"Happy Farm" is a social web game that focuses on planting. Users can play the role of a farmer, reclaiming land on their own farms, and growing various vegetables and fruits.

In the game, players can not only water and weed and remove insects for their friends, but also occasionally make trouble for their friends. They can place pests in their friends' fields to plant weeds, or they can also steal the ripe fruits of their friends.

As a social web user, the most obvious feature of "Happy Farm" is that it emphasizes 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 "steal vegetables" at midnight. It has to be said that this "steal vegetables" setting in "Happy Farm" almost promotes weak interaction games to a new peak!

How could Selena not be shocked?

Selena then began to arrange for people to register a company overseas and recruit a game development team!

During this period, Selena asked Li Zetian about the name of the new game development company. Li Zetian thought about it and said a name - "Web Game Workshop", a company specializing in developing web games.

...

Two days later, DeFengjie suddenly announced that it would invest $10 million in the facetoface website created by Mark Zuckerberg, which caused a great sensation in the venture capital industry.

It is already well known that Facebook websites compete with Facebook websites. However, Facebook websites are obviously better developed than Facebook websites, so if you invest in Facebook websites, the risk is actually very high.

Norman Virginia, DeFengjie Company, said: "Facetoface has great development potential. The founder of the company Mark Zuckerberg is a genius at Harvard University. Not only has outstanding abilities, novel ideas, but also calm people. DeFengjie Company is very optimistic about him!"

Of course, Norman Virginia did not say that she had called Facebook and offered to invest in Facebook websites. Unfortunately, she was rejected and then settled for the second best. She invested in Facebook. At present, Facebook is indeed one step ahead of Facebook, but the battle between the two websites has just begun. Norman Virginia believes that under the promotion of capital power, Facebook will definitely develop rapidly and surpass Facebook, and there are many examples in this case.

As far as Norman Virginia knows, Facebook has not accepted any investment from venture capital companies so far. In his opinion, this is a stupid and conservative idea. If you don’t give up shares or accept investment, how can the company develop rapidly?

"Haha, within a year, the Facebook website will go bankrupt. Campus social networks will not allow two websites of the same type to appear!" Norman Virginia concluded.

Unfortunately, Norman Virginia didn't know that Facebook didn't need financing, but because its boss was the son of chronos·li...

facebook company.

Tina Gates is discussing with William about DeFengjie's investment in facetoface. Tina Gates's beautiful blue eyes are a little worried. "After DeFengjie's investment in facetoface is mainly, this is very unfavorable to us!"

Tina Gates knew that Facebook only had $5 million in starting funds, and has spent a lot of money to quickly promote the website. But now it is the critical time for Facebook and Facebook to compete for users. If Facebook spends money to advertise and purchase traffic and then converts these traffic into users, it may really make the other party catch up.

William nodded and said, "It seems we have to raise funds in advance!"

"Well, I think it's necessary, but the investors we choose should be of great help to Facebook!" Tina Gates blinked at William.

William understood that although he wanted to start a business independently, he was the son of chronos·li after all, so some resources could still be used, such as looking for Google, youtube or Tencent to invest in Facebook.

That night, William first contacted his sister and called and said, "Sister, haha, I want to tell you something good!"

"What good can you do?"

"Facebook is ready to raise funds, is Tencent interested?"

Youran has now become Tencent's CEO, so naturally he has to work hard to develop Tencent. When he heard that Facebook was going to raise funds, Youran's big eyes shone brightly and said loudly: "Of course I'm interested. Let's talk about how much money Tencent needs to invest and how much money can Facebook sell."

William said: "The Facebook website has a very promising future, so the valuation is very high. In this way, if Tencent invests $10 million in Facebook, I will be willing to pay 1% of the shares to Tencent."

Li Youran thought for a moment and agreed: "Okay, because you are my brother, I will help you and will go to the company to discuss tomorrow. However, 1% of the shares are too small, Tencent is willing to invest 50 million US dollars and get 5% of the shares!"

William thought for a while and nodded, "Okay, 5% is 5%. Haha, thank you sister, I promise that this investment will make Tencent a big profit!"

After the call, William then called Larry Page, a CEO from Google, and said that Facebook needs financing, so you can do it.

The next afternoon, 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 Facebook company's shares.

80 million US dollars is actually enough for Facebook to be used for a long time, but in order to completely crush Facebook and demonstrate Facebook's strength, William contacted several well-known venture capital companies, such as Goldman Sachs, Sequoia Capital, IG Capital, etc., and planned to use their resources to help Facebook develop rapidly.

Goldman Sachs Group.

"Facebook intends to carry out a round of financing. What do you think?" An old man said in the conference room of Goldman Sachs Group.

Someone immediately said: "Facebook has developed well, I think it is promising. Goldman Sachs Group should seize this opportunity and invest in Facebook!"

But someone immediately objected: "Facebook's valuation is too high. Investing $10 million in just get 1% of the shares, and the return on investment is not high. In addition, I think the campus social network like Facebook has little potential and the social circle is too small."

"Yes, I also think the social circle is too small and the number of users is limited. If Facebook's valuation is a little lower, it's okay to invest in it, but the valuation is as high as $500 million, there is no need for Goldman Sachs to invest in it!"

"Yes, not to mention that Facebook still has a competitor, and now the winner is still undecided, so the risk of investing in Facebook is still very high!"

Someone concluded: "The return on investment is not high, and there are still great risks, so I think Goldman Sachs should give up this investment in Facebook!"

"I agree!"

"I agree!"

“…”

At this time, the situation of Sequoia Capital is completely different from that of Goldman Sachs.

As a startup, Facebook has only been a few months ago, its valuation has reached as much as $1 billion, which seems to be a bit high, but when Sequoia Capital heard that Facebook was going to raise funds in advance, it wanted to invest $100 million or two in it.

Paul said: "The Facebook website is the first entrepreneurial project that chronos li handed over to his son, and it must have great development potential!"

The directors of Sequoia Capital nodded repeatedly.

Paul continued: "So, Sequoia Capital must take more shares in Facebook! We will eat as much as they give!"

"That's right!"

“I support it too!”

...

In the end, only Sequoia Capital is willing to invest in the invitation from Facebook. Other venture capital companies think that Facebook's valuation is too high, so they are unwilling to invest.

Sequoia Capital invested $20 million, but Facebook companies didn’t want it any more.

On April 1, Facebook announced that the A-round financing ended and Facebook received a total of US$100 million in investments from Tencent, Google and Sequoia Capital!

This is a shock to the venture capital industry!
Chapter completed!