Listening to Tang Jun's statement, Xu Tingting can already roughly think of what brilliant achievements Gu Heng will achieve in the end of the Internet empire created in China.

It is true that the leading Internet companies in the United States today have a market value of tens of billions of US dollars, which seems to throw the domestic Internet companies far away, but this is only because the market here is more mature.

It is foreseeable that China, which is backed by a demographic dividend of more than one billion, is destined to usher in the day when it will shine brightly.

Perhaps Tang Jun did his homework and made persuasive remarks, or his track record at Goldman Sachs convinced the Facebook board members of his predictions about the investment market.

In the end, his proposal was voted on.

At this time, Josie, who is extremely sensitive to numbers, has a small abacus in her heart.

After this financing, although Gu Heng's share capital remains unchanged, the shareholding ratio has decreased, and it has been diluted by 10%, and the original shareholding ratio of 30% will become 27%.

And if Facebook wants to ensure a high-speed development scale, 2005 should be the time to fully expand the domestic market share of the United States.

Since 2006, it should be launched to the international market, and by then, there will definitely be the next round of financing, and it will be a financing with a scale of 100 million US dollars. Because to enter the international market, even if there are excellent products, it is a process of starting from scratch, which inevitably requires a large amount of investment.

In this way, it is estimated that before Facebook goes public, there will probably be about two more financings, and the second round of additional 20% of the shares will be issued for financing, and Gu Heng's shareholding ratio will drop to 216%.

In the third round of financing, even if 20% of the equity is issued again, Gu Heng's final shareholding ratio can be maintained at 17.28% before the listing.

However, according to the agreement of this shareholders' meeting, Gu Heng should be ready to cash out a part of his equity in the follow-up financing, mainly in order to appropriately reduce his shareholding ratio, and reduce his holdings to about 10% before listing, so as not to touch the sensitive nerves of some people too much.

If Facebook's final market value can reach $50 billion, it also means that Gu Heng will be able to gain more than $5 billion from this investment.

With an investment of $3 million, it is expected to be more than $5 billion in return, and more than 1,000 times the investment income!

Crazy Internet, crazy capital markets.

At this moment, Josie no longer has any doubts about the blueprint of the Internet empire that Gu Heng once drawn.

At the same time, it was also at this moment that Huang Xin, who had already made a decision, hesitated.

Do you really want to give up all this in front of you and return to China to start a business?

Originally, although he was optimistic about Facebook, he never thought that it could reach the scale of Yahoo, but Tang Jun's remarks just now made him feel that it was not impossible.

A company with a development potential of five billion US dollars, he is not distressed if he misses it, after all, he does not hold many shares, it is better to withdraw now, I believe that many people will be willing to take over the shares in his hands.

But when the potential of this company rose to $50 billion, the balance in his heart was a little wavering.

If Facebook can really become a company of the level of Yahoo and Google in the future, even if its equity is diluted in a round of financing, it will hold no less than 2% of the equity when it goes public.

The market value of 50 billion is one billion dollars.

If you choose to return to China to start a business, can you achieve such an achievement?

It's a dilemma.

…………

"Guys, this is going to be a tough choice for the company. ”

On the other side of the ocean, in Huaguo, a company called Jingdong in Zhongguancun, a young man who is not amazing, uses a Mandarin with a strong local accent to have a conversation with several senior managers who have worked hard together for several years.

I have to admit that this era of drastic change has indeed made many people take advantage of the situation, and they didn't understand e-commerce before and only knew how to use buckles, but now Liu Qiangdong, who has changed to YY, is one of them.

He was born in a rural area, graduated from the National People's Congress in more than nine years, and entered a foreign company, with a salary that many people envied at that time. In the end, because his girlfriend's parents disliked his rural background, he gave up his good job in a foreign company at that time, took the more than 10,000 yuan he had saved, and started a business.

From a small store in the early days, starting from reselling disks, to becoming an agent for many enterprises, he spent three years in 2001 and saved the first million in his life.

By 2001, it began to imitate the chain model of Gome Suning, and changed from agency to retail.

This young man from the countryside, relying on his own ability and ability, grew his business step by step until the SARS epidemic that swept the country in 2003......

That was the first big hurdle in his entrepreneurial career, the panic caused by SARS caused the store's business to plummet, and the backlog of inventory could not be sold, but it had to bear high operating expenses, and it seemed that it was in danger of going out of business at any time.

To add insult to injury, his girlfriend also broke up with him because of the family's opposition.

But thankfully, SARS didn't last long, and he finally survived. It was also during that period when everyone was so dangerous that he didn't dare to go out, he tried to sell products online through online forums, and also entered a new door.

Now, in 2004, with the gradual decline in the profit margin of the store business and the gradual increase in the proportion of online forum sales, he made a very risky decision to do e-commerce!

From only knowing how to use buckles in the past, to realizing the rise of the Internet, he has developed an unprecedented obsession with the Internet.

YY and Renren, where he occasionally interacts with forum buyers, were created by a young man in his twenties, and it took only three years to start from scratch and then to dry down the buttons that once occupied the computer desktops of tens of millions of netizens.

Ma Yun, who is engaged in online sales, has been injected by the international e-commerce giant Ebey, and Ma Yun, who is engaged in e-commerce, has transformed from B2B to C2C, created Taobao, and is now beginning to become famous......

This kind of news stimulates his nerves, if others can do it, why can't I? Why can't I move my products to sell them online?

After this idea was born, it haunted him like a spell, making him want to devote himself to the e-commerce industry. He realized that if he didn't enter, it would be too late.

However, the current scale of Jingdong restricts him, and he cannot fight on two fronts, so he must make a trade-off. If the focus of future sales is put on the online, it must be a process that requires a lot of investment, and the offline chain operation must make way for the development of the online.

This is a difficult choice, he is a child from an ordinary rural family, and he has paid too much bitterness and sweat to this day, whether to take risks again and give it a go, he is also a little apprehensive and uncertain in his heart.

Eventually, in this small meeting, he made a decision.

It wasn't all support, but when someone objected, he felt unwilling.

So, he understood what he really wanted, and that was to let it go.

In 2004, China's economy was still advancing rapidly and steadily, and the development of all walks of life was changing with each passing day.

Such an economic situation has allowed a large amount of hot money to pour into all walks of life, including a large amount of international capital, which faintly indicates that the economic situation in the coming year is favorable.

Also at the end of 2004, Hengchuang has set the advertising investment plan officially launched, the invitation letter has been officially issued and received the response of hundreds of well-known domestic enterprises.

Gu Heng intends to complete this plan before the end of this year, because he has to prepare enough start-up capital for the upcoming big bull market next year.

It's just that there was a little bit of a situation in the advertising investment plan when the venue was finalized.