My Age of Investment

  Chapter 151 Ten Million Users

   "Break through 10 million users!"

  As the little dog roared at the work station, the employees rushed out of the work station, took the champagne to spray, and the office suddenly became a sea of ​​joy!

   has really become an ocean, almost flooded, champagne sprayed everywhere.

  Xia Jingxing heard the movement and rushed out to take a look.

  The little dog was soaked in champagne like a drowning dog, with wet hair...

   While smiling at Xia Jingxing, he was still spitting water, "Boss, ten million!"

  Xia Jingxing heard this number and couldn't help but feel a little delighted. It was not easy to reach this step one step at a time.

   But then he saw the messy offices and the employees who staged the temptation to get wet, and he couldn't laugh!

  Just about to start cursing, a champagne fountain showered him so much!

  He looked at the instigator Yang Niu, who smiled at her and said, "Are you happy? Are you surprised?"

  This can be tolerated. Xia Jingxing grabbed a bottle of champagne from an employee next to him, pressed the cork, and with a "bang", a champagne waterfall sprayed on the foreign girl.

result!

  The little dog was pulled to cushion her back, and was sprayed again. The foreign girl who was hiding behind the little dog also got a little "drizzle", her hair was wet, but the little dog was far from embarrassed.

   "I'm careless, there is no flash..."

  The little dog wiped his bitter gourd face with his hand, hurting his heart and looking aggrieved.

  The office has become such a ghost, and Xia Jingxing is too lazy to blame the employees who are chasing around and crying and howling.

  In order to completely suppress the dating network in the past few months, everyone has a sigh of relief in their hearts, and they have also endured considerable work pressure and psychological pressure.

  It’s not bad to let everyone reduce pressure properly now!

  The office was so dirty that it couldn’t work anymore. Xia Jingxing simply gave the employees a half-day vacation and called the cleaning company to help clean up the office.

  Except for a small number of people staying behind, everyone else was released by him. Whether they go to a dinner party or have a party, just let them.

  …………

  …………

  There is still half a month before the March period agreed with Diaoyou.com, and Facebook is the first to announce that it has exceeded 10 million users!

  This news was reprinted, reported by many Silicon Valley media, and given various interpretations.

  Some media said: Facebook, as the industry's first website to announce that the number of users exceeded 10 million, once again defended its throne and is the well-deserved "king of social media."

  There is also a small piece of paper that the media remembered Xia Jingxing handed out at the time, and it could read a sentence: three months to solve the battle.

  These media began to pick things up: under the powerful offensive of Facebook, other social networking sites have been losing ground, and they have dared not to make a sound in the media. The Facebook CEO’s prediction came true, and the social networking king dispute ended within three months.

  More media, directly came to Diaoyou.com and asked the other party how to respond to this matter.

  The media has always had no ethics. How ridiculed Facebook back then is now praising Facebook.

  This news was actually released by Xia Jingxing to the media deliberately, mainly to create momentum for the next round A financing publicity.

  If you don’t push down the dating network, it will be difficult for Facebook to get a high valuation.

  Daoyou.com’s CEO Jonathan was beaten in pain in the face of overwhelming public opinion.

  But he is not a person who is waiting to die. In order to reverse the unfavorable public opinion, he immediately arranged an interview with the media.

   "Facebook recently announced that its website has exceeded 10 million users. I seriously doubt the authenticity of this data."

  "Daoyou.com is not lagging behind. We are the first social networking site to open up the international market, with millions of users in Southeast Asia."

   "Time will prove everything, I don't want to say more."

  ……

  The media succeeded in picking things up, and they came to interview Facebook again: How to prove the authenticity of 10 million users.

  Xia Jingxing’s reply is very concise and powerful: we have launched the A round of financing and have begun to accept initial due diligence from venture capital institutions, whether it is true or not, and venture capital institutions will take actual actions to prove it.

  Seeing that Facebook is so emboldened, they all began to accept VC due diligence.

