Chapter 1200 Two lunatics(1/2)
Zhou Buqi now has the most suitable time to start taking action against Tesla.
In his previous life, Musk almost went bankrupt this year.
Its two major companies, Tesla and SpaceX, are short of money. Without the injection of funds, they will be doomed. But under the financial crisis, it is really difficult to find venture capital.
Musk is also a very rich man. He has mortgaged all his assets, plus the cash flow from his personal account, which amounts to about US$21 million. This is a large amount of money, but it is not enough for his two companies.
.
If we want to save, we can only save one family at most.
Musk didn't sleep for several days, thinking about this matter.
The palms and backs of your hands are all flesh, which one can you give up?
I can’t bear to part with it!
Then, he made a very bold decision to split the money into two and injected it into two companies respectively.
This scared a lot of people.
For this kind of R&D-oriented company, this amount of money is simply not enough. It would be great if it can save one company. If they are separated, it is very likely that neither company can be saved!
But Musk is unwilling to give up, saying that he wants to die together and live together!
On the one hand, this money is injected into the two companies respectively so that Tesla cars can continue to be produced and SpaceX rockets can prepare for the next launch. Maintain the basic operations of the two companies.
On the one hand, he was looking for investment everywhere like a madman.
SpaceX is a fantasy, and it is impossible to find venture capital for this company.
Musk knew what he was doing, so he could only publicly complain and express his curiosity about the universe and his belief in aerospace engineering. On the other hand, he was crying and looking for venture capital everywhere, hoping to raise funds for Tesla.
This was all two months ago.
I searched and searched, but found nothing.
Tesla wants to subvert the entire automobile industry, but has been unanimously suppressed by traditional car companies. They all regard Tesla as a life-or-death enemy and constantly mobilize the media to discredit Tesla cars.
Musk is even described as a psychopath walking on the edge of madness and an unprecedented super liar in the business world.
Coincidentally, several SpaceX rocket launches failed.
It simply confirmed everyone’s guesses.
He's just a crazy idiot!
Who dares to invest in him at this time?
Under the pressure of corporate life and death and public opinion, Musk is really going crazy.
It wasn't until Christmas that Musk suddenly received an unexpected call from NASA. The longing for Mars he had shown in the media during the past period finally had an effect, and he moved the big bosses at NASA.
He received a super order worth $1.4 billion from NASA.
This time, spacex is saved!
Then he withdrew the money injected into SpaceX and injected it into Tesla, and then Tesla was saved. A year later, the global economy improved, the rocket was successfully launched, and Tesla successfully obtained the final approval before going public.
A round of financing.
It can be said that if Zhou Buqi were two months later, Tesla would have missed him.
Now is the darkest time in Musk's life and the best opportunity.
Zhou Buqi was not in a hurry. He first waited for Sister Chen Ran who came from Los Angeles, and then went to meet Musk together. Together they visited the R&D center, workshops, intelligent robots, and hundreds of Teslas that had already left the factory.
car.
"I want to buy a car."
"No, I'll give it to you."
It’s just a car. No matter how short of money Musk is, he can’t even afford to give away a car.
Zhou Buqi smiled and said, "You haven't heard my quotation yet."
"Um?"
Musk was stunned for a moment, hearing something behind his words.
Zhou Buqi said simply and neatly, "200 million U.S. dollars, is it enough?"
As soon as these words came out, Chen Ran's expression changed drastically and he quickly said: "Mr. Zhou, you are excited. Didn't you establish a long-term advisory agreement on asset acquisitions and acquisitions with Goldman Sachs? You should ask them for help with this kind of thing."
Zhou Buqi said: "No need, I am optimistic about this business and I like this car."
"Mr. Zhou..."
"Okay, I've decided."
Zhou Buqi waved his hand and interrupted Chen Ran.
She is not a thoughtful manager and does not need to help him make some financial management suggestions and strategic arrangements. She is a financial expert at PricewaterhouseCoopers. Her job is asset management, financial auditing, and doing some things as required by her employer.
Financial business processing.
To put it bluntly, she is a senior accountant, responsible for collection and payment, not investment projects.
For investment in Tesla, you must find a specialized investment bank to handle it.
Even if you hire Goldman Sachs, it will cost you US$1 million in consulting fees. Through its professional capabilities, Goldman Sachs can obtain the maximum rights for the employer that far exceed this US$1 million.
This time, Zhou Bu went his own way.
This is Silicon Valley, unlike Hollywood, it's not that troublesome.
The first is that he believes in Tesla and cannot miss it;
The second is to involve Goldman Sachs, which is too inefficient and tedious.
Zhou Buqi is a good man. Musk is almost crazy with anxiety. We must quickly let him get over the current difficulties. Don't set up any messy obstacles. Since it is a timely help, give it generously and give it to him.
Leave a good impression on the other person.
Several people went to Musk's office.
Musk provided investment tables for previous periods——
In May 2006, Series C financing, US$40 million;
In May 2007, D round financing, US$45 million;
In February 2008, E-round financing, US$40 million.
The money is spent really quickly.
At the same time, we can also see a phenomenon. Last year, Tesla’s market was bullish, and it received more financing, with a valuation of US$750 million. In February this year, Tesla’s D-round financing only received
US$40 million, valuation of US$650 million, less than last year...
It can be seen that at the beginning of this year, the market's view of Tesla changed and the market went down. Now that the financial tsunami has broken out, it is even worse.
"Zhou, I only need 50 million US dollars."
Musk doesn't want to dilute his stake too much.
He has great confidence in Tesla.
As long as you overcome the current difficulties, you can easily obtain financing in the future.
Zhou Buqi said: "50 million US dollars is too little. This is a big business that changes the industry and even the world. It's impossible without enough money."
While Musk asked his secretary to find him more specific financial documents, he quickly explained to him, "Zhou, the financing amount of US$200 million is too high, and it will not be easy for the board of directors to pass it..."
Zhou Buqi wouldn’t believe it.
Tesla is almost dead.
Once it dies, all the investments in the past will be in vain. Now there are people who are willing to continue throwing money into this mud pit. It is not too late to be happy.
"No need to look for it, I don't look at financial documents." Zhou Buqi stopped his arrangement, "Elon, you may not know me very well. I personally have no interest in small businesses. If it was just a $50 million business, today
I won't come over at all."
"Well……"
Musk twitched the corner of his mouth.
Everyone in the world said he was a madman, but today I saw an even more maddening madman.
Zhou Buqi waved his hand and said without any doubt: "I'll propose a plan. If you think it works, we'll sign the contract. If it doesn't work, forget it. I'm not interested in small business."
Chen Ran sat aside, feeling very complicated.
In the past few years, she has served more than a dozen rich people, many of whom are super rich with billions of dollars. A lunatic like Zhou Buqi who does not regard money as money and would rather spend more than spend less is still a lunatic.
First time meeting.
Keep the money in your hand, is it hot?
Do you have to wade through muddy waters, even if you pay less?
This young man is really different!
To be continued...