Chapter 880: Too Much Divergence

After listening to Lu Qi's words, Sergey and Larry Page didn't know how to answer for a while.

Because it's all public data, everybody knows it, and you can't just answer randomly.

Facebook's market value on the NASDAQ is as high as $40 billion!

And that's just the market value of Facebook's mainland company, compared to the value of Facebook's North American company, you say it's worth 5 billion US dollars, 80 billion US dollars, isn't that a joke?

Don't say that the international version of Facebook has just started, and it is not as stable and mature as the mainland version of Facebook.

As for the data of the international version of Facebook, everyone here is also aware that the number of registered users has reached 50 million, and there are more than 20 million daily active users.

Such data was obtained only in a short period of two or three months.

Give Facebook International another year, no, as long as half a year, what kind of company will it grow into?

For such a unicorn company, do you mean to open a valuation of 500 billion 8 billion?

Sergey and Larry Page are still relatively young and thin-skinned after all, so they are embarrassed to answer this question.

Ballmer was still more sophisticated, he laughed, stretched out his finger and shook it.

replied: "Mr. Lu, you have to distinguish a little clearly.

That is, the Chinese version of Facebook is growing in the mainland market, while the international version of Facebook is growing in North America and Europe, and the environment is different.

In the mainland market, there is no doubt that your Facebook company has a dominant position in the Internet industry!

But in North America and Europe, do you think it will be easy for Facebook to grow?

Without strong strategic investors like Microsoft or Google, the future of Facebook's international version is, IMHO, not very optimistic. ”

These remarks, on the surface, explain the difference between the two companies in mainland China and North America on Facebook, but in fact, there is a hidden threat.

What Ballmer means is that Facebook is originally a Chinese-funded company, and naturally there are not too many external factors to develop in the mainland.

In addition, there are many Facebook companies, so it has been able to develop smoothly and grow to the current size.

But the international version of Facebook, although it performed amazingly at the beginning, it was also based on the foundation of Facebook games.

If it goes any further, Facebook won't be able to help it.

Moreover, Europe and the United States are different from Chinese mainland, you are an outsider, do you really think that you can do business casually in our land?

If we don't let Microsoft and Google take a stake, there will be a lot of trouble in the future!

…………

Lu Qi's face sank, obviously hearing the meaning behind Ballmer's words.

He turned his head slightly and looked at the few bigwigs from the head office sitting next to him.

Yu Wenfei's face was calm, and he was drinking coffee to himself, as if he didn't care that this was a major business negotiation at all.

Fang Zhiyan, Xue Chunlai and others, every time they raised their heads, they were all looking at the information.

Here's a detailed recent look at Facebook's North American company.

Only Cai Congxin, who was listening carefully to the negotiations between the two sides, saw Lu Qi looking over, just smiled slightly and nodded to him.

Motioned for him to continue.

"Mr. Ballmer, please note a little as well. That is, in Europe and the United States, there are many powerful technology companies, and we have a lot of choices. For example, my old employer, Yahoo, was actually a good choice. But Facebook, there's only one!"

Lu Qi fought back without humility or arrogance.

At this time, Sergei interjected, and he said with a smile: "No, no, Mr. Lu, Yahoo is not a good choice. You've been there for a long time and you should know better than we do that the days of Yahoo are over!"

Lu Qi's expression froze.

Sergei was right, the days that belonged to Yahoo have passed.

That is, he saw this clearly, so Lu Qicai came out of Yahoo and came to Facebook North America as president.

"Even if Yahoo doesn't have the power it used to be, it's still a powerful internet company that can provide no less than Google's Internet traffic to Facebook's international version. In addition, non-Internet companies such as IBM are actually very good. Even e-commerce sites like Amazon are mutually beneficial to work with Facebook. ”

Not to be outdone, Lu Qi said.

Sergei shrugged his shoulders and spread his hands, although he did not refute, the meaning was obvious.

Ballmer came out to play the round again, and he asked with a smile: "In that case, why don't you tell us your psychological expectations?" Mr. Lu, how much do you think your Facebook international version should be valued?"

Regarding the valuation of Facebook's North American company, Lu Qi naturally communicated with Yu Wenfei.

Everyone also had a preliminary opinion.

Lu Qi opened his mouth and replied: "No less than 12 billion US dollars!"

With 50 million users and more than half of the daily active users, Facebook International is worth the price!

Of course, if you just look at the current figures, $12 billion is really high.

But don't forget, as Lu Qi said earlier, Facebook already has a very successful template first.

As long as you don't make big mistakes, the development trajectory of the international version of Facebook will not be much worse than that of the Chinese version of Facebook.

Moreover, the growth potential of North American companies in the future will be higher than that of domestic companies!

From this point of view, $12 billion is not so high, but a reasonable price.

No company, when valuing, can not be measured solely from the available data.

Of course, the available data is a very important reference.

However, each company has different prospects and space for future development, so this factor should also be taken into account when valuing.

Ballmer and Sergey deliberately ignored this growth space and development prospects, and only looked at the current data!

Of course, they also have their reasons.

That is, the future growth of Facebook's international version may not be as good as the existing shareholders of Facebook imagined......

…………

Hearing the figure of 12 billion US dollars, Ballmer, Sergey and Larry Page glanced at each other, and all three shook their heads slightly.

Apparently, they think the price is too high.

Negotiations, that's it, one side is desperately raising the price, and the other side is inevitably desperately trying to lower the price.

The two sides continued to negotiate and make concessions to each other, until a balance was reached and a price acceptable to everyone was negotiated.

The negotiations were declared successful.

Of course, there will also be situations where the gap between the expectations of the two sides is too large and the talks are never reached.

At that time, naturally, the negotiations failed.

Now, the price proposed by Lu Qi is a bit different from the price they want from Microsoft and Google.

"Well, let's talk about it today, and you can go back and think about it again. Tomorrow, two new friends will come over and we will talk again. ”

Yu Wenfei suddenly spoke.