Rebirth, you call this an honest man?

Generally, before an IPO, a company must undergo a shareholding reform. Through the reform and reorganization of business, governance structure, finance, etc., the entire process of changing the organizational form of the company into a joint-stock company. Companies that adopt public issuance of stocks for financing must

It has the organizational form of a joint-stock company, so shareholding reform is a preliminary preparation that must be carried out before listing.

Therefore, many companies honor their employees' equity incentives and distribute equity to employees when they go public for IPO. When a company changes to a joint-stock system, there is a limit on the number of shareholders, which cannot be less than 3-500 shareholders.

There are also companies that adjust their shareholding structure, changing the same shares and equal rights to a two-tier structure of AB shares, and there are even three-tier structures.

Wang Heng ostensibly gave 49% of the voting rights to Zach, suspending Zach's plan to control Facebook through shareholding reform.

Of course, this is temporary. If Facebook goes public without share reform, if these shareholders sell their shares, the voting rights promised to Zach will be invalid.

Then capital can easily acquire Facebook from the public stock market,

Wang Heng naturally understands this issue. Wang Heng’s original intention was to change Facebook into a public company without actual controllers. His original intention was contrary to Zach. As long as Zach doesn’t move, he won’t move either.

Zack wants share reform,

Then Wang Heng directly used his trump card to subvert Zach's power and directly kicked Zach out of Facebook's management.

He kept Lin Wenying in the beautiful country. The first purpose was to monitor Zach's share reform, and the second was to win over a small shareholder. In addition to Zach, Lin Wenying, the other shareholders, could win over any one of them, and Wang Heng could immediately control it.

Facebook.

Because Wang Heng was afraid that the extras would reveal their flaws, he refused Zach's celebration party.

While Zach was having a carnival with Facebook people,

Wang Heng and Lin Wenying were settling the final payment for temporary workers. After sending away the last person, they did not go to Facebook, but went directly back to the hotel to discuss the matter.

Wang Heng was eager to raise money for Facebook and mortgaged his equity. His domestic company was in some turmoil, so he had to return to China as soon as possible.

Otherwise, if there is a problem with his domestic career, he will have no choice but to learn counterfeit medicine and stay in the beautiful country. Every once in a while, he will say, "I will go back to the country tomorrow."

"Wenwen, the purpose of your stay in Beautiful Country is to gain a foothold on Facebook. Once the time is right, you will seize Zack's management rights.

"Yeah." Wang Heng brainwashed Lin Wenying over and over again these days, and she was used to it.

"The profit models of Facebook include the following. Write them down and bring them up to Zack at the appropriate time.'

Equity in Facebook’s employee equity pool is awarded to employees who have made significant contributions to the company.

Although Lin Wenying is stationed at Facebook on behalf of Wang Heng, she is also an official Facebook employee. Lin Wenying naturally has a work visa and has suspended her studies in China.

The president of a general technology company, after working normally for a few years, will receive a part of the equity without any accident.

For example, Zhang Yong of the Pirate Group, Feng Lei paid to protect... and so on.

In addition, there is the awesome Ms. Dong. She only had 500 shares before she became vice chairman, and she bought them herself with her salary.

Then she worked as an executive for nearly 20 years. With bit by bit accumulation and equity rewards, Ms. Dong has a net worth of nearly 7 billion. Ms. Dong earns hundreds of millions and spends them as she pleases. How is she like a villain like Lao Liu?

You can only be sneaky and hide your head.

His company was already part of the Qianyi Group more than ten years ago. Lao Liu has controlled the company for more than ten years, and his control is not comparable to that of a migrant worker like Miss Dong. He has actual control.

In the end, his net worth was not as good as Miss Dong's, not even one-tenth, and only less than 500 million. Is this an insult to other people's intelligence? Or is Lao Liu treating everyone as a fool?

Because Lin Wenying had the support of several shareholders, she joined Facebook as a financial director.

In addition, Wang Heng revealed Facebook's subsequent development decisions in advance. If the operation is done well, she can even get more equity rewards than Zach.

Wang Heng actually doesn’t understand Facebook at all. He has never registered for Facebook in his previous life, but he has read such novels and explanations and knows that Facebook is actually a combination of Weibo and WeChat;

“The biggest source of revenue for Facebook is advertising revenue, which Zack is already doing, let’s not mention it for now.

