Top of the Great Era

Chapter 2100 Capital Wolf
With Boss Ma, Zhou Buqi chose to back down appropriately.

Yahoo's situation is a little too complicated.

After thinking about it for a while, he felt that it was better to avoid the edge for the time being, and not to take advantage of the anger at this critical moment.Honestly behind Boss Ma, getting 15% of Ali shares... It can be regarded as a small business with a potential value of tens of billions of dollars.

Went to Ziwei Star International, but heard a piece of bad news.

Was poached!

The person who was dug out was Joe Nathan, the core backbone of the Landcraft team, and the current Vice President of Products of Helo.In other words, at the product level, Joe Nathan is the first person in charge.

In the Helo business unit, Joe Nathan is the real number three.

He's going to be poached!

"Who is it?" Zhou Buqi was incredulous, "What company can poach him?"

Lu Qi said: "PayPal."

"PayPal? Why?" Zhou Buqi frowned, "Even Microsoft and Google can't do it?"

Microsoft and Google are the first-class technology giants, but they are all listed companies.Ziwei Star has not yet been listed, and the options it gets are all original stocks. Once it is listed, it will be a vigorous feast of capital.

This is also the reason why Zhou Buqi is reluctant to promote Ziweixing and Ziweixing to go public internationally at this stage.

If the company is not listed, the original shares can be used internally to tie up employees. The cohesion will be strong and it will not be easy to be poached by others.In the current stage of transformation towards the mobile Internet industry, every mobile talent that Zhou Buqi has cultivated through untold hardships is very precious, and there is no shortage of one.

Even if Microsoft, Google, and Oracle can't dig people up, it's just a PayPal, so why come to Ziweixing to dig people?
Lu Qi said: "It's eBay. The CEO of eBay, John Donahoe, and Joe Nathan are classmates in junior high school, high school, and college. They have a good relationship. This time, Donahoe sent an invitation to let Joe Nathan Nathan went to work at PayPal."

"What job?"

"President of PayPal."

"President?" Zhou Buqi was slightly taken aback, "PayPal is going to change the president?"

Lu Qi said: "It seems to be."

Zhou Buqi was a little unbelievable, "No way, I heard that PayPal's development momentum is very good. It seems that the transaction volume on the PayPal platform this year will exceed 40 billion or 400 billion U.S. dollars... Anyway, the data is very beautiful. The material of the Softbank board of directors I have also read it, and it is said that PayPal wants to establish a joint venture with SoftBank to set up a mobile payment company for the special Japanese market. This is a very good idea, and I plan to push Ziwei Star to participate. They can adopt this method The strategy is oriented to the Japanese market, which is enough to show that the current PayPal management level is very high."

Lu Qi shook his head, "I'm not sure about that, anyway, it's true that they want to change the president."

Zhou Buqi asked, "When did it happen?"

Lu Qi said, "Just now."

"Just now?"

"Yes, before you came, Jonathan just approached me and talked about this matter. He was also very conflicted. He wanted to stay or work at PayPal. He was just a The vice president of the business unit went to PayPal, and he could jump to the president in one fell swoop."

"You agree?"

Zhou Buqi frowned, a little irritable, and he really didn't like being poached, especially at this time.In another two or three years, there will be as many talents on the mobile side as there are dogs, and they can dig whoever they like, so they won't be troubled by it.

Lu Qi said: "I didn't respond to him, but I just hoped that he would stay. Helo's current development momentum is very good. The global user scale has reached 1.4 million, which is the product with the largest number of mobile users. Here, Jone Sen's contribution is not small, I think the current team should be maintained and not move lightly."

Zhou Buqi asked, "Can you keep it?"

Lu Qi smiled and said: "Half and half, no one can say anything about this kind of thing. But even if we can't keep it, we have a plan. We have enough people to take over this position."

Zhou Buqi shook his head, "Ziweixing can be the domestic mobile Internet talent Whampoa Military Academy, but I'm not interested in cultivating talents for American companies. If I can keep it, it's better to stay. Isn't PayPal a subsidiary of eBay? It's all listed , what's the point of going there?"

Lu Qi said: "You can't say that."

"Ok?"

"Hasn't Carl Icahn been pushing for PayPal to be split off and listed independently?"

"Who?" Zhou Buqi was stunned for a moment, "Who? Carl Icahn?"

Lu Qi smiled, "Yes, that's the infamous Wolf of Wall Street."

"I go!"

Zhou Buqi had just finished drinking tea with Boss Ma, and heard him tell about Carl Icahn's glorious deeds in the Yahoo case. Unexpectedly, this guy even got involved with PayPal.

Seeing that he seemed very interested in Carl Icahn, Lu Qi smiled and said, "Didn't Carl Icahn participate in Yahoo's proxy fight in 08? 20 million U.S. dollars, was miserably cheated by Yang Zhiyuan. Many people said that his method was okay for traditional industries, but not for the technology giants in Silicon Valley. Silicon Valley technology companies are managed by some of the smartest people in the world. , not even Carl Icahn. Then, Carl Icahn was unconvinced and went after PayPal."

