My rebirth is different

Chapter 432 Doubt about life

Although Yu Wenfei tried his best to keep the number as small as possible, the figure of 50 billion still frightened Mr. Hu.

"How much...how much?" President Hu thought he had heard it wrong.

Before Yu Wenfei could say anything, Zhou Mengyi who was sitting next to him answered for him, "50 billion!"

Mr. Hu glanced at Zhou Mengyi. Although Zhou Mengyi was very beautiful, obviously no 50 billion could attract Mr. Hu's attention.

He asked in disbelief: "Can it really be valued at 50 billion?"

"At least that much." Yu Wenfei replied with a smile.

If it is lower than this amount, then what kind of capital does he need to raise? In the first round of financing, Yu Wenfei's shares will not exceed 20.00% at most.

If the valuation is less than 50 billion, then the financing of 20.00% of the shares will not exceed [-] billion. What can this amount of money do, it is better not to raise money!
Of course, Yu Wenfei also has enough confidence. Facebook now has more than 4000 million registered users. When the 1.0 version is updated and launched, coupled with the stimulation of Effie’s big event, in about a month, the number of registered users is still sure to exceed 5000. Ten thousand!

It would be a joke to hold such a social networking site with huge traffic and a valuation of less than 50 billion.

Although Facebook currently does not have any profit model, but painting cakes tells stories. In this regard, if Yu Wenfei claims to be the second, no one would dare to say that he is the first.

Don't forget, he is the best-selling author in the country in the past few years, and his storytelling ability definitely surpasses that of Zhang Zhaoyang and the others...

After hearing Yu Wenfei's answer, Mr. Hu felt a turmoil in his heart.

Really... Those who do the Internet, they are black horses!
He knew a little bit about Yu Wenfei's company. The total investment of the parent company Star Technology is only [-] million, and the subsidiary Facebook's investment is [-] million.

Even Star Technology was established only about four months ago, not to mention Facebook, which has only been online for two months.

In just two months, Facebook's valuation has changed from 50 million to [-] billion?

It has more than doubled by more than twelve times!

I led a group of people to hype Amoi Electronics, and worked hard for more than two months. I also searched for contacts everywhere to post soft articles in the media, and hired a group of master traders to make price differences every day. Suppress.

After a lot of busy work, he only made more than [-] million yuan, and what was distributed to him was only [-] million yuan.

I was so happy about this, I thought I made a lot of money.

Look at others, they just set up a small website, and there was no big movement, but after two months, they dared to ask for 50 billion, and at least this amount...

People are more annoying than people!
Or has it changed these years, and it becomes impossible to make money?
Mr. Hu began to doubt life a little bit.

He hesitated for a long time, not knowing what to do next. With his [-] million yuan, it seemed that even if he invested in it, he wouldn't be able to get many shares.

What's more, is that Facebook really worth that much money?

But don't let this kid deliberately fool himself, and then invite two investment companies to cooperate with the acting and take his own money...

Don't tell me, there is really such a possibility, five hundred million is not a small amount!

For that much money, anything can happen.

Mr. Hu flinched a little.

Yu Wenfei glanced at him, understood his concerns, and said, "Actually, I still have a project in hand. Facebook is not very suitable for Mr. Hu's investment, but the other one is more suitable."

…………

To be honest, Yu Wenfei didn't intend to let Mr. Hu participate in Facebook's investment at the beginning, because Facebook's financing is not only for money, but also for the identity of the investor.

Yu Wenfei also made an agreement with the two principals of the school that the school's investment fund will participate, which can be regarded as a follow-up investment.

Jiaotong University’s investment fund does not have much money, but with this background, it is of great benefit to Facebook.

Facebook's current influence may not be that big, and it is not too eye-catching, but if it continues to develop, when Facebook becomes both social and self-media, its influence will be noticed by relevant departments.

In China, all media channels must work under the guidance of the organization.

Instead of passively accepting guidance at that time, it is better to choose a close organization in advance to get close to it, so that it can also protect Facebook from wind and rain in the future.

Therefore, Yu Wenfei will definitely let the investment fund of Jiaotong University enter the market, and the shareholder of Jiaotong University cannot leave the market. Even if the company goes public in the future, it will have a seat on the board of directors.

As for the follow-up investment from Jiaotong University, Yu Wenfei, the VC who led the investment, is going to choose a big investment bank with strong financial resources and foreign background.

Facebook must go public within two years, and it can only be listed on NASDAQ. The requirements of the domestic Shanghai and Shenzhen stock markets are too high, and it is impossible for Internet companies to go public in China.

There is only one thing that dooms Internet companies not to be listed in the domestic market, and that is to make profits for three consecutive years!

Just kidding, how many Internet companies can make a profit?
Has Amazon been profitable for so many years?
This is because the operation mode of Internet companies is completely different from that of traditional companies. Internet companies focus on quickly occupying the market, and it is best to achieve the degree of industry monopoly. Even if they cannot achieve monopoly, they must be among the top three in the industry!

Then this means continuous large-scale investment, including hardware facilities, staff recruitment, and promotion costs!
Under such a model, perhaps future profits can be expected, but basically don’t think about it in the past few years, so domestic Internet companies are all listed in the United States.

If you want to collect money from someone else's territory, you have to pay a "protection fee". Otherwise, do you think foreigners' money is easy to earn?

At this time, it is very important to choose a strong foreign VC as a strategic investor.

The influence of Wall Street giants in the United States is still very strong. With them as shareholders, it basically clears the obstacles for companies to go public on NASDAQ.

So don't fail to understand why the major shareholders of domestic Internet giants are foreign capital. To be honest, they don't want to.

But it’s really impossible not to do that. Enterprises need to develop and need funds, and domestic banks will not give you loans or let you go public for financing.

What can I do, I can only choose foreign investment banks to cooperate and cut the cake for foreigners.

However, this is also a matter of mutual benefit. Foreign VCs are really willing to invest tens of millions of dollars in a small and humble company. If they change to a domestic financial institution, they don’t understand this investment logic at all.

Others dare to bet and invest money, and if you don't let them make money, then it can't be justified.

In Yu Wenfei's vision, Facebook's shareholder structure will consist of three parts.

Of course, he, the founder and largest shareholder, must firmly control the company's right to speak. Even after several rounds of financing and listing, he must firmly obtain the largest voting right.

As for the equity, it depends on the situation, and it may be diluted to only [-] to [-]%.

(End of this chapter)