Rebirth of the Financial Crisis Sweeping the World

Wang Guanxi’s investment in Facebook is confidential and not public.

Markzak asked curiously: Wang, why do you want to keep it a secret and not make it public?

This time Wang Guanxi invested so much money in Facebook, not with one fund, but with multiple offshore funds jointly investing 25% of the shares.

This puzzled him.

It would be great to make this investment public, so that other financial institutions that are not optimistic about it would regret it.

You must know that he had negotiated financing with many financial institutions before, but they all refused, including the loan.

Now that Facebook has money, even if these people want to raise funds in the future, they won't need it anymore and they will just wait to go public.

Wang Guanxi smiled and said: I don't want other financial institutions to know that I have invested in Facebook. Of course, if they want to check, they can still find out, but I don't want too many companies to know.

The Twitter companies and WhatsApp companies he invested in are competitors of Facebook.

Markzak: Well, I won't tell anyone.

Spent a few more days on Lanai.

April 28th.

The Crown took off from Lanai Airport and flew to San Francisco International Airport.

On the plane, Wang Guanxi and Mark Zach had lunch.

This time, he received US$2.5 billion in funding and spent a few days on Lanai, making Markzak extremely comfortable and relaxed.

This 2.5 billion US dollars is a huge amount of money!

Even if Facebook spends 50 million US dollars every month, it can spend 50 months, and Facebook cannot go bankrupt.

Mark Zucker estimates that this economic crisis will last for up to two years, and Facebook currently spends $20 million per month.

Just make sure you have enough cash for 25 months of expenses.

The expenditure for 25 months is only US$500 million.

Calculating more, let’s say $800 million.

The remaining US$1.7 billion can allow him to start acquisitions. He can acquire all companies that he is optimistic about that are beneficial to Facebook or pose a threat to Facebook.

For example, Twitter, Mark Zucker was very excited thinking about this.

There was an uncontrollable smile on his face.

But he didn’t know that the secret controller of Twitter was Wang Guanxi, and it was impossible for him to acquire it.

At this time, Wang Guanxi said: Mark, Facebook has a lot of cash this time. You can also finance other technology companies, or directly acquire companies that threaten Facebook.

Mark Zucker: Wang, I think so too. Google just looked down on me when they gave me a valuation of US$2 billion. They didn't expect that you valued me at US$7.5 billion and also invested 2.5 billion. With the dollars coming, Facebook now has money and no longer has to suffer from Google and Yahoo’s arrogance.”

In 2006, when he was only 22 years old, he was insulted by Yahoo and this time by Google.

Now his Facebook company has more cash than Yahoo!

Now Wang Guanxi has valued Facebook at 7.5 billion and injected US$2.5 billion, giving Facebook a valuation of US$10 billion.

Facebook has US$2.5 billion in cash, while Yahoo is still struggling for financing and has less than US$1.8 billion in cash.

Wang Guanxi smiled and said: That's true. Yahoo has lost a lot of money in its announced profits, has a lot of debt on its books, and doesn't have much cash flow.

Markzak smiled and said: Yahoo is getting worse and worse. Last year, it rejected Microsoft's acquisition. Now its market value has shrunk a lot, and it is increasingly estimated that it will not be able to get back up. Facebook's valuation will definitely exceed it. market value.”

Yahoo had a market capitalization of US$30 billion in February 2008.

At that time, Bill Gates of Microsoft offered a purchase price of US$45 billion, but Yahoo refused. Three months later, Bill Gates offered a price of US$50 billion, almost a 66% premium for the acquisition, but Yahoo Still refused.

After the economic crisis hit, Yahoo's market value shrank from US$30 billion to US$12.8 billion today.

Facebook will soon surpass Yahoo.

Wang Guanxi smiled and said: Mark, your company's listing will definitely leave Yahoo far behind. It is possible to exceed US$100 billion in the future.

