Chapter 902: The Worst Result Acceptable

The news that Muye Technology wants to control paypa1 was released by Li Mu and Elon Musk together in Yanjing. Although the Chinese people don’t know much about Elon Musk, the media, especially online media, still don’t know much about Elon Musk. It is relatively familiar that one of the founders of paypa1, the executive officer, came to China to find Li Mu to worship the pier. This is not a small news in itself, not to mention it is also something that can enhance national self-esteem, so the Chinese media are all concerned about this. Showed great enthusiasm. 』┡ Novel 』

Elon Musk didn't want to express his intention to worship the dock so directly. Before coming, he just wanted to play for eBay, pretending to talk to Muye Technology about paypa1, but he was dragged by Li Mu when he didn't expect it. car.

There is no way, Elon Musk really can't refuse the offer proposed by Li Mu. If he and other paypa1 teams want to talk to eBay about the shareholding between the two parties, the possibility is not very high, and it is necessary to pull the company such as Muye Technology. Only large companies with strength and resources can turn eBay into the car.

Therefore, after accepting Li Mu's offer, Elon Musk has decided to fully cooperate with Li Mu, and both parties will join eBay together. As long as eBay holds the controlling stake, everyone can benefit from it.

As soon as the news of Huaxia Enterprise's interest in controlling American companies came out, it set off a wave of public opinion in China. Recently, Li Mu has almost become a professional headliner on the front page of domestic news. Come out, even more so this time. Most Chinese people don't know what the hell paypa1 is, let alone what kind of onion Elon Musk is, but when I heard that it was an American company with a market value of more than one billion US dollars, and they made a special trip Huaxia asked Li Mu to pay a visit to the dock, and everyone immediately began to take the initiative to learn about paypa1, to see what kind of company this was eager to hug Li Mu's thigh.

eBay is originally a multinational company with very sensitive information acquisition channels. In addition, eBay itself has a branch in Huaxia, so it has a better understanding of China's industry trends. Meg Whitman is leading the core team to work overtime for meetings. At that time, the person in charge of eBay on China's side had already sent the email to Meg Whitman's assistant.

Paypa1 is eBay's largest strategic layout at the moment. The one-billion-dollar plate accounts for almost one-tenth of the entire eBay market value. If paypa1 is won at a reasonable price, it will benefit eBay a lot.

The biggest advantage in business is that it has its own payment channel, and this payment channel has a considerable foundation in all countries around the world;

Not to mention the benefits at the capital level. eBay is a listed company, and its current market value is 1.6 billion. Buying paypa1 for over a billion dollars can make a big news in the stock market and capital market, and it is also true for eBay. A big piece of good news is that there will be at least one round of surge in the stock price. As long as the market is highly recognized, it is easy to increase the market value by 2o%, and it is not impossible to increase the market value by 3o-5o%. The cost of the final acquisition is basically all passed. The increase in share price made up for it.

The capital market is extremely sensitive, both in the United States and in China. In the China stock market, if a listed company seizes the opportunity to tell a story to the people of the whole country, it is very easy to exchange a piece of good news for several daily limits. Muye Technology is a company listed on the Huaxia Main Board. Just the news of Elon Musk's pier, without waiting for Muye Technology to actually become a stake in paypa1, can bring a round of daily limit to the stock of Muye Technology.

However, the sensitivity of the capital market is also a double-edged sword. Positive news will increase the stock price and market value, while negative news will also reduce the stock price and market value.

Because of this, Meg Whitman is absolutely reluctant to see eBay miss out on paypa1.

In her opinion, ebay must take paypa1 down,

If the team of paypa1 does not agree with the price of 1.5 billion US dollars, then increase the price. In short, paypa1 must not fall into the arms of a Chinese enterprise.

The capital market now knows about eBay's acquisition of paypa1, and also knows that it has reached the most critical stage of acquisition. For all eBay shareholders and investors, everyone is almost waiting to open champagne to celebrate eBay's successful acquisition of paypa1. The bamboo basket is empty, and once the capital market is disappointed, eBay's own stock price and market value will definitely suffer from this negative sentiment.

Out of this consideration, Meg Whitman said to the entire core team with a cold face: "Now is not the time to argue about whether to buy paypa1 for 1.6 billion or 1.7 billion. The most important thing now is to figure out what the paypa1 team is. want."

After all, Meg Whitman said to a white male in his forties: "Tom, you have been following the paypa1 acquisition. The paypa1 team has made such a big move, do you have any explanation?"

