Chapter 198: This Is It?
Originally, Rui was fully mentally prepared, because he knew very well that a newly established PE company and a fund manager who had just been in the industry for less than three years were not attractive to investors, especially since he was not only a new fund manager, but also had no previous performance to boast of, and even the previous company had collapsed.......
If he were an investor, he would never invest 100% in such a company - don't even think about it!
Rui can understand the thoughts of these investors, because these investors must face several fund companies at the same time, and everyone wants to take their money out of the investors' pockets. Pen × fun × Pavilion www. biquge。 info
In the PE circle, there are deep reasons why investors abandon new companies and prefer star companies and star funds. For all PE companies, almost 66% of funds basically die after only issuing the first fund.
It is possible that they failed to complete the fundraising task, could not find enough investors, could not find enough investment funds, and finally had to starve themselves to death.
Some may have reluctantly completed the fundraising task, and then failed to achieve better returns, and finally lost the hearts of investors and could not raise a second fund.
After some get the funds, the fund loses money, so that the investor's money suffers a huge loss, which must not have a next time.
In fact, less than 10% of all PE companies are able to issue more than four funds, and all companies whose first fund returns do not meet the expected value are basically unlikely to have a second chance.
In the context of this industry, it is not difficult to understand that investors may choose, Rui actually does not have much hope of persuading investors to get enough funds.
If this wasn't his first job after joining the company, he would have thought of convincing his boss to take a different approach, which would be difficult to navigate.
After thinking so much, the first investor has arrived, a respectable gentleman of the old school, whose ancestors are said to be a baron in France. The old gentleman named Edgar wears a slender tuxedo, wears politeness, and carries a cane, giving Rui a sense of history when visiting the museum.
"Hello! I'm Sir Edgar. ”
"Hello! I'm Dario, sir, and you can call me Rui. ”
"You're so young, it reminds me of my grandson, who is as vibrant as you."
"Oh, then he's already a handsome guy."
"Yes, he is now serving in Syria and hopefully he will return with honors."
"He's so powerful, I once had a hero's dream, dreaming of one day carrying my own gun and steel helmet to uphold human justice. But in the end, I was more into finance, so I came here, and my assistant should have told you a brief introduction to us, right? ”
"Yes, I heard you're planning to buy a machinery company?"
"Hmm...... It's a robotics company......"
"Okay, robotics, oh, by the way, what can it do?"
"Its main business is to help those large enterprises to establish unmanned factories, fully automated factories, and all production steps are completed by automated industrial robots."
"Oh, it's the kind of assembly line that Ford did."
"Hmm...... It's about the same, but it's more advanced than that, at least ...... 100 Years ......"
"Okay, I see, this should be a good project. Oh, by the way, what's its name? ”
"KUKA, KUKA is a German company."
"Germany...... To be honest, I don't like Germany, you know, they're all old-fashioned and fanatical, and they brought World War II to the world, and it was a war full of deaths......"
"Yes, I don't like Germany either, but I don't hate their money."
"Hehe, you're right, since they're annoying, then we're going to make every copper plate of them."
"Yes, make all their money, now our company is a charging warrior, we need ammunition support, and we will pay back, we believe that this is a successful acquisition, and it is also a very profitable acquisition, and we will promise an annualized return of no less than 5%."
"How much do you need in total?"
"The total acquisition amount is expected to be around $4 billion, and we will take the form of a cash acquisition, although there will be installment payment terms, but the first tranche of funds may not be less than $1 billion."
"And how much have you raised?"
"It's a good project, the profit prospects are very clear, the risk is very small, so the investors are very enthusiastic, we have raised almost 950 million US dollars, and now there is only 50 million left in the first phase of fundraising, if you want to participate, I am afraid you have to do it as soon as possible. Because of the subsequent batches of raising, we may not give such good conditions, and the yield may drop to about 4%. ”
Rui made up nonsense without blinking, and if he said that not a penny had been collected now, then I am afraid that the old man would turn around and leave.
"Looks like it's a really good project, by the way, what's this company called?"
"KUKA, it's called KUKA, it's a German company."
"Oh, I remember, yes, I hate Germans."
"Yes, but it's because we hate Germans that we want to make their money."
"Yes, I like your idea, help me introduce this card company."
"Kuka! KUKA has been around for more than 100 years and is one of the four largest robot families in the world with its achievements in the field of industrial robotics. KUKA, ABB, Fanuc, Yaskawa Electromechanical, these four robot companies basically monopolize the market of cutting-edge industrial robots, among which KUKA's industrial robots are the most widely used in the automotive industry, and their advantages in automatic welding are the most obvious. ”
"Relying on Germany's advantages in cutting-edge machine tools, KUKA has great advantages in the field of high-precision robots, as well as special robots and cutting-edge robots."
"Sounds really good, what are you going to do? What are your plans? ”
"We intend to acquire a wholly owned acquisition, and the bottom line is absolute control, and if possible, we will seek a sole proprietorship."
"Okay, okay, it's a good company, if you buy it, it's not a German company, okay, it's a good idea to grab the good stuff from the Germans. How much money are you missing? ”
“...... 50 million, the initial shortage of 50 million, if you have more funds, we are also welcome. ”
"I'm satisfied, I'll ask my butler to bring you the check tomorrow." The old man was unexpectedly cheerful.
Rui was a little uncomfortable, not mentally prepared at all: this ...... That's it? (To be continued.) )