Chapter 1204: Facebook Finalized!

When Mark Zuckerberg found out that all the domain names related to Facebook had already been registered by Li Mu, his heart, self-confidence, and even his three views collapsed at this moment.

Before this moment, Li Mu was a beacon, a godfather, and a mentor in Mark Zuckerberg's eyes, and after this moment, Li Mu was a god in his eyes, a real god.

And Mark Zuckerberg, like the Monkey King in the palm of the Buddha's hand, can't escape from the shroud of the gods at all.

Mark Zuckerberg could never have dreamed that Li Mu, as a reborn person, had already known his future development path, and set up a card to intercept him in advance, he was like someone using mind reading to read out the deepest thoughts in his heart, so the shock to Li Mu was indescribable.

It took Mark Zuckerberg a long time to adjust from the shock, and he threw himself into the five-body body that Li Mu had admired, and asked him: "Mr. Li, do you already have the same product plan as me?"

Li Mu nodded unceremoniously and said with a smile: "I have long had the idea of Facebook, but I have not had the time and energy to do it, after all, it is not a very urgent project for me to start for the time being, but I didn't expect that the two of us could think of going together, since you also have this idea, then I can rest assured and boldly hand over this project to you to do." ”

It was originally Mark Zuckerberg's original project, but in Li Mu's mouth, it meant his original project, and then he authorized this project to Mark Zuckerberg.

Mark Zuckerberg didn't feel anything unusual, on the contrary, he was extremely touched by Li Mu's generosity.

Because, for Mark Zuckerberg, his only advantage is the idea of the product, but Li Mu made him mistakenly think that his only advantage is also worthless in front of Li Mu, Li Mu has money, team, resources, and Facebook's product ideas, in this case, Li Mu can develop it by himself, and there is no need to hand over this project to a young man like himself.

However, Li Mu can do it himself, and he also gave this project to Mark Zuckerberg, which makes Mark Zuckerberg have a feeling of dying for his confidant, and he just wants to do his best to do a good job of the Facebook project at the moment to repay Li Mu's generosity to himself.

So, Mark Zuckerberg said very solemnly: "Mr. Li, if you really give me this project, I will do my best to do it best!"

Li Mu nodded: "OK, you will be fully responsible for the Facebook project in the future!"

After that, Li Mu threw out his offer and said: "I still contribute 5 million US dollars, accounting for 49% of Facebook's shares, according to the valuation I gave you before, but I also have one request, that is, I want to use my external fund to account for 10% of the shares, and similarly, my external foundation will contribute 1.02 million US dollars according to the valuation, and the remaining 41% of the shares will be owned by you personally." ”

Mark Zuckerberg was dumbfounded, and looked at Li Mu dumbfounded: "Mr. Li, this is your project, your money and your domain name, why can I get such a high stake......

At this time, Mark Zuckerberg, all his pride and self-confidence have basically completely surrendered to Li Mu, and he no longer sees himself as an entrepreneur with ideas to pull investment, so 41% of the shares are a bit scary for him.

Li Mu estimated that if he proposed to reduce Mark Zuckerberg's shares to less than 30% at this time, he would not hesitate to agree.

However, Li Mu did not do so.

He doesn't want to take a stake out of Mark Zuckerberg's hands, he just wants to have enough control over the future of Facebook so that it can be his next superproduct.

Mark Zuckerberg didn't dare to accept Li Mu's 41% stake at first, but because Li Mu resolutely did not reduce his share in any way, Mark Zuckerberg gratefully agreed to Li Mu's offer.

Subsequently, Li Mu began to have more in-depth discussions with Mark Zuckerberg.

In addition to the distribution of shares, Li Mu, as an investor, has many other needs, including how to ensure that Mark Zuckerberg is tied to the project, and how to ensure Mark Zuckerberg's actual interests.

First of all, Mark Zuckerberg, as the leader of the project, must promise not to voluntarily leave the Facebook project for five years, and his 41% stake will be paid in installments over a period of five years and 60 months.

