Chapter 256: I Have Money, You Don't!

Other Facebook shareholders rejected Mr. Wen in order to show that they wanted to cash out as soon as possible.

And Wen Ming also expressed his attitude of increasing Facebook capital in an almost insulting way before the start of the Facebook shareholders' meeting.

The two sides have reached a point where they cannot be reconciled, and everything depends on whether Mark Zuckerberg's proposal can be passed at Facebook's shareholder meeting.

The head of Red Dot Ventures had already left the reception room and entered the conference room at Facebook headquarters in advance. At this time, the other Facebook shareholders who remained in the reception room were also not interested in continuing to build a good relationship with Wenming.

They all know that the two sides have different goals, even if they are very optimistic about Wen Ming, they also very much hope to have a good relationship with Wen Ming, but what if Wen Ming also treats them like the person in charge of Red Dot Ventures?

When Wen Ming and Mark Zuckerberg were left, Wen Ming asked with a smile: "Mark, how is it, how did I avenge yesterday?" ”

Mark Zuckerberg looked at Wen Ming helplessly, he was even more angry than Wen Ming yesterday after being mercilessly rejected by Red Dot Ventures. Compared to his anger, Wen Ming's mood at that time could be said to be very stable, and he was even in the mood to comfort him.

But today, he was ready to face the person in charge of Red Dot Venture Capital with a smile, but what he didn't expect was that Wen Ming would retaliate so mercilessly.

"Is it really appropriate for you to do this?"

After Mark Zuckerberg asked, he smiled bitterly: "Although we have all reached the point where we are about to tear our faces, we still haven't torn our faces after all." By doing so, it is likely to make it more difficult for us to make a proposal at the shareholders' meeting in a moment. ”

Wen Ming shrugged his shoulders and said indifferently: "Whether I want to tear my face with him or not, it will not be less difficult for us to meet the shareholders' meeting for a while." In that case, why don't we make ourselves happy? ”

Have fun......

Mark Zuckerberg still looked helpless, when he started his business before, he was even more stunned than Wen Ming now. And Facebook has developed to the present, and he has also contacted many so-called upper-class people, in addition to the rich and rich, and even the top of the American political circles.

However, none of these people in the upper class will slap each other's faces in such an almost scoundrel way when they know who the other party is like Wen Ming.

This kind of method seems to be a little unproductive.

Seeing that Mark Zuckerberg looked worried, Wen Ming patted him on the shoulder and said: "Just like I just said, when my Apple was preparing for Series A financing, the investment companies with a capital of less than $10 billion were directly eliminated by us, and they didn't even have the opportunity to meet and talk with us." ”

"Do you know why?"

Mark Zuckerberg continued to say with a wry smile: "Because when your Series A financing was launched, Apple's valuation had reached the $150 billion level, and at this level, if there was no $10 billion in funds, it would be impossible to participate in your Series A financing." ”

Wen Ming smiled: "Yes, they are not qualified. Therefore, until now, only Mr. Bill Gates of Microsoft has been able to successfully enter our Apple company's Series A financing. ”

Teresa Roy's investment in Apple can also be said to be Apple's Series A financing, which is the first financing. But that was Wen Ming's personal decision, and it was an internal financing.

And after Teresa Roy entered, Apple decided to pull more people of status into the car because of some difficulties faced by Apple before. Then, Apple launched a real Series A funding round.

But until now, because of the valuation of $150 billion, only Bill Gates has confirmed that he wants to participate in this financing, while other investment banks are a little 'shy in their pockets' because Apple is too valuable.

Wen Ming continued: "Since they don't even have the qualifications to enter in front of me, why should I save face for them? ”

"An investment bank founded in 1999 and has a history of 11 years now, but the amount of capital in its hands is only in the billions of dollars. I make more money in a month than they make in 11 years, and that's still not counting their principal, you tell me, why should I save face for them? ”

Hearing Wen Ming say this, Mark Zuckerberg suddenly felt that Red Dot Ventures didn't seem to be a big deal.

But in an instant, he reacted.

"In addition to you, I estimate that there are only a dozen people in this world who can say this."

A person who can despise a multi-billion dollar investment bank must be worth more than 10 billion dollars, and he still has to make so much money in 11 years. In this way, there really aren't many in this world.

Wen Ming smiled: "Actually, you also have this qualification, but you haven't known it all along." Believe me, as long as I take a stake in Facebook, and Facebook goes public in a year or two, you will be richer than all the shareholders of Facebook now. ”

As he spoke, Mark Zuckerberg's assistant came over and said that the meeting was about to begin, and the other Facebook shareholders in the reception room had already left the meeting room and entered the conference room.

Mark Zuckerberg stretched out his hand and motioned for Wen Ming to walk in front, and then followed Wen Ming into the conference room.

The last person to enter the conference room was either a big guy or a late one. Obviously, Mark Zuckerberg and Wen Ming did not say that they were late.

And when the two of them enter the conference room almost at the same time, the status of the person who walks in front is naturally higher than that of the person who walks behind.

As Facebook's largest shareholder at present, Mark Zuckerberg's step back down is also to show the other Facebook shareholders present that he has stood on the same side as Wen Ming.

Everyone has already made their statements, so the meeting is about to get down to business.

But Wen Ming sat on the side and said nothing, because the current debate is nothing more than each shareholder telling how beneficial their plans are to Facebook.

In addition to Mark Zuckerberg's proposal to let Wen Ming increase his capital by $5 billion, the other shareholders have two proposals: one is for Morgan Stanley to take $5 billion into Facebook, and the other is for Facebook to directly list and IPO and cash out $5 billion from the stock market.

"Why can Wen Ming increase his capital and not allow Morgan Stanley to take a stake?"

A representative from LinkedIn Ventures said: "We are very clear about Mr. Wenming's strength, but I think everyone knows better about Morgan Stanley's strength. If Morgan Stanley is allowed to take a stake, I think the market value of Facebook will definitely exceed everyone's imagination when it goes public. ”

LinkedIn Ventures is also a shareholder of Facebook, and it got on the bus at the time of Facebook's Series B funding, and this company is much stronger than Red Dot Ventures. From 2000 to 2010, only five of the world's listed technology companies had a market value of more than $10 billion, and LinkedIn invested in four of them, which shows its strength and vision.

At this time, it has reached the final stage of controversy, so people on LinkedIn can also say their reasons despite Wen Ming's presence.

Mark Zuckerberg said with a serious expression: "Morgan Stanley's investment can indeed create a higher market value when Facebook is listed, but this kind of investment bank can also make Facebook fall into the abyss." ”

"Their purpose has never been to support the development of a company, but to make money by going public. If the future of Facebook is to be brighter, then we must accept more reliable funds, and we want to cash out quickly. ”

This sentence is equivalent to tearing the face, because among the Facebook shareholder representatives present, there are six investment banks. And the purpose of these investment banks to invest in Facebook is to make money, that is, to cash out.

Mark Zuckerberg continued: "Moreover, Mr. Wenming, as a shareholder of Facebook, has his own right of first refusal. In this financing, we must abide by the rule of preferential financing, and first seek shareholders who can increase their capital by $5 billion from among those of you here. ”

"Morgan Stanley doesn't have a right of first refusal, so which of you can come up with $5 billion in cash right now?"

No one spoke because they couldn't take it out, and if they could take it out easily, how could they want to cash out as soon as possible?