Chapter 900 Li Mu's Win-Win Plan

Seeing that Elon Musk was a little confused, the playful expression on Li Mu's face became even more serious.

Elon Musk looked at Li Mu with a tangled expression. Although the two had been communicating through translators, the language was differentiated and the expressions knew no borders. He could clearly see that Li Mu's face was fixed on himself.

Originally, I came here from a long distance, just to touch a piece of porcelain. Using Li Mu's momentum to shock eBay, it would not be a loss for Li Mu. Besides, I had sent others favors before, so I used his momentum to make a fool of myself. Come on, that's fair.

However, Elon Musk never thought that Li Mu had already set up a game for himself and was waiting for him to jump from a long distance.

Thinking of this, and seeing Li Mu's relaxed and confident look, Elon Musk couldn't help but admire Li Mu. This young man of only 20 years old is indeed extraordinary.

Admiration for admiration, Elon Musk is somewhat depressed. He is 31 years old this year, 11 years older than Li Mu, but he has put it in his pocket, which has brought him considerable self-confidence. Big hit.

After actively adjusting his mentality, Elon Musk asked Li Mu, "Mr. Li, are you so optimistic about paypal?"

Li Mu smiled slightly: "I am really optimistic, and in my opinion, the payment channel is a very important part of the future development of the Internet industry, and it is the key to connecting the Internet and the user's wallet. If paypal is completely packaged and sold to eBay, In the first few years, eBay's platform can indeed bring better development opportunities to PayPal, but with the continuous development of the Internet, one day, PayPal will surpass the pattern and framework of eBay, and will be separated from eBay. , become an independent payment channel, at that time, the valuation of paypal will be more than ten times what it is now.”

Elon Musk looked at Li Mu, nodded seriously, and said: "Mr. Li is indeed right, I personally think paypal will have more room for development in the future, but from the current situation, we Realizing that with our ability, we can't help paypal continue to improve significantly, and if a big platform like eBay can't buy paypal, it will definitely create another paypal, so our only option at the moment is to use or Other big platforms, this is the best solution for everyone.”

Li Mu nodded: "That's true, but I still say the same thing, eBay doesn't have to buy Paypal wholly. For them, it's enough to have absolute control in Paypal. In this way, their own The demand has been absolutely satisfied, and at the same time, there is no need to re-build a new management and operation team around PayPal, and the yy of Muye Technology is now developing very well in the world's elites, and will gradually grasp more overseas users. Resources, if Muye Technology and eBay can jointly invest in PayPal, the two parties will invest more resources in PayPal, which will definitely make PayPal go to a higher level, which is much better than simply selling PayPal to them.”

Elon Musk frowned and thought for a moment, then nodded lightly: "You are right, if you look at it this way, there is really no need for ebay to acquire paypal wholly, as long as they have absolute control, they can sit back and relax. As for what you said about the common I think it is very feasible to invest in shares.”

Li Mu said: "My preference is for the three parties to jointly hold shares. Just imagine, if PayPal will be controlled by eBay in the future, and Muye Technology and your original team members will jointly hold shares, the company will still be managed by you, which can also guarantee PayPal. Develop on the most correct route, instead of being taken by ebay and making a temporary team that doesn’t understand payment to operate.”

After speaking, Li Mu paused and said, "And the cash I invested with eBay when we invested in shares,

Not only can the capital behind you retreat, but also give you the original team a chance to cash out first, and then reserve a part of the shares for you, and then I and eBay can import resources from overseas markets into paypal together. With the support of the two major platforms and the introduction of resources, the valuation of paypal can be further improved, and the shares you keep in your hands will be more valuable. "

When Elon Musk heard this, his expression was a little surprised and excited. At first, he just wanted to get $175 million in cash based on his 11.7% shareholding and a valuation of $1.5 billion. This is definitely a huge sum of money for him. With this money, he can invest in other businesses and fight again in another field.

However, Li Mu's words opened a new window for him. If the three parties jointly hold shares, assuming that the valuation is still US$1.5 billion, if all the capital behind PayPal is withdrawn and 50% of the shares are sold by himself, then he can cash out. At about $90 million, and at the same time holding nearly 6% of the new paypal shares, it seems that nothing has changed, but for paypal at that time, the valuation will definitely be greatly improved!

If it's just PayPal, it is currently worth $1.5 billion. PayPal, which is jointly held by two big companies, eBay and Makino Technology, is co-introducing resources. The valuation is definitely more than this number. With such a big positive news, it may even be possible. Double it in a short amount of time!

In this case, I have already received $90 million in cash, and it will not be long before paypal's market value exceeds $3 billion, and the remaining 6% of my shares will regain a market value of 180 million. This The imagination is indeed much larger.

Elon Musk is also very clear in his heart that if he already has $90 million in cash, he has no need to continue to cash out at all, and the remaining shares can be held forever. Increase, the market value of the remaining shares will continue to increase.

