Chapter 209: Ambush

readx;? Chapter 209: Ambush (II)

When you are at a turning point in history, you don't realize that you are standing at a turning point in history. Pen, fun, pavilion www. biquge。 info/qΞ’5、

This is a famous quote that jumped out of Su Can's informative brain and didn't know who said it, but now, Su Can understands that he is now at this most important turning point.

He faced Gao Heng. Perhaps the most formidable opponent he's ever faced.

Gao Heng faced Su Can's vigilant eyes looking up and down, and smiled lightly, "Su Can, hello." My name is Gao Heng. ”

polite, but condescending, just looking at the two of them did not stretch out their hands to shake each other, they knew that they were actually standing on the opposite side of Hongyuan. With the positions and factions of the two sides, many parties related to the two sides have collided and strangled, but so far, the two have only officially met face-to-face.

Su Can nodded, "I've heard of the name for a long time." ”

"Let's stop here," Gao Heng looked at Su Can, with a taste of being wrapped in a strong weight, "You can't play with anything up there." It is more suitable for you to be a common person in peace. "There is no outburst of xing situation that is too jilie turning his face on the spot, and there is no singing that is contrary to yang fengyin. If language represents great power, this sentence is more like a sentence from heaven. I'm afraid that if he says these words to any high-powered hero in China, it will make the other party realize the paralysis and powerlessness of the end of his second life.

Su Can looked at Zack who was wearing a hooded jacket behind Zhan Hua Gao Heng and put his hand in his pocket, and asked, "Can you explain why there are so many more people on the board of directors who have nothing to do with it." ”

Su Can's noncommittality was undoubtedly a sharp counterattack to Gao Heng's words. How many people stood in front of him, even if the two sides were on opposite sides, they didn't dare to slack off. Zhan Hua's eyes had narrowed slightly.

"It doesn't matter. Gao Heng shook his head at Zhan Hua, and then changed to an authentic Oxford English accent, "Zack, you can explain." ”

Zach said as if he were telling a very common truth, "Gao, like Moritz and Don Valentine, is an investor on this trip. Therefore, he is eligible to attend as an observer. ”

Gao Heng smiled at Su Can, "This board of directors is very important for our overall investment decision. So we were on hand to supervise the whole process, and if anything made you uncomfortable, sorry. ”

"Then why didn't I know about it in advance?" Su Can looked at Zack, and his words were equivalent to questioning.

The atmosphere of the scene heated up a little for a while.

Many people look at Zack, and when Zack, who has the monopoly on Facebook, is probably rarely questioned in person, many people subconsciously bow their heads and do their own things. Several directors and observers silently walked into the round tables in the conference hall and waited for the final decision of the board of directors.

Zack's expression changed a few times before he softened, "That's why we held a board meeting, but you weren't in Palo Alto before, and you weren't notified temporarily when you came back." It's just a board member, which I didn't think was a big deal. ”

Su Can knew what else to say at this moment. He and Zach went in two directions thoroughly, and it was unrealistic to have any illusions.

Qiao Shuxin whispered into Su Canlin's ear when he walked into the board of directors, "Don't worry, we will definitely stop the top management of Facebook from betraying the Chinese company." ”

The board, which has caused a lot of speculation, has officially begun.

There were mostly 13 or 4 people present at the round table at the venue, and the rest were a few NV students who were in charge of the venue services and MÉN staff of the Legal Department, who were in charge of relevant records.

Everyone had pens and paper, papers, and various musky paper bags in front of them, as well as business computers. In this gap, there was the sound of rustling, the men in suits arranging the buttons around their necks, and Dustin spinning the pen in his hand somewhat uninhibitedly, which made Sequoia's venture capital guru Moretz a little contemptuous, and the members of these multi-billion dollar companies sometimes did not know who they were or what they were doing.

And Zhan Hua and Gao Heng have always had the corners of their mouths upturned, waiting for the start of this meeting with an extremely delicate patience.

Su Can saw American NV kid Catherine wearing a waitress's uniform, which was a bit like a business suit, a white sè shirt and a gray-blue sè western ku. Zach took the coffee and looked down at the prepared manuscript, but immediately turned his head to look at her, he obviously didn't expect Catherine to join the board of directors in such a way, his stunned only lasted a few seconds, and then he decided not to be seen by many investors on the scene.

