Chapter 547 There Are So Many Liars!
Every penny in a business is money.

Often the money of venture capital companies does not come from strong winds, and they will not easily make financing for a company.

Nowadays, many employees of Future Capital see the investment proposals sent by those companies. In their opinion, they are basically rubbish and deceitful.

According to the regulations, venture capital companies, what to do or how to do it.

Preliminary screening, venture capital companies conduct initial review of projects based on investment proposals submitted by entrepreneurs, and select a few interested ones for further investigation.

Then, the survey assessment, the venture capital firm spends approximately 6 to 10 weeks conducting a survey of the investment proposal to verify the accuracy of the entrepreneur's submission and to uncover important information that may have been missed.

While understanding the investment project from various aspects, analyze the management, product, technology, market, finance and other aspects of the investment project according to the various information we have in order to make an investment decision.

Furthermore, to seek co-investors, some venture companies generally seek co-investment from other investors.

This can not only increase the total investment, but also spread the risk.

Negotiate and negotiate investment conditions. Once the investor and SME financing parties reach a consensus on the key investment conditions of the project, the venture company, as the lead investor, will draft an "investment term sheet" and make an initial investment commitment to the entrepreneur.

For the final transaction, as long as the facts are clear and the terms and details of the transaction are agreed upon, the two parties can sign the final transaction documents and the investment will take effect.

Back and forth, the fastest may be half a month, and the slowest may be half a year, or even a year, or several years.It is even possible that the venture capital company has already signed the contract and found that the company is deceiving the venture company, so it is very possible to directly cancel the financing.

This time it was mainly due to Future Capital's huge financing for Pingguo Company, which aroused the interest of many technology companies in Silicon Valley, and even Europe and the United States, so that many companies now immediately sent their investment proposals.

In fact, they also want to try their luck.

It is too difficult for Silicon Valley and even country M to raise funds now.

Yuan Tianfan was busy until late at night.

Drive back to Connor Manor that day.

He thought the boss had rested, got out of the car, and learned that the boss was still waiting for him.

Yuan Tianfan was taken to the study by Lin Dezhong.

"boss."

"How is the company?"

"Many people have read those newspaper reports about Future Capital's huge financing for Pingguo Company. Many companies want to try their luck. We have received hundreds of investment proposals today, and our staff have classified and evaluated them. "

"You have someone send those materials to me tomorrow."

"Boss, there are a lot of materials."

"Just send the simple information of those companies."

Yang Ming still remembers a lot of companies that can be called famous in Silicon Valley. In his previous life, he and his mentor co-wrote the history of global science and technology, and he is very familiar with the development of Silicon Valley.

If there is a liar trying to trick him into financing, it is simply impossible.

Yuan Tianfan wrote it down.

Yuan Tianfan went back to rest.

Yang Ming was still there in the study.

. . .

Take a night off.

Early the next day.

After Yang Ming got up.

Here at Connor Manor, take a walk.

Connor Manor has an outdoor swimming pool.

Now that the weather is still so cold in the morning, it is impossible for Yang Ming to swim at the risk of catching a cold.

In addition, you can also take a walk in this manor and breathe the fresh air outside.

A Zhu, Zhong Chuhong, Lin Xiuzhi and others followed.

However, He Chaojuan had already returned to school on Monday.

8:00am.

After Yang Ming finished his breakfast, he went back to his study.

. . .

in the afternoon.

Yuan Tianfan and Langdon came over, and they sent over a lot of information about companies that wanted to raise funds, a thick stack.

These are still sorted out, and there may be more of those that have not been sorted out.

Yang Ming asked them to send those materials to his study.

In the afternoon, Yang Ming read in the study.

He found that there are many companies in it, basically, they are all related to computers, semiconductors and so on.

None of these company names was familiar to him.

Although some companies have different company names after their establishment and later listing, they may have changed their names during the period, but I really don’t know them now.

In addition, there are also the founders of these companies, which Yang Ming does not know.

In other words, the companies founded by these people either closed down midway, or had no chance of development at all. That is to say, even if they were given the opportunity to raise funds, they would only be able to give away money in vain.

Yang Ming was not interested in these.

When he flipped through and saw a company called relational software company, or RSI.

When he saw that the founders above were Ellison and Robert, Yang Ming already knew who this company was.

It was the predecessor of Oracle.

It's just that it was called Oracle at first, and after moving to Silicon Valley, it was also called a relational software company.

The founders were none other than Ellison and Robert, Edward.

Yang Ming was waiting for these three people to come. They were impatient and submitted an investment proposal to Future Capital, which said about the future prospects of this company and so on.

Now this company has only one order, which is still from the military, but it is losing a lot of money.

In this case, if there is no support from other financing or more orders, it can only go bankrupt.

Judging from this information, this Ellison seems to be really anxious.

Yang Ming remembered it.

That night.

Yuan Tianfan came back from get off work.

Future Capital received more investment proposals today.However, both he and Langdon felt that those people were here to scam money.

There are a lot of scammers in country M. With the development of country M, those scammers emerge in endlessly. As for them wanting to obtain financing from Future Capital, it is just a way for them to legally deceive.

It is precisely because of that that the venture capital companies in country M are very cautious, and they dare not and cannot rashly invest in those companies.

"Boss, more people have sent investment proposals to our future capital company today. They thought that our future capital company really has too much money."

Yuan Tianfan said helplessly.

Yang Ming said with a smile: "This is normal. In country M, everyone desires wealth and financial freedom. However, this is only possible for those who are lucky or capable. The information books you sent back this afternoon After reading it, I am more interested in one of the companies."

"Boss, what company?"

Yang Ming took out the company information.

It was RSI, the relational software company.

In 1977, Ellison and his colleague Robert founded the "Software Development Laboratory". At that time, IBM published a paper on "Relational Database", and Ellison created a new database called Oracle.

In 1978 the company moved to Silicon Valley and changed its name to Relational Software Inc. (RSI).

In the summer of 1979, RSI released a commercial ORACLE product that can be used on DEC's PDP-11 computer. This database product integrates a relatively complete SQL implementation, including subqueries, joins, and other features.

The military of country M wanted to buy a set of such software to meet their needs, but after consulting IBM, they found that IBM had no commercial products available, so they contacted RSI.

So RSI finally had its first client.

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(End of this chapter)

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