Age of Dreams

U.S., California, Palo Alto.

Speaking of the city of Palo Alto, perhaps not many people know, but when it comes to Stanford University, more people certainly know.

The city of Palo Alto is where Stanford University is located, and in the past few years, another company that people can worship has entered—.

From the small apps that were popular among high school students and college students, to today's valuation of 35 billion U.S. dollars, it has already created a history.

Many people are speculating that if they want to go public, the valuation should be at least 100 billion US dollars.

When it went public that year, the valuation was only more than 20 billion yuan, a gap of more than four times.

Especially its founder Mark Zuckerberg, who is only 25 years old this year, which is even more crazy.

In this world, if there is no Xiao Qi, then Zuckerberg is the most dazzling one in the starry sky.

This is true. Zuckerberg is still so respected as the pride of Americans. 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.

According to Zuckerberg's 38% stake calculation, his current assets are 13.3 billion US dollars, if it is listed, this asset can continue to double growth.

With assets that most people in the world can't expect in their lives, Zuckerberg has no happiness during this time.

the reason is simple.

The rapid expansion has encountered a severe financial crisis. Not to mention the need for more money for expansion, there is also the danger of breaking the capital chain in hand.

Of course. In a practical sense, there is no shortage of money.

Because the largest shareholder-President Tang Mingxiang, who owns 40% of the shares, is a super rich woman in her hand, holding at least 10 billion US dollars in cash flow, so that countless entrepreneurs who need investment are rushing forward to ask for packages. x, but it seems that she doesn't have many companies, so she bought a tagged website recently.

But if replaced. Zuckerberg believed that Tang Mingxiang would definitely be willing to help.

It’s not that Tang Mingxiang is not good. In fact, Zuckerberg likes Tang Mingxiang’s collaborator very much, because she has done what she said, and 40% of the voting rights of the shares are all given to her for use. Even the company’s annual meeting is used on weekdays. If you don't participate, it's the equivalent of throwing your hands off the shopkeeper.

Such investors are Zuckerberg's favorite.

But Tang Mingxiang already controls 40% of the shares. If she is allowed to participate in the shares, it will reach more than 50%. Even though she had previously signed an agreement to abstain from voting rights, since her total shares have exceeded 50%, it is in full compliance with the holding requirements of US law. If Tang Mingxiang was in trouble at that time and wanted to completely control it, even Zuckerberg owned it. The secondary structure of stocks, facing this situation, I am afraid it is also very troublesome.

So Zuckerberg did not want Tang Mingxiang to pay. Even when there is really no alternative in the end, he will only want Tang Mingxiang to increase his investment by 5%.

Or simply issue additional stocks again. Even if Tang Mingxiang wants to invest in equity expansion, it can only dilute the shares.

For this matter, York, who is in charge of financing, has been a headache for these two months.

Zuckerberg's requirements are very demanding, not only secret contact. Try not to let the outside world know that the most important requirement is the amount of funds to be incorporated, and it must be invested by large companies, and then the rights and interests given to them are very small, which makes many powerful angel investment companies hesitate.

Although everyone knows well. But investment is for profit.

If you invest so much and get so little return, it is 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, Zuckerberg can do whatever he wants. What if he ignores the interests of these investors, sells shares at a low price, or breaks down?

But let them give up, but they are too reluctant.

This kind of entangled mentality of investors, coupled with Zuckerberg's more entangled mentality, makes financing even more tortuous.

Yesterday, a friend introduced a dst investment fund company to York. He saw that dst has many investments in the electronic technology industry, and it is considered a well-known investment fund, so York also decided to meet the president.

Milner entered York's room without despising him because he was only in his twenties, with a trademark kind smile on his face, "Mr. York, this is Yuri Milner, hello."

"Hello!" York smiled and asked him to sit down. "Mr. Milner, I think you have heard before you come. We don't lack funds, but we welcome every investor. Attitude, so I am willing to listen to your thoughts."

