Unparalleled True Technology
Chapter 246 Wait for me to come with five billion dollars
Mr. Wen Ming, I'm really sorry. X23US.COM is the fastest update
When Wen Ming heard that Mark Zuckerberg, a world-class rich man who will be envied by countless people in the future, and a man who controls Facebook, a social empire with more than 2 billion users worldwide, called himself Mr. Wen Ming so respectfully, and apologized At that time, I have no unpleasant thoughts.
Pony, oh no, Mark.
Wen Ming coughed dryly, and said: Doing business naturally requires your willingness. Although we have reached an agreement before and agreed on a financing time of half a year. However, Facebook is not yours alone. So if something goes wrong, naturally I can’t blame you.”
Mark Zuckerberg heard Wen Ming's comfort but still felt guilty. It stands to reason that he became famous many years earlier than Wen Ming. Moreover, the first pot of gold that Wen Ming really got, the first pot of gold that reached the level of 1 billion US dollars, was obtained from Mark Zuckerberg.
Back then, Wen Ming released the ins mobile social software, and was successfully favored by Teresa Roy and Facebook. The final transaction amount was as high as 1 billion US dollars. Of course, this includes the 2.1% of Facebook shares held by Wen Ming.
It was also from that time that Wen Ming was truly known to the world. After all, a billionaire who is only 19 years old can be famous all over the world in any country.
What's more, is Wen Ming called Wen Ming? Of course, this kind of coincidence is beyond comprehension for foreigners.
But a year has passed, from July 2009 to May 2010, the social status and wealth level of Mark Zuckerberg and Wen Ming have undergone earth-shaking changes.
At this time, Facebook's valuation is still only 40 billion US dollars, which is not much different from the previous financing valuation discussed by Mark Zuckerberg and Wen Ming. Not only because Facebook's development has fallen into a bottleneck period during this period, but also because when Mark Zuckerberg made an offer to Wen Ming, there was a premium in it.
What about the companies that Ke Wenming controls?
It is also not listed, but Tesla's current valuation has exceeded 50 billion U.S. dollars, because compared with Facebook, which currently has an annual revenue of only a billion U.S. dollars, Tesla's 6,000 Teslas delivered in two months Tesla models, based on an average price of 100,000 US dollars, have created a revenue of 600 million US dollars, which is only two months.
More importantly, the total number of orders for modelsss in two months has reached 25,000,
If these cars can all be delivered. Then, it can create 2.5 billion US dollars in revenue.
How can there be no gap between a company with a revenue of 2.5 billion U.S. dollars in two months and a company with a revenue of only a billion U.S. dollars a year?
Although Facebook’s operating costs are very low, Tesla’s net profit margin is also high. An average net profit margin of 25% is equivalent to $2.5 billion in revenue, with more than $625 million in net profit.
This is the reason why Tesla's valuation exceeds US$50 billion.
Of course, Mark Zuckerberg could not show such an attitude towards Wen Ming because of the valuation gap of 10 billion US dollars. Although his shares in Facebook are not the same as Wen Ming's shares in Tesla.
The real reason for Mark Zuckerberg's attitude is Apple, another company controlled by Wen Ming.
An empire-level company whose valuation has reached 150 billion US dollars but has not yet been listed, and Wen Ming controls more than 97% of the shares.
It is difficult for a person who considers himself a genius to be overwhelmed by the achievements of others. However, once they are shocked, then they will be completely convinced. Mark Zuckerberg is in this state at the moment.
Mr. Wen Ming.
Mark Zuckerberg continued to say guiltily on the phone: I've heard about Tesla's latest sales strategy, and I know it's all my mistake that caused you to use such a method to make Tesla's business Credibility has declined. Believe me, Mr. Wen Ming, I will definitely have an explanation for this matter.
Confession?
Wen Ming laughed. The previous agreement between him and Mark Zuckerberg was that Wen Ming would provide 5 billion US dollars in cash within half a year. Then, acquire Facebook shares at a valuation of 40 billion US dollars.
