My Age of Investment

Someday in late January. Xia Jingxing knocked on the door and pushed open Old John's office. As soon as he opened the door, old man John noticed him and waved to him, "Daren, come here quickly." "Mr. Hennessy, is something wrong?" Xia Jingxing thought he was in a hurry and walked away quickly past. The principal's office is very large. After Xia Jingbu approached, he noticed a young man in his twenties sitting on the sofa opposite the old man's desk, with brown hair, blue eyes, and a typical Caucasian appearance. The old man pointed to the young man and said, "Two days ago, you let Tesla come to the campus to promote it. Now, these students don't want to study anymore. They are clamoring to drop out of school to join Tesla and change the world!" Xia Jingxing looked at the man sitting on the sofa and asked with a smile, "Are you from the Solar Car Club?" The man nodded, looking at Xia Jingxing as if he had seen an idol, with adoration in his eyes, he stood up and met Xia Jingxing. Shaking hands, he quickly introduced himself: "My name is Gene Bodichevsky..." "You are the boy who is going to drop out of school to sweep the floor at Tesla?" De mentioned this person and looked at the other person carefully. This person is not an ordinary person. In his previous life, he and two other people built Tesla's first prototype car. Kean looked free and easy, "Yes, I think you are doing a very amazing thing, which is much more interesting than the class in the classroom." Xia Jingxing laughed, "Haha, I think so too! Tesla just Talents like you are needed." Old John coughed, and the two young people chatted happily, "Reading is boring" one by one, completely ignoring him as the principal. Xia Jingxing turned around, took out a letter from his pocket with a smile, and slapped it on Old John's desk. "What's this?" "A letter of withdrawal from school!" Old John opened the letter and read it, he was happy. Because there is only one sentence in the letter: Goodbye Stanford, I want to do something meaningful! Just as old man John was about to speak, Christina and the dog knocked on the door again. With two snaps, two more withdrawal letters were slapped on the desk. "Principal, we are going to drop out!" Yang Niu and Puppy said in unison, both of them smiling, it seems that dropping out is a very happy event. Old John glanced down at the four dropout letters on the table,

