Chapter 879 - It's Too Low
After a long talk, Ballmer and Google, the two founders, both figured out each other's ideas.
Obviously, everyone is interested in this opportunity to take a stake in Facebook North America.
Therefore, since everyone is a partner, they will work together to suppress Facebook's price when negotiating.
At the same time, it is also a competitor, and if Facebook only introduces one strategic investor, it must ensure that it is itself.
............
The next day, at 10 a.m., Facebook North America headquarters.
Ballmer, Larry Page, and Sergei finally met the legendary Fei Zong.
For Yu Wenfei, since Facebook was listed on the NASDAQ, he has frequently swiped the screen in the media in the IT industry.
At the age of twenty-one, he controls several potentially giant companies, and his net worth is unpredictably high.
The Western media is also very interested in such people.
Before Yu Wenfei appeared, Larry Page and Sergei were the most outstanding representatives of the young generation of entrepreneurs, and the two were not very old to create a great Internet company like Google.
This kind of thing is most in line with the so-called "American dream", so they are not less touted by the West, especially the American media.
However, after Yuwen Fei was born, everyone was surprised to find out.
Compared with Yu Wenfei, these two people are dwarfed by each other.
Ballmer, Larry Page, and Sergei looked at the star-studded young man and marveled in amazement.
Indeed, as described in the media, it is very, very young!
If Yu Wenfei is still a college student, I'm afraid no one will doubt it.
Of course, in fact, Yu Wenfei is indeed a college student......
As for how handsome Yu Wenfei is described in many media, the three of them didn't see it, after all, the aesthetics of the East and the West are still different, especially for men.
But, that momentum, or aura.
Let the three of them understand at a glance who is the leader on Facebook!
............
Yu Wenfei led everyone and warmly welcomed the arrival of Ballmer, Larry Page, and Sergei.
Lu Qi helped the two sides introduce each other in the center.
After the introduction of the main management of the three parties, everyone came to the large conference room and prepared to start talking about business.
"Welcome Mr. Ballmer, Mr. Larry Page, Mr. Sergey, Microsoft and Google are great companies, and I'm glad that you recognize Facebook North America, and today we're going to talk openly and honestly about the future of Facebook's international version. ”
Yu Wenfei was the first to speak, smiling and welcoming him.
On the opposite side of the long conference table sat Microsoft and Google personnel, with Ballmer acting as the delegate.
He responded: "Thank you for the warm welcome of Mr. Fei, Facebook is also a great company. We at Microsoft are very interested in the international version of Facebook and are happy to participate in its growth. Believe me, with Microsoft's help, it will grow faster and healthier!"
Larry Page sitting next to him was in a hurry, why did Ballmer only mention Microsoft and not Google?
As soon as Ballmer's words fell, Larry Page hurriedly said: "We at Google also think the same way! Especially since Google has the world's largest Internet traffic entrance, which will be more helpful for the growth of the international version of Facebook!"
Yu Wenfei smiled and clapped his hands, "Yes, I just believe in this, so I invited Microsoft and Google to be the first companies to negotiate, because I know the strength of Microsoft and Google." ”
The first companies to negotiate?
That being said, does that mean there is a second batch?
Ballmer, Larry Page, and Sergei glanced at each other, feeling that things were a little less simple.
It seems that it is not easy for me to get the opportunity to take a stake in Facebook North America.
"Let's be more straightforward, if it's Facebook North America, what are the requirements?" Ballmer asked bluntly.
This is obviously the same question that Larry Page and Sergey want to ask.
The three of them stared at Yu Wenfei together, expecting his answer.
"On this question, I would like to ask the person in charge of our North American company, Mr. Lu Qi, to answer. ”
After speaking, Yu Wenfei stretched out his hand and asked Lu Qi to answer.
Lu Qi straightened his back, a smile appeared on his face, and said confidently: "The achievements of Facebook International are obvious to all, and before we say our requirements, I would like to hear your valuation of Facebook North America." ”
In the final analysis, this kind of negotiation is to determine a company valuation that is mutually agreeable to both parties.
And then around that core, to negotiate.
It is either capital shares, technology shares, or swap shares.
Ballmer didn't hesitate, the issue had already been discussed within Microsoft before he came.
"Five billion US dollars, should be a more appropriate valuation, for the international version of Facebook, every user, we think it is worth 100 US dollars!"
After listening to his offer, Lu Qi was noncommittal and turned his head to look at Sergei and Larry Page.
Larry Page said with a cautious face: "We think that the value of the international version of Facebook should be a little higher, after all, this company is in a period of rapid growth! Eight billion dollars! That's a valuation that Google recognizes. ”
Ballmer's face was silent, but he secretly gritted his teeth with hatred, and the two boys from Google came up and began to "stab the knife".
Originally, the two parties reached a tacit understanding, and they wanted to work together to press the valuation of the international version of Facebook, so that everyone could pay less money when they became shareholders.
I came up and quoted a $5 billion, which is hard enough.
Unexpectedly, Google directly reported 8 billion, although it still underestimated the value of the international version of Facebook, but it has been much more generous than Microsoft.
In front of the shareholders of Facebook, it left a good impression and pressed Microsoft.
After listening to the quotations of the two, Lu Qi took a look at Yu Wenfei and saw that he shook his head slightly.
I knew how I should deal with it.
Lu Qi smiled and said: "Let's not discuss this valuation, I don't know if you know, what is the market value of Facebook Mainland now?"
Facebook Continental is a company listed on NASDAQ.
On the day of listing, the stock price soared to $215!
The company's market capitalization is as high as $31.8 billion!
Since its listing, the stock price has had its ups and downs, but the overall trend is upward.
By now, the stock price has hovered around $260, and the company's market value is around $40 billion.
Lu Qi's meaning when he said this is obvious.
It is to tell the other party that your valuation is too low!