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617 [Forcing a Mature Child]

Later, there was a movie called "Social Network" in the United States, which was filmed based on Zuckerberg. In order to create a "reality" for the movie, the director restored various details. Even every piece of clothing worn by the male protagonist was the same style that Zuckerberg once wore.

However, the prototype characters of all the characters in the play said it was ridiculous in interviews, and the story plot was basically a mess.

Moscow Witz, who was understateed in the video, is currently the only employee of Facebook. Of course, you can also say that he is the founding shareholder. Because Zuckerberg cannot afford his salary, he gave his roommate Moscow Witz a 5% stake, and then asked his roommate to do campus promotion and assist in writing code.

Facebook has become popular in more than a dozen universities in the United States in a short period of time, and Moscowickz must have made great contributions to it.

As for Zuckerberg's other roommate, Chris Hughes, the man later insisted that he was a co-founder and was portrayed as a programmer in the film. However, Hughes was neither a programmer nor a co-founder, he was just Zuckerberg's roommate. Later, the website was too busy and Zuckerberg had no money to hire people, so he asked his roommate Hughes to help - initially, he didn't give any shares, just help between friends. But when they bypassed Savilin to register a new company, Hughes took the initiative to make an equity claim, so Zuckerberg gave him 2% of the equity.

The 2% equity in Hughes's hands before financing was later turned into US$700 million. He also used this as a springboard to join Aoguanhai's election team, claiming to be the person who understands the Internet the most.

Judging from Hughes’ experience, it is important to choose the right college roommate!

When Song Weiyang came to visit, Hughes had not officially joined the team. Facebook's equity composition was: Zuckerberg (65%), Saverin (30%), and Moscowwitz (5%).

In the cafe, Moscowwitz kept looking at his watch and muttered: "Why haven't Song come yet?"

"Perhaps, big guys are going to be late." Zuckerberg said humorously.

Zuckerberg is still a pure dunk, but unlike the one described in the film, he did not sharpen his head and wanted to join the Haval Phoenix Club, nor was he dumped by his ex-girlfriend because of his despised. Of course, he would not have founded the predecessor of Facebook because of his love. The movie was made for people to see, and it must add that kind of bloody dramatic conflict: the dunk man is determined to climb up, starts his entrepreneurial path after his love breaks out, and turns into a scheming boy to successfully counterattack. How wonderful this kind of plot is!

But it is undeniable that Zuckerberg really wants to climb up, and he must have a little bit of scheming. He is holding coffee slowly at this moment, and it seems calm and light, but in fact he is already very anxious, afraid that the Chinese mogul will let him go.

Last night, Zuckerberg even specifically checked the Forbes Global Billionaire List and found that Song Weiyang's assets were only more than 20 million US dollars from the 50th, but his age was more than 30 years old. A young man who was only 28 years old almost ranked in the top 50 of the global billionaires list. This shocked Zuckerberg and said in his heart: A real man should be like this!

What's even more rare is that this Chinese rich man obviously understands the Internet and took the lead in proposing the concept of web2.0 that makes the IT industry crazy. Sohu and NetEase, he invested in, saw their market value soar more than 30 times last year, and Google, he invested in, will soon be listed. Now he is interested in his Facebook again, which shows that his website is very promising, and it may not be the next Sohu, NetEase and Google!

"Is it him?" Moscowwitz pointed to the door and said in a daze, "Asians look almost the same in my eyes."

Zuckerberg stood up, took a step and shrank back, carefully adjusted his expression, and waved his hand with a smile: "Hey, Mr. Song, we are here!"

Song Weiyang walked over slowly, shook hands with a smile and said, "Hello, I am Song Weiyang, this is my assistant Shen."

"Hello, Mr. Song, I am Zuckerberg, this is my partner Moscowwitz." While Zuckerberg spoke, he also smiled and nodded politely at the thought, and even glanced at the two bodyguards behind Song Weiyang.

Moscowwitz has a very lively personality. He shook hands with Song Weiyang with a familiar face and said, "Mr. Song, that Chinese website called Renren is really great, and has given us a lot of inspiration. If the negotiation goes well, we hope Renren will send an employee to help Facebook develop and grow rapidly."

Zuckerberg secretly stepped on his roommate, showed a calm smile, and said, "Mr. Song, Miss Chen, please sit down!"

Song Weiyang asked for a few cups of coffee and asked two bodyguards to go to the next table, and then said: "Since you have browsed Renren, you know why I want to invest in Facebook, because these two websites are very similar. This time I came to the United States to discuss Google's listing issue. I happened to find Facebook when I was surfing the Internet in a hotel. This coincidence is called fate in China, and perhaps fate made me invest this time."

"I know fate. I talked to a Chinese friend who runs a Chinese restaurant at home." Although Zuckerberg was anxious, he still talked about such off-topics with Song Weiyang.

Song Weiyang asked: "Have any investors ever contacted you before?"

Zuckerberg said: "Yes. Just a few days ago, a company called friendster wanted to acquire our website. But the other party's bid was too low and it was a full purchase, which I couldn't accept."

"How much does that company offer?" Song Weiyang asked.

"$1 million." Zuckerberg lies without blinking, and he only magnifies it 10 times, which doesn't seem to be too much.

Song Weiyang smiled slightly: "After meeting Facebook, I looked up other websites and found that there are many similar American online communities."

