My Age of Investment

101. Acquisition

After the new office is rented, it still needs a simple decoration and design, so the Facebook company has not moved there yet, and everyone is still working in the original incubation base.

One day, a young white man in his thirties with a full beard knocked on the door of the office and walked in.

"Is this the Facebook company?"

Shen Xinyi, who was at the station near the door, stood up, greeted her with a smile, and acted as the front desk.

"Yes, this is Facebook, sir, who are you looking for?"

Armin Zeffner briefly introduced that he was from Google, wanted to talk to the Facebook management team about cooperation, and handed over a business card.

Shen Xinyi took the business card and looked at it, and saw the other party's suit and leather shoes, dressed in an elite outfit, no doubt he was there, raised her hand, made a "please" gesture, and led the other party towards Xia Jingxing's work station.

"Daren, this is Mr. Geoffner, Google's head of corporate development, and he wants to talk to you about the partnership."

Facebook advocates a free culture and flat management, so colleagues, superiors and subordinates are directly matched by name.

Hearing the words "Google" and "cooperation", Xia Jingxing became a little interested, stood up and looked at Zeffner.

Zeffner smiled, stepped forward, and handed out a business card.

"Hello, Daeron, my name is Amin Geoffner, and this is my business card..."

Xia Jingxing took the business card and glanced at it, smiled and shook hands with the other party.

He didn't know the other party's intentions, but the visitor was a guest, not to mention the famous Google, so he greeted the other party to sit down on the sofa in the corner, and let Shen Xinyi hand over two bottles of mineral water.

Zeffner took the water, said thank you, unscrewed the bottle cap and drank, and glanced around inadvertently.

These small actions naturally fell into Xia Jingxing's eyes, but he did not rush to get to the bottom of it.

After looking at the office, Zeffner said with a smile: "It's hard to believe that Facebook, a social networking site with millions of users, only has a dozen employees.

Judging by their age, many of them should still be students, right? "

Xia Jingxing smiled and said, "Yes, only half of our regular employees are, and the other half are interns. The simpler the company structure, the better the management and the higher the efficiency."

"Hahaha~"

Geoffner burst into laughter, "Daren, you're so right. Our boss often complains that Google's people are getting bloated, and they don't have the flexibility and efficiency they used to be."

Xia Jingxing smiled lightly and did not answer, thinking about the purpose of Zeffuna's visit in his heart.

Zeffner was also very good at observing words and expressions, and with a smile, he began to go straight to the subject.

"I have learned about Facebook in detail. Your website has only been in operation for 10 months since it was launched at the end of August last year, right?"

"Yes!"

Zeffner nodded, "It has achieved 3 million registered users within ten months of operation, which is quite good."

"Daren, are you still a student?"

"It's about to be a sophomore."

Zeffner smiled and said, "I take the liberty to ask, how do you plan for the future of Facebook? For example, an independent listing?"

Xia Jingxing shook his head, "For the time being, I haven't considered that long-term, I just want to increase the number of users first."

Zeffner pondered, "It is undeniable that social networking sites, as an emerging Internet model, are more and more favored and liked by people.

As far as I know, in the last month, dozens of social networking sites have appeared in the market, and a large number of entrepreneurs have targeted this track.

As the number one in the industry, if Facebook wants to maintain its own advantages, I am afraid there is still a fierce battle to fight! "

Xia Jingxing nodded, "Yes, this is unavoidable. Didn't Google beat every opponent in the search engine track to get to where it is today?"

Zeffner smiled and said, "What if Google is willing to help you? Will the odds of winning this competition be better?"

Xia Jingxing suddenly became alert.

Google Helping Facebook?

There is no such thing as a free lunch!

"Hasn't Google been a search engine all the time? What? Also took a fancy to social networking sites?"

Xia Jingxing looked at Zeffner with a smile, as if to see through him.

When Zeffner saw that he had been exposed, his expression was as usual, and he did not feel embarrassed at all.

"Daren, let me just say it bluntly, Google is very bullish on social networking sites, but also very bullish on Facebook.

We are willing to join hands with Facebook to provide users with richer and more diverse Internet services. "

Xia Jingxing understood now.

"Google wants to buy Facebook?"

Zeffner shook his head and said with a smile, "Wrong, it's a merger, you and your team can join the big Google family.

In addition to providing stocks worth 30 million US dollars, we can also provide you with equity incentives based on Facebook's operating performance.

All the treatment, compared to the existing employees of Google, will never treat you badly.

Plus, with the full backing of Google, I think Facebook should emerge victorious from the social wars pretty quickly. "

Xia Jingxing laughed, "Mr. Reid Hoffman gave Facebook a valuation of 100 million a few days ago and was going to invest in us, but we rejected it."

Zeffner's face was slightly surprised, but he quickly calmed down.

"Daren, you need to understand the difference between financing and M\u0026A."

"The financing money goes into the company's account."

"And mergers and acquisitions, is to enter your personal account."

"By accepting mergers and acquisitions, in addition to not taking the risk of starting a business, you can also display your talents on the larger platform of Google."

…………

Zeffner persuaded painstakingly, listing the advantages of accepting mergers and acquisitions and joining Google.

Xia Jingxing waved his hand gently, "Mr. Zeffner, you don't need to say anymore, Facebook will not accept mergers and acquisitions."

"If we are not satisfied with the acquisition price, we can also negotiate."

Zeffner lowered his voice and added: "Google will go public next year. If it accepts mergers and acquisitions, these stocks may be worth at least two or three times their current value by next year."

Xia Jingxing didn't know how much Google's current valuation was, because after 2000, Google did not refinance, but he estimated that it must be above 10 billion US dollars.

Because Yahoo offered $10 billion at the end of last year, while Google rejected the offer.

In addition, when Google goes public next year, its market value is indeed as high as more than 20 billion US dollars, which is more than double its current valuation.

If you sell Facebook to Google now, you won't be able to get a 1% stake.

Even if you talk to Google again and talk about the price up, it will only be 100 million if you die, and you will get at most 1% of Google's shares.

He occupies 70% of Facebook shares, which is 0.7% in Google shares.

In seventeen years, that's $7 billion!

If you think about it, it's really not much.

It's just a fraction of that compared to Xiao Mazi's $100 billion net worth.

But he is not American, and it is almost impossible to control Facebook like Xiao Mazi.

There has been no obvious resistance yet, also because Facebook is not dazzling enough.

Seeing Xia Jingxing's face thinking, Zeffner thought that the other party was tempted, and continued: "Facebook's current team is not large, and they are all relatively young, experience is a big shortcoming of yours.

Next, the competition in the social field will definitely become more and more fierce.

Can you guarantee that Facebook will maintain its current advantage and not fall behind?

Trust me, Darren, choose Google and you won't regret it.

At the same time, you can also take this opportunity to become the richest student at Stanford, a self-made multimillionaire.

You can live in a luxury house, drive a luxury car, travel around the world, go on vacation…”

Ordinary young people are likely to be persuaded by the "simple and unpretentious" life described by Zeffner.

But Xia Jingxing's heart was as firm as a rock.

He couldn't guarantee that the Facebook he founded would be successful, because, as Zeffner said, challengers were constantly emerging.

However, he is more willing to gamble that the Facebook he founded will be the final winner.

Winning all the way, Facebook’s valuation, and even its market value, will definitely get higher and higher, and the benefits he can get are far beyond the present.

Even if he fails, he still has a way out, the NetEase shares in the stock market.

After thinking about this, he no longer hesitated, "I'm sorry, I will not sell the company."

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like