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

Elon Musk looked at Li Mu with a tangled expression. Although the two had been communicating through translation, there were differences in languages ​​and no borders on his expression. He could clearly see that Li Mu's face was determined to be his own.

Originally, I came from thousands of miles away just to touch a porcelain. I used Li Mu's momentum to shock ebay. There would be no loss for Li Mu. Besides, I had given favors before and asked me to use his power to pretend to be powerful. This is fair.

However, Elon Musk never expected that Li Mu had already set up a game for himself and was waiting for him to come and jump from thousands of miles away.

Thinking of this, when Elon Musk saw Li Mu's relaxed and confident look, he couldn't help but admire Li Mu. This young man who was only twenty years old was indeed extraordinary.

Despite his admiration, Elon Musk felt a little depressed. He was 31 years old this year, 11 years older than Li Mu, but he put it in his pocket, which brought a considerable blow to his self-confidence.

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

Li Mu smiled slightly: "I am indeed optimistic about it personally, and in my opinion, payment channels are a very important part of the future development of the Internet industry and are the key to connecting the Internet and user wallets. If paypal is completely packaged and sold to ebay, in the first few years, ebay's platform will indeed bring better development opportunities to paypal. However, with the continuous development of the Internet, one day, paypal will exceed the pattern and framework of ebay, and will definitely be separated from ebay and become an independent payment channel. At that time, the valuation of paypal will be more than ten times that of now."

Elon Musk looked at Li Mu, nodded seriously, and said, "Mr. Li is right. I personally think that Paypal will have greater room for development in the future. However, judging from the current situation, we realize that with our ability, we cannot help Paypal continue to improve significantly. Moreover, if a large platform like ebay cannot buy paypal, it will definitely create another paypal. So our only choice at the moment is to sell paypal to ebay or other large platforms, which is the best solution for everyone."

Li Mu nodded: "This is true, but I still say that ebay does not have to acquire paypal in full. For them, as long as they have absolute controlling stake in paypal, it is enough. In this way, their own needs are absolutely met, and they do not have to re-build a new management and operation team around paypal. Moreover, yy of Makino Technology is now in a very good development momentum among the elites around the world, and will gradually master more overseas user resources in their hands. If Makino Technology can jointly invest in paypal with ebay, and both parties will invest more resources to paypal together, it will definitely make paypal a step further, which is much better than simply selling paypal to them."

Elon Musk frowned and thought for a moment, and nodded slightly: "You are right. If you look at it this way, there is really no need for ebay to acquire Paypal in full. As long as you have an absolute controlling stake, they can rest assured. As for what you said about joint investment, I think it is also very feasible."

Li Mu said: "What I prefer most is that we three parties jointly hold shares. Just imagine that if Paypal is controlled by ebay in the future, Muye Technology and your original team members will hold shares together, and you will manage the company. This can also ensure that Paypal develops on the most correct route, rather than being taken by ebay, and temporarily piece together a team that does not know how to pay to operate."

As he said that, Li Mu paused and said, "The cash I invested when I invested in the stock market will not only allow the capital behind you to escape, but also give you the original team the opportunity to cash out and then retain some of the shares for you. Then, ebay and I can import resources from overseas markets into paypal. With these two big platforms as support and resource import, the valuation of paypal can be further improved, and the shares you retain will be more valuable."

When Elon Musk heard this, his expression was unconsciously surprised and excited. At first, he just wanted to sell paypal to ebay. According to his 11.7% shareholding ratio and a valuation of $1.5 billion, he could get $175 million in cash. This is definitely a huge amount of money for him. After getting this money, he can invest in other careers and fight again in another field.

However, Li Mu's words opened a new window for him. If the shares were jointly held by the three parties, assuming that it was still a valuation of US$1.5 billion. If all the capital behind Paypal is withdrawn and he sells 50% of his shares, he can cash out about US$90 million. At the same time, he also holds nearly 6% of the shares of the new Paypal. It seems that there is no change, but for Paypal at that time, the valuation will definitely increase greatly!

If you just paypal, it is currently worth US$1.5 billion. Paypal, which is jointly owned by two major companies, ebay and Makino Technology, and jointly imported resources, has a valuation of more than this. With such great positive news, it may even double in a short period of time!

In this case, I have received $90 million in cash, and it won’t take long to go, when the market value of paypal exceeds $3 billion, my remaining 6% of my shares will regain a market value of 180 million. This imagination space is indeed much greater.

Elon Musk also knew very well that if he had already had $90 million in cash and had no need to continue cashing out, the remaining shares could be held forever. As the market value of paypal continued to increase, the market value of the remaining shares would continue to increase.