Haha, I hope so. I don't dare to think about US$100 billion. If the pre-IPO valuation has increased five times, I will be satisfied with US$50 billion.

Of course, after a few years of listing, it will definitely surpass Yahoo's previous peak market value.

He is very confident that if Facebook goes public in the future, it will definitely dwarf Yahoo's current market value.

As the overlord of the Internet industry, Yahoo once had a market value of 100 billion US dollars. It has now declined and is declining. Now Facebook will definitely become an Internet giant and surpass Yahoo's highest market value.

Wang Guanxi smiled and said, It will definitely happen.

Markzak thought for a while and said: Now that the company has so much cash, I plan to set up branches in Hong Kong, Bay Island, Singapore... and acquire small local Internet companies...

After thinking for a while, he said again: I plan to buy Twitter for $1 billion, and Facebook will build its headquarters at the same time.

Wang Guanxi smiled and said: Your company is up to you.

Currently at Facebook, after Wang Guanxi’s financing, Mark Zucker still controls 70% of the voting rights.

Wang Guanxi holds 25% of the shares and less than 8% of the voting rights.

On May 18, 2012, when Facebook went public, its valuation exceeded US$100 billion, making it the third largest initial public offering in U.S. history.

It has increased 10 times, and the US$2.5 billion invested by Wang Guanxi will also receive a return of nearly 10 times, and will be worth at least US$20 billion by then.

Moreover, Facebook's market value will continue to rise in the future, and the value of this 2.5 billion US dollars can increase to 200 billion US dollars.

If it were replaced by another CEO, Facebook's market value would not reach a market value of US$1 trillion.

Just like Apple, if Steve Jobs didn't come back, Apple wouldn't have the number one market value.

Markzak said: Wang, I like investors like you. I remember when my friends and I first founded Facebook, Paypal founder Peter Thiel gave me the first seed investment of US$500,000. , the conditions were very harsh, but I accepted it.”

At that time, Peter Thiel agreed to invest in the form of convertible bonds. If Facebook reaches 1.5 million users by the end of 2004, Peter Thiel's 500,000 will automatically be converted into Facebook shares. If not, he can ask Facebook to pay back the money and Make up interest.

Although Facebook later failed to meet the target, Peter Thiel still agreed to transfer shares.

Wang Guanxi smiled and said: I have also heard of Peter Thiel. He is a famous Silicon Valley venture capitalist.

Peter Thiel co-founded PayPal in 1998 and sold it to eBay for $1.5 billion in 2002, with a personal profit of $60 million.

The future Iron Man Musk is also the co-founder of Paypal. The relationship between Peter Thiel and Musk has always been bad in the company.

Musk once squeezed out Peter Thiel, the original founder of PayPal, and became CEO. However, due to poor management, he was impeached by employees and the board of directors when he went on his honeymoon with his girlfriend.

After taking a flight back, I found that I was dismissed. Peter Thiel and the board of directors drove the major shareholder Musk out of the company, and then Peter Thiel returned to Paypal as CEO.

Finally, I sold my paypal and made a lot of money.

Peter Thiel, Musk, and their former colleagues at Paypal are called Silicon Valley Heibang. After the sale of Paypal, these people all have their own businesses and have done great things.

Markzak said: At the beginning, Facebook's users did not meet the target. Fortunately, Peter Thiel did not withdraw his capital and agreed to transfer shares. Otherwise, my Facebook company would have collapsed because of his withdrawal of capital.

Wang Guanxi smiled and said: Peter Thiel is still very discerning. When Facebook goes public, he will get super high returns.

Markzak smiled and said: He has also invested in many companies. I plan to make strategic investments in the technology companies invested by Peter Thiel.

After thinking for a while, he said: Wang, he invited me for dinner tonight. You can get to know each other. If you want to invest in technology companies, he should have many good projects on his hands.

Wang Guanxi said: Okay, everyone can go to my manor tonight.

Mark Zach: Okay, I'll call him when I get to San Francisco.

