Chapter 471: LinkedIn's Series A financing
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March 5.
Today is the first day that LinkedIn has moved from Silicon Valley into the Seattle Wald Industrial Park. At the same time, there are only less than two days left before the third anniversary of the founding of LinkedIn.
At this moment, as many as twelve LinkedIn executives have gathered in the huge, brand-new conference room.
Jeff Weiner, the CEO of LinkedIn, one of the highest paid professional managers in the original time and space, is also sitting here.
However, the top position is vacant.
Because the protagonist of today's meeting is Zhu Ke!
"Mr. Weiner, I have to say that the new location of the company's headquarters is better than the original." R&D Director Morian Zila sighed.
"That's right."
Marketing Director George Wikast echoed: "When we were in Silicon Valley, we shared a building with Water World Animation. Yes, the Wald Building has eight floors and the area is not too small. However, Water World Animation is a world-renowned animation production company, with more than 300 employees in its headquarters alone. Well, there are many people on LinkedIn. We share a building, which is too crowded."
Water World Animation Company, a listed company on the US stock market, has a market value of more than 2 billion US dollars, which is much higher than LinkedIn’s valuation.
To be honest, LinkedIn is a little bit aggrieved in the face of Water World Animation in Silicon Valley.
Who makes you inferior to others?
"Haha, it's different now. After LinkedIn moved to the Seattle Wald Industrial Park, we occupied the best location in the first phase of the industrial park. An 8-story company main building and two 6-story administrative buildings Building, three 5-story buildings with various departments, um, there is also a 7-story R&D building."
Finance Director Damola smiled: "For now, our new headquarters at LinkedIn is large enough to accommodate 1,000 people at the same time, which is more than enough."
During the conversation, everyone's faces couldn't stop smiling.
Have no idea!
The facilities in all aspects of the company's new headquarters completely exceeded their psychological expectations. Every employee in the entire company Yamashita is very satisfied.
Even some employees who came to Seattle to work far away from their hometowns were extremely satisfied after the company paid a lot of relocation allowance.
"Boss!"
At this moment, all the executives in the conference room got up together, after all, the boss Zhuke is here!
Zhu Ke Dama sat on the head with a golden sword, and said straight to the point: "The company has just moved into the new headquarters, and you have a lot of work in your hands. I believe you don't want to spend your precious time here."
Hearing this, many people laughed.
Finance Director Damola: "It's still a boss that you understand me and long live. We moved into the new headquarters, and a large number of equipment purchases have just been put in place. Our finance department has been busy accounting recently."
Wei Long, one of the directors of the administration department: "Our administration department and the personnel department have been busy recruiting local graduates in Seattle recently. Time is not for me!"
Zhuke nodded and said, "I'm going to make a long story short."
The voice fell.
Everyone present, including CEO Jeff Weiner, had the spirit of twelve points.
"As of the end of February 2001, our LinkedIn company will officially usher in the first A round of financing and share expansion after the establishment of the company on the occasion of its third anniversary."
"According to "Fortune", "Times", "Bloomberg" and other professional financial magazines, including Goldman Sachs, Morgan and other professional investment banks, all have made different levels of professional evaluation of our LinkedIn company. Our current evaluation of LinkedIn company Value... 420 million US dollars!"
Zhu Ke looked around everyone.
420 million dollars!
In just 3 years, Zhu Ke invested as much as 100 million US dollars before and after, and achieved such excellent results!
Especially after the Internet bubble in the early 2000s, the LinkedIn company still stood up, but thrived. Looking at the emerging Internet companies, it is definitely a rare existence.
CEO Jeff Weiner immediately said: "If it hadn't been for the spread of the Internet bubble and cooling the market, our valuation of LinkedIn would definitely exceed $800 million."
The big wave of the Internet bubble did not completely pass through at the beginning of 2001, and many Internet companies are still suffering from a shortage of capital chains.
"Lack of liquidity...The same is true of our LinkedIn!"
Jeff Weiner solemnly said: "Everyone knows that our company's valuation is growing rapidly, but since the company was established only three years ago, our book has been in a state of loss, which makes us have to be cautious."
Loss, burn money, plan the number of users, expand visibility and influence...
All this is always a topic that Internet companies cannot avoid.
Without sufficient capital investment and strong support from allies, how to defeat the emerging online recruitment and online employment agencies on the market?
"well said."
Zhu Ke looked around and added: “Our LinkedIn company is the first batch of Internet job placement companies, and is currently the most influential and powerful company in online recruitment and online job placements. However, a large number of emerging companies Type companies are catching up, and if we don’t pay attention, we will be surpassed!"
The existence of peers, fierce competition, is indeed a huge pressure!
If you want to be the top spot in the industry, you must speed up development!
A round of financing is imminent!
.......
.......
A few days later.
The third anniversary of LinkedIn's establishment was held as scheduled.
A large number of local business leaders in Seattle have all arrived; many partners in Silicon Valley have also made a special trip;
Very lively!
On the third day after the third anniversary celebration, LinkedIn’s Series A financing attracted a large number of powerful companies and wealthy individuals.
In fact, long before the company announced its A round of financing, many bigwigs were eyeing the company.
For example, the owner of Amazon.com, Bei Bald, has proposed to Zhu Ke more than once when the LinkedIn company was founded less than half a year ago that he wanted to buy a stake in LinkedIn.
Similarly, there is also the Microsoft side!
In addition, Heidrick & Struggles, known as one of the "Top 5 Global Headhunters", also wanted to participate many times;
LinkedIn is like a sweet and sweet rhythm!
These companies that want to invest in ~www.wuxiaspot.com~ are all giant companies in various industries. They need money and money, and they need strength and strength.
However, we must also prevent the shop from bullying!
Especially Microsoft!
Throughout the course of history, Microsoft has invested in many companies, and then continued to increase investment, gradually diluting the shares of the founder’s management team, and turning it into a Microsoft subsidiary.
Microsoft is notorious!
Of course, Zhu Ke himself has also done things that kicked out the founder of the company and occupied other companies. For example, McAfee (anti-virus) company.
Others worry that Microsoft will occupy the magpie's nest, but Zhu Ke is not afraid!
Zhu Ke has the strength and is fully qualified to have an equal dialogue with Microsoft.
The second update of "" was sent, and the minister continued to open the third update.
