Start with hooves

Talking to smart people saves money.

There is no need for Suri to explain to Mark Zuckerberg that for projects such as cryptocurrency exchanges and online taxi-hailing, as long as you imagine the future business prospects, you can instantly see the difficulties in the incubation process.

The difficulty in starting a cryptocurrency exchange is that those virtual currencies are not yet legal, and they need to obtain the consent of Washington to bring them under supervision before they have a chance to be given the green light.

Otherwise, you will definitely encounter huge resistance due to reasons such as money laundering and bypassing the supervision of the Federal Taxation Office.

The difficulty of starting an online taxi-hailing business is that it requires burning a huge amount of capital in the early stage, and it will definitely trigger resistance among taxi drivers in various cities. It is easy to be embattled on all sides and run the risk of being "blocked."

In short, both businesses need support from Washington.

There are too many places for Suri to make money, and he is too lazy to step into the quagmire himself. For example, taxi-hailing platforms and food delivery platforms can be established in the mainland. It is expected to provide tens of millions of job opportunities, and the support can be imagined.

In his opinion, since starting a business in Silicon Valley, you will inevitably have to share the cake with others in the end. It is better to be simple and direct. You only need to ensure that you get your own share of the profits, and the rest of the troubles can be left to Mark Zuckerberg. Grid to deal with.

Given Facebook's size and influence, it would be easier to deal with many problems. Moreover, Zuckerberg himself is Jewish, and the allies around him can provide strong support.

Unlike Suri, who has offended countless traditional media, once someone catches the topic, it is easy to drown in saliva, and in the end, half the result will be achieved with half the effort.

Listen to Xiao Zha ask yourself how to cooperate.

Su Rui told in a calm tone:
"I only hold 20% of the shares, but I need to get priority financing rights to ensure that the shareholding ratio will not be reduced. In addition to providing funds, I will also be able to give you some other help at that time, such as from TikTok, Tweet, Netflix Entertainment, etc. The platform attracts traffic.”

Mark Zuckerberg felt that this request was not excessive and asked: "In both companies, each holds 20% of the shares?"

"Yes, when we start external financing, it is best to involve Caishen Capital and gain support from private equity investors. This will be very beneficial to these two companies."

As soon as Suri finished speaking, Mark Zuckerberg nodded and told: "It's a very reasonable request. I will find someone to research the market and give you an answer."

Don’t worry too much about Xiao Zha not following the rules and taking away the creativity to go it alone.

Once Suri is offended by this, it's hard to say who is more unlucky in the end. There is already enough money between the two of them, so there is no need to be completely shameless just because of this benefit.

Taking a step back and looking at it, what if Mark Zuckerberg didn't follow the rules?

Then when the time comes, Tweet, TikTok and other products will try their best to seize the market and compress Facebook's living space. It will be very reasonable and both parties will lose room for buffering.

Actually.

Xiao Zha is also very interested in TikTok, and he has even taken the initiative to talk about participating in TikTok’s angel round financing before, so Suri came to his house to have a meal when he first came to Silicon Valley.

I can only say that Xiao Zha was quite rude.

He actually only invited Suri to eat spaghetti. If he had known that he was going to eat this kind of thing, he might as well have bought hot dogs or hamburgers with some bread on the street.

With pasta and red wine in the glass, even if Suri is not the type of person who loves red wine, he feels that this bottle of Romanee-Conti, produced in 1999, is a bit of a waste.

Suri waved his hand and said to Mark Zuckerberg:
"There is no need to conduct research. The sooner we lay out the business, the better. We will directly acquire several start-up companies and conduct trial operations as soon as possible after completing the integration to seize the market first."

"If it is not a good project, I will not mention it to you at all. They are all very helpful in raising Facebook's stock price." "For example, the taxi-hailing platform can be trial-operated in San Francisco, Los Angeles and other places in California. After completing the test, , make plans for large-scale popularization, and at the same time enter the European market as soon as possible.”

Mark Zuckerberg listened very carefully and quietly made important points in his mind.

He naturally understands Suri's recent situation. In many private circles, many people have been dissatisfied with Suri for a long time and often complain about it.

Because of their private friendship, Mark Zuckerberg always used Suri as a shareholder of Facebook as an excuse to refuse to openly start a war with him. Now it seems that helping to bear the pressure is paying off.

Judging from the results during the conversation, he felt that Suri had clearly planned the project.

As for why he didn’t start his own business and win these two new tracks, the reason is probably similar to the email, group buying, online shopping, office document, and chat group projects that Xiao Zha tried and failed. He will always face great resistance.

If Silicon Valley giants want to develop cross-border development, the safest way is to directly acquire an existing company instead of directly spending money to start a business. If they easily touch the interests of others, they will be treated as spoilers and considered to be disrupting the market order and causing problems. There is resistance from all sides. Mark Zuckerberg is young and energetic. He has hit the wall many times and wasted a lot of money.

A group of Silicon Valley giants have carved up market share, and the entrepreneurial environment in Silicon Valley has long been unfavorable for innovative products.

Many good startups have been killed in various ways.

Suri was able to break out of the siege mainly because he opened up new tracks, such as Netflix Entertainment and S Electric Vehicle Company, which were once unpopular fields that were not taken seriously.

Tweet, on the other hand, was successfully controlled by Suri through spending money to acquire it, and there was no taboo.

As for cryptocurrency exchanges and online taxi-hailing projects, they are also new fields that have just begun to emerge. Before other giants have begun to pay attention, Facebook has the opportunity to seize the opportunity.

Considering that Suri is still in Facebook and holds about 7% of the shares, this means that once they start a business together, he will hold about 25.6% of the original equity in the new company.

Mark Zuckerberg believes that with him sharing the risks, the proposal will be easier to accept by other Facebook shareholders, so he has chosen to acquiesce for the time being. As for the final result, negotiations will continue.

Different from Suri.

Mark Zuckerberg’s private life is relatively boring.

After dinner, Suri invited him to sit at the bar, but Xiao Zha politely declined. The reason was that when he appeared in public, he would inevitably be disturbed by countless people, so it was better to finish his work at home.

Still staying at the Rosewood Hotel in Silicon Valley.

After Suri lay on the bed, she pondered for a while before posting on her Facebook and Tweet accounts respectively, writing
——“People always say that Steve Jobs’ greatest achievement was the launch of the legendary iPhone.

But I think his most eye-catching achievement is the development of macOS and iOS operating systems. Whether personal computers or mobile phones, etc., they are based on them to create a closed and perfect ecological chain, thereby creating astonishing wealth.

His spirit of technological innovation has always deeply inspired me. In my opinion, Apple has the opportunity to become the first technology company in history with a market value exceeding one trillion US dollars. Unfortunately, Jobs could not see that day with his own eyes. "

Because he was not sure, Su Rui also Googled it and found that the first company in history with a market value of over one trillion US dollars was PetroChina in 2007, so he added the word "technology".

However, PetroChina's trillion-dollar market value only stayed there for a short time, and then continued to plummet. Until now, there are still countless leeks stuck. (End of Chapter)