Wall Street Legend

Cashing out part of the money one after another to pay off debts and do things he wants to do more, while also leaving some shares as a guarantee, is probably the best plan for Ye Dongqing.

Nowadays, the net worth is high, but the actual cash is not much. The ratio of debt to total assets is about 31%, which includes both bank debt and investors' money. Overall, it is relatively stable and has less risk.

To use third-party money to make money for yourself, you only need to pay part of the reasonable interest. Most other capable people are doing the same. There are very few companies that are completely debt-free, so it is not terrible to owe money. What is terrible is that the total assets and The total debt ratio is unreasonable.

In the early stages of development, most Internet companies invest heavily and have weak actual profitability.

Ye Dongqing's own company is no exception. The reason why Facebook has reached such a high valuation is mainly because it has adopted a relatively good development model, successfully achieved high profits, and its performance is still rising.

People like to invest in Internet industry stocks.

There is no room for betting on the stocks of ordinary old traditional companies. A two percent fluctuation in the stock price is considered an incredible figure. People can calculate the approximate scale of profits or losses, as if they have been explicitly priced. The stock price may rise. , but the cycle is relatively long, and it is difficult for major fluctuations to occur in a short period of time.

Internet industry stocks are different.

It is not difficult for the stock price to double within one year, and there are cases where the stock price has doubled several times within two or three years. Generally speaking, there is more room for gambling. High profits also come with high risks. As long as a company's performance is good enough, the price-to-earnings ratio can be almost Ignored, it is more likely to create bubbles.

For the vast majority of investors, it doesn't matter whether there is a bubble or not, as long as it doesn't explode in their own hands. Investors who are both prudent and patient like Mr. Buffett are in the minority after all.

Ye Dongqing knows the gambler mentality of investors, so in his opinion, if it takes a period of time to go public, and then a period of time to sell off part of the stock one after another, the share of funds returned should be quite good.

He holds too many shares, and the cycle of sell-offs will be very long, just like when Gates decided to regularly reduce his holdings of Microsoft shares. More than ten years later, he is still reducing his holdings regularly and selling them all at once. It will have an impact on the market, and it is not in Ye Dongqing's interests. He knows the value of these assets and there is room for growth.

Combining these, he came to the conclusion that it could be listed, so he decided to go public.

There is still something to do before announcing this news. Some employees were promised equity rewards. Options and so on are no longer necessary. Facebook can set up option rewards. Whatsapp’s room for growth is not as big as Facebook’s. It just needs to be listed as soon as possible.

At this moment.

Ye Dongqing came to the floor where the rented Whatsapp company was located. Under the gaze of people, he pulled up an empty table, stepped on the chair and stood on the table, clapped his hands and said: "Everyone, stop for a moment and come to me. There’s an announcement.”

There were only three or four hundred people in the room, which was relatively empty. One by one, employees were passing the news and the employees were coming here one after another.

Some supervisors who received the news also walked out of the office. Before that, they had not received any news related to the listing.

After waiting for a few minutes, he asked again and made sure everyone was here.

He continued to speak, with a smile on his face, and said confidently: "I think Whatsapp is already a relatively mature company, so I will arrange for this company to be listed next!"

It caused a sensation in an instant, and everyone was talking about it without caring about politeness.

Even Mr. Deville, the current CEO of Whatsapp, has a surprised expression as if he has seen a ghost. He suggested more than once before that he could go public, but was rejected by Ye Dongqing time and time again. Now it seems that there are more people who are bosses. With perspective, it was right not to go public too early.

However, today he quietly said that he was going to go public without notifying himself in advance. At this moment, he felt helpless.

Clapping his hands, Ye Dongqing then smiled and said: "Please be quiet for a moment. Before I go public, I decided to take out 2% of the shares of this company and distribute them to all the employees who have contributed to the company!!

The specific plan will be released in the next two days. Different levels will receive different equity rewards. These things should be handled recently. It is almost equivalent to a year-end reward of 150 million US dollars. How much it will be worth in the future will depend on Look at your efforts and see how high the stock price can rise after it goes public! "

Surprised cheers came instantly, and the employees on the entire floor were shocked!

Even downstairs, the noises coming from this floor could be heard. The Facebook staff downstairs wondered what was going on, shook their heads and continued working.

Before.

The only time that equity and large dividends were awarded was when Ye Dongqing decided to sell Skype.

The company is developing well at Microsoft, but Gates once told him face to face that he felt cheated because there were more advanced alternatives to Whatsapp, so Skype's growth was sluggish. Fortunately, Gates didn't care. With this small amount of money and not many shares in Microsoft, I just said it casually without any intention of going into details.

In fact, although there are not many contacts, there are only a few people in the same level circle. Ye Dongqing has a pretty good relationship with Gates. They often like each other on Facebook and occasionally exchange some ideas over the phone. Some time ago, Gates also stayed at Ye Dongqing's private island in Fiji for a few days.

People originally thought that today was a normal day, but they did not expect that they would suddenly receive equity rewards. The old employees were ecstatic because they might get or rent a house in the near future, and now they can receive equity rewards.

The newly joined employees, whose grades and working hours are average, hope with uneasiness that Ye Dongqing can add his name to the list. Each of them is good at mathematics, and on average, each employee has enough money. It's more than 300,000 US dollars. Even if the management gets a part of it, employees with more senior qualifications can probably get more than 100 or 200,000 US dollars in shares.

Someone couldn't wait to ask Ye Dongqing: "I have only been here four months and am now at Level 5. Can I get equity dividends?"

In the company, even the sweeper aunt can climb to Level 3 and Level 4 after working for three years, and then get a higher salary. There are a total of 25 levels of job classification. Calculating, it should be a fresh graduate with little work experience. Graduates, the kind who just transitioned from interns to full-time employees.

I'm happy, it's a rare opportunity to make money. Ye Dongqing replied: "Yes, but not too much. I will continue to work hard in the future and get option rewards after listing. I can only say that you are not very lucky. I'm sorry... …”