Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 519 You Know Technology(2/2)

Later, Peter Thiel remembered what he had told Paning about the merger before, and said: "Lu, do you know X.com? Under the leadership of Elon Musk, this company is still very powerful.

, we have discussed the merger of the two companies before, what do you think?"

How could Lu Yiming not have heard of the famous Iron Man of Silicon Valley?

But at the moment, Elon Musk is not well-known in Silicon Valley and is just an ordinary South African immigrant.

Speaking of Elon Musk, Lu Yiming became interested and said: "This is a good idea, but why is PayPal merging with X.com instead of X.com merging with PayPal? I am more interested in this matter.

Leave it to me."

Half an hour later, Lu Yiming and Li Yiwen left PayPal and headed to X.com not far away.

At this moment, X.com, Elon Musk is sitting in his office, frowning.

At present, more than a dozen Internet companies are collapsing every day in the entire Silicon Valley. People who go bankrupt because of this can be seen everywhere, and he is very worried that he will become one of them.

At this time, the company's chief financial officer Eddie He walked in and reported to Elon Musk: "The company has less than one million US dollars in funds in its account. We may not be able to sustain the next one."

moon."

In 1995, Elon Musk had just been studying for his Ph.D. at Stanford University for two days when he decided to start a business. So he dropped out of school and hired his younger brother Kamba Musk to start a business with the help of a small group in Silicon Valley.

Random angel investment founded Zip2 company.

In 1999, computer manufacturer Compaq acquired Zip2 for US$307 million in cash and US$34 million in stock options. 28-year-old Elon Musk made a profit of US$22 million from this acquisition.

Two months after the company ZIP2 was acquired, Elon Musk took his 22 million U.S. dollars and spent 12 million U.S. dollars to establish X.com. After paying taxes, his account

There's less than four million dollars on it.

After a year of hard work, there was only one million US dollars left in the account.

The current situation of X.com is not good. It has a strong competitor like Confinity, and it will face criticism from investors later. At the same time, the market environment is very unfavorable for the entire Internet industry.

Not to mention his employees, even Musk himself has little confidence in the future.

Just as he was thinking hard about how to keep his company alive until June, an employee said: "Sir, there is an Asian outside who wants to see you."

Elon Musk was a little surprised to hear that he was an Asian. In his opinion, the probability of African Americans appearing here is higher than that of Asians.

"Let him in."

Not long after, Elon Musk met the Asian--Lu Yiming.

After just one glance, he immediately stood up from his seat, walked around the desk, came to Lu Yiming, bent down slightly to make himself look about the same height as Lu Yiming, stretched out his hands actively, and said: "Mr.

Lu! Welcome! I often hear all kinds of news about you during this time. You are really amazing!"

In the eyes of many uninformed people, Elon Musk should be an image of an aloof technical genius who is shy about being around ordinary people. But in fact, people who know him a little bit know that he is actually very lively and even

He is a funny guy. His bragging skills are beyond the reach of ordinary people.

Now Lu Yiming knows that this guy is still a licker.

Lu Yiming faced Elon Musk, who was less than thirty years old this year, and said straight to the point: "As long as you know me, then I won't talk nonsense. Can your company be sold?"

The smile on Elon Musk's face suddenly solidified.

Currently, X.com is still in its trough and is losing a lot of money, which is unacceptable to the "genius" Musk.

In his opinion, Lu Yiming's acquisition of X.com at this time was obviously intended to be a bargain hunt. Under the current circumstances, X.com would definitely not be able to be sold at a good price.

Therefore, he simply refused: "I won't sell it!"

Facing the tough-minded Elon Musk, Lu Yiming's smile did not diminish and he said unhurriedly: "Business can be negotiated. Do you want to hear my quotation first?"

Elon Musk said with a cold face: "I don't think it is necessary."

After being rejected, Lu Yiming didn't care much. After all, compared with the huge value that Elon Musk can bring in the future, the little income that X.com can bring at the moment is really not enough.

So Lu Yiming did not continue to tease Elon Musk, but talked about business with him: "I just left Confinity, and I invested 30 million US dollars in them."

When Elon Musk heard this, he calmed down instantly. He is a smart man, so he naturally understood what Lu Yiming meant by this.

X.com and Confinity are competitors to begin with. Now their rivals have received a large amount of financing, but they are still waiting for money. Once a war breaks out, can X.com withstand the other party's money-burning offensive?

Seeing Elon Musk's uncertain expression, Lu Yiming continued: "I'm here to tell you this now, and I don't intend to declare war with you with PayPal."

Elon Musk frowned slightly and muttered in confusion: "PayPal?"

Lu Yiming smiled and said, "Yes, Confinity has officially changed its name. PayPal represents a new beginning and a new journey. I hope you can lead your team and join us together. Only by working together can we fight against the real enemy."

"The real enemy?"

Lu Yiming said: "Yes, I think that after we unite, the real enemy will be Yibei."
Chapter completed!
PrevPage Index    Favorite Next