Unparalleled True Technology

Chapter 259 Twenty-six.6% of Facebook shares

What is the biggest advantage of Wen Ming traveling to this parallel world?

In addition to being able to obtain the black technology in previous sci-fi movies, the biggest advantage is naturally the mastery of the future.

Therefore, he agrees that Facebook's valuation can reach 50 billion U.S. dollars, while many others think that Facebook's valuation cannot reach 50 billion U.S. dollars.

Valuation is not equal to market value. Investing in a company when the company is not listed is to wait until the company is listed to get a return.

At present, although many people think that Facebook's market value is likely to reach about 100 billion, but it is only about 100 billion, and it will not rise to a higher level. In this case, the current benefit of investing in Facebook is only doubled.

Coupled with Wen Ming's threat, he said very euphemistically that he would try his best not to let Facebook go public in recent years, and Mark Zuckerberg also meant the same. So, how many people can accept an investment that only doubles the return in a few years?

Li Jiacheng, Microsoft, Dustin, Saverin.

They all believe that a sum of money in their own hands can definitely create more than double the return in a few years. Therefore, they are willing to sell the shares to Wen Ming.

Up to now, Wen Ming has mastered 14.1% of the equity of Facebook, and the capital he paid has reached 6.05 billion US dollars.

It seems extremely uneconomical, because when Facebook’s valuation premium reached 40 billion U.S. dollars, he made a premium of 10 billion U.S. dollars, making Facebook’s valuation reach 50 billion U.S. dollars.

But for Wen Ming, this is very cost-effective, because he not only got so many Facebook shares, but also got the right to speak of another 6% of Facebook shares, which is Dustin and Saverin's Facebook The right to speak about equity.

Now, shall we vote?

Wen Ming has enough voice to become the largest individual shareholder of Facebook after Mark Zuckerberg, and also the second largest shareholder of Facebook including those six investment banks. Therefore, he said with a smile on his face: I agree with Mr. Mark Zuckerberg's decision, and I will increase the capital by 5 billion US dollars as Facebook's development funds.

At the same time as the capital increase, it means that other Facebook shareholders who cannot increase their capital will sell some of their Facebook shares to Wen Ming.

Mark Zuckerberg also said with a smile on his face: I agree with the valuation of 40 billion US dollars proposed by Mr. Wen Ming and I.

Mr. Wen Ming will get 12.5% ​​of Facebook shares, and this share will be diluted from all Facebook shareholders present.

In addition, Mr. Wen Ming's capital increase of 5 billion US dollars will all be used for the development of Facebook, and no shareholders including me are allowed to cash out.

Jian Wenming began to propose a vote, Mark Zuckerberg could not understand that Wen Ming has no money in his hands.

If someone proposes to sell their shares to Wen Ming at this time, and Wen Ming has no money to buy them, the overwhelming advantage they have just established with great difficulty will become a joke.

Just stop when you see it, Mark Zuckerberg and Wen Ming sang together, pulling the meeting into the final stage.

The representative of LinkedIn looked calm. He knew that at this time, there was no way to recover. With so many shares, Mark Zuckerberg and Wen Ming could directly exercise Mark Zuckerberg's highest decision-making power.

The highest decision-making power at this time is the real highest decision-making power.

However, the person in charge of Red Dot Ventures said unwillingly: I think that since Mr. Wen Ming has already paid a premium of 50 billion US dollars for Facebook's equity, then this time the capital increase should also be based on Facebook's 50 billion US dollar valuation. value to calculate.

This sentence has been recognized by many people. Although they know that the general trend is over, they regret that they did not agree to Wen Ming's request to acquire Facebook shares. As a result, they are not only unable to cash out, but also prevent Facebook from going public within a few years.

However, they don't mind letting Wen Ming spend a little more money.

Moreover, this proposal was made by the people from Redpoint Venture Capital, and has nothing to do with them. If Wen Ming is to be offended, it is only the people from Redpoint Venture Capital who offended Wen Ming.

