Chapter 546 There are so many liars!

Every penny of a business is money.

Often the money of venture capital companies does not come from strong winds, and they will not easily finance a company.

Nowadays, many employees of Future Capital see the investment proposals sent by those companies. In their opinion, they are basically rubbish and deceitful.

According to the regulations, venture capital companies should do what they should do.

Preliminary screening: Based on the investment proposal submitted by the entrepreneur, the venture capital company conducts an initial review of the project and selects a few interested ones for further investigation.

The venture capital firm then spends approximately 6 to 10 weeks investigating the investment proposal to verify the accuracy of the materials submitted by the entrepreneur and unearth important information that may have been missed.

While understanding the investment project from all aspects, we will analyze the management, products, technology, market, finance and other aspects of the investment project based on the various information we have to make investment decisions.

Furthermore, looking for co-investors, some venture companies generally seek other investors to invest together.

This can not only increase the total amount of investment, but also diversify risks.

Negotiate investment conditions. Once the investors and SME financing parties reach a consensus on the key investment conditions of the project, the venture company, as the lead investor, will draft an "investment term sheet" and make a preliminary investment commitment to the entrepreneur.

For the final transaction, as long as the facts are clear and the transaction conditions and details are agreed upon, both parties can sign the final transaction documents and the investment will take effect.

Back and forth, the fastest may be half a month, the slow may be half a year, even a year, or several years. Even, some venture capital companies may have signed the contract and find out that the company has deceived the venture company, and it is very possible to cancel the financing directly.

This time it was mainly due to Future Capital's huge financing of Pingguo Company, which aroused the interest of many technology companies in Silicon Valley, and even in Europe and the United States, so much so that many companies now immediately sent their investment proposals.

In fact, they also want to try their luck.

Now it is too difficult for Silicon Valley and even M country to raise funds.

Yuan Tianfan was busy until late at night.

Driving back to Connor Manor that day.

He thought the boss had taken a break, so when he got out of the car, he learned that the boss was still waiting for him.

Yuan Tianfan was taken to the study by Lin Dezhong.

"boss."

"How is the company?"

"Many people have seen those newspaper reports about Future Capital's huge financing of Pingguo Company, and many companies want to try their luck. We have received hundreds of investment proposals today, and our staff have already classified and evaluated them. "

"You have someone send those materials to me tomorrow."

"Boss, that's a lot of information."

"Just send me some simple information about the company."

Yang Ming still remembers many of the famous companies in Silicon Valley. In his previous life, he and his mentor co-wrote the history of global science and technology, and he knew the development of Silicon Valley very well.

If a scammer wants to defraud him of financing, it is simply impossible.

Yuan Tianfan wrote it down.

Yuan Tianfan went back to rest.

Yang Ming is still in the study.

. . .

Have a night's rest.

Early the next day.

After Yang Ming got up.

Here at Connor Manor, take a walk.

Conner Manor has an outdoor swimming pool.

It was impossible for Yang Ming to swim at the risk of catching a cold when the weather was still so cold in the morning.

In addition, you can also take a walk in this manor and breathe the fresh air outside.

Azhu, Zhong Chuhong, Lin Xiuzhi and others were following.

However, He Chaoluo had already returned to school on Monday.

8:00 am.

After Yang Ming finished breakfast, he went back to the study.

. . .

In the afternoon.

Yuan Tianfan and Langdon came over. They sent over a lot of information about the companies that wanted to raise funds, a thick stack.

These have been sorted out, and there may be more that have not been sorted out.

Yang Ming asked them to send those materials to his study.

Yang Ming spent the afternoon reading in the study.

He found that there were many companies here, basically, they were all related to computers, semiconductors, etc.

None of these company names were familiar to him.

Although some companies have different names after they are established and later after they go public, they may have changed their names during the period, but I really don’t recognize them now.

In addition, Yang Ming did not know the founders of these companies.

In other words, the companies founded by these people either failed midway, or had no chance of development at all. In other words, even if they were given the opportunity to raise funds, they would only be giving away money in vain.

Yang Ming was not interested in these.

When he looked through a company called Relational Software Company, also known as RSI.

When he saw that the founders above were none other than Ellison and Robert, Yang Ming already knew who this company was.

It is the predecessor of Oracle.

However, it was called Oracle at first, and after moving to Silicon Valley, it was also called a relational software company.

The founders were Ellison and Robert Edwards.

Yang Ming was waiting for these three people to arrive. They were impatient and submitted an investment proposal to Future Capital. It said about the future prospects of this company and so on.

Now this company only has one order, and it is from the military, but it is suffering a huge loss.

In this case, if it is not supported by other financing or more orders, it can only go bankrupt.

Judging from this information, Ellison seems to be really anxious.

Yang remembered it.

That night.

Yuan Tianfan came back from get off work.

Today Future Capital received more investment proposals. However, after seeing it, both he and Langdon felt that those people were here to cheat money.

There are a lot of scammers in country M. When country M has developed to this extent, there are endless scammers. As for them wanting to obtain financing from Future Capital, it is just a way for them to legally deceive.

It is precisely because of that that the venture capital companies in country M are very cautious, and they do not dare or cannot rashly provide venture capital to those companies.

"Boss, there are more people sending investment proposals to our Future Capital Company today. They think our Future Capital really has too much money."

Yuan Tianfan said helplessly.

Yang Ming smiled and said: "This is normal. In country M, everyone desires wealth and financial freedom. However, this can only be achieved by those who are lucky or have strength. I will give you the information books you sent back this afternoon. After reading it, I am more interested in one of the companies.”

"Boss, what company?"

Yang Ming took out the company information.

It's RSI, the relational software company.

In 1977, Ellison and his colleague Robert founded the "Software Development Laboratory". At that time, IBM published a paper on "relational databases", and Ellison used this to create a new database called Oracle.

In 1978, the company moved to Silicon Valley and changed its name to "Relational Software, Inc." (RSI).

RSI released a commercial ORACLE product that can be used on DEC's PDP-11 computer in the summer of 1979. This database product integrates a relatively complete SQL implementation, including subqueries, joins and other features.

The military of Country M wanted to buy a set of such software to meet their needs, but after consulting IBM, they found that IBM had no commercial products available, so they contacted RSI.

So RSI finally got its first customer.

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