Rebirth

Chapter 12 Sequoia Capital and Michael Moritz (recommendation for collection)

After chatting with Yang Zhiyuan and the others for a while, seeing the busy people in the entire garage, Li Feng and Zac couldn't watch the excitement there anymore.

At the same time, they didn't understand the technology of the Internet and could only watch it. Therefore, following the principle of blindness, the two returned to the "Silicon Valley Garden Hotel" next to Stanford.

I opened a large suite with two small rooms, a small living room, a bathroom, and a small balcony for 350 dollars a night.Fortunately, Alan Francis contributed 200,000 US dollars, otherwise, the lives of the two would be a bit nervous.

After the two arrived in the room, they relaxed, took a quick wash, and sat on the small balcony in bathrobes, eating snacks and chatting with fruits.

"Ding Dong..."

But the doorbell rang, interrupting Li Feng's idle and leisure time.

......

"Who is here at this time?" Li Feng watched Zac muttering to himself and then walked towards the door, and then intermittent conversations sounded.

"็ Hello Who are you?"

"Hello, my name is Michael Moritz."

"Well, Michael? What do you want?"

"I'm looking for Mr. St. John Lee and Mr. Zach John. Are you Zach John?"

"Oh, yes, if there is no other guy named Zac here, I think I should be, man, is there anything wrong with you?"

"Look, this is not a place to talk, how about going in and saying?"

"OK, come in."

Then Li Feng saw Zach walk into the room with a middle-aged white man.

......

"Zach, who is it?"

"Jhon, the self-proclaimed Mr. Michael Moritz, said he came to see us both." Zach said casually with a shrug at Li Feng.

"Michael Moritz?" Li Feng felt that he had heard of self-love, but he didn't care.

"Yes, two gentlemen, my name is Michael Moritz and I belong to Sequoia Capital." Michael Moritz was also a bit speechless at this time. You know I am Michael Moritz, one of the helms of Sequoia Capital. .

Unfortunately, it was Zac and Li Feng who did not understand the venture capital market.

Zach didn’t know at all, and although Li Feng came from a later generation, he was an ordinary person after all. Sequoia Capital may have heard of it. As for Michael Moritz, I can only ask, who is it, it can only be " Haha".

"Sequoia Capital?" Li Feng also reacted at this time and asked immediately.

"Yes, I am Michael Moritz from Sequoia Capital."

When he heard Michael Moritz’s affirmative reply, Li Feng immediately stood up, shook his hand, and said that he would be lucky enough to meet, his eyes beaming at Michael Moritz, almost like a dollar. same.

......

No way, this is Sequoia Capital. In Li Feng's view, Sequoia Capital is simply a symbol of the "God of Wealth".

In the later generations of China, if ordinary people were to hear about venture capital companies, it would still be the beginning of the Internet era, in the late 1990s.

At that time, ordinary people only heard of venture capital companies. As for ordinary people, it may be until the beginning of the new century to understand venture capital companies.

The same is true for Li Feng, who was an ordinary person in his previous life. In the late 1990s, he heard about venture capital companies, but simply understood that investing in venture companies would get rich returns in the future.

It was not until later that more and more domestic companies obtained venture capital, and the concept of venture capital penetrated the hearts of entrepreneurs. At that time, Li Feng also understood some basic information, and then he knew what the so-called "risk investment" was all about.

And when it comes to the venture capital industry, you have to mention Dune Road in Monroe Park in Silicon Valley, and you have to mention Sequoia Capital, an industry leader in the venture capital industry.

......

In Menlo Park, Silicon Valley, on the not-so-wide sand dune road, there are many wooden buildings of 2 and 3 stories from the 2nd and 30th centuries quietly and peacefully. If people who don’t know see it, it’s like a quiet picture. , A peaceful and peaceful life.

And it is precisely in contrast to this peaceful life. On this short sand dune road, hundreds of venture capital companies are densely covered, and these venture capital companies control hundreds of billions of dollars in assets. People call it "Wall Street on the West Coast of the United States."

It is also on this miracle road paved with venture capital companies, Sequoia Capital is also among them, and is called its "legend in miracles."

Sequoia Capital is known as the strongest venture capitalist in Silicon Valley venture capital, and many venture investors call themselves their disciples.

......

Since its establishment in the 1970s, Sequoia Capital has embarked on a legendary journey in the venture capital industry.

Later generations have always used this to describe the performance of Sequoia Capital in the venture capital market: In the mainframe era in the 1970s, it discovered the PC pioneer Apple, thus opening the personal PC era;

When PCs were rampant in the 1980s, it once again discovered network equipment companies 3com and Cisco, laying a solid foundation for the Internet era;

In the 1990s, when computers were widely used, they discovered Yahoo and Google, which started the Internet wave, and was also one of the promoters of the Internet bubble.

The outside world often uses one sentence to describe Sequoia Capital: It has invested in more than 500 companies, more than 130 companies have been listed, more than 100 projects have been merged, acquired and successfully exited, and the total market value of investment in listed companies has exceeded the market value of Nasdaq. one.

It is conceivable that what Sequoia Capital means, in Li Feng's view, is really the God of Wealth of mobile.

Of course, because of the appearance of Li Feng, at least on Yahoo, Sequoia Capital has become less magical.As for Google and whether it will still be so god in the future, only God knows.

......

It is a pity that Li Feng doesn't know the influence of Michael Moritz in later generations. Otherwise, he might be staring at small stars. This is the true god of venture capital.

Michael Moritz, later known as one of the "Four Kings of Venture Capital", his representative work is investing in Yahoo and Google and has always been talked about.

Of course, because of Li Feng's existence, these may be greatly reduced in the future.

Perhaps the “four kings of the venture capital world” will become the “five kings” in the future. Who knows what kind of storm Li Feng this butterfly will bring up.

There is no doubt that for Yahoo and Li Feng, Sequoia Capital is definitely a giant.

Thinking of this, Li Feng couldn't help but bring a little excitement, and then smiled and said: "Mr. Michael, hello, I have long been known for the famous Sequoia Capital."

"Oh, isn't it, that is my honor." Watching Li Feng's praise of Sequoia Capital, Michael Moritz also had an expression of honor.

......

In fact, at this time, Michael Moritz had just made his debut in the venture capital industry, but he was not the man who was called the "four kings of the venture capital" in later generations.

Michael Moritz’s famous work is actually investing in Yahoo and Google.

In his previous life, at the beginning of 1995, Michael Moritz represented Sequoia Capital to invest 1 million US dollars in Yahoo, and obtained 25% of Yahoo’s shares, creating a value of billions of US dollars in future generations and creating thousands of times of profits. Cizhone became famous.

Not to mention the later Google, letting it have a solid reputation in the venture capital industry as the "four kings of the venture capital industry", after all, the real results are there.

Later, Michael Moritz was backed by Sequoia Capital. Although he is known as one of the four kings of venture capital, Michael is said to be the most famous one. Perhaps many people in later generations call him "the first person in venture capital." .