My Age of Investment

On the morning of September 13th, the weather was cloudy.

Xia Jingxing arrived at San Francisco Airport by plane, then transferred to a car and arrived in Palo Alto.

After arriving at his destination, a small white villa, he saw Kristina and Xia Zerui coming to greet him as soon as he got off the car.

Kristina seemed to have dressed up carefully today. Her hair was pulled up into a bun, and she was wearing a burgundy suspender skirt. A large piece of snow-white plumpness was exposed on her chest. A pair of smooth and straight long legs were exposed to the air. Her whole body was Standing there, like a delicate rose blooming.

The little guy in his arms seemed to have been dressed up deliberately by his mother today. He was forced to go to work. He was wearing a solid-color cotton shirt on the upper body, shorts on the lower body, and a pair of mini children's sandals on his feet.

Kristina gently placed her son on the ground, then said something to him, and then pointed at Xia Jingxing.

Soon, after receiving the order, Xia Zerui put on a bright and childlike smile, staggered out of the villa gate on two short legs, and ran towards Xia Jingxing who was standing next to the car.

Seeing his innocent son, Xia Jingxing's heart instantly melted. He stood there with a smile and waited for the little guy to run over.

It wasn't a long journey in total, but the little guy stumbled along and accidentally fell on his butt. Xia Jingxing was about to step forward to help him, but he saw Kristina waving her hand towards him, so he had to give up.

The little guy was very brave. He got up from the ground without crying or making any fuss, and continued walking towards Xia Jing.

After approaching, he bit his finger and looked up at Xia Jingxing with two round eyes, as if wondering who this was.

"Don't you recognize me again?"

Xia Jingxing smiled and knelt down, lifted his son up high, played with it for a while, then turned around and got into the car, holding out a bouquet of bright red roses.

He held his son in one hand and the flowers in the other. When he walked to Kristina, he handed the roses over, "It seems that I picked the wrong flower. It matches your clothes today."

Christina smiled, took the red rose from Xia Jingxing's hand, leaned over and took a gentle sniff, looking extremely happy.

Xia Jingxing knew that she liked flowers and would prepare a bouquet of flowers every time they met. Although there were roses of different colors and varieties over and over again, which was very vulgar, she just stuck to this.

Women all like a sense of ritual, and Xia Jingxing knows it best!

Xia Jingxing held his son in one hand and Christina's slim waist in the other, and the two of them walked toward the house, talking and laughing.

As soon as Xia Jingxing entered the house, he saw toys all over the floor. The living room had become a mess. You didn't need to think twice to know that it was the little guy's handiwork.

He put his son gently on the ground and began to play with the little guy.

Watching Mr. Xia, who was so majestic outside, come home and crawl around on the ground with his son, Kristina couldn't help but have a smile on her face.

At this time, she suddenly remembered something and asked aloud: "I heard that you invested more than 10 billion US dollars in short selling the listed companies of the Li family in Hong Kong Island?"

After hearing this, Xia Jingxing looked up at Kristina and said with a smile, "Are there many reports in the United States? Do you even know about it?"

Christina pursed her red lips and didn't answer. After a while, she said, "You stay here for one day and fly back to Hong Kong Island tomorrow night. Things are urgent. Come and see me and my son when you are done."

Xia Jingxing's face looked a little stunned. He knew that Christina must have misunderstood.

Because he said last month that he would come to see her and her son.

Perhaps in Kristina's view, she left her important job and came to the United States because she didn't want to miss the date.

"No, I have already made arrangements. Someone will handle the affairs on Hong Kong Island."

Christina's beautiful eyes widened, and her face looked particularly surprised, "On Hong Kong Island... there is more than 10 billion U.S. dollars of investment, can you just trust others to take care of it? Don't you keep a closer eye on it?"

Xia Jingxing smiled and said: "The money has already been invested, why are you watching? Just wait for the lottery draw."

Lottery draw!

This adjective left Christina completely speechless, and even Xia Jingxing seemed a little strange to her.

She never took the initiative to ask about Xia Jingxing's other businesses besides Facebook and YouTube. She only knew that Vision Capital's asset management scale had grown to a huge scale.

But she never expected that the investment would be so huge that more than 10 billion U.S. dollars would be given full authority to her subordinates.

Kristina guessed that the investment in New York might be larger and more significant than the more than 10 billion US dollars.

"Then are you going to New York in a few days?"

Xia Jingxing didn't look up and replied casually: "Yes, I have to go there. I'll go back to Palo Alto when I'm done."

This answer completely confirmed Christina's suspicion, but she did not continue to inquire further.

Xia Jingxing played with his son with toys for a while. Feeling a little tired, he started asking Kristina about Facebook.

"How has Jerry performed since he joined the company?"

Kristina smiled and said: "He works very hard and seems to want to get back everything he has lost."

Xia Jingxing nodded lightly, "That's good, he has found a new direction in life."

Kristina suddenly lay down on the sofa and put her head close to Xia Jingxing, who was sitting on the floor at the outer edge of the sofa. "There is something I want to talk to you about and want to hear your opinion!"

Hearing this, Xia Jingxing turned his head and almost collided with the turbulent career line.

Thinking that he hadn't been intimate with Christina for a long time, Xia Jingxing's heart suddenly felt hot.

