Mintoshi

I dabble in #bitcoin, crypto, DeFi, NFTs & inscriptions.
CM @doobroCN @baycsg @unipioneer

[Ryan Cohen @ryancohen]

🫪

[Paul Branham @BoilerPaulie]

Allow me to translate this letter from eBay for those who don’t speak legalese:

Ryan,

We got your unsolicited offer to buy eBay for $125/share (half cash, half stock) supported by your 5% economic interest in eBay.

Our board, backed by the usual crew of bankers and lawyers who get paid either way, “thoroughly reviewed” it.

We’re rejecting it. Not because the math doesn’t work. Not because the highly confident letter from TD Securities for up to $20B on top of your $9B+ cash pile is fake. None of that.

We’re rejecting it because your entire approach to running a company is an existential threat to how we like to operate here.

Here are the reasons we feel this way, and the things we considered before paying consultants to write this:

1) We’d rather keep milking eBay as a “standalone” cash cow than let you turn it into something bigger and better.

2) Sure, you’ve got real financing lined up and you “know people” with deep pockets, but we’re going to call it “uncertain” anyway so we don’t have to engage.

3) Your plan would actually force real long-term growth and profitability changes we’d rather not be held accountable for.

4) The debt we pretended you can’t even obtain, the operational integration and focus on seller satisfaction, and most importantly, putting someone like you in charge of the combined entity all sound like a nightmare for our current leadership structure because all of us would have zero job security.

5) The valuation math only looks bad if you ignore the 46% premium you’re offering our shareholders and the upside from fixing eBay the way you fixed GameStop, which we are choosing to do and hoping nobody notices.

6) And I hope we buried the lede far enough here: Your governance and executive incentives are completely incompatible with ours. You and your board take zero cash, no salary, no bonuses, no golden parachutes. You buy shares with your own money and only get paid if shareholders win. We, on the other hand, like our nice, reliable annual payouts regardless of whether the stock is flat or the company is just coasting. We’re not about to hand over our golden goose to a guy who eats only what he kills.

Look, eBay is “strong” and “resilient” in the way every entrenched public company says it is while handing out eight-figure checks and perks to the C-suite. We’ve done the usual incremental stuff: tweaked the marketplace a bit, returned some capital, and we’d like to keep doing that without any cowboy from GameStop coming in and demanding actual skin-in-the-game accountability. Can you just leave us alone?

Our team remains focused on protecting the current regime and delivering “value”… mostly to ourselves and our consultants.

Thanks, but no thanks,

Paul S. Pressler
Chairman of the Board, eBay
(And proud beneficiary of the status quo)

[The White House @WhiteHouse]

Power to the Players

[Mintoshi @0xMintoshi]

@haze0x 太帅了鸡哥

[Mintoshi @0xMintoshi]

@burnttoast Me sir me, I want my doodle back!

[burnt toast @burnttoast]

who wants a doodle??

rt, comment ● - ●, and follow me so I can dm you if you're chosen. you can unfollow me after, all good

[Mintoshi @0xMintoshi]

我财运极佳，我天生就是富贵命 金钱总是向我飞奔而来 赚钱对我来说很容易 我非常感激我的钱，请给我更多 我将步入人生中最富裕的时期 我会有非常非常多的钱 2025年相信自己一定能拿到大结果

感谢有孙哥陪伴 @0xSunNFT

[Mintoshi @0xMintoshi]

@CryptoDevinL 6xBmKuNVcARfMuHVoAUZCviUXhfeQDmxvVYtEqPasHQT

希望能进群跟D哥一起奋斗

[Mintoshi @0xMintoshi]

2025 我即将步入人生中最富裕、最平衡、最成功的时期。我天生就容易招来好运，而且我不仅拥有财富，而且财富还多多。我允许自己繁荣昌盛，我有能力打造自己想要的生活。

[Mintoshi @0xMintoshi]

He’s literally … Saylor Moon …
I’ll see myself out

[Michael Saylor @saylor]

I will see you on the moon. #Bitcoin

[Mintoshi @0xMintoshi]

三年了，拜拜了我的兜子

[Mintoshi @0xMintoshi]

Absolutely monumental

[Michael Saylor @saylor]

$MSTR to enter Nasdaq 100
https://t.co/kDtDxWTSbI

[Mintoshi @0xMintoshi]

这老b全身最硬的地方就是嘴

[Peter Schiff @PeterSchiff]

It's ironic that #Bitcoin only hit $100k by buying off politicians and getting in bed with government. Without expected government intervention, this milestone never would have been hit. What couldn't be done in a free market was achieved through the cohesive power of the state.

[Mintoshi @0xMintoshi]

The one and only $BTC

[Mintoshi @0xMintoshi]

@seaify1 @0xSunNFT 支持风景哥，同样喜欢雪中悍刀行，也是老乡，希望有天能和风景哥一样牛x

[Mintoshi @0xMintoshi]

@seaify1 @0xSunNFT @hexiecs 风景哥好！

[Mintoshi @0xMintoshi]

Steady lads!

[Mintoshi @0xMintoshi]

孙哥的剧情是，检查合约后光速买猴换币，猛赚45e，随后再来一次小赚几e收尾。
我的剧情估计是，犹犹豫豫买猴后进了个假的网站猴子被骗走，心有不甘再去买币，结果被砸晕.