Wind Rises 2005

Chapter 560 Everything is going well

Once Jennifer's temper got the better of her, it was Nick Woodman's turn to be embarrassed.

He has always regarded himself as a gentleman, but he has never been used to having sex with beautiful women, let alone what others say so convincingly that it doesn't sound like lies.

Could it be that [Dafeng Capital] is really so tough?
He has been in the Silicon Valley venture capital circle for seven or eight years, so why has he never heard of it before?

Nick Woodman has forgotten that this is all due to human nature.

Anyone who is determined to do great things will never talk about the most critical factor in his success.

He will only mention things that are insignificant, or things that make him look good.

Just like Ali Jackma, he has always talked about the difficulty of starting a business, but never talked about the underlying reasons why he was able to easily get on CCTV in the late 90s.

He would not even say that when Alibaba was still trying to show off, he could have dinner parties with the three portal bosses, Chaoyang, Sanshi, and Zhidong, at will.

Have you ever heard him mention why he still had money to keep struggling despite his failed entrepreneurship several times?

Another example is Wang Tao. After his success, he never mentioned a word about his professor Li Zexiang who saved [Dajiang] from life and death several times.

Not to mention there are countless Celestial Dragon bosses who never mention their extraordinary status.

Shanda Tianqiao is like this. He has never revealed to the media that he was a big boss in the system.

Not to mention the background that you could get 300 million US dollars from China.com just by opening your mouth.

This caused many ignorant young people to praise him as a model of self-made wealth.

All successful people want to make a fortune in silence. It is best for the outside world to know nothing about themselves, so that they can show off freely when speaking in public and bragging.

This is called human nature, and it’s the same for everyone.

Therefore, in projects that have been invested by [Grand Wind Capital], the founders will not publicize the benefits they get.

Even if these projects have initially formed a certain ecological connection and have shallow-level cooperation with each other, they will not expose themselves in the financial and venture capital media.

As for the low-cost advertising services provided by Twitter, they are enjoying it secretly and will not take the initiative to announce it to the outside world.

In the future, only their glorious side will be seen in the media, and even their closest friends will not disclose how much resources or assistance [Dale Capital] has given.

So how can Nick Woodman know whether what Jennifer said is true or false?

At this moment, facing the beautiful investor with an angry face, he didn't know how to continue the conversation.

But Jennifer is not as angry as she seems, she is also half-serious and half-acting.

If she couldn't even control this emotion well, how could she have been so successful during those years on Wall Street.

Seeing Nick Woodman's embarrassed expression, she said angrily: "Okay, let's see how difficult it is for you!
No need to get back to me now, I'll be in San Mateo for two days.

I believe that your Woodman family should have the strength to investigate whether what I just said is true. I am waiting for your good news at the hotel.

And I’m not afraid to tell you that the situation will change even more in a few months.

The longer time passes, the lower the valuation we will give GoPro in the future. This is not alarmist, nor is it affected by the economic environment.

But in a few months, [Dale Capital] will be different again.

At that time, more and more entrepreneurs will take the initiative to lower their valuations and seek financing from us. I can’t disclose too many specific details, but I am extremely convinced of this.

But what I can promise is that not a single word of anything I said was to deceive you. "

After saying that, she stood up and left, as if she disliked the other party very much, and refused to stay for another half second.

This is also a negotiation strategy. In many cases, you don’t need to push too hard, but retreating in order to advance can have very good results.

“Hey, don’t leave in a hurry!

Jennifer, how about we have dinner together tonight and let me do my best as a landlord..."

Nick Woodman panicked when he saw the scene and immediately spoke to save him.

Jennifer didn't even think about it, she just shook her head and refused: "I won't eat anymore, I still have a lot of things to be busy with.

The day after tomorrow at the latest. If I can’t wait for your reply, then let’s make an appointment again in three months.

But by that time, the valuation will start at least 1500 million, and it is still talking about going down, and it is impossible to shout up. "

"This" Nick Woodman suddenly felt that he was being grasped.For a moment, he really didn't know how to respond, but Haolai was also well-informed and would not be too impulsive. He would do whatever he wanted on the spot.

He decided to find someone to inquire before making a decision, just in case it was really true.

Didn't they promise to wait for him for two days? This time would be enough for him to ask for key information.

Jennifer didn't say another word of advice, she also knew that the other party couldn't really be a fool.

People always have to weigh the pros and cons before giving an answer, so she went directly back to the hotel and waited leisurely.

By the way, taking the time to have a meal with friends is like taking a vacation.

During this period, Nick Woodman not only mobilized all the resources of his family, but also made use of all the contacts he had accumulated in the venture capital circle over the years.

After some questioning, he fell silent.

Not only did Jennifer not lie to him, but the external financing environment was far worse than he thought.

Now that the subprime mortgage crisis is intensifying, it is not only difficult for GoPro to raise funds, but also for almost all startups in Silicon Valley.

Even Facebook’s Series C financing, which started last year, has not closed the window yet.

According to gossip, the strong rise of Twitter has severely hampered Facebook’s financing, which was originally backed by Microsoft.

Most institutions are waiting and watching, hoping to wait until the situation in the battle for the social king becomes clearer before deciding whether to invest. This makes Facebook’s Xiaoza very worried.

You must know that Twitter recently launched a personal homepage service similar to Facebook, which directly stole many of their users.

Although Xiaoza also wanted to imitate Twitter's products, he suffered from the fact that Facebook could no longer break through other people's moats.

Because a large number of well-known cultural and sports stars have already signed exclusive contracts with Twitter in advance.

In the next few years, these traffic experts will only be able to publish their latest personal news on Twitter, and will not be able to open pan-social accounts on other platforms.

To this end, Twitter will provide them with special technical services to allow them to have better interactions with their fans.

Now even if Facebook wants to poach people, cultural and sports stars may not be willing to agree.

Unless Xiaozha can help them pay the high liquidated damages, give them a large signing fee, and finally ensure that they can provide an equivalent number of fans.

People will just give it a little thought, but there is no guarantee that they will agree.

After all, it is not easy to accumulate so many fans on Twitter, and this is something that the agency has spent a lot of effort to achieve.

It’s not that easy to change platforms.

This makes it impossible to tell the story of Facebook, and it is understandable that financing is blocked.

If this is the case with Facebook, Nick Woodman would not think that GoPro would be so attractive that investment institutions would give it special treatment.

So he was not only silent, but also a little panicked.

Although he can survive asking his father for money, he is not a reborn person, and he doesn’t know how long it will take for the financing environment to improve.

Nick Woodman didn't even know that he only needed to survive for a year or two to get ahead.

He also didn’t know how much impact the advent of mobile Internet would have on GoPro and how much sales it would boost for the company.

Just because of Ma Liang's butterfly effect, this guy was several times more panicked than in his previous life.

Finally, after discussing it with his biological father, he finally made up his mind and asked Jennifer to meet again to inform him of his decision.

Originally, Nick Woodman requested a valuation of US$5000 million and raised US$2500 million in financing. Now it seems that this is just an unrealistic idea.

Now he can only accept the financing offer from [Dafeng Capital], which is valued at US$2000 million and sells 49% of the shares.

In other words, it was directly folded in half.

Jennifer immediately called Ma Liang to tell Ma Liang the good news, and was eager to take credit for herself.

When Ma Liang learned about the situation, he once again felt that this beautiful CEO was worth hiring.

Not only is there good news from Jennifer, but Fang Min's charity education action is also going well! ——
PS: I stayed up late and coded the update in advance today.

I have to replace it every day. I really can’t bear the support of my brothers. I’m sorry.

(End of this chapter)