Chapter 2495 Be a Man and Do Things

There is an old saying that goes well, it is called rich and powerful.

It means that after you have more money, you will have more confidence.

If you put it on investment, then you don’t have to be so cautious and look forward and backward, because you have money anyway.

Milner is in this state now.

To be honest, most of his previous fund investors were rich local Russians, but these people didn’t have a lot of money, and his capital was around 2 billion to 3 billion US dollars. Therefore, to do a lot of business, you must Be careful.

After all, these electronic network industries in the United States have too many bubbles and too many valuations. If you are not careful, you will suffer heavy losses.

Therefore, under normal circumstances, Milner prefers to invest in companies with a valuation of 1 billion to 5 billion US dollars. Such companies have passed the initial stage, and it is time to make efforts. At this time, the investment profit will easily reach the maximum. change.

Therefore, even if he invested in Facebook before, he did not dare to invest too much money, but went to find Xiao Qi to invest.

Unexpectedly, he just had the courage to find Xiao Qi to invest, but Xiao Qi unexpectedly believed him, knew his affairs well, and finally gave him a full investment of 5 billion U.S. dollars to set up a company alone. A fund for him to invest in.

This is more than that, Xiao Qi promised Milner that if he thinks there is a good project, he can directly ask Xiao Qi for more funds, it doesn't matter how much.

Now Milner feels that he has transformed himself. Seeing many projects that he was afraid to talk about before, he has the confidence to directly discuss investment and shareholding.

In the investment agreement Xiao Qi signed with Milner, 30% of the net profit will belong to Milner, which arouses his motivation even more.

So after Facebook, Milner went straight to Twitter.

Speaking of it, it is also a kind of fate. During the past two years in his previous life, the two best investments Milner made were 200 million US dollars in Facebook and 600 million US dollars in Twitter, and they both reaped very rich returns. It also completely laid the foundation for him to be the top angel investor in Silicon Valley.

Twitter is called Twitter in Chinese, but Weibo is actually a replica of Twitter. Basically the operating model is the same as Twitter.

It's just that the Chinese government banned Twitter from operating, so Weibo has a place to live.

Huangfu Cai in this life has done even better. As early as the beginning of Twitter's operation, she used a large sum of money to buy out the exclusive right to operate in China for the next ten years.

At that time, Twitter was just getting started, and it felt that it was very worthwhile to exchange a not-so-important market for a large sum of money. So I readily agreed.

Looking back now, Twitter itself has only 100 million active users worldwide, but Weibo has as many as 600 million users in China, and 300 million active users, far surpassing Twitter.

The same is true for the valuation. Weibo has been valued at 5 billion US dollars, but Twitter is only valued at 2 billion US dollars, and this price is basically in the current economic recession, and there are no investors.

Zuckerberg would take advantage of it. After receiving Milner's $4 billion capital injection, he proposed a full acquisition of Twitter for $1 billion, but Twitter just rejected Facebook's acquisitions several times before. Zuckerberg was rejected again.

Evan Williams is the founder of Twitter, and also the patent owner of blog and Weibo.

The patent fee given by Huangfu Cai back then. Most of it just fell into his pocket.

It is also because he has the most powerful patent resources, so since Twitter was established for three years, other founders have gradually retreated behind the scenes, and it has become a stage for Williams alone.

Things are going badly for Twitter right now.

Like the previous life, the biggest problem with Twitter and Weibo is that they cannot find a profit model.

Weibo in this life is better. Through its alliance with the four major portals, Weibo has become an extension of the four major portals, a tool to increase user stickiness, so the four major portals are willing to pay. to run it. Within three to five years, there will be no financial problems.

Twitter is different. They've raised several rounds of financing so far, but not many. If Williams hadn't often used his own funds to subsidize them, I'm afraid Twitter would have been in a state of operational disruption.

And to put it bluntly, most of the funds that Williams provided were patent fees paid by Weibo.

The current global economic situation is not very good, but Twitter still needs to continue to develop and needs a large sum of money to support operations, so Twitter has long had plans to raise funds again.

