Chapter 28: Your Competitors, Why Can't You?
"Hey, that's interesting, then let me hear your insights from the fish that slipped through the net. β
Gabriel Woolley made a phone call and said, "Henry, help me cancel my next appointment." β
Mark Randolph hasn't shaken off his frustration yet, and the situation has changed. He looked at Roy and Gabriel, who were still arguing fiercely just now, in a daze, and he didn't know what was going on.
Roy clenched his fists tightly, relaxed his body and mind slightly, and joked with a smile: "Mark, please order another cup of coffee for Mr. Woolley, it looks like he has to taste it again." β
Mark smiled and nodded.
Roy prepared a total of three sets of plans, the time was 15 minutes, 30 minutes, 60 minutes, now it seems that Gabriel is impatient, and then telling him the details of the long story will really scare away investors.
Roy considered it for a while and chose the most concise set of 15 minutes, which cut out many product, technology, and operation-related details, and went straight to the core.
Most investors can't actually tell the products of their investment projects, and when they choose the entrepreneurial team, they rely on their outstanding business sense. Of course, you have to call it luck, and I won't argue with it.
Not to mention the investors of the company, it is a veteran employee who has worked in the company for more than five years, and more than 90% of them do not know what is going on with the company's core products, but this does not affect them to make their own contributions to the company.
Roy took out the slides and put them on the projector, next to the presentation table, Hongqian was full of ambition, compared to the first time he met the investor, he was wild and sloppy, it was like a different person.
At this time, the performance from the soul officially begins.
He started with the coming DVD revolution, then talked about how disruptive innovation is going against big companies, and finally looked forward to the future of this business model.
During the banquet, Roy was enthusiastic about Gabriel's question and responded fluently.
After 15 minutes, Gabriel gave a symbolic applause, commenting: "Passionate, enthusiastic, nimble, clear thinking, and a little bit of teamwork." β
"Thank you, Mr. Woolley. Roy walked down with a smile, sat on the sofa on the other side, and asked straight to the point, "So, how much does Mr. Woolley want to invest?"
"Don't be in a hurry, teenager. Let's talk about something else first. Gabriel leisurely picked up his coffee and savored it calmly.
Damn Fake, who was in a hurry in the first place, and he seemed to be a million minutes and a million minutes and a million minutes.
"Excuse me. β
"If DVD is the trend, then why can't your competitor BesTV? Even if it started later than you, as long as it competes, a small company like you will have no resistance. β
Roy was silent, not unprepared for the question, but because it was a difficult question to answer. History proves that BesTV's CEO did not think that DVDs were a threat, so he clung to the old ways and did not start to carry out minor reforms until he lost money year by year. As for why it is not taken seriously, judging from the eyes of future generations, it is that the ass determines the head (inertial thinking).
But how is Roy going to answer? Is it stupid to say that the CEOs of giant companies are stupid? If so, wouldn't he seem even more stupid and arrogant?
Suddenly, he had an idea: yes, arrogance.
"Mr. Woolley, there are no ifs in history, only arrogance and arrogance. The more glorious the group, the more it will ignore the obvious crisis, and history will play out such funny tragedies over and over again, and therefore, there will be more possibilities in the future, creating many subversive enterprises! If the stronger the stronger, then there will not be countless glorious civilizations buried in the dust. β
Gabriel smiled: "Well, maybe you're right, history has no ifs, so I'm going to think about it carefully, right?"
"Of course, however, there is not much time left for you. Roy asked Mark, "How's our seed round going?"
Mark flipped through a detailed table and explained: "We met with a total of 13 investors this week, of which 7 have investment intentions, 5 are willing to sign investment letters of intent on the spot, and 1 is willing to make payments within three days, which is the details of these investment companies and the list of investors. β
Gabriel glanced at the information on it with a disdainful face, and said proudly: "These are just little ants and grasshoppers, compared to Flynn Capital, they are not worth mentioning, if you are willing to find them cats and dogs, please feel free." β
Roy said: "Mr. Woolley, they are indeed cats and dogs, and the conditions proposed are a little harsh, but compared to the company that exists in name only, we hope to operate some achievements first, and when the A round, B round, and C round of financing are completed, the price of the shares may be ten or a hundred times." β
"It may not be worth a penny. Gabriel said dismissively.
"That's for the future. Roy pushed the plan to Gabriel and said, "Now, it's time for you to get the bottom line." β
Gabriel thought about it and gave his own request: "One million, 20 percent." β
Mark was happy in his heart, this condition is much more generous than those small companies, not to mention, this is just a seed round. He was so excited that he almost agreed for Roy.
Roy seemed unmoved on the surface, and his tone was not at all concedent: "One million, 10%." β
Gabriel looked at Mark angrily, "Do you think so too? β
Makeno said: "I ...... No...... I need to talk to Roy. β
Roy and Mark stepped aside, Mark tried his best to lower his voice, and said with a worried face: "What are you hesitating about? That's two million." β
Roy sneered, "When you take a million, there's nothing left." β
"Can you not be so rash, such a good opportunity, there are really not many. β
"I didn't act righteously, I just told you with facts that this is not his limit. β
"Well, I hope you don't mess up, or ...... It's not good for everyone. β
Gabriel Zhizhu smiled in his hand, looked at the two of them and said, "How do you think about it? Should I leave or should I stay?"
Roy muttered, "Mr. Woolley, we respect you very much, but that's not how the market is calculated, and what you give is not a friendship price. One and a half million, 15%, that's my floor. β
Gabriel forced to look at this other party, his eyes were sharp, sharp, the surrounding atmosphere began to change, the air seemed to condense, I don't know how long it took, Gabriel saw Roy standing still, facing the abyss, he couldn't help but admire in his heart, the corners of his mouth rose, and he stretched out his right hand: "Deal." β
Roy shook the other party's hand, licked his face and smiled, "How many days is the deadline for payment?"
Gabriel shrugged and spread his hands: "No." β
Roy smiled: "This is not a good time to say 'deal', if you drag it out for three or five years, then we will play eggs?"
Gabriel smiled and said: "Young man, trust the partner, I promise you, within a month, it will definitely arrive." β
"Can't it be written on the contract?"
"Of course. β
Roy shook his head, took care of himself and picked up the scattered information on the table, revealing disappointment in his tone: "It turns out that the investment agreement of a large company like Flynn Capital is all based on verbal guarantees, it seems that I might as well go to those little ants and grasshoppers who are making a little fuss, at least they dare to write what they want to say into the contract." β
Gabriel's piercing eyes swept over the two of them, a hairy boy who was more treacherous than an old fox, and a middle-aged entrepreneur who was naΓ―ve like an idiot. The world is crazy.
βYou-winγ Gabriel picked up the plan and said without looking back: "I will ask the assistant to sign the contract tomorrow afternoon, and you have one more day to regret it." β
Roy and Mark watched Gabriel disappear from the doorway, no longer caring about being reserved, high-fived excitedly, and their whole souls seemed to have the urge to ascend to heaven.
Suddenly, Mark patted his head and said in frustration, "Forgot a big thing." β