My Age of Investment

"We want to take a financing development path with Facebook characteristics."

Larson has a confident and calm smile on his face. As the chief financial steward of Bill Gates, he still has a lot of experience in financial operations.

He may not be able to talk about Internet business and operations, but when it comes to finance, he is the best at it.

Although he succeeded in making Bill Gates' "trillion-dollar" worth, he made more than 100 billion dollars by reducing his holdings of Microsoft shares too early, but this did not prevent him from becoming a recognized investment guru - manipulating tens of billions of dollars , 100 billion US dollars plate, maintaining an annual compound interest of 11% for more than 20 years.

"First of all, Facebook has already generated considerable revenue. With these financial data, and then ask Goldman Sachs and Morgan Stanley to package it, it is completely possible to go to Wall Street for debt financing.

In this way, Facebook can get a part of the development funds without diluting its stake.

This is a very mature financing method, and large companies are using it.

Facebook didn't work before, but now it can. "

Like other shareholders, Xia Jingxing is also nodding. It is impossible not to borrow money when it grows to the size of Facebook, but it is necessary to control the risk exposure.

Otherwise, borrowing money is cool for a while, debt collection crematorium!

"Debt financing cannot completely solve all the financial problems encountered in the development of Facebook and YouTube, and can only be one of the solutions."

Larson looked at Xia Jingxing and Yang Niu, and the next words were mainly for them, because he found that the two were extremely restrained in equity financing, and they controlled the financing rhythm to the amount of financing extremely delicately.

Of course, this is a nice way to say it, and a bad one is to be extremely stingy with the dilution of equity.

"Equity financing is unavoidable."

Larson's expression was very serious, he was ready, if Xia Jingxing and Kristina couldn't listen to their opinions, he had to persuade them anyway, because Facebook was shared by everyone, and his employer Bill Gay It is considered a heavy position in this potential stock.

Xia Jingxing looked relaxed, "I am not against equity financing, but I am used to calculating the whereabouts of the money before every financing.

Financing is not the more the better, nor is it just a matter of thinking about financing, you have to do detailed planning. "

"That's the best way!"

Larson said with a smile,

"My advice to Facebook is to raise small, high frequency.

Because Facebook and YouTube have already made a certain amount of revenue, it is not that a penny of income has not been generated, and there is a gap in funding, but it is not so big that it is boundless.

In addition, debt financing can also solve part of the funding gap.

Therefore, the amount of each financing can be smaller, but the financing frequency can be higher.

Facebook is currently almost the same every year, and its valuation has doubled several times a year.

In this way, it is in the best interest for our existing shareholders, including Darren and Christina, to ensure that the interests of each shareholder are maximized. "

Xia Jingxing nodded, "It's a great idea, I support it."

Larson was a little surprised. He thought he would pay a lot of money, but he didn't expect to persuade the small profiteer who was admired by his boss Gates so easily.

In fact, Xia Jingxing had a plan in his heart, which was similar to Larson's idea, and even more perfect.

"Daren is back!"

"You said, will he come back and continue to lead us?"

"I'm afraid not. I heard that Daeron has built a very grand career in China."

"Well, if only Daeron came back, I'd prefer to work under Daeron."

"Yes, Christina is too strict!"

...

After walking into the office behind Yang Niu, Xia Jingxing looked at the internal environment of the office.

This office, which used to belong to him, is now, like the company, fully inherited by Yang Niu.

After taking a few glances, Xia Jingxing found that the office was still basically the same as before, with little change except that there was an extra vase on the desk, and a bunch of gardenias were inserted in it. .

Noticing that Xia Jingxing was looking at the bunch of gardenias, Yang Niu smiled and said, "I like to smell the fragrance of flowers, because it can bring me a good mood and abundant work energy, so I instructed the people below to go to the vase every morning. Put a bunch of flowers in it."

Xia Jingxing shrugged, "That's good, but unfortunately it's not me who put the flowers."

Yang Niu rolled her eyes at Xia Jingxing with a picturesque smile, "She will say nice things to coax me."

After last night's hard work, Yang Niu became energetic and radiant today.

Seeing that Xia Jingxing's heart was hot for a while, he couldn't help walking forward, holding Yang Niu's crystal white face, and kissing her plump lips.

With a "bang", the door was suddenly pushed open, "Boss, you're back!"

Being so frightened, Xia Jingxing and Yang Niu shivered and almost bit their tongues.

Looking at the two pairs of extremely angry eyes, the dog knew something was wrong.

He smirked twice, "You continue! You continue."

After that, the dog ran out in a hurry, and closed the door again with a "bang".

Being disturbed by the puppy, the two of them lost their interest completely. The foreign girl called the puppy and called the other party back.

This time, the dog knocked on the door before coming in, and as soon as he entered, he saw Xia Jingxing's malicious gaze.

The little dog expressed his grievance. He rushed over after hearing that the boss was back. He was so excited that he forgot to knock on the door.

Fortunately, it was just a kiss, and he didn't do anything bad, otherwise he would be embarrassed to death.

Thinking of this, the little dog complained in his heart that this pair of dogs and men should remember to close the door when doing business!

Fortunately, he broke it. If it was someone else in the company, then the scandal might be flying all over the sky.

The boss not only does not accept his own feelings, but also blames himself in turn. What kind of truth is this?

Although there was a lot of slander in his heart, the little dog still did not dare to argue with the boss, he smiled and looked at Xia Jingxing, "Hehe, boss, when did you come back?"

"Last night!" Xia Jingxing sat on the sofa with Erlang's legs crossed, folded his arms and looked at the puppy standing in front of him, "I heard that you have been working lately and are often out of shape?"

"Who said that? It's definitely bloody, it's slander."

After finishing speaking, the dog also glanced at the foreign girl who was sitting in the chair looking at the computer. Don't think about it, she must have told the secret.

Yang Niu looked up at Puppy, and while typing on the keyboard, she said, "Puppy, don't look at me like that, I can't control you, so I can only invite someone who can control you."

"Do you want to go to India again?"

Xia Jingxing looked at the puppy with a smile, although the smile was friendly, it made the puppy feel extremely evil.

"No no no no, boss, I can't go to India!"

The puppy shook his head like a rattle, with a look of hopelessness on his face, "With my small body, going once is equivalent to losing half of my life."

Last year's official business trip to India left the dog with a lingering nightmare for the rest of his life.

Even though he had done enough homework before he went, he still accidentally fell into the trap. It was really hard to guard against, and the price was half a month of thinness and a high fever.

Xia Jingxing chuckled, the puppy's experience was not an exception, many foreigners could not resist the dark cuisine of India, so the native third brother had strong antibodies and could not be poisoned.

"Little dog, I still want to explain something to you."

Xia Jingxing's face suddenly became serious, and the eyes of the whole person also became sharp, staring at the little dog for a while.