RINAPE :: Volume #10

#902: Worst result that can accept


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Muye Science and Technology must control stock the PayPal news, is Li Mu and Elon Musk puts together on Yanjing, China people although to Elon Musk too did not understand, but media particularly online media to Elon Musk is quite familiar, one of the PayPal founders, the chief executive officer comes to China to look for Li Mu to do obeisance the wharf, this is a big news, let alone this is also the matter that can promote the national pride, therefore the China media showed very big enthusiasm. 牧野科技要控股paypal的消息,是李牧埃隆马斯克一起在燕京放出来的,华夏民众虽然埃隆马斯克不太了解,但媒体尤其是网媒对埃隆马斯克还是比较熟悉的,paypal的创始人之一、首席执行官来华找李牧拜码头,这本身就是一个不小的新闻,更何况这也是一件能提升民族自尊心的事情,所以华夏的媒体对此都表现出了很大的热情。 Elon Musk does not want such straightforward revealed that does obeisance the meaning of wharf, before coming, wants to do to act in a play to ebay, pretends that must discuss PayPal with Muye Science and Technology, didn't expect comes entraining by Li Mu boards. 埃隆马斯克原本并不想这么直接了当的表露出拜码头的意思,来之前也只是想给ebay做做戏,假装要跟牧野科技谈一谈paypal,没想到来了就被李牧给拽上了车。 Without the means that oer that Li Mu proposed, Elon Musk truly could not reject, if depended on other him as well as PayPal teams only, wants to discuss both sides to own stocks with ebay, the possibility was not very big, must draw in Muye Science and Technology this type competent, to have the resources big company, can turn to board ebay. 没办法,李牧提出的oer,埃隆马斯克确实拒绝不了,如果单靠他以及paypal其他的团队,想跟ebay谈双方持股,可能性不是很大,就得拉上牧野科技这种有实力、有资源的大公司,才能够把ebay拐上车。 Therefore, Elon Musk after accepting Li Mu's oer, had decided, coordinates Li Mu completely, both sides come in the ebay pit together, so long as the ebay holding, everyone can follow to profit. 所以,埃隆马斯克在接受李牧的oer之后,就已经决定,完全配合李牧,双方一起把ebay坑进来,只要ebay控股,大家都能跟着受益。 The China enterprise has the news classics and commentaries of interest holding US (America) enterprise to leave, started a public opinion upsurge internally, Li Mu recently almost becomes the domestic news front page headline specialized household, once in a while must toss about the point to make the matter that the whole nation hold in high esteem come out, this time is so, most China people do not know that PayPal is what ghost, does not know that Elon which scallion Musk is, but heard is market value ten hundreds of millions USD US (America) Corporation, moreover makes a special trip to China to look for Li Mu to do obeisance the wharf, everyone then starts to understand PayPal immediately on own initiative, having a look at this to grasp the Li Mu thigh eagerly, how is one. Company. 华夏企业有兴趣控股美国企业的消息一经传出,就在国内掀起了一阵舆论热潮,李牧最近一段时间几乎成了国内新闻头版头条专业户,每隔一段时间就要折腾点让全国人民刮目相看的事情出来,这次更是如此,大部分华夏人民不知道paypal是个什么鬼,更不知道埃隆马斯克是哪根葱,但一听说是个市值十几亿美元美国公司,而且还专程来华夏李牧拜码头,大家便立刻开始主动去了解paypal,看看这个急于抱住李牧大腿的,到底是一家怎样的公司。 ebay is the multinational corporation, has keen information acquisition channel, in addition its ebay has the subsidiary company in China, therefore knew about the China industry trend, Meg Whitman is bringing core team working overtime is meeting, China here ebay Eachnet person in charge the mail had issued Meg Whitman's assistant. ebay本来就是跨国企业,有着非常灵敏的信息获取渠道,再加上本身ebay就在华夏有分公司,所以对华夏的行业动向就更加了解,梅格・惠特曼正在带着核心团队加班开会的时候,华夏这边的ebay易趣负责人就已经把邮件发给了梅格・惠特曼的助理。 PayPal is the present ebay most grand strategy layout, ten hundreds of millions USD trays, accounted for the entire ebay market value almost 1/10, if took PayPal by the reasonable price, the advantage to ebay was many. paypal是眼下ebay的最大战略布局,十几亿美元的盘子,占到了整个ebay市值的差不多十分之一,如果以合理的价格拿下paypal,对ebay来说好处多多。 