Chapter 1341 The Record of Mingxiang Venture Capital (Congratulations to the Master of the Blade Dancer!)
For a person like Xiao Qi, it is a very extravagant thing to want to be with his wife and children all day long and have a good time at night.
Even in Japan, at least Xiao Qi had to answer more than 30 calls a day. This was the result of his instructing the various supervisors to deal with it as best he could.
However, for example, the research and development of dream stars, the telephone porridge of wives, etc., are also unshirkable responsibilities.
It has been more than two weeks since Tang Mingxiang returned to the United States, and the negotiation with Facebook went smoothly.
Xiao Meiji is no longer the girl who knew nothing when she arrived in the United States early last year.
After returning to the United States, bearing in mind Xiao Qi's instructions, she went to Facebook's headquarters immediately to discuss the acquisition of shares with Zuckerberg and others.
Although Microsoft, a shit-stirring stick, will not announce its interest in Facebook until the end of September when the U.S. economy continues to be hit, and then push up Facebook's shares. In fact, this kind of negotiation started as early as June and July.
Fortunately, now that the subprime mortgage crisis broke out, companies one by one announced that they were involved in subprime debt. Although Microsoft was not involved in it, it was also affected by the impact and its stock price fell by more than 10%.
So Microsoft's negotiations came to a halt.
Taking advantage of this time, Tang Mingxiang opened his mouth and asked for a valuation of 20 billion US dollars, and as much as he wanted, it moved the institutional investors and founder shareholders of Facebook.
At this stage, the founder shareholders own more than 80% of the shares-even after the listing, the founder shareholders and employees of Facebook still control more than 60%.
Because I have discussed the issue of valuation with many companies and venture capitalists before, people from Facebook have never encountered anyone who calculated Facebook’s valuation to be more than 10 billion.
Even such a bold giant as Microsoft. Now they are still fighting a tug-of-war with them in the 9-10 billion range.
It can be said that Tang Mingxiang's bold domineering directly shocked many of them.
Not everyone is Zuckerberg. Many Facebook founders, shareholders, employees, venture capital, etc., value money more. Originally, everyone has a kind of admiration for celebrities, especially Tang Mingxiang, a super talented girl rich man with a wealth of more than 30 billion U.S. dollars at the age of 19. Everyone has an American dream of getting rich, so psychologically Mei Ji gets a great deal of recognition. It didn't take long for the founder to give up the American citizenship that the Chinese people dream of in order to avoid paying high taxes. He sold 8% of 10% of his shares to Tang Mingxiang's Mingxiang Venture Capital. Then his bank account was immediately filled with 1.6 billion US dollars in cash, which was so fast that the people watching by the side were stunned. In the acquisition case of the United States, after the acquired company went bankrupt, the purchase to the former boss had not yet been paid. The cost is simply everywhere. It was much easier to have someone who took the lead. In the next few days, Tang Mingxiang received a total of 28% of the shares. Has become the first shareholder other than Zuckerberg. Then, amid Zuckerberg's anxiety. Tang Mingxiang met with Zuckerberg again, and resorted to Xiao Qijiao's second trick - the dual-system shareholding structure. That is, all the shares purchased by Tang Mingxiang will be consistent with Zuckerberg’s opinion on any occasion. In the company’s decision-making behavior, all the shares owned by Tang Mingxiang will grant Zuckerberg an irrevocable power of attorney— —Don't doubt, in the previous life. Since Microsoft purchased Facebook shares at the end of this year, Zuckerberg has done this every time Facebook increases its shares, and everyone who doesn't want to get out! That's why he can control facebook so firmly. Now Facebook is still in its infancy, Zuckerberg has this idea. But it's not fully formed yet. When Tang Mingxiang said this systematically in advance, Zuckerberg immediately realized it, and then sold 12% of his shares to Tang Mingxiang, leaving him with only 38% of Facebook shares. Anyway, the development of Facebook needs a lot of money. With such a large shareholder who has taken advantage of it, Zuckerberg feels that many of his plans can be carried out as soon as possible and in advance. As a result, Tang Mingxiang's shareholding suddenly increased to 40%, and he became the number one major shareholder of the company. Tang Mingxiang herself felt very happy, because Xiao Qi said that the market value of this company after listing was at least 150 billion US dollars, and now he spent 8 billion US dollars to buy something worth 60 billion US dollars, which is really great! But she did not stop the pace of acquiring Facebook shares. She still showed her name with great fanfare and acquired the shares in the hands of anyone who was willing to sell Facebook shares. Hearing this news, Microsoft's CEO Ballmer regretted it too much, but 10 billion is already the maximum authority given by the company's board of directors. If he wants to apply for 20 billion or more valuation funds, the whole process will at least have to be completed. One or two months. This is the downside of a bloated company! Ballmer is very envious of people like Tang Mingxiang who have a huge amount of cash in their hands! Apart from this, Mingxiang Venture Capital has no obstacles to the acquisition of Zappos. Rao Xie Jiahua thinks that he may make Zappos better, but Tang Mingxiang throws out a cash acquisition price of 600 million U.S. dollars, plus a promise not to interfere in Zappos affairs In the end, Xie Jiahua still knelt down, and Zappos was 100% owned by Mingxiang Venture Capital since then, which was half cheaper than Amazon's $1.2 billion acquisition two years later. In fact, with the current market situation, if Tang Mingxiang grinds it out, it is estimated that around 400-500 million US dollars can still be negotiated. But Tang Mingxiang's style is to hit every hit, and she doesn't like wasting time and missing opportunities, so directly offering a price that others can't refuse has become her hopeless secret technique. (To be continued..) ps: I have seen a lot of monthly tickets for my brothers in the past few days, and I am happy and distressed at the same time! Dear friends, tomorrow will be a double monthly ticket, please hit the scholar with more intense artillery fire! In addition, only by writing books and checking information can we know how many opportunities we ordinary people have missed. For example, the market value of Penguin was only a few hundred million when it was listed in Hong Kong, but now it is hundreds of billions! If our brothers could buy thousands of eight hundred shares back then, wouldn’t it be a big deal, wow ha ha ha ha...