My rebirth is different

Chapter 489 The Nine-year-old Richest Man
Everyone was discussing, Xue Chunhe came out from the backstage with a smile on his face, holding a microphone in his hand.

"Friends from the press, welcome to the site of our press conference. The press conference is now officially started!"

"Next, we invite Mr. Sun of Softbank and Mr. Wang of Jiaotong University Venture Capital to come on stage..."

Sun Zhengyi and Director Wang came out side by side and waved to the audience.

A burst of flash lights lit up, and the entire conference hall suddenly lit up.

After Sun Zhengyi and Director Wang sat down, Xue Chunhe continued: "This time, we, Softbank and Jiaotong University Venture Capital jointly invested in a project. Some reporters may have guessed it, and some people didn't know it. Next, let's With warm applause, we invite Facebook CEO Mr. Cai Congxin! And...Facebook Chairman Mr. Yu Wenfei!"

There was an uproar under the stage.

"Isn't Cai Congxin the chief financial officer of Ali? Why did he go to Facebook!"

"That's right, I interviewed him last month, at Ali's headquarters in Hangcheng, Mr. Xue made a mistake, right..."

"You are still journalists, the news is too late! Cai Congxin just switched from Ali to Facebook two days ago, and now he is the CEO of Facebook!"

Yu Wenfei and Cai Congxin came out side by side. Today is considered a formal occasion. Both of them were wearing dark suits.

Their appearance once again triggered the flash lights on the scene to light up like stars.

Xue Chunhe held a microphone and introduced loudly: "Facebook is a wonderful online social platform. Here, you can meet more new friends through your friends. By creating a private Facebook page on Facebook, you can communicate with the ever-growing Mutual friends share photos, journals, and hobbies. You can also see who each other is friends with, or see how people are connected. Maybe you only need to go through five contacts to meet a famous celebrity acquaintance!"

"Facebook is an online community for all ages, where friends chat casually, where singles meet their significant other. Celebrities connect with their 'fans', families stay in touch, and let each other Learn about your latest situation. Professionals can expand their network here, classmates and old friends can reminisce about the past, and friends who haven’t seen each other for a long time can reunite here!”

"Also, even if you are just an ordinary person who is inconspicuous in daily life, here, you also have the opportunity to become a star that everyone is looking forward to!"

"This is Facebook!"

"Let us once again give warm applause to thank Mr. Yu Wenfei for creating such a wonderful platform!"

For Facebook, Xue Chunhe is blowing it up.

But it is also normal, Softbank has become one of the shareholders of Facebook, of course, hope that Facebook can develop better.

He was bragging on the stage, and the reporters in the audience were a little bit helpless. The question everyone was most concerned about was not what happened to Facebook, but how much money SoftBank had invested this time!
"Mr. Xue, Mr. Xue! Can you tell me the amount of Facebook's financing this time? And what is Facebook's current valuation?" A reporter raised his hand and asked loudly.

This is what everyone cares about the most!

Journalists are always looking for explosive news. Of course, everyone hopes to hear an astronomical figure at this type of investment press conference, and Facebook’s valuation should be extremely exaggerated.

After going back like this, everyone will have news to write.

If it's just an ordinary investment and the valuation is mediocre, isn't that a waste of everyone's time?

Hearing this question, Xue Chunhe smiled slightly, and he said calmly: "Don't worry, of course this will be announced. The press conference that everyone is invited to attend today is actually the signing event of SoftBank and Facebook. "

Turning around, Xue Chunhe faced the people sitting on the rostrum, "The following is our Mr. Sun."

The staff handed over the microphone, Masayoshi Son straightened his expression, and said: "After consultation, Softbank invested in Big Venture Capital to follow up, and formally launched an investment in Facebook with an investment amount of 40 million US dollars! Facebook's valuation at this stage It's $[-] billion!"

A stone caused a thousand waves, and there was a huge noise in the conference hall. Everyone couldn't believe their ears.

Those present, who doesn't know that Sina is the most valuable Internet company in China right now!

But Sina only has a market value of 32 billion US dollars, and it is still a listed company.

Why can Facebook be valued at 40 billion US dollars!
In addition...

Everyone thought of a very serious question, that is, if Facebook is worth 40 billion U.S. dollars, and Yu Wenfei still holds at least 80.00% of the shares, wouldn’t he be worth more than 30 billion U.S. dollars?
This is, far surpassing last year's richest Rong family!

Could it be that a 19-year-old richest man in the country is about to be born?
This is definitely great news!
"Mr. Sun, do you think this valuation is reasonable? Is it seriously overestimated? As far as I know, Facebook doesn't have any profit channels at all." A reporter from the financial newspaper rushed to the front and asked loudly.

Sun Zhengyi looked at him with a smile and said: "Whether it is worth it or not depends on how you look at it. In my eyes, Facebook has the best executive team. Mr. Yu Wenfei doesn't need my introduction, it seems He was a big celebrity before he founded Facebook. I think he will be a great success in everything he does! In addition, Mr. Cai Congxin, the newly appointed CEO, is familiar to everyone. In fact, I don’t even need to think about it. The current operating conditions of Facebook, just looking at how these two people can work together, this company is worth 40 billion US dollars!"

Yu Wenfei and Cai Congxin both nodded and smiled at Sun Zhengyi, this is business bragging.

Finally, Yu Wenfei got up and said a few words.

"I am very happy to be recognized by Mr. Sun of Softbank. Many journalist friends may still question whether Facebook is worth 40 billion. In fact, in my eyes, 40 billion is far from representing the value of Facebook. Now, many people may I feel that Softbank has been taken for a ride, but after a few years, the same group of people will be amazed by Mr. Sun's vision and courage today! Because investing in Facebook will become one of the things he has done in his life. The most correct thing!"

This made even Sun Zhengyi stare sideways. This not only helped Sun Zhengyi to boast, but also promoted Facebook.

But now he is in the limelight, Facebook's performance is there, VCs really recognize Facebook's super high valuation, even if the reporters in the audience are not convinced, they can't say anything.

After the press conference, the traditional media will have to wait the next day to publish the news, but the speed of the online media is much faster.

On the entire Internet, news about Facebook's valuation of 40 billion and the acquisition of [-] million US dollars in venture capital has been overwhelming.

"Shock!It turned out to be the website with the highest market value in the country! "

"At the age of 19, he has already become the richest man in China with a net worth of more than 200 billion. What are you doing at the age of 19? "

"$40 Billion?Does the site deserve that valuation? "

"Softbank made another move, throwing [-] million US dollars, just to get [-]% of the shares of this website! "...

(End of this chapter)