562. Chapter 562 100 billion dollars is cool
"This is a good deal, $1 billion is sold to Yahoo, which is very reasonable, and they are very sincere." The middle-aged man sitting above the right side of the long table was talking loudly, while the young man in the head was pondering.
Most of the other participants showed a look of agreement, and a few were hesitant, with only a few frowning.
"Does everyone see this way?" After a while, the young man who was on the head asked.
"I think Irving said it well. This is a very valuable deal." Someone said this immediately, and nodded to the middle-aged man who spoke before, who smiled back.
The young man asked a few more questions, and they basically agreed. Only one thought that the price could be higher.
"What do you think, Sean?" He then turned his head and looked at the young man sitting beside him, with a bearded beard.
"You know very well, Mark, I will always oppose selling. We do have difficulties in making profits now, but the most successful companies are those that will not sell their own." The other party said very seriously.
Although Mark Zuckerberg nodded imperceptibly, he never made any statement. You should know that most of the people in this room are Facebook executives. If they unite, they are likely to repeat the mistakes of Steve Jobs 20 years ago.
Thinking of this, he couldn't help but look at the COO sitting on his left hand, the man who spoke before, Irving Van Nata. This middle-aged man was an Amazon executive. He invited him to be a COO to better develop Facebook, but now he is taking the lead in hoping to sell the website, which makes Zuckerberg feel like he was betrayed.
However, as mentioned earlier, the executives here are basically all attracted by the conditions offered by Yahoo. If he sings a tough opposite, who knows whether they will unite? It's a headache.
Then, he saw the young man sitting back on the right. The other party looked down at the table, not knowing what he was doing, but obviously he didn't focus on the meeting.
Zuckerberg knew what he was doing, and it wouldn't be anything other than playing with a mobile phone or an iPhone, because Zuckerberg himself had an iPhone. As an IT person, he was quite concerned about Apple's trends and was good at trying all kinds of new things.
Therefore, the other party's attitude made him curious. Although there were no strict regulations on holding a board meeting, it was obviously inappropriate to play with mobile phones. If you make this attitude at this time, then the other party's attitude is worthy of fun. He is a major shareholder and was the first to invest in Facebook at the time.
As soon as he thought of this, Zuckerberg immediately asked: "What do you think, Sean?"
The participants looked at him, but the person watching did not react at all, and he was still playing with his phone intently. After several seconds, he reacted and raised his head in surprise: "Are you asking me? Not Sean? Parker?"
"Of course not. I've asked Sean just now, so now, Sean." Zuckerberg said, not caring about their names being pronounced the same, so after they said it, a few low laughs rang out in the conference room.
"Okay, since I'm asking me..." Sean put away his cell phone and grabbed his head. "It seems that many people think this transaction is good, so... it's better to sell it to me for $1 billion?"
Zuckerberg showed a surprised expression, not only him, but all the participants were like this, with surprise and disbelief, as if he was speaking alien language.
"Are you kidding?!" Zuckerberg reacted first and immediately frowned.
"No, I didn't," Shawn shrugged. "I cashed out some of my YouTube shares not long ago, and I was just $1 billion. Before I could think of how to spend it, I received a notice."
When he said "cashed out some of YouTube's shares", almost everyone's expressions changed. Speaking of which, YouTube was established almost a year later than Facebook, but it developed much smoother than Facebook. At least there has never been any problem with funds. Now, it has negotiated conditions with several major media groups to carry out broader and deeper cooperation, and its valuation has exceeded Facebook.
Although this is also related to the fact that YouTube is naturally faster than other websites when it is spread, this speed is still surprising enough. With their current situation, as long as they don’t make big mistakes, the results in the next few years can be expected. Facebook and YouTube have also cooperated with Sean’s needle threading and know a little more than others, which also shows that Sean’s gaze on IT is indeed very accurate.
Zuckerberg even envied Sean. If he could tell Facebook, how could there be any problems now? Of course, he shouldn't have joked before...
After pinching the bridge of his nose, he focused his distracted attention and asked tentatively in a half-joking tone: "Do you really want to buy it, Sean?"
