Reborn 2005: The Internet Myth

Cheryl unfolded the note in her hand and said: "Goldman Sachs Capital, US$1.35 billion. Sequoia Capital, US$1.37 billion. DFJ, US$1.42 billion. Enyi... US$1.5 billion!"

Hearing this, the heads of the first three investment institutions suddenly turned back and stared at the head of Enyi with extremely complicated eyes.

Link from DFJ said unhappily: "En Yi is breaking the market balance."

The representative of Sequoia Capital also blushed: "You broke the rules!"

The white person in charge of Enyi crossed his arms, looked at them intently, and ignored them at all.

Goldman Sachs immediately said simply: "We will follow up with $1.5 billion."

$1.5 billion!

This price was somewhat beyond Wang Zheng’s expectations. He had previously estimated that it would be around US$1 billion.

At this time, Apple's market value is about 150 billion. According to the bid of investment institutions, Meta is exactly one percent of Apple.

Of course, 20 years later, Facebook, with a market value of one trillion, is still a younger brother compared to Apple, which has a market value of two trillion.

It can be seen from this that the upper limit of social networking is just that.

In the end, we have to take the path of combining soft and hard, and ecological closed loop.

"We will also follow up." Sequoia Capital did not think much. Now it was three to one, and the remaining DFJ would either follow or withdraw.

Link shook his head helplessly, "Follow."

Wang Zheng clapped his hands and said with a smile: "Since we have reached a consensus on the price, let's talk about other parts."

Businesses other than the Meta community business need to be divested. Meta will form a board of directors. The four investment institutions will appoint representatives to the board of directors, but they will only have the right to attend and not vote.

Wang Zheng serves as chairman of the board, and Sheryl serves as executive director.

Meta's offshore parent company "Phil International" will sell 10% of its shares to investors, with a value of 150 million US dollars. Of this, 50 million will be delivered to Meta for development, and 100 million US dollars will be delivered to Phil International. The parent company has free reign.

At first, Defengjie was very opposed to Wang Zheng doing this, thinking that he was cashing out.

Wang Zheng said to him lightly, "I can also let there be only three investment institutions here," and directly told him to shut up.

"Before June 10, I want to see the funds lying in the account. Otherwise the agreement will be invalid and I will block you. You must know that I still have WeChat, crowdfunding network, and Ultron."

Leaving behind a seemingly threatening message, Wang Zheng left the conference room.

Selling 10% of the shares originally made him very unhappy. If it weren't for the urgent need for funds now, he wouldn't want these vampires to make a dime.

But the actual situation is that if it does not sell enough shares after three to four rounds of financing, the company will not even have a chance to go public.

Besides, after all, the American League is not his base, and he has not forgotten his purpose.

Wang Zheng still remembers that the subprime mortgage crisis began to break out during the Lunar New Year in 2007, and the impact of the subprime mortgage crisis lasted until 2010.

If this doesn't make a lot of money, it would be a shame for someone who is a reborn person.

There is only this one opportunity. Whether it can take off depends on the financing progress in the next six months.

Anyway, Wang Zheng has already made up his mind that in Midland, except the operating system, which cannot be sold, everything else can be financed.

If this wave is successful, we can just take advantage of the financial crisis to get it back.

If it doesn't work, just go home.

With money immediately on hand, Wang Zheng became more confident - he directly attracted the three best headhunting companies he had worked with, Heidrick & Struggles, Korn Ferry, and McKinsey.

Meta moved again, to a campus not far from Menlo Park. The office area here is large enough to accommodate the office needs of about 600 people.

No. 240 was reserved for the newly registered WeChat company, whose Chinese name is WeChat. The main body of this company will be responsible for operating WeChat and its derived casual game business. It is committed to creating a closed ecosystem and has taken over the agency of 365 Navigation and Huorong Security.

Operations and new browser WeBrowser business.

Wang Zheng rented No. 244 and No. 260, which are similar in size to No. 255.

Two companies named Tik Tok and Alphabet were registered at the same time.

Tongdong Company is mainly responsible for operating the short blog business evolved from the 365 hot list.

Compared with the Meta community, this Weibo-like community is mainly responsible for traditional media content. Its profit model and operating model are in line with Zhalang. To put it bluntly, it is used to make money.

As for the future short video business, that stuff will be directly included in the Meta community.

Alpha is mainly engaged in game publishing and game development business. For the time being, its main business will be "CS:GO Global Offensive", in addition to the American version of "Dungeon and Fighter" and "Earthquake". The operation of these two games

We still have to talk about it, but it's not a big problem.

The newly registered company needs a large number of administrative management positions and technical management positions, and these people need to be interviewed by Wang Zheng in person.

Even with the assistance of a headhunting firm, this is not so easy to accomplish.

This is different from in China, where you know exactly what Lei Jun's abilities are, but just let him go and become a hands-off shopkeeper.

Foreign people, if they don't watch carefully, will easily let themselves go and make some mistakes.

Even Sheryl Sandberg, the future queen of Silicon Valley, is now in a period of growth.

This is a great test of Wang Zheng's personal ability.

He borrowed a lot of books on business management through Catherine, and often stayed up until midnight. He had to do interviews during the day, and he had to pay attention to the development of Meta and Ultron from time to time.

It's really tiring, but under this kind of pressure, I grow really fast.

On June 9, Meta’s capital delivery was officially completed.

The shareholding structure of the new Meta company has become Phil International 88.1%, Enyi Capital 3%, Goldman Sachs Capital, DFJ and Sequoia Capital each 2%, Sheryl Options 1%, and Team Options 0.9%.

According to Wang Zheng's promise, Cheryl's 1% option has not been compressed in this financing, and will be treated equally in the future.

It was also on this day that Meta officially launched its overseas expansion, and its first stop was Europe.

However, Altron currently has no spare capacity to build data centers overseas, and the three in Midland have not yet been completed.

Therefore, Meta has chosen to rent the IDC business for the time being, and then transfer the data after Altron's data center is built.

It is enough for Cheryl to implement the overseas expansion plan. With the American League's development route as a model, based on Cheryl's personal abilities, the probability of making mistakes is low.

As long as there is a large enough user base, the next Meta will be completely self-sufficient for expansion.

By the end of 2006, covering regions other than Africa will not be a problem.

As for the originally planned e-commerce business, Wang Zheng decided to wait.

The development of enterprises cannot be too impatient, and the foundation must be laid firmly.

Phil International now has 100 million in cash, which is a lot of money.

How to make good use of this 100 million is Wang Zheng's current top priority.

It is unrealistic to produce a smartphone before January 2007, and it will not be able to keep up with Steve Jobs's original iPhone 2G.

And to be honest, this US$100 million is not enough.

If he wants to achieve success in operating systems, the best way Wang Zheng can think of right now is to use game consoles.

The current game console market can be said to be dominated by three companies: Microsoft, Sony and Nintendo.

Chen Tianqiao of the domestic Shengda Group had his sights set on the game console market, so he spent crazy money to build the Shengda Box.

But he took too big a step and got stuck - the price was high, the quality was poor, the content was sparse and he actually wanted to connect to the TV network?

With this stupid move, he completely destroyed the domestic console market, including the entire market.

Wang Zheng has no such concerns. He is in Midland. Does your old factory have a system that I don’t?

Everyone’s hardware is bought, and it’s up to you to see who can optimize it better.

When it comes to optimization, stability and compatibility, who am I afraid of?