In other words, for every month he stays in the Facebook project, Mark Zuckerberg can get 0.68% of the shares, and if he wants to leave after ten months, then he actually gets only 6.8% of the shares;

Secondly, if Mark Zuckerberg wants to leave Facebook before the expiration of the five-year period, then the shares he actually gets cannot be exercised freely, and Li Mu personally and the funds established by Li Mu's three companies have the right of first refusal, and the purchase price is calculated according to the valuation of the latest financing;

For example, if Mark Zuckerberg only stays for ten months and wants to leave, and the company does not carry out a new round of financing in these ten months, he actually gets 6.8% of the shares, then the 6.8% will be cashed out to him according to the initial valuation of $10.2 million, Mark Zuckerberg can only actually get nearly $700,000, and the other shares will all be recovered by the company;

Thirdly, Mark Zuckerberg can get all 41% of the shares after the five-year period, and if there is financing dilution, his 41% will also be diluted year-on-year;

Finally, if Mark Zuckerberg wants to leave Facebook after all the shares are acquired, and Facebook is not listed at that time, then his shares will still be preferentially acquired by Li Mu and Li Mu's fund, and the price will still be calculated according to the valuation of the most recent financing;

If Facebook had been listed at that time, then Mark Zuckerberg's shares could be exercised freely in the market, but as a shareholder, he was responsible for the overall development of the company, so his shares could not be reduced and cashed out at one time, so as not to impact the company's stock price, and his shareholding reduction would also be carried out in five years, and he could reduce his holdings by 20% per year, of course, he could also choose to continue to hold them without reducing them.

Li Mu's set of rules for Mark Zuckerberg to acquire, cash out and reduce holdings of shares is basically in line with the play of the entire capital market, and for most capitalists, Li Mu's plan has been very fair and benevolent, ensuring that Mark Zuckerberg can get all the shares as long as he stays in Makino Technology for five years, and also ensures that he can get the return he deserves anytime he leaves in between.

Investors who can do this are very rare, and in the seemingly sophisticated Internet industry, there are no fewer cases of cheating and abduction than other industries, and even in this industry, integrity and character are trampled on more thoroughly.

In the history of the Internet, countless successful bigwigs have shame on the "stain" of partners, when they start a business together, everyone is a good brother, once the business is successful, everyone immediately draws a knife to see each other, in this industry, once you see money, human nature is immediately exposed to the fullest.

Some people go back on their word, some people unload the mill and kill donkeys, some people are treacherous, and even some people eat inside and out, stab knives in the back, dirty things are just commonplace in the Internet industry, and in almost every successful project, there are core members whose interests are sacrificed, exploited, and mistreated.

The phenomenon of success is very common in the Internet capital circle, whether it is Steve Jobs or Mark Zuckerberg, there will inevitably be such a stain in their development history, Li Mu is relatively a gentleman in the Internet industry, all those who cooperate with him, as long as they do things according to the requirements, they will be able to get due returns.

Mark Zuckerberg almost immediately agreed to a series of requests from Li Mu.

For him, it is already a pie-in-the-sky thing that such a project can get such a share and such treatment, so he has no opinion on Li Mu's offer.

Li Mu then immediately asked Li Ziwei to contact his capital expert Ding Zhenglin, and asked him to set up an investment fund in China as soon as possible, and Muye Technology, Taobao, and Alipay jointly invested one billion yuan in a 4:3:3 way to invest in the Internet industry in the future, and the first investment project was Facebook.

At the same time, Li Mu asked Lin Qingya to arrange a special person to register Facebook in the United States with Mark Zuckerberg, and as long as the company was successfully registered, Li Mu would immediately inject capital into the company.

After Li Mu arranged everything neatly, Mark Zuckerberg asked Li Mu: "Mr. Li, do you think it is necessary for me to suspend school immediately?"

Li Mu shook his head and said: "Don't be in a hurry to suspend your studies, don't forget your development orientation for Facebook, start from colleges and universities in the early stage, if you have already left universities, then you will lose the best promotion identity, so I suggest that you continue to stay at Harvard, do a good job in the first phase of Facebook, after the first phase is completed, if the time is right, you can apply for a leave of absence and devote yourself to the Internet industry." ”

Mark Zuckerberg immediately agreed: "I listen to you!"

Li Mu waved his hand and said: "Once the project starts, all the plans, rhythms, and budgets are set by yourself, after you set it, you only need to give me a plan, let me know your plan, I will not interfere with your plan until the last resort; Write down your valuation and financing goals, and then I will arrange for professional personnel to come in and do financing due diligence, which will be completely in accordance with the formal financing process. ”

Facebook is an extremely large project, and $6.02 million can't push the project too far, so it is bound to carry out round after round of financing, diluting equity to obtain cash, while improving performance and increasing market value.

Since it is necessary to raise funds, whether it is Li Mu's own investment or external capital investment, shareholders have to dilute their equity, but if Li Mu invests himself, his own equity can avoid being diluted, on the contrary, he can also increase the equity share he actually controls through the reasonable dilution of Mark Zuckerberg's equity, why not?

Moreover, on the road of enterprise capital development, the earlier the car, the greater the benefits. 10