My Age of Investment

???? "Would you like to give Nicky and George a call?"

???? After Old John and Andrew left, Kristina suggested in a low voice.

???? "What? You still need to contact that idiot?"

???? The puppy was a little displeased. He didn't have a good impression of that George.

???? Some time ago, he heard that George came to the door and wanted to buy the shares of their company at a low price, and his impression of this young man was even worse.

???? "We just sent an invitation letter politely. It's up to him to participate or not, just do our etiquette."

???? Kristina, like Puppy, actually doesn't have a good impression of George or even Nicky.

???? It's just that she is a more cautious and mature person, and she doesn't want to create a few more enemies out of thin air, and they are all enemies of extraordinary family background.

???? Xia Jingxing knew that Kristina was well-intentioned, but how can things go as expected!

????"you send it!"

???? He smiled and said to the babes, "It's just that most of them will be rejected. George, according to my simple judgment, is a person who is arrogant at heart, but not stupid.

???? His father was a financial tycoon, and he grew up in that kind of family environment.

???? A big investment bank like Morgan Stanley is only on the surface, and it does a lot of bad things behind the scenes. As long as it has interests, it is a common thing to sell junk bonds and stocks to customers.

???? George took a fancy to Facebook, why didn't he want to invest in us through normal channels? But to take over the equity we transferred?

???? Either he doesn't have enough money at his disposal, or he just wants to engage in a speculative act to get Facebook shares at a low price.

???? You tell him now that if the valuation is less than $300 million, don't make an offer. He will only take your kindness as a humiliation to him.

???? Maybe because of this jealousy on us, it is very possible. "

???? Kristina hesitated, thinking about what Xia Jingxing said, don't say it, it really makes sense.

???? She turned her head to look at Xia Jingxing and asked the latter's opinion: "Is that not going to be posted?"

???? "It doesn't really matter whether you post it or not. If you don't post it, he might think we underestimate him."

???? Xia Jingxing's face is indifferent?? He is not afraid of a few more enemies.

???? In business, where is it possible not to offend people.

????…………

????…………

????Finally?? The babes still sent an email to George.

???? As expected by Xia Jingxing? After receiving the email, George's face turned ashen?? He cursed: "Fake, what kind of rubbish?? A few poor students have tossed around for a year to create a website?? Valuation Dare to ask for $300 million.

???? Below this figure, it cannot be shortlisted for the second round of financing negotiations. "

???? "George, what's the matter with you? Calm down."

???? Nicky and her "new best friend" Sherlock Holmes were drinking afternoon tea, when they saw her boyfriend furious at the computer?? Hurry up and persuade.

????George was not in the mood to explain?? pointed to the computer and let Nicky see it for himself.

???? "Facebook is valued at $300 million?"

???? After reading the email, Nikki was stunned, this is absolutely an astronomical amount, even if she has a Senator father?? It must not be said that it is a small amount.

???? George sneered again and again, "This is the valuation they boast about?? I don't recognize it anyway.

continue reading! But, the people at Facebook are really crazy about money.

???? I want to see?? They have such a high valuation, and how many VCs dare to take such a big risk to invest in them. "

???? "I read the media reports?? Didn't the number of Facebook users exceed 10 million? It is the No. 1 social networking site in the world!"

???? Holmes took a sip of coffee?? said lightly.

????There are outsiders here??George is not easy to attack, so he restrained his emotions and pretended to be knowledgeable and said: "Venture capitalists are not fools, the pain caused by the Internet bubble has just passed.

???? No one's money comes from strong winds, and venture capitalists will definitely consider many aspects when investing in projects.

???? The founders of Facebook are too self-confident.

???? The asking price starts from 300 million US dollars, huh~

???? If the financing fails, I see how they end up.

???? Also, their competitors are only temporarily behind.

???? If Facebook's financing does not go well, I think the counterattack of these competitors will make this social battle more exciting. "

???? Nicky frowned, "You mean Facebook's financing will fail? Then there will be a lot of negative effects?"

