Chapter 58 (undergoing overhaul, please collect it first, and read it later)
It's not a good habit to give up easily. Lin Yi turned the car around and returned to the café he had passed earlier. He ordered a drink, thinking about asking someone.
At this moment, the two foreigners came over and sat on the chairs next to them. Their quiet conversation lasted only a minute, and then their voices grew louder and louder.
Lin Yi suddenly found that the content of their conversation turned out to be venture capital! He pretended not to care, adjusted his angle, and began to listen intently.
The young man advised: "The situation is improving, as long as we hold on a little longer, we will definitely be able to reap the rewards!"
The middle-aged man was very impatient, and his retort kept rising: "There are more than 20 companies, and none of them can be listed! It's been almost three years, how long will you hold on?"
After only five minutes, the conversation broke up. Putting aside the cruel words of withdrawal, the middle-aged man strode away. The young man sat still, stirring his coffee, and did not drink it for a long time.
After a short while, Lin Yi walked across from the man. Pointing to the empty chair, he said hello: "Sorry, I heard your conversation." Mind if I sit here?"
The young man was slightly stunned, and then motioned for a seat. He was neither angry nor inquiring, just quietly looking at the other side.
At such an age and such a cultivation, Lin Yi admires it very much. He was not in a hurry to speak, but carefully observed. The white youth on the opposite side had a softer face than him. But that pair of lion eyebrows is really eye-catching! I heard that this kind of person dares to act and is very responsible!
At this point in the observation, Lin Yi said honestly: "My name is Yi and Lin, and I have opened a company nearby, and my name is Paradise Games. Because of tax issues, we are looking for investment channels. ”
The other party responded: "Tim, DFJ Ventures, CEO of the company. Paradise Games I know, has recently made a name for itself. ”
The two chatted for a while, and when they heard Lin Yi say that he intended to enter venture capital, Tim was slightly excited, but quickly pressed it back. The venture capital process was introduced in detail.
Then, HP in the 50s, DEC in the 60s, Intel in the 70s, the Silicon Valley miracles of the past, Tim broke down and explained in detail. Lin Yi benefited a lot and listened and nodded constantly. The two talked more and more, and the more they talked, the more speculative they became.
Suddenly, Lin Yi said the news: "Intel and AMD, the two chip giants, recently reached a patent settlement. You know Intel so well, why don't you go into the stock market and get a vote, but stick to Silicon Valley instead?"
Shaking his head solemnly, Tim said proudly: "Investing in the present, so that the capital from less to more, is the bank's business. Investing in the future and making capital from scratch is our business. Venture capital exits in time to control risks. If you can't suppress greed, this road won't go far!"
"Good one to stick to principles!" Lin Yi couldn't help but give a thumbs up.
Defonjie is in a bad situation, but when Tim speaks, there is no urgency, showing everyone's demeanor: "The company has entered a downturn, and there are people constantly collecting loans. The only way to survive is to bring in new investors. ”
Adhering to principles, being soft on the outside and rigid on the inside, and being honest with each other finally moved Lin Yi. He decided to send charcoal in the snow: "The middle-aged man just now said that he wanted to withdraw from Defengjie. How much he withdraws, how much I make up, the shares remain the same!"
In normal negotiations, if you can take advantage of the situation, you should chase after it. However, Lin Yi takes a fancy to Tim, not Defengjie Company, so naturally he will not engage in small means.
3 million US dollars, in exchange for 20% of the shares, Lin Yi feels that it is worth it. This venture capital firm is his school.
What's more, in this part of Silicon Valley, DFJ has three years of qualifications. Startups looking for venture capital must shop around. From DFJ, Lin Yi can see the ebb and flow of Silicon Valley! So, for a period of time, he interned here.
Lin Yi finally determined that he had found the right way. One afternoon, Tim had a plan in his hand that said 'Apple Computer'!
has been searching hard, and finally it has paid off. At this moment, Lin Yi almost shed tears. But he suddenly woke up to the fact that if Tim agreed to invest, then he would indirectly own 6% of Apple's equity at most!
Lin Yi had an impulse to snatch the plan! However, if he really did that, he might not be able to get along in this part of Silicon Valley. So this greed was held down by him.
Seeing Tim raise the pen, Lin Yi's heartbeat seemed to stop. Fortunately, the other party signed the opinion that refused to invest in Apple!
Lin Yi breathed a long sigh of relief, feeling sore and weak, as if he had just finished a marathon. After he took a breath, he walked over, put his hand into the waste paper pile, and pulled out Apple's business plan.
After reading the other side, Tim asked, "Are you interested in the PC?"
Lin Yi's tone was natural: "Video games, personal computers, there is a certain commonality, it's normal for me to be interested." By the way, can you tell me the reason for rejecting Apple?"
At the critical moment, the other party pulled himself, so Tim did not hesitate to advise. On how to assess the risk, I gave a detailed explanation, and finally gave the answer:
"Computer, that's a good idea. But that plan, naïve like a child. I've called and I feel like the founder of the company is very paranoid. Lack of business experience and reluctance to accept opinions. ”
Although he is not a fruit fan, Lin Yi still admires Jobs from the grassroots. Therefore, even if there is no refutation, the look on his face is enough to explain the problem.
Seeing through his friend's thoughts, Tim added: "The founder of Sequoia Capital, Don Valentine, described Steve Jobs as a 'human rebellion'! So, no matter how good the project is, we will not invest. ”
Extraordinary people, doing extraordinary things, ordinary people can't understand - this is what Lin Yi said in his heart, but it's not right to think about it. Sequoia Capital, that's not an ordinary person, but Tang also refused!
He suddenly remembered that there was a time when the apple was falling apart and Jobs was running away in a bad mood. It seems that the evaluation of investors is not entirely unreasonable.
But it doesn't matter, angel investors don't spend much money anyway. Even if this is a parallel world, Apple did not succeed in the end, and it is a big deal that Lin Yi went into battle shirtless and developed the computer market by himself.
Lin Yi returned home, told his girlfriend about the matter, and was about to take someone to set off.
Fanmei-like worship, Sunflower didn't have it, she boldly questioned: "Everyone denies it, that means that Jobs may have character flaws!"
After communicating again, seeing that her boyfriend was iron-hearted, she made pertinent advice: "Even if you are in a hurry, you should be prepared." This person is so stubborn, if this talk collapses, he may not have a chance in the future!"