When Mark Zuckerberg discovered that all the domain names related to Facebook were registered by Li Mu, his inner self-confidence, and even his views collapsed at this moment.

Before this moment, Li Mu was a beacon, a godfather, and a mentor in Mark Zuckerberg's eyes, and after this moment, Li Mu was a god in his eyes, a true god.

And Mark Zuckerberg, like the Sun Wukong in the Buddha's palm, could not escape from the shroud of gods.

Mark Zuckerberg could not have known in his dreams that Li Mu, as a reborn person, had known his future development path long ago and set up checkpoints in advance to intercept him. He was like someone reading the deepest thoughts in his heart, so his shock to Li Mu was simply indescribable.

Mark Zuckerberg took a long time to adjust from the shock. He was so impressed by Li Mu that he was already impressed and asked him: "Mr. Li, have you already had the same product plan as me?"

Li Mu nodded without hesitation and said with a smile: "I have already had Facebook's creativity, but I have never had the time and energy to do it. After all, for me, it is not a very urgent project to start. But I didn't expect that the two of us could actually think of going together. Since you have this idea, I can safely and boldly hand over this project to you."

It was originally a Mark Zuckerberg original project, but in Li Mu's mouth, the meaning became his original project, and then he entrusted the project to Mark Zuckerberg for doing it.

Mark Zuckerberg did not feel anything abnormal. On the contrary, he was extremely moved by Li Mu's generosity.

Because, for Mark Zuckerberg, his only advantage is his conception of products. However, Li Mu made him mistakenly think that his only advantage is worthless in front of Li Mu. Li Mu has money, team, resources, and Facebook product conception. In this case, Li Mu can develop it himself, and there is no need to hand over this project to a young man like himself who is still stinky.

However, when Li Mu could do it himself, he gave this project to Mark Zuckerberg, which made Mark Zuckerberg feel like he was dying for his confidant. At this moment, he just wanted to do 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 hand over this project to me, I will do my best to do it!"

Li Mu nodded: "Okay, you will be fully responsible for the Facebook project in the future!"

After saying that, Li Mu threw out his offer and said, "I will invest $5 million according to the valuation I gave you before, accounting for 49% of Facebook's shares. However, I have another requirement, which is that I want to use my external fund to occupy 10% of the shares. Similarly, my external foundation invests $1.02 million according to the valuation, and the remaining 41% of the shares belong to you personally."

Mark Zuckerberg was stunned when he heard this and looked at Li Mu in a daze: "Mr. Li, this is your project, your money and your domain name. Why can I get such a high stake..."

At this time, Mark Zuckerberg had basically completely surrendered to Li Mu. He no longer regarded himself as an entrepreneur who used creativity to attract investment, so 41% of the shares were a bit scary.

Li Mu estimated that if he proposed to reduce Mark Zuckerberg's shares to within 30% at this time, he would agree without hesitation.

But Li Mu did not do so.

He is not trying to exploit shares from Mark Zuckerberg, he just hopes that he can have enough control over the future Facebook so that he can ensure that Facebook will become his next super product in the future.

Mark Zuckerberg initially did not dare to accept the 41% stake given by Li Mu, but because Li Mu refused to reduce his share any more, Mark Zuckerberg agreed to Li Mu's offer with gratitude.

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

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

First of all, Mark Zuckerberg, as the project leader, must promise not to voluntarily leave the Facebook project within five years, and his 41% stake will be redeemed in installments in five years and sixty months.

In other words, every time he stays in the Facebook project for one month, Mark Zuckerberg can get 0.68% of the shares. If he wants to leave after ten months of work, then the actual shares he gets are only 6.8%;

Secondly, if Mark Zuckerberg wants to leave Facebook before the five-year expiration, then the shares he actually obtained cannot be exercised freely. Li Mu personally and the funds established by Li Mu and Li Mu have priority acquisition rights, and the acquisition price is calculated based on the valuation of the latest financing;

For example, if Mark Zuckerberg only stayed for ten months and wanted to leave, and the company did not conduct a new round of financing in these ten months, the shares he actually received were 6.8%, then this 6.8% would be cashed out to him at the initial valuation of $10.2 million. Mark Zuckerberg could only get nearly $700,000, and all other shares would be taken back by the company;

