Rebirth of the Internet Overlord

As Ning Zimo expected,

Not bad at all.

As time passed in April, after Paypal people spent the first lock-up period after listing with high spirits, Paypal's stock price reached a new high in the second round of issuance.

$25 per share!

Corresponding to a market value of 1.5 billion!

eBay finally couldn't sit still.

***+***

When Meg Whitman walked into PayPal's conference room led by Peter Thiel, she immediately saw a young face among the row of familiar faces opposite.

Is this the rumored youngest coo of Paypal?

Could it be that Paypal people want to give their young talents more opportunities to polish their business experience?

That's not right, he was sitting on the right hand side of Paypal CEO Peter Thiel, and to the left of Peter Thiel was Reid Hoffman, Paypal's senior vice president who is best at handling external affairs.

He is so young and takes the second place in negotiations?

Whitman turned to look at the second seat on his left. When he saw her looking at him, he glanced over there, and then nodded subtly. Seeing that he also noticed the arrangement of the positions, Whitman felt a little relieved.

An, turned around and laughed:

"Gentlemen, congratulations on PayPal's big victory in the second round of stock offering. With a market value of US$25 and US$1.5 billion, PayPal is now up 45% compared to when it was listed. It is at its peak. I hope that through this transaction

, let everyone become a unit that moves forward together and focus on future development."

Whitman's words made Peter nod, "Yes, this is exactly what we want. Paypal focuses on payment, and eBay focuses on auctions."

As an old rival, could Whitman still know what he meant?

eBay has always used [billpoint] to compete with Paypal in the payment field, and thinking about it, they still suffered a lot.

But now, she is sitting in PayPal's conference room negotiating the acquisition, instead of waiting in her office for the executive of [Billpoint] to report.

This essential gap is due to the fact that Paypal has grown to be so powerful today that Billpoint is unable to resist.

But this is not about acquisition, the problem will eventually be solved.

Thinking of this, Whitman smiled with relief, "Yes, we must focus to avoid vicious competition. For this reason, after Paypal was acquired, eBay's official payment channel will use Paypal as the only payment method. After all, [billpoint] whether it is

In terms of anti-fraud methods, as well as marketing and development, they are far behind Paypal..."

Ning Zi silently sat aside and watched Meg Whitman make her opening remarks. After all, Whitman was still a veteran professional manager with rich experience in several major companies. Her words were perfectly coherent, which not only appeased the Paypal people.

Emotionally, I secretly gave eBay a thumbs up.

What she expressed is nothing more than that the combination of Paypal and eBay is a win-win situation, but the subtext implies that Paypal is embracing eBay's thigh.

If these words fall on paper, it is nothing more than an attempt to lower prices.

How could Ning Zimo make her wish come true? He must have nipped her idea in the bud.

Ning Zimo leaned forward. This action was one of the signals agreed with the team before the negotiation. Peter took the opportunity to lean back and give Ning Zimo space.

Stuck at a key point in Whitman's speech, Ning Zimo said just right: "Thank you, Ms. Whitman, for recognizing us. We can be considered strangers. After all, there is no threshold repeatedly given by [billpoint]. We

There is no need to go around such a big circle and do a different project.

Of the 1 billion sales that this project hit in the first quarter of 2002, 60% came from abroad. Although 60% of the domestic sales still came from the eBay platform, it was 21% lower than last year's 81%.

The increase in the proportion of other b2c and b2b platforms is what we are most proud of."

Whitman is someone who often takes the lead in business negotiations, and she is extremely sensitive to numbers.

Ning Zi silently made it clear that 700 million of the 1 billion U.S. dollars in sales did not come from eBay, and even more firmly reminded her in clear words that Paypal is not a parasite but a truly powerful company.

The young coo counterattacked directly, clearly seeing the meaning behind her.

But Whitman had no intention of avoiding it, he just wanted to lower the price.

But since this road is directly blocked by him, let's use a tactful way to see if he can take it.

"Yes, Paypal's business development this year has indeed opened up a new route. Especially the [Transaction Assistant] software is a very good layout. But its business model span is too big, and it will not take advantage of us if it is left unchecked."

Cooperation between both parties.”

Whitman is still bitter about the Transaction Assistant, but she has no control over the development of the Transaction Assistant before the acquisition is completed.

But she wanted to expose Paypal's secret. On the one hand, she wanted to let the Paypal people opposite know that she knew what they had done. On the other hand, she also wanted to see the reaction of the Paypal team.

Whitman felt that as long as she raised this issue, Paypal's young team would definitely take a step back.

