NOVEL NEXT Chapter 4
The next day, 3pm.
A cafe in downtown New York City
“”Sorry, I kept you waiting for a long time because of the car race on the road.”
A bearded, square-faced, short-haired man walked in, sat opposite Su Chengyang, and said apologetically.
Looking at the”familiar” man in front of him, Su Chengyang smiled and said,”It’s okay, I just got here not long ago.”
He waved and ordered two cups of coffee from the waiter who came over.
“Mr. Su, I heard that you want to invest in Tesla?”After a few pleasantries, Musk saw that Su Chengyang was slow to talk about business, and couldn’t help but ask.
Upon hearing this, Su Chengyang put the coffee cup in his hand on the table, leaned back slightly, crossed his legs, put his hands on his knees, looked at Musk sitting opposite with a smile on his face, and nodded slightly:”I do have this idea. I think the research direction of your company is very interesting. If you can continue the research and come up with new ideas, once you break through materials and technology, I believe it will have a major impact on the world’s automotive landscape.”
“��OK, I heard that your company seems to be short of funds. If possible, I am willing to invest in this project.”
Musk was very happy to hear that Su Chengyang agreed with the prospects of electric vehicles.
Over the years, he has been moving forward under tremendous pressure, investing in electric vehicles, a project that the outside world does not think is promising. He once mortgaged and sold his house in exchange for money to invest in this project. He did produce some results and even prototypes, but the range and cost control issues resulted in the cars being too expensive and sales almost negligible.
Then the financial crisis broke out, which was undoubtedly a disaster for Tesla, which was already short of funds.
He approached many venture capital companies but was rejected.
Seeing that the crisis was lurking everywhere and he could no longer support himself, he received a call from someone who claimed to be from Oasis Investment Company, who wanted to invest in his project. This rekindled Musk’s hope and he readily agreed, and so the current meeting took place.
Suppressing the joy in his heart, Musk looked at Su Chengyang:”Mr. Su, how much money do you plan to invest?”
Su Chengyang raised two fingers
“”Twenty million?”
Musk tried to say.
Su Chengyang shook his head and said seriously:”It’s two hundred million US dollars!”
“200 million US dollars, 45% of Tesla shares”
“In addition, I am also interested in investing in your SpaceX project. How about 100 million US dollars and 30% of the shares? Of course, if you think the funds are insufficient, I can add more, but the shares will increase accordingly.”
As a technology fanatic, known as the future of mankind, Musk owns two baby companies, Tesla and SpaceX Space Exploration Company (rocket launch, Starlink network), one is a future automobile giant with a market value of up to one trillion US dollars, and the other has a valuation of one hundred billion US dollars before it goes public.
How could Su Chengyang, a reborn person, let go of such potential stocks?
As for brain-computer interface companies, vacuum maglev train companies, etc., these companies have not yet been born.
Whether it is Tesla or SpaceX, they are a mess at the moment and are not favored by capital.
In addition, with the outbreak of the financial crisis, the market value of many companies has plummeted, and a lot of wealth in the hands of capital has evaporated. Before the money was released to save the market, capital was short of money. During this period of time, it was not so easy to raise funds.
When Musk heard Su Chengyang say that he would invest 200 million US dollars in Tesla, he was very happy, but when he heard that he wanted 45% of the shares, he shook his head:”Su, as you said, Tesla is an excellent potential company. Although the company’s current financial situation is not very good, it does not need so much money.”
Su Chengyang raised his eyebrows and continued,”In that case, how about 23% of the shares for 100 million US dollars?”
Musk pondered for a moment and said,”Too much, the most I can give is 15% of the shares.”
15% of the shares?
Su Chengyang smiled.
He remembered that in his previous life, Mercedes-Benz invested in Tesla in 2009 and only spent 50 million US dollars to get 10% of the shares. That was after the financial crisis.
“Mr. Musk, I came here with sincerity.”
Su Chengyang put away the smile on his face and said seriously:”Although the Tesla project has potential, there are countless startups like this in Silicon Valley. Among a hundred startups, only two or three can succeed and survive.”
“Moreover, I believe that at present, few people are willing to invest so much money in Tesla.”
Musk looked hesitant.
He did not want to sell too many Tesla shares, fearing that he would lose control of the company. He also believed that Tesla’s future value was limitless. He thought it was a loss to sell 23% of the shares for 100 million US dollars.
Looking at the frowning and hesitant Musk, Su Chengyang said,”In addition, after the investment, I will not interfere in the operation of the company, and the board of directors will remain consistent and support your decision.”
Musk’s eyes moved slightly, and he was obviously tempted.
“Su, I have to say that the conditions you offer are very tempting, but I only plan to sell 20% of the shares.” After taking a sip of coffee and putting down the coffee cup in his hand, Musk looked at Su Chengyang and said,”In addition, SpaceX does not need so much money at present. If Mr. Su is interested, I can transfer 15% of the shares for 50 million US dollars.””
“In that case, I’ll take a step back and ask for 20% of the shares for $90 million.”
“SpaceX will do as you say.”
Su Chengyang thought about it and agreed to Musk’s conditions.
Anyway, he has made a lot of money.
“Mr. Su is really straightforward.” Musk stood up, stretched out his hand, and looked at Su Chengyang with a smile:”It’s a pleasure to cooperate with you.”
“Ha ha~~”
Su Chengyang stood up, shook hands and said with a smile:”It’s a pleasure to work with you.”
The two laughed, each getting what they wanted.
After reaching a preliminary agreement, Su Chengyang handed the rest of the work to the company’s investment team.
And he was planning the next goal.
During this period, there are too many potential companies to invest in.
For example, Netflix, the future streaming giant, is a target on Su Chengyang’s hunting list. Dragon
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