My Age of Investment

April was spent amidst the noise of the media and the displeasure of Yahoo and Google.

Time came to May, and Facebook’s Silicon Valley office welcomed a heavyweight visitor.

Bill Gates personally took a group of Microsoft executives to visit and visit Facebook.

Looking at the young faces in Facebook's open office area, Gates smiled and asked Xia Jingxing who was standing beside him: "Daren, what is the average age of Facebook employees?"

"Twenty-five!"

Xia Jingxing quickly replied, and then spread his hands again, "Of course, it's mainly because our three founders lowered the average age."

Gates grinned. He really enjoyed chatting with the young man in front of him.

Because the other party has always looked at him at the same level, as if his aura of the richest man is not worth mentioning in the other party's eyes.

Confidence, free and easy, humor, and even frankness, Xia Jingxing left a deep impression on him.

"How many people are there on Facebook now?"

Gates visited Facebook's third-floor offices and found that the number of employees was much smaller than he had imagined.

"Including oil pipeline and overseas employees, there are less than 300 people in total. To be precise, there are only more than 250 people."

Gates frowned, "With such a small number of people, we not only need to maintain the daily operations of Facebook and YouTube, but also complete the development of information flow products and advertising systems, and even set up a branch in the UK to expand the European market?"

Xia Jingxing shrugged, "Of course, it's still a little difficult."

He pointed to the employees at the workstations again, "Look at their dark circles, they are all caused by 9127 staying up late and working overtime."

"What is 9127?" Gates asked.

"It means going to work at 9 am and leaving get off work at 12 pm, working 7 days a week."

Gates was dumbfounded, and looked at Xia Jingxing in astonishment, spread his hands and said, "Are they robots? They don't need to rest? Does anyone have any complaints?"

Xia Jingxing smiled and said: "In my hometown, this is called a blessing, a gift from God, and ordinary people don't have this kind of treatment.

In fact,

In factories along the coast of China, there are many assembly line workers who work as hard as them.

We are all human, and there is nothing we can't bear. "

Gates, an old capitalist, feels that he is going to give in. When it comes to exploitation, you are still ruthless in socialism.

"You did this, didn't the employees go on strike, or sued you?"

Gates felt that Xia Jingxing's ability to manage the employees so obediently was also a skill, and he was a little curious about how this young man operated.

Xia Jingxing laughed "hohohoho", "First of all, working overtime is voluntary, and I never force employees to work overtime.

You know, there's been an explosion of advertisers lately.

Can this door-to-door business be pushed out? That Yahoo and Google are not dead laughing.

There is no way to work overtime, and it is too late to expand the number of employees.

Plus, overtime we found gold, just like Wall Street.

I asked the financial officer to go to the bank to withdraw two million U.S. dollars in cash, and each person sent 10,000 U.S. dollars on the spot.

In addition, several shuttle buses have been hired to take employees to and from get off work every day, so as to prevent them from wasting too much time on commuting, and at the same time, they can sleep and rest on the shuttle bus. "

Gates smiled, turned to look at the Microsoft executives behind him, and said, "Have you heard that we have to learn from Facebook in terms of human resources management.

More than two hundred of them have made the advertising system, but what about Microsoft? We have 60,000 employees. We have been working on an advertising system for almost half a year, but we haven't produced a product yet. "

A group of Microsoft executives were so scolded that they couldn't hold their heads up, and felt a little wronged.

Big companies are overstaffed. As the boss, you still don't know? Can it be compared with a start-up company like Facebook that is desperately trying to make progress?

After all, outside, Gates saved some face for his executives, did not continue to reprimand, and stopped talking after a few words.

"Daren, it's been two months now, shouldn't it be time to talk about deeper cooperation?"

Xia Jingxing knew that the old man Gates was thinking about investing in Facebook again.

He nodded, "No problem, please follow me."

Xia Jingxing brought Gates and his party to the meeting room of Facebook, and called several senior executives such as Xiaogou and Babe.

The puppy put up the PPT, played the pictures, and reported the results.

"Facebook now has 64.28 million users..."

Gates froze for a moment, "Didn't it break through 40 million users a while ago?"

"That's already a thing of the past. In the last two months, because of the launch of the information feed product, Facebook has achieved an increase of tens of millions of users for two consecutive months."

Xiaogou said with a smile: "According to this growth rate, we estimate that Facebook will officially break through the 100 million user mark in three months.

Four months earlier than originally expected to complete the target.

At the same time, August is also the third anniversary of Facebook's launch. "

The old man Gates nodded slowly. From zero to 100 million users in three years, from the Stanford campus to a large area covering three continents, this speed seems unreal.

But the media, newspapers, and Silicon Valley are discussing Facebook every day, and people around them are also using Facebook every day.

This again shows that this is not an illusion, but a fact that has already happened.

After all, the old man Gates was a man who had seen the big world, so he quickly recovered his composure, and motioned for the little dog standing on the stage to continue talking.

Xiaogou nodded, "Youtube has now reached 52.02 million users, and it is expected to exceed 100 million users by the end of the year."

With Facebook's results already ahead, Gates quickly accepted the news.

"The launch of the information feed product has brought Facebook's daily active users to 45 million, and the online time of users has reached 40 minutes. The number of uploaded pictures per week is 100 million, and the content shared per week is 500 million..."

The puppy released the next picture, which listed various histograms.

Xiaogou introduced: "This is the statistics of two months ago. There are only 30 million daily active users, the online time of users is only 15 minutes, and the content shared every week is only 80 million...

The launch of information flow products has an impact on Facebook that is far more than what the outside world speculates. It has almost increased various important data on Facebook by 50%-500%. "

Gates gasped, careless!

He quickly looked at Xia Jingxing, who was smiling at him.

With Gates' IQ, he quickly guessed the purpose of the puppy's display.

Since we want to compare the data, why not take out the data from the same period last year and take out the data from two months ago.

What is this for?

This is to tell myself that Facebook is no longer what it used to be.

Thinking of this, Gates secretly regretted why he didn't become stronger two months ago and bought shares at that time. In terms of valuation, it would definitely be much cheaper.

But after he thought about it, Xia Jingxing said that he had made a big move and asked himself to wait for two months.

He must have made a clear plan, and he will not change his mind because of himself.

This made him take back his good impression of Xia Jingxing, this is a cunning little fox, arranged clearly for the old man.

Gates looked at Xia Jingxing and said with a serious face: "Daren, I admit that Facebook has shown greater potential now.

I take back the quotation made two months ago, and now it is up to you to make an offer. "

"Half a month ago, Axel transferred 2% of the shares to DST, a Russian investment institution, with a valuation of 10 billion U.S. dollars."

Xia Jingxing spread his hands, "This is what we offer, with a pre-money valuation of US$10 billion.

Because of the launch of the advertising system, the valuation premium generated will not be calculated. Who made us a strategic partner with Microsoft! "

The old man Gates was a little dumbfounded, saying that Microsoft seemed to have taken advantage of the sky.

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