Rebirth 76: Industrial Internet Empire

"Valentin invested US$2000 million in the angel round?" Yang Mo asked in surprise.

Andy spread his hands and said: "Yes, Valentin made the right bet. In two months, Nvidia will be listed on the Nasdaq one after another with Amazon. Sequoia Capital holds 19% of Nvidia's shares, surpassing the founders." team and become the largest shareholder!”

"Andy, what is nvidia's current main business? Why is the valuation so high?" Yang Mo asked pretending to be casual.

Andy thought for a while and then said: "Nvidia's main revenue originally came from the game business, and Valentine took a fancy to their 3D image processing solution. After receiving investment from Sequoia Capital, the company's development was not smooth. Even facing the dilemma of bankruptcy, the technical team launched the riva128 graphics processor GPU when the company was in the most difficult time. It was this graphics chip that helped them get out of trouble!"

Yang Mo said thoughtfully: "Andy, is there any way to get a controlling stake in nvidia?"

"Nvidia is about to go public, and its valuation may exceed US$50 billion. Taking their controlling stake now is not a wise choice!" Andy said in surprise.

Yang Mo nodded and said: "It is indeed not a good investment opportunity, but Nvidia's research and development direction is exactly in line with the overall layout of Zhiyuan Group..."

Andy looked at Nvidia's financial report carefully for a while, raised his head and said: "Mr. Yang, I still don't recommend that you take control of Nvidia at this time. We currently only hold 6.45% of Nvidia's equity, and Sequoia Capital holds There are 19%, the founding team Jensen Huang 11.4%, Primo 3.7%, Malachowski 2.8%, the other shares are scattered in the hands of capital companies participating in financing. If we want to get the controlling stake, we must convince Valentin Transfer 19% of the equity he holds to us. If Valentin knew that it was your idea to control Nvidia, he would definitely open his mouth!"

Yang Mo chuckled and said: "Andy, why don't you talk to Valentine first! Let's see what conditions he can propose? Maybe he also wants to make a profit and leave!"

Andy grabbed the phone and dialed a series of numbers...

A burst of hearty laughter came from the phone: "Hello, Andy! Why did you remember to call me? Did you find any investment opportunities?"

"Don! Are you in Silicon Valley these two days? Do you have time to meet?"

"Okay! I'm on my way to the airport. I'll arrive at San Francisco International Airport in three hours. If it's convenient for you, can I go directly to your place from the airport?" Valentine agreed readily.

"That's great! I'll ask the driver to pick you up at the airport, then we'll see you in three hours?"

…………

"Andy, today seems to be a good day. I am very happy to get your invitation..." Valentin said somewhat sensationally as soon as they met.

"Tang! Let me introduce to you, this is Mr. Yang Mo of Zhiyuan Group. This must be your first meeting, right?" Andy introduced with a smile.

"Mr. Valentine, I have long admired your name..." Yang Mo smiled and stretched out his hand.

"Mr. Yang, there are rumors in capital circles that you are planning to terminate your contracts with Goldman Sachs and JPMorgan Chase? I wonder if Sequoia Capital has any chance of cooperating with Amazon?" Valentine asked straight to the point.

Yang Mo chuckled and said: "Abby Cohen promised to re-customize an IPO plan according to our requirements. We haven't talked about the termination of the contract yet, but thank you very much for being optimistic about Amazon!"

Andy also smiled and said: "Mr. Valentine is known as the God of Silicon Valley Investment! He certainly has his unique vision. Amazon's IPO will definitely be very successful!"

Valentine smiled bitterly and said: "Andy, in front of you two, how dare you claim to be the god of investment? Sequoia Capital suffered a lot at your hands during the equity changes in Cisco, Sun, and Oracle..."

"Tang, it's been so long! Are you still brooding about it? Otherwise, no matter if it's Cisco, Sun or Oracle, whose equity you want, as long as you ask, I can return it to you..." Yang Mo He said with sincerity.

Valentin laughed and said: "Cisco's equity is close to 6000 billion US dollars, and Sun and Oracle also exceed 2000 billion. You can't afford it even if you give it back to us, so we will just do it in a small way and invest in start-up companies. For example, participating in the IPOs of Amazon and eBay..."

"It is not impossible to participate in Amazon's IPO, but Goldman Sachs and JPMorgan Chase will not easily agree to terminate the contract! As for eBay, Zhiyuan Group and Qianhai Asset Management have a long-term and good cooperative relationship. I can lobby Mr. Li Heping to accept Sequoia Capital Strategic investment..." Yang Mo said after pondering for a while.

"Compared to eBay, Sequoia Capital is still more interested in Amazon's equity investment!" Valentine said straight to the point.

"Tang! Please forgive me for this. Zhiyuan Investment is nominally a holding company of Amazon. However, the ownership structure is extremely complex and involves the interests of many capital companies. We currently have no plans to accept new equity investments. Don't worry, this time The IPO is only for Amazon's North American business. In the future, the European business and the Asia-Pacific business will be listed on Nasdaq. When the time comes, I will personally invite you to participate in Amazon's IPO..." Yang Mo explained patiently.

Valentin spread his hands and said, "Okay! Please ask Mr. Yang to make an appointment for me with Mr. Li Heping from Qianhai Asset Management..."

"No problem at all! Li Heping still wants to give me this face, 10% of the equity, and a satisfactory discount based on the IPO valuation! How about it?" Yang Mo said with a smile.

"Mr. Yang, you made an appointment with me in person during your busy schedule, wouldn't you invest in eBay specifically for Sequoia Capital?" Valentin said with a suspicious look on his face.

Yang Mo laughed loudly and said: "I just like to deal with smart people, Tang! I asked Andy to make an appointment with you. I really have something to ask for. Zhiyuan Group is interested in getting involved in the game business and is preparing to invest in some companies involving 3D image processing solutions... "

"Do you want Nvidia's equity?" Valentine asked in surprise.

Yang Mo nodded: "Yes, due to various considerations, we do need nvidia's 3D image processing solution!"

Valentin pondered for a moment and then said: "Mr. Yang, a 3D image processing solution is not worthy of your personal appearance, right? The 19% of Nvidia shares in our hands is not cheap, costing more than one billion US dollars, just for a 3D image processing solution Plan? Isn’t this reason a bit far-fetched?”