Chapter 1857 Speed
FACEBOOK needs to make money.
If you don't make money, you will be dependent on Qin Feng's blood transfusions in the long run.
However, with the increase in costs in all aspects, it is no longer enough to rely solely on Qin Feng's personal blood transfusion.
Usually in this case, they will rely on financing from various venture capital banks and other investment banks.
Many companies will experience Duolun financing.
For example, Didi in later generations went through 19 rounds of financing.
There is no way, if you don’t raise money and burn money, you won’t be able to continue operating.
Especially, if you don’t have a fixed financial source of income, you can only continue to raise funds.
And this kind of financing, although it is a good thing to be able to raise money.
But when you reach a certain stage and raise funds to a certain level, you won’t be able to raise money anymore.
Because people are willing to invest in you to make money. They think your future is good.
But when your balloon blows up too big, and in the end, it is beyond control, and it may even burst at any time, that's not good.
Because everyone wants you to go public to cash out your profits. But if your stock price cannot afford so much financing after you go public, that would be bad.
At this time, those financiers will start to take action in advance.
It may even force you to be acquired in advance. Because when arbitrage cannot be achieved by listing, it will allow you to create a larger bubble to attract others to acquire it.
In short, Qin Feng is not willing to do such things as financing, because he does not want to be restricted.
What's more, the more financing, the more profits will be distributed.
Although it is said that sometimes one cannot make money alone. But there are some things that cannot be shared.
"I will find a way!" Qin Feng said.
"Well, I knew you had a way." Melissa smiled.
She doesn't need Qin Feng to intervene in other matters of the company.
Of course, Qin Feng also gave him absolute rights. This made Melissa very satisfied.
In particular, the company has just been established and there are no factions within the company. For Melissa, who is just starting out, it is naturally the best platform.
For example, Melissa's previous descendants were built as Silicon Valley's business card and Google's image spokesperson at Google. However, they were eventually promoted by Google, lost their rights, and became idle.
This is not because of her lack of ability, but because of factional struggles.
It is said that there are many mountains and factions in China. In fact, the same is true abroad.
As long as there are people, there will be rivers and lakes. Where there are rivers and lakes, there will be disputes.
All kinds of fights are inevitable.
But now, the Facebook led by Melissa does not have any factions. This is conducive to Melissa's control.
Qin Feng is also very happy with this. As for worrying about being ignored, that won't be a problem then.
After all, the equity is in the hands of Qin Feng. No matter how strong Melissa is, she is only a senior employee of the company. She is also a professional manager and senior president to the highest standards.
That's all.
Although he has great power, he cannot pose any threat to Qin Feng.
After all, this is a society governed by the rule of law, not a court. There will be situations where the person with the most merit overwhelms the leader.
Qin Feng left FACEBOOK headquarters.
This method of attracting financial resources is easy to say but difficult to do.
At present, Yahoo, the most successful company in modern times, is barely managing to be self-financing.
On our own side, it will be difficult to be responsible for our own profits and losses in the short term!
After all, before smartphones came out, many online companies either relied on memberships or games to make money.
As for pure advertising revenue, only a few companies can make a profit.
Most of the rest are unprofitable.
Although it is not profitable for the time being, everyone is optimistic about the future of the Internet. I believe that it will definitely be a profitable business in the future.
Qin Feng knocked on the table.
How is this currently profitable?
Especially the company is developing too fast now.
Qin Feng did not expect this.
Because Qin Feng is the first chairman of the Ivy League of America, FACEBOOK has become almost everyone's preferred communication method.
This has also allowed FACEBOOK’s monthly active users to exceed 10 million.
The number of registered users has exceeded 30 million.
And this happened in just three to four months.
Naturally, Qin Feng's Facebook currently employs 70 student employees from the original 7. Moreover, during this period, Melissa is also preparing to recruit 200 more people.
Moreover, within this year, we plan to expand the company's employees to 500.
And if its intelligent AI research plan goes well, Melissa will also plan to expand its recruitment by 500 people.
In other words, the number of employees in the entire company may exceed 1,500 this year.
Why is it expanding so fast? There is no way, FACEBOOK's influence is expanding too fast.
Naturally, more employees are needed to maintain operations, as well as develop and upgrade.
This naturally requires a large number of employees.
By then, just the salary will probably be a heavy burden.
If there are 2,000 people, then the annual salary of a student employee is 20,000 US dollars, which is 40 million US dollars per year.
However, Qin Feng’s previous salary offer to student employees was too high, with an annual salary of 100,000.
Salary expenses for that year were $100 million.
This also includes various other expenses, etc.
In short, the economic pressure is great.
Therefore, Melissa hopes to make a profit quickly.
Even if it is not completely profitable, it can at least make tens of millions of dollars a year to make up for the shortfall.
"Teacher, what are you thinking about?" In the room, Britney hugged Qin Feng from behind, tightly, and Qin Feng could feel the two plump balls behind him showing amazing elasticity.
"Hey, the company is growing too fast, how can we maintain it with a headache!" Qin Feng rubbed his temples.
"Hehe, teacher, don't think so much. I have good news for you!" Britney smiled, but in a blink of an eye, she shook her head, "It's not good news, but the finals of "American Idol" are about to begin.
I've got the tickets, let's go see it together then."
Qin Feng nodded. However, it is not difficult for him to get tickets for the finals. As the founder, he has it.
If you don't have any skills, you will naturally leave the best position for yourself.
This guy has always been like this.
No, the judge of the finals seems to be myself!
Qin Feng suddenly remembered that Tei Mupu had told himself that in the finals, he would be the main judge and then find two more to match him.
So, what tickets do you want?
Not needed at all.
"Ah? That's it. Then I'll watch it with Giselle." Britney said with a smile, "By the way, teacher, stop frowning. Look, if you want to frown again, that's it!"
"
Britney made a face and saw that Qin Feng was still a little frowning. Britney smiled and leaned down to hit little Qin Feng.
Chapter completed!