My Age of Investment

After the deal was concluded, Microsoft quickly formed a due diligence team, and it took a month to conduct all-round due diligence on Facebook and YouTube.

At the beginning of June, the two parties formally signed the investment agreement and began to deliver the equity investment.

After the news media received the news, they surrounded Facebook like a shark smelling blood, with three floors inside and three floors outside.

The downstairs, corridors, and parking lot of the entire company building are full of reporters.

Xia Jingxing has always kept a low profile and rarely accepts interviews with reporters. The purpose is to downplay his identity as the Chinese founder as much as possible.

But at this moment, he could hardly keep a low profile any longer. The eyes of the entire Silicon Valley, the entire United States, and even the world were all on this small company with just over 300 employees.

In the evening, the employees of Facebook packed their things at their workstations and started to leave work on time.

The hard overtime work that lasted for more than a month finally came to an end as Facebook continued to recruit more employees.

They can now enjoy a normal vacation too!

Employees walked through the wall of reporters in the hallway, complaining that the reporters were crazy and feeling a sense of pride.

In the entire Silicon Valley, their Facebook is the most well-deserved star company.

Previously, that title belonged to Google, but now, it's clear that Facebook is the coolest company in all of Silicon Valley.

On Facebook, Youtube, and major online forums, there are almost a mountain of posts, videos, and blogs discussing their company.

Among them, the most popular one is "Facebook employees worked overtime for one and a half months in a row."

Some netizens said that this does not respect human rights, does not respect labor laws, and violates human nature.

But it was quickly slapped in the face.

In order to refute the company's rumors, countless Facebook employees recorded videos and published blogs, telling about their happy life for more than a month.

The employees said that Facebook made them feel like they were at home, and they were willing to fight for it even if they worked overtime for more than a year, let alone over a month!

Some netizens feel that these Facebook employees have been brainwashed and have begun to fall into a kind of religious fanaticism, and Xia Jingxing is the leader of the cult.

There are many such denominations in the United States.

So this seemingly absurd point of view has won the support of many people.

At the same time, Xia Jingxing, as the boss, also took the lead and moved the workstation to the open office area, working and commuting together with the employees.

Youtube even released several videos showing Xia Jingxing code live.

The speed of the hand has made countless netizens applaud.

Voluntary overtime, humanized management, employee cohesion, religious fanaticism, etc., have all become hot topics on Facebook.

And as Facebook was revealed to have received huge financing, with a valuation of tens of billions of dollars, the discussion on Facebook has reached its climax.

Netizens are discussing it hotly on the Internet, and reporters have blocked the door with long guns and short cannons, all wanting to get first-hand information.

In the corridor, seeing Facebook employees pouring out, the reporters did not embarrass these ordinary employees, and spontaneously made way for a passage.

But with the appearance of Xia Jingxing and Yang Niu, this passage was quickly closed again.

Countless reporters scrambled forward, eager to put the microphone into Xia Jingxing's mouth.

"Darren, there are rumors that Facebook has received $500 million from Microsoft. Is this true?"

"Daren, I heard that Facebook is valued at 20 billion dollars!"

"Dai Lun, the outside world is saying that you have become the richest man in China!"

"Daeron..."

...

The chattering reporters kept jumping up, and were stopped by Zhang Chenguang.

The scene was extremely noisy and extremely chaotic.

Xia Jingxing also felt a headache when he saw it. It was his mistake that he didn't choose to hold a press conference immediately.

"Everyone, listen to me!"

Xia Jingxing clapped his hands and waited for the scene to calm down before continuing: "First of all, please don't disturb our employees' normal commute to and from get off work.

Secondly, everyone has a lot of questions, and I can't answer them all in a while.

Finally, please attend the press conference three days later, and we will respond to all questions.

Now, everyone, please make a way out. "

Xia Jingxing turned his head and pointed to the rows of employees behind him, "Everyone is still waiting to get off work!"

After finishing speaking, Xia Jingxing ignored the reporter's persuasion, and let Zhang Chenguang go forward to clear the way. He and the foreign girl followed closely behind, and fled quickly.

