Chapter 613 - Sell at a Discount

San Francisco, Mountain View, Matrix Tower Three.

"Zack, aren't you really thinking about putting Matrix on the market?" Michael Moretz stroked the smooth shell of the iBook, a little reluctant, "The i is indeed a phenomenal product, and I believe that your iBook will be equally successful after its release." But if Matrix insists on not going public, the future development will not be smooth. ”

Moretz uses declarative sentences.

Unlike the extremely secretive i, iBook has seen its true face before it was released. Of course, this relevant person has also undergone a fairly strict review, and X has invested a lot in product secrecy, and absolutely does not allow any conclusive information to flow to the media before release.

As the most famous venture capitalist in Silicon Valley, Moretz has had several good collaborations with Zhang Chen, and the two have some friendship, and they want to see ibook, but Zhang Chen will certainly not refuse. After Moretz signed a confidentiality agreement, Zhang Chen showed Moretz the upcoming iBook in the activity room on the fifth floor.

When Zhang Chen explained the leading technology of iBook to Moretz, Moretz immediately made a judgment that just as i subverted the current personal computer market pattern, iBook will also subvert the laptop market.

If Matrix only has one excellent product, it may be short-lived. But in less than half a year, Matrix will launch a better, more complete, more technologically and designer, more revolutionary laptop, which is enough to show the strength of Matrix.

Dell is going to be out of luck。。。。。。

Moretz gloated a little in his heart, now Sequoia and KPCB are fighting fiercely, if Tinder only competes with these two capital giants on a few projects, Sequoia and KPCB compete on almost all popular projects.

Dell, on the other hand, is in the KPCB camp.

Until now, KPCB still has a board seat at Dell, and KPCB's John Doerr's influence on Mike Dale has not diminished in the slightest. When Mike Dale encounters any problems, the first thing that comes to mind is still John Doerr.

If Zhang Chen's matrix can defeat Dale, even if Sequoia can't get a penny out of it, Moretz will be very happy.

The activity room on the fifth floor of Matrix's Building 3 is one of the most confidential rooms in Matrix, and only core R&D personnel and a limited number of senior executives have access to it. It is different from several other activity rooms, there are only two billiards cases and a squash court, two chapter ball cases, one snooker, and one American nine-ball.

When Moretz was watching the ibook, Zhang Chen was bored and took an American nine-ball big head pole to practice. Hearing Moretz's words, Zhang Chen couldn't help but smile.

Zhang Chen knew what Moretz was thinking, and put down the billiard cue in his hand, "Michael, Matrix has just been established for a year, and it doesn't meet the listing conditions of any exchange at all, so you are a little too anxious." ”

Michael Moretz snorted, "Don't pretend to be a layman, okay? There are already three companies listed in your hands, do you think I'll believe you or that little kid with no hair growing?"

What Moretz wants, as soon as possible, gets Matrix's upcoming first round of funding. From the current situation, Matrix is running too well, and the later it opens its financing, the higher the cost of entry. Moretz's words just now are to use the listing to urge Zhang Chen to open financing as soon as possible, so that major capital can enter.

They are both smart people, and Moretz believes that Zhang Chen will at least give himself a positive reply when he hears him say this. Unexpectedly, at this time, Zhang Chen shamelessly pretended not to know anything to prevaricate himself.

Zhang Chen smiled, without any shame on his face: "I am not yet twenty, only two years older than your son, and your daughter is one year older than me." Don't you think it's too much to use your dirty adult thinking to measure a child who hasn't reached the legal drinking age?"

Moretz almost spurted out a mouthful of old blood, how dare you say, child? What do you look like a child?

However, if there was no Zhang Chen's reminder, he really forgot that the young man in front of him was more than half younger than himself.

How the hell did this kid grow up? He was more like a Jew than he was.

Moretz took a deep breath and calmed down his imminent outburst, "Okay, let's get down to business, no kidding." Zack, you should know very well that if you don't open up financing, the capital market will not let Matrix sit big, and your future goal is Dell, right? Do you think that without the support of more capitalists, Matrix can really win the capital group behind Dell?"

The conversation at this level has gone beyond simple market competition and pointed directly to the capital side behind it. Behind Dell are the Texas consortium, the Morgan consortium, and the old Silicon Valley capital represented by KPCB.

Behind these capital forces themselves are quite complex shareholding structures and distribution of interests, and a matrix that has nothing to do with all parties has sprung up, and it is likely to become the target of all sides and be jointly strangled.

Zhang Chen understood that although Moretz was a little alarmist, what he said also made some sense.

Joint strangulation or something, Zhang Chen doesn't care at all, needless to say that the interests of all parties are complicated, just talking about the profit-seeking nature of capital, it is impossible for each capital party to have nothing to do to add to their own blockage, with this kung fu, how good it is to invest in other projects to make money.

Moreover, the joint strangulation in history has hardly been successful.

In ancient times, there were eighteen princes to beg Dong Zhuo, and now there is a joint ** to besiege the volunteer army in Goryeo, which one succeeded?

Even Toei has a history of more than a dozen daimyo uniting to form a network of Nobunaga and besieging Oda Nobunaga. In the end, he could only end up with Asakura Asai Rokkaku dying and the country destroyed.

But Zhang Chen is not afraid does not mean that Zhang Chen is not annoying, no matter what the ending is, Hu Xueyan is still right in his sentence that there are many friends and many roads, and many enemies and many walls. Even if these capital forces can't do anything with Matrix, it is much better to have more partners to support it than for them to obstruct it everywhere.

Most importantly, as Moretz said, the matrix itself is also in great need of financing.

Don't look at the money now, but if you want to grow faster, getting extra financing is a must.

A strategic R&D project can cost millions of dollars to hundreds of millions or even billions. Microsoft's R&D budget spent on a small excel alone is more than $300 million a year, while Apple's hundreds of millions of dollars in R&D spending every year is also a financially important expense.

Even Dell, which pays the least attention to R&D, relies on i's clever success without the support of subsequent huge R&D and acquisition investment, which is destined to be unsustainable, and these, relying only on sales proceeds, without the injection of owner's equity, are fools' dreams.

Zhang Chen saw this very clearly, and the reason why he never opened the financing channel of Matrix was nothing more than to sell at a price, hoping to sell at a good price.

A smile appeared on Zhang Chen's face: "Michael, you're right, then, what is your suggestion?"