Second, the source of income is to collect application commissions. When a website advertises on Facebook, it will naturally leave a download link. Facebook can then charge commissions based on the number of downloads from users.’

"Third, game sharing can be used to develop a game section on Facebook in the future. Developers can put games in the Facebook game section for users to enjoy, and Facebook will collect the game recharge share.'

The last item Wang Heng didn’t mention is the WeChat mini program. WeChat will charge money for any user who enters the application through the mini program to make purchases.

This cannot be developed until smartphones come out, and there are also payment applications.

Facebook initially issued virtual currency transactions, and it was not until 2019 that it began to use WeChat for payment functions.

These two will definitely not be used until Lin Wenying becomes the president of Facebook.

In addition, Lin Wenying being the president of Facebook does not mean that Facebook is a foreign company.

Because no one actually controls Facebook, the president is just a senior part-time worker, and she is responsible to the board of directors.

Then look at the board members of Facebook. The number of foreign shareholders and the number of shares held is greater than that of Chinese people. This means that Facebook is a foreign company.

Take the Pirate Group for example. The founder of Pirates passed away, and the AB shareholding structure became invalid. The Pirate Group became a company without actual controllers and was controlled by capital.

Most of the shares of the Pirate Group are in the hands of foreigners, so the Pirate Group has become a foreign company.

The same goes for another Internet giant. The ab shareholding structure can only guarantee the power of contemporary founders. When a company succeeds for decades or hundreds of years, the founders will all die.

These listed companies will basically become companies with no actual controllers and dominated by capital.

“The ultimate goal of Facebook is to have more than half of the world’s people register to use it, and its market value target is US$150 billion when it goes public.

When you achieve this step, you will be the most famous woman in the world, and these will eventually be passed down to our children, who will be the richest people in the world and the richest second generation in the world."

Lin Wenying asked Wang Heng to draw a cake for her. She was fascinated by it. Her whole mind was in the fantasy space described by Wang Heng. Wang Heng was working hard while painting the cake for her.

"My queen, you should sit on it.

Wang Heng's waist couldn't stand it any longer. Maybe it was to compensate Lin Wenying for being overworked and overworked by staying alone in the beautiful country.

These days, Wang Heng is flirting with Lin Wenying all the time, saying sweet words from time to time, and then the two of them spend most of their time in the beautiful country in the room,

Wang Heng also spent all his energy on this. Lin Wenying, who is a forbidden type, when the two get along well,

Lin Wenying has always had only two positions, either lying on her back or lying on her side facing each other.

Of course, this was also when Wang Hengneng was exercising. Looking at Lin Wenying’s face made her feel even more.

So I have never tried other positions.

And the lady who has the most feelings,

Because Lin Wenying couldn't let go, Wang Heng never got what he wanted.

But this time, Lin Wenying was completely attracted by the great commercial empire described by Wang Heng.

No need to be helped up by Wang Heng, and then he started to shake after listening to Wang Heng's words.

Then Wang Heng surrendered after not being able to hold on for half an hour.

At this time, Lin Wenying realized in hindsight, what had she done? But she looked at Wang Heng, who seemed very comfortable, thoughtfully.

If Lin Wenying wants to stay in a beautiful country, she definitely can’t stay in a hotel every day.

Although Wang Heng spent 7.5 billion to invest in Facebook, a skinny camel is bigger than a horse. Buying a villa for Lin Wenying near Facebook is not a big problem;

Wang Heng spent US$1 million on a small villa of more than 200 square meters.

This happened to be the peak period of real estate in Beautiful Country. After the financial crisis in 2008, his villa was not even worth US$500,000 in 2009.

Of course, Wang Heng is not a real estate speculator, so he doesn’t care about the depreciation of the house.

Then he hired two female bodyguards for Lin Wenying. After all, there were gun battles every day. The words "Free America" ​​were no joke. It gave citizens the greatest freedom, and naturally gave criminals the greatest freedom to commit crimes.

Before Wang Heng left the beautiful country, he had one last detailed conversation with Zach. Wang Heng said,

"Zach, your beautiful country is a very powerful country, so Facebook should not be limited to beautiful country.'

"Oh, OK." Because Wang Heng brought a group of people to raise funds to save Facebook, Zach still respected Wang Heng.

“Having a capital of US$1 billion is enough for your expansion, so in the early stage of Facebook, it should not be about research and development, but expansion, rapid expansion, accelerated expansion, and all energy and funds should be used for expansion. There is no need to develop any technology.

