My Age of Investment

  Chapter 193 Three Strategies of Upper, Middle and Lower (Leader plus 710)

   "Boss, I checked it out."

  The little dog pushed Xia Jingxing's office away and walked in excitedly.

  He threw a bag of documents on Xia Jingxing’s desk, “It’s all here, it took me a lot of effort.”

  Xia Jingxing opened the file bag, looked at the files inside, and laughed.

  The little dog is still doing well. I got all the birthday and family background information of Xiao Mazi and several other founding members of F Society.

  Zuckerberg was born in May 1984. He is the same age as Xia Jingxing, comes from a Jewish family, his father is a dentist, his mother is a psychiatrist, a standard middle-class family, there is also an older sister, two younger sisters...

  Eduardo Saverin was born in 1982 to a Jewish family in Sao Paulo, Brazil. His father was in export trade and real estate. He was a standard rich second-generation member. He was also a member of the Brotherhood of Phoenix SK at Harvard University...

  Dustin Moskowitz, Zuckerberg’s roommate, born in 1984, is also a descendant of Jewish descent...

  Chris Hughes, born in 1983, is a gay...

  Xia Jingxing scratched his head, "Little dog, a bit powerful, do you even understand people's sexual orientation?"

  The little dog laughed, "As long as you are willing to spend money, what can't be done?

  Boss, if you want to know the color of Zuckerberg’s underwear today, I can figure it out with you. "

   "Get me as far away as you can!"

  The little dog hippie smiled for a while, and finally started talking about business.

  "The information I found shows that last fall, Zuckerberg broke up with his girlfriend and invaded the campus network of Harvard University in a fit of anger and set up a website that scores photos of girls, FaceMash..."

  The little dog said angrily: "This is naked plagiarism! Plagiarizing the beauty pageant we held at Stanford."

   "But isn't it also very successful?"

  Xia Jingxing felt that she had robbed Xiao Mazi's luck, so she was embarrassed to accuse others of plagiarism.

  The little dog reluctantly said: "That's because they are standing on the shoulders of giants!"

  Xia Jingxing waved his hand, “Okay, it’s okay, Facebook is valued at less than 600 million yuan, giants, you blow me up.”

  The little dog laughed and said: "The future giant!"

   "That was due to the pressure of the school, Zuckerberg reluctantly closed the FaceMas** station, and then how did he start the FaceClub website?"

  The little dog smiled and said: "Then Zuckerberg became famous in school. A pair of rich second-generation brothers named Winklevoss at Harvard asked him to develop a website called "Harvard Sorority".

   After working for a while, Zuckerberg felt bored, and left in January this year, and founded the current F agency, focusing on the high school student market.

  Zuckerberg has no money himself. It was the rich Brazilian brother Saverin who invested $100,000 in him.

  During the entrepreneurial process, his roommates Dustin and Chris also joined in.

  Now their company has a total of 100,000 US dollars and four people. "

  Xia Jingxing understands that before 2004, the historical trajectory was the same.

  According to the original time and space history, Zuckerberg has founded Facebook this month.

  But history has turned a corner here. Zuckerberg founded FaceClub last month, and he is obsessed with Face.

  And the money that Saverin invested in, seems to be wrong?

   So he asked the little dog again: "Are you sure Saverin invested $100,000 instead of $15,000?"

   "What is $15,000?"

  The little dog smiled and said, "Boss, $15,000 is not enough for social networking? That stuff takes up server resources very much."

  Xia Jingxing understands, Xiao Mazi has upgraded!

  Upgraded from text social networking to picture social networking, and even the investment amount has also been upgraded!

  The little dog seemed to see through Xia Jingxing’s doubts, and said with a smile: “Originally, I was like you, and I felt that ordinary students couldn’t pay $100,000.

  But after learning about Savelin’s family background, I feel that this is not a problem for him at all.

  Harvard University's Phoenix SK Club, this top fraternity, Savelin can join, there is no shortage of pocket money.

  I also learned that Zuckerberg wanted to join the Brotherhood, but his family background was not qualified and he failed. "

  Xia Jingxing nodded, then all this made sense.

  "They have tens of thousands of users now, right? Why are they growing so fast?"

   Asked this question, the little dog said with regret: "Speaking of which, we should blame ourselves for this matter."

   "Why do we blame ourselves again?"

  Xia Jingxing didn't quite understand the meaning of little dog.

  Little Dog explained, “After we announced the opening of the high school student market last year, we didn’t put much energy into this market at all.

  Many of the West Coast high schools on the California side have joined in, while the East Coast side has a much lower influence in high schools.

  We did not pay too much attention to this matter, and focused on the international market and competitors such as Diaoyou.com and Juyou.com.

  This inattention was taken advantage of by those guys.

  And they choose to socialize with pictures and focus on differentiated products. High school students like this product very much. Even college students in the Boston area have many registered their websites. "

  Xia Jingxing frowned, is this little pockmarked? Still thinking about Facebook's private space?