In the business the biggest advantage had own payment channel, moreover this payment channel has the considerable foundation in the global developed country ; 业务上最大的好处就是拥有了自己的支付渠道,而且这个支付渠道在全球发达国家都具备相当的基础; The advantage in capital level was needless to say much, ebay was the listed enterprise, the present market value is 16 billion, flowered ten hundreds of millions USD bought PayPal, can creates a flash news in the stock market and capital market, to ebay will be a very big good news, the stock price at least will have one round to increase sharply when the time comes, so long as market approval were high, the market value grew 20% to be very relaxed, growing 30-50% were not not possible, finally purchased the cost of consuming, basically all made up through the growth of stock price. 资本层面上的好处就更不用多说了,ebay是上市企业,现在的市值是160亿,花十几亿美元paypal买进来,能在股市以及资本市场制造一个大新闻,对ebay来说也是一个很大的利好消息,股价到时候至少会有一轮激增,只要市场认可度高,市值增长20%很轻松,增长30-50%也不是不可能,最终收购所消耗的成本,基本上全通过股价的增长弥补回来了。 The capital market is extremely sensitive, in US (America) in China is so, in the China stock market, a listed enterprise, if held spoke the opportunity of story to the whole nation, a good news traded several raising limits is very relaxed, enterprise that if Muye Science and Technology went on the market in the China motherboard, was only Elon Musk did obeisance wharf news, does not need to wait for Muye Science and Technology really to buy stock in PayPal, can first give the Muye Science and Technology stock to bring one round to reach the upper trading limit. 资本市场是极其敏感的,无论是在美国还是在华夏都是如此,在华夏股市,一个上市企业如果抓住了给全国人民讲故事的机会,一个利好消息换几个涨停板是非常轻松的,如果牧野科技是在华夏主板上市的企业,光是埃隆马斯克拜码头这一个消息,不需要等牧野科技真的入股paypal,就能先给牧野科技的股票带来一轮涨停。 However, capital market sensitive is also a double-edged sword, the positive news will let the stock price and market value grows, the negative news will also let the stock price and market value drops. 但是,资本市场的敏感也是一把双刃剑,积极的消息会让股价和市值增长,负面的消息也会让股价和市值下降。 Because of this, Meg Whitman is not willing to see ebay to miss PayPal absolutely. 正因为如此,梅格・惠特曼是绝对不愿意看到ebay错失paypal的。 In her opinion, ebay must take PayPal, if 15 hundred million USD price PayPal team did not agree that improvement pricetag, in brief, cannot certainly make PayPal reverse to an bosom of China enterprise. 在她看来,ebay必须把paypal拿下,如果十五亿美元的价格paypal的团队不同意,那就提升价码,总之,一定不能让paypal倒向一个华夏企业的怀抱。 The capital market knows that now ebay purchases the PayPal movement, knows that at present had reached most critical phase of purchase, to all ebay the shareholders and investors, everyone almost waited for the champagne to celebrate the ebay success to purchase PayPal, if finally were wasted effort, once the capital market were disappointed, ebay own stock price and market value will also certainly suffer involvement of this negativity. 资本市场现在都知道ebay收购paypal的动作,也知道眼下已经到了收购的最关键阶段,对所有ebay的股东以及投资者来说,大家几乎就等着开香槟庆祝ebay成功收购paypal了,如果最后是竹篮打水一场空,资本市场一旦失望,ebay自己的股价和市值也一定会遭受这种负面情绪的牵连。 For this, Meg Whitman is cold the face to say to the entire core team: Now does not argue 1.6 billion or 1.7 billion purchase PayPal time, at present what is most essential, how must clarify the PayPal team actually to think.” 出于这一层考虑,梅格・惠特曼冷着脸对整个核心团队说道:“现在不是争论16亿还是17亿收购paypal的时候,眼下最关键的是,要弄清楚paypal团队到底是怎么想的。” Then, Meg Whitman said to a 40-year-old male Caucasian: Tom, the purchase of PayPal is you with, the PayPal team does such big movement, what you have to explain?” 说罢,梅格・惠特曼对一个40多岁的男性白人说道:“汤姆,paypal的收购一直是你在跟,paypal团队搞出这么大的动作,你有什么要解释的吗?” Is called Tom's male Caucasian is ebay vice-president in charge of purchase business, saw that Meg Whitman accountability to oneself, he has to stand saying: In my opinion, PayPal team blustering possibility is also very big, after all Muye Science and Technology also announced that has this plan, not had reached the true cooperation intention.” 