My Age of Investment
Chapter 165: Every pore of capital drips with blood
Chapter 165 Every pore of capital drips with blood
"You asked me before, why are you so optimistic about Facebook?"
Xia Jingxing nodded, he had asked this question.
Breyer smiled and said, “I didn’t tell you at the time, but I told you after becoming a Facebook shareholder.
Although it hasn't settled yet, we have audited Facebook's revenue statement, and there is no big problem.
So, I think it’s okay to tell you now. "
Xia Jingxing suddenly became interested, and curiosity was hooked up.
Brayer sorted out the language and slowly said: “We have been focusing on the next hot entrepreneurial direction since the beginning of this year.
Google back then, in fact, we have already decided to invest.
You may know that just because the gang of idiots from Harvard and MIT were clamoring to divest their capital, they unfortunately missed Google.
I think that those idiots must be very regretful now, they have made so much less money, and they don’t know if they can sleep at night. I guess they will have to repent if they see God in the future!
Okay, no more nonsense.
What I mean is simple, Axel’s industry research has always done well.
It seems to the outside world that we have rarely invested abroad in recent years. In fact, we are planning a big move.
The birth of social networking sites, let us see a new direction.
Then, we did a full year of research. "
Brayer specifically emphasized the word "one year".
Xia Jingxing nodded. He knew that Axel should take a breath up and down, and he must exhale once.
Perhaps in the research on social networking sites, Axel is the investment institution that has done the most homework.
Brayer paused, and continued: "We first studied Facebook, but soon gave up on you."
"Abandon us?"
Xia Jingxing was a little confused.
Brayer nodded, "Yes, although you are the first social networking site, you also received angel round investment.
But your student status, age, and past resumes have lowered the rating of your team in Axel's mind. "
Xia Jingxing felt a little bit interesting, and raised his hand for Breyer to continue speaking.
Brayer continued, “Then Dating.com was born. Their team is very mature and their past resumes are better than yours.
More importantly, the growth rate of the same period, they are much faster than you. "
Xia Jingxing nodded, the growth rate of Diaoyou.com in the first few months before its establishment was indeed faster than that of Facebook, which he must admit.
Speaking of this, Breyer laughed, “When we are about to study them, we are going to approach them.
Facebook actually started selling T-shirts!
This is really a genius idea!
Who thought of this idea? "
Blayyan glanced at Xia Jingxing, "I guess it should be you, right?
I still purchase goods from Yiwu, China, which makes a lot of profits, right? At least 3-4 times profit. "
Xia Jingxing smiled, "You have studied so carefully."
Bryer took a look at Xia Jingxing with admiration, “We value the power of the “walking billboard” more than profit, which makes Facebook spread rapidly in American colleges and universities like a virus.
Come on and start a business!
When Facebook goes public, your idea will definitely be selected as the "Harvard Business School Classic Business Case". "
Xia Jingxing humbled himself, "Not so exaggerated, right?"
Brayer chuckled, "When you succeed, everything about you is right!"
"Okay, let me continue, and then we turn our attention back to you.
Next, the data of Diaoyou.com began to approach you little by little.
But very soon, you have opened the distance again.
We originally planned to contact you, but you had already rejected various venture capital and acquisitions.
We have been waiting until you take the initiative to contact various venture capital institutions. "
Xia Jingxing stalled, "But you didn't offer us an offer?"
"That's because your price is too high, we are hesitating."
Brayer smiled and said, "Until we got a message that prompted us to make up our minds."
"There is a problem with the structure of the dating site?"
Xia Jingxing thought carefully about what Breyer had said, and quickly guessed the answer.
"Yes, you are very smart."
Breye said with a smile, “We carefully compared the operating strategies and development trajectories of your two companies.
We found that every step of Facebook is particularly stable.
The stability of your website structure is also better than Diaoyou.com.
And Diaoyou.com also received a round of more than 10 million U.S. dollars in Series A financing, and the performance is actually worse than that of you who only received 500,000 U.S. dollars in angel round financing.
The deep-seated reasons behind can only show that your consideration is more thorough and your development thinking is clearer.
