Chapter 056 Facebook Doesn't Have Money to Buy Instagram?
Apple has finally gained some popularity in the United States, and Wen Ming, the founder of Apple, has become the idol of many young Americans because of his miraculous experience.
Of course, because Wen Ming is Chinese, there is no shortage of rejection by some racists.
After completing two collaborations with Teresa Roy, Teresa Roy's operations team began to hype up the Instagarm product and the amount of the financing.
The valuation of $470 million is not uncommon in the United States, which is very small compared to those mergers and acquisitions that can easily cost billions of dollars, or even tens of billions of dollars. But everyone who saw the news was shocked.
Because the product of instagarm has only been online for half a month so far.
In half a month, more than 10 million registered users have grown, the number of active users has reached about 97%, and registered users are distributed in more than 10 countries, and this crazy trend has not stopped.
After the promotion of Teresa Roy's professional team, the growth rate of the number of registered users of Instagram has once again increased. If it could be described as a crazy surge before, it can now be described as an explosion.
In just 5 days, the number of registered users on Instagram has reached 20 million, which is double the number of users that increased in the previous half month.
No capital can ignore the 20 million registered users, not to mention the fact that these registered users are very active, maintaining a ratio of almost 97%. In other words, users who sign up for the app will spend time every day using the app to share photos and use those photos for social activities.
All of a sudden, in addition to the public relations news that spent money, many news media that did not receive public relations fees also took the initiative to report on the product of instagarm, as well as the Apple company that created instagarm, of course, I have to mention the genius who created Apple - Wen Ming.
The New York Times headline reads: "God is fair, and when He gives a man an unbearable calamity, he will inevitably make amends in other ways." ”
"Best-selling author Wen Ming's entrepreneurial journey sounds like a fantasy to anyone. In just one and a half months, the Apple company he founded has a valuation of more than $800 million, which comes from Wall Street. ”
"When we first published news about Wen Ming, it was Robinson Crusoe, a novel he wrote based on his own real-life experiences after returning from a desert island, and it was at the top of the best-selling list of the week when it was released. And today, more than a month later, "Robinson Crusoe" has occupied the top spot on the weekly best-selling new book list for six consecutive weeks. At the same time, it was also the top of last month's monthly best-selling new book list. ”
"At that time, many people thought that Wen Ming, a young man who had suffered many disasters, should study at Harvard University's Faculty of Arts, not Harvard University's computer science major."
Now, however, no one is going to stick to that argument again. Because the miracle created by Wen Ming in the computer major is no worse than Bill Gates and Mark Zuckerberg back then. ”
"A 19-year-old young man has created a company with a valuation of $800 million, and I have to say that even Bill Gates and Mark Zuckerberg can't stand with him at their age."
"Of course, if it's the Harvard University Alumni Association, I think the three of them are fully qualified to stand together......"
The New York Times's praise of Wen Ming was too much, and even Wen Ming, who saw this report, blushed a little.
"It's not surprising."
Inside Apple, Sith explained: "Although we don't give them PR fees, your publisher won't save that money in order to make money." Haven't you noticed? The most conspicuous subject of this report is your "Robinson Crusoe". ”
When he published Robinson Crusoe, the publisher he chose had a very good relationship with The New York Times, otherwise, it would not have been possible for Wen Ming's novel to be on the New York Times bestseller list in the first week.
It can be called one of the three shortcuts to becoming a bestseller, and the New York Times certainly can't be so selfless and selfless as to select the list based on sales rather than PR.
"If you sell more books, the publisher will make more money, and I will be able to make more money." Wen Ming shrugged his shoulders and said, "But isn't it too much to boast like this?" Bill Gates and Mark Zuckerberg, which of the two can I compare? ”
Wen Ming is not an arrogant maniac, even if he knows that his achievements will not be lower than these two people in the future, he will not think that he is now able to compare with these two. Whether it's Microsoft or Facebook, both companies are worth far more than Apple.
Not to mention, Microsoft now has a market capitalization of $312 billion.
(PS: In reality, Microsoft's market value in 2009 was $270.6 billion, but there is no Jobs' Apple in the article, so it is appropriately raised, please don't take it seriously.) )
Even Facebook, which is not yet publicly listed, is far more valued than Wenming's Apple. Because in 2007, Microsoft bought a 1.6% stake in Facebook for $240 million, which means that Facebook's valuation exceeded $15 billion two years ago. Now, two years later, the number of Facebook users has increased by 82%, not to mention the increase in revenue.
Sith was a little pleased with Wen Ming's current attitude, he was very worried about Wen Ming's mentality during this time as Apple became stronger and stronger. Many people, after just achieving some achievements, will be so arrogant that they can't find the north, which will affect their future.
"When your Robinson Crusoe became a bestseller, I thought that was your limit. But who would have thought that more than a month later, I would become the one who followed you. In the future, who can guarantee that you will not surpass Bill Gates? ”
If your boss becomes arrogant, you need to remind him not to go crazy, but if your boss is too humble, it's time to help him establish his ambitions.
If Wen Ming didn't have the ambition to accomplish a certain goal, Sith was worried about whether he would be able to survive five years, or even longer.
Wen Ming smiled confidently and said, "I also have this confidence to surpass Bill Gates in the future." ”
Sith also smiled and said: "Bill Gates is the future, but Mark Zuckerberg is now, Theresa Roy's team has sent a message that Mark Zuckerberg is interested in buying our Instagram completely." ”
This news is undoubtedly a very pleasant surprise for Wen Ming, because it means that he can occasionally get a huge amount of cash income. And that cash can support his other plans.
"How is it so fast?"
Excited, but not blind, Wen Ming asked with some doubts. Because in the previous life, Facebook acquired Instagram in 2012, that is, three years later. Although instagarm is in the hands of Wen Ming, the development speed far exceeds the development speed of the previous life, but it will not be acquired three years in advance.
"And, most importantly, does Facebook have the money to buy our Instagram now?"
Although Facebook has become the darling of the investment community in 2009, it has only experienced six financings since its creation, including Li Jiacheng from China.
(PS: Does anyone know that Li Jiacheng is a shareholder of Facebook?) Don't say I made a typo, you know. )
Sith shook his head and said, "After getting the news, I inquired about Facebook's financing income in recent years. Facebook, which raised money for the first time, sold a 10% stake and got only $500,000. The next five rounds of financing totaled about $400 million, all of which were used to develop Facebook. ”
"And Facebook's revenue, although it has reached the standard of $200 million per quarter, its operating investment is very large, so I also think that Facebook has no money to buy Instagram now."
Wen Ming frowned and asked, "Then why did they buy InstagramArm?" How to buy InstagramArm? ”