"Happy Farm" is a planting-based social web game. Users can play as a farmer of a farm, reclaim the land and grow various vegetables and fruits on their own farm.
In the game, in addition to watering, weeding, and pests for friends, players can also occasionally cause trouble for friends.
As a social network user, the most obvious game feature of "Happy Farm" is its strong interaction, and this interaction does not require both parties to be online at the same time. Selena can already predict that many people may set an alarm clock to get up in the middle of the night to "steal food". It has to be said that this "stealing vegetables" setting of "Happy Farm" has almost promoted weak interaction games to a new peak!
How could Selena not be shocked
Selena then began to arrange for someone to register a company overseas and recruit a game development team at the same time!
During the period, Selena asked Li Zetian about the name of this new game development company. Li Zetian thought about it and said a name - "Page Game Workshop", a company specializing in the development of web games.
…
Two days later, DFJ suddenly announced a $10 million investment in the FaceToFace website founded by Mark Zuckerberg, which caused quite a stir in the venture capital world.
It's been known for weeks that Facebook's rivalry with FaceToFace. But the Facebook website is obviously better than the FaceToFace website, so investing in the FaceToFace website is actually very risky.
Norman Virginia, CEO of DFJ, said: "FaceToFace has great potential for development. The founder of the company, Mark Zuckerberg, is a genius at Harvard University. He is not only outstanding in ability, novel ideas, but also calm. DFJ is very optimistic about it. he!"
Of course, Norman Virginia did not say that he had called Facebook and offered to invest in the Facebook website, but he was rejected. At present, Facebook is indeed one step ahead of FaceToFace, but the battle between the two websites has just begun. Norman Virginia believes that under the impetus of capital, FaceToFace will develop rapidly and surpass Facebook. In such a situation, There are many examples.
As far as Norman Virginia knows, Facebook has not yet accepted investment from any venture capital firm. In his opinion, this is a stupid and conservative idea. If it does not give up its shares and does not accept investment, how can the company develop rapidly
"Hehe, Facebook is going to go out of business within a year, and the campus social network won't allow two sites of the same type!" Norman Virginia concluded.
It's a pity that Norman Virginia didn't know that Facebook didn't need financing, but because its boss was Chronos Li's son...
Facebook Inc.
Tina Gates is discussing with William about Defengjie's investment in FaceToFace, Tina Gates has a pair of beautiful blue eyes with a hint of worry, "After Defengjie invests mainly in FaceToFace, this is not good for us. !"
Tina Gates knew that Facebook only had a starting capital of $5 million, and it had already spent a lot in order to quickly promote the website. But now is the key time for Facebook and FaceToFace to compete for users. If FaceToFace spends money on advertising to buy traffic, and then converts these traffic into users, it may really let the other party catch up.
William nodded and said, "Looks like we have to raise money in advance!"
"Well, I also think this is necessary, but the investors we choose should be of great help to Facebook!" Tina Gates winked at William.
William understands that although he wants to start his own business, he is the son of Chronos Li after all, so some resources can still be used, such as finding Google, YouTube or Tencent to invest in Facebook.
That night, William first contacted his sister, called and said, "Sister, hehe, I want to tell you something good!"
"What good can you do?"
"Facebook is about to raise money, is Tencent interested?"
Now that You Ran has become the CEO of Tencent, he naturally has to work hard for the development of Tencent. When he heard that Facebook was going to raise money, his big eyes gleamed, and he said loudly, "Of course I'm interested, let's talk about it first. How much money Tencent needs to invest and how much Facebook can sell.”
William said: "Facebook has a very promising website, so its valuation is very high. In this way, if Tencent invests $10 million in Facebook, I am willing to give 1% of the shares to Tencent."
Li Youran pondered for a while, and then agreed: "Okay, for the sake of your brother, I will help you, and I will have a meeting at the company tomorrow to discuss. However, 1% of the shares are too small, and Tencent is willing to contribute capital. $50 million for a 5% stake!"
William thought for a while, nodded and said, "Okay, 5% is 5%. Haha, thank you sister, I promise that this investment will make Tencent a lot of money!"
After the call ended, William then called Google CEO Larry Page, saying that Facebook needs financing, you can figure it out~
In the afternoon of the next day, both Tencent and Google agreed to invest in Facebook, with the investment amounts of US$50 million and US$30 million, respectively, and each obtained 5% and 3% of the shares of Facebook.
In fact, $80 million was enough for Facebook to use it for a long time, but in order to completely crush FaceToFace and demonstrate the strength of Facebook, William contacted several well-known venture capital firms, such as Goldman Sachs, Sequoia Capital, idg Capital, etc., Intend to use their resources to help Facebook grow rapidly.
Goldman Sachs Group.
"Facebook is planning to raise a Series A, what do you think?" an old man said in the Goldman Sachs conference room.
Immediately someone said: "Facebook is developing well, I think it has a great future, Goldman Sachs should seize this opportunity and invest in Facebook!"
But someone immediately objected: "Facebook's valuation is too high, and investing 10 million US dollars is only 1% of the shares, and the return on investment is not high. In addition, I think Facebook has little potential for campus social networks, and the social circle is too large. small."
"Yes, I also think that the social circle is too small and the number of users is limited. If Facebook's valuation was lower, it would be OK to invest in it, but the valuation is as high as 500 million US dollars, and Goldman Sachs Group has absolutely no need to invest in it!"
"Yeah, what's more, Facebook still has a competitor, and now the winner is still in the game, and the risk of investing in Facebook is still very high!"
One person concluded: "The return on investment is not high, and there is still a lot of risk, so I think Goldman Sachs should give up this investment in Facebook!"
"I agree!"
"I agree!"
"… "
At this point, Sequoia Capital's situation is completely different from Goldman Sachs Group.
Facebook is a start-up company, and its valuation has already reached as much as 1 billion US dollars, which seems to be a bit high, but when Sequoia Capital heard that Facebook was going to raise funds in advance, it was eager to invest in it One or two billion dollars.
Paul said: "The Facebook website is the first entrepreneurial project that Chronos Li gave his son, and it must have great potential for development!"
The directors of Sequoia Capital nodded again and again.
Paul continued: "So, Sequoia Capital must take more shares of Facebook! We will eat as much as they give!"
"That's right!"
"I support it too!"
…
For Facebook's invitation, in the end, only Sequoia Capital was willing to invest, and other venture capital firms believed that Facebook's valuation was too high, so they were unwilling to invest.
Sequoia Capital invested 20 million US dollars in one investment, but no more Facebook companies.
On April 1, Facebook announced that the A round of financing was over, and Facebook received a total of $100 million in investment from Tencent, Google and Sequoia Capital!
This Nima shocked the venture capital world!
They are not optimistic about the project. Tencent, Google and Sequoia Capital have not hesitated to invest huge sums of money, and they have really pushed Facebook to the position of a unicorn company with more than 1 billion US dollars! ! !