被称作汤姆的男性白人是ebay主管收购业务的副总裁,眼看梅格・惠特曼向自己问责,他只好站起来说:“在我看来,paypal团队这次虚张声势的可能性也很大,毕竟牧野科技也只是宣布有这个计划,并非已经达成了真正的合作意向。” Meg Whitman said: „If only Elon Musk goes to China to see Li Mu, I like to believe that but actually they are blustering, wants to sit the starting price, but now he and Li Mu announced to the media on own initiative this news, did bluster? Li Mu and Elon Musk does not have the friendship, holds true by helping PayPal blusters?” 梅格・惠特曼说:“如果只是埃隆马斯克华夏李牧,我倒愿意相信他们是在虚张声势,想坐地起价,但现在他和李牧主动对媒体宣布了这个消息,难道还是虚张声势吗?李牧埃隆马斯克没有交情,有什么理由帮paypal虚张声势?” Tom said: Key is I really cannot find out, does Muye Science and Technology hold true by this stage purchase or holding PayPal, their capital are not strong, and has not gone on the market, at this time should serve as to promote in the core business to conform to the common sense the fund.” 汤姆说:“关键是我实在想不出,牧野科技有什么理由在这个阶段收购或者控股paypal,他们的资本并不雄厚,而且也没有上市,这时候应该把资金用做推动核心业务上才符合常理。” Speaking of here, Tom also said: Before Elon Musk goes to China, our negotiations wholes are deferring to the planned path to walk, although they have to our offers some are unsatisfied, but the entire internet industry, can have 15 hundred million USD to purchase PayPal, our, according to our speculations, the PayPal team should sign the contract with us in one month, but didn't expect PayPal suddenly had the relation in business with YY, both also had some interactions unexpectedly, Elon Musk went to China suddenly, all these happen is very sudden, is we are unexpected.” 说到这儿,汤姆又道:“在埃隆马斯克华夏之前,我们的谈判整体都在按照既定的路线走,虽然他们对我们的报价有些许不满意,但是整个互联网行业,能出15亿美元收购paypal的,也就我们一家了,按照我们的推测,paypal团队应该会在一个月之内跟我们签合同,但是没想到paypal忽然跟yy有了业务上的联系,两者竟然还产生了一些互动,紧接着埃隆马斯克就忽然去了华夏,这一切都发生的很突然,是我们始料未及的。” Meg Whitman looks at he, asking with a frown said: You said so many, wants to tell me, you do not have the responsibility at this matter, right?” 梅格・惠特曼看着他,皱眉问道:“你说了这么多,是想告诉我,你在这件事上没有责任,对吗?” Tom busy say/way: Since this project is I am following up, the project presents any unscheduled careless mistake, I am responsible, this point I did not deny.” 汤姆忙道:“既然这个项目是我在跟进,项目出现任何计划外的纰漏,我都是要负责的,这一点我绝不否认。” Saw Meg Whitman's look to relax some, Tom continued: I want to say that we need more thorough analysis PayPal and Muye Science and Technology motive, if spends money to invest or purchase purely, which the PayPal team in could not find to compare ebay oer, if Muye Science and Technology really must control stock PayPal, moreover PayPal is also willing to drop the plan of pack sell, to make Muye Science and Technology control stock, they achieved certainly the cooperation in other levels, what kind of cooperation but was what level, achieved, this was we need to ravel as soon as possible.” 见梅格・惠特曼的神色缓和了些许,汤姆继续说:“我只是想说,我们需要更深入的分析paypal牧野科技的动机,如果是单纯用钱来入股或者收购,paypal团队在哪都找不到能比拟ebay的oer,如果牧野科技真要控股paypal,而且paypal也愿意放弃打包出售的计划、让牧野科技控股的话,那他们一定是在其他层面上达成了合作,但到底是什么层面、达成了怎样的合作,这是我们需要尽快弄明白的。” Meg Whitman was reminded by Tom's these words. 梅格・惠特曼被汤姆的这句话点醒。 From receiving message, her innermost feelings somewhat are deeply worried, suddenly transmits Muye Science and Technology and Elon Musk jointly after the China media announced the news of holding intention, she is somewhat thrown into confusion, suddenly has not thought the issue in this direction actually, Tom's proposition is very important, at present ebay must ravel, why will PayPal favor with the Muye Science and Technology cooperation? What ebay Muye Science and Technology gave their, or hasn't raised? 从收到消息,她的内心就有些焦灼,忽然传来牧野科技埃隆马斯克联合向华夏媒体公布控股意向的消息之后,她就有些乱了阵脚,一时间倒是没有往这个方向想问题,汤姆的提议很重要,眼下ebay必须要弄明白,为什么paypal会倾向于和牧野科技合作?