Chapter 2374 Solve the concerns of small shareholders

The process was tortuous, but the result was okay. After a long and torturous board meeting, we basically reached a consensus of opinions.

However, this is not the end.

This kind of conference call is only informal.

Next, eBay will hold a formal board meeting to further confirm this matter. If passed, it still needs to be approved by the shareholders' meeting.

The process is still long.

Carl Icahn is already very familiar with these and is very happy. After the board meeting, he made a special phone call to Zhou Buqi to express his pleasure in cooperating. He also said that this was the most efficient spin-off case he had ever handled. Thanks to his cooperation with Xiao Zhou, the actions were amazing. so fast!

Zhou Buqi asked: "How long will it take for the news to come out?"

Carl Icahn smiled and said: "Soon! This month may be too rushed. eBay will hold a formal board meeting next month. I said, before the end of this year, an official announcement will be made!"

"hurry?"

Zhou Buqi really didn't know what to say.

Today is only September 20th, and there are still ten days left in this month!

For such a long time, you can't even hold a board meeting. This efficiency is really bad. How can this be an Internet company? The Internet industry is changing so fast. If you want to be viable, you must move quickly. The faster, the better.

It takes more than ten days to prepare for eBay to set up a board of directors.

Everything is delayed!

It can be seen that eBay, an Internet giant that was once famous all over the world, is really out of touch with the times. It is becoming less and less Internet-oriented and has become a traditional enterprise.

Carl Icahn is very used to this, and said with a smile: "You can't be too anxious, you have to give them enough time to demonstrate and analyze, so as not to repeat it again in the future."

Zhou Buqi asked: "After the spin-off of PayPal, what are your business requirements?"

"What requests do I have?" Carl Icahn knew that he was worried that he would interfere too much in PayPal's business, so he quickly clarified, "I don't understand the Internet, let alone online payments. All I care about is that I can quickly Promote PayPal's listing."

Zhou Buqi asked: "What is the way to go public? Should we spin off first, then start the listing process, and look for listing opportunities? Or should we start the listing process first, wait until some procedures are finalized, and then directly spin off PayPal, and then directly Conduct an IPO?"

In this regard, Zhou Buqi cannot be too arbitrary.

Carl Icahn on the other end of the phone is an expert in capital operations.

"The second option is more in line with the interests of small shareholders. Only listed companies can alleviate the tension of small shareholders. Not going public for a long time will cause greater chaos within the company."

Carl Icahn came up with the solution without thinking twice.

What if we split PayPal first.

Then PayPal, as an independent company, launched its IPO, which was slow. The entire IPO will take at least half a year to complete. In other words, within half a year, the stocks of those small shareholders will be locked up and cannot be sold.

This will cause some panic.

If the listing process fails and the Securities Regulatory Commission does not approve PayPal's listing request, it will be even worse, and small shareholders will have to rebel. So the best way is to wait and go through the listing process first.

If PayPal's listing process goes smoothly, the prospectus is issued, the issuance price is determined, and everything is ready to be continued, then the company will be split.

After the split, PayPal can go public immediately.

There is no transition period in between.

The worries of small shareholders are gone.

They can then be more supportive of the split plan.

Zhou Buqi does not need to question too much in this regard. He can completely trust Carl Icahn and said with a smile: "As for capital operation, I will listen to you."

Carl Icahn said cheerfully: "No problem!"

…

Although Yibei has not officially confirmed it yet, the cooperation between Zi Weiyun and Yibei has already begun.

This cooperation has nothing to do with the PayPal spin-off case.

It is simply eBay to purchase Ziweiyun’s services.

eBay has its own large data center and is also trying to go to the cloud, but it is not doing very well. The biggest technical problem in building an e-commerce platform is actually high concurrency threads in the short term.

For example, eBay's server capacity limit is 100, and the normal daily traffic is 10, the website can run smoothly and perfectly.

But online shopping requires promotions.

Once there is a promotion, the traffic will increase dramatically, and the traffic may reach 200. eBay's own servers cannot withstand it, causing page crashes or even paralysis of the entire platform.

At this time, you need to cooperate with Ziweiyun to purchase short-term elastic cloud services. During the promotion, the overload load exceeding 100 will be borne by Ziweiyun.

The eBay platform can run as usual.

In this regard, there is a huge technological gap between eBay and Amazon. Although eBay is also a technology giant in Silicon Valley, its technical level is really not good enough.

Zhou Buqi knows this very well.

Because Xu Liangjie used to be eBay's global vice president, in charge of engineering and technology, and was once the core person in charge of eBay's technology field.

In fact, Xu Liangjie has never really been in charge of technology after joining Ziweixing. Compared with Dr. Wang Jian, Dr. Shen Xiangyang, Dr. Kang Hongbo, and Dr. Du Tao, there is a huge gap between his level.

Even Wang Xiaochuan's technical level is better than Xu Liangjie.

Therefore, when Xu Liangjie was at Ziweixing, he did more management work; after changing jobs from Ziweixing to Ziweixing International, he transferred to the human resources field and became the senior vice president in charge of human resources.

In e-commerce, if you have poor skills, you won’t be able to do it at all.

eBay is at a disadvantage in competition with Amazon, and this is also due to its inferior skills. Amazon can launch various gimmick promotions vigorously and attract a lot of traffic, but eBay is difficult to do so.

Through in-depth cooperation with Ziweiyun, this hard indicator problem can be solved.

It's just that the cost is a bit high.

The current contract between the two parties is for three years and the total contract value is US$200 million.

For Zi Weiyun, this is definitely a big order.

It is officially announced that eBay and Ziweiyun have reached a strategic cooperation.

The market gave a positive signal. eBay's stock price surged 5.5% at the opening of the day, and its market value increased by US$2.3 billion. Compared with the income from the capital market, the US$200 million in fees paid to Ziweiyun in the next three years is not worth mentioning.

Zhou Buqi attaches great importance to cooperation with eBay. On this day, together with Lander, Kevin Johnson, Kurian, Jiang Fan and others, they came to Alameda County in the eastern Bay Area, eBay's big data center It's located right here.

Let’s take a look at the progress of the cooperation between eBay and Ziweiyun.

Mainly data migration.

If Ziweiyun wants to provide services for eBay, it must first have relevant data on the cooperation part. eBay needs to migrate all this data to the Ziwei Cloud platform.

This is a huge project!

The scale of data will be beyond imagination.

If Internet transmission is used to connect eBay's data center with Ziweiyun's data center through optical fiber, and the optical fiber is used for transmission... then the cost will be huge. It will not take a month or two, but it will cost a lot of money. The electricity bill of hundreds of thousands of dollars cannot be completely transmitted.

Fortunately, Zhou Buqi is no longer a novice. He has also learned about the relevant situation before.

He knew the solution was trucks.

The physical transmission cost is the lowest.

Just like transferring files between two computers, what is the fastest and most convenient way? Use online network transmission? Relying on Bluetooth transmission? Transmit via LAN?

neither!

The simplest way is to remove the hard drive from one computer and install it on another computer.

However, the transported materials aroused Zhou Buqi's curiosity.

There were five large trucks in total.

Instead of hard drives, tapes are shipped.