Vol 5 Chapter 1206: Final preparation

"Do your best, how much cash can you raise in one to two months?" Whitman asked the person sitting across from his desk in the eBay park.

Faced with her question, eBay’s f, Rajiv of Indian origin calmly said, “In addition to the need to maintain business operations, we can raise 1.5 billion US dollars.”

"Not enough," Whitman shook his head. "I hope to increase to 3 billion dollars."

"You know, it's going to be a bit of a hassle." Although Whitman doubled that goal at once, Rajiv didn't feel too embarrassed.

He is so emboldened, naturally because the cash reserves in eBay, together, can meet Whitman's requirements.

"Does it only use overseas cash reserves?" Hearing him talk about trouble, Whitman immediately understood what the so-called trouble was.

Like all qualified companies in the United States, in order to avoid high taxes in the United States, eBay also puts a large amount of cash reserves overseas, and some of them may be stored in Chinese banks.

"Yes," Rajiv nodded.

"You give me a report first." Whitman also has a headache with this question. The Internal Revenue Service of the United States, it is really not ordinary. It is the tax that must be paid to transfer one billion overseas cash reserves back to China. , Will make Whitman's eyes turn green with pain.

"It is indeed a last resort, this is the price we have to pay," she said.

Who makes her think that Skype has an incomparable role in the further development of the company?

"Does it all have to be paid in cash?" Rajiv also scratched his head.

As the person in charge of finance, he would naturally not be too happy about the situation where he might have accumulated a wealth of money for many years in this way.

With grain in hand, I don't panic in my heart.

If all the cash reserves are spent, what emergencies will happen next, and he will scratch his head again. Who will let him be responsible for fund management?

"For them, using cash is also very uneconomical,"

The principle is the same. For the cash paid, i (US Internal Revenue Service) is not to wipe off a layer of oil, but to cut a solid piece of meat.

"Can't some cash and some stocks?"

As long as you do not cash in stocks, i cannot cut the meat.

"You still don't know, is this Mr. Feng's love for cash transactions?" Whitman said irritably.

Rajiv "tsk", indeed, all mergers and acquisitions conducted by Feng Yiping so far have been paid in cash.

"Besides, can't you see that he is too confident in our stocks?" Whitman said again.

This reason is also obvious.

If Feng Yiping is optimistic about eBay, then he will think that he will want eBay shares instead of PayPal shares.

This is another uncomfortable place for Whitman. Feng Yiping acquired other companies and was unwilling to sell his company's shares because he had confidence in the development of his company.

The company’s current share transfer may be seriously undervalued and very uneconomical, so it is better to pay in cash, even if it is a large increase in financial expenses. From the perspective of bank financing, it is a good deal in the long run.

And he doesn't want eBay's stock, the reason is the same, but this means that he is not optimistic about the development of eBay, and the stock may depreciate if he gets it.

This makes Whitman, who is proud of developing eBay as the world's number one e-commerce company, feel so embarrassed?

Are you so inferior to my grades?

If it weren't for Feng Yiping, it would be really hard to offend Feng Yiping, Whitman would really have to talk to him.

Because everyone in the industry knows that Feng Yiping has a good vision. He doesn't want eBay stocks. If it is exaggerated by some stock commentators or financial reporters, it may affect many people's confidence in eBay, and then eBay's stock price.

"Not to mention 50 to 50 cash and stocks, at least stocks account for 30% of the total price. This is a plan they can accept," Rajiv said.

"I will strive to reach such a plan, but we still have to prepare for a higher share of cash, or a full cash plan," Whitman said.

"It should be the best proof that the Chinese have always liked cash," Rajiv couldn't help but complain.

However, his confidence is somewhat lacking, not only because Feng Yiping has made so many achievements that cannot be spit out, but also because in this regard, the Indians are not much better.

He decided to change his angle and let Whitman strive to increase the share of eBay's stock in the acquisition settlement, "So, what about the dividend you mentioned earlier?"

If you spend all your cash reserves at the bottom because of the acquisition of Skype, how can you still have money to pay dividends?

But he really made the wrong topic, and Whitman said annoyedly, "With such a good acquisition target, what kind of dividend do they want?"

Rajiv wanted to scold his mother a bit, saying that dividends were also your proposal, and you mentioned it more than once, okay?

Originally, the high-tech circles in the United States, from Microsoft to Cisco to Oracle to Hewlett-Packard..., they are all indomitable iron cocks.

Of course, the biggest iron **** apple later, this meeting, that really wanted to pay dividends, and really couldn't send it out. It didn't have much cash reserves in this meeting.

This is good. Anyway, these big companies are good. They are not like Google. They hope to go public and give retail investors some opportunities. Most technology companies use the non-distribution policy and coldly treat those who suffer. Investors driven by short-term interests are excluded.

Do you expect to buy my stock and pay dividends at the beginning of the year? no way!

No matter how much cash you have, it has nothing to do with you. It can only be used to help the company's development, mergers and acquisitions, and stock repurchase.

So, if you don't want to hold our stock, you can sell it and we will accept it.

However, the boss of the world's richest man, Gates, suddenly took the lead in breaking the rules in 2003. He not only announced Microsoft's one-share two-share split plan, but also announced that before the split, US stocks will pay 16 cents!

It’s okay at first, the man is the boss, what do you want to play, how do you want to play, who can use him?

But who is Whitman, I am the queen of Silicon Valley, and Microsoft has paid dividends, so I naturally want to highlight the queen’s demeanor, so she immediately told reporters, “We are currently considering using its excess cash to Shareholders pay dividends,"

As soon as the news came out, she did gain a lot of fans, and there was a faint presence in the high-tech industry in the United States. The man regarded Gates as the king and the woman respected her.

However, she is on eBay, but Gates is not as good as his Microsoft. This consideration has been considered for a long time.

We know that such a promise that will not be fulfilled is the most hurtful, but seeing that the dividend is delayed, Whitman naturally received a lot of criticism.

But this is not over yet. Last year, Microsoft, intentionally or unintentionally, gave Whitman a heavy hammer by the way, and they announced with deep pockets that they would give a one-time dividend of $3 per share.

But Whitman, who repeatedly said "still under consideration and still designing a plan," for the sake of personal prestige, that is really desperate to promote the dividend plan.

Now, you say no?

Rajiv lowered his head, who made you the boss?

"At that time, I will explain the situation to investors," Whitman said. She still doesn't hold the pot under her hands for such things.

Of course, she mainly believes that investors should understand the benefits.

Rajiv felt a little better, and asked another question of his own, "Do you think that doing this is a bit too much?"

It seems that there are several companies that are making money. From the current disclosures, News Corp. seems to have the greatest advantage. How can we prepare for a hit?

Where can such confidence come from?

Whitman stood up, "Didn't you see it, can't give him more time~www.wuxiaspot.com~ I don't know, if we continue to fight like this, how high will the skype purchase price be raised? ,"

She really felt that Feng Yiping would be too talented not to work at the auction house.

He just releases some news from time to time that News Corp, Yahoo, and his own company can't help but raise their bids, so he really cannot go on like this.

"We just have to be prepared to complete our work in this way, and set out our conditions. If he agrees, then agree, if he disagrees, then we will give up."

Whitman spoke very sonorously.

We have to say that a woman who can get to the point where she is today is by no means a soft-hearted person, she is more affordable than a man.

Next, she met with the heads of other business departments respectively, and they all conveyed the same spirit.

In short, her side was ready, and she was waiting for Feng Yiping's response.