617 [Strong mature children]
Later, there was a movie called "The Social Network" in the United States, which was based on Zuckerberg. In order to create a "sense of reality" for the movie, the director has restored various details, and even every piece of clothing worn by the actor is the same style that Zuckerberg once worn.
However, the archetypal characters of all the characters in the play said in interviews that they were ridiculous, and the plot of the story was basically made up.
Moskowitz, who is downplayed in the film, is currently the only employee of Facebook. Of course, you could also say that he was the founding shareholder, because Zuckerberg couldn't afford to pay a salary, so he gave his roommate Moskovitz a 5% stake, and then asked the roommate to do campus promotion and help write code.
Facebook was able to go beyond the Harvard campus and become popular in more than a dozen colleges and universities in the United States in a short period of time, which must have been greatly attributed to Moskowitz.
As for Zuckerberg's other roommate, Chris Hughes, the dude later insisted that he was the co-founder, portrayed as a programmer in the film. However, Hughes is neither a programmer nor a co-founder, he is merely Zuckerberg's roommate. Later, the website was too busy, and Zuckerberg couldn't afford to hire people, so he asked his roommate Hughes to help out — initially without any shares, just between friends. But when they bypassed Saverin to register a new company, Hughes offered to ask for equity, and Zuckerberg gave him a 2% stake.
Hughes's 2% stake before the financing turned into $700 million. He also used this as a springboard to join Ao Guanhai's election team, claiming to be the person around Ao Guanhai who knows the most about the Internet.
Judging from Hughes's experience, it's important to choose the right college roommate!
When Song Weiyang came to the door, Hughes had not officially joined the team, and Facebook's shareholding composition was: Zuckerberg (65%), Saverin (30%), and Moskowitz (5%).
In the café, Moskowitz kept looking at his watch and muttered, "Why hasn't Song come yet?"
"Perhaps, the big guys are going to be late. Zuckerberg humored.
Zuckerberg is still a pure sling, but unlike the description in the film, he did not sharpen his head and want to enter the Haval Phoenix Club, let alone be dumped by his ex-girlfriend who despised him because of this, and certainly did not create the predecessor of Facebook because of the loss of love. The movie is made for people to see, and the bloody dramatic conflict must be added: the sling man climbs up, starts the road of entrepreneurship after falling out of love, and successfully counterattacks as a scheming boy, how wonderful is this kind of plot!
But there's no denying that Zuckerberg does want to climb up, and there's certainly a little bit of scheming. He was sipping coffee slowly at the moment, seemingly light and light, but in fact, he was already in a hurry, afraid that the rich man from China would release his pigeons.
Last night, Zuckerberg even specifically checked the "Forbes Global Billionaires List" and found that Song Weiyang's assets were only more than $20 million different from the 50th place, but the age difference was more than 30 years. A young man who is only 28 years old almost ranked in the top 50 of the world's richest list, which made Zuckerberg feel extremely shocked, and his heart surging with a sentence: The husband should be like this!
What's even more rare is that this Chinese tycoon obviously understands the Internet very well, and took the lead in proposing the concept of Web 2.0 that makes the IT industry crazy. The market value of Sohu and NetEase, which he invested, soared by more than 30 times last year, and Google, which he invested, will soon go public. Now he has taken a fancy to his Facebook again, which shows that his website is very promising, and he may not be able to become the next Sohu, NetEase and Google!
"Is that him?" Moskowitz said, pointing to the door, confused, "Asians all look the same in my eyes." ”
Zuckerberg stood up, took a step and retracted, carefully adjusted his expression, smiled and waved, "Hey, Mr. Song, we're here!"
Song Weiyang walked over unhurriedly, shook hands with a smile and said, "Hello, I'm Song Weiyang, and this is my assistant Shen." ”
"Hello Mr. Song, I'm Zuckerberg, and this is my buddy Moskowitz. While Zuckerberg spoke, he also smiled politely at Shen Si and nodded, and even glanced at the two bodyguards behind Song Weiyang.
Moskowitz's personality is very lively, and he shook hands with Song Weiyang and said: "Mr. Song, that Chinese website called Renren is really amazing, and we have been inspired a lot. If the negotiation goes well, we hope that Renren can send an employee over to help Facebook grow and grow quickly. ”
Zuckerberg secretly stepped on his roommate, showed a smile that he thought was calm, and said, "Mr. Song, Miss Shen, please take a seat!"
Song Weiyang asked for a few cups of coffee, and asked the two bodyguards to go to the next table before saying, "Since you have browsed Renren, then you know why I want to invest in Facebook, because these two websites are very similar." This time, I came to the United States to discuss Google's listing, and I happened to find Facebook while surfing the Internet at the hotel. This kind of coincidence is called fate in China, and perhaps fate made me make this investment. ”
"I know fate, I talked to a Chinese friend who owns a Chinese restaurant at home. Although Zuckerberg was anxious, he still talked to Song Weiyang about this kind of digression.
Song Weiyang asked, "Have any investors contacted you before?"
Zuckerberg said, "Yes. Just the other day, a company called Friendster wanted to buy our website. But the other party's bid was too low, and it was a full acquisition, which is unacceptable to me. ”
"How much did that company bid?" asked Song Weiyang.
"$1 million. Zuckerberg doesn't blink an eye when he lies, and he magnifies it 10 times, which doesn't seem to be too much.
Song Weiyang smiled slightly: "After encountering Facebook, I looked up other websites and found that there are many similar American online communities. ”
"But not as good as Facebook!" Zuckerberg immediately emphasized.