He raised his head to meet four pairs of hopeful eyes, sighed, and waved his hands, "Oh, let's go, let's go! I agree!" After speaking, he spread his palms and joked to himself: "I hope Today is not the day that Stanford has had the largest number of students who voluntarily dropped out of school." Xia Jingxing wanted to laugh and forcibly held back. He and the dog's temporary green cards have been officially issued, so it's time to say goodbye to Stanford. Yang Niu also discussed with her family long ago, dropped out of school with the two of them, and concentrated on entrepreneurship. At the same time, Facebook's due diligence has come to an end, and the three of them's entrepreneurial journey has ushered in a new peak! After completing the withdrawal procedures, the Facebook entrepreneurial trio is ready to celebrate. Gene, who dropped out of school at the same time as them and went through the formalities together, was also called up by them. In a high-end restaurant, four people held up juice and clinked glasses together. Xia Jingxing said with a smile, "This cup celebrates dropping out of school, and I wish everyone a bright future." "The boss said it well, the next Sun Zhengyi will be me." Pat the chest, hold the juice, and drink it all. Kristina's eyes were burning with a small flame of her career, "I want to be the most famous female entrepreneur in Silicon Valley." Gene was a little restrained and didn't know what to say. Because all three people at the same table dropped out of school to become bosses, only he dropped out to work. Facing the gazes of the three of them, he said bravely, "I want to build the fastest electric car in the world!" The little dog laughed, looking like someone who had come over, patted Gene's shoulder and said, "Don't worry. , follow the boss, you won't suffer." Gene nodded and said yes again and again. There is a camera at the front desk of the restaurant, and the waiter took a group photo of the four of them. In the photo, the four young people are all smiling, and their eyes are full of longing for the future! ………… ………… Facebook’s due diligence process is finally over. In the company's conference room, Xia Jingxing signed a formal investment agreement on behalf of the company with Axel, Breyer, Hoffman, Peter Thiel, and Mark Pincus. Blayer seemed to have forgotten all the unhappiness. After exchanging the contract, he smiled and shook hands with Xia Jingxing, "Daren, happy cooperation!" "Happy cooperation!" Xia Jingxing was also in a good mood. After shaking hands with Blaye, And shook hands with other investors one by one. Andrew and John, as shareholders and directors of the company, also came to watch the ceremony. Subsequently, the two participated in the company's first board meeting after the company's Series A financing. The new board of directors, on the basis of the original five directors, added two more directors, Blayer and Evans. At the meeting, Xia Jingxing put forward the company's new goal - 100 million users! Hearing this grand goal, everyone straightened up and stared at the young figure who was standing on the stage showing PPT to everyone. "For the goal of 100 million users, Facebook has done the most detailed dismantling of the target." Xia Jingxing explained, pointing to the PPT pictures drawn across the curtain wall. "The first is the domestic market in the United States. Facebook has occupied most of the university market. The next step is to penetrate into all netizens..." "The UK, Australia, Canada, and New Zealand markets have only entered the university market. One-step plan to replicate the plan in the United States, focusing on penetrating universities first, followed by off-campus markets..." "Mexico, as the first stop in Spanish-speaking countries, will gradually promote it to other Spanish-speaking countries after achieving certain results..." "In addition , In addition to the above-mentioned countries and markets, Facebook also plans to enter universities in various European countries as a bridgehead for us to enter Europe..." Breyer suddenly raised his hand and interrupted, "Daren, you mean, the main focus is on the United States The mainland, followed by the Five Eyes Alliance, followed by the European market, the South American market allows it to develop naturally. Let alone the African market, what about Asia?" Breyer spread his hands, "Asia had a population of 3.57 billion last year, It accounts for more than half of the world's population. Although most of the countries and regions there are still lagging behind, the Internet market is growing rapidly. Especially the Chinese market, as of the end of last year, the Chinese market has more than 80 million netizens, industry insiders It is estimated that in 2004, that is, this year, the number of Internet users in China will exceed 100 million. This is a very vast Internet market, and the number of Internet users is second only to the United States. You grew up in China, and you are very familiar with China. I want to hear from you How do you think about the Chinese market?" Breyer's question was very topical, not only him, but the other five directors present were looking at Xia Jingxing and wanted to hear the answer. Xia Jingxing shook his head and said succinctly: "We will not enter the Chinese market for the time being." Breyer was slightly surprised, "Why? Can you tell us the reason? Now the whole Silicon Valley is gearing up to go to the East with a long history of 5,000 years. Gu Guoda has done a lot. eaby entered the Chinese market two years ago, Yahoo also acquired a website called "3721" in China last year, and Amazon plans to pass this year. It is rumored that Google is also very interested in the Chinese market.

" "We are different!" Xia Jingxing glanced at Breyer, then glanced at the other five people present, and explained, "We are still a small start-up company, and the website has only been online for 17 months, less than a year and a half. And several of them have been developing for several years. They are large Internet companies, and their human, financial and material resources are not comparable to us. At the same time, their growth rate in North America and Europe has slowed down, and they will naturally look for opportunities to enter emerging markets. Facebook has not yet occupied most of the North American and European markets, so it is naturally impossible to enter the Chinese market right now. The value of users is determined by the economy of each country. Although we have not yet started advertising monetization, we must first choose the market with higher user value to occupy. "First Europe and then Asia", this operation strategy will not change in the next few years. Dating.com is a ready-made example. They are developing very well in Southeast Asia, but they just can’t make money. Instead, they have to pay a lot of server rental fees for this. Facebook has its own development rhythm and considerations, and will not blindly follow the trend! "Brayer nodded. "Okay, I see." Old John, Andrew and several other directors also nodded. They also thought that Xia Jingxing's strategy was fine. Breyer smiled and said, "Axel plans to invest in a Chinese social networking site in the near future. Do you mind? "This time, everyone's eyes were focused on Breyer again.