Chapter 718
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Donald has been in high spirits recently. He is preparing for the listing of face books, which is also one of the main affairs of the Wang family recently.
Since Facebook defeated my space and became the largest social networking website in the United States, it has the potential to be listed.
This kind of unicorn is the largest enterprise in the industry and has enough topic, which is the most suitable for hype.
The four major securities companies on Wall Street join hands to call for a great deal of face-to-face writing, but what is the trend in the world.
Mark, Donald, Sophia and David all think it's time for the book to go public.
Donald will not become a super rich man like xiaoza when the book is listed. The main equity of the book is concentrated in the hands of mark, Donald and Keira, and then incorporated into the family fund to become one of the main assets of the family fund.
The book announced that it had won $1.5 billion in the latest round of financing, and the company was valued at $50 billion. At the same time, the letter also said that due to the rapid increase of shareholders, it had to start submitting public financial reports to the sec before April 30, 2010.
Although face letters can choose to submit public financial reports as required and continue to maintain their private status, when they must face the cumbersome work of submitting financial reports to the SEC and increasingly strict financial supervision, there is no reason to continue to maintain their current private status. Therefore, they are very likely to have an IPO in April 2010.
The face book market is worth $50 billion. They transferred 40% of their equity to Wall Street in exchange for this valuation.
Pengbo information pointed out that last year, the overall performance of Wall Street investment banks was poor, and they all made money by listing face books.
The current market is really hungry and thirsty to the point that it is not enough to save the market.
Since its birth in 2004, the face book has won unparalleled attention and praise under the leadership of mark.
If there is no big accident and no man-made destruction, the social networking site with more than 900 million households will usher in an exciting moment - listing!
If the listing is successful, the valuation of the book will change from more than US $4 million in 2004 to US $100 billion at present.
Regardless of the market value and the amount of cash in the account, it is clear that this is only the beginning for Donald, the founder of the face book, and his Wang family. The Wang family will continue to dominate the leadership of the face book, which is different from other listed companies.
The book is held by the Wang family, but donald Wang Ronson, a 24-year-old young man, is in charge and control. It is difficult to imagine how a 24-year-old young man will manage and control everything in the book.
In a sense, the listing of face-to-face books shows that it meets the needs of users; Comply with market rules; It can help enterprises make profits. However, through the surface of listing, in fact, what the above book wants to dominate is not the little money in the hands of investors, but the communication infrastructure of the whole earth. Many times, what you can see with the naked eye seems very real, while what you can't see with the naked eye reflects the essence of things.
Since its inception, Facebook has been "operating" users. Users contributed content and data to the book; The face book has the ability to integrate and operate this information and data.
In order to ensure the normal operation of this routine operation, Donald should take the initiative in his own hands even if the book is listed on the market. However, it is very difficult for anyone to lead and manage face-to-face books in order to treat user information and data fairly and fairly, not to mention a young man of only 24 years old.
The top priority of Facebook is to deepen the consistent transparency that Zuckerberg believes in and promote more sharing and communication, rather than turning Facebook into a profitable company. Although this is difficult, Donald must grasp it with both hands, and both hands must be hard.
In addition to the leadership of the book, Donald also invested a lot in the equity structure. Generally speaking, media groups with a certain background will divide their stocks into two categories. Ordinary shareholders and institutions can hold ordinary shares, while other higher quality shares are mainly held by the founding family.
The advantage of this is to enhance the voting rights of family members and ensure that the ordinary shares held by shareholders do not exceed the shares of family members. As a result, ordinary shareholders have relatively little impact on enterprises, but they are also prone to monopoly behavior.
Donald made similar plans and choices in 2009. He turned the shares of family funds and partners into class B shares to ensure that they can still maintain control when the book is listed on the public.
Google, which went public in 2004, did the same. These high-quality shares are mainly concentrated in the management and managers, who have 61% of the voting rights. The shares held by ordinary shareholders do not pose any threat compared with high-quality shares.
In order to help Donald control this big company, it was announced last month that former US President Clinton and White House chief of staff Bowles were appointed as directors of the company. Bowles is also the honorary president of the National Committee for fiscal responsibility and reform of the two parties of the * * * government and the University of North Carolina.
