My Age of Investment

  Chapter 186 Introduction of High-end Talents

February.

  On a sunny afternoon, the warm sunshine of California shines into the Facebook office.

  Xia Jingxing leaned on the lounge chair near the window, drinking tea and basking in the sun. Life was very pleasant.

  Suddenly the phone on the desk rang, he picked it up and saw that it was an overseas phone call from the Kangaroo King.

  As soon as he answered the phone, a young voice came from the other end: “Jingxing, I heard that Facebook and shareholder Axel have jointly invested one million dollars in Youyoumi?”

  Xia Jingxing picked up the tea cup, took a sip, smiled and said, "Yes, what's the matter?"

  Huang Xin on the other end of the phone said quietly after a long while: "It's nothing, I see reports in the media, so I just ask."

  Xia Jingxing didn’t believe it.

  He felt that Huang Xin’s tone was like a neglected concubine, full of resentment.

   "I haven't had time to congratulate you, Facebook successfully raised more than 50 million US dollars!"

  For Huang Xin’s blessing, Xia Jingxing smiled and said thank you, and then asked about the development of the other party's "Duo Duo You".

Huang Xin, after the unsuccessful "hidden" Facebook in the summer vacation last year, carefully planned for a few months. He dropped out of the University of Delaware during Christmas last year. .

  The name acquisition is also very interesting. The more friends are the better, which is in line with the style of social networking sites.

   Although Xia Jingxing did not let Huang Xin join the Facebook company, she exchanged contact information with the other party. After ten and a half months, she and Huang Xin had a phone call to chat socially and talk about entrepreneurship.

   Usually Huang Xin called him, not underestimating the other party, mainly because he is busy and can't remember these things from time to time.

  For these, Huang Xin doesn't care too much. Although Xia Jingxing is younger than him, after all, the talent is the first, and he is the "predecessor of entrepreneurship".

  Xia Jingxing didn't call him, he took the initiative to attack, because communicating with the other party always brought him new gains.

   Facebook users exceeded 5 million in a while, and the picture function was launched again in a while...

  Hearing this, he was just as hard-working, and his determination to start a business became firmer and firmer.

  Because of the frequent telephone conversations with each other, Xia Jingxing and Huang Xin have become familiar with each other a lot, and they also understand some of Huang Xin’s entrepreneurial trends.

  When Xia Jingxing asked about the development of Duoduoyou, Huang Xin really didn't have the face to answer.

  This is his first entrepreneurial venture. After two months of tinkering, the website finally went live a few days ago, but the user growth was slow and snail-like.

  He was embarrassed to say.

  "The website just went live a few days ago. We are looking for investors right now. Should I take a look at our business plan on Facebook?"

  Xia Jingxing was drinking tea and was almost choked.

  Is this still the unruly boy half a year ago? Could it be that life was crushed and bent over?

   "Aren't you kidding me?"

  Huang Xin said sternly: “I’m not kidding. Facebook has so much money in the account now. If you don’t spend it to become your own weapon and minion, why do you keep it?”

  Xia Jingxing found it very interesting. The other party even used the word "minions", indicating that he was mature and knew that money was the uncle.

  Huang Xin continued: "You invest in Friends, aren’t you also for the purpose of laying out the Chinese market and cultivating your own power?

  The Chinese market is so big, there are now more than a dozen social networking sites that can be named.

  In fact, it is not insurance to invest in a family. "

  Huang Xin did not go on, his meaning was very clear-Facebook is so rich, for the sake of safety, you should invest more in a few Chinese social networking sites to increase the probability of success.

  Xia Jingxing did not say whether to vote or not to vote, and asked faintly: "How many users does Duoduoyou have now? How many venture capitalists have you seen?"

  "The number of users...It has only been online for a few days, and there are only a few hundred people.

  However, I believe that as long as we can obtain investment, our user growth rate will definitely increase. We are short of money now, and there is no shortage of other technologies, operations, and so on. "

  After talking about this, Huang Xin talked about venture capital again.

  "There are still too few mature venture capital institutions in China, and they are basically foreign-funded U.S. dollar funds.

  Yiyou.com and Youyoumi grabbed investment in front of us, which had a great impact on us latecomers.

  I basically ran through those large investment institutions, and they were reluctant to even vote for me with a million.

  I am talking about the amount equivalent to one million yuan, not one million dollars. "

  Xia Jingxing now understands everything.

  Co-authored, your man ran all domestic venture capital, and didn't get the money, so you got the idea on me?

