On Friday, Paulson and his colleagues announced the largest rescue package in history, a $700 billion comprehensive economic rescue package, and the rest was for the Treasury Department to submit it to the U.S. Congress for approval, and markets were confident about it.

Stanley and Goodman finally got a breather.

These two companies are not the only ones who have been given a respite, the global market has been greatly relieved.

But for Zhong Shi, there was no respite for the weekend, and in addition to continuing to set up in the German market, he had to rush to San Francisco, where he made an appointment with Facebook CFO Giddon. In.

Giddon. So he was a Korean-American, not tall, dark-skinned, with a typical Korean single eyelid. The percentage of Asians in Silicon Valley is high, but it is still rare to find someone in the position of CFO. Giddon. Yu is not only the CFO of Facebook, but also the CFO of the video site YouTube, and this resume is enough to explain his identity.

When Bell Stone's plane landed at San Francisco International Airport, even Gidden. Yu was well-informed, and he was really shocked because of Zhong Shi's generosity.

"Mr. Zhong, thank you very much for coming, it is really our honor. We've got a private car ready for you, go to the Bay Area now? ”

San Francisco is San Francisco, the pearl city on the west coast of the United States. Because of its warm winters and cool summers, suitable climate, and abundant sunshine all year round, it has become the "most popular city among Americans". Because Stanford University, the University of California and many high-tech companies are located here, the high-tech industry in the entire Bay Area is developing vigorously and vigorously, forming the world-famous "Silicon Valley".

Silicon Valley, located in the southern part of the Bay Area, was originally just an orchard and vineyard. But since the rise of research and production of silicon-based semiconductor chips, it has become synonymous with the high-tech industry. Famous companies including IBM, Google, and Apple have moved their headquarters here. It is now a mecca for high-tech industries all over the world. Every year, new ideas are born here, and countless new companies are born, attracting investors from all over the world.

It attracts one-third of the nation's venture capital funding each year, and there are countless PEs stationed here, so even if it's as expensive as a bellstone, it's time to make the deal. I also had to fly over from Hong Kong in person to show my sincerity.

In return, Giddon. So he also gave enough face, Zuckerberg was originally going to pick up the plane in person, but for some reason he did not make the trip temporarily, but the top minister in charge of finance attended in person.

"Of course, it's also my pleasure." Zhong Shi smiled and nodded, and then followed Giddon. In the back, after getting into a stretched luxury Lincoln sedan, he said. "I heard that your company has a little cash flow problem and wants to make a new round of financing, is this the case?"

"Yes." Giddon. Without the slightest concealment, Yu directly admitted, "But we are now in contact with a lot of equity investments, and I believe that as long as there are suitable conditions, our cash problem will be solved soon." ”

"That's right, the king's daughter doesn't have to worry about getting married!" Zhong Shi continued to laugh. "I have to say that the social network created by Mr. Mark has formed a new way of socializing. Let people all over the world be able to communicate freely and without hindrance. And in my opinion, the deep digging of social networks can do more and more meaningful things than simply making friends. ”

"Really?"

Giddon. Yu's eyes suddenly lit up, "Is Mr. Zhong also on Facebook?" That's great. I just don't know if I have the honor to be able to add a friend to Mr. Zhong? ”

"Of course there is no problem!" Zhong Shi knew that the play meat was coming. He was not in a hurry, after reporting his ID, after waiting for a while, he heard a crisp reminder from his BlackBerry phone, it was Giddon. Yu's friend application.

When you apply to become a friend. Giddon. Only then did he put down his mobile phone and said unsatisfactorily: "Mr. Zhong, looking at your registration time, it turned out to be two years ago, it seems that you are indeed very interested in social networks, which is really beyond my expectations." By the way, just now you said that in addition to making friends, social networks can do other meaningful things, I wonder if you can talk more about it? ”

"Of course!"

See Giddon. With this appearance, Zhong Shi knew in his heart that this business had made a very good start, "Even now, the information that people get through the Internet will double in a year to a year and a half, which was unimaginable in the past. Perhaps in the near future, people will be able to make decisions based on information from search engines or social networking sites. Users can build their own social networking sites through the social platform, which can play a similar role, whether it is to help others or themselves. ”

"On this platform, people can make friends, they can shop, they can invest, they can even book hotel rooms, etc. There is nothing that can't be done, only unexpected services can be inserted into social networking sites. It can be transformed into an all-encompassing platform that offers a wide range of services if you can make a choice, not just socializing. ”

"Of course, if you can subdivide the industry and market, this function may be more. Compared with other professional websites, Facebook has the advantage of having a larger user base and a wider coverage. This advantage is unmatched by any other platform. Therefore, if Facebook wants to acquire other websites in the future, we will fully support it. ”

"Mr. Zhong is amazing!"