Time flies by.

The Crown landed at San Francisco International Airport.

Markzak called Peter Thiel.

In the evening, Mark Zach and Peter Thiel came to Wang Guanxi's Crown Manor in Pacific Heights.

Peter Thiel is dressed in a formal suit, a black suit and a brown tie, looking very cold and handsome.

Wang Guanxi knew that he was gay, had a same-sex boyfriend, and would get married in the future.

Of course, Wang Guanxi does not discriminate and respects others in his heart.

Markzak introduced: Wang, this is Peter Thiel, one of the leaders of the Black State in Silicon Valley.

Wang Guanxi extended his hand with a smile and said: Mr. Peter Thiel, welcome.

Peter Thiel also shook hands with Wang Guanxi enthusiastically. He was shocked in his heart. He said with excitement: Mr. Wang, you are so young. It is really unimaginable.

You must be a wizard among financial wizards. No one I know on Wall Street is as good as you.

Having said this, Peter Thiel admired Wang Guanxi very much.

At such a young age, he is already super rich.

Although he has founded many companies and his founders fund has invested in many companies, the returns are not yet obvious.

You have to wait until the company goes public to see the returns.

Since the sale of Paypal, he has received $60 million, spent $50 million to establish a founders fund, and also established some small companies.

But his assets have not increased much over the years. How can he compare with Wang Guanxi? The gap is too big.

Wang Guanxi smiled lightly: It's just good luck, it's nothing.

Let's go, let's have dinner first

good!

Then everyone entered the manor and then came to the luxurious and luxurious restaurant, where the maids served dinner.

At dinner, Peter Thiel asked: Mr. Wang, Murdoch's Lanai Island has been sold. The mysterious buyer should be you, right?

Wang Guanxi thought Markzak, who had lived on Lanai Island for a day, would tell Peter Thiel. Unexpectedly, this was also kept secret, so he nodded: Yes, now I am the owner of Lanai Island.

Peter Till suddenly took in a breath, his breathing quickened.

Got it from a CIA friend.

That’s an existence worth more than $30 billion.

Thinking of this, Peter Thiel feels insignificant. To be honest, his net worth is only a few hundred million dollars, and most of it is estimated.

This includes Facebook’s valuation.

But if you want to cash out, you need to wait for the company to go public, or sell the shares to other venture investors during financing.

His first pot of gold was founding the PayPal company. After selling it, he personally received US$60 million.

With financial freedom, he began to join the venture capital industry. Over the past few years, his net worth has increased a lot. As a famous venture capitalist in Silicon Valley, but compared with Wang Guanxi in front of him, the gap is too far.

He couldn't help but said: Mr. Wang, it is rumored that you are worth at least more than 30 billion US dollars. Is this true?

Markzak was stunned when Peter Thiel said that Wang Guanxi was worth more than 30 billion U.S. dollars. He didn’t ask about Wang Guanxi’s assets, so he guessed that Wang Guanxi was worth about 10 billion U.S. dollars. He didn’t expect that Peter Thiel After learning that Wang Guanxi is the owner of Lanai Island, it is incredible to directly say that Wang Guanxi is worth more than 30 billion US dollars.

Wang, what Peter Thiel said can't be true, right?

Oh my God, you're worth over $30 billion?

He previously thought that Wang Guanxi just made a lot of money in the financial market, had a lot of cash, and was very optimistic about Facebook, so he invested a huge amount.

He estimated that Wang Guanxi was worth about US$10 billion.

After all, this private jet, private island, and Silicon Valley Bank were all purchased this year, as well as Hawaiian Airlines and Hawaiian International Hotel. They are all worth it, and they must have spent US$1.5 billion.

Including investment in Facebook, it is US$2.5 billion.

Wang Guanxi still has a few billion dollars, which is enough to make him rich.

At this time, Peter Thiel spoke again: The Eastern predator often rumored by the media is Mr. Wang, right?

