Return to Singapore 1995

Chapter 171 The Boss Suddenly Visits

Li Xiaofan smiled and said, "I don't have that much money, but I am forced to do this to scare the tiger!"

Tang Xinyi was puzzled: "I don't quite understand, can you be more straightforward?"

Li Xiaofan explained: "The history of Sequoia Capital mentioned by Jerry Yang just now is about the same age as us. It has been established for more than 20 years. Whether it is the scale of investment or the resources and experience it has, it is second to none in the industry. A small company like us can't compete with it at all! Therefore, we have to find another way and offer some more attractive conditions to Jerry Yang. I guess Moritz of Sequoia Capital will definitely not accept our conditions. My current strategy is to force them to sit down and negotiate with us!"

Tang Xinyi still didn't quite understand: "Even if we sit down, What if we come down to talk? I was almost vomiting in the RV office of Yahoo just now. I feel that the management of this company is very bad. Even the most basic personal hygiene and office cleaning are not in place. Can this company succeed? I am very skeptical! "

Li Xiaofan laughed: "Haha, Xinyi, these are not important. What is important is that their Yahoo company has the Internet search engine technology recognized by netizens all over the world, and the crazy enthusiasm and focus on technology of their two founders. I bet that their company will be very successful!"

"Fan, I am still very skeptical!"

After leaving Stanford University, the two went to visit the Fisherman's Wharf from Ghirardelli Square to Pier 35 in the northern waters of San Francisco, bought some souvenirs and food, and then returned to the hotel.

After returning to the room, the two were full of passion again, hugged each other and went to the bathroom to take a rose bath together.

Then they tossed and turned on the bed for a long time...

Until the two were exhausted.

Youth is good, you can squander endless energy and sweat!

When the two were taking a nap in bed, Li Xiaofan's cell phone rang. It was an unfamiliar local landline number.

"Hello, who is this?"

"Mr. Li, hello, I'm Jerry Yang from Yahoo..."

It was Jerry Yang calling.

"Hi, Mr. Yang!"

"Mr. Li, after you left, I called Mr. Moritz of Sequoia Capital to communicate. Mr. Moritz may be a little surprised by the conditions you proposed. He wants to invite you to have a cup of coffee and chat in the evening. Are you free?"

"Sure, I'm free. It depends on whether Mr. Moritz is convenient!"

"So, can we meet at the lobby bar of the Fairmont Hotel where you are staying at eight o'clock tonight?"

"Sure, no problem, then meet in the lobby of our hotel at eight o'clock in the evening!"

After hanging up the phone, Li Xiaofan hurriedly urged Tang Xinyi to get up and change clothes: "Xinyi, Moritz of Sequoia Capital and Jerry Yang of Yahoo want to invite me for coffee in the evening. We have to go to your second sister's place early now, and we have to rush back before eight o'clock!"

After the two of them finished washing, they hurriedly took the gifts for Tang Zixin and her husband and nephew and rushed to Tangyuan Chinese Restaurant.

When they arrived, it was already past six in the evening. The restaurant was very busy and people had already started queuing up.

In the hotel, they met Tang Xinyi's second brother-in-law Liu Hangui and nephew Liu Ziying.

Tang Zixin had prepared a table of sumptuous food and wine for the two of them, and separated them with a screen in a quiet corner by the window.

It is generally rare to find a private room in a foreign restaurant. Foreigners usually have gatherings at home, and go to the restaurant for the atmosphere or just for the sake of eating. In mainland China, people often go to the restaurant for gatherings. This is a cultural difference.

In San Francisco, where every inch of land is valuable, few restaurants have private rooms. The Chinese here are also used to eating together in the hall, which is lively!

At about 7:30, the dishes were not served yet, and the two hurried back to the hotel. Before leaving, they were scolded by their second sister Tang Zixin. Tang Xinyi and Li Xiaofan kept apologizing and made an appointment to visit their home the next day.

After Li Xiaofan parked the car, he ran into Yang Zhiyuan and Moritz when he entered the hotel lobby with Tang Xinyi.

The four entered the hotel lobby at almost the same time, which was a coincidence.

After Yang Zhiyuan introduced everyone to each other, the four of them found a quiet window seat in the lobby bar and sat down.

It was a little different from what he saw in his speech at Tsinghua University in his previous life. Moritz was still very young at the moment. He looked about 40 years old. He was a little thin, with a bright forehead and bright eyes. He looked very energetic.

But he was elegant and polite, like a modest university professor.

Everyone sat down, ordered coffee, and exchanged business cards after a few pleasantries.

When Moritz knew that Li Xiaofan and Tang Xinyi were both from Singapore, he said happily: "Singapore is a beautiful country, a very beautiful and clean garden city, the national literacy is also very good, and everyone can speak English! It feels like a great place, which makes me feel comfortable working and living there. I like Singapore very much!"

"Mr. Moritz, have you been to Singapore?" Tang Xinyi asked curiously.

Moritz smiled and replied, "Well, I went to Singapore quite often for a while because I invested in the first project in my professional investment career there: Flextronics! Do you know Flextronics Singapore?"

Tang Xinyi shook her head.

Li Xiaofan answered: "Mr. Moritz, I know about this project. Flextronics is a world-renowned EMS provider of professional electronic manufacturing services and was once my customer..."

Flextronics set up a factory in Singapore in 1981, becoming the first American manufacturer to go abroad and set up factories overseas. Today, Flextronics is already a world-renowned EMS provider of professional electronic manufacturing services.

"Oh, Mr. Li, do you know about the professional electronic manufacturing service EMS industry?" Moritz was a little surprised.

Flextronics projects and electronic professional manufacturing services EMS, OEM, ODM industries and other fields happen to be what Li Xiaofan is most familiar with, and he has been involved in this industry in his previous life.

After having a common topic, Li Xiaofan and Moritz had a very pleasant conversation.

Different from the humble science and engineering man Yang Zhiyuan, the Chinese young man from Singapore in front of him spoke fluent English, rich professional knowledge, and good conversation. Moritz could not help but admire Li Xiaofan with admiration.

Moritz was born in Wales, England, and graduated from Oxford University with a bachelor's degree in history. Later, he went to the Wharton School of Business in the United States to study abroad and obtain an MBA degree. Unusually, after graduating from business school, he did not engage in direct business activities immediately, but became a reporter for Time Magazine.

Since the 1980s, Moritz has maintained long-term attention and close contact with Apple and its founder Steve Jobs. He has written a large number of relevant reports and articles, and became the head of the Los Angeles reporter station of Time Magazine, leading the weekly's reporting. Coverage and tracking of Silicon Valley and the technology industry in the United States. He was the first person to write official biographies of Apple and Steve Jobs.

A long career as a journalist allowed Moritz to develop keen insights and unique mining power, and established extensive contacts and connections with the American technology and venture capital circles. Later, he was favored by Valentine, the founder of Sequoia Capital. . After a short period of entrepreneurship and cashing out, Moritz joined Sequoia Capital and began a dazzling investment career.

The projects he later successfully invested in include Google, Yahoo!, PayPal, YouTube, eToys, Zappos and a large number of world-class projects, which have a huge influence in the global investment industry...

Flextronics was Moritz's first successful project in the investment industry. In 1993, Moritz relied on his excellent observation skills developed over many years as a journalist to see the trend of personal computer manufacturers gradually outsourcing their business. Later, he made a decisive investment in Flextronics, an electronic EMS manufacturer headquartered in Singapore. The next year, Flextronics invested in Nasdaq. Ke successfully went public and later gradually grew into a Fortune 500 company.

Moritz's first investment in Flextronics helped Sequoia Capital achieve great success and returns.

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