After a few words, Gidden. Yu was already amazed and didn't know what to say, because what Zhong Shi said was already more than what social networks currently covered, and there was also a part of the content and Mark . Zuckerberg's philosophy fits. Giddon. Yu believes that without considering the valuation aspect, Zhong Shi may be the best investor in this round of financing.

Because of the economic crisis, PEs have begun to shrink their investments, and even if there are projects that seem to perform very well, they are no longer investing as aggressively as before, either arguing with the founders about valuation issues or hoping to get more voting rights. Because they are well aware that the downturn in the stock market has affected the timing of their exit. Holding equity for a longer period of time. It not only affects the flow cycle of funds, but also affects the return on investment.

This is also the reason why Facebook has been unable to raise a new round of financing in the absence of cash flow. You must know that although Facebook is currently one of the hottest Internet companies in Silicon Valley, in the face of a harsh environment, PE still has to look at the return on investment. Many of them are not very optimistic about the company, which is currently not profitable and continues to burn a lot of cash.

By chance, Andrew heard that the company was seeking new financing. reported the matter to Zhong Shi. After careful research by Tong Guò, Zhong Shi felt that this company had a lot to offer. Contact, face-to-face consultation.

So far, the two sides have only been able to make preliminary contacts. If both parties are interested in this, the two sides will continue to negotiate further. The current valuation of Facebook and how much stake the other party will sell will be the focus of the debate, as well as negotiations on the board of directors and voting rights.

"Hello Mr. Zhong, you look much more handsome than in the photo!"

Half an hour later. In Giddon. Accompanied by Yu, Zhong Shi stepped into the Facebook headquarters in the Bay Area, which is an open workplace where each employee can design the workplace according to their own wishes. In addition to the work platform, you can also find a café, a baby room, a gym, and even a bedroom.

Zhong Shi was amazed, and while he was still looking left and right, a young man in a gray T-shirt walked over and said to him with a smile on his face.

Mark. Zuckerberg. The founder of Facebook, a graduate of Harvard University, has curly brown hair. The appearance is very ordinary. But when he laughs, he gives a sense of intimacy, which is his personal charm.

"Hello, Mr. Mark!" Zhong Shi shook hands with the other party with a smile, pointed around and sighed, "It's really surprising here, if I want to work here." It will definitely be comfortable. ”

"Really?" Mark. Zuckerberg also laughed, "If you can come and work here, I will definitely give you the position of CEO." ”

Both sides laughed.

After a visit, the meeting officially entered the negotiation process.

"An offer of $120 million in exchange for 1.5% of the shares of common stock. It has the corresponding voting rights and is valued at $8 billion. ”

As soon as they arrived at the negotiation table, the expressions of both parties were stern, and there was no laughter, after all, business is business. Zhong Shi first gave Andrew's assessment.

It should be said that this price is a bit on the low side. But because the current market is poor, Andrew intends to take the opportunity to drive the price down. Zhong Shi did not have an intuitive idea of the accuracy of this valuation, but since it was made by Andrew and his team, he would first negotiate according to this offer.

"The price...... I'm afraid ......"

Although Mark. Zuckerberg was also on the scene, but it was Giddon who was in charge of the negotiations. So, the CFO is a professional, not to be fooled, "First of all, we plan to sell 2% of the shares, and in addition, we are valued at $12 billion. In other words, we intend to raise $240 million in this round. ”

"Is there such a big gap in the middle?" Zhong Shi touched his smooth chin, noncommittal. But I knew very well in my mind that this was a negotiation technique, "Well, I'll ask my team first." ”

As he spoke, he took out his mobile phone and called Andrew in front of the other party, and when the other party sued him that the valuation was only $10 billion at most, Zhong Shi had a sense of proportion in his heart.

"$10 billion valuation, 2% sale, $200 million." Zhong Shi said, "In addition, in terms of voting rights and board seats, I do not seek to give all of them to Mr. Mark, I wonder if you are satisfied with such conditions?" ”

"What?" Giddon. Yu stood up in surprise, unable to believe his ears.

It's like giving money! (To be continued......)

PS: Thank you to the book friend Pudding * Cat for voting for the monthly pass! Thinking back to this month, I wrote too little, and I was embarrassed to ask for votes at the end of the month, as long as all book friends are still paying attention to this book at any time, the author is already grateful. There are always all kinds of unexpected troubles in life, and there will be unexpected gratitude and touching, no matter what, this book will definitely insist on writing, and it will not be a eunuch, which everyone must believe. Thank you again for your active attention, I hope that the results of this book will still turn around after going through the bottom, thank you~