The news that Muye Technology wants to take control of paypal was released by Li Mu and Elon Musk in Yanjing. Although the Chinese people don’t know much about Elon Musk, the media, especially online media, are still familiar with Elon Musk. One of the founders of Paypal, the CEO of the CEO came to China to find Li Mubai Wharf. This is a big news in itself, not to mention that this is also something that can enhance national self-esteem, so the Chinese media have shown great enthusiasm for this.

Elon Musk didn't want to be so direct and showed his intention to be so direct. Before coming, he just wanted to do a show for ebay and pretended to talk to Muye Technology about paypal. Unexpectedly, Li Mu was dragged into the car when he came.

There is no way, Elon Musk really can't refuse the OER proposed by Li Mu. If he and the other teams of Paypal alone want to talk to ebay about holding shares, the possibility is not very high. He has to bring in a large company with strong and resource-friendly ability like Muye Technology to get into the car.

Therefore, after accepting Li Mu's OER, Elon Musk decided to fully cooperate with Li Mu and both sides would pit EBAY into it. As long as EBAY Holdings, everyone can benefit.

Once the news that Chinese companies are interested in controlling American companies came out, a public opinion craze has set off in China. Li Mu has almost become a professional headline for domestic news in recent times. Every once in a while, he has to make things that make the people of the whole country look at. This is even more so. Most Chinese people don’t know what the hell is paypal, let alone which onion Elon Musk is. But when they heard that it is an American company with a market value of more than one billion US dollars, and they also came to China to find Li Mu’s dock, everyone immediately began to take the initiative to learn about paypal and see what kind of company this company is eager to hold Li Mu’s thigh.

ebay is originally a multinational enterprise with very sensitive information acquisition channels. In addition, ebay itself has a branch in China, so I have a better understanding of China's industry trends. When Meg Whitman was working overtime with his core team for a meeting, the person in charge of ebay eBay in China had already sent an email to Meg Whitman's assistant.

Paypal is the largest strategic layout of ebay at present. The plate of more than one billion US dollars accounts for almost one-tenth of the entire ebay market value. If you win paypal at a reasonable price, there will be many benefits for ebay.

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

Not to mention the benefits of capital level. EBAY is a listed company with a current market value of 16 billion. If you spend more than one billion US dollars to buy paypal, it will be a big news in the stock market and the capital market. It will also be a great favorable news for EBAY. The stock price will have at least a round of surge. As long as the market recognition is high, the market value will grow by 20% easily, and it is not impossible to grow by 30-50%. The cost consumed by the final acquisition is basically all made up for by the growth of the stock price.

The capital market is extremely sensitive, both in the United States and in China. In the Chinese stock market, if a listed company seizes the opportunity to tell stories to the people of the whole country, it is very easy to exchange for several daily limit increases with good news. If Muye Technology is a company listed on the Chinese main board, the news of Elon Musk-Bay Wharf alone does not need to wait for Muye Technology to really invest in Paypal, it can first bring a round of daily limit increases to Muye Technology's stock.

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 decrease the stock price and market value.

Because of this, Meg Whitman is absolutely unwilling to see EBAY miss paypal.

In her opinion, ebay must take paypal. If the paypal team disagrees with a price of $1.5 billion, then increase the price. In short, paypal must not be allowed to fall into the arms of a Chinese company.

The capital market now knows the move of ebay to acquire paypal, and also knows that it has reached the most critical stage of the acquisition. For all ebay shareholders and investors, everyone is almost waiting to open champagne to celebrate ebay’s successful acquisition of paypal. If the end is a waste of money, once the capital market is disappointed, ebay’s own stock price and market value will definitely be affected by this negative emotion.

For this reason, Meg Whitman said to the entire core team with a cold face: "It is not the time to argue whether to acquire Paypal for 1.6 billion or 1.7 billion. The most important thing now is to figure out what the paypal team is thinking."

After saying that, Meg Whitman said to a white male in his forties: "Tom, you have always been with you. Do you have any explanation for the Paypal team's acquisition of such a big move?"

The white male called Tom is the vice president of eBay's acquisition business. Seeing Meg Whitman hold him accountable, he had to stand up and say: "In my opinion, the paypal team is also very likely to bluff this time. After all, Makino Technology has only announced that it has this plan and has not reached a real intention to cooperate."

