Chapter 2479 An investment that cannot be refused
United States, California, Para Alto.
When it comes to the city of Paraatu, perhaps not many people know about it, but when it comes to Stanford University, more people definitely know about it.
The city of Palatu is where Stanford University is located, and in the past few years, another company that people can worship has settled in faebook.
From a small application that was popular among high school students and college students, to today's valuation of 35 billion US dollars, Fae Book has created a history.
Many people are speculating that if Fae Book is to be listed on the IPO, the valuation should reach at least 100 billion US dollars.
When Google went public that year, its IPO valuation was only over 20 billion, a gap of more than four times.
Especially its founder Mark Zuckerberg is only 25 years old this year, which is even more crazy.
In this world, without Xiao Qi, Zuckerberg would be the most dazzling one in the starry sky.
Even so, as the pride of Americans, Zuckerberg is still so respected. Although he has made many mistakes, although he is so stubborn and even paranoid, his great success is enough to cover up many shortcomings.
Let him become the idol of countless people.
Calculated based on Zuckerberg’s 38% stake in Faebo OK, his current assets are US$13.3 billion. If it is listed, this ↖et asset can continue to double.
With assets that most people in the world could never dream of in their lifetime, Zuckerberg was not very happy during this period.
The reason is simple.
The fast-expanding fae wave encountered a serious financial crisis. Not only did expansion require more money, but the capital chain in hand was also in danger of breaking.
Of course. In a practical sense, fae wave OK will not be short of money.
Because the largest shareholder of Fae Book, Tang Mingxiang, the president of Chose Girl, who owns 40% of the shares, is a super rich woman in her own right, with at least 10 billion US dollars in cash flow, attracting countless entrepreneurs who need investment.
She came forward to ask for a package x, but it seemed that she didn't like many companies, so she just bought a tagged website recently.
But if it were replaced by fae waves, Zuckerberg believes that Tang Mingxiang would definitely be willing to help.
It's not that Tang Mingxiang is not good. In fact, Zuckerberg likes Tang Mingxiang very much as a collaborator, because she does what she says, and all 40% of the voting rights of the shares are given to herself. On weekdays, she even attends the company's annual meeting.
Not participating is completely equivalent to turning away the shopkeeper.
This kind of investor is Zuckerberg’s favorite.
But Tang Mingxiang already controls 40% of Fae Bo OK's shares. If she is allowed to participate in the shares again, it will reach more than 50%. Even though she has signed an agreement to give up voting rights before, because her total shares have exceeded 50%
, fully complies with the holding requirements of U.S. law. If Tang Mingxiang launches an attack at that time and wants to completely control Fae Book, even if Zuckerberg owns stocks with a secondary structure, it will probably be a huge headache to face this situation.
Therefore, Zuckerberg does not want Tang Mingxiang to contribute money. Even if there is no other way out in the end, he will only want Tang Mingxiang to increase his investment by 5%.
Or simply issue additional shares again. If Tang Mingxiang wants to invest in additional shares, it will only dilute the shares.
Because of this matter, Faebo OK's CFO York, who is responsible for financing, has been having a headache for the past two months.
Zuckerberg's requirements are very demanding. Not only does he require secret contacts, but he also requires that the outside world know as little as possible. The most important requirement is to bring in a lot of funds. He also requires that large companies invest, and the rights given to them are very small.
This makes many powerful angel investment companies hesitate.
Although everyone knows that fae waves are OK, investment is for profit.
If you invest so much and get so little in return, it will be difficult to explain to investors.
Not only the increase in share prices, but also the rights and interests involved in the company's operations are very important.
Otherwise, what if Zuckerberg does whatever he wants, ignores the interests of these investors, sells shares at a low price, or destroys the fae wave OK?
But asking them to give up fae waves is OK, but they are too reluctant to do so.
This kind of tangled mentality of investors, coupled with Zuckerberg's even more tangled mentality, makes financing even more tortuous.
Yesterday, a friend introduced York to an investment fund company called DST. Seeing that DST has many investments in the electronic technology industry and is considered a well-known investment fund, York also decided to meet the president.
Milner entered York's room. He did not look down upon York because he was only in his twenties. He showed his signature kind smile and said, "Mr. York, I am Yuri Milner. Hello."
