My Age of Investment

  Chapter 152 Seems to be a mess?

  "Would you like to call Nicky and George?"

  After Old John and Andrew left, Christina suggested in a low voice.

   "What? Do you still want to contact that idiot?"

  The little dog was a little unhappy, he had no good impression of that George at first.

  Some time ago, he heard about George’s visit and wanted to buy shares in their company at a low price, which made his impression of this young man even worse.

  "We are only politely sending out an invitation letter. It is his business whether to participate or not. It is only necessary to do our etiquette."

  Kristina is the same as the dog, but she doesn’t have a good impression of George or even Nicky.

  It's just that she is more cautious and mature, and doesn't want to have a few more enemies out of thin air, and they are all enemies with extraordinary family background.

  Xia Jingxing knows that Christina is kind, but how can the world be as expected!

"you send it!"

  He smiled and said to the foreign girl, “It’s just that he will probably be rejected. George, according to my simple judgment, is a arrogant but not stupid person.

  His father is a financial tycoon. He grew up in that kind of family environment, and he would look for opportunities when he was caught in the ears and eyes.

  Morgan Stanley, a large investment bank, is just superficial and has done a lot of bad things behind the scenes. As long as there are benefits, it is common to sell junk bonds and stocks to customers.

  George saw Facebook, why don’t you want to invest in us through normal channels? Instead of taking over the equity we transferred?

  Either he has not enough money at his disposal, or he wants to engage in a speculative act and get Facebook equity at a low price.

  You now tell him that if the valuation is less than 300 million US dollars, don’t make an offer. He will only treat your kindness as a humiliation to him.

  It might be possible to hate us because of this. "

  Kristina hesitated, thinking about Xia Jingxing's words carefully, let alone, it really makes sense.

  She turned her head to look at Xia Jingxing, and asked the latter’s opinion: "Then no more?"

   "It doesn't really matter if you post it or not. If you don't post it, he might think we underestimate him."

  Xia Jingxing looked indifferent, and he was not afraid of a few more enemies.

  Whether doing business, there is no chance that people will not be offended.

  …………

  …………

  Finally, the foreign girl sent an email to George.

  Sure enough, Xia Jingxing did not expect it. After receiving the e-mail, George's face was green and he cursed: "Fak, what kind of rubbish, a few poor students tossed in a year to build a website, the valuation dare to be 300 million US dollars.

  Below this number, it cannot be shortlisted for the second round of financing negotiations. "

   "George, what's the matter with you? Calm down."

  Nicky and her "new best friend" Holmes were drinking afternoon tea. Seeing her boyfriend furious at the computer, she hurried over to persuade them.

  George was not in the mood to explain, he pointed to the computer and let Nicky see it for himself.

   "Facebook is valued at 300 million U.S. dollars?"

  After reading the email, Nicky was stunned. This is definitely an astronomical number. Even if she has a senator father, she can never say that this is a small number.

  George sneered again and again, "This is the valuation they brag about. I don't agree with it anyway. The Facebook gang is really crazy about money.

  I want to see, they set such a high valuation, and several venture capitalists dare to take such a big risk to invest in them. "

  "I read the media reports that the number of Facebook users has exceeded 10 million? It ranks first in the world's social networking sites!"

  Holmes took a sip of coffee and said lightly.

  There are outsiders here. George is not good at attacking. He restrained his emotions and pretended to be knowledgeable and said: “Venture investors are not fools. The pain caused by the Internet bubble has just passed.

  No one’s money comes from a strong wind. Venture capitalists will definitely consider many aspects when investing in projects.

  The founders of Facebook are too self-esteem.

  The asking price starts from 300 million U.S. dollars, haha~

  If the financing fails, I see how they end up.

  In addition, their competitors are only temporarily behind.

  If Facebook financing is not going well, I think the counterattack of these competitors will make this social battle even more exciting. "

  Nicky frowned, "Do you mean that Facebook financing will fail? And then it will bring a lot of negative effects?"