Just over two months ago, Facebook just pulled Naifei CEO Dewey into the company's board of directors.
It is very strategic for Facebook to choose who to join the company's board of directors. Dewey has rich experience in IPO of Internet companies, which makes the industry generally expect that Facebook will be listed in the near future. In terms of film and video, as the CEO of Naifei company, the largest online film and television rental service provider in the United States, Dewey has rich experience, which is also very valuable for the book. The Royal Bowles will help the book achieve a more solid presence in Washington.
Shelly Sandberg, chief operating officer of Facebook, also has rich political experience. Shelly Sandberg was the chief of staff of the Treasury Department under President Clinton. She also served as an economist at the world bank.
Donald, CEO of Facebook, said: "Bowles has held many important positions in government, academia and business. This experience will help him gain insight into how to create a company structure and control various complex problems of the company. Bowles also has rich experience in creating a company, which is very valuable for us to expand our business."
"It's obvious that Facebook has become a force for transformation around the world. I look forward to joining Facebook and contributing as much as I can," Bowles said
He has founded many investment companies and is now a director of many companies such as Dama
Bowles is also a director of Morgan Stanley and other companies.
Bowles started his career at Morgan Stanley. Later, he founded a number of investment banks as a co-founder. Later, Bowles founded a venture capital company and co founded carous, a private equity company.
Bowers graduated from the University of North Carolina and received an MBA from Columbia University. In 1991, President Clinton appointed Bowles as director of the federal agency's small business administration. Later, Bowles entered the White House as deputy chief of staff of Clinton in 1993. From 1996 to 1998, he was promoted to chief of staff of the White House. During that time, he was also a member of President Clinton's cabinet, responsible for the National Security Council and the National Economic Council.
In addition to Bowles, the current directors of the book also include Donald, Donald Graham, chairman and CEO of Sutton post, CEO Dewey and hedge fund managers Peter Thiel, egger and Giselle.
Since February this year, Facebook has officially submitted an application for IPO to the U.S. Securities and Exchange Commission, and the valuation of Facebook of up to $100 billion has also made the whole Internet technology industry boiling. You know, Google's IPO valuation in 2004 was only $24.6 billion, which makes him one of the greatest IPOs in history.
In any case, many companies worship Facebook, a new Internet giant, and its overestimated value is also related to its distinctive Internet model. This connection method that makes more and more people feel the social charm of the Internet is more vivid and interesting, and is closer to the general public than traditional Internet search and Internet portals, Users can create Internet content themselves, not just a reader. It can be said that the emergence of face books has changed the whole Internet.
Recently, the hottest topic in the global high-tech industry is the public listing of face-to-face books. Whether Facebook is worth such a high market value is different. Some people think that the development of the social network market is just beginning. In particular, Facebook has a base of 900 million active Internet users. If it can create more business opportunities in other fields besides advertising revenue, it will be unlimited; However, some people believe that in the sense of rational investment, such a phenomenon of Facebook is like the reversion of the 2000 Internet bubble.
On the whole, the environment of Facebook is far from that of the Internet bubble. Today, not only the overall information network infrastructure is more complete, but also the global network population is growing significantly. Moreover, compared with the Internet companies that pursued benmeng ratio at that time, the face book not only has a sustained growth income, but also has a good profit performance. In the future, there is still room for development not only in the original field, but also in the mobile market, which is also the reason why it is favored by investors.
However, the future development of Facebook is not without risks, such as the increasingly fierce competition of social websites, the high concentration of revenue on a single advertising revenue, and the increasing importance of the mobile market. However, Facebook has a weak foundation and slow progress, the market development is severely restricted by many governments, the growth of revenue has begun to slow down, and the cost expenditure has begun to increase significantly, These hidden worries are not only perceived by Facebook itself, but also the factor that the external evaluation of Facebook is not so high.
Nevertheless, from the perspective of capital market operation, if the face book can successfully complete the financing plan at the expected high price, it means that investors have considerable expectations for the future development of the face book, which not only injects a hope into the e-commerce and network industry with sluggish performance in recent years, but also symbolizes the advent of a new community era, At the same time, it also means that the portal website is declining.