Right now, Elon Musk is not such a powerful industry leader in the future. He has not yet obtained the first pot of gold in the real sense, and is waiting for paypal to be realized.

Originally, he could cash out 175 million through PayPal, but Li Mu's proposal gave him a new direction and greater room for imagination, so he was also very interested in Li Mu's proposal.

Thinking of this, Elon Musk sat up straight and asked Li Mu with a bit of excitement: "Mr. Li, how do you think eBay can accept this three-party shareholding model?"

Li Mu said with a smile: "It's very simple, I prepared a working lunch at noon, and I will be interviewed by the domestic media. I will release a clear message through the media: Muye Technology is considering holding PayPal, and the original team of PayPal is interested in Muye Technology Holdings. I also look forward to it very much. In this case, eBay will definitely be anxious, they should look for you directly, or they may directly look for Muye Technology, in short, they will not watch Muye Technology really control paypal."

Elon Musk nodded and said in his heart that Li Mu was really ready. Since he has already entered his set, and this set is likely to bring greater benefits to himself, he himself is willing to do so. I jumped in, so I couldn't hide my heart and asked: "If ebay comes to us directly, how can we reply so that they can agree to the final cooperation model?"

Li Mu said: "It is said that Muye Technology intends to hold PayPal after the C round of financing is completed, but Muye Technology's attitude is very clear. If al is interested, Muye Technology can unconditionally give up the controlling stake to let them take control, but for the future of PayPal. To develop, they have to accept this three-way shareholding model. As long as they agree to this model, then we can talk about further cooperation.”

After speaking, Li Mu slowed down and said: "Once everyone becomes a partner, Muye Technology can not only import resources to paypal, but also import resources to ebay, yy can cooperate with them in any country other than China, to ebay At the same time, we hope that eBay can also regard Makino Technology as a strategic partner, so that on the premise of jointly promoting the development of paypal, we can achieve mutual promotion."

Elon Musk said: "In this way, it is more beneficial to eBay as a whole. After all, yy is developing very fast now, and Makino Technology has not yet exerted its own strength. Everyone can see the greatness contained in Makino Technology. Potential, I believe eBay will not refuse."

Li Mu nodded and said: "As long as eBay turns the corner, they will realize that absolute control is enough for them. Two companies and one team function to build the paypal product. Through the cooperation of this product, it can also make the two companies working together on a larger level, eBay would definitely be very interested.”

Elon Musk also clearly realizes that Li Mu's proposal is a win-win situation for his own founders, as well as for eBay and Muye Technology. It is equivalent to everyone working together to give paypal more money. The label will make it more recognized in the capital market, which I will not refuse in the first place, and I am very much looking forward to it.

In addition, if ebay and Makino Technology reach a cooperation on paypal in the future, it is equivalent to using paypal to realize the marriage of the two companies. This is huge good news for both companies. In the future, the two companies will be in the capital market. get bigger profits.

The most important thing in the capital market is to be able to tell stories and play concepts. For big companies like Muye Technology or eBay, if they are tied to each other, even if it is just hype, they can gain higher recognition in front of capital.

Elon Musk asked Li Mu: "Mr. Li, what percentage of shares do you prefer?"

Li Mu said: "I tend to take a 29% stake in paypal."

Elon Musk thought for a while, and couldn't help but marvel at Li Mu's shrewdness.

Since eBay is absolutely controlling, it must be at least 51%. Li Mu must have the mentality of giving in %, so he asked to take 29% of the shares. 20%.

At present, including Elon Musk and Peter Thiel, the original team's share is about 40%. If it is diluted to 20%, each person can cash out half of the shares in their hands, which is similar to what they calculated before.

Li Mu also made a calculation in his heart. If he wanted to use Muye Technology to invest 29% of the shares, according to the valuation of 1.5 billion US dollars, he would have to invest 435 million US dollars in cash. Even if he killed himself, he would not be able to get so much money. Come, but it doesn't matter, due to the popularity of yy in overseas markets, the overall valuation of yy has changed almost every day.

A few days ago, the capital market's intended valuation of Muye Technology was still around US$6 billion. In recent days, yy has not only continued to develop rapidly in the US market, but has even spread rapidly to all developed countries in the world, and even hit a record high. The recharge record of more than ten million US dollars a day, because yy's value-added services are paid on a monthly basis, which means that yy's future income flow is guaranteed enough, so the current valuation can be at least 70% billions of dollars or more.

If the valuation is 7 billion US dollars, it is diluted by 10%, and the return of 700 million US dollars is enough to invest in paypal. However, Li Mu's calculation is more shrewd. He does not want to raise funds first and then invest in shares. Once Muye Technology announces that it is about to cooperate with eBay and jointly invest in paypal, such a big positive news will definitely have a boosting effect on the valuation of Muye Technology!

(To be continued., Your support is my biggest motivation.):44:48

(Sanqi Chinese 37zw)