Whitman's voice sounded unfriendly and full of accusation.

Feng Yiping raised his feet to the table, "Tsk, this is the Whitman I am familiar with,"

The aggressive Whitman almost blurted out when he heard Feng Yiping's words, "Are you a cheap man? You can't talk to you well?"

But when you think about the connotation of Feng Yiping's words and think about the things he did before, it seems that he is right?

However, now is not the time to reflect on yourself. She suppressed her anger and asked Feng Yiping in a low voice, "Don't you think that our offer is full of respect and sincerity for you?"

Although she was restrained this time, there was still a bitter cold air in her voice, just like the winter that had just passed.

"Respect and sincerity? Sorry, I really can't feel it," Feng Yiping shook his head.

"With such conditions, can't you feel our sincerity?" Whitman paused, "Then, I think we can only..."

"Let me ask you Whitman, if we arrive two years later, that is, in 2007, how many people do you think we can grow Skype users to? 300 million, not a lot,"

Whitman didn't say anything, of course that's not much.

In fact, according to the current development speed of Skype and their team, they are currently discussing access issues with several countries at the same time. It seems that by the end of 2006, it will not be difficult to achieve this goal.

"If we could make a profit at that time, do you think we could operate it and go public?" Feng Yiping continued.

Whitman couldn't speak, of course he could!

"After going public, even if it's 10 times the price-to-earnings ratio, it should be fine,"

Of course, there is no problem.

Although the P/E ratio of US stocks is relatively rational, for a high-tech company with a halo like Skype, no matter what, it will not be only 10 times the P/E ratio, or 40 times, which is reasonable.

"How much cost do you think we can increase in the past two years? 500 million is enough? We might as well calculate 1 billion,"

That's certainly enough.

Relatively speaking, Skype can definitely be regarded as a light asset project.

"So, based on your professional experience, you can judge that a company that is popular with more than 300 million users around the world, and the number of users is still growing and has achieved profitability. Even if it is listed on the Nasdaq, even if it has a price-to-earnings ratio of 10 times, what is its market value?"

"Do you think it's only 5 billion?"

Whitman still had nothing to say.

According to the popularity of so many people for Skype, the enthusiasm of the US stock market for high-tech, especially with Feng Yiping's participation, with his influence all over the world, his relationship with the American financial industry, and such a basic market, it is not difficult to achieve a market value of US$5 billion.

"Then, the only key question left is whether Skype can make a profit at that time," said Feng Yiping.

"Let me ask you, Whitman, do you think, in two years, can I make it profitable?"

Whitman was speechless.

She believed that as long as Feng Yiping wanted to do it, it would naturally be possible.

Besides, according to the rules of US stocks, it is not a necessary condition to make a profit.

"So you tell me, this is your respect and sincerity to me?"

"Feng, I believe that as long as you want to do it, you will definitely be able to do it..." Whitman's tone softened a lot.

Feng Yiping interrupted her without waiting for her to say "but", "If we plan to hold it for two years, do you think that by that time, the quotation of $4 billion is very sincere?"

If Feng Yiping described it, it can be said that he is quite insincere.

"Whitman, although we have always had different views on some issues, I still admire and admire your professionalism,"

You actually just say that admiration is the best.

"The determination and courage you showed in leading eBay to become the world's largest e-commerce company is definitely worthy of your title of Queen of Silicon Valley,"

Whitman, holding the phone, sat up straight.

She didn't know that after she had received so many praises and affirmations from all over the world, she could still be so excited about such a saying of praise.

Perhaps, it is because he has never gained the upper hand in front of Feng Yiping?

Perhaps, it is because in my heart, I really admire Feng Yiping’s actions?

Perhaps, it is even more rare to find the recognition of competitors?

In short, Feng Yiping's affirmation made Whitman unable to help but remember the impressive praise he received since childhood.

However, after joy and joy, she suddenly became alert.

Compliments from competitors are not necessarily simple, or there are great possibilities, which must have bad purposes and paralysis, which is the first possibility that people can think of.

Feng Yiping praised me at this time because he was to paralyze me and prevent me from seeing some fatal problems that would be encountered in Skype's next development, so I asked me to agree to a fixed price of US$4 billion?

What fatal problems may Skype encounter in its development?

Whitman couldn't think of it.

It’s not that she couldn’t think of it for a moment. When they decided to acquire Skype, they naturally conducted a rigorous risk assessment.

The result of the evaluation is that according to the existing development model, they cannot find that Skype has the possibility of facing fatal problems.

Because speaking of this, the biggest problem in the development of Skype is the access of various countries. According to the current trend, they have successfully obtained access from some old powers in the United States and Europe, as well as access from most influential countries in the world except China.

