v6 Chapter 209： Ambush (Part 2)

Chapter 209 Ambush

When you are at a turning point in history, you do not realize that you are standing at a turning point in history.

This is Su Can's well-informed brain that pops out of a famous saying that I don't know who has said before, but now, Su Can understands that he is now at this most important turning point.

He is facing Gao Heng. Perhaps the most powerful opponent he has ever encountered.

Gao Heng smiled lightly in the face of Su Can's vigilant look up and down, "Su Can, hello. My name is Gao Heng."

Polite, but condescending, just seeing the two of them didn't stretch out their hands to hold each other, you know that they are actually standing on the opposite side of Hongyuan. Along with the positions and factions of the two sides, many aspects related to the two sides have collided and strangled, but so far, the two people have officially met face to face.

Su Can nodded, "I have heard of the name for a long time."

"Let's stop here," Gao Heng stared at Su Can, with a scent of being overwhelmingly strong, "you can't play with anything further up. It's more suitable for you to be an ordinary citizen." There is nothing too much. Ji Lie turned his face on the spot, and there was no such thing as a violent act. If language represents a powerful force, this sentence is more like a judgment from heaven. I am afraid that when he speaks these words to any high-ranking hero in the country, it will make the other party realize the feeling of weakness and powerlessness at the end of the second life.

Su Can put his eyes on Zach, who was wearing a hooded jacket behind Zhan Hua Gaoheng, put his hand in his pocket, and asked, "Can you explain why there are so many people on the board of directors who have nothing to do with it."

Su Can's noncommitment is undoubtedly a fierce counterattack against Gao Heng's words. How many people stand in front of him, even if the two sides are on opposite sides, they dare not neglect. Zhan Hua's eyes narrowed slightly.

"It's okay." Gao Heng swung his head to Zhan Hua magnanimously, and then changed to an authentic Oxford accent, "Zach, you can explain it."

Zach said as if talking about a common truth, "Gao and Moritz and Don Valentine are all investors on this trip. So they are qualified to be observers."

Gao Heng smiled slightly at Su Can, "This time the board of directors is very important to our overall investment decision-making. So we are there to supervise the entire process. If there is anything that makes you uncomfortable, I am sorry."

"Then why didn't I know beforehand?" Su Can looked at Zac, and these words were equivalent to questioning.

The atmosphere of the scene warmed up for a while.

Many people are looking at Zach. In the face of Zach, who is dominated by Facebook, it is rare to be questioned in person. Many people subconsciously bow their heads and do their own things. Several directors and observers silently walked into their respective seats on the round table in the conference hall, waiting for the final judgment of the board of directors.

Zach’s expression changed several times before he said softly, “That’s why we opened the board of directors. It’s just that you were not in Palo Alto before, and you were not notified when you came back. It’s just that the board of directors is present. I thought it was not. What a big deal."

Su Can knew what else to say at this moment. He and Zac went completely in two directions, and it was unrealistic to have any illusions.

When Su Canlin entered the board of directors, Qiao Shuxin whispered to his ear and said, "Don't worry, we will definitely prevent Facebook's top executives from betraying the Chinese company."

This board of directors, which has caused much speculation by the outside world, has officially begun.

There were 13 or 4 attendees on the round table at the venue, and the rest were women who were in charge of services at the venue and employees of the legal department who made relevant records.

In front of everyone, there are pens, papers, documents, various musk-skinned file bags, and business computers. There are rustling sounds in this gap, the buttons on the neck of the person wearing the suit, and Dustin's uninhibited rotation of the pen in his hand, which makes Sequoia's venture capital guru Moritz a little contempt for these creations. Members of a multi-billion-dollar company may sometimes not know who they are and what they are doing.

However, Zhan Hua and Gao Heng have always looked at the corners of their mouths, waiting for the start of this meeting with extreme patience.

Su Can saw the American girl Catherine wearing the uniform of a waiter. This uniform was a bit like a business suit, with a white shirt and gray-blue western kù. Zach took the coffee and turned his head down to turn over the prepared manuscript, but immediately turned his head to look at her. Obviously he didn't expect Catherine to enter the board of directors in this way. His stunnedness lasted only a few seconds. Then he decided that he would not be discerned by many investors on the spot.

