Chapter 729 Sequoia's Sincerity

She took out a test report from her pocket and handed it to him.

"Look."

Xu Liang had seen many similar reports, but he was still a little curious.

He took it and looked at it.

She was pregnant indeed.

But we don't know the gender yet.

"Haha, not bad. Xinmei, tell me, what reward do you want?"

"Xinmei doesn't want a reward. Xinmei is willing to give birth to Xu Jun's child."

Futian Xinmei's pretty face was full of tenderness and infatuated love.

Any man who sees a beautiful woman so infatuated with him will feel a strong sense of satisfaction and pity in his heart.

Xu Liang is no exception.

"Rewards should still be given, you don't need to worry about the details. When the child is born, you will see it."

"Yeah."

Futian Xinmei nodded vigorously.

"Xu Jun, Xinmei is pregnant. The doctor said that you should be extra careful in the first three months of pregnancy, so I'm afraid I can't serve you with Yamei."

"It doesn't matter. Everything will be discussed after you give birth to the child."

After being intimate with the two women, it was noon.

After lunch, it was three o'clock in the afternoon.

Looking at the middle-aged man who got out of the car, Xu Liang greeted him with a smile.

"Mr. Moritz, I have heard of you for a long time."

"Mr. Xu, you are welcome."

He glanced at the huge yacht in front of him.

"I am afraid that all American reporters did not expect Mr. Xu to be here."

"I am afraid that I can't hide here for long in front of the omnipresent American reporters. ... Please come in."

"Please."

The yacht that Xu Liang rented was more than 3,000 tons. Although it was not as big as those big guys that cost hundreds of millions of dollars and tens of thousands of tons.

But it was enough to swing around in San Francisco Bay twice.

The interior was also very spacious.

The living room alone was more than 100 square meters.

"Mr. Xu, I personally agree with your speech at the investment reception three days ago. The future is the era of the Internet."

"Thank you."

"We at Sequoia Capital have always been committed to discovering and nurturing Internet and high-tech companies, which can be proved by Sequoia's past investment experience.

Therefore, we have similar investment philosophies with Hanhua Capital.

So I think we should have more cooperation in investment."

Looking at Michael Moritz's impassioned speech, Xu Liang vaguely understood something.

"Sequoia plans to enter the Chinese market?"

While being surprised at 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.

Hanhua is the overlord of China's venture capital market, and our Sequoia Capital is the leader of the US venture capital market.

We can definitely cooperate.

With Sequoia's rich experience and connections accumulated over the years, coupled with the reputation of Hanhua and Mr. Xu, no company can refuse us."

Xu Liang smiled slightly, "Mr. Moritz, just yesterday, Mr. John Doerr, the founder of Kleiner Perkins, also said the same thing to you."

"Mr. Doerr is a very good investor. It is not surprising that he can think of a way to cooperate with you to enter the Chinese market.

But I believe Sequoia is more suitable for you to cooperate with than Kleiner Perkins."

"Why?"

"Because I brought Sequoia's sincerity to cooperate."

As he said, Michael Moritz handed over the document in his hand.

After Xu Liang took it and took a look with curiosity, he was quickly attracted by the content inside.

Seeing his performance, Michael Moritz couldn't help laughing.

Then he spoke.

"PeopleSoft is the world's second largest enterprise application software company and the largest mid-market solution provider, with annual revenue of more than $2.8 billion and business relationships with 11,000 customers in 150 countries.

But in 2004, it was acquired by Oracle for $10.3 billion.

After Oracle acquired PeopleSoft, it laid off 5,000 employees from the company with 11,000 employees within a month..."

Xu Liang looked at the information in his hand, his thoughts churning.

Although he didn't like Larry Ellison.

But this guy is indeed a character.

He is ruthless and good at scheming.

The entire history of Oracle's development is a history of mergers and acquisitions, and it has acquired hundreds of companies.

Every acquired company is laid off, cleaned up, integrated, and completely integrated... repeating a whole set of processes.

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 re-recruited the old PeopleSoft employees who were fired by Oracle and founded a company called 'Workday'.

It is still the business with the most experience of the original PeopleSoft: providing human resources technology solutions for corporate customers.

In order to crush this competitor, Oracle not only suppressed the new Workday with a low-price strategy in the sales market, but also kept spreading rumors in the venture capital market to hinder Workday's financing.

Larry Ellison even told the market: Whoever helps Workday is Oracle's enemy."

Michael Moritz was paying attention to Xu Liang's expression while talking.

