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When Wen Ming was about to show Zeff the brand new Tesla roadster, a visit from a man made him stop.

"Why does Moritz want to visit me?"

Wen Ming asked Lilith with some puzzlement, but although Lilith was an assistant to the founder of Apple, she couldn't reach the level of analyzing Moritz.

Michael Moritz, a partner of Sequoia Capital, used to be the head of the San Francisco station of Time magazine, and later joined Sequoia Capital. Among his countless investment experiences, two are worthy of being remembered by the world.

Once it invested 4 million US dollars in Yahoo, which finally achieved a return of about 4 billion US dollars. Another time it invested 12.5 million US dollars in Google and made a profit of more than 5 billion US dollars.

Of course, because the money used is the fund of Sequoia Capital, so his personal wealth is only about 1 billion US dollars. But he cannot be ignored because of this. In Silicon Valley, his status far exceeds Teresa Roy.

"Boss." Lilith replied: "In my opinion, he came to you for no other purpose than to invest in you."

Wen Ming frowned. Moritz is from Sequoia Capital, and he knows a lot about Sequoia Capital. But it is not the understanding of the previous life, but the understanding after coming to 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 it proved how powerful Sequoia Capital was. And this kind of power is completely different from that of Apple.

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

The other is that a venture capital firm like Sequoia Capital has hundreds of billions of dollars under its name, allowing all entrepreneurs to help him earn money. And through his investment in different companies from all walks of life, he has turned his hands into clouds and turned his hands into rain.

As long as these two are combined, Wen Ming will never need to worry about someone being able to embarrass him. Even if it is the US government, it is impossible to touch his interests, because at that time, he will become a real consortium, even a consortium that can control the US presidential election.

"However, if they wanted to invest in Apple, they should have come here long ago. Moreover, they should have found Apple, not Tesla."

Wen Ming was very puzzled. Ever since Apple had sufficient cash flow and a valuation of 150 billion US dollars, the venture capital companies in this world have long since chosen to give up.

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

After that, those who want to invest in Apple are people like Bill Gates and Teresa Roy. Their purpose is to hold Apple's stock for a long time so that they can get high returns every year. dividends.

According to the annual net profit of nearly 60 billion U.S. dollars created by Apple in another world, Teresa Roy's 5 billion U.S. dollars in investment shares can receive nearly 2 billion U.S. dollars in cash dividends every year.

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

But for venture capital companies like Sequoia Capital, what they hope to get is similar to investing in companies like Google and Yahoo, and then going public through operations to cash out a one-time return of tens or hundreds of times.

Even if they want to hold shares in a company for a long time, they will not start when a company's valuation reaches 150 billion US dollars.

Lilith said helplessly: "What is there to ask? When you see him, he will definitely tell you."

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

"

This is because Wen Ming has played too many tricks recently, especially for Tesla's wholly-owned acquisition, so he hopes to find out the purpose of the other party before meeting Moritz, so that he can conduct targeted negotiations .

Sequoia Capital is in the northern part of Silicon Valley, which is the most concentrated place of venture capital firms in the entire Silicon Valley. Together, they have mastered trillions of dollars in assets.

The time from Sequoia Capital to Tesla was not long, and Wen Ming had already changed out of his dirty clothes, packed up and prepared to meet Movitz. He could turn down Mark Zuckerberg's dinner invitation until Tesla's technical problems are resolved, but after they've been resolved, he'll have time to meet with Movitz.

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

After the visit, in a reception room at Tesla headquarters, the two sides started talking.

After all the polite talk, Movitz made his own appeal.

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

Wen Ming was stunned by Movitz's words. At this moment, he thought it was Zev who leaked the news. Because those people in the laboratory have all signed a non-disclosure agreement, they have not been able to contact the outside world during this week, nor have they been able to leave Tesla.

Zev, who was accompanying him, also looked surprised, because before, Sequoia Capital did not dump Tesla at all.

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

"I'm sorry, Mr. Moritz."

Wen Ming replied decisively: "At present, Tesla does not lack funds, so we are not going to start financing in a short time."

Since he has the money to develop his own company, there is no need for financing, especially since Wen Ming knows what kind of brilliance Tesla can show in his hands.

Movitz smiled, and was not at all surprised by Wen Ming's answer. In fact, the purpose of his coming to Tesla in person 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 by people in Silicon Valley. Most people think that Wen Ming relied on luck. For example, the two founders of Tesla happened to be at odds.

But Moritz believes that Wen Ming has means.

"Don't rush to refuse, Mr. Wen Ming."

Moritz said: "We began to evaluate Tesla after you acquired Tesla, and the result of the evaluation is that Tesla's valuation can reach 3 billion U.S. dollars."

This valuation made Zev dumbfounded. After Wen Ming noticed this, he believed that Zev had not disclosed the news. Unless, Zev has the acting skills of an Oscar winner.

Moreover, even if Tesla solves the technical problems, sales may not be guaranteed. Under such circumstances, Tesla's valuation suddenly increased from US$500 million to US$3 billion, a six-fold increase in just two weeks. Sequoia Capital is simply crazy and stupid.

Wen Ming didn't speak, but continued to look at Moritz with a smile. If you say too much, you will lose it. It is best not to speak easily until the time is needed.

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

"We hope to invest in Tesla with US$1 billion in cash, occupying 33% of Tesla's shares, and you will continue to hold 67% of Tesla's shares."

Moritz directly resorted to the ultimate move, saying: "At the same time, we will not intervene in any form in Tesla's management and sales work. Even, we can transfer Tesla's priority to cash out after it goes public."

"The most important thing is that we can help Tesla acquire the plant of Toyota's new United Automobile Manufacturing Company in Fremont."

When Moritz said the first few conditions, Wen Ming kept thinking about this well-known investment genius in Silicon Valley, who was either stupid or a reborn person.

Although Moritz's conditions are very generous, so rich that even 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 his money printing factory.

But when he heard Moritz's last words, his faith was a little shaken, because he also wanted to buy that factory. )!!