My rebirth is different

Chapter 431 How much is Facebook worth?
After hearing Mr. Hu's words, Yu Wenfei just smiled and didn't say anything.

Seeing that Yu Wenfei didn't respond, Mr. Hu felt a little anxious, so he straightened up his words.

"Mr. Fei, as far as I know, Internet companies are burning money. Your Facebook is quite large now, with employees of one or two thousand, so the expenses must be huge. Do you need to consider financing?"

Obviously, Mr. Hu still has done his homework and knows a lot about Facebook.

Yu Wenfei was taken aback for a moment, he didn't expect that Mr. Hu actually wanted to invest in Facebook.

He took a serious look at Mr. Hu, and Yu Wenfei still had a good impression of this person.

Bold, straightforward, and decisive in doing things, these are the impressions Mr. Hu left on him when dealing with Amoi Electronics.

When meeting and discussing deals, there is no ambiguity at all. It’s time to bargain. More than 1000 million limited-edition supercars are free to give away, and hundreds of millions of big deals are decided on the spot, not for mothers-in-law.

It's a character.

but……

Investing in Facebook, is he strong enough?

"Mr. Hu has an idea to invest in Facebook, so how much budget will Mr. Hu plan to spend?" Yu Wenfei asked with a smile.

Mr. Hu stretched out his right hand and spread his five fingers vigorously, "[-] million!"

He was secretly proud of himself. He had done a lot of homework. The so-called investment in the Internet industry over the past few years is basically 2000 to [-] million US dollars.
Throwing out [-] million at once, the young man in front of him would probably be frightened.

With so much money, how many shares do you need?

80.00%?
Forget it, that's too much. Internet companies have to raise funds for several rounds. It is estimated that Yu Wenfei is not happy with so many shares, so 70.00% will be fine!
Seven hundred million, this is Mr. Hu's valuation of Facebook.

Of course, this is a preliminary estimate. When it is time to negotiate an investment, a third-party evaluation company will be introduced to give an accurate valuation of Facebook.

Just as he was expecting to see Yu Wenfei's stunned expression, Mr. Hu found that Yu Wenfei shook his head slightly.

"[-] million... is not impossible, but it must be a follow-up investment. When Facebook raises funds, I will let Mr. Hu be notified." Yu Wenfei said softly.

Once Facebook opens the door for financing, Yu Wenfei is going to be more ruthless this time.

So it doesn't matter if there are more investors, I'm afraid they won't be able to spend enough money, and Yu Wenfei's follow-up plan needs a lot of money to support it.

The project in his hands that can gather a lot of money is currently Facebook.

Jiale Company has just started to lay the groundwork, and it is far from mature, and that project is not suitable for financing.

Mr. Hu blinked his eyes, a little confused, follow the shot?
He thought hard for a while before he remembered what it means to follow the investment. After all, he is not a professional investment company and has little contact with these terms.

Investors are divided into main investors and follow-up investors. Obviously, the main investor is the one with the most money, and there may be more than one follow-up investor, that is, each of several companies pools a little money, the main investor eats meat, and the follow-up investors drink some soup.

He doesn't understand now, he wants to invest [-] million!

So much money can only follow the investment?

So how much money does Yu Wenfei want to raise?

"Mr. Fei...you...how much is your Facebook worth?" He was a little unconfident when he spoke.

The investment in Facebook this time is just an idea in his mind, and has not yet been professionally evaluated.However, no matter what, the gap is not so big, can Facebook be worth billions? !
How much is Facebook worth?

Yu Wenfei couldn't answer this question for a while.

The valuation of Internet companies is really hard to say because it is different from traditional companies.

The valuation of traditional enterprises is very rigorous. How much is the fixed assets, how much is the annual revenue, how much is the gross profit, and how much is the net profit?

But what about Internet companies, many Internet companies have no revenue.

Not only does it have no revenue, but it also needs to keep investing in it, resulting in more and more losses.

According to the traditional investment philosophy, this kind of company is rubbish, and you can't invest in it even if you change money.

But in recent years, more and more facts have proved that Internet companies are not afraid of losing money. Amazon has been losing money for more than ten consecutive years, but it has almost turned bald Bezos into the world's richest man!
Who are you going to reason with...

Internet companies, look at the company's prospects, look at whether the technology is advanced, look at the market share, and look at the number of users!

In fact, to be frank, how much an Internet company is worth depends on how much investors think it is worth...

Even if you are just starting out, there is only one broken website, three or two employees, and less than [-] users.

But you think your company can change the world in the future!

At the same time, if the investor also recognizes your idea, then the valuation of your company will be high.

It is possible for you to start directly with theory A at a valuation of one billion yuan.

Just look at Lao Ma’s Alibaba. When it first received $99 million in venture capital from Goldman Sachs in 500, there were only a few dozen employees, and they didn’t even have a proper office. They were crammed into a dilapidated residential building.

Even a year later, when Softbank wanted to invest, Ali didn't do much well, and the company was also in a mess.

In this regard, Softbank wanted to invest 5000 million US dollars in him at that time, taking more than 40.00% of the shares, which was obviously based on a valuation of [-] million US dollars.

The people in Alibaba are still unwilling to ask for so much money, saying that 5000 million is too much and it is not necessary.In fact, it was because there were too many shares that needed to be paid, and only 2000 million U.S. dollars was required in the end.

That is, a group of people in Alibaba think their website is valuable, and Softbank also recognizes their ideas.

In the past, why did no one from other investment companies invest in Ali? It was because other investment companies thought Ali was worthless!

…………

Now President Hu asks Yu Wenfei how much Facebook is worth.

If Yu Wenfei were to say it, that number would probably make Mr. Hu jump up on the spot.

Because in Yu Wenfei's mind, the value of Facebook cannot be measured by money!
Many of his subsequent plans will revolve around Facebook, and this website will be the core of the first stage of his career.

Without Facebook, nothing else.

So, if I could, Yu Wenfei would say that Facebook is worth more than 3000 billion US dollars!

Why is it more than 3000 billion US dollars, because in this year, Microsoft is the technology company with the highest market value, with a market value of more than 900 billion...

Obviously, in Yu Wenfei's mind, the value of Facebook is more than that of Microsoft!

Naturally, he wouldn't say what was in his heart, otherwise Mr. Hu would definitely jump up in fright, and then he would think that Yu Wenfei was crazy...

"It's hard for me to say how much the valuation will be. I will find a professional company to evaluate it when I raise funds after the next year. But Mr. Hu is mentally prepared, and it will definitely not be less than 50 billion."

(End of this chapter)