My rebirth is different

Page 565

Unfortunately, all he saw was calm.

Sighing, Sun Zhengyi did not continue this topic, but said: "Mr. Yu Wenfei is only 19 years old this year?"

Yu Wenfei nodded. His birthday in May is indeed less than 20 years old.

"The young people nowadays are amazing. They are only 19 years old, and they are the boss of such a company. Mr. Yu Wenfei, do you know what I was doing when I was 19 years old?"

Sun Zhengyi said with a smile, his chubby cheeks trembled slightly, at this moment, he was benevolent like an old man next door.

Yu Wenfei frowned and thought for a while. He really didn’t pay attention to Sun Zhengyi when he was young. Most of the media reported how he was so powerful at the turn of the century, invested half of the Internet, and at the peak, his net worth With more than 700 billion US dollars, he became the richest man in Asia.

"I don't know." Yu Wenfei said honestly.

"When I was 19 years old, I wrote down my life plan."

"That plan is the master plan of my 60-year life. Since that day, I have been practicing according to my own life plan: when I am 20 years old, I want to announce my existence to the industry; when I am 30 years old, I want to earn at least 1000 billion yen, to complete the original accumulation of capital; at the age of 40, in order to start a big business, there will be a battle to the death; at the age of 50, manage your own group well, and manage funds of 1 trillion yen above; smoothly transition management to the next leader at age 60."

"I am 56 years old this year, and all of my plans for the first 50 years of my life have been achieved. I have always felt that my life is quite successful, until I saw you today... Maybe I need 60 years to do it For things, you only need no more than ten years."

Sun Zhengyi looked at Yu Wenfei meaningfully.

"Thank you Mr. Sun for your compliment." Yu Wenfei said modestly.

"My investment philosophy has always been to invest in people first. Today, no, it should be said that I started from seeing your information and saw your person today. I finally confirmed one thing, that is, no matter how much you spend Money, I will invest in you! It’s for you, not your company, it doesn’t matter what you do, I just invest in you! I agree with all your terms.”

…………

Yu Wenfei conceded defeat, not that he conceded defeat in the negotiations, but that he conceded defeat in "pretending to be coercive".

In this investment, Facebook clearly has the upper hand. With such a beautiful report card, I don’t know how many VCs are crying and wanting to invest in him.

I just let them in because of the face of the old principal and seniors, and because Softbank really had some resources I needed.

And when it comes to that level today, there is basically no way out for Softbank.

Either agree to your request, or be out!

But as soon as the old fox Sun Zhengyi made a move, he saved the decline, at least on the scene.

After some "speaking and heartfelt" teachings, he "generously" increased the investment amount from [-] million to [-] million US dollars.

This negotiation process, if it gets out, it will become a good story again...

No need to think about it, Yu Wenfei knows what the media reporters will write after the financing news is announced.

Needless to say, those who tout him, there must be a lot of people who tout Softbank and Masayoshi Son.

"Mr. Sun spends money like water again, asking for [-] million?No, I will give you [-] million! "

"In order to support the younger generation, Sun Zhengyi did not hesitate to spend an extra [-] million US dollars. "

"It only took him 3 minutes to ask two questions, and he spent [-] million US dollars. "…………

And so on, similar news headlines will be seen everywhere.

And Softbank is generous, and Masayoshi Son's responsiveness to optimistic entrepreneurs is once again known by everyone.

But, investment banks need such a reputation, and Sun Zhengyi also needs such a personality.

We will be partners in the future, and I will naturally not dismantle his platform.

Chapter 489 Share Distribution

In order to cooperate with Sun Zhengyi's "performance", Yu Wenfei also sat upright and said sincerely: "After listening to Mr. Sun's words, it is really better than studying for ten years. I have benefited a lot! I also thank Mr. Sun for trusting me! Believe me , it won't take long for this investment to prove once again that Mr. Sun has the most vicious vision."

Now that the big bosses of both sides have negotiated, the atmosphere in the conference room immediately became relaxed.

Xue Chunhe and Cai Congxin also showed smiles on their faces.

Everyone is acting desperately to achieve the desired result. Now that it has been achieved, there is no need to be so sullen.

As for the details, the number of users and profit expectations promised by Yuwenfei will of course continue to be valid and must be written into the contract.

For other terms, let Cai Congxin and Xue Chunhe discuss it. The follow-up process will take some time, and the procedures that should be followed still have to be followed.

…………

Now that investment has been introduced, everything in the company will be on the right track, and this financing will not only increase two shareholders, but also involve the issue of employee share incentive pools.

After a tripartite negotiation among Facebook, Softbank, and Jiaotong University Venture Capital, the total shares of Facebook are set at 40 million shares. Based on the current valuation of [-] billion US dollars, each share is worth [-] US dollars.

Yu Wenfei originally controlled Facebook wholly through Star Technology, and just gave Cai Congxin 500% of the shares to attract him to join Facebook.In addition, there will be a share incentive of up to [-]% in the later period, and [-] million shares will be reserved for this area.

For this round of financing, 1000 million shares will be given to Softbank and Jiaoda Venture Capital, of which Softbank will invest 900 million US dollars to take 4000 million shares, and Jiaotong University Venture Capital will invest 100 million US dollars to take [-] million shares.It is worth mentioning that only half of the funds raised this time went into the Facebook account, and the other half went directly into the account of Star Technology.

In other words, Star Technology has cashed out part of the shares in advance.Over there, the WeChat project is about to start, and it also needs a large amount of funds.

Regarding the stock incentives for employees, Yu Wenfei offered to take out another 1000 million shares from the shares of Star Technology to build an incentive pool!In the future, whether it is the joining of senior executives or rewarding employees before the company's listing, it will be executed with shares from this incentive pool.

Of course, this stock incentive plan will not be implemented yet, and it will not be officially implemented until the company goes public. Some employees who have made outstanding contributions to the company's development will enjoy the results of the company's listing and receive a lot of stock rewards !

The shares are also divided into two categories: AB. The shares held by Star Technology are all Class B shares, but the shares of other owners, including future financing and listing, are only Class A shares.The difference between the two classes of shares is the voting rights. Class A shares have only one vote, while Class B shares have ten votes per share!

This is also a pavement for Yu Wenfei to continue to control Facebook after the shares are gradually diluted in the future.

It is not uncommon among Internet start-up companies, so Softbank and Jiaotong University Venture Capital have no objections.

At the same time, the board of directors of Facebook was also formally established. There is no doubt that Yu Wenfei was elected chairman of the board of directors with a crushing advantage.

Softbank and Jiaotong University Venture Capital can each send one person to the board of directors. Cai Congxin also joined the board of directors as CEO. In addition, Yu Wenfei nominated Lu Qi and Effie as employee representatives to the board of directors.

It stands to reason that employee representatives need to hold an all-staff meeting before they can be elected to the board of directors.

But who will be entangled in this process? It is not enough for a few major shareholders to approve it.

Yu Wenfei also has a reason for nominating these two people.

Needless to say, Lu Qi is a veteran of the company, and he led the technical team to create the Facebook website.He has a high prestige among the employees, is diligent in his work, has outstanding skills, and has an excellent resume.Such people, of course, are the backbone of the company, and sooner or later they will receive stock incentives.

Effie, Yu Wenfei admires this girl very much.His ideas are unconstrained, very aura, and he is courageous and responsible in doing things.As soon as he was promoted to be the manager of the public relations department, he dared to give up his studies and devote himself to the company.Moreover, the activity plan that he worked on became the "catalyst" of Facebook, directly helping Facebook complete the mark from 5000 million registered users to [-] million.

It can be said that at least 20.00% of the credit for obtaining such a high valuation in this financing comes from Effie's plan.

Such an employee, which boss can not appreciate it.

And for her, Yu Wenfei will be reused in the future, this is just the beginning.

…………