My Age of Investment
Chapter 162: Plan C
Chapter 162 Plan C
In a blink of an eye, it came to the end of December 2003.
Nicholas used Scape to make an internet call to Xia Jingxing. He said happily on the phone:
"Daren, tell you the good news. Scape’s Series A financing has been initially negotiated. With a post-investment valuation of $72 million, it will raise $18 million and dilute 25% of the equity.
You said last time that you want to maintain an 8% shareholding ratio, so in this $18 million financing, you have to invest $1.44 million. "
Xia Jingxing responded very readily, “It’s okay. I will let my lawyer Andrew fly to Tallinn to deal with this matter.”
"Dalun, are you not surprised? Our product launched less than three months ago, we started the A round of financing, the amount is still 18 million US dollars, hahaha~"
Nicholas' triumphant laugh came from the other end of the phone. In fact, this man has been suppressed for a long time. He has encountered various setbacks in his business, and has also gone to lawsuits. It is a rare occasion to raise his eyebrows.
Xia Jingxing understands this very well, and he can't bear to attack the other party. Lao Tzu has tripled your capital, and the diluted equity is less than half of yours, and it is not as good as yours.
So he had no choice but to echo: "Yes, while I am surprised, I am also very happy for you.
Compared with the angel round of financing, the valuation has increased more than ten times, which is really very exciting.
Congratulations, my friend, the telecommunications company will tremble with your strong expansion..."
Hearing Xia Jingxing put a bunch of rainbow farts, Nicolas smiled with satisfaction, chatted a few more words, and hung up the phone.
Scape has also received Series A financing!
This made Xia Jingxing think carefully about the financing of Facebook. At present, the financing funds have not been formally obtained, and it is not suitable for publicity around the world. Otherwise, a financing press conference will really be held, which will completely make Facebook's "first SNS website" sign.
There is a press conference right now. If something goes wrong in the middle, it would be funny.
Start-up companies generally scream around the world after the money arrives in the account.
The external media is somewhat suspicious. Didn’t Facebook say that it is about to sign an investment agreement with Axel? Why is there no more text?
Some media came to try to interview Facebook and Axel. Both sides remained silent and did not comment on the matter.
Sequoia Capital, Defengjie, and Kaipeng Huaying know some inside information, but the industry also has unspoken rules, and it is not a glorious thing for the three of them to lose after all, so the three of them did not shout everywhere.
In this way, after a period of uproar, the social field fell into silence again.
…………
…………
"Well, tomorrow is Christmas Eve, but I can't get home!"
Kristina walked into Xia Jingxing’s office and looked at the latter sadly.
Christmas is the Spring Festival of the Americans and it is also a public holiday. According to regulations, all American companies must take a day and a half on the afternoon of the 24th and the entire day on the 25th.
In some large enterprises, it is not surprising that employees take annual leave and rest for one week or half a month.
But Facebook is just a startup company, and there are not so many people to rotate, so it can only take a day and a half off.
Xia Jingxing is very considerate, "Or I will give you a few more days off, and you will return to the company in January."
The foreign girl immediately shook her head, “No, I have to do the due diligence and docking work with the people in Axel, and I have already talked to my home on the phone and can’t go back.”
She glanced at Xia Jingxing again, and said with a smile: "Last time I said that I invited you and my little dog to my ranch for Christmas, now I can only change the time."
"Do you still remember?"
Xia Jingxing laughed blankly, "Wait for next time, let's finish the work in this stall first."
"By the way, let the administrative department buy some Christmas gifts and decorations, decorate the company, and then send a Christmas gift to every employee."
Being in the countryside, Xia Jingxing doesn’t catch a cold at Christmas, but after all, there are many American employees in the company, so you have to take care of their feelings.
The foreign girl nodded, "Okay, I will arrange it now."
The little dog was about to enter Xia Jingxing’s office. When he saw the dog and the man flirting and cursing, he had to cough at the door and walked in pretendingly.
"Little dog, what's the matter?" Xia Jingxing asked.
The little dog smiled with joy, "Boss, what a great happy event!"
"Don't hide and tuck, let go if you have a fart!"
The little dog stood at attention, and reported: "The Dating Network is down!"
"It collapsed?"
Kristina was also surprised when she heard the news, and hurriedly asked what the dog was all about.
The little dog smiled and drove Xia Jingxing away from the boss chair. He sat down and had an experience, patted this and that, "This chair is really good!"
"Is the skin itchy again!"
Xia Jingxing lifted up his slap, eager to strike.
