Unparalleled True Technology
Chapter 254: Mark Zuckerberg Who Doesn’t Care About Money
Wen Ming didn't know that he had gained the faith of two more people. Except for Benjamin in the Jurassic Island Research Institute, no one else blindly trusted him.
Even if, Sith and Cage have shared weal and woe with him.
If he knew, he would doubt whether Sith and Cage, including the previous Benjamin, believed in him, whether it was true or false.
Because now he has met a person who doesn't give him a good face.
For this meeting, I feel very disappointed.
The representative of Red Dot Ventures smiled and said that there were no kind words.
I hope this kind of decision about the future of Facebook can be voted on by Facebook's board of directors, rather than being communicated in private by us as we are doing now.
I think this is a disrespect to other shareholders, it is also a disrespect to Facebook, and it is a disrespect to the shareholders of the world who are optimistic about Facebook and hope that Facebook will go public.
Even if you're the founder of Facebook, you can't be a dictator on Facebook.
After saying these words, the representative of Red Dot Ventures expressed his apology, and then left a well-known restaurant in Silicon Valley. What remained was Wen Ming with a calm face, and Mark Zuckerberg with an angry face.
I never thought that people with red dots would be like this.
The anger was only momentary. Mark Zuckerberg, who has grown a lot, quickly stabilized his emotions, and then said to Wen Ming with an apologetic face: When they bought shares in Facebook, they had already shared with me. They promised not to intervene in the specific management affairs of Facebook. But now, they have done this, not only want to pull Goldman Sachs into the car, but also want to remove my decision-making power.
Wen Ming patted Mark Zuckerberg on the shoulder to show comfort, and then said: This is also the reason why Red Dot Ventures claims to have a history of more than 100 years, but it has never been on the stage.
Redpoint Venture Capital was actually established in 1999, and until now, the amount of funds they have mastered is only a few billion dollars. Among the investment projects executed by these billions of dollars of funds, the most valuable is definitely the 10% stake in Facebook.
If you wait until Facebook goes public, this 10% stake will definitely allow Redpoint Ventures to enjoy incredible returns.
Mark Zuckerberg smiled wryly,
Said: The reason why I chose Red Dot VC was that although they boasted a lot about themselves, they were actually just a small venture capital company. I think, facing such a company, I can grasp enough The initiative, but I didn't expect...
According to Wen Ming and Mark Zuckerberg, a multi-billion-dollar venture capital company is just a small venture capital company, which is insignificant at all. But this is only true for people of their level. For many people or companies, the amount of funds in the billions of dollars is absolutely huge.
Wen Ming picked up the coffee in front of him, took a sip and said, What you didn't expect was that they could unite with Goldman Sachs. In other words, Goldman Sachs took a fancy to Facebook's shares, so they found them.
There is no relationship between Red Dot Ventures and Goldman Sachs, but in the capital market, relationships are easy to establish. For profit, both Goldman Sachs and Red Dot are willing to cooperate.
Mark Zuckerberg was not in the mood to continue drinking coffee, but said with some regret: I know what their idea is. If we don't go public now, but accept your $5 billion in financing, then it will be a long time In time, Facebook does not need to be listed, and it can also create benefits for them. It cannot use IPO to cash out, and if it is not listed, there will be no market value, and the stocks in their hands will not be able to maximize their benefits. , and there is no way to achieve high profits.”
Morgan Stanley wants to lead a $5 billion investment in Facebook, but it also wants to use this financing to stir up Facebook, and then arrange for Facebook to go public in the shortest possible time. Goldman Sachs' purpose is more direct. They don't even want We completed this round of financing, but directly used the IPO to cash out $5 billion.
That is to say, their interests are the same, and it is really difficult for us to have a chance of winning against them.
After Mark Zuckerberg sighed, he continued: They are all optimistic about the future of Facebook, but they can't see the further future of Facebook.
Wen Ming looked at the very uncomfortable Mark Zuckerberg, laughed and said: This is also human nature. They have invested in Facebook for a long time, and they have not gained any income during this period, so they want to cash out as soon as possible. It's also understandable.
Mark Zuckerberg said rather sadly: However, if you use your 5 billion US dollars to develop Facebook, and when Facebook goes public in a few years, the market value will definitely create a miracle. At that time, won't they Earn more?
Why, do you have to make money now?
Wen Ming was amused by Mark Zuckerberg's complaint. According to Wen Ming's understanding of Mark Zuckerberg in another world, this person is a person who does not know how to enjoy life, nor is he a person who likes money.
After he became a billionaire, he still drove a Honda Acura sedan that cost only tens of thousands of dollars. And after he sold Facebook stock in 2013 and cashed in $2.3 billion, he did change his car as everyone expected, but it was still a Volkswagen GTI worth tens of thousands of dollars.
Of course, Mark Zuckerberg is not stingy, because he donated 990 million US dollars in 2013. This is just a donation project, which has already made him the number one philanthropist in the United States that year. And later, when his daughter was born, he even announced that he would set up the Chan-Zuckerberg Project, roughly to donate 99% of his Facebook shares, calculated according to the market value of Facebook at that time , that is 45 billion US dollars.
Unlike many rich people who donate money to charitable funds in order to avoid taxation, Mark and his Chinese wife Puli Greece-Chen did not donate money to charitable funds under their control, but set up a new company.
That way, there is no tax avoidance argument, because they still have to pay taxes. While paying taxes, their company also performs charity work.
Mark Zuckerberg of another world did not say why he did this, but now Wen Ming understands a little bit.
He feels that Mark Zuckerberg's desire to control has become very strong because of other shareholders' persecution of Mark Zuckerberg. So I don’t want my money to be donated to charitable funds, and I still need to be supervised when doing charity.
Moreover, it can also let many people know that he is not donating money to avoid taxes.
You don't like money, but you can't make other people dislike money as much as you do.
Wen Ming comforted: There is a saying in Huaxia that ten birds in the forest are not as good as birds in hands. Do you understand what it means?
Mark Zuckerberg sighed again, and said, Of course I know, my girlfriend is Chinese. Although she grew up in the United States, she also has a good understanding of Chinese culture.
Mark Zuckerberg got married in 2012, when he had been talking to his girlfriend for nine years, it was 2010, and naturally it was just a girlfriend.
Wen Ming smiled and said: Since you know, I won't explain it. The situation is now very clear. They will definitely unite with other shareholders to prevent your decision-making, that is to say, prevent me from providing enough for your Facebook. development funding. So, are you ready to fight?
Mark Zuckerberg froze for a moment, and his emotions were mobilized by Wen Ming. He was actually not afraid of fighting. During the years of Facebook's development, he has fought more than once, with competitors and capital, and until now, the winner is still him.
Of course I'm ready, so can I congratulate you on becoming the largest shareholder of Facebook besides me?
Now that a decision has been made, Mark Zuckerberg is ready to tear himself apart with other shareholders. And at this time, Wen Ming, who is willing to hand over his shares to him, is definitely his most staunch ally.
Wen Ming laughed and said, Not only am I ready, but I also contacted two other Facebook shareholders for you, and they are willing to help us.
...
ps: The fourth update is over, and it will continue tomorrow. To be honest, subscriptions are really bleak. You ask how miserable I am? A boss didn't give a reward or vote for a monthly ticket, but just ordered all the books and ranked 84th on the fan list, that is to say... heartbroken. )!!
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