As Wen Ming prepares to show Zev the all-new Tesla Roadster, a visit from someone stops him.

"Why does Moretz want to visit me?"

Wen Ming asked Lilith with some puzzlement, but although Lilith was the assistant to the founder of Apple, she couldn't analyze the pattern of a figure of Moritz's level at all.

Michael Moretz, a partner at Sequoia Capital, was the head of Time magazine San Francisco before joining Sequoia Capital. Two of his countless investment experiences deserve to be remembered.

One was to invest $4 million in Yahoo and eventually achieve a return of about $4 billion, and the other was to invest $12.5 million in Google and make a profit of more than $5 billion.

Of course, because the money used is Sequoia Capital's fund, his personal wealth is only about $1 billion. But he can't be ignored because of this, and his status in Silicon Valley is far greater than that of Teresa Roy.

"Boss." Lilith replied, "It seems to me that he can't have come to you for any purpose other than to invest in you. ”

Wen Ming frowned, Moretz is a person from Sequoia Capital, and he knows a lot about Sequoia Capital. But it's not the understanding of the past life, but the understanding after coming into this world.

What is the concept of 10% of the total value of the NASDAQ market?

Wen Ming couldn't describe this concept, but he knew that it proved how powerful Sequoia Capital really was. And this kind of power is completely different from the strength of Apple.

In Wen Ming's dream, he should have two business lines, the first is to develop a huge high-tech business empire centered on Apple, and create an enterprise with the highest brand value, revenue and profit in the world.

The other is a venture capital firm like Sequoia Capital, which has hundreds of billions of dollars in money and can get all the entrepreneurs to help him make money. And through his investment in different enterprises in all walks of life, he has reached the point of turning his hands into clouds and turning his hands into rain.

As long as these two items are combined, then Wen Ming will never need to worry about someone being able to embarrass him. Even the U.S. government will not be able to touch his interests, because at that time, he will become a real consortium, even a consortium that can control the presidential election in the United States.

"But if they wanted to invest in Apple, they should have come to the door a long time ago. Moreover, it should be found with Apple, not Tesla. ”

Wen Ming is very puzzled, since Apple has sufficient cash flow and a valuation of $150 billion, those venture capital companies in this world have long chosen to give up.

Among them, it naturally includes Sequoia Capital, as well as venture capital institutions such as Goldman Sachs and JPMorgan Chase.

After that, people like Bill Gates and Teresa Roy want to invest in Apple, and their purpose is to hold Apple shares for a long time in order to get high dividends every year.

According to the nearly $60 billion annual net profit created by Apple in the other world, Teresa Roy's $5 billion investment occupies the shares, and can receive nearly $2 billion in cash dividends every year.

Of course, the premise is that the net profit of 60 billion is used for dividends.

But for venture capital firms like Sequoia Capital, what they want is similar to investing in companies like Google and Yahoo, and then cashing out a one-time return of dozens or hundreds of times through the operation of listing.

Even if they want to hold a stake in a company for a long time, they won't buy it when the company is valued at $150 billion.

Lilith said helplessly, "What's there to ask about this?" When you see him, he'll tell you. ”

Wen Ming was stunned for a moment, and then smiled: "Yes, since he came to see me, he must tell me his purpose." ”

This is because Wen Ming has played too much in recent times, especially for Tesla's wholly-owned acquisition, so he hopes to find out the other party's purpose before meeting Moretz, so that he can negotiate in a targeted manner.

Sequoia Capital is in the northern part of Silicon Valley, where there is the highest concentration of venture capital firms in the entire Silicon Valley, and together they have trillions of dollars in assets.

It hasn't been a long time since Sequoia Capital arrived at Tesla, and Wen Ming has already changed out of his dirty clothes and packed up to meet Movitz. He could decline Mark Zuckerberg's invitation to a dinner party until Tesla's technical issues were resolved, but after the issue had been resolved, he had every time to meet Movitz.

The first thing the two sides met was naturally Wen Ming and Zev who took Movitz to visit Tesla, of course, Movitz was not asked to meet the Tesla sports car that Wen Ming participated in manufacturing.

After the visit, the two sides began to talk in a reception room at Tesla's headquarters.

After all the polite words, Movitz made his own demand.

"I want to be able to take a stake in Tesla."

Movitz's words made Wen Ming stunned, and at this moment, he thought that Zefu had leaked the news. Because all the people in the laboratory signed a confidentiality agreement, they were not able to contact the outside world or leave Tesla for a week.

Zef, who was accompanying him, was also surprised, because before, Sequoia Capital didn't dump them Tesla at all.

Wen Ming noticed Zefu's surprised expression, and he couldn't tell whether it was true or not, but at this time, he couldn't verify whether Zefu had leaked secrets.

"I'm sorry, Mr. Moretz."

Wen Ming replied decisively: "At present, we at Tesla are not short of funds, so in a short period of time, we are not ready to start financing." ”

Since he has the money to develop his own company, he naturally doesn't need financing, especially since Wen Ming knows what kind of brilliance Tesla can show in his hands.

Movitz smiled, not surprised by Wen Ming's answer, in fact, the purpose of his personal visit to Tesla was to worry that his fund managers would not be able to take advantage of Wen Ming's hands.

The details of Wen Ming's wholly owned acquisition of Tesla are almost known to people in Silicon Valley, and most people think that Wen Ming relied on luck. For example, the two founders of Tesla happen to be at odds.

But Moretz believes that Wen Ming has the means.

"Don't be in a hurry to refuse, Mr. Wen Ming."

"We started evaluating Tesla after you bought it, and the result of the evaluation was that Tesla could be valued at $3 billion," Moretz said. ”

This valuation made Zefu stunned, and after Wen Ming noticed this, he believed that Zefu did not disclose the news. Unless, Zev has the acting skills of an Oscar-winning actor.

Moreover, even if Tesla solves the technical difficulties, sales are not necessarily guaranteed. In this case, Tesla's valuation suddenly increased from $500 million to $3 billion, a sixfold increase in just two weeks, and Sequoia Capital is simply crazy and stupid.

Wen Ming didn't speak, but continued to smile and look at Moretz, too many words will be lost, and it is best not to speak easily until the moment of need.

Moretz put away his smile for the first time since he saw Wen Ming, because the valuation of 3 billion US dollars did not make Wen Ming's expression change in the slightest.

"We want to be able to invest $1 billion in cash and take a 33% stake in Tesla, while you continue to own 67% of Tesla."

Moretz directly made a killer move, saying: "At the same time, we do not interfere in any form in the management and sales of Tesla. Even, we can give Tesla the right to cash out first after it goes public. ”

"Most importantly, we can help Tesla acquire the factory of Toyota's new United Motor Manufacturing Company in Fremont."

When Moretz said the first few conditions, Wen Ming always thought that the famous investment genius in this Silicon Valley was either stupid or a reborn.

Although Moretz's conditions are very rich, to the extent that Wen Ming thinks he is an idiot, Wen Ming is still unwilling to accept Sequoia Capital's investment. Because he is not short of money, and, after solving technical problems, Tesla will become one of his money-printing factories.

But when he heard Moretz's last words, his conviction was shaken a little, because he also wanted to buy that factory.

"Mr. Moretz, I'd like to hear about that factory."