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Donald has been in high spirits recently. He is preparing for the listing of face books, which is also one of the main affairs of the Wang family recently.
Since Facebook defeated my space and became the largest social networking website in the United States, it has the potential to be listed.
This kind of unicorn is the largest enterprise in the industry and has enough topic, which is the most suitable for hype.
The four major securities companies on Wall Street join hands to call for a great deal of face-to-face writing, but what is the trend in the world.
Mark, Donald, Sophia and David all think it's time for the book to go public.
Donald will not become a super rich man like xiaoza when the book is listed. The main equity of the book is concentrated in the hands of mark, Donald and Keira, and then incorporated into the family fund to become one of the main assets of the family fund.
The book announced that it had won $1.5 billion in the latest round of financing, and the company was valued at $50 billion. At the same time, the letter also said that due to the rapid increase of shareholders, it had to start submitting public financial reports to the sec before April 30, 2010.
Although face letters can choose to submit public financial reports as required and continue to maintain their private status, when they must face the cumbersome work of submitting financial reports to the SEC and increasingly strict financial supervision, there is no reason to continue to maintain their current private status. Therefore, they are very likely to have an IPO in April 2010.
The face book market is worth $50 billion. They transferred 40% of their equity to Wall Street in exchange for this valuation.
Pengbo information pointed out that last year, the overall performance of Wall Street investment banks was poor, and they all made money by listing face books.
The current market is really hungry and thirsty to the point that it is not enough to save the market.
Since its birth in 2004, the face book has won unparalleled attention and praise under the leadership of mark.
If there is no big accident and no man-made destruction, the social networking site with more than 900 million households will usher in an exciting moment - listing!
If the listing is successful, the valuation of the book will change from more than US $4 million in 2004 to US $100 billion at present.
Regardless of the market value and the amount of cash in the account, it is clear that this is only the beginning for Donald, the founder of the face book, and his Wang family. The Wang family will continue to dominate the leadership of the face book, which is different from other listed companies.
The book is held by the Wang family, but donald Wang Ronson, a 24-year-old young man, is in charge and control. It is difficult to imagine how a 24-year-old young man will manage and control everything in the book.
In a sense, the listing of face-to-face books shows that it meets the needs of users; Comply with market rules; It can help enterprises make profits. However, through the surface of listing, in fact, what the above book wants to dominate is not the little money in the hands of investors, but the communication infrastructure of the whole earth. Many times, what you can see with the naked eye seems very real, while what you can't see with the naked eye reflects the essence of things.
Since its inception, Facebook has been "operating" users. Users contributed content and data to the book; The face book has the ability to integrate and operate this information and data.
In order to ensure the normal operation of this routine operation, Donald should take the initiative in his own hands even if the book is listed on the market. However, it is very difficult for anyone to lead and manage face-to-face books in order to treat user information and data fairly and fairly, not to mention a young man of only 24 years old.
The top priority of Facebook is to deepen the consistent transparency that Zuckerberg believes in and promote more sharing and communication, rather than turning Facebook into a profitable company. Although this is difficult, Donald must grasp it with both hands, and both hands must be hard.
In addition to the leadership of the book, Donald also invested a lot in the equity structure. Generally speaking, media groups with a certain background will divide their stocks into two categories. Ordinary shareholders and institutions can hold ordinary shares, while other higher quality shares are mainly held by the founding family.
The advantage of this is to enhance the voting rights of family members and ensure that the ordinary shares held by shareholders do not exceed the shares of family members. As a result, ordinary shareholders have relatively little impact on enterprises, but they are also prone to monopoly behavior.
Donald made similar plans and choices in 2009. He turned the shares of family funds and partners into class B shares to ensure that they can still maintain control when the book is listed on the public.
Google, which went public in 2004, did the same. These high-quality shares are mainly concentrated in the management and managers, who have 61% of the voting rights. The shares held by ordinary shareholders do not pose any threat compared with high-quality shares.
In order to help Donald control this big company, it was announced last month that former US President Clinton and White House chief of staff Bowles were appointed as directors of the company. Bowles is also the honorary president of the National Committee for fiscal responsibility and reform of the two parties of the * * * government and the University of North Carolina.