  Little Dog went on to introduce: “I specifically talked with students from several universities in the Boston area. Some of them feel that Facebook has changed its flavor now and is no longer a pure campus social networking site.

  On the contrary, F agency insists on only inviting students to register, and users must have high school or university mailboxes. "

  Xia Jingxing smiled bitterly, “In that case, Facebook took the initiative to step out of the campus market and gave F agency a chance to occupy our nest?”

   "That's right!"

  The little dog frowned, “There are a lot of students who oppose us on Facebook to allow everyone to register.

  If these people know that a new campus social networking site has been born, they might abandon us and choose F agency.

  Of course, I just assume that this is possible.

  The final result, you have to measure the cost of replacing the platform as you said.

  At the same time, we must also compare the products and functions of our two websites. "

   "Okay, little dog, I am getting better and better now!"

  Xia Jingxing’s praise made the little dog’s eyes narrow into a slit, and he humbled: "A little shallow point of view is not worth mentioning!"

  Invisible pretense, the most deadly!

  Xia Jingxing smiled and looked at the little dog, "Okay! Then I will test you again, how do you think we should deal with the competition from F agency?"

  The little dog straightened up and said sternly: “I don’t think we can ignore this website, otherwise we may suffer a big loss.”

  Xia Jingxing slapped her mouth and motioned the little dog to continue.

  The little dog seemed to have received encouragement, and began to offer suggestions: "The best strategy, immediately mobilize personnel and funds, and start bombing the high school on the east coast, without giving F agency any opportunity to grow bigger.

  Because once they become bigger, they are likely to get financing.

  Although Facebook now occupies the big market for campus social networking, it cannot dispel the pretense of this market.

  Especially our current valuation is nearly 600 million U.S. dollars, which not only inspires competitors from all walks of life, but also inspires some small funds.

  These small funds can't afford to invest in Facebook, but you can try to invest in emerging campus social networking sites.

  Even if the valuation of nearly 600 million U.S. dollars cannot be reached, one or two hundred million U.S. dollars is very satisfying. "

  Xia Jingxing nodded, "Then what about your middle and lower strategies? Come and listen!"

  The little dog who has been familiar with "The Romance of the Three Kingdoms" at a young age has a feeling of "the master is reused by the hero" at this time.

  It is a pity that there is no three-foot blue beard under his jaw, otherwise he would have to follow Zhuge Liang in the novel, caress, then caress...

  "Zhong policy is to wait and see for a while. Once F agency shows signs of becoming bigger, we will acquire it as a supplement to our products and later as a separate picture social networking site.

  Compared with the best policy, this policy has more uncertainty. For example, is F agency willing to sell it to us? Or give us a high price?

  At the same time, even if the cost is low, we estimate that it will take several million dollars to complete the merger.

  Because F agency is now valued at nearly 300,000 U.S. dollars, Saverin only got 35% of the equity by investing 100,000 U.S. dollars. "

  Xia Jingxing nodded and smiled. The little dog usually looks amused, but he didn't expect it to be really open.

  Saverin’s share in F agency is the same as in his previous life, holding 35%, second to Zuckerberg’s 60%, and higher than Dustin’s 5%.

  As for Chris, he joined too late and enjoyed the title of co-founder. In fact, he is an employee. He has no shares and may enjoy an equity incentive plan in the future.

  At present, F agency is valued at 300,000 US dollars. If you want to acquire the other party, it is almost impossible to succeed without raising the valuation several times.

   "Continue to talk about your bad tactics!"

  The little dog nodded, and said with a serious face: "The next best thing is to leave it alone and keep Facebook running blindfolded.

  As long as we are large enough and rich in products, even if F Society becomes a climate, or even steal part of our student market, it will not threaten our position.

  But in doing so, there is a lot of uncertainty: Is Facebook's growth rate up to the standard? Is F agency underestimated by us?

  If our international expansion is not smooth and the American campus market is also lost, it would be too bad.

  There are also pictures to socialize. I always think this is a trend, because it expresses things more intuitively than words.

  Although the current bandwidth and server do not support image socialization, it is mainly too expensive.

  But with the development of technology, I believe that picture socialization will become more and more common. "

  Xia Jingxing also didn't expect the little dog to have such an insight, and she clapped her hands. This time she didn't applaud, but really felt that the little dog had grown up.

   "Yes, I believe your idol, Sun Zhengyi, will applaud you after hearing this."

  Xia Jingxing’s move made the little dog a little bit at a loss, because he was used to being teased by the boss, and it was the first time that he praised himself so much!

  His goose bumps are all up!

   hurriedly changed the subject and said, "Boss, do you think my top, middle and bottom three strategies, which one should we use?"

  　 Everyone voted for recommendations, monthly tickets, the more you vote, the more miserable Xiao Mazi will die!

  (End of this chapter)