Rebirth of the Wild Age

Later, there was a movie in the United States called The Social Network, which was shot based on Zuckerberg. In order to create a sense of reality for the film, the director restored various details, and even every piece of clothing worn by the actor is the same style that Zuckerberg once wore.

However, the prototype characters of all the characters in the play said in interviews that they are ridiculous, and the plot of the story is basically made up.

Moskowitz, who is downplayed in the film, is currently Facebook's only employee. Of course, you can also say that he is the founding shareholder, because Zuckerberg couldn’t afford a salary, so he gave his roommate Moskowitz 5% of the shares, and then asked the roommate to do campus promotion and help write code.

Facebook was able to go out of the Harvard campus and become popular in more than a dozen universities in the United States in a short period of time. Moskowitz must have made great contributions to this.

As for Zuckerberg's other roommate, Chris Hughes, the dude who later insisted he was a co-founder, is portrayed in the film as a programmer. However, Hughes is neither a programmer nor a co-founder, he is just Zuckerberg's roommate. Later, the website was too busy, and Zuckerberg had no money to hire staff, so he asked his roommate Hughes to help - at first, he didn't give any shares, it was purely a help among friends. But when they bypassed Saverin and registered the new company, Hughes offered to ask for equity, so Zuckerberg gave him 2% of the equity.

Hughes' pre-financing 2 percent stake turned into $700 million. He also used this as a springboard to join Ao Guanhai's election team, claiming to be the most Internet-savvy person around Ao Guanhai.

From Hughes' experience, choosing the right college roommate is very important!

When Song Weiyang approached him, Hughes hadn't officially joined the team yet. Facebook's shareholding composition was: Zuckerberg (65%), Saverin (30%), and Moskowitz (5%).

In the coffee shop, Moskowitz kept looking at his watch and muttered, Why hasn't Song come yet?

Perhaps, big shots are late. Zuckerberg said humorously.

Zuckerberg is still a pure hanger at present, but unlike the description in the film, he did not sharpen his head and want to enter the Harvard Phoenix Club, nor was he dumped by his ex-girlfriend who despised him because of this, and of course he would not Founded the predecessor of facebook after falling out of love. The movie is made for people to watch, and the bloody dramatic conflict must be added: the hanging silk man is determined to climb up, starts his own business after falling out of love, and turns into a scheming boy to successfully counterattack. This kind of plot is so exciting!

But it is undeniable that Zuckerberg does want to climb up, and he must have a little scheming. He was sipping coffee at the moment, seemingly calm and breezy, but in fact he was already anxious, afraid that the rich man from China would let him go.

Last night, Zuckerberg even specifically checked the Forbes Global Billionaires List and found that the difference between Song Weiyang's assets and the 50th place is only more than 20 million US dollars, but the difference in age is more than 30 years. A young man who was only 28 years old almost ranked in the top 50 of the world's richest list. This shocked Zuckerberg, and he said a word in his heart: a man should be like this!

What's even more rare is that this rich Chinese man obviously understands the Internet very well, and he first proposed the concept of web2.0 that made the IT world go crazy. The market capitalization of Sohu and Netease he invested in surged by more than 30 times last year, and Google, which he invested in, will soon be listed. Now he has taken a fancy to his own facebook again, which shows that his website has a bright future. Maybe he can become the next Sohu, NetEase and Google!

Is it him? Moskowitz pointed at the door, confused, All Asians look similar to me.

Zuckerberg stood up quickly, took a step and retracted, carefully adjusted his expression, smiled and waved: Hey, Mr. Song, we are here!

Song Weiyang walked over unhurriedly, shook hands with a smile and said, Hi, I'm Song Weiyang, and this is my assistant Shen.

Hello, Mr. Song, I'm Zuckerberg, and this is my partner Moskowitz. While Zuckerberg was speaking, he also nodded politely towards Shen Si with a smile, and even glanced at the two people behind Song Weiyang. a bodyguard.

Moskowitz has a very lively personality. He shook hands with Song Weiyang acquaintedly and said, Mr. Song, that Chinese website called Renren.com is really great. It has given us a lot of inspiration. If the negotiation goes well, we hope Renren Renwang can send an employee here to help Facebook develop and grow rapidly.

Zuckerberg stomped on his roommate, smiled what he thought was calm, and said, Mr. Song, Miss Shen, please sit down!

Song Weiyang asked for a few cups of coffee, then asked two bodyguards to go to the next table, and said: Since you have browsed Renren, you will know why I want to invest in Facebook, because the two websites are very similar. This time I I came to the United States to discuss the listing of Google, and I happened to discover Facebook when I was surfing the Internet in a hotel. This kind of coincidence is called fate in China, and maybe it is fate that made me make this investment.”

I know fate. I talked to a friend of Chinese origin. Her family owns a Chinese restaurant. Although Zuckerberg was anxious, he still chatted with Song Weiyang about this kind of digression.

Song Weiyang asked: Have any investors contacted you before?

Zuckerberg said: Yes. Just a few days ago, a company called friendster wanted to acquire our website. But the other party's bid was too low, and they still bought it in full. I can't accept this.

How much is that company's bid? Song Weiyang asked.

$1 million. Zuckerberg didn't even blink his eyes when he lied, and he only magnified it 10 times, which didn't seem too much.

Song Weiyang smiled slightly: After encountering Facebook, I searched for other websites and found that there are many similar American online communities.

But none of them are as good as Facebook! Zuckerberg immediately emphasized.