Again, Mark Zuckerberg can get all 41% of the shares after the five-year period expires. If there is financing dilution, his 41% will also be diluted year-on-year;

Finally, if Mark Zuckerberg wants to leave Facebook after he has obtained all the shares, and the Facebook has not been listed at that time, then his shares will still be acquired first by Li Mu and Li Mu's funds, and the price will still be calculated based on the valuation of the latest financing;

If Facebook had been listed at that time, then the shares held by Mark Zuckerberg could be exercised freely in the market, but as a shareholder, he was responsible for the overall development of the company, so his shares could not be reduced in one go to cash out to avoid impacting the company's stock price. His share reduction would also take place in five years, and he could reduce his shareholding by 20% every year. Of course, he could also choose to continue holding without reducing his shareholding.

The rules for obtaining, cashing out and reducing shares formulated by Li Mu for Mark Zuckerberg are basically in line with the gameplay of the entire capital market. For most capitalists, Li Mu's plan is already very fair and kind, ensuring that Mark Zuckerberg can get all the shares as long as he stays in Muye Technology for five years, and also ensuring that he can get the reward he deserves at any time in between.

It is very rare for investors to do this. In the seemingly high-end Internet industry, there are no fewer frauds than other industries. In this industry, integrity and character are trampled on more thoroughly.

In the history of the Internet, countless successful bigwigs have felt guilty about their partners. When starting a business together, everyone is good brother. Once they are successful in starting a business, they will immediately draw their swords to meet each other. In this industry, once they see money, their nature will be exposed to the fullest.

Some people go back on their word, some people kill donkeys, some people treacherously, and some even sting their way out and stabbing them in the back. Dirty things are just common in the Internet industry. In almost every successful project, the interests of core members are sacrificed, exploited, and treated unfairly.

The phenomenon of success in one general is particularly common in the Internet capital circle. Whether it is Jobs or Mark Zuckerberg, there are inevitably such stains in their development history. Li Mu is relatively a gentleman in the Internet industry. As long as everyone who works with him works steadily as required, he will definitely get the reward he deserves.

Mark Zuckerberg almost immediately agreed to Li Mu's series of requests.

For him, it is already a great thing that such a project can get such a share and such treatment, so he has no objection to Li Mu's offer.

Li Mu then immediately asked Li Ziwei to contact Ding Zhenglin, his capital expert, to set up an investment fund in China as soon as possible, Muye Technology, Taobao, and Alipay jointly invested 1 billion yuan in 4:3:3 to use it for future investment in the Internet industry. The first investment project was Facebook.

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

After Li Mu arranged everything neatly, Mark Zuckerberg asked Li Mu: "Mr. Li, do you think I need to take a break from school immediately?"

Li Mu shook his head and said, "Don't rush to leave school. Don't forget to position your Facebook for development. You should start from colleges and universities in the early stage. If you have left colleges and universities, you will lose your best promotion status. So I suggest you continue to stay at Harvard and do a good job in the first phase of Facebook. After the first phase is completed, if the time is right, you can take the leave and devote yourself to the Internet industry."

Mark Zuckerberg immediately agreed: "I'll listen to you!"

Li Mu waved his hand and said, "Once the project starts, all plans, rhythm and budget are determined by you. After you make a reservation, you only need to give me a plan and let me know your plan. I will not interfere with your plan unless it is absolutely necessary. In addition, if additional investment is needed and you do not have enough cash to inject capital, you can lead the company to raise funds. At that time, you will treat me as an investor, write your business-plan, write your own valuation and financing goals. At that time, I will arrange professional personnel to come in to do financing due diligence, which will follow the formal financing process."

Facebook is an extremely large project. US$6.02 million cannot push this project too far, so it is bound to carry out rounds of financing, diluting equity to obtain cash while increasing performance and increasing market value.

Since you want to raise funds, whether it is Li Mu himself or external capital investment, shareholders must dilute their equity. However, if Li Mu himself invests, his own equity can be avoided dilution. On the contrary, you can also increase the equity share under your actual control through the reasonable dilution of Mark Zuckerberg's equity. Why not do it?
Chapter completed!