My Age of Investment

Blink of an eye time came to the end of December 2003.

Nicholas used Sky to call Xia Jingxing over the Internet, and he said happily on the phone:

"Daren, I have good news for you, Scape's Series A financing has been negotiated initially, with a post-investment valuation of $72 million, raising $18 million, diluting 25% of the equity.

You said last time that you wanted to maintain an 8% stake, so of the $18 million in funding, you had to co-invest $1.44 million. "

Xia Jingxing responded very readily, "It's no problem, I will let my lawyer Andrew fly to Tallinn to handle this matter."

"Daren, aren't you surprised? Our products have been launched for less than three months, and we started a round of financing, and the amount is still 18 million US dollars, hahaha~"

Nicholas's smug laughter came from the other end of the phone. In fact, this dude has been suppressed for a long time. He has encountered various setbacks in starting a business, and he has also been involved in various lawsuits. It is rare to raise his eyebrows once.

Xia Jingxing understood this quite well, and he didn't have the heart to attack the other party. Lao Tzu invested three times your capital, and the diluted equity was less than half of yours, and he wasn't as handsome as you.

So I had to echo: "Yes, while I am surprised, I am also sincerely happy for you.

Compared with the angel round of financing, the valuation has increased by a dozen times, which is really exciting.

Congratulations, my friends, the telecommunications companies will tremble under your strong expansion..."

Hearing that Xia Jingxing put a bunch of rainbow farts, Nicholas smiled with satisfaction, chatted a few more words, and hung up the phone.

Skype has also received a Series A financing!

This made Xia Jingxing think carefully about the financing of Facebook. At present, the financing has not been officially received, and it is not suitable for publicity all over the world. Otherwise, a financing press conference will be held, which will completely start the signboard of Facebook's "first sns website".

The press conference is currently being held, and if something goes wrong in the middle, it will be funny.

Start-up companies are generally clamoring all over the world after the money is in the account.

The outside media is suspicious. Didn't Facebook say that it will sign an investment intention agreement with Axel soon? Why is there no post again?

When the media came to try to interview Facebook and Axel, both sides kept silent and did not comment on the matter.

Sequoia Capital, Defengjie, and Kleiner Perkins know some inside information? But the industry also has unspoken rules, and after all, the three of them lost? It’s not a glorious thing? So the three of them didn’t shout everywhere.

Just like that, after a commotion? The social field fell into silence again.

…………

…………

"Oh, it's Christmas Eve tomorrow? But I can't go home!"

Kristina walked into Xia Jingxing's office? She looked at the latter with grief.

Christmas is the Spring Festival for Americans? It is also a public holiday. According to regulations, all American companies must take a day and a half off on the afternoon of the 24th and the whole day on the 25th.

In some large enterprises, it is not surprising that employees take annual leave for a week or half a month.

But Facebook is just a start-up company, and there are not so many people to rotate, so it can only take a day and a half off.

Xia Jingxing was very considerate, "How about I give you a few more days off? You will return to the company in January."

Yang Niu immediately shook her head, "No need? I still have to do due diligence with the people from Axel, and I've already spoken to my family on the phone and said I won't go back."

she again

continue reading! Glancing at Xia Jingxing, he smiled and said, "Last time I said that I would invite you and the puppy to spend Christmas at my ranch. Now we can only change the time."

"Do you still remember?"

Xia Jingxing laughed dumbly, "Let's wait for the next time, let's finish this job first."

"By the way, let the administrative department buy some Christmas gifts and decorations, decorate the company, and send a Christmas gift to every employee."

Do as the locals do,

Xia Jingxing didn't like Christmas, but after all, there were many American employees in the company, so he had to take care of their feelings.

Yang Niu nodded, "Okay, I'll make arrangements now."

The little dog was about to enter Xia Jingxing's office, when he saw the dog and the man being flirting, he had to cough at the door before he pretended to walk in.

"Little dog, what's the matter?" Xia Jingxing asked.

The little dog had a happy look on his face, "Boss, it's a big happy event!"

"Don't hide it, let it go!"

The puppy straightened his body and reported, "The dating network has collapsed!"

"Break?"

Kristina was also surprised to hear the news, and hurriedly asked what happened to the puppy.

The dog laughed and drove Xia Jingxing away from the boss chair, sat down by himself, experienced one, patted this, patted that, "This chair is really good!"

"Is it itchy skin again?"

Xia Jingxing raised his slap and made a gesture to strike.

