My rebirth is different

Chapter 510 Corporate Reorganization
There are a lot of users, maybe they can't write any good articles, don't like to post photos, let alone make gimmicks to attract attention.

Therefore, these people may not have been too interested in Facebook before, because they had no sense of participation and could not integrate into this platform that is mostly young people.

However, maybe they, some people are invincible in playing cards, and they are invincible in chess. People always have a little hobby.

Now after the launch of the Facebook game platform, it not only attracts the original Facebook users with lower age groups, but also attracts users who were not very interested in Facebook.

A middle-aged man like Lao Wang...

The Facebook game platform, for Facebook, is not only a part of the ecological composition, but also a beneficial supplement!

With more and more users of the Facebook game platform, even the number of new Facebook user registrations has risen again.

……

"Congratulations to Mr. Fei, the newly launched game platform is a big success! Mr. Sun asked me to convey his greetings to you. He will visit again next month. I hope to meet Mr. Fei again then."

Xue Chunhe said to Yu Wenfei with a smile on his face.

They, Softbank, have just teamed up with Jiaotong University Venture Capital to make the first round of venture capital investment in Facebook. Although the price is a bit high, they paid a full [-] million US dollars to get [-]% of the shares.

But it's only been a few days, and the scale of Facebook has once again ushered in a rapid increase.

According to Xue Chun and their estimates, this game platform, after Facebook goes public, will add at least one billion dollars to Facebook's valuation!
This number is still in the case that the Facebook game has not yet found a reasonable way to realize it.

Some people may not understand why the number of users of Lianzhong is similar to that of Facebook games. It is too miserable to find new investors there, but the valuation of Facebook game platform can be worth one billion.

This goes back to the old question, the difference between going it alone and a complete ecological chain.

Ourgame is an independent game platform, and there is no other business model, and it is impossible to have it in a short time.

But the Facebook game platform is backed by Facebook, a very mature social platform, not to mention whether the Facebook game platform can make profits for the company, but it can expand the user group of Facebook, increase the online time of users, and increase user activity. , then it is worth at least one billion!
Moreover, within the entire Facebook ecosystem, this game platform can do too many things in the future, and the new businesses that can be derived are far from what our game platform can match.

To be honest, in Yuwenfei's plan, this game platform is not just a vassal of Facebook, it also has a very important role, and it is also the vanguard of opening up another "battlefield"!
"Oh, Mr. Xue came just in time. I'm about to ask the secretary to inform you that I'm coming to the company's board of directors. There just happens to be something that needs to be discussed at the board of directors." Yu Wenfei laughed.

The board of directors of Facebook and the representative of Softbank are exactly held by Xue Chunhe.

As for Jiaotong University Venture Capital, Director Wang himself is naturally in charge. After all, the investment in Facebook is also a very large sum for Jiaotong University Venture Capital.What's more, the relationship between Yu Wenfei and Jiaotong University is so close, Director Wang also wants to help him come to the platform.

"What's the matter? Does Mr. Fei have any new plans?" Xue Chunhe asked hastily.

"As for the game platform, I plan to spin off this project and set up a separate subsidiary." Yu Wenfei nodded.

Xue Chunhe frowned and thought for a while, then asked hesitantly, "Could it be a little early?"

No wonder he has this concern. Facebook has only been online for a few days, and the entire operation team is immature. If we spin off now, will there be any problems?

Yu Wenfei shook his head, "The game platform project, we are definitely not just making chess and card games, it still has a lot of room for development. If it is kept on Facebook and exists in the form of a business department, it will affect Its growth rate. Facebook game needs to establish a separate company, raise funds independently, and even go public in the future! Facebook will have more and more projects in the future, and it is impossible to stuff all projects into one shell. It is also detrimental to the rights and interests of our shareholders. Taking this opportunity, we can reorganize the company structure..."

This is what Yu Wenfei has been thinking about recently. As the company grows larger and involves more and more businesses, some things need to be sorted out in advance.

Take Facebook as an example, which is now called Facebook Technology Co., Ltd. Before the launch of the game platform, the company's main business was Facebook.

Softbank and Jiaotong University Venture Capital invested in Facebook Technology Co., Ltd.

But now that the game platform has been launched, followed by the music video project, it means that Facebook Technology has four major business directions.

If it continues to be placed in a company, it will cause certain troubles in terms of management and finance.

Moreover, it will limit the development of new projects. Obviously, the company's resources will definitely be allocated to the most pillar business, which is Facebook, and those new businesses that have not yet developed will be more or less ignored.

