Chapter 1,714: Leverage in Advance
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This plan is many times faster than Qin Feng's previous development plan of taking things as they come.
Before this, Qin Feng was preparing to develop slowly.
After all, this is only 1999, and the first smartphone wasn’t released until 2007.
There is still plenty of time to develop.
Therefore, Qin Feng has never been in a hurry.
In particular, before this, in Qin Feng's memory, there was no competition from similar products on the market.
Therefore, Qin Feng is really not in a hurry.
Qin Feng will be satisfied if he can reach this goal by 2005.
Now, that's six years early.
This plan is really many times faster.
Of course, Qin Feng also knew that his appearance had changed many things.
For example, it would obviously take three years for Steve Jobs to come up with the iPod, but it will be launched this year.
It can be said that many things have changed.
Perhaps, smartphones will also come out in advance.
But Qin Feng felt a pain in his balls when he thought of the iPod.
It's too early, and the five major record companies are still unwilling to sell music copyrights online. This kind of old-fashioned thinking makes Qin Feng really feel bad.
"Is there any difficulty with 10 million?" Dimon asked.
Qin Feng came back to his senses.
"No problem!" Qin Feng shook his head.
In my memory, the final madness of Nasdaq should have started recently.
There will be countless magical stocks.
For example,
Some online sales websites will be hyped up to sky-high prices.
You should be fine if you take the opportunity to make some money.
Anyway, as long as it is a concept stock related to the Internet, you can buy it.
"That's okay." Damon nodded.
He really has no worries about funds.
If Qin Feng really can't raise funds, he will go to Wall Street. At that time, although it was said that part of Qin Feng's shares would be diluted, the company would grow rapidly.
You know, shares are not the most important thing. Because when the money reaches a certain level, for example, if you have tens of billions of dollars in assets, there is actually no difference if you add one to two billion dollars more.
Especially, when your main assets are shares, there is not much difference between your 10 billion US dollars and tens of billions of US dollars.
Because you have limited use. Unless we imitate the wastefulness of those Arab chiefs, we will never be able to spend all our money simply by spending money.
As long as you have voting rights, it's okay to have fewer shares.
Many start-up companies will implement AB equity. What does it mean? That is to say, the equity held by the founder belongs to A shares and has 1:10 voting rights. And B equity is the equity of those venture capital companies that have raised funds.
Their equity also has voting rights, but only in proportion to their original shares.
However, 1 founder share equals 10 shares. Therefore, only by owning about 10% of the shares can you ultimately cast an absolute proportion of votes. That way, the company will still belong to the founder and no one else.
As long as you hold this bottom line, you are not afraid of financing.
No matter how much financing you raise, you are not afraid.
The more financing you raise, the more successful your company is. Your shares are diluted, but the value of your equity increases.
Of course, it would be best if Qin Feng had the funds.
After all, there will always be some troubles after capital is introduced.
Capitalists will interfere with the running of the company. Although you have equity, you can occupy an overwhelming share. But the intervention of capitalists will also change some of your strategies.
For example, capitalists will buy out the company's middle and top managers. If they all side with the capitalists, then even if the founders own equity, it will be useless.
In that case, you will be forced to make compromises. If the founder insists on going his own way, it is very likely to cause the company to go bankrupt.
It is even said that when the company has financial difficulties and needs to refinance, there will be capitalists who will come forward to block it.
This will cause a lot of trouble. And Dimon knows a lot about this.
Many very promising companies eventually died at the hands of capitalists.
It sounds like capitalists are no longer making money. If you do this, the money you invest will be lost.
On the surface, the capitalists are losing money. But for a capitalist, he invests in dozens or hundreds of companies. Your company is losing money, and the other companies in which he holds larger shares are making money, that's fine.
In particular, you have no way of knowing whether capitalists will also invest in your competitors' companies. Capitalists do not need to explain this to founders. If a capitalist invests in a competitor company and thinks that there may be greater profits, it may cause trouble and bring down your company.
This is no secret in the industry.
Therefore, financing is also risky.
It would be best if Qin Feng could get the funds.
After the meeting, Qin Feng began to stare at the Nasdaq market in the United States.
Here, countless miracles will be born in the next half year.
Here, you are here to pick up money.
Of course, once it falls, it will also cause countless people to liquidate their positions.
"Teacher, aren't you tired of staring at him like this every day?" Britney handed Qin Feng a cup of coffee.
Qin Feng was helpless.
He doesn't want to either, but Qin Feng doesn't know which stocks will be listed, so he has to keep an eye on them. Only when Qin Feng goes to check the information can he know the background of these companies and whether they have a promising future.
Only then can you start.
After all, making $10 million a month is not that simple.
Qin Feng still has more than 6 million US dollars in hand. It seems like only 4 million is enough. But obviously not. If we get another 4 million US dollars, we can give Dimon a total of 10 million US dollars for development.
The money is going to be given, but Qin Feng still has the funds to earn more.
Now Boss Yan doesn't want to go to his side anymore, and there is no extra money to be made.
Behind this, Qin Feng has thought that it may also be related to Boss Ming. Maybe it was Boss Ming who went to interview Boss Yan. After all, Boss Ming has told himself many times not to spray such red lines.
Something big is bound to happen.
Therefore, Qin Feng is now out of luck. This money must be made to make money.
Otherwise, the only option is to get a loan.
However, as Britney said, sitting in front of the computer and staring at it every day is too tiring.
Unlike later generations, with smartphones, it is too easy to operate. In particular, smartphones can also set reminders.
Wait, although there are no smart phones now, there are feature phones. There is no 4G network now, but there is a 3G network.
I also have a good relationship with Nokia. The ringtone project I collaborated with before is now online. Although I don’t know the sales volume yet, I can cooperate with Nokia.
Deeper collaboration. Maybe, I can pry the mobile phone in advance.