"Hello!" York smiled and asked him to sit down, "Mr. Milner, I think you have heard before coming here. We have no shortage of funds for Fae Bo OK, but we have a very different attitude towards every investor."
I have a welcoming attitude, so I’m willing to hear your thoughts.”
Not short of funds?
Milner chuckled to himself.
It is no longer a secret within the upper-level structure of the limelight industry that Faebook is quietly looking for large investment companies.
However, in order to take care of faebook's face, Milner still smiled and nodded, pretending not to know, "That's right, I am very optimistic about the future of faebook, and I also appreciate Mr. Zuckerberg's intelligence and talent.
.And I happen to have an investment in my hand and want to invest in a company worth investing in, so I came to faebook to give it a try and see if there are any opportunities for cooperation."
"Oh, how much do you plan to invest and what do you hope to get? You can tell me about the rights and other things." York smiled, but in fact he was not very interested in this Russian guy.
"I have a new fund from the world's richest people, and the funds are very abundant." Milner said calmly, "If possible, I hope to invest 5 billion US dollars in it and become a member of fae wave ok."
"Five billion...what!?" York repeated, and then he was suddenly startled and his eyes widened: "Five billion US dollars!?"
Although Americans are very rich, we are in the financial crisis now. The only ones who can spend 2 billion US dollars are Goldman Sachs, Green Pine and other super giants. How come a Russian suddenly appeared and casually offered to invest 500 million US dollars in one breath?
Billion dollars?
No joke!?
"Five billion US dollars, if you are willing to accept it, the funds can be received within three days." Milner was very satisfied with York's shock.
"You...what do you want?" York swallowed and became serious.
"Whether you are selling shares or expanding and financing, I hope to get shares equal to the market price valuation." Milner said, "Other than that, I have no interest in the company's operations and will not
When I participate in the company's operations, I don't care how you use it. In a word, I will not exercise the rights and interests of shareholders, I only need to enjoy the value-added and dividends."
"You come with me!!"
York stood up suddenly, his face turned red with excitement, "Let's go see the president!!"
To actually meet such a "fool" is an investment tailor-made for Zuckerberg's requirements!
Milner also stood up and smiled slightly: "Thank you!"
…
A moment later, in the reception room, Zuckerberg listened carefully to the words of York and Milner, and his slightly cold eyes could not help but flicker with a look.
"The valuation of 35 billion US dollars is far from suitable for the current fae wave. I think it can be higher." Zuckerberg said, "But Mr. Milner, since your sincerity is so sufficient, I think 40 billion will be used."
A valuation of US dollars is more suitable for stock expansion financing. After the stock expansion, 12.5% of the shares will belong to you, what do you think?"
"To be honest, this kind of valuation is a bit high for me and my investors." Milner shook his head. Although he wanted to invest in fae wave, he still had to fight for what he should fight for: "If
You can use a valuation of US$38 billion to expand stock financing, and I can invest US$5 billion. But if it is a valuation of US$40 billion, I’m afraid I can only invest US$4 billion.”
After receiving US$5 billion from Xiao Qi, Milner's investment plan also changed flexibly.
Xiao Qi's complete delegation of power will also allow Milner to handle investments more adaptively.
After a pause, seeing that Zuckerberg wanted to speak, Milner dropped his bombshell again: "Mr. Zuckerberg, we can promise you that the shares we purchased will be listed on fae wave okipo
Within the next three years, we will sell everything and we will not occupy the position of major shareholder for a long time. We just want to make money, not to compete with you for power."
Zuckerberg's eyes lit up.
If such an agreement is signed, then three years later, if they sell their shares on the stock market, the shares will definitely be purchased by many people, which will further disperse the shares and reduce one major shareholder in the company, thus reducing their power.
More concentrated.
Investors who eagerly give away money without any intention of gaining power, just want to make money, are more popular than Miss Tang Mingxiang!
As a tycoon, Zuckerberg made an instant decision: "If what you say now can be written into the contract, then we welcome dst to invest 4 billion US dollars and join the big family of faebook!"
Milner laughed and stretched out his hand: "I wish us a happy cooperation!"
“A pleasure to work with!”
Zuckerberg shook hands with him and laughed.
Chapter completed!