"Zhang Ning, the valuation can't be calculated like this."

Buffett couldn't help but smile wryly, "Maybe Facebook can definitely reach a market value of $200 billion in the future, but at least he is not worth the price now." If Facebook wants to raise money, it can only do so at Facebook's current valuation. ”

"Well, I'm going to cut the $200 billion valuation in half, $100 billion, that's my floor price."

"$100 billion is still too high."

"Then it seems that I can only give my shares in Facebook to other investors."

"It's useless, and other investors can't accept a $100 billion valuation."

"Not necessarily."

"Haha, little guy, seeing that you are so confident, I think that you know the US capital market better than me."

"Don't dare, I'm just younger, so my mind is more active."

"Well, it seems that I may have to give up your stake in Facebook."

"It's okay, welcome Mr. Buffett, you can come back at any time. But ......"

"But what?"

"You'll have to hurry, because, probably, if you're a few steps slower, I won't have that many shares for you here."

This is the second time the two have met.

As in the first time, neither of them was in agreement.

However, the two did not have any other ideas because they did not work together, and they still respected each other very much.

……

"Boss, what's going on, is Warren Buffett willing to invest in us?"

Just returned to the company, Mark asked with concern.

Zhang Ning shook his head, "I don't want to." ”

"No, didn't you say that Warren Buffett is very interested in our Facebook?"

"Very interested, but I said that our Facebook is valued at $100 billion, and he didn't dare to invest."

"$100 billion?"

Mark almost fainted, "Oh my God, Boss, what are you thinking?" ”

"Why, Mark, do you think our Facebook is not worth 100 billion."

"No, it's not ......"

Mark was a little afraid to look at Zhang Ning's eyes, "I'm just saying that our valuation should not be worth $100 billion now." ”

"No, I think we're now valued at more than $100 billion."

"Boss, your thoughts are too wild, I can't keep up with some of them."

Although Mark studied computer science before, he did not fully understand business. But even if it's not too complete. After recently starting Facebook, Mark has more or less his own ideas about business. He admits that Facebook is very powerful and has a lot of potential. In the future, it will not even be under Microsoft, Google. However, even if there is no more potential and no matter how big the development is, the current market value of Facebook cannot exceed $100 billion.

What's more, the current Facebook network has not yet begun to prepare for profit.

"Hehe, Mark, I know you have some doubts too. However, I think that countless netizens are more prescient than you and many people. ”

"Boss, I don't understand what you said."

"Soon, you'll understand."

……

Hello everyone.

I'm Zhang Ning, the founder of Facebook, and you can call me Zhang.

It's nice to be able to say hello to you all in this way, actually, I've always been someone who likes to work behind the scenes. However, today, I have to stand up, and I want to share the honor of our Facebook network with everyone.

Many people may not know that it only took 1 month and 23 days for Facebook to spread throughout the United States from its birth to the present.

In less than two months, we have grown from nothing and expanded to the whole United States.

The whole country was shocked by our results, and countless researchers thought it was impossible, that it was the speed of the devil.

But, we did.

Although this may seem, it is indeed so incredible.

But I want to say.

Most of the credit for Facebook's rapid development today belongs to you.

It's you who support Facebook.

It's you who promote Facebook.

It's you who have been taking care of Facebook.

I would like to share with you a piece of news that experts from the outside media have previously conducted an evaluation of our Facebook network.

They think our Facebook is worth $20 billion.

This valuation surprised many experts, scholars, and professors.

At the same time, many media outlets have commented that I will become the youngest billionaire in the history of the world.

It's just that I want to say.

Their surprise is that they don't actually know anything about Facebook.

Our Facebook network was able to expand to the United States in less than 2 months, and the valuation is more than 20 billion US dollars.

I've always felt that the valuation of our Facebook network has to be at least $200 billion.

It's just that they don't buy my $200 billion valuation.

They find this valuation somewhat incredible.

But even if they don't believe me, I don't care.

Because they don't know about Facebook.

However, I believe you, our dear Facebook users.

In this world, only you know Facebook best.

Only you know the essence of Facebook best.

Only you really know what Facebook's valuation is.

I was under a lot of pressure for a while.

A lot of media, a lot of people have asked me, is Facebook American?

I am obviously a Chinese from the East, and Facebook is purely a Chinese website.

No matter how well Facebook develops and has potential, it is still a Chinese website.