Song Weiyang asked, "What is your valuation expectation for Facebook?"
Zuckerberg the Lion said, "$10 million!"
Moskowits, who was next to him, suddenly widened his eyes, because what they had negotiated before was 5 million, and Zuckerberg actually temporarily doubled it.
Song Weiyang couldn't help laughing: "Haha, little boy, are you telling me a joke? If so, I might as well go back to the hotel and watch the Oprah talk show." Or maybe it's because I'm here in person, so you think I'm imperative on Facebook?"
Zuckerberg became a little weak-hearted, but still insisted and said: "Mr. Song, only half a month after the establishment of Facebook, half of the Harvard students have signed up as members. By now, we have grown to more than 10 colleges and universities in the United States, and at this rate, we will be able to occupy all the colleges and universities in the United States by the summer at the latest. At that time, Wall Street venture capital will definitely come to the door, and they will rush to ask for a $10 million valuation!"
"But now, Facebook hasn't developed to that scale," Song Weiyang said thank you to the waiter, picked up the candy cube and said, "There can be a lot of accidents in a few months, for example, I can come up with 10 million US dollars to send people to the United States to set up a social networking site, the content belongs to the combination of Renren and Facebook, I believe it will develop faster than Facebook! Do you still have money?" If you want to develop Facebook into colleges and universities across the United States, I'm afraid you won't even be able to come up with the funds to rent a server. ”
Zuckerberg couldn't help but sit up straight and asked, "So, how much does Mr. Song think Facebook is worth?"
"It doesn't matter how much the valuation is, I will invest $1 million and give me 30% of the equity," Song Weiyang asked with a smile, "Am I very generous?"
Why only 30% equity?
Because it was an angel financing red line, a lot of bloody facts told investors that financing more than 30% of the shares would die a miserable death. The higher the stake in the first round of investors, the more it will affect the subsequent financing, because you have to leave some profit margins for the newcomers, and at the same time, you have to leave enough equity for the founding team to motivate employees. In addition, the evaluation of the project is not necessarily accurate, and it is the right thing to do to invest less money and cast a wide net.
Song Weiyang invested in Sohu and Google and won a large amount of equity in one go, because the entire Internet environment is extremely crazy, and there is also the foresight of the traverser in it. If it were after the bursting of the Internet bubble, Song Weiyang alone would have taken so many shares of Google, and Sequoia Capital would be a fool to come to raise funds.
Now that the era of madness has long passed, if Song Weiyang eats more than 30% of Facebook's shares in one go, it can almost be judged that Facebook is dead, because no latecomer is willing to continue to invest money. At that time, Song Weiyang could only keep throwing money into it until Facebook was unstoppable!
There is also a reason why other shareholders of Google have joined forces to suppress Song Weiyang, just because Song Weiyang was too ugly at the beginning, and he won too much equity in the seed round investment.
Zuckerberg calculated, frowned, and said, "It's too little." ”
Song Weiyang smiled and asked, "I want too few shares?"
"It's too little valuation!" Zuckerberg was a little annoyed.
If it had been a month ago, Zuckerberg would have been very happy because he didn't have faith in Facebook, and he even opened another website at the same time. But now it's different, Facebook is gaining momentum, and if it continues, it will definitely wait for Wall Street venture capital.
Or because there is no money, the rent of the server is almost impossible to pay, otherwise Zuckerberg will directly choose to refuse.
Historically, it was Saverin who poured another $10,000 in pocket money to get Facebook through the financial crisis. Just five months later, Facebook was valued at $5 million, and Saverin's stake was diluted without his knowledge. Of course, Saverin was not born angry, and before that, he directly froze the company's account.
What happened was probably like this, at the beginning, Saverin was more active, investing in the company, looking for a house for the company, and looking for a president. But then he was admitted to business school for further study, and got an internship at a large company on the West Coast, so he began to ignore Facebook and disappeared at the most critical moment of the company's development.
This made the other three shareholders angry and directly created a new company, kicking Saverin out of the founders. But Zuckerberg is still quite authentic, the new company still retains Saverin's equity, but Saverin directly froze the old company's account, so that the new company almost collapsed due to lack of money.
Zuckerberg pondered for a long time and said, "How about I just need $500,000 and give you 20% of the equity?"
"Are you really good at negotiating, are you taking the initiative to bargain for me?" Song Weiyang couldn't help laughing, because Zuckerberg's words made Facebook's valuation even lower.
But at the same time, it also proves that this little friend with a horse face is very assertive about the development of the company, and would rather ask for less money than hand over more shares.
Zuckerberg finally lifted his disguise and said, "Mr. Song, Facebook is really short of money right now, but I only need $500,000 to be enough, and you want too many shares." If you can't accept it, then I'll give up this financing. ”
Song Weiyang said: "So be it. I still invest 1 million, and you give me 25% of the shares. ”
Moskowitz couldn't resist the temptation at first, and quietly pulled the corner of Zuckerberg's clothes, suggesting that the roommate would accept it when he saw it, so as not to end up with a chicken and a flying egg.
Zuckerberg struggled for a while, and finally said: "Thanks to Mr. Song's financing, I don't think you will regret it, Facebook will definitely be able to make the No. 1 online community in the United States." ”
"Well, happy cooperation!" Song Weiyang said with a smile.
Whether it is Google or Facebook, Song Weiyang does not plan to hold it all the time, but he will definitely wait until it grows to a sufficient scale to cash out a small part year by year. Or, to put it more simply, directly exchange the equity of these two companies for the equity of other companies in the United States.