Unparalleled True Technology

Other shareholders of Facebook rejected Wen Ming in order to show their attitude of wanting to cash out as soon as possible.

Before the start of the Facebook shareholders meeting, Wen Ming also expressed his attitude of wanting to increase the capital of Facebook in an almost insulting way.

The two sides have reached the point where they cannot relax. Everything depends on whether Mark Zuckerberg's proposal can be passed at Facebook's shareholder meeting.

The person in charge of Red Dot Ventures has left the reception room and entered the meeting room of Facebook headquarters ahead of schedule. At this time, the other Facebook shareholders who stayed in the reception room were not interested in continuing to build a good relationship with Wen Ming.

We all know that the two sides have different goals. Even if they are very optimistic about Wen Ming and hope to have a good relationship with Wen Ming, what if Wen Ming treats them like the person in charge of Redpoint Ventures?

When only Wen Ming and Mark Zuckerberg were left, Wen Ming asked with a smile on his face: Mark, how is it? How did I avenge yesterday?

Mark Zuckerberg looked at Wen Ming helplessly. He was even angrier than Wen Ming after being mercilessly rejected by Red Dot Ventures yesterday. Compared to his anger, Wen Ming's mood at that time can be said to be very stable, and he even had the mood to comfort him.

But today, he was ready to face the person in charge of Red Dot Venture Capital with a smile on his face. What he didn't expect was that Wen Ming would take revenge so mercilessly.

Is it really right for you to do this?

After Mark Zuckerberg asked a question, he said with a wry smile: Although we have all reached the point where we are going to tear our face apart, we still haven't broken our face after all. If you do this, it is likely to increase the difficulty of our proposal at the shareholder meeting later.

Wen Ming shrugged his shoulders, and said indifferently: Whether I want to tear myself apart with him or not, the difficulty for us at the shareholders meeting will not be less. If that is the case, why don't we make ourselves happier?

Be a bit happier……

Mark Zuckerberg still looked helpless. When he started his business before, he was even more stunned than Wen Ming is now. Now that Facebook has developed to the present, he has also come into contact with many so-called upper-class people, in addition to the rich and powerful, there are even high-level American politicians.

However, none of these people in the upper class would use such an almost rascal way to slap each other in the face like Wen Ming, knowing who the other party is.

This means,

It seems that some can't get on the stage.

Seeing Mark Zuckerberg's worried face, Wen Ming patted him on the shoulder and said: As I said just now, when my Apple company was preparing to conduct a round of financing, the amount of funds in hand was 10 billion U.S. dollars. The following investment companies were directly eliminated by us, and they didn't even have the opportunity to meet and talk with us.

Do you know why?

Mark Zuckerberg continued with a wry smile on his face: Because Apple's valuation has reached the level of 150 billion US dollars during your A round of financing, and at this level, if there is no funding of 10 billion US dollars, It is impossible to participate in your A round of financing.”

Wen Ming laughed and said: Yes, they are not qualified. So, until now, only Mr. Bill Gates of Microsoft has been able to successfully enter the A-round financing of our Apple company.

Teresa Roy's investment in Apple can also be said to be Apple's A round of financing, which is the first financing. But that was Wen Ming's personal decision, and it was an internal financing.

After Teresa Roy entered the venue, because of some difficulties Apple faced before, Wen Ming decided to bring more dignified people into the car. Then Apple did its actual Series A round.

But until now, because of the valuation of 150 billion U.S. dollars, only Bill Gates is sure to participate in this financing, while other investment banks are a little 'shy' because Apple is too valuable.

Wen Ming continued: Since they don't even have the qualifications to enter the arena in front of me, why should I save face for them?

An investment bank was established in 1999 and has a history of 11 years, but the amount of funds in its hands is only a few billion dollars. I earn more money in a month than they earn in 11 years. Still not counting their principal, tell me, why should I save face for them?

Hearing what Wen Ming said, Mark Zuckerberg suddenly felt that Red Dot VC was nothing.

But in an instant he reacted.

Except for you, I guess there are only a dozen or so people in this world who can say that.

To be able to despise a person who holds billions of dollars in an investment bank must be worth more than tens of billions of dollars, and it is still necessary to earn so much money in 11 years. In this way, there are really not many in this world.

Wen Ming smiled and said: Actually, you also have this qualification, but you have never known it. Believe me, as long as I successfully invest in Facebook, and Facebook will go public in a year or two, you will be better than all the current Facebook shareholders. To have money.

While speaking, Mark Zuckerberg's assistant came over and said that the meeting was about to start, and the other Facebook shareholders in the reception room had also left the reception room and entered the meeting room.

Mark Zuckerberg reached out to signal Wen Ming to go ahead, and then followed Wen Ming into the conference room.

The last person to enter the conference room was either a boss or late. Obviously, there is no such thing as being late for Mark Zuckerberg and Wen Ming.

And when the two entered the meeting room almost at the same time, the person who walked in front naturally had a higher status than the person who walked behind.

As the current largest shareholder of Facebook, Mark Zuckerberg's step back is also showing to other Facebook shareholders present that he has stood on the same front as Wen Ming.

Everyone has expressed their views, so the meeting is about to get down to business.

But Wen Ming sat on the sidelines without saying a word, because the current debate is nothing more than the benefits of each shareholder's plan to Facebook.

In addition to Mark Zuckerberg's proposal to let Wenming increase capital by US$5 billion, other shareholders have two proposals: one is to let Morgan Stanley invest US$5 billion in Facebook, and the other is to let Facebook go public directly. , Cashed out 5 billion US dollars from the stock market.

Why can Wen Ming increase capital, but not Morgan Stanley?

The representative of LinkedIn Ventures said: We all know the strength of Mr. Wen Ming very well, but I think everyone knows the strength of Morgan Stanley better. If Morgan Stanley is allowed to take a stake, I think Facebook will At that time, the market value will definitely exceed everyone’s imagination.”

LinkedIn Ventures is also a shareholder of Facebook, and got involved in Facebook’s B round of financing. This company is much stronger than Red Dot Ventures. From 2000 to 2010, among the listed technology companies in the world, there were only 5 with a market value of more than 10 billion US dollars, and LinkedIn invested in four of them, which shows its strength and vision.

At this time, it has reached the final stage of debate, so people from LinkedIn can tell their reasons regardless of Wen Ming's presence.

Mark Zuckerberg said with a serious expression: Morgan Stanley's shareholding can indeed make Facebook create a higher market value when it goes public, but this kind of investment bank can also plunge Facebook into the abyss.

Their purpose has never been to support the development of a company, but to make money through the listing of the company. If Facebook's future is to be brighter, then we must accept more reliable funds and want to cash out funds quickly.

This sentence is equivalent to tearing the face, because among the Facebook shareholder representatives present, there are six investment banks. And the purpose of these investment banks investing in Facebook is to make money and to cash out.

Mark Zuckerberg continued: Moreover, as a shareholder of Facebook, Mr. Wen Ming has the priority financing right. Our financing this time must abide by the rule of priority financing right. Let's start with everyone sitting here. Among them, we are looking for shareholders who can increase capital by 5 billion US dollars.

Morgan Stanley doesn't have priority financing rights, so, who of you can come up with 5 billion US dollars in cash now?

No one talks because they can't take it out. If they can take it out easily, how can they want to cash out as soon as possible? )!!