Paypal is like the grain of sand that will eventually turn into a bright pearl. It can only develop into a pearl in a suitable mother's body.
The suitable parent is eBay. Apart from it, it is difficult for any other platform to completely incubate Paypal.
Because of this, Li Mu clearly realized that he could not incubate Paypal, even if he had money, it would be difficult to do so.
Paypal had to be incubated in eBay's belly, and Li Mu wanted to take a bite out of Paypal in the future. The best way was actually to reach an agreement with eBay and everyone would invest in Paypal together.
Because eBay has a strong need for Paypal, it can take the majority share. I just want to take a ride on it and make more money in the future, so I can take a small part. Paypal’s existing shareholders include people like Elon Musk. In fact, it was a one-shot deal, and now they want to cash out, but if there are longer-term profits, they can definitely stay in this team, so they and eBay acquired the majority of Paypal's shares to let them make money first. , and leave a small part of the shares to them, so that they can have the opportunity to make a lot of money in the future.
If you do this, in the process of acquiring shares, you must use a contract to limit the cash-out speed of Paypal's original team. If you and eBay acquire 80% of Paypal's shares, if you need to pay 1.2 billion or several billion US dollars in cash, then this The money must be split up and given, and clearly written down how long it will take, how many times it will be given, and how much it will be given each time. What about Elon Musk, what about Peter Thiel, and think less about Silicon Valley and the world in the future. If you want to be an all-powerful person, you can honestly wait on eBay for a few years before talking about it.
In fact, for entrepreneurs like Elon Musk, if they can retain their shares and gain a future on the premise of cash guarantee, they will basically not refuse. Li Mu has seen it since his rebirth. I understand that many of the awesome characters in the previous life in 2002 were not as scary as they will be in the future. They were also growing. Before they were reborn, they had already evolved to their ultimate form. But now, there is still a long way to go before they grow into big monsters. More than ten years to go.
If we can convince people like Elon Musk to continue working on Paypal, and then trick eBay into it and let him incubate Paypal for him and himself, then Paypal will not only belong to eBay, but itself and eBay. Common children, can’t we eat meat now? And there’s not much to eat.
In addition, Li Mu feels that eBay will not refuse. The reason why they are eager for Paypal is because of the rigid needs of business development. Holding Paypal in their hands can solve many of their problems and potential crises, but there is no need to completely acquire it. It is absolutely a controlling stake. It's okay, not to mention gaining an ally. Makino Technology is currently gaining momentum, and any Internet giant in the world will never underestimate its existence. If YY and eBay are tied up in overseas markets to jointly conquer cities and territories in the future, then It’s really a great thing that is mutually beneficial.
Li Mu's decision was immediately approved by everyone!
Leader Lei even said excitedly: "If we can join forces with eBay to invest in Paypal, no more than 20% of the shares, our overall valuation will increase a lot. A Chinese enterprise has developed rapidly overseas and created more than 1,000 daily recharges." With an astonishing figure of 10,000 US dollars, it has also invested in Paypal, the world's largest payment channel, and reached a capital cooperation with the giant eBay. This concept is incredible!"
Ding Zhenglin, who is good at capital operations, also said excitedly: "If we can reach a unified consensus with eBay and Paypal first, and then publicize it, by then, the company concept will be amazing. With so many big moves coming one after another, our valuation will still be high." Higher, by that time, we have negotiated the C round, brought in the money and paid for the investment in Paypal, and everything is going smoothly and smoothly."
Kong Lingyu, who doesn't understand overseas capital markets, couldn't help but ask: "Can the U.S. government allow us to invest in Paypal? After all, it is a payment channel, which is quite sensitive..."
Ding Zhenglin said to him seriously: "Old Kong, the United States is not China, and we cannot consider the U.S. market based on China's situation, not to mention that there are several non-Americans among Paypal's current shareholders; in addition, almost all U.S. banks are private individuals. Banks, even banks, are privately owned. Payment channels are just using the Internet to open up bank transaction systems. The US government will not care. Besides, let’s not talk about payment channels and US banks. You know, even the US government Are the Federal Reserves that print dollars private institutions?”
Kong Lingyu was stunned: "Isn't it right? The 'central bank' of the United States is private?"
Ding Zhenglin shook his head helplessly: "Don't keep immersing yourself in writing code, occasionally understand the international situation..."
Kong Lingyu chuckled: "Okay, I'll go back and study it."
There is no doubt that the degree of freedom in the US market is very high, especially in the Internet industry. Let alone Makino Technology's investment in Paypal, if it is really rich, it will have no problem taking over Paypal.
