My Age of Investment

Chapter 1619 It’s a matter of course

“Darren, Spiegel turned down our investment and decided to work with Lightspeed Venture Partners.”

Just after returning to Silicon Valley from New York overnight, Xia Jingxing received bad news. The cooked duck actually flew away, which made him feel very bad.

Holding the phone in hand, he asked the bangs on the other end of the phone seriously: "Have you figured out the reason? Did Lightspeed Venture Capital offer a higher bargaining chip than us? Is there any room for redemption?"

“That’s not true! On the contrary, the conditions we offer are the most generous.

There is no room for recovery. Lightspeed Venture Capital has already signed the contract and made the payment, as if we are afraid that we will interfere again. "

Hearing this, Xia Jingxing became even more depressed and complained loudly: "Did that kid get kicked in the head by a donkey? We are all alumni of Stanford, and I am still his senior, so I can provide him with unimaginable resources and connections. , why choose Lightspeed Venture Capital?”

“I have a vague idea of ​​the reason, so don’t be angry!”

Liu Hai paused for a moment, and seeing that Xia Jingxing didn't react much, he analyzed again: "I guess that kid Spiegel is a little jealous of you, or maybe he's jealous of the Facebook behind you.

 What he makes is a "burn after reading" photo sharing application, which can also be regarded as a social software and has some functional overlap with Ins.

 In addition, Ins accepted your investment before, but was later acquired by Facebook, so..."

Xia Jingxing understood that Spiegel was afraid that he would infiltrate his company through investment and follow the example of Ins and acquire the Snapchat app that he and his friends worked hard to develop.

 Am I that terrible?

Smiling and shaking his head, Xia Jingxing replied: "Okay, since you regard me as a villain, then I will become a villain completely! Find a way to kill him!"

 “Who are you going to kill?”

After taking a shower, Kristina, wrapped in a towel, had just walked out of the bathroom when she heard Xia Jingxing's harsh words.

Looking at Kristina who appeared with a blush on her face, Xia Jingxing instantly lost interest in discussing the matter with Liu Hai, hung up the phone in a hurry, and hugged Kristina eagerly before going to bed.

 “Why are you so anxious! You haven’t answered my question yet, 嘤咛～”

 Ignoring Kristina's struggle to welcome her, Xia Jingxing disarmed her in three strokes, starting today's storm.

 An hour later, the rain stopped.

Christina, who was dripping with sweat, rested her head on Xia Jingxing's chest and told him about the pressure she had been under recently.

“The data of Facebook Messenger still cannot catch up with WhatsApp, what can you do?”

 “Of course!”

 “Great, what can I do?”

“It’s very simple. If you acquire WhatsApp, you won’t have to worry about it.”

“I considered it, but Koum and Acton said the company was not for sale.”

"cut!"

Xia Jingxing sneered, "If there's anything that's not for sale, it's because your price isn't high enough."

“Even if I offer a high price, the board of directors will not agree.”

Christina had a sad look on her face, and then she seemed to have remembered something, and punched Xia Jingxing in the chest, "Are you trying to trick me on purpose to sell WhatsApp at a high price?"

“No way, it’s unfair! I’m just a humble investor in WhatsApp with no voice.”

 “The humble investor who has no voice and accounts for nearly half of the equity?”

Looking at Kristina’s sly eyes, Xia Jingxing could only confide: “The time for acquisition is not yet mature, and Facebook’s board of directors has not felt enough threat.

 If I push this forward now, they will just think I am profiting from it. You know, for an investor, letting others profit easily is tantamount to admitting that your skills are inferior to others, and few people can accept this. "

Kristina nodded lightly and admitted that Xia Jingxing's analysis was correct. The people on the board of directors just didn't want to pay a high price to acquire WhatsApp. They still wanted to develop their own Facebook messenger to get a ticket to the mobile Internet era. idea.

As everyone knows, none of this can escape the calculation of the man in front of him.

Well, you’re not willing to pay a high price right now, are you? In another year and a half, a zero will be added to the end of the check issued.

In fact, for Xia Jingxing, he holds more shares in WhatsApp than in Facebook, and he would like these short-sighted shareholders to interfere with it. Anyway, what these people do will not harm his interests, and will only make WhatsApp sell more. It’s expensive, why not?

“By the way, who did you just say you were going to kill?”

Christina did not forget this incident and asked Xia Jingxing again. The latter had no choice but to tell the story exactly.

 “Burn after reading!”

Christina's eyes suddenly lit up, her attention was focused on this keyword, and she immediately asked: "Do you think this is a brand new social direction?"

“Well, it has some potential, at least young people in their teens and twenties will definitely like it.

 The usage scenario is nothing more than adding friends, sending each other a photo to see how “compatible” they are, and then deciding whether to go on a date.

 Cool and convenient, isn't it? And you don’t have to worry about the other party saving indecent photos, because the photos will be automatically destroyed after viewing them. "

Christina listened carefully. Xia Jingxing's control over the development direction of social networks has always been beyond her reach, so she respected his opinions.

“What do you think about us making a self-destructing software?”

Xia Jingxing smiled and nodded, "Okay, but you must be careful not to make the same mistake again and capsize in the gutter again."

Christina knew that the other party was making fun of Facebook's own products that could not catch up with WhatsApp. She felt a little angry and said harshly: "This time we will not fail again."

"Li Flag dies quickly, and it doesn't matter whether he can beat Salabu, because the piece of cake is very small. The best thing is to manage Facebook, Twitter, Voice of America, Android, and Motorola Mobility in Facebook's product matrix well." important."

 Speaking of this, Xia Jingxing paused and said with a smile: "I almost forgot to congratulate you for successfully acquiring Motorola Mobility."

"Don't mention it. The board of directors has strong objections to my acquisition of Motorola Mobility."

Christina said with an unhappy face: “Because of Google’s interference, we ended up paying a 50% premium to buy Motorola Mobility.

　　Including the $24 billion spent to acquire Android, we paid a total of $37.5 billion in these two acquisitions, which is equivalent to one-fifth of Facebook’s market value. "

Xia Jingxing could understand her worries. He smiled and patted Kristina on the shoulder, "Don't worry, no matter how much they criticize you now, they will slap you in the face in the future. Time will prove your wise decision."

“In short, in the past year or two, Facebook will not dare to make any acquisition plans easily.

If we push it forcefully, I'm afraid the shareholders' saliva will drown me. "

Christina glanced at Xia Jingxing and saw that his expression was normal, then she continued: "So, the plan to acquire the oil pipeline needs to be postponed again."

"It doesn't matter. It might be more beneficial to both of us to acquire the oil pipeline later."

“You must never show this in front of other shareholders. Although they know it in their hearts, they are just unhappy.”

“Don’t worry, we Chinese must know more about decency than you Americans.”

In the middle of the night, the two of them discussed the future arrangements for Facebook, YouTube and other industries. After discussing and discussing, they found that there was no need to make any more arrangements, everything would fall into place.

 (End of this chapter)