Chapter 265: Google without a calamity
After a few days of busyness, Wen Ming's investment behavior of increasing capital and investing in Facebook has completely ended.
It is only now that Wen Ming has truly become the majority shareholder of Facebook.
It was at this time that the financial media in the United States began the first wave of reports as if they had discussed it.
The first is the "Wall Street Times", as a world-renowned authoritative financial media, the "Wall Street Times" report on Facebook's financing incident has been forwarded by many financial media.
"Apple and Tesla's strong cash flow has made Wenming firmly occupy the top 50 of the world's richest people. The reason why he has not yet become the richest man in the world is only because the two companies under his name have not yet been listed, and no one can determine how much the shares of those two companies are worth or how much the shares of the two companies that Wen Ming holds are worth. ”
At the beginning of the Wall Street Times report, it did not directly talk about Facebook's financing, but talked about Wen Ming's net worth. Compared with Facebook, in fact, this kind of news is more eye-catching.
"But one thing that can be confirmed is that Wen Ming, the founder of Apple, has more than $10 billion in cash in his hands, which many people actually disagree with before, because they feel that Wen Ming does not have so much cash."
"However, according to Facebook's official announcement, as well as the changes in Facebook's shareholders and shareholdings, we can now confirm that Wen Ming's financing for Facebook, or capital increase, has reached $10.06 billion in cash."
"This is a wealth that less than 100 people in the world's 7 billion people can own, and before, many people speculated about what Wen Ming would do with this wealth after he had it."
The Wall Street Times began to change the subject of its coverage to Facebook's funding after introducing a portion of Wenming's wealth.
"Some people think that Wen Ming may buy another 'Tesla' and then create a miracle of gold from a valuation of $500 million to a valuation of $50 billion. Or invest in high-tech research like Jurassic Island to create a scientific miracle comparable to resurrecting dinosaurs. ”
"However, what everyone didn't expect was that Wen Ming would invest this money in Facebook, which has a market valuation of up to $40 billion, and what is even more surprising is that Wen Ming recognized Facebook's $50 billion valuation premium when he acquired a part of Facebook's equity."
These previous reports of the Wall Street Times can be said to be very notarized, but to be able to let them publish the report at this time, it is naturally Facebook that gives enough public relations expenses. So, at the end of the article, they started touting Facebook.
As the most conspicuous genius of the 21st century, Apple founder Wen Ming is not only shocking in science and technology, but also in business, which can make the world's wealthy follow in his footsteps. So, when he recognizes Facebook's $50 billion valuation, what kind of miracle will Facebook's market value create after it is truly listed? ”
"According to the analysis of Wall Street's most professional investment banks, we have reason to believe that if Facebook is listed now, then its market value can easily exceed $120 billion. Previously, investment banks believed that if Facebook was listed, the market value would only reach about $60 billion. In other words, Wen Ming's financing behavior has doubled Facebook's market value. ”
……
After the report of the Wall Street Journal, the whole United States can be said to be in an uproar, because this scale of financing can be called unprecedented. Normally, when a company needs $5 billion in development funding, there is no other way to solve it than to go public.
But Facebook didn't go public, and it got $5 billion in development funds, and the person who provided this money was Wen Ming, a genius who is already famous all over the world.
All of a sudden, countless shareholders are looking forward to Facebook's listing, and they are ready to snap up Facebook's shares as soon as they are listed.
Based on this situation, some financial media reports began to exaggerate.
The New York Times' financial report is even more shameless than the Wall Street Journal's praise of Facebook and Wenming.
"We interviewed more than 1,000 investors, including some investment bank traders, who believe that based on the current desire of American investors for Facebook listing, Facebook's market capitalization is likely to exceed $150 billion on the opening day if it goes public now."
Of course, in addition to touting, the "New York Times", an old relation, also came up with some practical evidence to prove their assertion.
"Facebook currently has over 1 billion users worldwide, and it's growing at an incredible rate every day. It is foreseeable that within two years, the number of their global users will exceed 2 billion. ”
"With such a huge user base, if you do advertising revenue, then there is absolutely no TV media that can compare to Facebook. But Facebook didn't do a good job in terms of advertising revenue before, they didn't have enough customers with advertising needs, and they didn't complete the classification of their own users. ”
"However, when Apple's founder Wen Ming joined Facebook, with the sales of Apple's iPhone and iPad, he could not only provide more users for Facebook, but also introduce those software vendors with advertising needs to Facebook based on Apple's software marketplace APP Store."
"If it's just software vendors, it can only take Facebook's ad revenue to a higher level, but those software vendors don't just represent software. For example, shopping software, when they do promotion, they will inevitably involve physical products, and if the two are combined to advertise on Facebook, Facebook can get new physical customers. ”
"What we can expect is that when Apple and Facebook come together, a new ad network similar to Google's global advertising alliance will be formed. Google's advertising revenue last year was $15 billion, even if Facebook's advertising revenue can't reach this level, even if it's only half of Facebook's, it's a miracle that can make Facebook's market value work wonders. ”
"Facebook, with annual advertising revenue of less than $1.5 billion, can still reach a valuation of $40 billion, so how can Facebook's market value not exceed $150 billion when the annual advertising revenue reaches $7 billion?"
The full article is well-touted, and even does not hesitate to leak Apple's and Facebook's advertising cooperation plan. Of course, even if it is not leaked, it is useless, because the combination of the two, the most able to increase the level of revenue, is the cooperation in advertising.
Based on these reports and hype, many companies have been affected, even including the current giant IT company Google, the market value fell from $147.55 billion to $146.5 billion on the day these reports broke out, evaporating $1 billion in one day.
At this time, Google was actually having a very difficult time, because they had just announced their withdrawal from the Chinese market, and the reason was not exquisite. In short, after losing the Huaxia market, which has a population of 1.3 billion, Google's market capitalization has fallen a lot before.
And now, because of Wen Ming's investment in Facebook, it has fallen again, which makes Google's top management very unhappy.
"Don't worry, it's only temporary, and I'll definitely be able to recover tomorrow."
Google has suffered an unwarranted disaster, only because of those media reports, in fact, anyone with a discerning eye can see that the market for online advertising will continue to expand, and one day it will exceed the total advertising revenue of TV media.
From the perspective of development, it is impossible for Google to monopolize this part of the market, and it is very normal for new online advertising alliances to appear. If it weren't for the alliance between Apple and Google, it would be other Internet companies, but Facebook's user base is so large that it is not far behind Google.
At Google's high-level meeting, someone said, "I propose to cooperate directly with Facebook and Apple, and if we cooperate, we can almost monopolize this part of the market." ”
Antitrust laws in the United States are strong, but who cares about fines for the huge benefits that monopolies can create?
"Let's talk about it."