???? George nodded, "In the Internet battlefield, financing is also a competitive strategy. Financing faster and raising more funds than opponents is all adding weight to the balance of victory for one's own side."

???? "If the financing doesn't go well, wouldn't they just lower the valuation?"

???? Nicky's question opened up new ideas for George.

???? If Facebook's financing is not smooth, is there a chance for me to pick it up?

???? Thinking of this, he calmed down and sent Kristina an email back.

???? To the effect: He first said that he could not accept the offer, and apologized for the refusal, and wished Facebook a complete success in financing.

???? If there is an opportunity in the future, he hoped that the two sides can cooperate.

???? There is not a trace of hostility in the whole email, just like an old friend feels embarrassed for rejecting a friend, the words are sincere and the truth is revealed everywhere.

???? When George was writing the email, Nicky went to the bathroom halfway, and Holmes began to introduce his blood testing company.

???? Sherlock Holmes did not directly ask for investment, but his meaning was also expressed very clearly.

???? George pretended not to understand, "I'm a little tired today, why don't you come to my room to talk at night!"

???? Speaking, George also handed Holmes a room card.

???? Sherlock Holmes glanced at George and accepted the room card naturally.

???? After a while, Nikki came back from the bathroom, and the three continued to laugh.

????…………

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???? Facebook Inc.

???? Kristina, Xia Jingxing and Xiao Dog are taking stock of the emails replied by various investment institutions.

????? 300 million US dollars, just represents the entry threshold, not the final valuation of Facebook.

???? This quotation threshold directly excludes 80% of investment institutions that intend to invest in Facebook.

???? So most of the replies to Facebook's emails are all expressions of regret and looking forward to the next cooperation.

???? On the contrary, George replied to an email, and his words were sincere, and he did not carry a gun or a stick at all, which surprised Xia Jingxing and the three.

???? "Boss, is there any fraud here?

continue reading! "

???? The puppy didn't believe that George would speak so gently, and he kindly wished Facebook's financing to be successful.

???? This is definitely not the tone of that second ancestor!

???? There is a conspiracy!

???? There is definitely a big conspiracy!

???? "Even if I understand your IQ, I can't understand it?"

???? Xia Jingxing was a little funny, the puppy's words and actions were always so hilarious.

???? Kristina did not speak, and continued to read the emails replied by various institutions.

???? "After reading it all, a total of thirty-seven institutions, all rejected us!"

???? Kristina put down the mouse, turned her head, and looked at Xia Jingxing and the dog with an unsightly expression.

???? "All rejected!"

???? The puppy was still teasing each other with Xia Jingxing just now, but now he can't laugh at all.

???? He turned his head to look at Xia Jingxing and asked, "Boss, did we screw up this time?

???? Our last round of financing was a valuation of 5 million US dollars, and now it has jumped directly to 300 million US dollars, a full 60 times! "

???? Xia Jingxing frowned, he was also a little surprised, shouldn't it be like this?

???? Where is the problem?

????? 300 million US dollars, it sounds a lot at first glance, but it's actually not bad.

???? After more than ten years, several AI scientists have gathered together, and the project has not yet started to develop, just one idea, and the angel round valuation is this amount.

???? But at the moment, the A round with a valuation of 300 million US dollars is still relatively rare.

???? Xiaomazi's Facebook raised $12.7 million in Series A financing at the time, with a post-money valuation of $99.7 million and a pre-money valuation of $87 million.

???? But at the time of the A round of Xiaomazirong, there were no 10 million users, and it just took five months to break through 1 million users.

???? Another data for his reference is MySpace Juyou.com.

???? When the other party sold itself to News Corporation, there were 17.7 million monthly active users at that time, the transaction price was 580 million US dollars, and the value of one user was less than 33 US dollars.

???? But the data is dead. When financing, the industry leadership, business model, revenue, profitability, etc. must be taken into consideration.

???? "Hey, that's not right!"

???? Kristina made a sound and woke Xia Jingxing out of her thoughts.

???? he asked: "What's wrong?"