At this time, Senior Brother Liu laughed and said: "This Elon Musk must have never imagined that he wanted to come over to have a friendly relationship, but before we met, he was plotted by Mr. Li. After he comes to China, he will definitely be confused. I was dragged into the car by Mr. Li, hahahaha!"
The entire conference room burst into laughter.
Indeed, if Li Mu really got Elon Musk and eBay involved in this scheme, it would be really awesome. Elon Musk ran over with the purpose of friendship, but the result was delivered to his door. Let Li Mu chew off a piece of meat. I wonder how he will feel when he learns the truth in the future...
Everyone is excited. The only question now is, when Elon Musk comes to China, will Li Mu be able to fool him and let him and Li Mu fool eBay in turn
However, everyone has great confidence in Li Mu. Li Mu's ability to persuade people is really extraordinary. Listening to him ramble on is basically like brainwashing.
…
At this time, Elon Musk, who was far away in Silicon Valley, was also extremely proud.
There is no doubt that he is preparing to leave for China this time with the fundamental motive of "friendship and porcelain". Why did he give favors to Li Mu first? What he was afraid of was that Li Mu refused to see him or was unable to spare time in a short period of time. See yourself.
If I can't see Li Mu, how can I put pressure on eBay? Now Paypal's team is negotiating with eBay at the most critical stage. The two sides are at a stalemate, and some external factors are urgently needed to break the deadlock.
eBay is currently holding on to its $1.5 billion offer, refusing to raise even a cent higher. Although Paypal's team knows that this is the highest offer and best condition they can get in the global Internet industry, they still think in their hearts. Try your best to raise the price even higher.
So what Elon Musk wants now is very simple. Show his goodwill to Makino Technology, show his goodwill to Huaxia Li Mu, and then go meet Li Mu. Li Mu is really an awesome person. He has been building it in China for more than a year. Having built two huge Internet empires and started to expand externally, eBay must be very afraid of him. Once he meets Li Mu, once eBay feels the pressure, the deadlock of the US$1.5 billion quotation may be broken.
If you ask Li Mu for a friendly visit, maybe what will eventually be reflected in eBay's quotation is an increase of 100 million, maybe 200 million or more.
Taking a step back, even if the price can be increased from US$1.5 billion to US$1.51 billion, this is a big improvement, right? Ten million dollars! If I can earn ten million US dollars by going to China, I will stay on the plane and never get off! Fly until you're fifty, then get off the plane and enjoy life.
Now that Li Mu has agreed to meet with him in three days, Elon Musk knows that his plan has succeeded, so he is in a particularly beautiful mood.
After asking his secretary to book a flight for him, Elon Musk began to actively arrange the team's next work so that he could prepare for his trip to China the day after tomorrow.
This time, Elon Musk is going to go alone. He wants to meet Li Mu, that young man from China who has created such brilliant achievements at the age of twenty. Even Elon Musk feels sorry for him in his heart. Li Mu was particularly impressed.
His partner Peter Thiel was very happy with Elon Musk's move. After Elon Musk finished arranging the work, he went to Elon Musk and said to him privately: "Elon, you When I go to China this time, I must try to have as much contact with Li Mu as possible. When the time comes, I will let the domestic media report it. As soon as the domestic media reports it, I will immediately slow down the negotiations with eBay. eBay will definitely be anxious by then. , once they become anxious, we will ask for a revaluation. If we are lucky, we may be able to sell it for one or two hundred million more."
Elon Musk nodded and said with a sly smile: "Don't worry, as long as you make a big move, eBay will definitely be under tremendous pressure. That Chinese Li Mu is still very capable, and eBay will definitely be afraid of it."
Peter Thiel said: "Maybe Li Mu is really interested in acquiring Paypal."
Elon Musk shook his head and said: "I don't think it is possible. Although Li Mu is very powerful and has enough strength to acquire Paypal, he has no reason to do so. At the moment, YY's overseas development is his top priority. And his Taobao will definitely not adapt to the American market, so Paypal is of little use to him."
Peter Thiel asked him: "Does eBay feel the same way?"
Elon Musk said confidently: "Don't worry, with eBay's current mentality, it is impossible for them to do an objective and in-depth analysis. They are like the little boys who just got together with the girl they are obsessed with. The girl is... At this time, even if he takes another look at other boys, he will be anxious, unconfident, and scared. He will not consider the possibility of the girl and that boy at all. It is so serious at just one glance. If the girl suddenly goes to another boy's house as a guest, What would he think?"
Peter Thiel smiled and said: "You are indeed the most sophisticated in this plan! Then I will be waiting for your good news in Silicon Valley!"
Elon Musk said confidently: "Don't worry, I'm sure this time, using China's Li Mu, we can help us increase our valuation by at least 100 million US dollars!"
(End of chapter)