Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in hlnovel.com -> Romance -> Looking back at 1991

Chapter 547 Facebook

Previous page        Return to Catalog        Next page

    You can search "Looking Back 1991" in Baidu to find the latest chapter!

    Mark Zuckerberg is the soul and leader of the entire project, as well as the original initiator and patent holder.

    In the facebook website project, Mark Zuckerberg has 65%, Saverin has 25%, Dustin Moskowitz has 5%, and the remaining 5% is shared by Chris Hughes and Adam Derrick.  Angelo split the two equally,

    Therefore, Mark Zuckerberg's opinion is crucial.

    He disagreed, everything was just a dream.

    Among the more than 160 network high-tech enterprise projects invested by Red Hat Venture Capital Fund, there are mainly two types of investment, a and b.

    Among them, type B investment occupies the vast majority.

    The angel round investment ranges from 10% to 30%, and rarely exceeds 30%.

    Most project founder teams are short-sighted and unwilling to transfer too much equity in their hands. They are afraid of being taken away from the company's right to speak. Angel round financing is only willing to sell a small part of equity. This type of investment is generally classified as B-type investment.

    For category b investments;

    ? Red Hat Venture Capital Fund basically invests money and it is over, with little follow-up and more relying on its own strong influence to introduce and drive other investment funds to enter the project to share risks.

    In other words, there will be no strong support, and everything depends on the founder team's own struggle.

    The highest priority is category a investment;

    The most striking difference is that Red Hat Venture Capital funds account for more than 50% of the investment, sometimes even as high as 80% to 90%. According to the priority, only about 15 projects enter the category A investment, and there are only 23 projects in total.

    However, these 23 companies are all high-tech companies strongly supported by Red Hat Venture Capital, with open supply of resources, channels, and funds, just like treating their own sons, and now they have achieved remarkable results.

    Yahoo, Amazon, Google, Tuku, YouTube, graphic websites, etc. are among them, and they are the most successful cases in category A investment.

    Other companies are almost all the best among similar websites in their respective segments, with a success rate as high as 70%.

    The last type is C-type investment. Red Hat Venture Capital¡¯s angel rounds account for less than 10%, most of which are between 3% and 8%.

    The investment amount of this kind of project is strictly limited to less than 500,000 U.S. dollars in a single transaction, just to control investment risks, and 50,000 to 80,000 U.S. dollars are very common.

    In Silicon Valley, similar companies have invested in hundreds of them, basically ignoring them and letting them fend for themselves in the brutal competition.

    basically

    In the category c investment, few of these hundreds of companies can survive in the end, and there will never be more than 30 companies.

    Afternoon

    The facebook website project was the last few interviewed projects. When the business secretary brought Zuckerberg's founder team into the small conference hall, everyone raised their hearts nervously.

    "Please come in, the judging committee is waiting for your wonderful presentations, I wish you good luck!"

    "Thank you, sir."

    Five future business elites in their 20s stepped on thick pure wool carpets and walked into the small conference hall anxiously.

    The arrangement in the small conference hall is in the form of a salon. Members of the review committee may sit or stand, chatting leisurely and exchanging their opinions on the review of the previous projects.

    The presiding judges were Tian Yuan and Wilkinson, the famous Silicon Valley venture capitalists. Seeing Zuckerberg and his party, five people walked in crampedly, and greeted them with a smile.

    "Hey, relax buddy, we're just chatting briefly, do you need a glass of French red wine?"

    "Uhif I may, sir, I do feel nervous."

    "Hehehe, when we were 20 years old, we didn't have the courage you have now. You are Mr. Zuckerberg, right? I am Tianyuan, the fund manager. Nice to meet you."

    Tian Yuan stretched out his hand actively, and Zuckerberg stretched out his hands to hold it excitedly, and said;

    "I have long heard the legend of your dominance in Silicon Valley, the Chinese-American investment financier who is hailed by Wall Street as the most valuable discovery vision, and has the title of 'King of Venture Capital'. It is my honor to receive your teachings.  pleasure."

    "These are all rumors, not to be believed. I am more optimistic about the sincere cooperation between each other."

    Tian Yuan looks fair and clean and wears a pair of gold-rimmed glasses. He looks like a gentle and elegant middle-aged man, as friendly as a professor in a university.

    He is the chairman of the video YouTube website, the executive director and senior vice president of Global Communications, and the manager of the Red Hat venture capital fund. He has a long list of dizzying titles.

    At the same time, it is also a well-known Silicon Valleysp; The stronger the consortium is, the smoother the business will be. There will be many investment opportunities offered to them to choose from, and there are many good projects with promising prospects.

    ? What the founder team wanted was nothing more than the mentality of hugging your thighs and leaning against a big tree to enjoy the shade.

    Just like investor Peter Thiel approached Mark Zuckerberg and was willing to bid $500,000 for a 10% interest in the Facebook website. The overall project was valued at $5 million, but he was still rejected.

    This is not just enough money, the founder team pays more attention to the great benefits that the follow-up can bring to the project.

    Undoubtedly, investor Peter Thiel cannot give these things.

    But Red Hat Ventures can,

    Once the outside world learns that facebook.com has received Red Hat's Class A investment, the value of the facebook.com project will skyrocket. Immediately, countless investors will flock to it, crying and shouting to give the money to Mark Zha  Kerberg, this is the power of Red Hat Ventures in the industry.

    Not to mention the valuation of 4 million US dollars, there will be people rushing to ask for 40 million US dollars.

    Did you make a mistake?

    Isn't the investment vision of the ace investor pastoral not worth 100 million US dollars?

    As for the behind-the-scenes big boss Wang Yaocheng, no one would have thought that he would personally be optimistic about a certain project, and his subordinates were all operating it.

    Because Boss Wang has not made a move for five years since he invested in Alibaba and Google in 1999, and it is difficult to arouse his interest without a multi-billion dollar M&A case, let alone a mere venture capital project.

    Wang Yaocheng walked around the presidential suite twice excitedly. Ivanka, who was wearing thin pajamas, came out and looked at him in surprise, and asked, "Honey, what's wrong with you? Is there anything particularly happy about it?"

    Seeing the long-legged beauty Ivanka's charming figure, looming in the pajamas, a flame of desire rose in Wang Yaocheng's heart, and he walked over aggressively.

    "Uh ah" Ivanka cried out in shock.

    Wang Yaocheng suddenly picked up this childlike beauty with plump breasts, and rushed into the bedroom with great strides
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