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Cai Congxin optimistically estimates that in about half a year, Facebook's advertising revenue will be equal to the company's daily operating costs!
In other words, Facebook finally stopped losing money.
This is good news. During the road show in a few days, Cai Congxin is going to make a fuss about it!
For industrial companies, it is obviously not worth advocating for a company to reach a balance of payments, and it may even feel ashamed.
But for Internet companies, the meaning is completely different!
From a global perspective, few large Internet companies can achieve a balance of payments, and these companies, without exception, have become Internet giants and are deeply supported by investors.
…………
Hearing Yu Wenfei's question about the road show, Cai Congxin blushed and said with great interest.
"Yes, Mr. Fei. My team and I plan to leave the day after tomorrow! The first stop is Xiangjiang, the second stop is New York, the third stop is San Francisco, and the fourth stop is London. There are four stops in total. If the results are good, we will start immediately after the four stops. Listing! In this case, it can be listed on Nasdaq in early March."
After working for so many years, Cai Congxin's dream is to stand in front of the gate of Nasdaq or New York Stock Exchange and ring the bell.
If you can't be the protagonist, then it is acceptable to be a supporting role.
This dream is finally coming true!
And as a protagonist, how could he not be excited when he came to the front of the stage.
What's more, this Facebook listing plans to raise up to 40 billion U.S. dollars. This is a huge amount of money, and it is estimated to be the largest fundraising on the Nasdaq market this year.
For this IPO, Cai Congxin is not worried, not to mention that Facebook now has its own unique profit method.
Even if there is no revenue at all, someone will definitely pay for the 40 billion because of Facebook's status in the domestic Internet industry and its bright future!
Now, he even feels that the price of one hundred dollars is too conservative...
But this is okay, as the road show progresses, the stock pricing can be adjusted at any time.
If investors recognize Facebook very much and rush to subscribe for shares, then the price of Facebook stock can be raised.
Moreover, such things are very common and will not be resisted by European and American investors.
As for how high the price should be raised, it depends on how high the price can be accepted by investors, and also depends on how hard Citibank, the listed underwriter, promotes and how many powerful investors it can help find.
Why do I have to hire an old American bank like Citigroup for IPO listing and give them so much handling fees, the purpose is to let them help me sell the stock at a high price!
Yu Wenfei nodded with satisfaction. He has recruited many real elites in the past year.
People like Cai Congxin, Fang Zhiyan, Shen Nanpeng and others have indeed reduced too much burden for themselves.
If it weren't for them, I guess I wouldn't even have thought about launching so many fronts at the same time, and I would have tossed myself to death just by going public on Facebook.
Fortunately, I have experience in controlling a large group company, understand the preciousness of talents, and how to properly delegate power, and have recruited several generals.
Therefore, it is possible to simultaneously attack in several major fields including the Internet, games, computers, and mobile phones!
…………
Turning his head to look at Ai Fei, Yu Wenfei remembered something, and said with a smile: "How about it, Mr. Ai, are you envious to see the listing on Facebook?"
Effie was researching whether the tableware on the table was silver, when she heard Mr. Fei order her name, and quickly put down the spoon in her hand.
He replied: "Hey, I'm a little envious, but Facebook is the big brother, and it should be the first to go public. Our Facebook game will go public sooner or later."
Yu Wenfei asked again: "It seems that you didn't get the equity incentive from Facebook?"
Hearing Yu Wenfei talk about this issue, Cai Cong gave a "thump" in confidence.
In fact, Facebook's current executives have discussed this issue. This matter not only involves Effie, but also involves many, many separated employees.
Facebook is a family of several major companies. It can be said that Facebook is the "parent" company. The other companies used to be a business unit of Facebook, but they were spun off separately later.
And the employees of those companies were also old Facebook employees...
In this case, whether or not to give those people equity incentives, this question gave Cai Congxin and the others a lot of headaches.
If you want to give it, then this matter will be even more troublesome. There are also many employees on Facebook who have not received equity incentives, and there are still some opinions.
If equity incentives were given to the employees of other branches, wouldn’t it be even more unfair for Facebook employees who didn’t get the shares?
In the end, it was Cai Congxin who made the decision himself. Those who went to other companies will no longer be given equity incentives!
Therefore, even Effie, a heavyweight figure with a pivotal position in the Facebook family, did not receive equity incentives.
Cai Congxin once thought about whether to ask Mr. Fei for instructions, but in the end he didn't do that. He just gave Yu Wenfei the incentive list that had been drawn up.
Regarding the list, Yu Wenfei did not put forward any opinions, and signed it readily, which also made Cai Congxin feel at ease, thinking that he had done the right thing.
However, Mr. Fei suddenly brought up this matter today, and asked Effie directly, could it be...
Thinking of this, a layer of sweat broke out on Cai Congxin's back.
He looked at Effie, not knowing how Effie would answer Mr. Fei's question.
Effie also thought for a while before answering Yu Wenfei's question, because she also felt that if she didn't answer this question well, she would offend others!
Although I don't know why Fei always asks on this occasion, when several giants of the company are present, but since he asked, he must answer carefully.
"Well, I didn't get it. But I don't think I'm qualified to get it. Although I also worked at Facebook for a while, thanks to the trust and appreciation of the leaders of the company, I led the team to establish the Facebook game company. company.
From the day I moved to the new company, I was no longer a Facebook employee.The past achievements have been rewarded by the company with salary, benefits and job promotion.
All my efforts and focus in the future will be put on the new company.
Therefore, when Facebook goes public, of course I am not eligible for equity incentives. "
Among all the employees separated from Facebook, if there is really anyone who should receive equity incentives, even if there is only one person, then this person must be Effie!
Because her contribution to Facebook is absolutely indelible.
Don't forget that the first battle for Facebook to truly establish its monopoly on the social platform was the celebration of the Spring Festival last year.
Not only was the plan planned by Effie, but during the Spring Festival, the entire Facebook company was also controlled by her when she came, and Yu Wenfei completely delegated power to her.
It was at that time that Effie became famous!
Single-handedly cultivated the two pillars of Facebook, "Nan Muzi, Bei Furong", defusing the public opinion attacks of several major competitors on Facebook, and completely defeated Sina Blog, a potentially powerful competitor!
Since then, Effie has really been appreciated by Yu Wenfei, and has been promoted all the way, like a rocket. Only a year has passed, and she has become one of the giants of the Facebook family.
Her experience made many students from Jiaotong University go crazy with envy.
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