牧野科技到底给了他们什么ebay给不了的、或者没有提出来的? Therefore, Meg Whitman ponders over the moment, makes the decision: You have the direct contact with the PayPal essential person as soon as possible, since Elon Musk went to China, you look for Peter Thiel, at this time, we do not need to act with constraint again, directly asked that beyond the shadow they want anything!” 于是,梅格・惠特曼思忖片刻,作出决定:“你尽快跟paypal的关键人取得直接联系,既然埃隆马斯克去了华夏,那你就找彼得蒂尔,这种时候,我们也没有必要再矜持了,直接开门见山的问他们到底想要什么!” In the conference room, another vice-president opens the mouth suddenly: „The PayPal team and Muye Science and Technology discussed the holding, can be because they do not want to let go of PayPal completely, want based on leverage, continued to participate in the PayPal project?” 会议室内,另外一个副总裁忽然开口:“paypal团队和牧野科技谈控股,会不会是因为他们不想把paypal完全脱手、想在套现的基础上,继续参与paypal的项目?” Meg Whitman asked him: You meant, the PayPal team mainly does want to retain part of stocks to oneself?” 梅格・惠特曼问他:“你的意思是说,paypal的团队主要是想给自己保留一部分股份?” Yes.” That vice-president cuts the tastes: Before we requested is the capitalization purchases ebay, the although PayPal team is also revolving the capitalization purchase to negotiate with us, but to them, if they will continue to favor the PayPal future, they definitely also hope that can the certain extent continue to participate in PayPal, continue enjoy the PayPal future, this compared with will pack to sell out to completely have the imaginary space.” “是的。”那位副总裁开口道:“我们之前要求的就是全资收购ebay,虽然paypal的团队也在围绕着全资收购跟我们谈判,但对他们来说,如果他们继续看好paypal的未来,他们肯定也希望能够一定程度继续参与paypal、继续享受paypal的未来,这样会比全部打包卖掉要更有想象空间。” Meg Whitman's brow twists one group immediately. 梅格・惠特曼的眉头立刻拧成一团。 This theory is also very reasonable, behind the PayPal big capital wants certainly to leverage leaves, therefore the income of leverage is ebay leaves, is left by Muye Science and Technology, to them does not matter, so long as can attain the satisfactory return, even if money is this/Ben lamp leaves, their crowds will not reject by the capitalist of advantage. 这个理论也很有道理,paypal背后的大资本一定是想套现走人的,所以套现的收益到底是ebay出,还是由牧野科技出,对他们来说都无所谓,只要能够拿到满意的回报,哪怕钱是本・拉灯出,他们这群逐利的资本家也不会拒绝。 But regarding Elon the Musk founder, their PayPal to oneself creation definitely has a deeper sentiment personally, if they also hope that will continue to hold some PayPal stocks, to continue in the PayPal abundant longer-term future, this mentality can also understand. 但对于埃隆马斯克在内的创始人来说,他们对自己亲手创造的paypal肯定有更深的感情,他们如果还希望继续持有部分paypal股份、继续在paypal博一个更长远的未来,这种心态也是可以理解。 Very possibly Elon Musk out of this mentality, reaches the agreement with Li Mu, disburses money to purchase ebay most stocks by Li Mu, by the team share-holding small stock stock, goal of both sides can achieve again, but if with the ebay cooperation, only then sells out this choice all stock packs, such it seems like, Muye Science and Technology to Elon Musk, will be truly more attractive than ebay. 很可能埃隆马斯克就是出于这种心态,才和李牧达成协议,由李牧出钱收购ebay大多数股份,再由团队持股小股份股份,这样双方的目的都可以达到,但如果和ebay合作,就只有把所有股份打包卖掉这一条选择,这么看来,牧野科技埃隆马斯克来说,确实会比ebay更有吸引力。 Thinks of here, Meg Whitman says to Tom immediately: Tom, you goes with Peter Thiel discussed that if can come to an arrangement about 100% capitalization purchases in 18 hundred million USD is best, if they want to continue to retain some stocks, that discussed the holding with them, in any event, we cannot certainly miss PayPal, worst result that I can accept, was ebay holding PayPal! If even this goal could not be realized, you prepared to make the work connection!” 想到这里,梅格・惠特曼立刻对汤姆说道:“汤姆,你去跟彼得蒂尔谈,如果能在18亿美元以内谈妥100%全资收购是最好,如果他们希望继续保留部分股份,那就跟他们谈控股,无论如何,我们一定不可以错过paypal,我能接受的最差结果,是ebay控股paypal!如果连这个目标也实现不了,你就准备一下做工作交接吧!” ( To be continued. 17-03-20 (未完待续。、,您的支持,就是我最大的动力。)17-03-20 10:59: 39 10:59:39
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