Chapter 179: The Helplessness of Venture Capitalists

Silicon Valley, Dune Road, Monroe Park.

It's a very ordinary path, with some undulating hills and some 2- or 3-storey buildings that look a little bit of history scattered on it, very quiet and ordinary.

To the uninitiated, it would probably be considered a community with a bit of history, but in the eyes of those in the know, it is a place of golden light.

The miles of road are lined with hundreds of venture capital firms, which together manage more than $200 billion in money.

Since the founding of Intel, the vast majority of Silicon Valley high-tech companies have received much-needed funding here, and of course, they have also received high returns from these companies, so many people call this "Wall Street on the West Coast".

Like Stanford, it is a pole of Silicon Valley.

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

On another sunny morning, Michael Moretz, a partner at Sequoia Capital, later known as the "Godfather of Venture Capital," saw the briefing prepared by the secretary on his desk, and the first thing he said was that "Google has agreed in principle to accept Feng Yiping's $150 million investment and intends to hire him as the strategy director,"

He immediately dialed another king, KP announced it outside the ←, but this news is not only known to investors, but also in all aspects. Many people also know about it.

Although it is not as good as Apple, Yahoo, Amazon, HP and other bigwigs at this time, Google, which is firmly in the top spot in the North American search market, is already a rising star in Silicon Valley, and some of its movements have naturally attracted much attention.

Paige is the most relaxed, he is not socially good, or rather has a temper that is too lazy to talk nonsense. Everyone in the circle knows it, so there are fewer people looking for him. The few phone calls he received, including Yahoo's, were usually done in two sentences when they heard that it was a problem, "I'm busy right now, I don't want to talk about it." ”

The only thing that made him say a few more words was a call from Sect Master Qiao, who was busy.

Since the first meeting, these two men of similar temperament and experience have also been similar - one has only recently ended his exile. One just started to accept exile, quite a bit of sympathy, the same smell, one seems to be in the other party, seeing the young self, and the other is in the other party, as if seeing the self many years later.

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

"I'm very sure, not to mention his blue ocean strategy, Feng's understanding of the prospects of the industry is more comprehensive, more profound, and more accurate than mine, if you can, I hope you can also meet him, I believe that some of his views and views will definitely inspire you a lot,"

His long talk made Sect Leader Qiao a little surprised, this kid actually had such a time to speak?

"Okay, I'll schedule the time,"

When he made this call, he was actually just expressing concern, he understood Paige's character, and no one could change what he had decided.

Brin can't be as casual as Page, investors, potential investors, affiliates, media, friends...... , have to explain well, the current Google, has not been good enough not to care about these relationships.

The hardest is Schmidt.

The first thing he faced was the pressure from the capital, why did he accept such a large amount of new investment, and why did he agree to create the position of strategy director?

Actually, Sequoia and KPCB who asked this question were very clear, because Page and Brin were firmly in control of the board, and Schmidt couldn't stop what they decided.

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

Sequoia and KPCB are more worried that they have found an excellent CEO, but they actually hired a 22-year-old young man as a strategy director, which is obviously a setting to thin the CEO's power, and they want Schmidt to deal with it positively.

In fact, after the meeting, Moretz and Durr knew that they really didn't have much to do with Feng Yiping and Jiasheng.

Feng Yiping and Jiasheng's foundation is in China, and it is very solid.

Jiasheng is now willing to absorb foreign investment of the two companies, whether it is express hotel or car network, are very good projects, they two resist, it doesn't matter if they don't invest, a large number of companies rush to invest.

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

What's even more important for them is that, unlike those investors who come to the door with a plan, it seems that Jiasheng is actually not short of money, and the reason why these two projects are allowed to accept investment is also because they want to be listed in the United States.

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

On the contrary, after analyzing Feng Yiping's experience, although he did not say it explicitly, these two of the four heavenly kings on Dune Road were a little lucky, fortunately Feng Yiping was not engaged in venture capital business, otherwise, it was estimated that he was a strong competitor.

No way, judging from the information, this is a young man with a good eye that is close to the demon, and he also has a very good team that always does a good job of turning his ideas into reality.

If actuaries can roughly calculate a person's lifetime income, then these outstanding venture capitalists can accurately predict a future achievement, and no matter how you look at it, the future achievements of this Chinese young man are certainly limitless.

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

Durr shook his head with a wry smile, picked up his glass and said, "Cheers! For our good vision, we discovered Google, an excellent company, for Page's good vision, we found such an excellent Chinese young man, and for that Chinese young man with a good vision, not our competitors."

Moretz raised his glass and touched the rival of Dürr, "I'm not as optimistic as you, you say, will he set up an investment company on his own?"

………… (To be continued.) )