  At this moment, the media that had doubts about the authenticity of Facebook data were also shaken.

  Moreover, if there is such a thing as data falsification, it is really a big scandal, and Facebook don’t want to get investment.

  In addition, Amazon's Alexa ranking is also very valuable for reference. The media intercepted the ranking and reported it.

  The above ranking shows that Facebook is still steadily overwhelming the dating site, and the gap is getting wider and wider.

  After Facebook gained the upper hand in public opinion, the voice of questioning was also lowered.

  Most people who are concerned about this aspect have also accepted the fact that Facebook is more advanced.

  Of course, there are always doubts.

  To convince them, unless Facebook gets a huge investment from a venture capital institution, it takes practical actions to shut them up.

  …………

  …………

  Xia Jingxing is indeed in contact with major venture capital institutions, but has not yet reached the point of preliminary due diligence.

  Before the formal financing, he invited the old man John, Andrew, two directors, and shareholders to the meeting room of Facebook to discuss his opinions on Facebook’s Series A financing.

   "Now that the number of Facebook users has officially exceeded 10 million, most people also agree with Facebook's leadership. It is a good time to start the A round of financing."

  Old man John looked at Xia Jingxing with admiration, "You have chosen a really good time at this time!"

  Xia Jingxing smiled and said, “Before I got too close to the data of Dating.com, I always felt that the timing of financing was not ripe, and it was difficult to persuade venture capitalists to accept a high valuation.

   And there was money on the account at the time, so there was no need for financing.

  But now, the company's monthly operating expenses are getting bigger and bigger, so I think the time for financing is ripe. "

  Andrew asked: "How many venture capital firms have you approached now?"

  Yang Niu Hui reported: "There are already more than a dozen venture capital institutions in contact with us, and several angel investors are also included."

   "Which institutions are there?" Old John looked over.

  "Sequoia Capital, First Round Capital, DFJ Investment, Kaipeng Huaying...

  Individual investors include Reid Hoffman, Peter Thiel..."

  Old man John nodded, "Yes, it seems that you have already won the favor of well-known investment institutions."

  After speaking, the old man then asked: "What do you plan to do next?"

  "Inquiry first!"

  Xia Jingxing wrote lightly, “Sifting out those with too low bids from the first round first, and the rest enter the second round.”

  The old man John smiled and said: “This can be, but well-known investment institutions, you can give priority to them under the same conditions or under lower conditions.

  Endorsed by well-known investment institutions, the B round financing and C round financing behind Facebook are much easier.

  Furthermore, well-known investment institutions have always had a large network of contacts, and they can contact investors in subsequent financing rounds for you. "

  Xia Jingxing shook his head, "If Sequoia Capital's bid is too low, I will not consider them either."

  Old John frowned, "Why? Proper compromise is necessary."

  Xia Jingxing shook his head, “I think we have to be stronger. Facebook has not received Series A financing, so it can beat Diaoyou.com, which has received Series A financing.

   Well-known investment institutions also play a limited role for us.

  We have one principle: the one with the higher price gets it! "

  Old man John saw that Xia Jingxing became more and more assertive, and he didn't know whether it was a good thing or a bad thing.

  He did not argue with Xia Jingxing, and chose to give the founding team trust and support: "Anyway, you weigh it yourself!"

   "I have no objection."

   Andrew, who has always invested in Buddhism, is very supportive of Xia Jingxing.

  Xia Jingxing nodded. After an internal consensus was reached, he was going to meet various venture capitalists next.

  　Thanks for the reward list: Fatty Fatty Trash Accounts, Book Friends 20200110015217157, Book Friends 20201009194742567, AHRY Ha Hu, Book Friends 20190529014823468, Golden Light Man of Thunder, Book Friends 161109222908234.

  　　Pili Jinguangxia book friends have accumulated rewards to the hall master. Last time the rudder master added one chapter, this time another chapter was added.

  (End of this chapter)