Chapter 1323 The meat is rotten in the pot

   "Daren, listen to my advice, this marriage really can't be done!"

  Blank's Sanskrit tone was a little excited, "If you have to end it, you can only give up Facebook and let Christina leave the company.

  In this way, you and Kristina are two ordinary shareholders, and can no longer interfere with Facebook's operation management and top decision-making.

   But I think investors don't want to see such a scene.

  You, the dog, and the three founders of Christina have all left before the company goes public, which is a huge blow to investor confidence. "

   Xia Jingxing's reaction was flat and asked, "What else?"

   The corners of Blankevan's mouth twitched slightly, he knew that Xia Jingxing was a smart person.

   What he said just now was just to test Xia Jingxing.

   "Option 2, you give up your status as the largest shareholder."

   Blankfein sighed, "I know this is hard to accept, Facebook is a business you founded, and you played an irreplaceable role in its growth.

   But, it's too important, you know what I mean.

   That portion of Vision Capital's holdings can be kept, because it's not your own fund.

   But the combined shares of your other holding platforms should not look too eye-catching. "

  Xia Jingxing said lightly: "You mean, let me sell some shares?"

   "Yes, sell it to Kristina and make her the largest shareholder instead of you.

   Or launch two more S funds and inject some Facebook equity into the fund.

   There is also a plan to set up a trust fund for your son and put some of the Facebook equity into this trust fund.

   The above three schemes can be done individually or in combination.

   In short, you cannot show that you still have a strong influence on Facebook. "

  Xia Jingxing silently thought about the three proposals proposed by Blankfein, all of which were highly feasible.

   "Do you think that by doing this, I can eliminate the impact of my childbirth with Christina?"

   "It can't be said to be completely eliminated, at least a large part of it can be eliminated, because both of their mothers are Americans born in the United States, and you are a Chinese, and you are not willing to naturalize in the United States."

  Xia Jingxing said: "Okay, I understand, I will carefully consider your suggestion."

   "Daren, you have to think more about it in the future, even if no one attacks you this time, someone will attack you in the future.

  You choose to take a step back and withdraw a lot of cash, and you can still use this money to invest in other projects with higher returns.

   Facebook's current valuation is already very high, and there is not much room for appreciation to continue to hold.

   And with this opportunity, you can completely solve the problems left over by Facebook's history, and no one can attack you and Facebook with this matter again.

   Facebook is the Facebook of the United States, which can be unanimously recognized.

   After Facebook goes public, if you think it still has investment value, you can buy it through the secondary market, and no one can stop you. "

   Xia Jingxing already had a very clear plan in his heart, he said with a smile, "I understand, thank you, Mr. Blankfein."

   "Who made us friends? These suggestions are all for your sake."

  Xia Jingxing smiled silently, and after chatting with Blankevan for a few more words, he hung up the phone.

   Then, he called Mak Jin Heung again.

   The other party's reaction was similar to that of Blankevan, and he also gave three strategies for Xia Jingxing to choose.

   After calling the two of them, Xia Jingxing and Kristina started a video call.

   He recounted to Christina all his conversations with David Rockefeller, Liu Hai, Blankfein, and Michael Mak.

After listening to   , Kristina was stunned, and her brain was "buzzing".

   Seeing Kristina in a trance on the screen, Xia Jingxing asked with concern, "Are you alright?"

  Christina quickly waved her hand, took a long breath, and said, "I'm fine, but my mind is a little confused, you let me be quiet."

  Xia Jingxing closed his mouth and silently looked at Christina on the other side of the screen with worry in his eyes.

   He was actually all right, and this incident undoubtedly put more pressure on Kristina.

   Pregnancy out of wedlock, giving birth to children in China... These things are destined to be reviled and even threatened by white supremacists.

   At the same time, she also has to deal with major forces such as the government and shareholders, so that everyone is satisfied, and Facebook's listing promotion work will not be affected.

  Christina suddenly raised her head and said, "I want to know, what do you think?"

Xia Jingxing did not directly answer this question, but stated with a faint gaze: "Envision Capital currently holds 19.77% of Facebook shares, of which 8.88% belongs to me personally, and the other shareholding platforms I control add up to a total of 26.29%. .

After the    equity penetration, I held a total of 35.17% equity in Facebook.

  You hold 12.58% equity, which is somewhat less.

   But the two of us together hold nearly half of the shares, which seems like a reverie. "

   Kristina frowned, "Is there any problem? Your shareholding may drop to less than 30% after being diluted by the IPO listing.

