Chapter 82: The Result Is Beyond Imagination
Chen Weidong thought about it, but after all, he didn't say how much he would get the forty percent reward, because he felt that this was something that could not happen.
Max and Truss's executives are also discussing how much shares should be given up, and now the company has no money, because the cost of manufacturing the first batch of cars is too high, and the losses are serious, which makes investors lose confidence, and it is a little too difficult to attract more investment.
The point is that now that the financial crisis is getting worse and worse, there is no hope at all, and the devil knows when the financial crisis will end.
Truss can now be said to be a critical moment of life and death, everything must be premised on the company and continuing to survive, otherwise no matter how many ideals are said, they are useless empty words, the company has collapsed, what is the use of saying more? What is the future of a company that has gone out of business?
Selling 20 percent of the shares will only get an investment of $200 million.
$200 million seems like a lot, but in fact, it is not enough for a car manufacturer.
It only got $70 million in investment in December last year, and Max himself invested another $60 million, which was only more than three months old, and there was no money in the company's account.
It can be said that the current Truss company is on the verge of bankruptcy, and if no one invests, it will really have to go bankrupt.
Max's other space exploration company failed to launch three rocket liftoffs, and the investment of tens of millions of dollars turned into a big fireball formed by the explosion after the rocket failed to take off.
The R&D cost of Truss is too high, and the financial pressure is too great, if he hadn't continued to invest another $60 million, he would have been able to declare bankruptcy by now.
Therefore, what Truss needs most now is capital, and the arrival of Huaxia Shengshi Investment Company is the last straw that Truss must grasp on the verge of bankruptcy.
But even if it gets $200 million in investment now, how long can it support the company? At most, it will take half a year.
This period of time is obviously not enough to support the company and get out of the predicament! So the safer way is to get more investment.
And this prosperous investment company in China seems to be very powerful!
It's just that people aren't stupid! If you want to get more investment, you have to pay more shares, if you give up 30% of the shares, you can get 600 million dollars of investment, with this 600 million US dollars, it is enough for the company to get out of the predicament and operate the listing financing.
It's just that Max was a little unwilling in his heart, and gave up 30% of his shares at once.
But looking back, he himself invested less than $70 million, and this time he diluted it by 30 percent, and the remaining shares were still 33.6 percent, and he was still the absolute majority shareholder, so he didn't have to worry about losing control of the company.
Thinking about it this way, it is not unacceptable to give up 30 percent of the shares.
After a careful investigation and several rounds of arduous negotiations, both sides are clinging to the bottom line.
One wants to get more investment, but doesn't want to give up too many shares, and the other wants to get more shares, but doesn't want to invest too much money, and the two sides can't compete and don't give in to each other.
However, both sides were very sincere in their cooperation, so they each gave up a step, and Max agreed to give up 30% of the shares, and the investment amount was also reduced from 600 million US dollars to 100 million US dollars.
Xia Yu's team has mastered Truss's financial situation and knows that Truss's company is on the verge of bankruptcy, so naturally they will not let go of the opportunity to bite the other party's meat, that is, they can only invest a maximum of 400 million US dollars, accounting for 30% of the shares.
If you want to invest $600 million, you can give up 40 percent of the shares.
In the end, Xia Yu also took a step and raised the condition to invest four dollars, accounting for 30 percent of the shares.
Of course, Max was unwilling, and in the end the talks collapsed, and Xia Yu said on the spot that he would return to China, and he would not talk about it or invest anymore.
Max was in a hurry at this time, and finally he could only bow his head and give in, but he felt that the investment really couldn't be too little, the most dollar.
However, Xia Yu still insisted that if it was 30 percent of the shares, he could only invest four dollars, otherwise he would increase his shares.
In the end, there was no way, Musk took another step and proposed to invest in the dollar and sell 31% of the shares, and finally negotiated a result acceptable to everyone.
Chen Weidong received a call from Xia Yu, and was very satisfied with the final result, and said on the spot that he would reward him with 10,000 yuan.
It cost $100 million less than the original budget, and he got one percent more shares, and it was not too much to reward him with 10,000 yuan.
With Truss's market capitalization of up to one trillion dollars in the future, one percent of the shares is $10 billion, even if there will be a little dilution when it goes public, it will not be too diluted, because there will basically be no refinancing before the listing.
Even if additional new shares are listed, they can't be diluted much, so is the bonus yuan Huaxia currency too much?
10,000 yuan is still a lot for the whole team, which means that everyone can get a reward of millions of yuan.
As the general manager of the company, Xia Yu has received more rewards, of course, and it is impossible for everyone to get the same number of rewards.
As of 26 March, the US stock market and the Nasdaq rose by more than 300 points, and the Hong Kong Index rose by 2,800 points. It's just that Chen Weidong did not speculate on the Xiangjiang Index, but set his sights on the US stock Nasdaq.
In Chen Weidong's view, earning dollars is of course more enjoyable than earning Xiangjiang coins, in fact, the Xiangjiang index jumps by one point, only the Xiangjiang coin, while the US stock Nasdaq jumps by one point, but it is 100 dollars, and the total market value of listed companies in the two markets is not the same level.
The important thing is that Xiangjiang is also a part of China, and blowing up the Xiangjiang index is tantamount to disrupting the financial market of Xiangjiang, and all that is earned is the money of Xiangjiang taxpayers.
After closing the position, he made a big profit of $6 billion again, and entered the US stock market to continue to buy the bottom, using the money of the Americans to earn American dollars, which is a very good feeling.
The investment of And Xia Yu and others have not forgotten the task given to them by Chen Weidong to recruit scientific and technological talents working in the United States and R&D personnel for high-tech projects. He is a doctor of medicine from China and a genius in biomedicine, who has published many papers in world-renowned medical journals, won many awards from the U.S. government, and has become a U.S. citizen. He set up his own biomedical laboratory to study the fight against HIV and the spread of cancer cells, and finally developed a drug that completely cured AIDS and cancer patients. However, the research of this project is obviously very difficult, and it is not easy to produce results. However, once the results of the research are achieved, it will be a scientific research achievement that will shock the world, and it will be a scientific research achievement that can save countless lives. To this end, the United States has also made great efforts to support it, and has successively allocated hundreds of millions of dollars. But now Dr. Shengli's biomedical laboratory is in trouble, and the U.S. government has stopped funding them and no longer supports the research work of their laboratory. Without the support of research funding, the work of the entire biomedical laboratory will be stopped, and if there is no other way, it will have to face the result of disbanding. After Xia Yu heard about the situation, he thought that he could try to talk to Dr. Guo Shengli to see if he could transfer back to China and continue to study the project. To provide you with the fastest update of "Rebirth: Never Be a Warm Man Again" by the great god I am Wang Dalong, in order for you to view the fastest update of this book next time, please be sure to save the bookmark! Chapter Eighty-Two: The Results Are Beyond Imagination Free to read.