Catherine finally came to Su Can and asked him, "Coffee or tea?"

Su Can pointed to the coffee. Catherine lay on his desk, and when she retracted her hand, she inadvertently pressed lightly on his left shoulder, like a silent encouragement.

As the chairman of the board of directors, Zach has a routine opening remarks, introducing the people present at the meeting, Dustin, Donald, and Jim next to the list of people. Next is the introduction to Graylock, Meritec's observers, and then Don Valentine and Moritz. The father of Silicon Valley venture capital is strong and light, just looking around the audience and nodding his head. However, they have attended countless venues larger than this one, and they have already cultivated to the point of being insulted. Then Zhan Hua and Gao Heng. Finally, I will introduce co-founder Su Can.

Graylock's observer Charlie took the lead and couldn't help but said, "You are Su Can? I've heard about Facebook China. It is said that you are already profitable?"

Su Can nodded, "The annual profit is about 40 million U.S. dollars, and this value is still growing."

Charlie and a few people around him exchanged their eyes, nodded and curled their lips, "Oh, that's great." Obviously, the problems faced by the United States this year have made them worry about the risk of not recovering their investment, so they decided to introduce the Sequoia Fund. I can't ask for it.

Zach interrupted at the right time, using his extremely quick words to talk about the prospects and confidence of Facebook, but also listed the problems currently faced by all parties. Speaking of the current importance of Facebook needs a lot of funds.

When the words were closed and everyone was whispering and talking, Zach closed his five fingers and fingertips, scanned the audience with a slow and deep look, and finally fixed Su Can's body, his long mouth opened, and said, "Su , What do you think about this?"

Seeing Zhan Hua and Gao Heng sitting upright at once, like a tiger peeking at its prey, Su Can had an extremely unreliable feeling. For example, why Zach would give him a chance to speak at this time, but he still didn’t know that this feeling came from Where.

But seeing the encouraging eyes that Dustin and Donald glanced over, Su Can knew that at least these two allies were on the board of directors this time.

The arrow is on the string, now I have to.

Su Can got up, opened the first motion of the board of directors on the surface, and then said in a slow tone, "Facebook Chinese currently has 50 million registered users in China and 20 million active users. You can see Facebook in your hands. A comparison of financial reports and related domestic data. The growth from ig shows that Facebook Chinese is currently the number one social network in China. Our entire team has plans in the future. I also want to remind all the gentlemen present, a related The simplest example in the field, in 2 years, Hong Kong Freetech sold all its 2o% stake in the communications giant Maibei at a price of US$12. Millard International Holding Group Co., Ltd., with the original US dollar investment, was less than 1%. In the middle of the year, I got a return of more than 10,000 U.S. dollars, which is a miracle, but three years later, the share of Mibei that Milad purchased from Freetech has been estimated to be a market value of 100 million U.S. dollars. Facts have proved The original Freetech still underestimated the growth potential of Mibey. Now Facebook Chinese is just like the original Mibey. If American Facebook insists on selling more than 20% of its equity, I personally oppose this resolution. Hopefully. Everyone can consider the higher returns brought by long-term holdings."

After Su Can finished speaking, the venue fell into silence. Immediately Su Can saw Dustin and Donald, who were lowering their heads and turning over the motion in their hands, looked strange.

Zhan Hua and Gao Heng looked at each other, and then the corners of their mouths slowly rose, with a smile.

Zach coughed dryly, and then faced the puzzled audience, he said to Su Can, "I think Su, you got it wrong, are you confused by the rumors from the outside world, Facebook is so well displayed in Chinese, how could we sell it? It’s a miracle that Facebook Chinese can remain profitable when it encounters resistance at the Facebook Expo in the United States. We have no plans to sell equity."

Catherine, who was leaning over and pouring coffee for a pot-bellied observer, immediately lost her senses. Seeing Dustin reading the motion in hand, Su Can stared at Zac next to her in astonishment, with shock on her face.

"I think you are mistaken for the time being." Sequoia Capital Don Valentine, who was sitting at the venue, said, "Young people. We are here for American Facebook."

