Unparalleled True Technology

It is difficult for one person to create a business empire. What entrepreneurs lack in the early stage is not only capital, but also technology and talents.

Mark Zuckerberg is not Wen Ming, so after he founded Facebook, he also found talents who could provide him with technical assistance. When Facebook had no money, all he could give these people was Facebook equity.

Similar to Wen Ming, Mark Zuckerberg found Dustin Moskowitz, the co-founder of Facebook and his roommate at Harvard.

However, for some reason, Dustin has left Facebook and started his own business. But even so, he still holds a 6% stake in Facebook. It can be said that he is the largest individual shareholder of Facebook after Mark Zuckerberg.

This time, Facebook's shareholder meeting, or the board meeting, he naturally also attended.

The reason why he left Facebook does not need to be delved into, but since he has left Mark Zuckerberg, it shows that his relationship with Mark Zuckerberg is not very good. Therefore, when Mark Zuckerberg made the decision to pull Wenming into the car, he did not get his approval.

Like Dustin, Saverin, another co-founder of Facebook, is also a student at Harvard University. Because his family conditions are very good, he also provided a certain amount of financial assistance when he created Facebook. .

Saverin owns 10% of Facebook’s shares. This was after Mark Zuckerberg forcibly reduced it. Because of this, the relationship between Mark Zuckerberg and Saverin was also very bad. court.

If it weren't for the fallout with his two entrepreneurial partners, judging from the Facebook shares held by the three of them, even if they do not reach the level of absolute control, it is enough for Mark Zuckerberg to exercise his highest decision-making power.

Unfortunately, there are no ifs in this world.

Mr. Wen Ming, I think the theme of this meeting should be to discuss how Facebook should get 5 billion US dollars of development funds, not who you buy Facebook's equity from.

Seeing that no one raised their hands in the conference room to signal that they were going to sell their shares to Wen Ming, the people from Red Dot Venture Capital reminded: As of now, your shares are only 4.1%, which is still an increase. On the Facebook shares of Microsoft and Mr. Li Jiacheng. I hope that you can abide by the relevant rules and not disturb this meeting.

The right to speak at the general meeting of shareholders is directly related to the amount of corporate equity held by the spokesperson. The reason why Wen Ming was able to let no one else interrupt when he spoke when he only owned 2.1% of Facebook shares,

Just because of his own strength.

But now it's time for real swords and guns, how could the Red Dot VCs continue to worry about Wen Ming's strength?

The face has been torn apart, whether it is Tesla or Apple, Red Dot Venture Capital will no longer have the possibility of getting a share of the pie. So, he speaks bluntly.

Wen Ming sighed in his heart. Through certain transactions, he made Li Jiacheng and Microsoft give up their Facebook shares. Originally, he wanted to use this method to get other Facebook shareholders present to accept his $50 billion premium valuation and transfer their shares to him.

However, none of the Facebook shareholders present seemed willing to accept the offer.

At this time, the shares he holds plus the shares held by Mark Zuckerberg really cannot allow him to take the initiative in this shareholder meeting.

Mark Zuckerberg was also a little disappointed. He looked at his two former business partners, noticed their hesitation, and had a moment of regret in his heart.

if……

However, just when Mark Zuckerberg was regretting and Wen Ming was sighing in his heart, someone spoke again.

Moreover, it was Dustin who had never spoken before.

Mr. Wen Ming, are you sure you are willing to value the current Facebook at US$50 billion?

This question made Wen Ming happy instantly, and Mark Zuckerberg, who was sitting at the top, was also shocked.

Wen Ming smiled and said: Of course, I know you all think that the market value of Facebook after listing may exceed 50 billion US dollars. But when will Facebook be listed?

It is Wen Ming's current attitude to give a stick after giving Tianzao. If there is no one other than Microsoft and Li Jiacheng to answer the call, then he will not be able to hit the stick.

And now that there is a third party to answer the call, he can tell other shareholders of Facebook very tactfully that I will do my best to make Facebook go public a few years later.

In a few years, even if Facebook's shares are listed, how much market value can it create?

And this sum of money has been pressed for several years, how much benefit can it create?

After the stick was finished, Dustin was silent for a minute before he said, I can transfer 5% of my Facebook shares to you, and I want to keep 1% of Facebook shares.

Wen Ming finally laughed and said, I can give you the money now.

The amount of cash in his hands is of course more than 5 billion US dollars. On the whole, plus the 2 billion US dollars provided by Tesla, the total amount of funds he can use at this moment is 10.7 billion US dollars.

He never thought that it would be so difficult to get shares in Facebook. At this time, he had decided to suspend the idea of ​​acquiring shares in Nokia, and was going to do his best to acquire shares in Facebook.

Anyway, it’s all about earning, so come as much as you have.

As for the acquisition of Nokia...Wen Ming has a very reluctant plan in his heart, which is to get a loan. If it really doesn't work, he can only go that way.

After hearing Wen Ming's promise, Dustin immediately said: In this case, congratulations to Mr. Wen Ming, who owns 9.1% of Facebook shares.

Because there is still 1% of Facebook shares left, Dustin did not leave the meeting room like the people in Li Jiacheng and Microsoft. Of course, this kind of transaction cannot be completed in a few words.

Wen Ming has not paid the money yet, and Dustin has not signed the equity transfer agreement. However, the dialogue between the two has confirmed one thing, that is, Dustin has decided to stand on the same line with Wen Ming.

That is to say, Wen Ming's share in Facebook, which has the right to speak, is not only 9.1%, but also Dustin's 1%.

The shareholding exceeds 10%. In this conference room, Wen Ming is definitely the Facebook shareholder with the largest voice besides Mark Zuckerberg.

Mark Zuckerberg also had a look of joy. He didn't know why Dustin did this, but he probably guessed something.

After Dustin left Facebook in 2008, he has been starting his own business, but until today, two years later, his entrepreneurial road has not seen a direction, nor has he received strong financing.

At this time, when Facebook's valuation reached 50 billion U.S. dollars, choosing to sell the Facebook shares in its own hands is very likely for the development of the company it created.

After calculating in his mind, Mark Zuckerberg was so confident that he was ready to directly announce the start of voting.

By this time, however, someone spoke again.

Mr. Wen Ming, I wonder if you still have enough funds to receive 5% of Facebook shares?

The speaker was also Mark Zuckerberg's founding partner, Eduardo Saverin.

He said calmly: If possible, I also hope to transfer 5% of Facebook shares to you.

Saverin holds 10% of Facebook's shares, and after selling it to Wen Ming, he still has 5%.

Wen Ming laughed and said, I don't think there is any problem at all. If you are willing to transfer the other 5% of Facebook equity in your hand to me, I am willing to pay an extra 50 million US dollars for it.

Wealthy and powerful is nothing more than that, 10% of the valuation of 50 billion US dollars is 5 billion US dollars, Wen Ming used this joke to show his attitude of nouveau riche, showing that he just wants to spend money on Facebook.

Saverin smiled and said, I'm sorry, Mr. Wen Ming, I can only congratulate you on reaching 14.1% of Facebook shares.

At this point, Mark Zuckerberg took a deep breath, and his mood instantly relaxed, because he felt that the overall situation was settled.

Wen Ming's 14.1% stake, plus Saverin and Dustin's remaining 6% stake, and then add his Facebook stake.

In this meeting room, they have the final say.

While relaxing, Mark Zuckerberg looked at the smiling Wen Ming, and couldn't help but feel emotional.

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