Facebook made a picture tagging function, and Diaoyou.com followed in a hurry to imitate it.
Next, you will launch the high school version and expand into the international market. The timing of each step is just right. "
Xia Jingxing felt that Breyer had avoided the point, and asked: "How do you know that there is a problem with the Dating Network architecture?"
Brayer smiled, "Do you have to make it clear? You have made such a good timing. There should be someone on Dating.com to provide you with news, right?"
Xia Jingxing slammed in her heart!
Axel actually inserted a commercial espionage into the dating network?
Man, is it so cruel?
He then thought, Axel can plant a commercial spy on the dating network, has his company been “mixed with sand” by the other party?
As if he had guessed what Xia Jingxing was thinking, Breyer waved his hand, "Don't worry, we definitely didn't attack anyone on Facebook?"
Xia Jingxing's face turned cold, "Mr. Breyer, do you think I would believe it? Maybe we should reconsider our cooperation? I personally dislike this behavior."
"No, no, no~"
Brayer waved his hands again and again, "Daren, I can confess all this to you today, but there is no evil in fact.
On the contrary, I was also going to give you a Christmas gift.
I just didn’t expect Diaoyou.com to collapse so quickly.
The business world is like this, Darren, don’t you also get the news from Dating.com? "
Xia Jingxing shook his head, “No, I discussed with Mr. Hennessy and Mr. Andrew a few months ago that Dating.com might collapse.”
Brayer was a little suspicious, he didn't believe it.
The reason why he confessed to Xia Jingxing today is that on the one hand, the dating network has really collapsed, and there is no need to hide it again;
On the other hand, he mistakenly thought that Xia Jingxing had also planted a commercial spy on Dating.com. Everyone in the same way, no one is noble.
In fact, in the business world, what are these little tricks?
Breyer regrets a bit now, shouldn't talk more, he rubbed his face, "Daren, the funds in Axel's hand only allow us to make the last rebet. If we lose, we will have nothing.
At this point, I believe you will make the same choice as me.
We got this information only as an investment analysis, and did not hurt anyone.
Moreover, we really did not collect information from any Facebook staff. "
Xia Jingxing didn’t believe what Breyer said.
He has no ethics and cleanliness. It's just that Axel's "capital cold-bloodedness" and "unscrupulous" displayed by Axel still make people a little worried. In the future, in the face of greater interests, Axel will sell Facebook?
In fact, capital has the same virtue. If he abandons Axel and chooses Sequoia Capital and Kaipeng Huaying, it will not be much better.
There is a saying that is very good: every pore of capital is dripping with blood!
"Okay, Darren, let's end the topic! From now on, Axel will be a shareholder of Facebook, and he will definitely safeguard everyone's common interests."
Brayer still feels that Xia Jingxing is pretending to be confused.
Xia Jingxing stopped arguing and nodded, “Well, I won’t ask whether Axel has done anything to Facebook before, but Axel’s two board seats must be reduced by one.”
Breyer shook his head, staring straight at Xia Jingxing, "It's impossible. We own 9% of the shares. We are the second largest shareholder of Facebook, twice the shares held by Andrew and Mr. Hennessy! We deserve two Board seats!
This is clearly stated in the investment intention agreement, Darren, do you want to overturn the agreement? "
"Yes, that agreement is invalidated! We must sign another one."
Xia Jingxing felt that Axel’s power on Facebook was too great, and he had to be weakened a little to be relieved.
In fact, it is not necessary to change investment institutions, because capital is a virtue.
"Darren, are you threatening me?"
Brayer looked directly at Xia Jingxing, the whole person showed a strong aura, very oppressive.
Xia Jingxing put her arms around her chest, and stared at Breyer without showing any weakness.
"I can terminate the due diligence now and tell other investment institutions, no one dares to invest in you anymore?"
Xia Jingxing laughed, "Mr. Breyer, if this is your final decision, then I respect your choice."
Thank you for the reward list: 66 to the left all the way, book friends 20201009194742567, fat smashing the account, sunset bay sttem, squatting treasure box, golden light man, Qinghe sword fairy, Agumon alone
(End of this chapter)
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