Unparalleled True Technology

Chapter 60: Sword and swordsman

Facebook, another world, paid $ 750 million in cash and $ 250 million in Facebook stock when it bought Ins and its affiliates, for a total purchase price of $ 1 billion.

Of course, the US $ 250 million Facebook stock has since turned many times, and it has completely exceeded the total acquisition price of US $ 1 billion.

At the time, the company that developed the ins had only 13 people. The company did not have any products other than ins.

"The offer we made was $ 1.2 billion."

Theresa Roy's investment company sent their team to Boston, the purpose is to negotiate with Wenming the price of ins and follow-up negotiations.

Just a team in an investment company, the number has reached 8 people, twice the number of Apple's legal department. It is said that there are still some people in this team who are preparing other materials and launching a new round of promotion for ins.

目前 "At present, Facebook has not responded positively to our offer, nor has they offered their offer. According to them, it is still their inspection period."

Wu Wenming was a little embarrassed in the conference room, because he is an absolute majority shareholder of ins, sitting on 90% of the shares, it can be said that ins still belongs to him. But this time with Facebook's M & A negotiations, it was not him.

The four positions of Lucis and Cage in Apple are all in the legal department. Although they are also engaged in some business negotiations, they are not really professional talents after all. Therefore, after Wen Ming and Teresa Roy discussed, Teresa Roy very generously sent a team of her own.

"Don't they not worry. Our users are going crazy again during this time. Do they need to pay more?"

Wenming asked curiously, he now needs money, Apple's 100 million US dollars on the books, and the sale of all the rights and interests of "Plant Vs Zombies", the 80 million US dollars that are about to reach the accounts. Enough for him to pay a deposit of 1 million Iphone4 hardware.

As the hardware starts to be manufactured, he also needs to contact the foundry, need to start leasing stores, decorating stores, and recruiting sales staff. And none of these jobs cost money.

The most important thing is that these tasks are urgent. If you don't start now, when the foundry starts to assemble the finished iPhone4, he will not be able to return the funds in time and prove the charm of iPhone4 to those hardware manufacturers.

Only if the iphone4 is approved by the market, he can order parts on a large scale, and no more hardware manufacturers will require him to pay a 60% deposit, and no hardware manufacturer will require him to pay it at the time of delivery. The balance.

Teresa Roy ’s team leader was Jeris. After hearing Wenming ’s question, he replied, “Of course, Facebook knows that the later the acquisition, the greater the price they pay. But two reasons make them unable to One of the reasons is that our asking price is too high and exceeds the value of the ins itself. Another reason is that Facebook needs to consider how many shares they want to give up, and who should these shares be given to. "

Facebook's Facebook valuation, which has already exceeded 10 billion U.S. dollars, is undoubtedly a behemoth. This behemoth has involved too many benefits. When everyone wants Facebook shares, it proves that everyone knows that Facebook will be very valuable when it goes public in the future. Since everyone else knows, Facebook itself has no reason not to know.

Qi Wenming nodded and asked, "How much is Li Jiacheng willing to contribute in this merger and acquisition?"

Jerez replied: "He hopes to get as much equity in Facebook as possible, that is, if our $ 1.2 billion offer is accepted, he is willing to pay it in full in exchange for Facebook shares."

I am indeed the richest man in China for many years.

Wu Wenming asked again, "The point is, is Facebook willing to give so many shares to one person?"

How much equity a shareholder has has attests to how well he speaks on the board of directors and how much influence he has on the company. Today's Facebook is not a company with a market value of 487 billion US dollars in the future. 1.2 billion US dollars can really buy a lot of shares.

Jerry replied, "In 2007, Li Jiacheng acquired 0.8% of Facebook for US $ 120 million. At that time, Facebook's valuation was US $ 15 billion when Microsoft purchased 1.6% of Facebook for US $ 240 million. As far as we know, Li Jiacheng was given a certain amount of preferential financing rights at the time. "

"The so-called preferential financing right is that if Facebook needs financing, as long as Li Jiacheng approves the valuation of Facebook at that time and is willing to provide the funds required for financing, then Facebook must let Li Jiacheng complete this time Financing. "

所以 "So, we chose to cooperate with Li Jiacheng."

In another world, Li Jiacheng invested a total of 450 million US dollars in 2007 and received 3% of Facebook's shares before Facebook went public. It is not that he does not want to vote more, but that he has no chance to vote more.

This time, because of the sudden rise of ins, Facebook felt the threat, so they urgently wanted to acquire ins, which also gave Li Jiacheng a chance.

Wu Wenming asked his last question: "So, can Facebook accept a $ 1.2 billion offer?"

They didn't know that Facebook had already discussed internally and gave ins a $ 750 million valuation. Of course, the sky is full of asking prices, sitting on the ground to repay, it is difficult for sellers and buyers to give a price that is satisfactory to both parties at the first negotiation.

Jerez said: "They will definitely not accept it, because apart from them, our ins is not worth 1.2 billion US dollars for any company. At present, the true valuation of ins should be around 800 million US dollars."

但是 "But what does this matter?"

Jerez spread his hand and said, "They need ins, they must buy ins, and if they successfully buy ins, their company's valuation will rise again. Conservative estimates can increase at least 30 100 Million US Dollars ~ www.readwn.com ~ If it only costs 1.2 billion US dollars to kill a threatening competitor, then Facebook will hesitate, but in fact, the valuation of a company has something with the industry owned by this company Direct relationship.

With an extra ins, the valuation will naturally increase.

The most important thing is that in Wenming's hands, ins is difficult to generate actual revenue, because it is very difficult for him to beat Facebook with ins. But if ins is in the hands of Facebook, then after the product integration, it is bound to add a very considerable number to Facebook's receivable statements.

Wu Wenming is now like a blacksmith who has created a peerless good sword, but he cannot martial arts and cannot play the true role of this peerless good sword. And Facebook has become a peerless swordsman. In his hands, this sword can really glow.

很好 "Very good, then this thing will bother you."

After Jerry and Sith started to contact, Wenming stopped paying attention to this matter. The higher the price of ins, the more money Wenming and Teresa Roy earned, so no need to worry Theresa Roy wants to sell ins for cheap.

Of course, the main reason is that there is no interest between Teresa Roy and Facebook, as well as Facebook's current shareholders. Therefore, Wenming can rest assured.

The most important thing is that he owns 90% of ins. If the price is really low, then he doesn't sell it.

After coming out of the conference room, Wenming thought that Sith was still talking about the sale of Plants vs. Zombies. I wanted to go back and ask, and I also thought that Sith must be the biggest one now.

Wu Yi sighed helplessly, Wen Ming found only five human resources department.

"Can you recruit the right people as soon as possible? How many people are there in a team?"

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