"But none of them are as good as Facebook!" Zuckerberg immediately emphasized.

Song Weiyang asked: "What are your expectations for Facebook's valuation?"

Zuckerberg Lions spoke up: "$10 million!"

Moscow Witz next to him suddenly widened his eyes because they had agreed to be 5 million, and Zuckerberg actually doubled the price temporarily.

Song Weiyang couldn't help laughing: "Haha, little boy, are you telling me a joke? If so, I might as well go back to the hotel to watch the Oprah talk show. Or, because I came here in person, do you think I'm sure I'm going to win Facebook?"

Zuckerberg became a little guilty, but he still insisted on saying: "Mr. Song, half of Harvard students have registered as members in just half a month after Facebook was founded. And now, we have grown to more than 10 universities in the United States. If we continue to develop at this rate, we can occupy all American universities by the latest summer. By that time, Wall Street venture capital will definitely come to you, and they are rushing to get a valuation of $10 million!"

"But now, Facebook has not yet grown to that scale," Song Weiyang said thank you to the waiter, picking up the candy bar and saying, "There will be many accidents in a few months. For example, I can take out $10 million and send someone to the United States to set up a social networking website. The content belongs to the collection of Renren and Facebook. I believe it will develop faster than Facebook! Do you still have money now? If you want to develop Facebook to universities across the United States, I am afraid you can't even get the funds for renting servers."

Zuckerberg couldn't help sitting upright and asked, "So, how much does Mr. Song think Facebook is worth?"

"It doesn't matter how much the valuation is. I invest $1 million and give me 30% of the equity," Song Weiyang asked with a smile, "Am I very generous?"

Why only 30% equity?

Because that is a red line of angel financing, a large amount of bloody facts tell investors that if the financing account for more than 30% of the shares, it will die miserably. The higher the investors in the first round, the more it will affect the subsequent financing, because you have to leave some profit space for the latecomers, and at the same time, you have to leave enough equity to motivate employees to motivate employees. In addition, the seed round and angel round investment, the evaluation of the project is not necessarily accurate. It is the correct way to invest less and cast a wide net.

Song Weiyang invested in Sohu and Google and acquired a large amount of equity in one go. That was because the entire Internet environment was extremely crazy, and there was also the foresight of time travelers. If it were the bursting of the Internet bubble, Song Weiyang would have occupied so many shares of Google alone, and Sequoia Capital was a fool, so he would come to raise funds.

The crazy era has long passed. If Song Weiyang ate more than 30% of Facebook shares in one breath, it would almost be judged that Facebook would die because no latecomer was willing to continue investing money. By that time, Song Weiyang could only keep throwing money inside, and it would be unstoppable to Facebook!

There is a reason why other Google shareholders joined forces to suppress Song Weiyang, because Song Weiyang was too ugly at the beginning and he won too many equity in the seed round investment.

Zuckerberg converted and frowned and said, "Too few."

Song Weiyang asked with a smile: "I want too few shares?"

"It's because the valuation is too small!" Zuckerberg was a little angry.

If it were a month ago, Zuckerberg would be very happy because he had no confidence in Facebook, and he even opened another website at the same time. But now it is different. Facebook's development momentum is very strong, and if it continues, it will definitely be possible to wait for Wall Street venture capital.

It’s because I don’t have money, and I can’t afford the server’s rent, otherwise Zuckerberg would directly choose to refuse.

Historically, it was Saverin who spent another $10,000 in pocket money to get Facebook through the fiscal crisis. Just five months later, Facebook was valued at $5 million, and Saverin's shares were diluted without knowing it. Of course, Saverin was not born to be angry. Before that, he directly frozen the company's account.

The story was probably like this. At first, Savilin was more active, investing in the company, looking for a house for the company, and looking for a president. But later he was admitted to the business school to further his studies, and got an internship opportunity from a large company on the West Coast. So he began to ignore Facebook and disappear at the most critical moment of the company's development.

This made the other three shareholders so angry that they directly created a new company and kicked Savilin out of the ranks of founders. But Zuckerberg was quite authentic in his work. The new company still retained Savilin's equity. Instead, Savilin directly frozen the account of the old company, causing the new company to close down due to lack of money.

Zuckerberg thought for a long time and said, "I only have $500,000, how about giving you 20% of the equity?"

"You really know how to negotiate. Are you taking the initiative to bargain for me?" Song Weiyang couldn't help laughing, because of Zuckerberg's words that made Facebook's valuation lower.

But it also proves that this kid with a horse face is very independent about the development of the company and would rather ask for less money than hand over more shares.

Zuckerberg finally unfairly disguised himself and said to himself: "Mr. Song, Facebook is indeed short of money now, but I only need $500,000, and the shares you want are too many. If you can't accept it, then I'll give up this financing."

Song Weiyang said: "This is the case. I still invest 1 million, and you give me 25% of the shares."

Moscowwitz couldn't withstand the temptation first, so he quietly pulled Zuckerberg's corner of his clothes, suggesting that his roommates would stop when they saw it, so as not to end up in a mess.

Zuckerberg was confused and finally said: "Thanks to Mr. Song for his financing. I don't think you will regret it. Facebook will definitely become the number one online community in the United States."

"Then, happy cooperation!" Song Weiyang smiled.
Chapter completed!
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