No shortage of funds?

Milner chuckled secretly.

It is no secret in the upper-level structure of the limelight world to quietly search for large investment companies.

But in order to take care of the face, Milner smiled and nodded, pretending not to know, "That's it, I am very optimistic about the future, and I also admire Mr. Zuckerberg's talents. And it happened to be in my hands. I have an investment and want to invest in a company worth investing in, so I will give it a try to see if there is an opportunity for cooperation."

"Oh, how much do you plan to invest, and what do you hope to obtain? You can talk about the rights and interests." York smiled. In fact, he was not very interested in this Russian guy in his heart.

"I have a new fund from the world's richest people. The funds are very abundant." Milner said peacefully. "If possible, I hope to invest 5 billion dollars in and become a member."

"Five billion...what!?" York repeated it, but he was taken aback, his eyes widened: "5 billion U.S. dollars!?"

Although Americans are very rich, it is now during the financial crisis. Goldman Sachs, Green Pine and other super-big men who can spend 2 billion US dollars are all super-big men, such as Goldman Sachs, Green Pine, and so on. Why suddenly a Russian pops up, and he understates and wants to vote 50. Billion dollars?

Not kidding! ?

"5 billion U.S. dollars, if you are willing to accept it, the funds will be available within three days." Milner was very satisfied with York's shock.

"You...what do you want?" York swallowed his saliva and became serious.

"Regardless of whether you are selling shares or raising shares, I hope to get shares equal to the market value." Milner said, "Besides, I have no interest in the operation of the company, nor will I Participating in the operation of the company will not care about how you use it. In a word, I will not exercise shareholder rights, I only need to enjoy value-added and dividends."

"You come with me!"

York stood up quickly, his face flushed with excitement, "Let's go see the president!"

To meet such a "fool" is simply an investment tailored to Zuckerberg's requirements!

Milner also stood up and smiled slightly: "Thank you!"

…

After a while, in the reception room, Zuckerberg listened carefully to what York and Milner were talking about, and his slightly cold eyes could not help but pass a trace of expression.

"The valuation of 35 billion U.S. dollars is far from being applicable to the current one. I think it can be even higher." Zuckerberg said, "But since your sincerity, Mr. Milner, is so sufficient, I think using the 40 billion valuation It’s more appropriate to invest in equity expansion. After the expansion, the 12.5% ​​of the shares will belong to you. What do you think?"

"To be honest, this valuation is a bit higher for me and my investors." Milner shook his head. Although he wants to invest, he still has to fight for: "If you can use With a valuation of 38 billion U.S. dollars to expand the stock, I can invest 5 billion U.S. dollars. But if it is a 40 billion valuation, I am afraid I can only invest 4 billion U.S. dollars."

With 5 billion US dollars from Xiao Qi, Milner's investment plan has also been flexibly changed.

Xiao Qi's complete decentralization also allowed Milner to deal with investment more responsively.

After a pause, seeing Zuckerberg want to speak, Milner threw his blockbuster again: "Mr. Zuckerberg. We can promise you that the shares we buy will be three days after the listing. Within the year, we will sell all of them 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. U U Reading www.uukanshu.com

If such an agreement is signed, then after three years, they will sell shares on the stock market, and the shares will definitely be bought by many people. Then the shares will be further dispersed, and the company will have one less major shareholder, thus giving their own power. More concentrated.

Give money eagerly, without any attempt to gain power, just want to make money. Such investors are more popular than Miss Tang Mingxiang!

As a hero, Zuckerberg had a decision in an instant: "If what you say now can be written into the contract, then we welcome dst to invest 4 billion US dollars to join this big family!"

Milner laughed and stretched out his hand: "I wish we have a happy cooperation!"

"Happy cooperation!"

As Zuckerberg shook hands with him, he laughed haha.

This is really exciting financing news! (To be continued...)