Chapter 771: Trial
The family banquet that night was enjoyed by the guests and the hosts.
It's also difficult for Yu Wenfei and these people to get together, everyone is usually very busy.
"Congxin, are you going to leave for the roadshow in two days?"
At the dining table, Yu Wenfei asked lightly shaking his red wine glass.
In the crystal clear goblet, of course, it was his favorite Romanée Conti. The villa has a dedicated wine cellar and cigar room, as this is one of the few preferences of Yu Wenfei.
A small portion of the red wine and cigars in the office were moved, and Hu Jingjing ordered a large batch some time ago, filling the wine cellar and cigar room.
The cost of purchasing red wine and cigars alone is a huge expenditure of millions!
In terms of life, Yu Wenfei does not advocate luxury and waste, but he will definitely not be stingy.
What he asked Cai Congxin was, of course, the official roadshow before Facebook's online listing, which dragged on for more than half a year, and the company was finally going public.
The company plans to raise $4 billion in additional 40 million outstanding shares. The money is mainly used for the expenditure of employee compensation, the expansion of the data center, and the continuous investment and incubation of internal projects.
There are not many places where Facebook itself needs to use money, mainly employee salary expenses and data center operating costs.
But the Facebook entertainment under it is a "gold-swallowing beast"!
It also needs the parent company to carry out continuous blood transfusions on it, after all, the film and television copyright needs to be bought every year, you build a video website, it can't be all old movies and old TV series.
In that case, it will not be very attractive to users.
If you get these four billion US dollars, if you save a little money and don't have a large investment, you can still maintain Facebook for more than a decade, or even longer.
This can be a huge fortune, which is converted into more than 30 billion yuan!
Of course, Facebook can now make blood on its own, and that advertising model has been recognized by the majority of brands, and advertising revenue is also rising day by day.
Cai Congxin optimistically estimates that in about half a year, Facebook's advertising revenue will be on par with the company's daily operating costs!
In other words, Facebook is finally no longer losing money.
This is good news, and when the roadshow is held in a few days, Cai Congxin is ready to take this point out and brag about it!
For an industrial company, when a company only breaks even, it is obviously not worth advocating and even feeling ashamed.
But for internet companies, that means something different!
From the perspective of the world, there are few large Internet companies that can break even, and these companies, without exception, have become Internet giants and are deeply supported by investors.
............
Hearing Yu Wenfei ask about the roadshow, Cai Congxin was full of red light and said with great interest.
"Yes, Mr. Fei. My team and I plan to leave the day after tomorrow! The first stop is Hong Kong, the second stop is New York, the third stop is San Francisco, and the fourth stop is London. There are four stops in total, and if the results are good, the listing will be launched immediately after the four stops! In this way, it can be listed on the NASDAQ in early March. ”
After working for so many years, Cai Congxin's dream is to stand in front of the door of the NASDAQ or the New York Stock Exchange and ring the bell.
If you can't be the protagonist, then it's acceptable to be a supporting role.
This dream is finally coming true!
And as a protagonist, he walked to the front of the stage, which made him not excited.
What's more, this Facebook online listing plans to raise up to $4 billion, which is a large amount of money, and it is estimated that it is also the largest fundraising in the NASDAQ market this year.
For this IPO, Cai Congxin is not worried, not to mention that Facebook now has its own unique way of making profits.
Even if there is no revenue at all, just because of Facebook's position in the domestic Internet industry and its bright prospects, someone will definitely pay for the four billion!
Now, he even feels that the $100 price is too conservative......
But that's okay, as the roadshow progresses, the stock pricing can be adjusted at any time.
If investors are very receptive to Facebook and rush to subscribe for shares, then the price of Facebook shares can be increased.
And such things are very common, and they will not be resisted by European and American investors.
As for what price to raise, it depends on how high the price can be accepted by investors, and it also depends on how much promotion efforts Citibank, the listed underwriter, can help find how many powerful investors.
Why do you have to hire an old American bank like Citigroup for an IPO listing and give them so many handling fees, just so that they can help them sell their stocks at a high price?
Yu Wenfei nodded with satisfaction, he has recruited a lot of real elites in the past year.
People like Cai Congxin, Fang Zhiyan, Shen Nanpeng and others have indeed reduced too much burden for themselves.
If it weren't for them, I guess I wouldn't have thought about launching so many fronts at the same time, and I would have tossed myself to death just by listing Facebook.
Fortunately, I have experience in controlling large group companies, understand the preciousness of talents, and know how to properly delegate power, and have recruited several generals.
