Top of the Great Era

What Carl Icahn is doing is investing in radical strategies. The means are very violent, and he is playing the routine of extracting chestnuts from the fire.

Just like Yahoo.

If Yahoo was growing steadily, he wouldn't have had the chance to fish in troubled waters.

It is only good if Yahoo is unstable internally and the internal fighting continues.The more civil strife, the more chance he has to get involved, and then join forces to divide the forces vertically and horizontally, and finally complete the dismemberment of the company.

This time, the replacement of PayPal's CEO is killing two birds with one stone.

Zhou Buqi even suspected that Yang Zhiyuan met Carl Icahn in private, and both parties agreed that PayPal CEO Scott Thompson would be the new CEO of Yahoo.

Yang Zhiyuan was very happy to let Scott Thompson be the CEO of Yahoo.

Because in the past few years, under the leadership of Scott Thompson, PayPal has developed very well, especially the active layout of the mobile terminal, which is one step ahead of the times.

From the perspective of the long-term development of the enterprise, this person is very suitable.

Carl Icahn agrees.

According to Boss Ma, it was probably a compromise in negotiations.The management agreed to appoint Scott Thompson, whom Yang Zhiyuan had a crush on, as Yahoo's new CEO.

In exchange, Yang Zhiyuan will quit Yahoo completely.

In other words, Scott Thompson was Yang Zhiyuan's last move in Yahoo.

In this way, if Scott Thompson develops Yahoo well, the management will of course benefit and be happy; if Scott Thompson fails to lead Yahoo well, it doesn’t matter, anyway, Yang Zhiyuan is out of the game, and the management has already controlled Yahoo , and then dismembered and sold Yahoo, and lost its constraints.

Of course, for Carl Icahn, there is something more important.

Something to do with PayPal.

Now PayPal is developing very well, and the momentum is booming.That's why Carl Icahn has been unable to wrestle with eBay's board of directors to force them to break up PayPal for the past few years.

PayPal is under the banner of eBay and has developed so well, why should it be dismantled?
It doesn't make sense logically.

If the CEO of PayPal, Scott Thompson, is transferred away... Heck, maybe PayPal will become a leaderless situation, and there will be civil unrest.

Once there is internal turmoil, conflicts between parties will arise.Carl Icahn will have the opportunity to enter the field, and he can use the internal contradictions of eBay to use and operate.

However, this is only Zhou Buqi's unilateral guess.

After all, from the perspective of corporate internal strife and corporate plunder, Zhou Buqi himself is far less tyrannical and resourceful than Carl Icahn.

My own understanding of this is still a little superficial.

Maybe Carl Icahn has a deeper plan behind it.

The deeper the water, the bigger the fish.

Whether it is Yahoo or PayPal, it is obviously a rare opportunity to catch big fish!
Zhou Buqi said: "Aiming at PayPal, I mainly have two strategies. One is to buy some stocks from other small shareholders. The other is to promote Ziweixing International's investment in PayPal."

Carl Icahn understood what he meant and smiled and said, "So we can work together?"

Zhou Buqi said: "I also think that it is a better choice to let PayPal go independent and go public separately. When the opportunity is ripe, we can work together to promote this matter."

Carl Icahn waved his hand, "You can't do that!"

"What should I do?"

Zhou Buqi smiled.

I am happier.

Let him stand out, he is not willing yet!
If you want to spin off PayPal, you have to fight with eBay's board of directors, or you have to go shirtless.They have to be defeated to make this happen.

In fights, even if Zhou Buqi can win, he doesn't want to play, his image is not good, and his influence is not good.

It is more recognized to make money quietly and quietly.

In this regard, Carl Icahn has experienced many battles, and he has too much experience, "People like you, even if you have the opportunity, you will not bite the bullet and push up. It is still me who offends people." Right. It’s not that I don’t trust you, it’s that I’ve seen too many, people like you can’t do it.”

