My Age of Investment

"Naturally it is the best choice!"

Xia Jingxing turned his head away, looked at the dog and said, "Ignore them completely, no one knows what waves they will make in the campus market?

This unstable factor must be eliminated as soon as possible.

When it comes to acquisitions, the first one is too early, and the second price is not easy to talk about. Facebook itself is still a start-up company, and there is no extra money to buy others. "

The dog nodded, "Okay, then we'll start preparations now and make the high school market a priority."

Xia Jingxing waved his hand, "Go and call Christina in, I'll talk to her."

The puppy left the office, and after a while, Christina came in again.

Xia Jingxing began to chat with Yang Niu about the f club, a competitor who suddenly appeared in the back of Facebook.

Yang Niu takes this seriously, because before this, no competitor has entered the campus market.

For too long of tranquility, Facebook itself has developed a slack mentality, believing that no competitors will come to the campus market to "take food from the tiger's mouth".

The appearance of the f club made Yang Niu a little surprised.

But it was just astonishment.

Because the Facebook of today is not the Facebook of more than a year ago.

With a cash reserve of 60 million US dollars and hundreds of employees, it can be described as a strong army.

The photo social networking sites created by several Harvard students have not even received angel investment yet. With tens of thousands of users, if the other party hadn’t entered Facebook’s private place—the campus market, Yang Niu wouldn’t want to deal with each other at all.

At present, there may be dozens or hundreds of social networking sites large and small in the United States. Large-scale social networking sites such as dating sites have nearly 10 million registered users, and smaller ones have 100,000 or 200,000 users.

The size of the f club is simply not ranked among competitors from all walks of life.

But since the other party has chosen to oppose Facebook, they can only accept the baptism of thunder and rain.

After discussing the countermeasures with Xia Jingxing, Yang Niu quickly began to act.

First, the technical department retrieved Facebook's user distribution map from the database.

Because Facebook is a real-name system, and users need to fill in their school, Facebook knows the penetration rate of each university and high school well.

Facebook has a very high coverage rate in the university market, which has exceeded 60%, close to two-thirds, and the remaining one-third of the market will be completely filled sooner or later.

But in the high school student market, the market share is really not high, less than 10%.

Moreover, this 10% market is not evenly distributed on all continents of the United States, showing a distribution trend of high coverage on the west coast and low coverage on the east coast.

After reading the user distribution map and confirming the crux of the problem, Kristina began to dispatch troops and let the operation department start planning activities and budgets for the East Coast high school market.

In the past, Facebook had no funds and could only advertise in schools by selling t-shirts.

Now that the shotgun has changed, it can also sponsor high schools and universities to engage in sports competitions, debate competitions and other student activities.

…………

…………

Boston area.

At the gate of a high school, several fifteen or sixteen-year-old boys were pushing their bicycles and discussing:

"Did you go to the school debate today? Jocelyn is so cool, she almost cried the stupid big guy on the other side. She is indeed my goddess!"

"What's your goddess? That's everyone's goddess. We've set up a Facebook group for Jocelyn, and a lot of people are talking about Jocelyn."

"If only Jocelyn could come to my birthday party?"

"You send a private message to Jocelyn directly on Facebook, maybe she will get back to you?

In fact, it doesn't matter if she doesn't reply to you, I'll tell you secretly, there are many photos of her on Jocelyn's Facebook account, even swimsuit photos..."

...

The boys didn't even notice that there were three young men in their twenties watching them beside them.

The more the boys chatted, the more hilarious they became,

The faces of the three young men became darker and darker.

Until a few boys pushed the bicycles away, a tall and thin young man with freckles kicked the tree at the school gate, "Damn!"

"Mark, don't be angry!"

A young man wearing glasses looked at the fallen leaves falling from his head and thought to himself how much hatred and how much hatred this is? He quickly persuaded his companion who kicked the tree.

Zuckerberg held his hair in his hands, looking extremely distressed.

"Mark, don't be like this, you are our core, you can't be discouraged.

If you are all discouraged, then the f club is all over! "

The one who persuaded Zuckerberg was another young man who was very clean and well-dressed.

"Eduardo, this is our eighth high school running today!"

