Vol 3 Chapter 179: The helplessness of venture capitalists

Dune Road, Monroe Park, Silicon Valley. .しw0.

This is a very ordinary road. There are undulating hills on the side of the road. There are some small buildings with two or three floors that look a bit historical. It is quiet and ordinary.

In the eyes of the uninformed, this place will probably be regarded as a community with a bit of history, but in the eyes of the insider, this is a golden place.

The small buildings on both sides of this long stretch of road are densely packed with hundreds of venture capital companies, who collectively manage more than $200 billion in funds.

Since Intel was founded, most Silicon Valley high-tech companies have received much-needed funds here. Of course, they have also received high returns from these companies. Therefore, many people call this " Wall Street on the West Coast".

Like Stanford, it is also a pole of Silicon Valley.

Stanford provides talent for Silicon Valley, and here, it provides financial support for those talents.

On another sunny morning, a partner of Sequoia Capital, later known as the "Godfather of Venture Capital," Michael Moritz, who is now known as one of the "Four Kings" on Dune Road, saw the secretary on his desk. After finishing the briefing, the first article is, "Google has agreed in principle to accept Feng Yiping's 150 million US dollars investment, and plans to hire him as the director of strategy."

He immediately called another king, the company’s partner John Durr, who invested in Google with him in 1999, "John, have you noticed Google’s movements?"

"I just saw it too. Let's meet at lunch," John Durr said.

"Okay, I'll let the secretary arrange." Moritz, who hung up, suddenly felt that Feng Yiping's name was a bit familiar. It was not the book he had read. It seemed to be related to a company project in China. No, it seems He also has a very promising project in the United States.

Not long. The information about Yijia Express Hotel and Jiasheng Auto.com was placed on his desk. Later, someone sent the information from the "" website that Sequoia has been following. Before lunch, more detailed personal information about Jiasheng Group and Feng Yiping were also sent over.

…………

Google wants to introduce new investment, although it has not been officially announced, but this news. Not only investors know it, but many people also know everything.

Although not as big as Apple, Yahoo, Amazon, HP and other big names at this time, Google, which sits firmly on the top spot in the North American search market, is already a rising star in Silicon Valley. Some of its trends have naturally been affected by many. attention.

Page is the easiest. He is not good at socializing, or is too lazy to talk nonsense. Everyone knows it, so fewer people find him. The few phone calls he received, including those from Yahoo, were about this problem. It was usually settled in two sentences, "I’m busy now, I don’t want to talk about it."

The only thing to be careful, let him say a few more words. It was the call from Master Qiao who was busy.

Since the first meeting, these two people with similar personalities and similar experiences—one who ended his exile not long ago, and the other who just started accepting exile. Quite a bit of sympathy, similar in smell, one seems to be on the other person, seeing himself when he was young, and the other is on the other person, as if seeing himself years later.

"A 22-year-old strategic director. Are you sure?"

“I’m very sure. Without mentioning his blue ocean strategy, Feng’s prospects for the industry are more comprehensive, deeper and more precise than I know. If possible, I hope you can meet with him. I Believe that some of his views and opinions will definitely inspire you,"

This long talk of his made Master Qiao a little surprised. Does this kid actually have a time to say that?

"Well, I will arrange the time,"

When he made this call, he was actually expressing concern. He understood Peppa's temperament, and no one could change what he recognized.

Brin can't be as casual as Page. Investors, potential investors, affiliated companies, media, friends...all have to explain well. Now Google is not so good enough to care about these relationships.

The hardest thing is Schmidt.

The first thing he faced was pressure from the capital. Why did he accept such a large amount of new investment? Why did you agree to the position of strategic director?

why? In fact, Sequoia and He who asked this question were very clear, because Page and Brin firmly controlled the board of directors, Schmidt could not stop what they decided.

Of course, even if they know the reason, they still have to say what they should say, after all, Schmidt was their choice.

What is even more worrying about Sequoia and He is that they obviously found them a good one, but they actually hired a 22-year-old as the strategic director. This is obviously a power-sharing setting. They want Shi Mi Particularly actively respond.

In fact, both Moritz and Durr after the meeting knew that they really had nothing to do with Feng Yiping and Jiasheng.

The foundation of Feng Yiping and Jiasheng is in China, and they are very solid.

The two companies that Jiasheng is willing to absorb investment from abroad, whether it is the hotel or the car network, are very good projects. The two of them resist, and it does not matter if they do not invest. A lot of companies are rushing to invest.

Not to mention the newly-built social networking site of Jiasheng in the United States, based on real communities, has a good momentum of development and a very good prospect.

What makes them even less advantageous is that, unlike those investors who come to the door with a plan, it seems that Jiasheng is not short of money. The reason why these two projects are allowed to accept investment is also because they want to quickly Only listed in the United States.

Therefore, no matter what action is taken against Jiasheng or Feng Yiping at this time, it is really impossible to take any powerful action; second, even with such an option, it seems that it is not worth the gain.

On the contrary, after analyzing Feng Yiping’s experience, although he did not say clearly, these two of the four kings on Dune Road ~www.wuxiaspot.com~ are somewhat fortunate. Fortunately, Feng Yiping is not in the venture capital business. A strong competitor.

No way, judging from the information, this is a young man who has a good vision and is close to enchanting, and he also has a very good team, who can always turn his ideas into reality.

If an actuary can roughly calculate a person’s life’s income, then these outstanding venture capitalists can accurately predict a future achievement, no matter from which aspect, the future achievement of this young Chinese guy is definitely Unlimited.

From an economic point of view, it is obviously not a cost-effective thing to be an enemy of him.

Duer smiled bitterly and shook his head, held up his glass and said, "A toast! For our good eyes, I found Google, an excellent company; for Page and their eyes, I found such an excellent Chinese guy; That Chinese guy with a good vision is not our competitor."

Moritz picked up the wine glass and touched the competitor Doer, "I'm not as optimistic as you, do you think he will set up an investment company by himself?"

…………(To be continued.)