Chapter 882: Final Word

Yu Wenfei stood up, smiled and said, "I'll introduce it to you." ”

As he spoke, he reached out and gestured to one of the tall, ruddy, blond men in his fifties.

Mr. William Rhodes, Senior Vice President of Citigroup, Vice Chairman of the Board of Directors and Senior Vice President of Citibank. ”

Ballmer naturally knew William, and this was mainly introduced to Sergei and Larry Page.

Then, he stretched out his hand and gestured to another emaciated man in his sixties with gray hair.

"This is Jim Walton, and when you hear his last name, you don't need much introduction. ”

Jim is the youngest son of Walton Sr., and he is in charge of the vast majority of the family's privately owned businesses.

He is a financial genius and CEO of Arvest Bank, the largest bank in Arkansas.

This investment in Facebook is a private investment belonging to the Walton family, so it is also Jim Walton who comes forward.

Ballmer suppressed his shock, smiled and came over to greet William Rhodes and Jim Walton.

"Hey, two, I really didn't expect you guys to come too. ”

On the other side, Larry Page and Sergey, after listening to Yu Wenfei's introduction, were even more surprised.

Citibank and the Walton family, what they stand for in the United States, they also understand very well.

Yu Wenfei, how did you pull these two forces over?

It seems that this time the matter of investing in the international version of Facebook is not as simple as imagined!

After greeting each other, everyone sat down again and began today's negotiations.

Because of the new intending investors, Lu Qi started yesterday's process again.

Said seriously: "The two new additions are both investment veterans, so I'll be brief." For the valuation of Facebook North America, our floor limit is $12 billion, a price that whoever can accept it will get the right of first refusal. As a reminder, we will only release a maximum of 40% of the shares in this financing. ”

Facebook North America, Inc. is a company that is fully funded and provides technical support by Facebook Continental.

Although it is completely independent in terms of finance, personnel and administrative power.

But before that, it was still 100% owned by Facebook's mainland headquarters.

The shareholders are those shareholders of Facebook's mainland headquarters.

The introduction of new strategic partners in this financing is a share expansion financing, and all the funds obtained will also be invested in the operation and development of Facebook North America.

The base value is $12 billion, accounting for 60% after the share expansion.

That is to say, this time the financing will be as high as 8 billion US dollars!

After the share expansion and financing, the total value of Facebook North America will be as high as 20 billion US dollars, just like a giant company!

Therefore, the contacts are all industry giants, and the general companies do not have the financial resources to participate.

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

After listening to Lu Qi's offer, Ballmer and Larry Page were silent, waiting to see what attitude William Rhodes and Jim Walton had.

William Rhodes was the first to speak: "This price is relatively reasonable, before coming, our investment banking department has also conducted sufficient research, and the valuation of your company is still recognized." ”

Jim Walton also smiled slightly and said: "Before coming, Rob told me that for Yuwenfei's company, no matter what price he quotes, it is okay to invest boldly and boldly." And then you're going to hold those shares firmly and wait ten or even twenty years. Then you will find that these investments will bring you great wealth. ”

The Rob he is talking about is his eldest brother and the current helmsman of the Wal-Mart empire.

The last time Yu Wenfei acquired IBM's personal computer business unit, he went to visit Rob, and the two had a long talk.

Afterwards, when Rob mentioned Yu Wenfei, he was also full of praise, thinking that this was an unborn business genius.

This time, when Facebook North America wanted to introduce strategic partners, Yu Wenfei's first thought was the Walton family!

Because the Walton family is mainly engaged in industry, the financial resources are very strong, and they do not refuse to embrace the Internet industry, but there are no good investment opportunities before.

In that conversation, Rob talked about it.

Coupled with the Walton family's huge influence in North America, it is perfect to ask them to invest and become a cornerstone investor in Facebook North America!

Citibank is even simpler, and the two sides have been working together happily for a long time.

The listing of Facebook's mainland company has also made Citi a lot of money, and they will naturally not miss this opportunity for Facebook North America.

Moreover, if they are allowed to invest, when Facebook North America goes public in the future, the qualifications of the underwriters will naturally be theirs again.

And you can make a lot of money!

For Facebook North America, the benefits of introducing Citibank as a strategic partner are also very great.

Because Citibank is one of the representatives of Wall Street capital, its influence in the North American financial circle cannot be underestimated.

This is a good helper when Facebook gets into trouble in the future.

In fact, after the introduction of the Walton family and Citibank, if the average person wants to deal with Facebook, they really have to weigh whether they are enough......

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

Seeing Citibank and the Walton family so happy, Ballmer and Larry Page looked at each other.

That's a multi-billion dollar investment!

How can it be so rash?

But they weren't stupid either, and they reacted quickly.

This should be Facebook's communication with Citibank and the Walton family for a long time.

They had already negotiated the terms of the investment, but they were just kept in the dark.

Obviously, it should be that his own company is also one of the investors that Facebook wants to woo, and after becoming a shareholder, it can provide some help for the development of the international version of Facebook.

But obviously, you are not the most important thing.

Now this is the case, if you promise a valuation of $12 billion, then you can get the opportunity to invest.

If it doesn't agree, Facebook probably won't back down.

It's likely to kick yourself out of the game and replace it with some Yahoo, Amazon, or other companies.

After Ballmer groaned a little, he raised his hand briskly and said with a smile: "Since even a professional institution like Citibank recognizes the valuation of $12 billion, then what else do I have to say! ”

Seeing that even Ballmer had surrendered, Larry Page and Sergei were in a hurry.

Hurriedly said: "We also agree with this valuation......! But we don't have that much cash ....... This money will wait for us for more than a month, Google will go public immediately, and when we get the money raised by the listing, we can pay it immediately!"