Song Weiyang asked: What is your expectation for Facebook's valuation?

Zuckerberg's lion opened his mouth: $10 million!

Moskowitz next to him suddenly widened his eyes, because they had agreed on 5 million before, and Zuckerberg doubled it temporarily.

Song Weiyang couldn't help laughing: Haha, little boy, are you telling me a joke? If so, I might as well go back to the hotel to watch Oprah's talk show. Or, because I came over in person, So you think I'm a must-win for facebook?

Zuckerberg became a little guilty, but he still insisted and said: Mr. Song, only half a month after Facebook was founded, half of the Harvard students registered as members. Now, we have grown to more than 10 colleges and universities in the United States. , if it continues to develop at this speed, it will be able to occupy all colleges and universities in the United States by summer at the latest. At that time, Wall Street venture capital will definitely come to the door, and they will rush to ask for a valuation of 10 million US dollars!

But now, facebook has not developed to that scale, Song Weiyang thanked the waiter, picked up the candy and said, Many accidents can happen in a few months, for example, I can take out 10 million US dollars, send Ren Ren went to the United States to set up a social networking site, the content of which belongs to Renren and Facebook. I believe it will develop faster than Facebook! Do you still have money now? If you want to develop Facebook to colleges and universities in the United States, I am afraid you will even rent a server There is no way to get the money out.”

Zuckerberg couldn't help but sit up straight and asked, So, how much does Mr. Song think Facebook is worth?

It doesn't matter what the valuation is. I'll invest $1 million and give me 30% of the equity, Song Weiyang asked with a smile, Am I being generous?

Why only 30% of the equity?

Because it is a red line for angel financing, a lot of bloody facts tell investors that if financing accounts for more than 30% of the shares, they will die miserably. The higher the shareholding of investors in the first round, the more it will affect the subsequent financing, because you have to leave some profit margins for latecomers, and at the same time leave enough equity for the founding team to motivate employees. The other is the seed round and angel round investment. The evaluation of the project is not necessarily accurate. The correct way is to invest less money and cast a wider net.

Song Weiyang invested in Sohu and Google back then, and took a large amount of equity in one go, because the entire Internet environment was extremely crazy, and there were also the foresight of the time traveler in it. If it were after the dot-com bubble burst, Song Weiyang alone took up so many shares of Google, Sequoia Capital would be an idiot to come to raise funds.

Now that the era of madness has passed, if Song Weiyang eats up more than 30% of Facebook shares in one go, it can almost be concluded that Facebook is going to die, because no latecomers are willing to continue to invest money. Until that time, Song Weiyang can only keep throwing money into it until Facebook becomes unstoppable!

There is also a reason for other Google shareholders to join forces to suppress Song Weiyang, because Song Weiyang was too ugly at the beginning, and he won too much equity in the seed round investment.

Zuckerberg calculated, frowned and said, Too little.

Song Weiyang asked with a smile: I want too few shares?

It's too little valuation! Zuckerberg was a little angry.

If it was changed to a month ago, Zuckerberg would be very happy, because he has no confidence in Facebook, and he even opened another website at the same time. But it's different now. Facebook's development momentum is very strong, and if it continues, it will definitely wait for Wall Street venture capital.

Or because there is no money, the rent of the server is almost unaffordable, otherwise Zuckerberg would directly choose to refuse.

Historically, it was Saverin who poured another $10,000 in pocket money to allow Facebook to survive the financial crisis. Just five months later, Facebook was valued at $5 million, and Saverin's shares were diluted by financing without his knowledge. Of course, Saverin was not born to be a doormat. Before that, he directly froze the company account.

What happened was roughly like this. At the beginning, Saverin was more active, investing in the company, and looking for a house and president for the company. But later he was admitted to a business school to further his studies, and got an internship opportunity in a large company on the West Coast, so he began to ignore Facebook and play missing at the most critical moment of the company's development.

This made the other three shareholders directly create a new company and kick Saverin out of the ranks of founders. However, Zuckerberg did things quite honestly. The new company still retained Saverin’s equity. Instead, Saverin directly froze the account of the old company, causing the new company to almost close down due to lack of money.

Zuckerberg thought for a long time, and said: I only need $500,000, how about giving you 20% of the equity?

You really know how to negotiate, are you offering to bargain for me? Song Weiyang couldn't help laughing, because Zuckerberg's words made Facebook's valuation even lower.

But it also proves that this kid with a horse face is very assertive about the company's development and would rather ask for less money than hand over more shares.

Zuckerberg finally let go of the disguise, and said from the bottom of his heart: Mr. Song, Facebook is really short of money now, but I only need 500,000 US dollars, and you want too many shares. If you can't accept it, Then I give up this financing.

Song Weiyang said: Let's do this. I still invest 1 million, and you give me 25% of the shares.

Moskowitz couldn't bear the temptation at first, and quietly tugged on the corner of Zuckerberg's clothes, suggesting that the roommate should accept it as soon as he was good, so as not to end up in a chicken-and-egg attack.

Zuckerberg struggled for a while, and finally said: Thank you Mr. Song for the financing, I don't think you will regret it, Facebook will definitely become the number one online community in the United States.

Then, happy cooperation! Song Weiyang laughed.

Regardless of whether it is Google or Facebook, Song Weiyang does not plan to hold it all the time, but he will definitely wait for it to grow to a sufficient scale before cashing out a small part every year. Or more simply, directly use the equity of these two companies to replace the equity of other companies in the United States.