Wall Street Legend

Chapter 144 Fanaticism(34)

Facebook has been growing under the supervision of Ye Dongqing. In order to develop this program, he did not mind spending a large sum of money in the early stage, inviting the best programmers, renting a very comfortable and large office, and purchasing the most advanced software on the market. The most powerful computers are available for employees to use.

Because I knew it would be successful, I took precautions and purchased a relatively good server from Oracle, and developed supporting customer management tools. I even spent more than four million US dollars to advertise everywhere and let people visit various universities and middle schools. Promote this product in the campus forum.

Efforts are rewarded. Unlike the difficult environment when Xiao Zha started his business, Ye Dongqing himself can provide relatively good financial support, so this program has shown an explosive growth trend in users in the near future, with the total number of users in three. On the seventh day of the month, the number of registered users officially exceeded 8 million, and more than 77% of the registered users were retained. Recently, the number of registered users has been around 400,000 per day, and it has been expanding crazily, including countless college students and high school students. Even Europe has more than 200,000 registrations!

This number is very scary. You must know that Facebook has been online for less than four months. If it was only worth 30 million U.S. dollars last month, considering its recent outstanding performance, some organizations are already willing to pay 160 million U.S. dollars. The valuation financed it.

It is not the first institution to try to raise funds recently, but this time the institution is very strong. It is called Waterfall Investment, and its founder is Mr. Bill Gates, the founder of Microsoft.

Ye Dongqing doubted whether Gates himself knew about this investment, but being valued by these institutions was enough to prove his strength. Users passed it on one by one, and the expansion rate was very rapid.

The company's programmers were busy working day and night to perfect the program, and the second rented server was once again full. However, the company's brand new server was not ready yet, so they could only continue renting it.

The reason for its popularity is related to its comfort to use. Ye Dongqing first registered a Facebook account in 2008. The experience of using it now is similar to that of that time, and it is already considered a relatively mature product.

The development speed was much faster than expected, so that the employees in the company were busy all day long, and there was a serious shortage of manpower. So Ye Dongqing personally went to Silicon Valley and asked human resources agencies to help recruit outstanding employees. Four floors of offices were rented in the Clara area.

He wanted to own his own headquarters building, but his financial situation did not allow him to do so. After using Amazon stock loans to obtain a loan of 10 million US dollars, he squeezed out another 6 million US dollars from Danshui Investment Group. It was time for a new round of expansion.

He asked Mr. Alfred and several employees to stay in Silicon Valley to help with interviews and quickly arranged for new employees to work. He returned to Danshui Investment Group from Silicon Valley because Ye Dongqing still needed to handle the short-selling crude oil matter personally and missed this profit. Money opportunities, next time you want to make quick money you may have to wait a long time...

The cooperation with Edward Johnson Jr. broke down too suddenly. Ye Dongqing originally felt that since she had helped him earn such a large amount of money, the other party should believe in him more.

But the fat man finally withdrew his capital resolutely, leaving half of the profits to Leo-Y Company, and withdrew the remaining funds, totaling more than 100 million US dollars, and used nearly 70% of his position to bet on rising oil prices. Little Edward was courageous It was a bit small, using only eight times leverage. However, even so, after March, he still earned more than 100 million US dollars in paper wealth!

Ye Dongqing seriously misjudged the situation. This round of oil price rise was stronger and faster than he expected. In recent days, crude oil futures prices have been almost crazy, exceeding 36 and 37 US dollars! And it’s still rising!

In other words, if Ye Dongqing had not chosen to sell when the price was more than 29 US dollars, he would have made almost 200 million US dollars more so far! !

The money slipped through his fingers in vain, and he no longer talked about security. He felt more uncomfortable than eating a bowl full of flies. He no longer wanted to look at the crude oil futures price, lest he want to bang his head against the wall.

Of course, more than half of this profit belongs to little Edward. However, Ye Dongqing does not have a rich mother like him, so he is more miserable...

The Wall Street Journal just praised Ye Dongqing some time ago. Today, the newspaper published follow-up news, treating Ye Dongqing as if he were a joke and missing out on hundreds of millions of dollars in profits. If this is not a decision-making mistake, what is?

It was too late to regret, but fortunately there was still a chance to make amends. He thought that the higher it rose, the harder it would fall. Since the morning, he met with people from several investment banks and securities firms, trying to use a margin of 5% of the total order amount to be short. crude.

Someone was willing to take the order, but the deposit requirement was relatively high, so he had to prove his ability to repay, and he didn't have enough chips in hand, so Ye Dongqing used Facebook shares as a mortgage guarantee, and gradually negotiated some deals.

The price of crude oil futures fluctuated around thirty-six dollars and forty cents. Today it reached a maximum of thirty-nine dollars and ninety-nine cents. It was even crazier than a wild horse running wild. Various refined oil companies announced increases in oil prices one after another, and then fell back. to thirty-eight dollars seventy-one cents.

In this case, Ye Dongqing paid a total of US$40 million in deposits, US$20 million in follow-up deposits, and almost 15% of Facebook stock, and carefully held crude oil futures worth more than US$790 million. Contracts, just to deal with these contracts, Baker McKenzie sent a whole team, sixteen people in total, and it took most of a day to help him review and process them.

Ms. Vigo and a group of senior executives clearly understand what it means to have a rapid heartbeat. After all, the recent rise in crude oil has been so good. The military has been taking continuous action, and the fleet has already moved to its destination. .

Ye Dongqing's current short position on crude oil is tantamount to dancing on a knife's edge. In fact, even he himself doesn't know what will happen. However, after a round of skyrocketing, the possibility of being forced to liquidate is not high. Oil prices are about to peak. Yes, at least in his opinion...

Today is March 17th. There are several more contracts in the company safe. The night view of the city outside the office is bright. The real-time oil price is displayed on the office wall. I can't help but want to know the oil price, so I simply leave it open.

Laura came to his office at this moment, holding a lunch box filled with cut fruits in her hand. After walking in, she said: "You haven't changed your clothes, so I knew you were still in the company. The other employees have left. You Why are you still here?

You can eat fruit or steak and rice from a convenience store. You can go to the party later. You won’t be hungry then. After all, you eat so much every meal..."