My rebirth is different

Chapter 880

Yu Wenfei stood up, smiled and said, "Let me introduce you."

As he spoke, he reached out and gestured to one of them, a tall, blond man in his fifties with a ruddy complexion.

"This, Mr. William Rhodes! Senior Vice President of Citigroup, Vice Chairman of the Board of Directors of Citibank and Global Senior Vice President."

Ballmer naturally knew William, which was mainly introduced to Sergey and Larry Page.

Then, he reached out his hand to gesture to another thin, gray-haired man in his sixties.

"This is Jim Walton. Hearing his surname, there is no need to introduce it."

Jim is the youngest son of Walton Sr., and he is mainly in charge of most of the family's private businesses.

This is a financial genius, and also serves as the CEO of Arvest Bank, the largest Arkansas bank.

The investment in Facebook this time is a private investment of the Walton family, so Jim Walton also came forward.

Ballmer suppressed the shock in his heart, smiled on his face, and came over to say hello to William Rhodes and Jim Walton.

"Hey, two, I really didn't expect that you would come here too."

On the other side, Larry Page and Sergey were even more surprised after hearing Yu Wenfei's introduction.

They also understand what Citibank and the Walton family represent in the United States.

Yu Wenfei, how did you pull these two great forces over?

It seems that the matter of investing in the international version of Facebook this time is not as simple as imagined!
After several people greeted each other, everyone sat down again and started today's negotiation.

Because there was a new prospective investor, Lu Qi started yesterday's process again.

Seriously said: "The two newcomers are veteran investors, so I will keep it short. For the valuation of Facebook North America, our bottom line is 120 billion US dollars. Whoever can accept this price will be fine." Obtain the priority to buy shares. Remind everyone, we will only release a maximum of 40.00% of the shares for this financing.”

Facebook North America Inc. is a company fully funded and technically supported by Facebook Mainland China.

Although it is completely independent in terms of finance and personnel administration.

But before that, it was still 100% owned by Facebook Mainland Corporation.

Shareholders are those shareholders of the Facebook mainland head office.

The introduction of new strategic partners in this financing is part of share expansion financing, and all the funds obtained will be invested in the operation and development of Facebook North America.

The basic valuation is 120 billion US dollars, accounting for 60.00% after the share expansion.

That is to say, the financing this time will be as high as 80 billion US dollars!
After the share expansion and financing, the total value of Facebook North America will be as high as 200 billion U.S. dollars, which seems to be a giant company!

Therefore, the contacts are all industry giants, and ordinary companies do not have the financial resources to participate.

…………

After listening to Lu Qi's offer, Ballmer and Larry Page remained silent, waiting to see what attitudes William Rhodes and Jim Walton had.

William Rhodes took the lead and said: "The price is quite reasonable. Before coming here, our investment banking department has also conducted sufficient research, and we still recognize the valuation of your company."

Jim Walton also smiled slightly, and said: "Before coming here, Rob told me that no matter what price he quotes for Yu Wenfei's company, just invest with confidence and boldness. Then you have to firmly Hold these shares carefully and wait for ten or even 20 years. Then you will find that these investments will bring you great wealth.”

The Rob he was talking about was his elder brother and the current helm of the Wal-Mart empire.

Last time when Yu Wenfei acquired IBM's personal computer business unit, he visited Rob, and the two had a long conversation.

Afterwards, when Rob mentioned Yu Wenfei, he was full of praise, thinking that he was an unborn business genius.

This time, when Facebook North America was about to introduce a strategic partner, the first thing Yu Wenfei thought of was the Walton family!

Because the Walton family is mainly engaged in business operations, their financial resources are very strong, and they do not refuse to embrace the Internet industry. They just didn't have good investment opportunities before.

In that conversation between the two, Rob talked about it.

Coupled with the huge influence of the Walton family in North America, it would be perfect to invite them to invest and become a cornerstone investor of Facebook North America!
Citibank is even simpler, and the two parties have had a pleasant cooperation for a long time.

The listing of Facebook Mainland China has also made Citigroup a lot of money. As for Facebook North America, they will naturally not miss this opportunity.

Moreover, if they are allowed to invest, they will naturally be qualified as underwriters when Facebook North America goes public in the future.

And earn a fortune!
For Facebook North America, the benefits of introducing a strategic partner like Citibank are also very great.

Because Citibank is one of the representatives of Wall Street capital, its influence in the North American financial circle cannot be underestimated.

It's all great to have when Facebook troubles in the future.

In fact, after the introduction of the Walton family and Citibank, ordinary people want to deal with Facebook, so they really have to weigh whether they have enough weight...

………………

Seeing Citibank and the Walton family so refreshing, Ballmer and Larry Page looked at each other.

This is a big investment of billions of dollars!
How can you be so rash?

But they are not fools, and they quickly reacted.

This should be because Facebook has communicated with Citibank and the Walton family long ago.

They had already discussed the investment conditions, but they were kept in the dark.

Obviously, it should be that his company is also one of the investors that Facebook wants to win over. After taking a stake, it can provide some assistance for the development of the international version of Facebook.

But obviously, I am not the most important.

The current situation is such a situation. If you agree to a valuation of 120 billion US dollars, then you can get the opportunity to invest.

If it does not agree, Facebook should not back down.

It is likely to kick yourself out and replace it with a company such as Yahoo or Amazon.

After pondering for a while, Ballmer raised his hand briskly and said with a smile: "Since even a professional institution such as Citibank recognizes the valuation of 120 billion US dollars, then I have nothing to say! That's it, count us Microsoft one."

Seeing that even Ballmer had surrendered, Larry Page and Sergey became anxious.

Quickly said: "We also agree with this valuation! But... But we don't have that much cash... The money will have to wait for us for more than a month, Google will go public soon, and when we get the money raised from the listing, Pay immediately!"

(End of this chapter)