Chapter 729 Sequoia’s Sincerity
She took out a test sheet from her pocket and handed it over.
“Look.”
Xu Liang has read many of the same documents, but he is still a little curious.
Take it and take a look.
Sure enough, she was pregnant.
It’s just that I don’t know the gender yet.
"Haha, that's right. Xinmei, tell me, what reward do you want?"
"Xinmei doesn't want rewards, Xinmei is willing to give birth to Xu Jun's child."
< br>Futian’s pretty face is full of tenderness and infatuated love.
Whenever a man sees a beautiful woman being so infatuated with him, he will feel a strong sense of satisfaction and pity in his heart.
Xu Liang is no exception.
"There are still rewards. You don't have to worry about the specifics. You will see it when the child is born."
"Yes."
Futian Xinmei nodded vigorously.
"Xu Jun, Xinmei is pregnant. The doctor said that you need to be extra careful during the first three months of pregnancy, so I'm afraid I won't be able to serve you with Yamei."
"It doesn't matter. We'll wait until you give birth to the baby. . ”
After spending some time with the two girls, it was noon.
After lunch, it soon reached three o'clock in the afternoon.
Looking at the middle-aged man coming out of the car, Xu Liang greeted him with a smile.
"Mr. Moritz, I have long admired your name."
"Mr. Xu, you are welcome."
He glanced at the huge yacht in front of him.
"I'm afraid all the reporters in the United States didn't expect Mr. Xu to be here."
"In front of the all-pervasive American reporters, I'm afraid I won't be able to hide here for long. ... Please come in. ”
"Please."
The yacht Xu Liang rented is more than 3,000 tons, although it is not as good as those big guys that easily cost hundreds of millions of dollars and exceed 10,000 tons.
But two laps in San Francisco Bay is enough.
The interior is also very spacious.
The living room alone is more than 100 square meters.
"Mr. Xu, I personally very much agree with your speech at the investment reception three days ago. The future era is the era of the Internet."
"Thank you."
"We at Sequoia Capital have always We are committed to discovering and nurturing Internet and high-tech enterprises, which can be proved by Sequoia’s past investment experience.
So, we have a similar investment philosophy to Hanhua Capital.
So I do. I think we should have more cooperation in investment.”
Looking at Michael Moretz's impassioned speech, Xu Liang vaguely understood.
"Sequoia plans to enter the Chinese market?"
While surprised by the other party's keen sense of smell, Moritz did not hide it.
“Yes. China’s Internet entrepreneurship market is the most anticipated venture capital market outside the United States. As a top institution in the field of venture capital, Sequoia does not want to miss this market with huge potential.< br>
Hanhua is the dominant player in China’s venture capital market, and we at Sequoia Capital are the leader in the US venture capital market
We can totally work together.
With Sequoia’s rich experience and connections accumulated over the years, coupled with the reputations of Hanhua and Mr. Xu, it is impossible for any company to refuse us. "
Xu Liang smiled slightly, "Mr. Moritz, just yesterday, Mr. John Doerr, the founder of Kleiner Perkins Caufield & Byers, said the same thing to you. "
"Mr. Doerr is a very good investor. It is not surprising that he can think of cooperating with you to enter the Chinese market.
But I believe Sequoia is more suitable to cooperate with you than Kleiner Perkins Caufield & Byers. ”
"Why?"
"Because I brought the sincerity of Sequoia cooperation."
As he said that, Michael Moretz handed over the document in his hand.
Xu Liang curiously took it and took a look, and was quickly attracted by the contents inside.
Seeing his performance, Michael Moretz couldn't help laughing.
Then he spoke.
“PeopleSoft is the world’s second-largest enterprise application software company and the largest provider of mid-market solutions, with more than $2.8 billion in annual revenue and established relationships with 11,000 customers in 150 countries Business relationship.
But in 2004, it was acquired by Oracle for $10.3 billion.
After Oracle acquired PeopleSoft, it sold the company with 11,000 employees within a month. 5,000 people were laid off..."
Xu Liang looked at the information in his hand, his thoughts churning.
Although he couldn't stand Larry Ellison.
But this guy is indeed a character.
He is ruthless and good at exploiting his enemies.
The entire development history of Oracle is a history of mergers and acquisitions, with hundreds of companies acquired successively.
Every acquired company undergoes layoffs, cleaning, integration, complete integration... and a complete process is repeated.
Although simple, it is very effective.
The same is true for PeopleSoft’s acquisition this time.
“Mr. Duffield, the founder of PeopleSoft, was very dissatisfied with Oracle’s ruthlessness, so after the company was sold, he regrouped the old PeopleSoft employees who had been fired by Oracle and created a company called Workday.
