My Age of Investment - Chapter 1477 digging again

   Chapter 1477 Digging again

   "Facebook goes public, creating thousands of multimillionaires",

   "Revealing the story behind Facebook's listing and wealth-making movement: all 4,052 employees of the company hold shares, with an average holding of $13.09 million in stocks or options",

   "A feast of wealth, from founders to investors to employees, everyone is smiling",

   "Facebook's biggest winner, Christina, is worth more than 10 billion US dollars and will become a strong contender for the position of America's richest woman",

  …

   Sitting in the Silicon Valley office of Vision Capital, Xia Jingxing was holding a cup of coffee and browsing the news on the computer with a calm expression.

   Today is the second day of Facebook’s listing, and related news reports are still spreading and fermenting.

   The news that people are most interested in is the story of making wealth, and the media naturally writes articles according to the readers’ preferences.

  Whether it is the legendary investors Andrew and Principal John who have created more than 10,000 times the return on investment, or the Japanese student dog who has entered the rich list, they are all names that have frequently appeared in the news in the past two days and are talked about by people.

   On the contrary, Xia Jingxing, the main founder, was a little lonely in the news reports, and the media ridiculed him with yin and yang for cashing out his equity too early, thus losing a great wealth and earning tens of billions of dollars.

Now the outside world generally thinks that the ten percent stake held by Vision Capital has little to do with him as CEO, and it is even more so with Christina. Even the group photo of the listing is separate. This is the most powerful proof. .

   Naturally, Xia Jingxing was too lazy to pay attention to the media's fabrications, and even wished that the media could use their extraordinary imagination again.

   But apart from him, other reports in the media are also somewhat untrue. For example, Facebook's multi-millionaire per employee is very wrong.

   Even without considering such things as the exercise price, it is impossible for ordinary employees to really get stocks and options worth tens of millions of dollars.

  According to the habits of Silicon Valley, as long as employees are granted options or equity, they will rarely buy back even if they leave later.

Therefore, the more than 5 billion US dollars of stocks and options that Facebook has granted are not only shared by more than 4,000 employees currently on the job, but also some employees who have left have shares, such as Yang Haoyong, Shen Xinyi, Gao Lili and others. There are stocks ranging from eight to nine million dollars to more than ten million dollars.

   In the past two days, Xia Jingxing has received many congratulations and thank you calls from current and former employees.

Departing employees, such as Xia Jingxing’s sports investment advisor Chamath and Quora founder Adam DeAngelo, both of whom served as Facebook’s vice presidents, left the company long before it went public, and they still have stock in their hands. I sold seven, seven, eight, eight, and went outside to start a business.

   Now with the listing of Facebook, many Facebook employees have capital in their hands, and they are all ready to learn how to leave the company and start a business.

Under the instruction of Xia Jingxing, Chamath and Adam set up an organization of former employees two years ago to help employees who left Facebook to start businesses and re-employment. At this time, they have gained a lot of momentum in Silicon Valley, forming a group of employees. A huge network of people.

   Vision Capital, as the exclusive venture capital partner of the organization, has also invested in more than a dozen companies founded by former employees in the past two years, extending the investment tentacles of Vision Capital from a broader perspective.

   Today, Chamath and Adam called Xia Jingxing to tell him that who is going to leave, who is going to consult about starting a business...

   In short, it is a sentence, people are fluctuating, the company has just completed the listing, and many people are ready to retreat.

   But this is also a normal phenomenon. There is no permanent banquet in the world, and whoever has money is willing to work.

   Just as Xia Jingxing was thinking about this, the phone on the table suddenly rang.

  Xia Jingxing picked up his mobile phone and saw that Lou Wei was calling, and quickly connected the call.

   "Jing Xing, congratulations, the listing was successful, creating the world's largest IPO this year. I should have called you yesterday to congratulate you. I was afraid that you were too busy, so I called you today."