Zuckerberg knew this, so he wanted to take advantage of the fire, but Williams was unwilling to succumb to him and become a subsidiary of Facebook, so the largest acquisition plan was shelved.

At this point, Milner took to Twitter, which gave Williams a boost.

Following Milner's own publicity, his investment of 4 billion US dollars in Facebook has already caused a sensation in the Internet and electronics industries across the United States, and it has also made Milner a mysterious investor with deep pockets.

Williams naturally welcomed such a person coming to his door.

Milner is a very self-cultivated person. He graduated with a Ph.D. in physics. He has a high IQ. Coupled with his high EQ, he is naturally a genius for investment.

I laughed and talked with Williams all afternoon, and when we had dinner together in the evening, the two seemed to have become old friends for many years.

"Evan, I already know the general situation of Twitter." While drinking coffee after dinner, Milner smiled and said his decision, "Now Twitter's valuation is 2 billion US dollars, I want to give you Invest 600 million U.S. dollars and occupy 30% of the shares, what do you think?"

Williams was overjoyed when he heard the words.

The valuation of 2 billion US dollars is the data in 2008. After more than half a year of financial crisis, although Twitter has developed a little bit more than before, it is not worth so much, otherwise Zuckerberg would not want to use 10 $100 million acquisition of Twitter.

Unexpectedly, Milner made a big deal when he came up. Not only did he determine the valuation of 2 billion US dollars, but he also directly invested 600 million US dollars in it. If he can get this investment, it will definitely benefit Twitter a lot!

"Yuri, I don't know what you need to get... I said that besides the shares, in the daily operation of the company..." Williams asked ponderingly.

"I told Mark that I only want the shares of Facebook, and I will give up all other operating rights. If you think it's okay, Evan, I will make the same promise to Twitter." Milner said with a smile without thinking .

"it is good!"

Williams had an irrepressible look of joy on his face.

That's all he wanted!

Funding without constraints is what all entrepreneurs love!

"I'll go back and discuss with them, and I'll give you an answer as soon as possible." Williams said excitedly, "Don't worry, Yuri, they will definitely welcome you!"

"I am also looking forward to success together with you." Milner nodded, "After the agreement is reached, I will transfer the funds to Twitter's account the next day. I hope you can develop well and make Twitter better than Twitter. Weibo is even better!"

"That's it!" Williams was a little embarrassed, "Our platform is bigger than theirs. If we fall too far behind, we will also slap myself in the face. But don't worry, we have completed the original accumulation now, and we will definitely improve in the future." Doing better and better."

"I don't doubt that, otherwise I wouldn't have invested a lot of money." Milner laughed.

After talking about the business, Williams was busy going home to discuss with his partners, but Milner was not in a hurry to go home, but called Zuckerberg.

"Mark, that's the way it is." Milner said what happened just now, "If you think my investment has infringed the interests of Facebook, then I will consider withdrawing from the investment again. If you have no objection, then I will Just continue with the investment process."

Zuckerberg was stunned when he heard that.

It took him a long time before he said, "Yuri, what does your investment have to do with me?"

"Because you tried to acquire Twitter before, although it was unsuccessful, I don't know if you have a second plan. If our friendship is hurt because of this acquisition, I don't want to see it, so I want to ask You." Milner said solemnly.

"Hehe." Zuckerberg smiled, "Yuri, you are so interesting! I have temporarily given up on the acquisition of Twitter, because we have more important self-development to do. And your $2 billion valuation It is also unacceptable to me to invest in shares, so you can invest according to your ideas, don't ask me."

"Okay, thank you, I will continue to follow up." Milner nodded.

"Milner, you are such an honest man!" Zuckerberg couldn't help sighing again before hanging up the phone.

Zuckerberg is a very suspicious and domineering person. At work, he trusts almost no one and has few friends.

But now he thinks that this Russian is really interesting. He actually considers his own ideas in a normal investment that obviously has nothing to do with him, so he calls and asks. This kind of respect is not as simple as talking about it.

At this moment, Zuckerberg's perception of Milner improved again, and he initially agreed with this friend. (to be continued ~^~)