The reporters chased all the way, from the corridor to the downstairs, and then to the parking lot, until they saw Xia Jingxing, Yang Niu, and Zhang Chenguang got into a BMW 5 Series, and the car completely disappeared into the traffic, and then they sighed beside the road.

"The company is valued at tens of billions of dollars, and it still drives a second-hand BMW 5 Series. It's really too frugal."

"How do you know it's a second-hand BMW?"

"I just took a look at this car. It was produced in 2000. At that time, Darren hadn't even studied in the United States!"

"Dude, you understand it carefully enough!"

...

A group of reporters chattered over there, and because they didn't interview Xia Jingxing, that second-hand BMW made headlines the next day.

Although it is not as close to the people as the Honda Fit, in the eyes of many people, it is still too low-key, and the car is seriously inconsistent with its worth.

…………

…………

Three days later, Facebook held a press conference as agreed.

Hundreds of reporters came to the scene, setting up all kinds of guns and short cannons, aiming at Xia Jingxing and old man Gates sitting on the stage.

After the press conference started, Xia Jingxing, as the founder of Facebook, took the lead in accepting questions from reporters.

"Daren, can you tell us the size of Facebook's Series B round? And what's the post-money valuation?"

Xia Jingxing replied: "The scale of financing is 250 million U.S. dollars, all invested by Microsoft, and Facebook's post-investment valuation is 10.25 billion U.S. dollars."

The audience immediately exploded. Although it is not as exaggerated as the tens of billions of dollars rumored by the outside world, it is still very much.

In particular, Facebook is only a company less than three years old.

The reporter continued to ask: "So, Facebook's valuation is not as exaggerated as the tens of billions of dollars that the outside world said? Isn't the financing scale of 500 million U.S. dollars that has been rumored?"

Xia Jingxing replied: "Yes, I held a press conference this time, isn't it just to tell everyone the real facts?

Please don't speculate and don't listen to some rumors. "

A different reporter asked: "Daren, it is said that a Russian investment institution named DST participated in Facebook's B round of financing? And invested hundreds of millions of dollars. Is this true?"

It is rumored that Facebook has received an investment of 500 million US dollars. In fact, it is not groundless, but someone has included the 200 million US dollars of DST.

If it's just for publicity and momentum, Facebook can also publicize that it has received nearly 500 million US dollars in investment.

However, the identity of DST is sensitive. Although there are some American capitals, most of them are Russian capitals.

Therefore, in order to prevent getting into trouble, Xia Jingxing made up his mind long ago to exclude DST.

He smiled faintly, "DST did not invest in Facebook, and Axel, our Series A investor, transferred two points of equity to them.

Therefore, although DST is a shareholder of Facebook, it is not a round B investor of Facebook. "

The reporters in the audience heard this and finally figured it out.

Diligent reporters, with their fingers flying on the laptop keyboard, delivered the news as quickly as possible.

The other reporters continued to ask a few more questions, and Xia Jingxing answered them one by one, basically removing all the fog covering Facebook.

At Xia Jingxing's place, the reporters were satisfied, and began to ask old man Gates again.

"Mr. Gates, do you think Facebook is worth 10 billion US dollars? Many people in the outside world say that Microsoft has been taken advantage of once."

The reporter continued to pick things up on a daily basis.

The old man Gates didn't fall for it, and smiled and said: "Whether it's worth it or not, they don't count, and you and I don't count, it counts when the time says it."

The reporters knew that Lao Yin was not easy to deal with, so they finally became honest and started asking questions normally.

"Mr. Gates, after you become a director of Facebook, will you pass on your successful experience to Darren?"

The old man Gates said with a smile: "Daren is the best young man I have ever met, so you can't use the word "teaching". It should be to learn from each other, communicate with each other, and work together for the development of Facebook!"

The old man Gates was full of witty words, and a good press conference almost brought Xia Jingxing to the sky.

txt download address:

phone-reading: