giants of the era

Chapter 463 Unicorn Company! (first update)
"Happy Farm" is a social web game focusing on planting. Users can play the role of a farmer, reclaim land and grow various vegetables and fruits in their own farm.

In the game, in addition to watering and weeding and removing insects for friends, players can also occasionally make trouble for friends. They can plant pests and weeds in their friends’ fields, and they can also steal their friends’ ripe fruits.

As a social network netizen, the most obvious game feature of "Happy Farm" is that it emphasizes strong interaction, and this interaction does not require both parties to be online at the same time.Selena can already predict that many people may set the alarm clock to "steal food" in the middle of the night.It has to be said that this "stealing food" setting in "Happy Farm" almost promotes weak interaction games to a new peak!
How could Selena not be shocked?

Selena then began to arrange for people to register a company overseas and recruit a game development team at the same time!
During the period, Selena asked Li Zetian about the name of this new game development company. Li Zetian thought about it and said a name - "Page Game Workshop", a company specializing in the development of web games.

……

Within two days, DFJ suddenly announced that it would invest US$1000 million in the FaceToFace website created by Mark Zuckerberg, which caused a great stir in the venture capital circle.

Facebook's rivalry with FaceToFace has been known for weeks.But the Facebook website is obviously better than the FaceToFace website, so investing in the FaceToFace website is actually very risky.

Norman Virginia, CEO of DFJ, said: "FaceToFace has great potential for development. The founder of the company, Mark Zuckerberg, is a genius from Harvard University. he!"

Of course, Norman Virginia did not say that he had called Facebook and offered to invest in the Facebook website, but unfortunately he was rejected, and then he settled for the next best thing before investing in FaceToFace.At present, Facebook is indeed one step ahead of FaceToFace, but the battle between the two websites has just begun. Norman Virginia believes that under the impetus of capital power, FaceToFace will definitely develop rapidly and surpass Facebook. In a situation like this, There are many examples.

As far as Norman Virginia knows, Facebook has not yet accepted any investment from venture capital firms. In his opinion, this is a stupid and conservative idea. Why does the company develop rapidly if it does not give up shares or accept investment?
"Hehe, within a year, the Facebook website will go bankrupt, and the campus social network will not allow two websites of the same type to appear!" Norman Virginia concluded.

It's a pity that Norman Virginia didn't know that Facebook didn't need financing, but because its boss was the son of Chronos Li...

Facebook Inc.

Tina Gates is discussing with William about DFJ's investment in FaceToFace. Tina Gates' beautiful blue eyes reveal a hint of worry, "After DFJ invests mainly in FaceToFace, this is not good for us. !"

Tina Gates knows that Facebook has only 500 million US dollars in starting capital. In order to quickly promote the website, it has already spent a lot.But now is the critical time for Facebook and FaceToFace to compete for users. If FaceToFace spends money on advertising to buy traffic, and then converts these traffic into users, it may really let the other party catch up.

William nodded and said, "It seems that we have to raise funds in advance!"

"Well, I also think it is necessary, but the investors we choose should be of great help to Facebook!" Tina Gates winked at William.

William understands that, although he wants to start his own business, he is the son of Chronos Li after all, so some resources can still be used, such as finding Google, YouTube or Tencent to invest in Facebook.

That night, William first contacted his sister and said on the phone: "Sister, hehe, I want to tell a good thing!"

"What good can you do?"

"Facebook is ready to raise funds, is Tencent interested?"

Now that Youran has become the CEO of Tencent, it is natural to work hard for the development of Tencent. When she heard that Facebook is going to raise funds, Youran's big eyes gleamed, and she said loudly: "Of course I'm interested. Tell me first. How much money Tencent needs to invest, and how much money Facebook can sell.”

William said: "Facebook is very promising, so the valuation is very high. In this way, if Tencent invests 1000 million US dollars in Facebook, I am willing to give 1% of the shares to Tencent."

Li Youran thought for a while, and then agreed: "Okay, because you are my younger brother, I will help you, and I will have a meeting with the company tomorrow to discuss. But 1% of the shares is too little, Tencent is willing to contribute 5000 million US dollars, take 5% of the shares!"

William thought for a while, nodded and said, "Okay, 5% is 5%. Hehe, thank you sister, I guarantee that this investment will make Tencent a huge profit!"

After finishing the call, William then called Larry Page, CEO of Google, and said that Facebook needs financing, you can figure it out~
In the afternoon of the next day, both Tencent and Google agreed to invest in Facebook, with an investment amount of US$5000 million and US$3000 million respectively, each obtaining 5% and 3% of the shares of Facebook.

8000 million US dollars is actually enough for Facebook to use for a long time, but in order to completely crush FaceToFace and demonstrate the strength of Facebook, William contacted several well-known venture capital companies, such as Goldman Sachs, Sequoia Capital, idg Capital, etc., Intend to use their resources to help Facebook develop rapidly.

Goldman Sachs Group.

"Facebook plans to conduct a round of financing, what do you think?" an old man in the Goldman Sachs conference room said.

Immediately someone said: "Facebook is developing well, and I think it has a bright future. Goldman Sachs should seize this opportunity and invest in Facebook!"

But some people immediately objected: "Facebook's valuation is too high, and an investment of 1000 million US dollars only gets 1% of the shares, and the return on investment is not high. In addition, I think the potential of Facebook's campus social network is not great, and the social circle is too large. Small."

"Yes, I also think the social circle is too small and the number of users is limited. If the valuation of Facebook is lower, it is okay to invest in it, but the valuation is as high as 5 million US dollars, so there is no need for Goldman Sachs to invest in it!"

"Yeah, not to mention that Facebook still has a competitor. Now that the outcome is tied, the risk of investing in Facebook is still very high!"

Someone concluded: "The return on investment is not high, and there are still great risks, so I think Goldman Sachs should give up this investment in Facebook!"

"I agree!"

"I agree!"

"..."

At this time, the situation of Sequoia Capital is completely different from that of Goldman Sachs Group.

Facebook is a start-up company, and it’s only been a few months, but its valuation has reached as much as 10 billion US dollars, which seems a bit high, but when Sequoia Capital heard that Facebook was going to raise funds in advance, it wanted to invest in it One or two billion dollars.

Paul said: "The Facebook website is the first entrepreneurial project that Chronos Li handed over to his son, and it must have great potential for development!"

The directors of Sequoia Capital nodded again and again.

Paul went on to say: "So, Sequoia Capital must win more Facebook shares! We will eat as much as they give!"

"That's right!"

"I support it too!"

……

In the end, only Sequoia Capital was willing to invest in Facebook's invitation, and other venture capital firms believed that Facebook's valuation was too high, so they were unwilling to invest.

Sequoia Capital invested 2000 million U.S. dollars in one investment, but Facebook didn't want any more.

On April 4, Facebook announced that the A round of financing was completed, and Facebook received a total investment of 1 million US dollars from Tencent, Google and Sequoia Capital!

This shit shocked the venture capital world!

They are not optimistic about the project, Tencent, Google and Sequoia Capital actually did not hesitate to invest huge sums of money, which really pushed Facebook to the position of a unicorn company with more than 10 billion US dollars! ! !

(End of this chapter)