Zhou Buqi said repeatedly: "The main reason is that I am young and inexperienced, and I don't know anything about how to operate it."

Carl Icahn is not afraid of offending people.

He was already notorious.

In order to make money, what do you have to face?
Whether it's Yahoo or eBay, fight when it's time to fight.

Carl Icahn said: "I will find a way to prevent PayPal from borrowing money and ask them to raise equity. At that time, you can participate and invest in the name of Ziweixing."

This is the purpose of Zhou Buqi, and said with a smile: "Okay!"

Carl Icahn glanced at him, worried, "Do you know what to do?"

Zhou Buqi asked humbly, "Learn from you."

Carl Icahn pondered for a while, he was very skilled in this kind of thing, and said slowly: "The board of directors of eBay cares most about stability now, and what they are most afraid of is that I will make trouble for them behind their backs. You can start from this point .”

Zhou Buqi nodded, which was similar to his thoughts, "So I want to grasp this contradiction and demand point?"

Carl Icahn said: "Yes, didn't you say that Ziweixing and PayPal can have strategic cooperation? It would be even better if there is in-depth business cooperation. But the most impressive thing about eBay's board of directors is your voting rights. "

"Ah."

"In this way, you go to participate in PayPal's investment, and add an additional condition. Within three years, Ziweixing's voting rights in PayPal will be owned by eBay, and you must be regarded as a person acting in concert with eBay."

"What about in three years?"

"Three years later..." Carl Icahn gave him a deep look. "Three years later, of course it's time to act. You get back your voting rights and stand by my side. You don't have to do anything, and you don't need to do anything." Just come forward and lend me your voting rights temporarily. I will operate and promote the split of PayPal!"

Zhou Buqi was very impressed.

This old guy's confidence is really great!
You should know that eBay is the controlling shareholder of PayPal. Even if a new round of financing is launched, eBay will hold more than 60% of PayPal's shares and have an absolute right to speak.

But Carl Icahn is confident that even as a minority shareholder, he can use various strategies and operations to overthrow the major shareholder with absolute control!
Of course, this requires unrest.

Ebay's board of directors is going to be in chaos, and PayPal's board of directors is also in chaos, so he can contact multiple parties to make this matter work successfully.

But why three years?

It can be judged by foresight that this is really an extremely accurate number.

Three years later, the mobile Internet has really become popular all over the world, and the business on the mobile end has completely crushed the PC end. The mobile Internet has replaced the PC Internet and has become synonymous with the Internet.

It was in the best interest of shareholders for PayPal to split and go public at that time.

But how did Carl Icahn figure it out?
He knows so much about the mobile Internet?
Zhou Buqi didn't believe it, so he couldn't help asking: "Why three years?"

Carl Icahn gave a very cold answer, saying frankly: "Within three years, I will settle the Yahoo matter. Sell it if it should be sold, and dismantle it if it should be demolished!"

Zhou Buqi's heart skipped a beat, pretending he didn't know anything, and said in a deep voice, "I heard that Yahoo has been in trouble recently, and the board of directors has received a lot of invitation applications. If you want to participate in Yahoo's proxy fight, now is not the best time." Opportunity?"

Carl Icahn shook his head, "The situation has stabilized."

"Stable?" Zhou Buqi frowned, "I read the news, it seems that many shareholders have united to sue Yang Zhiyuan, can such a big matter be resolved in a short time?"

Carl Icahn said with a smile: "Hurry up, there will be news soon. You will know in half a month at most."

Zhou Buqi was silent.

Seems to have guessed right.

This guy is indeed the man behind Yahoo, the big invisible hands behind him.

It's really powerful.

Yahoo founder Yang Zhiyuan is really going to be eliminated.

The most important thing is that he is obviously dissatisfied with the liquidation of Yang Zhiyuan. He wants to split and dismember Yahoo within three years.Clearing Yang Zhiyuan out is just the first step!