Gao Heng leaned over in a timely manner, pressed his hand on the board proposal on the table, and then said, "I hope you will turn to page 55 of b2. There is a comprehensive co-financing plan for idd fund and sequoia fund. The proposal is roughly It is hoped that with a valuation of 1.2 billion U.S. dollars and an investment of 400 million U.S. dollars, approximately 33% of the shares of Facebook in the United States will be obtained."

There were voices from the scene turning over the title page of the proposal, and Su Can still had an invalid proposal to sell shares in Facebook Chinese.

Dustin and Donald were shocked by the news. Among them, Donald is even worse than Dustin, because as the president of the Washington Post Group, who has experienced various big scenes, he knows what this financing means better.

Zach said at this time, "Lack of money means suspension of operations, and the difference between Facebook and other networks is that he never collapses, even if it only stops for one day, the damage to credibility is always inevitable. We need this. Financing."

There was a rustle of discussion.

Obviously Catherine, who was also shocked by the news, got the proposal for Su Can at this time and placed it in front of Su Can. The agreement indicates the date of Facebook’s private increase and the increase in shares. According to the description in the agreement, all Facebook’s directors and investors will privately increase a certain amount of shares. According to this increase agreement, the financing of Gao Heng and Sequoia has come in. Among the 33% equity, Su Can’s equity will be diluted from 379% to 359%. It is equivalent to taking 2% to fill the 33% share of Gaoheng Sequoia.

The rest, including Zach, Washington Post Group, and Axel and other joint investors, the amount of co-diluted equity is less than 14%.

At the same time, Gao Heng signaled to turn the page down again and turned to the joint proposal of Sequoia and idd investment. Gao Heng stood up and said, "Here is a post-information. Members of Congress Joey Barton and Ed Markey wrote to us last Wednesday. The US ftc requested that ftc conduct an investigation on Facebook’s commercial activities. The lawmakers in the letter raised objections to Facebook’s collection of user information, believing that the true information of a large number of political staff and employees working in sensitive companies in the United States would be stolen by third parties. Even in the technology of accusing Facebook, even Facebook users can still send messages after logging out. You can also see many related accusations."

Gao Heng talked freely, showing that the plan was well-planned and detailed. All the investors present, probably except Su Can, Dustin and Donald among all directors, everyone present knew the direction of the board of directors.

"So we propose that in the Facebook board of directors, the appointment of the co-president will be cancelled. Mark Zuckerberg is the only chairman and CEO of the company, responsible for the core operation management and personnel power of the entire company, and the original co-president Su Can , It is proposed to grant the title of vice president of the new product development department, and no longer have any direct management power over specific departments and important affairs of the company."

Gao Heng’s words are like swords, and more aggressive offensives have come. "At the same time, we also propose that the reorganization of the board of directors of Facebook in the United States will be revised from the previous five-person board system to a six-person board. The specific selection of the sixth director will be Sequoia Fund and idd investment jointly recommended."

"No." Su Can's pupils suddenly shrank, and his voice sounded.

"If it is for the American Facebook Expo, I can personally pay a dilution of 2% of the equity in exchange for this investment." Su Can slowly stood up and looked at Zach, saying every word.

Although Zach and Su Can looked at each other, he didn't dare to look directly.

"But I absolutely disagree with this structure, which will fundamentally shake the authority of the five-person board system."

Tit for tat.

"Then I propose to immediately revoke Su Can's position as a Facebook director. He will no longer be a member of our board of directors." Gao Heng turned his attention to Mark Zuckerberg in a timely manner.

Pong! With a sound, the water bottle in Catherine's hand fell to the ground.

Everyone understood that this was an ambush, a complete ambush. The message of selling Facebook Chinese shares was used to induce Su Can to come to the United States. When Su Can and his team all their energy was rushing to oppose the sale of shares of domestic companies. At that time, the real purpose was to use this board of directors to exclude him from the American Facebook board.

The founder is being kicked out of Facebook in this way.

Zach lowered his head and frowned. His freckled face and yellow hair were messy, which seemed to show his fierce struggle at the moment. Finally, he sighed and faced all the board members and said, "Let's vote."

"Axel, Jim." Zach murmured without being bothered by this.

