My Age of Investment

One hundred and ninety-five, six.666.6 billion US dollars

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"Why do you two suddenly remember to invite me to dinner?"

In a restaurant not far from the company, Xia Jingxing asked the two girls sitting across from him—Shen Xinyi and Gao Lili.

"It's our thanks to you!"

Gao Lili said with a smile, "Joining Facebook, I feel that I have really learned a lot of knowledge that cannot be learned in books.

And you were so generous, you gave us 0.02% of the options!

Today we officially resigned. Maybe we will have less time to meet in the future. Please invite you to dinner. In addition to thanking you, I will say goodbye to you by the way. "

Xia Jingxing sighed with complicated eyes: "Actually, I intend to give you a 0.1% option, but you need to work for Facebook for another four years before granting it."

"No, we're quite satisfied."

Shen Xinyi smiled and waved, "This year we worked for the company, the company also paid us wages and sent us to participate in various trainings and studies.

The most precious thing is that there is such a platform for us to exercise.

This year's work experience may allow us to avoid many detours in the future. "

Xia Jingxing glanced at Shen Xinyi, feeling complicated.

He raised his cup, "Come on, I wish you both success in your studies and a smooth future!"

Gao Lili smiled and raised the cup, "I also wish you a prosperous career and an early launch of Facebook! Then I can become a little rich woman."

Shen Xinyi followed behind her and said, "I wish you and the company better and better development."

The three touched the glasses and took a sip of the juice.

Putting down the cup, Gao Lili smiled and asked, "After I graduate, I plan to start a business, Darren, do you have any advice for me?"

"Returning to China or in Silicon Valley?"

Xia Jingxing asked, thinking that this girl is really a clever little ghost, and also wants to get the "wealth code" from him.

"Go home!"

Gao Lili looked at the western food on the table,

Youyou said: "In the United States, there is always a sense of alienation and no sense of home.

Just like the western food on this table, it is always awkward to use a knife and fork, and it is not as convenient as chopsticks. "

Immediately, she changed her words, "Of course, if my career is as successful as you, Darren, I will definitely choose to stay in the United States."

"Hahaha~"

Xia Jingxing laughed loudly, "If you compliment me a few words, you want to take business opportunities from my set, isn't it too easy?"

Gao Lili misunderstood what he meant and waved his hands again and again, "I don't mean that, that is to say, if I go back to China to start a business in the future, I may need to find a venture capital, and I want to learn some experience from you."

"Then it's going to be a long story... I might not finish a meal." Xia Jingxing joked with her.

Gao Lili smiled and said, "Then have a few more meals."

"Okay, then I can remember."

Xia Jingxing did not hide it, and began to tell the two about Facebook's financing process.

"So thrilling?"

Gao Lili was extremely surprised. After listening to Xia Jingxing's remarks, she had a sense of sight as she was watching a blockbuster commercial war.

Xia Jingxing smiled lightly, "There is absolutely no artistic processing, you just need to know it yourself, but don't spread it out, several venture capital institutions also need to be embarrassed."

Gao Lili nodded, "I originally thought that the valuation of 500 million US dollars was negotiated without much effort, and VCs are very optimistic about Facebook."

Xia Jingxing glanced at her, smiled and shook his head, "How is this possible? Capital is all profit-seeking, and the pursuit is the rate of return. The lower the valuation is, the higher the proportion of shares, the higher their returns.

Even if you are optimistic about a company, you have to press it to death..."

Shen Xinyi ate at ease, rarely interrupted, and acted as a loyal listener.

Gao Lili asked Xia Jingxing a few questions from time to time, and Xia Jingxing answered them one by one.

After the meal was over, it was time to say goodbye.

Xia Jingxing put the two of them in the car, smiled and waved to the two of them. Seeing the taxi was getting away, he cleaned up his mood and turned around and walked towards the company building.

…………

…………

Yahoo founder Jerry Young visited Facebook with a group.

Last month, I said that I would come to Facebook to visit, but the other party never came.

Xia Jingxing thought that the other party might not come.

As a result, people are here again!

What can I do when I come?

After all, he was the leader of the global Internet industry, and Xia Jingxing gave him enough face. He received Yahoo's group very warmly, and also took them around the company's office and made some introductions.

