Becoming a Russian Oligarch After Rebirth
Chapter 598: Learn to be Grateful _1

Chapter 598: Chapter 598: Learn to be Grateful _1

What Wang Ye said about maintaining the website’s share ratio without requiring any money from Sergei, that’s incredibly generous!

Normally, for Facebook, Wang Ye owns 80% of the shares, while Sergei owns 20%.

So, for this second financing round, if Wang Ye increases the investment by 10 million, Sergei would need to contribute 2.5 million US dollars.

Only then can the shares of the website be kept unchanged.

If Sergei doesn’t contribute, he would have to dilute his shares and recalculate based on the current valuation of the website.

Perhaps, his share ratio may directly shrink to 10% or even less!

Therefore, Sergei was very surprised, he had no idea Wang Ye would be so generous.

However, after hesitating, he shook his head and said:

"Mr. Mikhail, this is not appropriate. Without your investment, Facebook wouldn’t have really taken off. Otherwise, I imagine we’d still be confined to the Moscow University Campus Network with not many people even knowing about it.

With that 1 million dollar investment, Facebook became formalized and quickly expanded.

Moreover, this lottery event you organized has multiplied the popularity of the website several times over.

I’m very well aware that you’ve been using your own resources to support the development of Facebook from behind the scenes.

For this company, in reality, you have done more than I have!

The first time we invested, I got quite a good deal regarding the shares.

Now in the second round of financing, I don’t need to contribute a single cent, yet my shares remain undiluted, this really seems a bit questionable..."

With regard to Sergei’s statement, Wang Ye was quite satisfied.

He could afford to be generous with shares, making sure Sergei, the website’s founder, retains a solid stake. This would prevent him from becoming a mere employee after several rounds of financing...

But Sergei needed to be grateful, and also understand that while he founded the website, the person who truly made it successful was him, Mikhail!

Sergei’s words now indicate that he is a person who understands the situation and is appreciative.

So, handing over Facebook to such a person, Wang Ye could rest easy.

......

He chuckled and serenely said, "Like I said, when we get to the next financing round, we’ll follow the rules. Let’s consider this round more like internal additional investment. I really believe in this project, so I’m willing to invest some more. But the next round of financing may involve external funds."

For Facebook, Wang Ye indeed had high hopes.

Even more so than MAIL.RU and YANDEX which he had already acquired!

Although those two websites are currently much bigger than Facebook, their potential isn’t that great anymore!

Aiming for worldwide recognition, that’s almost impossible.

Whether it’s a portal website, a search engine, or an email service, the United States has better options!

Clearly, these two websites were "imitated and borrowed" from the United States, and technologically they are also not on par.

But Facebook is different.

This website has its unique innovative elements, currently it seems to be one-of-a-kind worldwide!

No website is like it.

Moreover, this website is doing social media and citizen journalism...

These two categories are definitely the most promising and potential in the internet industry.

Just look at Facebook’s market value afterwards.

This additional investment of 10 million dollars, firstly, is indeed required for website development, and secondly, to ensure Sergei’s loyalty.

Faced with Wang Ye’s sincerity, Sergei found it difficult to refuse.

After all, he had also put all his heart and effort into Facebook, naturally, he wouldn’t want to become a negligible minor shareholder.

Now having met such a generous boss like Wang Ye, that was really his luck!

So, when he got up to leave, Sergei kept expressing his gratitude....

......

Rossiyana watched the entire conversation between Wang Ye and Sergei.

After Sergei left, she gave a mischievous smile and said to Wang Ye, "Misha, Facebook is about to go through a second round of financing, isn’t it?"

Wang Ye nodded but didn’t say anything.

Rossiyana quickly said, "I feel that 10 million is not enough for this financing round. You said you want to expand Facebook internationally, that would require a lot of money. Why not bring in more investments? I can help with that."

Wang Ye looked at Rossiyana, amused, and asked, "Do you think I can’t afford more money?"

Rossiyana was at a loss for words. Indeed, when it comes to net worth, there might be very few people in Russia who have more than Wang Ye!

Even their family’s wealth, if the whole family’s assets were added up, it’s uncertain whether they have more than Wang Ye.

If Facebook requires more funds, Wang Ye doesn’t need anyone else’s help, he alone could handle it entirely!

Don’t forget, he just spent 4.2 billion US dollars acquiring the three major car brands.

But the Russian Auto Group’s company account still has a surplus of 800 million US dollars...

This money had no place to go yet!

After mumbling for a while, Wang Ye didn’t hear clearly what Rossiyana was saying.

But he didn’t mind and left to take care of his business.

After a while, Rossiyana came over again, putting on a pleasing smile, and flatteringly said, "Boss, if Facebook finances again, can I participate?"

Wang Ye looked up at her, unemotionally asked, "The next round of financing could be a 100 million dollar deal, how much can you put up?"

Rossiyana patted her chest and said, "It depends on how many shares you let me invest in! I can afford it no matter how much."

This girl has quite an appetite...

Wang Ye chuckled and asked out of curiosity, "Does your family want a stake in Facebook?"

Rossiyana was startled for a moment, but she readily responded, "Yes, a few days back, I did a lottery event on TV, right? Then some people from my family contacted me saying they are interested in Facebook, and wondered if they could invest."

Wang Ye nodded slightly. This is quite normal. Although the Rossiyana family mainly operates in the communication industry, once they make a lot of money, diversifying their investments is a must.

It reduces the risk.

Even though many companies had gone bankrupt during the internet industry’s winter in the past few years, some excellent websites have managed to survive and are doing even better.

Wang Ye’s acquisitions of those two websites were a case in point. Clearly, the Rossiyana family has also become interested in the internet industry.

Having discovered Facebook, a rising star, and because of Rossiyana’s involvement, they want to try and get an opportunity to invest.

He considered it for a moment, and readily said, "There’s no opportunity this round, wait for the next one. When the time comes, count you in, just prepare the money in advance!"