My rebirth is different

Chapter 878
After listening to Lu Qi's words, Sergey and Larry Page didn't know how to answer for a while.

Because that is all public data, everyone knows it, and you can't answer it randomly.

The market value of Facebook in NASDAQ is as high as 400 billion US dollars!
And that's just the market value of Facebook's mainland company. For comparison, the value of Facebook's North American company, you say it's worth 50 billion US dollars, 80 billion US dollars, isn't that a joke?
Not to mention that the international version of Facebook has just started, and it is not as stable and mature as the mainland version of Facebook.

Regarding the data of the international version of Facebook, everyone here is also aware that the number of registered users has reached 5000 million, and there are more than 2000 million daily active users.

Such data was only obtained in a short period of two or three months.

Give Facebook International another year, no, just half a year, what kind of company will it grow into?

For such a unicorn company, are you serious about setting a valuation of 50 billion 80 billion?
After all, Sergey and Larry Page are relatively young and thin-skinned, so they are embarrassed to answer this question.

Ballmer is still relatively experienced, he laughed, and shook his finger.

He replied: "Mr. Lu, you have to make a clear distinction.

That is, the Chinese version of Facebook grows in the mainland market, while the international version of Facebook grows in places like North America and Europe, and the environment is different.

In the mainland market, there is no doubt that your Facebook company has a dominant position in the Internet industry!

But, in North America and in Europe, do you think it will be easy for Facebook to grow up?
Without strong strategic investors such as Microsoft or Google, the future of Facebook's international version, IMHO, is not very optimistic. "

These remarks, on the surface, are to explain the difference between the two Facebook companies in mainland China and North America, but they are actually a hidden threat.

What Ballmer means is that your Facebook is originally a Chinese-funded company, and naturally there are not many external factors affecting its development in the mainland.

In addition, there are many Facebook companies, so it can develop smoothly and grow to its current size.

But the international version of Facebook, although it performed amazingly at the beginning, it also relied on the foundation of the Facebook game.

In the future, the Facebook company will not be able to provide it with any help.

Moreover, Europe and the United States are different from mainland China. You, an outsider, really think that you can do business casually in our land?

If we don't allow Microsoft and Google to take shares, there will be a lot of troubles in the future!
…………

Lu Qi's face darkened, obviously he could hear the meaning behind Ballmer's words.

He turned his head slightly and looked at the big bosses from the head office sitting next to him.

Yu Wenfei's face was calm, and he was drinking coffee on his own, as if he didn't care at all that this was a major business negotiation.

Fang Zhiyan, Xue Chunlai and the others looked up at the documents every time they raised their heads.

Here are the recent detailed data on Facebook North America.

Only Cai Congxin, who was listening carefully to the negotiation between the two parties, saw Lu Qi looking over, just smiled and nodded to him.

Signal him to continue the conversation.

"Mr. Ballmer, please pay attention to one thing. That is, in Europe and the United States, there are many powerful technology companies, and we also have many choices. For example, my old company, Yahoo, is actually a good choice. But , Facebook, there is only one!"

Lu Qi countered neither humble nor overbearing.

At this time, Sergey interjected, and he said with a smile: "No, no, Mr. Lu, Yahoo is not a good choice. You have worked there for a long time, and you should understand better than us that the era of belonging to Yahoo is over! "

Lu Qi's expression froze.

Sergey is right, the era of Yahoo is over.

That is to say, he saw this clearly, so Lu Qicai left Yahoo and came to Facebook North America as the president.

"Even if Yahoo doesn't have the dominance it used to have, it is still a powerful Internet company that can provide the international version of Facebook with no less Internet traffic than Google. In addition, non-Internet companies like IBM are actually It’s also very good. Even for e-commerce sites like Amazon, it’s mutually beneficial to cooperate with Facebook.”

Lu Qi said not to be outdone.

Sergey shrugged and spread his hands. Although he didn't refute, the meaning was obvious.

Ballmer came out to smooth things over again, and he asked with a smile: "Since this is the case, why don't you tell us your psychological expectations? Mr. Lu, how much do you think your international version of Facebook should be valued at?"

Regarding the valuation of Facebook North America, Lu Qi naturally communicated with Yu Wenfei and the others.

Everyone also has a preliminary opinion.

Lu Qi opened his mouth and replied: "No less than 120 billion US dollars!"

5000 million users, more than half of the daily active users, the international version of Facebook, worth the price!
Of course, if you just look at the current data, 120 billion US dollars is indeed too high.

But don't forget, as Lu Qi said earlier, Facebook already has a very successful template first.

As long as no major mistakes are made, the development trajectory of the international version of Facebook will not be much worse than that of the Chinese version of Facebook.

Moreover, the future growth of North American companies will be higher than that of domestic companies!

From this point of view, $120 billion is not that high, but a reasonable price.

It is impossible for any company to measure only from existing data when conducting valuation.

Of course, the existing data is a very important reference.

But every company has different future development prospects and space, so this factor should also be taken into consideration when valuing.

Ballmer and Sergey deliberately ignored this growth space and development prospects, and only looked at the current data!

Of course, they also have their reasons.

That is, the future growth of the international version of Facebook may not be as good as the existing shareholders of Facebook imagined...

…………

Hearing the figure of 120 billion US dollars, Ballmer, Sergey, and Larry Page looked at each other, and all three shook their heads slightly.

Apparently, they thought the price was too high.

Negotiation, that's it. One party desperately raises the price, and the other party must desperately lower the price.

The two sides continue to negotiate and make mutual concessions until they reach a balance and negotiate a price that everyone can accept.

The negotiation was declared a success.

Of course, there will also be situations where the gap between the two parties' expectations is too large and they cannot always reach an agreement.

At that time, naturally, the negotiation failed.

Now, the price proposed by Lu Qi is a bit different from what Microsoft and Google want.

"Well, let's talk about this today, and you can go back and think about it. Tomorrow, two new friends will come over, let's talk about it together."

Yu Wenfei said suddenly.

(End of this chapter)