Kristina looked at her son who was sitting on the ground building blocks, or throwing blocks, and said: "Isn't Facebook's plan to go public this year shelved?

Now that the financial market is very unstable, investors don't have any objections. They also hope for a better listing time.

But privately, employees seem to be complaining, complaining that after the company suspended its listing plan, they no longer have financial freedom and cannot even make basic improvements to their lives. "

Xia Jingxing lay back gently, rested his head on Christina's soft breasts skillfully, and said: "What's there to complain about? Now go to the market. First, the stock price will break, and then... The stock price halved.

As for financial freedom and improving life, I think many people’s options will be invalidated.

Arrange a few professionals to educate employees on options knowledge, day by day, as if they have never seen the world before. "

Christina felt her chest being rubbed and itched, so she pinched Xia Jingxing's ears before it finally stopped.

She continued: “You have airplanes, mansions, and luxury cars, but many early employees are still renting houses.

It has been six years since we started our business. Our employees thought we would have a huge victory this year. As a result, we suddenly announced that we would not go public. You can tell how disappointed they must be.

In fact, I can understand this sentiment. After all, what is the purpose of starting a business? Is it not to improve material conditions? Is it really to change the world?

Even if you want to change the world, you must first change yourself and improve your family conditions.

There is no bread or milk, so why talk about poetry and distant places! "

Xia Jingxing sat up straight, then turned around and looked at Kristina face to face, giving a thumbs up, "You are becoming more and more mature in seeing the problem, which deserves praise."

Kristina said angrily: "To tell you something serious, the employees need to be appeased."

"Let them wait for another year and restart the listing plan next year!"

Kristina shook her head slightly, "This reason has been used many times, and today's employees are becoming more and more difficult to fool.

If they are even slightly dissatisfied, they will switch jobs to Google or Wisdom Fruit to get genuine options on listed companies, or they will be poached to serve as co-founders or executives in start-up companies. "

Xia Jingxing frowned, "This is an inevitable flow of talent!"

"What kind of turnover? This is a wave of resignations. This month I have received six resignation applications from employees at the E7 and 3 levels."

Xia Jingxing was really shocked. Facebook's e-sequence is for engineers and technical research, while its e-sequence is for management positions. The former only has nine ranks, and the latter has only five ranks.

There are only two people in 5: Kristina and Jerry Yang, and 4 is cxo.

Therefore, e7 and 3 can be regarded as mid-level and important backbones.

If employees of this level change jobs too much, Facebook will suffer a lot.

"Then this problem is a bit serious and needs to be solved as soon as possible."

Kristina nodded slightly, "Yes, so I'll discuss it with you."

Xia Jingxing heard what was going on behind the scenes and asked, "Do you have a specific plan?"

Kristina said: “It’s not me, it’s Yuri Milner!

He proposed a plan that looked good, in which DST would acquire Facebook’s employee options and allow employees to cash out before the listing. "

A smile appeared on Xia Jingxing's face, "I thought it was some amazing plan, but this is what happened?"

Kristina smiled and said: "This plan is actually quite good, it can quickly calm people's hearts.

Milner also said that there will be no acquisition cap and employees can cash out as many options as they want. "

"I think the Russians want to take this opportunity to absorb Facebook's equity!"

Kristina smiled, "I know that, but isn't there any other better option at this stage?"

"Who said no? Have you forgotten what I do? Vision Capital can definitely take over this business!"

Xia Jingxing wondered in his mind whether he had cut off the path of the future Russian venture capital tycoon.

The rise of dst in the previous life is inseparable from the great success of investing in Facebook. Bald man Yuri obtained 10% of Facebook shares through various means, including acquiring employee options, and made a lot of money for LP. , paving the way for dst’s subsequent development and building a signature brand.

"Of course I know that Vision Capital has the ability to buy these employee options, but isn't it not a good deal? The current valuation of Facebook is not cheap."

Xia Jingxing smiled lightly, "I don't need to buy it with my own money, so don't feel bad about other people's money!"

"All right!"

Kristina nodded, and then she added: "Oh, also, the employee option pool has completely bottomed out. It may be necessary for all shareholders to dilute part of their equity and inject it into the option pool."

Xia Jingxing spread his hands and said, "No problem, I'm not the only one diluting it anyway!

You used this method well. While opening up the option exit channel, you also issued an additional option pool. This employee immediately saw hope. Who would want to change jobs? "

Kristina smiled and said, "It just happened to catch up, it's not a method I came up with."

Xia Jingxing didn't completely believe this. Facebook had developed rapidly under Christina's control over the years, even faster than the little pockmarked child at the same time in her previous life, and it hardly gave him any worries.

If it hadn't happened to catch up with the financial crisis, the company could have gone public.

Even if it is delayed for one year to go public, the scale of revenue, profit, and number of users will be infinitely close to Facebook, which was only listed in 2012 in the previous life.

Then again, Facebook in this life would have been established more than a year earlier.

Moreover, Xiao Mazi’s Facebook was built after catching up with Friendster and YSpace, and their Facebook was established earlier than these two websites, and it developed by suppressing the two websites.

After some thought, Xia Jingxing secretly made up his mind that it was time for Facebook's development to enter a new chapter.