The little dog raised his hand to protect his head and quickly begged for mercy, “Boss, if you have something to say, don’t do it, I’ll show it to you right away.”
I was trained for a while, and the dog finally became honest, and operated the computer to visit the webpage of Diaoyou.com.
"What's the matter? Why can't it load in?"
Kristina Kristina can’t log in to the homepage of Dating.com for a long time. It shows login failed for a while, and loading is shown for a while.
"You'll find out in a while."
The little dog gave a mysterious smile, but did not reveal the answer.
Little Dog tried several more times and finally logged in.
Kristina estimated it, not counting the number of failed logins, the successful login this time, it took more than 20 seconds to load the web page.
So she asked: "Why do their web pages open so slowly? Is there a technical problem?"
The little dog nodded, with a face of schadenfreude: "Yes, there is a problem with their architecture, which cannot support so many users to visit."
"It shouldn't be, their technique is so bad?" Yang Niu looked puzzled.
"The technology is not a big problem at all, mainly because their website operation strategy also has problems."
Speaking of this, the little dog gave Xia Jingxing a thumbs up, “I’m still the boss, and I saw their problems very early.”
The foreign girl did not have a technical background. After joining Facebook, she made up for it, but she was still a wild way. With a little understanding, she quickly asked the deep-seated reason behind the collapse of Xiaodog Dating.com.
"They have too many users in Asia, accounting for almost half of their total users.
The site structure they designed at the beginning was not so comprehensive.
U.S. users visit during the day and Asian users visit at night. I think the programmers of Diaoyou.com should be about to collapse..."
After listening to the explanation of the little dog, the young girl looked at Xia Jingxing, surprised and asked with a hint of surprise: "Dalun, how did you anticipate it? The predictions have become reality. This is too powerful!"
"Well, I said earlier, they will be over sooner or later, you just don't believe it.
Especially John that stubborn old man, always feel that we are going to die. "
Xia Jingxing has no choice. It is impossible to say that he is not a prophet, so he can only pinch his chin, bite the bullet and pretend to be forced.
Unfortunately, there is no three-foot blue beard in the lower jaw, so the effect of pretending is a little worse.
"Boss, I don't believe it!"
The little dog straightened his chest and said, “I trust you unconditionally. You said that Dating.com is going to collapse sooner or later. I have been staring at it a few months ago.
No, as soon as it collapsed, I will report to you as soon as possible.
Maybe, I found out earlier than the programmers behind them. "
The smile of the foreign girl almost overflowed, "If this is the case, that would be great!
Our Series A financing is about to be completed, and our competitors have killed themselves, and there is no obstacle in front of us. "
The little dog nodded in agreement.
Like a foreign girl, he feels that the social circuit has let Facebook run.
Xia Jingxing has never paid much attention to Dating.com, because it is the social originator of the original time and space, and it has been flawed since its birth.
Juyou.com MySpace and Facebook are both established based on the experience and lessons of the failure of Dingyou.com, and naturally avoid some pitfalls.
Especially Facebook, the last of the three was born, avoiding the most pits.
The people who ran fast in front have already lapped all the mines, and Facebook walked in the back leisurely, picking off the biggest fruit of victory on social networking sites.
The pits avoided here mainly refer to development strategy and product design.
So Xia Jingxing has not been anxious about international expansion, because the higher he jumps, the worse he will fall!
Thinking that Juyou.com is still developing wretchedly, Xia Jingxing reminded him again, “Don’t be careless about this, too! Keep a normal mind.”
Kristina misunderstood the meaning of Xia Jingxing.
She thinks about it, too, Diaoyou.com hasn't completely fallen yet, and it is true that she can’t give her opponents the opportunity to correct their mistakes and regroup because of carelessness.
A hint of cruelty flashed in her eyes, and she asked the little dog: "Can their website system be redesigned?"
"Redesign?"
The little dog laughed, "According to their current size, redesign a system and replace it again, at least for several months!"
"A few months."
Foreign girls carefully figured it out. She thinks that a few months will not be too short, enough to be accepted by the dating network, and perhaps more than half of the users will be lost.
Xia Jingxing smiled, for a few months, that group of people was overestimated.
He knows clearly that in the end, making friends on NetPresence redesigned a system. How long did it take?
A full year.
In this life, perhaps because the enemy of Facebook is watching by the side, Diaoyou.com’s entrepreneurial team feels pressure and can they be more diligent?
Xia Jingxing felt that he should take advantage of his illness and kill him, just about to give an order.
was preempted by the foreign girl, she looked at Xia Jingxing with piercing eyes: "We will launch our C plan immediately!"
(End of this chapter)
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