My rebirth is different

Page 937

"Facebook went public with a market capitalization of over 500 billion! "

"Tremble, mortals, the Internet giant has officially ascended the throne!" "

"The future of the Internet industry is promising, starting with the listing of Facebook. "

"Inventory of domestic Internet companies, which one can become the next Facebook. "

On the day Facebook went public, it was not only the Facebook employees who stayed up all night, but also thousands of Internet colleagues.

All eyes are on the Facebook listing.

Pengcheng, Brother Xiao Ma and the executives have been sitting in the big conference room, also paying attention to the listing of Facebook.

If there is any Internet company in China that can be compared with Facebook, it may be Tencent.

In terms of the number of users and user activity, QQ is on the same level as Facebook. Even Yu Wenfei has launched WeChat, an instant messaging software, but up to now, WeChat still has not surpassed QQ.

After seeing the market value of Facebook as high as more than 300 billion U.S. dollars, Xiao Ma also had a smile on his face, and he said excitedly: "Have you seen that! I knew that social networking sites or software are the most powerful in the Internet industry." Prospects! After our company goes public, the market value should reach the height of Facebook."

Tencent is also going public, and soon.

However, it is going to be listed on the Xiangjiang Securities Market, and the preparations are almost complete, and it will be officially listed in April soon.

Two months before Tencent's listing, Facebook set a good example. Similarly, the higher the market value of Facebook, it is good news for Tencent, because two months later, when it goes public, there will be more a reference.

So Brother Ma is not jealous of Facebook's performance, but hopes that Facebook's performance will be even better!

…………

Tencent is not in direct competition with Facebook, and it can still suppress WeChat, and it is facing an IPO, so it hopes that Facebook will perform better in the stock market.

But Facebook's direct competitors don't think so.

The heads of companies such as Sina Blog, Sohu Blog, Blog China, etc., saw the opening price of Facebook, and their hearts were ashamed, and they were not in the mood to continue reading.

The Sina blog was banned by the Cyberspace Administration of China for two months last year because of vulgarity and other reasons.

The “pillar” Mei Muzi who was dug up was also named and criticized by the Cyberspace Administration of China, which caused Sina blog to have to fight for survival, terminated Mei Muzi’s contract, and carried out a major rectification of the whole site, so that the website was unblocked.

After that turmoil, the gap between Sina Blog and Facebook has widened to an unreachable level.

Nor did they think twice about challenging Facebook's dominance.

However, the success of Facebook's listing this time is definitely not a good thing for them.

Because in the Internet industry, the winner takes all, and everyone understands the truth that the strong will always be strong.

Facebook has a good foundation and a large user base, and now it has received such a large sum of money from the stock market.

In the blog field in the future, wouldn't competitors have no place at all?

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Of course, Yu Wenfei and Facebook executives don't know what their peers and competitors think, and they don't care.

In the evening, a grand celebration dinner was held at the hotel where we stayed.

"Congratulations to Mr. Fei. Last year, everyone said that you were the invisible richest man in mainland China. Now that Facebook is listed, you don't have to be invisible anymore. On this year's Hurun Rich List, you will undoubtedly reach the top and become the veritable richest man!"

Xue Chunlai held a goblet, and congratulated Yu Wenfei with a happy face.

He is very happy today, the success of Facebook is also his success.

It was he who suggested to Mr. Sun to invest in Facebook at the beginning. With this investment, Softbank Capital has made a lot of money!

As the head of SoftBank Capital's mainland region, his performance and dividends are of course no less.

"You mean the pig killing list? Haha, it's not necessarily a good thing to be on the top of the list." Yu Wenfei joked.

"The list may not be a good thing for others, but Mr. Fei, you are an Internet worker, and you earn a lot of money. What are you afraid of being on the list? It will only increase your popularity, which is a good thing!" Xue Chunlai said indifferently.

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The earliest rich list in China is the "Hurun Rich List". This list is also nicknamed the "Pig Killing List" among the people, and there is a reason for this.

Hoogewerf, a British man who claims to have been in China for 15 years, created a list of China's richest people - the "Hurun Report" based on his own interests

Since the birth of the "Hurun Report" in 1999, the entrepreneurs on the list have attracted attention.

However, the "big tree attracts the wind", and the economic problems of some entrepreneurs are also paid more attention to, so among the people, the "Rich List" is jokingly called the "Pig Killing List".

Someone once asked Hu Run this question, and Hu Run said seriously: "I strongly disagree with this statement"!

Chapter 792 How to Spend Money

As an accountant, he talked about the problem with data: "Over the years, there have been 1882 entrepreneurs on the rich list, and 24 of them have financial problems, that is to say, this ratio is 1.3%, which is very small.

I did the math, 24 of them committed an average of 2.6 crimes, they were in prison for 11 years, the average age of imprisonment was 45 years old, and they were released at 56 years old.

At this age group, they have accumulated a certain amount of experience and are the most ambitious, and the higher the ranking, the higher the attention, so they are prone to accidents. "

However, no matter how Hurun defends, many rich people are afraid of being listed on the "killing pig list" by him.

According to folk rumors, there was even a rumor that a rich man gave Hu Run money, begging him not to write his name on it.

The older generation of rich people made their fortunes in the early days of reform and opening up. To be honest, they were somewhat unclean, or it was impossible to make a fortune cleanly in the general environment at that time.

Once you are on the rich list, under the attention of everyone, there will always be people who will find you unhappy and want to trouble you.

But Yu Wenfei is different. Just like Xue Chun said, he is in the Internet industry and high-tech.

Every penny he earns is clean, and he has very little involvement with the government and the country, so there is no need to worry about someone checking him or something.

…………

Facebook was successfully listed, and Yu Wenfei and others returned home with a full load.

Through the listing, 60 billion US dollars were directly raised. After deducting the money distributed to the underwriters, there are still more than 58 billion US dollars left. Of course, it can be called a rewarding return!

After returning to the company, Yu Wenfei directly convened a board meeting to discuss how to spend the money.

Cai Congxin took the lead in speaking and talked about several investment directions.

"As per the listing instructions, the money will be used in three ways."

"The first is the development of Facebook's main business, which is used to purchase servers, expand computer rooms and other basic investments, and continue to expand the scale of recruitment to prepare human resources for the company's development."

"Second, Facebook has promised investors during the road show that Facebook will go global. Now, our foundation has been solidified and our human resources are sufficient to go global. So, this year, Facebook's The main task is to establish a North American subsidiary, which will also undertake the important task of Facebook going global."