Chapter 1204

When Mark Zuckerberg found that all domains related to Facebook had been registered by Li Mu early, his heart, self-confidence and even his three views collapsed in this instant.

Before this moment, Li Mu was a bright light, a godfather and a mentor in Mark Zuckerberg's eyes. After this moment, Li Mu was a God, a real God in his eyes.

Mark Zuckerberg, like the monkey king in the palm of the Buddha's hand, could not escape from the shadow of the gods.

Mark Zuckerberg could not have dreamed that Li Mu, as a reborn man, had known his future development path for a long time, and set up a card in advance to intercept him. He seemed to be read out the deepest thoughts with mind reading skills, so the shock to Li Mu could not be described.

Mark Zuckerberg took a long time to adjust from the shock. He told Li Mu, who had already admired him, and asked him, "Li, have you had the same product plan as me?"

Li Mu nodded unceremoniously and said with a smile: "I've had the idea of Facebook for a long time, but I haven't had the time and energy to do it. After all, it's not a project that I'm in a hurry to start at present, but I didn't expect that the two of us could think of going together. Since you also have this idea, I can safely and boldly hand over this project to you It's for you. "

It was originally Mark Zuckerberg's original project. In Li Mu's mouth, it means his original project. Then he authorized Mark Zuckerberg to do the project.

Mark Zuckerberg didn't feel anything unusual, on the contrary, he was deeply moved by Li Mu's generosity.

Because, for Mark Zuckerberg, his only advantage is the idea of the product, but Li Mu misled him into thinking that his only advantage is worthless in front of Li Mu. Li Mu has money, team, resources, and Facebook product idea. In this case, Li Mu can completely develop the project by himself, and there is no need to give the project to himself I'm such a wet young man.

However, when Li Mu could do it by himself, he also gave the project to Mark Zuckerberg, which made Mark Zuckerberg feel like a man died for his confidant. At the moment, he just wanted to try his best to do the Facebook project well to repay Li Mu's generosity to himself.

So Mark Zuckerberg said solemnly, "Mr. Li, if you really give this project to me, I will try my best to make it the best!"

Li Mu nodded: "OK, you will be in charge of the Facebook project in the future!"

After that, Li Mu offered his own offer and said: "I still invested $5 million, accounting for 49% of Facebook's shares, according to my previous valuation, but I still have a requirement that I use my external fund to account for 10% of the shares. Similarly, my external fund invested $1.02 million according to the valuation, and the remaining 41% of the shares belong to you."

Mark Zuckerberg looked at Li Mu dumbfounded: "Mr. Li, this is your project, your money and your domain name. How can I get such a high share..."

At this time, Mark Zuckerberg, whose pride and self-confidence are basically completely subordinated to Li Mu, no longer sees himself as an entrepreneur with creative investment, so 41% of the shares is a little scary for him.

Li Mu estimated that if he proposed to reduce Mark Zuckerberg's shares to less than 30% at this time, he would not hesitate to agree.

But Li Mu did not.

He doesn't want to exploit his shares from Mark Zuckerberg. He just wants to have enough control over the future of Facebook, so as to ensure that Facebook will become his next super product in the future.

At first, Mark Zuckerberg did not dare to accept the 41% share offered by Li Mu, but because Li Mujian would never reduce his share any more, Mark Zuckerberg thanked Li Mu for his offer.

Later, Li Mu began to have more in-depth discussions with Mark Zuckerberg.

In addition to the distribution of shares, as an investor, Li Mu has many other needs, including how to ensure that Mark Zuckerberg is tied with the project, and how to ensure the actual interests of Mark Zuckerberg.

First of all, Mark Zuckerberg, as the head of the project, must promise not to leave Facebook within five years, and 41% of his shares will be paid in installments according to five years and 60 months.

That is to say, Mark Zuckerberg can get 0.68% of the shares every month he stays in the Facebook project. If he wants to leave after working for ten months, he actually gets only 6.8% of the shares;

secondly, Mark Zuckerberg wants to leave Facebook before the expiration of five years, so the shares he actually gets cannot be exercised freely. Li Mu The fund established by the individual and Li Mu has the preemptive right, and the purchase price is calculated according to the valuation of the latest financing;For example, if Mark Zuckerberg wants to leave after only ten months, and the company hasn't carried out a new round of financing in these ten months, he actually gets 6.8% of the shares, then the 6.8% will be cashed out to him according to the initial valuation of $10.2 million, Mark Zuckerberg can only get nearly $700000, and all other shares will be recovered by the company;

again Next, Mark Zuckerberg can get all 41% shares after the expiration of five years. If there is financing dilution, his 41% shares will also be diluted year on year;

finally, if Mark Zuckerberg wants to leave Facebook after all the shares are taken, and the current Facebook is not listed, his shares will still be preferred by Li Mu and Li Mu's Fund The purchase price is still calculated according to the valuation of the latest financing;

