Chapter 687 YouTube

More than a month ago, Jin Jingcheng calculated the liquidity he could use, including the amount of Facebook's personal account, a total of more than 70 million US dollars, from this money, Jin Jingcheng mobilized 40 million US dollars to become a shareholder and director of the Guidu Rami Group, that is, Jin Jingcheng had more than 30 million US dollars of liquidity left at that time.

However, in the past month or so, Jin Jingcheng's personal liquidity has increased a lot, not only the income from various businesses, but also the profits of "Sad Movie" have also been recorded, which together make Jin Jingcheng's liquidity become 37 million US dollars.

In addition to the $37 million, Jin Jingcheng recently added a lot of liquidity, reaching $100 million!

The $100 million was not earned by Jin Jingcheng, but by his mortgage.

At the behest of Mr. Kim and under Mr. José's supervision, Mr. Kim recently pledged his 5 percent stake in Facebook and took out a $100 million loan.

Back then, when Kim founded Facebook, he was 50% owned by Mark and 10% by José and Tony because he provided the idea and overall planning, and also undertook all the funding, Mark held 30% of the shares, Jose and Tony each held 10% of the shares, and Jose was in charge of the legal business and overseeing the performance of the company, including Mark and Tony.

The position arrangement is that Jin Jingcheng is the chairman and the big boss behind the scenes, Mark is the CEO, Tony is the president who assists the CEO, Jose's authority is somewhat special and complex, but it is definitely not small, if you use an analogy, he is not only Facebook's weapon in law, but also a weapon that Jin Jingcheng has placed in the company.

Jin Jingcheng knew for a long time that the original share distribution was only initial. In the future, with the continuous development and supplementary expansion of Facebook, the shares will definitely continue to disperse and change, but Jin Jingcheng is confident that he will maintain his position as the largest shareholder and chairman.

For now, Mark and Tony's shares have changed slightly, but neither Kim nor Jose's have changed, and Kim has maintained a 50% stake. José has maintained a 10% stake.

This is the first time that Jin Jingcheng has used his shares in Facebook, and it is not a transfer, but a temporary misappropriation of 5% of the shares to mortgage $100 million, with the rapid development of Facebook now, according to Jin Jingcheng's assessment, the loan will be paid off in the next year, and the 5% of the shares will still be his.

Even if he mortgaged 5% of the shares this time, Jin Jingcheng still firmly controlled 45% of the shares, and he was loyal enough to Jin Jingcheng to make Jin Jingcheng trust Jose enough. He also controls 10% of the shares, and the two together are 55% of the shares, and no one can move Jin Chengcheng's status in Facebook in this year.

This time he will mortgage 5% of the shares, Jin Jingcheng has a purpose, and investing in "Transformers" is only a small aspect, mainly for a website called YouTube. Jin Jingcheng's so-called "to develop another majestic blueprint in his career" is to make a big expansion of his career in the United States, mainly because of YouTube!

……

Valentine's Day 2005. At the beginning of this year, YouTube was officially launched. Founded by 3 former PayPal employees, including Chad Hewley, Chen Shijun and Judd Karim.

At that time, Chen Shijun and Heley, who were unemployed and in debt, came up with an online audio-visual sharing plan in a garage and enlisted Karim's help, and YouTube was born, which was originally created to make it easier for friends to share video clips, and later became a repository of memories and a place for netizens to publish their works.

23 April 2005. The first YouTube video, uploaded by Karim, is only 19 seconds long, in which Karim stands in front of an elephant at the San Diego Zoo in California and says, "These guys have a good look, a long and long, uh, nose. It's cool. ”

Although it has only been more than 7 months since this video was uploaded, YouTube has grown to a considerable scale, which can be described as a rapid development.

In fact, Jin Jingcheng wanted to win YouTube for a long time, and he also thought about finding Heley, Chen Shijun, and Karim to co-found YouTube in advance, but at that time, Jin Jingcheng's personnel and funds were really limited, and the other three were different from the original Mark, so it was difficult to get it.

In addition, Jin Jingcheng's time and energy are really limited, and more time and energy were focused on Facebook at that time, although Jin Jingcheng knew that YouTube would be very good in the future, but it was still much worse than Facebook, and YouTube was different from Facebook, as far as Jin Jingcheng knew, YouTube would never be profitable even after a few years.

So Jin Jingcheng didn't find Heley, Chen Shijun, and Karim to co-found YouTube in advance.

But Jin Jingcheng will not let go of YouTube, and he plans to make a move at the most suitable time!

For this reason, Jin Jingcheng has long asked Jose as his representative, that is, the representative of Facebook, to keep in touch with Heley, Chen Shijun, and Karim, and provide some help to the three.

This is what Jin Jingcheng called in his control!

And now, it is the most suitable time for Jin Jingcheng to make a move!

Because the development of YouTube has reached a big bottleneck, mainly in the founders Heley, Chen Shijun, and Karim, because YouTube is not very profitable, and the three of them have little funds, if they want to ensure the rapid development of YouTube, they need a lot of financial support.

This is just like the previous Facebook, when developing Facebook before, Jin Jingcheng injected capital several times and used enough funds to protect it.

Jin Jingcheng, who has been following YouTube and the three founders, saw this bottleneck a month ago, so he asked Jose to immediately contact the three founders and propose the purpose of his capital injection.

Because Jin Jingcheng and Jose have been in contact with the three for a long time and provided some help, plus YouTube is really in urgent need of a large capital injection at the moment, in the end, the three founders agreed to let Jin Jingcheng, the big boss behind Facebook, inject capital.

In the past month, Jose has negotiated with the three of them on behalf of Jin Jingcheng many times, and the capital injection plan has been basically finalized.

This time, Jin Jingcheng came to the United States to finally confirm with the other party that he had invested in YouTube, and the lawyers of both parties also jointly drafted the contract.

……

On the afternoon of December 5, when Jin Jingcheng signed a contract with Spielberg and others to cooperate in "Transformers", he took Shen Lan, Liu Minjian, Jose, and Nikolai to a five-star hotel in Los Angeles for dinner, which was equivalent to celebrating the success of the investment.

After the dinner, Jin Jingcheng gave Professor Nikolai a check, which had a lot of money on it, because Professor Nikolai was a great help this time, and DreamWorks and Paramount Pictures would be willing to let JJC Entertainment Studios invest 20%, partly for the sake of Professor Nikolai's face, Professor Nikolai also used some connections and consumed some important favors.

This kind of busyness is no better than the previous Professor Nikolai helped shoot the promotional video of the English mini selection album, when the promotional film was filmed before, Jin Jingcheng did not pay Professor Nikolai, because he didn't need it, Professor Nikolai was a friendly help, as Jin Jingcheng's mentor, he couldn't ask for such a reward.

This time was different.

This time Nikolai was not polite, and accepted the check given by Jin Jingcheng, when Jin Jingcheng asked him to help match "Transformers", he promised to give him a lot of remuneration, otherwise even if Jin Jingcheng was Nikolai's protégé, Nikolai would not spend so much time, energy and relationships to help him.

And that night, Jin Jingcheng took Jose, escorted by several bodyguards, and drove to San Bruno, where YouTube is now headquartered in San Bruno, California, not far from Los Angeles.

Shin Lan and Liu Minjian did not follow, and the two would rest for a night in Los Angeles and fly back to Seoul, South Korea the next day. (To be continued.) )