Unparalleled True Technology

Chapter 56 Facebook has no money to buy Instagram?

Apple has finally gained some popularity in the United States, and Wen Ming, the founder of Apple, has become the idol of many young Americans because of his miraculous experience.

Of course, because Wen Ming is a Chinese, there is no lack of exclusion from some racial discriminators.

After completing the two cooperations with Teresa Roy, Teresa Roy's operation team began to hype the Instagram product and the amount of the financing.

A product valuation of 470 million US dollars is not uncommon in the United States. Compared with those mergers and acquisitions that cost billions or even tens of billions of dollars, this amount is very small. But everyone who saw the relevant news was shocked.

Because the Instagram product has only been online for half a month so far.

In half a month, more than 10 million registered users have grown wildly, and the number of active users has reached about 97%. Registered users are distributed in more than 10 countries. Moreover, this trend of crazy growth has not stopped.

After the promotion of Teresa Roy's professional team, the growth rate of Instagram's registered users has once again increased. If it could be described as skyrocketing before, it can be described as an explosion now.

In just 5 days, Instagram's global registered users have reached 20 million, which is double the increase in the number of users in the previous half month.

No capital can ignore the 20 million registered users, not to mention that the activity of these registered users is very high, almost maintaining a ratio of 97%. That is to say, as long as users who register the software of instagarm spend time every day using this software to share photos, and then use those photos for social activities.

All of a sudden, in addition to the public relations news that spent money, many news media that did not receive the public relations fee also took the initiative to report on the Instagram product and the Apple company that created Instagram. Of course, I have to mention The genius who created Apple - Wen Ming.

The headline in The New York Times reads: "God is fair, and when he gives a person an unbearable disaster, he will inevitably make up for it in other ways."

"The best-selling author Wen Ming's entrepreneurial journey sounds like a fantasy to anyone. In just one and a half months, the Apple company he created has a valuation of more than 800 million US dollars. This data comes from on Wall Street."

"When we published the news about Wen Ming for the first time, it was a novel "Robinson Crusoe" written by him based on his own real experience after returning from a deserted island. When this novel was released, it was On the top of the best-selling new book list of the week. And today, more than a month later, "Robinson Crusoe" has occupied the top position of the weekly best-selling new book list for six consecutive weeks. At the same time, it is also the monthly tops the bestseller list."

"At that time, many people thought that Wen Ming, a young man who was troubled by many disasters, should have studied in Harvard University's Faculty of Letters instead of Harvard University's computer science department."

"However, now, no one will insist on this argument again. Because Wen Ming's miracles in computer science are no worse than Bill Gates and Mark Zuckerberg back then."

"A 19-year-old young man has created a company with a valuation of 800 million US dollars. I have to say that even Bill Gates and Mark Zuckerberg are completely unable to stand up to him at his age. Together."

"Of course, if it's the Harvard Alumni Association, I think the three of them are fully qualified to stand together..."

The "New York Times" praised Wen Ming too much, and even Wen Ming who read this report blushed a little.

"It's not surprising.

"

Inside Apple, Siss explained: "While we don't pay them for PR, your publishers don't save money to make money. Didn't you notice? The overriding theme of this story, Still your Robinson Crusoe."

After being reminded by Sith, Wen Ming realized who helped him gain a wave of reputation. When he published "Robinson Crusoe", the publishing house he chose had a very good relationship with the "New York Times" Otherwise, it would be impossible for Wen Ming's novel to be on the "New York Times" bestseller list in the first week.

It can be called one of the three shortcuts to becoming a bestseller. Of course, the "New York Times" cannot be so impartial. It only judges the list based on sales and not public relations.

"If you sell more books, the publisher can make more money, and I can make more money." Wen Ming shrugged and said, "But isn't it too much to boast like this? Bill Gates and Mark Zuckerberg Which of these two people can I compare with?"

Wen Ming is not an egomaniac, even if he knows that his achievements will not be lower than those of these two in the future, he will not think that the current him can already stand shoulder to shoulder with these two. Whether it is Microsoft or Facebook, the value of these two companies far exceeds Apple.

Not to mention Microsoft, the current market value is 312 billion US dollars.

(ps: In reality, Microsoft’s market value in 2009 was 270.6 billion US dollars, but there is no Jobs’ Apple in the article, so it has been increased appropriately, please do not take it seriously.)

Even Facebook, which is not yet listed, is valued far more than Wen Ming's Apple. Because in 2007, Microsoft spent 240 million US dollars to buy 1.6% of Facebook's shares, that is to say, Facebook's valuation had exceeded 15 billion US dollars two years ago. Today, two years later, the number of Facebook users has increased by 82%, not to mention the increase in revenue.

Sith is a little pleased with Wen Ming's current attitude. He has seen Apple getting stronger and stronger during this period of time, and he is very worried about Wen Ming's mentality. After many people have just achieved some achievements, they will be so arrogant that they can't find the north, which will affect their future.

"When your "Robinson Crusoe" became a bestseller, I thought that was your limit. But who would have thought that after more than a month, I would become someone who follows you. In the future, who will Can you guarantee that you will not surpass Bill Gates?"

If your boss becomes arrogant, you naturally need to remind him not to be crazy, but if your boss is too humble, it is also time to help him establish his ambition.

If Wen Ming didn't stick to his ambition to accomplish a certain goal, Sith was very worried about whether he could survive 5 years, or even longer.

Wen Ming smiled confidently and said, "I also have the confidence to surpass Bill Gates in the future."

Sith also smiled and said: "Bill Gates is the future, but Mark Zuckerberg is the present. Teresa Roy's team has sent a message that Mark Zuckerberg is interested." Take over our instagarm entirely."

This news is undoubtedly a very pleasant surprise to Wen Ming, because it means that he can occasionally get a huge amount of cash income. And that cash can support his other plans.

"Why so fast?"

Excited, but not blind, Wen Ming asked with some doubts. Because Facebook acquired Instagram in the previous life in 2012, which is three years later. Although in the hands of Wen Ming, Instagram's development speed far exceeds that of the previous life, but it is not possible to acquire it three years in advance.

"And, most importantly, does facebook have the money to buy our instagarm now?"

Although Facebook in 2009 has become the darling of the investment community, it has only experienced six financings since its establishment, including Li Jiacheng from China.

(ps: Does anyone know that Li Jiacheng is a shareholder of Facebook? Don't say I made a typo, you understand.)

Sith shook his head and said: "After getting the news, I checked Facebook's financing income in the past few years. Facebook sold 10% of its shares for the first time and only got 500,000 US dollars. The next five This round of financing, a total of about 400 million U.S. dollars was harvested, all of which were used to develop Facebook.”

"Although Facebook's revenue has reached the standard of 200 million US dollars per quarter, its operating investment is very large, so I also think that Facebook now has no money to acquire Instagram."

Wen Ming frowned and asked, "Then why did they buy Instagram? How did they buy Instagram?"

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