If Facebook had been listed at that time, the shares held by Mark Zuckerberg could be freely exercised in the market, but as a shareholder, he should be responsible for the overall development of the company, so his shares cannot be fully reduced and cashed in one time to avoid impact on the company's share price, and his reduction also To be carried out in five years, he can reduce his holding by 20% every year. Of course, he can choose to continue holding instead of reducing his holding.

Li Mu's regulations on share acquisition, cash arbitrage and reduction for Mark Zuckerberg are basically in line with the playing method of the whole capital market. Moreover, for most capitalists, Li Mu's plan has been very fair and benevolent. To ensure that Mark Zuckerberg only needs to stay in Makino technology for five years, he can get all the shares, and also ensure that he is in the middle When you leave, you can get what you deserve.

Investors who can do this are very rare. In the seemingly sophisticated Internet industry, there are no less cheating than other industries. Even in this industry, integrity and character are trampled more thoroughly.

In the history of the Internet, countless successful tycoons are worthy of the "stain" on their partners. When they start a business together, they are all good brothers. Once they succeed in the business, they will meet each other immediately. In this industry, once they see money, their human nature will be exposed to the fullest.

Some people turn against each other, some turn their backs, some betray their faith, and some even eat inside out and stab in the back. Dirty things are just like common things in the Internet industry. In almost every successful project, the interests of core members are sacrificed, exploited and treated badly.

First, the phenomenon that the achievements are withered is particularly common in the Internet capital circle. No matter Steve jobs or Mark Zuckerberg, they will inevitably have such a stain in their development history. Li Mu is relatively a gentleman in the Internet industry. All the people who cooperate with him, as long as they do things according to the requirements, will be able to get the due return.

Mark Zuckerberg almost immediately agreed to a series of demands from Li Mu.

For him, it's a good thing that such a project can get such share and such treatment, so he has no opinion on Li Mu's offer.

Li Mu immediately asked Li Ziwei to contact his own capital expert Ding Zhenglin to set up an investment fund in China as soon as possible. Makino science and technology, Taobao and Alipay jointly invested one billion yuan in the form of 4:3:3 to invest in the Internet industry in the future, and the first investment project was Facebook.

At the same time, Li Mu asked Lin Qingya to arrange a special person to register Facebook company with Mark Zuckerberg. As long as the company registered successfully, Li Mu immediately injected capital into the company.

After Li Mu arranged everything neatly, Mark Zuckerberg asked Li Mu, "Mr. Li, do you think it is necessary for me to suspend school immediately?"

Li Mu shook his head and said, "don't be in a hurry to quit school. Don't forget your development orientation for Facebook. In the early stage, you should start from colleges and universities. If you have already left colleges and universities, you will lose the best promotion identity. So I suggest you stay in Harvard and do a good job in the first stage of Facebook. After the first stage is completed, if the time is right, You can apply for suspension and devote yourself to the Internet industry. "

Mark Zuckerberg immediately promised, "I'll listen to you!"

Li Mu waved his hand and said: "once the project starts, all the plans, rhythm and budget are set by yourself. After you have made a plan, just give me a plan and let me know your plan. I will not interfere with your plan until I have to. In addition, if you need additional investment and you don't have enough cash to inject capital, you You can lead the company in financing. At that time, you will regard me as an investor, write a business plan, write your own valuation and financing objectives. At that time, I will arrange professional personnel to come in and do the financing. These are all in accordance with the formal financing process. "

Facebook is an extremely large project, and $6.02 million can't push the project too far, so it is necessary to carry out rounds of financing, while diluting equity to get cash, while improving performance and increasing market value.Since it is necessary to finance, whether it is Li Mu's own investment or external capital investment, shareholders need to dilute their equity. However, if it is Li Mu's own investment, his own equity can be avoided from being diluted. On the contrary, it is also possible to increase his actual controlling equity share through a reasonable dilution of Mark Zuckerberg's equity. Why not?

Moreover, on the road of enterprise capital development, the earlier you get on the train, the greater the benefits.