Chapter 911 (1/2)
At a time when hundreds of people couldn't figure it out, Meg Whitman in the picture said:
”thank you very much, Mr. Li Mu Li. Although we haven't had a chance to meet yet, he has brought unprecedented new opportunities to eBay and paypal with his extraordinary wisdom.”
There was an uproar!
Has Li Mu brought unprecedented new opportunities to eBay and paypal? What unprecedented new opportunities???
At this time, Meg Whitman in the video said: ”we are very honored to establish a strategic partnership with Mr. Li, who is an outstanding Internet talent in China and even in the world. Muye technology is also an Internet enterprise worthy of respect by all. We hope Muye technology and eBay can work closely in the future to create greater glory!”
Meg Whitman's words shocked the audience! Even a few hundred people are about to fall to the ground!
EBay and Makino technology? How? How to cooperate? What's the cooperation?
Everyone is whispering below, because Meg Whitman's content is really amazing. If it's not because she is indeed the CEO of eBay, people even think it's a prank.
In the video, Meg Whitman waved to the camera, smiled and said: ”Mr. Li, look forward to cooperating with you! Once again, on behalf of myself and the entire eBay, thank you to all the friends who are here today. Thank you
At this time, the video is paused, and everyone stares at Li Mu foolishly, waiting for his solution.
When the light came back on, Li Mu smiled and said to everyone, ”I believe you must be full of questions now. Let me explain.”
Everyone sat up and waited for Li Mu's explanation. Li Mu said lightly: ”Muye technology has reached an agreement with eBay and PayPal, and will share paypal with eBay in the future.”
”Joint stock?” You don't understand. PayPal doesn't have eBay?
”In the future, eBay will share 51% of PayPal in cash, Muye technology will share 29% of PayPal in cash, the original PayPal team will retain 20% of the shares, and the future Paypal will be jointly owned by three enterprises,” Li Mu said at this time
The reporters in the audience were completely confused.
What's the situation? Didn't you hook PayPal up with eBay? That's why eBay has been affected by a huge negative impact and its stock has fallen continuously. Now why is eBay coming in again? And is it an absolute holding? This is not a good thing! We are waiting for you to hold PayPal!
When everyone was surprised, Li Mu said: ”I know you want Muye technology to hold PayPal, but you know that PayPal's valuation is as high as 1.5 billion US dollars, 51% of which needs to pay 765 million US dollars in cash! Do you think I have so much money? ”
Everyone shook their heads.
Everyone knows that Muye technology doesn't have a lot of money now, and the C round hasn't melted in yet. How can we get $765 million in cash!
Li Mu then added: ”I don't have enough cash. If I want to control PayPal, I have to sacrifice Muye technology's shares. In front of Mr. Elon Musk, I ask you, do you think it's worth me to trade Muye technology's shares for PayPal's shares?”
”It's not worth it!” everyone said in unison
It's not worth it. The development prospect of Muye technology is much bigger than that of PayPal. At this time, Li Mu will surely lose a lot by trading Muye technology's shares for PayPal's shares.
At this time, Li Mu also said with a smile, ”I'm not afraid of Musk's anger. I don't think it's worth it, and I'm sure I'll get the benefit of going to grandma's house.”
Elon Musk's face was full of laughter, and the audience was full of laughter.
As we all know, the momentum of the development of Muye technology is unmatched in the Internet industry, even in the world. If Li Mu uses the shares of Muye technology to exchange for the shares of PayPal, it must be Li Mu who suffers from losses. Moreover, the faster the future development of Muye technology, the greater the losses Li Mu will suffer.
”To be honest, even if you buy 29% of PayPal, you need 435 million dollars,” Li said with a smile, after you eased down a little from the loss that Li Mu didn't control PayPal
As he said, Li Mu spread his hand and said, ”to be honest, 435 million dollars, I didn't...”
Everyone on the stage is stunned. Don't you? Brother, what do you charge if you have no money?
Just when everyone was puzzled, Li Mu smiled quietly and threw out a heavy bomb: ”here, I want to thank the generous eBay and Ms. Meg Whitman, because just half an hour ago, I signed a contract with Zheng Xigui, the representative of eBay, in my office. Makino technology used 435 million dollars to acquire PayPal shares, which will be used by EBA Y loan to Muye technology in the form of interest free loan. ”It's not surprising that I can't stop talking!
EBay has unconditionally lent Makino 435 million dollars to buy PayPal shares! That is to say, Li Mu took 29% of PayPal's shares without paying any money?
All the reporters who came back to God exploded!
”My God!”
”EBay loaned Li Mu shares in paypal?”
”With Muye technology holding 29% of PayPal, he didn't spend any money?”
”Li Mu, it's the standard white wolf with no hands!”