Zuckerberg said annoyed, "These high school students are all talking about Facebook, and no one is talking about our f club."

Eduardo Saverin, the well-dressed young man with a clean face, sighed, "There's no way, Facebook has money and tens of millions of dollars, and can sponsor high schools at will.

And we can't, we just registered the company, and the $100,000 I invested in it has already been spent.

Not to mention going to high school to advertise and sponsor their events, we can't even afford to rent servers. "

The young man wearing glasses suggested: "Why don't you accept financing?

As long as we have money, we can also promote our products like Facebook. "

Zuckerberg glared at the young man with glasses, "Dustin, do you know how harsh the financing terms are?

For a million dollars, we want to take 40 of our shares.

This is not angel investing, this is naked robbery! "

Eduardo spread his hands, "Mark, I think we should think about survival.

It is indeed a lot to sell 40 shares all at once.

But without that million dollars, we might have to go out of business next month.

With money, we can do a lot of things, we can sponsor schools, promote our website, recruit employees, and develop more and more complete functions for the f club. "

Zuckerberg was silent.

Personally, he didn't want to accept the terms of the financing that humiliated him.

But the money in the company's account is getting less and less, and Facebook is now burning the fire to the door, which has to make him make an extremely difficult choice.

To survive, or to face.

…………

…………

Inside a cafe on the Harvard campus.

In a suit and leather shoes, and his hair is meticulously combed, George is full of elite style. He smiled and looked at the three Harvard students across the table who were two or three years younger than him.

"How? After thinking about it for so long, do you think my conditions are the best?"

George's arrogant attitude made Zuckerberg very upset, but for the company to survive, he had to bow his head, "Yes, we decided to accept your investment."

Eduardo added, "But there is a precondition that the company must implement ab shares, and the control of F club must be in the hands of our three founders, because we are the ones who know the company best."

George laughed, spread his hands and said, "There is no problem at all. I just want to be an investor and have no interest in the control of F club."

"Okay, then let's settle it!"

Zuckerberg didn’t want to drag it on any longer. Seeing that the other party agreed to the AB share structure, he no longer hesitated.

George saw that Zuckerberg seemed a little reluctant, but it didn't matter, he didn't mind, as long as the equity was in hand, he could say anything.

Ever since he missed the chance to invest in Facebook, he's been looking for social networking sites like crazy.

After looking around, I found the f company.

At first, the other party had a very tough attitude and resolutely did not want his investment.

But now, it is still obediently bowing to capital.

After signing the investment intention agreement, the three founders of f agency left, and George also left the cafe and sat in the newly bought Ferrari sports car.

However, he did not immediately set fire to leave, and seemed to be waiting for someone, glancing out of the car window from time to time.

After a while, Eduardo went and returned.

Sitting in the Ferrari, Eduardo patted the interior, "It's a nice car!"

George smiled and said, "After running the f club well and reaching the ideal goal, I will send you one in half a year."

Eduardo smiled and didn't speak. He was not someone who lacked these three melons and two dates.

George saw the disdain in the other's eyes, but he was not angry, and threw out a bigger bait: "You guys run the f club well, if you can reach one million users within half a year, I will go to Facebook and let them come and merge. you."

Then he compared five fingers, "The acquisition price is at least this amount!"

"Will Facebook agree to buy us?"

Eduardo did not choose to trust the other party, but raised his own doubts.

"If you go in the direction I say, they feel threatened, and they will."

George said with a smile.

As for the investment of the f company, he has already made up his mind. If he can grow independently, it is naturally the best.

If it’s not a big deal, work hard towards the goal of “being acquired by Facebook”.

In this way, his investment is guaranteed to be recovered, and maybe he can also get shares in Facebook.

As for Zuckerberg's "dream", it has something to do with him.

He has witnessed various capital operations with his parents since he was a child, and he has worked at Morgan Stanley for so long, and he is very familiar with these methods.

"Okay, I understand!"

Eduardo nodded. He also had some concerns about whether the f club could grow independently.

So he hit it off with George and reached a consensus.

Both of them threw real money into the f company, so they must think more about the way back.

Entrepreneurial dreams, independent development, etc., can not be eaten.