Just over two months ago, Facebook just pulled Naifei CEO Dewey into the company's board of directors.
It is very strategic for Facebook to choose who to join the company's board of directors. Dewey has rich experience in IPO of Internet companies, which makes the industry generally expect that Facebook will be listed in the near future. In terms of film and video, as the CEO of Naifei company, the largest online film and television rental service provider in the United States, Dewey has rich experience, which is also very valuable for the book. The Royal Bowles will help the book achieve a more solid presence in Washington.
Shelly Sandberg, chief operating officer of Facebook, also has rich political experience. Shelly Sandberg was the chief of staff of the Treasury Department under President Clinton. She also served as an economist at the world bank.
Donald, CEO of Facebook, said: "Bowles has held many important positions in government, academia and business. This experience will help him gain insight into how to create a company structure and control various complex problems of the company. Bowles also has rich experience in creating a company, which is very valuable for us to expand our business."
"It's obvious that Facebook has become a force for transformation around the world. I look forward to joining Facebook and contributing as much as I can," Bowles said
He has founded many investment companies and is now a director of many companies such as Dama
Bowles is also a director of Morgan Stanley and other companies.
Bowles started his career at Morgan Stanley. Later, he founded a number of investment banks as a co-founder. Later, Bowles founded a venture capital company and co founded carous, a private equity company.
Bowers graduated from the University of North Carolina and received an MBA from Columbia University. In 1991, President Clinton appointed Bowles as director of the federal agency's small business administration. Later, Bowles entered the White House as deputy chief of staff of Clinton in 1993. From 1996 to 1998, he was promoted to chief of staff of the White House. During that time, he was also a member of President Clinton's cabinet, responsible for the National Security Council and the National Economic Council.
In addition to Bowles, the current directors of the book also include Donald, Donald Graham, chairman and CEO of Sutton post, CEO Dewey and hedge fund managers Peter Thiel, egger and Giselle.
Since February this year, Facebook has officially submitted an application for IPO to the U.S. Securities and Exchange Commission, and the valuation of Facebook of up to $100 billion has also made the whole Internet technology industry boiling. You know, Google's IPO valuation in 2004 was only $24.6 billion, which makes him one of the greatest IPOs in history.
In any case, many companies worship Facebook, a new Internet giant, and its overestimated value is also related to its distinctive Internet model. This connection method that makes more and more people feel the social charm of the Internet is more vivid and interesting, and is closer to the general public than traditional Internet search and Internet portals, Users can create Internet content themselves, not just a reader. It can be said that the emergence of face books has changed the whole Internet.
Recently, the hottest topic in the global high-tech industry is the public listing of face-to-face books. Whether Facebook is worth such a high market value is different. Some people think that the development of the social network market is just beginning. In particular, Facebook has a base of 900 million active Internet users. If it can create more business opportunities in other fields besides advertising revenue, it will be unlimited; However, some people believe that in the sense of rational investment, such a phenomenon of Facebook is like the reversion of the 2000 Internet bubble.
On the whole, the environment of Facebook is far from that of the Internet bubble. Today, not only the overall information network infrastructure is more complete, but also the global network population is growing significantly. Moreover, compared with the Internet companies that pursued benmeng ratio at that time, the face book not only has a sustained growth income, but also has a good profit performance. In the future, there is still room for development not only in the original field, but also in the mobile market, which is also the reason why it is favored by investors.
However, the future development of Facebook is not without risks, such as the increasingly fierce competition of social websites, the high concentration of revenue on a single advertising revenue, and the increasing importance of the mobile market. However, Facebook has a weak foundation and slow progress, the market development is severely restricted by many governments, the growth of revenue has begun to slow down, and the cost expenditure has begun to increase significantly, These hidden worries are not only perceived by Facebook itself, but also the factor that the external evaluation of Facebook is not so high.
Nevertheless, from the perspective of capital market operation, if the face book can successfully complete the financing plan at the expected high price, it means that investors have considerable expectations for the future development of the face book, which not only injects a hope into the e-commerce and network industry with sluggish performance in recent years, but also symbolizes the advent of a new community era, At the same time, it also means that the portal website is declining.