Catherine finally came to Su Can's side and asked him, "Coffee or tea?"

Su Can pointed to the coffee. Catherine rested on his desk, and when she withdrew her hand, she casually pressed it on his left shoulder, like a silent encouragement.

As the chairman of the board, Zach had a routine opening remark, introducing the attendees one by one, Dustin, Donald, and Jim. Then there is the introduction of Gray Lock, Meritek's observer, and then below are Don Valentan and Moretz, the father of Silicon Valley venture capital, with a light and light power, just looked around the audience and nodded, they have attended countless venues larger than this, and they have already cultivated to the point that they are not shocked. Then there are Zhan Hua and Gao Heng. Finally, the co-founder Su Can is introduced.

Charlie, an observer at Greylock, was the first to hold back his words, "You are Su Can? I have heard about Facebook China, and it is said that you have made a profit?"

Su Can nodded, "The profit is about forty million dollars a year, and this value is still growing." ”

Charlie exchanged glances with a few people around him, nodded and pouted, "Oh, that's pretty good." "Obviously, the problems faced by the United States in this year have made them worry about the risk of not being able to recover their investment, so they can't ask for the introduction of Sequoia Fund to take over.

Zach interrupted at the right time, speaking at a blistering speed about Facebook's prospects and confidence, but also enumerated the problems facing all parties at the moment. Speaking of the importance of Facebook at the moment, which requires a lot of money.

In the interval when the words were closed and everyone was talking one after another, Zack closed the five fingertips of his hands, scanned the audience with a slow and deep look, and finally fixed Su Can's body, opened the lines of his long mouth, and said, "Su, what do you think about this?"

Seeing Zhan Hua and Gao Heng sitting upright, like a tiger peeping at its prey, Su Can had an extremely unsteady feeling, such as why Zach would give him a chance to speak at this time, but he never knew where this feeling came from.

But seeing the encouraging glances of Dustin and Donald, Su Can knew that at least there were these two allies on the board of directors this time.

The arrow is ready to fly, and now it has to be sent.

Su Can got up, flipped through the first board of directors on the surface, and then said in a slow tone, " Facebook Chinese currently has 50 million registered users in China, active users up to 20 million, you can see Facebook's financial report in your hands, and the comparison of related domestic data This line from ICC Xing growth shows that Facebook Chinese is currently firmly on the throne of the first domestic society Jiāo network, our entire team also has plans in the future Finally, I would like to remind all the gentlemen present that the simplest example in related fields is that in 2001, Hong Kong Intec sold its 20% stake in the communications giant Maibei to Millard International Holdings Group at a price of $12.6 millionWith the initial investment of 1.1 million US dollars, it has obtained a return of more than 10 million US dollars in less than a year, which is already a miracle, but three years later, Millard purchased this part of the equity of Maibei from Yingda, which is now estimated to be a market value of 100 million US dollars, which proves that Yingda still underestimated the growth potential of Maibei. Now Facebook Chinese is like Mai Bei at the beginning, and if Facebook insists on selling more than 20 percent of its shares, I personally oppose this resolution. I hope you will consider the higher returns that come with holding shares for a long time. ”

After Su Can finished speaking, the venue fell into silence. Immediately, Su Can saw Dustin and Donald, who were bowing their heads and flipping through the bills in their hands, with strange expressions.

Zhan Hua and Gao Heng glanced at each other, and then the corners of their mouths slowly rose, with a smile.

Zach coughed dryly, and then faced the audience who were still suspicious, and said to Su Can, "I think Su you are mistaken, are you confused by those rumors from the outside world, Facebook Chinese has developed so well, how can we sell it, when the development of Facebook in the United States encounters resistance, Facebook Chinese can still maintain profitability, this is a miracle." We don't plan to sell our equity. ”

Catherine, who was leaning over to pour coffee for a pot-bellied observer, immediately lost her mind, and Su Can saw Dustin finish reading the proposal in his hand, and immediately looked at Zack next to him in astonishment, his face full of shock.