Many of them even took the initiative to discuss access with Skype.

After this threshold, there is no need to worry about the development of Skype.

Because like Feng Yiping's Facebook, it basically does not need to invest much publicity, and can quickly develop a large number of users based on everyone's reputation.

And like Facebook, Skype's user stickiness is very high. The reason is very simple. Whether for company users or individual users, this is a good product that can significantly reduce their communication costs.

As long as you have to make a phone call every day, you will use it every day.

Judging from Whitman’s knowledge, many of the eBay employees are now inseparable from Skype every day.

This is a good example.

As for profit, Feng Yiping is right. Not to mention growing to 300 million users, it only has 200 million users. For such 200 million users with very high stickiness, what can't make money? Is it difficult to achieve profitability?

Besides, how much growth can integrate Skype into eBay bring to the company's main business and e-commerce business?

"Since that's the case, Feng, I want to hear your opinion,"

"Look at Whitman, how popular Skype is, you know better than me, so if it weren't for the founder Zengstrom's strong desire to sell now, I think, including me, the members of the board, not many people would want to make such a decision in such a good situation,"

"I think you can also know that not everyone can bear tremendous pressure like us, have the will as strong as us, and believe that we will succeed," said Jenstrom.

“We can understand his urgency to lock in the existing results after a tragic failure,”

Whitman and his subordinates have long studied this point. If it weren't for KaZaA, which was developed before, it would have only brought little rewards and a lot of trouble to Zengstrom and his team in a seemingly good situation. They believe that Zengstrom would not have thought of making this product that is absolutely phenomenal and taking action in a good situation.

So at the beginning, they were a little worried, worried that Skype would change its mind.

What's more, Feng Yiping, a guy who is probably interested in Skype.

“But even for sale, whether he or me, or other members of the Skype board, I hope to find the most suitable buyer for it,” he said.

"I think you know the feelings of developers towards their products best,"

But even so, you can't stop pursuing higher quotations, Whitman said.

Of course, she could understand this point. Who wouldn't say such a scene? Who would refuse better rewards? Especially Zengstrom's motivation to sell Skype is to get high returns.

Whitman did agree with what Feng Yiping said. Indeed, not everyone can be as confident as both of them, about themselves and the future.

Just like those Americans who have won the jackpot, although they all know that dividing the jackpots they won into 29 years to receive them year by year is not only more guaranteed, but at least it will take you 29 years, not just a few years to squander all the money.

And the amount you get is also higher, because you only need to pay tax on the bonus, instead of paying tax on the investment income, and the amount of tax on the bonus is also reduced year by year.

But so far, few people have chosen to do this. Most people would rather pay taxes twice at a time, pay taxes once for the bonus and pay taxes once for the investment income, and finally get about half of the cash of the winning amount.

Those people can only be said to be lucky, but actually do not have the characteristics of success.

"I can see how much you value Skype, but what I appreciate more is other situations. We know that eBay has also had many mergers and acquisitions over the years. What makes people feel gratified is that although not all of the companies you acquired can develop well, at least they will not be hailed as the killer of startups like the companies we know."

Whitman knew that Feng Yiping was talking about Yahoo.

“At the same time, as a high-tech company, eBay undoubtedly has the ability to successfully operate products like Skype,” he said.

What this said is naturally News Corp.

Relatively speaking, they are considered laymen of how to operate based on the Internet.

The most taboo thing in many industries is to guide insiders.

"You also know that to the point where you and me are today, we have many other factors to consider in addition to business returns,"

Although Feng Yiping said it was obscure, Whitman immediately understood what he meant.

When they reach their current level, such as reputation, it is indeed a problem that must be considered.

Even though Feng Yiping rejected eBay and sold Skype to Yahoo or News Corporation at a higher or similar price, the latter two failed to manage it well, which would undoubtedly have a negative impact on Feng Yiping.

"I can't say more. From my perspective, it's actually not appropriate to say this, but who made my concerns, maybe not many people can understand?"

"I believe you understand that for me, whether it is owned or sold, it is not a problem, not to mention that there are so many companies that are very interested in it, including Microsoft."

Whitman, who was already suspicious about Feng Yiping's words, heard him say this, immediately felt that his concerns were a little unnecessary.

She even felt a little ashamed. I doubt that if a competitor who is worthy of her respect in any case, I can say such words. Is it too inappropriate?

"Feng, tell me about your conditions,"

"I want to say that your total quote is within our acceptance range. Well, Whitman, I think you have fully understood what I mean. It depends on you where to go. Goodbye,"

"Hey?" Whitman couldn't help but scream, but could only hear the "beep".

However, you don’t even mention PayPal how much do you want to invest in?
Chapter completed!