Chapter 685 The Helplessness of Venture Capitalists

Silicon Valley, Menlo Park Dunes Rd.

This is a very ordinary path. There are some undulating hills beside the road. There are some 2- and 3-story buildings that look a little bit historical. It is very 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, it is a golden place.

In the small buildings on both sides of this road that stretches for several miles, there are hundreds of venture capital companies, and they are in charge of more than 200 billion US dollars of funds.

Since the establishment of Intel, most of the high-tech companies in Silicon Valley have obtained much-needed funds here. Of course, they have also obtained high returns from these companies. Wall Street on the West Coast".

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

Stanford provides talent to Silicon Valley, and here, we provide financial support for that talent.

On another sunny morning, Sequoia Capital's partner, later known as the "Godfather of Venture Capital," Michael Moretz, known as one of the "Four Heavenly Kings" on Sand Hill Road, saw the secretary on the desk The prepared briefing, the first item is, "Google has agreed in principle to accept Feng Yiping's investment of 150 million US dollars, and plans to hire him as the strategic director,"

He immediately dialed John Doerr, a partner of KPCB, who invested in Google with him in 1999. "John, have you noticed the trend of Google?"

"I just saw that too, let's meet at lunch," John Doerr said.

"Okay, I'll ask the secretary to arrange it." Moritz hung up the phone, suddenly felt that the name Feng Yiping was familiar, not the book he had read, it seemed to be related to a project of the company in China, no, it seemed He also has a project in the United States that the company is very optimistic about.

Not long after, information about Yijia Express Hotel and Jiasheng Automobile Network was placed on his desk. Later, someone sent over information about the "NEXTDOOR" website that Sequoia had been following. Before lunch, about Jiasheng Group And more detailed Feng Yiping's personal information was also sent over.

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Google is going to introduce new investment. Although it has not been officially announced to the public, this news is not only known to investors, but also to many people in all aspects.

Although it is not as good as Apple, Yahoo, Amazon, HP and other giants at this time, Google, which is firmly sitting on the top spot in the North American search market, is already a rising star in Silicon Valley. focus on.

Page is the most relaxed. He is not sociable, or his temper is too lazy to talk nonsense. Everyone in the circle knows it, so there are relatively few people looking for him. This question is usually settled with two sentences, "I'm busy now, I don't want to talk about it,"

The only thing he took seriously and made him say a few more words was a call from Master Qiao who was busy with his busy schedule.

Since meeting for the first time, these two people with similar temperaments and similar experiences - one just ended exile not long ago, the other just started to accept exile. I saw myself when I was young, and one was on the other side, as if I saw myself many years later.

"A 22-year-old strategic director, are you sure?"

"I'm very sure, not mentioning his blue ocean strategy, Feng's understanding of the industry's prospects is more comprehensive, deeper, and more precise than mine. If possible, I hope you can meet him too. I believe that some of his views and viewpoints will definitely inspire you a lot.”

His long talk surprised Hierarch Qiao a little. How could this kid be so good at talking?

"Okay, I'll arrange a time,"

He made this call to express his concern. He understands Page's temperament, and no one can change what he has decided.

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

The hardest one was Schmidt.

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

Why? In fact, Sequoia and KPCB who asked this question are very clear, because Page and Brin firmly control the board of directors, and Schmidt can't stop what they decide.

Of course, even if they know the reason, they still have to say what should be said, after all, they chose Schmidt.

What Sequoia and KPCB are more worried about is that they hired a 22-year-old young man as the strategic director after they found them an excellent CEO. Let Schmidt actively deal with it.

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

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

The two companies that Jiaqiang is willing to attract foreign investment, whether it is Express Hotel or Automobile Network, are very good projects. The two of them resisted, and it doesn't matter if they don't invest. A lot of companies are rushing to invest.

Not to mention that Jiaqiang's new social networking site based on real communities in the United States has a good momentum of development and a very good prospect.

What makes them have no advantage is that, unlike those investors who come to their door with proposals, it seems that Jiaqiang is not short of money. The reason why they let go of these two projects and accept investment is also because they want to invest as soon as possible. Available in the US only.

Therefore, no matter what action is taken against Jiasheng or Feng Yiping at this time, firstly, it is really impossible to take any strong action; secondly, even if there is such an option, it seems that the gain outweighs the loss.

On the contrary, after analyzing Feng Yiping's experience, although he didn't say it clearly, the two of the four heavenly kings on Shaqiu Road are a little lucky. Fortunately, Feng Yiping is not engaged in venture capital business, otherwise, he is probably a strong competitor.

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

If an actuary can roughly calculate a person's lifetime income, then these outstanding venture capitalists can accurately predict a future achievement. No matter how you look at it, the future achievement of this Chinese boy is definitely Unlimited.

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

Dole shook his head with a wry smile, raised his glass and said, "Let's have a drink! For our good vision, we discovered Google, an excellent company; for Page's good vision, we discovered such an excellent Chinese boy; and for That Chinese boy with good vision is not our competitor,"

Moretz picked up his wine glass and touched Doerr, a competitor, "I'm not as optimistic as you. Tell me, will he set up an investment company by himself?"

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