As early as the first time he met Larry Ellison, Zheng Yan became interested in Oracle, but because he knew that Oracle would have a major change this year, Zheng Yan put aside the matter of investing in Oracle for the time being. Now that I see Larry Allison again, I can tell from his expression that Oracle is in a difficult situation.

"Larry, long time no see. ”

"Zheng Yan, long time no see. I already know about the Cisco listing today, congratulations. Larry Ellison raised the wine glass in his hand and said to Zheng Yan.

"Thank you, but thank you for turning down Leonard's cooperation in the first place, otherwise I would have missed this opportunity. ”

If it weren't for Larry Ellison, Zheng Yan might not say that, because it is easy to be mistaken for a provocation, but Zheng Yan believes that Larry Ellison will not. Larry Ellison's madness is engraved in his bones, and he doesn't mind admitting his defeat.

"It's okay if you don't say this, but I'm even sadder when I talk about this, look at Cisco today, I have to admit that I made a wrong decision at the beginning. ”

Although there is some regret in Larry Ellison's words, there is not much regret.

"By the way, Zheng Yan, I just came in and heard about the bet you made with Barty Morris, and I also think that Barty Morris is too arrogant and very annoying. Speaking of which, I also hope that you can take the opportunity to teach him a lesson, but is it too risky to bet on oil futures?"

Larry Allison talks about Barty Morris's arrogance, but completely ignores what others say about him, and in the eyes of most people, he is far more arrogant than Barty Morris 10,000 times.

"Don't worry, friend, you're going to see Batty Morris taught a lesson. I have invested $12 billion in the oil futures market this time, how dare I make such a big bet if I don't have a certain certainty?"

Among the people present, except for Zheng Yan and Miyuki Aso, only Bill Miller, who was in charge of this matter, knew how much money Zheng Yan had invested, and everyone else was shocked by Zheng Yan's words.

"Oh Zheng Yan, I really didn't expect you to be so crazy, and what I didn't expect was that you were so rich. It seems that the Forbes list is not accurate, at least they ignore your existence. ”

Although the Forbes list has not been around for a long time, it has been widely known, but Zheng Yan knows that there are countless people who have been overlooked, and as for himself, most of his assets come from investments in the Japanese stock market, and almost no one knows.

"I think you're mistaken, the money doesn't belong to me, but to the private equity fund in my name. ”

Although his assets can also be on the Forbes list, Zheng Yan didn't want to be in the limelight, so he quickly explained.

"Zheng Yan, even if this money does not belong to you personally, but presumably your personal assets are also very amazing, I wonder if you have any ideas to invest in Oracle?"

Larry Ellison had come to the dinner with a purpose, and now he took the opportunity to bring it up.

"Yes, Zheng Yan, Larry came to the dinner today, on the one hand, to congratulate our Cisco listing, and on the other hand, Oracle is currently facing a difficult situation, and he wants to find an investor. I know you've always been interested in the Internet industry, and we're still friends, so I thought you could talk about it. ”

is also engaged in the Internet industry, Leonard also knows a little about Oracle, plus he has a good personal relationship with Larry Ellison, so Larry Ellison did not hide Leonard. Seeing that Larry Ellison took the initiative to mention it, Leonard also helped to say something.

Before Larry Ellison came here, he knew that there would be countless investors on the scene, but he didn't expect to meet Zheng Yan. Thinking about the financing negotiation between Zheng Yan and Leonard, Zheng Yan gave a financing price that seemed completely impossible to him, so he concluded in his heart that Zheng Yan had an extraordinary interest in the Internet industry. So before meeting other investors, I found Zheng Yan first.

"Okay Leonard, Larry and I are friends, so you don't have to pull the strings out of it. ”

"Larry, let's talk about it, I'm still interested in investing in Oracle if the price is right. ”

As early as the last time they met, Zheng Yan asked Miyuki Aso to start paying attention to the situation of Oracle, and when he left the NASDAQ exchange today, Zheng Yan inadvertently saw Oracle's stock price, which has shrunk a lot compared to before. Although it still didn't meet Zheng Yan's psychological expectations, if Larry Ellison's share was enough, Zheng Yan wouldn't mind entering early.

"Zheng Yan, I won't hide it from you, this year, because Oracle has accelerated the pace of expansion and developed more countries at the same time, there are some problems with funding at present. Therefore, the company decided to carry out another wave of external financing, and the company sold 12% of the shares, raising 300 million US dollars. ”

After Larry Ellison finished speaking, he stared at Zheng Yan with burning eyes, he knew very well that the price he offered was higher than the current value of Oracle, and he didn't expect Zheng Yan to agree, he just wanted to test Zheng Yan's attitude.

Zheng Yan was very excited about Oracle's 12% stake, but was not very satisfied with the price given by Larry Ellison. The reason why it was financed at a price far exceeding Cisco's market value was because Zheng Yan was not sure whether there would be such an opportunity in the future, but now Oracle is in an unprecedented predicament, and it is not difficult to buy Oracle's shares, and Oracle's market value will continue to fall, and he can get Oracle's shares at a lower price.

"Larry, I'll admit that Oracle is a company with a lot of potential, and I'm very interested. However, as I understand it, Oracle had zero earnings in the first two quarters, and not only that, but also a certain loss. ”

"I don't know if you've taken steps against it, and I don't know what the company is doing now, but from what I know so far, it's risky to invest in Oracle right now, and 12 percent of Oracle's shares aren't worth $300 million. ”

Although the offer of 300 million US dollars is very watery, in Zheng Yan's view, it is not unacceptable. But Zheng Yan understands that if he agrees too happily, after the company's situation improves, Larry Ellison will inevitably feel unhappy, feeling that he has expected this situation a long time ago.

On the other hand, if you say that this investment is extremely risky, when the company's situation improves, everyone will only admire your investment vision and will not think of anything else.