What Wang Ye said about maintaining the website's share ratio without requiring any money from Sergei, that's incredibly generous!
Normally, for Facebook, Wang Ye owns 80% of the shares, while Sergei owns 20%.
So, for this second financing round, if Wang Ye increases the investment by 10 million, Sergei would need to contribute 2.5 million US dollars.
Only then can the shares of the website be kept unchanged.
If Sergei doesn't contribute, he would have to dilute his shares and recalculate based on the current valuation of the website.
Perhaps, his share ratio may directly shrink to 10% or even less!
Therefore, Sergei was very surprised, he had no idea Wang Ye would be so generous.
However, after hesitating, he shook his head and said:
"Mr. Mikhail, this is not appropriate. Without your investment, Facebook wouldn't have really taken off. Otherwise, I imagine we'd still be confined to the Moscow University Campus Network with not many people even knowing about it.