As long as this step is taken back, eBay will gain an advantage in negotiating the purchase price!

But this move that Whitman thought she was "caught off guard" did not receive the expected response.

The expressions of the PayPal people opposite didn't even change, and CEO Peter Thiel was sitting there as steady as a rock.

Whitman was a little surprised,

This is them,

Already prepared?

Of course Ning Zimo had been prepared for it, and it was even a very long tunnel.

From the moment she was invited to join the negotiation team, Ning Zimo wanted to bury a long-term line. No matter what Whitman's team came to talk about, Ning Zimo would find a way to bring this topic into play. But now that she has jumped in, then

Wait until you enter the tunnel!

Ning Zimo's face remained as usual, and he said calmly, "[Trading Assistant] is a third-party software that is independent of the platform and serves the platform and buyers and sellers. It was given the role of a third party from the beginning, just like

That's what our paypal used to do."

Based on Paypal's original service principles, it was okay for Ning Zimo to mention it in one stroke. Whitman listened and nodded.

He continued, "In the early days of e-commerce development, free access mechanisms were the best way for e-commerce companies to expand their scale. This is the biggest advantage of Paypal for Amazon at present. But as the scale continues to increase, how to expand the scale of e-commerce companies?"

At the same time, it can also allow the platform to form standards and improve its tonality. This is an issue that eBay must consider in its long-term development.

From our perspective to third parties, a platform like eBay is like a large shopping mall. In addition to standardized shopping mall management rules, a corresponding brand business department also needs to be established to manage and support its brands accordingly.

Therefore, we decided to provide this service by our Paypal [Transaction Assistant], and Paypal only needs to provide official authorization..."

In 2008, in the previous life, eBay finally discovered the importance of flower planting in the world's factory, so they began to establish an investment team in flower planting. In the following years, more cheap and high-quality flower planting products went to the world, which directly led to eBay's rapid development in several years.

If Amazon hadn't laid the foundation and learned its model during those dormant years, eBay would have continued to develop and wouldn't have declined as fast as in its previous life.

This is the gift Ning Zimo specially prepared for Whitman,

eBay, whose support model has major flaws,

Taking the opportunity to suppress the developing Amazon,

Incidentally, it strengthens the importance of Paypal and raises prices.

An arrow with three targets: near, medium and far, an arrow that kills three birds with one stone!

Look at the unexpected expression on Whitman's face,

Ning Zimo understood,

She was moved.

Whitman was indeed moved!

She had to admit that she was impressed by this plan.

This was originally a proposal that their Ministry of Commerce should initiate, but it was proposed to Paypalcoo, whom they met for the first time.

There were no tedious ppts or lengthy meetings. There were only key points that were precise and precise. But it was enough, enough for her, a well-informed person, to realize the importance of this plan to the eBay platform.

As for this young Paypalcoo, although he was not talking about the purchase price at all, behind every word he affirmed to her the value of everything Paypal did.

Whitman suddenly felt regretful. Why did she make the eBay team full of top MBA students?

They seem to be experienced and knowledgeable, but they are always running on the conventional route. None of them will break away from the established rules and scope to open up a new world like the young paypalcoo in front of them.

In the world he opened up,

He is the king,

He is the rule!

Whitman sighed deeply in her heart. She finally understood why Paypal appointed such a young person as COO, and she finally understood where eBay failed.

eBay's defeat was not unjust at all, because among eBay's senior executives and the partners around her, no one had the unconstrained ideas and thoughtful structure like this young man Paypalcoo.

No one can describe the value of a company in an unshakable way that cannot be refuted.

This acquisition,

The price won't come down.

But Whitman doesn't care about this. According to the development trend of Paypal, as long as he buys it with Paypal at this point, eBay will still make a lot of money in the future!

Now, let’s talk about the details.

By the way, although we know about him in the information, he has not been formally introduced yet.

Whitman raised his head and looked at Ning Zimo, smiling slightly, "Sir, thank you for your explanation. Can I ask you to introduce yourself to me formally?"

"Ning," facing Whitman's face where his brows had finally relaxed, Ning Zimo looked straight at her and stared into her eyes, "Ms. Whitman, I am the coo of Paypal, Ning Zimo from a flower garden."

"Okay, Ning, let me formally introduce myself to you." Whitman solemnly nodded to Ning Zimo. She felt that Ning deserved her respect.

"I'm eBay CEO Meg Whitman, and now I want us to formally discuss the purchase price of Paypal." Whitman said with a smile on her face, "I hope we can have a happy cooperation."