"I shouldn't ask me this question, I should ask you," Sean shrugged, then looked him in the eyes, "Do you really want to sell it, Mark."
Zuckerberg did not answer immediately, and he didn't know how to answer, because Sean's tone made him feel strongly that the other party's subsequent words would be different due to his own answer.
"I won't." In the end, he gave the answer he wanted.
"That's right," Sean clapped his hands before the others reacted, "So, now, I'll launch a proposal in the name of the major shareholder about a vote of distrust for COO Irving Van Nata."
Irving Van Nata, who had not spoken, was stunned. After looking around, he confirmed that he was talking about himself, he immediately asked, "Sorry, Mr. Tang, I don't understand..."
"The company asked you to come over to be the chief operating officer to make a long-term strategy for the company and be responsible for the daily operations of the company, not to let you sell the company in different ways!" Sean interrupted without hesitation, and his tone was quite stern, "This is not the first time, right, Mr. Irving, Van Nata? You had encouraged you to sell Facebook for 7 million before that, right?"
"I...I just propose," Owen Van Nata said in a defensive manner, "as it is today, just to make a pertinent opinion from an objective standpoint, and then...the decision is made by the board of directors."
He was very cunning. Seeing Zuckerberg's statement - if not very determined - knowing that the situation was not very good, he immediately crossed the CEO and moved out of the board of directors.
But Sean obviously prepared: "Objective position? What you call objective is that you can't see Yahoo in the mud, they dare not try more newer ideas because they want to retain a huge user base, they cannot see that Facebook is thriving, and they cannot see its broader prospects, right?"
After saying that, he looked at Zuckerberg again: "Remember what I told you, Mark? I saw the prototype of the second Google! Tell me, are you thinking about this or going on and going out a path that others have not walked? Do you want someone to mention you later and say: Hey, that's the guy who sold Facebook; or, hey, that's the guy who created Facebook and grew it?!"
Zuckerberg's eyes lit up significantly. Sean's attitude was already very clear, but he still did not answer, so the other party quickly put another weight on.
"If I remember correctly, Sean Parker once said to you: Do you know what cool is? $1 billion!" Sean said as he looked at another Sean sitting next to Zuckerberg.
Sean Parker and Zuckerberg had a very good personal relationship, and he discovered Facebook and was appointed by Zuckerberg as the company's president. However, his personality was obviously not suitable for doing this. He disappeared from people every few days, although he always did a good job. Then he was arrested in 2005 for suspected drug hiding. Then, because some Facebook investors believed that he was not suitable for this position, he eventually resigned.
But Zuckerberg never gave up on him and kept asking for advice from him, so he still appeared at the meeting as an adviser today.
"Yes, I said it." Sean Parker nodded at this time, without a single redundant sentence, he seemed to be looking forward to the following content more than Zuckerberg.
"So, I'll tell you now," Sure enough, Sean didn't disappoint them, "$1 billion is not cool, $100 billion is cool!"
After this sentence came out, everyone present was moved. Indeed, Sean was just an actor. Although he was a famous actor, everyone here also knew that his investment in the IT industry had almost never failed. He invested in Google in 2000, Facebook in 2004, and YouTube in 2005. If he wanted to say this, maybe those here could use a lot of data to refute it, but the persuasiveness was not enough.
Irving Van Nata immediately coughed dryly, wanting to say something to save it, but unfortunately Sean didn't give him a chance: "I know, some people will definitely say that Yahoo's profitability is still very high, and they are still a big company. So let's wait and see, what will happen when the latest financial statements come out? Let's see, let everyone see how this thriving Yahoo is now."
"Then let's do it for now." Zuckerberg immediately took over the conversation and ended today's meeting.
After that, Facebook and Yahoo failed to reach an agreement, especially after Yahoo's financial statements came out, Yahoo's stock price fell slightly, and Yahoo's CEO Terry Semer was only willing to offer an acquisition price of 850 million yuan, so Zuckerberg refused the deal with the flow.
Later, Irving Van Nata left Facebook before the end of the year, and Zuckerberg dug Shirley Sandberg from Google, and Facebook embarked on a truly brilliant road.
Chapter completed!