My Age of Investment

"Peer"

Xia Jingxing bowed his head and softly called the name of the baby who was sleeping soundly on the bed.

Looking at the little baby in front of him, Xia Jingxing couldn't help but smile.

Yes, he is happy to be a father again.

Kristina went into labor two days ago and gave birth to a little baby.

The only regret was that when he arrived in the United States, the child had already been born for several hours and he was unable to witness this joy for the first time.

Xia Zerui on the side suddenly jumped up, with a pair of short legs hanging in the air, holding the edge of the bed tightly with both hands, revealing his little head and looking at his sister with closed eyes, then tilted his head and whispered to his father: "You Keep it down and don't wake her up, she's a crybaby."

"Don't say that to my sister, because you were a crybaby when you were a child."

Xia Jingxing smiled gently and rubbed his son's head. The little boy was already over three years old. He had grown a lot taller and talked more than before.

Xia Zerui jumped out of bed, made a face for his father, and then ran out. He happened to bump into Kristina who came into the house. As expected, the little guy fell on his buttocks.

As a result, he didn't cry out in pain, and quickly stood up from the ground and ran away again.

Soon, Christina's scolding sounded behind him.

Realizing that his mother was really angry, Xia Zerui quickly came back to admit his mistake.

Xia Jingxing looked at this scene with a smile. The boss has always been lawless at home, but there are still people who can cure him.

Maybe Christina's voice was a little louder, but the little daughter on the bed was suddenly woken up and started crying.

Not caring about reprimanding her son, Christina quickly went to coax her little daughter, and Xia Zerui naturally took this opportunity to sneak away.

"Thank you for your hard work, these two little guys are not fuel-efficient lamps."

Xia Jingxing smiled and took his daughter from Christina's arms, but he was obviously not an expert at raising children. He couldn't coax the child for a long time and was still crying loudly.

"I'll do it, she must be hungry!"

After that, Kristina took the child back, then lifted up her clothes and started feeding the child.

Xia Jingxing smiled and said, "Has the media reported on your childbirth?"

Kristina replied without raising her head: "Of course I reported it, they are all scolding you!"

Xia Jingxing asked for his own displeasure and quickly changed the subject and said: "Facebook is about to usher in the second round of stock lifting period. Do you and the management have any countermeasures?

If left unchecked, Facebook's stock price may fall to a floor price. "

Xia Jingxing returned to China some time ago and was busy with trivial matters such as WeChat publishing and planning the 3Q war, so he never had time to deal with Facebook matters.

Facebook was listed on June 1 this year and has been on the market for more than five months.

In the first two months after listing, the stock price continued to rise, reaching a peak of more than 50 US dollars, and the market value once approached the US$200 billion mark.

However, the good times did not last long, and soon Facebook ushered in the critical day of the 90th day of listing.

Then, a large number of shareholders sold the first batch of lifted stocks on the rally.

Faced with this move, Facebook's stock price naturally suffered a heavy setback, first falling below $50, and then falling below the issue price of $40.

Facebook's stock price is currently hovering around US$30. Multiplied by the total share capital of 3.06 billion, the market value is less than US$100 billion, leaving only more than US$90 billion. The stock price has dropped by 40% from this year's highest point.

The ups and downs in stock prices have affected the confidence of many investors. If Facebook does not take effective measures as soon as possible, when the stock lifting period comes on the 180th day, a large number of shareholders will sell Facebook shares.

Once a large-scale shareholder "flight" occurs again, it is conceivable that Facebook's stock price will collapse again.

Kristina said calmly: "Humans are complex animals, and their ideas change all the time.

In the past, they recognized the growth and value of startup Facebook.

Now, they thought that the harvest season had come and it was time to harvest.

I have no reason to stop them!

What I can do is continue to unswervingly promote the transformation of mobile Internet. "

Xia Jingxing frowned. Judging from Christina's tone, there should be many shareholders who no longer plan to play with Facebook and will harvest their investment dividends in time.

Investment and exit are understandable and are processes that a normal investment institution will follow.

But it would be foolish to rush to sell stocks and trample on each other, which is also not conducive to Facebook's subsequent capital operations.

Xia Jingxing said, "You can rest peacefully and leave this matter to me. I'll ask everyone to talk about it."

Palo Alto.

On the lawn of an ordinary villa covering an area of ​​thousands of square meters, there is a long dining table covered with white tablecloth.

The dining table was filled with Facebook investors, including Breyer, Andrew, Principal John and other shareholders who held large shares of Facebook.

As the initiator of the meeting, Xia Jingxing naturally sat in the top position.

He looked at the group of old friends sitting on his left and right sides, and said with a smile: "I called everyone here today because I mainly want to talk about one thing, Facebook's second round of stock lifting!"

Hearing this, a group of shareholders showed expressions as expected.

They basically guessed Xia Jingxing's intention of inviting them to the meeting.

The group of people said nothing, silently watching Xia Jingxing, waiting for his exit.

"First of all, let me declare that I have no objection to everyone selling Facebook shares. After all, everyone has invested in Facebook for so many years, and now it is finally the return period. It is natural for people to cash out their stocks to improve their lives."

Xia Jingxing paused, glanced at the people present, and then said: "But I really don't recommend that everyone cash out Facebook stocks in an almost crazy manner."

Hearing this, Breyer and the representatives sent by Goldman Sachs and Morgan Stanley looked a little unnatural.

In the last round of stock lifting, the three institutions were the fastest and made a lot of money by selling at the high point of the stock price.

Xia Jingxing did not look at the gloomy expressions of the three people and continued to talk to himself: "We are all important shareholders of Facebook. Each person or institution has a large shareholding, unless you can sell all of them at once. stocks, otherwise no matter how you look at it, this is a losing business.”

Seeing that many eyes were turned on him, Breyer couldn't sit still and defended himself: "Darren, Axel is the third largest shareholder of Facebook, holding more than 150 million shares of Facebook. book stock.

Last time we only sold 10 million shares and recovered the investment cost. "

Hearing this, Andrew and Xiao Quan immediately rolled their eyes. This Breyer was obviously telling lies.

Because Axel’s investment cost was recovered when he sold 1 share to DST a few years ago, and all the more than 100 million shares he holds now are net profits.

In other words, Axel has no pressure to repay his capital at all. He just sees Facebook’s relatively high stock price and takes the opportunity to cash out.

Both of them despised Breyer because they were unsold and firmly believed that Facebook's future development would not stop there.

Xia Jingxing nodded slightly towards Breyer, not bothering to expose Breyer's little thoughts, and said: "We have no right to interfere with Axel's choice.

But Facebook’s current market value has fallen below 100 billion US dollars, and the second round of stock lifting is coming soon. If we continue to follow the same cash-out method as in the last round of lifting the ban, I estimate that Facebook’s market value will most likely fall to 500. Less than US$100 million. "

After hearing Xia Jingxing's last words, the dozen or so shareholders or representatives present all started discussing in a buzzing manner.

This is Facebook, whose market value once approached US$200 billion, and its momentum is catching up with Google, the world's number one Internet company. Now its market value is about to fall below US$50 billion?

Thinking about it carefully, it seems that I am not joking, it may really happen.