  George nodded, “In the Internet battlefield, financing is also a competitive strategy. Financing faster than rivals and more financing are all adding weight to the balance of victory for one’s side.”

   "If the financing doesn't go well, can't they lower the valuation?"

  Nikki’s question opened up new ideas for George.

  If Facebook's financing is not smooth, do you have a chance to pick up the leaks?

   Thinking of this, he calmed down and sent an email back to Christina.

  The general idea is: He first said that he could not accept the offer, and refused to express his apologies. At the same time, he wished the Facebook financing a complete success.

  If there is a chance in the future, he hopes that the two sides can cooperate with each other.

  There is no trace of hostility in the entire email, just like an old friend who feels embarrassed for rejecting a friend, sincere and sincere words are revealed everywhere.

  When George wrote the email, Nicky went to the bathroom halfway, and Holmes began to introduce his blood testing company.

  Holmes did not directly ask for investment, but the meaning was also very clear.

  George pretended not to understand, "I'm a little tired today, or go to my room to talk at night!"

  Speaking, George also handed Holmes a room card.

  Holmes gave George a glance, and naturally accepted the room card.

  After a while, Nicky went to the bathroom and came back, and the three of them continued to laugh and laugh.

  …………

  …………

  Facebook Company.

  Kristina, Xia Jingxing, and Little Dog are counting the emails replies from various investment institutions.

  300 million US dollars, just represents the entry threshold, not the final valuation of Facebook.

  This quotation threshold directly excludes 80% of investment institutions that intend to invest in Facebook.

  So most of the emails that reply to Facebook are all expressing regrets and looking forward to the next cooperation.

  It was George who replied to an email with sincere words and no guns or sticks at all, which surprised the three of Xia Jingxing.

   "Boss, is there any fraud in this?"

  Dog doesn’t believe that George can speak so softly. Fortunately, I wish the Facebook financing success.

  This is definitely not the tone of the second generation ancestor!

  There is a conspiracy!

  There is definitely a big conspiracy!

   "I can even understand your IQ, why can't I?"

  Xia Jingxing is a bit funny. The little dog talks and does things so it is always so uncontrollable.

  Kristina did not speak, and continued to look through the emails replies from various agencies.

   "I have read all of them. A total of 37 institutions have rejected us!"

  Kristina put down the mouse and turned her head, looking at Xia Jingxing and the little dog with an unpleasant expression.

   "All rejected!"

  The little dog was still teasing with Xia Jingxing, but now she can't laugh at all.

  He turned his head to look at Xia Jingxing, and asked, “Boss, did we mess this time up?

  Our last round of financing was a valuation of 5 million US dollars, and now it jumps directly to 300 million US dollars, which is a full 60 times! "

  Xia Jingxing frowned, he was also a little surprised, shouldn't it be the case?

  What went wrong?

  300 million US dollars, which sounds a lot at first, but it’s actually okay.

  In more than ten years, a few AI scientists will get together, and the project has not yet started research and development, just one idea, the angel round valuation is only this number.

  But at the moment, the A round with a valuation of US$300 million is still relatively rare.

   Xiao Mazi’s Facebook raised $12.7 million in Series A at that time, with a post-investment valuation of 99.7 million U.S. dollars and a pre-investment valuation of 87 million U.S. dollars.

  But Xiao Mazi Rong had no 10 million users at the time of A round, and it just broke through 1 million users for five months.

  The other data available for his reference is MySpace Juyou.com.

  When the other party sold it to News Corporation, there were 17.7 million monthly active users at that time, the transaction price was 580 million U.S. dollars, and one user was worth less than 33 U.S. dollars.

  But the data is dead. When financing, industry leadership, business model, income, profit, etc. must be referenced.

   "Hey, that's not right!"

  Kristina said, awakening Xia Jingxing from her thoughts.

  He asked: "What's wrong?"

  (End of this chapter)