Although I know that the free American people have long since abandoned racial discrimination.

However, I am still disgusted by such doubts.

In order to respond to such doubts, and to share our pride on Facebook with all users.

I'm now officially offering a 50% stake in Facebook for $50 billion.

I'm going to put $50 billion in Facebook shares in the Facebook store.

The price of the store's Facebook share is $10, and a total of 5 billion shares will be issued.

As long as you are a member of Facebook, you can buy shares of Facebook in the Facebook Store.

After purchase, we at Facebook will create an electronic share certificate for all users.

This proof is the same as the NASDAQ market proof of stake, in the future, you can sell it, and you can also exchange it with someone else.

Of course, I hope that you will always be able to keep your stake in Facebook.

In a few years, because even I can't predict whether the valuation of our Facebook network will be 500 billion or 1 trillion.

I know that after this open letter is sent, it will be questioned by many media.

However, as I said before, no matter what others say, I believe in my dear user friends.

Whether you want to become a shareholder of Facebook, whether you want to witness Facebook reach the top of the world, it's up to you.

Your dear Mr. Founder, Zhang Ning, April 2003.

This is a letter from Zhang Ning to Facebook's more than 100 million registered users.

That's right.

After Warren Buffett refused to raise money, Zhang Ning set his sights on Facebook users.

Of course, for Zhang Ning's letter, the same, once again caused a sensation in the United States.

5 billion shares, $10 per share, that's $50 billion, $50 billion for 50% of the shares.

That means that Facebook's valuation is nearly $100 billion.

That's a huge number.

Such a figure is a terrifying number, not to mention put it on the Internet, even if it is put on the US stock exchange market. Even, such a $50 billion, he will be the largest IPO in the history of the United States. However, Facebook's IPO is not in the U.S. securities market, but on a virtual Internet.

What's even more shocking is that Facebook's equity is actually sold in a virtual store like virtual goods.

The entire media was shaken by Zhang Ning's letter.

Countless media outlets, countless journalists, countless news organizations, their eyes have been stupid.

They couldn't believe that anyone would be able to come up with such a way to raise money.

I didn't expect that the object of his financing was not an investment institution, but his own users.

Shocked, incredulous, skeptical...... A series of expressions came one after another.

It's just that they can't believe it, their suspicions haven't been voiced yet, and the members of Facebook have already sued the media, and only they are the ones who know Facebook best.

$10 a share, cheap, great, I want 1 share, keep it as a souvenir. When I talk about it later, I'm still a shareholder of Facebook.

A Facebook member directly topped up $10 and bought 1 share.

"1 share is too little, it's not more than $10 to buy a pack of cigarettes, I want 100 shares."

"I buy 1,000 shares, and I believe that Facebook's market value will surpass that of Microsoft in the future."

"Since you believe it, then buy 10,000 shares. Anyway, I also speculate in stocks, what to buy is not to buy, to buy what I am most familiar with, than to buy some messy stocks that don't know what he does, which is much more interesting. ”

"Wakaka, I want to become a major shareholder of Facebook, I buy 100,000 shares."

"Cut, how can 100,000 shares become a major shareholder, I will buy 1 million shares."

Everyone, you have 1 share, and I have 10 shares.

Although the most I bought was only 1 million shares, I was not particularly rich.

However, even if someone else buys 1 share, it can't stand up to the terrifying number of users on Facebook.

In just one day, Facebook sold 100 million shares.

In other words, in one day, Facebook raised $1 billion.

This kind of news is also directly expressed on the front pages of major media news.

Facebook's financing exceeded 1 billion in one day.

Internet financing is no longer a dream, looking for users when there is no money.

Could it be that Facebook is really worth $100 billion?

The Internet is the world where the most miracles have happened in the world, and in the world of the Internet, the most miraculous are the netizens.

Buzzword: I bought 10 shares of Facebook stock, did you buy them?

I'm a Facebook shareholder, and I'm proud.

This is just the first day that Facebook has sold its stake.

The next day, the media and reporters thought that the sales of Facebook shares on the second day would be slightly weaker, after all, the first day had already spent the savings of many American users. However, they never expected it. When Facebook's equity trading time came the next day, within a few seconds, all 1 million shares, 1 million shares, 1 million shares...... The screen is constantly refreshed.

When the media found out the information of these buyers, they were petrified again.

Damn, Middle Eastern tyrants.