My Age of Investment

On December 11, Facebook entered Canada and opened registration to 27 universities including the University of Toronto and McGill University;

Insert an app: A perfect replica of the old version of the book-chasing artifact, an app that can change the source--Mimi Reading.

On December 12, Facebook landed in the UK and opened registration to 21 universities including Cambridge University and Oxford University;

On December 13, Facebook entered Mexico...

Entering Australia on December 14th...

Entering New Zealand on December 15th...

...

Within five days, Facebook entered five countries on three continents, North America, Europe and Australia.

The media paid great attention to this expansion of Facebook.

Facebook seems to be very cooperative this time, revealing some details of the expansion to the media, as well as small stories that happened during the expansion process.

The media held the first-hand information, such as the treasure, and started the crazy reporting mode.

"Kelly is a sophomore at the University of Toronto. After she heard that Facebook was open to her school, she immediately registered an account...

She thought she should be the first person in the class to sign up for Facebook, but she used the search function to search on Facebook, and the whole class was neat...

A professor at the University of Toronto lamented that students have never been so neat in public classes. What their professors couldn't do, let Facebook do it. "

"The UNSW seniors praised Facebook: Only in the United States, in the famous Silicon Valley, can such a great company be born.

Facebook seems to have a kind of magic, in one day, half of our university students have signed up to Facebook, added friends, created groups, and posted photos..."

“The students at UNAM are very happy: they can meet American friends through Facebook without having to climb the border wall, chat with them, and follow their lives…”

...

There are many similar reports, all advocating how popular Facebook is outside the United States. College students all over the world are looking forward to the stars, the moon, and the early entry of Facebook into their schools.

Some media directly dubbed Facebook "the only social networking site that spans three continents."

It is one more continent than the dating network spanning North America and Asia.

A senior Internet person came out to speak: This small step for Facebook is actually a big step for social networking sites.

This shows that social networking sites are enough to transcend the restrictions of races, national borders, and regions, allowing netizens all over the world to gather on one website to make friends and share their lives.

The media sang praises overwhelmingly, and the small group of voices who questioned Facebook's 10 million users' data fraud and why they didn't get financing were covered up.

Compared with Facebook's impressive achievements overseas, these are all minor flaws, and the media don't care or care, let's grab this wave of popularity first.

Facebook's reputation is getting bigger and bigger, and some media sent an exclusive interview invitation to the three founding team of Facebook.

But these invitations were all declined by Xia Jingxing one by one.

He doesn't have time for that right now.

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After a week of negotiations, Facebook and Procter \u0026 Gamble have reached a $5 million advertising framework agreement.

Unlike Amazon's cooperation, P\u0026G is not an Internet company, and it does not need Facebook to help attract new users.

What Facebook needs to do is to set up a group and product introduction page for P\u0026G, and put P\u0026G's skin care products, cosmetics, feminine hygiene products and other products on the Amazon store on Facebook.

On the other hand, Procter \u0026 Gamble launched several cheap and affordable student products for students. Facebook helped to expose the products and became one of Procter \u0026 Gamble's online distributors.

At this level of cooperation, Procter \u0026 Gamble would not agree to pay 5 million US dollars.

What P\u0026G wants is for Facebook to put an ad on the homepage of the page...

This was something Xia Jingxing could not agree to no matter what.

As soon as users log in to Facebook, they will see big pictures of sanitary napkins on the homepage. Does this make sense?

Negotiations stalled for a few days.

At this time, good news came from overseas markets? Facebook became popular overseas.

Considering the potential of Facebook's global market? P\u0026G gave in? Decided to invest in Facebook a little.

Anyway, 5 million US dollars is only a drop in the bucket for a giant company like them, and it is not a one-time payment, but is paid in installments according to the stage effect.

Xia Jingxing didn't really let Facebook change to sell sanitary napkins, but just received a big contract from a well-known brand? Put pressure on the VCs who are still watching - not investing in me? I will be self-reliant.

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Entering the international market, and taking a $5 million advertising bill from Procter \u0026 Gamble? Facebook is also a small fire in Silicon Valley, and in the social field, the limelight is nowhere to be seen.

This information, acquired by venture capital institutions, has become what they see: overseas popularity means rapid user growth; signing large advertising orders means there is a business model that can be realized and stable cash flow.

Now, some VCs can't sit still.

Top capital is still holding its own identity? Deliberately hold it.

The second- and third-tier venture capital institutions sent an email directly to Facebook? Expressing their desire to talk to Facebook.

It also includes some of the VCs who had previously rejected Facebook in an email.

They regret seeing the development of Facebook, which is like cooking oil on fire.

Compared to investing in a promising social networking site, what's the loss of face? So they shamelessly started contacting Facebook.

After this wave of combined punches, Kristina and the dog immediately felt much more at ease.

They walked into Xia Jingxing's office with their heads held high and began to report the situation.

"At present, there are more than a dozen investment institutions in contact with us, and the lowest price of each one is a valuation of 300 million US dollars. The highest bid, Sequoia Capital, is 350 million US dollars."

Kristina said with a smile, "I thought the people at Sequoia Capital were still holding on, but they couldn't help but end the game."

Xia Jingxing shrugged, not feeling surprised at all by this result.

The bustling world is for profit, and the bustling world is for profit.

"Then let's start inviting them to participate in financing negotiations now?" the dog asked.

Xia Jingxing waved his hand, "No! Raise the price by 100 million US dollars to 400 million US dollars. If it is lower than this price, there is no need to talk about it."

The puppy gasped, the boss is really ruthless, and the price increase is in units of 100 million.

He observed three seconds of silence for these VCs and asked you to play tricks on me.

Yang Niu frowned, she was a little worried, would she mess up again?

After all, VCs are not soft persimmons, so how can they stand to be teased over and over again.

"Why don't you invite these agencies to talk to the company first, anyway, 300 million or 350 million is not the final valuation, it depends on the final negotiation result."

Yang Niu thought for a while, and then said one more sentence: "It rises to 400 million all of a sudden, what if those venture capital institutions become angry and don't offer any offer?

Are we going to continue making big moves? We are running out of cards to play. "

"There is another trump card that we haven't played yet."

Xia Jingxing looked confident and made the foreign girl and the puppy look at each other.

Yang Niu asked, "You mean registration is open to all people?"

Xia Jingxing nodded, "That's right, after playing this card, the venture capital institutions will either simply not invest in the social field, or they will only invest in us and have no other choice."

Yang Niu felt that it was a bit exaggerated, and wondered: "You mean that after we open registration to everyone, we will completely destroy the second-place dating network?

The scale of other social networking sites is negligible, and there is no opponent in the market who can compete with us? "

"bingo!"

Xia Jingxing snapped his fingers.

He got up and walked to the floor-to-ceiling windows, overlooking the entire Silicon Valley, everything under his control.