Chapter 526: Unchanged (First Update)
"Invest in Google?" Zhang Chen was excited, and his sleepiness was swept away, which was more effective than playing morphine.
Sergei Brin jumped up from the ground: "How much are you going to invest?"
John Doerr's eyes lit up, revealing strong confidence: "You are the founder of Google, right? Son, entrepreneurship is one of the most important things in life, even more important than which woman you marry, for such an important matter, we must sit down and talk about it." It's all your team?"
Sergei Brin blinked, "Sort of, of course we can talk, but you can also see that we are all busy." You see whether this is good or not, there are already several VCs looking for us, and it is difficult for us to judge who is more sincere. So... β
John Doll wondered, "So what?"
Sergei Brin smiled and said, "So can you show us your sincerity?"
John Doerr had never met such a diao entrepreneur, even if he stared at two eyeballs back then: "How to show sincerity?"
Sergei Brin smiled slyly: "Look, we're so crowded here... β
John Doerr suddenly realized, "If you want a bigger office space? No problem, KPCB has a building at 120 College Road, seven of which are still empty, and you can give the whole floor to you." β
John Doerr gave Zhang Chen a smug look, although the personal relationship between the two is still quite good now, but last time he was cut off by Zhang Chen on Amazon's project, John Doerr was still very unconvinced.
Now it would be great if you could report Amazon's revenge on Google's project.
But Sergei Brin shook his head and said, "No, we live here quite well, and we don't want to move for the time being." I mean, there's so many people here, so there's no privacy, and it's embarrassing to even watch adult movies, and we're all young people, uh, you know, can you get a bunch of chicks from Carson City... Hey, hey, hey... β
John Doerr was dumbfounded, he had never seen such a brazen person, "This, this... "John Doerr is incoherent and his mind is in turmoil, is the moral level of today's young entrepreneurs so poor?
John Doerr just wanted to shout: Wake up!
Larry Page stood up and said quietly: "Sergey, don't make trouble. Mr. DΓΌrr, Sergey and I are both founders of Google, my name is Lawrence Edward Page, you can call me Larry. β
Sergei Brin stroked his forehead helplessly, and muttered to himself: "It's not that Zack is here, I'm afraid that he will complain to Irene." β
Larry Page paused, "And Zack, as you may know, is also the co-founder of Google and our angel investor. β
John Doerr opened his mouth, "What did you say?
John Doerr was so angry, he thought that he had started early enough, and he would definitely be able to get it into his own hands before the hen laid golden eggs, but he didn't expect to arrive at the chicken coop and find that the chicken had already had a master, not to mention, the chicken owner actually went to the nest to hatch the chicks.
You said that you don't do a good venture capital fund, you have to mix with the entrepreneur, you have to get together with the entrepreneur, it's not fun to get a Matrix, and now you have a google, aren't you not doing your job?
John Doerr looked at Zhang Chen sadly, "Why are you again?"
Zhang Chen touched his nose: "Yes, Larry and Sergey worked in ICQ before, and then they came out to start their own business, so I invested some money in them." Later, they built a search engine, but it couldn't be sold, so I invested some money in them and let them do it themselves, and they weren't co-founders, they just had some ideas. β
Sergei Brin raised his hands: "Okay, okay, originally we wanted to sell the company to Zack and let him run it, although he is younger than us, but he has more experience in business than us." But Zack didn't think he had the energy to manage so many things himself, so now the company is in charge of two people, Larry is the majority shareholder, 40% of the shares, and Zack and I are both 30%. β
Zhang Chen shrugged his shoulders, "Don't look at me like that, I already invested a million dollars a year ago, and they originally only wanted to sell the company for $700,000, and I am not the one who takes advantage of the fire to rob." β
John Doerr sighed, it seemed that this time it was still inevitable to deal with Zhang Chen.
However, there have been too many encounters with Tindersource recently, and the double reversal has competed in many projects, and in several key projects, it is often found that TinderSource has been in contact with entrepreneurs or has successfully invested in the seed round or A round.
John Doll even doubted that Zhang Chen had a pair of eyes that could see through the future, otherwise how could he choose so accurately?
But John Doore is also a fateist, he believes in fate, and from his own experience, he has had a few years, invested in anything, almost never lost, and all of them are heavyweights that will later shine in Silicon Valley. At that time, everyone also believed that he was a true prophet, with eyes that could see through the future.
Initially, John Doel thought it was his own superiority, but as he got older, John Doerr began to understand a truth: it was fate.
John Doerr punched his spirits: "Larry, Sergey, Zack, then I'll cut it short. No matter how you are developing now, you still have to return to the old way of monetizing traffic advantage advertising in the end. I understand that it may take a while for you to transform the portal, but now that both Yahoo and AOL have made the portal impressive, it's really hard to say how much you can achieve at that time. β
"Therefore, your top priority is to expand rapidly, transform the portal as soon as possible after financing, and monetize traffic, so that you have a stable profit point and pave the way for the IPO. β
John Doerr glanced at Zhang Chen: "What I said just now, Zack should have told you, Zack, this time no matter what, KPCB will monopolize 20% of the equity, and the price will be opened by you." β
Sergei Brin's eyes lit up: "Then if you make an offer, how much do you value us?"
John Doerr thought about it for a moment: "I just looked at some of your superficial data, and it is indeed a very good result, B can pay 10 million dollars in exchange for 20% of Google's equity." β
Larry Page and Sergei Brin glanced at each other, and they were so excited that they almost jumped, 50 million US dollars, I was still thinking about how to sell Rankpage for 1 million US dollars half a year ago, and today, half a year later, it is already 50 million US dollars? As long as I agree, I will become a multi-millionaire?
But even so, the two did not immediately express their position, but looked at Zhang Chen, they knew that they were not professional in this regard, and they also believed that Zhang Chen would not joke with his own money, this kind of thing, it is better for the three of them to discuss it.
John Doerr looked at Zhang Chen, "Zack, you also do this business, you should know that what I said makes sense." β
Zhang Chen sighed: "John, I'm afraid that I will really disappoint you this time, Google really has no financing plan in the short term." β
John Doerr disagreed: "Zack, I know you don't have a shortage of funds right now, even if you don't find any partners, you can provide the funds that Google needs to grow." And if you continue to raise money for Google, you will become the controlling shareholder, what about future IPOs? How do you give confidence to investors? How do you write announcements? If you do this, Google will be finished!"
Zhang Chen shook his head: "You misunderstood, Google really has no plan to start Series A financing at present." Tindersource may participate in the next round of financing, but it is only to ensure that 30% of the equity is not diluted, and I will not seek control, which is true. Moreover, Google is not prepared to raise money until it reaches 300 million search requests a day. β
John Doerr glared: "What about the funds that Google needs to operate? The one million you invested should be almost burned out, right? If you don't transform to the portal as soon as possible, how long will Google be able to hold on? Next month or next quarter? Don't be naΓ―ve, portal operation costs money, tens of millions of dollars may be burned out in a year or two, will you provide Google with interest-free loans?"
Zhang Chen laughed: "Who said that Google must be transformed into a portal? Google's core business is search, it was, it is, and it will be in the future!"
(End of chapter)