I said it, and now, vote.

The smile on Wen Ming's face was put away, and he looked at the person in charge of Red Dot Venture Capital with a serious face, and said, Sorry, your equity is much less than mine, so you are not qualified to propose. Of course, you You can vote against it.

Shameless, this is Wen Ming's comment to the person in charge of Redpoint Venture Capital. He has already begun to want revenge on Redpoint Venture Capital in his heart. It's just a small venture capital company with billions of dollars, and it dares to fight against itself all the time.

As for the way of revenge?

Wen Ming thought of when Facebook went public in the future, and the few days when the market value collapsed after creating a miracle, he couldn't help but chuckled in his heart.

Judging from his current sense of the person in charge of Red Dot Venture Capital, this person absolutely couldn't bear it at that time.

Mark Zuckerberg did not give the person in charge of Red Dot Ventures a good look, and then Wen Ming said: Mr. Wen Ming and I have completed the proposal, and now we will start voting.

After speaking, he raised his hand.

There are only so few shareholders in the Facebook shareholder meeting, and the voting process is naturally very simple. After Mark Zuckerberg raised his hand, Wen Ming also raised his hand.

Then, Dustin and Saverin also raised their hands. Although they and Mark Zuckerberg were almost against each other, they didn't care about those hatreds for the sake of profit.

Four people raised their hands, and their shares in Facebook have exceeded 50%, not to mention Mark Zuckerberg's highest decision-making power, how many votes can one vote count?

The general trend is over, and in the face of the person in charge of Red Point Venture Capital, the face of the person in charge of Red Dot Venture Capital, the first individual investor to invest in Facebook, also raised his hand.

Then, the people from LinkedIn Ventures also raised their hands helplessly.

...

After the meeting ended, Sith, who had been waiting outside the meeting room, got the news. If it was before, he would still think that Wen Ming was taken advantage of once. But now, he has become a fanatic of Wen Ming, so he immediately began to deal with Facebook and several other shareholders without complaint.

You got a total of 26.6% of Facebook shares, and the cash you paid was 10.05 billion U.S. dollars.

The formalities are still being processed, and Sith's report has already arrived in front of Wen Ming.

The other $1 billion that has not been paid is the 2% of Facebook shares held by Microsoft and Li Jiacheng.

Sith said: According to the results of your previous negotiations with them, this share will be replaced with Apple's shares in the form of replacement. The negotiated valuation of Apple will be replaced at 150 billion U.S. dollars. At the same time, They’re going to take part of the cash and get more shares in Apple.”

Mark Zuckerberg, who heard all this beside him, looked at Wen Ming who was thinking about how much he could earn this time with a speechless expression on his face.

Why, they think that after Apple went public, it made more money than Facebook made after it went public?

After a long silence, Mark Zuckerberg asked hesitantly: Your Apple's valuation has reached 150 billion U.S. dollars. Even if it is better than my Facebook, it will only double after the listing. Why? Are they willing to give up Facebook, which can double or even triple, and invest in your Apple company?

Wen Ming laughed and said: That's because, so far, Facebook has not found its own revenue point. Just relying on advertising, how much do you think Facebook can earn in a year? And my Apple company, How much money can you earn a year?

Seeing that Mark Zuckerberg was still a little unwilling, Wen Ming said again: In addition, I hope to invite you to attend Apple's new product launch event, just one month later.

New product?

Mark Zuckerberg froze for a moment, and then asked: You mean the second-generation iPhone? But now it's less than a year since you launched the first-generation iPhone, so fast... Wait, you said new The product will not be…”

Wen Ming patted Mark Zuckerberg on the shoulder. He likes this action very much now. He can easily pat the shoulders of those who were unattainable in the previous life, and the other party has not said anything. This feeling is really cool. .

Do you think that people like Bill Gates and Li Jiacheng think that Apple's profitability can reach a new level if it is only the second generation of iPhone?) !!

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