My Age of Investment

  Chapter 196: $66666 million

   "Why do you two suddenly remember to invite me to dinner?"

  In a restaurant not far from the company, Xia Jingxing asked the two girls sitting across from him—Shen Xinyi and Gao Lili.

   "We thank you!"

  Go Lili smiled and said, “Joining Facebook, I feel that I have really learned a lot of knowledge that I can’t learn in books.

  And you are so generous, giving us a 0.02% option!

  We are officially leaving today. Maybe we will have less time to meet in the future. I invite you to dinner. In addition to thank you, I will tell you by the way. "

  Xia Jingxing sighed, her eyes were complicated: "In fact, I intend to give you a 0.1% option, but you only need to work for Facebook for another four years to grant it."

   "No, no, we are already very satisfied."

  Shen Xinyi smiled and waved her hand, “This year we worked for the company, the company also paid us wages and sent us to participate in various trainings and studies.

  The most precious thing is that there is such a platform for us to exercise.

  This year’s work experience may save us a lot of detours in the future. "

  Xia Jingxing glanced at Shen Xinyi, feeling mixed.

  He raised the cup, "Come on, I wish you two success in your studies, and the future will be smooth sailing!"

  Korea smiled and raised her cup, "I also wish you a prosperous career, and Facebook will be listed soon! Then I can become a rich little woman."

  Shen Xinyi followed her and echoed, "I wish you and the company will develop better and better."

  The three of them touched their glasses, and took a sip of juice.

   Putting down the cup, Gao Lili smiled and asked: "After I graduate, I plan to start a business, Darren, do you have any suggestions for me?"

  "Returning to China or in Silicon Valley?"

  Xia Jingxing asked, thinking that this girl is really a little clever ghost, and she also wants to get the "wealth code" from her.

   "Go home!"

Gao Lili looked at the western food on the table and said quietly: "In the United States, there is always a sense of alienation, no feeling of home.

  Like Western food on this table, I always feel awkward to use a knife and fork, not as convenient as chopsticks. "

   Then she changed her conversation, "Of course, if your career is as successful as Darren you, I will definitely choose to stay in the United States."

   "Hahaha~"

  Xia Jingxing laughed, "If you praise me, you want to take business opportunities from me, isn’t it too easy?"

  Ko Lili misunderstood what he meant and waved her hands again and again, “I didn’t mean that, that is to say, when I return to China to start a business, I may need to find a venture capitalist. I want to learn some experience from you.”

   "That's a long story... a meal may not be finished." Xia Jingxing joked with her.

  Goryeo smiled and said, "Then please take a few more meals."

   "Okay, then I can remember."

  Xia Jingxing did not conceal anything, and began to tell the two about the financing process of Facebook.

   "So thrilling?"

  Korea was extremely surprised. After listening to Xia Jingxing’s account, she had a sense of seeing as she was watching a blockbuster commercial war.

  Xia Jingxing smiled faintly, “There is absolutely no art processing, you know it yourself, but don’t spread it out, and several venture capital institutions have to face it.”

  Ko Lili nodded, “I originally thought that the valuation of 500 million US dollars, and it didn’t take much effort to talk about it. VCs are very optimistic about Facebook.”

  Xia Jingxing glanced at her, smiled and shook his head, "How is this possible? Capital is profit-oriented, and the pursuit of returns is the rate of return. The lower the valuation, the higher the share of shares, the higher their returns.

  Even if you are optimistic about a company, you still have to die..."

  Shen Xinyi ate with peace of mind, rarely interrupted, acting as a loyal listener.

  Goryeo asked Xia Jingxing for some questions from time to time, and Xia Jingxing also answered one by one.

  After a meal, it’s time to say goodbye.

  Xia Jingxing drove the two into the car, smiled and waved to the two of them, saw the taxi gradually go away, cleared up his mood, turned around and walked to the company building.

  ……

  ……

   Yahoo founder Jerry Yang visited Facebook with a group of people.

  I said last month that I would visit Facebook, but the other party has never come.

  Xia Jingxing thought that the other party might not be here.

  As a result, they are here again!

What else can I do when    comes?

  After all, it is the global Internet community. Xia Jingxing gave enough to the people and received the Yahoo group very warmly. He also took them around the company's office and gave an introduction.