Donald has been in high spirits recently. He is preparing for the listing of face books, which is also one of the main affairs of the Wang family recently.Since Facebook defeated my space and became the largest social networking website in the United States, it has the potential to be listed.This kind of unicorn is the largest enterprise in the industry and has enough topic, which is the most suitable for hype.The four major securities companies on Wall Street join hands to call for a great deal of face-to-face writing, but what is the trend in the world.Mark, Donald, Sophia and David all think it's time for the book to go public.Donald will not become a super rich man like xiaoza when the book is listed. The main equity of the book is concentrated in the hands of mark, Donald and Keira, and then incorporated into the family fund to become one of the main assets of the family fund.The book announced that it had won $1.5 billion in the latest round of financing, and the company was valued at $50 billion. At the same time, the letter also said that due to the rapid increase of shareholders, it had to start submitting public financial reports to the sec before April 30, 2010.Although face letters can choose to submit public financial reports as required and continue to maintain their private status, when they must face the cumbersome work of submitting financial reports to the SEC and increasingly strict financial supervision, there is no reason to continue to maintain their current private status. Therefore, they are very likely to have an IPO in April 2010.The face book market is worth $50 billion. They transferred 40% of their equity to Wall Street in exchange for this valuation.Pengbo information pointed out that last year, the overall performance of Wall Street investment banks was poor, and they all made money by listing face books.The current market is really hungry and thirsty to the point that it is not enough to save the market.Since its birth in 2004, the face book has won unparalleled attention and praise under the leadership of mark.If there is no big accident and no man-made destruction, the social networking site with more than 900 million households will usher in an exciting moment - listing!If the listing is successful, the valuation of the book will change from more than US $4 million in 2004 to US $100 billion at present.Regardless of the market value and the amount of cash in the account, it is clear that this is only the beginning for Donald, the founder of the face book, and his Wang family. The Wang family will continue to dominate the leadership of the face book, which is different from other listed companies.The book is held by the Wang family, but donald Wang Ronson, a 24-year-old young man, is in charge and control. It is difficult to imagine how a 24-year-old young man will manage and control everything in the book.In a sense, the listing of face-to-face books shows that it meets the needs of users; Comply with market rules; It can help enterprises make profits. However, through the surface of listing, in fact, what the above book wants to dominate is not the little money in the hands of investors, but the communication infrastructure of the whole earth. Many times, what you can see with the naked eye seems very real, while what you can't see with the naked eye reflects the essence of things.Since its inception, Facebook has been "operating" users. Users contributed content and data to the book; The face book has the ability to integrate and operate this information and data.In order to ensure the normal operation of this routine operation, Donald should take the initiative in his own hands even if the book is listed on the market. However, it is very difficult for anyone to lead and manage face-to-face books in order to treat user information and data fairly and fairly, not to mention a young man of only 24 years old.The top priority of Facebook is to deepen the consistent transparency that Zuckerberg believes in and promote more sharing and communication, rather than turning Facebook into a profitable company. Although this is difficult, Donald must grasp it with both hands, and both hands must be hard.In addition to the leadership of the book, Donald also invested a lot in the equity structure. Generally speaking, media groups with a certain background will divide their stocks into two categories. Ordinary shareholders and institutions can hold ordinary shares, while other higher quality shares are mainly held by the founding family.The advantage of this is to enhance the voting rights of family members and ensure that the ordinary shares held by shareholders do not exceed the shares of family members. As a result, ordinary shareholders have relatively little impact on enterprises, but they are also prone to monopoly behavior.Donald made similar plans and choices in 2009. He turned the shares of family funds and partners into class B shares to ensure that they can still maintain control when the book is listed on the public.Google, which went public in 2004, did the same. These high-quality shares are mainly concentrated in the management and managers, who have 61% of the voting rights. The shares held by ordinary shareholders do not pose any threat compared with high-quality shares.In order to help Donald control this big company, it was announced last month that former US President Clinton and White House chief of staff Bowles were appointed as directors of the company. Bowles is also the honorary president of the National Committee for fiscal responsibility and reform of the two parties of the * * * government