After a long pause, Jim said to Su Can, "I am here, and I can hear all kinds of news and information about Zac at all times. But Su, do you know how much information I can hear about you?" After a pause, Jim continued, "It's less than one percent of Zach. But after today, you will be the focus. Sorry."

Then he raised his hand.

Donald looked at Su Can, and finally raised a yes vote in his eyes full of sorry.

Tragic, but helpless, personal emotions can never control such a situation.

"Dustin, do you support me or Sue." Zach looked at Dustin at the end.

From the shock that had not yet dissipated on Dustin's face, it gradually turned into a sadness. Then slowly raised his hand.

The meeting wasn't so rashly decided, and there were still a few more qualitative moments after that. The resolutions of the board of directors were held intermittently, and the two parties stated and opposed.

At this moment, the headquarters of the company with 500 employees outside, everyone is silent about the news. The co-founder at that party will probably leave the company from now on. Isn't it when they co-founded American Facebook, this is the path they will eventually head toward?

The last time it was stated that Qiao Shuxin broke in, but was stopped by the guard. He took his resignation letter, then turned around and handed it to the human resources department.

The final decision of the board of directors came out: to revoke Su Can's co-president status, he will no longer be a member of Facebook's board of directors. In addition to his unshakable equity in Facebook, he has completely severed the connection with American Facebook.

Everyone knows that this news published by the Facebook board of directors will eventually stir up the entire Silicon Valley, and newspapers reporting related news will spread like snow flakes.

The legal department of Facebook finally notified the Su Can Supreme Board of Directors in the waiting room of the final resolution. Su Can's face was so calm that he didn't seem to have had this ambush. After receiving the final notice, Su Can left the waiting room and saw Zac sitting at the farthest point among the countless grids at the end of the hall. He sat silently, without a word, and looked at this side quietly. Su Can. Lake blue eyes were full of sadness.

Su Can silently stepped forward to the surrounding Chinese, black, Vietnamese, Indian, and so on. The other Facebook employees of different skin colors and races all watched him, and as he went all the way, the crowd was like a tide. Stood up.

This scene is as spectacular as the Harvard sorority.

Countless people are looking at Mark Zuckerberg in the position of president. He is currently the only president and the only king.

Su Can picked up the Apple Notes on a table next to him. Several defensive guards around came over, and Li Pengyu blocked the three sturdy men behind for the first time. One of the palms of the hand was against one of them, and the other hand was imaginary to defend, so bold that no one dared to cross the thunder pond for half a step.

Su Can suddenly smashed the notebook on the desk in front of Zach, Pang! Then a loud noise reverberated throughout the hall.

Countless people were silent among the splashing Apple keyboard and glass shards, and many others covered their mouths. Zach got up in the mess and took a step back, pressing his thin mouth tightly, looking at Su Can with a little panic in his eyes.

Su Can’s face was surprisingly calm, “We used to play war chess together in the dormitory. We drank butter beer in winter. We created Facebook to gather many people together and form an influence, hoping to change the world around us. This is what you give My return?"

Zach was speechless, and finally said, "At least you still own the equity of the second largest shareholder. This will never change. Through this financing, your net worth will be nearly 400 million US dollars."

"But I lost my Facebook" Su Can paused, "We will no longer be friends, and I will have nothing to do with you!"

Turning around, facing Zhan Hua and Gao Heng beside him Zhan Hua lit his cigar and shook his head, "I once reminded you, I admire you, but don’t forget, I can also do it myself Destroy you."

Gao Heng looked at Su Can, then slowly spoke and laughed, "I said before, it's best to be your common people."

Su Can shrank his pupils, squinted at the two of them, and said word by word, "Please remember all of this today and I will give you back."

Immediately he turned and walked towards the door. Several guards blocking the road were pushed aside by Li Pengyu left and right to make room. All employees in the company watched the king's departure in silence collectively, and then the split crowd was behind him. close. In the end, the eyes of the public were all focused on the freckled man at the top of the hall.

Very lonely.

I thought that the impact would not be too high, I thought that everyone would not vote anymore, thank you for hearing my voice!

I'm going to eat something now, and I will continue to struggle for a while, and today I will continue with the amount of three changes.

Ask for votes! Ask for votes! Ask for votes!

Can you be more affectionate?