  No wonder, I just said that I was so bitter and flattering.

   "It's okay if you want Facebook to invest in you!"

  Xia Jingxing joked, "However, we have a betting contract. If anyone fails to start a business, the other successful person must invest in the other party once."

   "No one has succeeded, and no one has failed."

  Huang Xin feels that Facebook is not yet a success. Duoduoyou has just launched, let alone a failure.

  He went on to say: "This bet is your personal bet. What I think is that Facebook invests in Duoduoyou in the name of the company."

   "Well, let's do it!"

  Xia Jingxing smiled and said: "When Duoduoyou reaches 100,000 users, you come to me and Facebook invests you half a million dollars."

  Huang Xin received this promise, and he was overjoyed and said: "Okay, then I can remember your words."

   "Well, work hard towards this goal!"

  The two chatted a few more words, and Xia Jingxing hung up the phone.

  Thinking about Huang Xin's cheering, Xia Jingxing shook his head and laughed.

  He knows how much Duoduoyou is on the street. With a user volume of 100,000, it is like a huge moat that cannot be crossed.

  There are too few people who succeed in starting a business for the first time, unless there is great luck.

  …………

  …………

  After financing was in place, Facebook also launched a new recruitment plan.

  The foreign girl, the little dog, and Evans, accompanied by HR, recruited and interviewed ordinary employees, and strengthened the construction of human resources in each department.

  Xia Jingxing is responsible for the introduction of executives.

   Facebook has received more than 50 million US dollars in investment. Not only the media, but also headhunting companies have noticed this "Silicon Valley entrepreneurial newcomer" and have come to talk about cooperation.

  Because this kind of startup company has money and free space, it is simply the favorite customer of headhunting companies.

  A headhunting company came to talk about cooperation. Naturally, Xia Jingxing agreed. He also proposed some customized solutions for the needs of Facebook, and commissioned a headhunting company to hire him.

  The headhunting company is also very conscientious and has successively sent many candidate lists and resumes to Xia Jingxing.

  Xia Jingxing eliminated some people based on their resumes, and the remaining candidates arranged interviews one by one.

  High-end talents, especially those with financial freedom, wages are no longer their first consideration. They mainly look at the equity incentive plan and platform development space.

  Brayer has already returned from China with due diligence at this time. Youyoumi is just a fusion of angel wheels, the company is not large in scale, and it did not take a lot of due diligence time.

  He attaches great importance to the introduction of high-end talents on Facebook, has also participated in it, and recommended some talents in the Axel database.

  Venture investment companies have their own talent database, which contains entrepreneurs, startup company executives, and the purpose is to provide human resources assistance to the invested companies.

  …………

  …………

  In the meeting room of the Facebook company, Xia Jingxing, Andrew, and Breyer formed an interview team and interviewed one candidate after another.

  After a candidate left, Andrew couldn't help but complain: "This is too slow in efficiency, Darren, quickly fire this headhunting company!"

  Xia Jingxing smiled, "Don't worry, high-end talents, we prefer not to waste, not to just."

  Andrew shook his head, “I’m not talking about this, I’m saying that the person recommended by the headhunting company is too unreliable, just said that the person just now asked for 1% of the options, and the tone is too big.

  Headhunting companies do not screen, anyone recommends it. "

  Xia Jingxing shook his head and said: “It is impossible to let the headhunting company do everything, and they are not so capable.

  Talented people naturally want to meet with their bosses in person, and let’s talk about the future development direction of the company.

  They can also make an assessment in their hearts. Does this company have potential? Is it worth joining?

  At the same time, talk to the boss directly about equity and option incentive plans, join if you are satisfied, and pull down if you are dissatisfied, everyone is very efficient. "

  Andrew said: "That said, but I see these talented and arrogant people, and I feel very upset. They are really as good as they describe, and they still need to change jobs to find a job?"

   "That's why I called you. You are the guard of the company, I don't worry!"

  Xia Jingxing's flattery shot well, and Andrew laughed.

  Breyer hasn’t said much, he looked at his watch, and said to the two of them: “Wait a minute, the person recommended by Axel will be here soon, which will definitely satisfy you.”

   Andrew gave him a glance and smiled, "Oh, then I have to see."

  Xia Jingxing smiled, did not speak.

  　Reward thank you list: book friends 20201009194742567, Mu Yutang, sunny and rainy days, ascetics on the road.

  (End of this chapter)