and the University of North Carolina.Just over two months ago, Facebook just pulled Naifei CEO Dewey into the company's board of directors.It is very strategic for Facebook to choose who to join the company's board of directors. Dewey has rich experience in IPO of Internet companies, which makes the industry generally expect that Facebook will be listed in the near future. In terms of film and video, as the CEO of Naifei company, the largest online film and television rental service provider in the United States, Dewey has rich experience, which is also very valuable for the book. The Royal Bowles will help the book achieve a more solid presence in Washington.Shelly Sandberg, chief operating officer of Facebook, also has rich political experience. Shelly Sandberg was the chief of staff of the Treasury Department under President Clinton. She also served as an economist at the world bank.Donald, CEO of Facebook, said: "Bowles has held many important positions in government, academia and business. This experience will help him gain insight into how to create a company structure and control various complex problems of the company. Bowles also has rich experience in creating a company, which is very valuable for us to expand our business.""It's obvious that Facebook has become a force for transformation around the world. I look forward to joining Facebook and contributing as much as I can," Bowles saidHe has founded many investment companies and is now a director of many companies such as DamaBowles is also a director of Morgan Stanley and other companies.Bowles started his career at Morgan Stanley. Later, he founded a number of investment banks as a co-founder. Later, Bowles founded a venture capital company and co founded carous, a private equity company.Bowers graduated from the University of North Carolina and received an MBA from Columbia University. In 1991, President Clinton appointed Bowles as director of the federal agency's small business administration. Later, Bowles entered the White House as deputy chief of staff of Clinton in 1993. From 1996 to 1998, he was promoted to chief of staff of the White House. During that time, he was also a member of President Clinton's cabinet, responsible for the National Security Council and the National Economic Council.In addition to Bowles, the current directors of the book also include Donald, Donald Graham, chairman and CEO of Sutton post, CEO Dewey and hedge fund managers Peter Thiel, egger and Giselle.Since February this year, Facebook has officially submitted an application for IPO to the U.S. Securities and Exchange Commission, and the valuation of Facebook of up to $100 billion has also made the whole Internet technology industry boiling. You know, Google's IPO valuation in 2004 was only $24.6 billion, which makes him one of the greatest IPOs in history.In any case, many companies worship Facebook, a new Internet giant, and its overestimated value is also related to its distinctive Internet model. This connection method that makes more and more people feel the social charm of the Internet is more vivid and interesting, and is closer to the general public than traditional Internet search and Internet portals, Users can create Internet content themselves, not just a reader. It can be said that the emergence of face books has changed the whole Internet.Recently, the hottest topic in the global high-tech industry is the public listing of face-to-face books. Whether Facebook is worth such a high market value is different. Some people think that the development of the social network market is just beginning. In particular, Facebook has a base of 900 million active Internet users. If it can create more business opportunities in other fields besides advertising revenue, it will be unlimited; However, some people believe that in the sense of rational investment, such a phenomenon of Facebook is like the reversion of the 2000 Internet bubble.On the whole, the environment of Facebook is far from that of the Internet bubble. Today, not only the overall information network infrastructure is more complete, but also the global network population is growing significantly. Moreover, compared with the Internet companies that pursued benmeng ratio at that time, the face book not only has a sustained growth income, but also has a good profit performance. In the future, there is still room for development not only in the original field, but also in the mobile market, which is also the reason why it is favored by investors.However, the future development of Facebook is not without risks, such as the increasingly fierce competition of social websites, the high concentration of revenue on a single advertising revenue, and the increasing importance of the mobile market. However, Facebook has a weak foundation and slow progress, the market development is severely restricted by many governments, the growth of revenue has begun to slow down, and the cost expenditure has begun to increase significantly, These hidden worries are not only perceived by Facebook itself, but also the factor that the external evaluation of Facebook is not so high.Nevertheless, from the perspective of capital market operation, if the face book can successfully complete the financing plan at the expected high price, it means that investors have considerable expectations for the future development of the face book, which not only injects a hope into the e-commerce and network industry with sluggish performance in recent years, but also symbolizes the advent of a new community era, At the same time, it also means that the portal website is declining.
