Jiang Hui came to the United States this time for SpaceX.

Korn Ferry Group has Twitter and Potato in the limelight in the United States, and it is still easy to contact Elon Musk, who is also from the Internet.

Although SpaceX is located in the suburbs of Los Angeles, Jiang Hui plans to go to New York first to hear a report from the U.S. office of Korn Ferry Investment and Finance.

In 2006, the Finance Department of Korn Ferry Investment achieved fruitful results, and Korn Ferry Investment also opened offices in Hong Kong and New York.

The people in the office are basically engaged in venture capital and financial investment.

Jiang Hui came to the New York office of Korn Ferry Investment to listen to their evaluation and valuation of SpaceX.

"Mr. Jiang, at present, Silicon Valley and Wall Street are not very optimistic about the development of SpaceX, and so far no startup has successfully launched a rocket, let alone wants to land on Mars."

Tim Lam, head of venture capital at Korn Ferry Investment's New York office, said.

As a Harvard top student who has been in both Sequoia Capital and Goldman Sachs, Lin Tiansheng, who is from Hong Kong, still knows a lot about the American venture capital circle.

"Just because no one has successfully done this kind of thing, once Elon Musk succeeds, SpaceX's valuation will inevitably rise", Jiang Hui also showed his views.

In the previous life, SpaceX's valuation exceeded $10 billion in 2015 and exceeded $50 billion in 2017.

It's a super unicorn company!

Elon Musk has been in contact with several venture capitalists recently, but none of them seem to be negotiating. That's why they're willing to negotiate with us this time."

Many times, funds are powerful, and when you see that you are good, you will be courteous, and you will have as much money as you want.

When the situation is uncertain or even not very good, they often hide far away.

"In Musk's eyes, SpaceX is definitely priceless, and it is difficult to reach a consensus on valuation."

"Yes, Musk has invested more than $100 million in it, and although most of that money has been spent, he now values the company at a whopping $500 million."

"Actually, I think he's worth $500 million."

"This valuation is very unhappy with many VCs, and they are only willing to give up to $300 million...... Ah, Mr. Jiang, what are you talking about?".

"I think he's worth half a billion dollars."

"But other investment institutions feel that the opening price of 500 million is too high, of course, if their rocket launch was successful last month, let alone 500 million, there are institutions that will consider doubling it."

"If SpaceX had been successfully launched last month, would you have anything else to do with us?"

"That's right, just as private civil aviation companies replaced the U.S. Army as the main force of civilian transportation, X can be regarded as responding to the response of the U.S. government in advance, and this kind of enterprise is often very cautious about accepting funds with Chinese background."

In the past two years, there have been rumors that US government officials have privately revealed that various private companies will be encouraged to build and launch a variety of spacecraft in the future.

NASA is even interested in chartering private spacecraft to send astronauts to the International Space Station in order to save money and carry out more "sophisticated" outer space exploration.

Still, there are concerns that the move could cost some space agency employees their jobs and reduce the government's "voice" in the U.S. space sector.

In fact, it can also be seen from here that companies like SpaceX generally do not accept Celestial Empire capital, and even if they enter under special circumstances, don't think about controlling it.

If it is really a controlling stake, it is not necessarily a blessing or a curse!

Wait until the day the rocket is successfully launched, not to mention that other investors will be jealous, and the US government will start to clean you up.

So it's actually a good time for Korn Ferry to invest in SpaceX.

Of course, the current SpaceX has not yet entered the real bottom, and when it fails to launch again next year, it will be the moment of life and death!

However, it's like buying stocks, you can't expect to always enter at the lowest point and sell at the highest point.

There are not such good things in the world, even if Jiang Hui has a golden finger, it is unrealistic.

Therefore, in Jiang Hui's view, it is now very suitable for Guanghui Investment to enter.

On the one hand, SpaceX has just experienced a launch failure, financing difficulties, and a strong need for funding.

On the other hand, SpaceX's current valuation is not high, of course, this means that it is not high in Jiang Hui's eyes, and it does not need to invest too much money to occupy a suitable share.

Jiang Hui never thought about controlling SpaceX, that was an unrealistic question.

You must know that what people are researching is rockets, proper high-tech, and sensitive two words.

Now as long as there are 30% shares, after being diluted in the future, they can also maintain more than 10%, Jiang Hui thinks it's okay.

It can be said that taking a stake in SpaceX is a practice of Jiang Hui's idea of dying on the moon in this life.

It's not entirely from the perspective of earnings, of course, even from the perspective of earnings, it is a very good choice to take a stake in SpaceX at this time.

You know, now Elon Musk's offer is only $500 million, and ten years later, the valuation has increased a hundredfold: $50 billion!

A proper high-yield project!

"So we invested when people just failed to launch, which is a relief for Elon Musk, and it is not such a tight moment for US regulators."

"That's true, but the $500 million valuation is really not that low, and the most important thing is that no one believes they can succeed at the moment."

"I believe, I believe they can succeed in the end."

Jiang Hui believes in SpaceX so much, of course, because of his prophet and knows that he will succeed.

However, in fact, SpaceX's success is also traceable.

As can be seen from the composition of its staff, there are many talents from high-tech companies, and even many former employees of NASA work for SpaceX.

Coupled with the fact that the United States is officially encouraging private capital to enter this field, SpaceX's success is basically a matter of time.

Maybe some venture capitalists don't fail to see this, but for them, they can get more shares at a lower price when SpaceX enters a more difficult time.

Capital is greedy!

"Since Mr. Jiang has identified SpaceX, let's discuss how to get their shares at a lower price", Lin Tiansheng saw Jiang Hui's ambition for SpaceX, and no longer persuaded him.

"Yes, but I think the first thing we need to consider is which company to invest in to reduce the risk in the future as much as possible."

Jiang Hui is worried that entering the market directly in the name of Guanghui Investment may be too eye-catching in a few years and will be targeted by US regulators.

"Mr. Jiang, we have already thought about this. We have two proposals, one is to take a stake in the name of Twitter, and the other is to take a stake in the name of an offshore company."

"Twitter", Jiang Hui thought about it for a while and quickly made a decision.

Twitter is an Internet company registered in the United States, although the United States officially knows that this is a Celestial Empire company, but after all, on the surface, its shares are dispersed, and Twitter is already a well-known enterprise in Silicon Valley, and it is natural to invest in SpaceX.

If it is in the name of an offshore company, it cannot be completely confidential, but it is a bit of a snake.

(End of chapter)