<h4><strong>Chapter 1033– Jensen Huang</strong></h4>
After finalizing the details of Gbox’s cooperation with Bill Gates, Microsoft sent a team to evaluate Aiwa Little Tyrant’s asset. At the same time, Feng Yu returns to San Francisco.
Feng Yu is not going to San Francisco to meet Sergey. Instead, he is going to meet a Chinese man, Jensen Huang.
Santa ra is a small city along with the San Francisco Bay Area. It is located in the center of Silicon Valley.
There is a smallpany in this city, and its small office is located not far from Google. Today, someone important will be visiting thispany.
“Mr. Feng, nice to meet you.” Huang Jensen said in mandarin. But his mandarin has a weird ent as he is a Taiwanese and had migrated to the US before he was ten.
“Nice to meet you too. Who are these two?” Feng Yu looks at the two Caucasians beside Huang Jensen.
“This is Chris, and this is Cutis. They are my partners.”
“Hi.” Feng Yu smiles as he shook their hands. These are all elites, and Feng Yu still need them to make money for him.
The two partners were surprised. They had never expected the World’s Second Richest man had visited theirpany and even shook hands with them.
When they worked with otherpanies in the past, thosepanies will normally send their number 3 or number 4 men to negotiate with them. All thosepanies had never thought highly of them.
But Jensen Huang told Chris and Cutis that this person in front of them was visiting them to tell them a piece of good news.
“Jensen, I am impressed with the three of you for setting up such a potentialpany. It is not easy.”
“What we had achieved is nothingpared to you.” Jensen Huang is not modest. Although he is not even 40 years old and is the co-founder and CEO of thispany,pared to Feng Yu, he is indeed nothing.
“Hahaha… let’s not talk about all these. My assistant had mentioned it to you. Have you discussed it with your partners?” Feng Yu is d to speak Mandarin overseas.
“Mr. Feng, your conditions are very attractive, and we are willing to ept. But we are unable to persuade those two Venture Capitalpanies, and they are pushing us to be listed.” Jensen Huang replied.
When Jensen Huang and his other co-founders started thispany, they epted investments from two Venture Capitalpanies.
But now, Feng Yu wants to acquire hispany and had promised to invest a significant amount of funds into thepany. Jensen Huang and his co-founders will continue to manage thepany, and Feng Yu will still reward them with thepany’s shares based on their performance. This is a better deal than the Venture Capital Companies.
Also, Feng Yu is a Microsoft Director, and also the Chairman of Lenovo Group. Theirpany will have better development if they can work with either of thesepanies.
The three founders of thispany discussed and felt they should ept Feng Yu’s offer. But when they speak to the two venture capitalpanies, they were rejected.
Those two venture capitalpanies knew all the businesses Feng Yu invested are all profitable. Since Feng Yu wants to acquire thispany, they will get much higher returns if thispany is listed.
The venture capitalpanies do not want to ept Feng Yu’s investment as their shares will be diluted, and none of Feng Yu’spanies are listed. If thepany is not going to get listed, they can’t recover their initial investments.
Feng Yu frowned. Companies that had epted investments from venture capitalpanies will have a use in their contracts to get thepany listed within a timeframe.
Of course, these venture capitalpanies included this use in their contracts to protect themselves.
Feng Yu understands why these two venture capitalpanies are doing this, but that does not mean he can ept it.
“Are those venture capitalpanies bigpanies?”
“Huh? No…, these two are small investmentpanies with assets less than 100 million USD.” This is inparison to Feng Yu’spany.
Feng Yu turns to Ralph, and Ralph immediately says. “Boss, I will contact them to buy the shares from them, and if necessary, we will acquire them. Huang, can you give me the contacts of these twopanies?”
Feng Yu nodded. Ralph had worked for him for quite some time and knew what to do even when he did not say anything.
Jensen Huang and his partners were shocked. Is this how the World’s Second Richest man does things? To acquire theirpany, he is willing to take over those two venture capitalpanies who own theirpany’s shares.”
But Jensen Huang and his partners were overjoyed, as this shows the confidence Feng Yu has in theirpany.
If Feng Yu cannot acquire theirpany, he will most likely acquire 3dfx or Canada’s ATI Technologies. This will limit theirpany’s development, and their shares will plunge after they got listed.
“Mr. Feng, you will not be disappointed with us. Our 3D graphics processors will catch up with 3dfx and overtake Canada’s ATI Technologies!”
Currently, 3dfx is the best in the graphics card industry, followed by ATI Technologies. Bothpanies are about the same standard, and Jensen’spany isgging behind them.
In terms of scale and strength, ATI Technologies had sold over 10 million graphics cards, and Jensen’spany had only sold slightly over 1 million.
“I trust you all, or else, I will not visit yourpany. The market value of yourpany is less than 100 million, and you all are trying to raise 300 million USD from the market to develop your new product. But 300 million USD is not enough. I will invest 500 million USD into thepany and do not need to get listed. I believe you all will not disappoint me.”
Jensen Huang and his partners are overjoyed. When Feng Yu’s assistant contacted them, they had not talked about the investment amount. But now, Feng Yu told them that he would invest 500 million USD for them to develop their new product.
Jensen Huang and his partners are confident that they can win those twopanies and be the industry leader!
“Good. After Ralph settled the shares issues with those two venture capitalpanies, the money will be transferred to thepany. I still have something on, and you all can carry on with your work.”
Jensen Huang and his partners walked Feng Yu out.
Feng Yu got into his car and looks at the signboard outside of thepany. Nvidia!
<i>Trantor’s notes:</i>
<i>Santa ra, California</i>