. If eBay buys it and develops it in the past, it is a skyscraper with 100 floors. Originally, eBay asked that: I pay for the land, you get the money and go away. How I play in the future has nothing to do with you.

Now, Li Mu has given them a new choice: you and I partner together, and we will force eBay to let us share together. Your land can be sold half for money to improve your life. This money is enough for you to buy a car, a car, a house, a forced outfit, a girl, a financial management and an investment.

As for the other half of the land, you can share with me this skyscraper with more than 100 floors in the future. Once the skyscraper is up, at least more than 20 floors are yours, which is not much more than the little money you sell the land for? If I work with eBay to make the foundation stronger, you will have at least 40 floors if the skyscraper has 200 floors in the future.

However, your own strength is not enough. If you want to leave me alone and play such a game with eBay, you can't balance such a huge enterprise with your strength at all. Therefore, if you want to participate in it, you can only adopt the strategy of coordination.

If you want to be in Qichu, you need to have both Qiguo and chuguo. If you only have eBay, you have to fight with eBay directly, and you still have a fart?

Only by bringing in Muye technology and making Muye technology and eBay become the state of Qi and Chu in the future PayPal pattern, can the original team of PayPal become tengguo sandwiched between the two countries, so as to ensure the balance of the game.

However, Peter til and Elon Musk didn't fully trust Li Mu. They first used Li Mu as a tool to check and balance eBay to seek the best interests. However, the two people with this goal were suddenly attracted by Li Mu's better plan. If Li Mu's plan can work, it will be better. But if this plan can't be implemented, they will still Back to the original plan, take Li Mu to force eBay to raise the purchase price.

Because of this plan, Peter Teer still wants to leave some room for Tom Anderson, so he said to Tom Anderson, "Tom, we meet with Li Mu, in fact, we want to leave ourselves a way back. This is also a normal business behavior. You don't need to be so sensitive. We will continue our negotiation with eBay, and we will continue with great sincerity As you said, if we can reach a consensus, we will naturally sign the contract without hesitation. "

Tom Anderson asked him, "what are your requirements for acquisition now? If it's convenient, you can give me a general idea first, or we can bring out the team in charge of the acquisition directly tomorrow and talk about it face to face. "

Peter til 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, NASDAQ opened at 9:30 a.m. New York time.

At this moment, it's just 6:30 a.m. on the west coast.

Elon Musk went to China to interview with Li Mu, and jointly announced to the media that Muye technology had plans to hold PayPal. The news has spread all over the United States since last night.

Both the Internet industry and the capital market in the United States believe that eBay is likely to miss PayPal. Even if it finally saves the hearts of PayPal's team and successfully acquires PayPal, I'm afraid the cost will be much higher than the previous $1.5 billion.

So, this is a real bad news for eBay's stock price.

EBay opened at $50.55, down nearly five percentage points from its closing price of $52.88 the previous day!

The influence of bad news began to show!