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June 7, 2004
New York
? Five-star Peninsula Hotel
In the small conference hall on the fourth floor, the Red Hat Venture Capital Fund under the consortium is conducting a centralized review meeting for venture capital projects. Entrepreneurial teams from famous Ivy League schools such as MIT, Harvard and Stanford University have 11 project founders in total. Participate in review meetings.
A buffet party is being held in the hall outside, and a variety of meals, fruits and drinks are placed on the long dining table.
The young business elites in suits and leather shoes were not in the mood to talk, nor were they in the mood to eat and drink. Instead, they gathered in groups of three or four and discussed nervously how to deal with detailed inquiries from venture capital funds.
For every project founding team present, the review of Red Hat Ventures is very important, because Red Hat Ventures' reputation in the industry is numberone (first).
Everyone is very nervous and cherishes this precious opportunity very much, because it may change the destiny of life.
It is said that
The godfather of Silicon Valley, Boss Wang, will come to the scene and have a brief chat with the entrepreneurs.
? For every elite student who is interested in engaging in network high-tech entrepreneurship;
The boss king is the eternal idol in my heart, a pioneer with shining light, and a great god who has ascended the throne without any dispute, and is worthy of worship.
Mark Zuckerberg, who always dresses casually, wore a light-colored suit and no tie today. He has always disliked ties, calling them ~ suffocating cloth strips, the most boring invention in the world.
The facebook entrepreneurial team also includes Adam D¡¯Angelo, his high school buddy, Dustin Moskowitz, his Harvard classmate, Chris Hughes, and Eduardo Saverin, a total of five 20-year-olds The hairy boy.
"Everyone be quiet, we must seize this precious opportunity, oh my god! I still can't believe this is real, to be able to meet my idol boss king, I am so excited that I want to sing. "Dustin Moskowitz's voice trembled a little.
"Tch, do you need to say that?"
"Just shut up, Moskowitz, and let's hear what Zuckerberg has to say?"
Dustin Moskowitz didn't take the ridicule of his partners to heart, and everyone's eyes were on Mark Zuckerberg, who is the soul of the project and the original designer of the software.
Seeing everyone looking at him, Mark Zuckerberg couldn't help puffing out his chest, coughed twice pretending to be calm, and said;
"Listen, guys, I have great confidence in this social software. It has reached 650,000 users in the few months since it was launched, covering more than 400 schools in California and nearby. It is called a "friendship tool" by students.
Our project is very competitive, and Boss Wang will definitely see the potential in it and is willing to invest in us.
Because that is the boss king, no one knows the Internet world better than him.
In order to do a good job in this project, I am going to give up my studies at Harvard University and devote myself to the Facebook project, rapidly expanding our user base to universities in the United States, as well as Canada and Europe.
What we have to do now is to introduce the infinitely bright prospects of the facebook project to Red Hat Venture Capital and get the crucial start-up capital.
Because we can no longer sustain our skyrocketing user base on $85 a month leasing computers, and we need that money. "
The partners nodded approvingly in agreement. Every year, Harvard University alone has hundreds of thousands of entrepreneurial projects, and less than 110 of them can last for more than half a year. Most of them are interrupted due to funding problems.
The buddy Adam D'Angelo thought for a while and asked; "Look, Zuckerberg, we don't know how much this project is worth yet, what price do you think is appropriate to quote?"
"yes!"
"How about 1 million US dollars, will the quotation be too high?"
"Okayyou all don't interrupt and listen to what Zuckerberg has to say."
When everyone quieted down, Mark Zuckerberg smiled confidently and said, "Before I came here, an investor Peter Thiel approached me and was willing to offer 500,000 US dollars for a 10% interest, but I refused. , because he cannot provide the channels and technical support needed for the future development of the facebook project, so my project quotation is 5 million US dollars, and no more than 30% of the co-founders will be sold.Is it operating? "
"I agree with Saverin. Boss Wang has invested in more than 160 Internet companies. How can he have the energy to ask questions in person?"
"Hehe Don't forget that he is the richest man in the world, far more than the 360 ??billion US dollars reported by Fortune magazine, his assets should exceed one trillion US dollars, and he can still look at our small money, which is too much of himself. Seriously."
"If the valuation can reach 5 million US dollars, I am willing to sell my share. It is not bad to be a company executive. I can enjoy the dividends of the option pool and remain invincible."
"Yes, I agree too."
Seeing the unanimous opinions of his partners, Zuckerberg finally flinched, thought for a while and said; "Since you all agree, I am willing to let Red Hat Ventures account for more than 50%, but I will not sell the equity in my hand." , you are free to do so.¡±
"Okay, that's fine. It is hoped that it will be classified as a category A investment of Red Hat Venture Capital. Only then will the Facebook website project be able to receive strong support and become a real winner."
? Dustin Moskowitz breathed a sigh of relief, finally convincing the stubborn Mark Zuckerberg, which was not easy at all. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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