"I think you're mistaken. Don Valentine, who was sitting in the room, said, "Young man. We're here for the American face. ”

Gao Heng leaned over at the right time, pressed his hand on the board proposal on the table, and then said, "I hope you turn to page 55 of B2, which has a comprehensive co-financing plan for IDD Fund and Sequoia Fund, and the proposal is roughly hoping to obtain about 3.3% of the equity of Facebook with an investment of $400 million at a valuation of $12 billion." ”

The sound of flipping through the title page of the proposal was heard at the scene, and in Su Can's hand, it was still an invalid proposal to sell the equity of Facebook Chinese.

Dustin and Donald were blown away by the news. Donald is even more so than Dustin, because as the president of the Washington Post Group, who has been in the thick of all the big scenes, he knows better what this funding means.

Zach spoke out at this time, "No money means no operation, and the difference between Facebook and other networks is that he will never collapse, even if it is only for a day, the damage to his reputation is permanent and inevitable." We need this financing. ”

There was a lot of talk.

Catherine, who was obviously shocked by the news, only got the proposal to Su Can at this time and put it in front of Su Can. According to the description in the agreement, all directors and investors of Facebook will issue a part of the shares, according to the additional issuance agreement, among the 3.3% equity of Gao Heng and Sequoia financing, Su Can's equity will be diluted from 37.9% to 35.9%. It is equivalent to taking out 2% to fill the 3.3% share of Gaoheng Sequoia.

The rest, including Zach, Washington Post Group, and Axel and other co-investors, jointly diluted less than 1.4%.

At the same time, Gao Heng motioned to turn the page down again, turning to the joint proposal of Sequoia and IDD Investment, Gao Heng got up and said, "Here is a collated document, last week the members of the Three States Congress Joy Patton and Ed Markey sent a letter to the US FTC (Federal Trade Commission), asking the FTC to investigate Facebook's business activities. The letter raised objections to Facebook's collection of user information, arguing that the real data of a large number of government workers and employees working for sensitive companies in the United States could be stolen by third parties, and even accused Facebook of using technology that allows Facebook users to send messages even after logging out. You can also see a lot of allegations."

Gao Heng talked eloquently, showing that the plan was thorough and detailed, and all the investors present, except for Su Can, Dustin and Donald, everyone present knew the direction of the board of directors.

"So we propose that in the Facebook board of directors, the appointment of co-presidents will be abolished, and Mark Zuckerberg will be the sole chairman and CEO of the company, responsible for the operation and management of the core of the entire company, personnel power, and the original co-president Su Can will propose to give the title of vice president of new product development, and no longer have any direct management of specific departments and important affairs of the company. ”

Gao Heng's words are like knives, and more fierce offens have come one after another, "At the same time, we also propose that the reorganization of the board of directors of Facebook in the United States will be revised from the previous five-member board system to a six-member board of directors." The specific candidates for the sixth director will be jointly recommended by Sequoia Fund and IDD Investment. ”

"No, I can't. Su Can's pupils suddenly constricted, and his voice sounded.

"If it is for the development of American Facebook, I can personally pay a diluted 2% equity for this in exchange for this investment" Su Can slowly stood up, looked at Zack, word by word.

Although Zach and Su Can looked at each other, they didn't dare to look directly for the first time.

"But I absolutely disagree with this structure, which would fundamentally shake the authority of the five-person board system. ”

-for-tat.

"Then I propose that Su Can be removed from his position on Facebook's board of directors immediately, and he will no longer be a member of our board of directors. Gao Heng turned his gaze to Mark Zuckerberg at the right time.

With a bang, Catherine's kettle fell to the ground.

Everyone understood that this was an ambush, an outright ambush, using the information of selling Facebook Chinese equity to bring Su Can to the United States, when Su Can and all the Jing forces of his team were campaigning against the sale of shares in domestic companies, the real purpose was to use this board of directors to expelle him from the American Facebook board.

This founder is being kicked out of the face in this way.

Zach frowned, his freckled face and yellow curly hair were a mess, as if to show his inner struggle at the moment, and finally he sighed, faced the entire board members, and said, "Let's vote." ”

"Axel Company, Jim. Zach was unbothered by this and muttered.

After hesitating for a while, Jim said to Su Can, "I'm here, and I can hear all kinds of news and information about Zach all the time. But Sue, do you know how much I can hear about you?" after a pause, Jim continued, "less than one percent of Zach's. But after today, you'll be in the spotlight, sorry. ”

Then he raised his hand.