Zhou Buqi was a little strange, "How to deal with PayPal? Isn't this a subsidiary of eBay?"

Lu Qi said: "It's a subsidiary, but not a wholly-owned subsidiary. EBay only owns about 68% of PayPal's shares, and a lot of shares are reserved in the hands of the founders and capital institutions."

"Is that so..."

Zhou Buqi's eyes lit up and he cheered up.

Is there such a good thing?

Say it early!
This time, in order to help Boss Ma and not cause trouble for him, he missed the opportunity to buy Yahoo.If you can buy a wave of PayPal in this time period, it is also a good opportunity!
It would also be very strategic!

Lu Qi said to himself: "Carl Icahn bought about 2% of PayPal's shares successively, and then it was the same old way, contacted a lot of people, and launched an attack on eBay. Ebay's shareholding in PayPal is almost 70%, already an absolute controlling stake, Carl Icahn would not be able to initiate a proxy fight like he did with Yahoo, he could only find another way.”

Zhou Buqi could not only keep up with his thoughts, but also had the foresight, squinting his eyes, "He wants to push eBay to spin off PayPal!"

Lu Qi nodded, "Yes, the development of eBay has not been very good in the past few years. Even the meritorious CEO Meg Whitman resigned due to poor performance. This has caused PayPal to be dragged down by eBay. It is seriously undervalued. This will cause the interests of PayPal's minority shareholders to suffer."

Zhou Buqi laughed and said, "Is Carl Icahn trying to dismember eBay?"

"Yes, this is his usual routine." Lu Qi felt a little helpless towards this notorious Wall Street wolf, "However, he failed. The board of directors of eBay resisted the pressure and did not choose to split up."

Zhou Buqi asked: "And then? Carl Icahn just sit back and watch eBay?"

Lu Qi sighed and said, "Don't worry, how could he not care about it? However, he has been trying to figure out a way, which is tricky. However, there has been a big movement on Yahoo's side recently, and his attention has shifted."

Zhou Buqi nodded, "Well, I also heard that Carl Icahn has a lot of locked-up shares in Yahoo."

Lu Qi said: "Yes, Carl Icahn is also one of the managers who wrestled with Yang Zhiyuan behind the scenes. It's just that in 08, he was very embarrassed by Yang Zhiyuan's lesson. This time he didn't stand on the stage, and he was still very active behind the scenes Yes. I guess he’ll come back to PayPal after he’s done with Yahoo.”

"Well, good thing!"

At this time, Zhou Buqi finally realized the social existence value of the "Wolf of Wall Street" groups. They are the defenders of market fairness and the interests of small shareholders, and the defenders of the unknown victims behind every grand narrative.

For eBay, they certainly do not want to spin off PayPal.

EBay was already unable to beat Amazon, and now it is relying on PayPal, the ace payment channel, to form certain constraints on Amazon from the product ecology.

If PayPal were to be spun off, eBay would have nothing to do with Amazon, and would be left far behind.

However, if PayPal is not split, then the interests of those small shareholders of PayPal will be greatly damaged, and they will be victims of a certain ideal, career, and grand blueprint of the giant.

eBay wants to be a great company, which is of course a good thing.Keebay has become popular in front of the stage, and those small shareholders whose interests have been damaged behind them, who will defend them?
Including Yahoo too.

Yahoo's stock price was only $15 that year, Microsoft's asking price was $31, and the total transaction volume reached $446 billion.For his own ideals, pursuit and professionalism, Yang Zhiyuan rejected Microsoft's amazing offer.

Of course, Yang Zhiyuan didn't care. He was a big entrepreneur and a rich man. He could spend a lot of money in his lifetime, so he didn't need to rely on Microsoft's money to make a living.

But what about the minority shareholders of Yahoo?
Who speaks for them?

Many small shareholders just dream that this deal can be concluded, and then take the opportunity to make a sum of money to repay the mortgage, pay for medical insurance, and improve their lives.

The result is that the wealthy Yang Zhiyuan who controlled the board of directors, for the sake of a grand narrative, ignored those small shareholders who were eagerly looking forward to earning some living expenses.

The existence value of this "capital wolf" is a game of discourse power among all social classes.

The truth becomes clearer and clearer.

The same is true of the capital market, the more the game is, the fairer it is.

Without the participation of these Wall Street wolves to expose the grand narratives of those entrepreneurs and big shots, ordinary small shareholders and ordinary people would be completely kept in the dark, applauding for those big shots even though their own interests have been damaged. .

Zhou Buqi felt that this was an opportunity.

eBay owns PayPal.

If he enters the market, he can only be a minority shareholder of PayPal.

From different angles, there are different positions.To become a shareholder of PayPal, you really have to hug Carl Icahn's thigh. Only a powerful capital wolf like him can protect the interests of small shareholders and assemble a strong team like the "Avengers" to fight against Giant eBay pushes for PayPal spin-off.

(End of this chapter)