My Age of Investment

   Chapter 1275 Cramps and skin

  Xia Jingxing was chatting with Reid Hoffman, Pincus and others when the phone in his pocket suddenly rang.

   He took out his phone and saw that it was Ricky Milner calling.

   "Ricky, what's the matter?"

   "I see, you take him to the reception room to sit, I'll be right over."

   Hanging up the phone, Xia Jingxing's face gradually darkened.

Reid Hoffman on the side of    was very good at looking at his face, so he didn't drag Xia Jingxing to chat with him again, and resigned with a few people very interesting.

   Xia Jingxing did not keep them, and after sitting alone in the conference room for a few minutes, he got up and walked towards the reception room.

   As soon as he entered the reception room, he quickly put on a smile, "Mr. Moritz, long time no see!"

   Michael Moritz, the head of Sequoia Capital, shook hands with Xia Jingxing with a smile on his face, "I heard that you are holding meetings for dozens of CEOs, didn't you disturb your work?"

  Xia Jingxing smiled and shook his head, "No, the meeting is over, isn't there a financial crisis now? We have to remind the invested companies to increase income and reduce expenditure, and don't starve ourselves to death."

   Moritz laughed, "You have a good idea, it seems that Sequoia also has to hold a CEO summit."

  Xia Jingxing smiled, is plagiarism so blatant?

   But then again, even if he didn't tell Moritz, today's meeting would soon be causing quite a stir in Silicon Valley.

  Although the VC fund of Envision Capital has not yet condensed the godhead at this time, it cannot hold back the halo on his head, and his words and deeds have attracted widespread attention in the industry.

   "Daren, I'm looking for you today mainly to talk to you about Airbnb.

   Last night, Graham from the YC incubator came to meet me with the three founders of Airbnb.

   I only listened to it for ten minutes and became very interested in this project. "

  Xia Jingxing glanced at the ceiling, he would not believe even a single punctuation mark if the old man said it.

As if he didn't see the ugly expression on Xia Jingxing's face, Moritz still said to himself: "When I heard that you met the three founders yesterday and decided on the spot to invest in Airbnb, I was very concerned about this rental house. The site is more interesting.

What kind of project    is, can make you look at it differently. "

   Moritz looked at Xia Jingxing with a smile, he was really interested in Audemars Piguet.

   Anyway, the investment amount is not large, Darren Xia's vision is worthy of trust!

  Xia Jingxing wanted to scold his mother, Sequoia was like a ghost that never left, and could run into him wherever he went.

  LinkedIn, Dropbox... They've bumped into cars with Sequoia countless times.

   "I saw that those three guys looked a lot like me when I was young, so I let them try their luck at Vision Capital.

   But since they came to you first, I'll leave this project to you. "

   Moritz asked with a smile: "Really?"

   "Really, take it, that quality in them doesn't quite match our investment values."

   Moritz smiled and said, "Don't blame the three young men, Graham said a long time ago that he would introduce them to me.

   Your presence disrupted our meeting plan.

  Graham immediately made a decision to arrange for them to meet with me in advance after hearing the news that the three young people had met with you. "

  Xia Jingxing smiled lightly, "I understand, you have always cooperated with YC, right?"

  Moritz nodded lightly, "Yes, just like you founded the Vision Entrepreneurship Incubator, Sequoia also needs some partner institutions to recommend excellent early-stage projects for us."

   Hearing this, Xia Jingxing roughly knew what role Graham played.

   If it wasn't for that guy's nosy thing, it wouldn't attract Sequoia's attention.

   "Daren, do you want to listen to my plan?"

   "You speak!"

   Moritz smiled, "These young people don't know the rules, but I do, so I came to you to discuss it, instead of signing the investment agreement ahead of you.

  Because we have a friendly agreement between us, we will work together for a win-win situation! "

  Xia Jingxing nodded lightly, "Okay, you continue."

   "My opinion is that half of our family's investment share in Airbnb!

   How much shares did Vision Capital originally hope to take? We let Airbnb unleash twice that amount of investment.

   In this case, you have nothing to lose, and Sequoia can also work with you to make this cake bigger.

  The more strength, the more hope of success. "

   Xia Jingxing understood, the old man proposed to let the blood of the entrepreneurs together and pass on the loss.

   "You are so sure that Airbnb's entrepreneurial team will agree to the financing conditions you proposed?"

   Moritz smiled and shook his head, "It's not me, it's us, we invest together, and they have no reason to refuse."

  Xia Jingxing thought silently for a few seconds in his heart, and I have to say that Moritz is very good at dividing the cake.

   "We want at least 20% of the shares."

  Moritz frowned and said: "It's too much, we add up to 40%, and the founding team has no motivation to work.

  If you want to be the CEO of Airbnb, then yes. "

   Xia Jingxing chuckled and said, "I don't have that spare time. Let's do it, we have two institutions and one 15%."

   Moritz nodded, "You can try."

   "Then it's settled."

  Xia Jingxing did not struggle too much, because Moritz's proposal was very much to his taste.

   He doesn't have much hatred for Moritz now. The other party put on a posture of negotiating something and went to the door to communicate on an equal footing.

   It was the founding team of Airbnb that really **** him off! A little ignorant!

   Under the circumstances that he promised so many benefits, he even bowed without paying his head, and used it as a bargaining chip to collude with Sequoia! It's just the opposite!

   At this moment, Xia Jingxing seemed to have forgotten how he played with venture capital back then.

   He made fake calls and made Andrew and Principal John bid each other up.

   The so-called **** decides the head, standing in the position of the entrepreneur, naturally it is the cooperation of the best.

  Envision Capital’s performance in Silicon Valley is still much worse than that of Sequoia.

   From the standpoint of Xia Jingxing, he naturally hates the behavior of entrepreneurs who are waiting for a price.

   It is possible that the three young people were also crippled by Graham, thinking that they could attract Sequoia and Vision Capital to bid, and they reap the benefits.

   Facts have proved that it is still too young!

  Moritz sold this group of people backhand, ready to join forces with Vision Capital to put pressure on Airbnb.

  Moritz has suffered a lot from Xia Jingxing, and he would not choose to confront Vision Capital without seeing the absolutely attractive prospect of interest.

  If Sequoia America dares to bully Envision America, Envision China will dare to continue to bully Sequoia China.

   "Oh, by the way, Darren, we still have to ask for the right to invest in the next round of financing."

  Moritz was more ruthless than Xia Jingxing, and was about to rip off Airbnb.

   Such a thoughtful suggestion, Xia Jingxing naturally had no reason to object, and readily agreed.

  If Airbnb becomes a situation like Uber and Didi in which the founders only hold a few shares in the future, they can’t blame others, but only the founders themselves. This is the price of jumping right and left.

   (end of this chapter)