Reborn 2005: The Internet Myth
Chapter 26 Meta Formal Split
May 25, the large conference room of the Monroe Hotel.
Wang Zheng and Cheryl were sitting at the front, behind them was the blue LOGO projected by the projector: Meta!
As the time came to 3 p.m., both sides of the long table were filled with representatives from investment institutions.
Eighteen families.
This is the result of a careful selection process. You must know that there are more than fifty people with investment intentions.
Wang Zheng cleared his throat and said with a smile: "I am Justin Fehr, the founder and president of Meta. Welcome everyone to Menlo Park, and thank you for your support of Meta."
"Everyone who comes here must have some understanding of Meta. But I hope that through data, everyone can have a more comprehensive understanding of the Meta community."
Wang Zheng started the ppt, and the first page showed 18 million, two months later, and the growth curve was extremely exaggerated.
Second page, 7 million pieces of content, two months.
The third page, 9 million US dollars, a month. It is also a cliff-like growth curve.
"After seeing this, everyone should have a clearer understanding of the Meta community." Wang Zheng stood up, straightened his suit, raised a finger and shook his head: "But this is not enough!"
"Do you think this is what Meta is all about? A social platform with a profit model? It allows everyone to post pictures or videos and do a few ads to earn some advertising fees?"
"no."
Wang Zheng put the PPT on the next page and displayed a line of words: Global Traffic Value Platform.
“The Meta community has developed twenty-six languages and will soon enter European, Asian and American countries. We will adopt a unified model to bring this service to the world, giving everyone the opportunity to earn money through their creativity.
to advertising fees.”
"Meta will break the boundaries of traditional advertising, television? Stars? No, Meta can create its own stars."
"As we all know, the Internet is rapidly spreading, and the number of Internet users can double every year! The existence of Meta can fully reflect the value of the enterprise, the value of content and the value of traffic, forming a virtuous cycle."
Wang Zheng spread his hands: "You know, when Meta carries the hope of the majority of the people, they will not let it fall. But this is not all of Meta."
Turn the PPT to the next page, Global Commodity Circulation Platform.
"I believe you know that with the expansion of the network, e-commerce is becoming more and more popular. Meta will also join this feast to bring better and excellent services to enterprises and users."
"Every company needs to advertise its own products, but even Meta cannot directly monetize the traffic brought by advertising."
"But, the future will be different. We will invite manufacturers to directly enter the Meta mall to display their products. Are you afraid that the advertising effect will be poor and the conversion rate will not be high? It doesn't matter. You can place orders and pay directly from the creator's cooperative promotion content!
"
"Everyone, think about it." Wang Zheng pointed to his head and showed a playful smile: "Meta community, is it still just the SNS community you know?"
"No!" Wang Zheng said forcefully: "Meta will become a part of human life!"
There was silence in the conference room. Everyone was moved by Wang Zheng's passionate speech and indulged in the scene Wang Zheng described.
How much money can you make by riding a horse?
It wasn't until Cheryl stood up and started applauding that these hungry wolves from Wall Street reacted and stood up and applauded wildly.
At this moment, the king is like an emperor, enjoying the worship of his people.
Financing is definitely necessary, but how to raise it and how much money to raise, it is Wang Zheng who has the final say. And his concept is a complete dimensionality reduction blow for 2006!
Pressing his hands, Wang Zheng sat back on his seat and said with a smile: "I know you are all elites in the investment community. But I need you to go back and tell your boss that this financing is limited to Meta community business. At the same time, only
10% of the financing share will be released.”
"I will choose four of you. If you want to catch the Meta train, modify your quotations as soon as possible! Next Monday, I hope we can discuss the price here."
The first financing meeting ended successfully, and after all the representatives from the investment institutions left, Wang Zheng took off his glasses and rubbed his eyebrows, looked at Sheryl and asked: "Shirley, how is the split of Meta going?
"
Cheryl nodded: "It will be over soon. It's not complicated. But Meta's office environment must be changed. We are now severely understaffed and have too much overtime."
"I'm considering using the existing office as Meta's development center, and the administrative department will find another building to move into."
Wang Zheng naturally would not object to such a plan, and said with a smile: "Thank you for your hard work, Shirley. After Meta is divested, I will allocate 2% of the options to the management, and the exercise time is 8 years. You personally 0.5%, and the remaining 1.5%
%You draw up a list for me. I am not a stingy person, and I hope we can grow together."
Cheryl is of course very happy that her boss is willing to issue options. Although her annual salary is high enough, she still needs a bigger "cake" to bind her to Meta.
Cheryl runs Meta herself, so of course she knows its value. The current value of a 0.5% share is at least around five million US dollars, which is quite a lot.
There are really not many bosses with such a conscience in the American League.
"Thank you, Justin. Meta is a very charming company, and so are you. I hope I can retire at Meta."
Of course Wang Zheng hopes that she can retire. It is so difficult to find such a good tool.
As long as the first financing is successful, he will be able to cash out a lot of money - he has given Meta pre-authorization of many patents through the Irish company, and the amount of money for this thing is not something he can just fill in.
But splitting will also bring a disadvantage, that is, you have to find another tool person to run the remaining business.
Especially for WeChat, Wang Zheng has a very long-term plan for this business, and it must be run by someone reliable enough.
But the reality is that he doesn't know much about the business leaders in Midland, and only a few will be famous in the future. They all have their own companies, and they can't poach them.
So the matter will eventually fall to a headhunting agency, and a whole group of senior executives will have to be hired, which is a big headache just thinking about it.
Let the headhunter worry about this. Wang was walking out of the hotel and Catherine was already waiting for him.
He also has to go to Palo Alto to attend a business party hosted by Crowdfunding Network.
This website has been developing very well recently. In one month, seven or eight successful products were successfully crowdfunded.
Of course, most people cannot see that there are more examples of failure, and there are also considerable risks of fraud.
Elizabeth Holmes is full of expectations for the success of the crowdfunding network. Taking advantage of the successful crowdfunding of her own Ceanos blood testing company, the overwhelming reports have brought this company into the attention of capital smoothly.
So tonight's party was held, with the theme of Crowdfunding Network. Through her connections, she invited many celebrities from academia and capital circles to come. It was said to be a celebration, and it also had the purpose of getting these people to endorse Crowdfunding Network and expand it again.
visibility purpose.
As the founder, of course Wang Zheng must attend, and he is still the largest shareholder.
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