But Michael Moritz didn't expect that before Zheng Yan said anything, Bill Miller jumped out first. However, he had to admit that what Bill Miller said was true. Although Apple's market value is not low at present, no profit has been generated.

Looking at Michael Moritz with embarrassment on his face, Zheng Yan sighed in his heart that Bill Miller's interruption was a masterpiece. But no matter what, Apple's shares still have to be obtained.

"Mr. Moritz, you have seen it, and it is obvious that your conditions are not very sincere."

Just when Michael Moritz was feeling desperate, Zheng Yan continued to speak: "However, I just said that I am interested in any Internet company, including Apple now. Mr. Moritz might as well talk about his conditions."

Hearing Zheng Yan's words, Michael Moritz felt that his experience just now was like a roller coaster ride, rising and falling. At the same time, he was also wondering, since Bill Miller could not see it, could Zheng Yan not see it?

Or, as Zheng Yan said, he was just interested in the Internet industry? He even ignored the situation of the company itself? In the past, investing in Cisco and Oracle was just a blind cat to meet dead rats. Michael Moritz thought about it, but there was no answer.

"Mr. Moritz?"

Just when Michael Moritz was in a daze, Zheng Yan began to worry again. For Zheng Yan, the apple shares in Sequoia Capital are like cooked ducks, and they must not be allowed to fly.

"Oh, sorry, I was thinking about something just now." Michael Moritz, who came to his senses, continued: "Since Mr. Zheng is interested in Apple's shares, we have a foundation for cooperation."

"At present, Apple's market value is about 3.7 billion US dollars, and we, Sequoia Capital, hold 8.4% of Apple's shares. If Mr. Zheng is interested, we can transfer it to Mr. Zheng at the market price. In exchange, Mr. Zheng gave up part of Yahoo shares to Sequoia Capital."

In fact, Michael Moritz thinks that as long as Zheng Yan is willing to take over Apple's shares, will Yahoo's shares be less likely to be able to get them.

So important.

In the past few years, as Apple's personal computer market has been shrinking repeatedly, Apple's market value has also declined. If it were just a small shareholder, Sequoia Capital would have taken action, but unfortunately they have a lot of shares and have never found anyone willing to take over.

Now that Zheng Yan, the "snapper" who is obsessed with Internet companies, if he doesn't seize the opportunity, Michael Moritz feels sorry for Don Valentine's respect. Therefore, he has not added any moisture to the price of Apple shares.

When Michael Moritz was secretly proud, Zheng Yan was even happier. He won 4.6% of Apple shares from him because of his bet with Bati Morris. If he added 8.4% of Sequoia Capital, it would be 13%.

Thirteen percent may not be Apple's largest shareholder, but it is also one of them. Since meeting Jobs in San Francisco, Zheng Yan has thought of speeding up his return to Apple. As long as the deal with Michael Moritz is reached, it will be one step closer to this plan.

"Mr. Moritz, how many shares do you want to get from Yahoo? As long as it is not too outrageous, I think this transaction can still be carried out."

"How about 20%? I am willing to pay 20 million US dollars for this. Mr. Zheng is equivalent to getting 20% ​​of Yahoo's shares without spending a penny. You should know that no matter how good Yahoo's development prospects are, there are inevitable risks before it succeeds, and Mr. Zheng is equivalent to no risk."

Twenty percent? Zheng Yan thought to himself that 20 percent is equivalent to more than 20 billion US dollars. This business will definitely not be a loss in the long run, but for the moment, it is a loss of blood.

Yahoo will rise in a few years, but Apple will have to wait for more than ten years. With these ten years, Zheng Yan can completely obtain Apple's shares through other channels. Not to mention anything else, the Nasdaq collapse in a few years is a good opportunity.

"Mr. Moritz, if this is the case, I can only express regret. Although I am very interested in Apple's shares, I am more optimistic about Yahoo's development in comparison. And I believe that in a few years, Yahoo will leave Apple far behind.

behind."

"As for Apple's current situation, as long as I want, there are a lot of people who are willing to sell their shares to me. And Yahoo shares, you'll be polite, except for me, you can hardly get them through other channels, so..."

Zheng Yan felt a little anxious. Now that Apple's stock price has not reached its lowest point, he still has enough time to find a way. However, the Yahoo shares he has almost no possibility of increasing again.

"Mr. Zheng, you really don't think about it anymore?" Michael Moritz was very disappointed with Zheng Yan's answer, but the more Zheng Yan valued Yahoo's shares, the more he wanted to get it.

"No, however, Mr. Moritz can listen to my conditions. If Sequoia Capital wants to sell its shares in Apple, I can still take over and acquire it at a premium of 10%. Mr. Moritz should be clear that no one will give a higher price except me."

After having no desires, Zheng Yan became much more calm.

"Mr. Zheng, if Sequoia Capital exchanged all its Apple shares for Yahoo shares in your hands, would Mr. Zheng agree?"

"No!" Zheng Yan shook his head and said.

Zheng Yan knew that this was not a condition offered by Michael Moritz, but a test from the other party. He wanted to get some information from himself, but Zheng Yan didn't mind this.

"I understand, it seems that I did miss a good opportunity." Although I don't know where Zheng Yan came from, Michael Moritz was still full of regret. But he didn't know that this kind of regret was just beginning.

"Mr. Zheng, I am willing to transfer Apple's shares to you, just as you said. Just treat it as making friends, hoping to have opportunities to cooperate in the future."

Michael Moritz thought about it. Although Yahoo's shares are not a good idea, it seems good to get rid of Apple, a hot potato. At least this trip has gained. As for Yahoo's shares, I will think about it slowly in the future.

Zheng Yan didn't expect that even in this situation, Apple's shares were still in his hands. He was happy and a little scared. Fortunately, he just resisted the temptation, otherwise the loss would have been great.
Chapter completed!