After visiting the Facebook company, Yang Jieyuan waved back and entered Xia Jingxing's office alone, intending to chat privately with the latter for a while.

"Daren, Facebook should have 12 million users now, right?"

Yang Jieyuan was wearing jeans and a hoodie, dressed in a very ordinary way, sitting on the sofa casually, and he didn't see the demeanor of a big guy at all, just like an ordinary programmer.

The other party is such a person, and he doesn't pay much attention to dressing up. Many bigwigs in Silicon Valley are like this. I don't know if it is to create a character?

"More than that, it has exceeded 14 million."

With a faint smile on Xia Jingxing's face, he began to guess the other party's intentions in his heart.

"Oh, that's going well!"

Yang Jieyuan nodded with a smile, and asked again, "I remember that it wasn't long before the number of users exceeded 10 million, right?"

Xia Jingxing thought, Yahoo doesn't want to buy Facebook, right?

However, he didn't show this doubt on his face, and answered the other party calmly: "It's been a while since he broke through."

"Have you considered letting Facebook go public independently?"

Xia Jingxing smiled brightly, "Naturally I thought about it, ringing the bell for listing is the dream of countless entrepreneurs, including me! Haha~"

This answer did not meet Yang Jieyuan's expectations. Entrepreneurs who don't want to ring the bell are not good capitalists.

He continued to ask: "Facebook hasn't started monetizing ads yet?"

Xia Jingxing nodded, "This is not in a hurry, our primary consideration now is user growth."

Yang Jieyuan smiled lightly, "It's more difficult for Internet companies to go public now than in previous years. Without a reliable and stable business monetization model, even if they go public, they won't be able to get a good valuation."

Yang Jieyuan looked like someone from the past, and told Xia Jingxing about the grand occasion of Internet entrepreneurship in the 1990s.

"It was simple back then. Everyone was optimistic about the Internet. A company had no income, as long as it had a website, it could go public!"

"It's changed a lot now, let's not talk about going public. It's more difficult. Let's say you start a business, think of a good idea, and someone will immediately follow suit."

"For example, you started Facebook, which brought social networking into the spotlight for the first time, and then a large number of people started to follow suit and launched social networking sites."

"Business competition is very cruel. I also read the news that you were slandered and framed last time. Your opponent's moves can be described as cruel and dirty."

"It is fortunate that the federal government did not listen to those rumors, otherwise the development of Facebook would be greatly affected."

...

After the preparation was almost done, Yang Jieyuan began to enter the topic: "Yahoo is very optimistic about the model of social networking sites, and our company plans to enter this field."

Xia Jingxing set off a huge wave in his heart, but his face still pretended to be nonchalant, "Really? Then we will become rivals in the future?"

Yang Zhiyuan shook his head and said with an undiminished smile, "It doesn't have to be rivals, we can be a family.

Let me be blunt, Yahoo is going to buy Facebook and give you a valuation offer of $666.66 million. "

After finishing speaking, Yang Zhiyuan looked at Xia Jingxing with a smile on his face, he believed that few twenty-year-olds could resist this temptation.

As long as you nod your head, you will get hundreds of millions of dollars!

This offer, which he and his colleagues in the company weighed repeatedly, gave Facebook a 20% premium of more than $500 million in valuation, equivalent to more than $100 million.

Axel must be the first to object to the $555.55 million acquisition at an affordable price, because the investment is not profitable and it is a waste of time.

Invest for a month and you will get 20% profit, which should be easier to talk about.

Because Yahoo is a listed company, choosing to use equity to acquire Facebook, at a premium of 20%, is not a big loss.

Now that the social market is getting more and more hot, Yahoo, as a giant company, has arrived at the time of the layout.

Yahoo can choose to enter the game to make a product, or it can choose to acquire a company.

After research, they feel that it is safer to acquire a company.

More than 600 million US dollars, for Yahoo, is not a lot of money.

"I don't want to sell the company!"

Xia Jingxing shook his head, "If I just wanted to change the company for some money, I wouldn't drop out of school to start a business."

"More than 600 million US dollars, not a small sum!"

Xia Jingxing and Yang Zhiyuan looked at each other and smiled, "I know this is not a small sum of money, but if someone wants to buy Yahoo, Jerry, would you sell it?"

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