My Age of Investment

  Chapter 101 Acquisition

  After the new office is rented, it needs a simple decoration design. Therefore, the Facebook company has not moved over, and everyone still stays in the original incubation base.

  On this day, a beard-faced young white man of about 30 years old knocked on the office door and walked in.

  "Is this a Facebook company?"

  Shen Xinyi, who was near the door, stood up, greeted him with a smile, and acted as the front desk.

   "Yes, this is Facebook, sir, who are you looking for?"

  Amin Zefner briefly introduced that he came from Google and wanted to talk to the management team of Facebook to talk about cooperation, and handed him a business card.

  Shen Xinyi took the business card and looked at it, and saw the other party in suits and leather shoes, dressed as an elite, no doubt about him, raised his hand, compared a "please" gesture, and brought the other party toward Xia Jingxing's work station.

  "Dalun, this is Mr. Zefner, the head of Google’s corporate development department. He wants to talk to you about cooperation."

  Facebook advocates a free culture and flat management, so colleagues, subordinates, and superiors are directly commensurate with their names.

  Xia Jingxing heard the words "Google", "cooperation", etc., and became a little bit interested. He stood up and looked at Zeffner.

  Zeforner smiled, stepped forward, and handed out a business card.

  "Dylan, hello, my name is Amin Zefner, this is my business card..."

  Xia Jingxing took the business card and glanced at it, smiled and shook hands with the other party.

  He didn’t know the other party’s intentions, but the visitor was a guest, not to mention the famous Google. He greeted him to sit down on the sofa in the corner and asked Shen Xinyi to hand over two bottles of mineral water.

  Zeforner took the water, said thank you, unscrewed the bottle cap and drank, eyes inadvertently glanced around.

  These small movements naturally fell into the eyes of Xia Jingxing, but he was not in a hurry to ask the bottom line.

  Zeforner looked around the office and said with a smile: “It’s hard to believe that Facebook, a social networking site with millions of users, has only a dozen employees.

  Looking at their age, many people should still be students, right? "

  Xia Jingxing smiled and said, “Yes, we only have half of our full-time employees, and the other half are interns. The simpler the company structure, the better the management and the higher the efficiency.”

   "Hahaha~"

  Zeforner laughed, "Daren, you are too right. Our boss often complains that the Google staff is getting bloated, instead of the flexibility and efficiency of the past."

  Xia Jingxing smiled faintly, but did not answer, thinking about the purpose of Zeffner's coming.

  Zhefuner is also very good at observing words and colors, he smiled and started to go straight to the subject.

   "I learned about Facebook in detail. Your website has only been in operation for 10 months since it went live at the end of August last year, right?"

"Yes!"

  Zeforner nodded, “It has achieved 3 million registered users in ten months of operation, which is quite good.”

  "Daren, are you still a student?"

  "Coming sophomore year."

  Zeforner smiled, “I take the liberty to ask, for the future of Facebook, how do you plan for the future? For example, independent listing?”

  Xia Jingxing shook his head, "I haven't considered that long-term for the time being, I want to increase the number of users first."

  Zeforner pondered, “It is undeniable that social networking sites, as an emerging Internet model, are becoming more and more popular and liked by people.

  As far as I know, dozens of social networking sites have appeared on the market in the past month, and a large number of entrepreneurs have targeted this track.

  As the number one in the industry, Facebook wants to keep its advantages, I am afraid there is still a bad battle to be fought! "

  Xia Jingxing nodded, "Yes, this is unavoidable. In the search engine track, isn't Google also defeating each of its opponents to come to this day?"

  Zeforner smiled and said: "If Google is willing to help you? Will the odds of winning this competition be higher?"

  Xia Jingxing suddenly became alert.

  Google helps Facebook?

  There is no free lunch in the world!

  "Isn't Google always being a search engine? Why? I have also taken a fancy to social networking sites?"

  Xia Jingxing smiled and looked at Zefuna, as if to see through him.

  Zeforner looked as usual when he saw that he had been exposed, and he didn't feel embarrassed at all.