Meg Whitman said: "If it were just Elon Musk who went to China to meet Li Mu, I would be willing to believe that they were bluffing and trying to raise prices. But now he and Li Mu have taken the initiative to announce the news to the media. Is it still bluffing? Li Mu and Elon Musk have no friendship, so what reason is there to help paypal bluff?"

Tom said: "The key is that I really can't think of any reason why Makino Technology has acquired or controlled Paypal at this stage. Their capital is not strong and has not been listed. At this time, it is reasonable to use funds to promote core business."

Speaking of this, Tom said: "Before Elon Musk went to China, our negotiations were all following the established route. Although they were a little dissatisfied with our offer, the entire Internet industry could only buy Paypal for US$1.5 billion. According to our speculation, the Paypal team should sign a contract with us within a month. However, I didn't expect that Paypal suddenly had business contact with YY, and the two actually had some interactions. Then Elon Musk suddenly went to China. All this happened suddenly, which was unexpected."

Meg Whitman looked at him and frowned and asked, "You have said so much to tell me that you have no responsibility for this matter, right?"

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

Seeing Meg Whitman's expression eased a little, Tom continued: "I just want to say that we need to analyze the motivations of Paypal and Makino Technology more deeply. If we simply use money to invest or acquire, the Paypal team will not find an OER that can compare to ebay anywhere. If Makino Technology really wants to control Paypal, and Paypal is willing to give up the plan of packaging and sale and let Makino Technology Holdings, then they must have reached cooperation at other levels, but what level and what kind of cooperation have been reached, we need to understand as soon as possible."

Meg Whitman was awakened by Tom's words.

Since she received the news, she felt a little anxious. After suddenly, Makino Technology and Elon Musk jointly announced the intention of holding to the Chinese media, she was a little confused and did not think about the problem in this direction for a while. Tom's proposal is very important. EBAY must understand why Paypal tends to cooperate with Makino Technology? What did Makino Technology give them? Or did it not give eBAY?

So Meg Whitman thought for a moment and made a decision: "You can contact the key person of Paypal as soon as possible. Since Elon Musk has gone to China, then you can find Peter Thiel. At this time, there is no need for us to be reserved anymore. Just ask them straight to the point and ask them what they want!"

In the conference room, another vice president suddenly spoke: "The paypal team talked about holdings with Makino Technology. Could it be because they don't want to completely remove paypal and want to continue to participate in the paypal project on the basis of cashing out?"

Meg Whitman asked him: "You mean, paypal's team mainly wants to keep a portion of its shares for itself?"

"Yes." The vice president said: "What we asked for before was to acquire ebay with all. Although the paypal team is also negotiating with us about the full acquisition, for them, if they continue to be optimistic about the future of paypal, they will definitely hope to continue to participate in paypal to a certain extent and continue to enjoy the future of paypal. This will have more room for imagination than selling it all."

Meg Whitman's brows immediately twisted.

This theory is also very reasonable. The big capital behind Paypal must want to cash out and leave, so whether the cash out income is eBay or Muye Technology, it doesn't matter to them. As long as they can get satisfactory returns, even if the money is released by Ben Lai, their profit-seeking capitalists will not refuse.

But for the founders including Elon Musk, they must have deeper feelings for the paypal they created by themselves. If they still hope to continue to hold some of their shares in paypal and continue to have a longer-term future in paypal, this mentality is understandable.

It is very likely that Elon Musk reached an agreement with Li Mu for this mentality that Li Mu would pay to acquire most of the shares of ebay and then the team would hold small shares. In this way, both parties could achieve their goals. However, if they cooperate with ebay, they would have the option of selling all the shares in a package. From this point of view, Muye Technology would indeed be more attractive to Elon Musk than ebay.

Thinking of this, Meg Whitman immediately said to Tom: "Tom, go and talk to Peter Thiel. It is best to negotiate a 100% wholly-owned acquisition within $1.8 billion. If they want to continue to retain some shares, then talk to them about holdings. In any case, we must not miss paypal. The worst result I can accept is ebay Holdings paypal! If even this goal cannot be achieved, you should prepare to hand over the work!"
Chapter completed!