After all, everyone knew that he and Ellison didn't get along.

If this emotion can be stirred up, then Workday will have a greater chance of getting investment, and the two sides will have a greater chance of joining forces.

Xu Liang put down the information.

"Although I hate Ellison, I don't care about his threats.

But how do I know that this Workday company has prospects?"

"This is the due diligence information on Workday done by Sequoia Capital."

Moritz took out another thick document and placed it in front of Xu Liang.

Compared with the previous one, this document is undoubtedly much thicker.

Xu Liang couldn't finish reading it for a while.

"Sequoia is going to invest in Red Yesterday?"

Moritz nodded, "To show sincerity, we can let Hanhua invest in this project. If you want to take it all, we can agree."

Xu Liang smiled, and it can be known from this answer.

This "Workday" is not valued much within Sequoia.

Otherwise, who would be willing to push the fat meat out?

No matter how important cooperation is, it is not as important as making money.

"I can only give you an answer after I finish reading this document."

"No problem, then I'll wait for Mr. Xu's good news."

"I'll do it as soon as possible."

Xu Liang personally sent Michael Moritz off the yacht. Looking at the car going away, Lv Hui said.

"Mr. Xu, I always feel that this guy has bad intentions."

"Don't jump to conclusions, investigate first."

Back in the living room, he didn't rush to read the documents, picked up his phone and called Lin Junrui.

"Mr. Xu."

"Do you know a 'Workday' startup company that does enterprise software?"

"Are you talking about the company that Duffield, the former founder of PeopleSoft, just founded?"

"That's right."

"Mr. Xu, I've learned about this company."

Because the big boss doesn't get along with Larry Ellison of Oracle, both Hanhua and Hongmeng will pay attention to Oracle.

And Oracle's acquisition of PeopleSoft is so loud that it's hard not to pay attention.

"How is it?"

"It has some value, but it's not very high."

"Go on."

"After Duffield founded Workday, he recruited many of PeopleSoft's employees, which resulted in bloated staff and huge administrative expenses.

And because of Oracle and Larison's deliberate suppression, it was difficult for Workday to receive big orders."

After Workday was founded, it continued to recruit and absorb old PeopleSoft employees who were laid off by Oracle.

The company's cash flow was in crisis, and the product had not yet achieved great success, but a large number of employees who were eating idle meals were recruited, which created a heavy financial burden for 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 18.4 billion US dollars!

With the other party's status in the arena, combined with his unruly and vindictive character, many investment institutions dared not touch the bad luck, for fear of making enemies with this wealthy man.

Of course, this is also because Workday did not show enough value.

Otherwise, it would be another situation.

Xu Liang understood. He now understood why Sequoia was willing to share this company with him.

Is it obviously a chicken rib?

Xu Liang picked up the due diligence of Workday left by Sequoia on the table.

Looking at Duffield's name on it, he always felt like he had heard it somewhere.

"So you don't recommend investing?" Xu Liang continued with his mobile phone.

"Yes. Starting a business requires great energy and time. Duffield is already 65 years old, and he is already in his sixties. Even if he still has certain connections and experience, it is difficult for him to lead Workday to break through the siege of Oracle."

Lin Junrui's words were like a flash of lightning, splitting the chaos in Xu Liang's mind.

The founders of Workday are all legends. After being 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 US dollars, and reached a market value of 60 billion US dollars in the following years.

The reason why it can still get up where it fell is because it caught up with the technological wave. This company added a cloud computing concept to human resources software.

Of course, these are not the main points.

The key point is that Duffield's success made him the biggest entrepreneur in the venture capital circle.

It has also become a case of many investment institutions deceiving entrepreneurs.

He started a business at the age of 65 and rang the bell for listing at the age of 70. You are so young, why can't you do it?

Persist, persist, you will be the next Duffield.

Duffield is old, but he can still work hard. No, he can still succeed in starting a business. You are less than 40 years old, you have to stand up. ...

Xu Liang heard this kind of words countless times when he attended some venture capital institutions' cocktail parties.

It's just that he was reborn five years ago, and some things have been forgotten.

Now he was suddenly awakened, and some past events came to his mind again.

At this moment, Xu Liang was really moved.

"Please help me call the other party and say that I am very interested in investing in Workday."

"Mr. Xu, you..."

Xu Liang interrupted him with a smile, "I am very interested in any way to make Ellison look good, not to mention that 'Workday' may not be unsuccessful.

Anyway, let's meet and talk first."

"Okay."