But now half a year is still one or two months away, but because of some interest disputes within Facebook, Mark Zuckerberg approached Wen Ming and asked for an advance payment of 5 billion US dollars.
5 billion US dollars is not a small amount, and it is impossible for anyone to just take it out. Teresa Roy, who is worth tens of billions of dollars, has spent almost half a year in order to get 5 billion dollars to invest in Apple, and has not been able to settle all of it until now.
What's more, is it Wen Ming, the 'future world's richest man' who does not have a company listed under his name?
Mark, I think we should be able to establish a more intimate friendship between the two of us. Therefore, there is no need to say anything about this kind of thing.
Wen Ming said to the phone: Furthermore, although it is difficult for me to be more than a month earlier or more than a month later, it is not particularly difficult. Believe me, before Morgan Stanley's internal resolution is completed , I will definitely appear in front of you with 5 billion U.S. dollars.
Amid Mark Zuberg's gratitude, Wen Ming hung up the phone with a calm face.
To be honest, such a change in Mark Zuckerberg's Facebook is also a bit tricky for Wen Ming. He has 5 billion U.S. dollars. In fact, as early as two months ago, the amount of cash he could use had exceeded 6.2 billion U.S. dollars.
According to Cage's calculations at the time, today, two months later, the funds he can use have reached 10.7 billion US dollars.
But just like the Facebook accident, the amount of funds that Wen Ming can control has also undergone new changes.
Originally planned to acquire the funds of the two research institutes, but because of black eating black and Cage's adventure, he successfully avoided a large amount of capital investment. But saving money in this area, he spent money in other areas.
The purchase of Teresa Roy's yacht and the acquisition of a defense contractor company by Teresa Roy resulted in subsequent funding for Teresa Roy not being able to arrive in time.
Wen Ming doesn't care about this, and the impact on him is only the cash he can control, which has been reduced from 10.7 billion US dollars to 8.7 billion US dollars.
(ps: The money Teresa Roy lent to Wen Ming before, because it has not been a year yet, so Wen Ming does not need to repay it, and it is impossible to pay interest.)
It stands to reason that 8.7 billion US dollars is definitely enough to invest in Facebook, and there will be 3.7 billion US dollars left. But the surprise is that Wen Ming is going to buy shares in Nokia. The first step is to buy the shares held by the three Nokia shareholders who were killed by him and Aaron Martin.
According to Cage's recent work, he learned that the three Nokia shareholders together accounted for 12% of Nokia's shares, and they were definitely the real major shareholders. According to Nokia's current valuation of US$80 billion, a 12% stake would require US$9.6 billion.
That’s still not counting the premium that might arise in the acquisition process.
Even if the 9.6 billion US dollars cannot be paid in one go, because Cage is still only at the point of terminating the negotiation. But you have to keep a few billion dollars for backup, right? Otherwise, if Cage's negotiation is completed, then Wen Ming has no money in his hands, so he would buy some wool.
At this time, Mark Zuckerberg said that other shareholders within Facebook demanded that Facebook go public as soon as possible. Either use the first IPO to raise $5 billion in development funds from the stock market, or let a consortium like Morgan Stanley join Facebook.
Because of Wenming's strong rise, the launch of the iPhone and iPad can be said to have opened up the market for smart personal digital devices ahead of time, making Facebook shareholders envious. They have more than one billion global users, but they can only make money by selling advertisements. Of course, this kind of business is very inappropriate.
Therefore, they are very eager to get a wealth of 5 billion US dollars. Some shareholders are for personal cash out, and some shareholders are for Facebook to have money to develop hardware products.
All in all, Wen Ming now has a competitor, so he must spend $5 billion to appear in front of Mark Zuckerberg as soon as possible. Then, get a 12.5% stake in Facebook.
Combined with his previously owned 2.1% of Facebook shares, he will own 14.6% of Facebook shares.
How much is this?
Wen Ming thought that when Facebook's market value exceeded 500 billion US dollars in the future, 14.6% would be 73 billion US dollars.
Therefore, Wen Ming had to chip in the money.
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