My rebirth is different

Chapter 882 Doubt
On the stage, Lu Qi stretched out his hand to signal the audience to quiet down.

After a while, the sound of the scene quieted down. Everyone was watching him, waiting to hear what he had to say.

Without going around in circles, Lu Qi announced directly.

"It is a great honor to announce that after negotiation, Facebook head office, Microsoft Corporation, Google Corporation, Citigroup Investment Bank, and Walton Family Fund have reached a consensus. 12 million shares, priced at 10 US dollars per share, and a total of 80 billion US dollars in financing. The four companies or funds present, each subscribed [-] million shares, and became shareholders of Facebook North America!"

"Wow!" With a slam, the audience became chaotic again.

Although everyone has already guessed, Microsoft and Google should have already invested in Facebook North America.

However, no one thought that the valuation of Facebook North America would be so high!

At this price, isn't Facebook North America worth 200 billion US dollars!
This is not a small amount.

Even Google is about to go public, and everyone's valuation of it is not much higher than 200 billion.

"Mr. Ballmer, is this valuation real? Is Facebook North America really worth so much money?"

Reporters immediately raised their hands to ask questions.

"Mr. Larry Page, hasn't Google considered developing its own social platform? Why did it pay such a high price for a stake in Facebook?" Susan also tried to squeeze to the front, raising her hand and asking.

Seeing the chaos in the audience, Lu Qi hurriedly maintained order again.

"Everyone, don't worry. Everyone will have a chance to ask questions, but they have to come one by one. Otherwise, the few people on the stage don't know whose question to answer. Madam, come first."

As he spoke, Lu Qi pointed to Susan.

A staff member walked over and handed Susan a microphone.

Susan hurriedly stepped forward, took the microphone, and asked loudly: "I would like to ask Mr. Larry Page, do you think the valuation of Facebook North America's US$200 billion is reasonable? Is it in Google's interest to use this money to directly develop its own social platform? Everyone knows that Google has no shortage of traffic!"

Her question was echoed by many reporters at the scene.

Indeed, in everyone's opinion, Facebook North America's premium is too high!
20 billion US dollars to get [-]% of the shares, the price is too high.

If it is Citibank or the Walton family, it is understandable. After all, they are not engaged in the Internet industry. If they want to find an ideal investment target, it is normal to pay a premium.

But for Google, Microsoft, especially Google, it is completely unnecessary!

Google has now surpassed Yahoo in the field of search engines, and it can be regarded as having the largest traffic entrance of the Internet in the world.

In this case, why not just build a social platform by yourself, with 100% holding, and it may not need as much as 20 billion U.S. dollars.

Hearing this question, Larry Page showed a wry smile on his face.

Although these journalists in the audience can't be regarded as laymen, after all, they all run the IT line and have a certain understanding of the Internet.

However, they may not understand how difficult it is to achieve the scale and volume of Facebook!

Moreover, if you make your own social platform, you will definitely not be able to enter the field of instant network communication, because there are already two giants, ICQ and MSN.

It can only be a blogging website, that is, to compete with Facebook.

Is that easy?

Just kidding, Facebook already has a whopping 5000 million registered users!

What's even more frightening is that the user activity and stickiness of this website are ridiculously high.

Larry Page and the others are experts on the Internet, and they have done research on Facebook for a long time.

After much discussion within the company, it was dismayed to realize that Google couldn't make a site like this.

If you imitate Facebook, you will likely face legal action from Facebook.

If Facebook is just a small company, then Google may not care, just fight the lawsuit, drag you for a few years, and see who can't hold it first.

But the problem is, Facebook headquarters has billions of dollars in cash!
Richer than Google.

Moreover, the North American IT circle has long understood the Facebook style of doing things.

When Facebook Games first entered North America and opened a new company, it was hit with a big lawsuit.

That team of lawyers...

It fully shows that this is a company that protects its own interests at any cost.

For such a company, no one dares to provoke it.

If you really want to file a lawsuit, let alone win or lose, it is estimated that you will be dragged down first.

Competing and not being able to compete, copying and imitating this road but not daring to go, Google is also very helpless, can only pay to buy shares, and choose to take a ride on Facebook.

Because Larry Page and the others are very optimistic about this social platform, thinking that it will be a more promising Internet model than portal websites.

So when I heard that Facebook North America was going to expand its stock and raise funds, I hurried over here.

As for the price, although it feels a bit high, the other three giants have agreed, so what can they do, they can only bite the bullet and agree.

…………

"Madam, regarding the valuation of Facebook, please believe in the professionalism of our companies. Especially this time, with the addition of Citibank, I believe they will know better than anyone else that Facebook North America Inc. How much is it worth?"

Larry Page said politely that in order to prove that Google's investment was correct, he also deliberately pulled Citibank out as an endorsement.

You may question the decision-makers at Google and overestimate the value of Facebook North America.

However, no one should be able to question Citibank's professionalism in investment evaluation, right?
Even Citigroup paid for the shares, so of course Google did nothing wrong.

Hearing Larry Page mentioned his side, William Rhodes also smiled and said: "Everyone, in fact, there is a very direct reference for the valuation of Facebook North America, and that is Facebook Mainland. Everyone You should know, what is the current market value of Facebook Mainland China? Of course, its market value also includes part of the valuation of Facebook North America.”

With that said, the reporters in the audience fell silent.

The market value of Facebook has reached as high as 400 billion US dollars, this is something everyone knows!

Even if there is 120 billion US dollars, it belongs to the valuation of Facebook North America.

Excluding this part, the market value of Facebook Mainland China is still as high as 280 billion US dollars.

The market that Facebook's mainland company is facing is only a mainland market.

Facebook North America is for the whole world!

(End of this chapter)