   This shareholding ratio is not high, and the US capital has already held more than two-thirds of the shares. Can this still not dispel the concerns and hostility of some people? "

  Xia Jingxing smiled. For an average American company, the foreign shareholding ratio of 30% is not high.

   But for large multinational technology companies in the United States, we have never seen a 30% foreign shareholding, or even 10%.

   Of course, this has something to do with the size of the company. It is impossible for foreign capital to spend so much money on a company.

  US technology stocks, generally the largest shareholder, or even the largest institutional shareholder, are BlackRock Investments, Pioneer Pilot Group, and Fidelity Investments, these giant-level mutual funds.

   "Most of the shares held by Vision Capital belong to dignitaries, so there shouldn't be much resistance, and there will be some sell-offs after the listing, and there may only be fifteen or six points left in the end.

   And your shareholding ratio is too small, it may be less than 10% after listing dilution.

  I want to transfer 10% of the shares to you, and you will be the largest shareholder of the company. "

   Kristina quickly shook her head, "I can't, you have already transferred 10% of your shares to me before."

   If Kristina didn't know what the 10% shares that Xia Jingxing transferred to her before, she knew now, which meant giving away an astronomical amount of wealth.

   The 10% Facebook stake sold four years ago for about $1 billion is now worth at least $6 billion.

   If she takes another 10% stake in Facebook, these stakes may be worth $10 billion, $20 billion in the future...

   Kristina’s rejection was expected by Xia Jingxing, he shook his head and laughed: “It’s not that you don’t give money, you have to take another loan.”

   "In a few years, you only need to pay one or two points of equity to repay the loan."

  Christina has not yet repaid the equity pledged loan from a few years ago, but as long as she wants to repay, the $1 billion loan with principal and interest only needs to pay two points of equity.

   If you don’t take into account equity dilution, the equity transfer four years ago is equivalent to a net profit of eight Facebook shares.

   "Just take it, so that everyone will feel at ease, at least the biggest profitee of Facebook's listing is an American, not a Chinese."

  Christina thought for a long time and said, "Or you transfer the equity to Enoch."

  Xia Jingxing said with a smile: "If he says, I will transfer another 5% of the equity to him to set up a trust fund."

   Hearing this sentence, Kristina was both relieved and amused. A two-year-old child who did not even know money was already worth billions of dollars.

   In Chinese, reincarnation is a skill.

  Xia Jingxing counted with his fingers: "After transferring the 15% of the shares, in addition to the shareholding platform of Vision Capital, I also hold 11.29% of the shares.

   is not too eye-catching, but it is inevitable that others will count Vision Capital together, and they hold more than 30% of the shares.

   Therefore, I plan to disperse all the 11.29% equity and inject it into external funds such as Rockefeller Family Office, Gao Ling Capital, Snow Lake Capital, Global Investment, Tiger Asia, etc., which will no longer be reflected in my name.

   I no longer retain any equity in Facebook in my personal name. "

  Christina asked: "Isn't this a place without three hundred taels of silver?"

   "You still understand this idiom?"

  Christina didn't say anything, just rolled her eyes.

   "No, everyone will think that I transferred the shares of Facebook to my son, and Envision Capital, isn't it also recognized by everyone as a company I control?"

  Xia Jingxing spread out his hands with a smile, "In this way, I will be empty-handed and will no longer directly hold any shares in Facebook.

   Facebook is going to be listed anyway, so I will focus on the secondary market in the future. "

   Facebook's development path in the primary market is indeed coming to an end. Xia Jingxing felt that as long as the price is right, it is okay to sell some equity.

   Calculated according to the market value of 100 billion US dollars after listing, and the valuation of trillion US dollars after ten years, that is, ten times the stock in ten years. It is not a scarce investment target, and there are few projects with higher returns than it.

   As for the inability to let go of the feelings for the company he founded, he can only pass it on to his son and Christina.

  Christina thought silently, and it took a long time before she said, "This won't cause a lot of loss to you, right?"

  Xia Jingxing smiled, with this operation, most of the meat was rotten in the pot.

   If you really want to care about it, it may allow Rockefeller and Gao Ling Capital to earn some management fees and share of equity appreciation income.

   But these money can only be called drizzle, and he also completed the goal of diversifying investment silently, which is not without gain.

   "In fact, I am more concerned about you and my son than a little loss of profit. I am afraid that you will be hurt."

  Xia Jingxing looked at Kristina with love and pity, he felt that this level was not so easy.

   Mainly because Kristina gave birth to a son for herself, and her relationship with her is still disconnected. This is a big loss in the eyes of high-level executives. If you don’t work hard to help create a few Colour revolutions, I am afraid that it will not be good.

   (end of this chapter)