Know How to Be Grateful

Especially since the website's shareholding ratio Wang Ye mentioned would remain unchanged, and Sergei would not even need to put up any money this time. That was incredibly generous!

Under normal circumstances, Wang Ye held 80 percent of Facebook, while Sergei held 20 percent.

So if Wang Ye invested an additional 10 million US dollars in this second round of financing, Sergei would also need to contribute 2.5 million US dollars.

That was the only way to keep the website's ownership percentages unchanged.

If Sergei did not put up any money, his shares would have to be diluted and recalculated based on the website's current valuation.

His stake might directly shrink to 10 percent or even less!

So Sergei was quite surprised. He had never expected Wang Ye to be so generous.

But after hesitating again and again, he still shook his head and said:

"Mr. Mikhail, that wouldn't be appropriate. It was precisely because of your investment that Facebook was able to truly get started. Otherwise, even now, it would probably still be limited to Moscow University's campus network, with barely anyone knowing about it.

It was only with that 1 million US dollar investment that Facebook became properly established and rapidly grew stronger.

What's more, the lottery event you organized this time directly multiplied the website's popularity several times over.

I know very well that you have been using your own resources to support Facebook's development from behind the scenes.

In fact, you have done more for this company than I have!

During the first investment, I already got quite a bargain when it came to the shares.

Now, in the second round of financing, it really would be unjustifiable for me not to put up a single cent while keeping my shares from being diluted..."

Wang Ye