Elon Musk is not as powerful as the industry leader in the future. He has not yet obtained his first pot of gold in the true sense, so he is waiting for Paypal to cash in.

Originally, he could cash out 175 million through paypal, but Li Mu's proposal gave him a new direction and greater imagination space, so he became very interested in Li Mu's proposal.

Thinking about this, Elon Musk couldn't help but sit up straight and asked Li Mu with a little excitement: "Mr. Li, how do you think ebay can accept this three-party shareholding model?"

Li Mu smiled and said, "It's very simple. I prepared a working meal at noon and will be interviewed by domestic media. I will release a clear message through the media: Makino Technology is considering holding a paypal, and the original team of Paypal is also very much looking forward to Makino Technology Holdings. In this case, ebay will definitely be anxious. They should look for you directly, or they may directly look for Makino Technology. In short, they will definitely not watch Makino Technology really hold a paypal."

Elon Musk nodded, thinking that Li Mu had really prepared a lot. Since he had already been in his trap, and this trap had a great possibility that it would bring greater benefits to him. He himself was willing to jump in, so he couldn't hide his heart and asked: "If ebay directly came to us, how can we reply to it to encourage them to agree to the final cooperation model?"

Li Mu said: "Just say that Muye Technology is planning to take control of Paypal after the C round of financing is reached, but Muye Technology's attitude is very clear. If ebay is still interested in Paypal, Muye Technology can unconditionally give up its controlling stake to allow them to take control. However, for the future development of Paypal, they must accept this three-party shareholding model. As long as they agree to this model, we can talk about further cooperation."

As he said that, Li Mu slowly said: "Once everyone becomes a partner, Muye Technology can not only import resources to paypal in the future, but also import resources to ebay. YY can cooperate with them to promote ebay in any country outside of China. At the same time, we also hope that ebay can also regard Muye Technology as a strategic partner, so that ebay and yy can achieve mutual promotion on the premise of jointly promoting the development of paypal."

Elon Musk said: "That is more beneficial to ebay as a whole. After all, yy is developing very fast now, and Makino Technology has not yet made efforts. Anyone can see the huge potential contained in Makino Technology, and I believe ebay will not refuse."

Li Mu nodded and said, "As long as ebay turns around, he will realize that absolute holding is enough for them. The two companies and a team function are used to create the paypal product. Through the cooperation of this product, the two companies can cooperate on a larger level. ebay will definitely be very interested."

Elon Musk also knew clearly that Li Mu's proposal was a win-win situation for both his founders, ebay and Muye Technology. It was equivalent to everyone working together to label Paypal to get higher recognition in the capital market. I would not refuse this first, and I was very excited about it.

In addition, if ebay reaches a cooperation with Muye Technology in the future, it will be equivalent to using paypal to achieve a marriage between the two companies. This is hugely good news for both companies. In the future, the two companies will get greater benefits in the capital market.

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

Elon Musk asked Li Mu: "Mr. Li, what is the proportion of shares you prefer?"

Li Mu said: "I tend to invest in 29% of paypal's shares."

Elon Musk could not help but be amazed at Li Mu's smartness in calculating.

Since ebay has absolutely controlled the shares, it must be at least 51%. Li Mu must have the mentality of letting ebay invest 51%, and then he said he wanted to invest 29%. This means that after the two major companies invest, the shares left to the original team will be only 20%.

Currently, including Elon Musk and Peter Thiel, the original team's stake is about 40%. If diluted to 20%, each person can cash out half of the shares, which is similar to what he had calculated before.

Li Mu also did some calculations in his mind. If he wanted to invest 29% of Muye Technology and valued at a valuation of US$1.5 billion, he would have to invest 435 million US dollars in cash. Even if he beat him to death, he would not be able to make so much money. But it doesn't matter. Because of yy's popularity in the overseas market, yy's overall valuation has changed almost every day.

A few days ago, the capital market's intention valuation of Muye Technology was still around US$6 billion. In recent days, yy not only continued to develop rapidly in the US market, but also quickly spread to all developed countries around the world, and even set a recharge record of more than US$10 million a day. Since yy's value-added services are paid monthly, this means that yy's future income flow is sufficiently guaranteed, so the current valuation can reach at least US$7 billion.

If the valuation of US$7 billion is diluted by 10%, it will be enough for US$700 million to invest in Paypal. However, Li Mu is more smart in his calculations. He doesn't want to raise funds first and then invest. He hopes to sign an agreement with ebay and paypal team to refinance, because once Muye Technology announces that it will cooperate with ebay and jointly invest in Paypal, such great good news will definitely play a role in boosting the valuation of Muye Technology!
Chapter completed!