It is still the most experienced business of the original PeopleSoft: providing human resources technology solutions to enterprise customers
In order to kill this competitor, Oracle has used low-price strategies in the sales market to suppress new companies. Outside of working days, rumors continue to spread in the venture capital market, obstructing working day financing
Larry Ellison even told the market: Whoever helps Workday is Oracle's enemy. "
While talking, Michael Moritz paid attention to Xu Liang's expression. After all, everyone knows that he and Ellison don't get along.
If he can provoke With this sentiment, "Working Day" will have a greater chance of getting investment, and the cooperation between the two parties will be greater.
Xu Liang put down the information.
"Although I hate Ellison and don't care about his threats.
But how do I know that this 'Workday' company has a future?"
"This is a job done by Sequoia Capital. Japan’s due diligence information.”
Moritz once again took out a thick piece of information and placed it in front of Xu Liang.
This information is undoubtedly much thicker than before.
Xu Liang couldn't finish watching it for a while.
"Sequoia is preparing to invest in 'Red Yesterday'?"
Moritz nodded, "To show sincerity, we can give this project to Hanhua Investment. If you want Eat them all, and we can agree."
Xu Liang smiled, and you can tell from this answer.
This ‘working day’ is not taken very seriously within Sequoia.
Otherwise, who would be willing to push the fat out?
No matter how important cooperation is, it is not as important as making money.
"I have to read this information before I can give you the answer."
"No problem, then I will wait for the good news from Mr. Xu."
"I will as soon as possible."
Xu Liang personally sent Michael Moretz off the yacht, and Lu Huidao looked at the car going away.
"Mr. Xu, I always feel that this guy is uneasy and well-intentioned."
"Don't rush to conclusions first, do some investigation first."
Back in the living room, he didn't Eager to read the information, I picked up my phone and called Lin Junrui.
“Mr. Xu.”
"Do you know of a 'workday' startup that makes enterprise software?"
"Are you talking about the company just founded by former PeopleSoft founder Duffield?"
"No. Wrong. ”
“Mr. Everyone will pay attention to Oracle.
Moreover, the news of Oracle's acquisition of PeopleSoft is so big that it is difficult not to pay attention.
“How is it?”
“There is some value, but not very high value.”
“Continue.”
“Duffield founded After the "Working Day", many PeopleSoft employees were recruited, resulting in overstaffing and huge administrative expenses.
And because of the deliberate suppression by Oracle and Larison, it is difficult for ‘Working Day’ to receive big orders. ”
After Workday was founded, it continued to recruit and absorb old PeopleSoft employees who had been laid off by Oracle.
The company’s cash flow was in short supply, and the product had not yet become a great success, but the idle employees recruited a large number of employees. The pile has placed a heavy financial burden on the company
Larry Ellison ranked ninth in the world on the Forbes Global Rich List released in March this year, with a net worth of US$18.4 billion!
Based on the other party's status in the world, combined with his unruly and vengeful character, many investment institutions dare not get into trouble for fear of becoming enemies with this wealthy man
Of course, this is also because ‘working days’ don’t show enough value.
Otherwise it would be a different story.
Xu Liang understood. He now understood why Sequoia was willing to share this company with him.
Isn’t it obviously a piece of cake?
Xu Liang picked up the workday adjustment left by Sequoia on the table.
Looking at Duffield's name on it, he always felt as if he had heard it somewhere.
“So you don’t recommend investing?” Xu Liang continued holding his cell phone.
"Yes. Starting a business requires a lot of energy and time. Duffield is already sixty-five years old. Even if he still has certain connections and experience, it will be difficult for him to lead the workday. Breaking out of the siege of Oracle."
Lin Junrui's words were like a bolt of lightning, splitting the chaos in Xu Liang's mind.
The founders of this company are all legends. After the company was maliciously acquired by Oracle, they really made a comeback.
The Workday company he founded went public in the same year as Facebook, with a market value of more than 10 billion U.S. dollars, and in the following years reached a market value of 60 billion U.S. dollars.
The reason why we can still fall and get up is because we have caught up with the technology wave and this company has added a cloud computing concept to human resources software.
Of course these are not the point.
The point is that Duffield’s success has made him the largest entrepreneur in the venture capital circle.
It has also become a case where many investment institutions deceive entrepreneurs.
People start their own businesses at the age of sixty-five and go public in their seventies. You are so young, why can’t you?
Persevere, keep persisting, you will be the next Duffield.
Duffield is old, he can still make a living, wrong, he can still start a successful business, you are less than forty years old, you need to be more mature. ...
Xu Liang heard this statement countless times when he attended cocktail parties of some venture capital institutions.
It has only been five years since I was reborn, and I have forgotten some things.
Now I was suddenly awakened, and some past events came to mind again.
At this moment Xu Liang was really moved.
"Call the other party for me and tell me that I am very interested in working day investment."
"Mr. Xu, you..."
Xu Liang interrupted him with a smile, "I'm very interested in any method of applying eye drops to Ellison, not to mention that 'working days' may not necessarily fail.
Anyway, let’s meet and talk first. "
"Okay. ”
(End of this chapter)