Top of the big era
Chapter 2105 The man behind the scenes
Carl Icahn made investments with radical strategies, using very violent methods, and he used the trick of drawing chestnuts from the fire.
Just like Yahoo.
If Yahoo develops stably, he won't have the chance to fish in troubled waters.
It would only be better if Yahoo was internally unstable and had constant infighting. The more civil unrest there is, the more opportunities he has to get involved, and then unite the vertical and horizontal division forces, and finally complete the dismemberment of the company.
This time, the replacement of PayPal's CEO kills two birds with one stone.
Zhou Buqi even suspected that Yang Zhiyuan had met Carl Icahn in private, and both parties agreed that PayPal CEO Scott Thompson would be Yahoo's new CEO.
Yang Zhiyuan is very happy to let Scott Thompson serve as Yahoo CEO.
Because in the past few years, PayPal has developed very well under the leadership of Scott Thompson, especially its active deployment on the mobile terminal, which is one step ahead of the times.
From the perspective of the long-term development of the company, 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 was interested in, as Yahoo's new CEO.
In exchange, Yang Zhiyuan will completely quit Yahoo.
In other words, Scott Thompson was Yang Zhiyuan’s last move at Yahoo.
In this way, if Scott Thompson develops Yahoo well, the employer will certainly benefit and be happy; if Scott Thompson fails to develop Yahoo, it doesn't matter. Yang Zhiyuan is out anyway, and the employer already controls Yahoo. , and then dismembered and sold Yahoo, which also lost its constraints.
Of course, there is something more important to Carl Icahn.
It has to do with PayPal.
Now PayPal is developing very well and is gaining momentum. This is why Carl Icahn has been unable to force eBay's board of directors to break up PayPal in the past few years.
PayPal is owned by eBay and is developing so well. Why should it be dismantled?
It doesn't make sense from a broad logical perspective.
If PayPal CEO Scott Thompson is transferred... hum, maybe PayPal will become leaderless and civil strife will occur.
Once there is internal chaos, conflicts among all parties will arise. Carl Icahn will have the opportunity to enter the market, and he can exploit and operate eBay's internal contradictions.
However, this is just Zhou Buqi's unilateral speculation.
After all, from the perspective of corporate infighting and corporate plunder, Zhou Buqi is far less tyrannical and resourceful than Carl Icahn.
My understanding of this is still a bit superficial.
Maybe Carl Icahn has a deeper plan behind his back.
The deeper the water, the bigger the fish.
Whether it is Yahoo or PayPal, they are obviously big fish with rare opportunities to catch!
Zhou Buqi said: "For PayPal, I mainly have two strategies. On the one hand, I buy some stocks from other small shareholders. On the other hand, I promote Ziweixing International's investment in PayPal."
Carl Icahn understood what he meant and said with a smile: "So we can cooperate?"
Zhou Buqi said: "I also think that it is a better choice to let PayPal go independent and go public separately. When the opportunity matures in the future, both of us can work together to promote this matter."
Carl Icahn waved his hand, "You can't do it!"
"What should we do?"
Zhou Buqi smiled.
I feel happier.
Let him come forward, but he is still unwilling!
If you want to spin off PayPal, you will have to fight with eBay's board of directors, or you will have to fight naked. They have to be defeated in order to accomplish this.
In a fight, even if Zhou Buqi can win, he doesn't want to go on the field because it would have a bad image and a bad influence.
Making money in a peaceful and muffled manner will be more recognized.
Carl Icahn has been through many battles in this regard. He has too much experience. "People like you, even if you encounter an opportunity, you will not bite the bullet. It's me who offends others." Right. It’s not that I don’t trust you, it’s just that I’ve seen it too many times, and people like you can’t do it.”
Zhou Buqi said continuously: "The main reason is that I am young and inexperienced. I don't know anything about how to operate it."
Carl Icahn isn't afraid of offending people.
He was already notorious.
In order to make money, why do you need face?
Whether it's Yahoo or eBay, if it's time to fight, fight.
Carl Icahn said: "I will find a way to prevent PayPal from borrowing debt to operate and require them to raise equity. When the time comes, you can participate and invest in the name of Ziweixing."
This is Zhou Buqi's purpose, he smiled and said: "Okay!"
Carl Icahn glanced at him, still worried, "Do you know what to do?"
Zhou Buqi humbly asked for advice, "Learn from you."
Carl Icahn pondered for a moment. He was very skilled at this kind of thing, and said slowly: "Now the eBay board of directors cares most about stability, and what they are most afraid of is that I will cause trouble for them behind their backs. You can start from this point ."
Zhou Buqi nodded, which was similar to his idea, "So I want to seize this contradiction and demand point?"
Carl Icahn said: "Yes, didn't you say that Ziweixing and PayPal can have strategic cooperation? It would be better if there is in-depth cooperation in business. But the thing that impresses eBay's board of directors the most is your voting rights. "
"Um."
"In this way, you participate in PayPal's investment and add an additional condition. Within three years, Ziweixing's voting rights in PayPal will belong to eBay, and you must act as a concerted person of eBay."
"What about three years from now?"
"Three years later..." Carl Icahn looked at him deeply. "Three years later, of course it's time to take action. Get your voting rights back and stand by my side. You don't have to do anything, and you don't have to do anything." Just come forward and lend me your voting rights temporarily. I will run it and promote the spin-off of PayPal!"
Zhou Buqi admired him very much.
This old guy has so much confidence!
You know, eBay is the controlling shareholder of PayPal. Even if a new round of financing is launched, eBay's shareholding in PayPal will exceed 60%, and it will have absolute say.
But Carl Icahn is confident that even as a small shareholder, he can overthrow the majority shareholder with absolute control through various strategies and operations!
Of course, this requires turmoil.
There will be chaos in eBay's board of directors, and there will be chaos in PayPal's board of directors, so that he can contact multiple parties to make this thing successful.
But why three years?
It can be judged through foresight that this is an extremely accurate number.
Three years later, the mobile Internet has truly become popular all over the world, and the mobile business has completely crushed the PC side. The mobile Internet has replaced the PC Internet and has become synonymous with the Internet.
It would be in the best interest of shareholders for PayPal to be split and listed during that time.
But how did Carl Icahn make that decision?
Does he know so much about the mobile Internet?
Zhou Buqi didn't believe it, so he couldn't help but ask: "Why three years?"
Carl Icahn gave a very cold answer, saying frankly: "Within three years, I will settle the matter of Yahoo. I will sell it if it needs to be sold, and it will be demolished if it needs to be dismantled!"
Zhou Buqi's heart skipped a beat, and he pretended not to know anything, and mused: "I heard that Yahoo has been in a lot of trouble recently, and the board of directors has received many 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."
"Is it stable?" Zhou Buqi frowned, "I read the news and it seems that many shareholders have united to sue Yang Zhiyuan. Can such a big matter not be solved in a short time?"
Carl Icahn smiled and said: "Hurry, there will be news soon. You will know in half a month at most."
Zhou Buqi remained silent.
It seems I guessed it right.
This guy is indeed the man behind Yahoo, the invisible hands behind it.
It’s really awesome.
I really want to eliminate Yang Zhiyuan, the founder of Yahoo.
The most important thing is that he is obviously not satisfied with Yang Zhiyuan being eliminated. He wants to split up and dismember Yahoo within three years. Eliminating Yang Zhiyuan is only the first step!
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