Donald looked at Su Can, and finally raised his yes vote in his apologetic eyes.

Tragic, but helpless, personal emotions can never control such a situation.

"Dustin, are you supporting me, or are you supporting Sue. Zach looked at Dustin at the end.

The shock on Dustin's face that had not yet dissipated gradually turned into sadness. Then he slowly raised his hand.

The meeting was not decided so hastily, and after that, there were several times when there was a lot of sawing quality. The board of directors resolution meeting was held intermittently, and the two sides stated and opposed.

At the moment, the company's headquarters, which has 500 employees outside, is silent about the news. The co-founder at that party is probably going to leave the company from now on. Whether or not they co-founded the American Facebook is the path they will eventually take.

The last statement was that Qiao Shuxin broke in, but was stopped by the guards. He took his resignation letter with him, then turned to the head of the Human Resources Department.

The final resolution of the board of directors came out: revoke Su Can's status as co-president, he will no longer be a member of the board of directors of Facebook, except that his stake in Facebook cannot be shaken, he has completely severed his connection with Facebook in the United States.

Everyone knows that the news released by Facebook's board of directors will eventually cause a sensation throughout Silicon Valley, and the newspapers that report the news will be released like snowflakes.

Mén, Facebook's legal department, finally notified Su Can, who was in the waiting room, of the final decision. Su Can's face was so calm that it didn't look like this ambush had happened. After receiving the last notice, Su Can walked out of the waiting room, and saw Zack sitting at the far distance between the countless grids at the end of the hall, he sat silently, without saying a word, and quietly looked at Su Can at this end. Lake Blue Sè's eyes were full of sadness.

Su Can silently stepped forward, and the people around him who were Chinese, black, Vietnamese, Indian, and other people of different races all looked at him, and as he walked along, the crowd stood up one after another like chΓ‘o water.

The scene is as spectacular as a Harvard sorority.

Countless people are looking at Mark Zuckerberg in the position of president, he is currently the only president, the only king.

Su Can casually picked up the Apple laptop on a table next to him. Several guards around walked over, and Li Pengyu immediately stopped the three big men behind. One palm pressed against one of them, and the other hand was a false finger to defend the crowd, so strong that no one dared to cross the thunder pool half a step.

Su Can slammed the notebook on the desk in front of Zack, and a loud bang echoed through the hall.

Countless people were silent amid the flying apple keyboards and glass shards, and many others covered their mouths, Zach got up and took a step back in the mess, pursed his thin mouth, and looked at Su Can with a little panic in his eyes.

Su Can's face was surprisingly calm, "We used to play war games together in the dormitory, we drank butterbeer in the winter, we created faces, brought together many people, formed an influence, and thus hoped to change the world around us. That's what you give me in return?"

Zach was speechless and concluded, "At least you still have a stake in the second largest shareholder, and that will never change." With this financing, your net worth will be nearly $4 billion. ”

"But I lost my face" Su Can paused, "We will no longer be friends, and I will have nothing to do with you again!"

turned around and faced Zhan Hua and Gao Heng next to him. Zhan Hua lit his cigar, shook his head and said, "I once reminded you that I appreciate you, but don't forget, I can also destroy you with my own hands." ”

Gao Heng looked at Su Can, then slowly spoke, and smiled, "I said before, it's best to be your xiǎo common people." ”

Su Can's pupils shrank, he squinted at the two of them, and said word by word, "Please remember all this today, and I will give you something in return." ”

Then he turned around and walked towards the entrance of MΓ©n, and several guards blocking the road were pushed away by Li Pengyu left and right, making way for a gap, and all the employees in the company collectively watched the king's departure in silence, and then the cracked crowd closed behind him. In the end, the eyes of the public focused on the freckled man at the top of the hall.

Extremely lonely.

========================

I thought the impact wouldn't be too high, and I thought everyone wouldn't vote anymore, thank you for hearing my voice!

I'm going to eat something now, I'll continue to struggle for a while, and I'll continue to have three more, and I'll continue to have three more.

Ask for a ticket! Ask for a ticket!

Can you still be more affectionate?

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