Therefore, you can attack at the same time in the Internet, games, computers, and mobile phones!
............
Turning his head to look at Effie, Yu Wenfei remembered something, so he smiled and said, "How is it, Mr. Ai, are you very envious when you see Facebook on the market?"
Effie was studying whether the tableware on the table was silver, when she heard Mr. Fei name herself, and quickly put down the spoon in her hand.
replied: "Hehe, it's a little envious, but Facebook is the big brother, and it should be the first to be listed, and our Facebook game will be listed sooner or later." ”
Yu Wenfei asked again: "It seems that you didn't get the equity incentive of Facebook, right?"
Hearing Yu Wenfei talk about this problem, Cai Cong "chuckled" in confidence.
In fact, there has been a discussion about this issue at the current senior management of Facebook, which not only involves Effie, but also involves many, many employees who have been separated.
Facebook is a major company, it can be said that Facebook is the "mother" company, and several other companies used to be a division of Facebook, but they were later spun off separately.
And the employees of those companies used to be old employees of Facebook......
In this case, whether to give equity incentives to those people in the end, this question makes Cai Congxin and them have a headache.
If you want to give, then this matter is even more troublesome, and there are many employees on Facebook who have not received equity incentives, and there are still some opinions.
If the employees of the other branches were given equity incentives, wouldn't it be even more unfair to the employees of Facebook who did not get the shares?
In the end, it was Cai Congxin who made his own decision, and anyone who went to other companies would no longer be given equity incentives!
Therefore, even a heavyweight figure like Effie who has a pivotal position in the face spectrum has not received equity incentives.
Cai Congxin once thought about whether to ask Mr. Fei for advice, but he didn't do it in the end, and just gave Yu Wenfei the incentive list that had been drawn up.
Yu Wenfei didn't put forward any comments on the list, and signed it happily, which also made Cai Congxin feel a lot more relieved, thinking that he had done the right thing.
However, today Mr. Fei suddenly brought up this matter, and asked Effie directly, is it ......
Thinking of this, a layer of sweat appeared on Cai Congxin's back.
He looked at Effie, not knowing how Effie would answer Mr. Fei's question.
Effie also thought about it for a while before answering Yu Wenfei's question, because she also felt that if she didn't answer this question well, it would offend people!
Although I don't know why Fei always asked on this occasion, when several giants of the company were present, but since he asked, he had to answer well.
"Well, I didn't get it. However, I don't think I'm qualified to take it, although I also worked on Facebook for a while, but later, thanks to the trust and appreciation of the company's leaders, I led the team to set up Facebook Games.
Since the day I left my new company, I have ceased to be a Facebook employee. In the past, the company has rewarded with salary and benefits and job promotions.
After that, all my efforts and focus were put into the new company.
Therefore, Facebook is listed, of course, I am not eligible to get equity incentives. ”
If there is anyone who should get equity incentives among all the employees who are separated from Facebook, even if there is only one person, then that person must be Effie!
Because her contribution to Facebook is absolutely indelible.
Don't forget that the battle in which Facebook really established its monopoly on social platforms was the celebration of last year's Chinese New Year.
Not only was the plan planned by Effie, but during the entire Spring Festival, the entire Facebook company was also controlled by her when she came, and Yuwenfei completely delegated power to her.
It was at that time that Effie became famous!
single-handedly cultivated the two pillars of Facebook, "South Muzi, North Furong", resolved the public opinion attacks of several major competitors on Facebook, and completely defeated Sina Blog, a potential strong competitor!
Since then, Effie has really won Yu Wenfei's appreciation, and has been promoted all the way, like a rocket, and in the past year, he has become one of the giants of the face spectrum system.
I don't know how many Jiao Tong University students have gone crazy with envy of her experience.
However, everyone also realized through Effie's experience that Facebook is indeed a place where miracles are born frequently, as long as you have real talent and learning, you don't have to be afraid of being buried here.
As long as you can contribute to the company, the company will never treat you badly!
............
After listening to Effie's answer, Cai Congxin breathed a sigh of relief and cast a grateful look.
In this matter, Effie did not express her dissatisfaction in front of Mr. Fei, which was the greatest help to herself.
Cai Congxin, Effie, Fang Zhiyan, Shen Nanpeng, and Li Xin are currently the top team of the Facebook company.
Although several people are in charge of a part of the business, they don't seem to have a direct relationship with each other.
But in fact, there is also competition in the shadows.