  "Daren, let me just say it straight. Google is very optimistic about social networking sites, and also very optimistic about Facebook.

  We are willing to join hands with Facebook to provide users with richer and diversified Internet services. "

  Xia Jingxing understands now.

   "Google wants to buy Facebook?"

  Zeforner shook his head and smiled and said, "Wrong, it's an M&A. You and your team can join the Google family.

  In addition to providing stocks worth 30 million U.S. dollars, we can also provide you with equity incentives based on Facebook's operating results.

  All remunerations are compared to Google’s existing employees, and we will never treat you badly.

  In addition, with the full support of Google, I think Facebook should be able to quickly win the social battle. "

  Xia Jingxing laughed, "Mr. Reid Hoffman gave Facebook a valuation of 100 million yuan a few days ago, and he planned to invest a sum of money for us, but we refused."

  Zeforner's face was slightly surprised, but he quickly calmed down.

  "Dalun, you have to understand the difference between financing and mergers and acquisitions."

  "The money for financing is entered into the company's account."

   "And mergers and acquisitions, it is to enter your personal account."

  "Accepting mergers and acquisitions, in addition to not having to bear the risk of starting a business, you can also display your talents on the larger platform of Google."

  …………

  Zeforner persuaded with all his heart, and listed the benefits of accepting mergers and acquisitions and joining Google.

  Xia Jingxing waved his hand gently, “Mr. Zefner, you don’t have to say any more, Facebook will not accept mergers and acquisitions.”

   "If we are not satisfied with the acquisition price, we can still negotiate."

  Zeforner lowered his voice and added: “Google will go public next year. If it accepts mergers and acquisitions, these stocks may be worth at least two to three times their current value by next year.”

  Xia Jingxing is not clear about the current valuation of Google, because after 2000, Google has not refinanced, but he estimated that it must be above tens of billions of dollars.

  Because Yahoo offered $10 billion at the end of last year, and Google rejected the offer.

  In addition, when Google goes public next year, its market value will indeed reach more than US$20 billion, which is more than twice the current valuation.

  If you currently sell Facebook to Google, you won’t be able to get 1% of the shares.

   Even if we talk with Google again, and we can increase the price, it will cost one hundred million, and at most we will get 1% of Google’s shares.

  He occupies 70% of the shares of Facebook, which is 0.7% when replaced by shares of Google.

  In another seventeen years, this is 7 billion U.S. dollars!

  Think about it carefully, it is indeed not less.

   is just a fraction compared with Xiao Mazi's net worth of hundreds of billions of dollars.

  But he is not an American, and it is almost impossible to control Facebook like Xiao Mazi.

  At present, there is no obvious resistance, and it is still because Facebook is not dazzling enough.

  Zeforner saw Xia Jingxing’s face and thought, thinking that the other party was tempted, and continued to preach: “The current Facebook team is small and they are relatively young. Experience is a big shortcoming of yours.

  Next, the competition in the social field will definitely become more and more fierce.

  Can you guarantee that Facebook will always maintain its current advantage and not fall behind?

  Trust me, Darren, choose Google, you will not regret it.

  At the same time, you can also take this opportunity to become Stanford’s richest student, a multimillionaire who made his own from scratch.

  You can live in a luxury house, drive in a luxury car, travel and vacation all over the world..."

  If it is an average young person, it is likely to be moved by the "simple and unpretentious" life described by Zeffner.

  But Xia Jingxing's heart is as firm as a rock.

  He can't guarantee that the Facebook he founded will be successful, because, as Jefner said, challengers emerge in endlessly.

  However, he is more willing to take a gamble, betting that the Facebook he founded will definitely become the final winner.

   Winning all the way, Facebook’s valuation, and even market value, will definitely get higher and higher, and the benefits he can get are far beyond the present.

   Even if he fails, he still has a way out, NetEase shares in the stock market.

  Thinking about this, he no longer hesitated, "I'm sorry, I won't sell the company."

  (End of this chapter)