Chapter 256: Just a Businessman
"Now that the work of the coastal power plant has been straightened out, it is time for us to start the equity reform... ”
In the office, Arthur smiled at Angela and Corinna sitting across from him and said, his fingers tapped lightly on the desk, and continued to smile: "I believe that the outside world has received the news that we are promoting the listing of the power plant, and it is time to release a part of the equity to attract some investors." ”
"So, boss, how much valuation are you going to give up and how much equity are you going to give?" asked Corinna, the CEO of the power plant, with particular concern.
"Based on the initial size of 750 million pounds, I only keep 50% of the equity, 20% of the IPO, and the remaining 30%, except for the 5% of the equity left for the internal digestion of the power plant, the remaining 25% will be used for external sales. ”
Arthur said the plan he had thought of a long time ago, although his plan was a bit taken for granted, after all, he had just spent 400 million pounds to buy a power plant, and in less than a month, he was going to attract investors with a price that doubled its value, which was simply a money grab, and I was afraid that as soon as the news was released, he would become the target of ridicule.
You will definitely be ridiculed as a fool who wants to go crazy for money!
Yes, Arthur is crazy about money, but he absolutely believes that someone will be willing to pay this money to be the big one.
Just as Arthur imagined, hearing the figures she quoted, Corinna was directly speechless, this kind of price, does the boss want to sell the equity? This kind of price will undoubtedly scare away sincere investors, nothing else, too expensive!
"Boss, isn't this price... ”
"Too expensive?" Before Corinna finished speaking, Arthur asked with a smile, looking at Corinna with a puzzled look and nodding her head, but without waiting for Corinna to continue asking, Arthur looked at Angie on the side and smiled: "Do you also think it's expensive?"
Angela smiled and shook her head, glanced at Corinna who was full of doubts, and smiled at Arthur: "This valuation is a normal valuation, with the recovery of the world's major economies, high-quality assets that were previously undervalued for various reasons will usher in a rebound period."
At the scale of the factory, it is not a problem, and investors who are really interested will not care, but only 25% of the equity sold to the outside world may not be able to satisfy the appetite of some people. ”
"At this point, I can't help it, I have to hold the absolute half, I don't want to be occupied by the dove, and finally kicked out by those investors, so, the absolute controlling stake is fundamental, and there is no negotiation in this matter!"
Arthur looked at Angela and Corinna with a serious expression and sharp eyes, and said in a firm tone.
The game between founders and capital is not a topic that exists, and the founders of many world-renowned companies have not escaped the fate of being kicked out by capital.
Many entrepreneurs or entrepreneurs, when they need to expand their scale with the help of external capital, will face the result of dilution of equity, and even be kicked out by investors in the end. For the founder of a company or product, the saddest thing is to be swept away by his own business.
Angela and Corinna glanced at each other, fully understanding the concerns of the young boss, after all, the entrepreneur Yu uses capital to make the company grow, and capital may also use the loopholes in the shareholding structure to get the founder out, the two are both a cooperative relationship and a game.
However, as the person in charge of the enterprise, when the enterprise reaches a certain stage of development, how to define their role, and how to properly have the right to speak and make decisions, for most entrepreneurs and entrepreneurs, they are not in place.
If a startup wants to expand and develop rapidly, it must bring in capital, and as long as it raises capital, it will inevitably dilute the founder's control over the business. This is also a fact and a price that entrepreneurs must accept.
Especially like the coastal power plant, not long after being acquired, it is necessary to urgently carry out equity reform and strive for listing, plus the boss is so young, once the financing begins, maybe a group of hungry wolves will be introduced, if you can't occupy the absolute initiative, it is not impossible to be devoured.
Arthur, who is aware of these shortcomings, naturally will not make such a fatal mistake, as long as he holds an absolute half of the equity, no one can turn the sky upside down!
"Tonight's cocktail party in the energy industry, in addition to the British local energy companies, there are also some investment companies from other countries will also attend, especially the British energy, basic industries are very interested in the Celestial Empire, Australia, Canadian investment institutions will be present.
Maybe we can reveal the rumors in advance and see how they react, and to be honest, the time was really too rushed, which cost us a lot of preparation time, and once we get to the negotiating table, we will have to make concessions if we want to get a cooperation agreement. Angela looked at Arthur with a slight frown, and said helplessly.
"It's normal to make concessions on business and price, and the valuation of 750 million pounds is just what we think about, and we will naturally not recognize others, but even if it is 600 million pounds, for us, it is a profitable business, so that our capital Barclays Bank will also let go of worries and concerns. ”
Arthur still uses the coastal power plant, which was originally obtained by borrowing chickens and eggs, as a pry board, and uses a series of operations to pry his ambitions in the energy industry.
"Understood. Knowing what the young boss meant, Angela and Corinna nodded at the same time.
"Angela, is there any new movement in the Muzi family consortium in Herijiang, which I asked you to pay attention to?" Hearing Angela mention the other guests at tonight's cocktail party before, Arthur's mind immediately flashed the Muzi rich man who was 'just a businessman'.
"Boss, the results of the investigation are really as you guessed, if it weren't for our acquisition action fast enough to preemptively sign a letter of intent with the original coastal power plant, we might run into this Muzi consortium as a competitor, and their family's Feldspar Group does have the idea of eating the 49% stake in the coastal power plant.
It's just that when we started, they just had a meeting to study it, and then after we announced the full acquisition of the coastal power plant, they didn't seem to give up, and they called to consult the coastal power plant. Angela said, looking at Corinna on the side.
"I did have a consultation, but at the beginning, all the attention and energy of the company was spent on the boss and your negotiation team, and I didn't pay attention to it, thinking that I just wanted to find out business news. Corinna explained.
"Hmm. Arthur nodded solemnly, he was lucky this time, he didn't run into the wealthy Muzicheng, otherwise, he would really be crushed, but knowing that this Muzicheng would almost buy half of Britain in the future, as long as Arthur's energy plan remains unchanged, sooner or later it will be encountered, and it is almost impossible to say that there is no pressure.
"Will the people from the Feldspar Group also attend tonight's cocktail party?"
“。。。 This is really not clear. Corinna glanced at Angela, saw Angela shake her head, and then spoke.
"Ask clearly. Arthur said as he looked at Corinna.
"Okay, I'll find someone to check it out later. ”