Even if the leadership pays attention to it, it cannot completely solve the problem.Because the employees below are definitely more willing to stay in the main business department instead of going to the new business department.

Obviously, the main business department is the core department, and it has been done very maturely, the work is not difficult, and the future listing is basically a certainty.Who would let the ready-made blessings go to "open up wasteland" instead of enjoying the ready-made blessings? There may be such employees, but they are destined to be few.

The best way is to spin off and set up a new company, and hand over these new businesses to a group of motivated employees.

Give them enough autonomy, the company will be successful in the future, and they will also be able to share the fruits of victory. In this way, the enthusiasm of employees will be greatly increased.

…………

Yu Wenfei and Xue Chunhe discussed for a long time, and finally, Xue Chunhe decided to support Yu Wenfei's proposal.

Of course, it doesn't matter if he doesn't support it, because according to the company's shareholding structure and the proportion of shares held by Yu Wenfei, he can decide everything by himself.

The reason for discussing with Xue Chunhe first is also the respect of major shareholders for small shareholders...

Facebook's board of directors is relatively simple, just a few of them, Yu Wenfei, Xue Chunhe, Director Wang, Cai Congxin, Lu Qi, and Effie.

Yu Wenfei stated his thoughts straight to the point, and finally said: "In the future, with Facebook Technology Co., Ltd. as the core, there will be four subsidiaries: Facebook, Facebook Games, Facebook Video, and Facebook Music. Each subsidiary is responsible for its own profits and losses. Self-management! Mr. Cai continues to serve as the CEO of Facebook Technology Co., Ltd., and concurrently serves as the president of Facebook. The Facebook video and Facebook music project teams are temporarily attached to the name of Facebook Technology Corporation, and a separate subsidiary will be established after the project is mature. Facebook Games President of the platform, I nominate Effie!"

Effie sat at the end of the conference table, listening and memorizing attentively, when she suddenly heard her name.

"Ah... me?" Effie was stunned.

She never expected that Yu Wenfei would nominate herself as the president of this newly established subsidiary!

President...

In terms of qualifications and experience, there are several people in the company who are better than her. Manager Lu Qiwang and the others are probably more suitable than herself.

"Yes, don't think this is a good job. Let me remind you first that the Facebook game platform will be the second largest industry after Facebook. I have very high requirements for this company. You will have to work hard in the future. "Yu Wenfei said with a smile.

"Don't worry, Mr. Fei! I'm not afraid of hard work, and I will definitely run the Facebook game well and submit a satisfactory answer to the board of directors!" Effie stood up and promised, patting her chest.

"Well, I believe you have the ability." Yu Wenfei nodded in satisfaction, motioning for her to sit down.

After Effie sat down, Yu Wenfei said again: "Since the company has been divided into parts, the cash in the company's account must be divided into one. Now the company's cash in the account, in addition to the budget that has been planned to be invested in the data center , there is still [-] million yuan left. This part of the money can be distributed to various subsidiaries, what do you think?"

When it comes to the distribution of money, everyone is in high spirits, but it's okay now. Of the four planned subsidiaries, only two have been established now.

Effie hurriedly said: "The recent development of the Facebook game platform is obvious to all, and the situation is very good. However, we can't take it lightly, because according to the information we have, Lianzhong and winger are planning to counterattack, while Tencent's Bian is also taking the time to optimize the platform and build the data center. It can be said that there are still several fierce battles to be fought. If the Facebook game platform wants to break through the siege and really grow, it must have enough ammunition reserves, that is, funds!"

Although Lu Qi is not the boss of the branch, he represents Facebook. Cai Congxin, the president, is also the CEO of the head office, so it is not convenient for him to come forward, so Lu Qi does his part.

He shook his head and retorted, "No, I think Facebook is the company's pillar industry. Including the game platform, they are actually an extension of the Facebook platform. In terms of funds, we must first ensure the needs of Facebook, and the rest It can be distributed to other subsidiaries."

Effie raised her willow-leaf eyebrows, and said unconvinced: "Facebook has no place to spend a lot of money now, and the data center has cost more than a billion yuan! In addition, with the glass of several subsidiaries, the number of Facebook employees It has also dropped sharply, and the pressure on wages has also dropped a lot. So I still think that Facebook only needs to develop steadily and does not need to continue to invest heavily. But the new business is different. The new business is more than Facebook in the early stage The Internet needs more funds.”

This is the benefit of setting up a subsidiary company. Everyone used to be harmonious, but now they have a sense of competition. This is a good sign!
(End of this chapter)