In fact, he is engaged in the venture capital industry and often deals with financial institutions. Many of his Silicon Valley black gang members are executives in hedge funds, and from time to time they spread the glorious deeds of Eastern predators.

Wang Guanxi nodded and smiled, and had no choice but to show off his cards and said: The outside world has indeed arranged for me to be nicknamed the Oriental Crocodile.

After thinking for a while, he continued: Actually, I am also the major shareholder of Amazon, Bank of America, Citibank, and Wells Fargo.

On Amazon, Fund No. 1 bought 80 million shares, and now Amazon’s stock price has risen to US$70, worth US$5.6 billion.

On Citibank, Fund No. 2 bought 200 million shares, and Citibank’s share price has risen to US$31 per share, worth US$6.2 billion.

On Wells Fargo, Fund No. 3 bought 400 million shares. Today, Wells Fargo’s stock price has reached $20 per share, worth $8 billion.

In Bank of America Corporation, Fund No. 4 holds 1 billion shares. The current share price of Bank of America Corporation has risen to US$9 per share, worth US$9 billion.

That adds up to US$28.8 billion.

Then he continued: East West Bank, Fifth Third Bank, Huntington Bank, Bank of Hawaii, Macy's Department Store, and Ford Motor Company are also companies I control.

Fund No. 1 alone still holds 1.5 billion Class A shares of Ford Motor Company. Today, Ford Motor Company's stock price has risen to US$5 per share, worth US$7.5 billion.

All told, the stocks held by his four offshore funds are worth US$36.3 billion.

Thinking of this, he continued: Currently, my net worth exceeds US$30 billion!

Recently, the stock market has risen a lot, the value of the stocks he holds has doubled, and his assets have expanded.

After hearing this, Peter Thiel and Mark Zach immediately knelt on the ground, as if their heads had been chopped off, and looked at Wang Guanxi in shock.

This shit is too unbelievable, unimaginable.

Only then did Markzak realize that his acquaintance with Wang Guanxi was just the tip of the iceberg. If Peter Thiel had not revealed the news to his face, he would not have known that Wang Guanxi controlled so many banks and large companies!

There is a Macy's department store not far from his home, and he often goes shopping there.

And he had always driven a Ford.

These are all companies controlled by Wang Guanxi!

These are all Fortune 500 companies in the world.

Peter Thiel asked excitedly: Mr. Wang, how did you do it? I'm so curious, why do you have such a huge wealth at such a young age?

He just couldn't imagine how Wang Guanxi made so much money. Now with the economic crisis, the wealth of the rich has shrunk. Bill Gates's net worth is only 40 billion US dollars, and he is already the richest man in the world.

Wang Guanxi is worth more than 30 billion U.S. dollars. It is conceivable that his wealth must be close to the current richest man in the world.

Markzak asked with excitement on his face: Yeah, how did you do it? I have told the story of my entrepreneurship, you can also tell the story of your making money in the financial market.

His entrepreneurial story was quite difficult and very legendary, but Wang Guanxi's story was definitely even more legendary. He also really wanted to know how Wang Guanxi made money in the financial market.

In a short period of time, the net worth exceeded 30 billion US dollars. How did you do this?

Wang Guanxi smiled and said, Actually, I made my fortune during the economic crisis. At that time, I shorted the stocks of many listed companies, such as Fannie Mae, Lehman Brothers, American International Group, and Washington Mutual Bank. Among them, I shorted Lehman Brothers twice,

Mark Zucker and Peter Thiel were immediately impressed when they heard that Wang Guanxi shorted Fannie Mae, Lehman Brothers, American International Group, and Washington Mutual Bank during the financial crisis last year.

This is simply amazing.

You must know that the stock prices of these four financial giants fell to historical lows at that time, and Wang Guanxi was still shorting at historical lows. The risks of shorting were extremely high.

But Wang Guanxi took a huge risk to make a large short position, which is simply extraordinary courage.

