Chapter 547 There Are So Many Liars!
Chapter 547 There are so many liars!
Every penny of a business is money.
Often the money of venture capital companies does not come from strong winds, and they will not easily finance a company.
Nowadays, many employees of Future Capital have seen the investment proposals sent by those companies. In their opinion, they are basically rubbish and deceitful.
According to regulations, venture capital companies should do what they should do.
Preliminary screening: Based on the investment proposal submitted by the entrepreneur, the venture capital company conducts an initial review of the project and selects a few interested ones for further investigation.
Then, for investigation and evaluation, the venture capital firm will spend about 6 to 10 weeks investigating the investment proposal to verify the accuracy of the materials submitted by the entrepreneur and unearth important information that may have been missed.
While understanding the investment project from all aspects, we will analyze the management, products, technology, market, finance and other aspects of the investment project based on the various information we have to make investment decisions.
Furthermore, looking for co-investors, some venture companies generally seek other investors to invest together.
This can not only increase the total amount of investment, but also diversify risks.
Negotiate investment conditions. Once the investors 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 a preliminary investment commitment to the entrepreneur.
After Yang Ming got up.
Yuan Tianfan came back from get off work.
It was the predecessor of Oracle.
Nowadays, it is too difficult to raise funds in Silicon Valley and even in Country M.
...
Yuan Tianfan and Langdon came over, and they sent over a lot of information about the companies that wanted to raise funds, a thick stack.
Conner Manor has an outdoor swimming pool.
It may take half a month at the fastest, half a year, or even a year, or a few years at the slowest time. In some cases, the venture capital company may have already signed the contract and it is found that the company has deceived the venture company, and it would be very difficult to cancel the financing directly.
Something possible.
"Boss, there are more people sending investment proposals to our Future Capital Company today. They think our Future Capital really has too much money."
Now this company only has one order, and it is from the military, but it is suffering a huge loss.
Yang Ming asked them to send those materials to his study.
Here at Connor Manor, take a walk.
Yang Ming smiled and said: "This is normal. In country M, everyone desires wealth and financial freedom. However, this can only be achieved by those who are lucky or have strength. I will give you the information books you sent back this afternoon.
After reading it, I am more interested in one of the companies."
Yuan Tianfan was taken to the study by Lin Dezhong.
Yang Ming was not interested in these.
When he saw that the founders above were none other than Ellison and Robert, Yang Ming already knew who this company was.
Although some companies have different names after they are established and later after they are listed, they may have changed their names during the period, but I really don’t recognize them now.
If a scammer wants to defraud him of financing, it is simply impossible.
Judging from this information, Ellison seems to be really anxious.
It's RSI, the relational software company.
None of these company names were familiar to him.
"You can have those materials sent to me tomorrow."
There are a lot of scammers in country M. When country M has developed to this extent, there are endless scammers. As for them wanting to obtain financing from Future Capital, it is just a way for them to legally deceive.
This time it was mainly due to Future Capital's huge financing of Pingguo Company, which aroused the interest of many technology companies in Silicon Valley, and even in Europe and the United States, so that many companies now immediately sent their investment proposals.
Yuan Tianfan wrote it down.
In 1978, the company moved to Silicon Valley and changed its name to "Relational Software Inc." (RSI).
Today, Future Capital received more investment proposals. However, both he and Langdon felt that those people were here to cheat money.
Yuan Tianfan was busy until late at night.
Azhu, Zhong Chuhong, Lin Xiuzhi and others were following him.
Yang Ming is still in the study.
"boss."
In addition, Yang Ming did not know the founders of these companies.
However, He Chaoluo had already returned to school on Monday.
Have a night's rest.
Now that the weather is still so cold in the morning, Yang Ming cannot go swimming at the risk of catching a cold.
...
These have been sorted out, and there may be more that have not been sorted out.
In the afternoon.
Yang Ming spent the afternoon reading in the study.
He thought the boss had taken a break, so when he got out of the car, he learned that the boss was still waiting for him.
In fact, they also want to try their luck.
Yuan Tianfan said helplessly.
"How is the company?"
He found that there are many companies here, basically, they are all related to computers, semiconductors, etc.
When he looked through a company called Relational Software Company, also known as RSI.
In 1977, Ellison and his colleague Robert founded the "Software Development Laboratory". At that time, IBM published a paper on "relational databases", and Ellison used this to create a new database named Oracle.
In this case, if it is not supported by other financing or more orders, it can only go bankrupt.
After Yang Ming finished breakfast, he went back to the study.
The founders are Ellison and Robert Edward.
For the final transaction, as long as the facts are clear and the transaction conditions and details are agreed upon, both parties can sign the final transaction documents and the investment will take effect.
Yuan Tianfan went back to rest.
Yang Ming still remembers many of the famous companies in Silicon Valley. In his previous life, he and his mentor co-wrote the history of global science and technology, and he knew the development of Silicon Valley very well.
Yang Ming was waiting for these three people to arrive. They were impatient and submitted an investment proposal to Future Capital, which stated the future prospects of this company and so on.
However, it was called Oracle at first, and after moving to Silicon Valley, it was also called a relational software company.
Early the next morning.
In other words, the companies founded by these people either failed midway, or had no chance of development at all. In other words, even if they were given the opportunity to raise funds, they would only be giving away money in vain.
We drove back to Connor Manor that day.
It is precisely because of that that the venture capital companies in country M are very cautious, and they do not dare or cannot rashly provide venture capital to those companies.
8:00 am.
"Boss, that's a lot of information."
Yang remembered it.
Yang Ming took out the company information.
In addition, you can also take a walk in this manor and breathe the fresh air outside.
"Boss, what company?"
"Many people have seen those newspaper reports about Future Capital's huge financing of Pingguo Company, and many companies want to try their luck. We have received hundreds of investment proposals today, and our staff have already classified and evaluated them. "
That night.
"Just send me some simple information about the company."
In the summer of 1979, RSI released a commercial ORACLE product that could be used on DEC's PDP-11 computer. This database product integrated 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 got its first customer.
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