Unparalleled True Technology
Chapter 52 The Value of Instagram
"I also want to talk to you about instagarm."
The matter of the dinosaur blood sample has been completely negotiated, and the specific details are naturally impossible to be discussed by two bosses, one big and one small. Moreover, now is not a good time to talk about the details. We need to wait for Benjamin and Cui Chuanming to list all the equipment, manpower, and other requirements needed for the research before deciding how to invest.
"Are you also interested in Instagram?"
Wen Ming laughed. Of course he knew that Teresa had an investment company under her name, and had invested in many Internet companies.
Teresa Roy also laughed, and said, "As you said just now, I can make money, and I don't make money because of your failure."
Wen Ming sighed in his heart. He regarded Teresa Roy as a capitalist who wanted to fight the wind. He felt that Teresa Roy wanted to use dinosaur blood samples to coerce him to sell part of the ownership of Instagram at a low price. .
However, Wen Ming has already decided to establish the 'resurrection' dinosaur project even if he gives up some of the profits. Life is more important than money.
It's tough, but keep smiling.
Wen Ming smiled and said, "How much do you think Instagram is worth now?"
Giving up part of the benefits does not mean giving up all the benefits. Wen Ming only asked Instagram, not how much his Apple company is worth now.
Teresa Roy smiled and said, "I think it's worth 430 million U.S. dollars."
Hearing this offer, Wen Ming breathed a sigh of relief. Although this offer was different from Instagram's final transaction price in his previous life, it almost met his expectations. Because in the previous life, when Facebook acquired Instagram, there was a certain premium. Moreover, there is still a certain gap between the current Instagram and the number of users it had when it was acquired by Facebook in the previous life.
More importantly, Tomdin's American Century Investment Company valued Instagram at $300 million. Of course, it is impossible for Tomdin to get the truest valuation. That is to say, the American Century Investment Company’s valuation of Instagram is also more than 300 million U.S. dollars, but it will not reach what Tomdin said, when the number of registered users reaches tens of millions. 400 million US dollars at that time.
"I think after a week, it could be worth $600 million."
Wen Ming tentatively put forward his own conditions. He doesn't want to offend Teresa Roy right now. If they really can't agree on an agreement, the big deal is to make compromises for the time being and get revenge later.
Teresa Roy understood what Wen Ming meant. It was nothing more than that Wen Ming was not short of money to develop Instagram. He was fully confident that after a week, the number of registered users of Instagram would reach a new level.
"If you accept my offer, then the valuation of Instagram will reach 600 million US dollars tomorrow."
Valuation is a strange thing, no one can be sure how much it is worth. But one thing is certain is that the more people think it is valuable, the more valuable it will be, and the more valuable it will be, the more people will think it is valuable.
Just like the Internet bubble in the past, a website with only tens of thousands of daily visits can also be valued at tens of millions.
If Wen Ming accepts Teresa Roy's offer now, then it is equivalent to Teresa Roy, a billionaire who thinks Instagram is worth more money. The purpose of investing in companies is to make money. They will not run a company, but buy when the company is low and sell when the price is high.
To put it simply, the value of a company or product purchased for US$430 million is definitely more than US$430 million.
Wen Ming roughly understood Teresa Roy's thoughts, and didn't want to kill him with the help of dinosaur blood samples.
Instead, I want to deepen the cooperation between each other, and by the way, conduct some capital operations on instagarm, so that both parties can make money.
Why not do it when you can do more than one thing?
Wen Ming, who is jealous of a gentleman's belly with a villain's heart, did not feel ashamed at all, and stated his own conditions: "At a valuation of 500 million US dollars, I can sell 10% of the equity."
Teresa Roy smiled and said, "If it's Apple's equity, I can sign a contract with you now."
Wen Ming shook his head and said, "I'm sorry, Instagram has already been split by me from Apple."
In fact, splitting Instagram is just an idea of Wen Ming, and he has not had time to implement it. The future of Apple naturally depends on the products that Apple should have. Products such as Instagram and "Plants vs. Zombies" only appear for the funds needed to develop Apple.
However, when it is time to lie, you have to lie. Teresa Roy did not take advantage of the danger, which does not mean that Wen Ming will give up most of the profits selflessly.
If you respect me a foot, I will pay you back a foot and a half.
Want me to pay back a foot?
Then let's talk about feelings.
Teresa Roy naturally knew that Instagram hadn't been split from Apple, but he didn't expose Wen Ming's lies either. During business negotiations, it is naturally impossible to ask the other party to tell the truth. As long as the number of registered users of Instagram is true, as long as the number of pictures shared on Instagram every day and the number of likes are true, the rest is irrelevant.
"Let's hand over the specific issues to a more suitable person to discuss."
Teresa Roy smiled: "But I hope that the contract can be finalized within three days."
The difference between 430 million US dollars and 500 million US dollars, whether 10% of the equity is more or less, these issues are naturally impossible for Teresa to bargain with Wen Ming. He asked to finalize the contract within three days, naturally he didn't want the number of Instagram users to increase again after a long time.
A large number of users is a good thing, but the number of users can only continue to increase after Teresa takes part of the ownership of instagarm. Otherwise, he would earn less money.
Wen Ming is now also happy to have Teresa Roy's participation, because it means that Instagram will definitely sell at a higher price than in the previous life.
If it can reach 1 billion US dollars, no matter how much money Teresa Roy invests, it is equivalent to 100% of the net profit. Moreover, the capital turnover cycle will not be too long.
As Teresa Roy was able to make money, Wen Ming would naturally be able to make more money. More importantly, with Teresa Roy's participation, Instagram will definitely sell better.
"no problem."
The two bosses set the tone, and naturally someone will help them solve the remaining problems. The only difference is that Teresa Roy has many professionals under him, while only Sith under Wen Ming can handle this kind of thing.
It seems that we really need to recruit talents...
After Wen Ming thought that Sith should not be angry, he happily accepted Teresa Roy's invitation to have lunch with him.
After taking the hotel car back, Teresa Roy arranged for an extended concierge car to take the three of them to the restaurant. Along the way, Benjamin and Cui Chuanming talked about the project of "resurrecting" dinosaurs with some excitement.
Up to now, Wen Ming can also reveal some technical secrets relatively, of course, it will not involve the specific 'resurrection' technology. After all, the two parties have not formally signed the contract, and the dinosaur blood samples are still in Teresa Roy's.
Rao Wenming concealed a lot of key technologies, which also surprised Benjamin and Cui Chuanming. Now, Cui Chuanming's knowledge reserve is not enough, and it is difficult to insert Wen Ming and Benjamin's conversation.
"Now, I believe you are a real genius."
Teresa Roy was also in the car, unabashedly praising her.
Benjamin said: "Wen Ming, you must participate in this research. I believe that with your participation, the success rate of our project will definitely increase a lot."
Wen Ming laughed and said, "That's why I demand absolute dominance, because I have done a lot of homework before."
Cui Chuanming said enviously: "You can know so much by doing your homework. You should have chosen a biology major at that time. Maybe you can research how to treat it..."
Benjamin glared at Cui Chuanming, causing Cui Chuanming's words to get stuck in his throat.
Wen Ming said indifferently: "If I didn't have cancer, I would think about many things, but I would just treat them as an idea instead of putting it into practice."
Teresa clapped her hands and said, "The difference between genius and mediocrity is that genius dares to put ideas into practice."
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