.'

"Yeah." Zach nodded in approval.

"The most important thing about a social network is two things. First, sociability, and Facebook has already satisfied this. Then, users, when all of a person's relatives and friends and his entire circle of contacts are on Facebook.

, he won’t be able to leave Facebook.”

"Yes." Zach also knew that, so Facebook in the parallel world had not developed any advanced technology until 2019, and it finally learned how to make payments.

“When Facebook has 100 million users, how much do you need to charge for an advertisement? When Facebook has 1 billion users, how much will it cost? How much should Facebook be worth by then, 10 billion or 100 billion?

?So I said that Facebook is a great invention, and our mission is to recommend it to people all over the world, rather than continue to immerse ourselves in research and development."

"When we have 1 billion users, we will do everything right and right. We will add some small inventions when they are useful and discard them when they are not.

You have to know that we are such a big platform and we value their technology by using their technology, so asking Facebook to spend a lot of money to research and develop new products is not as good as directly acquiring ready-made and mature products, which is equivalent to programmers from all over the world working for us."

Wang Heng's fallacies made Zach nod his head repeatedly. Zach was not a gentleman in the first place. He even stole Facebook's ideas from others. Now that he heard Wang Heng's words, it was simply too much for him.

It's like meeting a close friend.

"Wang, I know all this. I want to know how to let people all over the world use our Facebook. Now many users are opposed to our Facebook being open to everyone.

Zach asked distressedly. In September 2006, the number of Facebook users had grown to about 10 million. Zach made a major decision, which was to open it to everyone.

Originally, Zach wanted to attract more users so that it would be easier to sell to Yahoo. However, due to user complaints, Yahoo lowered the price. If Wang Heng hadn't intervened halfway, Zach wouldn't have known how to get through this difficulty!

Wang Heng relied on Lin Wenying's inability to translate his foul language and cursed,

"Zach, are you SB? How many college students can there be? Facebook only has 10 million users now. Even if there are 5 million users clamoring to log out, ignore them. Anyway, their classmates are all on Facebook and want to log out of Facebook.

Shuwang is fine, he needs everyone to accompany him to log out, otherwise he will have to come back obediently in a few days.'

Wang Heng paused here and then said

"Don't worry about the students' anger now. Let's do this. You have a Facebook beauty pageant. The first place will be given $5 million. The second place will be given $2 million, the third place will be $1 million, the fourth place will be $500,000, and the fifth place will be given $500,000.

400,000, the sixth place is 300,000, the seventh place is 200,000, and the eighth place is 100,000. We don’t care about any of their methods of canvassing votes. We only look at the number of votes from registered users. We will make the whole beautiful country restless."

Facebook did have a beauty pageant, but it was on campus and there were no actual rewards. Although it played a big role in the early days of Facebook

But compared to this kind of national beauty pageant with high bonuses, it is definitely not on the same level. Now Facebook has a lot of money and spends 10 million US dollars to attract new users, and it doesn't even care.

Zach was very excited after hearing Wang Heng's words. He was the first to use this beauty pageant. Unexpectedly, Wang Heng also thought of this. Now he wants to say that no one understands him better than Wang Heng.

Wang Heng saw Zach jumping up and was not as excited as him. This kind of suggestion was not worth mentioning to him. What he said next was inhumanity.

"Zach, the American beauty pageant is only in its early stages. Next, there will be beauty pageants on Facebook in Asia, Africa, North America, South America, and Europe.

The prize money for first place is the same as that of Beautiful Country, which is US$5 million. During the American beauty pageant, the world beauty pageant began to be promoted.

Start with the continent branch first. Which continent reaches 50 million Facebook users first? Let’s start from that continent.

In the end, the top three from five continents, a total of 15 contestants, came to compete for Miss World, and only the top three were determined. The first winner, Miss World, received a prize of US$50 million, the second runner-up received US$20 million, and the third runner-up received US$10 million.

So in the next two years, as long as we do a good job in the beauty pageant, any other social software will have no choice but to follow us."

Wang Heng’s kind of operation cannot be learned by other social software even if they want to, and it would cost at least 500 million US dollars!

You must know that 99% of large multinational companies did not have a capital reserve of US$500 million in 2006, let alone a new social network.ps:

Sorry, it has been reviewed again. It has been revised.