Unparalleled True Technology

Chapter 139 How is it possible not to lower the price?

In another world, before Facebook went public, it also sought a $5 billion financing. However, that financing was an initial public offering, also known as an IPO.

Normally, after an IPO, the company is about to go public.

Why do you want to raise $5 billion?

Bill Gates raised his own doubts. In his opinion, the current Facebook simply cannot use so much money, and there is no need to choose such a large amount of financing when the valuation is not high enough.

Wen Ming didn't speak. He didn't mind Bill Gates' question, because he was also very curious. This was completely different from the Facebook financing journey he remembered.

Mark Zuckerberg said: My previous plan was to raise 1.5 billion U.S. dollars. With this money, Facebook will be able to develop to the time of listing. However, after seeing these actions of Wen Ming, I feel that the face Books shouldn't just focus on social networking sites.

Wen Ming was very surprised when he heard it. He didn't expect that Mark Zuckerberg's change was because of him.

In another world, Facebook’s last financing was 1.5 billion US dollars, and the investor was a rich man in Russia, together with Goldman Sachs Capital. Now it seems that Mark Zuckerberg has looked down on $1.5 billion.

Mark Zuckerberg continued: I first knew about Apple because of the game Plants vs. Zombies. At that time, I never thought that one day Wen Ming could become a shareholder of Facebook.

The emergence of ins not only made him a shareholder of Facebook, but also allowed him to invest in the development and production of iPhones. This investment direction has made Apple's valuation exceed 100 billion US dollars, and now , he began to invest in biotechnology again. Although there are only three Velociraptors, the valuation of Jurassic Island can definitely exceed 10 billion US dollars. Of course, this will divide the technology of Apple's Biotechnology Research Department into Jurassic Island On, or in other words, in the Jurassic Park that will appear in the future.

Mark Zuckerberg finished his mental journey and concluded: Although Facebook now has more than 1 billion active users, its revenue is far below this huge user group. We need to change our strategy. , Find a way to turn our active users into our revenue.

The four people present here are all world-class rich people in the true sense, and one of them is the current richest man in the world. So, when Mark Zuckerberg said these words, there was no cover-up.

Bill Gates nodded in agreement. Although Apple's development time is short, four major development directions have emerged.

In addition to the games that helped Wen Ming accumulate his first pot of gold, there are also social software such as ins, hardware products such as iphone and ipad, and biotechnology such as Jurassic Island. If you calculate carefully, just iphone and ipad can separate many development directions.

For example, Apple Music, Apple App Store, etc. on the ios platform, any of which can become a product that an enterprise depends on for survival. But Apple was able to coordinate these and create a nearly perfect ecological empire.

Bill Gates asked: Are you also going to develop in the hardware direction?

Mark Zuckerberg nodded and said: Yes, but the direction of my hardware development is a brand new product. It is a product that combines Wifi and drones. , to complete Wifi coverage in areas without signal. Moreover, because the equipment I envision can be moved at any time, we will not have the problem of inventory costs.”

Wen Ming became interested, because this drone Wifi is exactly another world's Facebook, a hardware production plan announced to the world after many years. He did not expect that Mark Zuckerberg had this idea in 2009.

This decision is very wise, as the underlying terminal hardware,

To be easier to get started.

Mark Zuckerberg expressed his gratitude to Wen Ming for his approval, and he was not worried that several world-class rich people present would plagiarize his ideas. Not only because I can't afford to lose that person, but also because it is impossible for only one company to produce this kind of drone Wifi equipment.

If this device wins the market, there will surely be a lot of competition in the future. Mark Zuckerberg is not afraid of competition, because he already has one billion active users, and the number of users will be even more in the future.

Wen Ming asked, Mr. Bill Gates, are you interested in continuing to invest in Facebook?

The shares of Facebook will be very valuable in the future. Wen Ming firmly believes that Bill Gates’ knowledge is not as good as his, but he also knows that Bill Gates must also think that the market value of Facebook will be very high in the future, but Bill Gates There must be a big gap between Ci's prediction and Facebook's actual market value.

Bill Gates shook his head and said, Although I'm very interested, since I want to invest in your Apple, then I can't participate in the financing of 5 billion US dollars. You know, I don't have more than 40 billion US dollars. USD cash.

Mr. Bill Gates, the richest man in the world, is now worth more than 40 billion U.S. dollars, but Wen Ming's Apple company is valued at 150 billion U.S. dollars. Naturally, he can't just want to take a fraction of a percent of the shares, and what he wants The more shares he owns, the more money he pays.

More than 40 billion is worth, not cash.

Wen Ming expressed his admiration for Bill Gates' decision. For capitalists, it is better to invest in Apple, which has a strong revenue capability but has a valuation of 150 billion US dollars. There are quite a few gaps in Facebook.

But Bill Gates' choice is undoubtedly correct, because Apple's market value in the hands of Wen Ming is definitely more than that of Jobs' Apple. Facebook, on the other hand, is still managed by Mark Zuckerberg.

Mark, what do you think Facebook is worth now?

Since Bill Gates is not interested, Wen Ming will have to digest the financing amount of 5 billion US dollars alone. Therefore, he began to care about Facebook's current valuation.

After Mark Zuckerberg hesitated for a while, he said: We think it should be 40 billion US dollars. Thanks to you, your ins allowed us to occupy the social network on the mobile phone and the photo sharing market in advance.

Wen Ming did some calculations in his mind. With a valuation of 40 billion US dollars, 12.5% ​​of the shares can be obtained for 5 billion US dollars. And he, who owns Apple, doesn't need to cash out his shares to make money when Facebook goes public, so he can wait until 7 years later when Facebook's market value reaches its peak.

At that time, based on Facebook's market value of 500 billion U.S. dollars, his 12.5% ​​stake was equivalent to 62.5 billion U.S. dollars, far exceeding the current worth of Bill Gates, the world's richest man.

It took 7 years to turn 5 billion US dollars into 62.5 billion US dollars. Even if there is inflation in this business, it is definitely a great investment.

I probably agree with your offer, but the specific details need to be discussed further.

Wen Ming knows that he has made a lot of money, but he is still not reconciled. He hopes that his subordinates can continue to lower the valuation of Facebook during negotiations, so that he can earn more. You know, based on the future market value of Facebook, if you can get 1% more shares, it will be equivalent to an extra 5 billion US dollars in the future. How can you not lower the price?

Mark and Wen Ming shook hands and said, It really needs a good discussion.

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