  After visiting the Facebook company, Yang Zhiyuan moved back and forth, and entered Xia Jingxing’s office alone, intending to chat with the latter for a while.

   "Daren, there should be 12 million Facebook users now, right?"

  Yang Zhiyuan wears jeans and a hoodie. He is very ordinary. Sitting on the sofa casually, he can't see the demeanor of a big boss at all, just like an ordinary programmer.

  The other party is such a person, who doesn't pay much attention to dressing up. Many big bosses in Silicon Valley do this. I don't know if it is to create a persona?

   "More than that, it has exceeded 14 million."

  Xia Jingxing had a faint smile on her face, and she began to guess the other party's intentions in her heart.

   "Oh, that's a really good development!"

  Yang Zhiyuan smiled and nodded, and then asked, "I remember it only broke through 10 million users, right?"

  Xia Jingxing thought, Yahoo don’t want to buy Facebook, right?

  However, he did not show this doubt on his face, and calmly answered the other party: "It has been a while since the breakthrough."

  "Have you considered making Facebook an independent listing?"

  Xia Jingxing smiled very brightly, "Naturally thought about it, the listing ringing, this is the dream of countless entrepreneurs, including me! Haha~"

  This answer is not what Yang Zhiyuan expected. Entrepreneurs who don’t want to ring the bell are not good capitalists.

  He continued to ask: "Facebook hasn't turned on ads to monetize yet, right?"

  Xia Jingxing nodded, “Don’t worry about this, our first consideration now is user growth.”

  Yang Zhiyuan smiled faintly, “Now that Internet companies want to go public, it is more difficult than in previous years. There is no reliable and stable business realization model. Even if they go public, they can’t get a good valuation.”

  Yang Zhiyuan looked like someone who came over, and he also told Xia Jingxing about the pomp of Internet entrepreneurship in the 1990s.

   "It was simple at that time. Everyone was optimistic about the Internet. A company has no income. As long as it has a website, it can go public!"

  "It’s a big change now. It’s more difficult not to mention going public. Just say that you start a business, think of a good idea, and someone will follow suit right away."

   "For example, the Facebook you founded, brought social networks to the spotlight for the first time, and then a large number of people began to follow suit and also started to launch social networking sites."

  "Commercial competition is very cruel. I also read the news that you were slandered and framed last time. The opponent's moves can be described as harsh and dirty."

  "Fortunately, the federal government did not listen to those rumors, otherwise the development of Facebook will be greatly affected."

  ...

   almost ready, Yang Zhiyuan began to enter the topic: "Yahoo is very optimistic about the model of social networking sites, and our company plans to enter this field."

  Xia Jingxing set off a huge wave in his heart, but still pretended to be nonchalant, "Really? Then we will become opponents in the future?"

  Yang Zhiyuan shook his head, smiling undiminished and said: “We don’t have to be rivals, we can be a family.

   Let me just say it straight, Yahoo intends to acquire Facebook and give you a valuation offer of 666.66 million U.S. dollars. "

After finishing speaking, Yang Zhiyuan looked at Xia Jingxing with a smile. He believed that few twenty-year-olds could resist this temptation.

  Just nod your head and get hundreds of millions of dollars!

  This quotation was repeatedly weighed by him and his colleagues in the company, and gave a 20% premium to Facebook’s valuation of more than 500 million U.S. dollars, which is equivalent to more than 100 million U.S. dollars.

  A fair price acquisition of $555.55 million, Axel is definitely the first objection, because the investment is not profitable and time is wasted.

  Invest for one month, 20% of the profit will be obtained. It should be easier to talk about.

  Because Yahoo is a listed company, it chooses to use equity to buy Facebook, and the premium is 20%, which is not a big loss.

  Now that the social market is getting hotter and hotter, Yahoo, as a giant company, has come to the layout.

  Yahoo can choose to make a product by itself, or it can choose to acquire a company.

  After research, they feel that it is safer to acquire a company.

  More than 600 million US dollars, for Yahoo, it is not a big money.

   "I don't want to sell the company!"

  Xia Jingxing shook his head, "If I just want to change the company for a certain amount of money, I won't drop out of school and start a business."

  "More than 600 million U.S. dollars, not a small sum!"

  Xia Jingxing and Yang Zhiyuan looked at each other and smiled: "I know this is not a small amount of money, but if someone wants to buy Yahoo, Jerry, would you sell it?"

  (End of this chapter)