The little dog raised his hand to protect his head, and quickly begged for mercy, "Boss, if you have something to say, don't do it, I'll show you right away."

After being trained for a while, the puppy finally became honest, and operated the computer to visit the web page of the dating network.

"What's the matter? Why can't it be loaded?"

Kristina saw that the puppy couldn't log in to the homepage of the dating network for a long time, and it showed that the login failed for a while, and it showed that it was loading.

"You'll find out in a while."

The puppy pretended to have a mysterious smile, but did not reveal the mystery.

The puppy tried several times and finally logged in.

Kristina estimated, not counting the few times that the login failed, the successful login this time took more than 20 seconds to load the webpage.

So she asked, "Why is their website so slow? Is there something technically wrong?"

The dog nodded, gloating on his face: "Yes, there is a problem with their structure and cannot support so many users' access."

"Shouldn't be, their skills are so bad?" Yang Niu looked puzzled.

"Technology is not a big problem at all, mainly because their website operation strategy is also problematic."

Speaking of this, the little dog gave Xia Jingxing a thumbs up, "It's still my boss who is very good and saw their problems very early."

Yang Niu didn't come from a technical background. After joining Facebook, she made up for it, but she was still a wild way. She didn't know much, so she quickly asked the deep-seated reasons behind the collapse of the puppy dating network.

"They have too many users in Asia, almost half of their total users.

And the website architecture they originally designed was not so comprehensive.

American users visit during the day, and Asian users visit at night, I think the programmers of the dating network should be about to collapse..."

After listening to the little dog's explanation, Yang Niu looked at Xia Jingxing and asked with a hint of surprise in her surprise, "Daren, how did you expect it? The prophecy has become a reality, this is too amazing!"

"Oh, I said it earlier, they will end sooner or later, but you don't believe it.

continue reading! Especially John, the stubborn old man, who always felt like we were screwed. "

Xia Jingxing had no choice, it was impossible to say that he was unpredictable, so he could only squeeze his chin and act hard.

It's a pity that there is no three-foot green beard on the lower jaw, and the effect of pretending is a little worse.

"Boss, I don't believe it!"

The puppy raised his chest, "I have unconditional trust in you, you said that the dating network will collapse sooner or later, I have been staring at it a few months ago.

No, as soon as it broke down, I ran to report to you as soon as possible.

Maybe I found out before the programmers behind them. "

Yang Niu's smile almost overflowed, "If that's the case, that's great!

Our Series A financing is about to be completed, and the competitors have played themselves to death, and there is no obstacle standing in front of us. "

The puppy nodded in agreement.

Like Yang Niu, he feels that the social track has been left to Facebook.

Xia Jingxing never cared too much about dating websites, because this was the originator of social networking in the original time and space, and it had flaws from the day it was born.

Juyou.com, myspace and Facebook, were established by learning from the experience and lessons of the failure of dating sites, and naturally avoided some pitfalls.

Especially Facebook, the last of the three was born and avoided the most pits.

The one who ran fast in front had already swept all the landmines, and Facebook walked leisurely behind, picking up the biggest fruit of victory for the social networking site.

The pits avoided here mainly refer to development strategy and product design.

Therefore, Xia Jingxing has never been in a hurry to expand internationally, because the higher he jumps, the worse he falls!

Thinking that Juyou.com was still vulgarly developing, Xia Jingxing reminded again, "Don't be careless because of this! Keep a normal mind."

Kristina misunderstood what Xia Jingxing meant.

She thought about it too, Juyou.com has not completely collapsed, and it is true that the opponent cannot be given a chance to correct their mistakes and regroup because of carelessness.

A trace of ruthlessness flashed in her eyes, and she asked the dog, "Can their website system be redesigned?"

"Redesign?"

The puppy laughed, "According to their current size, it will take at least a few months to redesign a system and replace it!"

"A few months."

Yang Niu pondered carefully, and she felt that a few months was not too short, enough for the dating network to suffer, maybe more than half of the users would be lost.

Xia Jingxing smiled, for a few months, it was too much to overestimate that group of people.

He clearly knew that in the end, Dating.com redesigned a system, and how long did it take?

A full year.

In this life, perhaps because the enemy, Facebook, is watching, the entrepreneurial team of Dating.com has felt the pressure and can be more diligent?

Xia Jingxing felt that he should take advantage of his illness to kill him, and was about to give an order.

Being preempted by Yang Niu, she looked at Xia Jingxing with bright eyes: "Let's launch our plan C immediately!"