If it were them, they would definitely not have the courage.

Markzak said: At that time, I used millions of dollars of my own spare money to buy the stocks of Lehman Brothers. As a result, Lehman Brothers went bankrupt and all the stocks I held turned into waste paper.

Peter Thiel also sighed and said: I used two million US dollars to buy Washington Mutual Bank at the bottom. The price at that time was 2 US dollars per share. I thought I could earn tens of millions of dollars after holding it for a few years. But it didn't happen. Think of the Bank of Washington also going bankrupt.”

Both of them bought Lehman Brothers and Washington Mutual last year. After all, they are century-old companies that have survived the Great Depression, two world wars, and the economic crisis of the 1980s. They both believe that Lehman Brothers and Washington Mutual are Washington Mutual wouldn't go bankrupt, but it went bankrupt anyway.

Wang Guanxi smiled and said: You two are just unlucky. If you buy the right bargains, such as Bear Stearns Bank and Wachovia Bank, you will make money. Before Wachovia Bank was acquired by Wells Fargo, I bought the U.S. dollar at the bottom. United Bank alone made more than $1 billion in profit.”

At that time, Wachovia Bank was shorted by Soros, and coupled with the impact of the financial crisis, the stock price plummeted to shit. Wang Guanxi bought a large sum of money at the bottom, and then lent 200 million shares to the Black Shirts Alliance for short selling.

In the end, Wells Fargo acquired Wachovia, and the stock price skyrocketed, making Wang Guanxi earn $1.09 billion. Looking back, it was really cool.

Mark Zucker suddenly said with envy: Wang, you are so courageous. When Wachovia Bank was in a major crisis and on the verge of bankruptcy, my wife sold Wachovia Bank shares at a very low position. Unexpectedly, Wachovia Bank Union Bank was acquired by Wells Fargo at a high price, and my wife lost a lot of money.”

Speaking of this, Mark Zucker said with admiration: Wang, your courage is really extraordinary. You actually bought Wachovia Bank with a large sum of money when it was on the verge of bankruptcy. Are you so sure that Wachovia Bank will not follow Ray's lead? Are Mann Brothers and Washington Mutual bankrupt?

Wang Guanxi said: At that time, the bankruptcy of Lehman Brothers and Washington Mutual Bank brought huge debts. The U.S. government certainly did not want Wachovia Bank to also go bankrupt and suffer more financial shocks, so it would definitely support other banks. Acquire Wachovia Bank and at the same time guarantee Wachovia Bank’s bad debts.”

After hearing this, Markzak took a deep breath and said: Wang, your vision, structure, and courage are really unparalleled. If people like you don't make money in the financial market, it's really against the law. That’s God’s fault.”

Peter Thiel also echoed: Mr. Wang, you are really a wizard among financial wizards. You have made so much money in a short period of time by relying on the financial crisis.

Wang Guanxi smiled and said: It's just good luck. After the financial crisis broke out, I continued to short Citibank, Wells Fargo, and Bank of America. I shorted twice in total and made money in both cases. Then I bought the bottom when the stock price was the lowest. , and made tens of billions of dollars.”

Mark Zucker and Peter Till immediately fell to their knees.

The stock prices of Wells Fargo, Citibank, and Bank of America Corporation continued to fall. Citibank and Bank of America received tens of billions of dollars in capital injections and were partly nationalized, and their stock prices fell miserably.

Wang Guanxi must have made a lot of money by shorting twice.

After shorting, then buy the bottom.

This is simply a god-like operation.

No wonder his net worth exceeds US$30 billion.

This was simply an operation beyond the reach of both of them.

When will they make so much money?

Wang, in this life, I have not accepted Bill Gates, but now I will accept you, Markzak said seriously.

Mr. Wang, me too, Peter Thiel also echoed. Mobile phone users value re-reading before the subprime mortgage crisis swept across the world for a better user experience.