The white male named Tom was eBay's vice president of acquisitions, and seeing Meg Whitman holding himself accountable, he had to stand up and say, "In my opinion, the possibility of the paypa1 team bluffing this time is also very likely. Great, after all, Muye Technology has only announced this plan, and has not reached a real cooperation intention."

Meg Whitman said: "If only Elon Musk went to China to meet Li Mu, I would like to believe that they are bluffing and want to raise the price, but now that he and Li Mu have taken the initiative to announce the news to the media, is it still a bluff? Is it? Li Mu and Elon Musk have no friendship, what reason is there to help paypa1 bluff?"

Tom said: "The key is that I really can't think of any reason for Muye Technology to acquire or control paypa1 at this stage. Their capital is not strong, and they have not been listed. At this time, the funds should be used to promote the core business. Common sense."

Speaking of this, Tom added: "Before Elon Musk went to Huaxia, our negotiations as a whole were following the established route. Although they were a little dissatisfied with our offer, the entire Internet industry could offer 15 We are the only one who bought paypa1 for US$100 million. According to our speculation, the paypa1 team should sign a contract with us within a month, but we did not expect that paypa1 suddenly had a business relationship with yy, and the two even came into being. After some interaction, Elon Musk suddenly went to Huaxia, all of which happened very suddenly and we didn’t expect it.”

Meg Whitman looked at him, frowned and asked, "You said so much to tell me that you are not responsible for this, right?"

Tom hurriedly said: "Since I am following up on this project, I will be responsible for any unplanned mistakes in the project. I will never deny this."

Seeing that Meg Whitman's expression eased a little, Tom continued: "I just want to say that we need to analyze the motives of paypa1 and Makino Technology more deeply. If it is simply using money to invest in shares or acquire, where is the paypa1 team? I can't find an offer that can compare to eBay. If Makino Technology really wants to hold paypa1, and paypa1 is willing to give up the plan of package sale and let Makino Technology hold it, then they must have reached cooperation at other levels, but what is it? The level of cooperation and what kind of cooperation has been reached, this is what we need to figure out as soon as possible.”

Meg Whitman was awakened by Tom's words.

Since she received the news, her heart has been a little anxious. After the news that Muye Technology and Elon Musk jointly announced the holding intention to Huaxia Media, she was a little confused, but she didn't think about it in this direction for a while. , Tom's proposal is very important. Now ebay must figure out why paypa1 is inclined to cooperate with Muye Technology? What did Muye Technology give them that eBay couldn't give, or didn't propose?

So, Meg Whitman thought for a moment and made a decision: "You should get in touch with the key people in paypa1 as soon as possible. Since Elon Musk has gone to China, then you will find Peter Thiel. At this time, we There's no need to be more reserved, just straight to the point and ask them what they want!"

In the conference room, another vice president suddenly said: "The paypa1 team and Muye Technology are talking about holding, is it because they don't want to completely sell paypa1, and want to continue to participate in the paypa1 project on the basis of cashing out?"

Meg Whitman asked him: "You mean the paypa1 team mainly wants to keep some of their shares for themselves?"

"Yes." The vice president said, "What we asked for was a wholly-owned acquisition of eBay. Although the paypa1 team is also negotiating with us around the wholly-owned acquisition, for them, if they continue to be optimistic about paypa1's In the future, they definitely hope to continue to participate in paypa1 to a certain extent and continue to enjoy the future of paypa1, which will be more imaginative than selling them all.”

Meg Whitman frowned at once.

This theory is also very reasonable. The big capital behind paypa1 must want to cash out and leave, so whether the cash out is from eBay or from Muye Technology, it doesn't matter to them, as long as they can get satisfactory returns, Even if the money comes from Ben Lantern, they will not refuse this group of profit-seeking capitalists.

But for the founders, including Elon Musk, they must have a deeper affection for the paypa1 created by themselves. If they still want to continue to hold part of the paypa1 shares and continue to invest in the paypa1 for a longer-term future, this This mentality is also understandable.

It is very likely that Elon Musk reached an agreement with Li Mu out of this mentality. Li Mu will pay for the majority of eBay shares, and the team will hold a small share of the shares, so that the goals of both parties can be achieved. In cooperation with eBay, the only option is to sell all the shares in a package. In this way, Makino Technology will indeed be more attractive to Elon Musk than eBay.

Thinking of this, Meg Whitman immediately said to Tom: "Tom, you go talk to Peter Thiel, if they can negotiate a 100% wholly-owned acquisition within $1.8 billion, it would be best, if they want to keep some Shares, then talk to them about holding, in any case, we must not miss paypa1, the worst result I can accept is eBay holding paypa1! If you can't even achieve this goal, you are ready to do the job handover!"