Ch. 341Rejecting Investment
Irene rejected Microsoft's $300 million investment in Facebook and chose to preserve her ownership while pursuing a gradual acquisition of Marvel. She directed Facebook to focus on its IPO and told Lisa to prioritize publishing Twilight and Taken.
- Chen Shiyu told Irene that Microsoft offered $300 million for 10% of Facebook, while Zuckerberg favored accepting the investment.
- Jean Williams and Qin explained the IPO valuation, Irene's possible cash-out, and ways to acquire a controlling stake in Marvel without buying the entire company.
- Irene decided to reject Microsoft's offer and quietly accumulate Marvel shares, aiming to use 30% of Facebook's IPO proceeds to acquire a 20% controlling stake.
- Irene told Chen Shiyu to have Zuckerberg focus on Facebook's IPO and called Lisa to prioritize publishing Twilight and Taken.