  Xia Jingxing smiled, "Thank you! This should be regarded as fulfilling my mission, creating a fairly decent investment result for LP."

   Hearing the words, the laughter on the other end of the phone became more hearty.

  Because CIC is also one of the biggest beneficiaries behind Facebook’s listing.

   A few years ago, Xia Jingxing sold a 15% stake in the S Fund to China Investment Group. Even though the listing diluted part of the equity, CIC still indirectly held a 2.26% stake in Facebook through Envision Capital.

  This asset alone is worth more than 2 billion US dollars, which completely recouped the 1.5 billion US dollars invested by CIC, and also netted some shares in Ali, Domestic Holdings, and YouTube.

  Because of this investment, CIC, which has stepped on a lot of pitfalls in the international financial investment market in recent years, can also regain some face.

   "Actually, in addition to congratulating you on the phone call this time, there is one more thing to discuss with you."

"whats the matter?"

   "We plan to allocate another amount of funds to you or to Vision Capital Management, with a scale of not less than 10 billion US dollars. We can discuss the specific number further."

   Hearing these words, Xia Jingxing's head froze instantly, this is an addiction, right?

   The blue-blooded nobles only called him once yesterday, and they all said that they would invest more. Now Lou Wei has come to the door again.

   In fact, after thinking about it carefully, I think it is normal, because with the listing of Facebook, some equity assets began to turn into real money, and LP's trust in him has increased significantly again.

   Xia Jingxing did not rush to agree, he had to think about this matter again.

  In the past, there was a shortage of funds, but there was no shortage of good investment projects and investment opportunities, but now it is the other way around.

   "I want to study this matter again. The situation of the fund is a bit complicated. When I return to China, I will meet with you and have a detailed chat."

   "Okay, then go back to China and talk about it."

  …

   hung up the phone, Xia Jingxing pinched his eyebrows, too much money would be hot, how could he have so many cakes to divide, or else... direct their funds to invest in semiconductors?

   Before Xia Jingxing came up with a perfect plan, Ricky Milner knocked on the door and walked into the office, followed by Masayoshi Son behind him.

   "Mr. Sun is here, please take a seat."

  Xia Jingxing got up and greeted Sun Zhengyi warmly, not too surprised, knowing that the other party was here for the YouTube business.

After   Ricky Milner brought people into the office, he exited the room and gently closed the door. Only Xia Jingxing and Sun Zhengyi were left in the room.

  After sitting down on the sofa, Sun Zhengyi didn't make any sloppy eyes, and asked straight to the point: "Daren, what are your plans for the YouTube thing?"

  Xia Jingxing saw that Masayoshi Sun was so direct, so he answered very readily: "I will not hide it from you, YouTube may need to raise another round to support it until the day it is acquired by Facebook.

   And with new financing, Youtube can make a lot of momentum this year and prepare for the next acquisition. "

  Sun Zhengyi carefully looked at the expression on Xia Jingxing's face, he suspected that the other party was digging a hole again.

   Don't blame him for thinking, because Xia Jingxing has a criminal record and he has to guard against it.

   "Daren, the loss of the oil pipeline is too great, Softbank may not invest in it again." Masayoshi Son said helplessly.

   "Oh~"

  Xia Jingxing nodded lightly, "I actually understand your concerns and difficulties, but it doesn't matter. SoftBank's withdrawal from this investment will not affect the friendship between you and me at all."

   Seeing that Xia Jingxing was so decisive, he didn't even mean to save himself, Sun Zhengyi couldn't help but be suspicious.

   "Daren, have you found a suitable investor now?"

"found it!"

   "Who?"

"Myself!"

  Sun Zhengyi looked at Xia Jingxing who was smiling, and his doubts became deeper.

   Wouldn’t it be hard-to-get?

   He is no stranger to the Chinese art of war. After all, it was passed down by his ancestors, and he also learned a thing or two.

   (end of this chapter)