Chapter 659
Buchanan was very happy to welcome Feng Yiping and his parents-in-law at the airport. From the expression on his face, Feng Yiping could tell that NEXTDOOR must be developing well.
Sure enough, it was exactly as he thought, "We have established sub-stations in nearly half of New York's communities," Buchanan announced the good news as soon as they met.
Feng Yiping gave a thumbs up without hesitation, "Very good!"
"The government's support and statement have a great promotional effect,"
Of course, no matter which country you are in, the support of the government is very important, that is, it does not support or oppose it, and it does not set up additional obstacles to make it more difficult and does not make trouble.
"Hehe, this is mainly due to you," Feng Yiping said.
To be honest, only a person like Buchanan who knows many people and is good at dancing can do so in a short period of time.
"Boss, isn't that what you hired me to do?" Buchanan said with a smile.
It is impossible for everything to have only good aspects, and NEXTDOOR is no exception. In the office, Buchanan solemnly put a few business cards in front of Feng Yiping.
"What is this?" Feng Yiping flipped through the business cards. He was not familiar with the name of the company on these business cards, so he found it difficult to pronounce. When he turned to the fifth card, he finally came across a familiar name, "Intel Capital, Intel Capital?" He looked at Buchanan, who nodded.
Then flipped through, and the last one was familiar to him, and it was the only one he had ever heard of, Sequoia Capital.
"Are these all?" He reacted.
"Yes," Buchanan moved a chair and sat across from Feng Yiping. In order to communicate better, he even bent down.
"The top ten domestically ranked VCs basically sent their investment managers over for interviews, and some of the managing partners even called,"
Although this matter was a bit embarrassing, when Buchanan said it, he still couldn't hide the pride in his words.
In this cold winter of the Internet, their new project was so touted, which made him feel more at ease, who was somewhat uneasy at first, and spoke more confidently in front of his old colleagues and acquaintances.
"Funds, we shouldn't be short now, right?" Feng Yiping mused.
Why are these venture capital companies in the United States so sensitive?
"Currently, regardless of employee salaries or equipment, all costs are low, and the support of local governments has also helped us solve some of the problems, so although we have made great strides in the past two months, there are still funds in the account.
Moreover, in fact, lack of funds, we should also be able to use these existing high-quality assets to go to the bank for loans, and they will definitely welcome it. "
Both of them understand this truth, even if they don't get a loan, it's not a big problem, because Feng Yiping can still invest money in the company.
However, the two of them at this time did not behave easily, and Feng Yiping became as solemn as Buchanan.
"This family, Kleiner Perkins? How did they talk to you?" Feng Yiping asked Buchanan in detail, "Tell me carefully."
This kind of thing, they can't help being careless and careless.
In the United States, capital can be easily transformed into power, and capital itself is also a kind of power. It would be inappropriate if so many well-known venture capital firms approached them on their own initiative.
Adding up these venture capital investments, the amount of funds that can be mobilized is absolutely astronomical. Feng Yiping can't crush such an object yet.
Moreover, every well-known venture capital has a complicated network of relationships, and they are not as good as they want. There will definitely be troubles in the future, and maybe you will even be listed as a problem.
"For the NEXTDOOR project, we can say that we still have to work hard in all aspects. For example, we are still solving the profit model, so in the near future, in line with being responsible to investors, we have no plans to increase capital for the time being." Feng Yiping said.
Even though these words seem to be said from the perspective of the other party, Feng Yiping understands that if this is the only way, they must be offended completely.
For venture capital, such a time is actually the most suitable and promising, but the short-term profitability is average. Isn't it convenient for them to use the least amount of money to get the most shares?
“However, we have other companies with equally bright prospects for them to invest in,”
Feng Yiping talked about the two companies that are currently preparing to go public, Yijia Express Hotel and Jiasheng Automobile Website.
Listing on NASDAQ has clear requirements on the number of shareholders, and it is not easy for all of them to be inside the group, all of them are Chinese. Taking this opportunity, it is not bad to bring in some foreigners.
Moreover, these people have great powers in all aspects. If they are brought in, the stock may skyrocket as soon as it is listed.
"That's all there is to it,"
No one is willing to find another adoptive parent for a child who can be raised by one's own family, and the adoptive parents may make a counterattack, and instead lose your status as a biological parent-the cooperation between venture capital and enterprises began soon There are too many conflicts, and then the founder is kicked out of the company.
The essence of venture capital is to make money, and it is to make as much money as possible in the shortest possible time, making big money and making quick money. Simply put, all companies they invest in hope to be packaged and listed as soon as possible.
You expect him, like the founding team, to always think from the position of the company and the collective, and consider the long-term development of the company. How is that possible?
For them, making money is the last word. As for whether the company develops well after their funds are recovered, that is not the key.
It is better to provide them with these companies that are about to go public. There is no reason to sell them at a low price. At the same time, selling them well will also reduce the difficulty of going public and save trouble.
After the discussion on this matter came to an end, Buchanan seemed to have something to say, and he seemed a little hesitant, which is rare for a person like him.
"Is there still trouble?" Feng Yiping asked.
"I am very grateful to Yiping for the opportunity you provided me, which is very rare and perfect," Buchanan said seriously, "Through this opportunity, I have been able to have in-depth contact with many people, and the relationship with them now is better than before. It needs to be firm, and outsiders don’t know the details, they regard NEXTDOOR’s success as my credit, so now more people recognize me than before.”
Feng Yiping probably understood something.
Sure enough, Buchanan went on to say, "There are already many people who want me to return to the original circle of development and have made promises,"
"And you actually hope so in your heart, right?" Feng Yiping said, "It stands to reason that the company shouldn't delay you, but you also know that although the NEXTDOOR website is currently developing very well and has a good momentum, in fact And that's just the beginning.
You should also be clear that someone with your expertise and experience is also crucial to the success of this website, so for the time being, we are afraid that we will not agree,"
"I understand, I understand, I am not going to resign now," Buchanan said. I was afraid that it would be too abrupt to bring it up at that time, so I communicated with you in advance, "
"I'll let Boss Jin handle this matter," Feng Yiping was a little disappointed as he looked at Buchanan, who appeared to be more stable, confident, and more tense because of the bright future of the project he was handling. A talented person in the world, who knows his ambition or politics.
21 Actually, the most rare thing is talent.
ps: I wish you all a happy Lantern Festival!