Another point is that Xing Baohua has a private widow's fund.

Venture capitalists are experts at managing funds!

Where does their money come from? It comes from private sources, both overtly and covertly. All they have to do is give a shout: "We've got our eye on a project and we need money. Let's raise funds quickly; the returns are huge!"

Money comes in like hotcakes. That's what creditworthiness is all about.

Sequoia Capital thought that Xing Baohua's private fund, through the seven young masters, also wanted to enter the venture capital industry by raising money.

So, is it possible to collaborate? Or perhaps engage in cross-shareholding?

Sequoia Capital operates on a partnership model, emphasizing that everyone should share the profits.

The partnership model is also tailored to the individual, and it's clear that Xing Baohua's appeal has reached the standard for a partner.

Xing Baohua's business is one where he doesn't want the other party involved.

Even in the automotive industry, he's already established a solid foundation, despite the fact that his production lines are from the 1940s. Unless Sequoia Capital can bring him more advanced equipment and production lines...

Even Solomon felt it was difficult; could Sequoia Capital be even more powerful than them?

Hendricks said to Xing Baohua, "Mr. Xing, have you heard of Rodin cars? DMC-12?"

Xing Baohua shook his head, "I've never even seen him, let alone heard of him."

So this person gave Xing Baohua a general overview of the car model. Rodin was established in the early 1970s and went bankrupt in the early 1980s.

From its inception to its bankruptcy, the company produced only one car model.

Two engine options were used: a V6 with a moderate 170 horsepower and a V8 with only 270 horsepower. Both consumed a lot of fuel and were not fast.

It has the appearance of a coupe, but in reality it's no different from a regular car.

The only classic design is the two-door seagull wing.

It's eye-catching, which is good.

After listening to the introduction, Xing Baohua exclaimed, "Isn't this similar to Geely's Beauty Leopard sports car?"

You can drive a sports car for 100,000.

For those who want to drive sports cars but don't have the money, it's just a way to satisfy their vanity.

This is like showing off with a knock-off Apple product.

Furthermore, considering that the DMC engine has a large displacement, its price won't be low either.

Upon further explanation of the reasons for the bankruptcy, it was found that the costs were too high.

The core technology of the engine comes from China, and they even used rotary engines to make a batch of cars.

Rotor! It's no wonder it's dead.

So here's the question: Xing Baohua said he wasn't interested in these assembled cars. He had previously wanted to buy an AMC because they had core technology, and at least their engines had been tested in the market.

The DMC engine is from the country of the Rooster, so why would we need to acquire it? We can just buy the engine directly from the country of the Rooster.

Hendricks told Xing Baohua, "But their chassis technology is self-developed. I can help you obtain the chassis technology and the entire process."

This is what's so interesting. Neither Xing Baohua nor West Germany's AMG has its own chassis technology; they're still using Mercedes' chassis.

Xing Baohua is dealing with an overseas market! Chassis cannot be used haphazardly. Whether it's developing and debugging its own chassis technology or purchasing one, it will require considerable effort.

This was indeed quite appealing to Xing Baohua, but he couldn't just agree to it. He still needed to communicate with the people at AMG to see if the DMC chassis could be used.