Chapter 432: How Much Is Facebook Worth

After listening to Mr. Hu's words, Yu Wenfei just smiled and didn't say anything.

Mr. Hu saw that Yu Wenfei didn't react, so he was a little anxious, and he was so upset that he simply made his words clear.

"Mr. Fei, as far as I know, Internet companies are very money-burning. Your Facebook network is quite large now, and there are one or two thousand employees, and the expenses must be very large, so do you have to think about financing? ”

Obviously, Mr. Hu still has done his homework and knows a lot about Facebook.

Yu Wenfei was stunned, he didn't expect that Mr. Hu would have the intention of investing in Facebook.

He looked at Mr. Hu seriously, and Yu Wenfei's impression of this person was still good.

Bold, crisp, and decisive, these are the impressions that Mr. Hu left on him when he dealt with Xia Xin Electronics.

Meeting to talk about the transaction is, there is no ambiguity at all, the price should be bargained, more than 10 million limited supercars will be sent, and the big business of hundreds of millions of dollars will be made on the spot, not the mother-in-law's.

It's kind of a character.

But......

Investing in Facebook, is his strength enough?

"Mr. Hu has the idea of investing in Facebook, so I don't know how much budget Mr. Hu is going to take?" asked Yu Wenfei with a smile.

Mr. Hu stretched out a right hand, and his five fingers spread hard, "Five hundred million!"

He was secretly proud in his heart, he had done a lot of homework, the so-called investment in the Internet industry in recent years, basically one or two million US dollars is a big investment, and there seems to be no more than 500 million yuan!

threw out 500 million at once, and it is estimated that the young man in front of him will be frightened.

With so much money, how many shares do you want?

Eighty percent?

Forget it, that's too much, Internet companies have to raise several rounds of financing, it is estimated that Yu Wenfei is not happy to have so many shares, then it is 70% good!

700 million, this is Mr. Hu's valuation of Facebook.

Of course, this is a preliminary estimate, and when it comes to negotiating investments, third-party appraisal firms will be brought in to make an accurate valuation of Facebook.

Just as he was expecting to see Yu Wenfei's stunned expression, Mr. Hu found that Yu Wenfei shook his head gently.

"500 million...... It's not impossible, but it's definitely only a co-investment, and when Facebook raises money, I'll let people notify Mr. Hu. Yu Wenfei said softly.

Once Facebook opens up the opening of financing, Yu Wenfei is ready to be ruthless this time.

So it doesn't matter if there are more investors, I'm afraid that they won't be able to come up with enough money, and Yu Wenfei's follow-up plan needs a lot of money to support.

The project in his hand that can gather a lot of money is now on Facebook.

Knorr's side had just started paving, and it was far from mature, and the project was not suitable for financing.

Mr. Hu blinked his eyes, a little confused, follow-up?

He thought hard for a while before he remembered what co-investment meant, after all, he was not a professional investment company, and he didn't have much contact with these terms.

Obviously, the main investment is the one who gets more money, and there may be more than one follow-up investment, that is, several companies each make a little money, the main investment eats meat, and the follow-up investment drinks some soup.

He doesn't understand, he wants to invest 500 million!

With so much money, you can only follow the investment?

So how much does Yuwenfei have to finance!

"Mr. Fei...... You...... What is your current valuation on Facebook?" he was a little unconfident when he spoke.

This investment in Facebook is just an idea he has been brewing, and it has not yet been professionally evaluated. But, no matter what, the gap is not so big, is it still worth billions of dollars on Facebook?!

How much is Facebook worth?

Yu Wenfei couldn't answer this question clearly for a while.

It is really difficult to explain the valuation of Internet companies, because it is different from traditional enterprises.

The valuation of traditional enterprises is very rigorous, how much fixed assets, how much annual revenue, how much gross profit, how much net profit, and then set the general price-earnings ratio of the same industry, you can calculate how much the company is worth.

But what do Internet companies say, many Internet companies have no revenue.

Not only does it not have revenue, but it needs to keep investing in it, and it is losing more and more.

According to the traditional investment philosophy, this kind of company is garbage, and you can't invest in it.

But over the years, more and more facts have proved that Internet companies are not afraid of losing money, Amazon has lost money for more than ten consecutive years, but it is about to lose the bald Bezos to become the richest man in the world!

Who are you going to reason with......

Internet companies look at the company's prospects, whether the technology is advanced, the market share, and the number of users!

In fact, let's be honest, how much an Internet company is worth depends on how much the investor thinks it is worth......

Even if you are just starting out, you only have a broken website, three or two employees, and no more than 10,000 users.

But you think your company can change the world in the future!

At the same time, if the investor also approves of your idea, then the valuation of your company will be high.

It is possible to directly give you a starting point from a valuation of one billion.

Look at Lao Ma's Alibaba, don't you know, when I first got Goldman Sachs' $5 million venture capital in 99, there were only dozens of employees, and I didn't even have a serious office, and I was crammed into a dilapidated house to work.

Even a year later, when SoftBank wanted to invest, Ali did not do much well, and the company was also in a mess.

That's it, at that time, SoftBank wanted to invest 50 million US dollars in him, and take more than 40 percent of the shares, which was obviously calculated at a valuation of 100 million US dollars.

And the people of Alibaba are still reluctant to ask for so much money, saying that 50 million is too much to need. In fact, it was because there were too many shares to pay, and in the end, it only cost 20 million US dollars.

That's it, a group of people at Alibaba, who think their website is valuable, and SoftBank has endorsed their idea.

In the past, why did no one from other investment companies invest money in Ali, it was because other investment companies thought that Ali was not worth anything!

............

Now Mr. Hu asked Yu Wenfei how much Facebook was worth.

If Yu Wenfei is really allowed to say it, it is estimated that that number can make Mr. Hu jump up in fright on the spot.

Because in Yu Wenfei's mind, the value of Facebook cannot be measured by money!

Many of his plans will revolve around Facebook, which will be the core of the first phase of his career.

Without Facebook, nothing else would have been possible.

So, if he could, Yu Wenfei would say that Facebook is worth more than 300 billion dollars!

Why is it more than 300 billion US dollars, because in this year, Microsoft is the most valuable technology company by market capitalization, with a market value of more than 290 billion ......

Obviously, in Yu Wenfei's mind, the value of Facebook is more than Microsoft's!

Naturally, he wouldn't say what he thought in his heart, otherwise Mr. Hu would definitely be scared and jump up, and then he would think that Yuwenfei was crazy......

"It's hard for me to say what the valuation is, but I will find a professional company to do an appraisal when I raise funds after the year. However, Mr. Hu is mentally prepared, and it will definitely not be less than 5 billion. ”